MARSHAL VERNE ROSS FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: MARSHAL VERNE ROSS FOUNDATION INC (EIN 74-2864663)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-04-22
IRS object ID: 202201129349100415
Schema version: 2021v4.0
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
Investments Corp Stock Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-04-22T12:37:06-07:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	742581874	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Thompson Derrig & Craig PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1598 Copperfield Pkwy	AddressLine1Txt
City	College Station	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77845	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	742864663	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Marshal Verne Ross Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MARS	BusinessNameControlTxt
Phone	9797761922	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2200 Quail Hollow Drive	AddressLine1Txt
City	Bryan	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77802	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Mary Frances Ross	PersonNm
Person Title	President	PersonTitleTxt
Signature	2022-04-22	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Mary Frances	PersonFirstNm
Person Last	Ross	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Durwood Thompson JrCPA CFP	PreparerPersonNm
PTIN	P00297281	PTIN
Phone	9792609696	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
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$9,305,713	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

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	$11	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$11	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$117,193	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$117,193	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$252,028	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$726,997	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$252,028	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$6,151	NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss	$234,886	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$234,886	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$604,118	TotalRevAndExpnssAmt
Total Net Invst Incm	$604,118	TotalNetInvstIncmAmt
Total Adj Net Incm	$6,151	TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss	$12,795	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$7,677	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$5,118	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$67,986	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$67,986	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$26,257	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$26,257	TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss	$35,233	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$35,233	DeprecAndDpltnNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss	$1,748	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$1,311	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$437	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$165	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$165	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$144,184	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$138,629	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$5,555	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$338,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$338,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$482,184	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$138,629	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$343,555	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$121,934	ExcessRevenueOverExpensesAmt
Net Investment Income	$465,489	NetInvestmentIncomeAmt
Adjusted Net Income	$6,151	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$19,861	CashBOYAmt
Cash EOY	$20,083	CashEOYAmt
Cash EOYFMV	$20,084	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$98,564	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$136,373	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$136,373	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$4,013,881	CorporateStockBOYAmt
Corporate Stock EOY	$4,140,816	CorporateStockEOYAmt
Corporate Stock EOYFMV	$8,090,267	CorporateStockEOYFMVAmt
Other Assets BOY	$8,395	OtherAssetsBOYAmt
Other Assets EOY	$2,001	OtherAssetsEOYAmt
Other Assets EOYFMV	$1,058,989	OtherAssetsEOYFMVAmt
Total Assets BOY	$4,140,701	TotalAssetsBOYAmt
Total Assets EOY	$4,299,273	TotalAssetsEOYAmt
Total Assets EOYFMV	$9,305,713	TotalAssetsEOYFMVAmt
Other Liabilities EOY	$5,838	OtherLiabilitiesEOYAmt
Total Liabilities EOY	$5,838	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$4,140,701	CapitalStockBOYAmt
Capital Stock EOY	$4,293,435	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$4,140,701	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$4,293,435	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$4,140,701	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$4,299,273	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$4,140,701	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$121,934	ExcessRevenueOverExpensesAmt
Other Increases	$37,387	OtherIncreasesAmt
Subtotal	$4,300,022	SubtotalAmt
Other Decreases	$6,587	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$4,293,435	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
SEE ATTACHED CHARLES SCHWAB GAIN LOSS	P	2021-01-01	2021-12-31	$14,181	$13,253	$928	$928
SEE ATTACHED CHARLES SCHWAB GAIN LOSS	P	2020-01-01	2021-12-31	$226,665	$144,864	$81,801	$81,801
SEE ATTACHED MERRILL LYNCH GAIN LOSS	P	2021-01-01	2021-12-31	$38,943	$33,720	$5,223	$5,223
SEE ATTACHED MERRILL LYNCH GAIN LOSS	P	2020-01-01	2021-12-31	$447,177	$283,132	$164,045	$164,045
Capital Gain Dividends						$31

