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 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
Houston
State or province
TX
Country  
ZIP or foreign postal code
77019
A Employer identification number

74-6104592
B Telephone number (see instructions)

7135237557
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)$491,924,553J 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 .................
3 Interest on savings and temporary cash investments 72,501 72,501  
4 Dividends and interest from securities... 7,121,880 7,121,880  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 41,861,420
b Gross sales price for all assets on line 6a 70,116,074
7 Capital gain net income (from Part IV, line 2)... 41,861,420
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........ 49,055,801 49,055,801  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 88,378 5,552   82,826
14 Other employee salaries and wages...... 1,082,787 54,139   1,028,648
15 Pension plans, employee benefits....... 265,428 13,403   252,025
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
7,138 0   6,713
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,000 3,500   3,300
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
904,464 752,870   146,456
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
757,934 89,296   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 109,211 5,461   103,750
21 Travel, conferences, and meetings....... 141,089 6,786   134,937
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
85,899 21,235   68,489
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,449,328 952,242   1,827,144
25 Contributions, gifts, grants paid....... 20,795,426 20,425,720
26 Total expenses and disbursements. Add lines 24 and 25 ................ 24,244,754 952,242   22,252,864
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 24,811,047
b Net investment income (if negative, enter -0-) 48,103,559
c Adjusted net income (if negative, enter -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............. 968,558 2,239,168 2,239,168
2 Savings and temporary cash investments......... 1,047,999 2,104,725 2,104,725
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 48,424 37,812 37,812
10a Investments—U.S. and state government obligations (attach schedule) 7,353,624 Click to see attachment
List of Attached Documents:
// Content
7,651,813 		7,651,813
b Investments—corporate stock (attach schedule)....... 425,127,438 Click to see attachment
List of Attached Documents:
// Content
462,150,182 		462,150,182
c Investments—corporate bonds (attach schedule)....... 16,518,110 Click to see attachment
List of Attached Documents:
// Content
17,270,853 		17,270,853
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis 470,000
Less: accumulated depreciation (attach schedule)   470,000 470,000 470,000
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 451,534,153 491,924,553 491,924,553
Liabilities 17 Accounts payable and accrued expenses.......... 198,911 329,313
18 Grants payable................. 1,495,000 1,918,000
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 )    
23 Total liabilities (add lines 17 through 22)......... 1,693,911 2,247,313
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........... 449,840,242 489,677,240
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)..... 449,840,242 489,677,240
30 Total liabilities and net assets/fund balances (see instructions). 451,534,153 491,924,553
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
449,840,242
2
Enter amount from Part I, line 27a .....................
2
24,811,047
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
15,025,951
4
Add lines 1, 2, and 3 ..........................
4
489,677,240
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
489,677,240
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 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 55,428,803   28,254,654 27,174,149
b 14,687,271     14,687,271
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       27,174,149
b       14,687,271
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 41,861,420
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) 1 668,639
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........................... 3 668,639
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- ..... 5 668,639
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 353,000
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.............. 7 353,000
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....... 9 315,639
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 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)
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 addresswww.powellfoundation.org
14
The books are in care ofEleisha Nelson-Reed Telephone no. (713) 523-7557

Located at2001 Kirby Drive Suite 1011HoustonTX ZIP+477019
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
Katherine Osborne Valdez Board President/Director
16.00 		88,378 3,535 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Ben H Powell V VP/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
Marian M Casey Treasurer/Director
5.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Ben H Powell VI Assistant Treasurer
2.00 		0 0 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Terry Bruner Director
3.00 		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
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
Molly N Kidd Director
2.00 		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
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 		274,646 37,691 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Anne Kuo Phan Director, Finance an
40.00 		164,363 18,313 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Angel Harvey King Director, Programs
40.00 		143,380 25,991 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Kate A Shannon Director, Learning &
40.00 		114,727 42,690 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Makia A Thomas Program Officer
40.00 		116,744 18,144 0
2001 Kirby Drive Suite 1011
Houston,TX77019
Total number of other employees paid over $50,000................... 4
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
Fayez Sarofim & Co Investment management 752,870
909 Fannin St
Houston,TX77010
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 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. 658
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.........................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
472,838,437
b
Average of monthly cash balances.......................
1b
3,587,935
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
476,426,372
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
476,426,372
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
7,146,396
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
469,279,976
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
23,463,999
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
23,463,999
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
668,639
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
668,639
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
22,795,360
4
Recoveries of amounts treated as qualifying distributions................
4
53,294
5
Add lines 3 and 4............................
5
22,848,654
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
22,848,654
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
22,252,864
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
22,252,864
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 22,848,654
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 20,542,421
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 22,252,864
a Applied to 2024, but not more than line 2a 20,542,421
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..... 1,710,443
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 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 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 .......... 		21,138,211
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 ...... 		0
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
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).)
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 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:
httpspowellfoundationorgapplication
2001 Kirby Drive Suite 1011
Houston,TX77019
(713) 523-7557
grants@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. 2025 Giving: Education $12.3M (65%) and Supportive Communities: the Arts $2.2M (11%), Conservation $3M (16%), and Human Services $1.6M (8%).
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

Precinct4Forward

PO Box 27575
Houston,TX77227 		N/A   Conservation: Connecting People to Nature 1,500,000

Boys & Girls Club of Walker County

PO Box 8600
Huntsville,TX77340 		N/A   Post-Secondary Pathways: Post-Secondary Access and Success 1,262,295

