Doak Finch Foundation

DALLAS, TX EIN: 56-6042823

The provided sources do not contain any information about the Doak Finch Foundation. The sources include general foundation directories for Texas, organizational profiles for unrelated nonprofits in North Carolina and Alabama, historical incorporation records, and news articles about other foundations and organizations, but none reference the Doak Finch Foundation.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-3.1% YoY

Annual Giving

$150K

-9.1% YoY

Grant Count

+7.7% YoY

Avg Grant Size

$11K

-15.6% YoY

Under IRS private-foundation payout rules, Doak Finch Foundation reported a distributable amount of $96K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Ready to take the next step with Doak Finch Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $858K (92%)

Oklahoma $35K (4%)

Virginia $35K (4%)

States

North Carolina Oklahoma Virginia

Cities

AlexandriaArdmoreLexingtonThomasvilleTrinity

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,657,413	$1,709,849	$1,824,526
Revenue	$125,891	$79,383	$158,308
Expenses	$178,124	$193,247	$229,846
Qualifying Distributions	$160,175	$174,722	$207,670
Net Investment Income	$107,678	$61,950	$139,126
Distributable Amount	$95,884	$90,850	$99,704

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

71 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Tom a Finch Community Ymca ($30,000), Community in Schools of Thomasville ($20,000), Cooperative Community Ministries ($20,000).

Recipient	Purpose	Amount
CITY OF THOMASVILLE THOMASVILLE, NC	REGINALD STRICKLAND CTR AND	$15,000
SALVATION ARMY ALEXANDRIA, VA	UNRESTRICTED GENERAL	$7,000
DAVIDSON MEDICAL MINISTRIES LEXINGTON, NC	UNRESTRICTED GENERAL	$5,000
DAVIDSON COUNTY COMMUNITY COLLEGE THOMASVILLE, NC	EDUCATIONAL SCHOLARSHIPS	$2,000
ARTS OF DAVIDSON COUNTY LEXINGTON, NC	UNRESTRICTED GENERAL	$3,000
MEMORIAL UNITED METHODIST CHURCH THOMASVILLE, NC	GENERAL FUNDS FOR RELIGIOUS	$14,000
TOM A FINCH COMMUNITY YMCA THOMASVILLE, NC	UNRESTRICTED GENERAL	$30,000
MEALS ON WHEELS THOMASVILLE, NC	UNRESTRICTED GENERAL	$6,000
HABITAT FOR HUMANITY THOMASVILLE, NC	UNRESTRICTED GENERAL	$1,000
THOMASVILLE ROTARY CLUB CHARITABLE FDN THOMASVILLE, NC	SUPPORT HIGH SCHOOL, REACH	$2,000

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	$24,074

Frequently Asked Questions

What size grants does Doak Finch Foundation award?

In 2024, Doak Finch Foundation awarded 14 grants totaling $150K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Doak Finch Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Doak Finch Foundation reported a distributable amount of $96K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.