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Nelda C. & H.J. Lutcher Stark Foundation
The foundation was established in 1961 by H.J. Lutcher Stark and Nelda Childers Stark. Its mandate centers on education and quality-of-life improvements in...
Nelda C. & H.J. Lutcher Stark Foundation
The foundation was established in 1961 by H.J. Lutcher Stark and Nelda Childers Stark. Its mandate centers on education and quality-of-life improvements in Southeast Texas, executed through ownership of operating cultural properties. Asset allocation includes 5.85 percent in private equity alongside public equity holdings valued at $165.8 million and corporate bonds at $26.3 million as of the 2022 990-PF filing. Confirmed holdings encompass the Stark Museum of Art, Shangri La Botanical Gardens and Nature Center, The W.H. Stark House, and Frances Ann Lutcher Theater for the Performing Arts, all located in Orange, Texas. The foundation also retains residual timber and land assets in Southeast Texas and maintains a diversified corporate stock portfolio that includes positions in Microsoft, Apple, and Alphabet. The organization employs no disclosed headcount figure and maintains no additional offices beyond its Orange headquarters. It participates in the Texas Association of Museums and channels grants to the University of Texas at Austin, including support for the Stark Center for Physical Culture and Sports. No operational events from the last 24 months appear in available records. The foundation integrates operating-company ownership of cultural venues with limited external investment exposure, creating a structure where asset management directly sustains mission programs instead of relying solely on endowment distributions or third-party managers.
General information
Firm type
Endowment / Foundation
Year founded
1961
Location
Region
North America
Country
United States
City
Orange
Corporate office
601 West Green Avenue, Orange, TX, United States
Principals
Clyde V. McKee III
President and CEO
H.J. Lutcher Stark
Co-founder
Nelda C. Stark
Co-founder
Sector focus
Frequently asked questions
Who runs investment decisions at Nelda C. & H.J. Lutcher Stark Foundation?
Clyde V. McKee III serves as President and CEO and oversees operations including the investment portfolio.
Does Nelda C. & H.J. Lutcher Stark Foundation participate in fund commitments or only direct deals?
The foundation holds a 5.85 percent allocation to private equity and maintains an alternative investment portfolio as a limited partner.
What asset classes appear in the portfolio?
Holdings include private equity, public equities, corporate bonds, timber and land, and direct ownership of cultural real estate.
How is Nelda C. & H.J. Lutcher Stark Foundation related to the University of Texas at Austin?
The foundation has provided grants supporting the Stark Center for Physical Culture and Sports at the university.
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