MR AND MRS NELSON RUSCHE FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MR AND MRS NELSON RUSCHE FOUNDATION (EIN 31-1741790)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-06
- IRS object ID
- 202421279349100107
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-06T06:46:27-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760269860 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311741790 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mr and Mrs Nelson Rusche Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MRAN | BusinessNameControlTxt |
| Phone | 9362282226 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9582 Escondido Drive | AddressLine1Txt |
| City | Willis | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77318 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michele Rosas | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Phone | 9362282226 | PhoneNum |
| Signature | 2024-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Michele | PersonFirstNm |
| Person Last | Rosas | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kurt Coburn | PreparerPersonNm |
| PTIN | P01638285 | PTIN |
| Phone | 7134395739 | PhoneNum |
| Preparation | 2024-05-06 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $43,222,534 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $678,368 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $678,368 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $68,688 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,941,066 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $68,688 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $747,056 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $747,056 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $43,250 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $6,487 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $36,763 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $3,309 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $496 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $2,813 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $525 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $525 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $105,435 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $105,435 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,759 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $59 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,700 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $154,278 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $112,477 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $41,801 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,985,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,985,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,139,278 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $112,477 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,026,801 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,392,222 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $634,579 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $18,709 | CashBOYAmt |
| Cash EOY | $34,367 | CashEOYAmt |
| Cash EOYFMV | $34,367 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,566,610 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,188,519 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,188,519 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $167,172 | PrepaidExpensesBOYAmt |
| US Government Obligations BOY | $5,600,519 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $6,216,735 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $6,077,828 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $25,372,727 | CorporateStockBOYAmt |
| Corporate Stock EOY | $22,976,000 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $28,527,219 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $7,029,772 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,704,721 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,394,601 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $39,755,509 | TotalAssetsBOYAmt |
| Total Assets EOY | $38,120,342 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $43,222,534 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $39,755,509 | RetainedEarningBOYAmt |
| Retained Earning EOY | $38,120,342 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $39,755,509 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $38,120,342 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $39,755,509 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $38,120,342 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $39,755,509 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,392,222 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $38,363,287 | SubtotalAmt |
