Also known as: FOUNDATION
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Pearl Thornell Charitable Foundation is a private corporation based in CORSICANA, TX. The foundation received its IRS ruling in 2007. The principal officer is Community National Bank & Trust. It holds total assets of $1.5M. Annual income is reported at $378K. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Texas. According to available records, Pearl Thornell Charitable Foundation has made 55 grants totaling $488K, with a median grant of $10K. The foundation has distributed between $90K and $211K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $211K distributed across 24 grants. Individual grants have ranged from $2K to $25K, with an average award of $9K. The foundation has supported 18 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$9K
Average Grant
$9K
Largest Grant
$15K
Based on 12 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.
Pearl Thornell Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 55 grants. Its grantmaking reaches organizations primarily in TX.
Pearl Thornell Charitable Foundation has distributed a total of $488K across 55 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $2K to $25K.
The application deadline is CALANDER QUARTER.
Pearl Thornell Charitable Foundation is headquartered in CORSICANA, TX.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$111K
Total Assets
$1.4M
Fair Market Value
$2.1M
Net Worth
$1.4M
Grants Paid
$95K
Contributions
N/A
Net Investment Income
$77K
Distribution Amount
$96K
Total: $1.1M
Total Grants
55
Total Giving
$488K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
18
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyCHARITABLE OPERATIONS | Corsicana, TX | $5K | 2023 |
| Hope CenterCHARITABLE OPERATIONS | Corsicana, TX | $5K | 2023 |
| Corsicana YmcaCHARITABLE OPERATIONS | Corsicana, TX | $15K | 2023 |
| First United Methodist Church CorsiCAPITAL IMPROVEMENTS | Corsicana, TX | $13K | 2023 |
| Corsicana Isd Education FoundationCHARITABLE OPERATIONS | Corsicana, TX | $10K | 2023 |
| Methodist Childrens Home Of WacoCHARITABLE OPERATIONS | Waco, TX | $10K | 2023 |
| Boys And Girls Club Greater DallasCHARITABLE OPERATIONS | Dallas, TX | $10K | 2023 |
| Presbyterian Children ServicesCHARITABLE OPERATIONS | Corsicana, TX | $10K | 2023 |
| VoiceCHARITABLE OPERATIONS | Corsicana, TX | $5K | 2023 |
| Humane Society Of Navarro CountyCHARITABLE OPERATIONS | Corsicana, TX | $5K | 2023 |
| Warehouse Living Arts CenterCHARITABLE OPERATIONS | Corsicana, TX | $3K | 2023 |
| Sam Houston PtoCHARITABLE OPERATIONS | Corsicana, TX | $3K | 2023 |
| City Of CorsicanaCHARITABLE OPERATIONS | Corsicana, TX | $2K | 2023 |
| Northside Baptist ChurchCHARITABLE OPERATIONS | Corsicana, TX | $13K | 2022 |
| Compassion CorsicanaCHARITABLE OPERATIONS | Corsicana, TX | $10K | 2022 |
| United Way Of Navaro CountyCHARITABLE OPERATIONS | Corsicana, TX | $2K | 2022 |