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
KINDER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2229 SAN FELIPE SUITE 1700
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX77019
A Employer identification number

76-0519073
B Telephone number (see instructions)

(713) 529-5537
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$258,395,362J 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) 55,037,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4,683,798 4,683,798  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,847,115
b Gross sales price for all assets on line 6a 40,573,006
7 Capital gain net income (from Part IV, line 2)... 7,847,115
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
39,492 13,149  
12 Total. Add lines 1 through 11........ 67,607,405 12,544,062  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 851,454 22,103   829,351
14 Other employee salaries and wages...... 29,373 0   29,373
15 Pension plans, employee benefits....... 29,241 0   29,241
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
177,231 0   177,231
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
26,781 13,391   13,390
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
143,244 0   143,244
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
316,663 141,606   52,057
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
4,623 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,131,982 893,480   232,352
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,710,592 1,070,580   1,506,239
25 Contributions, gifts, grants paid....... 55,727,027 55,727,027
26 Total expenses and disbursements. Add lines 24 and 25 58,437,619 1,070,580   57,233,266
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 9,169,786
b Net investment income (if negative, enter -0-) 11,473,482
c Adjusted net income (if negative, enter -0-)...  
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............. 11,152,885 21,620,592 21,620,592
2 Savings and temporary cash investments.........      
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).......      
c Investments—corporate bonds (attach schedule).......      
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).......... 137,653,544 Click to see attachment
List of Attached Documents:
// Content
140,406,454 		236,765,874
14 Land, buildings, and equipment: basis right arrow407,273
Less: accumulated depreciation (attach schedule) right arrow398,377 12,170 Click to see attachment
List of Attached Documents:
// Content
8,896 		8,896
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 148,818,599 162,035,942 258,395,362
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 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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 148,818,599 162,035,942
29 Total net assets or fund balances (see instructions)..... 148,818,599 162,035,942
30 Total liabilities and net assets/fund balances (see instructions). 148,818,599 162,035,942
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
148,818,599
2
Enter amount from Part I, line 27a .....................
2
9,169,786
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,047,557
4
Add lines 1, 2, and 3 ..........................
4
162,035,942
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
162,035,942
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 PUBLICLY TRADED SECURITIES P   2023-12-31
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 40,573,006   32,725,891 7,847,115
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       7,847,115
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 7,847,115
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  
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) 1 159,481
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 159,481
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 159,481
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 167,830
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 167,830
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 0
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 8,349
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow8,349 Refundedright arrow 11 0
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.KINDERFOUNDATION.ORG
14
The books are in care ofright arrowNANCY G KINDER Telephone no.right arrow (713) 529-5537

Located atright arrow2229 SAN FELIPE SUITE 1700HOUSTONTX ZIP+4right arrow77019
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)
Yes
 
