The Psalm 2510 Foundation
Preselected recipients only
The Psalm 2510 Foundation is a private foundation in Fort Worth, Texas. In tax year 2024 it gave $2.4 million in 10 grants; the typical grant was $150,000 and the largest $1.0 million. 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$2.4 million
- Number of grants10
- Typical grant$150,000
- Largest grant$1.0 million
- Assets$67.2 million
- New grantees40%
Giving in 2024 was down from $3.3 million 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 | $3.3 million | 11 | $67.8 million |
| 2024 | $2.4 million | 10 | $67.2 million |
How to apply
The Psalm 2510 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 The Psalm 2510 Foundation funds
Where it gives
Its grants went to recipients in 4 states, the most to Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 7 | $1.1 million |
| Virginia | 1 | $1.0 million |
| Oklahoma | 1 | $200,000 |
| Michigan | 1 | $25,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| International Mission Board of the Southern Baptist Conventions | General Fund | $1.0 million |
| Beautiful Feet Ministries | General Fund | $300,000 |
| International Evangelism Assocation | General Fund | $300,000 |
| Travis Avenue Baptist Church | General Fund | $300,000 |
| Meridian University for Biblical Training | General Fund | $200,000 |
| Christ Chapel Bible Church | General Fund | $100,000 |
| The Southern Baptist Theological Seminary | General Fund | $100,000 |
| Revive our Hearts | General Fund | $25,000 |
| Gospel Harvesters International | General Fund | $25,000 |
| Pregnancy Help Center of Fort Worth | General Fund | $10,000 |
Officers and trustees
- David Shanks
- Derek Holmes
- Glenn Hodge
Questions people ask
Does The Psalm 2510 Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Psalm 2510 Foundation give?
$2.4 million in tax year 2024, across 10 grants, with a typical grant of $150,000.
Who runs The Psalm 2510 Foundation?
Its 2024 filing lists David Shanks (President/Director), Derek Holmes (Director) and Glenn Hodge (Director).
What does The Psalm 2510 Foundation fund?
Based on its grants, mainly faith communities, international and education.