2024-08-20T09:10:36-05:00 2024-05-31 ERNST & YOUNG US LLP 425 HOUSTON ST STE 600 FORTH WORTH TX 76102 990 2023-06-01 742123714 THOMAS L JR & GRACE P DOWNS SCHOLARSHIP FUND % FROST BANK TRUST DEPT THOM 2102204089 FROST BANK TRUSTEE PO BOX 2950 SAN ANTONIO TX 782992950 DEBBIE BROEMSEN TRUSTEE 2102204089 2024-08-15 true true Melva Scott P01207335 8173351900 2024-08-14 2023 2024-08-08 14:25:15Z DEBBIE BROEMSEN FROST BANK TRUSTEE PO BOX SAN ANTONIO TX 782992950 1210651 false X N/A X 1980 TX AS SET FORTH IN THE TRUST INSTRUMENT THIS ORGANIZATION SUPPORTS SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY AND SOUTHERN METHODIST UNIVERSITY. 1 0 0 0 0 0 0 0 395869 331524 0 0 395869 331524 255000 254001 0 0 60909 62918 0 0 0 25661 26876 341570 343795 54299 -12271 8663790 8651519 0 0 8663790 8651519 AS SET FORTH IN THE TRUST INSTRUMENT AND FOLLOWED BY THE TRUSTEE, THIS ORGANIZATION SUPPORTS SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY AND SOUTHERN METHODIST UNIVERSITY. false false 107038 84667 SOUTHWESTERN UNIVERSITY 107038 84667 TEXAS WESLEYAN UNIVERSITY 107038 84667 SOUTHERN METHODIST UNIVERSITY 321114 true false false false false false false false true false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 true 0 false false false false false false false false false false false false X 1 0 false false false false false false false true true false false true true true true true true false false false X FROST BANK TRUST DEPT 2102204089 ATTNDEBBIE BROEMSEN PO DRAWER 2950 SAN ANTONIO TX 782992950 FROST BANK TRUSTEE DEBBIE BROEMSEN, ADMINISTRATOR 40.0 0.0 X 79643 0 0 79643 0 0 0 false false false NONE 0 X 0 0 306050 306050 0 0 0 0 0 904601 879127 25474 25474 25474 0 0 0 0 0 0 0 0 0 0 331524 331524 254001 254001 0 0 0 62918 62918 0 0 0 0 0 0 0 0 0 8390 4195 4195 0 0 0 16725 0 16725 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FOREIGN TAXES 1743 1743 MINERAL FEES 18 18 343795 321114 22681 0 X 0 0 183184 171615 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8480605 8479903 0 0 0 0 0 0 1 1 8663790 8651519 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8663790 8651519 0 0 0 0 8663790 8651519 8663790 8651519 -12271 X false false false X X 3 SOUTHWESTERN UNIVERSITY 741233796 2 true 84667 0 TEXAS WESLEYAN UNIVERSITY 750800691 2 true 84667 0 SOUTHERN METHODIST UNIVERSITY 741233796 2 true 84667 0 3 254001 0 true false false false false false false false false false false false false false false true false true 0 0 0 0 263320 306050 263320 306050 0 0 21665 22681 0 241655 283369 8119049 8596995 332076 313154 1 1 8451126 8910150 0 0 8451126 8910150 126767 133652 8324359 8776498 291353 307177 0 291353 307177 241655 205407 291353 291353 0 291353 254001 0 67113 0 0 0 321114 321114 291353 110.2148 291353 0 0 0 0 0 66355 66355 0 66355 0 0 321114 0 224998 96116 0 0 96116 0 0 0 0 96116 FORM 990, SCHEDULE A, PART IV, SECTION D 2. THE ORGANIZATION MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATIONS BY PARTICIPATING IN REGULAR COMMUNICATIONS. THERE IS A STRONG WORKING RELATIONSHIP BETWEEN THE TRUSTEE AND AN OFFICER OF THE SUPPORTED ORGANIZATIONS. THE TRUSTEE IS RESPONSIVE TO THE NEEDS OF ALL THE SUPPORTED ORGANIZATIONS. FORM 