Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
The Webber Family Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)3112 Windsor Rd A336
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Austin, TX78703
A Employer identification number

74-2927126
B Telephone number (see instructions)

(512) 495-9494
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$16,507,030J 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 right arrow.............
3 Interest on savings and temporary cash investments 50,941 50,941 50,941
4 Dividends and interest from securities... 555,220 555,220 555,220
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 99,383
b Gross sales price for all assets on line 6a 5,507,429
7 Capital gain net income (from Part IV, line 2)... 99,383
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
List of Attached Documents:
// Content
11,779 11,779  
12 Total. Add lines 1 through 11........ 717,323 717,323 606,161
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 178,271 26,741   151,530
14 Other employee salaries and wages...... 151,306 30,261   121,045
15 Pension plans, employee benefits....... 31,079 5,240   25,839
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
29,493 29,493    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
13,205 4,575    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
122    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,653     2,653
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
33,264 143   33,121
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 439,393 96,453   334,188
25 Contributions, gifts, grants paid....... 1,250,000 1,250,000
26 Total expenses and disbursements. Add lines 24 and 25 1,689,393 96,453   1,584,188
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -972,070
b Net investment income (if negative, enter -0-) 620,870
c Adjusted net income (if negative, enter -0-)... 606,161
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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......... 1,025,282 1,040,954 1,040,954
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
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)....... 8,916,729 Click to see attachment
List of Attached Documents:
// Content
8,045,770 		10,492,779
c Investments—corporate bonds (attach schedule)....... 2,792,167 Click to see attachment
List of Attached Documents:
// Content
2,456,086 		2,494,198
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,166,279 Click to see attachment
List of Attached Documents:
// Content
2,390,329 		2,472,916
14 Land, buildings, and equipment: basis right arrow18,945
Less: accumulated depreciation (attach schedule) right arrow18,945 122    
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
10,813 		Click to see attachment
List of Attached Documents:
// Content
6,183 		Click to see attachment
List of Attached Documents:
// Content
6,183
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 14,911,392 13,939,322 16,507,030
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 right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 14,911,392 13,939,322
29 Total net assets or fund balances (see instructions)..... 14,911,392 13,939,322
30 Total liabilities and net assets/fund balances (see instructions). 14,911,392 13,939,322
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
14,911,392
2
Enter amount from Part I, line 27a .....................
2
-972,070
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
13,939,322
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
13,939,322
Form 990-PF (2023)
Form 990-PF (2023)
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 Cap Gain Distributions P 2022-06-30 2023-12-31
b JPM Various ST covered P 2023-01-01 2023-06-30
c JPM Various LT covered P 2018-06-30 2023-06-30
d CS, Various ST covered P 2023-01-01 2023-06-30
e CS, Various LT covered P 2018-06-30 2023-06-30
(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 15,996     15,996
b 699,796   713,345 -13,549
c 1,822,532   1,866,497 -43,965
d 2,171,175   2,165,014 6,161
e 797,930   663,190 134,740
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       15,996
b       -13,549
c       -43,965
d       6,161
e       134,740
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 99,383
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 -7,388
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 right arrow 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) 1 8,630
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 8,630
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 8,630
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 10,813
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 14,813
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 6,183
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow6,183 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowTX
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowwww.webberfoundation.org
14
The books are in care ofright arrowNeil Webber President Telephone no.right arrow (512) 495-9494

Located atright arrow3112 Windsor Rd A336AustinTX ZIP+4right arrow787032350
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
Neil Webber Chairmn/Trustee
2.00 		0    
3112 Windsor Rd A336
Austin,TX78703
Jessica Slade Ldershp Off/Tte
40.00 		178,271 19,512  
3112 Windsor Rd A336
Austin,TX78703
Erica Webber Trustee
2.00 		0    
3112 Windsor Rd A336
Austin,TX78703
Ted Whatley Trustee
2.00 		0    
3112 Windsor Rd A336
Austin,TX78703
Steve Shook Trustee
2.00 		0    
3112 Windsor Rd A336
Austin,TX78703
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
Marisol Foster Executive Director
30.00 		92,711 7,088  
3112 Windsor Rd A336
Austin,TX78703
Courtney Horm Program Director
30.00 		58,595 4,479  
3112 Windsor Rd A336
Austin,TX78703
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
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.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
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
15,167,817
b
Average of monthly cash balances.......................
1b
763,038
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
15,930,855
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
 
