Justin and Kelly Webb Foundation
Justin and Kelly Webb Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKWALL, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $981K in total assets. In 2024, it awarded 6 grants totaling $63K. Net investment income was $41K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$981K
-2.3% YoY
Annual Giving
$63K
+84.7% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$11K
-7.7% YoY
Under IRS private-foundation payout rules, Justin and Kelly Webb Foundation reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
About Justin and Kelly Webb Foundation
Based on IRS filings
Justin and Kelly Webb Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKWALL, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $981K in total assets. In 2024, it awarded 6 grants totaling $63K. Net investment income was $41K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $981,064 | $1,003,716 | $999,740 |
| Revenue | $43,358 | $37,966 | $1,000,000 |
| Expenses | $66,010 | $34,250 | $260 |
| Qualifying Distributions | $63,250 | $34,250 | $260 |
| Net Investment Income | $41,158 | $37,966 | — |
| Distributable Amount | $48,568 | $48,615 | $202 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include 1984 Aaa Corp ($25,000), Texas Valor Project ($15,250), Rockwall Women's League ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RHHS SENIOR PARENT BOOSTER CLUB HEATH, TX | SUPPORT | $1,000 |
| ROCKWALL WOMEN'S LEAGUE ROCKWALL, TX | SUPPORT | $12,000 |
| TEXAS VALOR PROJECT ROCKWALL, TX | SUPPORT | $15,250 |
| TEXAS A&M FOUNDATION COLLEGE STATION, TX | SUPPORT | $5,000 |
| 1984 AAA CORP COLLEGE STATION, TX | SUPPORT | $25,000 |
| TEXAS HEALTH RESOURCES FOUNDATION ARLINGTON, TX | SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JUSTIN WEBB | PRESIDENT | 1 | — |
| KELLY WEBB | BOARD MEMBER | 1 | — |
| JAMES D WEBB | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Justin and Kelly Webb Foundation?
Justin and Kelly Webb Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKWALL, TX. It holds $981K in total assets as of 2024.
How large is Justin and Kelly Webb Foundation?
As of 2024, Justin and Kelly Webb Foundation holds $981K in total assets with $43K in annual revenue. It awarded 6 grants totaling $63K in 2024.
Where does Justin and Kelly Webb Foundation operate?
Justin and Kelly Webb Foundation has awarded grants in Texas.
What size grants does Justin and Kelly Webb Foundation award?
In 2024, Justin and Kelly Webb Foundation awarded 6 grants totaling $63K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Justin and Kelly Webb Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Justin and Kelly Webb Foundation reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Justin and Kelly Webb Foundation's EIN?
Justin and Kelly Webb Foundation's EIN (Employer Identification Number) is 92-1535577. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Justin and Kelly Webb 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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