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
ALBERT AND MARGARET ALKEK FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1100 LOUISIANA STREET 5250
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX77002
A Employer identification number

76-0491186
B Telephone number (see instructions)

(713) 652-6601
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$304,283,599J 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 975,977 975,977  
4 Dividends and interest from securities... 1,015,323 1,015,323  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 23,029,520
b Gross sales price for all assets on line 6a 43,803,939
7 Capital gain net income (from Part IV, line 2)... 22,648,681
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
2,115,093 1,670,636  
12 Total. Add lines 1 through 11........ 27,135,913 26,310,617  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 779,994 427,764   237,526
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 45,684 28,023   10,146
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
78,743 54,702   9,371
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
693,300 546,703   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
557,469 141,488   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
11,405 6,086   3,685
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,166,595 1,204,766   260,728
25 Contributions, gifts, grants paid....... 14,000,000 14,000,000
26 Total expenses and disbursements. Add lines 24 and 25 16,166,595 1,204,766   14,260,728
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 10,969,318
b Net investment income (if negative, enter -0-) 25,105,851
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............. 306 6 6
2 Savings and temporary cash investments......... 15,966,453 4,723,542 4,723,542
3 Accounts receivable right arrow3,155,864
Less: allowance for doubtful accounts right arrow   3,572,564 3,155,864 3,155,864
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)....... 56,920,542 Click to see attachment
List of Attached Documents:
// Content
69,793,186 		98,433,759
c Investments—corporate bonds (attach schedule)....... 200,000 Click to see attachment
List of Attached Documents:
// Content
200,000 		294,728
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).......... 111,366,165 Click to see attachment
List of Attached Documents:
// Content
121,119,550 		197,672,499
14 Land, buildings, and equipment: basis right arrow287,104
Less: accumulated depreciation (attach schedule) right arrow287,104      
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
3,200 		Click to see attachment
List of Attached Documents:
// Content
3,201
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 188,026,030 198,995,348 304,283,599
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 188,026,030 198,995,348
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 188,026,030 198,995,348
30 Total liabilities and net assets/fund balances (see instructions). 188,026,030 198,995,348
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
188,026,030
2
Enter amount from Part I, line 27a .....................
2
10,969,318
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
198,995,348
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
198,995,348
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      
b CAPITAL GAIN DIVIDENDS P    
c ALTERNATIVE INVESTMENT 67 P    
d ALTERNATIVE INVESTMENT 68 P    
e ALTERNATIVE INVESTMENT 30 - GAIN ON DISPOSAL P    
ALTERNATIVE INVESTMENT 1 - LOSS ON DISPOSAL P    
ALTERNATIVE INVESTMENT 2 - GAIN ON DISPOSAL P    
PASS-THROUGH K-1 NET CAPITAL GAINS P    
NON-US HEDGE FUNDS P    
ALTERNATIVE INVESTMENT 47 - GAINS IN EXCESS P    
PASS-THROUGH K-1 CAPITAL GAINS UBTI P    
QSB GAIN EXCLUSION P    
(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 30,856,528   19,735,016 11,121,512
b 1,504,362     1,504,362
c 11,476     11,476
d 54     54
e 31,775     31,775
    14,322 -14,322
249     249
7,740,390   390,759 7,349,631
3,113,535   551,636 2,561,899
82,045     82,045
456,750   456,750 0
6,775   6,775 0
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       11,121,512
b       1,504,362
c       11,476
d       54
e       31,775
      -14,322
      249
      7,349,631
      2,561,899
      82,045
      0
      0
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 22,648,681
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) 1 348,971
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........................... 3 348,971
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- ..... 5 348,971
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 213,804
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.............. 7 363,804
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 4,926
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 9,907
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow9,907 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 instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.ALKEK.ORG
14
The books are in care ofright arrowSCOTT SEAMAN Telephone no.right arrow (713) 652-6601

