TO COLLECT AND USE THE CONTRIBUTIONS TO DONATE FUNDS TO BUILD SEMINARIES, SCHOOLS, AND CHURCHES AND TO PERFORM OTHER RELIGIOUS AND EDUCATIONAL ACTIVITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$62.7M
+20.5% YoY
Annual Giving
$22.7M
+1384.3% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$5.7M
+271.1% YoY
About Investment and Research in Education Inc
Based on IRS filings
Investment and Research in Education Inc is a nonprofit organization focused on Religion Related, 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $62,713,239 | $52,040,658 | $32,878,693 |
| Revenue | $42,318,133 | $18,655,695 | $6,883,224 |
| Expenses | $26,820,471 | $2,523,230 | $3,865,903 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,954,273 | $1,201,656 | $29,056 |
| 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 4 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Saint John Evangelist Trust ($20,000,000), LCNA Atlanta Inc ($1,500,000), LC Fund for Priestly Formation ($876,044).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN CONNOR | DIRECTOR AND PRESIDENT | 1 | — |
| HERNAN JIMENEZ | DIRECTOR & VICE PRESIDENT | 1 | — |
| LUIS ALBERTO HANAO | SECRETARY & DIRECTOR | 1 | — |
| JOSE G CARDENAS | TREASURER & DIRECTOR | 1 | — |
| Jesus Villagrasa | Director | 1 | — |
| FRANK FORMOLO | ASSISTANT SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Investment and Research in Education Inc?
Investment and Research in Education Inc is a nonprofit organization focused on Religion Related, based in HOUSTON, TX. It holds $62.7M in total assets as of 2024.
How large is Investment and Research in Education Inc?
As of 2024, Investment and Research in Education Inc holds $62.7M in total assets with $42.3M in annual revenue. It awarded 4 grants totaling $22.7M in 2024.
Where does Investment and Research in Education Inc operate?
Investment and Research in Education Inc has awarded grants in Georgia, Texas, Wisconsin.
What size grants does Investment and Research in Education Inc award?
In 2024, Investment and Research in Education Inc awarded 4 grants totaling $22.7M — an average of about $5.7M per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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