John P McGovern Foundation

HOUSTON, TX EIN: 74-6053075

The John P McGovern Foundation is a private foundation based in Houston, Texas, designated as a 501(c)(3) organization. The foundation has been tax-exempt since March 1963 and operates as a grantmaking institution focused on philanthropic support in the medical and healthcare sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$138.4M

+10.3% YoY

Annual Giving

$23.6M

+262.5% YoY

Grant Count

244

+15.6% YoY

Avg Grant Size

$97K

+213.5% YoY

Under IRS private-foundation payout rules, John P McGovern Foundation reported a distributable amount of $6.6M for 2024 — the minimum it must pay out in qualifying distributions.

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

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking has a significant presence in Texas, with notable funding directed toward institutions in the Houston area and the broader state.

Grant Distribution by State

Texas $7.7M (98%)

Maryland $85K (1%)

District of Columbia $38K (0%)

Illinois $22K (0%)

New York $2K (0%)

+1 more states

States

California District of Columbia Illinois Maryland Minnesota North Carolina New York Texas Wisconsin

Cities

Albert LeaAmarilloAustinBarabooBay CityBeaumontBellaireBrookshireChicagoDesert Hot SpringsElginGalvestonHempsteadHighlandsHockleyHoustonKatyKemahKingwoodLake Jackson

Financial History

Multi-year comparison from IRS filings

Based on 2023 financial data:

Total Assets: $125 million
Annual Revenue: $22.9 million
Annual Expenses: $9.35 million
Total Liabilities: $62.5 million

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$138,354,350	$125,486,624	$119,788,592
Revenue	$37,128,352	$22,899,642	$20,844,606
Expenses	$10,650,295	$9,350,082	$23,601,166
Qualifying Distributions	$24,050,343	$7,088,989	$8,702,947
Net Investment Income	$10,076,216	$5,266,468	$3,245,725
Distributable Amount	$6,592,106	$5,935,279	$6,159,377

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

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Children's Museum ($1,000,000), Baylor College of Medicine ($150,000), American Society of Addiction Medicine ($85,000).

Recipient	Purpose	Amount
3A Bereavement Foundation Houston, TX	2024-25 program support for "Kids Grieve Too Program"	$3,000
Alcohol and Drug Abuse Women's Center Galveston, TX	2024 "Angels Among Us Luncheon"	$1,500
Alcohol and Drug Abuse Women's Center Galveston, TX	Program Support	$35,000
Alcohol and Drug Abuse Women's Center Galveston, TX	General support	$1,500
Alzheimers Association Houston, TX	Walk to End Alzheimer's	$2,000
Alzheimers Association Houston, TX	2024 Ride to End ALZ - TEXAS; Team MTHCC / Methodist; Sponsored Rider Darrell Hubbard	$500
Alzheimers Association Houston, TX	Program support	$4,000
Amazing Place Houston, TX	Program support	$25,000
American Association of Colleges of Nursing Washington, DC	2024 Production of JPM Lecture Medals (11 Medals)	$758
American Festival for the Arts Houston, TX	Program support and Scholarship Fund	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
William C Shrader	President	5	$15,000
Julia Mitchell	Vice President & Secretary	20	$143,681
Sheila Lewis	Treasurer	24	$129,300

Recent News & Activity

Recent developments and announcements

The foundation has demonstrated substantial commitment to medical education and research:

**UTHealth Medical School Support:** The foundation awarded $75 million to UTHealth Medical School, reflecting a major institutional partnership. The medical school was renamed the John P. and Kathrine G. McGovern Medical School in recognition of the foundation's support.

20 Years of Grants - John P. and Kathrine G. McGovern Medical School at UTHealth

**20-Year Grant History:** The foundation has maintained a 20-year history of grants supporting the McGovern Medical School, indicating sustained commitment to the institution's development and operations.

20 Years of Grants - John P. and Kathrine G. McGovern Medical School at UTHealth

**Medical Research Funding:** The foundation supports faculty research initiatives, including grants for specialized medical research such as brain aneurysm studies conducted by McGovern Medical School faculty.

20 Years of Grants - John P. and Kathrine G. McGovern Medical School at UTHealth

Frequently Asked Questions

Where does John P McGovern Foundation make grants?

The foundation's grantmaking has a significant presence in Texas, with notable funding directed toward institutions in the Houston area and the broader state.

What size grants does John P McGovern Foundation award?

In 2024, John P McGovern Foundation awarded 244 grants totaling $23.6M — an average of about $97K per grant, based on its IRS Form 990 filings.

How much is John P McGovern Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John P McGovern Foundation reported a distributable amount of $6.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.