The Cullen Trust For Higher Education

Organization Overview

The Cullen Trust For Higher Education is located in Houston, TX. The organization was established in 1979. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Cullen Trust For Higher Education generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Cullen Trust For Higher Education has awarded 23 individual grants totaling $8,303,334. 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

SUPPORT INSTITUTIONS OF HIGHER EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TRUST WAS CREATED FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES AND IS ADMINISTERED SOLELY FOR BENEFIT OF INSTITUTIONS OF HIGHER EDUCATION WITHIN THE STATE OF TEXAS, PRIMARILY THOSE LOCATED WITHIN GREATER HOUSTON. THE TRUSTEES HAVE THE DISCRETION TO PROVIDE FINANCIAL ASSISTANCE TO ANY OR ALL OF THE SUPPORTED ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Arnold
Trustee/treasurer
$0
Corbin J Robertson Jr
Trustee/chairman
$0
Christine Morenz
Trustee/vice Chairman
$0
Jolie Howard
Secretary
$0
Hugh Roy Marshall
Trustee
$0
Katie Cullen
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $2,516,852
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $616,296
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,965,278

Grants Awarded

Over the last fiscal year, The Cullen Trust For Higher Education has awarded $2,966,667 in support to 8 organizations.

Grant RecipientAmount

HOUSTON BAPTIST UNIVERSITY

Org PageRecipient Profile

Houston, TX

PURPOSE: TO ESTABLISH AND SUPPORT THE UNIVERSITY'S NEW COLLEGE OF ENGINEERING.

$500,000

UNIVERSITY OF ST THOMAS

Org PageRecipient Profile

Houston, TX

PURPOSE: GRANT TO THE FAITH IN OUR FUTURE CAMPAIGN, AND SPECIFICALLY THE CONSTRUCTION OF THE CENTER FOR SCIENCE AND HEALTH PROFESSIONALS

$500,000

SOUTHWESTERN UNIVERSITY

Org PageRecipient Profile

Georgetown, TX

PURPOSE: TO ESTABLISH A PERMANENT ENDOWMENT FUND TO SUPPORT THE SCOPE STUDENT-FACILITY COLLABORATIVE SUMMER RESEARCH PROGRAM.

$500,000

UNIVERSITY OF TEXAS AT AUSTIN

PURPOSE: TO ESTABLISH AND SUPPORT AN ENDOWED CHAIR FOR THE EXECUTIVE DIRECTOR OF THE VALUE INSTITUTE FOR HEALTH AND CARE AT DELL MEDICINE SCHOOL.

$500,000

BAYLOR COLLEGE OF MEDICINE

Org PageRecipient Profile

Houston, TX

PURPOSE: TOWARD IMPROVING HEALTH THROUGH SCIENCE, SCHOLARSHIP AND INNOVATION.

$500,000

UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER

PURPOSE: SUPPORT THE CTHE FELLOWSHIP SYMPOSIUM AND CTHE FELLOWSHIP PROGRAM.

$200,000
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