Crofoot Family Foundation

LUBBOCK, TX EIN: 93-4952569

Crofoot Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 22 grants totaling $163K. Net investment income was $52K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.3M

Annual Giving

$163K

Grant Count

22

Avg Grant Size

$7K

Under IRS private-foundation payout rules, Crofoot Family Foundation reported a distributable amount of $95K for 2024 — the minimum it must pay out in qualifying distributions.

About Crofoot Family Foundation

Based on IRS filings

Crofoot Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 22 grants totaling $163K. Net investment income was $52K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

ArlingtonBooneEmporiaGrapevineHoustonImperialLubbockManhattanNeedvilleRansom CanyonRose CitySlatonWest Springfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$7M20232024
Metric20242023
Total Assets$5,297,851
Revenue$6,167,795
Expenses$178,452
Qualifying Distributions$165,539
Net Investment Income$51,609
Distributable Amount$94,544

Giving Over Time

Total grant dollars and number of grants per year

$0$41K$82K$122K$163K0 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

TEXAS TECH UNIVERSITY HE…$30KTEXAS TECH FOUNDATION$27KKANSAS STATE UNIVERSITY …$25KFACES$25KCOVENANT HEALTH FOUNDATION$24KSCIENCE SPECTRUM$10KGRACE$5KSTABLE - SPIRIT$3KTERRY & KELLY CROFOOT FO…$2KBATTLESHIP TEXAS FOUNDAT…$1K

Grant Size Distribution

22 grants across all recorded years

22<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Texas Tech University Health Sciences Center (ttuhsc) ($30,000), Texas Tech Foundation ($26,500), Kansas State University Foundation ($25,250).

RecipientPurposeAmount
BATTLESHIP TEXAS FOUNDATION HOUSTON, TXGENERAL SUPPORT$1,000
BREEDLOVE FOODS INC LUBBOCK, TXGENERAL SUPPORT$1,000
CHASE CO HISTORICAL IMPERIAL, NEGENERAL SUPPORT$1,000
COVENANT HEALTH FOUNDATION LUBBOCK, TXCOVID OPS SUPPORT$24,000
EMPORIA COMMUNITY EMPORIA, KSGENERAL SUPPORT$1,000
FACES WEST SPRINGFIELD, MAGENERAL SUPPORT$25,000
GRACE GRAPEVINE, TXFOOD PANTRY & COMMUNITY SUPPORT$5,000
KANSAS STATE UNIVERSITY FOUNDATION MANHATTAN, KSGENERAL SUPPORT$25,250
MALTA FARMS SLATON, TXGENERAL SUPPORT$500
MEALS ON WHEELS ARLINGTON, VAGENERAL SUPPORT$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TERRY CROFOOTPRESIDENT1
KELLY CROFOOTVICE PRESIDENT0.1
JORDAN STEGEMOELLERSECRETARY/TREASURER0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Crofoot Family Foundation?

Crofoot Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. It holds $5.3M in total assets as of 2024.

How large is Crofoot Family Foundation?

As of 2024, Crofoot Family Foundation holds $5.3M in total assets with $6.2M in annual revenue. It awarded 22 grants totaling $163K in 2024.

Where does Crofoot Family Foundation operate?

Crofoot Family Foundation has awarded grants in Kansas, Massachusetts, North Carolina, Nebraska, Texas, Virginia.

What size grants does Crofoot Family Foundation award?

In 2024, Crofoot Family Foundation awarded 22 grants totaling $163K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Crofoot Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Crofoot Family Foundation reported a distributable amount of $95K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Crofoot Family Foundation's EIN?

Crofoot Family Foundation's EIN (Employer Identification Number) is 93-4952569. IRS Form 990 filing data is available on this page for 2023–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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