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 07-01-2021 , and ending 06-30-2022
Name of foundation
TAUB FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 130979
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX772190979
A Employer identification number

74-6060216
B Telephone number (see instructions)

(713) 688-3926
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$7,152,817J 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 35 35  
4 Dividends and interest from securities... 124,327 124,327  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 736,164
b Gross sales price for all assets on line 6a 2,020,880
7 Capital gain net income (from Part IV, line 2)... 736,164
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).......      
12 Total. Add lines 1 through 11........ 860,526 860,526  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 113,226      
b Accounting fees (attach schedule)....... Click to see attachment 2,400      
c Other professional fees (attach schedule).... Click to see attachment 45,661 45,661    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 54,024 11,624    
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 10,219 10,192    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 225,530 67,477   0
25 Contributions, gifts, grants paid....... 367,500 367,500
26 Total expenses and disbursements. Add lines 24 and 25 593,030 67,477   367,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 267,496
b Net investment income (if negative, enter -0-) 793,049
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............. 6,348 10,058 10,058
2 Savings and temporary cash investments......... 66,479 32,858 32,858
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)....... 3,911,046 Click to see attachment4,208,331 6,438,261
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet89,361
Less: accumulated depreciation (attach schedule) bullet   89,361 Click to see attachment89,361 671,640
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 4,073,234 4,340,608 7,152,817
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
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........ 1,595,065 1,595,065
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 2,478,169 2,745,543
29 Total net assets or fund balances (see instructions)..... 4,073,234 4,340,608
30 Total liabilities and net assets/fund balances (see instructions). 4,073,234 4,340,608
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
4,073,234
2
Enter amount from Part I, line 27a .....................
2
267,496
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,340,730
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
122
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,340,608
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 ABBVIE INC - 300 SHS P 2012-06-21 2021-09-01
b PHILIP MORRIS INTL - 500 SHS P 2008-04-03 2021-10-07
c S&P GLOBAL INC - CASH IN LIEU P 2016-04-28 2022-03-28
d PROGRESSIVE CORP - 400 SHS P 2021-06-01 2022-05-19
e ALTRIA GROUP INC - 300 SHS P 2004-09-09 2021-09-01
ALTRIA GROUP INC - 500 SHS P 2004-09-09 2021-11-05
SERVICENOW INC - 75 SHS P 2021-06-24 2022-03-31
ADOBE INC - 20 SHS P 2020-06-04 2022-06-14
CHEVRON CORP - 400 SHS P 2001-10-09 2021-09-01
S&P GLOBAL INC - 400 SHS P 2016-04-28 2021-11-05
NETFLIX INC - 125 SHS P 2021-10-07 2022-04-22
INTUITIVE SURGICAL INC - 25 SHS P 2021-03-09 2022-06-14
COCA-COLA - 550 SHS P 2005-02-23 2021-09-01
COMCAST CORP - 500 SHS P 2015-06-22 2021-11-08
AMAZON.COM INC - 20 SHS P 2019-08-14 2022-04-25
ESTEE LAUDER COMPANIES - 300 SHS P 2005-02-23 2022-06-14
JPMORGAN CHASE & CO - 500 SHS P 2004-09-13 2021-09-01
MCDONALD'S CORP - 100 SHS P 2007-10-31 2021-11-08
ADOBE INC - 50 SHS P 2020-06-04 2022-05-10
MCDONALD'S CORP - 125 SHS P 2007-10-31 2022-06-14
JOHNSON & JOHNSON - 300 SHS P 2010-06-09 2021-09-01
IHS MARKIT LTD - 100 SHS P 2020-09-17 2022-01-27
META PLATFORMS INC - 25 SHS P 2017-07-03 2022-05-10
SHERWIN WILLIAMS CO - 50 SHS P 2019-08-14 2022-06-14
