ERF REAL ESTATE INC
Data sourced from IRS 990 public filings
ERF REAL ESTATE INC Our MissionThe Mission of the Ed Rachal Foundation is established by the last will and testament of the Foundation’s benefactor. In his will dated June 2, 1964, the late Ed Rachal decreed, “…I devise and bequeath the rest and residue of my estate of every kind and wheresoever situated real, personal and mixed, to such corporation to be used exclusively for the benefit of charitable, scientific, literary or educational purposes within the State of Texas” In keeping with this instruction, the Ed Rachal Foundation was created on July 29, 1965. This rather profound, albeit simple statement provides the mission pursued by the Foundation’s management staff and Board of Directors.
Known Funders
1
Grants Received
1
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $0 | $0 | $128,925,041 |
| 2022 | — | — | $111,022,063 |
| 2021 | $282,233 | $282,233 | $107,095,303 |
| 2020 | $13,193 | $13,193 | $91,142,527 |
| 2019 | $162,821 | $162,821 | $78,220,373 |
| 2018 | $198,007 | $198,007 | $72,479,821 |
| 2017 | $331,429 | $331,429 | $57,337,873 |
| 2016 | $453,782 | $453,782 | $38,412,602 |
Top Funders
CORPUS CHRISTI, TX
Key Personnel
From 2023 IRS 990 filing
JOHN J JOHNSON
SECRETARY/TREASURER
KENNETH W TRAWICK
BOARD VICE CHAIRMAN
DAVID L HOYER
BOARD CHAIRMAN
DAVID J MORALES
DIRECTOR
JOSHUA T GAINES
DIRECTOR
KENNETH L KELLAR
DIRECTOR
MYRA K MORRIS
CHIEF LEGAL COUNSEL
MICHAEL HILL
COMPTROLLER
TAYLOR HUNT
SR. PROJECT MANAGER
BETTIE BILLINGS
ASST. COMPTROLLER
Showing 10 of 23 key personnel.
Frequently Asked Questions
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