CARL A DAVIS AND LOIS E DAVIS FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: CARL A DAVIS AND LOIS E DAVIS FOUNDATION (EIN 37-1648116)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-10-30
IRS object ID: 202303039349100410
Schema version: 2022v5.0
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
Schedule B
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-10-30T10:08:21-05:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	731413977	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	HOGANTAYLOR LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	11300 CANTRELL ROAD SUITE 301	AddressLine1Txt
City	LITTLE ROCK	CityNm
State Abbreviation	AR	StateAbbreviationCd
ZIP	72212	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	371648116	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE CARL A DAVIS AND LOIS E DAVIS	BusinessNameLine1Txt
Business Name Line2	FOUNDATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	CARL	BusinessNameControlTxt
Phone	7135721122	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8822 STABLE CREST BOULEVARD	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77024	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LOIS DAVIS	PersonNm
Person Title	OFFICER	PersonTitleTxt
Phone	7135721122	PhoneNum
Signature	2023-10-25	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	LOIS	PersonFirstNm
Person Last	DAVIS	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

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	MICHELLE MANN	PreparerPersonNm
PTIN	P01064483	PTIN
Phone	5012275800	PhoneNum
Preparation	2023-10-25	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	2022	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	$49,310,624	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$299,795	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$173,800	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$165,510	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$1,146,705	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,146,705	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$849,504	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$13,112,431	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$45,797	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$65,468	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$816,593	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,377,683	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$25,000	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$12,500	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$12,500	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$10,302	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$417	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$271,416	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$271,416	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$306,718	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$284,333	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$12,500	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$782,925	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$782,925	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,089,643	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$284,333	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$795,425	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$273,050	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,093,350	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$3,232,227	CashBOYAmt
Cash EOY	$2,292,567	CashEOYAmt
Cash EOYFMV	$2,292,567	CashEOYFMVAmt
Corporate Stock BOY	$2,869,827	CorporateStockBOYAmt
Corporate Stock EOY	$3,305,882	CorporateStockEOYAmt
Corporate Stock EOYFMV	$2,589,925	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$999,970	CorporateBondsBOYAmt
Corporate Bonds EOY	$12,860,716	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$12,868,710	CorporateBondsEOYFMVAmt
Other Investments BOY	$44,784,620	OtherInvestmentsBOYAmt
Other Investments EOY	$33,439,672	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$31,559,422	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$51,886,644	TotalAssetsBOYAmt
Total Assets EOY	$51,898,837	TotalAssetsEOYAmt
Total Assets EOYFMV	$49,310,624	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	$51,886,644	RetainedEarningBOYAmt
Retained Earning EOY	$51,898,837	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$51,886,644	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$51,898,837	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$51,886,644	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$51,898,837	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$51,886,644	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$273,050	ExcessRevenueOverExpensesAmt
Other Increases	$285,243	OtherIncreasesAmt
Subtotal	$51,898,837	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$51,898,837	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PERSHING 0119 ST COVERED	P	2022-01-01	2022-12-31	$1,584,852	$1,921,729	-$336,877	-$336,877
PERSHING 0119 LT COVERED	P	1999-09-09	2022-12-31	$11,433,454	$11,884,193	-$450,739	-$450,739
PIMCO BRAVO OFFSHORE	P	1999-09-09	2022-12-31		$41,411	-$41,411	-$41,411
INVESCO DB COMMODITY	P	2022-01-01	2022-12-31	$1,087		$1,087	$1,087
INVESCO DB COMMODITY	P	1999-09-09	2022-12-31		$27	-$27	-$27
KKR LENDING PARTNERS	P	2022-01-01	2022-12-31	$3,710		$3,710	$3,710
KKR LENDING PARTNERS	P	1999-09-09	2022-12-31		$95,225	-$95,225	-$95,225
PIMCO BRAVO ONSHORE	P	1999-09-09	2022-12-31		$19,350	-$19,350	-$19,350
CAPITAL GAINS DIVIDENDS	P			$89,328		$89,328	$89,328

