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 11-01-2021 , and ending 10-31-2022
Name of foundation
THE ELKINS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1001 FANNIN 1333
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX77002
A Employer identification number

74-6051746
B Telephone number (see instructions)

(713) 652-2020
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$296,974,175J 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) 1,132,052
2 Check bullet.............
3 Interest on savings and temporary cash investments 241,867 241,867  
4 Dividends and interest from securities... 6,340,449 6,340,449  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 14,735,309
b Gross sales price for all assets on line 6a 102,028,631
7 Capital gain net income (from Part IV, line 2)... 14,735,309
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 45,571 32,881  
12 Total. Add lines 1 through 11........ 22,495,248 21,350,506  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 31,250 15,616   15,625
c Other professional fees (attach schedule).... Click to see attachment 1,284,374 1,128,972   154,726
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 281,822 66,122   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 181,043 181,043   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,778,489 1,391,753   170,351
25 Contributions, gifts, grants paid....... 13,621,500 13,621,500
26 Total expenses and disbursements. Add lines 24 and 25 15,399,989 1,391,753   13,791,851
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 7,095,259
b Net investment income (if negative, enter -0-) 19,958,753
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.............      
2 Savings and temporary cash investments......... 21,309,396 28,450,490 28,450,490
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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)....... 173,358,632 Click to see attachment172,416,820 263,788,061
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,585,735 Click to see attachment4,647,489 4,735,624
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 198,253,763 205,514,799 296,974,175
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...........    
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........ 20,083,230 20,083,230
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 178,170,533 185,431,569
29 Total net assets or fund balances (see instructions)..... 198,253,763 205,514,799
30 Total liabilities and net assets/fund balances (see instructions). 198,253,763 205,514,799
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
198,253,763
2
Enter amount from Part I, line 27a .....................
2
7,095,259
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
165,777
4
Add lines 1, 2, and 3 ..........................
4
205,514,799
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
205,514,799
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 P   2021-10-31
b PASSTHROUGH K-1 CAPITAL GAIN P   2021-10-31
c
d
e
(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 102,028,631   87,288,921 14,739,710
b     4,401 -4,401
c
d
e
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       14,739,710
b       -4,401
c
d
e
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 14,735,309
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........................... 3 277,427
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- ..... 5 277,427
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 227,257
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.............. 7 227,257
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 50,170
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
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 addressbulletN/A
    14
    The books are in care ofbulletHOUSTON TRUST COMPANY Telephone no.bullet (713) 651-9409

    Located atbullet3737 BUFFALO SPEEDWAY SUITE 200HOUSTONTX ZIP+4bullet77098
    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)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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
     
