SEMMES FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SEMMES FOUNDATION INC (EIN 74-6062264)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-09
- IRS object ID
- 202431309349101943
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-09T11:53:45-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 475186683 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HANNAH CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 NAVARRO STREET SUITE 200 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78205 | 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 | 746062264 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEMMES FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SEMM | BusinessNameControlTxt |
| Phone | 2102250887 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 NAVARRO SUITE 210 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78205 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS R SEMMES | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2102250887 | 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 | THOMAS | PersonFirstNm |
| Person Last | SEMMES | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | 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 | J ROBERT HANNAH JR | PreparerPersonNm |
| PTIN | P00944294 | PTIN |
| Phone | 2102291829 | PhoneNum |
| Preparation | 2024-05-06 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | 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 | $64,111,264 | 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 |
| Interest On Sav Rev And Expnss | $738 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $738 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,247,471 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,247,471 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,266,733 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,564,837 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,266,733 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $378,935 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $378,935 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,893,877 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,893,877 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $50,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $50,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $24,625 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,313 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $12,312 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $180,397 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $179,647 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $750 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $79,843 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $43,161 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,647 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,647 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $120 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $120 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $25,557 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $18,156 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $7,401 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $362,189 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $253,277 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $72,230 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,294,650 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,294,650 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,656,839 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $253,277 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,366,880 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,762,962 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,640,600 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $76,337 | CashBOYAmt |
| Cash EOY | $127,418 | CashEOYAmt |
| Cash EOYFMV | $127,418 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,326,797 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,803,576 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,803,576 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $14,361 | PrepaidExpensesBOYAmt |
| US Government Obligations BOY | $62,446 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $62,446 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $40,200 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $19,426,392 | CorporateStockBOYAmt |
| Corporate Stock EOY | $18,141,094 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $60,985,882 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,979 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,979 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,136,769 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $3,669 | OtherAssetsBOYAmt |
| Other Assets EOY | $17,419 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $17,419 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $22,912,981 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,154,932 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $64,111,264 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4,913 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,913 | 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 | $22,912,981 | RetainedEarningBOYAmt |
| Retained Earning EOY | $20,150,019 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $22,912,981 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,150,019 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $22,912,981 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,154,932 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $22,912,981 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,762,962 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $20,150,019 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $20,150,019 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| CENTRAL SECURITIES CORP | P | 2000-02-15 | 2023-12-21 | $123,944 | $123,944 | $123,944 | |
| COVERED LT - FROST F0673000 | P | 2022-01-01 | 2023-12-31 | $38,978 | -$16,331 | -$16,331 | $55,309 |
| CG DISTRIB - FROST F0673000 | P | 2022-01-01 | 2023-12-31 | $15,493 | $15,493 | $15,493 | |
| CG DISTRIB - FROST F0673100 | P | 2022-01-01 | 2023-12-31 | $12 | $12 | $12 | |
| COVERED ST - FROST F0673100 | P | 2023-01-01 | 2023-12-31 | $686,819 | $33,292 | $33,292 | $653,527 |
| COVERED LT - FROST F0673100 | P | 2022-01-01 | 2023-12-31 | $2,830,394 | $766,342 | $766,342 | $2,064,052 |
| HOME DEPOT | P | 2009-05-20 | 2023-06-06 | $44,365 | $40,669 | $40,669 | $3,696 |
| HONEYWELL INTERNATIONAL | P | 2022-01-01 | 2023-06-06 | $74,356 | $60,294 | $60,294 | $14,062 |
| MICROCHIP TECHNOLOGY | P | 2009-04-30 | 2023-06-06 | $35,723 | $32,514 | $32,514 | $3,209 |
| RTX CORP | P | 2010-07-21 | 2023-06-06 | $106,901 | $63,952 | $63,952 | $42,949 |
| VISA INC CL A | P | 2010-08-10 | 2023-06-06 | $85,610 | $78,590 | $78,590 | $7,020 |
| COVERED ST - FROST LKCM FC695 | P | 2023-01-01 | 2023-12-31 | $41,129 | -$6,338 | -$6,338 | $47,467 |
