A review of public records
in the form of the foundation’s Form 990s reveals that the foundation was funded in three years [2006, 2007, 2008] with an additional year with a small donation, 2010 ($425).
For 2006 and 2008, an attached Schedule B identifies stock in Petrofac Limited as the form of the noncash donation to the foundation by the Owens. The ticker symbol (POFCF) represents the listing on US OTC markets for Petrofac Limited, which trades on the London Stock Exchange under the ticker symbol PFC. Note that this is different from the rest of the post, since I’m using the Petrofac stock price on the London Stock Exchange multiplied by the GBP/USD exchange rate to calculate the value of a Petrofac share in dollars.
In December 2006, the Owens donated 700,000 shares of Petrofac Limited, the value of which was estimated at $5,514,250 ($7.88/share).
In February 2008, the Owens donated 1,000,000 shares of Petrofac Limited, the value of which was estimated at $8,640,000 ($8.64/share)
For 2007, there is no attached Schedule B that I can find on the Form 990s retrievable online for the Foundation. However, the revenue from contributions for the year was $6,441,120. My understanding of a list of short term sales attached as Schedule 1 is that there were a total of $11.6 million in sales for two batches of 700,000 shares in Petrofac Limited. As such, I believe that the proper number for 2007 is also 700k.