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$849,504	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$15,198	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$15,198	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$15,198	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$19,400	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$13,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$32,400	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$17,202	OverpaymentAmt
Applied To ES Tax	$17,202	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	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
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	N/A	WebsiteAddressTxt
Individual With Books	LOIS DAVIS	IndividualWithBooksNm
Phone	7135721122	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	8822 STABLE CREST BLVD	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77024	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 (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
CARL A DAVIS
8822 STABLE CREST	HOUSTON	TX	77024	DIRECTOR	1.00	$0	$0	$0
LOIS E DAVIS
8822 STABLE CREST	HOUSTON	TX	77024	DIRECTOR	1.00	$0	$0	$0
CHARLOTTE DAVIS LAKER
3624 ENCANTO DRIVE	FORT WORTH	TX	76109	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
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	$46,568,402	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$3,953,268	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$50,521,670	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$50,521,670	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$757,825	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$49,763,845	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$2,488,192	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$2,488,192	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$15,198	TaxBasedOnInvestmentIncomeAmt
Total Tax	$15,198	TotalTaxAmt
Distributable Before Adj	$2,472,994	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$2,472,994	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$2,472,994	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$795,425	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$795,425	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$2,472,994	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$866,280	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$944,206	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$1,385,076	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$9,059,918	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$4,953,540	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$17,209,020	TotalExcessDistributionCyovAmt
Qualifying Distributions	$795,425	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$795,425	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$1,677,569	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$1,677,569	ExcessDistributionCyovAppCYAmt
Total Corpus	$15,531,451	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	$15,531,451	ExcessDistriCyovToNextYrAmt
Excess From Year4	$132,917	ExcessFromYear4Amt
Excess From Year3	$1,385,076	ExcessFromYear3Amt
Excess From Year2	$9,059,918	ExcessFromYear2Amt
Excess From Year1	$4,953,540	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	CARL A DAVIS	ContributingManagerNm
