Sid W. Richardson Foundation Explained

The Sid W. Richardson Foundation is a philanthropic organization founded in 1947 by Sid W. Richardson (1891–1959), a Texan who earned his fortune in the oil industry.^[1] The foundation was primarily funded after his death. As of December 2020 it had assets of $716.8 million. ^[2]

The foundation was led from 1973 to 2011 by Valleau Wilkie Jr., and its current president is Pete Geren.^{[3] [4]}

The foundation focuses on public-private partnerships in the area of education, health, human services, and the arts, to which it has donated $545,189,317 since 1962.^[2] The charter of the foundation stipulated that recipients be in the state of Texas.^[1]

The foundation is housed in the same building as the Sid Richardson Museum which features numerous artworks including several Remington and Russell paintings collected by Sid W. Richardson.

Grants

• Fort Worth Art Association This grant provides operational support for the Modern Art Museum of Fort Worth. $750,000, in 2017.^[5]
• UTeach Dallas received a $200,000 gift from the Foundation in 2008.^[6]
• The Foundation donated $250,000 toward a new building for the Aransas County (Texas) EMS.^[7]
• Grants 2018-2020

Notes and References

1. Web site: Founder . Sid W. Richardson Foundation . 2008-05-26.
2. News: Sid Richardson Foundation, Triennial Report 2018-2020 . 2020-12-31 . . 2022-04-22.
3. http://www.sidrichardson.org/about/leadership/ Leadership in the Sid W. Richardson Foundation
4. Web site: Sid W. Richardson Foundation leader moving on after 38 years . 2011-06-21 . 2011-07-04 . . Branch, Alex .
5. Web site: Sid W Richardson Foundation grants. 2019-08-07 . 2020-03-20 . Sid W Richardson Foundation 990s.
6. Web site: UTeach Dallas Receives $200,000 from Fort Worth Foundation . 2008-05-05 . 2008-05-26 . University of Texas at Dallas.
7. Web site: Ribbon Cut on New EMS Facility . 2008-05-16 . 2008-05-26.