News and analysis
January 20, 2012

Romney Gave His Family Fund $9.5-Million

Mitt Romney, a contender for the Republican presidential nomination, has put a total of $9.5-million into his family foundation from 1999 through 2010, the most recent year for which data are available.

Mr. Romney is estimated to be worth at least $200-million, but he has not released his tax returns, so it’s hard to tell how much of his income went to charities beyond the family fund.

During that time, the foundation, called the Tyler Charitable Foundation, made grants of $7-million, most of it going to the Mormon Church, otherwise known as the Church of Jesus Christ of Latter-day Saints. Grants totaling $4.7-million were made to the church, with the largest grants in 2008 ($1.8-million) and 2003 ($1.9-million). The foundation awarded $525,000 to Brigham Young University, the Mormon university that is Mr. Romney’s alma mater.

The foundation still has more money to give: It had assets of $10-million as of December 2010. Other notable grantees from 1999 to 2010:

United Way of Massachusetts, $152,000

Right to Play, $111,500

George W. Bush Presidential Library, $100,000

City Year, $65,000

Harvard Business School, $60,000

Boys and Girls Clubs of Boston, $36,050

The Heritage Foundation, $25,000