MARSHAL VERNE ROSS FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: MARSHAL VERNE ROSS FOUNDATION INC (EIN 74-2864663)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-05-29
IRS object ID: 202101499349100400
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
Form 990-PF
Accounting Fees Schedule
Investments Corp Stock Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-05-29T17:14:03-07:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

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

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

Filer Filer

Field	Value	IRS element (for citing)
EIN	742864663	EIN

Business Name BusinessName

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

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

US Address USAddress

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

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Mary Frances Ross	PersonNm
Person Title	President	PersonTitleTxt
Signature	2021-05-29	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

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

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Durwood Thompson JrCPA	PreparerPersonNm
PTIN	P00297281	PTIN
Phone	9792609696	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	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	$7,636,033	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$35	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$35	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$104,558	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$104,558	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$290,568	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,405,779	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$290,568	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$145,050	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$143,773	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$1,277	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$540,211	TotalRevAndExpnssAmt
Total Net Invst Incm	$538,934	TotalNetInvstIncmAmt
Total Adj Net Incm	$1,277	TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss	$13,910	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$8,346	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$5,564	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$54,561	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$54,561	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$26,187	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$26,187	TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss	$21,566	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$21,566	DeprecAndDpltnNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss	$712	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$534	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$178	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$253	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$253	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$117,189	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$111,447	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$5,742	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$312,500	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$312,500	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$429,689	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$111,447	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$318,242	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$110,522	ExcessRevenueOverExpensesAmt
Net Investment Income	$427,487	NetInvestmentIncomeAmt
Adjusted Net Income	$1,277	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1,181	CashBOYAmt
Cash EOY	$19,861	CashEOYAmt
Cash EOYFMV	$19,861	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$101,276	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$98,564	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$98,564	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$3,877,149	CorporateStockBOYAmt
Corporate Stock EOY	$4,013,881	CorporateStockEOYAmt
Corporate Stock EOYFMV	$6,862,236	CorporateStockEOYFMVAmt
Other Assets BOY	$28,110	OtherAssetsBOYAmt
Other Assets EOY	$8,395	OtherAssetsEOYAmt
Other Assets EOYFMV	$655,372	OtherAssetsEOYFMVAmt
Total Assets BOY	$4,007,716	TotalAssetsBOYAmt
Total Assets EOY	$4,140,701	TotalAssetsEOYAmt
Total Assets EOYFMV	$7,636,033	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$4,007,716	CapitalStockBOYAmt
Capital Stock EOY	$4,140,701	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$4,007,716	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$4,140,701	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$4,007,716	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$4,140,701	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$4,007,716	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$110,522	ExcessRevenueOverExpensesAmt
Other Increases	$28,745	OtherIncreasesAmt
Subtotal	$4,146,983	SubtotalAmt
Other Decreases	$6,282	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$4,140,701	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
SEE ATTACHED CHARLES SCHWAB GAIN LOSS	P	2020-01-01	2020-12-31	$19,455	$20,834	-$1,379	-$1,379
SEE ATTACHED CHARLES SCHWAB GAIN LOSS	P	2019-01-01	2020-12-31	$629,267	$460,687	$168,580	$168,580
ENTERPRISE	P	2019-01-01	2020-03-11	$45,723		$45,723	$45,723
SEE ATTACHED MERRILL LYNCH GAIN LOSS	P	2020-01-01	2020-12-31	$65,877	$65,671	$206	$206
SEE ATTACHED MERRILL LYNCH GAIN LOSS	P	2019-01-01	2020-12-31	$645,457	$568,019	$77,438	$77,438

Field	Value	IRS element (for citing)
Capital Gain Net Income	$290,568	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$1,173	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$5,942	InvestmentIncomeExciseTaxAmt
Subtotal	$5,942	SubtotalAmt
Tax Based On Investment Income	$5,942	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$6,691	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$6,691	TotalPaymentsAndCreditsAmt
Overpayment	$749	OverpaymentAmt
Applied To ES Tax	$749	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	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	Woody Thompson	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9792609696	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

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

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (true)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

