William Wright Family Foundation

WICHITA FALLS, TX EIN: 75-2743584

William Wright Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WICHITA FALLS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.0M in total assets. In 2024, it awarded 10 grants totaling $650K. Net investment income was $419K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.0M

-1.9% YoY

Annual Giving

$650K

+4.0% YoY

Grant Count

10

+11.1% YoY

Avg Grant Size

$65K

-6.4% YoY

Under IRS private-foundation payout rules, William Wright Family Foundation reported a distributable amount of $597K for 2024 — the minimum it must pay out in qualifying distributions.

About William Wright Family Foundation

Based on IRS filings

William Wright Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WICHITA FALLS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.0M in total assets. In 2024, it awarded 10 grants totaling $650K. Net investment income was $419K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AmarilloArlingtonChildressCrested ButteDallasHoustonNew YorkPittsburgPlanoThorntonVernon

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$331K$661K$992K$1M20202021202220232024
Metric202420232022
Total Assets$12,042,392$12,278,818$12,665,153
Revenue$424,873$247,856$350,393
Expenses$661,299$634,191$627,304
Qualifying Distributions$650,000$625,000$610,000
Net Investment Income$418,981$375,130$344,846
Distributable Amount$596,743$604,576$594,162

Giving Over Time

Total grant dollars and number of grants per year

$0$194K$388K$581K$775K11 grants202011 grants202111 grants20229 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Alzheimer's Drug Discove…$200KUnited Mitochondrial Dis…$200KThe Salvation Army of No…$60KBoys & Girls Club of Ver…$50KOrganization for Autism …$28KFrontiers of Flight Museum$28KAdaptive Sports Center$25KDallas Theological Semin…$20KUT MD Anderson Cancer Ce…$20KRed River Valley Museum$20K

Grant Size Distribution

52 grants across all recorded years

26<$50K16$50–100K8$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Alzheimer's Drug Discovery Foundation ($200,000), United Mitochondrial Disease Foundation ($200,000), The Salvation Army of North Texas ($60,000).

RecipientPurposeAmount
Adaptive Sports Center Crested Butte, COFor continuance of mission$25,000
Alzheimer's Drug Discovery Foundation New York, NYFor continuance of research$200,000
Boys & Girls Club of Vernon Inc Vernon, TXOperational Support$50,000
Dallas Theological Seminary Dallas, TXGeneral Education Fund$20,000
The Salvation Army of North Texas Dallas, TXIn memory of Kelsey Wright$60,000
United Mitochondrial Disease Foundation Pittsburg, PAFor continuation of research$200,000
UT MD Anderson Cancer Center Houston, TXFor continuance of research$20,000
Red River Valley Museum Vernon, TXOperational Support$20,000
Organization for Autism Research Arlington, VAFor Continuance of Mission$27,500
Frontiers of Flight Museum Dallas, TXOperational Support$27,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
William Dan WrightPresident/Director
Betty Duane BoltonVice President/Director
Patricia WrightSecretary/Treasurer
Sarah LowryDirector
James BoltonDirector
William Austen WrightDirector

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is William Wright Family Foundation?

William Wright Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WICHITA FALLS, TX. It holds $12.0M in total assets as of 2024.

How large is William Wright Family Foundation?

As of 2024, William Wright Family Foundation holds $12.0M in total assets with $425K in annual revenue. It awarded 10 grants totaling $650K in 2024.

Where does William Wright Family Foundation operate?

William Wright Family Foundation has awarded grants in Colorado, New York, Pennsylvania, Texas, Virginia.

What size grants does William Wright Family Foundation award?

In 2024, William Wright Family Foundation awarded 10 grants totaling $650K — an average of about $65K per grant, based on its IRS Form 990 filings.

How much is William Wright Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William Wright Family Foundation reported a distributable amount of $597K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William Wright Family Foundation's EIN?

William Wright Family Foundation's EIN (Employer Identification Number) is 75-2743584. 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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