MAYS FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MAYS FAMILY FOUNDATION (EIN 74-2691624)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-14
- IRS object ID
- 202323189349105022
- 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 Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-14T15:46:00-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
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 STREET SUITE 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 | 742691624 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAYS FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MAYS | BusinessNameControlTxt |
| Phone | 2105701210 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 W NOTTINGHAM STE 400 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78209 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK MAYS | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 2105701210 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARK | PersonFirstNm |
| Person Last | MAYS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LISA SPRINGS | PreparerPersonNm |
| PTIN | P00574055 | PTIN |
| Phone | 2102289696 | PhoneNum |
| Preparation | 2023-11-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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 | $353,016,152 | 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 | $2,434,692 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $946,001 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $946,001 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $4,818,786 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,818,786 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $14,958,543 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $65,915,231 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $14,958,543 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,419,029 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,424,266 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $24,577,051 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $22,147,596 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $84,190 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $8,419 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $75,771 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $175,529 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $17,553 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $157,976 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $75,915 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $7,592 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $68,324 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,927 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,445 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,482 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $24,629 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $24,629 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $323,303 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $89,335 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,865,458 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,865,458 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,562,951 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,998,802 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $330,182 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $20,170,665 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $20,170,665 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $22,733,616 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,998,802 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $20,500,847 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,843,435 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $20,148,794 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,751,908 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $429,744 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $429,745 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $18,282 | AcctRcvblAmt |
| Acct Rcvbl BOY | $18,203 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $18,282 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $18,282 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $197,971,824 | CorporateStockBOYAmt |
| Corporate Stock EOY | $200,554,812 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $263,810,910 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $30,799,736 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $23,768,140 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $22,394,264 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $54,468,287 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $64,081,958 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $66,362,951 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $43,091 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $43,091 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $287,009,958 | TotalAssetsBOYAmt |
