Keene Family Foundation

COLLEYVILLE, TX EIN: 88-4418495

Keene Family Foundation is a private foundation focused on Human Services, based in COLLEYVILLE, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $389K in total assets. In 2024, it awarded 5 grants totaling $65K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$389K

+6.3% YoY

Annual Giving

$65K

-32.3% YoY

Grant Count

-16.7% YoY

Avg Grant Size

$13K

-18.8% YoY

Under IRS private-foundation payout rules, Keene Family Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

About Keene Family Foundation

Based on IRS filings

Focus Areas

Human Services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $76K (47%)

Virginia $50K (31%)

Oklahoma $35K (22%)

States

Oklahoma Texas Virginia

Cities

ArgyleDallasOwassoPlanoVirginia Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$388,877	$365,796	$401,013
Revenue	$26,809	$173,842	$401,099
Expenses	$73,072	$108,446	—
Qualifying Distributions	$65,541	$97,245	—
Net Investment Income	$8,065	$171,353	—
Distributable Amount	$18,911	$16,771	$704

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Navy Seal Foundation ($25,000), Ranch Hand Rescue Counseling ($25,000), First Liberty Institute ($5,000).

Recipient	Purpose	Amount
FIRST LIBERTY INSTITUTE PLANO, TX	TO SUPPORT THE DEFENSE OF RELIGIOUS LIBERTY OF AMERICANS	$5,000
FOLDS OF HONOR OWASSO, OK	TO SUPPORT FAMILIES OF FALLEN SERVICE MEMBERS AND DISABLED SERVICE MEMBERS	$5,000
NAVY SEAL FOUNDATION VIRGINIA BEACH, VA	TO SUPPORT ACTIVE DUTY SEALS, VETERANS AND FAMILIES OF NAVAL SPECIAL WARFARE	$25,000
RANCH HAND RESCUE COUNSELING ARGYLE, TX	TO HELP COMBAT SEX TRAFFICKING AND PROVIDE HELP FOR THOSE IMPACTED BY IT	$25,000
RANCH HAND RESCUE COUNSELING ARGYLE, TX	TO SUPPORT TRAUMA THERAPY FOR THOSE WHO HAVE SUFFERED CHILDHOOD ABUSE	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THOMAS CRAIG KEENE	VICE PRESIDENT	—	—
CATHERINE ULLRICH KEENE	PRESIDENT	—	—
TOMMY KEENE	TREASURER	—	—

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is Keene Family Foundation?

Keene Family Foundation is a private foundation focused on Human Services, based in COLLEYVILLE, TX. It holds $389K in total assets as of 2024.

How large is Keene Family Foundation?

As of 2024, Keene Family Foundation holds $389K in total assets with $27K in annual revenue. It awarded 5 grants totaling $65K in 2024.

Where does Keene Family Foundation operate?

Keene Family Foundation has awarded grants in Oklahoma, Texas, Virginia.

What size grants does Keene Family Foundation award?

In 2024, Keene Family Foundation awarded 5 grants totaling $65K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Keene Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Keene Family Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.