2022-11-15T10:54:21-06:00 2021-12-31 366055558 GRANT THORNTON LLP 100 E WISCONSIN AVE MILWAUKEE WI 53202 990PF 2021-01-01 730606209 NOBLE RESEARCH INSTITUTE LLC NOBL 5802246227 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 A JILL WALLACE VP & CFO 5802246227 2022-11-14 1 A JILL WALLACE 999009999 MICHELLE L WEBER P00556798 4142898200 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X X 149630598 X 41733337 13455 13455 13455 238751 1470616 1470616 2134193 23416324 796472 0 337000 3713605 248143 3722081 47833341 2528686 5543152 945469 3443 0 942026 20711912 657 0 20369861 6326212 648 0 7944440 268434 0 0 362976 153626 15363 0 138263 900586 119118 81473 780505 44000 0 0 44000 2075 0 0 2075 8775634 0 0 1174876 0 0 1153040 351735 0 0 394274 69115 0 0 69315 13322538 164194 4295960 9436463 53046212 303423 4377433 41637238 0 0 53046212 303423 4377433 41637238 -5212871 2225263 1165719 3316547 7360862 7360862 402028 661305 402028 402028 1200000 1200000 1200000 980972 97162 97162 63354 24545 24545 1636323 1934878 1934878 59686633 58040916 58040916 182803780 102233573 87464955 80570207 80570207 153810089 149630598 149630598 3936148 6766549 880000 770000 4600023 3514858 9416171 11051407 X 144393918 136081469 2497722 144393918 138579191 153810089 149630598 144393918 -5212871 0 139181047 601856 138579191 PARTNERSHIP K-1 ST GAIN/(LOSS) P 2021-01-01 2021-12-31 -55270 -55270 PARTNERSHIP K-1 LT GAIN/(LOSS) P 2020-01-01 2021-12-31 25562 25562 CAPITAL GAIN DISTRIBUTIONS P 2020-01-01 2021-12-31 1484008 1484008 LOSS ON FIXED ASSET DISPOSAL P 2020-01-01 2021-12-31 337000 994828 -657828 -657828 796472 -55270 30931 0 30931 0 30931 0 0 0 0 0 733 31664 0 0 0 0 0 0 0 0 0 0 1 1 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI 1 1 0 0 0 1 WWW.NOBLE.ORG A JILL WALLACE 5802246227 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 STEVEN P RHINES 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 PRESIDENT 40.00 505090 43965 27700 A JILL WALLACE 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 VP & CHIEF FINANCIAL OFFICER 40.00 323815 32072 21164 ELIZABETH ALDRIDGE 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 SECRETARY 40.00 116564 22081 1299 MICHAEL UDVARDI 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 PROFESSOR/CHIEF SCIE 40.00 471329 20873 2708 JEFFREY MOEN 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 GENERAL COUNSEL & DI 40.00 273356 30559 5328 GAYLE DONICA 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 DIR. OF HUMAN RESOUR 40.00 245759 28203 2080 CHARLIE CANNY 