RICHARD&LOIS Worthington Foundation
RICHARD&LOIS Worthington Foundation is a private foundation, based in Anacortes, WA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $6.0M in total assets. In 2025, it awarded 1 grant totaling $348K. Net investment income was $775K.
RICHARD&LOIS Worthington Foundation at a glance
In short: RICHARD&LOIS Worthington Foundation gave $348K across 1 grant in 2025 (avg $348K), mostly in Washington. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $347,615
- -33.2% vs 2024
- Grants made (2025)
- 1
- -50.0% vs 2024
- Average grant
- $347,615
- +33.7% vs 2024
- Median grant
- $347,615
- Total assets
- $5,960,725
- +7.7% vs 2024
- Primary geography
- Washington (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who RICHARD&LOIS Worthington Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Skagit Community Foundation ($348K).
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 16 grants of 26 (62%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How RICHARD&LOIS Worthington Foundation gives
- Giving held roughly steady from 2022 to 2025 (−13%). Method
- In 2025 it paid out 109% of its IRS minimum distribution (the 5% rule). 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
From 2019 to 2025, annual grant giving ranged from $325K (2020) to $520K (2024). In 2025 it made 1 grant totaling $348K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Skagit Community Foundation Mount Vernon, WA | General Support Activities | $347,615 |
Ready to take the next step with RICHARD&LOIS Worthington Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $5,960,725 | $826,810 | $399,882 | $347,615 | 1 | $347,615 | $774,543 | $318,629 |
| 2024 | $5,533,796 | $722,122 | $562,789 | $520,000 | 2 | $520,000 | $175,953 | $315,365 |
| 2023 | $5,374,462 | $222,189 | $384,022 | $345,000 | 7 | $345,000 | $120,635 | $312,804 |
| 2022 | $5,536,294 | $587,938 | $453,356 | $400,000 | 8 | $400,000 | $158,565 | $310,931 |
| 2021 | $5,401,708 | $529,363 | $366,226 | $325,000 | 8 | $325,000 | $352,848 | $349,687 |
| 2020 | $5,238,571 | $238,343 | $362,701 | $325,000 | 8 | — | $81,655 | $258,122 |
| 2019 | $5,362,929 | $186,862 | $373,585 | $335,000 | 24 | — | $142,678 | $304,447 |
Under IRS private-foundation payout rules, RICHARD&LOIS Worthington Foundation reported a distributable amount of $319K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
RICHARD&LOIS Worthington Foundation is led by Barbara Matheson, President on every filing since 2019; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Barbara Matheson
President
On filings since 2019
No compensation reported
Molly Hendricks
1st V President
On filings since 2019
No compensation reported
Richard Matheson
2nd V President
On filings since 2019
No compensation reported
B. Michael Matheson
Treasurer
On filings since 2019
No compensation reported
Katherine Metcalf
Secretary
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 RICHARD&LOIS Worthington Foundation
How much does RICHARD&LOIS Worthington Foundation give each year?
RICHARD&LOIS Worthington Foundation gave $348K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $520K across 2 grants.
How large is RICHARD&LOIS Worthington Foundation?
RICHARD&LOIS Worthington Foundation reported $6.0M in total assets on its 2025 IRS Form 990-PF. It paid out $348K in qualifying distributions that year, against a required minimum of $319K (roughly 5% of its investment assets).
Where does RICHARD&LOIS Worthington Foundation operate?
RICHARD&LOIS Worthington Foundation has awarded grants in Washington.
What is RICHARD&LOIS Worthington Foundation's EIN?
RICHARD&LOIS Worthington Foundation's EIN (Employer Identification Number) is 91-1909665. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 12, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 1, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in RICHARD&LOIS Worthington Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Washington
The Lester and Bernice Smith Foundation
Bellevue, WA
The Lester and Bernice Smith Foundation supports a range of charitable organizations, including education, health, arts, youth mentoring, and family services. Its 2024 grants ranged from $2,000 to $50,000, with a median of $10,000, and primarily supported organizations in Washington, with grants also going to Hawaii, Arizona, Alabama, and Oregon. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$3.0M
Grants
21
Total Given
$262K
North Region EMS & Trauma Care Council
Olympia, WA
The north region ems and trauma care council promotes a coordinated, region-wide health care system to provide quality, comprehensive, and cost effective emergency medical and trauma care to individuals in island, san juan, skagit, snohomish and Whatcom counties.
Assets
$44K
Grants
7
Total Given
$72K
Milton & Miriam Waldbaum Family
Fort Calhoun, NE
The Milton & Miriam Waldbaum Family funds a broad range of charitable work, including Jewish organizations, reproductive rights, food access, education, health, and human services. In 2025, grants ranged from $1,000 to $50,000, with a median of $4,500; giving went mainly to Nebraska, New York, and Washington, though there are no geographic restrictions. It accepts applications at any time and does not limit giving to preselected organizations.
Assets
$3.9M
Grants
54
Total Given
$368K
Kiwanis Club of Anacortes WA Foundation
Anacortes, WA
The Kiwanis Club of Anacortes, WA Foundation's mission is to support the mission and values of Kiwanis International both internationally and in the local community via direct spending, charitable giving through qualifying organizations and through volunteer community service activities.
Assets
$672K
Grants
4
Total Given
$62K
Meredith Corporation Foundation
Des Moines, IA
The foundation funds education, human services for families and children at risk, and arts and culture, with particular interest in arts groups reaching broader audiences. Recent grants were all in Iowa and ranged from $10,000 to $315,000, with a median of $12,500. It accepts written requests during January 15–March 15 and July 15–September 15; telephone requests are not accepted.
Assets
$24.6M
Grants
12
Total Given
$600K
Gates Foundation
Seattle, WA
The Gates Foundation funds work to reduce disease and poverty, improve health and gender equality in lower-income countries, and support education and economic mobility in the United States, especially Washington State; it works in more than 140 countries. Its 2024 grants had a median of $500,000, with awards ranging from $1 to $350.5 million. It generally does not accept unsolicited proposals, but periodically offers opportunities through published requests for proposals.
Assets
$78.7B
Grants
4,974
Total Given
$6.3B
More similar funders
More Funders in Washington
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from RICHARD&LOIS Worthington 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.
RICHARD&LOIS Worthington Foundation down — hundreds of funders to go?