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Martha David And Bagby Lennox Foundation is a private corporation based in PARIS, TX. The foundation received its IRS ruling in 1985. The principal officer is William P Streng. It holds total assets of $11.1M. Annual income is reported at $4.7M. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2023. According to available records, Martha David And Bagby Lennox Foundation has made 4 grants totaling $3.6M, with a median grant of $886K. The foundation has distributed between $772K and $1M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1M distributed across 1 grants. Individual grants have ranged from $772K to $1M, with an average award of $888K. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
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.
Martha David And Bagby Lennox Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TX.
Martha David And Bagby Lennox Foundation has distributed a total of $3.6M across 4 grants. The median grant size is $886K, with an average of $888K. Individual grants have ranged from $772K to $1M.
Generally limited to organizations benefitting the northeast texas area.
Martha David And Bagby Lennox Foundation is headquartered in PARIS, TX.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William P Streng | President | $42K | $0 | $42K |
| Sam L Hocker | Vice President | $42K | $0 | $42K |
| Mary Clark | Director | $42K | $0 | $42K |
Total Giving
$1.3M
Total Assets
$10.6M
Fair Market Value
$20.8M
Net Worth
$10.6M
Grants Paid
$919K
Contributions
N/A
Net Investment Income
$943K
Distribution Amount
$972K
Total: $7.9M
Total Grants
4
Total Giving
$3.6M
Average Grant
$888K
Median Grant
$886K
Unique Recipients
1
Most Common Grant
$919K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleSEE ATTACHED SCHEDULE | Various, TX | $919K | 2023 |