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Cerise Family Foundation is a private corporation based in FRIENDSWOOD, TX. The foundation received its IRS ruling in 2021. The principal officer is % Leonard Cherry. It holds total assets of $6.6M. Annual income is reported at $3.3M. DONATION TO HOUSTON METHODIST FOUNDATION. According to available records, Cerise Family Foundation has made 12 grants totaling $443K, with a median grant of $6K. Annual giving has grown from $161K in 2021 to $281K in 2022. Individual grants have ranged from $250 to $250K, with an average award of $37K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
DONATION TO HOUSTON METHODIST FOUNDATION
Expenses: $250K
DONATION TO FRIENDSWOOD ISD EDUCATION FOUNDATION
Expenses: $20K
DONATION TO PRISON ENTREPRENEUR PROGRAM
Expenses: $10K
DONATION TO GALVESTON COUNTY FAIR & RODEO
Expenses: $1K
DONATION TO HOUSTON METHODIST FOUNDATION. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in TX.
Cerise Family Foundation has distributed a total of $443K across 12 grants. The median grant size is $6K, with an average of $37K. Individual grants have ranged from $250 to $250K.
Cerise Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cerise Family Foundation is headquartered in FRIENDSWOOD, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Leonard Cherry | DIRECTOR | $0 | $0 | $0 |
| Regina Cherry | DIRECTOR | $0 | $0 | $0 |
| Elaine Stark | DIRECTOR | $0 | $0 | $0 |
| Hayley Wagoner | DIRECTOR | $0 | $0 | $0 |
Total Giving
$295K
Total Assets
$5.7M
Fair Market Value
$5.7M
Net Worth
$5.7M
Grants Paid
$281K
Contributions
$5M
Net Investment Income
$122K
Distribution Amount
$187K
Total: $1.3M
Total Grants
12
Total Giving
$443K
Average Grant
$37K
Median Grant
$6K
Unique Recipients
10
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Houston Methodist FoundationDONATION TO HOSPITAL | Houston, TX | $250K | 2022 |
| Friendswood Isd Education FoundationDONATION TO SCHOOL FOUNDATION | Friendswood, TX | $20K | 2022 |
| Prison Entrepreneur ProgramDONATION TO NON PROFIT PROGRAM | Houston, TX | $10K | 2022 |
| Galveston County Fair & RodeoDONATION TO LIVESTOCK AUCTION | Santa Fe, TX | $1K | 2022 |
| Brazoria County Fair AssociationDONATION TO LIVESTOCK AUCTION | Angleton, TX | $250 |
TOMBALL, TX
HOUSTON, TX
SPICEWOOD, TX
FORT WORTH, TX
COLORADO SPGS, CO
| 2022 |
| The Parish SchoolDONATION TO GRANDCHILDS SCHOOL | Houston, TX | $100K | 2021 |
| J Frank Dobie High SchoolDONATION TO SCHOLARSHIP FUND | Houston, TX | $48K | 2021 |
| Camp For AllDONATION TO HONOR DEATH OF A FAMILY FRINED | Houston, TX | $6K | 2021 |
| A Shelter For Cancer FamiliesDONATION FOR GALA | Houston, TX | $5K | 2021 |
| Alzheimer'S AssociationDONATION IN HONOR OF REGINA'S MOTHER | Houston, TX | $500 | 2021 |
HOUSTON, TX
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