MARY K AND CLIFFORD GRUM FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- MARY K AND CLIFFORD GRUM FOUNDATION (EIN 75-6454067)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2021-11-15
- IRS object ID
- 202133199349107473
- 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
- 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 | 2021-11-15T15:21:55-06:00 | ReturnTs |
| Tax Period End | 2021-06-30 | 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 | 2020-07-01 | 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 | 9368291331 | 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 | MARY K GRUM | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9368291331 | PhoneNum |
| Signature | 2021-11-12 | 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 | 2021-11-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $59,087,496 | 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 | $1,244 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,244 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,100,446 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,035,874 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,255,417 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $24,365,836 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,255,417 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $6,357,107 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,292,535 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $6,150 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,075 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,075 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $120,055 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $69,518 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $50,536 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $86,410 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $12,173 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,385 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $224,788 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $75,978 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $53,611 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,921,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,921,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,145,788 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $75,978 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,974,611 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,211,319 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,216,557 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,744,790 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,537,250 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,537,250 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,983,105 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $6,200,171 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $6,133,524 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $27,390,298 | CorporateStockBOYAmt |
| Corporate Stock EOY | $28,420,225 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $41,071,424 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $8,951,608 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,161,390 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,342,408 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $556 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,890 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,890 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $41,070,357 | TotalAssetsBOYAmt |
| Total Assets EOY | $45,321,926 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $59,087,496 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $10,567 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $50,817 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $10,567 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $50,817 | 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 | -$77,500 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,133,819 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $41,059,790 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $45,271,109 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $41,070,357 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $45,321,926 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $41,059,790 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,211,319 | ExcessRevenueOverExpensesAmt |
