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Filing year 2024

SPEARS CHARITABLE TRUST

Lubbock, Texas·EIN 75-2445912·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$174k
Total assets
$2.7M
Total expenses
$127k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. SPEARS CHARITABLE TRUST reported 1 unpaid officer or board member on its 990-PF.

Co-trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$124k

Itemized grants

14

Median grant

$10k

RecipientLocationPurposeAmount
TEXAS BAPTIST MISSIONS FOUNDATIONDALLAS, TXGENERAL PURPOSES$20k
PRE-BORNINDIANAPOLIS, INGENERAL PURPOSES$17k
FIRST BAPTIST CHURCHLUBBOCK, TXGENERAL OPERATIONS$10k
OKLAHOMA BAPTIST UNIVERSITYSHAWNEE, OKSCHOLARSHIP$10k
BAYLOR UNIVERSITYWACO, TXSCHOLARSHIP$10k
GENERATION NEXTLAKE DALLAS, TXGENERAL OPERATIONS$10k
CHILDREN'S BEREAVEMENT CENTERSAN ANTONIO, TXGENERAL OPERATIONS$10k
INTN'L FWSHP OF CHRISTIANS & JEWSWASHINGTON, DCGENERAL OPERATIONS$10k
WAYLAND BAPTIST UNIVERSITYLUBBOCK, TXSCHOLARSHIP$5k
MURPHY MINISTRIESLUBBOCK, TXGENERAL PURPOSES$5k
REDEEMER CHURCHLUBBOCK, TXGENERAL OPERATIONS$5k
BAPTIST UNIVERSITY OF THE AMERICASSAN ANTONIO, TXGENERAL OPERATIONS$5k
SAMARITAN'S PURSEBOONE, NCGENERAL OPERATIONS$5k
PARTNERS IN DEVELOPMENT WORLDWIDELUBBOCK, TXGENERAL OPERATIONS$2k
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Financial trend

Revenue and expenses over time

SPEARS CHARITABLE TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$325k
$133k
2023
$174k
$127k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Texas

SPEARS CHARITABLE TRUST reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Texas earns a median of $14,224.

25th percentile
$5k
Median
$14,224
75th percentile
$43k
90th percentile
$112k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,499 organizations across 4,499 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Texas
FAQ

Common questions about SPEARS CHARITABLE TRUST

What are SPEARS CHARITABLE TRUST's revenue and expenses?

In 2024, SPEARS CHARITABLE TRUST reported $174k in total revenue and $127k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.