Waco Citizens Foundation
Waco Citizens Foundation is a private foundation, based in Waco, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $56K in total assets. In 2024, it awarded 4 grants totaling $5K. Net investment income was $3K.
Key facts about Waco Citizens Foundation
- EIN
- 74-6044021
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $5,000
- Grants made (2024)
- 4
- Average grant
- $1,250
- Median grant
- $1,250
- Total assets
- $56,478
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Waco Citizens Foundation funds
By grant dollars, the top recipient states for Waco Citizens Foundation's 4 itemized 2024 grants were Texas (100%). The most frequent recipient cities were Waco, TX (3 grants). 100% of grants with a stated purpose were for general or operating support.
How Waco Citizens Foundation gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2024 it paid out 171% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Waco Citizens Foundation
- How to evaluate Waco Citizens Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$56K
-4.3% YoY
Annual Giving
$5K
+0.0% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$1K
+0.0% YoY
Under IRS private-foundation payout rules, Waco Citizens Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Waco Citizens Foundation
Based on IRS filings
Waco Citizens Foundation is a private foundation, based in Waco, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $56K in total assets. In 2024, it awarded 4 grants totaling $5K. Net investment income was $3K.
Ready to take the next step with Waco Citizens Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $56,478 | $59,004 | $63,371 |
| Revenue | $3,229 | $633 | $683 |
| Expenses | $5,755 | $5,000 | $5,647 |
| Qualifying Distributions | $5,000 | $5,000 | $5,000 |
| Net Investment Income | $3,229 | $633 | $48 |
| Distributable Amount | $2,930 | $3,135 | $3,386 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Caritas of Waco ($1,250), Central Texas Senior Ministry ($1,250), Cook Children's Medical Center ($1,250).
| Recipient | Purpose | Amount |
|---|---|---|
| CARITAS OF WACO Waco, TX | OPERATIONAL | $1,250 |
| CENTRAL TEXAS SENIOR MINISTRY Waco, TX | OPERATIONAL | $1,250 |
| COOK CHILDREN'S MEDICAL CENTER Fort Worth, TX | OPERATIONAL | $1,250 |
| THE SALVATION ARMY Waco, TX | OPERATIONAL | $1,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Donald R Howe Sr | Director | — | — |
| William D Lacy | Director | — | — |
| Thomas L Lacy Sr | President/Secretary | — | — |
Frequently Asked Questions
How large is Waco Citizens Foundation?
As of 2024, Waco Citizens Foundation holds $56K in total assets with $3K in annual revenue. It awarded 4 grants totaling $5K in 2024.
Where does Waco Citizens Foundation operate?
Waco Citizens Foundation has awarded grants in Texas.
What size grants does Waco Citizens Foundation award?
In 2024, Waco Citizens Foundation awarded 4 grants totaling $5K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Waco Citizens Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Waco Citizens Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Waco Citizens Foundation's EIN?
Waco Citizens Foundation's EIN (Employer Identification Number) is 74-6044021. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.