The Scharpen Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HUTTO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 4 grants totaling $589K. Net investment income was $97K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-24.2% YoY
Annual Giving
$589K
+351.5% YoY
Grant Count
4
-33.3% YoY
Avg Grant Size
$147K
+577.3% YoY
About The Scharpen Foundation Inc
Based on IRS filings
The Scharpen Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HUTTO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 4 grants totaling $589K. Net investment income was $97K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,594,021 | $2,102,368 | $1,878,564 |
| Revenue | $117,473 | $385,513 | $53,801 |
| Expenses | $629,073 | $163,537 | $102,246 |
| Qualifying Distributions | $627,412 | $161,461 | $36,938 |
| Net Investment Income | $97,473 | $348,806 | $1 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SCOTT SCHARPEN | President | 10 | — |
| CAROLYN SCHARPEN | Director | 10 | — |
| STEVE NORRIS | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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