NELDA C AND HJ LUTCHER STARK FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- NELDA C AND HJ LUTCHER STARK FOUNDATION (EIN 74-6047440)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-14
- IRS object ID
- 202143189349100379
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Sales Of Inventory List
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-14T14:32:39-08:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760269860 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77027 | 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 | 746047440 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Nelda C and HJ Lutcher Stark Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NELD | BusinessNameControlTxt |
| Phone | 4098833513 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 Green Ave | AddressLine1Txt |
| City | Orange | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77630 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Clyde V McKee III | PersonNm |
| Person Title | President & CEO | PersonTitleTxt |
| Signature | 2021-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Clyde V McKee | PersonFirstNm |
| Person Last | III | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kurt Coburn | PreparerPersonNm |
| PTIN | P01638285 | PTIN |
| Phone | 7134395739 | 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 | $663,039,878 | 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 | $38,610 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,272 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,272 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $1,272 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $6,194,164 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,194,164 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $6,194,164 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $3,800 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $3,800 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $3,800 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $3,800 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $5,558,609 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $166,189,061 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,605,226 | CapGainNetIncmNetInvstIncmAmt |
| Incm Modifications Adj Net Incm | $223,234 | IncmModificationsAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $3,562 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $7,112 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | -$3,550 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | -$3,550 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $1,276,048 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $993,102 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $1,006,385 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $13,068,953 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $12,797,564 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $7,425,305 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $743,081 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $210,793 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $210,793 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $532,289 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $4,393,906 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $6,920 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $4,386,986 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $2,105,015 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $44,061 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $45,099 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $2,059,916 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $104,201 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $495 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $495 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $103,706 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $23,590 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,318 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $6,318 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $17,272 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,774,808 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,722,923 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $1,722,923 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $51,885 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $195,896 