Greater Houston Community Foundation is located in Houston, TX. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Greater Houston Community 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, Greater Houston Community Foundation generated $846.0k in total revenue. All expenses for the organization totaled $10.0m during the year ending 12/2023.
Since 2022, Greater Houston Community Foundation has awarded 267 individual grants totaling $7,740,621. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE HOUSTON FUND FOR SOCIAL JUSTICE AND ECONOMIC EQUITY IS TO ENACT TRANSFORMATIONAL CHANGE THROUGH THE INVESTMENT OF RESOURCES IN ORGANIZATIONS AND INITIATIVES THAT EMPOWER AND UPLIFT THE BLACK COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOUSTON FUND FOR SOCIAL JUSTICE AND ECONOMIC EQUITY SPENT $9,346,100 ENACTING TRANSFORMATIONAL CHANGE BY INVESTING IN RESOURCES, ORGANIZATIONS AND INITIATIVES THAT EMPOWER AND UPLIFT COMMUNITIES OF COLOR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sylvester Turner Honorary Chair/director | OfficerTrustee | 2 | $0 |
Thomas Jones Board President/director | OfficerTrustee | 2 | $0 |
Barron Wallace Board Vice President/director | OfficerTrustee | 2 | $0 |
Winell Herron Board Treasurer/director | OfficerTrustee | 2 | $0 |
Stephanie Nellons-Paige Board Secretary/director | OfficerTrustee | 2 | $0 |
Gerald Alley Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $5,000 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $351,272 |
Noncash contributions included in lines 1a–1f | $8,538 |
Total Revenue from Contributions, Gifts, Grants & Similar | $356,272 |
Total Program Service Revenue | $0 |
Investment income | $489,265 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$94 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $846,038 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,198,663 |
Grants and other assistance to domestic individuals. | $2,738,200 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $181,329 |
Compensation of current officers, directors, key employees. | $72,532 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $500 |
Pension plan accruals and contributions | $30 |
Other employee benefits | $38 |
Payroll taxes | $12,933 |
Fees for services: Management | $1,406,130 |
Fees for services: Legal | $468 |
Fees for services: Accounting | $3,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,132 |
Fees for services: Other | $125,505 |
Advertising and promotion | $25,359 |
Office expenses | $3,587 |
Information technology | $198,862 |
Royalties | $0 |
Occupancy | $4,326 |
Travel | $4,036 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $52,466 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $9,964,071 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $6,689,654 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,689,654 |
Accounts payable and accrued expenses | $54,752 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $54,752 |
Net assets without donor restrictions | $6,634,902 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,689,654 |
Over the last fiscal year, Greater Houston Community Foundation has awarded $5,085,188 in support to 154 organizations.
Grant Recipient | Amount |
---|---|
HEART OF HOUSTON COMMUNITY DEVELOPMENT CORPORATION PURPOSE: TOWARD APPROVED TANGIBLE ASSETS DESCRIBED IN OPEN FOR BUSINESS GRANT AGREEMENT | $100,000 |
HOUSTON FREEDMENS TOWN CONSERVANCY PURPOSE: TOWARD APPROVED TANGIBLE ASSETS DESCRIBED IN OPEN FOR BUSINESS GRANT AGREEMENT | $100,000 |
WEST STREET RECOVERY PURPOSE: TOWARD APPROVED TANGIBLE ASSETS DESCRIBED IN OPEN FOR BUSINESS GRANT AGREEMENT | $100,000 |
BREAD OF LIFE INC PURPOSE: PUBLIC SAFETY, DISASTER PREPAREDNESS & RELIEF-DISASTER PREPAREDNESS & RELIEF SERVICES AND OPEN FOR BUSINESS GRANT | $71,600 |
SHAPE COMMUNITY CENTER INC PURPOSE: HUMAN SERVICES-ETHNIC & IMMIGRANT CENTERS AND OPEN FOR BUSINESS GRANT | $67,925 |
BRENTWOOD ECONOMIC COMMUNITY DEVELOPMENT CORPORATION PURPOSE: TOWARD APPROVED TANGIBLE ASSETS DESCRIBED IN OPEN FOR BUSINESS GRANT AGREEMENT | $62,700 |