Lanette and Rick Hale Foundation
Lanette and Rick Hale Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $536K in total assets. In 2024, it awarded 4 grants totaling $54K. Net investment income was $61K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$536K
+7.0% YoY
Annual Giving
$54K
+120.4% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$14K
-44.9% YoY
About Lanette and Rick Hale Foundation
Based on IRS filings
Lanette and Rick Hale Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $536K in total assets. In 2024, it awarded 4 grants totaling $54K. Net investment income was $61K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $536,246 | $500,993 | $494,449 |
| Revenue | $94,739 | $36,577 | $28,390 |
| Expenses | $59,486 | $30,033 | $33,504 |
| Qualifying Distributions | $54,562 | $24,500 | $26,100 |
| Net Investment Income | $60,885 | $7,482 | $2,747 |
| Distributable Amount | $24,836 | $23,692 | $24,550 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LANETTE HALE | TRUSTEE | 1 | — |
| RICHARD HALE | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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