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

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

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

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

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$128,942	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$5,964,018	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$783,002	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$6,875,962	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$6,875,962	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$103,139	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$6,772,823	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$338,641	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$338,641	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$5,942	TaxBasedOnInvestmentIncomeAmt
Total Tax	$5,942	TotalTaxAmt
Distributable Before Adj	$332,699	DistributableBeforeAdjAmt
Distributable Before Ded	$332,699	DistributableBeforeDedAmt
Distributable As Adjusted	$332,699	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$318,242	ExpensesAndContributionsAmt
Qualifying Distributions	$318,242	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$318,242	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$332,699	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$9,839	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$38,461	ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov	$48,300	TotalExcessDistributionCyovAmt
Qualifying Distributions	$318,242	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$318,242	AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus	$14,457	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$14,457	ExcessDistributionCyovAppCYAmt
Total Corpus	$33,843	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$33,843	ExcessDistriCyovToNextYrAmt
Excess From Year4	$33,843	ExcessFromYear4Amt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

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

Recipient US Address RecipientUSAddress

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

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
MIDLAND MEMORIAL FOUNDATION
2200 WEST ILLINOIS AVENUE	MIDLAND	TX	79701	None	501(C)3	Hospital Equipment	$20,000
TEXAS TECH UNIVERSITY
800 WEST FOURTH STREET	ODESSA	TX	79763	None	501(C)3	SCHOLARSHIPS TO SCHOOLS OF NURSING, HEALTH PROFESSIONS, PA'S AND THIRD YEAR MEDICAL STUDENTS	$90,000
TEXAS AM FOUNDATION
TEXAS AM UNIVERSITY	COLLEGE STATION	TX	77843	None	501(C)3	SCHOLARSHIPS FOR SCHOOL OF VETERINARY MEDICINE.	$20,000
BOYS AND GIRLS CLUB
900 W WILLIAM JOEL BRYAN	BRYAN	TX	77803	None	501(C)3	SUPPORT FOR CLUB PROGRAMS	$25,000
SOS MINISTRIES
PO BOX 2866	BRYAN	TX	77805	None	501(C)3	KIDS CAMP/WOMEN'S RETREAT	$10,000
ST THOMAS EARLY LEARNING CENTER
906 GEORGE BUSH DRIVE	COLLEGE STATION	TX	77840	None	501(C)3	PROPERTY DEVELOPMENT	$10,000
CHI ST JOSEPH
PO BOX 993	BRYAN	TX	77805	None	501(C)3	Scholarships; Advancing Technology & Saving Lives 3D Mammography	$37,500
BAYLOR SCOTT WHITE CENTRAL TX FDN
2401 S 31ST ST	TEMPLE	TX	76508	None	501(C)3	GENERAL OPERATING NEEDS	$25,000
LAURA W BUSH INST FOR WOMEN'S HEALT
3601 4TH STREET STOP 8143	LUBBOCK	TX	79430	None	501(C)3	INFANT RISK CENTER	$25,000
BRAZOS VALLEY CAVALRY YOUTH SOCCER
CAVALRYSOCCERCOM	COLLEGE STATION	TX	77845	None	501(C)3	FINANCIAL ASSISTANCE	$10,000
STILLCREEK RANCH
6055 HEARNE ROAD	BRYAN	TX	77808	None	501(C)3	long term residentail students education fees	$10,000
BUCKNER FOUNDATION
PO BOX 8377	PRAIRIE VILLAGE	KS	66208	None	501(C)3	EDUCATIONAL SCHOLARSHIPS	$5,000
MIDLAND COLLEGE
3600 N GARFIELD ST	MIDLAND	TX	79705	None	501(C)3	GENERAL OP NEEDS	$10,000
REFLECTION MIDLAND
PO BOX 52371	MIDLAND	TX	79710	None	501(C)3	gENERAL OP NEEDS	$15,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$312,500	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$35	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$104,558	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$290,568	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	BusinessBusinessCd	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt	ExclusionExclusionCd	ExclusionExclusionAmt
ENTERPRISE PRODUCTS	900099	$1,277
ROYALTIES			15	$143,773

