2023 Annual Report: Generosity in Motion

2023 Annual Report

GENEROSITY

in Motion

A Message to our Community

DEAR COMMUNITY MEMBERS, — Greater Houston Community Foundation (Foundation) has made incredible strides in 2023. Between January 1 and December 31 of 2023, over $224.35 million in grants was distributed throughout the greater Houston area and beyond. Thanks to the unwavering support of our donors, clients, and philanthropic partners, we continue to see so much Generosity in Motion, igniting meaningful and positive change with our donors for our community.

As Houston has grown and the needs of our community have changed, the Foundation has evolved. We believe that innovative solutions catalyzed by philanthropy are how we can best address Houston’s challenges. With this in mind, we launched the Community Impact Fund in 2023, demonstrating the Foundation’s commitment to expanding our collective reach in Houston.

This innovative initiative will expand the Foundation’s impact through its three pillars: Understanding Houston, Greater Houston Disaster Alliance, and HighImpact Grantmaking. In our continuous collaboration with donors, we believe collective action is a crucial driver for meaningful and sustainable change.

In 2023, we not only broadened our collective reach but also proudly earned the title of the largest nonprofit in Houston by the Houston Business Journal. We could not have achieved this without the

leadership of our Governing Board and the continued generosity of our donors, clients, and partners. We are committed to continuing to grow and innovate with and for Houston.

We are proud to be your philanthropic partner. Your trust in us is a responsibility we hold in the highest regard. Every decision we make, and every initiative we undertake is rooted in ensuring that your contributions are directed as intended, creating meaningful and lasting change in our community. Together, we are building momentum to shape a future filled with promise and possibility.

Sincerely,

Chris Weekley Governing Board Chair

Stephen D. Maislin President & CEO

www.ghcf.org

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By the Numbers CELEBRATING HOUSTON-BASED GRANT RECIPIENTS $1,500,000+

$500,000 – $999,999

Hope Media Group

Camp For All Foundation

Methodist Hospital Foundation

Combined Arms

Tejano Center for Community Concerns, Inc.

Covenant House Texas

The University of Texas MD Anderson Cancer Center

Fifth Ward Community Redevelopment

The Kinkaid School, Inc.

Houston’s Amazing Place, Inc.

United Way of Greater Houston

Houston Business Development, Inc. Houston Center for Contemporary Craft

$1,000,000 – $1,499,999

Houston Grand Opera Association, Inc. Houston Livestock Show & Rodeo, Inc.

Memorial Assistance Ministries

Houston PetSet

The Museum of Fine Arts, Houston

Jewish Federation of Greater Houston

The Pine Lodge Foundation

K-9 Angels Rescue, Inc.

YMCA of the Greater Houston Area

New Hope Housing, Inc. William Marsh Rice University SPARK Star of Hope Mission Texas Children’s Hospital The Houston Parks Board Thrive with Autism

GRANTS BY PROGRAM AREA

Religio ($18.80M Re

Public Benefit Public($57.70M) Benefit

25.73%

Human Services ($44.80M)

19.97%

Environment ($14.66M

Human Services ($44.80M)

19.97%

Environ ($14

Educational ($44.45M)

19.81%

Ar ($12.50M

Educational ($44.45M)

19.81%

($57.70M)

25.73%

($18

TOTAL GRANTS

$224,350,933

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2023 Annual Report

($12

ASSETS, GIFTS, AND GRANTS FINANCIAL PROJECTIONS AS OF JANUARY 15, 2024

1500

Total Assets

$1,354,395,518

1,359

Total Gross Gifts

1,354 1,243

$212,042,202

MILLION $

1200

Total Gross Grants

$224,350,933

882

900

600

554

Public Benefit ($57.70M)

561

641

707

779 634 571

Religion

Religion ($18.80M)

8.38% 25.73% Public Benefit ($18.80M)25.73% ($57.70M)

298 301

300 188 93

Human Services 0 ($44.80M)

8.38%

132

112

159

172 171 106

210 121

188

196 132

163

212 224

174

Environmental

6.53% Environmental 19.97%Human Services 19.97% ($14.66M) ($14.66M)

2 014

2 015

2($44.80M) 016 2 017

2 018

2 019

2020

2 0 21

6.53%

2022

2023

Educational Public Benefit ($44.45M) ($57.70M)

19.81% 25.73%

Arts Religion Educational 5.57% 8.38% ($12.50M)19.81% ($18.80M) ($44.45M)

Arts ($12.50M)

5.57%

Health Human Services ($22.78M) ($44.80M)

10.15% 19.97%

Other Environmental Health 3.86% 6.53% ($8.66M) 10.15% ($14.66M) ($22.78M)

Other ($8.66M)

3.86%

Educational

19.81%

Arts ($12.50M)

www.ghcf.org

5.57%

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2023 Highlights

Over $4.5 million was awarded to over 800 students

Ranked as the largest Houston-area nonprofit by Houston Business Journal.

for the 2023-24 academic year. Over the last five years, we have increased the total number of scholarship funds by 50%!

Thank you to our Scholarship Fundholders for making this impact possible.

We could not have achieved this without the suppor t of our donors, clients, and par tners.

More than $3.4 million raised through our Community Impact Fund.

High-Impact Grantmaking will focus on Economic Mobility,

The Community Impact Fund will help us sustainably maintain and suppor t more strategic investments to make Houston a more vibrant region for all.

Read more on page 18.

thanks to the suppor t of our Governing Board and input from over 175 donors and community leaders.

Read more about this process on page 20.

2023 GOVERNING BOARD CHAIR Chris Weekley President David Weekley Homes IMMEDIATE PAST CHAIR Ron Hulme Chief Executive Officer Bluescape Energy Par tners

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2023 Annual Report

Gregory L. Ebel President & CEO Enbridge Inc.

Robert Harvey Retired President & CEO Greater Houston Par tnership

Kate Fowler Executive Director The Jerr y C. Dearing Family Foundation

Philip J. Hawk Retired Executive

Cullen Geiselman, Ph.D. Chair of the Board Cullen Trust for Health Care

Laura R. Jaramillo Executive Director LISC Houston

Launched the Greater Houston Disaster Alliance

Hosted nine Advancing Impact Donor Learning Programs featuring nearly 30 institutional partners

in par tnership with United Way of Greater Houston to help build a broader tent of par tners and solidify a hub of activity focused on disaster preparedness and resiliency year-round for our region.

to educate our clients and fundholders on ways to positively impact community issues.

Enhanced functionality of the Giving Guide of Houston Black-Led Organizations, an online resource created to share information and raise awareness in the philanthropic community about how you can suppor t Black-led organizations. Visit ghcfgivingguide.org to learn more, or submit a nonprofit to be included on this list!

Corporate Donor Advised Fundholders granted over $20.6 million to nonprofit organizations.

This generosity was made possible through Corporate Donor Advised Funds or Corporate Sponsored Employee Giving Programs. Over the last five years, the Foundation has par tnered with Houston’s top businesses to grant over $112.9 million to nonprofit organizations.

Douglas C. Kelly President Hilcorp Ventures, Inc.

Caren Sweetland Attorney Community Leader

Nancy D. McGregor Community Leader Retired Attorney

Tym Tombar Managing Director Arcadius Capital Par tners

NEXT GEN REPRESENTATIVE Brad Morgan Co-Founder & President Platform Par tners LLC

Celestine Vettical Managing Par tner & Co-Founder Celestial Holdings, LP

Kim A. Ruth Managing Director Apex Par tners LLC

Randa Weiner Community Leader

NEXT GEN REPRESENTATIVE Richard Wilkens Founder & Manager Wilkens Group, PLLC Enoch Woodhouse Chief Executive Officer Smith Family Circle Thomas M. Wright Retired Par tner RSM US, LLP

www.ghcf.org

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Elevating Philanthropy: OUR NEW DONOR PROGRAMMING — As part of our partnership with clients and fundholders to improve the lives of Houstonians through strategic philanthropy, in 2023, we launched a new series of programs called Advancing Impact Donor Learning Breakfasts.

These programs feature speakers that educate fundholders and clients on ways to create a positive impact on community issues. In addition to hearing from topical experts, attendees have time to network with each other and build peer connections with other funders. Thank you to everyone who was able to join us!

Advancing Impac t Donor Learning Breakfast with a panel of institutional exper ts.

Winnie Simmons Phillips, Charlene Sadberr y Tombar.