Field	Value	IRS element (for citing)
Capital Gain Net Income	$252,028	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$6,151	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$6,470	InvestmentIncomeExciseTaxAmt
Subtotal	$6,470	SubtotalAmt
Tax Based On Investment Income	$6,470	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$749	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$749	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$111	EsPenaltyAmt
Tax Due	$5,832	TaxDueAmt
Applied To ES Tax	$0	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
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	Woody Thompson	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9792609696	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1598 Copperfield Parkway	AddressLine1Txt
City	College Station	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77845	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	Yes (true)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
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 (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
Mary Frances Ross
2200 Quail Hollow Drive	Bryan	TX	77802	President	2.00	$0
Margaret Purvis
P O Box 51990	Midland	TX	79710	Vice President	1.00	$0
Marsha Frances Ross Shaer
2200 Quail Hollow Drive	Bryan	TX	77802	Director	1.00	$0
Amanda Lee Ross Versari
2200 Quali Hollow Drive	Bryan	TX	77802	Director	1.00	$0
Woody Thompson
1598 Copperfield Parkway	College Station	TX	77845	Treasurer	1.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	NONE (THE FOUNDATION'S ONLY PURPOSE IS MAKING GRANTS TO TAX EXEMPT ORGANIZATIONS.)	Description1Txt
Expenses1	$0	Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$7,491,092	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$150,940	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$851,982	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$8,494,014	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$8,494,014	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$127,410	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$8,366,604	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$418,330	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$418,330	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$6,470	TaxBasedOnInvestmentIncomeAmt
Total Tax	$6,470	TotalTaxAmt
Distributable Before Adj	$411,860	DistributableBeforeAdjAmt
Distributable Before Ded	$411,860	DistributableBeforeDedAmt
Distributable As Adjusted	$411,860	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$343,555	ExpensesAndContributionsAmt
Qualifying Distributions	$343,555	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$411,860	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$33,843	ExcessDistributionCyovYr5Amt
Total Excess Distribution Cyov	$33,843	TotalExcessDistributionCyovAmt
Qualifying Distributions	$343,555	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$343,555	AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus	$33,843	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$33,843	ExcessDistributionCyovAppCYAmt
Undistributed Income CY	$34,462	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	THE MARSHAL VERNE ROSS FOUNDATION	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	2200 QUAIL HOLLOW DRIVE	AddressLine1Txt
City	BRYAN	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77802	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	9797761922	RecipientPhoneNum
Form And Info And Materials	LETTER DETAILING REQUEST AND PURPOSE FOR WHICH TO BE USED. ALSO TO BE INCLUDED IS LATEST REPORT FILED WITH THE INTERNAL REVENUE SERVICE AND DOCUMENTS SHOWING 501(C)3 STATUS OR OTHER TAX EXEMPT STATUS.	FormAndInfoAndMaterialsTxt
Submission Deadlines	JUNE 30 OF THE YEAR FOR WHICH REQUEST IS MADE.	SubmissionDeadlinesTxt
Restrictions On Awards	LIMITED TO 501(C)3 OR OTHER TAX EXEMPT ORGANIZATIONS LOCATED IN THE CONTINENTAL UNITED STATES.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
MIDLAND MEMORIAL FOUNDATION
2200 WEST ILLINOIS AVENUE	MIDLAND	TX	79701	None	501(C)3	Hospital Equipment	$28,000
TEXAS TECH UNIVERSITY
800 WEST FOURTH STREET	ODESSA	TX	79763	None	501(C)3	SCHOLARSHIPS TO SCHOOLS OF NURSING, HEALTH PROFESSIONS, PA'S AND THIRD YEAR MEDICAL STUDENTS	$90,000
MIDLAND COLLEGE FOUNDATION
3600 N GARFIELD	MIDLAND	TX	79705	None	501(C)3	NURSING SCHOLARSHIPS	$10,000
TEXAS AM FOUNDATION
TEXAS AM UNIVERSITY	COLLEGE STATION	TX	77843	None	501(C)3	SCHOLARSHIPS FOR SCHOOL OF VETERINARY MEDICINE.	$15,000
BOYS AND GIRLS CLUB
900 W WILLIAM JOEL BRYAN	BRYAN	TX	77803	None	501(C)3	SUPPORT FOR CLUB PROGRAMS	$25,000
SOS MINISTRIES
PO BOX 2866	BRYAN	TX	77805	None	501(C)3	KIDS CAMP/WOMEN'S RETREAT	$12,000
ST THOMAS EARLY LEARNING CENTER
906 GEORGE BUSH DRIVE	COLLEGE STATION	TX	77840	None	501(C)3	PROPERTY DEVELOPMENT	$10,000
CHI ST JOSEPH
PO BOX 993	BRYAN	TX	77805	None	501(C)3	Scholarships; Advancing Technology & Saving Lives 3D Mammography	$40,000
Cavalry Soccer
bRAZOS vALLEY	cOLLEGE STATION	TX	77802	None	501(c)3	fINANCIAL ASSISTANCE	$10,000
