Founded in Faith is a private foundation focused on Religion Related, based in FORT WORTH, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $14.1M in total assets. In 2024, it awarded 10 grants totaling $150K. Net investment income was $232K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.1M
+1872.8% YoY
Annual Giving
$150K
+269.2% YoY
Grant Count
10
+66.7% YoY
Avg Grant Size
$15K
+121.5% YoY
Under IRS private-foundation payout rules, Founded in Faith reported a distributable amount of $294K for 2024 — the minimum it must pay out in qualifying distributions.
About Founded in Faith
Based on IRS filings
Founded in Faith is a private foundation focused on Religion Related, based in FORT WORTH, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $14.1M in total assets. In 2024, it awarded 10 grants totaling $150K. Net investment income was $232K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,087,030 | $714,063 | $272,065 |
| Revenue | $13,511,352 | $480,161 | $317,392 |
| Expenses | $151,544 | $42,038 | $46,152 |
| Qualifying Distributions | $149,537 | $40,500 | $46,000 |
| Net Investment Income | $232,459 | $27,041 | $17,240 |
| Distributable Amount | $293,790 | $33,410 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Md Anderson ($51,537), Food 4 Kids ($30,000), Ronald Mcdonald House ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FOOD 4 KIDS PANAMA CITY BEACH, FL | GENERAL FUND | $30,000 |
| RONALD MCDONALD HOUSE PALO ALTO, CA | GENERAL FUND | $20,000 |
| THE NET FW FORT WORTH, TX | GENERAL FUND | $15,000 |
| ALTO CEP ALTO, NM | GENERAL FUND | $1,000 |
| CHRIST CHAPEL FORT WORTH, TX | GENERAL FUND | $10,000 |
| KINGDOM MULTIPLY DALLAS, TX | GENERAL FUND | $2,500 |
| MD ANDERSON HOUSTON, TX | GENERAL FUND | $51,537 |
| SENIOR LIFE MIDLAND MIDLAND, TX | GENERAL FUND | $2,000 |
| ST JUDE'S MEMPHIS, TN | GENERAL FUND | $12,500 |
| WISH WITH WINGS FORT WORTH, TX | GENERAL FUND | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CURT KAMRADT | Trustee | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Founded in Faith?
Founded in Faith is a private foundation focused on Religion Related, based in FORT WORTH, TX. It holds $14.1M in total assets as of 2024.
How large is Founded in Faith?
As of 2024, Founded in Faith holds $14.1M in total assets with $13.5M in annual revenue. It awarded 10 grants totaling $150K in 2024.
Where does Founded in Faith operate?
Founded in Faith has awarded grants in California, Florida, New Mexico, Tennessee, Texas.
What size grants does Founded in Faith award?
In 2024, Founded in Faith awarded 10 grants totaling $150K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Founded in Faith required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Founded in Faith reported a distributable amount of $294K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Founded in Faith's EIN?
Founded in Faith's EIN (Employer Identification Number) is 87-1108979. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Founded in Faith'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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