Erma Center Foundation is a private foundation focused on Community Improvement & Capacity Building, based in RIVIERA, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $22.3M in total assets. In 2024, it made $168K in qualifying distributions. Net investment income was $4.4M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.3M
+49.6% YoY
Revenue
$8.1M
+141.8% YoY
Qualifying Distributions
$168K
+255.8% YoY
Expenses
$741K
+1219.1% YoY
About Erma Center Foundation
Based on IRS filings
Erma Center Foundation is a private foundation focused on Community Improvement & Capacity Building, based in RIVIERA, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $22.3M in total assets. In 2024, it made $168K in qualifying distributions. Net investment income was $4.4M.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,277,239 | $14,888,954 | $12,046,574 |
| Revenue | $8,083,630 | $3,342,451 | $3,009,581 |
| Expenses | $741,207 | $56,190 | $65,530 |
| Qualifying Distributions | $168,416 | $47,330 | — |
| Net Investment Income | $4,381,398 | $9,026 | $9,581 |
| 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 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
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 |
|---|---|---|---|
| BILL COLSTON JR | DIRECTOR | 25 | — |
| BILLY COLSTON III | DIRECTOR | 20 | — |
| LESLIE COLSTON | DIRECTOR | 10 | — |
| JUDY COLSTON | DIRECTOR | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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