MAYS FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MAYS FAMILY FOUNDATION (EIN 74-2691624)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202213199349105656
- Schema version
- 2021v4.2
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T13:39:05-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | 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 | 2021-01-01 | 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 | 2022-11-15 | 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 |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LISA SPRINGS | PreparerPersonNm |
| PTIN | P00574055 | PTIN |
| Phone | 2102289696 | PhoneNum |
| Preparation | 2022-11-15 | 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 | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $441,879,285 | 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 |
| Interest On Sav Rev And Expnss | $1,205,308 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,205,308 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $4,385,436 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,385,436 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $30,602,365 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $87,510,169 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $30,602,365 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $824,954 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $824,954 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $37,018,063 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $37,018,063 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $309,851 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $30,985 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $278,866 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $720 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $720 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $394,244 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $9,244 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $3,212 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $2,078,476 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,078,476 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,786,503 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,118,705 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $279,586 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $16,353,398 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $16,353,398 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $19,139,901 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,118,705 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $16,632,984 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $17,878,162 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $34,899,358 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $10,027,980 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,751,908 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,751,908 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $18,203 | AcctRcvblAmt |
| Acct Rcvbl EOY | $18,203 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $18,203 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $181,764,193 | CorporateStockBOYAmt |
| Corporate Stock EOY | $197,971,824 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $348,297,176 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $40,764,147 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $30,799,736 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $31,129,752 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $36,578,627 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $54,468,287 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $58,682,246 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $43,091 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $43,091 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,547 | LandBOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Total Assets BOY | $269,136,494 | TotalAssetsBOYAmt |
| Total Assets EOY | $287,009,958 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $441,879,285 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $4,693 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $4,693 | 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 | $268,483,043 | RetainedEarningBOYAmt |
| Retained Earning EOY | $286,361,200 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $269,131,801 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $287,009,958 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $269,136,494 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $287,009,958 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $269,131,801 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $17,878,162 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $287,009,963 | SubtotalAmt |
| Other Decreases | $5 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $287,009,958 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (34 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|---|
| BDT CAPITAL PARTNERS FUND 3 ST CAPITAL GAIN | P | 2021-12-31 | $60 | $60 | $60 | ||
| BDT CAPITAL PARTNERS FUND 3 LT CAPITAL GAIN | P | 2021-12-31 | $173,299 | $173,299 | $173,299 | ||
| BUILDGROUP LT CAPITAL GAIN | P | 2021-12-31 | $254,048 | $254,048 | $254,048 | ||
| DOMAIN TIMBER LT CAPITAL GAIN | P | 2021-12-31 | $208,527 | $208,527 | $208,527 | ||
| BOA19184 - ST CAPITAL GAIN | P | 2021-12-31 | $3,603,143 | -$39,366 | -$39,366 | $3,642,509 | |
| BOA19184 - ST CAPITAL GAIN - WASH SALE ADJ | P | 2021-12-31 | $9,826 | $9,826 | $9,826 | ||
| BOA19184 - LT CAPITAL GAIN | P | 2021-12-31 | $3,979,666 | $41,746 | $41,746 | $3,937,920 | |
| BOA19184 - LT CAPITAL GAIN - WASH SALE ADJ | P | 2021-12-31 | $5,587 | $5,587 | $5,587 | ||
| JPM 3001 - JPM SH DUR CORE PLUS | P | 2021-11-02 | $600,000 | -$4,294 | -$4,294 | $604,294 | 2021-08-25 |
| JPM 3001 - WASH SALE ADJ | P | 2021-11-02 | $119 | $119 | $119 | 2021-08-25 | |
| JPM 7002 - ST COV CAPITAL GAIN | P | 2021-12-31 | $3,209,751 | $13,373 | $13,373 | $3,196,378 | |
| JPM 7002 - LT COV CAPITAL GAIN | P | 2021-12-31 | $14,284,266 | $274,960 | $274,960 | $14,009,306 | |
| JPM 7009 - 26,210 SHS ISHARES RUSSELL 2000 ETF | P | 2021-04-30 | $6,001,189 | $3,981,179 | $3,981,179 | $2,020,010 | |
| JPM 7009 - 14,360 SHS SPDR S&P 500 ETF | P | 2021-04-30 | $5,999,954 | $2,747,489 | $2,747,489 | $3,252,465 | |
| PERSHING 4009 - 56,580 SHS SAFEGUARD SCIENTIFIC INC | P | 2021-01-29 | $377,283 | -$312,042 | -$312,042 | $689,325 | 2017-11-10 |
| PERSHING 4003 - LT COV CAPITAL GAINS | P | 2021-12-31 | $2,223,894 | $442,927 | $442,927 | $1,780,967 | |
| PERSHING 4003 - LT NONCOV CAPITAL GAINS | P | 2021-12-31 | $1,590,655 | $1,156,941 | $1,156,941 | $433,714 | |
| PERSHING 4029 - ST COV CAPITAL GAINS | P | 2021-12-31 | $7,855,835 | $1,028,284 | $1,028,284 | $6,827,551 | |
| PERSHING 4029 - ST WASH SALE ADJ | P | 2021-12-31 | $20,757 | $20,757 | $20,757 | ||
| PERSHING 4029 - LT COVERED CAPITAL GAINS | P | 2021-12-31 | $14,772,616 | $7,626,712 | $7,626,712 | $7,145,904 | |
| PERSHING 4029 - LT NONCOVERED CAPITAL GAINS | P | 2021-12-31 | $4,826,421 | $3,782,108 | $3,782,108 | $1,044,313 | |
| PERSHING 4060 - ST COV CAPITAL GAINS | P | 2021-12-31 | $551,183 | $239,885 | $239,885 | $311,298 | |
| PERSHING 4060 - LT COV CAPITAL GAINS | P | 2021-12-31 | $2,202,891 | $1,072,048 | $1,072,048 | $1,130,843 | |
| PERSHING 4060 - ESC DIAMOND RESORTS LIQ PROCEEDS | P | 2021-12-31 | $2,037 | $2,037 | $2,037 | ||
| PERSHING 4078 - ST COV CAPITAL GAINS | P | 2021-12-31 | $12,849 | $98 | $98 | $12,751 | |
| PERSHING 4078 - LT COV CAPITAL GAINS | P | 2021-12-31 | $1,183,945 | $708,559 | $708,559 | $475,386 | |
| PERSHING 4094 - 301 SHS DOLLAR TREE INC | P | 2021-11-01 | $33,416 | -$381 | -$381 | $33,797 | 2020-12-18 |
| PERSHING 4094 - LT COV CAPITAL GAINS | P | 2021-12-31 | $2,192,758 | $907,851 | $907,851 | $1,284,907 | |
| CASH IN LIEU | P | 2021-12-31 | $71 | $71 | $71 | ||
| CAPITAL GAIN DISTRIBUTIONS | P | 2021-12-31 | $1,614,733 | $1,614,733 | $1,614,733 | ||
| BBT MASTER FUND LIQUIDATING TRUST - LIQUIDATION GAIN | P | 2021-12-31 | $5,003 | $5,003 | $5,003 | ||
| SIERRA CAPITAL - LOSS ON DISPOSAL | P | 2021-12-31 | -$12,699 | -$12,699 | $12,699 | ||
| PERSHING 4003 - 1296 SHS HEXCEL CORP | P | 2021-01-28 | $58,247 | -$3,220 | -$3,220 | $61,467 | 2020-03-13 |
| COATUE OPPORTUNITY OFFSHORE FUND I LTD | P | 2021-03-18 | $9,656,140 | $4,656,140 | $4,656,140 | $5,000,000 | 2020-04-08 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $30,602,365 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $485,101 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $485,101 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $485,101 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $373,879 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $75,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $448,879 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $2,746 | EsPenaltyAmt |
| Tax Due | $38,968 | TaxDueAmt |
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 | 0 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| LOWRY MAYS | ||||||||
| 250 W NOTTINGHAM STE 400 | SAN ANTONIO | TX | 78209 | DIRECTOR/TREASURER | 1.00 | $0 | $0 | $0 |
| KATHRYN MAYS JOHNSON | ||||||||
| 250 W NOTTINGHAM STE 400 | SAN ANTONIO | TX | 78209 | DIRECTOR/PRESIDENT | 15.00 | $80,243 | $32,870 | $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 | $167,299 | CompensationAmt |
| Employee Benefits | $27,123 | 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 |
|---|---|---|---|---|---|
| JP MORGAN PRIVATE BANK | |||||
| 270 PARK AVE | NEW YORK | NY | 10017 | INVESTMENT MANAGEMENT | $948,891 |
| SENDERO WEALTH MANAGEMENT | |||||
| 250 W NOTTINGHAM STE 300 | SAN ANTONIO | TX | 78209 | INVESTMENT MANAGEMENT | $479,959 |
| EAGLE CAPITAL | |||||
| 499 PARK AVENUE 17TH FLOOR | NEW YORK | NY | 10022 | INVESTMENT MANAGEMENT | $229,507 |
| DSM CAPITAL | |||||
| 7111 FAIRWAY DRIVE STE 350 | PALM BEACH GARDENS | FL | 33418 | INVESTMENT MANAGEMENT | $133,358 |
| AVALON ADVISORS | |||||
