Texas Mutual Insurance Company
Texas Mutual Insurance Company is an Austin-based workers’ compensation insurer established by Texas statute. Its stated mission includes providing Texas employers a stable, competitive source of workers’ compensation insurance, serving as an insurer of last resort, and helping prevent workplace injuries and illnesses and minimize their consequences. The company also funds nonprofit and other grant programs focused on Texas communities, working families, workforce development, and safety.
Key facts about Texas Mutual Insurance Company
In short: Texas Mutual Insurance Company gave $14.8M across 172 grants in 2024 (avg $86K), mostly in Texas. 44% of 2024 grantees were new. Source: 2024 IRS Form 990.
- EIN
- 74-2615873
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $14,783,038
- Grants made (2024)
- 172
- Average grant
- $85,948
- Median grant
- $81,756
- New grantees (estimate)
- 44% first-time grantees (73 of 166, 2024)
- Total assets
- $8,566,132,270
- Primary geography
- Texas (98% of itemized 2024 grant dollars)
- How to apply
- For the 2026 community opportunities, applicants apply during the stated program windows; the Working Texans Economic Opportunity Grant is fully allotted, while the Texas Workforce Development Grant is scheduled to… Full details ↓
- Deadline
- September 11, 2026, at 11:59 p.m.
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$8.6B
+1.7% YoY
Annual Giving
$14.8M
+17.5% YoY
Grant Count
172
+17.0% YoY
Avg Grant Size
$86K
+0.4% YoY
Is Texas Mutual Insurance Company open to new grantees?
44%
first-time grantees, 2024
In 2024, 73 of 166 grantees (44%) were first-time recipients. First grants averaged $64K; repeat grants $109K. How we count
Medians: $50K first-time, $100K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
Texas Mutual’s stated mission is to provide a stable, competitive source of workers’ compensation insurance for Texas employers, act as an insurer of last resort, and help prevent on-the-job injuries and illnesses and minimize their consequences.
Its community funding priorities include reducing barriers to economic opportunity for working Texans; supporting access to early childhood education or out-of-school care, primary care, and essential basic needs; developing a skilled workforce; supporting small-business resilience and job growth; and connecting opportunity youth with career pathways. Other programs support workplace safety equipment for policyholders and health and wellness initiatives for eligible volunteer fire departments and nonprofit EMS organizations.
Recipients in 2024 included organizations with varied missions. Texas 2036, which received $600,000, says it advances data-driven policies to improve lives and expand opportunities for Texans. United Way of Greater Houston, which received $450,000, says it works to improve lives, strengthen community, and create opportunities to prosper. TEXSAR, which received $375,000, describes its work as maintaining readiness for service in Texas, including search and rescue. AVANCE, which received $125,000, says it supports economic mobility for predominantly Latino families through two-generation programming.
Grantmaking
In 2024, Texas Mutual reported 168 grants totaling $14,584,333. Grant amounts ranged from $10,000 to $600,000, with a median of $86,250. Filing-listed grant purposes included generational learning, workforce development and safety training, and disaster relief.
Review Cycle
September 11, 2026, at 11:59 p.m. CT, for the Texas Workforce Development Grant.
Open Grants
6 open opportunities from Texas Mutual Insurance Company
Community Grants for Nonprofits
Texas Mutual Insurance Company
Amount
$8,000,000
Deadline
Rolling / Open
Emergency Responder Health & Wellness Grant
Texas Mutual Insurance Company
Amount
Up to US $5,000
Deadline
Rolling / Open
First Responder Health and Wellness Grants
Texas Mutual Insurance Company
Amount
Varies
Deadline
Rolling / Open
Ready to take the next step with Texas Mutual Insurance Company?
Geographic Focus
Where this funder awards grants
Texas Mutual’s community grant programs are directed to Texas organizations and communities. In its 2024 grant filing, 98% of grant dollars went to recipients in Texas, with 1% each going to recipients in the District of Columbia and Illinois.
Grant Distribution by State
Share of 2024 grant dollars across all 172 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $6.2M (2020) to $14.8M (2024). In 2024 it made 172 grants totaling $14.8M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Texas 2036 ($600K). Together the top 10 received $3.5M.
