DAN L DUNCAN FAMILY FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: DAN L DUNCAN FAMILY FOUNDATION (EIN 20-0265572)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-13
IRS object ID: 201933179349101643
Schema version: 2018v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Legal Fees Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-13T14:04:36-06:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420714325	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RSM US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1330 POST OAK BLVD SUITE 2400	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77056	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	200265572	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DAN L DUNCAN FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	DANL	BusinessNameControlTxt
Phone	7133816593	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 4735	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77210	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LAURA LIANG	PersonNm
Person Title	VICE PRESIDENT	PersonTitleTxt
Phone	7133816593	PhoneNum
Signature	2019-11-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CHRISTOPHER KUTAC	PreparerPersonNm
PTIN	P01407023	PTIN
Phone	7136253500	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	165.225.34.153	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-11-13	IPDt
IP Tm	14:04:29	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	E8313A526E2ABDEF2688233EA8ECA4DE64ED37A1	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-03-31 21:24:44Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$485,821,119	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$15,595,896	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$24,386	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$24,386	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$10,622,549	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$10,622,549	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$15,968,476	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$175,021,463	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$15,968,476	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$4,420,830	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$4,409,111	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$46,632,137	TotalRevAndExpnssAmt
Total Net Invst Incm	$31,024,522	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$61,066	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$61,066	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$6,197	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$3,099	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$3,098	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$435,556	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$435,556	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$1,073,230	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$231,344	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$1,454,407	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$1,277,754	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$8,800	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$3,030,456	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$1,947,753	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$72,964	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$6,357,751	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$6,357,751	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$9,388,207	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$1,947,753	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$6,430,715	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$37,243,930	ExcessRevenueOverExpensesAmt
