MARY K AND CLIFFORD GRUM FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MARY K AND CLIFFORD GRUM FOUNDATION (EIN 75-6454067)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-11-14
- IRS object ID
- 202303189349102560
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-14T12:08:35-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 750767305 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AXLEY & RODE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1388 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759021388 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 756454067 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARY K AND CLIFFORD GRUM FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARY | BusinessNameControlTxt |
| Phone | 9366313548 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 152020 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759152020 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SOUTHSIDE BANK WEALTH MANAGEMENT | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9368291331 | PhoneNum |
| Signature | 2023-11-09 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARY | PersonFirstNm |
| Person Last | GRUM | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT G LINDSEY PC CPA | PreparerPersonNm |
| PTIN | P00045820 | PTIN |
| Phone | 9366346621 | PhoneNum |
| Preparation | 2023-11-09 | PreparationDt |
| 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 | $47,915,090 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $500,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $490 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $490 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,123,557 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,123,557 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $495,114 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,885,050 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $495,114 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $61,968 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $61,968 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,181,129 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,681,129 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $7,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $113,665 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $63,833 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $49,832 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $22,405 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $52,177 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,957 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $195,247 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $69,290 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $53,332 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,869,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,869,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,064,747 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $69,290 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,922,832 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$883,618 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,611,839 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,641,433 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $11,295,758 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $11,295,758 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $11,002,026 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $8,361,873 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $7,517,990 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $32,274,151 | CorporateStockBOYAmt |
| Corporate Stock EOY | $24,789,892 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $24,507,238 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $3,393,056 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,886,649 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,553,909 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $11,916 | OtherAssetsBOYAmt |
