Richard W George Jr Charitable

HENDERSON, TX EIN: 16-6565730

Richard W George Jr Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it awarded 2 grants totaling $515K. Net investment income was $516K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.3M

-0.3% YoY

Annual Giving

$515K

-0.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$257K

-0.3% YoY

Under IRS private-foundation payout rules, Richard W George Jr Charitable reported a distributable amount of $604K for 2024 — the minimum it must pay out in qualifying distributions.

About Richard W George Jr Charitable

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $2.6M (100%)

States

Texas

Cities

CorsicanaWaco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$8,344,000	$8,366,776	$8,638,981
Revenue	$582,175	$336,560	$561,185
Expenses	$604,951	$608,765	$666,293
Qualifying Distributions	$547,980	$547,705	$605,314
Net Investment Income	$515,802	$275,017	$479,117
Distributable Amount	$603,790	$546,347	$549,612

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Baptist Church ($257,250), Baylor University ($257,250).

Recipient	Purpose	Amount
FIRST BAPTIST CHURCH CORSICANA, TX	CHARITABLE OPERATIONS	$257,250
BAYLOR UNIVERSITY WACO, TX	CHARITABLE OPERATIONS	$257,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Richard W George Jr Charitable?

Richard W George Jr Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSON, TX. It holds $8.3M in total assets as of 2024.

How large is Richard W George Jr Charitable?

As of 2024, Richard W George Jr Charitable holds $8.3M in total assets with $582K in annual revenue. It awarded 2 grants totaling $515K in 2024.

Where does Richard W George Jr Charitable operate?

Richard W George Jr Charitable has awarded grants in Texas.

What size grants does Richard W George Jr Charitable award?

In 2024, Richard W George Jr Charitable awarded 2 grants totaling $515K — an average of about $257K per grant, based on its IRS Form 990 filings.

How much is Richard W George Jr Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard W George Jr Charitable reported a distributable amount of $604K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Richard W George Jr Charitable's EIN?

Richard W George Jr Charitable's EIN (Employer Identification Number) is 16-6565730. IRS Form 990 filing data is available on this page for 2020–2024.