Foundry
Foundry is a private foundation focused on Education, based in Austin, TX. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $2K.
Foundry at a glance
In short: Foundry gave $2K across 1 grant in 2023 (avg $2K), mostly in Texas. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $1,614
- +222.8% vs 2022
- Grants made (2023)
- 1
- +0.0% vs 2022
- Average grant
- $1,614
- +222.8% vs 2022
- Median grant
- $1,614
- Primary geography
- Texas (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Foundry funds
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was Creative Action ($2K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
States
Cities
How Foundry gives
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2023, annual grant giving ranged from $500 (2022) to $2K (2023). In 2023 it made 1 grant totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Creative Action Austin, TX | Dissolution | $1,614 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $92 | $9,710 | $1,614 | 1 | — | — | — |
| 2022 | $9,618 | $48 | $3,866 | $500 | 1 | $500 | $48 | — |
| 2021 | $13,436 | $15,672 | $3,458 | — | — | $3,131 | — | $243 |
| 2020 | $1,222 | $4,221 | $8,716 | — | — | — | — | — |
Leadership & Key People
Officers and directors from IRS filings
Foundry is led by Susan B Russell, President on every filing since 2020; none of the 2 officers listed in 2023 report compensation.
Officers on the 2023 filing
Susan B Russell
President
On filings since 2020
5 hrs/week
No compensation reported
Cynthia Herbert
Director
On filings since 2020
5 hrs/week
$4K (2020) → $0 (2023)
Former officers (1)
- Former: Richard C. Marcus (2020–2022) — Secretary & Treasurer
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2020 IRS filing
The highest reported compensation on the 2020 filing was $4K, to Cynthia Herbert (Director).
Frequently asked questions about Foundry
How much does Foundry give each year?
Foundry gave $2K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $500 across 1 grant.
What is Foundry?
Foundry is a private foundation focused on Education, based in Austin, TX.
Where does Foundry operate?
Foundry has awarded grants in Texas.
What is Foundry's EIN?
Foundry's EIN (Employer Identification Number) is 90-0505429. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 14, 2023)
- IRS filings on file for fiscal years 2020–2023
Explore Open Grants
Browse active grant opportunities in Foundry's focus areas in our free grants database
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