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Richard And Lois Worthington Foundation is a private corporation based in ANACORTES, WA. The foundation received its IRS ruling in 1999. The principal officer is Livengood Fitzgerald And Alskog. It holds total assets of $5.5M. Annual income is reported at $1.8M. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Washington. According to available records, Richard And Lois Worthington Foundation has made 31 grants totaling $1.4M, with a median grant of $35K. The foundation has distributed between $325K and $400K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $400K distributed across 8 grants. Individual grants have ranged from $10K to $115K, with an average award of $45K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$33K
Average Grant
$41K
Largest Grant
$115K
Based on 8 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.
Richard And Lois Worthington Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in WA.
Richard And Lois Worthington Foundation has distributed a total of $1.4M across 31 grants. The median grant size is $35K, with an average of $45K. Individual grants have ranged from $10K to $115K.
The application deadline is VARIOUS. The richard & lois worthington foundation makes grants primarily to support educational institutions, high school students, education-related activities and religious organizations.
Richard And Lois Worthington Foundation is headquartered in ANACORTES, WA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| B Michael Matheson | TREASURER | $0 | $0 | N/A |
| Barbara Matheson | PRESIDENT | $0 | $0 | N/A |
| Molly Hendricks | 1ST V PRES | $0 | $0 | N/A |
| Richard Matheson | 2ND V PRES | $0 | $0 | N/A |
| Katherine Metcalf | SECRETARY | $0 | $0 | N/A |
Total Giving
$384K
Total Assets
$5.4M
Fair Market Value
$6.5M
Net Worth
$5.4M
Grants Paid
$345K
Contributions
N/A
Net Investment Income
$121K
Distribution Amount
$313K
Total: $5.1M
Total Grants
31
Total Giving
$1.4M
Average Grant
$45K
Median Grant
$35K
Unique Recipients
8
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Anacortes School FoundationGENERAL SUPPORT ACTIVITIES | Anacortes, WA | $115K | 2023 |
| Island Hospital FoundationMENTAL HEALTH - ANACORTES MIDDLE SCH | Anacortes, WA | $100K | 2023 |
| Boys & Girls Club Of Skagit CountyGENERAL SUPPORT ACTIVITIES | Mount Vernon, WA | $60K | 2023 |
| Anacortes Community ShelterGENERAL SUPPORT ACTIVITIES | Anacortes, WA | $35K | 2023 |
| Richard C Worthington Junior CitizeSCHOLARSHIPS | Bothell, WA | $15K | 2023 |
| Greater Seattle Business AssociatioSCHOLARSHIP FUND | Seattle, WA | $10K | 2023 |
| Sacred Earth Foundation Ekone RanchSADDLE UP CAPITAL CAMPAIGN | Goldendale, WA | $10K | 2023 |
| Westminister Presbyterian ChurchFOOD TO GO | Anacortes, WA | $35K | 2022 |