Tuw A M Pate Jr Charitable Tr
Tuw A M Pate Jr Charitable Tr
Overview
Tuw A M Pate Jr Charitable Tr is a private foundation based in Dallas, Texas, established in 1995. It operates as a 501(c)(3) nonprofit organization, focusing on philanthropy, voluntarism, and grantmaking foundations within the NTEE classification T22.
Purpose and Activities
The foundation primarily supports educational initiatives, providing grants to various institutions to foster educational programs and projects. It also provides unrestricted general support, often aligning with the Pate family's philanthropic interests.
Financial Operations
As a private foundation, Tuw A M Pate Jr Charitable Tr generates its revenue primarily from investment income, including dividends and gains from the sale of assets. In recent years, the foundation has made significant charitable disbursements, highlighting its commitment to its mission.
Notable Grants
In 2024, the foundation made notable grants to educational institutions such as the Fort Worth Museum of Science and History, the National Cowgirl Museum and Hall of Fame, and the Amon Carter Museum of American Art, demonstrating its focus on educational support.
Governance
The foundation has a straightforward governance structure, with key roles that include a trustee, typically managed by a financial institution like Bank of America, and a grant advisor, often a family member or representative. Joyce Pate Capper serves as a grant advisor without receiving compensation for her role.
Total Assets and Liabilities
As of recent reports, the foundation holds substantial total assets, with minimal liabilities, ensuring its ability to continue supporting charitable causes effectively.
Transparency and Reporting
Tuw A M Pate Jr Charitable Tr submits annual Form 990-PF reports to the IRS, detailing its financial activities, governance, and grantmaking operations. These reports provide insight into the foundation's management and charitable contributions.
[1] https://projects.propublica.org/nonprofits/organizations/752510793 [2] https://fconline.foundationcenter.org/fdo-grantmaker-profile?key=PATE012 [3] https://www.causeiq.com/organizations/tuw-a-m-pate-jr-charitable-trust,752510793/ [4] https://www.instrumentl.com/990-report/tuw-a-m-pate-jr-charitable-tr [5] https://www.intellispect.co/organizations/752510793-tuw-a-m-pate-jr-charitable-tr
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