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Wortham Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 1961. The principal officer is % Barbara Carmichael. It holds total assets of $252.6M. Annual income is reported at $22.2M. According to available records, Wortham Foundation has made 4 grants totaling $47.8M, with a median grant of $12.1M. The foundation has distributed between $11M and $24.2M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $24.2M distributed across 2 grants. Individual grants have ranged from $11M to $12.6M, with an average award of $12M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Wortham Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TX.
Wortham Foundation has distributed a total of $47.8M across 4 grants. The median grant size is $12.1M, with an average of $12M. Individual grants have ranged from $11M to $12.6M.
Awards are granted primarily for cultural arts and civic beautification projects and to those projects which benefit the citizens of Houston, Harris County, TX.
Wortham Foundation is headquartered in HOUSTON, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fred C Burns | SECRETARY TREASURER | $50K | $0 | $50K |
| Brady F Carruth | PRESIDENT, ASST TREASURER | $50K | $0 | $50K |
| R W Wortham Iii | CHAIRMAN, ASST TREASURER | $50K | $0 | $50K |
| Brady Carruth Jr | TRUSTEE ASST TREASURER | $50K | $0 | $50K |
| Thomas E Smith | TRUSTEE ASST TREASURER | $50K | $0 | $50K |
Total Giving
$13.1M
Total Assets
$242.4M
Fair Market Value
N/A
Net Worth
$242.1M
Grants Paid
N/A
Contributions
$0
Net Investment Income
$8.6M
Distribution Amount
$12M
Total Grants
4
Total Giving
$47.8M
Average Grant
$12M
Median Grant
$12.1M
Unique Recipients
2
Most Common Grant
$12.1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attachment 18aOPERATIONAL, CAPITAL AND ENDOWMENT GRANTS TO PUBLIC CHARITABLE ORGANIZATIONS IN THE UNITED STATES. | Various, TX | $11M | 2023 |
| See Attachment 18OPERATIONAL, CAPITAL AND ENDOWMENT GRANTS TO PUBLIC CHARITABLE ORGANIZATIONS IN THE UNITED STATES. | Various, TX | $12.6M | 2021 |
Other foundations that have funded Wortham Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Eric & Jessica Zachs Family Foundations Inc. | $5K | 2023 | GENERAL USE |
| Eric & Jessica Zachs Family Foundations Inc. | $5K | 2023 | GENERAL USE |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
HOUSTON, TX
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