THE CULLEN FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE CULLEN FOUNDATION (EIN 76-0647361)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-13
- IRS object ID
- 202023189349103227
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- 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 | 2020-11-13T13:25:30-08:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 77027 | 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 | 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 | 2020-11-13 | 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 |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $336,507,791 | 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 | $157,206 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $157,206 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,467,757 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,467,757 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $22,834,936 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $116,973,251 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $20,426,560 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,564,550 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,511,131 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $27,024,449 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $24,562,654 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $630,685 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $189,206 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $441,480 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $250,144 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $80,960 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $160,144 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $194,787 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $61,795 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $132,992 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $19,760 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $19,760 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $28,975 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,487 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $14,488 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,351,738 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,333,937 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $17,800 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $727,259 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $10,228 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $20,054 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $5,911 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $69,677 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $20,206 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $49,471 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $22,069 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $5,432 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $16,162 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $251,440 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $193,696 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $57,744 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,566,588 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,913,858 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $910,041 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $15,022,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $15,022,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $18,588,588 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,913,858 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $15,932,041 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $8,435,861 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $22,648,796 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $386,599 | CashBOYAmt |
| Cash EOY | $168,040 | CashEOYAmt |
| Cash EOYFMV | $168,040 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $10,052,016 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,716,971 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,716,971 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $94,334,465 | CorporateStockBOYAmt |
| Corporate Stock EOY | $58,088,675 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $81,468,314 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOY | $9,984,554 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $9,911,244 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOYFMV | $277,580 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $163,140,680 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $206,411,435 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $242,830,600 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $192,542 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $57,500 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $155,096 | LandBOYAmt |
