SIMON BOLIVAR FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SIMON BOLIVAR FOUNDATION INC (EIN 20-5787382)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-14
- IRS object ID
- 202421359349105622
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T17:39:54-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760269860 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205787382 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Simon Bolivar Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SIMO | BusinessNameControlTxt |
| Foreign Phone | 18004950010 | ForeignPhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1293 Eldridge Parkway | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77077 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mariela Poleo | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2024-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Mariela | PersonFirstNm |
| Person Last | Poleo | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kurt Coburn | PreparerPersonNm |
| PTIN | P01638285 | PTIN |
| Phone | 7134395739 | PhoneNum |
| Preparation | 2024-05-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | 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 | $3,591,933 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $7,776,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $41,067 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $41,067 | InterestOnSavNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $7,817,067 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $41,067 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $12,256 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $18,181 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $45,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $45,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $5,935 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,489 | OtherProfFeesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $29,387 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $6,317 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $29,110 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $92,578 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,317 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $93,780 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $8,095,716 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $7,021,536 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $8,188,294 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,317 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,115,316 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$371,227 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $34,750 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,089,666 | CashBOYAmt |
| Cash EOY | $1,859,855 | CashEOYAmt |
| Cash EOYFMV | $1,859,855 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $284,592 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $296,832 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $296,832 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $150,133 | AcctRcvblAmt |
| Acct Rcvbl BOY | $2,778 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $150,133 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $150,133 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl | $1,276,000 | PledgesRcvblAmt |
| Pledges Rcvbl BOY | $1,400,000 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $1,276,000 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $1,276,000 | PledgesRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $3,986 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $9,113 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $9,113 | PrepaidExpensesEOYFMVAmt |
| Total Assets BOY | $2,781,022 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,591,933 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,591,933 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $7,791 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $4,700 | AccountsPayableEOYAmt |
| Grants Payable BOY | $1,443,080 | GrantsPayableBOYAmt |
| Grants Payable EOY | $2,628,309 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $1,450,871 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,633,009 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,330,151 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $958,924 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,330,151 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $958,924 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,781,022 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,591,933 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,330,151 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$371,227 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $958,924 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $958,924 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $483 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $483 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $483 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $35 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $35 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $448 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | LA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | https://simonbolivarfoundation.org | WebsiteAddressTxt |
| Individual With Books | Ms Grisell Nouis | IndividualWithBooksNm |
| Phone | 8324864007 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1293 Eldridge Parkway N5111 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77077 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| Mariela Poleo | ||||||||
| 1293 Eldridge Parkway | Houston | TX | 77070 | President | 40.00 | $0 | $0 | $0 |
| Stephen McNabb | ||||||||
| 1293 Eldridge Parkway | Houston | TX | 77070 | Treasurer | 0.10 | $0 | $0 | $0 |
| Holly Chastain Nini | ||||||||
