2025-01-31T15:25:47-05:00 2023-11-30 HURRICANE BERYL 7508A Pannell Kerr Forster of Texas PC 5847 San Felipe Suite 2600 Houston TX 770573092 990PF 2023-07-01 237065248 THE SAROFIM FOUNDATION % SAROFIM TRUST COMPANY SARO 7136544484 PO BOX 52830 HOUSTON TX 770522830 RAYE WHITE TRUSTEE 7136544484 2025-02-01 true true EMILY SMIKAL P01312781 7138601400 2023 2025-03-06 01:10:19Z X X 0 X 1306921498 8375952 8375952 74487208 1023704522 74487208 -525079 1389259579 82863160 82603 8260 74343 3096 3096 24467 2423 22043 166909 3313 0 163596 98102 98102 113832 113832 2439 2439 512988 512626 362 1004436 640454 0 363981 7973681 7973681 8978117 640454 0 8337662 1380281462 82222706 150722926 0 0 411878367 0 0 12245449 0 0 574846742 0 0 0 0 X 574846742 0 574846742 0 574846742 0 574846742 1380281462 586647 1955714851 1955714851 PUBLICLY TRADED SECURITIES 3509443 1923584 1585859 1585859 PUBLICLY TRADED SECURITIES 1020195079 947293730 72901349 72901349 74487208 1142896 1142896 1142896 1219820 0 1219820 76924 0 76924 false false false false false false true true true TX true false false false false true N/A SAROFIM TRUST COMPANY 7136544484 TWO HOUSTON CTR 2907 HOUSTON TX 770101083 false false false false true false false false false false false false false false false false true false false true false false false false CHRISTOPHER B SAROFIM PO BOX 52830 HOUSTON TX 770522830 TRUSTEE 0 0 0 0 RAYE G WHITE PO BOX 52830 HOUSTON TX 770522830 TRUSTEE 0 0 0 0 William Gentry Lee Jr PO BOX 52830 HOUSTON TX 770522830 Trustee 0 0 0 0 Ryan Dolibois PO BOX 52830 HOUSTON TX 770522830 Executive Director 0 82603 16835 0 SAROFIM TRUST CO PO BOX 52830 HOUSTON TX 770522830 INVESTMENT MGMT 239779 SHEPPARD MULLIN RICHTER & HAMPTON LLP 350 SOUTH GRAND AVENUE 40TH FLOOR LOS ANGELES CA 90071 LEGAL 166909 DENISE SMITH CONSULTING LLC 1207 HARVARD AVENUE MIDLAND TX 79701 CONSULTING 85582 N/A N/A 1388756581 172870709 9525851 1571153141 0 1571153141 23567297 1547585844 32435703 32435703 1142896 1142896 31292807 31292807 31292807 8337662 0 0 0 0 8337662 31292807 8337662 2021 2020 2019 0 0 0 8337662 8337662 0 0 0 0 0 0 31292807 0 0 FAYEZ SAROFIM NONE RAYE G WHITE PO BOX 52830 HOUSTON TX 770522830 7136544484 Upon receipt of a grant request, the Foundation requires the applicant to furnish the Foundation with specified information set forth in the Foundation's due diligence checklist, including, without limitation, information regarding the Applicant's formation as a nonprofit entity; tax-exempt and public charity status under Section 501(c)(3); governance, charitable activities, financials, and key personnel. If the grant request is approved by the Foundation's Trustees, the Foundation requires the Applicant to enter into a grant letter agreement with the Foundation outlining and confirming the Applicant's public charity status under Section 501(c)(3) and proposed use of the grant funds consistent with the Foundation's charitable mission. REQUIRED CHECKLISTS AND DOCUMENTATIONS MUST BE SUBMITTED TO THE FOUNDATION WITHIN 60 DAYS OF THE INI The Foundation does not make grants to organizations that are not recognized by the Internal Revenue Service as tax-exempt public charities under Section 501(c)(3) and Sections 509(a)(1), 509(a)(2), and 509(a)(3), including, without limitation, private foundations and private operating foundations described under Section 501(c)(3). In addition, the Foundation does not make grants to individuals, including, without limitation, grants to support scholarships programs organized for individual recipients. BOYS & GIRLS COUNTRY OF HOUSTON 18806 Roberts Road Hockley TX 77447 NO RELATIONSHIP PC GENERAL CHARITABLE PURPOSES 5000 THE MUSEUM OF FINE ARTS HOUSTON PO Box 25026 Houston TX 772655026 NO RELATIONSHIP PC GENERAL CHARITABLE PURPOSES 112186 TEXAS CHILDREN'S HOSPITAL & CANCER CENTER 1919 S BRAESWOOD BLVD SUITE 6226 HOUSTON TX 77030 NO RELATIONSHIP PC GENERAL CHARITABLE PURPOSES 25000 TEXAS HEART INSTITUTE 6770 Bernter Ave MC 3-117 HOUSTON TX 77030 NO RELATIONSHIP PC GENERAL CHARITABLE PURPOSES 10000 Various Charities Made by Transferee Foundation PO BOX 52830 Houston TX 770522830 NO RELATIONSHIP PC GIFTS MADE BY TRANSFEREE FOUNDATION - THE SAROFIM FOUNDATION (FEIN: 37-2090276) IN SATISFACTION OF 2022 UNDISTRIBUTED INCOME REQUIREMENT - DETAILS AVAILABLE UPON REQUEST 7821495 7973681 14 8375952 18 74487208 INCOME/LOSS FROM PASSTHROUGH 14 -525079 82338081 82338081 false false false false false false false false false false X X 1 FAYEZ S SAROFIM MANAGEMENT TRUST PO BOX 52830 HOUSTON TX 770522830 1301921498 X X 2 FAYEZ S SAROFIM MANAGEMENT TRUST PO BOX 52830 HOUSTON TX 770522830 5000000 X 1 See Schedule B Attachment 1419690883 2023-07-05 NONE The Sarofim Foundation PO Box 52830 Houston TX 770522830 As part of its liquidation and termination, The Sarofim Foundation (FEIN 23-7065248) transferred all of its assets to The Sarofim Foundation (FEIN 37-2090276), a Section 501(c)(3) private foundation. This transfer of assets is a section 507(b)(2) transfer and, therefore, the transfer will not cause the Sarofim Foundation (FEIN 37-2090276) to be treated as a newly created organization for purposes of the private foundation provisions. The Sarofim Foundation (FEIN 37-2090276) received its Section 501(c)(3) determination letter from the IRS on November 1, 2023 with an effective date of exemption of March 6, 2023. On November 2, 2023, the taxpayer legally dissolved for state purposes. They underwent a process of distributing all of their remaining assets to The Sarofim Foundation (FEIN: 37-2090276). The Transferee Foundation has taken over the assets and liabilities of the taxpayer, including qualifying distribution responsibilities for the 2022 and 2023 tax years. The allocation of the fo 1941201968 The Sarofim Foundation PO Box 52830 Houston TX 770522830 2023-11-01 7821495 Transfer of expenditure responsibility due to dissolution and transfer of assets. 7821495 NO 06/30/2024 2024-06-30 As part of liquidation and termination, The Sarofim Foundation (FEIN 23-7065248) transferred all of its assets to The Sarofim Foundation (FEIN 37-2090276), a Section 501(c)(3) private foundation. This transfer of assets is a section 507(b)(2) transfer and, therefore, the transfer will not cause the Sarofim Foundation (FEIN 37-2090276) to be treated as a newly created organization for purposes of the private foundation provisions. The Sarofim Foundation (FEIN 37-2090276) received its Section 501(c)(3) determination letter from the IRS on November 1, 2023 with an effective date of exemption of March 6, 2023. The taxpayer transferred its expenditure responsibility to the transferee Foundation in satisfaction of its 2022 undistributed income requirement. The transferee Foundation has confirmed this expenditure responsibility was fulfilled. JPMORGAN-SEE ATTACHMENT 1 0 0 GOLDMAN SACHS-SEE ATTACHMENT 2 0 0 SAROFIM MULTIFAMILY INCOME FD FMV 0 0 LEGAL FEES 166909 3313 163596 CURRENT YEAR UNREALIZED LOSS 14512883 LIQUIDATING DISTRIBUTION TO THE SAROFIM 1941201968 FOUNDATION (FEIN: 37-2090276) 0 INVESTMENT EXPENSES 321906 321906 CURRENCY EXCHANGE LOSS 190270 190270 MEMBERSHIPS,DUES&SUBSCRIPTIONS 362 362 RECLAIM WRITE-OFF EXPENSE 361 361 BANKING EXPENSE 89 89 Income from Pass-Through -525079 PARTNERSHIP DISTRIBUTION TIMING DIFF 61568 NET LOSS FROM PASS-THROUGH 525079 PROFESSIONAL FEES 12500 12500 CONSULTING FEES 85582 85582 MISCELLANEOUS FEES 20 20 FOREIGN TAX PAID ON DIVIDENDS 113832 113832