GEORGE W BRACKENRIDGE FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: GEORGE W BRACKENRIDGE FOUNDATION (EIN 74-6034977)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-06
IRS object ID: 202413119349101001
Schema version: 2023v5.1
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 Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-06T08:21:16-06:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	461840150	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ASEL & ASSOCIATES PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4725 COLLEGE PARK STE 200	AddressLine1Txt
City	SAN ANTONIO	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78249	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	746034977	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GEORGE W BRACKENRIDGE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GEOR	BusinessNameControlTxt
Phone	2106930819	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	700 N SAINT MARYS ST STE 875	AddressLine1Txt
City	SAN ANTONIO	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	782053535	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	VICTORIA B RICO	PersonNm
Person Title	CHAIRMAN & TRUSTEE	PersonTitleTxt
Phone	2106930819	PhoneNum
Signature	2024-11-06	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOHN C ASEL	PreparerPersonNm
PTIN	P00201377	PTIN
Phone	2105445665	PhoneNum

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$70,888,786	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$1,410,061	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,410,061	DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss	$35,366	GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm	$35,366	GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss	$35,366	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	-$29,347	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$2,750,000	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$6,168,520	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$6,168,520	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$7,584,600	TotalRevAndExpnssAmt
Total Net Invst Incm	$7,613,947	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$324,411	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$162,206	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$162,205	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$344,880	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$172,440	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm	$0	OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$172,440	OthEmplSlrsWgsDsbrsChrtblAmt
Legal Fees Rev And Expnss	$1,659	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$1,050	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$609	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$90,393	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$45,196	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$45,196	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$282,952	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$177,374	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$10,197	TaxesDsbrsChrtblAmt
Occupancy Rev And Expnss	$91,003	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$45,502	OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm	$0	OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl	$45,501	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$7,967	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm	$0	TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$7,967	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$195,659	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$148,219	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$47,441	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,338,924	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$751,987	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$491,556	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$4,864,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$4,864,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$6,202,924	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$751,987	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$5,355,556	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,381,676	ExcessRevenueOverExpensesAmt
Net Investment Income	$6,861,960	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1,675,712	CashBOYAmt
Cash EOY	$678,691	CashEOYAmt
Cash EOYFMV	$678,691	CashEOYFMVAmt
Acct Rcvbl	$1,400,722	AcctRcvblAmt
Acct Rcvbl BOY	$555,113	AcctRcvblBOYAmt
Acct Rcvbl EOY	$1,400,722	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$1,400,722	AcctRcvblEOYFMVAmt
Prepaid Expenses BOY	$19,405	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$27,114	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$27,114	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$39,273,460	CorporateStockBOYAmt
Corporate Stock EOY	$41,863,444	CorporateStockEOYAmt
Corporate Stock EOYFMV	$51,125,181	CorporateStockEOYFMVAmt
Other Investments BOY	$1,081,740	OtherInvestmentsBOYAmt
Other Investments EOY	$847,300	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$14,544,626	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$210,946	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$210,946	LandBldgEquipAccumDeprecAmt
Other Assets BOY	$3,184,334	OtherAssetsBOYAmt
Other Assets EOY	$3,112,452	OtherAssetsEOYAmt
Other Assets EOYFMV	$3,112,452	OtherAssetsEOYFMVAmt
Total Assets BOY	$45,789,764	TotalAssetsBOYAmt
Total Assets EOY	$47,929,723	TotalAssetsEOYAmt
Total Assets EOYFMV	$70,888,786	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$741,368	AccountsPayableBOYAmt
Accounts Payable EOY	$691,985	AccountsPayableEOYAmt
Grants Payable BOY	$3,972,146	GrantsPayableBOYAmt
Grants Payable EOY	$2,774,132	GrantsPayableEOYAmt
Other Liabilities BOY	$188,148	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$115,578	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$4,901,662	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$3,581,695	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$40,888,102	CapitalStockBOYAmt
Capital Stock EOY	$44,348,028	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$0	RetainedEarningBOYAmt
Retained Earning EOY	$0	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$40,888,102	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$44,348,028	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$45,789,764	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$47,929,723	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$40,888,102	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,381,676	ExcessRevenueOverExpensesAmt
Other Increases	$2,163,852	OtherIncreasesAmt
Subtotal	$44,433,630	SubtotalAmt
Other Decreases	$85,602	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$44,348,028	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
SCHWAB #6295 US TREASURY NOTE	P	2023-06-14	2023-08-15	$2,750,000	$2,750,000	$0	$0
TARGETED TECHNOLOGY FUND II, LP	P	2020-01-01	2023-12-31		$29,347	-$29,347	-$29,347