| Total Assets EOY | $288,852,936 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $353,016,152 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $648,758 | CapitalStockBOYAmt |
| Capital Stock EOY | $648,758 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $286,361,200 | RetainedEarningBOYAmt |
| Retained Earning EOY | $288,204,178 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $287,009,958 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $288,852,936 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $287,009,958 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $288,852,936 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $287,009,958 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,843,435 | ExcessRevenueOverExpensesAmt |
| Other Increases | $9 | OtherIncreasesAmt |
| Subtotal | $288,853,402 | SubtotalAmt |
| Other Decreases | $466 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $288,852,936 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (39 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|
| ALLOCATE PREMIER ACCESS FUND - STCG | P | 2022-12-31 | $74 | -$74 | -$74 | |
| BDT CAPITAL PARTNERS FUND 3 TE - STCG | P | 2022-12-31 | $38 | $38 | $38 | |
| BDT CAPITAL PARTNERS FUND 3 TE - LTCG | P | 2022-12-31 | $4,444 | -$4,444 | -$4,444 | |
| BUILDGROUP LLC - LTCG | P | 2022-12-31 | $2,777 | -$2,777 | -$2,777 | |
| CLARION PRIVATE INVESTORS - LTCG | P | 2022-12-31 | $12,374 | $12,374 | $12,374 | |
| DOMAIN TIMBER - LTCG | P | 2022-12-31 | $182,701 | $182,701 | $182,701 | |
| HUIZENGA VENTURE FUND III - STCG | P | 2022-12-31 | $24 | -$24 | -$24 | |
| LTCG DISTRIBUTIONS | P | 2022-12-31 | $2 | $2 | $2 | |
| BOA 19184 ST SALES | P | 2022-12-31 | $843,413 | -$60,421 | -$60,421 | $782,992 |
| BOA 19184 LT SALES | P | 2022-12-31 | $4,697,609 | -$264,715 | -$264,715 | $4,432,894 |
| BOA 19184 LT WASH SALE ADJ | P | 2022-12-31 | $23,099 | $23,099 | $23,099 | |
| JPM 5003 ST SALES | P | 2022-12-31 | $1,471,580 | -$32,198 | -$32,198 | $1,439,382 |
| JPM 5003 LT COVERED SALES | P | 2022-12-31 | $1,926,381 | -$127,846 | -$127,846 | $1,798,535 |
| JPM 5003 LT NONCOVERED SALES | P | 2022-12-31 | $459,889 | $311,230 | $311,230 | $771,119 |
| JPM 7001 ST SALES | P | 2022-12-31 | $265,991 | $4,075 | $4,075 | $270,066 |
| JPM 7001 LT SALES | P | 2022-12-31 | $704,584 | $235,413 | $235,413 | $939,997 |
| JPM 7002 LT SALES | P | 2022-12-31 | $6,112,353 | -$50,521 | -$50,521 | $6,061,832 |
| JPM 7009 ST SALES | P | 2022-12-31 | $1,497,255 | -$147,696 | -$147,696 | $1,349,559 |
| JPM 7009 LT COVERED SALES | P | 2022-12-31 | $12,055,330 | $9,588,346 | $9,588,346 | $21,643,676 |
| JPM 7009 LT NONCOVERED SALES | P | 2022-12-31 | $252,720 | $579,193 | $579,193 | $831,913 |
| JPM 9002 ST SALES | P | 2022-12-31 | $107,683 | -$29,207 | -$29,207 | $78,476 |
| JPM 9002 LT COVERED SALES | P | 2022-12-31 | $1,507,149 | $496,179 | $496,179 | $2,003,328 |
| JPM 9002 LT NONCOVERED SALES | P | 2022-12-31 | $5,921 | $95,292 | $95,292 | $101,213 |
| JPM 9003 LT COVERED SALES | P | 2022-12-31 | $1,691,761 | $551,468 | $551,468 | $2,243,229 |
| JPM 9006 ST SALES | P | 2022-12-31 | $3,071,114 | -$230,556 | -$230,556 | $2,840,558 |
| JPM 9006 LT COVERED SALES | P | 2022-12-31 | $5,999,961 | $1,192,899 | $1,192,899 | $7,192,860 |
| PERSHING 4009 ST COVERED SALES | P | 2022-12-31 | $87 | -$12 | -$12 | $75 |
| PERSHING 4009 ST NONCOVERED SALES | P | 2022-12-31 | $193 | $3 | $3 | $196 |
| PERSHING 4009 - 4632 SHS KEURIG DR PEPPER | P | 2022-05-25 | $113,534 | $50,536 | $50,536 | $164,070 |
| PERSHING 4003 - ST COVERED SALES | P | 2022-12-31 | $127,142 | -$5,567 | -$5,567 | $121,575 |
| PERSHING 4003 - LT COVERED SALES | P | 2022-12-31 | $811,417 | $311,351 | $311,351 | $1,122,768 |
| PERSHING 4003 - LT NONCOVERED SALES | P | 2022-12-31 | $102,534 | $445,035 | $445,035 | $547,569 |
| PERSHING 4029 - ST COVERED SALES | P | 2022-12-31 | $2,472,558 | -$718,861 | -$718,861 | $1,753,697 |
| PERSHING 4029 - LT COVERED SALES | P | 2022-12-31 | $1,034,386 | $1,231,493 | $1,231,493 | $2,265,879 |
| PERSHING 4029 - LT NONCOVERED SALES | P | 2022-12-31 | $197,979 | $473,569 | $473,569 | $671,548 |
| PERSHING 4060 - ST COVERED SALES | P | 2022-12-31 | $361,226 | -$114,583 | -$114,583 | $246,643 |
| PERSHING 4060 - LT COVERED SALES | P | 2022-12-31 | $1,141,561 | $489,348 | $489,348 | $1,630,909 |
| PERSHING 4094 - ST COVERED SALES | P | 2022-12-31 | $61,341 | -$10,241 | -$10,241 | $51,100 |