     
    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
    VIRGINIA A ELKINS VICE PRESIDENT & TRUSTEE
    2.00     		0 0 0
    1001 FANNIN STE 1333
    HOUSTON,TX77002
    ELISE E JOSEPH PRESIDENT & TRUSTEE
    2.00     		0 0 0
    1001 FANNIN STE 1333
    HOUSTON,TX77002
    LESLIE E SASSER VICE PRESIDENT & TRUSTEE
    2.00     		0 0 0
    1001 FANNIN STE 1333
    HOUSTON,TX77002
    LARRY MEDFORD SECRETARY & TREASURER
    2.00     		0 0 0
    1001 FANNIN STE 1333
    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
    HOUSTON TRUST COMPANY INVESTMENT MGMNT 1,282,713
    3737 BUFFALO SPEEDWAY SUITE 200
    HOUSTON,TX77098
    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 N/A 0
    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
    268,040,822
    b
    Average of monthly cash balances.......................
    1b
    35,799,139
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,735,624
    d
    Total (add lines 1a, b, and c).........................
    1d
    308,575,585
    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
    308,575,585
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    4,628,634
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    303,946,951
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    15,197,348
    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
    15,197,348
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    277,427
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    2,080
    c
    Add lines 2a and 2b............................
    2c
    279,507
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    14,917,841
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    14,917,841
    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
    14,917,841
    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 14,917,841
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 13,496,179
    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$ 13,791,851
    a Applied to 2020, but not more than line 2a 13,496,179
    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..... 295,672
    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 ..........     		14,622,169
    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:
    LARRY MEDFORD CO PARAFFINE MANAGEME
    1001 FANNIN SUITE 1333
    HOUSTON,TX77002
    (713) 652-2020
    INFO@THEELKINSFOUNDATION.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    SUBMITTED ONLINE STATING PURPOSE OF REQUEST
    cAny submission deadlines:
    JUNE 30
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GENERALLY LIMITED TO HOUSTON AREA FOR CHARITABLE, RELIGIOUS, SCIENTIFIC & EDUCATIONAL PURPOSES
    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
    AIDS FOUNDATION HOUSTON
    6260 WESTPARK DR STE 100
    HOUSTON,TX77057     		N/A PC SUPPORT OF PRIMARY HEALTH CARE 100,000
    AMAZING PLACE
    3735 DREXEL DR
    HOUSTON,TX77027     		N/A PC SUPPORT OF THE AMAZING TOGETHER CAMPAIGN 100,000
    ASIA SOCIETY TEXAS CENTER
    1370 SOUTHMORE BLVD
    HOUSTON,TX77004     		N/A PC SUPPORT OF THE EDUCATION PROJECT 250,000
    BAYLOR COLLEGE OF MEDICINE
    1 BAYLOR PLAZA
    HOUSTON,TX77030     		N/A PC SUPPORT OF THE NEW HEALTH SCIENCES EDUCATION BUILDING 1,200,000
    BIG BROTHERS BIG SISTERS
    1003 WASHINGTON AVE
    HOUSTON,TX77002     		N/A PC SUPPORT OF STAFF SALARY INCENTIVE TO ADDRESS INFLATION 100,000
    BRIDGE YEAR
    3414 EASTSIDE ST
    HOUSTON,TX77098     		N/A PC SUPPORT OF THE EXPANSION OF HANDS-ON CAREER EXPLORATION 50,000
    CAMP ALLEN
