Fondren Foundation

Organization Overview

Fondren Foundation is located in Houston, TX. The organization was established in 1950. 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. Fondren 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 10/2021, Fondren Foundation generated $20.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $15.2m during the year ending 10/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing



Describe the Organization's Program Activity:

Part 3 - Line 4a


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jp Morgan Chase Bank
Williams Jones & Associates Llc Williams Jones & Associates Llc
Wells Fargo Advisors
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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $915
Dividends & Interest $4,698,895
Net Rental Income$0
Net Gain on Sale of Assets $15,461,795
Capital Gain Net Income $15,461,795
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,647
Total Revenue $20,163,252

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