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Florence Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1959. The principal officer is Ncnb-Texas Ttee. It holds total assets of $1.8M. Annual income is reported at $1.1M. Total assets have decreased from $1.9M in 2010 to $1M in 2022. The foundation is governed by 9 officers and trustees. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Texas and Hawaii. According to available records, Florence Foundation has made 128 grants totaling $1M, with a median grant of $5K. Annual giving has grown from $224K in 2020 to $604K in 2022. Individual grants have ranged from $500 to $108K, with an average award of $8K. The foundation has supported 76 unique organizations. The foundation primarily supports organizations in Texas, Hawaii, Virginia, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$10K
Largest Grant
$108K
Based on 31 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.
Florence Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 128 grants. Its grantmaking reaches organizations primarily in TX, HI, VA.
Florence Foundation has distributed a total of $1M across 128 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $500 to $108K.
The application deadline is PRIOR TO AUGUST 1 FOR THE ANNUAL FALL MEETING. Restricted to exempt purposes as described in irc section 501(c)(3) with geographic preference to benefit the residents of the state of texas; the foundation does not grant loans or scholarships.
Florence Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $30K | $0 | $30K |
| Paul W Harris | FDN BOARD | $0 | $0 | N/A |
| Corinne Aronhalt | FDN BOARD | $0 | $0 | N/A |
| Katherine L Florence | FDN BOARD | $0 | $0 | N/A |
| Terry G Prichett | FDN BOARD | $0 | $0 | N/A |
| Katie Robbins | FDN BOARD | $0 | $0 | N/A |
| Denise A Wickline | CHAIRMAN | $0 | $0 | N/A |
| Sharon Florence Mccandless | FDN BOARD | $0 | $0 | N/A |
| Sandra C Florence | FDN BOARD | $0 | $0 | N/A |
Total Giving
$388K
Total Assets
$1M
Fair Market Value
$2.3M
Net Worth
$1M
Grants Paid
$339K
Contributions
N/A
Net Investment Income
$125K
Distribution Amount
$123K
Total: $982K
Total Grants
128
Total Giving
$1M
Average Grant
$8K
Median Grant
$5K
Unique Recipients
76
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Southwestern Medical FoundationBIOINFORMATION CENTER FOR | Dallas, TX | $108K | 2022 |
| Fair Park First Community Park40 YR PROMISE FOR | Dallas, TX | $50K | 2022 |
| Maui Memorial Medical CenterMOBILE CLOUD BASED PLATFORM | Wailuku, HI | $17K | 2022 |
| Juliette Fowler Communities IncSUPPORT YOUTH RESCUED FROM | Dallas, TX | $10K | 2022 |
| Metro Dallas Homeless AllianceSUPPORT FOR MDHA FLEX FUND | Dallas, TX | $10K | 2022 |
| New Friends New LifePROGRAM FOR SURVIVORS OF | Dallas, TX | $10K | 2022 |
| North Texas Food BankUNRESTRICTED GENERAL | Dallas, TX | $10K | 2022 |
| Young Women'S Preparatory NetworkSUPPORT TO AND THROUGH | Dallas, TX | $10K | 2022 |
| At&T Performing Arts CenterUNRESTRICTED GENERAL | Dallas, TX | $5K | 2022 |
| Educational First StepsFOUR STEPS TO EXCELLENCE | Dallas, TX | $5K | 2022 |
| Association For IndependentCAPITAL IMPROVEMENTS FOR | Dallas, TX | $5K | 2022 |
| Youth Believing In Change IncACADEMIC TUTORING FOR LOW | Dallas, TX | $5K | 2022 |
| Dallas Leadership FoundationWORKFORCE DEVELOPMENT | Dallas, TX | $5K | 2022 |
| For OakcliffBUILDING SOCIAL MOBILITY | Dallas, TX | $5K | 2022 |
| Abide Women'S Health ServicesUNRESTRICTED GENERAL | Dallas, TX | $5K | 2022 |
| Vets Veterans Exploring TreatmentUNRESTRICTED GENERAL | Southlake, TX | $5K | 2022 |
| Trinity Restoration MinistriesSUPPORT FOR FACILITIES | Dallas, TX | $5K | 2022 |
| Allen Community OutreachGED PROGRAM FOR LOW INCOME | Allen, TX | $5K | 2022 |
| Baylor Oral Health FoundationTEXAS A&M DENTAL CLINIC FOR | Dallas, TX | $5K | 2022 |
| Hui No'Eau Visual Arts CenterCAPACITY BLDG GREATER | Makawao, HI | $4K | 2022 |
| Mane GaitANNUAL CARE FOR THERAPY | Mckinney, TX | $3K | 2022 |
| Parkland FoundationUNRESTRICTED GENERAL | Dallas, TX | $3K | 2022 |
| Grace Bridge Master Cares FoundationCELINA FOOD BANK BOXES | Frisco, TX | $2K | 2022 |
| The Merwin ConservancyHOUSE RESTORATION & | Haiku, HI | $2K | 2022 |
| Cornerstone Ranch MinistriesUNRESTRICTED GENERAL | Mc Kinney, TX | $2K | 2022 |