Paul B & Frances Lenora Terry Jr
Paul B & Frances Lenora Terry Jr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 50 grants totaling $52K. Net investment income was $74K.
Key facts about Paul B & Frances Lenora Terry Jr
- EIN
- 20-3924709
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $52,300
- Grants made (2024)
- 50
- Average grant
- $1,046
- Median grant
- $750
- New grantees (estimate)
- 30% first-time grantees (15 of 50, 2024)
- Total assets
- $2,179,064
- Primary geography
- Texas (89% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Paul B & Frances Lenora Terry Jr funds
By grant dollars, the top recipient states for Paul B & Frances Lenora Terry Jr's 50 itemized 2024 grants were Texas (89%). The most frequent recipient cities were Houston, TX (27 grants), Galveston, TX (3 grants), Austin, TX (2 grants) and College Station, TX (2 grants). None of its 50 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (50 grants).
Is Paul B & Frances Lenora Terry Jr open to new grantees?
30%
first-time grantees, 2024
In 2024, 15 of 50 grantees (30%) were first-time recipients. First grants averaged $820; repeat grants $1K. How we count
Medians: $750 first-time, $1K repeat.
- 54% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−8%). Method
- In 2024 it paid out 54% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Paul B & Frances Lenora Terry Jr
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
+37.0% YoY
Annual Giving
$52K
-8.3% YoY
Grant Count
50
+25.0% YoY
Avg Grant Size
$1K
-26.6% YoY
Under IRS private-foundation payout rules, Paul B & Frances Lenora Terry Jr reported a distributable amount of $96K for 2024 — the minimum it must pay out in qualifying distributions.
About Paul B & Frances Lenora Terry Jr
Based on IRS filings
Paul B & Frances Lenora Terry Jr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 50 grants totaling $52K. Net investment income was $74K.
Focus Areas
Ready to take the next step with Paul B & Frances Lenora Terry Jr?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 50 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,179,064 | $1,590,757 | $1,417,324 |
| Revenue | $92,798 | $93,271 | $135,939 |
| Expenses | $70,276 | $73,119 | $191,105 |
| Qualifying Distributions | $51,822 | $56,475 | $181,134 |
| Net Investment Income | $74,344 | $76,627 | $125,968 |
| Distributable Amount | $96,417 | $76,162 | $75,544 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
228 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include The Bryan Museum ($5,000), Meals on Wheels ($2,500), Texas State Historical Association ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| THE BRYAN MUSEUM Galveston, TX | CHARITABLE | $5,000 |
| MEALS ON WHEELS Alexandria, VA | CHARITABLE | $2,500 |
| TEXAS STATE HISTORICAL ASSOCIATION Austin, TX | CHARITABLE | $2,500 |
| THE LAMAR ALUMNI FOUNDATION Beaumont, TX | CHARITABLE | $2,500 |
| HOUSTON FOOD BANK Houston, TX | CHARITABLE | $2,000 |
| LORD OF THE STREETS Houston, TX | CHARITABLE | $2,000 |
| ST MARK'S EPISCOPAL CHURCH Houston, TX | CHARITABLE | $2,000 |
| SALVATION ARMY Houston, TX | CHARITABLE | $1,750 |
| STAR OF HOPE MISSION Houston, TX | CHARITABLE | $1,750 |
| KID'S MEALS Houston, TX | CHARITABLE | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Roland Sledge | President / Treasurer | 5 | — |
| Thomas Harper III | Vice President | — | — |
| Kathryn T Smith | Vice President | — | — |
| Lauren Brook Tata | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Paul B & Frances Lenora Terry Jr?
Paul B & Frances Lenora Terry Jr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. It holds $2.2M in total assets as of 2024.
How large is Paul B & Frances Lenora Terry Jr?
As of 2024, Paul B & Frances Lenora Terry Jr holds $2.2M in total assets with $93K in annual revenue. It awarded 50 grants totaling $52K in 2024.
Where does Paul B & Frances Lenora Terry Jr operate?
Paul B & Frances Lenora Terry Jr has awarded grants in District of Columbia, Illinois, Massachusetts, Maryland, Montana, New York, South Dakota, Texas, Virginia.
What size grants does Paul B & Frances Lenora Terry Jr award?
In 2024, Paul B & Frances Lenora Terry Jr awarded 50 grants totaling $52K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Paul B & Frances Lenora Terry Jr required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Paul B & Frances Lenora Terry Jr reported a distributable amount of $96K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Paul B & Frances Lenora Terry Jr's EIN?
Paul B & Frances Lenora Terry Jr's EIN (Employer Identification Number) is 20-3924709. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.