BEAL FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- BEAL FOUNDATION (EIN 75-6034480)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202143199349102659
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other 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 | 2021-11-15T09:59:34-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 204071508 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUCKNER & TILLEY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 705 N LORAINE ST | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 756034480 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEAL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BEAL | BusinessNameControlTxt |
| Phone | 4325714960 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 104 S PECOS | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK LOWE | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 4325714960 | PhoneNum |
| Signature | 2021-11-11 | 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 | LOWE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA A BUCKNER | PreparerPersonNm |
| PTIN | P01201396 | PTIN |
| Phone | 4326875577 | PhoneNum |
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 | 2020 | 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 | $69,593,154 | 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 | $189,670 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $177,141 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $613,357 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $613,357 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,051,215 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $20,786,224 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,051,215 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4,126,559 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,126,559 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,980,801 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,968,272 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,055 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,541 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,514 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $500,497 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $375,373 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $125,124 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $402,950 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $330,917 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $59,450 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $59,450 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $103,562 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $42,695 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $161 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,080,514 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $818,976 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $128,799 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,546,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,546,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,627,014 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $818,976 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,675,299 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $353,787 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,149,296 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $3 | CashEOYAmt |
| Cash EOYFMV | $3 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,950,663 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,388,839 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,388,839 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $37,765,450 | CorporateStockBOYAmt |
