Collins & Thelma Posey Foundation

Private foundation · Grantmaker Dallas, TX EIN: 43-6793208

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.

Key facts about Collins & Thelma Posey Foundation

In short: Collins & Thelma Posey Foundation gave $198K across 4 grants in 2026 (avg $50K), mostly in Illinois. Source: 2026 IRS Form 990-PF.

EIN
43-6793208
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$198,424
Grants made (2026)
4
Average grant
$49,606
Median grant
$49,606
Total assets
$3,392,148
Primary geography
Illinois (75% of itemized 2026 grant dollars)

Data from IRS Form 990-PF, 2026; updated September 2026.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$3.4M

+10.2% YoY

Annual Giving

$198K

+27.2% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$50K

+27.2% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 4 itemized 2026 grant dollars.

Cities

ClintonLansdaleMount VernonOrland Park

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K4 grants20204 grants20214 grants20224 grants20234 grants20244 grants20254 grants2026

From 2020 to 2026, annual grant giving ranged from $125K (2024) to $198K (2026). In 2026 it made 4 grants totaling $198K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2026

Wolcott Foundation: $50KWolcott Foundation$50KKnights Templar Education Foundation: $50KKnights Templar EducationFoundation$50KSpero Family Services: $50KSpero Family Services$50KIllinois Scottish Rite Masons: $50KIllinois Scottish Rite Masons$50K

The largest 2026 recipient was Wolcott Foundation ($50K). Together the top 4 received $198K.

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 20 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Wolcott Foundation Lansdale, PAUnrestricted General$49,606
Knights Templar Education Foundation Clinton, ILUnrestricted General$49,606
Spero Family Services Mount Vernon, ILUnrestricted General$49,606
Illinois Scottish Rite Masons Orland Park, ILScholarships$49,606

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020202120222023202420252026
Metric202620252024
Total Assets$3,392,148$3,078,944$2,972,417
Revenue$483,364$294,945$113,174
Expenses$259,492$210,631$172,105
Qualifying Distributions$218,834$175,287$142,119
Net Investment Income$447,490$258,044$74,530
Distributable Amount$186,842$177,476$161,223

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2020 (received by the IRS June 12, 2020)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 24, 2021)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 30, 2022)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS June 29, 2023)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 30, 2024)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2025)
  7. Added Form 990-PF for fiscal year 2026 (received by the IRS June 9, 2026)
  8. IRS filings on file for fiscal years 2021–2025

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

Bank of America — Trustee: $50KBank of AmericaTrustee$50K

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.

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