Combined Townsend Fund
Combined Townsend Fund is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.9M in total assets. In 2024, it awarded 3 grants totaling $1.0M. Net investment income was $1.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.9M
+0.8% YoY
Annual Giving
$1.0M
-2.1% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$334K
-2.1% YoY
Under IRS private-foundation payout rules, Combined Townsend Fund reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
About Combined Townsend Fund
Based on IRS filings
Combined Townsend Fund is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.9M in total assets. In 2024, it awarded 3 grants totaling $1.0M. Net investment income was $1.3M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,879,443 | $20,707,021 | $21,101,317 |
| Revenue | $1,378,019 | $793,902 | $404,784 |
| Expenses | $1,213,853 | $1,225,157 | $1,157,626 |
| Qualifying Distributions | $1,064,860 | $1,093,416 | $1,023,871 |
| Net Investment Income | $1,264,378 | $589,531 | $497,407 |
| Distributable Amount | $1,156,810 | $1,071,449 | $1,084,478 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Women & Infants Hospital of Ri ($334,098), Ri Hospital Foundation ($334,098), St Joseph Health Services of Ri ($334,098).
| Recipient | Purpose | Amount |
|---|---|---|
| WOMEN & INFANTS HOSPITAL OF RI PROVIDENCE, RI | UNRESTRICTED GENERAL | $334,098 |
| RI HOSPITAL FOUNDATION PROVIDENCE, RI | UNRESTRICTED GENERAL | $334,098 |
| ST JOSEPH HEALTH SERVICES OF RI N PROVIDENCE, RI | UNRESTRICTED GENERAL | $334,098 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $155,039 |
Frequently Asked Questions
How large is Combined Townsend Fund?
As of 2024, Combined Townsend Fund holds $20.9M in total assets with $1.4M in annual revenue. It awarded 3 grants totaling $1.0M in 2024.
Where does Combined Townsend Fund operate?
Combined Townsend Fund has awarded grants in Rhode Island.
What size grants does Combined Townsend Fund award?
In 2024, Combined Townsend Fund awarded 3 grants totaling $1.0M — an average of about $334K per grant, based on its IRS Form 990 filings.
How much is Combined Townsend Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Combined Townsend Fund reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Combined Townsend Fund's EIN?
Combined Townsend Fund's EIN (Employer Identification Number) is 05-6007985. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Combined Townsend Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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