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Palacios Community Foundation is a private corporation based in BLESSING, TX. The foundation received its IRS ruling in 1999. The principal officer is Marvin Curtis Director. It holds total assets of $351K. Annual income is reported at $13K. Total assets have decreased from $823K in 2009 to $351K in 2023. The foundation is governed by 3 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. Grantmaking is concentrated in Texas. According to available records, Palacios Community Foundation has made 25 grants totaling $67K, with a median grant of $2K. The foundation has distributed between $15K and $19K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $19K distributed across 7 grants. Individual grants have ranged from $1K to $11K, with an average award of $3K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$3K
Largest Grant
$5K
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.
Palacios Community Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in TX.
Palacios Community Foundation has distributed a total of $67K across 25 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $1K to $11K.
Palacios Community Foundation typically selects its grantees rather than accepting unsolicited proposals.
Palacios Community Foundation is headquartered in BLESSING, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marty Crain | President | $0 | $0 | N/A |
| Stephanie Rodgers | Vice President | $0 | $0 | N/A |
| Emily Garcia | Secretary | $0 | $0 | N/A |
Total Giving
$18K
Total Assets
$351K
Fair Market Value
N/A
Net Worth
$351K
Grants Paid
$18K
Contributions
N/A
Net Investment Income
$13K
Distribution Amount
$18K
Total: $349K
Total Grants
25
Total Giving
$67K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
12
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Little LeagueYOUTH SPORTS | Blessing, TX | $2K | 2023 |
| Rainbow Land Day CareCHILD CARE | Palacios, TX | $1K | 2022 |
| Palacios Area FundCARE FOR NEEDY | Palacios, TX | $3K | 2023 |
| Lutheran ChurchCHURCH | Palacios, TX | $3K | 2023 |
| Martha'S TableFOOD BANK | Palaios, TX | $2K | 2023 |
| Palacios Sr CitizensELDER CARE | Palacios, TX | $2K | 2023 |
| Palacios LibraryPUBLIC LIBRARY | Palacios, TX | $1K | 2023 |
| Family Outreach ChurchCHURCH | Palacios, TX | $1K | 2023 |
| Boysgirls CiubYOUTH ACTIVITY | Palacios, TX | $1K | 2023 |
| Sanford CenterCOMMUMITY CENTER | Palacios, TX | $1K | 2023 |
| Saint Johns Episcopal ChurchCHURCH | Palacios, TX | $1K | 2023 |
| Rope For KidsYOUTH EDUCATION | Palacios, TX | $1K | 2023 |