Instrumentl eFile Render
Object ID: 202232149349100403 - Rendered 2024-04-29
TIN: 13-6082357
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0047
20
21
Open to Public Inspection
For calendar year 2021, or tax year beginning
01-01-2021
, and ending
12-31-2021
Name of foundation
EXXONMOBIL FOUNDATION
% Jeffrey Sengele
Number and street (or P.O. box number if mail is not delivered to street address)
22777 Springwoods Vlg Pkwy LOC 126
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Spring
,
TX
773891425
A Employer identification number
13-6082357
B
Telephone number (see instructions)
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
154,607,716
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
0
2
Check
.............
3
Interest on savings and temporary cash investments
193,036
193,036
0
4
Dividends and interest from securities
...
0
0
0
5a
Gross rents
............
0
0
0
b
Net rental income or (loss)
0
6a
Net gain or (loss) from sale of assets not on line 10
-4,272,652
b
Gross sales price for all assets on line 6a
1,767,348
7
Capital gain net income (from Part IV, line 2)
...
79,348
8
Net short-term capital gain
.........
9
Income modifications
...........
0
10a
Gross sales less returns and allowances
0
b
Less: Cost of goods sold
....
0
c
Gross profit or (loss) (attach schedule)
.....
0
0
11
Other income (attach schedule)
.......
0
0
0
12
Total.
Add lines 1 through 11
........
-4,079,616
272,384
0
13
Compensation of officers, directors, trustees, etc.
0
0
0
0
14
Other employee salaries and wages
......
0
0
0
0
15
Pension plans, employee benefits
.......
0
0
0
0
16a
Legal fees (attach schedule)
.........
0
0
0
0
b
Accounting fees (attach schedule)
.......
0
0
0
0
c
Other professional fees (attach schedule)
....
85,283
0
0
85,283
17
Interest
...............
0
0
0
0
18
Taxes (attach schedule) (see instructions)
...
-851,912
0
0
0
19
Depreciation (attach schedule) and depletion
...
0
0
0
20
Occupancy
..............
0
0
0
0
21
Travel, conferences, and meetings
.......
0
0
0
0
22
Printing and publications
..........
0
0
0
0
23
Other expenses (attach schedule)
.......
0
0
0
0
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
-766,629
0
0
85,283
25
Contributions, gifts, grants paid
.......
21,976,365
22,952,846
26
Total expenses and disbursements.
Add lines 24 and 25
21,209,736
0
0
23,038,129
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-25,289,352
b
Net investment income
(if negative, enter -0-)
272,384
c
Adjusted net income
(if negative, enter -0-)
...
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2021)
Form 990-PF (2021)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
50,597,624
45,272,661
45,272,661
2
Savings and temporary cash investments
.........
124,190,278
109,335,055
109,335,055
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
0
0
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
0
0
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
0
0
0
b
Investments—corporate stock (attach schedule)
.......
0
c
Investments—corporate bonds (attach schedule)
.......
0
11
Investments—land, buildings, and equipment: basis
0
Less: accumulated depreciation (attach schedule)
0
6,040,000
0
0
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
0
14
Land, buildings, and equipment: basis
0
Less: accumulated depreciation (attach schedule)
0
0
0
0
15
Other assets (describe
)
0
0
0
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
180,827,902
154,607,716
154,607,716
17
Accounts payable and accrued expenses
..........
0
0
18
Grants payable
.................
10,265,092
9,273,111
19
Deferred revenue
.................
0
0
20
Loans from officers, directors, trustees, and other disqualified persons
0
0
21
Mortgages and other notes payable (attach schedule)
......
0
22
Other liabilities (describe
)
0
0
23
Total liabilities
(add lines 17 through 22)
.........
10,265,092
9,273,111
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
170,562,810
145,334,605
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
170,562,810
145,334,605
30
Total liabilities and net assets/fund balances
(see instructions)
.
180,827,902
154,607,716
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
170,562,810
2
Enter amount from Part I, line 27a
.....................
2
-25,289,352
3
Other increases not included in line 2 (itemize)
3
61,147
4
Add lines 1, 2, and 3
..........................
