VANDAL AND WINIFRED MERCER TEXAS A & M EDUCATIONAL FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- VANDAL AND WINIFRED MERCER TEXAS A & M EDUCATIONAL FOUNDATION (EIN 76-0472391)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-05-15
- IRS object ID
- 202001369349100020
- 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
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-15T08:37:55-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 832933734 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEAD MAXWELL & MCKENNA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2200 MARKET ST STE 401 | AddressLine1Txt |
| City | GALVESTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77550 | 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 | 760472391 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE VANDAL & WINIFRED MERCER TEXAS | BusinessNameLine1Txt |
| Business Name Line2 | A & M EDUCATIONAL FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VAND | BusinessNameControlTxt |
| Phone | 4097707158 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FROST BANK 2201 MARKET 3RD FL | AddressLine1Txt |
| City | GALVESTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77550 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FROST BANK | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 4097707165 | PhoneNum |
| Signature | 2020-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN R MCKENNA JR | PreparerPersonNm |
| PTIN | P00618649 | PTIN |
| Phone | 4097636479 | PhoneNum |
| Preparation | 2020-05-08 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 75.148.247.65 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-05-15 | IPDt |
| IP Tm | 08:37:55 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 378F613000319C0BEA388E048F754F015A67F5A1 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 378F613000319C0BEA388E048F754F015A67F5A1 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2020-11-06 18:47:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,917,044 | 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 | $43,539 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $43,539 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $43,539 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $49,234 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $281,494 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $49,234 | CapGainNetIncmNetInvstIncmAmt |
| Incm Modifications Adj Net Incm | $75,238 | IncmModificationsAdjNetIncmAmt |
| Other Income Rev And Expnss | $2,937 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,937 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $2,937 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $95,710 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $95,710 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $121,714 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $39,697 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $11,977 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $11,977 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $27,720 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $625 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $625 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $625 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $8 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $8 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $8 | OtherProfFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $2,557 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $780 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $780 | TaxesAdjNetIncmAmt |
| Printing And Pub Rev And Expnss | $318 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $318 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,188 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $45,018 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $13,390 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $13,390 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $28,663 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $75,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $75,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $120,018 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $13,390 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $13,390 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $103,663 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$24,308 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $82,320 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $108,324 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,198 | CashBOYAmt |
| Cash EOY | $7,045 | CashEOYAmt |
| Cash EOYFMV | $7,045 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $266,207 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $252,151 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $252,151 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $4,096 | AcctRcvblAmt |
| Acct Rcvbl BOY | $620 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $4,096 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $4,096 | AcctRcvblEOYFMVAmt |
| Other Investments BOY | $1,458,429 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,516,530 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,637,615 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,204 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,777 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $16,137 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,730,658 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,781,599 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,917,044 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $1,730,658 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,781,599 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,730,658 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,781,599 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,730,658 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,781,599 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,730,658 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$24,308 | ExcessRevenueOverExpensesAmt |
| Other Increases | $75,249 | OtherIncreasesAmt |
| Subtotal | $1,781,599 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,781,599 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 445.976 SH INVESCO DEV MKTS FD | P | 2017-04-26 | 2019-07-24 | $16,153 | $14,490 | $1,663 | $1,663 |
| 2632.021 SH AMER BEACON STEPH SM CP | P | 2019-07-24 | $45,902 | $46,879 | -$977 | -$977 | |
| 944.764 SH COHEN & STEERS INST RLTY | P | 2019-07-24 | $43,110 | $42,236 | $874 | $874 | |
| 154.197 SH COHEN & STEERS INST RLTY | P | 2017-04-26 | 2019-10-23 | $7,656 | $6,794 | $862 | $862 |
| 1192.719 SH FROST LOW DURATION BD | P | 2019-07-24 | $12,285 | $12,185 | $100 | $100 | |
| 3946.035 SH FROST TOTAL RETURN BD FD | P | 2017-01-09 | 2019-07-24 | $41,197 | $41,039 | $158 | $158 |
| 463.483 SH HARDING LOEVNER INTL EQTY | P | 2019-07-24 | $10,433 | $8,619 | $1,814 | $1,814 | |
| 444.226 SH HARDING LOEVNER EMER MKTS | P | 2019-07-24 | $25,103 | $20,466 | $4,637 | $4,637 | |
