Doug & Elizabeth Townsend Private Foundation

GREENSBORO, NC EIN: 20-8328218

Doug & Elizabeth Townsend Private Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9K in total assets. In 2024, it made $371 in qualifying distributions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9K

-4.9% YoY

Revenue

$342

-55.9% YoY

Qualifying Distributions

$371

-87.0% YoY

Expenses

$828

-74.8% YoY

Under IRS private-foundation payout rules, Doug & Elizabeth Townsend Private Foundation reported a distributable amount of $596 for 2024 — the minimum it must pay out in qualifying distributions.

About Doug & Elizabeth Townsend Private Foundation

Based on IRS filings

Doug & Elizabeth Townsend Private Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9K in total assets. In 2024, it made $371 in qualifying distributions.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Morehead CityRaleigh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$55K$83K$111K20202021202220232024
Metric202420232022
Total Assets$9,495$9,981$12,387
Revenue$342$775$92,958
Expenses$828$3,290$100,835
Qualifying Distributions$371$2,859$100,000
Net Investment Income$343
Distributable Amount$596$598$1,064

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grants20202 grants20211 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

3<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TRUST COMPANY OF THE SOUTHTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Doug & Elizabeth Townsend Private Foundation?

Doug & Elizabeth Townsend Private Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. It holds $9K in total assets as of 2024.

How large is Doug & Elizabeth Townsend Private Foundation?

As of 2024, Doug & Elizabeth Townsend Private Foundation holds $9K in total assets with $342 in annual revenue.

Where does Doug & Elizabeth Townsend Private Foundation operate?

Doug & Elizabeth Townsend Private Foundation has awarded grants in North Carolina.

How much is Doug & Elizabeth Townsend Private Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Doug & Elizabeth Townsend Private Foundation reported a distributable amount of $596 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Doug & Elizabeth Townsend Private Foundation's EIN?

Doug & Elizabeth Townsend Private Foundation's EIN (Employer Identification Number) is 20-8328218. IRS Form 990 filing data is available on this page for 2020–2024.

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

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