Metflex Foundation is a private foundation focused on Human Services, based in HOUSTON, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $393K in total assets. In 2024, it awarded 9 grants totaling $10K. Net investment income was $65K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$393K
+162.1% YoY
Annual Giving
$10K
+183.1% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$1K
+183.1% YoY
Under IRS private-foundation payout rules, Metflex Foundation reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
About Metflex Foundation
Based on IRS filings
Metflex Foundation is a private foundation focused on Human Services, based in HOUSTON, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $393K in total assets. In 2024, it awarded 9 grants totaling $10K. Net investment income was $65K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $393,413 | $150,103 | — |
| Revenue | $229,258 | $155,151 | — |
| Expenses | $9,823 | $5,048 | — |
| Qualifying Distributions | $9,813 | $5,048 | — |
| Net Investment Income | $65,460 | $5,151 | — |
| Distributable Amount | $16,691 | $7,209 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Spring Branch Education ($3,812), Chinmaya Mission Houston ($3,027), Valley Oaks Elementary ($1,191).
| Recipient | Purpose | Amount |
|---|---|---|
| CHINMAYA MISSION HOUSTON SUGARLAND, TX | DONATION | $3,027 |
| SBMS HOUSTON, TX | DONATION | $417 |
| SPRING BRANCH EDUCATION HOUSTON, TX | DONATION | $3,812 |
| THE REGIS SCHOOL HOUSTON, TX | DONATION | $201 |
| VALLEY OAKS ELEMENTARY HOUSTON, TX | DONATION | $1,191 |
| BHY NCL MEMORIAL PLANO, TX | DONATION | $625 |
| CMH BOOKSTORE HOUSTON, TX | DONATION | $20 |
| HINDUS OF GREATER HOUSTON HOUSTON, TX | DONATION | $500 |
| BENDWOOD ORDER HOUSTON, TX | DONATION | $20 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANKUR MEHTA | DIRECTOR | 5 | — |
| RAJUL MEHTA | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Metflex Foundation?
Metflex Foundation is a private foundation focused on Human Services, based in HOUSTON, TX. It holds $393K in total assets as of 2024.
How large is Metflex Foundation?
As of 2024, Metflex Foundation holds $393K in total assets with $229K in annual revenue. It awarded 9 grants totaling $10K in 2024.
Where does Metflex Foundation operate?
Metflex Foundation has awarded grants in New York, Texas.
What size grants does Metflex Foundation award?
In 2024, Metflex Foundation awarded 9 grants totaling $10K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Metflex Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Metflex Foundation reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Metflex Foundation's EIN?
Metflex Foundation's EIN (Employer Identification Number) is 92-0865304. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Metflex 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.
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