The Downey Family Foundation Inc
The Downey Family Foundation Inc is a private foundation, based in Monroe, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 9 grants totaling $435K. Net investment income was $1.1M.
The Downey Family Foundation Inc at a glance
In short: The Downey Family Foundation Inc gave $435K across 9 grants in 2024 (avg $48K), mostly in Georgia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $435,250
- -6.2% vs 2023
- Grants made (2024)
- 9
- -25.0% vs 2023
- Average grant
- $48,361
- +25.1% vs 2023
- Median grant
- $35,000
- Total assets
- $3,891,352
- +21.1% vs 2023
- Primary geography
- Georgia (64% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Downey Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Team up Mentoring ($105K). Together the top 9 received $435K.
Grant Size Distribution
44 grants across all recorded years
The most common grant size was under $50K: 31 grants of 44 (70%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
How The Downey Family Foundation Inc gives
- Giving fell 24% from 2021 to 2024. Method
- In 2024 it paid out 154% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $435K (2024) to $639K (2020). In 2024 it made 9 grants totaling $435K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Team up Mentoring Monroe, GA | General Support | $105,250 |
| Tunnel to Towers Foundation Staten Island, NY | General Support | $100,000 |
| Shriners Hospital (Shriners Temple) Atlanta, GA | General Support | $50,000 |
| Georgia Sheriffs' Youth Homes Foundation Inc McDonough, GA | General Support | $40,000 |
| Grace Monroe at the Mill Monroe, GA | General Support | $35,000 |
| Cato Institute Washington, DC | General Support | $30,000 |
| Homeaid Atlanta Atlanta, GA | General Support | $30,000 |
| Soldiers Angels San Antonio, TX | General Support | $25,000 |
| Special Olympics Georgia Norcross, GA | General Support | $20,000 |
Ready to take the next step with The Downey Family Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,891,352 | $1,136,587 | $460,081 | $435,250 | 9 | $437,690 | $1,114,641 | $283,537 |
| 2023 | $3,214,595 | $159,986 | $504,196 | $464,000 | 12 | $465,900 | $132,174 | $404,473 |
| 2022 | $6,669,081 | $501,240 | $509,002 | $454,561 | 9 | $457,869 | $450,107 | $532,138 |
| 2021 | $6,645,251 | $668,140 | $614,607 | $571,005 | 8 | $572,580 | $626,113 | $575,731 |
| 2020 | $6,591,718 | $31,883 | $713,180 | $639,000 | 6 | — | $78,152 | $450,608 |
Under IRS private-foundation payout rules, The Downey Family Foundation Inc reported a distributable amount of $284K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Downey Family Foundation Inc is led by Francis J. Downey, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Francis J. Downey
President
On filings since 2020
2 hrs/week
No compensation reported
Former officers (1)
- Former: Catherine L. Downey (2020–2023) — Vice President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Downey Family Foundation Inc
How much does The Downey Family Foundation Inc give each year?
The Downey Family Foundation Inc gave $435K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $464K across 12 grants.
What is The Downey Family Foundation Inc's typical grant size?
The Downey Family Foundation Inc's median grant in 2024 was $35,000, and its average grant was $48,361, across 9 grants on its 2024 IRS Form 990-PF.
Where does The Downey Family Foundation Inc give grants?
The Downey Family Foundation Inc gives mostly in Georgia: 64% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (23%) and District of Columbia (7%). The most frequent recipient cities were Monroe, GA (2 grants) and Atlanta, GA (2 grants).
Does The Downey Family Foundation Inc give general operating support?
Yes: 100% of The Downey Family Foundation Inc's 2024 grants with a stated purpose (9 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Downey Family Foundation Inc's largest grantees?
The Downey Family Foundation Inc's largest 2024 grantees include Team up Mentoring ($105,250), Tunnel to Towers Foundation ($100,000) and Shriners Hospital (Shriners Temple) ($50,000), according to its 2024 IRS Form 990-PF. Together they received 59% of its itemized 2024 grant dollars.
How large is The Downey Family Foundation Inc?
The Downey Family Foundation Inc reported $3.9M in total assets on its 2024 IRS Form 990-PF. It paid out $438K in qualifying distributions that year, against a required minimum of $284K (roughly 5% of its investment assets).
What is The Downey Family Foundation Inc's EIN?
The Downey Family Foundation Inc's EIN (Employer Identification Number) is 47-1805900. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 25, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 30, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Downey Family Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in The Downey Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Community Foundation for Greater Atlanta Inc
Atlanta, GA
The Community Foundation for Greater Atlanta funds nonprofits across areas including health, education, human services, arts, housing, and civic engagement, with an emphasis on equity and shared prosperity. Its itemized 2024 grants had a median of $21,000, and over 64% of its 2024 grant support stayed in the 23-county metro Atlanta region, though it also funds organizations nationally and internationally. Nonprofits can apply through the foundation’s Grants Portal for competitive opportunities; it also makes donor-advised grants, but the profile does not state whether it accepts unsolicited requests.
Assets
$1.5B
Grants
1,414
Total Given
$152.3M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
The Arthur M Blank Family Foundation
Atlanta, GA
The Arthur M. Blank Family Foundation funds work in Atlanta’s Westside, democracy, the environment, mental health and well-being, youth development, and founder initiatives, with a focus on Georgia and Montana and some national impact. In 2024, grants ranged from $500 to $20 million, with a median of $50,000. It makes grants by invitation and does not accept unsolicited requests.
Assets
$466.3M
Grants
586
Total Given
$212.1M
The Greater Cincinnati Foundation
Cincinnati, OH
The Greater Cincinnati Foundation funds nonprofits working on education, housing, community and cultural vibrancy, and related regional needs, with responsive grants focused on its eight-county Greater Cincinnati service area. Its 2024 median grant was $20,000, though amounts vary widely; specific opportunities include awards of up to $35,000 for Resilient Communities and up to $450,000 through the Neighborhood Development Fund. It lists RFP and letter-of-intent opportunities but does not state whether it accepts unsolicited requests.
Assets
$1.0B
Grants
1,408
Total Given
$184.4M
Essendant Charitable Foundation
Deerfield, IL
Assets
$2.5M
Grants
126
Total Given
$223K
Walton Co Health Care Foundation
Monroe, GA
The foundation supports the health of Walton County, Georgia residents, funding medical and food assistance, cancer-related costs, counseling, therapy, health education, equipment, and health-related scholarships. In 2025, its 25 grants ranged from $150 to $210,503, with a median of $26,677. The profile does not state whether it accepts unsolicited requests.
Assets
$49.9M
Grants
25
Total Given
$1.3M
More similar funders
More Funders in Georgia
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Downey Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Downey Family Foundation Inc down — hundreds of funders to go?