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
GOOD NEWS FOUNDATION OF TEXAS
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 368
  Room/suite
City or town
MISSOURI CITY
State or province
TX
Country  
ZIP or foreign postal code
77459
A Employer identification number

84-2034803
B Telephone number (see instructions)

3464351961
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)$13,269,519J 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 9,553 9,553  
4 Dividends and interest from securities... 340,695 337,677  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,059,462
b Gross sales price for all assets on line 6a 24,045,711
7 Capital gain net income (from Part IV, line 2)... 3,059,462
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
20,035 20,035  
12 Total. Add lines 1 through 11........ 3,429,745 3,426,727  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 76,000 19,000   19,000
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
446 446   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
20,000 17,000   3,000
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
67,418 67,418   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
8,175 8,175   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,334 420   10,914
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 183,373 112,459   32,914
25 Contributions, gifts, grants paid....... 1,029,000 1,029,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,212,373 112,459   1,061,914
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,217,372
b Net investment income (if negative, enter -0-) 3,314,268
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.............      
2 Savings and temporary cash investments......... 549,971 316,588 316,588
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 11,799,070 Click to see attachment
List of Attached Documents:
// Content
12,094,375 		12,948,832
c Investments—corporate bonds (attach schedule).......      
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  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
4,107 		Click to see attachment
List of Attached Documents:
// Content
4,099 		Click to see attachment
List of Attached Documents:
// Content
4,099
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,353,148 12,415,062 13,269,519
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue................. 1,942,178  
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)......... 1,942,178 0
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...........    
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 10,410,970 12,415,062
29 Total net assets or fund balances (see instructions)..... 10,410,970 12,415,062
30 Total liabilities and net assets/fund balances (see instructions). 12,353,148 12,415,062
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
10,410,970
2
Enter amount from Part I, line 27a .....................
2
2,217,372
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
12,628,342
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
213,280
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
12,415,062
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 INTERACTIVE BROKERS P    
b INTERACTIVE BROKERS P    
c UBS PJ 57777 P    
d UBS PJ 57777 P    
e ISHARES GOLD TRUST ETF P    
ISHARES SILVER TRUST ETF P    
SECTION 1256 INTERACTIVE BROKERS P    
SECTION 1256 INTERACTIVE BROKERS P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,393,446   9,891,302 -497,856
b 9,194,519   6,035,294 3,159,225
c 3,433,949   3,314,216 119,733
d 2,015,704   1,639,010 376,694
e 138   138 0
147   147 0
    63,685 -63,685
    42,457 -42,457
7,808     7,808
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       -497,856
b       3,159,225
c       119,733
d       376,694
e       0
      0
      -63,685
      -42,457
      7,808
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 3,059,462
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 46,068
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 46,068
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 46,068
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 7,124
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 47,124
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 1,056
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax1,056 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. $ 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 addressN/A
14
The books are in care ofPAMELA J DANIEL Telephone no. (346) 435-1961

Located atPO BOX 368MISSOURI CITYTX ZIP+477459
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)
 
No
(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
 
 
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
C LEN BENCKENSTEIN CHAIRMAN EMERITUS
0.10 		0 0 0
PO BOX 368
MISSOURI CITY,TX77459
PAMELA DANIEL DIRECTOR/SECRETARY/TREASURER
0.25 		19,000 0 0
PO BOX 368
MISSOURI CITY,TX77459
NEAL JOHNSON ELLIS DIRECTOR
0.10 		19,000 0 0
PO BOX 368
MISSOURI CITY,TX77459
JOHN BENCKENSTEIN DIRECTOR/CHAIRMAN
0.10 		19,000 0 0
PO BOX 368
MISSOURI CITY,TX77459
JACOB JOHNSON DIRECTOR
0.10 		0 0 0
PO BOX 368
MISSOURI CITY,TX77459
JAY CHADHA DIRECTOR
0.10 		19,000 0 0
PO BOX 368
MISSOURI CITY,TX77459
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................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
12,240,830
b
Average of monthly cash balances.......................
1b
866,321
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
13,107,151
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
13,107,151
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
196,607
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
12,910,544
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
645,527
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
645,527
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
46,068
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
46,068
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
599,459
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
599,459
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
599,459
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
1,061,914
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
1,061,914
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 7 599,459
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
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...... 24,347
f Total of lines 3a through e ........ 24,347
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,061,914
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..... 599,459
e Remaining amount distributed out of corpus 462,455
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 5 486,802
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 .......... 		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 ...... 		486,802
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 .... 24,347
e Excess from 2025 .... 462,455
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (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

