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PETE AND THOMAS FOUNDATION
NEW YORK, NY · EIN 873210040 · Form 990 · FY2024 · NTEE P20 · Human Services · Small ($100K-$1M) · peteandthomasfoundation.org
revenue
$256K
expenses
$408K
net assets
$159K
employees
0
program ratio
98%
mission · from form 990

THE PURPOSE OF THE FOUNDATION IS TO CATALYZE RESOURCES TO EFFECT MEANINGFUL AND POSITIVE CHANGE IN THE LIVES OF WOMEN AND CHILDREN, SENIOR CITIZENS, AND UNDERSERVED COMMUNITIES IN HOUSTON, TX, AND ACROSS THE GLOBE.

profile · synthesized from sources

Pete and Thomas Foundation is a nonprofit founded by Megan Thee Stallion in 2022 to support women, children, seniors, and underserved communities, primarily in Houston, TX, with global reach. The foundation funds wellness initiatives, mental health programs, and holiday relief efforts through partnerships with community organizations. It focuses on empowering Black girls and women through microgrants, health resources, and community events.

named programs · 5 · from sources

What they call their work

#BlackGirlJoyChallenge
Microgrant program awarding $550 grants to 100 young Black women annually to implement community projects focused on mental health, wellness, and joy.
Bad Bitches Have Bad Days Too (BBHBDT)
Wellness hub providing mental health resources, directories, and LGBTQIA+ community helplines to promote mental health awareness and access to care.
Community Goodwill
Holiday initiative that pays off layaway balances for families at CitiTrends and partners with organizations to distribute gifts, food, and essentials during the holidays.
Emergency Power Program
Partnership with Bread of Life to deliver generators, cleaning supplies, and Walmart gift cards to senior citizens in Houston during power outages.
Joy Is Our Journey Bus Tour
Mobile tour across the Southern U.S. creating safe spaces for Black girls and women through workshops, wellness activities, and community events, with Houston as a stop.
activities · 3 groups

What they do

  • General Community Direct Support Services 1 activity
    • Direct service programs in education, housing, health and wellness, and community goodwill
      Implements direct service programs focused on education, housing, health and wellness, and community goodwill for women, children, senior citizens, and underserved communities in Houston, TX, and globally. These include care package distributions, holiday meal services, and community events.
  • Financial Aid and Scholarship Access Programs 1 activity
    • Funding educational and professional development through grants and scholarships
      Awards grants and scholarships to support educational and professional goals, including $5,000 grants to public school teachers and college students, microgrants to young women for mental health and wellness initiatives, and a scholarship covering educational and living expenses for a pharmacy student at Texas Southern University.
  • Workplace and Affiliate Giving Programs 1 activity
    • Funding holiday layaway balances for low-income families
      Funds the Pay Away the Layaway program to pay off holiday layaway balances for low-income families at CitiTrends locations in Houston and South Park, enabling them to retrieve toys, clothing, and essential items. Supported over 200 families across multiple events.
financials · form 990 · fy2024
revenue
Total revenue$256K
Contributions & grants$256K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$408K
Program expenses98%
Admin / overhead2%
Fundraising0%
Salaries & benefits$0
Grants paid out$11K
Largest expense lineProfessional Fees
balance sheet
Total assets$159K
Cash$159K
Investments$0
Liabilities$0
Net assets$159K
Liquid reserves4.7 mo
3 years on record · 2022–2024 · YoY revenue -21.2%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • CANDY CRARY — DIRECTOR
  • MEGAN PETE — PRESIDENT
  • TRAVIS FARRIS — CHIEF FINANCIAL OFFICER
relationships · 61

