The Lockett Foundation Inc
Preselected recipients only
The Lockett Foundation Inc is a private foundation in Vernon, Texas. In tax year 2025 it gave $117,625 in 10 grants; the typical grant was $2,000 and the largest $56,125. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$117,625
- Number of grants10
- Typical grant$2,000
- Largest grant$56,125
- Assets$2.7 million
- New grantees10%
Giving in 2025 was up from $113,050 the year before.
10% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $72,125 | 9 | $2.4 million |
| 2024 | $113,050 | 10 | $2.5 million |
| 2025 | $117,625 | 10 | $2.7 million |
How to apply
The Lockett Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Lockett Foundation Inc funds
Where it gives
All of its grants went to recipients in Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 10 | $117,625 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Texas Tech Foundation | Scholarship | $56,125 |
| Texas Tech Alumni Association (TTAA) | Endowment Trust | $40,000 |
| Boys & Girls Club of Vernon | Operation | $5,500 |
| Vernon College | Operation | $5,000 |
| Admiral Nimitz Foundation | Operation | $2,000 |
| Blanco Education Foundation | Operation | $2,000 |
| Gillespie County Historical Society | Operation | $2,000 |
| Holy Ghost Lutheran Church | Operation | $2,000 |
| Ronald McDonald House | Operation | $2,000 |
| Red River Valley Museum | Operation | $1,000 |
Officers and trustees
- Linda Lockett Cheslak
- Michael N Underwood
- Stephen Brantley
- Robert Lightfoot
Questions people ask
Does The Lockett Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Lockett Foundation Inc give?
$117,625 in tax year 2025, across 10 grants, with a typical grant of $2,000.
Who runs The Lockett Foundation Inc?
Its 2025 filing lists Linda Lockett Cheslak (President), Michael N Underwood (Vice-President), Stephen Brantley (Trustee) and Robert Lightfoot (Trustee).
What does The Lockett Foundation Inc fund?
Based on its grants, mainly education and arts and culture.