Worthington Foundation

OLYMPI, WA EIN: 91-1645951

Worthington Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLYMPI, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $41K in total assets. In 2024, it awarded 3 grants totaling $37K. Net investment income was $265.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$41K

-47.0% YoY

Annual Giving

$37K

-3.7% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$12K

-3.7% YoY

Under IRS private-foundation payout rules, Worthington Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Worthington Foundation

Based on IRS filings

Worthington Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLYMPI, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $41K in total assets. In 2024, it awarded 3 grants totaling $37K. Net investment income was $265.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

LaceySeattleTumwater

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$27K$41K$54K20202021202220232024
Metric202420232022
Total Assets$40,961$77,296$114,766
Revenue$432$578$589
Expenses$36,767$38,048$49,049
Qualifying Distributions$36,760$38,040$49,040
Net Investment Income$265$530$540
Distributable Amount$2,908$4,723$6,838

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$25K$37K$49K3 grants20203 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Gramin Vikas Vigyan Samiti$35KCapitol Land Trust$1KL C Tyagi Memorial Trust$500

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Gramin Vikas Vigyan Samiti ($35,100), Capitol Land Trust ($1,000), L C Tyagi Memorial Trust ($500).

RecipientPurposeAmount
L C Tyagi Memorial Trust Grant$500
Gramin Vikas Vigyan Samiti Grant$35,100
Capitol Land Trust Tumwater, ALGrant$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
W GARY WORTHINGTONOFFICER-TRUSTEE1
SANDRA R WORTHINGTONOFFICER-TRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Worthington Foundation?

Worthington Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLYMPI, WA. It holds $41K in total assets as of 2024.

How large is Worthington Foundation?

As of 2024, Worthington Foundation holds $41K in total assets with $432 in annual revenue. It awarded 3 grants totaling $37K in 2024.

Where does Worthington Foundation operate?

Worthington Foundation has awarded grants in Alabama, Washington.

What size grants does Worthington Foundation award?

In 2024, Worthington Foundation awarded 3 grants totaling $37K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Worthington Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Worthington Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Worthington Foundation's EIN?

Worthington Foundation's EIN (Employer Identification Number) is 91-1645951. 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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