H E BUTT FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- H E BUTT FOUNDATION (EIN 74-1239819)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-14
- IRS object ID
- 202303189349104450
- 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
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases 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 | 2023-11-14T14:11:59-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 W Houston St Ste 1901 | 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 | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 741239819 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | H E Butt Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % PAUL ANDERSON | InCareOfNm |
| Business Name Control | HEBU | BusinessNameControlTxt |
| Phone | 8303159214 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 290670 | AddressLine1Txt |
| City | Kerrville | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 780290670 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JANICE FLYNN | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 8303159246 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JANICE | PersonFirstNm |
| Person Last | FLYNN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEWART GOODSON | PreparerPersonNm |
| PTIN | P00084462 | PTIN |
| Phone | 2102289696 | PhoneNum |
| Preparation | 2023-11-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| 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 | $769,744,982 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $231,483,146 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $12,887,672 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $12,887,672 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $12,887,672 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $55,015,680 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $287,029,321 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $55,000,892 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$1,212,944 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$1,909,848 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | -$1,875,841 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $298,173,554 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $65,978,716 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $11,011,831 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $687,687 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $34,384 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $687,687 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $7,950,531 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $105,170 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $13,955 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $7,810,976 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $485,156 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $485,156 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $47,470 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $47,470 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $131,064 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $13,106 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $13,106 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $117,958 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $622,956 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $622,956 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $622,956 | OtherProfFeesAdjNetIncmAmt |
