Mission
AS SET FORTH IN THE TRUST INSTRUMENT AND FOLLOWED BY THE TRUSTEE, THIS ORGANIZATION SUPPORTS SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY AND SOUTHERN METHODIST UNIVERSITY.
Public Charity
THOMAS L JR & GRACE P DOWNS SCHOLARSHIP FUND
Based in SAN ANTONIO, TX, THOMAS L JR & GRACE P DOWNS SCHOLARSHIP FUND operates as a Public Charity. The organization reported $355K in revenue, $364K in expenses, $8.6M in total assets for fiscal year 2026. Imperigo tracks 27 reported grants from this foundation totaling approximately $2.2M.
EIN: 742123714
SAN ANTONIO, TX
Latest filing: 2026
Total Revenue$355K
Total Expenses$364K
Total Assets$8.6M
Grants Given27
Grant Total$2.2M
Filing Years2022–2026
Where $100 goes at Thomas L Jr & Grace P Downs Scholarship Fund
How Thomas L Jr & Grace P Downs Scholarship Fund divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$91
Programs
the work itself
$9
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $91 for programs
$31
Southwestern university
$30
Texas wesleyan university
$30
Southern methodist university
Source: Form 990 filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
CHARITABLE
$86,516
CHARITABLE
$86,516
CHARITABLE
$86,515
CHARITABLE
$70,667
CHARITABLE
$70,667
Showing up to 5 of 27 total records — full history available with membership.
Officers & Directors
DEBBIE BROEMSEN, ADMINISTRATOR
Frost Bank Trustee
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2026 | $355K | $364K | $8.6M |
| 2025 | $230K | $307K | $8.6M |
| 2024 | $332K | $344K | $8.7M |
| 2023 | $396K | $342K | $8.7M |
| 2022 | $1.5M | $355K | $8.6M |
Between 2022 and 2026, reported annual revenue declined from $1.5M to $355K (-76%), with total assets most recently reported at $8.6M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in TX.
TX
Full geographic grant map with state-by-state breakdown available with membership.