Ed & Mary Heath Foundation

Private foundation · Grantmaker Tyler, TX EIN: 75-6021506

Ed & Mary Heath Foundation is a private foundation, based in Tyler, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 2 grants totaling $57K. Net investment income was $76K.

Key facts about Ed & Mary Heath Foundation

In short: Ed & Mary Heath Foundation gave $57K across 2 grants in 2024 (avg $29K), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN
75-6021506
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$57,070
Grants made (2024)
2
Average grant
$28,535
Median grant
$28,535
Total assets
$1,717,830
Primary geography
Texas (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-0.7% YoY

Annual Giving

$57K

-8.9% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$29K

-8.9% YoY

Under IRS private-foundation payout rules, Ed & Mary Heath Foundation reported a distributable amount of $78K for 2024 — the minimum it must pay out in qualifying distributions.

How Ed & Mary Heath Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−12%). Method
  • In 2024 it paid out 107% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $57K (2024) to $71K (2020). In 2024 it made 2 grants totaling $57K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
See Attached Schedule 1 Various, TXCommunity Service & Other$28,600
See Attached Schedule 1 Various, TXReligious$28,470

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,717,830$1,730,646$1,764,113
Revenue$103,105$89,987$96,477
Expenses$111,616$125,994$127,696
Qualifying Distributions$83,587$87,877$91,557
Net Investment Income$76,104$62,516$68,588
Distributable Amount$77,875$80,286$88,909

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

Ed & Mary Heath Foundation is led by Bobby Hicks, Chairman on every filing since 2020; 1 of 4 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Bobby Hicks

    Chairman

    On filings since 2020

    No compensation reported

  • Pike Wisner

    Director

    On filings since 2020

    No compensation reported

  • Charles H. White Jr.

    Vice Ch & Treasurer

    On filings since 2020

    8 hrs/week

    $13K (2020) → $13K (2024)

  • Jim Echols

    Secretary

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Scott Fossey (2020–2021) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Charles H White Jr — Vice ch & treas: $13KCharles H White JrVice ch & treas$13K

The highest reported compensation on the 2024 filing was $13K, to Charles H White Jr (Vice ch & treas).

Frequently asked questions about Ed & Mary Heath Foundation

How much does Ed & Mary Heath Foundation give each year?

Ed & Mary Heath Foundation gave $57K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $63K across 2 grants.

How large is Ed & Mary Heath Foundation?

Ed & Mary Heath Foundation reported $1.7M in total assets on its 2024 IRS Form 990-PF. It paid out $84K in qualifying distributions that year, against a required minimum of $78K (roughly 5% of its investment assets).

Where does Ed & Mary Heath Foundation operate?

Ed & Mary Heath Foundation has awarded grants in Texas.

What is Ed & Mary Heath Foundation's EIN?

Ed & Mary Heath Foundation's EIN (Employer Identification Number) is 75-6021506. IRS Form 990 filing data is available on this page for 2020–2024.

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

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