Townes G Pressler Foundation
Townes G Pressler Foundation is a private foundation, based in Houston, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $54K in total assets. In 2025, it awarded 1 grant totaling $5K. Net investment income was $494.
Key facts about Townes G Pressler Foundation
In short: Townes G Pressler Foundation gave $5K across 1 grant in 2025 (avg $5K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- EIN
- 76-0694485
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $5,000
- Grants made (2025)
- 1
- Average grant
- $5,000
- Median grant
- $5,000
- Total assets
- $53,769
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$54K
-10.4% YoY
Annual Giving
$5K
-95.8% YoY
Grant Count
1
-75.0% YoY
Avg Grant Size
$5K
-83.3% YoY
Under IRS private-foundation payout rules, Townes G Pressler Foundation reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.
How Townes G Pressler Foundation gives
- Giving fell 65% from 2022 to 2025. Method
- In 2025 it paid out 62% 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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $5K (2025) to $120K (2024). In 2025 it made 1 grant totaling $5K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Joe Finger Youth Benefit ($5K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 5 grants of 7 (71%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Joe Finger Youth Benefit Dhanis, TX | To Raise Funding to Support Local Youth Activities | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $53,769 | $60,025 | $120,204 |
| Revenue | $2,244 | $2,309 | $21,445 |
| Expenses | $8,500 | $121,259 | $101,551 |
| Qualifying Distributions | $5,000 | $119,974 | $100,000 |
| Net Investment Income | $494 | $1,662 | $670 |
| Distributable Amount | $8,018 | $9,246 | $14,553 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS February 26, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Townes G Pressler Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Molly P. Lamme
Trustee
On filings since 2019
0.3 hrs/week
No compensation reported
Terry P. Smith
Trustee
On filings since 2019
0.3 hrs/week
No compensation reported
Townes G. Pressler
Trustee
On filings since 2019
0.5 hrs/week
No compensation reported
Townes G. Pressler Jr.
Trustee
On filings since 2019
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Townes G Pressler Foundation
How much does Townes G Pressler Foundation give each year?
Townes G Pressler Foundation gave $5K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $120K across 4 grants.
How large is Townes G Pressler Foundation?
Townes G Pressler Foundation reported $54K in total assets on its 2025 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $8K (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.
Where does Townes G Pressler Foundation operate?
Townes G Pressler Foundation has awarded grants in Texas.
What is Townes G Pressler Foundation's EIN?
Townes G Pressler Foundation's EIN (Employer Identification Number) is 76-0694485. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Townes G Pressler Foundation by hand.
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