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Bettis Foundation is a private corporation based in THE WOODLANDS, TX. The foundation received its IRS ruling in 2012. The principal officer is Bruce F Berie. It holds total assets of $320K. Annual income is reported at $58K. Total assets have decreased from $483K in 2011 to $349K in 2022. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2022. Grantmaking is concentrated in Texas. According to available records, Bettis Foundation has made 14 grants totaling $77K, with a median grant of $5K. Annual giving has grown from $21K in 2020 to $56K in 2022. Individual grants have ranged from $3K to $8K, with an average award of $6K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$6K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bettis Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in TX.
Bettis Foundation has distributed a total of $77K across 14 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $3K to $8K.
Bettis Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bettis Foundation is headquartered in THE WOODLANDS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Norma Kay Lord | Director | $0 | $0 | N/A |
| Adrienne M Lord | Director | $0 | $0 | N/A |
| April E Lord | Director | $0 | $0 | N/A |
| Amy M Lord | Director | $0 | $0 | N/A |
Total Giving
$29K
Total Assets
$349K
Fair Market Value
$363K
Net Worth
$349K
Grants Paid
$28K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$20K
Total Grants
14
Total Giving
$77K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
2
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Edwards UniversityOffice of Univesity Advancement | Austin, TX | $8K | 2022 |
| Interfaith Of The WoodlandsFood Pantry | The Woodlands, TX | $5K | 2022 |