(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
 
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
RICHARD D KINDER CHAIRMAN
10.00 		0 0 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
NANCY G KINDER PRESIDENT/CEO/TREASURER
40.00 		0 0 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
KARA K VIDAL BOARD MEMBER
0.00 		0 0 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
DAVID D KINDER BOARD MEMBER
0.00 		0 0 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
GARY C DUDLEY CHIEF OF STAFF & BOARD MEMBER
10.00 		93,627 0 4,521
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
ROXANN S NEUMANN BOARD MEMBER
10.00 		0 0 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
JAMES V DERRICK JR SECRETARY & BOARD MEMBER
0.00 		0 0 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
GINGER A CORLEY BOARD MEMBER
0.00 		0 0 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
TODD V ADAM BOARD MEMBER
0.00 		0 0 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
POLLY K WHITTLE BOARD MEMBER
0.00 		0 0 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
KATHRYN DOLLINS ASSISTANT SECRETARY
20.00 		62,872 1,886 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
SABRINA W KIRWIN ASSISTANT TREASURER
6.00 		27,205 816 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
AARTI K GAREHGRAT ASSISTANT TREASURER
6.00 		26,523 796 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
SARAH NEWBERY DIRECTOR OF PARKS & GREENSPACE
40.00 		231,942 6,958 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
GUY HAGSTETTE SR. VP OF PARKS & CIVIC PROJECTS
40.00 		385,462 11,564 2,528
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
PATRA BRANNON DIR. OF EDUCATION & COMMUNITY PROJECTS
40.00 		211,324 6,340 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
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...................right arrow 0
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 arrow0
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 arrow0
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
223,514,775
b
Average of monthly cash balances.......................
1b
20,810,769
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
244,325,544
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
244,325,544
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,664,883
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
240,660,661
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
12,033,033
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
12,033,033
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
159,481
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
159,481
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
11,873,552
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
11,873,552
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
11,873,552
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
57,233,266
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
57,233,266
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 11,873,552
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 31,789,001
b From 2019...... 39,938,694
c From 2020...... 42,327,909
d From 2021...... 40,925,234
e From 2022...... 44,591,200
f Total of lines 3a through e ........ 199,572,038
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 57,233,266
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 11,873,552
e Remaining amount distributed out of corpus 45,359,714
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 244,931,752
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
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) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		31,789,001
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		213,142,751
10 Analysis of line 9:
a Excess from 2019.... 39,938,694
b Excess from 2020.... 42,327,909
c Excess from 2021.... 40,925,234
d Excess from 2022.... 44,591,200
e Excess from 2023.... 45,359,714
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).)
RICHARD D KINDER
NANCY G KINDER
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:
NANCY G KINDER PRESIDENT CEO
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
(713) 529-5537
bThe form in which applications should be submitted and information and materials they should include:
PRESELECTED APPLICATIONS, WHEN NOTIFIED BY THE FOUNDATION, SHOULD BE SUBMITTED IN WRITING AND CONTAIN THE NAME AND ADDRESS OF THE CHARITABLE ORGANIZATION AS WELL AS A DISCUSSION OF THE PURPOSE OF THE GRANT
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE KINDER FOUNDATION IS PRIMARILY, BUT NOT EXCLUSIVELY, FOCUSED ON THE GREATER HOUSTON COMMUNITY. THE FOUNDATION ONLY MAKES CONTRIBUTIONS TO PRE-SELECTED CHARITABLE ORGANIZATIONS AND DOES NOT ACCEPT UNSOLICITED REQUESTS FOR FUNDS.
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

