Usd Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $998 in total assets. In 2024, it awarded 1 grants totaling $70K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$998
-85.4% YoY
Annual Giving
$70K
-59.5% YoY
Grant Count
1
-88.9% YoY
Avg Grant Size
$70K
+264.7% YoY
About Usd Foundation
Based on IRS filings
Usd Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $998 in total assets. In 2024, it awarded 1 grants totaling $70K.
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 | $998 | $6,826 | $8,739 |
| Revenue | $70,000 | $200,003 | $160,003 |
| Expenses | $76,177 | $179,274 | $188,846 |
| Qualifying Distributions | $75,827 | $179,099 | $188,846 |
| Net Investment Income | — | $3 | $3 |
| Distributable Amount | $241 | $732 | $3,626 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
59 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 |
|---|---|---|---|
| ADAM ALTSULER | DIRECTOR | 1 | — |
| CLYDE CRUTCHMER | DIRECTOR | 1 | — |
| DALE NORRIS | DIRECTOR | 1 | — |
| DAN BORGEN | PRESIDENT | 1 | — |
| MARK COLE | SECRETARY | 1 | — |
| MICHAEL R CURRY | TREASURER | 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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