Spec's Charitable 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 $4.6M in total assets. In 2024, it awarded 4 grants totaling $1.6M. Net investment income was $302K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.6M
+7.9% YoY
Annual Giving
$1.6M
+4.1% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$394K
+4.1% YoY
Under IRS private-foundation payout rules, Spec's Charitable Foundation reported a distributable amount of $232K for 2024 — the minimum it must pay out in qualifying distributions.
About Spec's Charitable Foundation
Based on IRS filings
Spec's Charitable 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 $4.6M in total assets. In 2024, it awarded 4 grants totaling $1.6M. Net investment income was $302K.
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 | $4,598,344 | $4,262,667 | $4,076,623 |
| Revenue | $2,693,573 | $2,113,658 | $2,086,647 |
| Expenses | $2,088,919 | $1,951,161 | $1,899,841 |
| Qualifying Distributions | $1,575,000 | $1,896,250 | $1,536,597 |
| Net Investment Income | $301,629 | $48,035 | $271,989 |
| Distributable Amount | $232,149 | $210,117 | $181,070 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include ArchDiocese of Galveston ($735,000), Houston Symphony Outreach ($650,000), U of H Conrad Hilton School ($120,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ArchDiocese of Galveston Houston, TX | EDUCATIONAL PURPOSES | $735,000 |
| Houston Symphony Outreach Houston, TX | Educational Purposes | $650,000 |
| University of North Texas Foundation Denton, TX | Educational Purposes | $70,000 |
| U of H Conrad Hilton School Houston, TX | Educational Purposes | $120,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN A RYDMAN | VICE PRES | — | — |
| KAREN LYNN RYDMAN | PRESIDENT | — | — |
| Lisa R Key | SEC/TREAS. | — | — |
| ROBERT J HEISLER | VICE PRES | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Spec's Charitable Foundation?
Spec's Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $4.6M in total assets as of 2024.
How large is Spec's Charitable Foundation?
As of 2024, Spec's Charitable Foundation holds $4.6M in total assets with $2.7M in annual revenue. It awarded 4 grants totaling $1.6M in 2024.
Where does Spec's Charitable Foundation operate?
Spec's Charitable Foundation has awarded grants in Texas.
What size grants does Spec's Charitable Foundation award?
In 2024, Spec's Charitable Foundation awarded 4 grants totaling $1.6M — an average of about $394K per grant, based on its IRS Form 990 filings.
How much is Spec's Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Spec's Charitable Foundation reported a distributable amount of $232K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Spec's Charitable Foundation's EIN?
Spec's Charitable Foundation's EIN (Employer Identification Number) is 76-0488033. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Spec's Charitable 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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