Harold & Irene Strauss Foundation

WICHITA FALLS, TX EIN: 20-1645282

Harold & Irene Strauss Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WICHITA FALLS, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 4 grants totaling $52K. Net investment income was $114K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.1M

+3.5% YoY

Annual Giving

$52K

+2.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$13K

+2.7% YoY

Under IRS private-foundation payout rules, Harold & Irene Strauss Foundation reported a distributable amount of $59K for 2025 — the minimum it must pay out in qualifying distributions.

About Harold & Irene Strauss Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $276K (100%)

States

Texas

Cities

Wichita Falls

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$1,137,094	$1,098,917	$1,091,999
Revenue	$114,315	$81,007	$64,485
Expenses	$76,338	$73,072	$83,586
Qualifying Distributions	$52,375	$51,000	$63,000
Net Investment Income	$114,315	$81,007	$64,485
Distributable Amount	$58,870	$55,503	$53,632

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Grant Size Distribution

28 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Boys & Gilrs Club ($39,375), Wichita Falls Area Community Foundation ($5,000), Presbyterian Manor ($4,000).

Recipient	Purpose	Amount
BOYS & GILRS CLUB WICHITA FALLS, TX	GREAT FUTURES	$39,375
PRESBYTERIAN MANOR WICHITA FALLS, TX	GOOD SAMARITAN	$4,000
WICHITA FALLS AREA COMMUNITY FOUNDATION WICHITA FALLS, TX	SPIRIT OF PHILANTHROPY CAMPAIGN	$5,000
WICHITA FALLS AREA FOOD BANK WICHITA FALLS, TX	EMPTY BOWLS	$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
DOUGLAS C ARMSTRONG	PRES/DIRECTOR	0.4	—
ROBERT W GOFF JR	SEC/DIRECTOR	0.1	—
SHANNON R RUTLEDGE	DIRECTOR	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Harold & Irene Strauss Foundation?

Harold & Irene Strauss Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WICHITA FALLS, TX. It holds $1.1M in total assets as of 2025.

How large is Harold & Irene Strauss Foundation?

As of 2025, Harold & Irene Strauss Foundation holds $1.1M in total assets with $114K in annual revenue. It awarded 4 grants totaling $52K in 2025.

Where does Harold & Irene Strauss Foundation operate?

Harold & Irene Strauss Foundation has awarded grants in Texas.

What size grants does Harold & Irene Strauss Foundation award?

In 2025, Harold & Irene Strauss Foundation awarded 4 grants totaling $52K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Harold & Irene Strauss Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Harold & Irene Strauss Foundation reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Harold & Irene Strauss Foundation's EIN?

Harold & Irene Strauss Foundation's EIN (Employer Identification Number) is 20-1645282. IRS Form 990 filing data is available on this page for 2021–2025.