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Combined Townsend Fund is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1974. The principal officer is Fleet National Bank. It holds total assets of $21.1M. Annual income is reported at $8M. Total assets have grown from $15.7M in 2011 to $20.7M in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Rhode Island. According to available records, Combined Townsend Fund has made 9 grants totaling $2.5M, with a median grant of $269K. Annual giving has grown from $736K in 2020 to $967K in 2022. Individual grants have ranged from $245K to $322K, with an average award of $279K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Rhode Island. Contributions to this foundation are tax-deductible.
Smallest Grant
$322K
Median Grant
$322K
Average Grant
$322K
Largest Grant
$322K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Combined Townsend Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in RI.
Combined Townsend Fund has distributed a total of $2.5M across 9 grants. The median grant size is $269K, with an average of $279K. Individual grants have ranged from $245K to $322K.
Combined Townsend Fund typically selects its grantees rather than accepting unsolicited proposals.
Combined Townsend Fund is headquartered in DALLAS, TX.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $141K | $0 | $141K |
Total Giving
$1.2M
Total Assets
$20.7M
Fair Market Value
$22.7M
Net Worth
$20.7M
Grants Paid
$1M
Contributions
N/A
Net Investment Income
$590K
Distribution Amount
$1.1M
Total: $19.3M
Total Grants
9
Total Giving
$2.5M
Average Grant
$279K
Median Grant
$269K
Unique Recipients
5
Most Common Grant
$269K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Women & Infants Hospital Of RiUNRESTRICTED GENERAL | Providence, RI | $322K | 2022 |
| Ri Hospital FoundationUNRESTRICTED GENERAL | Providence, RI | $322K | 2022 |
| St Joseph Health Services Of RiUNRESTRICTED GENERAL | N Providence, RI | $322K | 2022 |
| Women & Infants Hosp Of RiUNRESTRICTED GENERAL | Providence, RI | $245K | 2020 |
| R I Hospital FoundationUNRESTRICTED GENERAL | Providence, RI | $245K | 2020 |