William and Marsha Rickett is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLESON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.6M in total assets. In 2024, it awarded 3 grants totaling $95K. Net investment income was $364K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.6M
+22.3% YoY
Annual Giving
$95K
-66.5% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$32K
-77.7% YoY
Under IRS private-foundation payout rules, William and Marsha Rickett reported a distributable amount of $365K for 2024 — the minimum it must pay out in qualifying distributions.
About William and Marsha Rickett
Based on IRS filings
William and Marsha Rickett is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLESON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.6M in total assets. In 2024, it awarded 3 grants totaling $95K. Net investment income was $364K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,551,467 | $6,993,752 | $7,395,727 |
| Revenue | $1,836,892 | $100,797 | $639,459 |
| Expenses | $279,177 | $502,772 | $258,247 |
| Qualifying Distributions | $239,902 | $455,696 | $202,069 |
| Net Investment Income | $363,879 | $149,683 | $109,387 |
| Distributable Amount | $365,478 | $340,968 | $310,523 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Arlington Museum of Art ($50,000), Christ's Haven for Children ($25,000), Texas Rangers Foundation ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TEXAS RANGERS FOUNDATION ARLINGTON, TX | GENERAL SUPPORT | $20,000 |
| ARLINGTON MUSEUM OF ART ARLINGTON, TX | GENERAL SUPPORT | $50,000 |
| CHRIST'S HAVEN FOR CHILDREN KELLER, TX | GENERAL SUPPORT | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM G RICKETT | PRESIDENT / DIRECTOR | 0.5 | — |
| MARSHA L RICKETT | VICE PRESIDENT / DIRECTOR | 0.5 | — |
| CYNTHIA RICKETT STITES | TREASURER / DIRECTOR | 5 | — |
| CHARLOTTE BASTA | SECRETARY | 1 | $9,746 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is William and Marsha Rickett?
William and Marsha Rickett is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLESON, TX. It holds $8.6M in total assets as of 2024.
How large is William and Marsha Rickett?
As of 2024, William and Marsha Rickett holds $8.6M in total assets with $1.8M in annual revenue. It awarded 3 grants totaling $95K in 2024.
Where does William and Marsha Rickett operate?
William and Marsha Rickett has awarded grants in Illinois, New York, Oklahoma, Texas.
What size grants does William and Marsha Rickett award?
In 2024, William and Marsha Rickett awarded 3 grants totaling $95K — an average of about $32K per grant, based on its IRS Form 990 filings.
How much is William and Marsha Rickett required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, William and Marsha Rickett reported a distributable amount of $365K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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