Galveston College Foundation
The Foundation supports Galveston College through fund-raising. The mission is to support Galveston high school graduates through an earned scholarship program to obtain their first two years of college debt-free regardless of ability to pay.
Galveston College Foundation at a glance
In short: Galveston College Foundation gave $500K across 1 grant in 2025 (avg $500K), mostly in Texas. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $500,067
- -65.9% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $500,067
- -65.9% vs 2024
- Median grant
- $500,067
- Total assets
- $30,927,613
- +8.8% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Galveston College Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Galveston College ($500K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Galveston College Foundation gives
- Giving grew 73% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $242K (2021) to $2.3M (2019). In 2025 it made 1 grant totaling $500K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Galveston College Galveston, TX | Scholarships | $500,067 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $30,927,613 | $2,304,716 | $726,009 | $500,067 | 1 | $1,935,053 |
| 2024 | $28,413,500 | $3,262,568 | $1,668,416 | $1,466,399 | 1 | $1,424,553 |
| 2023 | $24,122,530 | $1,077,669 | $533,546 | $344,187 | 1 | $604,931 |
| 2022 | $22,851,553 | $7,009,018 | $460,680 | $289,128 | 1 | $1,373,849 |
| 2021 | $20,425,906 | $1,761,845 | $409,755 | $242,135 | 1 | $1,488,265 |
| 2020 | $16,609,784 | $769,158 | $423,582 | $261,181 | 1 | $557,616 |
| 2019 | $15,333,544 | $965,202 | $2,756,961 | $2,321,152 | 1 | $742,871 |
About Galveston College Foundation
Based on IRS filings
Galveston College Foundation is a public charity focused on Education, based in Galveston, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $30.9M in total assets. In 2025, it awarded 1 grant totaling $500K. Net investment income was $1.9M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Galveston College Foundation is led by S Benjamin Shabot, Chair since 2025 (on filings since 2022); none of the 18 officers listed in 2025 report compensation.
Officers on the 2025 filing
S Benjamin Shabot
Chair
Member → Treasurer, 2023
Treasurer → Chair, 2025
On filings since 2022
1 hr/week
No compensation reported
Jeri Kinnear
Secretary
Chair → Secretary, 2025
On filings since 2019
1 hr/week
No compensation reported
Elizabeth Lawhorn Cryder
Member
On filings since 2021
1 hr/week
No compensation reported
Michael Cordray
Member
On filings since 2021
1 hr/week
No compensation reported
Cynthia Smith
Member
On filings since 2022
1 hr/week
No compensation reported
James Clark
Vice Chair
Member → Vice Chair, 2025
On filings since 2022
1 hr/week
No compensation reported
Jason Hardcastle
Member
On filings since 2022
1 hr/week
No compensation reported
Cynda Mullikin
Member
On filings since 2023
1 hr/week
No compensation reported
Kyle McFatridge
Treasurer
Member → Treasurer, 2025
On filings since 2023
1 hr/week
No compensation reported
Anna Hyatt
Member
On filings since 2024
1 hr/week
No compensation reported
Harris Kempner Jr.
Member
On filings since 2024
1 hr/week
No compensation reported
John Paul Gaido
Member
On filings since 2024
1 hr/week
No compensation reported
Philesha Evans
Member
On filings since 2024
1 hr/week
No compensation reported
Reid Nelson
Member
On filings since 2024
1 hr/week
No compensation reported
Karen Alberstadt
Member
New on the 2025 filing
1 hr/week
No compensation reported
Katy Farmer
Member
New on the 2025 filing
1 hr/week
No compensation reported
Leonard Woolsey
Member
New on the 2025 filing
1 hr/week
No compensation reported
Tom Schwenk
Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (25)
- Former: Carol A Hodges (2019–2024) — Secretary
- Former: Keith McFatridge (2019–2024) — Chair
- Former: Betty Massey (2020–2024) — Member
- Former: Thomas Schwenk (2022–2024) — Vice Chair
- Former: Walter J Meyer III (2022–2024) — Member
- Former: Melanie Buck (2023–2024) — Member
- Former: Donna Lang (2019–2023) — Member
- Former: Angela Wilson (2021–2023) — Member
- Former: Hetta Kempner (2021–2023) — Member
- Former: John D Prochaska (2021–2023) — Member
- Former: Sarah Piel (2023) — Member
- Former: Terry Frank (2020–2022) — Treasurer · Filing note: Thru 42822
- Former: Armin Cantini (2019–2021) — Member
- Former: Frank Benavidez (2019–2021) — Member · Filing note: Thru 111820
- Former: Fred Raschke (2019–2021) — Member
- Former: Robert Lynch (2019–2021) — Member
- Former: Victor Pierson (2019–2021) — Member
- Former: Garrik Addison (2019–2020) — Member
- Former: Lauren Suderman Millo (2019–2020) — Member
- Former: Paulie Gaido (2019–2020) — Member
- Former: Peaches Kempner (2019–2020) — Member
- Former: Victor Sierpina (2019–2020) — Member
- Former: Rabbi Jimmy Kessler (2020) — Member
- Former: David Marshall (2019) — Member
- Former: Tikie G Kriticos (2019) — Member
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Galveston College Foundation
How much does Galveston College Foundation give each year?
Galveston College Foundation gave $500K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.5M across 1 grant.
How large is Galveston College Foundation?
Galveston College Foundation reported $30.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.3M.
What is Galveston College Foundation?
Galveston College Foundation is a public charity focused on Education, based in Galveston, TX. It holds $30.9M in total assets as of 2025.
Where does Galveston College Foundation operate?
Galveston College Foundation has awarded grants in Texas.
What is Galveston College Foundation's EIN?
Galveston College Foundation's EIN (Employer Identification Number) is 76-0512266. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS April 23, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS April 25, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 1, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS June 24, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS May 8, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 5, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS July 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Galveston College Foundation's focus areas in our free grants database
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Figures come from Galveston College Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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