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 Powell Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)2001 Kirby Drive 1011
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Houston, TX77019
A Employer identification number

74-6104592
B Telephone number (see instructions)

(713) 523-7557
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$421,222,742J 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 184,765 184,765  
4 Dividends and interest from securities... 6,636,268 6,636,268  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 16,013,374
b Gross sales price for all assets on line 6a 34,524,119
7 Capital gain net income (from Part IV, line 2)... 16,013,374
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 22,834,407 22,834,407  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 84,119 4,940   79,179
14 Other employee salaries and wages...... 871,258 43,563   827,695
15 Pension plans, employee benefits....... 252,417 12,776   240,961
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
10,284 0   13,281
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,800 3,900   3,600
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
707,894 653,277   69,076
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
417,733 112,253   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 99,715 4,986   96,544
21 Travel, conferences, and meetings....... 71,596 3,347   68,257
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
66,890 18,356   46,909
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,589,706 857,398   1,445,502
25 Contributions, gifts, grants paid....... 17,577,548 17,526,704
26 Total expenses and disbursements. Add lines 24 and 25 20,167,254 857,398   18,972,206
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,667,153
b Net investment income (if negative, enter -0-) 21,977,009
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............. 780,477 975,934 975,934
2 Savings and temporary cash investments......... 2,142,613 4,242,533 4,242,533
3 Accounts receivable right arrow102,156
Less: allowance for doubtful accounts right arrow     102,156 102,156
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.......... 36,525 36,798 36,798
10a Investments—U.S. and state government obligations (attach schedule) 3,065,226 Click to see attachment
List of Attached Documents:
// Content
3,184,289 		3,184,289
b Investments—corporate stock (attach schedule)....... 345,928,792 Click to see attachment
List of Attached Documents:
// Content
391,323,962 		391,323,962
c Investments—corporate bonds (attach schedule)....... 20,332,273 Click to see attachment
List of Attached Documents:
// Content
20,887,070 		20,887,070
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)..........      
14 Land, buildings, and equipment: basis right arrow470,000
Less: accumulated depreciation (attach schedule) right arrow   470,000 470,000 470,000
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 372,755,906 421,222,742 421,222,742
Liabilities 17 Accounts payable and accrued expenses.......... 46,470 108,948
18 Grants payable................. 1,120,000 1,273,000
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)......... 1,166,470 1,381,948
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........... 371,589,436 419,840,794
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    
29 Total net assets or fund balances (see instructions)..... 371,589,436 419,840,794
30 Total liabilities and net assets/fund balances (see instructions). 372,755,906 421,222,742
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
371,589,436
2
Enter amount from Part I, line 27a .....................
2
2,667,153
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
45,584,205
4
Add lines 1, 2, and 3 ..........................
4
419,840,794
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
419,840,794
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      
b Capital gain distributions P    
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 33,414,899   18,510,745 14,904,154
b 1,109,220     1,109,220
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       14,904,154
b       1,109,220
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 16,013,374
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) 1 305,480
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........................... 3 305,480
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- ..... 5 305,480
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 206,000
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.............. 7 206,000
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 99,480
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   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$ 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 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.powellfoundation.org
14
The books are in care ofright arrowEleisha Nelson-Reed Telephone no.right arrow (713) 523-7557

Located atright arrow2001 Kirby Drive 1011HoustonTX 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)
 
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
Katherine Osborne Valdez Board President/Director
20.00 		84,119 3,365 0
2001 Kirby Drive 1011
Houston,TX77019
Ben H Powell V VP/Assistant Treasurer/Director
2.00 		0 0 0
2001 Kirby Drive 1011
Houston,TX77019
Charles F Caldwell Secretary/Director
3.00 		0 0 0
2001 Kirby Drive 1011
Houston,TX77019
Harvin C Moore IV Treasurer/Director
2.00 		0 0 0
2001 Kirby Drive 1011
Houston,TX77019
Terry Bruner Director
1.00 		0 0 0
2001 Kirby Drive 1011
Houston,TX77019
Marian M Casey Director
4.00 		0 0 0
2001 Kirby Drive 1011
Houston,TX77019
Thao Costis Director
3.00 		0 0 0
2001 Kirby Drive 1011
Houston,TX77019
Katherine P Hill Director
1.00 		0 0 0
2001 Kirby Drive 1011
Houston,TX77019
Elizabeth K Moore Director
1.00 		0 0 0
2001 Kirby Drive 1011
Houston,TX77019
Thomas B Osborne Director
1.00 		0 0 0
2001 Kirby Drive 1011
Houston,TX77019
Ben H Powell VI Director
3.00 		0 0 0
2001 Kirby Drive 1011
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
Eleisha Nelson-Reed Executive Director
40.00 		260,088 36,885 0
2001 Kirby Drive 1011
Houston,TX77019
Anne Kuo Phan Controller
40.00 		130,956 17,967 0
2001 Kirby Drive 1011
Houston,TX77019
Nicole Moore-Kriel Program Officer
40.00 		105,264 37,183 0
2001 Kirby Drive 1011
Houston,TX77019
Angel Harvey King Program Officer
40.00 		105,333 25,727 0
2001 Kirby Drive 1011
Houston,TX77019
Makia A Thomas Program Officer
40.00 		111,250 14,977 0
2001 Kirby Drive 1011
Houston,TX77019
Total number of other employees paid over $50,000...................right arrow 2
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
Fayez Sarofim & Co Investment management 653,277
909 Fannin St
Houston,TX77010
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 Gibbs-Powell House: Preserving a local historic landmark, providing opportunities for education regarding Walker County's history, and making the landmark open to the public. The Gibbs-Powell House is leased to Walker County and is managed and operated by the Walker County Historical Commission as the Gibbs-Powell House and Walker County Museum. 2,619
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
392,597,334
b
Average of monthly cash balances.......................
1b
4,457,797
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
397,055,131
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
397,055,131
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
5,955,827
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
391,099,304
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
19,554,965
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
19,554,965
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
305,480
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
305,480
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
19,249,485
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
19,249,485
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
19,249,485
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
18,972,206
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
18,972,206
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 19,249,485
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 18,540,157
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 18,972,206
a Applied to 2022, but not more than line 2a 18,540,157
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..... 432,049
e Remaining amount distributed out of corpus 0
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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 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 .......... 		18,817,436
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) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
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).)
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:
httpspowellfoundationorgapplication
2001 Kirby Drive Suite 1011
Houston,TX77019
(713) 523-7557
info@powellfoundation.org
bThe form in which applications should be submitted and information and materials they should include:
Organizations interested in applying for a Powell Foundation grant must submit an online pre-application form. If the pre-application is advanced, the organization will be invited to submit a full application via the Powell Foundation's online Grant Portal. The Powell Foundation Board of Directors makes all final decisions about grant requests during the Spring (May) and Fall (November) Board Meetings. Organizations approved for funding must sign and return a grant agreement for disbursement. Refer to the website for grant guidelines.
cAny submission deadlines:
Refer to the website for the application process and deadlines.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
2023 Giving: Education $11.1M (68%) and Supportive Communities: the Arts $1.3M (8%), Conservation $2.6M (16%), and Human Services $1.5M (9%). See Statement 13 for restrictions or limitations on awards.
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

