Tr U-w Albert F Patton

DALLAS, TX EIN: 54-6033518

Education Higher education Graduate and professional education Religion Christianity

Tr U-w Albert F Patton is a private foundation focused on Education, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.5M in total assets. In 2024, it awarded 5 grants totaling $612K. Net investment income was $1.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.5M

+3.4% YoY

Annual Giving

$612K

+9.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$122K

+9.7% YoY

Under IRS private-foundation payout rules, Tr U-w Albert F Patton reported a distributable amount of $621K for 2024 — the minimum it must pay out in qualifying distributions.

About Tr U-w Albert F Patton

Based on IRS filings

Focus Areas

Education Higher education Graduate and professional education Religion Christianity

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $3.1M (100%)

States

Virginia

Cities

DanvilleHampden SydneyHarrisonburgHmpden SydneyRichmond

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$10,534,832	$10,192,974	$10,537,855
Revenue	$1,090,858	$308,001	$-307,003
Expenses	$763,450	$677,855	$851,681
Qualifying Distributions	$664,860	$604,248	$766,033
Net Investment Income	$1,051,380	$218,934	$131,426
Distributable Amount	$620,949	$573,248	$606,970

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hampden-sydney College ($222,724), Sunnyside Presbyterian Home ($167,043), Union Theological Seminary ($111,362).

Recipient	Purpose	Amount
PRESBYTERIAN SCHOOL CHRISTIAN EDUCATION RICHMOND, VA	UNRESTRICTED GENERAL	$55,680
HAMPDEN-SYDNEY COLLEGE HAMPDEN SYDNEY, VA	UNRESTRICTED GENERAL	$222,724
UNION THEOLOGICAL SEMINARY RICHMOND, VA	UNRESTRICTED GENERAL	$111,362
FIRST PRESBYTERIAN CHURCH DANVILLE, VA	UNRESTRICTED GENERAL	$55,680
SUNNYSIDE PRESBYTERIAN HOME HARRISONBURG, VA	UNRESTRICTED GENERAL	$167,043

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$113,178

Subject Areas

Focus areas based on grantmaking activity

Education Higher education Graduate and professional education Religion Christianity

Frequently Asked Questions

What is Tr U-w Albert F Patton?

Tr U-w Albert F Patton is a private foundation focused on Education, based in DALLAS, TX. It holds $10.5M in total assets as of 2024.

How large is Tr U-w Albert F Patton?

As of 2024, Tr U-w Albert F Patton holds $10.5M in total assets with $1.1M in annual revenue. It awarded 5 grants totaling $612K in 2024.

Where does Tr U-w Albert F Patton operate?

Tr U-w Albert F Patton has awarded grants in Virginia.

What size grants does Tr U-w Albert F Patton award?

In 2024, Tr U-w Albert F Patton awarded 5 grants totaling $612K — an average of about $122K per grant, based on its IRS Form 990 filings.

How much is Tr U-w Albert F Patton required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tr U-w Albert F Patton reported a distributable amount of $621K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.