Albert and Margaret Alkek Foundation logo

Albert and Margaret Alkek Foundation

Foundation · Grantmaker Houston, TX EIN: 76-0491186 Website

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

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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

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.

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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

6states

Share of all 58 itemized 2024 grant dollars.

Cities

HoustonBanderaSan AntonioDallasAustinGeorgetownKingsvilleSan MarcosArlingtonCollege StationGreenwood VillageNew BraunfelsBellaireColorado SpringsIngramNew OrleansNew YorkLa GrangeRestonSinton

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M20202021202220232024
Metric202420232022
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

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M47 grants202046 grants202146 grants202252 grants202358 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Baylor College of Medicine: $8.7M across 4 grantsBaylor College of Medicine$8.7M · 4 grantsThe University of Texas MD Anderson Cancer Center: $1.0MThe University of Texas MDAnderson Cancer Center$1.0MTmi - the Episcopal School of Texas: $690K across 2 grantsTmi - the Episcopal School ofTexas$690K · 2 grantsHouston Symphony Society: $400KHouston Symphony Society$400KAmazing Place: $300KAmazing Place$300KSt Mary's University: $200KSt Mary's University$200KTexas State University: $200KTexas State University$200KTexas A&M Foundation: $150KTexas A&M Foundation$150KSouthwestern University: $125KSouthwestern University$125KStar of Hope: $125KStar of Hope$125K

Grant Size Distribution

249 grants across all recorded years

106<$50K62$50–100K50$100–250K6$250–500K7$500K–1M15$1–5M3$5M+

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).

RecipientPurposeAmount
BAYLOR COLLEGE OF MEDICINE Houston, TXMEDICAL RESEARCH, EDUCATION AND PATIENT CARE$8,093,300
THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER Houston, TXMEDICAL RESEARCH$1,000,000
BAYLOR COLLEGE OF MEDICINE Houston, TXCONSTRUCTION OF THE LILLIE AND ROY CULLEN TOWER$564,500
TMI - THE EPISCOPAL SCHOOL OF TEXAS San Antonio, TXMOMENTUM CAMPAIGN$500,000
HOUSTON SYMPHONY SOCIETY Houston, TXOPERATIONAL SUPPORT$400,000
AMAZING PLACE Houston, TXAMAZING TOGETHER CAMPAIGN$300,000
ST MARY'S UNIVERSITY San Antonio, TXRENOVATIONS TO THE ALBERT B. ALKEK BUILDING$200,000
TEXAS STATE UNIVERSITY San Marcos, TXTECHNOLOGY AND PROGRAMS FOR THE ALKEK LIBRARY$200,000
TMI - THE EPISCOPAL SCHOOL OF TEXAS San Antonio, TXALKEK SCHOLARSHIPS$190,000
TEXAS A&M FOUNDATION College Station, TXALKEK 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

Scott B Seaman — Director/Treasurer/Executive Dir: $443KScott B SeamanDirector/Treasurer/Executive Dir$443KCharles a Williams — Director/President: $150KCharles a WilliamsDirector/President$150KSandra Bacak — Assistant Secretary/Controller: $139KSandra BacakAssistant Secretary/Controller$139KRanda D Williams — Director: $18KRanda D WilliamsDirector$18KPaul Klotman MD — Director: $15KPaul Klotman MDDirector$15KMargaret Alkek Williams — Director: $15KMargaret Alkek WilliamsDirector$15K

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 ↑

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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