FONDREN FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- FONDREN FOUNDATION (EIN 74-6042565)
- Tax period
- 2024-11-01 to 2025-10-31
- Filed
- 2026-02-26
- IRS object ID
- 202610579349100511
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-02-26T11:51:25-05:00 | ReturnTs |
| Tax Period End | 2025-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760167652 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLS & BEDARD PC CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 24 GREENWAY PLZ STE 440 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 770462488 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 746042565 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FONDREN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOND | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 712 MAIN STREET | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT E FONDREN | PersonNm |
| Person Title | CHRMN,ADMIN COMM | PersonTitleTxt |
| Signature | 2026-02-23 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DON BEDARD | PreparerPersonNm |
| PTIN | P00201350 | PTIN |
| Phone | 7138711530 | PhoneNum |
| Preparation | 2026-02-26 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $297,387,751 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $241,673 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $241,648 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $4,549,855 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,549,855 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $8,340,434 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $43,078,269 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $8,273,128 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $52,836 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $51,845 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $13,184,798 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $13,116,476 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $75,205 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $54,402 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $20,803 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,656,522 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,456,522 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $200,000 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $189,158 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $189,158 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $278,680 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $102,471 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $11,539 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $11,539 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $5,500 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $5,500 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,216,604 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,802,553 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $237,842 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $13,002,029 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $13,002,029 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $15,218,633 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,802,553 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $13,239,871 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,033,835 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,313,923 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $104 | CashBOYAmt |
| Cash EOY | $104 | CashEOYAmt |
| Cash EOYFMV | $104 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,963,920 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $9,141,840 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $9,141,840 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $34,914 | PrepaidExpensesEOYAmt |
| Corporate Stock BOY | $64,713,929 | CorporateStockBOYAmt |
| Corporate Stock EOY | $52,463,293 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $67,804,247 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $151,089,962 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $155,784,146 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $220,441,556 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $4 | LandBOYAmt |
| Land EOY | $4 | LandEOYAmt |
| Land EOYFMV | $4 | LandEOYFMVAmt |
| Total Assets BOY | $219,767,919 | TotalAssetsBOYAmt |
| Total Assets EOY | $217,424,301 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $297,387,751 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $326,572 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $18,945 | AccountsPayableEOYAmt |
| Grants Payable BOY | $18,607,593 | GrantsPayableBOYAmt |
| Grants Payable EOY | $21,372,064 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $18,934,165 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $21,391,009 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $200,833,754 | CapitalStockBOYAmt |
| Capital Stock EOY | $196,033,292 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $200,833,754 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $196,033,292 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $219,767,919 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $217,424,301 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $200,833,754 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,033,835 | ExcessRevenueOverExpensesAmt |
| Subtotal | $198,799,919 | SubtotalAmt |
| Other Decreases | $2,766,627 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $196,033,292 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $36,580,446 | $32,782,518 | $3,797,928 | $3,797,928 | ||
| 63636.364 SH ARES STRATEGIC INC FD | P | $1,750,000 | $1,723,273 | $26,727 | $26,727 | 2023-09-01 | 2025-09-23 |
| BAIN CAPITAL | P | $254,067 | $254,067 | $254,067 | 2022-06-30 | 2025-04-17 | |
| ARROWSTREET CAP GLOBAL 98-1296664 | P | $451,666 | $451,666 | $451,666 | |||
| ARROWSTREET CAP GLOBAL 98-1296664 | P | $1,520,573 | $1,520,573 | $1,520,573 | |||
| ARROWSTREET CAP GLOBAL 98-1296664 | P | $155,396 | -$155,396 | -$155,396 | |||
