The P Twenty-One Foundation FY2021 filing

IRS exemption revoked

Houston, TXPrivate foundation / grantmaker EIN 76-0628482Revenue $1K in FY2021Latest return filed Oct 13, 2023

On file with the IRSPo Box 27883 · Houston, TX

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FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990-PF
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $134K a year · 1294% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
990-PF Pt I · 3 filings
226 mo
of spending, in cash
Looks good: 225.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1K
-90% vs prior year
Spent
$143K
Net assets
$2.7M
By yearFY2020–FY2022
Revenue
$1K
FY2021▼ -90%
Tap a bar for its year
Revenue by fiscal year
FY2020$12K
FY2021$1K
FY2022$18K
Expenses
$143K
FY2021▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$149K
FY2021$143K
FY2022$143K
Net assets
$2.7M
FY2021▼ -5%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.8M
FY2021$2.7M
FY2022$2.6M

From the FY2021 Form 990 (year ending November 2021) · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on April 15, 2026
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 98% · $140K Operating & administrative 2% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Programs and updates

A private foundation based in Houston, TX.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 14 grants · $140K · 2021–2021
The Carter Center INCGA · FY2021$25,000
Little Flower SchoolFY2021$12,500
Basilica of the National Shrine of the Little Flower Our Lady of Mount CarmFY2021$12,500
Wellsprings INCFY2021$10,000
Texas Wildlife Rehabilitation CoalitionFY2021$10,000
Tarahumara Children's Hospital FundFY2021$10,000
Individual RecipientFY2021$10,000
House with Heart INCNY · FY2021$10,000
Elephant Aid InternationalGA · FY2021$10,000
Saint Joseph AcademyFY2021$5,000
Forever Healing San Jose ClinicFY2021$5,000
Compassion in World FarmingNY · FY2021$5,000
Guadalupe Regional Middle SchoolFY2021$5,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV5
Average grantPart XV$10K
Median grantPart XV$10K
Largest grantPart XV$25K
Top cause focusNTEEHuman Services (14%)

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$1K
Investment income$611
Other income$521
Money out
$143K
Grants paid$140K
Running costs$3K
Owns and owes
$2.7M
net assets
Cash and savings$2.7M
Total assets$2.7M
Liabilities$0
2In more detail
Revenue in detail
Investment income$611
Other income$521
Total revenue$1K
Assets in detailEnd of year
Cash and savings together$2.7M
Total assets$2.7M
Liabilities$0
Net assets$2.7M
Operations
Fiscal year endsNovember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled with the IRS Oct 13, 2023 $18K$143K−$125K$2.6M 990 PDF
FY2021 ViewingFiled with the IRS Aug 1, 2022 $1K$143K−$141K$2.7M 990 PDF
FY2020Filed with the IRS Nov 8, 2021 $12K$149K−$137K$2.8M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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