Thomas M and Mary M Owens Foundation
Thomas M and Mary M Owens Foundation is a private foundation, based in PALOS HEIGHTS, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.3M in total assets. In 2024, it awarded 1 grants totaling $1.3M. Net investment income was $567K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.3M
+1.7% YoY
Annual Giving
$1.3M
+6.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.3M
+6.6% YoY
Under IRS private-foundation payout rules, Thomas M and Mary M Owens Foundation reported a distributable amount of $861K for 2024 — the minimum it must pay out in qualifying distributions.
About Thomas M and Mary M Owens Foundation
Based on IRS filings
Thomas M and Mary M Owens Foundation is a private foundation, based in PALOS HEIGHTS, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.3M in total assets. In 2024, it awarded 1 grants totaling $1.3M. Net investment income was $567K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,283,804 | $14,043,419 | $15,965,588 |
| Revenue | $1,008,453 | $864,151 | $937,189 |
| Expenses | $1,771,269 | $1,700,215 | $1,720,086 |
| Qualifying Distributions | $1,329,442 | $1,250,549 | $1,275,663 |
| Net Investment Income | $566,626 | $414,485 | $515,379 |
| Distributable Amount | $861,297 | $810,185 | $866,158 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 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 See Attached ($1,283,612).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED PALOS HEIGHTS, IL | GENERAL | $1,283,612 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY M OWENS | PRES SEC DIR | 5 | — |
| THOMAS M OWENS JR | DIRECTOR | 5 | — |
| JULIE OWENS BURNS | DIRECTOR | 35 | $130,000 |
| SHARON OWENS | DIRECTOR | 10 | $30,000 |
| KATIE M MULCAHY | DIRECTOR | 20 | $74,167 |
Frequently Asked Questions
How large is Thomas M and Mary M Owens Foundation?
As of 2024, Thomas M and Mary M Owens Foundation holds $14.3M in total assets with $1.0M in annual revenue. It awarded 1 grants totaling $1.3M in 2024.
Where does Thomas M and Mary M Owens Foundation operate?
Thomas M and Mary M Owens Foundation has awarded grants in Illinois.
What size grants does Thomas M and Mary M Owens Foundation award?
In 2024, Thomas M and Mary M Owens Foundation awarded 1 grants totaling $1.3M — an average of about $1.3M per grant, based on its IRS Form 990 filings.
How much is Thomas M and Mary M Owens Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Thomas M and Mary M Owens Foundation reported a distributable amount of $861K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Thomas M and Mary M Owens Foundation's EIN?
Thomas M and Mary M Owens Foundation's EIN (Employer Identification Number) is 36-3429160. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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