A S Genecov Foundation

Foundation · Grantmaker TYLER, TX EIN: 75-6023698 Website

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

+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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

Texas $1.4M (89%)

New York $79K (5%)

District of Columbia $70K (5%)

Illinois $10K (1%)

Louisiana $9K (1%)

Iowa $6K (0%)

Tennessee $3K (0%)

Wisconsin $250 (0%)

+3 more states

States

California District of Columbia Florida Iowa Illinois Louisiana New York Tennessee Texas Virginia Wisconsin

Cities

AllenBooneBrucevilleBullardChicagoDallasFairfaxFranklinGolden MeadowHoustonJacksonvilleKerrvilleLake CharlesLongviewLos AngelesMadisonMemphisMetairieNacogdochesNew York

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.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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.