FOUR LEE FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FOUR LEE FOUNDATION (EIN 47-2055080)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-06
IRS object ID
202421279349101762
Schema version
2023v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-06T10:09:37-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN880610268PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ORSER & HENSON LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11800 ST JAMES PLACE SUITE 325AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77056ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN472055080EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUR LEE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFOURBusinessNameControlTxt
Phone7135482621PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14400 POST OAK PARKWAY 2600AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77027ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGREGORY L ARMSTRONGPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7135482621PhoneNum
Signature2024-04-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGREGORYPersonFirstNm
Person LastARMSTRONGPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS J ORSER CPAPreparerPersonNm
PTINP01405912PTIN
Phone7132785980PhoneNum
Preparation2024-04-26PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$38,096,841FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,689,152ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$735,683DividendsRevAndExpnssAmt
Dividends Net Invst Incm$735,683DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$103,958NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$6,344,041GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$2,098,271CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$6,677OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$6,677OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$3,535,470TotalRevAndExpnssAmt
Total Net Invst Incm$2,840,631TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$123,000AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$61,500AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$61,500AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$93,640OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$93,640OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$52,626TaxesRevAndExpnssAmt
Taxes Net Invst Incm$12,626TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$269,266TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$167,766TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$61,500TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,538,248ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,538,248ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,807,514TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$167,766TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,599,748TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,727,956ExcessRevenueOverExpensesAmt
Net Investment Income$2,672,865NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$818,344CashBOYAmt
Cash EOY$667,073CashEOYAmt
Cash EOYFMV$667,073CashEOYFMVAmt
US Government Obligations BOY$0USGovernmentObligationsBOYAmt
US Government Obligations EOY$3,849,462USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$3,882,990USGovtObligationsEOYFMVAmt
Corporate Stock BOY$27,298,861CorporateStockBOYAmt
Corporate Stock EOY$25,240,161CorporateStockEOYAmt
Corporate Stock EOYFMV$31,915,576CorporateStockEOYFMVAmt
Other Investments BOY$1,500,000OtherInvestmentsBOYAmt
Other Investments EOY$1,629,088OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,629,088OtherInvestmentsEOYFMVAmt
Other Assets BOY$2,543OtherAssetsBOYAmt
Other Assets EOY$2,114OtherAssetsEOYAmt
Other Assets EOYFMV$2,114OtherAssetsEOYFMVAmt
Total Assets BOY$29,619,748TotalAssetsBOYAmt
Total Assets EOY$31,387,898TotalAssetsEOYAmt
Total Assets EOYFMV$38,096,841TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$29,619,748RetainedEarningBOYAmt
Retained Earning EOY$31,387,898RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$29,619,748TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$31,387,898TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$29,619,748TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$31,387,898TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$29,619,748TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,727,956ExcessRevenueOverExpensesAmt
Other Increases$40,194OtherIncreasesAmt
Subtotal$31,387,898SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$31,387,898TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)

PropertyPropertyDescAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtCost Or Other BasisCostOrOtherBasisAmt
19,060 MAGELLAN MIDSTREAM2023-05-312023-06-01$1,164,912$1,164,912$1,164,912
SHORT TERM SALES SUMMARIZED2023-12-31$1,770,426$25,661$25,661$1,744,765
RECLASS SL SALE TO INTEREST INCOME2023-12-31-$25,661-$25,661$25,661
APPLE 2100 SHS2016-10-212023-05-22$365,839$304,658$304,658$61,181
INTERNATIONAL FLAVORS & FRAGRANCES 12600 SHS2021-06-142023-05-12$323,643-$236,860-$236,860$560,503
NESTLE 7200 SHS2016-11-232023-09-18$235,498$102,369$102,369$133,129
NEXTERA ENERGY INC 7200 SHS2021-02-282023-05-24$539,106-$67,850-$67,850$606,956
JOHNSON & JOHNSON 10,600 SHS2023-02-28$1,635,885$717,510$717,510$918,375
JOHNSON & JOHNSON 2000 SHS2015-06-152023-02-28$308,732$113,532$113,532$195,200
FieldValueIRS element (for citing)
Capital Gain Net Income$2,098,271CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$37,153InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$37,153SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$37,153TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$42,628EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$42,628TotalPaymentsAndCreditsAmt
Es Penalty$5EsPenaltyAmt
Overpayment$5,470OverpaymentAmt
Applied To ES Tax$5,470AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr Satisfied0Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1HIGH TOWER TEXASBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7135482621PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14400 POST OAK PARKWAY SUITE 2600AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77027ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
GREGORY L ARMSTRONG
4400 POST OAK PARKWAY SUITE 2600HOUSTONTX77027DIRECTOR0.00$0$0$0
MELINDA L ARMSTRONG
4400 POST OAK PARKWAY SUITE 2600HOUSTONTX77027DIRECTOR0.00$0$0$0
TYLON L ARMSTRONG
4400 POST OAK PARKWAY SUITE 2600HOUSTONTX77027DIRECTOR0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HIGHTOWER TRUST SERVICESBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14400 POST OAK PARKWAY STE 2600AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77027ZIPCd
FieldValueIRS element (for citing)
Service TypeINVESTMENT MANAGEMENTServiceTypeTxt
Compensation$123,000CompensationAmt
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$33,420,083AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$604,007AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$34,024,090TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$34,024,090AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$510,361CashDeemedCharitableAmt
Net Vl Noncharitable Assets$33,513,729NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,675,686MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,675,686MinimumInvestmentReturnAmt
Tax Based On Investment Income$37,153TaxBasedOnInvestmentIncomeAmt
Total Tax$37,153TotalTaxAmt
Distributable Before Adj$1,638,533DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$1,638,533DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$1,638,533DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,599,748ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$1,599,748QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,638,533DistributableAsAdjustedAmt
Undistributed Income PY$1,257,462UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$1,599,748QualifyingDistributionsAmt
Applied To Year1$1,257,462AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$342,286AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$1,296,247UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerGREGORY L ARMSTRONGContributingManagerNm
Contributing ManagerMELINDA L ARMSTRONGContributingManagerNm
Contributing ManagerTYLON L ARMSTRONGContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (33 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ABLEGAMERS CHARITY
PO BOX 508CHARLES TOWNWV25414NONEPCCHARITABLE$10,000
AMERICAN STROKE FOUNDATION
6405 METCALF AVE 214OVERLAND PARKKS66202NONEPCCHARITABLE$10,000
BROTHER WOLF ANIMAL RESCUE
5001 ANGEL CANYON ROADASHEVILLENC28803NONEPCCHARITABLE$50,000
COUNCIL OF RECOVERY
303 JACKSON HILL STHOUSTONTX77007NONEPCCHARITABLE$50,000
COVENANT HOUSE TEXAS
1111 LOVETT BLVDHOUSTONTX77006NONEPCCHARITABLE$10,000
CYSTIC FIBROSIS FOUNDATION
4265 SAN FELIPE ST 1100HOUSTONTX77027NONEPCCHARITABLE$20,000
HERMANN PARK CONSERVANCY
1700 HERMANN DRHOUSTONTX77004NONEPCCHARITABLE$20,000
HOUSTON ARBORETUM & NATURE CENTER
4501 WOODWAY DRHOUSTONTX77024NONEPCCHARITABLE$55,000
HOUSTON METHODIST HOSPITAL FOUNDATION
6565 FANNIN NO GB240HOUSTONTX77030NONEPCCHARITABLE$15,000
HOUSTON ZOO
1513 CAMBRIDGEHOUSTONTX77030NONEPCCHARITABLE$53,334
JUNIOR ACHIEVEMENTS
2115 EAST GOVERNORS CIRCLEHOUSTONTX77092NONEPCCHARITABLE$15,000
LEGIONARIES OF CHRIST
30 MANSELL COURT SUITE 103ROSEWELLGA30076NONEPCCHARITABLE$120,000
MARCH OF DIMES
1550 CRYSTAL DRIVEARLINGTONVA22202NONEPCCHARITABLE$50,000
MEMORIAL HERMAN FOUNDATION
929 GESSNER RD SUITE 1900HOUSTONTX77024NONEPCCHARITABLE$50,000
MEMORIAL HERMAN FOUNDATION
929 GESSNER RD SUITE 1900HOUSTONTX77024NONEPCCHARITABLE$200,606
MEMORIAL PARK CONSERVANCY
7575 NORTH PICNIC LANEHOUSTONTX77024NONEPCCHARITABLE$25,000
MUSCULAR DYSTROPHY ASSOCIATION
161 N CLARK STREET SUITE 3550CHICAGOIL60601NONEPCCHARITABLE$10,000
NATIONAL MS SOCETY
733 THIRD AVENUENEW YORKNY73211NONEPCCHARITABLE$364,308
NAVY SEAL FOUNDATION
7500 SAN FELIPE SUITE 350HOUSTONTX77063NONEPCCHARITABLE$25,000
NO BARRIERS USA
317 STOVER STREETFORT COLLINCO80524NONEPCCHARITABLE$15,000
NORTH CAROLINA ABORETUM SOCIETY
100 FREDERICK LAS OLMSTED WAYASHEVILLENC28806NONEPCCHARITABLE$40,000
RICE UNIVERSITY'S BAKER INSTITUTE
PO BOX 1892HOUSTONTX77251NONEPCCHARITABLE$25,000
SAM HOUSTON AREA COUNCIL OF BOY SCOUTS
2225 N LOOP WESTHOUSTONTX77008NONEPCCHARITABLE$15,000
SEARCH HOMELESS SERVICES
2015 CONGRESS STHOUSTONTX77002NONEPCCHARITABLE$20,000
SHRINERS HOSPITALS FOR CHILDREN
PO BOX 947765ATLANTAGA30394NONEPCCHARITABLE$10,000
SMALL STEPS NUTURING CENTER
2902 JENSEN DRHOUSTONTX77026NONEPCCHARITABLE$10,000
SOUTHERN METHODIST UNIVERSITY
PO BOX 750402DALLASTX75275NONEPCCHARITABLE$20,000
TEXAS BUSINESS HALL OF FAME
PO BOX 22048HOUSTONTX77227NONEPCCHARITABLE$50,000
TEXAS HEARING INSTITUTE
141 HOUSTON AVEHOUSTONTX88008NONEPCCHARITABLE$10,000
THE COUNCIL ON RECOVERY
303 JACKSON HILL STHOUSTONTX77007NONEPCCHARITABLE$50,000
TUNNEL TO TOWERS
2361 HYLAN BLVDSTATEN ISLANDNY10306NONEPCCHARITABLE$10,000
UNBROKEN SPIRIT
10 DEEP CREEK TRAILARDENNC28704NONEPCCHARITABLE$10,000
UNITED WAY
PO BOX 727KENNEBUNKME04043NONEPCCHARITABLE$100,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,538,248TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$735,683ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,677ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$103,958ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$846,318ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$846,318TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtNoncash ContributionNoncashContributionInd
GREGORY L ARMSTRONG
111511 MEMORIAL DRIVEHOUSTONTX77024$1,541,550Yes (X)
GREGORY L ARMSTRONG
211511 MEMORIAL DRIVEHOUSTONTX77024$1,147,602Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
110,000 SHS JOHNSON & JOHNSON$1,541,5502023-02-28
219,060 SHS MAGELLAN MIDSTREAM PTRS$1,147,6022023-05-31