| 911.833 SH VICTORY SMALL CO OPP FD | P | 2019-07-24 | $40,586 | $39,552 | $1,034 | $1,034 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $49,234 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $100,863 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,732,300 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.058225 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $87,420 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,624,503 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.053813 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $118,305 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,505,144 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.078600 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $113,946 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,594,408 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.071466 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $92,290 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,667,021 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.055362 | DistributionYr5Rt |
| Total Distribution | 0.317466 | TotalDistributionRt |
| Average Distribution | 0.063493 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,787,616 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $113,501 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $823 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $114,324 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $103,663 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,646 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,646 | SubtotalAmt |
| Tax Based On Investment Income | $1,646 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,773 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,773 | TotalPaymentsAndCreditsAmt |
| Overpayment | $127 | OverpaymentAmt |
| Applied To ES Tax | $127 | 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 | Yes (true) | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FROST BANK TRUST DEPT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4097707158 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2201 MARKET ST 3RD FLOOR | AddressLine1Txt |
| City | GALVESTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77550 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| FROST BANK | ||||||||
| 2201 MARKET STREET 3RD FLOOR | GALVESTON | TX | 77550 | TRUSTEE | 4.00 | $39,697 | $0 | $0 |
| RICHARD MANN | ||||||||
| FROST BANK 2201 MARKET 3RD FLOOR | GALVESTON | TX | 77550 | ADVISORY COM | 0.16 | $0 | $0 | $0 |
| TRAVIS FANNING | ||||||||
| FROST BANK 2201 MARKET 3RD FLOOR | GALVESTON | TX | 77550 | ADVISORY COM | 0.16 | $0 | $0 | $0 |
| JOHN R SULLIVAN | ||||||||
| P O BOX 131486 | HOUSTON | TX | 77219 | ADVISORY COM | 0.16 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PROVIDES INTEREST-FREE LOANS TO NEEDY/WORTHY STUDENTS WHO ARE TEXAS RESIDENTS AND GRADUATES OF TEXAS HIGH SCHOOLS AND WHO ATTEND TEXAS A&M UNIVERSITY | Description1Txt |
| Expenses1 | $103,663 | Expenses1Amt |
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 | $1,558,314 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $236,292 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $20,233 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,814,839 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,814,839 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $27,223 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,787,616 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $89,381 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $103,663 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $103,663 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $103,663 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $89,381 | CurrentYearAmt |
| Year1 | $86,615 | Year1Amt |
| Year2 | $81,225 | Year2Amt |
| Year3 | $75,257 | Year3Amt |
| Total | $332,478 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $75,974 | CurrentYearAmt |
| Year1 | $73,623 | Year1Amt |
| Year2 | $69,041 | Year2Amt |
| Year3 | $63,968 | Year3Amt |
| Total | $282,606 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $103,663 | CurrentYearAmt |
| Year1 | $100,863 | Year1Amt |
| Year2 | $87,420 | Year2Amt |
| Year3 | $118,950 | Year3Amt |
| Total | $410,896 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $103,663 | CurrentYearAmt |
| Year1 | $100,863 | Year1Amt |
| Year2 | $87,420 | Year2Amt |
| Year3 | $118,950 | Year3Amt |
| Total | $410,896 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $59,587 | CurrentYearAmt |
| Year1 | $57,743 | Year1Amt |
| Year2 | $54,150 | Year2Amt |
| Year3 | $50,171 | Year3Amt |
| Total | $221,651 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | FROST BANK TRUSTEE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8210 | AddressLine1Txt |
| City | GALVESTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 775538210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4097705665 | RecipientPhoneNum |
| Form And Info And Materials | SEE ATTACHED APPLICATION | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APPLICATIONS ACCEPTED JANUARY 1 THROUGH MARCH 31 OF EACH YEAR | SubmissionDeadlinesTxt |
| Restrictions On Awards | NEEDY/WORTHY STUDENTS, TEXAS RESIDENTS, GRADUATE OF TX HIGH SCHOOL, ATTEND TEXAS A & M UNIVERSITY | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED LIST | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2201 MARKET ST 3RD FLOOR | AddressLine1Txt |
| City | GALVESTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77550 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | N/A | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | EDUCATIONAL | GrantOrContributionPurposeTxt |
| Amt | $75,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $75,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $43,539 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $2,937 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $49,234 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $95,710 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $95,710 | 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 | FORM 990 PF TAX PREP FEE | CategoryTxt |
| Amt | $1,250 | Amt |
| Net Investment Income | $625 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $625 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $625 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MUTUAL FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $1,516,530 | BookValueAmt |
| EOYFMV | $1,637,615 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MINERAL INTERESTS | $4 | $4 | $14,364 |
| PREPAID EXCISE TAX | $2,200 | $1,773 | $1,773 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| EXPENSES | |
| D & O INSURANCE | $1,188 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OIL & GAS ROYALTY INCOME | Desc |
| Revenue And Expenses Per Books | $2,937 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,937 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,937 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| REPAYMENTS OF STUDENT LOANS | $75,238 |
| COST BASIS ADJ FOR NON-DIV DISTRIB | $11 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OIL & GAS PROFESSIONAL FEES | CategoryTxt |
| Amt | $8 | Amt |
| Net Investment Income | $8 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $8 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| EXCISE TAX ON INVESTMENT INCOME | $1,777 | ||
| AD VALOREM TAXES-MINERAL INTERES | $49 | $49 | $49 |
| OIL & GAS PRODUCTION TAXES | $45 | $45 | $45 |
| FOREIGN TAXES ON DIVIDENDS | $686 | $686 | $686 |