The Family Foundation

AUSTIN, TX EIN: 83-2501840

The Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $598K in total assets. In 2024, it awarded 1 grants totaling $11K. Net investment income was $38K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$598K

-8.6% YoY

Annual Giving

$11K

-22.2% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$11K

+133.3% YoY

Under IRS private-foundation payout rules, The Family Foundation reported a distributable amount of $60K for 2024 — the minimum it must pay out in qualifying distributions.

About The Family Foundation

Based on IRS filings

The Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $598K in total assets. In 2024, it awarded 1 grants totaling $11K. Net investment income was $38K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AustinBeverly HillsChicagoDel ValleJacksonvilleLos AngelesLouisvilleNew YorkSanta RosaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$318K$636K$954K$1M20202021202220232024
Metric202420232022
Total Assets$597,543$654,107$753,174
Revenue$32,694$-97,350$102,328
Expenses$89,258$88,215$109,833
Qualifying Distributions$84,939$81,562$250
Net Investment Income$38,133$37,674$115,980
Distributable Amount$59,964$53,388

Giving Over Time

Total grant dollars and number of grants per year

$0$221K$442K$662K$883K15 grants20200 grants20211 grants20223 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

THE WELLS FOUNDATION$11K

Grant Size Distribution

20 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Wells Foundation ($10,500).

RecipientPurposeAmount
THE WELLS FOUNDATION LOUISVILLE, KYFURTHER THE MISSION OF THE WELLS FOUNDATION 501(C)(3) EIN: 38-6157507$10,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CHELSEA TOLERPRESIDENT$55K

From 2024 filing

NameTitleHoursCompensation
CHELSEA TOLERPRESIDENT30$55,000
SHAWN TOLERVICE-PRESIDENT3
JEFF TOLERTREASURER3

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Family Foundation?

The Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds $598K in total assets as of 2024.

How large is The Family Foundation?

As of 2024, The Family Foundation holds $598K in total assets with $33K in annual revenue. It awarded 1 grants totaling $11K in 2024.

Where does The Family Foundation operate?

The Family Foundation has awarded grants in California, District of Columbia, Florida, Illinois, Kentucky, New York, Texas.

What size grants does The Family Foundation award?

In 2024, The Family Foundation awarded 1 grants totaling $11K — an average of about $11K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Family Foundation reported a distributable amount of $60K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Family Foundation's EIN?

The Family Foundation's EIN (Employer Identification Number) is 83-2501840. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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

Related Funders

Similar funders by location and focus area

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

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