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Nonprofit · EIN 73-1645124

WILLIAM PERRY CLEMENTS III FOUNDATION

Also known as BILL AND GIGI CLEMENTS FOUNDATION

Tax-exempt · SAN ANTONIO, TX 78249

Financials

$1.1M$3.1M2024$1.9M$1.2M2025
Revenue Expenses · by fiscal year end
Financials of WILLIAM PERRY CLEMENTS III FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,892,432$1,193,505$698,927$10,437,971$0$10,437,971
December 31, 2024990-PF$1,111,499$3,143,169-$2,031,670$9,962,864$0$9,962,864
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$215,612
Interest
$180
Net gain from sales of assets
$1,420,498
Other income
$256,142

Expenses

Grants and similar amounts paid
$822,000
Disbursements for charitable purposes
$822,000
Excise tax on investment income
$20,219

Balance sheet and other

Total assets, start of year
$9,962,864
Total assets, end of year
$10,437,971
Total liabilities, end of year
$0
Net assets, end of year
$10,437,971
Fair market value of assets
$17,556,708
Qualifying distributions
$822,000
Net investment income
$1,660,552

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM P CLEMENTS III
15727 ANTHEM PKWY SUITE 304, SAN ANTONIO, TX 78249
PRESIDENT/SE0$0
GEORGIA M CLEMENTS
15727 ANTHEM PKWY SUITE 304, SAN ANTONIO, TX 78249
VICE PRESIDE0$0
LORIN RUNNELS
3316 SANDY LANE, MCALLEN, TX 78503
TRUSTEE0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
WILLIAM P CLEMENTS III
15727 ANTHEM PKWY SUITE 304, SAN ANTONIO, TX 78249
PRESIDENT/SE1$0
GEORGIA M CLEMENTS
15727 ANTHEM PKWY SUITE 304, SAN ANTONIO, TX 78249
VICE PRESIDE1$0
LORIN RUNNELS
3316 SANDY LANE, MCALLEN, TX 78503
TRUSTEE1$0

Address and contacts

Address (IRS master file)
15727 ANTHEM PKWY STE 304, SAN ANTONIO, TX 78249-4163
In care of
% WILLIAM PERRY CLEMENTS III
Signed the 990-PF
WILLIAM P CLEMENTS III, PRESIDENT/SECRETARY
Phone
(903) 530-0658
Return prepared by
WILLIAM H SEARIGHT ATTORNEY AT LAW

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
73-1645124
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2002
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$10,437,971
Income (IRS master file)
$2,561,190

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025–––IRS
990-TDecember 2025–––IRS
990-PFDecember 2024–––IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$3,303,838$3,182,905$12,177,410IRS
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about WILLIAM PERRY CLEMENTS III FOUNDATION

What is the EIN of WILLIAM PERRY CLEMENTS III FOUNDATION?
The employer identification number (EIN) of WILLIAM PERRY CLEMENTS III FOUNDATION is 73-1645124.
Is WILLIAM PERRY CLEMENTS III FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to WILLIAM PERRY CLEMENTS III FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WILLIAM PERRY CLEMENTS III FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of WILLIAM PERRY CLEMENTS III FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WILLIAM PERRY CLEMENTS III FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of WILLIAM PERRY CLEMENTS III FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does WILLIAM PERRY CLEMENTS III FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,892,432, expenses of $1,193,505 and total assets of $10,437,971 at year end.

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