Worthing Scholarship Fund
The Worthing Scholarship Fund is a private foundation located in Dallas, Texas, established in 1959. The organization operates as a trust with a primary focus on funding scholarships for books at educational institutions.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.3M
+3.8% YoY
Annual Giving
$207K
+12.2% YoY
Grant Count
30
-23.1% YoY
Avg Grant Size
$7K
+45.9% YoY
Mission & Focus Areas
The foundation's primary function is to provide scholarships for books to students at colleges and universities. The fund supports educational advancement through direct scholarship support to institutions across Texas and beyond.
Grantmaking
The foundation does not accept applications.
Grant Range
$2,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds institutions in Texas, with a noted service area including Houston, Texas. However, grants have also been awarded to institutions outside Texas, including Howard University in Washington, D.C., Colby College in Maine, and Emory University in Georgia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (Fiscal Year 2025):
- Total assets: $5,300,186
- Total revenues: $491,727
- Total expenses: $327,235
- Investment income and dividends: $150,296
Historical Assets:
- 2024: $5,000,000
- 2023: $5,200,000
- 2021: $5,300,000
- 2020: $4,600,000
Staffing: The organization operates with 1 employee.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,300,186 | $5,107,396 | $5,023,667 |
| Revenue | $491,727 | $200,577 | $-42,401 |
| Expenses | $327,235 | $281,225 | $258,927 |
| Qualifying Distributions | $270,498 | $235,759 | $191,474 |
| Net Investment Income | $432,854 | $142,240 | $67,219 |
| Distributable Amount | $308,258 | $293,820 | $264,215 |
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 2025
Grant Size Distribution
177 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
Bank of America N.A. serves as Managing Director with compensation of $65,416 (as of December 2024).
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $76,101 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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