Charles Lela & Mary Slough Foundation
Charles Lela & Mary Slough Foundation is a private foundation focused on Education, based in RICHARDSON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 10 grants totaling $165K. Net investment income was $510K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+14.8% YoY
Annual Giving
$165K
+560.0% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$17K
+560.0% YoY
Under IRS private-foundation payout rules, Charles Lela & Mary Slough Foundation reported a distributable amount of $140K for 2024 — the minimum it must pay out in qualifying distributions.
About Charles Lela & Mary Slough Foundation
Based on IRS filings
Charles Lela & Mary Slough Foundation is a private foundation focused on Education, based in RICHARDSON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 10 grants totaling $165K. Net investment income was $510K.
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 | $2,898,593 | $2,523,961 | $2,526,246 |
| Revenue | $540,554 | $61,220 | $-63,290 |
| Expenses | $217,448 | $73,401 | $123,773 |
| Qualifying Distributions | $185,891 | $48,095 | $86,824 |
| Net Investment Income | $509,864 | $39,664 | $25,374 |
| Distributable Amount | $139,663 | $129,643 | $130,187 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Texas Austin ($36,000), Stanford University ($26,000), Harvard University ($26,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AVALOS YARED CO STANFORD UNIVERSITY STANFORD, CA | COLLEGE SCHOLARSHIP | $2,500 |
| STANFORD UNIVERSITY STANFORD, CA | COLLEGE SCHOLARSHIP | $26,000 |
| CAITLIN VELA MOTA CO UNIVERSITY OF AUSTIN, TX | COLLEGE SCHOLARSHIP | $2,500 |
| UNIVERSITY OF TEXAS AUSTIN AUSTIN, TX | COLLEGE SCHOLARSHIP | $36,000 |
| ELLIE GAO CO HARVARD UNIVERSITY CAMBRIDGE, MA | COLLEGE SCHOLARSHIP | $2,500 |
| HARVARD UNIVERSITY CAMBRIDGE, MA | COLLEGE SCHOLARSHIP | $26,000 |
| JACI DUTTON CO TEXAS AM UNIVERSITY COLLEGE STATION, TX | COLLEGE SCHOLARSHIP | $2,500 |
| TEXAS A&M UNIVERSITY COLLEGE STATION, TX | COLLEGE SCHOLARSHIP | $26,000 |
| MIDLAND COLLEGE MIDLAND, TX | COLLEGE SCHOLARSHIP | $21,000 |
| UNIVERSITY OF NORTH TEXAS DENTON, TX | COLLEGE SCHOLARSHIP | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $19,492 |
| AMERICAN NATIONAL BANK OF TEXAS | SUCCESSOR TRUSTEE | 1 | $21,607 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Charles Lela & Mary Slough Foundation?
Charles Lela & Mary Slough Foundation is a private foundation focused on Education, based in RICHARDSON, TX. It holds $2.9M in total assets as of 2024.
How large is Charles Lela & Mary Slough Foundation?
As of 2024, Charles Lela & Mary Slough Foundation holds $2.9M in total assets with $541K in annual revenue. It awarded 10 grants totaling $165K in 2024.
Where does Charles Lela & Mary Slough Foundation operate?
Charles Lela & Mary Slough Foundation has awarded grants in California, Massachusetts, Maryland, New York, Oklahoma, Texas.
What size grants does Charles Lela & Mary Slough Foundation award?
In 2024, Charles Lela & Mary Slough Foundation awarded 10 grants totaling $165K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Charles Lela & Mary Slough Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles Lela & Mary Slough Foundation reported a distributable amount of $140K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charles Lela & Mary Slough Foundation's EIN?
Charles Lela & Mary Slough Foundation's EIN (Employer Identification Number) is 91-1997459. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Charles Lela & Mary Slough 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.