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The Lockett Foundation Inc

Vernon, TXEIN: 75-1534079

Data sourced from IRS 990-PF public filings

Supports scholarships and endowment trusts for Texas Tech University and its alumni association, as well as local youth programs in Vernon, Texas.

Private_foundation Foundation

The Lockett Foundation Inc has 47 grants on file funding 13 organizations. Giving increased from $113,050 in 2024 to $117,625 in 2025. Reported assets: $2,296,207.

Total Assets

$2,296,207

Grants (Last Year)

$117,625

Total Grants on File

47

Recipients Funded

13

Giving History

YearTotal GrantedGrants MadeAvg Grant
2025$117,62510$11,763
2024$113,05010$11,305
2023$72,1259$8,014
2022$60,3009$6,700
2021$97,0009$10,778

Top Grant Recipients

$59,200 (2021)
$56,125 (2025)
$55,000 (2024)
$40,250 (2024)
$40,000 (2025)
$37,300 (2023)
$32,500 (2022)
$30,000 (2021)
$25,000 (2023)
$20,000 (2022)

Showing top 10 of 47 grants on file.

Officers & Trustees

From 2025 IRS 990-PF filing (data available for 13 filing years)

R

Robert Lightfoot

Trustee

S

Stephen Brantley

Trustee

M

Michael N Underwood

Vice-President

L

Linda Lockett Cheslak

President

IRS Filing History

The Lockett Foundation Inc has IRS 990-PF filings on record for 13 years, spanning 2012 to 2025.

2025202420232022202120202019201820162015201420132012

Frequently Asked Questions

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    The Lockett Foundation Inc (EIN: 75-1534079) - Grants & 990 Data | Signal990