| Subtotal | $45,271,109 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $45,271,109 | 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 |
|---|---|---|---|---|---|---|
| NET LONG TERM CAP GAIN - K-1 | P | 2020-12-31 | $163,593 | $163,593 | $163,593 | |
| MATURITY 248000 FIRST FOUNDATION BAN | P | 2020-09-11 | $248,000 | $248,000 | ||
| 10000 DEVON ENERGY | P | 2020-11-30 | $151,866 | -$319,534 | -$319,534 | $471,400 |
| 33392.698 JACOB MICRO | P | 2021-03-08 | $1,500,000 | $1,142,698 | $1,142,698 | $357,302 |
| LONG TERM CAPITAL GAINS | P | 2021-06-30 | $726,363 | $726,363 | $726,363 | |
| MATURITY 265000 HAYES CO TX | P | 2020-09-15 | $265,000 | $265,000 | ||
| MATURITY 245000 WESTERN ALLIANCE BAN | P | 2020-12-18 | $245,000 | $245,000 | ||
| 8320.301 T ROWE | P | 2021-03-24 | $957,916 | $182,916 | $182,916 | $775,000 |
| 1063 TUPPERWARE | P | 2020-07-06 | $5,528 | -$51,066 | -$51,066 | $56,594 |
| MATURITY 249000 ZIONS BANK | P | 2020-09-15 | $249,000 | $249,000 | ||
| CALL 500000 FEDERAL HOME LOAN .33% | P | 2020-12-22 | $500,000 | $500,000 | ||
| 19871.686 DODGE & COX | P | 2021-03-24 | $932,181 | $142,181 | $142,181 | $790,000 |
| 4000 FREEPORT-MCMORAN | P | 2020-07-23 | $53,623 | -$377 | -$377 | $54,000 |
| 3000 DEVON ENERYG | P | 2020-09-22 | $29,069 | -$112,351 | -$112,351 | $141,420 |
| MATURITY 245000 SIGNATURE BANK | P | 2020-12-31 | $245,000 | $245,000 | ||
| MATURITY 245000 WELLS FARGO | P | 2021-04-12 | $245,000 | $245,000 | ||
| 3000 TEVA PHARMACEUETICAL | P | 2020-07-23 | $37,097 | -$72,808 | -$72,808 | $109,905 |
| 7000 DEVON ENERGY | P | 2020-09-30 | $66,712 | -$263,268 | -$263,268 | $329,980 |
| MATURITY 500000 T NOTE 2.375% | P | 2020-12-31 | $500,000 | $500,000 | ||
| MATURITY 247000 PINNACLE BANK | P | 2021-04-21 | $247,000 | $247,000 | ||
| 1000 TUPPERWARE | P | 2020-07-23 | $7,776 | -$45,464 | -$45,464 | $53,240 |
| 3000 GENERAL ELECTRIC | P | 2020-09-30 | $18,722 | -$56,472 | -$56,472 | $75,194 |
| 40475.588 JACOB MICRO | P | 2021-01-15 | $1,600,000 | $1,166,911 | $1,166,911 | $433,089 |
| 23104.39 JACOB MICRO | P | 2021-04-29 | $1,100,000 | $852,783 | $852,783 | $247,217 |
| 1000 TUPPERWARE | P | 2020-07-24 | $8,075 | -$45,165 | -$45,165 | $53,240 |
| 24279.702 JACOB SMALL CAP | P | 2020-10-02 | $750,000 | $320,006 | $320,006 | $429,994 |
| MATURITY 245000 CITY NATIONAL BANK | P | 2021-01-28 | $245,000 | $245,000 | ||
| MATURITY 40000 US TREASURY | P | 2021-04-30 | $400,000 | $400,000 | ||
| 2000 TUPPERWARE | P | 2020-07-27 | $18,764 | -$87,716 | -$87,716 | $106,480 |
| 1000 GENERAL ELECTRIC | P | 2020-10-05 | $61,272 | -$189,378 | -$189,378 | $250,650 |
| MATURITY 249000 WELLS FARGO | P | 2021-02-01 | $249,000 | $249,000 | ||
| 4288.778 USAA TAX FREE | P | 2021-06-09 | $60,000 | $1,201 | $1,201 | $58,799 |
| 4000 FREEPORT-MCMORAN | P | 2020-07-29 | $54,183 | $183 | $183 | $54,000 |
| MATURITY 298000 CUSTOMERS BK CD | P | 2020-10-26 | $298,000 | $298,000 | ||
| 9934.913 EMERGING MARKETS | P | 2021-02-11 | $260,692 | $53,192 | $53,192 | $207,500 |
| 8189.263 VANG SHORT TERM | P | 2021-06-09 | $90,000 | $1,687 | $1,687 | $88,313 |
| 2000 TUPPERWARE | P | 2020-07-30 | $19,014 | -$87,466 | -$87,466 | $106,480 |
| MATURITY 246000 CIIBC BANK | P | 2020-10-23 | $246,000 | $246,000 | ||
| 6912.799 REAL ESTATE | P | 2021-02-11 | $271,466 | $8,966 | $8,966 | $262,500 |
| 8211.679 VANG S/T | P | 2021-06-09 | $90,000 | $1,598 | $1,598 | $88,402 |
| MATURITY 100000 CORLEY TX ISD | P | 2020-08-03 | $100,000 | $100,000 | ||
| 550896.28 FEDERATED STRATEGIC VALUE | P | 2020-11-24 | $2,748,972 | -$512,318 | -$512,318 | $3,261,290 |
| MATURITY 248000 BANCCENTRAL NATL | P | 2021-02-16 | $248,000 | $248,000 | ||
| 72073.878 VANGUARD MUN BD | P | 2021-06-09 | $876,418 | $26,418 | $26,418 | $850,000 |
| 18429.783 JACOB MICRO | P | 2020-08-20 | $500,000 | $302,801 | $302,801 | $197,199 |
