Light a Candle Foundation

Private foundation · Grantmaker Austin, TX EIN: 26-3946647

Light a Candle Foundation is a private foundation, based in Austin, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $6.4M in total assets. In 2025, it awarded 1 grant totaling $200K. Net investment income was $179K.

Light a Candle Foundation at a glance

In short: Light a Candle Foundation gave $200K across 1 grant in 2025 (avg $200K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$200,000
-50.6% vs 2024
Grants made (2025)
1
-50.0% vs 2024
Average grant
$200,000
-1.1% vs 2024
Median grant
$200,000
Total assets
$6,374,694
+5.4% vs 2024
Primary geography
North Carolina (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Light a Candle Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

NC State University: $200KNC State University$200K

The largest 2025 recipient was NC State University ($200K).

Grant Size Distribution

3 grants across all recorded years

<$50K1$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 1 grant of 3 (33%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

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

Cities

RaleighAustin

How Light a Candle Foundation gives

  • In 2025 it paid out 67% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants2019 0 grants2020 0 grants2021 0 grants2022 0 grants2023 2 grants2024 1 grant2025

From 2024 to 2025, annual grant giving ranged from $200K (2025) to $405K (2024). In 2025 it made 1 grant totaling $200K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
NC State University Raleigh, NCTo expand the resources of the khayrallah center archive$200,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$6,374,694$181,501$252,147$200,0001$201,642$178,892$301,975
2024$6,047,340$3,136,567$413,706$404,6462$406,628$3,134,489$181,897
2023$1,769,479$229,752$96,784———$132,968$161,442
2022$1,392,665$117,736$74,881———$4,028—
2021$1,251,360$20,000$37,562—————
2020$1,298,922$57,400$37,802—————
2019$1,285,047$38,690$37,004—————

Under IRS private-foundation payout rules, Light a Candle Foundation reported a distributable amount of $302K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Light a Candle Foundation is led by Jimmy Nassour, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jimmy Nassour

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Ernest Karam

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Sammy Nassour

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Light a Candle Foundation

How much does Light a Candle Foundation give each year?

Light a Candle Foundation gave $200K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $405K across 2 grants.

How large is Light a Candle Foundation?

Light a Candle Foundation reported $6.4M in total assets on its 2025 IRS Form 990-PF. It paid out $202K in qualifying distributions that year, against a required minimum of $302K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Light a Candle Foundation operate?

Light a Candle Foundation has awarded grants in North Carolina, Texas.

What is Light a Candle Foundation's EIN?

Light a Candle Foundation's EIN (Employer Identification Number) is 26-3946647. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS August 13, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS July 15, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Light a Candle Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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