FMH FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: FMH FOUNDATION (EIN 27-2504803)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-15
IRS object ID: 202333199349106313
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 Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Land Etc Schedule2
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-15T14:32:24-06:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	750807999	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 151	AddressLine1Txt
City	MIDLAND	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	79702	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	272504803	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	F M H FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FMHF	BusinessNameControlTxt
Phone	4326827924	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 51310	AddressLine1Txt
City	MIDLAND	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	797101310	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LAURA BUCKNER	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	4326827323	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	LAURA	PersonFirstNm
Person Last	BUCKNER	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	DEBORAH TILLEY	PreparerPersonNm
PTIN	P01330223	PTIN
Phone	4326827323	PhoneNum
Preparation	2023-11-14	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$464,459,475	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$7,819,117	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$7,813,511	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$10,048,773	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$131,117,856	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$10,048,773	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$92,822,197	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$92,822,197	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$110,690,087	TotalRevAndExpnssAmt
Total Net Invst Incm	$110,684,481	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$200,200	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$50,050	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$150,150	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$294,540	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$73,635	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$220,905	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$49,583	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$12,396	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$37,187	PensionEmplBnftDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$19,110	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$9,555	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$9,555	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,310,221	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$1,310,221	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$6,675,183	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$5,350,015	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$26,122	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$6,460,499	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$6,460,499	DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss	$86,956	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$86,956	OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl	$0	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$25,354	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$6,338	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$19,016	TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$1,312	PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm	$1,312	PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl	$0	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$4,402,351	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$4,369,338	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$33,013	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$19,525,309	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$17,730,315	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$495,948	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$25,636,460	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$25,636,460	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$45,161,769	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$17,730,315	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$26,132,408	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$65,528,318	ExcessRevenueOverExpensesAmt
Net Investment Income	$92,954,166	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1,144,044	CashBOYAmt
Cash EOY	$3,773,158	CashEOYAmt
Cash EOYFMV	$3,773,158	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$11,126,265	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$23,227,107	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$23,227,107	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$196,354,445	CorporateStockBOYAmt
Corporate Stock EOY	$219,953,076	CorporateStockEOYAmt
Corporate Stock EOYFMV	$232,231,245	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$57,966,180	CorporateBondsBOYAmt
Corporate Bonds EOY	$85,802,695	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$81,072,492	CorporateBondsEOYFMVAmt
Other Investments BOY	$33,965,349	OtherInvestmentsBOYAmt
Other Investments EOY	$39,789,095	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$42,854,527	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$63,197	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$42,251	LandBldgEquipAccumDeprecAmt
Land BOY	$21,562	LandBOYAmt
Land EOY	$20,946	LandEOYAmt
Land EOYFMV	$20,946	LandEOYFMVAmt
Other Assets BOY	$68,125,594	OtherAssetsBOYAmt
Other Assets EOY	$61,665,711	OtherAssetsEOYAmt
Other Assets EOYFMV	$81,280,000	OtherAssetsEOYFMVAmt
Total Assets BOY	$368,703,439	TotalAssetsBOYAmt
Total Assets EOY	$434,231,788	TotalAssetsEOYAmt
Total Assets EOYFMV	$464,459,475	TotalAssetsEOYFMVAmt
Accounts Payable EOY	$31	AccountsPayableEOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$31	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$286,771,275	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$286,771,275	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$81,932,164	RetainedEarningBOYAmt
Retained Earning EOY	$147,460,482	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$368,703,439	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$434,231,757	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$368,703,439	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$434,231,788	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$368,703,439	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$65,528,318	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$434,231,757	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$434,231,757	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MARKETABLE SECURITIES MANAGED PORTFOLIO STCG	P	$2,761,445	$2,898,048	-$136,603	-$136,603
MARKETABLE SECURITIES MANAGED PORTFOLIO LTCG	P	$33,469,073	$30,177,606	$3,291,467	$3,291,467
