Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
ALBERT & MARGARET ALKEK FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1100 LOUISIANA STREET SUITE 5250
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX770025100
A Employer identification number

76-0491186
B Telephone number (see instructions)

(713) 652-6601
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$262,097,035J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 355,430
2 Check bullet.............
3 Interest on savings and temporary cash investments 177,924 177,924  
4 Dividends and interest from securities... 806,611 806,611  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 9,027,803
b Gross sales price for all assets on line 6a 43,925,302
7 Capital gain net income (from Part IV, line 2)... 8,787,387
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 4,935,576 2,080,459 0
12 Total. Add lines 1 through 11........ 15,303,344 11,852,381 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 723,863 425,282 0 230,496
14 Other employee salaries and wages...... 17,550 756 0 16,673
15 Pension plans, employee benefits....... 44,038 28,595 0 10,864
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 17,164 1,948 0 910
c Other professional fees (attach schedule).... Click to see attachment 537,485 536,057 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 76,285 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 162 54 0 99
21 Travel, conferences, and meetings....... 179 125 0 34
22 Printing and publications.......... 1,634 961 0 519
23 Other expenses (attach schedule)....... Click to see attachment 5,136,166 761,003 0 4,132
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,554,526 1,754,781 0 263,727
25 Contributions, gifts, grants paid....... 12,000,000 12,000,000
26 Total expenses and disbursements. Add lines 24 and 25 18,554,526 1,754,781 0 12,263,727
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,251,182
b Net investment income (if negative, enter -0-) 10,097,600
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 306 306 306
2 Savings and temporary cash investments......... 21,842,839 9,046,156 9,046,156
3 Accounts receivable bullet5,872,486
Less: allowance for doubtful accounts bullet   3,553,502 5,872,486 5,872,486
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 53,944,448 Click to see attachment57,808,382 89,646,399
c Investments—corporate bonds (attach schedule)....... 100,000 Click to see attachment200,000 200,000
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 99,349,391 Click to see attachment102,985,789 157,302,088
14 Land, buildings, and equipment: basis bullet287,104
Less: accumulated depreciation (attach schedule) bullet287,104 0 0 29,600
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 178,790,486 175,913,119 262,097,035
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 178,790,486 175,913,119
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 178,790,486 175,913,119
30 Total liabilities and net assets/fund balances (see instructions). 178,790,486 175,913,119
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
178,790,486
2
Enter amount from Part I, line 27a .....................
2
-3,251,182
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
373,815
4
Add lines 1, 2, and 3 ..........................
4
175,913,119
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
175,913,119
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b CAPITAL GAIN DIVIDENDS P    
c PASS-THROUGH INVESTMENTS: K-1 CAPITAL GAINS P    
d PASS-THROUGH INVESTMENTS: K-1 CAPITAL LOSSES P    
e NON-US HEDGE FUNDS P    
NON-US GAINS IN EXCESS OF BASIS P    
PASS-THROUGH INVESTMENTS: K-1 UBTI P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 32,391,333   29,098,461 3,292,872
b 903,533     903,533
c 1,985,196     1,985,196
d     1,785,125 -1,785,125
e 7,436,250   3,997,311 3,438,939
951,972     951,972
257,018   257,018 0
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,292,872
b       903,533
c       1,985,196
d       -1,785,125
e       3,438,939
      951,972
      0
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 8,787,387
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 140,357
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 140,357
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 140,357
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 102,369
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 175,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 277,369
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 137,012
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet137,012 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.ALKEK.ORG
    14
    The books are in care ofbulletSCOTT SEAMAN Telephone no.bullet (713) 652-6601

