Martha David & Bagby Lennox Foundation
Martha David & Bagby Lennox Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARIS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.1M in total assets. In 2024, it awarded 1 grants totaling $1.1M. Net investment income was $1.7M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.1M
+5.3% YoY
Annual Giving
$1.1M
+14.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.1M
+14.9% YoY
Under IRS private-foundation payout rules, Martha David & Bagby Lennox Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
About Martha David & Bagby Lennox Foundation
Based on IRS filings
Martha David & Bagby Lennox Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARIS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.1M in total assets. In 2024, it awarded 1 grants totaling $1.1M. Net investment income was $1.7M.
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 | 2022 |
|---|---|---|---|
| Total Assets | $11,114,638 | $10,556,282 | $10,611,750 |
| Revenue | $1,966,538 | $1,206,985 | $1,097,493 |
| Expenses | $1,408,182 | $1,262,453 | $1,368,664 |
| Qualifying Distributions | $1,135,671 | $998,800 | $1,086,842 |
| Net Investment Income | $1,694,027 | $943,332 | $815,671 |
| Distributable Amount | $1,083,993 | $972,294 | $978,643 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached Schedule ($1,055,671).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED SCHEDULE VARIOUS, TX | SEE ATTACHED SCHEDULE | $1,055,671 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM P STRENG | President | 10 | $42,000 |
| SAM L HOCKER | Vice President | 10 | $42,000 |
| MARY CLARK | Director | 10 | $42,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Martha David & Bagby Lennox Foundation?
Martha David & Bagby Lennox Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARIS, TX. It holds $11.1M in total assets as of 2024.
How large is Martha David & Bagby Lennox Foundation?
As of 2024, Martha David & Bagby Lennox Foundation holds $11.1M in total assets with $2.0M in annual revenue. It awarded 1 grants totaling $1.1M in 2024.
Where does Martha David & Bagby Lennox Foundation operate?
Martha David & Bagby Lennox Foundation has awarded grants in Texas.
What size grants does Martha David & Bagby Lennox Foundation award?
In 2024, Martha David & Bagby Lennox Foundation awarded 1 grants totaling $1.1M — an average of about $1.1M per grant, based on its IRS Form 990 filings.
How much is Martha David & Bagby Lennox Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Martha David & Bagby Lennox Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Martha David & Bagby Lennox Foundation's EIN?
Martha David & Bagby Lennox Foundation's EIN (Employer Identification Number) is 76-0157945. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.