BAYLOR SCOTT WHITE CENTRAL TX FDN
2401 S 31ST ST	TEMPLE	TX	76508	None	501(C)3	GENERAL OPERATING NEEDS	$20,000
RANCH THERAPEUTIC RIDING CTR
1007 CAMP ROAD	MCGREGOR	TX	76657	501(C)3	501(C)3	SCHOLARSHIPS	$12,000
LAURA W BUSH INST FOR WOMEN'S HEALT
3601 4TH STREET STOP 8143	LUBBOCK	TX	79430	None	501(C)3	INFANT RISK CENTER	$25,000
STILLCREEK RANCH
6055 HEARNE ROAD	BRYAN	TX	77808	None	501(C)3	long term residentail students education fees	$11,000
REFLECTION MINISTRIES OF TEXAS
PO BOX 52371	MIDLAND	TX	79710	None	501(C)3	GENERAL OP NEEDS	$15,000
BUCKNER FOUNDATION
PO BOX 8377	PRAIRIE VILLAGE	KS	66208	None	501(C)3	EDUCATIONAL SCHOLARSHIPS	$5,000
SALVATION ARMY
2506 Cavitt Ave	Bryan	TX	77801	NONE	501(C)3	PATHWAY TO HOPE PROG.	$10,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$338,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$11	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$117,193	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$252,028	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	ROYALTIES	Desc
Exclusion	15	ExclusionCd
Exclusion	$234,886	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$604,118	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$604,118	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING	CategoryTxt
Amt	$12,795	Amt
Net Investment Income	$7,677	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$5,118	DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (109 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
3M COMPANY	$17,760	$17,763
ANALOG DEVICES INC	$23,291	$114,251
APPLE INC	$15,572	$381,775
BECTON DICKINSON	$17,358	$31,435
BRISTOL MYERS SQUIBB	$8,997	$24,940
CHEVRON/TEXACO CORPORATION	$7,704	$29,338
COCA COLA	$31,642	$47,368
COLGATE PALMOLIVE	$39,352	$59,738
CONSUMER DISCRETIONARY	$84,437	$152,717
CVS HEALTH CORP	$47,920	$56,738
DANAHER CORP	$19,996	$98,703
DIAGEO PLC SPSD ADR NEW	$30,870	$132,084
FIRST TR EXCHANGE TRADED	$35,062	$54,497
HEALTH CARE SELECT SPDR	$96,208	$139,481
HOME DEPOT INC	$41,150	$207,505
HONEYWELL INTL INC DEL	$19,361	$72,979
INTEL CORP	$25,715	$51,500
ISHARES IBOXX	$19,465	$20,806
ISHARES INC CORE MSCI	$254,012	$277,870
ISHARES NASDAQ BIOTECH	$32,696	$43,649
JOHNSON AND JOHNSON	$58,157	$102,642
JP MORGAN CHASE & CO	$72,023	$174,185
LOWE'S COMPANIES, INC.	$22,875	$142,164
MEDTRONIC	$39,687	$51,725
MERCK & CO INC NEW	$36,819	$52,115
MONDELEZ INTERNATIONAL	$10,050	$26,524
NESTLE SA REP RG SH ADR	$15,777	$56,148
NIKE INC CL B	$10,293	$66,668
NOVARTIS ADR	$15,562	$30,615
PEPSICO, INC.	$56,371	$191,081
PFIZER INC	$26,835	$59,050
PROCTER & GAMBLE	$32,828	$81,790
QUALCOM INC	$24,540	$91,435
RAYTHEON COMPANY	$19,045	$25,818
SECTOR SPDR FINANCIAL	$89,895	$134,996
UNILEVER NV NY REG SHS
UNION PACIFIC CORP	$26,868	$100,772
V F CORPORATION	$11,960	$21,966
VANGUARD CONSUMER	$37,775	$51,369
VANGUARD INDUSTRIAL ETF	$52,601	$83,822
VANGUARD INFORMATION	$132,241	$273,527
VANGUARD MATERIALS ETF	$38,128	$47,448
VANGUARD SHORT TERM BOND	$13,491	$13,733
YUM BRANDS INC	$10,370	$41,658
CLOROX	$23,948	$30,513
CONSTELLATION BRAND	$33,250	$50,194
DOLLAR GENERAL	$14,344	$47,166
LOCKHEED MARTIN CORP	$48,766	$71,082
MICROSOFT CORP	$40,240	$235,424
TJX COMPANIES INC	$13,186	$26,572
SECTOR SPDR ENERGY	$47,903	$49,895
ABBOTT LABS	$14,240	$42,222
ALPHABET INC.	$87,064	$231,487
CROWN CASTLE INTERNATIONAL CO	$25,989	$52,185
ELI LILLY & CO
GENERAL DYNAMICS CORP
PAYPAL HOLDINGS INCO	$45,594	$103,719
PNC FINANCIAL SERVICES	$26,384	$40,104
T ROWE PRICE GROUP INC	$22,274	$58,992
TAIWAN SEMI CONDUCTOR ADR	$28,979	$84,217
YUM CHINA HOLDINGS	$8,809	$17,444
ADOBE INC	$36,195	$85,059
ALIBABA GROUP HLDG	$40,974	$26,728
AMAZON	$83,102	$166,717
APPLIED MATERIAL INC	$33,481	$78,680
GOLDMAN SACHS GROUP	$23,297	$38,255
MASTERCARD	$67,158	$116,779
TEXAS INSTRUMENTS	$31,511	$56,541
VISA	$62,420	$97,520
WORKDAY INC	$13,086	$27,318
COMM SERVICES SELECT	$82,972	$127,861
ISHARES TR CORE	$416,149	$477,920
BLACKROCK LIQUIDY FUND	$39,104	$39,104
AMGEN
BERKSHIRE HATHAWAY CLB	$45,761	$59,800
KELLOGG CO
MERCADOLIBRE INC	$48,049	$88,994
NVIDIA CORP	$33,809	$235,288
PALO ALTO NETWORKS	$35,895	$83,514
UNITEDHEALTH GROUP INC	$39,307	$75,321
XILINX	$32,316	$63,609
APTIV	$17,350	$32,990
DOMINOS	$38,189	$56,433
ECOLAB	$27,980	$32,843
FACEBOOK	$22,641
LINDE PLC	$41,982	$60,625
NETFLIX INC	$20,725	$30,122
ROCHE HLDG	$24,483	$31,014
S&P GLOBAL	$20,790	$28,316
SANOFI AVENTIS	$24,390	$25,050
SPDR GOLD TRUST	$18,366	$17,096
STARBUCKS	$32,474	$58,485
UNITED PARCEL SVC	$22,056	$53,585
VERIZON	$27,325	$25,980
CHARLES SCHWAB - OTHER	$3,099
FIDELITY MSCI UTILITIES	$5,206	$5,929
FIRST TR ISE CLOUD COMP	$33,232	$52,781
PACER BENCHMARK DATA	$17,413	$18,610
PROSHARES ONLINE RETAIL	$19,868	$15,144
SPDR BLOOMBERG BARCLAYS	$14,830	$14,812
VANGUARD SMALL CAP	$164,183	$210,641
GLOBAL X FUNDS	$19,579	$21,305
ISHARES U.S. REGIONAL	$26,316	$27,668
REAL ESTATE SELECT	$17,701	$18,962
SPDR S&P TRANSPORTATION	$14,456	$14,815
LILY ELI & CO	$19,080	$110,488
META PLATFORMS		$33,635
PARKER-HANNIFIN CORP	$22,892	$23,859
WALT DISNEY CO	$55,895	$46,467

