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SILVERBOW RESOURCES CHARITABLE FUND: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
SILVERBOW RESOURCES CHARITABLE FUND (EIN 20-3402113)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-12
IRS object ID
202143169349103784
Schema version
2020v4.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-12T14:45:51-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11401 MCKINNEY SUITE 2400AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77010ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203402113EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SilverBow Resources Charitable FundBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% JEFFREY MAGIDSInCareOfNm
Business Name ControlSILVBusinessNameControlTxt
Phone2818742700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1920 Memorial City Way Suite 850AddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77024ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN P SCHMITTPersonNm
Person TitlePresidentPersonTitleTxt
Phone2818742700PhoneNum
Signature2021-11-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSTEPHEN PPersonFirstNm
Person LastSCHMITTPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJason MarquardtPreparerPersonNm
PTINP01598542PTIN
Phone7137501500PhoneNum
Preparation2021-11-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$25,846FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$89,749ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$89,749TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$101,072ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$101,072ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$101,072TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$101,072TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$11,323ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$37,169CashBOYAmt
Cash EOY$25,846CashEOYAmt
Cash EOYFMV$25,846CashEOYFMVAmt
Total Assets BOY$37,169TotalAssetsBOYAmt
Total Assets EOY$25,846TotalAssetsEOYAmt
Total Assets EOYFMV$25,846TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$37,169NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$25,846NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$37,169TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$25,846TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$37,169TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$25,846TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$37,169TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$11,323ExcessRevenueOverExpensesAmt
Subtotal$25,846SubtotalAmt
Tot Net Ast Or Fund Balances EOY$25,846TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Subtotal$0SubtotalAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$0TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressNAWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JEFFREY MAGIDSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2818742700PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1920 MEMORIAL CITY WAY SUITE 850AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77024ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Christopher M Abundis
920 Memorial City Way Suite 850HoustonTX77079CFO1.0$0$0$0
Stephen B Schmitt
920 Memorial City Way Suite 850HoustonTX77079President1.0$0$0$0
Steven W Adam
575 N Dairy Ashford Rd STE 1200HoustonTX77079Director1.0$0$0$0
Sean C Woolverton
575 N Dairy Ashford Rd STE 1200HoustonTX77079Director1.0$0$0$0
Anne E Foley
575 N Dairy Ashford Rd STE 1200HoustonTX77079Secretary1.0$0$0$0
Eric Schultz
575 N Dairy Ashford Rd STE 1200HoustonTX77079Controller1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1NONEDescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$27,758AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$27,758TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$27,758AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$416CashDeemedCharitableAmt
Net Vl Noncharitable Assets$27,342NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,367MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,367MinimumInvestmentReturnAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$1,367DistributableBeforeAdjAmt
Distributable Before Ded$1,367DistributableBeforeDedAmt
Distributable As Adjusted$1,367DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$101,072ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$101,072QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$101,072AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,367DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12018PriorYear1Yr
Prior Year22017PriorYear2Yr
Prior Year32016PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$3,614ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,279ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$82,874ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$0ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$68,941ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$156,708TotalExcessDistributionCyovAmt
Qualifying Distributions$101,072QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$1,367AppliedToCurrentYearAmt
Remaining Distri From Corpus$99,705RemainingDistriFromCorpusAmt
Total Corpus$256,413TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$3,614ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$252,799ExcessDistriCyovToNextYrAmt
Excess From Year4$1,279ExcessFromYear4Amt
Excess From Year3$82,874ExcessFromYear3Amt
Excess From Year2$0ExcessFromYear2Amt
Excess From Year1$68,941ExcessFromYear1Amt
Excess From Current Year$99,705ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Tilden Livestock Scholarship Assoc
PO Box 344TildenTX78072NONEPCNew Banner to be posted in the show barn.$950
Live Oak County Fair Assoc
3499 Hwy 281Geroge WestTX78022NONEPCLive Oak Country Fair Association to promote education and youth in agriculture.$3,000
Ronald McDonald House
1907 Holcombe BlvdHoustonTX77030NONEPCDonation in lieu of serving dinner$1,000
Headstrong Project Corp
PO Box 412572BostonMA02241NONEPCDonation to Headstrong Texas Campaign for care of veterans$2,500
Lanterns for Light Foundation
PO Box 842294HoustonTX77284NONEPCSupport Education and Meals$500
Kids Meals Inc
330 Garden OaksHoustonTX77018NONEPCProvided sack lunches for the organization and those it serves.$7,508
Houston Food Bank
535 Portwall StreetHoustonTX77029NONEPCEmergency Relief- Covid 19$5,000
Memorial Assistnace Minitries
1625 Blalock RoadHoustonTX77080NONEPCMemorial Assistance Ministries (MAM) Donation to support MAM's overall services and charitable initiatives$12,500
Three Rivers Fire Department
P O Box 41TildenTX78072NONEGOVPurchased and donated Microblaze System$4,000
Child Welfare Board (Fan Project)
207 E LeRoy StThree RiversTX78071NONEPCDonation to Child Welfare Board Fan Drive$1,300
The Center for Hearing and Speech
1417 Houston AvenueHoustonTX77007NONEPCSponsorship For Event$5,000
McMullen County ISD BBQ Assoc
P O Box 359TildenTX78072NONEPCDonation to help support MCISD BBQ Association$1,000
Houston Food Bank
535 Portwall StreetHoustonTX77029NONEPCSupport food bank in effort to feed the community$13,766
Coastal Bend Food Bank
826 Krill StreetCorpus ChristiTX78408NonePCSupport food bank in effort to feed the community$4,024
STX Food Bank
PO Box 2007LaredoTX78044NONEPCSupport food bank in effort to feed the community$4,024
George West Educational Foundation
PO Box 369George WestTX78022NONEPCEducational Donation$5,000
Live Oak McMullen County Child Welfare Board
207 E Le Roy StThree RiversTX78071NONEPCDonation to Space Heater Drive$1,000
BEAR A Resource for CPS Kids
PO Box 27701-501HoustonTX77226NONEPCDonation to Bearing Gifts$5,000
Ronald McDonald House
1907 Holcombe BlvdHoustonTX77030NONEPCDonation to Holiday Wish List$5,000
Bee County Toys for Tots
210 Monroe StBeevilleTX78102PCBee/McMullen County Toys for Tots Drive$5,000
172nd Battalion Military Support Group
18861 Katy FreewayHoustonTX77094NONEGOV172nd Brigade Engineering Battalion - School supplies for children of troops$2,500
172nd Battalion Military Support Group
14417 Wesheimer RoadHoustonTX77030NONEGOV172nd Battalion Engineering Battalion- Thanksgiving Turkeys for the troops$7,500
172nd Battalion Military Support Group
18861 Katy FreewayHoustonTX77094NONEGOV172nd Brigade Engineering Battalion- Christmas gifts for the troops$2,500
Ronald McDonald House
1907 Holcombe BlvdHoustonTX77030NONEPCDonation to provide for two hot meals for families$1,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$101,072TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Rev Part VII ProgramServiceRevPartVIIGrp

FieldValueIRS element (for citing)
DescNONEDesc
FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp
Div And Int From Sec Part VIIDivAndIntFromSecPartVIIGrp
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp
Subtotals Incm Producing ActySubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonSilverBow Resources IncContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1575 N DAIRY ASHFORD RD STE 1200AddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77079ZIPCd
FieldValueIRS element (for citing)
Total Contributions$89,749TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp

FieldValueIRS element (for citing)
DescNONEDesc

Depreciation Schedule DepreciationSchedule