Cerise Family Foundation

Organization Overview

Cerise Family Foundation is located in Friendswood, TX. 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. Cerise 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 12/2022, Cerise Family Foundation generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 63.4% each year .

Since 2021, Cerise Family Foundation has awarded 12 individual grants totaling $442,500. 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 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATION TO HOUSTON METHODIST FOUNDATION


DONATION TO FRIENDSWOOD ISD EDUCATION FOUNDATION


DONATION TO PRISON ENTREPRENEUR PROGRAM


DONATION TO GALVESTON COUNTY FAIR & RODEO


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $5,000,000
Interest on Savings $22,852
Dividends & Interest $112,920
Net Rental Income$0
Net Gain on Sale of Assets -$771,503
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $4,364,269

Grants Awarded

Over the last fiscal year, Cerise Family Foundation has awarded $281,250 in support to 5 organizations.

Grant RecipientAmount

BRAZORIA COUNTY FAIR ASSOCIATION

PURPOSE: DONATION TO LIVESTOCK AUCTION

$250

FRIENDSWOOD ISD EDUCATION FOUNDATION

PURPOSE: DONATION TO SCHOOL FOUNDATION

$20,000

GALVESTON COUNTY FAIR & RODEO

PURPOSE: DONATION TO LIVESTOCK AUCTION

$1,000

HOUSTON METHODIST FOUNDATION

PURPOSE: DONATION TO HOSPITAL

$250,000

PRISON ENTREPRENEUR PROGRAM

PURPOSE: DONATION TO NON PROFIT PROGRAM

$10,000
View Grant Profile

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