Pickering Family Foundation

Foundation · Grantmaker Lubbock, TX EIN: 20-8442734

Pickering Family 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 $12.3M in total assets. In 2024, it awarded 19 grants totaling $490K. Net investment income was $403K.

Key facts about Pickering Family Foundation

In short: Pickering Family Foundation gave $490K across 19 grants in 2024 (avg $26K), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN: 20-8442734
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $490,000
Grants made (2024): 19
Average grant: $25,789
Median grant: $10,000
Total assets: $12,331,256
Primary geography: Texas (93% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Quick answers about Pickering Family Foundation

How much does Pickering Family Foundation give each year?

Pickering Family Foundation gave $490K across 19 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $240K across 3 grants.

What is Pickering Family Foundation's typical grant size?

Pickering Family Foundation's median grant in 2024 was $10,000, and its average grant was $25,789, across 19 grants on its 2024 IRS Form 990-PF.

Where does Pickering Family Foundation give grants?

Pickering Family Foundation gives mostly in Texas: 93% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lubbock, TX (12 grants) and Fort Worth, TX (2 grants).

Does Pickering Family Foundation give general operating support?

Occasionally: 5% of Pickering Family Foundation's 2024 grants with a stated purpose (1 of 19) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Community Support" (9 grants) and "Education" (4 grants).

Who are Pickering Family Foundation's largest grantees?

Pickering Family Foundation's largest 2024 grantees include Red Raider Facilities Foundation ($200,000), Texas Tech Foundation ($70,000) and West Texas Home Builders Associatio ($25,000), according to its 2024 IRS Form 990-PF. Together they received 60% of its itemized 2024 grant dollars.

How Pickering Family Foundation gives

Giving grew 491% from 2021 to 2024. Method
In 2024 it paid out 82% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Pickering Family Foundation

How to evaluate Pickering Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Pickering Family Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.3M

+2.7% YoY

Annual Giving

$490K

+104.2% YoY

Grant Count

+533.3% YoY

Avg Grant Size

$26K

-67.8% YoY

Under IRS private-foundation payout rules, Pickering Family Foundation reported a distributable amount of $686K for 2024 — the minimum it must pay out in qualifying distributions.

About Pickering Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with Pickering Family Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $455K (93%)

Tennessee $15K (3%)

Missouri $10K (2%)

District of Columbia $10K (2%)

Share of all 19 itemized 2024 grant dollars.

States

Colorado District of Columbia Missouri Tennessee Texas Virginia

Cities

LubbockAustinFort WorthWashingtonArlingtonDallasFranklinKansas CityLakewoodWolfforth

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,331,256	$12,010,022	$3,128,033
Revenue	$471,051	$9,281,850	$113,178
Expenses	$621,755	$266,001	$203,503
Qualifying Distributions	$565,435	$256,314	$194,635
Net Investment Income	$402,684	$214,838	$109,787
Distributable Amount	$686,413	$353,474	$171,002

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

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

31 grants across all recorded years

Giving History

Grant recipients and amounts by year

Recipient	Purpose	Amount
RED RAIDER FACILITIES FOUNDATION Lubbock, TX	EDUCATION/ATHLETICS	$200,000
TEXAS TECH FOUNDATION Lubbock, TX	HEALTHCARE/MEDICAL ADVENCEMENT	$70,000
WEST TEXAS HOME BUILDERS ASSOCIATIO Lubbock, TX	VETERAN/FIRST RESPONDER SUPPORT	$25,000
HIGH POINT VILLAGE Lubbock, TX	EDUCATION	$20,000
SOUTH PLAINS FOOD BANK Lubbock, TX	COMMUNITY SUPPORT	$20,000
BOYS AND GIRLS CLUB Lubbock, TX	COMMUNITY SUPPORT	$15,000
LUBBOCK MEALS ON WHEELS Lubbock, TX	COMMUNITY SUPPORT	$15,000
FOR OTHERS Franklin, TN	COMMUNITY SUPPORT	$15,000
FELLOWSHIP OF CHRISTIAN ATHLETES Kansas City, MO	GENERAL SUPPORT	$10,000
FIRST UNITED METHODIST LUBBOCK Lubbock, TX	COMMUNITY SUPPORT	$10,000

Leadership & Key People

Officers and directors from IRS filings

Pickering Family Foundation is led by Jenea Pickering Stone, President on every filing since 2021; all 3 officers listed in 2024 are compensated.

Officers on the 2024 filing

Jenea Pickering Stone

President

On filings since 2021

12 hrs/week

$40K (2024)
Jordan Kaci Pickering

Secretary

Secretary & Treasurer → Secretary, 2024

On filings since 2021

5 hrs/week

$15K (2024)
Britlyn Ryan

Vice President

New on the 2024 filing

5 hrs/week

$15K (2024)

Former officers (4)

Former: Britlyn Pickering (2021–2023) — Vice President
Former: David Pickering (2020) — Vice President
Former: Don Pickering (2020) — President
Former: Jay Pickering (2020) — Secretary & Treasurer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Pickering Family Foundation?

Pickering Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lubbock, TX. It holds $12.3M in total assets as of 2024.

How large is Pickering Family Foundation?

As of 2024, Pickering Family Foundation holds $12.3M in total assets with $471K in annual revenue. It awarded 19 grants totaling $490K in 2024.

How much is Pickering Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pickering Family Foundation reported a distributable amount of $686K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.