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

74-6104592
B Telephone number (see instructions)

(713) 523-7557
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$451,534,153J 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 192,493 192,493  
4 Dividends and interest from securities... 5,995,061 5,995,061  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 29,892,901
b Gross sales price for all assets on line 6a 71,573,120
7 Capital gain net income (from Part IV, line 2)... 29,892,901
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........ 36,080,455 36,080,455  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 86,222 4,733   81,489
14 Other employee salaries and wages...... 942,601 47,130   895,471
15 Pension plans, employee benefits....... 274,041 13,560   260,468
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
11,434 0   12,780
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
31,600 15,800   16,100
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
820,048 737,937   87,972
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
607,145 119,049   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 107,313 5,366   92,062
21 Travel, conferences, and meetings....... 58,360 2,710   56,945
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
74,134 19,331   57,347
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,012,898 965,616   1,560,634
25 Contributions, gifts, grants paid....... 18,687,732 18,465,732
26 Total expenses and disbursements. Add lines 24 and 25 21,700,630 965,616   20,026,366
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 14,379,825
b Net investment income (if negative, enter -0-) 35,114,839
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............. 975,934 968,558 968,558
2 Savings and temporary cash investments......... 4,242,533 1,047,999 1,047,999
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   102,156    
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 36,798 48,424 48,424
10a Investments—U.S. and state government obligations (attach schedule) 3,184,289 Click to see attachment
List of Attached Documents:
// Content
7,353,624 		7,353,624
b Investments—corporate stock (attach schedule)....... 391,323,962 Click to see attachment
List of Attached Documents:
// Content
425,127,438 		425,127,438
c Investments—corporate bonds (attach schedule)....... 20,887,070 Click to see attachment
List of Attached Documents:
// Content
16,518,110 		16,518,110
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow470,000
Less: accumulated depreciation (attach schedule) right arrow   470,000 470,000 470,000
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 421,222,742 451,534,153 451,534,153
Liabilities 17 Accounts payable and accrued expenses.......... 108,948 198,911
18 Grants payable................. 1,273,000 1,495,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 1,381,948 1,693,911
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........... 419,840,794 449,840,242
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)..... 419,840,794 449,840,242
30 Total liabilities and net assets/fund balances (see instructions). 421,222,742 451,534,153
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
419,840,794
2
Enter amount from Part I, line 27a .....................
2
14,379,825
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
15,619,623
4
Add lines 1, 2, and 3 ..........................
4
449,840,242
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
449,840,242
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 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 66,028,321   41,680,219 24,348,102
b 5,544,799     5,544,799
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       24,348,102
b       5,544,799
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 29,892,901
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) 1 488,096
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........................... 3 488,096
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- ..... 5 488,096
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 300,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 300,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 188,096
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
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 arrowwww.powellfoundation.org
14
The books are in care ofright arrowEleisha Nelson-Reed Telephone no.right arrow (713) 523-7557

Located atright arrow2001 Kirby Drive Suite 1011HoustonTX ZIP+4right arrow77019
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 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)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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
Katherine Osborne Valdez Board President/Director
16.00 		86,222 3,449 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Ben H Powell V VP/Asst Treasurer/Director
2.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Charles F Caldwell Secretary/Director
2.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Harvin C Moore IV Treasurer
1.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Terry Bruner Director
2.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Christopher D Casey II Director
1.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Marian M Casey Director
4.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Thao Costis Director
3.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
E Inez Hill Director
1.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Katherine P Hill Director
1.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Elizabeth K Moore Director
1.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Ben H Powell VI Director
2.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
Eleisha Nelson-Reed Executive Director
40.00 		274,669 37,981 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Anne Kuo Phan Controller
40.00 		137,564 17,948 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Angel Harvey King Senior Program Offic
40.00 		126,499 25,818 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Kate A Shannon Director, Grants Adm
40.00 		96,941 40,848 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Makia A Thomas Program Officer
40.00 		113,456 18,947 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Total number of other employees paid over $50,000...................right arrow 3
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
Fayez Sarofim & Co Investment management 737,937
909 Fannin St
Houston,TX77010
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 Gibbs-Powell House: Preserving a local historic landmark, providing opportunities for education regarding Walker County's history, and making the landmark open to the public. The Gibbs-Powell House is leased to Walker County and is managed and operated by the Walker County Historical Commission as the Gibbs-Powell House and Walker County Museum. 8,698
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
444,732,906
b
Average of monthly cash balances.......................
1b
4,755,233
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
449,488,139
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
449,488,139
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
6,742,322
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
442,745,817
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
22,137,291
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
22,137,291
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
488,096
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
488,096
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
21,649,195
4
Recoveries of amounts treated as qualifying distributions................
4
102,156
5
Add lines 3 and 4............................
5
21,751,351
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
21,751,351
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
20,026,366
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
20,026,366
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 21,751,351
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 18,817,436
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$ 20,026,366
a Applied to 2023, but not more than line 2a 18,817,436
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..... 1,208,930
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 .......... 		20,542,421
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:
httpspowellfoundationorgapplication
2001 Kirby Drive Suite 1011
Houston,TX77019
(713) 523-7557
info@powellfoundation.org
bThe form in which applications should be submitted and information and materials they should include:
Organizations interested in applying for a Powell Foundation grant must submit an online pre-application form. If the pre-application is advanced, the organization will be invited to submit a full application via the Powell Foundation's online Grant Portal. The Powell Foundation Board of Directors makes all final decisions about grant requests during the Spring (May) and Fall (November) Board Meetings. Organizations approved for funding must sign and return a grant agreement for disbursement. Refer to the website for grant guidelines.
cAny submission deadlines:
Refer to the website for the application process and deadlines.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
The Powell Foundation is dedicated to catalyzing progress in public education, the arts, conservation, and human services. Funding is focused on the Foundation's geographic areas of interest in Harris, Travis, or Walker Counties, Texas. Requesting organizations must be tax-exempt under IRC 501(c)(3). This includes public charities, government organizations, and eligible supporting organizations. No grants are made to individuals, endowments, scholarship funds, private foundations, fundraising/marketing events, debt retirement/past operating deficits, candidates for political office or to influence specific legislation, or for realizing religious or doctrinal purpose. 2024 Giving: Education $11.3M (67%) and Supportive Communities: the Arts $2M (12%), Conservation $1.5M (8%), and Human Services $2.2M (13%).
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

Austin Ed Fund

4000 S IH 35 Frontage Road
Austin,TX78704 		N/A PC Post-Secondary Pathways: Post-Secondary Access and Success 1,207,779

MINDPOP

7112 Burnet Rd Unit B
Austin,TX78757 		N/A PC Early Childhood Development and Education: High-Quality Providers and Educators 798,032