3
Subtract line 2 from line 1d.........................
3
15,930,855
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
238,963
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
15,691,892
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
784,595
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
784,595
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
8,630
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
8,630
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
775,965
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
775,965
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
775,965
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
1,584,188
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
1,584,188
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 775,965
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 83,520
b From 2019...... 131,586
c From 2020...... 217,130
d From 2021...... 178,139
e From 2022...... 281,691
f Total of lines 3a through e ........ 892,066
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,584,188
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 775,965
e Remaining amount distributed out of corpus 808,223
5 Excess distributions carryover applied to 2023.    
(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 1,700,289
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		83,520
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,616,769
10 Analysis of line 9:
a Excess from 2019.... 131,586
b Excess from 2020.... 217,130
c Excess from 2021.... 178,139
d Excess from 2022.... 281,691
e Excess from 2023.... 808,223
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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).)
Neil Webber
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
The Webber Family Foundaiton
3112 Windsor Rd A336
Austin,TX78703
(512) 495-9494
bThe form in which applications should be submitted and information and materials they should include:
The Foundation requires grant proposals be submitted utilizing the Common Grant Application and Additional Questions Form provided on the Foundation's website (www.webberfoundation.org). The site contains instructions and discussion materials to aid in completing the Application. To the extent an applicant is unable to access this information, the Foundation will mail the pertinent information at the request of the applicant.
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
IRC Section 501(c)(3) charitable organizations further qualifying as public charities.
Form 990-PF (2023)
Form 990-PF (2023)
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
Higher Achievement Program


317 8th St NE
Washington,DC20002 		None PC Strengthen the opportunities for middle school students 20,000
The Montgomery College Fd


9221 Corporate Blvd 3rd Floor
Rockville,MD20850 		None PC Expansion and support of master class program, scholarships and Emergency College Fund 55,000
Breakthrough Central Texas


1050 E 11th St Suite 350
Austin,TX78701 		None PC Support Student and Family Support Fund and expand High School/College programs 62,500
Austin Classical Guitar Soc


3908 Avenue B Ste 116
Austin,TX78751 		None PC Promote classical guitar performances and education 43,750
Mainspring Schools


1100 West Live Oak
Austin,TX78704 		None PC Develop early childhood education programs 28,000
mindPOP


7112 Burnet Rd Bldg B
Austin,TX78757 		None PC Support the organization's remote learning opportunities 27,500
Creative Action


1023 Springdale Rd Bldg 3
Austin,TX78721 		None PC Cultural enrichment and education through the Arts 40,000
Collegiate Directions


4827 Rugby Ave Ste 001
Bethesda,MD20814 		None PC College support services for under-served students 30,000
Wayside Schools


6405 S IH35
Austin,TX78744 		None PC Support for student summer programs and transportation needs 25,000
Communities in Schools - Central Tx


3000 South IH35 Ste 200
Austin,TX78704 		None PC Provide funding for development consult. to secure grants 20,000
Young Playwrights' Theatre


6925 Willow St NW Ste LL-230
Washington,DC20012 		None PC Hire personnel to expand program delivery 20,000
Emerging Scholars


2009 14th St N Ste One
Arlington,VA22201 		None PC Provide laptops to college-bound students 1,500
School for Ethics and Global Leader


1528 18th St NW
Washington,DC20036 		None PC Leadership and ethics development for high school juniors 3,750
Live It Learn It


735 8th St SE Ste 320
Washington,DC20003 		None PC Transportation costs for student field trips 3,000
The Literacy Lab


1400 16th St NW Ste 410
Washington,DC20036 		None PC Literacy programs including Leading Men Fellowship Program 2,500
Austin Achieve Public Schools