| 1293 Eldridge Parkway | Houston | TX | 77070 | Secretary | 10.60 | $0 | $0 | $0 |
| Yollyfrancis Castellanos | ||||||||
| 1293 Eldridge Parkway | Houston | TX | 77070 | Assistant Secretary | 0.00 | $0 | $0 | $0 |
| Bob Shoemaker | ||||||||
| 1293 Eldridge Parkway | Houston | TX | 77070 | Controller & Ast. Treasurer | 0.10 | $0 | $0 | $0 |
| Andres Padilla | ||||||||
| 1293 Eldridge Parkway | Houston | TX | 77070 | Director | 0.60 | $0 | $0 | $0 |
| Pablo Perez | ||||||||
| 1293 Eldridge Parkway | Houston | TX | 77070 | Director | 0.60 | $0 | $0 | $0 |
| David Weaver | ||||||||
| 1293 Eldridge Parkway | Houston | TX | 77070 | Director | 0.60 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,886,560 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,886,560 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,886,560 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $28,298 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,858,262 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $92,913 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $92,913 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $483 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $483 | TotalTaxAmt |
| Distributable Before Adj | $92,430 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $1,706 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $94,136 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $94,136 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,115,316 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $7,115,316 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $94,136 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $12,051,363 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $4,002,061 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,426,199 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,203,195 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $5,048,835 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $26,731,653 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $7,115,316 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $94,136 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $7,021,180 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $33,752,833 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $12,051,363 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $21,701,470 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,002,061 | ExcessFromYear4Amt |
| Excess From Year3 | $3,426,199 | ExcessFromYear3Amt |
| Excess From Year2 | $2,203,195 | ExcessFromYear2Amt |
| Excess From Year1 | $5,048,835 | ExcessFromYear1Amt |
| Excess From Current Year | $7,021,180 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (41 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | Address Line2RecipientForeignAddress/AddressLine2Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Adelianny Rodriguez | |||||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance for liver transplant | $100,342 | ||||||
| Isabella Guevara | |||||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance for liver transplant | $77,282 | ||||||
| Luis Fernando Beltran | |||||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance to patient residing in Venezuela for treament not available in Venezuela | $37,273 | ||||||
| Marco Bello | |||||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance for liver transplant | $76,581 | ||||||
| Maria de los Angeles Amaya | |||||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance for liver transplant | $98,313 | ||||||
| Mauricio Andres Suarez | |||||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance to patient residing in Venezuela for treament not available in Venezuela | $4,418 | ||||||
| Nelson Useche | |||||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance for liver transplant | $288,584 | ||||||
| Stephanie Milagros Rodriguez | |||||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance to patient residing in Venezuela for treament not available in Venezuela | $4,374 | ||||||
| Ximena Longa | |||||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance for liver transplant | $48,989 | ||||||
| Aid for Aids | |||||||||||||
| 131 Varick St Suite 1006 | New York | NY | 10013 | N/A | PC | Small grants program | $147,560 | ||||||
| Aid for Aids | |||||||||||||
| 131 Varick St Suite 1006 | New York | NY | 10013 | N/A | PC | Humanitarian health program | $10,000 | ||||||
| Asociacion Cardiovascular Centro Occidental | |||||||||||||
| N/A | NC | Donation of Equipment, supplies and services to hospitals | $56,250 | Barrio La feria Prolongacion de la | Carrera 17 con calle 12 | Barquisimeto | Lara | VE | 3001 | ||||
| Big Little JC Organization | |||||||||||||
| 18235 Westridge bend Ln | Cypress | TX | 77433 | N/A | PC | Small Grants Program | $10,000 | ||||||
| Big Little JC Organization | |||||||||||||
| 18235 Westridge bend Ln | Cypress | TX | 77433 | N/A | PC | Networking and Educational Program | $15,000 | ||||||
| Cadena Foundation Inc | |||||||||||||
| 8900 NE 25th Ave | Miami | FL | 33180 | N/A | PC | Humanitarian health program | $68,104 | ||||||
| Christ Clinic | |||||||||||||
| 25722 Kingsland Boulevard Suite 101 | Katy | TX | 77494 | N/A | PC | Networking and Educational Program | $5,000 | ||||||
| Friends of the Children of Venezuela Inc | |||||||||||||
| 1333 S Miami Avenue Suite 100 | Miami | FL | 33130 | N/A | PC | Humanitarian health program | $156,250 | ||||||
| Fundacion Caring for Colombia | |||||||||||||
| 139 W 120 th ST | New York | NY | 10027 | N/A | PC | Humanitarian health program | $165,000 | ||||||
| Fundahigado America Foundation | |||||||||||||
| 3900 Westerre Parkway Suite 300 | Richmond | VA | 23233 | N/A | PC | Humanitarian health program | $138,935 | ||||||
| Fundahigado America Foundation | |||||||||||||
| 3900 Westerre Parkway Suite 300 | Richmond | VA | 23233 | N/A | PC | Networking and Educational Program | $8,000 | ||||||
