The Ellwood Foundation
The Ellwood Foundation is a private foundation based in Houston, Texas, established as a trust in 1958 and designated as a 501(c)(3) organization in 1962. The foundation operates as an independent grantmaking organization supporting charitable causes primarily in Texas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42.1M
+5.9% YoY
Annual Giving
$2.7M
-5.3% YoY
Grant Count
66
-1.5% YoY
Avg Grant Size
$41K
-3.9% YoY
Mission & Focus Areas
The foundation's primary areas of interest are medical research and education, with particular emphasis on mental health. Types of support provided include research, project support, general support, equipment funding, and building funds.
Grantmaking
The foundation is an active grantmaker with significant annual giving activity:
Grant Range
**: $10,000 to $160,000
Average Grant
Amount**: $41,000
Ready to take the next step with The Ellwood Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, with particular concentration in the Houston area. Of 66 grants awarded in 2024, 58 were to Houston-based organizations, with additional grants to organizations in Bellaire, Brookshire, Fort Worth, Hockley, Manchaca, Navasota, and Richmond, Texas, as well as one grant to an organization in University, Mississippi.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $42,121,644 (as of 2024)
Revenue (Fiscal Year 2024):
- Total revenues: $5,428,294
- Investment income and dividends: $1,338,411
- Net gain from sale of non-inventory assets: $3,888,944
Expenses: $3,091,748 (2024)
Liabilities: $0
The foundation maintains a strong financial position with no outstanding liabilities and generates revenue primarily through investment income and asset sales.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,121,644 | $39,785,098 | $39,772,151 |
| Revenue | $5,428,294 | $3,263,944 | $4,416,715 |
| Expenses | $3,091,748 | $3,185,130 | $3,056,071 |
| Qualifying Distributions | $2,675,000 | $2,825,000 | $2,675,000 |
| Net Investment Income | $5,196,962 | $3,053,853 | $4,416,715 |
| Distributable Amount | $2,868,402 | $2,665,286 | $2,829,539 |
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
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by three trustees:
- Raymond L Brown
- M Lee Hightower
- HW Hightower Jr
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAYMOND L BROWN | TRUSTEE | — | — |
| M LEE HIGHTOWER | TRUSTEE | — | — |
| HW HIGHTOWER JR | TRUSTEE | — | — |
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Harold D Miller Endowment Fund
DALLAS, TX
Assets
$890K
Grants
1
Total Given
$44K
Amarillo Business Foundation
AMARILLO, TX
Assets
$4.2M
Grants
13
Total Given
$222K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Ellwood Foundation 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