The Mary H Cain Foundation is a private foundation established in 2007 and based in Houston, Texas. Located at 8 Greenway Plaza, Suite 606, the foundation operates with a small staff of 2 employees and functions as an independent foundation focused on philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$87.4M
+13.4% YoY
Annual Giving
$3.5M
+145.6% YoY
Grant Count
21
+10.5% YoY
Avg Grant Size
$167K
+122.2% YoY
Mission & Focus Areas
The foundation primarily funds unrestricted scholarships and supports nonprofit organizations in the Houston area. Its areas of interest include:
- Education, including higher education
- Community development, including fire departments
- Parks and recreation
- Arts and culture
Types of support provided include general operating and project support.
Grantmaking
The foundation is an active grantmaker with significant annual giving capacity. Recent grant activity includes:
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Geographic Focus
Where this funder awards grants
The foundation primarily supports nonprofit organizations in the Houston, Texas area and surrounding region.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $87,422,180
- Total revenues: $6,434,621
- Total expenses: $3,807,515
As of 2023:
- Total assets: $77,113,415
- Total giving: $1,425,000
The foundation receives significant funding support from The Gordon and Mary Cain Foundation, which granted $3,500,000 to The Mary H Cain Foundation in 2024 for charitable, scientific, literary, and educational purposes.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $87,422,180 | $77,113,415 | $67,552,052 |
| Revenue | $6,434,621 | $3,376,130 | $45,991,847 |
| Expenses | $3,807,515 | $1,729,162 | $1,927,054 |
| Qualifying Distributions | $3,500,000 | $1,425,000 | $1,425,000 |
| Net Investment Income | $2,262,506 | $2,680,676 | $436,358 |
| Distributable Amount | $4,060,086 | $3,545,539 | $1,363,564 |
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
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARGARET WEAVER | CHAIRMAN, PRESIDENT | 20 | $50,000 |
| LUCY HANES CHATHAM | DIRECTOR | — | — |
| PAMELA LYNN WOODS | SECRETARY, TREASURER | 40 | $129,299 |
Contact Information
- Telephone: 713-840-7896
- Address: 8 Greenway Plaza, Suite 606, Houston, TX 77046-0801
Subject 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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