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Specs Charitable Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 1997. The principal officer is Robert J Heisler. It holds total assets of $4.6M. Annual income is reported at $4.6M. Total assets have grown from $2M in 2011 to $4.6M in 2024. The foundation is governed by 4 officers and trustees. Vintage virtuoso - event to facilitate and encourage community involvement in supporting the education of school age children. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Grantmaking is concentrated in Texas. According to available records, Specs Charitable Foundation has made 16 grants totaling $5.6M, with a median grant of $335K. The foundation has distributed between $1.2M and $1.5M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.5M distributed across 5 grants. Individual grants have ranged from $551 to $776K, with an average award of $353K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$70K
Median Grant
$338K
Average Grant
$289K
Largest Grant
$409K
Based on 4 grants from the most recent 990-PF filing.
Vintage virtuoso - event to facilitate and encourage community involvement in supporting the education of school age children.
Expenses: $15K
Vintage virtuoso - event to facilitate and encourage community involvement in supporting the education of school age children. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in TX.
Specs Charitable Foundation has distributed a total of $5.6M across 16 grants. The median grant size is $335K, with an average of $353K. Individual grants have ranged from $551 to $776K.
Specs Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Specs Charitable Foundation is headquartered in HOUSTON, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John A Rydman | VICE PRES | $0 | $0 | N/A |
| Robert J Heisler | VICE PRES | $0 | $0 | N/A |
| Lisa R Key | SEC/TREAS. | $0 | $0 | N/A |
| Karen Lynn Rydman | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4.6M
Fair Market Value
N/A
Net Worth
$4.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$5.6M
Average Grant
$353K
Median Grant
$335K
Unique Recipients
6
Most Common Grant
$500K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Archdiocese Of GalvestonEDUCATIONAL PURPOSES | Houston, TX | $769K | 2023 |
| Houston Symphony OutreachEducational Purposes | Houston, TX | $500K | 2023 |
| University Of North Texas FoundationEducational Purposes | Denton, TX | $234K | 2023 |
| Texas Children'S HospitalEducational Purposes | Houston, TX | $10K | 2023 |
| U Of H Conrad Hilton SchoolEducational Purposes | Houston, TX | $85K | 2022 |
| Ukrainian American Cultural Club Of HoustonEducational Purposes | Houston, TX | $551 | 2022 |