Astros Foundation
- Assets
- $12.0m
- Revenue
- $6.7m
- Investments
- $7.8m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 10/1997
- Data as of
- 12/2022
- EIN
- 74-2793078
Organization Overview
Astros Foundation is located in Houston, TX. The organization was established in 1997. 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. Astros 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, Astros Foundation generated $6.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $7.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Astros Foundation has awarded 268 individual grants totaling $12,763,637. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
THE ASTROS FOUNDATION COMMUNITY LEADERS PROGRAM DEVELOPED BY ASTROS OWNER AND CHAIRMAN JIM CRANE, THE COMMUNITY LEADERS PROGRAM SEEKS TO PROVIDE THE NEXT GENERATION OF YOUNG ATHLETES WITH THE ENVIRONMENT AND RESOURCES THEY NEED TO DEVELOP PHYSICALLY AND MENTALLY. BASEBALL AND SOFTBALL TEACH YOUNG PLAYERS THE IMPORTANCE OF TEAMWORK, PERSEVERANCE, AND COMMITMENT, PRINCIPLES THAT WILL SERVE THEM NOT ONLY ON THE FIELD, BUT THROUGHOUT THEIR LIVES.
URBAN YOUTH ACADEMY THE ASTROS YOUTH ACADEMY IS A CORNERSTONE PROGRAM OF THE ASTROS FOUNDATION WHICH SERVES OVER 10,000 PARTICIPANTS ON A EAR-ROUND BASIS PROVIDING FREE BASEBALL AND SOFTBALL INSTRUCTION AND CAMPS, LIFE-SKILLS TRAINING, AND ACADEMIC SUPPORT TO YOUNG ATHLETES THROUGHOUT THE GREATER HOUSTON AREA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jared Crane President | 1 | $0 | |
Jud Grady Treasurer | 1 | $0 | |
Doug Bauer Board Member | 1 | $0 | |
Jim Crane Board Member | 1 | $0 | |
Terri Havens Board Member | 1 | $0 | |
Johnny Johnson Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,071,357 |
| Interest on Savings | $0 |
| Dividends & Interest | $200,922 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $234,459 |
| Capital Gain Net Income | $234,459 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,154,184 |
| Total Revenue | $6,660,922 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $751,023 |
| Pension plans, employee benefits | $83,844 |
| Interest | $6,319 |
| Taxes | $56,993 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,994,881 |
| Total operating and administrative expenses | $2,964,710 |
| Contributions, gifts, grants paid | $4,496,443 |
| Total expenses and disbursements | $7,461,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,216,258 |
| Savings and temporary cash investments | $0 |
| 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 | $12,036,381 |
| Accounts payable and accrued expenses | $422,713 |
| 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 | $422,713 |
Grants Awarded
Over the last fiscal year, Astros Foundation has awarded $4,496,443 in support to 116 organizations.
| Grant Recipient | Amount |
|---|---|
1VISION PURPOSE: SUPPORT PROGRAMS | $164 |
AIDS FOUNDATION HOUSTON INC PURPOSE: SUPPORT PROGRAMS | $3,040 |
AMERICAN CANCER SOCIETY PURPOSE: SUPPORT PROGRAMS | $5,000 |
ANGEL BY NATURE PURPOSE: SUPPORT PROGRAMS | $10,000 |
ASTRODOME CONSERVANCY PURPOSE: SUPPORT PROGRAMS | $5,000 |
AID TO VICTIMS OF DOMESTIC ABUSE (AVDA) PURPOSE: SUPPORT PROGRAMS | $5,000 |