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Michael And Rebecca Cemo Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 1997. The principal officer is Michael J Cemo. It holds total assets of $13.9M. Annual income is reported at $10.2M. Total assets have grown from $5.1M in 2011 to $7.8M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Texas. According to available records, Michael And Rebecca Cemo Foundation has made 42 grants totaling $2.2M, with a median grant of $40K. The foundation has distributed between $472K and $678K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $678K distributed across 12 grants. Individual grants have ranged from $5K to $220K, with an average award of $54K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Texas, Florida, New York, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$34K
Average Grant
$57K
Largest Grant
$150K
Based on 12 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Michael And Rebecca Cemo Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 42 grants. Its grantmaking reaches organizations primarily in TX, FL, NY.
Michael And Rebecca Cemo Foundation has distributed a total of $2.2M across 42 grants. The median grant size is $40K, with an average of $54K. Individual grants have ranged from $5K to $220K.
Michael And Rebecca Cemo Foundation typically selects its grantees rather than accepting unsolicited proposals.
Michael And Rebecca Cemo Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael J Cemo | PRES/TREAS/DIRECTOR | $0 | $0 | N/A |
| Rebecca A Cemo | VP/SEC/DIRECTOR | $0 | $0 | N/A |
| Stephanie C Cemo | DIRECTOR | $0 | $0 | N/A |
| Jason M Cemo | DIRECTOR | $0 | $0 | N/A |
Total Giving
$521K
Total Assets
$7.8M
Fair Market Value
$10.2M
Net Worth
$7.8M
Grants Paid
$479K
Contributions
$105K
Net Investment Income
$122K
Distribution Amount
$415K
Total: $6.8M
Total Grants
42
Total Giving
$2.2M
Average Grant
$54K
Median Grant
$40K
Unique Recipients
14
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of HoustonCEMO HALL SUPPORT | Houston, TX | $220K | 2023 |
| Houston SpcaGENERAL OPERATING EXPENSES | Houston, TX | $79K | 2023 |
| Houston Methodist Hospital FoundationGENERAL OPERATING EXPENSES | Houston, TX | $50K | 2023 |
| Houston Public MediaGENERAL OPERATING EXPENSES | Houston, TX | $40K | 2023 |
| Wounded Warrior ProjectGENERAL OPERATING EXPENSES | Jacksonville, FL | $40K | 2023 |
| Houston Food BankGENERAL OPERATING EXPENSES | Houston, TX | $20K | 2023 |
| Michael J Fox FoundationGENERAL OPERATING EXPENSES | New York, NY | $20K | 2023 |
| I Stand With My PackGENERAL OPERATING EXPENSES | Culver City, CA | $10K | 2023 |
| Houston Museum Of Natural ScienceGENERAL OPERATING EXPENSES | Houston, TX | $20K | 2022 |
| Ronald Mcdonald House HoustonGENERAL OPERATING EXPENSES | Houston, TX | $10K | 2022 |
| River Oaks FoundationGENERAL OPERATING EXPENSES | Houston, TX | $10K | 2021 |
| I Stand With My Pack IncGENERAL OPERATING EXPENSES | Culver City, CA | $10K | 2021 |
| Road Dogs & RescueGENERAL OPERATING EXPENSES | Burbank, CA | $5K | 2020 |
| Bridge YearGENERAL OPERATING EXPENSES | Houston, TX | $5K | 2020 |