THE CULLEN FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- THE CULLEN FOUNDATION (EIN 76-0647361)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-13
- IRS object ID
- 201813179349101486
- Schema version
- 2017v2.2
- Note
- A later return for the same period supersedes this one.
- 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 Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers Frm Controlled Entities
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-13T13:03:20-08:00 | ReturnTs |
| Tax Period End | 2017-12-31 | 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 | 770275132 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | 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 | 2018-11-13 | 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 | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $320,399,712 | 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 | $71,318 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $71,318 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,436,896 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,436,896 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $36,149,635 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $150,979,531 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $35,044,784 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,120,411 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,031,298 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $42,778,260 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $41,584,296 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $381,169 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $114,351 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $266,818 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $508,815 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $149,312 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $359,503 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $167,438 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $48,725 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $118,713 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,909 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $5,909 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $18,655 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $9,328 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $9,327 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,289,792 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,283,718 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $6,074 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $867,003 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $17,003 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $11,734 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $3,374 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $37,709 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $8,955 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $28,644 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $242,427 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $173,542 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $68,885 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,530,651 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,808,308 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $863,873 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $14,520,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $14,520,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $18,050,651 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,808,308 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $15,383,873 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $24,727,609 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $39,775,988 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $90,021 | CashBOYAmt |
| Cash EOY | $206,483 | CashEOYAmt |
| Cash EOYFMV | $206,483 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $4,462,427 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $16,278,282 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $16,278,282 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $5,684 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $5,684 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $5,684 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $196,508,564 | CorporateStockBOYAmt |
| Corporate Stock EOY | $110,618,224 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $152,050,972 | CorporateStockEOYFMVAmt |