ARCHDIOCESE OF GALVESTON HOUSTON

P O BOX 907
HOUSTON,TX77001 		N/A PC TEACHER AWARDS 272

ARCHDIOCESE OF GALVESTON HOUSTON

P O BOX 907
HOUSTON,TX77001 		N/A PC TEACHER AWARDS 50,000

ARCHDIOCESE OF GALVESTON HOUSTON

P O BOX 907
HOUSTON,TX77001 		N/A PC BISHOP FIORENZA PLAZA & PARKING LOT CAPITAL CAMPAIGN 53,180

ARCHDIOCESE OF GALVESTON HOUSTON

P O BOX 907
HOUSTON,TX77001 		N/A PC BISHOP FIORENZA PLAZA & PARKING LOT CAPITAL CAMPAIGN 942,483

BUFFALO BAYOU PARTNERSHIP

1113 VINE STREET SUITE 215
HOUSTON,TX77002 		N/A PC GENERAL FUND 25,000

BUFFALO BAYOU PARTNERSHIP

1113 VINE STREET SUITE 215
HOUSTON,TX77002 		N/A PC PHASE 3 FUNDING 143,000

BUFFALO BAYOU PARTNERSHIP

1113 VINE STREET SUITE 215
HOUSTON,TX77002 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 903,206

BUFFALO BAYOU PARTNERSHIP

1113 VINE STREET SUITE 215
HOUSTON,TX77002 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 15,804,661

BUFFALO BAYOU PARTNERSHIP

1113 VINE STREET SUITE 215
HOUSTON,TX77002 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 18,066

BUFFALO BAYOU PARTNERSHIP

1113 VINE STREET SUITE 215
HOUSTON,TX77002 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 11,206

BUFFALO SOLDIERS MUSEUM

3816 CAROLINE STREET
HOUSTON,TX77004 		N/A PC PRESERVATION OF BUFFALO SOLDIERS MUSEUM 700,000

CAREERSPRING FOUNDATION

PO BOX 1682
BELLAIRE,TX77402 		N/A PC ENHANCE THE HOUSTON REGION WORK 100,000

CRISTO REY JESUIT SCHOOL

6700 MOUNT CARMEL STREET
HOUSTON,TX77087 		N/A PC CORPORATE WORK STUDY 107,670

CRISTO REY JESUIT SCHOOL

6700 MOUNT CARMEL STREET
HOUSTON,TX77087 		N/A PC POSTSECONDARY GIFT 200,000

DEPELCHIN CHILDREN'S CENTER

4950 MEMORIAL DRIVE
HOUSTON,TX77007 		N/A PC FOSTER CARE 100,000

DISCOVERY GREEN CONSERVANCY

1500 MCKINNEY
HOUSTON,TX77010 		N/A PC GENERAL FUND 1,000

DISCOVERY GREEN CONSERVANCY

1500 MCKINNEY
HOUSTON,TX77010 		N/A PC ENDOWMENT FUND 50,000

DISCOVERY GREEN CONSERVANCY

1500 MCKINNEY
HOUSTON,TX77010 		N/A PC GENERAL FUND 100,000

DISCOVERY GREEN CONSERVANCY

1500 MCKINNEY
HOUSTON,TX77010 		N/A PC ENDOWMENT FUND 150,000

DISCOVERY GREEN CONSERVANCY

1500 MCKINNEY
HOUSTON,TX77010 		N/A PC SPRING 2024 JAZZY SUNDAYS SERIES 410,054

EMANCIPATION PARK CONSERVANCY

3018 EMANCIPATION AVENUE
HOUSTON,TX77004 		N/A PC JUNETEENTH 50,000

EMANCIPATION PARK CONSERVANCY

3018 EMANCIPATION AVENUE
HOUSTON,TX77004 		N/A PC GENERAL FUND 100,000

GOOD REASON HOUSTON

8 GREENWAY PLAZA STE 900
HOUSTON,TX77046 		N/A PC SUPPORT OF PUBLIC EDUCATION IN HOUSTON 25,000

GOOD REASON HOUSTON

8 GREENWAY PLAZA STE 900
HOUSTON,TX77046 		N/A PC SUPPORT OF PUBLIC EDUCATION IN HOUSTON 39,238

GOOD REASON HOUSTON

8 GREENWAY PLAZA STE 900
HOUSTON,TX77046 		N/A PC SUPPORT OF PUBLIC EDUCATION IN HOUSTON 951,651

GOOD REASON HOUSTON

8 GREENWAY PLAZA STE 900