CollegeSpring

1990 N California Blvd Suite 20
Walnut Creek,CA94596 		N/A PC Post-Secondary Pathways: Post-Secondary Access and Success 752,115

The Bridgespan Group

2 Copley Place Suite 3700B
Boston,MA02116 		N/A PC Post-Secondary Pathways: Post-Secondary Access and Success 717,895

Breakthrough Houston

2401 Claremont Ln
Houston,TX77019 		N/A PC Post-Secondary Pathways: Post-Secondary Access and Success 703,151

The Center for First-generation Student Success DBA FirstGen Forward co NAS

111 K Street NE 10th Floor
Washington,DC20002 		N/A PC Post-Secondary Pathways: Post-Secondary Policies and Systems 497,541

Children's Museum Houston

1500 Binz St
Houston,TX77004 		N/A PC Early Childhood Development and Education: Supportive Caregivers 400,000

Communities In Schools of Houston Inc

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

DiscoverU

7676 Hillmont St Suite 239
Houston,TX77040 		N/A PC Post-Secondary Pathways: Post-Secondary Readiness 300,000

Greater Houston Community Foundation

515 Post Oak Blvd Suite 1000
Houston,TX77027 		N/A PC Quality Public K-12 Schools: Quality Schools and Models 300,000

Texas Children's Hospital

6621 Fannin St
Houston,TX77030 		N/A PC Early Childhood Development and Education: Supportive Caregivers 300,000

United Way for Greater Austin

5930 Middle Fiskville Rd 5th Floor
Austin,TX78752 		N/A PC Early Childhood Development and Education: High-Capacity Sector 300,000

Neuhaus Education Center

4433 Bissonnet St
Bellaire,TX77401 		N/A PC Quality Public K-12 Schools: Excellent Educators 250,000

Texans Care for Children

1016 La Posada Drive Suite 240
Austin,TX78752 		N/A PC Early Childhood Development and Education: High-Capacity Sector 250,000

The Woods Project

2700 Southwest Freeway
Houston,TX77098 		N/A PC Post-Secondary Pathways: Post-Secondary Readiness 250,000

AVANCE - Austin

PO Box 19105
Austin,TX78760 		N/A PC Early Childhood Development and Education: Supportive Caregivers 200,000

MINDPOP

7112 Burnet Rd Unit B
Austin,TX78757 		N/A PC Arts: Student Education Programs 200,000

National Wildlife Federation

505 East Huntland Dr Ste 530
Austin,TX78752 		N/A PC Conservation: Conservation/ Environmental Education 200,000

SEARCH Homeless Services

2015 Congress St
Houston,TX77002 		N/A PC Human Services: Stabilization and Empowerment 200,000

Texas 2036

3889 Maple Avenue Suite 210
Dallas,TX75219 		N/A PC Aligned Cradle to Career Education System: Effective Tools, Policies, and Systems 200,000

UTHealth Houston

7000 Fannin Suite 1200
Houston,TX77030 		N/A GOV Early Childhood Development and Education: High-Quality Providers and Educators 200,000

Huntsville Independent School District

441 FM 2821 East
Huntsville,TX773209298 		N/A GOV Quality Public K-12 Schools: Excellent Educators 175,000

Austin Ed Fund

4000 S IH 35 Frontage Road
Austin,TX78704 		N/A PC Quality Public K-12 Schools: Excellent Educators 150,000

EPOG Academy

619 Jackson Hill Street
Houston,TX77007 		N/A PC Post-Secondary Pathways: Post-Secondary Access and Success 150,000

HYPE Freedom School Inc

PO Box 14971
Houston,TX77221 		N/A PC Quality Public K-12 Schools: Student Supports 150,000

Meadows Mental Health Policy Institute

PO Box 140836
Dallas,TX75214 		N/A PC Early Childhood Development and Education: Supportive Caregivers 150,000

Planned Parenthood Gulf Coast Inc

4600 Gulf Frwy
Houston,TX77023 		N/A PC Human Services: Emotional Wellbeing 150,000

AVANCE-Houston Inc

4281 Dacoma
Houston,TX77092 		N/A PC Early Childhood Development and Education: Supportive Caregivers 125,000

New Hope Housing Inc

3315 Harrisburg Blvd Ste 400
Houston,TX77003 		N/A PC Human Services: Stabilization and Empowerment 125,000

Families in Nature

3571 Far West Blvd 150
Austin,TX78731 		N/A PC Conservation: Conservation/ Environmental Education 120,000

Brighter Bites

PO Box 25456
Houston,TX77265 		N/A PC Human Services: Stabilization and Empowerment 115,000

Central Texas Food Bank Inc

6500 Metropolis Dr
Austin,TX78744 		N/A PC Human Services: Stabilization and Empowerment 110,000

Any Baby Can Inc

6207 Sheridan Avenue
Austin,TX78723 		N/A PC Early Childhood Development and Education: Supportive Caregivers 100,000

Arts Connect Houston

1824 Spring Street 201
Houston,TX77007 		N/A SO I Arts: Student Education Programs 100,000

Ballet Austin Incorporated

501 W 3rd St
Austin,TX78701 		N/A PC Arts: Student Education Programs 100,000

Bayou Land Conservancy

8801 Gosling
Spring,TX77381 		N/A PC Conservation: Environmental Protection 100,000

Beacon The

1117 Texas Ave
Houston,TX77002 		N/A PC Human Services: Stabilization and Empowerment 100,000

Blanton Museum of Art The University of Texas at Austin

200 E Martin Luther King Jr Blvd
Austin,TX78712 		N/A PC Arts: Student Education Programs 100,000

BookSpring

1807 W Slaughter Lane Bldg 1
Austin,TX787486214 		N/A PC Early Childhood Development and Education: Supportive Caregivers 100,000

