MARSHALL, TX

H E And Ruby Pelz Trust 2

Quick Facts

EIN: 746392477
Location: MARSHALL, TX
Phone: (903) 938-3300
Category: General
Total Assets: $873K
Annual Income: $89K
IRS Ruling Year: 1992
Organization Type: Non-Operating Foundation
Principal Officer: % Scott Rectenwald
Tax Deductibility: Contributions are deductible

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About This Foundation

H E And Ruby Pelz Trust 2 is a private trust based in MARSHALL, TX. The foundation received its IRS ruling in 1992. The principal officer is % Scott Rectenwald. It holds total assets of $873K. Annual income is reported at $89K. MICHELSON MUSEUM OF ART CONSERVESEXHIBITS PAINTINGS AND PROVIDES ART LESSONS AND ENHANCES CREATIVITY FOR CHILDREN SERVES 8000 PERSONS ANNUALLY. According to available records, H E And Ruby Pelz Trust 2 has made 67 grants totaling $231K, with a median grant of $4K. Annual giving has decreased from $153K in 2023 to $78K in 2024. Individual grants have ranged from $500 to $5K, with an average award of $3K. The foundation has supported 24 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.

Application Information

Restrictions

EDUCATIONAL SCIENTIFIC RELIGIOUS OR TO RELIEVE SUFFERING

Programs & Activities

MICHELSON MUSEUM OF ART CONSERVESEXHIBITS PAINTINGS AND PROVIDES ART LESSONS AND ENHANCES CREATIVITY FOR CHILDREN SERVES 8000 PERSONS ANNUALLY

Expenses: $5K

SOCIETY OF ST STEPHEN PROVIDES INDIGENT FAMILIES IN THE HARRISON COUNTY AREA WITH VARIOUS NEEDS SERVES OVER 400 AREA CHILDREN ANNUALLY

Expenses: $5K

TRINITY EPISCOPAL CHURCH IS A RELIGIOUS ORGANIZATION SERVING OVER 400 FAMILIES

Expenses: $5K

TRINITY EPISCOPAL SCHOOL IS A RELIGIOUS ORGANIZATION SERVING OVER 400 FAMILIES

Expenses: $5K

Frequently Asked Questions

What does H E And Ruby Pelz Trust 2 fund?

MICHELSON MUSEUM OF ART CONSERVESEXHIBITS PAINTINGS AND PROVIDES ART LESSONS AND ENHANCES CREATIVITY FOR CHILDREN SERVES 8000 PERSONS ANNUALLY. Based on available records, the foundation has funded 67 grants. Its grantmaking reaches organizations primarily in TX.

How much does H E And Ruby Pelz Trust 2 give in grants?

H E And Ruby Pelz Trust 2 has distributed a total of $231K across 67 grants. The median grant size is $4K, with an average of $3K. Individual grants have ranged from $500 to $5K.

How do I apply for a grant from H E And Ruby Pelz Trust 2?

EDUCATIONAL SCIENTIFIC RELIGIOUS OR TO RELIEVE SUFFERING.

Where is H E And Ruby Pelz Trust 2 located?

H E And Ruby Pelz Trust 2 is headquartered in MARSHALL, TX.

Key People & Compensation (2024)

Name	Title	Compensation	Benefits	Total
Cary M Abney	SECRETARY CO TRUSTEE	$14K	$0	$14K
Scott Rectenwald	PRESIDENT CO TRUSTEE	$0	$0	$200
Richard B Abney	VICE PRES CO TRUSTEE	$0	$0	$200

990 Tax Filings

Year	Return Type	PDF
2024	990PF	View
2023	990PF	View
2022	990PF	View
2021	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$110K

2023+1%

Total Assets

$911K

2023+6%

Fair Market Value

$1.9M

2023

Net Worth

$911K

2023

Grants Paid

$78K

2023

Contributions

2023

Net Investment Income

$144K

2023

Distribution Amount

$86K

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2023)

Total: $855K

Corporate Stock (68%)

Corporate Bonds (3%)

Government Obligations (28%)

Cash (1%)

Expense Breakdown (2023)

Revenue Sources (2023)

Capital Gains (Net): $101K
Dividends: $45K
Other Income: $17K

Financial Details (2023)

Total Revenue: $164K
Total Expenses: $110K
Exempt Purpose Expenses: $89K
Required Distribution: $86K
Undistributed Income: $58K
Total Liabilities: $1
Excise Tax: $2K
Tax Due: $2K

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$231K

Average Grant

$3K

Median Grant

$4K

Unique Recipients

Most Common Grant

$5K

Grant Disbursements by Year

Grant Range

Min$500

Max$5K

Median: $4K

Smallest grantLargest grant

Openness to New Grantees (2024)

of 2024 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

TX$231K (67)

Past Grantees

Recipient	Location	Amount	Year
Empty Stocking FundOPERATIONS	Marshall, TX	$5K	2024
Court Appointed Special AdvocatesOPERATIONS	Marshall, TX	$3K	2024
Society Of St StephensOPERATIONS	Marshall, TX	$5K	2024
Trinity Episcopal SchoolOPERATIONS	Marshall, TX	$5K	2024
Texas State Tech College FoundationOPERATIONS