Citizens Medical Foundation

Foundation · Grantmaker Victoria, TX EIN: 74-2505000

Citizens Medical Foundation is a private foundation, based in Victoria, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $114K in total assets. In 2024, it awarded 1 grant totaling $100K. Net investment income was $4K.

Key facts about Citizens Medical Foundation

EIN
74-2505000
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$100,000
Grants made (2024)
1
Average grant
$100,000
Median grant
$100,000
Total assets
$113,647
Primary geography
Texas (100% of itemized 2024 grant dollars)

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

How Citizens Medical Foundation gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

Next steps with Citizens Medical Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$114K

-27.8% YoY

Annual Giving

$100K

Grant Count

1

Avg Grant Size

$100K

Under IRS private-foundation payout rules, Citizens Medical Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

About Citizens Medical Foundation

Based on IRS filings

Citizens Medical Foundation is a private foundation, based in Victoria, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $114K in total assets. In 2024, it awarded 1 grant totaling $100K. Net investment income was $4K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Victoria

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$55K$83K$110K20202021202220232024
Metric202420232022
Total Assets$113,647$157,439$150,105
Revenue$56,400$7,567$10,498
Expenses$100,229$199$359
Qualifying Distributions$100,000——
Net Investment Income$3,905$1,194$3,582
Distributable Amount$9,331$7,752$7,331

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K0 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Citizens Medical Center: $100KCitizens Medical Center$100K

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Citizens Medical Center ($100,000).

RecipientPurposeAmount
CITIZENS MEDICAL CENTER Victoria, TXOPERATIONS & CAPITAL ACQUISITIONS$100,000

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

NameTitleHoursCompensation
Duane L Woods JrDirector/Pre——
Michael R OlsonDirector/Sec——
Sammie Sue HendrixDirector/Tre——

Frequently Asked Questions

How large is Citizens Medical Foundation?

As of 2024, Citizens Medical Foundation holds $114K in total assets with $56K in annual revenue. It awarded 1 grant totaling $100K in 2024.

Where does Citizens Medical Foundation operate?

Citizens Medical Foundation has awarded grants in Texas.

What size grants does Citizens Medical Foundation award?

In 2024, Citizens Medical Foundation awarded 1 grant totaling $100K — an average of about $100K per grant, based on its IRS Form 990 filings.

How much is Citizens Medical Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Citizens Medical Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Citizens Medical Foundation's EIN?

Citizens Medical Foundation's EIN (Employer Identification Number) is 74-2505000. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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