A S Genecov Foundation
The A.S. Genecov Foundation is a private foundation established in 1955 by company founder Aleck Genecov and his wife Hilda. Based in Tyler, Texas, the foundation has been tax-exempt since May 1958 and operates as a 501(c)(3) organization. Since its inception, the foundation has donated millions to over one hundred philanthropic causes throughout East Texas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.6M
+6.9% YoY
Annual Giving
$621K
+26.0% YoY
Grant Count
74
+10.4% YoY
Avg Grant Size
$8K
+14.1% YoY
Under IRS private-foundation payout rules, A S Genecov Foundation reported a distributable amount of $364K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission centers on investing in the people and community of East Texas. Primary funding areas include:
- Public service organizations
- Support for the aged
- Education
- The arts
- Scholarships
Grantmaking
Grant requests should be submitted in the form of a letter stating the request along with any program details and needs. The foundation awards grants to programs that aid the community.
Grant Range
Median of $3,000 to maximum of $104,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations and projects in East Texas, with a particular emphasis on the Tyler area and surrounding region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $7,131,718
- Total Revenue: $705,791
- Total Expenses: $536,976
- Total Liabilities: $0
- Net Income: $168
Staffing: The foundation operates with zero employees on staff.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,623,472 | $7,131,718 | $6,997,648 |
| Revenue | $1,154,950 | $705,791 | $2,742,546 |
| Expenses | $669,278 | $536,976 | $526,779 |
| Qualifying Distributions | $621,000 | $494,854 | $447,560 |
| Net Investment Income | $1,099,398 | $657,786 | $2,686,720 |
| Distributable Amount | $364,221 | $366,724 | $362,346 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Congregation Beth El ($55,000), Discovery Science Place ($51,500), Starbrite Therapeutic Equestrian Center ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S ALLIANCE TYLER, TX | PUBLIC SERVICE | $6,500 |
| AMERICAN HEART ASSOCIATION DALLAS, TX | PUBLIC SERVICE | $5,000 |
| AMERICAN RED CROSS BOONE, IA | PUBLIC SERVICE | $6,000 |
| ARC OF SMITH COUNTY TYLER, TX | PUBLIC SERVICE | $1,000 |
| AZLEWAY INCORPORATED TYLER, TX | PUBLIC SERVICE | $5,000 |
| B'NAI B'RITH INTERNATIONAL WASHINGTON, DC | PUBLIC SERVICE | $200 |
| BETHESDA HEALTH CLINIC TYLER, TX | PUBLIC SERVICE | $9,500 |
| BRECKENRIDGE VILLAGE TYLER, TX | PUBLIC SERVICE | $3,500 |
| CASA FOR KIDS TYLER, TX | PUBLIC SERVICE | $5,300 |
| CHAMPIONS FOR CHILDREN TYLER, TX | PUBLIC SERVICE | $8,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Raymond McKinney – Manager
- Terry M. Darryl – Manager
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAYMOND MCKINNEY | MANAGER | 1 | — |
| TERRY M DARRYL | MANAGER | 1 | — |
Frequently Asked Questions
What does A S Genecov Foundation fund?
The foundation's mission centers on investing in the people and community of East Texas. Primary funding areas include: • Public service organizations • Support for the aged • Education • The arts • Scholarships
How do I apply for a grant from A S Genecov Foundation?
**Grant Activity:** • Made 63 grants in 2023 • Total giving in 2023: $492,940 • Grant range: Median of $3,000 to maximum of $104,000 **Recent Notable Grants (2023):** • Kourage Health: $104,000 (Public Service) • Tyler Economic Development Council: $25,000 (Public Service) • Tyler Museum of Art: $22,500 (Support of the Arts) **Application Process:** Grant requests should be submitted in the form of a letter stating the request along with any program details and needs. The foundation awards gran…
Where does A S Genecov Foundation make grants?
The foundation primarily funds organizations and projects in East Texas, with a particular emphasis on the Tyler area and surrounding region.
What size grants does A S Genecov Foundation award?
In 2024, A S Genecov Foundation awarded 74 grants totaling $621K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is A S Genecov Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, A S Genecov Foundation reported a distributable amount of $364K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is A S Genecov Foundation's EIN?
A S Genecov Foundation's EIN (Employer Identification Number) is 75-6023698. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in A S Genecov Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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