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Also known as: FAMILY FOUNDATION
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Kelye And Cynthia Stites Family Foundation is a private corporation based in RICHLAND HLS, TX. The foundation received its IRS ruling in 2018. The principal officer is Kelye Stites. It holds total assets of $4.4M. Annual income is reported at $860K. Total assets have grown from $1.9M in 2019 to $4.5M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Texas, Alabama and Washington. According to available records, Kelye And Cynthia Stites Family Foundation has made 29 grants totaling $505K, with a median grant of $10K. Annual giving has grown from $49K in 2020 to $305K in 2022. Individual grants have ranged from $600 to $60K, with an average award of $17K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Texas and Washington and Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$600
Median Grant
$5K
Average Grant
$7K
Largest Grant
$20K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Kelye And Cynthia Stites Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in TX, WA, AL.
Kelye And Cynthia Stites Family Foundation has distributed a total of $505K across 29 grants. The median grant size is $10K, with an average of $17K. Individual grants have ranged from $600 to $60K.
Kelye And Cynthia Stites Family Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is NONE AT THIS TIME. Requests from charitable organizations are by invitation only.
Kelye And Cynthia Stites Family Foundation is headquartered in RICHLAND HLS, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kelye B Stites | OFFICER | $0 | $0 | N/A |
| Cynthia R Stites | OFFICER | $0 | $0 | N/A |
Total Giving
$250K
Total Assets
$4.5M
Fair Market Value
$4.9M
Net Worth
$4.5M
Grants Paid
$213K
Contributions
N/A
Net Investment Income
$87K
Distribution Amount
$231K
Total: $4.5M
Total Grants
29
Total Giving
$505K
Average Grant
$17K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boys And Girls ClubGENERAL SUPPORT | Gainesville, TX | $60K | 2022 |
| Community Enrichment Center IncSPONSORSHIP | North Richland Hills, TX | $30K | 2022 |
| The GatehouseGENERAL SUPPORT | Westlake, TX | $25K | 2022 |
| Wishes Wonders And KidsGENERAL SUPPORT | Lake Kiowa, TX | $25K | 2022 |
| Children Of The NationsSUPPORT FOR UGANDA EFFORTS | Silverside, WA | $10K | 2022 |
| Jordan Elizabeth Harris CharitiesSPONSORSHIP | Fort Worth, TX | $3K | 2022 |
| His StorySUPPORT TO PROVIDE COUNSELING FOR LOWER INCOME CLIENTS | Grapevine, TX | $25K | 2021 |
| Junior League Of HoustonGENERAL SUPPORT | Houston, TX | $10K | 2021 |
| The Story Of HoustonEXPANSION | Houston, TX | $5K | 2021 |
| Leukemia And Lymphona SocietyGENERAL SUPPORT | Austin, TX | $3K | 2021 |
| Launch GlobalGENERAL SUPPORT | Birmingham, AL | $2K | 2021 |
| Mid Cities SosSAFEHAVEN SUPPORT | Colleyville, TX | $600 | 2020 |