Sam & Ada Petro Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $117K in total assets. In 2024, it awarded 2 grants totaling $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$117K
-2.9% YoY
Annual Giving
$2K
-85.9% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$1K
-64.8% YoY
Under IRS private-foundation payout rules, Sam & Ada Petro Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
About Sam & Ada Petro Foundation
Based on IRS filings
Sam & Ada Petro Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $117K in total assets. In 2024, it awarded 2 grants totaling $2K.
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 | $117,176 | $120,645 | $137,799 |
| Revenue | — | — | — |
| Expenses | $3,469 | $17,154 | $20,424 |
| Qualifying Distributions | $2,723 | $16,452 | $19,110 |
| Net Investment Income | — | — | — |
| Distributable Amount | $5,802 | $6,496 | $7,205 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boys & Girls Country of Houston ($1,750), Guatemala Sana ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS COUNTRY OF HOUSTON HOCKLEY, TX | SUPPORT OF PROGRAM TO CHANGE THE LIVES OF CHILDREN FROM FAMILIES IN CRISIS BY LOVING AND NURTURING THEM IN A CHRISTIAN HOME ENVIRONMENT. | $1,750 |
| GUATEMALA SANA HOUSTON, TX | SUPPORT OF PROGRAM THAT PROVIDES HEALTHCARE AND EDUCATION SERVICES IN SANTA MARIA DE JESUS. | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SAM PETRO JR | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sam & Ada Petro Foundation?
Sam & Ada Petro Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $117K in total assets as of 2024.
How large is Sam & Ada Petro Foundation?
As of 2024, Sam & Ada Petro Foundation holds $117K in total assets. It awarded 2 grants totaling $2K in 2024.
Where does Sam & Ada Petro Foundation operate?
Sam & Ada Petro Foundation has awarded grants in Colorado, Tennessee, Texas, Virginia.
What size grants does Sam & Ada Petro Foundation award?
In 2024, Sam & Ada Petro Foundation awarded 2 grants totaling $2K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Sam & Ada Petro Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sam & Ada Petro Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sam & Ada Petro Foundation's EIN?
Sam & Ada Petro Foundation's EIN (Employer Identification Number) is 54-6587689. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sam & Ada Petro 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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