Located atright arrow1100 LOUISIANA STE 5250HOUSTONTX ZIP+4right arrow77002
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
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
SANDRA BACAK ASSISTANT SECRETARY/CONTROLLER
40.00 		138,724 17,001 0
1100 LOUISIANA ST STE 5250
HOUSTON,TX77002
PAUL KLOTMAN MD DIRECTOR
1.00 		15,000 0 0
1100 LOUISIANA ST STE 5250
HOUSTON,TX77002
SCOTT B SEAMAN DIRECTOR/TREASURER/EXECUTIVE DIR
40.00 		443,270 0 0
1100 LOUISIANA ST STE 5250
HOUSTON,TX77002
CHARLES A WILLIAMS DIRECTOR/PRESIDENT
25.00 		150,000 0 0
1100 LOUISIANA ST STE 5250
HOUSTON,TX77002
MARGARET ALKEK WILLIAMS DIRECTOR
1.00 		15,000 0 0
1100 LOUISIANA ST STE 5250
HOUSTON,TX77002
RANDA D WILLIAMS DIRECTOR
1.00 		18,000 0 0
1100 LOUISIANA ST STE 5250
HOUSTON,TX77002
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 1
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
IRIDIAN ASSET MANAGEMENT LLC INVESTMENT MANAGEMENT 213,283
120 POST ROAD WEST STE 201
WESTPORT,CT06880
EAGLE CAPITAL MANAGEMENT LLC INVESTMENT MANAGEMENT 193,162
499 PARK AVENUE
NEW YORK,NY10022
POLEN CAPITAL MANAGEMENT LLC INVESTMENT MANAGEMENT 147,775
1825 NW CORPORATE BLVD 300
BOCA RATON,FL33431
ALLSPRING GLOBAL INVESTMENTS LLC INVESTMENT MANAGEMENT 61,596
PO BOX 931054
ATLANTA,GA31193
HAM LANGSTON & BREZINA LLP ACCOUNTING SERVICES 60,000
11550 FUQUA ST STE 475
HOUSTON,TX77034
Total number of others receiving over $50,000 for professional services.............right arrow1
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
129,179,064
b
Average of monthly cash balances.......................
1b
17,652,400
c
Fair market value of all other assets (see instructions)................
1c
162,365,764
d
Total (add lines 1a, b, and c).........................
1d
309,197,228
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
309,197,228
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
4,637,958
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
304,559,270
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
15,227,964
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
15,227,964
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
348,971
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
105,476
c
Add lines 2a and 2b............................
2c
454,447
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
14,773,517
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
14,773,517
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
14,773,517
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
14,260,728
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
14,260,728
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 14,773,517
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 3,793,792
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 14,260,728
a Applied to 2023, but not more than line 2a 3,793,792
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..... 10,466,936
e Remaining amount distributed out of corpus 0
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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 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 .......... 		4,306,581
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 ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
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 e-mail address of the person to whom applications should be addressed:
CHARLES WILLIAMS
1100 LOUISIANA ST STE 5250
HOUSTON,TX77002
(713) 652-6601
bThe form in which applications should be submitted and information and materials they should include:
SEE GUIDELINES AT WWW.ALKEK.ORG
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
LIMITED TO NON-PROFIT ORGANIZATIONS IN THE STATE OF TEXAS
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

AD PLAYERS AT THE GEORGE THEATER

5420 WESTHEIMER RD
HOUSTON,TX77056 		N/A PC OPERATIONAL SUPPORT 25,000

ALLIANCE FOR CHOICE IN EDUCATION

5251 DTC PARKWAY SUITE 1150
GREENWOOD VILLAGE,CO80111 		N/A PC ACE SCHOLARSHIP PROGRAM FOR HOUSTON AREA STUDENTS 50,000

AMAZING PLACE

3735 DREXEL DR
HOUSTON,TX77027 		N/A PC AMAZING TOGETHER CAMPAIGN 300,000

AMERICAN RED CROSS - TX GULF COAST REGION

431 18TH ST NW
WASHINGTON,DC20006 		N/A PC OPERATIONAL SUPPORT 40,000

ANNUNCIATION ORTHODOX SCHOOL

3600 YOAKUM BLVD
HOUSTON,TX77006 		N/A PC LIGHT THE WAY CAMPAIGN 50,000

ARTHUR NAGEL COMMUNITY CLINIC INC

PO BOX 519
BANDERA,TX78003 		N/A PC OPERATIONAL SUPPORT 50,000

AUSTIN CENTER FOR GRIEF & LOSS

2413 GREENLAWN PKWY
AUSTIN,TX78757 		N/A PC OPERATIONAL SUPPORT 25,000

BAKERRIPLEY

PO BOX 231808
HOUSTON,TX77223 		N/A PC OPERATIONAL SUPPORT 50,000

BANDERA COUNTY YOUNG LIFE (YOUNG LIFE)

