Looney-Montgomery Foundation
Looney-Montgomery Foundation is a private foundation, based in Edinburg, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $449K in total assets. In 2025, it awarded 9 grants totaling $16K. Net investment income was $11K.
Looney-Montgomery Foundation at a glance
In short: Looney-Montgomery Foundation gave $16K across 9 grants in 2025 (avg $2K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $15,850
- +65.1% vs 2024
- Grants made (2025)
- 9
- +28.6% vs 2024
- Average grant
- $1,761
- +28.4% vs 2024
- Median grant
- $1,000
- Total assets
- $449,398
- +2.6% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Looney-Montgomery Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Internation Museum of Art & Science ($5K). Together the top 9 received $16K.
Grant Size Distribution
54 grants across all recorded years
The most common grant size was under $50K: 54 grants of 54 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
How Looney-Montgomery Foundation gives
- Giving fell 39% from 2022 to 2025. Method
- In 2025 it paid out 77% 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
From 2019 to 2025, annual grant giving ranged from $9K (2020) to $109K (2019). In 2025 it made 9 grants totaling $16K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Internation Museum of Art & Science McAllen, TX | To Assist with Operating Expenses | $5,000 |
| Palm Valley Animal Society Edinburg, TX | To Assist with Operating Expenses | $3,000 |
| Museum of South Texas History Edinburg, TX | To Assist with Operating Expenses | $2,400 |
| Valley Symphony Orchestra McAllen, TX | To Assist with Operating Expenses | $1,250 |
| Camp University McAllen, TX | To Assist with Operating Expenses | $1,000 |
| The Univ of Texas Rio Grande Valle Edinburg, TX | To Assist with Operating Expenses | $1,000 |
| Easter Seals RGV McAllen, TX | To Assist with Operating Expenses | $1,000 |
| Driscoll Children's Hospital-RGV Edinburg, TX | To Assist with Operating Expenses | $1,000 |
| Salvation Army McAllen, TX | To Assist with Operating Expenses | $200 |
Ready to take the next step with Looney-Montgomery Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $449,398 | $31,972 | $20,666 | $15,850 | 9 | $17,174 | $10,536 | $22,372 |
| 2024 | $438,092 | $35,469 | $14,143 | $9,600 | 7 | $11,043 | $19,453 | $21,453 |
| 2023 | $416,766 | $12,214 | $16,710 | $11,810 | 12 | $13,978 | $9,226 | $20,508 |
| 2022 | $421,262 | $3,474 | $30,402 | $25,875 | 17 | $27,864 | $5,683 | $21,877 |
| 2021 | $448,190 | $24,990 | $23,343 | $19,500 | 9 | $20,343 | $9,427 | $23,654 |
| 2020 | $446,543 | $9,541 | $13,421 | $9,400 | 7 | — | $5,327 | $23,031 |
| 2019 | $450,423 | $16,129 | $114,032 | $109,100 | 10 | — | $13,365 | $24,210 |
Under IRS private-foundation payout rules, Looney-Montgomery Foundation reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Looney-Montgomery Foundation is led by Carol L. Looney, President since 2025 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carol L. Looney
President
Vice President, Secretary & Treasurer → President, 2025
On filings since 2019
1 hr/week
No compensation reported
Courtney Looney
Vice President
On filings since 2019
0.5 hrs/week
No compensation reported
Lorin Runnels
Vice President
Vice President & Assistant Secretary → Vice President, 2025
On filings since 2019
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Cullen R. Looney (2019–2024) — President
Data from IRS Form 990 filings, 2019–2025. "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 Looney-Montgomery Foundation
How much does Looney-Montgomery Foundation give each year?
Looney-Montgomery Foundation gave $16K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 7 grants.
What is Looney-Montgomery Foundation's typical grant size?
Looney-Montgomery Foundation's median grant in 2025 was $1,000, and its average grant was $1,761, across 9 grants on its 2025 IRS Form 990-PF.
Where does Looney-Montgomery Foundation give grants?
Looney-Montgomery Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were McAllen, TX (5 grants) and Edinburg, TX (4 grants).
Does Looney-Montgomery Foundation give general operating support?
Yes: 100% of Looney-Montgomery Foundation's 2025 grants with a stated purpose (9 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Looney-Montgomery Foundation's largest grantees?
Looney-Montgomery Foundation's largest 2025 grantees include Internation Museum of Art & Science ($5,000), Palm Valley Animal Society ($3,000) and Museum of South Texas History ($2,400), according to its 2025 IRS Form 990-PF. Together they received 66% of its itemized 2025 grant dollars.
How large is Looney-Montgomery Foundation?
Looney-Montgomery Foundation reported $449K in total assets on its 2025 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Looney-Montgomery Foundation's EIN?
Looney-Montgomery Foundation's EIN (Employer Identification Number) is 74-6050563. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 4, 2021)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
Other open foundation grants in Texas
Texas Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Looney-Montgomery Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Nelson Puett Foundation
Austin, TX
The Nelson Puett Foundation supports charitable, educational, religious, scientific, and medical purposes, with recent grants spanning preservation, education, health, and community services. Its 2024 grants ranged from $240 to $510,000, with a median of $5,100; 93% of grant dollars went to Texas. It accepts requests beyond preselected organizations and asks applicants to provide an organizational history and proposed use of funds.
Assets
$17.4M
Grants
55
Total Given
$1.3M
Tulsa Community Foundation
Tulsa, OK
Tulsa Community Foundation supports charitable causes through donor-advised grants and selected funds, including scholarships, emergency assistance, disaster relief, arts and humanities, healthcare, and financial literacy, primarily in the Tulsa metro area and eastern Oklahoma, with some giving elsewhere in the United States. Its 2024 median grant was $18,560; selected field-of-interest funds have application cycles, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
The Brown Foundation Inc
Houston, TX
The Brown Foundation funds education, arts and culture, healthcare, human services, and civic assets, with education and the arts as top priorities and public education giving focused almost exclusively on greater Houston. Its 2025 grants ranged from $20,000 to $11 million, with a median of $50,000; it primarily supports Houston organizations and selectively funds distinctive opportunities elsewhere in Texas and beyond.
Assets
$1.1B
Grants
222
Total Given
$84.3M
Greater Houston Community Foundation
Houston, TX
The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
Raul Tijerina Jr Foundation
Kingwood, TX
The Raul Tijerina Jr Foundation funds eligible 501(c)(3) nonprofits working in youth, education, health, community development, culture and heritage, and environmental conservation, as well as educational scholarships. It serves Cameron, Hidalgo, Starr, and Willacy counties in Texas; recent grants ranged from $1,881 to $30,000, with a median of $20,000. It accepts unsolicited requests year-round, with no submission deadline.
Assets
$13.3M
Grants
34
Total Given
$551K
Betty Stieren Kelso Foundation
San Antonio, TX
The Betty Stieren Kelso Foundation funds arts, education, health and wellness, animal welfare, and wildlife conservation, with an emphasis on San Antonio and Bexar County. Its 2024 grants ranged from $1,500 to $430,000, with a median of $25,000. Its website has an “Apply for a Grant” pathway; the filing does not state whether unsolicited requests are accepted.
Assets
$51.5M
Grants
73
Total Given
$3.2M
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Looney-Montgomery Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Looney-Montgomery Foundation down — hundreds of funders to go?