The Holdsworth Center

4907 Ranch Road 2222
Austin,TX78731 		N/A   Quality Public K-12 Schools: Excellent Educators 981,164

BridgeYear

3414 Eastside Street
Houston,TX77098 		N/A   Post-Secondary Pathways: Post-Secondary Access and Success 949,815

The Bridgespan Group

287 Columbus Avenue 4th Floor
Boston,MA02116 		N/A   Aligned Cradle to Career Education System: Effective Tools, Policies, and Systems 838,175

Catalyst Education DBA Catalyst Exchange

721 Hillary Street 2
New Orleans,LA70118 		N/A   Aligned Cradle to Career Education System: Effective Tools, Policies, and Systems 700,000

United Way for Greater Austin

5930 Middle Fiskville Rd 5th Floor
Austin,TX78752 		N/A   Early Childhood Development and Education: High-Quality Providers and Educators 655,729

University of Houston Foundation

4543 Post Oak Place 250
Houston,TX77027 		N/A   Post-Secondary Pathways: Post-Secondary Access and Success 399,000

Education First

PO Box 22871
Seattle,WA981220871 		N/A   Aligned Cradle to Career Education System: Effective Tools, Policies, and Systems 372,313

40 Schools

3014 Dauphine Street STE A PMB
94548
New Orleans,LA70117 		N/A   Early Childhood Development and Education: High-Capacity Sector 370,000

AVANCE Inc

824 Broadway St Suite 204
San Antonio,TX78215 		N/A   Early Childhood Development and Education: Supportive Caregivers 365,000

Arts Connect Houston

1824 Spring Street 201
Houston,TX77007 		N/A   Arts: Student Education Programs 350,000

Creative Action

1023 Springdale Rd Bldg 3
Austin,TX78721 		N/A   Arts: Student Education Programs 350,000

National Association for Family Child Care

700 12th St Ste 700
Washington,DC20005 		N/A   Early Childhood Development and Education: High-Quality Providers and Educators 350,000

Trust for Learning a project of New Venture Fund

1828 L St NW Ste 300a
Washington,DC20036 		N/A   Early Childhood Development and Education: High-Capacity Sector 350,000

Austin 2030 Network co Social Good Fund Inc

PO Box 5332
Austin,TX78763 		N/A   Post-Secondary Pathways: Post-Secondary Access and Success 308,000

The Trail Conservancy

1333 Shore District Dr Suite 602
Austin,TX78741 		N/A   Conservation: Connecting People to Nature 300,000

United Way of Greater Houston

50 Waugh Drive
Houston,TX77007 		N/A   Early Childhood Development and Education: High-Quality Providers and Educators 300,000

Bonterra Jumpstart Fund

1222 Preservation Park Way Oakland
CA 94612-1201
Oakland CA,CA946121201 		N/A   Aligned Cradle to Career Education System: Effective Tools, Policies, and Systems 260,000

The Bridgespan Group

287 Columbus Avenue 4th Floor
Boston,MA02116 		N/A   Early Childhood Development and Education: High-Capacity Sector 252,463

Austin Childrens Museum DBA Thinkery

1830 Simond Ave
Austin,TX78723 		N/A   Early Childhood Development and Education: High-Quality Providers and Educators 200,000

Breakthrough Central Texas

3100 East 5th Street Suite 375
Austin,TX78702 		N/A   Post-Secondary Pathways: Post-Secondary Access and Success 200,000

EMERGE

3555 Timmons Ln Ste 800
Houston,TX77027 		N/A   Post-Secondary Pathways: Post-Secondary Access and Success 200,000

Environmental Defense Fund Incorporated

257 Park Avenue South
New York,NY10010 		N/A   Conservation: Conservation/ Environmental Education 200,000

Philanthropy Advocates co Waco Foundation

1224 Austin Avenue Suite 100
Waco,TX76701 		N/A   Aligned Cradle to Career Education System: Effective Tools, Policies, and Systems 200,000

Rice University School Literacy & Culture

6100 Main St MS-550
Houston,TX77005 		N/A   Early Childhood Development and Education: High-Quality Providers and Educators 200,000

Summer House Institute

1531 N 7th St
Philadelphia,PA19122 		N/A   Quality Public K-12 Schools: Excellent Educators 200,000

Improving Education Inc

1100 N Chester Street
Baltimore,MD21213 		N/A   Early Childhood Development and Education: Supportive Caregivers 191,000

Huntsville Independent School District

441 FM 2821 East
Huntsville,TX773209298 		N/A   Quality Public K-12 Schools: Student Supports 151,000

Austin Public Education Foundation DBA Austin Ed Fund

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

Children At Risk Inc

PO Box 56003
Houston,TX77256 		N/A   Early Childhood Development and Education: High-Capacity Sector 150,000

Collaborative for Children

2200 Post Oak Blvd Suite 1000
Houston,TX77056 		N/A   Early Childhood Development and Education: High-Quality Providers and Educators 150,000

Connective

515 Post Oak Blvd Suite 1000
Houston,TX77027 		N/A   Human Services: Stabilization and Empowerment 150,000

E3 Alliance

5930 Middle Fiskville Rd Ste 414
Austin,TX78752 		N/A   Aligned Cradle to Career Education System: Effective Tools, Policies, and Systems 150,000

Good Reason Houston

8 Greenway Plaza Suite 900
Houston,TX77046 		N/A   Early Childhood Development and Education: High-Capacity Sector 150,000

Hermann Park Conservancy

1700 Hermann Drive
Houston,TX77004 		N/A   Conservation: Connecting People to Nature 150,000

Memorial Park Conservancy Inc

7575 N Picnic Ln
Houston,TX77007 		N/A   Conservation: Connecting People to Nature 150,000

Young Audiences Inc of Houston

675 Bering Dr Ste 300
Houston,TX77057 		N/A   Arts: Student Education Programs 150,000

The Bridgespan Group

287 Columbus Avenue 4th Floor
Boston,MA02116 		N/A   Early Childhood Development and Education: High-Capacity Sector 140,000

