Snell Charitable Foundation Inc

VERNON, TX EIN: 75-2707017

Snell Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERNON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 14 grants totaling $202K. Net investment income was $271K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

+3.1% YoY

Annual Giving

$202K

+7.5% YoY

Grant Count

14

+16.7% YoY

Avg Grant Size

$14K

-7.9% YoY

Under IRS private-foundation payout rules, Snell Charitable Foundation Inc reported a distributable amount of $278K for 2024 — the minimum it must pay out in qualifying distributions.

About Snell Charitable Foundation Inc

Based on IRS filings

Snell Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERNON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 14 grants totaling $202K. Net investment income was $271K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

LubbockNashvilleStaten IslandVernonWichita Falls

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$86K$172K$258K$344K20202021202220232024
Metric202420232022
Total Assets$2,402,936$2,330,404$2,383,545
Revenue$312,825$171,864$234,206
Expenses$243,300$223,313$208,947
Qualifying Distributions$201,500$189,628$170,500
Net Investment Income$271,025$140,314$196,560
Distributable Amount$278,062$255,469$247,073

Giving Over Time

Total grant dollars and number of grants per year

$0$51K$103K$154K$205K14 grants202013 grants202113 grants202212 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Boys & Girls Club of Ver…$50KLubbock EntertainmentPer…$25KRed River Valley Museum$25KTexoma Alliance to Stop …$20KWichit Falls Area Food B…$20KMeals on Wheels$10KVernon College Foundation$10KFaith Refuge - Wichita F…$8KRathgerber Hospitality H…$8KTunnel to Towers$8K

Grant Size Distribution

66 grants across all recorded years

63<$50K3$50–100K$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 Boys & Girls Club of Vernon ($50,000), Lubbock EntertainmentPerforming Arts Association ($25,000), Red River Valley Museum ($25,000).

RecipientPurposeAmount
Boys & Girls Club of Vernon Vernon, TXTo further the exempt purpose of the entity$50,000
Faith Refuge - Wichita Falls Faith Mission Wichita Falls, TXTo further the exempt purpose of the entity$7,500
Interfaith Ministries Inc Wichita Falls, TXTo further the exempt purpose of the entity$5,000
Lubbock EntertainmentPerforming Arts Association Lubbock, TXTo further the exempt purpose of the entity$25,000
Meals on Wheels Vernon, TXTo further the exempt purpose of the entity$10,000
Rathgerber Hospitality House Wichita Falls, TXTo further the exempt purpose of the entity$7,500
Red River Valley Museum Vernon, TXTo further the exempt purpose of the entity$25,000
River Bend Nature Center Wichita Falls, TXTo further the exempt purpose of the entity$6,500
Texoma Alliance to Stop Abuse Vernon, TXTo further the exempt purpose of the entity.$20,000
Vernon College Foundation Vernon, TXTo further the exempt purpose of the entity$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Ann S BumsteadSec.-Treasurer5
Sara Jane WoodFirst V. P.
Robert D SnellPresident

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Snell Charitable Foundation Inc?

Snell Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERNON, TX. It holds $2.4M in total assets as of 2024.

How large is Snell Charitable Foundation Inc?

As of 2024, Snell Charitable Foundation Inc holds $2.4M in total assets with $313K in annual revenue. It awarded 14 grants totaling $202K in 2024.

Where does Snell Charitable Foundation Inc operate?

Snell Charitable Foundation Inc has awarded grants in New York, Tennessee, Texas.

What size grants does Snell Charitable Foundation Inc award?

In 2024, Snell Charitable Foundation Inc awarded 14 grants totaling $202K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is Snell Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Snell Charitable Foundation Inc reported a distributable amount of $278K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Snell Charitable Foundation Inc's EIN?

Snell Charitable Foundation Inc's EIN (Employer Identification Number) is 75-2707017. IRS Form 990 filing data is available on this page for 2020–2024.

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

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