HARRY & MAXINE ROGERS CHARITABLE TR: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: HARRY & MAXINE ROGERS CHARITABLE TR (EIN 76-6055554)
Tax period: 2012-10-01 to 2013-09-30
Filed: 2014-02-14
IRS object ID: 201410459349100571
Schema version: 2012v2.3
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
Compensation Explanation
Investments Other Schedule2
Other Assets Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-02-14T14:36:59-06:00	Timestamp
Tax Period End Date	2013-09-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LYNCH & COMPANY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 3075	AddressLine1
City	TEXAS CITY	City
State	TX	State
ZIP Code	775923075	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-10-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	766055554	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	HARRY & MAXINE ROGERS CHARITABLE TR	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	HARR	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	C/O FROST NATIONAL BANK PO BOX	AddressLine1
Address Line2	ROOM/SUITE 179	AddressLine2
City	GALVESTON	City
State	TX	State
ZIP Code	77553	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JOHN B SMITH	Name
Title	TRUST OFFICER	Title
Date Signed	2014-02-05	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RACHEL OSTEEN	Name
Phone	4097634484	Phone
Date Prepared	2014-02-07	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-12-30 17:16:21Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	1977489	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Dividends Rev And Expnss	20618	DividendsRevAndExpnss
Dividends Net Invst Incm	20618	DividendsNetInvstIncm
Dividends Adj Net Incm	20618	DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss	59022	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	252562	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	59022	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	79640	TotalRevenueAndExpenses
Total Net Investment Income	79640	TotalNetInvestmentIncome
Total Adjusted Net Income	20618	TotalAdjustedNetIncome
Comp Ofcr Dir Trst Rev And Expnss	14517	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	14367	CompOfcrDirTrstNetInvstIncm
Accounting Fees Rev And Expnss	2450	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	2450	AccountingFeesNetInvstIncm
Taxes Rev And Expnss	105	TaxesRevAndExpnss
Other Expenses Rev And Expnss	18	OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss	17090	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	16817	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	98818	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	98818	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	115908	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	16817	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	98818	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-36268	ExcessOfRevenueOverExpenses
Net Investment Income	62823	NetInvestmentIncome
Adjusted Net Income	20618	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	47060	CashBOY
Cash EOY	61020	CashEOY
Cash EOYFMV	61020	CashEOYFMV
Prepaid Expenses BOY	5900	PrepaidExpensesBOY
Prepaid Expenses EOY	5900	PrepaidExpensesEOY
Prepaid Expenses EOYFMV	5900	PrepaidExpensesEOYFMV
Investments Other BOY	1757196	InvestmentsOtherBOY
Investments Other EOY	1706968	InvestmentsOtherEOY
Investments Other EOYFMV	1910569	InvestmentsOtherEOYFMV
Other Assets BOY	1	OtherAssetsBOY
Other Assets EOY	1	OtherAssetsEOY
Total Assets BOY	1810157	TotalAssetsBOY
Total Assets EOY	1773889	TotalAssetsEOY
Total Assets EOYFMV	1977489	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	1810157	RetainedEarningsBOY
Retained Earnings EOY	1773889	RetainedEarningsEOY
Total Net Assets BOY	1810157	TotalNetAssetsBOY
Total Net Assets EOY	1773889	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	1810157	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	1773889	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	1810157	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-36268	ExcessOfRevenueOverExpenses
Subtotal	1773889	Subtotal
Total Net Assets Fund Balances EOY	1773889	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (15 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
3004.279 UTS FROST KEMPNER	P	1990-11-30	2012-10-16	28030	24413	3617	3617
3238.575 UTS FROST KEMPNER	P	1991-01-31	2012-11-15	28435	27319	1116	1116
2871.086 UTS FROST KEMPNER	P	1990-07-31	2012-12-12	26156	24416	1740	1740
3276.697 UTS FROST DIVIDEND	P	2007-01-17	2013-01-29	31620	31344	276	276
2547.04 UTS FROST GROWTH	P	2003-08-22	2013-01-29	28934	23844	5090	5090
697.812 UTS MAINSTAY	P	2011-06-24	2013-01-29	10621	11381	-760	-760
841.513 UTS FROST KEMPNER	P	1991-03-31	2013-01-29	7969	7122	847	847
248.973 UTS COHEN & STEERS	P	2010-12-16	2013-04-24	11776	7741	4035	4035
661.563 UTS FROST GROWTH	P	2008-09-29	2013-04-24	7668	5408	2260	2260
244.386 UTS FROST DIVIDEND	P	2010-03-26	2013-04-24	2449	2099	350	350
980.626 UTS FROST KEMPNER	P	1991-03-31	2013-07-24	10571	8544	2027	2027
1279.702 UTS FROST DIVIDEND	P	2010-12-16	2013-07-24	13898	11357	2541	2541
101.121 UTS FROST GROWTH	P	2008-09-29	2013-07-24	1268	794	474	474
950.136 UTS FROST KEMPNER	P	1991-03-31	2013-07-26	10233	7758	2475	2475
LTCG DISTRIBUTIONS	P	2013-09-30	2013-09-30	32934		32934	32934