Equal Opportunity Schools

5601 6th Ave S
Seattle,WA98108 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 866,570

SPARK

PO Box 1562
Houston,TX77251 		N/A PC Conservation: Community access to parks and urban greenspaces 801,814

The University of Texas Foundation - Charles A Dana Center

3925 W Braker Lane Suite 3801
Austin,TX78759 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 597,621

Breakthrough

1050 East 11th St Suite 350
Austin,TX78702 		N/A PC Post-Secondary Pathways: Post-secondary access, success, and completion initiatives 493,384

Willow Waterhole Greenspace Conservancy Inc

PO Box 35676
Houston,TX77235 		N/A PC Conservation: Community access to parks and urban greenspaces 492,960

The University of Texas Foundation - The University of Texas at Austin Coll

9011 Mountain Ridge Dr 150
Austin,TX78759 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 475,000

Holdsworth Center

4907 Ranch Rd 2222
Austin,TX78731 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 400,000

Texas Association for the Education of Young Children

PO Box 4997
Austin,TX78765 		N/A PC Early Childhood Development and Education: High-quality early learning initiatives 400,000

E3 Alliance

5930 Middle Fiskville Rd Suite 507
Austin,TX78752 		N/A PC Aligned Cradle to Career Education System: Data, research, and advocacy efforts 300,000

Improving Education Inc

1100 N Chester St
Baltimore,MD21213 		N/A PC Early Childhood Development and Education: Parent, family, and caregiver support 300,000

Mental Health America of Greater Houston Inc

2211 Norfolk St Suite 810
Houston,TX77098 		N/A PC Human Services: Emotional well-being support 300,000

William Marsh Rice University - Texas Policy Lab

6100 Main St
Houston,TX77005 		N/A PC Early Childhood Development and Education: Data, research, and policy initiatives 300,000

United Way of Greater Houston

50 Waugh Dr
Houston,TX77007 		N/A PC Early Childhood Development and Education: High-quality early learning initiatives 300,000

Texas Tech Foundation Inc - US PREP

PO Box 45025
Lubbock,TX79409 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 300,000

Kids' Meals Inc

330 Garden Oaks Blvd
Houston,TX77018 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 250,000

Meadows Mental Health Policy Institute for Texas

PO Box 140836
Dallas,TX75214 		N/A PC Early Childhood Development and Education: Parent, family, and caregiver support 250,000

American National Standards Institute - Workcred Inc

1899 L St NW 11th Floor
Washington,DC20036 		N/A PC Post-Secondary Pathways: Data, research, and policy initiatives 250,000

Austin Children's Museum - Thinkery

1830 Simond Ave
Austin,TX78723 		N/A PC Early Childhood Development and Education: High-quality early learning initiatives 225,000

Breakthrough

1050 East 11th St Suite 350
Austin,TX78702 		N/A PC Post-Secondary Pathways: Post-secondary access, success, and completion initiatives 200,000

Communities Foundation of Texas - Educate Texas

5500 Caruth Haven Lane
Dallas,TX75225 		N/A PC Aligned Cradle to Career Education System: Data, research, and advocacy efforts 200,000

Communities in Schools of Central Texas

3000 S IH 35 Suite 200
Austin,TX78704 		N/A PC Quality Public K-12 Schools: Student support 200,000

DiscoverU

7676 Hillmont St Suite 239
Houston,TX77040 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 200,000

Environmental Defense Fund Incorporated

257 Park Ave South
New York,NY10010 		N/A PC Conservation: Educational programming and initiatives for children and youth 200,000

TEACH-Org Inc

2443 Fillmore St 380-9883
San Francisco,CA94115 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 200,000

William Marsh Rice University - School Literacy & Culture

MS 147 PO Box 1892
Houston,TX77251 		N/A PC Early Childhood Development and Education: High-quality early learning initiatives 200,000

Young Audiences Inc of Houston

675 Bering Dr Suite 300
Houston,TX77057 		N/A PC Arts: Educational programming and initiatives for children and youth 200,000

Children At Risk Inc

2900 Weslayan St
Houston,TX77027 		N/A PC Early Childhood Development and Education: Data, research, and policy initiatives 150,000

Communities In Schools of Houston Inc

1111 North Loop West Suite 300
Houston,TX77008 		N/A PC Quality Public K-12 Schools: Student support 150,000

FuelEd Schools Inc

4201 Main St Suite 200-165
Houston,TX77002 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 150,000

Texans Care for Children Inc

1016 La Posada Dr Suite 240
Austin,TX78752 		N/A PC Early Childhood Development and Education: Data, research, and policy initiatives 150,000

United Way for Greater Austin

5930 Middle Fiskville Rd 5th Floor
Austin,TX78752 		N/A PC Early Childhood Development and Education: High-quality early learning initiatives 150,000

University of Houston - Downtown College of Public Service

1 Main St Suite S990
Houston,TX77002 		N/A GOV Quality Public K-12 Schools: Excellent educator initiatives 150,000

Complete College America Inc

350 Massachusetts Ave Suite 300
Indianapolis,IN46204 		N/A PC Post-Secondary Pathways: Data, research, and policy initiatives 125,000

First3Years

15851 Dallas Pkwy Suite 106
Addison,TX75001 		N/A PC Early Childhood Development and Education: Parent, family, and caregiver support 125,000

Alliance of Community Assistance Ministries Inc - Greater Houston Opportuni

710 North Post Oak Road Suite 210
Houston,TX77024 		N/A PC Post-Secondary Pathways: Post-secondary access, success, and completion initiatives 100,000

Boys and Girls Clubs of Greater Houston Inc

815 Crosby St
Houston,TX77019 		N/A PC Quality Public K-12 Schools: Student support 100,000

Breakthrough Houston

2401 Claremont Ln
Houston,TX77019 		N/A PC Post-Secondary Pathways: Post-secondary access, success, and completion initiatives 100,000

BridgeYear

3414 Eastside St
Houston,TX77098 		N/A PC Post-Secondary Pathways: Post-secondary access, success, and completion initiatives 100,000

Children's Museum Inc

1500 Binz St
Houston,TX77004 		N/A PC Early Childhood Development and Education: Parent, family, and caregiver support 100,000

Coastal Prairie Conservancy

5615 Kirby Dr Suite 867
Houston,TX77005 		N/A PC Conservation: Environmental protection efforts 100,000

CollegeSpring Inc

1990 N California Blvd Suite 20
Walnut Creek,CA94596 		N/A PC Post-Secondary Pathways: Post-secondary access, success, and completion initiatives 100,000

Friends of the Children - Austin

1023 Springdale Rd Bldg 13C
Austin,TX78721 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 100,000

GENAustin (Girls Empowerment Network Austin)

PO Box 3122
Austin,TX78764 		N/A PC Human Services: Emotional well-being support 100,000

Genesys Works - Houston

3100 Main St Suite 702
Houston,TX77002 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 100,000

Hermann Park Conservancy

1700 Hermann Dr
Houston,TX77004 		N/A PC Conservation: Community access to parks and urban greenspaces 100,000

KIPP Texas Inc

PO Box 676718
Dallas,TX75267 		N/A PC Early Childhood Development and Education: High-quality early learning initiatives 100,000

