ED RACHAL FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: ED RACHAL FOUNDATION (EIN 74-1116595)
Tax period: 2020-09-01 to 2021-08-31
Filed: 2022-05-26
IRS object ID: 202221469349100112
Schema version: 2020v4.0
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 ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-05-26T12:33:16-05:00	ReturnTs
Tax Period End	2021-08-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	742588605	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DOVE THOMPSON & COMPANY	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	711 N CARANCAHUA ST STE 820	AddressLine1Txt
City	CORPUS CHRISTI	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78401	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2020-09-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	741116595	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ED RACHAL FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	EDRA	BusinessNameControlTxt
Phone	3618819040	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	555 N CARANCAHUA ST SUITE 700	AddressLine1Txt
City	CORPUS CHRISTI	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78401	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PAUL D ALTHEIDE	PersonNm
Person Title	PRESIDENT/CEO	PersonTitleTxt
Phone	3618819040	PhoneNum
Signature	2022-05-20	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	PAUL D	PersonFirstNm
Person Last	ALTHEIDE	PersonLastNm

Field	Value	IRS element (for citing)
SSN	888008888	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	PATRICIA A BRYANT CPA	PreparerPersonNm
PTIN	P01229486	PTIN
Phone	3618871874	PhoneNum
Preparation	2022-05-17	PreparationDt

Field	Value	IRS element (for citing)
Tax	2020	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	$525,945,722	FMVAssetsEOYAmt
Method Of Accounting Other	Yes (X)	MethodOfAccountingOtherInd