    Located atbullet1100 LOUISIANA STE 5250HOUSTONTX ZIP+4bullet77002
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    SANDRA BACAK ASSISTANT SECRETARY/CONTROLLER
    40.00     		122,500 16,085 0
    1100 LOUISIANA STREET SUITE 5250
    HOUSTON,TX77002
    JOE M BAILEY DIRECTOR
    1.00     		9,000 0 0
    1100 LOUISIANA STREET SUITE 5250
    HOUSTON,TX77002
    PAUL KLOTMAN MD DIRECTOR
    1.00     		15,000 0 0
    1100 LOUISIANA STREET SUITE 5250
    HOUSTON,TX77002
    SCOTT B SEAMAN DIRECTOR/TREASURER/EXECUTIVE DIR
    40.00     		391,000 0 0
    1100 LOUISIANA STREET SUITE 5250
    HOUSTON,TX77002
    CHARLES A WILLIAMS DIRECTOR/ PRESIDENT
    25.00     		150,000 0 0
    1100 LOUISIANA STREET SUITE 5250
    HOUSTON,TX77002
    MARGARET ALKEK WILLIAMS DIRECTOR
    1.00     		15,000 0 0
    1100 LOUISIANA STREET SUITE 5250
    HOUSTON,TX77002
    RANDA D WILLIAMS DIRECTOR
    1.00     		18,000 0 0
    1100 LOUISIANA STREET SUITE 5250
    HOUSTON,TX77002
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    IRIDIAN ASSET MANAGEMENT LLC INVESTMENT MANAGEMENT 162,389
    276 POST ROAD WEST
    WESTPORT,CT06880
    EAGLE CAPITAL MANAGEMENT LLC INVESTMENT MANAGEMENT 128,316
    499 PARK AVENUE
    NEW YORK,NY10022
    POLEN CAPITAL MANAGEMENT LLC INVESTMENT MANAGEMENT 124,122
    1825 NW CORPORATE BLVD 300
    BOCA RATON,FL33431
    WELLS CAPITAL MANAGMENT INVESTMENT MANAGEMENT 68,293
    525 MARKET STREET 12TH FLOOR
    SAN FRANCISCO,CA94105
    STATE STREE CORPORATION CUSTODY SERVICES 54,365
    801 PENNSYLVANIA AVE
    KANSAS CITY,MO64105
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    74,779,894
    b
    Average of monthly cash balances.......................
    1b
    19,205,176
    c
    Fair market value of all other assets (see instructions)................
    1c
    142,879,005
    d
    Total (add lines 1a, b, and c).........................
    1d
    236,864,075
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    236,864,075
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,552,961
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    233,311,114
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    11,665,556
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    11,665,556
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    140,357
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    140,357
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    11,525,199
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    11,525,199
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    11,525,199
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    12,263,727
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    12,263,727
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    12,263,727
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 11,525,199
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,735,253
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 12,263,727
    a Applied to 2019, but not more than line 2a 1,735,253
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 10,528,474
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		996,725
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MR CHARLES WILLIAMS PRESIDENT
    1100 LOUISIANA ST SUITE 5250
    HOUSTON,TX77002
    (713) 652-6601
    bThe form in which applications should be submitted and information and materials they should include:
    SEE GUIDELINES AT WWW.ALKEK.ORG