Main Street Theater Houston

2540 Times Blvd
Houston,TX77005 		N/A PC Arts: Educational programming and initiatives for children and youth 100,000

Memorial Park Conservancy Inc

7575 N Picnic Ln
Houston,TX77007 		N/A PC Conservation: Community access to parks and urban greenspaces 100,000

MINDPOP

7112 Burnet Rd Unit B
Austin,TX78757 		N/A PC Arts: Educational programming and initiatives for children and youth 100,000

Mobile Loaves & Fishes Inc

9301 Hog Eye Road Suite 950
Austin,TX78724 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 100,000

National Wildlife Federation

505 East Huntland Dr Suite 530
Austin,TX78752 		N/A PC Conservation: Educational programming and initiatives for children and youth 100,000

OneGoal

2799 Katy Fwy Suite 250
Houston,TX77007 		N/A PC Post-Secondary Pathways: Post-secondary access, success, and completion initiatives 100,000

Summer House Institute

1600 Vine St
Philadelphia,PA19102 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 100,000

Teach Plus Incorporated

1 Beacon St 15th Floor Suite 1500
Boston,MA02108 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 100,000

The University of Texas Foundation - Literacy First

3925 W Braker Ln Suite 3801
Austin,TX78759 		N/A PC Quality Public K-12 Schools: Student support 100,000

Trees For Houston

PO Box 270477
Houston,TX77277 		N/A PC Conservation: Environmental protection efforts 100,000

Urban Harvest Inc

1911 W 34th St
Houston,TX77018 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 100,000

William Marsh Rice University - Houston Education Research Consortium

6100 Main St MS-208
Houston,TX77005 		N/A PC Early Childhood Development and Education: Data, research, and policy initiatives 100,000

Woods Project Inc

2700 Southwest Frwy
Houston,TX77098 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 100,000

YES Prep Public Schools Inc

5455 South Loop East
Houston,TX77033 		N/A PC Quality Public K-12 Schools: Quality schools and innovative school models 100,000

Arts Connect Houston

1824 Spring St 201
Houston,TX77007 		N/A SO I Arts: Educational programming and initiatives for children and youth 75,000

Boys & Girls Club of Walker County TX Inc

PO Box 8600
Huntsville,TX77340 		N/A PC Quality Public K-12 Schools: Student support 75,000

Communities Foundation of Texas - Educate Texas

5500 Caruth Haven Lane
Dallas,TX75225 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 75,000

Easter Seals of Greater Houston Inc

4888 Loop Central Dr Suite 200
Houston,TX77081 		N/A PC Early Childhood Development and Education: Parent, family, and caregiver support 75,000

Houston Grand Opera Association Inc

510 Preston St 5th Floor
Houston,TX77002 		N/A PC Arts: Educational programming and initiatives for children and youth 75,000

Houston Zoo Inc

1513 Cambridge St
Houston,TX77030 		N/A PC Conservation: Educational programming and initiatives for children and youth 75,000

Teach For America Inc

3311 Catalina Dr
Austin,TX78741 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 75,000

W Oscar Neuhaus Memorial Foundation - Neuhaus Education Center

4433 Bissonnet St
Bellaire,TX77401 		N/A PC Quality Public K-12 Schools: Student support 75,000

Sam Houston State University

Box 2537
Huntsville,TX77341 		N/A GOV Arts: Educational programming and initiatives for children and youth 70,000

Austin Public Education Foundation

4000 S IH 35 Frontage Road
Austin,TX78704 		N/A PC Post-Secondary Pathways: Post-secondary access, success, and completion initiatives 60,000

Austin Partners in Education

PO Box 6118
Austin,TX78762 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 60,000

Big Brothers Big Sisters Lone Star

1003 Washington Ave
Houston,TX77002 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 60,000

Big Brothers Big Sisters of Central Texas Inc

4800 Manor Rd Bldg K
Austin,TX78723 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 60,000

Brighter Bites

PO Box 25456
Houston,TX77265 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 60,000

Partnership for the Advancement & Immersion of Refugees

3300 Chimney Rock Rd Suite 104
Houston,TX77056 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 60,000

Partnership for the Advancement & Immersion of Refugees

3300 Chimney Rock Rd Suite 104
Houston,TX77056 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 60,000

SER-Jobs for Progress of the Texas Gulf Coast Inc

1710 Telephone Rd
Houston,TX77023 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 60,000

Alley Theatre

615 Texas Ave
Houston,TX77002 		N/A PC Arts: Educational programming and initiatives for children and youth 50,000

Any Baby Can of Austin Inc

6207 Sheridan Ave
Austin,TX78723 		N/A PC Early Childhood Development and Education: Parent, family, and caregiver support 50,000

Austin Community Foundation - Foundation at Shield Ranch

9433 Bee Caves Road Suite 140
Austin,TX78733 		N/A PC Conservation: Educational programming and initiatives for children and youth 50,000

Austin Symphony Orchestra Society Inc

1806 Rio Grande St
Austin,TX78701 		N/A PC Arts: Educational programming and initiatives for children and youth 50,000

Austin Youth & Community Farm Inc - Urban Roots

4900 Gonzales St
Austin,TX78702 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 50,000

BakerRipley

4450 Harrisburg Blvd
Houston,TX77011 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 50,000

Bayou City Waterkeeper

2010 North Loop West Suite 103
Houston,TX77018 		N/A PC Conservation: Environmental protection efforts 50,000

Bayou Land Conservancy

8801 Gosling
Spring,TX77381 		N/A PC Conservation: Environmental protection efforts 50,000

BookSpring

1807 W Slaughter Lane Bldg 1
Austin,TX78748 		N/A PC Early Childhood Development and Education: Parent, family, and caregiver support 50,000

Boys & Girls Clubs of Austin And Travis County Inc

6648 Ed Bluestein Blvd
Austin,TX78723 		N/A PC Quality Public K-12 Schools: Student support 50,000

Children's Assessment Center Foundation

2500 Bolsover St
Houston,TX77005 		N/A SO III FI Human Services: Emotional well-being support 50,000

Chinese Community Center Inc

9800 Town Park Dr
Houston,TX77036 		N/A PC Early Childhood Development and Education: High-quality early learning initiatives 50,000

Coalition for the Homeless of HoustonHarris County

2000 Crawford St Suite 700
Houston,TX77002 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 50,000

East End Improvement Corporation

3211 Harrisburg Blvd
Houston,TX77003 		N/A SO I Arts: Community and public access to arts and culture 50,000

Education Trust Inc

1501 K St NW Suite 200
Washington,DC20005 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 50,000

Eight Million Stories Inc

PO Box 10557
Houston,TX77206 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 50,000

Emancipation Park Conservancy

3018 Emancipation Ave
Houston,TX77004 		N/A PC Conservation: Community access to parks and urban greenspaces 50,000

Families Empowered

2050 N Loop W Suite 230
Houston,TX77018 		N/A PC Quality Public K-12 Schools: Quality schools and innovative school models 50,000

Family Service Center at Houston and Harris County

PO Box 70068
Houston,TX77270 		N/A PC Human Services: Emotional well-being support 50,000

