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Houston House Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760314047 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Houston House Foundation?

The Houston House Foundation is a nonprofit organization, primarily committed to offering financial assistance and support to Ronald McDonald House of Houston, Inc. (RMH Houston). In 2022, they collaborated with RMH Houston management and board members to secure donations and pledges for an endowment for the RMH Houston Holcombe House's playground area and a family emergency financial needs fund. The former will be utilized for future playground maintenance and replacement needs, while the latter, named in honor of an RMH Houston founding member, Liz Kelley, aims to provide emergency financial aid to families. The fund's earnings are intended to grow annually, with a portion used to support families' emergency financial needs. The Houston House Foundation also contributed $500,000 for RMH Houston's general operating support in 2022 and provides philanthropic support to its fundraising activities.

Is Houston House Foundation legitimate?

Houston House Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston House 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Houston House Foundation?

The Houston House Foundation is primarily dedicated to providing long-term financial support to the Ronald McDonald House of Houston, Inc. (RMH Houston). This support extends to all programs and services offered by RMH Houston, including general operating funds and designated program support. In 2022, the foundation collaborated with RMH Houston's management and board members to secure donations and pledges for an endowment. The donor-designated playground fund will be used for future maintenance and replacement needs of the playground, while the Family Emergency Fund, established in honor of an RMH Houston founding member, Liz Kelley, aims to support families' emergency financial needs. A percentage of the fund's earnings each year will be used by RMH Houston to address these needs. The Houston House Foundation also made a significant contribution of $500,000 towards RMH Houston's general operating support in 2022. The foundation's trustees also provide philanthropic support to RMH Houston's fundraising activities.

Who is the CEO of Houston House Foundation?

Tony Visage is the Trustee of Houston House Foundation.

What is the revenue of Houston House Foundation?

Houston House Foundation's revenue in 2022 was $761,190.

Who are the executives of Houston House Foundation and what are their salaries?


Here are 5 key members and their salaries:


Paul D Grossbard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Visage (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah S Gibson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David E Hicks (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Lane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Houston House Foundation?

Houston House Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Houston House Foundation

The Houston House Foundation, an organization dedicated to providing financial assistance, aims to offer long-term financial support to the Ronald McDonald House of Houston, Inc. (RMH Houston). This support extends to all programs and services offered by RMH Houston, taking the form of both unrestricted general operating support and designated program support. In 2022, the Houston House Foundation worked closely with RMH Houston's management and board members to secure donations and pledges for an endowment. This endowment will support the maintenance and replacement needs of the RMH Houston Holcombe House's playground area. Additionally, a Family Emergency Fund was established in honor and memory of an RMH Houston founding member, Liz Kelley. This fund is intended to grow, with a portion of the earnings each year being used by RMH Houston to support families' emergency financial needs. The Houston House Foundation made a significant contribution of $500,000 to RMH Houston for general operating support in 2022, and its trustees also provide direct and indirect philanthropic support to RMH Houston's fundraising activities.

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Impact




October, 2024

The Houston House Foundation significantly enhances the mission of Ronald McDonald House of Houston (RMH Houston) by providing essential financial support that directly benefits families in need. In 2022, it contributed $500,000 for general operating support, ensuring that RMH Houston can continue to offer essential programs and services to families facing health crises.

One notable impact is the establishment of the family emergency financial needs fund, created in honor of a founding member, Liz Kelley. This fund aims to support families dealing with unexpected financial hardships, offering peace of mind during difficult times. Additionally, the foundation has secured donations for the maintenance and future needs of the Holcombe House's playground area, ensuring a safe and joyful space for children to play and find relief from medical challenges.

Through its initiatives, the Houston House Foundation not only addresses immediate needs but also fosters long-term sustainability for programs designed to support families during some of their most challenging moments. Its role is vital in enabling RMH Houston to achieve its mission of keeping families close to their hospitalized children.




This information is meant to be a general summary of Houston House 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.

Revenue
$761,190 (2022)
Expenses
$612,503 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $604,864
  • Gross Receipts: $761,190

Assets and Liabilities:

  • Total Assets: $21,393,069
  • Total Liabilities: $0
  • Net Assets: $21,393,069

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Organization Details

Founding Year

1989

Principal Officer

Tony Visage

Main Address

1907 HOLCOMBE BLVD, HOUSTON, TX, 77030

NTEE Category

Code: E24I - Health

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