Spec's Charitable Foundation
Preselected recipients only
Spec's Charitable Foundation is a private foundation in Houston, Texas. In tax year 2024 it gave $1.6 million in 4 grants; the typical grant was $385,000 and the largest $735,000. 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$1.6 million
- Number of grants4
- Typical grant$385,000
- Largest grant$735,000
- Assets$5.0 million
- New grantees25%
Giving in 2024 was up from $1.5 million the year before.
25% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $1.5 million | 4 | $4.6 million |
| 2024 | $1.6 million | 4 | $5.0 million |
How to apply
Spec's Charitable 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 Spec's Charitable Foundation funds
Where it gives
All of its grants went to recipients in Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 4 | $1.6 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| ArchDiocese of Galveston | Educational purposes | $735,000 |
| Houston Symphony Outreach | Educational Purposes | $650,000 |
| U of H Conrad Hilton School | Educational Purposes | $120,000 |
| University of North Texas Foundation | Educational Purposes | $70,000 |
Officers and trustees
- John A Rydman
- Karen Lynn Rydman
- Lisa R Key
- Robert J Heisler
Questions people ask
Does Spec's Charitable Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Spec's Charitable Foundation give?
$1.6 million in tax year 2024, across 4 grants, with a typical grant of $385,000.
Who runs Spec's Charitable Foundation?
Its 2024 filing lists John A Rydman (Vice Pres), Karen Lynn Rydman (President), Lisa R Key (Sec/Treas.) and Robert J Heisler (Vice Pres).
What does Spec's Charitable Foundation fund?
Based on its grants, mainly education.