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Nonprofiteer
← LOCKETT FOUNDATION

Form 990-PF for tax year 2025

Filed by LOCKETT FOUNDATION.

Totals

Total revenue
$100,619
Total expenses
$121,245
Contributions and grants received
$2,918
Contributions, gifts and grants paid
$117,625
Fair market value of assets, end of year
$2,698,068

Listed in Part VIII

  • Linda Lockett Cheslak

    President

    Total calculated
    $0
    Hours/week
    0
  • Michael N Underwood

    Vice-President

    Total calculated
    $0
    Hours/week
    0
  • Stephen Brantley

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Robert Lightfoot

    Trustee

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VIII of the Form 990-PF: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants paid on this return

Grants paid, cash basis (Part I, line 25, column (d))
$117,625
As filed, and sometimes filed as 0.
Grants paid, Part XV total (line 3a)
$117,625
The foundation's own total of the grants it itemizes.

These are the grants the foundation paid during the year. The “Contributions, gifts and grants paid” total above is the figure on the foundation's books. This return marks the cash method, under which a grant is recorded when it is paid. Even so, the books total and the cash figures in this section can differ, and column (d) is sometimes filed as 0.

  • Texas Tech Foundation

    $56,125

    Lubbock, TX

    Scholarship

  • Texas Tech Alumni Association (TTAA)

    $40,000

    Lubbock, TX

    Endowment Trust

  • Boys & Girls Club of Vernon

    $5,500

    Vernon, TX

    Operation

  • Vernon College

    $5,000

    Vernon, TX

    Operation

  • Admiral Nimitz Foundation

    $2,000

    Fredericksburg, TX

    Operation

  • Blanco Education Foundation

    $2,000

    Blanco, TX

    Operation

  • Gillespie County Historical Society

    $2,000

    Fredericksburg, TX

    Operation

  • Holy Ghost Lutheran Church

    $2,000

    Fredericksburg, TX

    Operation

  • Ronald McDonald House

    $2,000

    Lubbock, TX

    Operation

  • Red River Valley Museum

    $1,000

    Vernon, TX

    Operation

The 10 largest to organizations. The API serves every grant row.

Provenance

Return type
form_990_pf
Tax year
2025
Filed
6 May 2026
IRS schema version
2025v4.1
Source object
202611279349101106

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.