    18800 FM 362
    NAVASOTA,TX77868     		N/A PC SUPPORT OF GENERAL OPERATING FUNDS 50,000
    CAMP ARANZAZU FOUNDATION
    5420 LOOP 1781
    ROCKPORT,TX78382     		N/A PC SUPPORT OF THE CAMP ARANZAZU RESILIENCY FUND 100,000
    CANCARE
    9575 KATY FWY 428
    HOUSTON,TX77024     		N/A PC SUPPORT OF IMPACT ACCELERATION INTIATIVE 15,000
    CHERISH OUR CHILDREN INTERNATIONAL
    448 W 19TH ST BOX 647
    HOUSTON,TX77008     		N/A PC SUPPORT OF THE GEMS PROGRAM FOR STUDENTS OF INCARCERATED PARENTS 10,000
    CHILDREN'S MUSEUM OF HOUSTON
    1500 BINZ ST
    HOUSTON,TX77004     		N/A PC SUPPORT OF THE RENOVATION OF THE POWERPLAY EXHIBIT 75,000
    CHRIST CHURCH CATHEDRAL
    1117 TEXAS AVENUE
    HOUSTON,TX77002     		N/A PC SUPPORT OF CHRIST CHURCH CATHEDRAL AT-RISK YOUTH 30,000
    CHRISTIAN COMMUNITY SERVICE CENTER
    3434 BRANARD ST
    HOUSTON,TX77027     		N/A PC SUPPORT OF THE EMERGENCY SERVICES PROGRAM 30,000
    COMMUNITIES IN SCHOOLS
    3000 IH 35 FRONTAGE RD SUITE 200
    AUSTIN,TX78704     		N/A PC SUPPORT OF THE EXPANSION OF THE COMMUNITIES IN SCHOOLS MENTAL HEALTH INITIATIVE 50,000
    COVENANT HOUSE TEXAS
    1111 LOVETT BLVD
    HOUSTON,TX77006     		N/A PC SUPPORT OF THE BUILDING FOR LIFE CAPITAL CAMPAIGN 250,000
    CROHN'S & COLITIS FOUNDATION
    5120 WOODWAY DR
    HOUSTON,TX77056     		N/A PC SUPPORT OF SCHOOL ACCOMMODATIONS FOR PEDIATRIC IBD PATIENTS 25,000
    CULLINAN PARK CONSERVANCY
    12414 HWY 6
    SUGAR LAND,TX77498     		N/A PC SUPPORT OF THE LEAP (LEARN, EXPLORE & PLAY) PROJECT 50,000
    DELIVERFUND
    3800 MAPLE AVE SUITE 500
    DALLAS,TX75219     		N/A PC SUPPORT OF THE EXPANSION OF THE HOUSTON PATH TO COMBAT HUMAN TRAFFICKING 100,000
    FAMILIES EMPOWERED
    2050 N LOOP W SUITE 230
    HOUSTON,TX77018     		N/A PC SUPPORT OF THE HOUSTON CAPACITY BUILDING ROJECT 30,000
    FOUNDATION FOR JONES HALL
    615 LOUISIANA ST
    HOUSTON,TX77002     		N/A PC SUPPORT OF OVERTURE TO THE FUTURE 1,000,000
    GATEWAY ACADEMY
    3721 DACOMA ST
    HOUSTON,TX77092     		N/A PC SUPPORT OF CAPITAL REPAIRS REPLACING THE ROOF 15,000
    GIRLS INC OF GREATER HOUSTON
    2190 NORTH LOOP WEST SUITE 105
    HOUSTON,TX77018     		N/A PC SUPPORT OF THE SPECIAL PROJECT TO REPLACE GIGH OUTDATED EQUIPMENT 18,100
    GLENWOOD CEMETERY HISTORIC
    2525 WASHINGTON AVENUE
    HOUSTON,TX77007     		N/A PC SUPPORT OF MAINTENANCE, PRESERVATION OF TREES, LANDSCAPING AND IMPORVEMENTS 10,000
    GREATER HOUSTON COMMUNITY FOUNDATION
    515 POST OAK BLVD SUITE 1000
    HOUSTON,TX77027     		N/A PC SUPPORT OF UNDERSTANDING HOUSTON ENHANCEMENT 50,000
    HAVE SHEARS WILL TRAVEL
    3007 WOODLAND HILLS DR229
    KINGWOOD,TX77339     		N/A PC SUPPORT OF THE BARBER AND COSMETOLOGY SCHOOL 20,000
    HERMANN PARK CONSERVANCY
    1700 HERNMANN DR
    HOUSTON,TX77004     		N/A PC SUPPORT OF THE PLAY YOUR PARK CAMPAIGN 100,000
    HOPE AND HEALING CENTER & INSTITUTE
    717 SAGE RD
    HOUSTON,TX77056     		N/A PC SUPPORT OF THE GATEWAY TO HOPE PROGRAM 10,000
    HOUSTON ARTS ALLIANCE
    5280 CAROLINE ST STE 100
    HOUSTON,TX77004     		N/A PC SUPPORT OF THE CULTURAL ASSETS INVENTORY FOR DISASTER RECOVERY 50,000
    HOUSTON BALLET FOUNDATION
    601 PRESTON ST
    HOUSTON,TX770021605     		N/A PC SUPPORT OF THE LAUREN ANDERSON YOUNG DANCER SCHOLARSHIP FUND 25,000
    HOUSTON BOTANIC GARDEN
    1 BOTANIC LANE
    HOUSTON,TX77017     		N/A PC SUPPORT OF THE ENHANCED INTERPRETATION AND WAYFINDING 50,000
    HOUSTON HOSPICE
    1905 HOLCOMBE BLVD
    HOUSTON,TX77030     		N/A PC SUPPORT OF EXPANSION OF TRAINING, COUNSELING AND WORKSPACE 50,000