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$1,277	UnrelatedBusinessTaxblIncmAmt
Exclusion	$538,934	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$540,211	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING	CategoryTxt
Amt	$13,910	Amt
Net Investment Income	$8,346	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$5,564	DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (123 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
3M COMPANY	$17,760	$17,479
ANALOG DEVICES INC	$23,291	$96,025
APPLE INC	$18,099	$331,725
BECTON DICKINSON	$17,358	$31,278
BRISTOL MYERS SQUIBB	$15,519	$43,421
CHEVRON/TEXACO CORPORATION	$7,704	$21,113
COCA COLA	$31,642	$43,872
COLGATE PALMOLIVE	$39,352	$59,857
CONSUMER DISCRETIONARY	$92,325	$141,969
CVS HEALTH CORP	$47,920	$37,565
DANAHER CORP	$19,996	$66,642
DIAGEO PLC SPSD ADR NEW	$30,870	$95,286
DISNEY (WALT) CO COM STK
EATON CORP
EXXON MOBIL CORPORATION
FEDEX CORP
FIRST TR EXCHANGE TRADED	$42,130	$63,457
GENERAL ELECTRIC
HEALTH CARE SELECT SPDR	$110,914	$141,346
HOME DEPOT INC	$41,150	$132,810
HONEYWELL INTL INC DEL	$19,361	$74,445
INTEL CORP	$28,755	$54,802
ISHARES IBOXX	$17,425	$19,614
ISHARES INC CORE MSCI	$157,445	$195,922
ISHARES MBS ETF
ISHARES NASDAQ BIOTECH	$35,273	$51,658
ISHARES TIPS
JOHNSON AND JOHNSON	$58,157	$94,428
JP MORGAN CHASE & CO	$72,023	$139,777
LOWE'S COMPANIES, INC.	$22,874	$88,281
MEDTRONIC	$39,687	$58,570
MERCK & CO INC NEW	$44,495	$69,530
MONDELEZ INTERNATIONAL	$10,050	$23,388
NESTLE SA REP RG SH ADR	$15,777	$47,120
NIKE INC CL B	$10,293	$56,588
NOVARTIS ADR	$17,725	$37,772
PEPSICO, INC.	$56,371	$163,130
PFIZER INC	$29,274	$40,491
INVESCO EMERGING MARKETS
INVESCO PREFERRED ETF
PROCTER & GAMBLE	$32,828	$69,570
QUALCOM INC	$24,540	$76,170
RAYTHEON COMPANY	$19,045	$21,453
SECTOR SPDR FINANCIAL	$113,736	$126,970
UNILEVER NV NY REG SHS	$9,498	$18,108
UNION PACIFIC CORP	$26,868	$83,288
UNITED TECHS CORP COM
V F CORPORATION	$13,772	$29,894
VANGUARD CONSUMER	$71,438	$87,308
VANGUARD INDUSTRIAL ETF	$63,820	$99,444
VANGUARD INFORMATION	$146,832	$261,097
VANGUARD INTERMEDIATE
VANGUARD MATERIALS ETF	$18,122	$21,034
VANGUARD SHORT TERM BOND	$10,430	$10,989
YUM BRANDS INC	$10,370	$32,568
CHUBB LTD
CLOROX	$23,948	$35,336
CONSTELLATION BRAND	$33,250	$43,810
DOLLAR GENERAL	$14,344	$42,060
LOCKHEED MARTIN CORP	$52,918	$78,096
MICROSOFT CORP	$40,240	$155,694
TJX COMPANIES INC	$15,070	$27,316
ISHARES IBOXX$ HIGH YIELD
REAL ESTATE SELECT
SECTOR SPDR ENERGY	$27,079	$17,510
VANECK VECTORS JP
ENTERPRISE PRDTS PRTN LP
ABBOTT LABS	$14,240	$32,847
ALPHABET INC.	$87,064	$140,150
CROWN CASTLE INTERNATIONAL CO	$25,989	$39,798
ELI LILLY & CO	$19,080	$67,536
GENERAL DYNAMICS CORP	$21,166	$14,882
ISHARES US FINACIAL SER ETF
PAYPAL HOLDINGS INCO	$45,594	$128,810
PNC FINANCIAL SERVICES	$26,384	$29,800
T ROWE PRICE GROUP INC	$22,274	$45,417
TAIWAN SEMI CONDUCTOR ADR	$28,979	$76,328
YUM CHINA HOLDINGS	$8,809	$19,981
ADOBE INC	$36,195	$75,018
ALIBABA GROUP HLDG	$45,889	$58,182
AMAZON	$83,102	$162,846
APPLIED MATERIAL INC	$21,841	$34,520
GOLDMAN SACHS GROUP	$23,297	$26,371
MASTERCARD	$67,158	$116,005
SERVICE NOW
TEXAS INSTRUMENTS	$31,511	$49,239
VISA	$62,420	$98,428
WORKDAY INC	$13,086	$23,961
COMM SERVICES SELECT	$116,347	$163,504
ISHARES TR CORE	$399,974	$429,118
SECTOR SPDR UTILITITES
SPDR S&P INSURANCE
BLACKROCK LIQUIDY FUND	$39,104	$39,104
XTRACKERS USD HIGH YIELD
AMGEN	$39,139	$45,984
BERKSHIRE HATHAWAY CLB	$28,756	$32,462
KELLOGG CO	$31,623	$31,115
MERCADOLIBRE INC	$38,188	$100,513
NVIDIA CORP	$33,809	$104,440
PALO ALTO NETWORKS	$35,895	$53,309
UNITEDHEALTH GROUP INC	$39,307	$52,602
XILINX	$32,316	$42,531
ALCON
APTIV	$17,350	$26,058
DOMINOS	$38,189	$38,346
ECOLAB	$27,980	$30,290
FACEBOOK	$22,641	$27,316
LINDE PLC	$18,229	$21,081
NETFLIX INC	$20,725	$27,036
ROCHE HLDG	$24,483	$26,304
S&P GLOBAL	$20,790	$19,724
SANOFI AVENTIS	$37,644	$38,872
SPDR GOLD TRUST	$18,366	$17,836
STARBUCKS	$32,474	$53,490
UNITED PARCEL SVC	$22,056	$42,100
VERIZON	$32,795	$35,250
CHARLES SCHWAB - OTHER	$3,099
FIDELITY MSCI UTILITIES	$12,160	$12,133
FIRST TR ISE CLOUD COMP	$44,160	$65,571
PACER BENCHMARK DATA	$8,496	$8,317
PROSHARES ONLINE RETAIL	$15,312	$16,535
SPDR BLOOMBERG BARCLAYS	$8,608	$8,603
VANGUARD SMALL CAP	$110,625	$135,497

