Ascent 121

Private foundation · Grantmaker Round Rock, TX EIN: 47-4969589

Ascent 121 is a private foundation, 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.

Ascent 121 at a glance

In short: Ascent 121 gave $87K across 2 grants in 2024 (avg $43K), mostly in Texas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$86,526
-8.9% vs 2023
Grants made (2024)
2
+0.0% vs 2023
Average grant
$43,263
-8.9% vs 2023
Median grant
$43,263
Total assets
$461,133
-19.7% vs 2023
Primary geography
Texas (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Ascent 121 funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Hope for Honduras Inc: $84KHope for Honduras Inc$84KSt Elias Orthodox Church: $3KSt Elias Orthodox Church$3K

The largest 2024 recipient was Hope for Honduras Inc ($84K). Together the top 2 received $87K.

Grant Size Distribution

7 grants across all recorded years

2<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 5 grants of 7 (71%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

SpringAustin

How Ascent 121 gives

  • Giving held roughly steady from 2021 to 2024 (+3%). Method
  • In 2024 it paid out 277% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grant2020 1 grant2021 1 grant2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $84K (2021) to $95K (2023). In 2024 it made 2 grants totaling $87K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Hope for Honduras Inc Spring, TXMedical Services & Meals$84,000
St Elias Orthodox Church Austin, TXGeneral Services$2,526
Your AI grants department

Ready to take the next step with Ascent 121?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$461,133$-21,626$91,159$86,5262$88,626$23,963$32,023
2023$573,918$29,037$95,389$95,0002$95,000$29,037$33,196
2022$640,270$-4,610$84,130$84,0001$84,000$26,248$36,187
2021$729,010$27,464$84,450$84,0001$84,000$27,464$37,977
2020$785,996$37,274$86,615$85,1001—$31,123$46,855

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.

Leadership & Key People

Officers and directors from IRS filings

Ascent 121 is led by Daniel S. Tyler, President, Treasurer & D on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Daniel S. Tyler

    President, Treasurer & D

    On filings since 2020

    No compensation reported

  • Darla D. Tyler

    Secretary & Director

    On filings since 2020

    No compensation reported

  • Jeffrie Thompson

    Director

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Ascent 121

How much does Ascent 121 give each year?

Ascent 121 gave $87K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $95K across 2 grants.

How large is Ascent 121?

Ascent 121 reported $461K in total assets on its 2024 IRS Form 990-PF. It paid out $89K in qualifying distributions that year, against a required minimum of $32K (roughly 5% of its investment assets).

Where does Ascent 121 operate?

Ascent 121 has awarded grants in Texas.

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Ascent 121's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Texas

Second Mountain Ministries

Spring, TX

Second mountain's mission is to support those who are vulnerable, marginalized or disenfranchised in the U.S. and internationally through rescue, relief, restoration, and development.

International, Foreign Affairs & National Security

Assets

$48K

Grants

2

Total Given

$89K

Roma Charitable Foundation

Seattle, WA

The foundation funds preselected charitable organizations, with recent grants supporting housing, job training, foster-care services, health, and other charitable activities. Its 2024 grants ranged from $4,000 to $303,186, with a median of $85,000, and went mostly to organizations in Washington and Oregon. It does not accept unsolicited funding requests.

Assets

$14.9M

Grants

19

Total Given

$2.3M

United Way Worldwide

Alexandria, VA

United Way Worldwide funds community programs focused on youth opportunity, health, financial security, education, and disaster relief, with 2024 grants made across multiple U.S. states and internationally. Its 209 reported grants ranged from $5,100 to $736,333, with a median of $22,675. It does not state whether it accepts unsolicited grant requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$68.0M

Grants

209

Total Given

$11.4M

Communities Foundation of Texas Inc

Dallas, TX

Communities Foundation of Texas funds a broad range of community needs, including health, education, housing, and community development, primarily in North Texas and across Texas. Its 2025 grants had a median of about $18,800, though amounts varied widely; nearly all opportunities are by invitation, with some specific programs open for applications.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.2B

Grants

2,209

Total Given

$209.2M

Greater Houston Community Foundation

Houston, TX

The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.

Assets

$1.1B

Grants

1,724

Total Given

$232.3M

Baker Hughes Foundation

Houston, TX

Philanthropy, Voluntarism & Grantmaking

Assets

$2.2M

Grants

990

Total Given

$3.2M

More similar funders

More Funders in Texas

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Ascent 121's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Ascent 121 down — hundreds of funders to go?

Want AI to do this for you?