Net Investment Income	$29,076,769	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$13,957,831	CashBOYAmt
Cash EOY	$227,936	CashEOYAmt
Cash EOYFMV	$227,936	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$11,329,103	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$22,624,105	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$22,624,105	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$701,680	AcctRcvblAmt
Acct Rcvbl EOY	$701,680	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$701,680	AcctRcvblEOYFMVAmt
US Government Obligations BOY	$104,051,222	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$57,079,065	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$53,198,898	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$179,222,314	CorporateStockBOYAmt
Corporate Stock EOY	$196,869,735	CorporateStockEOYAmt
Corporate Stock EOYFMV	$198,998,869	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$26,081,787	CorporateBondsBOYAmt
Corporate Bonds EOY	$0	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$0	CorporateBondsEOYFMVAmt
Other Investments BOY	$104,585,575	OtherInvestmentsBOYAmt
Other Investments EOY	$198,494,435	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$210,069,631	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$439,227,832	TotalAssetsBOYAmt
Total Assets EOY	$475,996,956	TotalAssetsEOYAmt
Total Assets EOYFMV	$485,821,119	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$439,227,832	RetainedEarningBOYAmt
Retained Earning EOY	$475,996,956	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$439,227,832	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$475,996,956	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$439,227,832	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$475,996,956	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$439,227,832	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$37,243,930	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$476,471,762	SubtotalAmt
Other Decreases	$474,806	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$475,996,956	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Gross Sales PriceGrossSalesPriceAmt
PASSTHROUGH ST GAIN	P	$1,406,269	-$1,406,269	-$1,406,269
PASSTHROUGH LT GAIN	P		$1,303,613	$1,303,613	$1,303,613
BROKERAGE ACCOUNTS - ST		$26,724,561	$2,403,868	$2,403,868	$29,128,429
BROKERAGE ACCOUNTS - LT		$130,922,157	$13,663,484	$13,663,484	$144,585,641
BROKERAGE ACCOUNTS - CAPITAL GAIN DISTRIBUTION			$3,780	$3,780	$3,780

Field	Value	IRS element (for citing)
Capital Gain Net Income	$15,968,476	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$997,599	NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$21,390,918	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$436,223,913	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.049037	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$2,030,121	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$168,024,949	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.012082	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$1,041	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$10,825	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.096166	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$218	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$6,481	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.033637	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$238	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$6,743	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.035296	DistributionYr5Rt
Total Distribution	0.226218	TotalDistributionRt
Average Distribution	0.045244	AverageDistributionRt
