D Lynd & Terri K McGowan Foundation
D Lynd & Terri K McGowan Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $776K in total assets. In 2025, it awarded 7 grants totaling $56K. Net investment income was $42K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$776K
-10.2% YoY
Annual Giving
$56K
+36.9% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$8K
-2.2% YoY
Under IRS private-foundation payout rules, D Lynd & Terri K McGowan Foundation reported a distributable amount of $39K for 2025 — the minimum it must pay out in qualifying distributions.
About D Lynd & Terri K McGowan Foundation
Based on IRS filings
D Lynd & Terri K McGowan Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $776K in total assets. In 2025, it awarded 7 grants totaling $56K. Net investment income was $42K.
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $775,566 | $863,991 | $913,133 |
| Revenue | $2,538 | $31,235 | $171,264 |
| Expenses | $90,964 | $78,019 | $69,641 |
| Qualifying Distributions | $59,036 | $46,121 | $52,061 |
| Net Investment Income | $42,273 | $32,129 | $171,264 |
| Distributable Amount | $39,091 | $40,450 | $39,279 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Texas Am University ($10,000), University of Texas at Austin ($10,000), Texas Am University ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TEXAS AM UNIVERSITY College Station, TX | Tuition & Manditory Fees | $10,000 |
| TALLAHASSEE STATE COLLEGE Tallahassee, FL | Tuition & Mandatory Fees | $1,270 |
| UNIVERSITY OF TEXAS AT AUSTIN Austin, TX | Tuition & Mandatory Fees | $10,000 |
| TEXAS AM UNIVERSITY College Station, TX | Tuition & Mandatory Fees | $10,000 |
| TEXAS TECH UNIVERSITY Lubbock, TX | Tuition & Mandatory Fees | $10,000 |
| SAM HOUSTON STATE UNIVERSITY Huntsville, TX | Tuition & Mandatory Fees | $10,000 |
| CLEMSON UNIVERSITY Clemson, SC | Tuition & Mandatory Fees | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE K MCGOWAN | President | 1 | — |
| SHEILA D MCCARN | Treasurer | 1 | — |
| EVANS L MCGOWAN | Vice President | 0.25 | — |
| MARY R MCGOWAN | Secretary | 0.5 | — |
| LEA L MCGOWAN | Member | 0.25 | — |
Frequently Asked Questions
How large is D Lynd & Terri K McGowan Foundation?
As of 2025, D Lynd & Terri K McGowan Foundation holds $776K in total assets with $3K in annual revenue. It awarded 7 grants totaling $56K in 2025.
Where does D Lynd & Terri K McGowan Foundation operate?
D Lynd & Terri K McGowan Foundation has awarded grants in Florida, South Carolina, Texas.
What size grants does D Lynd & Terri K McGowan Foundation award?
In 2025, D Lynd & Terri K McGowan Foundation awarded 7 grants totaling $56K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is D Lynd & Terri K McGowan Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, D Lynd & Terri K McGowan Foundation reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is D Lynd & Terri K McGowan Foundation's EIN?
D Lynd & Terri K McGowan Foundation's EIN (Employer Identification Number) is 76-0308875. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in D Lynd & Terri K McGowan Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.