| Other Assets EOY | $40,195 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $40,195 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $48,322,582 | TotalAssetsBOYAmt |
| Total Assets EOY | $47,374,367 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $47,915,090 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $64,597 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $64,597 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $42,837,290 | CapitalStockBOYAmt |
| Capital Stock EOY | $43,337,290 | CapitalStockEOYAmt |
| Retained Earning BOY | $5,420,695 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,037,077 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $48,257,985 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $47,374,367 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $48,322,582 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $47,374,367 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $48,257,985 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$883,618 | ExcessRevenueOverExpensesAmt |
| Subtotal | $47,374,367 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $47,374,367 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (72 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|
| LONG TERM CAPITAL GAIN DISTRIBUTIONS | P | 2022-06-30 | $580,041 | $580,041 | $580,041 | |
| 4009.65 VANGUARD INTERM-TERM INVEST | P | 2022-03-09 | $33,240 | -$6,857 | -$6,857 | $40,097 |
| 2000 FIRST FINL BANKSHARES | P | 2023-03-20 | $64,223 | $19,585 | $19,585 | $44,638 |
| 500 RAND CAP | P | 2023-03-29 | $6,899 | -$7,410 | -$7,410 | $14,309 |
| 150000 AMERICAN EXPRESS NATL BK | P | 2023-03-31 | $150,000 | $150,000 | ||
| 100000 US TREASURY NOTE | P | 2022-08-15 | $100,000 | -$152 | -$152 | $100,152 |
| 4990.819 FIDELITY ADVISOR FOCUSED | P | 2023-03-09 | $135,900 | -$54,251 | -$54,251 | $190,151 |
| 250 RAND CAP CORP | P | 2023-03-20 | $3,417 | -$3,738 | -$3,738 | $7,155 |
| 3000 FIRST FINL BANKSHARES | P | 2023-03-29 | $96,922 | $29,966 | $29,966 | $66,956 |
| 500 RAND CAP CORP | P | 2023-04-03 | $6,718 | -$7,591 | -$7,591 | $14,309 |
| 4000 SOUTHSIDE BANCSHARES | P | 2022-08-16 | $163,178 | $94,277 | $94,277 | $68,901 |
| 10038.61 VANGUARD HIGH-YIELD CORP | P | 2023-03-09 | $52,000 | -$7,931 | -$7,931 | $59,931 |
| 2000 SOUTHSIDE BANCSHARES | P | 2023-03-20 | $69,646 | $35,196 | $35,196 | $34,450 |
| 2000 SOUTHSIDE BANCSHARES | P | 2023-03-29 | $68,321 | $33,871 | $33,871 | $34,450 |
| 3000 FIRST FINL BANKSHARES | P | 2023-04-03 | $97,128 | $30,172 | $30,172 | $66,956 |
| 4000 SOUTHSIDE BANCSHARES | P | 2022-08-24 | $158,358 | $89,457 | $89,457 | $68,901 |
| 999.448 VANGUARD MORTGAGE-BACKED | P | 2023-03-09 | $18,100 | -$2,669 | -$2,669 | $20,769 |
| 2000 FIRST FINL BANKSHARES | P | 2023-03-22 | $63,377 | $18,739 | $18,739 | $44,638 |
| 500 RAND CAP CORP | P | 2023-03-30 | $6,779 | -$7,530 | -$7,530 | $14,309 |
| 500 RAND CAP CORP | P | 2023-04-04 | $6,710 | -$7,599 | -$7,599 | $14,309 |
| 600000 US TREASURY NOTE | P | 2022-09-30 | $600,000 | -$1,266 | -$1,266 | $601,266 |
| 998.575 VANGUARD LT GOVT BD | P | 2023-03-09 | $21,020 | -$7,999 | -$7,999 | $29,019 |
| 300 RAND CAP CORP | P | 2023-03-22 | $4,101 | -$4,485 | -$4,485 | $8,586 |
| 3000 FIRST FINL BANKSHARES | P | 2023-03-30 | $95,735 | $28,779 | $28,779 | $66,956 |
| 500 RAND CAP CORP | P | 2023-04-05 | $6,438 | -$7,871 | -$7,871 | $14,309 |
| 100000 US TREASURY NOTE | P | 2022-10-05 | $100,000 | -$31 | -$31 | $100,031 |
| 4995.376 VANGUARD INTL GROWTH | P | 2023-03-09 | $486,150 | -$239,658 | -$239,658 | $725,808 |
| 2000 SOUTHSIDE BANCSHARES | P | 2023-03-22 | $67,874 | $33,424 | $33,424 | $34,450 |
| 2000 SOUTHSIDE BANCSHARES | P | 2023-03-30 | $67,839 | $33,389 | $33,389 | $34,450 |
| 3000 FIRST FINL BANKSHARES | P | 2023-04-05 | $93,286 | $26,330 | $26,330 | $66,956 |
| 2000000 US TREASURY NOTE | P | 2022-11-30 | $2,000,000 | -$9,219 | -$9,219 | $2,009,219 |
| 10015.591 VANGUARD EQUITY-INCOME | P | 2023-03-09 | $835,100 | -$52,687 | -$52,687 | $887,787 |
| 3000 FIRST FINL BANKSHARES | P | 2023-03-23 | $97,064 | $30,108 | $30,108 | $66,956 |
| 1681.291 DELAWARE IVY MID CAP | P | 2023-03-30 | $49,127 | -$24,783 | -$24,783 | $73,910 |