Houston Area Women's Center

3077 El Camino St
Houston,TX77054 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 50,000

Houston Audubon Society

440 Wilchester Blvd
Houston,TX77079 		N/A PC Conservation: Educational programming and initiatives for children and youth 50,000

Houston Ballet Foundation

601 Preston St
Houston,TX77002 		N/A PC Arts: Educational programming and initiatives for children and youth 50,000

Houston Botanic Garden

8205 N Bayou Dr
Houston,TX77017 		N/A PC Conservation: Community access to parks and urban greenspaces 50,000

Houston Museum of Natural Science

5555 Hermann Park Dr
Houston,TX77030 		N/A PC Quality Public K-12 Schools: Student support 50,000

Houston Public Library Foundation Inc

550 McKinney St
Houston,TX77002 		N/A PC Quality Public K-12 Schools: Student support 50,000

Houston Symphony Society

615 Louisiana St Suite 102
Houston,TX77002 		N/A PC Arts: Educational programming and initiatives for children and youth 50,000

iEducate USA

4903 Mayfair St
Bellaire,TX77401 		N/A PC Quality Public K-12 Schools: Student support 50,000

Interfaith Ministries for Greater Houston

3303 Main St
Harris County,TX77002 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 50,000

Latinos for Education Inc

PO Box 91135
Houston,TX77253 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 50,000

Lucille's 1913 Community Kitchen - Hogan Brown Gallery

12401 S Post Oak Rd
Houston,TX77045 		N/A PC Arts: Community and public access to arts and culture 50,000

Making It Better

14781 Memorial Dr 25
Houston,TX77079 		N/A PC Quality Public K-12 Schools: Student support 50,000

Museum of Fine Arts Houston - Bayou Bend Collection and Gardens

PO Box 6826
Houston,TX77265 		N/A PC Arts: Educational programming and initiatives for children and youth 50,000

Museum of Fine Arts Houston - Glassell School of Art

PO Box 6826
Houston,TX77265 		N/A PC Arts: Educational programming and initiatives for children and youth 50,000

Regents of the University of Michigan - TeachingWorks

1058 Wolverine Tower 3003 S State
St
Ann Arbor,MI48109 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 50,000

Shoal Creek Conservancy

PO Box 11520
Austin,TX78711 		N/A PC Conservation: Environmental protection efforts 50,000

Texas Cultural Trust Council

901 S Mopac Expressway Barton Oaks
Plaza II 410
Austin,TX78746 		N/A PC Arts: Educational programming and initiatives for children and youth 50,000

Texas Partnership for Out of School Time

8509 FM 969
Austin,TX78724 		N/A PC Quality Public K-12 Schools: Student support 50,000

The SAFE Alliance

PO Box 19454
Austin,TX78760 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 50,000

The University of Texas Health Science Center at Houston

7000 Fannin Suite 1200
Houston,TX77030 		N/A GOV Human Services: Food/housing insecurity or other stabilization and empowerment efforts 50,000

Travis Audubon Society Inc

PO Box 301629
Austin,TX78703 		N/A PC Conservation: Educational programming and initiatives for children and youth 50,000

University of Houston - Downtown

1 Main St Suite S990
Houston,TX77002 		N/A GOV Post-Secondary Pathways: Post-secondary readiness initiatives 50,000

Youth Justice Alliance

1700 S Lamar Blvd Suite 338
Austin,TX78704 		N/A PC Post-Secondary Pathways: Post-secondary access, success, and completion initiatives 50,000

Art League of Houston

1953 Montrose Blvd
Houston,TX77006 		N/A PC Arts: Educational programming and initiatives for children and youth 40,000

Child Builders

11152 Westheimer Rd 794
Houston,TX77042 		N/A PC Human Services: Emotional well-being support 40,000

Local Infant Formula For Emergencies Inc

2002 South Wayside Dr
Houston,TX77023 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 40,000

College Possible

PO Box 142308
Austin,TX78714 		N/A PC Post-Secondary Pathways: Post-secondary access, success, and completion initiatives 35,000

Austin Explore Inc

1111 W 24th St Suite 201
Austin,TX78705 		N/A PC Post-Secondary Pathways: Post-secondary readiness initiatives 30,000

Bridges To Life

PO Box 570895
Houston,TX77257 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 30,000

Center for Women & Their Work Inc

1311 E Cesar Chavez St
Austin,TX78702 		N/A PC Arts: Educational programming and initiatives for children and youth 30,000

Con Mi Madre

1825 Fortview Rd Suite 114
Austin,TX78704 		N/A PC Post-Secondary Pathways: Post-secondary access, success, and completion initiatives 30,000

Harris County Cultural Arts Council

13334 Wallisville Rd Bldg A
Houston,TX77049 		N/A PC Arts: Community and public access to arts and culture 30,000

Holocaust Museum Houston

5401 Caroline St
Houston,TX77004 		N/A PC Quality Public K-12 Schools: Student support 30,000

Open Dance Project

747 N Shepherd Dr Suite 100
Houston,TX77007 		N/A PC Arts: Educational programming and initiatives for children and youth 30,000

Performing Arts Houston

615 Louisiana St
Houston,TX77002 		N/A PC Arts: Community and public access to arts and culture 30,000

Prelude Music Foundation

9802 Madeline Alyssa Ct
Houston,TX77025 		N/A PC Arts: Educational programming and initiatives for children and youth 30,000

Seedling Foundation

8001 Centre Park Dr Suite 140
Austin,TX78754 		N/A PC Quality Public K-12 Schools: Student support 30,000

Seedling Foundation

8001 Centre Park Dr Suite 140
Austin,TX78754 		N/A PC Quality Public K-12 Schools: Student support 30,000

A Time 2 Read Inc

PO Box 7403
Huntsville,TX77342 		N/A PC Quality Public K-12 Schools: Student support 25,000

Jeremiah Program

1200 Paul Teresa Saldana St
Austin,TX78702 		N/A PC Early Childhood Development and Education: High-quality early learning initiatives 25,000

Sam Houston State University

Box 2537
Huntsville,TX77341 		N/A GOV Human Services: Food/housing insecurity or other stabilization and empowerment efforts 25,000

Westcave Outdoor Discovery Center

24814 Hamilton Pool Rd
Round Mountain,TX78663 		N/A PC Conservation: Educational programming and initiatives for children and youth 25,000

ACLU Foundation of Texas

PO Box 8306
Houston,TX77288 		N/A PC Designated Grant: General operating and support 15,000

ACLU Foundation of Texas

PO Box 8306
Houston,TX77288 		N/A PC Designated Grant: General operating and support 1,000

American Civil Liberties Union Foundation Inc

125 Broad St 18th Floor
New York,NY10004 		N/A PC Designated Grant: General operating and support 5,000

Austin Public Education Foundation

4000 S IH 35 Frontage Road
Austin,TX78704 		N/A PC Designated Grant: General operating and support 5,000

Austin Theatre Alliance

713 Congress Ave
Austin,TX78701 		N/A PC Designated Grant: General operating and support 11,803

Baylor University

One Bear Place 97043
Waco,TX76798 		N/A PC Designated Grant: General operating and support 2,500

Baylor University

One Bear Place 97043
Waco,TX76798 		N/A PC Designated Grant: General operating and support 2,000