| BLACKSTONE PROPERTY PTRS 47-1944127 | P | $73,318 | -$73,318 | -$73,318 | |||
| BLACKSTONE PROPERTY PTRS 47-1944127 | P | $2,499 | $2,499 | $2,499 | |||
| FINL OPPORTUNITY FD 26-1595395 | P | $343,940 | $343,940 | $343,940 | |||
| FINL OPPORTUNITY FD 26-1595395 | P | $265,250 | $265,250 | $265,250 | |||
| IND FRANCHISE PTRS 83-3931724 | P | $24,572 | $24,572 | $24,572 | |||
| IND FRANCHISE PTRS 83-3931724 | P | $502,191 | $502,191 | $502,191 | |||
| SILCHESTER INTL 87-4403465 | P | $22,374 | $22,374 | $22,374 | |||
| SILCHESTER INTL 87-4403465 | P | $544,343 | $544,343 | $544,343 | |||
| PARTNERS CAP MERLIN CO-INV FD | P | $19 | -$19 | -$19 | |||
| PARTNERS CAP SECONDARIES SMA 2024 | P | $3,311 | -$3,311 | -$3,311 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $8,273,128 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $7,243,292 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $157,264 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $157,264 | SubtotalAmt |
| Tax Based On Investment Income | $157,264 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $192,178 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $192,178 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $34,914 | OverpaymentAmt |
| Applied To ES Tax | $34,914 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JP MORGAN CHASE BANK | IndividualWithBooksNm |
| Phone | 7138711530 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 712 MAIN STREET | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (55 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ROBERT E FONDREN | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | CHRMN,ADMIN | 000.00 | $0 | $0 | $0 |
| DAVID M UNDERWOOD JR | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | SECR,ADMIN C | 000.00 | $0 | $0 | $0 |
| HARPER B TRAMMELL | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | ADMIN COMM T | 000.00 | $0 | $0 | $0 |
| ANN GORDON TRAMMELL | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| LYNDA KNAPP UNDERWOOD | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| R EDWIN ALLDAY | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| MICHAEL E HANSON JR | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| LAURA TRAMMELL BAIRD | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| LELAND T FONDREN | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| WALTER W FONDREN IV | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| MARIE FONDREN HALL | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| CATHERINE UNDERWOOD MURRAY | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| ELLANOR ALLDAY BEARD | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| CELIA WHITFIELD CRANK | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| BENTLEY B FONDREN | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| DUNCAN K UNDERWOOD | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| W TRAMMELL WHITFIELD | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| WILLIAM F WHITFIELD JR | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| FRANCES FONDREN | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| BRADLEY BEARD | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| BRITTANY FONDREN | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| ASHLEY FONDREN TUCK | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| CARRIE TRAMMELL SCARBOROUGH | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| MICHAEL W SPRINGER | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| BURTON M HANSON | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| LAUREN FONDREN | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| LINDSEY FONDREN SMITH | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| EMILY YATES INCERTO | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| ELLANOR J YATES COOK | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| ROBERT E FONDREN JR | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| CHASE FONDREN | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| CATHERINE M FONDREN | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| MARY CATHERINE FONDREN DESKINS | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| JEFF THOMAS | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| REGAN HALL GEORGE | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| BLAKE ALLDAY | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| ERIN HALL | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| ANAH HANSON WITTER | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| CHRISTINA FONDREN THURMOND | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| CARA HALL | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| DAVID M UNDERWOOD III | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| ADELAIDE BEARD CHEATHAM | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| AMELIA CRANK SIMMONS | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| STANLEY A WHITFIELD | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| WILLIAM B WHITFIELD | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| MADELINE C CRANK | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| GABRIELLE CRANK WALZEL | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| CHARLOTTE BAIRD | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| WILLIAM BEARD | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| BERKLEY FONDREN | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| CATHERINE FONDREN MURRAY | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| BERKELEY BAIRD | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| WILLIAM P UNDERWOOD | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| RYAN FONDREN | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| BRYAN TRAMMELL | ||||||||
| PO BOX 2558 | HOUSTON | TX | 77252 | BD OF GOVS | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PARTNERS CAPITAL INVESTMENT GROUP | |||||
| 600 ATLANTIC AVE 30TH FLOOR | BOSTON | MA | 02210 | INVESTMENT COUN | $994,517 |
| JP MORGAN CHASE BANK | |||||
| 712 MAIN ST FLOOR 10 | HOUSTON | TX | 77002 | GRANTS MANAGEME | $200,000 |
