Pearl Thornell Charitable Foundation

Private foundation · Grantmaker Corsicana, TX EIN: 20-5112979

PEARL THORNELL CHARITABLE is a private foundation based in Corsicana, Texas. Its 2025 filing reports grants to charitable organizations, with all reported grant dollars going to recipients in Texas.

Key facts about Pearl Thornell Charitable Foundation

In short: Pearl Thornell Charitable Foundation gave $107K across 17 grants in 2025 (avg $6K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
20-5112979
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$107,000
Grants made (2025)
17
Average grant
$6,294
Median grant
$5,000
Total assets
$1,488,647
Primary geography
Texas (100% of itemized 2025 grant dollars)
How to apply
Submit the requested letter and 501(c)(3) determination letter to Community National Bank Trust. Full details ↓
Deadline
The filing lists the deadline as “calendar quarter.”

Data from IRS Form 990-PF, 2025; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.5M

-0.8% YoY

Annual Giving

$107K

+14.5% YoY

Grant Count

17

+30.8% YoY

Avg Grant Size

$6K

-12.5% YoY

Under IRS private-foundation payout rules, Pearl Thornell Charitable Foundation reported a distributable amount of $117K for 2025 — the minimum it must pay out in qualifying distributions.

How Pearl Thornell Charitable Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+1%). Method
  • In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Grantmaking

In filing year 2025, the foundation reported 17 grants totaling $107,000. Grant amounts ranged from $1,000 to $10,000, with a median of $5,000. Among the largest reported grants were $10,000 each to the Salvation Army in Corsicana, Methodist Children’s Home of Waco, Corsicana ISD Education Foundation, Hope Center, Warehouse Living Arts Center, and Wade Wellnes Services. Other listed grants included $7,500 to Woman’s Club House of Navarro County and $5,000 each to Boys and Girls Club Greater Dallas, Camp of the Rising Sun, The Inn Recovery Community, Navarro County Ambulatory Care Association, and Corsicana Navarro County Public Health.

Review Cycle

The filing lists the deadline as “calendar quarter.”

Your AI grants department

Ready to take the next step with Pearl Thornell Charitable Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

All grant dollars reported for 2025 went to recipients in Texas. Listed recipients were based in Corsicana and other Texas cities, including Waco and Dallas.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 17 itemized grants.

States

Cities

CorsicanaDallasWaco

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K7 grants2020 11 grants2021 12 grants2022 13 grants2023 13 grants2024 17 grants2025

From 2020 to 2025, annual grant giving ranged from $90K (2020) to $107K (2025). In 2025 it made 17 grants totaling $107K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

66 grants across all recorded years

66<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 66 grants of 66 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
17 grants to individuals Recipients not named —$107,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $1,488,647 $116,644 $128,406 $107,000 (17 grants)
2024 $1,500,409 $257,285 $111,862 $93,465 (13 grants)
2023 $1,354,986 $90,296 $110,887 $94,500 (13 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,488,647$1,500,409$1,354,986
Revenue$116,644$257,285$90,296
Expenses$128,406$111,862$110,887
Qualifying Distributions$109,558$95,927$96,766
Net Investment Income$101,187$242,422$77,099
Distributable Amount$116,698$109,747$95,827

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Pearl Thornell Charitable Foundation's only listed officer is Community National Bank & Trust, Trustee on every filing since 2020 (compensated).

Officers on the 2025 filing

  • Community National Bank & Trust

    Trustee

    On filings since 2020

    4 hrs/week

    $14K (2020) → $17K (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Community National Bank & Trust — Trustee: $17KCommunity National Bank…Trustee$17K

The highest reported compensation on the 2025 filing was $17K, to Community National Bank & Trust (Trustee).

Contact

Application contact: Community National Bank Trust
Mailing address: Attn Trust Dept, PO Box 624, Corsicana, TX 75151
Phone: (903) 654-4500

Frequently asked questions about Pearl Thornell Charitable Foundation

How much does Pearl Thornell Charitable Foundation give each year?

Pearl Thornell Charitable Foundation gave $107K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $93K across 13 grants.

What is Pearl Thornell Charitable Foundation's typical grant size?

Pearl Thornell Charitable Foundation's median grant in 2025 was $5,000, and its average grant was $6,294, across 17 grants on its 2025 IRS Form 990-PF.

Where does Pearl Thornell Charitable Foundation give grants?

Pearl Thornell Charitable Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Pearl Thornell Charitable Foundation give general operating support?

