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CENTERPOINT ENERGY FOUNDATION INC

HOUSTON, TX 351950691 WWW.CENTERPOINTENERGY.COM

The CenterPoint Energy Foundation Inc, with over $74 million in assets, supports various communities across the U.S. and is led by a volunteer board including President Amanda Schmitt.

Overview

About CENTERPOINT ENERGY FOUNDATION INC

The CenterPoint Energy Foundation Inc, based in Houston, Texas, is a philanthropic organization associated with CenterPoint Energy. With assets totaling over $74 million, the foundation reported expenses of approximately $18 million and revenue of about $34 million. The foundation supports a wide range of communities across the United States, funding projects in numerous cities and states, including Texas, Minnesota, Louisiana, and many others. The foundation's leadership includes Amanda Schmitt as President, Brett A. Jerasa as Assistant Treasurer, and Mark DeBoer as Treasurer, among others. Notably, all key personnel work on a voluntary basis, receiving no compensation for their roles.

Focus Areas

N/A

Geographic Focus

ALARCADCDEFLGAIAILINKSKYLAMAMDMEMNMOMSMTNENJNYOHOKPATNTXVAWAWI
Application Status

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $74.1M
Total Awarded This Year $17.7M
Average Grant Size $36K
Total Grants (Previous Year) 117,041
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
HOUSTON, TX US
Geographic Funding Distribution

Financials

Total Assets
$74,130,417

in 2024, compared to $59,485,017 in 2023

Annual Grants
$17,678,650

488 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$1,200,000GREATER HOUSTON COMMUNITY FOUNDATIONCOMPLETE COMMUNITIES HOME REPAIR PROGRAM515 POST OAK BLVD HOUSTON, TX US2022
$1,028,305CHARITIES AID FOUNDATION AMERICAGENERAL DONATION225 REINEKERS LANE SUITE 375 ALEXANDRIA, VA US2024
$1,000,000GREATER HOUSTON COMMUNITY FOUNDATIONBETHUNE EMPOWERMENT CENTER515 POST OAK BLVD HOUSTON, TX US2022
$1,000,000UNITED WAY OF GREATER HOUSTONGENERAL DONATION50 WAUGH DRIVE HOUSTON, TX US2022
$760,000DOWNTOWN EVANSVILLE CDCGENERAL DONATION318 MAIN ST STE 400 EVANSVILLE, IN US2024
$756,836UNITED WAY OF GREATER HOUSTONGENERAL DONATION50 WAUGH DRIVE HOUSTON, TX US2024
$750,000DOWNTOWN EVANSVILLE CDC5TH AND MAIN HOUSING DEVELOPMENT318 MAIN ST STE 400 EVANSVILLE, IN US2022
$750,000STATE OF INDIANA GOVERNOR'S OFFICEINDIANA EQUITY, INCLUSION AND OPPORTUNITY INITIATIVE200 WEST WASHINGTON STREET INDIANAPOLIS, IN US2022
$750,000UNITED WAY OF GREATER HOUSTONGENERAL DONATION50 WAUGH DRIVE HOUSTON, TX US2023
$650,000UNITED WAY OF GREATER HOUSTON2020 - 2021 UNITED WAY CAMPAIGN CNP CORPORATE GIFT50 WAUGH DRIVE HOUSTON, TX US2022
1633 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
AS
AMANDA SCHMITT
PRESIDENT$02022
BAJ
BRETT A JERASA
ASSISTANT TREASURER$02022
MD
MARK DEBOER
TREASURER$02022
MN
MADELEINE NEET
SECRETARY$02022
JPW
JASON P WELLS
DIRECTOR$02022
MK
MONICA KARUTURI
DIRECTOR$02022
LH
LYNNE HARKEL-RUMFORD
DIRECTOR$02022
AS
AMANDA SCHMITT
PRESIDENT$02023
BAJ
BRETT A JERASA
ASSISTANT TREASURER$02023
MD
MARK DEBOER
TREASURER$02023
21 row(s) total.

Rows per page

Page 1 of 3

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025