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $52,386 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $52,386 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $175,419 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $3,167,045 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $23,592 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $23,592 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $459,864 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $2,929 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $2,929 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $456,935 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $39,582 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $281 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $281 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $39,301 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $7,112 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $7,112 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,704,670 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $88,588 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $88,588 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,616,082 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $16,718,770 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,152,366 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $2,160,324 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $11,446,903 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $851,384 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $851,384 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $17,570,154 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,152,366 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $2,160,324 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $12,298,287 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$4,501,201 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $10,645,198 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,264,981 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,555 | CashBOYAmt |
| Cash EOY | $1,555 | CashEOYAmt |
| Cash EOYFMV | $1,555 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $8,040,640 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $8,678,273 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $8,683,893 | SavAndTempCashInvstEOYFMVAmt |
| Inventories BOY | $5,521 | InventoriesBOYAmt |
| Prepaid Expenses BOY | $87,668 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $31,252 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $31,252 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $183,068,890 | CorporateStockBOYAmt |
| Corporate Stock EOY | $182,887,971 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $225,625,267 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $48,731,362 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $36,606,485 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $38,856,496 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,917,812 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $247,022 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $1,686,933 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,670,790 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $5,263,200 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $82,700,276 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $92,264,193 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $112,938,189 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $84,824,524 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $37,345,383 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $49,832,400 | LandBOYAmt |
| Land EOY | $47,479,141 | LandEOYAmt |
| Land EOYFMV | $86,640,026 | LandEOYFMVAmt |
| Other Assets BOY | $43,456,693 | OtherAssetsBOYAmt |
| Other Assets EOY | $43,458,623 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $185,000,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $417,611,938 | TotalAssetsBOYAmt |
| Total Assets EOY | $413,078,283 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $663,039,878 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $240,515 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $210,686 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $240,515 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $210,686 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $417,371,423 | NoDonorRstrNetAssestsBOYAmt |
