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T & L Sowell Tua Charitable Trust is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 2007. The principal officer is Bank Of America N A Ttee. It holds total assets of $23.1M. Annual income is reported at $1.8M. Total assets have grown from $16.8M in 2010 to $22.4M in 2022. The foundation is governed by 1 officer or trustee. 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 2020 to 2023. Grantmaking is concentrated in Texas. According to available records, T & L Sowell Tua Charitable Trust has made 16 grants totaling $4.9M, with a median grant of $321K. Annual giving has grown from $1.1M in 2021 to $2.6M in 2023. Individual grants have ranged from $54K to $511K, with an average award of $305K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$63K
Median Grant
$344K
Average Grant
$313K
Largest Grant
$501K
Based on 4 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.
T & L Sowell Tua Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in TX.
T & L Sowell Tua Charitable Trust has distributed a total of $4.9M across 16 grants. The median grant size is $321K, with an average of $305K. Individual grants have ranged from $54K to $511K.
T & L Sowell Tua Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
T & L Sowell Tua Charitable Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $227K | $0 | $227K |
Total Giving
$1.7M
Total Assets
$22.4M
Fair Market Value
$28.6M
Net Worth
$22.4M
Grants Paid
$1.3M
Contributions
N/A
Net Investment Income
$968K
Distribution Amount
$1.4M
Total Grants
16
Total Giving
$4.9M
Average Grant
$305K
Median Grant
$321K
Unique Recipients
4
Most Common Grant
$319K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United Way Foundation OfUNRESTRICTED GENERAL | Dallas, TX | $511K | 2023 |
| Presbyterian HealthcareUNRESTRICTED GENERAL | Dallas, TX | $383K | 2023 |
| Park Cities PresbyterianUNRESTRICTED GENERAL | Dallas, TX | $319K | 2023 |
| Thanks-Giving SquareUNRESTRICTED GENERAL | Dallas, TX | $64K | 2023 |