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    1. Home
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    3. O'Donnell Foundation

    O'Donnell Foundation

    ActiveMutual & Membership Benefit
    DALLAS, TX2148715800
    EIN (Tax ID): 75-6023326Latest Form 990:

    About O'Donnell Foundation

    The O'Donnell Foundation is a highly concentrated Dallas-focused funder that makes very large institutional operating grants to major local anchors—especially higher education and medical research institutions and premier cultural organizations. Its giving supports core operations of flagship institutions rather than small nonprofits or project grants, indicating a preference for sustaining institutional capacity and regional prominence. The foundation’s largest commitments are to academic medicine and research, with additional significant support for performing arts and university education in the Dallas area.

    Focus Areas

    Academic medical research and clinical operations (University of Texas Southwestern Medical Center)Major performing arts institutions in Dallas (Dallas Symphony Association)Higher education flagship universities in the Dallas region (Southern Methodist University, UT Dallas)Large-scale operational support for regional anchor institutions

    Who They Fund

    academic medical centers (e.g., UT Southwestern)flagship universities (e.g., SMU, UT Dallas)major cultural institutions (e.g., Dallas Symphony)

    About O'Donnell Foundation

    O'donnell Foundation’s recent giving is defined by a single, outsized commitment to academic medicine: a $102,387,780 operating grant to the University of Texas Southwestern Medical Center at Dallas in 2023. That grant sets the tone for a portfolio built around large institutional support, with the foundation backing major Dallas-area anchors rather than smaller project-based awards. The same pattern appears in higher education and the arts, where the foundation has made million-dollar and multi-million-dollar operating grants to universities and cultural institutions that shape the city’s civic and research infrastructure. In 2024, Dallas Symphony Association received $11,595,386 for operations, while Southern Methodist University received $10,550,000 for operations. The University of Texas at Dallas also received $7,500,000 for operations that year, underscoring the foundation’s focus on institutions with broad regional reach. Across the recent grants list, the foundation’s support is concentrated on a small set of large, established organizations in Dallas and nearby Texas cities, especially those tied to medicine, education, and performing arts.

    What O'Donnell Foundation Funds

    A central theme in O'donnell Foundation’s giving is academic medical research and clinical operations. The largest example is the University of Texas Southwestern Medical Center at Dallas, which received $102,387,780 for operations in 2023, followed by another $2,280,000 operating grant in 2024. Higher education is another clear focus: Southern Methodist University received $10,550,000 for operations in 2024, and The University of Texas at Dallas received $7,500,000 for operations the same year. The foundation also supports regional arts institutions. Dallas Symphony Association received $11,595,386 for operations in 2024 and $250,000 in 2023, while The Dallas Opera received $1,000,000 in both 2023 and 2024. Smaller operating grants to Woodall Rodgers Park Foundation and Dallas Museum of Art show support for civic and cultural infrastructure as well.

    How O'Donnell Foundation Gives

    The grant size profile is highly compressed at the top end: p25 is $375,000, median grant size is $1,000,000, and p75 is $4,890,000. Most listed grants are operating support, with a strong pattern of repeat awards to the same organizations across 2023 and 2024. The University of Texas Southwestern Medical Center at Dallas, The University of Texas at Dallas, The Dallas Opera, Dallas Symphony Association, Woodall Rodgers Park Foundation, and The Academy of Medicine Engineering & Science of Texas all appear more than once. The foundation does not fund individuals and does not make program-related investments. Its giving is local and entirely within Texas.

    Financial Snapshot

    Annual Giving

    $187.4M

    Total Assets

    $195.1M

    Total Revenue

    $21.9M

    Total Expenses

    $192.2M

    Typical Grant Size

    Most grants fall between $375K and $4.9M, with a median of $1M.

    25th Percentile

    $375K

    Median

    $1M

    75th Percentile

    $4.9M

    Geographic Reach

    Local1 state funded
    Funding intensity
    Low
    High
    Headquarters

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    Privacy PolicyTerms of ServiceSystem Status
    2026
    Total assets: $195.1M
    4 filings on record
    Find their full 990 filing →
    See If You're a Fit — FreeFree account · instant fit score · similar funders
    large regional anchor institutions

    Giving Approach

    Very concentrated, high-dollar giving: a handful of multi-million-dollar operating grants to a small number of repeat, institutional grantees in the Dallas area rather than many small awards.