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$29,347	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$0	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$95,381	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$95,381	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$95,381	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$83,217	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$60,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$143,217	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$47,836	OverpaymentAmt
Applied To ES Tax	$47,836	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	HTTP://WWW.BRACKENRIDGEFOUNDATION.ORG	WebsiteAddressTxt
Individual With Books	ASEL ASSOCIATES PLLC	IndividualWithBooksNm
Phone	2105445665	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	4725 COLLEGE PARK SUITE 200	AddressLine1Txt
City	SAN ANTONIO	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78249	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
Transactions Fail To Qlfy As Exc	0	TransactionsFailToQlfyAsExcInd
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
VICTORIA B RICO
700 N ST MARYS ST STE 875	SAN ANTONIO	TX	78205	TRUSTEE	20.00	$108,137	$0	$0
RANDALL J BOATRIGHT
22823 ESTACADO	SAN ANTONIO	TX	78261	TRUSTEE	10.00	$108,137	$0	$0
DAVID ROTH
7887 BROADWAY APT 506	SAN ANTONIO	TX	78209	TRUSTEE	10.00	$108,137	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
NORA J WALSH
222 E HOUSTON STREET APT 1501	SAN ANTONIO	TX	78205	DIRECTOR	40.00	$270,000	$0	$0
JADE D WALSH
222 E HOUSTON STREET APT 1202	SAN ANTONIO	TX	78205	ASSISTANT	32.00	$74,880	$0	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
1900 WEALTH
1900 BROADWAY STE 900	SAN ANTONIO	TX	78215	INVESTMENT ADVISORY	$114,039
ASEL & ASSOCIATES PLLC
4725 COLLEGE PARK STE 200	SAN ANTONIO	TX	78249	ACCOUNTING SERVICE	$90,408