Grant Size Distribution
673 grants across all recorded years
The most common grant size was in the $50–100K range: 234 grants of 673 (35%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Texas 2036 Austin, TX | Generational Learning | $600,000 |
| Communities Foundation of Texas Dallas, TX | Workforce Development & Safety Training | $500,000 |
| United Way of Greater Houston Houston, TX | Generational Learning | $450,000 |
| Texsar Inc Wimberley, TX | Disaster Relief Funds | $375,000 |
| State Firemens and Fire Marshals Association of Texas Manchaca, TX | Workforce Development & Safety Training | $300,000 |
| United Way for Greater Austin Austin, TX | Generational Learning | $250,000 |
| Worksource Greater Austin Area Workforce Board Austin, TX | Workforce Development & Safety Training | $220,000 |
| Dallas Foundation a TX Nonprofit Corporation Dallas, TX | Workforce Development & Safety Training | $200,000 |
| Ronald McDonald House Charities of Central Texas Inc Austin, TX | Generational Learning | $150,000 |
| The University of Texas Health Science Center at Houston Houston, TX | Generational Learning | $150,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses |
|---|---|---|---|
| 2024 | $8,566,132,270 | $1,532,187,813 | $1,316,092,367 |
| 2023 | $8,419,583,416 | $1,386,324,608 | $1,285,388,595 |
| 2022 | $8,234,972,587 | $1,300,355,257 | $1,209,915,305 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,566,132,270 | $8,419,583,416 | $8,234,972,587 |
| Revenue | $1,532,187,813 | $1,386,324,608 | $1,300,355,257 |
| Expenses | $1,316,092,367 | $1,285,388,595 | $1,209,915,305 |
| Net Investment Income | $447,128,373 | $269,243,531 | $222,927,619 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 1, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Brenda Ward as President and CEO. Other listed officers include Leonard Johnson, SVP Investments; Paul Schlaud, SVP Enterprise Affairs and General Counsel; Willard Potter, SVP and CFO; Michael Hernandez, Chief Data Officer; Jeffrey Lentz, SVP Underwriting; Kim Haugaard, SVP Policyholder Services; Lawrence Martin, SVP Human Resources; Jeannette Sprague, SVP and Chief Information Officer; and Jo Betsy Norton, SVP Public Affairs.
The company has a nine-member Board of Directors consisting of Texas business employers. Five members, including the chair, are appointed by the Governor and confirmed by the Senate; the remaining four are elected by policyholders.
Texas Mutual Insurance Company is led by Brenda Ward, President & CEO since 2023 (on filings since 2020); all 46 officers listed in 2024 are compensated.
Officers on the 2024 filing
Brenda Ward
President & CEO
Chief Operating Officer → President & CEO, 2023
On filings since 2020
40 hrs/week
$630K (2020) → $1.5M (2024)
Brett Baker Flagg
Director
On filings since 2020
4 hrs/week
$78K (2020) → $120K (2024)
Kristina Rose Koncaba
Director
On filings since 2020
4 hrs/week
$84K (2020) → $120K (2024)
Nicholas Tsourmas
Medical Director
Vice President & Medical Director → Medical Director, 2022
On filings since 2020
30 hrs/week
$317K (2020) → $351K (2024)
Ronald Ellis Simmons
Director
On filings since 2020
4 hrs/week
$147K (2020) → $198K (2024)
Steven Dudley Oldham
Director
On filings since 2020
4 hrs/week
$80K (2020) → $105K (2024)
Tommy Dan Phillips
Director
On filings since 2020
4 hrs/week
$106K (2020) → $135K (2024)
Alexia Selene Elliott
Director
On filings since 2021
4 hrs/week
$37K (2021) → $105K (2024)
William Francis Quinn
Director
On filings since 2021
4 hrs/week
$40K (2021) → $130K (2024)
Kevin Mart Robnett
Director
On filings since 2022
4 hrs/week
$45K (2022) → $105K (2024)
Gary Gibson
Director
On filings since 2023
4 hrs/week
$26K (2023) → $115K (2024)
Amy Green-Hinojosa
Vice President Project Management Officer
On filings since 2020
40 hrs/week
$281K (2020) → $403K (2024)
Anthony Seraphim
Vice President Digital Transformation
Vice President Data Governance → Vice President Digital Transformation, 2024
On filings since 2020
40 hrs/week
$249K (2020) → $423K (2024)
Beverly Harris
Vice President Corporate Strategy & Product
Vice President Strategic Planning & Analysis → Vice President Corporate Strategy & Product, 2022
On filings since 2020
40 hrs/week
$271K (2020) → $429K (2024)
Billy Jackson
Vice President Regional Operations
On filings since 2020
40 hrs/week
$305K (2020) → $409K (2024)
David John
Vice President It Infrastructure
On filings since 2020
40 hrs/week
$350K (2020) → $399K (2024)
Edward Coates
Vice President Hr Employee Services
On filings since 2020
40 hrs/week
$275K (2020) → $418K (2024)
Elise Teeter
Senior Vice President & General Auditor
On filings since 2020
40 hrs/week
$326K (2020) → $488K (2024)
Eric Bourquin
Vice President Safety Services
On filings since 2020
40 hrs/week
$255K (2020) → $377K (2024)
Erica Sanchez
Vice President & Controller
On filings since 2020
40 hrs/week
$306K (2020) → $422K (2024)
Greta Gonzales
Vice President & Chief Risk Officer
On filings since 2020
40 hrs/week
$259K (2020) → $405K (2024)
Jeannette Sprague
Senior Vice President & Chief Information Officer
Vice President Applications → Senior Vice President & Chief Information Officer, 2022
On filings since 2020
40 hrs/week
$310K (2020) → $617K (2024)
Jeffrey Lentz
Senior Vice President Underwriting
On filings since 2020
40 hrs/week
$376K (2020) → $591K (2024)
Jeremiah Bentley
Vice President Marketing & Community Affairs
On filings since 2020
40 hrs/week
$263K (2020) → $384K (2024)
Jo Betsy Norton
Senior Vice President Public Affairs
On filings since 2020
40 hrs/week
$387K (2020) → $588K (2024)
Kim Haugaard
Senior Vice President Policyholder Services
On filings since 2020
40 hrs/week
$422K (2020) → $601K (2024)
Lawrence Martin
Senior Vice President Human Resources
Vice President Hr Consulting Services → Senior Vice President Human Resources, 2021
On filings since 2020
40 hrs/week
$261K (2020) → $568K (2024)
Leonard Johnson
Senior Vice President Investments
On filings since 2020
40 hrs/week
$573K (2020) → $895K (2024)
Lisa Evans
Vice President Distribution & Customer Engagement
On filings since 2020
40 hrs/week
$304K (2020) → $440K (2024)
Michael Hernandez
Chief Data Officer
On filings since 2020
40 hrs/week
$460K (2020) → $668K (2024)
Nathan Scott
Vice President Investments
On filings since 2020
40 hrs/week
$271K (2020) → $458K (2024)
Paul Schlaud
Senior Vice President Enterprise Affairs & General Counsel
Senior Vice President & Special Counsel → Senior Vice President Enterprise Affairs & General Counsel, 2022
On filings since 2020
40 hrs/week
$308K (2020) → $819K (2024)
Phoebe Murphy
Chief Actuary & Vice President of Enterprise Analytics
Vice President & Chief Actuary → Vice President, Chief Actuary & Enterprise Analytics, 2023
Vice President, Chief Actuary & Enterprise Analytics → Chief Actuary & Vice President of Enterprise Analytics, 2024
On filings since 2020
40 hrs/week
$339K (2020) → $454K (2024)
Roger Humecky
Vice President Data Analytics & Business Intelligence
On filings since 2020
40 hrs/week
$279K (2020) → $415K (2024)
Shannon Pounds
Vice President & Associate General Counsel
Vice President Claims Litigation → Vice President & Associate General Counsel, 2022
On filings since 2020
40 hrs/week
$287K (2020) → $444K (2024)
Willard Potter
Senior Vice President & CFO
Vice President Premium Audit → Senior Vice President & CFO, 2021
On filings since 2020
40 hrs/week
$276K (2020) → $764K (2024)
Jackie Kenyon
Vice President Special Litigation
On filings since 2022
40 hrs/week
$273K (2022) → $375K (2024)
James Ziolkowski
Vice President Regional Operations
On filings since 2022
40 hrs/week
$285K (2022) → $416K (2024)
Peppia Sherrouse
Vice President Claim Operations
Vice President Regional Operations → Vice President Claim Operations, 2023
On filings since 2022
40 hrs/week
$337K (2022) → $431K (2024)
Rhonda Barker
Vice President Premium Audit
On filings since 2022
40 hrs/week
$287K (2022) → $338K (2024)
Richard Dabney
Vice President Corporate Underwriting
On filings since 2022
40 hrs/week
$310K (2022) → $422K (2024)
Toni Toliver
Vice President Business Law
On filings since 2022
40 hrs/week
$277K (2022) → $401K (2024)
David Morton
Vice President Underwriting Operations
On filings since 2023
40 hrs/week
$402K (2023) → $401K (2024)
John Sapp
Vice President Information Security
On filings since 2023
40 hrs/week
$349K (2023) → $385K (2024)
Gregory Carter
Chief Transformation Officer
New on the 2024 filing
40 hrs/week
$200K (2024)
Matthew Smith
Vice President Engineering
New on the 2024 filing
40 hrs/week
$360K (2024)
Former officers (18)
