THE CULLEN FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- THE CULLEN FOUNDATION (EIN 76-0647361)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-12-09
- IRS object ID
- 201943439349100114
- Schema version
- 2018v3.1
- 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
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers Frm Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-12-09T11:10:07-08:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760269860 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 770275132 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760647361 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Cullen Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CULL | BusinessNameControlTxt |
| Phone | 7136518839 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 Allen Parkway Suite 1050 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Scott W Wise | PersonNm |
| Person Title | President/Treasurer | PersonTitleTxt |
| Signature | 2019-12-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jody Blazek | PreparerPersonNm |
| PTIN | P00072674 | PTIN |
| Phone | 7134395739 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | 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 | $288,851,390 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
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 | $239,741 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $239,741 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,255,971 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,255,971 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $19,215,031 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $53,173,497 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $16,804,064 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,441,396 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,626,892 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $24,152,139 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $21,926,668 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $473,804 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $142,141 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $331,663 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $232,148 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $83,500 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $148,648 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $160,926 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $48,451 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $112,475 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $33,691 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $14,846 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $16,845 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,406,094 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,401,211 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $4,883 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $677,989 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $15,004 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $21,199 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $6,205 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $28,673 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $8,392 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $20,281 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $10,773 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $5,344 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $5,332 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $246,420 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $180,642 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $65,779 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,291,717 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,905,736 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $705,906 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $11,775,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $11,775,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $15,066,717 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,905,736 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $12,480,906 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $9,085,422 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $20,020,932 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $206,483 | CashBOYAmt |
| Cash EOY | $386,599 | CashEOYAmt |
| Cash EOYFMV | $386,599 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $16,278,282 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $10,052,016 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $10,052,016 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $5,684 | PrepaidExpensesBOYAmt |
| Corporate Stock BOY | $110,618,224 | CorporateStockBOYAmt |
| Corporate Stock EOY | $94,334,465 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $110,830,622 | CorporateStockEOYFMVAmt |
