Marinelle and Kip Sowden Foundation
Marinelle and Kip Sowden Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 16 grants totaling $337K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5K
Annual Giving
$337K
Grant Count
16
Avg Grant Size
$21K
Under IRS private-foundation payout rules, Marinelle and Kip Sowden Foundation reported a distributable amount of $253 for 2024 — the minimum it must pay out in qualifying distributions.
About Marinelle and Kip Sowden Foundation
Based on IRS filings
Marinelle and Kip Sowden Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 16 grants totaling $337K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $5,142 | — |
| Revenue | $344,000 | — |
| Expenses | $338,858 | — |
| Qualifying Distributions | $337,000 | — |
| Net Investment Income | — | — |
| Distributable Amount | $253 | — |
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
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Woodall Rodgers Park Foundation ($200,000), Mercy Street ($75,000), Makena Silva ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WOODALL RODGERS PARK FOUNDATION DALLAS, TX | DONATIONS | $200,000 |
| MERCY STREET DALLAS, TX | PLEDGE PAID OUT | $75,000 |
| FORGENOW LEWISVILLE, TX | TUITION ASSISTANCE FOR DRAVEN CANTLY. DURING THE TAX YEAR, THE FOUNDATION MADE TUITION ASSISTANCE GRANTS DIRECTLY TO FOUR INDIVIDUALS ENROLLED AT FORGENOW. THE FOUNDATION WAS UNABLE TO OBTAIN THE INDIVIDUAL ADDRESSES FROM FORGENOW, DESPITE REASONABLE EFFORTS TO REQUEST THIS INFORMATION. THE FOUNDATION HAS LISTED THE INDIVIDUALS' NAMES AND THE AMOUNTS RECEIVED IN PART XV OF FORM 990-PF AND IS PROVIDING THIS STATEMENT TO EXPLAIN THE ABSENCE OF ADDRESS INFORMATION FOR THESE RECIPIENTS. | $3,000 |
| FORGENOW LEWISVILLE, TX | TUITION ASSISTANCE FOR ABRAN LOPEZ. DURING THE TAX YEAR, THE FOUNDATION MADE TUITION ASSISTANCE GRANTS DIRECTLY TO FOUR INDIVIDUALS ENROLLED AT FORGENOW. THE FOUNDATION WAS UNABLE TO OBTAIN THE INDIVIDUAL ADDRESSES FROM FORGENOW, DESPITE REASONABLE EFFORTS TO REQUEST THIS INFORMATION. THE FOUNDATION HAS LISTED THE INDIVIDUALS' NAMES AND THE AMOUNTS RECEIVED IN PART XV OF FORM 990-PF AND IS PROVIDING THIS STATEMENT TO EXPLAIN THE ABSENCE OF ADDRESS INFORMATION FOR THESE RECIPIENTS. | $2,000 |
| MAKENA SILVA HARLINGEN, TX | SCHOLARSHIP FOR EDUCATION | $5,000 |
| ANNA GONZALEZ SAN BENITO, TX | SCHOLARSHIP FOR EDUCATION | $5,000 |
| RUBEN GONZALEZ HARLINGEN, TX | SCHOLARSHIP FOR EDUCATION | $5,000 |
| VIANEY QUINEZ MARTINEZ HARLINGEN, TX | SCHOLARSHIP FOR EDUCATION | $5,000 |
| LAUREN LOPEZ HARLINGEN, TX | SCHOLARSHIP FOR EDUCATION | $5,000 |
| JACOB CANO HARLINGEN, TX | TUITION ASSISTANCE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WEBB M SOWDEN III | DIRECTOR, PRESIDENT | 2 | — |
| MARINELLE SOWDEN | DIRECTOR, VICE PRESIDENT | 2 | — |
| WEBB GRAHAM SOWDEN | DIRECTOR | 2 | — |
| EDWARD PATTERSON | DIRECTOR, ASST TREAS/SEC | 2 | — |
| CROZIER SOWDEN KIMZEY | DIRECTOR, VICE PRESIDENT | 2 | — |
| STEPHANIE LANGE | DIRECTOR, SECRETARY | 2 | — |
| KERRY SOWDEN MAGUIRE | DIRECTOR, TREASURER | 2 | — |
| LAURIE SIMMONS | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marinelle and Kip Sowden Foundation?
Marinelle and Kip Sowden Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $5K in total assets as of 2024.
How large is Marinelle and Kip Sowden Foundation?
As of 2024, Marinelle and Kip Sowden Foundation holds $5K in total assets with $344K in annual revenue. It awarded 16 grants totaling $337K in 2024.
Where does Marinelle and Kip Sowden Foundation operate?
Marinelle and Kip Sowden Foundation has awarded grants in Texas.
What size grants does Marinelle and Kip Sowden Foundation award?
In 2024, Marinelle and Kip Sowden Foundation awarded 16 grants totaling $337K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Marinelle and Kip Sowden Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marinelle and Kip Sowden Foundation reported a distributable amount of $253 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marinelle and Kip Sowden Foundation's EIN?
Marinelle and Kip Sowden Foundation's EIN (Employer Identification Number) is 92-1737151. IRS Form 990 filing data is available on this page for 2023–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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