| Interest Rev And Expnss | $39,672 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $39,672 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $39,672 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $2,064,091 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $286,936 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $286,936 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $811,379 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $3,831,262 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $112,641 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $112,641 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $7,666,166 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $778,106 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $778,106 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $6,888,058 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $23,638,696 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,880,330 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $1,754,731 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $16,961,325 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,481,714 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,481,714 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $26,120,410 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,880,330 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $1,754,731 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $19,443,039 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $272,053,144 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $64,098,386 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $9,257,100 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $14,560,504 | CashBOYAmt |
| Cash EOY | $9,976,413 | CashEOYAmt |
| Cash EOYFMV | $9,976,413 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,999,534 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,647,092 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,647,092 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $186,640 | AcctRcvblAmt |
| Acct Rcvbl BOY | $386,921 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $186,640 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $186,640 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $212,751 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $201,781 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $201,781 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $43,792,055 | CorporateStockBOYAmt |
| Corporate Stock EOY | $121,816,245 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $108,528,436 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $363,866,902 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $555,474,031 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $560,193,658 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $90,255,231 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $32,526,795 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $47,286,907 | LandBOYAmt |
| Land EOY | $57,728,436 | LandEOYAmt |
| Land EOYFMV | $89,010,962 | LandEOYFMVAmt |
| Total Assets BOY | $473,105,574 | TotalAssetsBOYAmt |
| Total Assets EOY | $747,030,638 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $769,744,982 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,237,043 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $3,017,213 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $6,821 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,243,864 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,017,213 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $471,861,710 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $744,013,425 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $471,861,710 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $744,013,425 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $473,105,574 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $747,030,638 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $471,861,710 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $272,053,144 | ExcessRevenueOverExpensesAmt |
