MARY K AND CLIFFORD GRUM FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MARY K AND CLIFFORD GRUM FOUNDATION (EIN 75-6454067)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2022-11-02
- IRS object ID
- 202233069349101503
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-02T15:46:14-04:00 | ReturnTs |
| Tax Period End | 2022-06-30 | 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 | 2021-07-01 | 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 | 2022-10-27 | 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 |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT G LINDSEY PC CPA | PreparerPersonNm |
| PTIN | P00045820 | PTIN |
| Phone | 9366346621 | PhoneNum |
| Preparation | 2022-10-27 | PreparationDt |
| 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 | $51,029,228 | 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 | $1,700,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $549 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $549 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,137,145 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,125,587 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,449,679 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,936,154 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,449,679 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $6,287,373 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,575,815 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $6,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $132,327 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $74,164 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $58,163 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $62,511 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $53,659 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,464 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $254,497 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $78,628 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $61,163 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,046,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,046,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,300,497 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $78,628 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,107,163 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,986,876 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,497,187 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,537,250 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,641,433 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,641,433 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $6,200,171 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $11,002,026 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $10,248,097 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $28,420,225 | CorporateStockBOYAmt |
| Corporate Stock EOY | $32,274,151 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $33,970,634 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $8,161,390 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,393,056 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,157,148 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,890 | OtherAssetsBOYAmt |
| Other Assets EOY | $11,916 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $11,916 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $45,321,926 | TotalAssetsBOYAmt |
| Total Assets EOY | $48,322,582 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $51,029,228 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $50,817 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $64,597 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $50,817 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $64,597 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $41,137,290 | CapitalStockBOYAmt |
| Capital Stock EOY | $41,137,290 | CapitalStockEOYAmt |
| Retained Earning BOY | $4,133,819 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,120,695 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $45,271,109 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $48,257,985 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $45,321,926 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $48,322,582 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $45,271,109 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,986,876 | ExcessRevenueOverExpensesAmt |
