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
Tres Grace Family Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)200 Concord Plaza 240
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
San Antonio, TX78216
A Employer identification number

84-2615544
B Telephone number (see instructions)

(210) 987-3655
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$126,519,317J 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) 7,000,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 93,780 93,780  
4 Dividends and interest from securities... 3,303,556 3,266,377  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,441,354
b Gross sales price for all assets on line 6a 22,177,034
7 Capital gain net income (from Part IV, line 2)... 1,441,354
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 11,838,690 4,801,511  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
3,547 0   3,328
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
24,676 6,169   8,517
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
650,840 310,865   362,359
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
82,366 47,366   0
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
4,735 939   15,136
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 766,164 365,339   389,340
25 Contributions, gifts, grants paid....... 10,357,000 10,357,000
26 Total expenses and disbursements. Add lines 24 and 25 11,123,164 365,339   10,746,340
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 715,526
b Net investment income (if negative, enter -0-) 4,436,172
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............. 21,502 33,403 33,403
2 Savings and temporary cash investments......... 8,097,046 6,708,445 6,708,445
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)....... 49,632,360 Click to see attachment
List of Attached Documents:
// Content
55,297,118 		55,297,118
c Investments—corporate bonds (attach schedule)....... 30,954,705 Click to see attachment
List of Attached Documents:
// Content
29,978,523 		29,978,523
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).......... 29,303,614 Click to see attachment
List of Attached Documents:
// Content
34,501,828 		34,501,828
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 118,009,227 126,519,317 126,519,317
Liabilities 17 Accounts payable and accrued expenses.......... 134,522 114,338
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)......... 134,522 114,338
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 117,874,705 126,404,979
29 Total net assets or fund balances (see instructions)..... 117,874,705 126,404,979
30 Total liabilities and net assets/fund balances (see instructions). 118,009,227 126,519,317
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
117,874,705
2
Enter amount from Part I, line 27a .....................
2
715,526
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
7,814,748
4
Add lines 1, 2, and 3 ..........................
4
126,404,979
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
126,404,979
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    
b Capital gain distributions P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 22,135,764   20,735,680 1,400,084
b 41,270     41,270
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       1,400,084
b       41,270
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 1,441,354
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 61,663
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 61,663
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 61,663
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 43,181
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 35,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 78,181
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 16,518
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow16,518 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 instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowhttps://tresgraceff.org
14
The books are in care ofright arrowMission de Vida Services LLC Telephone no.right arrow (210) 987-3655

Located atright arrow200 Concord Plaza Ste 240San AntonioTX ZIP+4right arrow78216
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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
Heather B Dobson President
5.00 		0 0 0
200 Concord Plaza Ste 240
San Antonio,TX78216
Hugh C Dobson Treasurer
5.00 		0 0 0
200 Concord Plaza Ste 240
San Antonio,TX78216
Lynne Dobson Secretary
5.00 		0 0 0
200 Concord Plaza Ste 240
San Antonio,TX78216
Anne M Dobson Director
5.00 		0 0 0
200 Concord Plaza Ste 240
San Antonio,TX78216
Tom E Dobson Director
5.00 		0 0 0
200 Concord Plaza Ste 240
San Antonio,TX78216
Claire McLean Director
5.00 		0 0 0
200 Concord Plaza Ste 240
San Antonio,TX78216
Greg Wooldridge Director
5.00 		0 0 0
200 Concord Plaza Ste 240
San Antonio,TX78216
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
Mission de Vida Services LLC Management services 190,250
200 Concord Plaza Ste 240
San Antonio,TX78216
JP Morgan Chase Bank NA Investment management 177,385
270 Park Ave
New York,NY10017
Frost Wealth Advisors Grants administration 119,130
PO Box 2950
San Antonio,TX78205
AMP360 LLC Investment consulting 80,000
725 College Blvd
San Antonio,TX78209
PEG Global Private Equity IX Offshore Special Investment management 51,980
277 Park Avenue
New York,NY10012
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
55,284,482
b
Average of monthly cash balances.......................
1b
35,566,945
c
Fair market value of all other assets (see instructions)................
1c
28,397,073
d
Total (add lines 1a, b, and c).........................
1d
119,248,500
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
119,248,500
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,788,728
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
117,459,772
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
5,872,989
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
5,872,989
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
61,663
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
61,663
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
5,811,326
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
5,811,326
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
5,811,326
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
10,746,340
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
10,746,340
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 5,811,326
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......  
b From 2020...... 1,783,320
c From 2021...... 130,333
d From 2022...... 1,655,736
e From 2023...... 4,279,526
f Total of lines 3a through e ........ 7,848,915
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 10,746,340
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..... 5,811,326
e Remaining amount distributed out of corpus 4,935,014
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 12,783,929
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) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		12,783,929
10 Analysis of line 9:
a Excess from 2020.... 1,783,320
b Excess from 2021.... 130,333
c Excess from 2022.... 1,655,736
d Excess from 2023.... 4,279,526
e Excess from 2024.... 4,935,014
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).)
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 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

