Greater Houston Community Foundation provides comprehensive service to private foundations and grantmaking nonprofit organizations. Our capabilities range from full administration management and financial accounting for foundations to grants management and strategic consulting for any organization looking to establish a grantmaking program.
Why Foundations and Nonprofits Choose Greater Houston Community Foundation
When you partner with Greater Houston Community Foundation, you gain access to a suite of services structured to simplify the operation of your organization.
Endowed Donor Advised Funds
In many cases, it may make sense for a family to convert a private foundation to an endowed donor advised fund in order to increase giving efficiency and grant flexibility, increase privacy, and/or decrease overhead expenses. This is often a consideration with the passing of a generation or when a long-time administrator retires. As Houston philanthropy experts, Greater Houston Community Foundation can assist in the conversion and help guide your giving to the causes that mean the most to you.
Grants Management
Greater Houston Community Foundation offers a suite of services to help you establish or strengthen a grants management strategy, including recommending grants that align with your core values, creating an online grants management process for application submissions and reporting, and working to ensure that your efforts achieve your long-term goals.
Administrative Services for Private Foundations
Think of Greater Houston Community Foundation as your back office. We offer full administrative and financial accounting services alongside strategic consulting to sharpen your philanthropic efforts, ensuring your foundation’s impact for generations to come.
Endowment and Investment Management
To help you generate the greatest possible impact on our community, we offer a service allowing nonprofits to participate in Greater Houston Community Foundation’s investment program. By opening a Partners In Philanthropy Account, your nonprofit gains access to a time-tested institutional investment process that includes diversification opportunities, a risk-mitigated portfolio, and oversight by a committee of some of the finest institutional investment management minds in the city.
Agency funds are established by a nonprofit organization to support its own charitable mission. An agency fund can also be the repository and support of your nonprofits annual campaign, capital campaign, or special programs. The agency fund may also be used to establish a permanent endowment fund for your organization’s ongoing financial support.
Strategic Philanthropy
Have an idea for a philanthropic initiative that would raise funds and distribute to areas of our community in need? A desire to collaborate with other institutional funds including foundations, corporations and government entities, but no clear path forward? Greater Houston Community Foundation can leverage our giving vehicles and institutional expertise to establish a fund that works for you to accept charitable dollars and execute a grantmaking strategy.