| Subtotal | $743,914,854 | SubtotalAmt |
| Other Decreases | -$98,571 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $744,013,425 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (58 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|
| ST SALES THRU DCM PRIVATE EQUITY | 2022-01-01 | 2022-12-31 | $218 | -$218 | -$218 | |
| LT SALES THRU DCM PRIVATE EQUITY | 2019-01-01 | 2022-12-31 | $152,799 | $152,799 | $152,799 | |
| ST SALES THRU TOWNSQUARE REAL ESTATE ALPHA FUND I | 2022-01-01 | 2022-12-31 | $12 | $12 | $12 | |
| LT SALES THRU TOWNSQUARE REAL ESTATE ALPHA FUND I | 2019-01-01 | 2022-12-31 | $195,241 | -$195,241 | -$195,241 | |
| LT SALES THRU METROPOLITAN REAL ESTATE PARTNERS GLOBAL VI | 2019-01-01 | 2022-12-31 | $114,631 | $114,631 | $114,631 | |
| LT SALES THRU INSIGNIA CAPITAL PARTNERS | 2019-01-01 | 2022-12-31 | $6,518 | $6,518 | $6,518 | |
| ST SALES THRU MONTAUK TRIGUARD FUND VI | 2022-01-01 | 2022-12-31 | $586 | -$586 | -$586 | |
| LT SALES THRU MONTAUK TRIGUARD FUND VI | 2019-01-01 | 2022-12-31 | $6,819 | $6,819 | $6,819 | |
| LT SALES THRU AG CORE PLUS REALTY FUND IV | 2019-01-01 | 2022-12-31 | $244,927 | $244,927 | $244,927 | |
| LT SALES THRU CVI CREDIT VALUE FUND B IBV | 2019-01-01 | 2022-12-31 | $21,058 | $21,058 | $21,058 | |
| LT SALES THRU PARTNERS GROUP DIRECT EQUITY 2016 | 2019-01-01 | 2022-12-31 | $431,359 | $431,359 | $431,359 | |
| ST SALES THRU GEORGIAN PARTNERS GROWTH FUND | 2022-01-01 | 2022-12-31 | $48 | -$48 | -$48 | |
| LT SALES THRU GEORGIAN PARTNERS GROWTH FUND | 2019-01-01 | 2022-12-31 | $425,742 | $425,742 | $425,742 | |
| ST SALES THRU GLENDOWER CAPITAL SECONDARY OPPORTUNITIES FUND IV | 2022-01-01 | 2022-12-31 | $43,980 | $43,980 | $43,980 | |
| LT SALES THRU GLENDOWER CAPITAL SECONDARY OPPORTUNITIES FUND IV | 2019-01-01 | 2022-12-31 | $490,905 | $490,905 | $490,905 | |
| ST SALES THRU MONROE CAPITAL PRIVATE CREDIT FUND III | 2022-01-01 | 2022-12-31 | $396 | -$396 | -$396 | |
| LT SALES THRU MONROE CAPITAL PRIVATE CREDIT FUND III | 2019-01-01 | 2022-12-31 | $41,275 | $41,275 | $41,275 | |
| ST SALES THRU POLUNIN EMERGIN MARKETS SMALL CAP FUND | 2019-01-01 | 2022-12-31 | $19,899 | -$19,899 | -$19,899 | |
| LT SALES THRU POLUNIN EMERGIN MARKETS SMALL CAP FUND | 2019-01-01 | 2022-12-31 | $1,040,558 | $1,040,558 | $1,040,558 | |
| ST SALES THRU TORTOISE | 2019-01-01 | 2022-12-31 | $2,889 | -$2,889 | -$2,889 | |
| LT SALES THRU TORTOISE | 2019-01-01 | 2022-12-31 | $47,677 | -$47,677 | -$47,677 | |
| LT SALES THRU KAYNE PRIVATE ENERGY INCOME FUND II | 2019-01-01 | 2022-12-31 | $185,365 | $185,365 | $185,365 | |
| LT SALES THRU SEARCHLIGHT CAPITAL III | 2019-01-01 | 2022-12-31 | $2,391 | $2,391 | $2,391 | |
| LT SALES THRU TRIVE CAPITAL FUND III | 2019-01-01 | 2022-12-31 | $87,904 | $87,904 | $87,904 | |
| ST SALES THRU VANCE STREET CAPITAL III | 2022-01-01 | 2022-12-31 | $29,114 | $29,114 | $29,114 | |
| ST SALES THRU ARBOUR LANE | 2022-01-01 | 2022-12-31 | $14,265 | -$14,265 | -$14,265 | |
| LT SALES THRU ARBOUR LANE | 2019-01-01 | 2022-12-31 | $59,520 | -$59,520 | -$59,520 | |
| ST GQG PARTNERS GLOBAL EQUITY FUND | 2022-01-01 | 2022-12-31 | $6,383,513 | -$6,383,513 | -$6,383,513 | |
| LT GQG PARTNERS GLOBAL EQUITY FUND | 2019-01-01 | 2022-12-31 | $1,395,157 | $1,395,157 | $1,395,157 | |
| ST SALES THRU SSGA | 2022-01-01 | 2022-12-31 | $166,175 | -$166,175 | -$166,175 | |
