TAF Foundation

What TAF Foundation does

The Angel Family Foundation (operating as TAF Foundation, TAFF) is a private family foundation established in 2008 by Steve Angel as a birthday gift for his wife Lori Angel, and led operationally by Director Logan Angel since 2014. The foundation makes grants and donations to qualifying 501(c)(3) nonprofit organizations, with funding ranging from $500 to $1.5 million per grant. Its giving is concentrated in four thematic areas: education (the primary focus, with an emphasis on STEM and technology initiatives), Christian faith-based organizations, military and veterans support, and community programming. Operationally the foundation is a small team based at its Dallas, Texas headquarters, with Logan Angel holding a Masters in Nonprofit Management from Northeastern University and serving on boards at Baylor University and NC State.

The foundation's go-to-market is application-driven: 501(c)(3) organizations in Texas, North Carolina, and Colorado (previously Connecticut) submit grant applications, with eligibility tied to education, faith-based missions, military/veterans, and community focus. Marketing and outreach are conducted through a static website (taffoundation.org), a LinkedIn presence tied to the Director, and a newsletter signup. The foundation's 'distribution' is therefore grant-making, not product distribution; it does not offer any technology product, software platform, API, or proprietary service, and operates no commercial revenue line.

Grant-making is anchored by a small number of large, multi-year commitments to higher-education institutions — $2.5 million to North Carolina State University for the Extraordinary Opportunity Scholarship Initiative in 2020, $1.5 million to Baylor University's Garland School of Social Work for the Global Mission Leadership Program in 2021, and a $1.3 million endowed fellowship at Tulane University's Department of Economics in 2023 — alongside a long tail of recurring smaller grants to faith communities (Walnut Hill Community Church, First Baptist Dallas, Young Life, Reaching Hearts Women's Outreach), community organizations (North Texas Food Bank, Dallas Children's Advocacy Center, Falcon Children's Home, Boys & Girls Clubs of Southeastern NC), and veterans-focused nonprofits (Wounded Warrior Project, Veterans of Foreign Wars). Revenue is generated through the foundation's endowment and family contributions rather than commercial operations.

Name

TAF Foundation

Legal name

The Angel Family Foundation

Website

https://taffoundation.org

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

The Angel Family Foundation (TAF Foundation) is a private family foundation established in 2008 that provides grants of $500 to $1.5 million to 501(c)(3) nonprofits in Texas, North Carolina, and Colorado, with primary focus on education, faith-based missions, military/veterans, and community organizations.

Ownership category

akta.pro rank

Product category

Philanthropic Grant-Making

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Grantmaking and Giving Services (8132)

SIC

Services-Social Services (8300)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industry

Scholarship & Fellowship Foundations and Trusts (EDADAHAC)

Keywords

• Philanthropic foundation
• Grant-making services
• Educational scholarships
• Nonprofit funding
• Community grants

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Philanthropic Giving: The Angel Family Foundation operates as a private family foundation that provides grants and donations to qualifying nonprofit organizations. Revenue is generated through the foundation's endowment and family contributions rather than commercial operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

The Angel Family Foundation is a private family foundation that provides grants and donations ranging from $500 to $1.5 million to qualifying 501(c)(3) organizations. Primary giving areas include education (scholarships, capital funding, STEM initiatives), faith-based missions, military/veterans support, and community programs in Texas, North Carolina, and Colorado.

Product overview

TAF Foundation (The Angel Family Foundation) is a philanthropic organization focused on grant-making and funding programs. It does not operate a technology product or software platform. The foundation's offerings consist of financial grants, scholarships, and donations to educational institutions, faith-based organizations, community programs, and military/veteran support organizations. Funding ranges from $500 to $1.5 million as stated on the contact page. No branded product modules or technology services are offered.

Differentiator

Problem solved

Functional benefit

Products and services

• Direct Grant Program
• Extraordinary Opportunity Scholarship Initiative
• Global Mission Leadership Scholarships
• Angel Family Graduate Fellowship Endowed Fund

Quantifiable outcome

• Provides meals to communities through North Texas Food Bank support
• +2 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Tulane UniversitycoreStrategic or Co-development Partner · 1 January 2023$1.3 million endowed fellowship in the Department of Economics providing tuition assistance to graduate students. Inspired by Mason Angel's volunteering experience.
• Baylor UniversitycoreStrategic or Co-development Partner · 1 January 2021$1.5 million gift to support student scholarships in the Diana R. Garland School of Social Work's Global Mission Leadership Program. Logan Angel serves on the Board of Advocates.
• North Carolina State UniversitycoreStrategic or Co-development Partner · 1 January 2020Long-standing partnership providing capital funding and Extraordinary Opportunity Scholarships for students from rural counties. Stephen Angel is an NC State alumnus.
• North Texas Food BankminorStrategic or Co-development PartnerProvides approximately 140 million meals annually; foundation supports with both funding and volunteer involvement.
• Wounded Warrior ProjectminorStrategic or Co-development PartnerMission to empower and honor wounded warriors; foundation supports to ensure veterans have opportunities for civilian success.
• Young LifeminorStrategic or Co-development PartnerFaith-based youth organization providing fun, adventurous, life-changing experiences; foundation has personal connection as beneficiaries.
• Veterans of Foreign WarsminorStrategic or Co-development PartnerMajor veterans organization supported by the foundation.
• Dallas Children's Advocacy CenterminorStrategic or Co-development PartnerChild advocacy nonprofit supported through North Texas Giving Day and other donations.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Market position

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/theangelfamilyfoundation
• LinkedInlinkedin.com/company/taf-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TAF Foundation