Manu Gupta, Avani Gupta Narang, Lacey Fluor Goossen.

At tendees learning about communit y issues.

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2023 Annual Report

ADVANCING IMPACT BLACK IMPACT HOUSTON Brandi T. Brown, HYPE Freedom School, Inc. Kelli King-Jackson Kelli King-Jackson LLC

COMMUNITY IMPACT FUND ISSUE AREA Kate Fowler* The Jerr y C. Dearing Family Foundation Dr. Cullen K. Geiselman* Cullen Trust for Health Care Lharissa Jacobs Fit Houston Tym Tombar* Arcadius Capital Par tners Elena White Connective Diana Zarzuelo Greater Houston Community Foundationn

MULTIGENERATIONAL GIVING Lacey Fluor Goossen Texas Crude Energy, LLC Manu Gupta, MD Indus Management Group

BEYOND GRANTS: IMPACT INVESTING & LOANS Meredith Lorenz Heimburger Global Endowment Management Nadia Valliani Greater Houston Community Foundation

LAND & WATER CONSERVATION IN TEXAS Dr. Cullen K. Geiselman* Cullen Trust for Health Care Ayanna Jolivet Mccloud Bayou City Waterkeeper Elizabeth Love The Jacob & Terese Hershey Foundation Dr. Emily R. Warren Cynthia & George Mitchell Foundation

YOUTH MENTAL HEALTH Marcellina Melvin, MA, LPC The Hackett Center for Mental Health Meadows Mental Health Policy Institute Lawrence Thompson, Jr., Ph.D. Harris County Resources for Children & Adults

Avani Narang Indus Communities

CHARTER SCHOOLS: WHAT & WHY? Herman Stude The Brown Foundation, Inc. Dr. Ann Ziker The Brown Foundation, Inc.

HOUSING AFFORDABILITY Laura Chapman The Cullen Foundation Kathy Flanagan-Payton Fifth Ward Community Redevelopment Corporation Laura R. Jaramillo* LISC Houston Philip Morgan Morgan Group Nadia Valliani Greater Houston Community Foundation

THE IMPORTANCE OF EARLY CHILDHOOD DEVELOPMENT(AGES 0-5) Chelsea Cheung Greater Houston Community Foundation Linda Nunnery Texas PNC Bank Christy Serrano Episcopal Health Foundation Caren Sweetland* Attorney & Community Leader

*Greater Houston Community Foundation Governing Board Member.

www.ghcf.org

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Empowering Futures: THE COLLECTIVE IMPACT OF GRANTMAKING ON HOUSTON’S UNHOUSED YOUTH THE INITIATIVE: YOUTH HOMELESSNESS FUND —

Over the course of ten years, the Youth Homelessness Fund (YHF) has awarded over $536,000 in grants to nonprofit organizations that develop and implement strategic solutions to aid youth experiencing homelessness in Houston. Established in 2013, this small group of committed funders has focused on preventing youth from experiencing homelessness at a systems and community level. The YHF was a Field of Interest Fund facilitated by Greater Houston Community Foundation (Foundation) to help build a local network of funders committed to reducing homelessness through leadership, education, advocacy, and collaborative grantmaking.

We spoke with Nancy Frees Fountain from the Frees Foundation and one of the founding funders of YHF about how they started this collective group, and she shared, “This was such an impactful initiative and way of working together. Individual foundations have a hard time coordinating. Working together in this way, we could move the needle more. We focused on a time horizon that was beyond one year, and we continued to build upon successes with sequential steps toward effecting community and systems changes.”

GETTING STARTED —

A national group, Funders Together to End Homelessness, works to end and prevent homelessness. Through working together with this national group and the Foundation team, local Houston funders educated themselves and identified ways they could make an impact closer to home. This realization led to the establishment of the YHF, with the original name of Greater Houston Fund to End Homelessness, through the Foundation.

After researching more, this group recognized how the youth population facing homelessness was often overlooked or deprioritized. Federal funding and government agencies focused on chronic or veteran homelessness, but not enough data existed for these agencies to know how best to focus on youth facing homelessness. YHF funders quickly realized they wanted to focus on unhoused youth as they saw this as a population with significant needs with little data or metrics and therefore, little investment.

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2023 Annual Report

The YHF’s first focus was to help obtain more accurate data on youth experiencing homelessness. The number of youth who were ‘counted’ during the national homeless count annually was always lower than the reality in our community. The community needed answers to questions like ‘Where do youth facing homelessness go?’ or ‘What goes on at the school level when kids are identified as homeless?’ These types of critical questions were the catalyst in the YHF’s 2014 decision to award their first grant of $90,851 to the University of Houston Graduate College of Social Work to help administer the YouthCount 2.0, a survey of unhoused youth in the greater Houston area that helped

Homeless youth look really different than homeless adults – they blend in, want to be with their friends, and need more support and case management rather than housing. However, homeless youth are also the most vulnerable and at risk. It was evident early on that there was a need for more facilitation and collaboration at the community level, and this is where we knew that private philanthropy could come into play to make a huge difference.

– Nancy Frees Fountain Frees Foundation

gather tangible data and needs for system changes.

Findings from the survey confirmed that youth facing homelessness do not identify as homeless and will not utilize adult homeless service providers, and 41% of unhoused youth report involvement with the foster care system. These findings, and the new protocol for how to “count” youth developed by the University of Houston, were key to unlocking major changes and resources for youth experiencing homelessness in Houston. The grant had an outsized impact, something every philanthropist wishes to achieve.

FOUNDING FUNDERS Robert and Shirley Allen Enrico and Sandra Di Portanova Charitable Foundation Richard and Patti Everett Nancy Frees Fountain, Frees Foundation Funders Together to End Homelessness Rob Galtney Harold Hidalgo, Lewis & Joan Lowenstein Foundation

CREATING HOPE THROUGH LEGISLATIVE ACTION

Jim and Judy Holcomb

—

Linda O’Black, United Way of Greater Houston

Funding a data collection survey may not always be the most appealing opportunity for donors, particularly when considering the persistent issue of youth facing homelessness. While the donors in this group continued to fund direct services with other dollars, they concurrently collaborated closely with researchers, homeless youth agencies, and advocates to guarantee that this report would not sit on a shelf, gathering dust. Together, they forged partnerships to develop action plans aimed at initiating change through the utilization of this data.

Stan Marek Elaine Overton The Powell Foundation Simmons Foundation Bert Tabor, Tabor Family Fund Lindsey Wise Melissa and Ronnie Wise

In 2015, YouthCount 2.0 was completed and shared with the Texas Legislature a month before their session. This led to two significant laws being enacted at the state level by utilizing data obtained by YouthCount 2.0.

•

•

The first law, HB 843, aims to prevent homelessness of youth who age out of foster care. HB 843 incorporates a housing stability plan at the beginning of the transition planning process for youth aging out of foster care.

The second law, HB 679, increased the opportunities to serve unhoused youth. HB 679 established a state definition of unhoused youth that mirrors the federal definition: youth with their families, unaccompanied youth, and youth without stable housing (not “literally” homeless). HB 679 also helped expand who qualifies as a “homeless youth,” thereby increasing access to funding and resources for more youth.

Participants in reVision’s Homeless Youth Program interacting at their drop-in center.

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COMMITMENT TO SYSTEMIC CHANGE —

Over the next eight years, the same momentum continued. The YHF consistently relied on evidence-based research and data to make funding decisions, building on successful outcomes and emerging needs. The result of their grants over time was that the systems interacting with youth experiencing homelessness began to achieve better coordination, enhancing their collective understanding of the issues and potential solutions. Most importantly, they began to listen to and serve youth more effectively. Some of these systems included juvenile justice, community police departments, HISD, health, foster care, and child protective services.

They were finally working and communicating together to help prevent youth from becoming homeless and to keep more Houston youth safe and on a path to self-sufficiency, continuing education, workforce participation, and financial independence.

“Through targeted Youth Homelessness Fund (YHF) support, Houston reVision has forged vital connections and partnerships with institutions, such as the criminal justice system, school districts, and governmental organizations,” stated Charles Rotramel, Chief Executive Officer of Houston reVision. “In addition, we have earned trust with at-risk youth via traumainformed care and established a lifeline Drop-In Center for unstably housed youth that provides food, clothing, and other basic necessities. This aid has empowered Houston reVision to succeed in helping at-risk and homeless youth transition out of foster care and detention centers, seal or expunge records, and connect to housing and jobs. Houston reVision has catalyzed systemic change, helping youth vulnerable

to addiction, crime, sex trafficking, incarceration, unemployment, and suicide receive high-quality mentoring, case management, community support, and educational programming.”

