Harmon Family Foundation
- Assets
- $468.5k
- Revenue
- $324.1k
- Investments
- $239.3k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 10/1994
- Data as of
- 03/2022
- EIN
- 76-0398243
Organization Overview
Harmon Family Foundation is located in Houston, TX. The organization was established in 1994. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Harmon Family 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 03/2022, Harmon Family Foundation generated $324.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $256.2k during the year ending 03/2022. While expenses have increased by 13.7% per year over the past 7 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 2016, Harmon Family Foundation has awarded 46 individual grants totaling $270,100. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF DICK HARMON TOURNAMENT. GOLF TOURNAMENT TO PROMOTE JUNIOR GOLF AND EDUCATIONAL SCHOLARSHIPS
DICK HARMON MEMORIAL HIGH SCHOOL GOLF TOURNAMENT. INVITATIONAL JUNIOR GOLF TOURNAMENT HONORING TEXAS HIGH SCHOOL GOLF TEAMS.
GREENWOOD CUP TOURNAMENT. JUNIOR GOLF INVITATIONAL TOURNAMENT HONORING PLAYERS FROM ACROSS UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi Harmon Potter Secretary | 0 | $0 | |
Nancy Harmon President | 2 | $0 | |
Rick Harmon Vice-President | 0 | $0 | |
Chris Harmon Vice-President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $294,988 |
| Interest on Savings | $248 |
| Dividends & Interest | $13,059 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,794 |
| Capital Gain Net Income | $15,794 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $324,089 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $690 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $221,870 |
| Total operating and administrative expenses | $225,421 |
| Contributions, gifts, grants paid | $30,800 |
| Total expenses and disbursements | $256,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,258 |
| 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 | $936 |
| Total assets | $468,521 |
| 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, Harmon Family Foundation has awarded $30,800 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SO TEXAS PGA FOUNDATION - PGA REACH PURPOSE: GOLF SCHOLARSHIPS | $19,000 |
Bethesda, MD PURPOSE: SPONSORSHIP FOR GENERAL FUND | $5,000 |
FIRST TEE OF LOUISVILLE PURPOSE: JUNIOR GOLF PROGRAMS & GENERAL FUND | $5,000 |
Houston, TX PURPOSE: GOLF TOURNAMENT SPONSORSHIP2021 EVENT | $1,800 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Harmon Family Foundation has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
Don A Sanders Family Foundation Houston, TX PURPOSE: EXEMPT FUNCTION | $6,000 |
Gordon A Cain Foundation Houston, TX PURPOSE: UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kirkpatrick Family Affiliated Fund Ok City Community Foundation Inc Oklahoma City, OK | $324,040,869 | $11,766,230 |
John L Santikos Charitable Foundation San Antonio, TX | $496,690,264 | -$37,218,989 |
Bokf Foundation Tulsa, OK | $18,840,585 | $10,529,453 |
Barbara Bush Houston Literacy Foundation Houston, TX | $10,679,389 | $4,314,808 |
San Jacinto Community College Foundation Pasadena Texas Pasadena, TX | $44,430,086 | $3,138,772 |
Northshore Community Foundation Covington, LA | $35,281,290 | $6,747,266 |
Cardwell Foundation El Paso, TX | $19,559,398 | $1,253,367 |
Boys And Girls Club Of Benton County Bentonville, AR | $4,739,597 | $3,092,938 |
Highland Dallas Foundation Inc Dallas, TX | $58,559,322 | $4,564,179 |
Tarrant County College Foundation Fort Worth, TX | $35,706,902 | $3,034,806 |
William C Schumacher Family Foundation Lafayette, LA | $29,256,069 | $1,867,606 |
Charitable Holdings Ii Austin, TX | $3,026,494 | $996,055 |