Pursuit Foundation

Organization Overview

Pursuit Foundation, operating under the name The Center Foundation, is located in Houston, TX. The organization was established in 1981. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center 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 06/2022, Center Foundation generated $2.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $3.3m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORTING ORGANIZATION FOR THE CENTER FOR PURSUIT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MISSION OF THE PURSUIT FOUNDATION IS TO PROVIDE NECESSARY FINANCIAL RESOURCES TO THE CENTER FOR PURSUIT TO MEET THE NEEDS OF PERSONS WITH DEVELOPMENTAL DISABILITIES, AUTISM, AND SIMILAR CONDITIONS BY PROVIDING RESIDENTIAL AND DAY PROGRAM SERVICES, INCLUDING SUPPORT SERVICES IN COMMUNITY BASED SETTINGS SUCH AS FAMILY HOMES, SMALL GROUP HOMES, AND SUPPORTED LIVING. PROGRAM ACTIVITIES ENCOMPASS EMPLOYMENT OPPORTUNITIES, LIFE SKILLS TRAINING, PHYSICAL AND EMOTIONAL WELLNESS SUPPORT, AND SPECIALIZED HEALTHCARE SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Glen Shepard
President
$0
Shaheen Ladhani
Secretary
$0
David Baldwin
Trustee
$0
David Cunningham
Trustee
$0
Eric Nordstrom
Trustee
$0
Lance Reynolds
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
De Harvey Builders Inc
Contractor
$9,080,882
Mars Mercantile
Architect
$576,002
Cruz Pavers
Construction Services
$302,244
Mercer Controls Inc
Installation Services
$253,613
East End Development Partners Llc
Project Manager
$201,515
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,594,091
Noncash contributions included in lines 1a–1f $25,137
Total Revenue from Contributions, Gifts, Grants & Similar$2,594,091
Total Program Service Revenue$0
Investment income $139,739
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $21,788
Net Gain/Loss on Asset Sales $31,280
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,786,898

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