Contributing Manager	LOIS E DAVIS	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (31 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ALLIANCE DEFENDING FREEDOM
15100 N 90TH STREET	SCOTTSDALE	AZ	85260	PUBLIC CHARITY	OPERATING SUPPORT	$13,500
ARCHDIOCESE FOR MILITARY SERVICES USA
1025 MICHIGAN AVE NE	WASHINGTON	DC	20017	PUBLIC CHARITY	OPERATING SUPPORT	$5,000
CATHOLIC ANSWERS
2020 GILLESPIE WAY	EL CAJON	CA	92020	PUBLIC CHARITY	OPERATING SUPPORT	$1,000
CATHOLIC CHARITIES
2900 LOUISIANA ST	HOUSTON	TX	77006	PUBLIC CHARITY	OPERATING SUPPORT	$25,000
CATHOLIC LEAGUE
450 FASHION AVE FL 34	NEW YORK	NY	10117	PUBLIC CHARITY	OPERATING SUPPORT	$1,500
CHRISTUS FOUNDATION
2615 FANNIN ST	HOUSTON	TX	77002	PUBLIC CHARITY	OPERATING SUPPORT	$10,000
ETERNAL WORD TELEVISION NETWORK
5817 OLD LEEDS RD	IRONDALE	AL	35210	PUBLIC CHARITY	OPERATING SUPPORT	$60,000
FOCUS ON THE FAMILY
8605 EXPLORER DR	COLORADO SPRINGS	CO	80920	PUBLIC CHARITY	OPERATING SUPPORT	$1,100
GUADALUPE RADIO NETWORK
1406 E GARDEN LN	MIDLAND	TX	79701	PUBLIC CHARITY	OPERATING SUPPORT	$30,000
HEROIC MEDIA
5806 MESA DR STE 310	AUSTIN	TX	78731	PUBLIC CHARITY	OPERATING SUPPORT	$5,000
HOUSTON COALITION FOR LIFE
3933 N MAIN ST	HOUSTON	TX	77009	PUBLIC CHARITY	OPERATING SUPPORT	$20,000
HOUSTON METHODIST HOSPITAL FOUNDATION
1020 HOLOCMBE BLVD STE 1400	HOUSTON	TX	77030	PUBLIC CHARITY	OPERATING SUPPORT	$50,000
HOUSTON MUSEUM OF NATURAL SCIENCE
5555 HERMAN PARK DR	HOUSTON	TX	77030	PUBLIC CHARITY	OPERATING SUPPORT	$2,500
KNIGHTS OF COLUMBUS
1 COLUMBUS PLAZA	NEW HAVEN	CT	06510	PUBLIC CHARITY	OPERATING SUPPORT	$10,000
LET THE CHILDREN LIVE
PO BOX 2325	ORINDA	CA	94563	PUBLIC CHARITY	OPERATING SUPPORT	$25,000
MUSEUM OF FINE ARTS
465 HUNTINGTON AVE	BOSTON	MA	02115	PUBLIC CHARITY	OPERATING SUPPORT	$200
OUR LADY OF WALSINGHAM CATHOLIC CHURCH
7809 SHADYVILLA LANE	HOUSTON	TX	77055	PUBLIC CHARITY	OPERATING SUPPORT	$282,100
PRISON FELLOWSHIP
44180 RIVERSIDE PARKWAY	LANSDOWNE	VA	20176	PUBLIC CHARITY	OPERATING SUPPORT	$1,500
SHERIFF'S ASSOCIATION OF TEXAS
1601 S INTERSTATE 35	AUSTIN	TX	78741	PUBLIC CHARITY	OPERATING SUPPORT	$200
ST DOMINIC VILLAGE
2401 HOLCOMBE BLVD	HOUSTON	TX	77021	PUBLIC CHARITY	OPERATING SUPPORT	$10,000
ST JOHN PAUL II FOUNDATION
PO BOX 5927	KATY	TX	77491	PUBLIC CHARITY	OPERATING SUPPORT	$20,000
STAR OF HOPE
4848 LOOP CENTRAL DR STE 500	HOUSTON	TX	77081	PUBLIC CHARITY	OPERATING SUPPORT	$20,000
TEXAS RIGHT TO LIFE
9800 CENTRE PKWY STE 200	HOUSTON	TX	77036	PUBLIC CHARITY	OPERATING SUPPORT	$10,000
THE 100 CLUB
5555 SAN FELIPE ST STE 1750	HOUSTON	TX	77056	PUBLIC CHARITY	OPERATING SUPPORT	$800
THE CARDINAL'S CIRCLE
2403 HOLCOMBE BLVD	HOUSTON	TX	77021	PUBLIC CHARITY	OPERATING SUPPORT	$5,000
THE JUNIOR LEAGUE OF HOUSTON INC
1811 BRIAR OAKS LN	HOUSTON	TX	77027	PUBLIC CHARITY	OPERATING SUPPORT	$575
THE PERSONAL ORDINARIATE OF THE CHAIR OF ST PETER
7809 SHADYVILLA LANE	HOUSTON	TX	77055	PUBLIC CHARITY	OPERATING SUPPORT	$12,000
UNIVERSITY OF ST THOMAS
3800 MONTROSE	HOUSTON	TX	77006	PUBLIC CHARITY	OPERATING SUPPORT	$155,000
USPSTF
5600 FISHERS LANE	ROCKVILLE	MD	20857	PUBLIC CHARITY	OPERATING SUPPORT	$200
SAMARITAN'S PURSE
PO BOX 3000	BOONE	NC	28607	PUBLIC CHARITY	OPERATING SUPPORT	$5,000
THEATRE UNDER THE STARS
800 BAGBY ST STE 200	HOUSTON	TX	77002	PUBLIC CHARITY	OPERATING SUPPORT	$750

