Billy and Ruby Hale Family Foundation
Billy and Ruby Hale Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $231K in total assets. In 2024, it awarded 4 grants totaling $15K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$231K
-4.7% YoY
Annual Giving
$15K
+1.6% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$4K
-23.8% YoY
Under IRS private-foundation payout rules, Billy and Ruby Hale Family Foundation reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Billy and Ruby Hale Family Foundation
Based on IRS filings
Billy and Ruby Hale Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $231K in total assets. In 2024, it awarded 4 grants totaling $15K. Net investment income was $2K.
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 | $231,216 | $242,563 | $241,404 |
| Revenue | $5,189 | $16,237 | $16,639 |
| Expenses | $16,650 | $16,844 | $16,259 |
| Qualifying Distributions | $15,753 | $15,702 | $15,309 |
| Net Investment Income | $1,672 | — | — |
| Distributable Amount | $16,079 | $15,939 | $15,569 |
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
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Living Water International ($5,000), Willian Marsh Rice University ($5,000), Sacred Story Ministries ($2,503).
| Recipient | Purpose | Amount |
|---|---|---|
| Bridge Trust USA Wheaton, IL | GENERAL CONTRIBUTION | $2,500 |
| Living Water International Stafford, TX | GENERAL CONTRIBUTION | $5,000 |
| Sacred Story Ministries Apex, NC | GENERAL CONTRIBUTION | $2,503 |
| Willian Marsh Rice University Houston, TX | GENERAL CONTRIBUTION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BILLY E HALE | PRESIDENT | 0.4 | — |
| RUBY L HALE | VICE PRES. | 0.2 | — |
| LISA A LATIMER | ASST SECY | 0.1 | — |
| CARRIE L BEAUCHAMP | ASST SECY | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Billy and Ruby Hale Family Foundation?
Billy and Ruby Hale Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $231K in total assets as of 2024.
How large is Billy and Ruby Hale Family Foundation?
As of 2024, Billy and Ruby Hale Family Foundation holds $231K in total assets with $5K in annual revenue. It awarded 4 grants totaling $15K in 2024.
Where does Billy and Ruby Hale Family Foundation operate?
Billy and Ruby Hale Family Foundation has awarded grants in Colorado, District of Columbia, Illinois, North Carolina, Texas, Virginia.
What size grants does Billy and Ruby Hale Family Foundation award?
In 2024, Billy and Ruby Hale Family Foundation awarded 4 grants totaling $15K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Billy and Ruby Hale Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Billy and Ruby Hale Family Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Billy and Ruby Hale Family Foundation's EIN?
Billy and Ruby Hale Family Foundation's EIN (Employer Identification Number) is 31-1781886. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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