MARKETABLE SECURITIES MANAGED PORTFOLIO STCG	P	$8,465,678	$9,802,752	-$1,337,074	-$1,337,074
MARKETABLE SECURITIES MANAGED PORTFOLIO LTCG	P	$68,841,287	$60,044,900	$8,796,387	$8,796,387
OTHER INVESTMENT LOSSES	P		$683,750	-$683,750	-$683,750
MARKETABLE SECURITIES MANAGED PORTFOLIO STCG	P	$3,265,525	$3,579,541	-$314,016	-$314,016
MARKETABLE SECURITIES MANAGED PORTFOLIO LTCG	P	$6,864,753	$7,043,683	-$178,930	-$178,930
MARKETABLE SECURITIES MANAGED PORTFOLIO STCG	P	$6,906,492	$6,838,803	$67,689	$67,689
CAPITAL GAINS DIVIDENDS	P	$543,603		$543,603	$543,603

Field	Value	IRS element (for citing)
Capital Gain Net Income	$10,048,773	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1,292,063	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$1,292,063	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$1,292,063	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$1,468,434	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$540,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$2,008,434	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$716,371	OverpaymentAmt
Applied To ES Tax	$716,371	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	TX	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	FMHFOUNDATION.ORG	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	FMH FOUNDATION ATTN J HIRES	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4326827924	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 51310	AddressLine1Txt
City	MIDLAND	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	79710	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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
GLENN A ROGERS
PO BOX 51310	MIDLAND	TX	79710	PRESIDENT	2.00	$0	$0	$0
JONI HIRES
PO BOX 51310	MIDLAND	TX	79710	EXECUTIVE DIRECTOR	40.00	$200,200	$6,456	$0
LAURA MCCABE
PO BOX 51310	MIDLAND	TX	79710	SECRETARY	1.00	$0	$0	$0
LAURA BUCKNER
PO BOX 7963	MIDLAND	TX	79708	TREASURER	1.00	$0	$0	$0
TEVIS HERD
PO BOX 51310	MIDLAND	TX	79710	DIRECTOR	1.00	$0	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
SENIOR GRANT MANAGER
PO BOX 51310	MIDLAND	TX	79710	SENIOR GRANT MANAGER	40.00	$115,700	$3,561	$0
GRANT MANAGER
PO BOX 51310	MIDLAND	TX	79710	GRANT MANAGER	40.00	$93,340	$2,893	$0
ACCOUNTING AND OPERATIONS
PO BOX 51310	MIDLAND	TX	79710	ACCOUNTING AND OPERA	40.00	$85,500	$2,655	$0

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

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
BANK OF AMERICA
PO BOX 830269	DALLAS	TX	75283	INVESTMENT MANAGEMENT	$1,038,644
WELLS FARGO BANK NA
1445 ROSS AVE	DALLAS	TX	75202	INVESTMENT MANAGEMENT	$201,936
PRIVATE WEALTH ASSET MANAGEMENT
901B TRADEWINDS BLVD	MIDLAND	TX	79706	INVESTMENT MANAGEMENT	$50,668
RBC WEALTH MANAGEMENT
550 WEST TEXAS SUITE 120	MIDLAND	TX	79701	INVESTMENT MANAGEMENT	$18,973

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$364,209,845	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$6,341,049	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$81,280,000	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$451,830,894	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$451,830,894	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$6,777,463	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$445,053,431	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$22,252,672	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$22,252,672	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1,292,063	TaxBasedOnInvestmentIncomeAmt
