Light a Candle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 2 grants totaling $405K. Net investment income was $3.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.0M
+241.8% YoY
Annual Giving
$405K
Grant Count
2
Avg Grant Size
$202K
About Light a Candle Foundation
Based on IRS filings
Light a Candle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 2 grants totaling $405K. Net investment income was $3.1M.
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 | $6,047,340 | $1,769,479 | $1,392,665 |
| Revenue | $3,136,567 | $229,752 | $117,736 |
| Expenses | $413,706 | $96,784 | $74,881 |
| Qualifying Distributions | $406,628 | — | — |
| Net Investment Income | $3,134,489 | $132,968 | $4,028 |
| Distributable Amount | $181,897 | $161,442 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 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 |
|---|---|---|---|
| JIMMY NASSOUR | PRESIDENT | 1 | — |
| ERNEST KARAM | SECRETARY | 1 | — |
| SAMMY NASSOUR | TREASURER | 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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