//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have grown from $252 in 2010 to $12.8M in 2024. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Virginia and District of Columbia. 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.
Smallest Grant
$11K
Median Grant
$56K
Average Grant
$60K
Largest Grant
$113K
Based on 10 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.
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.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
N/A
Total Assets
$12.8M
Fair Market Value
N/A
Net Worth
$12.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |