Mark & Carrie Potter Foundation Inc

HOUSTON, TX EIN: 84-3923043

Mark & Carrie Potter Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $235K in total assets. In 2024, it awarded 3 grants totaling $18K. Net investment income was $15K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$235K

-1.7% YoY

Annual Giving

$18K

+87.8% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$6K

+25.2% YoY

Under IRS private-foundation payout rules, Mark & Carrie Potter Foundation Inc reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Mark & Carrie Potter Foundation Inc

Based on IRS filings

Mark & Carrie Potter Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $235K in total assets. In 2024, it awarded 3 grants totaling $18K. Net investment income was $15K.

Ready to take the next step with Mark & Carrie Potter Foundation Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AustinAvonCollege StationCypressDallasHoustonIrvineKatyMontgomerySan FranciscoSpartanburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12K$23K$35K$47K20202021202220232024
Metric202420232022
Total Assets$235,025$239,123$246,389
Revenue$16,832$7,938$-15,014
Expenses$20,930$14,204$14,538
Qualifying Distributions$18,420$12,782$13,000
Net Investment Income$15,465$6,671$4,801
Distributable Amount$12,892$12,595$12,771

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$9K$14K$18K3 grants20209 grants20211 grants20222 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Development in Literacy$10K12th Man Foundation$7KTexas Exes Organization$1K

Grant Size Distribution

18 grants across all recorded years

18<$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 Development in Literacy ($10,000), 12th Man Foundation ($6,940), Texas Exes Organization ($1,480).

RecipientPurposeAmount
12th Man Foundation College Station, TXTo provide scholarships in support of athletics$6,940
Texas Exes Organization Austin, TXGeneral Assistance$1,480
Development in Literacy Irvine, CAProviding funding for education$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Mark PotterPresidentTreasurer2
Carrie L PotterSecretary0.5
Faith N PotterDirector0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mark & Carrie Potter Foundation Inc?

Mark & Carrie Potter Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $235K in total assets as of 2024.

How large is Mark & Carrie Potter Foundation Inc?

As of 2024, Mark & Carrie Potter Foundation Inc holds $235K in total assets with $17K in annual revenue. It awarded 3 grants totaling $18K in 2024.

Where does Mark & Carrie Potter Foundation Inc operate?

Mark & Carrie Potter Foundation Inc has awarded grants in Alabama, California, Colorado, South Carolina, Texas.

What size grants does Mark & Carrie Potter Foundation Inc award?

In 2024, Mark & Carrie Potter Foundation Inc awarded 3 grants totaling $18K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Mark & Carrie Potter Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mark & Carrie Potter Foundation Inc reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mark & Carrie Potter Foundation Inc's EIN?

Mark & Carrie Potter Foundation Inc's EIN (Employer Identification Number) is 84-3923043. 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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