GLASSELL FAMILY FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- GLASSELL FAMILY FOUNDATION INC (EIN 76-0295076)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-20
- IRS object ID
- 202503249349100115
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-20T12:44:23-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EEPB | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2950 NORTH LOOP W SUITE 1200 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77092 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760295076 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Glassell Family Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % PAM LINDBERG | InCareOfNm |
| Business Name Control | GLAS | BusinessNameControlTxt |
| Phone | 7136580001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 919 Milam Ste 2010 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALFRED C GLASSELL III | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 7136580001 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P01384081 | PTIN |
| Phone | 7136220016 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $74,454,520 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,341,104 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,341,104 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,991,613 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,312,741 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,991,613 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $183,530 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $183,530 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,516,247 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,516,247 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $247,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $123,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $1,469 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,469 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,574 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,287 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $30,060 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $30,060 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $32,178 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $32,178 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $63,255 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $31,628 | OccupancyNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $311,641 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $311,641 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $688,177 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $531,763 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,054,231 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,054,231 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,742,408 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $531,763 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,054,231 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $773,839 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,984,484 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,298,542 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,797,966 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,797,966 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $492,061 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $367,607 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $323,348 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $19,494,011 | CorporateStockBOYAmt |
| Corporate Stock EOY | $21,668,855 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $52,990,091 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $15,683,288 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $12,818,163 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $19,332,906 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $10,209 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $10,209 | LandBOYAmt |
| Land EOY | $10,209 | LandEOYAmt |
| Land EOYFMV | $10,209 | LandEOYFMVAmt |
| Total Assets BOY | $38,978,111 | TotalAssetsBOYAmt |
| Total Assets EOY | $36,662,800 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $74,454,520 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $38,978,112 | RetainedEarningBOYAmt |
| Retained Earning EOY | $36,662,800 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $38,978,112 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $36,662,800 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $38,978,112 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $36,662,800 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $38,978,112 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $773,839 | ExcessRevenueOverExpensesAmt |
| Subtotal | $39,751,951 | SubtotalAmt |
| Other Decreases | $3,089,151 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $36,662,800 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| SEE ATTACHED STATEMENTS | $9,987,741 | $6,695,753 | $3,291,988 | $3,291,988 |
| PARTNERSHIPS PASS THROUGH | $699,625 | $699,625 | $699,625 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,991,613 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $69,284 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $69,284 | SubtotalAmt |
| Tax Based On Investment Income | $69,284 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $62,190 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $20,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $82,190 | TotalPaymentsAndCreditsAmt |
| Overpayment | $12,906 | OverpaymentAmt |
| Applied To ES Tax | $12,906 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | 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 | PAM LINDBERG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7136580001 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 919 MILAM SUITE 2010 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | 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 | 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 | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Relying Current Ntc Dsstr Asst1 | Yes (X) | RelyingCurrentNtcDsstrAsst1Ind |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ALFRED C GLASSELL III | ||||||||
| 919 Milam Ste 2010 | Houston | TX | 77002 | PRESIDENT | 0 | $240,000 | $0 | $0 |
| PAMELA S LINDBERG | ||||||||
| 919 Milam Ste 2010 | Houston | TX | 77002 | SECRETARY | 0 | $3,500 | $0 | $0 |
| eric wade | ||||||||
| 919 Milam Ste 2010 | Houston | TX | 77002 | vice-president | 0 | $3,500 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| legacy trust | |||||
| 600 jefferson | HOUSTON | TX | 77002 | CUSTODY/ADVISOR | $135,811 |
| morgan stanley | |||||
| 5001 westheimer ste 2100 | HOUSTON | TX | 77002 | custody/advisor | $92,160 |
| eepb pc | |||||
