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Herbert Kenneth And Janet Cleaves Acord Foundation

  • Wimberley, TX
  • Tax-exempt since May 2009
  • EIN: 26-3908593

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.56M (2024)

Expenses
$70.8k (2024)

Total Assets
$3.7M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,559,630
Expenses
$70,788
Net Income
$3,488,842
Net Assets
$3,702,101
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,234,777
90.9%
Interest Revenue $350
0.0%
Dividends $11,858
0.3%
Sales of Assets $15,357
0.4%
Other Income $297,288
8.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $66,713
94.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,702,101
Total Liabilities $0
Net Assets $3,702,101
Compensation
Key Employees and Officers Compensation Other
Matthew Holzgrafe (President & Director) $0 $0
Virginia Bailey (Secretary & Director) $0 $0
Herbert K Acord Iii (Director) $0 $0
Kent Bailey (Director) $0 $0
Jeffrey Holzgrafe (Director) $0 $0
Lisa A Holzgrafe (Director) $0 $0
Dinah A Weems (Director) $0 $0
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Document Links

990-PF
Filed on Nov. 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$15,637
Expenses
$45,909
Net Income
-$30,272
Net Assets
$191,536
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $104
0.7%
Dividends $7,530
48.2%
Sales of Assets $8,003
51.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $41,717
90.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $191,536
Total Liabilities $0
Net Assets $191,536
Compensation
Key Employees and Officers Compensation Other
Matthew Holzgrafe (President & Director) $0 $0
Virginia Bailey (Secretary & Director) $0 $0
Herbert K Acord Iii (Director) $0 $0
Kent Bailey (Director) $0 $0
Jeffrey Holzgrafe (Director) $0 $0
Lisa A Holzgrafe (Director) $0 $0
Dinah A Weems (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 6, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$29,969
Expenses
$43,044
Net Income
-$13,075
Net Assets
$221,808
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $30
0.1%
Dividends $8,136
27.1%
Sales of Assets $21,803
72.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $38,921
90.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $221,808
Total Liabilities $0
Net Assets $221,808
Compensation
Key Employees and Officers Compensation Other
Matthew Holzgrafe (President & Director) $0 $0
Virginia Bailey (Secretary & Director) $0 $0
Herbert K Acord Iii (Director) $0 $0
Kent Bailey (Director) $0 $0
Jeffrey Holzgrafe (Director) $0 $0
Lisa A Holzgrafe (Director) $0 $0
Dinah A Weems (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$34,308
Expenses
$37,705
Net Income
-$3,397
Net Assets
$234,883
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $7,934
23.1%
Sales of Assets $26,373
76.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $33,613
89.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $234,883
Total Liabilities $0
Net Assets $234,883
Compensation
Key Employees and Officers Compensation Other
Matthew Holzgrafe (President & Director) $0 $0
Virginia Bailey (Secretary & Director) $0 $0
Herbert K Acord Iii (Director) $0 $0
Kent Bailey (Director) $0 $0
Jeffrey Holzgrafe (Director) $0 $0
Lisa A Holzgrafe (Director) $0 $0
Dinah A Weems (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 13, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$10,376
Expenses
$34,667
Net Income
-$24,291
Net Assets
$238,279
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6
0.1%
Dividends $7,925
76.4%
Sales of Assets $2,445
23.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $30,260
87.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $238,280
Total Liabilities $1
Net Assets $238,279
Compensation
Key Employees and Officers Compensation Other
Lisa A Holzgrafe (President & Director) $0 $0
Dinah A Weems (Secretary & Director) $0 $0
Herbert K Acord Iii (Director) $0 $0
Kent Bailey (Director) $0 $0
Virginia Bailey (Director) $0 $0
Jeffrey Holzgrafe (Director) $0 $0
Matthew Holzgrafe (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 26, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$19,144
Expenses
$36,150
Net Income
-$17,006
Net Assets
$262,570
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $81
0.4%
Dividends $8,059
42.1%
Sales of Assets $11,004
57.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $31,417
86.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $262,571
Total Liabilities $1
Net Assets $262,570
Compensation
Key Employees and Officers Compensation Other
Herbert K Acord (President & Director) $0 $0
Janet C Acord (Secretary & Director) $0 $0
Herbert K Acord Iii (Director) $0 $0
Dinah A Weems (Director) $0 $0
Lisa A Holzgrafe (Treasurer & Director) $0 $0
+ View more people

