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HOUSTON, TX

Houston Endowment Inc.

Quick Facts

EIN
746013920
Location
HOUSTON, TX
Category
Philanthropy & Grantmaking
Total Assets
$2.5B
Annual Income
$427.4M
IRS Ruling Year
1938
Organization Type
Corporation
Principal Officer
% F Xavier Pena
Tax Deductibility
Contributions are deductible

About This Foundation

Houston Endowment Inc. is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 1938. The principal officer is % F Xavier Pena. It holds total assets of $2.5B. Annual income is reported at $427.4M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$130.6M

2023-11%

Total Assets

$2.4B

2023+2%

Fair Market Value

$2.4B

2023

Net Worth

$2.3B

2023

Grants Paid

$105.7M

2023

Contributions

$0

2023

Net Investment Income

$67.3M

2023

Distribution Amount

$116.4M

2023

Total Giving by Year

$104.3M
11
$107.3M
12
$97.5M
13
$125.5M
14
$95.6M
15
$114.5M
19
$131M
20
$82.7M
21
$146M
22
$130.6M
23

Asset Growth

$1.4B
11
$1.4B
12
$1.4B
13
$1.4B
14
$1.4B
15
$1.4B
19
$1.4B
20
$2.7B
21
$2.3B
22
$2.4B
23

Investment Portfolio (2023)

Total: $135.1M

Government Obligations: $135.1M
Other Investments: $2.1B
Cash: $3.2M
Government Obligations (6%)
Other Investments (94%)
Cash (0%)

Expense Breakdown (2023)

Grants Paid$105.7M
Pension & Benefits$2.8M
Officer Compensation$2.1M
Depreciation$876K
Interest$613K
Occupancy$520K
Legal Fees$256K
Travel & Conferences$252K
Accounting Fees$202K

Revenue Sources (2023)

Capital Gains (Net)
$101.5M
Other Income
$16.4M
Dividends
$2.7M
Interest
$2M
Gross Rents
$847

Financial Details (2023)

Total Revenue
$122.6M
Total Expenses
$130.6M
Exempt Purpose Expenses
$121M
Required Distribution
$116.4M
Undistributed Income
$79.5M
Grants Approved (Future)
$37.6M
Total Liabilities
$93.5M
Excise Tax
$935K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

50

Total Giving

$49.4M

Average Grant

$989K

Median Grant

$750K

Grant Range

Min$400K
Max$5M
Median: $750K
Smallest grantLargest grant

Geographic Distribution of Grants

AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
TX: $49.4M (50)
TX$49.4M (50)