| 500 RAND CAP CORP | P | 2023-04-06 | $6,431 | -$7,878 | -$7,878 | $14,309 |
| 245000 EVERGREEEN BK GROUP | P | 2022-12-19 | $245,000 | $245,000 | ||
| 4969.843 FIDELITY GROWTH COMPANY ON | P | 2023-03-09 | $123,600 | -$11,886 | -$11,886 | $135,486 |
| 2000 SOUTHSIDE BANCSHARES | P | 2023-03-23 | $68,999 | $34,549 | $34,549 | $34,450 |
| 589.347 FEDERATED HERMES KAUFMANN | P | 2023-03-30 | $25,006 | -$18,258 | -$18,258 | $43,264 |
| 500 RAND CAP CORP | P | 2023-04-20 | $6,370 | -$7,939 | -$7,939 | $14,309 |
| 100000 US TREASURY NOTE | P | 2022-02-28 | $100,000 | $344 | $344 | $99,656 |
| 9971.949 VANGUARD DEVELOPED MKTS IDX | P | 2023-03-09 | $142,200 | -$16,278 | -$16,278 | $158,478 |
| 500 RAND CAP CORP | P | 2023-03-23 | $6,867 | -$7,442 | -$7,442 | $14,309 |
| 1908.016 VANGUARD 500 INDEX | P | 2023-03-30 | $708,809 | $97,458 | $97,458 | $611,351 |
| 600 RAND CAP CORP | P | 2023-05-11 | $7,935 | -$9,236 | -$9,236 | $17,171 |
| 4981.299 DELAWARE IVY MID CAP GROWTH | P | 2023-03-09 | $146,500 | -$55,759 | -$55,759 | $202,259 |
| 10020.79 BRANDYWINE GLOBAL HIGH YLD | P | 2023-03-09 | $96,400 | -$19,040 | -$19,040 | $115,440 |
| 3000 FIRST FINL BANKSHARES | P | 2023-03-24 | $97,645 | $30,689 | $30,689 | $66,956 |
| 4801.456 VANGUARD INTL GROWTH | P | 2023-03-30 | $476,785 | -$121,136 | -$121,136 | $597,921 |
| 600 RAND CAP CORP | P | 2023-05-11 | $7,659 | -$9,512 | -$9,512 | $17,171 |
| 3000 VANGUARD TOTAL BOND MKT INDEX | P | 2023-03-09 | $28,320 | -$6,870 | -$6,870 | $35,190 |
| 2000 RAND CAP CORP | P | 2023-03-10 | $27,527 | -$29,710 | -$29,710 | $57,237 |
| 500 RAND CAP CORP | P | 2023-03-24 | $6,907 | -$7,402 | -$7,402 | $14,309 |
| 4703.093 VANGUARD EQUITY-INCOME | P | 2023-03-30 | $381,233 | -$34,944 | -$34,944 | $416,177 |
| 200000 US TREASURY NOTE | P | 2023-06-01 | $200,000 | $1,109 | $1,109 | $198,891 |
| 4997.878 VANGUARD SMALL CAP INDEX | P | 2023-03-09 | $471,050 | $30,437 | $30,437 | $440,613 |
| 2500 SOUTHSIDE BANCSHARES | P | 2023-03-10 | $90,326 | $47,263 | $47,263 | $43,063 |
| 2000 SOUTHSIDE BANCSHARES | P | 2023-03-24 | $69,289 | $34,839 | $34,839 | $34,450 |
| 9033.137 FIDELITY GROWTH COMPANY | P | 2023-03-30 | $232,061 | -$46,147 | -$46,147 | $278,208 |
| LTCG ACCESS VENTURE PARTNERS K1 | P | 2023-06-30 | $82,094 | $82,094 | $82,094 | |
| 2002.043 VANGUARD ST BOND INDEX | P | 2023-03-09 | $19,600 | -$1,381 | -$1,381 | $20,981 |
| 2000 FIRST FINL BANKSHARES | P | 2023-03-10 | $69,906 | $25,268 | $25,268 | $44,638 |
| 500 RAND CAP CORP | P | 2023-03-27 | $6,907 | -$7,402 | -$7,402 | $14,309 |
| 2000 SOUTHSIDE BANCSHARES | P | 2023-03-30 | $66,743 | $32,293 | $32,293 | $34,450 |
| 5001.136 FEDERATED HERMES KAUFMANN | P | 2023-03-09 | $220,200 | -$131,832 | -$131,832 | $352,032 |
| 2000 FIRST FINL BANKSHARES | P | 2023-03-16 | $66,184 | $21,546 | $21,546 | $44,638 |
| 2000 SOUTHSIDE BANCSHARES | P | 2023-03-27 | $66,421 | $31,971 | $31,971 | $34,450 |
| 500 RAND CAP CORP | P | 2023-03-31 | $6,710 | -$7,599 | -$7,599 | $14,309 |
| 4992.419 VANGUARD 500 INDEX ADMIRAL | P | 2023-03-09 | $1,843,900 | -$137,115 | -$137,115 | $1,981,015 |
| 2000 SOUTHSIDE BANCSHARES | P | 2023-03-16 | $69,282 | $34,832 | $34,832 | $34,450 |
| 3000 FIRST FINL BANKSHARES | P | 2023-03-27 | $93,347 | $26,391 | $26,391 | $66,956 |
| 3000 FIRST FINL BANKSHARES | P | 2023-03-31 | $96,146 | $29,190 | $29,190 | $66,956 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $495,114 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $22,405 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $22,405 | SubtotalAmt |
| Tax Based On Investment Income | $22,405 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $62,600 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $62,600 | TotalPaymentsAndCreditsAmt |
| Overpayment | $40,195 | OverpaymentAmt |
| Applied To ES Tax | $40,195 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHSIDE BANK | BusinessNameLine1Txt |
