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Filing year 2024

ALBERT AND MARGARET ALKEK FOUNDATION

Houston, Texas·EIN 76-0491186·NTEE T20J · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$27.1M
Total assets
$199M
Total expenses
$16.2M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas.

Director/treasurer/executive Dir
Unclassified
$443k
$462k
Director/president
Board President
75th to 90th percentile
$150k
$156k
Assistant Secretary/controller
Board Secretary
Above 90th percentile
$139k
$145k
Director
Unclassified
$18k
$19k
Director
Unclassified
$15k
$16k
Director
Unclassified
$15k
$16k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ALBERT AND MARGARET ALKEK FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$14M

Itemized grants

58

Median grant

$50k

RecipientLocationPurposeAmount
BAYLOR COLLEGE OF MEDICINEHOUSTON, TXMEDICAL RESEARCH, EDUCATION AND PATIENT CARE$8.1M
THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTERHOUSTON, TXMEDICAL RESEARCH$1M
BAYLOR COLLEGE OF MEDICINEHOUSTON, TXCONSTRUCTION OF THE LILLIE AND ROY CULLEN TOWER$565k
TMI - THE EPISCOPAL SCHOOL OF TEXASSAN ANTONIO, TXMOMENTUM CAMPAIGN$500k
HOUSTON SYMPHONY SOCIETYHOUSTON, TXOPERATIONAL SUPPORT$400k
AMAZING PLACEHOUSTON, TXAMAZING TOGETHER CAMPAIGN$300k
ST MARY'S UNIVERSITYSAN ANTONIO, TXRENOVATIONS TO THE ALBERT B. ALKEK BUILDING$200k
TEXAS STATE UNIVERSITYSAN MARCOS, TXTECHNOLOGY AND PROGRAMS FOR THE ALKEK LIBRARY$200k
TMI - THE EPISCOPAL SCHOOL OF TEXASSAN ANTONIO, TXALKEK SCHOLARSHIPS$190k
TEXAS A&M FOUNDATIONCOLLEGE STATION, TXALKEK EARLY CAREER INVESTIGATOR FELLOWSHIPS$150k
SOUTHWESTERN UNIVERSITYGEORGETOWN, TXSCHOLARSHIPS$125k
STAR OF HOPEHOUSTON, TXOPERATIONAL SUPPORT$125k
THE FIRST TEE OF GREATER HOUSTON INCHOUSTON, TXOPERATIONAL SUPPORT$125k
HALO HOUSE FOUNDATIONHOUSTON, TXOPERATIONAL SUPPORT$100k
MENTAL HEALTH AMERICA OF GREATER HOUSTONHOUSTON, TXOPERATIONAL SUPPORT$100k
RIVER OAKS CHAMBER ORCHESTRAHOUSTON, TXOPERATIONAL SUPPORT$100k
THE CHILDREN'S ASSESSMENT CENTERHOUSTON, TXOPERATIONAL SUPPORT$100k
THE NATURE CONSERVANCYARLINGTON, VAOPERATIONAL SUPPORT FOR HOUSTON AREA PROGRAM$100k
PRO-VISION INCHOUSTON, TXOPERATIONAL SUPPORT$75k
SOMEBODY CARES AMERICA INCHOUSTON, TXOPERATIONAL SUPPORT$75k
YMCA OF THE GREATER HOUSTONHOUSTON, TXOPERATIONAL SUPPORT$75k
EPISCOPAL HIGH SCHOOLBELLAIRE, TXALKEK SCHOLARS PROGRAM$71k
ST CHRISTOPHER'S EPISCOPAL CHURCHBANDERA, TXOPERATIONAL SUPPORT$61k
BOBWHITE BRIGADE DBA TEXAS BRIGADESNEW BRAUNFELS, TXOPERATIONAL SUPPORT$60k
BOYS & GIRLS CLUBS OF BANDERA COUNTYBANDERA, TXOPERATIONAL SUPPORT$60k
Compare this foundation's grantees

Up 2%
from 2023

From $434k in 2023 to $443k in 2024.

$434k
2023
$443k
2024
In today's dollarsEst.
Roughly flat in real terms$464k to $462k

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 78%.

$150k in 2023 to $150k in 2024.
  • Board Secretary pay rose 3% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ALBERT AND MARGARET ALKEK FOUNDATION

What does the Board President of ALBERT AND MARGARET ALKEK FOUNDATION earn?

In 2024, the Board President of ALBERT AND MARGARET ALKEK FOUNDATION received $150,000 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at ALBERT AND MARGARET ALKEK FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2024 pay of the Board President at ALBERT AND MARGARET ALKEK FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at ALBERT AND MARGARET ALKEK FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are ALBERT AND MARGARET ALKEK FOUNDATION's revenue and expenses?

In 2024, ALBERT AND MARGARET ALKEK FOUNDATION reported $27.1M in total revenue and $16.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.