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Summit Foundation is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 2019. The principal officer is Dan Hansen. It holds total assets of $3K. Annual income is reported at $7K. Total assets have grown from $2K in 2019 to $3K in 2024. 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 2020 to 2024. Grantmaking is concentrated in Texas. According to available records, Summit Foundation has made 10 grants totaling $20K, with a median grant of $2K. Annual giving has decreased from $10K in 2020 to $4K in 2023. Individual grants have ranged from $255 to $4K, with an average award of $2K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$255
Median Grant
$500
Average Grant
$2K
Largest Grant
$4K
Based on 3 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.
Summit Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in TX.
Summit Foundation has distributed a total of $20K across 10 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $255 to $4K.
Summit Foundation typically selects its grantees rather than accepting unsolicited proposals.
Summit Foundation is headquartered in AUSTIN, TX.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
N/A
Total Assets
$3K
Fair Market Value
N/A
Net Worth
$3K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
10
Total Giving
$20K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
8
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Partnerships For ChildrenService project to create storage for instruments used in mentorship program for foster kids | Austin, TX | $4K | 2023 |
| Feed My Starving Childrendirect donation to charitable organization | Richardson, TX | $1K | 2022 |
| The Safe AlliancePurchase of hygiene kits materials | Austin, TX | $4K | 2021 |
| Feeding Americadirect donation to aid in charitable cause | Austin, TX | $500 | 2021 |
| Boy Scouts Of Americadonation to auction event | Austin, TX | $255 | 2021 |
| Variety Childrens Charity Of TexasDonation to improve garden facilities to aid in educational activities for visiting campers | Austin, TX | $3K | 2020 |
| American Heart AssociationDirect Donation to be used to further charitable endeavors | Dallas, TX | $3K | 2020 |
| Central Texas Food BankDonation to provide food to those in need during the pandemic | Austin, TX | $3K | 2020 |