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← INEOS ICAN FOUNDATION

Form 990 for tax year 2025

Filed by INEOS ICAN FOUNDATION.

Totals

Total revenue
$736,385
Total expenses
$672,393
Contributions and grants received
$308,792
Grants paid
$0
Program service revenue
$423,026
Investment income
$4,567
Other revenue
$0
Total assets, end of year
$608,655
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$608,655
Program services expenses (Part IX)
$220,120
Management and general expenses
$218,094
Fundraising expenses
$234,179
Program service expenses (Part III)
$220,120

Program services were 32.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $308,792

  • 1g · Noncash contributions included above

    $96,228

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $423,026 · related or exempt $423,026

  • 3 · Investment income

    total $4,567 · related or exempt $4,567

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $2,668 · management and general $2,668

  • 12 · Advertising and promotion

    total $21,000 · program services $21,000

  • 13 · Office expenses

    total $207 · management and general $207

  • 14 · Information technology

    total $2,940 · management and general $2,940

  • 17 · Travel

    total $1,147 · management and general $1,147

  • 19 · Conferences, conventions and meetings

    total $85,725 · program services $85,725

  • 24a · Other expenses: RENTAL EXPENSE

    total $163,758 · management and general $91,182 · fundraising $72,576

  • 24b · Other expenses: DONATION EXPENSE

    total $101,031 · program services $46,977 · management and general $54,054

  • 24c · Other expenses: DONATIONS EXPENSE

    total $66,418 · program services $66,418

  • 24d · Other expenses: RESEARCH

    total $52,600 · management and general $52,600

  • 24e · All other expenses

    total $174,899 · management and general $13,296 · fundraising $161,603

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $479,652 · end of year $261,344

  • 2 · Savings and temporary cash investments

    end of year $304,555

  • 3 · Pledges and grants receivable

    beginning of year $45,300 · end of year $20,500

  • 4 · Accounts receivable

    beginning of year $19,469 · end of year $22,256

  • 27 · Net assets without donor restrictions

    beginning of year $544,421 · end of year $608,655

Mission and programs · 2025

Mission

THE ICAN FOUNDATION IS THE US CHARITABLE ARM OF INEOS, A LARGE, INTEGRATED, INTERNATIONAL CHEMICAL COMPANY. INEOS BELIEVES IT HAS A RESPONSIBILITY TO HELP DEVELOP OUR COUNTRY'S BEST RESOURSE: ITS NEXT GENERATION. THE ICAN FOUNDATION IS A TEXAS 501(C) (3) NON-PROFIT AND VOLUNTEER ORGANIZATION THAT SUPPORTS OUTRERACH EFFORTS FOCUSING ON CHILD HEALTH, EDUCATION, AND THE DEVELOPMENT OF OUR FUTURE WORKFORCE IN HOUSTON AND ITS SURROUNDING AREAS. OUR EFFORTS ARE DIRECTED TOWARDS MAKING A DIFFERNCE IN THE AREAS WHERE WE OPERATE AND LIVE.

  • GOLF TOURNAMENT

    Expenses $52,339 · Revenue $228,046

  • SPORTING CLAYS TOURNAMENT

    Expenses $53,109 · Revenue $145,947

  • REEL DEAL

    Expenses $54,638 · Revenue $63,261

  • GREENS FOR GOOD

    Expenses $60,034 · Revenue $152,811

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tim Avery

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Sara Cassells

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    40
  • Kathryn Shuler

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    38
  • Greg Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marie Boykin

    TREASURER &

    Total calculated
    $0
    Hours/week
    1
  • Marie Boykin

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Rob Osterhold

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
18 May 2026
IRS schema version
2025v4.0
Source object
202601389349300615

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