Total program Funding PAID:
$74.5 million to more than 200 organizations
(includes commitments made in prior years)
2018 new funding approved by Type of Support
|Type of Funding||Value of Funding (USD in Millions)|
|General Operating Support Grants*||$13.86|
|Project Support Grants*||$48.15|
|Capital Improvement Grants||$12.50|
*includes unrestricted funding.
Fair Market Value of Assets
We maintain a long-term view with respect to Houston Endowment’s investments. Our investment objective is to achieve returns that allow us to maintain a stable pattern of program funding each year while continuing to grow the real value of the endowment.
Fair Market Value of Assets at Year EnD
|Year||Fair Market Value of Assets at Year End (USD in Billions)|
Houston Endowment determines our yearly charitable spending budget using a formula based on five percent of a three-year rolling average of the endowment’s market value. The spending policy is designed to provide a relatively stable pattern of spending, despite short-term market fluctuations, and to preserve the inflation-adjusted value of the endowment in perpetuity.
program funding Paid
|Year||Program Funding Paid (USD in Millions)|