Adolf & Kaethe Wechsler Memorial Fund

DALLAS, TX EIN: 76-0442309

Adolf & Kaethe Wechsler Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 3 grants totaling $48K. Net investment income was $92K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+3.1% YoY

Annual Giving

$48K

-4.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$16K

-4.1% YoY

Under IRS private-foundation payout rules, Adolf & Kaethe Wechsler Memorial Fund reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.

About Adolf & Kaethe Wechsler Memorial Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Arkansas $86K (33%)

Colorado $86K (33%)

Texas $86K (33%)

States

Arkansas Colorado Texas

Cities

DenverGalvestonHot Springs

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,060,406	$1,028,536	$1,064,670
Revenue	$109,789	$37,259	$-10,679
Expenses	$75,257	$72,077	$85,262
Qualifying Distributions	$58,386	$58,623	$67,085
Net Investment Income	$91,767	$20,345	$11,504
Distributable Amount	$60,897	$56,481	$59,076

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Levi Hospital System ($16,150), Galveston Historical Foundation ($16,150), National Jewish Health ($16,150).

Recipient	Purpose	Amount
LEVI HOSPITAL SYSTEM HOT SPRINGS, AR	SUPPORT FOR MEDICAL	$16,150
GALVESTON HISTORICAL FOUNDATION GALVESTON, TX	UNRESTRICTED GENERAL	$16,150
NATIONAL JEWISH HEALTH DENVER, CO	SUPPORT FOR MEDICAL	$16,150

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	CO-TRUSTEE	1	$17,590
DENNIS BETTISON	CO-TRUSTEE	1	$6,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Adolf & Kaethe Wechsler Memorial Fund?

Adolf & Kaethe Wechsler Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $1.1M in total assets as of 2024.

How large is Adolf & Kaethe Wechsler Memorial Fund?

As of 2024, Adolf & Kaethe Wechsler Memorial Fund holds $1.1M in total assets with $110K in annual revenue. It awarded 3 grants totaling $48K in 2024.

Where does Adolf & Kaethe Wechsler Memorial Fund operate?

Adolf & Kaethe Wechsler Memorial Fund has awarded grants in Arkansas, Colorado, Texas.

What size grants does Adolf & Kaethe Wechsler Memorial Fund award?

In 2024, Adolf & Kaethe Wechsler Memorial Fund awarded 3 grants totaling $48K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Adolf & Kaethe Wechsler Memorial Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Adolf & Kaethe Wechsler Memorial Fund reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Adolf & Kaethe Wechsler Memorial Fund's EIN?

Adolf & Kaethe Wechsler Memorial Fund's EIN (Employer Identification Number) is 76-0442309. IRS Form 990 filing data is available on this page for 2020–2024.