David and Judy Norsworthy Charitable

AUSTIN, TX EIN: 30-6701268

David and Judy Norsworthy Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $25.7M in total assets. In 2024, it awarded 10 grants totaling $1.1M. Net investment income was $339K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$25.7M

-3.0% YoY

Annual Giving

$1.1M

+2.8% YoY

Grant Count

10

+100.0% YoY

Avg Grant Size

$108K

-48.6% YoY

Under IRS private-foundation payout rules, David and Judy Norsworthy Charitable reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.

About David and Judy Norsworthy Charitable

Based on IRS filings

David and Judy Norsworthy Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $25.7M in total assets. In 2024, it awarded 10 grants totaling $1.1M. Net investment income was $339K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AlvinBastropBen WheelerCollege StationDripping SpringsFort WorthFredericksburgGeorgetownGranburyLubbockMagnoliaMontgomeryMyrtle BeachSan Antonio

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$12M$18M$24M202220232024
Metric202420232022
Total Assets$25,679,231$26,459,875$21,307,900
Revenue$596,308$6,386,268$21,978,873
Expenses$1,376,952$1,234,293$69,430
Qualifying Distributions$1,150,541$1,115,204
Net Investment Income$338,739$555,490$229,809
Distributable Amount$1,445,652$1,144,837$1,052,398

Giving Over Time

Total grant dollars and number of grants per year

$0$271K$541K$812K$1M0 grants20225 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

The Rescued Animals Seco…$200KSaving Hope Animal Rescue$200KLiving Grace Canine Ranch$100KThe Joyful Horse Project$100KHabitat for Horses Inc$100KThe Pegasus Project$100KMission K9 Rescue Inc$100KSunny Creek Ranch Equine…$75KTexas Rescue Inc$57KHill Ctry Soc for Prev o…$50K

Grant Size Distribution

15 grants across all recorded years

<$50K4$50–100K7$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Rescued Animals Second Chance I ($200,000), Saving Hope Animal Rescue ($200,000), Living Grace Canine Ranch ($100,000).

RecipientPurposeAmount
Hill Ctry Soc for Prev of Cruelty o Fredericksburg, TXTo support charitable purpose$50,000
Texas Rescue Inc Granbury, TXTo support charitable purpose$57,100
Living Grace Canine Ranch Georgetown, TXTo support charitable purpose$100,000
Sunny Creek Ranch Equine Services Montgomery, TXTo support charitable purpose$75,000
The Joyful Horse Project Bastrop, TXTo support charitable purpose$100,000
The Rescued Animals Second Chance I Lubbock, TXTo support charitable purpose$200,000
Habitat for Horses Inc Alvin, TXTo support charitable purpose$100,000
The Pegasus Project Ben Wheeler, TXTo support charitable purpose$100,000
Mission K9 Rescue Inc Magnolia, TXTo support charitable purpose$100,000
Saving Hope Animal Rescue Fort Worth, TXTo support charitable purpose$200,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Frost BankTrustee$180K

From 2024 filing

NameTitleHoursCompensation
Frost BankTrustee3$179,700

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is David and Judy Norsworthy Charitable?

David and Judy Norsworthy Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds $25.7M in total assets as of 2024.

How large is David and Judy Norsworthy Charitable?

As of 2024, David and Judy Norsworthy Charitable holds $25.7M in total assets with $596K in annual revenue. It awarded 10 grants totaling $1.1M in 2024.

Where does David and Judy Norsworthy Charitable operate?

David and Judy Norsworthy Charitable has awarded grants in South Carolina, Texas.

What size grants does David and Judy Norsworthy Charitable award?

In 2024, David and Judy Norsworthy Charitable awarded 10 grants totaling $1.1M — an average of about $108K per grant, based on its IRS Form 990 filings.

How much is David and Judy Norsworthy Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David and Judy Norsworthy Charitable reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is David and Judy Norsworthy Charitable's EIN?

David and Judy Norsworthy Charitable's EIN (Employer Identification Number) is 30-6701268. IRS Form 990 filing data is available on this page for 2022–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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