| LT SALES THRU STEPSTONE OPPORTUNITIES III | 2019-01-01 | 2022-12-31 | $380,462 | $380,462 | $380,462 | |
| ST SALES THRU STEPSTONE VC SECONDARIES FUND IV | 2022-01-01 | 2022-12-31 | $6,145 | $6,145 | $6,145 | |
| LT SALES THRU STEPSTONE VC SECONDARIES FUND IV | 2019-01-01 | 2022-12-31 | $56,620 | $56,620 | $56,620 | |
| ST SALES THRU MSCI EAFE CURRENCY HEDGED EQUITY INDEX FUND B | 2022-01-01 | 2022-12-31 | $49,518 | -$49,518 | -$49,518 | |
| LT SALES THRU MSCI EAFE CURRENCY HEDGED EQUITY INDEX FUND B | 2019-01-01 | 2022-12-31 | $2,519,966 | -$2,519,966 | -$2,519,966 | |
| ST SALES THRU RUSSELL 3000 INDEX FUND B | 2022-01-01 | 2022-12-31 | $787,348 | -$787,348 | -$787,348 | |
| LT SALES THRU RUSSELL 3000 INDEX FUND B | 2019-01-01 | 2022-12-31 | $4,085,990 | $4,085,990 | $4,085,990 | |
| ST SALES THRU THOMA BRAVO FUND XV-A | 2022-01-01 | 2022-12-31 | $101 | $101 | $101 | |
| ST SALES THRU WGI DEVELOPED MARKETS | 2022-01-01 | 2022-12-31 | $1,407 | -$1,407 | -$1,407 | |
| LT SALES THRU WGI DEVELOPED MARKETS | 2019-01-01 | 2022-12-31 | $5,451 | -$5,451 | -$5,451 | |
| ST SALES THRU FRONTENAC XII PRIVATE CAPITAL (PARALLEL) LP | 2022-01-01 | 2022-12-31 | $893 | $893 | $893 | |
| ST SALES THRU THE EMERGING FREE MARKETS COUNTRY FUND | 2022-01-01 | 2022-12-31 | $246,624 | -$246,624 | -$246,624 | |
| LT SALES THRU THE EMERGING FREE MARKETS COUNTRY FUND | 2019-01-01 | 2022-12-31 | $2,688,630 | -$2,688,630 | -$2,688,630 | |
| ST SALES THRU TIGER INFRASTRUCTURE PARTNERS FUND III | 2022-01-01 | 2022-12-31 | $12,563 | $12,563 | $12,563 | |
| LT SALES THRU TIGER INFRASTRUCTURE PARTNERS FUND III | 2019-01-01 | 2022-12-31 | $967 | $967 | $967 | |
| ST SALES THRU IPI PARTNERS III A LP | 2019-01-01 | 2022-12-31 | $7,895 | -$7,895 | -$7,895 | |
| QSBS SALE THRU MONTAUK - 50% EXC | 2019-01-01 | 2022-12-31 | $6 | $11 | $11 | |
| QSBS SALE THRU MONTAUK - 75% EXC | 2019-01-01 | 2022-12-31 | $2 | $9 | $9 | |
| QSBS SALE THRU MONTAUK - 100% EXC | 2019-01-01 | 2022-12-31 | $381 | $381 | ||
| QSBS SALE THRU DCM - 100% EXC | 2019-01-01 | 2022-12-31 | $139 | $139 | ||
| LT CAPITAL GAIN DISTRIBUTION | 2019-01-01 | 2022-12-31 | $2,639,042 | $2,639,042 | $2,639,042 | |
| LT CAPITAL GAIN US BANK RANGER ACCOUNT(SEE ATTACHMENT) | 2019-01-01 | 2022-12-31 | $4,213,750 | $539,957 | $539,957 | $4,753,707 |
| LT CAPITAL GAIN US BANK (SEE ATTACHMENT) | 2019-01-01 | 2022-12-31 | $208,211,322 | $56,475,760 | $56,475,760 | $264,687,082 |
| ST CAPITAL LOSS US BANK RANGER ACCOUNT (SEE ATTACHMENT) | 2022-01-01 | 2022-12-31 | $1,495,591 | -$581,530 | -$581,530 | $914,061 |
| ST CAPITAL GAIN US BANK | 2022-01-01 | 2022-12-31 | $4,197,872 | $353,505 | $353,505 | $4,551,377 |
| LT SALES THRU SSGA | 2019-01-01 | 2022-12-31 | $640,380 | -$640,380 | -$640,380 | |
| QSBS SALE THRU LIVEOAK VENTURES PARTNERS I - 100% EXC | 2022-01-13 | 2022-11-02 | $56,928 | $56,928 | ||
| LT SALES THRU PFIC VWH OFFSHORE FUND LP | 2019-01-01 | 2022-12-31 | $147,541 | $147,541 | $147,541 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $55,000,892 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$7,815,998 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $890,968 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $890,968 | SubtotalAmt |
| Tax Based On Investment Income | $890,968 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,363,020 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $2,363,020 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,472,052 | OverpaymentAmt |
| Applied To ES Tax | $1,472,052 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.hebfdn.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL ANDERSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8303159214 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 719 EARL GARRETT ST | AddressLine1Txt |
