Formby Foundation
Formby Foundation is a private foundation, based in Austin, TX. IRS filing data is available from 2019 through 2024. In 2024, it awarded 1 grant totaling $6K.
Formby Foundation at a glance
In short: Formby Foundation gave $6K across 1 grant in 2024 (avg $6K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $6,143
- Grants made (2024)
- 1
- Average grant
- $6,143
- Median grant
- $6,143
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Formby Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Save Muny Conservancy ($6K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Formby Foundation gives
- In 2023 it paid out 69% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
In 2024 it made 1 grant totaling $6K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Save Muny Conservancy Austin, TX | Charitable | $6,143 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | — | $5 | $7,363 | $6,143 | 1 | $6,753 | — |
| 2023 | $7,358 | $10 | $500 | — | — | $250 | $362 |
| 2022 | $7,848 | $1 | $500 | — | — | $250 | $387 |
| 2021 | $8,347 | — | $1,000 | — | — | $500 | $411 |
| 2020 | $9,347 | — | $1,000 | — | — | — | $460 |
| 2019 | $10,345 | $4 | $1,000 | — | — | — | $510 |
Leadership & Key People
Officers and directors from IRS filings
Formby Foundation is led by William L. Formby, President & Vice President on every filing since 2019; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
William L. Formby
President & Vice President
On filings since 2019
No compensation reported
Katrine S. Formby
Secretary & Treasurer
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Formby Foundation
How much does Formby Foundation give each year?
Formby Foundation gave $6K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
Where does Formby Foundation operate?
Formby Foundation has awarded grants in Texas.
What is Formby Foundation's EIN?
Formby Foundation's EIN (Employer Identification Number) is 74-2644571. IRS Form 990 filing data is available on this page for 2019–2024.
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 2019 (received by the IRS April 17, 2020)
- IRS filings on file for fiscal years 2020–2024
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