Zephyr Foundation
Zephyr Foundation is a private foundation, based in Wellington, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $33.6M in total assets. In 2025, it awarded 8 grants totaling $753K. Net investment income was $2.2M.
Zephyr Foundation at a glance
In short: Zephyr Foundation gave $753K across 8 grants in 2025 (avg $94K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $753,000
- -34.8% vs 2024
- Grants made (2025)
- 8
- -11.1% vs 2024
- Average grant
- $94,125
- -26.7% vs 2024
- Median grant
- $68,500
- Total assets
- $33,558,906
- -3.6% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Zephyr Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Wellington Activity Center ($352K). Together the top 8 received $753K.
Grant Size Distribution
36 grants across all recorded years
The most common grant size was under $50K: 13 grants of 36 (36%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Zephyr Foundation gives
- Giving fell 76% from 2022 to 2025. Method
- In 2025 it paid out 43% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $412K (2023) to $6.0M (2021). In 2025 it made 8 grants totaling $753K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wellington Activity Center Wellington, TX | General Operating Support | $352,000 |
| Wellington Ritz Theatre Inc Wellington, TX | General Operating Support and Grant for Improvements | $117,000 |
| Collingsworth County Hospital District Wellington, TX | Grant for Operating | $100,000 |
| Collingsworth County Home Delivered Meals Wellington, TX | Grant for Operating | $75,000 |
| Wellington EMS Inc Wellington, TX | Grant for Operating | $62,000 |
| Wellington Opportunity Center Inc Wellington, TX | General Operating Support | $27,000 |
| City of Wellington Wellington, TX | Grant for Operations | $15,000 |
| Wellington Independent School District Wellington, TX | Grant for the One Act Play Program | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $33,558,906 | $2,251,050 | $994,487 | $753,000 | 8 | $753,000 | $2,180,661 | $1,733,268 |
| 2024 | $34,814,526 | $788,605 | $1,382,269 | $1,155,000 | 9 | $1,155,000 | $852,164 | $1,957,883 |
| 2023 | $45,234,654 | $524,142 | $458,347 | $411,510 | 5 | $411,510 | $762,428 | $1,298,354 |
| 2022 | $8,003,178 | $3,570,577 | $3,217,176 | $3,142,500 | 5 | $3,142,500 | $3,570,577 | $744,909 |
| 2021 | $7,670,648 | $2,359,073 | $6,107,964 | $6,008,000 | 9 | $6,008,000 | $2,359,073 | $1,053,280 |
| 2020 | $11,431,459 | $857,453 | $1,298,379 | $1,212,500 | 8 | — | $857,448 | $923,951 |
Under IRS private-foundation payout rules, Zephyr Foundation reported a distributable amount of $1.7M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Zephyr Foundation is led by Val White, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Val White
President
On filings since 2020
20 hrs/week
No compensation reported
Charles W. Darter Jr.
Vice President
On filings since 2020
No compensation reported
Pat White
Vice President & Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Zephyr Foundation
How much does Zephyr Foundation give each year?
Zephyr Foundation gave $753K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.2M across 9 grants.
What is Zephyr Foundation's typical grant size?
Zephyr Foundation's median grant in 2025 was $68,500, and its average grant was $94,125, across 8 grants on its 2025 IRS Form 990-PF.
Where does Zephyr Foundation give grants?
Zephyr Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Wellington, TX (8 grants).
Does Zephyr Foundation give general operating support?
Yes: 75% of Zephyr Foundation's 2025 grants with a stated purpose (6 of 8) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Zephyr Foundation's largest grantees?
Zephyr Foundation's largest 2025 grantees include Wellington Activity Center ($352,000), Wellington Ritz Theatre Inc ($117,000) and Collingsworth County Hospital District ($100,000), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.
How large is Zephyr Foundation?
Zephyr Foundation reported $33.6M in total assets on its 2025 IRS Form 990-PF. It paid out $753K in qualifying distributions that year, against a required minimum of $1.7M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Zephyr Foundation's EIN?
Zephyr Foundation's EIN (Employer Identification Number) is 75-2647195. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 24, 2026)
- IRS filings on file for fiscal years 2020–2024
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