Not in 2025: none of the 17 grants with a stated purpose on Pearl Thornell Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Operations" (14 grants).

How large is Pearl Thornell Charitable Foundation?

Pearl Thornell Charitable Foundation reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $110K in qualifying distributions that year, against a required minimum of $117K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

How do I apply for a grant from Pearl Thornell Charitable Foundation?

Submit the requested letter and 501(c)(3) determination letter to Community National Bank Trust. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Pearl Thornell Charitable Foundation's EIN?

Pearl Thornell Charitable Foundation's EIN (Employer Identification Number) is 20-5112979. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Your AI grants department

Here's the math on researching Pearl Thornell Charitable Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Pearl Thornell Charitable Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

J Tom Eady Charitable Trust

Corsicana, TX

The trust funds charitable operations and capital improvements, with 2025 grants going to organizations in Texas. Grants ranged from $2,500 to $100,000, with a median of $5,000. It does not restrict giving to preselected organizations; requests should include the organization’s name, funding purpose, and IRS determination letter.

Assets

$8.5M

Grants

44

Total Given

$618K

Faye Murray & Mae Wardlaw Charitable Foundation

Corsiana, TX

The foundation supports charitable organizations, including education, social services, youth programs, animal welfare, and faith-based work, with funding limited to Navarro County, Texas. Its 2025 grants ranged from $1,000 to $17,500, with a median of $10,000; applications may be requested from Community National Bank Trust.

Assets

$2.0M

Grants

13

Total Given

$120K

Eleanor Thornell Charitable Foundation

Corsicana, TX

The foundation supports charitable operations, with recent grants ranging from $2,500 to $10,000 and a median grant of $5,000. Its 2025 grants went to organizations in Texas, primarily in Corsicana. It accepts requests by letter describing the organization, its history, the requested funds’ purpose, and the amount requested.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.1M

Grants

14

Total Given

$77K

The Moran Family Foundation

Corsicana, TX

The Moran Family Foundation supports religious, educational, and charitable organizations, with grants for varied work including education, youth, basic needs, and research. Its 2025 grants ranged from $500 to $228,000, with a median of $10,000; awards are generally limited to Navarro County, Texas. It accepts written applications from qualified organizations and asks that they be submitted before March 31 each year.

Philanthropy, Voluntarism & Grantmaking

Assets

$15.9M

Grants

43

Total Given

$932K

Navarro Community Foundation

Corsicana, TX

The foundation supports charitable operations and capital improvements, with recent grants ranging from $2,500 to $200,000 and a median of $20,000. Its application information restricts grants to Navarro County, Texas. It accepts written requests, due by the first of each quarter.

Assets

$15.3M

Grants

32

Total Given

$989K

Garitty Charity Association

Henderson, TX

Assets

$482K

Grants

8

Total Given

$26K

Bessie I Hofstetter Trust

College Station, TX

The Bessie I Hofstetter Trust funds charitable operations, including churches, youth-serving organizations, and transitional housing providers, with grants reported to Texas recipients. Its 2025 grants ranged from $2,000 to $85,066, with a median of $15,000. The trust says it does not restrict giving to preselected organizations and refers applicants to attached materials for application details.

Assets

$3.4M

Grants

11

Total Given

$243K

Tr Uw J N Edens Jr

Dallas, TX

Assets

$2.2M

Grants

6

Total Given

$90K

Communities Foundation of Texas Inc

Dallas, TX

Communities Foundation of Texas funds charitable work in health, wealth, living, and learning, with much of its grantmaking supporting North Texas nonprofits; its 2025 grants had a median of $18,779, though award sizes varied widely. Nearly all opportunities are by invitation, and its Nonprofit Gateway profile is not a grant application.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.2B

Grants

2,209

Total Given

$209.2M

Greater Houston Community Foundation

Houston, TX

The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.

Assets

$1.1B

Grants

1,724

Total Given

$232.3M

BNSF Railway Foundation

Fort Worth, TX

The BNSF Railway Foundation supports civic, cultural, educational, health and human services, environmental, and youth programs, as well as general operating costs, in communities served by BNSF across its 28-state network. Its 2025 median grant was $2,500; its current grants program lists awards of $1,000–$10,000.

Philanthropy, Voluntarism & Grantmaking

Assets

$23.0M

Grants

993

Total Given

$7.0M

More Funders in Texas

Pearl Thornell Charitable Foundation down — hundreds of funders to go?

Want AI to do this for you?