| City | KERRVILLE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78028 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| DEBORAH BUTT ROGERS | ||||||||
| PO Box 290670 | Kerrville | TX | 780290670 | VP/SEC.- TREAS. | 5.0 | $0 | $0 | $0 |
| DAVID M ROGERS | ||||||||
| PO Box 290670 | Kerrville | TX | 780290670 | PRESIDENT | 40.0 | $309,280 | $18,300 | $0 |
| HOWARD E BUTT III | ||||||||
| PO BOX 839986 | SAN ANTONIO | TX | 78283 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| STEPHEN W BUTT | ||||||||
| PO BOX 839986 | SAN ANTONIO | TX | 78283 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| F DWIGHT LACY | ||||||||
| PO Box 290670 | Kerrville | TX | 780290670 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| JANICE S FLYNN | ||||||||
| PO Box 290670 | Kerrville | TX | 780290670 | ASST SECRETARY-TREASURER | 40.0 | $378,407 | $18,300 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| PERRI ROSHEGER | ||||||||
| PO BOX 290670 | KERRVILLE | TX | 78029 | VP- COMM ENGAGEMENT | 40.0 | $263,577 | $15,815 | $0 |
| CARY HENDRICKS | ||||||||
| PO BOX 290670 | KERRVILLE | TX | 78029 | ED-LAITY LODGE CAMP | 40.0 | $136,723 | $8,203 | $0 |
| STEVEN PURCELL | ||||||||
| PO BOX 290670 | KERRVILLE | TX | 78029 | ED OF LAITY LODGE | 40.0 | $209,168 | $12,550 | $0 |
| WILLIAM DODD | ||||||||
| PO BOX 290670 | KERRVILLE | TX | 78029 | ED-STORYTELLING/COMM | 40.0 | $214,017 | $12,841 | $0 |
| GWENDA MCFADDEN | ||||||||
| PO BOX 290670 | KERRVILLE | TX | 78209 | SR DIRECTOR HR | 40.0 | $189,467 | $11,368 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 69 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CARD AND COMPANY ARCHITECTS PLLC | |||||
| 764 E LOCUST | SAN ANTONIO | TX | 78212 | ARCHITECT | $394,685 |
| NEPC LLC | |||||
| Department 3570 POB 4110 | WOBURN | MA | 018884110 | CONSULTANTS | $365,083 |
| BENERATION LLC | |||||
| 2124 RACE ST | GROUND FLOOR | PA | 19103 | EMPLOYEE BENEFITS | $1,292,918 |
| KINGS PATH PARTNERS LLC | |||||
| 206 BROOKS STREET | SUGAR LAND | TX | 77478 | INVESTMENT SERVICES | $305,288 |
| ERNST & YOUNG LLP | |||||
| 3712 SOLUTIONS CENTER | CHICAGO | IL | 60677 | AUDIT & TAX | $176,796 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 11 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SEE ATTACHMENT 21 | Description1Txt |
| Expenses1 | $1,419,486 | Expenses1Amt |
| Description2 | SEE ATTACHMENT 21 | Description2Txt |
| Expenses2 | $650,265 | Expenses2Amt |
| Description3 | SEE ATTACHMENT 21 | Description3Txt |
| Expenses3 | $4,349,350 | Expenses3Amt |
| Description4 | SEE ATTACHMENT 21 | Description4Txt |
| Expenses4 | $8,747,349 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $644,933,988 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $13,383,827 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $658,317,815 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $658,317,815 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $9,874,767 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $648,443,048 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $32,422,152 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $19,443,039 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $19,892,217 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $39,335,256 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $9,257,100 | CurrentYearAmt |
| Year1 | $17,916,358 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $16,244,263 | Year3Amt |
| Total | $43,417,721 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $7,868,535 | CurrentYearAmt |
