Sam & Carol Destefano is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HEARNE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $411K in total assets. In 2024, it awarded 3 grants totaling $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$411K
+6.0% YoY
Annual Giving
$12K
+11.4% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$4K
+11.4% YoY
Under IRS private-foundation payout rules, Sam & Carol Destefano reported a distributable amount of $576 for 2024 — the minimum it must pay out in qualifying distributions.
About Sam & Carol Destefano
Based on IRS filings
Sam & Carol Destefano is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HEARNE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $411K in total assets. In 2024, it awarded 3 grants totaling $12K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $411,056 | $387,865 | $358,222 |
| Revenue | $5,000 | $33,000 | $40,000 |
| Expenses | $12,885 | $11,735 | $13,690 |
| Qualifying Distributions | $12,250 | $11,000 | $13,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $576 | $1,146 | $17,037 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Mary's Church - Hearne ($8,250), Brazos Valley Food Bank ($2,000), Mumford Isd ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BRAZOS VALLEY FOOD BANK BRYAN, TX | TO FUND AID OPERATIONS | $2,000 |
| MUMFORD ISD MUMFORD, TX | TO FUND GENERAL OPERATING ACTIVITIES | $2,000 |
| ST MARY'S CHURCH - HEARNE HEARNE, TX | TO FUND CHURCH AND MINISTRY OPERATIONS | $8,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NICOLE DESTEFANO | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sam & Carol Destefano?
Sam & Carol Destefano is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HEARNE, TX. It holds $411K in total assets as of 2024.
How large is Sam & Carol Destefano?
As of 2024, Sam & Carol Destefano holds $411K in total assets with $5K in annual revenue. It awarded 3 grants totaling $12K in 2024.
Where does Sam & Carol Destefano operate?
Sam & Carol Destefano has awarded grants in Texas.
What size grants does Sam & Carol Destefano award?
In 2024, Sam & Carol Destefano awarded 3 grants totaling $12K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Sam & Carol Destefano required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sam & Carol Destefano reported a distributable amount of $576 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sam & Carol Destefano's EIN?
Sam & Carol Destefano's EIN (Employer Identification Number) is 27-0455878. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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