The Gordon & Mary Cain Foundation

Private foundation · Grantmaker Houston, TX EIN: 76-0251558

The Gordon & Mary Cain Foundation is a private foundation, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 2 grants totaling $7.0M. Net investment income was $44K.

Key facts about The Gordon & Mary Cain Foundation

In short: The Gordon & Mary Cain Foundation gave $7.0M across 2 grants in 2024 (avg $3.5M), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN
76-0251558
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$7,000,000
Grants made (2024)
2
Average grant
$3,500,000
Median grant
$3,500,000
Total assets
$1,795,559
Primary geography
Texas (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

-42.2% YoY

Annual Giving

$7.0M

Grant Count

2

Avg Grant Size

$3.5M

Under IRS private-foundation payout rules, The Gordon & Mary Cain Foundation reported a distributable amount of $109K for 2024 — the minimum it must pay out in qualifying distributions.

How The Gordon & Mary Cain Foundation gives

  • Giving grew 69900% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 2 itemized 2024 grant dollars.

States

Cities

Houston

Giving Over Time

Total grant dollars and number of grants per year

$0$25M$50M$75M$100M1 grants20201 grants20213 grants20220 grants20232 grants2024

From 2020 to 2024, annual grant giving ranged from $10K (2021) to $90.8M (2022). In 2024 it made 2 grants totaling $7.0M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

The Mary H Cain Foundation: $3.5MThe Mary H Cain Foundation$3.5MThe Gordon a Cain Foundation: $3.5MThe Gordon a Cain Foundation$3.5M

The largest 2024 recipient was The Mary H Cain Foundation ($3.5M). Together the top 2 received $7.0M.

Grant Size Distribution

7 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M2$1–5M2$5M+

The most common grant size was under $50K: 3 grants of 7 (43%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Mary H Cain Foundation Houston, TXCharitable, Scientific, Literary or Educational Purposes$3,500,000
The Gordon a Cain Foundation Houston, TXCharitable, Scientific, Literary or Educational Purposes$3,500,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50M$100M$150M20202021202220232024
Metric202420232022
Total Assets$1,795,559$3,107,092$2,174,721
Revenue$5,724,950$758,294$92,802,113
Expenses$7,001,795$53,843$90,853,640
Qualifying Distributions$7,000,000—$90,839,111
Net Investment Income$44,340—$173,314
Distributable Amount$109,411$108,722$1,128,098

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Gordon & Mary Cain Foundation is led by James D. Weaver, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • James D. Weaver

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lucy Chatham

    Director

    On filings since 2022

    No compensation reported

  • Margaret W. Weaver

    Vice President

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Mary H. Cain (2020–2021) — Vice President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Gordon & Mary Cain Foundation

How much does The Gordon & Mary Cain Foundation give each year?

The Gordon & Mary Cain Foundation gave $7.0M across 2 grants in 2024, according to its 2024 IRS Form 990-PF.

How large is The Gordon & Mary Cain Foundation?

The Gordon & Mary Cain Foundation reported $1.8M in total assets on its 2024 IRS Form 990-PF. It paid out $7.0M in qualifying distributions that year, against a required minimum of $109K (roughly 5% of its investment assets).

Where does The Gordon & Mary Cain Foundation operate?

The Gordon & Mary Cain Foundation has awarded grants in Texas.

What is The Gordon & Mary Cain Foundation's EIN?

The Gordon & Mary Cain Foundation's EIN (Employer Identification Number) is 76-0251558. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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