| Business Name Line2 | WEALTH MANAGEMENT & TRUST | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9366313548 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 152020 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75915 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SOUTHSIDE BANK WEALTH MANAGEMENT | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 152020 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759152020 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $44,947,771 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,753,698 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $42,353 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $49,743,822 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $49,743,822 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $746,157 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $48,997,665 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,449,883 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,449,883 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $22,405 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $22,405 | TotalTaxAmt |
| Distributable Before Adj | $2,427,478 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,427,478 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,427,478 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,922,832 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,922,832 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,427,478 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $527,052 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,124,305 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $325,521 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,976,878 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,922,832 | QualifyingDistributionsAmt |
| Applied To Current Year | $2,427,478 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $495,354 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,472,232 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $527,052 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,945,180 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,124,305 | ExcessFromYear4Amt |
| Excess From Year1 | $325,521 | ExcessFromYear1Amt |
| Excess From Current Year | $495,354 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SOUTHSIDE BANK WEALTH MANAGEMENT | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 152020 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759152020 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9366313548 | RecipientPhoneNum |
| Form And Info And Materials | A LETTER DESCRIBING USE OF REQUESTED FUNDS AND EXEMPT STATUS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | DONEE MUST BE A CHARITABLE ORGANIZATION. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| CHO YEH CAMP & CONFERENCE | ||||||||
| 2200 S WASHINGTON AVE | LIVINGSTON | TX | 77351 | NONE | PC | GENERAL OPERATIONS | $350,000 | |
| FIRST PRESBYTERIAN CHURCH | ||||||||
| 607 JANEWAY AVE | LUFKIN | TX | 75904 | NONE | PC | GENERAL OPERATIONS | $330,000 | |
| HOPE WALKS | ||||||||
| PO BOX 1098 | MECHANICSBURG | PA | 17055 | NONE | PC | GENERAL OPERATIONS | $5,000 | |
| HOSPICE IN THE PINES | ||||||||
| 1504 W FRANK AVE | LUFKIN | TX | 75904 | NONE | PC | GENERAL OPERATIONS | $1,000 | |
| MEDICAL BENEVOLENCE FOUNDATION | ||||||||
| 9555 W SAM HOUSTON PKWY S | HOUSTON | TX | 77099 | NONE | PC | GENERAL OPERATIONS | $1,035,000 | STE 170 |
| MUSEUM OF EAST TEXAS | ||||||||
| 503 N 2ND ST | LUFKIN | TX | 75901 | NONE | PC | GENERAL OPERATIONS | $1,000 | |
| NEIGHBORHOOD STRONG | ||||||||
| 107 W LUFKIN AVE | LUFKIN | TX | 759013055 | NONE | PC | GENERAL OPERATIONS | $100,000 | SUITE 205 |
| PRESBYTERIAN PAN AMERICAN SCHOOL | ||||||||
| 223 N FM 772 | KINGSVILLE | TX | 78363 | NONE | PC | GENERAL OPERATIONS | $5,000 | |
| ST LUKE'S FOUNDATION | ||||||||
| 11327 SHAKER BLVD 600W | CLEVELAND | OH | 44104 | NONE | PC | GENERAL OPERATIONS | $1,000,000 | MC 3-206 |
| TLL TEMPLE MEMORIAL LIBRARY | ||||||||
| 300 PARK ST | DIBOLL | TX | 75941 | NONE | PC | GENERAL OPERATIONS | $2,500 | |
| WINNIE BERRY HUMANE SOCIETY | ||||||||
| 1102 N JOHN REDDITT DR | LUFKIN | TX | 75904 | NONE | PC | GENERAL OPERATIONS | $10,000 | |
| EAST TEXAS FOOD BANK | ||||||||
| 3201 ROBERTSON RD | TYLER | TX | 75701 | NONE | PC | GENERAL OPERATIONS | $5,000 | |
