Investment and Research in Education Inc
To collect and use the contributions to donate funds to build seminaries, schools, and churches and to perform other religious and educational activities.
Investment and Research in Education Inc at a glance
In short: Investment and Research in Education Inc gave $22.7M across 4 grants in 2024 (avg $5.7M), mostly in Georgia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $22,693,803
- +1384.3% vs 2023
- Grants made (2024)
- 4
- +300.0% vs 2023
- Average grant
- $5,673,451
- +271.1% vs 2023
- Median grant
- $1,188,022
- Total assets
- $62,713,239
- +20.5% vs 2023
- Primary geography
- Georgia (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Investment and Research in Education Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Saint John Evangelist Trust ($20.0M). Together the top 4 received $22.7M.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 3 grants of 12 (25%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How Investment and Research in Education Inc gives
- Giving grew 2772% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $200K (2020) to $22.7M (2024). In 2024 it made 4 grants totaling $22.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Saint John Evangelist Trust Cumming, GA | Religious /Education | $20,000,000 |
| LCNA Atlanta Inc Cumming, GA | Religious /Education | $1,500,000 |
| LC Fund for Priestly Formation Cumming, GA | Religious /Education | $876,044 |
| LCMRC Holdings Houston, TX | Religious /Education | $317,759 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $62,713,239 | $42,318,133 | $26,820,471 | $22,693,803 | 4 | $3,954,273 |
| 2023 | $52,040,658 | $18,655,695 | $2,523,230 | $1,528,963 | 1 | $1,201,656 |
| 2022 | $32,878,693 | $6,883,224 | $3,865,903 | $3,015,879 | 3 | $29,056 |
| 2021 | $38,417,023 | $6,765,730 | $3,994,287 | $790,062 | 3 | $4,217,728 |
| 2020 | $37,322,860 | $2,213,085 | $1,635,469 | $200,000 | 1 | $863,330 |
About Investment and Research in Education Inc
Based on IRS filings
Investment and Research in Education Inc is a public charity focused on religion, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $62.7M in total assets. In 2024, it awarded 4 grants totaling $22.7M. Net investment income was $4.0M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Investment and Research in Education Inc is led by John Connor, Director & President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
John Connor
Director & President
On filings since 2020
1 hr/week
No compensation reported
Hernan Jimenez
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Jesus Villagrasa
Director
On filings since 2020
1 hr/week
No compensation reported
Jose G. Cardenas
Treasurer & Director
On filings since 2020
1 hr/week
No compensation reported
Luis Alberto Hanao
Secretary & Director
On filings since 2023
1 hr/week
No compensation reported
Frank Formolo
Assistant Secretary
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Andreas Schoggl (2020–2022) — Secretary & Director
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 Investment and Research in Education Inc
How much does Investment and Research in Education Inc give each year?
Investment and Research in Education Inc gave $22.7M across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.5M across 1 grant.
What is Investment and Research in Education Inc's typical grant size?
Investment and Research in Education Inc's median grant in 2024 was $1,188,022, and its average grant was $5,673,451, across 4 grants on its 2024 IRS Form 990.
Where does Investment and Research in Education Inc give grants?
Investment and Research in Education Inc gives mostly in Georgia: 99% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Cumming, GA (3 grants).
Does Investment and Research in Education Inc give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Investment and Research in Education Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Religious /Education" (4 grants).
How large is Investment and Research in Education Inc?
Investment and Research in Education Inc reported $62.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $42.3M.
What is Investment and Research in Education Inc?
Investment and Research in Education Inc is a public charity focused on religion, based in Houston, TX. It holds $62.7M in total assets as of 2024.
What is Investment and Research in Education Inc's EIN?
Investment and Research in Education Inc's EIN (Employer Identification Number) is 06-1372326. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Investment and Research in Education Inc funds
Religion Related Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Investment and Research in Education Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Investment and Research in Education Inc funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/investment-and-research-in-education-inc-morg_4e28990b1ab84abda55a977daf4c8a0a
BibTeX
@misc{grantable_061372326_2026,
author = {{Grantable}},
title = {{Investment and Research in Education Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/investment-and-research-in-education-inc-morg_4e28990b1ab84abda55a977daf4c8a0a},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Investment and Research in Education Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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