MERCK & CO - 1,200 SHS P 2004-06-30 2021-09-01
CLARIVATE PLC - 500 SHS P 2021-06-24 2022-01-27
INTUIT INC - 25 SHS P 2020-06-04 2022-05-10
PROCTER & GAMBLE - 600 SHS P 2005-02-17 2021-09-01
AMAZON.COM INC - 15 SHS P 2019-08-14 2022-01-27
PROGRESSIVE CORP - 300 SHS P 2020-04-16 2022-05-10
IHS MARKIT LTD - 200 SHS P 2020-09-17 2021-10-07
SERVICENOW INC - 75 SHS P 2021-06-24 2022-02-24
INTUIT INC - 50 SHS P 2020-06-04 2022-05-10
ABBVIE INC - 675 SHS P 2012-06-21 2021-10-07
CLARIVATE PLC - 3,500 SHS P 2021-06-24 2022-02-24
S&P GLOBAL INC - 300 SHS P 2016-04-28 2022-05-16
ALTRIA GROUP INC - 200 SHS P 2004-09-09 2021-10-07
META PLATFORMS INC - 150 SHS P 2017-07-03 2022-02-24
S&P GLOBAL INC - CASH IN LIEU P 2016-04-28 2022-05-20
COMCAST CORP - 1,500 SHS P 2015-06-22 2021-10-07
MASIMO CORP - 25 SHS P 2020-06-04 2022-02-24
INTERCONTINENTAL EXCHANGE - 650 SHS P 2021-03-09 2022-05-19
JPMORGAN CHASE & CO - 450 SHS P 2004-09-13 2021-10-07
PROGRESSIVE CORP - 300 SHS P 2020-04-16 2022-02-24
INTERCONTINENTAL EXCHANGE - 650 SHS P 2021-09-01 2022-05-19
ORGANON & CO - 255 SHS P 2004-06-30 2021-10-07
MASIMO CORP - 75 SHS P 2020-06-04 2022-03-08
INTUIT INC - 200 SHS P 2020-06-04 2022-05-19
PEPSICO INC - 300 SHS P 2005-02-23 2021-10-07
MASIMO CORP - 200 SHS P 2021-03-09 2022-03-08
PROGRESSIVE CORP - 100 SHS P 2020-04-16 2022-05-19
(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 36,230   13,929 22,301
b 48,711   12,892 35,819
c 206     206
d 44,081   31,557 12,524
e 15,003   3,367 11,636
22,483   5,612 16,871
42,575   41,509 1,066
7,419   11,552 -4,133
38,518   3,380 35,138
186,367   18,440 167,927
27,497   80,402 -52,905
4,823   7,274 -2,451
31,068   6,061 25,007
26,709   15,254 11,455
57,394   70,159 -12,765
73,172   6,753 66,419
79,590   19,900 59,690
25,507   7,503 18,004
19,489   31,140 -11,651
30,182   7,185 22,997
52,032   17,569 34,463
11,489   7,849 3,640
4,968   9,532 -4,564
11,888   8,703 3,185
91,908   14,204 77,704
7,947   13,094 -5,147
9,495   14,181 -4,686
86,101   31,513 54,588
42,675   52,680 -10,005
33,026   25,319 7,707
23,894   15,698 8,196
41,515   41,509 6
17,868   21,739 -3,871
74,037   24,537 49,500
55,682   87,658 -31,976
100,243   40,017 60,226
9,369   2,244 7,125
29,631   57,189 -27,558
6     6
86,260   45,761 40,499
3,768   6,888 -3,120
62,263   75,846 -13,583
77,131   17,910 59,221
30,697   29,589 1,108
62,262   78,555 -16,293
8,407   1,165 7,242
10,564   17,070 -6,506
72,809   59,027 13,782
46,730   16,384 30,346
28,171   49,528 -21,357
11,020   7,889 3,131
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       22,301
b       35,819
c       206
d       12,524
e       11,636
      16,871
      1,066
      -4,133
      35,138
      167,927
      -52,905
      -2,451
      25,007
      11,455
      -12,765
      66,419
      59,690
      18,004
      -11,651
      22,997
      34,463
      3,640
      -4,564
      3,185
      77,704
      -5,147
      -4,686
      54,588
      -10,005
      7,707
      8,196
      6
      -3,871
      49,500
      -31,976
      60,226
      7,125
      -27,558
      6
      40,499
      -3,120
      -13,583
      59,221
      1,108
      -16,293
      7,242
      -6,506
      13,782
      30,346
      -21,357
      3,131
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 2 736,164
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 -114,082
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  
3 Add lines 1 and 2........................... 3 11,023
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,023
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 23,594
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 23,594
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 12,571
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet11,100 RefundedBullet 11 1,471
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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 ofbulletHENRY JN TAUB II Telephone no.bullet (713) 688-3926