| 102261.34 JACOB SMALL CAP | P | 2020-11-24 | $3,779,579 | $1,968,531 | $1,968,531 | $1,811,048 |
| MATURITY 245000 MERIDIAN BANK | P | 2021-02-26 | $245,000 | $245,000 | ||
| ACADEMIC PARTNERSHIP | P | 2020-12-29 | $21,400 | $21,400 | $21,400 | |
| 16366.612 JACOB SMALL CAP | P | 2021-08-20 | $500,000 | $210,147 | $210,147 | $289,853 |
| MATURITY 200000 SANTANDER BANK | P | 2020-11-27 | $200,000 | $200,000 | ||
| MATURITY 245000 BANK OZK | P | 2021-03-01 | $245,000 | $245,000 | ||
| MATURITY 245000 MORGAN STANLEY | P | 2020-09-04 | $245,000 | $245,000 | ||
| 9000 AT&T | P | 2020-11-30 | $260,639 | -$118,441 | -$118,441 | $379,080 |
| MATURITY 245000 BANK OF THE WEST | P | 2021-03-04 | $245,000 | $245,000 | ||
| MATURITY 248000 SOUTHEAST BANK | P | 2020-09-09 | $248,000 | $248,000 | ||
| 10000 CONOCO PHILLIPS | P | 2020-11-30 | $441,916 | -$76,334 | -$76,334 | $518,250 |
| MATURITY 245000 MIZUHO BANK | P | 2021-03-04 | $245,000 | $245,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,255,417 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $3,285 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $86,410 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $86,410 | SubtotalAmt |
| Tax Based On Investment Income | $86,410 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $35,600 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $35,600 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $7 | EsPenaltyAmt |
| Tax Due | $50,817 | 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 |
| Individual With Books | MARY K GRUM | IndividualWithBooksNm |
| Phone | 9368291331 | 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 | 759152020 | 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 | MARY K GRUM | 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 | $51,022,882 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,581,883 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $23,232 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $54,627,997 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $54,627,997 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $819,420 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $53,808,577 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,690,429 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,690,429 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $86,410 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $86,410 | TotalTaxAmt |
| Distributable Before Adj | $2,604,019 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,604,019 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,604,019 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,974,611 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,974,611 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,974,611 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,604,019 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $462,067 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $694,393 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,124,305 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $2,280,765 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,974,611 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,974,611 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $629,408 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $629,408 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,651,357 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,651,357 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $527,052 | ExcessFromYear3Amt |
| Excess From Year2 | $1,124,305 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MARY K GRUM | 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 (28 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 | |
| BACKSIDE BENEVOLENCE FUND | ||||||||
| 1196 CATTLEMENS TRAIL | BENTON | LA | 71006 | NONE | PC | GENERAL OPERATIONS | $3,500 | |
| CHO YEH CAMP & CONFERENCE | ||||||||
| 2200 S WASHINGTON AVE | LIVINGSTON | TX | 77351 | NONE | PC | GENERAL OPERATIONS | $20,000 | |
| FIRST PRESBYTERIAN CHURCH | ||||||||
| 607 JANEWAY AVE | LUFKIN | TX | 75901 | NONE | PC | GENERAL OPERATIONS | $440,000 | |
