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Susan & Bruce Worster Foundation is a private corporation based in MONTECITO, CA. The foundation received its IRS ruling in 2001. The principal officer is % Susan Worster. It holds total assets of $4.2M. Annual income is reported at $1.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Susan & Bruce Worster Foundation has made 39 grants totaling $1.7M, with a median grant of $25K. The foundation has distributed between $302K and $705K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $705K distributed across 18 grants. Individual grants have ranged from $1K to $127K, with an average award of $42K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in California and Massachusetts. Contributions to this foundation are tax-deductible.
Susan & Bruce Worster Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in CA, MA.
Susan & Bruce Worster Foundation has distributed a total of $1.7M across 39 grants. The median grant size is $25K, with an average of $42K. Individual grants have ranged from $1K to $127K.
Susan & Bruce Worster Foundation typically selects its grantees rather than accepting unsolicited proposals.
Susan & Bruce Worster Foundation is headquartered in MONTECITO, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan Worster | SECRETARY | $0 | $0 | $0 |
| Bruce Worster | PRESIDENT | $0 | $0 | $0 |
Total Giving
$346K
Total Assets
$4.3M
Fair Market Value
$5.5M
Net Worth
$4.3M
Grants Paid
$302K
Contributions
$114K
Net Investment Income
$78K
Distribution Amount
$256K
Total: $4M
Total Grants
39
Total Giving
$1.7M
Average Grant
$42K
Median Grant
$25K
Unique Recipients
12
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| J Paul Getty TrustGENERAL USE | Los Angeles, CA | $3K | 2023 |
| Regents Of The University Of CaGENERAL USE | Oakland, CA | $105K | 2023 |
| Harvey Mudd CollegeGENERAL USE | Claremont, CA | $80K | 2023 |
| Santa Barbara Museum Of ArtGENERAL USE | Santa Barbara, CA | $70K | 2023 |
| Uc Santa Barbara FoundationGENERAL USE | Santa Barbara, CA | $25K |
| 2023 |
| Santa Barbara Museum Of Natural HistoryGENERAL USE | Santa Barbara, CA | $10K | 2023 |
| Santa Barbara SymphonyGENERAL USE | Santa Barbara, CA | $5K | 2023 |
| Wellesley CollegeGENERAL USE | Wellesley, MA | $1K | 2023 |
| Santa Barbara FoundationGENERAL USE | Santa Barbara, CA | $1K | 2023 |
| Ensemble Theatre Company Of Santa Barbara IncGENERAL USE | Santa Barbara, CA | $1K | 2023 |
| Occidental CollegeGENERAL USE | Los Angeles, CA | $1K | 2023 |
| The Regents Of The Univ Of CaGENERAL USE | Oakland, CA | $100K | 2021 |
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