HOUSTON,TX77046 		N/A PC SUPPORT OF PUBLIC EDUCATION IN HOUSTON 1,000,000

GREATER HOUSTON COMMUNITY FOUNDATION

515 POST OAK BLVD
HOUSTON,TX77027 		N/A PC ROCC SCHOLARSHIP FUND 2,000

GREATER HOUSTON COMMUNITY FOUNDATION

515 POST OAK BLVD
HOUSTON,TX77027 		N/A PC DIRECTOR'S DONOR ADVISED FUNDS 187,500

HISD FOUNDATION

4400 W 18TH STREET
HOUSTON,TX77092 		N/A PC TEACHER AWARDS 50,000

HOUSTON ARTS ALLIANCE

5820 CAROLINE ST SUITE 100
HOUSTON,TX77004 		N/A PC BIPOC ARTS & NETWORK FUND 500,000

HOUSTON BOTANIC GARDEN

1 BOTANIC LANE
HOUSTON,TX77017 		N/A PC GENERAL FUND 25,000

HOUSTON CENTER FOR CONTEMPORARY CRAFT

4848 MAIN STREET
HOUSTON,TX77002 		N/A PC GENERAL FUND 50,000

HOUSTON CINEMA ARTS SOCIETY

4409 MONTROSE BLVD SUITE 150
HOUSTON,TX77006 		N/A PC GENERAL FUND - SUPPORT OF ARTS & EDUCATION 10,000

HOUSTON LOCAL INFORMATION INITIATIVE INC

4203 MONTROSE BLVD SUITE 650
HOUSTON,TX77005 		N/A PC SUPPORT OF AN INDEPENDENT NEWS PUBLICATION IN HOUSTON 2,500,000

HOUSTON METHODIST HOSPITAL FOUNDATION

6560 FANNIN ST STE 570
HOUSTON,TX77030 		N/A PC GENERAL FUND 10,000

HOUSTON METHODIST HOSPITAL FOUNDATION

6560 FANNIN ST STE 570
HOUSTON,TX77031 		N/A PC CENTER FOR HEALTH AND NATURE 333,333

HOUSTON PARKS BOARD

300 NORTH POST OAK LANE
HOUSTON,TX77024 		N/A PC MACGREGOR PARK DESIGN & CONSTRUCTION 130,058

HOUSTON PARKS BOARD

300 NORTH POST OAK LANE
HOUSTON,TX77024 		N/A PC MACGREGOR PARK DESIGN & CONSTRUCTION 2,371,186

HSPVA FRIENDS

P O BOX 52910
HOUSTON,TX77052 		N/A PC GENERAL FUND 25,000

JEWISH FEDERATION OF GREATER HOUSTON

5603 BRAESWOOD BLVD
HOUSTON,TX77096 		N/A PC ISRAEL EMERGENCY FUND 25,000

KIPP

10711 KIPP WAY
HOUSTON,TX77099 		N/A PC TEACHER AWARDS 50,000

KIPP

10711 KIPP WAY
HOUSTON,TX77099 		N/A PC TEACHER AWARDS 80,217

KIPP

10711 KIPP WAY
HOUSTON,TX77099 		N/A PC TEACHER AWARDS 100,000

KIPP

10711 KIPP WAY
HOUSTON,TX77099 		N/A PC POSTSECONDARY GIFT 400,000

MD ANDERSON

1515 HOLCOMBE
HOUSTON,TX77030 		N/A PC GENERAL FUND 1,000

MD ANDERSON

1515 HOLCOMBE
HOUSTON,TX77030 		N/A PC GENERAL FUND 25,000

MD ANDERSON

1515 HOLCOMBE
HOUSTON,TX77030 		N/A PC GENERAL FUND 100,000

MEMORIAL PARK CONSERVANCY

7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC GENERAL FUND 1,000

MEMORIAL PARK CONSERVANCY

7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC GENERAL FUND 5,000

MEMORIAL PARK CONSERVANCY

7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 93,001

MEMORIAL PARK CONSERVANCY

7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC GENERAL FUND 100,000

MEMORIAL PARK CONSERVANCY

7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC GENERAL FUND 150,000

MEMORIAL PARK CONSERVANCY

7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 2,091,268

MEMORIAL PARK CONSERVANCY

7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 158,229

