San Angelo Area Foundation logo

San Angelo Area Foundation

SAN ANGELO, TX EIN: 73-1634145 Website

The San Angelo Area Foundation is a community foundation based in San Angelo, Texas, serving as a 501(c)(3) publicly supported charitable organization. Established in 2002 with an initial $1 million grant from the San Angelo Health Foundation, the foundation prudently manages endowed gifts to match donor interests with community needs. The organization operates with a staff of approximately 8-9 employees and is governed by a local Board of Directors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$273.2M

+13.2% YoY

Annual Giving

$10.0M

+37.0% YoY

Grant Count

158

+1.9% YoY

Avg Grant Size

$64K

+34.4% YoY

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

Mission & Focus Areas

The foundation's mission is to build a legacy of philanthropy by attracting and managing endowed gifts to address regional needs. The foundation provides grants to qualified organizations, including governmental entities, universities, and religious groups, for charitable purposes.

Primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Arts & Culture
  • Health

Grantmaking

Typical awards range from $5,005 to $1,484,739, with a median grant amount of $18,000. Historical data shows the foundation awarded 155 grants in 2023 with a median of $18,000 per grant.

Grant Range

& Typical Awards:**

Review Cycle

, and awards are announced in December.

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Geographic Focus

Where this funder awards grants

The foundation serves 17 counties in the San Angelo, Texas area, with primary focus on Texas, though giving also extends to Tennessee and Mississippi.

Grant Distribution by State

21states
+13 more states

Cities

AbileneAmarilloAustinBallingerBanderaBangsBloomingtonBradyBronteBrownwoodBryanCarrolltonChristovalCollege StationColorado SpringsCrossvilleDaculaDallasEldoradoFort Worth

Financial History

Multi-year comparison from IRS filings

Current Financial Position (2024):

  • Total Assets: $273,249,935
  • Total Giving: $18,485,426
  • Total Revenues: $41,540,168
  • Total Expenses: $20,680,733

Historical Assets (2023):

  • Total Assets: $241.4 million
  • Total Giving: $7.3 million

Growth & History: Over its first twenty years, the foundation received more than $286 million in donations from over 5,000 donors, created more than 445 funds, and awarded over $150 million in grants.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12M$23M$35M$46M20202021202220232024
Metric202420232022
Total Assets$273,249,935$241,441,918$205,097,187
Revenue$41,540,168$25,016,285$36,626,933
Expenses$20,680,733$15,433,939$13,249,615
Qualifying Distributions
Net Investment Income$14,873,259$7,344,903$1,603,056
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$6M$9M$12M174 grants2020124 grants2021142 grants2022155 grants2023158 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

APOLOGETICS PRESS$210KCHILDREN'S ADVOCACY CENT…$191KANGLICAN CHURCH OF THE G…$125KCONCHO VALLEY REGIONAL F…$122KCONCHO VALLEY TURNING PO…$119KALL-TEX SPLASH PADS$106KARMS OF HOPE$100KBOYS & GIRLS CLUB OF SAN…$87KBALLET SAN ANGELO$78KCRITTER SHACK RESCUE$71K

Grant Size Distribution

250 grants across all recorded years

194<$50K29$50–100K19$100–250K4$250–500K2$500K–1M2$1–5M$5M+

Open Grants

3 open opportunities from San Angelo Area Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by President & CEO Matt Lewis.

Compensation Overview

From 2024 IRS filing

MATT LEWISPRESIDENT & CEO$499KBRIANNE KILLAMCFO$122KJANET KARCHERMARKETING VP$122K

From 2024 filing

NameTitleHoursCompensation
JAY BOYDCHAIR2
PATRICK SHANNONVICE CHAIRMAN2
BRADY JOHNSONSECRETARY/TREASURER2
CAMILLE YALEPAST CHAIR2
JON BAILEYEXECUTIVE COMMITTEE2
MARY BOSTERBOARD MEMBER2
JEFFREY BOZEMANBOARD MEMBER2
SHARANDA EL MASRIBOARD MEMBER2
RONNIE D HAWKINS JRBOARD MEMBER2
FLOR LEOSBOARD MEMBER2
SHELLEY NEWBOARD MEMBER2
CARLOS ROBLEDOBOARD MEMBER2
GAYLA THORNTONBOARD MEMBER2
DREW WALLACEBOARD MEMBER2
TROYCE WILCOXBOARD MEMBER2
MATT LEWISPRESIDENT & CEO40$499,240
BRIANNE KILLAMCFO40$122,000
JANET KARCHERMARKETING VP40$122,000

Recent News & Activity

Recent developments and announcements

2025

The foundation demonstrated commitment to emergency response during 2025 flood relief efforts in the community. The foundation continues to distribute over $5 million annually in grants and maintains an active scholarship program alongside its general grantmaking activities.

San Angelo Area Foundation awards $225K in grants for ...

Subject Areas

Focus areas based on grantmaking activity

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

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