Barbara Bush Houston Literacy Foundation

Organization Overview

Barbara Bush Houston Literacy Foundation is located in Houston, TX. The organization was established in 2014. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Barbara Bush Houston Literacy Foundation employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barbara Bush Houston Literacy 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, Barbara Bush Houston Literacy Foundation generated $4.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 12.9% 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, Barbara Bush Houston Literacy Foundation has awarded 150 individual grants totaling $5,811,697. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE BARBARA BUSH HOUSTON LITERACY FOUNDATION IS DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR HOUSTONIANS ACROSS ALL AGES THROUGH THE POWER OF LITERACY - THE ABILITY TO READ, WRITE, SPEAK CLEARLY, AND THINK CRITICALLY.

Describe the Organization's Program Activity:

THE FOUNDATION DISTRIBUTED $1,396,606 IN GRANTS TO SUPPORT FAMILY LITERACY PROGRAMS, ADULT LITERACY PROGRAMS AND DIRECT SERVICES, IN SCHOOL LITERACY INTERVENTION PROGRAMS FOR STRUGGLING READERS AND SUMMER LEARNING PROGRAMS TO DISADVANTAGED CHILDREN, AS WELL AS TO EXPAND ACCESS TO BOOKS AND EDUCATIONAL MATERIALS AND RESOURCES TO LOW INCOME FAMILIES.


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Board, Officers & Key Employees

Name (title)Compensation
Julie Baker Finck
President/ceo
$208,004
Maria Bush
Vice Chair/director
$0
Terri Lacy
Secretary/director
$0
Neil Bush
Chairman/director
$0
Martha Carnes
Director
$0
Y Ping Sun
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Post Oak
Event Catering-rentals
$170,800
Lmsw Investments Ltd
Rent
$114,230
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$2,420,073
Related organizations$658,491
Government grants $142,415
All other contributions, gifts, grants, and similar amounts not included above$1,323,049
Noncash contributions included in lines 1a–1f $7,587
Total Revenue from Contributions, Gifts, Grants & Similar$4,544,028
Total Program Service Revenue$0
Investment income $109,990
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $38,672
Net Income from Fundraising Events -$377,882
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,314,808

Grants Awarded

Over the last fiscal year, Barbara Bush Houston Literacy Foundation has awarded $1,370,306 in support to 21 organizations.

Grant RecipientAmount

HOUSTON PUBLIC LIBRARY FOUNDATION INC

Org PageRecipient Profile

Houston, TX

PURPOSE: GRANT PURPOSE TO SUPPORT THE DEVELOPMENT OF THE BARBARA BUSH LITERACY PLAZA

$352,950

HARRIS COUNTY PUBLIC LIBRARY

PURPOSE: GRANT FOR 4 FAMILY PLACE LIBRARIES AT EVELYN MEADOR, GALENA PARK, NORTH CHANNEL, & CY-FAIR BRANCHES

$267,325

UNIVERSITY OF HOUSTON

PURPOSE: TO EXPAND THE NUMBER OF COUGAR LITERACY CORPS MEMBERS UNDER THE THIRD WARD SCHOOLS INITIATIVE.

$170,835

CHILDRENS MUSEUM INC

Org PageRecipient Profile

Houston, TX

PURPOSE: TO PROVIDE 4-WEEK SUMMER LEARNING PROGRAM FOR CHILDREN IN FIFTH AND THIRD WARDS OF HOUSTON.

$135,000

THE BARBARA BUSH FOUNDATION FOR FAMILY LITERACY

Org PageRecipient Profile

Washington, DC

PURPOSE: THE BARBARA BUSH FOUNDATION FOR FAMILY LITERACY SHARE OF THE PROCEEDS FROM THE 2021 CELEBRATION OF READING

$90,996

HOUSTON COMMUNITY COLLEGE FOUNDATION

Org PageRecipient Profile

Houston, TX

PURPOSE: TECHNOLOGY GRANT TO PURCHASE 43 CHROMEBOOKS WITH CO-BRANDED BAGS AND HOTSPOTS

$40,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Barbara Bush Houston Literacy Foundation has recieved totaling $20,000.

Awarding OrganizationAmount
Postl Family Foundation

Houston, TX

PURPOSE: 01/28/22 02/17/22CHECK XXX9278 CHECK XXX0858CHARITABLE PURPOSES ONLY

$20,000
View Grant Recipient Profile

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