ABE & ANNIE SEIBEL FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- ABE & ANNIE SEIBEL FOUNDATION (EIN 74-6035556)
- Tax period
- 2021-08-01 to 2022-07-31
- Filed
- 2022-12-12
- IRS object ID
- 202233469349100003
- Schema version
- 2021v4.0
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-12-12T08:49:31-05:00 | ReturnTs |
| Tax Period End | 2022-07-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 943426000 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYNCH & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3075 | AddressLine1Txt |
| City | TEXAS CITY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 775923075 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-08-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 746035556 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABE&ANNIE SEIBEL FOUNDATION G08110 | BusinessNameLine1Txt |
| Business Name Line2 | C/O FROST BANK | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ABE& | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2201 MARKET STREET 3RD FLOOR | AddressLine1Txt |
| City | GALVESTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77550 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FROST BANK | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 4097707100 | PhoneNum |
| Signature | 2022-12-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | FROST | PersonFirstNm |
| Person Last | BANK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LYNDEN W LYNCH JR | PreparerPersonNm |
| PTIN | P01083000 | PTIN |
| Phone | 4097634484 | PhoneNum |
| Preparation | 2022-11-30 | PreparationDt |
| 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 | $43,050,004 | 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 | $621,161 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $647,042 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$271,926 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,028,835 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $3,792,878 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,888 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,142,113 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $651,930 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $750,807 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $121,468 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $169,205 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,500 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $27,158 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $681 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $6,532 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,343 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $961 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $793,497 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $127,992 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $174,666 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,917,605 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,917,605 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,711,102 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $127,992 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,092,271 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,568,989 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $523,938 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,387,863 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,228,950 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,228,950 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $22,518,948 | AcctRcvblAmt |
| Acct Rcvbl Allwnc Dbtfl Acct | $22,518,948 | AcctRcvblAllwncDbtflAcctAmt |
| Prepaid Expenses BOY | $13,600 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $26,400 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $26,400 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $21,206,925 | CorporateStockBOYAmt |
| Corporate Stock EOY | $28,293,479 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $39,771,740 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $7,509,430 | CorporateBondsBOYAmt |
| Land Bldg Equip Cost Or Other Bss | $560 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $560 | LandBOYAmt |
