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O'DONNELL FOUNDATION

DALLAS, TX 756023326

The O'Donnell Foundation in Dallas, Texas, focuses on arts, education, and sciences, with assets of $142 million, supporting projects mainly in Texas, and is led by William T. Solomon.

Overview

About O'DONNELL FOUNDATION

The O'Donnell Foundation, based in Dallas, Texas, is a significant philanthropic organization with assets totaling approximately $142 million. The foundation focuses on funding initiatives in arts and culture, education, higher education, science, engineering, and mathematics. It primarily supports projects in Texas, particularly in the cities of Austin, Dallas, and Richardson. In the fiscal year, the foundation reported expenses of about $37.9 million and revenue of approximately $106.9 million. The foundation is led by William T. Solomon, who serves as Chairman, President, and CEO, and is supported by a board of directors and other key personnel. The foundation's leadership includes individuals with roles such as Vice-Chairman, VP & Director of Arts Program, and VP & Secretary & Treasurer, with varying levels of compensation and hours dedicated to the foundation's activities.

Focus Areas

Arts and cultureEducationHigher educationScienceEngineeringMathematics- Less

Geographic Focus

TX
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $142.3M
Total Awarded This Year $33.5M
Average Grant Size $3.7M
Total Grants (Previous Year) 1,448
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
DALLAS, TX US
Geographic Funding Distribution

Financials

Total Assets
$142,276,998

in 2024, compared to $87,717,619 in 2023

Annual Grants
$33,526,386

9 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
20 grants found
Amount
Recipient
Purpose Location
Year
$102,387,780 UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER AT DALLAS
OPERATIONS
5323 HARRY HINES BLVD DALLAS, TX US 2023
$11,595,386 DALLAS SYMPHONY ASSOCIATION
OPERATIONS
2301 N FLORA ST DALLAS, TX US 2024
$10,550,000 SOUTHERN METHODIST UNIVERSITY
OPERATIONS
6425 BOAZ LANE DALLAS, TX US 2024
$7,500,000 THE UNIVERSITY OF TEXAS AT DALLAS
OPERATIONS
800 W CAMPBELL RD RICHARDSON, TX US 2024
$5,710,583 UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER AT DALLAS
OPERATIONS
5323 HARRY HINES BLVD DALLAS, TX US 2022
$2,280,000 UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER AT DALLAS
OPERATIONS
5323 HARRY HINES BLVD DALLAS, TX US 2024
$1,150,000 THE ACADEMY OF MEDICINE ENGINEERING & SCIENCE OF TEXAS
OPERATIONS
3925 W BRAKER LANE SUITE 38018 AUSTIN, TX US 2023
$1,025,250 THE UNIVERSITY OF TEXAS AT DALLAS
OPERATIONS
800 W CAMPBELL RD RICHARDSON, TX US 2022
$1,001,750 THE UNIVERSITY OF TEXAS AT DALLAS
OPERATIONS
800 W CAMPBELL RD RICHARDSON, TX US 2023
$1,000,000 THE DALLAS OPERA
OPERATIONS
2403 FLORA ST DALLAS, TX US 2023
Only the first 10 grants are currently displayed out of 20 total

People

Leadership & Staff

Compensation data from most recent available 990 forms

WTS

WILLIAM T SOLOMON

CHAIRMAN, PRESIDENT & CEO

$466,229 2024
WTS

WILLIAM T SOLOMON

CHAIRMAN, PRESIDENT & CEO

$448,112 2023
WTS

WILLIAM T SOLOMON

CHAIRMAN, PRESIDENT & CEO

$433,034 2022
TA

TIFFANY ARMSTRONG

VP & SECRETARY & TREASURER

$291,336 2024
TA

TIFFANY ARMSTRONG

VP & SECRETARY & TREASURER

$276,091 2023
Showing 5 of 27 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024