James and Molly Crownover Foundation

HOUSTON, TX EIN: 76-0700578

The James and Molly Crownover Family Foundation is a private foundation based in Houston, Texas, established in 2003. The foundation operates as a 501(c)(3) organization with tax-exempt status.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

-12.0% YoY

Annual Giving

$374K

-12.7% YoY

Grant Count

21

-12.5% YoY

Avg Grant Size

$18K

-0.2% YoY

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

Mission & Focus Areas

The foundation's mission statement has not been publicly disclosed. However, based on grant activity, the foundation supports:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Cultural institutions and the arts

Grantmaking

The foundation also supports Houston Grand Opera and other cultural and philanthropic organizations.

Grant Range

$1,000–$134,035

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Texas, New York, and California.

Grant Distribution by State

5states

Cities

AustinDallasHoustonNew YorkRutherfordRye BrookSt HelenaStanfordVirginia BeachWashington

Financial History

Multi-year comparison from IRS filings

Metric Amount Year
Total Assets $1,593,363 2024
Total Giving $374,447 2024
Total Revenues $49,312 2024
Total Expenses $374,447 2024

The foundation has no employees and operates as a private foundation.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$667K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$1,593,363$1,811,330$1,638,384
Revenue$49,312$517,875$389,967
Expenses$374,447$428,836$295,150
Qualifying Distributions$374,447$428,836$289,951
Net Investment Income$49,312$517,875$75,545
Distributable Amount$176,499$142,171$135,328

Giving Over Time

Total grant dollars and number of grants per year

$0$107K$214K$322K$429K13 grants202023 grants202121 grants202224 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HOUSTON GRAND OPERA$97KRICE UNIVERSITY$64KRICE UNIVERSITY$60KUNITED WAY OF HOUSTON$45KAMERICAN HOSPITAL OF PARIS$27KASIA SOCIETY OF TEXAS$15KHOUSTON BALLET$10KHOUSTON METHODIST SOCIET…$10KHOUSTON PARKS BOARD$5KST HELENA HOSPITAL FOUND…$5K

Grant Size Distribution

102 grants across all recorded years

92<$50K7$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

James W. Crownover is a former Senior Partner of McKinsey & Company, a worldwide management consulting firm. He graduated from Rice University with honors and a degree in chemical engineering, and earned an MBA from Stanford Graduate School of Business in 1968. His 30-year career with McKinsey included building the firm's practice in Texas after relocating to Houston from San Francisco.

Molly Crownover serves alongside James as a foundation leader and is recognized as a longtime supporter of cultural institutions, including Houston Grand Opera.

The couple has one daughter, Corwin, a Stanford graduate and software engineer.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES CROWNOVERDIRECTOR0.1
MOLLY CROWNOVERDIRECTOR0.1
CORWIN CROWNOVERDIRECTOR

Recent News & Activity

Recent developments and announcements

2022

James and Molly Crownover chaired Houston Grand Opera's Opening Night performance of *La Traviata* in October 2022, which marked a post-pandemic return to gathering donors with the cast and creative team for dinner and was noted as the organization's largest opening night affair at that time.

James And Molly Crownover Family Foundation - Full Filing

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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