5908 Manor Road
Austin,TX78723 		None PC Support after-school programs and clubs 5,000
St Edwards University


3001 S Congress Ave
Austin,TX78704 		None PC Support educational programs and provide student scholarships 27,500
Literacy First


9011 Mountain Ridge Dr Ste 150
Austin,TX78759 		None PC Support K-2 Literacy Intervention Program and expansion 40,000
College Tracks


8737 Colesville Rd Ste 1010
Silver Spring,MD20910 		None PC Hiring new Program Coodinator for Access Team 20,000
El Ranchito


9433 Bee Caves Rd Ste 140
Austin,TX78746 		None PC Support nature-immersion camping experience for youth 14,000
PeletonU


701 Tillery St 12
Austin,TX78702 		None PC Fund organizational needs and software implentation 27,500
ROCK Ride On Center for Kids


2050 Rockride Lane
Georgetown,TX78626 		None PC Equine therapy programs for those with physical/emotional/ cognitive disabilities 2,000
Teach for America


411 W Monroe St Mailbox 6
Austin,TX78704 		None PC Further develop the network of leaders to enhance educational opportunities and outcomes 15,000
Texas Charter Schools Association


3005 S Lamar Blvd D447
Austin,TX78704 		None PC Support and advocacy for policies that grant students access to improving public school options 15,000
Texas Empowerment Academy


5800 E Parmer Lane
Austin,TX78653 		None PC Fund fine arts program equipment and supplies at public charter school 25,000
Center for Inspired Teaching


1436 U Street NW 400
Washington,DC20009 		None PC Support teacher training programs 2,500
UTeach Outreach


9011 Mountain Ridge Dr Ste 150
Austin,TX78759 		None PC Support hiring and training staff for virtual summer program college prep 25,000
Annette Straus Inst at UT Austin


2504 A Whitis Ave R2000
Austin,TX78712 		None PC Support internship stipends in Civics programs 2,000
Austin Creative Alliance


81 San Marcos St C1
Austin,TX78702 		None PC Provide scholarships to students for band camps 6,000
Austin Partners in Education


PO Box 6118
Austin,TX78762 		None PC Provide student-centered programs to improve college testing and readiness 3,000
Austin Soundwaves


PO Box 28251
Austin,TX78755 		None PC Expand music education programs and instruction for underserved youth 28,750
Austin Together


1901 Romeria Dr
Austin,TX78757 		None PC Provide funds to strengthen collaboration of nonprofits 25,000
Beat 4 Beat


4607 Raintree Blvd
Austin,TX78747 		None PC Expand offerings and replace stolen instruments for Austin school districts 24,500
Civitas Institute at UT Austin


PO Box 7458
Austin,TX78713 		None PC Launch Society of Fellows program for undergrad students 100,000
East of the River Steelband


4701 Jay Street NE
Washington,DC20019 		None PC Provide music instruments and supplies for youth music programs 3,000
Interfaith America


141 W Jackson Blvd Ste 3200
Chicago,IL60604 		None PC Support collaborations to benefit from America's religious diversity 9,000
Mathworks


601 University Dr
San Marcos,TX78666 		None PC Expand after-school and summer program participation 25,000
Moral Courage College


550 Vanderbilt Ave 1401
Brooklyn,NY11238 		None PC Develop phone applications for moral teaching tools 3,000
National Hispanic Institute


472 FM 1966 Rd
Maxwell,TX78656 		None PC Provide scholarships for entity's leadership programs 2,000
New Pluralists


120 Broadway Ste 3475
New York,NY10271 		None PC Fund New Pluralists Collaborative as an affiliate funder 250,000
One America Movement


4450 Mitchelville Rd 1021
Bowie,MD20716 		None PC Bring faith leaders together to build a united society without conflict 9,000
Out Youth


2119 Frate Barker Rd Unit 3107
Austin,TX78748 		None PC Provide supplies for counseling services for minority youth 3,000
Pease Park Conservancy


PO Box 50065
Austin,TX78763 		None PC Fund supplies for Ecologist School Field Trip Program 3,000
Consultants for Good