MUSEUM OF FINE ARTS HOUSTON

1001 BISSONNET
HOUSTON,TX77005 		N/A PC GENERAL FUND 100,000

MUSEUM OF FINE ARTS HOUSTON

1001 BISSONNET
HOUSTON,TX77005 		N/A PC GENERAL FUND AND EXHIBITIONS 100,000

MUSEUM OF FINE ARTS HOUSTON

1001 BISSONNET
HOUSTON,TX77005 		N/A PC GENERAL FUND AND EXHIBITIONS 200,000

PROJECT ROW HOUSES

P O BOX 1011
HOUSTON,TX77004 		N/A PC GENERAL FUND 1,000

PROJECT ROW HOUSES

P O BOX 1011
HOUSTON,TX77004 		N/A PC RENOVATION OF HISTORIC ELDORADO BALLROOM IN THIRD WARD 50,000

PROJECT ROW HOUSES

P O BOX 1011
HOUSTON,TX77004 		N/A PC GENERAL FUND 250,000

RICE UNIVERSITY

P O BOX 1892
HOUSTON,TX77251 		N/A PC URBAN STUDIES & GENERAL FUND 15,000

RICE UNIVERSITY

P O BOX 1892
HOUSTON,TX77251 		N/A PC URBAN STUDIES & GENERAL FUND 25,000

RICE UNIVERSITY

P O BOX 1892
HOUSTON,TX77251 		N/A PC URBAN STUDIES & GENERAL FUND 60,258

RICE UNIVERSITY

P O BOX 1892
HOUSTON,TX77251 		N/A PC SUPPORT OF EDUCATION RESEARCH IN HOUSTON 63,187

RICE UNIVERSITY

P O BOX 1892
HOUSTON,TX77251 		N/A PC BAKER INSTITUTE 100,000

RICE UNIVERSITY

P O BOX 1892
HOUSTON,TX77251 		N/A PC ENHANCEMENT AND EXPANSION OF THE KINDER INSTITUTE FOR URBAN RESEARCH 680,705

RICE UNIVERSITY

P O BOX 1892
HOUSTON,TX77251 		N/A PC SUPPORT OF EDUCATION RESEARCH IN HOUSTON 1,037,428

RICE UNIVERSITY

P O BOX 1892
HOUSTON,TX77251 		N/A PC ENHANCEMENT AND EXPANSION OF THE KINDER INSTITUTE FOR URBAN RESEARCH 11,817,013

SPARK PARKS

P O BOX 1562
HOUSTON,TX77251 		N/A PC GREENSPACE IN PUBLIC SCHOOLS 1,000,000

SPARK PARKS

P O BOX 1562
HOUSTON,TX77251 		N/A PC GREENSPACE IN PUBLIC SCHOOLS 1,000,000

TEACH FOR AMERICA

2 GREENWAY PLAZA SUITE 500
HOUSTON,TX77046 		N/A PC TEACHER AWARDS 736

TEXANS BY NATURE

6805 N CAPITAL OF TEXAS HWY STE 268
AUSTIN,TX78731 		N/A PC SUSTAINABILITY FUND 100,000

TREES FOR HOUSTON

P O BOX 270477
HOUSTON,TX77277 		N/A PC GENERAL FUND - EXPANSION OF GREENSPACE IN HOUSTON 250,000

TREES FOR HOUSTON

P O BOX 270477
HOUSTON,TX77277 		N/A PC GENERAL FUND - EXPANSION OF GREENSPACE IN HOUSTON 750,000

UNITED WAY

50 WAUGH DRIVE
HOUSTON,TX77007 		N/A PC GENERAL FUND 34,047

UNITED WAY

50 WAUGH DRIVE
HOUSTON,TX77007 		N/A PC GENERAL FUND 951,651

UNIVERSITY OF MISSOURI

105 JESSE HALL
COLUMBIA,MO65211 		N/A PC ENHANCEMENT AND EXPANSION OF THE KINDER INSTITUTE FOR CONSTITUTIONAL DEMOCRACY 297,756

UNIVERSITY OF MISSOURI

105 JESSE HALL
COLUMBIA,MO65211 		N/A PC ENHANCEMENT AND EXPANSION OF THE KINDER INSTITUTE FOR CONSTITUTIONAL DEMOCRACY 4,733,767

YES PREP PUBLIC SCHOOLS

6201 BONHOMME SUITE 168N
HOUSTON,TX77036 		N/A PC TEACHER AWARDS 100,000

YES PREP PUBLIC SCHOOLS

6201 BONHOMME SUITE 168N
HOUSTON,TX77036 		N/A PC POSTSECONDARY GIFT 400,000
Total .................................right arrow 3a 55,727,027
bApproved for future payment

