The Glassell Family Foundation Inc
The Glassell Family Foundation Inc is a private foundation based in Houston, Texas, established in 1990. The foundation is a 501(c)(3) organization with a focused mission supporting specific educational and cultural initiatives in the Houston area.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36.7M
-5.9% YoY
Annual Giving
$4.1M
+43.0% YoY
Grant Count
22
+22.2% YoY
Avg Grant Size
$184K
+17.0% YoY
Mission & Focus Areas
The foundation's primary purpose is to support the Houston Livestock Show and Rodeo in Houston, Texas, specifically for a school art program. The foundation's grantmaking also encompasses education, philanthropy, voluntarism, and human services.
Grantmaking
The foundation maintains an active grantmaking program with the following characteristics:
Grant Range
**: $143 to $600,000
Average Grant
Amount**: Approximately $147,997
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Geographic Focus
Where this funder awards grants
While headquartered in Houston, Texas, the foundation makes grants nationally, with documented giving in Texas, California, Florida, Illinois, Maryland, and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent available filings:
- Total Assets: $36,662,800 to $38,978,111
- Total Giving: $2,835,573 to $4,054,231
- Total Revenue: $1,488,801
- Total Expenses: $3,431,750
- Net Income: -$1,942,949 (2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $36,662,800 | $38,978,111 | $42,316,440 |
| Revenue | $5,516,247 | $1,488,801 | $2,567,581 |
| Expenses | $4,742,408 | $3,431,750 | $3,393,543 |
| Qualifying Distributions | $4,054,231 | $2,835,573 | $2,788,313 |
| Net Investment Income | $4,984,484 | $1,204,364 | $2,131,228 |
| Distributable Amount | $3,483,932 | $3,235,189 | $3,209,473 |
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
102 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
- Alfred C Glassell III - President ($210,000)
- Pamela S Lindberg - Secretary ($3,000)
- Eric Wade - Vice-President ($3,000)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALFRED C GLASSELL III | PRESIDENT | — | $240,000 |
| PAMELA S LINDBERG | SECRETARY | — | $3,500 |
| eric wade | vice-president | — | $3,500 |
Recent News & Activity
Recent developments and announcements
The Glassell Family Foundation made a significant gift to the University of Miami's Rosenstiel School to launch a new era in marine biomedicine research. The foundation has also been active in supporting arts initiatives, with grants supporting artists with Texas connections through various arts funding programs.
Glassell Family gift launches new era in marine biomedicine at RosenstielRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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