USIT Foundation
The Foundation supports the USIT student organization and engages its alumni to promote personal and professional growth through active charitable giving.
USIT Foundation at a glance
In short: USIT Foundation gave $91K across 5 grants in 2023 (avg $18K), top state Georgia. Source: 2023 IRS Form 990.
- Annual giving (2023)
- $91,003
- Grants made (2023)
- 5
- Average grant
- $18,201
- Median grant
- $22,192
- Total assets
- $145,223
- +22.1% vs 2022
- Primary geography
- Georgia (29% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990, 2023 View filing
Data from IRS Form 990, 2023; updated September 2026.
Who USIT Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2023
The largest 2023 recipient was Rehabilitation Enables Dre ($27K). Together the top 5 received $91K.
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 5 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2023 it made 5 grants totaling $91K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rehabilitation Enables Dre Atlanta, GA | Unrestricted funds | $26,667 |
| Inside Circle Sacramento, CA | Unrestricted funds | $23,294 |
| Moneythink USA Chicago, IL | Unrestricted funds | $22,192 |
| Prison Scholars Fund Seattle, WA | Unrestricted funds | $10,000 |
| Prison Entrepreneur Prgram Houston, TX | Unrestricted funds | $8,850 |
Ready to take the next step with USIT Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2023 | $145,223 | $171,909 | $150,432 | $91,003 | 5 | $622 |
| 2022 | $118,942 | $75,988 | $54,412 | — | — | — |
About USIT Foundation
Based on IRS filings
USIT Foundation is a public charity focused on Education, based in Houston, TX. IRS filing data is available from 2022 through 2023. As of 2023, the organization holds $145K in total assets. In 2023, it awarded 5 grants totaling $91K. Net investment income was $622.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
USIT Foundation is led by Harvey D. Powers, Trustee on every filing since 2022 — the only officer listed, and uncompensated.
Officers on the 2023 filing
Harvey D. Powers
Trustee
On filings since 2022
10 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2022–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about USIT Foundation
How much does USIT Foundation give each year?
USIT Foundation gave $91K across 5 grants in 2023, according to its 2023 IRS Form 990.
What is USIT Foundation's typical grant size?
USIT Foundation's median grant in 2023 was $22,192, and its average grant was $18,201, across 5 grants on its 2023 IRS Form 990.
Where does USIT Foundation give grants?
USIT Foundation's top state is Georgia, with 29% of the grant dollars itemized on its 2023 IRS Form 990. The next largest states were California (26%) and Illinois (24%).
Does USIT Foundation give general operating support?
Yes: 100% of USIT Foundation's 2023 grants with a stated purpose (5 of 5) were for general or operating support, per its 2023 IRS Form 990.
Who are USIT Foundation's largest grantees?
USIT Foundation's largest 2023 grantees include Rehabilitation Enables Dre ($26,667), Inside Circle ($23,294) and Moneythink USA ($22,192), according to its 2023 IRS Form 990. Together they received 79% of its itemized 2023 grant dollars.
How large is USIT Foundation?
USIT Foundation reported $145K in total assets on its 2023 IRS Form 990. Its revenue that year was $172K.
What is USIT Foundation?
USIT Foundation is a public charity focused on Education, based in Houston, TX. It holds $145K in total assets as of 2023.
What is USIT Foundation's EIN?
USIT Foundation's EIN (Employer Identification Number) is 81-2766893. IRS Form 990 filing data is available on this page for 2022–2023.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS August 9, 2024)
- IRS filings on file for fiscal years 2022–2023
Explore Open Grants
Browse active grant opportunities in USIT Foundation's focus areas in our free grants database
Similar Funders
Similar funders in Texas
Communities Foundation of Texas Inc
Dallas, TX
Communities Foundation of Texas funds a broad range of community needs, including health, education, housing, and community development, primarily in North Texas and across Texas. Its 2025 grants had a median of about $18,800, though amounts varied widely; nearly all opportunities are by invitation, with some specific programs open for applications.
Assets
$1.2B
Grants
2,209
Total Given
$209.2M
Greater Houston Community Foundation
Houston, TX
The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
BNSF Railway Foundation
Fort Worth, TX
The BNSF Railway Foundation funds civic, cultural, education, health and human services, environmental, and youth programs, including operating costs and specific projects. Its 2025 median grant was $2,500, though awards ranged from $100 to $500,000; it supports eligible organizations serving communities near BNSF rail lines across its 28 operating states. The foundation provides an online application process, but whether it accepts unsolicited requests is not stated.
Assets
$23.0M
Grants
993
Total Given
$7.0M
Baker Hughes Foundation
Houston, TX
Assets
$2.2M
Grants
990
Total Given
$3.2M
Community Foundation of North Texas (Tax
Fort Worth, TX
The foundation supports nonprofits and community projects in areas including animal welfare, nonprofit capacity building, first responders, land conservation, neighborhood development, opportunity and access, and scholarships. In 2024, grants ranged from $5,100 to $1.5 million, with a median of $14,250; its service area covers 11 North Texas counties. It accepts applications for some competitive grant programs through its online portal, but donor-advised grants are not open to nonprofit applications.
Assets
$544.9M
Grants
872
Total Given
$41.3M
Michael & Susan Dell Foundation
Austin, TX
The Michael & Susan Dell Foundation funds education, health, jobs and livelihoods, and family economic stability, with its deepest U.S. focus in Texas and additional work across the U.S. and internationally. In 2024 it awarded 835 grants totaling about $164.6 million; grants ranged from $75 to $50 million, with a median of $19,324. It accepts unsolicited requests through its online application process.
Assets
$7.8B
Grants
835
Total Given
$164.6M
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from USIT Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
USIT Foundation down — hundreds of funders to go?