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	$46,326,058	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$590,548	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$14,339,360	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$61,255,966	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$61,255,966	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$918,839	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$60,337,127	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$3,016,856	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$3,016,856	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$95,381	TaxBasedOnInvestmentIncomeAmt
Total Tax	$95,381	TotalTaxAmt
Distributable Before Adj	$2,921,475	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$2,921,475	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$2,921,475	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$5,355,556	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$5,355,556	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$2,921,475	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr4	$42,774	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$1,117,947	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$327,388	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$1,488,109	TotalExcessDistributionCyovAmt
Qualifying Distributions	$5,355,556	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$2,921,475	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$2,434,081	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$3,922,190	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$3,922,190	ExcessDistriCyovToNextYrAmt
Excess From Year4	$42,774	ExcessFromYear4Amt
Excess From Year3	$1,117,947	ExcessFromYear3Amt
Excess From Year2	$327,388	ExcessFromYear2Amt
Excess From Current Year	$2,434,081	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
KIPP TEXAS PUBLIC SCHOOLS
731 FREDERICKSBURG RD	SAN ANTONIO	TX	78201	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$5,000
TEXAS PUBLIC CHARTER SCHOOLS ASSOCIATION
3005 S LAMAR BLVD D-447	AUSTIN	TX	78704	NONE	PUBLIC CHARITY	EDUCATIONAL PURPOSES OR PROGRAMS	$35,000
CELEBRATE DYSLEXIA SCHOOLS
10131 W MILITARY DR STE 104	SAN ANTONIO	TX	78251	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$50,000
TEXAS A&M SAN ANTONIO FOUNDATION
ONE UNIVERSITY WAY	SAN ANTONIO	TX	78224	NONE	PUBLIC CHARITY	EDUCATIONAL PURPOSES OR PROGRAMS	$50,000
SAN ANTONIO CHARTER MOMS
708 W SUMMIT AVENUE	SAN ANTONIO	TX	78212	NONE	PUBLIC CHARITY	EDUCATIONAL PURPOSES OR PROGRAMS	$50,000
PROMESA ACADEMY CHARTER SCHOOL
603 MERIDA STREET	SAN ANTONIO	TX	78207	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$200,000
PRELUDE PREPATORY SCHOOL
1707 CENTENNIAL BLVD	SAN ANTONIO	TX	78211	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$200,000
SAN ANTONIO PREPARATORY INC
6127 SUMMER FEST DRIVE	SAN ANTONIO	TX	78244	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$250,000
50 CAN INC
1380 MONROE ST NW 413	WASHINGTON	DC	20010	NONE	PUBLIC CHARITY	EDUCATIONAL PURPOSES OR PROGRAMS	$250,000
HARMONY PUBLIC SCHOOLS
9321 WEST SAM HOUSTON PARKWAY SOUTH	HOUSTON	TX	77099	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$250,000
NEW FRONTIERS PUBLIC SCHOOLS INC
901 NE LOOP 410 STE 711	SAN ANTONIO	TX	78209	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$250,000
CHOOSE TO SUCCEED
700 NORTH ST MARYS STREET STE 875	SAN ANTONIO	TX	78205	NONE	PUBLIC CHARITY	EDUCATIONAL PURPOSES OR PROGRAMS	$280,000
ESSENCE PREPARATORY PUBLIC SCHOOL
723 SE LOOP 410 ACCESS RD	SAN ANTONIO	TX	78220	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$309,000
SCHOOL OF SCIENCE AND TECHNOLOGY
5300 WURZBACH RD STE 800	SAN ANTONIO	TX	78238	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$550,000
VALOR TEXAS EDUCATION FOUNDATION
220 FOREMOST DR	AUSTIN	TX	78745	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$550,000
BASIS TEXAS CHARTER SCHOOLS
404 E RAMSEY SUITE 106	SAN ANTONIO	TX	78216	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$710,000
GREAT HEARTS AMERICA TEXAS
12500 SAN PEDRO AVE UNIT 500	SAN ANTONIO	TX	78216	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$875,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$4,864,000	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
FUTURO EDUCATION SAN ANTONIO
415 MARY LOUISE DR	SAN ANTONIO	TX	78201	NONE	PUBLIC CHARITY	EDUCATIONAL PURPOSES OR PROGRAMS	$10,000
FAMILIES EMPOWERED
2050 N LOOP W SUITE 230	HOUSTON	TX	77018	NONE	PUBLIC CHARITY	EDUCATIONAL PURPOSES OR PROGRAMS	$25,000
JUBILEE ACADEMY
4434 ROLAND RD	SAN ANTONIO	TX	78222	NONE	PUBLIC SCHOOL	EDUCATIONAL PURPOSES OR PROGRAMS	$100,000
CHOOSE TO SUCCEED
700 NORTH ST MARYS STREET STE 875	SAN ANTONIO	TX	78205	NONE	PUBLIC CHARITY	EDUCATIONAL PURPOSES OR PROGRAMS	$100,000
TEXAS CHARTER SCHOOLS DEVELOPMENT
401 FRANKLIN STREET SUITE 2400-107	HOUSTON	TX	77201	NONE	PUBLIC CHARITY	EDUCATIONAL PURPOSES OR PROGRAMS	$1,000,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$1,235,000	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,410,061	ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

