Dian Graves Owen Foundation
The Dian Graves Owen Foundation is a private foundation based in Abilene, Texas. In 2024, it reported 202 grants totaling $24,107,466, with most grant dollars going to recipients in Texas.
Dian Graves Owen Foundation at a glance
In short: Dian Graves Owen Foundation gave $24.1M across 202 grants in 2024 (avg $119K), mostly in Texas. 26% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $24,107,466
- +5.1% vs 2023
- Grants made (2024)
- 202
- +14.8% vs 2023
- Average grant
- $119,344
- -8.5% vs 2023
- Median grant
- $20,000
- Total assets
- $194,820,501
- +9.0% vs 2023
- New grantees (estimate)
- 26% first-time grantees (52 of 202, 2024)
- Primary geography
- Texas (90% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Dian Graves Owen Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 400 North Pine Street Suite 1000, Abilene, TX 79601
Phone: (325) 677-1367
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Dian Graves Owen Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Abilene Heritage Square ($4.0M). Together the top 10 received $14.6M.
Grant Size Distribution
872 grants across all recorded years
The most common grant size was under $50K: 615 grants of 872 (71%).
Geographic Focus
Where this funder awards grants
In 2024, Texas recipients received 90% of the foundation’s grant dollars. Virginia and Tennessee each received 2%, while Arizona and the District of Columbia each received 1%. Listed Texas grantees included organizations in Abilene, Houston, and Fredericksburg.
Grant Distribution by State
Share of 2024 grant dollars across all 202 itemized grants.
States
Cities
Is Dian Graves Owen Foundation open to new grantees?
26%
first-time grantees, 2024
In 2024, 52 of 202 grantees (26%) were first-time recipients. First grants averaged $54K; repeat grants $142K. How we count
Medians: $10K first-time, $25K repeat.
- 61% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+16%). Method
- In 2024 it paid out 128% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $14.2M (2020) to $24.1M (2024). In 2024 it made 202 grants totaling $24.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Abilene Heritage Square Abilene, TX | General Support | $4,000,000 |
| Community Foundation of Abilene Abilene, TX | General Support | $2,516,400 |
| McMurry University Abilene, TX | General Support | $2,003,500 |
| West Texas Rehab Center Abilene, TX | General Support | $1,255,500 |
| Houston Grand Opera Houston, TX | General Support | $1,175,000 |
| Abilene Youth Sports Authority Abilene, TX | General Support | $1,000,000 |
| Grover Nelson Park Zoological Foundation Abilene, TX | General Support | $1,000,000 |
| Fredericksburg Tennis Center Foundation Austin, TX | General Support | $625,000 |
| Abilene Improvement Corporation Abilene, TX | General Support | $513,302 |
| Admiral Nimitz Foundation Fredericksburg, TX | General Support | $506,500 |
Ready to take the next step with Dian Graves Owen Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $194,820,501 | $53,037,746 | $37,034,223 | $24,107,466 | 202 | $25,075,523 | $35,639,654 | $19,639,336 |
| 2023 | $178,788,642 | $63,966,248 | $38,727,975 | $22,945,087 | 176 | $23,870,819 | $39,419,991 | $17,611,881 |
| 2022 | $153,620,789 | $60,055,741 | $38,172,176 | $19,011,836 | 186 | $19,908,436 | $41,052,610 | $16,874,361 |
| 2021 | $132,052,285 | $49,150,056 | $32,356,427 | $20,819,233 | 154 | $21,629,891 | $37,549,580 | $14,406,610 |
| 2020 | $115,305,103 | $24,657,869 | $21,913,482 | $14,159,357 | 154 | — | $18,518,023 | $12,915,181 |
Under IRS private-foundation payout rules, Dian Graves Owen Foundation reported a distributable amount of $19.6M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2024 grants included support for cultural, educational, community, and recreational organizations. For example, Abilene Heritage Square says its mission is to provide a new home for the main branch of the Abilene Public Library, expand educational opportunities, support neighborhood revival, and provide community gathering space. McMurry University describes its mission as preparing students for leadership, service, and professional success, shaped by Christian principles. The Grover Nelson Park Zoological Foundation says it raises funds for capital projects at the Abilene Zoo, which provides animal enrichment, education and recreation, and promotes conservation.
Grantmaking
In 2024, the foundation reported 202 grants totaling $24,107,466. Grants ranged from $400 to $4,000,000, with a median of $20,000. The largest grants listed were $4,000,000 to Abilene Heritage Square, $2,516,400 to the Community Foundation of Abilene, $2,003,500 to McMurry University, $1,255,500 to West Texas Rehab Center, and $1,175,000 to Houston Grand Opera. Each was designated for general support.
Other notable grants included $1,000,000 each to Abilene Youth Sports Authority and Grover Nelson Park Zoological Foundation, and $625,000 to Fredericksburg Tennis Center Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Dian Graves Owen Stai as chairman, treasurer, and director; Tucker S. Bridwell as president and director; Jane V. Beard as secretary; and Deborah O. Carson as director.