| HABITAT FOR HUMANITY | ||||||||
| 322 WEST LAMAR STREET | AMERICUS | GA | 317093543 | NONE | PC | GENERAL OPERATIONS | $25,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,869,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $490 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,123,557 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 1 | ExclusionCd |
| Exclusion | $61,968 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $495,114 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,681,129 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,681,129 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
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 Person | CLIFFORD J GRUM ESTATE | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 152020 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75915 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $500,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AXLEY & RODE, LLP | CategoryTxt |
| Amt | $7,000 | Amt |
| Net Investment Income | $3,500 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,500 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (13 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 64264.594 DELAWARE IVY MID CAP | $2,617,587 | $2,088,139 |
| 26751.078 FEDERATED HERMES KAUFMANN | $1,308,266 | $1,006,332 |
| 46137.438 FIDELITY ADV FOCUSED EMRG | $1,596,841 | $1,179,312 |
| 58154.973 FIDELITY GROWTH COMPANY | $1,281,256 | $1,528,681 |
| 67496 FIRST FINL BANKSHARES | $792,226 | $1,011,281 |
| 466845 ILUMNO HOLDINGS | $2,731,043 | $112,042 |
| 43801 RAND CAP CORP | $902,875 | $449,509 |
| 270255 SOUTHSIDE BANCSHARES INC | $3,991,339 | $6,324,311 |
| 20849.964 VAN SMALL CAP | $1,238,707 | $1,302,339 |
| 16737.916 VANGUARD 500 INDEX | $3,053,185 | $4,213,000 |
| 169027.177 VANGUARD DEVELOPED MARKET | $2,550,084 | $2,416,538 |
| 11343.013 VANGUARD SMALL CAP ADM | $584,387 | $632,493 |
| 38199.649 VG EQUITY INCOME | $2,142,096 | $2,243,261 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,720,039 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,424,685 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $4,641,834 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $4,093,305 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (17 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 150000 AMERICAN EXPRESS BANK | AT COST | ||
| 249000 BANKUNITED .55% | AT COST | $249,000 | $220,250 |
| 34722.222 BRANDYWINE HIGH YIELD I | AT COST | $284,560 | $238,616 |
| 50000 GOLDMACH SACHS .4 | AT COST | $50,000 | $49,726 |
| 245000 EVERGREEN BANK GROUP | AT COST | ||
| 249000 FIRST NATIONAL BK CD .6% | AT COST | $249,000 | $211,224 |
| 200000 GOLDMAN .65 10/07/24 | AT COST | $200,000 | $188,290 |
| 250000 LIVE OAK .55 10/01/24 | AT COST | $250,000 | $235,148 |
| 250000 TOLLESON BK .3% | AT COST | $250,000 | $229,695 |
| 8013.154 VANGUARD INTER TERM INV | AT COST | $46,684 | $39,355 |
| 67001.675 VANGUARD HIGH YIELD CORPOR | AT COST | $340,070 | $297,347 |
| 8678.084 VANGUARD BD INDEX FD INC | AT COST | $58,461 | $47,876 |
| 2580.866 VANGUARD LT GVT BD | AT COST | $45,981 | $33,655 |
| 3196.898 VANGUARD M/B SEC INDX | AT COST | $45,663 | $40,235 |
| 4983.037 VANGUARD ST CORP BOND | AT COST | $31,241 | $29,482 |
| 2.971209% ACCESS VENTURES PRTNRS III | AT COST | $535,989 | $2,452,547 |
| 250000 CAPITAL ONE NATL ASSN 3.4 | AT COST | $250,000 | $240,463 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INTEREST | $11,916 | ||
| PREPAID FIT | $40,195 | $40,195 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| BOND AMORTIZATION | $50,220 | |
| OTHER DEDUCTIONS - K1 | $1,957 | $1,957 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INC ACCESS VENTURE K1 | Desc |
| Revenue And Expenses Per Books | $61,968 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $61,968 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $64,597 | BOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SOUTHSIDE BANK-FIDUCIARY FEES | $99,665 | $49,833 | $49,832 |
| MANAGEMENT FEE-K-1 | $14,000 | $14,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $22,405 | Amt |
Comments