CRISTO REY JESUIT SCHOOL
6700 MOUNT CARMEL STREET
HOUSTON,TX77087 		N/A PC POSTSECONDARY GIFT 300,000

HOUSTON METHODIST HOSPITAL FOUNDATION
6560 FANNIN ST STE 570
HOUSTON,TX77031 		N/A PC CENTER FOR HEALTH AND NATURE 666,667

HOUSTON PARKS BOARD
300 NORTH POST OAK LANE
HOUSTON,TX77024 		N/A PC MACGREGOR PARK DESIGN & CONSTRUCTION 24,500,000

KIPP
10711 KIPP WAY
HOUSTON,TX77099 		N/A PC POSTSECONDARY GIFT 600,000

SPARK PARKS
P O BOX 1562
HOUSTON,TX77251 		N/A PC GREENSPACE IN PUBLIC SCHOOLS 1,500,000

YES PREP PUBLIC SCHOOLS
6201 BONHOMME SUITE 168N
HOUSTON,TX77036 		N/A PC POSTSECONDARY GIFT 600,000
Total ................................. right arrow 3b 28,166,667
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 ........... 		         
4 Dividends and interest from securities ....     14 4,683,798  
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 .....     14 39,492  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 7,847,115  
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) .. 0 12,570,405 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
12,570,405
(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:  
Software Version:  


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

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
KINDER FOUNDATION
 
Employer identification number

76-0519073
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
KINDER FOUNDATION
  		Employer identification number
76-0519073
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
RICHARD AND NANCY KINDER
2229 SAN FELIPE SUITE 1700
 
HOUSTON, TX77019

$ 1,357,100


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
RDK VENTURES LLC CO RICHARD KINDER
2229 SAN FELIPE SUITE 1700
 
HOUSTON, TX77019

$ 37,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
RICHARD AND NANCY KINDER
2229 SAN FELIPE SUITE 1700
 
HOUSTON, TX77019

$ 25,034,638


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
RICHARD AND NANCY KINDER
2229 SAN FELIPE SUITE 1700
 
HOUSTON, TX77019

$ 23,683,427


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
RICHARD AND NANCY KINDER
2229 SAN FELIPE SUITE 1700
 
HOUSTON, TX77019

$ 4,924,835


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
KINDER FOUNDATION
  		Employer identification number

76-0519073
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PUBLICLY TRADED SECURITIES $ 1,357,100 2023-01-17
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 PUBLICLY TRADED SECURITIES $ 23,683,427 2023-08-16
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
5
 PUBLICLY TRADED SECURITIES $ 4,924,835 2023-11-15
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
KINDER FOUNDATION
  		Employer identification number

76-0519073
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
KINDER FOUNDATION
EIN:
76-0519073
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING AND TAX SERVICES 26,781 13,391   13,390

