The Search Foundation
- Assets
- $9.9m
- Revenue
- $602.0k
- Investments
- $8.1m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 01/1997
- Data as of
- 12/2023
- EIN
- 76-0520202
Organization Overview
The Search Foundation is located in Houston, TX. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Search 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 12/2023, Search Foundation generated $602.0k 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 (36.3%) each year. All expenses for the organization totaled $631.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Search Foundation has awarded 58 individual grants totaling $1,888,795. 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 |
|---|---|---|---|
Catherine Coste President & Director | 4 | $0 | |
Mathilde Coste Sr. Vice Pres. & Director | 1 | $0 | |
Bertrand Coste Vice President & Director | 1 | $0 | |
Stephane Coste Vice President & Director | 1 | $0 | |
Molly K Wurzer Secretary-Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $38,761 |
| Dividends & Interest | $497,383 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $65,885 |
| Capital Gain Net Income | $65,885 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $602,029 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,495 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,891 |
| Total operating and administrative expenses | $108,091 |
| Contributions, gifts, grants paid | $523,101 |
| Total expenses and disbursements | $631,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,826 |
| Savings and temporary cash investments | $1,872,716 |
| 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 | $3,418,735 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,930,948 |
| 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, The Search Foundation has awarded $523,101 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ASSOCIATION MUSIQUE A FLAINE PURPOSE: CURRENT OPERATING EXPENSES, GENERAL SUPPORT | $5,440 |
BUMI SEHAT FOUNDATION INTERNATIONAL PURPOSE: GENERAL SUPPORT | $20,000 |
EPIC FOUNDATION CO BLISCE PURPOSE: COMMON JUSTICE | $10,950 |
EPIC FOUNDATION CO BLISCE PURPOSE: BLUE VENTURE | $10,950 |
EPIC FOUNDATION CO BLISCE PURPOSE: NIGHTLINE | $43,800 |
FONDATION DE FRANCE PURPOSE: SEARCH PROJECT | $54,621 |