Conely 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 $1.9M in total assets. In 2024, it awarded 12 grants totaling $125K. Net investment income was $80K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
-3.4% YoY
Annual Giving
$125K
+118.8% YoY
Grant Count
12
+500.0% YoY
Avg Grant Size
$10K
-63.5% YoY
Under IRS private-foundation payout rules, Conely Foundation reported a distributable amount of $121K for 2024 — the minimum it must pay out in qualifying distributions.
About Conely Foundation
Based on IRS filings
Conely 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 $1.9M in total assets. In 2024, it awarded 12 grants totaling $125K. Net investment income was $80K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,921,903 | $1,989,166 | $1,909,967 |
| Revenue | $107,966 | $165,262 | $139,635 |
| Expenses | $171,916 | $96,042 | $151,667 |
| Qualifying Distributions | $142,059 | $67,099 | $121,440 |
| Net Investment Income | $80,061 | $137,911 | $114,499 |
| Distributable Amount | $121,194 | $103,212 | $111,194 |
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
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Covenant House ($20,000), Ronald McDonald House Charities Greater Houston ($20,000), Houston Public Media ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| University of Houston Houston, TX | Scholarships | $9,000 |
| Carnegie Mellon University Pittsburg, PA | Scholarships | $2,469 |
| A&M University Prairie View Prairie View, TX | Scholarships | $7,500 |
| Tony's Place Houston, TX | General Funds: Community Assistance | $6,000 |
| Covenant House Houston, TX | General Funds: Services for homeless and runaway youth. | $20,000 |
| Buffalo Bayou Partnership Houston, TX | General Funds: BBP Kids Day | $5,000 |
| Chinquapin Preparatory School Highlands, TX | General Funds: General Operations | $10,000 |
| Barrio Dogs Houston, TX | General Funds: Spay & Neuring Services | $2,500 |
| Houston Humane Society Houston, TX | General Funds: General Operations | $5,000 |
| Ronald McDonald House Charities Greater Houston Houston, TX | General Funds: RMH Fun Run | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Conely Foundation?
Conely Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $1.9M in total assets as of 2024.
How large is Conely Foundation?
As of 2024, Conely Foundation holds $1.9M in total assets with $108K in annual revenue. It awarded 12 grants totaling $125K in 2024.
Where does Conely Foundation operate?
Conely Foundation has awarded grants in Pennsylvania, Texas.
What size grants does Conely Foundation award?
In 2024, Conely Foundation awarded 12 grants totaling $125K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Conely Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Conely Foundation reported a distributable amount of $121K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Conely Foundation's EIN?
Conely Foundation's EIN (Employer Identification Number) is 27-1555970. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Conely 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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