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Polycarp Foundation is a private corporation based in MISSOURI CITY, TX. The foundation received its IRS ruling in 1998. The principal officer is Charles Doolin. It holds total assets of $4.5M. Annual income is reported at $1.5M. Total assets have grown from $7K in 2011 to $4.5M in 2024. 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 2015 to 2024. The foundation primarily funds organizations in Texas, Iowa and Tennessee. According to available records, Polycarp Foundation has made 34 grants totaling $760K, with a median grant of $10K. The foundation has distributed between $190K and $300K annually from 2020 to 2023. Individual grants have ranged from $5K to $165K, with an average award of $22K. The foundation has supported 19 unique organizations. Grants have been distributed to organizations in Texas and Iowa and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$19K
Largest Grant
$50K
Based on 10 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.
Polycarp Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in TX, IA, TN.
Polycarp Foundation has distributed a total of $760K across 34 grants. The median grant size is $10K, with an average of $22K. Individual grants have ranged from $5K to $165K.
Polycarp Foundation typically selects its grantees rather than accepting unsolicited proposals.
Polycarp Foundation is headquartered in MISSOURI CITY, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Worth A Nelson Iii | PRESIDENT | $0 | $0 | N/A |
| Joseph Wesley Doolin | VP/SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4.5M
Fair Market Value
N/A
Net Worth
$4.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
34
Total Giving
$760K
Average Grant
$22K
Median Grant
$10K
Unique Recipients
19
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sea Star Base GalvestonGENERAL SUPPORT | Galveston, TX | $165K | 2023 |
| Sons Of Confederate VeteransGENERAL SUPPORT | Columbia, TN | $5K | 2022 |
| First Presbyterian ChurchGENERAL SUPPORT | Dallas, TX | $25K | 2020 |
| Joy Lutheran ChurchCHARITABLE SUPPORT OF IT'S THE PITS COOKERS | Richmond, TX | $40K | 2023 |
| American National Red CrossGENERAL SUPPORT | Boone, IA | $15K | 2023 |
| Texas State AquariumGENERAL SUPPORT | Corpus Christi, TX | $10K | 2023 |
| Digital Preservation OrganizationGENERAL SUPPORT | League City, TX | $10K | 2023 |
| Cypress United Methodist ChurchGENERAL SUPPORT | Cypress, TX | $5K | 2023 |
| Texas And Southwestern CattleGENERAL SUPPORT | Ft Worth, TX | $5K | 2023 |
| Seafarers' Center Of BeaumontGENERAL SUPPORT | Beaumont, TX | $5K | 2023 |
| Children'S Museum Of HoustonGENERAL SUPPORT | Houston, TX | $5K | 2023 |
| Houston ZooGENERAL SUPPORT | Houston, TX | $5K | 2023 |
| St Andrews Episcopal ChurchGENERAL SUPPORT | Farmers Branch, TX | $5K | 2023 |
| Sea Scout Base GalvestonGENERAL SUPPORT | Galveston, TX | $50K | 2022 |
| American Legion Charities IncGENERAL SUPPORT | Fort Worth, TX | $10K | 2022 |
| The Dallas FoundationGENERAL SUPPORT | Dallas, TX | $25K | 2020 |
| Catholic Charities Of Dallas IncGENERAL SUPPORT | Dallas, TX | $25K | 2020 |
| Cafe MomentumGENERAL SUPPORT | Dallas, TX | $25K | 2020 |
| Marine Military AcademyGENERAL SUPPORT | Harlingen, TX | $10K | 2020 |