STILES FARM FOUNDATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: STILES FARM FOUNDATION (EIN 74-1410185)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-08-30
IRS object ID: 201142429349300164
Schema version: 2010v3.4
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 D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-08-30T11:50:13-05:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LELAND STEVENS CPA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1038	AddressLine1
City	TAYLOR	City
State	TX	State
ZIP Code	765741038	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	741410185	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	STILES FARM FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	STIL	NameControl
Phone	5128982214	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 405	AddressLine1
City	THRALL	City
State	TX	State
ZIP Code	76578	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	EDWARD G SMITH	Name
Title	DIRECTOR	Title
Phone	5128982214	Phone
Date Signed	2011-08-31	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	LELAND STEVENS CPA	Name
Phone	5123526329	Phone
Date Prepared	2011-08-30	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	EDWARD G SMITH DIRECTOR	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	P O BOX 405	AddressLine1
City	THRALL	City
State	TX	State
ZIP Code	76578	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	742375	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1961	YearFormation
State Legal Domicile	TX	StateLegalDomicile
Activity Or Mission Description	AGRICULTURAL CROP DEMONSTRATIONS	ActivityOrMissionDescription
Nbr Voting Members Governing Body	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	10	NbrIndependentVotingMembers
Total Nbr Employees	2	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	211407	InvestmentIncomePriorYear
Investment Income Current Year	63825	InvestmentIncomeCurrentYear
Other Revenue Prior Year	448781	OtherRevenuePriorYear
Other Revenue Current Year	678550	OtherRevenueCurrentYear
Total Revenue Prior Year	660188	TotalRevenuePriorYear
Total Revenue Current Year	742375	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	42838	SalariesEtcPriorYear
Salaries Etc Current Year	39114	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	475552	OtherExpensePriorYear
Other Expenses Current Year	539931	OtherExpensesCurrentYear
Total Expenses Prior Year	518390	TotalExpensesPriorYear
Total Expenses Current Year	579045	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	141798	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	163330	RevenuesLessExpensesCY
Total Assets BOY	2371580	TotalAssetsBOY
Total Assets EOY	2513161	TotalAssetsEOY
Total Liabilities BOY	21032	TotalLiabilitiesBOY
Total Liabilities EOY	15682	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2350548	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	2497479	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	AGRICULTURAL CROP DEMONSTRATIONS	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	389049	Expense
Description	FARM OPERATING EXPENSES INCURRED IN RAISING CROPS AND CONDUCTING DEMONSTRATIONS	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	5000	Expense
Description	TEXAS A&M UNIVERSITY - SUPPORT PROGRAM OF THE DEPARTMENT OF AGRICULTURE & LIFE SCIENCES.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	6500	Expense
Description	THRALL INDEPENDENT SCHOOL DISTRICT - TO ENHANCE PROGRAMS OF LOCAL SCHOOL DISTRICT.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	10550	Expense
Description	SUPPORT OF LOCAL VOLUNTEER FIRE DEPARTMENTS - 500 SUPPORT OF TEXAS 4-H FOUNDATION - 1,050 SCHOLARSHIPS - 9,000	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	10550	TotalOfOtherProgramServiceExp
Total Program Service Expense	411099	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	false	ScheduleORequired
Number Forms Transmitted With1096	6	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	2	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	10	NbrVotingGoverningBodyMembers
Number Independent Voting Members	10	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	true	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	STILES FARM FOUNDATION	NamePerson
Telephone Number	5128982214	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	P O BOX 405	AddressLine1
City	THRALL	City
State	TX	State
ZIP Code	76578	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
MORRIS E FOSTER
TRUSTEE	0.10	X	0	0	0
JAMES P WILSON
TRUSTEE	0.10	X	0	0	0
PHIL ADAMS
VICE CHAIRMA	0.10	X	0	0	0	X
RICHARD A BOX
CHAIRMAN	0.10	X	0	0	0	X
JIM SCHWERTNER
TRUSTEE	0.10	X	0	0	0
ELAINE MENDOZA
TRUSTEE	0.10	X	0	0	0
JUDY MORGAN
TRUSTEE	0.10	X	0	0	0
CLIFF THOMAS
TRUSTEE	0.10	X	0	0	0
JOHN D WHITE
TRUSTEE	0.10	X	0	0	0
FERNANDO TREVINO JR
STUDENT TRUS	0.10	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	63825	TotalRevenueColumn
Exclusion	$63,825	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
SALE OF INVENTORY - CROPS	111000	524614	524614
SALE OF INVENTORY - LIVESTOCK		91475	91475
FARM PROGRAM RECEIPTS		46244	46244