PO BOX 520
COLORADO SPRINGS,CO80901 		N/A PC OPERATIONAL SUPPORT FOR PROGRAM IN BANDERA, TEXAS 30,000

BANDERA METHODIST CHURCH

PO BOX 128
BANDERA,TX78003 		N/A PC OPERATIONAL SUPPORT 20,000

BANDERA PUBLIC LIBRARY CORPORATION

PO BOX 1568 515 MAIN ST
BANDERA,TX78003 		N/A PC OPERATIONAL SUPPORT 2,500

BAYLOR COLLEGE OF MEDICINE

3200 SOUTHWEST FREEWAY STE 1180
HOUSTON,TX77027 		N/A PC MEDICAL RESEARCH, EDUCATION AND PATIENT CARE 8,093,300

BAYLOR COLLEGE OF MEDICINE

3200 SOUTHWEST FREEWAY STE 1180
HOUSTON,TX77027 		N/A PC STUDENT SUPPORT PROGRAM 20,000

BAYLOR COLLEGE OF MEDICINE

3200 SOUTHWEST FREEWAY STE 1180
HOUSTON,TX77027 		N/A PC CONSTRUCTION OF THE LILLIE AND ROY CULLEN TOWER 564,500

BAYLOR COLLEGE OF MEDICINE

3200 SOUTHWEST FREEWAY STE 1180
HOUSTON,TX77027 		N/A PC COMMUNITY OUTREACH PROGRAM 15,000

BIG BROTHERS BIG SISTERS LONE STAR

1003 WASHINGTON AVE
HOUSTON,TX77002 		N/A PC OPERATIONAL SUPPORT 50,000

BOBWHITE BRIGADE DBA TEXAS BRIGADES

6644 FM 1102
NEW BRAUNFELS,TX78132 		N/A PC OPERATIONAL SUPPORT 60,000

BOYS & GIRLS CLUBS OF BANDERA COUNTY

PO BOX 3155
BANDERA,TX78003 		N/A PC OPERATIONAL SUPPORT 60,000

CANCARE INC

9575 KATY FREEWAY STE 428
HOUSTON,TX77024 		N/A PC OPERATIONAL SUPPORT 10,000

CHILDBUILDERS

11152 WESTHEIMER RD STE 794
HOUSTON,TX77042 		N/A PC OPERATIONAL SUPPORT 25,000

CHILDREN AT RISK

PO BOX 56003
HOUSTON,TX77256 		N/A PC OPERATIONAL SUPPORT 25,000

CHRISTIAN COMMUNITY SERVICE CENTER INC

PO BOX 27924
HOUSTON,TX77227 		N/A PC OPERATIONAL SUPPORT 50,000

EPISCOPAL HIGH SCHOOL

4650 BISSONNET ST
BELLAIRE,TX77401 		N/A PC ALKEK SCHOLARS PROGRAM 71,000

HALO HOUSE FOUNDATION

2940 CORDER ST
HOUSTON,TX77054 		N/A PC OPERATIONAL SUPPORT 100,000

HILL COUNTRY YOUTH RANCH

PO BOX 67
INGRAM,TX78025 		N/A PC ALUMNI SCHOLARSHIP PROGRAM 60,000

HOPE AND HEALING CENTER & INSTITUTE

717 SAGE ROAD
HOUSTON,TX77056 		N/A PC OPERATIONAL SUPPORT 30,000

HOUSTON FOOD BANK

535 PORTWALL ST
HOUSTON,TX77029 		N/A PC OPERATIONAL SUPPORT 25,000

HOUSTON SYMPHONY SOCIETY

615 LOUISIANA ST STE 102
HOUSTON,TX77002 		N/A PC OPERATIONAL SUPPORT 400,000

HOUSTON WILDERNESS INC

1334 BRITTMOORE RD STE 2804
HOUSTON,TX77043 		N/A PC OPERATIONAL SUPPORT 10,000

MENTAL HEALTH AMERICA OF GREATER HOUSTON

2211 NORFOLK STE 810
HOUSTON,TX77098 		N/A PC OPERATIONAL SUPPORT 100,000

MERCY GATE MINISTRIES

PO BOX 590
INGRAM,TX78025 		N/A PC OPERATIONAL SUPPORT 25,000

NEHEMIAH CENTER INC

5015 FANNIN STREET
HOUSTON,TX77004 		N/A PC OPERATIONAL SUPPORT 25,000

PATHWAYS FOR LITTLE FEET

9 GREENWAY PLAZA STE 3150
HOUSTON,TX77046 		N/A PC OPERATIONAL SUPPORT 12,500

PRO-VISION INC

2656 S LOOP W STE 650
HOUSTON,TX77054 		N/A PC OPERATIONAL SUPPORT 75,000

REMIND

PO BOX 27607
HOUSTON,TX77227 		N/A PC OPERATIONAL SUPPORT 30,000

RIVER OAKS CHAMBER ORCHESTRA

3104 EDLOE ST STE 350
HOUSTON,TX77027 		N/A PC OPERATIONAL SUPPORT 100,000

SAN JOSE CLINIC

PO BOX 2808
HOUSTON,TX77252 		N/A PC OPERATIONAL SUPPORT 25,000

SOMEBODY CARES AMERICA INC

PO BOX 925308
HOUSTON,TX77292 		N/A PC OPERATIONAL SUPPORT 75,000

SOUTHWESTERN UNIVERSITY

1001 E UNIVERSITY AVE
GEORGETOWN,TX78626 		N/A GOV SCHOLARSHIPS 125,000