| Tot Net Ast Or Fund Balances BOY | $417,371,423 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $412,867,597 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $417,611,938 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $413,078,283 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $417,371,423 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$4,501,201 | ExcessRevenueOverExpensesAmt |
| Subtotal | $412,870,222 | SubtotalAmt |
| Other Decreases | $2,625 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $412,867,597 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly traded securities | $166,186,685 | $160,578,685 | $5,608,000 | $5,608,000 | |||
| Sale of assets | $684 | $3,458 | -$2,774 | -$2,774 | P | 2020-01-01 | 2020-01-01 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,605,226 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$187,265 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $147,968 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $147,968 | SubtotalAmt |
| Tax Based On Investment Income | $147,968 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $103,180 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $225,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $328,180 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $180,212 | OverpaymentAmt |
| Applied To ES Tax | $180,212 | 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 | 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 | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.starkfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Clyde V McKee III | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4098833513 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 W Green | AddressLine1Txt |
| City | Orange | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 776305718 | 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 | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| 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 (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| Rob Clark | |||||||
| 601 Green Ave | Orange | TX | 776305718 | Chair | 3.00 | $15,000 | |
| Al Granger | |||||||
| 601 Green Ave | Orange | TX | 776305718 | Vice Chair | 2.00 | $15,000 | |
| Laurence R David | |||||||
| 601 Green Ave | Orange | TX | 776305718 | Director | 2.00 | $2,500 | |
| Deborah Hughes | |||||||
| 601 Green Ave | Orange | TX | 776305718 | Director | 2.00 | $15,000 | |
| David Jones | |||||||
| 601 Green Ave | Orange | TX | 776305718 | Director | 2.00 | $15,000 | |
| W G Riedel III | |||||||
| 601 Green Ave | Orange | TX | 776305718 | Director | 2.00 | $15,000 | |
| Clyde V McKee III | |||||||
| 601 Green Ave | Orange | TX | 776305718 | President & CEO | 40.00 | $311,719 | $21,253 |
| Jennifer L Staton | |||||||
| 601 Green Ave | Orange | TX | 776305718 | VP/CFO/Tres | 40.00 | $265,726 | $26,336 |
| Phyllis Woodford | |||||||
| 601 Green Ave | Orange | TX | 776305718 | Secretary | 40.00 | $88,136 | $16,087 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| Jennifer Barroeta | |||||||
| 601 Green Ave | Orange | TX | 776305718 | HR Manager | 40.00 | $158,360 | $30,275 |
| Franklin Harris | |||||||
| 601 Green Ave | Orange | TX | 776305718 | Cf Ppty Ofcr | 40.00 | $149,386 | $85 |
| Rick J Lewandowski | |||||||
| 601 Green Ave | Orange | TX | 776305718 | ShangriLa Dir | 40.00 | $139,149 | $39,384 |
| Katrina Nelson-Thomas | |||||||
| 601 Green Ave | Orange | TX | 776305718 | Arts/Hist Dir | 40.00 | $131,650 | $28,696 |
| Michael Brister | |||||||
| 601 Green Ave | Orange | TX | 776305718 | IT Manager | 40.00 | $115,990 | $30,409 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 46 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Honeywell Building Solutions | |||||
| 1985 Douglas Drive North | Golden Valley | MN | 55422 | Bldg Maint/Construct | $976,552 |
| Richard Bernstein Advisors | |||||
| 1251 6th Avenue | New York | NY | 10020 | Investment Management | $452,947 |
| GCM Grosvenor | |||||
| 767 5th Avenue 14th Floor | New York | NY | 10153 | Investment Management | $369,853 |
| Schaffer Cullen Capital Management | |||||
| 645 5th Ave Ste 1201 | New York | NY | 10022 | Investment Management | $164,643 |
| UBS Financial Services Inc | |||||
