Astros Foundation

Organization Overview

Astros Foundation is located in Houston, TX. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Astros 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, Astros Foundation generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 18.3% per year over the past 4 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 2020, Astros Foundation has awarded 152 individual grants totaling $8,267,194. 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 Program Activity:

THE ASTROS FOUNDATION COMMUNITY LEADERS PROGRAM DEVELOPED BY ASTROS OWNER AND CHAIRMAN JIM CRANE, THE COMMUNITY LEADERS PROGRAM SEEKS TO PROVIDE THE NEXT GENERATION OF YOUNG ATHLETES WITH THE ENVIRONMENT AND RESOURCES THEY NEED TO DEVELOP PHYSICALLY AND MENTALLY. BASEBALL AND SOFTBALL TEACH YOUNG PLAYERS THE IMPORTANCE OF TEAMWORK, PERSEVERANCE AND COMMITMENT, PRINCIPLES THAT WILL SERVE THEM NOT ONLY ON THE FIELD, BUT THROUGHOUT THEIR LIVES.


URBAN YOUTH ACADEMY THE ASTROS YOUTH ACADEMY IS A CORNERSTONE PROGRAM OF THE ASTROS FOUNDATION WHICH SERVES OVER 10,000 PARTICIPANTS ON A EAR-ROUND BASIS PROVIDING FREE BASEBALL AND SOFTBALL INSTRUCTION AND CAMPS, LIFE-SKILLS TRAINING AND ACADEMIC SUPPORT TO YOUNG ATHLETES THROUGHOUT THE GREATER HOUSTON AREA.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $4,263,723
Interest on Savings $0
Dividends & Interest $92,647
Net Rental Income$0
Net Gain on Sale of Assets $316,325
Capital Gain Net Income $316,325
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,491,110
Total Revenue $6,163,805

Grants Awarded

Over the last fiscal year, Astros Foundation has awarded $1,621,250 in support to 69 organizations.

Grant RecipientAmount

NEW HOPE HOUSING

PURPOSE: SUPPORT PROGRAMS

$520,000

UNITED WAY OF GREATER HOUSTON

Org PageRecipient Profile

Houston, TX

PURPOSE: SUPPORT PROGRAMS

$210,200

THE SUNSHINE KIDS FOUNDATION

Org PageRecipient Profile

Houston, TX

PURPOSE: SUPPORT PROGRAMS

$100,000

TEACH

PURPOSE: SUPPORT PROGRAMS

$75,000

SNOWDROP FOUNDATION

Org PageRecipient Profile

Houston, TX

PURPOSE: SUPPORT PROGRAMS

$50,000

BIG LOVE CANCER CARE SERVICES

PURPOSE: SUPPORT PROGRAMS

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Astros Foundation has recieved totaling $2,292,500.

Awarding OrganizationAmount
Astros Golf Foundation

Houston, TX

PURPOSE: CHARITABLE PROJECTS

$2,000,000
$250,000
Major League Baseball Charities Inc

New York, NY

PURPOSE: GENERAL PURPOSE

$25,000
Hobby Family Foundation

Houston, TX

PURPOSE: CONTINUING OPERATING EXPENSES

$15,000
Kevin And Lesley Lilly Foundation

Houston, TX

PURPOSE: TO PROVIDE TICKETS TO MEMBERS OF THE MILITARY

$2,500
View Grant Recipient Profile

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