Welborn-Payne Endowment Trust
EIN 756435671
Possibly inactive.
Last 990-PF filing on record is from 2023
(3 years ago). Verify before investing time in an application.
Total Given 2016–2023
$10.5M
113 grants · $1.3M avg/year
based on 8 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$55K
typical mid grants · $28K–$126K
grant size
86%
deep partner · 32/37 multi-year
repeat
$38.2M
Assets (2023)
37
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
(806) 767-7000
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $1.4M | $30.5M | $1.9M | 11 |
| 2017 | $1.4M | $34.0M | $3.8M | 13 |
| 2018 | $1.4M | $30.7M | $3.8M | 15 |
| 2020 | $1.4M | $38.6M | $2.3M | 19 |
| 2021 | $1.5M | $42.3M | $4.7M | 19 |
| 2022 | $1.8M | $33.8M | $2.5M | 17 |
| 2023 | $1.5M | $38.2M | $2.2M | 19 |
Grant Size Distribution
Based on 113 grants on record
Minimum
$675
25th Pctl
$28K
Median
$55K
Average
$93K
75th Pctl
$126K
Maximum
$615K
Geographic Distribution
Texas Counties Served
97.3% of US grants
· Rank #1 of 2 states
$10.4M across
110 grants
2 of 254 counties
Top 2 counties
- 1 Lubbock
- 2 Hockley
Officers & Directors
PB
Prosperity Bank
7+ yrs
Trustee
PB
Prosperity Bank
7+ yrs
Trustee
PB
Prosperity Bank
7+ yrs
Trustee
PB
Prosperity Bank
7+ yrs
Trustee
PB
Prosperity Bank
7+ yrs
Trustee
PB
Prosperity Bank
7+ yrs
Trustee
PB
Prosperity Bank
7+ yrs
Trustee
Grants Awarded (113 total)
| Purpose | ||||
|---|---|---|---|---|
| First United Methodist Church | Lubbock, TX | $615,275 | TO SUPPORT THE MISSION OF THE METHODIST CHURCH. | 2017 |
| First United Methodist Church | Lubbock, TX | $560,000 | TO SUPPORT THE MISSION OF THE METHODIST CHURCH | 2018 |
| First United Methodist Church | Lubbock, TX | $385,000 | TO SUPPORT THE MISSION OF THE METHODIST CHURCH. | 2016 |
| First United Methodist Church | Lubbock, TX | $340,000 | TO SUPPORT THE MISSION OF THE METHODIST CHURCH | 2021 |
| First United Methodist Church | Lubbock, TX | $295,000 | TO SUPPORT THE MISSION OF THE METHODIST CHURCH | 2022 |
| First United Methodist Church | Lubbock, TX | $245,000 | TO SUPPORT THE MISSION OF THE METHODIST CHURCH | 2020 |
| South Plains Food Bank | Lubbock, TX | $225,000 | ASSIST THE HUNGRY | 2022 |
| First United Methodist Church | Lubbock, TX | $215,000 | TO SUPPORT THE MISSION OF THE METHODIST CHURCH | 2023 |
| South Plains Food Bank | Lubbock, TX | $200,000 | ASSIST THE HUNGRY | 2020 |
| South Plains Food Bank | Lubbock, TX | $200,000 | ASSIST THE HUNGRY | 2021 |
| South Plains Food Bank | Lubbock, TX | $200,000 | ASSIST THE HUNGRY | 2023 |
| South Plains Food Bank | Lubbock, TX | $200,000 | ASSIST THE HUNGRY | 2018 |
| South Plains Food Bank | Lubbock, TX | $190,000 | ASSIST THE HUNGRY | 2017 |
| Science Spectrum Inc | Lubbock, TX | $190,000 | TO FUND THE ACTIVITIES OF THE MUSEUM. | 2022 |
| Texas Boys Ranch Foundation | Lubbock, TX | $176,320 | FOSTER CHILDREN | 2023 |
| The Salvation Army | Lubbock, TX | $160,000 | TO PROVIDE FUNDS TO HELP SATISFY HUMAN NEEDS, AND PROVIDE DISASTER SUPPORT. | 2022 |
| Ballet Lubbock | Lubbock, TX | $150,000 | TO SUPPORT PRE-PROFESSIONAL DANCE EDUCATION AND PERFORMANCES | 2020 |
| Lubbock Meals on Wheels | Lubbock, TX | $150,000 | TO PROVIDE MEALS FOR INDIVIDUALS | 2016 |
| South Plains Food Bank | Lubbock, TX | $150,000 | ASSIST THE HUNGRY | 2016 |
| Texas Boys Ranch | Lubbock, TX | $150,000 | FOSTER CHILDREN | 2016 |
| Texas Tech Foundation | Lubbock, TX | $150,000 | TO FUND PUBLIC BROADCASTING STATION KTTZ-FM | 2016 |
| The Salvation Army | Lubbock, TX | $150,000 | CHARITABLE | 2016 |
| Lubbock Christian Schools | Lubbock, TX | $150,000 | TO PROVIDE A GRANT TO THE SCHOOL FOR CONSTRUCTION OF A NEW CAMPUS. | 2016 |
| Texas Tech Foundation | Lubbock, TX | $150,000 | TO FUND PUBLIC BROADCASTING STATION KTTZ-FM | 2022 |
| Texas Boys Ranch Foundation | Lubbock, TX | $130,299 | FOSTER CHILDREN | 2022 |