Genaustin DBA Girls Empowerment Network

P O 3122
Austin,TX78764 		N/A   Human Services: Emotional Wellbeing 128,000

Family Houston

PO Box 70068
Houston,TX77270 		N/A   Human Services: Emotional Wellbeing 125,000

Mainspring Schools

1100 West Live Oak St
Austin,TX78704 		N/A   Early Childhood Development and Education: High-Quality Providers and Educators 125,000

Austin Youth & Community Farm Inc DBA Urban Roots

810 West 45th Street
Austin,TX78760 		N/A   Human Services: Stabilization and Empowerment 100,000

BakerRipley

PO Box 231808
Houston,TX77223 		N/A   Human Services: Stabilization and Empowerment 100,000

Boys and Girls Clubs of Austin and Travis County Inc

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

Boys and Girls Clubs of Austin and Travis County Inc

6648 Ed Bluestein Blvd
Austin,TX78723 		N/A   Quality Public K-12 Schools: Student Supports 100,000

Center for Women & Their Work

1311 E Cesar Chavez St
Austin,TX78702 		N/A   Arts: Student Education Programs 100,000

Communities In Schools of Central Texas

2521 East St Elmo Rd
Austin,TX78744 		N/A   Quality Public K-12 Schools: Student Supports 100,000

KIPP Texas Public Schools

10711 KIPP Way
Houston,TX77099 		N/A   Early Childhood Development and Education: High-Quality Providers and Educators 100,000

Mobile Loaves & Fishes Inc

9301 Hog Eye Road Suite 950
Austin,TX78724 		N/A   Human Services: Stabilization and Empowerment 100,000

OneGoal

2799 Katy Fwy Suite 250 Office 11
Houston,TX77007 		N/A   Post-Secondary Pathways: Post-Secondary Access and Success 100,000

Open Dance Project

747 N Shepherd Dr Ste 100
Houston,TX77007 		N/A   Arts: Student Education Programs 100,000

reMIND

PO Box 27607
Houston,TX77227 		N/A   Human Services: Emotional Wellbeing 100,000

Rooted School Foundation

612 Andrew Higgins Blvd
New Orleans,LA70130 		N/A   Human Services: Stabilization and Empowerment 100,000

Teach for America Inc DBA Teach For America - Austin

Teach For America C/O Jenny Jensen
Austin,TX78702 		N/A   Quality Public K-12 Schools: Excellent Educators 100,000

Teach-Org Inc DBA TEACH for Houston

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

Texas Cultural Trust Council DBA Texas Cultural Trust

901 S Mopac Expressway Barton Oaks
Plaza II Ste 410
Austin,TX78746 		N/A   Arts: Student Education Programs 100,000

The Anderson Center for the Arts

13334 Wallisville Rd Bldg A
Houston,TX77049 		N/A   Arts: Public Arts and Culture Access 100,000

Trees For Houston

1911 W 34th Street
Houston,TX77018 		N/A   Conservation: Environmental Protection 100,000

Urban Harvest Inc

1911 W 34th Street
Houston,TX77018 		N/A   Human Services: Stabilization and Empowerment 100,000

Vincare Services of Austin Foundation DBA Saint Louise House

PO Box 150637
Austin,TX78715 		N/A   Human Services: Stabilization and Empowerment 100,000

Willow Waterhole Greenspace Conservancy

5600 South Willow Suite 113
Houston,TX77035 		N/A   Conservation: Connecting People to Nature 100,000

Writers in the Schools

1414 Sul Ross St
Houston,TX77006 		N/A   Arts: Student Education Programs 100,000

Manor ISD Education Foundation

10335 US Highway 290 E / PO Box 679
Manor,TX78653 		N/A   Human Services: Emotional Wellbeing 90,000

Ser-Jobs for Progress of the Texas Gulf Coast Inc DBA SERJobs

1710 Telephone Rd
Houston,TX77023 		N/A   Post-Secondary Pathways: Post-Secondary Readiness 75,000

Alley Theatre

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

American Festival for the Arts

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

Austin Theatre Alliance

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

Bayou City Waterkeeper

4900 Travis St Suite 209
Houston,TX77002 		N/A   Conservation: Environmental Protection 50,000

Central Texas Food Bank

6500 Metropolis Drive
Austin,TX78744 		N/A   Human Services: Stabilization and Empowerment 50,000

Coalition for the Homeless of HoustonHarris County

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

Coastal Prairie Conservancy

5615 Kirby Dr Ste 867
Houston,TX77005 		N/A   Conservation: Environmental Protection 50,000

Creative Action

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

Da Camera Society of Texas DBA DACAMERA

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

Emancipation Park Conservancy

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

First3Years

6119 Greenville Ave PMB 194
Dallas,TX75206 		N/A   Early Childhood Development and Education: High-Capacity Sector 50,000

FotoFest Inc

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

FuelEd Schools Inc

8453 Cliffridge Ave
La Jolla,CA92037 		N/A   Quality Public K-12 Schools: Excellent Educators 50,000

Houston Area Women's Center

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

Houston Audubon Society

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

Houston Ballet Foundation

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

Houston Botanic Garden

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

Houston Grand Opera Association Inc

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

Houston Museum of Natural Science

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

Houston Symphony

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

Houston Zoo

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

Latinos for Education

68 Harrison Ave Suite 605 PMB 91135
Boston,MA02111 		N/A   Quality Public K-12 Schools: Excellent Educators 50,000

Main Street Theater Houston

2540 Times Blvd
Houston,TX77005 		N/A   Arts: Student Education Programs 50,000

Museum of Fine Arts Houston Bayou Bend Collection and Gardens

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

Museum of Fine Arts Houston Glassell School of Art

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

Performing Arts Houston

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

Sam Houston State University (SHSU)

