Castex Foundation

Private foundation · Grantmaker Houston, TX EIN: 76-0699169

Castex Foundation is a private foundation, 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.

Castex Foundation at a glance

In short: Castex Foundation gave $354K across 3 grants in 2024 (avg $118K), mostly in Texas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$353,900
-72.8% vs 2023
Grants made (2024)
3
-50.0% vs 2023
Average grant
$117,967
-45.6% vs 2023
Median grant
$10,500
Total assets
$7,895,594
-1.3% 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 Castex Foundation funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Literacy Now: $338KLiteracy Now$338KLifehouse of Houston: $11KLifehouse of Houston$11KMain Street Ministries: $5KMain Street Ministries$5K

The largest 2024 recipient was Literacy Now ($338K). Together the top 3 received $354K.

Grant Size Distribution

24 grants across all recorded years

16<$50K1$50–100K3$100–250K3$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 24 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

HoustonBroussardSpringTomball

How Castex Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−16%). Method
  • In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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$500K$1M$1.5M3 grants2020 7 grants2021 5 grants2022 6 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $221K (2022) to $1.3M (2023). In 2024 it made 3 grants totaling $354K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Literacy Now Houston, TXTo Support the Charitable Undertaking of the Donee$338,400
Lifehouse of Houston Houston, TXTo Support the Charitable Undertaking of the Donee$10,500
Main Street Ministries Houston, TXTo Support the Charitable Undertaking of the Donee$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$7,895,594$328,609$436,487$353,9003$353,900$249,622$398,481
2023$8,003,472$181,066$1,365,623$1,302,1006$1,302,100$238,721$410,012
2022$9,188,029$272,438$282,880$220,8005$220,800$224,939$440,840
2021$9,198,471$328,037$476,578$423,0507$423,050$276,959$480,480
2020$9,347,012$9,744$399,435$330,0003—$238,470$478,728

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.

Leadership & Key People

Officers and directors from IRS filings

Castex Foundation is led by John R. Stoika, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • John R. Stoika

    President

    On filings since 2020

    No compensation reported

  • Laura P. Holeman

    Secretary & Treasurer

    On filings since 2020

    No compensation reported

  • Ronald E. Rinard

    Vice President

    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 Castex Foundation

How much does Castex Foundation give each year?

Castex Foundation gave $354K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.3M across 6 grants.

What is Castex Foundation's typical grant size?

Castex Foundation's median grant in 2024 was $10,500, and its average grant was $117,967, across 3 grants on its 2024 IRS Form 990-PF.

Where does Castex Foundation give grants?

Castex Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Houston, TX (3 grants).

Does Castex Foundation give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on Castex Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support the Charitable Undertaking of the Donee" (3 grants).

How large is Castex Foundation?

Castex Foundation reported $7.9M in total assets on its 2024 IRS Form 990-PF. It paid out $354K in qualifying distributions that year, against a required minimum of $398K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

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.

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

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

Figures come from Castex Foundation'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.

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