Ed Rachal Foundation
The Ed Rachal Foundation is a private foundation based in an individual recipient, Texas. Established in 1965, it supports charitable, scientific, literary, and educational purposes within Texas, consistent with the direction in benefactor Ed Rachal’s will.
Ed Rachal Foundation at a glance
In short: Ed Rachal Foundation gave $27.5M across 344 grants in 2025 (avg $80K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $27,517,291
- +11.5% vs 2024
- Grants made (2025)
- 344
- +26.5% vs 2024
- Average grant
- $79,992
- -11.9% vs 2024
- Median grant
- $25,000
- Total assets
- $825,410,588
- +14.3% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Ed Rachal Foundation
- How to Apply
-
The foundation accepts applications at any time and does not restrict giving to preselected organizations. Applicants may submit one application per fiscal year, which runs from September 1 through August 31. Applications must use the foundation’s Grant Application Form and be submitted as one PDF file by email; the guidelines also request a cover page for each exhibit. Approved applicants receive a grant agreement to sign and return. Grants are limited to exempt purposes within Texas.
- Review Cycle
- The foundation states that it has no submission deadlines.
- Deadline
- The foundation states that it has no submission deadlines.
- Contact
Application contact: Paul D Altheide
Mailing address: 555 N Carancahua Suite 700, Corpus Christi, TX 78401
Phone: (361) 881-9040
Website: https://edrachal.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Ed Rachal Foundation
Who Ed Rachal Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Halo Flight ($5.4M). Together the top 10 received $17.7M.
Organizations only. It also paid 4 grants to individuals ($200,000), which are not listed by name.
Grant Size Distribution
866 grants across all recorded years
The most common grant size was under $50K: 594 grants of 866 (69%).
Geographic Focus
Where this funder awards grants
Grant funds must be used for exempt purposes within Texas. The 2025 filing reports that 100% of grant dollars went to recipients in Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 344 itemized grants.
Cities
How Ed Rachal Foundation gives
- 65% of 2025 grantees were also funded in 2024. Method
- Giving grew 52% from 2022 to 2025. Method
- In 2025 it paid out 126% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $12.9M (2021) to $27.5M (2025). In 2025 it made 344 grants totaling $27.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Halo Flight Corpus Christi, TX | Asset Purchase | $5,439,911 |
| Louise Allen Foundation Corpus Christi, TX | General Operations | $5,000,000 |
| Palacios Marine Agricultural Research Corpus Christi, TX | General Operations | $4,000,000 |
| Remember the Alamo Foundation San Antonio, TX | Capital Campaign | $1,000,000 |
| Coastal Bend Bays & Estuaries Corpus Christi, TX | Program Support | $610,095 |
| University of Texas MD Anderson Center Houston, TX | Program Support | $500,000 |
| City of Palacios Palacios, TX | Infrastructure Improvements | $300,000 |
| South Texas Mission of Mercy Corpus Christi, TX | General Operations | $300,000 |
| Nueces County Corpus Christi, TX | Asset Purchase | $290,471 |
| Diocese of Corpus Christi Corpus Christi, TX | General Operations | $200,000 |
Ready to take the next step with Ed Rachal Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $825,410,588 | $103,220,023 | $56,539,173 | $27,517,291 | 344 | $36,590,273 | $83,928,071 | $29,002,097 |
| 2024 | $722,339,907 | $78,609,942 | $52,385,851 | $24,684,779 | 272 | $32,021,097 | $59,015,537 | $24,631,936 |
| 2023 | $723,641,857 | $90,054,904 | $53,476,258 | $26,869,852 | 248 | $31,184,979 | $69,000,299 | $25,966,720 |
| 2022 | $646,089,771 | $106,764,115 | $39,553,996 | $18,087,550 | 1 | $21,320,164 | $88,460,187 | $21,832,795 |
| 2021 | $525,945,722 | $55,210,794 | $30,129,241 | $12,897,938 | 1 | — | $40,992,560 | $16,996,986 |
| 2020 | $503,109,232 | $47,927,944 | $35,599,027 | $17,823,048 | 1 | — | $32,912,902 | $17,050,314 |
Under IRS private-foundation payout rules, Ed Rachal Foundation reported a distributable amount of $29.0M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s mission, established by Ed Rachal’s will, is to use its resources exclusively for charitable, scientific, literary, or educational purposes within Texas.
Its 2025 grants included support for a range of organizations and purposes. For example, the Remember the Alamo Foundation received $1 million for a capital campaign; the foundation describes its mission as supporting the Alamo Trust and its preservation, educational outreach, and public programs. Other 2025 recipients included Good Samaritan Rescue Mission, whose stated work includes shelter and other services for homeless people, and SA Life Academy, which says it provides continuing education for adults with intellectual and developmental disabilities.
Grantmaking
In filing year 2025, the foundation reported 344 grants totaling $27,517,291. Grant amounts ranged from $150 to $5,439,911, with a median of $25,000.
Among the largest 2025 grants were $5,439,911 to HALO Flight for an asset purchase, $5 million to the Louise Allen Foundation for general operations, and $4 million to Palacios Marine Agricultural Research for general operations. Other notable awards included $1 million to the Remember the Alamo Foundation for a capital campaign and $610,095 to Coastal Bend Bays & Estuaries for program support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists David L. Hoyer as board chairman; Ken W. Trawick as vice board chairman; John J. Johnson as secretary/treasurer; Ken L. Kellar as director; Joshua T. Gaines and David J. Morales as advisory directors; Paul D. Altheide as president/CEO; and Myra K. Morris as chief legal.
Ed Rachal Foundation is led by Paul D. Altheide, President on every filing since 2020; 7 of 8 officers listed in 2025 are compensated.
