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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Frost Bank Institution | DEBBIE BROEMSEN, ADMINISTRATOR | 2016-2024 | $84,842 | $644,985 | 99 |
People by year
2024 · 1 person listed · 1 paid, $85K · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| FROST BANK TRUSTEE Institution | DEBBIE BROEMSEN, ADMINISTRATOR | 40 | $84,842 | $0 | $0 | $84,842 | 99 |
2023 · 1 person listed · 1 paid, $80K · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| FROST BANK TRUSTEE Institution | DEBBIE BROEMSEN, ADMINISTRATOR | 40 | $79,643 | $0 | $0 | $79,643 | 99 |
2022 · 1 person listed · 1 paid, $77K · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| FROST BANK TRUSTEE Institution | DEBBIE BROEMSEN, ADMINISTRATOR | 40 | $77,100 | $0 | $0 | $77,100 | 99 |
2021 · 1 person listed · 1 paid, $85K · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| FROST BANK TRUSTEE Institution | KATHLEEN FINCK, ADMINISTRATOR | 40 | $85,123 | $0 | $0 | $85,123 | 99 |
2020 · 1 person listed · 1 paid, $79K · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| FROST BANK TRUSTEE Institution | KATHLEEN FINCK, ADMINISTRATOR | 40 | $79,076 | $0 | $0 | $79,076 | 99 |
2019 · 1 person listed · 1 paid, $62K · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| FROST BANK TRUSTEE Institution | KATHLEEN FINCK, ADMINISTRATOR | 40 | $61,708 | $0 | $0 | $61,708 | 99 |
2018 · 1 person listed · 1 paid, $61K · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| FROST BANK TRUSTEE Institution | KATHLEEN FINCK, ADMINISTRATOR | 40 | $60,566 | $0 | $0 | $60,566 | 99 |
2017 · 1 person listed · 1 paid, $61K · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| FROST BANK TRUSTEE Institution | KATHLEEN FINCK, ADMINSTRATOR | 40 | $60,870 | $0 | $0 | $60,870 | 99 |
2016 · 1 person listed · 1 paid, $56K · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| FROST BANK TRUSTEE Institution | KATHLEEN FINCK, ADMINSTRATOR | 40 | $56,057 | $0 | $0 | $56,057 | 99 |
Highest-paid independent contractors
2024 · 1 contractor · Not reported
| Name | Location | Service | Paid |
|---|---|---|---|
| NONE | - |
2023 · 1 contractor · Not reported
| Name | Location | Service | Paid |
|---|---|---|---|
| NONE | - |
2022 · 1 contractor · Not reported
| Name | Location | Service | Paid |
|---|---|---|---|
| NONE | - |
2021 · 1 contractor · Not reported
| Name | Location | Service | Paid |
|---|---|---|---|
| NONE | - |
2020 · 1 contractor · Not reported
| Name | Location | Service | Paid |
|---|---|---|---|
| NONE | - |
2019 · 1 contractor · Not reported
| Name | Location | Service | Paid |
|---|---|---|---|
| NONE | - |
2018 · 1 contractor · Not reported
| Name | Location | Service | Paid |
|---|---|---|---|
| NONE | - |
2017 · 1 contractor · Not reported
| Name | Location | Service | Paid |
|---|---|---|---|
| NONE | - |
2016 · 1 contractor · Not reported
| Name | Location | Service | Paid |
|---|---|---|---|
| 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.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| $230,411 | $307,492 | $8,574,438 | $8,574,438 | $0 | $0 | $67,025 | 0 | - |
| 2023 · Form 990 | ||||||||
| $331,524 | $343,795 | $8,651,519 | $8,651,519 | $0 | $0 | $62,918 | 0 | - |
| 2022 · Form 990 | ||||||||
| $395,869 | $341,570 | $8,663,790 | $8,663,790 | $0 | $0 | $60,909 | 0 | - |
| 2021 · Form 990 | ||||||||
| $1,490,350 | $355,147 | $8,609,490 | $8,609,490 | $0 | $0 | $67,248 | 0 | - |
| 2020 · Form 990 | ||||||||
| $342,548 | $335,875 | $7,474,286 | $7,474,286 | $0 | $0 | $79,076 | 0 | - |
| 2019 · Form 990 | ||||||||
| $598,660 | $314,013 | $7,467,657 | $7,467,657 | $0 | $0 | $61,708 | 0 | - |
| 2018 · Form 990 | ||||||||
| $462,829 | $311,819 | $7,183,010 | $7,183,010 | $0 | $0 | $60,566 | 0 | - |
| 2017 · Form 990 | ||||||||
| $490,058 | $293,040 | $7,031,996 | $7,031,996 | $0 | $0 | $60,870 | 0 | - |
| 2016 · Form 990 | ||||||||
| $266,799 | $196,864 | $6,834,978 | $6,834,978 | $0 | $0 | $56,056 | 0 | - |
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
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| THOMAS L & MABEL GRACE JONES SCHOLARSHIP FUND | WI | Not 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
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $307,492 | 100% |
2023 · Form 990 · $343,795 spent · pay $62,918 · grants $254,001 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $343,795 | 100% |
2022 · Form 990 · $341,570 spent · pay $60,909 · grants $255,000 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $341,570 | 100% |
2021 · Form 990 · $355,147 spent · pay $67,248 · grants $261,000 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $355,147 | 100% |
2020 · Form 990 · $335,875 spent · pay $79,076 · grants $247,650 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $335,875 | 100% |
2019 · Form 990 · $314,013 spent · pay $61,708 · grants $243,129 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $314,013 | 100% |
2018 · Form 990 · $311,819 spent · pay $60,566 · grants $242,813 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $311,819 | 100% |
2017 · Form 990 · $293,040 spent · pay $60,870 · grants $224,748 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $293,040 | 100% |
2016 · Form 990 · $196,864 spent · pay $56,056 · grants $133,137 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $196,864 | 100% |