The Lockett Foundation Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Lockett Foundation Inc. Data shown is extracted from Form 990-PF filings.

EIN: 75-1534079

Foundation Overview

Based in Vernon, TX, The Lockett Foundation Inc has awarded 88 grants totaling $489,300 to organizations in Texas and Colorado. Individual grants range from $250 to $59,200, with a median award of $1,000.

Latest Tax Year
2023
Total Giving (all years)
$489,300
Total Assets
$2,371,938
Median Grant (all grants)
$1,000

Latest Form 990-PF Snapshot

Total Grants
18
Median Grant
$1,000
% No Significant Change
0% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Closed Network: 11%

2 of 18 recipients (11%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.

Geographic Focus
Texas

97% of all grants are concentrated in Texas, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Texas, funding concentrates in Vernon (35%), Lubbock (32%), Fredericksburg (24%).

Funding Trajectory
+371%

Strong 371% growth in annual giving over 7 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.

Program Areas
General Purposes + Education

Dual focus on general purposes (75%) and education, indicating strategic concentration in complementary program areas.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into The Lockett Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Blanco Education Foundation $1,000 Blanco, TX, US Operation 2023
Boys & Girls Club Of Vernon $3,325 Vernon, TX, US Operation 2023
Holy Ghost Lutheran Church $1,000 Fredericksburg, TX, US Operation 2023
Red River Valley Museum $500 Vernon, TX, US Operation 2023
Ronald Mcdonald House $1,000 Lubbock, TX, US Operation 2023
Texas Tech Alumni Association (Ttaa) $25,000 Lubbock, TX, US Endowment Trust 2023
Texas Tech Foundation $37,300 Lubbock, TX, US Scholarship 2023
Vernon College $2,000 Vernon, TX, US Operation 2023
Gillespie County Historical Society $1,000 Fredericksburg, TX, US Operation 2023
Blanco Education Foundation $1,000 Blanco, TX, US Operation 2023
Boys & Girls Club Of Vernon $3,325 Vernon, TX, US Operation 2023
Holy Ghost Lutheran Church $1,000 Fredericksburg, TX, US Operation 2023
Red River Valley Museum $500 Vernon, TX, US Operation 2023
Ronald Mcdonald House $1,000 Lubbock, TX, US Operation 2023
Texas Tech Alumni Association (Ttaa) $25,000 Lubbock, TX, US Endowment Trust 2023
Texas Tech Foundation $37,300 Lubbock, TX, US Scholarship 2023
Vernon College $2,000 Vernon, TX, US Operation 2023
Gillespie County Historical Society $1,000 Fredericksburg, TX, US Operation 2023
Blanco Education Foundation $1,000 Blanco, TX, US Operation 2022
Boys & Girls Club Of Vernon $2,300 Vernon, TX, US Operation 2022
Hill Country Memorial Hospital $1,000 Fredericksburg, TX, US Operation 2022
Holy Ghost Lutheran Church $1,000 Fredericksburg, TX, US Operation 2022
Red River Valley Museum $500 Vernon, TX, US Operation 2022
Ronald Mcdonald House $1,000 Lubbock, TX, US Operation 2022
Texas Tech Alumni Association (ttaa) $20,000 Lubbock, TX, US Endowment Trust 2022
Texas Tech Foundation $32,500 Lubbock, TX, US Scholarship 2022
Vernon College $1,000 Vernon, TX, US Operation 2022
Blanco Education Foundation $1,000 Blanco, TX, US Operation 2022
Boys & Girls Club Of Vernon $2,300 Vernon, TX, US Operation 2022
Hill Country Memorial Hospital $1,000 Fredericksburg, TX, US Operation 2022
Holy Ghost Lutheran Church $1,000 Fredericksburg, TX, US Operation 2022
Red River Valley Museum $500 Vernon, TX, US Operation 2022
Ronald Mcdonald House $1,000 Lubbock, TX, US Operation 2022
Texas Tech Alumni Association (Ttaa) $20,000 Lubbock, TX, US Endowment Trust 2022
Texas Tech Foundation $32,500 Lubbock, TX, US Scholarship 2022
Vernon College $1,000 Vernon, TX, US Operation 2022
Blanco Education Foundation $1,000 Blanco, TX, US Operation 2022
Boys & Girls Club Of Vernon $2,300 Vernon, TX, US Operation 2022
Hill Country Memorial Hospital $1,000 Fredericksburg, TX, US Operation 2022
Holy Ghost Lutheran Church $1,000 Fredericksburg, TX, US Operation 2022
Red River Valley Museum $500 Vernon, TX, US Operation 2022
Ronald Mcdonald House $1,000 Lubbock, TX, US Operation 2022
Texas Tech Alumni Association (Ttaa) $20,000 Lubbock, TX, US Endowment Trust 2022
Texas Tech Foundation $32,500 Lubbock, TX, US Scholarship 2022
Vernon College $1,000 Vernon, TX, US Operation 2022
Boys & Girls Club Of Vernon $2,300 Vernon, TX, US Operation 2021
Hill Country Memorial Hospital $1,000 Fredericksburg, TX, US Operation 2021
Holy Ghost Lutheran Church $1,000 Fredericksburg, TX, US Operation 2021
Red River Valley Museum $500 Vernon, TX, US Operation 2021
Ronald Mcdonald House $1,000 Lubbock, TX, US Operation 2021
Texas Tech Foundation $59,200 Lubbock, TX, US Scholarship 2021
Vernon College $1,000 Vernon, TX, US Operation 2021
Blanco Education Foundation $1,000 Blanco, TX, US Operation 2021
Texas Tech Alumni Association $30,000 Lubbock, TX, US Endowment Trust 2021
Boys & Girls Club Of Vernon $2,300 Vernon, TX, US Operation 2020
Holy Ghost Lutheran Church $1,000 Fredericksburg, TX, US Operation 2020
Red River Valley Museum $500 Vernon, TX, US Operation 2020
Ronald Mcdonald House $1,000 Lubbock, TX, US Operation 2020
Hill Country Memorial Hospital $1,000 Fredericksburg, TX, US Operation 2020
Texas Tech Foundation $9,100 Lubbock, TX, US Scholarship 2020
Vernon College $1,000 Vernon, TX, US Operation 2020
Boys & Girls Club Of Vernon $2,300 Vernon, TX, US Operation 2019
Holy Ghost Lutheran Church $1,000 Fredericksburg, TX, US Operation 2019
Red River Valley Museum $500 Vernon, TX, US Operation 2019
Ronald Mcdonald House $1,000 Lubbock, TX, US Operation 2019
Texas Hill Country Higher Education Development Foundation $1,000 Fredericksburg, TX, US Operation 2019
Texas Tech Foundation $9,400 Lubbock, TX, US Scholarship 2019
Vernon College $1,000 Vernon, TX, US Operation 2019
Boys & Girls Club Of Vernon $2,300 Vernon, TX, US Operation 2018
Christ United Methodist Church $1,000 Sterling, CO, US Operation 2018
Holy Ghost Lutheran Church $1,000 Fredericksburg, TX, US Operation 2018
Red River Valley Museum $500 Vernon, TX, US Operation 2018
Ronald Mcdonald House $1,000 Lubbock, TX, US Operation 2018
Texas Hill Country Higher Education Development Foundation $1,000 Fredericksburg, TX, US Operation 2018
Texas Tech Foundation $11,200 Lubbock, TX, US Scholarship 2018
Vernon College $1,000 Vernon, TX, US Operation 2018
Sterling High School Boosters $500 Sterling, CO, US Operations 2018
Hospice Of Wichita Falls $250 Wichita Falls, TX, US Operations 2018
Boys & Girls Club Of Vernon $2,300 Vernon, TX, US Operation 2016
Christ United Methodist Church $1,000 Sterling, CO, US Operation 2016
Grand-parents Support Group Inc $1,000 Houston, TX, US Operation 2016
Holy Ghost Lutheran Church $1,000 Fredericksburg, TX, US Operation 2016
Red River Valley Museum $500 Vernon, TX, US Operation 2016
Ronald Mcdonald House $1,000 Lubbock, TX, US Operation 2016
Texas Hill Country Higher Education Development Foundation $1,000 Fredericksburg, TX, US Operation 2016
Texas Tech Alumni Associaton $500 Lubbock, TX, US Scholarship 2016
Texas Tech Foundation $5,000 Lubbock, TX, US Scholarship 2016
Vernon College $2,000 Vernon, TX, US Operation 2016

