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Saunders Foundation EIN 76-0574880

Saunders Foundation

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A private foundation based in Houston, TX. It reported about $461K in revenue for 2024. For fiscal year 2024 it reported $461K in revenue, $394K in expenses, and $8.0M in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Houston, TX
Filings
5 on file (2020–2024)
Revenue
$461KFY2024
Expenses
$394K
Net assets
$8.0M
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  76-0574880 Private foundation / grantmaker Houston, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
A private foundation based in Houston, TX. It reported about $461K in revenue for 2024.
Leadership
Fredric M Saunders · Director
Money in and out
$461K revenue, $394K expenses
Bottom line
—
Grants paid & assets · FY2024
Total revenue
$461K
Pt VIII · Ln 12
Total expenses
$394K
Pt IX · Ln 25
Net assets
$8.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $67K
Total assets
8.0M
deployed as grants and operations
Grants paid
363K
in FY2024
Grants made
22grants
total in period
Payout rate
5%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 22 grants · $363K · 2024–2024
Heritage EdTX · FY2024$241,000
Chi Omega FoudnatonFY2024$27,000
Christ the King ChurchFY2024$20,000
Prager UniversityFY2024$15,000
Young LifeCO · FY2024$10,000
Pine Cove INCTX · FY2024$10,000
Alzheimers Association Houston ChapFY2024$10,000
Hospice AustinTX · FY2024$8,500
Texas Childrens HospitalTX · FY2024$5,100
Cody Stephens Go Big or Go Home Memorial FoundationTX · FY2024$5,000
North Shore Rotary Foundation INCWI · FY2024$3,000
Womens Storybook Project of TexasTX · FY2024$2,833
Houston Alumnae Panhellenic FoundatFY2024$2,000
Lighthouse of HoustonFY2024$1,000
First Global Methodist ChurchFY2024$1,000
Colel ChabadNY · FY2024$1,000
Charm Prison MinistryFY2024$500
St Martin's Episcopal ChurchFY2024$100
See all 22 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV12
Average grantPart XV$17K
Median grantPart XV$3K
Largest grantPart XV$241K
Top cause focusNTEEReligion (14%)

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$461K
FY2024▼ -29%
Expenses
$394K
FY2024▲ +1%
Total assets
$8.0M
FY2024▲ +12%
Total liabilities
$0
FY2024
Total revenue
$461K
Pt VIII · Ln 12
Total expenses
$394K
Pt IX · Ln 25
Net assets
$8.0M
Pt X · Ln 32
Total assetsPt II$8.0M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSaunders Foundation
EINHdr · item D76-0574880
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFNov 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Saunders Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income100%$459K
Other revenue$2K
Total revenueLn 12$461K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.92 Operating & administrative $0.08
Grants & contributions paid92%$363K
Operating & administrative8%$31K
Total functional expensesLn 25$394K

Balance Sheet

Part X · end of year
CashLn 1$217K
Total assetsLn 16$8.0M
Total liabilitiesLn 26$0
Total net assetsLn 32$8.0M
Months of cash on handcomputed6.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $8.0M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $461K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $461K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $461K · Prior year $647K
-29%
Net-asset trend (YoY)
End of year $8.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $461K · Expenses $394K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $8.0M
—
Net-asset ratio
Net assets $8.0M · Total assets $8.0M
100%
People & payroll
Highest Reported Total Compensation
Individual Fredric M Saunders · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $394K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -29%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$461K revenue · viewing · ⤓ 990 PDF
FY2023$647K revenue · ⤓ 990 PDF
FY2022$581K revenue · ⤓ 990 PDF
FY2021$650K revenue · ⤓ 990 PDF
FY2020$10K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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