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    3. Thomas L Jr & Grace P Downs Scholarship Fund

    Thomas L Jr & Grace P Downs Scholarship Fund

    ActiveEducation
    SAN ANTONIO, TX2102204089EIN: 74-21237143 filings on record

    About Thomas L Jr & Grace P Downs Scholarship Fund

    This fund concentrates its giving on higher education institutions in Texas, with large recurring gifts likely designated for student scholarships or charitable support. Grants are directed almost exclusively to three private universities that have historical ties to the Methodist tradition. The foundation appears focused on sustaining scholarship/endowment support at these specific colleges rather than broad-based or exploratory grantmaking.

    Focus Areas

    Scholarship and student financial aid at Texas private universitiesSupport for Methodist-affiliated higher education institutions in TexasEndowment or program support for undergraduate education at small-to-medium private colleges

    Who They Fund

    Southwestern University (TX)Texas Wesleyan UniversitySouthern Methodist Universitystudents and faculty of the named universities

    Giving Approach

    Highly concentrated: three roughly equal, significant gifts distributed repeatedly among the same universities (repeat grantees). Few grants overall, large single-institution amounts, suggest multi-year or designated scholarship/endowment funding rather than one-off, diversified giving.

    About Thomas L Jr & Grace P Downs Scholarship Fund

    Thomas L Jr & Grace P Downs Scholarship Fund directs its charitable giving to three Texas private universities: Southern Methodist University, Southwestern University, and Texas Wesleyan University. The pattern is highly consistent across the latest grants on file, with each institution receiving repeated support in 2023, 2024, and 2025. That recurrence points to an ongoing scholarship or institutional-support relationship rather than one-off project funding. The fund’s recent activity is tightly centered on higher education in Texas, and the same recipient set appears across the grant list. In 2023, each of the three universities received $85,000. In 2024, each received $84,667. In 2025, Southwestern University and Texas Wesleyan University each received $70,667, while Southern Methodist University received $70,666. The grant purposes are recorded as charitable, which aligns with support that can be used for university priorities tied to student aid, operations, or endowment support. Because the same institutions recur year after year, the fund reads as a stable source of support for a small group of Methodist-affiliated colleges and universities in Texas.

    What Thomas L Jr & Grace P Downs Scholarship Fund Funds

    A central theme in the fund’s giving is student financial aid and broader support for private higher education in Texas. The recipient list shows repeated charitable grants to Southwestern University, Southern Methodist University, and Texas Wesleyan University, all of which are Texas institutions with Methodist connections. The 2023 and 2024 grants to Southern Methodist University suggest an ongoing institutional relationship, while the same pattern appears at Southwestern University and Texas Wesleyan University. The 2025 grants continue that sequence, with support again going to the same three campuses. That narrow recipient set is important: the fund does not appear to spread gifts across many sectors or many universities. Instead, it concentrates on named colleges and universities, consistent with restricted support for undergraduate education, campus programs, and university operations linked to scholarship support.

    How Thomas L Jr & Grace P Downs Scholarship Fund Gives

    Typical grant size clusters tightly around the low-to-mid $80,000 range, with a p25 of $70,667, a median of $84,667, and a p75 of $85,000. The amounts changed only modestly from year to year, moving from $85,000 in 2023 to $84,667 in 2024 and then to $70,666-$70,667 in 2025. The grant pattern is recurring rather than one-time. The same three Texas universities appear repeatedly across the latest years on file, which suggests ongoing support for a fixed set of institutions. The fund is not an operating foundation or DAF in the data provided; it is identified as a scholarship fund, and it makes grants rather than program-related investments.

    Financial Snapshot

    Annual Giving

    $721K

    Total Assets

    $8.6M

    Total Revenue

    $230K

    Total Expenses

    $307K

    Typical Grant Size

    Most grants fall between $71K and $85K, with a median of $85K.

