Insurance Council of Texas
The organizations mission is to represent its member companies in the regulatory process stay abreast of the events which affect the Tx property casualty insurance industry. It makes recommendations presents testimony on members behalf with the Tx Dept. of Insurance with respect to rates, forms, rules and other issues facing PC insurers.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32.8M
+10.2% YoY
Annual Giving
$33K
-30.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$33K
-30.5% YoY
About Insurance Council of Texas
Based on IRS filings
Insurance Council of Texas is a nonprofit organization, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32.8M in total assets. In 2024, it awarded 1 grants totaling $33K. Net investment income was $976K.
Ready to take the next step with Insurance Council of Texas?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $32,784,179 | $29,746,518 | $28,147,609 |
| Revenue | $2,496,269 | $2,083,189 | $12,401,234 |
| Expenses | $1,981,992 | $2,084,608 | $2,633,523 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $976,463 | $633,550 | $-27,545 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Insurance Council of Texas Education Foundation ($33,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Insurance Council of Texas Education Foundation Austin, TX | Scholarships | $33,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Albert Betts | Executive Director | 55 | $349,819 |
| Paula Harmon | CFO/COO | 40 | $175,644 |
| Rich Johnson | Director of Communications | 40 | $118,169 |
| Nedra Francisco | Assistant Controller | 40 | $104,433 |
| Angie Cervantes | Govt Legislative Affairs Mgr | 40 | $103,890 |
| Michael Gerik | Chair | 2 | — |
| Thomas Fitzpatrick | Director | 2 | — |
| John Stuckemeyer | Director | 2 | — |
| Robert Zeman | Director | 2 | — |
| Scott Gainey | Director | 2 | — |
| Chris Meredith | Director | 2 | — |
| Diane Hirtz | Director | 2 | — |
| Kari King Dial | Director | 2 | — |
| Jeffry Junkas | Director | 2 | — |
| Angela Doss | Treasurer | 2 | — |
| John Henle | Secretary | 2 | — |
| James Kincaid | Director | 2 | — |
| Sabrina Timmins | Director | 2 | — |
| Kevin Matula | Director | 2 | — |
| Luke Horton | Vice Chair | 2 | — |
Frequently Asked Questions
How large is Insurance Council of Texas?
As of 2024, Insurance Council of Texas holds $32.8M in total assets with $2.5M in annual revenue. It awarded 1 grants totaling $33K in 2024.
Where does Insurance Council of Texas operate?
Insurance Council of Texas has awarded grants in Texas.
What size grants does Insurance Council of Texas award?
In 2024, Insurance Council of Texas awarded 1 grants totaling $33K — an average of about $33K per grant, based on its IRS Form 990 filings.
What is Insurance Council of Texas's EIN?
Insurance Council of Texas's EIN (Employer Identification Number) is 74-2662845. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Insurance Council of Texas's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Shell Usa Company Foundation
HOUSTON, TX
Assets
$52.3M
Grants
4,650
Total Given
$16.0M
Texas Instruments Foundation
DALLAS, TX
Assets
$73.0M
Grants
4,484
Total Given
$22.6M
Communities Foundation of Texas Inc
DALLAS, TX
Assets
$1.0B
Grants
2,182
Total Given
$143.6M
Greater Houston Community Foundation
HOUSTON, TX
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
Celanese Foundation
IRVING, TX
Assets
—
Grants
1,423
Total Given
$1.8M
Once Upon a Time Foundation
FORT WORTH, TX
Assets
$276.7M
Grants
1,039
Total Given
$10.7M
Baker Hughes Foundation
HOUSTON, TX
Assets
$2.2M
Grants
990
Total Given
$3.2M
Bnsf Railway Foundation
FORT WORTH, TX
Assets
$1.7M
Grants
920
Total Given
$6.1M
Community Foundation of North Texas (tax
FORT WORTH, TX
Assets
$544.9M
Grants
872
Total Given
$41.3M
The Houston Food Bank
HOUSTON, TX
Assets
$156.8M
Grants
866
Total Given
$282.6M
Michael & Susan Dell Foundation
AUSTIN, TX
Assets
—
Grants
835
Total Given
$164.6M
American Heart Association Inc
DALLAS, TX
Assets
$1.9B
Grants
794
Total Given
$227.6M
More Funders in Texas
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Insurance Council of Texas 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