4
145,334,605
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
145,334,605
Form
990-PF
(2021)
Form 990-PF (2021)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
Vernon, CA Real ESTATE
D
2016-12-15
2021-12-17
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
1,767,348
0
1,688,000
79,348
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
0
0
79,348
b
c
d
e
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
79,348
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Form
990-PF
(2021)
Form 990-PF (2021)
Page
4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
3
Add lines 1 and 2
...........................
3
3,786
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
3,786
6
Credits/Payments:
a
2021 estimated tax payments and 2020 overpayment credited to 2021
6a
100,000
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
100,000
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
96,214
11
Enter the amount of line 10 to be:
Credited to 2022 estimated tax
96,214
Refunded
11
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
.........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XIV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
If "Yes," complete Part XIII
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2021)
Form 990-PF (2021)
Page
5
Part VI-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
No
Website address
[email protected]
14
The books are in care of
Exxon Mobil Corporation
Telephone no.
(832) 624-6183
Located at
22777 Springwoods Vlg Pkwy LOC 126
Spring
TX
ZIP+4
773891425
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
...........
1a(1)
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
..............................
1a(2)
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
...........
1a(3)
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
............
1a(4)
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
......................
1a(5)
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
...............
1a(6)
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
..........
1b
c
Organizations relying on a current notice regarding disaster assistance check here
........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2021?
.............
1d
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2021, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2021?
....................
2a
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
Yes
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
..............................
3a
No
b
If "Yes," did it have excess business holdings in 2021 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2021.)
.....................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021?
..
4b
No
Form
990-PF
(2021)
Form 990-PF (2021)
Page
6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
..........
5a(1)
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
....................
5a(2)
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
.............
5a(3)
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
........................
5a(4)
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.............
5a(5)
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
........
5b
c
Organizations relying on a current notice regarding disaster assistance check
.........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
.................
5d
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.............................
6a
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
.....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.........................
8
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
S A Littleton
Trustee
0.00
0
0
0
5959 Las Colinas Boulevard
Irving
,
TX
75039
K W Murphy
President
0.00
0
0
0
5959 Las Colinas Boulevard
Irving
,
TX
75039
J R Osterstock
Controller
2.00
0
0
0
5959 Las Colinas Boulevard
Irving
,
TX
75039
J M Spellings
Trustee
0.00
0
0
0
5959 Las Colinas Boulevard
Irving
,
TX
75039
D G Wascom
Trustee
0.00
0
0
0
22777 Springwoods Village Parkway
Spring
,
TX
77389
M P Zamora
Trustee
0.00
0
0
0
22777 Springwoods Village Parkway
Spring
,
TX
77389
B Carreno
Asst. Treasurer
1.00
0
0
0
5959 Las Colinas Boulevard
Irving
,
TX
75039
M A Clouthier
Asst. Secretary
1.00
0
0
0
5959 Las Colinas Boulevard
Irving
,
TX
75039
H M Comer
Treasurer
1.00
0
0
0
5959 Las Colinas Boulevard
Irving
,
TX
75039
T Ewherido
Trustee
0.00
0
0
0
22777 Springwoods Village Parkway
Spring
,
TX
77389
W F Holbrook
Exec. Director
0.00
0
0
0
5959 Las Colinas Boulevard
Irving
,
TX
75039
A T Jeffers
Chairman
0.00
0
0
0
5959 Las Colinas Boulevard
Irving
,
TX
75039
L K Bork
Secretary
3.00
0
0
0
5959 Las Colinas Boulevard
Irving
,
TX
75039
E M Jones Riley
Asst. Controller
1.00
0
0
0
1735 Hughes Landing Boulevard
The Woodlands
,
TX
77380
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
Total
number of other employees paid over $50,000
...................
Form
990-PF
(2021)
Form 990-PF (2021)
Page
7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
CyberGrants
Administrative
76,850
50 Millstone Road
Building 200 Floor 2 Suite 230
East Windsor
,
NJ
08520
Total
number of others receiving over $50,000 for professional services
.............
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
2
3
4
Part VIII-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
Form
990-PF
(2021)
Form 990-PF (2021)
Page
8
Part IX
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
0
b
Average of monthly cash balances
.......................
