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Filing year 2024

CENTERPOINT ENERGY FOUNDATION INC

Houston, Texas·EIN 35-1950691·NTEE T22Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$14M
Total assets
$61.7M
Total expenses
$26.2M
Reported officers
7

Reported officers (all unpaid)

No paid executives reported in 2024. CENTERPOINT ENERGY FOUNDATION INC reported 7 unpaid officers and board members on its 990-PF.

President
Assistant Treasurer
Treasurer
Secretary
Director
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$24.3M

Itemized grants

577

Median grant

$16k

RecipientLocationPurposeAmount
LOFTIN EQUIPMENT COMPANYPHOENIX, AZGENERAL DONATION$3.4M
UNITED WAY OF GREATER HOUSTONHOUSTON, TXGENERAL DONATION$2.1M
TEXAS CHILDREN'S HOSPITALHOUSTON, TXGENERAL DONATION$775k
AMERICAN ONLINE GIVING FOUNDATION INCNEWARK, DEGENERAL DONATION$596k
MINNESOTA ASSISTANCE COUNCIL FOR VETERANSSAINT PAUL, MNGENERAL DONATION$500k
COMMUNITY FOUNDATION ALLIANCEEVANSVILLE, INGENERAL DONATION$325k
SALVATION ARMY OF GREATER HOUSTONHOUSTON, TXGENERAL DONATION$300k
JUNIOR ACHIEVEMENT OF SOUTHWESTERN INEVANSVILLE, INGENERAL DONATION$283k
SBPNEW ORLEANS, LAGENERAL DONATION$250k
CHILDRENS MUSEUM INCHOUSTON, TXGENERAL DONATION$202k
WESSELMAN WOODS NATURE PRESERVEEVANSVILLE, INGENERAL DONATION$201k
HOUSTON HABITAT FOR HUMANITY INCHOUSTON, TXGENERAL DONATION$200k
MISSION FIRST INCNEWBURGH, INGENERAL DONATION$200k
TREES FOR HOUSTONHOUSTON, TXGENERAL DONATION$200k
UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INCEVANSVILLE, INGENERAL DONATION$200k
UNIVERSITY OF HOUSTON FOUNDATIONHOUSTON, TXGENERAL DONATION$165k
TOMBALL LEGACY FUNDTOMBALL, TXGENERAL DONATION$160k
REBUILDING TOGETHER HOUSTONHOUSTON, TXGENERAL DONATION$152k
HOUSTON FOOD BANKHOUSTON, TXGENERAL DONATION$150k
LOCAL INITIATIVES SUPPORT CORPORATIONNEW YORK, TXGENERAL DONATION$150k
PRECINCT4FORWARDTOMBALL, TXGENERAL DONATION$150k
REBUILDING TOGETHER DAYTON INCDAYTON, OHGENERAL DONATION$150k
THE BROOKWOOD COMMUNITYBROOKSHIRE, TXGENERAL DONATION$150k
UNIVERSITY OF TEXAS FOUNDATIONAUSTIN, TXGENERAL DONATION$150k
VISION GALVESTON INCGALVESTON, TXGENERAL DONATION$150k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

CENTERPOINT ENERGY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$34.1M
$18.1M
2023
$14M
$26.2M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Texas

CENTERPOINT ENERGY FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Texas earns a median of $14,224.

25th percentile
$5k
Median
$14,224
75th percentile
$43k
90th percentile
$112k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,499 organizations across 4,499 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Texas
FAQ

Common questions about CENTERPOINT ENERGY FOUNDATION INC

What are CENTERPOINT ENERGY FOUNDATION INC's revenue and expenses?

In 2024, CENTERPOINT ENERGY FOUNDATION INC reported $14M in total revenue and $26.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.