Boys and Girls Clubs of Greater Houston

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

BridgeYear

3414 Eastside Street
Houston,TX77098 		N/A PC Post-Secondary Pathways: Post-Secondary Access and Success 100,000

Buffalo Bayou Partnership

1019 Commerce St Ste 200
Houston,TX77002 		N/A PC Conservation: Connecting People to Nature 100,000

Contemporary Austin Museum Inc

3809 W 35th St
Austin,TX78703 		N/A PC Arts: Student Education Programs 100,000

DePelchin Children's Center

4950 Memorial Dr
Houston,TX77007 		N/A PC Human Services: Emotional Wellbeing 100,000

EMERGE Fellowship

11251 NW Fwy Ste 330
Houston,TX77092 		N/A PC Post-Secondary Pathways: Post-Secondary Access and Success 100,000

Foundation Communities Inc

3000 S IH 35 Ste 300
Austin,TX78704 		N/A PC Human Services: Stabilization and Empowerment 100,000

Houston Arboretum & Nature Center

4501 Woodway Dr
Houston,TX77024 		N/A PC Conservation: Conservation/ Environmental Education 100,000

Houston Education Research Consortium co Rice University

6100 Main St MS-208
Houston,TX77005 		N/A PC Early Childhood Development and Education: High-Capacity Sector 100,000

Kids' Meals Inc

330 Garden Oaks Blvd
Houston,TX77018 		N/A PC Human Services: Stabilization and Empowerment 100,000

KIPP Texas Inc

PO Box 676718
Dallas,TX75267 		N/A PC Early Childhood Development and Education: High-Quality Providers and Educators 100,000

Literacy First

9011 Mountain Ridge Drive Suite 150
Austin,TX78759 		N/A PC Quality Public K-12 Schools: Student Supports 100,000

Literacy Now

14781 Memorial Dr 25
Houston,TX77079 		N/A PC Quality Public K-12 Schools: Student Supports 100,000

Menil Foundation Inc

1533 Sul Ross St
Houston,TX77006 		N/A PC Arts: Public Arts and Culture Access 100,000

Miller Theatre Advisory Board Inc

PO Box 66267
Houston,TX772666267 		N/A PC Arts: Public Arts and Culture Access 100,000

National Association for Family Child Care

700 12th St Ste 700
Washington,DC20005 		N/A PC Early Childhood Development and Education: High-Quality Providers and Educators 100,000

OneGoal

2799 Katy Fwy Suite 250
Houston,TX77007 		N/A PC Post-Secondary Pathways: Post-Secondary Access and Success 100,000

Prelude Music Foundation

9802 Madeline Alyssa Ct
Houston,TX77025 		N/A PC Arts: Student Education Programs 100,000

Project Row Houses

PO Box 1011
Houston,TX77251 		N/A PC Arts: Public Arts and Culture Access 100,000

ProUnitas

1801 Main St Suite 1300
Houston,TX77002 		N/A PC Quality Public K-12 Schools: Student Supports 100,000

ROCO

3104 Edloe Street Suite 350
Houston,TX77027 		N/A PC Arts: Public Arts and Culture Access 100,000

Summer House Institute

1600 Vine Street
Philadelphia,PA19102 		N/A PC Quality Public K-12 Schools: Excellent Educators 100,000

Target Hunger

1260 Shotwell Street
Houston,TX77020 		N/A PC Human Services: Stabilization and Empowerment 100,000

TEACH for Houston

2443 Fillmore St 380-9883
San Francisco,CA94115 		N/A PC Quality Public K-12 Schools: Excellent Educators 100,000

Texas Partnership for Out of School Time

8509 FM 969 Building 509
Austin,TX78724 		N/A PC Quality Public K-12 Schools: Student Supports 100,000

The Children's Assessment Center Foundation

2500 Bolsover
Houston,TX77005 		N/A SO III FI Human Services: Emotional Wellbeing 100,000

Travis Audubon Society Inc

PO Box 301629
Austin,TX78703 		N/A PC Conservation: Conservation/ Environmental Education 100,000

Trees For Houston

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

University of Houston-Downtown

1 Main Street Ste S990
Houston,TX77002 		N/A GOV Post-Secondary Pathways: Post-Secondary Readiness 100,000

Waterloo Greenway Conservancy

1111 Red River St
Austin,TX78701 		N/A PC Conservation: Connecting People to Nature 100,000

YES Prep Public Schools Inc

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

Camp Allen Camp & Conference Center

18800 FM 362
Navasota,TX77868 		N/A PC Conservation: Conservation/ Environmental Education 80,000

Boys & Girls Club of Walker County

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

Chinese Community Center Inc

9800 Town Park Dr
Houston,TX77036 		N/A PC Early Childhood Development and Education: High-Quality Providers and Educators 75,000

Interfaith Ministries for Greater Houston

3303 Main Street
Houston,TX77002 		N/A PC Human Services: Stabilization and Empowerment 75,000

Teach For America - Austin

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

Brighter Bites

PO Box 25456
Houston,TX77265 		N/A PC Human Services: Stabilization and Empowerment 60,000

Improving Education Inc

1100 N Chester Street
Baltimore,MD21213 		N/A PC Early Childhood Development and Education: Supportive Caregivers 60,000

SERJobs

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

Alley Theatre

615 Texas Ave
Houston,TX77002 		N/A PC Arts: Student Education Programs 50,000

American Festival for the Arts

241 N Milby Street Suite B
Houston,TX77003 		N/A PC Arts: Student Education Programs 50,000

Austin Theatre Alliance

713 Congress Ave
Austin,TX78701 		N/A PC Arts: Student Education Programs 50,000

BakerRipley

PO Box 271389
Houston,TX772771389 		N/A PC Human Services: Stabilization and Empowerment 50,000

Bayou City Waterkeeper

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

Coalition for the Homeless of HoustonHarris County

2000 Crawford Street Suite 700
Houston,TX77002 		N/A PC Human Services: Stabilization and Empowerment 50,000

Creative Action

1023 Springdale Rd Bldg 3
Austin,TX78721 		N/A PC Arts: Student Education Programs 50,000

DACAMERA

1402 Sul Ross St
Houston,TX77006 		N/A PC Arts: Student Education Programs 50,000

Emancipation Park Conservancy

3018 Emancipation Ave
Houston,TX77004 		N/A PC Conservation: Connecting People to Nature 50,000

Ensemble Theatre The

3535 Main Street
Houston,TX77002 		N/A PC Arts: Student Education Programs 50,000

Family Houston

PO Box 70068
Houston,TX77270 		N/A PC Human Services: Emotional Wellbeing 50,000

First3Years

6119 Greenville Ave PMB 194
Dallas,TX75006 		N/A PC Early Childhood Development and Education: High-Capacity Sector 50,000

