CHARLES MEYER TRUST: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: CHARLES MEYER TRUST (EIN 74-6035534)
Tax period: 2012-06-01 to 2013-05-31
Filed: 2013-10-28
IRS object ID: 201313019349100001
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 Corp Bonds Schedule
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-10-28T09:49:02-05:00	Timestamp
Tax Period End Date	2013-05-31	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	2012-06-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	746035534	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CHARLES MEYER FOUNDATION	BusinessNameLine1

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

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

Officer Officer

Field	Value	IRS element (for citing)
Name	JANET BERT0LINO	Name
Title	TRUST OFFICER	Title
Date Signed	2013-10-15	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RACHEL OSTEEN	Name
Phone	4097634484	Phone
Date Prepared	2013-10-21	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	502880	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	7990	DividendsRevAndExpnss
Dividends Net Invst Incm	7990	DividendsNetInvstIncm
Dividends Adj Net Incm	7990	DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss	12044	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	35658	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	12044	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	20034	TotalRevenueAndExpenses
Total Net Investment Income	20034	TotalNetInvestmentIncome
Total Adjusted Net Income	7990	TotalAdjustedNetIncome
Accounting Fees Rev And Expnss	1400	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	1400	AccountingFeesNetInvstIncm
Other Expenses Rev And Expnss	4014	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	4014	OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss	5414	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	5414	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	22400	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	22400	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	27814	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	5414	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	22400	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-7780	ExcessOfRevenueOverExpenses
Net Investment Income	14620	NetInvestmentIncome
Adjusted Net Income	7990	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	-12718	CashBOY
Cash EOY	3116	CashEOY
Cash EOYFMV	3116	CashEOYFMV
Prepaid Expenses BOY	409	PrepaidExpensesBOY
Prepaid Expenses EOY	409	PrepaidExpensesEOY
Prepaid Expenses EOYFMV	409	PrepaidExpensesEOYFMV
Investments Corp Bonds BOY	415908	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	392294	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	499355	InvestmentsCorpBondsEOYFMV
Total Assets BOY	403599	TotalAssetsBOY
Total Assets EOY	395819	TotalAssetsEOY
Total Assets EOYFMV	502880	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	73290	CapitalStockBOY
Capital Stock EOY	73290	CapitalStockEOY
Paid In Or Capital Surplus BOY	34317	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	34317	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	295992	RetainedEarningsBOY
Retained Earnings EOY	288212	RetainedEarningsEOY
Total Net Assets BOY	403599	TotalNetAssetsBOY
Total Net Assets EOY	395819	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	403599	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	395819	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	403599	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-7780	ExcessOfRevenueOverExpenses
Subtotal	395819	Subtotal
Total Net Assets Fund Balances EOY	395819	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 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
2624.672 UTS FROST KEMPNER	P	2010-12-31	2012-10-22	30000	23614	6386	6386
LT CG FROST KEMPNER	P	2010-12-31	2012-12-14	5658		5658	5658

Field	Value	IRS element (for citing)
Capital Gain Net Income	12044	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	32350	QualifyingDistributionsYear1
Noncharitable Assets Year1	444225	NoncharitableAssetsYear1
Distribution Ratio Year1	0.072823	DistributionRatioYear1
Qualifying Distributions Year2	27260	QualifyingDistributionsYear2
Noncharitable Assets Year2	468737	NoncharitableAssetsYear2
Distribution Ratio Year2	0.058156	DistributionRatioYear2
Qualifying Distributions Year3	31452	QualifyingDistributionsYear3
Noncharitable Assets Year3	454166	NoncharitableAssetsYear3
Distribution Ratio Year3	0.069252	DistributionRatioYear3
Qualifying Distributions Year4	29301	QualifyingDistributionsYear4
Noncharitable Assets Year4	441605	NoncharitableAssetsYear4
Distribution Ratio Year4	0.066351	DistributionRatioYear4
Qualifying Distributions Year5	31417	QualifyingDistributionsYear5
Noncharitable Assets Year5	625999	NoncharitableAssetsYear5
Distribution Ratio Year5	0.050187	DistributionRatioYear5
Total Distribution Ratio	0.316769	TotalDistributionRatio
Average Distribution Ratio	0.063354	AverageDistributionRatio
Net Noncharitable Assets	465654	NetNoncharitableAssets
Adjusted Noncharitable Assets	29501	AdjustedNoncharitableAssets
One Percent Net Investment Income	146	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	29647	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	22400	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	292	InvestmentIncomeExciseTax
Subtotal	292	Subtotal
Tax Based On Investment Income	292	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	72	EstTaxPaymentsAndOverpayment
Total Credits And Payments	72	TotalCreditsAndPayments
Tax Due	220	TaxDue

