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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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$293,377,363J 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) 60,022,500
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4,857,967 4,857,967  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 19,543,497
b Gross sales price for all assets on line 6a 53,540,293
7 Capital gain net income (from Part IV, line 2)... 19,543,497
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
44,104 4,675  
12 Total. Add lines 1 through 11........ 84,468,068 24,406,139  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 839,443 19,698   819,745
14 Other employee salaries and wages...... 36,952 0   36,952
15 Pension plans, employee benefits....... 31,184 0   31,184
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
21,590 0   21,590
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
28,177 14,088   14,089
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
153,132 0   153,132
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
263,139 127,393   54,746
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
3,502 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
1,373,173 1,110,954   262,219
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,750,292 1,272,133   1,393,657
25 Contributions, gifts, grants paid....... 58,500,762 58,500,762
26 Total expenses and disbursements. Add lines 24 and 25 61,251,054 1,272,133   59,894,419
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 23,217,014
b Net investment income (if negative, enter -0-) 23,134,006
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 21,620,592 20,511,849 20,511,849
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).......... 140,406,454 Click to see attachment
List of Attached Documents:
// Content
152,839,100 		272,857,020
14 Land, buildings, and equipment: basis right arrow410,372
Less: accumulated depreciation (attach schedule) right arrow401,879 8,896 Click to see attachment
List of Attached Documents:
// Content
8,493 		8,494
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 162,035,942 173,359,442 293,377,363
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 162,035,942 173,359,442
29 Total net assets or fund balances (see instructions)..... 162,035,942 173,359,442
30 Total liabilities and net assets/fund balances (see instructions). 162,035,942 173,359,442
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
162,035,942
2
Enter amount from Part I, line 27a .....................
2
23,217,014
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
185,252,956
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
11,893,514
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
173,359,442
Form 990-PF (2024)
Form 990-PF (2024)
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   2024-12-31
b CAPITAL GAIN DISTRIBUTION P   2024-12-31
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 53,540,087   33,996,796 19,543,291
b 206     206
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       19,543,291
b       206
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 19,543,497
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) 1 321,563
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........................... 3 321,563
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- ..... 5 321,563
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 339,349
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.............. 7 339,349
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 17,786
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow17,786 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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 		71,874 0 3,400
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 		58,009 1,740 324
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
SABRINA W KIRWIN ASSISTANT TREASURER
6.00 		31,103 933 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
AARTI K GAREHGRAT ASSISTANT TREASURER
6.00 		28,344 850 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
SARAH NEWBERY DIRECTOR OF PARKS & GREENSPACE
40.00 		260,886 7,826 0
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
GUY HAGSTETTE SR. VP OF PARKS & CIVIC PROJECTS
40.00 		398,622 11,959 2,420
2229 SAN FELIPE SUITE 1700
HOUSTON,TX77019
PATRA BRANNON DIR. OF EDUCATION & COMMUNITY PROJECTS
40.00 		225,561 6,767 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 (2024)
Form 990-PF (2024)
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 (2024)
Form 990-PF (2024)
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
262,625,506
b
Average of monthly cash balances.......................
1b
22,946,054
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
285,571,560
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
285,571,560
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
4,283,573
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
281,287,987
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
14,064,399
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
14,064,399
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
321,563
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
321,563
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
13,742,836
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
13,742,836
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
13,742,836
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
59,894,419
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
59,894,419
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 13,742,836
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 39,938,694
b From 2020...... 42,327,909
c From 2021...... 40,925,234
d From 2022...... 44,591,200
e From 2023...... 45,359,714
f Total of lines 3a through e ........ 213,142,751
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 59,894,419
a Applied to 2023, 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 2024 distributable amount..... 13,742,836
e Remaining amount distributed out of corpus 46,151,583
5 Excess distributions carryover applied to 2024. 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 5 259,294,334
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		39,938,694
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		219,355,640
10 Analysis of line 9:
a Excess from 2020.... 42,327,909
b Excess from 2021.... 40,925,234
c Excess from 2022.... 44,591,200
d Excess from 2023.... 45,359,714
e Excess from 2024.... 46,151,583
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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 (2024)
Form 990-PF (2024)
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 60,000