FotoFest Inc

2000 Edwards St Bldg C Ste 2
Houston,TX77007 		N/A PC Arts: Student Education Programs 50,000

Houston Area Women's Center

3077 El Camino St
Houston,TX77054 		N/A PC Human Services: Stabilization and Empowerment 50,000

Houston Audubon Society

440 Wilchester Blvd
Houston,TX77079 		N/A PC Conservation: Conservation/ Environmental Education 50,000

Houston Ballet Foundation

601 Preston St
Houston,TX77002 		N/A PC Arts: Student Education Programs 50,000

Houston Botanic Garden

8205 N Bayou Drive
Houston,TX77017 		N/A PC Conservation: Connecting People to Nature 50,000

Houston Grand Opera Association Inc

510 Preston St 5th Fl
Houston,TX77002 		N/A PC Arts: Student Education Programs 50,000

Houston Metropolitan Dance Center Inc

PO Box 980457
Houston,TX77098 		N/A PC Arts: Student Education Programs 50,000

Houston Museum of Natural Science

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

Houston Symphony

615 Louisiana St Ste 102
Houston,TX77002 		N/A PC Arts: Student Education Programs 50,000

Houston Zoo

1513 Cambridge St
Houston,TX77030 		N/A PC Conservation: Conservation/ Environmental Education 50,000

Jeremiah Program Austin

1200 Paul Teresa Saldaa Street
Austin,TX78702 		N/A PC Early Childhood Development and Education: High-Quality Providers and Educators 50,000

Kids' Meals Inc

330 Garden Oaks Blvd
Houston,TX77018 		N/A PC Human Services: Stabilization and Empowerment 50,000

Latinos for Education

PO Box 3109 PMB 91135
Houston,TX772533109 		N/A PC Quality Public K-12 Schools: Excellent Educators 50,000

LifeWorks

3700 S 1st St
Austin,TX78704 		N/A PC Human Services: Stabilization and Empowerment 50,000

Meadows Mental Health Policy Institute

PO Box 140836
Dallas,TX75214 		N/A PC Human Services: Emotional Wellbeing 50,000

Memorial Assistance Ministries Inc

1625 Blalock Road
Houston,TX77080 		N/A PC Human Services: Stabilization and Empowerment 50,000

Museum of Fine Arts Houston Bayou Bend Collection and Gardens

PO Box 6826
Houston,TX772656826 		N/A PC Arts: Student Education Programs 50,000

Museum of Fine Arts Houston Glassell School of Art

PO Box 6826
Houston,TX77265 		N/A PC Arts: Student Education Programs 50,000

Performing Arts Houston

615 Louisiana Street Suite 100
Houston,TX77002 		N/A PC Arts: Public Arts and Culture Access 50,000

reMIND

515 Post Oak Blvd Ste 650
Houston,TX77027 		N/A PC Human Services: Emotional Wellbeing 50,000

SAFE

PO Box 19454
Austin,TX787609454 		N/A PC Human Services: Stabilization and Empowerment 50,000

Sam Houston State University (SHSU)

Box 2537
Huntsville,TX773412537 		N/A GOV Human Services: Stabilization and Empowerment 50,000

Shield Ranch Foundation

3103 Bee Caves Road Suite 203
Austin,TX78746 		N/A PC Conservation: Conservation/ Environmental Education 50,000

Shoal Creek Conservancy

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

Teach Plus Inc

1 Beacon St 15th Floor Suite 1500
Boston,MA02108 		N/A PC Quality Public K-12 Schools: Excellent Educators 50,000

TeachingWorks co University of Michigan

1058 Wolverine Tower 3003 S State
Street
Ann Arbor,MI481091274 		N/A PC Quality Public K-12 Schools: Excellent Educators 50,000

Texas A&M University Health Science Center

400 Harvey Mitchell Parkway South
College Station,TX778454375 		N/A GOV Quality Public K-12 Schools: Excellent Educators 50,000

Texas Cultural Trust

901 S Mopac Expwy Barton Oaks Plaza
II Ste 410
Austin,TX78746 		N/A PC Arts: Student Education Programs 50,000

Texas Health and Environment Alliance

3262 Westheimer Rd 142
Houston,TX77098 		N/A PC Conservation: Environmental Protection 50,000

Urban Roots

4900 Gonzales Street
Austin,TX78702 		N/A PC Human Services: Stabilization and Empowerment 50,000

Wesley Community Center

1410 Lee St
Houston,TX77009 		N/A PC Early Childhood Development and Education: High-Quality Providers and Educators 50,000

Westcave Outdoor Discovery Center

24814 Hamilton Pool Rd
Round Mountain,TX78663 		N/A PC Conservation: Conservation/ Environmental Education 50,000

Writers in the Schools

1414 Sul Ross St
Houston,TX77006 		N/A PC Arts: Student Education Programs 50,000

Youth Justice Alliance

1700 S Lamar Blvd Ste 338
Austin,TX78704 		N/A PC Post-Secondary Pathways: Post-Secondary Access and Success 50,000

Art League Houston

1953 Montrose Blvd
Houston,TX77006 		N/A PC Arts: Student Education Programs 40,000

Bridges To Life

PO Box 570895
Houston,TX772570895 		N/A PC Human Services: Stabilization and Empowerment 40,000

ChildBuilders

11152 Westheimer Rd 794
Houston,TX77042 		N/A PC Human Services: Emotional Wellbeing 40,000

LIFE Houston

2002 South Wayside Drive
Houston,TX77023 		N/A PC Human Services: Stabilization and Empowerment 40,000

Houston Youth Symphony

4550 Post Oak Place Dr Ste 245
Houston,TX77027 		N/A PC Arts: Student Education Programs 35,000

The Anderson Center for the Arts

13334 Wallisville Rd Bldg A
Houston,TX77049 		N/A PC Arts: Public Arts and Culture Access 30,000

A Time 2 Read Inc

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

350org

PO Box 843004
Boston,MA022843004 		N/A PC Designated Grant: General operating and support 5,000

ACLU Foundation of Texas

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

ACLU Foundation of Texas

PO Box 8306
Houston,TX77288 		N/A PC Designated Grant: General operating and support 2,000

American Civil Liberties Union Foundation Inc

125 Broad Street 18th Floor
New York,NY10004 		N/A PC Designated Grant: General operating and support 10,000

Austin Ed Fund

4000 S IH 35 Frontage Road
Austin,TX78704 		N/A PC Designated Grant: General operating and support 7,000

Austin Theatre Alliance

713 Congress Ave
Austin,TX78701 		N/A PC Designated Grant: General operating and support 25,000

Austin Theatre Alliance

713 Congress Ave
Austin,TX78701 		N/A PC Designated Grant: General operating and support 9,000

Barton Springs Conservancy

2100 Stamford Lane
Austin,TX78703 		N/A PC Designated Grant: General operating and support 5,000

Baylor University

One Bear Place 97043
Waco,TX767987043 		N/A PC Designated Grant: General operating and support 6,000

