The Cash Family Foundation, also known as The Don Kay Clay Cash Foundation, is a private 501(c)(3) grantmaking foundation established in 1997 and based in Lubbock, Texas. The foundation operates as a family foundation with a focus on philanthropic giving aligned with West Texas values.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.0M
+0.8% YoY
Annual Giving
$1.1M
-25.0% YoY
Grant Count
32
+18.5% YoY
Avg Grant Size
$35K
-36.7% YoY
Mission & Focus Areas
The foundation's giving priorities center on:
- Education
- Science and STEM education
- Philanthropy, voluntarism, and grantmaking
- Human services
The foundation's approach to philanthropy is inspired by the values of the American West and rural ranching communities, emphasizing honesty, hard work, and generosity.
Grantmaking
Grant Range
s:** Typical awards range from $1,000 to $350,000.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, Georgia, and the District of Columbia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $17,009,599
- Total revenue: $1,470,000
- Total expenses: $1,330,000
- Total liabilities: $0
As of 2023:
- Total assets: $16,871,367
- Total revenue: $705,928
- Total expenses: $1,701,675
- Investment income and dividends: $579,887
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,009,599 | $16,871,367 | $17,596,430 |
| Revenue | $1,470,723 | $705,928 | $-1,558,218 |
| Expenses | $1,332,491 | $1,701,675 | $1,628,483 |
| Qualifying Distributions | $1,277,429 | $1,647,087 | $1,557,860 |
| Net Investment Income | $1,310,159 | $595,304 | $439,518 |
| Distributable Amount | $1,028,000 | $956,637 | $1,041,431 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
115 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key family members involved with the foundation include:
- Don Cash – Founder, Texas Tech alumnus (bachelor's degree in industrial engineering, late 1960s), grew up in McLean, Texas in a ranching family
- Kay Cash – Co-founder, Texas Tech alumna (bachelor's degree in elementary education, late 1960s)
- Clay Cash – Son, Texas Tech alumnus (bachelor's degree in business management, 1997), involved in foundation operations
- Ashley Cash – Spouse of Clay Cash
Roy Don Cash is listed as a trustee of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CLAY COLLIN CASH | PRESIDENT DI | 5 | $34,000 |
| ASHLEY B CASH | VP/DIRECTOR | 5 | $34,000 |
| SHELDON BURLESON | SEC/TREAS/DI | 5 | $34,000 |
Contact Information
- Address: 7717 Milwaukee Ave Ste 500-402, Lubbock, TX 79424-0685
- Telephone: 806-744-3333
- EIN: 84-1381970
- Tax-exempt status: Since July 1997
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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