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Hernandez Foundation is a private corporation based in FORT WORTH, TX. The foundation received its IRS ruling in 2018. It holds total assets of $60K. Annual income is reported at $630K. Total assets have grown from $5K in 2018 to $60K in 2024. The foundation is governed by 2 officers and trustees. Social services through legal aid, immigration assistance, clothing & food pantry, and supporting access to continuing education for students in the rio grande valley tx area. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Grantmaking is concentrated in Texas. According to available records, Hernandez Foundation has made 20 grants totaling $3.3M, with a median grant of $125K. The foundation has distributed between $561K and $1.4M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 4 grants. Individual grants have ranged from $2K to $800K, with an average award of $164K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$150K
Average Grant
$161K
Largest Grant
$300K
Based on 5 grants from the most recent 990-PF filing.
Social services through legal aid, immigration assistance, clothing & food pantry, and supporting access to continuing education for students in the rio grande valley tx area.
Expenses: $561K
Social services through legal aid, immigration assistance, clothing & food pantry, and supporting access to continuing education for students in the rio grande valley tx area. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in TX.
Hernandez Foundation has distributed a total of $3.3M across 20 grants. The median grant size is $125K, with an average of $164K. Individual grants have ranged from $2K to $800K.
Hernandez Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hernandez Foundation is headquartered in FORT WORTH, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael A Hernandez Iii | TRUSTEE/BOARD MEMBER | $0 | $0 | N/A |
| Carlos Marin | TRUSTEE/BOARD MEMBER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$60K
Fair Market Value
N/A
Net Worth
$60K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
20
Total Giving
$3.3M
Average Grant
$164K
Median Grant
$125K
Unique Recipients
10
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Assocaition Of Former StudentsTO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | College Station, TX | $300K | 2023 |
| Op 1033 IncTO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | Brownsville, TX | $228K | 2023 |
| Catholic Charities Of The Rio Grande ValleyTO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | San Juan, TX | $25K | 2023 |
| Texas A&M FoundationTO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | College Station, TX | $5K | 2023 |
| Proyecto Juan DiegoTO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | Brownsville, TX | $5K | 2023 |
| Saint Joseph AcademyTO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | Brownsville, TX | $150K | 2021 |
| Valley Zoological EndowmentTO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | Brownsville, TX | $25K | 2021 |
| Docent Council Of The Gladys Porter ZooTO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | Brownsville, TX | $50K | 2020 |
| A Wish With Wings IncTO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | Fort Worth, TX | $25K | 2020 |
| Brownsville Community FoundationTO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | Brownsville, TX | $2K | 2020 |