Doris Smith Penrose Memorial Fund

DALLAS, TX EIN: 75-6083265

Doris Smith Penrose Memorial Fund is a private foundation, based in DALLAS, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $247K in total assets. In 2025, it awarded 1 grants totaling $12K. Net investment income was $20K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$247K

+2.4% YoY

Annual Giving

$12K

+6.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$12K

+6.9% YoY

Under IRS private-foundation payout rules, Doris Smith Penrose Memorial Fund reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.

About Doris Smith Penrose Memorial Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $58K (100%)

States

Texas

Cities

Fort Worth

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$247,162	$241,414	$241,489
Revenue	$23,826	$9,116	$-1,803
Expenses	$17,779	$16,519	$18,147
Qualifying Distributions	$13,990	$13,093	$13,758
Net Investment Income	$19,891	$5,006	$2,255
Distributable Amount	$14,794	$13,852	$13,001

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Texas Christian University ($11,785).

Recipient	Purpose	Amount
TEXAS CHRISTIAN UNIVERSITY FORT WORTH, TX	SPEECH & HEARING THERAPY	$11,785

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$4,263

Frequently Asked Questions

How large is Doris Smith Penrose Memorial Fund?

As of 2025, Doris Smith Penrose Memorial Fund holds $247K in total assets with $24K in annual revenue. It awarded 1 grants totaling $12K in 2025.

Where does Doris Smith Penrose Memorial Fund operate?

Doris Smith Penrose Memorial Fund has awarded grants in Texas.

What size grants does Doris Smith Penrose Memorial Fund award?

In 2025, Doris Smith Penrose Memorial Fund awarded 1 grants totaling $12K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Doris Smith Penrose Memorial Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Doris Smith Penrose Memorial Fund reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Doris Smith Penrose Memorial Fund's EIN?

Doris Smith Penrose Memorial Fund's EIN (Employer Identification Number) is 75-6083265. IRS Form 990 filing data is available on this page for 2021–2025.