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	$27,825	InterestOnSavRevAndExpnssAmt
Dividends Rev And Expnss	$9,346,994	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$9,346,994	DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss	$11,794,903	GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm	$11,794,903	GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss	$7,360,529	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	$978,272	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$33,163,939	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$978,272	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$33,062,800	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$33,062,800	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$55,210,794	TotalRevAndExpnssAmt
Total Net Invst Incm	$55,182,969	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$1,182,155	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$740,326	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$441,830	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$1,266,470	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$759,014	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$507,456	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$456,297	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$292,160	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$164,136	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$145,623	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$124,002	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$21,621	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$30,076	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$15,038	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$15,038	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$661,720	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$457,529	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$204,192	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$3,221,543	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$2,961,219	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$260,324	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$2,790,210	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$2,790,210	DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss	$325,598	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$129,132	OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl	$196,465	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$79,921	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$67,566	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$12,356	TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$18,583	PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm	$8,630	PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl	$9,953	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$7,053,107	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$5,845,583	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$1,207,523	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$17,231,303	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$14,190,409	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$3,040,894	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$12,897,938	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$12,897,938	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$30,129,241	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$14,190,409	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$15,938,832	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$25,081,553	ExcessRevenueOverExpensesAmt
Net Investment Income	$40,992,560	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1,290,606	CashBOYAmt
Cash EOY	$3,224,784	CashEOYAmt
Cash EOYFMV	$3,224,784	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$32,945,404	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$33,672,679	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$33,672,679	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$9,071,248	AcctRcvblAmt
Acct Rcvbl BOY	$9,718,423	AcctRcvblBOYAmt
Acct Rcvbl EOY	$9,071,248	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$9,071,248	AcctRcvblEOYFMVAmt
Prepaid Expenses BOY	$391,979	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$5,466,942	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$5,466,942	PrepaidExpensesEOYFMVAmt
US Government Obligations BOY	$41,993,834	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$64,627,037	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$64,627,037	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$2,477,507	CorporateStockBOYAmt
Corporate Stock EOY	$2,304,536	CorporateStockEOYAmt
Corporate Stock EOYFMV	$2,304,536	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$2,564,064	CorporateBondsBOYAmt
Corporate Bonds EOY	$1,401,784	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$1,401,784	CorporateBondsEOYFMVAmt
Invst Land Cost Or Other Basis	$191,082,228	InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation	$8,931,286	InvstLandAccumDepreciationAmt
Land Bldg Investments BOY	$163,831,933	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY	$182,150,942	LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV	$182,150,942	LandBldgInvestmentsEOYFMVAmt
Other Investments BOY	$204,907,436	OtherInvestmentsBOYAmt
Other Investments EOY	$174,926,091	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$174,926,091	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$48,977,459	LandBldgEquipCostOrOtherBssAmt
Land BOY	$42,866,555	LandBOYAmt
Land EOY	$48,977,459	LandEOYAmt
Land EOYFMV	$48,977,459	LandEOYFMVAmt
Other Assets BOY	$121,491	OtherAssetsBOYAmt
Other Assets EOY	$122,220	OtherAssetsEOYAmt
Other Assets EOYFMV	$122,220	OtherAssetsEOYFMVAmt
Total Assets BOY	$503,109,232	TotalAssetsBOYAmt
Total Assets EOY	$525,945,722	TotalAssetsEOYAmt
Total Assets EOYFMV	$525,945,722	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$4,742,826	AccountsPayableBOYAmt
Accounts Payable EOY	$6,292,005	AccountsPayableEOYAmt
Deferred Revenue BOY	$292,854	DeferredRevenueBOYAmt
Deferred Revenue EOY	$227,131	DeferredRevenueEOYAmt
Other Liabilities BOY	$2,143,666	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$8,534,739	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$7,179,346	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$15,053,875	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$495,929,886	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$510,891,847	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$495,929,886	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$510,891,847	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$503,109,232	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$525,945,722	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$495,929,886	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$25,081,553	ExcessRevenueOverExpensesAmt
Other Increases	$82,615	OtherIncreasesAmt
Subtotal	$521,094,054	SubtotalAmt
Other Decreases	$10,202,207	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$510,891,847	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	VARIOUS STOCK SALES	PropertyDesc
How Acquired	P	HowAcquiredCd
Acquired	2015-10-27	AcquiredDt
Sold	2021-07-31	SoldDt
Gross Sales Price	$33,163,939	GrossSalesPriceAmt
Cost Or Other Basis	$32,185,667	CostOrOtherBasisAmt
Gain Or Loss	$978,272	GainOrLossAmt
Gains Minus Excess Or Losses	$978,272	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$978,272	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$569,797	InvestmentIncomeExciseTaxAmt
Subtotal	$569,797	SubtotalAmt
Tax Based On Investment Income	$569,797	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$774,071	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$774,071	TotalPaymentsAndCreditsAmt
Overpayment	$204,274	OverpaymentAmt
Applied To ES Tax	$204,274	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	Yes (true)	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	WWW.EDRACHAL.ORG	WebsiteAddressTxt
Individual With Books	PAUL D ALTHEIDE	IndividualWithBooksNm
Phone	3618819040	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	555 N CARANCAHUA ST SUITE 700	AddressLine1Txt
City	CORPUS CHRISTI	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78401	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
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	Yes (true)	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
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 (9 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
DAVID L HOYER
555 N CARANCAHUA ST SUITE 700	CORPUS CHRISTI	TX	78401	BOARD CHAIRM	5.00	$64,000	$0	$0
KEN W TRAWICK
555 N CARANCAHUA ST SUITE 700	CORPUS CHRISTI	TX	78401	VICE BOARD C	5.00	$64,803	$0	$0
JOHN J JOHNSON
555 N CARANCAHUA ST SUITE 700	CORPUS CHRISTI	TX	78401	SEC /TREASUR	5.00	$64,000	$0	$0
KEN L KELLAR
555 N CARANCAHUA ST SUITE 700	CORPUS CHRISTI	TX	78401	DIRECTOR	5.00	$0	$0	$0
JOSHUA T GAINES
555 N CARANCAHUA STSTE 700	CORPUS CHRISTI	TX	78401	ADVISORY DIR	5.00	$5,600	$0	$0
DAVID J MORALES
555 N CARANCAHUA ST STE 700	CORPUS CHRISTI	TX	78401	ADVISORY DIR	5.00	$5,600	$0	$0
PAUL D ALTHEIDE
555 N CARANCAHUA ST SUITE 700	CORPUS CHRISTI	TX	78401	PRESIDENT/CE	50.00	$440,000	$14,848	$0
MYRA K MORRIS
555 N CARANCAHUA ST SUITE 700	CORPUS CHRISTI	TX	78401	CHIEF LEGAL	40.00	$307,673	$21,389	$0
JOHN P JORDAN
555 N CARANCAHUA ST STE 700	CORPUS CHRISTI	TX	78401	VICE PRESIDE	40.00	$230,479	$6,735	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt
MICHAEL HILL
555 N CARANCAHUA ST STE 700	CORPUS CHRISTI	TX	78418	COMPTROLLER	40.00	$171,808	$31,431
TAYLOR HUNT
555 N CARANCAHUA ST SUITE 700	CORPUS CHRISTI	TX	78401	SR. PROJECT	40.00	$134,808	$31,356
BETTIE BILLINGS
555 N CARANCAHUA ST SUITE 700	CORPUS CHRISTI	TX	78401	ASST. COMPTR	40.00	$108,366	$31,118
DAVID ROBERTS
555 N CARANCAHUA ST STE700	CORPUS CHRISTI	TX	78401	SR. ARCHITEC	40.00	$114,668	$10,534
JOHN CREEDON
555 N CARANCAHUA ST STE 700	CORPUS CHRISTI	TX	78401	COST ANALYST	40.00	$119,423	$683

