Knapp Medical Center Foundation Inc

WESLACO, TX EIN: 74-2213711

Diseases, Disorders & Medical Disciplines

Knapp Medical Center Foundation Inc is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in WESLACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.6M in total assets. In 2024, it awarded 1 grants totaling $500K. Net investment income was $1.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.6M

+5.1% YoY

Annual Giving

$500K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$500K

+0.0% YoY

Under IRS private-foundation payout rules, Knapp Medical Center Foundation Inc reported a distributable amount of $546K for 2024 — the minimum it must pay out in qualifying distributions.

About Knapp Medical Center Foundation Inc

Based on IRS filings

Focus Areas

Diseases, Disorders & Medical Disciplines

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $3.1M (100%)

States

Texas

Cities

Weslaco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$11,555,339	$10,993,446	$10,162,658
Revenue	$1,223,483	$150,858	$-217,702
Expenses	$567,976	$576,489	$562,687
Qualifying Distributions	$500,000	$500,000	$500,000
Net Investment Income	$1,187,167	$116,981	$260,175
Distributable Amount	$545,710	$518,974	$533,615

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

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Knapp Medical Center ($500,000).

Recipient	Purpose	Amount
KNAPP MEDICAL CENTER WESLACO, TX	SUPPORT OPERATIONS OF THE FAMILY PRACTICE PROGRAM	$500,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHELLE CASTELLANOS	PRESIDENT	5	—
PAULA GAMA-GARCIA	VICE PRESIDENT	5	—
NADIA MEDRANO	SECRETARY/TREASURER	5	—
DANIEL LOZANO	DIRECTOR	5	—
MICHAEL GONZALEZ	DIRECTOR	5	—
JESSE SANTANA	DIRECTOR	5	—
ESPERANZA GARZA	DIRECTOR	5	—
JENNIFER SANDER	DIRECTOR	5	—
MARK PEREZ	DIRECTOR	5	—
RAMON MONTALVO	DIRECTOR	5	—
JAIME ORTIZ	DIRECTOR	5	—

Subject Areas

Focus areas based on grantmaking activity

Diseases, Disorders & Medical Disciplines

Frequently Asked Questions

What is Knapp Medical Center Foundation Inc?

Knapp Medical Center Foundation Inc is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in WESLACO, TX. It holds $11.6M in total assets as of 2024.

How large is Knapp Medical Center Foundation Inc?

As of 2024, Knapp Medical Center Foundation Inc holds $11.6M in total assets with $1.2M in annual revenue. It awarded 1 grants totaling $500K in 2024.

Where does Knapp Medical Center Foundation Inc operate?

Knapp Medical Center Foundation Inc has awarded grants in Texas.

What size grants does Knapp Medical Center Foundation Inc award?

In 2024, Knapp Medical Center Foundation Inc awarded 1 grants totaling $500K — an average of about $500K per grant, based on its IRS Form 990 filings.

How much is Knapp Medical Center Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Knapp Medical Center Foundation Inc reported a distributable amount of $546K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Knapp Medical Center Foundation Inc's EIN?

Knapp Medical Center Foundation Inc's EIN (Employer Identification Number) is 74-2213711. IRS Form 990 filing data is available on this page for 2020–2024.