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
DIAN GRAVES OWEN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)400 NORTH PINE STREET SUITE 1000
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ABILENE, TX79601
A Employer identification number

75-2682536
B Telephone number (see instructions)

(325) 677-1367
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$416,346,315J 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 1,749,786 1,749,786  
4 Dividends and interest from securities... 3,930,356 3,930,356  
5a Gross rents............      
b Net rental income or (loss) -361,417
6a Net gain or (loss) from sale of assets not on line 10 8,154,467
b Gross sales price for all assets on line 6a 66,814,439
7 Capital gain net income (from Part IV, line 2)... 8,154,467
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
39,203,137 27,447,871  
12 Total. Add lines 1 through 11........ 53,037,746 41,282,480  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 760,000 237,500   522,500
14 Other employee salaries and wages...... 370,000 199,375   170,625
15 Pension plans, employee benefits....... 288,106 99,419   188,687
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
67,300 33,650   33,650
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
729,871 729,871   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
114,138 77,714   36,424
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,597,342 4,265,297   16,171
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,926,757 5,642,826   968,057
25 Contributions, gifts, grants paid....... 24,107,466 24,107,466
26 Total expenses and disbursements. Add lines 24 and 25 37,034,223 5,642,826   25,075,523
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 16,003,523
b Net investment income (if negative, enter -0-) 35,639,654
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............. 38,582 179,451 179,451
2 Savings and temporary cash investments......... 46,386,186 49,501,708 49,501,708
3 Accounts receivable right arrow8,729
Less: allowance for doubtful accounts right arrow   6,710 8,729 8,729
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)....... 72,420,460 Click to see attachment
List of Attached Documents:
// Content
75,630,857 		119,195,792
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).......... 59,928,546 Click to see attachment
List of Attached Documents:
// Content
69,491,598 		247,452,477
14 Land, buildings, and equipment: basis right arrow23,164
Less: accumulated depreciation (attach schedule) right arrow15,006 8,158 Click to see attachment
List of Attached Documents:
// Content
8,158 		8,158
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 178,788,642 194,820,501 416,346,315
Liabilities 17 Accounts payable and accrued expenses.......... 5,248 5,248
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) Click to see attachment
List of Attached Documents:
// Content
35,171 		Click to see attachment
List of Attached Documents:
// Content
77,218
23 Total liabilities (add lines 17 through 22)......... 40,419 82,466
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 178,748,223 194,738,035
29 Total net assets or fund balances (see instructions)..... 178,748,223 194,738,035
30 Total liabilities and net assets/fund balances (see instructions). 178,788,642 194,820,501
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
178,748,223
2
Enter amount from Part I, line 27a .....................
2
16,003,523
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
194,751,746
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
13,711
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
194,738,035
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 THROUGH PASSTHROUGH ENTITIES P   2024-12-31
b PUBLICLY TRADED SECURITIES P   2024-12-31
c CAPITAL GAINS DIVIDENDS P    
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 4,948,245     4,948,245
b 61,072,029   58,659,972 2,412,057
c 794,165     794,165
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       4,948,245
b       2,412,057
c       794,165
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 8,154,467
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) 1 495,391
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........................... 3 495,391
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- ..... 5 495,391
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 780,807
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 150,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 930,807
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 10 435,416
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow435,416 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowNONE
14
The books are in care ofright arrowDIAN GRAVES OWEN FOUNDATION Telephone no.right arrow (325) 677-1367

Located atright arrow400 NORTH PINE SUITE 1000ABILENETX ZIP+4right arrow79601
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? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowCJ
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)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
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
Yes
 
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
 
No
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
DIAN GRAVES OWEN STAI CHAIRMAN, TREASURER, DIR
0.00 		0 0 0
400 N PINE ST SUITE 1000
ABILENE,TX79601
TUCKER S BRIDWELL PRESIDENT, DIRECTOR
20.00 		475,000 34,500 0
400 N PINE ST SUITE 1000
ABILENE,TX79601
JANE V BEARD SECRETARY
40.00 		285,000 64,000 0
400 N PINE ST SUITE 1000
ABILENE,TX79601
DEBORAH O CARSON DIRECTOR
0.00 		0 0 0
400 N PINE ST SUITE 1000
ABILENE,TX79601
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
LAMAR H MOORE ADMINISTRATOR
20.00 		212,500 34,500 0
400 PINE ST 1000
ABILENE,TX79601
REBECCA L FELLOWS ADMINISTRATOR
20.00 		100,000 25,000 0
400 PINE ST 1000
ABILENE,TX79601
JENNIFER STRINGER ADMINISTRATOR
20.00 		57,500 14,375 0
400 PINE ST 1000
ABILENE,TX79601
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
113,313,347
b
Average of monthly cash balances.......................
1b
48,052,963
c
Fair market value of all other assets (see instructions)................
1c
247,460,633
d
Total (add lines 1a, b, and c).........................
1d
408,826,943
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
408,826,943
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
6,132,404
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
402,694,539
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
20,134,727
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
20,134,727
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
495,391
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
495,391
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
19,639,336
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
19,639,336
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
19,639,336
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
25,075,523
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
25,075,523
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 19,639,336
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...... 7,350,747
b From 2020...... 1,946,919
c From 2021...... 7,223,281
d From 2022...... 3,034,075
e From 2023...... 6,258,938
f Total of lines 3a through e ........ 25,813,960
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 25,075,523
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..... 19,639,336
e Remaining amount distributed out of corpus 5,436,187
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 31,250,147
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) ... 		7,350,747
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		23,899,400
10 Analysis of line 9:
a Excess from 2020.... 1,946,919
b Excess from 2021.... 7,223,281
c Excess from 2022.... 3,034,075
d Excess from 2023.... 6,258,938
e Excess from 2024.... 5,436,187
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).)
DIAN GRAVES OWEN STAI
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.
DIAN GRAVES OWEN STAI
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (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