Bayou City Blessings in a Backpack

12535 Perthshire Road
Houston,TX77024 		N/A PC Designated Grant: General operating and support 6,000

Boy Scouts of America - Circle Ten Council

8605 Harry Hines Blvd
Dallas,TX75235 		N/A PC Designated Grant: General operating and support 20,000

Boy Scouts of America - Circle Ten Council

8605 Harry Hines Blvd
Dallas,TX75235 		N/A PC Designated Grant: General operating and support 31,000

Boys and Girls Country of Houston Inc (BGC)

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

Brookwood Community The

1752 FM 1489
Brookshire,TX77423 		N/A PC Designated Grant: General operating and support 500

Camp Allen Camp & Conference Center

18800 FM 362
Navasota,TX77868 		N/A PC Designated Grant: General operating and support 15,000

Camp Allen Camp & Conference Center

18800 FM 362
Navasota,TX77868 		N/A PC Designated Grant: General operating and support 2,000

Camp Allen Camp & Conference Center

18800 FM 362
Navasota,TX77868 		N/A PC Designated Grant: General operating and support 14,000

Camp Allen Camp & Conference Center

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

Camp Allen Camp & Conference Center

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

Camp Nakanawa

1084 Camp Nakanawa Rd
Crossville,TN38571 		N/A PC Designated Grant: General operating and support 500

Center for Reproductive Rights Inc

199 Water Street
New York,NY10038 		N/A PC Designated Grant: General operating and support 30,500

Children's Museum Houston

1500 Binz St
Houston,TX77004 		N/A PC Designated Grant: General operating and support 1,750

Children's Museum Houston

1500 Binz St
Houston,TX77004 		N/A PC Designated Grant: General operating and support 1,175

Children's Museum Houston

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

Common Cause Education Fund

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

Community Foundation of Acadiana (CFA)

1035 Camellia Boulevard
Lafayette,LA70508 		N/A PC Designated Grant: General operating and support 7,822

Dartmouth College

6066 Development Office
Hanover,NH03755 		N/A PC Designated Grant: General operating and support 32,680

Dartmouth College

6066 Development Office
Hanover,NH03755 		N/A PC Designated Grant: General operating and support 15,000

DeafBlind Community of Texas

213 S Roy Reynolds Drive
Harker Heights,TX76548 		N/A PC Designated Grant: General operating and support 6,000

East Tennessee Foundation

520 W Summit Hill Drive Suite 1101
Knoxville,TN37902 		N/A PC Designated Grant: General operating and support 500

Easter Seals-Central Texas Inc

2324 Ridgepoint Dr F1
Austin,TX78754 		N/A PC Designated Grant: General operating and support 6,000

Environmental Defense Fund Incorporated

257 Park Avenue South
New York,NY10010 		N/A PC Designated Grant: General operating and support 2,000

Everytown for Gun Safety Support Fund

PO Box 4184
New York,NY10163 		N/A PC Designated Grant: General operating and support 2,500

Ex-Students' Assn Univ Texas

PO Box 7278
Austin,TX78713 		N/A PC Designated Grant: General operating and support 2,000

Families Empowered

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

FotoFest Inc

2000 Edwards St Bldg C Ste 2
Houston,TX77007 		N/A PC Designated Grant: General operating and support 10,000

FotoFest Inc

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

Greater Houston Community Foundation

515 Post Oak Blvd Suite 1000
Houston,TX77027 		N/A PC Designated Grant: General operating and support 2,000

Harmony House

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

Helen Keller Services

180 Livingston Street 2nd Floor
Brooklyn,NY11201 		N/A PC Designated Grant: General operating and support 6,000

Houston Area Parkinson Society

2700 Southwest Freeway Suite 296
Houston,TX77098 		N/A PC Designated Grant: General operating and support 2,500

Houston Area Women's Center

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

Houston Audubon Society

440 Wilchester Blvd
Houston,TX77079 		N/A PC Designated Grant: General operating and support 5,000

Houston Ballet Foundation

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

Houston Food Bank

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

Houston Food Bank

535 Portwall Street
Houston,TX77029 		N/A PC Designated Grant: General operating and support 10,000

Houston Grand Opera Association Inc

510 Preston St 5th Fl
Houston,TX77002 		N/A PC Designated Grant: General operating and support 100

Houston Grand Opera Association Inc

510 Preston St 5th Fl
Houston,TX77002 		N/A PC Designated Grant: General operating and support 10,000

Houston Livestock Show and Rodeo

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

Houston SPCA

7007 Old Katy Road
Houston,TX77024 		N/A PC Designated Grant: General operating and support 1,000

Houston SPCA

7007 Old Katy Road
Houston,TX77024 		N/A PC Designated Grant: General operating and support 1,000

Houston Symphony

615 Louisiana St Ste 102
Houston,TX77002 		N/A PC Designated Grant: General operating and support 4,000

Houston Zoo

1513 Cambridge St
Houston,TX77030 		N/A PC Designated Grant: General operating and support 3,000

Howard University

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

Howard University

2218 6th Street Northwest
Washington,DC20059 		N/A PC Designated Grant: General operating and support 15,000

Howard University

2218 6th Street Northwest
Washington,DC20059 		N/A PC Designated Grant: General operating and support 2,000

Interfaith Health Center

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

Jeri's House

PO Box 580695
Tulsa,OK74158 		N/A PC Designated Grant: General operating and support 500

Knoxville Museum of Art

1050 Worlds Fair Park Dr
Knoxville,TN37916 		N/A PC Designated Grant: General operating and support 500

Knoxville Symphony Orchestra

100 South Gay Street Suite 302
Knoxville,TN37902 		N/A PC Designated Grant: General operating and support 10,000

Laity Lodge Youth Camp

719 Earl Garrett Street
Kerrville,TX78028 		N/A PC Designated Grant: General operating and support 2,000

Lakeshore Park Conservancy

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

Literacy First

9011 Mountain Ridge Drive Suite 150
Austin,TX78759 		N/A PC Designated Grant: General operating and support 20,000

Manned Space Flight Education Foundation

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

MD Anderson Cancer Center

Unit 705
Houston,TX772301439 		N/A PC Designated Grant: General operating and support 5,000

Museum of Fine Arts Houston Bayou Bend Collection and Gardens

PO Box 6826
Houston,TX772656826 		N/A PC Designated Grant: General operating and support 15,000

Museum of Fine Arts Houston Glassell School of Art

PO Box 6826
Houston,TX77265 		N/A PC Designated Grant: General operating and support 30,000

My Connect Community

6700B Bellaire Blvd
Houston,TX77074 		N/A PC Designated Grant: General operating and support 4,000