Amarillo Area Foundation Inc

919 S Polk St
Amarillo,TX79101 		N/A PC Health & Human Services 50,000

Amistad Community Health Center Incorporated

1533 S Brownlee Blvd
Corpus Christi,TX78404 		N/A PC Health & Human Services 62,000

Ann Richards School Foundation

2309 Panther Trail
Austin,TX78704 		N/A PC Basic Needs 10,000

Austin Community Foundation

4315 Guadalupe St Ste 300
Austin,TX78751 		N/A PC Camps 25,000

Austin Symphony Orchestra Society

1806 Rio Grande St
Austin,TX78701 		N/A PC Arts & Culture 50,000

Autism Community Network

535 Bandera Rd
San Antonio,TX78228 		N/A PC Health & Human Services 100,000

Camp Aranzazu

5420 Loop 1781
Rockport,TX78382 		N/A PC Camps 25,000

CASA of South Texas

PO Box 343
Pleasanton,TX78064 		N/A PC Health & Human Services 25,000

CASA of the Coastal Bend

2602 Prescott St
Corpus Christi,TX78404 		N/A PC Health & Human Services 25,000

CASA of Travis County

7600 Chevy Chase Dr Ste 200
Austin,TX78752 		N/A PC Health & Human Services 25,000

Central Texas Food Bank

6500 Metropolis Dr
Austin,TX78744 		N/A PC Hunger & Food Security 300,000

Child Advocates San Antonio

1956 S WW White Rd
San Antonio,TX78222 		N/A PC Health & Human Services 25,000

Children's Association for Maximum Potential Inc (CAMP)