| Land Bldg Investments EOYFMV | $457,165 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $33,165,275 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $131,698,466 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $151,224,831 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $192,542 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $16,247 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $23,854 | LandBOYAmt |
| Land EOY | $176,295 | LandEOYAmt |
| Land EOYFMV | $176,295 | LandEOYFMVAmt |
| Total Assets BOY | $234,255,825 | TotalAssetsBOYAmt |
| Total Assets EOY | $258,983,434 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $320,399,712 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $5,367,756 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,367,756 | CapitalStockEOYAmt |
| Retained Earning BOY | $228,888,069 | RetainedEarningBOYAmt |
| Retained Earning EOY | $253,615,678 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $234,255,825 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $258,983,434 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $234,255,825 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $258,983,434 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $234,255,825 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $24,727,609 | ExcessRevenueOverExpensesAmt |
| Subtotal | $258,983,434 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $258,983,434 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly traded securities | $149,916,012 | $115,914,500 | $34,001,512 | $34,001,512 | |||
| Passthrough K-1 capital gain | $1,063,519 | $1,063,519 | $1,063,519 | ||||
| Disposal Leasehold Improv-40th FL Office | $20,247 | -$20,247 | -$20,247 | P | 2001-11-01 | 2017-03-31 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $35,044,784 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $12,862,838 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $266,644,403 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04824 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $13,107,461 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $274,395,585 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04777 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $12,699,181 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $277,211,792 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04581 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $12,110,594 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $250,518,242 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04834 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $11,413,608 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $227,280,138 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.05022 | DistributionYr5Rt |
| Total Distribution | 0.240378 | TotalDistributionRt |
| Average Distribution | 0.048076 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $301,278,304 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $14,484,256 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $397,760 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $14,882,016 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $15,513,761 | 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 | $397,760 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $397,760 | SubtotalAmt |
| Tax Based On Investment Income | $397,760 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $447,972 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $447,972 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $50,212 | OverpaymentAmt |
| Applied To ES Tax | $50,212 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 | VP/A.T/A.S./Dir | 2.00 | $0 | |
| Bert L Campbell | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Director | 2.00 | $0 | |
| William H Drushel Jr | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Dir to Apr 17 | 2.00 | $0 | |
| Carla Knobloch | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Dir from Apr 17 | 2.00 | $0 | |
| Scott W Wise | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | President/Treas | 40.00 | $381,169 | $48,366 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| Alan M Stewart | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Executive Dir | 40.00 | $281,250 | $7,886 |
| Peggy Reid | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Controller | 40.00 | $158,000 | $37,027 |
| Gina McEvily | |||||||
| 2727 Allen Parkway Suite 1050 | Houston | TX | 770192115 | Grant admin | 40.00 | $78,500 | $26,889 |
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 | $149,679 |
| Fayez Sarofim & Co | |||||
| 909 Fannin Ste 2907 | Houston | TX | 77010 | Investment mgmt | $115,507 |
| NWQ Investment Management Company | |||||
| 2049 Century Park East 16th Fl | Los Angeles | CA | 90067 | Investment mgmt | $89,780 |
| Goldman Sachs & Co | |||||
