The Austin Geriatric Center appears to focus its philanthropy on capital financing to support affordable senior housing development in its local community. Its sole recorded grant is a large, targeted loan to Family Eldercare to enable an affordable housing project in which the foundation, via a wholly owned subsidiary, will serve as managing member. This indicates a programmatic emphasis on creating or preserving housing solutions for older adults through partnership-based, project-level investments rather than broad program grants.
Highly concentrated, single large one-off capital commitment directed at a specific housing project; uses balance-sheet/loan mechanisms and active project involvement rather than multiple small grants or general operating support.
$3.8M
$44.4M
$14.5M
$4.1M
Most grants fall between $3.8M and $3.8M, with a median of $3.8M.
25th Percentile
$3.8M
Median
$3.8M
75th Percentile
$3.8M
About 100% of grants go to recipients in TX.
ROSIE MENDOZA
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Notable grantees: Family Eldercare, AGC wholly owned subsidiary (managing member of the housing project)
2024
Source: IRS Form 990-PF, fiscal year 2024.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| FAMILY ELDERCARE | AUSTIN, TX | $3,790,162 | 2024 | TO ENABLE FAMILY ELDERCARE TO MAKE A LOAN TO AN AFFORDABLE HOUSING PROJECT IN WHICH AGC THROUGH ITS WHOLLY OWNERSHIP SUBSIDIARY, IS THE MANAGING MEMBER. |
FAMILY ELDERCARE
$3,790,162TO ENABLE FAMILY ELDERCARE TO MAKE A LOAN TO AN AFFORDABLE HOUSING PROJECT IN WHICH AGC THROUGH ITS WHOLLY OWNERSHIP SUBSIDIARY, IS THE MANAGING MEMBER.