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The Credence Foundation is a private corporation based in BELLAIRE, TX. The foundation received its IRS ruling in 2010. The principal officer is Cynthia Ruder. It holds total assets of $936K. Annual income is reported at $470K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Texas. According to available records, The Credence Foundation has made 151 grants totaling $335K, with a median grant of $991. Annual giving has grown from $38K in 2020 to $67K in 2023. Grantmaking activity was highest in 2022 with $182K distributed across 64 grants. Individual grants have ranged from N/A to $38K, with an average award of $2K. The foundation has supported 64 unique organizations. The foundation primarily supports organizations in Texas, Florida, Oklahoma, which account for 91% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$993
Average Grant
$1K
Largest Grant
$6K
Based on 28 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 Credence Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 151 grants. Its grantmaking reaches organizations primarily in TX, FL, OK.
The Credence Foundation has distributed a total of $335K across 151 grants. The median grant size is $991, with an average of $2K. Individual grants have ranged from N/A to $38K.
The Credence Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Credence Foundation is headquartered in BELLAIRE, TX. While based in TX, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cynthia L Ruder | PRESIDENT | $0 | $0 | N/A |
| Terrence L Ruder | SECRETARY/TREASURER | $0 | $0 | N/A |
Total Giving
$74K
Total Assets
$1.1M
Fair Market Value
$1.3M
Net Worth
$1.1M
Grants Paid
$67K
Contributions
$1K
Net Investment Income
$117K
Distribution Amount
$55K
Total: $880K
Total Grants
151
Total Giving
$335K
Average Grant
$2K
Median Grant
$991
Unique Recipients
64
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cross Catholic OutreachPROVIDE FUNDS FOR HOUSING, FOOD, WATER, AND MEDICAL CARE FOR IMPOVERISHED FAMILIES. | Boca Raton, FL | $38K | 2023 |
| Alan Lopez-FernandezPAYMENTS FOR HOUSING, UTILITIES, FOOD AND CAR GAS | Houston, TX | $8K | 2023 |
| Marta BeltranPAYMENTS FOR HOUSING | Houston, TX | $3K | 2023 |
| Jennifer RiveraPAYMENTS FOR HOUSING, UTILITIES AND FOOD | Houston, TX | $3K | 2023 |
| Nazario ChacachPAYMENTS FOR HOUSING AND FOOD | Houston, TX | $2K | 2023 |
| Cornelius FaulknerPAYMENTS FOR HOUSING | Houston, TX | $2K | 2023 |
| Adrienne PhillipsPAYMENT FOR HOUSING | Houston, TX | $1K | 2023 |
| Catherine'S House IncPROVIDE FUNDS FOR TRANSITIONAL HOUSING FOR HOMELESS WOMEN AND CHILDREN | Belmont, NC | $1K | 2023 |
| Moving Waters IncPROVIDE FUNDS TO IMPROVE THE QUALITY OF LIFE FOR HOMELESS PEOPLE BY PROVIDING SHOWERS, VIA A MOBILE SHOWER SERVICE, HYGIENE PRODUCTS, & ESSENTIAL CLOTHING | Cypress, TX | $1K | 2023 |
| Missionaries Of CharityPROVIDE FUNDS TO HOUSE AND CARE FOR THE WELEFARE OF DESTITUTE PEOPLE, THE HELPLESS POOR, NEGLECTED CHILDREN, AND THE ABANDONED SICK | Imperial Beach, CA | $1K | 2023 |
| Catholic Relief ServicesPROVIDE FUNDS TO SUPPORT SERVICES PROVIDED TO IMPOVERISHED AND DISADVANTAGED PEOPLE STARVING IN SOMALIA AND KENYA. | Baltimore, MD | $1K | 2023 |
| Cynthia RomeroPAYMENT FOR HOUSING | Houston, TX | $991 | 2023 |
| Maria FloresPAYMENT FOR HOUSING | Houston, TX | $799 | 2023 |
| Kelsha NoelPAYMENT FOR HOUSING | Houston, TX | $798 | 2023 |
| Omar AhmadiPAYMENTS FOR HOUSING, FOOD AND BABY SUPPLIES | Houston, TX | $769 | 2023 |
| Ilhamudin KhadimzaiPAYMENT FOR HOUSING | Houston, TX | $675 | 2023 |
| Tamera KingPAYMENTS FOR CAR REPAIR AND TOWING | Houston, TX | $670 | 2023 |
| Carolyn DavisPAYMENT FOR HOUSING | Houston, TX | $384 | 2023 |
| Sulema VasquezPAYMENTS FOR CLOTHING FOR FAMILY | Houston, TX | $323 | 2023 |
| Indigent Person HomelessPAYMENT FOR GAS | Houston, TX | N/A | 2023 |
| Reza RassoliPAYMENTS FOR HOUSING, CAR GAS, BEDS, BEDDING AND MATTRESS, BEDROOM DRESSERS, APPLIANCES, HOUSEHOLD ITEMS, BABY DIAPERS | Richmond, TX | $6K | 2022 |
| Jeanine DeerePAYMENTS FOR HOUSING | Houston, TX | $3K | 2022 |
| Indigent Family HomelessPAYMENTS FOR TEMPORARY HOUSING AND CAR PAYMENT | Houston, TX | $3K | 2022 |
| Rony ValenzuelaPAYMENTS FOR CLOTHING AND HOUSING | Houston, TX | $2K | 2022 |
| Simon RubiPAYMENTS FOR UTILITIES, CAR GAS AND HOUSING | Houston, TX | $1K | 2022 |
| Gospel Of Life AssociationPROVIDE FUNDS TO HOUSE AND CARE FOR POOR ELDERLY AND TERMINALLY ILL ADULTS | Moore, OK | $1K | 2022 |
| Catholic CharitiesPROVIDE FUNDS TO SUPPORT SERVICES PROVIDED TO THE POOR AND NEEDY | Houston, TX | $1K | 2022 |
| Dalit SolidarityPROVIDE FUNDS TO ASSIST IMPOVERISHED AND DISADVANTAGED CHILDREN AND FAMILIES BY PROVIDING FOOD, HOUSING, HEALTHCARE AND EDUCATION | San Diego, CA | $1K | 2022 |