K-Ed Foundation
Preselected recipients only
K-Ed Foundation is a private foundation in Frisco, Texas. In tax year 2025 it gave $2.5 million in 12 grants; the typical grant was $22,500 and the largest $1.5 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$2.5 million
- Number of grants12
- Typical grant$22,500
- Largest grant$1.5 million
- Assets$14.0 million
- New grantees42%
Giving in 2025 was down from $4.4 million the year before.
42% of its 2025 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 | $1.8 million | 7 | $18.8 million |
| 2024 | $4.4 million | 19 | $13.3 million |
| 2025 | $2.5 million | 12 | $14.0 million |
How to apply
K-Ed 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 K-Ed Foundation funds
Where it gives
Its grants went to recipients in 7 states, the most to Missouri.
| State | Grants | Amount |
|---|---|---|
| Missouri | 1 | $1.5 million |
| California | 2 | $285,000 |
| Georgia | 1 | $275,000 |
| Michigan | 1 | $155,200 |
| Texas | 1 | $150,000 |
| New Mexico | 5 | $85,000 |
| North Carolina | 1 | $10,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Convoy of Hope | Charitable contribution to 501(c)(3) nonprofit | $1.5 million |
| Adult & Teen Challenge of NM | Charitable contribution to 501(c)(3) nonprofit | $275,000 |
| K-Love Radio Network | Charitable contribution to 501(c)(3) nonprofit | $275,000 |
| Redeemed Foundation | Charitable contribution to 501(c)(3) nonprofit | $155,200 |
| Vine Ministries | Charitable contribution to 501(c)(3) nonprofit | $150,000 |
| Harvest Ministries | Charitable contribution to 501(c)(3) nonprofit | $25,000 |
| Cornerstone Baptist Church | Charitable contribution to 501(c)(3) nonprofit | $20,000 |
| Immanual Lutheran School | Charitable contribution to 501(c)(3) nonprofit | $15,000 |
| Gateway Christian School | Charitable contribution to 501(c)(3) nonprofit | $15,000 |
| The Salvation Army | Charitable contribution to 501(c)(3) nonprofit | $10,000 |
| NM Baptist Children's Home | Charitable contribution to 501(c)(3) nonprofit | $10,000 |
| Joytime Ministries Inc | Charitable contribution to 501(c)(3) nonprofit | $10,000 |
Officers and trustees
- Morris E Schertz
- Holly K Schertz
- Keenan C Schertz
- Cayle A Schertz
Questions people ask
Does K-Ed Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does K-Ed Foundation give?
$2.5 million in tax year 2025, across 12 grants, with a typical grant of $22,500.
Who runs K-Ed Foundation?
Its 2025 filing lists Morris E Schertz (President), Holly K Schertz (Treasurer), Keenan C Schertz (Vice President) and Cayle A Schertz (Secretary).
What does K-Ed Foundation fund?
Based on its grants, mainly youth programs, faith communities and education.