| HOSPICE IN THE PINES | ||||||||
| 1504 W FRANK AVE | 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 | $550,000 | STE 170 |
| MOSAIC CENTER | ||||||||
| 601 N FIRST ST | LUFKIN | TX | 75901 | NONE | PC | GENERAL OPERATIONS | $2,500 | |
| NEIGHBORHOOD STRONG | ||||||||
| 211 E SHEPHERD AVE | LUFKIN | TX | 759013055 | NONE | PC | GENERAL OPERATIONS | $50,000 | SUITE 110 |
| PAN-AFRICAN ACADEMY OF CHRISTIAN SU | ||||||||
| PO BOX 1118 | BRISTOL | TN | 37621 | NONE | PC | GENERAL OPERATIONS | $25,000 | |
| PRESBYTERIAN CHILDREN'S HOMES AND S | ||||||||
| 5920 W WILLIAM CANNON DR | AUSTIN | TX | 78749 | NONE | PC | GENERAL OPERATIONS | $1,000 | BLDG 3-SUITE 100 |
| PRESBYTERIAN PAN AMERICAN SCHOOL | ||||||||
| 223 N FM 772 | KINGSVILLE | TX | 78363 | NONE | PC | GENERAL OPERATIONS | $150,000 | |
| SAINT LUKE'S FOUNDATION | ||||||||
| 11327 SHAKER BLVD | CLEVELAND | OH | 44104 | NONE | PC | GENERAL OPERATIONS | $500,000 | SUITE 600W |
| STUBBLEFIELD LEARNING CENTER | ||||||||
| 208 N JOHN REDDITT DR | LUFKIN | TX | 75904 | NONE | PC | GENERAL OPERATIONS | $1,000 | |
| THE KINKAID SCHOOL | ||||||||
| 201 KINKAID SCHOOL DR | HOUSTON | TX | 77024 | NONE | PC | GENERAL OPERATIONS | $5,000 | |
| THOROUGHBRED RETIREMENT FOUNDATION | ||||||||
| 10 LAKE AVE | SARATOGA SPRINGS | NY | 12866 | NONE | PC | GENERAL OPERATIONS | $16,000 | |
| WINNIE BERRY HUMANE SOCIETY | ||||||||
| 1102 N JOHN REDDITT DR | LUFKIN | TX | 75904 | NONE | PC | GENERAL OPERATIONS | $10,000 | |
| WOUNDED WARRIOR PROJECT | ||||||||
| 4899 BELFORT ROAD | JACKSONVILLE | FL | 32256 | NONE | PC | GENERAL OPERATIONS | $1,000 | SUITE 300 |
| THE JUNIOR LEAGUE OF LUFKIN | ||||||||
| PO BOX 151812 | LUFKIN | TX | 759151812 | NONE | PC | GENERAL OPERATIONS | $1,000 | |
| KENTUCKY RACE TRACK CHAPLAINCY | ||||||||
| PO BOX 324 | SIMPSONVILLE | KY | 40067 | NONE | PC | GENERAL OPERATIONS | $1,500 | |
| LUFKIN ISD EDUCATION FOUNDATION | ||||||||
| PO BOX 153307 | LUFKIN | TX | 759153307 | NON | PC | GENERAL OPERATIONS | $5,000 | |
| THE HOCKADAY SCHOOL | ||||||||
| 11600 WELCH RD | DALLAS | TX | 75229 | NONE | PC | GENERAL OPERATIONS | $2,500 | |
| FAMILY CRISIS CENTER OF EAST TEXAS | ||||||||
| PO BOX 510 | LUFKIN | TX | 75902 | NONE | PC | GENERAL OPERATIONS | $5,000 | |
| HOPE WALKS | ||||||||
| PO BOX 1098 | MECHANICSBURG | PA | 17055 | NONE | PC | GENERAL OPERATIONS | $5,000 | |
| MUSEUM OF EAST TEXAS | ||||||||
| 503 N 2ND ST | LUFKIN | TX | 75901 | NONE | PC | GENERAL OPERATIONS | $2,000 | |
| RETIRED RACEHORSE PROJECT | ||||||||
| 3357 HAZELWOOD ROAD | EDGEWATER | MD | 21037 | NONE | PC | GENERAL OPERATIONS | $1,000 | |
| ST CYPRIANS'S EPISCOPAL CHURCH | ||||||||
| 919 S JOHN REDDITT DR | LUFKIN | TX | 75904 | NONE | PC | GENERAL OPERATIONS | $2,000 | |
| TUSKEGEE AIRMEN NATIONAL MUSEUM | ||||||||
| 315 E WARREN AVE | DETROIT | MI | 48202 | NONE | PC | GENERAL OPERATIONS | $1,000 | |
| AUSTIN PRESBYTERIAN THEOLOGICAL SEM | ||||||||
| 100 E 27TH ST | AUSTIN | TX | 78705 | NONE | PC | GENERAL OPERATIONS | $15,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,921,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,244 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,100,446 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,255,417 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $6,357,107 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,357,107 | 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 | AXLEY & RODE, LLP | CategoryTxt |
| Amt | $6,150 | Amt |
| Net Investment Income | $3,075 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,075 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (30 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 9000 AT&T INC | ||
| 10000 CONOCOPHILLIPS | ||
| 20000 DEVON ENERGY CORP | ||
| 15710.836 DODGE & COX FUNDS | ||
| 9934.913 EMERGING MARKETS CORE | ||
| 550896.28 FEDERATED STRATEGIC | ||
| 23726.636 FIDELITY CONTRAFUND | $437,500 | $596,481 |
| 15449.334 FIDELITY MT VERNON | $437,500 | $756,044 |
| 67496 FIRST FINL BANKSHARES | $1,506,426 | $3,316,078 |
| 8000 FREEPORT-MCMORAN INC | ||
| 13000 GENERAL ELECTRIC | ||
