Private Foundation

MUSTANG FOUNDATION

Based in CLEBURNE, TX, MUSTANG FOUNDATION operates as a Private Foundation. The organization reported $223K in revenue, $192K in expenses, $2.6M in total assets for fiscal year 2025. Imperigo tracks 294 reported grants from this foundation totaling approximately $1.0M.

EIN: 752815383 CLEBURNE, TX Latest filing: 2025
Total Revenue$223K
Total Expenses$192K
Total Assets$2.6M
Grants Given294
Grant Total$1.0M
Filing Years2021–2025

Sample Grants Given

BURLESON HIGHER EDUCATION FUND
BURLESON, TX · 2025
2025 DONATION FOR SCHOLARSHIPS FOR BURLESON STUDENTS
$16,500
CHILDREN'S ADVOCACY CENTER OF JOHNSON CNTY
CLEBURNE, TX · 2025
SERVICES TO CHILD VICTIMS OF ABUSE AND NEGLECT
$12,500
MEALS ON WHEELS NORTH CENTRAL TEXAS INC
CLEBURNE, TX · 2025
MEALS FOR AGED
$12,500
EAST CLEBURNE COMMUNITY CENTER
CLEBURNE, TX · 2025
CHILDREN'S COMMUNITY CENTER OPERATING FUNDS
$10,000
HOPE INC
KEENE, TX · 2025
HEALING OUTREACH PROFESSIONAL ENDEAVOR-FREE MEDICAL
$10,000

Showing up to 5 of 294 total records — full history available with membership.

Officers & Directors

TRUSTEE Marilyn S King
TRUSTEE/PRESIDENT Mike Lehrmann
TRUSTEE Pamela L Smith
CO-SECRETARY/TREASURER Pam Watson
CO-SECRETARY/TREASURER Rose Nunn
TRUSTEE Sue Ann Smith

Officer compensation and complete director data available with membership.

Top Grant Purposes

DONATED 39 WORKS OF ART, 3 ARROWHEAD COLLECTIONS, AND 2 BARBED WIRE COLLECTIONS. APPRAISAL USED TO DETERMINE FAIR MARKET VALUE AT THE TIME OF THE DISBURSEMENT IN JULY 2023.
$243,449 1 grant
SERVICES TO CHILD VICTIMS OF ABUSE AND NEGLECT
$77,500 9 grants
CHILDREN'S COMMUNITY CENTER OPERATING FUNDS
$52,500 9 grants
MEALS FOR AGED
$50,250 9 grants
HEALING OUTREACH PROFESSIONAL ENDEAVOR-FREE MEDICAL
$29,750 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $223K $192K $2.6M
2024 $184K $179K $2.5M
2023 $98K $403K $2.5M
2022 $94K $133K $2.7M
2021 $2.3M $64K $2.8M

Between 2021 and 2025, reported annual revenue declined from $2.3M to $223K (-90%), with total assets most recently reported at $2.6M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AR, AZ, CA, FL, IL, KS, and 3 other states.

ARAZCAFLILKSMAOKTX

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for MUSTANG FOUNDATION

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