2018-10-08T09:20:10-05:00 2018-05-31 ERNST & YOUNG US LLP 100 W Houston St Ste 1700 SAN ANTONIO TX 78205 990 2017-06-01 742123714 THOMAS L JR & GRACE P DOWNS SCHOLARSHIP FUND % FROST BANK TRUST DEPARTMENT THOM 2102204089 FROST BANK TRUSTEE PO BOX 2950 SAN ANTONIO TX 782992950 KATHLEEN FINCK OFFICER 2102204089 2018-10-30 true Stewart Goodson P00084462 2102289696 164.57.159.253 74089220182815000000 2018-10-08 P EEDEC06FA3636BB313A2AD47B4A5A6D442EB322E 0D731BDD1B427FA546F689D9CD5C0503D483AE2F 2017 2018-06-14 16:35:46Z KATHLEEN FINCK FROST BANK TRUSTEE PO BOX SAN ANTONIO TX 782992950 490058 false X N/A X 1980 TX AS SET FORTH IN THE TRUST INSTRUMENT AND FOLLOWED BY THE TRUSTEE, THIS ORGANIZATION SUPPORTS SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY AND SOUTHERN METHODIST UNIVERSITY. 1 0 0 0 0 0 0 0 266799 490058 0 0 266799 490058 133137 224748 0 0 56056 60870 0 0 0 7671 7422 196864 293040 69935 197018 6834978 7031996 0 0 6834978 7031996 X AS SET FORTH IN THE TRUST INSTRUMENT AND FOLLOWED BY THE TRUSTEE, THIS ORGANIZATION SUPPORTS SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY AND SOUTHERN METHODIST UNIVERSITY. false false 74916 74916 SOUTHWESTERN UNIVERSITY 74916 74916 TEXAS WESLEYAN UNIVERSITY 74916 74916 SOUTHERN METHODIST UNIVERSITY 30435 TRUSTEE FEES 3030 ACCOUNTING FEES 33465 258213 true false false false false false false false true false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false false false false false X 1 0 false false false false false false false true true false false true true true true true true false false false X FROST BANK TRUST DEPARTMENT 2102204089 ATTN KATHLEEN FINCK PO DRAWER 2950 SAN ANTONIO TX 782992950 FROST BANK TRUSTEE KATHLEEN FINCK, ADMINSTRATOR 40.0 0.0 X 60870 0 0 60870 0 0 0 false false false NONE 0 0 0 166456 166456 0 0 0 0 0 323602 323602 323602 323602 0 0 0 0 0 0 0 0 0 0 490058 490058 224748 224748 0 0 0 60870 30435 30435 0 0 0 0 0 0 0 6060 3030 3030 0 0 0 0 18 18 0 0 0 0 0 0 0 0 0 0 0 0 FOREIGN TAXES 1344 1344 293040 258213 34827 0 0 0 300615 236870 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6534363 6795126 0 0 0 0 0 0 0 0 6834978 7031996 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6834978 7031996 0 0 0 0 6834978 7031996 6834978 7031996 197018 X false false false X X 3 SOUTHWESTERN UNIVERSITY 741233796 2 true 74916 0 TEXAS WESLEYAN UNIVERSITY 750800691 2 true 74916 0 SOUTHERN METHODIST UNIVERSITY 741233796 2 true 74916 0 3 224748 true false false false false false false false false false false false false false false true false true 11892 20289 0 146005 146168 157897 166457 0 32824 34826 0 125073 131631 7105333 7637088 310205 379719 1 1 7415539 8016808 0 0 7415539 8016808 111233 120252 7304306 7896556 255651 276379 0 255651 276379 125073 106312 255651 255651 0 255651 224748 0 33465 0 0 0 258213 258213 255651 101.0021 255651 0 0 0 0 30904 30904 0 30904 0 258213 0 224747 33466 0 0 33466 0 0 0 0 33466 FORM 990, SCHEDULE A, PART IV, SECTION D 2. THE