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

TY 2023 DepreciationSchedule
Name:
KINDER FOUNDATION
EIN:
76-0519073
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 DECOR AND FURNISHINGS 2015-12-22 3,269 3,269 200DB 7.000000000000 0 0    
SIGNAGE 2015-12-02 1,918 1,918 200DB 7.000000000000 0 0    
COMPUTER AND TECHNOLOGY 2015-11-18 21,108 21,108 200DB 5.000000000000 0 0    
OFFICE DECOR AND FURNISHINGS 2015-10-13 110,473 110,473 200DB 7.000000000000 0 0    
TELEPHONE SYSTEM 2015-09-28 17,999 17,999 200DB 5.000000000000 0 0    
FURNITURE AND FIXTURES 2015-12-02 184,717 184,717 200DB 7.000000000000 0 0    
AV EQUIPMENT 2015-11-16 16,702 16,702 200DB 5.000000000000 0 0    
OFFICE DECOR AND FURNISHINGS 2016-01-19 1,666 1,592 200DB 7.000000000000 74 0    
OFFICE DECOR AND FURNISHINGS 2016-03-22 7,452 7,119 200DB 7.000000000000 333 0    
OFFICE DECOR AND FURNISHINGS 2016-05-26 262 250 200DB 7.000000000000 12 0    
OFFICE DECOR AND FURNISHINGS 2016-08-08 3,667 3,503 200DB 7.000000000000 164 0    
OFFICE DECOR AND FURNISHINGS 2016-08-22 659 630 200DB 7.000000000000 29 0    
LCD NETWORK PHONE 2017-08-16 275 275 200DB 5.000000000000 0 0    
LEASEHOLD IMPROVEMENT 2017-03-09 7,518 3,302 150DB 15.000000000000 444 0    
OFFICE DECOR AND FURNISHINGS 2017-01-17 2,251 1,950 200DB 7.000000000000 201 0    
OFFICE DECOR AND FURNISHINGS 2017-06-19 2,251 1,950 200DB 7.000000000000 201 0    
OFFICE DECOR AND FURNISHINGS 2017-07-13 2,751 2,383 200DB 7.000000000000 245 0    
OFFICE DECOR AND FURNISHINGS 2017-10-30 2,751 2,383 200DB 7.000000000000 245 0    
COMPUTER AND TECHNOLOGY 2018-02-07 1,799 1,695 200DB 5.000000000000 104 0    
COMPUTER AND TECHNOLOGY 2018-05-24 1,159 1,092 200DB 5.000000000000 67 0    
AV EQUIPMENT 2018-03-27 899 847 200DB 5.000000000000 52 0    
AV EQUIPMENT 2018-03-27 1,299 1,224 200DB 5.000000000000 75 0    
ICE MAKER 2018-11-01 3,083 2,394 200DB 7.000000000000 276 0    
COMPUTER AND TECHNOLOGY 2020-02-17 1,691 1,296 200DB 5.000000000000 186 0    
COMPUTER AND TECHNOLOGY 2020-11-12 1,951 1,284 200DB 5.000000000000 267 0    
COMPUTER EQUIPMENT 2020-12-03 401 264 200DB 5.000000000000 55 0    
COMPUTER AND TECHNOLOGY 2021-11-15 1,680 722 200DB 5.000000000000 383 0    
COMPUTER AND TECHNOLOGY 2021-07-15 2,274 1,114 200DB 5.000000000000 464 0    
COMPUTER AND TECHNOLOGY 2022-08-30 1,395 209 200DB 5.000000000000 474 0    
COMPUTER AND TECHNOLOGY 2022-08-30 9 1 200DB 5.000000000000 3 0    
COMPUTER AND TECHNOLOGY 2022-08-30 595 89 200DB 5.000000000000 202 0    
COMPUTER AND TECHNOLOGY 2023-12-18 1,349   200DB 5.000000000000 67 0    

TY 2023 GeneralExplanationAttachment
Name:
KINDER FOUNDATION
EIN:
76-0519073
Identifier Return Reference Explanation
  PART VI-B 1B PART VI-B 1B: THE KINDER FOUNDATION IS ANSWERING YES TO PART VI-B 1A(3) BECAUSE THE FOUNDATION IS PROVIDED OVER 7,000 SQUARE FEET OF OFFICE SPACE WITHOUT ANY RENT CHARGE OR COST BY THE KINDER FAMILY OFFICE.

TY 2023 InvestmentsOtherSchedule2
Name:
KINDER FOUNDATION
EIN:
76-0519073
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ML ACCT 04A63 AT COST 28,573,416 35,413,709
ML ACCT 2066 AT COST 66,728,715 130,578,520
ML ACCT 4002 AT COST 15,918,552 25,032,747
ML ACCT 4003 AT COST 29,185,771 45,740,898

