STRATEGY STUDIO / PUBLIC DATA EXPLORER

THOMAS LUCIUS DOWNS JR & GRACE PATE DOWNS SCHOLARSHIP FUND

Cite this

Plain text THOMAS LUCIUS DOWNS JR & GRACE PATE DOWNS SCHOLARSHIP FUND. Strategy Studio, nonprofit organization profile, tax years 2016–2024. https://strategystudio.org/org/742123714. Retrieved 2026-10-20.

APA Strategy Studio. (n.d.). THOMAS LUCIUS DOWNS JR & GRACE PATE DOWNS SCHOLARSHIP FUND [Nonprofit organization profile; tax years 2016–2024]. Retrieved October 20, 2026, from https://strategystudio.org/org/742123714

MLA “THOMAS LUCIUS DOWNS JR & GRACE PATE DOWNS SCHOLARSHIP FUND.” Strategy Studio, tax years 2016–2024, https://strategystudio.org/org/742123714. Accessed 20 Oct. 2026.

Retrieved 2026-10-20; covers tax years 2016–2024. Data: Strategy Studio, CC BY 4.0.

2024 · Form 990 · revenue $230K · expenses $307K · assets $8.6M

Also known as
SCHOLARSHIP FUND
EIN
74-2123714
Address
PO BOX 2950, SAN ANTONIO, TX 78299-2950
NTEE code
-
Subsection
501(c)(3)
Ruling year
1983
Cross-check
ProPublica Nonprofit Explorer

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.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

1 person paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Frost Bank Institution DEBBIE BROEMSEN, ADMINISTRATOR2016-2024 $84,842$644,985 99

People by year

2024 · 1 person listed · 1 paid, $85K · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
FROST BANK TRUSTEE Institution DEBBIE BROEMSEN, ADMINISTRATOR40 $84,842$0$0 $84,84299
2023 · 1 person listed · 1 paid, $80K · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
FROST BANK TRUSTEE Institution DEBBIE BROEMSEN, ADMINISTRATOR40 $79,643$0$0 $79,64399
2022 · 1 person listed · 1 paid, $77K · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
FROST BANK TRUSTEE Institution DEBBIE BROEMSEN, ADMINISTRATOR40 $77,100$0$0 $77,10099
2021 · 1 person listed · 1 paid, $85K · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
FROST BANK TRUSTEE Institution KATHLEEN FINCK, ADMINISTRATOR40 $85,123$0$0 $85,12399
2020 · 1 person listed · 1 paid, $79K · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
FROST BANK TRUSTEE Institution KATHLEEN FINCK, ADMINISTRATOR40 $79,076$0$0 $79,07699
2019 · 1 person listed · 1 paid, $62K · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
FROST BANK TRUSTEE Institution KATHLEEN FINCK, ADMINISTRATOR40 $61,708$0$0 $61,70899
2018 · 1 person listed · 1 paid, $61K · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
FROST BANK TRUSTEE Institution KATHLEEN FINCK, ADMINISTRATOR40 $60,566$0$0 $60,56699
2017 · 1 person listed · 1 paid, $61K · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
FROST BANK TRUSTEE Institution KATHLEEN FINCK, ADMINSTRATOR40 $60,870$0$0 $60,87099
2016 · 1 person listed · 1 paid, $56K · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
FROST BANK TRUSTEE Institution KATHLEEN FINCK, ADMINSTRATOR40 $56,057$0$0 $56,05799

Highest-paid independent contractors

2024 · 1 contractor · Not reported
NameLocationServicePaid
NONE-
2023 · 1 contractor · Not reported
NameLocationServicePaid
NONE-
2022 · 1 contractor · Not reported
NameLocationServicePaid
NONE-
2021 · 1 contractor · Not reported
NameLocationServicePaid
NONE-
2020 · 1 contractor · Not reported
NameLocationServicePaid
NONE-
2019 · 1 contractor · Not reported
NameLocationServicePaid
NONE-
2018 · 1 contractor · Not reported
NameLocationServicePaid
NONE-
2017 · 1 contractor · Not reported
NameLocationServicePaid
NONE-
2016 · 1 contractor · Not reported
NameLocationServicePaid
NONE-

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2024 · 3 grants to organizations · $212K
2023 · 3 grants to organizations · $254K
2022 · 3 grants to organizations · $255K
2021 · 3 grants to organizations · $261K
2020 · 3 grants to organizations · $248K
2019 · 3 grants to organizations · $243K
2018 · 3 grants to organizations · $243K
2017 · 3 grants to organizations · $225K
2016 · 3 grants to organizations · $133K

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990 period ending 2025-05-31 · view filing · original 990 ↗
$230,411$307,492 $8,574,438$8,574,438 $0$0 $67,0250-
2023 · Form 990 period ending 2024-05-31 · view filing · original 990 ↗
$331,524$343,795 $8,651,519$8,651,519 $0$0 $62,9180-
2022 · Form 990 period ending 2023-05-31 · view filing · original 990 ↗
$395,869$341,570 $8,663,790$8,663,790 $0$0 $60,9090-
2021 · Form 990 period ending 2022-05-31 · view filing · original 990 ↗
$1,490,350$355,147 $8,609,490$8,609,490 $0$0 $67,2480-
2020 · Form 990 period ending 2021-05-31 · view filing · original 990 ↗
$342,548$335,875 $7,474,286$7,474,286 $0$0 $79,0760-
2019 · Form 990 period ending 2020-05-31 · view filing · original 990 ↗
$598,660$314,013 $7,467,657$7,467,657 $0$0 $61,7080-
2018 · Form 990 period ending 2019-05-31 · view filing · original 990 ↗
$462,829$311,819 $7,183,010$7,183,010 $0$0 $60,5660-
2017 · Form 990 period ending 2018-05-31 · view filing · original 990 ↗
$490,058$293,040 $7,031,996$7,031,996 $0$0 $60,8700-
2016 · Form 990 period ending 2017-05-31 · view filing · original 990 ↗
$266,799$196,864 $6,834,978$6,834,978 $0$0 $56,0560-