12TH ARMORED DIVISION MEMORIAL MUSEUM

1289 NORTH 2ND STREET
ABILENE,TX79601 		    GENERAL SUPPORT 1,000

2535 WATER

PO BOX 20530
AMARILLO,TX79114 		    GENERAL SUPPORT 5,000

ABILENE ARTS ALLIANCE

1101 N 1ST STREET
ABILENE,TX79601 		    GENERAL SUPPORT 131,300

ABILENE BACK THE BADGE FOUNDATION

PO BOX 3553
ABILENE,TX79604 		    GENERAL SUPPORT 5,000

ABILENE BLACK CHAMBER OF COMMERCE

P O BOX 3572
ABILENE,TX79604 		    GENERAL SUPPORT 1,500

ABILENE CHAMBER OF COMMERCE FOUNDATION

400 PINE ST STE 500
ABILENE,TX79601 		    GENERAL SUPPORT 150,000

ABILENE CHRISTIAN SCHOOLS

2550 N JUDGE ELY BLVD
ABILENE,TX79601 		    GENERAL SUPPORT 2,455

ABILENE COOPER ATHLETIC BOOSTER CLUB

PO BOX 6182
ABILENE,TX79608 		    GENERAL SUPPORT 1,300

ABILENE EDUCATION FOUNDATION

PO BOX 1999
ABILENE,TX79604 		    GENERAL SUPPORT 5,000

ABILENE FLY FISHERS

PO BOX 6306
ABILENE,TX79608 		    GENERAL SUPPORT 2,500

ABILENE FREEDOM FESTIVAL

2180 MAPLE ST
ABILENE,TX79602 		    GENERAL SUPPORT 5,000

ABILENE HERITAGE SQUARE

400 PINE STREET STE 1000
ABILENE,TX79601 		    GENERAL SUPPORT 4,000,000

ABILENE HIGH SCHOOL BOOSTER CLUB

PO BOX 928
ABILENE,TX79604 		    GENERAL SUPPORT 10,000

ABILENE HOME AWAY FROM HOME

617 LONE STAR DR
ABILENE,TX79602 		    GENERAL SUPPORT 5,000

ABILENE HOPE HAVEN INC

1109 OAK STREET
ABILENE,TX79602 		    GENERAL SUPPORT 4,000

ABILENE IMPROVEMENT CORPORATION

174 CYPRESS ST STE 300
ABILENE,TX79601 		    GENERAL SUPPORT 513,302

ABILENE INDEPENDENT SCHOOL DISTRICT

PO BOX 981
ABILENE,TX79604 		    GENERAL SUPPORT 9,000

ABILENE INTERFAITH COUNCIL

PO BOX 272
ABILENE,TX79604 		    GENERAL SUPPORT 1,000

ABILENE PERFORMING ARTS COMPANY

1049 INDUSTRIAL BOULEVARD SUITE 200
ABILENE,TX79602 		    GENERAL SUPPORT 1,500

ABILENE PHILHARMONIC ASSOCIATION

402 CYPRESS ST STE 130
ABILENE,TX79601 		    GENERAL SUPPORT 164,610

ABILENE PHILHARMONIC GUILD

1102 NORTH 3RD SUITE C
ABILENE,TX79601 		    GENERAL SUPPORT 20,000

ABILENE PRESERVATION LEAGUE

PO BOX 3451
ABILENE,TX79604 		    GENERAL SUPPORT 2,500

ABILENE TENNIS ASSOCIATION

PO BOX 3624
ABILENE,TX79604 		    GENERAL SUPPORT 2,500

ABILENE WOMEN OF OUTSTANDING ACHIEVEMENT

PO BOX 1384
ABILENE,TX79604 		    GENERAL SUPPORT 2,500

ABILENE YOUTH SPORTS AUTHORITY

PO BOX 5649
ABILENE,TX79608 		    GENERAL SUPPORT 1,000,000

ABILENE ZOOLOGICAL SOCIETY

2070 ZOO LANE
ABILENE,TX79602 		    GENERAL SUPPORT 15,000

ABODE CONTEMPLATIVE CARE FOR THE DYING

PO BOX 47640
SAN ANTONIO,TX78284 		    GENERAL SUPPORT 25,000

ADMIRAL NIMITZ FOUNDATION

340 E MAIN
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 506,500

ALAMO SPRINGS VOLUNTEER FIRE DEPT

139 HOPE RD STE A
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 10,000

ALL KIND ANIMAL INITIATIVE

834 N 3RD SUITE B
ABILENE,TX79601 		    GENERAL SUPPORT 183,333

ALLIANCE FOR WOMEN AND CHILDREN

1350 NORTH 10TH STREET
ABILENE,TX79601 		    GENERAL SUPPORT 5,000

ALZHEIMER'S ASSOCIATION

301 S PIONEER SUITE 105
ABILENE,TX79605 		    GENERAL SUPPORT 15,000

AMARILLO AREA FOUNDATION

919 S POLK ST
AMARILLO,TX79101 		    GENERAL SUPPORT 10,000

AMERICAN PRIVATE RADIO

114 HIGHWAY 30 E
OXFORD,MS38655 		    GENERAL SUPPORT 100,000

AMERICAN SPECTATOR FOUNDATION

933 N KENMORE STREET SUITE 405
ARLINGTON,VA22201 		    GENERAL SUPPORT 10,000

ANSON JONES MEMORIAL MEDICAL FOUNDATION

402 CYPRESS ST 123
ABILENE,TX79601 		    GENERAL SUPPORT 8,000

ARS LYRICA HOUSTON

4807 SAN FELIPE STE 202
HOUSTON,TX77056 		    GENERAL SUPPORT 10,000

ATHLETES UNITED SOUTHERN METHODIST UNIVERSITY

5706 E MOCKINGBIRD LANE 115-415
DALLAS,TX75206 		    GENERAL SUPPORT 35,000

BASKETBALL SMILES

4525 SEALS LANE
ABILENE,TX79606 		    GENERAL SUPPORT 5,000

BEN RICHEY BOYS RANCH

PO BOX 6839
ABILENE,TX79608 		    GENERAL SUPPORT 7,000

BENJAMIN RUSH INSTITUTE

PO BOX 610-001
DFW AIRPORT,TX75261 		    GENERAL SUPPORT 5,000

BETHANY LUTHERAN CHURCH

110 W AUSTIN ST
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 100,000

BIENVENIDO

11003 QUAKER AVE
