Question 1

What does WELBORN-PAYNE ENDOWMENT TRUST fund?

Accepted Answer

WELBORN-PAYNE ENDOWMENT TRUST has funded 22 organizations with 74 grants on file.

Question 2

How much does WELBORN-PAYNE ENDOWMENT TRUST give in grants?

Accepted Answer

In the most recent filing year, WELBORN-PAYNE ENDOWMENT TRUST awarded $1,831,020 in grants. The foundation holds $74,083,578 in total assets. Grant data is available for 4 years, from 2021 to 2024. There are 74 individual grants on file.

Question 3

Who runs WELBORN-PAYNE ENDOWMENT TRUST?

Accepted Answer

WELBORN-PAYNE ENDOWMENT TRUST is led by PROSPERITY BANK (TRUSTEE). This information is from their 2024 IRS 990-PF filing.

Question 4

Where is WELBORN-PAYNE ENDOWMENT TRUST located?

Accepted Answer

WELBORN-PAYNE ENDOWMENT TRUST is located in LUBBOCK, TX. Their EIN is 75-6435671.

Question 5

How to apply for a grant from WELBORN-PAYNE ENDOWMENT TRUST?

Accepted Answer

Grant application processes vary by foundation. WELBORN-PAYNE ENDOWMENT TRUST does not accept unsolicited proposals. ONE PAGE APPLICATION WITH NAME, ADDRESS AND CONTACT INFORMATION. A STATEMENT ADDRESSING WHY THE GRANT IS BEING REQUESTED. A DESCRIPTION NOT TO EXCEED 5 PAGES DETAILING THE 1) BACKGROUND OF THE ORGANIZATION, 2) DESCRIPTION OF PROPOSED PROJECT, 3) PLAN FOR SUSTAINING PROJECT AFTER GRANT FUNDS ARE EXHAUSTED, 4) PLAN FOR MAINTENANCE AND UPKEEP OF BUILDING OR EQUIPMENT, IF APPLICABLE, AND 5) PLAN FOR EVALUATING THE EFFECTIVENESS OF THE PROJECT. BUDGET - 1) HOW REQUESTED FUNDS WILL BE USED, 2) TOTAL COST OF PROJECT, 3) OTHER SOURCES OF FUNDS, 4) APPLICATIONS PENDING, 5) DO YOU FILE AN IRS FORM 990. REQUIRED ATTACHMENTS - 1) A COPY OF THE IRS FEDERAL TAX EXEMPTION LETTER, 2) LIST OF BOARD MEMMERS WITH OCCUPATION AND COMMUNITY AFFILIATIONS, 3) LIST OF KEY STAFF WITH QUALIFICATIONS, 4) TIMELINE FOR PROJECT/PROGRAM COMPLETION, 5) A COPY OF THE FIRST TWO PAGES OF THE MOST RECENT IRS FORM 990 You can also use Signal990 to research their grant history and find the best approach.

Year	Total Granted	Grants Made	Avg Grant
2024	$1,831,020	19	$96,369
2023	$1,521,737	19	$80,091
2022	$1,777,675	17	$104,569
2021	$1,494,139	19	$78,639

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