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Woodforest Charitable Foundation is a private corporation based in THE WOODLANDS, TX. The foundation received its IRS ruling in 2005. The principal officer is Vicki Richmond. It holds total assets of $146.6M. Annual income is reported at $67.5M. Total assets have grown from $17.3M in 2011 to $146.6M in 2024. The foundation is governed by 6 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 2016 to 2024. Grantmaking is concentrated in Texas. According to available records, Woodforest Charitable Foundation has made 838 grants totaling $14.5M, with a median grant of $3K. Annual giving has grown from $1.3M in 2020 to $10.3M in 2022. Individual grants have ranged from $500 to $1.9M, with an average award of $17K. The foundation has supported 228 unique organizations. The foundation primarily supports organizations in Texas, District of Columbia, North Carolina, which account for 43% of all grants. Grantmaking reaches organizations across 23 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$14K
Largest Grant
$1.1M
Based on 207 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.
Woodforest Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 838 grants. Its grantmaking reaches organizations primarily in TX, DC, NC.
Woodforest Charitable Foundation has distributed a total of $14.5M across 838 grants. The median grant size is $3K, with an average of $17K. Individual grants have ranged from $500 to $1.9M.
Woodforest Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Woodforest Charitable Foundation is headquartered in THE WOODLANDS, TX. While based in TX, the foundation distributes grants to organizations across 23 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Taylor Dio | Advisory Director | $0 | $0 | N/A |
| George Sowers | Director | $0 | $0 | N/A |
| Charles Marling | Treasurer | $0 | $0 | N/A |
| Vicki Richmond | Secretary | $0 | $0 | N/A |
| Kim Marling | Executive Vice President | $0 | $0 | N/A |
| Robert Marling Jr | President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$146.6M
Fair Market Value
N/A
Net Worth
$143.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
838
Total Giving
$14.5M
Average Grant
$17K
Median Grant
$3K
Unique Recipients
228
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The RoseSupport of General Programs | Houston, TX | $20K | 2022 |
| Childrens' Safe HarborSupport of General Programs | Conroe, TX | $1.9M | 2022 |
| Special Program - Conservative Partnership InstituteSupport of General Programs | Washington, DC | $575K | 2022 |
| Childrens Safe HarborSupport of General Programs | Conroe, TX | $500K | 2022 |
| Special Program - Texas Childrens Hospital (Jan And Dan Duncan Nri)Support of General Programs | Houston, TX | $250K | 2022 |
| The Houston Methodist FoundationSupport of General Programs | Houston, TX | $250K | 2022 |
| Boy'S And Girl'S CountrySupport of General Programs | Hockley, TX | $125K | 2022 |
| Youth Reach HoustonSupport of General Programs | Houston, TX | $100K | 2022 |
| Blexit Foundation - Special ProgramsSupport of General Programs | Houston, TX | $100K | 2022 |
| Houston Food BankSupport of General Programs | Houston, TX | $100K | 2022 |
| Casa Child Advocates Of Montgomery CountySupport of General Programs | Conroe, TX | $75K | 2022 |
| Special Program - Reflective Life MinistriesSupport of General Programs | Magnolia, TX | $50K | 2022 |
| Montgomery County Food BankSupport of General Programs | Conroe, TX | $50K | 2022 |
| Food Bank Of Central And Eastern North CarolinaSupport of General Programs | Raleigh, NC | $36K | 2022 |
| Assistance League Of Montgomery CountySupport of General Programs | Conroe, TX | $30K | 2022 |
| North West Harris County Habitat For HumanitySupport of General Programs | Houston, TX | $30K | 2022 |
| Montgomery County Youth ServicesSupport of General Programs | Conroe, TX | $30K | 2022 |
| Community Assistance Center (Mcea)Support of General Programs | Conroe, TX | $30K | 2022 |
| Second Harvest Food Bank Of Nw NcSupport of General Programs | Winston Salem, NC | $26K | 2022 |
| Cassidy Joined For HopeSupport of General Programs | The Woodlands, TX | $25K | 2022 |
| Montgomery County Crime StoppersSupport of General Programs | Conroe, TX | $25K | 2022 |
| Second Harvest Food Bank Of MetrolinaSupport of General Programs | Charlotte, NC | $23K | 2022 |
| Moco Womens CenterSupport of General Programs | The Woodlands, TX | $20K | 2022 |
| North Texas Food BankSupport of General Programs | Dallas, TX | $18K | 2022 |
| Feeding America Sw VirginiaSupport of General Programs | Richmond, VA | $17K | 2022 |