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Denman Foundation is a private corporation based in SPICEWOOD, TX. The foundation received its IRS ruling in 1997. The principal officer is Ernestine N Palmer Pres. It holds total assets of $1.6M. Annual income is reported at $110K. Total assets have decreased from $2.4M in 2011 to $1.7M in 2023. The foundation is governed by 2 officers and trustees. Bee creek united methodist church. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Texas, Tennessee and Florida. According to available records, Denman Foundation has made 61 grants totaling $700K, with a median grant of $10K. The foundation has distributed between $135K and $280K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $280K distributed across 26 grants. Individual grants have ranged from $3K to $25K, with an average award of $11K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Texas, Florida, Tennessee, which account for 92% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$12K
Largest Grant
$25K
Based on 11 grants from the most recent 990-PF filing.
Bee creek united methodist church
Expenses: $25K
The mosaic center, inc.
Expenses: $15K
The world our parish
Expenses: $15K
Texas children's hospital
Expenses: $15K
Bee creek united methodist church. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in TX, FL, TN.
Denman Foundation has distributed a total of $700K across 61 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $3K to $25K.
Denman Foundation typically selects its grantees rather than accepting unsolicited proposals.
Denman Foundation is headquartered in SPICEWOOD, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald O Palmer | DIRECTOR | $0 | $0 | N/A |
| Ernestine N Palmer | DIRECTOR | $0 | $0 | N/A |
Total Giving
$154K
Total Assets
$1.7M
Fair Market Value
$2.8M
Net Worth
$1.6M
Grants Paid
$150K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
$141K
Total: $1.5M
Total Grants
61
Total Giving
$700K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
14
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Mosaic Center IncSUPPORT PROGRAM | Lufkin, TX | $25K | 2023 |
| Bee Creek United Methodist ChurchBUILDING FUND | Spicewood, TX | $25K | 2023 |
| The World Our ParishGIFT FOR THE MINISTRY | Wilmore, KY | $15K | 2023 |
| Everglades FoundationSUPPORT PROGRAM | Palmetto Bay, FL | $10K | 2023 |
| Helping Hand Crisis MinistryGIFT FOR THE MINISTRY | Spicewood, TX | $10K | 2023 |
| Texas Children'S HospitalSUPPORT RESEARCH | Houston, TX | $10K | 2023 |
| Boys & Girls Club Of LufkinAFTER SCHOOL PROGRAM | Lufkin, TX | $10K | 2023 |
| Boys & Girls Club Of MorristownCHILDREN'S ACTIVITIES | Morristown, TN | $10K | 2023 |
| Coral Restoration FoundationSUPPORT PROGRAM | Tavernier, FL | $10K | 2023 |
| Girls Inc Morristown HambleCHILDREN'S ACTIVITIES | Morristown, TN | $10K | 2023 |
| Pedernales Fire Department AuxiliarSUPPORT PROGRAM | Spicewood, TX | $5K | 2023 |
| Boys & Girls Club Of BanderaSUPPORT ACTIVITY | Bandera, TX | $5K | 2023 |
| Utopia Volunteer Fire DepartmentSUPPORT PROGRAM | Utopia, TX | $5K | 2023 |