    Funding Style

    institutional operating supporthigh-dollar concentrated grantssustaining regional anchor institutionsrepeat multi-year partnerships

    Notable grantees: University of Texas Southwestern Medical Center at Dallas, Dallas Symphony Association, Southern Methodist University, The University of Texas at Dallas

    Topics

    academic medical research and clinical operationsmedical research infrastructure and translational researchmajor performing arts support (symphony/large cultural institutions)flagship higher education support (regional universities)large-scale operational support for regional anchors

    Where O'Donnell Foundation Makes Grants

    O'donnell Foundation’s grants land entirely in Texas, with every recent grant going to recipients in the state. Dallas is the main city in the record, including Dallas Symphony Association, Southern Methodist University, The Dallas Opera, Woodall Rodgers Park Foundation, and Dallas Museum of Art. Richardson also appears through The University of Texas at Dallas. Austin appears through The Academy of Medicine Engineering & Science of Texas and The University of Texas. The recipient-country distribution is entirely U.S.-based.

    Frequently Asked Questions About O'Donnell Foundation

    What types of organizations does O'donnell Foundation support?

    The recent grants point to large institutional support for academic medicine, higher education, and performing arts. Examples include operating grants to University of Texas Southwestern Medical Center at Dallas, Southern Methodist University, The University of Texas at Dallas, Dallas Symphony Association, and The Dallas Opera.

    Does O'donnell Foundation mainly give operating support?

    Yes. Every listed recent grant is labeled OPERATIONS, including the largest award to University of Texas Southwestern Medical Center at Dallas and repeated support for Dallas Symphony Association, The Dallas Opera, and Woodall Rodgers Park Foundation.

    How large are the foundation's typical grants?

    The grant-size distribution is very large: p25 is $375,000, the median is $1,000,000, and p75 is $4,890,000. The recent record also includes several multi-million-dollar awards, including $11,595,386 and $10,550,000 in 2024.

    Where does O'donnell Foundation give?

    Its recent grantmaking is entirely local and entirely in Texas. The recipient country distribution is 100% U.S., and the listed Texas recipients include Dallas, Richardson, and Austin organizations.

    Are there recurring grantees in the recent record?

    Yes. Several organizations appear in multiple years, including University of Texas Southwestern Medical Center at Dallas, The University of Texas at Dallas, The Dallas Opera, Dallas Symphony Association, Woodall Rodgers Park Foundation, and The Academy of Medicine Engineering & Science of Texas.

