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Pinon Foundation EIN 20-5688587

Pinon Foundation

EIN  20-5688587 Private foundation / grantmaker Dallas, TX
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Size
$100K–1M
What they do
A private foundation based in Dallas, TX. It reported about $559K in revenue for 2024.
Leadership
N Malone Mitchell 3rd · Officer
Money in and out
$559K revenue, $793K expenses
Bottom line
—

A private foundation based in Dallas, TX. It reported about $559K in revenue for 2024. For fiscal year 2024 it reported $559K in revenue, $793K in expenses, and $14.6M in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$559K
Pt VIII · Ln 12
Total expenses
$793K
Pt IX · Ln 25
Net assets
$14.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$234K
Total assets
14.6M
deployed as grants and operations
Grants paid
680K
in FY2024
Grants made
50grants
total in period
Payout rate
5%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 50 grants · $680K · 2024–2024
Hearts for Hearing FoundationOK · FY2024$40,000
Infant Crisis ServicesOK · FY2024$30,000
Texas 4-H Youth Development Foundation District 6FY2024$30,000
Teach for America Dallas-Fort WorthFY2024$30,000
Young Womens Preparatory NetworkFY2024$25,000
Perot Museum Fo Nature and ScienceFY2024$25,000
Sunbeam Family Services INCOK · FY2024$25,000
Alliance for Choice in EducationCO · FY2024$25,000
First Response Ministry INCTX · FY2024$25,000
Council for LifeTX · FY2024$25,000
Buckner FoundationFY2024$25,000
Texas Tech UniversityFY2024$20,777
The Care CenterFY2024$20,000
Casa Travis CountyFY2024$20,000
Trusted World Foundation INCTX · FY2024$20,000
The Compass School of TexasTX · FY2024$20,000
Amarillo Area CasaTX · FY2024$15,000
Texas Tech Foundation INCTX · FY2024$15,000
See all 50 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV24
Average grantPart XV$14K
Median grantPart XV$10K
Largest grantPart XV$40K
Top cause focusNTEEHuman Services (18%)

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$559K
FY2024▼ -9%
Expenses
$793K
FY2024▼ -20%
Total assets
$14.6M
FY20240%
Total liabilities
$7K
FY2024▼ -4%
Total revenue
$559K
Pt VIII · Ln 12
Total expenses
$793K
Pt IX · Ln 25
Net assets
$14.6M
Pt X · Ln 32
Total assetsPt II$14.6M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPinon Foundation
EINHdr · item D20-5688587
Principal addressHdr · item CDallas, TX
WebsiteHdr · item Jwww.pinonfoundation.org
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFAug 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Pinon Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income101%$564K
Total revenueLn 12$559K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.86 Operating & administrative $0.14
Grants & contributions paid86%$680K
Operating & administrative14%$113K
Total functional expensesLn 25$793K

Balance Sheet

Part X · end of year
CashLn 1$3.6M
Total assetsLn 16$14.6M
Total liabilitiesLn 26$7K
Total net assetsLn 32$14.6M
Months of cash on handcomputed53.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $14.6M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $559K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $559K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $559K · Prior year $616K
-9%
Net-asset trend (YoY)
End of year $14.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $559K · Expenses $793K
-42%
Liabilities-to-Assets
Total liabilities — · Total assets $14.6M
—
Net-asset ratio
Net assets $14.6M · Total assets $14.6M
100%
People & payroll
Highest Reported Total Compensation
Individual N Malone Mitchell 3rd · Reported title OFFICER · Highest reported compensation $0 · Total expenses $793K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -9%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$559K revenue · viewing · ⤓ 990 PDF
FY2023$616K revenue · ⤓ 990 PDF
FY2022$431K revenue · ⤓ 990 PDF
FY2021$-1.8M revenue · ⤓ 990 PDF
FY2020$-1.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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