Answered Prayers Foundation is a private foundation focused on Religion Related, based in HEMPHILL, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $67K in total assets. In 2024, it awarded 4 grants totaling $34K. Net investment income was $194.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$67K
+28.9% YoY
Annual Giving
$34K
+47.7% YoY
Grant Count
4
-33.3% YoY
Avg Grant Size
$9K
+121.6% YoY
Under IRS private-foundation payout rules, Answered Prayers Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Answered Prayers Foundation
Based on IRS filings
Answered Prayers Foundation is a private foundation focused on Religion Related, based in HEMPHILL, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $67K in total assets. In 2024, it awarded 4 grants totaling $34K. Net investment income was $194.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $66,588 | $51,676 | $75,190 |
| Revenue | $50,332 | $373 | $103,390 |
| Expenses | $35,410 | $23,885 | $30,700 |
| Qualifying Distributions | $34,222 | $23,163 | $28,194 |
| Net Investment Income | $194 | $331 | $158 |
| Distributable Amount | $1,949 | $3,634 | $1,420 |
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
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wayne Mack ($15,000), Austin Matherne ($8,000), Kyla Traverse Student ID 7847411 ($6,222).
| Recipient | Purpose | Amount |
|---|---|---|
| Kyla Traverse Student ID 7847411 Montgomery, TX | Education Funds at Community College | $6,222 |
| Austin Matherne Raceland, LA | MISSION TRIP | $8,000 |
| Herbert Green Lafayette, LA | Percussion School - Sponsor Kids | $5,000 |
| Wayne Mack Conroe, TX | Living Expenses-Jesus Loves Me Acct | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TROY J PATIN | Director | — | — |
| DEBORAH PATIN | Director | — | — |
| MICHAEL CASTRO | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Answered Prayers Foundation?
Answered Prayers Foundation is a private foundation focused on Religion Related, based in HEMPHILL, TX. It holds $67K in total assets as of 2024.
How large is Answered Prayers Foundation?
As of 2024, Answered Prayers Foundation holds $67K in total assets with $50K in annual revenue. It awarded 4 grants totaling $34K in 2024.
Where does Answered Prayers Foundation operate?
Answered Prayers Foundation has awarded grants in Louisiana, Mississippi, Nevada, Texas.
What size grants does Answered Prayers Foundation award?
In 2024, Answered Prayers Foundation awarded 4 grants totaling $34K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Answered Prayers Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Answered Prayers Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Answered Prayers Foundation's EIN?
Answered Prayers Foundation's EIN (Employer Identification Number) is 87-1804451. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Answered Prayers Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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