Torras Lombana Foundation Inc
Torras Lombana Foundation Inc is a private foundation, 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.
Torras Lombana Foundation Inc at a glance
In short: Torras Lombana Foundation Inc gave $872K across 7 grants in 2024 (avg $125K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $872,316
- Grants made (2024)
- 7
- Average grant
- $124,617
- Median grant
- $50,000
- Total assets
- $3,300,679
- -17.5% vs 2023
- Primary geography
- Massachusetts (70% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Torras Lombana Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Aretian Urban Analytics and Design ($609K). Together the top 7 received $872K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 3 grants of 7 (43%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How Torras Lombana Foundation Inc gives
- In 2024 it paid out 504% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 7 grants totaling $872K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
| The Genuine Foundation Houston, TX | To Assist the Organization in Its Charitable Purpose. | $100,000 |
| Magnolia School Houston, TX | To Assist the Organization in Its Charitable Purpose. | $50,000 |
| Association of Culture Houston, TX | To Assist the Organization in Its Charitable Purpose. | $50,000 |
| Barcelona Global | To Assist the Organization in Its Charitable Purpose. | $38,067 |
| The Museum of Fine Arts Houston, TX | To Assist the Organization in Its Charitable Purpose. | $20,000 |
| Dynamo and Dash Charities Houston, TX | To Assist the Organization in Its Charitable Purpose. | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,300,679 | $237,608 | $926,130 | $872,316 | 7 | $888,049 | $137,594 | $176,287 |
| 2023 | $4,000,000 | $4,000,000 | $2,500 | — | — | $1,250 | — | $17,811 |
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.
Leadership & Key People
Officers and directors from IRS filings
Torras Lombana Foundation Inc is led by Ignacio Torras, President & Director on every filing since 2023; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ignacio Torras
President & Director
On filings since 2023
0.5 hrs/week
No compensation reported
Jose Luis Torras
Director & Tresurer
On filings since 2023
0.5 hrs/week
No compensation reported
Maria Isabel Torras
Director & Secretary
On filings since 2023
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Torras Lombana Foundation Inc
How much does Torras Lombana Foundation Inc give each year?
Torras Lombana Foundation Inc gave $872K across 7 grants in 2024, according to its 2024 IRS Form 990-PF.
What is Torras Lombana Foundation Inc's typical grant size?
Torras Lombana Foundation Inc's median grant in 2024 was $50,000, and its average grant was $124,617, across 7 grants on its 2024 IRS Form 990-PF.
Where does Torras Lombana Foundation Inc give grants?
Torras Lombana Foundation Inc gives mostly in Massachusetts: 70% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Texas (26%). The most frequent recipient cities were Houston, TX (5 grants).
Who are Torras Lombana Foundation Inc's largest grantees?
Torras Lombana Foundation Inc's largest 2024 grantees include Aretian Urban Analytics and Design ($609,249), The Genuine Foundation ($100,000) and Magnolia School ($50,000), according to its 2024 IRS Form 990-PF. Together they received 87% of its itemized 2024 grant dollars.
How large is Torras Lombana Foundation Inc?
Torras Lombana Foundation Inc reported $3.3M in total assets on its 2024 IRS Form 990-PF. It paid out $888K in qualifying distributions that year, against a required minimum of $176K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
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