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 12/2019, Greater Houston Community Foundation employed 43 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes.

For the year ending 12/2019, Greater Houston Community Foundation generated $205.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $139.1m during the year ending 12/2019. While expenses have increased by 3.2% per year over the past 5 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 13,442 individual grants totaling $516,480,901. 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 990 Filing

TAX YEAR

2019

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:

Part 3 - Line 4a

HUMAN SERVICES:DISBURSED 2,675 GRANTS TO VARIOUS ORGANIZATIONS TO SUPPORT HUMAN SERVICE PROGRAMS AND ORGANIZATIONS SERVING COMMUNITY NEEDS.


EDUCATION:DISBURSED 2,662 GRANTS TO VARIOUS ORGANIZATIONS TO SUPPORT SCHOLARSHIP PROGRAMS, EDUCATIONAL INSTITUTIONS AND OTHER CURRICULUM.


RELIGION:DISBURSED 1,420 GRANTS TO VARIOUS ORGANIZATIONS THAT SUPPORT RELIGIOUS PROGRAMS AND ACTIVITIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Angeles Investment Advisors Llc
Investment Management
$294,620
Deutser Llc
Marketing Consulting
$248,152
Penncomp Llc
It Services
$241,431
Neighbors Impact Ventures Llc
Impact Investing Consulting
$188,726
Employment & Training Centers Inc
Employment Services
$187,551
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$189,504
Related organizations$5,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$173,618,309
Noncash contributions included in lines 1a–1f $50,822,232
Total Revenue from Contributions, Gifts, Grants & Similar$173,812,813
Total Program Service Revenue$615,069
Investment income $14,843,347
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $16,362,429
Net Income from Fundraising Events -$129,839
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $205,503,819

Grants Awarded

Over the last fiscal year, Greater Houston Community Foundation has awarded $121,249,376 in support to 1,544 organizations.

Grant RecipientAmount

Houston, TX

PURPOSE: HOUSING, SHELTER

$5,137,007

Colorado Springs, CO

PURPOSE: YOUTH DEVELOPMENT

$4,325,000

METHODIST HOSPITAL

Org PageRecipient Profile

Houston, TX

PURPOSE: HOSPITALS

$3,100,694

COALITION FOR THE HOMELESS OF HOUSTONHARRIS COUNTY

Org PageRecipient Profile

Houston, TX

PURPOSE: HOUSING, SHELTER

$2,842,975

AVENUE COMMUNITY DEVELOPMENT CORPORATION

Org PageRecipient Profile

Houston, TX

PURPOSE: COMMUNITY DEVELOPMENT

$2,585,000

THE MUSEUM OF FINE ARTS HOUSTON

Org PageRecipient Profile

Houston, TX

PURPOSE: ART

$2,259,140
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Greater Houston Community Foundation has recieved totaling $58,484.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$58,484
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,293,648
Earnings$2,966,411
Admin Expense$120,866
Other Expense$210,990
Grants$335,944
Ending Balance$16,592,260

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