BULL FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: BULL FOUNDATION (EIN 27-1494865)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-11-15
IRS object ID: 202203199349102465
Schema version: 2021v4.2
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 Bonds Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-15T10:37:57-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	453751241	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ROY M GONZALEZ CPA LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	632 EAST KING AVENUE	AddressLine1Txt
City	KINGSVILLE	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78363	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	271494865	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BULL FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	BULL	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 228	AddressLine1Txt
City	SARITA	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	783850228	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BURT L BULL	PersonNm
Person Title	BURT BULL	PersonTitleTxt
Phone	3615925161	PhoneNum
Signature	2022-03-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	BURT	PersonFirstNm
Person Last	BULL	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ROY M GONZALEZ	PreparerPersonNm
PTIN	P00275838	PTIN
Phone	3615925161	PhoneNum
Preparation	2022-11-15	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	0	TrustedCustomerCd
OOB Security Verification	00	OOBSecurityVerificationCd
Authentication Assurance Level	AAL2	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

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	$9,790	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
Dividends Rev And Expnss	$59,077	DividendsRevAndExpnssAmt
Net Gain Sale Ast Rev And Expnss	-$15,414	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,770,966	GrossSalesPriceAmt
Total Rev And Expnss	$43,663	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$1,350	AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss	$268	TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$1,618	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$0	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$0	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,618	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$0	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$42,045	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$9,790	CashBOYAmt
Cash EOYFMV	$9,790	CashEOYFMVAmt
Corporate Bonds BOY	$2,956,060	CorporateBondsBOYAmt
Corporate Bonds EOY	$3,208,163	CorporateBondsEOYAmt
Total Assets BOY	$2,965,850	TotalAssetsBOYAmt
Total Assets EOY	$3,208,163	TotalAssetsEOYAmt
Total Assets EOYFMV	$9,790	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$2,956,060	CapitalStockBOYAmt
Capital Stock EOY	$3,208,163	CapitalStockEOYAmt
Retained Earning BOY	$9,790	RetainedEarningBOYAmt
Tot Net Ast Or Fund Balances BOY	$2,965,850	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$3,208,163	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$2,965,850	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$3,208,163	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$2,965,850	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$42,045	ExcessRevenueOverExpensesAmt
Subtotal	$3,007,895	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$3,007,895	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Cost Or Other BasisCostOrOtherBasisAmt
CAPITAL GAIN DISTRIBUTION EDWARD JO	P	2021-01-01	2021-12-31	$55,960	$55,960	$55,960
EDWARD JONES SHORT TERM	P	2021-01-01	2021-12-31	$1,593,806	-$67,395	-$67,395	$1,661,201
EDWARD JONES LONG TERM	P	2021-01-01	2021-12-31	$121,200	-$3,979	-$3,979	$125,179

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$15,414	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$11,435	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$0	TaxBasedOnInvestmentIncomeAmt

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
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
Individual With Books	BURT BULL	IndividualWithBooksNm
Phone	3616750229	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 228	AddressLine1Txt
City	SARITA	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78385	ZIPCd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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
BURT BULL
P O BOX 228	SARITA	TX	78385	DIRECTOR	2.00	$0	$0	$0
LINDA BULL
PO BOX 228	SARITA	TX	78385	DIRECTOR	2.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	KLEBERG-KENEDY LIVESTOCK SHOW	Description1Txt
Expenses1	$0	Expenses1Amt
Description2	VARIOUS	Description2Txt
Expenses2	$0	Expenses2Amt
Description3	BROOKS COUNTY FAIR ASSOCIATION	Description3Txt
Expenses3	$0	Expenses3Amt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	Yes (X)	Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$0	ExpensesAndContributionsAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
KLEBERG-KENEDY LIVESTOCK SHOW
PO BOX 648	KINGSVILLE	TX	78363	NONE	EDUCATIONAL CHARITABLE	$106,000
BROOKS COUNTY FAIR ASSOCIATION
1922 HWY EAST 285	FALFURRIAS	TX	78355	NONE	NONPROFIT AIR AMBULANCE	$8,075
RIVIERA SCHOLARSHIP FOUNDATION
203 SEAHAWK DRIVE	RIVIERA	TX	78379	NONE	EDUCATIONAL	$5,000
SOUTH TEXAS CHARITY WEEKEND INC
700 UNIVERSITY BLVD MSC 218	KINGSVILLE	TX	78363	NONE	CHARITIBLE	$10,000
EPIPHANY SCHOOL
120 N THIRD ST	KINGSVILLE	TX	78363	NONE	EDUCATIONAL	$2,500
KLEBERG COUNTY PREGNANCY CENTER
1311 E GENERAL CAVAZOS BLVD	KINGSVILLE	TX	78363	NONE	EDUCATIONAL	$1,210
RANCHING HERITAGE ASSOCIATION
3121 4TH STREET	LUBBOCK	TX	79409	NONE	EDUCATIONAL	$10,000
IMMANUEL MINISTRIES INC
4530 MAIN ST PO BOX 36	JAVA VILLAGE	NY	14083	NONE	RELIGIOUS CHARITABLE	$1,500
ROAD TO EMMAUS
5807 BLACKHORSE CIRCLE	PENSACOLA	FL	32526	NONE	RELIGIOUSCHARITABLE	$3,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$147,285	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

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 FEES	CategoryTxt
Amt	$1,350	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	EDWARD JONES...STOCKS	BondNm
EOY Book Value	$3,208,163	EOYBookValueAmt
EOYFMV	$0	EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FOREIGN TAX PAID	CategoryTxt
Amt	$268	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

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