Lola Wright Foundation

AUSTIN, TX EIN: 74-6054717

Lola Wright Foundation is a private foundation, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.9M in total assets. In 2024, it awarded 1 grants totaling $1.5M. Net investment income was $2.0M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$21.9M

+1.8% YoY

Annual Giving

$1.5M

+29.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1.5M

+29.3% YoY

Under IRS private-foundation payout rules, Lola Wright Foundation reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.

About Lola Wright Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $6.6M (100%)

States

Texas

Cities

Austin

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$21,866,006	$21,470,079	$21,339,309
Revenue	$2,313,438	$1,591,293	$1,392,513
Expenses	$1,919,881	$1,460,523	$1,485,697
Qualifying Distributions	$1,543,222	$1,198,440	$1,216,035
Net Investment Income	$1,964,149	$1,347,946	$1,138,679
Distributable Amount	$1,470,634	$1,354,252	$1,368,629

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Open Grants

1 open opportunity from Lola Wright Foundation

Foundation

Lola Wright Foundation Grant

Lola Wright Foundation

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See attached Sch A ($1,505,189).

Recipient	Purpose	Amount
See attached Sch A Austin, TX	Various - see attached listing.	$1,505,189

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Wilford Flowers	President	1	$3,500
Paul Hilgers	Vice President	1	$3,500
Ron Oliveira	Secretary	1	$3,500
Adrian Rhae Fowler	Director	1	$3,500
Perla Cavazos	Director	1	$1,400
Brandy Mueller	Director	1	$3,500
Shalonda Horton	Director	1	$2,800

Frequently Asked Questions

How large is Lola Wright Foundation?

As of 2024, Lola Wright Foundation holds $21.9M in total assets with $2.3M in annual revenue. It awarded 1 grants totaling $1.5M in 2024.

Where does Lola Wright Foundation operate?

Lola Wright Foundation has awarded grants in Texas.

What size grants does Lola Wright Foundation award?

In 2024, Lola Wright Foundation awarded 1 grants totaling $1.5M — an average of about $1.5M per grant, based on its IRS Form 990 filings.

How much is Lola Wright Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lola Wright Foundation reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.