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Prichard Family Foundation is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 1999. The principal officer is Margaret Elaine Prichard Fagan. It holds total assets of $10M. Annual income is reported at $248K. Total assets have grown from $6.4M in 2011 to $9.6M in 2022. The foundation is governed by 7 officers and trustees. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Communities where family member directors reside and Dallas, TX. According to available records, Prichard Family Foundation has made 80 grants totaling $2.5M, with a median grant of $20K. The foundation has distributed between $545K and $1.4M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 40 grants. Individual grants have ranged from $4K to $150K, with an average award of $32K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Texas, Maryland, Virginia, which account for 93% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
The Prichard Family Foundation is a tightly held family operation, not an institutional grantmaker with program staff. It was established in 1998 by Lev H. Prichard III and Ella Gayle Wall and is now run by the next generations: Lev H. Prichard IV (President), Margaret Elaine Prichard Fagan (Treasurer, and the foundation's de facto point of contact at pegfagan@aol.com), Craig Christina (VP), and directors Lev H. Prichard V, Evan Prichard, Leslie Fagan, and Elaine Fagan. Every officer and director draws a flat $3,000 stipend — a signal this is a genuinely hands-on family board reviewing every grant personally, not a delegated committee process. The foundation's own eligibility language is explicit: it 'only accepts grant proposals from pre-approved organizations,' and its website frames applications as invitation-based even though a full structured application form exists at prichardfamilyfoundation.org/application/. First-time applicants should treat the form as the second step, not the first — the real entry point is a direct email introduction to Margaret Fagan establishing fit before submitting documents. Two founder legacies visibly shape what gets funded: Lev's commitment to children's welfare (Driscoll Children's Hospital, Foster Angels of South Texas, Boys & Girls Club of Corpus Christi, Women's Shelter of South Texas) and Ella's dedication to arts and education (Frontiers of Flight Museum, Art Museum of South Texas, Colonial Williamsburg, Texas State Aquarium). A strong Baptist and broader Christian institutional thread also runs through the portfolio (Baptist Joint Committee, Fellowship Southwest, First Baptist Church, Highland Park United Methodist, Church of the Good Shepherd), consistent with the foundation's stated mission to reflect 'historic Baptist principles.' Geography is a hard filter: 68 of 80 tracked grants (85%) went to Texas organizations, concentrated in Dallas (foundation headquarters) and Corpus Christi/the Coastal Bend (evident family roots), with small, likely relationship-driven outliers in Maryland, DC, Virginia, Massachusetts (Nantucket), and Florida. Once an organization is in the portfolio, funding tends to recur for 3-4 consecutive years at similar dollar levels — Baylor University, Driscoll Children's Hospital, and several others show this pattern — so the realistic strategy for a new applicant is to establish a personal connection, demonstrate strong alignment with faith, children's welfare, arts/education, or Texas Gulf Coast community themes, and expect a modest first grant that could grow into a multi-year relationship if stewardship reporting is strong.
Across 80 tracked grants totaling $2,540,000, the average grant is $31,750; the foundation's own site-verified typical grant size (n=20) reports a median of $26,250, an average of $34,550, and a range of $10,000 to $150,000 — with $150,000 corresponding almost exactly to Baylor University's per-year allocation, suggesting that figure is close to the foundation's practical ceiling. At the low end, one-time grants of $5,000 went to Education to Employment and Associated Baptist Press. By dollar volume, the largest sustained recipients are Baylor University ($600,000 across 4 grants, ~$150K/year — higher education with Baptist heritage), Driscoll Children's Hospital ($280,000/4 grants, child welfare), Church of the Good Shepherd ($184,000/3 grants), Frontiers of Flight Museum ($167,000/4 grants, arts/culture), Foster Angels of South Texas ($165,000/4 grants, foster care), Boys & Girls Club of Corpus Christi ($131,000/4 grants), and Highland Park United Methodist ($122,000/4 grants). By recipient count, the portfolio spans roughly 27 organizations across religious institutions (Baptist Joint Committee, Fellowship Southwest, First Baptist Church, Dallas Christian Women, MOPS), higher education (Baylor, University of Texas, SMU), child/family welfare (Driscoll, Foster Angels, Boys & Girls Club, Women's Shelter of South Texas, Coastal Bend Community), and arts/culture/museums (Frontiers of Flight, Art Museum of South Texas, Colonial Williamsburg, Texas State Aquarium). Geographically, 68 of 80 tracked grants (85%) went to Texas, with Maryland and DC each receiving 4, Virginia 2, and Massachusetts and Florida 1 each. On the financial trend line, Form 990 filings from 2011-2022 (the latest year in the dataset) show total assets growing from $6.42M to $9.62M and total giving growing from $390,095 to $728,300 — giving grew roughly 87% over that decade versus 50% asset growth, meaning the payout rate climbed from about 6.1% to 7.6% of assets, above the 5% federal minimum. Net investment income, not new contributions, drives the endowment (contributions received were $0 in every recent filed year). Web research indicates this trajectory continued: $639,000 given in 2024 and approximately $643,000 to 18 grantees in 2025, consistent with the established $600K-$730K annual range even as the number of active grantees per cycle (18-20) runs smaller than the 80-grant multi-year tracked total, implying overlapping multi-year cohorts rather than a large annual applicant pool.
