2020-10-09T13:09:03-05:00 2020-05-31 ERNST & YOUNG US LLP 111 W Houston St Ste 1901 SAN ANTONIO TX 78205 990 2019-06-01 742123714 THOMAS L JR & GRACE P DOWNS SCHOLARSHIP FUND % FROST BANK TRUST DEPARTMENT THOM 2102204089 FROST BANK TRUSTEE PO BOX 2950 SAN ANTONIO TX 782992950 KATHLEEN FINCK OFFICER 2102204089 2020-10-08 Stewart Goodson P00084462 2102289696 2020-10-06 74.101.154.179 74089220202835000000 2020-10-09 P 5C960B5EBE291A69D33E61643E3CC143D5438D4C 023C355E100CAC616A27BD0AC5459EAD4C73621C 2019 2021-01-29 14:40:06Z KATHLEEN FINCK FROST BANK TRUSTEE PO BOX SAN ANTONIO TX 782992950 598660 false X N/A X 1980 TX AS SET FORTH IN THE TRUST INSTRUMENT AND ORGANIZATION SUPPORTS SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY AND SOUTHERN METHODIST UNIVERSITY. 1 0 0 0 0 0 0 0 462829 598660 0 0 462829 598660 242813 243129 0 0 60566 61708 0 0 0 8440 9176 311819 314013 151010 284647 7183010 7467657 0 0 7183010 7467657 X AS SET FORTH IN THE TRUST INSTRUMENT AND FOLLOWED BY THE TRUSTEE, THIS ORGANIZATION SUPPORTS SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY AND SOUTHERN METHODIST UNIVERSITY. false false 81043 81043 SOUTHWESTERN UNIVERSITY 81043 81043 TEXAS WESLEYAN UNIVERSITY 81043 81043 SOUTHERN METHODIST UNIVERSITY 30854 TRUSTEE FEES 3564 ACCOUNTING FEES 34418 277547 true false false false false false false false true false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false false false false false false X 1 0 false false false false false false false true true false false true true true true true true false false false X FROST BANK TRUST DEPARTMENT 2102204089 ATTN KATHLEEN FINCK PO DRAWER 2950 SAN ANTONIO TX 782992950 FROST BANK TRUSTEE KATHLEEN FINCK, ADMINISTRATOR 40.0 0.0 X 61708 0 0 61708 0 0 0 false false false NONE 0 0 0 214648 214648 0 0 0 0 0 384012 384012 384012 384012 0 0 0 0 0 0 0 0 0 0 598660 598660 243129 243129 0 0 0 61708 30854 30854 0 0 0 0 0 0 0 7128 3564 3564 0 0 0 18 18 0 0 0 0 0 0 0 0 0 0 0 0 FOREIGN TAXES 2030 2030 314013 277547 36466 0 0 0 359665 322290 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6823345 7145367 0 0 0 0 0 0 0 0 7183010 7467657 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7183010 7467657 0 0 0 0 7183010 7467657 7183010 7467657 284647 X false false false X X 3 SOUTHWESTERN UNIVERSITY 741233796 2 true 81043 0 TEXAS WESLEYAN UNIVERSITY 750800691 2 true 81043 0 SOUTHERN METHODIST UNIVERSITY 741233796 2 true 81043 0 3 243129 true false false false false false false false false false false false false false false true false true 12076 13337 0 185305 201311 197381 214648 0 35478 36465 0 161903 178183 7680260 7699791 341643 481947 1 1 8021904 8181739 0 0 8021904 8181739 120329 122726 7901575 8059013 276555 282065 0 276555 282065 161903 137618 276555 276555 0 276555 243129 0 34418 0 0 0 277547 277547 276555 100.3587 276555 0 0 0 0 0 33428 33428 0 33428 0 0 277547 0 243127 34420 0 0 34420 0 0 0 0 34420 FORM 990, SCHEDULE A, PART IV, SECTION D 2. THE ORGANIZATION MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATIONS BY PARTICIPATING