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Rubenstein Foundation is a private trust based in HOUSTON, TX. The foundation received its IRS ruling in 2018. The principal officer is Philip Royalty. It holds total assets of $16M. Annual income is reported at $347K. Total assets have grown from $4M in 2019 to $16M in 2023. The foundation is governed by 6 officers and trustees. Tax records are available from 2019 to 2024. Grantmaking is concentrated in Texas. According to available records, Rubenstein Foundation has made 49 grants totaling $5.3M, with a median grant of $13K. Annual giving has grown from $1.1M in 2021 to $2.2M in 2023. Individual grants have ranged from $1K to $1.8M, with an average award of $119K. The foundation has supported 21 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
The Rubenstein Foundation is a Houston-based family foundation established in 2018, governed by the Rubenstein family — Keith, Scott, and Jason Rubenstein serve as trustees. Located at 2330 Holmes Road, Houston, TX 77051, the foundation manages $16M in assets and has rapidly scaled its grantmaking from a single grant in its first year (2019) to 29 grants by 2024. The foundation's giving reveals two dominant themes: (1) strong support for the Bellaire/Southwest Houston community, particularly through major gifts to Evelyn's Park Conservancy and the City of Bellaire, and (2) deep commitment to the Houston and Dallas Jewish community, with grants spanning synagogues, Jewish community centers, Jewish Federation, Holocaust museums, and Jewish day schools. The foundation name appears connected to the broader Rubenstein family that includes Evelyn Rubenstein, namesake of the Evelyn Rubenstein Jewish Community Center of Houston, a $50M-renovated facility that has served the Greater Houston Jewish community for over 70 years. The foundation operates as a preselected-only grantmaker — it does not accept unsolicited requests for funds. Its dedicated website (rubensteinfoundation.org) is currently non-functional (parked domain), consistent with its closed application model. The foundation's rapid growth from 1 grant to 29 grants in five years suggests an increasingly active philanthropic posture.
The Rubenstein Foundation's grantmaking has grown dramatically since its 2018 establishment: 1 grant (2019), 2 grants (2020), 3 grants (2021), 10 grants (2022), 18 grants (2023), 29 grants (2024), and 12 grants in the most recent filing (2025). Total giving in the most recent year was $387,767 across 12 grants, with prior-year giving reaching $609,026 across 29 grants. The typical award range spans $1,000 to $606,589, though recent grants cluster between $5,000 and $150,000. In 2024, the grant portfolio breaks down as follows: Evelyn's Park Conservancy received the largest grant ($149,501), followed by City of Bellaire ($125,766) — together these two Bellaire civic/community grants represent 71% of total giving. Jewish community organizations received eight grants totaling $87,000: JFS Dallas ($20,000), The Jewish Federation ($10,000), The Chai House of Dallas ($10,000), Dallas Holocaust and Human Rights Museum ($10,000), Temple Shalom ($10,000), The Holocaust Museum Houston ($10,000), Congregation Emanu El ($7,000), and Congregation Beth Yeshurun ($5,000). Education grants went to The Fay School ($25,500) and The EmeryWeiner School ($5,000), both Houston-area Jewish day schools. Geographic distribution centers on Houston/Bellaire (8 grants) and Dallas (4 grants), with prior years also including Maryland and Mississippi recipients. The median grant is $10,000, reflecting a pattern of moderate community-level giving alongside two major civic investments.
| Metric | Rubenstein Foundation | Friedkin Conservation Fund | Sterling-Turner Foundation | Fondren Foundation |
|---|---|---|---|---|
| HQ | Houston, TX | Houston, TX | Houston, TX | Houston, TX |
| Total Assets | $16M | $25M+ | $40M+ | $100M+ |
| Annual Giving | ~$388K-$609K | ~$2M | ~$2M | ~$5M |
| Grant Count | 12-29/year | 20-30 | 50+ | 100+ |
| Avg Grant Size | ~$32K | ~$80K | ~$40K | ~$50K |
| Geographic Focus | Houston/Bellaire + Dallas | International | Houston/Texas | Houston/Texas |
| Accepts Applications | No (preselected) | No | Yes (by invitation) | Yes |
| Primary Focus | Jewish community, Civic | Conservation | Education, Healthcare | Education, Social Services |
| Payout Rate | ~2.4% | ~8% | ~5% | ~5% |
Among Houston-area family foundations of similar size, the Rubenstein Foundation stands out for its strong Jewish community orientation and Bellaire civic investment focus. The foundation's payout rate (~2.4% of assets) is below the IRS minimum distribution requirement for private foundations (5%), which may reflect qualifying distributions through non-grant charitable activities or timing of fiscal year calculations. The rapid growth from 1 grant to 29 grants in five years is remarkable — most family foundations take much longer to ramp up grantmaking. The foundation's concentrated geographic focus on Houston/Bellaire and Dallas distinguishes it from peers that give more broadly across Texas. Its dual-city Jewish community giving pattern (Houston + Dallas) suggests the family has deep ties to both communities.
The Rubenstein Foundation has experienced rapid growth since its 2018 establishment. In its most recent filing year, the foundation made 12 grants totaling $387,767. The prior year saw the foundation's most active period with 29 grants totaling $609,026. The two largest 2024 grants — Evelyn's Park Conservancy ($149,501) and City of Bellaire ($125,766) — reflect substantial civic investment in the Bellaire community, a city within the Houston metro area known for its strong Jewish community presence. The Evelyn Rubenstein Jewish Community Center of Houston, the family's namesake institution, recently completed a $50M renovation and expansion, recommitting to southwest Houston as a community hub. The foundation's grant portfolio shows increasing diversification: while early years had just 1-3 grants, recent years include education (Fay School, EmeryWeiner School), Jewish community services (JFS Dallas, Jewish Federation), cultural institutions (Holocaust museums in both Houston and Dallas), and houses of worship (Temple Shalom, Congregation Emanu El, Congregation Beth Yeshurun). The foundation has expanded from exclusively Houston-area giving to include Dallas-area organizations, and previously included recipients in Maryland and Mississippi, suggesting gradual geographic expansion.
