A Private Foundation located in The Woodlands, TX



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

T

2023 Tax Year

About this Private Foundation: 472536

This private foundation, located in The Woodlands, provides grants for various charitable purposes, focusing on philanthropy, voluntarism, and grantmaking. It engages in activities that promote clean energy initiatives in Texas, enhance governance of subsurface energy development, and address sustainability challenges. The foundation supports projects aimed at improving energy efficiency and reducing environmental impacts from shale gas development. By funding strategic efforts related to clean energy and sustainable practices, the foundation works to ensure a balance between energy demands and environmental stewardship, ultimately contributing to a healthier and more sustainable future.

Foundation Profile

In the tax year 2024, a prominent private foundation based in The Woodlands has demonstrated a strong commitment to philanthropy and sustainability, with total assets amounting to $392.3 million and a distribution of $18.3 million in grants. This foundation focuses on addressing pressing environmental issues while promoting voluntarism and grantmaking initiatives that benefit communities across Texas. The foundation's mission centers around fostering innovative solutions to sustainability challenges, particularly in the realm of clean energy. It prioritizes funding projects that enhance distributed energy resources, catalyze community-scale energy initiatives, and reduce industrial emissions. By supporting strategic efforts to meet Texas's growing energy demands with clean and water-efficient sources, the foundation plays a crucial role in the transition to a sustainable energy future. In addition to clean energy, the foundation is dedicated to improving the governance of subsurface energy development. It funds research and initiatives aimed at mitigating the environmental and community impacts associated with shale gas development. This includes examining the interplay between different governance levels and developing protocols to guide industry-community interactions. The foundation also supports efforts to modernize regulatory frameworks for oil and gas operations, ensuring they align with advancements in drilling technologies. Grant opportunities are available for organizations and projects that align with these focus areas, particularly those that address sustainability challenges and promote community engagement. Eligibility criteria typically include a demonstrated commitment to innovative solutions and a clear plan for community impact. With total expenditures of $8.2 million in the same tax year, the foundation continues to be a vital source of funding for initiatives that drive positive change. Its dedication to charitable giving and strategic grantmaking reflects a long-term vision for a sustainable future, making it an invaluable partner for organizations seeking to make a meaningful impact in their communities. Grant seekers are encouraged to explore funding opportunities that align with the foundation's mission and priorities to advance their projects and initiatives effectively.
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The Woodlands, TX

Summary

Assets

$392.2m

Distributions

$18.2m

Contributions

$8.2m

Grant Median

$

Count

0

Grant Max

$0
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Latest Tax e-Filing

2023

Published by IRS

2024

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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State

TX

City

The Woodlands

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Interest

Philanthropy, Voluntarism & Grantmaking Foundations

936 results

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Nonprofit Grant Provider in The Woodlands, TX with $392.2m in Assets