LUBBOCK,TX79424 		    GENERAL SUPPORT 100,000

BIG BROTHERS BIG SISTERS ABILENE

547 CHESTNUT ST
ABILENE,TX79602 		    GENERAL SUPPORT 50,000

BIG COUNTRY AIR POWER INC

10527 FM 600
ABILENE,TX79601 		    GENERAL SUPPORT 10,000

BIG COUNTRY ATHLETIC HALL OF FAME

25 GLEN ABBEY
ABILENE,TX79606 		    GENERAL SUPPORT 253,000

BLAIR HOUSE FOUNDATION

PO BOX 27208
WASHINGTON,DC20038 		    GENERAL SUPPORT 50,000

BOY SCOUTS OF AMERICA

1325 W WALNUT HILL LANE
IRVING,TX75038 		    GENERAL SUPPORT 99,408

BOY SCOUTS OF AMERICA CAPITOL AREA

12500 N IH 35
AUSTIN,TX78753 		    GENERAL SUPPORT 10,000

BOY SCOUTS OF AMERICA TEXAS TRAILS COUNCIL

3811 N 1ST STREET
ABILENE,TX79601 		    GENERAL SUPPORT 5,000

BOYS & GIRLS CLUB OF THE TEXAS HILL CO

PO BOX 2307
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 30,000

BROOKWOOD IN GEORGETOWN

905 N CHURCH ST
GEORGETOWN,TX78626 		    GENERAL SUPPORT 5,000

CALLAHAN COUNTY AGING SERVICES

100 WEST 4TH SUITE 302
BAIRD,TX79504 		    GENERAL SUPPORT 10,000

CANCER SERVICES NETWORK

PO BOX 2026
ABILENE,TX79604 		    GENERAL SUPPORT 10,000

CAPITAL RESEARCH CENTER

1513 16TH ST NW
WASHINGTON,DC20077 		    GENERAL SUPPORT 50,000

CENTER FOR CONTEMPORARY ARTS

220 CYPRESS
ABILENE,TX79601 		    GENERAL SUPPORT 40,000

CHORUS ABILENE

PO BOX 3358
ABILENE,TX79604 		    GENERAL SUPPORT 10,000

CHRIST LUTHERAN CHURCH

1419 CHERRY SPRINGS RD
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 13,000

CHRISTIAN HOMES AND FAMILY SERVICES

1202 ESTATES DR
ABILENE,TX79602 		    GENERAL SUPPORT 30,000

CHRISTIAN SERVICE CENTER

3185 N 10TH STREET
ABILENE,TX79603 		    GENERAL SUPPORT 40,000

CHURCH OF THE HEAVENLY REST

602 MEANDER STREET
ABILENE,TX79602 		    GENERAL SUPPORT 22,500

COMMUNITY FOUNDATION OF ABILENE

PO BOX 1001
ABILENE,TX79604 		    GENERAL SUPPORT 2,516,400

COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA

4 VANDERBILT PARK DR 300
ASHEVILLE,NC28803 		    GENERAL SUPPORT 50,000

COMMUNITY FOUNDATION TEXAS HILL COUNTRY

241 EARL GARRETT ST
KERRVILLE,TX78028 		    GENERAL SUPPORT 50,000

COMPASS SCHOOL OF TEXAS

5414 W NORTHWEST HWY
DALLAS,TX75220 		    GENERAL SUPPORT 150,000

COOK CHILDREN'S HEALTH FOUNDATION

801 7TH AVE
FORT WORTH,TX76104 		    GENERAL SUPPORT 150,000

CYSTIC FIBROSIS FOUNDATION

4265 SAN FELIPE ST STE1100
HOUSTON,TX77027 		    GENERAL SUPPORT 5,000

DAVID HOROWITZ FREEDOM CENTER

PO BOX 55089
SHERMAN OAKS,CA91499 		    GENERAL SUPPORT 10,000

DAY NURSERY OF ABILENE

650 CEDAR STREET
ABILENE,TX79601 		    GENERAL SUPPORT 6,500

DISABILITY RESOURCES

3602 N CLACK ST
ABILENE,TX79601 		    GENERAL SUPPORT 7,500

DISCIPLESHIP NETWORK OF AMERICA

100 DOWNERS GROVE
SIGNAL MOUNTAIN,TN37377 		    GENERAL SUPPORT 400,000

DO NO HARM

11357 NUCKOLS RD PMB 115
GLEN ALLEN,VA23059 		    GENERAL SUPPORT 200,000

DOSS VOLUNTEER FIRE DEPARTMENT

14500 N RANCH RD 783
DOSS,TX78618 		    GENERAL SUPPORT 15,000

DYESS WE CARE TEAM

709 ORANGE STREET
ABILENE,TX79601 		    GENERAL SUPPORT 30,000

ENCOUNTER FOR CULTURE AND EDUCATION

900 BROADWAY STE 601
NEW YORK NY,NY10003 		    GENERAL SUPPORT 25,000

EULA FFA LIVESTOCK ASSOCIATION

6040 FM 603
CLYDE,TX79510 		    GENERAL SUPPORT 1,000

EXPO CENTER OF TAYLOR COUNTY

1700 EAST HWY 36
ABILENE,TX79602 		    GENERAL SUPPORT 10,250

FAITHWORKS OF ABILENE

1229 N MOCKINGBIRD
ABILENE,TX79603 		    GENERAL SUPPORT 500

FELLOWSHIP OF CHRISTIAN ATHLETES

PO BOX 6605
ABILENE,TX79608 		    GENERAL SUPPORT 87,000

FIRST BAPTIST CHURCH OF WINTERS

104 W TRUETT ST
WINTERS,TX79567 		    GENERAL SUPPORT 1,600

FISHERS CONSULTATION AND DESIGN INC

PO BOX 3781
ABILENE,TX79604 		    GENERAL SUPPORT 50,000

FOOD BANK OF ABILENE

5505 N 1ST ST
ABILENE,TX79603 		    GENERAL SUPPORT 266,666

FORT CHADBOURNE FOUNDATION

651 FORT CHADBOURNE
BRONTE,TX76933 		    GENERAL SUPPORT 5,000

FORT GRIFFIN FANDANGLE ASSOCIATION

1490 FM 1084
ALBANY,TX76430 		    GENERAL SUPPORT 50,000

FOUNDATION FOR CULTURAL REVIEW

900 BROADWAY STE 602
NEW YORK,NY10003 		    GENERAL SUPPORT 40,000