    HOUSTON METHODIST HOSPITAL
    6565 FANNIN ST
    HOUSTON,TX77030     		N/A PC SUPPORT OF THE CAMPAIGN FOR OUR SECOND CENTURY 600,000
    HOUSTON ZOO INC
    6200 HERMAN PARK DRIVE
    HOUSTON,TX77030     		N/A PC SUPPORT OF KEEPING OUR WORLD WILD CENTENNIAL CAMPAIGN 250,000
    JOY SCHOOL
    1 CHELSEA BLVD
    HOUSTON,TX77006     		N/A PC SUPPORT OF THE DREAM BIG CAPITAL CAMPAIGN 100,000
    KIDS' MEALS
    330 GARDEN OAKS BLVD
    HOUSTON,TX77018     		N/A PC SUPPORT OF KIDS' MEALS BUILDING HOPE CAMPAIGN 500,000
    LAWNDALE ART & PERFORMANCE CENTER
    4912 MAIN ST
    HOUSTON,TX77002     		N/A PC SUPPORT OF THE 4900 MAIN STREET CAPITAL EXPANSION 100,000
    MAGNIFICENT HOUSES INC
    PO BOX 8486
    HOUSTON,TX77288     		N/A PC SUPPORT OF MHI'S HOMELESS HOUSING REPAIR PROJECT 25,000
    MAIN STREET MINISTRIES HOUSTON
    5100 TRAVIS ST
    HOUSTON,TX77002     		N/A PC SUPPORT OF EXPANSION OF THE LIFE EMPOWERMENT PROGRAM 25,000
    MD ANDERSON CANCER CENTER
    1515 HOLCOMBE BLVD
    HOUSTON,TX77030     		N/A PC SUPPORT OF NEW CLINICAL TRIAL DESIGNED TO EXPLORE THE INTERACTIONS BETWEEN IMMUNOTHERAPY AND DIET 1,000,000
    MEMORIAL HERMANN FOUNDATION
    929 GESSNER ROAD SUITE 260
    HOUSTON,TX77024     		N/A PC SUPPORT OF THE EXPANSION OF MEMORIAL HERMANN'S LIFE FLIGHT FLEET 50,000
    MILLER THEATRE ADVISORY BOARD
    6000 HERMANN PARK DRIVE
    HOUSTON,TX77030     		N/A PC SUPPORT OF THE 100TH ANNIVERSARY CAPITAL CAMPAIGN 100,000
    MISSION SQUASH
    1100 MERRILL ST
    HOUSTON,TX77009     		N/A PC SUPPORT OF A NEW VAN - INCLUDING TAXES, DEALER FEES, AND INSURANCE FOR ONE YEAR 40,000
    PERFORMING ARTS HOUSTON
    615 LOUISIANA STREET SUITE 100
    HOUSTON,TX770022715     		N/A PC SUPPORT OF SECONDARY SCHOOLS ARTS EDUCATION EXPANSION 75,000
    PRISON ENTREPRENEURSHIP PROGRAM
    6501 NAVIGATION BLVD STE H7
    HOUSTON,TX77011     		N/A PC SUPPORT OF PEP COLLIDER PROGRAM BUILD-OUT AND EXPANSION 10,000
    PROJECT ROW HOUSES
    2521 HOLMAN ST
    HOUSTON,TX77004     		N/A PC SUPPORT OF THE ROAD BACK TO ELDORADO CAPITAL CAMPAIGN 50,000
    PRO-VISION INC
    4590 WILMINGTON ST
    HOUSTON,TX77051     		N/A PC SUPPORT OF THE PRO-VISION HOUSING INITIATIVE 50,000
    PX PROJECT
    3471 WESTHEIMER ROAD
    HOUSTON,TX77027     		N/A PC SUPPORT OF THE WORKFORCE DEVELOPMENT 25,000
    RETINA RESEARCH FOUNDATION
    1977 BUTLER BLVD
    HOUSTON,TX77030     		N/A PC SUPPORT OF THE PURCHASE OF RESEARCH EQUIPMENT 5,000
    RICE UNIVERSITY
    PO BOX 1892
    HOUSTON,TX77251     		N/A PC SUPPORT OF THE NEW ENGINEERING AND SCIENCE BUILDING 700,000
    RONALD MCDONALD HOUSE HOUSTON
    1907 HOLCOMBE BLVD
    HOUSTON,TX77030     		N/A PC SUPPORT OF THE CONSTRUCTION OF HOLCOMBE HOUSE 100,000
    SIGHT INTO SOUND
    3935 ESSEX LN
    HOUSTON,TX77027     		N/A PC SUPPORT OF THE READING PROGRAM 10,000
    SMALL PLACES
    257 N GREENWOOD
    HOUSTON,TX77011     		N/A PC SUPPORT OF THE FIRST OF MANY CAPITAL CAMPAIGN 20,000
    SMALL STEPS NURTURING CENTER
    2902 JENSEN DR
    HOUSTON,TX77026     		N/A PC SUPPORT OF THE SMALL STEPS 5TH WARD CAMPUS EXPANSION 100,000
    SOCIETY OF ST VINCENT DE PAUL
    6800 BUFAALO SPEEDWAY
    HOUSTON,TX77025     		N/A PC SUPPORT OF DIRECT FUNDING FOR OUR NEIGHBORS IN NEED 300,000
    SPRING BRANCH COMM HEALTH CENTER
    1615 HILLENDAHL BLVD 100
    HOUSTON,TX77055     		N/A PC SUPPORT OF PURCHASING ULTRASOUND SANITATION EQUIPMENT 22,000
    ST LUKE'S UNITED METHODIST CHURCH
    3471 WESTHEIMER ROAD
    HOUSTON,TX77027     		N/A PC SUPPORT OF ST. LUKE'S GULFTON COMMUNITY CENTER 500,000