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

Shield Ranch Foundation Fund

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

Shoal Creek Conservancy

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

Teach Plus Inc

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

The Ensemble Theatre

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

The SAFE Alliance

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

TreeFolks

PO Box 1395
Del Valle,TX78617 		N/A   Conservation: Environmental Protection 50,000

Youth and Family Alliance DBA LifeWorks

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

Zilker 351

11675 Jollyville Road
Austin,TX78759 		N/A   Conservation: Connecting People to Nature 50,000

Art League of Houston DBA Art League Houston

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

ChildBuilders

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

Local Infant Formula for Emergencies Inc DBA LIFE Houston

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

Houston Youth Symphony

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

Sam Houston State University (SHSU)

Box 2537
Huntsville,TX773412537 		N/A   Arts: Student Education Programs 35,000

Houston Metropolitan Dance Center Inc

P O Box 980457
Houston,TX77098 		N/A   Arts: Student Education Programs 30,000

The Trail Conservancy

1333 Shore District Dr Suite 602
Austin,TX78741 		N/A   Conservation: Connecting People to Nature 30,000

A Time 2 Read Inc

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

Memorial Assistance Ministries Inc

1625 Blalock Road
Houston,TX77080 		N/A   Human Services: Stabilization and Empowerment 25,000

ACLU Foundation of Texas

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

ACLU Foundation of Texas

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

Alzheimer's Association San DiegoImperial Chapter

591 Camino de la Reina Suite 720
San Diego,CA92108 		N/A   Designated Grant: General operating and support 500

American Friends of The Ocean Cleanup Foundation

228 East 45th Street Suite 9E
New York,NY10017 		N/A   Designated Grant: General operating and support 3,000

American Leadership Forum

1801 Main Street Suite 910
Houston,TX77002 		N/A   Designated Grant: General operating and support 3,000

Austin Public Education Foundation DBA Austin Ed Fund

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

Austin Theatre Alliance

713 Congress Ave
Austin,TX78701 		N/A   Designated Grant: General operating and support 33,995

Austin Theatre Alliance

713 Congress Ave
Austin,TX78701 		N/A   Designated Grant: General operating and support 4,500

Baylor University

One Bear Place 97043
Waco,TX767987043 		N/A   Designated Grant: General operating and support 3,000

Baylor University

One Bear Place 97043
Waco,TX767987043 		N/A   Designated Grant: General operating and support 3,000

Bayou City Blessings in a Backpack

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

Bo's Place

10050 Buffalo Speedway
Houston,TX77054 		N/A   Designated Grant: General operating and support 515

Boys and Girls Country of Houston Inc (BGC)

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

Camp Allen

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

Camp Allen

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

Camp Allen

18800 FM 362
Navasota,TX77868 		N/A   Designated Grant: General operating and support 11,000

Camp Allen

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

Center for Reproductive Rights Inc

199 Water Street
New York,NY10038 		N/A   Designated Grant: General operating and support 8,000

Central Texas Food Bank

6500 Metropolis Drive
Austin,TX78744 		N/A   Designated Grant: General operating and support 15,000

Centre College

600 West Walnut Street
Danville,KY40422 		N/A   Designated Grant: General operating and support 4,849

Childrens Museum Inc DBA Children's Museum Houston

1500 Binz St
Houston,TX77004 		N/A   Designated Grant: General operating and support 15,500

Childrens Museum Inc DBA Children's Museum Houston

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

Christ Church Cathedral

1117 Texas Avenue
Houston,TX77002 		N/A   Designated Grant: General operating and support 2,000

Circle Ten Council Scouting America

8605 Harry Hines Blvd
Dallas,TX75235 		N/A   Designated Grant: General operating and support 25,000

Circle Ten Council Scouting America

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

Circle Ten Council Scouting America

8605 Harry Hines Blvd
Dallas,TX75235 		N/A   Designated Grant: General operating and support 15,000

Community Foundation of Acadiana (CFA)

1035 Camellia Boulevard
Lafayette,LA70508 		N/A   Designated Grant: General operating and support 8,699

Congregation Shma Koleinu

PO Box 1808
Bellaire,TX774021808 		N/A   Designated Grant: General operating and support 50

