Tom Joyner Foundation Inc logo

Tom Joyner Foundation Inc

DALLAS, TX EIN: 75-2730557 Website

The Tom Joyner Foundation provides programming that affords diverse academic opportunities to students wanting and/or attending HBCUs regardless of social or economic status. The foundation remains focused on ensuring the future of Historically Black Colleges and Universities through customized capacity building programs and partnerships with corporations that award scholarships to selected students.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.1M

-19.0% YoY

Annual Giving

$377K

-38.1% YoY

Grant Count

17

+88.9% YoY

Avg Grant Size

$22K

-67.3% YoY

About Tom Joyner Foundation Inc

Based on IRS filings

Tom Joyner Foundation Inc is a nonprofit organization focused on Education, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.1M in total assets. In 2024, it awarded 17 grants totaling $377K. Net investment income was $64K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

21states
+13 more states

Cities

AlbanyAtlantaAugustaAustinBaltimoreBaton RougeBluefieldBowieCharlotteCharlotte AmaCheyneyColumbiaDallasDaytonDaytona BeachDenmarkDoverDurhamElizabeth CityFairfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$415K$831K$1M$2M20202021202220232024
Metric202420232022
Total Assets$6,055,793$7,476,302$8,539,724
Revenue$846,422$1,510,111$87,304
Expenses$662,104$898,347$447,605
Qualifying Distributions
Net Investment Income$64,181$10,690$-29,026
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$152K$305K$457K$609K12 grants202083 grants20218 grants20229 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HOWARD UNIVERSITY$57KNORTH CAROLINA CENTRAL U…$57KELIZABETH CITY STATE UNI…$52KBALTIMORE SPORTS TOURDEV…$25KNORTH CAROLINA A&T STATE…$25KNATL MUSEUM OF AFAMCULTURE$25KTUSKEGEE UNIVERSITY$24KBENNETT COLLEGE$20KTEXAS SOUTHERN UNIVERSITY$20KJOHNSON C SMITH UNIVERSITY$15K

Grant Size Distribution

96 grants across all recorded years

84<$50K7$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KATHLEEN PARSONSCFO/TREASURER$137K

From 2024 filing

NameTitleHoursCompensation
THOMAS JOYNERPRESIDENT/CEO2
ROYCE WESTSECRETARY0.3
JULIA ATHERTONDIRECTOR0.3
THOMAS KALAHARDIRECTOR0.3
REGINALD WEAVERDIRECTOR0.3
ALLISON JOYNERDIRECTOR0.3
KATHLEEN PARSONSCFO/TREASURER40$136,796

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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