990, SCHEDULE A, PART IV, SECTION D 3. THE SUPPORTED ORGANIZATIONS PARTICIPATE IN REGULAR COMMUNICATIONS WITH THE TRUSTEE OF THE ORGANIZATION REGARDING THE SUPPORTED ORGANIZATION'S PROJECTED NEEDS. THE SUPPORTED ORGANIZATIONS ALSO PROVIDE SUGGESTIONS TO THE TRUSTEE REGARDING THE ORGANIZATION'S USE OF ASSETS, INCLUDING TIMING OF GRANTS AND MANNER OF MAKING GRANTS. IN ADDITION, THE TRUSTEE REGULARLY COMMUNICATES WITH THE SUPPORTED ORGANIZATIONS REGARDING INVESTMENTS, DISTRIBUTION PLANS, AND OTHER SIMILAR MATTERS. 8663790 331524 254001 89794 8651519 8609490 395869 255000 86569 8663790 7474286 1490350 261000 94146 8609490 7467657 342548 247650 88269 7474286 7183009 598660 243129 70883 7467657 0.00000 1.00000 0.00000 false false PART V, LINE 4 AS SET FORTH IN THE TRUST INSTRUMENT AND FOLLOWED BY THE TRUSTEE, THIS ORGANIZATION SUPPORTS SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY, AND SOUTHERN METHODIST UNIVERSITY. true SOUTHERN METHODIST UNIVERSITY PO BOX 750233 DALLAS TX 752750233 750800689 501(c)(3) 84667 CHARITABLE SOUTHWESTERN UNIVERSITY 1001 E UNIVERSITY DR GEORGETOWN TX 78626 741233796 501(c)(3) 84667 CHARITABLE TEXAS WESLEYAN UNIVERSITY 1201 WESLEYAN ST FT WORTH TX 761051536 750800691 501(c)(3) 84667 CHARITABLE 3 0 PART I, LINE 2 PER THE GOVERNING INSTRUMENT, THE TRUST IS REQUIRED TO DISTRIBUTE 33 1/3% OF ITS INCOME ANNUALLY IN SUPPORT OF THE NAMED BENEFICIARIES: SOUTHWESTERN UNIVERSITY, TEXAS WESLEYAN UNIVERSITY, AND SOUTHERN METHODIST UNIVERSITY. EACH SCHOOL DETERMINES WHICH STUDENTS RECEIVE THE SCHOLARSHIPS PROVIDED BY THESE FUNDS. THE TRUSTEE WORKS WITH EACH NAMED BENEFICIARY TO ENSURE THAT THEY HAVE A SIGNIFICANT VOICE IN THE OPERATIONS OF THE TRUST. FORM 990, PART VI, SECTION A, LINE 11B YES, THE ADMINISTRATOR FOR THE TRUST REVIEWS AND SIGNS FORM 990 AS REQUIRED BY INTERNAL BANK POLICIES. FORM 990, PART VI, SECTION B, LINE 12C FROST BANK HAS A WRITTEN CONFLICT OF INTEREST POLICY. BANK POLICY REQUIRES ALL OFFICERS AND DIRECTORS TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. THE BANK INTERNAL POLICIES ARE REGULARLY AND CONSISTENTLY MONITORED FOR COMPLIANCE AND ENFORCEMENT BY INTERNAL AND EXTERNAL AUDITORS. FROST BANK HAS A WRITTEN WHISTLEBLOWER POLICY AND A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. COMPENSATION FOR THE TRUSTEE IS EITHER SET BY THE GOVERNING DOCUMENT OR REFLECT CHARGES THAT ARE NORMAL AND CUSTOMARY AS ESTABLISHED BY THE BANK FOR SIMILAR ACCOUNTS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF FORM 1023, TRUST GOVERNING DOCUMENTS, TAX RETURNS, AND FINANCIAL REPORTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. A COPY OF THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VIII - INVESTMENT INCOME INTEREST INCOME: $60,281 DIVIDEND INCOME: $245,769 -------------------------- TOTALS: $306,050 SOUTHWESTERN UNIVERSITY 1001 E UNIVERSITY DR GEORGETOWN TX 78626 741233796 501(c)(3) 2 NA false SOUTHERN METHODIST UNIVERSITY PO BOX 750233 DALLAS TX 75275 750800689 501(c)(3) 2 NA false TEXAS WESLEYAN UNIVERSITY 1201 WESLEYAN ST FORT WORTH TX 76105 750800691 501(c)(3) 2 NA false false true false false false false false false false false false false false false false false false false NONE NONE NONE