Touma Foundation Inc
Touma Foundation Inc is a private foundation, based in HUNTINGTON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $908K in total assets. In 2024, it awarded 16 grants totaling $50K. Net investment income was $52K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$908K
-0.1% YoY
Annual Giving
$50K
-17.2% YoY
Grant Count
16
+6.7% YoY
Avg Grant Size
$3K
-22.4% YoY
Under IRS private-foundation payout rules, Touma Foundation Inc reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.
About Touma Foundation Inc
Based on IRS filings
Touma Foundation Inc is a private foundation, based in HUNTINGTON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $908K in total assets. In 2024, it awarded 16 grants totaling $50K. Net investment income was $52K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $907,974 | $909,198 | $974,062 |
| Revenue | $60,007 | $5,903 | $-10,307 |
| Expenses | $61,231 | $70,767 | $83,027 |
| Qualifying Distributions | $50,100 | $60,500 | $67,000 |
| Net Investment Income | $52,404 | $16,951 | $16,016 |
| Distributable Amount | $51,019 | $47,668 | $50,431 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Marshall University Foundation ($18,000), Coalition for the Homeless ($5,000), Huntington Museum of Art ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CABELL HUNTINGTON HOSPITAL FOUNDATION HUNTINGTON, WV | FOR DONEE'S GENERAL PURPOSE | $1,500 |
| CITY OF HUNTINGTON FOUNDATION HUNTINGTON, WV | FOR DONEE'S GENERAL PURPOSE | $600 |
| COALITION FOR THE HOMELESS NEW YORK, NY | FOR DONEE'S GENERAL PURPOSE | $5,000 |
| FAMILY MEDICINE FOUNDATION OF WV BARBOURSVILLE, WV | FOR DONEE'S GENERAL PURPOSE | $2,000 |
| HOSPICE OF HUNTINGTON HUNTINGTON, WV | FOR DONEE'S GENERAL PURPOSE | $500 |
| HUNTINGTON MUSEUM OF ART HUNTINGTON, WV | FOR DONEE'S GENERAL PURPOSE | $5,000 |
| LOVELAND FOUNDATION BROOKLYN, NY | FOR DONEE'S GENERAL PURPOSE | $500 |
| MADERIA FOUNDATION MCLEAN, VA | FOR DONEE'S GENERAL PURPOSE | $500 |
| MARSHALL UNIVERSITY FOUNDATION HUNTINGTON, WV | FOR DONEE'S GENERAL PURPOSE | $18,000 |
| NATIONAL CATHEDRAL SCHOOL WASHINGTON, DC | FOR DONEE'S GENERAL PURPOSE | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH B TOUMA MD | DIRECTOR | 3 | — |
| OMAYMA T TOUMA MD | DIRECTOR | 3 | — |
Frequently Asked Questions
How large is Touma Foundation Inc?
As of 2024, Touma Foundation Inc holds $908K in total assets with $60K in annual revenue. It awarded 16 grants totaling $50K in 2024.
Where does Touma Foundation Inc operate?
Touma Foundation Inc has awarded grants in Connecticut, District of Columbia, Florida, New York, Tennessee, Virginia, West Virginia.
What size grants does Touma Foundation Inc award?
In 2024, Touma Foundation Inc awarded 16 grants totaling $50K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Touma Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Touma Foundation Inc reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Touma Foundation Inc's EIN?
Touma Foundation Inc's EIN (Employer Identification Number) is 55-0718768. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Touma 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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