Onward and Upward Family Foundation Inc

HOUSTON, TX EIN: 87-4090057

Onward and Upward Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $143K in total assets. In 2024, it awarded 1 grants totaling $116K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$143K

+4.7% YoY

Annual Giving

$116K

+28.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$116K

+28.9% YoY

Under IRS private-foundation payout rules, Onward and Upward Family Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Onward and Upward Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $211K (100%)

States

Texas

Cities

Houston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$143,448	$136,956	$126,978
Revenue	$122,500	$100,000	$40,000
Expenses	$116,008	$90,022	$6,347
Qualifying Distributions	$116,000	$90,000	$5,000
Net Investment Income	—	—	—
Distributable Amount	$6,905	$11,820	$6,895

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

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include National Christian Foundation ($116,000).

Recipient	Purpose	Amount
NATIONAL CHRISTIAN FOUNDATION HOUSTON, TX	DONATION TO CHARITABLE ORGANIZATION	$116,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROLAND SCOTT TORN	PRESIDENT	—	—
SECILY WHITTENBURG TORN	DIRECTOR	—	—
JACKSON MCKEE TORN	DIRECTOR	—	—
ROLAND SAM TORN II	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Onward and Upward Family Foundation Inc?

Onward and Upward Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $143K in total assets as of 2024.

How large is Onward and Upward Family Foundation Inc?

As of 2024, Onward and Upward Family Foundation Inc holds $143K in total assets with $123K in annual revenue. It awarded 1 grants totaling $116K in 2024.

Where does Onward and Upward Family Foundation Inc operate?

Onward and Upward Family Foundation Inc has awarded grants in Texas.

What size grants does Onward and Upward Family Foundation Inc award?

In 2024, Onward and Upward Family Foundation Inc awarded 1 grants totaling $116K — an average of about $116K per grant, based on its IRS Form 990 filings.

How much is Onward and Upward Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Onward and Upward Family Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Onward and Upward Family Foundation Inc's EIN?

Onward and Upward Family Foundation Inc's EIN (Employer Identification Number) is 87-4090057. IRS Form 990 filing data is available on this page for 2021–2024.