Greater Houston Community Foundation

Organization Overview

Greater Houston Community Foundation is located in Houston, TX. The organization was established in 2017. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Greater Houston Community Foundation employed 49 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Greater Houston Community Foundation 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 12/2021, Greater Houston Community Foundation generated $567.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $184.8m during the year ending 12/2021. While expenses have increased by 6.5% per year over the past 7 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 2014, Greater Houston Community Foundation has awarded 22,560 individual grants totaling $829,022,535. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE GREATER HOUSTON COMMUNITY FOUNDATION IS EXPANDING PHILANTHROPIC IMPACT BY CONNECTING DONORS TO THE CAUSES THEY CARE ABOUT, PROVIDING EXCELLENT STEWARDSHIP OF ASSETS ENTRUSTED TO US, AND CONVENING RESOURCES TO ADDRESS IMPORTANT COMMUNITY NEEDS.

Describe the Organization's Program Activity:

PUBLIC BENEFIT:DISBURSED 1,277 GRANTS TO VARIOUS ORGANIZATIONS TO SUPPORT HUMAN SERVICE PROGRAMS AND ORGANIZATIONS SERVING COMMUNITY NEEDS.


HUMAN SERVICES:DISBURSED 3,088 GRANTS TO VARIOUS ORGANIZATIONS TO SUPPORT SCHOLARSHIP PROGRAMS, EDUCATIONAL INSTITUTIONS AND OTHER CURRICULUM.


EDUCATIONAL:DISBURSED 2,165 GRANTS TO VARIOUS ORGANIZATIONS THAT SUPPORT RELIGIOUS PROGRAMS AND ACTIVITIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ldr Advisory Services Llc
Consulting
$872,500
Ssc V Lp
Rent
$613,556
B & H Foto & Electronics Corp
Career Development Support
$112,490
Deutser Llc
Marketing Consulting
$108,177
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$34,556
Related organizations$270,800
Government grants $714,583
All other contributions, gifts, grants, and similar amounts not included above$535,399,184
Noncash contributions included in lines 1a–1f $86,347,639
Total Revenue from Contributions, Gifts, Grants & Similar$536,419,123
Total Program Service Revenue$1,394,872
Investment income $15,622,097
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $13,752,463
Net Income from Fundraising Events -$21,632
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $567,166,923

Grants Awarded

Over the last fiscal year, Greater Houston Community Foundation has awarded $160,261,614 in support to 1,331 organizations.

Grant RecipientAmount

SCHWAB CHARITABLE FUND

Org PageRecipient Profile

San Francisco, CA

PURPOSE: PUBLIC BENEFIT

$20,701,362

NATIONAL CHRISTIAN CHARITABLE FOUNDATION INC

Org PageRecipient Profile

Alpharetta, GA

PURPOSE: PUBLIC BENEFIT

$13,315,270

Colorado Springs, CO

PURPOSE: HUMAN SERVICES

$7,390,600

UNIVERSITY OF PITTSBURGH

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: EDUCATIONAL

$6,296,200

UNITED WAY OF GREATER HOUSTON

Org PageRecipient Profile

Houston, TX

PURPOSE: PUBLIC BENEFIT

$3,881,130

Bethesda, MD

PURPOSE: PUBLIC BENEFIT

$3,181,052
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 23 grants that Greater Houston Community Foundation has recieved totaling $7,558,635.

Awarding OrganizationAmount
Texas Educational Foundation Inc

San Antonio, TX

PURPOSE: Scholarship/Field of Interest

$2,700,000
Greater Houston Community Foundation

Houston, TX

PURPOSE: PUBLIC BENEFIT

$1,273,313
Episcopal Health Foundation

Houston, TX

PURPOSE: Program Support

$500,000
Episcopal Health Foundation

Houston, TX

PURPOSE: Program Support

$500,000
Princeton Area Community Foundation Inc

Lawrenceville, NJ

PURPOSE: NRG Chairman's Scholarship fund transfer to GHCF

$357,820
Methodist Healthcare Ministries Of South Texas Inc

San Antonio, TX

PURPOSE: Texas Equitable vaccine uptake

$250,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$23,020,686
Earnings$3,880,868
Admin Expense$179,128
Net Contributions$3,286,306
Grants$509,355
Ending Balance$29,499,377

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