Hernandez Foundation
Preselected recipients only
Hernandez Foundation is a private foundation in Fort Worth, Texas. In tax year 2024 it gave $579,364 in 5 grants; the typical grant was $25,000 and the largest $300,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$579,364
- Number of grants5
- Typical grant$25,000
- Largest grant$300,000
- Assets$59,821
- New grantees40%
Giving in 2024 was up from $563,336 the year before.
40% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $563,336 | 5 | $13,053 |
| 2024 | $579,364 | 5 | $59,821 |
How to apply
Hernandez Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Hernandez Foundation funds
Where it gives
All of its grants went to recipients in Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 5 | $579,364 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| The Assocaition of Former Students | To promote the organization's charitable purpose | $300,000 |
| Op 1033 Inc | To promote the organization's charitable purpose | $242,364 |
| Catholic Charities of the Rio Grande Valley | To promote the organization's charitable purpose | $25,000 |
| Astra Education in Sports | To promote the organization's charitable purpose | $10,000 |
| Saint Joseph Academy | To promote the organization's charitable purpose | $2,000 |
Officers and trustees
- Michael A Hernandez III
- Carlos Marin
Questions people ask
Does Hernandez Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Hernandez Foundation give?
$579,364 in tax year 2024, across 5 grants, with a typical grant of $25,000.
Who runs Hernandez Foundation?
Its 2024 filing lists Michael A Hernandez III (Trustee/Board Member) and Carlos Marin (Trustee/Board Member).
What does Hernandez Foundation fund?
Based on its grants, mainly education.