515 Skyline Dr E
Center Point,TX78010 		N/A PC Camps 25,000

Children's Bereavement Center of South Texas

205 W Olmos Dr
San Antonio,TX78212 		N/A PC Health & Human Services 140,000

Christian Assistance Ministry Inc

110 McCullough
San Antonio,TX78215 		N/A PC Unhoused 100,000

Clarity Child Guidance Center

8535 Tom Slick Ave
San Antonio,TX78229 		N/A PC Health & Human Services 130,000

Coastal Bend Food Bank

5442 Bear Lane
Corpus Christi,TX78405 		N/A PC Hunger & Food Security 300,000

Coastal Bend Food Bank

5442 Bear Lane
Corpus Christi,TX78405 		N/A PC Hunger & Food Security 100,000

Communities In Schools of Central Texas

3000 S IH-35 Ste 200
Austin,TX78704 		N/A PC Health & Human Services 150,000

Communities In Schools of the Coastal Bend

1921 Dorado St
Corpus Christi,TX78417 		N/A PC Mental Health 100,000

Communities In Schools San Antonio

1045 Cheever Blvd Ste 201
San Antonio,TX78217 		N/A PC Mental Health 150,000

Community Foundation of Tampa Bay Inc

4300 W Cypress St Ste 700
Tampa,FL33607 		N/A PC Health & Human Services 100,000

Corpus Christi Metro Ministries

1919 Leopard St
Corpus Christi,TX78408 		N/A PC Hunger & Food Security 50,000

Corpus Christi Metro Ministries

1919 Leopard St
Corpus Christi,TX78408 		N/A PC Unhoused 10,000

Corpus Christi Symphony Society Inc

555 N Carancahua St Ste 410
Corpus Christi,TX78401 		N/A PC Arts & Culture 50,000

Del Mar College Foundation Inc

101 Baldwin Blvd
Corpus Christi,TX78404 		N/A PC Vocational Programs 150,000

Driscoll Children's Hospital Development Foundation Inc

3533 S Alameda St
Corpus Christi,TX78411 		N/A PC Health & Human Services 50,000

Driscoll Children's Hospital Development Foundation Inc

3533 S Alameda St
Corpus Christi,TX78411 		N/A PC Health & Human Services 100,000

Driscoll Children's Hospital Development Foundation Inc

3533 S Alameda St
Corpus Christi,TX78411 		N/A PC Health & Human Services 2,000,000

Driscoll Children's Hospital Development Foundation Inc

3533 S Alameda St
Corpus Christi,TX78411 		N/A PC Health & Human Services 300,000

El Pasoans Fighting Hunger Food Bank

9541 Plaza Circle
El Paso,TX79927 		N/A PC Hunger & Food Security 300,000

Food Bank of the Rio Grande Valley Inc

724 N Cage Blvd PO Box 6251
Pharr,TX78577 		N/A PC Hunger & Food Security 200,000

Foster Angels of South Texas Foundation

800 N Shoreline Blvd Ste 2750 South
Corpus Christi,TX78401 		N/A PC Health & Human Services 45,000

Foundation Communities

3000 S IH-35 Frontage Rd Ste 300
Austin,TX78704 		N/A PC Health & Human Services 100,000

Foundation Communities

3000 S IH-35 Frontage Rd Ste 300
Austin,TX78704 		N/A PC Unhoused 10,000

Girl Scouts of Southwest Texas

811 N Coker Loop
San Antonio,TX78216 		N/A PC Parks & Green Space 75,000

Good Samaritan Rescue Mission

902 Nueces Bay Blvd
Corpus Christi,TX78408 		N/A PC Unhoused 100,000

Good Samaritan Rescue Mission

902 Nueces Bay Blvd
Corpus Christi,TX78408 		N/A PC Unhoused 10,000

Haven for Hope of Bexar County

1 Haven for Hope Way
San Antonio,TX78207 		N/A PC Unhoused 100,000

Haven for Hope of Bexar County

1 Haven for Hope Way
San Antonio,TX78207 		N/A PC Camps 15,000

Haven for Hope of Bexar County

1 Haven for Hope Way
San Antonio,TX78207 		N/A PC Unhoused 10,000

Helping Hand Home for Children

3804 Avenue B
Austin,TX78751 		N/A PC Health & Human Services 50,000

Hemisfair Conservancy

PO Box 1262
San Antonio,TX78295 		N/A PC Parks & Green Space 100,000

HFCC Inc

4711 Dietrich Rd Building 8
San Antonio,TX78219 		N/A PC Unhoused 150,000

Houston Food Bank

535 Portwall St
Houston,TX77029 		N/A PC Hunger & Food Security 200,000

Hutchinson County United Way Inc

PO Box 1430
Borger,TX79008 		N/A PC Health & Human Services 25,000

Lady Lex Museum On the Bay Association

2914 North Shoreline Blvd
Corpus Christi,TX78402 		N/A PC Camps 25,000

LifeWorks aka Youth and Family Alliance

3700 South 1st St
Austin,TX78704 		N/A PC Unhoused 100,000

LifeWorks aka Youth and Family Alliance

3700 South 1st St
Austin,TX78704 		N/A PC Health & Human Services 10,000

