Faye L & William L Cowden Charitable Foundation
Nonprofit profile at a glance
- EIN
- 746359520
- IRS 990-PF coverage
- 2016–2024
- Forms available
- Form 990-PF 2024
- Location
- San Antonio, TX, USA
- Phone
- 2102836500
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Standard
Reported finances
- Revenue
- $972,440
- Expenses
- $679,005
Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.
Overview
Mission
Faye L & William L Cowden Charitable Foundation is a nonprofit. Location: San Antonio, TX. EIN 746359520.
What it reported funding in 2024
The foundation reported 59 grants totaling $522,996. The stated grant purpose was charitable.
Operating model
- Revenue model
- Investment-supported. 95% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- Grant intermediary. The foundation distributed 88% of its reported charitable disbursements as grants.
- Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.
The verdict
STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Some filed totals do not add up and the filing reports one or more activities that warrant closer review.
Rating breakdown
- Grant Deployment: 82
- Cost Efficiency: 77
- Transparency: 100
- Compliance: 86
- Endowment Health: 68
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 81.9%; rating input score 82; 18th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 77%; rating input score 77; 35th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 16 of 19 controls in place; rating input score 84
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Fail
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Missing
- Uncorrected prior-year jeopardizing investments: Missing
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 8; rating input score 89
Endowment Health
- Endowment-health comparison: 21.96; rating input score 68; 68th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: 81.9% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 68th percentile for endowment coverage
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 60 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Balance sheet boy total did not reconcile in the filed values.
- Review — Compliance: Part VII-B activity disclosures: Compensation paid to a disqualified person not reported.