ST CHRISTOPHER'S EPISCOPAL CHURCH

PO BOX 314
BANDERA,TX78003 		N/A PC OPERATIONAL SUPPORT 61,200

ST MARY'S UNIVERSITY

1 CAMINO SANTA MARIA
SAN ANTONIO,TX78228 		N/A PC RENOVATIONS TO THE ALBERT B. ALKEK BUILDING 200,000

STAR OF HOPE

4848 LOOP CENTRAL DR STE 500
HOUSTON,TX77081 		N/A PC OPERATIONAL SUPPORT 125,000

TEXAS A&M FOUNDATION

401 GEORGE BUSH DR
COLLEGE STATION,TX77840 		N/A GOV ALKEK EARLY CAREER INVESTIGATOR FELLOWSHIPS 150,000

TEXAS A&M UNIVERSITY - KINGSVILLE

PO BOX 2202
KINGSVILLE,TX78363 		N/A GOV CAESAR KLEBERG WILDLIFE RESEARCH INSTITUTE 40,000

TEXAS GOLF HALL OF FAME AND MUSEUM

448 W 19TH ST STE 1082
HOUSTON,TX77008 		N/A PC OPERATIONAL SUPPORT 30,000

TEXAS HEARING INSTITUTE

3100 SHENANDOAH ST
HOUSTON,TX77021 		N/A PC OPERATIONAL SUPPORT 25,000

TEXAS PARKS AND WILDLIFE FOUNDATION

6220 GASTON AVE
DALLAS,TX75214 		N/A PC STEWARDS OF THE WILD PROGRAM 50,000

TEXAS STATE UNIVERSITY

601 UNIVERSITY DR
SAN MARCOS,TX78666 		N/A GOV TECHNOLOGY AND PROGRAMS FOR THE ALKEK LIBRARY 200,000

THE CHILDREN'S ASSESSMENT CENTER

2500 BOLSOVER
HOUSTON,TX77005 		N/A PC OPERATIONAL SUPPORT 100,000

THE FIRST TEE OF GREATER HOUSTON INC

7000 CAPITOL STREET
HOUSTON,TX77011 		N/A PC OPERATIONAL SUPPORT 125,000

THE NATURE CONSERVANCY

4245 N FAIRFAX DR STE 100
ARLINGTON,VA22203 		N/A PC OPERATIONAL SUPPORT FOR HOUSTON AREA PROGRAM 100,000

THE POSSE FOUNDATION INC

14 WALL ST STE 8A-60
NEW YORK,NY10005 		N/A PC OPERATIONAL SUPPORT FOR HOUSTON AREA STUDENTS 50,000

THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER

PO BOX 301407
HOUSTON,TX77230 		N/A GOV MEDICAL RESEARCH 1,000,000

THE WITTE MUSEUM

3801 BROADWAY
SAN ANTONIO,TX78209 		N/A PC LAND STEWARDSHIP AMBASSADOR PROGRAM 50,000

TMI - THE EPISCOPAL SCHOOL OF TEXAS

20955 W TEJAS TRAIL
SAN ANTONIO,TX78257 		N/A PC ALKEK SCHOLARSHIPS 190,000

TMI - THE EPISCOPAL SCHOOL OF TEXAS

20955 W TEJAS TRAIL
SAN ANTONIO,TX78257 		N/A PC MOMENTUM CAMPAIGN 500,000

YELLOWSTONE ACADEMY INC

3000 TRULLEY ST
HOUSTON,TX77004 		N/A PC OPERATIONAL SUPPORT 25,000

YMCA OF THE GREATER HOUSTON

PO BOX 3007
HOUSTON,TX77253 		N/A PC OPERATIONAL SUPPORT 75,000
Total .................................right arrow 3a 14,000,000
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 ........... 		    14 975,977  
4 Dividends and interest from securities ....     14 1,015,323  
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 .....     18 1,644,966  
8 Gain or (loss) from sales of assets other than
inventory ............ 		523000 374,064 18 22,655,456  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPASSTHROUGH K-1 INCOME - UBTI 		523000 470,127      
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 844,191 26,291,722 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
27,135,913
(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:
ALBERT AND MARGARET ALKEK FOUNDATION
EIN:
76-0491186
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 78,743 54,702   9,371

TY 2024 InvestmentsCorpBondsSchedule
Name:
ALBERT AND MARGARET ALKEK FOUNDATION
EIN:
76-0491186
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE DEBT SECURITY 1 200,000 294,728