| 1285 Avenue of the Americas | New York | NY | 10019 | Investment Management | $645,401 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 2 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Stark Museum of Art - Schedule Attached | Description1Txt |
| Expenses1 | $3,299,166 | Expenses1Amt |
| Description2 | W. H. Stark House - Schedule Attached | Description2Txt |
| Expenses2 | $785,500 | Expenses2Amt |
| Description3 | Lutcher Theater - Schedule Attached | Description3Txt |
| Expenses3 | $2,334,474 | Expenses3Amt |
| Description4 | Shangri La Botanical Gardens and Nature Center - Schedule Attached | Description4Txt |
| Expenses4 | $5,499,837 | Expenses4Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $238,939,569 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,256,009 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $101,137,435 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $343,333,013 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $343,333,013 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,149,995 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $338,183,018 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $16,909,151 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $12,298,287 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $853,839 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $13,152,126 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $13,152,126 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2011-10-17 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $5,264,981 | CurrentYearAmt |
| Year1 | $11,582,547 | Year1Amt |
| Year2 | $12,738,705 | Year2Amt |
| Year3 | $9,536,409 | Year3Amt |
| Total | $39,122,642 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $4,475,234 | CurrentYearAmt |
| Year1 | $9,845,165 | Year1Amt |
| Year2 | $10,827,899 | Year2Amt |
| Year3 | $8,105,948 | Year3Amt |
| Total | $33,254,246 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $13,152,126 | CurrentYearAmt |
| Year1 | $13,284,081 | Year1Amt |
| Year2 | $15,532,289 | Year2Amt |
| Year3 | $15,668,683 | Year3Amt |
| Total | $57,637,179 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $851,384 | CurrentYearAmt |
| Year1 | $604,303 | Year1Amt |
| Year2 | $607,230 | Year2Amt |
| Year3 | $794,947 | Year3Amt |
| Total | $2,857,864 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $12,300,742 | CurrentYearAmt |
| Year1 | $12,679,778 | Year1Amt |
| Year2 | $14,925,059 | Year2Amt |
| Year3 | $14,873,736 | Year3Amt |
| Total | $54,779,315 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $11,272,767 | CurrentYearAmt |
| Year1 | $11,116,341 | Year1Amt |
| Year2 | $11,449,729 | Year2Amt |
| Year3 | $11,241,403 | Year3Amt |
| Total | $45,080,240 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Lamar State College - Orange | |||||||
| 418 Green Avenue | Orange | TX | 77630 | N/A | GOV | To fund a Stark scholarship program administered by Lamar State College - Orange | $100,000 |
| Orange Co Comm Partners for Childre | |||||||
| 4446 Gilbert Dr | Orange | TX | 77632 | N/A | PC | To stock the Rainbow Room in Orange with emergency food, clothing and toys | $5,000 |
| Orange County Sheriff's Office | |||||||
| PO Box 1468 | Orange | TX | 77631 | N/A | GOV | Funds for the Blue Santa Program serving children in need during Christmas | $7,500 |
| Southeast Texas Food Bank Inc | |||||||
| 3845 S Martin Luther King Jr Parkwa | Beaumont | TX | 77705 | N/A | PC | Food Backpack Program to provide weekend food for indigent children | $25,000 |
| Southeast Texas Food Bank Inc | |||||||
| 3845 S Martin Luther King Jr Parkwa | Beaumont | TX | 77705 | N/A | PC | Funds to stock food supplies | $115,000 |
| The University of Texas at Austin | |||||||
| P O Box 7458 | Austin | TX | 78713 | N/A | GOV | Funding for the Stark Center for Physical Sports and Culture on the UT campus | $300,000 |
| United Way of Orange County | |||||||
| PO Box 1583 | Orange | TX | 77631 | N/A | PC | Funds to support 22 area agencies | $100,000 |
| Little Cypress - Mauriceville CISD | |||||||
| 7327 Hwy 87 North | Orange | TX | 77632 | N/A | GOV | To purchase clothing for indigent school children | $2,000 |
| Orangefield ISD | |||||||
| PO Box 228 | Orangefield | TX | 77639 | N/A | GOV | To purchase clothing for indigent school children | $2,000 |
| Vidor ISD | |||||||
| 120 E Bolivar | Vidor | TX | 77662 | N/A | GOV | To purchase clothing for indigent school children | $2,000 |
| West Orange - Cove CISD | |||||||
