The Deason Foundation

Private foundation · Grantmaker Dallas, TX EIN: 75-2715549

The Deason Foundation is a private foundation based in Dallas, Texas. In 2024, it made 17 grants totaling $2,842,500 to charitable organizations, including a university, philanthropic organizations, a museum, and other nonprofits.

The Deason Foundation at a glance

In short: The Deason Foundation gave $2.8M across 17 grants in 2024 (avg $167K), mostly in Texas. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$2,842,500
-3.0% vs 2023
Grants made (2024)
17
+6.3% vs 2023
Average grant
$167,206
-8.7% vs 2023
Median grant
$25,000
Total assets
$42,610,692
-41.5% vs 2023
New grantees (estimate)
24% first-time grantees (4 of 17, 2024; small sample)
Primary geography
Texas (55% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Deason Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 3953 Maple Avenue 150, Dallas, TX 75219
Phone: (214) 378-3600

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Deason Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Southern Methodist University: $1.0MSouthern Methodist University$1.0MStand Together Foundation: $900KStand Together Foundation$900KTurning Point USA: $290KTurning Point USA$290KNational Medal of Honor Museum: $250KNational Medal of Honor Museum$250KAmerica First Policy Institute: $100KAmerica First Policy Institute$100KUT Southwestern: $100KUT Southwestern$100KBlexit Foundation Inc: $80KBlexit Foundation Inc$80KSM Wright Foundation: $25KSM Wright Foundation$25KSouthwestern Diabetic Foundation Inc: $25KSouthwestern DiabeticFoundation Inc$25KFirst Liberty: $20KFirst Liberty$20K

The largest 2024 recipient was Southern Methodist University ($1.0M). Together the top 10 received $2.8M.

Grant Size Distribution

68 grants across all recorded years

31<$50K7$50–100K10$100–250K10$250–500K4$500K–1M6$1–5M$5M+

The most common grant size was under $50K: 31 grants of 68 (46%).

Geographic Focus

Where this funder awards grants

In 2024, grant dollars went to recipients in Texas (55%), Virginia (32%), Illinois (10%), the District of Columbia (3%), and Colorado (0%).

Grant Distribution by State

6states

Share of 2024 grant dollars across all 17 itemized grants.

Cities

DallasArlingtonLemontWashingtonFairfaxPlanoSteamboat SpringsAustinHoustonWhitesboroCamarilloSan AntonioSan DiegoIrving

Is The Deason Foundation open to new grantees?

24%

first-time grantees, 2024

In 2024, 4 of 17 grantees (24%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $8K; repeat grants $216K. How we count

Medians: $8K first-time, $80K repeat.

  • 76% of 2024 grantees were also funded in 2023. Method
  • Giving fell 22% from 2021 to 2024. Method
  • In 2024 it paid out 108% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M10 grants2020 11 grants2021 14 grants2022 16 grants2023 17 grants2024

From 2020 to 2024, annual grant giving ranged from $2.8M (2022) to $3.6M (2021). In 2024 it made 17 grants totaling $2.8M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Southern Methodist University Dallas, TXGeneral Support$1,000,000
Stand Together Foundation Arlington, VAGeneral Support$900,000
Turning Point USA Lemont, ILGeneral Support$290,000
National Medal of Honor Museum Arlington, TXGeneral Support$250,000
America First Policy Institute Arlington, TXGeneral Support$100,000
UT Southwestern Dallas, TXGeneral Support$100,000
Blexit Foundation Inc Washington, DCGeneral Support$80,000
SM Wright Foundation Dallas, TXGeneral Support$25,000
Southwestern Diabetic Foundation Inc Whitesboro, TXGeneral Support$25,000
First Liberty Plano, TXGenral Support$20,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$42,610,692$8,929,513$2,991,791$2,842,50017$2,891,756$3,746,972$2,673,534
2023$72,823,954$8,605,114$3,086,697$2,930,00016$2,988,323$3,421,927$2,830,260
2022$55,040,907$10,643,340$3,030,007$2,825,00014$2,909,231$2,839,645$2,788,581
2021$72,270,320$12,601,628$3,725,663$3,621,43011$3,664,259$2,483,364$3,179,681
2020$64,447,252$12,174,033$3,389,763$3,261,66510—$2,052,905$2,479,109

Under IRS private-foundation payout rules, The Deason Foundation reported a distributable amount of $2.7M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement or specific funding priorities are provided. The 2024 grants show support for organizations working in several areas. Southern Methodist University describes its mission as education through research and teaching. The National Medal of Honor Museum says it works to preserve and present the stories of Medal of Honor recipients. The Southwestern Diabetic Foundation says it provides an activities camp for diabetic children that teaches diabetes management and lifestyle modification. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2024, the foundation made 17 grants totaling $2,842,500. Grants ranged from $2,500 to $1,000,000, with a median of $25,000. Listed purposes were generally support.