MANNA FoodBank Inc

627 Swannanoa River Rd
Asheville,NC28805 		N/A PC Hunger & Food Security 100,000

Meals on Wheels Central Texas

3227 E 5th St
Austin,TX78702 		N/A PC Hunger & Food Security 75,000

Meals on Wheels San Antonio

2718 Danbury St
San Antonio,TX78217 		N/A PC Hunger & Food Security 75,000

Mission Road Developmental Center

8706 Mission Rd
San Antonio,TX78214 		N/A PC Health & Human Services 100,000

Mobile Loaves & Fishes Inc

9301 Hog Eye Rd Ste 950
Austin,TX78724 		N/A PC Unhoused 100,000

Morgans Wonderland Camp

23400 Cibolo Vista
San Antonio,TX78261 		N/A PC Camps 25,000

North Texas Food Bank

3677 Mapleshade Lane
Plano,TX75075 		N/A PC Hunger & Food Security 200,000

Operation Homefront Inc

17319 San Pedro Avenue Ste 505
San Antonio,TX78232 		N/A PC Health & Human Services 120,000

Pay It Forward - Clean & Sober Living

1 Haven for Hope Way Ste 3 703
San Antonio,TX78207 		N/A PC Unhoused 50,000

Pease Park Conservancy

1609 Shoal Creek Blvd Ste 305
Austin,TX78701 		N/A PC Parks & Green Space 75,000

People's Community Clinic

1101 Camino La Costa
Austin,TX78752 		N/A PC Health & Human Services 50,000

People's Community Clinic

1101 Camino La Costa
Austin,TX78752 		N/A PC Health & Human Services 50,000

Phoenix Center Camp Phoenix

3340 W SH 71
Horseshoe Bay,TX78657 		N/A PC Camps 10,000

Phoenix Center Camp Phoenix

3340 W SH 71
Horseshoe Bay,TX78657 		N/A PC Health & Human Services 100,000

Project MEND

5015 Wurzbach Rd
San Antonio,TX78238 		N/A PC Health & Human Services 100,000

Remember the Alamo Foundation

321 Alamo Plaza Ste 212
San Antonio,TX78205 		N/A SO I Student Field Trips 100,000

Remember the Alamo Foundation

321 Alamo Plaza Ste 212
San Antonio,TX78205 		N/A SO I Summer Teacher Institute 150,000

Ronald McDonald House Charities South Texas

3402 Fort Worth St
Corpus Christi,TX78411 		N/A PC Health & Human Services 250,000

Roy Maas' Youth Alternatives Inc

3103 West Ave
San Antonio,TX78213 		N/A PC Health & Human Services 150,000

Roy Maas' Youth Alternatives Inc

3103 West Ave
San Antonio,TX78213 		N/A PC Health & Human Services 10,000

SA Christian Hope Resource Center Inc

321 N General McMullen Dr
San Antonio,TX78237 		N/A PC Health & Human Services 100,000

San Antonio Food Bank

5200 Historic Old Hwy 90
San Antonio,TX78227 		N/A PC Hunger & Food Security 150,000

San Antonio Metropolitan Ministry Inc (SAMMinistries)

1919 NW Loop 410 Ste 100
San Antonio,TX78213 		N/A PC Unhoused 10,000

San Antonio Philharmonic

1314 Guadalupe St Ste 201
San Antonio,TX78207 		N/A PC Arts & Culture 50,000

South Texas Food Bank

PO Box 2007 2121 Jefferson St
Laredo,TX78040 		N/A PC Hunger & Food Security 200,000

South Texas Institute for the Arts (Art Museum of South Texas)

1902 N Shoreline Blvd
Corpus Christi,TX78401 		N/A PC Camps 5,000

St Jude's Ranch for Children -- Texas Region Inc

SJRC Texas 1400 Ridge Creek Lane
Bulverde,TX78163 		N/A PC Camps 10,000

St Jude's Ranch for Children - Texas Region Inc

SJRC Texas 1400 Ridge Creek Lane
Bulverde,TX78163 		N/A PC Health & Human Services 10,000

Taking Care of Texas dba TEXAN BY NATURE

6805 N Capital of Texas Hwy Ste 268
AUSTIN,TX78731 		N/A PC Parks & Green Space 100,000

Tennis Success Inc

5301 Weber Rd
Corpus Christi,TX78411 		N/A PC Basic Needs 10,000

Texas A&M University-Corpus Christi Foundation Inc

6300 Ocean Dr Unit 5741
Corpus Christi,TX78412 		N/A PC Arts & Culture 150,000

Texas Book Festival

1023 Springdale Rd Building 14 Ste
B
Austin,TX78721 		N/A PC Arts & Culture 50,000

Texas Farm Bureau Agriculture Research & Education Foundation

7420 Fish Pond Rd
Waco,TX76710 		N/A PC Health & Human Services 75,000

Texas State Aquarium Association

2710 N Shoreline Blvd
Corpus Christi,TX78402 		N/A PC Parks & Green Space 210,000

The Ark Assessment Center and Emergency Shelter for Youth

12960 Leopard St
Corpus Christi,TX78410 		N/A PC Health & Human Services 10,000

The Goodhood (SA Heals)

525 Arthur St Ste 101
San Antonio,TX78202 		N/A PC Health & Human Services 10,000

The Goodhood (SA Heals)

