Fernandes Family Foundation

Private foundation · Grantmaker Dallas, TX EIN: 75-2335691

Fernandes Family Foundation is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $217K in total assets. In 2021, it awarded 3 grants totaling $45K.

Key facts about Fernandes Family Foundation

In short: Fernandes Family Foundation gave $45K across 3 grants in 2021 (avg $15K), mostly in Texas. Source: 2021 IRS Form 990-PF.

EIN
75-2335691
Latest 990 filing
Form 990-PF, 2021
Annual giving (2021)
$45,000
Grants made (2021)
3
Average grant
$15,000
Median grant
$2,500
Total assets
$216,805
Primary geography
Texas (100% of itemized 2021 grant dollars)

Data from IRS Form 990-PF, 2021; updated September 2026.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$217K

-44.9% YoY

Annual Giving

$45K

-68.6% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$15K

-68.6% YoY

Under IRS private-foundation payout rules, Fernandes Family Foundation reported a distributable amount of $14K for 2021 — the minimum it must pay out in qualifying distributions.

How Fernandes Family Foundation gives

  • In 2021 it paid out 333% 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

1state

Share of all 3 itemized 2021 grant dollars.

States

Cities

BonhamCollege StationParis

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K3 grants20203 grants2021

From 2020 to 2021, annual grant giving ranged from $45K (2021) to $143K (2020). In 2021 it made 3 grants totaling $45K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2021

Texas A&M University Commerce: $42KTexas A&M University Commerce$42KParis Junior College: $3KParis Junior College$3KFannin County Museum of History: $500Fannin County Museum ofHistory$500

The largest 2021 recipient was Texas A&M University Commerce ($42K). Together the top 3 received $45K.

Grant Size Distribution

6 grants across all recorded years

5<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 6 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Texas A&M University Commerce College Station, TXContinuane of Education Program$42,000
Paris Junior College Paris, TXContinuane of Education Program$2,500
Fannin County Museum of History Bonham, TXTo Support a Municipal Organization$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K20202021
Metric20212020
Total Assets$216,805$393,385
Revenue$-3,250$84,518
Expenses$48,330$143,428
Qualifying Distributions$45,000—
Net Investment Income—$7,657
Distributable Amount$13,516$18,654

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2021

Leadership & Key People

Officers and directors from IRS filings

Fernandes Family Foundation is led by Gary J. Fernandes, President on every filing since 2020; none of the 3 officers listed in 2021 report compensation.

Officers on the 2021 filing

  • Gary J. Fernandes

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Jennifer Fernandes McGill

    Secretary & Treasurer

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Sandra F. Fernandes

    Vice President

    On filings since 2020

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2021. "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 Fernandes Family Foundation

How much does Fernandes Family Foundation give each year?

Fernandes Family Foundation gave $45K across 3 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $143K across 3 grants.

What is Fernandes Family Foundation's typical grant size?

Fernandes Family Foundation's median grant in 2021 was $2,500, and its average grant was $15,000, across 3 grants on its 2021 IRS Form 990-PF.

Where does Fernandes Family Foundation give grants?

Fernandes Family Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there.

Does Fernandes Family Foundation give general operating support?

Not in 2021: none of the 3 grants with a stated purpose on Fernandes Family Foundation's 2021 IRS Form 990-PF were described as general or operating support.

How large is Fernandes Family Foundation?

Fernandes Family Foundation reported $217K in total assets on its 2021 IRS Form 990-PF. It paid out $45K in qualifying distributions that year, against a required minimum of $14K (roughly 5% of its investment assets).

What is Fernandes Family Foundation's EIN?

Fernandes Family Foundation's EIN (Employer Identification Number) is 75-2335691. IRS Form 990 filing data is available on this page for 2020–2021.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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