| Global Impact | |||||||||||||
| 1199 North Fairfax Street Suite 300 | Alexandria | VA | 22314 | N/A | PC | Humanitarian health program | $259,426 | ||||||
| GlobalGiving Foundation | |||||||||||||
| One Thomas Circle NW suite 800 | Washington | DC | 20005 | N/A | PC | Humanitarian health program | $1,332,500 | ||||||
| Hermanos de la calle | |||||||||||||
| 240 Crandon Blvd Suite 263 | Key Biscayne | FL | 33149 | N/A | PC | Small Grants Program | $10,000 | ||||||
| Institute for Healthcare Improvement | |||||||||||||
| 53 State Street 18th Floor | Boston | MA | 02109 | N/A | PC | Networking and Educational Program | $129,895 | ||||||
| International Federation of Red Cross | |||||||||||||
| N/A | PC | Humanitarian health program | $778,536 | 1209 Petit-Saconnex | Geneva 19 | SZ | |||||||
| International Medical Corps | |||||||||||||
| 12400 Wilshire Boulevard Suite 1500 | Los Angeles | CA | 35321 | N/A | PC | Humanitarian health program | $615,250 | ||||||
| Latin Ladies Foundation of Houston | |||||||||||||
| 4722 Natural Bridge Dr | Kingwood | TX | 77345 | N/A | PC | Networking and Educational Program | $5,000 | ||||||
| Latin Ladies Foundation of Houston | |||||||||||||
| 4722 Natural Bridge Dr | Kingwood | TX | 77345 | N/A | PC | Small Grants Program | $5,000 | ||||||
| Local Infant Formula for Emergencies | |||||||||||||
| 2002 South Wayside Drive | Houston | TX | 77023 | N/A | PC | Networking and Educational Program | $2,500 | ||||||
| MedGlobal Inc | |||||||||||||
| 10604 Southwest Highway Suite 107 | Chicago Ridge | IL | 60415 | N/A | PC | Humanitarian health program | $302,886 | ||||||
| Medical Teams International | |||||||||||||
| 14150 SW Milton Court | Tigard | OR | 97224 | N/A | PC | Humanitarian health program | $343,750 | ||||||
| Pan American Development Foundation | |||||||||||||
| 1889 F street NW Second Floor | Coconut Creek | FL | 33073 | N/A | PC | Humanitarian health program | $437,500 | ||||||
| Project Hope - The people | |||||||||||||
| 7500 Old Georgetown Road Suite 600 | Bethesda | MD | 20814 | N/A | PC | Humanitarian health program | $250,000 | ||||||
| Saludos connection | |||||||||||||
| 3770 Farber St | Houston | TX | 77005 | N/A | PC | Networking and educational program | $20,000 | ||||||
| Scalabrini Intl Migration Network Inc | |||||||||||||
| 307 East 60th Street | New York | NY | 100221505 | N/A | PC | Humanitarian health program | $225,000 | ||||||
| Sociedad Amigos Del HEP | |||||||||||||
| 9600 NW 25th Street Suite 6D | Doral | FL | 33172 | N/A | PC | Humanitarian health program | $125,000 | ||||||
| Spring Branch Community | |||||||||||||
| 800 West Sam Houston Pkwy Suite 200 | Houston | TX | 77042 | N/A | PC | Humanitarian health program | $100,000 | ||||||
| Texas Children's Hospital | |||||||||||||
| 1919 S Braeswood Blvd 5th Floor | Houston | TX | 77030 | N/A | PC | Humanitarian health program | $245,490 | ||||||
| Universidad Central De Venezuela | |||||||||||||
| N/A | GOV | Networking and educational program | $17,548 | Urbanizacion Los Chaguaramos | Cuidad Universitaria | Caracas | VE | ||||||
| Ven da Tu Mano Fundacion Inc | |||||||||||||
| 2825 South Miami Avenue | Miami | FL | 33129 | N/A | PC | Humanitarian health program | $250,000 | ||||||
| Venezuela Now Inc | |||||||||||||
| PO Box 2855 | Acworth | GA | 30102 | N/A | PC | Humanitarian health program | $50,000 | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $7,021,536 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|
| Adelianny Rodriguez | ||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance for liver transplant | $137,989 | |||
| Isabella Guevara | ||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance for liver transplant | $86,955 | |||
| Luis Fernando Beltran | ||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance to patient residing in Venezuela for treament not available in Venezuela | $27,453 | |||
| Marco Bello | ||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance for liver transplant | $41,466 | |||
| Maria de los Angeles Amaya | ||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance for liver transplant | $76,159 | |||
| Nelson Useche | ||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance for liver transplant | $130,235 | |||
| Ximena Longa | ||||||||||
| 1293 Eldridge Parkway | Houston | TX | 77077 | None | I | Medical assistance for liver transplant | $45,214 | |||
| Friends of the Children of Venezuela Inc | ||||||||||
| 1333 S Miami Avenue Suite 100 | Miami | FL | 33130 | N/A | PC | Humanitarian health program | $156,250 | |||
| Global Impact | ||||||||||
| 1199 North Fairfax Street Suite 300 | Alexandria | VA | 22314 | N/A | PC | Humanitarian health program | $133,575 | |||
| International Federation of Red Cross | ||||||||||
| N/A | PC | Humanitarian health program | $250,000 | 1209 Petit-Saconnex | Geneva 19 | SZ | ||||
| Medical Teams International | ||||||||||
| 14150 SW Milton Court | Tigard | OR | 97224 | N/A | PC | Humanitarian health program | $218,750 | |||
| Pan American Development Foundation | ||||||||||
| 1889 F street NW Second Floor | Coconut Creek | FL | 33073 | N/A | PC | Humanitarian health program | $562,500 | |||
| Scalabrini Intl Migration Network Inc | ||||||||||
| 307 East 60th Street | New York | NY | 100221505 | N/A | PC | Humanitarian health program | $135,000 | |||
| Sociedad Amigos Del Hep | ||||||||||
| 9600 NW 25th Street Suite 6D | Doral | FL | 33172 | N/A | PC | Humanitarian health program | $125,000 | |||
| Texas Children's Hospital | ||||||||||
| 1919 S Braeswood Blvd 5th Floor | Houston | TX | 77030 | N/A | PC | Humanitarian health program | $120,500 | |||
| Ven da Tu Mano Fundacion Inc | ||||||||||
| 2825 South Miami Avenue | Miami | FL | 33129 | N/A | PC | Humanitarian health program | $125,000 | |||
| Venezuela Now Inc | ||||||||||
