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Sealy & Smith Foundation

  • Galveston, TX
  • Tax-exempt since March 1938
  • EIN: 74-1109652

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: Health — General and Rehabilitative / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$159M (2022)

Expenses
$31.8M (2022)

Total Assets
$1.67B (2022)

Total Liabilities
$121M (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$158,734,221
Expenses
$31,756,764
Net Income
$126,977,457
Net Assets
$1,553,636,991
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $23,493,387
14.8%
Bond Proceeds $0
Royalties $55,005,359
34.7%
Rental Property Income $1,956,126
1.2%
Net Fundraising $0
Sales of Assets $75,284,569
47.4%
Net Inventory Sales $0
Other Revenue $2,994,780
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $917,806
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $120,000
0.4%
Assets/Debt
Total Assets $1,674,903,989
Total Liabilities $121,266,998
Net Assets $1,553,636,991
Compensation
Key Employees and Officers Compensation Related Other
Douglas G Rogers (Exec Dir/ Sec/Treas) $347,012 $0 $53,087
James S Jobe (Asst Sec/Treasurer) $162,026 $0 $30,044
Gladys Stansberry (Asst Treasurer) $111,768 $0 $18,863
John W Kelso (President/Director) $54,000 $0 $0
Michael C Doherty (Vice President/ Dir.) $54,000 $0 $0
James B Galbraith (Director) $54,000 $0 $0
E J Pederson (Director) $54,000 $0 $0
Keith Bassett (Director) $54,000 $0 $0
George Sealy (Exec Vice Pres/Dir.) $22,500 $0 $0
William R Sealy (Director) $4,500 $0 $0
+ View more people

Document Links

990
Filed on Oct. 26, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$193,760,950
Expenses
$59,944,232
Net Income
$133,816,718
Net Assets
$1,679,062,208
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $27,776,590
14.3%
Bond Proceeds $0
Royalties $24,009,713
12.4%
Rental Property Income $1,837,578
0.9%
Net Fundraising $0
Sales of Assets $137,460,172
70.9%
Net Inventory Sales $0
Other Revenue $2,676,897
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $909,338
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $111,300
0.2%
Assets/Debt
Total Assets $1,823,742,664
Total Liabilities $144,680,456
Net Assets $1,679,062,208
Compensation
Key Employees and Officers Compensation Related Other
Douglas G Rogers (Exec Dir/ Se) $295,360 $0 $47,465
James S Jobe (Asst Sec/Tre) $160,000 $0 $28,260
Gladys Stansberry (Asst Treasur) $107,478 $0 $10,570
John W Kelso (President/Di) $54,000 $0 $0
Michael C Doherty (Vice Preside) $54,000 $0 $0
James B Galbraith (Director) $54,000 $0 $0
E J Pederson (Director) $54,000 $0 $0
George Sealy (Exec Vice Pr) $49,500 $0 $0
Keith Bassett (Director) $49,500 $0 $0
John Eckel (Vice Preside) $31,500 $0 $0
+ View more people

Document Links

990
Filed on Aug. 18, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$86,559,144
Expenses
$23,013,090
Net Income
$63,546,054
Net Assets
$1,395,915,230
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $21,650,847
25.0%
Bond Proceeds $0
Royalties $16,081,125
18.6%
Rental Property Income $1,481,084
1.7%
Net Fundraising $0
Sales of Assets $39,449,154
45.6%
Net Inventory Sales $0
Other Revenue $7,896,934
9.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $798,650
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $210,802
0.9%
Assets/Debt
Total Assets $1,512,427,384
Total Liabilities $116,512,154
Net Assets $1,395,915,230
Compensation
Key Employees and Officers Compensation Related Other
Douglas G Rogers (Exec Dir/ Se) $284,000 $0 $46,152
James S Jobe (Asst Sec/Tre) $154,650 $0 $25,193
John W Kelso (President/Di) $54,000 $0 $0
George Sealy (Exec Vice Pr) $54,000 $0 $0
John Eckel (Director) $54,000 $0 $0
Michael C Doherty (Director) $54,000 $0 $0
James B Galbraith (Director) $54,000 $0 $0
E J Pederson (Director) $54,000 $0 $0
J Fellman Seinsheimer (Vice Pres/Di) $36,000 $0 $0
+ View more people

