The Terry & Laurie Ledbetter Foundation

Foundation · Grantmaker DALLAS, TX EIN: 80-0188174

The Terry & Laurie Ledbetter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36.7M in total assets. In 2024, it awarded 3 grants totaling $1.4M. Net investment income was $1.6M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$36.7M

+11.3% YoY

Annual Giving

$1.4M

-56.9% YoY

Grant Count

3

-57.1% YoY

Avg Grant Size

$483K

+0.5% YoY

Under IRS private-foundation payout rules, The Terry & Laurie Ledbetter Foundation reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.

About The Terry & Laurie Ledbetter Foundation

Based on IRS filings

The Terry & Laurie Ledbetter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36.7M in total assets. In 2024, it awarded 3 grants totaling $1.4M. Net investment income was $1.6M.

Your AI grants department

Ready to take the next step with The Terry & Laurie Ledbetter Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AzusaDallasGrand RapidsIrvineLa MiradaLos AngelesPortlandSan DiegoSan JoseTexarkana

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$36,699,440$32,984,344$33,167,591
Revenue$4,560,630$2,166,970$-279,643
Expenses$2,092,305$3,743,512$4,027,935
Qualifying Distributions$1,796,358$3,530,326$3,845,866
Net Investment Income$1,565,569$2,014,089$365,150
Distributable Amount$1,670,352$1,604,333$1,851,638

Giving Over Time

Total grant dollars and number of grants per year

$0$911K$2M$3M$4M2 grants20203 grants20211 grants20227 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Dallas Theological Semin…$1.0MAZUSA PACIFIC UNIVERSITY$270KBiola University$180K

Grant Size Distribution

16 grants across all recorded years

5<$50K$50–100K3$100–250K2$250–500K3$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Dallas Theological Seminary ($1,000,000), Azusa Pacific University ($270,000), Biola University ($180,000).

RecipientPurposeAmount
Biola University La Mirada, CAGeneral Charitable Purpose$180,000
Dallas Theological Seminary Dallas, TXGeneral Charitable Purpose$1,000,000
AZUSA PACIFIC UNIVERSITY AZUSA, CAGENERAL CHARITABLE PURPOSE$270,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TERRY L LEDBETTERCFO, DIRECTOR
RETA L LEDBETTERPRESIDENT, DIRECTOR
TERRY L LEDBETTER JRDIRECTOR
BRADFORD L LEDBETTERDIRECTOR, SECRETARY

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Terry & Laurie Ledbetter Foundation?

The Terry & Laurie Ledbetter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $36.7M in total assets as of 2024.

How large is The Terry & Laurie Ledbetter Foundation?

As of 2024, The Terry & Laurie Ledbetter Foundation holds $36.7M in total assets with $4.6M in annual revenue. It awarded 3 grants totaling $1.4M in 2024.

Where does The Terry & Laurie Ledbetter Foundation operate?

The Terry & Laurie Ledbetter Foundation has awarded grants in California, Michigan, Oregon, Texas.

What size grants does The Terry & Laurie Ledbetter Foundation award?

In 2024, The Terry & Laurie Ledbetter Foundation awarded 3 grants totaling $1.4M — an average of about $483K per grant, based on its IRS Form 990 filings.

How much is The Terry & Laurie Ledbetter Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Terry & Laurie Ledbetter Foundation reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Terry & Laurie Ledbetter Foundation's EIN?

The Terry & Laurie Ledbetter Foundation's EIN (Employer Identification Number) is 80-0188174. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Terry & Laurie Ledbetter Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in Texas

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

Your AI grants department

Here's the math on researching The Terry & Laurie Ledbetter Foundation by hand.