Castle Hills Schools Foundation Inc
Castle Hills Schools Foundation Inc is a private foundation based in Lewisville, Texas. Its 2025 filing reports grants for college scholarships and general use at schools, with all reported grant dollars going to Texas recipients.
Castle Hills Schools Foundation Inc at a glance
In short: Castle Hills Schools Foundation Inc gave $2.2M across 26 grants in 2025 (avg $83K), mostly in Texas. 12% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,153,705
- +37.0% vs 2024
- Grants made (2025)
- 26
- +0.0% vs 2024
- Average grant
- $82,835
- +37.0% vs 2024
- Median grant
- $17,500
- Total assets
- $10,831,497
- +10.5% vs 2024
- New grantees (estimate)
- 12% first-time grantees (3 of 25, 2025)
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Castle Hills Schools Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 4400 State Highway 121 900, Lewisville, TX 75056
Phone: (972) 410-6500
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Castle Hills Schools Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was 637 Individuals ($1.2M). Together the top 10 received $1.9M.
Grant Size Distribution
1,246 grants across all recorded years
The most common grant size was under $50K: 1,227 grants of 1,246 (98%).
Geographic Focus
Where this funder awards grants
All reported 2025 grant dollars went to recipients in Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 26 itemized grants.
Cities
Is Castle Hills Schools Foundation Inc open to new grantees?
12%
first-time grantees, 2025
In 2025, 3 of 25 grantees (12%) were first-time recipients. First grants averaged $6K; repeat grants $44K. How we count
Medians: $8K first-time, $19K repeat.
- 84% of 2025 grantees were also funded in 2024. Method
- Giving grew 51% from 2022 to 2025. Method
- In 2025 it paid out 432% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $1.4M (2021) to $2.2M (2025). In 2025 it made 26 grants totaling $2.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 637 Individuals Lewisville, TX | College Scholarships | $1,179,000 |
| Hebron High School Carrollton, TX | General Use | $173,555 |
| Hebron 9TH Grade Campus Carrollton, TX | General Use | $131,762 |
| Killian Middle School Lewisville, TX | General Use | $124,563 |
| Castle Hills Elementary School Lewisville, TX | General Use | $97,904 |
| Independence Elementary School Lewisville, TX | General Use | $91,915 |
| Prestonwood Christian Academy Plano, TX | General Use | $45,000 |
| Prince of Peace Christian School Carrollton, TX | General Use | $35,000 |
| Trinity Christian Academy Addison, TX | General Use | $35,000 |
| Memorial Elementary School Lewisville, TX | General Use | $30,506 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $10,831,497 | $2,482,141 | $2,261,794 | $2,153,705 | 26 | $2,173,084 | $326,850 | $502,851 |
| 2024 | $9,799,518 | $3,305,687 | $1,644,555 | $1,571,681 | 26 | $1,583,624 | $663,259 | $431,176 |
| 2023 | $8,002,554 | $1,614,263 | $1,570,768 | $1,503,600 | 24 | $1,510,749 | $150,514 | $376,701 |
| 2022 | $7,374,740 | $2,847,409 | $1,485,673 | $1,422,295 | 592 | $1,427,433 | $132,688 | $363,104 |
| 2021 | $6,800,607 | $2,465,474 | $1,423,086 | $1,374,743 | 578 | $1,380,166 | $512,972 | $309,662 |
| 2020 | $5,706,089 | $1,746,440 | $1,506,645 | $1,466,763 | 599 | — | $223,131 | $253,521 |
Under IRS private-foundation payout rules, Castle Hills Schools Foundation Inc reported a distributable amount of $503K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available sources do not state the foundation’s own mission. Its 2025 grants show support for individual college scholarships and for public and private schools. Among supported organizations, Prince of Peace Christian School describes its own mission as equipping students academically, physically, emotionally, and spiritually through a Christ-centered education. June Shelton School and Evaluation Center describes itself as serving and empowering students who learn differently. These are the grantees’ descriptions, not statements of the foundation’s mission.
