The Mark Deering Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 2 grants totaling $359K. Net investment income was $499K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.4M
+2.1% YoY
Annual Giving
$359K
-17.8% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$180K
-17.8% YoY
Under IRS private-foundation payout rules, The Mark Deering Foundation reported a distributable amount of $413K for 2024 — the minimum it must pay out in qualifying distributions.
About The Mark Deering Foundation
Based on IRS filings
The Mark Deering Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 2 grants totaling $359K. Net investment income was $499K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,360,841 | $6,228,405 | $6,408,605 |
| Revenue | $521,683 | $293,819 | $1,052,341 |
| Expenses | $389,971 | $462,310 | $373,681 |
| Qualifying Distributions | $359,000 | $437,000 | $351,000 |
| Net Investment Income | $499,451 | $274,119 | $1,045,695 |
| Distributable Amount | $413,262 | $378,534 | $376,911 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bishop Louis Reicher Catholic Schoo ($259,000), St Mary's Catholic School ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BISHOP LOUIS REICHER CATHOLIC SCHOO WACO, TX | STUDENT FINANCIAL AID | $259,000 |
| ST MARY'S CATHOLIC SCHOOL WEST, TX | STUDENT FINANCIAL AID | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH YOUNG | DIRECTOR | 2 | — |
| GARY YOUNG | DIRECTOR | 2 | — |
| VIRGINIA CAWTHRON | DIRECTOR | 2 | — |
| FRANK TRAPLENA | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Mark Deering Foundation?
The Mark Deering Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WACO, TX. It holds $6.4M in total assets as of 2024.
How large is The Mark Deering Foundation?
As of 2024, The Mark Deering Foundation holds $6.4M in total assets with $522K in annual revenue. It awarded 2 grants totaling $359K in 2024.
Where does The Mark Deering Foundation operate?
The Mark Deering Foundation has awarded grants in Texas.
What size grants does The Mark Deering Foundation award?
In 2024, The Mark Deering Foundation awarded 2 grants totaling $359K — an average of about $180K per grant, based on its IRS Form 990 filings.
How much is The Mark Deering Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mark Deering Foundation reported a distributable amount of $413K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mark Deering Foundation's EIN?
The Mark Deering Foundation's EIN (Employer Identification Number) is 74-2726640. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Mark Deering 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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