Amon G Carter Foundation
The Amon G Carter Foundation is a private foundation based in Fort Worth, Texas, established in 1945 and tax-exempt since January 1947. The foundation was created by Amon G. Carter, and upon his death in 1955, it received the major portion of his estate. A defining aspect of Carter's legacy was his desire to make his art collection accessible to the public, leading to the opening of the Amon Carter Museum in 1961 in Fort Worth's cultural district.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$553.1M
+10.5% YoY
Annual Giving
$40.0M
+10.3% YoY
Grant Count
172
+17100.0% YoY
Avg Grant Size
$233K
-99.4% YoY
Mission & Focus Areas
The foundation's mission reflects Amon G. Carter's philosophy: "I have come to realize that they who acquire wealth are more or less stewards in the application of that wealth to others of the human family who are less fortunate than themselves."
The foundation grants primarily for:
- Arts & Humanities
- Education
- Health & Medicine
- Social Services
- Civic and community endeavors that enhance quality of life
- Programs for youth and the elderly
A significant commitment of the foundation is its support of the Amon Carter Museum of American Art. The Board of Directors dedicates approximately one-half of the annual grant budget to the Museum's operations, capital improvements, and additions to its permanent collection. The Museum houses Amon G. Carter's notable collection of paintings and sculpture by Frederic Remington and Charles Russell, along with significant works by other American artists.
Grantmaking
Recent grant activity demonstrates the foundation's active giving:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations and initiatives in Texas, with a particular emphasis on the Fort Worth area and surrounding regions.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $501 million
- Total Revenue: $17.5 million
- Total Expenses: $44.1 million
- Total Liabilities: $0
Recent data:
- Total Assets: $553,053,361
- Total Giving: $40,031,652
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $553,053,361 | $500,547,546 | $527,273,117 |
| Revenue | $100,474,347 | $17,488,942 | $55,647,607 |
| Expenses | $47,968,532 | $44,143,283 | $41,885,002 |
| Qualifying Distributions | $41,370,211 | $37,491,546 | $34,848,897 |
| Net Investment Income | $99,213,041 | $13,957,781 | $47,724,474 |
| Distributable Amount | $35,584,827 | $36,081,872 | $36,899,756 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Open Grants
1 open opportunity from Amon G Carter Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated significant recent grantmaking activity, particularly in support of education and arts initiatives:
Multiple grants awarded to Texas Center for Arts + Academics ($85,000 in both 2024 and 2025)
Amon G. Carter Foundation Awards $85,000 to Texas Center for Arts + Academics\Major commitment to Texas A&M University's downtown Fort Worth campus expansion with grants totaling $10.75-$10.8 million in 2024
Amon G. Carter Foundation Drops $10 million Gift for Texas A&M-Fort WorthThe foundation continues to maintain active grant programs and publishes annual grant lists documenting its philanthropic activities.
Contact Information
Mailing Address: PO Box 1036, Fort Worth, TX 76101-1036
Physical Address: 201 Main Street, Suite 1945, Fort Worth, TX 76102
Phone: 817-332-2783
Fax: 817-332-2787
Email:
- Grants & Administrative Issues: mwallace@agcf.org
- Mineral Inquiries: cmcneal@agcf.org
Website: www.agcf.org
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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