Bestow

Foundation · Grantmaker Austin, TX EIN: 83-2734996

Bestow is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Austin, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $541K in total assets. In 2024, it awarded 3 grants totaling $2K. Net investment income was $8K.

Key facts about Bestow

EIN
83-2734996
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,472
Grants made (2024)
3
Average grant
$824
Median grant
$1,030
Total assets
$540,565
Primary geography
Texas (100% of itemized 2024 grant dollars)

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

Who Bestow funds

By grant dollars, the top recipient states for Bestow's 3 itemized 2024 grants were Texas (100%). The most frequent recipient cities were Austin, TX (3 grants). None of its 3 grants with a stated purpose were described as general or operating support. Recurring purposes include "Donation" (3 grants).

How Bestow gives

  • In 2024 it paid out 164% of its IRS minimum distribution (the 5% rule). Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$541K

+36.3% YoY

Annual Giving

$2K

Grant Count

3

Avg Grant Size

$824

Under IRS private-foundation payout rules, Bestow reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

About Bestow

Based on IRS filings

Bestow is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Austin, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $541K in total assets. In 2024, it awarded 3 grants totaling $2K. Net investment income was $8K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2024 grant dollars.

States

Cities

AustinSugar Land

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$59K$118K$177K$237K20202021202220232024
Metric202420232022
Total Assets$540,565$396,609$193,076
Revenue$168,967$215,000$11,365
Expenses$25,011$11,467$7,489
Qualifying Distributions$25,011$11,467$7,489
Net Investment Income$7,563$2,921—
Distributable Amount$15,234$10,514—

Data update history

When this profile's IRS filing data changed on Grantable

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

Giving Over Time

Total grant dollars and number of grants per year

$0$618$1K$2K$2K1 grants20200 grants20210 grants20220 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Austin Community College: $1KAustin Community College$1KMcNeil Band Booster: $1KMcNeil Band Booster$1KMurugan Temple of Central Texas: $192Murugan Temple of CentralTexas$192

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Austin Community College ($1,250), McNeil Band Booster ($1,030), Murugan Temple of Central Texas ($192).

RecipientPurposeAmount
AUSTIN COMMUNITY COLLEGE Austin, TXDONATION$1,250
MCNEIL BAND BOOSTER Austin, TXDONATION$1,030
MURUGAN TEMPLE OF CENTRAL TEXAS Austin, TXDONATION$192

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Vijayakumar BalasundaramTrustee1—
Lalithe Lux VetrivelTrustee1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bestow?

Bestow is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Austin, TX. It holds $541K in total assets as of 2024.

How large is Bestow?

As of 2024, Bestow holds $541K in total assets with $169K in annual revenue. It awarded 3 grants totaling $2K in 2024.

Where does Bestow operate?

Bestow has awarded grants in Texas.

What size grants does Bestow award?

In 2024, Bestow awarded 3 grants totaling $2K — an average of about $824 per grant, based on its IRS Form 990 filings.

How much is Bestow required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bestow reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bestow's EIN?

Bestow's EIN (Employer Identification Number) is 83-2734996. IRS Form 990 filing data is available on this page for 2020–2024.

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

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