Lionheart Foundation
Lionheart Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINERAL WELLS, TX. IRS filing data is available from 2022 through 2023. As of 2023, the organization holds $33K in total assets. In 2023, it awarded 2 grants totaling $10K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$33K
+198.0% YoY
Annual Giving
$10K
+717.8% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$5K
+308.9% YoY
Under IRS private-foundation payout rules, Lionheart Foundation reported a distributable amount of $816 for 2023 — the minimum it must pay out in qualifying distributions.
About Lionheart Foundation
Based on IRS filings
Lionheart Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINERAL WELLS, TX. IRS filing data is available from 2022 through 2023. As of 2023, the organization holds $33K in total assets. In 2023, it awarded 2 grants totaling $10K.
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 | 2023 | 2022 |
|---|---|---|
| Total Assets | $33,150 | $11,123 |
| Revenue | $32,127 | $12,500 |
| Expenses | $10,100 | $1,377 |
| Qualifying Distributions | $10,100 | $1,235 |
| Net Investment Income | — | — |
| Distributable Amount | $816 | — |
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 2023
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include New River Fellowship ($7,100), Envision Mineral Wells ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ENVISION MINERAL WELLS MINERAL WELLS, TX | SUPPORT EXEMPT PORPOSE | $3,000 |
| NEW RIVER FELLOWSHIP HUDSON OAKS, TX | SUPPORT EXEMPT PURPOSE | $7,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOEY D EDGE | PRESIDENT | 0.25 | — |
| KARI J EDGE | VICE PRESIDE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lionheart Foundation?
Lionheart Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINERAL WELLS, TX. It holds $33K in total assets as of 2023.
How large is Lionheart Foundation?
As of 2023, Lionheart Foundation holds $33K in total assets with $32K in annual revenue. It awarded 2 grants totaling $10K in 2023.
Where does Lionheart Foundation operate?
Lionheart Foundation has awarded grants in North Carolina, Texas.
What size grants does Lionheart Foundation award?
In 2023, Lionheart Foundation awarded 2 grants totaling $10K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Lionheart Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Lionheart Foundation reported a distributable amount of $816 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lionheart Foundation's EIN?
Lionheart Foundation's EIN (Employer Identification Number) is 88-2011659. IRS Form 990 filing data is available on this page for 2022–2023.
Explore Open Grants
Browse active grant opportunities in Lionheart Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.