| Land EOY | $135,042 | LandEOYAmt |
| Land EOYFMV | $135,042 | LandEOYFMVAmt |
| Total Assets BOY | $268,068,856 | TotalAssetsBOYAmt |
| Total Assets EOY | $276,504,717 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $336,507,791 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $5,367,756 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,367,756 | CapitalStockEOYAmt |
| Retained Earning BOY | $262,701,100 | RetainedEarningBOYAmt |
| Retained Earning EOY | $271,136,961 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $268,068,856 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $276,504,717 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $268,068,856 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $276,504,717 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $268,068,856 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $8,435,861 | ExcessRevenueOverExpensesAmt |
| Subtotal | $276,504,717 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $276,504,717 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly traded securities | $113,135,189 | $92,396,383 | $20,738,806 | $20,738,806 | |||
| Passthrough K-1 capital loss | $1,384,791 | $1,384,791 | $1,384,791 | ||||
| Loss on redempt of OCM IVb | $98 | -$98 | -$98 | P | 2019-01-01 | 2019-01-01 | |
| Gain on redempt of OCM POF III | $44,269 | $44,269 | $44,269 | P | 2019-01-01 | 2019-01-01 | |
| Loss on redempt of LSV Intl Small Cap | $42,671 | -$42,671 | -$42,671 | P | 2019-01-01 | 2019-01-01 | |
| Gain on redempt of Stelliam Opp Fd | $626 | $626 | $626 | P | 2019-01-01 | 2019-01-01 | |
| Loss on redempt of Stelliam Offshore Fd | $1,699,163 | -$1,699,163 | -$1,699,163 | P | 2019-01-01 | 2019-01-01 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $20,426,560 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $12,480,906 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $304,928,482 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04093 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $15,106,647 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $301,278,304 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05014 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $12,860,161 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $266,644,403 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04823 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $13,107,461 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $274,395,585 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04777 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $12,699,181 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $277,211,792 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04581 | DistributionYr5Rt |
| Total Distribution | 0.232881 | TotalDistributionRt |
| Average Distribution | 0.046576 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $322,530,583 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $15,022,184 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $226,488 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $15,248,672 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $15,932,041 | 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 | $226,488 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $226,488 | SubtotalAmt |
| Tax Based On Investment Income | $226,488 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $249,793 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $249,793 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $23,305 | OverpaymentAmt |
| Applied To ES Tax | $23,305 | 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 | Yes (true) | 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 |
| 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 (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 | $417,635 | $58,750 |
| Laura Chapman | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Vice President | 40.00 | $213,050 | $27,044 |
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 | $180,000 | $42,587 |
| Gina McEvily | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Grant admin | 33.00 | $70,144 | $17,467 |
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 | $157,427 |
| LSV International Small Cap Equity Fund LP | |||||
| 155 North Wacker Drive Ste 4600 | Chicago | IL | 60603 | Investment mgmt | $85,190 |
