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
Ready to take the next step with Graves Foundation Inc?
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
Similar Funders
Funders that support many of the same organizations
Ershel Franklin Charitable Trust
POST, TX
Assets
$9.6M
Grants
22
Total Given
$464K
The Lynda and Tom C Nichols Foundation
DALLAS, TX
Assets
$510K
Grants
4
Total Given
$28K
Manitou Fund
WHITE BEAR LAKE, MN
Assets
—
Grants
164
Total Given
$20.1M
Moriah Foundation
COLORADO SPRINGS, CO
Assets
$6.1M
Grants
68
Total Given
$3.3M
Ezcorp Foundation
ROLLINGWOOD, TX
Assets
$1.1M
Grants
52
Total Given
$50K
Edge Eugene Iii Charitable Trust
SAINT LOUIS, MO
Assets
—
Grants
47
Total Given
$742K
Wend II Inc
BENTONVILLE, AR
Assets
$148.7M
Grants
155
Total Given
$56.6M
B a and E W Steinhagen Benevolent Trust
NEW ORLEANS, LA
Assets
$6.7M
Grants
22
Total Given
$436K
Robert C and Mary E
WICHITA, KS
Assets
$9.3M
Grants
35
Total Given
$353K
Rc Johnson Jr Foundation Inc
LUBBOCK, TX
Assets
$3.5M
Grants
15
Total Given
$225K
WK Kellogg Foundation
BATTLE CREEK, MI
Assets
$454.4M
Grants
1,778
Total Given
$286.5M
Virginia & Christian Groneman Charitable
SAINT LOUIS, MO
Assets
$905K
Grants
6
Total Given
$38K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Graves Foundation Inc 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