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
DIVIDEND RECEIVABLE	$516	$1,510	$1,510
PREPAID FIT (990T)	$491	$491	$491
ROYALTY INTEREST			$1,056,988

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
CURRENT YEAR TAX - 990PF	$6,470
UNDERPAYMENT PENALTY	$117

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES	$88	$88
INVESTMENT EXPENSE	$77	$77

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	ROYALTIES	Desc
Revenue And Expenses Per Books	$234,886	RevenueAndExpensesPerBooksAmt
Net Investment Income	$234,886	NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (4 entries)

DescDesc	AmtAmt
COST BASIS ADJUSTMENTS	$1,574
NONDIVIDEND DISTRIBUTIONS - CS	$560
NONDIVIDEND DISTRIBUTIONS - ML	$20
PERCENTAGE DEPLETION IN EXCESS OF BASIS	$35,233

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	Investment management fees	CategoryTxt
Amt	$67,986	Amt
Net Investment Income	$67,986	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAX - CS	$997	$997
FOREIGN TAX - ML	$866	$866
PRODUCTION TAX	$10,917	$10,917
PROPERTY TAX	$13,477	$13,477

MARSHAL VERNE ROSS FOUNDATION INC: Form 990PF, tax year 2021

Return header ReturnHeader

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Preparer Firm Name PreparerFirmName

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Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

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Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

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Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

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Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (109 entries)

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (4 entries)

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

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