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Also known as: KAREN T JAMES PRESIDENT
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Towe Foundation is a private corporation based in LAKEWAY, TX. The foundation received its IRS ruling in 1964. The principal officer is Tami Jensen. It holds total assets of $149K. Annual income is reported at $10K. Total assets have grown from $80K in 2011 to $144K in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Virginia, Montana and Ohio. According to available records, Towe Foundation has made 9 grants totaling $10K, with a median grant of $728. Annual giving has grown from $2K in 2020 to $2K in 2022. Grantmaking activity was highest in 2021 with $6K distributed across 3 grants. Individual grants have ranged from $372 to $2K, with an average award of $1K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Montana and Ohio and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$634
Median Grant
$702
Average Grant
$748
Largest Grant
$909
Based on 3 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.
Towe Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in MT, OH, VA.
Towe Foundation has distributed a total of $10K across 9 grants. The median grant size is $728, with an average of $1K. Individual grants have ranged from $372 to $2K.
Towe Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is 07 15 2023. No grants to individuals or endowments.
Towe Foundation is headquartered in LAKEWAY, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tami Jensen | VICE PRESIDE | $2K | $0 | $2K |
| Karen T James | PRESIDENT | $1K | $0 | $1K |
| Andrew Hartley | SECRETARY | $0 | $0 | N/A |
Total Giving
$7K
Total Assets
$144K
Fair Market Value
$234K
Net Worth
$144K
Grants Paid
$5K
Contributions
$35K
Net Investment Income
$4K
Distribution Amount
$10K
Total: N/A
Total Grants
9
Total Giving
$10K
Average Grant
$1K
Median Grant
$728
Unique Recipients
4
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cure Jm FoundationFor patient care and the development of new treatments | Leesburg, VA | $909 | 2022 |
| Montana State Parks Foundationfor future improvements at State Parks | Missoula, MT | $702 | 2022 |
| Olney Friends Schoolto fund educational projects of the school | Barnesville, OH | $634 | 2022 |
| Women'S Voices For The Earthfunding to bring awareness of chemicals in the environment | Missoula, MT | $2K | 2021 |