Prichard sits in a tightly clustered peer group of small, education-classified family foundations with near-identical asset bases around $9.9M-$10.05M. Robey Charitable Trust (CT), The Helton Foundation (GA), Ogden Family Foundation (LA), NM Bodecker Creative Foundation (OR), and Melton Foundation (DE) are all sized within roughly $180,000 of Prichard's $9,952,363 in assets, though annual giving and application posture for these peers were not available in this dataset or via public filings review.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Prichard Family Foundation (TX) | $9.95M | ~$643K (2025) | Education/Charitable/Religious | Invitation-only, formal online form |
| Robey Charitable Trust (CT) | $9.95M | Not disclosed | Education | Not disclosed, no public site |
| The Helton Foundation (GA) | $9.95M | Not disclosed | Education | Not disclosed, no public site |
| Ogden Family Foundation (LA) | $9.89M | Not disclosed | Education | Public website, process unconfirmed |
| Melton Foundation (DE) | $10.05M | Not disclosed | Education | Public website, process unconfirmed |
| NM Bodecker Creative Foundation (OR) | $9.87M | Not disclosed | Education | Public website, process unconfirmed |
What distinguishes Prichard within this peer set is transparency: unlike two of the five peers, which have no public website at all, Prichard publishes a fully documented application checklist, deadline, and staff contact — an unusually clear (if still gated) path in for a foundation this size. Its actual giving pattern also runs broader than the pure "Education" NTEE classification shared by all six foundations, spanning religious, health, arts, and human-services grantees, so applicants should not assume education-only fit is required.
There is no evidence of press coverage, leadership turnover, or major program announcements for the Prichard Family Foundation in 2025-2026 — consistent with its profile as a low-visibility, six-person family board with no communications function. The most concrete recent signals come from nonprofit-data aggregators rather than news outlets: the foundation distributed approximately $643,000 to 18 grantees in 2025 and $639,000 in 2024, both in line with its historical annual range. The foundation's website shows active maintenance, including a live '2025 Progress Reports' page where past grantees document project outcomes, and a structured application page confirming the 2026 cycle deadline of January 30, 2026 with accepting_applications currently true. Governance has been stable: Lev H. Prichard IV continues as President and Margaret Elaine Prichard Fagan as Treasurer and primary staff contact (pegfagan@aol.com), the same family leadership reflected across the available filing years, with no indication of a recent succession event. For a foundation of this scale (under $10M in assets, roughly $600-730K in annual giving), the absence of press activity should be read as normal operating cadence rather than a gap in research — the most current, reliable signal of foundation health remains its continued, on-schedule 2026 application cycle.
Applicants must clear a pre-approval gate before the online form even matters: the foundation's own stated restriction is that it 'only accepts grant proposals from pre-approved organizations,' so the first move should be a concise email to Margaret Elaine Prichard Fagan at pegfagan@aol.com introducing the organization and its mission fit, not a cold form submission. Once invited, the online application at prichardfamilyfoundation.org/application/ requires eight attachments — organization history, project description, complete project budget, list of other funders approached, governing body roster, prior-year Form 990, current year-to-date fiscal statement, and 501(c)(3) determination letter — all as PDF or DOCX under 63MB, so applicants should have these assembled before starting rather than mid-form. The hard deadline for the current cycle is January 30, 2026; there is no indication of a second annual window, so late or off-cycle inquiries should target the following year's deadline instead. Right-size the funding ask: the median grant is $26,250 and the practical range is $10,000-$150,000, with $150,000 (Baylor University's level) functioning as an effective ceiling — an ask in the $250K+ range would be out of pattern for this funder. The strongest alignment language draws on the foundation's two founding legacies (children's welfare, and arts/education) plus its stated commitment to 'historic Baptist principles,' and on geography — Dallas and Corpus Christi/Coastal Bend Texas organizations dominate the recipient list at 85% of tracked grants. A common mistake would be treating the public application form as an open-entry lottery; it is better understood as intake infrastructure for a network the family board already knows, so a warm introduction matters more than proposal polish. For organizations already funded, submitting a progress report through the foundation's dedicated reporting page appears directly tied to the 3-4-year renewal pattern seen with top recipients like Baylor University and Driscoll Children's Hospital — treat post-grant reporting as part of the ask, not an afterthought. Because this is a seven-person family board with no program staff, proposals should be written for a lay, mission-driven reader rather than a technical grants reviewer, and outreach should stay personal (a named contact, a specific shared connection or geography) rather than mass-distributed.
