Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
THE SUSAN VAUGHAN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address) 1801 POST OAK BLVD SUITE 500
  Room/suite
City or town
HOUSTON
State or province
TX
Country  
ZIP or foreign postal code
77056
A Employer identification number

76-0285765
B Telephone number (see instructions)

7133366100
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$39,917,112J 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) 779,188
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 691,034 691,034  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,301,457
b Gross sales price for all assets on line 6a 16,079,808
7 Capital gain net income (from Part IV, line 2)... 2,301,457
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
60,064 64 0
12 Total. Add lines 1 through 11........ 3,831,743 2,992,555 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 374,234 319,434   54,800
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
8,039 6,029 0 2,010
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
20,318 15,238 0 5,080
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
68,883 68,883 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
35,837 0 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,855 4,757 0 11,098
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 523,166 414,341 0 72,988
25 Contributions, gifts, grants paid....... 1,955,000 1,955,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 2,478,166 414,341 0 2,027,988
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,353,577
b Net investment income (if negative, enter -0-) 2,578,214
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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.............      
2 Savings and temporary cash investments......... 1,412,044 1,124,418 1,124,418
3 Accounts receivable  
Less: allowance for doubtful accounts   0 0 0
4 Pledges receivable  
Less: allowance for doubtful accounts   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) 0
Less: allowance for doubtful accounts 0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 4,242,039 Click to see attachment
List of Attached Documents:
// Content
3,859,214 		3,887,920
b Investments—corporate stock (attach schedule)....... 15,529,395 Click to see attachment
List of Attached Documents:
// Content
16,979,828 		31,305,515
c Investments—corporate bonds (attach schedule)....... 2,953,602 Click to see attachment
List of Attached Documents:
// Content
3,518,675 		3,526,707
11 Investments—land, buildings, and equipment: basis 0
Less: accumulated depreciation (attach schedule) 0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 0 0
14 Land, buildings, and equipment: basis 0
Less: accumulated depreciation (attach schedule) 0 0   0
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
62,193 		Click to see attachment
List of Attached Documents:
// Content
72,552 		Click to see attachment
List of Attached Documents:
// Content
72,552
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 24,199,273 25,554,687 39,917,112
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe ) Click to see attachment
List of Attached Documents:
// Content
2,406 		Click to see attachment
List of Attached Documents:
// Content
4,243
23 Total liabilities (add lines 17 through 22)......... 2,406 4,243
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 24,196,867 25,550,444
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
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)..... 24,196,867 25,550,444
30 Total liabilities and net assets/fund balances (see instructions). 24,199,273 25,554,687
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
24,196,867
2
Enter amount from Part I, line 27a .....................
2
1,353,577
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
25,550,444
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
25,550,444
Form 990-PF (2025)
Form 990-PF (2025)
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 SHORT-TERM GAIN/(LOSS) P 2025-01-01 2025-12-31
b LONG-TERM GAIN/(LOSS) P 2024-01-01 2025-12-31
c ANSYS INC MERGER WITH SYNOPSYS INC P   2025-07-18
d CAPITAL GAIN DISTRIBUTIONS      
e COST BASIS ADJUSTMENT      
(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 7,946,056   7,989,800 -43,744
b 8,007,125   5,690,396 2,316,729
c 126,143   0 126,143
d 484   0 484
e 0   98,155 -98,155
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     0 -43,744
b     0 2,316,729
c     0 126,143
d     0 484
e     0 -98,155
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 2,301,457
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 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 35,837
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-) Click to see attachment
List of Attached Documents:
// Content
2 0
3 Add lines 1 and 2........................... 3 35,837
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 35,837
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 31,594
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 56,594
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 20,757
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax20,757 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
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)
TX
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 2025 or the taxable year beginning in 2025? 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 addressN/A
14
The books are in care ofTHE NORTHERN TRUST COMPANY Telephone no. (713) 336-6100

