Harmon Family Foundation

HOUSTON, TX EIN: 76-0398243

Harmon Family Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $651K in total assets. In 2024, it awarded 7 grants totaling $35K. Net investment income was $36K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$651K

+15.4% YoY

Annual Giving

$35K

-6.1% YoY

Grant Count

+40.0% YoY

Avg Grant Size

$5K

-32.9% YoY

Under IRS private-foundation payout rules, Harmon Family Foundation reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.

About Harmon Family Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $91K (71%)

Maryland $21K (17%)

Kentucky $15K (12%)

States

Kentucky Maryland Texas

Cities

BethesdaHoustonHumbleLouisvilleLubbockSpringSugar Land

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$651,044	$564,087	$468,521
Revenue	$325,028	$327,172	$324,089
Expenses	$237,881	$231,606	$256,221
Qualifying Distributions	$226,791	$221,358	$249,329
Net Investment Income	$35,506	$14,680	$29,101
Distributable Amount	$57,903	$49,548	$47,394

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

18 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include So Texas Pga Foundation - Pga Reach ($19,000), Cystic Fibrosis Foundation ($6,250), First Tee of Louisville ($5,000).

Recipient	Purpose	Amount
JESSE DROEMER SUGAR LAND, TX	GOLF SPONSORSHIP	$1,500
CYSTIC FIBROSIS FOUNDATION BETHESDA, MD	SPONSORSHIP FOR GENERAL FUND	$6,250
EDDIE BURKE SR MEMORIAL FOUNDATION HOUSTON, TX	GOLF TOURNAMENT SPONSORSHIP2021 EVENT	$1,880
FIRST TEE OF LOUISVILLE LOUISVILLE, KY	JUNIOR GOLF PROGRAMS & GENERAL FUND	$5,000
SO TEXAS PGA FOUNDATION - PGA REACH SPRING, TX	GOLF SCHOLARSHIPS	$19,000
PARSLEY CHARITY GOLF CLASSIC HOUSTON, TX	GOLF TOURNAMENT SPONSORSHIP	$1,000
GARRETT MARTIN LUBBOCK, TX	JR GOLFER	$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
HEIDI HARMON POTTER	SECRETARY	—	—
NANCY HARMON	PRESIDENT	2	—
RICK HARMON	VICE-PRESIDENT	—	—
CHRIS HARMON	VICE-PRESIDENT	—	—

Frequently Asked Questions

How large is Harmon Family Foundation?

As of 2024, Harmon Family Foundation holds $651K in total assets with $325K in annual revenue. It awarded 7 grants totaling $35K in 2024.

Where does Harmon Family Foundation operate?

Harmon Family Foundation has awarded grants in Kentucky, Maryland, Texas.

What size grants does Harmon Family Foundation award?

In 2024, Harmon Family Foundation awarded 7 grants totaling $35K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Harmon Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Harmon Family Foundation reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.