FOUNDATION FOR ECONOMIC EDUCATION

30 S BROADWAY
IRVINGTON,NY10533 		    GENERAL SUPPORT 25,000

FREDERICKSBURG CHORALE

PO BOX 2724
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 10,000

FREDERICKSBURG ISD EDUCATION FOUNDATION

234 FRIENDSHIP LN
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 50,000

FREDERICKSBURG MUSIC CLUB

PO BOX 1214
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 25,000

FREDERICKSBURG PARKS FOUNDATION

PO BOX 3066
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 10,000

FREDERICKSBURG TENNIS CENTER FOUNDATION

5914 W COURTYARD DR STE 320
AUSTIN,TX78730 		    GENERAL SUPPORT 625,000

FREDERICKSBURG THEATER COMPANY

1668 S US HIGHWAY 87
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 375,000

FREDERICKSBURG VOLUNTEER FIRE DEPT

126 W MAIN STREET
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 27,000

FRIENDS OF FREDERICKSBURG NATURE CENTER

PO BOX 2082
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 250,000

FRIENDS OF THE GAP

PO BOX 665
BUFFALO GAP,TX79508 		    GENERAL SUPPORT 75,000

FRONTIER TEXAS

625 NORTH FIRST STREET
ABILENE,TX79601 		    GENERAL SUPPORT 315,000

FUND FOR AMERICAN STUDIES

1706 NEW HAMPSHIRE AVENUE NW
WASHINGTON,DC20009 		    GENERAL SUPPORT 50,000

GILLESPIE COUNTY COMMITTEE ON AGING

1009 N LINCOLN STREET
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 20,000

GILLESPIE COUNTY HISTORICAL SOCIETY INC

325 W MAIN
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 40,000

GILLESPIE COUNTY YOUTH LIVESTOCK SHOW

1016 AVENUE C
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 5,000

GLOBAL SAMARITAN RESOURCES

2074 N 1ST ST
ABILENE,TX79603 		    GENERAL SUPPORT 2,500

GOOD SAMARITAN CENTER

140 INDUSTRIAL LOOP STE100
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 77,500

GOODWILL INDUSTRIES OF DALLAS

3020 N WESTMORELAND ROAD
DALLAS,TX75212 		    GENERAL SUPPORT 50,000

GREATER AMARILLO YOUNG LIFE

3001 WOLFLIN
AMARILLO,TX79109 		    GENERAL SUPPORT 20,000

GROVER NELSON PARK ZOOLOGICAL FOUNDATION

733 BUTTERNUT ST
ABILENE,TX79602 		    GENERAL SUPPORT 1,000,000

HARDIN SIMMONS UNIVERSITY

HSU BOX 16000
ABILENE,TX79698 		    GENERAL SUPPORT 333,333

HARMONY FAMILY SERVICES

305 GRAPE STREET
ABILENE,TX79601 		    GENERAL SUPPORT 1,000

HARPER VOLUNTEER FIRE DEPT

PO BOX 306
HARPER,TX78631 		    GENERAL SUPPORT 15,000

HILL COUNTRY UNIVERSITY CENTER

2818 EAST US HWY 290
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 10,000

HILL COUNTRY CASA

PO BOX 290965
KERRVILLE,TX78029 		    GENERAL SUPPORT 5,000

HILL COUNTRY COMMUNITY NEEDS COUNCIL

1904 N LLANO
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 101,500

HILL COUNTRY SPCA

2981 S STATE HW 16
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 1,000

HILLSDALE COLLEGE

33 E COLLEGE ST
HILLSDALE,MI49242 		    GENERAL SUPPORT 25,000

HISTORIC CANE HILL INC

14065 COLLEGE ROAD
LINCOLN,AR72744 		    GENERAL SUPPORT 25,000

HISTORIC PARAMOUNT THEATRE OF ABILENE INC

PO BOX 1818 352 CYPRESS STREET
ABILENE,TX79604 		    GENERAL SUPPORT 400

HOLY GHOST LUTHERAN CHURCH

109 E SAN ANTONIO ST
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 1,500

HOUSES FOR HEALING

PO BOX 2320
ABILENE,TX79604 		    GENERAL SUPPORT 50,000

HOUSTON GRAND OPERA

510 PRESTON ST STE 500
HOUSTON,TX77002 		    GENERAL SUPPORT 1,175,000

HUMANITIES TEXAS

1410 RIO GRANDE ST
AUSTIN,TX78701 		    GENERAL SUPPORT 125,000

INTERCOLLEGIATE STUDIES INSTITUTE

3901 CENTERVILLE ROAD
WILMINGTON,DE19807 		    GENERAL SUPPORT 100,000

JIM NED EDUCATION FOUNDATION

441 GRAHAM ST
TUSCOLA,TX79562 		    GENERAL SUPPORT 10,000

JOSEPH THOMAS FOUNDATION

238 SUGAR BISCUIT LANE
ABILENE,TX79602 		    GENERAL SUPPORT 40,000

JUDICIAL WATCH

425 THIRD ST STE 800
WASHINGTON,DC20024 		    GENERAL SUPPORT 25,000

JUNIOR ACHIEVEMENT OF ABILENE

301 CYPRESS ST SUITE 310
ABILENE,TX79601 		    GENERAL SUPPORT 26,000

JUNIOR LEAGUE OF ABILENE

774 BUTTERNUT
ABILENE,TX79602 		    GENERAL SUPPORT 4,000

JUST FACTS

3600 FM 1488 RD SUITE 120 248