Net Vl Noncharitable Assets	$485,426,032	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$21,962,615	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$290,768	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$22,253,383	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$6,430,715	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$581,535	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$581,535	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$581,535	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$514,485	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$67,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$581,485	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$956	EsPenaltyAmt
Tax Due	$1,006	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	TX	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	Yes (1)	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	LAURA LIANG	IndividualWithBooksNm
Phone	7133816593	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	DUNCAN FAMILY OFFICE1100 LOUISIANA	AddressLine1Txt
Address Line2	ST	AddressLine2Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77002	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	Yes (1)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 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
RANDA DUNCAN WILLIAMS
PO BOX 4735	HOUSTON	TX	77210	CHAIR/PRES/DIR	0.50	$0	$0	$0
RICHARD H BACHMANN
PO BOX 4735	HOUSTON	TX	77210	VICE PRES/DIR	0.50	$0	$0	$0
DANNINE GALE DUNCAN
PO BOX 4735	HOUSTON	TX	77210	VICE PRES/DIR	0.50	$0	$0	$0
MILANE DUNCAN FRANTZ
PO BOX 4735	HOUSTON	TX	77210	VICE PRES/DIR	0.50	$0	$0	$0
SCOTT D DUNCAN
PO BOX 4735	HOUSTON	TX	77210	VICE PRES/DIR	0.50	$0	$0	$0
W RANDALL FOWLER
PO BOX 4735	HOUSTON	TX	77210	EXECUTIVE VICE PRESIDENT	0.50	$0	$0	$0
GREGG HAMMER
PO BOX 4735	HOUSTON	TX	77210	SVP/CIO	0.50	$0	$0	$0
LAURA LIANG
PO BOX 4735	HOUSTON	TX	77210	VP/CGO/ASST SEC	0.50	$0	$0	$0
HARRY P WEITZEL
PO BOX 4735	HOUSTON	TX	77210	SVP/SEC/GEN COUN	0.50	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
NORTHERN TRUST
50 S LASALLE STREET	CHICAGO	IL	60675	INVESTMENT CUSTODY	$174,876
POLEN GROWTH
1825 NW CORPORATE BLVD 300	BOCA RATON	FL	33431	INVESTMENT MANAGEMENT	$172,736
MACQUARIE INVESTMENT MANAGEMENT ADVISERS
2005 MARKET STREET	PHILADELPHIA	PA	191037094	INVESTMENT MANAGEMENT	$163,864
MORGAN STANLEY
1300 THAMES STREET WARF 4TH FLOOR	BALTIMORE	MD	212319907	INVESTMENT MANAGEMENT	$67,527
MCDERMOTT WILL & EMERY
444 WEST LAKE STREET SUITE 4000	CHICAGO	IL	606060029	LEGAL	$60,535

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$328,604,714	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$12,159,721	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$152,053,872	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$492,818,307	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$492,818,307	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$7,392,275	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$485,426,032	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$24,271,302	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$24,271,302	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$581,535	TaxBasedOnInvestmentIncomeAmt
Total Tax	$581,535	TotalTaxAmt
Distributable Before Adj	$23,689,767	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$23,689,767	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$23,689,767	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$6,430,715	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$6,430,715	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$6,430,715	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$23,689,767	DistributableAsAdjustedAmt
Undistributed Income PY	$6,357,751	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$6,430,715	QualifyingDistributionsAmt
