LAVERNE AND THOMAS HOWELL FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- LAVERNE AND THOMAS HOWELL FOUNDATION (EIN 46-0501821)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-05-11
- IRS object ID
- 202001329349100320
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- 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 | 2020-05-11T10:28:51-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 742727608 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SWANK SALCH & HENDERSON PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 802 N CARANCAHUA SUITE 1100 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 784010053 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460501821 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAVERNE & THOMAS HOWELL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAVE | BusinessNameControlTxt |
| Phone | 3618822272 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 802 N CARANCAHUA STE 1500 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTIN C DAVIS | PersonNm |
| Person Title | MANAGING DIRECTOR | PersonTitleTxt |
| Phone | 3618822272 | PhoneNum |
| Signature | 2020-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTINE SALCH | PreparerPersonNm |
| PTIN | P00188210 | PTIN |
| Phone | 3618838151 | PhoneNum |
| Preparation | 2020-05-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $16,025,620 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $332,946 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $332,946 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $689,193 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,505,669 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $689,193 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $21,552 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $21,552 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,043,691 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,043,691 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $101,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $25,250 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $75,750 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $661 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $166 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $496 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,000 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $60,865 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $60,865 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $28,864 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,880 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $1,218 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $304 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $914 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $9,338 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,395 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,943 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $204,946 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $100,860 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $79,103 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $659,662 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $659,662 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $864,608 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $100,860 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $738,765 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $179,083 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $942,831 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $19,209 | CashBOYAmt |
| Cash EOY | $14,177 | CashEOYAmt |
| Cash EOYFMV | $14,177 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $234,156 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $914,906 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $914,906 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $33,100 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $25,016 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $25,016 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $12,054,568 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,566,017 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,024,389 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $21,505 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $21,505 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $14 | OtherAssetsBOYAmt |
| Other Assets EOY | $14 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $47,132 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $12,341,047 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,520,130 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,025,620 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $12,341,047 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $12,520,130 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,341,047 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,520,130 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,341,047 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,520,130 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,341,047 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $179,083 | ExcessRevenueOverExpensesAmt |
