Glenn Townes Scholarship Foundation

PARIS, TX EIN: 84-3778379

Glenn Townes Scholarship Foundation is a private foundation focused on Education, based in PARIS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 14 grants totaling $29K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2K

+13.7% YoY

Annual Giving

$29K

+15.0% YoY

Grant Count

14

+0.0% YoY

Avg Grant Size

$2K

+15.0% YoY

Under IRS private-foundation payout rules, Glenn Townes Scholarship Foundation reported a distributable amount of $69 for 2024 — the minimum it must pay out in qualifying distributions.

About Glenn Townes Scholarship Foundation

Based on IRS filings

Glenn Townes Scholarship Foundation is a private foundation focused on Education, based in PARIS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 14 grants totaling $29K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BagwellBlossomBlossonClarksvilleDetroitParisPattonville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$13K$27K$40K$54K20202021202220232024
Metric202420232022
Total Assets$2,336$2,054$659
Revenue$29,032$26,395$30,555
Expenses$28,750$25,000$33,750
Qualifying Distributions$28,750$25,000$33,750
Net Investment Income
Distributable Amount$69$83$70

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$21K$31K$42K23 grants202019 grants202115 grants202214 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

JACEY CHEYANNE SMITH$4KCLAUDE SCALES$3KERIC WILLIAMS$3KFARRA STOREY$3KKEYLEE MORRISON$3KTUCKER JACK CRUTCHFEILD$3KCAILYN ALYSSA RAY$3KMYKAH DAWN TUCKER$3KALLISON WHITLEY$1KEMMIE STANSBURY$1K

Grant Size Distribution

85 grants across all recorded years

85<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jacey Cheyanne Smith ($3,750), Claude Scales ($2,500), Eric Williams ($2,500).

RecipientPurposeAmount
ALLISON WHITLEY DETROIT, TXEDUCATION$1,250
CLAUDE SCALES DETROIT, TXEDUCATION$2,500
EMMIE STANSBURY CLARKSVILLE, TXEDUCATION$1,250
ERIC WILLIAMS DETROIT, TXEDUCATION$2,500
FARRA STOREY CLARKSVILLE, TXEDUCATION$2,500
HANNAH LILLIS CLARKSVILLE, TXEDUCATION$1,250
JACEY CHEYANNE SMITH BAGWELL, TXEDUCATION$3,750
JOSEPH WESTON BLANTON DETROIT, TXEDUCATION$1,250
KEYLEE MORRISON PARIS, TXEDUCATION$2,500
SHELBY EUDY PATTONVILLE, TXEDUCATION$1,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LARRY CHARLES TOWNESPRESIDENT/TREASURER1
LARRY WALKER TOWNESSECRETARY1
PHILLIS JEAN TOWNESDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Glenn Townes Scholarship Foundation?

Glenn Townes Scholarship Foundation is a private foundation focused on Education, based in PARIS, TX. It holds $2K in total assets as of 2024.

How large is Glenn Townes Scholarship Foundation?

As of 2024, Glenn Townes Scholarship Foundation holds $2K in total assets with $29K in annual revenue. It awarded 14 grants totaling $29K in 2024.

Where does Glenn Townes Scholarship Foundation operate?

Glenn Townes Scholarship Foundation has awarded grants in Texas.

What size grants does Glenn Townes Scholarship Foundation award?

In 2024, Glenn Townes Scholarship Foundation awarded 14 grants totaling $29K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Glenn Townes Scholarship Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Glenn Townes Scholarship Foundation reported a distributable amount of $69 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Glenn Townes Scholarship Foundation's EIN?

Glenn Townes Scholarship Foundation's EIN (Employer Identification Number) is 84-3778379. 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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