M G & LILLIE A JOHNSON FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- M G & LILLIE A JOHNSON FOUNDATION INC (EIN 74-6076961)
- Tax period
- 2022-12-01 to 2023-11-30
- Filed
- 2024-03-12
- IRS object ID
- 202420729349100102
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Contractor Compensation Expln
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-03-12T07:52:41-04:00 | ReturnTs |
| Tax Period End | 2023-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 741249829 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROLOFF HNATEK AND CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 W GOODWIN AVE SUITE 600 | AddressLine1Txt |
| City | VICTORIA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 746076961 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MG & LILLIE A JOHNSON FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MG&L | BusinessNameControlTxt |
| Phone | 3615757970 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2269 | AddressLine1Txt |
| City | VICTORIA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77902 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT L HALEPESKA | PersonNm |
| Person Title | EXECUTIVE V.P. | PersonTitleTxt |
| Phone | 3615757970 | PhoneNum |
| Signature | 2023-03-11 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT | PersonFirstNm |
| Person Last | HALEPESKA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 888008888 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTOPHER L CULAK | PreparerPersonNm |
| PTIN | P00159101 | PTIN |
| Phone | 3615782915 | PhoneNum |
| Preparation | 2024-03-12 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $218,035,691 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $4,074,082 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,074,082 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $4,074,082 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $71,717 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $71,717 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $71,717 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $71,717 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $792,791 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $111,298,615 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $792,791 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $8,931,318 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $8,931,318 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $8,931,318 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $13,869,908 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $13,869,908 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $13,077,117 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $289,063 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $289,063 | CompOfcrDirTrstNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $43,750 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $43,750 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $17,471 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $14,124 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $3,347 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $15,875 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $15,875 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $395,475 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $395,475 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $767,795 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $593,716 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $21,153 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $21,153 | OccupancyNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $12,592 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $12,592 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $80,819 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $68,819 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $12,000 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,643,993 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,382,350 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $87,564 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,813,800 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,813,800 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $11,457,793 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,382,350 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,901,364 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,412,115 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $12,487,558 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $13,077,117 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $200,000 | CashBOYAmt |
| Cash EOY | $200,000 | CashEOYAmt |
| Cash EOYFMV | $200,000 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $16,600,599 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,205,911 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,158,039 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $84,827,325 | CorporateStockBOYAmt |
| Corporate Stock EOY | $89,133,053 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $181,005,191 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $12,881,045 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $21,372,772 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $20,565,765 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,693,142 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,888 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $2,680,329 | LandBOYAmt |
| Land EOY | $2,678,254 | LandEOYAmt |
| Land EOYFMV | $10,079,693 | LandEOYFMVAmt |
| Other Assets BOY | $15,580 | OtherAssetsBOYAmt |
| Other Assets EOY | $27,003 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $27,003 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $117,204,878 | TotalAssetsBOYAmt |
| Total Assets EOY | $119,616,993 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $218,035,691 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $117,204,878 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $119,616,993 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $117,204,878 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $119,616,993 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $117,204,878 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $119,616,993 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $117,204,878 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,412,115 | ExcessRevenueOverExpensesAmt |
| Subtotal | $119,616,993 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $119,616,993 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $110,911,726 | GrossSalesPriceAmt |
| Cost Or Other Basis | $110,505,824 | CostOrOtherBasisAmt |
| Gain Or Loss | $405,902 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $405,902 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $792,791 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $173,577 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $173,577 | SubtotalAmt |
| Tax Based On Investment Income | $173,577 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $200,580 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $200,580 | TotalPaymentsAndCreditsAmt |