National Museum of African American History & Culture

1400 Constitution Avenue Northwest
Washington,DC20560 		N/A PC Designated Grant: General operating and support 5,000

National Women's Law Center

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

North American Association for Environmental Education

1250 24th Street NW Suite 801
Washington,DC20037 		N/A PC Designated Grant: General operating and support 5,000

Northwestern University

1201 Davis St
Evanston,IL60201 		N/A PC Designated Grant: General operating and support 1,500

Oak Ridge Art Center

201 Badger Avenue
Oak Ridge,TN37830 		N/A PC Designated Grant: General operating and support 500

One Simple Wish

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

Peace Thru Culture Inc

5083 8th Street NE
Washington,DC20017 		N/A PC Designated Grant: General operating and support 5,000

PEN American Center Inc

588 Broadway
New York,NY10012 		N/A PC Designated Grant: General operating and support 5,000

Planned Parenthood Gulf Coast Inc

4600 Gulf Frwy
Houston,TX77023 		N/A PC Designated Grant: General operating and support 516

Planned Parenthood Gulf Coast Inc

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

Planned Parenthood of Greater Texas

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

Rice University

6100 Main Street
Houston,TX77005 		N/A PC Designated Grant: General operating and support 20,000

Ronald McDonald House Charities of Central Texas Inc

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

Saddle Up Nashville

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

Salvation Army The

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

Sam Houston State University (SHSU)

Box 2537
Huntsville,TX773412537 		N/A GOV Designated Grant: General operating and support 6,846

Save the Children

501 Kings Highway East Suite 400
Fairfield,CT06825 		N/A PC Designated Grant: General operating and support 4,000

School Year Abroad Inc

120 Water St Ste 310
North Andover,MA01845 		N/A PC Designated Grant: General operating and support 25,000

School Year Abroad Inc

120 Water St Ste 310
North Andover,MA01845 		N/A PC Designated Grant: General operating and support 15,000

Sea Shepherd Conservation Society

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

SEARCH Homeless Services

2015 Congress St
Houston,TX77002 		N/A PC Designated Grant: General operating and support 10,000

SEARCH Homeless Services

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

Sequoyah Hills Presbyterian Church

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

SERJobs

1710 Telephone Rd
Houston,TX77023 		N/A PC Designated Grant: General operating and support 4,250

Sierra Club Foundation

2101 Webster Street Ste 1250
Oakland,CA94612 		N/A PC Designated Grant: General operating and support 2,000

Sight Hearing Encouragement Program

PO Box 10495
Oklahoma City,OK73140 		N/A PC Designated Grant: General operating and support 500

Society of the Sacred Heart United States - Canada Province Inc

4120 Forest Park Avenue
St Louis,MO63108 		N/A PC Designated Grant: General operating and support 500

Southern Methodist University

PO Box 750116
Dallas,TX752750116 		N/A PC Designated Grant: General operating and support 5,000

St John's School

2401 Claremont
Houston,TX770199961 		N/A PC Designated Grant: General operating and support 2,000

St John's School

2401 Claremont
Houston,TX770199961 		N/A PC Designated Grant: General operating and support 15,000

St John's School

2401 Claremont
Houston,TX770199961 		N/A PC Designated Grant: General operating and support 1,000

St Mark's Episcopal Church of Houston

3816 Bellaire Boulevard
Houston,TX77025 		N/A PC Designated Grant: General operating and support 3,000

St Mark's Episcopal School

3816 Bellaire Blvd
Houston,TX770251209 		N/A PC Designated Grant: General operating and support 20,000

Stanford University

326 Galvez Street
Stanford,CA943056105 		N/A PC Designated Grant: General operating and support 1,160

Tallowood Baptist Church

555 Tallowood Road
Houston,TX77024 		N/A PC Designated Grant: General operating and support 3,000

Tallowood Baptist Church

555 Tallowood Road
Houston,TX77024 		N/A PC Designated Grant: General operating and support 3,000

Target Hunger

1260 Shotwell Street
Houston,TX77020 		N/A PC Designated Grant: General operating and support 2,500

Target Hunger

1260 Shotwell Street
Houston,TX77020 		N/A PC Designated Grant: General operating and support 30,000

Texas Lyceum

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

Texas State University Development Foundation

601 University Dr
San Marcos,TX786664684 		N/A PC Designated Grant: General operating and support 6,000

The Awty International School

7455 Awty School Lane
Houston,TX77055 		N/A PC Designated Grant: General operating and support 1,160

The Blue Bird Circle

615 West Alabama Street
Houston,TX77006 		N/A PC Designated Grant: General operating and support 3,000

The First Tee of Greater Houston

7000 Capitol Street
Houston,TX77011 		N/A PC Designated Grant: General operating and support 2,000

The Highland Project

71 W 85th Street Unit 1A
New York,NY10024 		N/A PC Designated Grant: General operating and support 10,000

The Humane Society of the United States

1255 23rd St NW Suite 450
Washington,DC20037 		N/A PC Designated Grant: General operating and support 500

The Lilith Fund

PO Box 684949
Austin,TX78768 		N/A PC Designated Grant: General operating and support 7,000

The Nature Conservancy

200 E Grayson St Suite 202
San Antonio,TX78215 		N/A PC Designated Grant: General operating and support 3,000

The Neill-Cochran House Museum

2310 San Gabriel Street
Austin,TX78705 		N/A PC Designated Grant: General operating and support 5,000

The Neill-Cochran House Museum

2310 San Gabriel Street
Austin,TX78705 		N/A PC Designated Grant: General operating and support 10,000

The University of Texas at Austin College of Education

9011 Mountain Ridge Dr 150
Austin,TX78759 		N/A GOV Designated Grant: General operating and support 1,500

Touch Base Center for the Deafblind

15 Azalea Trail Lane
Bellaire,TX77401 		N/A PC Designated Grant: General operating and support 4,000

Transgender Law Center

PO Box 70976
Oakland,CA946120976 		N/A PC Designated Grant: General operating and support 6,500