TY 2024 InvestmentsCorpStockSchedule
Name:
ALBERT AND MARGARET ALKEK FOUNDATION
EIN:
76-0491186
Name of Stock End of Year Book Value End of Year Fair Market Value
PUBLICLY TRADED SECURITY 1 13,778,783 23,622,958
PUBLICLY TRADED SECURITY 2 1,064,519 1,064,519
PUBLICLY TRADED SECURITY 3 358,655 1,489,220
PUBLICLY TRADED SECURITY 4 779,554 2,325,534
PUBLICLY TRADED SECURITY 5 508,665 474,014
PUBLICLY TRADED SECURITY 6 360,692 784,073
PUBLICLY TRADED SECURITY 7 309,657 361,965
PUBLICLY TRADED SECURITY 8 520,137 528,089
PUBLICLY TRADED SECURITY 9 1,001,997 970,038
PUBLICLY TRADED SECURITY 10 163,382 233,514
PUBLICLY TRADED SECURITY 11 287,023 298,645
PUBLICLY TRADED SECURITY 12 194,801 551,945
PUBLICLY TRADED SECURITY 13 425,424 1,499,048
PUBLICLY TRADED SECURITY 16 168,468 525,956
PUBLICLY TRADED SECURITY 17 900,585 689,076
PUBLICLY TRADED SECURITY 18 505,952 411,703
PUBLICLY TRADED SECURITY 20 79,821 1,128,777
PUBLICLY TRADED SECURITY 21 794,688 851,563
PUBLICLY TRADED SECURITY 22 1,099,965 1,186,938
PUBLICLY TRADED SECURITY 24 799,658 915,831
PUBLICLY TRADED SECURITY 25 271,852 506,959
PUBLICLY TRADED SECURITY 26 461,231 973,786
PUBLICLY TRADED SECURITY 27 456,676 627,971
PUBLICLY TRADED SECURITY 28 293,988 571,964
PUBLICLY TRADED SECURITY 29 458,003 614,256
PUBLICLY TRADED SECURITY 30 853,241 1,197,439
PUBLICLY TRADED SECURITY 31 550,733 958,723
PUBLICLY TRADED SECURITY 32 342,123 342,123
PUBLICLY TRADED SECURITY 33 695,990 891,307
PUBLICLY TRADED SECURITY 34 126,796 811,580
PUBLICLY TRADED SECURITY 35 470,508 888,915
PUBLICLY TRADED SECURITY 36 883,652 755,739
PUBLICLY TRADED SECURITY 38 111,169 1,535,708
PUBLICLY TRADED SECURITY 39 1,526,860 2,897,703
PUBLICLY TRADED SECURITY 41 1,036,073 1,149,929
PUBLICLY TRADED SECURITY 42 34,740 338,645
PUBLICLY TRADED SECURITY 43 350,451 341,198
PUBLICLY TRADED SECURITY 44 270,438 1,219,010
PUBLICLY TRADED SECURITY 45 864,483 1,809,500
PUBLICLY TRADED SECURITY 46 301,453 1,115,041
PUBLICLY TRADED SECURITY 50 286,206 1,193,695
PUBLICLY TRADED SECURITY 51 262,765 412,782
PUBLICLY TRADED SECURITY 52 366,648 1,382,043
PUBLICLY TRADED SECURITY 53 654,427 848,214
PUBLICLY TRADED SECURITY 55 250,936 250,936
PUBLICLY TRADED SECURITY 56 1,045,725 1,365,358
PUBLICLY TRADED SECURITY 57 1,692,039 1,356,814
