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Burnett Foundation

FORT WORTH, TX EIN: 81-6523186 Website

The Burnett Foundation is a private independent foundation based in Fort Worth, Texas. The organization is designated as a 501(c)(3) and operates as a grantmaking foundation focused on philanthropic activities across multiple states and regions.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$7.4M

-91.4% YoY

Grant Count

6

-70.0% YoY

Avg Grant Size

$1.2M

-71.4% YoY

Under IRS private-foundation payout rules, Burnett Foundation reported a distributable amount of $602K for 2023 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary mission is to provide support for major museum projects and other cultural institutions, social service agencies, community development groups, and educational institutions.

The foundation's activities include the public display of works of art in a public park, with substantial viewership from the general public.

Grantmaking

The foundation funds initiatives across multiple U.S. cities and states including Amarillo, Azle, Bronx, Fort Worth, Oklahoma City, Phoenix, Rancho Mirage, and Santa Fe, with presence in Arizona, California, New Mexico, New York, Oklahoma, and Texas.

Grant Range

$5,000

Average Grant

$5,000

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Geographic Focus

Where this funder awards grants

Primary funding regions include:

  • Texas (particularly Fort Worth area)
  • Oklahoma
  • New Mexico
  • Arizona
  • California
  • New York

Grant Distribution by State

6states

Cities

AmarilloAzleBronxFort WorthLubbockOklahoma CityPhoenixRancho MirageSanta Fe

Financial History

Multi-year comparison from IRS filings

2023 Financial Summary:

  • Total assets: $9,194,074
  • Total expenses: $7,419,555
  • Total giving: $7,358,886
  • Revenue: -$1,708,379 (negative)

2024 Financial Summary:

  • Total assets: $0 (reported)
  • Annual grants: $7.4M
  • Expense ratio: -434.3% of total revenue
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24M$48M$72M$96M2020202120222023
Metric202320222021
Total Assets$9,194,074$158,615,244
Revenue$-1,708,379$10,093,685$-29,005,336
Expenses$7,419,555$86,883,598$6,550,615
Qualifying Distributions$7,364,836$86,250,507$4,274,925
Net Investment Income$7,672$10,565,965
Distributable Amount$602,336$5,344,771$10,081,307

Giving Over Time

Total grant dollars and number of grants per year

$0$21M$43M$64M$86M18 grants20204 grants202120 grants20226 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2023

GEORGIA O'KEEFFE MUSEUM$2.3MAMERICAN QUARTER HORSE F…$1.4MFORT WORTH ART ASSOCIATION$1.3MFORT WORTH ART ASSOCIATI…$959KKIMBELL ART MUSEUM$920KNATIONAL COWGIRL MUSEUM …$460K

Grant Size Distribution

48 grants across all recorded years

10<$50K2$50–100K10$100–250K5$250–500K6$500K–1M10$1–5M5$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Georgia O'keeffe Museum ($2,299,652), American Quarter Horse Foundation ($1,379,791), Fort Worth Art Association ($1,340,801).

RecipientPurposeAmount
AMERICAN QUARTER HORSE FOUNDATION AMARILLO, TXGENERAL SUPPORT$1,379,791
FORT WORTH ART ASSOCIATION FORT WORTH, TXGENERAL SUPPORT$1,340,801
FORT WORTH ART ASSOCIATION ENDOWMENT FOUNDATION FORT WORTH, TXGENERAL SUPPORT$958,851
GEORGIA O'KEEFFE MUSEUM SANTA FE, NMGENERAL SUPPORT$2,299,652
KIMBELL ART MUSEUM FORT WORTH, TXGENERAL SUPPORT$919,861
NATIONAL COWGIRL MUSEUM & HALL OF FAME OKLAHOMA CITY, OKGENERAL SUPPORT$459,930

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by a board of trustees serving without compensation:

  • John L. Marion
  • Anne Windfohr Grimes
  • V. Neils Agather
  • Dee Kelly Jr.
  • Trish Doswell

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
JOHN L MARIONTRUSTEE1
ANNE WINDFOHR GRIMESTRUSTEE1
V NEILS AGATHERTRUSTEE2
DEE KELLY JRTRUSTEE1
TRISH DOSWELLTRUSTEE1

Recent News & Activity

Recent developments and announcements

The foundation has made significant grants in recent years, including a $1 million contribution to support domestic violence prevention efforts.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Burnett Foundation fund?

The foundation's primary mission is to provide support for major museum projects and other cultural institutions, social service agencies, community development groups, and educational institutions. The foundation's activities include the public display of works of art in a public park, with substantial viewership from the general public.

How do I apply for a grant from Burnett Foundation?

**Grant Activity:** • Total giving in 2023: $7,358,886 • 2024 grants awarded: 6 grants • Historical grant volume: 4,592 total grants (previous year data) • Typical award range: $17,000,000–$25,000,000 • Average grant size: $5,000 **Funding Focus Areas:** • Arts and cultural grants • Arts access and participation • Creative writing • Wildlife grants • Education • Human services • Philanthropy and voluntarism **Geographic Funding Distribution:** The foundation funds initiatives across multiple U.…

Where does Burnett Foundation make grants?

Primary funding regions include: • Texas (particularly Fort Worth area) • Oklahoma • New Mexico • Arizona • California • New York

What size grants does Burnett Foundation award?

In 2023, Burnett Foundation awarded 6 grants totaling $7.4M — an average of about $1.2M per grant, based on its IRS Form 990 filings.

How much is Burnett Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Burnett Foundation reported a distributable amount of $602K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Burnett Foundation's EIN?

Burnett Foundation's EIN (Employer Identification Number) is 81-6523186. IRS Form 990 filing data is available on this page for 2020–2023.

Explore Open Grants

Browse active grant opportunities in Burnett Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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