Overview
What is Greater Houston Community Foundation?
The Greater Houston Community Foundation, located in Houston, Texas, serves as a bridge between donors and community causes. With a mission to expand philanthropic impact, this nonprofit organization connects donors to their preferred causes, manages assets with diligent stewardship, and convenes resources to address pressing community needs. Through various funds like donor-advised, field of interest, designated, giving circles, scholarship, and others, the foundation makes grants to a diverse range of nonprofit organizations, providing essential services to their communities. Donors receive educational opportunities related to philanthropy and community needs, and a database of nonprofits is maintained for the benefit of the foundation's donors and the public. So far, the Greater Houston Community Foundation has granted funds to 757 organizations, making a significant difference in the community.
Official website here: www.ghcf.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
The Greater Houston Community Foundation has achieved a perfect score of 100%, reflecting strong accountability and financial health. This rating is primarily based on their impressive practices, such as having a fully independent board of 19 members, comprehensive financial oversight through an audit committee, and transparent reporting of their CEO's compensation.
The foundation maintains robust policies, including conflict of interest and whistleblower protections, which are clearly documented and accessible. With an outstanding program expense ratio of 97.30%, the majority of their funds are directed towards their mission rather than administrative costs, indicating effective use of resources. However, their fundraising efficiency ratio is notably low at $0.002, suggesting that the cost of fundraising may be high relative to the amount raised.
Overall, the Greater Houston Community Foundation demonstrates a strong commitment to transparency and responsible financial management. While their fundraising efficiency could be improved, the organization's solid governance practices and high program expense ratio showcase their dedication to serving the community effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Greater Houston Community Foundation?
92% of the 13 reviewers on Facebook recommend the Greater Houston Community Foundation. Overall, many supporters express trust in the foundation’s mission, although there are some concerns regarding the distribution of funds.
A notable critique highlights frustrations regarding the speed of assistance, particularly for residents in the Meyerland/Maplewood area who are still awaiting support to aid their rebuilding efforts. While the foundation is generally well-regarded, this specific feedback reflects a desire for more timely action and greater transparency about how donations are allocated.
In summary, while the majority of reviews endorse the foundation’s work, there is a significant call for improvement in communication and responsiveness to the needs of the community, especially for those directly impacted by recent challenges.
This AI summary has been generated from reviews found on Facebook.
Is Greater Houston Community Foundation legitimate?
Greater Houston Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Houston Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,958,969
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,847,373
For more financial information, click here
Official website here: www.ghcf.org
What is the mission statement of Greater Houston Community Foundation?
The Greater Houston Community Foundation (GHCF) is dedicated to expanding philanthropic impact by bridging donors with their preferred causes, managing assets effectively, and mobilizing resources to tackle crucial community issues. Through various funds like donor-advised, field-of-interest, and designated funds, GHCF makes grants to nonprofit organizations delivering essential services. Donors receive educational resources related to philanthropy and community needs, and GHCF maintains a database of nonprofits for the benefit of donors and the public. GHCF acts as a neutral platform to facilitate collaborative efforts, addressing specific community requirements.
Official website here: www.ghcf.org
Who is the CEO of Greater Houston Community Foundation?
Stephen D Maislin is the President & Ceo of Greater Houston Community Foundation. The CEO's salary of Greater Houston Community Foundation is $652,565 and their total compensation is $704,628.
Official website here: www.ghcf.org
What is the revenue of Greater Houston Community Foundation?
Greater Houston Community Foundation's revenue in 2022 was $234,189,550.
Official website here: www.ghcf.org
Who are the executives of Greater Houston Community Foundation and what are their salaries?
The average compensation at Greater Houston Community Foundation during 2022 was $107,525. There are 54 employees and 50 volunteers at Greater Houston Community Foundation.
Here are 33 key members and their salaries (Greater Houston Community Foundation's CEO's salary is $652,565 and their total compensation is $704,628):
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- Compensation: $172,448
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- Other: $22,600
- Compensation: $205,938
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- Other: $21,685
- Compensation: $164,662
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- Other: $46,133
- Compensation: $652,565
- Related: $0
- Other: $52,063
- Compensation: $167,850
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- Other: $24,788
- Compensation: $321,385
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- Other: $56,713
- Compensation: $113,115
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- Other: $11,717
- Compensation: $233,660
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- Other: $27,231
- Compensation: $217,289
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- Other: $44,974
- Compensation: $187,455
- Related: $0
- Other: $38,982
- Compensation: $152,630
- Related: $0
- Other: $23,087
- Compensation: $136,293
- Related: $0
- Other: $11,838
- Compensation: $133,877
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- Other: $17,311
- Compensation: $116,775
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- Other: $29,887
- Compensation: $117,173
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- Other: $17,694
- Compensation: $114,094
- Related: $0
- Other: $22,650
Official website here: www.ghcf.org
Where can I find the form 990 for Greater Houston Community Foundation?
Greater Houston Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ghcf.org
Learn more at the official website: www.ghcf.org
Mission Statement of Greater Houston Community Foundation
The Greater Houston Community Foundation, a leading philanthropic organization, is dedicated to expanding philanthropic impact by connecting donors to their preferred causes and providing excellent stewardship of assets entrusted to them. By facilitating grants to various nonprofit organizations, the Foundation supports a diverse range of community services.
Through donor-advised funds, field-of-interest funds, designated funds, giving circles, scholarship funds, and other funds established by individuals and corporations, the Greater Houston Community Foundation bridges the gap between donors and their philanthropic goals. Education on philanthropy and community needs is a priority, and donors are granted opportunities to learn and grow in their giving.
Maintaining an extensive database of nonprofits, the Foundation serves as a neutral platform for collaborative efforts to address pressing community needs. With a commitment to top-notch stewardship, the Greater Houston Community Foundation ensures that every dollar donated is put to effective use, ultimately making a positive difference in the lives of countless individuals. Connecting donors to their causes and fostering a thriving community of philanthropy, the Greater Houston Community Foundation continues to be a vital resource for those seeking to make a difference in the world.
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Impact
October, 2024
The Greater Houston Community Foundation (GHCF) significantly impacts the Houston area by connecting donors with causes they care about, enhancing philanthropic efforts across the region. By providing excellent stewardship of entrusted assets, GHCF facilitates tailored giving through various funds, including donor-advised funds, scholarships, and designated funds.
In its commitment to serving the community, GHCF has disbursed 757 grants to various organizations and projects, directly addressing crucial public needs. This proactive approach not only meets immediate community demands but also fosters collaboration among different stakeholders to tackle larger issues more effectively.
By offering educational opportunities related to philanthropy and maintaining a comprehensive database of funders and community services, GHCF empowers both donors and residents to engage meaningfully in addressing critical challenges. The foundation serves as a neutral platform that encourages cooperative efforts, driving collective impact toward a more vibrant and resilient Houston community.
This information is meant to be a general summary of Greater Houston Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $28,209,494
- Program Service Revenue: $1,607,195
- Gross Receipts: $580,520,147
Assets and Liabilities:
- Total Assets: $929,635,511
- Total Liabilities: $45,164,086
- Net Assets: $884,471,425
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE
Revenue
$1,322,156
ADMINISTRATIVE FEE
Revenue
$285,039
Organization Details
Founding Year
1971
Phone
(713) 333-2200Principal Officer
Stephen D Maislin
Main Address
515 POST OAK BLVD 1000, HOUSTON, TX, 77027
Website
www.ghcf.orgNTEE Category
Code: T31 - Philanthropy
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