GLASSELL FAMILY FOUNDATION INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- GLASSELL FAMILY FOUNDATION INC (EIN 76-0295076)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-15
- IRS object ID
- 201823199349103977
- Schema version
- 2017v2.3
- 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
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-15T15:07:52-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EEPB PC | 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 | 2017-01-01 | 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 SUITE 2010 Suite 2010 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALFRED GLASSELL III | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 7136580001 | PhoneNum |
| Signature | 2018-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AUSTIN B CLARK | PreparerPersonNm |
| PTIN | P01384081 | PTIN |
| Phone | 7136220016 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 216.215.123.146 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 76636920183195000039 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-11-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | E19257506878EBB99AA84EF6E86BA507A672958E | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 17D246D06C4D1A2A8C4BBCC40C867F18FEBED993 | AtSubmissionFilingDeviceId |
| 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 | $58,834,344 | 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 |
| Dividends Rev And Expnss | $1,386,975 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,386,975 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,353,213 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $16,505,750 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,353,213 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $177,781 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $259,578 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,917,969 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,999,766 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $2,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $1,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $19,986 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $9,993 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $8,780 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $8,780 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $47,502 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $47,502 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $64,230 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $32,115 | OccupancyNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $359,781 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $359,781 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $502,279 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $459,171 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,398,224 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,398,224 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,900,503 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $459,171 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,398,224 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $17,466 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,540,595 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,413,126 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,180,298 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,180,298 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $4,139,601 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,061,807 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,043,441 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $24,662,606 | CorporateStockBOYAmt |
| Corporate Stock EOY | $23,701,897 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $39,640,417 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $13,251,447 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $14,985,473 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $14,959,979 | 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 | $43,476,989 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,939,684 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $58,834,344 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $43,476,989 | RetainedEarningBOYAmt |
| Retained Earning EOY | $42,939,684 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,476,989 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $42,939,684 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $43,476,989 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $42,939,684 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,476,989 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $17,466 | ExcessRevenueOverExpensesAmt |
| Subtotal | $43,494,455 | SubtotalAmt |
| Other Decreases | $554,771 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $42,939,684 | 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 |
|---|---|---|---|---|
| SEE ATTACHED STATEMENTS | $16,416,204 | $14,152,537 | $2,263,667 | $2,263,667 |
| LONG TERM CAPITAL GAIN DISTRIBUTIONS | $8,067 | $8,067 | $8,067 | |
| PARTNERSHIPS PASS THROUGH | $81,479 | $81,479 | $81,479 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,353,213 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,815,266 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $53,288,369 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.052831 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,478,282 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $54,834,914 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.045195 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,753,939 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $53,590,665 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.051388 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,301,258 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $53,238,590 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.043225 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,890,635 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $53,584,590 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.053945 | DistributionYr5Rt |
| Total Distribution | 0.246584 | TotalDistributionRt |
| Average Distribution | 0.049317 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $56,790,739 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,800,749 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $35,406 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,836,155 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,398,224 | 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 | $35,406 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $35,406 | SubtotalAmt |
| Tax Based On Investment Income | $35,406 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $32,343 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $20,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $52,343 | TotalPaymentsAndCreditsAmt |
| Overpayment | $16,937 | OverpaymentAmt |
| Applied To ES Tax | $16,937 | 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 |
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 SUITE 2010 | HOUSTON | TX | 77002 | PRESIDENT | 0 | $0 | $0 | $0 |
| PAMELA S LINDBERG | ||||||||