| Year1 | $15,228,904 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $13,807,624 | Year3Amt |
| Total | $36,905,063 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $39,335,256 | CurrentYearAmt |
| Year1 | $30,283,406 | Year1Amt |
| Year2 | $26,423,750 | Year2Amt |
| Year3 | $24,942,509 | Year3Amt |
| Total | $120,984,921 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,484,461 | CurrentYearAmt |
| Year1 | $3,139,772 | Year1Amt |
| Year2 | $2,624,785 | Year2Amt |
| Year3 | $1,602,187 | Year3Amt |
| Total | $9,851,205 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $36,850,795 | CurrentYearAmt |
| Year1 | $27,143,634 | Year1Amt |
| Year2 | $23,798,965 | Year2Amt |
| Year3 | $23,340,322 | Year3Amt |
| Total | $111,133,716 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Assets | TotalAssetsGrp |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $21,614,768 | CurrentYearAmt |
| Year1 | $16,308,693 | Year1Amt |
| Year2 | $14,167,131 | Year2Amt |
| Year3 | $13,577,023 | Year3Amt |
| Total | $65,667,615 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHMENT 20 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 290670 | AddressLine1Txt |
| City | KERRVILLE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 780290601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | SEE ATTACHMENT | GrantOrContributionPurposeTxt |
| Amt | $2,481,714 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,481,714 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $12,887,672 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,238 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $55,015,680 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionAmt |
|---|---|---|---|
| PARTNERSHIP INCOME | 541900 | $692,908 | -$1,947,852 |
| NONDEDUCTIBLE EXPENSES | -$21,234 | ||
| ROYALTY INCOME | $34,766 | ||
| TAX EXEMPT INCOME | $25,230 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $692,908 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $65,997,500 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $66,690,408 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (15 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd | Payroll ContributionPayrollContributionInd |
|---|---|---|---|---|---|---|---|---|
| H E Butt Grocery Company | ||||||||
| 1 | PO Box 839999 | San Antonio | TX | 78283 | $477,356 | Yes (X) | Yes (X) | |
| Laity Renewal Foundation | ||||||||
| 2 | PO Box 290670 | Kerrville | TX | 78029 | $65,260 | Yes (X) | ||
| DUKE UNIVERSITY | ||||||||
| 3 | Alumni Development Records | Durham | NC | 27708 | $5,000 | Yes (X) | ||
| DONALD N TEST III | ||||||||
| 4 | 2430 Toftrees Dr | San Antonio | TX | 78209 | $50,000 | Yes (X) | ||
| H E Butt Grocery Company UVALDE | ||||||||
| 5 | PO Box 839999 | San Antonio | TX | 78283 | $4,890 | Yes (X) | Yes (X) | |
| The Butt Separate Property Trust | ||||||||
| 6 | PO BOX 290670 | KERRVILLE | TX | 78029 | $38,537,019 | Yes (X) | ||
| Butt Marital Trust | ||||||||
| 7 | PO BOX 290670 | KERRVILLE | TX | 78029 | $15,809,290 | Yes (X) | ||
| Butt Marital Trust | ||||||||
| 8 | PO BOX 290670 | KERRVILLE | TX | 78029 | $175,166,947 | Yes (X) | Yes (X) | |
| Barbara Dan Butt Estate-Retirement | ||||||||
| 9 | PO BOX 290670 | KERRVILLE | TX | 78029 | $595,243 | Yes (X) | ||
| Barbara Dan Estate - Vogt Enterpris | ||||||||
| 10 | PO BOX 839999 | KERRVILLE | TX | 78029 | $11,398 | Yes (X) | ||
| American Endowment | ||||||||
| 11 | PO BOX 839999 | KERRVILLE | TX | 78029 | $25,000 | Yes (X) | ||
| Barbara Dan Butt Estate-Retirement | ||||||||
| 12 | PO BOX 290670 | KERRVILLE | TX | 78029 | $627,880 | Yes (X) | ||
| The Pamela C Butt Howard E Butt | ||||||||
