K-ed Foundation

FRISCO, TX EIN: 87-2127462

K-ed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRISCO, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $12.6M in total assets. In 2024, it awarded 19 grants totaling $4.4M. Net investment income was $1.5M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.6M

-18.9% YoY

Annual Giving

$4.4M

+145.2% YoY

Grant Count

19

+171.4% YoY

Avg Grant Size

$232K

-9.7% YoY

About K-ed Foundation

Based on IRS filings

K-ed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRISCO, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $12.6M in total assets. In 2024, it awarded 19 grants totaling $4.4M. Net investment income was $1.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AnnaCapitanCity Of IndustryColumbusFort WorthFremontMemphisOmahaOrlandoPlanoPortlandRichardsonRocklinRoswellSiowaSpringfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$16M$21M2021202220232024
Metric202420232022
Total Assets$12,592,577$15,523,924$16,753,254
Revenue$1,542,036$650,032$-79,724
Expenses$4,473,383$1,879,362$2,025,671
Qualifying Distributions$4,409,306$1,798,500$2,000,000
Net Investment Income$1,542,036$569,170$187,677
Distributable Amount$779,141$786,115$1,455,440

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M0 grants20211 grants20227 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CONVOY OF HOPE$2.3MK-LOVE RADIO NETWORK$520KDISCOVERING POWER & PURP…$422KADULT & TEEN CHALLENGE O…$350KREDEEMED FOUNDATION$320KVINE MINISTRIES$173KWAYMAKER CHURCH$100KCRU$42KTHE SALVATION ARMY$33KROSWELL COMMUNITY LITTLE…$25K

Grant Size Distribution

27 grants across all recorded years

15<$50K1$50–100K3$100–250K4$250–500K1$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MORRIS E SCHERTZPRESIDENT
HOLLY K SCHERTZTREASURER
KEENAN C SCHERTZVICE PRESIDENT
CAYLE A SCHERTZSECRETARY

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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