BARBARA BUSH HOUSTON LITERACY FOUNDATION

7887 SAN FELIPE SUITE 250
HOUSTON,TX77063 		N/A PC GENERAL FUND 30,000

BUFFALO BAYOU PARTNERSHIP

1113 VINE STREET SUITE 215
HOUSTON,TX77002 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 533,893

BUFFALO BAYOU PARTNERSHIP

1113 VINE STREET SUITE 215
HOUSTON,TX77002 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 22,717

BUFFALO BAYOU PARTNERSHIP

1113 VINE STREET SUITE 215
HOUSTON,TX77002 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 30,472

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 PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 15,816,766

BUFFALO SOLDIERS MUSEUM

3816 CAROLINE STREET
HOUSTON,TX77004 		N/A PC CAPITAL CAMPAIGN AND JUNTEENTH CELEBRATION 1,422,655

BUFFALO SOLDIERS MUSEUM

3816 CAROLINE STREET
HOUSTON,TX77004 		N/A PC CAPITAL CAMPAIGN AND JUNTEENTH CELEBRATION 75,089

BUFFALO SOLDIERS MUSEUM

3816 CAROLINE STREET
HOUSTON,TX77004 		N/A PC GENERAL FUND 25,000

CENTRAL HOUSTON

1221 MCKINNEY STREET SUITE 4250
HOUSTON,TX77006 		N/A PC GENERAL FUND 15,000

CONTEMPORARY ARTS MUSEUM HOUSTON

5216 MONTROSE BLVD
HOUSTON,TX77251 		N/A PC FREEDMEN'S TOWN 351,000

CRISTO REY JESUIT SCHOOL

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

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 ENDOWMENT FUND 200,000

DISCOVERY GREEN CONSERVANCY

1500 MCKINNEY
HOUSTON,TX77010 		N/A PC ENDOWMENT FUND & STRATEGIC PLAN 66,915

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 & STRATEGIC PLAN 1,890,907

DISCOVERY GREEN CONSERVANCY

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

DISCOVERY GREEN CONSERVANCY

1500 MCKINNEY
HOUSTON,TX77010 		N/A PC SPRING 2025 JAZZY SUNDAY SERIES 455,000

EMANCIPATION PARK CONSERVANCY

3018 EMANCIPATION AVENUE
HOUSTON,TX77004 		N/A PC GENERAL FUND 25,000

EMANCIPATION PARK CONSERVANCY

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

GOOD REASON HOUSTON

8 GREENWAY PLAZA STE 900
HOUSTON,TX77046 		N/A PC SUPPORT OF PUBLIC EDUCATION IN HOUSTON 89,814

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 46,079

GOOD REASON HOUSTON

8 GREENWAY PLAZA STE 900
HOUSTON,TX77046 		N/A PC SUPPORT OF PUBLIC EDUCATION IN HOUSTON 1,898,559

GOOD REASON HOUSTON

8 GREENWAY PLAZA STE 900
HOUSTON,TX77046 		N/A PC SUPPORT OF PUBLIC EDUCATION IN HOUSTON 954,113

GREATER HOUSTON COMMUNITY FOUNDATION

515 POST OAK BLVD
HOUSTON,TX77027 		N/A PC DIRECTOR'S DONOR ADVISED FUNDS 175,000

GREATER HOUSTON COMMUNITY FOUNDATION

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

HISD FOUNDATION

4400 W 18TH STREET
HOUSTON,TX77092 		N/A PC STUDENTS TRIP ABROAD - JAPAN AND WASHINGTON DC 1,000,000

HISD FOUNDATION

4400 W 18TH STREET
HOUSTON,TX77092 		N/A PC TEACHER AWARDS 60,000

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,TX77030 		N/A PC CENTER FOR HEALTH AND NATURE 333,333