2875 Depew St
Wheat Ridge,CO80214 		None PC Grow membership benefits and services 10,000
Posse Foundation


1319 F St NW Ste 604
Washington,DC20004 		None PC Support Posse Scholars and Opportunity Award programs 6,750
Spur Local


80 M St SE Ste 100
Washington,DC20003 		None PC Support expansion of services to area nonprofits 30,000
Rhythmic Force


2015 Cedar Bend Dr 1101
Austin,TX78758 		None PC Support percussion students in central Texas schools travel costs 3,000
Texas Folklife


725 Eberhart Lane 500
Austin,TX78745 		None PC Provide program materials and supplies for communities in Texas 3,000
University of Austin - UATX


912 South Cap of Tx Hwy Ste 180
Austin,TX78746 		None PC Support Mill Institute and High School Teacher Institute program development 100,000
Total .................................right arrow 3a 1,250,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
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 50,941  
4 Dividends and interest from securities ....     14 555,220  
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 99,383  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 Riverside Inc Fund I LP 		    16 11,779  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   717,323  
13Total. Add line 12, columns (b), (d), and (e)..................
13
717,323
(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 (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID: 23017517
Software Version: 2023v5.1


Form 990PF - Special Condition Description:
Special Condition Description

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
The Webber Family Foundation
EIN:
74-2927126
Software ID:
23017517
Software Version:
2023v5.1
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Office furniture 2018-03-01 3,655 3,533 SL 5.0000 122      

TY 2023 InvestmentsCorpBondsSchedule
Name:
The Webber Family Foundation
EIN:
74-2927126
Software ID:
23017517
Software Version:
2023v5.1
Name of Bond End of Year Book Value End of Year Fair Market Value
Corporate and Govt Bond Fds (Schwab) 2,456,086 2,494,198

TY 2023 InvestmentsCorpStockSchedule
Name:
The Webber Family Foundation
EIN:
74-2927126
Software ID:
23017517
Software Version:
2023v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
Equities - Domestic (Schwab/JPMorgan) 4,641,460 5,000,622
Equities - Global (Schwab) 753,438 2,144,109
Equities - International Dev (Schwab) 1,053,348 1,353,471
Equities -International Emg Mkt (Schwab) 627,131 685,293
Equities-Small Cap 970,393 1,309,284

TY 2023 InvestmentsOtherSchedule2
Name:
The Webber Family Foundation
EIN:
74-2927126
Software ID:
23017517
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Private Debt (Golub 10/12/14) AT COST 1,612,500 1,612,500
Commodity &Tactical Inc Fds (Schwab) AT COST    
Blue Owl GP Stakes IV Offsh Invest LP AT COST 547,091 559,137
Riverside Income Fund I LP AT COST 230,738 301,279

TY 2023 LandEtcSchedule2
Name:
The Webber Family Foundation
EIN:
74-2927126
Software ID:
23017517
Software Version:
2023v5.1
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Furniture and Fixtures 18,945 18,945    


TY 2023 OtherAssetsSchedule
Name:
The Webber Family Foundation
EIN:
74-2927126
Software ID:
23017517
Software Version:
2023v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Federal excise tax refund 10,813 6,183 6,183


TY 2023 OtherExpensesSchedule
Name:
The Webber Family Foundation
EIN:
74-2927126
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Computer and database expenses 15,606     15,606
Insurance expense (operations) 4,606     4,606
Office supplies 84     84
Other deductions from pass-through 143 143    
Postage and printing fees 571     571
Professional membership expense 9,858     9,858
Telephone & telecom expense 2,396     2,396


TY 2023 OtherIncomeSchedule2
Name:
The Webber Family Foundation
EIN:
74-2927126
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 Riverside Inc Fund I LP 11,779 11,779  


TY 2023 OtherProfessionalFeesSchedule
Name:
The Webber Family Foundation
EIN:
74-2927126
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment advisory fees 29,493 29,493 0 0


TY 2023 TaxesSchedule
Name:
The Webber Family Foundation
EIN:
74-2927126
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal excise tax 8,630      
Foreign tax expense 4,575 4,575