| COVERED LT - FROST LKCM FC695 | P | 2022-01-01 | 2023-12-31 | $464,941 | $68,290 | $68,290 | $396,651 |
| CENTRAL SECURITIES CORP | P | 2000-02-15 | 2023-12-29 | $3 | $1 | $1 | $2 |
| KYNDRYL HOLDINGS INC | P | 2006-06-22 | 2023-08-18 | $6,278 | -$1,063 | -$1,063 | $7,341 |
| ORGANON & CO | P | 2022-01-01 | 2023-08-18 | $8,950 | $6,240 | $6,240 | $2,710 |
| ZIMVIE INC | P | 2022-01-01 | 2023-08-18 | $941 | $832 | $832 | $109 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,266,733 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $36,704 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $36,704 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $36,704 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $31,791 | 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 | $31,791 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $4,913 | TaxDueAmt |
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 | WWW.SEMMESFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | THOMAS R SEMMES | IndividualWithBooksNm |
| Phone | 2102250887 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 NAVARRO STE 210 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78205 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| THOMAS R SEMMES | ||||||||
| 800 NAVARRO STE 210 | SAN ANTONIO | TX | 78205 | PRESIDENT | 15.00 | $0 | $0 | $0 |
| PATRICIA SEMMES | ||||||||
| 800 NAVARRO STE 210 | SAN ANTONIO | TX | 78205 | VICE-PRESIDENT/SECRETARY | 1.00 | $0 | $0 | $0 |
| WILLIAM M FISHER | ||||||||
| 755 E MULBERRY | SAN ANTONIO | TX | 78212 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| CORY ALBRACHT | ||||||||
| 27751 RANCH LANE | BOERNE | TX | 78006 | SECRETARY-TREASURER | 10.00 | $50,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $58,188,120 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,555,014 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,459,513 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $62,202,647 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $62,202,647 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $933,040 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $61,269,607 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,063,480 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,063,480 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $36,704 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $36,704 | TotalTaxAmt |
| Distributable Before Adj | $3,026,776 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,026,776 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,026,776 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,366,880 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $5,366,880 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,026,776 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,868,759 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,366,880 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,868,759 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,498,121 | 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 | $528,655 | 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
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CORY ALBRACHT | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 NAVARRO SUITE 210 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78205 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2102250887 | RecipientPhoneNum |
| Form And Info And Materials | CONCISE WRITTEN PROPOSALS. MUST SHOW EXEMPT STATUS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | GENERALLY SAN ANTONIO AREA. NO INDIVIDUAL GRANTS, LOANS. THE MAJORITY OF CONTRIBUTIONS ARE IN AREAS OF INTEREST, OR INSTITUTIONS SPECIFIED BY THE BOARD OF DIRECTORS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| OUR LADY OF THE LAKE UNIVERSITY | ||||||
| 11 SW 24TH STREET | SAN ANTONIO | TX | 78207 | PC | PRESIDENT'S DISCRETIONARY FUND | $100,000 |
| TEXAS BAR FOUNDATION | ||||||
| 505 LAVACA ST SUITE 105 | AUSTIN | TX | 78701 | PC | LEGAL AID | $2,000 |
| TEXAS BIOMEDICAL RESEARCH INSTITUTE | ||||||
| PO BOX 760549 | SAN ANTONIO | TX | 78245 | PC | MEDICAL RESEARCH SUPPORT | $1,150 |
| UNIVERSITY OF TEXAS AUSTIN | ||||||
| 110 INNER CAMPUS DR | AUSTIN | TX | 78701 | PC | MCDONALD OBSERVATORY | $5,000 |
| UNIVERSITY OF TEXAS SAN ANTONIO | ||||||
| 1 UTSA CIRCLE | SAN ANTONIO | TX | 78249 | PC | GENERAL SUPPORT | $500 |
| THE SANTA FE OPERA | ||||||
| 301 OPERA DR | SANTA FE | NM | 87506 | PC | GENERAL SUPPORT | $10,000 |
| MCNAY ART MUSEUM | ||||||
| 6000 N NEW BRAUNFELS AVE | SAN ANTONIO | TX | 78209 | PC | GENERAL SUPPORT | $151,000 |
| OPERA SAN ANTONIO | ||||||
| 4500 INDUSTRY PARK DR | SAN ANTONIO | TX | 78218 | PC | GENERAL SUPPORT | $25,000 |
| SAN ANTONIO ACADEMY OF TEXAS | ||||||
| 117 E FRENCH PLACE | SAN ANTONIO | TX | 78212 | PC | ENDOWMENT FUND | $5,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,294,650 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $738 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,247,471 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $378,935 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,266,733 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,893,877 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,893,877 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $24,625 | Amt |
| Net Investment Income | $12,313 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $12,312 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FROST BANK | $15,464,753 | $51,803,685 |
| VANGUARD GROUP | $2,676,341 | $9,182,197 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $62,446 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $40,200 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ROYALTY INTEREST | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $2,979 | BookValueAmt |
| EOYFMV | $1,136,769 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT INCOME ACCRUAL | Desc |
| BOY Book Value | $3,669 | BOYBookValueAmt |
| EOY Book Value | $17,419 | EOYBookValueAmt |
| EOYFMV | $17,419 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OTHER OIL & GAS EXPENSE | $10,756 | $10,756 | $0 | $0 |
| INTEREST EXPENSE | $209 | $104 | $0 | $105 |
| RENT/PARKING/UTILITIES | $13,800 | $6,900 | $0 | $6,900 |
| OFFICE EXPENSE | $660 | $330 | $0 | $330 |
| POSTAGE/MAILING SERVICE | $132 | $66 | $0 | $66 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| SABINE ROYALTY TRUST | $109,511 | $109,511 |
| OIL & GAS GROSS ROYALTIES | $269,412 | $269,412 |
| MISCELLANEOUS INCOME | $12 | $12 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $4,913 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CONTRACT SERVICES | $750 | $0 | $0 | $750 |
| INVESTMENT FEES | $179,647 | $179,647 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PRODUCTION TAXES | $25,757 | $25,757 | $0 | $0 |
| FOREIGN TAXES | $818 | $818 | $0 | $0 |
| AD VALOREM TAXES | $16,585 | $16,586 | $0 | $0 |
| EXCISE TAX | $36,683 | $0 | $0 | $0 |