Ascent 121 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROUND ROCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $461K in total assets. In 2024, it awarded 2 grants totaling $87K. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$461K
-19.7% YoY
Annual Giving
$87K
-8.9% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$43K
-8.9% YoY
Under IRS private-foundation payout rules, Ascent 121 reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.
About Ascent 121
Based on IRS filings
Ascent 121 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROUND ROCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $461K in total assets. In 2024, it awarded 2 grants totaling $87K. Net investment income was $24K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $461,133 | $573,918 | $640,270 |
| Revenue | $-21,626 | $29,037 | $-4,610 |
| Expenses | $91,159 | $95,389 | $84,130 |
| Qualifying Distributions | $88,626 | $95,000 | $84,000 |
| Net Investment Income | $23,963 | $29,037 | $26,248 |
| Distributable Amount | $32,023 | $33,196 | $36,187 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hope for Honduras Inc ($84,000), St Elias Orthodox Church ($2,526).
| Recipient | Purpose | Amount |
|---|---|---|
| HOPE FOR HONDURAS INC SPRING, TX | MEDICAL SERVICES & MEALS | $84,000 |
| ST ELIAS ORTHODOX CHURCH AUSTIN, TX | GENERAL SERVICES | $2,526 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL S TYLER | PRES/TREAS/D | — | — |
| DARLA D TYLER | SEC/DIR | — | — |
| JEFFRIE THOMPSON | DIR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ascent 121?
Ascent 121 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROUND ROCK, TX. It holds $461K in total assets as of 2024.
How large is Ascent 121?
As of 2024, Ascent 121 holds $461K in total assets with $-21,626 in annual revenue. It awarded 2 grants totaling $87K in 2024.
Where does Ascent 121 operate?
Ascent 121 has awarded grants in Texas.
What size grants does Ascent 121 award?
In 2024, Ascent 121 awarded 2 grants totaling $87K — an average of about $43K per grant, based on its IRS Form 990 filings.
How much is Ascent 121 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ascent 121 reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ascent 121's EIN?
Ascent 121's EIN (Employer Identification Number) is 47-4969589. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ascent 121'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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