Halliburton Foundation Inc
Halliburton Foundation Inc is a private foundation established in 1965 and based in Houston, Texas. As a company-sponsored foundation, it supports educational initiatives and charitable organizations through direct grants and employee matching gift programs. The foundation operates as a 501(c)(3) organization with tax-exempt status since September 1965.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.4M
+1.4% YoY
Annual Giving
$2.0M
-24.8% YoY
Grant Count
54
-8.5% YoY
Avg Grant Size
$38K
-17.8% YoY
Mission & Focus Areas
The foundation supports organizations involved with education, health, and health-related social services. Its grantmaking focuses on:
- Education: Elementary and secondary schools, colleges, and universities in the U.S., with particular emphasis on science, technology, engineering, and math (STEM) and business programs
- Health: A limited number of health-related grants
The foundation's work aligns with Halliburton's broader four pillars of giving: education, environment, health & safety, and social services.
Grantmaking
Notable recent grants include:
Average Grant
amount**: Approximately $29,000
How to Apply
- Applications are reviewed on a **quarterly basis**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, Louisiana, and Oklahoma. Preference is given to geographic areas where Halliburton has a presence. Grantmaking reaches organizations across 17 states, with the largest concentration in Texas, Delaware, and Pennsylvania.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $8,446,804
- Total Revenue: $2,548,496
- Total Expenses: $2,312,985
- Net Income: $235,511
- Total Liabilities: $49,000
- Total Giving: $2,035,950
Revenue Breakdown (2024):
- Contributions Received: $2,000,000
- Investment Income and Dividends: $166,156
- Net Gain from Sale of Non-Inventory Assets: $382,340
Historical Context: Total assets have decreased from $16.4 million in 2011 to $8.4 million in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,446,804 | $8,328,956 | $8,575,730 |
| Revenue | $2,548,496 | $2,464,164 | $4,138,859 |
| Expenses | $2,312,985 | $2,393,461 | $1,863,402 |
| Qualifying Distributions | $2,036,132 | $2,709,437 | $1,554,484 |
| Net Investment Income | $544,969 | $460,216 | $1,134,582 |
| Distributable Amount | $506,353 | $442,793 | $346,626 |
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
232 grants across all recorded years
Open Grants
1 open opportunity from Halliburton Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Principal Officer: Anuradha Bhatlapenumerthi
The foundation is governed by 7 officers and trustees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BECKWITH VAN H | TRUSTEE | 0.25 | — |
| CARRE ERIC | TRUSTEE | 0.25 | — |
| MILLER JEFFREY ALLEN | BOARD PRESIDENT | 0.25 | — |
| POPE LAWRENCE J | TRUSTEE | 0.25 | — |
| DE LOUW MARC | TAX OFFICER | 0.25 | — |
| JOSEFOVSKY TRACY | SECRETARY | 0.25 | — |
| MCKEON TIMOTHY M | TREASURER | 0.25 | — |
Recent News & Activity
Recent developments and announcements
The Halliburton Charitable Foundation (a separate but related entity) raised $4 million for more than 100 charities nationwide through its annual Charity Golf Tournament. Since 1993, the golf tournament has raised more than $28 million to benefit nonprofit organizations in areas of education, environment, health & safety, and social services.
Grant Halliburton Foundation Raises $300,000 at 16th Annual Beacon of HopeData last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Halliburton Foundation Inc on Grantable?
- Assess strategic fit with your organization
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