Palacios Community Foundation
Palacios Community Foundation is a private foundation, based in Blessing, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $376K in total assets. In 2025, it awarded 5 grants totaling $22K. Net investment income was $37K.
Palacios Community Foundation at a glance
In short: Palacios Community Foundation gave $22K across 5 grants in 2025 (avg $4K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $22,000
- +37.5% vs 2024
- Grants made (2025)
- 5
- -28.6% vs 2024
- Average grant
- $4,400
- +92.5% vs 2024
- Median grant
- $5,000
- Total assets
- $375,963
- +4.1% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Palacios Community Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Palacios Area Fund ($6K). Together the top 5 received $22K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 35 grants of 35 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How Palacios Community Foundation gives
- Giving held roughly steady from 2022 to 2025 (+19%). Method
- In 2024 it paid out 44% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2019 to 2025, annual grant giving ranged from $14K (2019) to $22K (2025). In 2025 it made 5 grants totaling $22K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Palacios Area Fund Palacios, TX | Community Outreach | $6,000 |
| Robert Duran Caring & Sharing Palacios, TX | Community Outreach | $5,000 |
| Foec Palacios, TX | Thrift Store | $5,000 |
| St John Episcopal Church Palacios, TX | Community Outreach | $5,000 |
| Boys & Girls Club of Palacios Palacios, TX | Youth Activity | $1,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $375,963 | $37,039 | $22,395 | $22,000 | 5 | $22,000 | $37,039 | — |
| 2024 | $361,319 | $27,305 | $16,595 | $16,000 | 7 | $16,000 | $25,060 | $36,364 |
| 2023 | $350,609 | $13,225 | $18,304 | $17,500 | 11 | $17,500 | $13,215 | $17,677 |
| 2022 | $355,688 | $15,007 | $19,391 | $18,500 | 7 | $18,500 | $15,007 | $19,478 |
| 2021 | $360,072 | $22,007 | $16,362 | $15,500 | 5 | $15,500 | $22,006 | $20,975 |
| 2020 | $354,422 | $20,618 | $15,883 | $15,000 | 2 | — | $20,618 | $17,865 |
| 2019 | $349,687 | $15,392 | $15,010 | $14,400 | 1 | — | $15,392 | $16,290 |
Leadership & Key People
Officers and directors from IRS filings
Palacios Community Foundation is led by Marty Crain, President on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Marty Crain
President
On filings since 2019
No compensation reported
Former officers (4)
- Former: Emily Garcia (2020–2023) — Secretary
- Former: Stephanie Rodgers (2020–2023) — Vice President
- Former: Leonard Lamar (2019) — Vice President
- Former: Thomas Holsworth (2019) — Secretary
Data from IRS Form 990 filings, 2019–2025. "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 Palacios Community Foundation
How much does Palacios Community Foundation give each year?
Palacios Community Foundation gave $22K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $16K across 7 grants.
What is Palacios Community Foundation's typical grant size?
Palacios Community Foundation's median grant in 2025 was $5,000, and its average grant was $4,400, across 5 grants on its 2025 IRS Form 990-PF.
Where does Palacios Community Foundation give grants?
Palacios Community Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Palacios, TX (5 grants).
Does Palacios Community Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Palacios Community Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Outreach" (3 grants).
Who are Palacios Community Foundation's largest grantees?
Palacios Community Foundation's largest 2025 grantees include Palacios Area Fund ($6,000), Robert Duran Caring & Sharing ($5,000) and Foec ($5,000), according to its 2025 IRS Form 990-PF. Together they received 73% of its itemized 2025 grant dollars.
How large is Palacios Community Foundation?
Palacios Community Foundation reported $376K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $37K.
What is Palacios Community Foundation's EIN?
Palacios Community Foundation's EIN (Employer Identification Number) is 76-0590386. IRS Form 990 filing data is available on this page for 2019–propublica_summary.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 11, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 18, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 30, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 28, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 2, 2026)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 24, 2026)
- IRS filings on file for fiscal years 2019–2024
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