The Thomas Wells Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $3.6M in total assets. In 2023, it awarded 2 grants totaling $125K. Net investment income was $24K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$3.6M
Annual Giving
$125K
Grant Count
2
Avg Grant Size
$63K
About The Thomas Wells Foundation
Based on IRS filings
The Thomas Wells Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $3.6M in total assets. In 2023, it awarded 2 grants totaling $125K. Net investment income was $24K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $3,560,975 | $865,247 | $648,474 |
| Revenue | $2,532,474 | $284,875 | $207,126 |
| Expenses | $165,312 | $68,102 | $49,681 |
| Qualifying Distributions | $125,000 | $50,400 | — |
| Net Investment Income | $24,248 | — | $11,344 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include South Plains Food Bank ($75,000), Open Door ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SOUTH PLAINS FOOD BANK LUBBOCK, TX | FOOD TO THE NEEDY | $75,000 |
| OPEN DOOR LUBBOCK, TX | OPEN DOOR | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SAMUEL J HAWTHRONE | VICE PRESIDE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Thomas Wells Foundation?
The Thomas Wells Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. It holds $3.6M in total assets as of 2023.
How large is The Thomas Wells Foundation?
As of 2023, The Thomas Wells Foundation holds $3.6M in total assets with $2.5M in annual revenue. It awarded 2 grants totaling $125K in 2023.
Where does The Thomas Wells Foundation operate?
The Thomas Wells Foundation has awarded grants in Texas.
What size grants does The Thomas Wells Foundation award?
In 2023, The Thomas Wells Foundation awarded 2 grants totaling $125K — an average of about $63K per grant, based on its IRS Form 990 filings.
What is The Thomas Wells Foundation's EIN?
The Thomas Wells Foundation's EIN (Employer Identification Number) is 83-2914382. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in The Thomas Wells Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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