Houston Endowment Inc

Organization Overview

Houston Endowment Inc is located in Houston, TX. The organization was established in 1938. 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. Houston Endowment 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 12/2021, Houston Endowment Inc generated $265.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $82.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Houston Endowment Inc has awarded 2,607 individual grants totaling $413,069,532. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

PROVIDING TECHNICAL ASSISTANCE TO HOUSTON INDEPENDENT SCHOOL DISTRICT FOR STRATEGIC PLANNING EFFORTS


PROVIDING TECHNICAL ASSISTANCE RELATING TO THE CITY OF HOUSTON'S COMPLETE COMMUNITIES INITIATIVE


PROVIDING TECHNICAL ASSISTANCE TO OTHER GRANTEES AND INITIATIVES`


CONDUCTING RESEARCH AND EVALUATIONS TO DRIVE PROGRAMMATIC STRATEGIES


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0
John Rosenkild
Dir., Legal
$231,800
Sheryl Fultz
Dir., People
$216,300
Russell Ramsey
Dir. Learn & Eval.
$175,800
Cynthia Hurrington
Dir., Comm.
$171,296
Jennifer Jouas
Dir., Fin. & Acct.
$168,000

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Investure Llc
$9,975,194
Ldr Advisory Partners
$1,400,000
Kevin Daly Architects
$965,101
Ilo Group
$629,333
Public Impact Llc
$442,527
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $8,346
Dividends & Interest $1,953,881
Net Rental Income$0
Net Gain on Sale of Assets $243,420,678
Capital Gain Net Income $219,311,860
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $20,271,248
Total Revenue $265,655,014

Grants Awarded

Over the last fiscal year, Houston Endowment Inc has awarded $106,492,413 in support to 503 organizations.

Grant RecipientAmount

GOOD REASON HOUSTON INC

Org PageRecipient Profile

Houston, TX

PURPOSE: GENERAL OPERATING SUPPORT

$5,000,000

BUFFALO BAYOU PARTNERSHIP

Org PageRecipient Profile

Houston, TX

PURPOSE: PROJECT SUPPORT TOWARD IMPLEMENTATION OF THE EAST SECTOR MASTER PLAN

$5,000,000

GOOD REASON HOUSTON INC

Org PageRecipient Profile

Houston, TX

PURPOSE: GENERAL OPERATING SUPPORT

$5,000,000

GOOD REASON HOUSTON INC

Org PageRecipient Profile

Houston, TX

PURPOSE: GENERAL OPERATING SUPPORT

$5,000,000

FOUNDATION FOR JONES HALL

PURPOSE: CAPITAL SUPPORT FOR THE RENOVATION OF JONES HALL

$2,500,000

GREATER HOUSTON COMMUNITY FOUNDATION

Org PageRecipient Profile

Houston, TX

PURPOSE: PROJECT SUPPORT TOWARD THE COMPLETE COMMUNITIES IMPROVEMENT FUND

$2,000,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Houston Endowment Inc has recieved totaling $2,000.

Awarding OrganizationAmount
Mcneill Charitable Foundation Inc

Houston, TX

PURPOSE: GENERAL OPERATING

$1,000
Mcneill Charitable Foundation Inc

Houston, TX

PURPOSE: GENERAL OPERATING

$1,000
View Grant Recipient Profile

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