Houston Independent School District Foundation

Organization Overview

Houston Independent School District Foundation is located in Houston, TX. The organization was established in 1994. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2021, Houston Independent School District Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Independent School District 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 06/2021, Houston Independent School District Foundation generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.8% each year . All expenses for the organization totaled $5.5m during the year ending 06/2021. While expenses have increased by 26.1% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE HOUSTON INDEPENDENT SCHOOL DISTRICT (HISD) FOUNDATION SUPPORTS THE HOUSTON INDEPENDENT SCHOOLS DISTRICT'S SCHOOLS AND PROGRAMS. FUNDS RAISED BY THE FOUNDATION PROVIDE RESOURCES TO ADVANCE THE INITIATIVES OF THE DISTRICT'S STRATEGIC DIRECTIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OTHE HISD FOUNDATION SUPPORTS THE HOUSTON INDEPENDENT SCHOOL DISTRICT AND ITS MISSION OF PROVIDING EVERY STUDENT WITH A CONSISTENTLY RIGOROUS EDUCATION IN A SAFE ENVIRONMENT. ESTABLISHED IN 1994, THE HISD FOUNDATION IS A 501(C)(3) NOT-FOR-PROFIT ORGANIZATION GOVERNED BY A VOLUNTEER BOARD OF DIRECTORS THAT INCLUDES LOCAL BUSINESS, INDUSTRY, AND COMMUNITY LEADERS.THE FOUNDATION WORKS WITH THE SUPERINTENDENT OF SCHOOLS, HISD BOARD OF EDUCATION, AND HOUSTON'S BUSINESS LEADERS AND PHILANTHROPIC COMMUNITY TO RAISE FUNDS FOR THE DISTRICT AND PROVIDE SUPPORT FOR TEACHERS, STUDENTS, AND PARENTS AND BRING OVERALL AWARENESS TO THE DISTRICT'S COMMITMENT TO PROVIDING EVERY STUDENT WITH A QUALITY EDUCATION.THE FOUNDATION SUPPORTS THE DISTRICT AND SCHOOL-BASED PROGRAMS AND INITIATIVES TO INCREASE STUDENT ACADEMIC ACHIEVEMENT, ELIMINATE THE MINORITY ACHIEVEMENT GAP, AND DEVELOP AND RETAIN EFFECTIVE EDUCATORS IN EVERY CLASSROOM.THE FOUNDATION BELIEVES EQUITY, LITERACY, INNOVATION, COLLEGE ACCESS, AND GREAT PEOPLE CAN ENSURE STUDENTS ARE PREPARED FOR COLLEGE AND THE WORKFORCE.


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Board, Officers & Key Employees

Name (title)Compensation
Katherine Smith
Executive Director
$116,769
Ore Owodunni
Chair To 6/8/2021
$0
Matthew Noll
Chair From 6/9/2021
$0
Gerald Merfish
Treasurer
$0
Pamela Baden
Secretary To 9/9/20
$0
Lina Sabouni
Secretary From 9/9/20
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Emerge Fellowship
Curriculum Support Programs
$1,094,900
Breakthrough Houston
Curriculum Support Programs
$159,371
Testmasters
Sat Test Preparation
$185,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$349,452
Related organizations$0
Government grants $12,760
All other contributions, gifts, grants, and similar amounts not included above$5,483,993
Noncash contributions included in lines 1a–1f $432,028
Total Revenue from Contributions, Gifts, Grants & Similar$5,846,205
Total Program Service Revenue$0
Investment income $199
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$8,009
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,838,395

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Houston Independent School District Foundation has recieved totaling $3,666,908.

Awarding OrganizationAmount
Houston Endowment Inc

Houston, TX

PURPOSE: PROJECT SUPPORT TO IMPLEMENT THE EMERGE FELLOWSHIP PROGRAM FOR THE GRADUATING CLASSES OF 2022, 2023, AND 2024 AT HOUSTON ISD

$1,550,000
Houston Endowment Inc

Houston, TX

PURPOSE: PROJECT SUPPORT TO IMPLEMENT THE EMERGE FELLOWSHIP PROGRAM FOR THE GRADUATING CLASSES OF 2022, 2023, AND 2024 AT HOUSTON ISD

$1,000,000
Houston Endowment Inc

Houston, TX

PURPOSE: PROJECT SUPPORT TO IMPLEMENT THE EMERGE FELLOWSHIP PROGRAM FOR THE GRADUATING CLASSES OF 2022, 2023, AND 2024 AT HOUSTON ISD

$450,000
Green Mountain Energy Sun Club

Princeton, NJ

PURPOSE: Raincrete exercise path, solar workstation, water bottle filler station, 2 solar powered charging stations, and bamboo grove for HISDF

$179,664
Houston Endowment Inc

Houston, TX

PURPOSE: PROJECT SUPPORT FOR ENHANCING HISD'S ABILITY TO PROVIDE TARGETED RESOURCES AND PARTNERSHIPS TO SCHOOLS

$175,000
Houston Endowment Inc

Houston, TX

PURPOSE: PROJECT SUPPORT TO DEVELOP DATA SHARING INFRASTRUCTURE BETWEEN HOUSTON INSTITUTES OF HIGHER EDUCATION (IHES) AND SCHOOL DISTRICTS

$100,000
View Grant Recipient Profile

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