Income Tax	$187,137	IncomeTaxAmt
Total Tax	$1,479,200	TotalTaxAmt
Distributable Before Adj	$20,773,472	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$20,773,472	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$20,773,472	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$26,132,408	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$26,132,408	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$20,773,472	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr3	$5,942,147	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1	$1,881,299	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$7,823,446	TotalExcessDistributionCyovAmt
Qualifying Distributions	$26,132,408	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$20,773,472	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$5,358,936	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$13,182,382	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$13,182,382	ExcessDistriCyovToNextYrAmt
Excess From Year3	$5,942,147	ExcessFromYear3Amt
Excess From Year1	$1,881,299	ExcessFromYear1Amt
Excess From Current Year	$5,358,936	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (87 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
ALZHEIMER'S ASSOCIATION
4400 N BIG SPRING ST C32	MIDLAND	TX	79705	PC	EDUCATION/COMMUNITY SERVICES & GENERAL OPERATING	$40,000
AMERICAN HEART ASSOCIATION
12345 N LAMAR BLVD STE 200	AUSTIN	TX	78753	PC	CPR TRAINING IN RURAL PERMIAN BASIN	$150,000
ANDREWS COUNTY HOSPITAL DISTRICT
720 HOSPITAL DR	ANDREWS	TX	79714	PC	MEMORY CARE UNIT ADDITION	$1,500,000
APHASIA CENTER OF WEST TEXAS
5214 THOMASON DRIVE	MIDLAND	TX	79703	PC	GENERAL OPERATING & SCHOLARSHIP FUND	$40,000
ARCHWAY OUTREACH INC
1005 W TEXAS AVE	MIDLAND	TX	79701	PC	COUNSELING SERVICES	$100,000
ARTS COUNCIL OF MIDLAND
PO BOX 3494	MIDLAND	TX	79701	PC	GENERAL OPERATING	$10,000
BIG BROTHERS BIG SISTER OF THE PERMIAN BASIN INC
714 W LOUISIANA AVE	MIDLAND	TX	79701	PC	MENTAL HEALTH MENTORING	$10,000
BIG SPRING SYMPHONY
PO BOX 682	BIG SPRING	TX	79721	PC	CONCERT PRODUCTION	$27,000
BLACK CULTURAL COUNCIL OF ODESSSA
PO BOX 801	ODESSA	TX	79760	PC	ANNUAL CULTURAL CELEBRATION	$30,000
CASA OF WEST TEXAS
1611 W TEXAS AVE	MIDLAND	TX	79701	PC	GENERAL OPERATING EXPENSE	$100,000
CENTERS FOR CHILDREN AND FAMILIES INC
3701 ANDREWS HWY	MIDLAND	TX	79703	PC	CLINICAL COUNSELING & GENERAL OPERATING	$85,000
COM AQUATICS INC
3003 N A ST	MIDLAND	TX	79705	PC	EQUIPMENT & GENERAL OPERATING	$105,000
COMMUNITIES IN SCHOOL OF THE PB INC
PO BOX 10532	MIDLAND	TX	79702	PC	GENERAL OPERATING	$20,000
CRISIS CENTER OF WEST TEXAS
910 S GRANT AVE B	ODESSA	TX	79761	PC	GENERAL OPERATING EXPENSE	$90,000
ECISD EDUCATION FOUNDATION
PO BOX 951	ODESSA	TX	79763	PC	MUSIC PROGRAM & FACILITY IMPROVEMENTS	$175,000
ECTOR COUNTY SHERIFF'S OFFICE
PO BOX 2066	ODESSA	TX	79761	PC	EQUIPMENT	$60,000
ELLEN NOEL ART MUSEUM OF THE PB
4909 E UNIVERSITY BLVD	ODESSA	TX	79762	PC	IMPROVEMENTS	$3,000,000
FAMILY PROMISE OF MIDLAND TEXAS INC
3500 NORTH A STREET	MIDLAND	TX	79705	PC	GENERAL OPERATING	$50,000
FAMILY PROMISE OF ODESSA INC
1354 E 6TH ST	ODESSA	TX	79761	PC	GENERAL OPERATING EXPENSE	$10,000
FIX WEST TEXAS
4921 N COUNTY RD 1147	MIDLAND	TX	79705	PC	SPAY & NEUTER SERVICES	$10,000
FOOD 2 KIDS BIG SPRING INC
PO BOX 1641	BIG SPRING	TX	79720	PC	OPERATING EXPENSE	$20,000
FOOD PANTRY OF JEFF DAVIS COUNTY INC
PO BOX 244	FORT DAVIS	TX	79734	PC	GENERAL OPERATING & FACILITY IMPROVEMENTS	$82,000
FORT DAVIS CHILDRENS THEATRE
PO BOX 2176	FORT DAVIS	TX	79734	PC	THEATRE PROGRAM	$8,000
