Katherine C Carmody Charitable Tuw
Katherine C Carmody Charitable Tuw is a private foundation located in Dallas, Texas, designated as a 501(c)(3) organization. The foundation was established in 1957 by Katherine Carmody, a resident of Corsicana, Texas, to support charitable causes throughout the state. The trust is managed by the Texas office of Bank of America/US Trust.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36.2M
+539.6% YoY
Annual Giving
$1.4M
+38.9% YoY
Grant Count
46
-2.1% YoY
Avg Grant Size
$30K
+41.9% YoY
Under IRS private-foundation payout rules, Katherine C Carmody Charitable Tuw reported a distributable amount of $4.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports Texas nonprofits with a focus on:
- Education — including early childhood education and programs for at-risk children
- Human Services — including youth development, disability services, and community support programs
- Religious-based organizations
The foundation has demonstrated particular interest in supporting well-established groups in Dallas and has shown significant recent support for organizations focused on children and youth.
Grantmaking
Recent grants have ranged from $25,000 to $50,000+. Notable recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, with a particular emphasis on the Dallas area and North Texas region. The foundation also supports organizations in San Antonio and other parts of Texas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent IRS Form 990 filing (2023):
- Total Assets: $5,665,296
- Total Giving: $1,007,000
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $36,232,473 | $5,665,296 |
| Revenue | $73,183,329 | $6,760,645 |
| Expenses | $3,040,396 | $1,069,024 |
| Qualifying Distributions | $1,888,465 | $1,018,568 |
| Net Investment Income | $14,053,820 | $1,541,473 |
| Distributable Amount | $4,119,199 | $97,829 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
93 grants across all recorded years
Open Grants
1 open opportunity from Katherine C Carmody Charitable Tuw
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Navarro College ($250,000), Childrens Medical Center Foundation ($75,000), Navarro County Child Advocacy Center ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DALLAS EDUCATION FOUNDATION DALLAS, TX | ADVANCING LITERACY THRU | $37,000 |
| VICKERY MEADOW YOUTH DEVELOPMENT DALLAS, TX | SUPPORT SUCCESS AT THE | $10,000 |
| WOODROW WILSON HIGH SCHOOL - DALLAS, TX | SUPPORT FEEDER TEACHER | $5,000 |
| CORSICANA ARTIST & WRITER RESIDENCY CORSICANA, TX | UNRESTRICTED GENERAL | $30,000 |
| FOR THE NATIONS REFUGEE OUTREACH GARLAND, TX | CHILDCARE FOR REFUGEE | $15,000 |
| KERENS EDUCATION FOUNDATION KERENS, TX | SUPPORT VISION OF | $25,000 |
| CRISTO REY DALLAS HIGH SCHOOL INC DALLAS, TX | UNRESTRICTED GENERAL | $10,000 |
| YOUNG WOMENS PREPARATORY NETWORK DALLAS, TX | UNRESTRICTED GENERAL | $30,000 |
| THE EDUCATOR COLLECTIVE DALLAS, TX | EDUCATOR WELL-BEING FOR | $5,000 |
| ADAPTIVE TRAINING FOUNDATION CARROLLTON, TX | PROMOTING WELLNESS FOR | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A | TRUSTEE | 1 | $1,017,414 |
Contact Information
- Address: PO Box 653067, Dallas, TX 75265-3067
- Telephone: 888-866-3275
- Website: www.bankofamerica.com/philanthropic/foundation
Frequently Asked Questions
What does Katherine C Carmody Charitable Tuw fund?
The foundation supports Texas nonprofits with a focus on: • **Education** — including early childhood education and programs for at-risk children • **Human Services** — including youth development, disability services, and community support programs • **Religious-based organizations** The foundation has demonstrated particular interest in supporting well-established groups in Dallas and has shown significant recent support for organizations focused on children and youth.
How do I apply for a grant from Katherine C Carmody Charitable Tuw?
Recent grants have ranged from $25,000 to $50,000+. Notable recent grants include: • $50,000 to the Crystal Charity Ball (Dallas children's charities) • $50,000 to Education First Steps (early education for at-risk children in North Texas) • $50,000 to the Baptist Health Foundation of San Antonio • $25,000+ to Girl Scouts of Northeast Texas (STEM center campaign) • Support for Big Thought's work on juvenile incarceration • Support for Trinity River Mission's Tutor Read Mentor program • Support …
Where does Katherine C Carmody Charitable Tuw make grants?
The foundation primarily funds organizations in Texas, with a particular emphasis on the Dallas area and North Texas region. The foundation also supports organizations in San Antonio and other parts of Texas.
What size grants does Katherine C Carmody Charitable Tuw award?
In 2024, Katherine C Carmody Charitable Tuw awarded 46 grants totaling $1.4M — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Katherine C Carmody Charitable Tuw required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Katherine C Carmody Charitable Tuw reported a distributable amount of $4.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Katherine C Carmody Charitable Tuw's EIN?
Katherine C Carmody Charitable Tuw's EIN (Employer Identification Number) is 30-6737897. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Katherine C Carmody Charitable Tuw's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.