The Hg Ash Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 24 grants totaling $197K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.6M
+2.1% YoY
Annual Giving
$197K
+3.3% YoY
Grant Count
24
-11.1% YoY
Avg Grant Size
$8K
+16.2% YoY
Under IRS private-foundation payout rules, The Hg Ash Foundation reported a distributable amount of $226K for 2024 — the minimum it must pay out in qualifying distributions.
About The Hg Ash Foundation
Based on IRS filings
The Hg Ash Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 24 grants totaling $197K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,639,209 | $4,542,977 | $4,433,179 |
| Revenue | $671,557 | $307,978 | $188,813 |
| Expenses | $428,411 | $423,284 | $457,492 |
| Qualifying Distributions | $196,540 | $190,330 | $217,800 |
| Net Investment Income | — | — | — |
| Distributable Amount | $226,111 | $221,038 | $244,955 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
127 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include 12th Man Foundation ($45,740), Hobby Center Foundation ($36,000), Stoney Creek Foundation ($17,500).
| Recipient | Purpose | Amount |
|---|---|---|
| 12TH MAN FOUNDATION COLLEGE STATION, TX | EDUCATION RESOURCES | $45,740 |
| 232-HELP LAFAYETTE, LA | YOUTH - SPECIAL NEEDS PROGRAMMING | $1,500 |
| CANCARE HOUSTON, TX | CANCER SUPPORT | $10,000 |
| HOBBY CENTER FOUNDATION HOUSTON, TX | COMMUNITY OUTREACH | $36,000 |
| HOUSTON TENNIS ASSOCIATION HOUSTON, TX | YOUTH PROGRAMMING | $3,500 |
| HOUSTON TRI DELTA PHILANTHROPIES INC HOUSTON, TX | CHILDHOOD CANCER FUNDRAISING | $1,500 |
| KAPPA KAPPA GAMMA FOUNDATION COLLEGE STATION, TX | MENTAL HEALTH ASSISTANCE | $2,000 |
| MEMORIAL DRIVE UNITED METHODIST CHU HOUSTON, TX | RELIGIOUS COMMUNITY PROGRAM | $16,000 |
| MEMORIAL HERMANN FOUNDATION HOUSTON, TX | HEALTHCARE RESEARCH | $7,500 |
| QUEENSBURY THEATRE HOUSTON, TX | LOCAL COMMUNITY THEATER | $3,750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN C ASH | MANAGER | 19 | $120,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hg Ash Foundation?
The Hg Ash Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $4.6M in total assets as of 2024.
How large is The Hg Ash Foundation?
As of 2024, The Hg Ash Foundation holds $4.6M in total assets with $672K in annual revenue. It awarded 24 grants totaling $197K in 2024.
Where does The Hg Ash Foundation operate?
The Hg Ash Foundation has awarded grants in Arkansas, Louisiana, Ohio, Texas.
What size grants does The Hg Ash Foundation award?
In 2024, The Hg Ash Foundation awarded 24 grants totaling $197K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Hg Ash Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hg Ash Foundation reported a distributable amount of $226K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hg Ash Foundation's EIN?
The Hg Ash Foundation's EIN (Employer Identification Number) is 73-1614119. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hg Ash Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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