Houston Family Foundation Inc is located in Tulsa, OK. The organization was established in 2017. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Houston Family Foundation Inc 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 12/2023, Houston Family Foundation Inc generated $26.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (41.7%) each year. All expenses for the organization totaled $171.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Houston Family Foundation Inc has awarded 45 individual grants totaling $698,633. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carlton D Houston President/executive Officer | 1 | $0 | |
Mark L Springer Treasurer | 1 | $0 | |
Nadine Houston Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $26,583 |
Dividends & Interest | $0 |
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 | $26,583 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $21 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $168 |
Total operating and administrative expenses | $689 |
Contributions, gifts, grants paid | $171,083 |
Total expenses and disbursements | $171,772 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,369,276 |
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 | $1,369,276 |
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, Houston Family Foundation Inc has awarded $171,083 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
RIVER OAKS PRESBYTERIAN CHURCH PURPOSE: MISSION SUPPORT | $40,500 |
YOUNG LIFE PURPOSE: SUPPORT FOR STUDENT MINISTRIES | $2,400 |
YOUR ONE DEGREE PURPOSE: LEADERSHIP TRAINING | $3,600 |
DOMESTIC VIOLENCE INTERVENTION SERVICES INC PURPOSE: SUPPLIES FOR FAMILIES | $1,583 |
TULSA BOYS HOME PURPOSE: OPERATIONAL FUNDS | $10,000 |
JOHN LYNCH SPEAKS PURPOSE: LEADERSHIP AND MOTIVATIONAL SPEAKING | $106,500 |