The Psalm 2510 Foundation is a private foundation based in Fort Worth, Texas, established in 2008. The organization operates as a 501(c)(3) tax-exempt entity and functions primarily as a grantmaking foundation with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$71.4M
-3.8% YoY
Annual Giving
$2.4M
-27.5% YoY
Grant Count
10
-9.1% YoY
Avg Grant Size
$236K
-20.2% YoY
Grantmaking
The foundation made 10 grants in 2024. Recent grants include:
Grant Range
s ranging from $25,000 to $1,000,000.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total Assets: $71,399,278
- Total Revenues: $131,523
- Total Expenses: $2,497,304
As of December 31, 2023:
- Total Assets: $67,765,050
- Total Revenues: $403,000
- Total Expenses: $3,390,000
The foundation maintains substantial assets relative to its annual revenues, indicating a well-capitalized grantmaking operation.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $71,399,278 | $74,238,986 | $78,015,483 |
| Revenue | $131,523 | $402,811 | $-11,287,860 |
| Expenses | $2,497,304 | $3,387,621 | $3,895,710 |
| Qualifying Distributions | $2,365,153 | $3,259,725 | $3,109,368 |
| Net Investment Income | $524,213 | $1,653,677 | $831,177 |
| Distributable Amount | $2,175,686 | $2,255,196 | $3,849,240 |
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
51 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
David C. Shanks serves as President of the foundation. Additional trustees include Derek Holmes and Glenn Hodge.
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Contact Information
Mailing Address: PO Box 6808 Fort Worth, TX 76115
Phone: (817) 991-8888
EIN: 20-4128717
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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