North Texas Ace Foundation

WYLIE, TX EIN: 46-4365185

North Texas Ace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WYLIE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $159K in total assets. In 2024, it awarded 2 grants totaling $107K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$159K

-38.8% YoY

Annual Giving

$107K

-82.4% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$53K

-82.4% YoY

Under IRS private-foundation payout rules, North Texas Ace Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About North Texas Ace Foundation

Based on IRS filings

North Texas Ace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WYLIE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $159K in total assets. In 2024, it awarded 2 grants totaling $107K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

DallasFort WorthMorgantown

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$705K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$159,313$260,239$360,126
Revenue$34,729$543,495$53,003
Expenses$135,529$643,431$745,728
Qualifying Distributions$106,664$605,094$719,662
Net Investment Income
Distributable Amount$10,252$19,485$23,467

Giving Over Time

Total grant dollars and number of grants per year

$0$306K$611K$917K$1M3 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

PARKLAND FOUNDATION$57KMETHODIST FOUNDATION$50K

Grant Size Distribution

11 grants across all recorded years

3<$50K4$50–100K$100–250K$250–500K3$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Parkland Foundation ($56,664), Methodist Foundation ($50,000).

RecipientPurposeAmount
METHODIST FOUNDATION DALLAS, TXGENERAL SUPPORT$50,000
PARKLAND FOUNDATION DALLAS, TXGENERAL SUPPORT$56,664

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

VERONICA GARZAEXECUTIVE DIRECTOR$20K

From 2024 filing

NameTitleHoursCompensation
VERONICA GARZAEXECUTIVE DIRECTOR5$20,246
HARRISON FORDDIRECTOR/TREASURER0.25
RALPH BAINEDIRECTOR/SECRETARY0.25
A COMPTON BRODERS IIIDIRECTOR/PRESIDENT0.25

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is North Texas Ace Foundation?

North Texas Ace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WYLIE, TX. It holds $159K in total assets as of 2024.

How large is North Texas Ace Foundation?

As of 2024, North Texas Ace Foundation holds $159K in total assets with $35K in annual revenue. It awarded 2 grants totaling $107K in 2024.

Where does North Texas Ace Foundation operate?

North Texas Ace Foundation has awarded grants in Texas, West Virginia.

What size grants does North Texas Ace Foundation award?

In 2024, North Texas Ace Foundation awarded 2 grants totaling $107K — an average of about $53K per grant, based on its IRS Form 990 filings.

How much is North Texas Ace Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, North Texas Ace Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is North Texas Ace Foundation's EIN?

North Texas Ace Foundation's EIN (Employer Identification Number) is 46-4365185. 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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