| Overpayment | $27,003 | OverpaymentAmt |
| Applied To ES Tax | $27,003 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | MGLAJOHNSONFOUNDATION.COM | WebsiteAddressTxt |
| Individual With Books | ROBERT L HALEPESKA | IndividualWithBooksNm |
| Phone | 3615757970 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE OCONNOR PLAZA SUITE 905 | AddressLine1Txt |
| City | VICTORIA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ROBERT L HALEPESKA | ||||||||
| ONE OCONNOR PLAZA SUITE 905 | VICTORIA | TX | 77901 | EXECUTIVE V. | 000.00 | $289,063 | $0 | $0 |
| MH BROCK | ||||||||
| PO BOX 1208 | GANADO | TX | 779621208 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| DENNIS SIMONS | ||||||||
| PO BOX 309 | EDNA | TX | 77957 | SECRETARY/TR | 000.00 | $0 | $0 | $0 |
| ROSEMARY RUST | ||||||||
| 616 BOB-O-LINK LANE | WHARTON | TX | 77488 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| RUSSELL MARSHALL | ||||||||
| 6017 COUNTRY CLUB DRIVE | VICTORIA | TX | 77904 | CHAIRMAN | 000.00 | $0 | $0 | $0 |
| JAMES BOULIGNY | ||||||||
| 1306 AVENUE K | EL CAMPO | TX | 77437 | VICE-CHAIRMA | 000.00 | $0 | $0 | $0 |
| TERRELL MULLINS | ||||||||
| 1423 ANDOVER COURT | COLLEGE STATION | TX | 77845 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| LUIS GUERRA | ||||||||
| 506 MASTERS DRIVE | VICTORIA | TX | 77904 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | |||||
| 15958 CITY WALK 240 | SUGARLAND | TX | 774796584 | INV. ADVICE | $162,584 |
| WELLS FARGO BANK NA | |||||
| 9311 SAN PEDRO SUITE 1200 | SAN ANTONIO | TX | 78216 | INV. ADVICE | $86,267 |
| SATHER FINANCIAL GROUP | |||||
| 120 E CONSTITUTION | VICTORIA | TX | 77901 | INV. ADVICE | $58,248 |
| PROSPERITY BANK TRUST DEPARTMENT | |||||
| 101 S MAIN | VICTORIA | TX | 77901 | INV. ADVICE | $57,488 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $172,161,495 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $9,278,003 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $33,382,831 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $214,822,329 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $214,822,329 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,222,335 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $211,599,994 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $10,580,000 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $10,580,000 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $173,577 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $173,577 | TotalTaxAmt |
| Distributable Before Adj | $10,406,423 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $10,406,423 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $10,406,423 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,901,364 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $9,901,364 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $10,406,423 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $9,086,213 | UndistributedIncomePYAmt |
| Qualifying Distributions | $9,901,364 | QualifyingDistributionsAmt |
| Applied To Year1 | $9,086,213 | AppliedToYear1Amt |
| Applied To Current Year | $815,151 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $9,591,272 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MG AND LILLIE A JOHNSON FOUND | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ROBERT L HALEPESKA | AddressLine1Txt |
| Address Line2 | PO BOX 2269 | AddressLine2Txt |
| City | VICTORIA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3615757970 | RecipientPhoneNum |
| Form And Info And Materials | M.G. & LILLIE A. JOHNSON FOUNDATION C/O: ROBERT HALEPESKA P.O. BOX 2269 VICTORIA, TX 77902 361-575-7970 GRANT APPLICATIONS MUST BE SUBMITTED IN WRITING, SHOULD INCLUDE BIOGRAPHICAL INFORMATION ABOUT THE PROSPECTIVE GRANTEE AND MUST INCLUDE SATISFACTORY EVIDENCE TO ASSURE OUR TRUSTEES THAT THE APPLICANT IS A QUALIFIED ORGANIZATION TO WHICH THE JOHNSON FOUNDATION MAY PROVIDE FUNDS IN ACCORDANCE WITH PERTINENT INTERNAL REVENUE SERVICE CODE SECTIONS AND REGULATIONS. THE APPLICANT SHOULD ALSO SPECIFY THE AMOUNT OF FUNDS REQUESTED, THE INTENDED USE OF THE FUNDS AND THE ANTICIPATED LENGTH OF TIME WITHIN WHICH THE FUNDS WILL BE EXPENDED. 30 DAYS PRIOR TO THE MEETING DATE(S) OF THE TRUSTEES GENERALLY PREFER TO CONFINE FUNDING TO HEALTH CARE OR HIGHER EDUCATION RELATED GRANTEES. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE STATEMENT 11 | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE STATEMENT 11 | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED STATEMENT | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED STMT | AddressLine1Txt |
| Address Line2 | SEE ATTACHED STMT | AddressLine2Txt |
| City | SEE ATTACH STMT | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | SEE ATTACHED STATEMENT | GrantOrContributionPurposeTxt |
| Amt | $9,813,800 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,813,800 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,074,082 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $71,717 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $792,791 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| OIL & GAS ROYALTIES | 15 | $8,889,926 |
| OTHER INCOME | 16 | $41,392 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $13,077,117 | ExclusionAmt |
| Related Or Exempt Function Incm | $792,791 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $13,869,908 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $15,875 | Amt |
| Disbursements Charitable Prps | $15,875 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (4 entries)
| ExplanationExplanationTxt |
|---|
| UBS FINANCIAL SERVICES INC |
| INVESTMENT ADVICE |
| WELLS FARGO BANK NA |
| INVESTMENT ADVICE |
| SATHER FINANCIAL GROUP |
| INVESTMENT ADVICE |
| PROSPERITY BANK TRUST DEPARTMENT |
| INVESTMENT ADVICE |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $21,372,772 | EOYBookValueAmt |
| EOYFMV | $20,565,765 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATE STOCK | $54,766,190 | $137,092,914 |
| MUTUAL FUNDS | $18,621,051 | $4,873,886 |
| OTHER SECURITIES | $15,745,812 | $39,038,391 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| $14,888 | $14,888 | ||
| $2,678,254 | $2,678,254 | $10,079,693 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAID EXCISE TAX | Desc |
| BOY Book Value | $15,580 | BOYBookValueAmt |
| EOY Book Value | $27,003 | EOYBookValueAmt |
| EOYFMV | $27,003 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| DUES | $6,033 | $6,033 | |
| INSURANCE | $8,374 | $8,374 | |
| OFFICE EXPENSE | $5,577 | $5,577 | |
| OTHER OIL & GAS EXPENSES | $8,988 | $8,988 | |
| INVESTMENT EXPENSE | $39,847 | $39,847 | |
| BOARD OF DIRECTORS' MEETINGS | $12,000 | $12,000 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OIL & GAS ROYALTIES | $8,889,926 | $8,889,926 | $8,889,926 |
| OTHER INCOME | $41,392 | $41,392 | $41,392 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $395,475 | Amt |
| Net Investment Income | $395,475 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| SEVERANCE TAXES | $264,120 | $264,120 |
| AD VALOREM | $329,596 | $329,596 |
| EXCISE TAX | $173,577 | |
| EXCISE TAX PENALTY | $502 |
Comments