C-Stem Teacher and Student Support Services DBA C-STEM

3226 Alabama St
Houston,TX77004 		N/A   Designated Grant: General operating and support 2,500

Dallas 24 Hour Club Inc

4636 Ross Avenue
Dallas,TX75204 		N/A   Designated Grant: General operating and support 5,000

Dartmouth College

6066 Development Office
Hanover,NH03755 		N/A   Designated Grant: General operating and support 10,000

Dartmouth College

6066 Development Office
Hanover,NH03755 		N/A   Designated Grant: General operating and support 5,000

Dartmouth College

6066 Development Office
Hanover,NH03755 		N/A   Designated Grant: General operating and support 25,700

Dartmouth College

6066 Development Office
Hanover,NH03755 		N/A   Designated Grant: General operating and support 10,000

Dartmouth College

6066 Development Office
Hanover,NH03755 		N/A   Designated Grant: General operating and support 5,000

DeafBlind Community of Texas

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

DeafBlind Community of Texas

213 S Roy Reynolds Drive
Harker Heights,TX76548 		N/A   Designated Grant: General operating and support 8,000

Dogwood Arts Festival Inc

123 W Jackson Ave
Knoxville,TN37902 		N/A   Designated Grant: General operating and support 500

East Tennessee Foundation

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

Enjoyable Pain of Growth Academy DBA EPOG Academy

619 Jackson Hill Street
Houston,TX77007 		N/A   Designated Grant: General operating and support 5,000

Environment America Research and Policy Center Inc

1543 Wazee St Ste 410
Denver,CO80202 		N/A   Designated Grant: General operating and support 4,500

Environmental Defense Fund Incorporated

257 Park Avenue South
New York,NY10010 		N/A   Designated Grant: General operating and support 10,000

Episcopal High School

4650 Bissonnet
Bellaire,TX77401 		N/A   Designated Grant: General operating and support 13,500

Ex-Students' Assn Univ Texas

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

Families Empowered

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

FotoFest Inc

2000 Edwards St Bldg C Ste 2
Houston,TX77007 		N/A   Designated Grant: General operating and support 15,000

FotoFest Inc

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

Friends of MHMRA of Harris County DBA The Harris Center Foundation for Ment

9401 Southwest Fwy
Houston,TX77074 		N/A   Designated Grant: General operating and support 1,510

Growing Communities Inc

3753 Degnan Boulevard
Los Angeles,CA90018 		N/A   Designated Grant: General operating and support 10,000

Helen Keller Services

180 Livingston Street 2nd Floor
Brooklyn,NY11201 		N/A   Designated Grant: General operating and support 7,000

Helen Keller Services

180 Livingston Street 2nd Floor
Brooklyn,NY11201 		N/A   Designated Grant: General operating and support 5,000

Houston Area Parkinson Society

2700 Southwest Freeway Suite 296
Houston,TX77098 		N/A   Designated Grant: General operating and support 5,000

Houston Area Parkinson Society

2700 Southwest Freeway Suite 296
Houston,TX77098 		N/A   Designated Grant: General operating and support 10,000

Houston Area Women's Center

3077 El Camino St
Houston,TX77054 		N/A   Designated Grant: General operating and support 9,000

Houston Ballet Foundation

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

Houston Food Bank

535 Portwall Street
Houston,TX77029 		N/A   Designated Grant: General operating and support 24,000

Houston Grand Opera Association Inc

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

Houston Livestock Show and Rodeo

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

Houston Petset

4265 San Felipe Suite 1100
Houston,TX77027 		N/A   Designated Grant: General operating and support 100

Houston Public Media Foundation

4343 Elgin
Houston,TX77204 		N/A   Designated Grant: General operating and support 10,000

Houston SPCA

7007 Old Katy Road
Houston,TX77024 		N/A   Designated Grant: General operating and support 2,500

Houston SPCA

7007 Old Katy Road
Houston,TX77024 		N/A   Designated Grant: General operating and support 1,100

Houston Symphony

615 Louisiana St Ste 102
Houston,TX77002 		N/A   Designated Grant: General operating and support 5,704

Houston Zoo

1513 Cambridge St
Houston,TX77030 		N/A   Designated Grant: General operating and support 1,500

Houston Zoo

1513 Cambridge St
Houston,TX77030 		N/A   Designated Grant: General operating and support 2,500

Howard University

2218 6th Street Northwest
Washington,DC20059 		N/A   Designated Grant: General operating and support 20,000

Howard University

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

Humane World for Animals Inc

1255 23rd St NW Suite 450
Washington,DC20037 		N/A   Designated Grant: General operating and support 546

Interfaith Health Center

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

Junior League of Houston Inc

1811 Briar Oaks Lane
Houston,TX77027 		N/A   Designated Grant: General operating and support 1,000

Keep Knoxville Beautiful

5100 West Martin Mill Pike
Knoxville,TN37920 		N/A   Designated Grant: General operating and support 7,500

Knoxville Jewish Alliance Inc

6800 Deane Hill Dr
Knoxville,TN37919 		N/A   Designated Grant: General operating and support 750

Knoxville Leadership Foundation Inc

318 North Gay Street
Knoxville,TN37917 		N/A   Designated Grant: General operating and support 500

Knoxville Museum of Art

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

Knoxville Symphony Orchestra

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

Laity Lodge Youth Camp

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

Lakeshore Park Conservancy

PO Box 10244
Knoxville,TN37939 		N/A   Designated Grant: General operating and support 7,500

Lensic Performing Arts Center

211 West San Francisco St
Santa Fe,NM87501 		N/A   Designated Grant: General operating and support 204

Main Street Theater Houston

2540 Times Blvd
Houston,TX77005 		N/A   Designated Grant: General operating and support 10,000

Manned Space Flight Education Foundation

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

MD Anderson Cancer Center

PO Box 4486
Houston,TX772104486 		N/A   Designated Grant: General operating and support 5,000

Meals on Wheels Atlanta

1705 Commerce Drive Northwest
Atlanta,GA30318 		N/A   Designated Grant: General operating and support 3,750

Midtown Assistance Center Inc

613 Spring Street Northwest
Atlanta,GA30308 		N/A   Designated Grant: General operating and support 3,750

Mobile Loaves & Fishes Inc

9301 Hog Eye Road Suite 950
Austin,TX78724 		N/A   Designated Grant: General operating and support 15,000

Museum of Fine Arts Houston Bayou Bend Collection and Gardens

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

Museum of Fine Arts Houston Glassell School of Art

PO Box 6826
Houston,TX77265 		N/A   Designated Grant: General operating and support 38,000

National Fallen Firefighters Foundation

PO Drawer 498
Emmitsburg,MD21727 		N/A   Designated Grant: General operating and support 5,000