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (5 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
DIVIDEND RECEIVABLE	$2,638	$516	$516
PREPAID FIT (990pf)	$6,152	$749	$749
PREPAID FIT (990T)	$291	$491	$491
ROYALTY INTEREST			$646,977
ROYALTY RECEIVABLE	$19,029	$6,639	$6,639

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (4 entries)

DescDesc	AmtAmt
CURRENT YEAR TAX - 990PF	$5,942
CURRENT YEAR TAX - 990T	$58
NON DEDUCTIBLE EXPENSE - ENTERPRISE PARTNERSHIP	$2
PY TAX ADJUSTMENTS	$280

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES	$86	$86
INVESTMENT EXPENSE	$167	$167

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Net Investment IncomeNetInvestmentIncomeAmt
ENTERPRISE PRODUCTS	$1,277	$1,277
ROYALTIES	$143,773		$143,773

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (3 entries)

DescDesc	AmtAmt
NONDIVIDEND DISTRIBUTIONS - CS	$484
PERCENTAGE DEPLETION IN EXCESS OF BASIS	$21,566
WASH SALES - ML	$6,695

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	Investment management fees	CategoryTxt
Amt	$54,561	Amt
Net Investment Income	$54,561	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAX - CS	$871	$871
FOREIGN TAX - ML	$1,211	$1,211
PRODUCTION TAX	$6,551	$6,551
PROPERTY TAX	$17,554	$17,554

MARSHAL VERNE ROSS FOUNDATION INC: Form 990PF, tax year 2020

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Additional Filer Information AdditionalFilerInformation

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Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (123 entries)

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (5 entries)

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (4 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (3 entries)

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

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