Charity Search / GAZELLE FOUNDATION
Philanthropy & Grantmaking (T20) IRS Verified DX Registered 990 on File

GAZELLE FOUNDATION

EIN: 20-5456080 · AUSTIN, TX 78735-6257 · United States · FY 2024 Data
3 out of 5 44 / 100 Based on 2+ years of filings
Financial strength (30%) 56/100
Reliability (20%) 65/100
Effectiveness (25%) 58/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

The Gazelle Foundation funds and builds clean water projects in Burundi, Africa. One of the poorest countries on earth, most people in rural Burundi walk over two miles for untreated water from streams and puddles, often shared with livestock. Illness from waterborne infections is high, and a major factor in limiting access to education and economic stability. Through clean water projects, the Gazelle Foundation is offering a first step in breaking the vicious cycle of poverty in Burundi. Locally, we empower Central Texas youth through water education with events like Walk for the Water. The Foundation’s formation in 2006 was inspired by Gilbert Tuhabonye, a Burundi survivor of the Hutu/Tutsi civil upheaval of the 1980’s and 90’s which reached a “peace” agreement in 2008. Gilbert was born in the southern county of Songa in Burundi, a small mountainous country in east central Africa. He excelled as a runner, becoming national champion in the 400 and 800 meters as an 11th grader. On October 21, 1993, the centuries-old war between the Tutsi and Hutu tribes erupted as Gilbert and his classmates were in school. His Hutu classmates, their parents, some teachers and other Hutu tribesmen forced more than a hundred Tutsi children and teachers into a room where they beat and burned them to death. Gilbert, on fire, ran to freedom and survived this horrific event. Now more than 20 years later and living in the US, Gilbert Tuhabonye is a celebrity in the world of running. He graduated from Abilene Christian University where, despite being covered with scar tissue from his extensive burns, he was a national champion runner. Gilbert still competes and owns and operates a training program called Gilbert’s Gazelles in addition to serving as the Head Cross Country and Track coach at St. Andrews Episcopal High School. Gilbert is married and has two children. In 2006, he wrote This Voice in My Heart, an autobiographical account of his upbringing and his tale of survival. The response to this touching book has been outstanding, and people have asked how they can help. The answer is through the Gazelle Foundation.

Financial Overview — FY 2024
$552K
Total Revenue
$668K
Total Expenses
$980K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 62.0%
Fundraising Efficiency 61.0%
Operating Reserve 17.61x
Liability-to-Asset 2.6%
Revenue Diversification 106.8%
Executive Compensation $90K
Compared with Peers
FY 2024
Compared with 16,645 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
62.0% 90.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
13.3% 7.9%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
24.7% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
61.0% 7.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
17.6 mo 95.2 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
2.6% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
106.8% 90.4%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-30.6% 18.5%
P10P90
Expense growth
Year over year expense growth
67.0% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
-20.9% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $552K $668K $980K 62.0% 3
2023 $796K $400K $1.1M 48.2% 3
2022 $354K $340K $652K 46.9% 3
2021 $463K $410K N/A 2
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Organization Details
EIN
20-5456080
State
TX
City
AUSTIN
ZIP
78735-6257
Classification
T20
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2007
Foundation Code
15
Form 990
On File
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