Investar Impact Foundation

Private foundation · Grantmaker Dallas, TX EIN: 87-3645797

Investar Impact Foundation is a private foundation, based in Dallas, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $190K in total assets. In 2024, it awarded 2 grants totaling $140K.

Key facts about Investar Impact Foundation

In short: Investar Impact Foundation gave $140K across 2 grants in 2024 (avg $70K), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN
87-3645797
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$140,082
Grants made (2024)
2
Average grant
$70,041
Median grant
$70,041
Total assets
$190,109
Primary geography
Texas (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$190K

+14.1% YoY

Annual Giving

$140K

+295.7% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$70K

+97.9% YoY

Under IRS private-foundation payout rules, Investar Impact Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

How Investar Impact Foundation gives

  • In 2024 it paid out well above 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

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

DallasIrvingNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2021 1 grant2022 1 grant2023 2 grants2024

From 2022 to 2024, annual grant giving ranged from $5K (2022) to $140K (2024). In 2024 it made 2 grants totaling $140K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Cistercian Preparatory School: $100KCistercian Preparatory School$100KCristo Rey Dallas Academic Center: $40KCristo Rey Dallas AcademicCenter$40K

The largest 2024 recipient was Cistercian Preparatory School ($100K). Together the top 2 received $140K.

Grant Size Distribution

4 grants across all recorded years

3<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 4 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Cistercian Preparatory School Irving, TXTo Renovate Campus Facilities$100,000
Cristo Rey Dallas Academic Center Dallas, TXTo prepare students to make it "to and through" college$40,082

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2021 2022 2023 2024
Metric202420232022
Total Assets$190,109$166,558$117,681
Revenue$174,757$124,729$148,790
Expenses$151,206$59,917$38,485
Qualifying Distributions$151,206$38,476$8,867
Net Investment Income—$1,332—
Distributable Amount$9,103$6,228$69

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Investar Impact Foundation is led by Magdalena Sofia Guzman Hinojosa, Director, President & Secretary since 2022 (on filings since 2021); none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Magdalena Sofia Guzman Hinojosa

    Director, President & Secretary

    Director → Director, President & Secretary, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Maria Gabriela Morales Abiega

    Director & Chairman

    Director → Director & Chairman, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ana Belen Martin Morales

    Directoe & Vice President

    Director → Director & Vice President, 2022

    Director & Vice President → Directoe & Vice President, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mariana Martin Morales

    Directoe & Vice President

    Director → Director & Vice President, 2022

    Director & Vice President → Directoe & Vice President, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Jose Luis Aceves (2022–2023) — Director & Treasurer

Data from IRS Form 990 filings, 2021–2024. "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 Investar Impact Foundation

How much does Investar Impact Foundation give each year?

Investar Impact Foundation gave $140K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $35K across 1 grant.

How large is Investar Impact Foundation?

Investar Impact Foundation reported $190K in total assets on its 2024 IRS Form 990-PF. It paid out $151K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets).

Where does Investar Impact Foundation operate?

Investar Impact Foundation has awarded grants in New York, Texas.

What is Investar Impact Foundation's EIN?

Investar Impact Foundation's EIN (Employer Identification Number) is 87-3645797. IRS Form 990 filing data is available on this page for 2021–2024.

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

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