Blue Bird Circle

615 West Alabama St
Houston,TX77006 		N/A PC Designated Grant: General operating and support 3,750

Bo's Place

10050 Buffalo Speedway
Houston,TX77054 		N/A PC Designated Grant: General operating and support 1,180

Boy Scouts of America - Circle Ten Council

8605 Harry Hines Blvd
Dallas,TX75235 		N/A PC Designated Grant: General operating and support 15,000

Boy Scouts of America - Circle Ten Council

8605 Harry Hines Blvd
Dallas,TX75235 		N/A PC Designated Grant: General operating and support 15,000

Boy Scouts of America - Circle Ten Council

8605 Harry Hines Blvd
Dallas,TX75235 		N/A PC Designated Grant: General operating and support 15,000

Boys and Girls Country of Houston Inc

18806 Roberts Road
Hockley,TX77447 		N/A PC Designated Grant: General operating and support 10,000

Cambridge in America

1120 Avenue of the Americas 7th
Floor
New York,NY10036 		N/A PC Designated Grant: General operating and support 500

Camp Allen Camp & Conference Center

18800 FM 362
Navasota,TX77868 		N/A PC Designated Grant: General operating and support 22,500

Camp Allen Camp & Conference Center

18800 FM 362
Navasota,TX77868 		N/A PC Designated Grant: General operating and support 10,000

Camp Allen Camp & Conference Center

18800 FM 362
Navasota,TX77868 		N/A PC Designated Grant: General operating and support 10,000

Camp Allen Camp & Conference Center

18800 FM 362
Navasota,TX77868 		N/A PC Designated Grant: General operating and support 5,000

CareerSpring Foundation

5311 Valerie St
Bellaire,TX77401 		N/A PC Designated Grant: General operating and support 5,000

Center for Reproductive Rights Inc

199 Water St
New York,NY10038 		N/A PC Designated Grant: General operating and support 7,500

Centre College of Kentrucky

600 West Walnut St
Danville,KY40422 		N/A PC Designated Grant: General operating and support 3,781

Children's Museum Inc

1500 Binz St
Houston,TX77004 		N/A PC Designated Grant: General operating and support 15,000

Children's Museum Inc

1500 Binz St
Houston,TX77004 		N/A PC Designated Grant: General operating and support 3,675

Christ Church Cathedral

62 East Broad Oaks Dr
Houston,TX77056 		N/A PC Designated Grant: General operating and support 2,000

Coastal Prairie Conservancy

5615 Kirby Dr Suite 867
Houston,TX77005 		N/A PC Designated Grant: General operating and support 5,000

CollegeSpring Inc

1990 N California Blvd Suite 20
Walnut Creek,CA94596 		N/A PC Designated Grant: General operating and support 20,000

Common Cause Education Fund

805 15th St NW Suite 800
Washington,DC20005 		N/A PC Designated Grant: General operating and support 10,000

Community Catalyst

One Federal St 5th Floor
Boston,MA02110 		N/A PC Designated Grant: General operating and support 1,000

Community Foundation of Acadiana

1035 Camellia Boulevard
Lafayette,LA70508 		N/A PC Designated Grant: General operating and support 10,690

Dallas 24 Hour Club Inc

4636 Ross Ave
Dallas,TX75204 		N/A PC Designated Grant: General operating and support 5,000

Environmental Defense Fund Incorporated

257 Park Ave South
New York,NY10010 		N/A PC Designated Grant: General operating and support 5,000

Episcopal High School

4650 Bissonnet St
Bellaire,TX77401 		N/A PC Designated Grant: General operating and support 30,000

Episcopal High School

4650 Bissonnet St
Bellaire,TX77401 		N/A PC Designated Grant: General operating and support 29,000

Episcopal High School

4650 Bissonnet St
Bellaire,TX77401 		N/A PC Designated Grant: General operating and support 6,000

Episcopal High School

4650 Bissonnet St
Bellaire,TX77401 		N/A PC Designated Grant: General operating and support 5,000

Ex-Students' Association of the University of Texas

PO Box 7278
Austin,TX78713 		N/A PC Designated Grant: General operating and support 1,000

Families Empowered

2050 N Loop W Suite 230
Houston,TX77018 		N/A PC Designated Grant: General operating and support 5,000

FotoFest Inc

2000 Edwards St Bldg C Suite 2
Houston,TX77007 		N/A PC Designated Grant: General operating and support 5,000

FotoFest Inc

2000 Edwards St Bldg C Suite 2
Houston,TX77007 		N/A PC Designated Grant: General operating and support 5,000

Harmony House Inc

602 Girard St
Houston,TX77007 		N/A PC Designated Grant: General operating and support 10,000

Highland Project Inc

71 W 8th St Unit 1A
New York,NY10024 		N/A PC Designated Grant: General operating and support 10,000

Holy Spirit Episcopal Church - Bayou City Blessings in a Backpack

12535 Perthshire Road
Houston,TX77024 		N/A PC Designated Grant: General operating and support 836

Houston Area Women's Center

3077 El Camino St
Houston,TX77054 		N/A PC Designated Grant: General operating and support 6,500

Houston Ballet Foundation

601 Preston St
Houston,TX77002 		N/A PC Designated Grant: General operating and support 10,000

Houston Food Bank

535 Portwall St
Houston,TX77029 		N/A PC Designated Grant: General operating and support 5,000

Houston Food Bank

535 Portwall St
Houston,TX77029 		N/A PC Designated Grant: General operating and support 2,500

Houston Grand Opera Association Inc

510 Preston St 5th Floor
Houston,TX77002 		N/A PC Designated Grant: General operating and support 15,000

Houston Livestock Show & Rodeo Inc

3 NRG Park
Houston,TX77054 		N/A PC Designated Grant: General operating and support 10,000

Houston Symphony Society

615 Louisiana St Suite 102
Houston,TX77002 		N/A PC Designated Grant: General operating and support 6,916

Houston Zoo Inc

1513 Cambridge St
Houston,TX77030 		N/A PC Designated Grant: General operating and support 5,000

Houston's Amazing Place Inc

3735 Drexel
Houston,TX77027 		N/A PC Designated Grant: General operating and support 5,000

Howard University

2218 6th St NW
Washington,DC20059 		N/A PC Designated Grant: General operating and support 10,000

Howard University

2218 6th St NW
Washington,DC20059 		N/A PC Designated Grant: General operating and support 10,000

Howard University

2218 6th St NW
Washington,DC20059 		N/A PC Designated Grant: General operating and support 3,000

Interfaith Health Center Inc

315 Gill Ave
Knoxville,TN37917 		N/A PC Designated Grant: General operating and support 15,000

Laity Renewal Foundation

719 Earl Garrett St
Kerrville,TX78028 		N/A PC Designated Grant: General operating and support 1,000

Lakeshore Park Conservancy

PO Box 10244
Knoxville,TN37939 		N/A PC Designated Grant: General operating and support 10,000

Manned Space Flight Education Foundation

1601 NASA Parkway
Houston,TX77058 		N/A PC Designated Grant: General operating and support 5,000

Memorial Assistance Ministries Inc

1625 Blalock Road
Houston,TX77080 		N/A PC Designated Grant: General operating and support 5,000

Museum of Fine Arts Houston - Bayou Bend Collection and Gardens

PO Box 6826
Houston,TX77265 		N/A PC Designated Grant: General operating and support 15,000