| Other Decreases | $242,945 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $38,120,342 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly traded securities | PropertyDesc |
| Gross Sales Price | $14,941,066 | GrossSalesPriceAmt |
| Cost Or Other Basis | $14,872,378 | CostOrOtherBasisAmt |
| Gain Or Loss | $68,688 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $68,688 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $68,688 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,821 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,821 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,821 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $50,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $50,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $41,179 | OverpaymentAmt |
| Applied To ES Tax | $41,179 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | None | WebsiteAddressTxt |
| Individual With Books | Michele Rosas | IndividualWithBooksNm |
| Phone | 9362282226 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9582 Escondido Drive | AddressLine1Txt |
| City | Willis | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77318 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Suzanne R Jefferys | ||||||||
| 9582 Escondido Drive | Willis | TX | 77318 | President/Treasurer/Director | 1.00 | $0 | $0 | $0 |
| Holly Michele Rosas | ||||||||
| 9582 Escondido Drive | Willis | TX | 77318 | Exec Director/VP/Sec/Director | 15.00 | $43,250 | $0 | $0 |
| Jordan Brooke Jefferys | ||||||||
| 9582 Escondido Drive | Willis | TX | 77318 | Director | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Vaughan Nelson Investment Management | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 Travis St Ste 3800 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment management | ServiceTypeTxt |
| Compensation | $105,435 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $39,961,668 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,550,659 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $41,512,327 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $41,512,327 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $622,685 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $40,889,642 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,044,482 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,044,482 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,821 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,821 | TotalTaxAmt |
| Distributable Before Adj | $2,035,661 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,035,661 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,035,661 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,026,801 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,026,801 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,035,661 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $674,039 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,026,801 | QualifyingDistributionsAmt |
| Applied To Year1 | $674,039 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,352,762 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $682,899 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (44 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| American Red Cross | ||||||||
| 2700 Southwest Freeway | Houston | TX | 77098 | N/A | PC | General Support | $15,000 | |
| Any Baby Can | ||||||||
| 6207 Sheridan Avenue | Austin | TX | 78723 | N/A | PC | General Support | $25,000 | |
| Assistance League Montgomery County | ||||||||
| 126 North San Jacinto Street | Conroe | TX | 77300 | N/A | PC | General Support | $10,000 | |
| Austin Angels | ||||||||
| 9901 Brodie Lane Suite 160 PMB 255 | Austin | TX | 78748 | N/A | PC | General Support | $15,000 | |
| Austin Child Guidance Center | ||||||||
| 810 West 45th Street | Austin | TX | 78751 | N/A | PC | General Support | $20,000 | |
| Austin Community Foundation | ||||||||
| 4315 Guadalupe Street 300 | Austin | TX | 78751 | N/A | PC | General Support for Beautifully Loved Fund | $10,000 | |
| Austin Sunshine Camps | ||||||||
| PO Box 161270 | Austin | TX | 78716 | N/A | PC | General Support | $30,000 | |
| Battleship Texas Foundation | ||||||||
| One Riverway | Houston | TX | 77056 | N/A | PC | Ship Restoration Capital Campaign | $100,000 | |
| Breakthrough Central Texas | ||||||||
| 1050 East 11th Street Suite 350 | Austin | TX | 78702 | N/A | PC | General Support & Student and Family Support Fund | $30,000 | |
| Camp For All Foundation | ||||||||
| 3701 Kirby Drive Suite 570 | Houston | TX | 77098 | N/A | PC | General Support | $25,000 | |
