The L1 Foundation Inc
The L1 Foundation Inc is a private foundation focused on Recreation & Sports, based in Houston, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $25K in total assets. In 2024, it awarded 2 grants totaling $750.
The L1 Foundation Inc at a glance
In short: The L1 Foundation Inc gave $750 across 2 grants in 2024 (avg $375), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $750
- Grants made (2024)
- 2
- Average grant
- $375
- Median grant
- $375
- Total assets
- $25,147
- +25047.0% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The L1 Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Shamar Hope Haven ($500). Together the top 2 received $750.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 2 grants totaling $750.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Shamar Hope Haven Houston, TX | Supports Youth Behavioral Health via Counselling | $500 |
| 1881 HBCU Blue Legacy Sugar Land, TX | Supports Student Scholarships for Black Colleges | $250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $25,147 | $47,526 | $22,479 | $750 | 2 |
| 2023 | $100 | — | — | — | — |
Leadership & Key People
Officers and directors from IRS filings
The L1 Foundation Inc is led by Kendrick R. Jones, Executive Director on every filing since 2022; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kendrick R. Jones
Executive Director
On filings since 2022
80 hrs/week
No compensation reported
Kenneth Jones
Director
New on the 2024 filing
No compensation reported
Kentavious Jones
Director
New on the 2024 filing
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The L1 Foundation Inc
How much does The L1 Foundation Inc give each year?
The L1 Foundation Inc gave $750 across 2 grants in 2024, according to its 2024 IRS Form 990-PF.
How large is The L1 Foundation Inc?
The L1 Foundation Inc reported $25K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $48K.
What is The L1 Foundation Inc?
The L1 Foundation Inc is a private foundation focused on Recreation & Sports, based in Houston, TX. It holds $25K in total assets as of 2024.
Where does The L1 Foundation Inc operate?
The L1 Foundation Inc has awarded grants in Texas.
What is The L1 Foundation Inc's EIN?
The L1 Foundation Inc's EIN (Employer Identification Number) is 83-2707856. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
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Browse active grant opportunities in The L1 Foundation Inc's focus areas in our free grants database
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