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George And Magnolia Willis Sealy Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 1986. The principal officer is Bank Of America Na. It holds total assets of $4.4M. Annual income is reported at $819K. Total assets have grown from $229K in 2011 to $4.4M in 2024. The foundation is governed by 3 officers and trustees. Various small charities not in excess of 10,000. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Texas. According to available records, George And Magnolia Willis Sealy Foundation has made 21 grants totaling $672K, with a median grant of $10K. Annual giving has grown from $50K in 2020 to $192K in 2024. Grantmaking activity was highest in 2022 with $360K distributed across 6 grants. Individual grants have ranged from $5K to $320K, with an average award of $32K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$8K
Largest Grant
$25K
Based on 6 grants from the most recent 990-PF filing.
Trinity episcopal church -galveston
Expenses: $25K
Various small charitable orgin. In galveston
Expenses: $25K
Various small charities not in excess of 10,000. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in TX.
George And Magnolia Willis Sealy Foundation has distributed a total of $672K across 21 grants. The median grant size is $10K, with an average of $32K. Individual grants have ranged from $5K to $320K.
George And Magnolia Willis Sealy Foundation typically selects its grantees rather than accepting unsolicited proposals.
George And Magnolia Willis Sealy Foundation is headquartered in HOUSTON, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| SEALY HATHAWAY HOPKINSON | DIRECTOR | $0 | $0 | N/A |
| GEORGE SEALY IV | DIRECTOR | $0 | $0 | N/A |
| WILLIAM E PINCKARD | OFFICER/DIRECTOR | $0 | $0 | N/A |
Total Giving
$192K
Total Assets
$4.4M
Fair Market Value
$5.9M
Net Worth
$3.9M
Grants Paid
$192K
Contributions
$750K
Net Investment Income
$49K
Distribution Amount
$170K
Total: $2.4M
Total Grants
21
Total Giving
$672K
Average Grant
$32K
Median Grant
$10K
Unique Recipients
10
Most Common Grant
$10K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyPROVIDE HOT MEALS | Galveston, TX | $10K | 2021 |
| TRINITY EPISCOPAL CHURCHGENERAL SUPPORT | HOUSTON, TX | $192K | 2024 |
| UtmbBENEFIT OF SCHOOL OF NURSING | Galveston, TX | $320K | 2022 |
| St Vincents HouseHUMAN NEEDS | Galveston, TX | $10K | 2022 |
| Christis Our Daily Bread-GalvestonPROVIDE MEALS TO HOMELESS | Galveston, TX | $10K | 2022 |
| Resource & Assis Center GalvestonCOUNCIL OF SEXUAL ASSAULT | Galveston, TX | $10K | 2022 |
| Galveston Island Meal On WheelsPROVIDE MEALS | Galveston, TX | $5K | 2022 |
| International Oleander SocietyHISTORICAL REVIEW | Galveston, TX | $5K | 2022 |
| Bryan MuseumSAME | Galveston, TX | $10K | 2021 |
| Trinty Episcopal ChurchCOV. 19 ASSISTANTS | Galveston, TX | $25K | 2020 |