GLASSELL FAMILY FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- GLASSELL FAMILY FOUNDATION INC (EIN 76-0295076)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-14
- IRS object ID
- 202333189349100348
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-14T09:33:41-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EEPB | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2950 NORTH LOOP W SUITE 1200 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77092 | 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 | 760295076 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Glassell Family Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % PAM LINDBERG | InCareOfNm |
| Business Name Control | GLAS | BusinessNameControlTxt |
| Phone | 7136580001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 919 Milam Ste 2010 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALFRED C GLASSELL III | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 7136580001 | PhoneNum |
| Signature | 2023-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ALFRED C | PersonFirstNm |
| Person Last | GLASSELL III | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P01384081 | PTIN |
| Phone | 7136220016 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | 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 | $63,316,301 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,169,729 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,169,729 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,423,816 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,722,048 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,423,816 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$25,964 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$25,964 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,567,581 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,567,581 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $258,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $129,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $17,279 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,640 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $9,587 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $9,587 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $29,969 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $29,969 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $62,476 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $31,238 | OccupancyNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $227,919 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $227,919 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $605,230 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $436,353 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,788,313 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,788,313 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,393,543 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $436,353 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,788,313 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$825,962 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,131,228 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,806,506 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,152,200 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,152,200 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,819,369 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,033,181 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,951,991 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $23,010,906 | CorporateStockBOYAmt |
| Corporate Stock EOY | $20,500,657 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $39,062,898 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $14,604,990 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $16,620,193 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $19,139,003 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $10,209 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $10,209 | LandBOYAmt |
| Land EOY | $10,209 | LandEOYAmt |
| Land EOYFMV | $10,209 | LandEOYFMVAmt |
| Total Assets BOY | $42,251,980 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,316,440 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $63,316,301 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $42,251,980 | RetainedEarningBOYAmt |
| Retained Earning EOY | $42,316,440 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $42,251,980 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $42,316,440 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $42,251,980 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $42,316,440 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $42,251,980 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$825,962 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,057,971 | OtherIncreasesAmt |
| Subtotal | $42,483,989 | SubtotalAmt |
| Other Decreases | $167,549 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $42,316,440 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| SEE ATTACHED STATEMENTS | $9,140,520 | $8,298,232 | $842,288 | $842,288 |
| PARTNERSHIPS PASS THROUGH | $581,528 | $581,528 | $581,528 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,423,816 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $29,624 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $29,624 | SubtotalAmt |
| Tax Based On Investment Income | $29,624 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $29,459 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $39,100 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $68,559 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $4 | EsPenaltyAmt |
| Overpayment | $38,931 | OverpaymentAmt |
| Applied To ES Tax | $38,931 | 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 | false | UnrelatedBusIncmOverLimitInd |
| 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 | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAM LINDBERG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7136580001 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 919 MILAM SUITE 2010 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | 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 | false | 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 | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Relying Current Ntc Dsstr Asst1 | Yes (X) | RelyingCurrentNtcDsstrAsst1Ind |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| ALFRED C GLASSELL III | ||||||||
| 919 Milam Ste 2010 | Houston | TX | 77002 | PRESIDENT | 0 | $250,000 | $0 | $0 |
| PAMELA S LINDBERG | ||||||||
| 919 Milam Ste 2010 | Houston | TX | 77002 | SECRETARY | 0 | $4,000 | $0 | $0 |
| eric wade | ||||||||
| 919 Milam Ste 2010 | Houston | TX | 77002 | vice-president | 0 | $4,000 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| legacy trust | |||||
| 600 jefferson | HOUSTON | TX | 77002 | CUSTODY/ADVISOR | $118,149 |
| morgan stanley | |||||
| 5001 westheimer ste 2100 | HOUSTON | TX | 77002 | custody/advisor | $96,807 |
| eepb pc | |||||
| 2950 north loop west suite 1200 | HOUSTON | TX | 77092 | accountant | $18,279 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $52,034,040 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,620,582 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $10,113,846 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $65,768,468 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $65,768,468 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $986,527 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $64,781,941 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,239,097 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,239,097 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $29,624 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $29,624 | TotalTaxAmt |
| Distributable Before Adj | $3,209,473 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,209,473 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,209,473 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,788,313 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,788,313 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,209,473 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $32,208 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Qualifying Distributions | $2,788,313 | QualifyingDistributionsAmt |
| Applied To Year1 | $32,208 | AppliedToYear1Amt |
| Applied To Current Year | $2,756,105 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $453,368 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
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 (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| houston museum of natural science | |||||||
| 5555 hermann park dr | houston | TX | 77030 | none | PC | general purpose | $5,000 |
| Asia Society Texas Center | |||||||
| 1370 Southmore Blvd | Houston | TX | 77004 | NONE | PC | general purpose | $50,000 |
| HOUSTON MUSEUM OF FINE ARTS | |||||||
| 1001 bissonet st | houston | TX | 77005 | none | PC | general purpose | $500,000 |
| Annunciation Orthodox School | |||||||
| 3600 Yoakum Blvd | Houston | TX | 77006 | none | PC | general purpose | $250,000 |
| Casa de Esperanza de los Ninos | |||||||
| 2911 Corder St Bldg A | Houston | TX | 77054 | none | PC | general purpose | $35,000 |
| miscellaneous-pass through | |||||||
| N/A | NA | TX | 77002 | N/A | PC | general purpose | $143 |
| HALO-Flight | |||||||
| 1843 FM 665 | Corpus Christi | TX | 78415 | none | PC | general purpose | $35,000 |
| Kelsey Research Foundation | |||||||
| 5615 Kirby Dr Ste 660 | Houston | TX | 77005 | none | PC | general purpose | $100,000 |
| The Pasadena Educational Foundation | |||||||
| 351 South Hudson Ave RM 153 | Pasadena | CA | 91101 | none | PC | general purpose | $7,500 |
| Memorial Hermann Foundation | |||||||
| 929 Gessner Dr Ste 2600 | Houston | TX | 77024 | none | PC | general purpose | $250,000 |
| Galveston County Food Bank | |||||||
| 624 4th ave n | texas city | TX | 77590 | none | PC | general purpose | $5,000 |
| Project Joy & Hope | |||||||
| 3207 Tulip St | Pasadena | TX | 77504 | none | PC | general purpose | $55,670 |
| Houston Food Bank | |||||||
| 535 Portwall St | Houston | TX | 77029 | none | PC | general purpose | $5,000 |
| Ronald McDonald House Houston | |||||||
| 1907 Holcombe Blvd | Houston | TX | 77030 | none | PC | general purpose | $35,000 |
| The Salvation Army USA | |||||||
| 615 slaters Lane | Alexandria | VA | 22314 | none | PC | general purpose | $5,000 |
| Search Homeless Services | |||||||
| 2015 Congress St | Houston | TX | 77002 | none | PC | general purpose | $50,000 |
| Still Waters Cowboy Church | |||||||
| 1699 TX-315 | Carthage | TX | 75633 | none | PC | general purpose | $250,000 |
| Texas A&M-Kingsville Foundation | |||||||
| MSC 173 700 University Blvd | Kingsville | TX | 78363 | none | PC | general purpose | $300,000 |
| University of Texas Health Science Center | |||||||
| 7000 Fannin St 1200 | Houston | TX | 77030 | none | PC | general purpose | $600,000 |
| The Covenant House Texas | |||||||
| 3412 Beulah St | Houston | TX | 77004 | none | PC | general purpose | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,788,313 | 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 | $1,169,729 | 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 |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,423,816 | 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 (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| PARTNERSHIPS | 211110 | -$50,150 | 16 | -$25,623 |
| PASSIVE ACTIVITY SUSPENDED LOSSES | 211110 | $50,150 | 18 | -$341 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,567,581 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,567,581 | 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 | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GLASSELL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | PRIVATE FOUNDATION | OrganizationTypeDesc |
| Relationship Description | MORE THAN 25% OF THE OFFICER'S | RelationshipDescriptionTxt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $17,279 | Amt |
| Net Investment Income | $8,640 | NetInvestmentIncomeAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SEE STATEMENTS US STOCK | $19,243,579 | $37,734,552 |
| SEE STATEMENTS FOREIGN STOCK | $1,257,078 | $1,328,346 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,033,181 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,951,991 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CABO BLANCO STOCK | AT COST | $125 | $125 |
| IRONWOOD INTERNATIONAL | FMV | $4,267,296 | $4,267,296 |
| SEE ATTD STMTS-MUTUAL FUNDS | FMV | $1,689,642 | $1,604,980 |
| SEE ATTD STMTS-PRIV PARTNSHP | FMV | $9,875,405 | $12,518,552 |
| SEE ATTD STMTS-MLPS | FMV | $787,725 | $748,050 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEDUCTIONS(FORMERLY SUBJECT TO 2% FLOOR) | Desc |
| Amt | $167,549 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CUSTODY FEES | $42,989 | $42,989 |
| PASS THRU K-1 | $12,963 | $12,963 |
| INVESTMENT FEE | $171,967 | $171,967 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| pass through private partnership rental | -$76,160 | -$76,160 |
| pass through private partnership otherincome | -$53,947 | -$53,947 |
| PASS THROUGH PRIVATE PARTNERSHIP ROYALTY | $21,856 | $21,856 |
| pass through mlp royalty | $82,287 | $82,287 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BASIS ADJUSTMENTS ON PARTNERSHIPS | Desc |
| Amt | $1,057,971 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $29,969 | Amt |
| Net Investment Income | $29,969 | NetInvestmentIncomeAmt |