Amarillo Business Foundation
Amarillo Business Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Amarillo, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.3M in total assets. In 2025, it awarded 12 grants totaling $237K. Net investment income was $297K.
Key facts about Amarillo Business Foundation
In short: Amarillo Business Foundation gave $237K across 12 grants in 2025 (avg $20K), mostly in Texas. 50% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 75-2859752
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $237,000
- Grants made (2025)
- 12
- Average grant
- $19,750
- Median grant
- $15,000
- New grantees (estimate)
- 50% first-time grantees (6 of 12, 2025)
- Total assets
- $4,269,222
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.3M
+0.5% YoY
Annual Giving
$237K
+6.8% YoY
Grant Count
12
-7.7% YoY
Avg Grant Size
$20K
+15.7% YoY
Under IRS private-foundation payout rules, Amarillo Business Foundation reported a distributable amount of $243K for 2025 — the minimum it must pay out in qualifying distributions.
Is Amarillo Business Foundation open to new grantees?
50%
first-time grantees, 2025
In 2025, 6 of 12 grantees (50%) were first-time recipients. First grants averaged $20K; repeat grants $20K. How we count
Medians: $18K first-time, $15K repeat.
- 17% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−12%). Method
- In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Ready to take the next step with Amarillo Business Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| KIDS INC Amarillo, TX | ROCKROSE SPORTS PARK | $50,000 |
| GUYON SAUNDERS RESOURCE CENTER Amarillo, TX | HOMELESS DAY CENTER | $40,000 |
| BUCKNER CHILDREN AND FAMILY SERVICE Dallas, TX | ARBORS BUILDING | $25,000 |
| THE BRIDGE Amarillo, TX | NEW FACILITY | $25,000 |
| OPPORTUNITY SCHOOL Amarillo, TX | BUS BARN | $20,000 |
| DON HARRINGTON DISCOVERY CENTER Amarillo, TX | CHILLER-EAST WING OF BUILDING | $15,000 |
| UNITED WAY Amarillo, TX | CONTRIBUTION | $15,000 |
| AMARILLO SYMPHONY Amarillo, TX | EQUIPMENT | $10,000 |
| AMARILLO TRI STATE EXPOSITION Amarillo, TX | REMODEL AMARILLO NATIONAL CENTER | $10,000 |
| GOLDEN SPREAD BOYSCOUTS Amarillo, TX | STEM PROGRAMMING | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,269,222 | $4,247,265 | $4,331,133 |
| Revenue | $323,616 | $206,187 | $233,883 |
| Expenses | $301,659 | $290,017 | $299,608 |
| Qualifying Distributions | $237,000 | $222,000 | $236,800 |
| Net Investment Income | $296,619 | $178,730 | $206,444 |
| Distributable Amount | $242,993 | $236,698 | $222,259 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
Leadership & Key People
Officers and directors from IRS filings
Amarillo Business Foundation is led by William T. Ware, President on every filing since 2020; 1 of 6 officers listed in 2025 is compensated.
Officers on the 2025 filing
William T. Ware
President
On filings since 2020
1 hr/week
No compensation reported
Mike Hughes
Director
On filings since 2023
1 hr/week
No compensation reported
Louise Ross
Executive Di
On filings since 2020
30 hrs/week
$32K (2020) → $32K (2025)
Andrew Mitchell
Secretary
On filings since 2020
1 hr/week
No compensation reported
Benjamin Whittenburg
Vice President
On filings since 2020
1 hr/week
No compensation reported
George Raffkind
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Lane Seliger (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
Frequently asked questions about Amarillo Business Foundation
How much does Amarillo Business Foundation give each year?
Amarillo Business Foundation gave $237K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $222K across 13 grants.
What is Amarillo Business Foundation's typical grant size?
Amarillo Business Foundation's median grant in 2025 was $15,000, and its average grant was $19,750, across 12 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Amarillo Business Foundation that year got $20K on average.
Where does Amarillo Business Foundation give grants?
Amarillo Business Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Amarillo, TX (11 grants).
Does Amarillo Business Foundation give general operating support?
Not in 2025: none of the 12 grants with a stated purpose on Amarillo Business Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Amarillo Business Foundation's largest grantees?
Amarillo Business Foundation's largest 2025 grantees include Kids Inc ($50,000), Guyon Saunders Resource Center ($40,000) and Buckner Children and Family Service ($25,000), according to its 2025 IRS Form 990-PF. Together they received 49% of its itemized 2025 grant dollars.
How large is Amarillo Business Foundation?
Amarillo Business Foundation reported $4.3M in total assets on its 2025 IRS Form 990-PF. It paid out $237K in qualifying distributions that year, against a required minimum of $243K (roughly 5% of its investment assets).
What is Amarillo Business Foundation?
Amarillo Business Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Amarillo, TX. It holds $4.3M in total assets as of 2025.
What is Amarillo Business Foundation's EIN?