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	16217	TotalRevenueColumn
Related Or Exempt Function Income	16217	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	678550	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	742375	TotalRevenueColumn
Related Or Exempt Function Income	678550	RelatedOrExemptFunctionIncome
Exclusion	$63,825	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	36538	Total
Program Services	36538	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	2576	Total
Program Services	2576	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	11900	Total
Management And General	11900	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	288	Total
Management And General	288	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	44816	Total
Program Services	225	ProgramServices
Management And General	44591	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
FERTILIZER COSTS	102293	102293
FARM MANAGEMENT SERVICES	94773		94773
CUSTOM HARVEST & APPLICAT	59174	59174
SEED COSTS	43153	43153
CHEMICAL & APPLICATION CO	37366	37366

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	146168	Total
Program Services	129774	ProgramServices
Management And General	16394	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	579045	Total
Program Services	411099	ProgramServices
Management And General	167946	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	40372	BOY
EOY	114629	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	477626	BOY
EOY	574047	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	24467	BOY
EOY	9945	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	182194	BOY
EOY	138945	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	41184	BOY
EOY	44640	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	2291286	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1369392	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	939035	BOY
EOY	921894	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	666702	BOY
EOY	709061	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2371580	BOY
EOY	2513161	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	21032	BOY
EOY	15682	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	21032	BOY
EOY	15682	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1189511	BOY
EOY	2305131	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	148798	BOY
EOY	102485	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1012239	BOY
EOY	89863	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2350548	BOY
EOY	2497479	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2371580	BOY
EOY	2513161	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	163330	ReconcilationRevenueExpenses
Reconcilation Other Changes	-16399	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	false	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Supporting Organization509a3	X	SupportingOrganization509a3
Supporting Org509a3 Type1	X	SupportingOrg509a3Type1
Certification Checkbox	X	CertificationCheckbox
Contrib By Controlling Individual	false	ContribByControllingIndividual
Contribution By Related Party	false	ContributionByRelatedParty
Contrib By35 Controlled Entity	false	ContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	TEXAS A&M UNIVERSITY SYSTEM	BusinessNameLine1
Business Name Line2	TEXAS A&M UNIVERSITY SYSTEM	BusinessNameLine2

Field	Value	IRS element (for citing)
EIN	746000537	EIN
Type Of Organization	11	TypeOfOrganization
Listed In Governing Doc	true	ListedInGoverningDoc
Supported Organization Notified	true	SupportedOrganizationNotified
Organized In US	true	OrganizedInUS
Amount	$5,000	Amount

Field	Value	IRS element (for citing)
Total Number Of Supported Orgs	1	TotalNumberOfSupportedOrgs
Sum Of Amounts	5000	SumOfAmounts

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	633080	OtherCostOrOtherBasis
Book Value	633080	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	419598	OtherCostOrOtherBasis
Depreciation	402186	Depreciation
Book Value	17412	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	812493	OtherCostOrOtherBasis
Depreciation	585660	Depreciation
Book Value	226833	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	426115	OtherCostOrOtherBasis
Depreciation	381546	Depreciation
Book Value	44569	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	921894	TotalOfBookValueLandBuildings

Other Assets OtherAssets (3 entries)

DescriptionDescription	Book ValueBookValue
INVESTMENT POOL - TEXAS A&M UNIV SYS	655387
BANK MONEY MARKET ACCOUNT	38990
AGRICULTURAL COOPERATIVES	14684

Field	Value	IRS element (for citing)
Total Book Value Other Assets	709061	TotalBookValueOtherAssets
Total Revenue	742375	TotalRevenue
Total Expenses	579045	TotalExpenses
Excess Or Deficit For Year	163330	ExcessOrDeficitForYear
Excess Or Deficit Per FS	163330	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	742375	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	742375	RevenueSubtotal
Total Revenue Per Form990	742375	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	579045	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	579045	ExpensesSubtotal
Total Expenses Per Form990	579045	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	BOOK / TAX DEPRECIATION DIFFERENCE 44,816
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XIII, LINE 4B	BOOK / TAX DEPRECIATION DIFFERENCE 44,816

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ALL OTHER ACHIEVEMENTS DESCRIPTION	FORM 990, PAGE 2, PART III, LINE 4D	SUPPORT OF LOCAL VOLUNTEER FIRE DEPARTMENTS - 500 SUPPORT OF TEXAS 4-H FOUNDATION - 1,050 SCHOLARSHIPS - 9,000
MANAGEMENT DELEGATED	FORM 990, PAGE 6, PART VI, LINE 3	FARM MANAGEMENT SERVICES, INCLUDING A FULL TIME FARM MANAGER, AND SUPERVISION ARE PROVIDED BY THE AGRILIFE EXTENSION SERVICE, A PART OF THE TEXAS A&M UNIVERSITY SYSTEM. COMPENSATION OF 92,558 WAS PAID FOR THESE SERVICES IN 2008.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	NO REVIEW WAS OR WILL BE CONDUCTED.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	THE DIRECTORS ARE ALL REGENTS OF THE TEXAS A&M UNIVERSITY SYSTEM AND ARE GOVERNED BY THE POLICIES OF THE REGENTS, INCLUDING CONFLICT OF INTEREST, WHISTLEBLOWER, RECORD RETENTION AND DESTRUCTION, COMPENSATION, AND JOINT VENTURES.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	THE ORGANIZATION PAYS NO COMPENSATION TO DIRECTORS, OFFICERS, OR KEY EMPLOYEES.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	THE ORGANIZATION PAYS NO COMPENSATION TO DIRECTORS, OFFICERS OR KEY EMPLOYEES.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	THE FOUNDATION WAS ESTABLISHED PURSUANT TO THE WILL OF J.V. AND H. A. STILES. THE BOARD OF REGENTS OF THE TEXAS A&M UNIVERSITY SYSTEM SERVES AS THE TRUSTEES OF THE FOUNDATION IN ACCORDANCE WITH THE TERMS OF THE ORIGINAL BEQUEST. THE GOVERNING DOCUMENTS ARE AVAILABLE FOR INSPECTION, UPON REASONABLE REQUEST, AT BOTH THE FOUNDATION HEADQUARTERS NEAR THRALL,TEXAS AND AT THE TEXAS A&M UNIVERSITY SYSTEM HEADQUARTERS AT COLLEGE STATION,TEXAS.
OTHER EXPENSES	FORM 990, PART IX, LINE 24F	INSURANCE 30,144 TIRES, FUEL & LUBRICANTS 27,748 FEED COSTS 16,402 EQUIPMENT RENTAL & MAINTE 13,569 CONTRACTED SERVICES 11,494 SCHOLARSHIPS 9,000 UTILITIES 7,785 BUILDINGS MAINT & REPAIR 6,680 THRALL ISD 6,500 STILES FARM CHAIR 5,000 TOOLS & SUPPLIES 3,187 HEADQUARTERS & OFFICE EXP 2,809 GRAIN STORAGE 1,734 LICENSES, FEES, PERMITS, 1,196 TEXAS 4-H FOUNDATION SCHO 1,050 COMMODITIES FOR RESALE 780 FIELD DAY 561 VOLUNTEER FIRE DEPARTMENT 500 VETERINARY 30 ROUNDING -1