AMAZON OUTREACH INC

PO BOX 260006
PLANO,TX75026 		NONE   SUPPORT GENERAL FUND 200,000

BAYOU CITY BLESSINGS

12535 PERTHSHIRE RD
HOUSTON,TX77024 		NONE   SUPPORT GENERAL FUND 50,000

BONTON FARMS

6911 BEXAR ST
DALLAS,TX75215 		NONE   SUPPORT GENERAL FUND 75,000

BUCKENER PARKWAY PLACE SENIOR

1321 PARK BAYOU DR
HOUSTON,TX77077 		NONE   SUPPORT GENERAL FUND 100,000

CASA EL BUEN SAMARITANO

PO BOX 20487
HOUSTON,TX77225 		NONE   SUPPORT GENERAL FUND 100,000

CHANGING DESTINY PROJECT

15411 TUTBURY CIRCLE
HOUSTON,TX77044 		NONE   SUPPORT GENERAL FUND 119,000

PATHWAYS FOR LITTLE FEET

1885 SAINT JAMES PL STE770
HOUSTON,TX77056 		NONE   SUPPORT GENERAL FUND 70,000

STAR OF HOPE MISSION

2575 REED ROAD
HOUSTON,TX77051 		NONE   SUPPORT GENERAL FUND 80,000

STONEY CREEK RANCH

1912 ZIMMERSCHEIDT RD
NEW ULM,TX78950 		NONE   SUPPORT GENERAL FUND 35,000

THE KING'S ACADEMY

7400 ELDRIDGE PKWY SOUTH
HOUSTON,TX77083 		NONE   SUPPORT GENERAL FUND 125,000

PRESTIGE LEARNING INSTITUTE

6565 ROOKIN ST
HOUSTON,TX77074 		NONE   SUPPORT GENERAL FUND 25,000

PTSD FOUNDATION OF AMERICA

9724 DERRINGTON RD
HOUSTON,TX77064 		NONE   SUPPORT GENERAL FUND 50,000
Total ................................. 3a 1,029,000
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 ........... 		    14 9,553  
4 Dividends and interest from securities ....     14 340,695  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     18 20,035  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    19 3,059,462  
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 3,429,745 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,429,745
(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:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 20,000 17,000   3,000

