Discovery Foundation 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 $10.9M in total assets. In 2024, it awarded 16 grants totaling $637K. Net investment income was $1.6M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.9M
+8.6% YoY
Annual Giving
$637K
+4.3% YoY
Grant Count
16
-5.9% YoY
Avg Grant Size
$40K
+10.9% YoY
Under IRS private-foundation payout rules, Discovery Foundation reported a distributable amount of $775K for 2024 — the minimum it must pay out in qualifying distributions.
About Discovery Foundation
Based on IRS filings
Discovery Foundation 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 $10.9M in total assets. In 2024, it awarded 16 grants totaling $637K. Net investment income was $1.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,850,453 | $9,987,569 | $10,183,508 |
| Revenue | $1,754,996 | $645,536 | $1,030,694 |
| Expenses | $890,619 | $841,896 | $1,033,936 |
| Qualifying Distributions | $735,182 | $698,096 | $859,240 |
| Net Investment Income | $1,597,538 | $484,146 | $870,128 |
| Distributable Amount | $775,296 | $743,716 | $737,892 |
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
71 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Austin College ($66,265), The University of Texas Medical Branch ($60,000), To Cure a Rose ($57,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AUSTIN COLLEGE SHERMAN, TX | EDUCATIONAL SCHOLARSHIPS | $66,265 |
| BAYLOR SCOTT AND WHITE IRVING FOUNDATION IRVING, TX | ASSISTANCE TO INDIGENT FAMILIES | $55,000 |
| BAYLOR UNIVERSITY LHSON DALLAS, TX | EDUCATIONAL SCHOLARSHIPS | $55,472 |
| CHRIST FAMILY CLINIC DALLAS, TX | NURSING SERVICES | $30,000 |
| CLAYTON DABNEY FOR KIDS WITH CANCER DALLAS, TX | ASSISTANCE TO INDIGENT FAMILIES | $15,000 |
| COMMUNITY PARTNERS DALLAS DALLAS, TX | ASSISTANCE TO INDIGENT FAMILIES | $40,285 |
| HELPS INTERNATIONAL INC ADDISON, TX | NURSING SERVICES | $50,000 |
| NEW FRIENDS NEW LIFE DALLAS, TX | ASSISTANCE TO INDIGENT FAMILIES | $40,000 |
| NORTH DALLAS SHARED MINISTRIES DALLAS, TX | ASSISTANCE TO INDIGENT FAMILIES | $30,000 |
| SALOOD RICHARDSON, TX | ASSISTANCE TO INDIGENT FAMILIES | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR DAVID WINTER | PRESIDENT/CEO/CHAIRMAN/DIRECTOR | 5 | — |
| CLINTON W JOSEY JR | VICE PRESIDENT/DIRECTOR | 1 | — |
| DR PAUL NEUBACH | VICE PRESIDENT/DIRECTOR | 1 | — |
| DR AMY ANDERSON | TREASURER/DIRECTOR | 1 | — |
| DR ROBERT GOTTLIEB | EXECUTIVE DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Discovery Foundation?
Discovery Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $10.9M in total assets as of 2024.
How large is Discovery Foundation?
As of 2024, Discovery Foundation holds $10.9M in total assets with $1.8M in annual revenue. It awarded 16 grants totaling $637K in 2024.
Where does Discovery Foundation operate?
Discovery Foundation has awarded grants in Tennessee, Texas.
What size grants does Discovery Foundation award?
In 2024, Discovery Foundation awarded 16 grants totaling $637K — an average of about $40K per grant, based on its IRS Form 990 filings.
How much is Discovery Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Discovery Foundation reported a distributable amount of $775K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Discovery Foundation's EIN?
Discovery Foundation's EIN (Employer Identification Number) is 75-2625743. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Discovery Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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