    25th Percentile

    $71K

    Median

    $85K

    75th Percentile

    $85K

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in TX.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    DEBBIE BROEMSEN

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    Funding Style

    institutional supportrestricted support to named institutionsendowment/ongoing support

    Notable grantees: Southwestern University, Texas Wesleyan University, Southern Methodist University

    Topics

    higher education/university supporttertiary education in Texascampus programs and operations

    Where Thomas L Jr & Grace P Downs Scholarship Fund Makes Grants

    All recent grants stayed within Texas, and the recipient distribution is entirely U.S.-based. The named recipient cities are Dallas, Georgetown, and Fort Worth/FT Worth, each tied to one of the three universities in the grant list. The foundation’s giving is local in scope, with 100% of grants going to recipients in Texas. No non-U.S. recipient countries appear in the recent-grants data.

    Frequently Asked Questions About Thomas L Jr & Grace P Downs Scholarship Fund

    Which institutions receive support from Thomas L Jr & Grace P Downs Scholarship Fund?

    The recent grants list shows a fixed set of three recipients: Southern Methodist University in Dallas, Southwestern University in Georgetown, and Texas Wesleyan University in Fort Worth/FT Worth. Each appears multiple times across the latest years on file.

    What is the typical grant size?

    Grant sizes are tightly grouped. The reported p25 is $70,667, the median is $84,667, and the p75 is $85,000. Recent awards also show the same institutions receiving nearly identical amounts year to year.

    What kinds of causes does the fund support?

    Its giving is centered on higher education in Texas, especially charitable support for private universities. The recipient pattern points to scholarship and institutional support at Southern Methodist University, Southwestern University, and Texas Wesleyan University.

    Does the fund support recipients outside Texas?

    No recent grants in the data go outside Texas. The geographic scope is local, the top state by grant count is Texas, and 100% of the grants listed go to recipients in the foundation’s HQ state.

    Is the giving recurring or one-time?

    It is recurring. The same three universities appear in 2023, 2024, and 2025, with each school receiving repeated charitable grants across those years.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    SOUTHWESTERN UNIVERSITYGEORGETOWN, TX$70,6672025CHARITABLE
    TEXAS WESLEYAN UNIVERSITYFT WORTH, TX$70,6672025CHARITABLE
    SOUTHERN METHODIST UNIVERSITYDALLAS, TX$70,6662025CHARITABLE
    SOUTHWESTERN UNIVERSITYGEORGETOWN, TX$84,6672024CHARITABLE
    SOUTHERN METHODIST UNIVERSITYDALLAS, TX$84,6672024CHARITABLE
    TEXAS WESLEYAN UNIVERSITYFT WORTH, TX$84,6672024CHARITABLE
    SOUTHWESTERN UNIVERSITYGEORGETOWN, TX$85,0002023CHARITABLE
    SOUTHERN METHODIST UNIVERSITYDALLAS, TX$85,0002023CHARITABLE
    TEXAS WESLEYAN UNIVERSITYFORT WORTH, TX$85,0002023CHARITABLE

    SOUTHWESTERN UNIVERSITY

    $70,667
    GEORGETOWN, TX2025

    CHARITABLE

    TEXAS WESLEYAN UNIVERSITY

    $70,667
    FT WORTH, TX2025

    CHARITABLE

    SOUTHERN METHODIST UNIVERSITY

    $70,666
    DALLAS, TX2025

    CHARITABLE

    SOUTHWESTERN UNIVERSITY

    $84,667
    GEORGETOWN, TX2024

    CHARITABLE

    SOUTHERN METHODIST UNIVERSITY

    $84,667
    DALLAS, TX2024

    CHARITABLE

    TEXAS WESLEYAN UNIVERSITY

    $84,667
    FT WORTH, TX2024

    CHARITABLE

    SOUTHWESTERN UNIVERSITY

    $85,000
    GEORGETOWN, TX2023

    CHARITABLE

    SOUTHERN METHODIST UNIVERSITY

    $85,000
    DALLAS, TX2023

    CHARITABLE

    TEXAS WESLEYAN UNIVERSITY

    $85,000
    FORT WORTH, TX2023

    CHARITABLE