| PO Box 1107 | Orange | TX | 77631 | N/A | GOV | To purchase clothing for indigent school children | $2,000 |
| Orange County Disaster Rebuild | |||||||
| 123 S 6th Street | Orange | TX | 77632 | N/A | PC | To provide assistance to individuals impacted by Hurricane Laura | $50,000 |
| Bridge City ISD | |||||||
| 1035 West Roundbunch | Bridge City | TX | 77611 | N/A | GOV | To purchase clothing for indigent school children | $2,000 |
| Deweyville ISD | |||||||
| PO Box 408 | Deweyville | TX | 77614 | N/A | GOV | To purchase clothing for indigent school children | $2,000 |
| Nutrition and Services for Seniors | |||||||
| 4590 Concord Rd | Beaumont | TX | 77703 | N/A | PC | To provide funding for the County's Meals on Wheels Program | $15,000 |
| Orange Christian Services | |||||||
| 2518 Park Ave | Orange | TX | 77630 | N/A | PC | To provide basic food items for indegent individuals | $20,000 |
| Orange Community Action Association | |||||||
| PO Box 728 | Orange | TX | 77631 | N/A | PC | Funds for Meals on Wheels program serving the Orange County area | $30,000 |
| Salvation Army | |||||||
| 1950 MLK Drive | Orange | TX | 77632 | N/A | PC | To provide food for destitute families | $20,000 |
| Connor Alexander | |||||||
| PO Box 7758 UT Station | Austin | TX | 78713 | None | I | Scholarship | $538 |
| Brayden Berry | |||||||
| PO Box 10183 | Beaumont | TX | 77710 | None | I | Scholarship | $2,000 |
| Brandon Curl | |||||||
| PO Box 7758 UT Station | Austin | TX | 78713 | None | I | Scholarship | $7,930 |
| Madison Day | |||||||
| PO Box 13052 | Nacogdoches | TX | 75962 | None | I | Scholarship | $6,680 |
| Vincent Hale | |||||||
| PO Box 30016 | College Station | TX | 77842 | None | I | Scholarship | $6,964 |
| Johnny Hall | |||||||
| 200 Dowman Drive | Atlanta | GA | 30322 | None | I | Scholarship | $5,500 |
| Ja'Coven Hinson | |||||||
| PO Box 1205 | Langston | OK | 73050 | None | I | Scholarship | $1,500 |
| Whitley Hoyland | |||||||
| PO Box 7758 UT Station | Austin | TX | 78713 | None | I | Scholarship | $3,101 |
| Elizabeth Johns | |||||||
| PO Box 1848 | University | MS | 38677 | None | I | Scholarship | $3,000 |
| Spencer Johns | |||||||
| PO Box 1848 | University | MS | 38677 | None | I | Scholarship | $1,060 |
| Madison Juneau | |||||||
| PO Box 311370 | Denton | TX | 76203 | None | I | Scholarship | $1,500 |
| Essence Landry | |||||||
| PO Box 42508 | Denton | TX | 76204 | None | I | Scholarship | $897 |
| Amber Martinez | |||||||
| PO Box 10183 | Beaumont | TX | 77710 | N/A | I | Scholarship | $1,462 |
| Claydra Rhodes | |||||||
| 31 E Cullen Bldg | Houston | TX | 77204 | N/A | I | Scholarship | $680 |
| Elijah John Ridout | |||||||
| 601 University Drive | San Marcos | TX | 78666 | None | Scholarship | $1,500 | |
| Carissa Slaughter | |||||||
| PO Box 10183 | Beaumont | TX | 77710 | None | I | Scholarship | $4,572 |
| Jadyn Stack | |||||||
| 902 College Avenue | Brenham | TX | 77833 | None | I | Scholarship | $1,500 |
| Randi Wallace | |||||||
| PO Box 10183 | Beaumont | TX | 77710 | None | I | Scholarship | $1,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $851,384 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Scholarship Awards | |||||||
| PO Drawer 909 | Orange | TX | 77631 | None | I | Scholarships | $52,000 |
| Orange Co Comm Partners for Childre | |||||||
| 4446 Gilbert Dr | Orange | TX | 77632 | N/A | PC | Funds to stock Rainbow Room | $5,000 |
| Lamar State College - Orange | |||||||
| 418 Green Avenue | Orange | TX | 77630 | N/A | GOV | Scholarship administered by LSCO | $800,000 |
| The University of Texas at Austin | |||||||
| PO Box 7458 | Austion | TX | 78713 | N/A | GOV | Fund operations for the Stark Center for Physical Culture & Sports | $300,000 |
| Julie Rogers Gift of Life Program | |||||||
| 148 S Dowlen Road | Beaumont | TX | 77707 | N/A | PC | To provide cancer screening for indigent individuals | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,182,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| Educational programs | $11,028 |
| Reproduction fees | $480 |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,272 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,194,164 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $3,800 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,605,226 | ExclusionAmt |
| Related Or Exempt Function Incm | -$46,617 | RelatedOrExemptFunctionIncmAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$3,550 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| K-1 income | 14 | $668,521 |
| Oil & gas royalties | 15 | $324,581 |
| Refunds/ins proceeds | 1 | $271,438 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $13,065,202 | ExclusionAmt |
| Related Or Exempt Function Incm | -$34,859 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $13,030,343 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1a | Both Shangri La Botanical Gardens and the Stark Museum of Art charge a materials fee for various educational workshops held throughout the year. These activities contribute importantly to the accomplishment of the Foundation's exempt educational purpose by stimulating and enhancing public awareness, interest, and appreciation for the varied educational programming offered by the SCV. |
| 1b | Photographs and color transparencies of objects in the collection are also sold and rented to individuals, researchers, universities, and publishing companies. These activities contribute importantly to the achievement of the awareness, interest, and appreciation of art and a broader segment of the public may be encouraged to visit the Museum to share in its educational functions and programs. Furthermore, these activities help preserve the art and help present the pieces for public viewing. |
| 5b | Rental of space at Shangri La Botanical Gardens encourages visitors to become aware about environmental issues and good environmental stewardship. |
| 10 | The Museum Book Store sells printed reproductions of items in the art collection and various items directly related to the collection. The Shangri La Caf offers a variety of sandwiches, salads, and drinks for the convenience of visitors. These activities contribute importantly to the achievement of the Foundation's exempt educational purpose by stimulating and enhancing public awareness, interest, and appreciation for the varied educational programming offered by the city. |
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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| International Paper | ||||||
| 1 | 812 Owens Illinois Rd | Orange | TX | 77632 | $17,800 | Yes (X) |
| Koch Industries | ||||||
| 2 | PO Box 2256 | Wichita | KS | 67201 | $6,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Independent audit/tax services | CategoryTxt |
| Amt | $23,590 | Amt |
| Net Investment Income | $6,318 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $6,318 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $17,272 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Buildings | PropertyDesc |
| Acquired | 2008-01-01 | AcquiredDt |
| Cost Or Other Basis | $73,101,732 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $31,666,333 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 25.0000 | LifeRt |
| Current Year Expense | $2,924,069 | CurrentYearExpenseAmt |
| Net Investment Income | $25,073 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $25,073 | AdjustedNetIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | Sale of charitable assets | AssetDesc |
| How Acquired | Purchase | HowAcquiredTxt |
| Gross Sales Price | $1,692 | GrossSalesPriceAmt |
| Basis | $48,309 | BasisAmt |
| Basis Method | Cost | BasisMethodTxt |
| Total Net | -$46,617 | TotalNetAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | General Explanation Supplemental Information for Form 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | 2020 Form 990-PF, Part VII-A, Line 11Statement regarding Controlled EntitiesThe entity below is an investment fund and is not a business enterprise, per IRC 4943(d)(3)(B).GCM Galaxy, SPCP.O. Box 309 Ugland HouseGrand Cayman, KY1-1104, Cayman IslandsEIN: 99-9999999 | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (14 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 92,500 shs iShares Core US Agg Bond ETF | $10,480,597 | $10,932,575 |
| 60,000 shs Vanguard ST Inflation PSI ETF | $3,062,888 | $3,066,000 |
| 174,689 shs Alpha Centric Inc Op Fd Cl I | $1,634,636 | $1,926,822 |
| 648,290 shs Doubleline Core Fixed Inc Fd | $7,247,419 | $7,338,645 |
| 573,274 shs Lord Abbeti Bond D Fd Cls F | $4,161,973 | $4,809,773 |
| 499,220 shs Pgim ST Corp Bond Cls Z | $5,286,393 | $5,716,073 |
| 196,597 shs Semper MBS Total Return FCI | $1,613,714 | $1,820,486 |
| 423,000 shs Bank of Amer Corp B/E | $447,168 | $483,277 |
| 437,000 shs Morgan Stanley B/E | $439,609 | $433,854 |