| Corporate Stock EOY | $35,231,327 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $48,106,131 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $509,181 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $509,181 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,650,123 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,590,673 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $15,589,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $42,366,236 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,720,023 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $69,593,154 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $42,366,236 | RetainedEarningBOYAmt |
| Retained Earning EOY | $42,720,023 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $42,366,236 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $42,720,023 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $42,366,236 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $42,720,023 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $42,366,236 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $353,787 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $42,720,023 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $42,720,023 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (49 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| RBC MANAGED ACCOUNT 65 | P | $72,033 | $47,985 | $24,048 | $24,048 |
| RBC MANAGED ACCOUNT 65 | P | $635,808 | $353,542 | $282,266 | $282,266 |
| RBC MANAGED ACCOUNT 74 | P | $239,373 | $285,323 | -$45,950 | -$45,950 |
| RBC MANAGED ACCOUNT 74 | P | $532,852 | $590,618 | -$57,766 | -$57,766 |
| RBC MANAGED ACCOUNT 07 | P | $162,691 | $155,662 | $7,029 | $7,029 |
| RBC MANAGED ACCOUNT 07 | P | $765,413 | $486,977 | $278,436 | $278,436 |
| RBC MANAGED ACCOUNT 08 | P | $568,516 | $624,973 | -$56,457 | -$56,457 |
| RBC MANAGED ACCOUNT 08 | P | $2,352,716 | $2,297,330 | $55,386 | $55,386 |
| RBC MANAGED ACCOUNT 23 | P | $471,792 | $466,916 | $4,876 | $4,876 |
| RBC MANAGED ACCOUNT 23 | P | $1,368,930 | $1,301,951 | $66,979 | $66,979 |
| RBC MANAGED ACCOUNT 63 | P | $836,841 | $646,979 | $189,862 | $189,862 |
| RBC MANAGED ACCOUNT 63 | P | $1,809,444 | $997,154 | $812,290 | $812,290 |
| RBC MANAGED ACCOUNT 69 | P | $430,355 | $476,087 | -$45,732 | -$45,732 |
| RBC MANAGED ACCOUNT 69 | P | $600,427 | $626,422 | -$25,995 | -$25,995 |
| RBC MANAGED ACCOUNT 03 | P | $9,260 | $9,097 | $163 | $163 |
| RBC MANAGED ACCOUNT 03 | P | $396,961 | $328,051 | $68,910 | $68,910 |
| RBC MANAGED ACCOUNT 08 | P | $2,449,763 | $2,218,394 | $231,369 | $231,369 |
| RBC MANAGED ACCOUNT 08 | P | $3,872,624 | $4,798,774 | -$926,150 | -$926,150 |
| RBC MANAGED ACCOUNT 32 | P | $256 | $256 | $256 | |
| RBC MANAGED ACCOUNT 42 | P | $145,330 | $181,497 | -$36,167 | -$36,167 |
| RBC MANAGED ACCOUNT 42 | P | $495,235 | $566,808 | -$71,573 | -$71,573 |
| RBC MANAGED ACCOUNT 57 | P | $38,117 | $34,221 | $3,896 | $3,896 |
| RBC MANAGED ACCOUNT 57 | P | $135,566 | $129,540 | $6,026 | $6,026 |
| RBC MANAGED ACCOUNT 60 | P | $90,921 | $73,687 | $17,234 | $17,234 |
| RBC MANAGED ACCOUNT 60 | P | $312,621 | $178,993 | $133,628 | $133,628 |
| RBC MANAGED ACCOUNT 71 | P | $592 | $494 | $98 | $98 |
| RBC MANAGED ACCOUNT 71 | P | $26,055 | $22,221 | $3,834 | $3,834 |
| RBC MANAGED ACCOUNT 72 | P | $15,221 | $15,792 | -$571 | -$571 |
| RBC MANAGED ACCOUNT 72 | P | $39,565 | $38,687 | $878 | $878 |
| RBC MANAGED ACCOUNT 73 | P | $36,666 | $26,326 | $10,340 | $10,340 |
| RBC MANAGED ACCOUNT 73 | P | $66,299 | $43,614 | $22,685 | $22,685 |
| RBC MANAGED ACCOUNT 77 | P | $13,581 | $14,686 | -$1,105 | -$1,105 |
| RBC MANAGED ACCOUNT 77 | P | $23,341 | $24,466 | -$1,125 | -$1,125 |
| RBC MANAGED ACCOUNT 79 | P | $6,912 | $5,111 | $1,801 | $1,801 |
| RBC MANAGED ACCOUNT 79 | P | $47,136 | $30,597 | $16,539 | $16,539 |
| RBC MANAGED ACCOUNT 80 | P | $8,478 | $9,273 | -$795 | -$795 |
