Sneed Family Foundation
Sneed Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.3M in total assets. In 2025, it awarded 6 grants totaling $133K. Net investment income was $66K.
Key facts about Sneed Family Foundation
In short: Sneed Family Foundation gave $133K across 6 grants in 2025 (avg $22K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- EIN
- 59-7162639
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $132,500
- Grants made (2025)
- 6
- Average grant
- $22,083
- Median grant
- $20,000
- Total assets
- $2,257,761
- Primary geography
- Minnesota (51% 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
$2.3M
-0.4% YoY
Annual Giving
$133K
+10.9% YoY
Grant Count
6
-14.3% YoY
Avg Grant Size
$22K
+29.4% YoY
Under IRS private-foundation payout rules, Sneed Family Foundation reported a distributable amount of $162K for 2025 — the minimum it must pay out in qualifying distributions.
How Sneed Family Foundation gives
- Giving held roughly steady from 2022 to 2025 (+9%). Method
- In 2025 it paid out 85% 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
Share of all 6 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MAYO CLINIC Rochester, MN | UNRESTRICTED GENERAL | $50,000 |
| L'ARCHE JACKSONVILLE Jacksonville, FL | UNRESTRICTED GENERAL | $28,000 |
| THE NATIONAL WWII MUSEUM New Orleans, LA | UNRESTRICTED GENERAL | $25,000 |
| MARTIN COUNTY HISTORICAL SOCIETY Fairmont, MN | UNRESTRICTED GENERAL | $15,000 |
| VISION CASHIERS INC Cashiers, NC | UNRESTRICTED GENERAL | $12,500 |
| EDINA COMMUNITY FOUNDATION Edina, MN | TERRY ANDERSON MEMORIAL | $2,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,257,761 | $2,266,229 | $1,845,793 |
| Revenue | $150,429 | $557,180 | $180,698 |
| Expenses | $159,384 | $135,832 | $134,753 |
| Qualifying Distributions | $138,375 | $124,711 | $123,589 |
| Net Investment Income | $66,229 | $476,770 | $84,803 |
| Distributable Amount | $162,188 | $137,547 | $123,814 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
Sneed Family Foundation's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2022
1 hr/week
$10K (2022) → $13K (2025)
Lynne Sneed
Co-Trustee
On filings since 2021
20 hrs/week
No compensation reported
Former officers (1)
- Former: Bank Of America N A (2021) — Trustee
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.
Compensation Overview
From 2025 IRS filing
Frequently asked questions about Sneed Family Foundation
How much does Sneed Family Foundation give each year?
Sneed Family Foundation gave $133K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $120K across 7 grants.
What is Sneed Family Foundation's typical grant size?
Sneed Family Foundation's median grant in 2025 was $20,000, and its average grant was $22,083, across 6 grants on its 2025 IRS Form 990-PF.
Where does Sneed Family Foundation give grants?
Sneed Family Foundation gives mostly in Minnesota: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (21%) and Louisiana (19%).
Does Sneed Family Foundation give general operating support?
Yes: 83% of Sneed Family Foundation's 2025 grants with a stated purpose (5 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Sneed Family Foundation's largest grantees?
Sneed Family Foundation's largest 2025 grantees include Mayo Clinic ($50,000), L'arche Jacksonville ($28,000) and The National Wwii Museum ($25,000), according to its 2025 IRS Form 990-PF. Together they received 78% of its itemized 2025 grant dollars.
How large is Sneed Family Foundation?
Sneed Family Foundation reported $2.3M in total assets on its 2025 IRS Form 990-PF. It paid out $138K in qualifying distributions that year, against a required minimum of $162K (roughly 5% of its investment assets).
What is Sneed Family Foundation?
Sneed Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. It holds $2.3M in total assets as of 2025.
What is Sneed Family Foundation's EIN?
Sneed Family Foundation's EIN (Employer Identification Number) is 59-7162639. 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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