Postl Family Foundation
- Assets
- $507.9k
- Revenue
- $1.5m
- Investments
- $484.1k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 14-1856946
Organization Overview
Postl Family Foundation is located in Houston, TX. The organization was established in 2004. 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. Postl Family 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 12/2022, Postl Family Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $472.5k during the year ending 12/2022. While expenses have increased by 10.5% per year over the past 8 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 2015, Postl Family Foundation has awarded 182 individual grants totaling $3,309,305. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT BY CONTRUBIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501 (C) (3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James J Postl Pre/director As Needed | 1 | $0 | |
Beverly A Postl Sec/director As Needed | 1 | $0 | |
Erin Postl Director-As Needed | 0 | $0 | |
Jennifer Boston Director-As Needed | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,018,038 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,170 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $504,324 |
| Capital Gain Net Income | $504,324 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,535,532 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,254 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,788 |
| Total operating and administrative expenses | $5,042 |
| Contributions, gifts, grants paid | $467,500 |
| Total expenses and disbursements | $472,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,775 |
| 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 | $507,888 |
| 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 |
Grants Awarded
Over the last fiscal year, Postl Family Foundation has awarded $467,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
MEMORIAL HERMANN FOUNDATION PURPOSE: 03/29/22 12/09/22CHECK XXX9124 CHECK XXX3025CHARITABLE PURPOSES ONLY | $150,000 |
Dallas, TX PURPOSE: 01/08/22CHECK 4027709131CHARITABLE PURPOSES ONLY | $100,000 |
Houston, TX PURPOSE: 01/28/22 08/23/22CHECK XXX9229 CHECK XXX5170CHARITABLE PURPOSES ONLY | $75,000 |
Chicago, IL PURPOSE: 06/28/22WIRE TRANSFERCHARITABLE PURPOSES ONLY | $40,000 |
Houston, TX PURPOSE: 04/13/22 07/08/22 09/29/22CHECK XXX8383 CHECK XXX0867 CHECK XXX1268CHARITABLE PURPOSES ONLY | $37,500 |
Houston, TX PURPOSE: 01/28/22 02/17/22CHECK XXX9278 CHECK XXX0858CHARITABLE PURPOSES ONLY | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX | $26,401,006 | $21,447,473 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |