Towe Foundation
Accepts applications
Towe Foundation is a private foundation in Lakeway, Texas. In tax year 2025 it gave $7,995 in 8 grants; the typical grant was $922 and the largest $1,960. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$7,995
- Number of grants8
- Typical grant$922
- Largest grant$1,960
- Assets$323,032
- New grantees38%
Giving in 2025 was up from $3,450 the year before.
38% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $5,250 | 2 | $234,384 |
| 2024 | $3,450 | 6 | $284,411 |
| 2025 | $7,995 | 8 | $323,032 |
How to apply
| Contact | Towe Foundation 117 Clubhouse Dr, Lakeway, TX 78734 |
|---|---|
| Phone or email | (512) 576-3078, tjensen@alumni.utexas.net |
| What to submit | Send proposal request. Include tax exception letter or EIN. |
| Deadlines | July 27 2026 |
| Restrictions | No grants to individuals or endowments. |
Foundation website IRS filings on ProPublica
What Towe Foundation funds
Where it gives
Its grants went to recipients in 5 states, the most to Ohio.
| State | Grants | Amount |
|---|---|---|
| Ohio | 2 | $2,750 |
| South Dakota | 1 | $1,960 |
| California | 2 | $1,485 |
| Montana | 2 | $1,175 |
| Wisconsin | 1 | $625 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Marty University | Margie Jensen and Norma Jensen Skogen Scholarship Fund | $1,960 |
| Olney Friends School | General Use | $1,400 |
| Flying Horse Farms | General Use | $1,350 |
| Cure JM | General Use | $1,220 |
| Wheels for Winners | General Use | $625 |
| Our Montana Inc | General Purpose | $600 |
| Montana State Parks Foundation | General Use | $575 |
| Breast Cancer Prevention Partners | General Purpose | $265 |
Officers and trustees
- Tami Jensen
- Holly McClelland
- Dani Roessler
Questions people ask
Does Towe Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: July 27 2026.
How much does Towe Foundation give?
$7,995 in tax year 2025, across 8 grants, with a typical grant of $922.
Who runs Towe Foundation?
Its 2025 filing lists Tami Jensen (President), Holly McClelland (Vice President) and Dani Roessler (Secretary).
What does Towe Foundation fund?
Based on its grants, mainly education.