Allsup Family Charitable Foundation
The Allsup Family Charitable Foundation is a private independent foundation based in Dallas, Texas (with Fort Worth listed as an alternate location). Established in 2019, it operates as a 501(c)(3) organization with tax-exempt status granted in November 2019. The foundation functions as a grantmaking entity focused on philanthropic giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$40.3M
-3.3% YoY
Annual Giving
$5.2M
-23.2% YoY
Grant Count
4
-60.0% YoY
Avg Grant Size
$1.3M
+92.1% YoY
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, its grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Arts, Culture & Humanities
Grantmaking
The foundation accepts applications.
Grant Range
$127,500–$275,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
Primary grantmaking focuses on Texas, New York, and New Mexico.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- 2024: $40,284,435
- 2023: $41,700,000
Revenue & Expenses (2024):
- Total revenues: $1,808,539
- Total expenses: $5,310,371
- Investment income and dividends: $1,660,582
Giving Rate: Approximately 16.1% of assets annually
Employees: 0 employees (foundation operations)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $40,284,435 | $41,656,061 | $48,791,972 |
| Revenue | $1,808,539 | $1,433,363 | $-314,891 |
| Expenses | $5,310,371 | $6,835,304 | $3,970,417 |
| Qualifying Distributions | $5,173,268 | $6,728,774 | $3,771,201 |
| Net Investment Income | $1,700,150 | $1,326,833 | $1,103,092 |
| Distributable Amount | $1,958,422 | $2,489,049 | $2,623,846 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Jessica A. Allsup, M.D. – President
- Barbara J. Allsup – Vice President
- Mark A. Allsup – Treasurer and Secretary
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JESSICA A ALLSUP MD | PRESIDENT | 1 | — |
| BARBARA J ALLSUP | VICE PRESIDENT | 1 | — |
| MARK A ALLSUP | TREASURER AND SECRETARY | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation made significant grants to educational institutions in 2024:
**Eastern New Mexico University Foundation** received a $2 million donation from the Allsup Family Charitable Foundation, announced in 2024.
Eastern New Mexico University Announces $2-Million-Dollar ...**Hardin-Simmons University** received a $2 million grant in 2024.
**Doctors Without Borders USA** received a $1 million grant in 2024.
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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