Perkins-Prothro Foundation
The Perkins-Prothro Foundation is a private foundation based in Wichita Falls, Texas. In its 2025 filing, it reported 119 grants totaling $2,237,721 to charitable organizations, with most grant dollars going to recipients in Texas.
Perkins-Prothro Foundation at a glance
In short: Perkins-Prothro Foundation gave $2.2M across 119 grants in 2025 (avg $19K), mostly in Texas. 24% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,237,721
- +6.8% vs 2024
- Grants made (2025)
- 119
- -4.0% vs 2024
- Average grant
- $18,804
- +11.3% vs 2024
- Median grant
- $3,330
- Total assets
- $17,478,649
- -3.2% vs 2024
- New grantees (estimate)
- 24% first-time grantees (24 of 99, 2025)
- Primary geography
- Texas (91% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Perkins-Prothro Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 2304 Midwestern Parkway 200, Wichita Falls, TX 76308
Phone: (940) 691-7770
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Perkins-Prothro Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Presbyterian Manor ($405K across 2 grants). Together the top 10 received $1.8M.
Grant Size Distribution
622 grants across all recorded years
The most common grant size was under $50K: 585 grants of 622 (94%).
Geographic Focus
Where this funder awards grants
In 2025, 91% of grant dollars went to recipients in Texas. Other recipient states included South Carolina (3%), Florida (1%), Massachusetts (1%), and California (1%). The listed grants include substantial support for organizations in Wichita Falls and grants to organizations elsewhere in Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 119 itemized grants.
States
Cities
Is Perkins-Prothro Foundation open to new grantees?
24%
first-time grantees, 2025
In 2025, 24 of 99 grantees (24%) were first-time recipients. First grants averaged $19K; repeat grants $24K. How we count
Medians: $3K first-time, $3K repeat.
- 60% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−8%). Method
- In 2025 it paid out 130% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2.1M (2024) to $2.8M (2021). In 2025 it made 119 grants totaling $2.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Presbyterian Manor Wichita Falls, TX | Building Community One Space at a Time | $400,000 |
| Hospice of Wichita Falls Wichita Falls, TX | 3rd Installment | $333,333 |
| YMCA Wichita Falls Wichita Falls, TX | Aquatic Center | $333,333 |
| Wichita Falls Symphony Orchestra Wichita Falls, TX | Dale Prothro Piano Endowment | $187,500 |
| Wichita Falls Area Food Bank Wichita Falls, TX | James McCoy Foundation Center | $100,000 |
| Wichita Falls Symphony Orchestra Wichita Falls, TX | 25-26 Concert Sponsorship | $75,000 |
| First United Methodist Church Wichita Falls, TX | 2025 Budget | $68,500 |
| Wichita Falls Symphony Orchestra Wichita Falls, TX | 2025 Annual Fund | $57,500 |
| Southern Methodist University Dallas, TX | Turner Scholars | $50,000 |
| Clemson University Clemson, SC | Philbin Family Scholarship Endowment | $47,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $17,478,649 | $2,173,860 | $2,756,976 | $2,237,721 | 119 | $2,323,208 | $1,785,110 | $1,791,334 |
| 2024 | $18,061,765 | $3,476,701 | $2,610,240 | $2,095,086 | 124 | $2,191,932 | $3,097,800 | $1,711,288 |
| 2023 | $17,195,304 | $2,785,529 | $3,040,368 | $2,579,672 | 105 | $2,666,670 | $2,452,229 | $1,562,678 |
| 2022 | $17,450,143 | $2,917,035 | $2,924,266 | $2,429,153 | 135 | $2,515,824 | $2,619,009 | $1,619,442 |
| 2021 | $17,457,374 | $3,280,517 | $3,296,390 | $2,839,704 | 139 | $2,923,283 | $2,928,424 | $1,722,985 |
| 2020 | $17,473,245 | $2,417,592 | $2,700,710 | $2,311,605 | 133 | — | $2,109,776 | $1,371,294 |
Under IRS private-foundation payout rules, Perkins-Prothro Foundation reported a distributable amount of $1.8M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for organizations working in senior care, hospice, symphonic music, hunger relief, education, faith communities, and community facilities.
Grantees describe their work in their own terms. Presbyterian Manor says its mission is to provide high-quality care for seniors in North Texas, and Hospice of Wichita Falls says it provides care, hope, and support when illness threatens life. The Wichita Falls Symphony Orchestra says it promotes symphonic music to enrich, educate, and entertain diverse audiences in the Texoma community through concerts and educational programs. The Wichita Falls Area Food Bank describes its mission as strengthening communities to fight hunger with food, education, and advocacy. Southern Methodist University describes its primary mission as education through research and teaching.