HOUSTON MUSEUM OF NATURAL SCIENCE

5555 HERMANN PARK DRIVE
HOUSTON,TX77030 		N/A PC GENERAL FUND 5,000

HOUSTON PARKS BOARD

300 NORTH POST OAK LANE
HOUSTON,TX77024 		N/A PC MACGREGOR PARK DESIGN & CONSTRUCTION 145,457

HOUSTON PARKS BOARD

300 NORTH POST OAK LANE
HOUSTON,TX77024 		N/A PC HOUSTON URBAN PARK STUDY TOUR 25,000

HOUSTON PARKS BOARD

300 NORTH POST OAK LANE
HOUSTON,TX77024 		N/A PC MACGREGOR PARK DESIGN & CONSTRUCTION 2,368,987

HOUSTON PARKS BOARD

300 NORTH POST OAK LANE
HOUSTON,TX77024 		N/A PC GENERAL FUND 25,000

HOUSTON PARKS BOARD

300 NORTH POST OAK LANE
HOUSTON,TX77024 		N/A PC MACGREGOR PARK DESIGN & CONSTRUCTION 31,395

HSPVA FRIENDS

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

KIPP

10711 KIPP WAY
HOUSTON,TX77099 		N/A PC TEACHER AWARDS 95,000

KIPP

10711 KIPP WAY
HOUSTON,TX77099 		N/A PC TEACHER AWARDS 120,000

KIPP

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

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 STORM DAMAGE 250,000

MEMORIAL PARK CONSERVANCY

7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 1,141,041

MEMORIAL PARK CONSERVANCY

7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC MEMORIAL GROVES 2,376,174

MEMORIAL PARK CONSERVANCY

7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC MEMORIAL GROVES 123,735

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 PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 53,423

MEMORIAL PARK CONSERVANCY

7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 134,264

MEMORIAL PARK CONSERVANCY

7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN 16,108

MUSEUM OF FINE ARTS HOUSTON

1001 BISSONNET ST
HOUSTON,TX77005 		N/A PC GENERAL FUND 59,292

MUSEUM OF FINE ARTS HOUSTON

1001 BISSONNET ST
HOUSTON,TX77005 		N/A PC GENERAL FUND AND EXHIBITIONS 250,000

MUSEUM OF FINE ARTS HOUSTON

1001 BISSONNET ST
HOUSTON,TX77005 		N/A PC GENERAL FUND 1,000

MUSEUM OF FINE ARTS HOUSTON

1001 BISSONNET ST
HOUSTON,TX77005 		N/A PC GENERAL FUND AND EXHIBITIONS 150,000

MUSEUM OF FINE ARTS HOUSTON

1001 BISSONNET ST
HOUSTON,TX77005 		N/A PC GENERAL FUND 940,531

PROJECT ROW HOUSES

P O BOX 1011
HOUSTON,TX77004 		N/A PC GENERAL FUND 25,000

PROJECT ROW HOUSES

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

RICE UNIVERSITY

P O BOX 1892
HOUSTON,TX77251 		N/A PC ENHANCEMENT AND EXPANSION OF THE KINDER INSTITUTE FOR URBAN RESEARCH 11,871,474

RICE UNIVERSITY

P O BOX 1892
HOUSTON,TX77251 		N/A PC ENHANCEMENT AND EXPANSION OF THE KINDER INSTITUTE FOR URBAN RESEARCH 721,050

RICE UNIVERSITY

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

SPARK PARKS

P O BOX 1562
HOUSTON,TX77251 		N/A PC GREENSPACE IN PUBLIC SCHOOLS 1,475,000

ST JOHN BERCHMAN'S ACADEMY

1821 ACADEMY ROAD
GRAND COTEAU,LA70541 		N/A PC GENERAL FUND 1,000

TEACH FOR AMERICA

2 GREENWAY PLAZA SUITE 500
HOUSTON,TX77046 		N/A PC 50% OF STIPEND - 2024-2026 HOUSTON CORE MEMBERS 315,000

TEXAS LEGISLATIVE INTERNSHIP PROGRAM

7901 EL RIO
HOUSTON,TX77054 		N/A PC GENERAL FUND 2,500

TREES FOR HOUSTON

P O BOX 270477
HOUSTON,TX77277 		N/A PC GENERAL FUND 500,000

TREES FOR HOUSTON

P O BOX 270477
HOUSTON,TX77277 		N/A PC GENERAL FUND 25,000

TREES FOR HOUSTON

P O BOX 270477
HOUSTON,TX77277 		N/A PC GENERAL FUND 25,000

UNITED WAY

50 WAUGH DRIVE
HOUSTON,TX77007 		N/A PC GENERAL FUND 945,137

UNITED WAY

50 WAUGH DRIVE
HOUSTON,TX77007 		N/A PC GENERAL FUND 40,945

UNIVERSITY OF MISSOURI

105 JESSE HALL
COLUMBIA,MO65211 		N/A PC ENHANCEMENT AND EXPANSION OF THE KINDER INSTITUTE FOR CONSTITUTIONAL DEMOCRACY 291,030

UNIVERSITY OF MISSOURI

105 JESSE HALL
COLUMBIA,MO65211 		N/A PC HARVEY A. KANTOR MEMORIAL SCHOLARSHIP 5,000

UNIVERSITY OF MISSOURI

105 JESSE HALL
COLUMBIA,MO65211 		N/A PC ENHANCEMENT AND EXPANSION OF THE KINDER INSTITUTE FOR CONSTITUTIONAL DEMOCRACY 4,742,237