National Museum of African American History & Culture

1400 Constitution Avenue Northwest
Washington,DC20560 		N/A   Designated Grant: General operating and support 10,000

National Society of the Colonial Dames of America in TX DBA The Neill-Cochr

2310 San Gabriel Street
Austin,TX78705 		N/A   Designated Grant: General operating and support 7,000

National Women's Law Center

1350 I Street Suite 700
Washington,DC20005 		N/A   Designated Grant: General operating and support 8,000

Natural Resources Defense Council

40 West 20th Street
New York,NY10011 		N/A   Designated Grant: General operating and support 5,000

Northwestern University

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

One Simple Wish

1977 N Olden Ave 292
Trenton,NJ08618 		N/A   Designated Grant: General operating and support 25,000

Orange Show Foundation

PO Box 230309
Houston,TX77223 		N/A   Designated Grant: General operating and support 2,500

Peace Thru Culture Inc

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

Planned Parenthood Gulf Coast Inc

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

Planned Parenthood of Greater Texas

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

Precinct4Forward

PO Box 27575
Houston,TX77227 		N/A   Designated Grant: General operating and support 10,000

RAICES

PO Box 786100
San Antonio,TX782786100 		N/A   Designated Grant: General operating and support 3,000

Reading Partners North Texas

7950 Elmbrook Drive
Dallas,TX75247 		N/A   Designated Grant: General operating and support 5,000

Ronald McDonald House Charities of Central Texas Inc

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

Rosedale Foundation

PO Box 301746
Austin,TX78703 		N/A   Designated Grant: General operating and support 7,000

Sam Houston State University (SHSU)

Box 2537
Huntsville,TX773412537 		N/A   Designated Grant: General operating and support 15,000

Sam Houston State University (SHSU)

Box 2537
Huntsville,TX773412537 		N/A   Designated Grant: General operating and support 7,177

Samaritan's Purse

PO Box 3000
Boone,NC28607 		N/A   Designated Grant: General operating and support 2,500

Save the Children

501 Kings Highway East Suite 400
Fairfield,CT06825 		N/A   Designated Grant: General operating and support 5,000

School Year Abroad Inc

120 Water St Ste 310
North Andover,MA01845 		N/A   Designated Grant: General operating and support 20,000

School Year Abroad Inc

120 Water St Ste 310
North Andover,MA01845 		N/A   Designated Grant: General operating and support 10,000

Sea Shepherd Conservation Society

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

SEARCH Homeless Services

1712 Pease Street
Houston,TX77003 		N/A   Designated Grant: General operating and support 7,500

SEARCH Homeless Services

1712 Pease Street
Houston,TX77003 		N/A   Designated Grant: General operating and support 7,500

Sequoyah Hills Presbyterian Church

3700 Keowee Avenue SW
Knoxville,TN37919 		N/A   Designated Grant: General operating and support 1,000

Shoal Creek Conservancy

PO Box 11520
Austin,TX78711 		N/A   Designated Grant: General operating and support 10,000

Southern Methodist University

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

Space Workforce Incubator for Texas

4830 Twin Valley Drive
Austin,TX78731 		N/A   Designated Grant: General operating and support 10,000

St Andrew's Episcopal Church

1819 Heights Boulevard
Houston,TX77008 		N/A   Designated Grant: General operating and support 6,000

St John's School

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

St John's School

2401 Claremont
Houston,TX770199961 		N/A   Designated Grant: General operating and support 5,000

St John's School

2401 Claremont
Houston,TX770199961 		N/A   Designated Grant: General operating and support 500

St John's School

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

Stanford University

326 Galvez Street
Stanford,CA943056105 		N/A   Designated Grant: General operating and support 2,000

Stephen Siller Tunnel to Towers Foundation DBA Tunnel to Towers Foundation

2361 Hylan Boulevard
Staten Island,NY10306 		N/A   Designated Grant: General operating and support 550

Tallowood Baptist Church

555 Tallowood Road
Houston,TX77024 		N/A   Designated Grant: General operating and support 6,000

Target Hunger

1260 Shotwell Street
Houston,TX77020 		N/A   Designated Grant: General operating and support 25,000

Target Hunger

1260 Shotwell Street
Houston,TX77020 		N/A   Designated Grant: General operating and support 5,000

Texas Lyceum

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

Texas State University Development Foundation

601 University Dr
San Marcos,TX786664684 		N/A   Designated Grant: General operating and support 7,000

The Awty International School

7455 Awty School Lane
Houston,TX77055 		N/A   Designated Grant: General operating and support 1,800

The Beacon of Downtown Houston DBA The Beacon

1117 Texas Ave
Houston,TX77002 		N/A   Designated Grant: General operating and support 10,000

The Blue Bird Circle

615 West Alabama Street
Houston,TX77006 		N/A   Designated Grant: General operating and support 5,000

The Community Foundation of the Texas Hill Country Inc

241 Earl Garrett Street
Kerrville,TX78028 		N/A   Designated Grant: General operating and support 1,000

The Lilith Fund

PO Box 684949
Austin,TX78768 		N/A   Designated Grant: General operating and support 5,000

The Lilith Fund

PO Box 684949
Austin,TX78768 		N/A   Designated Grant: General operating and support 2,000

The Nashville Food Project

5904 California Ave
Nashville,TN37209 		N/A   Designated Grant: General operating and support 10,000

The National World War II Museum Inc

945 Magazine St
New Orleans,LA70130 		N/A   Designated Grant: General operating and support 5,792

The Nehemiah Center Inc

5015 Fannin St
Houston,TX77004 		N/A   Designated Grant: General operating and support 1,500

The Philanthropy Workshop Inc DBA Forward Global

110 East 25th Street
New York,NY10010 		N/A   Designated Grant: General operating and support 2,500

The Salvation Army

1500 Austin
Houston,TX77002 		N/A   Designated Grant: General operating and support 40,000

The Texas Tribune

919 Congress Ave Sixth Floor
Austin,TX78701 		N/A   Designated Grant: General operating and support 10,000

The University of North Carolina at Chapel Hill Arts and Sciences Foundatio

523 E Franklin Street
Chapel Hill,NC27514 		N/A   Designated Grant: General operating and support 5,000

Touch Base Center for the Deafblind

15 Azalea Trail Lane
Bellaire,TX77401 		N/A   Designated Grant: General operating and support 6,000

Touch Base Center for the Deafblind

15 Azalea Trail Lane
Bellaire,TX77401 		N/A   Designated Grant: General operating and support 5,000

Transgender Law Center

PO Box 70976
Oakland,CA946120976 		N/A   Designated Grant: General operating and support 8,000

