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Form 990-PFTax year 2024EIN 20-0445652

Mustangs Forever Inc

A private foundation in Kerrville, TX. Its return for tax year 2024 lists 5 grants and $23,100 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Nov 30, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

1 return on file

Tax year 2024 is the only return we have read for this foundation so far.

  • Tax year 2024

    $23,100

    Grants listed
    5
    Assets, end of year
    $2,896,030

Grants paid in 2024

5 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    Scholarship recipient

    $10,000
  2. Forever BrandedParadise, TX

    Wild horse and burro adoption

    $6,000
  3. Kerr County Jr Livestock ShowKerrville, TX

    Youth development through agriculture

    $5,600
  4. Hill District Grandstand ShowFredericksbrg, TX

    Support youth development through agriculture

    $1,000
  5. Individual

    Scholarship for local seniors

    $500

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Human services1 grant $6,00086% of the total
  2. Philanthropy and grantmaking1 grant $1,00014% of the total

By State

Grants to organizations with a US address, latest year.

  1. Texas3 grants $12,600

Officers, directors and trustees

9 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Marsha OlsonSECRETARYTREASURER Hours 40Pay $0
  • Kenneth KensingVICE PRESIDENT Hours 1Pay $0
  • Jim Behrens2ND VICE PRESIDENT Hours 1Pay $0
  • Randy OlsonEXECUTIVE DIRECTOR Hours 30Pay $0
  • Elizabeth OlsonPRESIDENT Hours 10Pay $0
  • Aubrey HendersonDIRECTOR Hours 1Pay $0
  • Shawn HendersonDIRECTOR Hours 1Pay $0
  • Bill MooreDIRECTOR Hours 1Pay $0
  • Tye StephensDIRECTOR Hours 1Pay $0

The return

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