1b
163,872,962
c
Fair market value of all other assets (see instructions)
................
1c
5,791,781
d
Total
(add lines 1a, b, and c)
.........................
1d
169,664,743
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
0
3
Subtract line 2 from line 1d
.........................
3
169,664,743
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions)
.............................
4
2,544,971
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3.
............
5
167,119,772
6
Minimum investment return.
Enter 5% (0.05) of line 5
................
6
8,355,989
Part X
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part IX, line 6
..................
1
8,355,989
2a
Tax on investment income for 2021 from Part V, line 5
.......
2a
3,786
b
Income tax for 2021. (This does not include the tax from Part V.)
...
2b
0
c
Add lines 2a and 2b
............................
2c
3,786
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
8,352,203
4
Recoveries of amounts treated as qualifying distributions
................
4
61,147
5
Add lines 3 and 4
............................
5
8,413,350
6
Deduction from distributable amount (see instructions)
.................
6
0
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1
...
7
8,413,350
Part XI
Qualifying Distributions
(see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26
..........
1a
23,038,129
b
Program-related investments—total from Part VIII-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
0
b
Cash distribution test (attach the required schedule)
.................
3b
0
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part XII, line 4.
4
23,038,129
Form
990-PF
(2021)
Form 990-PF (2021)
Page
9
Part XII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2020
(c)
2020
(d)
2021
1
Distributable amount for 2021 from Part X, line 7
8,413,350
2
Undistributed income, if any, as of the end of 2021:
a
Enter amount for 2020 only
.......
41,921
b
Total for prior years:
20
,
20
,
20
3
Excess distributions carryover, if any, to 2021:
a
From 2016
......
54,150,271
b
From 2017
......
50,615,971
c
From 2018
......
49,512,251
d
From 2019
......
38,180,929
e
From 2020
......
43,197,330
f
Total
of lines 3a through e
........
235,656,752
4
Qualifying distributions for 2021 from Part
XI, line 4:
$
23,038,129
a
Applied to 2020, but not more than line 2a
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
c
Treated as distributions out of corpus (Election
required—see instructions)
........
d
Applied to 2021 distributable amount
.....
2,631,535
e
Remaining amount distributed out of corpus
20,341,595
5
Excess distributions carryover applied to 2021.
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
255,998,347
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2019. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
41,921
f
Undistributed income for 2021. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2022
..........
5,781,815
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
8
Excess distributions carryover from 2016 not
applied on line 5 or line 7 (see instructions)
...
54,150,271
9
Excess distributions carryover to 2022.
Subtract lines 7 and 8 from line 6a
......
201,848,076
10
Analysis of line 9:
a
Excess from 2017
....
50,615,971
b
Excess from 2018
....
49,512,251
c
Excess from 2019
....
38,180,929
d
Excess from 2020
....
43,197,330
e
Excess from 2021
....
20,341,595
Form
990-PF
(2021)
Form 990-PF (2021)
Page
10
Part XIII
Private Operating Foundations
(see instructions and Part VI-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2021, enter the date of the ruling
......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2021
(b)
2020
(c)
2019
(d)
2018
b
85% (0.85) of line 2a
.........
c
Qualifying distributions from Part XI,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed
..
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Volunteer Involvement Program
PO Box 7288
Princeton
,
NJ
08543
(877) 807-0204
[email protected]
b
The form in which applications should be submitted and information and materials they should include:
Individual or team Grant Application - The intent of the program is to encourage volunteerism through worthwhile and genuinely charitable activities in local communities. Upon completing 20 hours of eligible volunteer service an eligible grant applicant individual or team may submit a request for a $500 VIP grant online at www.cybergrants.com exxonmobil login. An individual volunteer or team leader must complete all required fields on the program website administrated by Cybergrants. The Charitable organization is encouraged to provide its automated clearing house ACH account information which includes its business address and bank account and routing numbers to facilitate grant payment.
c
Any submission deadlines:
12 31 2021
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Eligible organizations may receive a maximum of $5,000 per calendar year of individual volunteer grants in addition to a $10,000 maximum per calendar year for team grants. Eligible participants may apply for up to four individual grants per calendar year. Eligible Grant applicants are regular employees of ExxonMobil Corporation EMC or its affiliates that operate in the United States retirees spouses of employees and retirees and their dependent children between the ages 12 and 21 surviving spouses of deceased employees and retirees current and former directors of EMC and non-US. Payroll employees while on assignment in the U.S. with EMC consolidated affiliates.
