GWG Foundation
GWG Foundation is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $454K in total assets. In 2021, it made $109 in qualifying distributions.
GWG Foundation at a glance
- Total assets
- $454,304
- +15.0% vs 2020
- Revenue (2021)
- $117
- -85.3% vs 2020
- Qualifying distributions (2021)
- $109
- Expenses (2021)
- $809
- -95.7% vs 2020
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who GWG Foundation funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How GWG Foundation gives
- In 2021 it paid out 1% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 2 grants totaling $13K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| JH Outback Ministries Inc Birmingham, AL | General Operating Grant | $10,000 |
| Brotherhood of the Fallen Dallas Inc Dallas, TX | General Operating Grant | $2,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2021 | $454,304 | $117 | $809 | — | — | $109 | $20,224 |
| 2020 | $394,996 | $798 | $18,692 | $12,500 | 2 | — | $21,140 |
Under IRS private-foundation payout rules, GWG Foundation reported a distributable amount of $20K for 2021 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
GWG Foundation is led by Murray T. Holland, President on every filing since 2020; none of the 3 officers listed in 2021 report compensation.
Officers on the 2021 filing
Murray T. Holland
President
On filings since 2020
2 hrs/week
No compensation reported
Barbara Silvermann
Vice President & Secretary
On filings since 2020
5 hrs/week
No compensation reported
Timothy L. Evans
Treasurer & Secretary
Treasurer → Treasurer & Secretary, 2021
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about GWG Foundation
How large is GWG Foundation?
GWG Foundation reported $454K in total assets on its 2021 IRS Form 990-PF. It paid out $109 in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does GWG Foundation operate?
GWG Foundation has awarded grants in Alabama, Texas.
What is GWG Foundation's EIN?
GWG Foundation's EIN (Employer Identification Number) is 81-2440655. IRS Form 990 filing data is available on this page for 2020–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
Live grants for the work GWG Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in GWG Foundation's focus areas in our free grants database
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Figures come from GWG Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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