Nonprofit · EIN 75-6081070
POTTS AND SIBLEY FOUNDATION
Also known as BECHTEL R & BULLOCK M TTEES
Tax-exempt · MIDLAND, TX 79708
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990-PF | $5,369,968 | $2,451,083 | $2,918,885 | $32,673,761 | $0 | $32,673,761 |
| July 31, 2024 | 990-PF | $6,726,314 | $2,088,301 | $4,638,013 | $29,754,876 | $0 | $29,754,876 |
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT W BECHTEL PO BOX 8907, MIDLAND, TX 79708 | DIRECTOR/MANAGER | 20 | $217,984 |
| W BURGESS WADE 200 N LORAINE ST SUITE 910, MIDLAND, TX 79701 | DIRECTOR | 10 | $140,350 |
| CHERYL HIGHTOWER MD PO BOX 8907, MIDLAND, TX 79708 | COMMITTEE MEMBER | 1 | $1,000 |
| SCOTT DAVIS PO BOX 8907, MIDLAND, TX 79708 | COMMITTEE MEMBER | 1 | $1,000 |
| STEPHEN JOHNSON PO BOX 8907, MIDLAND, TX 79708 | COMMITTEE MEMBER | 1 | $1,000 |
| EILEEN PIWETZ PO BOX 8907, MIDLAND, TX 79708 | COMMITTEE MEMBER | 1 | $1,000 |
| DENNIS RAMBO PO BOX 8907, MIDLAND, TX 79708 | COMMITTEE MEMBER | 1 | $1,000 |
990-PF for the year ended July 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT W BECHTEL PO BOX 8907, MIDLAND, TX 79708 | DIRECTOR/MANAGER | 20 | $181,291 |
| W BURGESS WADE 200 N LORAINE ST SUITE 910, MIDLAND, TX 79701 | DIRECTOR | 10 | $109,204 |
| SCOTT DAVIS PO BOX 8907, MIDLAND, TX 79708 | COMMITTEE MEMBER | 1 | $1,000 |
| STEPHEN JOHNSON PO BOX 8907, MIDLAND, TX 79708 | COMMITTEE MEMBER | 1 | $1,000 |
| EILEEN PIWETZ PO BOX 8907, MIDLAND, TX 79708 | COMMITTEE MEMBER | 1 | $1,000 |
| DENNIS RAMBO PO BOX 8907, MIDLAND, TX 79708 | COMMITTEE MEMBER | 1 | $1,000 |
| CHERYL HIGHTOWER MD PO BOX 8907, MIDLAND, TX 79708 | COMMITTEE MEMBER | 1 | $500 |
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
- Website
- POTTSANDSIBLEYFOUNDATION.ORG
- 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990-PF on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | July 2025 | $5,369,968 | $2,451,083 | $32,673,761 | XML |
| 990-PF | July 2024 | $6,726,314 | $2,088,301 | $29,754,876 | XML |
| 990-PF | July 2023 | – | – | – | IRS |
| 990-PF | July 2022 | – | – | – | IRS |
| 990-PF | July 2021 | – | – | – | IRS |
| 990-PF | July 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 75-6081070).
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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