Teas Foundation
Teas Foundation is a private foundation, based in Amarillo, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.2M in total assets. In 2025, it awarded 3 grants totaling $73K. Net investment income was $252K.
Teas Foundation at a glance
In short: Teas Foundation gave $73K across 3 grants in 2025 (avg $24K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $72,836
- -47.3% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $24,279
- -47.3% vs 2024
- Median grant
- $24,277
- Total assets
- $3,189,350
- +4.9% vs 2024
- Primary geography
- Texas (67% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Teas Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was First United Methodist Church of Canadian ($24K). Together the top 3 received $73K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 6 grants of 12 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Teas Foundation gives
- Giving fell 74% from 2022 to 2025. Method
- In 2025 it paid out 37% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $73K (2025) to $281K (2022). In 2025 it made 3 grants totaling $73K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| First United Methodist Church of Canadian Canadian, TX | To help further the reach of the methodist church in canadian, Texas | $24,282 |
| Family Support Services of Amarillo Amarillo, TX | To further the operations of family support services of amarillo and help provide support to families in need | $24,277 |
| Salvation Army Tuscon Arizona Chapter Rancho Palos Verdes, CA | To help support the goals and work of the salvation army in the tuscon Arizona area | $24,277 |
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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 | $3,189,350 | $269,714 | $128,904 | $72,836 | 3 | $72,836 | $252,362 | $197,394 |
| 2024 | $3,039,486 | $273,347 | $195,721 | $138,248 | 3 | $138,248 | $252,598 | $185,401 |
| 2023 | $2,943,143 | $309,601 | $292,637 | $213,867 | 3 | $213,866 | $267,549 | $190,824 |
| 2022 | $2,926,179 | $477,485 | $374,937 | $281,455 | 3 | $281,455 | $408,228 | $190,329 |
| 2021 | $17,538 | $26,546 | $9,008 | — | — | — | $17,538 | — |
Under IRS private-foundation payout rules, Teas Foundation reported a distributable amount of $197K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Teas Foundation's only listed officer is Amarillo National Bank - Trust DEP, Trustee on every filing since 2021 (uncompensated).
Officers on the 2025 filing
Amarillo National Bank - Trust DEP
Trustee
On filings since 2021
3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Teas Foundation
How much does Teas Foundation give each year?
Teas Foundation gave $73K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $138K across 3 grants.
What is Teas Foundation's typical grant size?
Teas Foundation's median grant in 2025 was $24,277, and its average grant was $24,279, across 3 grants on its 2025 IRS Form 990-PF.
Where does Teas Foundation give grants?
Teas Foundation gives mostly in Texas: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (33%).
Does Teas Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Teas Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is Teas Foundation?
Teas Foundation reported $3.2M in total assets on its 2025 IRS Form 990-PF. It paid out $73K in qualifying distributions that year, against a required minimum of $197K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Teas Foundation's EIN?
Teas Foundation's EIN (Employer Identification Number) is 86-3540052. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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 May 28, 2026)
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in Teas Foundation's focus areas in our free grants database
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