Welborn-Payne Endowment Trust
At a glance
Key takeaways
- The trust's recorded grants span churches and Christian ministries, a food bank, foster-care and child-advocacy groups, public broadcasting, arts groups and a museum, so a charity with a clear human-needs or community purpose may fit, and most recorded grant dollars went to organisations in Texas.
- Half of its 55 grants to organisations across its last three filings were $95,000 or less, and about 8 in 10 fell between $10,000 and $200,000, so a request near the middle of that typical band is realistic, though the band is not a ceiling, as its largest grant was $295,000.
- In its latest filing, 83% of grant dollars to organisations went to organisations it had also funded in its earlier filings, which suggests the trust is largely relationship-led, so a new applicant should make a careful case and explain how the project will be sustained after the grant funds are exhausted, how any buildings or equipment will be maintained, and how effectiveness will be evaluated.
- Applications are due by 31 January, with a one-page application giving contact details and the reason for the request, plus a project description of no more than five pages.
- Individuals, non-government political organisations, organisations that try to influence legislation, and organisations not exempt under IRC Section 501(C)(3) or qualifying under Code Section 170(C)(1) or (C)(2)(B) are excluded, so they should not apply.
Overview
Welborn-Payne Endowment Trust is a US private foundation administered by its trustee, Prosperity Bank, in Lubbock, TX.
What they fund
Profile based on the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) only: no website or other web source for the foundation was found. Every statement is checked against the filings. Sources read on 13 October 2026.
Priority Areas
The trust’s recorded grants go to a broad range of charitable organisations rather than one dominant field. Its recipients include churches and Christian ministries, a food bank and other human-needs providers, foster-care and child-advocacy organisations, public broadcasting, dance and arts groups, and a museum. Grants also support meal provision, health care for people in need, services for people with intellectual disabilities, counselling and education, and community organisations. Its filing says grants are not made to individuals or to political organisations, organisations seeking to influence legislation, or entities that fail the stated tax-exemption tests. Most recorded grant dollars went to organisations in Texas.
Geographic Focus
No geographic focus is stated; the filings show grants mainly in Texas.
What They Don't Fund
- INDVIDUALS
- Non-government political organizations
- Organizations who try to influence legislation
- Organizations not exempt under IRC Section 501(C)(3) or qualify under Code Section 170(C)(1) or (C)(2)(B)
- Any person or entity that would cause such grant to be a taxable expenditure under the Internal Revenue Code
How to apply
Applicants prepare a one-page application with their contact details and the reason for the request, and a project description of no more than five pages covering the organisation and proposed project.
Deadlines: Applications are due by 31 January.
Application success factors
- Repeat giving: In its TY2024 filing, 83% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
- Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 55 grants to organisations were $95,000 or less.
What the foundation says:
- Applicants should explain how the project will be sustained after the grant funds are exhausted, how buildings or equipment will be maintained where applicable, and how effectiveness will be evaluated.
Where grants go
From grants to organisations in the foundation’s filings for tax years 2022–2024.
Grant dollars by state
- The largest single recipient received 14% of grant dollars to organisations.
- In tax year 2024, 83% of grant dollars went to organisations Welborn-Payne Endowment Trust had funded in earlier filings.
- No grants were paid directly to organisations outside the US.
- 2% of grant dollars went to intermediaries that regrant to other organisations.
Grants
How much do they typically give?
Share of 19 grants in tax year 2024 by size
Median $100k (tax year 2024)
The largest grants to organisations in the foundation’s latest filing:
- South Plains Food Bank · Assist the hungry$200,0002024 tax year
- First United Methodist Church · To support the mission of the methodist church$200,0002024 tax year
- Lubbock Public Media · To support the growth of classical music in lubbock$150,0002024 tax year
- Texas Tech Foundation · To fund public broadcasting station kttz-fm$150,0002024 tax year
- Wesley at Texas Tech University · To assist with raising the next generation of christian leaders$150,0002024 tax year
- Texas Boys Ranch Foundation · Foster children$126,5992024 tax year
- Salvation Army · To provide funds to help satisfy human needs, and provide disaster support.$124,5002024 tax year
- Ballet Lubbock · To support pre-professional dance education and performances$120,0002024 tax year
Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.
Officers and directors
Administered by its trustee, Prosperity Bank.
3 years of tax filings
| Year | Total expenses | Grants paid | Assets | Filing document |
|---|---|---|---|---|
| 2022 tax year | $2,226,354 | $1,777,675 | $33,827,012 | Filing for 2022 tax year |
| 2023 tax year | $1,951,794 | $1,521,737 | $38,203,112 | Filing for 2023 tax year |
| 2024 tax year | $2,264,826 | $1,831,020 | $77,569,751 | Filing for 2024 tax year |
Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.
Sources
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At a glance

Applying to Welborn-Payne Endowment Trust?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- (806) 741-2174
- TROY.HARRISON@PROSPERITYBANKUSA.COM
- Lubbock, TX (office of its trustee, Prosperity Bank)

Applying to Welborn-Payne Endowment Trust?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- (806) 741-2174
- TROY.HARRISON@PROSPERITYBANKUSA.COM
- Lubbock, TX (office of its trustee, Prosperity Bank)