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Educational Matching Gifts Program
P
Princeton
,
NJ
08543
(877) 807-0204
[email protected]
b
The form in which applications should be submitted and information and materials they should include:
ExxonMobil Foundation Educational Matching Gift program - The program is intended to encourage support for accredited U.S: institutions of Higher education by ExxonMobil employees retirees and surviving spouses. Eligible gifts up to maximum of $7,500 per donor per calendar year may be matched by the ExxonMobil Foundation at a 2-to-1 basis for current company employees and outside directors and on a 1-to-1 basis for retirees surviving spouses and former outside directors. Applications must be submitted online at www.cybergrants.com exxonmobil login on or before December 31 of that calendar year. Institutions receiving matching gifts donations must electronically certify the donations via the Cybergrants portal before the ExxonMobil Foundation can provide a matching gift.
c
Any submission deadlines:
N A
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Each gift must be a minimum of $50. Institutions receiving donations have 90 days from the date a donation is received to certify and communicate its eligibility. In calculating the $7,500 annual ceiling on a donor's matching gifts the Foundation will assign each gift to the calendar year in which it was made.
Form
990-PF
(2021)
Form 990-PF (2021)
Page
11
Part XIV
Supplementary Information
(continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
Educational Matching Gift Program
5959 Las Colinas Boulevard
Irving
,
TX
75039
No Relationship
N A
Educational matching gifts program
10,408,765
Volunteer Inlvolvement Program
5959 Las Colinas Boulevard
Irving
,
TX
75039
No Relationship
N A
Volunteer Involvement program
2,378,500
Beaumont Independent School
3395 Harrison Avenue
Beaumont
,
TX
77706
No Relationship
PC
Pre-College General Support
30,000
Houston Independents School Dist
4400 West 18TH St
Houston
,
TX
77092
No Relationship
PC
Precollege - Secme
15,000
Southeastern Consortium for Minorit
225 North Avenue NW
Atlanta
,
GA
30332
No Relationship
PC
Precollege- secme consortium
100,000
Teach for All
25 Broadway 13th Floor
New York
,
NY
10004
No Relationship
PC
Precollege - International network
150,000
National Action Council for Minorit
1432 Duke Street
Alexandria
,
VA
22314
No Relationship
PC
Higher education - general support
100,000
City of Baytown Parks Dpmt
2407 Market Street
Baytown
,
TX
77520
No Relationship
PC
Civic community - Baytown nature center
10,000
YMCA of Metropolitan Dallas
601 North Akard Street
Dallas
,
TX
75201
No Relationship
PC
Civic and community - YMCA strong kids - after school programs
5,000
Texas State Aquarium Associat
2710 North Shoreline
Corpus Christi
,
TX
75402
No Relationship
PC
environment-center for wildlife rescue recovery & research
500,000
Grassroot Soccer Inc
15 Lebanon Street
Hanover
,
NH
03755
No Relationship
PC
Health- Malaria prevention & sports curriculum
600,000
President and fellows of Harvard
665 Huntington Avenue
Boston
,
MA
02138
No Relationship
PC
Health-Harvard Malaria initiative
100,000
President and Fellows of Harvard
665 Huntington Avenue
Boston
,
MA
02138
No Relationship
PC
Health - ExxonMobil Malaria scholar in residence program
200,000
Johns Hopkins University
1615 Thames Street
Baltimore
,
MD
21231
No Relationship
PC
Health- Malaria in pregnancy MIP
200,000
Special Olympics INC
1133 19th Street NW
Washington
,
DC
20036
No Relationship
PC
Health- Malaria prevention through sports
100,000
United States agency for Int devel
