Generational Benevolance Inc

Private foundation · Grantmaker Richardson, TX EIN: 88-4170425

Generational Benevolance Inc is a private foundation, based in Richardson, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $107K in total assets. In 2024, it awarded 6 grants totaling $23K. Net investment income was $2K.

Generational Benevolance Inc at a glance

In short: Generational Benevolance Inc gave $23K across 6 grants in 2024 (avg $4K), mostly in Texas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$22,630
-16.8% vs 2023
Grants made (2024)
6
+50.0% vs 2023
Average grant
$3,772
-44.5% vs 2023
Median grant
$1,115
Total assets
$106,905
-0.1% vs 2023
Primary geography
Texas (81% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Generational Benevolance Inc funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Chase Oaks Church: $15KChase Oaks Church$15KIntervarsity Christian Fellowship: $4KIntervarsity ChristianFellowship$4KYMCA: $1KYMCA$1KOrphan Outreach: $1KOrphan Outreach$1KInternational Students Incorporated: $1KInternational StudentsIncorporated$1KCampus Crusade for Christ: $300Campus Crusade for Christ$300

The largest 2024 recipient was Chase Oaks Church ($15K). Together the top 6 received $23K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

PlanoArlingtonMadisonOrlandoCoppell

How Generational Benevolance Inc gives

  • In 2024 it paid out 846% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants2022 4 grants2023 6 grants2024

From 2023 to 2024, annual grant giving ranged from $23K (2024) to $27K (2023). In 2024 it made 6 grants totaling $23K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Chase Oaks Church Plano, TXDonee's General Fund$15,100
Intervarsity Christian Fellowship Madison, WIDonee's General Fund$4,000
YMCA Coppell, TXDonee's General Fund$1,200
Orphan Outreach Plano, TXDonee's General Fund$1,030
International Students Incorporated Arlington, TXDonee's General Fund$1,000
Campus Crusade for Christ Orlando, FLDonee's General Fund$300
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$106,905$20,080$24,351$22,6306$22,630$1,560$2,675
2023$106,996$35,500$27,200$27,2004$27,200$3,300$2,529
2022$100,000$100,650$650—————

Under IRS private-foundation payout rules, Generational Benevolance Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Generational Benevolance Inc is led by Jeremy Thomason, President on every filing since 2022; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jeremy Thomason

    President

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Laura Thomason

    Vice President

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Riley Thomason

    Secretary

    On filings since 2022

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "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 Generational Benevolance Inc

How much does Generational Benevolance Inc give each year?

Generational Benevolance Inc gave $23K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $27K across 4 grants.

What is Generational Benevolance Inc's typical grant size?

Generational Benevolance Inc's median grant in 2024 was $1,115, and its average grant was $3,772, across 6 grants on its 2024 IRS Form 990-PF.

Where does Generational Benevolance Inc give grants?

Generational Benevolance Inc gives mostly in Texas: 81% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Wisconsin (18%). The most frequent recipient cities were Plano, TX (2 grants).

Does Generational Benevolance Inc give general operating support?

Yes: 100% of Generational Benevolance Inc's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Generational Benevolance Inc's largest grantees?

Generational Benevolance Inc's largest 2024 grantees include Chase Oaks Church ($15,100), Intervarsity Christian Fellowship ($4,000) and YMCA ($1,200), according to its 2024 IRS Form 990-PF. Together they received 90% of its itemized 2024 grant dollars.

How large is Generational Benevolance Inc?

Generational Benevolance Inc reported $107K in total assets on its 2024 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

What is Generational Benevolance Inc's EIN?

Generational Benevolance Inc's EIN (Employer Identification Number) is 88-4170425. IRS Form 990 filing data is available on this page for 2022–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Generational Benevolance Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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