Generational Benevolance Inc
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
The largest 2024 recipient was Chase Oaks Church ($15K). Together the top 6 received $23K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
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
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
| Recipient | Purpose | Amount |
|---|---|---|
| Chase Oaks Church Plano, TX | Donee's General Fund | $15,100 |
| Intervarsity Christian Fellowship Madison, WI | Donee's General Fund | $4,000 |
| YMCA Coppell, TX | Donee's General Fund | $1,200 |
| Orphan Outreach Plano, TX | Donee's General Fund | $1,030 |
| International Students Incorporated Arlington, TX | Donee's General Fund | $1,000 |
| Campus Crusade for Christ Orlando, FL | Donee's General Fund | $300 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $106,905 | $20,080 | $24,351 | $22,630 | 6 | $22,630 | $1,560 | $2,675 |
| 2023 | $106,996 | $35,500 | $27,200 | $27,200 | 4 | $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
- IRS filings on file for fiscal years 2022–2024
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—
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$539K
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