Amarillo Business Foundation's EIN (Employer Identification Number) is 75-2859752. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Amarillo Business Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Amarillo Business Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Amarillo Area Foundation Inc
Amarillo, TX
Amarillo Area Foundation funds nonprofits serving residents of the 26 northernmost Texas Panhandle counties, with priorities in economic opportunity, health, and education. Its 2024 grants had a median of $31,326; Catalyst requests are $2,500–$20,000, while Discretionary requests are over $20,000. It accepts proposals for both programs.
Assets
$171.6M
Grants
262
Total Given
$23.3M
Dr Kent Roberts & Ilene Roberts
Amarillo, TX
This Amarillo-based foundation funds a range of charitable work, including education, arts, housing, human services, and wildlife rehabilitation, with its 2025 grants going to organizations in Texas. Grants ranged from $1,000 to $20,000, with a median of $5,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$7.1M
Grants
59
Total Given
$397K
Mary E Bivins Foundation
Amarillo, TX
The Mary E. Bivins Foundation funds eldercare, Christian religious education, and charitable organizations serving older or needy people, as well as specific, nonrecurring community needs. Its community grantmaking focuses on the 26 northernmost counties of the Texas Panhandle; in 2025, grants ranged from $6,836 to $375,000, with a median of $25,000. Active Community Grants and Rapid Response Grants are listed, but the profile does not state whether unsolicited requests are accepted.
Assets
$153.6M
Grants
63
Total Given
$2.7M
Josephine Anderson Charitable Trust
Amarillo, TX
The Josephine Anderson Charitable Trust’s grant purpose is not disclosed in the available filing, and its 2025 grant went to a recipient in Amarillo, Texas. It reported one grant of $328,600 in 2025; it gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$6.3M
Grants
1
Total Given
$372K
The Don & Sybil Harrington
Amarillo, TX
The Don & Sybil Harrington funds discretionary grants to 501(c)(3) nonprofits serving residents of the Texas Panhandle, across a range of charitable needs. In 2024, grants ranged from $10,441 to $897,574, with a median of $44,610; it accepts preliminary applications through the Spectrum Portal, with full applications by invitation to advance.
Assets
$121.3M
Grants
38
Total Given
$3.9M
CJ and Syble Fowlston Charitable Trust
Amarillo, TX
The CJ and Syble Fowlston Charitable Trust funds operating and capital needs of 501(c)(3) organizations in the top 20 counties of the Texas Panhandle, including work in hunger relief, education, children’s services, disability access, and public information. Its 2025 grants ranged from $2,000 to $35,000, with a median of $5,000. It accepts written applications describing the organization’s need and planned use of funds; no deadline is stated.
Assets
$5.9M
Grants
37
Total Given
$307K
Xcel Energy Foundation
Minneapolis, MN
The Xcel Energy Foundation funds STEM career pathways, environmental sustainability, and community vitality programs in Xcel Energy’s service area across Minnesota, Wisconsin, North Dakota, South Dakota, Colorado, Texas, and New Mexico. Its 2024 grants ranged from $5 to $619,552, with a median of $512. It does not accept unsolicited requests; applications are by invitation only.
Assets
—
Grants
1,820
Total Given
$7.7M
High Plains Christian Ministries
Amarillo, TX
High Plains Christian Ministries funds Christian ministries and causes, healthcare and health-promotion services, and community programs, primarily in the Texas Panhandle and more broadly in Texas and the Southwest. Its 2024 grants ranged from $5,350 to $10.65 million, with a median of $25,000. No unsolicited application process is stated.
Assets
$575.8M
Grants
56
Total Given
$17.4M
Kimble Foundation Trust
Amarillo, TX
Assets
$4.1M
Grants
1
Total Given
$214K
Mays Foundation
Amarillo, TX
The Mays Foundation supports education, religious organizations, arts, and community programs, including buildings, scholarships, and services; it gave $200–$50,250 in 2025, with a median grant of $2,500. Its website identifies Bexar County as its primary service area, while the Amarillo foundation’s recent grants were mostly in Texas. It accepts applications from eligible 501(c)(3) organizations; the profile lists online applications and, separately, written requests, so the submission instructions differ.
Assets
$5.7M
Grants
51
Total Given
$300K
Frances Maddox Foundation
Amarillo, TX
The foundation funds Texas nonprofits working in areas including children’s services, homelessness and housing, education, animal care, and hunger, with 2025 grants ranging from $5,000 to $25,000 (median $13,000). It supports preselected organizations only and does not accept unsolicited requests.
Assets
$5.3M
Grants
23
Total Given
$296K
William & Louise Mullins Foundation
Amarillo, TX
The William & Louise Mullins Foundation supports Texas charitable organizations serving people facing homelessness, hunger, health needs, and other challenges. Its 2025 grants were typically $1,000–$3,000, with a median of $2,500; it gives only to preselected organizations and does not accept unsolicited requests.
Assets
$973K
Grants
24
Total Given
$56K
More Funders in Texas
Amarillo Business Foundation down — hundreds of funders to go?