Foundation 43

AUSTIN, TX EIN: 85-2985262

Foundation 43 is a private foundation focused on Mental Health & Crisis Intervention, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $195K in total assets. In 2024, it awarded 5 grants totaling $266K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$195K

+60.0% YoY

Annual Giving

$266K

+14.4% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$53K

+14.4% YoY

Under IRS private-foundation payout rules, Foundation 43 reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

About Foundation 43

Based on IRS filings

Foundation 43 is a private foundation focused on Mental Health & Crisis Intervention, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $195K in total assets. In 2024, it awarded 5 grants totaling $266K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

ArdmoreAustinFriendswoodKansas CityMt VernonNew YorkRichmondWashingtonWest Hollywood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$84K$167K$251K$335K20202021202220232024
Metric202420232022
Total Assets$195,127$121,971$123,213
Revenue$304,098$301,388$236,225
Expenses$283,868$263,049$225,335
Qualifying Distributions$283,868$263,049$225,335
Net Investment Income
Distributable Amount$10,772$4,574$4,132

Giving Over Time

Total grant dollars and number of grants per year

$0$66K$133K$199K$266K0 grants20206 grants20217 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

THE TREVOR PROJECT$80KHEADSTRONG PROJECT INC$60KACTIVE MINDS INC$56KBLACK MEN HEAL$35KSOCIAL GOOD FUND$35K

Grant Size Distribution

23 grants across all recorded years

16<$50K7$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Trevor Project ($80,483), Headstrong Project Inc ($60,000), Active Minds Inc ($55,500).

RecipientPurposeAmount
THE TREVOR PROJECT WEST HOLLYWOOD, CATO SUPPORT ADDRESS AND RAISE AWARENESS OF ISSUES REGARDING MENTAL HEALTH AND OTHER SOCIAL CAUSES$80,483
HEADSTRONG PROJECT INC NEW YORK, NYTO SUPPORT ADDRESS AND RAISE AWARENESS OF ISSUES REGARDING MENTAL HEALTH AND OTHER SOCIAL CAUSES$60,000
ACTIVE MINDS INC WASHINGTON, DCTO SUPPORT ADDRESS AND RAISE AWARENESS OF ISSUES REGARDING MENTAL HEALTH AND OTHER SOCIAL CAUSES$55,500
BLACK MEN HEAL ARDMORE, PATO SUPPORT ADDRESS AND RAISE AWARENESS OF ISSUES REGARDING MENTAL HEALTH AND OTHER SOCIAL CAUSES$35,000
SOCIAL GOOD FUND RICHMOND, CATO SUPPORT ADDRESS AND RAISE AWARENESS OF ISSUES REGARDING MENTAL HEALTH AND OTHER SOCIAL CAUSES$35,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS MONTGOMERYPRESIDENT1
DAVID WARDELLSECRETARY1
WILLIAM CASTILLODIRECTOR1
KYLE HENCYDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Foundation 43?

Foundation 43 is a private foundation focused on Mental Health & Crisis Intervention, based in AUSTIN, TX. It holds $195K in total assets as of 2024.

How large is Foundation 43?

As of 2024, Foundation 43 holds $195K in total assets with $304K in annual revenue. It awarded 5 grants totaling $266K in 2024.

Where does Foundation 43 operate?

Foundation 43 has awarded grants in California, District of Columbia, Maine, Missouri, New York, Pennsylvania, Texas.

What size grants does Foundation 43 award?

In 2024, Foundation 43 awarded 5 grants totaling $266K — an average of about $53K per grant, based on its IRS Form 990 filings.

How much is Foundation 43 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Foundation 43 reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Foundation 43's EIN?

Foundation 43's EIN (Employer Identification Number) is 85-2985262. IRS Form 990 filing data is available on this page for 2020–2024.

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

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