Who they work with

  • 12 Days of Christmas Partner — Nominated fathers for recognition at the 2024 Pete & Thomas Foundation Block Party.
  • 171 community organizations Partner — Partnered with over 171 community organizations to serve individuals.
  • AVDA Partner — Provided holiday self-care packages to women survivors of domestic violence in Houston.
  • Aid to Victims of Domestic Abuse Partner — Partnered to assemble and distribute Mother's Day care packages to mothers.
  • Angela House Partner — Recipient organization for Mother's Day care packages distributed through the 2024 initiative.
  • Assistance League of Los Angeles Partner — Helped identify young women for the Hottie Walk VIP experience hosted by the Pete & Thomas Foundation.
  • Audrey H. Lawson Middle School Partner — Provided grant funding to support the girl's basketball team.
  • Black Girls Smile Partner — Helped identify young women for the Hottie Walk VIP experience hosted by the Pete & Thomas Foundation.
  • Bread of Life Partner — Nominated fathers for recognition at the 2024 Pete & Thomas Foundation Block Party.
  • Bread of Life Partner — Partnered on the Emergency Power Program to deliver generators and supplies to Houston seniors.
  • Bread of Life Houston Partner — Supported the organization’s annual Thanksgiving food and supply distribution for families in Houston.
  • Bread of Life Inc Partner — Partnered to host the 4th Annual Community Baby Shower for expecting mothers.
  • City of Houston Government — Collaborated with to identify and honor fathers in reentry programs in 2023.
  • City of Houston Community Reentry Network Program Partner — Nominated fathers for recognition at the 2024 Pete & Thomas Foundation Block Party.
  • Community Re-Entry Program of the Houston Health Department Partner — Partnered with to identify fathers who graduated from the reentry program for recognition and gifts in 2023.
  • Congressman Sylvester Turner Partner — Partnered to distribute 1,000 turkeys and grocery boxes to local families in Houston.
  • Covenant House Texas Partner — Fulfilled Christmas wish lists for young adult residents.
  • Crossroads Dallas Partner — Community partner that uses a collaborative approach to revolutionize pantry distribution through food equity research.
  • Dick’s Sporting Goods Partner — Partnered with the Pete & Thomas Foundation to provide a surprise shopping spree as part of a VIP experience for college girls.
  • Eagle Academy Partner — Community group that received donated tickets to the ATHLOS NYC track event in partnership with the Pete & Thomas Foundation.
  • Empower House Partner — Collaborated to support 40 families in San Antonio with turkeys and pantry food items.
  • Empower House San Antonio Partner — Supported their Annual Holiday Resource Fair serving families in San Antonio.
  • God’s Grace Community Church Partner — Collaborated to distribute 1,000 turkeys and grocery boxes to local families in Houston.
  • Gracewood Partner — Recipient organization for Mother's Day care packages distributed through the 2024 initiative.
  • Hetrick Martin Institute Partner — Community group that received donated tickets to the ATHLOS NYC track event in partnership with the Pete & Thomas Foundation.
  • Houston Health Department Partner — Recipient organization for Mother's Day care packages distributed through the 2024 initiative.
  • Lily Grove Missionary Baptist Church Partner — Recipient organization for Mother's Day care packages distributed through the 2024 initiative.
  • Madge Bush Transitional Housing Center Partner — Partnered to distribute care packages to single mothers recovering from domestic abuse in 2022.
  • Madison Square Boys & Girls Club Partner — Community group that received donated tickets to the ATHLOS NYC track event in partnership with the Pete & Thomas Foundation.
  • Megan Thee Stallion Partner — Founded the Pete and Thomas Foundation in honor of her parents.
+ 31 more
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Joy-Centered Mental Health Promotion
    methodology: joy_centered_wellness
    By funding initiatives that center joy and celebration—particularly for Black girls and young women—the foundation improves mental health and wellness because positive emotional experiences build resilience and counteract trauma.
  • Multi-Domain Holistic Support
    methodology: multi_domain_support
    By addressing education, housing, and health and wellness together, the foundation produces more sustainable uplift for vulnerable populations because integrated support tackles root causes and systemic gaps simultaneously.
  • Resource Catalysis as Leverage
    methodology: resource_catalysis
    By mobilizing and channeling resources—financial, social, and institutional—the foundation enables meaningful change for vulnerable populations because catalyzed resources amplify impact beyond direct service alone.