THE PROMOTION OF PILGRIMAGES, TOURS AND RETREATS TO THE HOLY LAND. THE FOUNDATION ALSO MAKES DONATIONS TO OTHER RELIGIOUS FOUNDATIONS, AND PROMOTES THE ORGANIZATION OF ENCOUNTERS BETWEEN LEADERS OF THE DIFFERENT RELIGIONS, NATIONAL AND ETHNIC GROUPS IN THE HOLY LAND THAT FOSTER MUTUAL UNDERSTANDING AND SPIRIT OF COLLABORATION AND DIALOGUE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$749K
-46.4% YoY
Annual Giving
$660K
-85.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$660K
-85.3% YoY
About New Gate to Peace Foundation
Based on IRS filings
New Gate to Peace Foundation is a nonprofit organization focused on Religion Related, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $749K in total assets. In 2024, it awarded 1 grants totaling $660K. Net investment income was $5K.
Focus Areas
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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 | $749,160 | $1,397,785 | $2,813,618 |
| Revenue | $2,388,280 | $7,712,396 | $4,209,130 |
| Expenses | $2,112,064 | $8,686,558 | $5,164,996 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,720 | $3,460 | $567 |
| 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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GABRIEL SOTRES | VICE PRESIDENT | 2 | — |
| JOSE GERARDO CARDENAS | SECRETARY/TREASURER | 2 | — |
| MICHAEL BRISSON | DIRECTOR | 2 | — |
| JUAN MARIA SOLANA | DIRECTOR | 2 | — |
| LUIS MANUEL GUTIERREZ | DIRECTOR | 2 | — |
| Guillermo Garca | DIRECTOR | 2 | — |
| FRANK FORMOLO | PRESIDENT | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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