| Central Texas Food Bank | ||||||||
| 6500 Metropolis Drive | Austin | TX | 78744 | N/A | PC | General Support | $10,000 | |
| Communities in Schools of Central Texas | ||||||||
| 3000 South IH-35 Suite 200 | Austin | TX | 78704 | N/A | PC | General Support & Male Student Success Coalition | $50,000 | |
| Con Mi MADRE | ||||||||
| 1825 Fortview Road Suite 114 | Austin | TX | 78704 | N/A | PC | General Support, Scholarships, and Con Mi Hermano | $75,000 | |
| DePelchin Children's Center | ||||||||
| 4950 Memorial Drive | Houston | TX | 77007 | N/A | PC | General Support | $50,000 | |
| Dress for Success Austin | ||||||||
| 3000 South IH-35 Suite 180 | Austin | TX | 78704 | N/A | PC | General Support | $10,000 | |
| Fertility Foundation of Texas | ||||||||
| 3801 North Capital Of Texas Highway | Austin | TX | 78746 | N/A | PC | General Support | $50,000 | Suite E-240 PMB 131 |
| First United Methodist Church of Houston | ||||||||
| 1320 Main Street | Houston | TX | 77002 | N/A | PC | Operations & Building Maintenance at Downtown Campus | $150,000 | |
| Girls Empowerment Network | ||||||||
| PO Box 3122 | Austin | TX | 78764 | N/A | PC | General Support | $20,000 | |
| God's Garage | ||||||||
| 2100 East Davis Street | Conroe | TX | 77301 | N/A | PC | General Support | $5,000 | |
| Hand to Hold | ||||||||
| 12325 Hymeadow Drive Suite 4-102 | Austin | TX | 78750 | N/A | PC | General Support | $15,000 | |
| House of Peace | ||||||||
| 502 Eldridge Road | Sugarland | TX | 77478 | N/A | PC | General Support | $20,000 | |
| Jeremiah Program Austin | ||||||||
| PO Box 860819 | Minneapolis | MN | 554860819 | N/A | PC | Child Development Center to Help Repurchase Stolen Items | $5,000 | |
| Lowe Syndrome Association Inc | ||||||||
| 8190 Beechmont Avenue Suite 111 | Cincinnati | OH | 45255 | N/A | PC | General Support | $50,000 | |
| Make-A-Wish Central and South Texas | ||||||||
| 3600 Bee Caves Road Suite 100 | Austin | TX | 78746 | N/A | PC | General Support | $30,000 | |
| Montgomery County Crime Stoppers Inc | ||||||||
| 39 North Heritage Hill Circle | The Woodlands | TX | 77381 | N/A | PC | General Support | $30,000 | |
| Montgomery County Food Bank | ||||||||
| 1 Food for Life Way | Conroe | TX | 77385 | N/A | PC | General Support | $10,000 | |
| Mothers' Milk Bank at Austin | ||||||||
| 5925 Dillard Circle | Austin | TX | 78752 | N/A | PC | Charitable Assistance Program | $30,000 | |
| New Danville | ||||||||
| 10951 Shepard Hill Road | Willis | TX | 77318 | N/A | PC | General Support | $10,000 | |
| Pop-Up Birthday | ||||||||
| 101 Westlake Drive Suite 210 | Austin | TX | 78746 | N/A | PC | General Support | $10,000 | |
| Ronald McDonald House Charities of Central Texas | ||||||||
| 1315 Barbara Jordan Blvd | Austin | TX | 78723 | N/A | PC | Expansion Campaign | $30,000 | |
| SEARCH Homeless Services | ||||||||
| 2015 Congress Street | Houston | TX | 77002 | N/A | PC | General Support | $50,000 | |
| SFASU Foundation | ||||||||
| PO Box 6092 SFA Station | Nacogdoches | TX | 75962 | N/A | PC | Scholarships & Student Emergency Aid Program | $525,000 | |
| SIRE | ||||||||
| PO Box 924067 | Houston | TX | 77292 | N/A | PC | General Support | $50,000 | |
| Snowdrop Foundation Inc | ||||||||
| PO Box 19808 | Houston | TX | 77224 | N/A | PC | General Support | $100,000 | |
| Sunrise Homeless Navigation Center | ||||||||
| 4430 Menchaca Road | Austin | TX | 78745 | N/A | PC | General Support | $10,000 | |
| Sustainable Food Center | ||||||||
| 2921 East 17th Street Building C | Austin | TX | 78702 | N/A | PC | General Support | $50,000 | |
| The Council on Recovery | ||||||||
| PO Box 2768 | Houston | TX | 77252 | N/A | PC | General Support | $50,000 | |
| The New Philanthropists | ||||||||
| PO Box 302528 | Austin | TX | 78703 | N/A | PC | General Support | $5,000 | |
| The Osteosarcoma Institute | ||||||||
| 3963 Maple Avenue Suite 390 | Dallas | TX | 75219 | N/A | PC | General Support for The Hartz Family Osteosarcoma Fund | $10,000 | |
| The SAFE Alliance | ||||||||
| PO Box 19454 | Austin | TX | 78760 | N/A | PC | General Support | $15,000 | |
| The Seton Fund | ||||||||
| 1206 West 38th Street Suite 4200 | Austin | TX | 78705 | N/A | PC | Women First Campaign & Dell Seton | $125,000 | |
| Tourette Association of Texas | ||||||||
| 3919 River Forest Drive | Richmond | TX | 77406 | N/A | PC | General Support | $20,000 | |
| Urban Roots | ||||||||
| PO Box 17932 | Austin | TX | 78760 | N/A | PC | General Support | $20,000 | |
| Youth Justice Alliance | ||||||||