    Located atbulletPO BOX 130979HOUSTONTX ZIP+4bullet772190979
    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
     
     
    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
     
    No
    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
     
     
    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
    HENRY JN TAUB II PRES/TREAS
    0.75     		0 0 0
    PO BOX 130979
    HOUSTON,TX772190979
    GAIL HENDRYX VP/SECRETARY
    0.25     		0 0 0
    PO BOX 130979
    HOUSTON,TX772190979
    KENNETH L MATTOX VP/ASST S/T
    0.25     		0 0 0
    PO BOX 130979
    HOUSTON,TX772190979
    TIMOTHY D KENNEALLY VP/ASST SEC
    0.25     		0 0 0
    PO BOX 130979
    HOUSTON,TX772190979
    HENRY TAUB WESSELL ADVISORY TRU
    0.25     		0 0 0
    PO BOX 130979
    HOUSTON,TX772190979
    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  
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    7,876,194
    b
    Average of monthly cash balances.......................
    1b
    66,373
    c
    Fair market value of all other assets (see instructions)................
    1c
    671,640
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,614,207
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    8,614,207
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    129,213
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    8,484,994
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    424,250
    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
    424,250
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    11,023
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,023
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    413,227
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    413,227
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    413,227
    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 7 413,227
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 362,836
    b Total for prior years:20, 20, 20  
    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 ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 367,500
    a Applied to 2020, but not more than line 2a 362,836
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 4,664
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		408,563
    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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    BAYLOR COLLEGE OF MEDICINE
    ONE BAYLOR PLAZA
    HOUSTON,TX77030     		  501(C)(3) MEDICAL RESEARCH 255,500
    CONGREGATION BETH ISRAEL
    5600 N BRAESWOOD BLVD
    HOUSTON,TX77096     		  501(C)(3) SUPPORT CAPITAL CAMPAIGN 30,000
    DEER PARK SCHOOL DISTRICT
    2800 TEXAS AVENUE
    DEER PARK,TX77536     		  501(C)(3) GYM & THEATER PROGRAM SUPPORT 1,000
    DEPELCHIN CHILDREN'S CENTER
    4950 MEMORIAL DRIVE
    HOUSTON,TX77007     		  501(C)(3) SUPPORT FAMILY SERVICES 1,000
    METHODIST HOSPITAL FOUNDATION
    6565 FANNIN STE 944
    HOUSTON,TX77030     		  501(C)(3) MEDICAL RESEARCH 20,000
    ST MICHAEL THE ARCHANGEL CATHOLIC
    CHURCH
    1801 SAGE ROAD
    HOUSTON,TX77056     		  501(C)(3) BAUTISTA MOSAIC 20,000
    THE MENIL COLLECTION
    1515 BRANARD
    HOUSTON,TX77006     		  501(C)(3) SUPPORT ARTS PROGRAMS 40,000
    Total .................................bullet 3a 367,500
    bApproved for future payment
    Total .................................bullet 3b  
    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 35  
    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 ............     		    18 736,164  
    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) ..   860,526  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    860,526
    (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

    TY 2021 AccountingFeesSchedule
    Name:
    TAUB FOUNDATION
    EIN:
    74-6060216
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREP & FINANCIAL STATEMENTS 2,400      

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    TAUB FOUNDATION
    EIN:
    74-6060216
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 71,541 217,300
    ABBVIE INC    
    ADOBE INC 76,686 65,891
    AIR PRODUCTS & CHEMICALS INC 157,119 168,336
    ALPHABET INC 233,039 218,745
    ALTRIA GROUP INC 40,225 75,186
    AMAZON.COM INC 217,513 212,420
    APPLE INC 88,620 82,032
    ASML HOLDINGS 31,307 23,794
    AUTOMATIC DATA PROCESSING 39,298 42,008
    BLACKROCK INC 120,409 243,616
    BROADRIDGE FINANCIAL SOLUTIONS 62,665 71,275
    CANADIAN PACIFIC RAILWAY 93,241 90,792
    CHEVRON CORP 20,954 359,054
    CLARIVATE PLC    
    COCA COLA CO 33,062 188,730
    COMCAST CORP 106,776 137,340
    EOG RESOURCES 31,604 27,610
    ESTEE LAUDER COMPANIES INC 24,753 280,137
    EXXON MOBIL CORP 273,729 256,920
    FREEPORT MCMORAN COPPER 67,600 38,038
    GARTNER INC 71,772 72,549
    HESS CORPORATION 144,806 153,613
    IHS MARKIT LTD    
    INTERCONTINENTAL EXCHANGE INC    
    INTUIT INC    
    INTUITIVE SURGICAL INC 127,046 100,355
    JOHNSON & JOHNSON    
    JP MORGAN CHASE & CO 45,309 135,132
    MARRIOTT INTERNATIONAL 116,756 108,808
    MASIMO CORP    
    MASTERCARD INC 165,945 149,853
    MCDONALDS CORP 50,295 216,020
    MERCK & CO INC    
    META PLATFORMS INC (FACEBOOK) 216,516 149,156
    MICROSOFT CORP 122,204 449,452
    NESTLE SA-SPONS ADR 108,545 116,390
    NIKE INC 40,312 30,660
    NOVO-NORDISK A/S-SPON ADR 92,645 144,859
    ORGANON & CO    
    OTIS WORLDWIDE CORP 15,218 31,802
    PEPSICO INC 60,075 183,326
    PHILIP MORRIS INTERNATIONAL 69,616 266,598
    PROCTOR & GAMBLE CO 108,844 100,653
    PROGRESSIVE CORP    
    RAYTHEON TECHNOLOGIES CORP 32,119 86,499
    S&P GLOBAL INC. 27,029 206,618
    SERVICENOW INC    
    SHERWIN-WILLIAMS CO 56,573 72,771
    TEXAS INSTRUMENTS INC 191,856 161,332
    UNION PACIFIC CORP 109,534 191,952
    UNITEDHEALTH GROUP INC 160,299 231,134
    VERISK ANALYTICS INC 61,463 60,581
    VISA INC 175,763 167,357
    ZOETIS INC 47,650 51,567

    TY 2021 InvestmentsLandSchedule2
    Name:
    TAUB FOUNDATION
    EIN:
    74-6060216
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 89,361   89,361 671,640

    TY 2021 LegalFeesSchedule
    Name:
    TAUB FOUNDATION
    EIN:
    74-6060216
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    UPDATE FOUNDATION BYLAWS 9,771      
    ESTATE BEQUEST CONSERVATION 103,455      


    TY 2021 OtherDecreasesSchedule
    Name:
    TAUB FOUNDATION
    EIN:
    74-6060216
    Description Amount
    PENALTIES 122


    TY 2021 OtherExpensesSchedule
    Name:
    TAUB FOUNDATION
    EIN:
    74-6060216
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK CHARGES 9,592 9,592    
    POSTAGE AND DELIVERY 27      
    PROPERTY (LAND) MAINTENANCE 600 600    


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    TAUB FOUNDATION
    EIN:
    74-6060216
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT 45,599 45,599    
    PROPERTY TAX CONSULTANT 62 62    


    TY 2021 TaxesSchedule
    Name:
    TAUB FOUNDATION
    EIN:
    74-6060216
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AD VALOREM TAXES 9,854 9,854    
    EXCISE TAX 42,400      
    FOREIGN TAXES ON INVESTMENTS 1,770 1,770