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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
ALBERT AND MARGARET ALKEK FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1100 LOUISIANA STREET 5250
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX77002
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$300,429,734J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,400 1,400  
4 Dividends and interest from securities... 754,373 754,373  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 22,987,572
b Gross sales price for all assets on line 6a 50,638,712
7 Capital gain net income (from Part IV, line 2)... 19,702,711
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 631,070 996,350  
12 Total. Add lines 1 through 11........ 24,374,415 21,454,834  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 726,400 419,998   228,180
14 Other employee salaries and wages...... 17,550 739   16,673
15 Pension plans, employee benefits....... 42,883 27,094   10,743
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 676,378 674,927   0
17 Interest............... 65,649 0   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 440,000 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 14,606 7,076   6,182
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,983,466 1,129,834   261,778
25 Contributions, gifts, grants paid....... 12,000,000 12,000,000
26 Total expenses and disbursements. Add lines 24 and 25 13,983,466 1,129,834   12,261,778
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 10,390,949
b Net investment income (if negative, enter -0-) 20,325,000
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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......... 9,046,156 15,496,232 15,496,232
3 Accounts receivable bullet3,334,916
Less: allowance for doubtful accounts bullet   5,872,486 3,334,916 3,334,916
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)....... 57,808,382 Click to see attachment53,919,119 93,667,910
c Investments—corporate bonds (attach schedule)....... 200,000 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).......... 102,985,789 Click to see attachment110,133,627 187,701,019
14 Land, buildings, and equipment: basis bullet287,104
Less: accumulated depreciation (attach schedule) bullet287,104 0 0 29,350
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment0 Click to see attachment1
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 175,913,119 183,084,200 300,429,734
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........... 175,913,119 183,084,200
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)..... 175,913,119 183,084,200
30 Total liabilities and net assets/fund balances (see instructions). 175,913,119 183,084,200
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
175,913,119
2
Enter amount from Part I, line 27a .....................
2
10,390,949
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
186,304,068
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,219,868
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
183,084,200
Form 990-PF (2021)
Form 990-PF (2021)
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      
b CAPITAL GAIN DIVIDENDS P    
c DCP MIDSTREAM LP - GAIN ON DISPOSAL P    
d MAGELLAN MIDSTREAM PARTNERS LP - GAIN ON DISPOSAL P    
e PASS-THROUGH K-1 CAPITAL GAINS P    
PTV SCIENCES II LP - QSB EXCLUSION P    
PASS-THROUGH K-1 CAPITAL LOSSES P    
NON-US HEDGE FUNDS P    
JC FLOWERS III LP - GAINS IN EXCESS P    
NB SECONDARY OPPORTUNITIES OFFSHORE FUND III LP - GAINS IN EXCESS P    
DCP MIDSTREAM LP - SECTION 751 - UBTI P    
MAGELLAN MIDSTREAM PARTNERS LP - SECTION 751 - UBTI P    
PASS-THROUGH K-1 CAPITAL GAINS 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 36,138,573   25,121,643 11,016,930
b 450,785     450,785
c 117,260     117,260
d 1,164,596     1,164,596
e 5,028,745     5,028,745
    24,411 -24,411
    913,589 -913,589
3,329,790   1,317,121 2,012,669
395,433     395,433
454,293     454,293
481,538   481,538 0
2,005,843   2,005,843 0
1,071,856   1,071,856 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       11,016,930
b       450,785
c       117,260
d       1,164,596
e       5,028,745
      -24,411
      -913,589
      2,012,669
      395,433
      454,293
      0
      0
      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 19,702,711
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 282,518
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- ..... 5 282,518
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 400,727
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 400,727
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 10 118,209
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet118,209 RefundedBullet 11 0
Part VI-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 XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
    Yes
     
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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     		125,000 15,062 0
    1100 LOUISIANA ST STE 5250
    HOUSTON,TX77002
    PAUL KLOTMAN MD DIRECTOR
    1.00     		15,000 0 0
    1100 LOUISIANA ST STE 5250
    HOUSTON,TX77002
    SCOTT B SEAMAN DIRECTOR/TREASURER/EXECUTIVE DIR
    40.00     		403,400 0 0
    1100 LOUISIANA ST STE 5250
    HOUSTON,TX77002
    CHARLES A WILLIAMS DIRECTOR/PRESIDENT
    25.00     		150,000 0 0
    1100 LOUISIANA ST STE 5250
    HOUSTON,TX77002
    MARGARET ALKEK WILLIAMS DIRECTOR
    1.00     		15,000 0 0
    1100 LOUISIANA ST STE 5250
    HOUSTON,TX77002
    RANDA D WILLIAMS DIRECTOR
    1.00     		18,000 0 0
    1100 LOUISIANA ST STE 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 (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 208,447
    276 POST ROAD WEST
    WESTPORT,CT06880
    EAGLE CAPITAL MANAGEMENT LLC INVESTMENT MANAGEMENT 175,548
    499 PARK AVENUE
    NEW YORK,NY10022
    POLEN CAPITAL MANAGEMENT LLC INVESTMENT MANAGEMENT 163,625
    1825 NW CORPORATE BLVD 300
    BOCA RATON,FL33431
    ALLSPRING GLOBAL INVESTMENTS LLC INVESTMENT MANAGEMENT 65,808
    100 HERITAGE RESERVE
    MENOMONEE FALLS,WI53051
    STATE STREE CORPORATION CUSTODY SERVICES 62,949
    801 PENNSYLVANIA AVE
    KANSAS CITY,MO64105
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-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 VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    97,392,509
    b
    Average of monthly cash balances.......................