| 435,000 shs JPMorgan Chase B/E | $441,705 | $461,100 |
| 428,000 shs Wells Fargo & Co B/E | $440,219 | $485,245 |
| 430,000 shs JPMorgan Chase & Co B/E | $442,363 | $452,373 |
| 437,000 shs Citigroup Inc B/E | $441,916 | $454,209 |
| 450,000 shs Goldman Sachs Groupo Inc B/E | $465,885 | $476,064 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (119 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 177,850 shs Vanguard Total Stock Mkt ETF | $26,304,062 | $34,616,724 |
| 55,100 shs Vanguard Mid-Cap ETF | $9,466,257 | $11,393,027 |
| 26,400 shs Vanguard Mid-Cap Value ETF | $2,994,090 | $3,140,544 |
| 564,900 shs Vanguard FTSE AW EX-US ETF | $27,056,641 | $32,967,564 |
| 249,050 shs Vanguard Total World Stk ETF | $18,734,575 | $23,057,049 |
| 49,000 shs Vanguard Divid App ETF | $3,401,381 | $6,917,330 |
| 8,000 shs Bank of Amer Co 4.375% PS | $202,686 | $212,400 |
| 9,300 shs Capital One Fin Co 5.000% PS | $234,684 | $247,287 |
| 18,069 shs JPMorgan Chase SGG 4.750% PS | $454,074 | $500,692 |
| 18,000 shs Morgan Stanley 4.875% PS | $457,439 | $479,340 |
| 8,000 shs Wells Fargo & Co 4.700% PS | $200,795 | $211,040 |
| 12,055 shs Altria Group Inc | $674,114 | $494,255 |
| 17,465 shs Bank of Amer Corp | $530,900 | $529,364 |
| 9,220 shs BCE Inc New CAD | $389,710 | $394,616 |
| 11,720 shs Bristol Myers Squibb Co | $739,522 | $726,992 |
| 1,070 shs Broadcom Inc | $354,347 | $468,500 |
| 6,100 shs Chevron Corp | $730,810 | $515,145 |
| 4,466 shs CHUBB Ltd Chf | $708,048 | $687,407 |
| 12,835 shs CISCO Systems Inc | $706,680 | $574,366 |
| 40 shs Citigroup Inc | $1,898 | $2,466 |
| 16,205 shs Conagra Brands Inc | $601,097 | $587,593 |
| 9,660 shs Conocophillips | $460,205 | $386,303 |
| 10,273 shs Dow Inc | $534,957 | $570,152 |
| 7,582 shs Duke Energy Corp New | $677,467 | $694,208 |
| 7,483 shs Dupont de Nemours Inc | $589,223 | $532,116 |
| 6,278 shs Eaton Corp PLC | $713,110 | $754,239 |
| 13,035 shs Exxon Mobil Corp | $840,297 | $537,303 |
| 9,845 shs Genl Mills Inc | $551,931 | $578,886 |
| 6,014 shs Genuine Parts Co | $638,012 | $603,986 |
| 18,054 shs Healthpeak Pptys Inc | $561,232 | $545,772 |
| 14,640 shs Intel Corp | $822,031 | $729,365 |
| 15,073 shs Johnson Ctls Intl Plc | $619,608 | $702,251 |
| 5,467 shs JPMorgan Chase & Co | $611,182 | $694,692 |
| 2,288 shs Lowes Companies Inc | $377,975 | $367,247 |
| 5,547 shs Medtronic Plc | $576,398 | $649,776 |
| 7,115 shs Merck & Co Inc New Com | $604,461 | $582,007 |
| 7,800 shs Morgan Stanley | $473,295 | $534,534 |
| 6,970 shs Novartis Ag Sp Adr | $619,394 | $658,177 |
| 18,045 shs Pfizer inc | $713,788 | $664,236 |
| 7,900 shs Philip Morris Intl Inc | $620,595 | $654,041 |
| 23,275 shs PPL Corp | $693,917 | $656,355 |
| 9,846 shs Raytheon Tech Corp | $607,618 | $704,087 |
| 13,308 shs Truist Fin Corp | $679,252 | $637,852 |
| 13,470 shs Verizon Com Inc | $791,847 | $791,363 |
| 13,765 shs Walgreesn Boots Alliance Inc | $866,971 | $548,948 |
| 7,542 shs Welltower Inc Reit | $594,843 | $487,364 |
| 68,486 shs Energy Select SS Fd ETF | $2,789,343 | $2,595,619 |
| 41,331 shs Financial Select SS Fd ETF | $967,464 | $1,218,438 |
| 63,564 shs Health Care Select SS Fd ETF | $5,631,109 | $7,210,700 |
| 21,874 shs Industrial Select SS Fd ETF | $1,540,470 | $1,936,943 |
| 32,819 shs iShares Russell 2000 Val ETF | $3,830,458 | $4,323,903 |
| 3,998 shs iShares Transn Avg ETF | $632,694 | $881,719 |
| 87,116 shs iShares Global CS ETF | $4,218,588 | $5,077,120 |
| 49,376 shs iShares Global Materials ETF | $3,186,233 | $4,019,700 |
| 43,533 shs iShares MSCI EAFE Small Cap | $2,458,709 | $2,975,481 |
| 92,284 shs iShares MSCI China ETF | $6,002,217 | $7,472,236 |
| 190,581 shs iShares MSCI USA QF ETF | $16,127,450 | $22,147,418 |
| 292,887 shs iShares MSCI Intl QF ETF | $7,950,716 | $10,444,350 |
| 16,963 shs Kraneshares CSI China ETF | $654,766 | $1,302,589 |
| 18,941 shs Utilities Sector Sp Fd ETF | $1,135,880 | $1,187,601 |
| 85,705 shs Vanguard FTSE EU ETF | $4,767,107 | $5,162,869 |
| 17,036 shs Accel Entmt Inc | $180,816 | $172,064 |
| 15,793 shs Air Trans Svcs Group Inc | $362,321 | $494,953 |
| 16,764 shs Alpha & Omega Semiconductor | $187,017 | $396,301 |
| 14,417 shs Alpine Income Ppty | $236,663 | $216,111 |
| 5,223 shs Arrowhead Pharmaceuticals Inc | $247,100 | $400,761 |
| 4,934 shs AZZ Inc | $158,835 | $234,069 |
| 18,062 shs Caesarstone Ltd Ils | $201,642 | $232,819 |
| 18,171 shs Calyxt Inc | $110,507 | $76,682 |
