The Raymond E and Bettye C

Foundation · Grantmaker Amarillo, TX EIN: 71-0933431

The Raymond E and Bettye C is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Amarillo, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $218K in total assets. In 2025, it awarded 8 grants totaling $13K. Net investment income was $8K.

Key facts about The Raymond E and Bettye C

In short: The Raymond E and Bettye C gave $13K across 8 grants in 2025 (avg $2K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
71-0933431
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$13,221
Grants made (2025)
8
Average grant
$1,653
Median grant
$1,000
Total assets
$218,191
Primary geography
Texas (57% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$218K

-10.8% YoY

Annual Giving

$13K

-7.3% YoY

Grant Count

8

+0.0% YoY

Avg Grant Size

$2K

-7.3% YoY

Under IRS private-foundation payout rules, The Raymond E and Bettye C reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.

How The Raymond E and Bettye C gives

  • Giving held roughly steady from 2022 to 2025 (−6%). Method
  • In 2025 it paid out 135% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 8 itemized 2025 grant dollars.

Cities

PampaAmarilloCincinnatiHillsdalePasadenaTuscaloosaAustinSpringfieldNW WashingtonKerrvilleRaleigh

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K10 grants20209 grants202110 grants20228 grants20238 grants20248 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

The Hill Country's Community Foundation: $5KThe Hill Country's CommunityFoundation$5KDisabled American Veterans: $2KDisabled American Veterans$2KSoldiers Angels: $2KSoldiers Angels$2KSt Matthews Episcopal: $1KSt Matthews Episcopal$1KHillsdale College: $900Hillsdale College$900Honor Flight - America Supports You - Texas: $900Honor Flight - AmericaSupports You - Texas$900VFW Post 1657: $500VFW Post 1657$500DCH Foundation: $200DCH Foundation$200

Grant Size Distribution

43 grants across all recorded years

43<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
THE HILL COUNTRY'S COMMUNITY FOUNDATION Kerrville, TXGENERAL OPERATIONS$5,000
DISABLED AMERICAN VETERANS Cincinnati, OHGENERAL OPERATIONS$2,421
SOLDIERS ANGELS Pasadena, CAGENERAL OPERATIONS$2,200
ST MATTHEWS EPISCOPAL Pampa, TXGENERAL OPERATIONS$1,100
HILLSDALE COLLEGE Hillsdale, MIGENERAL OPERATIONS$900
HONOR FLIGHT - AMERICA SUPPORTS YOU - TEXAS Amarillo, TXGENERAL OPERATIONS$900
VFW POST 1657 Pampa, TXGENERAL OPERATIONS$500
DCH FOUNDATION Tuscaloosa, ALGENERAL OPERATIONS$200

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K202020212022202320242025
Metric202520242023
Total Assets$218,191$244,562$258,426
Revenue$-2,110$10,517$17,145
Expenses$24,257$23,375$16,557
Qualifying Distributions$13,221$14,259$10,431
Net Investment Income$7,566$11,787$17,637
Distributable Amount$9,777$10,221$12,259

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 14, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Raymond E and Bettye C is led by Raymond E. Reid II, President & Director on every filing since 2020; all 4 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Raymond E. Reid II

    President & Director

    On filings since 2020

    1 hr/week

    $1K (2020) → $2K (2025)

  • Diane Reid

    Secretary & Director

    On filings since 2020

    1 hr/week

    $1K (2020) → $2K (2025)

  • Shelley Reid

    Treasurer & Director

    On filings since 2020

    1 hr/week

    $1K (2020) → $2K (2025)

  • Lawrence J. Klem

    Manager

    On filings since 2020

    1 hr/week

    $2K (2025)

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.

Compensation Overview

From 2025 IRS filing

Raymond E Reid II — President & Director: $2KRaymond E Reid IIPresident & Director$2KDiane Reid — Secretary & Director: $2KDiane ReidSecretary & Director$2KShelley Reid — Treasurer & Director: $2KShelley ReidTreasurer & Director$2KLawrence J Klem — Manager: $2KLawrence J KlemManager$2K

Frequently asked questions about The Raymond E and Bettye C

How much does The Raymond E and Bettye C give each year?

The Raymond E and Bettye C gave $13K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $14K across 8 grants.

What is The Raymond E and Bettye C's typical grant size?

The Raymond E and Bettye C's median grant in 2025 was $1,000, and its average grant was $1,653, across 8 grants on its 2025 IRS Form 990-PF.

Where does The Raymond E and Bettye C give grants?

The Raymond E and Bettye C gives mostly in Texas: 57% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Ohio (18%) and California (17%). The most frequent recipient cities were Pampa, TX (2 grants).

Does The Raymond E and Bettye C give general operating support?

Yes: 100% of The Raymond E and Bettye C's 2025 grants with a stated purpose (8 of 8) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Raymond E and Bettye C's largest grantees?

The Raymond E and Bettye C's largest 2025 grantees include The Hill Country's Community Foundation ($5,000), Disabled American Veterans ($2,421) and Soldiers Angels ($2,200), according to its 2025 IRS Form 990-PF. Together they received 73% of its itemized 2025 grant dollars.

How large is The Raymond E and Bettye C?

The Raymond E and Bettye C reported $218K in total assets on its 2025 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).

What is The Raymond E and Bettye C?

The Raymond E and Bettye C is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Amarillo, TX. It holds $218K in total assets as of 2025.

What is The Raymond E and Bettye C's EIN?

The Raymond E and Bettye C's EIN (Employer Identification Number) is 71-0933431. IRS Form 990 filing data is available on this page for 2020–2025.

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

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