| SILCHESTER INTERNATIONAL INVESTORS | |||||
| 780 THIRD AVENUE 42ND FLOOR | NEW YORK | NY | 10017 | INVESTMENT COUN | $86,528 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A-THE FOUNDATION ONLY MAKES GRANTS. | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $51,996,023 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,200,245 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $219,175,522 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $278,371,790 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $278,371,790 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,175,577 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $274,196,213 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $13,709,811 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $13,709,811 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $157,264 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $157,264 | TotalTaxAmt |
| Distributable Before Adj | $13,552,547 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $13,552,547 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $13,552,547 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $13,239,871 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $13,239,871 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $13,552,547 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $390,965 | UndistributedIncomePYAmt |
| Qualifying Distributions | $13,239,871 | QualifyingDistributionsAmt |
| Applied To Year1 | $390,965 | AppliedToYear1Amt |
| Applied To Current Year | $12,848,906 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $703,641 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE FONDREN FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 712 MAIN STREET | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Email Address | FONDREN_FOUNDATION@JPMORGAN.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | SEE ATTACHED | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE ATTACHED | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE ATTACHED. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED STATEMENT 14 | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | SEE ATTACHED | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $13,002,029 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $13,002,029 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED STATEMENT 14 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77252 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $21,372,064 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $21,372,064 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $241,648 | ExclusionAmt |
| Related Or Exempt Function Incm | $25 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,549,855 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $67,306 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $8,273,128 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (12 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| PARTNERS CAP CONDOR FUND XV | 14 | -$933 | ||
| ARROWSTREET CAP 98-1296664 | 14 | -$20,589 | ||
| BLACKSTONE PROP 47-1944127 | 14 | $38,845 | ||
| FIN OPPORTUNITY FD 26-15953 | 14 | $2,615 | ||
| IND FRANCHISE 83-3931724 | 14 | $8,232 | ||
| CRESTLINE LENDING 99-364058 | 14 | $33,579 | ||
| PRIME FINANCE | 14 | $133 | ||
| PARTNERS CAP CONDOR FUND XV | 14 | -$8,734 | ||
| SILCHESTER INT INV 87-44034 | 14 | $6,931 | ||
| PARTNERS CAP MERLIN FUND II | 14 | -$6,789 | ||
| PARTNERS CAP SMA 2024 FUND | 14 | -$1,445 | ||
| FINL OPPORTUNITY FD 26-1595 | 900001 | $991 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $68,297 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $13,116,476 | ExclusionAmt |
| Related Or Exempt Function Incm | $25 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $13,184,798 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING SERVICES | CategoryTxt |
| Amt | $75,205 | Amt |
| Net Investment Income | $54,402 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $20,803 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | Gross Sales PriceGrossSalesPriceAmt | Total NetTotalNetAmt |
|---|---|---|
| SHORT-TERM GAIN/LOSS FROM PASS-THROUGH ENTITY | $38,265 | $38,265 |
| LONG-TERM GAIN/LOSS FROM PASS-THROUGH ENTITY | $29,041 | $29,041 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE ATTACHED STATEMENT 7 | StockNm |
| EOY Book Value | $52,463,293 | EOYBookValueAmt |
| EOYFMV | $67,804,247 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FUNDS - SEE ATTACHED STATEMENT 8 | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $155,784,146 | BookValueAmt |
| EOYFMV | $220,441,556 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MINERAL INTERESTS | CategoryOrItemTxt |
| Cost Or Other Basis | $4 | CostOrOtherBasisAmt |
| Book Value | $4 | BookValueAmt |
| EOYFMV | $4 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| GRANTS APPROVED OVER GRANTS PAID | $2,764,471 |
| NONDEDUCTIBLE EXPENSE | $2,156 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXPENSES | ||
| MEMBERSHIPS | $5,500 | $5,500 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PARTNERS CAP CONDOR FUND XVII | -$933 | -$933 |
| ARROWSTREET CAP 98-1296664 | -$20,589 | -$20,589 |
| BLACKSTONE PROP 47-1944127 | $38,845 | $38,845 |
| FIN OPPORTUNITY FD 26-1595395 | $2,615 | $2,615 |
| IND FRANCHISE 83-3931724 | $8,232 | $8,232 |
| CRESTLINE LENDING 99-3640580 | $33,579 | $33,579 |
| PRIME FINANCE | $133 | $133 |
| PARTNERS CAP CONDOR FUND XVI | -$8,734 | -$8,734 |
| SILCHESTER INT INV 87-4403465 | $6,931 | $6,931 |
| PARTNERS CAP MERLIN FUND III | -$6,789 | -$6,789 |
| PARTNERS CAP SMA 2024 FUND | -$1,445 | -$1,445 |
| FINL OPPORTUNITY FD 26-159539 | $991 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| GRANTS MANAGEMENT FEE | $200,000 | $200,000 | |
| INVESTMENT ADVISORY SERVICES | $1,081,042 | $1,081,042 | |
| CUSTODY FEES | $65,000 | $65,000 | |
| PORTFOLIO DEDUCTIONS FROM K-1S | $310,480 | $310,480 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX | $102,471 | $102,471 |
| FEDERAL EXCISE TAX | $157,264 | |
| FEDERAL TAX | $18,945 |