    1b
    13,647,472
    c
    Fair market value of all other assets (see instructions)................
    1c
    173,454,706
    d
    Total (add lines 1a, b, and c).........................
    1d
    284,494,687
    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
    284,494,687
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    4,267,420
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    280,227,267
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    14,011,363
    Part X
    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 IX, line 6..................
    1
    14,011,363
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    282,518
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    115,109
    c
    Add lines 2a and 2b............................
    2c
    397,627
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    13,613,736
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    13,613,736
    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 XII, line 1 ...
    7
    13,613,736
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 13,613,736
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 996,725
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 12,261,778
    a Applied to 2020, but not more than line 2a 996,725
    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 2021 distributable amount..... 11,265,053
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		2,348,683
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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:
    CHARLES WILLIAMS
    1100 LOUISIANA ST STE 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 (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    AMAZING PLACE
    3735 DREXEL DRIVE
    HOUSTON,TX77027     		N/A PC AMAZING TOGETHER CAMPAIGN 250,000
    ARTHUR NAGEL COMMUNITY CLINIC INC
    PO BOX 519
    BANDERA,TX78003     		N/A PC OPERATIONAL SUPPORT 35,000
    AUSTIN CENTER FOR GRIEF & LOSS
    2413 GREENLAWN PKWY
    AUSTIN,TX78757     		N/A PC OPERATIONAL SUPPORT 25,000
    BANDERA COUNTY YOUNG LIFE (YOUNG LIFE)
    PO BOX 1751
    BANDERA,TX78003     		N/A PC OPERATIONAL SUPPORT 30,000
    BANDERA PUBLIC LIBRARY CORPORATION
    PO BOX 1568
    BANDERA,TX78003     		N/A PC OPERATIONAL SUPPORT 2,500
    BIG BROTHERS BIG SISTERS
    1003 WASHINGTON AVE
    HOUSTON,TX77002     		N/A PC OPERATIONAL SUPPORT 25,000
    BOYS & GIRLS CLUBS OF BANDERA COUNTY
    PO BOX 3155
    BANDERA,TX78003     		N/A PC OPERATIONAL SUPPORT 60,000
    CANCARE INC
    9575 KATY FREEWAY STE 428
    HOUSTON,TX77024     		N/A PC OPERATIONAL SUPPORT 10,000
    CENTER FOR PURSUIT
    4400 HARRISBURG BLVD
    HOUSTON,TX77011     		N/A PC OPERATIONAL SUPPORT 50,000
    CHILDREN AT RISK
    2900 WESLAYAN ST STE 400
    HOUSTON,TX77027     		N/A PC OPERATIONAL SUPPORT 25,000
    CHRISTIAN COMMUNITY SERVICE CENTER INC
    PO BOX 27924
    HOUSTON,TX77227     		N/A PC EMERGENCY SERVICES PROGRAM 50,000
    DEPELCHIN CHILDREN'S CENTER
    4950 MEMORIAL DR