| 466845 ILUMNO HOLDINGS | $2,731,043 | $774,963 |
| 193368.764 JACOB MICRO CAP | $834,239 | $3,546,687 |
| 142907.654 JACOB SMALL CAP | ||
| 47801 RAND CAP CORP | $1,282,071 | $800,667 |
| 4030.243 REAL ESTATE SECURITIES | ||
| 316255 SOUTHSIDE BANCSHARES INC | $5,274,617 | $12,090,429 |
| 6215.586 T ROWE PRICE MID CAP | ||
| 3000 TEVA PHAMACEUTICAL | ||
| 7063 TUPPERWARE BRANDS | ||
| 8715.935 VAN SMALL CAP | $1,295,550 | $1,789,051 |
| 5968.854 VANG WORLD FD INTL | $1,295,550 | $1,874,391 |
| 4536.182 VAGUARD EMERGING MKT | $783,050 | $919,053 |
| 3457.779 VANGUARD EXTENDED MKT | $933,050 | $1,288,479 |
| 6451.876 VANGUARD 500 INDEX | $2,965,550 | $4,082,419 |
| 6104.032 VG EQUITY INCOME | $1,550,550 | $1,798,712 |
| 15979.632 FEDERATED HERMES KAUFMANN | $1,098,562 | $1,112,822 |
| 35192.421 FIDELITY ADV FOCUSED EMRG | $1,397,843 | $1,383,062 |
| 55501.849 IVY MID CAP GROWTH I | $2,298,562 | $2,515,899 |
| 146774.761 VANGUARD DEVELOPED MARKET | $2,298,562 | $2,426,187 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,170,286 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,144,972 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $4,029,885 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $3,988,552 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (38 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 150000 AMERICAN EXPRESS BANK | AT COST | $150,000 | $153,305 |
| 284000 AXOS BANK 1.55% | AT COST | $284,000 | $287,158 |
| 248000 BANCCENTRAL NATL CD 2.55% | AT COST | ||
| 245000 BANK OF THE WEST 1.55% | AT COST | ||
| 245000 BANK OZK 1.70% | AT COST | ||
| 248000 CAPITAL ONE BANK CD 2.10% | AT COST | $248,000 | $248,466 |
| 248000 CENTERSTATE BANK 2.10% | AT COST | $248,000 | $250,517 |
| 246000 CIIBC BANK CD 2.5% | AT COST | ||
| 245000 CITY NATIONAL BANK 1.70% | AT COST | ||
| 298000 CUSTOMERS BANK 1.70% | AT COST | ||
| 46026.490 DODGE & COX INCOME FD | AT COST | $1,150,000 | $1,162,720 |
| 245000 EVERGREEN BANK GROUP | AT COST | $245,000 | $245,338 |
| 248000 FIRST FOUNDATION 1.80% | AT COST | ||
| 245000 LAKELAND BANK 0.200% | AT COST | $245,000 | $245,167 |
| 245000 MIZUHO BANK 1.55% | AT COST | ||
| 245000 MERIDIAN BANK 1.60% | AT COST | ||
| 245000 MORGAN STANLEY 1.75% | AT COST | ||
| 247000 PINNACLE BANK 1.70% | AT COST | ||
| 245000 SIGNATURE BANK 1.70% | AT COST | ||
| 248000 SOUTHEST BANK 1.75% | AT COST | ||
| 62960.116 VANG S/T FED FD 49 ADM | AT COST | ||
| 62938.547 VANG S/T ADM | AT COST | ||
| 59900.99 VANGUARD INTER TERM INV | AT COST | $600,000 | $610,990 |
| 249000 WELLS FARGO 1.75% | AT COST | ||
| 245000 WELLS FARGO BK CD 2.45% | AT COST | ||
| 245000 WESTERN ALLIANCE 1.70% | AT COST | ||
| 249000 ZIONS BANK CD 1.75% | AT COST | ||
| 3.065 ACCESS VENTURES PARTNERS III | AT COST | $678,904 | $1,814,528 |
| 34722.222 DIAMON HILL HIGH YIELD I | AT COST | $400,000 | $401,042 |
| 42964.554 USAA SHORT TERM BOND INSTI | AT COST | $400,000 | $401,289 |
| 54748.437 VANG S/T FED FD 49 ADM | AT COST | $586,598 | $598,948 |
| 54749.284 VANG SHORT TERM ADM | AT COST | $586,687 | $600,052 |
| 51125.798 VANGUARD BD INDEX FD INC | AT COST | $600,000 | $578,233 |
| 67001.675 VANGUARD HIGH YIELD CORPOR | AT COST | $400,000 | $401,340 |
| 250000 TOLLESON BK .3% | AT COST | $250,000 | $248,998 |
| 249000 BANKUNITED .55% | AT COST | $249,000 | $247,382 |
| 249000 FIRST NATIONAL BK CD .6% | AT COST | $249,000 | $244,954 |
| 43121.871 USAA TAX FREE INTERMEDIATE | AT COST | $591,201 | $601,981 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST | Desc |
| BOY Book Value | $556 | BOYBookValueAmt |
| EOY Book Value | $2,890 | EOYBookValueAmt |
| EOYFMV | $2,890 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| BOND AMORTIZATION | $10,333 | $2,526 |
| EXPENSES ALLOC TO T/E INCOME | -$780 | |
| PENALTIES | $201 | |
| OTHER DEDUCTIONS - K1 | $1,639 | $1,639 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $10,567 | BOYBookValueAmt |
| EOY Book Value | $50,817 | 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 | $101,073 | $50,536 | $50,536 |
| MANAGEMENT FEE-K-1 | $18,982 | $18,982 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $86,410 | Amt |
Comments