Public Charity

ALTUS FOUNDATION

ALTUS FOUNDATION is a Public Charity headquartered in HOUSTON, TX. Financial data from the 2020 filing: $665K revenue, $516K expenses, $604K total assets. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $28K.

EIN: 452751486 HOUSTON, TX Public Foundations NTEE: T30 Latest filing: 2020
Total Revenue$665K
Total Expenses$516K
Total Assets$604K
Grants Given2
Grant Total$28K
Filing Years2017–2020

Mission

THE CORPORATION MISSION IS TO DEVELOP RESOURCES FOR PATIENTS IN NEED OF SERVICES THROUGH AN ALTUS HEALTHCARE FACILITY OR SERVICE UTILIZING PHILANTHROPIC SUPPORT AND PATIENT & COMMUNITY EDUCATIONAL PROGRAMS. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES.WITHIN THE SCOPE OF THIS PURPOSES, THE CORPORATION'S PRIMARY PURPOSE AND FOCUS WILL BE TO MAKE DISTRIBUTIONS FOR CHARITABLE AND EDUCATIONAL PURPOSES.

Sample Grants Given

OTHERS
2017
$20,750
IRVINE, CA · 2017
$7,270

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

PRESIDENT Anil Motwani
TREASURER Chester Pitts
MEMBER Gordan Quan
MEMBER Hamid Razavi
CHAIRMAN Taseer Badar

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$28,020 2 grants

Financial Trends

Year Revenue Expenses Assets
2020 $665K $516K $604K
2019 $1.4M $966K $489K
2018 $1.1M $958K $505K
2017 $1.0M $1.2M $238K

Between 2017 and 2020, reported annual revenue declined from $1.0M to $665K (-36%), with total assets most recently reported at $604K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA.

CA

Full geographic grant map with state-by-state breakdown available with membership.

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