M K Brown Foundation Inc

PAMPA, TX EIN: 75-6034058

M K Brown Foundation Inc. is a private independent foundation established in 1960 and located in Pampa, Texas. The foundation operates as a 501(c)(3) organization with tax-deductible contributions. It serves as a grantmaking foundation supporting charitable causes primarily in the Texas Panhandle region.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.0M

+38.0% YoY

Annual Giving

$494K

+109.3% YoY

Grant Count

31

+47.6% YoY

Avg Grant Size

$16K

+41.8% YoY

Under IRS private-foundation payout rules, M K Brown Foundation Inc reported a distributable amount of $376K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's official purpose and activities include support for camps, school-related activities, and historical sites and records. Primary funding interests encompass:

  • Social and Human Services (37% of recent giving)
  • Health (15% of recent giving)
  • Education (13% of recent giving)
  • Arts and Christian initiatives
  • Other charitable causes

Grantmaking

No specific application deadlines are published. Applicants must contact the foundation directly for application details and procedures.

Average Grant

amount: approximately $9,000

Review Cycle

are published. Applicants must contact the foundation directly for application details and procedures.

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation concentrates its giving in Texas, with 95% of grants staying within the state. Primary focus areas include the Texas Panhandle, with emphasis on Gray County and Pampa. Grantmaking reaches organizations across Texas, Oklahoma, and Kansas, with 99% of all grants supporting organizations in these three states.

Grant Distribution by State

4states

Cities

AbileneAmarilloArlingtonAustinBorgerCanyonClarendonCorpus ChristiCorsicanaDentonFt CollinsGainesvilleGarden CityHedleyHuntsvilleLubbockMcleanMobeetieNormanOklahoma City

Financial History

Multi-year comparison from IRS filings

Assets & Income (as of December 2023):

  • Total assets: $7,220,753
  • Total revenues: $218,598
  • Investment income and dividends: $176,053
  • Miscellaneous revenues: $105,148
  • Total expenses: $365,457

Revenue Composition (2023):

  • Investment income and dividends: $176,053
  • Net gain/loss from sale of non-inventory assets: -$62,603
  • Miscellaneous revenues: $105,148

Historical Asset Growth: Total assets have grown from $5.9 million in 2011 to $7.2 million in 2023.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$212K$424K$637K$849K20202021202220232024
Metric202420232022
Total Assets$9,964,382$7,220,753$6,631,362
Revenue$321,274$218,598$598,962
Expenses$639,700$365,457$394,125
Qualifying Distributions$493,625$235,800$260,181
Net Investment Income$153,571$106,556$378,856
Distributable Amount$376,243$337,579

Giving Over Time

Total grant dollars and number of grants per year

$0$123K$247K$370K$494K32 grants202033 grants202133 grants202221 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PAMPA YOUTH AND COMMUNIT…$200KTHE PANHANDLE GIVES$60KGOLDEN SPREAD COUNCIL BO…$40KPAMPA SENIOR CITIZENS$20KGIRL SCOUTS OF TEXAS OKL…$20KWEST TEXAS A M UNIVERSITY$18KTEXAS TECH UNIVERSITY$15KHIGH PLAINS FOOD BANK$15KST MATTHEWS EPISCOPAL$14KGOOD SAMARITAN CHRISTIAN…$10K

Grant Size Distribution

150 grants across all recorded years

145<$50K4$50–100K1$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 Pampa Youth and Community Center ($200,000), The Panhandle Gives ($60,000), Golden Spread Council Boy Scouts ($40,000).

RecipientPurposeAmount
THE AMARILLO SYMPHONY AMARILLO, TXPROGRAM SUPPORT$2,500
CLARENDON COLLEGE PAMPA CENTER PAMPA, TXSCHOLARSHIPS$2,500
DONLEY COUNTY SENIOR CITIZENS CLARENDON, TXPURCHASE OPERATING EQUIPMENT$5,000
GOLDEN SPREAD COUNCIL BOY SCOUTS AMARILLO, TXOPERATING EXPENSES & SEPTIC SYSTEMS$40,000
GOOD SAMARITAN CHRISTIAN SERVICES PAMPA, TXFOOD FOR PROGRAMS$10,000
PAMPA ISD PAMPA, TXCHOIR COSTUMES FOR MUSICAL$5,000
PAMPA MEALS ON WHEELS PAMPA, TXPROGRAM SUPPORT$10,000
PAMPA SENIOR CITIZENS PAMPA, TXOPERATIONS & EQUIPMENT PURCHASE$20,000
SALVATION ARMY PAMPA, TXELECTRICAL REPAIRS$5,000
ST MATTHEWS EPISCOPAL PAMPA, TXOPERATION$14,125

Leadership & Key People

Leadership team and compensation from IRS filings

  • Leland W Waters - Chairman
  • Doug Carmichael - Vice Chairman
  • Bill Waters - Principal Officer
  • Ja Johnson - Secretary Treasurer
  • Diane Waters - Assistant Secretary Treasurer

Compensation Overview

From 2024 IRS filing

DIANE WATERSASST SEC/TREAS$22KLELAND W WATERSChairman$15K

From 2024 filing

NameTitleHoursCompensation
LELAND W WATERSChairman10$15,000
DOUG CARMICHAELVICE CHMN
JA JOHNSONSEC/TREAS
DIANE WATERSASST SEC/TREAS20$22,000

Contact Information

Address: PO Box 581 Pampa, TX 79066-0581

Phone: 806-669-6890

EIN: 75-6034058

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does M K Brown Foundation Inc fund?

The foundation's official purpose and activities include support for camps, school-related activities, and historical sites and records. Primary funding interests encompass: • Social and Human Services (37% of recent giving) • Health (15% of recent giving) • Education (13% of recent giving) • Arts and Christian initiatives • Other charitable causes

How do I apply for a grant from M K Brown Foundation Inc?

**Grant Activity:** • Total giving reported at $235,800 in the most recent year (2023) • Historical grants have ranged from $1,000 to $60,000 • Average grant amount: approximately $9,000 • Median grant amount: $5,000 • The foundation has made 87 grants totaling $770,000 across available records • Annual distributions have ranged between $236,000 and $273,000 from 2020 to 2023 **Recent Grants (2023):** • Golden Spread Council: $50,000 (Operating Expenses & Septic Systems) • Good Samaritan Christ…

Where does M K Brown Foundation Inc make grants?

The foundation concentrates its giving in Texas, with 95% of grants staying within the state. Primary focus areas include the Texas Panhandle, with emphasis on Gray County and Pampa. Grantmaking reaches organizations across Texas, Oklahoma, and Kansas, with 99% of all grants supporting organizations in these three states.

What size grants does M K Brown Foundation Inc award?

In 2024, M K Brown Foundation Inc awarded 31 grants totaling $494K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is M K Brown Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, M K Brown Foundation Inc reported a distributable amount of $376K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is M K Brown Foundation Inc's EIN?

M K Brown Foundation Inc's EIN (Employer Identification Number) is 75-6034058. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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