The Lockett Foundation Inc

EIN 751534079 Private Foundation

Vernon, TX 76385 |(940) 552-5481

Total Given 2016–2023
$280K
54 grants · $35K avg/year
based on 8 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$1K
typical micro grants · $1K–$2K
grant size
67%
deep partner · 14/21 multi-year
repeat
$2.4M
Assets (2023)
21
Distinct Recipients

Focus Areas

Education

Application Information

Accepts Unsolicited Proposals No. Preselected Only
Phone (940) 552-5481

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $15K $309K $20K 10
2018 $20K $328K $15K 10
2019 N/A $341K $34K N/A
2020 $16K $2.0M $16K 7
2021 $97K $2.4M $2.1M 9
2022 $60K $2.3M $37K 9
2023 $72K $2.4M $34K 9

Grant Size Distribution

Based on 54 grants on record

Minimum
$250
25th Pctl
$1K
Median
$1K
Average
$5K
75th Pctl
$2K
Maximum
$59K

Geographic Distribution


Texas Counties Served

79.6% of US grants · Rank #1 of 2 states $270K across 43 grants 6 of 254 counties

Top 6 counties

  1. 1 Lubbock 16 grants · $236K
  2. 2 Wilbarger 10 grants · $18K
  3. 3 Gillespie 12 grants · $12K
  4. 4 Blanco 3 grants · $3K
  5. 5 Harris 1 grant · $1K
  6. 6 Archer 1 grant · $250

Officers & Directors

Grants Awarded (54 total)

Purpose
Texas Tech Foundation Lubbock, TX $59,200 Scholarship 2021
Texas Tech Foundation Lubbock, TX $37,300 Scholarship 2023
Texas Tech Foundation Lubbock, TX $32,500 Scholarship 2022
Texas Tech Alumni Association Lubbock, TX $30,000 Endowment Trust 2021
Texas Tech Alumni Association (TTAA) Lubbock, TX $25,000 Endowment Trust 2023
Texas Tech Alumni Association (TTAA) Lubbock, TX $20,000 Endowment Trust 2022
Texas Tech Foundation Lubbock, TX $11,200 Scholarship 2018
Texas Tech Foundation Lubbock, TX $9,100 Scholarship 2020
Texas Tech Foundation Lubbock, TX $5,000 Scholarship 2016
Boys & Girls Club of Vernon Vernon, TX $3,325 Operation 2023
Boys & Girls Club of Vernon Vernon, TX $2,300 Operation 2020
Boys & Girls Club of Vernon Vernon, TX $2,300 Operation 2021
Boys & Girls Club of Vernon Vernon, TX $2,300 Operation 2016
Boys & Girls Club of Vernon Vernon, TX $2,300 Operation 2022
Boys & Girls Club of Vernon Vernon, TX $2,300 Operation 2018
Vernon College Vernon, TX $2,000 Operation 2023
Vernon College Vernon, TX $2,000 Operation 2016
Holy Ghost Lutheran Church Fredericksburg, TX $1,000 Operation 2020
Ronald McDonald House Lubbock, TX $1,000 Operation 2020
Hill Country Memorial Hospital Fredericksburg, TX $1,000 Operation 2020
Vernon College Vernon, TX $1,000 Operation 2020
Hill Country Memorial Hospital Fredericksburg, TX $1,000 Operation 2021
Holy Ghost Lutheran Church Fredericksburg, TX $1,000 Operation 2021
Ronald McDonald House Lubbock, TX $1,000 Operation 2021
Vernon College Vernon, TX $1,000 Operation 2021

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