CONROE,TX77384 		    GENERAL SUPPORT 10,000

KENDALL COUNTY EMS - MEMORIAL FUND

201 EAST SAN ANTONIO AVE
BOERNE,TX78006 		    GENERAL SUPPORT 500

KIWANIS CLUB OF GREATER ABILENE

473 CYPRESS ST 107
ABILENE,TX79601 		    GENERAL SUPPORT 6,500

LAURA W BUSH INSTITUTE FOR WOMEN'S HEALTH

1650 PINE ST
ABILENE,TX79601 		    GENERAL SUPPORT 25,000

LEGACY FOUNDATION

9900 SPECTRUM DR
AUSTIN,TX78717 		    GENERAL SUPPORT 5,000

MARCH OF DIMES

402 CYPRESS STREET SUITE 806
ABILENE,TX79601 		    GENERAL SUPPORT 5,000

MARINE CORPS SCHOLARSHIP FOUNDATION

909 N WASHINGTON STREET STE 400
ALEXANDRIA,VA22314 		    GENERAL SUPPORT 5,000

MASON VOLUNTEER FIRE DEPT

PO BOX 1337
MASON,TX76856 		    GENERAL SUPPORT 15,000

MCMURRY UNIVERSITY

MCMURRY STATION BOX 98
ABILENE,TX79697 		    GENERAL SUPPORT 2,003,500

MEALS ON WHEELS

PO BOX 903
ABILENE,TX79604 		    GENERAL SUPPORT 207,500

MEDIA RESEARCH CENTER

325 S PATRICK ST
ALEXANDRIA,VA22314 		    GENERAL SUPPORT 100,000

MERKEL FFA

2000 S 7TH ST
MERKEL,TX79536 		    GENERAL SUPPORT 5,000

MERKEL LIVESTOCK ASSOCIATION

2000 S 7TH ST
MERKEL,TX79536 		    GENERAL SUPPORT 1,000

METHODIST HEALTH SYSTEM FOUNDATION

1441 N BUCKLEY
DALLAS,TX75203 		    GENERAL SUPPORT 25,000

MISSION 2540

1600 NORTH SONCY ROAD
AMARILLO,TX79124 		    GENERAL SUPPORT 10,000

MOUNTBATTEN HOUSE

213 MAPLE ST
HIGHLANDS,TX77562 		    GENERAL SUPPORT 1,500

MOVING PICTURE INSTITUTE

375 GREENWICH STREET
NEW YORK,NY10013 		    GENERAL SUPPORT 50,000

MUSEUM OF THE WEST TEXAS FRONTIER

113 S WETHERBEE ST
STAMFORD,TX79553 		    GENERAL SUPPORT 8,000

NARROW GATE FOUNDATION

PO BOX 267
DUCK RIVER,TN38454 		    GENERAL SUPPORT 10,000

NATIONAL ASSOCIATION OF SCHOLARS

420 MADISON AVE 7TH FLOOR
NEW YORK,NY10017 		    GENERAL SUPPORT 30,000

NATIONAL CENTER FOR CHILDREN'S ILLUSTRATED LITERATURE

PO BOX 2201
ABILENE,TX79604 		    GENERAL SUPPORT 40,000

NETWORK OF ENLIGHTENED WOMEN

1360 E CAPITOL ST NW
WASHINGTON,DC20003 		    GENERAL SUPPORT 60,000

OLD JAIL ART CENTER

201 S 2ND ST
ALBANY,TX76430 		    GENERAL SUPPORT 15,000

PARENTS TELEVISION COUNCIL

PO BOX 4210
BURBANK,TX91503 		    GENERAL SUPPORT 20,000

PHILANTHROPY ROUNDTABLE

1120 20TH STREET NW SUITE 400N
WASHINGTON,DC20036 		    GENERAL SUPPORT 30,000

POSITIVE COACHING ALLIANCE

2425 WEST LOOP S STE 865
HOUSTON,TX77027 		    GENERAL SUPPORT 25,000

PRAGER UNIVERSITY FOUNDATION

15021 VENTURA BLVD 552
SHERMAN OAKS,CA91403 		    GENERAL SUPPORT 150,000

PREGNANCY RESOURCES OF ABILENE

2110 N WILLIS
ABILENE,TX79603 		    GENERAL SUPPORT 25,000

PRESBYTERIAN MEDICAL CARE MISSION

1857 PINE ST
ABILENE,TX79601 		    GENERAL SUPPORT 5,000

REALCLEAR FOUNDATION

666 DUNDEE RD BLDG 600
CHICAGO,IL60646 		    GENERAL SUPPORT 50,000

REGIONAL VICTIM CRISIS CENTER

310 N WILLIS ST
ABILENE,TX79603 		    GENERAL SUPPORT 300,000

RESCUE THE ANIMALS

4620 N FIRST ST
ABILENE,TX79603 		    GENERAL SUPPORT 17,500

ROTARY CLUB OF ABILENE

PO BOX 5421
ABILENE,TX79604 		    GENERAL SUPPORT 3,000

SAN ANTONIO LIFE ACADEMY

722 ROBINHOOD PLACE
SAN ANTONIO,TX78209 		    GENERAL SUPPORT 10,000

SAMARITAN'S PURSE

PO BOX 3000
BOONE,NC28607 		    GENERAL SUPPORT 25,000

SCALA FOUNDATION

PO BOX 296
PRINCETON,NJ08542 		    GENERAL SUPPORT 24,000

SOUTHERN METHODIST UNIVERSITY

PO BOX 750402
DALLAS,TX75275 		    GENERAL SUPPORT 25,000

SPECIAL OLYMPICS TEXAS

4732 WHIRLWIND DR
SAN ANTONIO,TX78217 		    GENERAL SUPPORT 15,000

ST MARK'S EPISCOPAL CHURCH

3150 VOGEL AVENUE
ABILENE,TX79603 		    GENERAL SUPPORT 15,000

ST MARY'S SCHOOL

202 S ORANGE
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 25,000

ST PETER'S LUTHERAN CHURCH

1915 S AUSTIN AVE STE 108
FREDERICKSBURG,TX78624 		    GENERAL SUPPORT 5,000

STAND TOGETHER INC

1320 N COURTHOUSE RD
ARLINGTON,VA22201 		    GENERAL SUPPORT 200,000

STONE OWL INSTITUTE

102 CYPRESS
ABILENE,TX79601 		    GENERAL SUPPORT 75,000

STONEWALL VOLUNTEER FIRE DEPT

PO BOX 224
STONEWALL,TX78671 		    GENERAL SUPPORT 15,000

TAYLOR COUNTY HISTORY CENTER