Transmit Receive Labs Inc

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

Twelve Days of Christmas Inc

1415 S Voss Rd Suite 110 PMB 215
Houston,TX77057 		N/A   Designated Grant: General operating and support 2,500

University of Arizona Foundation

1111 North Cherry Avenue
Tucson,AZ857210109 		N/A   Designated Grant: General operating and support 19,000

University of Arizona Foundation

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

University of North Carolina at Wilmington

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

University of Texas at Austin The McCombs School of Business

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

Ursuline Academy of Dallas Foundation Inc

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

Waterfront Botanical Gardens Inc

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

Waterloo Greenway Conservancy

1111 Red River St
Austin,TX78701 		N/A   Designated Grant: General operating and support 15,000

Waterloo Greenway Conservancy

1111 Red River St
Austin,TX78701 		N/A   Designated Grant: General operating and support 2,500

Waterloo Greenway Conservancy

1111 Red River St
Austin,TX78701 		N/A   Designated Grant: General operating and support 15,000

Waterloo Greenway Conservancy

1111 Red River St
Austin,TX78701 		N/A   Designated Grant: General operating and support 5,000

Zilker 351

11675 Jollyville Road
Austin,TX78759 		N/A   Designated Grant: General operating and support 30,000

Austin Together Fund DBA Austin Together

3908 Ave B
Austin,TX78751 		N/A   Other: General operating, support, programs, and initiatives 1,000

Christ Church Cathedral

1117 Texas Avenue
Houston,TX77002 		N/A   Other: General operating and support 12,500

Grantmakers for Education

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

National Center for Family Philanthropy Inc

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

Philanthropy Southwest

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

Randolph College

2500 Rivermont Avenue
Lynchburg,VA245031526 		N/A   Other: General operating and support 12,500
Total ................................. 3a 20,425,720
bApproved for future payment

Austin 2030 Network co Social Good Fund Inc
PO Box 5332
Austin,TX78763 		N/A   Post-Secondary Pathways: Post-Secondary Access and Success 178,000

Boys & Girls Club of Walker County
PO Box 8600
Huntsville,TX77340 		N/A   Post-Secondary Pathways: Post-Secondary Access and Success 150,000

Boys & Girls Club of Walker County
PO Box 8600
Huntsville,TX77340 		N/A   Post-Secondary Pathways: Post-Secondary Access and Success 150,000

Communities In Schools of Central Texas
2521 East St Elmo Rd
Austin,TX78744 		N/A   Quality Public K-12 Schools: Student Supports 100,000

Trees For Houston
1911 W 34th Street
Houston,TX77018 		N/A   Conservation: Environmental Protection 100,000

Trees For Houston
1911 W 34th Street
Houston,TX77018 		N/A   Conservation: Environmental Protection 100,000

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

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

Coastal Prairie Conservancy
5615 Kirby Dr Ste 867
Houston,TX77005 		N/A   Conservation: Environmental Protection 50,000

Coastal Prairie Conservancy
5615 Kirby Dr Ste 867
Houston,TX77005 		N/A   Conservation: Environmental Protection 50,000

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

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

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

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

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

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

Houston Grand Opera Association Inc
510 Preston St 5th Fl
Houston,TX77002 		N/A   Arts: Student Education Programs 50,000

Houston Grand Opera Association Inc
510 Preston St 5th Fl
Houston,TX77002 		N/A   Arts: Student Education Programs 50,000

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

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

Main Street Theater Houston
2540 Times Blvd
Houston,TX77005 		N/A   Arts: Student Education Programs 50,000

Main Street Theater Houston
2540 Times Blvd
Houston,TX77005 		N/A   Arts: Student Education Programs 50,000

Urban Harvest Inc
1911 W 34th Street
Houston,TX77018 		N/A   Human Services: Stabilization and Empowerment 50,000

Zilker 351
11675 Jollyville Road
Austin,TX78759 		N/A   Conservation: Connecting People to Nature 50,000

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

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

Sam Houston State University (SHSU)
Box 2537
Huntsville,TX773412537 		N/A   Arts: Student Education Programs 35,000

Houston Metropolitan Dance Center Inc
P O Box 980457
Houston,TX77098 		N/A   Arts: Student Education Programs 30,000

Houston Metropolitan Dance Center Inc
P O Box 980457
Houston,TX77098 		N/A   Arts: Student Education Programs 30,000

A Time 2 Read Inc
PO Box 7403
Huntsville,TX77342 		N/A   Quality Public K-12 Schools: Student Supports 25,000
Total ................................. 3b 1,868,000
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 ........... 		    14 72,501  
4 Dividends and interest from securities ....     14 7,121,880  
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 41,861,420  
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 49,055,801 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
49,055,801
(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:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax compliance 7,000 3,500   3,300

