Lorease & Ed Priesmeyer Foundation

Foundation · Grantmaker Huntsville, TX EIN: 76-0307944

Lorease & Ed Priesmeyer Foundation is a private foundation, based in Huntsville, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $819K in total assets. In 2024, it awarded 10 grants totaling $186K. Net investment income was $371K.

Key facts about Lorease & Ed Priesmeyer Foundation

EIN
76-0307944
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$186,001
Grants made (2024)
10
Average grant
$18,600
Median grant
$6,250
New grantees (estimate)
0% first-time grantees (0 of 10, 2024)
Total assets
$818,793
Primary geography
Texas (97% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Lorease & Ed Priesmeyer Foundation funds

By grant dollars, the top recipient states for Lorease & Ed Priesmeyer Foundation's 10 itemized 2024 grants were Texas (97%). None of its 10 grants with a stated purpose were described as general or operating support. Recurring purposes include "Fund Scholarships" (9 grants).

Is Lorease & Ed Priesmeyer Foundation open to new grantees?

0%

first-time grantees, 2024

In 2024, 0 of 10 grantees (0%) were first-time recipients. How we count

  • 90% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+11%). Method
  • In 2024 it paid out 119% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$819K

+24.4% YoY

Annual Giving

$186K

+3.7% YoY

Grant Count

10

-9.1% YoY

Avg Grant Size

$19K

+14.1% YoY

Under IRS private-foundation payout rules, Lorease & Ed Priesmeyer Foundation reported a distributable amount of $191K for 2024 — the minimum it must pay out in qualifying distributions.

About Lorease & Ed Priesmeyer Foundation

Based on IRS filings

Lorease & Ed Priesmeyer Foundation is a private foundation, based in Huntsville, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $819K in total assets. In 2024, it awarded 10 grants totaling $186K. Net investment income was $371K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 10 itemized 2024 grant dollars.

States

Cities

San AntonioAltairBrenhamCollege StationSan MarcosWhartonAustinHuntsvillePhoenixSeguinWacoGalvestonHoustonAlvinDallasEagle Lake

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$112K$223K$335K$447K20202021202220232024
Metric202420232022
Total Assets$818,793$657,973$820,153
Revenue$406,208$91,817$178,104
Expenses$241,392$249,532$238,950
Qualifying Distributions$225,988$217,196$212,118
Net Investment Income$371,355$20,492$139,367
Distributable Amount$190,629$195,760$199,650

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$55K$110K$165K$220K12 grants202010 grants202111 grants202211 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Rice Cisd: $95KRice Cisd$95KTexas A&M University: $45KTexas A&M University$45KWCJC: $13KWCJC$13KUniversity of Texas San Antonio: $10KUniversity of Texas SanAntonio$10KTexas State University: $8KTexas State University$8KGrand Canyon University: $5KGrand Canyon University$5KTexas State Technical College: $3KTexas State Technical College$3KBlinn College: $3KBlinn College$3KShsu: $3KShsu$3KUniversity of Houston: $3KUniversity of Houston$3K

Grant Size Distribution

54 grants across all recorded years

49<$50K5$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 recipients include Rice Cisd ($95,000), Texas A&M University ($45,000), WCJC ($12,874).

RecipientPurposeAmount
RICE CISD Altair, TXSUPPLIES, EQUIP,$95,000
TEXAS A&M UNIVERSITY College Station, TXFUND SCHOLARSHIPS$45,000
WCJC Wharton, TXFUND SCHOLARSHIPS$12,874
UNIVERSITY OF TEXAS SAN ANTONIO San Antonio, TXFUND SCHOLARSHIPS$10,000
TEXAS STATE UNIVERSITY San Marcos, TXFUND SCHOLARSHIPS$7,500
GRAND CANYON UNIVERSITY Phoenix, AZFUND SCHOLARSHIPS$5,000
TEXAS STATE TECHNICAL COLLEGE Waco, TXFUND SCHOLARSHIPS$3,127
BLINN COLLEGE Brenham, TXFUND SCHOLARSHIPS$2,500
SHSU Huntsville, TXFUND SCHOLARSHIPS$2,500
UNIVERSITY OF HOUSTON Houston, TXFUND SCHOLARSHIPS$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Candyce F Dixon — CEO/Board PR: $36KCandyce F DixonCEO/Board PR$36K

From 2024 IRS filing

NameTitleHoursCompensation
Candyce F DixonCEO/Board PR—$36,000
Bill HefnerVice Preside——
Pamela HugghinsSecretary/Tr——

Frequently Asked Questions

How large is Lorease & Ed Priesmeyer Foundation?

As of 2024, Lorease & Ed Priesmeyer Foundation holds $819K in total assets with $406K in annual revenue. It awarded 10 grants totaling $186K in 2024.

Where does Lorease & Ed Priesmeyer Foundation operate?

Lorease & Ed Priesmeyer Foundation has awarded grants in Arizona, Texas.

What size grants does Lorease & Ed Priesmeyer Foundation award?

In 2024, Lorease & Ed Priesmeyer Foundation awarded 10 grants totaling $186K — an average of about $19K per grant, based on its IRS Form 990 filings.

How much is Lorease & Ed Priesmeyer Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lorease & Ed Priesmeyer Foundation reported a distributable amount of $191K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lorease & Ed Priesmeyer Foundation's EIN?

Lorease & Ed Priesmeyer Foundation's EIN (Employer Identification Number) is 76-0307944. IRS Form 990 filing data is available on this page for 2020–2024.

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

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