| Land Bldg Investments EOYFMV | $424,767 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $131,698,466 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $163,140,680 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $167,002,290 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $192,542 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $37,446 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $176,295 | LandBOYAmt |
| Land EOY | $155,096 | LandEOYAmt |
| Land EOYFMV | $155,096 | LandEOYFMVAmt |
| Total Assets BOY | $258,983,434 | TotalAssetsBOYAmt |
| Total Assets EOY | $268,068,856 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $288,851,390 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $5,367,756 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,367,756 | CapitalStockEOYAmt |
| Retained Earning BOY | $253,615,678 | RetainedEarningBOYAmt |
| Retained Earning EOY | $262,701,100 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $258,983,434 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $268,068,856 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $258,983,434 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $268,068,856 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $258,983,434 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $9,085,422 | ExcessRevenueOverExpensesAmt |
| Subtotal | $268,068,856 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $268,068,856 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly traded securities | $49,170,994 | $33,955,494 | $15,215,500 | $15,215,500 | |||
| Passthrough K-1 capital gain | $1,575,652 | $1,575,652 | $1,575,652 | ||||
| Loss on redemption of Gramercy Dist. | $15,884 | $15,884 | $15,884 | P | 2018-01-01 | 2018-01-21 | |
| Loss on redemption of OCM IVb | $2,972 | -$2,972 | -$2,972 | P | 2018-01-01 | 2018-12-01 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $16,804,064 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $15,106,647 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $301,278,304 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05014 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $12,860,161 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $266,644,403 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04823 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $13,107,461 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $274,395,585 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04777 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $12,699,181 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $277,211,792 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04581 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $12,110,594 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $250,518,242 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04834 | DistributionYr5Rt |
| Total Distribution | 0.240292 | TotalDistributionRt |
| Average Distribution | 0.048058 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $304,928,482 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $14,654,253 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $200,209 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $14,854,462 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $12,480,906 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $400,419 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $400,419 | SubtotalAmt |
| Tax Based On Investment Income | $400,419 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $550,212 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $550,212 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $149,793 | OverpaymentAmt |
| Applied To ES Tax | $149,793 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.cullenfdn.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Peggy Reid | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7136518839 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 Allen Parkway Suite 1050 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 770192115 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| Isaac Arnold Jr | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Chairman/Dir | 2.00 | $0 | |
| Wilhelmina E Robertson | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | VC/Sec/A.T./Dir | 10.00 | $0 | |
| Meredith T Cullen | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | A. Sec/A.T./Dir | 2.00 | $0 | |
| Bert L Campbell | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Director | 2.00 | $0 | |
| Carla Knobloch | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Director | 2.00 | $0 | |
| Scott W Wise | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | President/Treas | 40.00 | $403,624 | $53,513 |
| Laura Chapman | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | VP from Sept 18 | 40.00 | $70,179 | $911 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| Peggy Reid | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Controller | 40.00 | $167,000 | $42,372 |
