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Nonprofit · EIN 73-1634145

SAN ANGELO AREA FOUNDATION

Tax-exempt · SAN ANGELO, TX 76903

Financials

$25M$15.4M2023$41.5M$20.7M2024$55.3M$21.8M2025
Revenue Expenses · by fiscal year end
Financials of SAN ANGELO AREA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$55,338,463$21,819,617$33,518,846$335,043,682$107,629,703$227,413,979
December 31, 2024990$41,540,168$20,680,733$20,859,435$273,249,935$85,579,451$187,670,484
December 31, 2023990$25,016,285$15,433,939$9,582,346$241,441,918$73,484,256$167,957,662
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$34,321,897
Program service revenue
$0
Investment income
$20,977,252
Royalties
$689
Net rental income
$38,625
Net gain from sales of assets
$6,223,734
Other revenue
$39,314

Expenses

Grants and similar amounts paid
$19,240,787
Compensation of officers, directors and key employees
$256,000
Other salaries and wages
$605,000
Salaries, compensation and benefits (total)
$1,067,798
Professional fundraising fees
$0
Legal fees
$7,500
Accounting fees
$44,909
Occupancy
$92,902
Travel
$28,420
Depreciation
$143,469
Program services (functional)
$20,568,219
Management and general (functional)
$580,309
Fundraising (functional)
$671,089

Balance sheet and other

Total assets, start of year
$273,249,935
Total assets, end of year
$335,043,682
Total liabilities, end of year
$107,629,703
Net assets, end of year
$227,413,979
Land, buildings and equipment
$3,055,346
Publicly traded securities
$308,325,476
Net assets without donor restrictions
$5,203,799
Net assets with donor restrictions
$222,210,180
Gross receipts
$125,692,899
Employees
7
Volunteers
50
Year formed
2001
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MATT LEWISPRESIDENT & CEO
Officer
40$256,000$20,160
BRIANNE KILLAMCFO
Highest-paid employee
40$140,000$0
JANET KARCHERMARKETING VP
Highest-paid employee
40$129,000$0
MASON BROOKSDEVELOPMENT VP
Highest-paid employee
40$107,000$0
REBECCA WILKINSPROGRAMS VP
Highest-paid employee
40$105,000$0
JAY BOYDCHAIR
Trustee or director, Officer
2$0$0
PATRICK SHANNONVICE CHAIRMAN
Trustee or director, Officer
2$0$0
BRADY JOHNSONSECRETARY/TREASURER
Trustee or director, Officer
2$0$0
CAMILLE YALEPAST CHAIR
Trustee or director, Officer
2$0$0
JON BAILEYEXECUTIVE COMMITTEE
Trustee or director, Officer
2$0$0
MARY BOSTERBOARD MEMBER
Trustee or director
2$0$0
JEFFREY BOZEMANBOARD MEMBER
Trustee or director
2$0$0
SHARANDA EL MASRIBOARD MEMBER
Trustee or director
2$0$0
RONNIE D HAWKINS JRBOARD MEMBER
Trustee or director
2$0$0
FLOR LEOSBOARD MEMBER
Trustee or director
2$0$0
5 more people on this return
NameTitleHours / weekCompensation
SHELLEY NEWBOARD MEMBER
Trustee or director
2$0
CARLOS ROBLEDOBOARD MEMBER
Trustee or director
2$0
GAYLA THORNTONBOARD MEMBER
Trustee or director
2$0
DREW WALLACEBOARD MEMBER
Trustee or director
2$0
TROYCE WILCOXBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
MATT LEWISPRESIDENT & CEO
Officer
40$499,240$34,754
BRIANNE KILLAMCFO
Highest-paid employee
40$122,000$0
JANET KARCHERMARKETING VP
Highest-paid employee
40$122,000$0
JAY BOYDCHAIR
Trustee or director, Officer
2$0$0
PATRICK SHANNONVICE CHAIRMAN
Trustee or director, Officer
2$0$0
BRADY JOHNSONSECRETARY/TREASURER
Trustee or director, Officer
2$0$0
CAMILLE YALEPAST CHAIR
Trustee or director, Officer
2$0$0
JON BAILEYEXECUTIVE COMMITTEE
Trustee or director, Officer
2$0$0
MARY BOSTERBOARD MEMBER
Trustee or director
2$0$0
JEFFREY BOZEMANBOARD MEMBER
Trustee or director
2$0$0
SHARANDA EL MASRIBOARD MEMBER
Trustee or director
2$0$0
RONNIE D HAWKINS JRBOARD MEMBER
Trustee or director
2$0$0
FLOR LEOSBOARD MEMBER
Trustee or director
2$0$0
SHELLEY NEWBOARD MEMBER
Trustee or director
2$0$0
CARLOS ROBLEDOBOARD MEMBER
Trustee or director
2$0$0
GAYLA THORNTONBOARD MEMBER
Trustee or director
2$0$0
DREW WALLACEBOARD MEMBER
Trustee or director
2$0$0
TROYCE WILCOXBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
MATT LEWISPRESIDENT & CEO
Officer
40$231,080$73,421
BRIANNE KILLAMFINANCE VP
Highest-paid employee
40$114,000$0
JANET KARCHERMARKETING VP
Highest-paid employee
40$114,000$0
CAMILLE YALECHAIRMAN
Trustee or director, Officer
2$0$0
JAY BOYDVICE CHAIRMAN
Trustee or director, Officer
2$0$0
PATRICK SHANNONSECRETARY/TREASURER
Trustee or director, Officer
2$0$0
FRED HERNANDEZPAST CHAIRMAN
Trustee or director, Officer
2$0$0
BRADY JOHNSONEXECUTIVE COMMITTEE
Trustee or director, Officer
2$0$0
JEFFREY BOZEMANBOARD MEMBER
Trustee or director
2$0$0
JON BAILEYBOARD MEMBER
Trustee or director
2$0$0
RONNIE D HAWKINS JRBOARD MEMBER
Trustee or director
2$0$0
JAMES HUFFMANBOARD MEMBER
Trustee or director
2$0$0
FLOR LEOS MADEROBOARD MEMBER
Trustee or director
2$0$0
SHELLEY NEWBOARD MEMBER
Trustee or director
2$0$0
GAYLA THORNTONBOARD MEMBER
Trustee or director
2$0$0
JANE RICHARDSONBOARD MEMBER
Trustee or director
2$0$0
SHARANDA EL MASRIBOARD MEMBER
Trustee or director
2$0$0
DREW WALLACEBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
221 S IRVING ST, SAN ANGELO, TX 76903-6421
In care of
% MATT LEWIS
Principal officer (990 for 2025)
MATT LEWIS, 221 S IRVING ST, SAN ANGELO, TX 76903
Signed the 990
MATT LEWIS, CEO
Phone
(325) 947-7071
Return prepared by
CONDLEY AND COMPANY LLP

