Denman Foundation

SPICEWOOD, TX EIN: 31-1573295

Denman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPICEWOOD, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 13 grants totaling $150K. Net investment income was $110K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

-2.6% YoY

Annual Giving

$150K

+0.0% YoY

Grant Count

13

+0.0% YoY

Avg Grant Size

$12K

+0.0% YoY

Under IRS private-foundation payout rules, Denman Foundation reported a distributable amount of $147K for 2024 — the minimum it must pay out in qualifying distributions.

About Denman Foundation

Based on IRS filings

Denman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPICEWOOD, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 13 grants totaling $150K. Net investment income was $110K.

Ready to take the next step with Denman Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BanderaHoustonLufkinMorristownNacogdochesPalmetto BaySpicewoodTavernierUtopiaWilmore

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$43K$85K$128K$170K20202021202220232024
Metric202420232022
Total Assets$1,608,529$1,651,480$1,765,111
Revenue$110,468$82,834$79,548
Expenses$154,642$153,713$148,682
Qualifying Distributions$150,000$150,000$140,000
Net Investment Income$110,468$83,296$79,548
Distributable Amount$147,244$140,574$148,646

Giving Over Time

Total grant dollars and number of grants per year

$0$38K$75K$113K$150K11 grants202011 grants202113 grants202213 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BEE CREEK UNITED METHODI…$25KTHE MOSAIC CENTER INC$25KTHE WORLD OUR PARISH$15KBOYS & GIRLS CLUB OF MOR…$10KCORAL RESTORATION FOUNDA…$10KEVERGLADES FOUNDATION$10KGIRLS INC MORRISTOWN HAM…$10KHELPING HAND CRISIS MINI…$10KTEXAS CHILDREN'S HOSPITAL$10KBOYS & GIRLS CLUBS OF DE…$10K

Grant Size Distribution

61 grants across all recorded years

61<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bee Creek United Methodist Church ($25,000), The Mosaic Center Inc ($25,000), The World Our Parish ($15,000).

RecipientPurposeAmount
BEE CREEK UNITED METHODIST CHURCH SPICEWOOD, TXBUILDING FUND$25,000
BOYS & GIRLS CLUB OF BANDERA BANDERA, TXSUPPORT ACTIVITY$5,000
BOYS & GIRLS CLUB OF MORRISTOWN MORRISTOWN, TNCHILDREN'S ACTIVITIES$10,000
CORAL RESTORATION FOUNDATION TAVERNIER, FLSUPPORT PROGRAM$10,000
EVERGLADES FOUNDATION PALMETTO BAY, FLSUPPORT PROGRAM$10,000
GIRLS INC MORRISTOWN HAMBLE MORRISTOWN, TNCHILDREN'S ACTIVITIES$10,000
HELPING HAND CRISIS MINISTRY SPICEWOOD, TXGIFT FOR THE MINISTRY$10,000
TEXAS CHILDREN'S HOSPITAL HOUSTON, TXSUPPORT RESEARCH$10,000
THE MOSAIC CENTER INC LUFKIN, TXSUPPORT PROGRAM$25,000
THE WORLD OUR PARISH WILMORE, KYGIFT FOR THE MINISTRY$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ERNESTINE N PALMERDIRECTOR
RONALD O PALMERDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Denman Foundation?

Denman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPICEWOOD, TX. It holds $1.6M in total assets as of 2024.

How large is Denman Foundation?

As of 2024, Denman Foundation holds $1.6M in total assets with $110K in annual revenue. It awarded 13 grants totaling $150K in 2024.

Where does Denman Foundation operate?

Denman Foundation has awarded grants in Florida, Kentucky, Tennessee, Texas.

What size grants does Denman Foundation award?

In 2024, Denman Foundation awarded 13 grants totaling $150K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Denman Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Denman Foundation reported a distributable amount of $147K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Denman Foundation's EIN?

Denman Foundation's EIN (Employer Identification Number) is 31-1573295. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Denman Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

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

What could you do with Denman Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Denman Foundation to a real strategy.

Plan your approach