Alice Taylor Gray Foundation

Foundation · Grantmaker GALVESTON, TX EIN: 76-6137958

Alice Taylor Gray Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GALVESTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 25 grants totaling $68K. Net investment income was $103K.

Key facts about Alice Taylor Gray Foundation

EIN: 76-6137958
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $68,000
Grants made (2024): 25
Average grant: $2,720
Median grant: $2,500
New grantees (estimate): 16% first-time grantees (4 of 25, 2024)
Total assets: $1,056,832
Primary geography: Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Alice Taylor Gray Foundation funds

By grant dollars, the top recipient states for Alice Taylor Gray Foundation's 25 itemized 2024 grants were Texas (100%). The most frequent recipient cities were Houston, TX (9 grants), Galveston, TX (8 grants), La Grange, TX (3 grants) and Austin, TX (2 grants). 100% of grants with a stated purpose were for general or operating support.

Is Alice Taylor Gray Foundation open to new grantees?

16%

first-time grantees, 2024

In 2024, 4 of 25 grantees (16%) were first-time recipients. First grants averaged $2K; repeat grants $3K. How we count

Medians: $2K first-time, $3K repeat.

64% of 2024 grantees were also funded in 2023. Method
Giving held roughly steady from 2021 to 2024 (+17%). Method
In 2024 it paid out 132% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+1.8% YoY

Annual Giving

$68K

+138.6% YoY

Grant Count

+47.1% YoY

Avg Grant Size

$3K

+62.2% YoY

Under IRS private-foundation payout rules, Alice Taylor Gray Foundation reported a distributable amount of $60K for 2024 — the minimum it must pay out in qualifying distributions.

About Alice Taylor Gray Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $68K (100%)

Share of all 25 itemized 2024 grant dollars.

States

California Texas

Cities

GalvestonHoustonAustinLa GrangeRound TopAlvinBay CityFayettevilleSugar LandBellvilleLos AngelesSanta Fe

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,056,832	$1,038,503	$1,029,039
Revenue	$107,015	$62,582	$43,758
Expenses	$88,704	$53,118	$43,820
Qualifying Distributions	$79,939	$43,375	$32,159
Net Investment Income	$103,183	$58,044	$33,857
Distributable Amount	$60,343	$54,285	$55,762

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

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

98 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include The James Dick Foundation ($6,000), Bach Society at Christ the King Evangelical Lutheran Church ($5,000), Main Street Theater ($5,000).

Recipient	Purpose	Amount
THE JAMES DICK FOUNDATION ROUND TOP, TX	GENERAL SUPPORT	$6,000
BACH SOCIETY AT CHRIST THE KING EVANGELICAL LUTHERAN CHURCH HOUSTON, TX	GENERAL SUPPORT	$5,000
MAIN STREET THEATER HOUSTON, TX	GENERAL SUPPORT	$5,000
4TH WALL THEATRE COMPANY HOUSTON, TX	GENERAL SUPPORT	$4,500
JENNIS RESCUE RANCH ALVIN, TX	GENERAL SUPPORT	$4,000
THE ROSENBERG LIBRARY ASSOCIATION GALVESTON, TX	GENERAL SUPPORT	$4,000
MIDSHIPMANS FOUNDATION AUSTIN, TX	GENERAL SUPPORT	$3,500
1894 INC GALVESTON, TX	GENERAL SUPPORT	$3,000
GALVESTON ARTS CENTER GALVESTON, TX	GENERAL SUPPORT	$3,000
GALVESTON HISTORICAL FOUNDATION GALVESTON, TX	GENERAL SUPPORT	$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Frost Bank	Trustee	1	$15,869
Rodney C Koenig	Trustee	1	$3,500

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Alice Taylor Gray Foundation?

Alice Taylor Gray Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GALVESTON, TX. It holds $1.1M in total assets as of 2024.

How large is Alice Taylor Gray Foundation?

As of 2024, Alice Taylor Gray Foundation holds $1.1M in total assets with $107K in annual revenue. It awarded 25 grants totaling $68K in 2024.

Where does Alice Taylor Gray Foundation operate?

Alice Taylor Gray Foundation has awarded grants in California, Texas.

What size grants does Alice Taylor Gray Foundation award?

In 2024, Alice Taylor Gray Foundation awarded 25 grants totaling $68K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Alice Taylor Gray Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alice Taylor Gray Foundation reported a distributable amount of $60K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.