| The Silchester Intl Investors Intl Val Eqty | |||||
| 780 Third Avenue 42nd Floor | New York | NY | 10017 | Investment mgmt | $79,178 |
| Fayez Sarofim & Co | |||||
| 909 Fannin Ste 2907 | Houston | TX | 77010 | Investment mgmt | $61,302 |
| Albourne America LLC | |||||
| 655 Montgomery St Ste 1910 | San Francisco | CA | 94111 | Investment advisory | $120,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $123,247,873 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,817,352 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $197,376,991 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $327,442,216 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $327,442,216 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,911,633 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $322,530,583 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $16,126,529 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $16,126,529 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $226,488 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $468,589 | IncomeTaxAmt |
| Total Tax | $695,077 | TotalTaxAmt |
| Distributable Before Adj | $15,431,452 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $15,431,452 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $15,431,452 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $15,932,041 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $15,932,041 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $226,488 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $15,705,553 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $15,431,452 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,875,161 | UndistributedIncomePYAmt |
| Qualifying Distributions | $15,932,041 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,875,161 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $12,056,880 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $3,374,572 | 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 | $15,022,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $15,022,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Texas Children's Hospital | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1919 S Braeswood Blvd Ste 5214 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77030 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | The Cullen Foundation Distinguished Endowed Chair at the Jan and Dan Duncan Neurological Research Institute | GrantOrContributionPurposeTxt |
| Amt | $1,500,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,500,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $157,206 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,467,757 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $2,408,376 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $20,426,560 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| Commission recapture | 1 | $4,999 | ||
| Oil & gas royalties | 15 | $169,738 | ||
| Passthrough K-1 Income | 14 | $1,306,844 | 525990 | $82,969 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $2,491,345 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $24,533,104 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $27,024,449 | 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 | $19,671 | $9,835 | $0 | $9,836 |
| Tax compliance | $9,304 | $2,652 | $0 | $4,652 |
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 | $13,524 | SL | 5.0000 | $4,106 | $1,189 |
| Leasehold improvements | 2017-04-01 | $100,442 | $10,044 | SL | 15.0000 | $6,696 | $1,942 |
| Furniture | 2017-01-01 | $64,765 | $13,878 | SL | 7.0000 | $9,252 | $2,780 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | Gross Sales PriceGrossSalesPriceAmt | Basis MethodBasisMethodTxt | Total NetTotalNetAmt | How AcquiredHowAcquiredTxt |
|---|---|---|---|---|
| Passthrough - LT capital gain - UBTI | $7,208 | Cost | $7,208 | |
| Passthrough 1231 capital gain - UBTI | $2,401,168 | Cost | $2,401,168 | Purchase |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Pimco Short Term Fund Instl | BondNm |
| EOY Book Value | $9,984,554 | EOYBookValueAmt |
| EOYFMV | $9,911,244 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (102 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1100 shs Canadian Pac RY Ltd Com Npv | $139,149 | $280,445 |
| 6350 shs Novo-Nordisk A S ADR | $86,075 | $367,538 |
| 1400 shs Asml Hldg NV NY Reg 2012 | $142,010 | $414,316 |
| 3930 shs Nestle S A Sponsored Adr Repstg | $161,002 | $425,462 |
| 9660 shs Roche Hldg Ltd Sponsored ADR | $197,961 | $392,776 |
| 2800 shs United Mandatory Exchange Com | $379,792 | $419,328 |
