Monroe Foundation Inc

Private foundation · Grantmaker Midland, TX EIN: 75-2365852

Monroe Foundation Inc is a private foundation, based in Midland, TX. IRS filing data is available from 2020 through 2024. Net investment income was $2K.

Monroe Foundation Inc at a glance

Revenue (2024)
$1,585
-72.5% vs 2023
Net investment income (2024)
$1,565
-72.8% vs 2023
Expenses (2024)
$150
+0.0% vs 2023
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Monroe Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

PhoenixPeoriaScottsdale

How Monroe Foundation Inc gives

  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2020 1 grant2021 4 grants2022 0 grants2023 0 grants2024

From 2021 to 2022, annual grant giving ranged from $100K (2021) to $400K (2022). In 2022 it made 4 grants totaling $400K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Honor Health Foundation Scottsdale, AZGeneral Fund$150,000
2702 E Washington St Phoenix, AZGeneral Fund$100,000
Homes for Our Troops Peoria, AZGeneral Fund$100,000
Salvation Army Phoenix, AZGeneral Fund$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$-1,603$1,585$150———$1,565$106
2023$174,262$5,754$150———$5,754$9,005
2022$168,658$403,036$400,186$400,0004$400,000$2,986$8,774
2021$165,839$102,215$100,150$100,0001$100,000$2,215$8,336
2020$174,201$153,306$155,150———$3,306$8,539

Under IRS private-foundation payout rules, Monroe Foundation Inc reported a distributable amount of $106 for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Monroe Foundation Inc is led by E. R. Monroe, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • E. R. Monroe

    President

    On filings since 2020

    No compensation reported

  • Bob W. Dutton

    Secretary & Treasurer

    On filings since 2020

    No compensation reported

  • H. Kathleen Monroe

    Vice President

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Monroe Foundation Inc

Where does Monroe Foundation Inc operate?

Monroe Foundation Inc has awarded grants in Arizona.

How much is Monroe Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Monroe Foundation Inc reported a distributable amount of $106 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Monroe Foundation Inc's EIN?

Monroe Foundation Inc's EIN (Employer Identification Number) is 75-2365852. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

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Assets

—

Grants

65

Total Given

$7.2M

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Monroe Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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