Randolph Foundation for Higher is a private foundation focused on Education, based in LUBBOCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $63.4M in total assets. In 2024, it awarded 1 grants totaling $1.0M. Net investment income was $518K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$63.4M
-8.0% YoY
Annual Giving
$1.0M
+8990.9% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$1.0M
+27172.7% YoY
About Randolph Foundation for Higher
Based on IRS filings
Randolph Foundation for Higher is a private foundation focused on Education, based in LUBBOCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $63.4M in total assets. In 2024, it awarded 1 grants totaling $1.0M. Net investment income was $518K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $63,428,559 | $68,916,597 | $46,691,561 |
| Revenue | $612,566 | $985,544 | $232,829 |
| Expenses | $1,112,942 | $51,709 | $29,064 |
| Qualifying Distributions | $1,000,000 | $11,000 | $5,000 |
| Net Investment Income | $518,314 | $826,192 | $197,565 |
| Distributable Amount | $296,544 | $259,961 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NICK D RANDOLPH | Director | 2 | $600 |
| DAWNA L RANDOLPH | Director | 2 | $1,200 |
| DOUG E RANDOLPH | Director | 2 | — |
| TROY RANDOLPH | Director | 2 | $1,200 |
| KAREN LEANN RANDOLPH | Director | 2 | $600 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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