William and Marsha Rickett
William and Marsha Rickett is a private foundation, based in Burleson, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $11.3M in total assets. In 2025, it awarded 3 grants totaling $125K. Net investment income was $1.6M.
Key facts about William and Marsha Rickett
In short: William and Marsha Rickett gave $125K across 3 grants in 2025 (avg $42K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- EIN
- 27-1499314
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $125,000
- Grants made (2025)
- 3
- Average grant
- $41,667
- Median grant
- $30,000
- Total assets
- $11,333,912
- Primary geography
- Texas (76% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$11.3M
+32.5% YoY
Annual Giving
$125K
+31.6% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$42K
+31.6% YoY
Under IRS private-foundation payout rules, William and Marsha Rickett reported a distributable amount of $446K for 2025 — the minimum it must pay out in qualifying distributions.
How William and Marsha Rickett gives
- Giving grew 213% from 2022 to 2025. Method
- In 2025 it paid out 69% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with William and Marsha Rickett?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $40K (2022) to $284K (2023). In 2025 it made 3 grants totaling $125K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Arlington Museum of Art ($75K). Together the top 3 received $125K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 9 grants of 14 (64%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Arlington Museum of Art Arlington, TX | General Support | $75,000 |
| Ou Michael F Price College of Business Norman, OK | General Support | $30,000 |
| Texas Rangers Foundation Arlington, TX | General Support | $20,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $11,333,912 | $8,551,467 | $6,993,752 |
| Revenue | $3,146,275 | $1,836,892 | $100,797 |
| Expenses | $363,830 | $279,177 | $502,772 |
| Qualifying Distributions | $307,057 | $239,902 | $455,696 |
| Net Investment Income | $1,615,478 | $363,879 | $149,683 |
| Distributable Amount | $446,309 | $365,478 | $340,968 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 24, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
William and Marsha Rickett is led by William G. Rickett, President & Director on every filing since 2020; 1 of 4 officers listed in 2025 is compensated.
Officers on the 2025 filing
William G. Rickett
President & Director
On filings since 2020
0.5 hrs/week
No compensation reported
Cynthia Rickett Stites
Treasurer & Director
On filings since 2020
5 hrs/week
No compensation reported
Marsha L. Rickett
Vice President & Director
On filings since 2020
0.5 hrs/week
No compensation reported
Charlotte Basta
Secretary
On filings since 2020
1 hr/week
$18K (2020) → $19K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $19K, to Charlotte Basta (Secretary).
Frequently asked questions about William and Marsha Rickett
How much does William and Marsha Rickett give each year?
William and Marsha Rickett gave $125K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $95K across 3 grants.
What is William and Marsha Rickett's typical grant size?
William and Marsha Rickett's median grant in 2025 was $30,000, and its average grant was $41,667, across 3 grants on its 2025 IRS Form 990-PF.
Where does William and Marsha Rickett give grants?
William and Marsha Rickett gives mostly in Texas: 76% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Oklahoma (24%). The most frequent recipient cities were Arlington, TX (2 grants).
Does William and Marsha Rickett give general operating support?
Yes: 100% of William and Marsha Rickett's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is William and Marsha Rickett?
William and Marsha Rickett reported $11.3M in total assets on its 2025 IRS Form 990-PF. It paid out $307K in qualifying distributions that year, against a required minimum of $446K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is William and Marsha Rickett's EIN?
William and Marsha Rickett's EIN (Employer Identification Number) is 27-1499314. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching William and Marsha Rickett by hand.
Explore Open Grants
Browse active grant opportunities in William and Marsha Rickett's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Gil and Dody Weaver Foundation
Dallas, TX
The foundation’s grants supported camps and outdoor experiences, STEM programming, and community services, with 99% of 2025 grant dollars going to Texas; grants typically had a median of $4,000, though amounts varied widely. Its 2024 filing described an application process, but the foundation later merged and transferred its assets effective September 30, 2025, so those instructions are not current and it appears to have wound down.
Assets
—
Grants
27
Total Given
$740K
Council of Interstate Testing Agencies Inc
Linthicum, MD
Coordination of administration of exams in various states to candidates for licensure as dentists and dental hygienists.
Assets
$759
Grants
1
Total Given
$200K
Highland Dallas Foundation Inc
Dallas, TX
SEE 4A BELOW
Assets
$82.1M
Grants
1
Total Given
$3.8M
Circuit Trail Conservancy
Dallas, TX
To act as the private partner in public/private partnerships with the city of dallas and raise private funds for design, construction, enhancement, operation, and maintenance of, and the provision of educational programs for, pedestrian and bicycle trails and facilities in the dallas trail network plan.
Assets
$7.3M
Grants
1
Total Given
$64K
Co Tr Uw a L Stevens - Dallas Fdn
Dallas, TX
Assets
$12.7M
Grants
1
Total Given
$716K
Howard Earl Rachofsky Foundation
Dallas, TX
Assets
$5K
Grants
2
Total Given
$52K
Ashish and Sugeeta Kohli Family
Northbrook, IL
Assets
$90K
Grants
2
Total Given
$6K
Cotton Bowl Foundation
Arlington, TX
To make a positive impact on those who play the game, attend the game, and support the game. To serve the communities associated with the cotton bowl classic by supporting: -programs that improve opportunities for underserved youth in North Texas; -programs that benefit competing team's community; -organizations with a legacy of contributing to the cotton bowl's success; and -specific, timely needs that present a unique opportunity for cbf to demonstrate community leadership and responsiveness (ex:natural disasters).
Assets
$13.2M
Grants
5
Total Given
$761K
The Harvey and Joyce Mitchell Family
Dallas, TX
Assets
$101K
Grants
7
Total Given
$34K
Todd a Williams Family Foundation
Dallas, TX
The foundation funds education, community development, and general support, with most 2024 grants going to organizations in Texas. Its eight grants ranged from $600 to $100,000, with a median of $6,500. It says it does not restrict giving to preselected organizations and accepts applications using its form; no deadline is listed.
Assets
$714K
Grants
8
Total Given
$186K
Shea Family Foundation
Parker, TX
Assets
$950K
Grants
9
Total Given
$60K
Stanley M Truhlsen Family Foundation Inc
Dallas, TX
The Stanley M Truhlsen Family Foundation supports organizations in areas including arts, wildlife and wetland restoration, charitable services, public policy, and animal welfare. Its 2025 grants ranged from $5,000 to $450,000, with a median of $25,000, and most funding went to Nebraska, followed by Tennessee and Texas. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$833K
Grants
18
Total Given
$1.0M
More Funders in Texas
William and Marsha Rickett down — hundreds of funders to go?