Field	Value	IRS element (for citing)
Exclusion	16	ExclusionCd
Exclusion	$35,366	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$29,347	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt
OIL AND GAS ROYALTIES	15	$6,173,709
PASSTHROUGH INVESTMENT	01	-$5,189

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$7,584,600	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$7,584,600	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	ASEL & ASSOCIATES, PLLC	CategoryTxt
Amt	$90,393	Amt
Net Investment Income	$45,196	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$45,196	DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ISHARES CORE S&P SMALL	$1,859,285	$2,750,107
VANGUARD FTSE EMERGING	$3,974,936	$3,997,512
VANGUARD FTSE EUROPE	$6,064,143	$7,334,628
VANGUARD FTSE PACIFIC	$6,713,106	$7,200,166
VANGUARD MIDCAP ETF	$3,251,337	$5,311,198
SCHWAB S&P 500 INDEX FD	$6,050,593	$11,182,598
BAIRD CORE PLUS BONDS	$8,023,678	$7,422,606
SCHWAB 6295 MONEY MARKET FUNDS [NON-SWEE	$5,926,366	$5,926,366

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (5 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
REAL ESTATE	FMV	$4,434	$14,138,430
GLOBAL ACCESS PE VINTAGE 2013 LP	FMV	$283,051	$181,523
TARGETED TECHNOLOGY FUND II	FMV	$472,664	$137,522
CASH SCHWAB 6295	FMV	$32,764	$32,764
JP MORGAN CASH 7008	FMV	$54,387	$54,387

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp (3 entries)

CategoryCategoryTxt	Legal FeesLegalFeesAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
SCHULMAN, LOPEZ & HOFFER	$334	$0	$0	$334
FINSTON FRIEDMAN FISHER LAW GROUP LLC	$550	$275	$0	$275
SANTOYO MOORE WEHMEYER	$775	$775	$0	$0

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (4 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ELECTRICITY DEPOSIT	$400	$400	$400
SECURITY DEPOSITS	$3,795	$3,795	$3,795
REFUNDABLE ADVANCE	$3,000,000	$3,000,000	$3,000,000
ROU ASSET	$180,139	$108,257	$108,257

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	DEFERRED FEDERAL TAX ASSETS	Desc
Amt	$85,602	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MEMBERSHIP CONFERENCE	$1,850	$0	$0	$1,850
PAYROLL SERVICE FEES	$4,119	$2,060	$0	$2,060
APPRAISAL FEES	$5,899	$5,899	$0	$0
OUTREACH FOR GRANTEES	$17,310	$0	$0	$17,310
INSURANCE	$22,688	$11,344	$0	$11,344
OFFICE ADMINISTRATION	$29,754	$14,877	$0	$14,877
INVESTMENT ADVISORY FEES	$114,039	$114,039	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
OIL AND GAS ROYALTIES	$6,173,709	$6,173,709	$0
PASSTHROUGH INVESTMENT	-$5,189	-$5,189	$0

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (3 entries)

DescDesc	AmtAmt
ACCRUAL TO CASH ADJUSTMENT	$2,129,196
BOOK(TAX) PASSTHROUGH DIFFERENCE	$34,536
PY ADJUSTMENT	$120

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
ACCRUED LIABILITIES	$1,593	$1,930
OPERATING LEASE LIABILITY	$113,648	$38,312
ST OPERATING LEASE LIABILITY	$72,907	$75,336

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (5 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
AD VALOREM TAXES - REEVES COUNTY	$140,016	$140,016	$0	$0
AD VALOREM TAXES - BEXAR COUNTY	$817	$408	$0	$409
PAYROLL - TAXES	$19,576	$9,788	$0	$9,788
FEDERAL EXCISE TAX	$95,381	$0	$0	$0
FOREIGN TAX EXPENSE	$27,162	$27,162	$0	$0