525 Arthur St Ste 101
San Antonio,TX78202 		N/A PC Youth Services 50,000

The SAFE Alliance

PO Box 19454
Austin,TX78760 		N/A PC Health & Human Services 10,000

The Salvation Army of Corpus Christi

1802 Buford St
Corpus Christi,TX78401 		N/A PC Health & Human Services 100,000

The Settlement Home for Children

1600 Payton Gin Rd
Austin,TX78758 		N/A PC Health & Human Services 100,000

The Settlement Home for Children

1600 Payton Gin Rd
Austin,TX78758 		N/A PC Health & Human Services 10,000

The Trail Conservancy

1333 Shore District Dr Ste 602
Austin,TX78741 		N/A PC Parks & Green Space 150,000

Timon's Ministries

10501 South Padre Island Dr
Corpus Christi,TX78418 		N/A PC Hunger & Food Security 25,000

Tragedy Assistance Program for Survivors (TAPS)

3033 Wilson Blvd Third Floor
Arlington,VA22201 		N/A PC Camps 25,000

Triumph Over Kid Cancer Foundation

723 Coleman Ave
Corpus Christi,TX78401 		N/A PC Health & Human Services 100,000

United Methodist Committee On Relief of Global Ministries Inc (UMCOR)

458 Ponce de Leon Ave NE Building A
Ste 1
Atlanta,GA30308 		N/A PC Health & Human Services 50,000

United Service Organizations Inc

2111 Wilson Blvd Ste 1200
Arlington,VA22201 		N/A PC Health & Human Services 35,000

University of Texas Foundation

9011 Mountain Ridge Ste 150
Austin,TX78759 		N/A PC Health & Human Services 150,000

Wesley Community Center

414 N Matiana Ortiz Blvd
Robstown,TX78380 		N/A PC Health & Human Services 10,000

Women's Shelter of South Texas (The Purple Door)

4444 Corona Dr Ste 139
Corpus Christi,TX78411 		N/A PC Health & Human Services 50,000

World Central Kitchen Inc

200 Massachusetts Ave NW 7th Floor
Washington,DC20001 		N/A PC Hunger & Food Security 50,000

YMCA of Austin

55 N Interstate 35
Austin,TX78702 		N/A PC Camps 15,000

YMCA of Corpus Christi

417 S Upper Broadway
Corpus Christi,TX78401 		N/A PC Camps 10,000

Youth Odyssey Inc

PO Box 331394
Corpus Christi,TX78463 		N/A PC Camps 25,000
Total .................................right arrow 3a 10,357,000
bApproved for future payment

Amistad Community Health Center Incorporated
1533 S Brownlee Blvd
Corpus Christi,TX78404 		N/A PC Health & Human Services 62,000

Austin Symphony Orchestra Society
1806 Rio Grande St
Austin,TX78701 		N/A PC Arts & Culture 50,000

Children's Bereavement Center of South Texas
205 W Olmos Dr
San Antonio,TX78212 		N/A PC Health & Human Services 280,000

Communities In Schools San Antonio
1045 Cheever Blvd Ste 201
San Antonio,TX78217 		N/A PC Mental Health 300,000

Driscoll Children's Hospital Development Foundation Inc
3533 S Alameda St
Corpus Christi,TX78411 		N/A PC Health & Human Services 200,000

Foster Angels of South Texas Foundation
800 N Shoreline Blvd Ste 2750 South
Corpus Christi,TX78401 		N/A PC Health & Human Services 45,000

Helping Hand Home for Children
3804 Avenue B
Austin,TX78751 		N/A PC Health & Human Services 50,000

People's Community Clinic
1101 Camino La Costa
Austin,TX78752 		N/A PC Health & Human Services 200,000

Roy Maas' Youth Alternatives Inc
3103 West Ave
San Antonio,TX78213 		N/A PC Health & Human Services 300,000

San Antonio Philharmonic
1314 Guadalupe St Ste 201
San Antonio,TX78207 		N/A PC Arts & Culture 50,000

Texas Book Festival
1023 Springdale Rd Building 14 Ste
B
Austin,TX78721 		N/A PC Arts & Culture 50,000

The Goodhood (SA Heals)
525 Arthur St Ste 101
San Antonio,TX78202 		N/A PC Youth Services 50,000