Mission

THE MISSION OF THE SAN ANGELO AREA FOUNDATION IS TO BUILD A LEGACY OF PHILANTHROPY BY ATTRACTING AND PRUDENTLY MANAGING ENDOWED GIFTS IN ORDER TO MATCH DONOR INTEREST WITH COMMUNITY NEEDS OF THE AREA.

990 for the year ended December 31, 2025

Program accomplishments

  • GRANTS TO VARIOUS QUALIFIED 501 (C)(3) ORGANIZATIONS, OR OTHER QUALIFIED ENTITIES LIKE GOVERNMENTAL ORGANIZATIONS, COLLEGES, UNIVERSITIES AND RELIGIOUS ENTITIES, FOR QUALIFIED CHARITABLE PURPOSES. GRANTS ARE MADE FROM COMPONENT FUNDS WHICH ARE DESIGNATED PURPOSE FUNDS, DONOR-ADVISED FUNDS, FIELD OF INTEREST FUNDS AND UNRESTRICTED FUNDS, AND ARE BASED ON AN UNDERLYING GIFT AGREEMENT, WHICH REQUIRE THE BOARD OF DIRECTORS APPROVAL OF SAID GRANTS.
    Expenses $20,568,219 · grants $19,240,787

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
73-1634145
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$335,043,682
Income (IRS master file)
$125,692,899

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$55,338,463$21,819,617$335,043,682XML
990December 2024$41,540,168$20,680,733$273,249,935XML
990December 2023$25,016,285$15,433,939$241,441,918XML
990December 2022$36,626,933$13,249,615$205,097,187IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 73-1634145).

Questions about SAN ANGELO AREA FOUNDATION

What is the EIN of SAN ANGELO AREA FOUNDATION?
The employer identification number (EIN) of SAN ANGELO AREA FOUNDATION is 73-1634145.
Is SAN ANGELO AREA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to SAN ANGELO AREA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SAN ANGELO AREA FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SAN ANGELO AREA FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SAN ANGELO AREA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SAN ANGELO AREA FOUNDATION?
The 990 for the year ended December 31, 2025 names MATT LEWIS.
Who are the officers and directors of SAN ANGELO AREA FOUNDATION?
The 990 for the year ended December 31, 2025 lists 20 people; 5 received compensation from the organization, the highest $256,000 (MATT LEWIS, PRESIDENT & CEO).
How much revenue does SAN ANGELO AREA FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $55,338,463, expenses of $21,819,617 and total assets of $335,043,682 at year end.

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