Gillson Longenbaugh Foundation
- Assets
- $0.0
- Revenue
- $208.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 09/1982
- Data as of
- 05/2021
- EIN
- 76-0001952
Organization Overview
Gillson Longenbaugh Foundation is located in Houston, TX. The organization was established in 1982. 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.
For the year ending 05/2021, Gillson Longenbaugh Foundation generated $208.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (32.1%) each year. All expenses for the organization totaled $12.2m during the year ending 05/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Gillson Longenbaugh Foundation has awarded 62 individual grants totaling $11,331,781. 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 |
|---|---|---|---|
Lawrence Levy President/dir | 32 | $73,208 | |
Neal R Pellis PHD Sec/sciadv/dir | 6.6 | $12,800 | |
Ew Ned Torian Vp/dir | 3 | $4,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,572 |
| Dividends & Interest | $101,406 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $102,475 |
| Capital Gain Net Income | $102,475 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $208,453 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,808 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $5,600 |
| Interest | $0 |
| Taxes | $2,500 |
| Depreciation | $0 |
| Occupancy | $26,098 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,192 |
| Total operating and administrative expenses | $225,368 |
| Contributions, gifts, grants paid | $11,985,897 |
| Total expenses and disbursements | $12,211,265 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Gillson Longenbaugh Foundation has awarded $3,353,425 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
VANGUARD CHARITABLE ENDOWMENT PURPOSE: CANCER AND OTHER MEDICAL RESEARCH | $2,000,000 |
Galveston, TX PURPOSE: RESEARCH AND CLINICAL STUDIES | $225,000 |
BAYLOR COLLEGE OF MEDICINE PURPOSE: GENERAL SUPPORT | $207,000 |
UNIVERSITY OF MICHIGAN PURPOSE: RESEARCH AND CLINICAL STUDIES | $200,000 |
Houston, TX PURPOSE: GENERAL SUPPORT | $172,500 |
TIRR FOUNDATION PURPOSE: MISSION CONNECT PROGRAM | $165,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |
Ila-West Gulf Maritime Association Inc Royalty Trust Fund No 1 Houston, TX | $56,716,364 | $36,179,083 |
David Weekley Family Foundation Houston, TX | $132,693,267 | $39,507,010 |
T L L Temple Foundation Lufkin, TX | $464,501,486 | $44,070,137 |
Town Branch Foundation Bentonville, AR | $511,930,269 | $39,195,874 |
Perot Foundation Dallas, TX | $46,575,873 | $1,622,633 |
The Charles Butt Foundation San Antonio, TX | $7,229,103 | $6,060,986 |