Gardenia Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $32.0M in total assets. In 2024, it awarded 13 grants totaling $834K. Net investment income was $1.6M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32.0M
+5.5% YoY
Annual Giving
$834K
+17.4% YoY
Grant Count
13
+30.0% YoY
Avg Grant Size
$64K
-9.7% YoY
Under IRS private-foundation payout rules, Gardenia Foundation reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.
About Gardenia Foundation
Based on IRS filings
Gardenia Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $32.0M in total assets. In 2024, it awarded 13 grants totaling $834K. Net investment income was $1.6M.
Focus Areas
Ready to take the next step with Gardenia Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $31,994,764 | $30,326,296 |
| Revenue | $2,510,010 | $31,036,296 |
| Expenses | $841,542 | $710,000 |
| Qualifying Distributions | $833,700 | $710,000 |
| Net Investment Income | $1,553,273 | $36,296 |
| Distributable Amount | $1,542,752 | $1,514,476 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Gardenia Foundation Fund ($500,000), Houston Symphony Development ($100,000), Ut Health Houston ($80,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PLANNED PARENTHOOD HOUSTON, TX | GENERAL FUND | $50,000 |
| WACGH HOUSTON, TX | GENERAL FUND | $30,000 |
| WORLD AFFAIRS COUNCIL HOUSTON, TX | GENERAL FUND | $5,000 |
| BAYOU BEND COLLECTIONS AND GARDEN HOUSTON, TX | GENERAL FUND | $7,000 |
| VICTORY HOUSTON HOUSTON, TX | GENERAL FUND | $50,000 |
| THE HERITAGE SOCIETY HOUSTON, TX | GENERAL FUND | $5,000 |
| HOUSTON BALLET HOUSTON, TX | GENERAL FUND | $2,000 |
| UT HEALTH HOUSTON HOUSTON, TX | GENERAL FUND | $80,000 |
| HOUSTON SYMPHONY DEVELOPMENT HOUSTON, TX | GENERAL FUND | $100,000 |
| INDUSTRY VOLUNTEER FIRE DEPT INDUSTRY, TX | GENERAL FUND | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| S C MORIAN | BOARD OF DIRECTORS | 1 | — |
| SARAH W DYKE | BOARD OF DIRECTORS | — | — |
| LARS K WADSTROM | BOARD OF DIRECTORS | — | — |
| MICHAEL HENRY CLARK | BOARD OF DIRECTORS | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gardenia Foundation?
Gardenia Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $32.0M in total assets as of 2024.
How large is Gardenia Foundation?
As of 2024, Gardenia Foundation holds $32.0M in total assets with $2.5M in annual revenue. It awarded 13 grants totaling $834K in 2024.
Where does Gardenia Foundation operate?
Gardenia Foundation has awarded grants in Pennsylvania, Texas, Virginia.
What size grants does Gardenia Foundation award?
In 2024, Gardenia Foundation awarded 13 grants totaling $834K — an average of about $64K per grant, based on its IRS Form 990 filings.
How much is Gardenia Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gardenia Foundation reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gardenia Foundation's EIN?
Gardenia Foundation's EIN (Employer Identification Number) is 92-4001588. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Gardenia Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Crystelle Waggoner Charitable Trust
DALLAS, TX
Assets
$13.5M
Grants
41
Total Given
$3.9M
Nelson & Debbie Fox Charitable Fdtn
LUBBOCK, TX
Assets
$329K
Grants
9
Total Given
$90K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Gardenia Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Gardenia Foundation to a real strategy.