The Florence Foundation

DALLAS, TX EIN: 75-6008029 Website

The Florence Foundation is a private foundation based in Dallas, Texas, established in 1956 and granted tax-exempt status in March 1959. The foundation operates as a non-operating foundation with a focus on philanthropic giving to charitable, religious, educational, and scientific institutions.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.8M

-14.4% YoY

Annual Giving

$395K

-60.9% YoY

Grant Count

+74.1% YoY

Avg Grant Size

$8K

-77.5% YoY

Under IRS private-foundation payout rules, The Florence Foundation reported a distributable amount of $173K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's primary purpose is giving for social causes, particularly:

Assisting public charitable, religious, or educational institutions
Promoting and aiding scientific research for the advancement of human knowledge
Care of the sick, the aged, the needy, and the helpless

Recent grantmaking priorities include:

Unrestricted general support
Virtual museum education
Therapeutic early childhood programs
Transitional living support
Homeless outreach

Grantmaking

Grant Range

approximately $8,000–$49,000 depending on year

Average Grant

approximately $8,000–$49,000 depending on year

Review Cycle

Prior to August 1 for the annual fall meeting

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

Texas (primary focus)
Hawaii
California
Virginia

Grantmaking reaches organizations across multiple states, with Texas and Hawaii being the primary beneficiary regions.

Grant Distribution by State

Texas $2.0M (91%)

Hawaii $193K (9%)

California $5K (0%)

States

California Hawaii Texas Virginia

Cities

AllenCarrolltonCorinthDallasDentonElginFriendswoodFriscoGarlandHaikuHallsvilleHonoluluHoustonKahuluiKulaLahainaLaredoLewisvilleLos AngelesMakawao

Financial History

Multi-year comparison from IRS filings

Most Recent (Fiscal Year Ending November 2025):

Total assets: $1,795,171
Total revenues: $155,980
Total expenses: $470,798
Number of employees: 0

Prior Year (Fiscal Year Ending November 2024):

Total assets: $1,029,261
Total revenues: $160,066
Total expenses: $387,690

Historical Context:

Total assets have fluctuated, ranging from approximately $1.0 million to $1.8 million in recent years
Investment income and dividends are a primary revenue source
Total grants and contributions reported at $0 in recent fiscal years, indicating the foundation operates primarily from existing assets

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$1,795,171	$2,096,385	$1,029,261
Revenue	$155,980	$2,118,935	$160,066
Expenses	$470,798	$1,051,648	$387,690
Qualifying Distributions	$409,558	$1,025,335	$351,785
Net Investment Income	$129,354	$2,092,628	$125,328
Distributable Amount	$173,388	$131,435	$122,853

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Grant Size Distribution

167 grants across all recorded years

Open Grants

1 open opportunity from The Florence Foundation

Foundation

Florence Foundation Grants

THE FLORENCE FOUNDATION

Amount

US $5,000 - US $50,000

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Maui Memorial Medical Center Foundation ($30,000), Nexus Recovery Center Inc ($25,000), Christian Community Action ($15,000).

Recipient	Purpose	Amount
NEXUS RECOVERY CENTER INC DALLAS, TX	UNRESTRICTED GENERAL	$25,000
CHRISTIAN COMMUNITY ACTION LEWISVILLE, TX	UNRESTRICTED GENERAL	$15,000
MY POSSIBILITIES PLANO, TX	UNRESTRICTED GENERAL	$15,000
MANE GAIT PROSPER, TX	UNRESTRICTED GENERAL	$3,000
OUR CALLING INC DALLAS, TX	UNRESTRICTED GENERAL	$5,000
BECKY'S HOPE HORSE RESCUE INC FRISCO, TX	SUPPORT FOR VET AND FARRIER	$2,000
THE STOREHOUSE OF COLLIN COUNTY PLANO, TX	UNRESTRICTED GENERAL	$10,000
DIVINE NATURE ALLIANCE MAKAWAO, HI	UNRESTRICTED GENERAL	$1,000
CAFE MOMENTUM DALLAS, TX	UNRESTRICTED GENERAL	$10,000
TEXAS RAMP PROJECT RICHARDSON, TX	UNRESTRICTED GENERAL	$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

Bank of America N.A.: Serving as Managing Director/Trustee (compensation: $33,875 as of April 2025)
Sandra C. Florence: Board member (serves without compensation)
Additional board members serve without compensation

The foundation is governed by 9 officers and trustees.

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	1	$34,594
SANDRA C FLORENCE	FDN BOARD	1	—
PAUL W HARRIS	FDN BOARD	1	—
CORINNE ARONHALT	FDN BOARD	1	—
KATHERINE L FLORENCE	FDN BOARD	1	—
TERRY G PRICHETT	FDN BOARD	1	—
KATIE ROBBINS	FDN BOARD	1	—
DENISE A WICKLINE	CHAIRMAN	1	—
SHARON FLORENCE MCCANDLESS	FDN BOARD	1	—

Contact Information

Address: PO Box 653067, Dallas, TX 75265-3067
Telephone: 888-866-3275 or (800) 357-7094
Website: www.bankofamerica.com/philanthropic/foundation/

Frequently Asked Questions

What does The Florence Foundation fund?

The foundation's primary purpose is giving for social causes, particularly: • Assisting public charitable, religious, or educational institutions • Promoting and aiding scientific research for the advancement of human knowledge • Care of the sick, the aged, the needy, and the helpless Recent grantmaking priorities include: • Unrestricted general support • Virtual museum education • Therapeutic early childhood programs • Transitional living support • Homeless outreach

How do I apply for a grant from The Florence Foundation?

**Grant Activity:** • Made 34 grants in the most recent fiscal year (as of November 2025) • Total giving: approximately $375,000 (November 2025) • Historical total giving: $338,500 (2023) • Individual grants have ranged from $500 to $108,000 • Average grant size: approximately $8,000–$49,000 depending on year • Median grant: $5,000 **Recent Grantees (November 2025):** • Maui Health Foundation: $30,000 • Nexus Recovery Center: $25,000 • Men of Nehemiah: $15,000 • Citysquare (among others) **Appl…

Where does The Florence Foundation make grants?

The foundation primarily funds organizations in: • **Texas** (primary focus) • **Hawaii** • **California** • **Virginia** Grantmaking reaches organizations across multiple states, with Texas and Hawaii being the primary beneficiary regions.

What size grants does The Florence Foundation award?

In 2025, The Florence Foundation awarded 47 grants totaling $395K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is The Florence Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Florence Foundation reported a distributable amount of $173K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.