PUBLICLY TRADED SECURITY 59 518,630 623,322
PUBLICLY TRADED SECURITY 60 179,773 279,264
PUBLICLY TRADED SECURITY 61 290,013 392,404
PUBLICLY TRADED SECURITY 62 252,303 293,108
PUBLICLY TRADED SECURITY 63 1,004,078 911,370
PUBLICLY TRADED SECURITY 64 1,296,253 1,287,318
PUBLICLY TRADED SECURITY 65 438,460 306,861
PUBLICLY TRADED SECURITY 66 454,465 576,447
PUBLICLY TRADED SECURITY 67 1,249,337 1,143,572
PUBLICLY TRADED SECURITY 68 165,749 287,887
PUBLICLY TRADED SECURITY 69 92,964 265,646
PUBLICLY TRADED SECURITY 70 604,675 905,086
PUBLICLY TRADED SECURITY 71 371,318 433,415
PUBLICLY TRADED SECURITY 72 859,687 1,131,266
PUBLICLY TRADED SECURITY 73 510,219 515,245
PUBLICLY TRADED SECURITY 74 1,162,386 1,389,087
PUBLICLY TRADED SECURITY 75 389,047 168,498
PUBLICLY TRADED SECURITY 76 691,299 661,642
PUBLICLY TRADED SECURITY 77 140,958 82,459
PUBLICLY TRADED SECURITY 78 62,606 92,408
PUBLICLY TRADED SECURITY 79 1,028,273 1,325,624
PUBLICLY TRADED SECURITY 80 23,603 33,768
PUBLICLY TRADED SECURITY 81 1,231,360 511,714
PUBLICLY TRADED SECURITY 82 73,360 70,148
PUBLICLY TRADED SECURITY 83 1,897,888 1,259,814
PUBLICLY TRADED SECURITY 84 137,679 252,146
PUBLICLY TRADED SECURITY 85 1,602,189 1,523,053
PUBLICLY TRADED SECURITY 86 905,621 977,591
PUBLICLY TRADED SECURITY 87 988,579 906,761
PUBLICLY TRADED SECURITY 89 851,222 1,054,869
PUBLICLY TRADED SECURITY 90 1,461,667 1,365,660
PUBLICLY TRADED SECURITY 91 814,210 807,826
PUBLICLY TRADED SECURITY 93 442,517 439,321
PUBLICLY TRADED SECURITY 94 22,649 39,765
PUBLICLY TRADED SECURITY 95 696,966 560,095
PUBLICLY TRADED SECURITY 96 986,710 465,767
PUBLICLY TRADED SECURITY 98 563,816 999,366
PUBLICLY TRADED SECURITY 99 436,570 916,408
PUBLICLY TRADED SECURITY 100 648,789 721,048
PUBLICLY TRADED SECURITY 101 380,404 344,166
PUBLICLY TRADED SECURITY 102 613,631 706,744
PUBLICLY TRADED SECURITY 103 301,284 438,883
PUBLICLY TRADED SECURITY 104 335,307 524,619
PUBLICLY TRADED SECURITY 105 249,160 321,625
PUBLICLY TRADED SECURITY 106 147,353 82,974
PUBLICLY TRADED SECURITY 110 184,777 50,282
PUBLICLY TRADED SECURITY 111 727,603 847,214
PUBLICLY TRADED SECURITY 112 1,163,691 1,273,296
PUBLICLY TRADED SECURITY 113 381,251 429,617
PUBLICLY TRADED SECURITY 114 739,205 1,166,546

