AI and Manet Schepps Foundation
The AI and Manet Schepps Foundation is a private family foundation established in 1962 and based in Bellaire, Texas. The foundation operates as a 501(c)(3) tax-exempt organization dedicated to grantmaking in select focus areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.1M
-3.4% YoY
Annual Giving
$326K
+72.6% YoY
Grant Count
45
+9.8% YoY
Avg Grant Size
$7K
+57.2% YoY
Under IRS private-foundation payout rules, AI and Manet Schepps Foundation reported a distributable amount of $357K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation primarily directs grants to organizations in Texas, New York, and North Carolina.
Average Grant
amount and median grant amount data are available through detailed financial analysis
Ready to take the next step with AI and Manet Schepps Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $6,067,307 to $6.28M
- Revenue: $85,900
- Expenses: $440,000
- Total liabilities: $16,600
The foundation maintains a substantial asset base relative to its annual giving, indicating a long-term grantmaking capacity.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,067,307 | $6,283,025 | $6,894,946 |
| Revenue | $394,121 | $85,852 | $-60,014 |
| Expenses | $572,897 | $440,222 | $562,559 |
| Qualifying Distributions | $429,757 | $293,984 | $416,699 |
| Net Investment Income | $254,519 | $14,222 | $11,807 |
| Distributable Amount | $357,022 | $336,626 | $348,882 |
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
208 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include the hillel at texas am ($86,680), national world war II museum ($51,000), jewish community center ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| bellaire police fire foundation houston, TX | Unrestricted Operating Funds | $500 |
| congregation beth yeshurun houston, TX | Unrestricted Operating Funds | $28,954 |
| congregation b'nai israel galveston, TX | Unrestricted Operating Funds | $3,000 |
| congregation emanu el houston, TX | Unrestricted Operating Funds | $13,600 |
| holocaust museum houston houston, TX | Unrestricted Operating Funds | $250 |
| houston food bank houston, TX | Unrestricted Operating Funds | $1,026 |
| houston hillel houston, TX | Unrestricted Operating Funds | $5,000 |
| jewish family service houston, TX | Unrestricted Operating Funds | $1,040 |
| seven acres jewish senior care serv houston, TX | Unrestricted Operating Funds | $5,000 |
| texas childrens hospital houston, TX | Unrestricted Operating Funds | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Nancy S Brand | President | 35 | $120,900 |
| Gilda Sprung | Director | 2 | $1,000 |
| Jennifer Stockel | Director | 2 | $1,000 |
Contact Information
Address: 5233 Bellaire Blvd # 434 Bellaire, TX 77401-3901 United States
Phone: 713-249-0239
EIN: 74-6050262
Frequently Asked Questions
What does AI and Manet Schepps Foundation fund?
The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from AI and Manet Schepps Foundation?
**Grant Activity:** • Total giving: $325,906 (based on most recent IRS filing) • Typical grant awards range from $50 to $90,822 • Average grant amount and median grant amount data are available through detailed financial analysis **Geographic Scope:** The foundation primarily directs grants to organizations in Texas, New York, and North Carolina.
What size grants does AI and Manet Schepps Foundation award?
In 2024, AI and Manet Schepps Foundation awarded 45 grants totaling $326K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is AI and Manet Schepps Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, AI and Manet Schepps Foundation reported a distributable amount of $357K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is AI and Manet Schepps Foundation's EIN?
AI and Manet Schepps Foundation's EIN (Employer Identification Number) is 74-6050262. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in AI and Manet Schepps Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Crystelle Waggoner Charitable Trust
DALLAS, TX
Assets
$13.5M
Grants
41
Total Given
$3.9M
Nelson & Debbie Fox Charitable Fdtn
LUBBOCK, TX
Assets
$329K
Grants
9
Total Given
$90K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with AI and Manet Schepps Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching AI and Manet Schepps Foundation to a real strategy.