Richard&lois Worthington Foundation
Richard&lois Worthington Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANACORTES, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 2 grants totaling $520K. Net investment income was $176K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.5M
+3.0% YoY
Annual Giving
$520K
+50.7% YoY
Grant Count
2
-71.4% YoY
Avg Grant Size
$260K
+427.5% YoY
About Richard&lois Worthington Foundation
Based on IRS filings
Richard&lois Worthington Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANACORTES, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 2 grants totaling $520K. Net investment income was $176K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,533,796 | $5,374,462 | $5,536,294 |
| Revenue | $722,122 | $222,189 | $587,938 |
| Expenses | $562,789 | $384,022 | $453,356 |
| Qualifying Distributions | $520,000 | $345,000 | $400,000 |
| Net Investment Income | $175,953 | $120,635 | $158,565 |
| Distributable Amount | $315,365 | $312,804 | $310,931 |
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
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARBARA MATHESON | PRESIDENT | — | — |
| MOLLY HENDRICKS | 1ST V PRES | — | — |
| RICHARD MATHESON | 2ND V PRES | — | — |
| KATHERINE METCALF | SECRETARY | — | — |
| B MICHAEL MATHESON | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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