The Rubenstein Foundation operates as a preselected-only grantmaker and does not accept unsolicited requests for funds. Its dedicated website (rubensteinfoundation.org) is non-functional. For organizations hoping to come to the foundation's attention: (1) The foundation's primary giving categories are Jewish community organizations, Bellaire/Southwest Houston civic projects, Jewish day schools, and Holocaust education/remembrance — alignment with these areas is essential; (2) Houston-based Jewish institutions have the strongest positioning, followed by Dallas-area Jewish organizations; (3) The foundation values Holocaust education and human rights — both the Dallas Holocaust and Human Rights Museum and the Holocaust Museum Houston receive support; (4) Educational institutions, particularly Jewish day schools (The Fay School, The EmeryWeiner School), are funded at the $5,000-$25,500 level; (5) Civic and park projects in Bellaire receive the largest grants ($125K-$150K), suggesting the family has particular attachment to this community; (6) Build visibility through the Houston Jewish community ecosystem — the Evelyn Rubenstein JCC, Jewish Federation, and synagogue networks are natural connection points; (7) The foundation's phone number is 713-799-5732 and its physical address is 2330 Holmes Road, Houston, TX 77051; (8) Given the family governance (Keith, Scott, Jason Rubenstein as trustees), relationship-building through shared community involvement is the most viable pathway to future consideration.
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Smallest Grant
$10K
Median Grant
$25K
Average Grant
$382K
Largest Grant
$1.1M
Based on 3 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.
The Rubenstein Foundation's grantmaking has grown dramatically since its 2018 establishment: 1 grant (2019), 2 grants (2020), 3 grants (2021), 10 grants (2022), 18 grants (2023), 29 grants (2024), and 12 grants in the most recent filing (2025). Total giving in the most recent year was $387,767 across 12 grants, with prior-year giving reaching $609,026 across 29 grants. The typical award range spans $1,000 to $606,589, though recent grants cluster between $5,000 and $150,000. In 2024, the grant p.
Rubenstein Foundation has distributed a total of $5.3M across 49 grants. The median grant size is $13K, with an average of $119K. Individual grants have ranged from $1K to $1.8M.
The Rubenstein Foundation is a Houston-based family foundation established in 2018, governed by the Rubenstein family — Keith, Scott, and Jason Rubenstein serve as trustees. Located at 2330 Holmes Road, Houston, TX 77051, the foundation manages $16M in assets and has rapidly scaled its grantmaking from a single grant in its first year (2019) to 29 grants by 2024. The foundation's giving reveals two dominant themes: (1) strong support for the Bellaire/Southwest Houston community, particularly thr.
Rubenstein Foundation is headquartered in HOUSTON, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keith Rubenstein | Trustee | $0 | $0 | N/A |
| Scott Rubenstein | Trustee | $0 | $0 | N/A |
| Jason Rubenstein | Trustee | $0 | $0 | N/A |
| Rusty Rubenstein | Trustee | $0 | $0 | N/A |
| Carolyn Rubenstein | Trustee | $0 | $0 | N/A |
| Jeri Lyn Sebert | Trustee | $0 | $0 | N/A |
Total Giving
$616K
Total Assets
$16M
Fair Market Value
$21.5M
Net Worth
$16M
Grants Paid
$609K
Contributions
N/A
Net Investment Income
$383K
Distribution Amount
$945K
Total: $13.2M
Total Grants
49
Total Giving
$5.3M
Average Grant
$119K
Median Grant
$13K
Unique Recipients
21
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Evelyn'S Park ConservancyDonation | Bellaire, TX | $607K | 2023 |
| Md Anderson Cancer CenterDonation | Houston, TX | $250K | 2023 |
| Bellaire Police And Fire FoundationDonation | Houston, TX | $105K | 2023 |
| Texas Children'S HospitalDonation | Houston, TX | $25K | 2023 |
| Ut Health HoustonDonation | Houston, TX | $25K | 2023 |
| The Chai House Of DallasDonation | Dallas, TX | $23K | 2023 |
| The Emeryweiner SchoolDonation | Houston, TX | $13K | 2023 |
| Jfs DallasDonation | Dallas, TX | $13K | 2023 |
| The Jewish FederationDonation | Houston, TX | $10K | 2023 |
| Jfs HoustonDonation | Houston, TX | $10K | 2023 |
| The Fay SchoolDonation | Houston, TX | $8K | 2023 |
| OpheartDonation | Houston, TX | $3K | 2023 |
| Trees For HoustonDonation | Houston, TX | $3K | 2023 |
| The Briarwood SchoolDonation | Houston, TX | $3K | 2023 |
| Bellaire Police Officers AssociationDonation | Bellaire, TX | $2K | 2023 |
| The Jung CenterDonation | Houston, TX | $1K | 2023 |
| Assist The Officer FoundationDonation | Houston, TX | $1K | 2023 |
| Evelyn Rubenstein Jcc HoustonDonation | Houston, TX | — | 2023 |
| Houston Methodist Hospital FoundationDonation | Houston, TX | $125K | 2022 |
| Houston Police FoundationDonation | Houston, TX | $27K | 2022 |
| Triple D AcademyDonation | Houston, TX | $3K | 2022 |