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Smallest Grant
$10K
Median Grant
$26K
Average Grant
$35K
Largest Grant
$150K
Based on 20 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.
Across 80 tracked grants totaling $2,540,000, the average grant is $31,750; the foundation's own site-verified typical grant size (n=20) reports a median of $26,250, an average of $34,550, and a range of $10,000 to $150,000 — with $150,000 corresponding almost exactly to Baylor University's per-year allocation, suggesting that figure is close to the foundation's practical ceiling. At the low end, one-time grants of $5,000 went to Education to Employment and Associated Baptist Press. By dollar vo.
Prichard Family Foundation has distributed a total of $2.5M across 80 grants. The median grant size is $20K, with an average of $32K. Individual grants have ranged from $4K to $150K.
The Prichard Family Foundation is a tightly held family operation, not an institutional grantmaker with program staff. It was established in 1998 by Lev H. Prichard III and Ella Gayle Wall and is now run by the next generations: Lev H. Prichard IV (President), Margaret Elaine Prichard Fagan (Treasurer, and the foundation's de facto point of contact at pegfagan@aol.com), Craig Christina (VP), and directors Lev H. Prichard V, Evan Prichard, Leslie Fagan, and Elaine Fagan. Every officer and directo.
Prichard Family Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 6 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lev H Prichard Iv | PRESIDENT | $3K | $0 | $3K |
| Elaine Fagan | DIRECTOR | $3K | $0 | $3K |
| Lev H Prichard V | DIRECTOR | $3K | $0 | $3K |
| Margaret Elaine Prichard Fagan | TREASURER | $3K | $0 | $3K |
| Evan Prichard | DIRECTOR | $3K | $0 | $3K |
| Leslie Fagan | DIRECTOR | $3K | $0 | $3K |
| Craig Christina | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$728K
Total Assets
$9.6M
Fair Market Value
$12.5M
Net Worth
$9.6M
Grants Paid
$613K
Contributions
N/A
Net Investment Income
$478K
Distribution Amount
$616K
Total: $9M
Total Grants
80
Total Giving
$2.5M
Average Grant
$32K
Median Grant
$20K
Unique Recipients
27
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Church Of The Good ShepherdCHARITABLE | Corpus Christi, TX | $84K | 2023 |
| First Baptist ChurchCHARITABLE | Corpus Christi, TX | $20K | 2023 |
| Baylor UniversityCHARITABLE | Waco, TX | $150K | 2023 |
| Highland Park United MethodistCHARITABLE | Dallas, TX | $40K | 2023 |
| Frontiers Of Flight MuseumCHARITABLE | Dallas, TX | $37K | 2023 |
| Boys & Girls Club Of Corpus ChristiCHARITABLE | Corpus Christi, TX | $31K | 2023 |
| Nantucket Lighthouse School IncCHARITABLE | Nantucket, MA | $30K | 2023 |
| Foster Angels Of South TexasCHARITABLE | Corpus Christi, TX | $30K | 2023 |
| Driscoll Children'S HospitalCHARITABLE | Corpus Christi, TX | $25K | 2023 |
| University Of TexasCHARITABLE | Austin, TX | $20K | 2023 |
| Fellowship SouthwestCHARITABLE | Austin, TX | $20K | 2023 |
| Colonial WilliamsburgCHARITABLE | Williamsburg, VA | $20K | 2023 |
| Dallas Christian WomenCHARITABLE | Dallas, TX | $20K | 2023 |
| Coastal Bend CommunityCHARITABLE | Corpus Christi, TX | $15K | 2023 |
| Coastal Bend Food BankCHARITABLE | Corpus Christi, TX | $10K | 2023 |
| Citizens For Educational Excellence IncCHARITABLE | Corpus Christi, TX | $10K | 2023 |
| Aopa Foundation IncCHARITABLE | Frederick, MD | $10K | 2023 |
| Womens Shelter Of South TexasCHARITABLE | Corpus Christi, TX | $10K | 2023 |
| Southern Methodist UniversityCHARITABLE | Dallas, TX | $9K | 2023 |
| Camp AranzazuCHARITABLE | Rockport, TX | $8K | 2023 |
| Baptist Joint CommitteeCHARITABLE | Washington, DC | $5K | 2023 |
| Associated Baptist PressCHARITABLE | Jacksonville, FL | $5K | 2023 |
| St James Episcopal SchoolCHARITABLE | Corpus Christi, TX | $4K | 2023 |
| Art Musuem Of South Texas Endowment FundCHARITABLE | Corpus Christi, TX | $30K | 2022 |