ONGOING COLLABORATION & FUNDING STRATEGIES FOR LEVERAGED IMPACT —

On average, YHF awarded about $41,000 per year over ten years. To some, this may seem like a small amount of dollars, but because they were funding at a systems level, they were really able to make an outsized impact. So, how did this group of individuals work together to determine the criteria for grant selection and a funding strategy?

At the outset, the Foundation assisted the group in defining their goals and priorities. They collectively decided that instead of solely providing funding to organizations through this group and issuing numerous organizational grants, they would support new opportunities, collaborative efforts, solutions focused on systems change, and broad community initiatives.

Beyond the YHF, many donors continued to allocate general operating grants to the organizations they consistently supported. These grants were deliberately aimed at achieving collective impact and effecting systemic change.

“The Foundation was tremendously helpful. They would send our requests for proposals that stated the group’s [YHF] priorities, did a scoring chart so that each nonprofit was evaluated using the same metrics, and interacted with the nonprofits on our [YHF] behalf,” stated Nancy Frees Fountain with the Frees Foundation. “The scoring helped keep us all in

We are grateful for the support of the YHF, which has helped Houston reVision to make a real difference in the lives of at-risk and homeless youth.

– Charles Rotramel Chief Executive Officer Houston reVision 10

2023 Annual Report

alignment on where to invest. Also, the Foundation would host roundtables for our group and invite many of the primary players working with the youth homeless population in our region. We could hear what was really going on to help us determine what should drive our decision-making. These honest, facilitated conversations helped us to understand the needs

of people with boots on the ground, which, in turn, determined our next steps in funding.”

The Youth Homelessness Fund has catalyzed uniting nonprofit partners and maximizing resources to impact the sector that helps youth facing homelessness in Houston.

OVERVIEW OF IMPACT Youth Homelessness Fund was established in 2013.

Awarded the first significant gift of $90,851 to help fund YouthCount 2.0, a sur vey collecting data about our region’s unhoused youth.

Two new state laws were passed, utilizing data obtained

by YouthCount 2.0: Preventing Homelessness of Youth Who Age Out of Foster Care and Increasing the Oppor tunities to Ser ve Youth Experiencing Homelessness.

Suppor ted the Houston reVision Homeless Youth Collaborative, uniting Coalition for the Homeless, HAY Center, Houston Housing Authority, Salvation Army YARC, and Houston reVision to innovate solutions for unstably housed youth in Houston and Harris County.

Granted $101,265 to the Homeless Youth Network of Houston Harris County to suppor t the development of a Coordinated Community Action Plan to address and ultimately end youth experiencing homelessness in Houston.

Provided over $100,000 to Covenant House Texas over several years to hire personnel to help coordinate aid for unhoused youth between HAY Center, Kinder Emergency Shelter, and Covenant House Texas.

Provided suppor t to the University of Houston Graduate College of Social Work for researching vulnerabilities, ser vice needs, and housing outcomes among youth facing homelessness entering HUD Suppor tive Housing Programs.

Awarded $62,000 to help the Homeless Youth Network of Houston Harris County develop a continuum plan for housing and ser vices for our region’s youth and young adults experiencing homelessness.

In 2022, $100,000 was granted to Houston reVision for a new drop-in center, marking the final major gift from the fund.

www.ghcf.org

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Philanthropic Loans: AN INNOVATIVE FORCE FOR POSITIVE CHANGE — It was late November 2022 when Dr. Charlene Flash, MD, President and CEO of Avenue 360 Health and Wellness (Avenue 360), a Federally Qualified Health Center, faced a significant financial challenge related to Avenue 360.

They had undergone a change in their electronic medical record system that negatively impacted their ability to bill for some of their services. This was compounded by fully drawing the agency line of credit to float several housing service grants. They were left with several options – none pleasant – including the sale of a property, sunset of a decades-long program, layoffs, or additional credit at a high interest rate.

Avenue 360 provides critical, comprehensive health care services to Houston’s community members that are all too often underserved. Whether it’s pregnant moms, newborns, people living with HIV, or those struggling with depression, Avenue 360 provides in-clinic and virtual access to quality health care with compassion. With seven locations throughout Greater Houston, their clinics use a 360-degree approach to address medical needs and social and environmental challenges, like housing, faced by communities of color. Avenue 360 strongly believes that income should not determine the level of and access to healthcare, serving patients with and without insurance.

One day during this stressful season, Kenneth Bohan called Dr. Flash and immediately noticed she spoke to him with a heavy heart. After a brief discussion and niceties, Bohan cut straight to it, asking Dr. Flash what was weighing on her. Dr. Flash shared her difficult position with him, knowing he would have sage business advice as the former CEO and Founder of The Liberty Group and a longtime trusted supporter of Avenue 360.

After hearing about the situation that Avenue 360 was in, a nonprofit that Bohan fiercely supports, he asked her, “What if I give you a loan?” Dr. Flash was floored by his response and especially glad to have his vote of confidence in her and Avenue 360.

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2023 Annual Report

Dr. Charlene Flash, Kenneth Bohan.

To my knowledge, we had not experienced an offer like this as an agency. I had heard of board members supporting other nonprofits in this way but did not realize it was an option for us. It is a viable bridging solution for entities that operate on tight margins as the dollars go to service the mission.

– Dr. Charlene Flash President and CEO Avenue 360 Health and Wellness

HOW TO LOAN TO A PUBLIC CHARITY THROUGH THE FOUNDATION Loans are available to clients with Donor Advised Funds of $1 million or more.

The minimum loan amount is $100,000.

Avenue 360 staf f enjoying their first in-person gathering since COVID.

The Foundation and the fundholder will execute a Memorandum of Understanding detailing the terms and conditions of the loan.

The Foundation and the beneficiar y organizations will execute a Promissor y note.

Medical Assistants and Registered Nurses providing diabetes testing ser vice at a Harris Count y communit y ser vice event.

Depending on the circumstances, fees may be charged to the Donor Advised Fund.

www.ghcf.org

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The Foundation shared what they needed in terms of support and documents. It was submitted to Avenue 360. Everyone’s teams blessed it [the paperwork]. It was seamless and smooth, and the Foundation was very supportive throughout the process.

– Kenneth Bohan Foundation Fundholder Founder, The Liberty Group

Bohan immediately called Greater Houston Community Foundation (Foundation) to discuss the process for a loan to Avenue 360 from his Donor Advised Fund. Bohan worked with the Foundation to set up a multi-year loan to Avenue 360 with very reasonable interest.

As of January 2023, the loan was established through Bohan’s Donor Advised Fund at the Foundation. As Avenue 360 pays back the loan, the payments go back to Bohan’s Donor Advised Fund.

long-term flexibility. This loan allowed me to support a charity I believe in, and it serves a specific purpose.”

The Foundation is no stranger to working with fundholders to establish a loan to a public charity from a Donor Advised Fund. The Foundation is pleased to share that, to date, there have been no defaults on loans made through a Donor Advised Fund at Greater Houston Community Foundation.

Bohan and Dr. Flash are passionate about sharing their story of strategic philanthropy to inspire and create meaningful change with our donors and for our community. Bohan intentionally listened to Dr. Flash’s concerns and what Avenue 360 needed.

In turn, Bohan became a strategic, vital partner to Avenue 360, creating philanthropic impact in a very innovative way. Many nonprofits throughout Houston and beyond are unaware that receiving a multi-year loan from a Donor Advised Fund is an option.

“The advice and mentorship [from Bohan] is a powerful supplement to the dollars themselves and is of profound value. I believe the reward to be bidirectional and the legacy of service and support will provide robust impact,” stated Dr. Flash.

Conversely, many philanthropic Houstonians are unaware that they can engage in impact investing this way.

Bohan shared, “It can be a win-win situation. A win for the donor or a foundation and the charity or nonprofit. It also allows a certain degree of short- and

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2023 Annual Report

Avenue 360’s Midtown location.

Interested in learning more about other innovative giving strategies?

Contact Kevin Pickett Chief Advancement Officer

Avenue 360’s vision is that ever y individual in our community has access to comprehensive health care ser vices and a high-quality medical center to meet their healthcare needs. It achieves this through: Providing outreach to individuals to welcome them to seek health services at Avenue 360.

