The Houston Fund for Social Justice
type: exa:news title: $65000 Grants Available in Houston. Applications start Aug 9th type: exa:news title: Houston Fund for Social Justice and Economic Equity and Wells Fargo Announce First Round of Open for Business Grant Recipients | Houston Style Magazine | Weekly Newspaper Publication Website
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
-59.1% YoY
Annual Giving
$2.2M
Grant Count
73
Avg Grant Size
$30K
Mission & Focus Areas
The fund's mission centers on enacting significant improvements in Black communities through strategic investments. The organization focuses on supporting minority-owned small businesses and nonprofits, with particular emphasis on organizations serving historically underserved populations.
Grantmaking
The Houston Fund administers grant programs funded by external partners, most notably the "Open for Business" grant program funded by Wells Fargo.
Grant Range
s & Awards:**
How to Apply
**
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Geographic Focus
Where this funder awards grants
The Houston Fund focuses exclusively on the Houston area, with all funded organizations and businesses required to be located within Houston city limits.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $6,689,654
- Total Giving (3 Years): $12.6 million
- Total Giving (Most Recent Year): $7,936,863
- Typical Grant Range: $10,000 to $48,000
- Executive Compensation: $181,329
- Professional Fundraising Fees: $0
- Other Salaries and Wages: $500
- Staff Size: One employee
The organization has spent an impressive sum of $5,397,822 toward its mission.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,737,540 | $6,689,654 | $15,670,102 |
| Revenue | $1,161,951 | $846,038 | $712,498 |
| Expenses | $5,181,592 | $9,964,071 | $5,674,237 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $230,574 | $489,171 | $246,633 |
| 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 10 recipients in 2024
Grant Size Distribution
100 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
Mayor Sylvester Turner serves as Honorary Chair of the Houston Fund for Social Justice and Economic Equity. The organization was launched in May 2021 with Mayor Turner and a group of Houston business executives and civic thought leaders.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SYLVESTER TURNER | BOARD HONORARY CHAIR/DIRECTOR | 2 | — |
| THOMAS JONES | BOARD PRESIDENT/DIR. (THRU 6/1/24) | 2 | — |
| BARRON WALLACE | BOARD VICE PRESIDENT/DIRECTOR | 2 | — |
| WINELL HERRON | BOARD TREASURER/DIRECTOR | 2 | — |
| STEPHANIE NELLONS-PAIGE | BOARD SECRETARY/DIRECTOR | 2 | — |
| GERALD ALLEY | DIRECTOR | 2 | — |
| GAURDIE BANISTER JR | DIRECTOR | 2 | — |
| PAUL CANNINGS | DIRECTOR | 2 | — |
| SHAUNA CLARK | DIRECTOR | 2 | — |
| VANESSA GILMORE | DIRECTOR | 2 | — |
| BERNARD HARRIS | DIRECTOR | 2 | — |
| L'SHERYL HUDSON | DIRECTOR | 2 | — |
| ELLIOTT JOHNSON | DIRECTOR | 2 | — |
| RAQUEL OLIVIER | DIRECTOR | 2 | — |
| KIMBERLY SLAUGHTER | DIRECTOR | 2 | — |
| VALERIE MARSHALL WILLIAMS | DIRECTOR | 2 | — |
| DR GENA JERKINS | EXECUTIVE DIRECTOR | 40 | $208,037 |
Recent News & Activity
Recent developments and announcements
The Houston Fund announced the second phase of its "Open for Business" grant program in May 2023, making $8 million available to minority-owned small businesses and nonprofits in the Houston area. This represented an expansion from the first phase in 2022, which distributed $5 million to local recipients. The fund continues to partner with Wells Fargo to administer these grant programs.
Wells Fargo - FacebookSubject Areas
Focus areas based on grantmaking activity
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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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