Grantmaking
In 2025, the foundation reported 26 grants totaling $2,153,705. Grants ranged from $2,000 to $1,179,000, with a median of $17,500. The largest listed award was $1,179,000 to individual recipients for college scholarships. School grants included $173,555 to Hebron High School, $131,762 to Hebron 9th Grade Campus, $124,563 to Killian Middle School, and $97,904 to Castle Hills Elementary School, each for general use. Other listed awards included $45,000 to Prestonwood Christian Academy, $35,000 to Prince of Peace Christian School, and $27,500 to June Shelton School and Evaluation Center.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Mary Katerine Bearden as president and director; Virginia Koons as vice president and director; Parker Bright as treasurer and director; Harvey Bright as secretary and director; Justin Bright as assistant secretary and director; and Vicki Vaughn Fruge as director.
Castle Hills Schools Foundation Inc is led by Mary Katerine Bearden, President & Director since 2022 (on filings since 2020); none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mary Katerine Bearden
President & Director
President → President & Director, 2022
On filings since 2020
5 hrs/week
No compensation reported
Harvey R. Bright
Secretary & Director
Secretary → Secretary & Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Justin C. Bright
Assistant Secretary & Director
Assistant Secretary → Assistant Secretary & Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Parker M. Bright
Treasurer & Director
Treasurer → Treasurer & Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Vicki Vaughn Fruge
Director
On filings since 2020
10 hrs/week
No compensation reported
Virginia B. Koons
Vice President & Director
Vice President → Vice President & Director, 2022
On filings since 2020
2 hrs/week
No compensation reported
Former officers (1)
- Former: Stuart H. Bright (2020–2021) — Assistant Treasurer
Data from IRS Form 990 filings, 2020–2025. "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 Castle Hills Schools Foundation Inc
How much does Castle Hills Schools Foundation Inc give each year?
Castle Hills Schools Foundation Inc gave $2.2M across 26 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.6M across 26 grants.
What is Castle Hills Schools Foundation Inc's typical grant size?
Castle Hills Schools Foundation Inc's median grant in 2025 was $17,500, and its average grant was $82,835, across 26 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Castle Hills Schools Foundation Inc that year got $6K on average.
Where does Castle Hills Schools Foundation Inc give grants?
Castle Hills Schools Foundation Inc gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lewisville, TX (8 grants), Carrollton, TX (6 grants), Dallas, TX (4 grants) and Plano, TX (3 grants).
Does Castle Hills Schools Foundation Inc give general operating support?
Yes: 96% of Castle Hills Schools Foundation Inc's 2025 grants with a stated purpose (25 of 26) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Castle Hills Schools Foundation Inc's largest grantees?
Castle Hills Schools Foundation Inc's largest 2025 grantees include 637 Individuals ($1,179,000), Hebron High School ($173,555) and Hebron 9TH Grade Campus ($131,762), according to its 2025 IRS Form 990-PF. Together they received 69% of its itemized 2025 grant dollars.
How large is Castle Hills Schools Foundation Inc?
Castle Hills Schools Foundation Inc reported $10.8M in total assets on its 2025 IRS Form 990-PF. It paid out $2.2M in qualifying distributions that year, against a required minimum of $503K (roughly 5% of its investment assets).
What does Castle Hills Schools Foundation Inc fund?
The available sources do not state the foundation’s own mission. Its 2025 grants show support for individual college scholarships and for public and private schools. See mission & focus areas ↑
How do I apply for a grant from Castle Hills Schools Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Castle Hills Schools Foundation Inc's EIN?
Castle Hills Schools Foundation Inc's EIN (Employer Identification Number) is 75-2732689. IRS Form 990 filing data is available on this page for 2020–2025.
Does Castle Hills Schools Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 18, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 14, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Castle Hills Schools Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Castle Hills Schools Foundation Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/castle-hills-schools-foundation-inc-morg_c07fb6a317584bbcb1ea625b8260c7cb
BibTeX
@misc{grantable_752732689_2026,
author = {{Grantable}},
title = {{Castle Hills Schools Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/castle-hills-schools-foundation-inc-morg_c07fb6a317584bbcb1ea625b8260c7cb},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Castle Hills Schools Foundation Inc'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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