Frank And Betty Wright Foundation Inc. is a private corporation based in POTOMAC, MD. The foundation received its IRS ruling in 1975. The principal officer is % Mendelson & Mendelson Cpas Pc. It holds total assets of $12.8M. Annual income is reported at $5.7M. According to available records, Frank And Betty Wright Foundation Inc. has made 46 grants totaling $3.6M, with a median grant of $50K. The foundation has distributed between $600K and $1.6M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.6M distributed across 18 grants. Individual grants have ranged from $10K to $380K, with an average award of $78K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Virginia and District of Columbia. Contributions to this foundation are tax-deductible.
Frank And Betty Wright Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in VA, DC.
Frank And Betty Wright Foundation Inc. has distributed a total of $3.6M across 46 grants. The median grant size is $50K, with an average of $78K. Individual grants have ranged from $10K to $380K.
Frank And Betty Wright Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Frank And Betty Wright Foundation Inc. is headquartered in POTOMAC, MD. While based in MD, the foundation distributes grants to organizations across 2 states.
Total Giving
$1M
Total Assets
$13.4M
Fair Market Value
$14.9M
Net Worth
$13.4M
Grants Paid
$650K
Contributions
$0
Net Investment Income
$152K
Distribution Amount
$703K
Total: $13.1M
Total Grants
46
Total Giving
$3.6M
Average Grant
$78K
Median Grant
$50K
Unique Recipients
4
Most Common Grant
$35K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Campagna Center IncLITERACY TUTORING/MENTORING PROGRAM | Alexandria, VA | $380K | 2023 |
| Act For AlexandriaACT STAFF FEES AND OPERATING COSTS | Alexandria, VA | $74K | 2023 |
| Act For AxexandriaFUNDERS AFFINITY GROUP | Alexandria, VA | $30K | 2023 |
| United States Department Of StateDRR'S DECLARTION OF LEARNING PROGRAM | Washington, DC | $35K | 2020 |
| 2020 | 990PF | View |
| 2016 | 990PF | View |
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