Torras Lombana Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 7 grants totaling $872K. Net investment income was $138K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
-17.5% YoY
Annual Giving
$872K
Grant Count
7
Avg Grant Size
$125K
Under IRS private-foundation payout rules, Torras Lombana Foundation Inc reported a distributable amount of $176K for 2024 — the minimum it must pay out in qualifying distributions.
About Torras Lombana Foundation Inc
Based on IRS filings
Torras Lombana Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 7 grants totaling $872K. Net investment income was $138K.
Focus Areas
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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 |
|---|---|---|
| Total Assets | $3,300,679 | $4,000,000 |
| Revenue | $237,608 | $4,000,000 |
| Expenses | $926,130 | $2,500 |
| Qualifying Distributions | $888,049 | $1,250 |
| Net Investment Income | $137,594 | — |
| Distributable Amount | $176,287 | $17,811 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Aretian Urban Analytics and Design ($609,249), The Genuine Foundation ($100,000), Magnolia School ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Barcelona Global | TO ASSIST THE ORGANIZATION IN ITS CHARITABLE PURPOSE. | $38,067 |
| Aretian Urban Analytics and Design Cambridge, MA | The purpose of the grant is to allow Aretian to develop a fully inclusive digital tool for the Metropolitan area of Barcelona. It offers an advanced, integrative, and interactive platform that supports urban planning, economic development, and innovation. With a virtual model of their city, Catalan stakeholders can simulate, analyze, and optimize urban systems, while enhancing decision-making and fostering sustainable growth. | $609,249 |
| Magnolia School Houston, TX | TO ASSIST THE ORGANIZATION IN ITS CHARITABLE PURPOSE. | $50,000 |
| The Genuine Foundation Houston, TX | TO ASSIST THE ORGANIZATION IN ITS CHARITABLE PURPOSE. | $100,000 |
| Association of Culture Houston, TX | TO ASSIST THE ORGANIZATION IN ITS CHARITABLE PURPOSE. | $50,000 |
| Dynamo and Dash Charities Houston, TX | TO ASSIST THE ORGANIZATION IN ITS CHARITABLE PURPOSE. | $5,000 |
| The Museum of Fine Arts Houston, TX | TO ASSIST THE ORGANIZATION IN ITS CHARITABLE PURPOSE. | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| IGNACIO TORRAS | PRESIDENT/DIRECTOR | 0.5 | — |
| MARIA ISABEL TORRAS | DIRECTOR/SECRETARY | 0.5 | — |
| JOSE LUIS TORRAS | DIRECTOR/TRESURER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Torras Lombana Foundation Inc?
Torras Lombana Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $3.3M in total assets as of 2024.
How large is Torras Lombana Foundation Inc?
As of 2024, Torras Lombana Foundation Inc holds $3.3M in total assets with $238K in annual revenue. It awarded 7 grants totaling $872K in 2024.
Where does Torras Lombana Foundation Inc operate?
Torras Lombana Foundation Inc has awarded grants in Massachusetts, Texas.
What size grants does Torras Lombana Foundation Inc award?
In 2024, Torras Lombana Foundation Inc awarded 7 grants totaling $872K — an average of about $125K per grant, based on its IRS Form 990 filings.
How much is Torras Lombana Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Torras Lombana Foundation Inc reported a distributable amount of $176K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Torras Lombana Foundation Inc's EIN?
Torras Lombana Foundation Inc's EIN (Employer Identification Number) is 93-4613075. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Torras Lombana Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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