FRIENDS OF THE JEFF DAVIS COUNTY LIBRARY
PO BOX 425	FORT DAVIS	TX	79734	PC	GENERAL OPERATING EXPENSE	$30,000
GIFTS OF HOPE INC
2006 W TENNESSEE	MIDLAND	TX	79701	PC	GENERAL OPERATING EXPENSE	$70,000
GLASSCOCK COUNTY VFD
117 E CURRIE	GARDEN CITY	TX	79739	PC	FIRE TRUCK, COMMUNICATION EQUIPMENT	$285,000
GREENWOOD VOLUNTEER FIRE DEPARTMENT
2900 S CO RO 1083	MIDLAND	TX	79706	PC	SPECIALIZED EQUIPMENT	$320,000
HARMONY HOME CHILDRENS ADVOCACY CENTER
PO BOX 3087	ODESSA	TX	79760	PC	GENERAL OPERATING EXPENSE	$40,000
HIGH SKY CHILDREN'S RANCH
8613 W COUNTY RD 60	MIDLAND	TX	79707	PC	GENERAL OPERATING & BUILDING & GROUNDS	$30,000
HISPANIC CULTURAL CENTER OF MIDLAND INC
PO BOX 51404	MIDLAND	TX	79710	PC	OPERATING EXPENSE	$30,000
HOSPICE OF MIDLAND INCORPORATED
911 W TEXAS AVE	MIDLAND	TX	79701	PC	COMMUNITY CENTER RENOVATION & IMPROVEMENTS	$265,000
I-20 WILDLIFE PRESERVE
2201 S MIDLAND DR	MIDLAND	TX	79703	PC	GENERAL OPERATING	$15,000
LEGACY HIGH SCHOOL CHOIR BOOSTER CLUB
PO BOX 8473	MIDLAND	TX	79708	PC	CHOIR PERFORMANCE TRAVEL	$20,000
LITERACY COALITION OF THE PERMIAN BASIN
3500 N A STREET STE 2700	MIDLAND	TX	79705	PC	GENERAL OPERATING	$10,000
MANOR PARK INC
2208 N LOOP 250 W	MIDLAND	TX	79707	PC	TECHNOLOGY IMPROVEMENT PROJECT	$640,000
MARC INC
2701 N A ST	MIDLAND	TX	79705	PC	GENERAL OPERATING	$100,000
MARFA PUBLIC RADIO CORPORATION
PO BOX 238	MARFA	TX	79843	PC	GENERAL OPERATING & EQUIPMENT	$100,000
MARTIN COUNTY CONVENT FOUNDATION INC
PO BOX 1435	STANTON	TX	79782	PC	MARIENFELD HALL	$3,505,000
MARTIN COUNTY HISTORICAL MUSEUM
PO BOX 929	STANTON	TX	79782	PC	RENOVATION OF THE MARTIN COUNTY HISTORICAL MUSEUM	$312,000
MARTIN COUNTY VOLUNTEER FIRE DEPARTMENT
PO BOX 468	STANTON	TX	79782	PC	COMMUNICATION EQUIPMENT	$130,000
MEDICAL CENTER HEALTH SYSTEM FOUNDATION
PO BOX 7335	ODESSA	TX	79760	PC	COMMUNICATION SYSTEM	$500,000
MIDLAND ARMY AIRFIELD FOUNDATION
PO BOX 61064	MIDLAND	TX	79711	PC	MESEUM FACILITY IMPROVEMENTS	$55,000
MIDLAND COMMUNITY HEALTHCARE SERVICES
PO BOX 5576	MIDLAND	TX	79704	PC	COLEMAN CLINIC PROJECT	$970,000
MIDLAND COMMUNITY THEATRE
2000 W WADLEY AVE	MIDLAND	TX	79705	PC	FACILITY RENOVATION	$115,000
MIDLAND COUNTY PUBLIC LIBRARY FOUNDATION
PO BOX 1634	MIDLAND	TX	79701	PC	EXHIBITS & ENDOWMENT FUND	$95,000
MIDLAND FAIR HAVENS INC
2400 WHITMIRE BLVD 100	MIDLAND	TX	79705	PC	EDUCATION PROGRAM	$60,000
MIDLAND FESTIVAL BALLET
PO BOX 52034	MIDLAND	TX	79710	PC	BALLET PRODUCTIONS	$130,000
MIDLAND MEMORIAL FOUNDATION
400 R REDFERN GROVER PARKWAY	MIDLAND	TX	79701	PC	ENDOWMENT FUND	$20,100
MIDLAND POLICE DEPARTMENT
601 N LORAINE	MIDLAND	TX	79701	PC	ANGEL ARMOR FOR OFFICERS	$5,660
MIDLAND RAPE CRISIS CENTER
1700 N BIG SPRING ST	MIDLAND	TX	79701	PC	OPERATING EXPENSE	$91,000
MIDLAND SHARED SPACES
3500 N A STREET STE 1100	MIDLAND	TX	79705	PC	LITERACY COALITION OF THE PERMIAN BASIN & IT EXPANSION	$240,000
MIDLAND STORYTELLING FESTIVAL
800 W TEXAS AVE	MIDLAND	TX	79701	PC	OPERATING EXPENSE	$35,000
MISSION HEALTH CARE INC
3500 N A ST	MIDLAND	TX	79705	PC	GENRAL OPERATING	$20,000
MONAHANS ECONOMIC DEVELPOMENT CORPORATION
PO BOX 61064	MONAHANS	TX	79705	PC	BROADBAND PROJECT	$1,000,000
MUSEUM OF THE SOUTHWEST
1705 W MISSOURI AVE	MIDLAND	TX	79701	PC	GENERAL OPERATING & MUSEUM CURATORIAL FUNDING	$65,000
NON-PROFIT MANAGEMENT CENTER OF PB
3500 N A STREET STE 2300	MIDLAND	TX	79705	PC	OPERATING EXPENSES	$75,000
NORTH SIDE MOVEMENT
707 NORTH GREGG ST	BIG SPRING	TX	79720	PC	EQUIPMENT EXPENSES	$25,000
ODESSA COUNCIL FOR THE ARTS & HUMANITIES
415 N GRANT AVE	ODESSA	TX	79761	PC	MEMORIAL PROJECT	$150,000
PERMIAN BASIN AREA FOUNDATION
3312 ANDREWS HWY	MIDLAND	TX	79703	PC	ENDOWMENT FUND	$10,000
PERMIAN BASIN BEHAVIORAL HEALTH CENTER
400 ROSALIND REDFERN GROVER PARK	MIDLAND	TX	79701	PC	PERMIAN BASIN BEHAVIORAL HEALTH CENTER	$2,000,000	WAY
PERMIAN BASIN OPERA
3500 N A ST	MIDLAND	TX	79705	PC	PERFORMANCE PROGRAM	$60,000
PERMIAN BASIN PUBLIC TELECOMMUNICATIONS INC
550 W TEXAS AVE STE 800	MIDLAND	TX	79701	PC	OPERATING AND EQUIPMENT	$150,000
PERMIAN BASIN QUALITY OF PLACE CONSERVANCY
200 N LORAINE ST STE 610	MIDLAND	TX	79701	PC	RECREATION PROJECTS	$1,020,000
PERMIAN BASIN REGIONAL COUNCIL ON ALCOHOL AND DRUG ABUSE
120 E SECOND ST	ODESSA	TX	79761	PC	GENERAL OPERATING EXPENSE	$75,000
PERMIAN BASIN REHABILITATION CENTER
620 N ALLEGHANEY AVE	ODESSA	TX	79761	PC	EQUIPMENT	$150,000
POSSIBILITIES OF THE CONCHO VALLEY
PO BOX 1922	SAN ANGELO	TX	76902	PC	OPERATING EXPENSES	$20,000
RECORDING LIBRARY OF WEST TEXAS
3500 N A STREET STE 2800	MIDLAND	TX	79705	PC	OPERATING EXPENSE	$50,000
SAFE PLACE OF THE PERMIAN BASIN
700 N GRANT AVENUE	ODESSA	TX	79762	PC	BUILDING & CAPITAL PROJECTS	$410,000
SAN ANGELO SYMPHONY SOCIETY
72 W COLLEGE AVE	SAN ANGELO	TX	76903	PC	PERFORMANCE PROGRAM	$20,000
SENIOR LIFE MIDLAND
3301 SINCLAIR AVE	MIDLAND	TX	79707	PC	BUILDING PROJECT	$15,000
SHARING HANDS A RESPITE EXPERIENCE
3500 N A STREET STE 2200	MIDLAND	TX	79705	PC	PROGRAM EXPENSE	$100,000
SHELBY'S BRIDGE
1008 E HAY ST	SUDAN	TX	79371	PC	PROGRAM EXPENSE	$120,000
SIBLEY ENVIRONMENTAL LEARNING CENTER
1307 E WADLEY	MIDLAND	TX	79705	PC	PROGRAM EXPENSE	$39,000
SPRINGBOARD CENTER
200 CORPORATE DR	MIDLAND	TX	79705	PC	GENERAL OPERATING	$75,000
STARLIGHT THERAPEUTIC RIDING CENTER INC
6 DESTA DRIVE STE 3000	MIDLAND	TX	79705	PC	RIDING ARENA	$20,500
STERLING COUNTY VOLUNTEER FIRE DEPARTMENT
PO BOX 577	STERLING CITY	TX	76951	PC	BRUSH FIRE TRUCK	$66,000
TRANSFORMATIVE LEADERSHIP ACADEMY
2909 S STOCKTON AVENUE	MIDLAND	TX	79756	PC	ART PROJECT	$10,000
UMC FOUNDATION
602 INDIANA AVE	LUBBOCK	TX	79415	PC	HEALTHCARE EQUIPMENT	$227,000
WALL VOLUNTEER FIRE DEPARTMENT
7873 LOOP 570	SAN ANGELO	TX	76905	PC	FIRE TRUCK	$175,000
WARD MEMORIAL HOSPITAL
PO BOX 40	MONAHANS	TX	79756	PC	RENOVATION/EXPANSION OF MEDICAL SURGICAL UNIT	$3,000,000
WATER VALLEY VOLUNTEER FIRE DEPARTMENT
17667 BOOTH ST	WATER VALLEY	TX	76958	PC	TRUCK & COMMUNICATION EQUIPMENT	$80,000
WEST TEXAS COUNSELING & GUIDANCE INC
36 E TWOHIG AVE STE 600	SAN ANGELO	TX	76903	PC	MENTAL HEALTH COUNSELING	$155,200
WEST TEXAS FOOD BANK
1601 WESTCLIFF DR	MIDLAND	TX	79703	PC	ODESSA FACILITY EXPANSION	$2,000,000
WEST TEXAS GIFTS OF HOPE INC
PO BOX 891	ODESSA	TX	79760	PC	LODGING FOR CANCER PATIENTS	$23,000
WEST TEXAS JAZZ SOCIETY INC
PO BOX 10832	MIDLAND	TX	79702	PC	CONCERT SERIES	$65,000
YOUNG MENS CHRISTIAN ASSOC OF MIDLAND TX
PO BOX 954	MIDLAND	TX	79702	PC	LAND DEVELOPMENT PROJECT & GENERAL OPERATING	$105,000
YOUNG MENS CHRISTIAN ASSOCODESSA INC
3001 E UNIVERSITY BLVD	ODESSA	TX	79762	PC	GENERAL OPERATING	$120,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$25,636,460	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$7,819,117	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$92,822,197	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$10,048,773	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$110,690,087	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$110,690,087	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$19,110	Amt
Net Investment Income	$9,555	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$9,555	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (12 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	Cost Or Other BasisCostOrOtherBasisAmt	Computation MethodComputationMethodTxt	LifeLifeRt	Current Year ExpenseCurrentYearExpenseAmt	Net Investment IncomeNetInvestmentIncomeAmt	Prior Year DepreciationPriorYearDepreciationAmt
CANNON COPIER SCANNER	2018-01-02	$8,095	200DB	5.000000000000	$0	$0
OFFICE DECO-5 ART PRINTS	2018-01-02	$3,019	200DB	7.000000000000	$0	$0
OFFICE NETWORK WIRING & EQUIP	2018-01-02	$8,625	200DB	5.000000000000	$0	$0
SOFTWARE-PANDA VIRUS PROTECTION	2018-01-02	$400	SL	3.000000000000	$0	$0	$400
OFFICE NETWORK WIRING & EQUIP	2018-01-02	$378	200DB	5.000000000000	$0	$0
ICE MAKER	2018-01-02	$2,589	200DB	7.000000000000	$0	$0
LEASEHOLD IMPROVEMENTS	2018-01-02	$24,026	SL	39.000000000000	$616	$0	$2,464
STORAGE CABINET	2018-01-24	$385	200DB	7.000000000000	$0	$0
MINI BLINDS BOARD ROOM	2018-06-07	$1,600	200DB	7.000000000000	$0	$0
8 LENOVO NETBOOK COMPUTERS	2018-02-28	$5,287	200DB	5.000000000000	$0	$0
J-TOUCH INTERACTIVE DISPLAY	2018-12-04	$4,679	200DB	5.000000000000	$0	$0
ALLWORX TELEPHONE SYSTEM	2019-12-16	$4,114	200DB	5.000000000000	$0	$0

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	CORPORATE & GOV'T BOND PORTFOLIOS	BondNm
EOY Book Value	$85,802,695	EOYBookValueAmt
EOYFMV	$81,072,492	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	EQUITY SECURITIES PORTFOLIOS	StockNm
EOY Book Value	$219,953,076	EOYBookValueAmt
EOYFMV	$232,231,245	EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	REITS & ALTERNATIVE INVESTMENTS	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$39,789,095	BookValueAmt
EOYFMV	$42,854,527	EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (12 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt
CANNON COPIER SCANNER	$8,095	$8,095	$0
OFFICE DECO-5 ART PRINTS	$3,019	$3,019	$0
OFFICE NETWORK WIRING & EQUIP	$8,625	$8,625	$0
SOFTWARE-PANDA VIRUS PROTECTION	$400	$400	$0
OFFICE NETWORK WIRING & EQUIP	$378	$378	$0
ICE MAKER	$2,589	$2,589	$0
LEASEHOLD IMPROVEMENTS	$24,026	$3,080	$20,946
STORAGE CABINET	$385	$385	$0
MINI BLINDS BOARD ROOM	$1,600	$1,600	$0
8 LENOVO NETBOOK COMPUTERS	$5,287	$5,287	$0
J-TOUCH INTERACTIVE DISPLAY	$4,679	$4,679	$0
ALLWORX TELEPHONE SYSTEM	$4,114	$4,114	$0

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (4 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
OIL & GAS PRODUCING PROPERTY	$75,330,020	$75,330,020	$81,000,000
ACCUMULTED DEPLETION	-$17,252,583	-$23,712,466
OIL & GAS NON-PRODUCING PROPERTY	$9,927,557	$9,927,557
REAL ESTATE MINERAL CLASSIFIED PROPERTY	$120,600	$120,600	$280,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE	$8,821	$2,634	$6,187
DUES & MEMBERSHIP FEES	$8,000	$0	$8,000
OFFICE EXPENSES AND SUPPLIES	$54,629	$37,362	$17,267
PAYROLL SERVICE FEES	$2,079	$520	$1,559
OIL & GAS EXPENSE INCLUDING MANAGEMENT	$4,328,822	$4,328,822	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
OIL & GAS ROYALTIES	$83,690,201	$83,690,201	$83,690,201
OIL LEASE BONUS INCOME	$9,107,122	$9,107,122	$9,107,122
INVESTMENT PARTNERSHIPS	$24,874	$24,874	$24,874

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT MANAGEMENT FEES	CategoryTxt
Amt	$1,310,221	Amt
Net Investment Income	$1,310,221	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (5 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL TAXES	$1,299,046	$0	$0
PAYROLL TAXES EMPLOYER	$34,829	$8,707	$26,122
FOREIGN TAX ON DIVIDENDS	$13,229	$13,229	$0
ROYALTY PRODUCTION TAX	$4,059,233	$4,059,233	$0
ROYALTY AD VALOREM TAXES	$1,268,846	$1,268,846	$0