| 13 | PO BOX 290670 | KERRVILLE | TX | 78029 | $50,000 | Yes (X) | ||
| Communities Foundation of Texas | ||||||||
| 14 | PO BOX 290670 | KERRVILLE | TX | 78029 | $50,000 | Yes (X) | ||
| Sara Butt | ||||||||
| 15 | PO BOX 290670 | KERRVILLE | TX | 78029 | $5,000 | Yes (X) | ||
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt |
|---|---|---|
| 1 | EMPLOYEE HEALTH INS., FOOD, GROCERIES, AND SUPPLIES FOR USE IN SUPPORTING THE PROGRAM OF A CHRISTIAN | $477,356 |
| 5 | UVALDE EMPLOYEE DONATIONS FROM PAYROLL | $4,890 |
| 8 | VARIOUS SECURITIES | $175,166,947 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ERNST & YOUNG LLP - AUDIT SVCS | CategoryTxt |
| Amt | $131,064 | Amt |
| Net Investment Income | $13,106 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $13,106 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $117,958 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| Section 1.263(a)-3(n) Election Stmt | Section 1.263(a)-3(n) | Section 1.263(a)-3(n) Election Statement Taxpayer Name: H. E. Butt Foundation ("Taxpayer") Taxpayer Address: P.O. Box 290670 Kerrville, TX 78029-0670 EIN: 74-1239819 The above-referenced Taxpayer is making the election to capitalize repair and maintenance costs under Section 1.263(a)-3(n) for its tax year ending December 31, 2022. |
| Section 1.263(a)-1(f) de minimis | Section 1.263(a)-1(f) | Section 1.263(a)-1(f) de minimis safe harbor election statement Taxpayer Name: H. E. Butt Foundation ("Taxpayer") Taxpayer Address: P.O. Box 290670 Kerville, TX 78029-0670 EIN: 74-1239819 The above-referenced Taxpayer is making the de minimis safe harbor election under Section 1.263(a)-1(f) for its tax year ending December 31, 2022. |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | US BANK ACCT MUTUAL FUNDS | StockNm |
| EOY Book Value | $121,816,245 | EOYBookValueAmt |
| EOYFMV | $108,528,436 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (67 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| LUTHER KING PRIVATE DISCIPLINE | $3,849,304 | $7,951,703 |
| COLLINS CAPITAL LOW VOLATILITY | $15,226 | $16,551 |
| TITAN MASTERS FUND | $0 | $0 |
| GLOUSTON PRIVATE EQUITY OPPORT | $110,824 | $445,957 |
| DCM PRIVATE EQUITY FUND III | $630,907 | $1,355,719 |
| METROPOLITAN REAL ESTATE-GEN | $645,622 | $765,181 |
| TOWNSQUARE REAL ESTATE ALPHA | $723,545 | $870,608 |
| MONTAUK TRIGUARD FUND IV | $691,863 | $1,027,198 |
| INSIGNIA CAPITAL PARTNERS LP | $2,049,393 | $6,974,879 |
| GREENSPRINGS OPPORTUNITIES III | $1,469,794 | $2,751,130 |
| MADISON REALTY CAPITAL DEBT FU | $4,327,759 | $4,054,762 |
| GOLUB CAPITAL PARTNERS 9 | $1,124,947 | $3,581,494 |
| AG CORE PLUS REALTY FUND IV | $2,354,434 | $2,476,753 |
| TRIVE | $2,028,800 | $4,933,111 |
| VHW OFFSHORE FUND | $1,621,792 | $2,233,265 |
| CARVAL CREDIT VALUE FUND BIV | $5,634,061 | $5,476,059 |
| PARTNERS GROUP DIRECT EQUITY | $2,265,337 | $4,937,854 |
| OAKTREE REAL ESTATE | $1,459,255 | $1,380,661 |
| COHO PARTNERS | $33,387,826 | $35,287,909 |
| POLUNIN COMMINGLED FUNDS | $9,111,279 | $8,457,336 |
| 400 CAPITAL CREDIT OPP FUND | $0 | $0 |
| SENATOR | $3,639 | $171,992 |
| KABOUTER INTERNATIONAL OPPOR. | $0 | $0 |
| GLENDOWER CAPITAL | $2,933,637 | $3,952,489 |
| MONROE CAPITAL | $4,480,860 | $4,474,773 |
| RANGER INVESTMENT MANAGEMENT | $29,670,209 | $31,174,677 |
| GEORGIAN PARTNERS GROWTH FUND | $3,354,210 | $4,751,108 |
| TORTOISE COMMINGLED | $2,162,729 | $2,517,313 |
| SEARCHLIGHT CAPITAL III,LP | $750,351 | $2,035,354 |
| KAYNE PRIVATE ENERGY INCOME FU | $1,515,538 | $3,370,057 |
| GOLDENTREE DISTRESSED FUND III | $122,500 | $3,092,657 |
| CROWN GROWTH OPPORTUNITIES EUR | $3,637,739 | $6,207,769 |