| RBC MANAGED ACCOUNT 80 | P | $24,299 | $26,989 | -$2,690 | -$2,690 |
| RBC MANAGED ACCOUNT 84 | P | $95,963 | $95,372 | $591 | $591 |
| RBC MANAGED ACCOUNT 84 | P | $137,262 | $128,738 | $8,524 | $8,524 |
| RBC MANAGED ACCOUNT 60 | P | $96,099 | $94,217 | $1,882 | $1,882 |
| RBC MANAGED ACCOUNT 60 | P | $220,353 | $218,335 | $2,018 | $2,018 |
| RBC MANAGED ACCOUNT 16 | P | $109,356 | $103,014 | $6,342 | $6,342 |
| RBC MANAGED ACCOUNT 16 | P | $257,532 | $261,241 | -$3,709 | -$3,709 |
| RBC MANAGED ACCOUNT 79 | P | $230,075 | $161,946 | $68,129 | $68,129 |
| RBC MANAGED ACCOUNT 86 | P | $194,146 | $186,009 | $8,137 | $8,137 |
| RBC MANAGED ACCOUNT 86 | P | $4,124 | -$4,124 | -$4,124 | |
| RBC MANAGED ACCOUNT 25 | P | $222,015 | $232,334 | -$10,319 | -$10,319 |
| RBC MANAGED ACCOUNT 25 | P | $102,844 | $114,442 | -$11,598 | -$11,598 |
| CAPITAL GAINS DIVIDENDS | P | $18,589 | $18,589 | $18,589 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,051,215 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $71,575 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $71,575 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $71,575 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $65,575 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $27,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $92,575 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $21,000 | OverpaymentAmt |
| Applied To ES Tax | $21,000 | 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 | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | MR MARK LOWE PROSPERITY BANK | IndividualWithBooksNm |
| Phone | 4325714960 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 509 W WALL ST | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79701 | 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 (11 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 |
|---|---|---|---|---|---|---|---|---|
| SPENCER BEAL | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| KELLY BEAL | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| BARRY BEAL JR | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| STUART BEAL | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| STEVE SCHORR | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| ELIZABETH BEAL DAVENPORT | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | CHAIRMAN | 0.00 | $0 | $0 | $0 |
| MARK LOWE CO PROSPERITY BANK | ||||||||
| 509 W WALL ST | MIDLAND | TX | 79701 | SECRETARY/TREASURER | 0.00 | $0 | $0 | $0 |
| KARLENE BEAL GARBER | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| STEVE HOFER CO COTTON BLEDSOE | ||||||||
| PO BOX 50174 | MIDLAND | TX | 79710 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| STEPHEN BEAL | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| LAURA BUCKNER | ||||||||
| 705 N LORAINE ST | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $44,675,977 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,316,419 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $15,589,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $63,581,396 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $63,581,396 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $953,721 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $62,627,675 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,131,384 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,131,384 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $71,575 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $71,575 | TotalTaxAmt |
