Touma Foundation Inc

Private foundation · Grantmaker Huntington, WV EIN: 55-0718768

Touma Foundation Inc is a private foundation based in Huntington, West Virginia. Its 2024 filing reports grants to organizations in West Virginia, Washington, DC, New York, and other states.

Touma Foundation Inc at a glance

In short: Touma Foundation Inc gave $50K across 16 grants in 2024 (avg $3K), mostly in West Virginia. 19% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$50,100
-17.2% vs 2023
Grants made (2024)
16
+6.7% vs 2023
Average grant
$3,131
-22.4% vs 2023
Median grant
$1,500
Total assets
$907,974
-0.1% vs 2023
New grantees (estimate)
19% first-time grantees (3 of 16, 2024; small sample)
Primary geography
West Virginia (75% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Touma Foundation Inc

Accepts unsolicited proposals
Yes
How to Apply

The foundation accepts unsolicited requests. Its filing lists Joseph B Touma MD as the contact, says there is no prescribed format for applications or materials, and states there are no restrictions on awards.

Contact

Application contact: Joseph B Touma Md Director
Mailing address: 911 3Rd Avenue Suite 210, Huntington, WV 25701
Phone: (304) 522-8800

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Touma Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Marshall University Foundation: $18KMarshall University Foundation$18KCoalition for the Homeless: $5KCoalition for the Homeless$5KHuntington Museum of Art: $5KHuntington Museum of Art$5KUnited Way: $5KUnited Way$5KWING2WING Foundation: $5KWING2WING Foundation$5KStudio Theater: $3KStudio Theater$3KFamily Medicine Foundation of WV: $2KFamily Medicine Foundation ofWV$2KCabell Huntington Hospital Foundation: $2KCabell Huntington HospitalFoundation$2KNational Cathedral School: $2KNational Cathedral School$2KNational Homelessness Law Center: $1KNational Homelessness LawCenter$1K

The largest 2024 recipient was Marshall University Foundation ($18K). Together the top 10 received $47K.

Grant Size Distribution

65 grants across all recorded years

65<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 65 grants of 65 (100%).

Geographic Focus

Where this funder awards grants

In 2024, 75% of grant dollars went to recipients in West Virginia, 12% to recipients in Washington, DC, 11% to recipients in New York, and 1% each to recipients in Virginia and Connecticut.

Grant Distribution by State

7states

Share of 2024 grant dollars across all 16 itemized grants.

Cities

HuntingtonWashingtonBarboursvilleMcleanBrooklynFairfieldMemphisRansonAlexandriaCharlottesvilleNaplesNew York

Is Touma Foundation Inc open to new grantees?

19%

first-time grantees, 2024

In 2024, 3 of 16 grantees (19%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $2K; repeat grants $3K. How we count

Medians: $600 first-time, $2K repeat.

  • 69% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+12%). Method
  • In 2024 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K10 grants2020 10 grants2021 14 grants2022 15 grants2023 16 grants2024

From 2020 to 2024, annual grant giving ranged from $45K (2021) to $67K (2022). In 2024 it made 16 grants totaling $50K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Marshall University Foundation Huntington, WVFor Donee's General Purpose$18,000
Coalition for the Homeless New York, NYFor Donee's General Purpose$5,000
Huntington Museum of Art Huntington, WVFor Donee's General Purpose$5,000
United Way Huntington, WVFor Donee's General Purpose$5,000
WING2WING Foundation Huntington, WVFor Donee's General Purpose$5,000
Studio Theater Washington, DCFor Donee's General Purpose$2,500
Family Medicine Foundation of WV Barboursville, WVFor Donee's General Purpose$2,000
Cabell Huntington Hospital Foundation Huntington, WVFor Donee's General Purpose$1,500
National Cathedral School Washington, DCFor Donee's General Purpose$1,500
National Homelessness Law Center Washington, DCFor Donee's General Purpose$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$907,974$60,007$61,231$50,10016$50,100$52,404$51,019
2023$909,198$5,903$70,767$60,50015$60,500$16,951$47,668
2022$974,062$-10,307$83,027$67,00014$67,000$16,016$50,431
2021$1,067,396$163,085$50,604$44,80010$44,800$157,216$55,188
2020$954,915$206,761$55,020$47,50010—$47,922$42,503

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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included support for organizations whose stated missions span higher education, arts and culture, homelessness services, health care, and local government support. For example, Marshall University Foundation says it supports Marshall University by receiving, investing, and administering private resources. Huntington Museum of Art says it serves the public as a museum and cultural center and advocates for arts, education, and nature. The Coalition for the Homeless describes itself as an advocacy and direct-service organization helping homeless individuals and families.

Grantmaking

In 2024, the foundation made 16 grants totaling $50,100. Grant amounts ranged from $500 to $18,000, with a median grant of $1,500. Its largest grants included $18,000 to Marshall University Foundation, and $5,000 each to Coalition for the Homeless, Huntington Museum of Art, United Way of Huntington, and Wing2Wing Foundation.

Other reported 2024 grants included $2,000 to Family Medicine Foundation of WV, $1,500 to Cabell Huntington Hospital Foundation, $1,500 to National Cathedral School, and $1,000 each to National Homelessness Law Center and St Patrick’s Episcopal Day School. The filing lists the grants’ purpose as “for donee’s general purpose.”

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Joseph B Touma MD and Omayma T Touma MD as directors.

Touma Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Joseph B. Touma MD

    Director

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Omayma T. Touma MD

    Director

    On filings since 2020

    3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Touma Foundation Inc

How much does Touma Foundation Inc give each year?

Touma Foundation Inc gave $50K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $61K across 15 grants.

What is Touma Foundation Inc's typical grant size?

Touma Foundation Inc's median grant in 2024 was $1,500, and its average grant was $3,131, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Touma Foundation Inc that year got $2K on average.

Where does Touma Foundation Inc give grants?

Touma Foundation Inc gives mostly in West Virginia: 75% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (12%) and New York (11%). The most frequent recipient cities were Huntington, WV (7 grants) and Washington, DC (4 grants).

Does Touma Foundation Inc give general operating support?

Yes: 100% of Touma Foundation Inc's 2024 grants with a stated purpose (16 of 16) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Touma Foundation Inc's largest grantees?

Touma Foundation Inc's largest 2024 grantees include Marshall University Foundation ($18,000), Coalition for the Homeless ($5,000) and Huntington Museum of Art ($5,000), according to its 2024 IRS Form 990-PF. Together they received 56% of its itemized 2024 grant dollars.

How large is Touma Foundation Inc?

Touma Foundation Inc reported $908K in total assets on its 2024 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Touma Foundation Inc fund?

No mission statement for the foundation is provided. Its 2024 grants included support for organizations whose stated missions span higher education, arts and culture, homelessness services, health care, and local government support. See mission & focus areas ↑

How do I apply for a grant from Touma Foundation Inc?

The foundation accepts unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

Does Touma Foundation Inc accept unsolicited proposals?

Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Philanthropy, Voluntarism & Grantmaking

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Cite this profile

Grantable. (2026). Touma Foundation Inc funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/touma-foundation-inc-morg_5e25a8864815459bbd89352a4d56718d

BibTeX
@misc{grantable_550718768_2026,
  author       = {{Grantable}},
  title        = {{Touma Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/touma-foundation-inc-morg_5e25a8864815459bbd89352a4d56718d},
  note         = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Touma Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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