ORGANIZATION MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATIONS BY PARTICIPATING IN REGULAR COMMUNICATIONS. THERE IS A STRONG WORKING RELATIONSHIP BETWEEN THE TRUSTEE AND AN OFFICER OF THE SUPPORTED ORGANIZATIONS. THE TRUSTEE IS RESPONSIVE TO THE NEEDS OF ALL THE SUPPORTED ORGANIZATIONS. FORM 990, SCHEDULE A, PART IV, SECTION D 3. THE SUPPORTED ORGANIZATIONS PARTICIPATE IN REGULAR COMMUNICATIONS WITH THE TRUSTEE OF THE ORGANIZATION REGARDING THE SUPPORTED ORGANIZATION'S PROJECTED NEEDS. THE SUPPORTED ORGANIZATIONS ALSO PROVIDE SUGGESTIONS TO THE TRUSTEE REGARDING THE ORGANIZATION'S USE OF ASSETS, INCLUDING TIMING OF GRANTS AND MANNER OF MAKING GRANTS. IN ADDITION, THE TRUSTEE REGULARLY COMMUNICATES WITH THE SUPPORTED ORGANIZATIONS REGARDING INVESTMENTS, DISTRIBUTION PLANS, AND OTHER SIMILAR MATTERS. 6834978 490058 224748 68292 7031996 6765043 266799 133137 63727 6834978 6941058 201113 317112 60016 6765043 6594234 474822 69519 58479 6941058 6298969 497220 154584 47371 6594234 false false PART V, LINE 4 AS SET FORTH IN THE TRUST INSTRUMENT AND FOLLOWED BY THE TRUSTEE, THIS ORGANIZATION SUPPORTS SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY, AND SOUTHERN METHODIST UNIVERSITY. true SOUTHERN METHODIST UNIVERSITY PO BOX 750196 DALLAS TX 752750196 750800689 501(c)(3) 74916 CHARITABLE SOUTHWESTERN UNIVERSITY VP FISCAL AFFAIRS - PO BOX 770 GEORGETOWN TX 786270770 741233796 501(c)(3) 74916 CHARITABLE TEXAS WESLEYAN UNIVERSITY 1201 WESLEYAN STREET FORT WORTH TX 761051536 750800691 501(c)(3) 74916 CHARITABLE 3 PART I, LINE 2 PER THE GOVERNING INSTRUMENT, THE TRUST IS REQUIRED TO DISTRIBUTE 33 1/3% OF ITS INCOME ANNUALLY IN SUPPORT OF THE NAMED BENEFICIARIES: SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY, AND SOUTHERN METHODIST UNIVERSITY. EACH SCHOOL DETERMINES WHICH STUDENTS RECEIVE THE SCHOLARSHIPS PROVIDED BY THESE FUNDS. THE TRUSTEE WORKS WITH EACH NAMED BENEFICIARY TO ENSURE THAT THEY HAVE A SIGNIFICANT VOICE IN THE OPERATIONS OF THE TRUST. FORM 990, PART VI, SECTION A, LINE 11B YES, THE ADMINISTRATOR FOR THE TRUST REVIEWS AND SIGNS FORM 990 AS REQUIRED BY INTERNAL BANK POLICIES. FORM 990, PART VI, SECTION B, LINE 12C FROST BANK HAS A WRITTEN CONFLICT OF INTEREST POLICY. BANK POLICY REQUIRES ALL OFFICERS AND DIRECTORS TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. THE BANK INTERNAL POLICIES ARE REGULARLY AND CONSISTENTLY MONITORED FOR COMPLIANCE AND ENFORCEMENT BY INTERNAL AND EXTERNAL AUDITORS. FROST BANK HAS A WRITTEN WHISTLEBLOWER POLICY AND A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. COMPENSATION FOR THE TRUSTEE IS EITHER SET BY THE GOVERNING DOCUMENT OR REFLECT CHARGES THAT ARE NORMAL AND CUSTOMARY AS ESTABLISHED BY THE BANK FOR SIMILAR ACCOUNTS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF FORM 1023, TRUST GOVERNING DOCUMENTS, TAX RETURNS, AND FINANCIAL REPORTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. A COPY OF THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.