| Distributable Before Adj | $3,059,809 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,059,809 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,059,809 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,675,299 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,675,299 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $4,675,299 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,059,809 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,113,475 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $914,612 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,100,356 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,921,622 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,695,823 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $9,745,888 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,675,299 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,059,809 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,615,490 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $11,361,378 | 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 | $1,113,475 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $10,247,903 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $914,612 | ExcessFromYear4Amt |
| Excess From Year3 | $1,100,356 | ExcessFromYear3Amt |
| Excess From Year2 | $3,921,622 | ExcessFromYear2Amt |
| Excess From Year1 | $2,695,823 | ExcessFromYear1Amt |
| Excess From Current Year | $1,615,490 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SPENCER E BEAL | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 104 S PECOS | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4326823753 | RecipientPhoneNum |
| Form And Info And Materials | THE BEAL FOUNDATION HAS APPLICATION FORMS WHICH MAY BE OBTAINED FROM MR. BEAL. INFORMATION REQUIRED IS DETAILED IN THE APPLICATION FORM INSTRUCTIONS. REPEAT RECIPIENTS MUST SUBMIT THEIR APPLICATIONS TWO WEEKS PRIOR TO THE SEMI-ANNUAL TRUSTEE MEETINGS HELD ON APRIL 1 AND NOVEMBER 1. FIRST TIME APPLICANTS MUST SUBMIT THEIR APPLICATIONS FOUR WEEKS PRIOR. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | FOUR WEEKS PRIOR TO APRIL 1 AND NOVEMBER 1 FOR NEW APPLICANTS. | SubmissionDeadlinesTxt |
| Restrictions On Awards | NO RESTRICTIONS ON GRANTS; HOWEVER, THE BEAL FOUNDATION GIVES FIRST CONSIDERATION TO CHARITABLE ORGANIZATIONS WITHIN THE MIDLAND, TEXAS AREA. GRANTS ARE BASED ON NEED AND AVAILABILITY OF FUNDS WITHIN THE FOUNDATION. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (91 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ABILENE BALLET THEATRE | ||||||
| 1265 N 2ND | ABILENE | TX | 79601 | PC | OPERATING FUNDS | $10,000 |
| AGAPE COUNSELING SERVICES OF WEST TEXAS | ||||||
| 3500 NORTH A STREET SUITE 2400 | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $45,000 |
| AMERICAN DIABETES ASSOCIATION | ||||||
| 8008 SLIDE RD 12A | LUBBOCK | TX | 79242 | PC | OPERATING FUNDS | $20,000 |
| APHASIA CENTER OF WEST TEXAS INC | ||||||
| 5214 THOMASON DR | MIDLAND | TX | 79703 | PC | OPERATING FUNDS | $15,000 |
| ASPEN COUNTRY DAY SCHOOL | ||||||
| 85 COUNTRY DAY WAY | ASPEN | CO | 81611 | PC | OPERATING FUNDS | $15,000 |
| ASPEN VALLEY HOSPITAL FOUNDATION | ||||||
| 401 CASTLE CREEK RD | ASPEN | CO | 81611 | PC | OPERATING FUNDS | $15,000 |
| BIG BROTHERS BIG SISTERS OF MIDLAND INC | ||||||
| 714 W LOUISIANA AVE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $25,000 |
| BIG COUNTRY HOME EDUCATORS | ||||||
| PO BOX 6861 | ABILENE | TX | 79608 | PC | OPERATING FUNDS | $20,000 |
| BOYS & GIRLS CLUB OF MIDLAND | ||||||
| PO BOX 284 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $15,000 |
| BRONTE INDEPENDENT SCHOOL DISTRICT | ||||||
| 210 JEFFERSON STREET | BRONTE | TX | 76933 | PC | OPERATING FUNDS | $20,000 |
| BUCKNER CHILDREN AND FAMILY SERVICES | ||||||
| 425 W PECAN ST | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $20,000 |
| BYNUM SCHOOL | ||||||
| PO BOX 80175 | MIDLAND | TX | 79708 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $40,000 |
| CASA DE AMIGOS OF MIDLAND | ||||||
| 1101 E GARDEN LANE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $18,000 |
| CASA OF WEST TEXAS | ||||||
| 1611 W TEXAS AVE | MIDLAND | TX | 79701 | PC | CAPITAL FUNDS | $50,000 |
| CENTERS FOR CHILDREN AND FAMILIES | ||||||
| 3701 ANDREWS HWY | MIDLAND | TX | 79703 | PC | OPERATING FUNDS | $31,000 |
| CHRIST CHURCH ANGLICAN | ||||||
| 5501 N MIDKIFF RD | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $150,000 |
| CHRISTMAS IN ACTION MIDLAND | ||||||
| PO BOX 3744 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $14,000 |
| COM AQUATICS INC | ||||||
| 3003 N A ST | MIDLAND | TX | 79705 | PC | CAPITAL FUNDS | $10,000 |
| COMMUNITIES IN SCHOOLS OF THE PERMIAN BASIN | ||||||
| PO BOX 10532 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $30,000 |
| COMMUNITY BIBLE STUDY | ||||||
| 790 STOUT RD | COLORADO SPRINGS | CO | 80921 | PC | OPERATING FUNDS | $3,000 |
| COMMUNITY CHILDREN'S CLINIC | ||||||
| PO BOX 3328 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $20,000 |
| CRIME STOPPERS OF MIDLAND INC | ||||||
| PO BOX 1882 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $9,000 |
| EAST WEST MINISTRIES | ||||||
| 2001 W PLANO PKWY STE 3000 | PLANO | TX | 75075 | PC | OPERATING FUNDS | $10,000 |
| EDUCATE MIDLAND | ||||||
| 3500 NORTH A STREET STE 2700 | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $10,000 |
| EMMANUEL CHAPEL | ||||||
| P O BOX 301 | SOUTH FORK | CO | 81154 | PC | OPERATING FUNDS | $10,000 |
| FAIR HAVENS | ||||||
| 2400 WHITMIRE BLVD STE 100 | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $10,000 |
| FAMILY PROMISE OF MIDLAND | ||||||
| 3500 NORTH A STREET | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $35,000 |
| FELLOWSHIP OF CHRISTIAN ATHLETES | ||||||
| 3500 NORTH A STREET STE 2600 | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $20,000 |
| FIRST PRESBYTERIAN CHURCH MIDLAND | ||||||
| 800 W TEXAS AVE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $346,000 |
| FOCUS ON THE FAMILY | ||||||
| 8605 EXPLORER DRIVE | COLORADO SPRINGS | CO | 80902 | PC | OPERATING FUNDS | $10,000 |
| FORT CHADBOURNE FOUNDATION | ||||||
| 651 FORT CHADBOURNE ROAD | BRONTE | TX | 76933 | PC | OPERATING FUNDS | $10,000 |
| FREE WHEELCHAIR MISSION | ||||||
| PO BOX 52001 DEPT 921 | PHOENIX | AZ | 85072 | PC | OPERATING FUNDS | $6,000 |
| GLADNEY CENTER FOR ADOPTION | ||||||
| 410 W OHIO AVE STE 203 | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $5,000 |
| HELPING HANDS OF MIDLAND CO ST STEPHENS | ||||||
| 4601 NEELY AVE | MIDLAND | TX | 79707 | PC | OPERATING FUNDS | $30,000 |
| HERITAGE SCHOOL | ||||||
| 310 SMOKEHOUSE RD | FREDERICKSBURG | TX | 78624 | PC | OPERATING FUNDS | $10,000 |
| HIGH SKY CHILDREN'S RANCH | ||||||
| 8613 WEST COUNTRY ROAD 60 | MIDLAND | TX | 79707 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $130,000 |
| HILLCREST SCHOOL | ||||||
| 2800 N A ST | MIDLAND | TX | 79705 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $30,000 |
| HOSPICE OF MIDLAND | ||||||
| 911 W TEXAS AVE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $10,000 |
| HOUSTON METHODIST HOSPITAL FOUNDATION | ||||||
| PO BOX 4384 | HOUSTON | TX | 77210 | PC | OPERATING FUNDS | $10,000 |
| KBC MINISTRIES | ||||||
| 16010 UNIVERSITY OAKS SUITE 104 | SAN ANTONIO | TX | 78249 | PC | OPERATING FUNDS | $5,000 |
| MANNA HOUSE | ||||||
| 1238 FM 359 NORTH | BROOKSHIRE | TX | 77423 | PC | OPERATING EXPENSES | $25,000 |
| MANOR PARKINC | ||||||
| 2208 NORTH LOOP 250 WEST | MIDLAND | TX | 79705 | PC | CAPITAL FUNDS | $90,000 |
| MARC INC | ||||||
| 2701 NORTH A ST | MIDLAND | TX | 79705 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $104,000 |
| MIDLAND CHILDREN'S REHABILITATION CENTER | ||||||
| 802 VENTURA | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $165,000 |
| MIDLAND COLLEGE | ||||||
| 3600 N GARFIELD ST | MIDLAND | TX | 79705 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $20,000 |