| 2950 north loop west suite 1200 | HOUSTON | TX | 77092 | accountant | $3,574 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $59,825,629 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,715,661 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $8,605,221 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $72,146,511 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $72,146,511 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,082,198 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $71,064,313 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,553,216 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,553,216 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $69,284 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $69,284 | TotalTaxAmt |
| Distributable Before Adj | $3,483,932 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,483,932 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,483,932 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,054,231 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $4,054,231 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,483,932 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $852,984 | UndistributedIncomePYAmt |
| Prior Year1 | 2022 | PriorYear1Yr |
| Prior Year2 | 2021 | PriorYear2Yr |
| Prior Year3 | 2020 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,054,231 | QualifyingDistributionsAmt |
| Applied To Year1 | $852,984 | AppliedToYear1Amt |
| Applied To Current Year | $3,201,247 | 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 |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $282,685 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| WORLD WILDLIFE FUND | |||||||
| 225 W WACKER DR SUITR 1500 | CHICAGO | IL | 60606 | NONE | PC | general purpose | $100,000 |
| HOUSTON MUSEUM OF FINE ARTS | |||||||
| 1001 bissonet st | houston | TX | 77005 | none | PC | general purpose | $500,000 |
| AMAZING PLACE | |||||||
| 3735 DREXEL DR | Houston | TX | 77027 | none | PC | general purpose | $25,000 |
| GALVESTON COUNTY FOOD BANK | |||||||
| 624 4TH AVENUE NORTH | TEXAS CITY | TX | 77590 | none | PC | general purpose | $5,000 |
| miscellaneous-pass through | |||||||
| N/A | NA | TX | 77002 | N/A | PC | general purpose | $287 |
| CAMP CHO-YEN | |||||||
| 2200 S WASHINGTON AVE | LIVINGSTON | TX | 77351 | none | PC | general purpose | $100,000 |
| HOUSTON FOOD BANK | |||||||
| 535 PORTWALL ST | HOUSTON | TX | 77029 | none | PC | general purpose | $5,000 |
| The Pasadena ISD Educational Foundation | |||||||
| 1515 CHERRYBROOK | Pasadena | TX | 77502 | none | PC | general purpose | $7,500 |
| Memorial Hermann Foundation | |||||||
| 929 Gessner Dr Ste 2600 | Houston | TX | 77024 | none | PC | general purpose | $250,000 |
| UNDUE MEDICAL DEBT | |||||||
| PO BOX 411675 | BOSTON | MA | 02241 | none | PC | general purpose | $5,000 |
| YES PREP PUBLIC SCHOOLS | |||||||
| 5455 SOUTH LOOP E FWY | HOUSTON | TX | 77006 | none | PC | general purpose | $100,000 |
| CHRISTIAN COMMUNITY SERVICES | |||||||
| 814 N LASALLE | NAVASOTA | TX | 77868 | none | PC | general purpose | $10,000 |
| CAMP FOR ALL | |||||||
| 3701 KIRBY DRIVE SUITE 570 | Houston | TX | 77098 | none | PC | general purpose | $250,000 |
| MISSION LAZARUS | |||||||
| PO BOX 306498 | NASHVILLE | TN | 37230 | none | PC | general purpose | $60,944 |
| CAMP ARANZAZU | |||||||
| POBOX 5420 LOOP 1781 | ROCKPORT | TX | 78352 | none | PC | general purpose | $5,000 |
| BENEATH THE WAVES INC | |||||||
| PO BOX 290036 | BOSTON | MA | 02129 | none | PC | general purpose | $212,000 |
| University of Texas Health Science Center | |||||||
| 7000 Fannin St 1200 | Houston | TX | 77030 | none | PC | general purpose | $600,000 |
| Houston Museum of Natural Science | |||||||
| 5555 HERMANN PARK DRIVE | HOUSTON | TX | 77030 | NONE | general purpose | $512,500 | |
| FRANCISCAN FRIARS OF HEBBRONVILLE | |||||||
| 504 E SANTA CLARA ST | HEBBRONVILLE | TX | 78361 | PC | GENERAL PURPOSE | $1,000 | |
| SOUTH AVENUE BAPTIST CHURCH | |||||||
| 605 PRESTON AVE | PASADENA | TX | 77503 | PC | GENERAL PURPOSE | $5,000 | |
| UNIVERSITY OF MIAMI - ROSENSTIEL SCHOOL | |||||||
| PO BOX 025388 | MIAMI | FL | 33102 | PC | GENERAL PURPOSE | $1,250,000 | |
| THE JOY SCHOOL | |||||||
| ONE CHELSEA BLVD | HOUSTON | TX | 77006 | PC | GENERAL PURPOSE | $50,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,054,231 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,341,104 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp | |
| Gain Sales Ast Oth Than Invntry | GainSalesAstOthThanInvntryGrp | |
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| PARTNERSHIPS | 211110 | -$3,622 | 16 | $183,228 |
| PASSIVE ACTIVITY SUSPENDED LOSSES | 211110 | $3,622 | 18 | $25 |
| SEC LITIGATION SETTLEMENTS | 900001 | $278 | 41 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $278 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,524,357 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,524,635 | 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 | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GLASSELL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | PRIVATE FOUNDATION | OrganizationTypeDesc |
| Relationship Description | MORE THAN 25% OF THE OFFICER'S | RelationshipDescriptionTxt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $2,574 | Amt |
| Net Investment Income | $1,287 | NetInvestmentIncomeAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SEE STATEMENTS US STOCK | $20,174,459 | $51,186,599 |
| SEE STATEMENTS FOREIGN STOCK | $1,494,396 | $1,803,492 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $367,607 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $323,348 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CABO BLANCO STOCK | AT COST | $0 | $0 |
| IRONWOOD INTERNATIONAL | FMV | $2,400,000 | $5,003,434 |
| SEE ATTD STMTS-MUTUAL FUNDS | FMV | $2,616,107 | $2,578,861 |
| SEE ATTD STMTS-PRIV PARTNSHP | FMV | $7,015,947 | $11,103,218 |
| SEE ATTD STMTS-MLPS | FMV | $786,109 | $647,393 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $1,469 | LegalFeesAmt |
| Net Investment Income | $1,469 | NetInvestmentIncomeAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DEDUCTIONS(FORMERLY SUBJECT TO 2% FLOOR) | $122,687 |
| FEDERAL EXCEISE TAX PAYMENT | $40,000 |
| BASIS ADJUSTMENTS ON IRONWOOD INTL | $2,148,170 |
| BASIS ADJUSTMENTS ON PARTNERSHIPS | $778,294 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CUSTODY FEES | $48,034 | $48,034 |
| PASS THRU K-1 | $179,937 | $179,937 |
| INVESTMENT FEE | $83,630 | $83,630 |
| ADMINISTRATIVE EXPENSES | $40 | $40 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| pass through private partnership rental | $9,886 | $9,886 |
| pass through private partnership otherincome | $74,517 | $74,517 |
| PASS THROUGH PRIVATE PARTNERSHIP ROYALTY | $41,050 | $41,050 |
| pass through mlp royalty | $57,799 | $57,799 |
| SEC LITIGATION SETTLEMENTS | $278 | $278 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $32,178 | Amt |
| Net Investment Income | $32,178 | NetInvestmentIncomeAmt |