| Subtotal | $12,520,130 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $12,520,130 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $57,062 | $61,362 | -$4,300 | -$4,300 |
| PUBLICLY TRADED SECURITIES | P | $2,717,408 | $2,536,049 | $181,359 | $181,359 |
| PUBLICLY TRADED SECURITIES | P | $13,968 | $13,968 | $13,968 | |
| PUBLICLY TRADED SECURITES | P | $500,224 | $219,065 | $281,159 | $281,159 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $689,193 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $9,668 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $693,302 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $15,225,946 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.045534 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $678,054 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $14,525,041 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.046682 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $675,540 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $13,565,513 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049798 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $683,938 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $13,846,214 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.049395 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $609,133 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $13,878,345 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.043891 | DistributionYr5Rt |
| Total Distribution | 0.235300 | TotalDistributionRt |
| Average Distribution | 0.047060 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $15,182,948 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $714,510 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,428 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $723,938 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $738,765 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $9,428 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $9,428 | SubtotalAmt |
| Tax Based On Investment Income | $9,428 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $25,016 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $25,016 | TotalPaymentsAndCreditsAmt |
| Overpayment | $15,588 | OverpaymentAmt |
| Applied To ES Tax | $15,588 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.HOWELLFOUNDATIONTX.ORG/PUBLIC/ | WebsiteAddressTxt |
| Individual With Books | MARTIN C DAVIS | IndividualWithBooksNm |
| Phone | 3618822272 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 802 N CARANCAHUA STE 1500 | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MARTIN C DAVIS | ||||||||
| 802 N CARANCAHUA STE 1500 | CORPUS CHRISTI | TX | 78401 | MANAGING DIR | 8.00 | $47,000 | $0 | $0 |
| GARY B PEARCE | ||||||||
| 5151 FLYNN PARKWAY | CORPUS CHRISTI | TX | 78411 | DIRECTOR | 4.00 | $7,000 | $0 | $0 |
| SANDRA L GARRISON | ||||||||
| 161 HERON OAKS | ROCKPORT | TX | 78382 | MANAGING DIR | 8.00 | $47,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FROST BANK | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 S SHORELINE | AddressLine1Txt |
| City | CORPUS CHRISTI | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT FEES | ServiceTypeTxt |
| Compensation | $60,865 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,688,981 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $658,701 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $66,478 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,414,160 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $15,414,160 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $231,212 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,182,948 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $759,147 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $759,147 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,428 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,428 | TotalTaxAmt |
| Distributable Before Adj | $749,719 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $749,719 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $749,719 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $738,765 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $738,765 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $9,428 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $729,337 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $749,719 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $659,662 | UndistributedIncomePYAmt |
| Qualifying Distributions | $738,765 | QualifyingDistributionsAmt |
| Applied To Year1 | $659,662 | AppliedToYear1Amt |
| Applied To Current Year | $79,103 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $670,616 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AIM FOR SUCCESS INC | ||||||||
| 17817 DAVENPORT STE 245 | DALLAS | TX | 75252 | UNRELATED | PC | TEEN ABSTINENCE EDUCATION | $10,000 | |
| AMERICAN CANCER SOCIETY | ||||||||
| 210 S CARANCAHUA STE 301 | CORPUS CHRISTI | TX | 78401 | UNRELATED | PC | PATIENT TRANSPORTATION | $30,000 | |
| CASA OF THE COASTAL BEND | ||||||||
| 2602 PRESCOTT ST | CORPUS CHRISTI | TX | 78410 | UNRELATED | PC | OPERATING EXPENSES | $10,000 | |
| COASTAL BEND COMMUNITY FOUNDATION | ||||||||
