Gaither Foundation

Private foundation · Grantmaker Houston, TX EIN: 76-0457657

Gaither Foundation is a private foundation, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $489K in total assets. In 2024, it awarded 1 grant totaling $14K. Net investment income was $28K.

Key facts about Gaither Foundation

In short: Gaither Foundation gave $14K across 1 grant in 2024 (avg $14K), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN
76-0457657
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$14,000
Grants made (2024)
1
Average grant
$14,000
Median grant
$14,000
Total assets
$489,306
Primary geography
Texas (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$489K

+2.8% YoY

Annual Giving

$14K

-66.1% YoY

Grant Count

1

-75.0% YoY

Avg Grant Size

$14K

+35.6% YoY

Under IRS private-foundation payout rules, Gaither Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

How Gaither Foundation gives

  • Giving fell 64% from 2021 to 2024. Method
  • In 2024 it paid out 53% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

HoustonKatyStaffordWaco

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K3 grants2020 4 grants2021 2 grants2022 4 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $11K (2022) to $41K (2023). In 2024 it made 1 grant totaling $14K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Impact A Hero: $14KImpact A Hero$14K

The largest 2024 recipient was Impact A Hero ($14K).

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 14 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Impact A Hero Houston, TXGeneral Needs$14,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$489,306$476,023$500,962
Revenue$29,687$29,450$69,931
Expenses$15,395$54,102$60,519
Qualifying Distributions$14,000$41,300$11,250
Net Investment Income$28,292$16,648$20,662
Distributable Amount$26,200—$26,535

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Gaither Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David Gaither

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Dona Guerrero

    Secretary

    On filings since 2020

    10 hrs/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 Gaither Foundation

How much does Gaither Foundation give each year?

Gaither Foundation gave $14K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $41K across 4 grants.

How large is Gaither Foundation?

Gaither Foundation reported $489K in total assets on its 2024 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Gaither Foundation operate?

Gaither Foundation has awarded grants in Texas.

What is Gaither Foundation's EIN?

Gaither Foundation's EIN (Employer Identification Number) is 76-0457657. IRS Form 990 filing data is available on this page for 2020–2024.

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

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