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
Ready to take the next step with The Thomas Wells Foundation?
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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Harold D Miller Endowment Fund
DALLAS, TX
Assets
$890K
Grants
1
Total Given
$44K
Amarillo Business Foundation
AMARILLO, TX
Assets
$4.2M
Grants
13
Total Given
$222K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Thomas Wells Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities