KIPP Texas Future Fund

Public charity · Grantmaker Houston, TX EIN: 26-0279655

KIPP Texas Future Fund's mission is to provide capital and operating support to KIPP Texas Public Schools on an as needed basis. In addition, it provides KIPP Texas with a fundraising arm to collect certain contributions from donors.

Key facts about KIPP Texas Future Fund

In short: KIPP Texas Future Fund gave $2.0M across 1 grant in 2025 (avg $2.0M), mostly in Texas. Source: 2025 IRS Form 990.

EIN
26-0279655
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$2,000,000
Grants made (2025)
1
Average grant
$2,000,000
Median grant
$2,000,000
Total assets
$144,128,053
Primary geography
Texas (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$144.1M

+3.4% YoY

Annual Giving

$2.0M

Grant Count

1

Avg Grant Size

$2.0M

About KIPP Texas Future Fund

Based on IRS filings

KIPP Texas Future Fund is a public charity focused on Education, based in Houston, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $144.1M in total assets. In 2025, it awarded 1 grant totaling $2.0M. Net investment income was $7.7M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Houston

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M2 grants2020 0 grants2021 0 grants2022 0 grants2023 0 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $2.0M (2025) to $5.0M (2020). In 2025 it made 1 grant totaling $2.0M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

KIPP Texas Inc: $2.0MKIPP Texas Inc$2.0M

The largest 2025 recipient was KIPP Texas Inc ($2.0M).

Grant Size Distribution

1 grant across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

The most common grant size was in the $1–5M range: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
KIPP Texas Inc Houston, TXPartial forgiveness of note payable$2,000,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$144,128,053$139,400,260$117,603,105
Revenue$7,797,511$16,089,910$2,194,208
Expenses$2,453,242$484,103$432,604
Net Investment Income$7,747,511$6,089,910$2,194,208

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

KIPP Texas Future Fund is led by Sehba Z Ali, CEO Kipp Texas & Inc. since 2023 (on filings since 2021); 1 of 6 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Sehba Z Ali

    CEO Kipp Texas & Inc.

    President From → CEO Kipp Texas & Inc, 2022

    CEO Kipp Texas & Inc → CEO Kipp Texas & Inc., 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Gene Austin

    Chair

    Director From → Board Member, 2022

    Board Member → Chair, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Son Nam Han

    CFO Kipp Texas & Inc.

    Deputy CFO From → CFO Kipp Texas & Inc., 2022

    On filings since 2021

    20 hrs/week

    $75K (2025)

  • Bill Boyar

    Board Member

    Director From → Board Member, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Allison Thacker

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Patricia Ponton

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (9)
  • Former: Jayshree Desai (2020–2023) — Board Member
  • Former: Kent Wallace (2021–2023) — Chair
  • Former: Peter Brodsky (2021–2023) — Board Member
  • Former: David Magdoll (2020–2021) — Director to
  • Former: Debbie Hurwitz (2020–2021) — Vice Chair to
  • Former: Ernie Cockrell (2020–2021) — Director to
  • Former: John C Murphy (2020–2021) — Treasurer & CFO to
  • Former: Peter T Shaper (2020–2021) — Chair to
  • Former: Jaideep Hebbar (2021) — CFO From

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Son Nam Han — CFO KIPP Texas, Inc.: $75KSon Nam HanCFO KIPP Texas, Inc.$75K

The highest reported compensation on the 2025 filing was $75K, to Son Nam Han (CFO KIPP Texas, Inc.).

Frequently asked questions about KIPP Texas Future Fund

How much does KIPP Texas Future Fund give each year?

KIPP Texas Future Fund gave $2.0M across 1 grant in 2025, according to its 2025 IRS Form 990.

How large is KIPP Texas Future Fund?

KIPP Texas Future Fund reported $144.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $7.8M.

What is KIPP Texas Future Fund?

KIPP Texas Future Fund is a public charity focused on Education, based in Houston, TX. It holds $144.1M in total assets as of 2025.

Where does KIPP Texas Future Fund operate?

KIPP Texas Future Fund has awarded grants in Texas.

What is KIPP Texas Future Fund's EIN?

KIPP Texas Future Fund's EIN (Employer Identification Number) is 26-0279655. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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