Brown Foundation Inc

Organization Overview

Brown Foundation Inc is located in Houston, TX. The organization was established in 1952. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brown Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Brown Foundation Inc generated $115.8m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $97.1m during the year ending 06/2022. While expenses have increased by 8.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Brown Foundation Inc has awarded 1,753 individual grants totaling $171,474,697. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS SPENT TO PRESERVE AND REHABILITATE OVER 6,000 ACRES OF FRESHWATER MARSH ON THE TEXAS GULF COAST DAMAGED BY SALTWATER INTRUSION FROM A LEVEE BREACH RESULTING FROM HURRICANE HARVEY AND OTHER SIGNIFICANT RAIN EVENTS. THE REHABILITATION OF THE MARSH, WHICH IS HELD FOR CONSERVATION PURPOSES, WILL PROMOTE THE RETURN OF NATIVE GRASSES, BIRDS, FISH, AND WILDLIFE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Vanguard Group Inc
$163,552
Fayez Sarofim & Co
$2,286,832
Northern Trust Company
$157,688
Builder's West Inc
$133,355
Tidal Services Inc
$96,200
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $78,292
Dividends & Interest $25,999,838
Net Rental Income$0
Net Gain on Sale of Assets $86,788,197
Capital Gain Net Income $86,788,197
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $2,974,935
Total Revenue $115,841,262

Grants Awarded

Over the last fiscal year, Brown Foundation Inc has awarded $89,612,234 in support to 849 organizations.

Grant RecipientAmount

Broomfield, CO

PURPOSE: TEXAS SUPERCHARGE FUND

$25,000,000

GREATER HOUSTON COMMUNITY FOUNDATION

Org PageRecipient Profile

Houston, TX

PURPOSE: HOUSTON CHARTER SEED FUND

$4,175,754

THE KINKAID SCHOOL

Org PageRecipient Profile

Houston, TX

PURPOSE: CAPITAL PROJECTS

$4,019,750

HOUSTON FOOD BANK

Org PageRecipient Profile

Houston, TX

PURPOSE: HOUSTON FOOD BANK CAPITAL CAMPAIGN

$3,125,537

EQUITABLE FACILITIES FUND INC

PURPOSE: TEXAS FACILITIES FUND

$2,500,000

EPISCOPAL HIGH SCHOOL

Org PageRecipient Profile

Bellaire, TX

PURPOSE: EHS CAMPAIGN TOWARDS VISUAL AND PERFORMING ARTS CENTER

$2,500,000
View Grant Profile

Peer Organizations

Organization NameAssets
Musk Foundation
Austin, TX
$6,029,889,623
Robert A Welch Foundation 062491
Houston, TX
$39,430,202
Brown Foundation Inc
Houston, TX
$115,841,262
Moody Foundation
Galveston, TX
$132,742,251
Alice L Walton Foundation
Bentonville, AR
$449,327,995
Edward N And Della L Thome Memorial Foundation
Dallas, TX
$21,555,807
Burnett Foundation
Fort Worth, TX
$2,811,908
Jesus Fund
Little Rock, AR
$128,635,887
Rapier Family Foundation
San Antonio, TX
$1,321,420
Dan L Duncan Family Foundation
Houston, TX
$27,292,814
Fmh Foundation
Midland, TX
$148,706,487
Inasmuch Foundation
Oklahoma City, OK
$49,887,073

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