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.

MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL at a glance

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.

Annual giving (2024)
$40,000
+0.0% vs 2023
Grants made (2024)
4
+0.0% vs 2023
Average grant
$10,000
+0.0% vs 2023
Median grant
$10,000
Total assets
$1,149,696
-7.6% vs 2023
Primary geography
Texas (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL funds

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%).

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 History

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.

Grants by year

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
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2024$1,149,696$78,781$46,929$40,0004$40,000$77,108
2023$1,243,799$76,473$53,475$40,0004$40,000$74,160
2022$1,150,375$65,188$66,881$60,0004$60,000$58,307
2021$1,153,685$58,579$7,418———$54,899
2020$1,101,143$72,730$69,639$64,0004—$68,240
2019$1,104,405$58,743$77,979$68,0004—$66,899

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.

Data update history

(2)

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from MARSHALL FORMBY FOUNDATION co JEFFREY TUNNELL'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.

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