COASTAL BEND COMMUNITY FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- COASTAL BEND COMMUNITY FOUNDATION (EIN 74-2190039)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-13
- IRS object ID
- 201242269349300709
- Schema version
- 2011v1.2
- 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
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-13T08:44:56-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742727133 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kirk Monroe & Klostermann LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1016 Santa Fe Suite 201 | AddressLine1 |
| City | Corpus Christi | City |
| State | TX | State |
| ZIP Code | 78404 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742190039 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Coastal Bend Community Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COAS | NameControl |
| Phone | 3618829745 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 Leopard Street No 1716 | AddressLine1 |
| City | Corpus Christi | City |
| State | TX | State |
| ZIP Code | 78401 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Karen W Selim | Name |
| Title | President and CEO | Title |
| Phone | 3618829745 | Phone |
| Date Signed | 2012-07-20 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Phillip G Monroe | Name |
| PTIN | P00231323 | PTIN |
| Phone | 3618827131 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Karen W Selim | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 Leopard Street No 1716 | AddressLine1 |
| City | Corpus Christi | City |
| State | TX | State |
| ZIP Code | 78401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 9074635 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.cbcfoundation.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1980 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | To enhance the quality of life in the Coastal Bend area of Texas through charitable & educational grants. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 25 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 24 | NbrIndependentVotingMembers |
| Total Nbr Employees | 6 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 34154 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 38802 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3508881 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5911828 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5082 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3680 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2087434 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2408602 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 611753 | OtherRevenuePriorYear |
| Other Revenue Current Year | 750525 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6213150 | TotalRevenuePriorYear |
| Total Revenue Current Year | 9074635 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2949109 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 2766890 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 360917 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 358027 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 114856 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1103856 | OtherExpensePriorYear |
| Other Expenses Current Year | 1212022 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4413882 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4336939 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1799268 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 4737696 | RevenuesLessExpensesCY |
| Total Assets BOY | 43412381 | TotalAssetsBOY |
| Total Assets EOY | 47066102 | TotalAssetsEOY |
| Total Liabilities BOY | 3914251 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3905973 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 39498130 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 43160129 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | To enhance the quality of life in the Coastal Bend area of Texas through charitable and educational grants. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2920057 | Expense |
| Grants | 1797472 | Grants |
| Revenue | 2689455 | Revenue |
| Description | The Foundation makes grants to nonprofit organizations to improve the quality of life in the Coastal Bend area of Texas from unrestricted, field-of-interest, designated, special project and donor advised funds. Ongoing activities from project funds include "Maps in Schools", whereby the Corpus christi Geological Society presents laminated, framed USGS Maps of Time and Terrain to schools across the country, primarily in Oklahoma and Texas. Other projects of the Corpus Christi Geological Society includes "Bones in Schools" whereby schools are presented with an Ice Age Mamoth bone, a framed Ice Age Mural along with a presentation by a geologist and "Boulders in Schools" whereby schools are presented with large boulders of three rock types - Sedimentary, metamorphic and igneous. The rocks are labeled as: rock type, composition, location and age. Another project fund provides bikes to needy children at Christmas time. In 2011, 160 bicycles with kickstands and helmets were presented to needy children. "Destination Bayfront Special Project Fund" is involved in coordinating the study of a land-use plan for the Corpus Christi Bayfront area, thereafter turning over the plan to the City of Corpus Christi for its consideration and implementation. New programs include the Corpus Christi Geological Society History Project which is in the process of recording a television documentary about how the oil and gas industry in South Texas was built called "Oilmen: Tales from the South Texas Oil Patch." The program is intended for broadcast by public television stations in South Texas, and other areas of Texas and beyond. A modified version will be offered to schools in South Texas. The project is incomplete at the end of 2011 but should be completed by the end of 2012. Another project fund, "Citizens in Support of the Corpus Christi Police Department" along with its ongoing programs for nonweapon police supplies, counseling and training for police personnel, sponsored two community programs in 2011. The first was a "Walk/Run to Honor the Fallen Heroes of September 11, 2001." The other project was "Decision House" a two day activity with skits and support to Help Children/Teenagers Understand the Consequences of Bad Decisions. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 698602 | Expense |
| Grants | 621282 | Grants |
| Revenue | 350174 | Revenue |
| Description | The Foundation provides scholarships and fellowships to students from the seven county area of the Coastal Bend of Texas in accordance with the terms of the approximately 100 scholarship and fellowship funds it holds. During 2011, 412 scholarships were awarded. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 379568 | Expense |
| Grants | 348136 | Grants |
| Revenue | 94045 | Revenue |
| Description | The Foundation provides hardship grants for employees of one organization. These grant requests are reviewed on a case by case basis in accordance with the terms of the employee assistance fund agreements. During 2011, 524 grants were awarded and 129 grants were denied, cancelled or withdrawn. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 3998227 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 1 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 1 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 1 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 64 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 6 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Name Of Foreign Country | BD | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 25 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 24 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | TX | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Beverly Harper | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3618829745 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 Leopard Street Suite 1716 | AddressLine1 |
| City | Corpus Christi | City |
| State | TX | State |
| ZIP Code | 78401 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (28 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| Clare Atkinson Wonders | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Nancy Johnson Bellows | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Rumaldo Juarez | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| F John Shepherd III | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Laura Fischer | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Richard Bianchi | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Leah Pagan Olivarri | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Dale K Wilson | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Hank Nuss | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Jack W Wright | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Jon Whatley | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Susan Hutchinson | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Robert Furgason | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Kathleen M White | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Larry Aduddell | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Laura Miller | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Fred J Nemec | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Joe Henkel | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Karen O'Connor Urban | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Bobby Galvan | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Lou Adele May | ||||||
| Chairman | 5.00 | X | 0 | 0 | 0 | X |
| Sylvia Whitmore | ||||||
| Vice Chairman | 1.00 | X | 0 | 0 | 0 | X |
| William Whitworth | ||||||
| Treasurer | 1.00 | X | 0 | 0 | 0 | X |
| Jean Claire Turcotte | ||||||
| Secretary | 1.00 | X | 0 | 0 | 0 | X |
| Karen Selim | ||||||
| President & CEO | 40.00 | 102682 | 0 | 18128 | X | |
| Martha Daniels | ||||||
| Assistant Secretary/Director of Development | 40.00 | 56700 | 0 | 9257 | X | |
| Susan Jackson | ||||||
| Assistant Secretary/Director of Grants | 40.00 | 51950 | 0 | 14486 | X | |
| Beverly Harper | ||||||
| Finance Director | 40.00 | 61500 | 0 | 17013 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 272832 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 58884 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 93093 | FundraisingEvents |
| All Other Contributions | 5818735 | AllOtherContributions |
| Noncash Contributions | 2133886 | NoncashContributions |
| Total Contributions | 5911828 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Educational Maps/Books | 900099 | 2615 | 2615 |
| Asthma Camp | 900099 | 1065 | 1065 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3680 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1187527 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1187527 | RelatedOrExemptFunctionIncome |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 73861 | TotalRevenueColumn |
| Related Or Exempt Function Income | 73861 | RelatedOrExemptFunctionIncome |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 203856 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 42343 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 161513 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 161513 | TotalRevenueColumn |
| Related Or Exempt Function Income | 127359 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 34154 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 43517718 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 42296643 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1221075 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1221075 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1221075 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 65032 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 93093 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 70053 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -5021 | TotalRevenueColumn |
| Exclusion | -$5,021 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Administrative Fees | 561000 | 518299 | 518299 |
| Class action lawsuit | 900099 | 1873 | 1873 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 520172 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9074635 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3133674 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 34154 | UnrelatedBusinessRevenue |
| Exclusion | -$5,021 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1786522 | Total |
| Program Services | 1786522 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 964968 | Total |
| Program Services | 964968 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15400 | Total |
| Program Services | 15400 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 272832 | Total |
| Program Services | 97913 | ProgramServices |
| Management And General | 111702 | ManagementAndGeneral |
| Fundraising | 63217 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25554 | Total |
| Program Services | 11128 | ProgramServices |
| Management And General | 14426 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8472 | Total |
| Program Services | 3110 | ProgramServices |
| Management And General | 3466 | ManagementAndGeneral |
| Fundraising | 1896 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28894 | Total |
| Program Services | 13497 | ProgramServices |
| Management And General | 12387 | ManagementAndGeneral |
| Fundraising | 3010 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22275 | Total |
| Program Services | 7908 | ProgramServices |
| Management And General | 9478 | ManagementAndGeneral |
| Fundraising | 4889 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31585 | Total |
| Program Services | 31585 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28117 | Total |
| Program Services | 2015 | ProgramServices |
| Management And General | 15559 | ManagementAndGeneral |
| Fundraising | 10543 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10000 | Total |
| Management And General | 10000 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 229380 | Total |
| Program Services | 229380 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 448 | Total |
| Program Services | 448 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19784 | Total |
| Program Services | 4207 | ProgramServices |
| Fundraising | 15577 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22613 | Total |
| Program Services | 10076 | ProgramServices |
| Management And General | 8300 | ManagementAndGeneral |
| Fundraising | 4237 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24641 | Total |
| Program Services | 11296 | ProgramServices |
| Management And General | 9395 | ManagementAndGeneral |
| Fundraising | 3950 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23424 | Total |
| Program Services | 10775 | ProgramServices |
| Management And General | 9135 | ManagementAndGeneral |
| Fundraising | 3514 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4307 | Total |
| Program Services | 2027 | ProgramServices |
| Management And General | 1116 | ManagementAndGeneral |
| Fundraising | 1164 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3545 | Total |
| Management And General | 2935 | ManagementAndGeneral |
| Fundraising | 610 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23555 | Total |
| Program Services | 23555 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3271 | Total |
| Management And General | 3271 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7547 | Total |
| Program Services | 1575 | ProgramServices |
| Management And General | 5972 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| Admistrative Fee Expens | 518299 | 518299 |
| Educational Projects | 112809 | 112809 |
| Community and health pr | 101867 | 101867 |
| Park Projects | 27769 | 27769 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19061 | Total |
| Program Services | 10098 | ProgramServices |
| Management And General | 6714 | ManagementAndGeneral |
| Fundraising | 2249 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4336939 | Total |
| Program Services | 3998227 | ProgramServices |
| Management And General | 223856 | ManagementAndGeneral |
| Fundraising | 114856 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 353875 | BOY |
| EOY | 357195 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 67117 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34070 | BOY |
| EOY | 66971 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5424 | BOY |
| EOY | 18626 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18889 | BOY |
| EOY | 25995 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3264474 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 79120 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2802459 | BOY |
| EOY | 3185354 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40191431 | BOY |
| EOY | 43337156 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6233 | BOY |
| EOY | 7688 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43412381 | BOY |
| EOY | 47066102 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9446 | BOY |
| EOY | 17535 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 547359 | BOY |
| EOY | 427114 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3357446 | BOY |
| EOY | 3461324 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3914251 | BOY |
| EOY | 3905973 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2617611 | BOY |
| EOY | 2612979 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10271984 | BOY |
| EOY | 12420544 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26608535 | BOY |
| EOY | 28126606 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39498130 | BOY |
| EOY | 43160129 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43412381 | BOY |
| EOY | 47066102 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 4737696 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1075697 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3385409 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3901035 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2715892 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3508881 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5911828 | CurrentTaxYear |
| Total | 19423045 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3385409 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3901035 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2715892 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3508881 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5911828 | CurrentTaxYear |
| Total | 19423045 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 19423045 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1326920 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1276052 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 945784 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 787477 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1465244 | CurrentTaxYear |
| Total | 5801477 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 298505 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 215987 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 392058 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 542918 | CurrentTaxYearMinus1Year |
| Current Tax Year | 585205 | CurrentTaxYear |
| Total | 2034673 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 27259195 | TotalSupport |
| Public Support Pertcentage170 | 0.71250 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.70070 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 55 | NumberDAFsHeld |
| Number Funds Held | 80 | NumberFundsHeld |
| Donor Advised Contributions | 2722378 | DonorAdvisedContributions |
| Contrib To Funds And Other Accounts | 588454 | ContribToFundsAndOtherAccounts |
| Grants Paid From Donor Funds | 791213 | GrantsPaidFromDonorFunds |
| Grants Funds And Other Accounts | 380898 | GrantsFundsAndOtherAccounts |
| Aggregate DAF Value | 5026863 | AggregateDAFValue |
| Aggregate Fund Value | 6121380 | AggregateFundValue |
| Disclosed Orgs Legal Control | 1 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 1 | DisclosedForCharitablePurposes |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 31502191 | BeginningOfYearBalance |
| Contributions | 1606139 | Contributions |
| Investment Earnings Or Losses | 1586864 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -677387 | GrantsOrScholarships |
| Other Expenditures | -560093 | OtherExpenditures |
| Administrative Expenses | -461603 | AdministrativeExpenses |
| End Of Year Balance | 32996111 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 27626385 | BeginningOfYearBalance |
| Contributions | 1113826 | Contributions |
| Investment Earnings Or Losses | 4162305 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -884644 | GrantsOrScholarships |
| Other Expenditures | -46792 | OtherExpenditures |
| Administrative Expenses | -468889 | AdministrativeExpenses |
| End Of Year Balance | 31502191 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22933799 | BeginningOfYearBalance |
| Contributions | 672512 | Contributions |
| Investment Earnings Or Losses | 5116638 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -592992 | GrantsOrScholarships |
| Administrative Expenses | -503572 | AdministrativeExpenses |
| End Of Year Balance | 27626385 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 32771461 | BeginningOfYearBalance |
| Contributions | 1020397 | Contributions |
| Investment Earnings Or Losses | -9190204 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1149957 | GrantsOrScholarships |
| Other Expenditures | -63657 | OtherExpenditures |
| Administrative Expenses | -454241 | AdministrativeExpenses |
| End Of Year Balance | 22933799 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.07300 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.78200 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.14500 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 2757952 | InvestmentCostOrOtherBasis |
| Book Value | 2757952 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 349441 | InvestmentCostOrOtherBasis |
| Book Value | 349441 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 69200 | InvestmentCostOrOtherBasis |
| Book Value | 69200 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 87881 | OtherCostOrOtherBasis |
| Depreciation | 79120 | Depreciation |
| Book Value | 8761 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 3185354 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Funds Held as Agency Endowments | Description |
| Amount | $3,461,324 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3461324 | TotalOfAmounts |
| Total Revenue | 9074635 | TotalRevenue |
| Total Expenses | 4336939 | TotalExpenses |
| Excess Or Deficit For Year | 4737696 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -976942 | NetUnrealizedGLOnInvestments |
| Other | -$98,755 | OtherAmount |
| Total Adjustments | -1075697 | TotalAdjustments |
| Excess Or Deficit Per FS | 3661999 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7983793 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -976942 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 18175 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | -958767 | RevenueNotRptdF990 |
| Revenue Subtotal | 8942560 | RevenueSubtotal |
| Other Revenues Not Included | 132075 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 132075 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 9074635 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4321794 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 18175 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 18175 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4303619 | ExpensesSubtotal |
| Other Expenses Not Included | 33320 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 33320 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4336939 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Intended Use of Endowment Funds: | Part V, Line 4: | The Foundation's endowment funds are used for unrestricted grants to nonprofit organizations to improve the quality of life in the Coastal Bend area of Texas. |
| Description of Uncertain Tax Positions Under FIN 48: | Part X: | Financial Accounting Standards Board(FASB)Interpretation 48, Accounting for Uncertainty in Income Taxes(FASB)Accounting Standards Codification(ASC)740 requires the Foundation to disclose its policy for evaluating uncertain tax positions. The Foundation evaluates its uncertain tax positions using the provisions of ASC 450, Contingencies. Accordingly, a loss continguency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of the loss can be reasonably estimate. The amount recognized is subject to estimate and management judgment with respect to the likely outcome of each uncertain tax position. Managment has evaluated all tax positions taken by the Foundation and has recognized no liability as of the date of the financial statements. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. With few exceptions, the Foundation is no longer subject to examinations by the U.S. federal, state or local tax authorities for years before 2008, which is the standard statute of limitations look-back period. |
| Part XI, Line 8 - Other Adjustments: | Change in Agency Endowment Funds -98,755. | |
| Part XI,Line 8 - Change in Agency Endowment Funds -98,755 Part XII,Line 4b - Agency Endowment Revenue 248,468, Expenses Netted Against Revenue -116,393 Part XIII,Line 4b -Agency Endowment Expenses 149,713, Expenses Netted Against Revenue -116,393 Part X, Line 2: See Schedule O |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| North Atlantic-Bermuda | 0 | 0 | Investments | 1690111 |
| Central America-Caribbean | 0 | 0 | Investments | 4927593 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 6617704 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 6617704 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Global | Region |
| Purpose Of Grant | Help build spiritual movements everywhere. | PurposeOfGrant |
| Amount Of Cash Grant | 5300 | AmountOfCashGrant |
| Manner Of Cash Disbursement | Check | MannerOfCashDisbursement |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | Book | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 6 | TotalNumberOf501c3Orgs |
| Total Number Of Other Orgs | 0 | TotalNumberOfOtherOrgs |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Accounting Method and Expenses | Identifier |
| Return Reference | Part 1, line 3, column f | ReturnReference |
| Explanation | Accounting method used for investments is Fair Market Value. There are no expenditures in this column, only investment values. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Harvey Weil Fundraising Dinner | NameOfEvent1 |
| Gross Receipts Event1 | 125996 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 70087 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 55909 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 381 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 14318 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 43613 | FoodAndBeverageEvent1 |
| Name Of Event2 | Citizens-Support of Pol Dept Dinner | NameOfEvent2 |
| Gross Receipts Event2 | 23000 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 13877 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 9123 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 11454 | FoodAndBeverageEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 9129 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 9129 | CharitableContribOtherEvents |
| Other Direct Expenses Other Events | 287 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 158125 | GrossReceiptsTotal |
| Charitable Contributions Total | 93093 | CharitableContributionsTotal |
| Gross Revenue Total Events | 65032 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 381 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 14318 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 55067 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 287 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 70053 | DirectExpenseSummaryEvents |
| Net Income Summary | -5021 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (76 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| Foster Youth Life Investment Partners | |||||||
| PO Box 7743 | Corpus Christi | TX | 78467 | 200014082 | 501 (c) (3) | 13385 | College assistance, Housing,medical and utility assistance |
| Coastal Bend Wildlife Habitat Educational Program Inc | |||||||
| 711 N Carancahua Street Ste 120 | Corpus Christi | TX | 78475 | 200960059 | 501 (c) (3) | 15593 | General Program Support |
| Aransas County ISD Education Foundation Inc | |||||||
| PO Box 195 | Rockport | TX | 78381 | 742998660 | 501 (c) (3) | 10500 | General Educational Program Support |
| Texas State Aquarium Association | |||||||
| 2710 N Shoreline Blvd | Corpus Christi | TX | 78402 | 237044950 | 501 (c) (3) | 8000 | General program support |
| Aransas County Medical Services Inc | |||||||
| PO Box 821 | Rockport | TX | 78381 | 741850482 | 501 (c) (3) | 18441 | Communication system |
| Salvation Army | |||||||
| 416 West Colonial | Orlando | FL | 32804 | 580660607 | 501 (c) (3) | 42972 | Diabetic shoe program, Operating expenses,General Program Support |
| Baker Middle School | |||||||
| 3445 Pecas Street | Corpus Christi | TX | 78411 | 746000581 | State Agency | 8000 | Educational support |
| Young Womens Christian Association of Corpus Christi | |||||||
| 4601 Corona Drive | Corpus Christi | TX | 78411 | 741157366 | 501 (c) (3) | 5250 | General Program support |
| First United Methodist Church | |||||||
| 900 South Shoreline Blvd | Corpus Christi | TX | 78401 | 741166910 | 501 (c) (3) | 106500 | General Program support |
| Wesley Community Center | |||||||
| PO Box 586 | Robstown | TX | 78380 | 741185657 | 501 (c) (3) | 12972 | Senior food and nutrition program and General Program support |
| Camp Aranzazu Inc | |||||||
| 5420 FM 1781 | Rockport | TX | 78382 | 743032285 | 501 (c) (3) | 7300 | Scholarships for children to attend camp |
| American Red Cross Coastal Bend Texas Chapter | |||||||
| PO Box 3429 | Corpus Christi | TX | 78463 | 741207551 | 501 (c) (3) | 12500 | General Program support |
| United Way of the Coastal Bend Inc | |||||||
| 711 N Carancahua Street Suite 302 | Corpus Christi | TX | 78475 | 741207552 | 501 (c) (3) | 6209 | Christmas appeal, Jim Wells County Support, General program support |
| YMCA of Corpus Christi | |||||||
| 417 South Upper Broadway | Corpus Christi | TX | 78401 | 741211670 | 501 (c) (3) | 19450 | Partner with Youth Campaign,General Program support |
| Braggin Rights Volleyball Club Inc | |||||||
| PO Box 2861 | Corpus Christi | TX | 78403 | 320163434 | 501 (c) (3) | 40000 | Sports program support |
| Mary McLeod Bethune Day Nursery Inc | |||||||
| 900 Kinney Street | Corpus Christi | TX | 78401 | 741238426 | 501 (c) (3) | 10114 | General operating support |
| Cathedral Conert Series Inc | |||||||
| 505 N Upper Broadway | Corpus Christi | TX | 78401 | 742863573 | 501 (c) (3) | 12000 | Arts support |
| Catholic Charities of Corpus Christi Inc | |||||||
| 1322 Comanche Street | Corpus Christi | TX | 78401 | 742330464 | 501 (c) (3) | 16582 | General Program support |
| Gulf Coast Humane Society | |||||||
| 3118 Cabaniss Pkwy | Corpus Christi | TX | 78415 | 741266245 | 501 (c) (3) | 7339 | General Program support |
| Boys & Girls Club of Corpus Christi Inc | |||||||
| 3902 Greenwood Drive | Corpus Christi | TX | 78416 | 741294586 | 501 (c) (3) | 8000 | After School program support, underserved youth support general program support |
| Family Counseling Service | |||||||
| 3833 South Staples St Suite S203 | Corpus Christi | TX | 78411 | 741321308 | 501 (c) (3) | 10000 | Senior Counseling Support |
| Coastal Bend Council of Governments | |||||||
| PO Box 9909 | Corpus Christi | TX | 784699909 | 741586230 | State Agency | 7500 | General program support |
| Corpus Christi Chamber Music Society Inc | |||||||
| PO Box 60124 | Corpus Christi | TX | 784660124 | 742217829 | 501 (c) (3) | 10000 | General program support |
| Coastal Bend Alcohol-Drug Rehab Center | |||||||
| PO Box 4996 | Corpus Christi | TX | 78469 | 741595867 | 501 (c) (3) | 20972 | Support Drug & Alcohol Abuse for Homeless, General operating support |
| Good Samaritan Rescue Mission | |||||||
| PO Box 65 | Corpus Christi | TX | 78403 | 741611894 | 501 (c) (3) | 27972 | Unfunded Meals for Low Income Clients, General Program Support |
| South Texas Public Broadcasting System Inc | |||||||
| 939 South Stadium Road | Columbia | SC | 29201 | 741616224 | 501 (c) (3) | 31200 | Challenge Program, General Program Support |
| Art Community Center of Corpus Christi | |||||||
| 100 North Shoreline Blvd | Corpus Christi | TX | 78401 | 741716003 | 501 (c) (3) | 12500 | General Program and Operating Support |
| Texas A & M University at Corpus Christi | |||||||
| 6300 Ocean Drive | Corpus Christi | TX | 78412 | 741760663 | State Agency | 64760 | President's Council Support,Scholarship Programs,mechanical engineering program, diabetes research support, MoM student research program, general program support |
| Aransas County Council on Aging | |||||||
| 912 South Church Street | Rockport | TX | 78382 | 741796095 | 501 (c) (3) | 12972 | General Program support |
| Christus Spohn Health System Development Foundation | |||||||
| 600 Elizabeth Street | Corpus Christi | TX | 78404 | 741906005 | 501 (c) (3) | 45750 | General program support |
| Women's Shelter of South Texas | |||||||
| PO Box 3368 | Corpus Christi | TX | 78463 | 741943398 | 501 (c) (3) | 19972 | Battering Program, General Program Support |
| Special Olympics Texas Inc | |||||||
| 7715 Chevy Chase Drive Suite 120 | Austin | TX | 78752 | 741998367 | 501 (c) (3) | 10000 | General Program Support |
| Episcopal Church of the Advent | |||||||
| PO Box 1937 | Alice | TX | 78333 | 746022217 | 501 (c) (3) | 7543 | General Program Support |
| Palmer Drug Abuse Program of Corpus Christi Inc | |||||||
| 3104 South Alameda Street | Corpus Christi | TX | 78404 | 742200058 | 501 (c) (3) | 25805 | General Progam Support |
| Food Bank of Corpus Christi | |||||||
| 826 Krill Street | Corpus Christi | TX | 78408 | 742234089 | 501 (c) (3) | 35582 | Fund Mobile Food Pantries, General Program Support |
| Corpus Christi Metro Ministries | |||||||
| PO Box 4899 | Corpus Christi | TX | 78469 | 742247261 | 501 (c) (3) | 184437 | Loaves and Fishes Program Support, Breakfast Fund, General Program Support |
| Beeville Vineyard Inc | |||||||
| 210 North Monroe Street | Beeville | TX | 78102 | 742314158 | 501 (c) (3) | 15549 | General Program Support |
| Cru | |||||||
| PO Box 628222 | Orlando | FL | 328629841 | 956006173 | 501 (c) (3) | 5300 | General program support |
| Communities in School Corpus Christi Inc | |||||||
| PO Box 331203 | Corpus Christi | TX | 78463 | 742429445 | 501 (c) (3) | 8750 | General Program Support |
| First United Methodist Church | |||||||
| PO Box 808 | Taft | TX | 78390 | 742524820 | 501 (c) (3) | 6500 | Exercise equipment |
| Corpus Christi Hope House Inc | |||||||
| 658 Robinston Street | Corpus Christi | TX | 78404 | 742480299 | 501 (c) (3) | 7172 | Celebration for Life Project Support, General Program Support |
| Foster Angels of South Texas Foundation | |||||||
| PO Box 18863 | Corpus Christi | TX | 78480 | 410604440 | 501 (c) (3) | 16472 | General program support |
| Junior League of Corpus Christi | |||||||
| 4050 Weber Road | Corpus Christi | TX | 78411 | 746053163 | 501 (c) (3) | 5250 | Fairy Tale Ball, general program support |
| Make-A-Wish Foundation of the Texas Gulf Coast and Louisiana Inc | |||||||
| Suite 255 | Houston | TX | 77005 | 760116615 | 501 (c) (3) | 9138 | General Program Support |
| Driscoll Children's Hospital | |||||||
| PO Box 6530 | Corpus Christi | TX | 78466 | 742577746 | 501 (c) (3) | 11750 | Fiesta de los Ninos, Child Life Program, General Program Support |
| Coastal Bend Bays Foundation Inc | |||||||
| PO Box 23025 | Corpus Christi | TX | 78403 | 742603919 | 501 (c) (3) | 10139 | General Program Support |
| K Space Contemporary | |||||||
| 415D Starr Street | Corpus Christi | TX | 78401 | 743006446 | 501 (c) (3) | 10000 | Arts support |
| Ark Assessment Center & Emergency Shelter for Youth | |||||||
| 12960 Leopard Street | Corpus Christi | TX | 78410 | 742859907 | 501 (c) (3) | 19072 | General Progam Support |
| Rockport-Fulton Good Samaritans Inc | |||||||
| 507 S Ann Street | Rockport | TX | 78382 | 742592626 | 501 (c) (3) | 12972 | General Program Support |
| Make-A-Wish of Central and South Texas | |||||||
| 2224 Walsh Tarlton Lane Ste 200 | Austin | TX | 78746 | 742357788 | 501 (c) (3) | 10000 | General program support |
| Locher Food Pantry | |||||||
| 501 S Staples Street | Corpus Christi | TX | 78401 | 742393413 | 501 (c) (3) | 7500 | General program support |
| Corpus Christi Symphony Society Inc | |||||||
| 555 N Carancahua Ste 410 | Corpus Christi | TX | 78401 | 746011470 | 501 (c) (3) | 47000 | Sponser 2011/2012 season, General Program Support |
| Taft Little League | |||||||
| PO Box 481 | Taft | TX | 78390 | 742724361 | 501 (c) (3) | 6307 | Concession stand equipment` |
| South Texas Institute for the Arts | |||||||
| 1902 North Shoreline Blvd | Corpus Christi | TX | 78401 | 746025882 | 501 (c) (3) | 40050 | Exhibit Support, collector's club,General Program Support |
| Most Precious Blood Catholic Church | |||||||
| 3502 Saratoga Blvd | Corpus Christi | TX | 78415 | 746089686 | 501 (c) (3) | 10000 | General Program Supprt. |
| HALO Flight Inc | |||||||
| 315 Pinson Drive | Corpus Christi | TX | 78406 | 742235660 | 501 (c) (3) | 13974 | General Program Support |
| Boy Scouts of America Council | |||||||
| 700 Everhart Terrace Bldg A | Corpus Christi | TX | 78411 | 752675978 | 501 (c) (3) | 18383 | General Program Support |
| Christ Evangelical Presbyterian Church | |||||||
| 8300 Katy Freeway | Houston | TX | 77024 | 760332175 | 501 (c) (3) | 20000 | General Program Support |
| Mission of Mercy Inc | |||||||
| PO Box 102 | Fairfield | PA | 17320 | 860704883 | 501 (c) (3) | 8672 | General Program support |
| Timon's Ministries | |||||||
| 10501 South Padre Island Drive | Corpus Christi | TX | 78418 | 311638327 | 501 (c) (3) | 38772 | General Program support |
| University of Texas at Austin | |||||||
| PO Box 7758 UT Station | Austin | TX | 787137758 | 746000203 | State Agency | 18850 | Conservation research projects, other projects and general support |
| USS Lexington Museum on the Bay | |||||||
| PO Box 23076 | Corpus Christi | TX | 784033076 | 742615466 | 501 (c) (3) | 7500 | Museum support |
| Windsor Park Elementary School | |||||||
| 4525 S Alameda | Corpus Christi | TX | 78412 | 746000581 | State Agency | 9000 | General school support |
| Virginia Tech Foundation Inc | |||||||
| 902 Prices Fork Road | Blacksburg | VA | 24060 | 540721690 | 501 (c) (3) | 8750 | Scholarship and educational support |
| Del Mar College Foundation Inc | |||||||
| 101 Baldwin | Corpus Christi | TX | 78404 | 742286234 | 501 (c) (3) | 38471 | Vocational Scholarships, General Program Support |
| Congregation Beth Israel | |||||||
| 4402 Saratoga Blvd | Corpus Christi | TX | 78413 | 746000619 | 501 (c) (3) | 16085 | Rabbi's Discretionary Fund, General program support |
| Youth Odyssey Inc | |||||||
| PO Box 331394 | Corpus Christi | TX | 78463 | 742817641 | 501 (c) (3) | 8550 | General program support |
| Texas A&M University - Kingsville | |||||||
| 700 University Blvd MSC 101 | Kingsville | TX | 78363 | 746001530 | state Agency | 17500 | Historic Documentation Program; Symphony Support |
| St Anthony Catholic Church | |||||||
| 3818 CR 61 | Robstown | TX | 783805737 | 741483603 | 501 (c) (3) | 11000 | Program Support |
| American Cancer Society | |||||||
| 4101 S Alameda | Corpus Christi | TX | 78411 | 131788491 | 501 (c) (3) | 7500 | Program Support |
| Nueces County Dept of Human Services | |||||||
| 901 Leopard St Rm 302 | Corpus Christi | TX | 78401 | 746000585 | State Agency | 10000 | Elderly Program Support |
| Corpus Christi ISD | |||||||
| PO Box 110 | Corpus Christi | TX | 78403 | 746000581 | State Agency | 10000 | Educational support |
| Texas A & M University-Kingsville Foundation Inc | |||||||
| PO Box 2202 | Kingsville | TX | 78363 | 237166534 | 501 (c) (3) | 7500 | Javelina Camp |
| Peewee's Pet Adoption World | |||||||
| 1307 Saratoga | Corpus Christi | TX | 78417 | 742746680 | 501 (c) (3) | 9932 | General Program Support |
| Island Presbyterian Church | |||||||
| 14031 Fortuna Bay Drive | Corpus Christi | TX | 78418 | 742781786 | 501 (c) (3) | 10006 | General Program Support |
| University of Iowa Foundation | |||||||
| PO Box 4550 | Iowa City | IA | 522444550 | 420796760 | 501 (c) (3) | 8000 | College of Medicine |
Form990 Schedule I Part III Form990ScheduleIPartIII (7 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Funeral Assistance | 43 | 111990 |
| Rent/Mortgage Assistance | 220 | 133661 |
| Medical/Prescription Assistance | 96 | 55025 |
| Food/Clothing Assistance | 50 | 13350 |
| Utility Assistance | 105 | 23049 |
| Scholarship/Fellowship Awards | 412 | 616832 |
| Other Assistance | 10 | 11061 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Unrestricted grant requests are reviewed by the Grants Committee and recommendations are given to the Board of Directors for approval in our spring and fall grant award process. The Director of Grants obtains reports from the grantees annually for their use of funds to determine the grantee's compliance with the intended use of the funds. Scholarship applications are reviewed by the Scholarship Committee and recommendations are given to the Board of Directors for approval in our spring and fall scholarship review process in accordance with the scholarship agreements. The scholarship checks are sent to the college or university financial aid office. The Director of Development obtains outside scholarship and fellowship committee information to determine their compliance with IRS regulations. Employee assistance grant requests are reviewed by our Director of Development for compliance with the fund agreement specifications. These grants are not sent directly to the individuals except for hurricane relief, which are restricted for redemption. Grants from donor advised, field-of-interest, designated or other types of funds are reviewed for compliance with the terms of the fund agreement. The Director of Grants reviews the 501(c)(3) status for all grantees. The Foundaiton does not send grants to nonexempt organizations. All grants are approved by the Board of Directors at the quarterly board meeting. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Joe Henkel | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Director | Relationship |