| 555 N CARANCAHUA STE 900 | CORPUS CHRISTI | TX | 78401 | UNRELATED | PC | COASTAL BEND DAY OF GIVING | $50,000 | |
| COASTAL BEND FOOD BANK | ||||||||
| 826 KRILL ST | CORPUS CHRISTI | TX | 78408 | UNRELATED | PC | FOOD PRODUCTS | $25,662 | |
| COASTAL BEND REGION | ||||||||
| 500 N SHORELINE BLVD 203 | CORPUS CHRISTI | TX | 78401 | UNRELATED | PC | COMMUNITY OUTREACH | $10,000 | AMERICAN HEART ASSOCIATION |
| CORPUS CHRISTI CORP OF THE | ||||||||
| 513 JOSEPHINE ST | CORPUS CHRISTI | TX | 78401 | UNRELATED | PC | SHELTER AND FOOD | $10,000 | SALVATION ARMY |
| CORPUS CHRISTI METRO MINISTRIES | ||||||||
| PO BOX 4899 | CORPUS CHRISTI | TX | 78469 | UNRELATED | PC | OPERATING EXPENSES | $35,000 | |
| CORPUS CHRISTI SYMPHONY ORCHESTRA | ||||||||
| 555 N CARANCAHUASTE 410 | CORPUS CHRISTI | TX | 78401 | UNRELATED | PC | OPERATING EXPENSES | $15,000 | |
| GOOD SAMARITAN RESCUE MISSION | ||||||||
| 210 S ALAMEDA ST | CORPUS CHRISTI | TX | 78401 | UNRELATED | PC | OPERATING EXPENSES | $20,000 | |
| SAN AUGUSTINE FIRST UNITED | ||||||||
| 205 SOUTH LIBERTY ST | SAN AUGUSTINE | TX | 75792 | UNRELATED | PC | CHURCH IMPROVEMENTS | $30,000 | METHODIST |
| SEA CITY WORK CAMP INC | ||||||||
| PO BOX 10449 | CORPUS CHRISTI | TX | 78460 | UNRELATED | PC | HOUSING REHABILITATION | $10,000 | |
| SOUTH TEXAS LIGHTHOUSE FOR THE | ||||||||
| 4421 AGNES ST | CORPUS CHRISTI | TX | 78405 | UNRELATED | PC | CONVEYER SYSTEM | $10,000 | BLIND |
| ST JAMES EPISCOPAL SCHOOL | ||||||||
| 602 S CARANCAHUA ST | CORPUS CHRISTI | TX | 78401 | UNRELATED | PC | SCHOLARSHIPS FOR TUITION | $10,000 | |
| TENNIS SUCCESS INC | ||||||||
| PO BOX 71647 | CORPUS CHRISTI | TX | 78467 | UNRELATED | PC | TUITION ASSISTANCE | $15,000 | |
| TEXAS A&M CORPUS CHRISTI | ||||||||
| 6300 OCEAN DRIVE | CORPUS CHRISTI | TX | 78412 | UNRELATED | PC | NURSING SCHOLARSHIPS & DISCRETIONARY | $30,000 | |
| TIMON'S MINISTRIES | ||||||||
| 10501 SOUTH PADRE ISLAND | CORPUS CHRISTI | TX | 78480 | UNRELATED | PC | OPERATING EXPENSES | $30,000 | |
| WEST SIDE HELPING HAND | ||||||||
| 540 HIAWATHA ST | CORPUS CHRISTI | TX | 78405 | UNRELATED | PC | YOUTH OUTREACH PROGRAM | $10,000 | |
| THE METHODIST CHILDREN'S HOME | ||||||||
| 5350 S STAPLES | CORPUS CHRISTI | TX | 78411 | NONE | PC | CORPUS CHRISTI OPERATIONS | $15,000 | |
| NUECES COUNTY JUVENILE | ||||||||
| 2310 GOLLIHAR RD | CORPUS CHRISTI | TX | 76015 | NONE | PC | TRAINING & SUPPORT | $5,000 | JUSTICE VOLUNTEERS |
| MAJESTY OUTDOORS | ||||||||
| 555 N CARANCAHUA STE 130 | CORPUS CHRISTI | TX | 78413 | NONE | PC | YOUTH SERVICES | $5,000 | |
| CHILD EVANGELISM FELLOWSHIP | ||||||||
| 3875 S STAPLES | CORPUS CHRISTI | TX | 78411 | NONE | PC | SUPPORT FOR NUECES COUNTY | $10,000 | OF EAST TEXAS |
| MISSION OF MERCY INC | ||||||||
| 719 S SHORELINE BLVD | CORPUS CHRISTI | TX | 78401 | NONE | PC | VISION EQUIPMENT | $50,000 | |
| MARY MCLEOD BETHUNE | ||||||||
| 900 KINNEY ST | CORPUS CHRISTI | TX | 78401 | NONE | PC | CHILDCARE | $5,000 | DAY NURSERY |
| FIRST UNITED METHODIST CHURCH OF CC | ||||||||
| PO BOX 1838 | CORPUS CHRISTI | TX | 78401 | NONE | PC | IMPROVEMENTS | $209,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $659,662 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $332,946 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $20,942 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $689,193 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $610 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,043,691 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,043,691 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SWANK, SALCH & HENDERSON | CategoryTxt |
| Amt | $3,000 | Amt |
| Net Investment Income | $3,000 | NetInvestmentIncomeAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt |
|---|---|---|---|---|---|
| FURNITURE | 2003-02-04 | $961 | $961 | S/L | 7.0000 |
| COMPUTER | 2003-02-04 | $2,438 | $2,438 | S/L | 7.0000 |
| COMPUTER FURNITURE | 2003-04-14 | $1,759 | $1,759 | S/L | 7.0000 |
| COMPUTER WIRING | 2003-04-24 | $203 | $203 | S/L | 7.0000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | VARIOUS MUTUAL FUNDS | StockNm |
| EOY Book Value | $11,566,017 | EOYBookValueAmt |
| EOYFMV | $15,024,389 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | $21,505 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $21,505 | AccumulatedDepreciationAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $661 | LegalFeesAmt |
| Net Investment Income | $166 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $496 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MINERAL/ROYALTY INTEREST | Desc |
| BOY Book Value | $14 | BOYBookValueAmt |
| EOY Book Value | $14 | EOYBookValueAmt |
| EOYFMV | $47,132 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| DUES & SUBSCRIPTIONS | $765 | $191 | $574 |
| INSURANCE | $750 | $187 | $563 |
| OFFICE SUPPLIES | $1,075 | $269 | $806 |
| ROYALTY EXPENSES | $6,748 | $6,748 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| VARIOUS ROYALTIES | $20,942 | $20,942 |
| OTHER INCOME | $610 | $610 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $60,865 | Amt |
| Net Investment Income | $60,865 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX | $3,880 | $3,880 |
| EXCISE TAX | $24,984 |