Greater Houston Community Foundation is located in Houston, TX. The organization was established in 2017. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Greater Houston Community 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, Greater Houston Community Foundation generated $5.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Greater Houston Community Foundation has awarded 90 individual grants totaling $7,915,338. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT FOR 501(C)(3) ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FRANK LIU JR. FOUNDATION DONATED $480,668 TO VARIOUS TAX EXEMPT ORGANIZATIONS DURING 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frank Liu President/director | OfficerTrustee | 0 | $0 |
Cindy Liu Secretary/director | OfficerTrustee | 0 | $0 |
Kirby Liu Vice-President/director | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $2,856 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,011 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,867 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $18,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $791 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $2,118,491 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $273,550 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $645,843 |
Investments—other securities | $10,575,564 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $11,494,957 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $11,494,957 |
Over the last fiscal year, Greater Houston Community Foundation has awarded $470,668 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
WILLIAM MARSH RICE UNIVERSITY PURPOSE: EDUCATION-HIGHER EDUCATION | $306,668 |
UTAH STATE UNIVERSITY PURPOSE: EDUCATIONAL | $80,000 |
TREES FOR HOUSTON PURPOSE: ENVIRONMENT-ENVIRONMENTAL BEAUTIFICATION | $50,000 |
UNIVERSITY OF CONNECTICUT FOUNDATION INCORPORATED PURPOSE: EDUCATION-SINGLE ORGANIZATION SUPPORT | $14,000 |
METHODIST HOSPITAL FOUNDATION PURPOSE: HEALTH CARE-HOSPITALS | $10,000 |
CHINESE COMMUNITY CENTER INC PURPOSE: HUMAN SERVICES-PERSONAL SOCIAL SERVICES | $10,000 |