Kelye and Cynthia Stites is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHLAND HILLS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 6 grants totaling $228K. Net investment income was $136K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.4M
-2.2% YoY
Annual Giving
$228K
+7.5% YoY
Grant Count
6
-14.3% YoY
Avg Grant Size
$38K
+25.4% YoY
Under IRS private-foundation payout rules, Kelye and Cynthia Stites reported a distributable amount of $257K for 2024 — the minimum it must pay out in qualifying distributions.
About Kelye and Cynthia Stites
Based on IRS filings
Kelye and Cynthia Stites is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHLAND HILLS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 6 grants totaling $228K. Net investment income was $136K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,424,644 | $4,522,195 | $4,651,599 |
| Revenue | $174,016 | $120,634 | $110,782 |
| Expenses | $271,567 | $250,038 | $191,357 |
| Qualifying Distributions | $232,428 | $215,217 | $156,280 |
| Net Investment Income | $136,146 | $86,934 | $75,705 |
| Distributable Amount | $256,507 | $230,889 | $234,923 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Compass Church ($80,205), God Behind Bars ($50,000), The Gatehouse ($48,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GOD BEHIND BARS HENDERSON, NV | GENERAL SUPPORT | $50,000 |
| HIS STORY GRAPEVINE, TX | SUPPORT TO PROVIDE COUNSELING FOR LOWER INCOME CLIENTS | $25,000 |
| NEW HORIZONS OF NORTH TEXAS SOUTHLAKE, TX | GENERAL SUPPORT | $21,132 |
| THE GATEHOUSE WESTLAKE, TX | GENERAL SUPPORT | $48,000 |
| COMPASS CHURCH COLLEYVILLE, TX | GENERAL SUPPORT | $80,205 |
| MISES INSTITUTE AUBURN, AL | GENERAL SUPPORT | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KELYE B STITES | OFFICER | 0.5 | — |
| CYNTHIA R STITES | OFFICER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kelye and Cynthia Stites?
Kelye and Cynthia Stites is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHLAND HILLS, TX. It holds $4.4M in total assets as of 2024.
How large is Kelye and Cynthia Stites?
As of 2024, Kelye and Cynthia Stites holds $4.4M in total assets with $174K in annual revenue. It awarded 6 grants totaling $228K in 2024.
Where does Kelye and Cynthia Stites operate?
Kelye and Cynthia Stites has awarded grants in Alabama, Nevada, Texas, Washington.
What size grants does Kelye and Cynthia Stites award?
In 2024, Kelye and Cynthia Stites awarded 6 grants totaling $228K — an average of about $38K per grant, based on its IRS Form 990 filings.
How much is Kelye and Cynthia Stites required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kelye and Cynthia Stites reported a distributable amount of $257K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kelye and Cynthia Stites's EIN?
Kelye and Cynthia Stites's EIN (Employer Identification Number) is 82-3179379. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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