ENDOWMENT FOR REGIONAL SUSTAINABILITY SCIENCE: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ENDOWMENT FOR REGIONAL SUSTAINABILITY SCIENCE (EIN 20-2028290)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-08-18
- IRS object ID
- 202302309349101000
- 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
- Compensation Explanation
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-08-18T14:25:39-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | 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 | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202028290 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Endowment for Regional Sustainability | BusinessNameLine1Txt |
| Business Name Line2 | Science | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ENDO | BusinessNameControlTxt |
| Phone | 7133775017 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 Technology Forest Blvd 260 | AddressLine1Txt |
| City | The Woodlands | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77381 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Keith Bickham | PersonNm |
| Person Title | Secretary | PersonTitleTxt |
| Phone | 7133775017 | PhoneNum |
| Signature | 2023-08-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Keith | PersonFirstNm |
| Person Last | Bickham | 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 |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $30,728,466 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $48,705 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $48,705 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $310,912 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $310,912 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,123,990 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $25,044,369 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,123,990 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,483,607 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,483,607 | 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 |
| Accounting Fees Rev And Expnss | $2,300 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,150 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,150 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $12,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $7,200 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $4,800 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $20,124 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $624 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,176 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,176 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $37,600 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,974 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $9,126 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,500,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,500,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,537,600 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,974 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,509,126 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$53,993 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,474,633 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $3,084 | CashEOYAmt |
| Cash EOYFMV | $3,084 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,129,432 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,376,221 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,376,221 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $27,600,500 | CorporateStockBOYAmt |
| Corporate Stock EOY | $26,296,634 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $27,349,161 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $29,729,932 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,675,939 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $30,728,466 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $29,729,932 | CapitalStockBOYAmt |
| Capital Stock EOY | $29,675,939 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $29,729,932 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $29,675,939 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $29,729,932 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $29,675,939 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $29,729,932 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$53,993 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $29,675,939 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $29,675,939 | 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 |
| Gross Sales Price | $25,044,369 | GrossSalesPriceAmt |
| Cost Or Other Basis | $22,920,379 | CostOrOtherBasisAmt |
| Gain Or Loss | $2,123,990 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $2,123,990 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,123,990 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $34,397 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $34,397 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $34,397 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,914 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $23,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $38,914 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,517 | OverpaymentAmt |
| Applied To ES Tax | $4,517 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | Keith Bickham | IndividualWithBooksNm |
| Phone | 7133775017 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 Tech Forest Blvd 260 | AddressLine1Txt |
| City | The Woodlands | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77381 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| J Todd Mitchell | ||||||||
| 2700 Technology Forest 260 | The Woodlands | TX | 77381 | President | 0.50 | $0 | $0 | $0 |
| Keith Bickham | ||||||||
| 2700 Technology Forest 260 | The Woodlands | TX | 77381 | Secretary | 0.50 | $0 | $0 | $0 |
| Marilu Hastings | ||||||||
| 2700 Technology Forest 260 | The Woodlands | TX | 77381 | Director | 0.50 | $0 | $0 | $0 |
| Katherine Lorenz | ||||||||
| 2700 Technology Forest 260 | The Woodlands | TX | 77381 | Director | 0.50 | $0 | $0 | $0 |
| Dietrich Scheder-Bieschin | ||||||||
| 2700 Technology Forest 260 | The Woodlands | TX | 77381 | Director | 0.50 | $0 | $0 | $0 |
| Jonathan Zonis | ||||||||