| Land EOY | $560 | LandEOYAmt |
| Land EOYFMV | $1,320 | LandEOYFMVAmt |
| Other Assets BOY | $22 | OtherAssetsBOYAmt |
| Other Assets EOY | $22 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $21,594 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $34,118,400 | TotalAssetsBOYAmt |
| Total Assets EOY | $31,549,411 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $43,050,004 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $34,118,400 | RetainedEarningBOYAmt |
| Retained Earning EOY | $31,549,411 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $34,118,400 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $31,549,411 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $34,118,400 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $31,549,411 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $34,118,400 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,568,989 | ExcessRevenueOverExpensesAmt |
| Subtotal | $31,549,411 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $31,549,411 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (59 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| ACTIVISION BLIZZARD INC | P | 2021-09-10 | 2022-01-14 | $5,618 | $7,017 | -$1,399 | -$1,399 |
| CARNIVAL CORP | P | 2018-03-13 | 2022-06-15 | $1,903 | $13,166 | -$11,263 | -$11,263 |
| KANSAS CITY SOUTHERN | P | 2018-12-13 | 2021-10-25 | $55,007 | $17,589 | $37,418 | $37,418 |
| SHELL INTL | P | 2016-07-21 | 2021-12-22 | $261,008 | $254,757 | $6,251 | $6,251 |
| ACTIVISION BLIZZARD INC | P | 2020-04-07 | 2022-01-14 | $120,278 | $113,984 | $6,294 | $6,294 |
| CARNIVAL CORP | P | 2018-07-03 | 2022-06-15 | $20,459 | $118,025 | -$97,566 | -$97,566 |
| NETFLIX INC | P | 2018-12-13 | 2022-06-17 | $31,026 | $47,900 | -$16,874 | -$16,874 |
| SNAP | P | 2021-09-10 | 2022-05-26 | $896 | $4,543 | -$3,647 | -$3,647 |
| AUTODESK INC | P | 2021-09-10 | 2022-02-24 | $2,300 | $3,135 | -$835 | -$835 |
| CARNIVAL CORP | P | 2018-10-03 | 2022-06-15 | $9,890 | $63,438 | -$53,548 | -$53,548 |
| NETFLIX INC | P | 2017-01-18 | 2022-06-17 | $26,593 | $19,778 | $6,815 | $6,815 |
| SNAP | P | 2021-06-03 | 2022-05-26 | $39,568 | $163,896 | -$124,328 | -$124,328 |
| AUTODESK INC | P | 2019-01-02 | 2022-02-24 | $5,646 | $3,473 | $2,173 | $2,173 |
| CARNIVAL CORP | P | 2016-12-05 | 2022-06-15 | $19,888 | $105,446 | -$85,558 | -$85,558 |
| NETFLIX INC | P | 2016-12-05 | 2022-06-17 | $9,219 | $6,239 | $2,980 | $2,980 |
| BLOCK INC | P | 2021-06-17 | 2022-06-17 | $22,468 | $90,211 | -$67,743 | -$67,743 |
| AUTODESK INC | P | 2018-02-26 | 2022-02-24 | $23,838 | $13,250 | $10,588 | $10,588 |
| FNF GROUP TRACKING | P | 2016-12-05 | 2022-04-18 | $52,222 | $28,740 | $23,482 | $23,482 |
| NETFLIX INC | P | 2019-08-13 | 2022-06-17 | $17,729 | $31,121 | -$13,392 | -$13,392 |
| BLOCK INC | P | 2021-09-10 | 2022-06-17 | $650 | $2,731 | -$2,081 | -$2,081 |
| AUTODESK INC | P | 2018-07-03 | 2022-02-24 | $23,838 | $15,091 | $8,747 | $8,747 |
| FNF GROUP TRACKING | P | 2017-01-18 | 2022-04-18 | $8,423 | $5,029 | $3,394 | $3,394 |
| NETFLIX INC | P | 2021-09-10 | 2022-06-17 | $2,837 | $9,587 | -$6,750 | -$6,750 |
| STATE STREET | P | 2020-06-19 | 2022-06-15 | $293,657 | $286,639 | $7,018 | $7,018 |
| AUTODESK INC | P | 2019-08-13 | 2022-02-24 | $33,248 | $24,218 | $9,030 | $9,030 |
| FNF GROUP TRACKING | P | 2017-02-15 | 2022-04-18 | $4,211 | $2,726 | $1,485 | $1,485 |
| PVH CORP | P | 2019-08-13 | 2022-05-13 | $115,314 | $125,344 | -$10,030 | -$10,030 |
| STATE STREET | P | 2021-09-10 | 2022-06-15 | $9,003 | $12,229 | -$3,226 | -$3,226 |
| BERKSHIRE HATHAWAY | P | 2016-09-06 | 2022-05-15 | $250,000 | $250,000 | ||
| FNF GROUP TRACKING | P | 2017-02-22 | 2022-04-18 | $4,211 | $2,768 | $1,443 | $1,443 |
| PVH CORP | P | 2021-09-10 | 2022-05-13 | $3,593 | $5,799 | -$2,206 | -$2,206 |
| TWILIO | P | 2020-11-23 | 2022-06-17 | $30,085 | $107,063 | -$76,978 | -$76,978 |
| BOEING | P | 2016-07-21 | 2022-01-03 | $254,263 | $253,103 | $1,160 | $1,160 |
| FNF GROUP TRACKING | P | 2017-10-03 | 2022-04-18 | $94,968 | $78,102 | $16,866 | $16,866 |
| PVH CORP | P | 2020-02-04 | 2022-05-13 | $15,185 | $19,812 | -$4,627 | -$4,627 |
| TWILIO | P | 2021-09-10 | 2022-06-17 | $922 | $3,772 | -$2,850 | -$2,850 |
