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Filing year 2024

The Glassell Family Foundation Inc

Houston, Texas·EIN 76-0295076·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$5.5M
Total assets
$36.7M
Total expenses
$4.7M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas.

President
Board President
Above 90th percentile
$240k
$250k
Secretary
Board Secretary
10th to 25th percentile
$4k
$4k
Vice-president
Board President
10th to 25th percentile
$4k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at The Glassell Family Foundation Inc equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
5%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$4.1M

Itemized grants

22

Median grant

$55k

RecipientLocationPurposeAmount
UNIVERSITY OF MIAMI - ROSENSTIEL SCHOOLMIAMI, FLGENERAL PURPOSE$1.3M
University of Texas Health Science CenterHouston, TXgeneral purpose$600k
Houston Museum of Natural ScienceHOUSTON, TXgeneral purpose$513k
HOUSTON MUSEUM OF FINE ARTShouston, TXgeneral purpose$500k
Memorial Hermann FoundationHouston, TXgeneral purpose$250k
CAMP FOR ALLHouston, TXgeneral purpose$250k
BENEATH THE WAVES INCBOSTON, MAgeneral purpose$212k
WORLD WILDLIFE FUNDCHICAGO, ILgeneral purpose$100k
CAMP CHO-YENLIVINGSTON, TXgeneral purpose$100k
YES PREP PUBLIC SCHOOLSHOUSTON, TXgeneral purpose$100k
MISSION LAZARUSNASHVILLE, TNgeneral purpose$61k
THE JOY SCHOOLHOUSTON, TXGENERAL PURPOSE$50k
AMAZING PLACEHouston, TXgeneral purpose$25k
CHRISTIAN COMMUNITY SERVICESNAVASOTA, TXgeneral purpose$10k
The Pasadena ISD Educational FoundationPasadena, TXgeneral purpose$8k
GALVESTON COUNTY FOOD BANKTEXAS CITY, TXgeneral purpose$5k
HOUSTON FOOD BANKHOUSTON, TXgeneral purpose$5k
UNDUE MEDICAL DEBTBOSTON, MAgeneral purpose$5k
CAMP ARANZAZUROCKPORT, TXgeneral purpose$5k
SOUTH AVENUE BAPTIST CHURCHPASADENA, TXGENERAL PURPOSE$5k
FRANCISCAN FRIARS OF HEBBRONVILLEHEBBRONVILLE, TXGENERAL PURPOSE$1k
miscellaneous-pass throughNA, TXgeneral purpose$287
Compare this foundation's grantees

Up 14%
from 2023

From $210k in 2023 to $240k in 2024.

$210k
2023
$240k
2024
In today's dollarsEst.
Up 12% in real terms$224k to $250k

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 14% from 2023 to 2024, while revenue rose 271%.

$210k in 2023 to $240k in 2024.
  • Board Secretary pay rose 17% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about The Glassell Family Foundation Inc

What does the Board President of The Glassell Family Foundation Inc earn?

In 2024, the Board President of The Glassell Family Foundation Inc received $240,000 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at The Glassell Family Foundation Inc compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2024 pay of the Board President at The Glassell Family Foundation Inc falls in the top 10%. In 2024, the highest total compensation at The Glassell Family Foundation Inc equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are The Glassell Family Foundation Inc's revenue and expenses?

In 2024, The Glassell Family Foundation Inc reported $5.5M in total revenue and $4.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.