Omega Foundation Inc is a private foundation established in Texas in 1997. The foundation is based in Hico, Texas and operates as a 501(c)(3) organization.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$233K
-78.9% YoY
Annual Giving
$871K
-38.0% YoY
Grant Count
1
-96.8% YoY
Avg Grant Size
$871K
+1821.9% YoY
Mission & Focus Areas
The foundation primarily funds assistance to the needy, religious support, and support for charitable foundations. Grant-making focuses on education, philanthropy, voluntarism and grantmaking, and human services.
Grantmaking
The foundation does not accept unsolicited applications.
Grant Range
s:**
How to Apply
**
Ready to take the next step with Omega Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation has funded organizations across multiple states including Texas, New York, California, and Massachusetts. Primary grant-making focus includes Nebraska.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2024):
- Total assets: $233,036
- Total expenses: $880,892
- Total revenues: $565
- Total giving: $1.4 million
Historical Assets:
- 2023: $3.6 million
- 2022: $3.9 million
- 2021: $4.0 million
- 2020: $4.2 million
Revenue Composition (2024):
- Investment income and dividends: $565
- Total grants and contributions: $0
- Net gain from sale of non-inventory assets: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $233,036 | $1,103,185 | $3,637,233 |
| Revenue | $565 | $242,083 | $250,123 |
| Expenses | $880,892 | $1,452,223 | $495,625 |
| Qualifying Distributions | $870,835 | $1,404,626 | $450,899 |
| Net Investment Income | — | $191,948 | $174,502 |
| Distributable Amount | $8,166 | $150,050 | $214,088 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
125 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Tom Hardgrove serves as Executive Director (as of 2024).
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TAMMY BRYANT | SECRETARY | 20 | — |
| JOHN DICKENS | DIRECTOR | 1 | — |
| TOM HARDGROVE | EXECUTIVE DIRECTOR | 2 | — |
Contact Information
Address: 8731 SH 220, Hico, TX 76457
Telephone: 817-335-5739
EIN: 75-2716754
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Omega Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities