Lonestar Foundation

AUSTIN, TX EIN: 85-2482674

Lonestar 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 $103K in total assets. In 2024, it awarded 3 grants totaling $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$103K

+5.1% YoY

Annual Giving

$6K

Grant Count

3

Avg Grant Size

$2K

Under IRS private-foundation payout rules, Lonestar Foundation reported a distributable amount of $483 for 2024 — the minimum it must pay out in qualifying distributions.

About Lonestar Foundation

Based on IRS filings

Lonestar 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 $103K in total assets. In 2024, it awarded 3 grants totaling $6K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AustinJersey City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$39K$59K$79K20202021202220232024
Metric202420232022
Total Assets$103,259$98,292$50,700
Revenue$19,076$65,741$71,678
Expenses$16,899$19,859$22,422
Qualifying Distributions$16,035$18,149$22,197
Net Investment Income
Distributable Amount$483

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$3K$4K$6K1 grants20201 grants20211 grants20220 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

CULTURE CREATORS$3KAZTLAN DANCE CO$2KUNIVERSITY OF TEXAS$775

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Culture Creators ($3,000), Aztlan Dance Co ($1,900), University of Texas ($775).

RecipientPurposeAmount
UNIVERSITY OF TEXAS Austin, TXUNRESTRICTED DONATION$775
CULTURE CREATORS Jersey City, NJUNRESTRICTED DONATION$3,000
AZTLAN DANCE CO Austin, TXUNRESTRICTED DONATION$1,900

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
VICKY VALDEZTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lonestar Foundation?

Lonestar Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds $103K in total assets as of 2024.

How large is Lonestar Foundation?

As of 2024, Lonestar Foundation holds $103K in total assets with $19K in annual revenue. It awarded 3 grants totaling $6K in 2024.

Where does Lonestar Foundation operate?

Lonestar Foundation has awarded grants in New Jersey, Texas.

What size grants does Lonestar Foundation award?

In 2024, Lonestar Foundation awarded 3 grants totaling $6K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Lonestar Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lonestar Foundation reported a distributable amount of $483 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lonestar Foundation's EIN?

Lonestar Foundation's EIN (Employer Identification Number) is 85-2482674. IRS Form 990 filing data is available on this page for 2020–2024.

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

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