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North Texas Ace Foundation is a private corporation based in FORT WORTH, TX. The foundation received its IRS ruling in 2014. The principal officer is Amber Altemose. It holds total assets of $159K. Annual income is reported at $35K. Total assets have grown from $100 in 2013 to $260K in 2023. The foundation is governed by 4 officers and trustees. To promote human healthcare and animal welfare. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Texas and West Virginia. According to available records, North Texas Ace Foundation has made 7 grants totaling $2.7M, with a median grant of $53K. The foundation has distributed between $1.2M and $1.4M annually from 2020 to 2022. Individual grants have ranged from $5K to $1.2M, with an average award of $380K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Texas and West Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$407K
Largest Grant
$1.2M
Based on 3 grants from the most recent 990-PF filing.
To promote human healthcare and animal welfare.
Expenses: $763K
To promote human healthcare and animal welfare. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in TX, WV.
North Texas Ace Foundation has distributed a total of $2.7M across 7 grants. The median grant size is $53K, with an average of $380K. Individual grants have ranged from $5K to $1.2M.
North Texas Ace Foundation typically selects its grantees rather than accepting unsolicited proposals.
North Texas Ace Foundation is headquartered in FORT WORTH, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Veronica Garza | EXECUTIVE DIRECTOR | $18K | $0 | $18K |
| Harrison Ford | DIRECTOR/TREASURER | $0 | $0 | N/A |
| Ralph Baine | DIRECTOR/SECRETARY | $0 | $0 | N/A |
| A Compton Broders Iii | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
Total Giving
$643K
Total Assets
$260K
Fair Market Value
$260K
Net Worth
$260K
Grants Paid
$605K
Contributions
$543K
Net Investment Income
N/A
Distribution Amount
$19K
Total Grants
7
Total Giving
$2.7M
Average Grant
$380K
Median Grant
$53K
Unique Recipients
5
Most Common Grant
$53K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Methodist FoundationGENERAL SUPPORT | Dallas, TX | $667K | 2022 |
| Parkland FoundationGENERAL SUPPORT | Dallas, TX | $53K | 2022 |
| Methodist Foundation PledgeGENERAL SUPPORT | Dallas, TX | $1.2M | 2020 |
| Animal HopeGENERAL SUPPORT | Fort Worth, TX | $10K | 2020 |
| West Virginia UniversityEDUCATIONAL SCHOLARSHIP | Morgantown, WV | $5K | 2020 |