Jerold B Katz Foundation
- Assets
- $364.9m
- Revenue
- $214.5m
- Investments
- $356.3m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/1981
- Data as of
- 11/2022
- EIN
- 74-2164970
Organization Overview
Jerold B Katz Foundation is located in Houston, TX. The organization was established in 1981. 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. Jerold B Katz 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 11/2022, Jerold B Katz Foundation generated $214.5m in total revenue. All expenses for the organization totaled $13.6m during the year ending 11/2022. While expenses have increased by 25.4% per year over the past 3 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 2020, Jerold B Katz Foundation has awarded 30 individual grants totaling $30,100,872. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evan H Katz President/trustee | 5 | $0 | |
Duncan Lamme Vice President | 5 | $0 | |
Nicolas Garcia Secretary/treasurer | 5 | $0 | |
Lissy Katz Bank Trustee | 1 | $0 | |
Michael Helfer Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $202,292,019 |
| Interest on Savings | $65,459 |
| Dividends & Interest | $7,473,691 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,553,399 |
| Capital Gain Net Income | $4,553,399 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $103,475 |
| Total Revenue | $214,488,043 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $91,250 |
| Depreciation | $486 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $54 |
| Total operating and administrative expenses | $263,615 |
| Contributions, gifts, grants paid | $13,300,759 |
| Total expenses and disbursements | $13,564,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $489,001 |
| Savings and temporary cash investments | $8,128,338 |
| 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 | $11,595,833 |
| Net Land, buildings, and equipment | $1,052 |
| Other assets | $0 |
| Total assets | $364,930,688 |
| 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, Jerold B Katz Foundation has awarded $10,150,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
THE METHODIST HOSPITAL PURPOSE: 2023 DONATION | $3,000,000 |
THE KINKAID SCHOOL PURPOSE: 2023 DONATION | $5,000,000 |
THE HOUSTON BOTANIC GARDEN PURPOSE: 2023 DONATION | $50,000 |
THE MUSEUM OF FINE ARTS HOUSTON PURPOSE: 2023 DONATION | $50,000 |
JEWISH FEDERATION OF GREATER HOUSTON PURPOSE: 2023 DONATION | $550,000 |
GRAHAM WINDHAM PURPOSE: 2023 DONATION | $25,000 |