Castex Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.9M in total assets. In 2024, it awarded 3 grants totaling $354K. Net investment income was $250K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.9M
-1.3% YoY
Annual Giving
$354K
-72.8% YoY
Grant Count
3
-50.0% YoY
Avg Grant Size
$118K
-45.6% YoY
Under IRS private-foundation payout rules, Castex Foundation reported a distributable amount of $398K for 2024 — the minimum it must pay out in qualifying distributions.
About Castex Foundation
Based on IRS filings
Castex Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.9M in total assets. In 2024, it awarded 3 grants totaling $354K. Net investment income was $250K.
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 | $7,895,594 | $8,003,472 | $9,188,029 |
| Revenue | $328,609 | $181,066 | $272,438 |
| Expenses | $436,487 | $1,365,623 | $282,880 |
| Qualifying Distributions | $353,900 | $1,302,100 | $220,800 |
| Net Investment Income | $249,622 | $238,721 | $224,939 |
| Distributable Amount | $398,481 | $410,012 | $440,840 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Literacy Now ($338,400), Lifehouse of Houston ($10,500), Main Street Ministries ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Literacy Now Houston, TX | TO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | $338,400 |
| LIFEHOUSE OF HOUSTON HOUSTON, TX | TO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | $10,500 |
| MAIN STREET MINISTRIES HOUSTON, TX | TO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN R STOIKA | PRESIDENT | — | — |
| RONALD E RINARD | VICE PRESIDENT | — | — |
| LAURA P HOLEMAN | SECRETARY/TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Castex Foundation?
Castex Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $7.9M in total assets as of 2024.
How large is Castex Foundation?
As of 2024, Castex Foundation holds $7.9M in total assets with $329K in annual revenue. It awarded 3 grants totaling $354K in 2024.
Where does Castex Foundation operate?
Castex Foundation has awarded grants in Louisiana, Texas.
What size grants does Castex Foundation award?
In 2024, Castex Foundation awarded 3 grants totaling $354K — an average of about $118K per grant, based on its IRS Form 990 filings.
How much is Castex Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Castex Foundation reported a distributable amount of $398K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Castex Foundation's EIN?
Castex Foundation's EIN (Employer Identification Number) is 76-0699169. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Castex Foundation'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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