TY 2025 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 1,418,825 1,418,825
1,500,000 Amazon.com Inc Note 3.600% 04/13/2032 1,466,085 1,466,085
500,000 Enterprise Products Operating LLC Note 3.950% 02/15/2027 507,926 507,926
1,500,000 Home Depot Inc Note 2.950% 06/15/2029 1,453,397 1,453,397
1,500,000 JPMorgan Chase & Co Note 2.950% 10/01/2026 1,501,328 1,501,328
1,500,000 Mastercard Inc Note 3.350% 03/26/2030 1,477,995 1,477,995
1,500,000 Morgan Stanley Ser I Mtn 3.625% 01/20/2027 1,520,418 1,520,418
500,000 PepsiCo Inc Note 2.375% 10/06/2026 497,799 497,799
1,000,000 PepsiCo Inc Note 2.625% 07/29/2029 965,553 965,553
500,000 Philip Morris International Inc Note 2.750% 02/25/2026 503,897 503,897
1,000,000 Philip Morris International Inc Note 3.375% 08/15/2029 988,300 988,300
500,000 State Street Corp Note 2.650% 05/19/2026 499,416 499,416
1,500,000 Union Pacific Corp Note 5.100% 02/20/2035 1,575,852 1,575,852
1,500,000 Visa Inc Note 2.050% 04/15/2030 1,396,527 1,396,527
1,500,000 Wells Fargo & Co Note 3.000% 10/23/2026 1,497,535 1,497,535

TY 2025 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 4,966,496 4,966,496
9,875 Adobe Inc 3,456,151 3,456,151
78,500 Alphabet Inc Class C 24,633,300 24,633,300
92,900 Amazon.com Inc 21,443,178 21,443,178
58,975 Apple Inc 16,032,943 16,032,943
2,893,356 Artisan International Fund Inst 86,974,278 86,974,278
6,775 ASML Holding NV 7,248,301 7,248,301
66,200 AstraZeneca PLC 6,085,766 6,085,766
12,440 Automatic Data Processing Inc 3,221,089 3,221,089
58,600 BAE Systems PLC 5,442,768 5,442,768
9,905 BlackRock Inc 9,638,412 9,638,412
14,975 Broadridge Financial Solutions Inc 3,356,571 3,356,571
56,235 Canadian Pacific Kansas City Ltd 4,149,782 4,149,782
39,939 Chevron Corporation 6,087,103 6,087,103
11,200 CME Group Inc 3,058,496 3,058,496
50,033 Coca-Cola Co 3,497,807 3,497,807
41,700 Costar Group Inc 2,803,908 2,803,908
7,000 Deere & Co 3,270,330 3,270,330
21,200 Eaton Corp Plc 6,752,412 6,752,412
6,100 Eli Lilly And Co 6,555,548 6,555,548
49,250 EOG Resources Inc 5,171,742 5,171,742
13,500 Gartner Inc Com 3,405,780 3,405,780
8,500 Home Depot Inc 2,924,850 2,924,850
42,175 Intercontinental Exchange Inc 6,830,663 6,830,663
14,150 Intuit Inc 9,373,243 9,373,243
13,425 Intuitive Surgical, Inc. 7,603,383 7,603,383
25,000 LVMH Moet Hennessy Louis Vuitton 3,770,250 3,770,250
13,250 Marriott International Inc 4,110,680 4,110,680
15,100 Mastercard Inc 8,620,288 8,620,288
19,830 McDonald's Corp 6,060,643 6,060,643
20,050 Meta Platforms Inc 13,234,805 13,234,805
48,960 Microsoft Corp 23,678,035 23,678,035
124,750 Nvidia Corp 23,265,875 23,265,875
17,000 Old Dominion Freight Line Inc 2,665,600 2,665,600
13,825 Otis Worldwide Corp 1,207,614 1,207,614
32,525 Philip Morris International 5,264,822 5,264,822
20,960 Progressive Corp 4,773,011 4,773,011
13,815 S&P Global Inc 7,219,581 7,219,581
32,500 Servicenow Inc 4,978,675 4,978,675
9,175 Sherwin-Williams Co 2,972,975 2,972,975
27,925 Taiwan Semiconductor Manufacturing 8,508,340 8,508,340
39,895 Texas Instruments Inc 6,921,384 6,921,384
18,445 UnitedHealth Group Inc 6,088,879 6,088,879
650,253 Vanguard Mid-Cap Index Fund Inst 51,617,074 51,617,074
9,950 Verisk Analytics, Inc. 2,225,716 2,225,716
27,725 Visa Inc 9,723,435 9,723,435
10,000 Zoetis Inc 1,258,200 1,258,200

TY 2025 InvestmentsGovtObligationsSch
Name:
The Powell Foundation
EIN:
74-6104592
US Government Securities - End of Year Book Value:

7,651,813
US Government Securities - End of Year Fair Market Value:

7,651,813
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 Powell Foundation
EIN:
74-6104592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
General counsel 7,138 0   6,713


TY 2025 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 18,548 18,548   0
Dues and subscriptions 2,830 142   1,900
Insurance 7,051 353   9,827
Office expense 21,291 1,065   20,893
Payroll processing fees 10,813 541   10,272
Software expense 13,653 0   13,872
Technology expense 6,595 330   7,164
Telephone 5,118 256   4,561


TY 2025 OtherIncreasesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Description Amount
Unrealized appreciation in value of investments 11,364,579
Difference between cost and fair market value of noncash grants 3,661,372


TY 2025 OtherProfessionalFeesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative consultation and support 34,160 0   34,160
Human resources and recruitment 51,069 0   51,069
Information technology services 21,113 0   21,443
Investment management fees 752,870 752,870   0
Professional development 21,716 0   16,248
Strategic planning 23,536 0   23,536


TY 2025 TaxesSchedule
Name:
The Powell Foundation
EIN:
74-6104592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise tax 668,638 0   0
Foreign tax 89,296 89,296   0