USAID/LUANDA
Department of State
Washington
,
DC
20521
No Relationship
PC
Health-president's malaria initiative
100,000
National foundation for Disease Con
600 Peachtree Street NE
Suite 1000
Atlanta
,
GA
30308
No Relationship
PC
Health - National Foundation for the Centers for Disease Control and Prevention Inc.- CDC Foundation's Crisis Response Fund
50,000
Center for Global Development
2055 L Street NW 5th Floor
5th floor
Washington
,
DC
20036
No Relationship
PC
Other education- impact evaluation and research
100,000
Cherie Blair Foundation
P O Box 60519
London
,
London
W2 7JU
AF
No Relationship
PC
Other Education - Road to growth
500,000
Council on Foreign Relations Inc
58 East 68th Street
New York
,
NY
10065
No Relationship
PC
Other Education - Strategic Conference
50,000
Friends of Pan Africare Inc
1100 Connecticut Avenue NW
Suite 330
Washington
,
DC
20036
No Relationship
PC
Health - Malaria power forward: NBA partnership in Nigeria
500,000
Friends of Pan Africare Inc
1100 Connecticut Avenue NW
Suite 330
Washington
,
DC
20036
No Relationship
PC
Health - Malaria Community based Intervention
250,000
Friends pf Pan Africare Inc
1100 Connecticut Avenue NW
Suite 330
Washington
,
DC
20036
No Relationship
PC
Health- Malaria core Angola community program
250,000
GAVI
Chemin du Pommier 40
Global Health Campus
Geneve
,
Geneve
126476
AF
No Relationship
PC
Health- COVAX Contribution
50,000
Buffalo Bayou Partnership
1019 Commerce Street
Suite 200
Houston
,
TX
77002
No Relationship
PC
Civic & community - Buffalo Bayou Park Native Prairie Partnership
25,000
Houston Food Bank
535 Portwall Street
Houston
,
TX
77029
No Relationship
PC
Civic and Community - Winter Storm Uri Disaster Relief
75,000
Montgomery County Food Bank
1 Food for Life Way
Conroe
,
TX
77385
No Relationship
PC
Winter Storm Uri Disaster Relief
15,000
North Texas Food Bank
3677 Mapleshade Lane
Plano
,
TX
75075
No Relationship
PC
Winter Storm Uri Disaster Relief
10,000
North Texas Food Bank
3677 Mapleshade Lane
Plano
,
TX
75075
No Relationship
PC
2021 Holiday Donation
20,000
Rebuilding Together Houston
104 N Greenwood
Suite 100
Houston
,
TX
77011
No Relationship
PC
Winter Storm Uri Disaster Relief
100,000
Team Rubicon
214 Main Street 354
El Segundo
,
CA
90245
No Relationship
PC
Disaster Relief
100,000
ASU Foundation for New American Fou
P O Box 2260
Tempe
,
AZ
85280
No Relationship
PC
Environment - Support for Collaboration with the University of Guyana
500,000
Giant Sable Fund
17 Hopedale Street
Boston
,
MA
02134
No Relationship
PC
Envronment - Giant Sable Preservation Program
40,000
Iwokrama International Centre
77 High Street
Kingston
Georgetown
,
Georgetown
05924
AF
No Relationship
PC
Iworkama's Conservation Programmes in Guyana
1,565,000
Society of Women Engineers
130 East Randolph Street
Suite 3500
Chicago
,
IL
60601
No Relationship
PC
Higher Education - Engineering Outreach
100,000
Counterpart International Inc
2345 Crystal Drive
Suite 301
Arlington
,
VA
22202
No Relationship
PC
Other Education - Global Women in Management GWIM
500,000
George W Bush Foundation
2943 SMU Boulevard
Dallas
,
TX
75205
No Relationship
PC
Other Education - First Ladies Program
50,000
Kopernik Solutions
228 Park Avenue S 73293
New York
,
NY
10003
No Relationship
PC
Other Education - WEOI - Women's Distribution Network
350,000
Solar Sister Inc
94 Interpromontory Road
Great Falls
,
VA
22066
No Relationship
PC
Other Education - Sustainable Development
250,000
Technoserve Inc
1777 N Kent Street
Suite 1100
Arlington
,
VA
22209
No Relationship
PC
Other Education - Access to Markets Mozambique
300,000