| Gina McEvily | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Grant admin | 40.00 | $81,500 | $28,507 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Northern Trust Company | |||||
| 50 South LaSalle | Chicago | IL | 60603 | Custody/Inv mgmt | $153,172 |
| Albourne America LLC | |||||
| 655 Montgomery St Ste 1910 | San Francisco | CA | 94111 | Investment advisor | $120,000 |
| Fayez Sarofim & Co | |||||
| 909 Fannin Ste 2907 | Houston | TX | 77010 | Investment mgmt | $93,592 |
| Avalon Advisors LLC | |||||
| 2929 Allen Pkwy Ste 3000 | Houston | TX | 77019 | Investment mgmt | $69,849 |
| LSV International Small Cap Equity Fund LP | |||||
| 155 North Wacker Drive Ste 4600 | Chicago | IL | 60606 | Investment mgmt | $148,489 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $135,986,005 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,506,714 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $158,079,344 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $309,572,063 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $309,572,063 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,643,581 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $304,928,482 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $15,246,424 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $15,246,424 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $400,419 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $430,279 | IncomeTaxAmt |
| Total Tax | $830,698 | TotalTaxAmt |
| Distributable Before Adj | $14,415,726 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $14,415,726 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $14,415,726 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $12,480,906 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $12,480,906 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $12,480,906 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $14,415,726 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,940,341 | UndistributedIncomePYAmt |
| Qualifying Distributions | $12,480,906 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,940,341 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $10,540,565 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $3,875,161 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Gina McEvily | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 Allen Parkway Suite 1050 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 770192115 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7136518837 | RecipientPhoneNum |
| Recipient Email Address | gina@cullenfdn.org | RecipientEmailAddressTxt |
| Form And Info And Materials | See www.cullenfdn.org for online application and information. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | Restricted to Texas-based charitable organizations for programs in Texas, primarily in the Houston area. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See attachment | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | State and zip code provided | AddressLine1Txt |
| City | for efiling | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | See attachment | GrantOrContributionPurposeTxt |
| Amt | $11,775,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $11,775,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See attachment | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | State and zip code provided | AddressLine1Txt |
| City | for efiling | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | See attachment | GrantOrContributionPurposeTxt |
| Amt | $2,760,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $2,760,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $239,741 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,255,971 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $2,410,967 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $16,804,064 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| Commission recapture | 1 | $4,390 | ||
| Oil & gas royalties | 15 | $202,342 | ||
| Passthrough K-1 Income | 14 | $2,370,331 | 525990 | -$135,667 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $2,275,300 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $21,876,839 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $24,152,139 | 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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Audit fees | $19,035 | $9,518 | $0 | $9,517 |
| Tax compliance | $14,656 | $5,328 | $0 | $7,328 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| Equipment | 2009-01-01 | $27,336 | $12,906 | SL | 5.0000 | $5,251 | $1,483 |
| Leasehold improvements | 2017-04-01 | $100,442 | $3,348 | SL | 15.0000 | $6,696 | $1,942 |
| Furniture | 2017-01-01 | $64,765 | $4,626 | SL | 7.0000 | $9,252 | $2,780 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)
| AssetAssetDesc | Gross Sales PriceGrossSalesPriceAmt | Basis MethodBasisMethodTxt | Total NetTotalNetAmt |
|---|---|---|---|
| Passthrough - ST capital gain UBI | $5,755 | Cost | $5,755 |
| Passthrough - LT capital gain UBI | $46,512 | Cost | $46,512 |
| Passthrough 1231 capital gain -UBI | $2,358,700 | Cost | $2,358,700 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (110 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 10510 shs Abbott Lab Com | $280,086 | $760,188 |
| 8270 shs Abbvie Inc Com Usd0.01 | $194,560 | $762,411 |
| 1400 shs Air Prod & Chem Inc Com | $219,352 | $224,070 |
| 1300 shs Alphabet Inc Cap Stk | $984,451 | $1,346,293 |
| 17820 shs Altria Group Inc Com | $185,823 | $880,130 |
| 715 shs Amazon Com Inc Com | $1,205,396 | $1,073,909 |
| 7200 shs American Express Co | $632,287 | $686,304 |
| 3200 shs Anheuser Busch Inbev Sa/Nv Spon | $350,638 | $210,592 |
| 11980 shs Apple Inc | $339,459 | $1,889,725 |
| 3200 shs Asml Hldg Nv Ny Reg | $324,594 | $497,984 |
| 1350 shs Automatic Data Processing | $50,850 | $177,012 |
| 1950 shs Blackrock Inc | $546,330 | $765,999 |
| 2050 shs Canadian Pac Ry Ltd Com | $259,323 | $364,121 |
| 7710 shs Chevron Corp Com | $411,703 | $838,771 |
| 6650 shs Chubb Ltd Ord | $703,121 | $859,047 |
| 22370 shs Coca Cola Co Com | $558,043 | $1,059,220 |
| 22380 shs Comcast Corp New-Cl A | $684,102 | $762,039 |
| 9810 shs Conocophillips Com | $277,335 | $611,654 |
| 1350 shs Constellation Brands | $211,612 | $217,107 |
| 5600 shs Estee Lauder Companies | $466,924 | $728,560 |
| 13560 shs Exxon Mobil Corp | $930,662 | $924,656 |
| 11200 shs Facebook Inc | $1,375,747 | $1,468,208 |
| 16500 shs Infineon Tech Ag Spons | $405,969 | $329,753 |
| 5450 shs Intercontl Exchange | $256,812 | $410,549 |
| 1675 shs Intuitive Surgical Inc | $340,638 | $802,191 |
| 11008 shs Jpmorgan Chase & Co | $333,491 | $1,074,601 |
| 1200 shs Mastercard Inc Cl A | $266,999 | $226,380 |
| 3470 shs Mc Donalds Corp | $201,737 | $616,168 |
| 20750 shs Microsoft Corp Com | $1,154,667 | $2,107,578 |
| 7430 shs Nestle S A Sponsored | $304,389 | $601,533 |
| 7350 shs Nike Inc Cl B | $411,369 | $544,929 |
| 13700 shs Novo-Nordisk A S Adr | $185,705 | $631,159 |
| 5050 shs Pepsico Inc Com | $285,512 | $557,924 |
| 15680 shs Philip Morris Intl Npv | $468,720 | $1,046,797 |
| 6700 shs Twenty-First Mandatory | $243,946 | $320,126 |
| 7450 shs Twenty-First Mandatory Ex | $263,761 | $358,494 |
| 19010 shs Roche Hldg Ltd Sponsored | $389,042 | $590,831 |
| 850 shs Sherwin-Williams Co Com | $387,234 | $334,441 |
| 8900 shs State Str Corp Com | $715,408 | $561,323 |
| 9190 shs Texas Instruments Inc | $241,867 | $868,455 |
| 5070 shs Total Sa | $324,121 | $264,553 |
| 6350 shs Union Pac Corp Com | $635,420 | $877,761 |
| 2800 shs Unitedhealth Group Inc | $420,346 | $697,536 |
| 3550 shs Verisk Analytics Inc | $351,175 | $387,092 |
| 8500 shs Visa Inc Com Cl A Stk | $632,132 | $1,121,490 |
| 3300 shs Walt Disney Co | $343,980 | $361,845 |
| 6970 shs Wells Fargo & Co New | $374,562 | $321,178 |
| 1200 shs Advance Auto Pts Inc Com | $216,330 | $188,952 |
| 19250 shs Aes Corp Com | $226,114 | $278,355 |
| 2063 shs Akamai Technologies Inc | $129,033 | $126,008 |
| 4277 shs Aramark Com | $166,867 | $123,905 |
| 2024 shs Broadridge Finl Solutions | $128,875 | $194,810 |
| 813 shs Burlington Stores Inc Com | $90,674 | $132,251 |
| 11352 shs Caretrust Reit Inc Com | $219,607 | $209,558 |
| 1996 shs Cboe Global Markets Inc | $218,297 | $195,269 |
| 3258 shs Cdw Corp Com | $224,733 | $264,061 |
| 1108 shs Centene Corp Del Com | $98,931 | $127,752 |
| 11129 shs Centerpoint Energy | $315,949 | $314,172 |
| 4069 shs Church & Dwight Inc Com | $203,634 | $267,577 |
| 4052 shs Ciena Corp Com New | $133,968 | $137,403 |
| 2296 shs Coresite Rlty Corp | $88,035 | $200,280 |
| 1877 shs Cyber-Ark Software Ltd | $134,147 | $139,161 |
| 2003 shs Diamondback Energy Inc | $202,357 | $185,678 |
| 1227 shs Epam Sys Inc | $98,238 | $142,344 |
| 3376 shs Euronet Worldwide | $317,522 | $345,635 |
| 3542 shs Firstcash Inc Com | $188,147 | $256,264 |
| 1828 shs Fleetcor Technologies | $283,878 | $339,496 |
| 1951 shs Global Pmts Inc Com | $158,982 | $201,207 |
| 2128 shs Green Dot Corp | $154,435 | $169,219 |
| 3768 shs Healthcare Svcs Group Inc | $131,125 | $151,398 |
| 2282 shs Heico Corp New | $63,457 | $176,809 |
| 2479 shs Iberiabank Corp | $204,297 | $159,350 |
| 1669 shs Icon Plc Com | $88,358 | $215,651 |
| 4262 shs Kar Auction Svcs Inc | $203,044 | $203,383 |
| 1371 shs Lab Corp Amer Hldgs | $187,691 | $173,240 |
| 632 shs Lennox Intl Inc Com | $137,310 | $138,320 |
| 5251 shs Lkq Corp Com Lkq Corp | $140,139 | $124,606 |
| 201 shs Markel Corp Holding Co | $228,757 | $208,648 |
| 6213 shs Mosaic Co/The | $226,464 | $181,482 |
| 7521 shs National Storage Affil | $218,024 | $199,006 |
| 12256 shs Nomad Foods Limited | $236,086 | $204,920 |
| 1576 shs Old Dominion Freight Ln | $198,632 | $194,620 |
| 2121 shs Ollies Bargain Outlet | $52,062 | $141,068 |
| 10912 shs Parsley Energy Inc Cl A Cl A | $255,761 | $174,374 |
| 2787 shs Perkinelmer Inc Com | $240,592 | $218,919 |
