Towe Foundation
Towe Foundation is a private foundation, based in Lakeway, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $162K in total assets. In 2025, it awarded 8 grants totaling $8K. Net investment income was $12K.
Towe Foundation at a glance
In short: Towe Foundation gave $8K across 8 grants in 2025 (avg $999.375), top state Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $7,995
- +131.7% vs 2024
- Grants made (2025)
- 8
- +33.3% vs 2024
- Average grant
- $999
- +73.8% vs 2024
- Median grant
- $923
- Total assets
- $162,146
- +8.6% vs 2024
- Primary geography
- Ohio (34% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Towe Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Mount Marty University ($2K). Together the top 8 received $8K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 22 grants of 22 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Towe Foundation gives
- Giving grew 256% from 2022 to 2025. Method
- In 2025 it paid out 67% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2020 to 2025, annual grant giving ranged from $2K (2020) to $8K (2025). In 2025 it made 8 grants totaling $8K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Marty University Yankton, SD | Margie Jensen and Norma Jensen Skogen Scholarship Fund | $1,960 |
| Olney Friends School Barnesville, OH | General Use | $1,400 |
| Flying Horse Farms Mount Gilead, OH | General Use | $1,350 |
| Cure JM Encinitas, CA | General Use | $1,220 |
| Wheels for Winners Madison, WI | General Use | $625 |
| Our Montana Inc Billings, MT | General Purpose | $600 |
| Montana State Parks Foundation Gallantine Gateway, MT | General Use | $575 |
| Breast Cancer Prevention Partners San Francisco, CA | General Purpose | $265 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $162,146 | $12,990 | $10,713 | $7,995 | 8 | $9,713 | $11,990 | $14,558 |
| 2024 | $149,370 | $10,026 | $6,027 | $3,450 | 6 | $5,027 | $9,026 | $13,018 |
| 2023 | $144,371 | $39,346 | $6,991 | $5,250 | 2 | $6,241 | $3,596 | $9,639 |
| 2022 | $105,516 | $4,450 | $4,061 | $2,245 | 3 | $3,311 | $3,700 | $8,501 |
| 2021 | $101,128 | $9,761 | $7,489 | $5,766 | 3 | $6,739 | $9,011 | $8,984 |
| 2020 | $91,356 | $5,628 | $4,332 | $1,743 | 3 | — | $5,628 | $7,508 |
Under IRS private-foundation payout rules, Towe Foundation reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Towe Foundation is led by Tami Jensen, President since 2022 (on filings since 2020); 2 of 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
Tami Jensen
President
Vice President → President, 2022
On filings since 2020
1 hr/week
$2K (2020) → $1K (2025)
Holly McClelland
Vice President
On filings since 2022
0.8 hrs/week
$500 (2022) → $1K (2025)
Dani Roessler
Secretary
On filings since 2022
0.1 hrs/week
No compensation reported
Former officers (2)
- Former: Andrew Hartley (2020–2021) — Secretary
- Former: Karen T James (2020–2021) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $1K, to Tami Jensen (President). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Towe Foundation
How much does Towe Foundation give each year?
Towe Foundation gave $8K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 6 grants.
What is Towe Foundation's typical grant size?
Towe Foundation's median grant in 2025 was $923, and its average grant was $999, across 8 grants on its 2025 IRS Form 990-PF.
Where does Towe Foundation give grants?
Towe Foundation's top state is Ohio, with 34% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were South Dakota (25%) and California (19%).
Does Towe Foundation give general operating support?
Yes: 88% of Towe Foundation's 2025 grants with a stated purpose (7 of 8) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Towe Foundation's largest grantees?
Towe Foundation's largest 2025 grantees include Mount Marty University ($1,960), Olney Friends School ($1,400) and Flying Horse Farms ($1,350), according to its 2025 IRS Form 990-PF. Together they received 59% of its itemized 2025 grant dollars.
How large is Towe Foundation?
Towe Foundation reported $162K in total assets on its 2025 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $15K (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 is Towe Foundation's EIN?
Towe Foundation's EIN (Employer Identification Number) is 81-6014378. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 19, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 25, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 24, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 24, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 13, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
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