| PO Box 2855 | Acworth | GA | 30102 | N/A | PC | Humanitarian health program | $250,000 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $2,622,046 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $41,067 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $41,067 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $41,067 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITGO Petroleum Corporation | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 4689 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $7,776,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Audit, tax planning & compliance | CategoryTxt |
| Amt | $45,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $45,000 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Asociacion Cardiovascular Centro Occidental | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Barrio La feria Prolongacion de la | AddressLine1Txt |
| Address Line2 | Carrera 17 con calle 12 | AddressLine2Txt |
| City | Barquisimeto | CityNm |
| Province Or State | Lara | ProvinceOrStateNm |
| Country | VE | CountryCd |
| Foreign Postal | 3001 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2023-01-24 | GrantDt |
| Grant | $56,250 | GrantAmt |
| Purpose Of Grant | Donation of Equipment, supplies and services to hospitals | PurposeOfGrantTxt |
| Expended By Grantee | $56,250 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | None | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 2/26/24, 4/23/24 | DatesOfReportsByGranteeTxt |
| Results Of Verification | The grantor has no reason to doubt the accuracy or reliability of the report from the grantee; therefore, no independent verification of the report was made. | ResultsOfVerificationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Additional information regarding programs | IdentifierTxt |
| Form And Line Reference | Part XIV, Line 3a | FormAndLineReferenceDesc |
| Medium Explanation | Simon Bolivar Foundation Inc. (the "Foundation") primarily funds charitable grants to improve the health of vulnerable populations affected by disaster, conflict and poverty, with special attention to mothers and children, in and out of Venezuela, with three main objectives: i) increasing access to medicine and nutrition thereby improving the wellbeing of vulnerable populations, ii) enhancing capacity of medical professionals and caregivers to serve and treat patients in need through education and support and iii) empowerment of charitable and non-governmental organizations ("NGOs") to serve the health needs of the most vulnerable individuals in their communities. The charitable programs approved by the Foundation's Board of Directors are divided into two categories: 1. Humanitarian health grants that provide support to charitable programs and organizations that align with the Foundation's goals of expanding access to medicine and nutrition that ultimately improves the well-being of the most vulnerable individuals in and from Venezuela. These programs include strategic partnerships with renowned and long-standing 501(c)(3) not-for-profit organizations and other qualified charitable organizations with demonstrated capacity to execute humanitarian health programs in Venezuela, the United States and the Latin American region and knowledge transfer grants that aim to enhance the capacity of medical professionals and caregivers to serve and treat patients in need in Venezuela and the region; and 2. Medical grants that support critically ill patients in need. The Foundation is located in Houston, Texas. CITGO Petroleum Corporation ("CITGO") is the sole member and contributor of the Foundation at this time. During 2023 CITGO made contributions to support the charitable programs of the Foundation in the total amount of $7,776,000. Approximately 32 CITGO employees volunteer part or all of their time to the Foundation in providing services such as operational, accounting, tax, legal, procurement, audit and other services, for a total of approximately 9,595 volunteer hours. On January 28, 2019, the U.S. Department of Treasury's Office of Foreign Assets Control ("OFAC") added CITGO's ultimate parent company Petroleos de Venezuela, S.A. ("PDVSA") to the List of Specially Designated nationals and Blocked Persons generally prohibiting U.S. persons from engaging in any transaction in which PDVSA or any entity owned 50 percent or more by PDVSA has any property interest. On February 26, 2019, OFAC issued special license No. Venezuela-EO13850-2019-359230-1 authorizing the Foundation to continue to provide charitable assistance and financial support for ongoing medical treatment, medicines, medical devices, and related services to patients referred by PDVSA, as well as to cover any remaining expenses in connection with such treatment pursuant to existing grant agreements with the patients and service agreements with the patients' healthcare providers and other providers entered into prior to January 28, 2019. This special license was subsequently extended until July 31, 2025 to allow more time to transition the remaining patients to other charitable organizations and/or medical institutions that can continue to assist with their long-term medical needs. It is unclear at this time whether or when the sanctions may be lifted, or if additional sanctions may be put in place. Other charitable programs executed by the Foundation are not impacted by the sanctions explained above. | MediumExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General governance & counsel | CategoryTxt |
| Legal Fees | $12,256 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $18,181 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Bank charges | $6,317 | $6,317 | $0 |
| Other patient expenses | $3,084 | $0 | $2,157 |
| Insurance | $16,744 | $0 | $21,870 |
| Advertising | $3,242 | $0 | $5,083 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Administrative services | $5,895 | $0 | $1,449 |
| Translation services | $40 | $0 | $40 |
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