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CH Foundation
CH Foundation is a foundation based in Lubbock, Texas. It manages approximately $200 million in assets across three funds, primarily focused on North America.
CH Foundation
CH Foundation is a foundation based in Lubbock, Texas. It manages approximately $200 million in assets across three funds, primarily focused on North America.
General information
Firm type
Endowment / Foundation
Year founded
1969
Location
Region
North America
Country
United States
City
Lubbock
Corporate office
Lubbock, TX, United States
Principals
Mark Griffin
Trustee
Sector focus
Frequently asked questions
Who established the CH Foundation and what is its source of wealth?
Christine DeVitt established the CH Foundation in 1969 using wealth inherited from the Mallet Ranch. The ranch is a historic cattle operation with significant landholdings across four West Texas counties, and its associated oil and gas royalties continue to generate revenue for the foundation's endowment and grantmaking budget.
Does the CH Foundation make grants outside of Lubbock, Texas?
The foundation's grantmaking is heavily concentrated in Lubbock, Texas, with very limited activity elsewhere. Its primary partners are Texas Tech University and the Texas Tech University Health Sciences Center. Organizations seeking funding for projects outside the Lubbock area are unlikely to find alignment with the foundation's stated geographic focus.
What is the CH Foundation's relationship to Mallet Ranch?
Mallet Ranch is the legacy operating asset from which the foundation's wealth originates. The ranch comprises land in Hockley, Terry, Cochran, and Yoakum Counties, Texas, and its mineral estate produces oil and gas royalties. The foundation continues to derive financial support from these holdings, creating an enduring link between agricultural operations and institutional philanthropy.
How is the CH Foundation related to the Helen Jones Foundation?
Both foundations were established by sisters from the DeVitt family. Christine DeVitt founded the CH Foundation, while her sister Helen DeVitt Jones founded the Helen Jones Foundation. They operate as separate philanthropic entities with distinct grantmaking activities, though both share roots in the family's ranching wealth and a commitment to the Lubbock region.
Who currently governs investment and grant decisions at the CH Foundation?
The foundation is governed by a small board of trustees. Mark Griffin, a Lubbock-based business leader and President of The Griffin Companies, serves as a trustee and is a known steward of the foundation's operational and investment decisions. The foundation maintains a lean governance structure consistent with a private foundation of its size.
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