Doug & Elizabeth Townsend Private Foundation
Doug & Elizabeth Townsend Private Foundation is a private foundation, based in Greensboro, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $8K in total assets. In 2025, it awarded 1 grant totaling $2K. Net investment income was $393.
Doug & Elizabeth Townsend Private Foundation at a glance
In short: Doug & Elizabeth Townsend Private Foundation gave $2K across 1 grant in 2025 (avg $2K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,500
- Grants made (2025)
- 1
- Average grant
- $1,500
- Median grant
- $1,500
- Total assets
- $8,010
- -15.6% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Doug & Elizabeth Townsend Private Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was The North Carolina Community Foundation ($2K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Doug & Elizabeth Townsend Private Foundation gives
- Giving fell 98% from 2022 to 2025. Method
- In 2025 it paid out 320% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2K (2025) to $100K (2022). In 2025 it made 1 grant totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The North Carolina Community Foundation Raleigh, NC | Program Support | $1,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $8,010 | $860 | $2,342 | $1,500 | 1 | $1,884 | $393 | $588 |
| 2024 | $9,495 | $342 | $828 | — | — | $371 | — | $596 |
| 2023 | $9,981 | $775 | $3,290 | $2,500 | 1 | $2,859 | $343 | $598 |
| 2022 | $12,387 | $92,958 | $100,835 | $100,000 | 1 | $100,000 | — | $1,064 |
| 2021 | $20,264 | $8,732 | $48,060 | $45,000 | 2 | $45,399 | $8,003 | $2,930 |
| 2020 | $59,593 | $64,374 | $100,713 | $100,000 | 1 | — | $63,986 | $33 |
Under IRS private-foundation payout rules, Doug & Elizabeth Townsend Private Foundation reported a distributable amount of $588 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Doug & Elizabeth Townsend Private Foundation's only listed officer is Trust Company Of The South, Trustee on every filing since 2020 (uncompensated).
Officers on the 2025 filing
Trust Company Of The South
Trustee
On filings since 2020
1 hr/week
$102 (2020) → $0 (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $493, to Trust Company of the South (Trustee).
Frequently asked questions about Doug & Elizabeth Townsend Private Foundation
How much does Doug & Elizabeth Townsend Private Foundation give each year?
Doug & Elizabeth Townsend Private Foundation gave $2K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is Doug & Elizabeth Townsend Private Foundation?
Doug & Elizabeth Townsend Private Foundation reported $8K in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $588 (roughly 5% of its investment assets).
Where does Doug & Elizabeth Townsend Private Foundation operate?
Doug & Elizabeth Townsend Private Foundation has awarded grants in North Carolina.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Doug & Elizabeth Townsend Private Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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