| 3560 shs Abbott Lab Com | $128,233 | $309,222 |
| 3370 shs Abbvie Inc Com | $79,283 | $298,380 |
| 1000 shs Air Prod & Chem Inc Com | $156,680 | $234,990 |
| 650 shs Alphabet Inc Cap | $515,430 | $869,063 |
| 6770 shs Altria Group Inc Com | $70,596 | $337,891 |
| 465 shs Amazon Com Inc Com | $862,411 | $859,246 |
| 3150 shs American Express Co | $265,189 | $392,144 |
| 4830 shs Apple Inc Com | $137,883 | $1,418,330 |
| 850 shs Automatic Data Processing Inc | $31,906 | $144,925 |
| 1050 shs Blackrock Inc Com | $327,033 | $527,835 |
| 105 shs Booking Hldgs Inc Com | $202,634 | $215,642 |
| 1700 shs Broadridge Finl Solutions Inc | $209,825 | $210,018 |
| 3560 shs Chevron Corp Com | $193,571 | $429,016 |
| 2350 shs Chubb Ltd Ord | $243,923 | $365,801 |
| 9320 shs Coca Cola Co Com | $232,497 | $515,862 |
| 11780 shs Comcast Corp New-Cl A | $377,968 | $529,747 |
| 3560 shs Conocophillips Com | $100,644 | $231,507 |
| 2700 shs Estee Lauder Companies Inc | $229,689 | $557,658 |
| 6910 shs Exxon Mobil Corp Com | $474,253 | $482,180 |
| 5650 shs Facebook Inc Com Cl 'A' | $786,370 | $1,159,663 |
| 2850 shs Intercontinental Exchange Inc | $133,878 | $263,768 |
| 925 shs Intuitive Surgical Inc Com New | $277,924 | $546,814 |
| 5358 shs Jpmorgan Chase & Co Com | $204,119 | $746,905 |
| 850 shs Mastercard Inc Cl A | $189,124 | $253,802 |
| 1820 shs Mc Donalds Corp Com | $105,810 | $359,650 |
| 10250 shs Microsoft Corp Com | $602,285 | $1,616,425 |
| 3900 shs Nike Inc Cl B | $217,806 | $395,109 |
| 2150 shs Pepsico Inc Com | $121,555 | $293,841 |
| 6280 shs Philip Morris Intl Com Stk Npv | $243,529 | $534,365 |
| 2700 shs Progressive Corp Oh Com | $200,934 | $195,453 |
| 1800 shs S&P Global Inc Com | $423,809 | $491,490 |
| 450 shs Sherwin-Williams Co Com | $205,006 | $262,593 |
| 4640 shs Texas Instruments Inc Com | $121,199 | $595,266 |
| 2850 shs Union Pac Corp Com | $302,940 | $515,252 |
| 2850 shs Unitedhealth Group Inc Com | $679,725 | $837,843 |
| 1600 shs Verisk Analytics Inc | $158,276 | $238,944 |
| 3700 shs Visa Inc Com Cl A | $290,606 | $695,230 |
| 3858 shs Walt Disney Co | $388,959 | $557,983 |
| 2631 shs Firstservice Corp Com Npv | $223,523 | $244,788 |
| 2502 shs Restaurant Brands Intl Inc Com | $135,320 | $159,553 |
| 1669 shs Icon Plc Com | $88,358 | $287,452 |
| 5395 shs Inmode Ltd Com | $163,724 | $211,484 |
| 12256 shs Nomad Foods Limited Com | $236,086 | $274,167 |
| 2479 shs Iberiabank Corp Mrgr First Hold | $204,297 | $185,504 |
| 2467 shs Addus Homecare Corp Com | $153,746 | $239,842 |
| 1834 shs Advance Auto Pts Inc Com | $323,288 | $293,733 |
| 2812 shs Affiliated Managers Group Inc | $236,795 | $238,289 |
| 2063 shs Akamai Technologies Inc Com | $129,033 | $178,202 |
| 1064 shs Bio Rad Labs Inc Cl A | $328,808 | $393,712 |
| 18260 shs Bjs Whsl Club Hldgs Inc Com | $464,561 | $415,232 |
| 30881 shs Celsius Hldgs Inc Com New Com | $139,711 | $149,155 |
| 4069 shs Church & Dwight Inc | $203,634 | $286,213 |
| 12842 shs Colfax Corp Com Us | $383,338 | $467,192 |
| 2296 shs Coresite Rlty Corp Com Coresite | $88,035 | $257,428 |
| 2764 shs Employers Hldgs Inc Com | $122,017 | $115,397 |
| 2154 shs Euronet Worldwide Inc Com | $202,481 | $339,384 |
| 3542 shs Firstcash Inc Com | $188,147 | $285,591 |
| 1828 shs Fleetcor Technologies Inc Com | $283,878 | $525,952 |
| 7070 shs Healthcare Svcs Group Inc Com | $243,014 | $171,942 |
| 8579 shs Home Bancshares Inc Com | $164,882 | $168,663 |
| 14818 shs Inovalon Hldgs Inc Com Cl A | $204,080 | $278,875 |
| 4073 shs J2 Global Inc Com | $376,371 | $381,681 |
| 3442 shs Landstar Sys Inc Com | $362,321 | $391,941 |
| 3827 shs Lgi Homes Inc Com | $220,215 | $270,378 |
| 201 shs Markel Corp Holding Co Com | $228,757 | $229,777 |
| 1966 shs Marriott Vacations Worldwide Co | $238,748 | $253,142 |
| 7521 shs National Storage Affiliates Tr | $218,024 | $252,856 |
| 1576 shs Old Dominion Freight Line Inc C | $198,632 | $299,093 |
| 3533 shs Ollies Bargain Outlet Hldgs Inc | $149,415 | $230,740 |
| 9308 shs Onespaworld Hldgs Ltd | $125,133 | $156,747 |
| 19839 shs Parsley Energy Inc Cl A Cl A | $421,200 | $375,155 |
| 2787 shs Perkinelmer Inc Com | $240,592 | $270,618 |
| 2205 shs Post Hldgs Inc Com | $206,686 | $240,566 |
| 3934 shs Pra Health Sciences Inc | $338,956 | $437,264 |
| 3522 shs Prosperity Bancshares Inc | $257,445 | $253,197 |
| 18218 shs Radiant Logistics Inc Com | $113,537 | $101,474 |
| 3206 shs Ryman Hospitality Pptys Inc | $218,337 | $277,832 |
| 42652 shs Sandstorm Gold Ltd Com New | $260,039 | $317,757 |
| 23947 shs Solaris Oilfield Infrastructur | $368,402 | $335,258 |
| 3891 shs Stericycle Inc Com | $238,952 | $248,285 |