UNIVERSITY OF TEXAS AT AUSTIN

110 INNER CAMPUS DRIVE
AUSTIN,TX78712 		N/A PC GENERAL FUND 50,000

WILLOW WATERHOLE CONSERVANCY

5300 DRYAD DR
HOUSTON,TX77035 		N/A PC GENERAL FUND - EXPANSION OF GREENSPACE IN HOUSTON 25,000

WILLOW WATERHOLE CONSERVANCY

5300 DRYAD DR
HOUSTON,TX77035 		N/A PC GENERAL FUND - EXPANSION OF GREENSPACE IN HOUSTON 25,000

YES PREP PUBLIC SCHOOLS

6201 BONHOMME SUITE 168N
HOUSTON,TX77036 		N/A PC TEACHER AWARDS 120,000
Total .................................right arrow 3a 58,500,762
bApproved for future payment

CONTEMPORARY ARTS MUSEUM HOUSTON
5216 MONTROSE BLVD
HOUSTON,TX77006 		N/A PC FREEDMEN'S TOWN 2,649,000

MEMORIAL PARK CONSERVANCY
7575 NORTH PICNIC LANE
HOUSTON,TX77057 		N/A PC MEMORIAL GROVES 7,500,000

TEACH FOR AMERICA
2 GREENWAY PLAZA SUITE 500
HOUSTON,TX77046 		N/A PC 50% OF STIPEND - 2024-2026 HOUSTON CORE MEMBERS 743,750
Total ................................. right arrow 3b 10,892,750
Form 990-PF (2024)
Form 990-PF (2024)
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 4,857,967  
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 44,104  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 19,543,497  
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 24,445,568 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
24,445,568
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

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

76-0519073
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
KINDER FOUNDATION
  		Employer identification number
76-0519073
Part I
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
RDK VENTURES LLC CO RICHARD KINDER
2229 SAN FELIPE SUITE 1700
 
HOUSTON, TX77019

$ 22,500


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

$ 59,783,754


(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

$ 216,246


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
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
 
$    
(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
 
$    
(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
KINDER FOUNDATION
EIN:
76-0519073
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING AND TAX SERVICES 28,177 14,088   14,089

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

TY 2024 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 1,666 200DB 7.000000000000 0 0    
OFFICE DECOR AND FURNISHINGS 2016-03-22 7,452 7,452 200DB 7.000000000000 0 0    
OFFICE DECOR AND FURNISHINGS 2016-05-26 262 262 200DB 7.000000000000 0 0    
OFFICE DECOR AND FURNISHINGS 2016-08-08 3,667 3,667 200DB 7.000000000000 0 0    
OFFICE DECOR AND FURNISHINGS 2016-08-22 659 659 200DB 7.000000000000 0 0    
LCD NETWORK PHONE 2017-08-16 275 275 200DB 5.000000000000 0 0    
LEASEHOLD IMPROVEMENT 2017-03-09 7,518 3,746 150DB 15.000000000000 444 0    
OFFICE DECOR AND FURNISHINGS 2017-01-17 2,251 2,151 200DB 7.000000000000 100 0    
OFFICE DECOR AND FURNISHINGS 2017-06-19 2,251 2,151 200DB 7.000000000000 100 0    
OFFICE DECOR AND FURNISHINGS 2017-07-13 2,751 2,628 200DB 7.000000000000 123 0    
OFFICE DECOR AND FURNISHINGS 2017-10-30 2,751 2,628 200DB 7.000000000000 123 0    
COMPUTER AND TECHNOLOGY 2018-02-07 1,799 1,799 200DB 5.000000000000 0 0    
COMPUTER AND TECHNOLOGY 2018-05-24 1,159 1,159 200DB 5.000000000000 0 0    
AV EQUIPMENT 2018-03-27 899 899 200DB 5.000000000000 0 0    
AV EQUIPMENT 2018-03-27 1,299 1,299 200DB 5.000000000000 0 0    
ICE MAKER 2018-11-01 3,083 2,670 200DB 7.000000000000 275 0    
COMPUTER AND TECHNOLOGY 2020-02-17 1,691 1,482 200DB 5.000000000000 186 0    
COMPUTER AND TECHNOLOGY 2020-11-12 1,951 1,551 200DB 5.000000000000 213 0    
COMPUTER EQUIPMENT 2020-12-03 401 319 200DB 5.000000000000 44 0    
COMPUTER AND TECHNOLOGY 2021-11-15 1,680 1,105 200DB 5.000000000000 230 0    
COMPUTER AND TECHNOLOGY 2021-07-15 2,274 1,578 200DB 5.000000000000 278 0    
COMPUTER AND TECHNOLOGY 2022-08-30 1,395 683 200DB 5.000000000000 285 0    
COMPUTER AND TECHNOLOGY 2022-08-30 9 4 200DB 5.000000000000 2 0    
COMPUTER AND TECHNOLOGY 2022-08-30 595 291 200DB 5.000000000000 122 0    
COMPUTER AND TECHNOLOGY 2023-12-18 1,349 67 200DB 5.000000000000 513 0    
COMPUTER AND TECHNOLOGY 2024-06-06 794   200DB 5.000000000000 119 0    
COMPUTER AND TECHNOLOGY 2024-08-19 476   200DB 5.000000000000 71 0    
COMPUTER AND TECHNOLOGY 2024-08-29 1,829   200DB 5.000000000000 274 0    

