Independence Preservation Trust

Private foundation · Grantmaker Houston, TX EIN: 76-0606426

Independence Preservation Trust is a private foundation, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it made $500 in qualifying distributions.

Key facts about Independence Preservation Trust

EIN
76-0606426
Latest 990 filing
Form 990-PF, 2024
Total assets
$1,834

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2K

-24.7% YoY

Revenue

—

Qualifying Distributions

$500

-50.0% YoY

Expenses

$601

-60.9% YoY

Under IRS private-foundation payout rules, Independence Preservation Trust reported a distributable amount of $108 for 2024 — the minimum it must pay out in qualifying distributions.

How Independence Preservation Trust gives

  • Giving fell 46% from 2020 to 2023. Method
  • In 2024 it paid out 463% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

BrenhamWaco

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K1 grant2020 3 grants2021 3 grants2022 1 grant2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $1K (2023) to $2K (2022). In 2023 it made 1 grant totaling $1K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 8 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$5K$10K$15K$20K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,834$2,435$3,973
Revenue——$6,000
Expenses$601$1,538$2,806
Qualifying Distributions$500$1,000$2,275
Distributable Amount$108$177$58

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Independence Preservation Trust's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David L. Lane

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • David S. Wolff

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • David V. Gaffney

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Elizabeth W. Rogers

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Independence Preservation Trust

How large is Independence Preservation Trust?

Independence Preservation Trust reported $2K in total assets on its 2024 IRS Form 990-PF. It paid out $500 in qualifying distributions that year, against a required minimum of $108 (roughly 5% of its investment assets).

Where does Independence Preservation Trust operate?

Independence Preservation Trust has awarded grants in Texas.

What is Independence Preservation Trust's EIN?

Independence Preservation Trust's EIN (Employer Identification Number) is 76-0606426. IRS Form 990 filing data is available on this page for 2020–2024.

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

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