Working with other organizations to remove barriers to healthcare.

Gathering input from our patients and community members to improve health services.

Addressing identified health disparities in our community and developing strategies to reduce them.

Seeking additional resources to improve the health of individuals in our community.

Medical Care: Adult Medicine, Dental, Geriatric Care, HIV Specialty Care, Mental Health, Pediatrics, Substance Use Recovery Support, Pharmacy, Telehealth Services, Vaccinations, and Women’s Health.

Community Wellness: Health Education, Hospice Care (Omega House), and Housing.

Opening day at Avenue 360’s Midtown location.

www.ghcf.org

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Mustang Cat: COMMITTED TO A WORKPLACE CULTURE OF SERVANT LEADERSHIP

Mustang Cat employees volunteering at Cypress Assistance Ministries, Cypress.

CREATING A RECOGNIZABLE DIFFERENCE IN THE COMMUNITIES IN WHICH THEY SERVE — Mustang Cat is a privately held Caterpillar (Cat) Dealer headquartered in Houston, Texas, that has been at the forefront of construction and power systems equipment for over 70 years. However, they go beyond serving Houston and Southeast Texas with equipment and service solutions. Mustang Cat is committed to a workplace culture of servant leadership, enriching Greater Houston and Southeast Texas through continuous company involvement and charitable contributions in the communities where their employees and customers live and work.

While community outreach has always been a pillar of the Mustang Cat culture, they established the Mustang Cat Charitable Foundation with Greater Houston Community Foundation ten years ago, allowing them to develop a more focused and strategic approach to their company’s corporate giving program. The Mustang Cat Charitable Foundation has awarded over $3.8 million to various organizations throughout Texas.

“Greater Houston Community Foundation took us through a discernment process to help us prioritize what issues are important to our company and align 16

2023 Annual Report

with our culture,” stated Anna Keyes, Director of Community Outreach at Mustang Cat. “We landed on ‘basic human needs,’ meaning food, shelter, clothing, health, and security. In turn, the Mustang Cat Charitable Foundation ends up supporting a lot of food banks, crisis centers, and neighborhood assistance ministries in over 35 counties throughout the greater Houston area and Southeast Texas.”

Mustang Cat is committed to making a difference in the communities in which they serve and operate.

To help identify and direct funds to local nonprofits, Mustang Cat works directly with their regional store managers across their various locations to get a realtime pulse on organizations needing funding for basic human needs specific to that region.

Like many corporations, Mustang Cat has seen a shift in workforce priorities, including a stronger desire to make positive change. Mustang Cat has a robust corporate citizenship program of servant leadership, providing employees with opportunities to give back, which is a significant part of their recruitment process to attract and retain top talent that aligns with its corporate values.

In addition to the Mustang Cat Charitable Foundation, after years of trying to assist employees with gift and debit cards, Mustang Cat has set up an official Employee Disaster Relief Fund managed by Greater Houston Community Foundation. Since it was established in 2016, the Mustang Cat Employee Disaster Relief Fund has awarded emergency financial assistance to employees whose families were negatively impacted by a number of hurricanes and tropical storm events that were declared major disasters.

Mustang Cat also created a Scholarship Program in 2013. Since the Scholarship Program was established, it has awarded 132 scholarships, over $400,000, to help support children of Mustang Cat employees

pursuing a two- or four-year degree, including vocational and technical schools.

Mustang Cat is committed to creating a recognizable difference for the most vulnerable people in the communities in which they operate. With a strong belief that the success of their business relies heavily on doing good in the communities they serve, their culture of servant leadership is resounding inside and outside of the company.

Interested in learning how we can help support your corporate philanthropy?

Contact Stephanie Blair Director of Corporate Relations

We believe we have a responsibility to give back to the communities we serve, and we place a high value on our partnership with Greater Houston Community Foundation. The relationship and expertise that they share help us put our strategy and culture of servant leadership in action, where we achieve success individually and as a company by giving back and doing good for others.

– Sam Tucker Executive Vice President Mustang Cat Mustang Cat employees volunteering at Wesley Communit y Center, Houston.

www.ghcf.org

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Expanding Collective Reach: FUELING INNOVATIVE STRATEGIES TO ADDRESS COMMUNITY NEEDS Imagine Houston 12 years from now. In 2036, we’ll celebrate 200 years since Houston’s founding.

And while that might seem like a long way off, what we’ve learned so far is that the days are long, and the years are short.

—

Understanding Houston Leveraging credible qualitative and quantitative data to inform decision-making and address regional challenges.

•= •=

What do we want for Houston? What is our aspirational vision for our families, our neighbors, and our region?

As Houston continues to evolve, so does Greater Houston Community Foundation (Foundation). As we look to the future, our collective focus within our community centers on Community Impact. Over nearly three decades, deep-seated relationships have been nurtured, allowing the Foundation to honor donor intent and drive significant positive shifts alongside our partners.

The Community Impact Fund will be a catalytic force for philanthropic impact – making a meaningful difference in the lives of Houstonians through three pillars bringing together data, collaboration, and lasting impact: Understanding Houston, Greater Houston Disaster Alliance, and our new High-Impact Grantmaking Initiative.

Greater Houston Disaster Alliance Strengthening year-round disaster preparedness and resiliency for all. \ I I

I I \

High-Impact Grantmaking Fostering collaborative grantmaking and strategic partnerships to maximize resources and elevate opportunities for Houstonians.

After engaging over 175 stakeholders and community voices to gather insights and input, our Board approved a focus on supporting upward economic mobility as a pivotal issue for Houston’s future.

Addressing intergenerational poverty will have major implications for Houston’s safety, economic growth, and social cohesion if left unaddressed.

In the last five years, Foundation donors have allocated $84 million toward nonprofits focused on community revitalization and vital services like emergency housing, food, healthcare, and more. These investments underscore our donor community’s commitment to poverty alleviation and holistic, place-based solutions.

Every individual in Houston needs to have the opportunity to have the American dream.

Our children should be able to do better than we’ve done.

Each one of us should be able to live and flourish.

– Philip J. Hawk

Foundation Fundholder Foundation Governing Board Member

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2023 Annual Report

We hope that these efforts empowers donors to collaborate with one another and the community, futher enabling them to champion causes they are passionate about and to address local needs. Together, we strive to bring about meaningful, positive change for our community.

Thank you for your continued partnership, and we look forward to making an even greater impact together in the years ahead. Please continue reading to learn more about our efforts, why economic mobility is a critical issue in our community, and how to get involved.

1 in 4

children in Houston live in pover ty.

This statistic—composed of 300,000 children experiencing the traumatic effects of growing up in poverty—has barely shifted over the last decade.

U.S. Census Bureau, 2022 American Communit y Sur vey.

40% The national rate of upward economic mobility has dropped by 40% over the past 50 years.

Chet t y, R., Grusk y, D., Hell, M., Hendren, N., Manduca, R., & Narang, J. (2017). The fading American dream: Trends in absolute income mobilit y since 1940. Science, 356(6336), 398 - 406.

Only half of America’s children will earn more than their parents.

Chet t y, R., Grusk y, D., Hell, M., Hendren, N., Manduca, R., & Narang, J. (2017). The fading American dream: Trends in absolute income mobilit y since 1940. Science, 356(6336), 398 - 406.356(6336), 398 - 406.

1 in 3

children born into pover ty will stay in pover ty as an adult.

Perpetuating the cycle of intergenerational poverty for those who start at the bottom of the economic ladder.

National Academy of Sciences (2023) with underlying data from Chet t y et al. (2020).

Retrieved from The Brookings Institution.

www.ghcf.org

19

HIGH-IMPACT GRANTMAKING — This initiative, led by a committee of diverse community leaders, represents a dynamic, strategic effort to tackle Houston’s most pressing social and economic challenges through the power of collaborative grantmaking and strategic partnerships.

ADVANTAGES OF HIGH-IMPACT GRANTMAKING Emphasis on measuring impact, learning, and adapting for progress.

Heightened transparency and accountability in philanthropic efforts.

More equitable resource allocation for greater access and reduced barriers.

Diverse perspectives and expertise guiding investments, including lived experiences.

Enhanced community engagement for broader impact across sectors.

Embracing innovative strategies for positive change.

