Belmont Foundation
Belmont Foundation is a private foundation, based in AMARILLO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $50K in total assets. In 2024, it awarded 11 grants totaling $235K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$50K
-51.4% YoY
Annual Giving
$235K
+7733.3% YoY
Grant Count
11
+266.7% YoY
Avg Grant Size
$21K
+2036.4% YoY
Under IRS private-foundation payout rules, Belmont Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Belmont Foundation
Based on IRS filings
Belmont Foundation is a private foundation, based in AMARILLO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $50K in total assets. In 2024, it awarded 11 grants totaling $235K. Net investment income was $4K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $49,601 | $102,078 | $33,179 |
| Revenue | $188,592 | $73,393 | $75,320 |
| Expenses | $236,595 | $4,494 | $85,582 |
| Qualifying Distributions | $235,000 | $3,000 | $84,000 |
| Net Investment Income | $4,082 | $71,899 | $72,738 |
| Distributable Amount | $7,074 | $4,239 | $6,448 |
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 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include 12th Man Foundation ($95,000), Irving Schools Foundation ($32,000), Arkansas Community Foundation ($28,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 12TH MAN FOUNDATION COLLEGE STATION, TX | SWIMMING & DIVING FUND-BANQUET | $95,000 |
| IRVING SCHOOLS FOUNDATION IRVING, TX | SCHOLARSHIPS | $18,000 |
| EDGEMERE CHAPEL DALLAS, TX | BENEVOLENT FUND | $1,000 |
| PAT MATHERS SCHOLARSHIP FUND IRVING, TX | SCHOLARSHIPS | $5,000 |
| ARKANSAS COMMUNITY FOUNDATION LITTLE ROCK, AR | SCHOLARSHIP | $28,000 |
| TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NY | MORTGAGE FREE HOMES | $10,000 |
| IRVING SCHOOLS FOUNDATION IRVING, TX | SCHOLARSHIPS | $32,000 |
| IRVING SCHOOLS FOUNDATION IRVING, TX | SCHOLARSHIPS | $20,000 |
| ROARING GAP FOUNDATION GREENSBORO, NC | HURRICABE RELIEF | $25,000 |
| ST JUDE CHILDREN RESEARCH HOSPITAL MEMPHIS, TN | CANCER RESEARCH | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RALPH D ELLIS | SEC/DIRECTOR | — | — |
| JOY P ELLIS | VP/DIRECTOR | — | — |
| KATHRYN EASON | TREA/DIRECTO | — | — |
Frequently Asked Questions
How large is Belmont Foundation?
As of 2024, Belmont Foundation holds $50K in total assets with $189K in annual revenue. It awarded 11 grants totaling $235K in 2024.
Where does Belmont Foundation operate?
Belmont Foundation has awarded grants in Arkansas, Iowa, North Carolina, New York, Tennessee, Texas.
What size grants does Belmont Foundation award?
In 2024, Belmont Foundation awarded 11 grants totaling $235K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Belmont Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Belmont Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Belmont Foundation's EIN?
Belmont Foundation's EIN (Employer Identification Number) is 75-2503354. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Belmont Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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