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$123,000Amt
Net Investment Income$61,500NetInvestmentIncomeAmt
Disbursements Charitable Prps$61,500DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCORPORATE STOCKSStockNm
EOY Book Value$25,240,161EOYBookValueAmt
EOYFMV$31,915,576EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$3,849,462USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$3,882,990USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY$0StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV$0StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
NEXTEN LPAT COST$129,088$129,088
TD WILLIAMSON LLCAT COST$1,500,000$1,500,000

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescACCRUED MUTUAL FUND AND REIT DIVIDENDS-INCLUDE IN INCOMEDesc
BOY Book Value$2,543BOYBookValueAmt
EOY Book Value$2,114EOYBookValueAmt
EOYFMV$2,114EOYFMVAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescMAGELLAN PARTNERSHIP INCOMEDesc
Revenue And Expenses Per Books$6,677RevenueAndExpensesPerBooksAmt
Net Investment Income$6,677NetInvestmentIncomeAmt
Adjusted Net Income$6,677AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
DIFFERENCE BETWEEN FMV AND COST OF CONTRIBUTIONS$38,360
DISTRIBUTION IN EXCESS OF BASIS$1,834

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT FEES$92,840$92,840$0
AGENT FEES$800$800$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES$12,626$12,626$0
2023 ESTIMATED TAX PAYMENTS$40,000$0$0

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