| 1000 Louisiana St Ste 550 | Houston | TX | 77002 | Investment mgmt | $78,961 |
| LSV International Small Cap Equity Fund LP | |||||
| 155 North Wacker Drive Ste 4600 | Chicago | IL | 60606 | Investment mgmt | $128,050 |
| 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 | $191,347,976 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $12,104,683 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $102,413,639 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $305,866,298 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $305,866,298 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,587,994 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $301,278,304 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $15,063,915 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $15,063,915 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $397,760 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $198,876 | IncomeTaxAmt |
| Total Tax | $596,636 | TotalTaxAmt |
| Distributable Before Adj | $14,467,279 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $14,467,279 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $14,467,279 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $15,383,873 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $129,888 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $15,513,761 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $397,760 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $15,116,001 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $14,467,279 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,718,074 | UndistributedIncomePYAmt |
| Qualifying Distributions | $15,513,761 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,718,074 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $12,795,687 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $1,671,592 | 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 | $14,520,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $14,520,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| 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 | $4,320,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $4,320,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $71,318 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,436,896 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $1,104,851 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $35,044,784 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| Commission recapture | 1 | $19,589 | ||
| Oil & gas royalties | 15 | $257,784 | ||
| Passthrough K-1 Income | 14 | $2,713,636 | 525990 | $129,402 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $1,234,253 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $41,544,007 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $42,778,260 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Audit fees | CategoryTxt |
| Amt | $18,655 | Amt |
| Net Investment Income | $9,328 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $9,327 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| Leasehold improvements | 2001-11-01 | $33,483 | $33,268 | SL | 39.5000 | $215 | $62 |
| Equipment | 2009-01-01 | $27,336 | $9,361 | SL | 5.0000 | $3,545 | $951 |
| Leasehold improvements | 2017-04-01 | $100,442 | SL | 15.0000 | $3,348 | $971 | |
| Furniture | 2017-01-01 | $64,765 | SL | 7.0000 | $4,626 | $1,390 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (123 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 5250 shs Anheuser Busch Inbev Sa | $575,030 | $585,690 |
| 2450 shs Canadian Pac Ry Ltd Com | $309,923 | $447,762 |
| 5052 shs Restaurant Brands Intl Inc Com | $273,236 | $310,597 |
| 16300 shs Novo-Nordisk A S | $220,948 | $874,821 |
| 6270 shs Total Sa | $393,389 | $346,606 |
| 4119 shs Icon Plc Com | $273,440 | $461,946 |
| 5859 shs Sodastream International Ltd | $170,204 | $412,122 |
| 3800 shs Asml Hldg | $385,455 | $660,516 |
| 216000 shs China Hongxing | $1 | $1 |
| 14380 shs Nestle S A | $589,113 | $1,236,249 |
| 7260 shs Novartis Ag | $662,491 | $609,550 |
| 22660 shs Roche Hldg Ltd Sponsored | $463,634 | $715,603 |
| 3461 shs Liberty Interactive | $185,030 | $187,725 |
| 1772679 shs 1st Horizon Natl Corp Com | $256,946 | $354,359 |
| 13110 shs Abbott Lab Com | $336,492 | $748,188 |
| 9870 shs Abbvie Inc Com | $232,201 | $954,528 |
| 1550 shs Alphabet Inc Cap Stk | $1,155,781 | $1,621,920 |
| 21220 shs Altria Group Inc Com | $221,278 | $1,515,320 |
| 8600 shs American Express Co | $756,035 | $854,066 |
| 14280 shs Apple Inc Com Stk | $406,386 | $2,416,604 |
| 4675 shs Aramark Com | $175,875 | $199,810 |
| 1600 shs Automatic Data Processing Inc | $59,687 | $187,504 |
| 7050 shs Berry Global Group Inc | $261,395 | $413,624 |