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2023 Annual Report

WHY IS ECONOMIC MOBILITY IMPORTANT? — Economic mobility is about our ability to achieve the American Dream within our lifetime and across generations. It is the idea that if you work hard, you can gain access to the resources and opportunities to climb the economic ladder, no matter your circumstances. We want this to be true in Houston and yet we know it isn’t for specific populations that have been left out or left behind.

ECONOMIC MOBILITY: ADDRESSING CHILDHOOD & INTERGENERATIONAL POVERTY To break the cycle of intergenerational poverty and safeguard our economic future, every child must have access to the tools and opportunities that lead to economic mobility.

Addressing economic mobility offers the ability to pursue holistic strategies and initiatives that both research and promising practice suggest are required to overcome persistent disparities and systemic challenges.

Visit understandinghouston.org to learn more about our region’s poverty and social mobility challenges.

GET INVOLVED! STAY INFORMED Click Here to sign up for our quarterly newsletter and stay current on our efforts to effect transformative impact through the Community Impact Fund.

SUPPORT Contact Tyler Murphy, Senior Advisor of Charitable Solutions, to learn more about how you can give to the Community Impact Fund or attend a donor program.

SHARE YOUR VOICE How do you feel about our direction? We want to hear from you. Contact our Community Impact team, impact@ghcf.org, to learn how you can provide feedback.

www.ghcf.org

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Rising Changemakers: YOUTH IN ACTION FAMILY GIVING CIRCLE — The Family Giving Circle is a program we host throughout the school year for families and youth to learn, volunteer, and grant together within the Houston region.

The 2022-2023 Family Giving Circle Mission Statement was to support initiatives that provide assistance to veterans; including but not limited to financial assistance, rehabilitation, career transition, and counseling/ mental health services. After engaging in several learning sessions about this community issue, best practices in grantmaking, and conducting site visits, the below nonprofit organizations received grants from the 2022-2023 Family Giving Circle. ($4,000) U.S. Vets Houston helps with the successful transition of military veterans and their families through the provision of housing, counseling, career development, and comprehensive support. They believe all veterans deserve every opportunity to live with dignity and independence.

($4,000) Operation Red Wings provides veterans and their families with a path to healing from their invisible wounds.

($1,250) Combined Arms delivers innovative technology solutions that improve the quality of life for veterans and military families. ($750) The mission of Mental Health America of Greater Houston is to drive community solutions to promote mental health for all.

Interested in learning more about our youth programming?

Contact Elizabeth Gonzales Events & Engagement Coordinator

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2023 Annual Report

FAMILY GIVING CIRCLE PARTICIPANTS 2022-2023

Bella Chramosta

Christopher Laporte

Molly Dinerstein

Shaan Khurana

Ellie Lohse 2023-2024

Bella Chramosta

Ellie Tellepsen

Molly Dinerstein

Olivia Valdez

Jack Hartman

Dylan Vetical

Juliette Hess

Luke Waters

Lily Johnson

Grayson Weekley

Richie Klosek

Sawyer Weekley

Christopher Laporte

Cooper Ying

Isabelle Pesikoff

Aiza Zakaria

Kenna Suttle

Aleena Zakaria

Josh Sweetland

The mission of the 2023-2024 Family Giving Circle is to support organizations providing necessities and other services including, but not limited to, mental health, physical health, nutrition, housing, healthcare, and education services for youth (0-17) in foster care in the greater Houston community. Our 2023-2024 cohort is currently engaging in coursework to learn more about best practices in philanthropy and use community data to help guide them in reviewing grant applications and selecting nonprofit finalists that align with the mission.

A nonprofit finalist will be announced in May of 2024!

2023 FAMILY PHILANTHROPY DAY — In October, in partnership with Generation SERVE, we hosted the eighth annual Family Philanthropy Day! Family Philanthropy Day is an annual volunteer event for ages 5+ to participate and learn about various issues affecting the greater Houston community. The event occurred at Community Collective for Houston, a landmark building in Southwest Houston that serves as a multi-purpose event space and is crucial in enhancing business, education, and food harvesting in the area. The event started with a panel discussion facilitated by Juliette Hess, Junior Family Giving Circle Leader, and Isabelle Pesikoff, Senior Family Giving Circle Leader, featuring prominent community leaders who have played a pivotal role in the Community Collective for Houston. Then, attendees participated in 18 diverse service projects, each supporting local nonprofits across Houston.

Service projects included organizing underwear for Undies for Everyone, decorating lunch bags for Kids’ Meals, and creating bird feeders for Gulf Coast Bird Observatory. A special thank you to our panelists, Chris Williams of Lucille’s and Lucille’s 1913; educator and founder of The Imani School, Patricia Hogan Williams; and real estate developer, Dr. Courtney Johnson Rose. Thank you to all who were able to join us during this day of energy, compassion, and community engagement!

Pic tures from the eighth annual Family Philanthropy Day.

www.ghcf.org

23

Pioneering Change: NEXT GEN ALUMNI PAVING THE WAY WITH RESTORING JUSTICE —

Next Gen Alumni Jessica and Drew Willey believe the world would change if there were a focus on the people inside Harris County Jail. That’s why they started Restoring Justice to provide care for people in our county’s jail. According to the Houston Chronicle, 95% reported being without permanent housing, and 79% reported struggling with mental health.1 According to the Harris County Jail Population counter, over 8,000 individuals in Harris County are pre-trial detainees, meaning they have not been convicted of a crime and are legally innocent.2 Restoring Justice provides legal, social, and mental health care to restore physical, mental, emotional, and spiritual freedom to those returning to our community so we all realize increased public safety.

Founded in 2016, Restoring Justice is a nonprofit in Houston that provides holistic and client-centered representation to marginalized members of our community facing criminal charges.

Jessica & Drew Willey, Class of 2021 Next Gen Donor Institute.

1. Sessions, K. (2022). Harris County Jail just recorded its most in-custody deaths in 20 years. Houston Chronicle.

2. Harris Count y Texas. (2023). Current Jail Population.

3. Harris Count y Texas. (2023). Current Jail Population.

4. Blakinger, K. (2023). Under pressure, Board of Supervisors pulls unpopular motion to decrease jail population. Los Angeles Times.

Did you know...

Harris County is one of the world’s largest drivers of mass incarceration? Harris County Jail consistently hovers around 10,000 people,3 second only to Los Angeles, which averages up to 14,000 people according to the Los Angeles Times.4 The Prison Policy Initiative confirmed that Texas has the largest prison population in America by far, with about 134,000 people in prison, 33% more than California which is in second place.

Despite America having only 5% of the world’s population, our country has 25% of the world’s incarcerated population. These numbers show that the world’s biggest mass incarceration problem starts and ends right here in Harris County (Houston), TX. Restoring Justice client sharing his stor y at the nonprofit’s of fice, a few blocks from the Harris Count y Jail.

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2023 Annual Report

NEXT GEN DONOR INSTITUTE — Through our Next Gen Donor Institute, we have a committed cohort of 158 Houstonians who deeply desire to build their skills around strategic philanthropy and community engagement.

NEXT GEN GIVING CIRCLE — Each year, the Next Gen Giving Circle focuses on one area of need in the greater Houston area. Giving Circle members solicit for and review grant applications, perform site visits to grant semifinalists, and ultimately select one or more organizations to support.

The 2023 Next Gen Giving Circle’s mission was to fund an initiative that helps facilitate the transition of opportunity youth (ages 16-24) as they age out of the foster-care system. In 2023, they selected Houston reVision to be awarded a grant of $15,000.

To break the cycle of juvenile justice involvement among youth in Harris County by leveraging the power of the community to connect them with mentors, positive peers, and life-changing resources.