TY 2024 InvestmentsOtherSchedule2
Name:
ALBERT AND MARGARET ALKEK FOUNDATION
EIN:
76-0491186
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
NON-MARKETABLE CORPORATE EQUITY SECURITY 1 AT COST 2,286,000 0
NON-MARKETABLE CORPORATE EQUITY SECURITY 2 AT COST 695,026 695,026
ALTERNATIVE INVESTMENT 1 AT COST 0 14,322
ALTERNATIVE INVESTMENT 3 AT COST 19,160,108 20,697,795
ALTERNATIVE INVESTMENT 4 AT COST 433,249 582,581
ALTERNATIVE INVESTMENT 5 AT COST 2,794,127 3,418,662
ALTERNATIVE INVESTMENT 6 AT COST 1,068,711 1,404,356
ALTERNATIVE INVESTMENT 7 AT COST 6,350,912 15,567,021
ALTERNATIVE INVESTMENT 8 AT COST 322,760 237,701
ALTERNATIVE INVESTMENT 9 AT COST 68,394 11,897
ALTERNATIVE INVESTMENT 10 AT COST 100,195 354,753
ALTERNATIVE INVESTMENT 11 AT COST 169,188 38,166
ALTERNATIVE INVESTMENT 12 AT COST 82,041 145,859
ALTERNATIVE INVESTMENT 13 AT COST 0 1,761,673
ALTERNATIVE INVESTMENT 14 AT COST 1,490,542 2,907,769
ALTERNATIVE INVESTMENT 15 AT COST 800,793 1,577,641
ALTERNATIVE INVESTMENT 16 AT COST 1,335,725 1,967,751
ALTERNATIVE INVESTMENT 17 AT COST 2,178,154 4,748,544
ALTERNATIVE INVESTMENT 18 AT COST 2,681,855 4,186,295
ALTERNATIVE INVESTMENT 19 AT COST 2,705,334 3,134,475
ALTERNATIVE INVESTMENT 20 AT COST 1,970,013 3,808,232
ALTERNATIVE INVESTMENT 21 AT COST 871,764 999,335
ALTERNATIVE INVESTMENT 22 AT COST 0 126,778
ALTERNATIVE INVESTMENT 23 AT COST 3,420,157 4,651,514
ALTERNATIVE INVESTMENT 24 AT COST 0 537,660
ALTERNATIVE INVESTMENT 25 AT COST 1,393,434 2,076,429
ALTERNATIVE INVESTMENT 26 AT COST 4,210,589 5,859,424
ALTERNATIVE INVESTMENT 27 AT COST 1,276,638 1,547,793
ALTERNATIVE INVESTMENT 28 AT COST 2,417,296 3,545,331
ALTERNATIVE INVESTMENT 29 AT COST 2,914,683 1,905,760
ALTERNATIVE INVESTMENT 30 AT COST 0 26,241
ALTERNATIVE INVESTMENT 31 AT COST 164,747 88,596
ALTERNATIVE INVESTMENT 32 AT COST 244,421 232,914
ALTERNATIVE INVESTMENT 33 AT COST 0 25,037
ALTERNATIVE INVESTMENT 34 AT COST 0 1,002,325
ALTERNATIVE INVESTMENT 35 AT COST 1,773,108 3,423,392
ALTERNATIVE INVESTMENT 36 AT COST 2,497,885 5,202
ALTERNATIVE INVESTMENT 37 AT COST 392 3,054
ALTERNATIVE INVESTMENT 38 AT COST 336,089 1,272,663
ALTERNATIVE INVESTMENT 39 AT COST 5,137 196,317
ALTERNATIVE INVESTMENT 40 AT COST 2,697,375 15,732,628
ALTERNATIVE INVESTMENT 41 AT COST 8,000,000 17,750,711
ALTERNATIVE INVESTMENT 42 AT COST 3,693,846 20,840,148
ALTERNATIVE INVESTMENT 43 AT COST 5,000,000 7,889,863
ALTERNATIVE INVESTMENT 44 AT COST 0 41,694
ALTERNATIVE INVESTMENT 45 AT COST 545,638 691,717
ALTERNATIVE INVESTMENT 46 AT COST 180,135 119,650
ALTERNATIVE INVESTMENT 47 AT COST 0 855,697
ALTERNATIVE INVESTMENT 48 AT COST 594,141 2,580,633
ALTERNATIVE INVESTMENT 49 AT COST 1,150,959 2,328,017
ALTERNATIVE INVESTMENT 50 AT COST 2,731,668 2,191,606
ALTERNATIVE INVESTMENT 51 AT COST 982,681 1,533,014
ALTERNATIVE INVESTMENT 52 AT COST 2,102,767 1,902,072
ALTERNATIVE INVESTMENT 53 AT COST 1,522,615 2,290,812
ALTERNATIVE INVESTMENT 54 AT COST 3,125,882 4,097,184
ALTERNATIVE INVESTMENT 55 AT COST 3,698,714 3,853,098
ALTERNATIVE INVESTMENT 56 AT COST 1,967,786 2,187,502
ALTERNATIVE INVESTMENT 57 AT COST 1,093,739 1,098,099
ALTERNATIVE INVESTMENT 58 AT COST 3,633,783 4,220,123
ALTERNATIVE INVESTMENT 59 AT COST 732,950 889,550
ALTERNATIVE INVESTMENT 60 AT COST 1,219,756 888,326
ALTERNATIVE INVESTMENT 61 AT COST 1,318,318 1,021,689
ALTERNATIVE INVESTMENT 62 AT COST 2,833,863 3,167,530
ALTERNATIVE INVESTMENT 63 AT COST 1,215,901 1,290,335
ALTERNATIVE INVESTMENT 64 AT COST 1,563,404 1,580,604
ALTERNATIVE INVESTMENT 65 AT COST 1,241,491 1,843,913
ALTERNATIVE INVESTMENT 66 AT COST 52,671 0

