MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL

Private foundation · Grantmaker Victoria, TX EIN: 75-2156614

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

1state

Share of 2024 grant dollars across all 4 itemized grants.

States

Cities

PlainviewLubbock

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K4 grants2019 4 grants2020 0 grants2021 4 grants2022 4 grants2023 4 grants2024

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

Y M C a: $10KY M C a$10KHale Co Hospital Authority: $10KHale Co Hospital Authority$10KTexas Tech Foundation: $10KTexas Tech Foundation$10KPlainview Methodist Church: $10KPlainview Methodist Church$10K

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

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 16 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Y M C a Plainview, TXCapital Projects Fund$10,000
Hale Co Hospital Authority Plainview, TXHospital Equipment$10,000
Texas Tech Foundation Lubbock, TXHigher Education$10,000
Plainview Methodist Church Plainview, TXChild Development$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2019 2020 2021 2022 2023 2024
Metric202420232022
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

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS April 9, 2020)
  2. 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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