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	6	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
EDR ARCHITECTURE
500 N SHOREINE STE 1002	CORPUS CHRISTI	TX	78471	ARCHITECT	$343,990
TRAMONTE DESIGN INTERIOR GROUP
4203 YOAKUM BLVD STE 300	HOUSTON	TX	77006	CONSULTANT	$140,505
EDI ARCHITECTS
PO BOX 331300	CORPUS CHRISTI	TX	78463	ARCHITECT	$136,297
JOHN WALLACE
12 CAMDEN PLACE	CORPUS CHRISTI	TX	78412	CONSULTANT	$120,000
ENCOMPASS LITIGATION SERVICES
155 N SHORELINE	CORPUS CHRISTI	TX	78401	CONSULTANT	$110,000

Field	Value	IRS element (for citing)
Contractor Paid Over50k	6	ContractorPaidOver50kCnt

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	$55,386,691	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$35,009,534	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$266,289,728	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$356,685,953	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$356,685,953	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$5,350,289	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$351,335,664	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$17,566,783	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$17,566,783	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$569,797	TaxBasedOnInvestmentIncomeAmt
Total Tax	$569,797	TotalTaxAmt
Distributable Before Adj	$16,996,986	DistributableBeforeAdjAmt
Distributable Before Ded	$16,996,986	DistributableBeforeDedAmt
Distributable As Adjusted	$16,996,986	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$15,938,832	ExpensesAndContributionsAmt
Qualifying Distributions	$15,938,832	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$15,938,832	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$16,996,986	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$6,335,972	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$3,967,490	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$3,795,552	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$1,807,835	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$3,568,324	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$19,475,173	TotalExcessDistributionCyovAmt
Qualifying Distributions	$15,938,832	QualifyingDistributionsAmt
Applied To Current Year	$15,938,832	AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus	$1,058,154	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$1,058,154	ExcessDistributionCyovAppCYAmt
Total Corpus	$18,417,019	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$5,277,818	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$13,139,201	ExcessDistriCyovToNextYrAmt
Excess From Year4	$3,967,490	ExcessFromYear4Amt
Excess From Year3	$3,795,552	ExcessFromYear3Amt
Excess From Year2	$1,807,835	ExcessFromYear2Amt
Excess From Year1	$3,568,324	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	PAUL D ALTHEIDE	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	555 N CARANCAHUA SUITE 700	AddressLine1Txt
City	CORPUS CHRISTI	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78401	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	3618819040	RecipientPhoneNum
Form And Info And Materials	SEE FOUNDATION'S WEBSITE, WWW.EDRACHAL.ORG, FOR GUIDELINES AND APPLICATION.	FormAndInfoAndMaterialsTxt
Submission Deadlines	NO SUBMISSION DEADLINES.	SubmissionDeadlinesTxt
Restrictions On Awards	LIMITED GEOGRAPHICALLY TO THE STATE OF TEXAS.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ERF-SEE SCHEDULE ATTACHED	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	555 N CARANCAHUA	AddressLine1Txt
Address Line2	700	AddressLine2Txt
City	CORPUS CHRISTI	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78401	ZIPCd

Field	Value	IRS element (for citing)
Recipient Relationship	NONE	RecipientRelationshipTxt
Grant Or Contribution Purpose	NFP PROGRAMS	GrantOrContributionPurposeTxt
Amt	$12,897,938	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$12,897,938	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$27,825	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$9,346,994	ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

Field	Value	IRS element (for citing)
Exclusion	16	ExclusionCd
Exclusion	$7,360,529	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	15	ExclusionCd
Exclusion	$32,051,971	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$978,272	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt
MISCELLANEOUS INCOME	1	$261,061
EASEMENTS & ROW	1	$749,768

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$50,776,420	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$50,776,420	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	Yes (true)	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	Yes (true)	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	Yes (true)	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd

Transfer Schedule Detail TransferScheduleDetail (8 entries)

Line NumberLineNumberTxt	InvolvedInvolvedAmt	Transfers Trans And Shr ArrngmTransfersTransAndShrArrngmDesc
ERF REAL ESTATE INC
1a(1)	$900,000	CASH TRANSFERS FOR REAL PROPERTY IMPROVEMENTS
ERF WEST SIDE INC
1a(1)	$100,000	CASH TRANSFERS FOR REAL PROPERTY IMPROVEMENTS
ERF REAL ESTATE INC
1a(2)	$23,750,905	CAPITAL CONTRIBUTIONS MADE FOR REAL PROPERTY IMPROVEMENTS
ERF PORT ARANAS INC
1a(2)	$400,856	CAPITAL CONTRIBUTIONS MADE FOR REAL PROPERTY IMPROVEMENTS
ERF TOWER II INC
1a(2)	$2,202,819	CAPITAL CONTRIBUTIONS MADE FOR REAL PROPERTY IMPROVEMENTS
802 NC INC
1a(2)	$7,868,071	CAPITAL CONTRIBUTIONS MADE FOR REAL PROPERTY IMPROVEMENTS
ERF WEST SIDE INC
1a(2)	$1,100,458	CAPITAL CONTRIBUTIONS MADE FOR REAL PROPERTY IMPROVEMENTS
ERF TOWER II INC
1b(3)	$119,546	LEASE OFFICE SPACE FROM 501(C)(2) TITLE HOLDING COMPANY

Field	Value	IRS element (for citing)
Relationships Nonchrtbl EO	Yes (true)	RelationshipsNonchrtblEOInd

Relationship Schedule Detail RelationshipScheduleDetail (6 entries)

Business Name Line2OrganizationBusinessName/BusinessNameLine2Txt	Organization TypeOrganizationTypeDesc	Relationship DescriptionRelationshipDescriptionTxt
ERF REAL ESTATE INC
EIN 20-2661759	501(C)(2)	SEE GENERAL FOOTNOTE
ERF PORT ARANSAS INC
EIN 46-4468454	501(C)(2)	SEE GENERAL FOOTNOTE
ERF TOWER II INC
EIN 47-4191656	501(C)(2)	SEE GENERAL FOOTNOTE
802 NC INC
EIN 83-0802751	501(C)(2)	SEE GENERAL FOOTNOTE
ERF LAMAR INC
EIN 85-1494970	501(C)(2)	SEE GENERAL FOOTNOTE
ERF WEST SIDE INC
EIN 85-1914948	501(C)(2)	SEE GENERAL FOOTNOTE

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$30,076	Amt
Net Investment Income	$15,038	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$15,038	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (2 entries)

PropertyPropertyDesc	Prior Year DepreciationPriorYearDepreciationAmt	Computation MethodComputationMethodTxt	Current Year ExpenseCurrentYearExpenseAmt	Net Investment IncomeNetInvestmentIncomeAmt
DEPRECIATION	$4,205,889	STRAIGHT LINE	$2,275,848	$2,275,848
AMORTIZATION	$144,342	AMORTIZATION	$514,362	$514,362

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	CORPORATE BONDS - SEE STATEMENT 26	BondNm
EOY Book Value	$1,401,784	EOYBookValueAmt
EOYFMV	$1,401,784	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
CORPORATE STOCK	$2,132,379	$2,132,379
TRULITE	$122,560	$122,560
SMART FURNITURE HOLDING LLC	$49,597	$49,597

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$64,627,037	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$64,627,037	USGovtObligationsEOYFMVAmt

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (10 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt	Accumulated DepreciationAccumulatedDepreciationAmt
LAND	$74,734,181	$74,734,181	$65,802,895
LAND IMPROVEMENTS	$3,598,472	$2,742,396	$3,598,472	$856,076
BLDGS & LEASEHOLD IMPROVEMENTS	$63,581,365	$57,053,861	$63,581,365	$6,527,504
FURNITURE & EQUIPMENT	$446,993	$196,167	$446,993	$250,826
EQUIPMENT & TOOLS	$493,525	$364,939	$493,525	$128,586
SOFTWARE	$23,381	$7,929	$23,381	$15,452
LEASEHOLD COSTS	$455,000	$386,340	$455,000	$68,660
MOBILE HOME COMPLEX	$117,632	$96,079	$117,632	$21,553
LEASE ACQUISITION COSTS	$2,257,319	$1,194,690	$2,257,319	$1,062,629
MINERAL INTERESTS	$45,374,360	$45,374,360	$45,374,360