133 N WILLIAM STREET
BUFFALO GAP,TX79508 		    GENERAL SUPPORT 20,000

TEXAS BUSINESS HALL OF FAME FOUNDATION

4550 POST OAK PLACE STE 342
HOUSTON,TX77027 		    GENERAL SUPPORT 50,000

TEXAS FAMILY INSTITUTE

100 CHESTNUT STE 101
ABILENE,TX79602 		    GENERAL SUPPORT 1,000

TEXAS RAMP PROJECT

PO BOX 832065
RICHARDSON,TX75083 		    GENERAL SUPPORT 15,000

TEXAS RURAL HEALTH ASSOCIATION

3702 LOOP 322
ABILENE,TX79602 		    GENERAL SUPPORT 15,000

TEXAS STATE HISTORY MUSEUM FOUNDATION

PO BOX 12456
AUSTIN,TX78711 		    GENERAL SUPPORT 10,000

TEXAS STATE TECHNICAL COLLEGE FOUNDATION

3801 CAMPUS DRIVE
WACO,TX76705 		    GENERAL SUPPORT 200,000

TEXAS TECH ALUMNI ASSOCIATION

PO BOX 45001
LUBBOCK,TX79409 		    GENERAL SUPPORT 5,000

TEXAS TECH FOUNDATION INC

1508 KNOXVILLE AVE STE 208
LUBBOCK,TX79409 		    GENERAL SUPPORT 125,000

THE EPOCH TIMES ASSOCIATION

229 W 28TH ST FLOOR 7
NEW YORK,NY10001 		    GENERAL SUPPORT 25,000

THE FEDERALISTS SOCIETY FOR LAW AND PUBLIC POLICY STUDIES

1776 I STREET NW STE 300
WASHINGTON,DC20006 		    GENERAL SUPPORT 5,000

THE FORT GRIFFIN FANDANGLE

PO BOX 2017
ALBANY,NY76430 		    GENERAL SUPPORT 5,000

THE GLOBAL ORPHAN PROJECT

3161 WYANDOTTE ST
KANSAS CITY,MO64111 		    GENERAL SUPPORT 75,000

THE GRACE MUSEUM

102 CYPRESS ST
ABILENE,TX79601 		    GENERAL SUPPORT 100,000

THE LEADERSHIP INSTITUTE

1101 NORTH HIGHLAND STREET
ARLINGTON,TX22201 		    GENERAL SUPPORT 340,000

THE SALVATION ARMY OF ABILENE

1726 BUTTERNUT ST
ABILENE,TX79602 		    GENERAL SUPPORT 50,000

THE UPSIDE DOWN CLUB OF ABILENE INC

1734 LYTLE SHORES DR
ABILENE,TX79602 		    GENERAL SUPPORT 2,000

TIERRA LINDA VOLUNTEER FIRE DEPT

406 OAK ALLEY
KERRVILLE,TX78028 		    GENERAL SUPPORT 15,000

TLR FOUNDATION

1701 BRUN ST
HOUSTON,TX77019 		    GENERAL SUPPORT 200,000

TSTC FOUNDATION

3801 CAMPUS DR
WACO,TX76705 		    GENERAL SUPPORT 90,000

TUNNEL TO TOWERS FOUNDATION

2361 HYLAN BOULEVARD
STATEN ISLAND,NY10306 		    GENERAL SUPPORT 500

TURNING POINT USA

4940 EAST BEVERLY ROAD
PHOENIX,AZ85044 		    GENERAL SUPPORT 300,000

UNITED WAY OF ABILENE

PO BOX 82
ABILENE,TX79604 		    GENERAL SUPPORT 199,109

VETERANS ASSISTANCE FUND

PO BOX 12277
AUSTIN,TX78711 		    GENERAL SUPPORT 2,000

VIEW VOLUNTEER FIRE DEPARTMENT

108 GRAND
ABILENE,TX79606 		    GENERAL SUPPORT 1,000

WEST TEXAS REHAB CENTER

4601 HARTFORD ST
ABILENE,TX79605 		    GENERAL SUPPORT 1,255,500

WEST TEXAS TRIBUNE

3300 S 14TH SUITE 100
ABILENE,TX79605 		    GENERAL SUPPORT 10,000

WILLOW CITY VOLUNTEER FIRE DEPARTMENT

2553 RANCH ROAD 1323
WILLOW CITY,TX78675 		    GENERAL SUPPORT 30,000

WREATHS ACROSS AMERICA

PO BOX 249
COLUMBIA FALLS,ME04623 		    GENERAL SUPPORT 500

WYLIE BULLDOGS EDUCATION FOUNDATION

6249 BUFFALO GAP ROAD
ABILENE,TX79606 		    GENERAL SUPPORT 10,000

YMCA OF ABILENE

3125 S 32ND ST
ABILENE,TX79605 		    GENERAL SUPPORT 6,000

YOUNG LIFE ABILENE

1250 PETROLEUM DR STE B
ABILENE,TX79602 		    GENERAL SUPPORT 40,000

YOUNG LIFE MILITARY

PO BOX 5186
BOONE,IA50950 		    GENERAL SUPPORT 20,000
Total .................................right arrow 3a 24,107,466
bApproved for future payment
Total ................................. right arrow 3b 0
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 ........... 		    14 1,749,786  
4 Dividends and interest from securities ....     14 3,930,356  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property..... 531110 -297,557 14 -63,860  
6 Net rental income or (loss) from personal property          
7 Other investment income ..... 211100 9,787,876 14 29,415,261  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 8,154,467  
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) .. 9,490,319 43,186,010 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
52,676,329
(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

TY 2024 AccountingFeesSchedule
Name:
DIAN GRAVES OWEN FOUNDATION
EIN:
75-2682536
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX RETURN & AUDITING FEES 67,300 33,650   33,650

