Karl Keesy Tr First Presbyterian Church

DALLAS, TX EIN: 74-6186293

Karl Keesy Tr First Presbyterian Church is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 1 grants totaling $98K. Net investment income was $155K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+2.4% YoY

Annual Giving

$98K

+0.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$98K

+0.1% YoY

Under IRS private-foundation payout rules, Karl Keesy Tr First Presbyterian Church reported a distributable amount of $117K for 2024 — the minimum it must pay out in qualifying distributions.

About Karl Keesy Tr First Presbyterian Church

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $426K (100%)

States

Texas

Cities

Galveston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,938,975	$1,893,530	$1,961,558
Revenue	$171,304	$52,787	$49,451
Expenses	$123,863	$120,530	$128,174
Qualifying Distributions	$107,592	$106,558	$108,391
Net Investment Income	$154,675	$41,311	$35,210
Distributable Amount	$117,347	$106,655	$108,572

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Presbyterian Church ($98,220).

Recipient	Purpose	Amount
FIRST PRESBYTERIAN CHURCH GALVESTON, TX	UNRESTRICTED GENERAL	$98,220

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$22,181

Frequently Asked Questions

How large is Karl Keesy Tr First Presbyterian Church?

As of 2024, Karl Keesy Tr First Presbyterian Church holds $1.9M in total assets with $171K in annual revenue. It awarded 1 grants totaling $98K in 2024.

Where does Karl Keesy Tr First Presbyterian Church operate?

Karl Keesy Tr First Presbyterian Church has awarded grants in Texas.

What size grants does Karl Keesy Tr First Presbyterian Church award?

In 2024, Karl Keesy Tr First Presbyterian Church awarded 1 grants totaling $98K — an average of about $98K per grant, based on its IRS Form 990 filings.

How much is Karl Keesy Tr First Presbyterian Church required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Karl Keesy Tr First Presbyterian Church reported a distributable amount of $117K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Karl Keesy Tr First Presbyterian Church's EIN?

Karl Keesy Tr First Presbyterian Church's EIN (Employer Identification Number) is 74-6186293. IRS Form 990 filing data is available on this page for 2020–2024.