A private foundation provides high levels of control over the terms of giving, investment objectives, and tax structuring. With that comes many operational complexities that can distract your attention from making an impact. Greater Houston Community Foundation is your turn-key solutions provider. We partner with clients to take on the comprehensive strategic and administrative items so that you can keep your focus on fulfilling your foundation’s mission.
How Greater Houston Community Foundation Can Support Your Private Foundation or Nonprofit
Your existing private foundation or philanthropic organization can partner with our multidisciplinary team via a highly personalized approach. Together, we help you navigate complex giving, create or refine your philanthropic strategy, streamline operational items, and plan for perpetuity and/or next-generation succession.
Whether you need support in one area or all, we work closely with your board and staff to ensure that your grantmaking strategy and philanthropic outcomes achieve your desired goals and fulfill your organization’s vision.
Strategic Design and Focus
Greater Houston Community Foundation works with you to identify key areas of impact, focus your giving strategies, and research current trends in your key areas of interest by facilitating strategic planning sessions with your foundation board. Throughout these sessions, we will work together to define or refine your desired future-state via your mission, vision, values, and grant guidelines — enabling your foundation to create relevant and lasting impact in your community.
Board Governance and Administration
Our services include everything from setting the board meeting date, time, and location to preparing the agenda and minutes of the meeting. We want to help you keep your focus where it matters most, so our team works with the foundation’s leadership to set the agenda, coordinate calendars, handle communication prior to, at and following meetings, and prepare materials and reports.
Grant Management and Administration
Through our foundation services, Greater Houston Community Foundation assists private foundations and nonprofits through grantmaking. We handle all parts of the grantmaking process including reviewing grant requests, verifying tax-exemption status, preparing grant summaries, processing award letters, and measuring and evaluating grant results.
If you want to retain your existing team, our staff will work closely with them to ensure that your grantmaking strategy and philanthropic platform remain consistent.
Accounting and Tax Preparation
At Greater Houston Community Foundation, our team is equipped to handle your foundation or nonprofit’s accounting matters including the stewardship of funds, managing day-to-day operations, working with your existing accountants and advisors, preparing financial reports, and coordinating annual audits. Above all, we’re here to help ensure that your dollars are being leveraged in a way that encourages positive change within our community.