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 DIR. OF FACILITIES 40.00 223922 29718 18939 MELANIE DAVIS 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 DIR. OF INFORMATION 40.00 235365 28001 1415 178 BOCKUS PAYNE & ASSOCIATES 1001 NW 63RD ST SUITE 300 OKLAHOMA CITY OK 73116 CONSULTANT 370051 DENTONS US LLP 233 S WACKER DRIVE SUITE 5900 CHICAGO IL 60606 CONSULTANT 327017 FRANKFURT-SHORT-BRUZA ASSN PC 5801 BROADWAY EXT STE 500 OKLAHOMA CITY OK 73118 CONSULTANT 238395 UNDERSTANDING AG LLC 1908 SPRING DRIVE NW FORT PAYNE AL 35968 CONSULTANT 200639 SAFETY & SECURITY SERVICES INC 416 NW 8TH STREET OKLAHOMA CITY OK 73102 CONSULTANT 194926 14 RESEARCH - SEE STATEMENT 16 29020926 CONSULTATION AND EDUCATION - SEE STATEMENT 16 8062441 OPERATIONAL SUPPORT - ADDITIONAL INFORMATION ABOUT EXPENSES AS A PERCENTAGE OF FUNDS SPENT FOR CHARITABLE PURPOSES 13.92% ARE EXPLAINED IN STATEMENT 16 6103078 FUNDRAISING - ADDITIONAL INFORMATION ABOUT EXPENSES AS A PERCENTAGE OF FUNDS SPENT FOR CHARITABLE PURPOSES 1.51% ARE EXPLAINED IN STATEMENT 16 662360 0 59935450 4609641 402028 64947119 0 0 64947119 974207 63972912 3198646 X 41637238 0 2211567 43848805 X 1165719 2603855 3770437 1196070 8736081 990861 2213277 3204871 1016660 7425669 43848805 41759973 60742365 51044168 197395311 39200000 37625000 28205832 51044168 156075000 4648805 4134973 32536533 0 41320311 0 0 2132431 1735903 2513625 797380 7179339 0 0 0 0 X 0 0 OTHER PROGRAM REVENUE 2330968 EXTERNAL CORE SERVICES 112851 CATTLE, PECAN, AND OTHER FARM SALES 1616038 OVERHEAD RECOVERY - SRNF 71909 14 13455 14 238751 18 2134193 ROYALTY/LEASEHOLD INCOME 15 239667 LOSS ON SALE OF FIXED ASSETS 01 -657828 0 1968238 4131766 6100004 1A VARIOUS AWARDS AND SUBAWARDS ARE RECEIVED IN CONJUNCTION WITH AGRICULTURAL RESEARCH CONDUCTED AT THE INSTITUTE. WHILE THE MAJORITY OF THE AWARDS/SUBAWARDS ARE PUBLIC RESEARCH FUNDS SUBJECT TO AUDIT UNDER "TITLE 2 U.S. CODE OF FEDERAL REGULATIONS (CFR) PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS", THESE AWARDS/SUBAWARDS FURTHER INCLUDE PUBLIC RESEARCH FUNDS, PROVIDED THROUGH VARIOUS STATE OF OKLAHOMA PROGRAMS, AS WELL AS PRIVATE RESEARCH FUNDS PROVIDED THROUGH ORGANIZATIONS AND INDUSTRY. 1B NOBLE RESEARCH INSTITUTE (THE "INSTITUTE") OPERATED SEVERAL SCIENTIFIC AND AGRICULTURAL RELATED CORE FACILITIES TO PROVIDE RESEARCH AND ANALYTICAL SUPPORT TO INSTITUTE'S RESEARCH LABS AND RANCHES. OCCASIONALLY, WHEN EXCESS CAPACITY EXISTED, THE CORE FACILITIES PROVIDED CORE SERVICES FOR EXTERNAL ORGRANIZATIONS. THESE EXTERNAL COLLABORATIONS FURTHERED THE INSTITUTE'S WORK. THE RIGHTS TO SOME OF THE RESEARCH PRODUCTS WERE SOLD DURING 2021. THE INSTITUTE IS NO LONGER OPERATING THESE CORE FACILITIES. 