The Texas State Capitol

Form 990-PFTax year 2025EIN 20-0402748

A Mad Idea Foundation

A private foundation in Houston, TX. Its return for tax year 2025 lists 2 grants and $40,000 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $40,000

    Grants listed
    2
    Assets, end of year
    $448,593
  • Tax year 2024

    $35,000

    Grants listed
    1
    Assets, end of year
    $488,390
  • Tax year 2023

    $30,000

    Grants listed
    2
    Assets, end of year
    $521,698
  • Tax year 2022

    $35,000

    Grants listed
    1
    Assets, end of year
    $549,635
  • Tax year 2021

    $100,000

    Grants listed
    3
    Assets, end of year
    $583,898
  • Tax year 2020

    $25,000

    Grants listed
    1
    Assets, end of year
    $689,397
  • Tax year 2019

    $25,000

    Grants listed
    1
    Assets, end of year
    $298,421
  • Tax year 2018

    $50,000

    Grants listed
    2
    Assets, end of year
    $317,386

Grants paid in 2025

2 grants, largest first

As listed on the return.

  1. Rice UniversityHouston, TX

    General Contribution

    $35,000
  2. Main Street TheaterHouston, TX

    General Contribution

    $5,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $35,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Texas2 grants $40,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Byrd C WallsDIRECTOR/PRESIDENT Hours 0Pay $0
  • Lon W WilliamsDIRECTOR Hours 0Pay $0
  • Kathy CireDIRECTOR Hours 0Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Rekha & Sudhir Puranik FoundationHouston, TX 1 grant Preselected only $40,097 giving
  2. Dorman FoundationHouston, TX 5 grants Preselected only $41,000 giving
  3. Andrew White Family FoundationHouston, TX 5 grants Preselected only $41,306 giving
  4. The Moreno FoundationHouston, TX 12 grants Preselected only $38,255 giving
  5. The Gill FoundationHouston, TX 15 grants Preselected only $42,035 giving