D Lynd & Terri K McGowan Foundation

Foundation · Grantmaker Houston, TX EIN: 76-0308875

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.

Key facts about D Lynd & Terri K McGowan Foundation

In short: D Lynd & Terri K McGowan Foundation gave $56K across 7 grants in 2025 (avg $8K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
76-0308875
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$56,270
Grants made (2025)
7
Average grant
$8,039
Median grant
$10,000
Total assets
$775,566
Primary geography
Texas (89% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Quick answers about D Lynd & Terri K McGowan Foundation

How much does D Lynd & Terri K McGowan Foundation give each year?

D Lynd & Terri K McGowan Foundation gave $56K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $41K across 5 grants.

What is D Lynd & Terri K McGowan Foundation's typical grant size?

D Lynd & Terri K McGowan Foundation's median grant in 2025 was $10,000, and its average grant was $8,039, across 7 grants on its 2025 IRS Form 990-PF.

Where does D Lynd & Terri K McGowan Foundation give grants?

D Lynd & Terri K McGowan Foundation gives mostly in Texas: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was South Carolina (9%). The most frequent recipient cities were College Station, TX (2 grants).

Does D Lynd & Terri K McGowan Foundation give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on D Lynd & Terri K McGowan Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Tuition & Mandatory Fees" (6 grants).

Who are D Lynd & Terri K McGowan Foundation's largest grantees?

D Lynd & Terri K McGowan Foundation's largest 2025 grantees include Texas Am University ($20,000 across 2 grants), University of Texas at Austin ($10,000) and Texas Tech University ($10,000), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.

How D Lynd & Terri K McGowan Foundation gives

  • Giving fell 24% from 2022 to 2025. Method
  • In 2025 it paid out 151% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with D Lynd & Terri K McGowan Foundation

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

3states

Share of all 7 itemized 2025 grant dollars.

Cities

College StationHoustonAustinRichardsonSaint AugustineHuntsvilleClemsonLubbockTallahassee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K20212022202320242025
Metric202520242023
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K7 grants202110 grants20227 grants20235 grants20247 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Texas Am University: $20K across 2 grantsTexas Am University$20K · 2 grantsUniversity of Texas at Austin: $10KUniversity of Texas at Austin$10KTexas Tech University: $10KTexas Tech University$10KSam Houston State University: $10KSam Houston State University$10KClemson University: $5KClemson University$5KTallahassee State College: $1KTallahassee State College$1K

Grant Size Distribution

36 grants across all recorded years

36<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
TEXAS AM UNIVERSITY College Station, TXTuition & Manditory Fees$10,000
UNIVERSITY OF TEXAS AT AUSTIN Austin, TXTuition & Mandatory Fees$10,000
TEXAS AM UNIVERSITY College Station, TXTuition & Mandatory Fees$10,000
TEXAS TECH UNIVERSITY Lubbock, TXTuition & Mandatory Fees$10,000
SAM HOUSTON STATE UNIVERSITY Huntsville, TXTuition & Mandatory Fees$10,000
CLEMSON UNIVERSITY Clemson, SCTuition & Mandatory Fees$5,000
TALLAHASSEE STATE COLLEGE Tallahassee, FLTuition & Mandatory Fees$1,270

Leadership & Key People

Officers and directors from IRS filings

D Lynd & Terri K McGowan Foundation is led by George K. McGowan, President on every filing since 2021; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • George K. McGowan

    President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Evans L. McGowan

    Vice President

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Sheila D. McCarn

    Treasurer

    Treasurersecretary → Treasurer, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lea L. McGowan

    Member

    On filings since 2024

    0.3 hrs/week

    No compensation reported

  • Mary R. McGowan

    Secretary

    On filings since 2024

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

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.

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.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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