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$782,925	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	$173,800	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,146,705	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$45,797	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$849,504	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$516,798	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$516,798	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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	LOIS DAVIS	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	8822 STABLE CREST	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77024	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$299,795	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$25,000	Amt
Net Investment Income	$12,500	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$12,500	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (6 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
US TREAS BILLS 0.000% 01/17/23 B/E DTD 09/20/22	$2,743,068	$2,746,068
US TREAS BILLS 0.000% 01/24/23 B/E DTD 09/27/22	$3,990,167	$3,991,040
US TREAS BILLS 0.000% 02/09/23 B/E DTD 08/11/22	$2,462,920	$2,490,025
US TREAS BILLS 0.000% 06/01/23 B/E DTD 12/01/22	$977,350	$981,370
US TREAS BILLS 0.000% 11/30/23 B/E DTD 12/01/22	$716,196	$719,107
US TREAS NTS 2.500% 05/31/24 B/E DTD 05/31/22	$1,971,015	$1,941,100

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
EQUITIES: ARES CAP CORP COM	$467,455	$447,861
EQUITIES: ARES MGMT CORP COM CL A	$198,978	$184,309
EQUITIES: BANK AMER CORP COM	$174,901	$131,122
EQUITIES: JPMORGAN CHASE & CO COM	$174,825	$158,372
EQUITIES: KKR & CO INC COM	$303,767	$204,991
EQUITIES: KKR REAL ESTATE FIN TR INC COM	$431,019	$288,762
EQUITIES: OWL ROCK CAP CORP COM	$664,885	$505,532
EQUITIES: VARIOUS COMMON STOCKS	$490,082	$413,802
EQUITIES: BANK OZK LITTLE ROCK ARK SER A NON-CUM PERF PFD 4.625%	$399,970	$255,174

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (24 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
MUTUAL FUNDS: CALAMOS CONVERTIBLE FUND CLASS A	AT COST	$375,790	$256,883
MUTUAL FUNDS: DODGE & COX STOCK FUND CLASS I	AT COST	$325,222	$326,948
MUTUAL FUNDS: EATON VANCE FLOATING RATE ADVANTAGE FUND CLASS I	AT COST	$488,370	$480,980
MUTUAL FUNDS: FEDERATED HERMES STRATEGIC VALUE DIVIDEND FUND CLASS IS	AT COST	$379,313	$407,774
MUTUAL FUNDS: FEDERATED HERMES FLOATING RATE STRATEGIC INCOME FUND CLASS IS	AT COST	$486,406	$460,750
MUTUAL FUNDS: FEDERATED HERMES TREASURY OBLIGATIONS FUND CLASS IS	AT COST	$1,068,000	$1,068,000
MUTUAL FUNDS: VANGUARD WINDSOR II FUND ADMIRAL SHARES	AT COST	$981,364	$919,331
MUTUAL FUNDS: VANGUARD INFLATION PROTECTED SECURITIES FUND	AT COST	$2,175,793	$1,793,928
ALT INV: ALPS ETF TR ALERIAN MLP ETF NEW	AT COST	$473,543	$966,673
ALT INV: GOLDMAN SACHS ETF TR TR ACCESS INVT GRADE CORP BD ETF	AT COST	$3,916,530	$3,101,464
ALT INV: INVESCO QQQ TR UNIT SER I	AT COST	$339,730	$287,849
ALT INV: INVESCO DB COMMODITY INDEX TRACKING FD UNIT	AT COST	$218,299	$298,783
ALT INV: INVESCO EXCHANGE-TRADED FD TR II VAR RATE PFD ETF	AT COST	$1,779,251	$1,607,020
ALT INV: ISHARES TR MSCI EMERGING MKTS INDEX FD	AT COST	$61,075	$42,713
ALT INV: ISHARES TR 1-3 TREAS BD ETF	AT COST	$4,218,794	$3,959,878
ALT INV: ISHARES TR MSCI EAFE ETF	AT COST	$103,710	$88,942
ALT INV: ISHARES TR GLOBAL 100 ETF	AT COST	$479,264	$510,286
ALT INV: ISHARES TR RUSSELL 1000 VALUE ETF	AT COST	$983,294	$1,165,430
ALT INV: ISHARES TR RUSSELL 1000 ETF	AT COST	$730,307	$869,448
ALT INV: ISHARES TR RUSSELL 3000 ETF	AT COST	$679,820	$813,206
ALT INV: ISHARES TR PFD & INCOME SECS ETF	AT COST	$1,492,420	$1,261,347
ALT INV: JP MORGAN EXCHANGE-TRADED FD TR ULTRA-SHORT INCOME ETF	AT COST	$2,999,844	$2,960,929
ALT INV: VANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM	AT COST	$7,765,133	$7,058,311
ALT INV: INVESCO EXCHANGE-TRADED FD TR II SR LN ETF	AT COST	$918,400	$852,549

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PASSTHROUGH OTHER DEDUCTIONS	$6,506	$6,506	$0
STEPHENS MANAGEMENT FEES	$264,910	$264,910	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
INVESCO DB COMMODITY	$62,425	$62,425	$62,425
KKR LENDING PARTNERS	-$19,671	$0	-$19,671
KKR LENDING PARTNERS	$3,774	$3,774	$3,774
PIMCO BRAVO OFFSHORE	-$731	-$731	-$731

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED ADJUSTMENTS TO BOOK VALUE OF MUTUAL FUND ACCOUNTS	Desc
Amt	$285,243	Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAX PAID	$417	$417	$0
EXCISE TAX EXPENSE	$9,885	$0	$0