The Ackels Foundation

DALLAS, TX EIN: 75-2487277

The Ackels Foundation is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $110K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$110K

+1.4% YoY

Annual Giving

$5K

Grant Count

1

Avg Grant Size

$5K

Under IRS private-foundation payout rules, The Ackels Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About The Ackels Foundation

Based on IRS filings

The Ackels Foundation is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $110K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $3K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

DallasGreensboro

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4K$7K$11K$14K20202021202220232024
Metric202420232022
Total Assets$109,702$108,173$107,740
Revenue$6,535$433$3,979
Expenses$5,000$5,000
Qualifying Distributions$5,000$5,000
Net Investment Income$3,335$433$29
Distributable Amount$5,319$5,311$5,331

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$7K$10K$13K3 grants20203 grants20211 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

ST PHILIP & ST AUGUSTINE…$5K

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Philip & St Augustine Academy ($5,000).

RecipientPurposeAmount
ST PHILIP & ST AUGUSTINE ACADEMY DALLAS, TXEDUCATION$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
HENRY ACKELSPRESIDENT
LARRY ACKELSVICE-PRESIDENT

Frequently Asked Questions

How large is The Ackels Foundation?

As of 2024, The Ackels Foundation holds $110K in total assets with $7K in annual revenue. It awarded 1 grants totaling $5K in 2024.

Where does The Ackels Foundation operate?

The Ackels Foundation has awarded grants in Georgia, Texas.

What size grants does The Ackels Foundation award?

In 2024, The Ackels Foundation awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is The Ackels Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ackels Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Ackels Foundation's EIN?

The Ackels Foundation's EIN (Employer Identification Number) is 75-2487277. IRS Form 990 filing data is available on this page for 2020–2024.

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

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