Financial Information for Thomas Lucius Downs JR & Grace Pate Downs Scholarship Fund

Thomas Lucius Downs JR & Grace Pate Downs Scholarship Fund's annual revenue was $355K in tax year 2025, reported on their IRS Form 990. They spent $364K in total expenses. 92% went to programs and services.

Financial Breakdown

What is Thomas Lucius Downs JR & Grace Pate Downs Scholarship Fund's total annual expenses?

Thomas Lucius Downs JR & Grace Pate Downs Scholarship Fund spent $364K in tax year 2025, according to their IRS Form 990 filing.

How much of Thomas Lucius Downs JR & Grace Pate Downs Scholarship Fund's budget goes to programs?

Thomas Lucius Downs JR & Grace Pate Downs Scholarship Fund spent $336K (92% of expenses) on programs and services in tax year 2025.

How much does Thomas Lucius Downs JR & Grace Pate Downs Scholarship Fund spend on overhead?

Thomas Lucius Downs JR & Grace Pate Downs Scholarship Fund's overhead in tax year 2025 includes administrative (8%) of their expenses.

What is Thomas Lucius Downs JR & Grace Pate Downs Scholarship Fund's net worth?

Thomas Lucius Downs JR & Grace Pate Downs Scholarship Fund had net assets of $8.6M as of the end of tax year 2025.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.