THE ORGANIZATION SEEKS TO PROMOTE AIR TRANSPORTATION, TRADE, AND ECONOMIC DEVELOPMENT FOR THE BENEFIT OF THE HOUSTON AIRPORT SYSTEM AND TO PROVIDE SERVICES, SUCH AS AIRPORT TECHNICAL ADVISORY SERVICES AND PERSONNEL TRAINING, TO AIRPORTS AROUND THE WORLD.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.7M
+9.4% YoY
Annual Giving
$817K
-21.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$817K
-21.7% YoY
About Has Development Corporation
Based on IRS filings
Has Development Corporation is a nonprofit organization focused on Public, Societal Benefit, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25.7M in total assets. In 2024, it awarded 1 grants totaling $817K. Net investment income was $4.0M.
Focus Areas
Ready to take the next step with Has Development Corporation?
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 | $25,702,953 | $23,489,645 | $19,888,772 |
| Revenue | $4,778,037 | $6,600,717 | $3,684,253 |
| Expenses | $2,462,905 | $2,946,772 | $3,728,108 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,973,675 | $5,334,467 | $2,359,248 |
| 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
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hamilton Sundstrand Corporation ($816,647).
| Recipient | Purpose | Amount |
|---|---|---|
| HAMILTON SUNDSTRAND CORPORATION CHARLOTTE, NC | TO PROMOTE GROWTH OF THE AEROSPACE INDUSTRY IN HOUSTON AND SPECIFICALLY THE HOUSTON SPACEPORT, TO INCREASE EMPLOYMENT IN HOUSTON IN GENERAL AND SPECIFICALLY IN THE AEROSPACE INDUSTRY AND TO PROMOTE ECONOMIC ACTIVITY AND GROWTH IN HOUSTON. | $816,647 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JIM SZCZESNIAK | CHAIRMAN OF THE BOARD | 0.5 | — |
| MICHAEL COX | VICE CHAIRMAN | 0.5 | — |
| ASTLEY BLAIR | SECRETARY AND TREASURER | 0.5 | — |
| ADA C SILVA | CFO & ASSISTANT TREASURER | 40 | $259,560 |
| AGUSTIN ARELLANO | PRESIDENT & CEO | 40 | $362,303 |
| EDUARDO IGLESIAS | CHIEF LEGAL OFFICER & ASSISTANT SEC. | 40 | $275,783 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Has Development Corporation?
Has Development Corporation is a nonprofit organization focused on Public, Societal Benefit, based in HOUSTON, TX. It holds $25.7M in total assets as of 2024.
How large is Has Development Corporation?
As of 2024, Has Development Corporation holds $25.7M in total assets with $4.8M in annual revenue. It awarded 1 grants totaling $817K in 2024.
Where does Has Development Corporation operate?
Has Development Corporation has awarded grants in North Carolina, Texas.
What size grants does Has Development Corporation award?
In 2024, Has Development Corporation awarded 1 grants totaling $817K — an average of about $817K per grant, based on its IRS Form 990 filings.
What is Has Development Corporation's EIN?
Has Development Corporation's EIN (Employer Identification Number) is 74-3027286. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Has Development Corporation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Shell Usa Company Foundation
HOUSTON, TX
Assets
$52.3M
Grants
4,650
Total Given
$16.0M
Texas Instruments Foundation
DALLAS, TX
Assets
$73.0M
Grants
4,484
Total Given
$22.6M
Communities Foundation of Texas Inc
DALLAS, TX
Assets
$1.0B
Grants
2,182
Total Given
$143.6M
Greater Houston Community Foundation
HOUSTON, TX
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
Celanese Foundation
IRVING, TX
Assets
—
Grants
1,423
Total Given
$1.8M
Once Upon a Time Foundation
FORT WORTH, TX
Assets
$276.7M
Grants
1,039
Total Given
$10.7M
Baker Hughes Foundation
HOUSTON, TX
Assets
$2.2M
Grants
990
Total Given
$3.2M
Bnsf Railway Foundation
FORT WORTH, TX
Assets
$1.7M
Grants
920
Total Given
$6.1M
Community Foundation of North Texas (tax
FORT WORTH, TX
Assets
$544.9M
Grants
872
Total Given
$41.3M
The Houston Food Bank
HOUSTON, TX
Assets
$156.8M
Grants
866
Total Given
$282.6M
Michael & Susan Dell Foundation
AUSTIN, TX
Assets
—
Grants
835
Total Given
$164.6M
American Heart Association Inc
DALLAS, TX
Assets
$1.9B
Grants
794
Total Given
$227.6M
More Funders in Texas
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Has Development Corporation 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