Dorset Foundation Inc
Dorset Foundation Inc is a private foundation located in Sherman, Texas, established in 1957 and incorporated in Texas with tax-exempt status granted in October 1958. The foundation operates with no employees and functions as a grantmaking organization that contributes to exempt charitable organizations rather than conducting direct charitable activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
+11.1% YoY
Annual Giving
$349K
-3.6% YoY
Grant Count
30
-6.3% YoY
Avg Grant Size
$12K
+2.8% YoY
Mission & Focus Areas
The foundation's primary focus is on social and human services, with particular emphasis on youth and human services initiatives. The foundation maintains its corpus to further charitable giving to exempt organizations in need, with a stated commitment to assisting in operations and funding future scholarships.
Recent grant distribution shows that 59% of giving goes to social and human services, 13% to health, and 3% to philanthropy-related grants.
Grantmaking
The foundation made 28 grants in 2024, with a total giving amount of $362,000 to $284,000 documented in recent years.
Review Cycle
.
How to Apply
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Geographic Focus
Where this funder awards grants
Approximately 99% of grants stay in Texas, with primary support directed to local initiatives in Denison and Sherman.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $2,683,670
- Total Revenues: $613,541
- Total Expenses: $396,316
Historical Assets:
- Total Assets: $2,416,071 (prior year)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,683,670 | $2,416,071 | $2,776,382 |
| Revenue | $613,541 | $270,708 | $237,308 |
| Expenses | $396,316 | $407,655 | $375,655 |
| Qualifying Distributions | $396,316 | $407,655 | $375,655 |
| Net Investment Income | $566,225 | $225,053 | $191,653 |
| Distributable Amount | $393,503 | $394,597 | $407,813 |
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
154 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Martha Q Sanderson
- Treasurer: Kay Ellen Kirby
- Secretary: Jim Fallon
- Founder: W.S. Dorset
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTHA Q SANDERSON | PRESIDENT | — | — |
| JUDGE JIM FALLON | VICE PRESIDENT | — | — |
| KAY ELLEN KIRBY | SECRETARY | — | — |
| JUDGE JIM FALLON | TREASURER | — | — |
Recent News & Activity
Recent developments and announcements
The foundation continues active grantmaking with 28 grants distributed in 2024, maintaining consistent support for local social services, health, and human services organizations in the Sherman and Denison area.
The Foundation Marks 20th Anniversary Celebration with Half a Million DistributedRelated Funders
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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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