TY 2024 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 2024 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 27,496,463 41,506,727
ML ACCT 2066 AT COST 72,702,853 143,669,962
ML ACCT 4002 AT COST 19,638,730 32,714,186
ML ACCT 4003 AT COST 33,001,054 54,966,145

TY 2024 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 4,190 3,328  
OFFICE DECOR AND FURNISHINGS 2,251 2,251 0  
OFFICE DECOR AND FURNISHINGS 2,251 2,251 0  
OFFICE DECOR AND FURNISHINGS 2,751 2,751 0  
OFFICE DECOR AND FURNISHINGS 2,751 2,751 0  
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 2,945 138  
COMPUTER AND TECHNOLOGY 1,691 1,668 23  
COMPUTER AND TECHNOLOGY 1,951 1,764 187  
COMPUTER EQUIPMENT 401 363 38  
COMPUTER AND TECHNOLOGY 1,680 1,335 345  
COMPUTER AND TECHNOLOGY 2,274 1,856 418  
COMPUTER AND TECHNOLOGY 1,395 968 427  
COMPUTER AND TECHNOLOGY 9 6 3  
COMPUTER AND TECHNOLOGY 595 413 182  
COMPUTER AND TECHNOLOGY 1,349 580 769  
COMPUTER AND TECHNOLOGY 794 119 675  
COMPUTER AND TECHNOLOGY 476 71 405  
COMPUTER AND TECHNOLOGY 1,829 274 1,555  


TY 2024 LegalFeesSchedule
Name:
KINDER FOUNDATION
EIN:
76-0519073
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 21,590 0   21,590


TY 2024 OtherDecreasesSchedule
Name:
KINDER FOUNDATION
EIN:
76-0519073
Description Amount
TIMING DIFFERENCE 877,940
NET UNREALIZED GAIN ON STOCK CONTRIBUTIONS/DISTRIBUTIONS 11,015,574


TY 2024 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 1,105,740 1,105,740   0
BANKING FEES/CHECK ORDER FEE 6,165 3,083   3,083
OFFICE AND TECHNOLOGY EXPENSES 94,854 2,131   92,722
CHARITABLE ENTITY EVENTS 61,315 0   61,315
EXPENSE REIMBURSEMENT 7,724 0   7,724
PAYROLL PROCESSING FEES 1,137 0   1,137
MEALS AND ENTERTAINMENT 8,238 0   8,238
MEMBERSHIPS 88,000 0   88,000


TY 2024 OtherIncomeSchedule2
Name:
KINDER FOUNDATION
EIN:
76-0519073
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
NONDIVIDEND DISTRIBUTIONS 39,429 0 39,429
MISCELLANEOUS INCOME 4,675 4,675 4,675


TY 2024 OtherProfessionalFeesSchedule
Name:
KINDER FOUNDATION
EIN:
76-0519073
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 5,100 0   5,100
PUBLIC RELATIONS FEES 142,032 0   142,032
ADMINISTRATIVE FEES 6,000 0   6,000


TY 2024 TaxesSchedule
Name:
KINDER FOUNDATION
EIN:
76-0519073
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2024 EXCISE TAX 81,000 0   0
FOREIGN TAXES 126,134 126,134   0
PAYROLL TAXES 56,005 1,259   54,746