Ernest Alva Oswalt and Betty Austin Oswalt Foundation

Private foundation · Grantmaker Raymond, MS EIN: 64-0910686

Ernest Alva Oswalt and Betty Austin Oswalt Foundation is a private foundation, based in Raymond, MS. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $59K in total assets. In 2025, it awarded 3 grants totaling $20K. Net investment income was $1K.

Key facts about Ernest Alva Oswalt and Betty Austin Oswalt Foundation

In short: Ernest Alva Oswalt and Betty Austin Oswalt Foundation gave $20K across 3 grants in 2025 (avg $7K), mostly in Mississippi. Source: 2025 IRS Form 990-PF.

EIN
64-0910686
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$20,000
Grants made (2025)
3
Average grant
$6,667
Median grant
$5,000
Total assets
$59,381
Primary geography
Mississippi (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$59K

-24.5% YoY

Annual Giving

$20K

-35.5% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$7K

-14.0% YoY

Under IRS private-foundation payout rules, Ernest Alva Oswalt and Betty Austin Oswalt Foundation reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.

How Ernest Alva Oswalt and Betty Austin Oswalt Foundation gives

  • In 2025 it paid out 547% 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

2states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

French CampJacksonBooneFlorenceHattiesburg

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants2020 0 grants2021 0 grants2022 0 grants2023 4 grants2024 3 grants2025

From 2024 to 2025, annual grant giving ranged from $20K (2025) to $31K (2024). In 2025 it made 3 grants totaling $20K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

French Camp Academy: $10KFrench Camp Academy$10KGateway Rescue Mission: $5KGateway Rescue Mission$5KHickory Ridge Baptist Church: $5KHickory Ridge Baptist Church$5K

The largest 2025 recipient was French Camp Academy ($10K). Together the top 3 received $20K.

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
French Camp Academy French Camp, MSChristian School$10,000
Gateway Rescue Mission Jackson, MSHomeless Shelter$5,000
Hickory Ridge Baptist Church Florence, MSCHURCH$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$59,381$78,624$111,058
Revenue$1,408$61$110,128
Expenses$20,651$32,495$295
Qualifying Distributions$20,000$31,000—
Net Investment Income$1,408$39$1
Distributable Amount$3,654$4,736$511

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 3, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 17, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 6, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 9, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 22, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Ernest Alva Oswalt and Betty Austin Oswalt Foundation is led by Ernest A. Oswalt, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ernest A. Oswalt

    President

    On filings since 2020

    No compensation reported

  • Gerry O. Grimes

    Secretary

    Secretary & Treasurer → Secretary, 2021

    On filings since 2020

    No compensation reported

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.

Frequently asked questions about Ernest Alva Oswalt and Betty Austin Oswalt Foundation

How much does Ernest Alva Oswalt and Betty Austin Oswalt Foundation give each year?

Ernest Alva Oswalt and Betty Austin Oswalt Foundation gave $20K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $31K across 4 grants.

What is Ernest Alva Oswalt and Betty Austin Oswalt Foundation's typical grant size?

Ernest Alva Oswalt and Betty Austin Oswalt Foundation's median grant in 2025 was $5,000, and its average grant was $6,667, across 3 grants on its 2025 IRS Form 990-PF.

Where does Ernest Alva Oswalt and Betty Austin Oswalt Foundation give grants?

Ernest Alva Oswalt and Betty Austin Oswalt Foundation gives mostly in Mississippi: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Ernest Alva Oswalt and Betty Austin Oswalt Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Ernest Alva Oswalt and Betty Austin Oswalt Foundation's 2025 IRS Form 990-PF were described as general or operating support.

How large is Ernest Alva Oswalt and Betty Austin Oswalt Foundation?

Ernest Alva Oswalt and Betty Austin Oswalt Foundation reported $59K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

What is Ernest Alva Oswalt and Betty Austin Oswalt Foundation's EIN?

Ernest Alva Oswalt and Betty Austin Oswalt Foundation's EIN (Employer Identification Number) is 64-0910686. 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.

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