| Subtotal | $48,257,985 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $48,257,985 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (57 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 | $802,570 | $802,570 | $802,570 | |
| 2000 SOUTHSIDE BANCSHARES | P | 2021-12-29 | $82,780 | $48,330 | $48,330 | $34,450 |
| 2000 SOUTHSIDE BANCSHARES | P | 2022-02-28 | $79,810 | $45,360 | $45,360 | $34,450 |
| 17201.834 VANGUARD INTER TERM | P | 2022-05-04 | $150,000 | -$22,018 | -$22,018 | $172,018 |
| 248000 CAPITAL ONE | P | 2021-08-02 | $248,000 | $248,000 | ||
| 2000 SOUTHSIDE BANCSHARES | P | 2022-01-06 | $87,070 | $52,620 | $52,620 | $34,450 |
| 42362.222 JACOB MICRO | P | 2022-03-02 | $1,418,287 | $965,011 | $965,011 | $453,276 |
| 5224.66 VANGUARD M/B SEC | P | 2022-05-04 | $100,000 | -$8,568 | -$8,568 | $108,568 |
| 35604.083 JACOB MICRO | P | 2021-09-30 | $1,500,000 | $1,119,036 | $1,119,036 | $380,964 |
| 500 RAND CAP CORP | P | 2022-01-11 | $8,232 | -$6,077 | -$6,077 | $14,309 |
| 500 RAND CAP CORP | P | 2022-03-02 | $7,239 | -$7,070 | -$7,070 | $14,309 |
| 42432.815 FIDELITY CONTRAFUND | P | 2022-05-11 | $600,000 | -$31,491 | -$31,491 | $631,491 |
| 2000 SOUTHSIDE BANCSHARES | P | 2021-10-12 | $78,381 | $43,930 | $43,930 | $34,451 |
| 500 RAND CAP CORP | P | 2022-01-20 | $8,260 | -$6,049 | -$6,049 | $14,309 |
| 2000 SOUTHSIDE BANCSHARES | P | 2022-03-03 | $80,146 | $45,696 | $45,696 | $34,450 |
| 14090.461 VANGUARD SMALL CAP | P | 2022-05-11 | $1,000,000 | -$86,353 | -$86,353 | $1,086,353 |
| 2000 SOUTHSIDE BANCSHARES | P | 2021-10-26 | $77,940 | $43,489 | $43,489 | $34,451 |
| 2000 SOUTHSIDE BANCSHARES | P | 2022-01-20 | $88,056 | $53,606 | $53,606 | $34,450 |
| 284000 AXOS BANK CD | P | 2022-03-28 | $284,000 | $284,000 | ||
| 9365.768 VANGUARD EXTENDED MARKET | P | 2022-05-11 | $1,000,000 | -$83,836 | -$83,836 | $1,083,836 |
| 2000 SOUTHSIDE BANCSHARES | P | 2021-10-28 | $82,390 | $47,939 | $47,939 | $34,451 |
| 500 RAND CAP CORP | P | 2022-01-27 | $7,235 | -$7,074 | -$7,074 | $14,309 |
| 248000 CENTERSTATE BANK CD | P | 2022-03-30 | $248,000 | $248,000 | ||
| 500 RAND CAP CORP | P | 2022-05-12 | $6,985 | -$7,324 | -$7,324 | $14,309 |
| 2000 SOUTHSIDE BANCSHARES | P | 2021-11-02 | $88,840 | $54,389 | $54,389 | $34,451 |
| 4000 SOUTHSIDE BANCSHARES | P | 2022-01-27 | $172,719 | $103,818 | $103,818 | $68,901 |
| 500 RAND CAP CORP | P | 2022-04-27 | $7,654 | -$6,655 | -$6,655 | $14,309 |
| 4000 SOUTHSIDE BANCSHARES | P | 2022-05-12 | $156,054 | $87,153 | $87,153 | $68,901 |
| 2000 SOUTHSIDE BANCSHARES | P | 2021-11-03 | $83,894 | $49,443 | $49,443 | $34,451 |
| 81138.85 DODGE & COX | P | 2022-01-28 | $1,118,093 | -$31,907 | -$31,907 | $1,150,000 |
| 4000 SOUTHSIDE BANCSHARES | P | 2022-04-27 | $155,312 | $86,411 | $86,411 | $68,901 |
| 18985.659 FIDELITY ADV FOCUSED | P | 2022-05-12 | $502,361 | -$163,490 | -$163,490 | $665,851 |
| 2000 SOUTHSIDE BANCHSARES | P | 2021-11-18 | $87,992 | $53,541 | $53,541 | $34,451 |
| 28112.644 VANGUARD MUN BD | P | 2022-01-28 | $307,271 | -$23,128 | -$23,128 | $330,399 |
| 400000 USAA SHORT TERM BD | P | 2022-05-02 | $380,236 | -$19,764 | -$19,764 | $400,000 |
| 6930.596 FIDELITY CONTRAFUND | P | 2022-05-12 | $96,127 | $10,118 | $10,118 | $86,009 |
| 2000 SOUTHSIDE BANCSHARES | P | 2021-11-24 | $88,699 | $54,248 | $54,248 | $34,451 |
| 34021.072 VANGUARD MUN BD | P | 2022-01-28 | $328,644 | -$12,557 | -$12,557 | $341,201 |
| 18264.105 USAA TAX FREE | P | 2022-05-02 | $231,041 | -$19,360 | -$19,360 | $250,401 |
| 3835.92 VANGUARD SMALL CAP | P | 2022-05-12 | $263,950 | $24,753 | $24,753 | $239,197 |
| 2000 SOUTHSIDE BANCSHARES | P | 2021-12-06 | $83,899 | $49,449 | $49,449 | $34,450 |
| 34435.118 VANGUARD SHORT TERM | P | 2022-01-28 | $336,356 | -$556 | -$556 | $336,912 |
| 23313.319 VANGUARD SHORT TERM FED FD | P | 2022-05-02 | $241,526 | -$8,160 | -$8,160 | $249,686 |
| 2062.072 VANGUARD EXTENDED MKT | P | 2022-05-12 | $208,414 | $29,200 | $29,200 | $179,214 |
| 2000 SOUTHSIDE BANCSHARES | P | 2021-12-09 | $85,050 | $50,600 | $50,600 | $34,450 |
