Formby Foundation

Private foundation · Grantmaker Austin, TX EIN: 74-2644571

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.

Key facts about Formby Foundation

In short: Formby Foundation gave $6K across 1 grant in 2024 (avg $6K), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN
74-2644571
Latest 990 filing
Form 990-PF, 2024
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)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$6K

Grant Count

1

Avg Grant Size

$6K

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Austin

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K0 grants2019 0 grants2020 0 grants2021 0 grants2022 0 grants2023 1 grant2024

In 2024 it made 1 grant totaling $6K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Save Muny Conservancy: $6KSave Muny Conservancy$6K

The largest 2024 recipient was Save Muny Conservancy ($6K).

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Save Muny Conservancy Austin, TXCharitable$6,143

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$2.5K$5K$7.5K$10K2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$7,358$7,848
Revenue$5$10$1
Expenses$7,363$500$500
Qualifying Distributions$6,753$250$250
Distributable Amount—$362$387

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS April 17, 2020)
  2. IRS filings on file for fiscal years 2020–2024

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.

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