Leila E Webb - Crat

LUBBOCK, TX EIN: 90-0105575

Leila E Webb - Crat is a private foundation, based in LUBBOCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $539K in total assets. In 2024, it awarded 2 grants totaling $32K. Net investment income was $18K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$539K

-3.8% YoY

Annual Giving

$32K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$16K

+0.0% YoY

Under IRS private-foundation payout rules, Leila E Webb - Crat reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

About Leila E Webb - Crat

Based on IRS filings

Ready to take the next step with Leila E Webb - Crat?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $164K (100%)

States

Texas

Cities

MerkelSweetwater

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$539,139	$560,657	$573,791
Revenue	$22,770	$31,513	$46,437
Expenses	$44,288	$44,647	$46,316
Qualifying Distributions	$38,569	$38,521	$39,022
Net Investment Income	$17,652	$25,963	$39,588
Distributable Amount	$42,126	$40,253	$41,455

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First United Methodist Church ($16,000), Butman Methodist Camp ($16,000).

Recipient	Purpose	Amount
FIRST UNITED METHODIST CHURCH SWEETWATER, TX	REQUIRED DISTRIBUTION TO RELIGIOUS ORGANIZATION ACCORDING TO THE TERMS OF THE TRUST INSTRUMENT.	$16,000
BUTMAN METHODIST CAMP MERKEL, TX	REQUIRED DISTRIBUTION TO RELIGIOUS ORGANIZATION ACCORDING TO THE TERMS OF THE TRUST INSTRUMENT.	$16,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SOUTHWEST BANK	Trustee	2	$9,838

Frequently Asked Questions

How large is Leila E Webb - Crat?

As of 2024, Leila E Webb - Crat holds $539K in total assets with $23K in annual revenue. It awarded 2 grants totaling $32K in 2024.

Where does Leila E Webb - Crat operate?

Leila E Webb - Crat has awarded grants in Texas.

What size grants does Leila E Webb - Crat award?

In 2024, Leila E Webb - Crat awarded 2 grants totaling $32K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Leila E Webb - Crat required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Leila E Webb - Crat reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.