Graves Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO CITY, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 11 grants totaling $140K. Net investment income was $176K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
+4.9% YoY
Annual Giving
$140K
+0.0% YoY
Grant Count
11
+10.0% YoY
Avg Grant Size
$13K
-9.1% YoY
Under IRS private-foundation payout rules, Graves Foundation Inc reported a distributable amount of $149K for 2024 — the minimum it must pay out in qualifying distributions.
About Graves Foundation Inc
Based on IRS filings
Graves Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO CITY, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 11 grants totaling $140K. Net investment income was $176K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,018,134 | $2,878,399 | $2,720,852 |
| Revenue | $208,805 | $151,051 | $211,544 |
| Expenses | $177,975 | $190,574 | $191,515 |
| Qualifying Distributions | $140,000 | $140,000 | $160,000 |
| Net Investment Income | $175,790 | $112,183 | $176,207 |
| Distributable Amount | $148,642 | $138,128 | $140,205 |
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
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mercy Ships ($36,000), Christian Outreach Food Ministries ($35,000), Be a Vanessa Scholarship - Tyra Ochoa Scholarship Fund ($18,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BE A VANESSA SCHOLARSHIP - TYRA OCHOA SCHOLARSHIP FUND DENVER, CO | SCHOLARSHIPS | $18,500 |
| BOYS AND GIRLS CLUBS OF CENTRAL TEXAS KILLEEN, TX | SCHOLARSHIPS | $1,000 |
| CHRISTIAN OUTREACH FOOD MINISTRIES CROWELL, TX | GENERAL DONATION TO USE WHERE NEEDED | $35,000 |
| CHRISTIAN COMMUNITY COMPASSION CENTER INC AUSTIN, TX | GENERAL DONATION TO USE WHERE NEEDED | $7,000 |
| JOSH HULME MEMORIAL SCHOLARSHIP ABILENE, TX | SCHOLARSHIPS | $18,000 |
| MERCY SHIPS GARDEN VALLEY, TX | GENERAL DONATIN TO USE WHERE NEEDED | $36,000 |
| THE CENTER-PREGNANCY RESOURCE CENTER IN VERNON WICHITA FALLS, TX | GENERAL DONATION TO USE WHERE NEEDED | $7,500 |
| CROWELL METHODIST CHURCH CROWELL, TX | GENERAL DONATION TO USE WHERE NEEDED | $9,000 |
| FIRST PRESBYTERIAN CHURCH OF HARRISBURG IL HARRISBURG, IL | GENERAL DONATION TO USE WHERE NEEDED | $4,000 |
| HARRISBURG MEDICAL CENTER FOUNDATION HARRISBURG, IL | GENERAL DONATION TO USE WHERE NEEDED | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN GRAVES | DIRECTOR | — | — |
| DANIEL SHELLEY | DIRECTOR | — | — |
| BILL GRAVES | DIRECTOR | — | — |
| JIM CLAYTON | DIRECTOR | — | — |
| LILIANA CORDOBA GRAVES | DIRECTOR | — | — |
| KRISTEN DANIEL | DIRECTOR | — | — |
| ELIZABETH TARTER | VICE PRESIDENT | — | — |
| BRENDA HAMMOND | TREASURER/BINGO CHAIR | — | — |
| JO ELLEN WOOD | PRESIDENT | — | — |
| LINDA CHURCH GRAVES | DIRECTOR | — | — |
| REBECCA GARZA | SECRETARY | — | — |
| TYLER WOOD | DIRECTOR | — | — |
| SARA TYRA | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Graves Foundation Inc?
Graves Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO CITY, TX. It holds $3.0M in total assets as of 2024.
How large is Graves Foundation Inc?
As of 2024, Graves Foundation Inc holds $3.0M in total assets with $209K in annual revenue. It awarded 11 grants totaling $140K in 2024.
Where does Graves Foundation Inc operate?
Graves Foundation Inc has awarded grants in Colorado, Illinois, Minnesota, Texas.
What size grants does Graves Foundation Inc award?
In 2024, Graves Foundation Inc awarded 11 grants totaling $140K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Graves Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Graves Foundation Inc reported a distributable amount of $149K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Graves Foundation Inc's EIN?
Graves Foundation Inc's EIN (Employer Identification Number) is 20-0461429. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Graves Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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