| SEARCHLIGHT AIV LP | $402,634 | $1,362,533 |
| SEARCHLIGHT FEY | $50 | $201,282 |
| SEARCHLIGHT OPT LP | $880,550 | $1,190,819 |
| UBS EMERGING MARKETS | $17,757,930 | $13,932,645 |
| VANCE STREET CAPITAL | $3,050,340 | $3,961,856 |
| BLACKROCK TRUST MSCI EAFE | $36,044,320 | $33,459,640 |
| BLACKROCK TRUST R3000 FUND | $112,796,042 | $91,666,770 |
| SSGA STATE STREET TREASURY | $36,672,233 | $34,133,621 |
| NORTHERN TRUST TIPS | $13,308,299 | $11,585,668 |
| BLUE LAKE CAPITAL FUND III | $1,578,959 | $2,684,519 |
| EMK CAPITAL PARTNERS II | $1,625,981 | $2,100,051 |
| GREENSPRING SECONDARIES IV | $4,381,485 | $8,424,055 |
| KLCP OFFSHORE FUND | $4,089,072 | $5,037,736 |
| GOLDENTREE COIVEST FUND | $1,850,000 | $2,852,871 |
| ARBOUR LN CREDIT OPP FUND III | $2,225,507 | $878,582 |
| ARTISAN GLOBAL EQUITY FUND | $37,377,339 | $33,029,157 |
| BLUE LAKE CPAITAL FUND I | $1,061,367 | $952,155 |
| BOW RIVER CAPITAL RE III | $2,323,120 | $2,126,741 |
| EMERGING MARKET COUNTRY FUND | $20,134,307 | $17,792,393 |
| GQG PARTNERS GLOBAL EQUITY FUN | $30,169,696 | $34,329,723 |
| ICG EUROPE FUND | $935,472 | $983,471 |
| LINDSELL TRAIN GLOBAL EQUITY | $37,532,323 | $34,007,981 |
| NCS GLOBAL FUND | $35,189,998 | $32,847,369 |
| ADAMS STREET CO-INVSTMT FUND V | $500,000 | $587,564 |
| BAIN CAPITAL SPECIAL SIT II | $500,000 | $607,576 |
| CORAL TREE PARTNERS | $1,122,351 | $1,408,228 |
| FRONTENAC XII PRIVATE CAPITAL | $1,602,956 | $1,614,835 |
| GOLDENTREE DISTRESSED FUND IV | $665,958 | $891,047 |
| IPI PARTNERS III | $959,320 | $999,012 |
| KLCP OFFSHORE FUND III | $2,007,872 | $2,175,461 |
| LIVEOAK VENTURE PARTNERS III | $297,939 | $333,266 |
| STEPSTONE VC SECONDARIES V | $4,400,000 | $4,780,759 |
| THOMA BRAVO FUND XV-A | $4,813,252 | $4,671,133 |
| TIGER INFRASTRUCTURE III | $1,977,493 | $2,798,257 |
| WGI DEVELOPED MARKETS | $13,106,486 | $13,058,563 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | -$98,571 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CONSULTANTS | $1,738,306 | $778,106 | $778,106 | $960,198 |
| DUES & SUBSCRIPTIONS | $125,658 | $125,658 | ||
| CAMP & OFFICE REPAIRS/MAINT. | $1,445,190 | $1,445,190 | ||
| CAMP & OFFICE SUPPLIES | $876,383 | $876,383 | ||
| GENERAL INSURANCE | $621,256 | $621,256 | ||
| TELEPHONE & UTILITIES | $427,816 | $427,816 | ||
| SPECIAL EVENTS | $271,731 | $271,731 | ||
| WEBSITE MAINTENANCE | $11,892 | $11,892 | ||
| POSTAGE AND SHIPPING | $5,104 | $5,104 | ||
| COMPUTER/IT EXPENSE | $288,780 | $288,780 | ||
| STAFF RECRUITING/HIRING | $119,079 | $119,079 | ||
| CONFERENCES/EDUCATION | $97,869 | $97,869 | ||
| MISCELLANEOUS EXPENSE | $39,518 | $39,518 | ||
| PROMOTION | $182,231 | $182,231 | ||
| HEALTH INSURANCE | $1,266,158 | $1,266,158 | ||
| OTHER PURCHASES | $141,878 | $141,878 | ||
| GROUP SUPPORT | $5,800 | $5,800 | ||
| PRODUCTION | $1,517 | $1,517 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS INCOME | $3,238 | $3,238 | $3,238 |
| PARTNERSHIP INCOME/LOSS | -$1,250,948 | -$1,947,852 | -$1,913,845 |
| Royalties | $34,766 | $34,766 | $34,766 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| VANCE STREET CAPITAL | $0 | $0 |
| EMK CAPITAL PARTNERS II | $0 | $0 |
| SEARCHLIGHT CAPITAL III FEV LP | $6,821 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $622,956 | Amt |
| Net Investment Income | $622,956 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $622,956 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|
| PAYROLL TAXES | $611,904 | $611,904 | ||
| PROPERTY TAXES | $111,082 | $111,082 | ||
| FEDERAL EXCISE TAXES | $88,393 | $88,393 | ||
| FOREIGN TAXES | $286,936 | $286,936 | $286,936 | |
| UNRELATED BUSINESS INCOME TAX | $965,776 |