The Faye L. & William L. Cowden Charitable Foundation, established by William L. and Faye L. Cowden in 1988, focuses on helping as many people as possible, particularly children. The Foundation directs its efforts towards charitable, educational, scientific, and religious purposes with an emphasis on aiding the health, medical care, education, and welfare of children, alongside supporting the prevention of cruelty to children or animals, and the conservation of wildlife and natural habitats.
The grants from the Faye L. & William L. Cowden Charitable Foundation are targeted towards 501(c)(3) organizations operating within the state of Texas. These organizations should direct their activities towards supporting the health, medical treatment and rehabilitation of children, including relevant medical research; education and provision of special educational opportunities for young persons who are otherwise unable to afford them; prevention of cruelty to children or animals; and the protection and preservation of wildlife and natural areas.