| 2350 shs Blackrock Inc Com Stk | $613,042 | $1,207,219 |
| 4475 shs Broadridge Finl Solutions Inc | $284,939 | $405,346 |
| 2811 shs Burlington Stores Inc Com | $313,511 | $345,837 |
| 8880 shs Carbonite Inc Com | $205,392 | $222,888 |
| 4806 shs CDW Corp Com | $331,943 | $333,969 |
| 1899 shs Centene Corp Del Com | $145,875 | $191,571 |
| 5913 shs Chemical Finl Corp Com | $253,771 | $316,168 |
| 9510 shs Chevron Corp Com | $478,957 | $1,190,557 |
| 7900 shs Chubb Ltd Ord | $830,396 | $1,154,427 |
| 2905 shs Church & Dwight Inc Com | $148,400 | $145,744 |
| 26620 shs Coca Cola Co Com | $664,064 | $1,221,326 |
| 26680 shs Comcast Corp New-Cl A | $779,826 | $1,068,534 |
| 11710 shs Conocophillips Com | $331,050 | $642,762 |
| 3550 shs Constellation Brands Inc Cl A | $552,233 | $811,424 |
| 2346 shs Coresite Rlty Corp Coresite Rea | $90,009 | $267,209 |
| 2052 shs Cullen / Frost Bankers Inc Com | $176,834 | $194,222 |
| 27302 shs Cypress Semiconductor Corp Com | $355,719 | $416,082 |
| 2955 shs Diamondback Energy Inc Com | $298,537 | $373,069 |
| 7694 shs E Trade Finl Corp | $283,358 | $381,392 |
| 1919 shs Eagle Matls Inc Com | $191,109 | $217,423 |
| 1814 shs Epam Sys Inc Com Stk | $145,235 | $194,878 |
| 4826 shs Essent Group Ltd Com Stk | $182,901 | $209,545 |
| 6650 shs Estee Lauder Companies Inc Cl A | $547,210 | $846,146 |
| 4791 shs Exelixis Inc Com Stk | $93,241 | $145,646 |
| 16160 shs Exxon Mobil Corp Com | $1,109,108 | $1,351,622 |
| 11750 shs Facebook Inc Com | $1,287,785 | $2,073,405 |
| 5976 shs Fcb Finl Hldgs Inc Cl A Cl A | $295,957 | $303,581 |
| 6050 shs First Solar Inc Com | $289,091 | $408,496 |
| 5230 shs Firstcash Inc Com | $285,894 | $352,764 |
| 1862 shs Fleetcor Technologies Inc Com | $289,333 | $358,305 |
| 2980 shs Global Pmts Inc Com | $242,881 | $298,715 |
| 4033 shs Healthcare Svcs Group Inc Com | $140,346 | $212,620 |
| 2155 shs Heico Corp New Com | $93,634 | $203,324 |
| 2624 shs Hill-Rom Hldgs Inc Com Stk | $155,513 | $221,177 |
| 3540 shs Insperity Inc Com | $90,775 | $203,019 |
| 8650 shs Intercontinental Exchange Inc C | $408,115 | $610,344 |
| 1975 shs Intuitive Surgical Inc Com New | $397,419 | $720,757 |
| 1528 shs John Bean Technologies Corp Com | $130,944 | $169,302 |
| 13108 shs JPMorgan Chase & Co Com | $381,571 | $1,401,770 |
| 6294 shs Kar Auction Svcs Inc Com Stk | $299,931 | $317,910 |
| 1754 shs KS Cy Southn | $187,266 | $184,556 |
| 2022 shs Lab Corp Amer Hldgs Com New | $285,065 | $322,529 |
| 9596 shs LKQ Corp Com Lkq Corp | $256,695 | $390,269 |
| 9653 shs M / I Homes Inc | $256,215 | $332,063 |
| 4120 shs Mc Donalds Corp Com | $238,250 | $709,134 |
| 25050 shs Microsoft Corp Com | $1,362,476 | $2,142,777 |
| 11022 shs Newfield Exploration | $291,471 | $347,524 |
| 8750 shs Nike Inc Cl B | $489,915 | $547,313 |
| 2540 shs Norwegian Cruise Line Hldgs Ltd | $142,268 | $135,255 |
| 3556 shs Nutri Sys Inc New Com | $193,765 | $187,046 |
| 1550 shs Old Dominion Fght Line Inc Com | $137,093 | $203,903 |
| 7200 shs Ollies Bargain Outlet Hldgs Inc | $176,733 | $383,400 |
| 6000 shs Pepsico Inc Com | $339,222 | $719,520 |
| 21030 shs Philip Morris Intl Com Stk Npv | $596,888 | $2,221,820 |
| 5397 shs Pinnacle Foods Inc Del Com | $264,321 | $320,960 |
| 3523 shs Polyone Corp Com | $136,910 | $153,251 |
| 2812 shs Pra Health Sciences Inc Com | $182,673 | $256,089 |
| 3900 shs Praxair Inc Com | $288,007 | $603,252 |
| 4540 shs Procter & Gamble Com | $239,801 | $417,135 |
| 2023 shs Proto Labs Inc Com | $141,425 | $208,369 |
| 3893 shs Qorvo Inc Com | $301,379 | $259,274 |
| 7928 shs Quanta Svcs Inc Com | $288,738 | $310,064 |
| 2381 shs Resmed Inc Com | $136,767 | $201,647 |
| 15442 shs Ring Energy Inc Com | $210,868 | $214,644 |
| 2295 shs Ryman Hospitality Pptys Inc Com | $147,553 | $158,401 |
| 1136 shs SBA Communications Corp | $145,617 | $185,577 |
| 8374 shs Skechers U S A Inc Cl A | $263,574 | $316,872 |
| 8700 shs State Str Corp Com | $681,498 | $849,207 |
| 4227 shs Steel Dynamics Inc Com | $150,978 | $182,311 |
| 5257 shs Stifel Finl Corp Com | $314,133 | $313,107 |
| 4398 shs Supernus Pharmaceuticals Inc Co | $137,338 | $175,260 |
| 1575 shs SVB Financial Group Common Stoc | $307,271 | $368,188 |
| 3952 shs Terex Corp New Com | $142,340 | $190,565 |
| 10940 shs Texas Instruments Inc Com | $288,278 | $1,142,574 |
| 3175 shs Tractor Supply Co Com | $200,399 | $237,331 |
| 4709 shs Transunion Com | $180,656 | $258,807 |
| 5849 shs Trupanion Inc Com | $93,352 | $171,200 |
| 8050 shs Twenty-First Century Fox Inc Cl | $285,004 | $277,967 |
| 7400 shs Twenty-First Centy Fox Inc Cl B | $267,589 | $252,488 |
| 15176 shs U M H Pptys Inc Com Stk | $233,670 | $226,122 |
