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Discovery Foundation is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 1996. The principal officer is Roger M Dixon. It holds total assets of $10.9M. Annual income is reported at $5.5M. The foundation is governed by 5 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 2023. According to available records, Discovery Foundation has made 51 grants totaling $2.8M, with a median grant of $40K. The foundation has distributed between $591K and $1.6M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.6M distributed across 20 grants. Individual grants have ranged from $5K to $250K, with an average award of $55K. The foundation has supported 25 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$30K
Average Grant
$37K
Largest Grant
$95K
Based on 14 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.
Discovery Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 51 grants. Its grantmaking reaches organizations primarily in TX.
Discovery Foundation has distributed a total of $2.8M across 51 grants. The median grant size is $40K, with an average of $55K. Individual grants have ranged from $5K to $250K.
Discovery Foundation typically selects its grantees rather than accepting unsolicited proposals.
Discovery Foundation is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dr Robert Gottlieb | EXECUTIVE DIRECTOR | $0 | $0 | N/A |
| Dr David Winter | PRESIDENT/CEO/CHAIRMAN/DIRECTOR | $0 | $0 | N/A |
| Clinton W Josey Jr | VICE PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Dr Paul Neubach | VICE PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Dr Amy Anderson | TREASURER/DIRECTOR | $0 | $0 | N/A |
Total Giving
$842K
Total Assets
$10M
Fair Market Value
$15.7M
Net Worth
$10M
Grants Paid
$610K
Contributions
N/A
Net Investment Income
$484K
Distribution Amount
$744K
Total: $9.4M
Total Grants
51
Total Giving
$2.8M
Average Grant
$55K
Median Grant
$40K
Unique Recipients
25
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Baylor Scott And White Dallas FoundationEDUCATIONAL SCHOLARSHIPS | Dallas, TX | $100K | 2023 |
| Baylor University LhsonEDUCATIONAL SCHOLARSHIPS | Dallas, TX | $70K | 2023 |
| To Cure A RoseNURSING SERVICES | Austin, TX | $58K | 2023 |
| Baylor Scott And White Irving FoundationASSISTANCE TO INDIGENT FAMILIES | Irving, TX | $55K | 2023 |
| Helps International IncNURSING SERVICES | Addison, TX | $50K | 2023 |
| New Friends New LifeASSISTANCE TO INDIGENT FAMILIES | Dallas, TX | $40K | 2023 |
| Twelfth Step MinistryNURSING SERVICES | Dallas, TX | $35K | 2023 |
| The Magdalen HouseASSISTANCE TO INDIGENT FAMILIES | Dallas, TX | $35K | 2023 |
| Christ Family ClinicNURSING SERVICES | Dallas, TX | $30K | 2023 |
| Austin CollegeEDUCATIONAL SCHOLARSHIPS | Sherman, TX | $30K | 2023 |
| The Family PlaceASSISTANCE TO INDIGENT FAMILIES | Dallas, TX | $25K | 2023 |
| SaloodASSISTANCE TO INDIGENT FAMILIES | Richardson, TX | $25K | 2023 |
| North Dallas Shared MinistriesASSISTANCE TO INDIGENT FAMILIES | Dallas, TX | $20K | 2023 |
| The Battered Women'S FoundationASSISTANCE TO INDIGENT FAMILIES | North Richland Hills, TX | $10K | 2023 |
| Community Partners DallasASSISTANCE TO INDIGENT FAMILIES | Dallas, TX | $10K | 2023 |
| Simply GraceASSISTANCE TO INDIGENT FAMILIES | Dallas, TX | $10K | 2023 |
| Clayton Dabney For Kids With CancerASSISTANCE TO INDIGENT FAMILIES | Dallas, TX | $8K | 2023 |
| Baylor Scott And White Health FoundationFUNDING | Dallas, TX | $250K | 2022 |
| Texas A&M FoundationFUNDING | College Station, TX | $105K | 2022 |
| The University Of Texas Medical BranchFUNDING | Galveston, TX | $55K | 2022 |
| Baylor UniversityFUNDING | Waco, TX | $47K | 2022 |
| Irving Healthcare FoundationFUNDING | Irving, TX | $103K | 2020 |
| Baylor Health Care System FoundationFUNDING | Dallas, TX | $54K | 2020 |
| Mary Crowley Cancer Research CentersFUNDING | Dallas, TX | $50K | 2020 |
| The Lifesavers FoundationFUNDING | Richardson, TX | $35K | 2020 |