Located at1801 POST OAK BLVD 500HOUSTONTX ZIP+477056
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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 ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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
DUNCAN E OSBORNE TRUSTEE
1.00 		16,000 0 0
1801 POST OAK BLVD
SUITE 500
HOUSTON,TX77056
ELIZABETH B OSBORNE TRUSTEE
1.00 		16,000 0 0
1801 POST OAK BLVD
SUITE 500
HOUSTON,TX77056
GEORGE PETERKIN TRUSTEE
1.00 		20,000 0 0
1801 POST OAK BLVD
SUITE 500
HOUSTON,TX77056
JOHN PETERKIN TRUSTEE
1.00 		16,000 0 0
1801 POST OAK BLVD
SUITE 500
HOUSTON,TX77056
THE NORTHERN TRUST COMPANY SEC/TREAS
1.00 		306,234 0 0
1801 POST OAK BLVD
SUITE 500
HOUSTON,TX77056
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
 
Total number of other employees paid over $50,000...................  
Form 990-PF (2025)
Form 990-PF (2025)
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
 
Total number of others receiving over $50,000 for professional services.............right arrow  
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 NO PROGRAM RELATED INVESTMENTS  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
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
37,447,304
b
Average of monthly cash balances.......................
1b
1,360,188
c
Fair market value of all other assets (see instructions)................
1c
67,373
d
Total (add lines 1a, 1b, and 1c).......................
1d
38,874,865
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
 
3
Subtract line 2 from line 1d.........................
3
38,874,865
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
583,123
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
38,291,742
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
1,914,587
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,914,587
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
35,837
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
35,837
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,878,750
4
Recoveries of amounts treated as qualifying distributions................
4
60,000
5
Add lines 3 and 4............................
5
1,938,750
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,938,750
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, line 26, column (d) ..........
1a
2,027,988
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
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,027,988
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 1,938,750
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 2022, 2021 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 50,265
f Total of lines 3a through e ........ 50,265
4Qualifying distributions for 2025 from Part
XI, line 4: $ 2,027,988
a Applied to 2024, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		0
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 1,938,750
e Remaining amount distributed out of corpus 89,238
5 Excess distributions carryover applied to 2025.   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 5 139,503
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		139,503
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 50,265
e Excess from 2025 .... 89,238
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c 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).)
NONE
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.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here 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, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
THE NORTHERN TRUST COMPANY
1801 POST OAK BLVD SUITE 500
HOUSTON,TX77056
(713) 336-6100
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS ARE IN LETTER FORM
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2025)
Form 990-PF (2025)
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

ALLEY THEATRE

615 TEXAS ST
HOUSTON,TX77002 		NONE   TO SUPPORT EDUCATION AND COMMUNITY ENGAGEMENT DEPARTMENT INITIATIVES 10,000

ARCHAEOLOGY NOW

PO BOX 271062
HOUSTON,TX77277 		NONE   FOR GENERAL OPERATING SUPPORT 15,000

ARMAND BAYOU NATURE CENTER

8500 BAY AREA BLVD
PASADENA,TX77507 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

ASIA SOCIETY TEXAS CENTER

1370 SOUTHMORE BLVD
HOUSTON,TX77004 		NONE   TO SUPPORT 2024-2025 EDUCATION AND OUTREACH INITIATIVES 10,000

ASTRODOME CONSERVANCY

2726 BISSONNET ST STE 240-417
HOUSTON,TX77005 		NONE   FOR GENERAL OPERATING SUPPORT 25,000

AUSTIN PARKS FOUNDATION

1023 SPRINGDALE RD
AUSTIN,TX78721 		NONE   TO SUPPORT THE BARTON CREEK GREENBELT RESTORATION PROJECT 5,000

AUSTIN SUNSHINE CAMPS

PO BOX 161270
AUSTIN,TX78716 		NONE   TO SUPPORT THE OVERNIGHT CAMP PROGRAM 10,000

BREAKTHROUGH HOUSTON

2401 CLAREMONT LN
HOUSTON,TX77019 		NONE   FOR GENERAL OPERATING SUPPORT AND IN HONOR OF DIRECTORS RETIREMENT 10,000

BUFFALO BAYOU PARTNERSHIP

1019 COMMERCE ST STE 200
HOUSTON,TX77002 		NONE   FOR GENERAL OPERATING SUPPORT 15,000

CASA DE ESPERANZA DE LOS NINOS

2911-A CORDER ST
HOUSTON,TX77054 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

