The Glass-Belmont Foundation

Foundation · Grantmaker Houston, TX EIN: 31-1699626

The Glass-Belmont Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. IRS filing data is available from 2018 through 2024. As of 2024, the organization holds $143K in total assets. In 2024, it awarded 7 grants totaling $8K. Net investment income was $5K.

Key facts about The Glass-Belmont Foundation

EIN: 31-1699626
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $8,000
Grants made (2024): 7
Average grant: $1,143
Median grant: $1,000
Total assets: $142,712
Primary geography: Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who The Glass-Belmont Foundation funds

By grant dollars, the top recipient states for The Glass-Belmont Foundation's 7 itemized 2024 grants were Texas (100%). The most frequent recipient cities were Houston, TX (7 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Support Purpose of the Foundation" (7 grants).

How The Glass-Belmont Foundation gives

In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Glass-Belmont Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$143K

+212.0% YoY

Annual Giving

$8K

+166.7% YoY

Grant Count

+600.0% YoY

Avg Grant Size

$1K

-61.9% YoY

Under IRS private-foundation payout rules, The Glass-Belmont Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About The Glass-Belmont Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $8K (100%)

Share of all 7 itemized 2024 grant dollars.

States

Texas

Cities

Houston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$142,712	$45,743	$46,256
Revenue	$107,339	$3,600	$-1,604
Expenses	$9,413	$4,113	$1,568
Qualifying Distributions	$8,000	$3,059	—
Net Investment Income	$5,395	$2,487	$311
Distributable Amount	$8,052	$2,451	—

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2018–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Chamber Music Houston ($2,000), Baylor College of Medicine ($1,000), Emergency Aid Coalition ($1,000).

Recipient	Purpose	Amount
CHAMBER MUSIC HOUSTON Houston, TX	TO SUPPORT PURPOSE OF THE FOUNDATION	$2,000
BAYLOR COLLEGE OF MEDICINE Houston, TX	TO SUPPORT PURPOSE OF THE FOUNDATION	$1,000
EMERGENCY AID COALITION Houston, TX	TO SUPPORT PURPOSE OF THE FOUNDATION	$1,000
SEARCH HOMELESS SERVICES Houston, TX	TO SUPPORT PURPOSE OF THE FOUNDATION	$1,000
HOUSTON FOOD BANK Houston, TX	TO SUPPORT PURPOSE OF THE FOUNDATION	$1,000
INTERFAITH MINISTRIES Houston, TX	TO SUPPORT PURPOSE OF THE FOUNDATION	$1,000
HOUSTON CIVIC SYMPHONY Houston, TX	TO SUPPORT PURPOSE OF THE FOUNDATION	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
John W Belmont	President	0.25	—
Nancy L Glass	Treasurer	0.25	—
Susan Gardner	Trustee	0.25	—
Susan Fernbach	Trustee	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Glass-Belmont Foundation?

The Glass-Belmont Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. It holds $143K in total assets as of 2024.

How large is The Glass-Belmont Foundation?

As of 2024, The Glass-Belmont Foundation holds $143K in total assets with $107K in annual revenue. It awarded 7 grants totaling $8K in 2024.

Where does The Glass-Belmont Foundation operate?

The Glass-Belmont Foundation has awarded grants in Texas.

What size grants does The Glass-Belmont Foundation award?

In 2024, The Glass-Belmont Foundation awarded 7 grants totaling $8K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is The Glass-Belmont Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Glass-Belmont Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.