| 919 MILAM SUITE 2010 | HOUSTON | TX | 77002 | SECRETARY | 0 | $2,000 | $0 | $0 |
| thad t dameris | ||||||||
| 919 MILAM SUITE 2010 | HOUSTON | TX | 77002 | vice-president | 0 | $0 | $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 | $104,216 |
| morgan stanley | |||||
| 5001 westheimer ste 2100 | HOUSTON | TX | 77002 | custody/advisor | $138,228 |
| eepb pc | |||||
| 2950 north loop west suite 1200 | HOUSTON | TX | 77092 | accountant | $20,986 |
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 | $52,218,914 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,623,593 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,813,066 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $57,655,573 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $57,655,573 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $864,834 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $56,790,739 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,839,537 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,839,537 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $35,406 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $35,406 | TotalTaxAmt |
| Distributable Before Adj | $2,804,131 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,804,131 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,804,131 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,398,224 | 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 | $3,398,224 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $35,406 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,362,818 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,804,131 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,130,269 | UndistributedIncomePYAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2014 | PriorYear2Yr |
| Prior Year3 | 2013 | PriorYear3Yr |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,398,224 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,130,269 | AppliedToYear1Amt |
| Applied To Current Year | $1,267,955 | 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 |
| Undistributed Income CY | $1,536,176 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| 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 (23 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| episcopal high school | |||||||
| 4650 bissonnet | bellaire | TX | 77401 | none | PC | general purpose | $300,000 |
| CAMP CHO-YEH | |||||||
| 2200 S WASHINGTON AVE | LIVINGSTON | TX | 77351 | none | PC | general purpose | $30,000 |
| CHAMPION KIDS CAMP | |||||||
| 11152 WESTHEIMER RD 681 | HOUSTON | TX | 77042 | none | PC | general purpose | $5,000 |
| james a baker institute for public policy | |||||||
| 6100 main st | houston | TX | 77005 | none | PC | general purpose | $500,000 |
| camp aranzazu | |||||||
| 5420 loop 1781 | rockport | TX | 78382 | none | PC | general purpose | $1,000 |
| houston museum of natural science | |||||||
| 5555 hermann park dr | houston | TX | 77030 | none | PC | general purpose | $500,000 |
| university of miami | |||||||
| coral gables | coral gables | FL | 33124 | none | PC | general purpose | $625,000 |
| miscellaneous-mlp pass through | |||||||
| n/a | na | TX | 77002 | n/a | PC | general purpose | $108 |
| Memorial Hermann Hospital | |||||||
| 1740 W 27th St | Houston | TX | 77008 | NONE | PC | general purpose | $52,000 |
| UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER | |||||||
| 7000 FANNIN ST 1200 | HOUSTON | TX | 77030 | NONE | PC | general purpose | $250,000 |
| HOUSTON MUSEUM OF FINE ARTS | |||||||
| 1001 bissonet st | houston | TX | 77005 | none | PC | general purpose | $500,000 |
| Annunciation Orthodox School | |||||||
| 3600 Yoakum Blvd | Houston | TX | 77006 | none | PC | general purpose | $250,000 |
| HOUSTON APHASIA RECOVERY CENTER | |||||||
| 5005 WOODWAY DRIVE SUITE 110 | Houston | TX | 77056 | none | PC | general purpose | $25,000 |
| Child Legacy International | |||||||
| 624 N Main St 201 | Boerne | TX | 78006 | none | PC | general purpose | $1,000 |
| HOUSTON GOLF ASSOCIATION | |||||||
| 5810 WILSON ROAD 112 | HUMBLE | TX | 77396 | none | PC | general purpose | $100,000 |
| GREATER HOUSTON COMMUNITY FOUNDATION | |||||||
| 5120 WOODWAY DR SUITE 6000 | HOUSTON | TX | 77056 | none | PC | general purpose | $20,000 |
| Mission Lazarus | |||||||
| PO Box 150524 | Nashville | TN | 37215 | none | PC | general purpose | $60,000 |
| Project Joy & Hope For Texas | |||||||
| 3219 Burke Rd | Pasadena | TX | 77504 | none | PC | general purpose | $68,750 |
| Social Motion Skills | |||||||
| 1450 West Sam Houston Pkwy N | Houston | TX | 77043 | none | PC | general purpose | $1,000 |
| Texas Heart Institute | |||||||
| 6770 Bertner Ave C350 | Houston | TX | 77030 | none | PC | general purpose | $1,000 |
| AMAZING PLACE | |||||||
| 3735 DREXEL | HOUSTON | TX | 77027 | none | PC | general purpose | $25,000 |
| THE NATURE CONSERVANCY | |||||||
| 4245 NORTH FAIRFAX DRIVE SUITE 100 | ARLINGTON | VA | 22203 | NONE | PC | general purpose | $83,333 |
| miscellaneous-pass through | |||||||
| N/A | NA | TX | 77002 | N/A | PC | general purpose | $33 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,398,224 | 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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,386,975 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,353,214 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| PARTNERSHIPS | 211110 | $177,780 | 16 | $39,544 |
| PASSIVE ACTIVITY SUSPENDED LOSSES | 211110 | -$81,797 | 18 | $42,253 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $95,983 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,821,986 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,917,969 | 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 | $19,986 | Amt |
| Net Investment Income | $9,993 | NetInvestmentIncomeAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SEE STATEMENTS US STOCK | $19,518,803 | $33,408,508 |
| SEE STATEMENTS FOREIGN STOCK | $4,183,094 | $6,231,909 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,061,807 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,043,441 | 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 | $125 | $125 |
| IRONWOOD INTERNATIONAL | FMV | $4,029,428 | $4,029,428 |
| SEE ATTD STMTS-MUTUAL FUNDS | FMV | $3,229,163 | $3,167,552 |
| SEE ATTD STMTS-PRIV PARTNSHP | FMV | $4,681,543 | $4,967,246 |
| SEE ATTD STMTS-MLPS | FMV | $3,045,214 | $2,795,628 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK VERSUS TAX LOSS | Desc |
| Amt | $554,771 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CUSTODY FEES | $37,683 | $37,683 |
| PASS THRU K-1 | $99,756 | $99,756 |
| INVESTMENT FEE | $204,762 | $204,762 |
| MISC INVESTMENT EXPENSES | $17,580 | $17,580 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| pass through private partnership rental | $3,752 | $3,752 |
| pass through mlp rental | -$222 | -$222 |
| pass through private partnership otherincome | $31,594 | $31,594 |
| pass through mlp other income | $106,642 | $188,439 |
| PASS THROUGH PRIVATE PARTNERSHIP ROYALTY | $8,207 | $8,207 |
| pass through mlp royalty | $27,808 | $27,808 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $47,502 | Amt |
| Net Investment Income | $47,502 | NetInvestmentIncomeAmt |