Fred & Louise Joachim Foundation
Fred & Louise Joachim Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 13 grants totaling $101K. Net investment income was $63K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
+12.1% YoY
Annual Giving
$101K
+10.7% YoY
Grant Count
13
+8.3% YoY
Avg Grant Size
$8K
+2.2% YoY
Under IRS private-foundation payout rules, Fred & Louise Joachim Foundation reported a distributable amount of $182K for 2024 — the minimum it must pay out in qualifying distributions.
About Fred & Louise Joachim Foundation
Based on IRS filings
Fred & Louise Joachim Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 13 grants totaling $101K. Net investment income was $63K.
Focus Areas
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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 | $2,641,436 | $2,355,894 | $2,523,036 |
| Revenue | $430,075 | $-32,937 | $143,078 |
| Expenses | $143,579 | $133,622 | $81,774 |
| Qualifying Distributions | $101,496 | $91,650 | $38,375 |
| Net Investment Income | $62,844 | $46,566 | $24,178 |
| Distributable Amount | $181,871 | $156,056 | $153,994 |
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
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Share International ($20,000), Top of the Hill School ($20,000), Wayland Baptist University ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FATHERS IN THE FIELD PHOENIX, AZ | DONATION | $1,000 |
| I AM CHURCH FORT WORTH, TX | DONATION | $5,000 |
| JOACHIM SCHOLORSHIP FUND PLAINVIEW, TX | DONATION | $4,500 |
| LEGAL AID OF NORTH TEXAS PLAINVIEW, TX | DONATION | $500 |
| LOCKNEY VOLUNTEER FIRE DEPT LOCKNEY, TX | DONATION | $500 |
| PLAINVIEW LIONS CLUB PLAINVIEW, TX | DONATION | $1,500 |
| SAFE HAVEN BABY BOX WOODBURN, IN | DONATION | $16,496 |
| SHARE INTERNATIONAL WOLFFORTH, TX | DONATION | $20,000 |
| THE SILVER STAR ROOM PLAINVIEW, TX | DONATION | $1,000 |
| THE VINE AMARILLO, TX | DONATION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DON A WILLIAMS | TRUSTEE | 1 | — |
| MARTIN LEWIS | TRUSTEE | 1 | — |
| JIM DOUCETTE | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fred & Louise Joachim Foundation?
Fred & Louise Joachim Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. It holds $2.6M in total assets as of 2024.
How large is Fred & Louise Joachim Foundation?
As of 2024, Fred & Louise Joachim Foundation holds $2.6M in total assets with $430K in annual revenue. It awarded 13 grants totaling $101K in 2024.
Where does Fred & Louise Joachim Foundation operate?
Fred & Louise Joachim Foundation has awarded grants in Arizona, Indiana, Missouri, New York, Oklahoma, Oregon, Texas.
What size grants does Fred & Louise Joachim Foundation award?
In 2024, Fred & Louise Joachim Foundation awarded 13 grants totaling $101K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Fred & Louise Joachim Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fred & Louise Joachim Foundation reported a distributable amount of $182K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fred & Louise Joachim Foundation's EIN?
Fred & Louise Joachim Foundation's EIN (Employer Identification Number) is 75-2695806. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fred & Louise Joachim 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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