The Teknion Foundation Inc is a private foundation focused on Education, based in LEWISVILLE, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $764K in total assets. In 2024, it awarded 17 grants totaling $267K. Net investment income was $25K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$764K
-15.8% YoY
Annual Giving
$267K
+7.7% YoY
Grant Count
17
+0.0% YoY
Avg Grant Size
$16K
+7.7% YoY
Under IRS private-foundation payout rules, The Teknion Foundation Inc reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About The Teknion Foundation Inc
Based on IRS filings
The Teknion Foundation Inc is a private foundation focused on Education, based in LEWISVILLE, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $764K in total assets. In 2024, it awarded 17 grants totaling $267K. Net investment income was $25K.
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 | $763,991 | $907,000 | $699,681 |
| Revenue | $125,568 | $457,435 | $825,357 |
| Expenses | $268,577 | $250,116 | $125,676 |
| Qualifying Distributions | $266,511 | $247,399 | $117,750 |
| Net Investment Income | $25,218 | — | — |
| Distributable Amount | $27,830 | $34,838 | $5,648 |
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
49 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wycliffe Bible Translators Inc ($55,200), Freedom Church ($45,000), Avant Ministries ($25,200).
| Recipient | Purpose | Amount |
|---|---|---|
| AVANT MINISTRIES KANSAS CITY, MO | PROVIDE FINANCIAL SUPPORT ON OPERATION | $25,200 |
| COMMISSION TO EVERY NATION KERRVILLE, TX | PROVIDE FINANCIAL SUPPORT ON OPERATION | $3,000 |
| CRU ORLANDO, FL | PROVIDE FINANCIAL SUPPORT ON OPERATION | $16,200 |
| DISCIPLEFIRST COLLEYVILLE, TX | PROVIDE FINANCIAL SUPPORT ON OPERATION | $10,200 |
| EAST-WEST MINISTRIES INT PLANO, TX | PROVIDE FINANCIAL SUPPORT ON OPERATION | $7,800 |
| EUROPEAN INITIATIVE COLLEYVILLE, TX | PROVIDE FINANCIAL SUPPORT ON OPERATION | $9,600 |
| FREEDOM CHURCH MAYPEARL, TX | PROVIDE FINANCIAL SUPPORT ON OPERATION | $45,000 |
| GLOBAL SERVE INERNATIONAL BRADENTON, FL | PROVIDE FINANCIAL SUPPORT ON OPERATION | $4,800 |
| HARVEST BIBLE CHAPEL LEWISVILLE, TX | PROVIDE FINANCIAL SUPPORT ON OPERATION | $1,200 |
| LIKEWISE MINISTRY DESOTO, TX | PROVIDE FINANCIAL SUPPORT ON OPERATION | $9,600 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAWRENCE HANRAHAN | DIRECTOR | 10 | — |
| STEPHEN AGEE | DIRECTOR | — | — |
| JONATHAN AGEE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Teknion Foundation Inc?
The Teknion Foundation Inc is a private foundation focused on Education, based in LEWISVILLE, TX. It holds $764K in total assets as of 2024.
How large is The Teknion Foundation Inc?
As of 2024, The Teknion Foundation Inc holds $764K in total assets with $126K in annual revenue. It awarded 17 grants totaling $267K in 2024.
Where does The Teknion Foundation Inc operate?
The Teknion Foundation Inc has awarded grants in California, Colorado, Florida, Missouri, North Carolina, New York, Texas.
What size grants does The Teknion Foundation Inc award?
In 2024, The Teknion Foundation Inc awarded 17 grants totaling $267K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is The Teknion Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Teknion Foundation Inc reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Teknion Foundation Inc's EIN?
The Teknion Foundation Inc's EIN (Employer Identification Number) is 88-1935674. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Teknion Foundation Inc'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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