The Tims Foundation

Foundation · Grantmaker Azle, TX EIN: 75-6333692

The Tims Foundation is a private foundation, based in Azle, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $487K in total assets. In 2022, it awarded 6 grants totaling $52K. Net investment income was $24K.

Key facts about The Tims Foundation

In short: The Tims Foundation gave $52K across 6 grants in 2022 (avg $9K), mostly in Texas. Source: 2022 IRS Form 990-PF.

EIN
75-6333692
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$51,600
Grants made (2022)
6
Average grant
$8,600
Median grant
$6,500
Total assets
$487,448
Primary geography
Texas (94% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$487K

-6.3% YoY

Annual Giving

$52K

-8.5% YoY

Grant Count

6

+20.0% YoY

Avg Grant Size

$9K

-23.8% YoY

Under IRS private-foundation payout rules, The Tims Foundation reported a distributable amount of $51K for 2022 — the minimum it must pay out in qualifying distributions.

How The Tims Foundation gives

  • In 2022 it paid out 101% 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

1state

Share of all 6 itemized 2022 grant dollars.

States

Cities

Fort WorthMorgan MillAmarilloRockdaleSaginawStephenville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K5 grants20205 grants20216 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2022

Richland Hills Church of Christ: $26KRichland Hills Church ofChrist$26KChristian Relief Center: $10KChristian Relief Center$10KCommunity Link: $10KCommunity Link$10KLucayan Pesbyterian Church: $3KLucayan Pesbyterian Church$3KMorgan Mill Cemetary: $3KMorgan Mill Cemetary$3KBushdale Cemetary: $500Bushdale Cemetary$500

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Richland Hills Church of Christ Fort Worth, TXCharitable$25,600
Christian Relief Center Amarillo, TXCharitable$10,000
Community Link Saginaw, TXCharitable$10,000
Lucayan Pesbyterian Church Charitable$3,000
Morgan Mill Cemetary Morgan Mill, TXCharitable$2,500
Bushdale Cemetary Rockdale, TXCharitable$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K202020212022
Metric202220212020
Total Assets$487,448$520,012$552,034
Revenue$24,641$25,036$23,772
Expenses$57,205$54,519$42,541
Qualifying Distributions$51,600——
Net Investment Income$24,383$24,994$23,743
Distributable Amount$50,974$45,977$40,915

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2022

Leadership & Key People

Officers and directors from IRS filings

The Tims Foundation is led by Jerry L Tims, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2022 filing

  • Jerry L Tims

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Tims Foundation

How much does The Tims Foundation give each year?

The Tims Foundation gave $52K across 6 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $56K across 5 grants.

What is The Tims Foundation's typical grant size?

The Tims Foundation's median grant in 2022 was $6,500, and its average grant was $8,600, across 6 grants on its 2022 IRS Form 990-PF.

Where does The Tims Foundation give grants?

The Tims Foundation gives mostly in Texas: 94% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there.

Does The Tims Foundation give general operating support?

Not in 2022: none of the 6 grants with a stated purpose on The Tims Foundation's 2022 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (6 grants).

Who are The Tims Foundation's largest grantees?

The Tims Foundation's largest 2022 grantees include Richland Hills Church of Christ ($25,600), Christian Relief Center ($10,000) and Community Link ($10,000), according to its 2022 IRS Form 990-PF. Together they received 88% of its itemized 2022 grant dollars.

How large is The Tims Foundation?

The Tims Foundation reported $487K in total assets on its 2022 IRS Form 990-PF. It paid out $52K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets).

What is The Tims Foundation's EIN?

The Tims Foundation's EIN (Employer Identification Number) is 75-6333692. IRS Form 990 filing data is available on this page for 2020–2022.

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

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