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Ed Rachal Foundation

CORPUS CHRISTI, TX EIN: 74-1116595 Website

The Ed Rachal Foundation is a private foundation established in 1965 and based in Corpus Christi, Texas. The foundation was created to fulfill the charitable vision of Ed Rachal, Jr., a rancher and cattleman, as outlined in his will dated June 2, 1964. The foundation operates as a 501(c)(3) organization dedicated to supporting charitable, scientific, literary, and educational purposes exclusively within the State of Texas.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$825.4M

+14.3% YoY

Annual Giving

$27.5M

+11.5% YoY

Grant Count

344

+26.5% YoY

Avg Grant Size

$80K

-11.9% YoY

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 April 2026.

Mission & Focus Areas

The foundation's mission is established by Ed Rachal's last will and testament, which directs that the foundation's resources be used "exclusively for the benefit of charitable, scientific, literary or educational purposes within the State of Texas."

The cornerstone of the foundation's mission reflects Ed Rachal's and his wife Louise's deep commitments to education and youth, combined with their passion for the land and its resources. This dual focus shapes the foundation's grantmaking priorities.

Primary funding areas include:

  • Education and youth development
  • Environmental conservation and land stewardship
  • Scientific research
  • General charitable operations
  • Capital projects and program development

Grantmaking

How to Apply

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Geographic Focus

Where this funder awards grants

All grants must be used for charitable, scientific, literary, or educational purposes exclusively within the State of Texas.

Grant Distribution by State

4states

Cities

AdrianAledoAliceAmarilloAransas PassArlingtonAustinAveryAvingerBanderaBeaumontBeevilleBoerneBrazoriaBridge CityBryanBudaBulverdeBurnetCameron

Financial History

Multi-year comparison from IRS filings

Assets and Revenue (Most Recent Data):

  • Total assets: $825.4 million
  • Total revenues: $78.6 million to $144.1 million (depending on fiscal year)
  • Total expenses: $52.4 million
  • Total giving: $27.5 million

Historical Growth:

  • Total assets have grown from $65.6 million in 2010 to $723.6 million in 2023

Staffing:

  • The foundation employs 15 staff members
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$29M$59M$88M$117M202020212022202320242025
Metric202520242023
Total Assets$825,410,588$722,339,907$723,641,857
Revenue$103,220,023$78,609,942$90,054,904
Expenses$56,539,173$52,385,851$53,476,258
Qualifying Distributions$36,590,273$32,021,097$31,184,979
Net Investment Income$83,928,071$59,015,537$69,000,299
Distributable Amount$29,002,097$24,631,936$25,966,720

Giving Over Time

Total grant dollars and number of grants per year

$0$7M$14M$21M$28M1 grants20201 grants20211 grants2022248 grants2023272 grants2024344 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

ANNAVILLE VOLUNTEER FIRE…$5KCAMERON CHURCH OF CHRIST$5KCORPUS CHRISTI ROADRUNNERS$5KCORPUS CHRISTI SYMPHONY …$5KFALFURRIAS VOLUNTEER FIR…$5KJIM HOGG COUNTY FIRE DEP…$5KORANGE GROVE FIRE DEPART…$5KCORPUS CHRISTI INDEPENDE…$5KAVERY ISD$5KPALACIOS YOUTH FOOTBALL …$5K

Grant Size Distribution

152 grants across all recorded years

118<$50K20$50–100K9$100–250K2$250–500K$500K–1M1$1–5M2$5M+

Open Grants

1 open opportunity from Ed Rachal Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Annaville Volunteer Fire Dept ($5,000), Cameron Church of Christ ($5,000), Corpus Christi Roadrunners ($5,000).

RecipientPurposeAmount
ST PATRICK CATHOLIC SCHOOL CORPUS CHRISTI, TXPROGRAM SUPPORT$250
LIBERTY-EYLAU ISD TEXARKANA, TXPROGRAM SUPPORT$475
TEXAS & SOUTHWESTERN CATTLE RAISERS ASSOC FORT WORTH, TXGENERAL OPERATIONS$500
PALACIOS ISD PALACIOS, TXPROGRAM SUPPORT$500
PLEASANT GROVE ISD TEXARKANA, TXPROGRAM SUPPORT$625
CHAPEL HILL ISD MOUNT PLEASANT, TXPROGRAM SUPPORT$670
SULPHER BLUFF ISD SULPHER BLUFF, TXPROGRAM SUPPORT$880
MALTA ISD NEW BOSTON, TXPROGRAM SUPPORT$900
BROOKS PROGRAM SUPPORT FUND FALFURRIAS, TXPROGRAM SUPPORT$1,000
ST PATRICK CATHOLIC SCHOOL CORPUS CHRISTI, TXPROGRAM SUPPORT$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

PAUL D ALTHEIDEPRESIDENT/CE$675KMYRA K MORRISCHIEF LEGAL$377KDAVID L HOYERBOARD CHAIRMAN$67KKEN W TRAWICKVICE BOARD CHAIRMAN$67KJOHN J JOHNSONSEC/TREASURER$67KJOSHUA T GAINESADVISORY DIRECTOR$64KDAVID J MORALESADVISORY DIRECTOR$64K

From 2025 filing

NameTitleHoursCompensation
DAVID L HOYERBOARD CHAIRMAN6$66,800
KEN W TRAWICKVICE BOARD CHAIRMAN5$66,800
JOHN J JOHNSONSEC/TREASURER5$66,800
KEN L KELLARDIRECTOR5
JOSHUA T GAINESADVISORY DIRECTOR5$64,000
DAVID J MORALESADVISORY DIRECTOR5$64,000
PAUL D ALTHEIDEPRESIDENT/CE50$675,000
MYRA K MORRISCHIEF LEGAL40$377,424

Recent News & Activity

Recent developments and announcements

The foundation has made recent grants supporting diverse initiatives across Texas, including:

Ed Rachal Foundation Grants Funds to TAMUK for Dual Credit Math Program |

Support for dual credit math programs at educational institutions

Grants to community colleges for educational advancement

Funding for educational and youth-focused organizations

The foundation operates a retreat center that serves qualifying civic community and not-for-profit organizations, accommodating approximately 6,900 people days of use annually.

NTCC receives $25,000 from Ed Rachal Foundation | Northeast Texas Community

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Ed Rachal Foundation fund?

The foundation's mission is established by Ed Rachal's last will and testament, which directs that the foundation's resources be used "exclusively for the benefit of charitable, scientific, literary or educational purposes within the State of Texas." The cornerstone of the foundation's mission reflects Ed Rachal's and his wife Louise's deep commitments to education and youth, combined with their passion for the land and its resources. This dual focus shapes the foundation's grantmaking prioriti…

How do I apply for a grant from Ed Rachal Foundation?

**Application Process:** • The foundation accepts applications at any time • Applicants may submit only one application per fiscal year (September 1 – August 31) • Applications must be submitted via email to info@edrachal.org as a single PDF file • Only applications using the foundation's official Grant Application Form are accepted • Approved applicants receive a Grant Agreement to be signed by an authorized official **Eligibility Requirements:** • Grants are awarded only to exempt organizatio…

Where does Ed Rachal Foundation make grants?

All grants must be used for charitable, scientific, literary, or educational purposes exclusively within the State of Texas.

What size grants does Ed Rachal Foundation award?

In 2025, Ed Rachal Foundation awarded 344 grants totaling $27.5M — an average of about $80K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2025, Ed Rachal Foundation reported a distributable amount of $29.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

Explore Open Grants

Browse active grant opportunities in Ed Rachal Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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