The Texas State Capitol

Form 990-PFTax year 2024EIN 46-4416064

Bain Foundation

A private foundation in Lubbock, TX. Its return for tax year 2024 lists 1 grant and $140,000 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests. It still lists the details below.

Contact
Mark Bain
16001 CR 1840
Lubbock, TX 79424
(806) 797-6500
Form and materials
Propose in letter format including the requested amount and the purpose for funding and nonprofit status
Deadlines
Before end of applicable year.
Restrictions
None

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $140,000

    Grants listed
    1
    Assets, end of year
    $1,126,317
  • Tax year 2023

    $140,000

    Grants listed
    1
    Assets, end of year
    $1,052,508
  • Tax year 2022

    $50,000

    Grants listed
    1
    Assets, end of year
    $995,597
  • Tax year 2021

    $50,000

    Grants listed
    1
    Assets, end of year
    $983,702
  • Tax year 2020

    $50,000

    Grants listed
    6
    Assets, end of year
    $980,557
  • Tax year 2019

    $50,000

    Grants listed
    1
    Assets, end of year
    $983,416
  • Tax year 2018

    $50,000

    Grants listed
    1
    Assets, end of year
    $986,287

Grants paid in 2024

1 grant, largest first

As listed on the return.

  1. West Texas A&M FoundationCanyon, TX

    Education

    $140,000

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. Texas1 grant $140,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Ray Mark BainPRESIDENT Hours 0Pay $0
  • Michael L BainMANAGER Hours 0Pay $0
  • Barbara J BainMANAGER Hours 0Pay $0

The return

More foundations

Other foundations in Texas

  1. Charles H Pearson TrustDallas, TX 8 grants Preselected only $140,000 giving
  2. Charles G Pringle FoundationDallas, TX 21 grants Preselected only $140,000 giving
  3. Graves Foundation IncColorado City, TX 11 grants Accepts applications $140,000 giving
  4. Anne C & Joseph A Slicker FoundationDallas, TX 23 grants Preselected only $140,000 giving
  5. Elizabeth Born Linz FoundationCoppell, TX 14 grants Preselected only $140,000 giving