| MIDLAND COMMUNITY THEATRE INC | ||||||
| 2000 W WADLEY | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $15,000 |
| MIDLAND COUNTY PUBLIC LIBRARY FOUNDATION | ||||||
| 301 W MISSOURI AVE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $15,000 |
| MIDLAND HABITAT FOR HUMANITY | ||||||
| PO BOX 2555 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $12,000 |
| MIDLAND ISD EDUCATION FOUNDATION | ||||||
| PO BOX 73 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $15,000 |
| MIDLAND MEMORIAL FOUNDATION | ||||||
| 400 ROSALIND REDFERN GROVER PARKWAY | MIDLAND | TX | 79701 | PC | CAPITAL FUNDS | $1,385,000 |
| MIDLAND RAPE CRISIS CENTER & CAC | ||||||
| PO BOX 10081 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $40,000 |
| MISSION AGAPE | ||||||
| PO BOX 3419 | MIDLAND | TX | 79702 | PC | OPERATING EXPENSES | $15,000 |
| MISSION HEALTH CARE INC | ||||||
| 3500 NORTH A STREET SUITE 1300 | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $25,000 |
| MISSION MESSIAH | ||||||
| 1213 W 2ND STREET | ODESSA | TX | 79762 | PC | OPERATING FUNDS | $2,000 |
| MUSCULAR DISTROPHY ASSOCIATION | ||||||
| 600 N MARIENFELD ST SUITE 840 | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $10,000 |
| MUSEUM OF THE SOUTHWEST | ||||||
| 1705 W MISSOURI AVE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $45,000 |
| ODESSA CHRISTMAS IN ACTION INC | ||||||
| PO BOX 15075 | ODESSA | TX | 79768 | PC | CAPITAL FUNDS | $8,000 |
| OILFIELD CHRISTIAN FELLOWSHIP | ||||||
| 4816 RANGEWOOD COURT | MIDLAND | TX | 79707 | PC | OPERATING FUNDS | $2,000 |
| PARTNERS RELIEF AND DEVELOPMENT | ||||||
| PO BOX 1992 | GRAND RAPIDS | MI | 495011992 | PC | OPERATING FUNDS | $20,000 |
| PERMIAN BASIN AREA FOUNDATION - AMY BELL FUND | ||||||
| 200 N LORAINE STE 500 | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $5,000 |
| PERMIAN BASIN BE THE CHANGE | ||||||
| PO BOX 52643 | MIDLAND | TX | 79710 | PC | OPERATING FUNDS | $10,000 |
| PERMIAN BASIN GIFTS OF HOPE | ||||||
| PO BOX 1323 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $26,000 |
| PERMIAN BASIN PETROLEUM MUSEUM | ||||||
| 1500 INTERSTATE 20 WEST | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $10,000 |
| POLWARTH MINISTRIES | ||||||
| 3512 STURGIS LANE | WACO | TX | 76708 | PC | OPERATING FUNDS | $20,000 |
| RECORDING LIBRARY OF WEST TEXAS | ||||||
| 3500 NORTH A STREET SUITE 2800 | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $15,000 |
| REDEEMER CHURCH OF MIDLAND | ||||||
| 1901 NORTHRUP DR | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $1,500 |
| REFLECTION MINISTRIES OF TEXAS INC | ||||||
| PO BOX 52371 | MIDLAND | TX | 79710 | PC | OPERATING EXPENSE | $70,000 |
| ROCK THE DESERT MINISTRIES INC | ||||||
| PO BOX 61377 | MIDLAND | TX | 79711 | PC | OPERATING FUNDS | $15,000 |
| ROPE YOUTH | ||||||
| 3500 W GOLF COURSE ROAD | MIDLAND | TX | 79703 | PC | OPERATING FUNDS | $30,000 |
| SAFE PLACE OF THE PERMIAN BASIN | ||||||
| PO BOX 11331 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS AND CAPITAL PROJECTS | $395,000 |
| SAINT JOHN'S HEALTH CENTER FOUNDATION | ||||||
| 2121 SANTA MONICA BLVD | SANTA MONICA | CA | 90404 | PC | OPERATING EXPENSE | $25,000 |
| SALVATION ARMY | ||||||
| PO BOX 594 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $10,000 |
| SAMARITAN COUNSELING CENTER | ||||||
| PO BOX 60312 | MIDLAND | TX | 79711 | PC | OPERATING FUNDS | $51,000 |
| SAMARITAN'S PURSE | ||||||
| PO BOX 3000 | BOONE | NC | 28607 | PC | OPERATING FUNDS | $10,000 |
| SENIOR LINK MIDLAND | ||||||
| PO BOX 80519 | MIDLAND | TX | 79708 | PC | OPERATING FUNDS | $50,000 |
| SIBLEY ENVIRONMENTAL LEARNING CENTER FOUNDATION | ||||||
| 1307 E WADLEY AVE | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $10,000 |
| SOUTHWEST TEXAS PRISON MINISTRY & FAMILY OUTREACH | ||||||