TY 2024 InvestmentsCorpStockSchedule
Name:
DIAN GRAVES OWEN FOUNDATION
EIN:
75-2682536
Name of Stock End of Year Book Value End of Year Fair Market Value
AERCAP HOLDINGS NV 922,105 1,570,341
AESSF III PRIVATE INVESTORS 71,025 346,822
AFLAC INC 264,686 364,936
ALEXANDRIA REAL ESTATE EQUIT 423,460 331,963
ALPHABET INC 356,181 577,744
AMAZON.COM INC 976,767 1,751,390
AMERICAN ELECTRIC POWER CO INC 505,605 587,136
AMERICAN TOWER CORP 248,638 242,285
AMGEN INCORPORATED 381,428 501,211
AMN HEALTHCARE SERVICES INC 1,080,459 448,261
AMPHENOL CORP 261,086 414,478
APPLE COMPUTER,INC. 460,300 1,064,035
APPLE INC 254,211 348,835
APPLIED MATERIALS 252,393 278,748
ARTISAN INTL SM MID FD 1,417,375 1,580,737
BANK OF AMERICA CORP 423,619 645,845
BERKSHIRE HATHAWAY 228,428 553,908
BLACKROCK EMERGING 1,520,999 1,620,321
BLACKROCK INC 261,872 384,416
BLACKROCK INC 265,557 454,124
BLACKSTONE GROUP INC 302,205 1,104,350
BROADCOM INC COM 191,788 1,418,165
BROADCOM INC COM 262,065 700,157
CAMDEN PROPERTY TRUST 172,840 183,691
CARDINAL HEALTH INC 1,681,724 4,612,530
CATERPILLAR INC 255,092 335,916
CAUSEWAY INTERNATIONAL V 2,779,592 4,377,700
CHEVRON CORPORATION 408,588 501,436
CHEVRON CORPORATION 494,869 664,526
CISCO SYSTEMS 344,804 535,523
CITIGROUP 577,610 621,262
CITIGROUP 470,216 670,887
COCA-COLA CO 311,434 413,157
COMCAST CORP 249,701 217,899
COMCAST CORP 370,334 318,817
CONOCOPHILLIPS 2,191,758 9,766,262
CONOCOPHILLIPS 292,390 532,741
COSTCO WHOLESALE CO 265,508 442,558
DANAHER CORP 1,025,414 1,138,109
DANONE 434,946 446,741
DOLLAR GEN CORP 521,996 507,084
EATON CORP PLC 155,303 634,867
ENTEGRIS INC 614,468 724,327
EOG RESOURCES INC 250,024 227,508
FAIRFAX 93,410 463,337
FEDEX CORP 220,153 354,194
FERGUSON PLC 656,220 862,816
FIRST FINANCIAL BANKSHARES INC 4,382,538 9,975,323
GENERAL MOTORS CO 365,301 653,250
GIF IV PRIVATE INVESTORS OFFSHORE LP 46,680 21,469
GITLAB INC 630,012 663,521
GOLDMAN SACHS 1,312,361 1,313,049
GOLDMAN SACHS 1,713,640 1,782,888
HERSHEY CO 228,770 228,453
HOME DEPOT INC 225,129 424,777
HONEYWELL INTERNATIONAL INC 343,025 529,260
INTUIT INC 288,033 265,227
INTUIT INC 617,772 897,498
INVITATION HOMES INC 229,672 227,243
IQVIA HOLDINGS INC 601,341 618,024
JOHNSON & JOHNSON INC 590,561 619,407
JOHNSON & JOHNSON 390,376 417,952
JP MORGAN CHASE & CO 274,136 433,635
JPMORGAN CHASE & CO 681,478 1,676,052
JPMORGAN CHASE & CO 155,490 399,357
KLA CORP 254,563 323,252
LAM RESEACH CORP 256,365 270,863
LENNAR CORP 273,690 312,287
LENNAR CORP 243,268 385,654
LIBERTY GLOBAL INC 522,134 495,647
LOCKHEED MARTIN CORP 404,174 527,731
LOWES COMPANIES CORP 256,947 281,599
MAGNA INTL INC 658,680 599,436
MAIN STREET CAPITAL CORP 2,995,516 10,555,849
MARATHON PETE CORP 253,783 249,287
MARTIN MARIETTA MATERIALS INC 270,634 261,349
MARTIN MARIETTA MATERIALS INC 469,063 701,924
MCDONALDS CORP 246,495 269,598
MCDONALDS CORP 492,430 704,723
MEDTRONIC PLC 417,799 363,774
MERCK & CO INC 456,005 703,722
MERCK & CO INC 261,669 241,239
META PLATFORMS INC 745,153 1,082,608
MICROSOFT CORP 970,381 1,445,745
MICROSOFT CORP 199,880 496,106
MICROSOFT CORP 258,667 333,407
MICROSOFT CORP 551,989 1,310,865
MONDELEZ INTL INC 357,618 439,374
NEXTERA ENERGY CORP 337,956 347,840
NISOURCE INC 268,894 370,173
NOVARTIS AG 172,842 207,368
NUCOR CORP 236,693 188,370
NVIDIA CORP 790,426 1,297,241
OLD DOMINION FREIGHT 254,143 212,033
PALO ALTO NETWORKS INC 722,440 999,324
PARKER-HANNIFIN CORP 260,375 403,879
PEG DIGITAL GROWTH FUND SPECIAL II 789,323 74,745
PEPSICO INC 348,173 440,366
POWER CORP CANADA 433,363 650,514
PROCTER & GAMBLE CO 225,739 240,913
SALES FORCE INC 923,674 1,086,573
SCHLUMBERGER NV 231,016 203,892
SELECT SECTOR UTI SELECT 663,072 616,419
SELECT STR FINANCIAL 3,627,642 3,582,800
SHERWIN WILLIAMS CO 481,981 688,358
SPDR FUND CONSUMER 2,720,960 2,882,898
STARBUCKS CORP 222,586 283,423
STRYKER CORP 311,730 335,927
T MOBILE INC 724,137 1,136,318
TAIWAN SEMICONDUCTOR MFG 950,793 1,362,484
TALEN ENERGY CORPORATION 974,744 1,770,317
THE CIGNA GROUP 268,902 259,848
THOR INDUSTRIES 297,072 358,625
UNION PACIFIC CORP 162,101 181,064
VANGUARD FTSE EMERGING 1,486,850 1,716,459
VEEVA SYSTEMS INC 763,360 851,513
VISA INC 259,037 338,479
VODAFONE 876,294 453,799
WALMART INC 139,357 277,013
WCM FOCUSED INTL GROWTH 3,023,714 3,910,742
WILLIAMS COS INC 361,396 895,037
ZOETIS INC 256,208 224,518

