Terry & Kelly Crofoot Foundation

Private foundation · Grantmaker Lubbock, TX EIN: 81-6161451

The Terry & Kelly Crofoot Foundation is a private foundation based in Lubbock, Texas. It reported 14 grants totaling $5,996,516 in 2024, supporting organizations that include education, human services, and heritage groups. Its 2025 filing reported no grants.

Key facts about Terry & Kelly Crofoot Foundation

EIN
81-6161451
Latest 990 filing
Form 990-PF, 2025
Total assets
$880
Accepts unsolicited proposals
No
How to apply
The foundation states on its 2025 IRS filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$880

-12.0% YoY

Revenue

—

-100.0% YoY

Expenses

$120

-100.0% YoY

Under IRS private-foundation payout rules, Terry & Kelly Crofoot Foundation reported a distributable amount of $46 for 2025 — the minimum it must pay out in qualifying distributions.

Is Terry & Kelly Crofoot Foundation open to new grantees?

29%

first-time grantees, 2024

In 2024, 4 of 14 grantees (29%) were first-time recipients. First grants averaged $1.5M; repeat grants $6K. How we count

Medians: $200 first-time, $5K repeat.

  • 57% of 2024 grantees were also funded in 2023. Method
  • Giving grew 2004% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grantees include organizations with varied missions. Refuge Services Inc says it works to enhance individuals’ and families’ physical, mental, and spiritual functioning. Idalou Education Foundation says it provides supplemental support and educational opportunities to students in the Idalou Independent School District. Ranching Heritage Association says it preserves and interprets the history of ranching and the livestock industry in North America.

Other listed grantees include Kansas State University Foundation, which says it secures and manages private gifts for Kansas State University; Malta Farms Inc, which says it helps people transition back into the community, mainly from jail or homelessness; and Lubbock Christian University, which describes itself as a Christ-centered academic community.

Grantmaking

In 2024, the foundation reported giving $5,996,516 through 14 grants. Listed grants include $6,250 to Refuge Services Inc, $5,000 to Kansas State University Foundation, $3,750 to Idalou Education Foundation, $1,500 to Malta Farms Inc, $1,200 to Ranching Heritage Association, and $200 to Lubbock Christian University. The 2025 filing reported zero grants.

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Geographic Focus

Where this funder awards grants

The listed 2024 grantees include organizations in Lubbock, Idalou, and Slaton, Texas, and Manhattan, Kansas.

Grant Distribution by State

7states

Cities

LubbockHoustonManhattanDallasIdalouSlatonCypressEl PasoGrapevineNeedvilleNew YorkRestonRose CitySan FranciscoValparaisoWest Springfield

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M11 grants2020 11 grants2021 14 grants2022 15 grants2023 14 grants2024 0 grants2025

From 2020 to 2024, annual grant giving ranged from $139K (2020) to $6.0M (2024). In 2024 it made 14 grants totaling $6.0M.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

54 grants across all recorded years

49<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M1$5M+

The most common grant size was under $50K: 49 grants of 54 (91%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $880 — $120 0
2024 $1,000 $187,194 $6,026,743 $5,996,516 across 14 grants
2023 $5,184,399 $527,340 $229,973 $199,150 across 15 grants
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$880$1,000$5,184,399
Revenue—$187,194$527,340
Expenses$120$6,026,743$229,973
Qualifying Distributions—$6,002,134$200,840
Net Investment Income—$153,999$172,343
Distributable Amount$46$170,134$208,208

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Terry Crofoot, Kelly Crofoot, and Jordan Stegemoller as trustees.

Terry & Kelly Crofoot Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jordan Stegemoeller

    Trustee

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Kelly Crofoot

    Trustee

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Terry Crofoot

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: PO Box 53188, Lubbock, TX 79453
Phone: (806) 798-6262

Frequently asked questions about Terry & Kelly Crofoot Foundation

How large is Terry & Kelly Crofoot Foundation?

Terry & Kelly Crofoot Foundation reported $880 in total assets on its 2025 IRS Form 990-PF.

What does Terry & Kelly Crofoot Foundation fund?

No mission statement for the foundation is provided. Its 2024 grantees include organizations with varied missions. Refuge Services Inc says it works to enhance individuals’ and families’ physical, mental, and spiritual functioning. See mission & focus areas ↑

How do I apply for a grant from Terry & Kelly Crofoot Foundation?

The foundation states on its 2025 IRS filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Terry & Kelly Crofoot Foundation make grants?

The listed 2024 grantees include organizations in Lubbock, Idalou, and Slaton, Texas, and Manhattan, Kansas.

How much is Terry & Kelly Crofoot Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Terry & Kelly Crofoot Foundation reported a distributable amount of $46 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Terry & Kelly Crofoot Foundation's EIN?

Terry & Kelly Crofoot Foundation's EIN (Employer Identification Number) is 81-6161451. IRS Form 990 filing data is available on this page for 2020–2025.

Does Terry & Kelly Crofoot Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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