Townes G Pressler Foundation

HOUSTON, TX EIN: 76-0694485

Townes G Pressler Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $60K in total assets. In 2024, it awarded 4 grants totaling $120K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$60K

-50.1% YoY

Annual Giving

$120K

+20.0% YoY

Grant Count

4

+300.0% YoY

Avg Grant Size

$30K

-70.0% YoY

Under IRS private-foundation payout rules, Townes G Pressler Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

About Townes G Pressler Foundation

Based on IRS filings

Townes G Pressler Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $60K in total assets. In 2024, it awarded 4 grants totaling $120K. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Houston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$33K$67K$100K$133K20202021202220232024
Metric202420232022
Total Assets$60,025$120,204$200,310
Revenue$2,309$21,445$3,743
Expenses$121,259$101,551$17,176
Qualifying Distributions$119,974$100,000$14,484
Net Investment Income$1,662$670
Distributable Amount$9,246$14,553$16,163

Giving Over Time

Total grant dollars and number of grants per year

$0$30K$60K$90K$120K0 grants20200 grants20211 grants20221 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

TEXAS CHILDRENS HOSPITAL$100KMEMORIAL PARK CONSERVANCY$10KTEXAS CHILDRENS HOSPITAL$5KTHE UNIVERSITY OF TEXAS …$5K

Grant Size Distribution

6 grants across all recorded years

4<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Texas Childrens Hospital ($99,974), Memorial Park Conservancy ($10,000), Texas Childrens Hospital ($5,000).

RecipientPurposeAmount
MEMORIAL PARK CONSERVANCY HOUSTON, TXGENERAL FUND$10,000
TEXAS CHILDRENS HOSPITAL HOUSTON, TXJAN AND DAN DUNCAN NEUROLOGICAL RESEARCH INSTITUTE$99,974
TEXAS CHILDRENS HOSPITAL HOUSTON, TXGLOBAL SURGERY & ANESTHESIOLOGY PROGRAM$5,000
THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER HOUSTON, TXGENERAL FUND$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TERRY P SMITHTRUSTEE0.25
TOWNES G PRESSLER JRTRUSTEE0.25
MOLLY P LAMMETRUSTEE0.25
TOWNES G PRESSLERTRUSTEE0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Townes G Pressler Foundation?

Townes G Pressler Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $60K in total assets as of 2024.

How large is Townes G Pressler Foundation?

As of 2024, Townes G Pressler Foundation holds $60K in total assets with $2K in annual revenue. It awarded 4 grants totaling $120K in 2024.

Where does Townes G Pressler Foundation operate?

Townes G Pressler Foundation has awarded grants in Texas.

What size grants does Townes G Pressler Foundation award?

In 2024, Townes G Pressler Foundation awarded 4 grants totaling $120K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is Townes G Pressler Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Townes G Pressler Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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