The Mike and Mary Terry Family
The Mike & Mary Terry Family Foundation is a Christian-based private 501(c)(3) family foundation located in Dallas, Texas. Established in 2000 and founded operationally in August 2006, the foundation is dedicated to investing in North Texas initiatives that improve the quality of life for vulnerable populations, particularly children and families experiencing poverty.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.4M
-0.7% YoY
Annual Giving
$836K
+2.2% YoY
Grant Count
28
+33.3% YoY
Avg Grant Size
$30K
-23.4% YoY
Mission & Focus Areas
Mission Statement: The Mike & Mary Terry Family Foundation provides support for organizations focused on providing equal opportunities for all children, advancing youth through education, and ensuring a haven for those in need.
Primary Focus Areas:
- Children and youth services, particularly programs assisting mentally or physically abused children
- Educational opportunities and assistance for children and youth in need
- Cultural education through the performing arts
- Initiatives addressing homelessness
- Assistance for families facing poverty
The foundation's stated goal is to eliminate barriers and provide equal opportunities, ensuring the community's most vulnerable receive the care, education, and resources they deserve to escape a life of poverty.
Grantmaking
The foundation typically selects grantees rather than accepting unsolicited applications. Prospective applicants are directed to review the Foundation's Focus Areas and Grant Guidelines.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation concentrates its grantmaking in Texas, with a primary focus on North Texas residents and initiatives.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $5,380,519
- Total Revenues: $1,360,549
- Total Expenses: $1,051,772
- Number of Employees: 1
Historical Asset Trend: Total assets have decreased from $16.8 million in 2011 to $5.4 million in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,380,519 | $5,420,218 | $5,800,420 |
| Revenue | $1,360,549 | $920,162 | $634,872 |
| Expenses | $1,051,772 | $1,085,458 | $1,352,049 |
| Qualifying Distributions | $835,600 | $818,000 | $942,195 |
| Net Investment Income | $784,263 | $442,943 | $305,170 |
| Distributable Amount | $315,014 | $307,937 | $351,348 |
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
106 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Executive Director:
- Christina Collins (compensation: $120,000 as of December 2024)
Founders:
- Mike & Mary Terry
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL F TERRY | VICE PRESIDENT & TREASURER | 4 | — |
| MARY D TERRY | SECRETARY | 5 | — |
| MELISSA T PRIDMORE | PRESIDENT | 7 | — |
| MICHAEL F TERRY JR | BOARD MEMBER | — | — |
| TRAVIS TERRY | BOARD MEMBER | — | — |
| CHRISTINA COLLINS | EXECUTIVE DIRECTOR | 40 | $120,000 |
Contact Information
- Address: 12240 Inwood Rd Ste 300, Dallas, TX 75244-8022
- Phone: 214-368-1550
- Website: www.terryfamilyfoundation.org
- EIN: 75-2902847
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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