| CARNIVAL CORP | P | 2017-01-18 | 2022-06-15 | $1,479 | $8,043 | -$6,564 | -$6,564 |
| FNF GROUP TRACKING | P | 2018-03-13 | 2022-04-18 | $25,185 | $23,328 | $1,857 | $1,857 |
| PININTEREST | P | 2021-09-10 | 2021-12-29 | $1,043 | $1,578 | -$535 | -$535 |
| VERIZON | P | 2018-02-26 | 2021-08-03 | $83,702 | $73,421 | $10,281 | $10,281 |
| CARNIVAL CORP | P | 2019-08-13 | 2022-06-15 | $9,150 | $42,359 | -$33,209 | -$33,209 |
| FNF GROUP TRACKING | P | 2018-07-03 | 2022-04-18 | $6,401 | $5,731 | $670 | $670 |
| PROGRESSIVE CORP | P | 2020-02-04 | 2022-05-25 | $76,565 | $53,925 | $22,640 | $22,640 |
| VERIZON | P | 2019-04-23 | 2021-08-03 | $1,225 | $1,258 | -$33 | -$33 |
| CARNIVAL CORP | P | 2020-02-04 | 2022-06-15 | $11,625 | $52,059 | -$40,434 | -$40,434 |
| FNF GROUP TRACKING | P | 2019-04-16 | 2022-04-18 | $98,169 | $91,180 | $6,989 | $6,989 |
| ROBERT HALF INTL | P | 2021-06-03 | 2022-06-15 | $164,915 | $170,537 | -$5,622 | -$5,622 |
| VERIZON | P | 2018-03-13 | 2021-08-03 | $88,825 | $78,408 | $10,417 | $10,417 |
| CARNIVAL CORP | P | 2021-09-10 | 2022-06-15 | $2,051 | $4,797 | -$2,746 | -$2,746 |
| KANSAS CITY SOUTHERN | P | 2016-12-05 | 2021-10-25 | $260,829 | $74,111 | $186,718 | $186,718 |
| ROBERT HALF INTL | P | 2021-09-10 | 2022-06-03 | $7,469 | $8,831 | -$1,362 | -$1,362 |
| VERIZON | P | 2020-02-04 | 2021-08-03 | $89,995 | $93,882 | -$3,887 | -$3,887 |
| CARNIVAL CORP | P | 2017-02-15 | 2022-06-15 | $1,972 | $11,152 | -$9,180 | -$9,180 |
| KANSAS CITY SOUTHERN | P | 2017-11-08 | 2021-10-25 | $30,224 | $10,516 | $19,708 | $19,708 |
| ROBERT HALF INTL | P | 2021-06-03 | 2022-05-25 | $85,645 | $92,947 | -$7,302 | -$7,302 |
| VERIZON | P | 2018-07-03 | 2021-08-03 | $65,603 | $59,828 | $5,775 | $5,775 |
| CARNIVAL CORP | P | 2017-02-22 | 2022-06-15 | $1,972 | $11,022 | -$9,050 | -$9,050 |
| KANSAS CITY SOUTHERN | P | 2018-02-26 | 2021-10-25 | $30,828 | $11,111 | $19,717 | $19,717 |
| ROKU | P | 2021-09-10 | 2022-03-04 | $1,108 | $2,964 | -$1,856 | -$1,856 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$271,893 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$228,866 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,283 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,283 | SubtotalAmt |
| Tax Based On Investment Income | $7,283 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $26,400 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $26,400 | TotalPaymentsAndCreditsAmt |
| Overpayment | $19,117 | OverpaymentAmt |
| Applied To ES Tax | $19,117 | 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 |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.FROSTBANK.COM | WebsiteAddressTxt |
| Individual With Books | FROST NATIONAL BANK | IndividualWithBooksNm |
| Phone | 4097631151 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2201 MARKET ST | AddressLine1Txt |
| Address Line2 | 3RD FLOOR | AddressLine2Txt |
| City | GALVESTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77550 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 |
| 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 | Business Name Line2BusinessName/BusinessNameLine2Txt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|
| MATTHEW DAVID COHEN | ||||||||||
| P O BOX 8060 | GALVESTON | TX | 77553 | DIRECTOR | 000.00 | $2,500 | $0 | $0 | ||
| MARC ANDREW WEISS | ||||||||||
| 513 22ND STREET 1 | GALVESTON | TX | 77550 | DIRECTOR | 000.00 | $2,500 | $0 | $0 | ||
| FROST BANK | ||||||||||
| 1700 POST OAK BLVD | HOUSTON | TX | 770563974 | TRUSTEE | 000.00 | $745,807 | $0 | $0 | ATTN LINDSAY GLOVER | SUITE 400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | STUDENT LOANS TO TEXAS RESIDENTS | Description1Txt |
| Expenses1 | $174,666 | Expenses1Amt |
| Description2 | GRANT TO ANGELO STATE UNIVERSITY | Description2Txt |
| Description3 | GRANT TO TEXAS A&M GALVESTON | Description3Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $43,275,343 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,324,872 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $18,811 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $47,619,026 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $47,619,026 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $714,285 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $46,904,741 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,345,237 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,345,237 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,283 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,283 | TotalTaxAmt |
| Distributable Before Adj | $2,337,954 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $3,787,990 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $6,125,944 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $6,125,944 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,092,271 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $6,092,271 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,125,944 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $5,911,605 | UndistributedIncomePYAmt |
| Qualifying Distributions | $6,092,271 | QualifyingDistributionsAmt |
| Applied To Year1 | $5,911,605 | AppliedToYear1Amt |
| Applied To Current Year | $180,666 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $5,945,278 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | FROST BANK | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 8210 | AddressLine1Txt |
| City | GALVESTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77553 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4097705665 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATION FORMS AVAILABLE ON REQUEST | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | FEBRUARY 28 | SubmissionDeadlinesTxt |
| Restrictions On Awards | TEXAS RESIDENTS ENROLLED IN UNDERGRADUATE PROGRAMS AT TEXAS COLLEGES | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Recipient RelationshipRecipientRelationshipTxt |
|---|---|---|---|---|---|---|---|
| STUDENTS - SCH ATTACHED | |||||||
| VARIOUS | VARIOUS | TX | 77550 | PAID | EDUCATIONAL | $3,030,000 | |
| ANGELO STATE UNIVERSITY | |||||||
| 2601 W AVENUE N | SAN ANGELO | TX | 76909 | EDUCATIONAL | $1,232,080 | ||
| TEXAS AM GALVESTON | |||||||
| PELICAN ISLAND | GALVESTON | TX | 77550 | EDUCATIONAL | $1,655,525 | LOCAL UNIVERSIT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,917,605 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $621,161 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $4,888 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$271,893 | ExclusionAmt |
| Related Or Exempt Function Incm | -$33 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRINCIPAL RECEIVED | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,787,990 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $4,142,146 | ExclusionAmt |
| Related Or Exempt Function Incm | -$33 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,142,113 | 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 | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $9,000 | Amt |
| Net Investment Income | $4,500 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,500 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | VERIZON | AssetDesc |
| Acquired | 2019-08 | AcquiredDt |
| How Acquired | PURCHASE | HowAcquiredTxt |
| Sold | 2021-08 | SoldDt |
| Gross Sales Price | $8,019 | GrossSalesPriceAmt |
| Basis | $8,052 | BasisAmt |
| Total Net | -$33 | TotalNetAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| STOCKS AND BONDS | $28,293,479 | $39,771,740 |
| RECEIVABLE ON UNSETTLED TRADE |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | LIBERTY CO, TX - 1 ACRE | CategoryOrItemTxt |
| Cost Or Other Basis | $560 | CostOrOtherBasisAmt |
| Book Value | $560 | BookValueAmt |
| EOYFMV | $1,320 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MINERALS | Desc |
| BOY Book Value | $22 | BOYBookValueAmt |
| EOY Book Value | $22 | EOYBookValueAmt |
| EOYFMV | $21,594 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| PRINTING COSTS | |||
| TRUSTEE LIABILITY INS | $4,228 | ||
| ADR FEES | $306 | $306 | |
| ROYALTY EXPENSES | $1,037 | $1,037 | |
| LEGAL FEE | $961 | $961 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ROYALTY | $4,888 | $4,888 |
| PRINCIPAL RECEIVED | $3,787,990 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX | $635 | $635 |
| EXCISE TAX | $26,477 | |
| AD VALOREM TAX | $46 | $46 |