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Similar organizations

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
THOMAS L & MABEL GRACE JONES SCHOLARSHIP FUNDWINot reported $9,489$9,306 TRUSTEE$1,968 Similar name, revenue differs more than 10x

Who funds organizations like this

Not reported: none of these organizations has foundation or DAF-sponsor grants in the filings we have.

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990 · $307,492 spent · pay $67,025 · grants $212,000 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $212,000$212,000-- 68.9%
Pay: officers, directors, trustees, key employees $67,025$67,025$0$0 21.8%
Fees: investment management $17,817$0$17,817$0 5.8%
Fees: accounting $8,802$4,401$4,401$0 2.9%
Other (as described)FOREIGN TAXES $1,830-$1,830- 0.6%
Other (as described)MINERAL FEES $18-$18- 0.0%
Total$307,492100%

View the filing

2023 · Form 990 · $343,795 spent · pay $62,918 · grants $254,001 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $254,001$254,001-- 73.9%
Pay: officers, directors, trustees, key employees $62,918$62,918$0$0 18.3%
Fees: investment management $16,725$0$16,725$0 4.9%
Fees: accounting $8,390$4,195$4,195$0 2.4%
Other (as described)FOREIGN TAXES $1,743-$1,743- 0.5%
Other (as described)MINERAL FEES $18-$18- 0.0%
Total$343,795100%

View the filing

2022 · Form 990 · $341,570 spent · pay $60,909 · grants $255,000 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $255,000$255,000-- 74.7%
Pay: officers, directors, trustees, key employees $60,909$60,909$0$0 17.8%
Fees: investment management $16,191$0$16,191$0 4.7%
Fees: accounting $7,990$3,995$3,995$0 2.3%
Other (as described)FOREIGN TAXES $1,462-$1,462- 0.4%
Other (as described)MINERAL FEES $18-$18- 0.0%
Total$341,570100%

View the filing

2021 · Form 990 · $355,147 spent · pay $67,248 · grants $261,000 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $261,000$261,000-- 73.5%
Pay: officers, directors, trustees, key employees $67,248$67,248$0$0 18.9%
Fees: investment management $17,876$0$17,876$0 5.0%
Fees: accounting $7,572$3,786$3,786$0 2.1%
Other (as described)MINERAL FEES $1,433-$1,433- 0.4%
Other (as described)FOREIGN TAXES $18-$18- 0.0%
Total$355,147100%

View the filing

2020 · Form 990 · $335,875 spent · pay $79,076 · grants $247,650 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $247,650$247,650-- 73.7%
Pay: officers, directors, trustees, key employees $79,076$39,538$39,538- 23.5%
Fees: accounting $7,473$3,737$3,736- 2.2%
Other (as described)FOREIGN TAXES $1,658-$1,658- 0.5%
Fees: other services $18-$18- 0.0%
Total$335,875100%

View the filing

2019 · Form 990 · $314,013 spent · pay $61,708 · grants $243,129 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $243,129$243,129-- 77.4%
Pay: officers, directors, trustees, key employees $61,708$30,854$30,854- 19.7%
Fees: accounting $7,128$3,564$3,564- 2.3%
Other (as described)FOREIGN TAXES $2,030-$2,030- 0.6%
Fees: other services $18-$18- 0.0%
Total$314,013100%

View the filing

2018 · Form 990 · $311,819 spent · pay $60,566 · grants $242,813 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $242,813$242,813-- 77.9%
Pay: officers, directors, trustees, key employees $60,566$30,283$30,283- 19.4%
Fees: accounting $6,490$3,245$3,245- 2.1%
Other (as described)FOREIGN TAXES $1,932-$1,932- 0.6%
Fees: other services $18-$18- 0.0%
Total$311,819100%

View the filing

2017 · Form 990 · $293,040 spent · pay $60,870 · grants $224,748 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $224,748$224,748-- 76.7%
Pay: officers, directors, trustees, key employees $60,870$30,435$30,435- 20.8%
Fees: accounting $6,060$3,030$3,030- 2.1%
Other (as described)FOREIGN TAXES $1,344-$1,344- 0.5%
Fees: other services $18-$18- 0.0%
Total$293,040100%

View the filing

2016 · Form 990 · $196,864 spent · pay $56,056 · grants $133,137 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $133,137$133,137-- 67.6%
Pay: officers, directors, trustees, key employees $56,056$28,028$28,028- 28.5%
Fees: accounting $5,750$2,875$2,875- 2.9%
Other (as described)FOREIGN TAXES $1,903-$1,903$0 1.0%
Fees: other services $18-$18- 0.0%
Total$196,864100%

View the filing