Cal Farley's Boys Ranch Foundation
Cal Farley's Boys Ranch Foundation is organized to provide financial support to cal farley's boys ranch through investment and reinvestment of funds, properties and other donations of value received as contributions and support. The foundation is also responsible for some of the expenses related to direct marketing and fundraising efforts for the ranch.
Cal Farley's Boys Ranch Foundation at a glance
In short: Cal Farley's Boys Ranch Foundation gave $15.8M across 1 grant in 2025 (avg $15.8M), mostly in Texas. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $15,826,386
- +98.2% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $15,826,386
- +98.2% vs 2024
- Median grant
- $15,826,386
- Total assets
- $525,203,422
- +14.5% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Cal Farley's Boys Ranch Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Cal Farley's Boys Ranch ($15.8M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Cal Farley's Boys Ranch Foundation gives
- Giving held roughly steady from 2022 to 2025 (−9%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $8.0M (2024) to $19.2M (2019). In 2025 it made 1 grant totaling $15.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cal Farley's Boys Ranch Amarillo, TX | To Provide Support to Cal Farley's Boys Ranch | $15,826,386 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $525,203,422 | $43,023,991 | $28,859,269 | $15,826,386 | 1 | $33,967,197 |
| 2024 | $458,668,024 | $26,950,312 | $19,383,732 | $7,983,354 | 1 | $23,270,102 |
| 2023 | $386,187,818 | $27,192,235 | $18,703,967 | $17,547,008 | 1 | $13,238,000 |
| 2022 | $353,153,021 | $39,306,291 | $18,753,915 | $17,393,447 | 1 | $32,577,222 |
| 2021 | $418,737,875 | $21,561,127 | $18,029,410 | $16,806,540 | 1 | $18,724,599 |
| 2020 | $356,421,554 | $22,014,307 | $18,735,690 | $17,590,082 | 1 | $20,840,050 |
| 2019 | $347,687,369 | $19,395,849 | $20,592,263 | $19,177,026 | 1 | $15,501,493 |
About Cal Farley's Boys Ranch Foundation
Based on IRS filings
Cal Farley's Boys Ranch Foundation is a public charity focused on Human Services, based in Amarillo, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $525.2M in total assets. In 2025, it awarded 1 grant totaling $15.8M. Net investment income was $34.0M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Cal Farley's Boys Ranch Foundation is led by Richard Nedelkoff, CEO & President since 2023 (on filings since 2022); none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Richard Nedelkoff
CEO & President
President → CEO & President, 2023
On filings since 2022
1 hr/week
No compensation reported
Michelle Bonner
Chairman
Director → Vice Chairman & Secretary, 2021
Vice Chairman & Secretary → Chairman, 2022
On filings since 2020
1 hr/week
No compensation reported
Julie Attebury
Director
Vice Chairman & Secretary → Chairman of the Board, 2021
Chairman of the Board → Director, 2022
On filings since 2019
1 hr/week
No compensation reported
Malcolm Shelton
Director
On filings since 2019
1 hr/week
No compensation reported
Mike King
Director
On filings since 2019
1 hr/week
No compensation reported
Lance Purcell
Director
On filings since 2022
1 hr/week
No compensation reported
Claudia Stewart
Director
New on the 2025 filing
1 hr/week
No compensation reported
Megan Johnson
Vice President
On filings since 2019
1 hr/week
No compensation reported
Rodney Ruthart
Vice Chairman
Chairman of the Board → Director, 2021
Director → Vice Chairman, 2022
On filings since 2019
1 hr/week
No compensation reported
Rod Schroder
Secretary
Director → Secretary, 2022
On filings since 2021
1 hr/week
No compensation reported
Former officers (4)
- Former: Dan Adams (2019–2022) — President · Filing note: Through 83121
- Former: Mark Strother (2021–2022) — Interim President
- Former: Sam Lovelady (2019–2020) — Director
- Former: Tom Roach (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Cal Farley's Boys Ranch Foundation
How much does Cal Farley's Boys Ranch Foundation give each year?
Cal Farley's Boys Ranch Foundation gave $15.8M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $8.0M across 1 grant.
How large is Cal Farley's Boys Ranch Foundation?
Cal Farley's Boys Ranch Foundation reported $525.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $43.0M.
What is Cal Farley's Boys Ranch Foundation?
Cal Farley's Boys Ranch Foundation is a public charity focused on Human Services, based in Amarillo, TX. It holds $525.2M in total assets as of 2025.
Where does Cal Farley's Boys Ranch Foundation operate?
Cal Farley's Boys Ranch Foundation has awarded grants in Texas.
What is Cal Farley's Boys Ranch Foundation's EIN?
Cal Farley's Boys Ranch Foundation's EIN (Employer Identification Number) is 75-1080987. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS March 11, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS March 3, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 25, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS March 28, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS June 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS March 13, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS March 18, 2026)
- IRS filings on file for fiscal years 2019–2025
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