Ed Foundation

JOHNSON CITY, TX EIN: 74-2804730

ED Foundation is a private grantmaking foundation based in Johnson City, Texas. Established in March 1997, it operates as a 501(c)(3) organization designated for philanthropic and grantmaking purposes. The foundation functions as a family foundation with a focus on general support funding across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$100.3M

+14.3% YoY

Annual Giving

$4.3M

+8.8% YoY

Grant Count

19

+0.0% YoY

Avg Grant Size

$227K

+8.8% YoY

Under IRS private-foundation payout rules, Ed Foundation reported a distributable amount of $3.0M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

ED Foundation primarily funds general support initiatives. Its grantmaking focuses on education, philanthropy and voluntarism, and human services. The foundation has demonstrated particular interest in higher education and support for first responders.

Grantmaking

The foundation made 11 additional grants in 2024 beyond those listed above.

Grant Range

$227,000

Average Grant

$227,000

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Geographic Focus

Where this funder awards grants

ED Foundation's grantmaking extends primarily across Texas, Virginia, and New York.

Grant Distribution by State

16states
+8 more states

Cities

AlexandriaArlingtonAspenAtlantaAustinBlancoBoiseCarmelCharlotteColorado SpringsDripping SpringsDurhamGlenwood SpringsGrand RapidsHoustonJohnson CityLandsdowneLas VegasLos AngelesMarble Falls

Financial History

Multi-year comparison from IRS filings

2024 Financial Position

  • Total Assets: $100,272,321 (+14.3% year-over-year)
  • Total Revenue: $16,395,212
  • Total Expenses: $4,944,540
  • Net Investment Income: $16,314,361
  • Qualifying Distributions: $4,338,689
  • Total Liabilities: $0

Multi-Year Comparison

Metric 2024 2023 2022
Total Assets $100,272,321 $87,717,233 $91,266,206
Revenue $16,395,212 $86,964 $535,658
Expenses $4,944,540 $4,101,756 $4,324,820
Qualifying Distributions $4,338,689 $3,973,182 $4,228,116

The foundation has demonstrated significant asset growth and increased annual giving over the three-year period.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$9M$14M$18M20202021202220232024
Metric202420232022
Total Assets$100,272,321$87,717,233$91,266,206
Revenue$16,395,212$86,964$535,658
Expenses$4,944,540$4,101,756$4,324,820
Qualifying Distributions$4,338,689$3,973,182$4,228,116
Net Investment Income$16,314,361$440,271
Distributable Amount$3,049,789$4,116,348$4,001,287

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M19 grants202025 grants202117 grants202219 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ACTON SCHOOL OF BUSINESS$3.0MDONORSTRUST$500KNAVY SEAL FOUNDATION$150KGRIPTAPE ORG INC$120KFRIENDS OF UFM INC$100KPHILANTHROPY ROUNDTABLE$100KHOMETOWN MISSIONS$75KACTON FOUNDATION FOR ENT…$50KPRISON FELLOWSHIP$40KCHAPEL & YORK US FOUNDAT…$35K

Grant Size Distribution

99 grants across all recorded years

57<$50K17$50–100K18$100–250K1$250–500K1$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Acton School of Business ($3,009,240), Donorstrust ($500,000), Navy Seal Foundation ($150,000).

RecipientPurposeAmount
ACTON FOUNDATION FOR ENTREPRENEURSHIP EDUCATION AND RELIGIOUS FREEDOM JOHNSON CITY, TXGENERAL SUPPORT$50,000
ACTON SCHOOL OF BUSINESS AUSTIN, TXGENERAL SUPPORT$3,009,240
BLANCO METHODIST CHURCH BLANCO, TXGENERAL SUPPORT$25,000
CHAPEL & YORK US FOUNDATION INC NEW YORK, NYGENERAL SUPPORT$34,600
COMMUNITY RESOURCE CENTERS OF TEXAS INC MARBLE FALLS, TXGENERAL SUPPORT$5,000
CROSSROADS CHURCH OF ASPEN ASPEN, COGENERAL SUPPORT$25,000
DONORSTRUST ALEXANDRIA, VAGENERAL SUPPORT$500,000
FIRST UNITED METHODIST CHURCH JOHNSON CITY, TXGENERAL SUPPORT$15,000
FRIENDS OF UFM INC MCLEAN, VAGENERAL SUPPORT$100,000
GAZELLE FOUNDATION AUSTIN, TXGENERAL SUPPORT$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JEFF SANDEFERPRESIDENT0.1
LAURA SANDEFERSECRETARY & DIRECTOR0.1
JUAN BONIFASIDIRECTOR0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Ed Foundation fund?

ED Foundation primarily funds general support initiatives. Its grantmaking focuses on education, philanthropy and voluntarism, and human services. The foundation has demonstrated particular interest in higher education and support for first responders.

How do I apply for a grant from Ed Foundation?

**Grant Activity (2024)** • Total grants distributed: $4,308,840 • Number of grants: 19 • Average grant size: $227,000 • Typical award range: $1,000–$3,725,000 **Recent Grant Recipients (2024)** • Acton School of Business: $3,009,240 (General Support) • Navy Seal Foundation: $150,000 (General Support) • Griptape Org: $120,000 (General Support) The foundation made 11 additional grants in 2024 beyond those listed above.

Where does Ed Foundation make grants?

ED Foundation's grantmaking extends primarily across Texas, Virginia, and New York.

What size grants does Ed Foundation award?

In 2024, Ed Foundation awarded 19 grants totaling $4.3M — an average of about $227K per grant, based on its IRS Form 990 filings.

How much is Ed Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ed Foundation reported a distributable amount of $3.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ed Foundation's EIN?

Ed Foundation's EIN (Employer Identification Number) is 74-2804730. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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