1C THE INSTITUTE OPERATES SEVEN RANCHES ON WHICH IT CARRIES OUT RANCH OPERATIONS, WHICH SERVE THE DUAL ROLE OF PRODUCER DEMONSTRATIONS, ANIMAL PRODUCTION AS WELL AS A BACKDROP FOR RELATED RESEARCH. WITH REGARD TO SUCH DEMONSTRATIONS, THE RANCHES VALIDATE MANAGEMENT PRACTICES, ENABLE ASSESSMENT OF INTRODUCED MODIFICATIONS AND THE APPLICATION OF EMERGING TECHNOLOGIES, AND ENABLE FULL SCALE TRIALS AND EVALUATIONS OF RESEARCH FINDINGS FROM THE INSTITUTE AS WELL AS OTHER ORGANIZATIONS. THESE PROGRAMS, IN PART, FULFILL THE INSTITUTE'S CHARITABLE PURPOSE AND SERVE AS A BASIS FOR THE ORGANIZATION'S TAX EXEMPT STATUS. AS AN OUTCOME OF ITS RANCH OPERATIONS, CERTAIN MARKETABLE AGRICULTURAL BY-PRODUCTS, SUCH AS LIVESTOCK, PECANS, AND OTHER FARM PRODUCTS, ARE PRODUCED. WHILE SOME BY-PRODUCTS ARE CONSUMED OR DESTROYED IN NORMAL OPERATIONS, IN SOME INSTANCES THE INSTITUTE SELLS BY-PRODUCTS THROUGH COMMON AGRICULTURAL MARKET OUTLETS. THE FIRSTHAND KNOWLEDGE ACQUIRED BY CONDUCTING FIELD-BASED OPERATIONS T 1D THE INSTITUTE PROVIDES ADMINISTRATIVE SERVICES FOR THE SAMUEL ROBERTS NOBLE FOUNDATION, THE INSTITUTE'S SOLE MEMBER-MANAGER, AND RECEIVES DIRECT REIMBURSEMENT FOR THE SERVICES AS WELL AS AN OVERHEAD RECOVERY REIMBURSEMENT THAT ENABLES THE INSTITUTE TO PROVIDE THESE SERVICES. 0 0 0 0 0 0 0 0 1 1c 9891 INTEGRITY BEEF ALLIANCE ASSOCIATION SHARING OF PAID EMPLOYEES / RESOURCES - SEE STATEMENT 17 1 INTEGRITY BEEF ALLIANCE ASSOCIATION 501(C)(5) COLLABORATIVE PROGRAMMING X X 1 THE SAMUEL ROBERTS NOBLE FOUNDATION 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 39200000 X 2 GREENACRES FOUNDATION INC 8255 SPOOKY HOLLOW RD CINCINNATI OH 45242 1000000 X 3 THE JONES FAMILY FOUNDATION PO BOX 575 SALINE MI 48176 1000000 X 4 BUTCHERBOX 20 GUEST ST BOSTON MA 02135 500000 X 5 MARIANNE ROONEY 6604 N HILCREST AVE OKLAHOMA CITY OK 73116 5000 X 6 WILLIAM R GODDARD PO BOX 1485 ARDMORE OK 73402 5000 X AUDIT AND TAX SERVICES 153626 15363 0 138263 PART V PRIVATE FOUNDATION STATUS TERMINATIONNOBLE RESEARCH INSTITUTE, LLC (THE "INSTITUTE") IS CURRENTLY IN THE 60-MONTH TERMINATION PERIOD AS PROVIDED BY SECTION 507(B)(1)(B). THE IRS HAS ISSUED THE INSTITUTE AN ADVANCE RULING THAT THE INSTITUTE CAN REASONABLY BE EXPECTED TO MEET THE REQUIREMENTS OF SECTION 507(B)(1)(B)(I) DURING THE TERMINATION PERIOD, AS IT IS EXPECTED THAT THE INSTITUTE WILL LIKELY SATISFY THE REQUIREMENTS OF A PUBLIC CHARITY. THEREFORE, THE