Applied To Year1	$6,357,751	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$72,964	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$23,616,803	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (40 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
AID TO VICTIMS OF DOMESTIC ABUSE
1001 TEXAS AVENUE SUITE 600	HOUSTON	TX	77002	N/A	PC	SOCIAL SERVICES	$161,859
ARROW CHILD & FAMILY MINISTRIES
2929 FM 2920	SPRING	TX	77388	N/A	PC	SOCIAL SERVICES	$5,000
AUSTIN COLLEGE
900 N GRAND AVE	SHERMAN	TX	75090	N/A	PC	EDUCATIONAL SERVICES	$10,000
BOYS & GIRLS HARBOR
PO BOX 848	HOUSTON	TX	770010848	N/A	PC	SOCIAL SERVICES	$5,000
CAMP ARANZAZU
8945 LONG POINT RD STE 200	HOUSTON	TX	77055	N/A	PC	SOCIAL SERVICES	$5,000
CONCORDIA UNIVERSITY TEXAS
11400 CONCORDIA UNIVERSITY DR	AUSTIN	TX	78726	N/A	PC	EDUCATIONAL SERVICES	$10,000
EPISCOPAL HIGH SCHOOL
4650 BISSONNET	BELLAIRE	TX	77401	N/A	PC	EDUCATIONAL SERVICES	$10,000
GENESYS WORKS
14400 MEMORIAL DR STE 200	HOUSTON	TX	77079	N/A	PC	SOCIAL SERVICES	$50,000
GRACEWOOD INC
1617 ELMVIEW DRIVE	HOUSTON	TX	77080	N/A	PC	SOCIAL SERVICES	$55,000
GREATER HOUSTON COMMUNITY FOUNDATION
5120 WOODWAY DRIVE SUITE 6000	HOUSTON	TX	77056	N/A	PC	EDUCATION AND SUPPORT OF THE HOUSTON COMMUNITY	$3,178,876
HERMANN PARK CONSERVANCY
1700 HERMANN DRIVE	HOUSTON	TX	77004	N/A	PC	ENVIRONMENTAL SERVICES	$800,000
HOUSTON ARBORETUM AND NATURE CENTER
4501 WOODWAY DR	HOUSTON	TX	77024	N/A	PC	ENVIRONMENTAL SERVICES	$150,000
HOUSTON MUSEUM OF NATURAL SCIENCE
ONE HERMANN CIRCLE DRIVE	HOUSTON	TX	77030	N/A	PC	EDUCATION AND HISTORICAL PRESERVATION	$12,500
HOUSTON ZOO INC
1513 CAMBRIDGE	HOUSTON	TX	77030	N/A	PC	ANIMAL AND WILDLIFE HABITAT CONSERVATION	$263,524
K-9 ANGELS RESCUE
9415 WINSOME LANE	HOUSTON	TX	77063	N/A	PC	ANIMAL PROTECTION AND WELFARE	$5,000
KIPP INC
10711 KIPP WAY ST	HOUSTON	TX	77009	N/A	PC	EDUCATIONAL SERVICES	$200,000
MD ANDERSON CANCER CENTER
PO BOX 4486	HOUSTON	TX	77210	N/A	GOV	MEDICAL PROGRAMS	$5,000
MEMORIAL HERMANN FOUNDATION
929 GESSNER SUITE 2650	HOUSTON	TX	77024	N/A	SO I	MEDICAL PROGRAMS	$150,000
MENIL FOUNDATION INC
1427 BRANARD STREET	HOUSTON	TX	77006	N/A	PC	ARTS EDUCATION	$250,000
RIVER OAKS BAPTIST SCHOOL
2300 WILLOWICK RD	HOUSTON	TX	77027	N/A	PC	EDUCATIONAL SERVICES	$5,000
RONALD MCDONALD HOUSE OF HOUSTON
1907 HOLCOMBE BOULEVARD	HOUSTON	TX	77030	N/A	PC	SOCIAL SERVICES	$200,000
SAN ANTONIO AREA FOUNDATION
303 PEARL PARKWAY SUITE 114	SAN ANTONIO	TX	78215	N/A	PC	EDUCATIONAL SERVICES	$22,500
SETON HAYS FOUNDATION
6001 KYLE PARKWAY	KYLE	TX	78640	N/A	PC	MEDICAL PROGRAMS	$150,000
SMALL STEPS NURTURNG CENTER
2902 JENSEN DRIVE	HOUSTON	TX	77026	N/A	PC	SOCIAL SERVICES	$105,000
SPRING SPIRIT
PO BOX 550549	HOUSTON	TX	77255	N/A	PC	SOCIAL SERVICES	$125,000
TAHIRIH JUSTICE CENTER
1717 ST JAMES PLACE SUITE 450	HOUSTON	TX	77056	N/A	PC	SOCIAL SERVICES	$5,000
THE CAROLINE SCHOOL - EASTER SEALS OF GREATER HOUSTON
4500 BISSONNET ST 340	BELLAIRE	TX	77401	N/A	PC	EDUCATIONAL SERVICES	$50,000
THEATER UNDER THE STARS INC
800 BAGBY SUITE 200	HOUSTON	TX	77002	N/A	PC	PERFORMING ARTS AND ARTS EDUCATION	$61,492
TRINITY OAKS ENTERPRISES
9385 MILLER LANE	SAN ANTONIO	TX	78266	N/A	PC	SOCIAL SERVICES	$5,000
WILLIAM A LAWSON INSTITUTE FOR PEACE AND PROSPERITY
5220 SCOTT STREET UNIT 108	HOUSTON	TX	77004	N/A	PC	SOCIAL SERVICES	$50,000
YMCA OF GREATER HOUSTON
2600 NORTH LOOP WEST SUITE 300	HOUSTON	TX	77092	N/A	PC	SOCIAL SERVICES	$100,000
CITIZENS FOR ANIMAL PROTECTION
17555 KATY FWY	HOUSTON	TX	770941309	N/A	PC	ANIMAL PROTECTION AND WELFARE	$5,000
GALVESTON ISLAND HUMANE SOCIETY
6814 BROADWAY ST	GALVESTON	TX	775548908	N/A	PC	ANIMAL PROTECTION AND WELFARE	$5,000
PARTNERSHIP FOR THE ADVANCEMENT AND IMMERSION OF REFUGEES
3300 CHIMNEY ROCK SUITE 105	HOUSTON	TX	77056	N/A	PC	SOCIAL SERVICES	$5,000
PEARLAND ISD EDUCATION FOUNDATION
