To support and enhance the ability of Galveston College to achieve its mission of advancing people's lives through lifelong learning.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$28.4M
+17.8% YoY
Annual Giving
$1.5M
Grant Count
1
Avg Grant Size
$1.5M
About Galveston College Foundation
Based on IRS filings
Galveston College Foundation is a nonprofit organization focused on Education, based in GALVESTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28.4M in total assets. In 2024, it awarded 1 grants totaling $1.5M. Net investment income was $1.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $28,413,500 | $24,122,530 | $22,851,553 |
| Revenue | $3,262,568 | $1,077,669 | $7,009,018 |
| Expenses | $1,668,416 | $533,546 | $460,680 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,424,553 | $604,931 | $1,373,849 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Keith McFatridge | Chair | 1 | — |
| Thomas Schwenk | Vice Chair | 1 | — |
| S Benjamin Shabot | Treasurer | 1 | — |
| Carol A Hodges | Secretary | 1 | — |
| Melanie Buck | Member | 1 | — |
| James Clark | Member | 1 | — |
| Michael Cordray | Member | 1 | — |
| Elizabeth Lawhorn Cryder | Member | 1 | — |
| Philesha Evans | Member | 1 | — |
| John Paul Gaido | Member | 1 | — |
| Jason Hardcastle | Member | 1 | — |
| Anna Hyatt | Member | 1 | — |
| Harris Kempner Jr | Member | 1 | — |
| Betty Massey | Member | 1 | — |
| Kyle McFatridge | Member | 1 | — |
| Walter J Meyer III | Member | 1 | — |
| Cynda Mullikin | Member | 1 | — |
| Reid Nelson | Member | 1 | — |
| Cynthia Smith | Member | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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