IN REGULAR COMMUNICATIONS. THERE IS A STRONG WORKING RELATIONSHIP BETWEEN THE TRUSTEE AND AN OFFICER OF THE SUPPORTED ORGANIZATIONS. THE TRUSTEE IS RESPONSIVE TO THE NEEDS OF ALL THE SUPPORTED ORGANIZATIONS. FORM 990, SCHEDULE A, PART IV, SECTION D 3. THE SUPPORTED ORGANIZATIONS PARTICIPATE IN REGULAR COMMUNICATIONS WITH THE TRUSTEE OF THE ORGANIZATION REGARDING THE SUPPORTED ORGANIZATION'S PROJECTED NEEDS. THE SUPPORTED ORGANIZATIONS ALSO PROVIDE SUGGESTIONS TO THE TRUSTEE REGARDING THE ORGANIZATION'S USE OF ASSETS, INCLUDING TIMING OF GRANTS AND MANNER OF MAKING GRANTS. IN ADDITION, THE TRUSTEE REGULARLY COMMUNICATES WITH THE SUPPORTED ORGANIZATIONS REGARDING INVESTMENTS, DISTRIBUTION PLANS, AND OTHER SIMILAR MATTERS. 7183009 598660 243129 70883 7467657 7031998 462830 242813 69006 7183009 6834978 490058 224748 68292 7031996 6765043 266799 133137 63727 6834978 6941058 201113 317112 60016 6765043 false false PART V, LINE 4 AS SET FORTH IN THE TRUST INSTRUMENT AND FOLLOWED BY THE TRUSTEE, THIS ORGANIZATION SUPPORTS SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY, AND SOUTHERN METHODIST UNIVERSITY. true SOUTHERN METHODIST UNIVERSITY PO BOX 750196 DALLAS TX 752750196 750800689 501(c)(3) 81043 CHARITABLE SOUTHWESTERN UNIVERSITY VP FISCAL AFFAIRS - PO BOX 770 GEORGETOWN TX 786270770 741233796 501(c)(3) 81043 CHARITABLE TEXAS WESLEYAN UNIVERSITY 1201 WESLEYAN STREET FORT WORTH TX 761051536 750800691 501(c)(3) 81043 CHARITABLE 3 PART I, LINE 2 PER THE GOVERNING INSTRUMENT, THE TRUST IS REQUIRED TO DISTRIBUTE 33 1/3% OF ITS INCOME ANNUALLY IN SUPPORT OF THE NAMED BENEFICIARIES: SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY, AND SOUTHERN METHODIST UNIVERSITY. EACH SCHOOL DETERMINES WHICH STUDENTS RECEIVE THE SCHOLARSHIPS PROVIDED BY THESE FUNDS. THE TRUSTEE WORKS WITH EACH NAMED BENEFICIARY TO ENSURE THAT THEY HAVE A SIGNIFICANT VOICE IN THE OPERATIONS OF THE TRUST. FORM 990, PART VI, SECTION A, LINE 11B YES, THE ADMINISTRATOR FOR THE TRUST REVIEWS AND SIGNS FORM 990 AS REQUIRED BY INTERNAL BANK POLICIES. FORM 990, PART VI, SECTION B, LINE 12C FROST BANK HAS A WRITTEN CONFLICT OF INTEREST POLICY. BANK POLICY REQUIRES ALL OFFICERS AND DIRECTORS TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. THE BANK INTERNAL POLICIES ARE REGULARLY AND CONSISTENTLY MONITORED FOR COMPLIANCE AND ENFORCEMENT BY INTERNAL AND EXTERNAL AUDITORS. FROST BANK HAS A WRITTEN WHISTLEBLOWER POLICY AND A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. COMPENSATION FOR THE TRUSTEE IS EITHER SET BY THE GOVERNING DOCUMENT OR REFLECT CHARGES THAT ARE NORMAL AND CUSTOMARY AS ESTABLISHED BY THE BANK FOR SIMILAR ACCOUNTS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF FORM 1023, TRUST GOVERNING DOCUMENTS, TAX RETURNS, AND FINANCIAL REPORTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. A COPY OF THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VIII - INVESTMENT INCOME DIVIDEND INCOME 201,311 SHORT TERM CAPITAL GAIN DISTRIBUTIONS 13,337 --------------------------------------------------------