TY 2024 OtherAssetsSchedule
Name:
ALBERT AND MARGARET ALKEK FOUNDATION
EIN:
76-0491186
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ART AND NON-DEPRECIABLE ASSETS 0 3,200 3,200
OIL AND GAS INTEREST ORRI 0 0 1


TY 2024 OtherExpensesSchedule
Name:
ALBERT AND MARGARET ALKEK FOUNDATION
EIN:
76-0491186
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GENERAL AND ADMINISTRATIVE 11,405 6,086   3,685


TY 2024 OtherIncomeSchedule2
Name:
ALBERT AND MARGARET ALKEK FOUNDATION
EIN:
76-0491186
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PASSTHROUGH K-1 INCOME 1,634,462 1,660,132 1,634,462
OIL & GAS ROYALTY INCOME 53 53 53
SECURITY LITIGATION INCOME 7,275 7,275 7,275
IRC SECTION 751 GAINS 3,176 3,176 3,176
PASSTHROUGH K-1 INCOME - UBTI 470,127   470,127


TY 2024 OtherProfessionalFeesSchedule
Name:
ALBERT AND MARGARET ALKEK FOUNDATION
EIN:
76-0491186
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 693,300 546,703   0


TY 2024 TaxesSchedule
Name:
ALBERT AND MARGARET ALKEK FOUNDATION
EIN:
76-0491186
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL INCOME TAX 415,981 0   0
STATE INCOME TAX 141,488 141,488   0