Rick and Carrie Allen Foundation is a private foundation focused on Human Services, based in PEARLAND, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $26K in total assets. In 2024, it awarded 10 grants totaling $177K. Net investment income was $101K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26K
Annual Giving
$177K
+124.3% YoY
Grant Count
10
+42.9% YoY
Avg Grant Size
$18K
+57.0% YoY
Under IRS private-foundation payout rules, Rick and Carrie Allen Foundation reported a distributable amount of $95K for 2024 — the minimum it must pay out in qualifying distributions.
About Rick and Carrie Allen Foundation
Based on IRS filings
Rick and Carrie Allen Foundation is a private foundation focused on Human Services, based in PEARLAND, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $26K in total assets. In 2024, it awarded 10 grants totaling $177K. Net investment income was $101K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,174 | — | — |
| Revenue | $5,000 | — | $2,081,000 |
| Expenses | $307,416 | $118,643 | $100,814 |
| Qualifying Distributions | $176,785 | $78,816 | $1,000 |
| Net Investment Income | $101,437 | $83,064 | $288 |
| Distributable Amount | $95,449 | $102,002 | $8,609 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Racaf X ($114,367), Soar ($29,350), Scholarships ($20,931).
| Recipient | Purpose | Amount |
|---|---|---|
| RACAF X Pearland, TX | EDUCATION | $114,367 |
| DAWSON HIGH SCHOOL BAND BOOSTERS Pearland, TX | EDUCATION | $107 |
| PEARLAND ISD Pearland, TX | EDUCATION | $612 |
| SOAR Balsam, NC | EDUCATION | $29,350 |
| BOY SCOUT TROOP 464 Pearland, TX | COMMUNITY | $6,358 |
| YOUTH LACROSSE Pearland, TX | COMMUNITY | $70 |
| WAGS FUND Houston, TX | COMMUNITY | $240 |
| PEARLAND CHOIR BOOSTERS Pearland, TX | EDUCATION | $56 |
| PEARLAND BAND BOOSTERS Pearland, TX | EDUCATION | $4,694 |
| SCHOLARSHIPS Pearland, TX | EDUCATION | $20,931 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD ALLEN | PRESIDENT | 5 | — |
| CARRIE ALLEN | SECRETARY | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rick and Carrie Allen Foundation?
Rick and Carrie Allen Foundation is a private foundation focused on Human Services, based in PEARLAND, TX. It holds $26K in total assets as of 2024.
How large is Rick and Carrie Allen Foundation?
As of 2024, Rick and Carrie Allen Foundation holds $26K in total assets with $5K in annual revenue. It awarded 10 grants totaling $177K in 2024.
Where does Rick and Carrie Allen Foundation operate?
Rick and Carrie Allen Foundation has awarded grants in Massachusetts, Michigan, North Carolina, Texas.
What size grants does Rick and Carrie Allen Foundation award?
In 2024, Rick and Carrie Allen Foundation awarded 10 grants totaling $177K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Rick and Carrie Allen Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rick and Carrie Allen Foundation reported a distributable amount of $95K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rick and Carrie Allen Foundation's EIN?
Rick and Carrie Allen Foundation's EIN (Employer Identification Number) is 92-1180802. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Rick and Carrie Allen Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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