Friends of C E Inc is a private foundation focused on Education, based in FORT WORTH, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $12K in total assets. In 2024, it awarded 1 grants totaling $10K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12K
+9.8% YoY
Annual Giving
$10K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$10K
+0.0% YoY
Under IRS private-foundation payout rules, Friends of C E Inc reported a distributable amount of $567 for 2024 — the minimum it must pay out in qualifying distributions.
About Friends of C E Inc
Based on IRS filings
Friends of C E Inc is a private foundation focused on Education, based in FORT WORTH, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $12K in total assets. In 2024, it awarded 1 grants totaling $10K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,815 | $10,757 | $6,982 |
| Revenue | $11,502 | $15,000 | $9,000 |
| Expenses | $10,444 | $11,225 | $10,931 |
| Qualifying Distributions | $10,222 | $10,613 | $10,466 |
| Net Investment Income | — | — | — |
| Distributable Amount | $567 | $336 | $415 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ailyn Gutierrez ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Ailyn Gutierrez Arlington, TX | Engineering Scholarshipto the University ofTexas at Arlington | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Derek Baker | President | 1 | — |
| Graham Feil | Vice President | 1 | — |
| Ashley Nguyenminh | Secretary | 1 | — |
| Ellen Dinh | Director at Large | 1 | — |
| John Aughinbaugh | Director | 1 | — |
| Art Davies | Director | 1 | — |
| Phil Deaton | Director | 1 | — |
| Dayle Clark | Director | 1 | — |
| Berry Grubbs | Director | 1 | — |
| Richard Mayes | Director | 1 | — |
| Edward Motley | Director | 1 | — |
| Landon King | Director | 1 | — |
| Melanie Sattler | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of C E Inc?
Friends of C E Inc is a private foundation focused on Education, based in FORT WORTH, TX. It holds $12K in total assets as of 2024.
How large is Friends of C E Inc?
As of 2024, Friends of C E Inc holds $12K in total assets with $12K in annual revenue. It awarded 1 grants totaling $10K in 2024.
Where does Friends of C E Inc operate?
Friends of C E Inc has awarded grants in Texas.
What size grants does Friends of C E Inc award?
In 2024, Friends of C E Inc awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Friends of C E Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Friends of C E Inc reported a distributable amount of $567 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Friends of C E Inc's EIN?
Friends of C E Inc's EIN (Employer Identification Number) is 35-2215262. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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