Maconda Abinader Sacha Abinader Holly Smith Alvis Bret t Annunziato Nora Annunziato Kevin Baker Bruce Bilger, Jr. Wir t Blaf fer Elizabeth Blanton Jack Blanton, III Bradley Bracewell Adam Brackman Lauren Brackman Anna Brewster Ben Brown Caroline Brown William Russell Brown, III Kate Butler Steve Butler Richard Campo Leslie Carrigan Julie Chen David Chao Skye Chao Julie Cotuno Emily Burguières Dalicandro Mar tha Daniel Morgan Davies Taylor Davies Margaret Elkins Davis Nina Delano Brad Dinerstein Brit tany LaPor te Douglas Steven Douglas Andrew Dyrhood Br ynne Walker Dyrhood Buck Elkins Harr y Elkins James Elkins John Elkins Margaret Elkins Mar y Elkins Nick Er win Jenny Everet t Kerbey Feinsilver John Fitzpatrick Peter Fluor Kate Fowler Kristina Frankel Sofia Frommer Rob Galtney Cullen Geiselman Lacey Fluor Goossen

Mat t Goossen Bray Gremillion John Guill Manu Gupta Chandler Gut tersen Kelly Hacket t Ashley Hanna Michael Hanna Michael Hanson Kimberly Campo Har tz Ted Har tz Bret t Hogan Holly Lewis Hudley Mar y Itz Anika Jackson Chris Joseph Nicole Katz Madeline Kelly Sara Kelly Jack Kempner Sheldon Kramer Claudia Kreisle Kelly Krohn Molly LaFauci Brennan Lang, MD Farrah Najmuddin Lang Jennifer Lapor te Chaz Lewis Kayla Lewis Mandy Lewis Rich Lewis Darren Lindamood Jenna Lindley Mat thew Lindley Kirby Liu Steven Looke Katherine Lorenz Allen Lyons Kaylen Burke MacDonald Michael Marek Leslie Margolis Kahler Marlow Ryan McGrath Cody McGregor Brian Merrill Michael Mitzner Whitney Graham Mixon Sarah Mohle Logan Moncrief Brad Morgan Katie Morgan Lauren Morgan Philip Morgan

Frost Murphy Avani Narang Caroline Negley Emily Nelson Kevin Knox Nunnally Nancy O’Connor Megan Oden Travis Oden Barbie Rawson Parker Andrea Panedo Winnie Simmons Phillips Ashley Ranton Brooks Ranton Kimberly Rawson Danny Savitz Brian Schmulen Mark Schmulen Francis Sharpe Wynne Sharpe Lindsey Fondren Smith Nancy Smith Allen Reid Springmeyer Ryan Springmeyer Brit tany Steitz Rebecca Stewar t Mat t Summers Caren Sweetland Alexandra Tennant Andrew Thorington Charlene Sadberr y Tombar Ben Tucker Sam Tucker Jaclyn Vivret t Jud Walker John Webber Sarah Chase Webber Chris Weekley Michael Weekley Rachel Wegenhof t William White Mar y Lee Wilkens Richard Wilkens, IV Alexandra Will Aron Will Drew Willey Jessica Willey Jarrod Wise Lindsey Wise Angel Woolsey Catherine Wright Raelyn Wright Chris Yet ter

Interested in learning more about Next Gen engagement?

Contact Annie Hurwitz Director of Donor Engagement & Learning

www.ghcf.org

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Building an Equitable Houston: HOUSTON COMPLETE COMMUNITIES —

In 2017, Mayor Sylvester Turner announced the creation of Houston Complete Communities, an initiative of the City of Houston to focus on bridging the gap between equity and opportunity, believing that every Houstonian should know that their neighborhood matters. Comprised of ten historically under-resourced neighborhoods, when these neighborhoods’ populations are combined, they are home to one in six Houstonians.

“The Houston Complete Communities program is the embodiment of my vision for a more equitable Houston,” stated Mayor Sylvester Turner. “We are committed to rebuilding neighborhoods that have been underserved and under-resourced for decades.

All neighborhoods have value and promise, and all Houstonians deserve to live in neighborhoods that support their dreams.”

Houston Complete Communities ensures that projects identified through a public engagement process are implemented, funded, and managed efficiently.

This initiative demonstrates how public, private, and nonprofit partners can revive neighborhoods with the guidance of their residents. Each Houston Complete Community effort within an area starts with conducting outreach and small group meetings with key

leaders from a neighborhood, including faith leaders, nonprofit and community-based organizations, business owners, and other civic or institutional leaders.

After this initial outreach, an Action Plan is developed for the neighborhood, establishing a vision, setting goals and projects, and identifying priorities and potential partners.

For instance, after developing the Acres Homes Action Plan in 2018, Houston Complete Communities identified the following economic opportunities to help meet the needs of Acres Homes’ residents: expand workforce training and resources, support small businesses, create new jobs, help grow family wealth, and provide learning opportunities for people of all ages.

Houston Complete Communities progressed through multiple stages within Acres Homes, ultimately leading to the successful ribbon-cutting ceremony for phase one of the Bethune Empowerment Center (Center) in June 2023. Since the ribbon cutting occurred, phase two of this construction project has begun. The Center helps to sustain economic activity and growth at the individual, household, business, and community levels by offering workforce development which provides pathways to

ACRES HOMES

NEIGHBORHOODS SERVED:

KASHMERE GARDENS NEAR NORTHSIDE SECOND WARD

GULFTON

FORT BEND HOUSTON

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2023 Annual Report

ALIEF WESTWOOD

THIRD WARD

MAGNOLIA PARK – MANCHESTER

SUNNYSIDE

SIGNIFICANT MILESTONES ACCOMPLISHED IN 2023 Financial Empowerment Centers: These Financial Empowerment Centers provide one-to-one, professional financial counseling to Houstonians at no cost. There are now four accessible locations within the Acres Homes, Magnolia Park, Sunnyside, and Kashmere Gardens areas.

CenterPoint Energy Youth Football Field: This field, opened in Sunnyside Park, is state of the art and is a significant improvement to a park that has had historically little investment, providing the young people of this neighborhood with another outlet.

Houston’s first Equity Indicators Study: middle-income jobs, accelerating entrepreneurial and new start-up companies, and generating job growth within Acres Homes. With space for coworking, a business center, education and training, and an entrepreneurship and technology hub, the Center will change the Acres Homes community’s trajectory by offering self-sustaining programs that create lasting opportunities for growth within its community.

In partnership with the Kinder Institute for Urban Research, this report was published using equity scores to identify socioeconomic inequalities exacerbated by biases based on race, ethnicity, gender, and ZIP codes. The data from this first study reveals key areas where Houston can make meaningful progress toward becoming a more equitable city.

Love our Parks Complete Communities Initiative:

Shannon Buggs, Founding Director of Houston Complete Communities stated that “Each Action Plan we have developed for a specific neighborhood is designed to meet the area’s needs. The neighborhood’s community members heavily guide the vision and goals of each Action Plan. We rely on unrestricted funds to help us analyze the progress we have helped to make within each community.”

The Mayor Sylvester Turner Love Our Parks Complete Communities initiative is a collaborative effort created by the Mayor to improve and upgrade neighborhood parks in under-resourced Houston communities. The first phase included five neighborhood parks. Phase two of the initiative includes an additional five neighborhood parks.

Greater Houston Community Foundation is a proud partner of Houston Complete Communities and has helped to administer the Complete Communities Improvement Fund since 2018. Buggs shared that “Since Mayor Turner launched Houston Complete Communities, Greater Houston Community Foundation has been a true partner beyond just reporting. They have provided us with financial security, been a thought partner, and helped us stay aligned with our goals.”

City of Houston and Trees For Houston: Planted 100,000 trees at sites across the city.

Demolition Ceremony – Edison Cultural Arts Center: The demolition of a vacant Missouri City shopping center paved the way for the Edison Cultural Arts Center which is expected to have 80,000 visitors annually.

www.ghcf.org

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Moving Minds Forward: THE POWER OF SCHOLARSHIPS —

In September, we hosted a luncheon to celebrate the transformative power of scholarships. We honored our Scholarship Fundholders, Recipients, and Review Committee at the event. Attendees heard from Chelsea Cheung, Senior Manager of Data Analytics at Greater Houston Community Foundation, who shared data from Understanding Houston on the landscape of higher education in Houston and the challenges that students like our scholarship recipients face.

from the University of Texas at Austin to becoming a nurse practitioner at UT MD Anderson Cancer Center, embodies the spirit of scholarship-driven success.

We were joined by special guest, and former scholarship recipient Dr. Brandon Sterling, whose journey,

Back(L-R): Archie Clinton, Noe Mar tinez, Chiamaka Ujari, Kevine Sihon, Tina Clay ton.

Front (L-R): Cour tney Gr ymonprez, Olga Ordonez, Suzy Rodriguez, Marie Cushman.

Kevine Sihon, Chiamaka Ujari.

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2023 Annual Report

Noe Mar tinez, Karis Johnson Comer.

My education means the world to my family and positively impacts my family’s next generation. I take great pride that neither my nephews nor any other family member will have to navigate higher education alone. It will be one of my greatest pleasures to help guide them as they discover their bright futures.

