The L1 Foundation Inc

Private foundation · Grantmaker Houston, TX EIN: 83-2707856

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

Shamar Hope Haven: $500Shamar Hope Haven$5001881 HBCU Blue Legacy: $2501881 HBCU Blue Legacy$250

The largest 2024 recipient was Shamar Hope Haven ($500). Together the top 2 received $750.

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 2 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

HoustonSugar Land

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200$400$600$8000 grants2022 0 grants2023 2 grants2024

In 2024 it made 2 grants totaling $750.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Shamar Hope Haven Houston, TXSupports Youth Behavioral Health via Counselling$500
1881 HBCU Blue Legacy Sugar Land, TXSupports Student Scholarships for Black Colleges$250
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrants
2024$25,147$47,526$22,479$7502
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

  1. IRS filings on file for fiscal years 2022–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The L1 Foundation Inc'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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