The Medallion Foundation Inc
The Medallion Foundation Inc is a private foundation based in Houston, Texas, established in 1984. The foundation operates as a 501(c)(3) organization and functions as an independent grantmaking foundation supporting nonprofit organizations primarily in the Houston metropolitan area and beyond.
Key facts about The Medallion Foundation Inc
- EIN
- 76-0141071
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,799,924
- Grants made (2024)
- 96
- Average grant
- $39,583
- Median grant
- $15,000
- New grantees (estimate)
- 28% first-time grantees (26 of 94, 2024)
- Total assets
- $149,205,842
- Primary geography
- Texas (97% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Medallion Foundation Inc funds
By grant dollars, the top recipient states for The Medallion Foundation Inc's 96 itemized 2024 grants were Texas (97%). The most frequent recipient cities were Houston, TX (67 grants) and Spring, TX (3 grants). None of its 96 grants with a stated purpose were described as general or operating support.
Is The Medallion Foundation Inc open to new grantees?
28%
first-time grantees, 2024
In 2024, 26 of 94 grantees (28%) were first-time recipients. First grants averaged $30K; repeat grants $44K. How we count
Medians: $10K first-time, $15K repeat.
- 60% of 2024 grantees were also funded in 2023. Method
- Giving grew 104% from 2021 to 2024. Method
- In 2024 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Medallion Foundation Inc
- How to evaluate The Medallion Foundation Inc as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$149.2M
+9.2% YoY
Annual Giving
$3.8M
-1.0% YoY
Grant Count
96
+7.9% YoY
Avg Grant Size
$40K
-8.3% YoY
Under IRS private-foundation payout rules, The Medallion Foundation Inc reported a distributable amount of $4.5M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities include:
- Education
- Health organizations
- Children and youth services
- Community development
- Social services
- Housing
- Hunger and homelessness
- Sports and recreation
- Human services
- Poverty alleviation
- Reproductive health
Grantmaking
Ready to take the next step with The Medallion Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily supports nonprofit organizations in the Houston, Texas metropolitan area, with additional giving in Texas, Virginia, and New York.
Grant Distribution by State
Share of all 96 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $149,205,842
- Total revenues: $14,465,241
- Total expenses: $6,870,668
- Total grants, contributions, etc.: $8,404,197
- Investment income and dividends: $2,701,270
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $149,205,842 | $136,626,028 | $123,673,205 |
| Revenue | $14,465,241 | $12,977,235 | $14,507,938 |
| Expenses | $6,870,668 | $7,074,452 | $7,083,267 |
| Qualifying Distributions | $3,815,425 | $3,856,024 | $3,549,023 |
| Net Investment Income | $3,128,753 | $1,444,918 | $4,062,327 |
| Distributable Amount | $4,520,905 | $3,959,837 | $3,772,283 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
391 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Hwy 71 Ranch ($902,639), Spring Spirit ($400,000), Spring Spirit Baseball ($350,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HWY 71 RANCH Columbus, TX | CHARITABLE FUNDING | $902,639 |
| SPRING SPIRIT Houston, TX | SPONSOR A CHILD INITIATIVE | $400,000 |
| SPRING SPIRIT BASEBALL Houston, TX | PROPERTY PURCHASE BY PITNER CORPORATION | $350,000 |
| DONOR ADVISED FUND Westlake, TX | CHARITABLE FUNDING | $315,771 |
| AMAZING PLACE Houston, TX | SCHOLARSHIP FUND | $100,000 |
| SUMMERHOUSE HOUSTON Houston, TX | NEW VAN | $100,000 |
| VITALIVING Houston, TX | INFRASTRUCTURE SYSTEM IMPROVEMENTS ACTIVITY CENTER DAY PROGRAM | $100,000 |
| CAMP FOR ALL FOUNDATION Houston, TX | PROVIDE CAMPING EXPERIENCE AND TESTING FOR PEOPLE WITH SPECIAL NEEDS | $88,500 |
| VITALIVING Houston, TX | RESIDENTIAL PROGRAM - GROUP HOME REPAIRS/RENOVATIONS | $65,000 |
| WESTERN ACADEMY Houston, TX | PURCHASE OF PROPERTIES NEAR CAMPUS FOR STUDENT BENEFITS. | $60,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's trustees include:
- Robert J Pilegge
- Jereld E McQueen
- Mark L Entmann
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert J Pilegge | Director | 4 | $10,333 |
| Mark L Entmann | Director | 2 | $10,333 |
| Rod Scarborough | Director | 2 | $10,334 |
Contact Information
Address: 1407 Fannin Street Houston, TX 77002-7613
Telephone: 713-654-0144
EIN: 76-0141071
IRS Ruling Year: 1986
Frequently Asked Questions
What does The Medallion Foundation Inc fund?
The foundation's giving priorities include: • Education • Health organizations • Children and youth services • Community development • Social services • Housing • Hunger and homelessness • Sports and recreation • Human services • Poverty alleviation • Reproductive health
How do I apply for a grant from The Medallion Foundation Inc?
**Grant Activity:** • The foundation made 48 grants in 2024 • Total giving in 2024: $3,799,924 • Typical grant awards range from $200 to $1,555,747 **Recent Grants (2024):** • Amazing Place: $100,000 (Scholarship Fund) • Summerhouse Houston: $100,000 (New Van) • Camp For All Foundation: $88,500 (Provide Camping Experience and Testing for People With Special Needs) **Types of Support:** • Building funds • Computers and software • Equipment • General support • Matching grants • Project support
Where does The Medallion Foundation Inc make grants?
The foundation primarily supports nonprofit organizations in the Houston, Texas metropolitan area, with additional giving in Texas, Virginia, and New York.
What size grants does The Medallion Foundation Inc award?
In 2024, The Medallion Foundation Inc awarded 96 grants totaling $3.8M — an average of about $40K per grant, based on its IRS Form 990 filings.
How much is The Medallion Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Medallion Foundation Inc reported a distributable amount of $4.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Medallion Foundation Inc's EIN?
The Medallion Foundation Inc's EIN (Employer Identification Number) is 76-0141071. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.