TY 2025 InvestmentsCorpStockSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 26,981 29,067
ABBVIE INC 21,495 27,419
ADMIRAL GROUP ADR 23,634 23,320
ADVANCED DRAIN SYS INC DEL 22,363 26,504
ADVANCED MICRO DEVICES INC 33,904 37,264
AIA GROUP LTD 28,258 27,818
AIB GROUP PLC 29,740 53,782
ALCON INC 29,637 30,499
ALLEGION PLC 29,424 32,162
ALPHABET INC CL A 111,554 169,646
AMAZON COM INC 131,211 148,417
AMER EXPRESS CO 23,995 32,186
ANALOG DEVICES INC 20,290 26,849
APOLLO DEBT SOLUTIONS 255,000 245,047
APOLLO GLOBAL MGMT INC 22,445 25,767
APPLE INC 112,922 145,173
APPLOVIN CORP CL A 8,767 14,824
APTIV PLC 54,678 49,382
ARES PRIVATE MARKETS FUND INVESTED 255,000 250,000
ARISTA NETWORKS INC 18,695 21,882
ASML HLDG NV EUR 37,327 51,943
ATLASSIAN CORP CL A 15,070 11,026
AUTOMATIC DATA PROCESSNG INC 16,264 15,948
BAE SYSTEMS PLC ORD GDP 16,006 19,135
BANCO BILBAO VIZCAYA 34,782 56,643
BAWAG GROUP AG EUR 22,428 36,949
BENTLEY SYSTEMS INC 26,788 19,502
BERKLEY W R CORP 18,882 24,893
BERKSHIRE HATHAWAY INC NEW 41,766 48,757
BIO RAD LABORATORIES INC 39,273 32,723
BLACKROCK INC 55,044 65,291
BLACKSTONE PRIVATE CREDIT FUND CLASS 255,000 244,207
BLACKSTONE REAL ESTATE INCOME TRUST 153,000 150,814
BOEING COMPANY 20,629 20,409
BOSTON SCIENTIFIC CORP 14,646 14,875
BRIGHT HORIZONS FAMILY 17,990 14,500
BRISTOL MYERS SQUIBB CO 49,219 51,459
BRITISH AMER TOBACCO PLC 31,875 42,975
BROADCOM INC 88,761 130,134
BROADRIDGE FINANCIAL SOLUTIONS INC 22,588 25,888
BURLINGTON STORES INC 17,033 18,198
CANADIAN PAC RAILWAY LTD 34,796 34,532
CAPITAL ONE FINCL CORP 58,174 66,407
CELSIUS HOLDINGS INC COM NEW 9,144 9,605
CHOICE HOTELS INTL INC NEW 18,872 14,956
CHUBB LTD CHF 13,958 15,606
CHUGAI PHARMACEUTICAL LTD ADR 16,006 18,258
CISCO SYSTEMS INC 25,807 26,498
COATUE INNOVATION FUND INVESTED 204,000 200,000
COCA COLA CO COM 21,966 23,490
DANONE SPON ADR 30,657 36,423
DEUTSCHE BOERSE ADR 31,036 28,078
DEVON ENERGY CORP NEW 26,065 24,139
DOLLAR GEN CORP NEW 21,255 25,757
DOMINO'S PIZZA INC 19,382 20,007
DOORDASH INC CL A 16,842 17,212
EATON CORP PLC 53,353 49,051
EQUIFAX INC 20,796 19,528
ERSTE GROUP BANK AG ORD EUR 24,802 40,807
EXPAND ENERGY CORP 35,462 38,185
EXXON MOBIL CORP 21,817 23,827
FANUC CORP 29,314 37,012
FIRST CITIZENS BANCSHS 31,230 34,339
FIRST HORIZON CORP 29,325 33,532
GALP ENERGIA SGPS SA B SHRS 20,794 20,773
GATES INDL CORPRATIN PLC 42,046 43,863
GERDAU S A SPON ADR 13,110 15,882
GLENCORE PLC UNSPONSORED ADR 29,698 32,298
GRACO 17,752 18,689
HALEON PLC GBP 18,517 20,235
HAMILTON LANE INC CL A 14,391 14,505
HDFC BANK LTD 30,416 31,351
HEICO CORP CLA 31,598 43,670
HENRY JACK & ASSOC INC 38,405 45,438
HOME DEPOT INC 33,977 31,657
HOULIHAN LOKEY INC 27,606 34,838
INFINEON TECHNOLOGIES ADR 28,210 36,767
INGERSOLL RAND INC 37,655 41,749
INTL FLAVORS&FRGRNCS 26,847 28,371
ISHARES BROAD USD HIGH YIELD BOND ETF 298,629 301,852
ISHARES CORE MSCI EMERGING 149,433 167,983
ISHARES CORE S&P 500 ETF 289,050 301,374
ISHARES CORE S&P SMALL-CAP ETF 145,843 153,590
ISHARES GOLD TR 152,435 147,973
ITOCHU CORP 23,112 33,256
JOHNSON & JOHNSON COM 28,518 35,182
JOHNSON CTLS INTL PLC 14,202 16,765
JPMORGAN CHASE & CO 31,579 47,044
KNORR BREMSE AG EUR 32,841 41,244
KONINKLIJKE PHILIPS NV SPN ADR 32,127 33,606
KRAFT HEINZ CO/THE 29,148 24,008
KRANESHARES CSI CHINA INTERNET 86,232 73,310
LENNOX INC 22,886 26,221
LIBERTY MEDIA GROUP 14,106 15,368
LILLY ELI & CO 36,245 54,809
LINDE PLC NEW EUR 32,446 32,832
LPL FINL HLDGS INC 19,594 28,216
LVMH MOET HENNESSY LOUIS ADR 30,830 33,480
LYFT INC CL A 9,734 10,886
MARSH & MCLENNAN COS INC 39,938 37,104
MARVELL TECHNOLOGY INC 10,493 13,257
