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Nonprofit · EIN 75-6081070

POTTS AND SIBLEY FOUNDATION

Also known as BECHTEL R & BULLOCK M TTEES

Tax-exempt · MIDLAND, TX 79708

Financials

$5.4M$2.5M2024
Revenue Expenses · by fiscal year end
Financials of POTTS AND SIBLEY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990-PF$5,369,968$2,451,083$2,918,885$32,673,761$0$32,673,761
Financial details: 990-PF for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$165,810
Dividends
$1,391,775
Net gain from sales of assets
$3,278,889
Other income
$533,494

Expenses

Grants and similar amounts paid
$1,935,500
Compensation of officers, directors and key employees
$363,334
Disbursements for charitable purposes
$2,026,333
Excise tax on investment income
$67,493

Balance sheet and other

Total assets, start of year
$29,754,876
Total assets, end of year
$32,673,761
Total liabilities, end of year
$0
Net assets, end of year
$32,673,761
Fair market value of assets
$46,516,654
Qualifying distributions
$2,026,333
Net investment income
$5,204,158

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ROBERT W BECHTEL
PO BOX 8907, MIDLAND, TX 79708
DIRECTOR/MANAGER20$217,984
W BURGESS WADE
200 N LORAINE ST SUITE 910, MIDLAND, TX 79701
DIRECTOR10$140,350
CHERYL HIGHTOWER MD
PO BOX 8907, MIDLAND, TX 79708
COMMITTEE MEMBER1$1,000
SCOTT DAVIS
PO BOX 8907, MIDLAND, TX 79708
COMMITTEE MEMBER1$1,000
STEPHEN JOHNSON
PO BOX 8907, MIDLAND, TX 79708
COMMITTEE MEMBER1$1,000
EILEEN PIWETZ
PO BOX 8907, MIDLAND, TX 79708
COMMITTEE MEMBER1$1,000
DENNIS RAMBO
PO BOX 8907, MIDLAND, TX 79708
COMMITTEE MEMBER1$1,000

Address and contacts

Address (IRS master file)
PO BOX 8907, MIDLAND, TX 79708-8907
Signed the 990-PF
BURGESS WADE, CO-TRUSTEE
Phone
(432) 686-7051
Return prepared by
SPROLES WOODARD LLP

What it must file and when

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

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990-PF on file
2023July 31, 2024December 16, 2024990-PF on file

IRS record

EIN
75-6081070
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
1968
Accounting year ends
July
Files
Form 990-PF
Assets (IRS master file)
$32,673,761
Income (IRS master file)
$9,163,965

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJuly 2025–––IRS
990-PFJuly 2024$6,726,314$2,088,301$29,754,876IRS
990-PFJuly 2023–––IRS
990-PFJuly 2022–––IRS
990-PFJuly 2021–––IRS
990-PFJuly 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 POTTS AND SIBLEY FOUNDATION

What is the EIN of POTTS AND SIBLEY FOUNDATION?
The employer identification number (EIN) of POTTS AND SIBLEY FOUNDATION is 75-6081070.
Is POTTS AND SIBLEY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to POTTS AND SIBLEY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does POTTS AND SIBLEY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of POTTS AND SIBLEY FOUNDATION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POTTS AND SIBLEY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended July 2025.
Who are the officers and directors of POTTS AND SIBLEY FOUNDATION?
The 990-PF for the year ended July 31, 2025 lists 7 people; 7 received compensation from the organization, the highest $217,984 (ROBERT W BECHTEL, DIRECTOR/MANAGER).
How much revenue does POTTS AND SIBLEY FOUNDATION have?
On its 990-PF for the year ended July 31, 2025 it reported revenue of $5,369,968, expenses of $2,451,083 and total assets of $32,673,761 at year end.

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