INSTITUTE IS NOT REQUIRED TO REMIT NET INVESTMENT EXCISE TAX PAYMENTS AND NO TAX HAS BEEN CALCULATED ON LINE 9 OF PART V. PART VIII-A SUMMARY OF DIRECT CHARITABLE ACTIVITIESNOBLE RESEARCH INSTITUTE, LLC ("INSTITUTE"), FOUNDED IN 1945, IS AN INDEPENDENT, NONPROFIT ORGANIZATION. THE INSTITUTE CONDUCTS FARMER/RANCHER-FOCUSED EDUCATION PROGRAMS AND APPLIED RESEARCH WITH THE PURPOSE OF ASSISTING FARMERS AND RANCHERS ACHIEVE LAND STEWARDSHIP FOR IMPROVED SOIL HEALTH IN GRAZING ANIMAL PRODUCTION WITH LASTING PRODUCER PROFITABILITY. THE INSTITUTE IS SUCCESSOR-BY-CONVERSION OF THE SAMUEL ROBERTS NOBLE FOUNDATION, INC., EFFECTIVE MAY 1, 2017. ON THIS DATE, THE ACTIVITIES OF THE PRIOR ENTITY WERE EFFECTIVELY SEPARATED. THE AGRICULTURAL AND RESEARCH OPERATIONS WERE RETAINED AND CONTINUE WITHIN THE INSTITUTE. THE PHILANTHROPIC ACTIVITIES, INCLUDING GRANT MAKING AND SCHOLARSHIP PROGRAMS, WERE TRANSITIONED TO AND CONTINUE WITHIN A THEN NEWLY ESTABLISHED PRIVATE FOUNDATION, WHICH CARRIES THE NAME "THE SAMUEL ROBERTS NOBLE FOUNDATION"("FOUNDATION") (EIN 81-5328519). THE INTERNAL REVENUE SERVICE ("IRS") RECOGNIZED THE FOUNDATION AS A 501(C)(3), PRIVATE FOUNDATION ON MARCH 28, 2017. BOTH ORGANIZATIONS ARE HEADQUARTERED IN ARDMORE, OKLAHOMA. THE FOUNDATION IS THE SOLE MEMBER/MANAGER OF THE INSTITUTE.THE INSTITUTE, A 501(C)(3), PRIVATE FOUNDATION, IS TRANSITIONING TO 501(C)(3), PUBLIC CHARITY STATUS. THE IRS RECOGNIZED THE INSTITUTE'S INTENTION TO TERMINATE ITS PRIVATE FOUNDATION STATUS AND ISSUED AN ADVANCE RULING FOR THE INSTITUTE, RECOGNIZING THE INSTITUTE AS A 501(C)(3), PUBLIC CHARITY (AGRICULTURAL RESEARCH ORGANIZATION), ON MARCH 6, 2018. THE TERMINATION OF THE INSTITUTE'S PRIVATE FOUNDATION STATUS REQUIRES A 60-MONTH TERMINATION PERIOD, EFFECTIVE JANUARY 1, 2018. THE INSTITUTE IS FOLLOWING THE PRESCRIBED REPORTING REQUIREMENTS OF THE IRS DURING THIS 60-MONTH TERMINATION PERIOD, WHICH CONCLUDES DECEMBER 31, 2022.IN 2021, THE INSTITUTE TRANSFORMED THE FOCUS OF ITS OPERATIONS TO ADDRESS THE CRITICAL CHALLENGES IMPACTING RANCH VIABILITY IN THE U.S. MATTERS OF BOTH FOOD SECURITY FOR THIS NATION AND CONTINUING ECONOMIC POTENTIAL IN RURAL AMERICA. THESE SPECIFIC CHALLENGES INCLUDE: (1) LAND PRODUCTIVITY OF THE NATION'S GRAZING LANDS AND THEIR REGENERATION IN THE FACE OF CLIMATE VARIABILITY, (2) LONG-TERM RANCH PROFITABILITY, AND (3) DECLINING POPULATION OF AGRICULTURAL PRODUCERS. THE INSTITUTE RESHAPED ITS OPERATIONS TO EMPHASIZE FARMER AND RANCHER LEARNING FOR RANCH MANAGEMENT FOR HEATHIER SOILS AND STRONGER PRODUCER