Overview
What is Houston Arts Combined Endowment Foundation?
The Houston Arts Combined Endowment Foundation is a charitable organization, situated in Houston, Texas. Its primary focus is to accept, manage, and distribute endowment funds. These funds are primarily sourced from gifts, contributions, bequests, devises, and grants, intended for four specific organizations. The foundation's role extends beyond financial management, as it also invests these funds to ensure their growth and continuity. The Foundation's mission is to contribute to the literary and educational sectors through its charitable activities.
Is Houston Arts Combined Endowment Foundation legitimate?
Houston Arts Combined Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Arts Combined Endowment 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
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What is the mission statement of Houston Arts Combined Endowment Foundation?
The Houston Arts Combined Endowment Foundation's mission is primarily focused on charitable and educational pursuits. It accepts and receives endowment funds in the form of gifts, contributions, bequests, devises, and grants. The foundation then manages and invests these funds, with the intent of making distributions to four specific organizations. This mission reflects its commitment to supporting charitable literary and educational causes.
Who is the CEO of Houston Arts Combined Endowment Foundation?
Unavailable
What is the revenue of Houston Arts Combined Endowment Foundation?
Houston Arts Combined Endowment Foundation's revenue in 2023 was $692,162.
Who are the executives of Houston Arts Combined Endowment Foundation and what are their salaries?
Here are 8 key members and their salaries:
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- Related: $675,902
- Other: $47,708
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- Related: $485,000
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- Related: $471,656
- Other: $45,224
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Where can I find the form 990 for Houston Arts Combined Endowment Foundation?
Houston Arts Combined Endowment Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Houston Arts Combined Endowment Foundation
The Houston Arts Combined Endowment Foundation is a charitable organization with a primary focus on literary and educational pursuits. Its mission is to collect and manage endowment funds through gifts, contributions, bequests, devises, and grants. The corporation's primary role is to invest these funds and make distributions to four specific organizations, contributing to their development and growth. By undertaking this endeavor, the Houston Arts Combined Endowment Foundation plays an essential role in supporting these organizations and fostering the advancement of charitable, literary, and educational initiatives.
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Impact
October, 2024
The Houston Arts Combined Endowment Foundation significantly enhances the cultural landscape of Houston by providing essential financial support to local arts organizations. Its primary focus is on the acceptance and management of endowment funds, which are sourced from various contributions such as gifts, bequests, and grants. By investing these funds wisely, the foundation ensures a steady stream of financial assistance to the designated organizations, thereby fostering artistic growth and sustainability.
Through its commitment to charitable, literary, and educational purposes, the foundation plays a crucial role in enriching the community by improving access to the arts. This not only benefits the individual organizations but also strengthens the overall cultural fabric of the city, encouraging creativity and engagement among its residents. The foundation’s efforts help to secure a brighter future for the arts in Houston, promoting a vibrant and diverse cultural scene that enhances the quality of life for all citizens.
This information is meant to be a general summary of Houston Arts Combined Endowment 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 2023.
- Investment Income: $15,000
- Gross Receipts: $692,162
Assets and Liabilities:
- Total Assets: $1,095,764
- Total Liabilities: $0
- Net Assets: $1,095,764
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Organization Details
Founding Year
1992
Phone
(713) 639-7335Main Address
PO BOX 6826, HOUSTON, TX, 772656826
NTEE Category
Code: A11 - Arts
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