    Latest 990 Filing

    2026

    Source: IRS Form 990-PF, fiscal year 2026.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    DALLAS COLLEGE FOUNDATIONDALLAS, TX$38,350,0002026OPERATIONS
    SOUTHERN METHODIST UNIVERSITYDALLAS, TX$25,300,0002026OPERATIONS
    UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER AT DALLASDALLAS, TX$17,251,0002026OPERATIONS
    UNIVERSITY OF NORTH TEXAS AT DALLASDALLAS, TX$17,000,0002026OPERATIONS
    THE UNIVERSITY OF TEXAS AT DALLASRICHARDSON, TX$15,500,0002026OPERATIONS
    DALLAS SYMPHONY ASSOCIATIONDALLAS, TX$12,930,0222026OPERATIONS
    THE COMMIT PARTNERSHIPDALLAS, TX$10,900,0002026OPERATIONS
    DALLAS MUSEUM OF ARTDALLAS, TX$10,001,0002026OPERATIONS
    PEROT MUSEUM OF NATURE AND SCIENCEDALLAS, TX$10,000,0002026OPERATIONS
    SOUTHWESTERN MEDICAL FOUNDATIONDALLAS, TX$5,000,0002026OPERATIONS
    DALLAS ZOODALLAS, TX$4,000,0002026OPERATIONS
    AT & T PERFORMING ARTS CENTERDALLAS, TX$3,000,0002026OPERATIONS
    HOUSING FORWARDDALLAS, TX$2,000,0002026OPERATIONS
    THE UNIVERSITY OF TEXAS AT AUSTINAUSTIN, TX$2,000,0002026OPERATIONS
    CHURCH OF THE INCARNATIONDALLAS, TX$1,064,8732026OPERATIONS
    THE ACADEMY OF MEDICINE ENGINEERING & SCIENCE OF TEXASAUSTIN, TX$1,000,0002026OPERATIONS
    PARKLAND HEALTH FOUNDATIONDALLAS, TX$1,000,0002026OPERATIONS
    TEACH FOR AMERICADALLAS, TX$1,000,0002026OPERATIONS
    DALLAS COUNTY MENTAL HEALTHDALLAS, TX$1,000,0002026OPERATIONS
    COMMUNITY FOUNDATION OF ABILENEABILENE, TX$1,000,0002026OPERATIONS
    SOUTHERN GATEWAY PUBLIC GREEN FOUNDATIONDALLAS, TX$1,000,0002026OPERATIONS
    THE DALLAS OPERADALLAS, TX$1,000,0002026OPERATIONS
    THE SALVATION ARMYALEXANDRIA, VA$1,000,0002026OPERATIONS
    TRINITY PARK CONSERVANCYDALLAS, TX$1,000,0002026OPERATIONS
    UNITED WAY OF METROPOLITAN DALLASDALLAS, TX$1,000,0002026OPERATIONS
    TEXAS 2036AUSTIN, TX$1,000,0002026OPERATIONS
    MEADOWS MENTAL HEALTH POLICY INSTITUTEDALLAS, TX$750,0002026OPERATIONS
    THE LAMPLIGHTER SCHOOLDALLAS, TX$500,0002026OPERATIONS
    UNITED TO LEARNDALLAS, TX$500,0002026OPERATIONS
    BIG THOUGHTDALLAS, TX$200,0002026OPERATIONS
    CIRCUIT TRAIT CONSERVANCYDALLAS, TX$100,0002026OPERATIONS
    METHODIST HEALTH SYSTEM FOUNDATIONDALLAS, TX$30,0002026OPERATIONS
    NORTH TEXAS COUNCIL FOR THE ARTSDALLAS, TX$10,0002026OPERATIONS
    SOUTHERN METHODIST UNIVERSITYDALLAS, TX$10,550,0002025OPERATIONS
    THE UNIVERSITY OF TEXAS AT DALLASRICHARDSON, TX$7,500,0002025OPERATIONS
    DALLAS SYMPHONY ASSOCIATIONDALLAS, TX$6,817,7012025OPERATIONS
    UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER AT DALLASDALLAS, TX$2,491,6372025OPERATIONS
    MEADOWS MENTAL HEALTH POLICY INSTITUTEDALLAS, TX$1,000,0002025OPERATIONS
    THE DALLAS OPERADALLAS, TX$1,000,0002025OPERATIONS
    UPLIFT EDUCATIONDALLAS, TX$1,000,0002025OPERATIONS
    SOUTHWESTERN MEDICAL FOUNDATIONDALLAS, TX$750,0002025OPERATIONS
    BIG THOUGHTDALLAS, TX$250,0002025OPERATIONS
    THE ACADEMY OF MEDICINE ENGINEERING & SCIENCE OF TEXASAUSTIN, TX$15,0002025OPERATIONS
    DALLAS SYMPHONY ASSOCIATIONDALLAS, TX$11,595,3862024OPERATIONS
    SOUTHERN METHODIST UNIVERSITYDALLAS, TX$10,550,0002024OPERATIONS
    THE UNIVERSITY OF TEXAS AT DALLASRICHARDSON, TX$7,500,0002024OPERATIONS
    UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER AT DALLASDALLAS, TX$2,280,0002024OPERATIONS
    THE DALLAS OPERADALLAS, TX$1,000,0002024OPERATIONS
    WOODALL RODGERS PARK FOUNDATIONDALLAS, TX$500,0002024OPERATIONS
    THE UNIVERSITY OF TEXASAUSTIN, TX$85,0002024OPERATIONS

