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.,[3] and its current president is Pete Geren.[4][3]
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.