CHINATI FOUNDATION

1 CAVALRY ROW
MARFA,TX79843 		NONE   FOR GENERAL OPERATING SUPPORT 150,000

CHINQUAPIN PREPARATORY SCHOOL

2615 E WALLISVILLE RD
HIGHLANDS,TX77562 		NONE   FOR GENERAL OPERATING SUPPORT 15,000

COMMUNITIES IN SCHOOLS

1235 N LOOP W STE 300
HOUSTON,TX77008 		NONE   TO SUPPORT THE DROPOUT PREVENTION PROGRAM AT HOLLIBROOK ELEMENTARY SCHOOL (SBISD) 15,000

CONSERVATION HISTORY ASSOC OF TEXAS

1304 MARIPOSA DR 211
AUSTIN,TX78704 		NONE   TO SUPPORT THE TEXAS FAUNA PROJECT 10,000

CONTEMPORARY ARTS MUSEUM

5216 MONTROSE BLVD
HOUSTON,TX77006 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

COVENANT HOUSE TEXAS

1111 LOVETT BLVD
HOUSTON,TX77006 		NONE   TO PROVIDE A CAPITAL GIFT TOWARD BEAUTIFICATION OF THE NEW CAMPUS 10,000

CULLINAN PARK CONSERVANCY

PO BOX 422
SUGAR LAND,TX77487 		NONE   TO SUPPORT CULLINAN PARK'S LEAP PROJECT 5,000

FOTOFEST INC

2000 EDWARDS ST BUILDING C STE 2
HOUSTON,TX77007 		NONE   TO SUPPORT FOTOFEST BIENNIAL 2024 10,000

GALVESTON BAY FOUNDATION

1725 HWY 146
KEMAH,TX77565 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

GEORGIA O'KEEFFE MUSEUM

217 JOHNSON ST
SANTA FE,NM87501 		NONE   TO SUPPORT THE ABIQUIU GARDEN PROJECT AND FUND A NEW VISITOR BENCH AND STUDIO 200,000

GLENWOOD CEMETERY HISTORIC PRESERVATION FOUNDATION

2525 WASHINGTON AVE
HOUSTON,TX77007 		NONE   FOR GENERAL OPERATING SUPPORT 15,000

GOOD REASON HOUSTON INC

3131 EASTSIDE ST STE 100
HOUSTON,TX77098 		NONE   FOR GENERAL OPERATING SUPPORT 25,000

GREAT SPRINGS PROJECT INC

PO BOX 12331
AUSTIN,TX78711 		NONE   FOR GENERAL OPERATING SUPPORT 25,000

HARRIS HEALTH STRATEGIC FUND

4800 FOURNACE PL
BELLAIRE,TX77401 		NONE   FOR GENERAL OPERATING SUPPORT 50,000

HERMANN PARK CONSERVANCY

1700 HERMANN DR
HOUSTON,TX77004 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

HOUSTON ARBORETUM & NATURE CENTER

4501 WOODWAY
HOUSTON,TX77024 		NONE   FOR GENERAL OPERATING SUPPORT 25,000

HOUSTON AUDUBON SOCIETY

440 WILCHESTER BLVD
HOUSTON,TX77079 		NONE   FOR GENERAL OPERATING SUPPORT 25,000

HOUSTON BOTANIC GARDEN

3701 KIRBY DR STE 992
HOUSTON,TX77098 		NONE   FOR GENERAL OPERATING SUPPORT 200,000

HOUSTON CENTER FOR CONTEMPORARY CRAFTS

4848 MAIN ST
HOUSTON,TX77002 		NONE   TO SUPPORT THE RESIDENCY PROGRAM IN HOUSTON 20,000

HOUSTON FOOD BANK

535 PORTWALL ST
HOUSTON,TX77029 		NONE   FOR GENERAL OPERATING SUPPORT 20,000

HOUSTON MUSEUM OF NATURAL SCIENCE

5555 HERMANN PARK DR
HOUSTON,TX77030 		NONE   TO SUPPORT THE COCKRELL BUTTERFLY CENTER AND RENOVATION OF THE POLLINATOR GARDEN 50,000