1928 N MAIN ST	PEARLAND	TX	77581	N/A	PC	EDUCATIONAL SERVICES	$5,000
STUFF THE SLEIGH
PO BOX 342	KATY	TX	77492	N/A	PC	SOCIAL SERVICES	$5,000
TEXAS STATE HISTORY MUSEUM FOUNDATION
PO BOX 12456	AUSTIN	TX	78711	N/A	PC	EDUCATION AND HISTORICAL PRESERVATION	$67,000
THE RISE SCHOOL
5618 H MARK CROSSWELL JR ST	HOUSTON	TX	770211079	N/A	PC	EDUCATIONAL SERVICES	$25,000
UNIVERSITY OF TEXAS FOUNDATION
PO BOX 250	AUSTIN	TX	787670250	N/A	PC	EDUCATIONAL SERVICES	$10,000
WEST UNIVERSITY METHODIST CHURCH
3611 UNIVERSITY BOULEVARD	HOUSTON	TX	77005	N/A	PC	CAPITAL CAMPAIGN	$25,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$6,357,751	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE CAROLINE SCHOOL - EASTER SEALS OF GREATER HOUSTON	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	4500 BISSONNET ST 340	AddressLine1Txt
City	BELLAIRE	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77401	ZIPCd

Field	Value	IRS element (for citing)
Recipient Relationship	N/A	RecipientRelationshipTxt
Recipient Foundation Status	PC	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	EDUCATIONAL SERVICES	GrantOrContributionPurposeTxt
Amt	$50,000	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$50,000	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$24,386	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$10,622,549	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	15	ExclusionCd
Exclusion	$4,582,595	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$15,968,476	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	PASSTHROUGH K-1 INCOME - UBTI	Desc
Business	525990	BusinessCd
Unrelated Business Taxbl Incm	-$161,765	UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	-$161,765	UnrelatedBusinessTaxblIncmAmt
Exclusion	$31,198,006	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$31,036,241	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ESTATE OF DAN L DUNCAN	BusinessNameLine1Txt

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 4735	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77210	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$15,595,896	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	TAX PLANNING AND COMPLIANCE	CategoryTxt
Amt	$6,197	Amt
Net Investment Income	$3,099	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$3,098	DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (58 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ABBOTT LAB	$611,243	$1,135,581
ACCENTURE PLC SHS CL A	$1,066,059	$1,287,985
ADOBE SYS INC	$949,747	$1,632,774
ADR NESTLE SA	$860,537	$959,538
ALIGN TECHNOLOGY INC	$284,479	$592,477
ALLSTATE CORP	$768,052	$884,141
ARCHER-DANIELS-MIDLAND CO	$984,599	$921,825
AT&T INC	$1,193,918	$899,010
AUTOMATIC DATA PROCESSING INC	$1,288,426	$1,693,939
BANK NEW YORK MELLON CORP	$836,028	$922,572
BB&T CORP	$811,695	$879,396
CARDINAL HLTH INC	$1,399,539	$923,220
CISCO SYSTEMS INC	$715,906	$1,018,255
CONOCOPHILLIPS	$651,047	$916,545
CVS HEALTH CORP	$1,157,223	$936,936
DOLLAR GEN CORP NEW	$1,060,024	$1,355,972
DOLLAR TREE INC	$911,400	$1,083,840
DOWDUPONT INC	$908,801	$895,523
EDISON INTL	$1,206,201	$993,475
EQTY RESDNTL EFF	$993,227	$1,038,733
FACEBOOK INC CL A CL A	$1,817,992	$1,723,440
GARTNER INC	$881,520	$1,023,487
HALLIBURTON CO	$1,292,766	$805,374
INTEL CORP	$788,648	$1,018,381
JOHNSON & JOHNSON	$904,893	$993,685
LOWES COS INC	$716,689	$951,308
MARATHON OIL CORP	$889,936	$854,090
MARSH & MCLENNAN CO'S INC	$829,242	$988,900
MASTERCARD INC CL A	$443,704	$784,029
MERCK & CO INC NEW	$869,133	$1,115,586
MICROSOFT CORP	$2,167,063	$2,539,555
MONDELEZ INTL INC	$1,077,870	$1,008,756
NIKE INC CL B	$1,080,940	$1,479,390
NORTHROP GRUMMAN CORP	$924,820	$955,110
NT EAFE EQUITY INDEX FUND	$51,376,232	$55,145,254
NT RUSSELL 3000 INDEX FUND	$26,292,585	$31,685,821