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
CITY OF CORPUS CHRISTI BONDS	FMV	$1,695,000	$1,695,000
LOAN COMMITMENTS	FMV	$8,396,400	$8,396,400
NOTES RECEIVABLE	FMV	$164,834,691	$164,834,691

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (8 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
BLDGS & LEASEHOLD IMPROVEMENTS	$14,348,463	$14,348,463	$14,348,463
LAND IMPROVEMENTS	$481,169	$481,169	$481,169
MOBILE HOMES	$259,409	$259,409	$259,409
PILATUS	$12,094,439	$12,094,439	$12,094,439
FURNITURE AND OFFICE EQ	$3,190	$3,190	$3,190
EQ AND TOOLS	$292,986	$292,986	$292,986
MINERALS
LAND	$21,497,803	$21,497,803	$21,497,803

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp (2 entries)

CategoryCategoryTxt	Legal FeesLegalFeesAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt	Net Investment IncomeNetInvestmentIncomeAmt
EXEMPT PURPOSE	$21,621	$21,621
NON - EXEMPT	$124,002		$124,002

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	HELD FOR OTHERS	Desc
BOY Book Value	$121,491	BOYBookValueAmt
EOY Book Value	$122,220	EOYBookValueAmt
EOYFMV	$122,220	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
UNREALIZED LOSS ON MINERAL INTERESTS	$8,546,784
UNREALIZED LOSS ON ASSETS	$1,655,423

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (20 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
RENT INCOME
802NC RENTAL EXPENSES	$2,403,069	$2,403,069
TOWER II RENTAL EXPENSES	$2,031,305	$2,031,305
FARM RENTAL INCOME
INSURANCE
EXPENSES
BOARD TRAVEL AND EXPENSE	$4,429	$2,953	$1,476
CONTRACT LABOR	$482,647	$418,361	$64,286
EXEMPT PURPOSE EXPENSES	$819,401		$819,401
FUEL & OIL	$2,862	$2,306	$556
INSURANCE	$894,079	$757,976	$136,103
MACHINE HIRE	-$73	-$73
OFFICE EXPENSE	$103,874	$50,917	$52,957
OFFICE EXPENSE	$70	$70
PILATUS AIRPLANE EXPENSE	$24,411	$17,913	$6,498
REPAIRS & MAINTENANCE	$296,267	$191,035	$105,231
SEMINARS, DUES & FEES	$29,782	$12,782	$17,000
SUPPLIES	$63,586	$61,298	$2,289
POSTAGE	$3,405	$1,678	$1,726
OTHER EMPLOYEE EXPENSE	-$106,007	-$106,007

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
ROYALTIES - GALVAN RANCH	$31,521,331	$31,521,331
ROYALTIES - EL DESCONSO	$480,758	$480,758
ROYALTIES-OTHER	$49,882	$49,882
MISCELLANEOUS INCOME	$261,061	$261,061
EASEMENTS & ROW	$749,768	$749,768

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAIN ON INVESTMENTS	Desc
Amt	$82,615	Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
ESCROW ACCT	$1,654	$2,894
TENANT DEPOSITS	$149,161	$135,445
UNFUNDED LOAN COMMITMENTS	$1,992,851	$8,396,400

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CONSULTING	$431,688	$431,688
CONSULTING - EXEMPT PURPOSE	$203,728		$203,728
INVESTMENT CHARGES & FEES	$25,841	$25,841
INVESTMENT CHARGES & FEES- EXEMP	$463		$464

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PENALTY	$1,106	$1,106
EXCISE TAXES
PROPERTY TAXES	$3,220,437	$2,960,113	$260,324

Transfers To Controlled Entities TransfersToControlledEntities

Transfers To Controlled Ent TransfersToControlledEntGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ERF REAL ESTATE INC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	555 N CARANCAHUA	AddressLine1Txt
Address Line2	STE 700	AddressLine2Txt
City	CORPUS CHRISTI	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	784010899	ZIPCd

Field	Value	IRS element (for citing)
EIN	202661759	EIN
Desc	501(C)(2) - REMIT NET INCOME	Desc
Amt	$1,118,009	Amt

Field	Value	IRS element (for citing)
Total	$42,482,557	TotalAmt