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LIMITED TO NON-PROFIT ORGANIZATIONS IN THE STATE OF TEXAS
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BAYLOR COLLEGE OF MEDICINE
    ONE BAYLOR PLAZA MS BCM 160
    HOUSTON,TX77030     		  PC CENTER FOR PRECISION ENVIRONMENTAL HEALTH 232,700
    BAYLOR COLLEGE OF MEDICINE
    ONE BAYLOR PLAZA MS BCM 160
    HOUSTON,TX77030     		  PC PRESIDENTAL ENDOWED CHAIR FOR DIRECTOR OF CENTER FOR PRECISION ENVIRONMENTAL HEALTH 600,000
    BAYLOR COLLEGE OF MEDICINE
    ONE BAYLOR PLAZA MS BCM 160
    HOUSTON,TX77030     		  PC DEPARTMENT OF MOLECULAR VIROLOGY AND MICROBIOLOGY 1,900,000
    BAYLOR COLLEGE OF MEDICINE
    ONE BAYLOR PLAZA MS BCM 160
    HOUSTON,TX77030     		  PC THERAPEUTIC INNOVATION CENTER 845,000
    BAYLOR COLLEGE OF MEDICINE
    ONE BAYLOR PLAZA MS BCM 160
    HOUSTON,TX77030     		  PC DEPARTMENT OF MEDICINE 740,000
    BAYLOR COLLEGE OF MEDICINE
    ONE BAYLOR PLAZA MS BCM 160
    HOUSTON,TX77030     		  PC DEPARTMENT OF MOLECULAR AND CELLULAR BIOLOGY 515,000
    BAYLOR COLLEGE OF MEDICINE
    ONE BAYLOR PLAZA MS BCM 160
    HOUSTON,TX77030     		  PC OPTHALMOLOGY AND OTOLARYNGOLOGY DEPARTMENTS 250,000
    BAYLOR COLLEGE OF MEDICINE
    ONE BAYLOR PLAZA MS BCM 160
    HOUSTON,TX77030     		  PC STRATEGIC INITIATIVES 2,477,400
    BAYLOR COLLEGE OF MEDICINE
    ONE BAYLOR PLAZA MS BCM 160
    HOUSTON,TX77030     		  PC PARKINSON'S DISEASE CENTER 50,000
    HEARTGIFT FOUNDATION
    PO BOX 691711
    HOUSTON,TX77269     		  PC OPERATIONAL SUPPORT 25,000
    THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER
    PO BOX 4486
    HOUSTON,TX77210     		  GOV METASTASIS RESEARCH 1,000,000
    THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER
    PO BOX 4486
    HOUSTON,TX77210     		  GOV NEURODEGENERATIVE CONSORTIUM 50,000
    BOYS AND GIRLS CLUB OF BANDERA COUNTY
    PO BOX 3155
    BANDERA,TX78003     		  PC OPERATIONAL SUPPORT 60,000
    THE BUGLE BOY FOUNDATION
    1051 NORTH JEFFERSON STREET
    LA GRANGE,TX78945     		  PC PROGRAM SUPPORT 5,000
    CANCARE INC
    9575 KATY FREEWAY STE 428
    HOUSTON,TX77024     		  PC PROGRAM SUPPORT 10,000
    CHILDREN AT RISK
    2900 WESLAYAN ST STE 400
    HOUSTON,TX77027     		  PC SAFETY EDUCATION PROGRAM 15,000
    MENTAL HEALTH AMERICA OF GREATER HOUSTON INC
    2211 NORFOLK STE 810
    HOUSTON,TX77098     		  PC OPERATIONAL SUPPORT 100,000
    THE NATURE CONSERVANCY
    3801 KIRBY DR STE 740
    HOUSTON,TX77098     		  PC OPERATIONAL SUPPORT 100,000
    NEHEMIAH CENTER INC
    5015 FANNIN STREET
    HOUSTON,TX77004     		  PC OPERATIONAL SUPPORT 20,000
    PATHWAYS FOR LITTLE FEET
    9 GREENWAY PLAZA SUITE 3150
    HOUSTON,TX77046     		  PC OPERATIONAL SUPPORT 10,000
    REMIND
    PO BOX 27607
    HOUSTON,TX77227     		  PC OPERATIONAL SUPPORT 25,000
    THE ST BERNARD PROJECT INC (SBP HOUSTON)
    2645 TOULOUSE ST
    NEW ORLEANS,LA70119     		  PC OPERATIONAL SUPPORT 125,000
    SOMEBODY CARES AMERICA INC
    PO BOX 925308
    HOUSTON,TX772925308     		  PC OPERATIONAL SUPPORT 350,000
    ST CHRISTOPHER'S EPISCOPAL CHURCH
    PO BOX 314
    BANDERA,TX78003     		  PC OPERATIONAL SUPPORT 59,600
    TEXAS BRIGADES
    3660 THOUSAND OAKS DR STE 126
    SAN ANTONIO,TX78247     		  PC OPERATIONAL SUPPORT 60,000
    TEXAS PARKS & WILDLIFE FOUNDATION
    2914 SWISS AVENUE
    DALLAS,TX75204     		  PC OPERATIONAL SUPPORT 25,000
    THE WITTE MUSEUM
    3801 BROADWAY
    SAN ANTONIO,TX78209     		  PC LAND STEWARDSHIP AMBASSADOR PROGRAM 30,000