TY 2024 InvestmentsOtherSchedule2
Name:
DIAN GRAVES OWEN FOUNDATION
EIN:
75-2682536
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ABILENE ENCAP ETF I, LP AT COST 1,637,378 1,361,554
ELLIOTT INT""L LIMITED-HEDGE FD AT COST 12,544,009 12,748,333
FREESTONE METAL PARTNERS AT COST 57,205 176,554
FREESTONE PARTNERS II AT COST 53,611 0
HOG PARTNERSHIP AT COST 705,575 1,304,964
MANSEFELDT ANCOR PARTNERS AT COST 1,803,602 7,599,830
MANSEFELDT CLEARINGHOUSE PARTNERS AT COST 1,263 0
MANSEFELDT ENERGY PARTNERS I AT COST 864,901 141,000,000
MANSEFELDT EV FUND XII PARTNERS AT COST 212,563 0
MANSEFELDT FLATROCK MIDSTREAM II AT COST 74,870 422,347
MANSEFELDT FLATROCK MIDSTREAM III AT COST 636,257 2,010,568
MANSEFELDT FLATROCK MIDSTREAM IV AT COST 1,210,990 4,108,174
MANSEFELDT FRASER MCCOMBS VENTURES AT COST 332,887 0
MANSEFELDT FUND IX PARTNERS AT COST 1,725,737 2,837,029
MANSEFELDT FUND VIII PARTNERS AT COST 1,761,548 3,552,562
MANSEFELDT FUND VIII PARTNERS CO INVEST AT COST 3,430,157 6,593,906
MANSEFELDT FUND X PARTNERS AT COST 4,419,222 8,280,713
MANSEFELDT FUND XI PARTNERS AT COST 4,248,678 8,816,923
MANSEFELDT FUND XII PARTNERS AT COST 3,370,607 4,425,391
MANSEFELDT GRAYROCK PARTNERS AT COST 433,357 2,478,490
MANSEFELDT MIDSTREAM PARTNERS AT COST 860 0
MANSEFELDT PBC III PARTNERS AT COST 6,872 0
MANSEFELDT PBC IV PARTNERS AT COST 772,706 712,644
MANSEFELDT PBC V PARTNERS AT COST 1,578,713 2,129,856
MANSEFELDT PBC VI PARTNERS AT COST 686,034 671,154
MANSEFELDT SILVER HILL III AT COST 3,373,640 4,260,062
MANSEFELDT SILVER HILL IV AT COST 719,001 858,507
MANSEFELDT SLR PARTNERS AT COST 494,635 508,356
MANSEFELDT TC MANAGEMENT AT COST 102,773 405,166
MANSEFELDT TCWA PRIVATE INV AT COST 2,351,078 2,054,565
MANSEFELDT TRAILHEAD PRTNRS AT COST 870,279 1,301,355
MANSEFELDT TW MIDSTREAM AT COST 46,101 1,164,579
MANSEFELDT TW MIDSTREAM III AT COST 404,507 3,371,076
MANSEFELDT VERDE AT COST 15,207 20,000
NEXLUBE OPERATING LLC AT COST 826,614 826,614
TCWFOC VERITON FUND AT COST 4,000,000 4,616,962
TELIS CO-GP OPPORTUNITY FUND AT COST 0 885,232
VALUE HOLDINGS LP AT COST 13,718,161 15,949,011

TY 2024 LandEtcSchedule2
Name:
DIAN GRAVES OWEN FOUNDATION
EIN:
75-2682536
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COMPUTER EQUIPMENT 7,500 7,500 0 0
SOFTWARE 2,150 2,150 0 0
SOFTWARE 1,534 1,534 0 0
SOFTWARE 1,596 1,596 0 0
FURNITURE 5,192 1,113 4,079 4,079
FURNITURE - INVESTMENT 5,192 1,113 4,079 4,079


TY 2024 OtherDecreasesSchedule
Name:
DIAN GRAVES OWEN FOUNDATION
EIN:
75-2682536
Description Amount
PRIOR PERIOD BASIS ADJUSTMENT 13,711


TY 2024 OtherExpensesSchedule
Name:
DIAN GRAVES OWEN FOUNDATION
EIN:
75-2682536
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAXES 860,000 0   0
OFFICE & ADMINISTRATIVE EXPENSE 28,817 12,646   16,171
OIL & GAS ROY.DEDS FROM PASSTHROUGH 3,040,289 3,040,289   0
OIL & GAS IDC DEDUCTIONS FROM PASSTHROUGH 3,859,250 0   0
OIL & GAS COST DEPLETION INVESTMENT DEDUCTIONS FROM PASSTHROUGH 1,569,672 380,498   0
PORTFOLIO DEDUCTS FROM PASSTHROUGH 115,545 115,545   0
OTHER DEDUCTIONS FROM PASSTHROUGH 743,623 652,072   0
NON-DEDUCTIBLE EXP FROM PASSTHROUGH 18,342 0   0
INVESTMENT EXPENSE 387 387   0
PASSTHROUGH RENTAL LOSS 297,557 0   0
INVESTMENT RENTAL LOSS 63,860 63,860   0


TY 2024 OtherIncomeSchedule2
Name:
DIAN GRAVES OWEN FOUNDATION
EIN:
75-2682536
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER GAINS FROM PASSTHROUGH -43 -41 -43
OTHER PORTFOLIO INC FROM PASSTHROGH 131,000 131,000 131,000
NON TAX DIVIDEND DIST 23,298 0 23,298
ORDINARY INCOME FROM PASSTHROUGH 9,787,919 0 9,787,919
ORDINARY INCOME FROM PASSTHROUGH 0 35,023 0
OIL & GAS ROY.INC.FROM PARTNERSHIPS 26,885,521 26,885,521 26,885,521
OTHER INCOME FROM PASSTHROUGH 1,964,620 0 1,964,620
TAX EXEMPT INCOME FROM PASSTHROUGHS 14,454 0 14,454
OTHER INCOME FROM PASSTHROUGH 396,368 396,368 396,368


TY 2024 OtherLiabilitiesSchedule
Name:
DIAN GRAVES OWEN FOUNDATION
EIN:
75-2682536
Description Beginning of Year - Book Value End of Year - Book Value
MANSEFELDT PBC VI PARTNERS 34,683 34,683
MANSEFELDT ENJOYTECH PARTNERS 488 488
TELLIS CO-GP OPPORTUNITY FUND 0 42,047


TY 2024 OtherProfessionalFeesSchedule
Name:
DIAN GRAVES OWEN FOUNDATION
EIN:
75-2682536
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 729,871 729,871   0


TY 2024 TaxesSchedule
Name:
DIAN GRAVES OWEN FOUNDATION
EIN:
75-2682536
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 54,169 54,169   0
PAYROLL TAX EXPENSE 59,969 23,545   36,424