Philip B Downing Account

DALLAS, TX EIN: 04-6009138

Philip B Downing Account is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $366K in total assets. In 2024, it awarded 3 grants totaling $18K. Net investment income was $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$366K

+0.3% YoY

Annual Giving

$18K

+29.8% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$6K

+29.8% YoY

About Philip B Downing Account

Based on IRS filings

Philip B Downing Account is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $366K in total assets. In 2024, it awarded 3 grants totaling $18K. Net investment income was $9K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BostonCambridgeWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$39K$59K$79K20202021202220232024
Metric202420232022
Total Assets$366,092$365,095$380,895
Revenue$15,281$-262$71,364
Expenses$26,479$23,221$30,761
Qualifying Distributions$20,990$16,702$25,514
Net Investment Income$8,925$3,458$65,795
Distributable Amount$21,300$19,754$21,036

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$11K$17K$22K3 grants20203 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

PRESIDENT AND FELLOWS OF$6KHOWARD UNIVERSITY$6KMASS INSTITUTE OF TECHNO…$6K

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BANK OF AMERICATRUSTEE$7K

From 2024 filing

NameTitleHoursCompensation
BANK OF AMERICATRUSTEE1$6,864

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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