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Wortham Family Foundation is a private corporation based in RICHMOND, VA. The foundation received its IRS ruling in 2015. The principal officer is Virginia B Wortham. It holds total assets of $371K. Annual income is reported at $10K. Total assets have grown from N/A in 2015 to $362K in 2023. The foundation is governed by 4 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 2023. According to available records, Wortham Family Foundation has made 5 grants totaling $3.8M, with a median grant of $1.3M. Annual giving has grown from $1.3M in 2020 to $2.5M in 2022. Individual grants have ranged from $10K to $1.3M, with an average award of $754K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
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.
Wortham Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in VA.
Wortham Family Foundation has distributed a total of $3.8M across 5 grants. The median grant size is $1.3M, with an average of $754K. Individual grants have ranged from $10K to $1.3M.
Wortham Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wortham Family Foundation is headquartered in RICHMOND, VA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Virginia Wortham Kehlenbeck | SECRETARY | $0 | $0 | N/A |
| Coleman Wortham | TREASURER | $0 | $0 | N/A |
| Lindsay B Wortham | VICE PRESIDENT | $0 | $0 | N/A |
| Coleman Wortham Iii | PRESIDENT | $0 | $0 | N/A |
Total Giving
$25K
Total Assets
$362K
Fair Market Value
$694K
Net Worth
$362K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$32K
Total Grants
5
Total Giving
$3.8M
Average Grant
$754K
Median Grant
$1.3M
Unique Recipients
2
Most Common Grant
$1.3M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Children'S Hospital FoundationGENERAL FUNDING | Richmond, VA | $1.3M | 2022 |
| Mission Gait FoundationGENERAL FUNDING | Richmond, VA | $10K | 2022 |