Potts And Sibley Foundation

Bechtel R & Bullock M Ttees

Midland, TX
Tax-exempt since May 1968
EIN: 75-6081070

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Type of Nonprofit

Designated as a 501(c)(3) 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.

Donations to this organization are tax deductible.

Revenue

$5.37M (2025)

Expenses

$2.45M (2025)

Total Assets

$32.7M (2025)

Total Liabilities

$0 (2025)

Source: Form 990 tax filings from 2012 to 2025

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 July
2025

Revenue

$5,369,968

Expenses

$2,451,083

Net Income

$2,918,885

Net Assets

$32,673,761

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$165,810	3.1%
Interest Revenue	$0
Dividends	$1,391,775	25.9%
Sales of Assets	$3,278,889	61.1%
Other Income	$533,494	9.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,026,333	82.7%
Compensation of Officers*	$363,334	14.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$32,673,761
Total Liabilities	$0
Net Assets	$32,673,761

Compensation

Key Employees and Officers	Compensation	Other
Robert W Bechtel (Director/Manager)	$217,984	$0
W Burgess Wade (Director)	$140,350	$0
Cheryl Hightower Md (Committee Member)	$1,000	$0
Scott Davis (Committee Member)	$1,000	$0
Stephen Johnson (Committee Member)	$1,000	$0
Eileen Piwetz (Committee Member)	$1,000	$0
Dennis Rambo (Committee Member)	$1,000	$0

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990-PF

Filed on Dec. 2, 2025

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

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Fiscal Year Ending July
2024

Revenue

$6,726,314

Expenses

$2,088,301

Net Income

$4,638,013

Net Assets

$29,754,876

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,637,719	83.8%
Interest Revenue	$0
Dividends	$1,142,785	17.0%
Sales of Assets	-$342,963
Other Income	$288,773	4.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,764,149	84.5%
Compensation of Officers*	$294,995	14.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$29,754,876
Total Liabilities	$0
Net Assets	$29,754,876

Compensation

Key Employees and Officers	Compensation	Other
Robert W Bechtel (Director/Manager)	$181,291	$0
W Burgess Wade (Director)	$109,204	$0
Scott Davis (Committee Member)	$1,000	$0
Stephen Johnson (Committee Member)	$1,000	$0
Eileen Piwetz (Committee Member)	$1,000	$0
Dennis Rambo (Committee Member)	$1,000	$0
Cheryl Hightower Md (Committee Member)	$500	$0

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990-PF

Filed on Dec. 16, 2024

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

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Fiscal Year Ending July
2023

Revenue

$3,808,892

Expenses

$2,089,823

Net Income

$1,719,069

Net Assets

$25,116,863

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,065,850	28.0%
Sales of Assets	$2,152,514	56.5%
Other Income	$590,528	15.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,599,947	76.6%
Compensation of Officers*	$405,788	19.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,116,863
Total Liabilities	$0
Net Assets	$25,116,863

Compensation

Key Employees and Officers	Compensation	Other
Robert W Bechtel (Director/Manager)	$229,914	$0
W Burgess Wade (Director)	$170,874	$0
Cheryl Hightower Md (Committee Member)	$1,000	$0
Scott Davis (Committee Member)	$1,000	$0
Stephen Johnson (Committee Member)	$1,000	$0
Eileen Piwetz (Committee Member)	$1,000	$0
Dennis Rambo (Committee Member)	$1,000	$0

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990-PF

Filed on Dec. 8, 2023

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Fiscal Year Ending July
2022

Revenue

$1,937,187

Expenses

$3,019,927

Net Income

-$1,082,740

Net Assets

$23,397,794

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$950,243	49.1%
Sales of Assets	$212,547	11.0%
Other Income	$774,397	40.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,635,520	87.3%
Compensation of Officers*	$296,080	9.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$23,397,794
Total Liabilities	$0
Net Assets	$23,397,794

Compensation

Key Employees and Officers	Compensation	Other
Robert W Bechtel (Director/Manager)	$173,196	$0
W Burgess Wade (Director)	$117,884	$0
Cheryl Hightower Md (Committee Member)	$1,000	$0
Scott Davis (Committee Member)	$1,000	$0
Stephen Johnson (Committee Member)	$1,000	$0
Eileen Piwetz (Committee Member)	$1,000	$0
Dennis Rambo (Committee Member)	$1,000	$0

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990-PF

Filed on Dec. 12, 2022

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Fiscal Year Ending July
2021

Revenue

$1,100,780

Expenses

$810,506

Net Income

$290,274

Net Assets

$24,466,279

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$735,192	66.8%
Sales of Assets	$102,724	9.3%
Other Income	$262,864	23.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$409,562	50.5%
Compensation of Officers*	$258,248	31.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$24,466,280
Total Liabilities	$1
Net Assets	$24,466,279

Compensation

Key Employees and Officers	Compensation	Other
Robert W Bechtel (Director/Manager)	$153,410	$0
W Burgess Wade (Director)	$100,339	$0
Scott Davis (Committee Member)	$1,000	$0
Stephen Johnson (Committee Member)	$1,000	$0
Eileen Piwetz (Committee Member)	$1,000	$0
Dennis Rambo (Committee Member)	$1,000	$0
Cheryl Hightower Md (Committee Member)	$500	$0

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990-PF

Filed on Dec. 14, 2021

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Fiscal Year Ending July
2020

Revenue

$2,108,481

Expenses

$2,797,993

Net Income

-$689,512

Net Assets

$24,176,005

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$677,893	32.2%
Sales of Assets	$230,011	10.9%
Other Income	$1,200,577	56.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,481,396	52.9%
Compensation of Officers*	$1,145,584	40.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$24,176,006
Total Liabilities	$1
Net Assets	$24,176,005

Compensation

Key Employees and Officers	Compensation	Other
Robert W Bechtel (Dir/Mgr/Co T)	$596,872	$0
W Burgess Wade (Director)	$334,711	$0
Allen G Mcguire (Director)	$210,000	$0
Cheryl Hightower Md (Committee Member)	$1,000	$0
Scott Davis (Committee Member)	$1,000	$0
Stephen Johnson (Committee Member)	$1,000	$0
Eileen Piwetz (Committee Member)	$1,000	$0
Hiram Sibley (Chairman)	$0	$0

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990-PF

Filed on Dec. 14, 2020

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Fiscal Year Ending July
2019

Revenue

$16,130,074

Expenses

$1,089,784

Net Income

$15,040,290

Net Assets

$24,865,518

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$543,351	3.4%
Sales of Assets	$14,154,972	87.8%
Other Income	$1,431,751	8.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$613,323	56.3%
Compensation of Officers*	$253,291	23.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$24,865,518
Total Liabilities	$0
Net Assets	$24,865,518

Compensation

Key Employees and Officers	Compensation	Other
Robert W Bechtel (Dir/Mgr/Co T)	$179,098	$0
Allen G Mcguire (Director)	$46,037	$0
W Burgess Wade (Director)	$27,157	$0
Hiram Sibley (Chairman)	$1,000	$0

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990-PF

Filed on Dec. 6, 2019

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Fiscal Year Ending July
2018

Revenue

$3,669,919

Expenses

$1,015,944

Net Income

$2,653,975

Net Assets

$9,822,029

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,650	0.0%
Dividends	$386,894	10.5%
Sales of Assets	$194,223	5.3%
Other Income	$3,087,152	84.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$620,598	61.1%
Compensation of Officers*	$223,523	22.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,822,029
Total Liabilities	$0
Net Assets	$9,822,029

Compensation

Key Employees and Officers	Compensation	Other
Robert W Bechtel (Dir/Mgr/Co Trus)	$166,392	$0
Allen G Mc Guire (Director/Co Tr)	$56,131	$0
Hiram Sibley (Chairman)	$1,000	$0

990-PF

Filed on Dec. 6, 2018

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

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Fiscal Year Ending July
2017

Revenue

$590,175

Expenses

$460,396

Net Income

$129,779

Net Assets

$7,152,854

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,449	0.2%
Dividends	$283,037	48.0%
Sales of Assets	$223,388	37.9%
Other Income	$82,301	13.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$347,333	75.4%
Compensation of Officers*	$92,093	20.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,152,854
Total Liabilities	$0
Net Assets	$7,152,854

Compensation

Key Employees and Officers	Compensation	Other
Robert W Bechtel (Dir/Mgr/Co Trus)	$73,333	$0
Allen G Mc Guire (Director/Co Tr)	$17,260	$0
Hiram Sibley (Chairman)	$1,500	$0

990-PF

Filed on Oct. 18, 2017

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

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Fiscal Year Ending July
2016

Revenue

$830,628

Expenses

$532,248

Net Income

$298,380

Net Assets

$7,023,075

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$47	0.0%
Dividends	$329,384	39.7%
Sales of Assets	$261,566	31.5%
Other Income	$239,631	28.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$407,819	76.6%
Compensation of Officers*	$75,277	14.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,023,075
Total Liabilities	$0
Net Assets	$7,023,075

Compensation

Key Employees and Officers	Compensation	Other
Robert W Bechtel (Dir/Mgr/Co Trus)	$55,225	$0
Allen G Mc Guire (Director/Co Tr)	$19,052	$0
Hiram Sibley (Chairman)	$1,000	$0

990-PF

Filed on May 16, 2017

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

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Fiscal Year Ending July
2015

Revenue

$557,514

Expenses

$694,384

Net Income

-$136,870

Net Assets

$6,724,695

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$28	0.0%
Dividends	$356,978	64.0%
Sales of Assets	$126,911	22.8%
Other Income	$73,597	13.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$509,875	73.4%
Compensation of Officers*	$63,500	9.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,724,695
Total Liabilities	$0
Net Assets	$6,724,695

Compensation

Key Employees and Officers	Compensation	Other
Robert W Bechtel (Dir/Mgr/Co Trus)	$47,000	$0
Allen G Mc Guire (Director/Co Tr)	$16,000	$0
Hiram Sibley (Chairman)	$500	$0

990-PF

Filed on May 13, 2016

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Fiscal Year Ending July
2014

Revenue

$2,151,832

Expenses

$900,210

Net Income

$1,251,622

Net Assets

$6,861,565

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$952	0.0%
Dividends	$247,167	11.5%
Sales of Assets	$19,260	0.9%
Other Income	$1,884,453	87.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$684,192	76.0%
Compensation of Officers*	$176,766	19.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,861,566
Total Liabilities	$1
Net Assets	$6,861,565

Compensation

Key Employees and Officers	Compensation	Other
Robert W Bechtel (Dir/Mgr/Co Trus)	$130,699	$0
Allen G Mc Guire (Director/Co Tr)	$44,567	$0
Hiram Sibley (Chairman)	$1,500	$0

990-PF

Filed on May 12, 2016

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

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Fiscal Year Ending July
2013

Revenue

$360,059

Expenses

$457,461

Net Income

-$97,402

Net Assets

$5,609,943

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,107	0.3%
Dividends	$195,857	54.4%
Sales of Assets	$58,343	16.2%
Other Income	$104,752	29.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$334,671	73.2%
Compensation of Officers*	$54,684	12.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,609,946
Total Liabilities	$3
Net Assets	$5,609,943

990-PF

Filed on Dec. 24, 2013

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

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PDF (2 of 2)

Fiscal Year Ending July
2012

Revenue

$533,286

Expenses

$347,280

Net Income

$186,006

Net Assets

$5,707,345

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$46	0.0%
Dividends	$171,815	32.2%
Sales of Assets	$11,791	2.2%
Other Income	$349,634	65.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$216,570	62.4%
Compensation of Officers*	$70,279	20.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,707,345
Total Liabilities	$0
Net Assets	$5,707,345

990-PF

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

PDF

Fiscal Year Ending July
2011

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

990-PF

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

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

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

PDF

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Potts And Sibley Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $5.37M (2025)

Expenses $2.45M (2025)

Total Assets $32.7M (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending July 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$5.37M (2025)

Expenses

$2.45M (2025)

Total Assets

$32.7M (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending July
2025

Fiscal Year Ending July
2024

Fiscal Year Ending July
2023

Fiscal Year Ending July
2022

Fiscal Year Ending July
2021

Fiscal Year Ending July
2020

Fiscal Year Ending July
2019

Fiscal Year Ending July
2018

Fiscal Year Ending July
2017

Fiscal Year Ending July
2016

Fiscal Year Ending July
2015

Fiscal Year Ending July
2014

Fiscal Year Ending July
2013

Fiscal Year Ending July
2012

Fiscal Year Ending July
2011

Fiscal Year Ending July
2010

Fiscal Year Ending July
2009

Fiscal Year Ending July
2008

Fiscal Year Ending July
2007

Fiscal Year Ending July
2006

Fiscal Year Ending July
2005

Fiscal Year Ending July
2004

Fiscal Year Ending July
2003

Fiscal Year Ending July
2002