The Raymond E and Bettye C is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AMARILLO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 8 grants totaling $14K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$245K
-5.4% YoY
Annual Giving
$14K
+36.7% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$2K
+36.7% YoY
About The Raymond E and Bettye C
Based on IRS filings
The Raymond E and Bettye C is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AMARILLO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 8 grants totaling $14K. Net investment income was $12K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $244,562 | $258,426 | $257,690 |
| Revenue | $10,517 | $17,145 | $4,648 |
| Expenses | $23,375 | $16,557 | $24,318 |
| Qualifying Distributions | $14,259 | $10,431 | $14,072 |
| Net Investment Income | $11,787 | $17,637 | $11,569 |
| Distributable Amount | $10,221 | $12,259 | $12,231 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAYMOND E REID II | PRESIDENT & DIRECTOR | 1 | $2,000 |
| DIANE REID | SECRETARY & DIRECTOR | 1 | $2,000 |
| SHELLEY REID | TREASURER & DIRECTOR | 1 | $2,000 |
| LAWRENCE J KLEM | MANAGER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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