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
States Filed With	TX	StatesFiledWith
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	BooksInCareOfPersonName
Books In Care Of Phone Number	4097631151	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 (4 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
FROST NATIONAL BANK
PO BOX 179	GALVESTON	TX	77553	TRUSTEE	5.00	0	0	0
FREDDIE MEIER FROST NAT'L BANK
PO BOX 179	GALVESTON	TX	77553	DIRECTOR	5.00	0	0	0
JANET BERTOLINO TRUST OFFICER
PO BOX 179	GALVESTON	TX	77553	DIRECTOR	5.00	0	0	0
RABBI TEMPLE B'NAI ISRAEL
3008 O	GALVESTON	TX	77550	DIRECTOR	5.00	0	0	0

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	THE ONLY ACTIVITY OF THIS ORGANIZATION IS DIRECT CHARITABLE DONATIONS TO UNDERPRIVILEDGED JEWISH PEOPLE WHO ARE RESIDENTS OF GALVESTON, TEXAS. THIRTEEN INDIVIDUALS WERE GIVEN 31,650.	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	472399	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	346	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	472745	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	472745	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	7091	CashDeemedCharitable
Net Noncharitable Assets	465654	NetNoncharitableAssets
Minimum Investment Return	23283	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	23283	MinimumInvestmentReturn
Tax Based On Investment Income	292	TaxBasedOnInvestmentIncome
Total Tax	292	TotalTax
Distributable Amount Before Adj	22991	DistributableAmountBeforeAdj
Distributable Amount Before Ded	22991	DistributableAmountBeforeDed
Distributable Amount As Adjusted	22991	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	22400	ExpensesAndContributions
Qualifying Distributions	22400	QualifyingDistributions
Adj Qualifying Distributions	22400	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	22991	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	583	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	7619	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	8840	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	3903	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	10239	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	31184	TotalExcessDistriCarryover
Qualifying Distributions	22400	QualifyingDistributions
Applied To Current Year	22400	AppliedToCurrentYear
Excess Distri Cyov App CY Corpus	591	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	591	ExcessDistriCyovAppliedCY
Total Corpus	30593	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	30593	ExcessDistriCyovToNextYear
Excess From Year4	7611	ExcessFromYear4
Excess From Year3	8840	ExcessFromYear3
Excess From Year2	3903	ExcessFromYear2
Excess From Year1	10239	ExcessFromYear1

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	NONE	ContributingManager
Shareholder Manager	NONE	ShareholderManager

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	RABBITEMPLE B' NAI ISRAEL	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	3008 AVENUE O	AddressLine1
City	GALVESTON	City
State	TX	State
ZIP Code	77550	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	4097655796	RecipientPhoneNumber
Form And Info And Materials	PERSONAL CORRESPONDENCE INDICATION OF JEWISH FAITH, RESIDENCE & NEED	FormAndInfoAndMaterials
Submission Deadlines	NONE	SubmissionDeadlines
Restrictions On Awards	UNDERPRIVILEDGED JEWISH PEOPLE WHO ARE RESIDENCE OF GALVESTON, TEXAS	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
W ZEEYAN
PO BOX 179	GALVESTON	TX	77553	NONE	QUAL	CHARITABLE	$500
FKOTIN
PO BOX 179	GALVESTON	TX	77553	NONE	QUAL	CHARITABLE	$12,600
N LEVY
PO BOX 179	GALVESTON	TX	77553	NONE	QUAL	CHARITABLE	$7,800
JCOHEN
PO BOX 179	GALVESTON	TX	77553	NONE	QUAL	CHARITABLE	$1,500

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	22400	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$7,990	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$12,044	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$20,034	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	20034	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)
Amount	$1,400	Amount
Net Investment Income	1400	NetInvestmentIncome

Compensation Explanation CompensationExplanation

Compensation Compensation (4 entries)

FROST NATIONAL BANK
FREDDIE MEIER FROST NAT'L BANK
JANET BERTOLINO TRUST OFFICER
RABBI TEMPLE B'NAI ISRAEL

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

Field	Value	IRS element (for citing)
EOY Book Value	392294	EOYBookValue
EOYFMV	499355	EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome
EXPENSES
TRUSTEE FEES	4014	4014