Faye L. And William L. Cowden Charitable Foundation Grant

The Faye L. and William L. Cowden Charitable Foundation, established in 1988, aims to support various charitable purposes, particularly for children. Following the founders' deaths, the foundation continues to provide grants to 501(c)(3) organizations that focus on health care, education, and the welfare of children and animals, as well as environmental preservation. With a commitment to impactful giving, it ensures that financial assistance is directed towards qualified organizations in Texas.

William L. and Faye L. Cowden established the Faye L. &
William L. Cowden Charitable Foundation in 1988, to help as many people
as possible, with an emphasis on children.  After Mr. Cowden’s death
in 1989 Mrs. Cowden continued to make charitable donations to
qualifying organizations.  The foundation was fully funded after Mrs.
Cowden’s death in 2003.
Grants are directed to 501(c)(3) organizations which fall within the principal charitable purposes of the foundation as outlined below.
This trust is created and shall be operated exclusively for charitable, educational, scientific and religious purposes. Without limiting the generality of the foregoing, the principal purpose of this trust is to provide financial assistance, to be used in the State of Texas, to Qualified Organizations which direct their activities toward one or more of the following charitable purposes:
The health, medical care and treatment and rehabilitation of children, including related medical research.The education of children and young adults, and the provision of special educational opportunities for young persons otherwise unable to afford them.The prevention of cruelty to children or animals.The protection and preservation of wildlife and natural areas.

Eligibility

Distributions shall be made only to organizations which at the time
of distribution are described in Sections 170(c)(2), 2055(a)(2) and
2522(a)(2) of Internal Revenue Code and are entitled to exemption from
federal income tax.