    HOUSTON,TX77007     		N/A PC FAMILY COUNT PROGRAM 150,000
    HOUSTON BOTANIC GARDEN
    8205 N BAYOU DR
    HOUSTON,TX77017     		N/A PC OPERATIONAL SUPPORT 25,000
    HOUSTON GOLF ASSOCIATION
    7000 CAPITOL STREET
    HOUSTON,TX77011     		N/A PC OPERATIONAL SUPPORT 25,000
    HOUSTON WILDERNESS INC
    1334 BRITTMOORE ROAD SUITE 2804
    HOUSTON,TX77043     		N/A PC OPERATIONAL SUPPORT 10,000
    NATIONAL WILDLIFE FEDERATION
    11100 WILDLIFE CENTER DRIVE
    RESTON,VA20190     		N/A PC OPERATIONAL SUPPORT FOR HISD PROGRAMS 75,000
    NATURE CONSERVANCY TEXAS
    4245 N FAIRFAX DRIVE SUITE 100
    ARLINGTON,VA22203     		N/A PC HOUSTON HEALTHY CITIES PROGRAM 100,000
    NEHEMIAH CENTER
    5015 FANNIN STREET
    HOUSTON,TX77004     		N/A PC OPERATIONAL SUPPORT 25,000
    PATHWAYS FOR LITTLE FEET
    9 GREENWAY PLAZA SUITE 3150
    HOUSTON,TX77046     		N/A PC OPERATIONAL SUPPORT 10,000
    REMIND
    PO BOX 27607
    HOUSTON,TX77227     		N/A PC OPERATIONAL SUPPORT 25,000
    ROB AND BESSIE WELDER WILDLIFE CONSERVATION FOUNDATION
    PO BOX 1400
    SINTON,TX78387     		N/A PC OPERATIONAL SUPPORT 26,500
    SOMEBODY CARES AMERICA INC
    PO BOX 925308
    HOUSTON,TX77292     		N/A PC OPERATIONAL SUPPORT 50,000
    ST BERNARD PROJECT INC (SBP HOUSTON)
    2645 TOULOUSE ST
    NEW ORLEANS,LA70119     		N/A PC HURRICANE HARVEY RECOVERY 150,000
    ST CHRISTOPHER'S EPISCOPAL CHURCH
    BOX 314
    BANDERA,TX78003     		N/A PC OPERATIONAL SUPPORT 61,600
    TEXAS BRIGADES (BOBWHITE BRIGADE)
    6644 FM 1102
    NEW BRAUNFELS,TX78132     		N/A PC OPERATIONAL SUPPORT 60,000
    TEXAS HEARING INSTITUTE
    3100 SHENANDOAH ST
    HOUSTON,TX77021     		N/A PC OPERATIONAL SUPPORT 25,000
    TEXAS PARKS AND WILDLIFE FOUNDATION
    2914 SWISS AVE
    DALLAS,TX75204     		N/A PC OPERATIONAL SUPPORT 25,000
    THE WITTE MUSEUM
    3801 BROADWAY
    SAN ANTONIO,TX78209     		N/A PC LAND STEWARDSHIP AMBASSADOR PROGRAM 40,000
    YMCA OF GREATER HOUSTON
    PO BOX 3007
    HOUSTON,TX77253     		N/A PC OPERATIONAL SUPPORT 25,000
    MUSEUM OF FINE ARTS HOUSTON
    PO BOX 6826
    HOUSTON,TX77265     		N/A PC ENDOWMENT FOR THE MUSEUM DIRECTOR 1,200,000
    RIVER OAKS CHAMBER ORCHESTRA
    1934 WEST GRAY SUITE 311
    HOUSTON,TX77019     		N/A PC OPERATIONAL SUPPORT 75,000
    ALLIANCE FOR CHOICE IN EDCUCATION
    5251 DTC PARKWAY SUITE 1150
    GREENWOOD VILLAGE,CO80111     		N/A PC ACE SCHOLARSHIPS HOUSTON 50,000
    EPISCOPAL HIGH SCHOOL
    PO BOX 271299
    HOUSTON,TX77277     		N/A PC ALKEK SCHOLARS PROGRAM 64,300
    HILL COUNTRY YOUTH RANCH
    BOX 67
    INGRAM,TX78025     		N/A PC SCHOLARSHIP SUPPORT 50,000
    POSSE FOUNDATION INC
    1001 MCKINNEY ST SUITE 950
    HOUSTON,TX77002     		N/A PC OPERATIONAL SUPPORT 50,000
    RICE UNIVERSITY
    PO BOX 1892
    HOUSTON,TX77251     		N/A PC RICE EMERGING SCHOLARS PROGRAM 100,000
    SOUTHWESTERN UNIVERSITY
    PO BOX 770
    GEORGETOWN,TX78627     		N/A PC SCHOLARSHIPS 100,000
    ST MARY'S UNIVERSITY
    ONE CAMINO SANTA MARIA