- Former: John Dayton Swanson (2020–2023) — Director
- Former: Richard Gergasko (2020–2023) — President & CEO
- Former: Adrian Vanzulli (2022–2023) — Vice President Engineering
- Former: Benjamin Siddons (2020–2022) — Vice President Business Development
- Former: Curtis Johnson (2020–2022) — Vice President Claim Operations
- Former: Linda Stuckey Foster-Smith (2020–2022) — Director
- Former: Mary Nichols (2020–2022) — Senior Vice President & General Counsel
- Former: Michael Stubblefield (2020–2022) — Senior Vice President & Chief Information Officer
- Former: Bernard Chevalier Francis (2020–2021) — Director
- Former: Catherine Brown (2020–2021) — Vice President Facility Services
- Former: Eric Lee Oliver (2020–2021) — Director
- Former: James Kohloff (2020–2021) — Vice President Regional Operations
- Former: Lynette Caldwell (2020–2021) — Senior Vice President Human Resources
- Former: Paschal Strong (2020–2021) — Vice President Underwriting Operations
- Former: Peppia Gates (2020–2021) — Vice President Regional Operations
- Former: Perry Barron (2020–2021) — Senior Vice President & CFO
- Former: Leila Williams (2021) — Vice President & Medical Director
- Former: Svetlana Bronshteyn (2021) — Vice President Enterprise Product Management
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $1.5M, to Brenda Ward (President & CEO). 46 officers or directors reported compensation on that filing.
Contact
Mailing address: 2200 Aldrich Street, Austin, TX 78723
Phone: (800) 859-5995
Website: https://texasmutual.com
Frequently asked questions about Texas Mutual Insurance Company
How much does Texas Mutual Insurance Company give each year?
Texas Mutual Insurance Company gave $14.8M across 172 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $12.6M across 147 grants.
What is Texas Mutual Insurance Company's typical grant size?
Texas Mutual Insurance Company's median grant in 2024 was $81,756, and its average grant was $85,948, across 172 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Texas Mutual Insurance Company that year got $64K on average.
Where does Texas Mutual Insurance Company give grants?
Texas Mutual Insurance Company gives mostly in Texas: 98% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Austin, TX (33 grants), Houston, TX (20 grants), Dallas, TX (17 grants) and San Antonio, TX (11 grants).
Does Texas Mutual Insurance Company give general operating support?
Not in 2024: none of the 168 grants with a stated purpose on Texas Mutual Insurance Company's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Generational Learning" (78 grants), "Workforce Development & Safety Training" (72 grants) and "College Safety Grant" (11 grants).
Who are Texas Mutual Insurance Company's largest grantees?
Texas Mutual Insurance Company's largest 2024 grantees include Texas 2036 ($600,000), United Way of Greater Houston ($525,000 across 2 grants) and Communities Foundation of Texas ($500,000), according to its 2024 IRS Form 990. Together they received 11% of its itemized 2024 grant dollars.
How large is Texas Mutual Insurance Company?
Texas Mutual Insurance Company reported $8.6B in total assets on its 2024 IRS Form 990. Its revenue that year was $1.5B.
What does Texas Mutual Insurance Company fund?
Texas Mutual’s stated mission is to provide a stable, competitive source of workers’ compensation insurance for Texas employers, act as an insurer of last resort, and help prevent on-the-job injuries and illnesses and minimize their consequences. See mission & focus areas ↑
How do I apply for a grant from Texas Mutual Insurance Company?
For the 2026 community opportunities, applicants apply during the stated program windows; the Working Texans Economic Opportunity Grant is fully allotted, while the Texas Workforce Development Grant is scheduled to… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Texas Mutual Insurance Company's EIN?
Texas Mutual Insurance Company's EIN (Employer Identification Number) is 74-2615873. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Texas Mutual Insurance Company by hand.
Explore Open Grants
Browse active grant opportunities in Texas Mutual Insurance Company's focus areas in our free grants database
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Texas Mutual Insurance Company down — hundreds of funders to go?