MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL
MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL is a private foundation, based in Victoria, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 4 grants totaling $40K. Net investment income was $77K.
Key facts about MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL
In short: MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL gave $40K across 4 grants in 2024 (avg $10K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- EIN
- 75-2156614
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $40,000
- Grants made (2024)
- 4
- Average grant
- $10,000
- Median grant
- $10,000
- Total assets
- $1,149,696
- 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
$1.1M
-7.6% YoY
Annual Giving
$40K
+0.0% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$10K
+0.0% YoY
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $40K (2023) to $68K (2019). In 2024 it made 4 grants totaling $40K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Y M C a ($10K). Together the top 4 received $40K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 16 grants of 16 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Y M C a Plainview, TX | Capital Projects Fund | $10,000 |
| Hale Co Hospital Authority Plainview, TX | Hospital Equipment | $10,000 |
| Texas Tech Foundation Lubbock, TX | Higher Education | $10,000 |
| Plainview Methodist Church Plainview, TX | Child Development | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,149,696 | $1,243,799 | $1,150,375 |
| Revenue | $78,781 | $76,473 | $65,188 |
| Expenses | $46,929 | $53,475 | $66,881 |
| Qualifying Distributions | $40,000 | $40,000 | $60,000 |
| Net Investment Income | $77,108 | $74,160 | $58,307 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 9, 2020)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Brent Hamilton
Trustee
On filings since 2022
No compensation reported
Danny Glenn
Trustee
On filings since 2022
2 hrs/week
No compensation reported
Jeffrey Tunnell
Trustee
On filings since 2022
5 hrs/week
No compensation reported
Former officers (4)
- Former: Graddy Tunnell (2019–2021) — Trustee
- Former: Happy State Bank (2020–2021) — Foundation Mana
- Former: John Anderson (2019–2020) — Trustee
- Former: Centennial Bank (2019) — Foundation Mana
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 MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL
How much does MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL give each year?
MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL gave $40K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $40K across 4 grants.
What is MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL's typical grant size?
MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL's median grant in 2024 was $10,000, and its average grant was $10,000, across 4 grants on its 2024 IRS Form 990-PF.
Where does MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL give grants?
MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL gives mostly in Texas: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Plainview, TX (3 grants).
Does MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL's 2024 IRS Form 990-PF were described as general or operating support.
How large is MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL?
MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL reported $1.1M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $79K.
What is MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL's EIN?
MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL's EIN (Employer Identification Number) is 75-2156614. 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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