The Cullen Trust For Health Care

Organization Overview

The Cullen Trust For Health Care is located in Houston, TX. The organization was established in 1978. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cullen Trust For Health Care 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 12/2020, Cullen Trust For Health Care generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $5.3m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Cullen Trust For Health Care has awarded 224 individual grants totaling $40,850,188. 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT FOR HEALTH CARE INSTITUTIONS WITHIN TEXAS AND PRIMARILY IN THE GREATER HOUSTON AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CULLEN TRUST FOR HEALTH CARE IS A PUBLIC CHARITABLE TRUST CREATED AS A SUPPORTING ORGANIZATION FOR THE BENEFIT OF HEALTH CARE INSTITUTIONS IN THE STATE OF TEXAS, PRIMARILY WITHIN THE GREATER HOUSTON AREA. TRUSTEES HAVE THE DISCRETION TO PROVIDE ASSISTANCE TO ANY OR ALL OF THE BENEFICIARIES OF THE CLASS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Makena
Investment Mgnt
$157,068
Goldman Sachs & Co
Investment Mgnt
$368,891
View All Vendors

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 $5,257,368
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,814,822
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,442,546

Grants Awarded

Over the last fiscal year, The Cullen Trust For Health Care has awarded $5,024,533 in support to 31 organizations.

Grant RecipientAmount

THE METHODIST HOSPITAL

Org PageRecipient Profile

Houston, TX

PURPOSE: Capital campaign

$1,000,000

MEMORIAL HERMANN HEALTHCARE SYSTEM

Org PageRecipient Profile

Houston, TX

PURPOSE: Capital campaign

$600,000

UH COLLEGE OF MEDICINE

PURPOSE: Program support

$500,000

ASIAN AMERICAN HEALTH COALITION

Org PageRecipient Profile

Houston, TX

PURPOSE: Capital campaign

$333,333

THE CENTER FOR PURSUIT

Org PageRecipient Profile

Houston, TX

PURPOSE: Program support

$250,000

PLANNED PARENTHOOD GULF COAST

Org PageRecipient Profile

Houston, TX

PURPOSE: Operating support

$200,000
View Grant Profile

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