| 755 E MULBERRY AVE STE 105 | SAN ANTONIO | TX | 78212 | INVESTMENT MANAGEMENT | $93,199 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 3 | 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 | $381,336,018 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $12,088,868 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $32,399,500 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $425,824,386 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $425,824,386 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,387,366 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $419,437,020 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $20,971,851 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $20,971,851 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $485,101 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $485,101 | TotalTaxAmt |
| Distributable Before Adj | $20,486,750 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $20,486,750 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $20,486,750 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $16,632,984 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $16,632,984 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $20,486,750 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $16,289,294 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $16,632,984 | QualifyingDistributionsAmt |
| Applied To Year1 | $16,289,294 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $343,690 | 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 | $20,143,060 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | LOWRY MAYS | ContributingManagerNm |
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 DR SUITE 400 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2108323305 | 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 | $16,353,398 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $16,353,398 | 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 | $1,205,308 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,385,436 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $824,954 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $30,602,365 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $37,018,063 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $37,018,063 | 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 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE | 2014-10-01 | $40,515 | $18,710 | 200DB | 7.000000000000 | $1,547 | $0 |
| COMPUTER AND PRINTER | 2014-09-17 | $911 | $455 | 200DB | 5.000000000000 | $0 | $0 |
| OFFICE FURNITURE | 2021-01-20 | $940 | 200DB | 7.000000000000 | $940 | $0 | |
| PRINTER | 2021-11-17 | $725 | 200DB | 5.000000000000 | $725 | $0 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | BROKERAGE ACCOUNT - 7002 | BondNm |
| EOY Book Value | $30,799,736 | EOYBookValueAmt |
| EOYFMV | $31,129,752 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BROKERAGE ACCOUNT - 4003 | $13,375,612 | $26,972,728 |
| BROKERAGE ACCOUNT - 4029 | $16,356,461 | $32,036,000 |
| BROKERAGE ACCOUNT - 4078 | $10,632,861 | $17,690,995 |
| BROKERAGE ACCOUNT - 4009 | $1,102,327 | $12,727,619 |
| BROKERAGE ACCOUNT - 4060 | $7,858,243 | $11,356,694 |
| BROKERAGE ACCOUNT - 4025 | $13,658,818 | $16,492,911 |
| BROKERAGE ACCOUNT - 4094 | $8,857,768 | $12,474,743 |
| BROKERAGE ACCOUNT - 4033 | $3,574,620 | $4,235,471 |
| BROKERAGE ACCOUNT - 4066 | $79,089,144 | $126,405,465 |
| BROKERAGE ACCOUNT - 7009 | $43,465,970 | $87,904,550 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DOMAIN TIMBER (TIMBERVEST PTRS) | FMV | $1,188,716 | $1,179,016 |
| TARGETED TECHNOLOGY FUND | FMV | $418,047 | $404,289 |
| BUILDGROUP | FMV | $2,997,934 | $3,680,754 |
| STEMONIX | AT COST | $102,153 | $102,153 |
| BROKERAGE ACCOUNT - 3001 | AT COST | $29,009,728 | $31,927,367 |
| BROKERAGE ACCOUNT - 19184 | FMV | $16,794,773 | $16,902,886 |
| BDT CAPITAL FUND 3 | FMV | $3,440,252 | $3,975,544 |
| BG BNFT PARALLEL FUND | FMV | $516,684 | $510,237 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| OFFICE FURNITURE | $40,515 | $40,515 | $0 |
| COMPUTER AND PRINTER | $911 | $911 | $0 |
| OFFICE FURNITURE | $940 | $940 | $0 |
| PRINTER | $725 | $725 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME - BOOK/TAX DIFFERENCES | Desc |
| Amt | $5 | 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 | $1,232,254 | $1,232,254 | $0 |
| OTHER INVESTMENT MANAGEMENT FEES | $846,222 | $846,222 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| DOMAIN TIMBER -PASSTHRU INCOME | -$32,838 | -$32,838 | -$32,838 |
| TARGETED TECHNOLOGY FUND | -$2,346 | -$2,346 | -$2,346 |
| SIERRA CAPITAL | -$301 | -$301 | -$301 |
| BUILDGROUP | -$110,315 | -$110,315 | -$110,315 |
| BG PARALLEL FUND | $36,914 | $36,914 | $36,914 |
| BBT LIQUIDATING TRUST | $1,030 | $1,030 | $1,030 |
| BBT CAPITAL PARTNERS FUND 3 | -$25,380 | -$25,380 | -$25,380 |
| SCULPTOR REAL ESTATE IV PRIVATE INVESTORS FUND | $36,101 | $36,101 | $36,101 |
| HPS CORE SENIOR LENDING FUND | $90,308 | $90,308 | $90,308 |
| CLARION PRIVATE INVESTORS | $10,118 | $10,118 | $10,118 |
| MISC OTHER INCOME | $10,817 | $10,817 | $10,817 |
| JPM FUNDS - TAXABLE DISTRIBUTIONS | $810,846 | $810,846 | $810,846 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FICA PAYABLE - CARES ACT | Desc |
| BOY Book Value | $4,693 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TECHNOLOGY SERVICES | CategoryTxt |
| Amt | $720 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $720 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $9,244 | $9,244 | $0 |
| 2020 EXTENSION PAYMENT | $195,000 | $0 | $0 |
| 2021 ESTIMATED TAX PAYMENTS | $190,000 | $0 | $0 |