Shelton Family Foundation

Private foundation · Grantmaker Mountain Home, TX EIN: 74-2225673

Shelton Family Foundation is a private foundation, based in Mountain Home, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $391K in total assets. In 2025, it awarded 2 grants totaling $10K. Net investment income was $54K.

Key facts about Shelton Family Foundation

In short: Shelton Family Foundation gave $10K across 2 grants in 2025 (avg $5K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
74-2225673
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$9,700
Grants made (2025)
2
Average grant
$4,850
Median grant
$4,850
Total assets
$390,726
Primary geography
Texas (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$391K

+10.6% YoY

Annual Giving

$10K

-67.3% YoY

Grant Count

2

-50.0% YoY

Avg Grant Size

$5K

-34.7% YoY

Under IRS private-foundation payout rules, Shelton Family Foundation reported a distributable amount of $29K for 2025 — the minimum it must pay out in qualifying distributions.

How Shelton Family Foundation gives

  • Giving fell 80% from 2022 to 2025. Method
  • In 2025 it paid out 34% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

San AntonioKerrvilleMountain Home

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K3 grants2021 7 grants2022 2 grants2023 4 grants2024 2 grants2025

From 2021 to 2025, annual grant giving ranged from $10K (2023) to $49K (2022). In 2025 it made 2 grants totaling $10K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

San Antonio Livestock Exposition Inc: $9KSan Antonio LivestockExposition Inc$9KTexas Biomedical Research Institute: $700Texas Biomedical ResearchInstitute$700

The largest 2025 recipient was San Antonio Livestock Exposition Inc ($9K). Together the top 2 received $10K.

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 18 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
San Antonio Livestock Exposition Inc San Antonio, TXScholarships$9,000
Texas Biomedical Research Institute San Antonio, TXMedical Research$700

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$390,726$353,366$318,398
Revenue$56,038$67,291$36,625
Expenses$17,234$33,259$13,473
Qualifying Distributions$9,700$29,700$9,700
Net Investment Income$53,517$67,291$36,625
Distributable Amount$28,803$25,263$22,558

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 17, 2026)
  2. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Shelton Family Foundation is led by Fronie K. Shelton, President on every filing since 2021 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Fronie K. Shelton

    President

    On filings since 2021

    No compensation reported

Former officers (1)
  • Former: Edward E. Hartline (2021) — Secretary

Data from IRS Form 990 filings, 2021–2025. "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 Shelton Family Foundation

How much does Shelton Family Foundation give each year?

Shelton Family Foundation gave $10K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $30K across 4 grants.

How large is Shelton Family Foundation?

Shelton Family Foundation reported $391K in total assets on its 2025 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $29K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Shelton Family Foundation operate?

Shelton Family Foundation has awarded grants in Texas.

What is Shelton Family Foundation's EIN?

Shelton Family Foundation's EIN (Employer Identification Number) is 74-2225673. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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