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K-ED FOUNDATION

FRISCO, TX 872127462

The K-ED Foundation in Frisco, Texas, manages over $15 million in assets, funds projects across several U.S. cities, and is led by the Schertz family, who serve without compensation.

Overview

About K-ED FOUNDATION

The K-ED Foundation, based in Frisco, Texas, is a philanthropic organization with assets totaling $15,523,924. Despite having expenses of $1,879,362, the foundation generated a revenue of $650,032. The foundation does not have a specified focus on particular subject areas but has funded projects in various cities across the United States, including City of Industry, Fremont, Omaha, Orlando, Richardson, Roswell, and Springfield. These cities are located in the states of California, Florida, Michigan, Missouri, Nebraska, New Mexico, and Texas. The foundation is led by Morris E. Schertz as President, Holly K. Schertz as Treasurer, Keenan C. Schertz as Vice President, and Cayle A. Schertz as Secretary. Notably, none of the officers receive compensation for their roles.

Focus Areas

N/A

Geographic Focus

CAFLMIMONENMTX
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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $15.5M
Total Awarded This Year $1.8M
Average Grant Size $257K
Total Grants (Previous Year) 251
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
FRISCO, TX US
Geographic Funding Distribution

Financials

Total Assets
$15,523,924

in 2024, compared to $16,753,254 in 2023

Annual Grants
$1,798,500

7 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$2,000,000CONVOY OF HOPECHARITABLE CONTRIBUTION TO 501(C)3 NONPROFIT1 CONVOY DRIVE SPRINGFIELD, MO US2023
$1,300,000CONVOY OF HOPECHARITABLE CONTRIBUTION TO 501(C)3 NONPROFIT1 CONVOY DRIVE SPRINGFIELD, MO US2024
$300,000EDUCATIONAL MEDIA FOUNDATIONCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFITPO BOX 2098 OMAHA, NE US2024
$100,000REDEEMED FOUNDATIONCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFIT6130W 56TH STREET FREMONT, MI US2024
$50,000THE SALVATION ARMYCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFITPO BOX 60115 CITY OF INDUSTRY, CA US2024
$36,000CRUCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFITPO BOX 628222 ORLANDO, FL US2024
$7,500THE WARREN CENTERCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFIT320 CUSTER RD RICHARDSON, TX US2024
$5,000DOWN SYNDROME FSENMCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFITPO BOX 4365 ROSWELL, NM US2024
8 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
MES
MORRIS E SCHERTZ
PRESIDENT$02023
HKS
HOLLY K SCHERTZ
TREASURER$02023
KCS
KEENAN C SCHERTZ
VICE PRESIDENT$02023
CAS
CAYLE A SCHERTZ
SECRETARY$02023
MES
MORRIS E SCHERTZ
PRESIDENT$02024
HKS
HOLLY K SCHERTZ
TREASURER$02024
KCS
KEENAN C SCHERTZ
VICE PRESIDENT$02024
CAS
CAYLE A SCHERTZ
SECRETARY$02024
8 row(s) total.

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Page 1 of 1

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025