Document Links

990-PF
Filed on March 5, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$18,184
Expenses
$32,041
Net Income
-$13,857
Net Assets
$279,577
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $102
0.6%
Dividends $9,681
53.2%
Sales of Assets $8,401
46.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $27,350
85.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $279,577
Total Liabilities $0
Net Assets $279,577
Compensation
Key Employees and Officers Compensation Other
Herbert K Acord (President & Director) $0 $0
Janet C Acord (Secretary & Director) $0 $0
Herbert K Acord Iii (Director) $0 $0
Dinah A Weems (Director) $0 $0
Lisa A Holzgrafe (Treasurer & Director) $0 $0
+ View more people

Document Links

990-PF
Filed on April 1, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$30,521
Expenses
$71,641
Net Income
-$41,120
Net Assets
$293,434
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $28
0.1%
Dividends $9,348
30.6%
Sales of Assets $21,145
69.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $66,400
92.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $293,434
Total Liabilities $0
Net Assets $293,434
Compensation
Key Employees and Officers Compensation Other
Herbert K Acord (President & Director) $0 $0
Janet C Acord (Secretary & Director) $0 $0
Herbert K Acord Iii (Director) $0 $0
Dinah A Weems (Director) $0 $0
Lisa A Holzgrafe (Treasurer & Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 3, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$25,208
Expenses
$45,219
Net Income
-$20,011
Net Assets
$334,554
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $8,187
32.5%
Sales of Assets $17,020
67.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $36,275
80.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $334,554
Total Liabilities $0
Net Assets $334,554
Compensation
Key Employees and Officers Compensation Other
Herbert K Acord (President & Director) $0 $0
Janet C Acord (Secretary & Director) $0 $0
Herbert K Acord Iii (Director) $0 $0
Dinah A Weems (Director) $0 $0
Lisa A Holzgrafe (Treasurer & Director) $0 $0
+ View more people

Document Links

990-PF
Filed on July 11, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$47,117
Expenses
$35,127
Net Income
$11,990
Net Assets
$354,565
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $16
0.0%
Dividends $6,815
14.5%
Sales of Assets $40,286
85.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $30,500
86.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $354,565
Total Liabilities $0
Net Assets $354,565
Compensation
Key Employees and Officers Compensation Other
Herbert K Acord (President & Director) $0 $0
Janet C Acord (Secretary & Director) $0 $0
Herbert K Acord Iii (Director) $0 $0
Dinah A Weems (Director) $0 $0
Lisa A Holzgrafe (Treasurer & Director) $0 $0
+ View more people

Document Links

990-PF
Filed on March 2, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$41,306
Expenses
$27,181
Net Income
$14,125
Net Assets
$342,575
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $15
0.0%
Dividends $8,145
19.7%
Sales of Assets $33,146
80.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $24,050
88.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $342,575
Total Liabilities $0
Net Assets $342,575
Compensation
Key Employees and Officers Compensation Other
Herbert K Acord (President & Director) $0 $0
Janet C Acord (Secretary & Director) $0 $0
Herbert K Acord Iii (Director) $0 $0
Dinah A Weems (Director) $0 $0
Lisa A Holzgrafe (Treasurer & Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Feb. 19, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$48,824
Expenses
$80,748
Net Income
-$31,924
Net Assets
$328,450
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $19,900
40.8%
Interest Revenue $7
0.0%
Dividends $9,339
19.1%
Sales of Assets $19,578
40.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $77,765
96.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $328,450
Total Liabilities $0
Net Assets $328,450
Compensation
Key Employees and Officers Compensation Other
Herbert K Acord (President & Director) $0 $0
Janet C Acord (Secretary & Director) $0 $0
Herbert K Acord Iii (Director) $0 $0
Dinah A Weems (Director) $0 $0
Lisa A Holzgrafe (Treasurer & Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 15, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$38,641
Expenses
$71,410
Net Income
-$32,769
Net Assets
$360,373
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $20,000
51.8%
Interest Revenue $12
0.0%
Dividends $9,014
23.3%
Sales of Assets $9,615
24.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $68,530
96.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $360,374
Total Liabilities $1
Net Assets $360,373

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$166,898
Expenses
$61,574
Net Income
$105,324
Net Assets
$393,143
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $149,371
89.5%
Interest Revenue $11
0.0%
Dividends $7,523
4.5%
Sales of Assets $9,993
6.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $58,733
95.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $393,143
Total Liabilities $0
Net Assets $393,143

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

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Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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