Doug & Elizabeth Townsend Private Foundation

Private foundation · Grantmaker Greensboro, NC EIN: 20-8328218

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.

Key facts about Doug & Elizabeth Townsend Private Foundation

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.

EIN
20-8328218
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,500
Grants made (2025)
1
Average grant
$1,500
Median grant
$1,500
Total assets
$8,010
Primary geography
North Carolina (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$8K

-15.6% YoY

Annual Giving

$2K

Grant Count

1

Avg Grant Size

$2K

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

Cities

RaleighMorehead City

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grant2020 2 grants2021 1 grant2022 1 grant2023 0 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $2K (2025) to $100K (2022). In 2025 it made 1 grant totaling $2K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

The North Carolina Community Foundation: $2KThe North Carolina CommunityFoundation$2K

The largest 2025 recipient was The North Carolina Community Foundation ($2K).

Grant Size Distribution

5 grants across all recorded years

4<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The North Carolina Community Foundation Raleigh, NCProgram Support$1,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$8,010$9,495$9,981
Revenue$860$342$775
Expenses$2,342$828$3,290
Qualifying Distributions$1,884$371$2,859
Net Investment Income$393—$343
Distributable Amount$588$596$598

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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

Trust Company of the South — Trustee: $493Trust Company of the…Trustee$493

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.

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