| 7550 shs Union Pac Corp Com | $742,952 | $1,012,455 |
| 15399 shs Unit Corp Com | $251,037 | $338,778 |
| 1395 shs United Rentals Inc Com | $150,336 | $239,814 |
| 3350 shs Unitedhealth Group Inc Com | $497,758 | $738,541 |
| 19843 shs USA Technologies Inc Com No | $92,559 | $193,469 |
| 21873 shs Val Natl Bancorp Com | $279,583 | $245,415 |
| 1837 shs Verisk Analytics Inc Com | $134,998 | $176,352 |
| 10150 shs Visa Inc Com Cl A Stk | $745,002 | $1,157,303 |
| 6260 shs Walgreens Boots Alliance Inc Co | $211,383 | $454,601 |
| 6900 shs Walt Disney Co | $699,396 | $741,819 |
| 5325 shs Waste Connections Inc Com | $169,500 | $377,756 |
| 5644 shs Webster Fncl Corp Waterbury Con | $299,267 | $316,967 |
| 10570 shs Wells Fargo & Co New Com Stk | $557,046 | $641,282 |
| 5871 shs Western Alliance Bancorporation | $288,921 | $332,416 |
| 4684 shs Westlake Chem Corp Com Stk | $273,486 | $498,987 |
| 7334 shs XPO Logistics Inc Com | $359,395 | $671,721 |
| 6317 shs Zions Bancorporation N A | $268,798 | $321,093 |
| 261572 shs NTGI Russell 1000 Eqty Inde | $44,038,720 | $55,317,173 |
| 1325677 shs DFA U S Targeted Value Por | $26,751,098 | $32,996,112 |
| 4425 shs Spdr Ser Tr S&P Biotech ETF | $263,709 | $375,541 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (20 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AKO European Long-Only Fund Ltd | AT COST | $20,000,000 | $20,704,000 |
| Blackgold Private Energy Partners LP | AT COST | $10,178,384 | $10,331,550 |
| Cedar Rock Capital Partners LLC | AT COST | $20,181,152 | $20,868,404 |
| CREA Partners II LP | AT COST | $63,660 | $71,715 |
| Eminence Fund Ltd | AT COST | $20,000,000 | $21,714,082 |
| Encap Flatrock Midstream Fund II-C LP | AT COST | $1,765,660 | $1,988,529 |
| Highland Cap Invs Corp Hldg (Red River) | AT COST | $962,110 | $1 |
| LSV International Small Cap Equity Fund | AT COST | $11,756,784 | $15,213,800 |
| Oaktree Mezzanine Fund III LP | AT COST | $8,495 | $6,387 |
| OCM Opportunities Fund IV-B LP | AT COST | $2,997 | $1,275 |
| OCM Opportunities Fund VIIB LP | AT COST | $773,792 | $530,997 |
| OCM Principal Opportunities Fund III LP | AT COST | $273,055 | $29,589 |
| Peruvian and E Euro Monetization Cl B | AT COST | $21,221 | $19,019 |
| Stelliam Offshore Long Fund Ltd | AT COST | $20,000,000 | $21,692,986 |
| Stelliam Opportunity Fund LP | AT COST | $762,514 | $763,808 |
| Stonelake Opportunity Partners II LP | AT COST | $1 | $5,302,378 |
| Stonelake Opportunity Partners III LP | AT COST | $7,515,530 | $13,339,223 |
| Stonelake Opportunity Partners IV LP | AT COST | $2,560,431 | $3,343,726 |
| Tremblant Long Fund Ltd | AT COST | $15,000,000 | $15,342,027 |
| Accrued income | AT COST | $104,765 |
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 | $4,626 | $60,138 | $60,138 |
| Machinery and Equipment | $27,336 | $8,273 | $19,063 | $19,063 |
| Improvements | $100,442 | $3,348 | $97,094 | $97,094 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General governance and counsel | CategoryTxt |
| Legal Fees | $5,909 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $5,909 | 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 | $2,800 | $840 | $1,960 |
| Bank custodial fees | $125,941 | $125,941 | |
| Dues and subscriptions | $11,248 | $799 | $10,450 |
| Insurance | $24,570 | $7,371 | $17,199 |
| Oil & gas other deductions | $21,417 | $21,417 | |
| Other administrative expenses | $14,495 | $4,348 | $10,146 |
| Other investment fees | $341 | $341 | |
| Repairs/maintenance | $6,242 | $1,873 | $4,369 |
| Supplies | $24,950 | $7,485 | $17,465 |
| Technology | $10,423 | $3,127 | $7,296 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Commission recapture | $19,589 | $19,589 |
| Oil & gas royalties | $257,784 | $257,784 |
| Passthrough K-1 Income | $2,843,038 | $2,753,925 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Investment consulting fees | $65,430 | $65,430 | $0 | $0 |
| Investment management fees | $1,215,684 | $1,215,684 | $0 | $0 |
| Other professional fees | $1,915 | $575 | $0 | $1,340 |
| Payroll services | $6,763 | $2,029 | $0 | $4,734 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Ad valorem taxes | $9,126 | $9,126 |
| Excise tax | $400,000 | |
| Income tax | $450,000 | |
| O & G production taxes | $7,877 | $7,877 |
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 | $365,974 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $365,974 | TotalAmt |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp
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 | Contributions to investment fund. Entity is not a business enterprise, per IRC 4943(d)(3)(B). | Desc |
| Amt | $3,295,138 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,295,138 | TotalAmt |