| PERSHING 4094 - LT COVERED SALES | P | 2022-12-31 | $1,854,717 | $484,642 | $484,642 | $2,339,359 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $14,958,543 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $280,068 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $280,068 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $280,068 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $120,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $200,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $320,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $8,362 | EsPenaltyAmt |
| Overpayment | $31,570 | OverpaymentAmt |
| Applied To ES Tax | $31,570 | 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 | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | MAYSFAMILYFOUNDATION.COM | WebsiteAddressTxt |
| Individual With Books | DEBORAH CABELLO | IndividualWithBooksNm |
| Phone | 2105701210 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 W NOTTINGHAM STE 400 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| KATHRYN MAYS JOHNSON | ||||||||
| 250 W NOTTINGHAM STE 400 | SAN ANTONIO | TX | 78209 | DIRECTOR/PRESIDENT | 15.00 | $84,190 | $36,560 | $0 |
| LINDA MAYS MCCAUL | ||||||||
| 250 W NOTTINGHAM STE 400 | SAN ANTONIO | TX | 78209 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| MARK P MAYS | ||||||||
| 250 W NOTTINGHAM STE 400 | SAN ANTONIO | TX | 78209 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| RANDALL T MAYS | ||||||||
| 250 W NOTTINGHAM STE 400 | SAN ANTONIO | TX | 78209 | DIRECTOR/SECRETARY | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID E GREEN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 W NOTTINGHAM SUITE 400 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | MANAGING DIRECTOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $175,529 | CompensationAmt |
| Employee Benefits | $39,355 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SENDERO WEALTH MANAGEMENT | |||||
| 250 W NOTTINGHAM STE 300 | SAN ANTONIO | TX | 78209 | INVESTMENT MANAGEMENT | $355,511 |
| EAGLE CAPITAL | |||||
| 499 PARK AVENUE 17TH FLOOR | NEW YORK | NY | 10022 | INVESTMENT MANAGEMENT | $170,118 |
| DSM CAPITAL | |||||
| 7111 FAIRWAY DRIVE STE 350 | PALM BEACH GARDENS | FL | 33418 | INVESTMENT MANAGEMENT | $88,201 |
| AVALON ADVISORS | |||||
| 755 E MULBERRY AVE STE 105 | SAN ANTONIO | TX | 78212 | INVESTMENT MANAGEMENT | $86,850 |
| JP MORGAN PRIVATE BANK | |||||
| 270 PARK AVE | NEW YORK | NY | 10017 | INVESTMENT MANAGEMENT | $72,987 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | 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 | $328,635,442 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,828,512 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $48,803,442 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $381,267,396 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $381,267,396 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,719,011 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $375,548,385 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $18,777,419 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $18,777,419 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $280,068 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $280,068 | TotalTaxAmt |
| Distributable Before Adj | $18,497,351 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $18,497,351 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $18,497,351 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $20,500,847 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $20,500,847 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $18,497,351 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $20,143,060 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $20,500,847 | QualifyingDistributionsAmt |
| Applied To Year1 | $20,143,060 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $357,787 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $18,139,564 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE MAYSFAMILYFOUNDATIONCOM WEBSITE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 W NOTTINGHAM STE 400 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2105701210 | RecipientPhoneNum |
| Form And Info And Materials | SEE ABOVE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE ABOVE | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE ABOVE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHMENT | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHMENT | AddressLine1Txt |
| City | SEE ATTACHMENT | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | SEE ATTACHMENT | GrantOrContributionPurposeTxt |