Museum of Fine Arts Houston - Glassell School of Art

PO Box 6826
Houston,TX77265 		N/A PC Designated Grant: General operating and support 10,000

Museum of Fine Arts Houston - Glassell School of Art

PO Box 6826
Houston,TX77265 		N/A PC Designated Grant: General operating and support 10,000

National Network of Abortion Funds - The Lilith Fund

PO Box 684949
Austin,TX78768 		N/A PC Designated Grant: General operating and support 5,000

National Network of Abortion Funds - The Lilith Fund

PO Box 684949
Austin,TX78768 		N/A PC Designated Grant: General operating and support 5,000

National Network of Abortion Funds - The Lilith Fund

PO Box 684949
Austin,TX78768 		N/A PC Designated Grant: General operating and support 1,000

National Society Of The Colonial Dames Of America In Texas - The Neill-Coch

2310 San Gabriel St
Austin,TX78705 		N/A PC Designated Grant: General operating and support 3,000

National Women's Law Center

1350 I St Suite 700
Washington,DC20005 		N/A PC Designated Grant: General operating and support 7,500

Native American Rights Fund

250 Arapahoe Ave
Boulder,CO80302 		N/A PC Designated Grant: General operating and support 1,000

Northwest Assistance Ministries

15555 Kuykendahl Road
Houston,TX77090 		N/A PC Designated Grant: General operating and support 5,000

One Simple Wish

1977 North Olden Ave 292
Trenton,NJ08618 		N/A PC Designated Grant: General operating and support 20,000

Planned Parenthood Gulf Coast Inc

4600 Gulf Frwy
Houston,TX77023 		N/A PC Designated Grant: General operating and support 5,000

Planned Parenthood of Greater Texas

7424 Greenville Ave Suite 206
Dallas,TX75231 		N/A PC Designated Grant: General operating and support 5,000

Presbyterian Church Chapel of Grace

3700 Keowee Ave SW
Knoxville,TN37919 		N/A PC Designated Grant: General operating and support 500

Ronald McDonald House Charities of Central Texas Inc

1315 Barbara Jordan Blvd
Austin,TX78723 		N/A PC Designated Grant: General operating and support 15,000

Saddle Up Nashville

1549 Old Hillsboro Rd
Franklin,TN37069 		N/A PC Designated Grant: General operating and support 10,000

Sam Houston State University

Box 2537
Huntsville,TX77341 		N/A GOV Designated Grant: General operating and support 6,645

School Year Abroad Inc

120 Water St Suite 310
North Andover,MA01845 		N/A PC Designated Grant: General operating and support 20,000

School Year Abroad Inc

120 Water St Suite 310
North Andover,MA01845 		N/A PC Designated Grant: General operating and support 10,000

School Year Abroad Inc

120 Water St Suite 310
North Andover,MA01845 		N/A PC Designated Grant: General operating and support 5,000

Sea Shepherd Conservation Society

PO Box 8628
Alexandria,VA22306 		N/A PC Designated Grant: General operating and support 5,000

SEARCH Homeless Services

2015 Congress St
Houston,TX77002 		N/A PC Designated Grant: General operating and support 15,000

SEARCH Homeless Services

2015 Congress St
Houston,TX77002 		N/A PC Designated Grant: General operating and support 5,000

SEARCH Homeless Services

2015 Congress St
Houston,TX77002 		N/A PC Designated Grant: General operating and support 1,500

Sierra Club Foundation

2101 Webster St Suite 1250
Oakland,CA94612 		N/A PC Designated Grant: General operating and support 1,000

Smithsonian Institute - National Museum of African American History & Cultu

1400 Constitution Ave Northwest
Washington,DC20560 		N/A PC Designated Grant: General operating and support 851

St John's School

2401 Claremont Ln
Houston,TX77019 		N/A PC Designated Grant: General operating and support 15,000

St John's School

2401 Claremont Ln
Houston,TX77019 		N/A PC Designated Grant: General operating and support 2,000

St Mark's Episcopal Church

3816 Bellaire Boulevard
Houston,TX77025 		N/A PC Designated Grant: General operating and support 3,750

Star of Hope Mission

4848 Loop Central Dr
Houston,TX77081 		N/A PC Designated Grant: General operating and support 2,500

Tallowood Baptist Church

555 Tallowood Road
Houston,TX77024 		N/A PC Designated Grant: General operating and support 1,500

Target Hunger

1260 Shotwell St
Houston,TX77020 		N/A PC Designated Grant: General operating and support 20,000

Texas Association for the Education of Young Children

PO Box 4997
Austin,TX78765 		N/A PC Designated Grant: General operating and support 15,000

Texas Land Conservancy

PO Box 162481
Austin,TX78716 		N/A PC Designated Grant: General operating and support 500

Texas Lyceum Association Inc

1321 Antoine Dr
Houston,TX77055 		N/A PC Designated Grant: General operating and support 5,000

Texas State University Development Foundation

601 University Dr
San Marcos,TX78666 		N/A PC Designated Grant: General operating and support 5,000

Texas Tribune Inc

919 Congress Ave 6th Floor
Austin,TX78701 		N/A PC Designated Grant: General operating and support 10,586

The Awty International School

7455 Awty School Lane
Houston,TX77055 		N/A PC Designated Grant: General operating and support 2,000

The Board Of Trustees Of The Leland Stanford Junior University

326 Galvez St
Stanford,CA94305 		N/A PC Designated Grant: General operating and support 1,000

The First Tee of Greater Houston Inc

7000 Capitol St
Houston,TX77011 		N/A PC Designated Grant: General operating and support 2,500

The Salvation Army

1500 Austin
Houston,TX77002 		N/A PC Designated Grant: General operating and support 35,000

The Salvation Army

214-216 West Chestnut St
Louisville,KY40202 		N/A PC Designated Grant: General operating and support 10,000

The University of Texas at Austin - McCombs School of Business

2110 Speedway
Austin,TX78705 		N/A GOV Designated Grant: General operating and support 2,500

The University of Texas Foundation

9011 Mountain Ridge Dr Suite 150
Austin,TX78759 		N/A PC Designated Grant: General operating and support 5,000

Transgender Law Center

PO Box 70976
Oakland,CA94612 		N/A PC Designated Grant: General operating and support 6,500

Transmit Receive Labs Inc

6501 Navigation Blvd Suite A0
Houston,TX77011 		N/A PC Designated Grant: General operating and support 5,000

Trustees of Dartmouth College

6066 Development Office
Hanover,NH03755 		N/A PC Designated Grant: General operating and support 20,000

Trustees of Dartmouth College

6066 Development Office
Hanover,NH03755 		N/A PC Designated Grant: General operating and support 10,000

Trustees of Dartmouth College

6066 Development Office
Hanover,NH03755 		N/A PC Designated Grant: General operating and support 5,000

United States Foundation for the Commemoration of the World Wars

PO Box 17586
Arlington,VA22216 		N/A PC Designated Grant: General operating and support 6,967

