William & Louise Mullins Foundation

AMARILLO, TX EIN: 75-6353107

William & Louise Mullins Foundation is a private foundation, based in AMARILLO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $960K in total assets. In 2024, it awarded 23 grants totaling $50K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$960K

-4.0% YoY

Annual Giving

$50K

-10.0% YoY

Grant Count

-4.2% YoY

Avg Grant Size

$2K

-6.1% YoY

Under IRS private-foundation payout rules, William & Louise Mullins Foundation reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.

About William & Louise Mullins Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $288K (100%)

States

Texas

Cities

AmarilloCanyonDallasHappy

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$960,208	$1,000,542	$1,017,515
Revenue	$23,546	$51,755	$2,177
Expenses	$63,880	$68,729	$85,615
Qualifying Distributions	$50,400	$56,000	$69,600
Net Investment Income	$17,352	$40,326	$10,914
Distributable Amount	$54,285	$50,338	$54,395

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

105 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boys & Girls Clubs of Amarillo & ($3,000), Buckner Children & Family Services ($3,000), High Plains Food Bank ($3,000).

Recipient	Purpose	Amount
ACTS COMMUNITY AMARILLO, TX	UNRESTRICTED OPERATING	$2,000
AMARILLO AREA CASA AMARILLO, TX	UNRESTRICTED OPERATING	$2,500
AMARILLO COLLEGE FOUNDATION AMARILLO, TX	UNRESTRICTED OPERATING	$2,000
AMARILLO SYMPHONY AMARILLO, TX	UNRESTRICTED OPERATING	$2,000
AMARILLO WESLEY COMMUNITY CENTER AMARILLO, TX	UNRESTRICTED OPERATING	$2,500
ANOTHER CHANCE HOUSE AMARILLO, TX	UNRESTRICTED OPERATING	$2,000
BOYS & GIRLS CLUBS OF AMARILLO & AMARILLO, TX	UNRESTRICTED OPERATING	$3,000
BUCKNER CHILDREN & FAMILY SERVICES AMARILLO, TX	UNRESTRICTED OPERATING	$3,000
CETA CANYON CAMP & RETREAT CENTER HAPPY, TX	UNRESTRICTED OPERATING	$2,000
DOWNTOWN WOMEN CENTER AMARILLO, TX	UNRESTRICTED OPERATING	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
AMARILLO NATIONAL BANK	TRUSTEE	—	$11,950

Frequently Asked Questions

How large is William & Louise Mullins Foundation?

As of 2024, William & Louise Mullins Foundation holds $960K in total assets with $24K in annual revenue. It awarded 23 grants totaling $50K in 2024.

Where does William & Louise Mullins Foundation operate?

William & Louise Mullins Foundation has awarded grants in Texas.

What size grants does William & Louise Mullins Foundation award?

In 2024, William & Louise Mullins Foundation awarded 23 grants totaling $50K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is William & Louise Mullins Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William & Louise Mullins Foundation reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William & Louise Mullins Foundation's EIN?

William & Louise Mullins Foundation's EIN (Employer Identification Number) is 75-6353107. IRS Form 990 filing data is available on this page for 2020–2024.