| 1602 shs Svb Financial Group Com | $322,254 | $402,166 |
| 760 shs Teleflex Inc Com | $229,954 | $286,094 |
| 2210 shs Thor Inds Inc Com | $162,303 | $164,181 |
| 2053 shs Toro Co Com | $159,595 | $163,563 |
| 5219 shs Tradeweb Mkts Inc Cl A | $244,011 | $241,901 |
| 3178 shs Transunion Com | $121,921 | $272,069 |
| 3294 shs United Rentals Inc | $412,655 | $549,340 |
| 1814 shs Unvl Health Services Inc Cl B C | $240,818 | $260,236 |
| 7306 shs Upland Software Inc Com | $221,345 | $260,897 |
| 6827 shs Webster Fncl Corp Waterbury Con | $346,867 | $364,289 |
| 4778 shs Western Alliance Bancorporation | $236,336 | $272,346 |
| 1157 shs Wex Inc Com | $235,872 | $242,345 |
| 253 shs White Mountains Insurance Group | $243,183 | $282,216 |
| 2206 shs Mfc Spdr Ser Tr S&P Biotech Etf | $131,469 | $209,813 |
| 216000 shs China Hongxing Spo | $1 | $1 |
| 173683.41 shs NTGI-Qm Daily Russell 1000 | $33,488,082 | $44,215,628 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (28 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AKO European Long-Only Fund Ltd | AT COST | $20,000,000 | $26,363,932 |
| Blackgold Private Energy Partners LP | AT COST | $6,075,580 | $5,749,892 |
| Cedar Rock Capital Partners LLC | AT COST | $21,454,387 | $23,610,523 |
| Cevian Capital II Ltd | AT COST | $12,000,000 | $12,227,256 |
| Coatue Offshore Fund Ltd | AT COST | $18,000,000 | $17,834,463 |
| CREA Partners II LP | AT COST | $8,418,924 | $7,947,778 |
| Diameter Offshore Fund LP | AT COST | $10,000,000 | $10,254,343 |
| Eminence Fund Ltd | AT COST | $20,000,000 | $26,769,535 |
| Encap Flatrock Midstream Fund II-C LP | AT COST | $1,946,456 | $1,543,133 |
| GSR 2017 Opportunities Fund LP | AT COST | $256,986 | $287,499 |
| GSR Ventures VI LP | AT COST | $447,530 | $489,875 |
| GSR Zebra SPV LP | AT COST | $154,823 | $200,351 |
| Highland Cap Invs Corp Hldg (Red River) | AT COST | $803,114 | $1 |
| IR&M Core Plus Bond Fund LLC | AT COST | $20,011,044 | $20,006,713 |
| Merit Energy Partners K LP | AT COST | $1,043,977 | $1,028,091 |
| Oaktree Mezzanine Fund III LP | AT COST | $6,334 | $14,744 |
| OCM Opportunities Fund IV-B LP | AT COST | $160 | $1 |
| OCM Opportunities Fund VIIB LP | AT COST | $275,375 | $136,071 |
| SCF-IX LP | AT COST | $864,457 | $1,002,433 |
| Silchester Intl Investors Intl Val Eqty | AT COST | $26,493,518 | $27,956,290 |
| Silver Point Distressed Opp Instl Pts | AT COST | $242,303 | $155,096 |
| Stonelake Opportunity Partners II LP | AT COST | $987,335 | $6,918,879 |
| Stonelake Opportunity Partners III LP | AT COST | $2,908,180 | $11,041,720 |
| Stonelake Opportunity Partners IV LP | AT COST | $5,445,582 | $7,301,015 |
| Stonelake Opportunity Partners V LP | AT COST | $1,575,370 | $1,774,735 |
| Tremblant Long Fund Ltd | AT COST | $15,000,000 | $18,369,988 |
| ValueAct Capital Intl II LP | AT COST | $12,000,000 | $13,483,437 |
| Accrued Income | AT COST | $362,806 |
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 | $23,130 | $41,634 | $41,634 |
| Machinery and Equipment | $27,336 | $17,630 | $9,706 | $9,706 |
| Improvements | $100,442 | $16,740 | $83,702 | $83,702 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal fees | CategoryTxt |
| Legal Fees | $19,760 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $19,760 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Bank charges | $2,740 | $877 | $1,863 |
| Bank custodial fees | $142,192 | $142,192 | |
| Dues and subscriptions | $7,777 | $1,288 | $6,489 |
| Insurance | $23,094 | $7,390 | $15,704 |
| Oil & gas other deductions | $25,512 | $25,512 | |
| Other administrative expenses | $12,927 | $4,137 | $8,790 |
| Other investment fees | $583 | $583 | |
| Repairs/maintenance | $1,453 | $465 | $988 |
| Supplies | $10,694 | $3,422 | $7,272 |
| Technology | $24,468 | $7,830 | $16,638 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Commission recapture | $4,999 | $4,999 |
| Oil & gas royalties | $169,738 | $169,738 |
| Passthrough K-1 Income | $1,389,813 | $1,336,394 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Appraisal and env study fees | $12,230 | $0 | $0 | $12,230 |
| Investment consulting fees | $120,000 | $120,000 | $0 | $0 |
| Investment management fees | $1,211,316 | $1,211,316 | $0 | $0 |
| Payroll services | $8,192 | $2,621 | $0 | $5,570 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Ad valorem taxes | $4,148 | $4,148 |
| Excise tax | $112,031 | |
| Income tax | $605,000 | |
| O & G production taxes | $6,080 | $6,080 |
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 | $3,864,244 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,864,244 | TotalAmt |