Grantmaking
In 2025, the foundation made 119 grants totaling $2,237,721. Grants ranged from $85 to $400,000, with a median grant of $3,330. The largest awards included $400,000 to Presbyterian Manor for “Building Community One Space at a Time,” $333,333 to Hospice of Wichita Falls for a “3rd Installment,” and $333,333 to YMCA Wichita Falls for an “Aquatic Center.” Other large grants included $187,500 to the Wichita Falls Symphony Orchestra for the Dale Prothro Piano Endowment and $100,000 to the Wichita Falls Area Food Bank for the James McCoy Foundation Center.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists K Elizabeth Yeager as President, Charlotte P Philbin as V-President, David H Prothro as Treasurer, Cindy James as Secretary, James P Prothro and Kathryn R Prothro as Directors, Lara Herreid as Director, and Kathryn P Yeager as Past President.
Perkins-Prothro Foundation is led by Charlotte P Philbin, V-President since 2024 (on filings since 2020); 7 of 8 officers listed in 2025 are compensated.
Officers on the 2025 filing
Charlotte P Philbin
V-President
Director → V-President, 2024
On filings since 2020
10 hrs/week
$6K (2020) → $6K (2025)
K Elizabeth Yeager
President
V-President & Secretary → President, 2025
On filings since 2020
40 hrs/week
$16K (2020) → $38K (2025)
James P Prothro
Director
On filings since 2024
10 hrs/week
$6K (2024) → $6K (2025)
Kathryn R Prothro
Director
On filings since 2024
10 hrs/week
$6K (2024) → $6K (2025)
Lara Herreid
Director
New on the 2025 filing
10 hrs/week
$2K (2025)
Kathryn P Yeager
Past President
President → Past President, 2025
On filings since 2020
10 hrs/week
$48K (2020) → $20K (2025)
Cindy James
Secretary
New on the 2025 filing
10 hrs/week
$2K (2025)
David H Prothro
Treasurer
Director → Treasurer, 2024
On filings since 2020
10 hrs/week
No compensation reported
Former officers (1)
- Former: Mark H Prothro (2020–2023) — V-President & Treasurer
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $38K, to K Elizabeth Yeager (President). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Perkins-Prothro Foundation
How much does Perkins-Prothro Foundation give each year?
Perkins-Prothro Foundation gave $2.2M across 119 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.1M across 124 grants.
What is Perkins-Prothro Foundation's typical grant size?
Perkins-Prothro Foundation's median grant in 2025 was $3,330, and its average grant was $18,804, across 119 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Perkins-Prothro Foundation that year got $19K on average.
Where does Perkins-Prothro Foundation give grants?
Perkins-Prothro Foundation gives mostly in Texas: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Dallas, TX (40 grants), Wichita Falls, TX (34 grants), Austin, TX (6 grants) and Vero Beach, FL (6 grants).
Does Perkins-Prothro Foundation give general operating support?
Occasionally: 8% of Perkins-Prothro Foundation's 2025 grants with a stated purpose (10 of 119) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Contribution" (43 grants) and "Membership" (3 grants).
Who are Perkins-Prothro Foundation's largest grantees?
Perkins-Prothro Foundation's largest 2025 grantees include Presbyterian Manor ($404,550 across 2 grants), Hospice of Wichita Falls ($340,033 across 4 grants) and YMCA Wichita Falls ($333,333), according to its 2025 IRS Form 990-PF. Together they received 48% of its itemized 2025 grant dollars.
How large is Perkins-Prothro Foundation?
Perkins-Prothro Foundation reported $17.5M in total assets on its 2025 IRS Form 990-PF. It paid out $2.3M in qualifying distributions that year, against a required minimum of $1.8M (roughly 5% of its investment assets).
What does Perkins-Prothro Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for organizations working in senior care, hospice, symphonic music, hunger relief, education, faith communities, and community facilities. See mission & focus areas ↑
How do I apply for a grant from Perkins-Prothro Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Perkins-Prothro Foundation's EIN?
Perkins-Prothro Foundation's EIN (Employer Identification Number) is 75-1247407. IRS Form 990 filing data is available on this page for 2020–2025.
Does Perkins-Prothro Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 4, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Perkins-Prothro Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/perkins-prothro-foundation-morg_7d54deb77be54f008df5857f35f7e8f3
BibTeX
@misc{grantable_751247407_2026,
author = {{Grantable}},
title = {{Perkins-Prothro Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/perkins-prothro-foundation-morg_7d54deb77be54f008df5857f35f7e8f3},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Perkins-Prothro Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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