    YMCA OF GREATER HOUSTON
    PO BOX 3007
    HOUSTON,TX77253     		  PC COVID-19 CAPITAL CAMPAIGN 50,000
    ACE SCHOLARSHIPS HOUSTON
    PO BOX 580268
    HOUSTON,TX77258     		  PC SCHOLARSHIP SUPPORT 25,000
    EPISCOPAL HIGH SCHOOL
    PO BOX 271299
    HOUSTON,TX77277     		  PC ALKEK SCHOLARS PROGRAM 62,100
    SOUTHWESTERN UNIVERSITY
    PO BOX 770
    GEORGETOWN,TX786270770     		  PC SCHOLARSHIP PROGRAM 100,000
    ST MARY'S UNIVERSITY
    ONE CAMINO SANTA MARIA
    SAN ANTONIO,TX78228     		  PC SCHOOL OF SCIENCE, ENGINEERING AND TECHNOLOGY 200,000
    TEXAS A&M UNIVERSITY KINGSVILLE
    700 UNIVERSITY BLVD MSC 218
    KINGSVILLE,TX78363     		  GOV CAESAR KLEBERG WILDLIFE RESEARCH INSTITUTE CAPTIVE UNGULATE FACILITY 25,000
    TEXAS STATE UNIVERSITY-SAN MARCOS
    601 UNIVERSITY DR
    SAN MARCOS,TX78666     		  GOV CONSTRUCTION OF THE LEARNING COMMONS IN THE ALBERT B. ALKEK LIBRARY 200,000
    TMI - THE EPISCOPAL SCHOOL OF TEXAS
    20955 W TEJAS TRAIL
    SAN ANTONIO,TX78257     		  PC ALKEK SCHOLARSHIPS 180,000
    UNIVERSITY OF HOUSTON - VICTORIA
    3007 N BEN WILSON
    VICTORIA,TX77901     		  PC SCHOLARSHIP SUPPORT 30,000
    YELLOWSTONE ACADEMY
    3000 TRULLEY STREET
    HOUSTON,TX77004     		  PC COVID-19 CAPITAL CAMPAIGN 25,000
    MUSEUM OF FINE ARTS HOUSTON
    PO BOX 6826
    HOUSTON,TX772656826     		  PC ENDOWMENT FOR THE MUSEUM DIRECTOR 1,200,000
    RIVER OAKS CHAMBER ORCHESTRA
    1973 WEST GRAY SUITE 3
    HOUSTON,TX77027     		  PC OPERATIONAL SUPPORT 25,000
    ALZHEIMERS ASSOCIATION
    6055 SOUTH LOOP EAST
    HOUSTON,TX77087     		  PC PROGRAM SUPPORT 50,000
    AMAZING PLACE
    3735 DREXEL DRIVE
    HOUSTON,TX77027     		  PC OPERATIONAL SUPPORT 25,000
    AMERICAN HERITAGE FOUNDATION
    3100 WESLAYAN ST STE 375
    HOUSTON,TX77027     		  PC OPERATIONAL SUPPORT 10,000
    ARTHUR NAGEL COMMUNITY CLINIC
    PO BOX 519
    BANDERA,TX78003     		  PC OPERATIONAL SUPPORT 25,000
    THE AUSTIN CENTER FOR GRIEF & LOSS
    2413 GREENLAWN PKWY
    AUSTIN,TX78757     		  PC PROGRAM SUPPORT 25,000
    BANDERA COUNTY EMS
    PO BOX 5
    BANDERA,TX78003     		  PC EQUIPMENT PURCHASE 30,700
    BANDERA COUNTY YOUNG LIFE
    PO BOX 1751
    BANDERA,TX78003     		  PC OPERATIONAL SUPPORT 30,000
    BANDERA PUBLIC LIBRARY CORPORATION
    PO BOX 1568
    BANDERA,TX78003     		  PC EDUCATION PROGRAM FOR CHILDREN 2,500
    Total .................................bullet 3a 12,000,000
    bApproved for future payment
    MUSEUM OF FINE ARTS HOUSTON
    PO BOX 6826
    HOUSTON,TX772656826     		  PC ENDOWMENT FOR THE MUSEUM DIRECTOR 3,600,000
    TEXAS STATE UNIVERSITY-SAN MARCOS
    601 UNIVERSITY DR
    SAN MARCOS,TX78666     		  GOV CONSTRUCTION OF THE LEARNING COMMONS IN THE ALBERT B. ALKEK LIBRARY 200,000
    Total .................................bullet 3b 3,800,000
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 177,924  
    4 Dividends and interest from securities....     14 806,611  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income..... 901101 2,855,117 14 2,080,459  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		901101 240,416 18 8,787,387  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 3,095,533 11,852,381 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    14,947,914
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    ALKEK & WILLIAMS FOUNDATION 501(C)(3) COMMON DIRECTORS
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    ALBERT & MARGARET ALKEK FOUNDATION
     
