Painted River Foundation
Painted River Foundation is a private foundation based in China Spring, Texas. Its 2024 filing lists grants to charitable organizations in Texas, Virginia, Georgia, and Washington, DC, including organizations working with children and families, providing medical care, and conducting ministry activities.
Painted River Foundation at a glance
In short: Painted River Foundation gave $352K across 12 grants in 2024 (avg $29K), mostly in Texas. 83% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $351,950
- +270.9% vs 2023
- Grants made (2024)
- 12
- +71.4% vs 2023
- Average grant
- $29,329
- +116.4% vs 2023
- Median grant
- $15,000
- Total assets
- $1,868,485
- +78.2% vs 2023
- New grantees (estimate)
- 83% first-time grantees (10 of 12, 2024; small sample)
- Primary geography
- Texas (58% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Painted River Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 490, China Spring, TX 76633
Phone: (254) 744-5899
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Painted River Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Orphans Promise ($134K). Together the top 10 received $344K.
Grant Size Distribution
40 grants across all recorded years
The most common grant size was under $50K: 37 grants of 40 (93%).
Geographic Focus
Where this funder awards grants
In 2024, 58% of grant dollars went to recipients in Texas, 38% to Virginia, 3% to Georgia, and 1% to Washington, DC.
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
States
Cities
Is Painted River Foundation open to new grantees?
83%
first-time grantees, 2024
In 2024, 10 of 12 grantees (83%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $32K; repeat grants $14K. How we count
Medians: $15K first-time, $14K repeat.
- 8% of 2024 grantees were also funded in 2023. Method
- Giving grew 216% from 2021 to 2024. Method
- In 2024 it paid out 166% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $21K (2020) to $352K (2024). In 2024 it made 12 grants totaling $352K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Orphans Promise Virginia Beach, VA | Contribution for Ministries of Public Charity | $134,000 |
| Hope Haven Tyler, TX | Contribution for Ministries of Public Charity | $50,000 |
| Rwanda Children Abilene, TX | Contribution for Ministries of Public Charity | $45,450 |
| Naomi's Village McKinney, TX | Contribution for Ministries of Public Charity | $30,000 |
| Mission Waco Waco, TX | Contribution for Ministries of Public Charity | $25,000 |
| Highland Baptist Church Waco, TX | Contribution for Ministries of Public Charity | $20,000 |
| Foster Love Bell County Belton, TX | Contribution for Ministries of Public Charity | $10,000 |
| Mission to the World Atlanta, GA | Contribution for Ministries of Public Charity | $10,000 |
| Temple Community Clinic Temple, TX | Contribution for Ministries of Public Charity | $10,000 |
| Worship at the Mall Clifton, TX | Contribution for Ministries of Public Charity | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,868,485 | $1,171,760 | $351,950 | $351,950 | 12 | $351,950 | $141,698 | $211,811 |
| 2023 | $1,048,675 | $38,476 | $95,151 | $94,882 | 7 | $94,882 | $38,476 | $52,928 |
| 2022 | $1,105,350 | $19,329 | $108,946 | $107,750 | 13 | $107,750 | $16,429 | $58,053 |
| 2021 | $1,194,967 | $193,448 | $111,686 | $111,250 | 3 | $111,250 | $32,092 | $54,953 |
| 2020 | $1,113,205 | $31,401 | $21,230 | $21,000 | 5 | — | $31,401 | $1,828 |
Under IRS private-foundation payout rules, Painted River Foundation reported a distributable amount of $212K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included contributions for ministries of public charity. Among its grantees, Rwanda Children describes its mission as providing housing, food, family, and hope to at-risk Rwandan children. Naomi’s Village says it rescues Kenyan orphans from poverty and disease and provides them with a safe, Christ-centered home. Temple Community Clinic describes its work as providing medical treatment regardless of ability to pay and promoting public health in Central Texas. Foster Love Bell County says it mobilizes community support for children and families in the child welfare system.
Grantmaking
In 2024, the foundation made 12 grants totaling $351,950. Grants ranged from $2,500 to $134,000, with a median grant of $15,000. Its largest listed grants were $134,000 to Orphans Promise, $50,000 to Hope Haven, $45,450 to Rwanda Children, $30,000 to Naomi’s Village, and $25,000 to Mission Waco. Each was listed as a contribution for ministries of public charity.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Steve Caperton as president and Joe Barrow as director.
Painted River Foundation is led by Steve Caperton, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Steve Caperton
President
On filings since 2020
No compensation reported
Joe Barrow
Director
Vice President → Director, 2023
On filings since 2020
No compensation reported
Former officers (1)
- Former: Sue Caperton (2020) — Vice President & Sec-Treas
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 Painted River Foundation
How much does Painted River Foundation give each year?
Painted River Foundation gave $352K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $95K across 7 grants.
What is Painted River Foundation's typical grant size?
Painted River Foundation's median grant in 2024 was $15,000, and its average grant was $29,329, across 12 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Painted River Foundation that year got $32K on average.
Where does Painted River Foundation give grants?
Painted River Foundation gives mostly in Texas: 58% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Virginia (38%). The most frequent recipient cities were Waco, TX (2 grants).
Does Painted River Foundation give general operating support?
Not in 2024: none of the 12 grants with a stated purpose on Painted River Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Contribution for Ministries of Public Charity" (12 grants).
Who are Painted River Foundation's largest grantees?
Painted River Foundation's largest 2024 grantees include Orphans Promise ($134,000), Hope Haven ($50,000) and Rwanda Children ($45,450), according to its 2024 IRS Form 990-PF. Together they received 65% of its itemized 2024 grant dollars.
How large is Painted River Foundation?
Painted River Foundation reported $1.9M in total assets on its 2024 IRS Form 990-PF. It paid out $352K in qualifying distributions that year, against a required minimum of $212K (roughly 5% of its investment assets).
What does Painted River Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included contributions for ministries of public charity. Among its grantees, Rwanda Children describes its mission as providing housing, food, family, and hope to at-risk Rwandan children. See mission & focus areas ↑
How do I apply for a grant from Painted River Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Painted River Foundation's EIN?
Painted River Foundation's EIN (Employer Identification Number) is 47-1619492. IRS Form 990 filing data is available on this page for 2020–2024.
Does Painted River Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 25, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
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Cite this profile
Grantable. (2026). Painted River Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/painted-river-foundation-morg_918cc7eea2b44602956aeebaa4c0cc14
BibTeX
@misc{grantable_471619492_2026,
author = {{Grantable}},
title = {{Painted River Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/painted-river-foundation-morg_918cc7eea2b44602956aeebaa4c0cc14},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Painted River Foundation'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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