O REILLY AUTOMOTIVE INC	$1,144,183	$1,727,159
OCCIDENTAL PETROLEUM CORP	$933,730	$828,630
ORACLE CORP	$907,520	$1,024,905
ORACLE CORP	$1,009,638	$1,044,545
PFIZER INC	$807,093	$1,095,615
QUEST DIAGNOSTICS INC	$900,527	$882,662
RAYTHEON CO	$860,833	$904,765
REGENERON PHARMACEUTICALS INC	$947,916	$958,775
STARBUCKS CORP	$1,205,065	$1,445,007
VERIZON COMMUNICATIONS	$931,879	$1,056,936
VISA INC CL A STK	$1,275,258	$1,998,759
WASTE MGMT INC	$789,005	$1,085,678
ZOETIS INC	$1,241,622	$1,402,343
AMERICAN INTERNATIONAL GROUP	$1,219,580	$934,017
BOOKING HOLDINGS INC	$600,690	$632,128
CIGNA CORP NEW COM	$931,277	$963,039
GOOGLE INC	$1,948,208	$2,497,736
NVIDIA CORP	$1,291,435	$615,569
ISHARES TIPS BOND ETF	$10,159,930	$9,859,623
MFO AQR RISK-BALANCED COMMODITIES	$20,120,313	$16,199,144
NORTHERN TRUST PRIME	$6,631,849	$6,630,953
RWC EMERGING MARKETS EQUITY	$30,000,000	$21,166,978

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$34,685,022	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$33,671,275	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$22,394,043	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$19,527,623	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (22 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
BRIDGEWATER PURE ALPHA MAJOR MARKETS II, LTD	AT COST	$22,074,309	$23,699,079
DYAL III OFFSHORE	AT COST	$4,970,961	$6,638,835
ELLIOTT INTERNATIONAL LIMITED	AT COST	$2,000,000	$2,053,715
GSO CAPITAL OPPORTUNITIES III	AT COST	$6,141,158	$6,553,462
HBK MULTI-STRATEGY OFFSHORE FUND LTD.	AT COST	$20,000,000	$21,301,207
KAYNE ANDERSON REAL ESTATE DEBT II	AT COST	$9,926,028	$9,939,803
MOORE MACRO MANAGERS	AT COST	$13,930,428	$14,110,506
NB SECONDARY OPPORTUNITIES OFFSHORE FUND IV LP	AT COST	$1,147,381	$1,516,798
RENAISSANCE INSTITUTIONAL EQUITIES	AT COST	$20,989,844	$25,168,509
STRATEGIC PARTNERS OFFSHORE FUND VII, L.P.	AT COST	$3,728,079	$5,096,355
THE VERITAS CAPITAL FUND VI LP	AT COST	$4,400,396	$5,160,822
WARBURG PINCUS PE XII	AT COST	$7,460,087	$9,422,562
MADISON PARK FUNDING XXVII LTD	AT COST	$20,000,000	$20,000,000
MADISON PARK FUNDING XXXV LTD	AT COST	$1,250,000	$1,250,000
MOORE GLOBAL INVESTMENTS LTD	AT COST	$10,000,000	$9,485,048
THE CHILDREN'S INVESTMENT FUND	AT COST	$20,000,000	$19,950,000
VIKING GLOBAL EQUITIES III LTD	AT COST	$20,000,000	$18,531,072
BLACKSTONE REAL ESTATE PARTNERS ASIA II LP	AT COST	$752,429	$550,890
GENERAL ATLANTIC	AT COST	$2,017,560	$1,974,355
KKR ASIAN FUND III	AT COST	$1,498,033	$1,916,946
KKR REPA II EEA FEEDER I LP	AT COST	$4,159,929	$3,725,542
SILVER LAKE PARTNERS V	AT COST	$2,047,813	$2,024,125

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$61,066	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$61,066	DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	PRIOR PERIOD ADJUSTMENT TO COST BASIS	Desc
Amt	$474,806	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PASSTHROUGH K-1 EXPENSES	$1,286,134	$1,118,281	$0	$0
TRUST EXPENSES - COMMON TRUST FUND	$148,126	$148,126	$0	$0
BROKERAGE ACCOUNTS	$11,347	$11,347	$0	$0
SOFTWARE SUBSCRIPTION	$8,800	$0	$0	$8,800

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (6 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
PASSTHROUGH K-1 INCOME	$2,672,496	$2,499,012	$161,765
PASSTHROUGH K-1 INCOME-SECTION 965	-$1,443	-$1,443	$0
PFIC ORDINARY INCOME INCLUSION - WP XII CALLISTO (CAYMAN-A) LP	$2,058	$2,058	$0
BROKERAGE ACCOUNTS	$314,051	$314,051	$0
ROYALTY INCOME	$1,595,433	$1,595,433	$0
PASSTHROUGH K-1 INCOME - UBTI	-$161,765	$0	-$161,765

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT MANAGEMENT FEES	$430,877	$430,877	$0	$0
BROKERAGE ACCOUNTS	$4,679	$4,679	$0	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAX	$231,344	$231,344	$0	$0
EXCISE TAX	$841,886	$0	$0	$0