2015 Data

Total Grants Approved:
164 grants to 153 organizations

Total of Grants Approved:
$73,748,515
(some of which will be paid in future years)

2015 new grants approved by Type of Support

Interactive Chart

 

 

Type of Grant Number of Grants Value of Grants (USD Millions)
Capital 10 Grants $12.8
Operating Support 93 Grants $13.2
Project Support 61 Grants $47.8

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 grant spending each year while continuing to grow the real value of the endowment.

Fair Market Value of Assets at Year EnD

Interactive Chart

 

 

Year Fair Market Value of Assets at Year End
2011 $1.45B
2012 $1.54B
2013 $1.73B
2014 $1.76B
2015 $1.67B

Grant Spending

Houston Endowment determines our yearly grant 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 on grants, despite short-term markets fluctuations, and to preserve the inflation-adjusted value of the endowment in perpetuity.

Grants Paid

Interactive Chart

 

 

Year Grants Paid (USD in Millions)
2011 $77.15
2012 $78.72
2013 $64.48
2014 $85.83
2015 $62.67

Financial Statements

Houston Endowment engages independent auditors annually to audit our financial statements.

Audited Financial Statement 2015-2014