Past Grantees

RecipientLocationAmountYear
Buffalo Bayou PartnershipProject Support Toward Implementation of the East Sector Master PlanHouston, TX$5M2021
Foundation For Jones HallCapital Support for the Renovation of Jones HallHouston, TX$2.5M2021
Greater Houston Community FoundationProject Support Toward the Complete Communities Improvement FundHouston, TX$2M2021
Yes Prep Public Schools IncProject Support for Leading Forward campaign: launch of high quality elementary schoolsHouston, TX$2M2021
Kipp Texas IncProject Support for the Rise Together Campaign for the Expansion of KIPP Public Schools in HoustonHouston, TX$2M2021
Houston Independent School District FoundationProject Support to Implement the EMERGE Fellowship Program for the Graduating Classes of 2022, 2023, and 2024 at Houston ISDHouston, TX$1.6M2021
Texas Southern University FoundationProject Support for the Earl Carl Institute for Legal & Social PolicyHouston, TX$1.5M2021
Catholic Charities Of The Archdiocese Of Galveston-HoustonProgram Support for the Houston Afghan Resettlement FundHouston, TX$1.5M2021
Texas Southern University FoundationProject Support to the Center for Justice ResearchHouston, TX$1.5M2021
University Of Texas At Austin TheToward support for Houston-area students participating in the University Leadership Network at The University of Texas at AustinAustin, TX$1.4M2021
Texas Southern University FoundationProject Support Toward the Dr. Robert D. Bullard Center for Environmental JusticeHouston, TX$1.3M2021
Link HoustonGeneral Operating SupportHouston, TX$1.2M2021
Communities Foundation Of TexasProject Support for Expanding HB3 Programming and Support Houston Districts to Apply for Teacher Incentive Allotment (Cohort E)Dallas, TX$1.1M2021
Local Initiatives Support CorporationToward Great Opportunities (GO) Neighborhoods: Continuation and enhancements for data, health, and civic engagementHouston, TX$1M2021
Harmony Public SchoolsProject Support for Houston ExpansionHouston, TX$1M2021
Houston Arts AllianceProject Support for the Houston BIPOC Arts Network & Fund (BANF) - Phase I FundingHouston, TX$1M2021
Harris CountyProject Support toward Increasing Transparency, Enhancing Delivery of Services Utilizing Data, and Building Internal Training Capacity of the Harris County Elections Administrator's OfficeHouston, TX$1M2021
Collaborative For ChildrenProject Support for Centers of Excellence in Historically Black NeighborhoodsHouston, TX$1M2021
Project Row HousesCapital Support for the Renovation of the Eldorado BallroomHouston, TX$1M2021
Aldine Independent School DistrictProject Support for Implementation of District Plan to Increase College, Career, and Military Readiness OutcomesHouston, TX$1M2021
Beatrice Mayes InstituteProject Support for Beatrice Mayes Institute's Building a Legacy Campaign to Serve Additional K-8 StudentsHouston, TX$1M2021
Planned Parenthood Gulf CoastGeneral Operating SupportHouston, TX$1M2021
United Way Of Greater HoustonProject Support for Out2LearnHouston, TX$1M2021
Mental Health America Of Greater HoustonProject Support for the Center for School Behavioral HealthHouston, TX$800K2021
Emancipation Park ConservancyProject Support for an Exhibit on the History of the ParkHouston, TX$750K2021
Depelchin Childrens CenterProject Support for Community-Based Care PilotHouston, TX$750K2021
Center For African American Military HistoryResources for Change, Risk, Recovery, Building and ReservesHouston, TX$750K2021
Children'S Assessment Center FoundationProject Support to Harris County Youth CollectiveHouston, TX$750K2021
Good Reason Houston IncToward increasing the number of students from Houston's urban core attending A & B schools (challenge grant)Houston, TX$750K2021
Mental Health America Of Greater HoustonToward the Center for School Behavioral HealthHouston, TX$750K2021
Communities Foundation Of TexasProject Support for Houston School Districts to Design and Implement School Calendar Changes to Address COVID-19 Learning DisruptionsDallas, TX$606K2021
Children'S Assessment Center FoundationDesignated for the Harris County Youth CollectiveHouston, TX$550K2021
Rice UniversityToward the Kinder Institute for Urban Research's data platformsHouston, TX$500K2021
Eternal Gandhi Museum Houston IncProject Support for constructing the Eternal Gandhi MuseumStafford, TX$500K2021
SparkToward SPARK park development in park desert areasHouston, TX$500K2021
Coalition For The Homeless Of Houstonharris CountyGeneral Operating Support for Ending Homelessness in Greater HoustonHouston, TX$500K2021
Ensemble TheatreResources for Change, Risk, Recovery, Building and ReservesHouston, TX$500K2021
Emerge FellowshipGeneral Operating SupportHouston, TX$500K2021
Prairie View A&M UniversityProject Support for Execution of the College of Education's Strategic Improvement PlanPrairie View, TX$500K2021
Project Row HousesResources for Change, Risk, Recovery, Building and ReservesHouston, TX$500K2021
Houston In ActionGeneral Operating Support toward the coordination of Houston in ActionHouston, TX$500K2021
Houston Parks BoardProject Support Toward Advancing Beyond the BayousHouston, TX$500K2021
Houston-Galveston Area CouncilProject Support for Launching Regional Conservation Planning EffortsHouston, TX$500K2021
Edison Arts Foundation IncCapital Support for Construction of a Cultural Arts Center at The Edison CenterMissouri City, TX$500K2021
Texas Southern University FoundationProject Support to the University MuseumHouston, TX$500K2021
Houston Independent School DistrictProject Support for the Expansion for Career Pathways Teacher Leader (CPTL) Program at Houston ISDHouston, TX$400K2021
ConnectiveProject Support for Rental Assistance, Civic Infrastructure, and the Eviction Intervention ProgramHouston, TX$400K2021
First3yearsProgram Support for Houston Operations and the implementation of the Safe Babies InitiativeAddison, TX$400K2021
Greater Houston Community FoundationProject Support for Advocates of a Latino Museum of Cultural & Visual Arts and Archive Complex in Houston, Harris County and the Planning Process of a Latino Culture and Arts CenterHouston, TX$400K2021
Arts Connect HoustonToward expanding and sustaining Arts Connect Houston, a systems change effort that ensures equity of arts education access in HISDHouston, TX$400K2021

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing
2018-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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