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Laverne And Thomas Howell Foundation is a private corporation based in CORP CHRISTI, TX. The foundation received its IRS ruling in 2003. The principal officer is Martin C Davis. It holds total assets of $14.4M. Annual income is reported at $5.7M. Total assets have grown from $9.9M in 2011 to $14M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Texas. According to available records, Laverne And Thomas Howell Foundation has made 61 grants totaling $2.3M, with a median grant of $17K. Annual giving has grown from $671K in 2020 to $1.6M in 2022. Individual grants have ranged from $3K to $410K, with an average award of $38K. The foundation has supported 28 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$15K
Average Grant
$32K
Largest Grant
$226K
Based on 21 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.
Laverne And Thomas Howell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in TX.
Laverne And Thomas Howell Foundation has distributed a total of $2.3M across 61 grants. The median grant size is $17K, with an average of $38K. Individual grants have ranged from $3K to $410K.
Laverne And Thomas Howell Foundation typically selects its grantees rather than accepting unsolicited proposals.
Laverne And Thomas Howell Foundation is headquartered in CORP CHRISTI, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Martin C Davis | MANAGING DIR | $58K | $0 | $58K |
| Christopher Davis | MANAGING DIR | $58K | $0 | $58K |
| Gary B Pearce | DIRECTOR | $8K | $0 | $8K |
Total Giving
$936K
Total Assets
$14M
Fair Market Value
$17.1M
Net Worth
$14M
Grants Paid
$732K
Contributions
N/A
Net Investment Income
$1.5M
Distribution Amount
$773K
Total: $13.7M
Total Grants
61
Total Giving
$2.3M
Average Grant
$38K
Median Grant
$17K
Unique Recipients
28
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyTEXAS RESEARCH FUND | Corpus Christi, TX | $30K | 2022 |
| First United Methodist Church Of CcOPERATING EXPENSES | Corpus Christi, TX | $410K | 2022 |
| Coastal Bend Community FoundationCOASTAL BEND DAY OF GIVING | Corpus Christi, TX | $50K | 2022 |
| Texas A&M Corpus ChristiSCHOLARSHIPS | Corpus Christi, TX | $40K | 2022 |
| Timon'S MinistriesOPERATING EXPENSES | Corpus Christi, TX | $39K | 2022 |
| Corpus Christi Metro MinistriesOPERATING EXPENSES | Corpus Christi, TX | $35K | 2022 |
| San Augustine First UnitedOPERATING EXPESES | San Augustine, TX | $35K | 2022 |
| Pregnancy Center Of Coastal BendOPERATING EXPENSES | Corpus Christi, TX | $25K | 2022 |
| St James Episcopal SchoolTUITION AID PROGRAM | Corpus Christi, TX | $25K | 2022 |
| Coastal Bend Food BankOPERATING EXPENSES | Corpus Christi, TX | $21K | 2022 |
| Corpus Christi Symphony OrchestraGENERAL SUPPORT | Corpus Christi, TX | $17K | 2022 |
| The First Methodist Children'S HomeGENERAL SUPPORT | Waco, TX | $15K | 2022 |
| Corpus Christi Hope House IncEMERGENCY SHELTER SUPPORT | Corpus Christi, TX | $15K | 2022 |
| Reach MinistriesOPERATING EXPENSES | Corpus Christi, TX | $15K | 2022 |
| South Texas Council Boy Scouts OfCAMP KARANKAWA IMPROVEMENT | Corpus Christi, TX | $15K | 2022 |
| American Heart AssociationCOMMUNITY OUTREACH | Corpus Christi, TX | $10K | 2022 |
| Tennis Success IncOPERATING EXPENSES | Corpus Christi, TX | $10K | 2022 |
| Rise SchoolSCHOLARSHIP FOR INDIGENT STUDENTS | Corpus Christi, TX | $5K | 2022 |
| Agape HarborGENERAL OPERATING EXPENSES | Corpus Christi, TX | $5K | 2022 |
| Nueces County JuvenileOPERATING EXPENSES | Corpus Christi, TX | $3K | 2022 |
| Good Samaritan Rescue MissionOPERATING EXPENSES | Corpus Christi, TX | $30K | 2020 |
| Mission Of Mercy IncMEDICAL SUPPLIES | Corpus Christi, TX | $30K | 2020 |