Good News Foundation of Texas
Good News Foundation of Texas is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MISSOURI CITY, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.4M in total assets. In 2024, it awarded 10 grants totaling $650K. Net investment income was $217K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.4M
-0.2% YoY
Annual Giving
$650K
+202.3% YoY
Grant Count
10
+233.3% YoY
Avg Grant Size
$65K
-9.3% YoY
Under IRS private-foundation payout rules, Good News Foundation of Texas reported a distributable amount of $655K for 2024 — the minimum it must pay out in qualifying distributions.
About Good News Foundation of Texas
Based on IRS filings
Good News Foundation of Texas is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MISSOURI CITY, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.4M in total assets. In 2024, it awarded 10 grants totaling $650K. Net investment income was $217K.
Focus Areas
Ready to take the next step with Good News Foundation of Texas?
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 | $12,353,148 | $12,378,993 | $12,481,225 |
| Revenue | $-675,020 | $-418,611 | $-747,148 |
| Expenses | $821,780 | $374,007 | $202,741 |
| Qualifying Distributions | $679,612 | $240,137 | $36,687 |
| Net Investment Income | $216,697 | $215,894 | $177,173 |
| Distributable Amount | $655,265 | $625,109 | $612,327 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Amazon Outreach Inc ($150,000), The King's Academy ($105,000), Changing Destiny Project ($95,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHANGING DESTINY PROJECT HOUSTON, TX | SUPPORT GENERAL FUND | $95,000 |
| AMAZON OUTREACH INC PLANO, TX | SUPPORT GENERAL FUND | $150,000 |
| BAYOU CITY BLESSINGS HOUSTON, TX | SUPPORT GENERAL FUND | $40,000 |
| BONTON FARMS DALLAS, TX | SUPPORT GENERAL FUND | $50,000 |
| BUCKENER PARKWAY PLACE SENIOR HOUSTON, TX | SUPPORT GENERAL FUND | $35,000 |
| CENTER FOR PURSUIT HOUSTON, TX | SUPPORT GENERAL FUND | $30,000 |
| CASA EL BUEN SAMARITANO HOUSTON, TX | SUPPORT GENERAL FUND | $75,000 |
| GRACEWOOD HOUSTON, TX | SUPPORT GENERAL FUND | $35,000 |
| STONEY CREEK RANCH NEW ULM, TX | SUPPORT GENERAL FUND | $35,000 |
| THE KING'S ACADEMY HOUSTON, TX | SUPPORT GENERAL FUND | $105,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| C LEN BENCKENSTEIN | CHAIRMAN EMERITUS | 0.1 | — |
| PAMELA DANIEL | DIRECTOR/SECRETARY/TREASURER | 0.25 | $19,000 |
| NEAL JOHNSON ELLIS | DIRECTOR | 0.1 | $19,000 |
| JOHN BENCKENSTEIN | DIRECTOR/CHAIRMAN | 0.1 | $19,000 |
| JACOB JOHNSON | DIRECTOR | 0.1 | — |
| JAY CHADHA | DIRECTOR | 0.1 | $19,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Good News Foundation of Texas?
Good News Foundation of Texas is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MISSOURI CITY, TX. It holds $12.4M in total assets as of 2024.
How large is Good News Foundation of Texas?
As of 2024, Good News Foundation of Texas holds $12.4M in total assets with $-675,020 in annual revenue. It awarded 10 grants totaling $650K in 2024.
Where does Good News Foundation of Texas operate?
Good News Foundation of Texas has awarded grants in Texas.
What size grants does Good News Foundation of Texas award?
In 2024, Good News Foundation of Texas awarded 10 grants totaling $650K — an average of about $65K per grant, based on its IRS Form 990 filings.
How much is Good News Foundation of Texas required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Good News Foundation of Texas reported a distributable amount of $655K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Good News Foundation of Texas's EIN?
Good News Foundation of Texas's EIN (Employer Identification Number) is 84-2034803. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Good News Foundation of Texas's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Crystelle Waggoner Charitable Trust
DALLAS, TX
Assets
$13.5M
Grants
41
Total Given
$3.9M
Nelson & Debbie Fox Charitable Fdtn
LUBBOCK, TX
Assets
$329K
Grants
9
Total Given
$90K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Good News Foundation of Texas on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Good News Foundation of Texas to a real strategy.