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Ican Foundation

Foundation · Grantmaker League City, TX EIN: 38-3975862 Website

THE ICAN FOUNDATION IS THE US CHARITABLE ARM OF INEOS, A LARGE, INTEGRATED, INTERNATIONAL CHEMICAL COMPANY. INEOS BELIEVES IT HAS A RESPONSIBILITY TO HELP DEVELOP OUR COUNTRY'S BEST RESOURSE: ITS NEXT GENERATION. THE ICAN FOUNDATION IS A TEXAS 501(C) (3) NON-PROFIT AND VOLUNTEER ORGANIZATION THAT SUPPORTS OUTRERACH EFFORTS FOCUSING ON CHILD HEALTH, EDUCATION, AND THE DEVELOPMENT OF OUR FUTURE WORKFORCE IN HOUSTON AND ITS SURROUNDING AREAS. OUR EFFORTS ARE DIRECTED TOWARDS MAKING A DIFFERNCE IN THE AREAS WHERE WE OPERATE AND LIVE.

Key facts about Ican Foundation

EIN
38-3975862
Latest 990 filing
Form 990, 2025
Total assets
$608,655

Data from IRS Form 990, 2025; updated September 2026.

How Ican Foundation gives

  • Giving held roughly steady from 2020 to 2023 (+5%). Method

From the foundation's IRS Form 990 filings. Methodology.

Next steps with Ican Foundation

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$609K

+11.8% YoY

Revenue

$736K

+33.6% YoY

Net Investment Income

$5K

Expenses

$672K

+45.9% YoY

About Ican Foundation

Based on IRS filings

Ican Foundation is a nonprofit organization focused on Human Services, based in League City, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $609K in total assets. Net investment income was $5K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

AlvinCluteDanburyDeer ParkDickinsonHoustonTexas CityFriendswoodLaporteLeague CityPearlandSanta Fe

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M202020212022202320242025
Metric202520242023
Total Assets$608,655$544,421$454,209
Revenue$736,385$551,153$450,409
Expenses$672,393$460,941$548,545
Qualifying Distributions———
Net Investment Income$4,567——
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 9, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 18, 2026)

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K2 grants20208 grants20215 grants20225 grants2023Total only20240 grants2025

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Leadership & Key People

Officers and directors from IRS filings

Ican Foundation is led by Tim Avery, Chairman since 2022 (on filings since 2020); none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Tim Avery

    Chairman

    President → Chairman, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Rob Osterhold

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Greg Williams

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Marie Boykin

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sara Cassells

    Executive Di

    Secretary → Executive Di, 2025

    On filings since 2020

    40 hrs/week

    No compensation reported

Former officers (2)
  • Former: Kathryn Shuler (2020–2024) — Exex Director & President
  • Former: Dennis Seith (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ican Foundation?

Ican Foundation is a nonprofit organization focused on Human Services, based in League City, TX. It holds $609K in total assets as of 2025.

How large is Ican Foundation?

As of 2025, Ican Foundation holds $609K in total assets with $736K in annual revenue.

Where does Ican Foundation operate?

Ican Foundation has awarded grants in Texas.

What is Ican Foundation's EIN?

Ican Foundation's EIN (Employer Identification Number) is 38-3975862. IRS Form 990 filing data is available on this page for 2020–2025.

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Data last updated September 2026. Sourced from IRS Form 990 filings.

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