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Luke And Merle Soules Family Foundation is a private corporation based in SAN ANTONIO, TX. The foundation received its IRS ruling in 1999. The principal officer is Luther H Soules Iii. It holds total assets of $1.4M. Annual income is reported at $1M. The foundation is governed by 4 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 2016 to 2023. Grantmaking is concentrated in Texas. According to available records, Luke And Merle Soules Family Foundation has made 65 grants totaling $460K, with a median grant of $4K. Annual giving has grown from $75K in 2020 to $110K in 2023. Grantmaking activity was highest in 2022 with $187K distributed across 18 grants. Individual grants have ranged from $100 to $70K, with an average award of $7K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in Ohio, Texas, Michigan, which account for 92% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$4K
Largest Grant
$12K
Based on 17 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.
Luke And Merle Soules Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 65 grants. Its grantmaking reaches organizations primarily in OH, TX, MI.
Luke And Merle Soules Family Foundation has distributed a total of $460K across 65 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $100 to $70K.
Luke And Merle Soules Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Luke And Merle Soules Family Foundation is headquartered in SAN ANTONIO, TX. While based in TX, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Luther H Soules Iv | VP,ASTSEC/DIR | $0 | $0 | N/A |
| Luther H Soules Iii | PRES/CHAIR | $0 | $0 | N/A |
| Andrea Marie Soules | VP,SEC/DIR | $0 | $0 | N/A |
| Brett Augusta Soules | VP, TRES/DIR | $0 | $0 | N/A |
Total Giving
$114K
Total Assets
$1.8M
Fair Market Value
$2.3M
Net Worth
$1.8M
Grants Paid
$110K
Contributions
N/A
Net Investment Income
$125K
Distribution Amount
$113K
Total: $1.7M
Total Grants
65
Total Giving
$460K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
34
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity CharitableGENERAL PURPOSE | Cincinnati, OH | $70K | 2023 |
| San Antonio Livestock Exposition InGENERAL PURPOSE | San Antonio, TX | $10K | 2023 |
| Texas Tech Law School FoundationGENERAL PURPOSE | Lubbock, TX | $5K | 2023 |
| Nasher Sculpture CenterGENERAL PURPOSE | Dallas, TX | $5K | 2023 |
| Texas Am Foundation ChancellorGENERAL PURPOSE | College Station, TX | $5K | 2023 |
| American Agape FoundationGENERAL PURPOSE | San Antonio, TX | $5K | 2023 |
| Classical Music InstituteGENERAL PURPOSE | San Antonio, TX | $4K | 2023 |
| Thrivewell Cancer FoundationGENERAL PURPOSE | San Antonio, TX | $3K | 2023 |
| D'Hanis Volunteer Fire DeptGENERAL PURPOSE | Dhanis, TX | $3K | 2023 |
| Sabinal Alumni Scholarship FoundatiGENERAL PURPOSE | Austin, TX | $1K | 2023 |
| Medina County Junior Livestock ShowGENERAL PURPOSE | Hondo, TX | $200 | 2023 |
| Texas Aggie Corp Of Cadets AssociatGENERAL PURPOSE | Bryan, TX | $5K | 2022 |
| Alamo Community GroupGENERAL PURPOSE | San Antonio, TX | $5K | 2022 |
| San Antonio Am ClubGENERAL PURPOSE | San Antonio, TX | $500 | 2022 |
| The Association Of Former StudentsGENERAL PURPOSE | College Station, TX | $100 | 2022 |
| Adobe Contemplative Care For The DyGENERAL PURPOSE | San Antonio, TX | $5K | 2021 |
| Adrian Music BoostersGENERAL PURPOSE | Adrian, MI | $5K | 2021 |
| The Settlement Home For ChildrenGENERAL PURPOSE | Austin, TX | $5K | 2021 |
| Haven For HopeGENERAL PURPOSE | San Antonio, TX | $5K | 2021 |
| Juvenile Diabetes Research FoundatiGENERAL PURPOSE | San Antonio, TX | $3K | 2021 |
| Soule Kindred In America IncGENERAL PURPOSE | Tempe, AZ | $3K | 2021 |
| Texas Cavalier'S Charitable FoundatGENERAL PURPOSE | San Antonio, TX | $2K | 2021 |
| San Antonio ZooGENERAL PURPOSE | San Antonio, TX | $2K | 2021 |
| Medina County Rodeo AssociationGENERAL PURPOSE | Hondo, TX | $1K | 2021 |
| KlrnGENERAL PURPOSE | San Antonio, TX | $1K | 2021 |
| San Antonio Livestock Exposition IncGENERAL PURPOSE | San Antonio, TX | $10K | 2020 |