Gardenia Foundation is located in Houston, TX. 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. Gardenia Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HAS NO DIRECT CHARITABLE ACTIVITIES. DONATIONS ARE MADE TO RELIGIOUS, CHARITABLE, AND EDUCATIONAL INSTITUTIONS AND THE FOUNDATION HAS NO CONTROL OVER USE OF FUNDS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
S C Morian Board Of Directors | 1 | $0 | |
Sarah C Dyke Board Of Directors | 0 | $0 | |
Lars K Wadstrom Board Of Directors | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $31,000,000 |
| Interest on Savings | $10,360 |
| Dividends & Interest | $25,936 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $31,036,296 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $710,000 |
| Total expenses and disbursements | $710,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,360 |
| Savings and temporary cash investments | $30,025,936 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $30,326,296 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Gardenia Foundation has awarded $710,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF HOUSTON FOUNDATION PURPOSE: GENERAL FUND | $75,000 |
HOLLINS UNIVERSITY PURPOSE: GENERAL FUND | $500,000 |
OSTEOGENESIS IMPERFECTA FOUNDATION PURPOSE: GENERAL FUND | $10,000 |
PLANNED PARENTHOOD PURPOSE: GENERAL FUND | $50,000 |
HERMANN PARK CONSERVANCY PURPOSE: GENERAL FUND | $26,000 |
YOUNG LIFE HOUSTON SOUTHWEST PURPOSE: GENERAL FUND | $2,000 |