Pearl Thornell Charitable

CORSICANA, TX EIN: 20-5112979

Pearl Thornell Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORSICANA, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 13 grants totaling $93K. Net investment income was $242K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+10.7% YoY

Annual Giving

$93K

-1.1% YoY

Grant Count

13

+0.0% YoY

Avg Grant Size

$7K

-1.1% YoY

Under IRS private-foundation payout rules, Pearl Thornell Charitable reported a distributable amount of $110K for 2024 — the minimum it must pay out in qualifying distributions.

About Pearl Thornell Charitable

Based on IRS filings

Pearl Thornell Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORSICANA, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 13 grants totaling $93K. Net investment income was $242K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

CorsicanaDallasWaco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$71K$142K$212K$283K20202021202220232024
Metric202420232022
Total Assets$1,500,409$1,354,986$1,375,577
Revenue$257,285$90,296$79,950
Expenses$111,862$110,887$123,929
Qualifying Distributions$95,927$96,766$107,899
Net Investment Income$242,422$77,099$66,442
Distributable Amount$109,747$95,827$96,712

Giving Over Time

Total grant dollars and number of grants per year

$0$26K$53K$79K$106K7 grants202011 grants202112 grants202213 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CORSICANA ISD EDUCATION …$15KMETHODIST CHILDRENS HOME…$10KPRESBYTERIAN CHILDREN SE…$10KVOICE$10KCHRISTMAS IN APRIL - NAV…$10KBOYS AND GIRLS CLUB GREA…$9KTHE INN RECOVERY COMMUNITY$8KHUMANE SOCIETY OF NAVARR…$5KHOPE CENTER$5KCAMP OF THE RISING SUN$5K

Grant Size Distribution

56 grants across all recorded years

56<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Corsicana Isd Education Foundation ($15,000), Methodist Childrens Home of Waco ($10,000), Presbyterian Children Services ($10,000).

RecipientPurposeAmount
SALVATION ARMY CORSICANA, TXCHARITABLE OPERATIONS$3,965
METHODIST CHILDRENS HOME OF WACO WACO, TXCHARITABLE OPERATIONS$10,000
HUMANE SOCIETY OF NAVARRO COUNTY CORSICANA, TXCHARITABLE OPERATIONS$5,000
BOYS AND GIRLS CLUB GREATER DALLAS DALLAS, TXCHARITABLE OPERATIONS$8,500
PRESBYTERIAN CHILDREN SERVICES CORSICANA, TXCHARITABLE OPERATIONS$10,000
CORSICANA ISD EDUCATION FOUNDATION CORSICANA, TXCHARITABLE OPERATIONS$15,000
HOPE CENTER CORSICANA, TXCHARITABLE OPERATIONS$5,000
VOICE CORSICANA, TXCHARITABLE OPERATIONS$10,000
CAMP OF THE RISING SUN CORSICANA, TXCHARITABLE OPERATION$5,000
CHRISTMAS IN APRIL - NAVARRO COUNTY CORSICANA, TXCHARITABLE OPERATIONS$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Pearl Thornell Charitable?

Pearl Thornell Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORSICANA, TX. It holds $1.5M in total assets as of 2024.

How large is Pearl Thornell Charitable?

As of 2024, Pearl Thornell Charitable holds $1.5M in total assets with $257K in annual revenue. It awarded 13 grants totaling $93K in 2024.

Where does Pearl Thornell Charitable operate?

Pearl Thornell Charitable has awarded grants in Texas.

What size grants does Pearl Thornell Charitable award?

In 2024, Pearl Thornell Charitable awarded 13 grants totaling $93K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Pearl Thornell Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pearl Thornell Charitable reported a distributable amount of $110K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Pearl Thornell Charitable's EIN?

Pearl Thornell Charitable's EIN (Employer Identification Number) is 20-5112979. 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.

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