Fortress Foundation Inc

Private foundation · Grantmaker Flower Mound, TX EIN: 46-2923442

Fortress Foundation Inc is a private foundation, based in Flower Mound, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $308K in total assets. In 2024, it awarded 8 grants totaling $68K. Net investment income was $5K.

Key facts about Fortress Foundation Inc

In short: Fortress Foundation Inc gave $68K across 8 grants in 2024 (avg $8K), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN
46-2923442
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$67,675
Grants made (2024)
8
Average grant
$8,459
Median grant
$1,200
Total assets
$308,499
Primary geography
Texas (72% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$308K

-6.6% YoY

Annual Giving

$68K

-14.3% YoY

Grant Count

8

-27.3% YoY

Avg Grant Size

$8K

+17.8% YoY

Under IRS private-foundation payout rules, Fortress Foundation Inc reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.

How Fortress Foundation Inc gives

  • Giving grew 248% from 2021 to 2024. Method
  • In 2024 it paid out 994% 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

9states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

IndianapolisColorado SpringsWestfieldCarmelFishersLongviewAlbert LeaArlingtonNotre DameBrownsburgCovingtonCulverDentonEl CajonFlower MoundKingwoodKokomoLos AngelesMishawkaMorgantown

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K12 grants2020 12 grants2021 6 grants2022 11 grants2023 8 grants2024

From 2020 to 2024, annual grant giving ranged from $19K (2021) to $252K (2022). In 2024 it made 8 grants totaling $68K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Indigent Individuals: $36KIndigent Individuals$36KSt Mary's College: $14KSt Mary's College$14KLongview Christian School: $12KLongview Christian School$12KMaps Global Fellowship: $1KMaps Global Fellowship$1KMissionary Church ECR Crisis Relief: $1KMissionary Church ECR CrisisRelief$1KCompassion International: $1KCompassion International$1KCircle City Relief: $1KCircle City Relief$1KPhare Warrior: $800Phare Warrior$800

The largest 2024 recipient was Indigent Individuals ($36K). Together the top 8 received $68K.

Grant Size Distribution

49 grants across all recorded years

47<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 47 grants of 49 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Indigent Individuals Flower Mound, TXGeneral Support$36,425
St Mary's College Notre Dame, INScholarships to Students$13,720
Longview Christian School Longview, TXScholarships$12,298
Maps Global Fellowship Richmond, VAGeneral Support$1,200
Missionary Church ECR Crisis Relief Troy, OHGeneral Support$1,200
Compassion International Colorado Springs, COGeneral Support$1,032
Circle City Relief Indianapolis, INGeneral Support$1,000
Phare Warrior Westfield, INGeneral Support$800

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$308,499$330,126$370,592
Revenue$150,002$109,580$138,969
Expenses$172,871$147,709$298,611
Qualifying Distributions$159,366$140,102$293,644
Net Investment Income$5,085$988$18,955
Distributable Amount$16,027$15,694$19,824

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 November 5, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 25, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Fortress Foundation Inc is led by Matthew Zappasodi, Executive Director since 2023 (on filings since 2020); none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Matthew Zappasodi

    Executive Director

    Executive Di → Executive Director, 2023

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Justin Masterson

    Chairman

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kristen Campbell

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Noah Campbell

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Emily Zappasodi

    Treasurer

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Meryl Masterson

    Co-Chair

    Co-Chairman → Co-Chair, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Fortress Foundation Inc

How much does Fortress Foundation Inc give each year?

Fortress Foundation Inc gave $68K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $79K across 11 grants.

What is Fortress Foundation Inc's typical grant size?

Fortress Foundation Inc's median grant in 2024 was $1,200, and its average grant was $8,459, across 8 grants on its 2024 IRS Form 990-PF.

Where does Fortress Foundation Inc give grants?

Fortress Foundation Inc gives mostly in Texas: 72% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Indiana (23%).

Does Fortress Foundation Inc give general operating support?

Yes: 75% of Fortress Foundation Inc's 2024 grants with a stated purpose (6 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Fortress Foundation Inc's largest grantees?

Fortress Foundation Inc's largest 2024 grantees include Indigent Individuals ($36,425), St Mary's College ($13,720) and Longview Christian School ($12,298), according to its 2024 IRS Form 990-PF. Together they received 92% of its itemized 2024 grant dollars.

How large is Fortress Foundation Inc?

Fortress Foundation Inc reported $308K in total assets on its 2024 IRS Form 990-PF. It paid out $159K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).

What is Fortress Foundation Inc's EIN?

Fortress Foundation Inc's EIN (Employer Identification Number) is 46-2923442. IRS Form 990 filing data is available on this page for 2020–2024.

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

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