    SAN ANTONIO,TX78228     		N/A PC SCHOOL OF SCIENCE, ENGINEERING AND TECHNOLOGY 200,000
    TEXAS A&M UNIVERSITY-KINGSVILLE
    700 UNIVERSITY BLVD MSC 173
    KINGSVILLE,TX78363     		N/A GOV CAESAR KLEBERG WILDLIFE RESEARCH INSTITUTE 30,000
    TEXAS STATE UNIVERSITY-SAN MARCOS
    601 UNIVERSITY DRIVE
    SAN MARCOS,TX78666     		N/A 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     		N/A PC ALKEK SCHOLARSHIPS 190,000
    BAYLOR COLLEGE OF MEDICINE
    3200 SOUTHWEST FWY SUITE 1180
    HOUSTON,TX77030     		N/A PC STRATEGIC INITIATIVES VARIOUS DEPARTMENTS 4,020,100
    BAYLOR COLLEGE OF MEDICINE
    3200 SOUTHWEST FWY SUITE 1180
    HOUSTON,TX77030     		N/A PC TEEN HEALTH CLINIC ENDOWMENT 50,000
    BAYLOR COLLEGE OF MEDICINE
    3200 SOUTHWEST FWY SUITE 1180
    HOUSTON,TX77030     		N/A PC CONSTRUCTION OF THE HEALTH SCIENCES TOWER 3,000,000
    TEXAS A&M FOUNDATION
    401 GEORGE BUSH DRIVE
    COLLEGE STATION,TX77840     		N/A PC INSTITUTE OF BIOSCIENCES & TECHNOLOGY 150,000
    THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER
    PO BOX 301439
    HOUSTON,TX77230     		N/A GOV TRANSLATIONAL RESEARCH 1,000,000
    Total .................................bullet 3a 12,000,000
    bApproved for future payment
    BAYLOR COLLEGE OF MEDICINE
    1 BAYLOR PLAZA MS BCM 160
    HOUSTON,TX77030     		N/A PC MEDICAL RESEARCH AND EDUCATIONAL PROGRAMS 3,000,000
    Total .................................bullet 3b 3,000,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 1,400  
    4 Dividends and interest from securities ....          
    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 .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		523000 3,284,861 18 19,702,711  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPASSTHROUGH K-1 INCOME - UBTI     		523000 -452,978      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 2,831,883 21,542,532 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    24,374,415
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    ALBERT AND MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE DEBT SECURITY 1 200,000 200,000

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    ALBERT AND MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PUBLICLY TRADED SECURITY 1 11,914,587 21,822,209
    PUBLICLY TRADED SECURITY 2 254,651 254,653
    PUBLICLY TRADED SECURITY 3 448,526 2,309,085
    PUBLICLY TRADED SECURITY 4 508,295 1,473,778
    PUBLICLY TRADED SECURITY 5 466,984 746,763
    PUBLICLY TRADED SECURITY 6 166,787 352,279
    PUBLICLY TRADED SECURITY 7 56,402 141,477
    PUBLICLY TRADED SECURITY 8 755,745 856,813
    PUBLICLY TRADED SECURITY 9 667,869 927,582
    PUBLICLY TRADED SECURITY 10 209,722 367,864
    PUBLICLY TRADED SECURITY 11 466,924 380,391
    PUBLICLY TRADED SECURITY 12 129,325 128,378
    PUBLICLY TRADED SECURITY 13 931,643 1,556,964
    PUBLICLY TRADED SECURITY 14 662,560 867,046
    PUBLICLY TRADED SECURITY 15 250,432 428,234
    PUBLICLY TRADED SECURITY 16 435,086 948,341
    PUBLICLY TRADED SECURITY 17 353,244 745,164
    PUBLICLY TRADED SECURITY 18 114,997 120,122
    PUBLICLY TRADED SECURITY 19 561,384 992,537
    PUBLICLY TRADED SECURITY 20 524,656 1,001,354
    PUBLICLY TRADED SECURITY 21 176,969 2,160,183
    PUBLICLY TRADED SECURITY 22 444,538 919,465
    PUBLICLY TRADED SECURITY 23 113,596 87,544
    PUBLICLY TRADED SECURITY 24 689,785 1,053,668
    PUBLICLY TRADED SECURITY 25 225,100 209,818
    PUBLICLY TRADED SECURITY 26 335,220 318,534
    PUBLICLY TRADED SECURITY 27 145,444 985,199
    PUBLICLY TRADED SECURITY 28 235,303 252,467
    PUBLICLY TRADED SECURITY 29 501,891 616,879
    PUBLICLY TRADED SECURITY 30 135,297 133,870
    PUBLICLY TRADED SECURITY 31 380,394 899,576
    PUBLICLY TRADED SECURITY 32 296,693 316,337
    PUBLICLY TRADED SECURITY 33 213,436 270,250
    PUBLICLY TRADED SECURITY 34 84,929 182,984
    PUBLICLY TRADED SECURITY 35 360,246 360,246
    PUBLICLY TRADED SECURITY 36 864,001 1,467,918
    PUBLICLY TRADED SECURITY 37 163,758 1,205,926
    PUBLICLY TRADED SECURITY 38 229,812 1,470,954
    PUBLICLY TRADED SECURITY 39 686,564 763,024
    PUBLICLY TRADED SECURITY 40 59,446 488,285
    PUBLICLY TRADED SECURITY 41 112,787 764,819
    PUBLICLY TRADED SECURITY 42 285,561 2,152,831
    PUBLICLY TRADED SECURITY 43 2,342,283 2,334,038
    PUBLICLY TRADED SECURITY 44 568,445 890,248
    PUBLICLY TRADED SECURITY 45 162,859 157,336
    PUBLICLY TRADED SECURITY 46 146,949 802,034
    PUBLICLY TRADED SECURITY 47 426,936 487,724
    PUBLICLY TRADED SECURITY 48 397,617 591,767
    PUBLICLY TRADED SECURITY 49 671,573 1,298,582
    PUBLICLY TRADED SECURITY 50 595,748 1,627,598
    PUBLICLY TRADED SECURITY 51 334,283 1,517,476
    PUBLICLY TRADED SECURITY 52 174,443 430,721
    PUBLICLY TRADED SECURITY 53 663,406 750,640
    PUBLICLY TRADED SECURITY 54 83,961 591,178
    PUBLICLY TRADED SECURITY 55 275,624 588,935
    PUBLICLY TRADED SECURITY 56 880,753 1,246,508
    PUBLICLY TRADED SECURITY 57 400,943 996,384
    PUBLICLY TRADED SECURITY 58 218,816 690,357
    PUBLICLY TRADED SECURITY 59 592,592 920,423
    PUBLICLY TRADED SECURITY 60 231,274 1,040,208
    PUBLICLY TRADED SECURITY 61 355,399 1,172,076
    PUBLICLY TRADED SECURITY 62 630 627
    PUBLICLY TRADED SECURITY 63 166,080 166,080
    PUBLICLY TRADED SECURITY 64 298,557 298,523
    PUBLICLY TRADED SECURITY 65 401,871 704,117
    PUBLICLY TRADED SECURITY 66 631,965 822,826
    PUBLICLY TRADED SECURITY 67 732,682 356,945
    PUBLICLY TRADED SECURITY 68 360,596 365,904
    PUBLICLY TRADED SECURITY 69 434,692 582,434
    PUBLICLY TRADED SECURITY 70 313,309 340,441
    PUBLICLY TRADED SECURITY 71 389,747 597,590
    PUBLICLY TRADED SECURITY 72 82,793 103,878
    PUBLICLY TRADED SECURITY 73 293,520 299,654
    PUBLICLY TRADED SECURITY 74 186,114 362,462
    PUBLICLY TRADED SECURITY 75 300,948 294,483
    PUBLICLY TRADED SECURITY 76 855,819 913,611
    PUBLICLY TRADED SECURITY 77 338,425 619,352
    PUBLICLY TRADED SECURITY 78 295,490 389,233
    PUBLICLY TRADED SECURITY 79 491,071 635,586
    PUBLICLY TRADED SECURITY 80 287,218 544,481
    PUBLICLY TRADED SECURITY 81 135,925 396,713
    PUBLICLY TRADED SECURITY 82 434,423 543,506
    PUBLICLY TRADED SECURITY 83 356,299 383,406
    PUBLICLY TRADED SECURITY 84 480,624 873,891
    PUBLICLY TRADED SECURITY 85 736,624 722,162
    PUBLICLY TRADED SECURITY 86 461,162 387,219
    PUBLICLY TRADED SECURITY 87 251,212 522,605
    PUBLICLY TRADED SECURITY 88 278,523 420,357
    PUBLICLY TRADED SECURITY 89 600,423 731,280
    PUBLICLY TRADED SECURITY 90 312,742 204,351
    PUBLICLY TRADED SECURITY 91 575,040 805,565
    PUBLICLY TRADED SECURITY 92 304,719 305,332
    PUBLICLY TRADED SECURITY 93 535,119 587,200
    PUBLICLY TRADED SECURITY 94 617,744 486,603
    PUBLICLY TRADED SECURITY 95 328,946 461,178
    PUBLICLY TRADED SECURITY 96 538,326 665,695
    PUBLICLY TRADED SECURITY 97 521,824 638,263
    PUBLICLY TRADED SECURITY 98 589,071 769,539
    PUBLICLY TRADED SECURITY 99 524,451 612,814
    PUBLICLY TRADED SECURITY 100 374,923 644,689
    PUBLICLY TRADED SECURITY 101 260,464 277,741
    PUBLICLY TRADED SECURITY 102 630,693 746,938
    PUBLICLY TRADED SECURITY 103 338,932 335,299
    PUBLICLY TRADED SECURITY 104 663,741 1,050,144
    PUBLICLY TRADED SECURITY 105 61,149 61,149

    TY 2021 InvestmentsOtherSchedule2
    Name:
    ALBERT AND 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 SECURITY 1 AT COST 2,286,000 0
    NON-MARKETABLE CORPORATE EQUITY SECURITY 2 AT COST 695,026 695,026
    ALTERNATIVE INVESTMENT 1 AT COST 15,107 14,304
    ALTERNATIVE INVESTMENT 2 AT COST 5,741 5,741
    ALTERNATIVE INVESTMENT 3 AT COST 2,671 2,671
    ALTERNATIVE INVESTMENT 4 AT COST 17,916,614 21,926,172
    ALTERNATIVE INVESTMENT 5 AT COST 785,600 598,060
    ALTERNATIVE INVESTMENT 6 AT COST 3,064,229 4,120,334
    ALTERNATIVE INVESTMENT 7 AT COST 3,454,453 3,734,616
    ALTERNATIVE INVESTMENT 8 AT COST 1,051,721 1,274,144
    ALTERNATIVE INVESTMENT 9 AT COST 6,116,854 15,827,126
    ALTERNATIVE INVESTMENT 10 AT COST 472,678 337,269
    ALTERNATIVE INVESTMENT 11 AT COST 30,718 30,721
    ALTERNATIVE INVESTMENT 12 AT COST 145,815 122,210
    ALTERNATIVE INVESTMENT 13 AT COST 164,783 170,480
    ALTERNATIVE INVESTMENT 14 AT COST 131,537 717,238
    ALTERNATIVE INVESTMENT 15 AT COST 197,290 148,253
    ALTERNATIVE INVESTMENT 16 AT COST 107,906 484,176
    ALTERNATIVE INVESTMENT 17 AT COST 938,368 2,627,019
    ALTERNATIVE INVESTMENT 18 AT COST 1,225,780 1,884,800
    ALTERNATIVE INVESTMENT 19 AT COST 232,634 2,586,180
    ALTERNATIVE INVESTMENT 20 AT COST 1,139,379 1,106,579
    ALTERNATIVE INVESTMENT 21 AT COST 1,514,078 2,883,164
    ALTERNATIVE INVESTMENT 22 AT COST 1,735,472 2,443,613
    ALTERNATIVE INVESTMENT 23 AT COST 1,990,428 2,332,199
    ALTERNATIVE INVESTMENT 24 AT COST 2,011,425 2,701,308
    ALTERNATIVE INVESTMENT 25 AT COST 804,608 1,469,132
    ALTERNATIVE INVESTMENT 26 AT COST 48,358 217,652
    ALTERNATIVE INVESTMENT 27 AT COST 2,686,638 3,447,100
    ALTERNATIVE INVESTMENT 28 AT COST 1,655,339 2,557,109
    ALTERNATIVE INVESTMENT 29 AT COST 2,737,330 3,282,462
    ALTERNATIVE INVESTMENT 30 AT COST 1,587,690 1,924,361
    ALTERNATIVE INVESTMENT 31 AT COST 312,637 362,418
    ALTERNATIVE INVESTMENT 32 AT COST 1,600,337 1,693,788
    ALTERNATIVE INVESTMENT 33 AT COST 2,969,838 2,969,838
    ALTERNATIVE INVESTMENT 34 AT COST 121,660 95,244
    ALTERNATIVE INVESTMENT 35 AT COST 311,099 211,295
    ALTERNATIVE INVESTMENT 36 AT COST 427,136 414,684
    ALTERNATIVE INVESTMENT 37 AT COST 757,174 818,845
    ALTERNATIVE INVESTMENT 38 AT COST 165,629 896,206
    ALTERNATIVE INVESTMENT 39 AT COST 1,491,113 7,102,588
    ALTERNATIVE INVESTMENT 40 AT COST 2,545,727 4,673,880
    ALTERNATIVE INVESTMENT 41 AT COST 2,518,114 60,014
    ALTERNATIVE INVESTMENT 42 AT COST 7,248 23,103
    ALTERNATIVE INVESTMENT 43 AT COST 792,570 1,436,491
    ALTERNATIVE INVESTMENT 44 AT COST 158,880 456,699
    ALTERNATIVE INVESTMENT 45 AT COST 2,697,375 13,536,434
    ALTERNATIVE INVESTMENT 46 AT COST 8,000,000 14,262,332
    ALTERNATIVE INVESTMENT 47 AT COST 4,426,826 11,204,577
    ALTERNATIVE INVESTMENT 48 AT COST 5,842,728 18,105,296
    ALTERNATIVE INVESTMENT 49 AT COST 5,000,000 7,269,726
    ALTERNATIVE INVESTMENT 50 AT COST 0 45,105
    ALTERNATIVE INVESTMENT 51 AT COST 1,563,683 1,357,621
    ALTERNATIVE INVESTMENT 52 AT COST 624,780 1,381,873
    ALTERNATIVE INVESTMENT 53 AT COST 273,317 341,530
    ALTERNATIVE INVESTMENT 54 AT COST 0 1,257,712
    ALTERNATIVE INVESTMENT 55 AT COST 1,317,999 3,243,994
    ALTERNATIVE INVESTMENT 56 AT COST 1,910,767 3,455,977
    ALTERNATIVE INVESTMENT 57 AT COST 1,936,866 1,748,758
    ALTERNATIVE INVESTMENT 58 AT COST 893,424 1,511,181
    ALTERNATIVE INVESTMENT 59 AT COST 1,383,321 1,618,563
    ALTERNATIVE INVESTMENT 60 AT COST 920,315 969,012
    ALTERNATIVE INVESTMENT 61 AT COST 2,210,794 3,505,016

    TY 2021 OtherAssetsSchedule
    Name:
    ALBERT AND MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OIL AND GAS INTEREST ORRI 0 0 1


    TY 2021 OtherDecreasesSchedule
    Name:
    ALBERT AND MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Description Amount
    BOOK/TAX DIFFERENCES IN INVESTMENTS 3,219,868


    TY 2021 OtherExpensesSchedule
    Name:
    ALBERT AND MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GENERAL AND ADMINISTRATIVE 14,606 7,076   6,182


    TY 2021 OtherIncomeSchedule2
    Name:
    ALBERT AND MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PASSTHROUGH K-1 INCOME 650,296 562,598 650,296
    OIL & GAS ROYALTY INCOME 198 198 198
    PASSTHROUGH - INTEREST INCOME 197,728 197,728 197,728
    PASSTHROUGH - DIVIDEND INCOME 235,826 235,826 235,826
    PASSTHROUGH K-1 INCOME - UBTI -452,978   -452,978


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    ALBERT AND MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 676,378 674,927   0


    TY 2021 TaxesSchedule
    Name:
    ALBERT AND MARGARET ALKEK FOUNDATION
    EIN:
    76-0491186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 440,000 0   0