PROFITABILITY. THESE EDUCATIONAL OPERATIONS ARE COMPLEMENTED BY APPLIED, LANDSCAPE-SCALE RESEARCH TO ENHANCE DISCOVERY AND CONTRIBUTE TO FARMER AND RANCHER EDUCATION. THE INSTITUTE'S CURRENT OPERATIONS ALSO INCLUDE RANCH OPERATIONS FOR DEMONSTRATION AND LEARNING.GRAZING LANDS ARE ONE OF AMERICA'S GREATEST NATURAL RESOURCES. THEY REPRESENT THE SINGLE GREATEST LAND USE OF THIS NATION FOUND IN ALL 50 STATES, GRAZING LANDS ACCOUNT FOR MORE THAN 650 MILLION ACRES AND REPRESENT ABOUT 41% OF ALL U.S. LANDS IN THE LOWER 48 STATES. GRAZING LANDS SUPPORT THE PRODUCTION OF GRAZING LIVESTOCK PRIMARILY, CATTLE, SHEEP AND GOATS TO PROVIDE CONSUMERS WITH NUTRIENT-DENSE PROTEIN AND PROVIDE PRODUCTIVE LANDSCAPES THAT IMPACT WATER QUANTITY AND QUALITY AND SOIL HEALTH.THE INSTITUTE'S GOAL IS TO GUIDE FARMERS AND RANCHERS ACROSS THE U.S. TO DEMONSTRATE MEASURABLE LAND REGENERATION WHILE MEETING THEIR RESPECTIVE FINANCIAL GOALS. WE SEEK TO IMPACT 84,000 FARMERS AND RANCHERS MANAGING AT LEAST 164 MILLION ACRES, WITH AT LEAST 75 PERCENT OF THESE FARMERS AND RANCHERS MEETING THEIR FINANCIAL GOALS. THE TIMEFRAME OF THIS GOAL IS 2040. THIS IS A SIGNIFICANT TASK, AND IT WILL DEPEND ON A NETWORK OF UNIVERSITIES, NON-GOVERNMENTAL ORGANIZATIONS (NGO), PRIVATE ORGANIZATIONS, PRODUCER ASSOCIATIONS AND INDUSTRY.REGENERATIVE MANAGEMENT FOR IMPROVED SOIL HEALTH INVOLVES THE INTENTIONAL INTERACTIONS OF A RANCH'S SOIL, PLANTS, WATER, ANIMALS AND PRODUCERS. RENEWING THE PRODUCTIVITY OF THE NATION'S GRAZING LANDS, REGENERATIVE MANAGEMENT SEEKS TO INCREASE SOIL CARBON AND SOIL WATER-HOLDING CAPACITY USING PHOTOSYNTHESIS, THE NATURAL BIOLOGY OF GRASSLANDS, AND THE POWER OF GRAZING ANIMALS. INSTITUTE RESEARCHERS, CONSULTANTS, EDUCATORS AND RANCH STAFF WORK TOGETHER TO GUIDE AND GIVE FARMERS AND RANCHERS THE SKILLS AND TOOLS TO REGENERATE THE LAND IN A PROFITABLE MANNER. INSTITUTE EDUCATIONAL CONTENT CONCERNS REGENERATIVE MANAGEMENT OF DIFFERING PASTURE AND RANGE ENVIRONMENTS, WILDLIFE, PECAN PRODUCTION (SILVOPASTURES), AND LIVESTOCK PRODUCTION. THE INSTITUTE'S 14,000 ACRES OF PRODUCTION RANCHES PROVIDE A LOCATION FROM WHICH TO DEMONSTRATE AND PRACTICE REGENERATIVE PRINCIPLES AND IDEAS TO DELIVER VALUE TO FARMERS AND RANCHERS ACROSS THE U.S. IN FURTHERANCE OF ITS CHARITABLE MISSION AND ITS COLLABORATIVE EMPHASIS, INSTITUTE PERSONNEL COLLABORATE WITH A BROAD BASE OF UNIVERSITY, NGO, PRIVATE AND GOVERNMENT ORGANZATIONS, INCLUDING BUT NOT LIMITED TO, OKLAHOMA STATE UNIVERSITY; OKLAHOMA DEPARTMENT OF AGRICULTURE, FOOD, AND FORESTRY; TEXAS AGRILIFE