TY 2023 LandEtcSchedule2
Name:
KINDER FOUNDATION
EIN:
76-0519073
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
OFFICE DECOR AND FURNISHINGS 3,269 3,269 0  
SIGNAGE 1,918 1,918 0  
COMPUTER AND TECHNOLOGY 21,108 21,108 0  
OFFICE DECOR AND FURNISHINGS 110,473 110,473 0  
TELEPHONE SYSTEM 17,999 17,999 0  
FURNITURE AND FIXTURES 184,717 184,717 0  
AV EQUIPMENT 16,702 16,702 0  
OFFICE DECOR AND FURNISHINGS 1,666 1,666 0  
OFFICE DECOR AND FURNISHINGS 7,452 7,452 0  
OFFICE DECOR AND FURNISHINGS 262 262 0  
OFFICE DECOR AND FURNISHINGS 3,667 3,667 0  
OFFICE DECOR AND FURNISHINGS 659 659 0  
LCD NETWORK PHONE 275 275 0  
LEASEHOLD IMPROVEMENT 7,518 3,746 3,772  
OFFICE DECOR AND FURNISHINGS 2,251 2,151 100  
OFFICE DECOR AND FURNISHINGS 2,251 2,151 100  
OFFICE DECOR AND FURNISHINGS 2,751 2,628 123  
OFFICE DECOR AND FURNISHINGS 2,751 2,628 123  
COMPUTER AND TECHNOLOGY 1,799 1,799 0  
COMPUTER AND TECHNOLOGY 1,159 1,159 0  
AV EQUIPMENT 899 899 0  
AV EQUIPMENT 1,299 1,299 0  
ICE MAKER 3,083 2,670 413  
COMPUTER AND TECHNOLOGY 1,691 1,482 209  
COMPUTER AND TECHNOLOGY 1,951 1,551 400  
COMPUTER EQUIPMENT 401 319 82  
COMPUTER AND TECHNOLOGY 1,680 1,105 575  
COMPUTER AND TECHNOLOGY 2,274 1,578 696  
COMPUTER AND TECHNOLOGY 1,395 683 712  
COMPUTER AND TECHNOLOGY 9 4 5  
COMPUTER AND TECHNOLOGY 595 291 304  
COMPUTER AND TECHNOLOGY 1,349 67 1,282  


TY 2023 LegalFeesSchedule
Name:
KINDER FOUNDATION
EIN:
76-0519073
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 177,231 0   177,231


TY 2023 OtherExpensesSchedule
Name:
KINDER FOUNDATION
EIN:
76-0519073
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 886,607 886,607   0
BANKING FEES/CHECK ORDER FEE 9,073 4,537   4,536
OFFICE AND TECHNOLOGY EXPENSES 93,092 2,336   90,756
CHARITABLE ENTITY EVENTS 54,726 0   54,726
EXPENSE REIMBURSEMENT 9,253 0   9,253
PAYROLL PROCESSING FEES 1,116 0   1,116
MEALS AND ENTERTAINMENT 4,015 0   4,015
MEMBERSHIPS 65,000 0   65,000
SPONSORSHIPS 2,950 0   2,950
WEPAY INC. - MISC EXPENSE 6,150 0   0


TY 2023 OtherIncomeSchedule2
Name:
KINDER FOUNDATION
EIN:
76-0519073
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
NONDIVIDEND DISTRIBUTIONS 20,193 0 20,193
MISCELLANEOUS INCOME 13,149 13,149 13,149
WEPAY INC. - MISC INCOME 6,150 0 6,150


TY 2023 OtherIncreasesSchedule
Name:
KINDER FOUNDATION
EIN:
76-0519073
Description Amount
TIMING DIFFERENCE 850,058
NET UNREALIZED GAIN ON STOCK CONTRIBUTIONS/DISTRIBUTIONS 3,197,499


TY 2023 OtherProfessionalFeesSchedule
Name:
KINDER FOUNDATION
EIN:
76-0519073
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 3,472 0   3,472
PUBLIC RELATIONS FEES 133,772 0   133,772
ADMINISTRATIVE FEES 6,000 0   6,000


TY 2023 TaxesSchedule
Name:
KINDER FOUNDATION
EIN:
76-0519073
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2023 EXCISE TAX 123,000 0   0
FOREIGN TAXES 140,266 140,266   0
PAYROLL TAXES 53,397 1,340   52,057