The largest grants were $1,000,000 to Southern Methodist University, $900,000 to Stand Together Foundation, $290,000 to Turning Point USA, and $250,000 to the National Medal of Honor Museum. Other notable grants included $100,000 each to America First Policy Institute and UT Southwestern, and $80,000 to Blexit Foundation Inc.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Darwin Deason as president and treasurer, Douglas Deason as vice president, Nick Foster as vice president and secretary, and Scott Letier as advisory employee.

The Deason Foundation is led by Darwin Deason, President & Treasurer on every filing since 2020; 3 of 4 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Darwin Deason

    President & Treasurer

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Douglas Deason

    Vice President

    On filings since 2020

    2 hrs/week

    $2K (2020) → $34K (2024)

  • Scott Letier

    Advisory Employee

    On filings since 2021

    0.5 hrs/week

    $15K (2021) → $8K (2024)

  • Nick Foster

    Vice President & Secretary

    On filings since 2022

    7.5 hrs/week

    $37K (2022) → $33K (2024)

Former officers (1)
  • Former: Asher Ladner (2020–2022) — Vice President & Secretary - Partial

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

Douglas Deason — Vice President: $34KDouglas DeasonVice President$34KNick Foster — Vice President and Secretary: $33KNick FosterVice President and Secretary$33KScott Letier — Advisory Employee: $8KScott LetierAdvisory Employee$8K

The highest reported compensation on the 2024 filing was $34K, to Douglas Deason (Vice President). 3 officers or directors reported compensation on that filing.

Frequently asked questions about The Deason Foundation

How much does The Deason Foundation give each year?

The Deason Foundation gave $2.8M across 17 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.9M across 16 grants.

What is The Deason Foundation's typical grant size?

The Deason Foundation's median grant in 2024 was $25,000, and its average grant was $167,206, across 17 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Deason Foundation that year got $8K on average.

Where does The Deason Foundation give grants?

The Deason Foundation gives mostly in Texas: 55% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Virginia (32%) and Illinois (10%). The most frequent recipient cities were Dallas, TX (6 grants) and Arlington, TX (2 grants).

Does The Deason Foundation give general operating support?

Yes: 94% of The Deason Foundation's 2024 grants with a stated purpose (16 of 17) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Deason Foundation's largest grantees?

The Deason Foundation's largest 2024 grantees include Southern Methodist University ($1,000,000), Stand Together Foundation ($900,000) and Turning Point USA ($290,000), according to its 2024 IRS Form 990-PF. Together they received 77% of its itemized 2024 grant dollars.

How large is The Deason Foundation?

The Deason Foundation reported $42.6M in total assets on its 2024 IRS Form 990-PF. It paid out $2.9M in qualifying distributions that year, against a required minimum of $2.7M (roughly 5% of its investment assets).

What does The Deason Foundation fund?

No mission statement or specific funding priorities are provided. The 2024 grants show support for organizations working in several areas. Southern Methodist University describes its mission as education through research and teaching. See mission & focus areas ↑

How do I apply for a grant from The Deason Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Deason Foundation's EIN?

The Deason Foundation's EIN (Employer Identification Number) is 75-2715549. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Deason Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Live grants for the work The Deason Foundation funds

Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.

Explore Open Grants

Browse active grant opportunities in The Deason Foundation's focus areas in our free grants database

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Cite this profile

Grantable. (2026). The Deason Foundation funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/the-deason-foundation-morg_682c56197e774fbbb2b5b1b01a156f79

BibTeX
@misc{grantable_752715549_2026,
  author       = {{Grantable}},
  title        = {{The Deason Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-deason-foundation-morg_682c56197e774fbbb2b5b1b01a156f79},
  note         = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The Deason Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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