    Employer identification number

    76-0491186
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    ALBERT & MARGARET ALKEK FOUNDATION
          		Employer identification number
    76-0491186
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    MARGARET ALKEK CHARITABLE LEAD ANNUITY TRUST
     
    1100 LOUISIANA ST SUITE 5250
     
    HOUSTON, TX77002

    		$ 355,430


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    ALBERT & MARGARET ALKEK FOUNDATION
          		Employer identification number

    76-0491186
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    ALBERT & MARGARET ALKEK FOUNDATION
          		Employer identification number

    76-0491186
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    ALBERT & MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX SERVICES 17,164 1,948 0 910

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    ALBERT & MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE DEBT SECURITY: DIRECTLY HELD 200,000 200,000

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ALBERT & MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PUBLICLY TRADED SECURITIES: DIRECTLY HELD 20,060,817 25,329,131
    PUBLICLY TRADED SECURITIES: MANAGED ACCOUNTS 37,747,565 64,317,268

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ALBERT & MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NON-MARKETABLE CORPORATE EQUITY SECURITIES FMV 3,055,400 804,792
    US PARTNERSHIPS, CORPORATIONS AND TRUSTS FMV 56,990,478 79,509,838
    NON-US PARTNERSHIPS AND CORPORATIONS FMV 42,939,911 76,987,457
    OIL AND GAS ORRI FMV 0 1

    TY 2020 OtherExpensesSchedule
    Name:
    ALBERT & MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PASS-THROUGH INVESTMENTS: K-1 DEDUCTIONS 754,735 754,735 0 0
    PASS-THROUGH INVESTMENTS: K-1 DEDUCTIONS- UBTI 4,370,017 0 0 0
    GENERAL AND ADMINISTRATIVE 11,414 6,268 0 4,132


    TY 2020 OtherIncomeSchedule2
    Name:
    ALBERT & MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PASS-THROUGH INVESTMENTS: K-1 TAXABLE INCOME 1,662,335 1,662,335 0
    PASS-THROUGH INVESTMENTS: K-1 UBTI 2,855,117 0 0
    PASS-THROUGH INVESTMENTS: INTEREST INCOME 185,117 185,117 0
    PASS-THROUGH INVESTMENTS: DIVIDEND INCOME 232,946 232,946 0
    OIL AND GAS ROYALTY INCOME 61 61 0


    TY 2020 OtherIncreasesSchedule
    Name:
    ALBERT & MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Description Amount
    BOOK/TAX DIFFERENCES IN INVESTMENTS 373,815


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ALBERT & MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENTS: MANAGEMENT FEES 483,120 483,120 0 0
    INVESTMENTS: CUSTODY FEES 54,365 52,937 0 0


    TY 2020 TaxesSchedule
    Name:
    ALBERT & MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 75,000 0 0 0
    EXCISE TAX PENALTY 1,285 0 0 0