University of Arizona Foundation

1111 North Cherry Ave
Tucson,AZ85721 		N/A PC Designated Grant: General operating and support 15,000

University of Arizona Foundation

1111 North Cherry Ave
Tucson,AZ85721 		N/A PC Designated Grant: General operating and support 12,500

University of Arizona Foundation

1111 North Cherry Ave
Tucson,AZ85721 		N/A PC Designated Grant: General operating and support 5,000

University of Houston

5000 Gulf Freeway
Houston,TX77024 		N/A GOV Designated Grant: General operating and support 5,000

University of North Carolina at Wilmington

601 College Road
Wilmington,NC28403 		N/A GOV Designated Grant: General operating and support 15,000

University of Puget Sound

1500 N Warner St 1067
TACOMA,WA98416 		N/A PC Designated Grant: General operating and support 1,000

The University of Texas MD Anderson Cancer Center

Unit 705
Houston,TX77230 		N/A GOV Designated Grant: General operating and support 5,000

Ursuline Academy of Dallas Foundation Inc

4900 Walnut Hill Lane
Dallas,TX75229 		N/A PC Designated Grant: General operating and support 10,000

W Oscar Neuhaus Memorial Foundation - Neuhaus Education Center

4433 Bissonnet St
Bellaire,TX77401 		N/A PC Designated Grant: General operating and support 10,000

W Oscar Neuhaus Memorial Foundation - Neuhaus Education Center

4433 Bissonnet St
Bellaire,TX77401 		N/A PC Designated Grant: General operating and support 500

Waterloo Greenway Conservancy

1111 Red River St
Austin,TX78701 		N/A PC Designated Grant: General operating and support 35,000

Waterloo Greenway Conservancy

1111 Red River St
Austin,TX78701 		N/A PC Designated Grant: General operating and support 10,000

Waterloo Greenway Conservancy

1111 Red River St
Austin,TX78701 		N/A PC Designated Grant: General operating and support 10,000

Waterloo Greenway Conservancy

1111 Red River St
Austin,TX78701 		N/A PC Designated Grant: General operating and support 6,375

Waterloo Greenway Conservancy

1111 Red River St
Austin,TX78701 		N/A PC Designated Grant: General operating and support 5,000

William Marsh Rice University - Texas Policy Lab

6100 Main St
Houston,TX77005 		N/A PC Designated Grant: General operating and support 5,000

Woods Project Inc

2700 Southwest Frwy
Houston,TX77098 		N/A PC Designated Grant: General operating and support 1,000

Grantmakers for Education

400 SE 103rd Dr 33348
Portland,OR97216 		N/A PC Other: General operating, support, programs, and initiatives 6,000

National Center for Family Philanthropy Inc

1667 K St NW
Washington,DC20006 		N/A PC Other: General operating, support, programs, and initiatives 5,000

Philanthropy Southwest

1910 Pacific Ave Suite 13500
Dallas,TX75201 		N/A PC Other: General operating, support, programs, and initiatives 6,050

Randolph College

2500 Rivermont Ave
Lynchburg,VA24503 		N/A PC Other: General operating, support, programs, and initiatives 10,000

SEARCH Homeless Services

2015 Congress St
Houston,TX77002 		N/A PC Other: General operating, support, programs, and initiatives 5,000
Total .................................right arrow 3a 17,526,704
bApproved for future payment

Houston Museum of Natural Science
5555 Hermann Park Dr
Houston,TX77030 		N/A PC Quality Public K-12 Schools: Student support 100,000

Houston Symphony Society
615 Louisiana St Suite 102
Houston,TX77002 		N/A PC Arts: Educational programming and initiatives for children and youth 100,000

Museum of Fine Arts Houston - Bayou Bend Collection and Gardens
PO Box 6826
Houston,TX77265 		N/A PC Arts: Educational programming and initiatives for children and youth 100,000

Museum of Fine Arts Houston - Glassell School of Art
PO Box 6826
Houston,TX77265 		N/A PC Arts: Educational programming and initiatives for children and youth 100,000

Summer House Institute
1600 Vine St
Philadelphia,PA19102 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 100,000

William Marsh Rice University - Houston Education Research Consortium
6100 Main St MS-208
Houston,TX77005 		N/A PC Early Childhood Development and Education: Data, research, and policy initiatives 100,000

Boys & Girls Club of Walker County TX Inc
PO Box 8600
Huntsville,TX77340 		N/A PC Quality Public K-12 Schools: Student support 75,000

Teach For America Inc
3311 Catalina Dr
Austin,TX78741 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 75,000

Brighter Bites
PO Box 25456
Houston,TX77265 		N/A PC Human Services: Food/housing insecurity or other stabilization and empowerment efforts 60,000

Alley Theatre
615 Texas Ave
Houston,TX77002 		N/A PC Arts: Educational programming and initiatives for children and youth 50,000

Houston Ballet Foundation
601 Preston St
Houston,TX77002 		N/A PC Arts: Educational programming and initiatives for children and youth 50,000

Houston Grand Opera Association Inc
510 Preston St 5th Fl
Houston,TX77002 		N/A PC Arts: Educational programming and initiatives for children and youth 50,000

Houston Zoo Inc
1513 Cambridge St
Houston,TX77030 		N/A PC Conservation: Educational programming and initiatives for children and youth 50,000

Regents of the University of Michigan - TeachingWorks
1058 Wolverine Tower 3003 S State
St
Ann Arbor,MI48109 		N/A PC Quality Public K-12 Schools: Excellent educator initiatives 50,000

Texas A&M University Health Science Center
400 Harvey Mitchell Pkwy South
College Station,TX77845 		N/A GOV Quality Public K-12 Schools: Excellent educator initiatives 50,000

Texas Cultural Trust Council
901 S Mopac Expressway Barton Oaks
Plaza II 410
Austin,TX78746 		N/A PC Arts: Educational programming and initiatives for children and youth 50,000

Youth Justice Alliance
1700 S Lamar Blvd Suite 338
Austin,TX78704 		N/A PC Post-Secondary Pathways: Post-secondary access, success, and completion initiatives 50,000

Harris County Cultural Arts Council
13334 Wallisville Rd Bldg A
Houston,TX77049 		N/A PC Arts: Community and public access to arts and culture 30,000

A Time 2 Read Inc
PO Box 7403
Huntsville,TX77342 		N/A PC Quality Public K-12 Schools: Student support 25,000

Walker County Historical Commission
1301 Sam Houston Ave 218
Huntsville,TX77340 		N/A GOV Other: General operating, support, programs, and initiatives 8,000
Total ................................. right arrow 3b 1,273,000
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 ........... 		    14 184,765  
4 Dividends and interest from securities ....     14 6,636,268  
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 16,013,374  
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 22,834,407 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
22,834,407
(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

TY 2023 AccountingFeesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax compliance 7,800 3,900   3,600

TY 2023 GeneralExplanationAttachment
Name:
The Powell Foundation
EIN:
74-6104592
Identifier Return Reference Explanation
Restrictions or limitations on awards (continued) Part XIV, Line 2d The Powell Foundation is dedicated to catalyzing progress in public education, the arts, conservation, and human services. Funding is focused on the Foundation's geographic areas of interest in Harris, Travis, or Walker Counties, Texas. The requesting organization must be a 501(c)(3) tax-exempt charitable entity, as described in Section 509(a)(1) or 509(a)(2) of the Internal Revenue Code. This includes public charities, government organizations, and eligible supporting organizations. State agencies defined under IRC Section 170 (c)(1) are also deemed eligible entities if grant funding is requested for a public purpose. Organizations classified as 509(a)(3) Type I, Type II, and functionally-integrated Type III (supporting organization) may be eligible for grants from The Powell Foundation with additional diligence, particularly as it relates to disqualified individuals who are both connected with these organizations and affiliated with The Powell Foundation (either directly or indirectly). The Foundation will not make grants to 509(a)(3) Type III non-functionally integrated organizations.The Powell Foundation does not make grants to individuals, endowments or endowment campaigns, scholarship funds, other private foundations, fundraising and marketing events (e.g. galas), debt retirement or to cover past operating deficits, candidates for political office or to influence specific legislation (lobbying), organizations for realizing religious or doctrinal purpose.

TY 2023 InvestmentsCorpBondsSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Name of Bond End of Year Book Value End of Year Fair Market Value
1,500,000 Adobe Inc Note 2.300% 02/01/2030 1,343,700 1,343,700
1,500,000 Amazon.com Inc Note 3.600% 04/13/2032 1,428,855 1,428,855
1,500,000 Bank of America Corp Ser L Mtn 3.500% 04/19/2026 1,459,605 1,459,605
500,000 Enterprise Products Operating LLC Note 3.950% 02/15/2027 491,835 491,835
1,500,000 Goldman Sachs Group Inc Note 3.750% 05/22/2025 1,469,085 1,469,085
1,500,000 Home Depot Inc Note 2.950% 06/15/2029 1,409,790 1,409,790
1,500,000 JPMorgan Chase & Co Note 2.950% 10/01/2026 1,428,855 1,428,855
1,500,000 Mastercard Inc Note 3.350% 03/26/2030 1,430,520 1,430,520
1,500,000 McDonald's Corp Mtn 3.500% 03/01/2027 1,459,980 1,459,980
1,500,000 Morgan Stanley Ser I Mtn 3.625% 01/20/2027 1,454,235 1,454,235
500,000 PepsiCo Inc Note 2.375% 10/06/2026 475,110 475,110
1,000,000 PepsiCo Inc Note 2.625% 07/29/2029 921,280 921,280
500,000 Philip Morris International Inc Note 2.750% 02/25/2026 479,085 479,085
1,000,000 Philip Morris International Inc Note 3.375% 08/15/2029 937,730 937,730
500,000 State Street Corp Note 2.650% 05/19/2026 477,380 477,380
1,500,000 Verizon Communications Inc Note 4.125% 03/16/2027 1,477,950 1,477,950
1,500,000 Visa Inc Note 2.050% 04/15/2030 1,318,020 1,318,020
1,500,000 Wells Fargo & Co Note 3.000% 10/23/2026 1,424,055 1,424,055

TY 2023 InvestmentsCorpStockSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Name of Stock End of Year Book Value End of Year Fair Market Value
46,640 Abbott Laboratories 5,133,665 5,133,665
9,875 Adobe Inc 5,891,425 5,891,425
13,990 Air Products and Chemicals Inc 3,830,462 3,830,462
80,000 Alphabet Inc Class C 11,274,400 11,274,400
99,600 Amazon.com Inc 15,133,224 15,133,224
73,275 Apple Inc 14,107,636 14,107,636
2,196,943 Artisan International Fund Inst 59,163,682 59,163,682
4,850 ASML Holding NV 3,671,062 3,671,062
63,200 AstraZeneca PLC 4,256,520 4,256,520
10,265 Automatic Data Processing Inc 2,391,437 2,391,437
25,000 BAE Systems PLC 1,445,450 1,445,450
9,905 BlackRock Inc 8,040,879 8,040,879
14,975 Broadridge Financial Solutions Inc 3,081,106 3,081,106
56,235 Canadian Pacific Kansas City Ltd 4,445,939 4,445,939
55,939 Chevron Corporation 8,343,861 8,343,861
14,000 CME Group Inc 2,948,400 2,948,400
105,033 Coca-Cola Co 6,189,595 6,189,595
114,775 Comcast Corporation 5,032,884 5,032,884
2,500 Eli Lilly And Co 1,457,300 1,457,300
49,250 EOG Resources Inc 5,956,788 5,956,788
21,250 Estee Lauder Companies Inc 3,107,813 3,107,813
74,500 Hess Corp 10,739,920 10,739,920
45,175 Intercontinental Exchange Inc 5,801,825 5,801,825
13,350 Intuit Inc 8,344,150 8,344,150
13,400 Intuitive Surgical, Inc. 4,520,624 4,520,624
19,150 Marriott International Inc 4,318,516 4,318,516
15,100 Mastercard Inc 6,440,301 6,440,301
23,530 McDonald's Corp 6,976,880 6,976,880
78,185 Microsoft Corp 29,400,687 29,400,687
32,857 Mondelez International Inc 2,379,833 2,379,833
30,410 Nestle SA - ADR 3,516,308 3,516,308
38,870 Nike Inc 4,220,116 4,220,116
148,450 Novo Nordisk A/S 15,357,152 15,357,152
13,825 Otis Worldwide Corp 1,236,923 1,236,923
36,598 PepsiCo Inc 6,215,804 6,215,804
51,925 Philip Morris International Inc. 4,885,104 4,885,104
27,460 Progressive Corp 4,373,829 4,373,829
40,625 RTX Corp 3,418,188 3,418,188
12,415 S&P Global Inc 5,469,056 5,469,056
13,275 Sherwin-Williams Co 4,140,472 4,140,472
52,895 Texas Instruments Inc 9,016,482 9,016,482
31,510 Union Pacific Corp 7,739,486 7,739,486
18,920 UnitedHealth Group Inc 9,960,812 9,960,812
650,253 Vanguard Mid-Cap Index Fund Inst 41,382,093 41,382,093
13,650 Verisk Analytics, Inc. 3,260,439 3,260,439
43,525 Visa Inc 11,331,734 11,331,734
10,000 Zoetis Inc 1,973,700 1,973,700

TY 2023 InvestmentsGovtObligationsSch
Name:
The Powell Foundation
EIN:
74-6104592
US Government Securities - End of Year Book Value:

3,184,289
US Government Securities - End of Year Fair Market Value:

3,184,289
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 LegalFeesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
General counsel 10,284 0   13,281


TY 2023 OtherExpensesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bank charges 16,357 16,357   0
Dues and subscriptions 2,345 117   1,473
Insurance 4,045 202   3,807
Office expense 11,445 572   10,012
Payroll processing fees 13,630 682   12,949
Software expense 10,554 0   10,601
Technology expenses 4,690 235   4,444
Telephone 3,824 191   3,623


TY 2023 OtherIncreasesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Description Amount
Unrealized appreciation in value of investments 42,959,232
Difference between cost and fair market value of noncash grants 2,624,973


TY 2023 OtherProfessionalFeesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment management fees 653,277 653,277   0
Information technology services 24,603 0   25,416
Strategic planning 11,450 0   12,950
Professional development 13,754 0   16,040
Administrative consultation and support 4,810 0   14,670


TY 2023 TaxesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise tax 305,480 0   0
Foreign tax 112,253 112,253   0