Albert and Margaret Alkek Foundation
The Albert and Margaret Alkek Foundation is a private foundation based in Houston, Texas. It supports charitable, religious, scientific, cultural, and educational organizations and programs serving people in Texas.
Key facts about Albert and Margaret Alkek Foundation
- EIN
- 76-0491186
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $14,000,000
- Grants made (2024)
- 58
- Average grant
- $241,379
- Median grant
- $50,000
- New grantees (estimate)
- 19% first-time grantees (10 of 54, 2024)
- Total assets
- $198,995,348
- Primary geography
- Texas (98% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- Yes
- How to apply
- accepts unsolicited requests from eligible public charities through a brief, one- to two-page letter of inquiry. Full details ↓
- Deadline
- None; requests are accepted throughout the year.
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Albert and Margaret Alkek Foundation funds
By grant dollars, the top recipient states for Albert and Margaret Alkek Foundation's 58 itemized 2024 grants were Texas (98%). The most frequent recipient cities were Houston, TX (34 grants), Bandera, TX (5 grants), San Antonio, TX (4 grants) and Ingram, TX (2 grants). 67% of grants with a stated purpose were for general or operating support.
Is Albert and Margaret Alkek Foundation open to new grantees?
19%
first-time grantees, 2024
In 2024, 10 of 54 grantees (19%) were first-time recipients. First grants averaged $54K; repeat grants $306K. How we count
Medians: $35K first-time, $50K repeat.
- 76% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+17%). Method
- In 2024 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Albert and Margaret Alkek Foundation
- How to evaluate Albert and Margaret Alkek Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$199.0M
+5.8% YoY
Annual Giving
$14.0M
+3.7% YoY
Grant Count
58
+11.5% YoY
Avg Grant Size
$241K
-7.0% YoY
Under IRS private-foundation payout rules, Albert and Margaret Alkek Foundation reported a distributable amount of $14.8M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Foundation was established to support charitable, religious, scientific, literary, and educational organizations and programs serving Texas. Its website identifies science—primarily medical science—and research and education as areas of emphasis.
Its 2024 grants included medical research, patient care, construction, scholarships administered through institutions, and operational and campaign support. Examples of grantees’ own missions illustrate the range of organizations supported: Baylor College of Medicine says it advances human health through patient care, research, education, and community services; the Houston Symphony says it aims to inspire and engage audiences through orchestral performances, education, and community activities; and St. Mary’s University says it educates leaders for the common good through faith formation and academic programs.
Grantmaking
In 2024, the Foundation reported 58 grants totaling $14 million. Grant amounts ranged from $2,500 to $8,093,300, with a median of $50,000.
Review Cycle
** None; requests are accepted throughout the year.
Ready to take the next step with Albert and Margaret Alkek Foundation?
Geographic Focus
Where this funder awards grants
The Foundation’s guidelines limit grants to organizations and projects serving Texas. In 2024, 98% of grant dollars went to recipients in Texas; the reported shares for Virginia and Colorado were 1% each. New York and Washington, DC, were each reported as 0%.
