# Sid W. Richardson Foundation

Sid W. Richardson Foundation is an Endowment / Foundation based in Fort Worth, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Fort Worth, United States
- **Region:** North America
- **Address:** 309 Main Street, Fort Worth, TX 76102
- **Founded:** 1947
- **Assets under management:** 716.8 (Altss estimate)
- **Website:** sidrichardson.org
- **LinkedIn:** https://www.linkedin.com/company/sid-w.-richardson-foundation

## Regulatory record

- **Reports private funds:** No

## About

Sid W. Richardson established the foundation in 1947 after building his fortune in oil and gas. Grandnephews Edward P. Bass, Sid R. Bass and Lee M. Bass serve as board officers. The structure channels distributions through the Sid Richardson Memorial Fund for scholarships tied to former employees. Grant deployment focuses on Texas nonprofits with ticket sizes between $50,000 and $2.5 million. Asset classes include public equities, oil and gas mineral interests, and direct real estate. Confirmed holdings encompass the Sid Richardson Museum collection of Remington and Russell works plus a limited partnership interest in Alternative Investment Partnerships. Activity centers on Texas with additional national scholarship reach. The foundation reports 716.8 million in assets and maintains memberships in Philanthropy Southwest and the Council on Foundations. It operates from a single Fort Worth location that houses both offices and the museum. In May 2024 Preston M. "Pete" Geren III spoke at the UT Austin College of Liberal Arts commencement on philanthropy and public service. Governance rests with family principals who retain board control across generations. The operating company relationship through mineral interests and the museum creates a hybrid structure that blends grantmaking with direct asset management.

## Sectors

- Education
- Health
- Human Services
- Culture

## People

- Edward P. Bass — Chairman of the Board
- Sid R. Bass — Vice President
- Lee M. Bass — Vice President
- Preston M. "Pete" Geren III — President and CEO

## Questions

### Who runs investment decisions at Sid W. Richardson Foundation?

Preston M. "Pete" Geren III serves as President and CEO with oversight from Chairman Edward P. Bass and Vice Presidents Sid R. Bass and Lee M. Bass.

### Does Sid W. Richardson Foundation participate in fund commitments or only direct deals?

The foundation holds a limited partnership interest in Alternative Investment Partnerships and maintains a corporate equity portfolio reported at $380 million in 990-PF filings.

### What investment stages does Sid W. Richardson Foundation typically target?

The foundation focuses on grant deployment rather than venture stages. Ticket sizes range from $50,000 to $2.5 million for Texas nonprofits.

### How is Sid W. Richardson Foundation related to Sid Richardson Memorial Fund?

The Memorial Fund operates as an affiliated vehicle that awards college scholarships to descendants of employees from companies where Sid Richardson held major interests.

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- [Serve Capital Partners](https://altss.com/profile/serve-capital-partners)
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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/sid-w-richardson-foundation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology