The Michael & Rebecca Cemo Foundation is a private foundation focused on Education, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.9M in total assets. In 2024, it awarded 17 grants totaling $625K. Net investment income was $2.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.9M
+79.5% YoY
Annual Giving
$625K
+30.5% YoY
Grant Count
17
+112.5% YoY
Avg Grant Size
$37K
-38.6% YoY
Under IRS private-foundation payout rules, The Michael & Rebecca Cemo Foundation reported a distributable amount of $766K for 2024 — the minimum it must pay out in qualifying distributions.
About The Michael & Rebecca Cemo Foundation
Based on IRS filings
The Michael & Rebecca Cemo Foundation is a private foundation focused on Education, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.9M in total assets. In 2024, it awarded 17 grants totaling $625K. Net investment income was $2.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,937,749 | $7,765,644 | $8,017,852 |
| Revenue | $6,867,456 | $269,120 | $125,705 |
| Expenses | $695,351 | $521,328 | $683,679 |
| Qualifying Distributions | $625,000 | $479,000 | $619,000 |
| Net Investment Income | $2,261,891 | $121,917 | $56,151 |
| Distributable Amount | $766,140 | $414,766 | $441,465 |
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
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Houston ($180,000), Street Art for Mankind ($120,000), Houston Methodist Hospital Foundation ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOUSTON METHODIST HOSPITAL FOUNDATION HOUSTON, TX | GENERAL OPERATING EXPENSES | $50,000 |
| HOUSTON PUBLIC MEDIA HOUSTON, TX | GENERAL OPERATING EXPENSES | $40,000 |
| HOUSTON SPCA HOUSTON, TX | GENERAL OPERATING EXPENSES | $20,000 |
| MICHAEL J FOX FOUNDATION NEW YORK, NY | GENERAL OPERATING EXPENSES | $10,000 |
| UNIVERSITY OF HOUSTON HOUSTON, TX | CEMO HALL SUPPORT | $180,000 |
| BRIDGE YEAR HOUSTON, TX | GENERAL OPERATING EXPENSES | $10,000 |
| IRAQ AND AFGHANISTAN VETERANS OF AMERICA WASHINGTON, DC | GENERAL OPERATING EXPENSES | $20,000 |
| INTERFAITH MINISTRIES HOUSTON, TX | GENERAL OPERATING EXPENSES | $15,000 |
| BROTHER WOLF ANIMAL RESCUE ASHEVILLE, NC | GENERAL OPERATING EXPENSES | $25,000 |
| RIVERBANK ORGANIZATION SAN JUAN CAPISTRANO, CA | GENERAL OPERATING EXPENSES | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REBECCA A CEMO | PRESIDENT | 1 | — |
| STEPHANIE C CEMO | DIRECTOR | 1 | — |
| JASON M CEMO | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Michael & Rebecca Cemo Foundation?
The Michael & Rebecca Cemo Foundation is a private foundation focused on Education, based in HOUSTON, TX. It holds $13.9M in total assets as of 2024.
How large is The Michael & Rebecca Cemo Foundation?
As of 2024, The Michael & Rebecca Cemo Foundation holds $13.9M in total assets with $6.9M in annual revenue. It awarded 17 grants totaling $625K in 2024.
Where does The Michael & Rebecca Cemo Foundation operate?
The Michael & Rebecca Cemo Foundation has awarded grants in California, District of Columbia, Florida, Maine, North Carolina, New York, Texas.
What size grants does The Michael & Rebecca Cemo Foundation award?
In 2024, The Michael & Rebecca Cemo Foundation awarded 17 grants totaling $625K — an average of about $37K per grant, based on its IRS Form 990 filings.
How much is The Michael & Rebecca Cemo Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Michael & Rebecca Cemo Foundation reported a distributable amount of $766K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Michael & Rebecca Cemo Foundation's EIN?
The Michael & Rebecca Cemo Foundation's EIN (Employer Identification Number) is 76-0537009. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Michael & Rebecca Cemo Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.