K-Ed Foundation
K-Ed Foundation is a private foundation based in Frisco, Texas. Its 2025 filing reports 12 charitable contributions totaling $2,460,200 to organizations including ministries, a radio network, schools, a church, and other charitable organizations.
K-Ed Foundation at a glance
In short: K-Ed Foundation gave $2.5M across 12 grants in 2025 (avg $205K), mostly in Missouri. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,460,200
- -44.2% vs 2024
- Grants made (2025)
- 12
- -36.8% vs 2024
- Average grant
- $205,017
- -11.7% vs 2024
- Median grant
- $22,500
- Total assets
- $10,931,415
- -13.2% vs 2024
- Primary geography
- Missouri (61% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to K-Ed Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 8339 Kara Creek Road, Frisco, TX 75036
Phone: (575) 623-4618
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who K-Ed Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Convoy of Hope ($1.5M). Together the top 10 received $2.4M.
Grant Size Distribution
39 grants across all recorded years
The most common grant size was under $50K: 22 grants of 39 (56%).
Geographic Focus
Where this funder awards grants
In 2025, the largest shares of grant dollars by recipient state were Missouri (61%), California (12%), Georgia (11%), Michigan (6%), and Texas (6%). These figures describe the locations of 2025 grant recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
States
Cities
How K-Ed Foundation gives
- 58% of 2025 grantees were also funded in 2024. Method
- Giving grew 23% from 2022 to 2025. Method
- In 2025 it paid out 372% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $1.8M (2023) to $4.4M (2024). In 2025 it made 12 grants totaling $2.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Convoy of Hope Springfield, MO | Charitable Contribution to 501(C)3 Nonprofit | $1,500,000 |
| Adult & Teen Challenge of NM Columbus, GA | Charitable Contribution to 501(C)3 Nonprofit | $275,000 |
| K-Love Radio Network Rocklin, CA | Charitable Contribution to 501(C)3 Nonprofit | $275,000 |
| Redeemed Foundation Fremont, MI | Charitable Contribution to 501(C)3 Nonprofit | $155,200 |
| Vine Ministries Plano, TX | Charitable Contribution to 501(C)3 Nonprofit | $150,000 |
| Harvest Ministries Roswell, NM | Charitable Contribution to 501(C)3 Nonprofit | $25,000 |
| Cornerstone Baptist Church Las Cruces, NM | Charitable Contribution to 501(C)3 Nonprofit | $20,000 |
| Immanual Lutheran School Roswell, NM | Charitable Contribution to 501(C)3 Nonprofit | $15,000 |
| Gateway Christian School Roswell, NM | Charitable Contribution to 501(C)3 Nonprofit | $15,000 |
| The Salvation Army City of Industry, CA | Charitable Contribution to 501(C)3 Nonprofit | $10,000 |
Ready to take the next step with K-Ed Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $10,931,415 | $883,334 | $2,544,496 | $2,460,200 | 12 | $2,460,200 | $883,334 | $660,815 |
| 2024 | $12,592,577 | $1,542,036 | $4,473,383 | $4,409,306 | 19 | $4,409,306 | $1,542,036 | $779,141 |
| 2023 | $15,523,924 | $650,032 | $1,879,362 | $1,798,500 | 7 | $1,798,500 | $569,170 | $786,115 |
| 2022 | $16,753,254 | $-79,724 | $2,025,671 | $2,000,000 | 1 | $2,000,000 | $187,677 | $1,455,440 |
| 2021 | $18,858,649 | $18,858,649 | — | — | — | — | — | $83,974 |
Under IRS private-foundation payout rules, K-Ed Foundation reported a distributable amount of $661K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. One grantee, REDEEMED FOUNDATION, describes its own mission as communicating the Gospel of Jesus Christ by mobilizing, equipping, and funding road crews, production personnel, and other needs involved in artistic and evangelistic interdenominational Christian music ministries.
Grantmaking
In filing year 2025, the foundation reported 12 grants totaling $2,460,200. Grant amounts ranged from $10,000 to $1,500,000, with a median of $22,500.
The largest reported grants were $1,500,000 to CONVOY OF HOPE; $275,000 each to ADULT & TEEN CHALLENGE OF NM and K-LOVE RADIO NETWORK; $155,200 to REDEEMED FOUNDATION; and $150,000 to VINE MINISTRIES. The filing describes the purpose of these grants as charitable contributions to 501(c)(3) nonprofits.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists MORRIS E SCHERTZ as president, HOLLY K SCHERTZ as treasurer, KEENAN C SCHERTZ as vice president, and CAYLE A SCHERTZ as secretary.
K-Ed Foundation is led by Morris E. Schertz, President on every filing since 2021; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Morris E. Schertz
President
On filings since 2021
No compensation reported
Cayle A. Schertz
Secretary
On filings since 2021
No compensation reported
Holly K. Schertz
Treasurer
On filings since 2021
No compensation reported
Keenan C. Schertz
Vice President
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 K-Ed Foundation
How much does K-Ed Foundation give each year?
K-Ed Foundation gave $2.5M across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.4M across 19 grants.
What is K-Ed Foundation's typical grant size?
K-Ed Foundation's median grant in 2025 was $22,500, and its average grant was $205,017, across 12 grants on its 2025 IRS Form 990-PF.
Where does K-Ed Foundation give grants?
K-Ed Foundation gives mostly in Missouri: 61% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were California (12%) and Georgia (11%). The most frequent recipient cities were Roswell, NM (3 grants).
Who are K-Ed Foundation's largest grantees?
K-Ed Foundation's largest 2025 grantees include Convoy of Hope ($1,500,000), Adult & Teen Challenge of NM ($275,000) and K-Love Radio Network ($275,000), according to its 2025 IRS Form 990-PF. Together they received 83% of its itemized 2025 grant dollars.
How large is K-Ed Foundation?
K-Ed Foundation reported $10.9M in total assets on its 2025 IRS Form 990-PF. It paid out $2.5M in qualifying distributions that year, against a required minimum of $661K (roughly 5% of its investment assets).
What does K-Ed Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. See mission & focus areas ↑
How do I apply for a grant from K-Ed Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is K-Ed Foundation's EIN?
K-Ed Foundation's EIN (Employer Identification Number) is 87-2127462. IRS Form 990 filing data is available on this page for 2021–2025.
Does K-Ed Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 25, 2026)
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). K-Ed Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/k-ed-foundation-morg_2e6a9d6b06194cdaac62970fc7cb7f55
BibTeX
@misc{grantable_872127462_2026,
author = {{Grantable}},
title = {{K-Ed Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/k-ed-foundation-morg_2e6a9d6b06194cdaac62970fc7cb7f55},
note = {Accessed 2026-10-16. 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 K-Ed Foundation'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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