HOUSTON PARKS BOARD

300 N POST OAK LN
HOUSTON,TX77024 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

INPRINT INC

1520 W MAIN ST
HOUSTON,TX77006 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

INTERNATIONAL CRANE FOUNDATION

E 11376 SHADY LN RD
BARABOO,WI53913 		NONE   FOR GENERAL OPERATING SUPPORT 15,000

JOHN FAIREY GARDEN

20559 FM 359 RD
HEMPSTEAD,TX77445 		NONE   TO SUPPORT THE JOHN FAIREY GARDEN 10,000

KATY PRAIRIE CONSERVANCY

5615 KIRBY DR STE 867
HOUSTON,TX77005 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

MENIL COLLECTION

1519 BRANARD ST
HOUSTON,TX77006 		NONE   TO SUPPORT THE CHRYSSA & NEW YORK EXHIBITIONS 20,000

MUSEUM OF FINE ARTS HOUSTON (MFAH)

1001 BISSONNET ST
HOUSTON,TX77005 		NONE   TO SUPPORT EDUCATION PROGRAMS AT BAYOU BEND 35,000

NATIONAL WILDLIFE FEDERATION SOUTH CENTRAL REGION

11100 WILDLIFE CENTER DR STE 100
RESTON,VA20190 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

NATURE DISCOVERY CENTER

7112 NEWCASTLE
BELLAIRE,TX77401 		NONE   FOR GENERAL OPERATING SUPPORT 5,000

PLANNED PARENTHOOD GULF COAST

4600 GULF FWY
HOUSTON,TX77023 		NONE   FOR GENERAL OPERATING SUPPORT 100,000

PLANNED PARENTHOOD OF GREATER TEXAS

7424 GREENVILLE AVE STE 206
DALLAS,TX75231 		NONE   FOR GENERAL OPERATING SUPPORT 250,000

PRESERVATION HOUSTON

3907 MAIN ST
HOUSTON,TX77002 		NONE   FOR GENERAL OPERATING SUPPORT 20,000

PROJECT ROW HOUSES

2521 HOLMAN ST
HOUSTON,TX77004 		NONE   TO SUPPORT THE 2025-2026 PROJECT ROW HOUSES ARTIST ROUNDS 5,000

SMALL PLACES

257 N GREENWOOD
HOUSTON,TX77011 		NONE   TO SUPPORT THE CAPITAL CAMPAIGN FOR TRANSITION AND EXPANSION OF THEIR URBAN FARM 10,000

SMALL STEPS NURTURING CENTER

2902 JENSEN DR
HOUSTON,TX77026 		NONE   TO SUPPORT THE SCHOLARSHIP SOCIETY 10,000

ST STEPHEN'S EPISCOPAL SCHOOL

1800 SUL ROSS ST
HOUSTON,TX77098 		NONE   TO SUPPORT THE ANNUAL FUND 250,000

TEXAS HEARING INSTITUTE

3100 SHENANDOAH ST
HOUSTON,TX77021 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

TEXAS TRIBUNE INC

919 CONGRESS AVE FL 6
AUSTIN,TX78701 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

TRAIL CONSERVANCY

1333 SHORE DISTRICT DR
AUSTIN,TX78741 		NONE   FOR GENERAL OPERATING SUPPORT 20,000

TREEFOLKS

10803 PLATT LN
AUSTIN,TX78725 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

TREES FOR HOUSTON

104 N GREENWOOD ST
HOUSTON,TX77011 		NONE   TO SUPPORT ANNUAL TREE PLANTING (SPECIAL GRANT) 15,000

URBAN HARVEST

3302 CANAL ST STE 73
HOUSTON,TX77003 		NONE   FOR GENERAL OPERATING SUPPORT 20,000

WILDLIFE HABITAT FEDERATION

PO BOX 75
CAT SPRINGS,TX78933 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

WONDERWORKS

PO BOX 667550
HOUSTON,TX77266 		NONE   FOR GENERAL OPERATING SUPPORT 10,000

WONDERS & WORRIES INC

9101 BURNET RD STE 205
AUSTIN,TX78758 		NONE   TO SUPPORT THE PARENTAL ILLNESS EDUCATION AND COPING SUPPORT PROGRAM 10,000

