Mercedes T Bass Charitable Corporation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$633K
+2.7% YoY
Annual Giving
$3.2M
+7.4% YoY
Grant Count
17
-10.5% YoY
Avg Grant Size
$190K
+20.0% YoY
Mission & Focus Areas
The foundation does not provide a public mission statement. However, its grantmaking demonstrates a strong focus on classical music and performing arts organizations, particularly symphony orchestras and opera companies.
Grantmaking
The foundation is an active grantmaker with significant annual giving. In fiscal year 2024, the foundation made 23 grants totaling $3,230,950 in charitable distributions.
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Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple regions, with particular emphasis on institutions in Texas (Fort Worth), New York, and Colorado (Aspen).
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024 (as of June 2024):
- Total Assets: $633,064
- Total Revenues: $3,247,847
- Total Expenses: $7,231,294
- Total Giving: $3,230,950
- Number of Employees: 0
The foundation operates with no paid staff.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $633,064 | $616,167 | $1,164,500 |
| Revenue | $3,247,847 | $2,460,000 | $3,000,333 |
| Expenses | $7,231,294 | $3,008,333 | $2,251,333 |
| Qualifying Distributions | $3,230,950 | $3,008,333 | $2,251,333 |
| Net Investment Income | $24,014 | — | — |
| Distributable Amount | $48,788 | $56,931 | $51,522 |
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
99 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
Thomas W White serves as Vice President, Secretary, and Treasurer of the foundation.
The foundation is supported by Sid R Bass.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MERCEDES T BASS | PRESIDENT/DIRECTOR | — | — |
| FERNANDA M KELLOGG | VICE PRESIDENT/DIRECTOR | — | — |
| THOMAS W WHITE | VICE PRESIDENT/SECRETARY/TREASURER | — | — |
| GARY W REESE | VICE PRESIDENT/ASST TREASURER | — | — |
| HARRIET O'NEILL | VICE PRESIDENT/DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
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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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