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The Fannimae H And James W Summerower Educational Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1999. The principal officer is Fannimae H Summerower. It holds total assets of $834K. Annual income is reported at $358K. Total assets have decreased from $1.1M in 2011 to $834K in 2024. 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 2020 to 2024. The foundation primarily funds organizations in Illinois and Tennessee. According to available records, The Fannimae H And James W Summerower Educational Foundation has made 18 grants totaling $137K, with a median grant of $8K. Annual giving has grown from $45K in 2021 to $92K in 2022. Individual grants have ranged from $8K to $8K, with an average award of $8K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Illinois and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$8K
Average Grant
$8K
Largest Grant
$8K
Based on 6 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.
The Fannimae H And James W Summerower Educational Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in IL, TN.
The Fannimae H And James W Summerower Educational Foundation has distributed a total of $137K across 18 grants. The median grant size is $8K, with an average of $8K. Individual grants have ranged from $8K to $8K.
The Fannimae H And James W Summerower Educational Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Fannimae H And James W Summerower Educational Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | AGENT FOR FIDUCIARY | $9K | $0 | $9K |
| Cynthia Ware Reed | DIRECTOR | $0 | $0 | N/A |
| Brack Reed | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$834K
Fair Market Value
N/A
Net Worth
$834K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
18
Total Giving
$137K
Average Grant
$8K
Median Grant
$8K
Unique Recipients
6
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Xi Lambda EducationalSCHOLARSHIP | Chicago, IL | $8K | 2022 |
| Edwin G Irwin FoundationSCHOLARSHIP | Chicago, IL | $8K | 2022 |
| Chicago Fisk Alumni AssociationSCHOLARSHIP | Chicago, IL | $8K | 2022 |
| Cook County Bench & Bar Spouses IncSCHOLARSHIP | River Forest, IL | $8K | 2022 |
| Zeta Tau Zeta White Rose FoundationSCHOLARSHIP | Chicago, IL | $8K | 2022 |
| Fisk UniversitySCHOLARSHIP | Nashville, TN | $8K | 2022 |