The Foles Believe Foundation is dedicated to impacting and serving those in need. Youth initiatives, family crisis counseling, military, mental and overall healh are areas close to the hears of Nick and Tori Foles. Serving those areas will be done in Jesus' name.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
$7K
-96.9% YoY
Annual Giving
$520K
-41.2% YoY
Grant Count
6
-53.8% YoY
Avg Grant Size
$87K
+27.3% YoY
About Foles Believe Foundation
Based on IRS filings
Foles Believe Foundation is a nonprofit organization focused on Youth Development, based in AUSTIN, TX. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $7K in total assets. In 2021, it awarded 6 grants totaling $520K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | $7,202 | $230,165 |
| Revenue | $615,088 | $1,247,193 |
| Expenses | $838,050 | $1,017,028 |
| Qualifying Distributions | — | — |
| Net Investment Income | — | — |
| 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 6 recipients in 2021
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Progressive Baptist Church ($300,000), Mariners Church ($100,000), Children First Fund ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Compassion International Colorado Springs, CO | Program Service | $20,000 |
| Progressive Baptist Church Chicago, IL | Program Service | $300,000 |
| Mariners Church Irvine, CA | Program Service | $100,000 |
| Children First Fund Chicago, IL | Program Service | $50,000 |
| Step Forward Academy Aliso Viejo, CA | Program Service | $25,000 |
| SEAL Legacy Foundation Austin, TX | Program Service | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Victoria Foles | Chair | 10 | — |
| Nicholas Foles | Vice Chairman | 10 | — |
| Christopher Maragos | Secretary & Treasurer | 10 | — |
| Timothy Owens | Member | 5 | — |
| Joey Feste | Member | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foles Believe Foundation?
Foles Believe Foundation is a nonprofit organization focused on Youth Development, based in AUSTIN, TX. It holds $7K in total assets as of 2021.
How large is Foles Believe Foundation?
As of 2021, Foles Believe Foundation holds $7K in total assets with $615K in annual revenue. It awarded 6 grants totaling $520K in 2021.
Where does Foles Believe Foundation operate?
Foles Believe Foundation has awarded grants in California, Colorado, Florida, Illinois, New Jersey, Pennsylvania, Texas.
What size grants does Foles Believe Foundation award?
In 2021, Foles Believe Foundation awarded 6 grants totaling $520K — an average of about $87K per grant, based on its IRS Form 990 filings.
What is Foles Believe Foundation's EIN?
Foles Believe Foundation's EIN (Employer Identification Number) is 85-0582598. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Foles Believe Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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