My advice to f irst-generation students is to reach out and ask. Most of us are used to being wildly independent and are not used to asking for help. You’d be surprised who is willing to aid you along your academic journey if they know you are in need. No one can know you are struggling unless you speak up. This type of vulnerability will help throughout your career as you will learn that collaboration and teamwork are the keys to success.

– Dr. Brandon Sterling

Ph.D., APRN Former Scholarship Recipient

Dr. Brandon Sterling, Ph.D., APRN, & Former Scholarship Recipient.

Tatum Gillespie, Ambereen Khan.

Interested in learning more about Scholarships?

Contact Courtney Grymonprez Scholarships Manager

www.ghcf.org

29

Advising with Purpose: CATALYZING GIVING IMPACT WITH CLIENTS

Cor y & Sarah Mizell.

PROVIDING FINANCIAL PEACE OF MIND —

Sarah and Cory Mizell became majority owners and managing partners of Cove Wealth Management (Cove) in 2021. They both moved away from corporate careers to serve in their independent wealth management firm focusing on wealth coordination, financial planning, and fee-only investment management. Lifelong goals of growing their family, having more flexibility to prioritize family, and really focusing on living out a generous life were catalysts fueling their career decisions.

When we asked Sarah what drove her to pursue her dream job as a financial advisor and business owner, she shared how she had a fearful relationship with money before receiving her finance degree and becoming a Certified Financial Planner™. This fear stemmed from when her father lost significant savings after following some misleading business advice from a professional advisor. Sarah has used her father’s experience to learn and apply principles for herself and the families she works with at Cove.

She works with clients to develop their understanding of strategies to enhance life, financial independence, and meaningful philanthropy.

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2023 Annual Report

Money always has a use or purpose, whether the client wants to grow their finances to be more secure, powerful, successful, or more able to impact others positively. You have missed a huge opportunity if you miss the chance to talk with your clients about meaningful generosity. Too often, we treat making the most money as the only goal, as it is hard to build a business based on telling people to give away their money. However, there is always space for philanthropy.

– Sarah Mizell, CFP Wealth Coordinator and Board Chair Cove Wealth Management

COVE WEALTH MANAGEMENT TEAM

THANK YOU! Thank you to our Advisor Outreach Committee and Emerging Leaders Group for their continued par tnership in developing tailored philanthropic solutions for their clients.

Jenny Migdal Senior Advisor, CFP ®, CK A ®

Malcolm S. Morris Par tner

Advisor Outreach Committee: Chair, Karen Costa, RSM Lauren Doughty, Locke Lord LLP Nick Erwin, U.S. Capital Advisors

Amanda Barret t Client Ser vice Manager

Mia Evans Hancock Operations Intern

Brandon Holcomb, Goldman Sachs & Co., LLC Douglas C. Kelly, Hilcorp Ventures, Inc.

Balancing the transactional and personal components of every client relationship is essential in the financial and wealth management industry. Sarah shared that “Relationships play an incredible part in my line of business. You must invest in developing relationships and treating each client as a whole person. When we first meet with our wealth coordination clients, we often try to meet them in their ‘happy place,’ whether a ranch, museum, or park. This strategy helps us to make space for our clients to share their stories so we can discern how our team can provide resources and ongoing support to help them achieve their goals or purpose.” Then, Sarah and her team will develop a vision statement or driving goal for each client to build ongoing conversations and strategy around.

Jennifer Klein Strauss, Ytterberg Deery Knull LLP

Sarah credits her “dream team” of internal and external professionals for providing their clients with the best technical and personal experiences. With a culture of generosity, collaboration, and excellence, the Mizell’s engaged team helps its clients achieve financial security that translates to enhanced generosity.

Courtney Garson, J.P. Morgan Private Bank

Tama Klosek, Klosek & Associates PLLC Charlie Schwartzel, J.P. Morgan Private Bank

Emerging Leaders Group: Bobby Boswell, Avidian Wealth Solutions Rachel Brown, U.S. Capital Advisors Julie Cotuno, J.P. Morgan Private Bank John Elkins, Ytterberg Deery Knull LLP Brian Friday, Goldman Sachs & Co., LLC David Galic, J.P. Morgan Private Bank Warren Knull, Ytterberg Deery Knull LLP Olivia Rousseau, Locke Lorde LLP Ryan Staff, RSM Chayden Tibbitts, J.P. Morgan Private Bank Andrew Wagnon, RSM Chris Wallace, Goldman Sachs & Co., LLC

Greater Houston Community Foundation understands the importance of trust and expertise in the advisor-client relationship. That’s why we view our partnerships with professional advisors as more than just transactions – they are integral to our mission of driving positive change in our community. By joining forces with finance, tax, and estate advisors, we become a trusted network for your clients, offering a comprehensive approach that seamlessly integrates financial success with philanthropic impact.

Questions on how the Foundation can support you and your clients?

Contact Andrea Mayes Senior Director of Charitable Solutions

www.ghcf.org

31

Community Foundation Council —

Our Community Foundation Council enhances the reputation of and advocates on behalf of the Foundation, advises the Foundation in individual areas of expertise to help grow our organization, and serves as a door opener and referral source whenever possible.

Michael Dumas, Chair Maritime Holdings, LLC

Joseph A. Cleary, Jr. Har vey Clear y Builders

Dan Gilbane Gilbane Building Company

Dorothy Ables Spectra Energy Corp.

Ernie Cockrell Pinto Realty Par tners

Marty Goosen JP Morgan Private Bank

John Scott Arnoldy Triten Corporation

Gus Comiskey, Jr. Comiskey Kaufman Consulting

Jill Gracely Baylor College of Medicine

James Baird Quantum Energy Par tners

Michael Cordúa Cordúa Restaurants

Bruce Bilger, Jr. Longmont Capital

Emily Crosswell Community Leader

Bruce Bilger Lazard Frères & Co. L.L.C.

E. Ted Davis Davis/Chambers & Company, Ltd

Jack Blanton, Jr. The Scurlock Foundation

Peter Delongchamps Group 1 Automotive, Inc.

Leslie Blanton Community Leader

Stephanie Donaho Community Leader

J. Murry Bowden Hanover Company

Krista Dumas Community Leader

J. Downey Bridgewater Comerica Bank

Robert Duncan Transwestern Investment Group

Sandy Bryan Just Her Spor ts

John Eads Sierra Resources, LLC

Emily Burguières Dalicandro Community Leader

Mary Eads Community Leader

Richard Campo Camden Proper ty Trust

Gary Edwards ConocoPhillips, Inc.

Chip Carlisle Wells Fargo

Peggy Edwards Community Leader

Martha Carnes PricewaterhouseCoopers LLP

Kristi Elsom Fizer Beck Webster Bentley & Scroggins

Ann Cazalot Community Leader Anthony Chase ChaseSource, LP Don Childress, II Childress Capital Advisors

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2023 Annual Report

C. Richard Everett Everett Interests Rob Galtney Galtney Capital, LLC

Maureen Graf Community Leader Bob Graham Community Leader Saundria Chase Gray Shell Oil Company Melanie Gray Winston & Strawn LLP Kelly Hackett Tectonic Advisors, LLC Maureen Hackett Community Leader Joseph Hafner, Jr. Retired, Riviana Foods Inc. Bernard Harris, Jr. Vesalius Ventures Robert Harvey Retired, Greater Houston Par tnership Philip Hawk Evergreen Nor th America Jeffery Hildebrand Hilcorp Energy Company Lee Hogan Anglican Health Network Rick Jaramillo Bank of America Stephen Kaufman Comiskey Kaufman Consulting Carla Knobloch Owners Advisor y LLC

Yolanda Knull Ytterberg Deer y Knull LLP

Ricardo Perusquia Global Financial Ser vices, LLC

Terri Lacy Hunton Andrews Kur th LLP

Mary Tere Perusquia Community Leader

Leo Linbeck, III Aquinas Companies, LLC

Hec tor Pineda Shell Oil Company

Janiece Longoria The University of Texas System Board of Regents

Gloria Portela Sey far th Shaw, LLP

Allen Lyons Cadence Bank Stan Marek, Jr. The Marek Family of Companies Barry Margolis Retired, Margolis, Phipps & Wright PC

Alexandra Pruner Perella Weinberg Par tners David Pruner Heidrick & Struggles Beth Robertson Cockspur, Inc. Ali Saberioon Sabco Oil & Gas Company

Leslie Margolis Community Volunteer

Park Shaper SEIS Holdings

Rodney Margolis Margolis Interests

Peter Shaper Genesis Park

George Martinez Allegiance Bank Texas

Gavin Smith GHS Investments

Steven Miller ALM Discover y Ventures, Inc.