| 1700 South Lamar Boulevard Suite | Austin | TX | 78704 | N/A | PC | General Support | $15,000 | 338 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,985,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $678,368 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $68,688 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $747,056 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $747,056 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990-PF, Part XII, Line 2a | FormAndLineReferenceDesc |
| Medium Explanation | The foundation's 2022 Form 990-PF reported excess distributions of $377,763. The foundation has recalculated its undistributed income for tax year 2022 to be $674,039. There were no excess distributions from 2022. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (20 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| American Express Co 3%24 Due 10/30/24 | $375,118 | $367,682 |
| Oracle Corp 2.5%25 Due 04/01/25 | $306,316 | $290,452 |
| Goldman Sachs Int Var 25 Due 09/29/25 | $413,710 | $393,238 |
| Bristol-Myers Sq 0.75%25 Due 11/13/25 | $396,411 | $372,728 |
| Morgan Stanley 3.875%26 Due 01/27/26 | $532,941 | $488,678 |
| The Boeing Co 2.75%26 Due 02/01/26 | $460,721 | $430,093 |
| JPMorgan Chase & Var 26 Due 04/22/26 | $152,828 | $143,720 |
| U.S. Bancorp 3.1%26 Due 04/27/26 | $406,187 | $407,470 |
| Chubb INA Holdin 3.35%26 Due 05/03/26 | $389,987 | $388,999 |
| The Allstate Cor 3.28%26 Due 12/15/26 | $150,039 | $145,020 |
| Amazon.com, Inc. 3.3%27 Due 04/13/27 | $376,385 | $364,372 |
| The Home Depot, I 2.5%27 Due 04/15/27 | $312,633 | $282,877 |
| Bank of America C Var 27 Due 07/22/27 | $432,905 | $458,517 |
| Interntnl Busines 6.5%28 Due 01/15/28 | $220,377 | $214,547 |
| Wells Fargo & Co Var 28 Due 05/22/28 | $429,883 | $381,093 |
| JPMorgan Chase & Var 28 Due 06/01/28 | $170,911 | $159,872 |
| Duke Energy Flori 3.8%28 Due 07/15/28 | $208,144 | $194,344 |
| Ntnl Rural Utilit 3.7%29 Due 03/15/29 | $303,973 | $283,724 |
| Unitedhealth Grou 5.3%30 Due 02/15/30 | $360,851 | $366,766 |
| Nevada Power Co 2.4%30 Due 05/01/30 | $304,401 | $260,409 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (30 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Accenture Plc / 2,455 shares | $796,660 | $861,484 |
| Alphabet Inc. / 8,325 shares | $890,830 | $1,162,919 |
| Amazon.com, Inc / 8,325 shares | $838,771 | $1,264,900 |
| Aon Plc / 2,260 shares | $439,836 | $657,705 |
| Berkshire Hathaway / 2,400 shares | $712,470 | $855,984 |
| Chemed Corp / 775 shares | $376,097 | $453,181 |
| Danaher Corp / 2,945 shares | $724,140 | $681,296 |
| Dexcom Inc / 5,470 shares | $554,502 | $678,772 |
| Estee Lauderco Inc / 3,115 shares | $431,229 | $455,569 |
| Hess Corp / 4,315 shares | $651,057 | $622,050 |
| Intercontinental Exc / 9,295 shares | $1,084,565 | $1,193,757 |
| Johnson & Johnson / 3,195 shares | $530,813 | $500,784 |
| JPMorgan Chase & Co / 3,780 shares | $554,595 | $642,978 |
| Kosmos Energy Ltd / 93,360 shares | $345,387 | $626,446 |
| Microsoft Corp / 4,395 shares | $249,423 | $1,652,696 |
| Monolithic Power Sys / 1,715 shares | $818,763 | $1,081,788 |
| Nextera Energy Inc / 8,520 shares | $635,160 | $517,505 |
| Nvidia Corp / 1,700 shares | $214,768 | $841,874 |
| O Reilly Automotive / 995 shares | $928,307 | $945,330 |
| Saia Inc / 2,455 shares | $696,200 | $1,075,830 |
| Salesforce Inc / 4,215 shares | $629,913 | $1,109,135 |
| Sherwin Williams Co / 3,565 shares | $888,900 | $1,111,924 |
| Union Pacific Corp / 2,990 shares | $476,600 | $734,404 |
| Verisign Inc / 3,630 shares | $674,759 | $747,635 |
| Verisk Analytics Inc / 2,880 shares | $566,878 | $687,917 |
| Walt Disney Co / 5,115 shares | $476,770 | $461,833 |
| Wheaton Precious Metal / 16,775 shares | $647,244 | $827,679 |
| Zoetis Inc / 4,615 shares | $881,381 | $910,863 |
| Vaughan Nelson Internati / 360,973.1410 shares | $4,888,076 | $4,663,773 |
| Prologis Inc. / REIT / 3,745 shares | $371,906 | $499,208 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $6,216,735 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $6,077,828 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General governance and counsel | CategoryTxt |
| Legal Fees | $525 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $525 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Reverse prior period accrual | $167,172 |
| Tax basis adjustment | $75,773 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Payroll service fees | $392 | $59 | $333 |
| Insurance | $76 | $0 | $76 |
| Professional development | $49 | $0 | $49 |
| State filing fees | $5 | $0 | $5 |
| Office expenses | $1,237 | $0 | $1,237 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment management fees | CategoryTxt |
| Amt | $105,435 | Amt |
| Net Investment Income | $105,435 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |