Collins & Thelma Posey Foundation
Collins & Thelma Posey Foundation is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $3.4M in total assets. In 2026, it awarded 4 grants totaling $198K. Net investment income was $447K.
Collins & Thelma Posey Foundation at a glance
In short: Collins & Thelma Posey Foundation gave $198K across 4 grants in 2026 (avg $50K), mostly in Illinois. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $198,424
- +27.2% vs 2025
- Grants made (2026)
- 4
- +0.0% vs 2025
- Average grant
- $49,606
- +27.2% vs 2025
- Median grant
- $49,606
- Total assets
- $3,392,148
- +10.2% vs 2025
- Primary geography
- Illinois (75% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Collins & Thelma Posey Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2026
The largest 2026 recipient was Wolcott Foundation ($50K). Together the top 3 received $149K.
Organizations only. It also paid 1 individual scholarship ($49,606), which are not listed by name.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 20 grants of 20 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 4 itemized grants.
States
Cities
How Collins & Thelma Posey Foundation gives
- Giving grew 23% from 2023 to 2026. Method
- In 2026 it paid out 117% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2026, annual grant giving ranged from $125K (2024) to $198K (2026). In 2026 it made 4 grants totaling $198K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wolcott Foundation Lansdale, PA | Unrestricted General | $49,606 |
| Knights Templar Education Foundation Clinton, IL | Unrestricted General | $49,606 |
| Spero Family Services Mount Vernon, IL | Unrestricted General | $49,606 |
| 1 individual scholarship Recipients not named | — | $49,606 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,392,148 | $483,364 | $259,492 | $198,424 | 4 | $218,834 | $447,490 | $186,842 |
| 2025 | $3,078,944 | $294,945 | $210,631 | $156,036 | 4 | $175,287 | $258,044 | $177,476 |
| 2024 | $2,972,417 | $113,174 | $172,105 | $124,868 | 4 | $142,119 | $74,530 | $161,223 |
| 2023 | $3,051,927 | $-88,509 | $219,607 | $161,776 | 4 | $178,835 | $33,007 | $159,549 |
| 2022 | $3,349,304 | $638,199 | $224,843 | $165,968 | 4 | $185,556 | $600,597 | $184,175 |
| 2021 | $3,205,579 | $262,888 | $187,524 | $136,872 | 4 | — | $234,025 | $160,444 |
| 2020 | $2,868,947 | $223,688 | $174,946 | $131,084 | 4 | — | $204,481 | $153,345 |
Under IRS private-foundation payout rules, Collins & Thelma Posey Foundation reported a distributable amount of $187K for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Collins & Thelma Posey Foundation's only listed officer is Bank Of America, Trustee on every filing since 2020 (compensated).
Officers on the 2026 filing
Bank Of America
Trustee
On filings since 2020
1 hr/week
$40K (2020) → $50K (2026)
Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $50K, to Bank of America (Trustee).
Frequently asked questions about Collins & Thelma Posey Foundation
How much does Collins & Thelma Posey Foundation give each year?
Collins & Thelma Posey Foundation gave $198K across 4 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $156K across 4 grants.
What is Collins & Thelma Posey Foundation's typical grant size?
Collins & Thelma Posey Foundation's median grant in 2026 was $49,606, and its average grant was $49,606, across 4 grants on its 2026 IRS Form 990-PF.
Where does Collins & Thelma Posey Foundation give grants?
Collins & Thelma Posey Foundation gives mostly in Illinois: 75% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (25%).
Does Collins & Thelma Posey Foundation give general operating support?
Yes: 75% of Collins & Thelma Posey Foundation's 2026 grants with a stated purpose (3 of 4) were for general or operating support, per its 2026 IRS Form 990-PF.
How large is Collins & Thelma Posey Foundation?
Collins & Thelma Posey Foundation reported $3.4M in total assets on its 2026 IRS Form 990-PF. It paid out $219K in qualifying distributions that year, against a required minimum of $187K (roughly 5% of its investment assets).
What is Collins & Thelma Posey Foundation's EIN?
Collins & Thelma Posey Foundation's EIN (Employer Identification Number) is 43-6793208. IRS Form 990 filing data is available on this page for 2020–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2020 (received by the IRS June 12, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 24, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 30, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 29, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 30, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2026 (received by the IRS June 9, 2026)
- IRS filings on file for fiscal years 2021–2025
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