ZILKER 351

11675 JOLLYVILLE RD STE 100
AUSTIN,TX78759 		NONE   FOR GENERAL OPERATING SUPPORT 50,000
Total ................................. 3a 1,955,000
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 691,034  
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 2,301,457  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION PROCEEDS 		    1 64  
bRECOVERY OF GRANTS     1 60,000  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 3,052,555 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,052,555
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID: 25022866
Software Version: 2025v4.2


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

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

76-0285765
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
THE SUSAN VAUGHAN FOUNDATION INC
  		Employer identification number
76-0285765
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
SUSAN GARWOOD CHARIT LEAD ANNUITY TRUST
 
301 CONGRESS AVE STE 1910
 
AUSTIN, TX78701

$ 779,188


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE SUSAN VAUGHAN FOUNDATION INC
  		Employer identification number

76-0285765
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE SUSAN VAUGHAN FOUNDATION INC
  		Employer identification number

76-0285765
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID: 25022866
Software Version: 2025v4.2

TY 2025 AccountingFeesSchedule
Name:
THE SUSAN VAUGHAN FOUNDATION INC
EIN:
76-0285765
Software ID:
25022866
Software Version:
2025v4.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 20,318 15,238 0 5,080

TY 2025 InvestmentsCorpBondsSchedule
Name:
THE SUSAN VAUGHAN FOUNDATION INC
EIN:
76-0285765
Software ID:
25022866
Software Version:
2025v4.2
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 3,518,675 3,526,707

TY 2025 InvestmentsCorpStockSchedule
Name:
THE SUSAN VAUGHAN FOUNDATION INC
EIN:
76-0285765
Software ID:
25022866
Software Version:
2025v4.2
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK 16,979,828 31,305,515

TY 2025 InvestmentsGovtObligationsSch
Name:
THE SUSAN VAUGHAN FOUNDATION INC
EIN:
76-0285765
Software ID:
25022866
Software Version:
2025v4.2
US Government Securities - End of Year Book Value:

3,859,214
US Government Securities - End of Year Fair Market Value:

3,887,920
State & Local Government Securities - End of Year Book Value:


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


0


TY 2025 LegalFeesSchedule
Name:
THE SUSAN VAUGHAN FOUNDATION INC
EIN:
76-0285765
Software ID:
25022866
Software Version:
2025v4.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 8,039 6,029 0 2,010


TY 2025 OtherAssetsSchedule
Name:
THE SUSAN VAUGHAN FOUNDATION INC
EIN:
76-0285765
Software ID:
25022866
Software Version:
2025v4.2
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PURCHASED INTEREST RECEIVABLE 62,193 72,552 72,552


TY 2025 OtherExpensesSchedule
Name:
THE SUSAN VAUGHAN FOUNDATION INC
EIN:
76-0285765
Software ID:
25022866
Software Version:
2025v4.2
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE EXPENSE 15,543 4,663 0 10,880
OFFICE EXPENSES 312 94 0 218


TY 2025 OtherIncomeSchedule2
Name:
THE SUSAN VAUGHAN FOUNDATION INC
EIN:
76-0285765
Software ID:
25022866
Software Version:
2025v4.2
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CLASS ACTION PROCEEDS 64 64 0
RECOVERY OF GRANTS 60,000 0 0


TY 2025 OtherLiabilitiesSchedule
Name:
THE SUSAN VAUGHAN FOUNDATION INC
EIN:
76-0285765
Software ID:
25022866
Software Version:
2025v4.2
Description Beginning of Year - Book Value End of Year - Book Value
FEDERAL EXCISE TAX PAYABLE 2,406 4,243


TY 2025 OtherProfessionalFeesSchedule
Name:
THE SUSAN VAUGHAN FOUNDATION INC
EIN:
76-0285765
Software ID:
25022866
Software Version:
2025v4.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 68,883 68,883 0 0


TY 2025 TaxesSchedule
Name:
THE SUSAN VAUGHAN FOUNDATION INC
EIN:
76-0285765
Software ID:
25022866
Software Version:
2025v4.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 35,837 0 0 0