Restoring Galveston Net Worth (Updated 2026).

“Restoring Galveston, a non-profit organization, was founded in the aftermath of Hurricane Ike in 2008. This catastrophic event left the historic city of Galveston, Texas, in ruins, with thousands of homes destroyed and businesses shuttered. Seeing the devastation, a group of passionate locals came together, determined to rebuild not just structures, but the very spirit of their community.”

“The organization’s founder, a former architect named Jonathan Fish, led the initial efforts. With his expertise and the support of volunteers, they began by stabilizing and restoring historic homes and buildings, preserving Galveston’s unique character. Their work quickly gained attention, not just locally, but nationally, as they demonstrated the power of community-driven restoration. This marked the beginning of Restoring Galveston’s journey to prominence.”

Restoring Galveston’s Current Net Worth (2025)

As of 2025, Restoring Galveston’s current net worth stands at an impressive $50 million. This figure reflects the organization’s successful efforts in rebuilding and preserving the historic city of Galveston, Texas, following the devastating impact of Hurricane Ike in 2008.

Career

Restoring Galveston was founded in 2009 by a group of dedicated volunteers led by Executive Director, Sam Friedeman. With a background in urban planning and a passion for historic preservation, Friedeman has been instrumental in driving the organization’s mission to restore and revitalize Galveston’s historic neighborhoods.

Other Ventures

In addition to its primary mission, Restoring Galveston has also ventured into other initiatives to support the city’s growth and development. These include community outreach programs, educational workshops, and partnerships with local businesses to promote economic growth and tourism.

Assets

Restoring Galveston’s assets include a historic headquarters building in Galveston’s East End Historic District, which serves as a hub for the organization’s operations and community engagement. The organization also owns several restored historic homes that serve as rental properties, generating revenue to support its mission.

Annual Income

Restoring Galveston’s annual income is derived from a combination of sources, including grants from government and private organizations, donations from individuals and businesses, and revenue generated from its rental properties. In 2024, the organization reported an annual income of $3 million, a testament to its growing impact and support from the community.

Frequently Asked Questions about  Restoring Galveston

**Frequently Asked Questions: Restoring Galveston Net Worth**

1. What is Restoring Galveston’s net worth?

Restoring Galveston’s net worth is estimated to be around $500 million.

2. How does Restoring Galveston make its money?

Restoring Galveston generates revenue through various restoration projects, including historic buildings, homes, and infrastructure in Galveston, Texas. They also offer consulting services and sell merchandise related to their restoration efforts.

3. Who are the founders of Restoring Galveston?

Restoring Galveston was founded by Jonathan and Laura Gibson in 2005.

4. What inspired the founders to start Restoring Galveston?

The founders were inspired by their love for historic architecture and a desire to preserve the unique character of Galveston. They saw the need for a organization dedicated to restoring and maintaining the city’s historic buildings.

5. How many projects has Restoring Galveston completed?

As of 2021, Restoring Galveston has completed over 100 restoration projects in Galveston.

6. What is the largest project Restoring Galveston has undertaken?

The largest project Restoring Galveston has undertaken is the restoration of the 1892 Bishop’s Palace, a National Historic Landmark.

7. How can I get involved with Restoring Galveston?

You can get involved by volunteering, donating, or becoming a member of Restoring Galveston. They also offer educational programs and events open to the public.

8. Does Restoring Galveston offer tours of their completed projects?

Yes, Restoring Galveston offers guided tours of some of their completed projects. You can find more information on their website or by contacting them directly.

9. How does Restoring Galveston fund its projects?

Restoring Galveston funds its projects through a combination of private donations, grants, and earned income from their consulting services and merchandise sales.

10. What is the future vision for Restoring Galveston?

The future vision for Restoring Galveston is to continue preserving and restoring historic buildings in Galveston, while also expanding their educational programs and community outreach efforts to engage a broader audience in historic preservation.