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The Usaa Foundation Inc. is a private corporation based in SAN ANTONIO, TX. The foundation received its IRS ruling in 2005. The principal officer is Duke Nave Cpa Cgma. It holds total assets of $130.2M. Annual income is reported at $34.5M. The foundation is governed by 11 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 2020 to 2023. According to available records, The Usaa Foundation Inc. has made 4 grants totaling $36.8M, with a median grant of $7.4M. The foundation has distributed between $6.9M and $15.1M annually from 2020 to 2022. Individual grants have ranged from $6.9M to $15.1M, with an average award of $9.2M. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
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.
The Usaa Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TX.
The Usaa Foundation Inc. has distributed a total of $36.8M across 4 grants. The median grant size is $7.4M, with an average of $9.2M. Individual grants have ranged from $6.9M to $15.1M.
The Usaa Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is THE 2020 GRANT APPLICATION PERIOD IS CLOSED. FOR 2021, APPLICATIONS WILL BE ACCEPTED: APR. 1 THROUGH. See attachment 9: "usaa giving criteria".
The Usaa Foundation Inc. is headquartered in SAN ANTONIO, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lindsey O'Neill | Director/PRESIDENT | $0 | $0 | N/A |
| Justin D Schmitt | Assistant Vice President | $0 | $0 | N/A |
| Doug Monska | Tax Officer | $0 | $0 | N/A |
| Melinda Blundell | SECRETARY END: 03/2023 | $0 | $0 | N/A |
| Celie Niehaus | Director | $0 | $0 | N/A |
| Suzanne Friday | SECRETARY START: 03/2023 | $0 | $0 | N/A |
| Ameesh Vakharia | CHAIR | $0 | $0 | N/A |
| Brad Weber | TREASURER | $0 | $0 | N/A |
| David Cummings | DIRECTOR | $0 | $0 | N/A |
| Dana A Simmons | DIRECTOR | $0 | $0 | N/A |
| Mary Stork | DIRECTOR | $0 | $0 | N/A |
Total Giving
$8.1M
Total Assets
$116M
Fair Market Value
$148M
Net Worth
$116M
Grants Paid
$8M
Contributions
N/A
Net Investment Income
$8.4M
Distribution Amount
$6.9M
Total: N/A
Total Grants
4
Total Giving
$36.8M
Average Grant
$9.2M
Median Grant
$7.4M
Unique Recipients
1
Most Common Grant
$7.4M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various OrganizationsSee Charity Attachment | Various, TX | $7.4M | 2022 |