The Trail Conservancy
1333 Shore District Dr Ste 602
Austin,TX78741 		N/A PC Parks & Green Space 300,000
Total ................................. right arrow 3b 1,937,000
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 93,780  
4 Dividends and interest from securities ....     14 3,303,556  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,441,354  
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 4,838,690 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,838,690
(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
Tres Grace Family Foundation
 
Employer identification number

84-2615544
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
Tres Grace Family Foundation
  		Employer identification number
84-2615544
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
Las Aguilas Investments LLC
 
200 Concord Plaza Ste 240
 
San Antonio, TX78216

$ 7,000,000


(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.)
(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
Tres Grace Family Foundation
  		Employer identification number

84-2615544
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
Tres Grace Family Foundation
  		Employer identification number

84-2615544
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:
Tres Grace Family Foundation
EIN:
84-2615544
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax compliance 24,676 6,169   8,517

TY 2024 InvestmentsCorpBondsSchedule
Name:
Tres Grace Family Foundation
EIN:
84-2615544
Name of Bond End of Year Book Value End of Year Fair Market Value
Pimco Total Return Fd-Inst 3,909,790 3,909,790
Dodge & Cox Income 5,884,440 5,884,440
Vanguard Tot Bd Mkt Idx-Adm 14,907,524 14,907,524
iShares 7-10 Year Treasury 5,276,769 5,276,769

TY 2024 InvestmentsCorpStockSchedule
Name:
Tres Grace Family Foundation
EIN:
84-2615544
Name of Stock End of Year Book Value End of Year Fair Market Value
Health Care Select Sector 496,765 496,765
iShares MSCI Japan ETF 2,184,575 2,184,575
iShares Core MSCI Emerging 5,088,003 5,088,003
Invesco QQQ Trust Series 1 4,293,310 4,293,310
Fidelity Intl Indx-Inst Prm 3,055,442 3,055,442
Vaneck Oil Services ETF 612,437 612,437
Vanguard Ftse Europe ETF 3,698,714 3,698,714
Fidelity 500 Index Fund 27,345,729 27,345,729
iShares MSCI Canada ETF 739,989 739,989
Invesco S&P 500 Equal Weight 1,117,091 1,117,091
iShares Core S&P Midcap ETF 1,737,327 1,737,327
Artisan Intl Val-Inst 1,643,022 1,643,022
Wisdomtree Japan Hedged Eq 1,117,238 1,117,238
Consumer Discretionary Selt 267,201 267,201
Financial Select Sector SPDR 1,100,667 1,100,667
Industrial Select Sect SPDR 240,990 240,990
iShares MSCI Europe Financial 558,618 558,618

TY 2024 InvestmentsOtherSchedule2
Name:
Tres Grace Family Foundation
EIN:
84-2615544
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Grosvenor Alt Investment Completion Portfolio, Ltd. FMV 17,154,389 17,154,389
PEG Global Private Equity IX Offshore Special LP FMV 8,895,000 8,895,000
Cohen & Steers Rl Est-F FMV 1,110,137 1,110,137
iShares Gold Trust FMV 697,051 697,051
HPS Corporate Lending Fund FMV 6,645,251 6,645,251

TY 2024 LegalFeesSchedule
Name:
Tres Grace Family Foundation
EIN:
84-2615544
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
General governance and counsel 3,547 0   3,328


TY 2024 OtherExpensesSchedule
Name:
Tres Grace Family Foundation
EIN:
84-2615544
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Insurance 3,754 939   2,815
Software and other expenses 981 0   12,321


TY 2024 OtherIncreasesSchedule
Name:
Tres Grace Family Foundation
EIN:
84-2615544
Description Amount
Unrealized appreciation of investments 7,814,748


TY 2024 OtherProfessionalFeesSchedule
Name:
Tres Grace Family Foundation
EIN:
84-2615544
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Grants administration 121,426 0   119,130
Philanthrophic consulting 28,299 0   52,979
Management fees 190,250 0   190,250
Investment management fees 230,865 230,865   0
Investment consulting 80,000 80,000   0


TY 2024 TaxesSchedule
Name:
Tres Grace Family Foundation
EIN:
84-2615544
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign tax 47,366 47,366   0
Federal excise tax 35,000 0   0