Heart of Texas Charitable Trust is a private foundation focused on N/A, based in PITTSBURGH, PA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 7 grants totaling $62K. Net investment income was $634K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.2M
+26.1% YoY
Annual Giving
$62K
+53.7% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$9K
+75.6% YoY
Under IRS private-foundation payout rules, Heart of Texas Charitable Trust reported a distributable amount of $217K for 2024 — the minimum it must pay out in qualifying distributions.
About Heart of Texas Charitable Trust
Based on IRS filings
Heart of Texas Charitable Trust is a private foundation focused on N/A, based in PITTSBURGH, PA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 7 grants totaling $62K. Net investment income was $634K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $4,162,784 | $3,301,024 |
| Revenue | $1,035,426 | $4,082,767 |
| Expenses | $128,637 | $70,181 |
| Qualifying Distributions | $72,197 | $43,376 |
| Net Investment Income | $633,716 | $121,109 |
| Distributable Amount | $217,171 | $63,954 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Roby Church of Christ ($13,675), 37th Street Church of Christ ($11,112), Austin Avenue Church of Christ ($7,535).
| Recipient | Purpose | Amount |
|---|---|---|
| AUSTIN AVENUE CHURCH OF CHRIST BROWNWOOD, TX | GENERAL OPERATING | $7,535 |
| TEXAS LIONS LEAGUE FOR CHILDREN KERRVILLE, TX | GENERAL OPERATING | $7,459 |
| CHEROKEE HOME FOR CHILDREN CHEROKEE, TX | GENERAL OPERATING | $7,459 |
| CAL FARLEY'S BOYS RANCH AMARILLO, TX | GENERAL OPERATING | $7,459 |
| WEST TEXAS REHABILITATION CENTER ABILENE, TX | GENERAL OPERATING | $7,459 |
| ROBY CHURCH OF CHRIST ROBY, TX | GENERAL OPERATING | $13,675 |
| 37TH STREET CHURCH OF CHRIST SNYDER, TX | GENERAL OPERATING | $11,112 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PNC BANK NA | TRUSTEE | 1 | $50,197 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Heart of Texas Charitable Trust?
Heart of Texas Charitable Trust is a private foundation focused on N/A, based in PITTSBURGH, PA. It holds $4.2M in total assets as of 2024.
How large is Heart of Texas Charitable Trust?
As of 2024, Heart of Texas Charitable Trust holds $4.2M in total assets with $1.0M in annual revenue. It awarded 7 grants totaling $62K in 2024.
Where does Heart of Texas Charitable Trust operate?
Heart of Texas Charitable Trust has awarded grants in Texas.
What size grants does Heart of Texas Charitable Trust award?
In 2024, Heart of Texas Charitable Trust awarded 7 grants totaling $62K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Heart of Texas Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Heart of Texas Charitable Trust reported a distributable amount of $217K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Heart of Texas Charitable Trust's EIN?
Heart of Texas Charitable Trust's EIN (Employer Identification Number) is 20-7364459. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Heart of Texas Charitable Trust'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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