    STAGES REPERTORY THEATRE
    800 ROSINE ST
    HOUSTON,TX77019     		N/A PC SUPPORT OF THE PROJECT AND CAPITAL SUPPORT FOR PLUMSHUGA 50,000
    SIRE INC
    4800 W 34TH ST STE D-6
    HOUSTON,TX77092     		N/A PC SUPPORT OF CAPITAL IMPROVEMENTS: HORSE TRANSPORT VEHICLES 50,000
    THE SALVATION ARMY
    1221 RIVER BEND DR
    DALLAS,TX75247     		N/A PC SUPPORT OF THE NEAR NORTHSIDE CAMPUS CAPITAL IMPROVEMENTS 600,000
    TEXAS CHILDREN'S HOSPITAL
    6621 FANNIN STREET
    HOUSTON,TX77030     		N/A PC SUPPORT OF EXPANDING THE TEXAS CHILDREN'S PAVILION FOR WOMEN 2,000,000
    TEXAS PARKS & WILDLIFE FOUNDATION
    2914 SWISS AVE
    DALLAS,TX75204     		N/A PC SUPPORT OF THE TEXAS STATE PARKS CENTENNIAL CELEBRATION FUNDRAISING CAMPAIGN FOR PROGRAM EXPANSION 100,000
    TUTS
    800 BAGBY ST UNIT 200
    HOUSTON,TX77002     		N/A PC SUPPORT OF THE RIVER (AN EDUCATION PROGRAM FOR STUDENTS WITH DEVELOPMENTAL OR PHYSICAL DISABILITIES) 50,000
    TIRR FOUNDATION
    3355 W ALABAMA ST STE 950
    HOUSTON,TX77098     		N/A PC SUPPORT OF THE MISSION CONNECT I P AWARD 25,000
    TREES FOR HOUSTON
    PO BOX 270477
    HOUSTON,TX77277     		N/A PC SUPPORT OF THE EXPANSION OF TREE FARMS AND THE PLANTING AND MAINTENANCE OF TREES FOR PUBLIC BENEFIT 20,000
    UNITED WAY OF THE TEXAS GULF COAST
    P O BOX 924507
    HOUSTON,TX772924507     		N/A PC SUPPORT ALEXIS DE TOCQUEVILLE SOCIETY ANNUAL CAMPAIGN 100,000
    UNIVERSITY OF TEXAS-HSC
    210 WEST 7TH STREET
    AUSTIN,TX787012982     		N/A PC SUPPORT OF PEDIATRIC POPULATION HEALTH AND INJURY PREVENTION 150,000
    UNIVERSITY OF TEXAS MCCOMBS SCHOOL
    2100 SPEEDWAY
    AUSTIN,TX78705     		N/A PC SUPPORT OF THE MULVA HALL FACILITIES PROJECT 1,000,000
    UNIVERSITY OF TEXAS MEDICAL BRANCH
    301 UNIVERSITY BLVD
    GALVESTON,TX77555     		N/A PC SUPPORT OF TESTING CAPACITY FOR PANDEMIC PREPAREDNESS 250,000
    URBAN HARVEST
    3302 CANAL STREET
    HOUSTON,TX77003     		N/A PC SUPPORT OF DEVELOPING A SUSTAINABLE SCHOOLS PROGRAM 30,000
    VIRGINIA THEOLOGICAL SEMINARY
    3737 SEMINARY RD
    ALEXANDRIA,VA22304     		N/A PC SUPPORT OF THE DEANERY RENOVATION 50,000
    WELLSPRINGS VILLAGE INC
    PO BOX 311017
    HOUSTON,TX77231     		N/A PC SUPPORT OF REFURNISHING BEDROOMS AND COMMON AREAS FOR WOMEN 11,400
    WILL ERWIN HEADACHE
    609 MAIN ST
    HOUSTON,TX77002     		N/A PC SUPPORT OF RESEARCH FOR A CURE FOR DEBILITATING HEADACHES 15,000
    WONDERWORKS
    PO BOX 667550
    HOUSTON,TX772667550     		N/A PC SUPPORT OF EXPANDING AND ENHANCING WONDERWORK'S ARTS AND HUMANITIES, AND COLLEGE ACCESS PROJECTS 50,000
    YES PREP PUBLIC SCHOOLS
    6565 DE MOSS DR
    HOUSTON,TX77074     		N/A PC SUPPORT OF THE ALL MEANS ALL CAPITAL PROJECT 50,000
    YMCA OF GREATER HOUSTON
    2600 N LOOP W FWY300
    HOUSTON,TX77092     		N/A PC SUPPORT OF THE 2022 HOLCOMB FAMILY YMCA CAPITAL CAMPAIGN 250,000
    Total .................................bullet 3a 13,621,500
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 241,867  
    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 ............     		    18 14,735,309  
    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) .. 12,690 21,350,506 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    21,363,196
    (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
    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
    Schedule B
    (Form 990)
    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
    2021
    Name of the organization
    THE ELKINS FOUNDATION
     
