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Webster Educational Foundation is a private corporation based in LIVINGSTON, TX. The foundation received its IRS ruling in 2014. The principal officer is Shelly Sitton. It holds total assets of $11.4M. Annual income is reported at $2.7M. Total assets have grown from N/A in 2013 to $11.6M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2023. Grantmaking is concentrated in Texas. According to available records, Webster Educational Foundation has made 32 grants totaling $1.9M, with a median grant of $27K. Annual giving has grown from $504K in 2019 to $929K in 2022. Individual grants have ranged from $694 to $370K, with an average award of $60K. The foundation has supported 16 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$30K
Average Grant
$55K
Largest Grant
$166K
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.
Webster Educational Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in TX.
Webster Educational Foundation has distributed a total of $1.9M across 32 grants. The median grant size is $27K, with an average of $60K. Individual grants have ranged from $694 to $370K.
The application deadline is SEE STATEMENT FOR LINE 2A & LINE 2D. Restricted to entities that will promote, assist and further the cultural, artistic, educational, literary, recreational, charitable, and historical activities, and facilities carried on or maintained by the cities of livingston and corrigan, texas and polk county, texas for the residents of said cities and county.
Webster Educational Foundation is headquartered in LIVINGSTON, TX.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Matthew Page | DIRECTOR | $12K | $0 | $12K |
| Gene Bush | PRES/DIRECTO | $12K | $0 | $12K |
| Anthony Page | VP/DIRECTOR | $12K | $0 | $12K |
| Shelly Sitton | SECRETARY | $12K | $0 | $12K |
| Janan Moore | DIRECTOR | $12K | $0 | $12K |
Total Giving
$750K
Total Assets
$11.6M
Fair Market Value
$7.3M
Net Worth
$11.1M
Grants Paid
$653K
Contributions
N/A
Net Investment Income
$384K
Distribution Amount
$370K
Total Grants
32
Total Giving
$1.9M
Average Grant
$60K
Median Grant
$27K
Unique Recipients
16
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Livingston IsdSCHOLARSHIPS | Livingston, TX | $370K | 2022 |
| Corrigancamden IsdSCHOLARSHIPS | Corrigan, TX | $224K | 2022 |
| Big Sandy IsdSCHOLARSHIPS | Livingston, TX | $56K | 2022 |
| City Of CorriganPUBLIC LIBRARY REPAIRS | Corrigan, TX | $51K | 2022 |
| Onalaska VfdGENERAL OPERATIONS | Onalaska, TX | $50K | 2022 |
| Corrigan VfdGENERAL OPERATIONS | Corrigan, TX | $50K | 2022 |
| Livingston VfdGENERAL OPERATIONS | Livingston, TX | $50K | 2022 |
| Leggett IsdSCHOLARSHIPS | Leggett, TX | $22K | 2022 |
| Onalaska IsdSCHOLARSHIPS | Onalaska, TX | $21K | 2022 |
| Goodrich IsdSCHOLARSHIPS | Goodrich, TX | $14K | 2022 |
| Boys & Girls Club Of Polk CountySCHOLARSHIPS | Livingston, TX | $10K | 2022 |
| Corrigan Area Heritage CenterGENERAL OPERATIONS | Corrigan, TX | $5K | 2022 |
| Elexia BrownSCHOLARSHIP | Moscow, TX | $4K | 2022 |
| Ashley BrownSCHOLARSHIP | Moscow, TX | $1K | 2022 |
| Jennifer Maria MillerSCHOLARSHIP | Jackonville, TX | $1K | 2019 |
| Rtravia WyattSCHOLARSHIP | Livingston, TX | $694 | 2019 |