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The Discovery Fund

Fort Worth, TX 751989523

The Discovery Fund, based in Fort Worth, Texas, supports arts, culture, education, and health initiatives, with assets of over $1 million and a volunteer leadership team.

Overview

About The Discovery Fund

The Discovery Fund is a foundation based in Fort Worth, Texas, with assets totaling $1,012,423. It operates with minimal expenses of $2,300 and generates a revenue of $28,683. The fund focuses on supporting initiatives in arts and culture, museums, science museums, education, health, and diseases and conditions. Despite its financial activities, the fund does not specify any particular cities or states where it provides funding. The leadership team includes Paul Coulter, who serves as Secretary, Treasurer, and Acting President, and Peter Philpott, who is a Director. Both individuals work on a voluntary basis, receiving no compensation for their roles.

Focus Areas

Arts and cultureMuseumsScience museumsEducationHealthDiseases and conditions- Less

Geographic Focus

N/A
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

Example compatibility analysis for demonstration purposes

Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $1.0M
Total Awarded This Year $0
Average Grant Size $NaN
Total Grants (Previous Year) 0
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
Fort Worth, TX US
Geographic Funding Distribution

Financials

Total Assets
$1,012,423

in 2024, compared to $983,165 in 2023

Annual Grants
$0

0 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
LD
Lucy Darden
CHAIRMAN OF THE BOARD/PRES$02022
PC
Paul Coulter
Vice Pres/Secretary/Treas$02022
PP
Peter Philpott
Director$02022
PC
Paul Coulter
Sec/Treas/Acting President$02023
PP
Peter Philpott
Director$02023
PC
Paul Coulter
Sec/Treas/Acting President$02024
PP
Peter Philpott
Director$02024
7 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025