Grant Distribution by State
Share of all 58 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2024 | $198,995,348 | $27,135,913 | $16,166,595 | $14,000,000 | 58 |
| 2023 | $188,026,030 | $15,269,215 | $15,408,889 | $13,500,000 | 52 |
| 2022 | $190,689,765 | $20,620,233 | $13,709,266 | $12,000,000 | 46 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $198,995,348 | $188,026,030 | $190,689,765 |
| Revenue | $27,135,913 | $15,269,215 | $20,620,233 |
| Expenses | $16,166,595 | $15,408,889 | $13,709,266 |
| Qualifying Distributions | $14,260,728 | $13,757,472 | $12,264,444 |
| Net Investment Income | $25,105,851 | $12,844,885 | $18,879,855 |
| Distributable Amount | $14,773,517 | $13,862,887 | $13,604,138 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
249 grants across all recorded years
Open Grants
1 open opportunity from Albert and Margaret Alkek Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Baylor College of Medicine ($8,692,800 across 4 grants), The University of Texas MD Anderson Cancer Center ($1,000,000), Tmi - the Episcopal School of Texas ($690,000 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| BAYLOR COLLEGE OF MEDICINE Houston, TX | MEDICAL RESEARCH, EDUCATION AND PATIENT CARE | $8,093,300 |
| THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER Houston, TX | MEDICAL RESEARCH | $1,000,000 |
| BAYLOR COLLEGE OF MEDICINE Houston, TX | CONSTRUCTION OF THE LILLIE AND ROY CULLEN TOWER | $564,500 |
| TMI - THE EPISCOPAL SCHOOL OF TEXAS San Antonio, TX | MOMENTUM CAMPAIGN | $500,000 |
| HOUSTON SYMPHONY SOCIETY Houston, TX | OPERATIONAL SUPPORT | $400,000 |
| AMAZING PLACE Houston, TX | AMAZING TOGETHER CAMPAIGN | $300,000 |
| ST MARY'S UNIVERSITY San Antonio, TX | RENOVATIONS TO THE ALBERT B. ALKEK BUILDING | $200,000 |
| TEXAS STATE UNIVERSITY San Marcos, TX | TECHNOLOGY AND PROGRAMS FOR THE ALKEK LIBRARY | $200,000 |
| TMI - THE EPISCOPAL SCHOOL OF TEXAS San Antonio, TX | ALKEK SCHOLARSHIPS | $190,000 |
| TEXAS A&M FOUNDATION College Station, TX | ALKEK EARLY CAREER INVESTIGATOR FELLOWSHIPS | $150,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Charles A. Williams as director and president; Scott B. Seaman as director, treasurer, and executive director; Margaret Alkek Williams and Randa D. Williams as directors; Paul Klotman MD as director; and Sandra Bacak as assistant secretary/controller.
Albert and Margaret Alkek Foundation is led by Charles A. Williams, Director & President on every filing since 2020; all 6 officers listed in 2024 are compensated.
Officers on the 2024 filing
Charles A. Williams
Director & President
On filings since 2020
25 hrs/week
$150K (2020) → $150K (2024)
Scott B. Seaman
Director, Treasurer & Executive Director
On filings since 2020
40 hrs/week
$391K (2020) → $443K (2024)
Margaret Alkek Williams
Director
On filings since 2020
1 hr/week
$15K (2020) → $15K (2024)
Paul Klotman MD
Director
On filings since 2020
1 hr/week
$15K (2020) → $15K (2024)
Randa D. Williams
Director
On filings since 2020
1 hr/week
$18K (2020) → $18K (2024)
Sandra Bacak
Assistant Secretary & Controller
On filings since 2020
40 hrs/week
$123K (2020) → $139K (2024)
Former officers (1)
- Former: Joe M. Bailey (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
Contact
Application contact: Charles Williams
Mailing address: 1100 Louisiana St Ste 5250, Houston, TX 77002
Phone: (713) 652-6601
Website: https://alkek.org
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Albert and Margaret Alkek Foundation fund?
The Foundation was established to support charitable, religious, scientific, literary, and educational organizations and programs serving Texas. Its website identifies science—primarily medical science—and research and education as areas of emphasis. Its 2024 grants included medical research, patient care, construction, scholarships administered through institutions, and operational and campaign support. Examples of grantees’ own missions illustrate the range of organizations supported: Baylor …
How do I apply for a grant from Albert and Margaret Alkek Foundation?
accepts unsolicited requests from eligible public charities through a brief, one- to two-page letter of inquiry. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Albert and Margaret Alkek Foundation make grants?
The Foundation’s guidelines limit grants to organizations and projects serving Texas. In 2024, 98% of grant dollars went to recipients in Texas; the reported shares for Virginia and Colorado were 1% each. New York and Washington, DC, were each reported as 0%.
What size grants does Albert and Margaret Alkek Foundation award?
In 2024, Albert and Margaret Alkek Foundation awarded 58 grants totaling $14.0M — an average of about $241K per grant, based on its IRS Form 990 filings.
How much is Albert and Margaret Alkek Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert and Margaret Alkek Foundation reported a distributable amount of $14.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Albert and Margaret Alkek Foundation's EIN?
Albert and Margaret Alkek Foundation's EIN (Employer Identification Number) is 76-0491186. IRS Form 990 filing data is available on this page for 2020–2024.
Does Albert and Margaret Alkek Foundation accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Explore Open Grants
Browse active grant opportunities in Albert and Margaret Alkek Foundation's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.