    DALLAS COLLEGE FOUNDATION

    $38,350,000
    DALLAS, TX2026

    OPERATIONS

    SOUTHERN METHODIST UNIVERSITY

    $25,300,000
    DALLAS, TX2026

    OPERATIONS

    UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER AT DALLAS

    $17,251,000
    DALLAS, TX2026

    OPERATIONS

    UNIVERSITY OF NORTH TEXAS AT DALLAS

    $17,000,000
    DALLAS, TX2026

    OPERATIONS

    THE UNIVERSITY OF TEXAS AT DALLAS

    $15,500,000
    RICHARDSON, TX2026

    OPERATIONS

    DALLAS SYMPHONY ASSOCIATION

    $12,930,022
    DALLAS, TX2026

    OPERATIONS

    THE COMMIT PARTNERSHIP

    $10,900,000
    DALLAS, TX2026

    OPERATIONS

    DALLAS MUSEUM OF ART

    $10,001,000
    DALLAS, TX2026

    OPERATIONS

    PEROT MUSEUM OF NATURE AND SCIENCE

    $10,000,000
    DALLAS, TX2026

    OPERATIONS

    SOUTHWESTERN MEDICAL FOUNDATION

    $5,000,000
    DALLAS, TX2026

    OPERATIONS

    DALLAS ZOO

    $4,000,000
    DALLAS, TX2026

    OPERATIONS

    AT & T PERFORMING ARTS CENTER

    $3,000,000
    DALLAS, TX2026

    OPERATIONS

    HOUSING FORWARD

    $2,000,000
    DALLAS, TX2026

    OPERATIONS

    THE UNIVERSITY OF TEXAS AT AUSTIN

    $2,000,000
    AUSTIN, TX2026

    OPERATIONS

    CHURCH OF THE INCARNATION

    $1,064,873
    DALLAS, TX2026

    OPERATIONS

    THE ACADEMY OF MEDICINE ENGINEERING & SCIENCE OF TEXAS

    $1,000,000
    AUSTIN, TX2026

    OPERATIONS

    PARKLAND HEALTH FOUNDATION

    $1,000,000
    DALLAS, TX2026

    OPERATIONS

    TEACH FOR AMERICA

    $1,000,000
    DALLAS, TX2026

    OPERATIONS

    DALLAS COUNTY MENTAL HEALTH

    $1,000,000
    DALLAS, TX2026

    OPERATIONS

    COMMUNITY FOUNDATION OF ABILENE

    $1,000,000
    ABILENE, TX2026

    OPERATIONS

    SOUTHERN GATEWAY PUBLIC GREEN FOUNDATION

    $1,000,000
    DALLAS, TX2026

    OPERATIONS

    THE DALLAS OPERA

    $1,000,000
    DALLAS, TX2026

    OPERATIONS

    THE SALVATION ARMY

    $1,000,000
    ALEXANDRIA, VA2026

    OPERATIONS

    TRINITY PARK CONSERVANCY

    $1,000,000
    DALLAS, TX2026

    OPERATIONS

    UNITED WAY OF METROPOLITAN DALLAS

    $1,000,000
    DALLAS, TX2026

    OPERATIONS

    TEXAS 2036

    $1,000,000
    AUSTIN, TX2026

    OPERATIONS

    MEADOWS MENTAL HEALTH POLICY INSTITUTE

    $750,000
    DALLAS, TX2026

    OPERATIONS

    THE LAMPLIGHTER SCHOOL

    $500,000
    DALLAS, TX2026

    OPERATIONS

    UNITED TO LEARN

    $500,000
    DALLAS, TX2026

    OPERATIONS

    BIG THOUGHT

    $200,000
    DALLAS, TX2026

    OPERATIONS

    CIRCUIT TRAIT CONSERVANCY

    $100,000
    DALLAS, TX2026

    OPERATIONS

    METHODIST HEALTH SYSTEM FOUNDATION

    $30,000
    DALLAS, TX2026

    OPERATIONS

    NORTH TEXAS COUNCIL FOR THE ARTS

    $10,000
    DALLAS, TX2026

    OPERATIONS

    SOUTHERN METHODIST UNIVERSITY

    $10,550,000
    DALLAS, TX2025

    OPERATIONS

    THE UNIVERSITY OF TEXAS AT DALLAS

    $7,500,000
    RICHARDSON, TX2025

    OPERATIONS

    DALLAS SYMPHONY ASSOCIATION

    $6,817,701
    DALLAS, TX2025

    OPERATIONS

    UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER AT DALLAS

    $2,491,637
    DALLAS, TX2025

    OPERATIONS

    MEADOWS MENTAL HEALTH POLICY INSTITUTE

    $1,000,000
    DALLAS, TX2025

    OPERATIONS

    THE DALLAS OPERA

    $1,000,000
    DALLAS, TX2025

    OPERATIONS

    UPLIFT EDUCATION

    $1,000,000
    DALLAS, TX2025

    OPERATIONS

    SOUTHWESTERN MEDICAL FOUNDATION

    $750,000
    DALLAS, TX2025

    OPERATIONS

    BIG THOUGHT

    $250,000
    DALLAS, TX2025

    OPERATIONS

    THE ACADEMY OF MEDICINE ENGINEERING & SCIENCE OF TEXAS

    $15,000
    AUSTIN, TX2025

    OPERATIONS

    DALLAS SYMPHONY ASSOCIATION

    $11,595,386
    DALLAS, TX2024

    OPERATIONS

    SOUTHERN METHODIST UNIVERSITY

    $10,550,000
    DALLAS, TX2024

    OPERATIONS

    THE UNIVERSITY OF TEXAS AT DALLAS

    $7,500,000
    RICHARDSON, TX2024

    OPERATIONS

    UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER AT DALLAS

    $2,280,000
    DALLAS, TX2024

    OPERATIONS

    THE DALLAS OPERA

    $1,000,000
    DALLAS, TX2024

    OPERATIONS

    WOODALL RODGERS PARK FOUNDATION

    $500,000
    DALLAS, TX2024

    OPERATIONS

    THE UNIVERSITY OF TEXAS

    $85,000
    AUSTIN, TX2024

    OPERATIONS