Ithaka Foundation

Organization Overview

Ithaka Foundation is located in Houston, TX. The organization was established in 1998. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ithaka 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, Ithaka Foundation generated $310.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $199.0k during the year ending 12/2021. While expenses have increased by 6.1% per year over the past 6 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 2017, Ithaka Foundation has awarded 88 individual grants totaling $760,974. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $70,132
Interest on Savings $8,959
Dividends & Interest $45,569
Net Rental Income$0
Net Gain on Sale of Assets $179,711
Capital Gain Net Income $179,711
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $5,902
Total Revenue $310,273

Grants Awarded

Over the last fiscal year, Ithaka Foundation has awarded $182,474 in support to 23 organizations.

Grant RecipientAmount

WOLF TRAP FOUNDATION FOR THE PERFORMING ARTS

Org PageRecipient Profile

Vienna, VA

PURPOSE: GENERAL FUND

$70,000

PESTALOZZI USA CHILDREN'S CHARITY

PURPOSE: GENERAL FUND

$23,224

THE POTOMAC SCHOOL

Org PageRecipient Profile

Mclean, VA

PURPOSE: GENERAL FUND

$21,500

MONTGOMERY COUNTRYSIDE ALLIANCE

Org PageRecipient Profile

Poolesville, MD

PURPOSE: GENERAL FUND

$15,000

Watertown, MA

PURPOSE: GENERAL FUND

$10,000

HARVARD BUSINESS SCHOOL INTERACTIVE INC

Org PageRecipient Profile

Boston, MA

PURPOSE: GENERAL FUND

$5,000
View Grant Profile

Peer Organizations

Organization NameAssets
Brown Foundation Inc
Houston, TX
$115,841,262
Moody Foundation
Galveston, TX
$132,742,251
Alice L Walton Foundation
Bentonville, AR
$449,327,995
Edward N And Della L Thome Memorial Foundation
Dallas, TX
$21,555,807
Burnett Foundation
Fort Worth, TX
$2,811,908
Jesus Fund
Little Rock, AR
$128,635,887
Rapier Family Foundation
San Antonio, TX
$1,321,420
Dan L Duncan Family Foundation
Houston, TX
$27,292,814
Fmh Foundation
Midland, TX
$148,706,487
Inasmuch Foundation
Oklahoma City, OK
$49,887,073
Ting Tsung And Wei Fong Chao Foundation
Houston, TX
$21,447,473
William K Warren Foundation
Tulsa, OK
$38,179,587

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