| Amt | $20,170,665 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $20,170,665 | 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 | $946,001 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,818,786 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,424,266 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $14,958,543 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|
| HUIZENGA VENTURE FUND III - UBTI | 901101 | -$5,227 |
| BUILDGROUP - UBTI | 901101 | -$12 |
| ALLOCATE PREMIER ACCESS FUND - UBTI | 901101 | $2 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$5,237 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $22,147,596 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $22,142,359 | 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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LESTER LOWRY MAYS ESTATE | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 W NOTTINGHAM STE 400 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,434,692 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 5,296.526 SHS DFCEX - CARRYOVER BASIS FROM DECEDENT'S IRA | $113,491 | 2022-11-16 |
| 1 | 19,628.941 SHS HLMIX - CARRYOVER BASIS FROM DECEDENT'S IRA | $354,750 | 2022-11-16 |
| 1 | 9,530.9818 SHS VTI - CARRYOVER BASIS FROM DECEDENT'S IRA | $1,948,397 | 2022-11-16 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $13,927 | Amt |
| Net Investment Income | $10,445 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,482 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | BROKERAGE ACCOUNT - 7002 | BondNm |
| EOY Book Value | $23,768,140 | EOYBookValueAmt |
| EOYFMV | $22,394,264 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BROKERAGE ACCOUNT - 4009 | $480,643 | $591,618 |
| BROKERAGE ACCOUNT - 7009 | $48,705,989 | $65,235,653 |
| BROKERAGE ACCOUNT - 9002 | $14,743,208 | $20,096,392 |
| BROKERAGE ACCOUNT - 5003 | $17,527,769 | $23,384,913 |
| BROKERAGE ACCOUNT - 7001 | $8,523,922 | $10,714,421 |
| BROKERAGE ACCOUNT - 9003 | $11,433,509 | $16,609,290 |
| BROKERAGE ACCOUNT - 4922 | $99,139,772 | $127,178,623 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DOMAIN TIMBER (TIMBERVEST PTRS) | FMV | $1,039,260 | $1,029,560 |
| TARGETED TECHNOLOGY FUND | FMV | $412,550 | $398,792 |
| BUILDGROUP | FMV | $3,664,319 | $3,157,606 |
| STEMONIX | AT COST | $102,153 | $102,153 |
| BROKERAGE ACCOUNT - 3001 | AT COST | $37,252,278 | $40,957,146 |
| BROKERAGE ACCOUNT - 19184 | FMV | $16,875,183 | $15,314,493 |
| BDT CAPITAL FUND 3 | FMV | $3,714,782 | $4,398,180 |
| BG BNFT PARALLEL FUND | FMV | $514,059 | $522,286 |
| BDT FUND 3 TE SPIRITS | FMV | $132,428 | $129,032 |
| HUIZENGA VENTURE FUND III | FMV | $166,755 | $150,021 |
| ALLOCATE PREMIER ACCESS FUND | FMV | $208,191 | $203,682 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME - BOOK/TAX DIFFERENCES | Desc |
| Amt | $466 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BROKERAGE/ADR FEES | $954,026 | $954,026 | $0 |
| OTHER INVESTMENT MANAGEMENT FEES | $911,432 | $911,432 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (16 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| DOMAIN TIMBER -PASSTHRU INCOME | -$14,357 | -$14,357 | -$14,357 |
| TARGETED TECHNOLOGY FUND | -$5,497 | -$5,497 | -$5,497 |
| ALLOCATE PREMIER ACCESS FUND | -$16,458 | -$16,458 | -$16,458 |
| BUILDGROUP | -$101,814 | -$101,814 | -$101,814 |
| BG PARALLEL FUND | $35,192 | $35,192 | $35,192 |
| HUIZENGA VENTURE FUND III | -$16,808 | -$16,808 | -$16,808 |
| BBT CAPITAL PARTNERS FUND 3 | -$68,468 | -$68,468 | -$68,468 |
| BBT CAPITAL PARTNERS FUND 3 SPIRITS | -$2,572 | -$2,572 | -$2,572 |
| SCULPTOR REAL ESTATE IV PRIVATE INVESTORS FUND | -$4,286 | -$4,286 | -$4,286 |
| HPS CORE SENIOR LENDING FUND | $261,013 | $261,013 | $261,013 |
| CLARION PRIVATE INVESTORS | $17,814 | $17,814 | $17,814 |
| MISC OTHER INCOME | $21,758 | $21,758 | $21,758 |
| JPM FUNDS - TAXABLE DISTRIBUTIONS | $1,318,749 | $1,318,749 | $1,318,749 |
| HUIZENGA VENTURE FUND III - UBTI | -$5,227 | -$5,227 | |
| BUILDGROUP - UBTI | -$12 | -$12 | |
| ALLOCATE PREMIER ACCESS FUND - UBTI | $2 | $2 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX EXEMPT INTEREST | Desc |
| Amt | $9 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TECHNOLOGY SERVICES | $19,024 | $0 | $19,024 |
| OTHER EXPENSE | $5,605 | $0 | $5,605 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LESTER LOWRY MAYS ESTATE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 W NOTTINGHAM STE 400 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78209 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $89,335 | $89,335 | $0 |
| 2021 PAYMENTS MADE IN 2022 | $113,968 | $0 | $0 |
| 2022 ESTIMATED TAX PAYMENTS | $120,000 | $0 | $0 |