RESEARCH; TEXAS AGRILIFE EXTENSION SERVICE; MICHIGAN STATE UNIVERSITY; UNIVERSITY OF WYOMING; COLORADO STATE UNIVERSITY; OREGON STATE UNIVERSITY; THE NATURE CONSERVANCY; AND UNITED STATES DEPARTMENT OF AGRICULTURE, AGRICULTURE RESEARCH SERVICE - WYOMING AND MARYLAND.IN SUPPORT OF ITS HISTORIC AND ONGOING RESEARCH, THE INSTITUTE RECEIVED EXTERNAL OR PUBLIC SUPPORT FROM THE NATIONAL SCIENCE FOUNDATION, FOUNDATION FOR FOOD AND AGRICULTURAL RESEARCH, U.S. DEPARTMENT OF ENERGY, U.S. DEPARTMENT OF AGRICULTURE, OKLAHOMA CENTER FOR THE ADVANCEMENT OF SCIENCE AND TECHNOLOGY, AND NATIONAL AERONAUTICS AND SPACE ADMINISTRATION. DURING 2021, THE INSTITUTE TRANSFERRED MUCH OF THIS PUBLIC FUNDING TO OTHER RESEARCH INSTITUTIONS OR UNIVERSITIES IN FURTHERANCE OF ITS DISCONTINUATION OF COLLABORATIVE PLANT SCIENCE RESEARCH. THE UNIVERSITIES AND GOVERNMENT RESEARCH LABORATORIES BENEFITED BY THESE TRANSFERS ARE NOT LISTED HERE.THE CALCULATION BELOW SHOWS HOW OUR OPERATING AND ADMINISTRATIVE COSTS (PART I-LINE 24) OF $41,637,238 AND AMOUNTS PAID TO ACQUIRE CAPITAL ASSETS (PART XI-LINE 2) OF $2,211,567 FOR A TOTAL AMOUNT OF $43,848,805 ARE ALLOCATED TO THE FOLLOWING DIRECT CHARITABLE ACTIVITIES AND OPERATIONAL SUPPORT (PART VIII-A):(1) RESEARCH TRANSITIONING INTO LANDSCAPE METRICS, MANAGEMENT AND MONITORING; MANAGEMENT TRANSITION; WILDLIFE IMPACTS; SILVOPASTURES AND PECAN PRODUCTION; AND LIVESTOCK ADAPTABILITY; 2021 CONCLUDING RESEARCH OF BASIC MOLECULAR AND GENETIC LEVELS OF HOW PLANTS GROW AND INTERACT WITH THE MICROBIOME, AND PLANT BREEDING ARE ALSO INCLUDED.(2) CONSULTATION AND EDUCATION TRANSITIONING INTO IN-PERSON AND ONLINE FARMER AND RANCHER EDUCATIONAL PROGRAMMING; EVALUATING HISTORICAL PROGRAMMING AND ONE-ON-ONE, NO-COST CONSULTATION TO FOSTER LAND STEWARDSHIP AND SOIL CONSERVATION.(3) OPERATIONAL SUPPORT AS A PERCENTAGE OF FUNDS SPENT FOR CHARITABLE PURPOSES IS 13.92%.(4) FUNDRAISING SUPPORT AS A PERCENTAGE OF FUNDS SPENT FOR CHARITABLE PURPOSES IS 1.51%. PART XVI, LINE 1C SHARING OF FACILITIES, EQUIPMENT, MAILING LISTS, OTHER ASSETS, OR PAID EMPLOYEES NOBLE RESEARCH INSTITUTE, LLC (THE "INSTITUTE") AND INTEGRITY BEEF ALLIANCE ASSOCIATION ("IBEEF") JOINTLY CARRY OUT PROGRAMS WHICH PROMOTE THE USE OF MORE SUSTAINABLE AGRICULTURAL PRACTICES AMONG CATTLE PRODUCERS. THESE PROGRAMS GENERATE VALUABLE DATA ABOUT THE IMPACTS OF SUCH PRACTICES AND IBEEF MAKES THIS DATA AVAILABLE TO THE INSTITUTE FREE OF CHARGE. THIS DATA CONTRIBUTES IMPORTANTLY TO THE INSTITUTE'S RESEARCH AND EDUCATIONAL ACTIVITIES. THE INSTITUTE HAS DETERMINED