Dian Graves Owen Foundation is led by Tucker S. Bridwell, President & Director on every filing since 2020; 2 of 4 officers listed in 2024 are compensated.
Officers on the 2024 filing
Tucker S. Bridwell
President & Director
On filings since 2020
20 hrs/week
$400K (2020) → $475K (2024)
Dian Graves Owen Stai
Chairman, Treasurer & Director
On filings since 2020
No compensation reported
Deborah O. Carson
Director
On filings since 2020
No compensation reported
Jane V. Beard
Secretary
On filings since 2020
40 hrs/week
$170K (2020) → $285K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $475K, to Tucker S Bridwell (President, Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Dian Graves Owen Foundation
How much does Dian Graves Owen Foundation give each year?
Dian Graves Owen Foundation gave $24.1M across 202 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $22.9M across 176 grants.
What is Dian Graves Owen Foundation's typical grant size?
Dian Graves Owen Foundation's median grant in 2024 was $20,000, and its average grant was $119,344, across 202 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Dian Graves Owen Foundation that year got $54K on average.
Where does Dian Graves Owen Foundation give grants?
Dian Graves Owen Foundation gives mostly in Texas: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Abilene, TX (85 grants), Fredericksburg, TX (22 grants), Washington, DC (7 grants) and Houston, TX (6 grants).
Does Dian Graves Owen Foundation give general operating support?
Yes: 100% of Dian Graves Owen Foundation's 2024 grants with a stated purpose (202 of 202) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Dian Graves Owen Foundation's largest grantees?
Dian Graves Owen Foundation's largest 2024 grantees include Abilene Heritage Square ($4,000,000), Community Foundation of Abilene ($2,516,400) and McMurry University ($2,003,500), according to its 2024 IRS Form 990-PF. Together they received 35% of its itemized 2024 grant dollars.
How large is Dian Graves Owen Foundation?
Dian Graves Owen Foundation reported $194.8M in total assets on its 2024 IRS Form 990-PF. It paid out $25.1M in qualifying distributions that year, against a required minimum of $19.6M (roughly 5% of its investment assets).
What does Dian Graves Owen Foundation fund?
No foundation mission statement is provided. Its 2024 grants included support for cultural, educational, community, and recreational organizations. See mission & focus areas ↑
How do I apply for a grant from Dian Graves Owen Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Dian Graves Owen Foundation's EIN?
Dian Graves Owen Foundation's EIN (Employer Identification Number) is 75-2682536. IRS Form 990 filing data is available on this page for 2020–2024.
Does Dian Graves Owen Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Dian Graves Owen Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
The Legett Foundation
Abilene, TX
The Legett Foundation supports Texas tax-exempt organizations across community projects, health care, education, and human services. Its 2024 grants ranged from $300 to $2.5 million, with a median of $10,000. It says it does not limit giving to preselected organizations and requires written applications.
Assets
$111.6M
Grants
136
Total Given
$12.6M
Kickapoo Springs Foundation
Abilene, TX
The foundation supports community, education, health-care, rehabilitation, research, and other projects, with most funding going to Texas organizations. In 2024 it awarded $12.7 million across 138 grants, ranging from $500 to $2.5 million, with a median grant of $12,500. It accepts written requests from 501(c)(3) organizations and does not restrict giving to preselected organizations.
Assets
$111.0M
Grants
138
Total Given
$12.7M
Shelton Family Foundation
Abilene, TX
The Shelton Family Foundation funds basic human services and essential needs, education, health, and community development projects benefiting Abilene and the Big Country area of West Central Texas. In 2025, grants ranged from $2,000 to $166,000, with a median award of $10,000. It accepts unsolicited requests year-round through its online application system.
Assets
$40.8M
Grants
35
Total Given
$876K
Community Foundation of Abilene
Abilene, TX
The Community Foundation of Abilene makes grants to eligible nonprofits and government agencies for community needs, including support for children and youth, in Abilene and Taylor County, rural West-Central Texas, and Coleman County. Its 2025 grants had a median award of $20,000, though amounts varied widely.
Assets
$219.8M
Grants
281
Total Given
$27.4M
The Karakin Foundation
Abilene, TX
The Karakin Foundation supports charitable organizations in areas including community projects, youth sports, health care, rehabilitation, education, and humanitarian work, with most 2024 grant dollars going to Texas recipients. Its 2024 grants ranged from $500 to $3 million, with a median of $30,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$193.7M
Grants
121
Total Given
$16.4M
More similar funders
More Funders in Texas
Cite this profile
Grantable. (2026). Dian Graves Owen Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/dian-graves-owen-foundation-morg_af15c69e022749aa9b3b0341a747bcac
BibTeX
@misc{grantable_752682536_2026,
author = {{Grantable}},
title = {{Dian Graves Owen Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/dian-graves-owen-foundation-morg_af15c69e022749aa9b3b0341a747bcac},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Dian Graves Owen Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Dian Graves Owen Foundation down — hundreds of funders to go?