Document Links

990
Filed on July 27, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$134,416,284
Expenses
$35,941,910
Net Income
$98,474,374
Net Assets
$1,259,164,198
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $26,400,173
19.6%
Bond Proceeds $0
Royalties $22,104,369
16.4%
Rental Property Income $956,540
0.7%
Net Fundraising $0
Sales of Assets $77,754,261
57.8%
Net Inventory Sales $0
Other Revenue $7,200,941
5.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $797,850
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $207,315
0.6%
Assets/Debt
Total Assets $1,377,577,374
Total Liabilities $118,413,176
Net Assets $1,259,164,198
Compensation
Key Employees and Officers Compensation Related Other
Douglas G Rogers (Exec Dir/ Se) $265,802 $0 $44,085
James S Jobe (Asst Sec/Tre) $147,707 $0 $23,758
John W Kelso (President/Di) $54,000 $0 $0
George Sealy (Exec Vice Pr) $54,000 $0 $0
J Fellman Seinsheimer (Vice Pres/Di) $54,000 $0 $0
John Eckel (Director) $54,000 $0 $0
Michael C Doherty (Director) $54,000 $0 $0
James B Galbraith (Director) $54,000 $0 $0
E J Pederson (Director) $54,000 $0 $0
+ View more people

Document Links

990
Filed on Aug. 21, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$97,546,927
Expenses
$12,798,573
Net Income
$84,748,354
Net Assets
$1,050,370,938
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $24,118,448
24.7%
Bond Proceeds $0
Royalties $15,449,902
15.8%
Rental Property Income $566,723
0.6%
Net Fundraising $0
Sales of Assets $46,924,427
48.1%
Net Inventory Sales $0
Other Revenue $10,487,427
10.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $728,250
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $225,986
1.8%
Assets/Debt
Total Assets $1,172,758,493
Total Liabilities $122,387,555
Net Assets $1,050,370,938
Compensation
Key Employees and Officers Compensation Related Other
Douglas G Rogers (Exec Dir/ Se) $256,561 $0 $40,381
James S Jobe (Asst Sec/Tre) $143,056 $0 $21,758
John W Kelso (President/Di) $48,000 $0 $0
J Fellman Seinsheimer (Vice Pres/Di) $48,000 $0 $0
Michael C Doherty (Director) $48,000 $0 $0
James B Galbraith (Director) $48,000 $0 $0
E J Pederson (Director) $48,000 $0 $0
John Eckel (Director) $44,000 $0 $0
George Sealy (Exec Vice Pr) $40,000 $0 $0
+ View more people

Document Links

990
Filed on Aug. 23, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$90,579,317
Expenses
$25,236,518
Net Income
$65,342,799
Net Assets
$1,132,821,057
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $24,102,710
26.6%
Bond Proceeds $0
Royalties $6,426,369
7.1%
Rental Property Income $426,343
0.5%
Net Fundraising $0
Sales of Assets $40,188,148
44.4%
Net Inventory Sales $0
Other Revenue $19,435,747
21.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $706,250
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $216,172
0.9%
Assets/Debt
Total Assets $1,291,957,244
Total Liabilities $159,136,187
Net Assets $1,132,821,057
Compensation
Key Employees and Officers Compensation Related Other
Douglas G Rogers (Exec Dir/ Se) $242,082 $0 $37,857
James S Jobe (Asst Sec/Tre) $136,354 $0 $19,714
John W Kelso (President/Di) $48,000 $0 $0
J Fellman Seinsheimer (Vice Pres/Di) $48,000 $0 $0
John Eckel (Director) $48,000 $0 $0
Michael C Doherty (Director) $48,000 $0 $0
James B Galbraith (Director) $48,000 $0 $0
E J Pederson (Director) $48,000 $0 $0
George Sealy (Exec Vice Pr) $36,000 $0 $0
+ View more people

Document Links

990
Filed on July 18, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,898,579
Expenses
$17,679,343
Net Income
$26,219,236
Net Assets
$947,230,269
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $20,679,358
47.1%
Bond Proceeds $0
Royalties $4,362,782
9.9%
Rental Property Income $430,557
1.0%
Net Fundraising $0
Sales of Assets $16,226,351
37.0%
Net Inventory Sales $0
Other Revenue $2,199,531
5.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $687,250
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $197,600
1.1%
Assets/Debt
Total Assets $1,122,191,581
Total Liabilities $174,961,312
Net Assets $947,230,269
Compensation
Key Employees and Officers Compensation Related Other
Douglas G Rogers (Exec Dir/ Se) $217,328 $0 $34,147
James S Jobe (Asst Sec/Tre) $129,639 $0 $9,617
John W Kelso (President/Di) $48,000 $0 $0
George Sealy (Exec Vice Pr) $48,000 $0 $0
J Fellman Seinsheimer (Vice Pres/Di) $48,000 $0 $0
John Eckel (Director) $48,000 $0 $0
Michael C Doherty (Director) $48,000 $0 $11,947
James B Galbraith (Director) $48,000 $0 $0
E J Pederson (Director) $48,000 $0 $0
+ View more people

Document Links

990
Filed on July 31, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$61,034,494
Expenses
$84,915,296
Net Income
-$23,880,802
Net Assets
$879,399,410
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $20,148,055
33.0%
Bond Proceeds $0
Royalties $5,667,160
9.3%
Rental Property Income $377,977
0.6%
Net Fundraising $0
Sales of Assets $27,772,314
45.5%
Net Inventory Sales $0
Other Revenue $7,068,988
11.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $782,615
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $185,000
0.2%
Assets/Debt
Total Assets $1,063,421,424
Total Liabilities $184,022,014
Net Assets $879,399,410
Compensation
Key Employees and Officers Compensation Related Other
Douglas G Rogers (Exec Dir/ Se) $196,699 $0 $30,614
Michael C Doherty (Exec Dir/Sec) $191,134 $0 $27,790
James S Jobe (Asst Sec/Tre) $77,626 $0 $4,598
John W Kelso (President/Di) $48,000 $0 $0
George Sealy (Exec Vice Pr) $48,000 $0 $0
John Eckel (Director) $48,000 $0 $0
James B Galbraith (Director) $48,000 $0 $0
E J Pederson (Director) $48,000 $0 $0
J Fellman Seinsheimer (Vice Pres/Di) $44,000 $0 $0
+ View more people

Document Links

990
Filed on Aug. 1, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$99,968,356
Expenses
$13,276,521
Net Income
$86,691,835
Net Assets
$976,043,326
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $21,742,715
21.7%
Bond Proceeds $0
Royalties $12,866,745
12.9%
Rental Property Income $362,864
0.4%
Net Fundraising $0
Sales of Assets $56,332,850
56.4%
Net Inventory Sales $0
Other Revenue $8,663,182
8.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $786,323
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $163,418
1.2%
Assets/Debt
Total Assets $1,106,811,568
Total Liabilities $130,768,242
Net Assets $976,043,326
Compensation
Key Employees and Officers Compensation Related Other
Michael C Doherty (Exec Director/Sec/Treas) $291,354 $0 $41,115
Douglas G Rogers (Assoc Exec Dir/Asst Treas/Sec) $165,832 $0 $32,658
John W Kelso (President/Director) $48,000 $0 $0
John Eckel (Director) $48,000 $0 $0
James B Galbraith (Director) $48,000 $0 $0
E J Pederson (Director) $48,000 $0 $0
J Fellman Seinsheimer (Vice Pres/Director) $44,000 $0 $0
George Sealy (Exec Vice Pres/Director) $40,000 $0 $0
Jean E Riley (Asst Sec/Treas) $39,925 $0 $33,442
+ View more people

Document Links

990
Filed on Sept. 21, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$65,874,233
Expenses
$13,146,160
Net Income
$52,728,073
Net Assets
$925,632,351
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $20,239,171
30.7%
Bond Proceeds $0
Royalties $9,618,097
14.6%
Rental Property Income $374,664
0.6%
Net Fundraising $0
Sales of Assets $29,347,802
44.6%
Net Inventory Sales $0
Other Revenue $6,294,499
9.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $742,000
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $95,750
0.7%
Assets/Debt
Total Assets $1,065,183,737
Total Liabilities $139,551,386
Net Assets $925,632,351

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$50,718,202
Expenses
$13,597,681
Net Income
$37,120,521
Net Assets
$756,376,163
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $18,967,436
37.4%
Bond Proceeds $0
Royalties $7,309,177
14.4%
Rental Property Income $370,434
0.7%
Net Fundraising $0
Sales of Assets $14,752,832
29.1%
Net Inventory Sales $0
Other Revenue $9,318,323
18.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $703,500
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $90,750
0.7%
Assets/Debt
Total Assets $904,047,795
Total Liabilities $147,671,632
Net Assets $756,376,163

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$56,946,919
Expenses
$128,633,008
Net Income
-$71,686,089
Net Assets
$668,310,295
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $17,170,122
30.2%
Bond Proceeds $0
Royalties $8,679,631
15.2%
Rental Property Income $280,078
0.5%
Net Fundraising $0
Sales of Assets $22,984,930
40.4%
Net Inventory Sales $0
Other Revenue $7,832,158
13.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $673,500
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $86,500
0.1%
Assets/Debt
Total Assets $824,106,103
Total Liabilities $155,795,808
Net Assets $668,310,295

Document Links

990

Primary tax return for a nonprofit’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

Primary tax return for a nonprofit’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

Primary tax return for a nonprofit’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

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

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

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2005

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

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

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

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2003

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

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

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

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

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

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About 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.

API

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
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.

Updated