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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. Total assets have decreased from $5.8M in 2011 to $4.3M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in California. 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.
Smallest Grant
$15K
Median Grant
$69K
Average Grant
$67K
Largest Grant
$127K
Based on 5 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.
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 | N/A |
| Bruce Worster | PRESIDENT | $0 | $0 | N/A |
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 |
| Occidental CollegeGENERAL USE | Los Angeles, CA | $1K | 2023 |
| Santa Barbara FoundationGENERAL USE | Santa Barbara, CA | $1K | 2023 |
| Ensemble Theatre Company Of Santa Barbara IncGENERAL USE | Santa Barbara, CA | $1K | 2023 |
| The Regents Of The Univ Of CaGENERAL USE | Oakland, CA | $100K | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA