Towe Foundation
Towe Foundation is a private foundation, based in LAKEWAY, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $149K in total assets. In 2024, it awarded 6 grants totaling $3K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$149K
+3.5% YoY
Annual Giving
$3K
-34.3% YoY
Grant Count
6
+200.0% YoY
Avg Grant Size
$575
-78.1% YoY
Under IRS private-foundation payout rules, Towe Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About Towe Foundation
Based on IRS filings
Towe Foundation is a private foundation, based in LAKEWAY, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $149K in total assets. In 2024, it awarded 6 grants totaling $3K. Net investment income was $9K.
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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 | $149,370 | $144,371 | $105,516 |
| Revenue | $10,026 | $39,346 | $4,450 |
| Expenses | $6,027 | $6,991 | $4,061 |
| Qualifying Distributions | $5,027 | $6,241 | $3,311 |
| Net Investment Income | $9,026 | $3,596 | $3,700 |
| Distributable Amount | $13,018 | $9,639 | $8,501 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cure JM ($925), Mount Marty University ($900), Olney Friends School ($775).
| Recipient | Purpose | Amount |
|---|---|---|
| Olney Friends School Barnesville, OH | General Use | $775 |
| Mount Marty University Yankton, SD | Margie Jensen and Norma Jensen Skogen Scholarship Fund | $900 |
| Cure JM Encinitas, CA | General Use | $925 |
| Wheels for Winners Madison, WI | General Use | $325 |
| Quest Rescue Wichita Falls, TX | General Use | $75 |
| Montana State Parks Foundation Gallantine Gateway, MT | General Use | $450 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Tami Jensen | President | 1 | $1,000 |
| Holly McClelland | Vice President | 0.5 | $1,000 |
| Dani Roessler | Secretary | 0.1 | — |
Frequently Asked Questions
How large is Towe Foundation?
As of 2024, Towe Foundation holds $149K in total assets with $10K in annual revenue. It awarded 6 grants totaling $3K in 2024.
Where does Towe Foundation operate?
Towe Foundation has awarded grants in California, Montana, Ohio, South Dakota, Texas, Virginia, Wisconsin.
What size grants does Towe Foundation award?
In 2024, Towe Foundation awarded 6 grants totaling $3K — an average of about $575 per grant, based on its IRS Form 990 filings.
How much is Towe Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Towe Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Towe Foundation'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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