The Westerman Foundation is a private independent foundation established in June 2000 by Laura Jane Westerman. Based in Plano, Texas, the foundation operates as a 501(c)(3) organization and has been tax-exempt since June 2001. The foundation provides financial support to educational institutions, Christian-based organizations, and programs serving vulnerable populations across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35.7M
+4.6% YoY
Annual Giving
$1.8M
+10.7% YoY
Grant Count
80
-4.8% YoY
Avg Grant Size
$22K
+16.3% YoY
Mission & Focus Areas
Mission Statement: It shall be the mission of this Foundation to provide financial support to educational institutions with emphasis on Catholic education; Christian based organizations, which promote family unity and values; and programs, which provide assistance to the poor and the abused.
The foundation is committed to three primary focus areas:
- Educational institutions with emphasis on Catholic education
- Christian-based organizations that promote family unity and values
- Programs providing assistance to the poor and the abused
The foundation's work is guided by the vision of its founder to provide ongoing support for institutions close to her heart, with particular emphasis on causes related to the Catholic Church.
Grantmaking
The Westerman Foundation has distributed over $5.4 million in grant funding to more than 240 organizations across the United States since its establishment.
Grant Range
$2,000–$50,000
How to Apply
**
Ready to take the next step with The Westerman Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
- Total Assets: $35.7 million
- Total Revenue: $2.35 million
- Total Expenses: $2.14 million
- Total Liabilities: $0
As of Fiscal Year Ending December 2023:
- Total Assets: $34.1 million
- Total Revenue: $561,991
- Total Expenses: $1.95 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,701,629 | $34,116,770 | $32,208,228 |
| Revenue | $2,348,199 | $561,991 | $-247,175 |
| Expenses | $2,143,548 | $1,952,769 | $1,632,629 |
| Qualifying Distributions | $1,961,590 | $1,766,964 | $1,285,878 |
| Net Investment Income | $2,140,560 | $552,110 | $287,279 |
| Distributable Amount | $1,734,456 | $1,653,011 | $1,735,192 |
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
250 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
- Valerie H. Goddard – Executive Director
- Lindsey Thompson – President
- John Settich – Vice President
- Dan Carey – Treasurer
- Julie Westerman – Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VALERIE H GODDARD | EXECUTIVE DIRECTOR | 20 | $78,750 |
| LINDSEY THOMPSON | PRESIDENT | 10 | $25,000 |
| JOHN SETTICH | VICE PRESIDENT | 1 | $5,000 |
| DAN CAREY | TREASURER | 1 | $5,000 |
| JULIE WESTERMAN | DIRECTOR | 1 | $5,000 |
Contact Information
Mailing Address: 6505 W. Park Blvd. Ste. 306-294 Plano, TX 75093
Phone: 813-257-9477
Email: info@thewestermanfoundation.org
Website: thewestermanfoundation.org
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Harold D Miller Endowment Fund
DALLAS, TX
Assets
$890K
Grants
1
Total Given
$44K
Amarillo Business Foundation
AMARILLO, TX
Assets
$4.2M
Grants
13
Total Given
$222K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Westerman Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities