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Also known as: C/O FROST BANK
Abe & Annie Seibel Foundation is a private trust based in GALVESTON, TX. The foundation received its IRS ruling in 1961. The principal officer is % Frost Bank. It holds total assets of $36.1M. Annual income is reported at $16.8M. STUDENT LOANS TO TEXAS RESIDENTS. According to available records, Abe & Annie Seibel Foundation has made 7 grants totaling $17.4M, with a median grant of $2.4M. Annual giving has grown from $5.9M in 2022 to $11.5M in 2023. Individual grants have ranged from $1.2M to $3.3M, with an average award of $2.5M. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
STUDENT LOANS TO TEXAS RESIDENTS
Expenses: $175K
GRANT TO ANGELO STATE UNIVERSITY
GRANT TO TEXAS A&M GALVESTON
STUDENT LOANS TO TEXAS RESIDENTS. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in TX.
Abe & Annie Seibel Foundation has distributed a total of $17.4M across 7 grants. The median grant size is $2.4M, with an average of $2.5M. Individual grants have ranged from $1.2M to $3.3M.
The application deadline is FEBRUARY 28. TEXAS RESIDENTS ENROLLED IN UNDERGRADUATE PROGRAMS AT TEXAS COLLEGES.
Abe & Annie Seibel Foundation is headquartered in GALVESTON, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter B Kessler | DIRECTOR | $3K | $0 | $3K |
| Marc Andrew Weiss | DIRECTOR | $3K | $0 | $3K |
Total Giving
$6.5M
Total Assets
$34.9M
Fair Market Value
$43.3M
Net Worth
$34.9M
Grants Paid
$5.7M
Contributions
$0
Net Investment Income
$6.2M
Distribution Amount
$5.5M
Total Grants
7
Total Giving
$17.4M
Average Grant
$2.5M
Median Grant
$2.4M
Unique Recipients
4
Most Common Grant
$2.4M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Students - Sch AttachedEDUCATIONAL | Various, TX | $3.3M | 2023 |
| Texas AmEDUCATIONAL | College Station, TX | $2.4M | 2023 |
| Texas Am GalvestonEDUCATIONAL | Galveston, TX | $1.7M | 2022 |
| Angelo State UniversityEDUCATIONAL | San Angelo, TX | $1.2M | 2022 |
GALVESTON, TX
AUSTIN, TX
GALVESTON, TX
ATLANTA, GA
GANADO, TX
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
HOUSTON, TX
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