Black Family Foundation

Foundation · Grantmaker Horseshoe Bay, TX EIN: 06-6463395

Black Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Horseshoe Bay, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 8 grants totaling $45K. Net investment income was $36K.

Key facts about Black Family Foundation

EIN: 06-6463395
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $45,000
Grants made (2024): 8
Average grant: $5,625
Median grant: $5,000
Total assets: $1,032,278
Primary geography: Texas (94% of itemized 2024 grant dollars)

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

Who Black Family Foundation funds

By grant dollars, the top recipient states for Black Family Foundation's 8 itemized 2024 grants were Texas (94%) and New York (6%). The most frequent recipient cities were Dallas, TX (2 grants). None of its 8 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (8 grants).

How Black Family Foundation gives

In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with Black Family Foundation

How to evaluate Black Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Black Family Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+1.8% YoY

Annual Giving

$45K

-19.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

-19.4% YoY

Under IRS private-foundation payout rules, Black Family Foundation reported a distributable amount of $60K for 2024 — the minimum it must pay out in qualifying distributions.

About Black Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with Black Family Foundation?

Assess fit for your org Draft an LOI Find open RFPs

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

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $43K (94%)

New York $3K (6%)

Share of all 8 itemized 2024 grant dollars.

States

Colorado New York Tennessee Texas

Cities

DallasMarble FallsAbileneAustinRound MountainBurnetCollege StationHorseshoe BayColorado SpringsFredericksburgJohnson CityKilleenKingslandLubbockMemphisStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,032,278	$1,014,284	$1,053,976
Revenue	$79,506	$31,540	$30,457
Expenses	$61,571	$71,476	$46,155
Qualifying Distributions	$60,096	$69,935	$44,713
Net Investment Income	$35,502	$31,216	$28,207
Distributable Amount	$59,817	$55,258	$56,404

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

35 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Forest Hills Security Program ($10,000), Marble Falls Church of Christ ($10,000), Round Mountain VFD ($5,500).

Recipient	Purpose	Amount
FOREST HILLS SECURITY PROGRAM Dallas, TX	CHARITABLE	$10,000
MARBLE FALLS CHURCH OF CHRIST Marble Falls, TX	CHARITABLE	$10,000
ROUND MOUNTAIN VFD Round Mountain, TX	CHARITABLE	$5,500
NEW HORIZONS RANCH & CENTER INC Abilene, TX	CHARITABLE	$5,000
BOYS & GIRLS CLUB Austin, TX	CHARITABLE	$5,000
PHOENIX CENTER Horseshoe Bay, TX	CHARITABLE	$5,000
TUNNEL TO TOWERS FOUNDATION Staten Island, NY	CHARITABLE	$2,500
WHITE ROCK LAKE CONSERVANCY Dallas, TX	CHARITABLE	$2,000

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

Name	Title	Hours	Compensation
Billie K Black	President	—	—
Kevin Robert Black	Vice Preside	—	—
Susan Black Handley	Vice Preside	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Black Family Foundation?

Black Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Horseshoe Bay, TX. It holds $1.0M in total assets as of 2024.

How large is Black Family Foundation?

As of 2024, Black Family Foundation holds $1.0M in total assets with $80K in annual revenue. It awarded 8 grants totaling $45K in 2024.

Where does Black Family Foundation operate?

Black Family Foundation has awarded grants in Colorado, New York, Tennessee, Texas.

What size grants does Black Family Foundation award?

In 2024, Black Family Foundation awarded 8 grants totaling $45K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Black Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Black Family Foundation reported a distributable amount of $60K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.