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Bass Foundation

Profile

Last Updated: 2016-02-04

At A Glance

Bass Foundation

309 Main St.

Fort Worth, TX United States 76102-4006

Telephone: (817) 336-0494

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2013-12-31)

Assets: $17,043,780

Total giving: $1,563,000

EIN

756033983

BRIDGE Number

0479367708

Background

Established in 1963 in TX - Founded by members of the famed Texas oil Bass family: Edward P. Bass, Lee M. Bass and the late Perry R. Bass. Edward P. Bass is a businessman, financier, philanthropist, and environmentalist who financed the Biosphere 2 project, an artificially closed ecological system designed to mimic the earth so as to live on Mars. He is also the Chairman of the investment and venture-capital management firm Fine Line. Lee M. Bass is president of Lee M. Bass Inc., an energy and natural resource business. Perry R. Bass was a Texas oil magnate and founder of Bass Brothers Enterprises.

Purpose and Activities

Giving primarily for the arts and cultural institutions; some support for conservation.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation has made a PRI in the form of a loan, to the Fort Worth Museum of Science and History, in Fort Worth, TX, to assist with architectural expenses and design work related to a new or expanded facility for the museum. Historically, the foundation has made PRIs supporting educational and arts organizations. PRIs have provided support for programs and debt reduction.

Fields of Interest

Subjects
  • Arts and culture
  • Natural resources
  • Science

Financial Data

Year ended 2013-12-31

Assets: $17,043,780 (market value)

Expenditures: $1,743,198

Total giving: $1,563,000

Qualifying distributions: $1,596,898

Giving activities include:

$1,563,000 for 7 grants (high: $600,000; low: $30,000)