THAT THE VALUE OF THE BENEFIT THE INSTITUTE RECEIVES FROM THESE JOINTLY CONDUCTED PROGRAMS EQUALS OR EXCEEDS THE VALUE OF THE SHARED RESOURCES THE INSTITUTE CONTRIBUTES TO THE PROGRAMS. VANGUARD WELLINGTON FUND FMV 29219376 29219376 IR&M SHORT FUND LLC FMV 28821540 28821540 LAND 10687764 0 10687764 10687764 BUILDINGS & IMPROVEMENTS 111016415 55811061 55205354 55205354 CAPITALIZED INTEREST 6907286 3136570 3770716 3770716 AIRCRAFT EQUIPMENT 18568647 17982029 586618 586618 EQUIPMENT 33351052 25303913 8047139 8047139 CONSTRUCTION IN PROGRESS 2272616 0 2272616 2272616 EMPLOYEE BENEFIT PLANS 17356 0 0 11964 EMPLOYMENT MATTERS 2238 0 0 2238 GENERAL MATTERS 142640 0 0 233700 EMPLOYEE IMMIGRATION SUPPORT 16312 0 0 13312 INTELLECTUAL PROPERTY/PATENTS 89888 0 0 101762 CONRAD TRUSTS 1100000 770000 2018-11 2028-07 ANNUAL PRINCIPAL AND INTEREST 5.000000000000 LAND PURCHASE CASH 1100000 UNREALIZED LOSS ON INVESTMENT 601856 MEMBERSHIP DUES 233428 0 0 233123 PHOTOGRAPHY/GRAPHIC SUPPLIES 2951 0 0 2951 UNIFORMS/LAUNDRY 15487 0 0 15177 TRAINING/EMPLOYEE RELATIONS 809187 0 0 823689 COMMUNITY SPONSORSHIPS 115343 0 0 115343 PROPERTY INSURANCE 2287604 0 0 2326595 OFFICE/POSTAGE/PHOTOCOPIER 136583 0 0 135656 LICENSE/PERMIT/BANK FEES 46884 0 0 46780 CREDIT CARD FEES 10000 0 0 10000 MACHINE HIRE/CONTRACT LABOR 227528 0 0 229734 EQUIPMENT MAINT & REPAIR 767404 0 0 667076 FACILITY MAINT & REPAIR 371193 0 0 355965 RD/LAND/FENCE MAINT & REPAIR 72362 0 0 72317 EQUIPMENT/LAND LEASE 5404 0 0 5404 LAWN/SAFETY SUPPLIES 59844 0 0 59844 MATERIALS & SUPPLIES 492032 0 0 490825 FOOD SERVICE 28074 0 0 27038 VEHICLE OPERATIONS 361012 0 0 372618 LIBRARY SERVICES 67461 0 0 72415 COMPUTER/TECHNOLOGY 1280075 0 0 1505494 RECRUITING 113984 0 0 148797 FEED/SEED/FERTILIZER 353080 0 0 354535 VETERINARY 72741 0 0 73284 TESTING/EVALUATION SERVICES 117690 0 0 121984 COOPERATIVE RESEARCH PRGM 991878 0 0 992344 NON-RESIDENT FELLOWS PROGRAM 1200 0 0 31950 SMALL EQUIPMENT UNDER $5,000 4282109 0 0 4277291 LESS EXPENSE ALLOC TO PRGM 0 0 4131766 -4131766 OTHER K-1 EXPENSES 0 164194 164194 0 OTHER K-1 INCOME 0 8476 8476 OTHER PROGRAM REVENUE 2330968 2330968 EXTERNAL CORE SERVICES 112851 112851 CATTLE, PECAN, AND OTHER FARM SALES 1616038 1616038 OVERHEAD RECOVERY - SRNF 71909 71909 ROYALTY/LEASEHOLD INCOME 239667 239667 239667 LOSS ON SALE OF FIXED ASSETS -657828 -657828 ACCRUED POST-RETIREMENT MEDICAL COST 4573763 3466226 457F PLAN 26260 48632 INVESTMENT MANAGER FEES 119118 119118 81473 0 PROFESSIONAL ADVISORY SVCS 781468 0 0 780505 720 EXCISE TAX 2075 0 0 2075