Officers on the 2025 filing
Paul D. Altheide
President
On filings since 2020
50 hrs/week
$505K (2020) → $675K (2025)
David L. Hoyer
Board Chairman
On filings since 2020
6 hrs/week
$72K (2020) → $67K (2025)
David J. Morales
Advisory Director
Advisory Director → Director, 2022
Director → Advisory Director, 2025
On filings since 2021
5 hrs/week
$6K (2021) → $64K (2025)
Joshua T. Gaines
Advisory Director
Advisory Director → Director, 2022
Director → Advisory Director, 2025
On filings since 2021
5 hrs/week
$6K (2021) → $64K (2025)
Ken L. Kellar
Director
On filings since 2020
5 hrs/week
No compensation reported
John J. Johnson
Secretary & Treasurer
On filings since 2020
5 hrs/week
$72K (2020) → $67K (2025)
Ken W. Trawick
Vice Board Chairman
Vice Board C → Vice Board Chairman, 2023
On filings since 2020
5 hrs/week
$74K (2020) → $67K (2025)
Myra K. Morris
Chief Legal
On filings since 2020
40 hrs/week
$306K (2020) → $377K (2025)
Former officers (2)
- Former: John P. Jordan (2020–2021) — Vice President
- Former: E. Richard Schendel (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $675K, to Paul D Altheide (President/Ce). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Ed Rachal Foundation
How much does Ed Rachal Foundation give each year?
Ed Rachal Foundation gave $27.5M across 344 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $24.7M across 272 grants.
What is Ed Rachal Foundation's typical grant size?
Ed Rachal Foundation's median grant in 2025 was $25,000, and its average grant was $79,992, across 344 grants on its 2025 IRS Form 990-PF.
Where does Ed Rachal Foundation give grants?
Ed Rachal Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Corpus Christi, TX (103 grants), Houston, TX (21 grants), San Antonio, TX (19 grants) and Palacios, TX (16 grants).
Does Ed Rachal Foundation give general operating support?
Yes: 42% of Ed Rachal Foundation's 2025 grants with a stated purpose (143 of 344) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Program Support" (166 grants), "Scholarships" (10 grants) and "Program Support - Rotc" (9 grants).
Who are Ed Rachal Foundation's largest grantees?
Ed Rachal Foundation's largest 2025 grantees include Halo Flight ($5,439,911), Louise Allen Foundation ($5,000,000) and Palacios Marine Agricultural Research ($4,000,000), according to its 2025 IRS Form 990-PF. It also paid 4 grants to individuals ($200,000), which are not listed by name. Together they received 52% of its itemized 2025 grant dollars.
How large is Ed Rachal Foundation?
Ed Rachal Foundation reported $825.4M in total assets on its 2025 IRS Form 990-PF. It paid out $36.6M in qualifying distributions that year, against a required minimum of $29.0M (roughly 5% of its investment assets).
What does Ed Rachal Foundation fund?
The foundation’s mission, established by Ed Rachal’s will, is to use its resources exclusively for charitable, scientific, literary, or educational purposes within Texas. See mission & focus areas ↑
How do I apply for a grant from Ed Rachal Foundation?
The foundation accepts applications at any time and does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Ed Rachal Foundation's EIN?
Ed Rachal Foundation's EIN (Employer Identification Number) is 74-1116595. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Ed Rachal Foundation funds
Religion Related Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Ed Rachal Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Texas
Greater Houston Community Foundation
Houston, TX
The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
The John G and Marie Stella Kenedy Memorial Foundation
Corpus Christi, TX
The John G. and Marie Stella Kenedy Memorial Foundation funds Catholic education, religious activities, and charitable, health, and human services, with a primary focus on South Texas and all grants restricted to Texas. In 2024, its median grant was $25,000, with awards ranging from $6,000 to over $1.9 million. It accepts applications through an online process; eligible nonprofits must pass an eligibility quiz, and the stated deadline is October 15.
Assets
$494.6M
Grants
388
Total Given
$16.8M
Behmann Brothers Foundation
Corpus Christi, TX
The foundation funds agricultural research and education, schools, youth programs, healthcare, and service organizations, primarily in eight South Texas counties; applicants must be headquartered in Texas. Its 2025 grants ranged from $145 to $36,000, with a median of $2,500. It accepts applications by regular mail using its required form, during its stated application period.
Assets
$8.5M
Grants
106
Total Given
$364K
Communities Foundation of Texas Inc
Dallas, TX
Communities Foundation of Texas funds a broad range of community needs, including health, education, housing, and community development, primarily in North Texas and across Texas. Its 2025 grants had a median of about $18,800, though amounts varied widely; nearly all opportunities are by invitation, with some specific programs open for applications.
Assets
$1.2B
Grants
2,209
Total Given
$209.2M
BNSF Railway Foundation
Fort Worth, TX
The BNSF Railway Foundation funds civic, cultural, education, health and human services, environmental, and youth programs, including operating costs and specific projects. Its 2025 median grant was $2,500, though awards ranged from $100 to $500,000; it supports eligible organizations serving communities near BNSF rail lines across its 28 operating states. The foundation provides an online application process, but whether it accepts unsolicited requests is not stated.
Assets
$23.0M
Grants
993
Total Given
$7.0M
Baker Hughes Foundation
Houston, TX
Assets
$2.2M
Grants
990
Total Given
$3.2M
More similar funders
More Funders in Texas
Cite this profile
Grantable. (2026). Ed Rachal Foundation funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/ed-rachal-foundation-morg_2073962496d3429e87885032423abb47
BibTeX
@misc{grantable_741116595_2026,
author = {{Grantable}},
title = {{Ed Rachal Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/ed-rachal-foundation-morg_2073962496d3429e87885032423abb47},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Ed Rachal Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Ed Rachal Foundation down — hundreds of funders to go?