Foundations Similar to The Lockett Foundation Inc

Discover 5 foundations with comparable assets ($2,328,305-$2,420,773), similar grant patterns, and geographic focus in TX that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 74-2662407 | 158 grants awarded
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(≈ Similar)
$1,500
median grant
Laredo, TX
Same state
100%
Excellent match

EIN: 81-4045252 | 123 grants awarded
$2,396,151
(≈ Similar)
$500
median grant
Houston, TX
Same state
99%
Excellent match

EIN: 52-1703600 | 25 grants awarded
$2,328,398
(≈ Similar)
$1,000
median grant
Austin, TX
Same state
99%
Excellent match

EIN: 04-6657085 | 296 grants awarded
$2,328,305
(≈ Similar)
$2,000
median grant
Georgetown, TX
Same state
99%
Excellent match

EIN: 76-0236381 | 251 grants awarded
$2,420,773
(≈ Similar)
$1,000
median grant
Houston, TX
Same state
99%
Excellent match

Contact Information

Official contact details for The Lockett Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 75-1534079
Website N/A
Address PO BOX 1331 Vernon, TX 76385-1331

Key People (4)

Board members, trustees, and key staff who oversee The Lockett Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President Linda Lockett Cheslak
Vice-president Michael N Underwood
Trustee Stephen Brantley
Trustee Robert Lightfoot

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for The Lockett Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.