The USAA Educational Foundation

Private foundation · Grantmaker San Antonio, TX EIN: 74-2411017

The USAA Educational Foundation is a private foundation focused on Education, based in San Antonio, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $115.0M in total assets. In 2024, it made $5.2M in qualifying distributions. Net investment income was $6.2M.

Key facts about The USAA Educational Foundation

EIN
74-2411017
Latest 990 filing
Form 990-PF, 2024
Total assets
$114,964,812

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$115.0M

+4.4% YoY

Revenue

$6.2M

+10.5% YoY

Qualifying Distributions

$5.2M

-2.8% YoY

Expenses

$5.4M

-0.6% YoY

How The USAA Educational Foundation gives

  • Giving grew 54% from 2020 to 2023. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AlexandriaCollege StationPeachtree CityWashingtonWesterville

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K2 grants2020 2 grants2021 0 grants2022 1 grant2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $105K (2021) to $169K (2023). In 2023 it made 1 grant totaling $169K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

1<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 3 grants of 5 (60%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M$40M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$114,964,812$110,108,869$102,039,611
Revenue$6,246,371$5,652,279$28,503,650
Expenses$5,354,231$5,386,048$5,035,895
Qualifying Distributions$5,157,905$5,309,084$4,927,710
Net Investment Income$6,176,045$5,614,315$4,575,973

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The USAA Educational Foundation is led by David Evetts, President since 2024 (on filings since 2021); 3 of 15 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • David Evetts

    President

    Assistant Vice President → President, 2024

    On filings since 2021

    55 hrs/week

    $149K (2021) → $396K (2024)

  • Ameesh Vakharia

    Chair

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Dana A Simmons

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • David Cummings

    Director

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Mary Stork

    Director

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Celie Niehaus

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Dan Goldenberg

    Director

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

  • Michael Linnington

    Director

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

  • Duke Nave

    Finance Officer

    New on the 2024 filing

    40 hrs/week

    $230K (2024)

  • Renee Joseph

    Risk Officer

    New on the 2024 filing

    40 hrs/week

    $161K (2024)

  • Brad Weber

    Treasurer

    Director → Treasurer, 2022

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Lindsey ONeill

    Vice Chair

    Director → Director & President, 2022

    Director & President → Vice Chair, 2024

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Julie Puchot

    Assistant Tax Officer

    Assis Tax Officer Strt: → Assistant Tax Officer, 2023

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Rebecca Martinez

    Assistant Tax Officer

    Assis Tax Officer Strt: → Assistant Tax Officer, 2023

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Suzanne Friday

    Secretary

    Secretary Start: → Secretary, 2024

    On filings since 2023

    0.3 hrs/week

    No compensation reported

Former officers (10)
  • Former: Doug Monska (2020–2023) — Tax Officer
  • Former: Melinda Blundell (2022–2023) — Secretary
  • Former: Yvonne Aponte (2020–2022) — Secretary
  • Former: Dan Cable (2020–2021) — Former Assistant Vice President
  • Former: Harriet E. Dominique (2020–2021) — President
  • Former: Jeffrey Wallace (2020–2021) — Former Director
  • Former: Jim Syring (2020–2021) — Former Director
  • Former: Kasey Kimball (2020–2021) — Former Assistant Secretary
  • Former: Robert Johnson Jr. (2020–2021) — Former Director & Interim Chair
  • Former: Tony Wells (2020–2021) — Former Chair

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

David Evetts — President: $396KDavid EvettsPresident$396KDuke Nave — Finance Officer: $230KDuke NaveFinance Officer$230KRenee Joseph — Risk Officer: $161KRenee JosephRisk Officer$161K

The highest reported compensation on the 2024 filing was $396K, to David Evetts (President). 3 officers or directors reported compensation on that filing.

Frequently asked questions about The USAA Educational Foundation

How large is The USAA Educational Foundation?

The USAA Educational Foundation reported $115.0M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $6.2M.

What is The USAA Educational Foundation?

The USAA Educational Foundation is a private foundation focused on Education, based in San Antonio, TX. It holds $115.0M in total assets as of 2024.

Where does The USAA Educational Foundation operate?

The USAA Educational Foundation has awarded grants in District of Columbia, Georgia, Ohio, Texas, Virginia.

What is The USAA Educational Foundation's EIN?

The USAA Educational Foundation's EIN (Employer Identification Number) is 74-2411017. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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