MASTERCARD INC CL A 33,620 41,674
MCDONALDS CORP 27,732 28,424
MERCADOLIBRE INC 22,029 20,143
META PLATFORMS INC 51,316 62,709
MICRON TECHNOLOGY INC 13,165 28,826
MICROSOFT CORP 211,010 260,188
MORGAN STANLEY 21,242 29,292
MORGAN STANLEY FINANCE 250,000 248,125
NESTLE S A CHAM ET VEVEY CHF 29,283 29,992
NEXTERA ENERGY 57,202 63,261
NIKE INC CL B 16,946 10,194
NORDSON CORP 20,235 21,639
NORTHROP GRUMMAN CORP 29,367 32,502
NOVARTIS AG SPON ADR 39,090 52,528
NTT INC SPON ADR 19,816 18,472
NVIDIA CORP 122,672 201,047
OCCIDENTAL PETROLEUM CRP 24,423 23,685
ORACLE CORP 58,438 64,710
OWENS CORNING NEW 28,044 25,627
PACE INTERNATIONAL EMERGING MARKETS EQUITY 300,092 366,941
PARAMOUNT RESOURCES LTD NEW 13,570 13,239
PENTAIR PLC 20,548 26,243
PHILIP MORRIS INTL INC 25,253 30,155
POOL CORP 31,769 21,045
PRIMERICA INC 23,580 21,961
PROGRESSIVE CORP OHIO 30,680 27,554
PROLOGIS INC 61,012 63,447
QUALCOMM INC 31,031 31,815
REGAL REXNORD CORP 27,709 27,643
REPUBLIC SERVICES INC 4,957 5,934
RESTAURANT BRANDS INTL INC 21,469 21,697
ROLLINS INC 23,177 28,750
ROPER TECHNOLOGIES INC 22,378 19,141
RTX CORP 31,932 39,431
S&P GLOBAL INC 9,677 10,452
SAIA INC 22,962 27,428
SANDOZ GROUP AG SPON ADR 26,460 43,228
SERVICETITAN INC CL A 11,567 12,354
SHIN-ETSU CHEM 28,326 27,172
SHOPIFY INC CL A 27,373 34,609
SITEONE LANDSCAPE SUPPLY 16,711 14,324
SONY GROUP CORP SPONSORED ADR 34,398 40,678
SPOTIFY TECHNOLOGY SA EUR 18,789 17,421
TAIWAN SEMICONDUCTOR MFG CO 31,501 50,142
TAKE-TWO INTERACTIVE SOFTWARE 24,387 32,516
TELEDYNE TECHNOLOGIES INC 30,791 34,219
TESLA INC 14,568 18,888
TEXAS INSTRUMENTS INC 23,619 22,033
THE COOPER COMPANIES INC 49,093 48,684
TJX COS INC 26,411 31,336
T-MOBILE US INC COM 24,335 25,786
TOURMALINE OIL CORP CAD 26,621 26,307
TRANE TECHNOLOGIES PLC 19,449 22,963
UBS FUNDS UBS EMERGING MARKETS EQUITY 337,967 365,180
UBS SELECT GOVERNMENT 3,211,177 3,211,177
UNION PACIFIC CORP 24,807 25,445
UNITEDHEALTH GROUP INC 39,739 28,720
UNIVERSAL DISPLAY CORP 23,036 17,050
UNIVERSAL MUSIC GROUP NV EUR 26,621 26,317
VANECK JP MORGAN EM LOCAL 169,855 174,543
VANGUARD EMERGING MARKETS BOND FUND CLASS 123,045 128,871
VANGUARD FTSE DEVELOPED MKT 213,541 218,145
VANGUARD LONGTERM CORP BOND ETF 19,997 19,797
VANGUARD RUSSELL 1000 VALUE 191,239 199,368
VOYA FINL INC COM 26,958 28,679
VULCAN MATERIALS CO NEW 15,131 16,258
WABTECH INC 23,293 29,670
WALMART INC 16,062 20,054
WALT DISNEY CO 34,875 36,748
WASTE MGMT INC NEW 17,912 17,797
WELLS FARGO & CO 22,240 29,544
WELLTOWER INC REIT 11,107 13,364
WEST PHARMACEUTICAL SERVICES 32,153 30,816
WESTLAKE CORP 17,736 14,788
WISDOMTREE JAPAN HEDGED EQUITY 205,668 227,917
WISE PLC SPON ADR 24,822 22,301
ZEBRA TECHNOLOGIES CORP 26,729 18,212
ZSCALER INC 17,430 16,419
ZURN ELKAY WATER SOLUTION CORP 20,544 23,106

TY 2025 LegalFeesSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 446 446   0


TY 2025 OtherAssetsSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSITS IN TRANSIT 4,107 4,099 4,099


TY 2025 OtherDecreasesSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Description Amount
UNREALIZED GAIN/LOSS AND TIMING DIFFERENCES 213,280


TY 2025 OtherExpensesSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SOFTWARE 1,214 0   1,214
COMMUNICATION 2,769 0   2,769
INSURANCE 5,531 0   5,531
OFFICE EXPENSE 979 0   979
BANK FEES 841 420   421


TY 2025 OtherIncomeSchedule2
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INTERACTIVE BROKERS 20,035 20,035 20,035


TY 2025 OtherProfessionalFeesSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT 67,418 67,418   0


TY 2025 TaxesSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 8,175 8,175   0