| 2205 shs Post Hldgs Inc | $206,686 | $196,532 |
| 3345 shs Pra Health Sciences | $260,323 | $307,606 |
| 5382 shs Premier Inc Cl A Cl A | $205,444 | $201,018 |
| 4007 shs Chemical Name And Cusip | $146,729 | $146,696 |
| 1612 shs Resmed Inc Com | $91,975 | $183,558 |
| 2502 shs Restaurant Brands Intl | $135,320 | $130,855 |
| 3206 shs Ryman Hospitality Pptys | $218,337 | $213,808 |
| 4617 shs Sensata Technologies | $215,615 | $207,026 |
| 5801 shs Servicemaster Global | $238,827 | $213,129 |
| 2206 Spdr Ser Tr S&P Biotech Etf | $131,469 | $158,281 |
| 5359 shs Ss&C Technologies Hldgs | $269,290 | $241,744 |
| 2428 shs Tractor Supply Co Com | $210,172 | $202,592 |
| 3178 shs Transunion Com | $121,921 | $180,510 |
| 973 shs Ulta Beauty Inc | $255,939 | $238,229 |
| 1262 shs United Rentals Inc Com | $128,293 | $129,393 |
| 1814 shs Unvl Health Services | $240,818 | $211,440 |
| 7306 shs Upland Software Inc Com | $221,345 | $198,577 |
| 2459 shs Verisk Analytics Inc | $223,506 | $268,129 |
| 2540 shs Waste Connections | $79,012 | $188,595 |
| 3824 shs Webster Fncl Corp Waterbury Con | $202,506 | $188,485 |
| 253 shs White Mountains Insurance | $243,185 | $216,996 |
| 4288 shs Zions Bancorporation N A | $176,019 | $174,688 |
| 216000 shs China Hongxing Spo | $1 | $1 |
| 995243.36 shs DFA US Targeted Value | $20,664,762 | $19,735,676 |
| 233795.43 shs NTGI Russell 1000 | $41,505,019 | $46,169,220 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (25 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AKO European Long-Only Fund Ltd | AT COST | $20,000,000 | $20,044,000 |
| Blackgold Private Energy Partners | AT COST | $10,038,283 | $9,172,989 |
| Cedar Rock Capital Partners LLC | AT COST | $20,999,850 | $18,741,568 |
| Cevian Capital II Ltd | AT COST | $12,000,000 | $10,296,120 |
| Coatue Offshore Fund Ltd | AT COST | $15,000,000 | $13,468,856 |
| CREA Partners II LP | AT COST | $1,935,389 | $1,699,791 |
| Eminence Fund Ltd | AT COST | $20,000,000 | $19,992,426 |
| Encap Flatrock Midstream Fund II-C LP | AT COST | $1,571,372 | $1,422,710 |
| GSR 2017 Opportunities Fund LP | AT COST | $97,631 | $97,072 |
| GSR Ventures VI LP | AT COST | $192,365 | $192,816 |
| Highland Cap Invs Corp Hldg | AT COST | $870,035 | $1 |
| LSV Internatnl Small Cap Equity | AT COST | $12,466,812 | $11,987,462 |
| Oaktree Mezzanine Fund III LP | AT COST | $11,772 | $12,027 |
| OCM Opportunities Fund IV-B LP | AT COST | $153 | $1 |
| OCM Opportunities Fund VIIB LP | AT COST | $388,301 | $214,212 |
| OCM Principal Opport Fund III LP | AT COST | $1 | $60,998 |
| SCF-IX LP | AT COST | $288,947 | $287,782 |
| Stelliam Offshore Long Fund Ltd | AT COST | $20,000,000 | $18,807,406 |
| Stelliam Opportunity Fund LP | AT COST | $2,116,846 | $1,695,176 |
| Stonelake Opport Partners II LP | AT COST | $24,904 | $6,210,718 |
| Stonelake Opport Partners III LP | AT COST | $4,637,299 | $11,429,603 |
| Stonelake Opport Partners IV LP | AT COST | $5,334,120 | $7,444,781 |
| Stonelake Opportunity Partners V, LP | AT COST | $166,600 | $157,294 |
| Tremblant Long Fund Ltd | AT COST | $15,000,000 | $13,459,234 |
| Accrued Income | AT COST | $107,247 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $64,764 | $13,878 | $50,886 | $50,886 |
| Machinery and Equipment | $27,336 | $13,524 | $13,812 | $13,812 |
| Improvements | $100,442 | $10,044 | $90,398 | $90,398 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Bank charges | $2,767 | $858 | $1,909 |
| Bank custodial fees | $136,120 | $136,120 | |
| Dues and subscriptions | $6,802 | $63 | $6,739 |
| Insurance | $28,268 | $8,763 | $19,505 |
| Oil & gas other deductions | $16,873 | $16,873 | |
| Other administrative expenses | $17,787 | $5,514 | $12,273 |
| Other investment fees | $1,060 | $1,060 | |
| Repairs/maintenance | $2,018 | $626 | $1,392 |
| Supplies | $16,765 | $5,197 | $11,568 |
| Technology | $17,960 | $5,568 | $12,393 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Commission recapture | $4,390 | $4,390 |
| Oil & gas royalties | $202,342 | $202,342 |
| Passthrough K-1 Income | $2,234,664 | $2,420,160 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Investment consulting fees | $120,000 | $120,000 | $0 | $0 |
| Investment management fees | $1,279,017 | $1,279,017 | $0 | $0 |
| Payroll services | $7,077 | $2,194 | $0 | $4,883 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Ad valorem taxes | $8,129 | $8,129 |
| Excise tax | $500,000 | |
| Income tax | $162,985 | |
| O & G production taxes | $6,875 | $6,875 |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BlackGold Private Equity Partners | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 109 N Post Oak Ln Ste 500 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 811616295 | EIN |
| Desc | Distribution from investment fund. Entity is not a business enterprise, per IRC 4943(d)(3)(B). | Desc |
| Amt | $979,345 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $979,345 | TotalAmt |