The Beta Foundation
The fundamental mission and purpose of Beta Foundation is to create a school with an environment of hope that not only nurtures, but challenges students to become successful academically and in life. We exist to help families find the best educational fit for their children.
The Beta Foundation at a glance
In short: The Beta Foundation gave $352K across 1 grant in 2025 (avg $352K), mostly in Texas. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $351,532
- -82.1% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $351,532
- -82.1% vs 2024
- Median grant
- $351,532
- Total assets
- $59,078,021
- +0.7% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Beta Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Beta Academy Support Corporation ($352K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $352K (2025) to $2.0M (2024). In 2025 it made 1 grant totaling $352K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Beta Academy Support Corporation Houston, TX | Funds for Construction Costs of New Campus | $351,532 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $59,078,021 | $21,698,029 | $20,575,416 | $351,532 | 1 | $520,363 |
| 2024 | $58,696,344 | $23,175,831 | $20,567,092 | $1,961,382 | 1 | $288,491 |
| 2023 | $41,391,412 | $19,945,262 | $15,670,440 | — | — | $117,838 |
| 2022 | $36,457,126 | $15,616,829 | $13,739,380 | — | — | $21,414 |
| 2021 | $35,112,559 | $15,008,455 | $12,401,536 | — | — | $28,970 |
| 2020 | $33,565,118 | $13,881,319 | $9,434,734 | — | — | $813,419 |
| 2019 | $10,720,897 | $8,168,671 | $5,736,759 | — | — | $75,772 |
About The Beta Foundation
Based on IRS filings
The Beta Foundation is a public charity focused on Education, based in Houston, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $59.1M in total assets. In 2025, it awarded 1 grant totaling $352K. Net investment income was $520K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Beta Foundation is led by Latisha D. Andrews, CEO & Superintendent on every filing since 2019; 6 of 13 officers listed in 2025 are compensated.
Officers on the 2025 filing
Latisha D. Andrews
CEO & Superintendent
On filings since 2019
55 hrs/week
$101K (2019) → $187K (2025)
Daniel Neely
President
On filings since 2020
25 hrs/week
No compensation reported
Jan Saunders
Director
On filings since 2019
15 hrs/week
No compensation reported
Erika Jones
Director
On filings since 2020
15 hrs/week
No compensation reported
Leigh Kent
Director
On filings since 2023
15 hrs/week
No compensation reported
Anthony Flynn
Director
On filings since 2024
20 hrs/week
No compensation reported
Martha L. Smith
Chief Business Officer & Ope
Chief Business & Operations → Chief Business Officer & Operations, 2022
Chief Business Officer & Operations → Chief Business Officer & Ope, 2025
On filings since 2019
55 hrs/week
$74K (2019) → $160K (2025)
Jennifer Raquell Sartor
Chief Academic Officer
On filings since 2022
55 hrs/week
$128K (2022) → $66K (2025)
Helen Abernathy
Chief of Academics
On filings since 2024
55 hrs/week
$128K (2024) → $134K (2025)
Kari Hoefnagels
Chief of Finance
On filings since 2024
55 hrs/week
$128K (2024) → $132K (2025)
Kendra Hampton
Assistant Superintendent
On filings since 2024
55 hrs/week
$140K (2024) → $150K (2025)
Anita Archer
Secretary
On filings since 2019
20 hrs/week
No compensation reported
Tim King
Vice President & Treasurer
On filings since 2019
20 hrs/week
No compensation reported
Former officers (4)
- Former: Daniel Kent (2024) — President
- Former: Steven Corrales (2023) — Chief of Operations
- Former: Teresa Sones (2019–2022) — Director
- Former: Carlos Perez (2021) — Director
Data from IRS Form 990 filings, 2019–2025. "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
The highest reported compensation on the 2025 filing was $187K, to Latisha Andrews (CEO/Superintendent). 6 officers or directors reported compensation on that filing.
Frequently asked questions about The Beta Foundation
How much does The Beta Foundation give each year?
The Beta Foundation gave $352K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.0M across 1 grant.
How large is The Beta Foundation?
The Beta Foundation reported $59.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $21.7M.
What is The Beta Foundation?
The Beta Foundation is a public charity focused on Education, based in Houston, TX. It holds $59.1M in total assets as of 2025.
Where does The Beta Foundation operate?
The Beta Foundation has awarded grants in Texas.
What is The Beta Foundation's EIN?
The Beta Foundation's EIN (Employer Identification Number) is 45-3019142. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS July 11, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS July 15, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in The Beta Foundation's focus areas in our free grants database
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