Transmit Receive Labs Inc

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

Tunnel to Towers Foundation

2361 Hylan Boulevard
Staten Island,NY10306 		N/A PC Designated Grant: General operating and support 1,000

Tunnel to Towers Foundation

2361 Hylan Boulevard
Staten Island,NY10306 		N/A PC Designated Grant: General operating and support 500

Twelve Days of Christmas Inc

1415 S Voss Rd Suite 110 PMB 215
Houston,TX77057 		N/A PC Designated Grant: General operating and support 1,000

United States Foundation for the Commemoration of the World Wars

1455 Pennsylvania Ave Suite 400
Washington,DC20004 		N/A PC Designated Grant: General operating and support 4,710

University of Arizona Foundation

1111 North Cherry Avenue
Tucson,AZ857210109 		N/A PC Designated Grant: General operating and support 5,000

University of North Carolina at Wilmington

601 College Road
Wilmington,NC28403 		N/A GOV Designated Grant: General operating and support 30,000

University of North Carolina Chapel Hill Arts and Science Foundation

523 E Franklin Street
Chapel Hill,NC27514 		N/A PC Designated Grant: General operating and support 10,000

University of Puget Sound

1500 N Warner St 1067
Tacoma,WA984161075 		N/A PC Designated Grant: General operating and support 1,000

University of Puget Sound

1500 N Warner St 1067
Tacoma,WA984161075 		N/A PC Designated Grant: General operating and support 1,000

University of Texas at Austin The McCombs School of Business

ATTN UT McCombs Real Estate Center
Austin,TX78712 		N/A GOV Designated Grant: General operating and support 5,000

Urban Roots

4900 Gonzales Street
Austin,TX78702 		N/A PC Designated Grant: General operating and support 15,000

Ursuline Academy of Dallas Foundation Inc

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

Washington and Lee University

204 W Washington Street
Lexington,VA24450 		N/A PC Designated Grant: General operating and support 5,000

Waterfront Botanical Gardens Inc

PO Box 5056
Louisville,KY40255 		N/A PC Designated Grant: General operating and support 2,000

Waterloo Greenway Conservancy

1111 Red River St
Austin,TX78701 		N/A PC Designated Grant: General operating and support 7,500

Waterloo Greenway Conservancy

1111 Red River St
Austin,TX78701 		N/A PC Designated Grant: General operating and support 22,000

Barton Springs Conservancy

2100 Stamford Lane
Austin,TX78703 		N/A PC Other: Conservation Connecting People to Nature 100,000

Casa Mateo

5773 Woodway Dr 236
Houston,TX77057 		N/A PC Other: Casa Mateos Founders Campaign 100,000

Grantmakers for Education

400 SE 103rd Dr 33348
Portland,OR97216 		N/A PC Other: General operating, support, programs, and initiatives 4,500

National Center for Family Philanthropy Inc

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

Philanthropy Southwest

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

United Way of Greater Houston

50 Waugh Drive
Houston,TX77007 		N/A PC Other: Greater Houston Disaster Alliance: Severe Weather & Derecho Recovery Fund 100,000

United Way of Greater Houston

50 Waugh Drive
Houston,TX77007 		N/A PC Other: Greater Houston Disaster Alliance: Hurricane Beryl Relief Fund 100,000

Walker County Historical Commission

1301 Sam Houston Avenue Rm 218
Huntsville,TX77340 		N/A GOV Other: Address and repair plumbing issues 8,000
Total .................................right arrow 3a 18,465,732
bApproved for future payment

KIPP Texas Inc
PO Box 676718
Dallas,TX75267 		N/A PC Early Childhood Development and Education: High-Quality Providers and Educators 100,000

TEACH for Houston
2443 Fillmore St 380-9883
San Francisco,CA94115 		N/A PC Quality Public K-12 Schools: Excellent Educators 100,000

YES Prep Public Schools Inc
5455 South Loop East
Houston,TX77033 		N/A PC Quality Public K-12 Schools: Quality Schools and Models 100,000

American Festival for the Arts
241 N Milby Street Suite B
Houston,TX77003 		N/A PC Arts: Student Education Programs 50,000

Austin Theatre Alliance
713 Congress Ave
Austin,TX78701 		N/A PC Arts: Student Education Programs 50,000

Bayou City Waterkeeper
2010 North Loop West Suite 103
Houston,TX77018 		N/A PC Conservation: Environmental Protection 50,000

Coalition for the Homeless of HoustonHarris County
2000 Crawford Street Suite 700
Houston,TX77002 		N/A PC Human Services: Stabilization and Empowerment 50,000

Creative Action
1023 Springdale Rd Bldg 3
Austin,TX78721 		N/A PC Arts: Student Education Programs 50,000

DACAMERA
1402 Sul Ross St
Houston,TX77006 		N/A PC Arts: Student Education Programs 50,000

Ensemble Theatre The
3535 Main Street
Houston,TX77002 		N/A PC Arts: Student Education Programs 50,000

FotoFest Inc
2000 Edwards St Bldg C Ste 2
Houston,TX77007 		N/A PC Arts: Student Education Programs 50,000

Houston Area Women's Center
3077 El Camino St
Houston,TX77054 		N/A PC Human Services: Stabilization and Empowerment 50,000

Houston Audubon Society
440 Wilchester Blvd
Houston,TX77079 		N/A PC Conservation: Conservation and Environmental Education 50,000

LifeWorks
3700 S 1st St
Austin,TX78704 		N/A PC Human Services: Stabilization and Empowerment 50,000

Performing Arts Houston
615 Louisiana Street Suite 100
Houston,TX77002 		N/A PC Arts: Public Arts and Culture Access 50,000

SAFE
PO Box 19454
Austin,TX787609454 		N/A PC Human Services: Stabilization and Empowerment 50,000

Sam Houston State University (SHSU)
Box 2537
Huntsville,TX773412537 		N/A GOV Human Services: Stabilization and Empowerment 50,000

Shoal Creek Conservancy
PO Box 11520
Austin,TX78711 		N/A PC Conservation: Environmental Protection 50,000

Teach Plus Inc
1 Beacon St 15th Floor Suite 1500
Boston,MA02108 		N/A PC Quality Public K-12 Schools: Excellent Educators 50,000

Teach Plus Inc
1 Beacon St 15th Floor Suite 1500
Boston,MA02108 		N/A PC Quality Public K-12 Schools: Excellent Educators 50,000

Art League Houston
1953 Montrose Blvd
Houston,TX77006 		N/A PC Arts: Student Education Programs 40,000

ChildBuilders
11152 Westheimer Rd 794
Houston,TX77042 		N/A PC Human Services: Emotional Wellbeing 40,000

LIFE Houston
2002 South Wayside Drive
Houston,TX77023 		N/A PC Human Services: Stabilization and Empowerment 40,000

Memorial Assistance Ministries Inc
1625 Blalock Road
Houston,TX77080 		N/A PC Human Services: Stabilization and Empowerment 25,000
Total ................................. right arrow 3b 1,295,000
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 ........... 		    14 192,493  
4 Dividends and interest from securities ....     14 5,995,061  
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 29,892,901  
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 36,080,455 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
36,080,455
(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:
The Powell Foundation
EIN:
74-6104592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Financial statement audits 24,500 12,250   12,250
Tax compliance 7,100 3,550   3,850

TY 2024 InvestmentsCorpBondsSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Name of Bond End of Year Book Value End of Year Fair Market Value
1,500,000 Adobe Inc Note 2.300% 02/01/2030 1,334,115 1,334,115
1,500,000 Amazon.com Inc Note 3.600% 04/13/2032 1,388,430 1,388,430
500,000 Enterprise Products Operating LLC Note 3.950% 02/15/2027 493,015 493,015
1,500,000 Goldman Sachs Group Inc Note 3.750% 05/22/2025 1,494,495 1,494,495
1,500,000 Home Depot Inc Note 2.950% 06/15/2029 1,391,040 1,391,040
1,500,000 JPMorgan Chase & Co Note 2.950% 10/01/2026 1,461,450 1,461,450
1,500,000 Mastercard Inc Note 3.350% 03/26/2030 1,401,720 1,401,720
1,500,000 Morgan Stanley Ser I Mtn 3.625% 01/20/2027 1,472,655 1,472,655
500,000 PepsiCo Inc Note 2.375% 10/06/2026 483,130 483,130
1,000,000 PepsiCo Inc Note 2.625% 07/29/2029 916,670 916,670
500,000 Philip Morris International Inc Note 2.750% 02/25/2026 489,250 489,250
1,000,000 Philip Morris International Inc Note 3.375% 08/15/2029 938,250 938,250
500,000 State Street Corp Note 2.650% 05/19/2026 487,725 487,725
1,500,000 Visa Inc Note 2.050% 04/15/2030 1,311,735 1,311,735
1,500,000 Wells Fargo & Co Note 3.000% 10/23/2026 1,454,430 1,454,430

TY 2024 InvestmentsCorpStockSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Name of Stock End of Year Book Value End of Year Fair Market Value
39,640 Abbott Laboratories 4,483,679 4,483,679
9,875 Adobe Inc 4,391,215 4,391,215
80,000 Alphabet Inc Class C 15,235,200 15,235,200
99,600 Amazon.com Inc 21,851,244 21,851,244
58,975 Apple Inc 14,768,520 14,768,520
2,196,943 Artisan International Fund Inst 65,012,288 65,012,288
6,775 ASML Holding NV 4,695,617 4,695,617
66,200 AstraZeneca PLC 4,337,424 4,337,424
12,440 Automatic Data Processing Inc 3,641,561 3,641,561
90,500 BAE Systems PLC 5,172,980 5,172,980
9,905 BlackRock Inc 10,153,715 10,153,715
14,975 Broadridge Financial Solutions Inc 3,385,698 3,385,698
56,235 Canadian Pacific Kansas City Ltd 4,069,727 4,069,727
39,939 Chevron Corporation 5,784,765 5,784,765
14,000 CME Group Inc 3,251,220 3,251,220
50,033 Coca-Cola Co 3,115,055 3,115,055
40,200 Costar Group Inc 2,877,918 2,877,918
7,000 Deere & Co 2,965,900 2,965,900
2,500 Eli Lilly And Co 1,930,000 1,930,000
49,250 EOG Resources Inc 6,037,065 6,037,065
10,550 Gartner Inc Com 5,111,159 5,111,159
8,500 Home Depot Inc 3,306,415 3,306,415
10,250 Icon PLC 2,149,528 2,149,528
45,175 Intercontinental Exchange Inc 6,731,527 6,731,527
14,850 Intuit Inc 9,333,225 9,333,225
20,275 Intuitive Surgical, Inc. 10,582,739 10,582,739
20,000 LVMH Moet Hennessy Louis Vuitton 2,613,800 2,613,800
13,250 Marriott International Inc 3,695,955 3,695,955
15,100 Mastercard Inc 7,951,207 7,951,207
23,530 McDonald's Corp 6,821,112 6,821,112
61,060 Microsoft Corp 25,736,790 25,736,790
32,857 Mondelez International Inc 1,962,549 1,962,549
47,520 Nike Inc 3,595,838 3,595,838
89,450 Novo Nordisk A/S 7,694,489 7,694,489
103,750 Nvidia Corp 13,932,588 13,932,588
13,000 Old Dominion Freight Line Inc 2,293,200 2,293,200
13,825 Otis Worldwide Corp 1,280,333 1,280,333
14,998 PepsiCo Inc 2,280,596 2,280,596
27,460 Progressive Corp 6,579,691 6,579,691
12,415 S&P Global Inc 6,183,042 6,183,042
6,500 Servicenow Inc 6,890,780 6,890,780
13,275 Sherwin-Williams Co 4,512,571 4,512,571
27,925 Taiwan Semiconductor Manufacturing 5,514,908 5,514,908
55,495 Texas Instruments Inc 10,405,867 10,405,867
18,310 Union Pacific Corp 4,175,412 4,175,412
20,820 UnitedHealth Group Inc 10,532,005 10,532,005
650,253 Vanguard Mid-Cap Index Fund Inst 46,954,760 46,954,760
13,650 Verisk Analytics, Inc. 3,759,620 3,759,620
43,525 Visa Inc 13,755,641 13,755,641
10,000 Zoetis Inc 1,629,300 1,629,300

TY 2024 InvestmentsGovtObligationsSch
Name:
The Powell Foundation
EIN:
74-6104592
US Government Securities - End of Year Book Value:

7,353,624
US Government Securities - End of Year Fair Market Value:

7,353,624
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 LegalFeesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
General counsel 11,434 0   12,780


TY 2024 OtherExpensesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bank charges 17,067 17,067   0
Dues and subscriptions 2,830 142   3,477
Insurance 4,157 208   4,002
Office expense 19,775 989   19,306
Payroll processing fees 9,627 481   9,138
Software expense 11,786 0   12,836
Technology expense 4,686 234   4,457
Telephone 4,206 210   4,131


TY 2024 OtherIncreasesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Description Amount
Unrealized appreciation in value of investments 11,803,765
Difference between cost and fair market value of noncash grants 3,815,858


TY 2024 OtherProfessionalFeesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative consultation and support 19,648 0   19,708
Information technology services 19,054 0   18,524
Investment management fees 737,937 737,937   0
Professional development 20,048 0   26,379
Human resources and recruitment 14,961 0   14,961
Strategic planning 8,400 0   8,400


TY 2024 TaxesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise tax 488,096 0   0
Foreign tax 119,049 119,049   0