Coserv Charitable Foundation
The CoServ Charitable Foundation (CCF) is a 501(c)(3) public foundation established in 2004 and based in Corinth, Texas. The foundation is a subordinate organization under CoServ Electric, a cooperative electric utility serving North Texas. Since its inception, CCF has awarded over $20 million to nonprofit organizations and education foundations throughout North Texas and beyond.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$187K
-37.6% YoY
Annual Giving
$1.6M
+14.4% YoY
Grant Count
80
+5.3% YoY
Avg Grant Size
$20K
+8.7% YoY
Mission & Focus Areas
The CoServ Charitable Foundation set out to make a difference and improve lives in North Texas and beyond. The foundation has become a critical part of the North Texas nonprofit network, providing funds that help people when they need it most.
The foundation considers grants in three primary focus areas:
- Meeting Basic Human Needs — including food pantry support, utility bill assistance, and aid for individuals escaping human trafficking
- Community Vitality — supporting community projects and local nonprofits providing critical services
- Supporting Education — funding education foundations and educational initiatives
Grantmaking
In 2024, CCF awarded 171 grants totaling approximately $1.94 million:
Review Cycle
**Next Application Period:** April 7, 2026 – May 5, 2026
How to Apply
The foundation operates on a structured grant cycle:
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Geographic Focus
Where this funder awards grants
The foundation primarily serves the CoServ Service Area in North Texas, though grants have been awarded to organizations throughout North Texas and beyond.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Summary:
- Total Revenues: $1,926,285
- Total Expenses: $2,041,750
- Total Assets: $186,577
- Funds Raised: $1,829,969
2023 Financial Summary:
- Total Revenue: $1.8 million
- Total Expenses: $1.68 million
- Total Assets: $299,000
- Total Liabilities: $1,000
Historical Giving: Over $20 million awarded since 2004
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $186,577 | $298,993 | $179,130 |
| Revenue | $1,926,285 | $1,795,783 | $1,652,314 |
| Expenses | $2,041,750 | $1,676,920 | $1,844,132 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,070 | $5,551 | $325 |
| Distributable Amount | — | — | — |
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
245 grants across all recorded years
Open Grants
1 open opportunity from Coserv Charitable Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREG WARD | PRESIDENT | 1 | — |
| JEFFREY MCNEAL | VICE PRESIDENT | 1 | — |
| BRENT BISHOP | SECRETARY-TREASURER | 1 | — |
| DENISE SMITHERS | DIRECTOR | 1 | — |
| DYAN JAMES | DIRECTOR | 1 | — |
| PHILIP HASSEL | DIRECTOR | 3 | — |
| GARY FRANZEN | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported diverse initiatives across North Texas, including:
Equipment and technology grants for healthcare facilities (Cook Children's Hospital)
Support for volunteer-based organizations (CASA of Collin County)
Technology donations to nonprofits
Utility assistance programs in partnership with community organizations
CoServ Donation for Utility Assistance \u2013 Texoma Council of GovernmentsSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Coserv Charitable Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities