Vest Family Foundation is a private foundation focused on Education, based in KERMIT, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.7M in total assets. In 2024, it awarded 19 grants totaling $429K. Net investment income was $999K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.7M
+25.5% YoY
Annual Giving
$429K
+24.0% YoY
Grant Count
19
+0.0% YoY
Avg Grant Size
$23K
+24.0% YoY
Under IRS private-foundation payout rules, Vest Family Foundation reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.
About Vest Family Foundation
Based on IRS filings
Vest Family Foundation is a private foundation focused on Education, based in KERMIT, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.7M in total assets. In 2024, it awarded 19 grants totaling $429K. Net investment income was $999K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,679,828 | $9,307,990 | $7,102,352 |
| Revenue | $2,822,633 | $2,567,258 | $2,442,382 |
| Expenses | $450,795 | $361,620 | $268,889 |
| Qualifying Distributions | $429,000 | $346,000 | $256,000 |
| Net Investment Income | $999,111 | $660,923 | $475,409 |
| Distributable Amount | $53,330 | $140,752 | $142,290 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Childress County Youth Project Show ($75,000), First Baptist Church ($50,000), Ward County Greater Works Inc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FORGET ME NOT FRANCES FORT WORTH, TX | SUPPORT FOR GRIEVING MOTHERS | $20,000 |
| SOUTHWESTERN DIABETIC FOUNDATION IN GAINESVILLE, TX | EDUCATE CHILDREN WITH DIABETES | $15,000 |
| THE ODESSA COLLEGE FOUNDATION ODESSA, TX | SCHOLARSHIP | $30,000 |
| 238 JUNIOR LIVESTOCK ASSOCIATION MONAHANS, TX | SUPPORT ONGOING OPERATIONS | $15,000 |
| SHERWOOD MYRTIE FOSTER HOME FOR CHI STEPHENVILLE, TX | FOSTER CARE ASSISTANCE | $15,000 |
| CHILDRESS COUNTY YOUTH PROJECT SHOW CHILDRESS, TX | SUPPORT FOR YOUTH IN LIVESTOCK SHOW | $75,000 |
| FIRST BAPTIST CHURCH MONAHANS, TX | SUPPORT ONGOING OPERATIONS | $50,000 |
| CASA OF THE ROLLING PLAINS CHILDRESS, TX | ONGOING SUPPORT TO HELP ABUSED AND NEGLECTED CHILDREN | $9,000 |
| DAYSTAR TELEVISION NETWORK DALLAS, TX | SUPPORT ONGOING OPERATIONS IN SPREADING THE GOSPEL AROUND THE WORLD | $5,000 |
| HAGEE MINISTRIES SAN ANTONIO, TX | SUPPORT ONGOING OPERATIONS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SAMANN VEST WATKINS | PRES/TREAS | — | — |
| TY WATKINS | VP/SEC | — | — |
| RYAN MOSS | Director | — | — |
| SANDY GREENE | ASST. SEC. | — | — |
| JANETTE JENNINGS | ASST. TREAS. | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Vest Family Foundation?
Vest Family Foundation is a private foundation focused on Education, based in KERMIT, TX. It holds $11.7M in total assets as of 2024.
How large is Vest Family Foundation?
As of 2024, Vest Family Foundation holds $11.7M in total assets with $2.8M in annual revenue. It awarded 19 grants totaling $429K in 2024.
Where does Vest Family Foundation operate?
Vest Family Foundation has awarded grants in Georgia, Missouri, Texas.
What size grants does Vest Family Foundation award?
In 2024, Vest Family Foundation awarded 19 grants totaling $429K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Vest Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vest Family Foundation reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vest Family Foundation's EIN?
Vest Family Foundation's EIN (Employer Identification Number) is 84-3537116. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Vest Family 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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