Field	Value	IRS element (for citing)
Capital Gain Net Income	59022	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	93096	QualifyingDistributionsYear1
Noncharitable Assets Year1	1935685	NoncharitableAssetsYear1
Distribution Ratio Year1	0.048095	DistributionRatioYear1
Qualifying Distributions Year2	144121	QualifyingDistributionsYear2
Noncharitable Assets Year2	1961014	NoncharitableAssetsYear2
Distribution Ratio Year2	0.073493	DistributionRatioYear2
Qualifying Distributions Year3	53603	QualifyingDistributionsYear3
Noncharitable Assets Year3	1934285	NoncharitableAssetsYear3
Distribution Ratio Year3	0.027712	DistributionRatioYear3
Qualifying Distributions Year4	109360	QualifyingDistributionsYear4
Noncharitable Assets Year4	1950738	NoncharitableAssetsYear4
Distribution Ratio Year4	0.056061	DistributionRatioYear4
Qualifying Distributions Year5	109815	QualifyingDistributionsYear5
Noncharitable Assets Year5	2203913	NoncharitableAssetsYear5
Distribution Ratio Year5	0.049827	DistributionRatioYear5
Total Distribution Ratio	0.255188	TotalDistributionRatio
Average Distribution Ratio	0.051038	AverageDistributionRatio
Net Noncharitable Assets	1931838	NetNoncharitableAssets
Adjusted Noncharitable Assets	98597	AdjustedNoncharitableAssets
One Percent Net Investment Income	628	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	99225	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	98818	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	1256	InvestmentIncomeExciseTax
Subtotal	1256	Subtotal
Tax Based On Investment Income	1256	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	1639	EstTaxPaymentsAndOverpayment
Total Credits And Payments	1639	TotalCreditsAndPayments
Overpayment	383	Overpayment
Amount Credited To Next Year	383	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	FROST NATIONAL BANK TRUST	BooksInCareOfPersonName
Books In Care Of Phone Number	4097707161	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	2201 MARKET STREET	AddressLine1
City	GALVESTON	City
State	TX	State
ZIP Code	77550	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

Field	Value	IRS element (for citing)
Person Name	FROST BANK	PersonName

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 179	AddressLine1
City	GALVESTON	City
State	TX	State
ZIP Code	77553	ZIPCode

Field	Value	IRS element (for citing)
Title	TRUSTEE	Title
Avg Hours Per Wk Devoted To Position	5.00	AvgHoursPerWkDevotedToPosition
Compensation	14517	Compensation
Contri To Empl Benefit Plans Etc	0	ContriToEmplBenefitPlansEtc
Expense Account Other Allowances	0	ExpenseAccountOtherAllowances

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	DIRECT DONATIONS IN THE TOTAL AMOUNT OF 53,603 WERE MADE TO THE UNIVERSITY OF TEXAS MEDICAL BRANCH FOR THE BENEFIT OF CHARITY PATIENTS.	Description1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	1896300	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	64956	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	1	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	1961257	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	1961257	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	29419	CashDeemedCharitable
Net Noncharitable Assets	1931838	NetNoncharitableAssets
Minimum Investment Return	96592	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	96592	MinimumInvestmentReturn
Tax Based On Investment Income	1256	TaxBasedOnInvestmentIncome
Total Tax	1256	TotalTax
Distributable Amount Before Adj	95336	DistributableAmountBeforeAdj
Distributable Amount Before Ded	95336	DistributableAmountBeforeDed
Distributable Amount As Adjusted	95336	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	98818	ExpensesAndContributions
Qualifying Distributions	98818	QualifyingDistributions
Adj Qualifying Distributions	98818	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	95336	DistributableAmountAsAdjusted
Qualifying Distributions	98818	QualifyingDistributions
Applied To Current Year	95336	AppliedToCurrentYear
Remaining Distri From Corpus	3482	RemainingDistriFromCorpus
Total Corpus	3482	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	3482	ExcessDistriCyovToNextYear
Excess From Current Year	3482	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Field	Value	IRS element (for citing)
Recipient Person Name	UNIVERSITY OF TEXAS MEDIC	RecipientPersonName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	400 HARBORSIDE	AddressLine1
City	GALVESTON	City
State	TX	State
ZIP Code	77555	ZIPCode

Field	Value	IRS element (for citing)
Recipient Relationship	N/A	RecipientRelationship
Recipient Foundation Status	N/A	RecipientFoundationStatus
Purpose Of Grant Or Contribution	CHARITY PATIENTS	PurposeOfGrantOrContribution
Amount	$98,818	Amount

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	98818	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$20,618	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$59,022	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$79,640	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	79640	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	Category
Amount	$2,450	Amount
Net Investment Income	2450	NetInvestmentIncome

Compensation Explanation CompensationExplanation

Compensation Compensation

Field	Value	IRS element (for citing)
Person Name	FROST BANK	PersonName

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

Field	Value	IRS element (for citing)
Category Or Item	MUTUAL FUNDS	CategoryOrItem
Book Value	1706968	BookValue
EOYFMV	1910569	EOYFMV

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	MINERAL INTEREST	Description
BOY Book Value	1	BOYBookValue
EOY Book Value	1	EOYBookValue

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks
EXPENSES
ROYALTY EXPENSES	18

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	TAXES	Category
Amount	$105	Amount