Joel Staff Scipio Interests, LLC

William Montgomery Quantum Energy Par tners, LLC

Mary Martha Staff Community Leader

Paul Murphy, Jr. Cadence Bancorp LLC

Deborah Stavis Stavis & Cohen Financial

D. Keith Oden Camden Proper ty Trust

Leticia Trauber Community Leader

Sandra Oden Community Leader

Walter Lane Ward Amegy Bank of Texas

W. Jeffery Paine, Jr. Goldman Sachs & Co., LLC

Carol Warley RSM US LLP

Carrin Patman Metropolitan Transit Authority of Harris County

Mark Wawro Susman Godfrey L.L.P.

Sue Payne Retired, Global Financial Ser vices, LLC

Bruce & Carole Bilger.

Donald Woo Mission Contructors, Inc.

Questions about the Community Foundation Council?

Contact Morgan Steen Director of Governance and Administration

Laura & Rick Jaramillo.

www.ghcf.org

33

Top Supported Grantees:

BY ISSUE AREA IN 2023 These lists are based on the number of unique individual donors who suppor ted these organizations.

ARTS:

HUMAN SERVICES:

The Museum of Fine Ar ts, Houston

Houston Food Bank

Houston Museum of Natural Science

Star of Hope Mission

Houston Ballet Foundation

The Salvation Army

Houston Public Media Foundation

Kids Meals, Inc.

Houston Symphony Society*

SEARCH Homeless Ser vices

Children‘s Museum Houston*

PUBLIC BENEFIT: EDUCATIONAL:

Holocaust Museum Houston

The Kinkaid School, Inc.

Jewish Federation of Greater Houston

St. John‘s School

United Way of Greater Houston

The University of Texas Health Science Center at Houston

Evelyn Rubenstein Jewish Community Center of Houston

Small Steps Nur turing Center

Hawai‘i Community Foundation

Collaborative for Children

RELIGION: ENVIRONMENTAL:

Congregation Beth Israel

Hermann Park Conser vancy

St. Luke‘s United Methodist Church

Memorial Park Conser vancy, Inc.

St. Mar tin‘s Episcopal Church

Houston Zoo, Inc.

Archdiocese of Galveston-Houston

Houston Botanic Garden

St. Anne Catholic Church

Houston Society for the Prevention of Cruelty to Animals

OTHER: HEALTH: Methodist Hospital Foundation The University of Texas MD Anderson Cancer Center

Faith in Practice UNICEF USA Alliance for Multicultural Community Ser vices Edify

Texas Children‘s Hospital Memorial Hermann Foundation St. Jude Children‘s Research Hospital

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2023 Annual Report

*Indicates the same number of unique donors gave to the grantee.

Partnering for Impact: NEW FUNDS IN 2023 Below is a list of all the new funds established at Greater Houston Community Foundation in 2023.

Anonymous (3) Apex Heritage Foundation Community Impact Fund Elizabeth Blanton Fund Feed the Soul Foundation Agency Fund Fusion Scholarship Foundation Fund Gen Impact Fund Goodman Family Fund HBRF – Lance H. Davis Stem Cell Research Fund

Meredith Lynn Qualls and James Sterling Qualls Charitable Trust NETS Charitable Fund I NIFI Charitable Fund I P. Matthew & Christy Galtney Family Fund Reproductive Rights and Justice Fund of Texas Robert D. McKenzie Charitable Foundation Ron and Jean Tamlyn Sr. Scholarship Program S & B Giving Fund Southwest Airlines Fund

HBRF – Parkinson’s Disease PD06

Southwest Airlines Scholarship Fund

Herbert D. Kelleher and Rollin W. King Scholarship Fund

The John Wall Memorial Foundation

Hess Family Fund

Timothy and Julius Walker Education Fund

HHCF – Fort Bend LINC

Willeys 4 Freedom Fund

The Tyler William Austin Right On Foundation

HHCF – Wood Project Houston Economic Growth Collaborative Fund Jack Blanton and Claire Hein Blanton Family Fund Lauren and Brad Morgan Family Fund

Questions about fund recognition?

Contact Tyler Murphy Senior Advisor, Charitable Solutions

Mary Catherine and Bailey Jones Charitable Fund

www.ghcf.org

35

Giving Strategies for Lasting Impact INVESTING IN YOUR COMMUNITY Community Impact Fund

OFFERING CUSTOMIZED PHILANTHROPIC SERVICES

Understanding Houston

Community & Corporate Disaster Relief

High-Impact Grantmaking

Corporate Giving Program Support & Management Services

Greater Houston Disaster Alliance Giving Circles Giving Guide of Black-Led Organizations

PROVIDING INNOVATIVE CHARITABLE VEHICLES Corporate Donor Advised Funds Designated & Agency Funds Donor Advised Funds Donor Working Groups Field of Interest Funds Legacy Funds Scholarships Supporting Organizations

FOSTERING STRATEGIC PHILANTHROPY Center for Family Philanthropy Corporations – Customized Programs Family Meetings Interest-Area Programming & Learning Opportunities Next Gen Donor Institute Youth Programming

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2023 Annual Report

Customized Consulting Giving Plans Grants Management Landscape & Issue Analysis Nonprofit Research Private Foundation Services Topical Convenings

PARTNERING WITH PROFESSIONAL ADVISORS Acceptance of Noncash/Illiquid Assets Charitable Vehicles & Customized Giving Solutions Legacy Planning Third-Party Investment Management (starting at $500,000)

Our Team —

The Foundation has built deep relationships for nearly 30 years by honoring donor intent and igniting meaningful change with our clients. We help grow effective philanthropy by connecting donors to the causes they care about and providing excellent stewardship of assets entrusted to us.

Executive Leadership Team Stephen Maislin President & CEO Pooja Amin

Kevin Pickett

General Counsel

Chief Advancement Officer

Rebecca Hove

Jennifer Touchet

Managing Director of Strategic Philanthropy

Michael Pawson

Diana Zarzuelo

Chief Financial Officer

Janica Abella

Vice President of Personal & Family Philanthropy Vice President of Community Philanthropy

Kellie Ewasko

Administrative Assistant

Camille Manaker

Receptionist /Of fice Assistant

Lulu Alvarez

Krystle Folse

Sara Martinez

Accountant

Director of Donor Ser vices

Chanelle Balwant

Kolby Gilbert

Marketing Creative Associate Senior Director of Community Impact

Andrea Mayes

Foundation Ser vices Associate

Individual & Corporate Relations Manager

Senior Director of Charitable Solutions

Azad Barazi

Andrei Gololobov

Michelle Morrison

Foundation Ser vices Associate

Accountant

Prashant Bashyal

Elizabeth Gonzales

Events & Engagement Coordinator

Tyler Murphy

Systems Architect

Stephanie Blair

Courtney Grymonprez

Director of Corporate Relations

Scholarships Manager

Chelsea Cheung

Nelson Hernandez

Senior Manager of Data Analy tics

Controller

Tina Clayton

Lydia Hickey

Scholarships Associate

Senior Foundation Ser vices Manager

Marie Cushman

Kimberly Hipo

Scholarships Associate

Donor Ser vices Associate

Shannon Davidson

Jennifer Hogle

Donor Ser vices Associate

Accounting Manager

Natasha DeCell

Annie Hurwitz

Director of Donor Engagement & Learning

Nadia Valliani

Executive Assistant

Nanka Doddipalli

Donor Ser vices Manager Senior Advisor, Charitable Solutions

Kaitlin Necas

Communications Specialist

Cindy Newman Accountant

Lauren Spackman

Client Manager, Strategic Philanthropy

Morgan Steen

Director of Governance & Administration

Joseph Stewart

Donor Ser vices Assistant Director of Community Impact

Lauren Jones

Foundation Ser vices Associate

Gaby Villacorta

Information Systems Analyst

Hunter Edmondson Controller

Stephanie Lebron

Rachel Young

Ashley Estes

Stephanie Lopez

Client Advisor, Strategic Philanthropy

Donor Ser vices Associate

Foundation Ser vices Associate Director of Marketing & Communications

Accountant

www.ghcf.org

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