Thomas L Jr & Grace P Downs Scholarship Fund
As set forth in the trust instrument and followed by the trustee, this organization supports southwestern university, Texas wesleyan university and southern methodist university.
Thomas L Jr & Grace P Downs Scholarship Fund at a glance
In short: Thomas L Jr & Grace P Downs Scholarship Fund gave $260K across 3 grants in 2026 (avg $87K), mostly in Texas. Source: 2026 IRS Form 990.
- Annual giving (2026)
- $259,547
- +22.4% vs 2025
- Grants made (2026)
- 3
- +0.0% vs 2025
- Average grant
- $86,516
- +22.4% vs 2025
- Median grant
- $86,516
- Total assets
- $8,565,820
- -0.1% vs 2025
- Primary geography
- Texas (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990, 2026 View filing
Data from IRS Form 990, 2026; updated September 2026.
Who Thomas L Jr & Grace P Downs Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2026
The largest 2026 recipient was Southern Methodist University ($87K). Together the top 3 received $260K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $50–100K range: 15 grants of 15 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 3 itemized grants.
States
Cities
How Thomas L Jr & Grace P Downs Scholarship Fund gives
- Giving held roughly steady from 2023 to 2026 (+2%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $212K (2025) to $261K (2022). In 2026 it made 3 grants totaling $260K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Southern Methodist University Dallas, TX | Charitable | $86,516 |
| Texas Wesleyan University Ft Worth, TX | Charitable | $86,516 |
| Southwestern University Georgetown, TX | Charitable | $86,515 |
Ready to take the next step with Thomas L Jr & Grace P Downs Scholarship Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2026 | $8,565,820 | $355,093 | $363,711 | $259,547 | 3 | $355,093 |
| 2025 | $8,574,438 | $230,411 | $307,492 | $212,000 | 3 | $230,411 |
| 2024 | $8,651,519 | $331,524 | $343,795 | $254,001 | 3 | $331,524 |
| 2023 | $8,663,790 | $395,869 | $341,570 | $255,000 | 3 | $395,869 |
| 2022 | $8,609,490 | $1,490,350 | $355,147 | $261,000 | 3 | $1,490,350 |
| 2021 | $7,474,286 | $342,548 | $335,875 | $247,650 | 3 | $342,548 |
About Thomas L Jr & Grace P Downs Scholarship Fund
Based on IRS filings
Thomas L Jr & Grace P Downs Scholarship Fund is a public charity, based in San Antonio, TX. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $8.6M in total assets. In 2026, it awarded 3 grants totaling $260K. Net investment income was $355K.
Leadership & Key People
Officers and directors from IRS filings
Thomas L Jr & Grace P Downs Scholarship Fund's only listed officer is Frost Bank Trustee, Debbie Broemsen & Administrator since 2023 (on filings since 2021) (compensated).
Officers on the 2026 filing
Frost Bank Trustee
Debbie Broemsen & Administrator
Kathleen Finck & Administrator → Debbie Broemsen & Administrator, 2023
On filings since 2021
40 hrs/week
$79K (2021) → $91K (2026)
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $91K, to Frost Bank Trustee (Debbie Broemsen, Administrator).
Frequently asked questions about Thomas L Jr & Grace P Downs Scholarship Fund
How much does Thomas L Jr & Grace P Downs Scholarship Fund give each year?
Thomas L Jr & Grace P Downs Scholarship Fund gave $260K across 3 grants in 2026, according to its 2026 IRS Form 990. In 2025 it gave $212K across 3 grants.
What is Thomas L Jr & Grace P Downs Scholarship Fund's typical grant size?
Thomas L Jr & Grace P Downs Scholarship Fund's median grant in 2026 was $86,516, and its average grant was $86,516, across 3 grants on its 2026 IRS Form 990.
Where does Thomas L Jr & Grace P Downs Scholarship Fund give grants?
Thomas L Jr & Grace P Downs Scholarship Fund gives mostly in Texas: 100% of the grant dollars itemized on its 2026 IRS Form 990 went to recipients there.
Does Thomas L Jr & Grace P Downs Scholarship Fund give general operating support?
Not in 2026: none of the 3 grants with a stated purpose on Thomas L Jr & Grace P Downs Scholarship Fund's 2026 IRS Form 990 were described as general or operating support. Recurring purposes include "Charitable" (3 grants).
How large is Thomas L Jr & Grace P Downs Scholarship Fund?
Thomas L Jr & Grace P Downs Scholarship Fund reported $8.6M in total assets on its 2026 IRS Form 990. Its revenue that year was $355K.
What is Thomas L Jr & Grace P Downs Scholarship Fund's EIN?
Thomas L Jr & Grace P Downs Scholarship Fund's EIN (Employer Identification Number) is 74-2123714. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS September 30, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 23, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 21, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 20, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS August 18, 2025)
- Added Form 990 for fiscal year 2026 (received by the IRS August 24, 2026)
- IRS filings on file for fiscal years 2021–2025
Other open foundation grants in Texas
Texas Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Thomas L Jr & Grace P Downs Scholarship Fund's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Texas
The Robert a Welch Foundation
Houston, TX
The Robert A. Welch Foundation funds basic chemical research and related fields at educational institutions in Texas. Research grants provide $117,000 per year; 2025 grants ranged from $25,000 to $7.96 million, with a median of $105,000. It accepts research grant proposals through its designated portal; departmental and Catalyst for Discovery proposals are by invitation.
Assets
$622.7M
Grants
69
Total Given
$38.3M
Tulsa Community Foundation
Tulsa, OK
Tulsa Community Foundation supports charitable causes through donor-advised grants and selected funds, including scholarships, emergency assistance, disaster relief, arts and humanities, healthcare, and financial literacy, primarily in the Tulsa metro area and eastern Oklahoma, with some giving elsewhere in the United States. Its 2024 median grant was $18,560; selected field-of-interest funds have application cycles, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
Michael & Susan Dell Foundation
Austin, TX
The Michael & Susan Dell Foundation funds education, health, jobs and livelihoods, and family economic stability, with its deepest U.S. focus in Texas and additional work across the U.S. and internationally. In 2024 it awarded 835 grants totaling about $164.6 million; grants ranged from $75 to $50 million, with a median of $19,324. It accepts unsolicited requests through its online application process.
Assets
$7.8B
Grants
835
Total Given
$164.6M
Perkins-Prothro Foundation
Wichita Falls, TX
The Perkins-Prothro Foundation supports organizations working in senior care, hospice, music, hunger relief, education, faith communities, and community facilities, primarily in Texas. In 2025, grants ranged from $85 to $400,000, with a median of $3,330. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$17.5M
Grants
119
Total Given
$2.2M
Communities Foundation of Texas Inc
Dallas, TX
Communities Foundation of Texas funds a broad range of community needs, including health, education, housing, and community development, primarily in North Texas and across Texas. Its 2025 grants had a median of about $18,800, though amounts varied widely; nearly all opportunities are by invitation, with some specific programs open for applications.
Assets
$1.2B
Grants
2,209
Total Given
$209.2M
Texas United Methodist College Association
Abilene, TX
Assets
—
Grants
6
Total Given
$172K
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Thomas L Jr & Grace P Downs Scholarship Fund'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.
Thomas L Jr & Grace P Downs Scholarship Fund down — hundreds of funders to go?