    Employer identification number

    74-6051746
    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) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE ELKINS FOUNDATION
          		Employer identification number
    74-6051746
    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
    ESTATE OF JAMES A ELKINS JR
     
    1001 FANNIN SUITE 700
     
    HOUSTON, TX77002

    		$ 1,132,052


    (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) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE ELKINS FOUNDATION
          		Employer identification number

    74-6051746
    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
    1
    		 SIGNET HEALTHCARE PARNTERS $ 281,381 2022-08-05
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 CALLERY JUDGE GROVE $ 467,803 2022-05-24
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 HOUSTON CITRUS INVESTORS $ 382,868 2022-05-26
    (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) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE ELKINS FOUNDATION
          		Employer identification number

    74-6051746
    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) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    THE ELKINS FOUNDATION
    EIN:
    74-6051746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 31,250 15,616   15,625

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE ELKINS FOUNDATION
    EIN:
    74-6051746
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCK 165,142,443 254,011,889
    MUTUAL FUNDS 7,274,377 9,776,172

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE ELKINS FOUNDATION
    EIN:
    74-6051746
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CLOSELY HELD SECURITIES AT COST 4,647,489 4,735,624

    TY 2021 OtherExpensesSchedule
    Name:
    THE ELKINS FOUNDATION
    EIN:
    74-6051746
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEE 14,509 14,509   0
    NET LOSS FROM PARTNERSHIPS 166,534 166,534   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE ELKINS FOUNDATION
    EIN:
    74-6051746
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISC. - LITIGATION PROCEEDS 9,102 9,102 9,102
    INTEREST INCOME FROM MUTUAL FUNDS 15,640 15,640 15,640
    UBTI FROM PARTNERSHIPS 12,690 0 12,690
    FOREIGN TAX REFUND 8,139 8,139 8,139


    TY 2021 OtherIncreasesSchedule
    Name:
    THE ELKINS FOUNDATION
    EIN:
    74-6051746
    Description Amount
    OTHER ADJUSTMENTS 165,777


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE ELKINS FOUNDATION
    EIN:
    74-6051746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUSTEE FEES 1,282,713 1,128,972   153,065
    CONSULTING FEE 1,661 0   1,661


    TY 2021 TaxesSchedule
    Name:
    THE ELKINS FOUNDATION
    EIN:
    74-6051746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 215,700 0   0
    FOREIGN TAXES 66,122 66,122   0