| 24857.766 USAA TAX FREE | P | 2022-01-28 | $337,320 | -$3,480 | -$3,480 | $340,800 |
| 2288.329 VANGUARD SHORT TERM CORP | P | 2022-05-02 | $47,826 | -$2,174 | -$2,174 | $50,000 |
| 34722.222 BRANDYWINE GLOBAL HIGH YLD | P | 2022-06-17 | $343,994 | -$56,006 | -$56,006 | $400,000 |
| 245000 LAKELAND BANK CD | P | 2021-12-10 | $245,000 | $245,000 | ||
| 31311.9 VANGUARD SHORT TERM | P | 2022-01-31 | $332,532 | -$3,141 | -$3,141 | $335,673 |
| 23437.384 VANGUARD SHORT TERM ADM | P | 2022-05-02 | $238,358 | -$12,656 | -$12,656 | $251,014 |
| 2000 SOUTHSIDE BANCSHARES | P | 2021-12-16 | $82,966 | $48,516 | $48,516 | $34,450 |
| 4000 SOUTHSIDE BANCSHARES | P | 2022-02-17 | $171,919 | $103,018 | $103,018 | $68,901 |
| 6944.445 VANGUARD SHORT TERM | P | 2022-05-04 | $70,000 | -$2,778 | -$2,778 | $72,778 |
| 20378.107 VANGUARD MUN BD | P | 2021-12-28 | $832,038 | $48,988 | $48,988 | $783,050 |
| 1000 RAND CAP CORP | P | 2022-02-28 | $14,688 | -$13,931 | -$13,931 | $28,619 |
| 15000 VANGUARD BD INDEX | P | 2022-05-04 | $150,000 | -$25,950 | -$25,950 | $175,950 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,449,679 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$49,229 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $62,511 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $62,511 | SubtotalAmt |
| Tax Based On Investment Income | $62,511 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $2,086 | EsPenaltyAmt |
| Tax Due | $64,597 | TaxDueAmt |
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 | $55,082,946 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,662,685 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,659 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $57,749,290 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $57,749,290 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $866,239 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $56,883,051 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,844,153 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,844,153 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $62,511 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $62,511 | TotalTaxAmt |
| Distributable Before Adj | $2,781,642 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,781,642 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,781,642 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,107,163 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,107,163 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,781,642 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $527,052 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,124,305 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $1,651,357 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,107,163 | QualifyingDistributionsAmt |
| Applied To Current Year | $2,781,642 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $325,521 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,976,878 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,976,878 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $527,052 | ExcessFromYear4Amt |
| Excess From Year3 | $1,124,305 | ExcessFromYear3Amt |
| Excess From Current Year | $325,521 | 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 (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AUSTIN COLLEGE | ||||||||
| 900 N GRAND AVE | SHERMAN | TX | 75090 | NONE | PC | GENERAL OPERATIONS | $100,000 | |
| 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 | 75901 | NONE | PC | GENERAL OPERATIONS | $381,000 | |
| WINNIE BERRY HUMANE SOCIETY | ||||||||
| 1102 N JOHN REDDITT DR | LUFKIN | TX | 75904 | NONE | PC | GENERAL OPERATIONS | $5,000 | |
| MEDICAL BENEVOLENCE FOUNDATION | ||||||||
| 9555 W SAM HOUSTON PKWY S | HOUSTON | TX | 77099 | NONE | PC | GENERAL OPERATIONS | $935,000 | STE 170 |
| NEIGHBORHOOD STRONG | ||||||||
| 211 E SHEPHERD AVE | LUFKIN | TX | 759013055 | NONE | PC | GENERAL OPERATIONS | $50,000 | SUITE 110 |
| PAN-AFRICAN ACADEMY OF CHRISTIAN SU | ||||||||
| 440 W COLFAX 1458 | PALATINE | IL | 60067 | NONE | PC | GENERAL OPERATIONS | $200,000 | |
| SAINT LUKE'S FOUNDATION | ||||||||
| 6720 BERTNER | HOUSTON | TX | 77030 | NONE | PC | GENERAL OPERATIONS | $1,000,000 | MC 3-206 |
