Asco Foundation
Accepts applications
Asco Foundation is a private foundation in Lubbock, Texas. In tax year 2024 it gave $918,584 in 23 grants; the typical grant was $10,000 and the largest $300,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$918,584
- Number of grants23
- Typical grant$10,000
- Largest grant$300,000
- Assets$4.2 million
- New grantees78%
Giving in 2024 was up from $788,611 the year before.
78% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $788,611 | 20 | $28.1 million |
| 2024 | $918,584 | 23 | $4.2 million |
How to apply
| Contact | WB Wright 4602 92nd, Lubbock, TX 79424 |
|---|---|
| Phone or email | (806) 745-2000 |
| What to submit | Letter stating amount requested and purpose |
| Restrictions | Only organiuzations that qualify as exempt in sec 170(b) (1) (a) |
What Asco Foundation funds
Where it gives
All of its grants went to recipients in Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 23 | $918,584 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| All Saints School | General purpose | $300,000 |
| Unbound Now | General purpose | $173,446 |
| Harvest House Ministry | General purpose | $100,000 |
| Childrens Advocacy Center | General purpose | $76,565 |
| Breedlove Foods Inc | General purpose | $50,000 |
| For the Silent | General purpose | $39,500 |
| Ernest Cecil Foundation | General purpose | $33,100 |
| Amarillo Family Support Services | General purpose | $31,197 |
| Onevoicehome | General purpose | $25,613 |
| West Texas Football Classic | General purpose | $25,000 |
| BCFS Health and Human Services | General purpose | $11,518 |
| Heart Gallery of the Panhandle Plai | General purpose | $10,000 |
| Jr League of Lubbock | General purpose | $7,500 |
| South Plains Food Bank | General purpose | $7,500 |
| Lubbock County Junior Livestock Sho | General purpose | $6,000 |
| Covenant Hospital Foundation | General purpose | $5,000 |
| High Point Village | General purpose | $5,000 |
| Treasured Vessels | General purpose | $3,395 |
| Fibermax Center for Discovery | General purpose | $3,000 |
| Lubbock Isd Foundation | General purpose | $2,500 |
| Lamar University Foundation | General purpose | $2,000 |
| Legacy Christian School | General purpose | $500 |
| Texas School Charities | General purpose | $250 |
Officers and trustees
- WB Brax Wright
- John Stephen Wright
- Paula Wright Key
Questions people ask
Does Asco Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Asco Foundation give?
$918,584 in tax year 2024, across 23 grants, with a typical grant of $10,000.
Who runs Asco Foundation?
Its 2024 filing lists WB Brax Wright (Trustee), John Stephen Wright (Trustee) and Paula Wright Key (Trustee).
What does Asco Foundation fund?
Based on its grants, mainly education, faith communities and food and hunger.