| PO BOX 683 | IRAAN | TX | 79744 | PC | OPERATING FUNDS | $15,000 |
| ST STEPHENS CATHOLIC CHURCH | ||||||
| 4601 NEELY AVE | MIDLAND | TX | 79707 | PC | OPERATING EXPENSE | $20,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL | ||||||
| 262 DANNY THOMAS PLACE | MEMPHIS | TN | 38105 | PC | OPERATING EXPENSES | $50,000 |
| STARLIGHT THERAPEUTIC RIDING CENTER | ||||||
| 5401 POLO CLUB RD | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $10,000 |
| STEPHEN SILLER TUNNEL TO TOWERS FOUDNATION | ||||||
| 2361 HYLAN BLVD | STATEN ISLAND | NY | 10306 | PC | OPERATING FUNDS | $5,000 |
| TEEN CHALLENGE | ||||||
| PO BOX 251 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $40,000 |
| TEEN FLOW YOUTH MINISTRY | ||||||
| PO BOX 733 | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $30,000 |
| THE FIELD'S EDGE | ||||||
| 6003 MEADOWVIEW LANE | MIDLAND | TX | 79707 | PC | OPERATING FUNDS | $10,000 |
| THE JUNIOR LEAGUE OF MIDLAND INC | ||||||
| 902 W DENGAR AVE | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $10,000 |
| THE SPRINGBOARD CENTER | ||||||
| 200 CORPORATE DR | MIDLAND | TX | 79705 | PC | CAPITAL FUNDS | $2,000 |
| THE UNIVERSITY OF TEXAS FOUNDATION INC | ||||||
| P O BOX 250 | AUSTIN | TX | 78767 | PC | OPERATING FUNDS | $20,000 |
| TRINITY SCHOOL OF MIDLAND | ||||||
| 3500 WEST WADLEY | MIDLAND | TX | 79707 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $150,000 |
| WEST TEXAS FOOD BANK | ||||||
| 411 PAGEWOOD AVE | ODESSA | TX | 79761 | PC | OPERATING FUNDS | $61,000 |
| YMCA OF MIDLAND | ||||||
| PO BOX 954 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $10,000 |
| YOUNG LIFE MIDLAND | ||||||
| 925 W WADLEY AVE | MIDLAND | TX | 79705 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $55,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,546,500 | 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 | $189,670 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $613,357 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,126,559 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,051,215 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,980,801 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,980,801 | 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 | $14,055 | Amt |
| Net Investment Income | $10,541 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,514 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENT SECURITIES | StockNm |
| EOY Book Value | $35,231,327 | EOYBookValueAmt |
| EOYFMV | $48,106,131 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | VELOCIS FUND III | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $509,181 | BookValueAmt |
| EOYFMV | $509,181 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OIL & GAS PRODUCING ROYALTY | $3,632,329 | $3,632,329 | $15,589,000 |
| ACCUMULATED DEPLETION | -$1,982,206 | -$2,041,656 | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MEETINGS AND ADMINISTRATIVE | $629 | $472 | $157 |
| ROYALTY PRODUCTION EXPENSES | $42,210 | $42,210 | $0 |
| POSTAGE | $17 | $13 | $4 |
| NONDEDUCTIBLE EXPENSE | $9,125 | $0 | $0 |
| VELOCIS FUND NONDEDUCTIBLE EXPENSE | $51,581 | $0 | $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 ROYALTY INCOME | $4,122,202 | $4,122,202 | $4,122,202 |
| OTHER INVESTMENT INCOME | $4,266 | $4,266 | $4,266 |
| SETTLEMENTS | $91 | $91 | $91 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $500,497 | Amt |
| Net Investment Income | $375,373 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $125,124 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| AD VALOREM TAX | $124,194 | $124,194 | $0 |
| ROYALTY PRODUCTION TAX | $194,882 | $194,882 | $0 |
| FOREIGN TAX ON DIVIDENDS | $11,841 | $11,841 | $0 |
| STATE TAX WITHHELD ROYALTY | $33 | $0 | $0 |
| FEDERAL EXCISE TAX | $72,000 | $0 | $0 |