| THOROUGHBRED RETIREMENT FOUNDATION | ||||||||
| 10 LAKE AVE | SARATOGA SPRINGS | NY | 12866 | NONE | PC | GENERAL OPERATIONS | $25,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,046,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $549 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,137,145 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,449,679 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $4,587,373 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,587,373 | 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 | $1,700,000 | 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 | $6,000 | Amt |
| Net Investment Income | $3,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,000 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (18 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 64264.594 DELAWARE IVY MID CAP | $2,658,562 | $1,825,757 |
| 26751.078 FEDERATED HERMES KAUFMANN | $1,678,562 | $1,080,209 |
| 46137.438 FIDELITY ADV FOCUSED EMRG | $1,761,992 | $1,247,095 |
| 0 FIDELITY CONTRAFUND | ||
| 58154.973 FIDELITY GROWTH COMPANY | $1,547,500 | $1,416,074 |
| 67496 FIRST FINL BANKSHARES | $1,506,426 | $2,650,568 |
| 466845 ILUMNO HOLDINGS | $2,731,043 | $774,963 |
| 0 JACOB MICRO CAP | ||
| 43801 RAND CAP CORP | $1,167,596 | $639,495 |
| 270255 SOUTHSIDE BANCSHARES INC | $4,482,258 | $10,112,942 |
| 20849.964 VAN SMALL CAP | $2,405,550 | $1,986,586 |
| 0 VANG WORLD FD INTL | ||
| 16737.916 VANGUARD 500 INDEX | $5,495,550 | $5,847,726 |
| 169027.177 VANGUARD DEVELOPED MARKET | $2,658,562 | $2,210,875 |
| 0 VANGUARD EMERGING MKT | ||
| 0 VANGUARD EXTENDED MKT | ||
| 11343.013 VANGUARD SMALL CAP ADM | $1,000,000 | $957,350 |
| 38199.649 VG EQUITY INCOME | $3,180,550 | $3,220,994 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $6,184,301 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $5,921,232 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $4,817,725 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $4,326,865 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (25 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 150000 AMERICAN EXPRESS BANK | AT COST | $150,000 | $148,902 |
| 0 AXOS BANK 1.55% | AT COST | ||
| 249000 BANKUNITED .55% | AT COST | $249,000 | $225,537 |
| 0 CAPITAL ONE BANK CD 2.10% | AT COST | ||
| 0 CENTERSTATE BANK 2.10% | AT COST | ||
| 34722.222 BRANDYWINE HIGH YIELD I | AT COST | $400,000 | $324,653 |
| 0 DODGE & COX INCOME FD | AT COST | ||
| 50000 GOLDMACH SACHS .4 | AT COST | $50,000 | $48,623 |
| 245000 EVERGREEN BANK GROUP | AT COST | $245,000 | $242,927 |
| 249000 FIRST NATIONAL BK CD .6% | AT COST | $249,000 | $219,899 |
| 200000 GOLDMAN .65 10/07/24 | AT COST | $200,000 | $188,360 |
| 250000 LIVE OAK .55 10/01/24 | AT COST | $250,000 | $234,960 |
| 250000 TOLLESON BK .3% | AT COST | $250,000 | $230,555 |
| 0 LAKELAND BANK 0.200% | AT COST | ||
| 0 USAA SHORT TERM BOND INSTI | AT COST | ||
| 0 USAA TAX FREE INTERMEDIATE | AT COST | ||
| 0 VANG S/T FED FD 49 ADM | AT COST | ||
| 0 VANG SHORT TERM ADM | AT COST | ||
| 8013.154 VANGUARD INTER TERM INV | AT COST | $93,651 | $79,410 |
| 67001.675 VANGUARD HIGH YIELD CORPOR | AT COST | $400,000 | $341,039 |
| 8678.084 VANGUARD BD INDEX FD INC | AT COST | $86,781 | $74,371 |
| 2580.866 VANGUARD LT GVT BD | AT COST | $75,000 | $60,702 |
| 3196.898 VANGUARD M/B SEC INDX | AT COST | $66,432 | $60,997 |
| 4983.037 VANGUARD ST CORP BOND | AT COST | $52,222 | $50,129 |
| 2.971209% ACCESS VENTURES PRTNRS III | AT COST | $575,970 | $2,626,084 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST | Desc |
| BOY Book Value | $2,890 | BOYBookValueAmt |
| EOY Book Value | $11,916 | EOYBookValueAmt |
| EOYFMV | $11,916 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| BOND AMORTIZATION | $49,236 | |
| EXPENSES ALLOC TO T/E INCOME | -$199 | |
| PENALTIES | $2,760 | |
| OTHER DEDUCTIONS - K1 | $1,663 | $1,663 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $50,817 | BOYBookValueAmt |
| EOY Book Value | $64,597 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SOUTHSIDE BANK-FIDUCIARY FEES | $116,327 | $58,164 | $58,163 |
| MANAGEMENT FEE-K-1 | $16,000 | $16,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $62,511 | Amt |
Comments