LULAC National Educational Serv
1133 19th Street
Washington
,
DC
20036
No Relationship
PC
Pre-college Engineering Scholarship Program
60,000
Rise International - NFP
790 W Frontage Rd
Winnetka
,
IL
60093
No Relationship
PC
Precollege - General Support
5,000
America's Charities
14150 Newbrook Drive
Suite 110
Chantilly
,
VA
20151
No Relationship
PC
Dallas Favorite Charities Campaign
400,000
Capital Area United Way
700 Laurel Street
Baton Rouge
,
LA
70802
No Relationship
PC
Foundation Gift
100,000
Northern Santa Barbara County
PO Box 947
Santa Maria
,
CA
93456
No Relationship
PC
Foundation Gift
6,750
United Way of Beaumont and North
700 North Street
Suite H
Beaumont
,
TX
77701
No Relationship
PC
Foundation Gift
144,000
United Way of Grundy County
1802 N Division St
Suite 500
Morris
,
IL
60450
No Relationship
PC
Foundation Gift
4,950
United Way of Hunterdon County
4 Walter Foran Boulevard
Suite 401
Flemington
,
NJ
08822
No Relationship
PC
Foundation Gift
114,000
United Way of Santa Barbara County
320 E Gutierrez St
Santa Barbara
,
CA
93101
No Relationship
PC
Foundation Gift
3,600
United Way of Southwest Wyoming
510 South Main Street
Rock Springs
,
WY
82901
No Relationship
PC
Foundation Gift
11,700
United Way of greater Baytown Area
5309 Decker Drive
Baytown
,
TX
77520
No Relationship
PC
Foundation Gift
270,000
United Way of the Coastal Bend
4659 Everhart Road
Corpus Christi
,
TX
78411
No Relationship
PC
General support
10,000
United Way of West Florida Inc
1301 W Government St
Pensacola
,
FL
32502
No Relationship
PC
Foundation Gift
10,000
United Way of Will County
54 North Ottawa Street
Joliet
,
IL
60432
No Relationship
PC
Foundation Gift
67,500
United Way of Yellowstone County In
2173 Overland Avenue
Billings
,
MT
59102
No Relationship
PC
Foundation Gift
21,600
Total
.................................
3a
21,976,365
b
Approved for future payment
Educational Matching Gift Program
5959 Las Colinas Blvd
Irving
,
TX
75039
Educational Matching gifts program intended to encourage giving to higher education by ExxonMobil employees retirees and surviving spouses
8,792,611
Volunteer Involvement Program
5959 Las Colinas Boulevard
Irving
,
TX
75039
Volunteer Involvement Program intent is to encourage volunteerism to worthwhile charitable activities in the community rather than to provide large sums of money to the organizations
495,500
Total
.................................
3b
9,288,111
Form
990-PF
(2021)
Form 990-PF (2021)
Page
12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
0
0
0
b
0
0
0
c
0
0
0
d
0
0
0
e
0
0
0
f
0
0
0
0
0
0
g
Fees and contracts from government agencies
0
0
0
2
Membership dues and assessments
....
0
0
0
3
Interest on savings and temporary cash
investments
...........
0
14
193,036
0
4
Dividends and interest from securities
....
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
0
0
0
b
Not debt-financed property
.....
0
0
0
6
Net rental income or (loss) from personal property
0
0
0
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
0
18
-4,272,652
0
9
Net income or (loss) from special events:
0
0
0
10
Gross profit or (loss) from sales of inventory
0
0
0
11
Other revenue:
a
0
0
0
b
0
0
0
c
0
0
0
d
0
0
0
e
0
0
0
12
Subtotal. Add columns (b), (d), and (e)
..
0
-4,079,616
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
-4,079,616
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2021)
Form 990-PF (2021)
Page
13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2021)
Additional Data
Software ID:
21013404
Software Version:
V1.0
Part VI Line 7 - Tax Paid with the Original Return:
0
Form 990PF - Special Condition Description:
Special Condition Description