| Amount Of Transaction | 43000 | AmountOfTransaction |
| Description Of Transaction | Purchased CD at Kleberg Bank | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 10 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2127671 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Stock Market Quotation | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Mineral Interests | 4 | 4 | Fair Market Value |
| X | Note Receivable | 2 | 6211 | Fair Market Value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Method for Determining Number of Contributors: | Identifier |
| Return Reference | Part I, Column (b): | ReturnReference |
| Explanation | Part 1, column b The number of contributions for gifts of securities is the number of gifts by gift date without regard to the quantity of stock certificates or other securities. For all other types of property the number of gifts is the quatity of items received. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | Chairman of Board is parent to one of the Directors. | |
| Form 990, Part VI, Section B, line 11 | Draft input for the Form 990 is prepared by the Director of Finance for review and approval by the President/CEO. That information is then provided to our tax preparer for input to the form. A draft copy of that form is then provided to staff for review. Staff then presents it to the Board's Executive Committee for review and discussion. Upon adoption by the Executive Committee, it is then presented to the full Board of Directors for review and approval. | |
| Form 990, Part VI, Section B, line 12c | Annually, staff provides copies of the foundation's conflict of interest policy to all Board members. For new Board members, the policy is presented and discussed during their orientation briefing. After review, all Board members sign and submit to the President a certification of compliance with the policy, noting any potential conflicts they may have, if any. During committee meetings, Board members are asked to identify any potential conflicts of interest if they arise and those are dealt with by the committee chairman at that time. | |
| Form 990, Part VI, Section B, line 15 | The Board Chairman is annually provided with a compensation history for the CEO. He is also provided with a performance evaluation form to complete for the CEO as well as the most recent salary comparability data available from independent sources, like the Council on Foundations. These documents are used by the Chairman to review the CEO's performance with the Executive Committee (in executive session) and to determine a compensation amount for the CEO for that year. For key employees, the process is similar except that the independent review official is the CEO. He uses comparable salary information provided by the independent Council on Foundations as well as performance appraisal information to make salary adjustment determinations. The latter are proposed by the CEO and approval, in turn, by the Finance Committee, the Executive Committee and the full Board of Directors as part of the annual budget determination. | |
| Form 990, Part VI, Section C, line 19 | Governing documents, conflict of interest policy and financial statements are available to the public upon request. Financial statements are also published in the foundation's annual report, which is available online. | |
| Form 990, Part XI, line 5: | Net unrealized losses on investments: -976,942. Change in Agency Endowment Funds -98,755. Total to Form 990, Part XI, Line 5: -1,075,697. | Changes in Net Assets or Fund Balances: |
| Form 990, Part XII, line 3c | There has been no change since 2010. | Review by Audit Committee |
Schedule R IRS990ScheduleR
Form990 Schedule R Part VI Form990ScheduleRPartVI (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Predominate IncomePredominateIncomeDesc | All Partners C3 SAllPartnersC3S | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Duff & Phelps Real Estate Securities Trust | |||||||||||||
| 20 Trafalgar Square Suite 449 | Nashua | NH | 03063 | 306070384 | See Part VII Supplemental Information | NH | Related | 0 | 8 | 2568650 | 0 | 0 | 0.08116 |
| Barrow Hanley Mewhinney & Strauss Core Fixed Income Fund | |||||||||||||
| 200 Clarendon Street 52nd Floor | Boston | MA | 02116 | 016233058 | See Part VII Supplemental Information | MA | Related | 0 | 8 | 8139020 | 0 | 0 | 0.06835 |
| Kayne Anderson MLP Fund LP | |||||||||||||
| 1800 Avenue of the Stars 3rd Floor | Los Angeles | CA | 90067 | 611437017 | See Part VII Supplemental Information | CA | Unrelated | 0 | 0 | 2982459 | 0 | 0 | 0.00310 |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Primary Activity | Identifier |
| Return Reference | Line 1, Line 2 and Line 3 | ReturnReference |
| Explanation | Line 1 Duff & Phelps Real Estate Securities Trust's primary activity is investing primarily in real estate investment trusts for the investment objective of capial appreciation and income. Line 2 Kayne Anderson MLP Fund, LP's primary activity is investing in the marketable securities of issuers of energy-related master limited partnerships, MLP affiliates, and other midstream or infrastructure energy companies, particularly those participating in the business of operating oil and gas pipelines, terminals and storage facilities. The investment objective is to provide high reurns with capital preservation. Line 3 Barrow, Hanley, Mewhinney & Strauss Core Fixed Income Fund's primary activity is investing in stocks, bonds and any other securities. The investment objective is income. | Explanation |