Greentree Fund

HOUSTON, TX EIN: 23-7065240

Greentree Fund is a private grantmaking foundation based in Houston, Texas. Established in 1968 and granted tax-exempt status in 1971, the organization operates as a 501(c)(3) foundation with a focus on supporting education and the arts.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.6M

+8.6% YoY

Annual Giving

$512K

+29.6% YoY

Grant Count

+2.5% YoY

Avg Grant Size

$12K

+26.4% YoY

Under IRS private-foundation payout rules, Greentree Fund reported a distributable amount of $423K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary giving interests are education and the arts. Funding focus areas include arts grants, arts access and participation, creative writing, community health, and school health initiatives.

Grantmaking

The foundation maintains an active grantmaking program, though specific grant size ranges and application procedures are not detailed in available sources.

Grant Range

ranges and application procedures are not detailed in available sources.

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Geographic Focus

Where this funder awards grants

The foundation operates from Houston, Texas, with its address listed at 5130 Green Tree Road, Houston, TX 77056-1406.

Grant Distribution by State

Texas $1.4M (90%)

Pennsylvania $65K (4%)

Massachusetts $25K (2%)

New York $18K (1%)

District of Columbia $15K (1%)

Tennessee $15K (1%)

Colorado $5K (0%)

Kansas $5K (0%)

+6 more states

States

Colorado District of Columbia Georgia Kansas Louisiana Massachusetts Maryland Minnesota North Carolina Nebraska New York Pennsylvania Tennessee Texas

Cities

Albert LeaAmarilloAmericusAustinBellaireBoys TownBrookshireCambridgeColorado SpringsGarden ValleyGlarksburgHockleyHoustonLa PorteMemphisMissouri CityNew YorkPhiladelphiaRaleighSan Antonio

Financial History

Multi-year comparison from IRS filings

As of fiscal year 2023:

Total Assets: $4.2 million to $4.56 million
Total Liabilities: $513
Annual Revenue: $310,703
Annual Expenses: $504,600
Total Giving: $512,000

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,560,087	$4,200,591	$4,393,975
Revenue	$999,878	$310,703	$336,295
Expenses	$640,347	$504,600	$479,733
Qualifying Distributions	$517,885	$404,815	$381,583
Net Investment Income	$283,187	$205,171	$254,813
Distributable Amount	$422,916	$369,898	$411,967

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

140 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Orange Show Foundation ($106,000), St Martin Episcopal Church ($100,000), Asia Society Texas Center ($73,500).

Recipient	Purpose	Amount
ASIA SOCIETY TEXAS CENTER HOUSTON, TX	GENERAL SUPPORT	$73,500
BAKER INSTITUTE FOR PUBLIC POLICY - RICE UNIVERSITY MS 40 HOUSTON, TX	GENERAL SUPPORT	$35,000
BEACON (THE) HOUSTON, TX	GENERAL SUPPORT	$5,000
BOYS' TOWN BOYS TOWN, NE	GENERAL SUPPORT	$2,500
BUFFALO BAYOU PARTNERSHIP HOUSTON, TX	GENERAL SUPPORT	$2,500
CAL FARLEY'S BOYS RANCH AMARILLO, TX	GENERAL SUPPORT	$250
CHILDREN'S MUSEUM OF HOUSTON HOUSTON, TX	GENERAL SUPPORT	$27,650
COVENANT HOUSE TOPEKA, KS	GENERAL SUPPORT	$4,500
FEEDING AMERICA WASHINGTON, DC	GENERAL SUPPORT	$100
GARDEN CLUB OF HOUSTON HOUSTON, TX	GENERAL SUPPORT	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
NANCY C ALLEN	TRUSTEE	0.25	—
WILSON G ALLEN	TRUSTEE	0.25	—
EDWARD R ALLEN III	TRUSTEE	0.25	—

Contact Information

Telephone: 713-622-1295

EIN: 23-7065240

Frequently Asked Questions

What does Greentree Fund fund?

How do I apply for a grant from Greentree Fund?

**Financial Activity:** • Total assets: $4.56 million (as of 2023) • Total giving: $512,000 • Annual revenue: $310,703 (fiscal year 2023) • Annual expenses: $504,600 (fiscal year 2023) The foundation maintains an active grantmaking program, though specific grant size ranges and application procedures are not detailed in available sources.

Where does Greentree Fund make grants?

The foundation operates from Houston, Texas, with its address listed at 5130 Green Tree Road, Houston, TX 77056-1406.

What size grants does Greentree Fund award?

In 2024, Greentree Fund awarded 41 grants totaling $512K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Greentree Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Greentree Fund reported a distributable amount of $423K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.