The Dorothy Towne Foundation Inc

RENO, NV EIN: 88-0388909

The Dorothy Towne Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $827K in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $33K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$827K

-5.1% YoY

Annual Giving

$10K

+98.8% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$5K

-0.6% YoY

Under IRS private-foundation payout rules, The Dorothy Towne Foundation Inc reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.

About The Dorothy Towne Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with The Dorothy Towne Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Nevada $24K (100%)

States

Nevada

Cities

Reno

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$827,125	$871,256	$960,535
Revenue	$54,219	$27,506	$37,060
Expenses	$98,350	$116,785	$104,677
Qualifying Distributions	$14,455	$68,315	$56,715
Net Investment Income	$32,724	—	—
Distributable Amount	$31,984	$31,655	$30,038

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 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 Hot August Nights Foundation ($5,000), No Nevada Children's Cancer Foundation ($4,940).

Recipient	Purpose	Amount
HOT AUGUST NIGHTS FOUNDATION RENO, NV	ASSISTANCE	$5,000
NO NEVADA CHILDREN'S CANCER FOUNDATION RENO, NV	ASSISTANCE	$4,940

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
J DOUGLAS CLARK	OFFICER/DIRECTOR	13.25	$18,060
KAREN CLARK	DIRECTOR	4	—
RANDALL D THORNTON	DIRECTOR	4	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Dorothy Towne Foundation Inc?

The Dorothy Towne Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. It holds $827K in total assets as of 2024.

How large is The Dorothy Towne Foundation Inc?

As of 2024, The Dorothy Towne Foundation Inc holds $827K in total assets with $54K in annual revenue. It awarded 2 grants totaling $10K in 2024.

Where does The Dorothy Towne Foundation Inc operate?

The Dorothy Towne Foundation Inc has awarded grants in Nevada.

What size grants does The Dorothy Towne Foundation Inc award?

In 2024, The Dorothy Towne Foundation Inc awarded 2 grants totaling $10K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is The Dorothy Towne Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Dorothy Towne Foundation Inc reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Dorothy Towne Foundation Inc's EIN?

The Dorothy Towne Foundation Inc's EIN (Employer Identification Number) is 88-0388909. IRS Form 990 filing data is available on this page for 2020–2024.