| 2700 Technology Forest 260 | The Woodlands | TX | 77381 | Director | 0.50 | $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 | $30,468,024 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,607,193 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $34,075,217 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $34,075,217 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $511,128 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $33,564,089 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,678,204 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,678,204 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $34,397 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $34,397 | TotalTaxAmt |
| Distributable Before Adj | $1,643,807 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,643,807 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,643,807 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,509,126 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,509,126 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,643,807 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,656,789 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $967,187 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $468,833 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $4,247,624 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $7,340,433 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,509,126 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,643,807 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $865,319 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $8,205,752 | 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 | $1,656,789 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,548,963 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $967,187 | ExcessFromYear4Amt |
| Excess From Year3 | $468,833 | ExcessFromYear3Amt |
| Excess From Year2 | $4,247,624 | ExcessFromYear2Amt |
| Excess From Current Year | $865,319 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Houston Advanced Research Center | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4800 Research Forest Dr | AddressLine1Txt |
| City | The Woodlands | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77381 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Educational, charitable, and scientific programs | GrantOrContributionPurposeTxt |
| Amt | $2,500,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,500,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $48,705 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $310,912 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,123,990 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,483,607 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,483,607 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Tax compliance | CategoryTxt |
| Amt | $2,300 | Amt |
| Net Investment Income | $1,150 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,150 | DisbursementsCharitablePrpsAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Keith Bickham | PersonNm |
| Short Explanation | The foundation paid a management fee of $12,000 to Mitchell Family Corporation, pursuant to a shared services agreement, for ordinary and necessary personal services performed for the foundation during the tax year. Keith Bickham is employed by Mitchell Family Corporation. He is not employed or compensated by the foundation. It is not feasible to determine the portion of the management fee attributed directly to Keith Bickham's services, due to the nature of the shared services agreement. The foundation is making this disclosure pursuant to revised IRS guidance per Announcement 2021-18. | ShortExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (49 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 20,000 Aes Corp | $572,850 | $575,200 |
| 15,000 Aflac Inc | $903,350 | $1,079,100 |
| 1,800 Air Products & Chemicals Inc | $564,534 | $554,868 |
| 1,500 Albemarle Corp | $490,500 | $325,290 |
| 1,500 Amerisourcebergen Corp | $256,260 | $248,565 |
| 2,000 Amgen | $494,300 | $525,280 |
| 3,650 Analog Devices Inc | $577,831 | $598,710 |
| 8,750 Apple Inc | $1,008,578 | $1,136,888 |
| 4,350 Arista Networks Inc | $574,200 | $527,873 |
| 2,200 Automatic Data Processing Inc | $575,300 | $525,492 |
| 500 Autozone Inc | $1,166,750 | $1,233,090 |
| 7,000 Bristol Myers Squibb Company | $553,280 | $503,650 |
| 2,000 Caterpillar Inc | $474,000 | $479,120 |
| 4,000 Cboe Global Markets Inc | $447,200 | $501,880 |
| 5,000 Centene Corp Del | $455,000 | $410,050 |
| 2,750 Chubb Ltd | $592,680 | $606,650 |
| 10,000 Citizens Financial Group Inc | $484,450 | $393,700 |
| 6,000 Consolidated Edison Inc | $575,340 | $571,860 |
| 3,137 Costco Wholesale Corp | $1,276,288 | $1,432,041 |
| 727 Elevance Health Inc | $385,964 | $372,929 |
| 4,000 Genuine Parts Co | $564,000 | $694,040 |
| 4,500 Globe Life Inc | $450,000 | $542,475 |
| 2,000 Humana Inc | $1,051,244 | $1,024,380 |
| 5,000 Incyte Corp | $411,500 | $401,600 |
| 3,800 Keysight Technologies Inc | $441,218 | $650,066 |
| 10,000 Las Vegas Sands Corp | $470,300 | $480,700 |
| 2,000 Linde Plc | $477,500 | $652,360 |
| 2,000 Mcdonalds Corp | $512,600 | $527,060 |
| 5,000 Merck & Company Inc New | $461,500 | $554,750 |
| 6,000 Molson Coors Beverage Company Class B | $349,500 | $309,120 |
| 7,000 Mondelez International Inc Cl A | $447,650 | $466,550 |
| 5,000 Monster Beverage Corp New | $481,250 | $507,650 |
| 2,000 Netflix Inc | $415,600 | $589,760 |
| 4,000 Novo Nordisk As Adr | $457,360 | $541,360 |
| 6,674 Otis Worldwide Corp | $614,942 | $522,641 |
| 4,000 Paccar Inc | $408,480 | $395,880 |
| 3,000 Pepsico Inc | $508,500 | $541,980 |
| 4,000 Principal Financial | $377,600 | $335,680 |
| 4,000 Quanta Services Inc | $524,000 | $570,000 |
| 2,008 Quest Diagnostics Inc | $315,959 | $314,131 |
| 5,000 Sysco Corp | $436,750 | $382,250 |
| 7,200 Tjx Cos Inc New | $555,552 | $573,120 |
| 1,000 Unitedhealth Group Inc | $530,000 | $530,180 |
| 2,000 Vertex Pharmaceuticals Inc | $578,800 | $577,559 |
| 2,643 Vmware Inc | $272,934 | $324,455 |
| 4,500 Wabtec | $453,240 | $449,145 |
| 3,800 Walmart Inc | $569,050 | $538,802 |
| 2,000 Waste Management Inc Del | $298,300 | $313,760 |
| 3,400 Yum Brands Inc | $432,650 | $435,471 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Bank service charges | $120 | $0 | $120 |
| Insurance | $3,056 | $0 | $3,056 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Management services | CategoryTxt |
| Amt | $12,000 | Amt |
| Net Investment Income | $7,200 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,800 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Excise tax | $19,500 | $0 | $0 |
| Foreign tax | $624 | $624 | $0 |
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