Lee & Ramona Bass Foundation

FORT WORTH, TX EIN: 75-2495163

The Lee and Ramona Bass Foundation is a private foundation established in October 1994 and based in Fort Worth, Texas. The foundation operates as a 501(c)(3) organization with a focus on educational institutions, community programs, and environmental initiatives.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$87.7M

+11.4% YoY

Annual Giving

$1.7M

-68.5% YoY

Grant Count

5

-37.5% YoY

Avg Grant Size

$333K

-49.6% YoY

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

Mission & Focus Areas

The foundation funds grants in the following categories:

  1. Education: Schools, colleges, and universities within Texas, with emphasis placed upon faculty development and liberal arts programs
  2. Community Programs and Projects: Particularly related to the arts and the environment, including museums, zoos, and educational/research institutions

Primary funding focus areas include wildlife, higher education, science research, and nonprofit support, with particular emphasis on Texas-based initiatives.

Grantmaking

The foundation does not accept unsolicited applications and operates on an invite-only basis.

Grant Range

$177,000

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Geographic Focus

Where this funder awards grants

The foundation supports initiatives across multiple U.S. states and cities, including:

States: Idaho, Kentucky, Oklahoma, Tennessee, Texas, and Virginia

Cities: Austin, Boise, Dallas, Fort Worth, Kerrville, Kingsville, Lexington, Nashville, Stillwater, and Strasburg

Grant Distribution by State

7states

Cities

AustinBoiseDallasFort WorthGlen RoseKerrvilleKingsvilleLexingtonNashvilleStillwaterStrasburg

Financial History

Multi-year comparison from IRS filings

As of December 2023

  • Total assets: $78.7 million
  • Total revenue: $3.9 million
  • Total expenses: $1.1 million
  • Total liabilities: $1.07 million
  • Investment income and dividends: $1.098 million
  • Giving rate: 6.7% of assets

Historical Comparison (2022)

  • Total assets: $65.8 million
  • Total giving: $23.1 million across 10 grants
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$12M$17M$23M20202021202220232024
Metric202420232022
Total Assets$87,682,183$78,687,032$65,789,838
Revenue$4,924,932$3,904,262$1,885,700
Expenses$4,026,697$1,124,898$21,060,138
Qualifying Distributions$1,745,685$5,415,891$18,208,074
Net Investment Income$4,723,527$3,746,066$1,582,632
Distributable Amount$4,230,850$3,198,939$2,388,321

Giving Over Time

Total grant dollars and number of grants per year

$0$6M$12M$17M$23M8 grants20208 grants202110 grants20228 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

University of Texas at A…$945KThe International Rhino …$250KFossil Rim Wildlife Cent…$250KThe Peregrine Fund Inc$200KOpportunity in Overalls$20K

Grant Size Distribution

39 grants across all recorded years

3<$50K2$50–100K12$100–250K5$250–500K9$500K–1M4$1–5M4$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Lee M. Bass: President and Treasurer
  • Ramona S. Bass: Trustee
  • Preston M Geren III: Executive Director

All key personnel serve without compensation.

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Recent News & Activity

Recent developments and announcements

2023

Ramona Bass has been recognized as the driving force behind the Fort Worth Zoo's transformation and success over a 30-year public-private partnership. Her involvement began when she visited the zoo in the 1980s and was motivated to improve the facility. The foundation's $3.4 million grant to the Fort Worth Zoological Association in 2023 supported the A Wilder Vision Master Plan Project, which includes award-winning exhibits such as Elephant Springs, featuring three generations of Asian elephants living as they would in the wild.

Related Funders

Similar funders by location and focus area

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

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