| 28,821 shs Catchmark Timber Trust Inc | $280,048 | $269,764 |
| 56,342 shs CBDMD Inc | $164,918 | $166,209 |
| 10,145 shs CEVA Inc | $351,836 | $461,598 |
| 3,486 shs Chesapeake Utilities Crp | $304,282 | $377,220 |
| 79,870 shs Chromadex Corp Com New | $370,570 | $383,376 |
| 13,932 shs Comtech Telecom Corp New | $307,973 | $288,253 |
| 16,529 shs Cons Water Ltd | $246,840 | $199,174 |
| 8,129 shs CTS Corp | $173,858 | $279,069 |
| 5,719 shs DMC Global Inc Com | $197,525 | $247,347 |
| 8,720 shs Douglas Dynamics Inc Com | $374,295 | $372,954 |
| 4,301 shs ePlus | $333,630 | $378,273 |
| 20,974 shs Farmland Partners Inc | $142,646 | $182,474 |
| 7,107 shs Fathom Holdings Inc | $113,737 | $256,136 |
| 7,873 shs Flexsteel Indust Inc | $102,495 | $275,319 |
| 25,427 shs Fly Leasing Ltd Sp Adr | $287,278 | $250,456 |
| 11,698 shs Glatfelter Corp | $176,815 | $191,613 |
| 37,396 shs Harrow Health Inc | $219,394 | $256,537 |
| 2,849 shs Herc Holdings Inc | $108,908 | $189,202 |
| 1,289 shs Innovative Indl Pptys Inc | $109,085 | $236,054 |
| 5,203 shs Kornit Digital Ltd Ils | $218,526 | $463,743 |
| 8,658 shs Kraton Corp | $170,828 | $240,606 |
| 2,732 shs Materion Corp | $162,620 | $174,083 |
| 6,347 shs MGP Ingredients Inc New Com | $267,976 | $298,690 |
| 13,652 shs Napco Security Technologies | $320,928 | $357,955 |
| 14,782 shs Neogenomics Inc New | $439,820 | $795,863 |
| 10,182 shs Nexpoint Real Estate Fin Inc | $170,517 | $168,207 |
| 5,250 shs Oil Dri Corp | $186,633 | $178,920 |
| 6,477 shs Ontrak Inc | $158,418 | $400,214 |
| 5,698 shs Physicians Realty Trust SBI | $87,451 | $101,424 |
| 8,306 shs Postal Realty Trust Inc Cl A | $109,502 | $140,205 |
| 25,137 shs Radius Global Infrastrctre | $250,229 | $323,010 |
| 141,494 shs Seelos Therapeutics Inc | $148,126 | $223,561 |
| 26,399 shs Sharps Compliance Corp | $183,971 | $249,470 |
| 23,491 shs Solaris Oilfield Infras Cl A | $221,639 | $191,217 |
| 4,239 shs Sunrun Inc | $122,305 | $294,102 |
| 29,280 shs Transact Technologies Inc | $167,714 | $207,888 |
| 12,468 shs USA Tech Inc New 2006 | $86,096 | $130,665 |
| 22,397 shs Veritone Inc | $177,493 | $637,195 |
| 9,434 shs Vishay Precision Group Inc | $270,526 | $296,982 |
| 29,943 shs ZIX Corp | $188,939 | $258,408 |
| 13,406 shs CBDMD Inc 8% CNV PFD SR A | $100,180 | $103,963 |
| Call Conagra Brands Inc | $8,100 | $6,480 |
| Call Pfizer Inc | $2,500 | $100 |
| Call Dupont de Nemours I | $3,382 | $2,318 |
| Call Raytheon Tech | $2,250 | $2,350 |
| Call Morgan Stanley | $5,772 | $5,811 |
| Call CHUBB Ltd Chf | $15,403 | $10,560 |
| Call Dow Inc | $4,280 | $3,380 |
| Call Johnson Ctls Intl | $3,420 | $2,356 |
| Call Bank of Amer Corp | $5,016 | $8,184 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Machinery and Equipment | $2,048 | $2,048 | ||
| Buildings | $548,921 | $244,974 | $303,947 | $387,300 |
| Land | $1,366,843 | $1,366,843 | $4,875,900 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AG Energy Credit Opp Offshore IV | AT COST | $5,215,757 | $5,030,589 |
| PRTF Adv Pvt Eqt FD 2017 | AT COST | $5,135,193 | $5,041,264 |
| PRTF Adv Pvt Eqt FD 2019 | AT COST | $2,268,665 | $2,340,149 |
| Pretium Residential Realt Est Fund II | AT COST | $1,364,697 | $1,781,464 |
| Strategic Ptnr Offshore VIII | AT COST | $1,122,995 | $1,220,472 |
| GCM Galazy Star and Crescent Fund | AT COST | $76,000,000 | $96,367,365 |
| Clover PCO Origination Feeder II | AT COST | $633,895 | $633,895 |
| Clover PCO Secondary Feeder II | AT COST | $522,991 | $522,991 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Machinery and Equipment | $6,474,834 | $5,061,505 | $1,413,329 | $4,418,296 |
| Buildings | $71,622,710 | $32,283,878 | $39,338,832 | $75,494,750 |
| Land | $6,726,980 | $6,726,980 | $6,726,980 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Routine legal work | CategoryTxt |
| Legal Fees | $104,201 | LegalFeesAmt |
| Net Investment Income | $495 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $495 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $103,706 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Objects of Art | Desc |
| BOY Book Value | $43,456,693 | BOYBookValueAmt |
| EOY Book Value | $43,458,623 | EOYBookValueAmt |
| EOYFMV | $185,000,000 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Prior period adjustment - Removal of art work | Desc |
| Amt | $2,625 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|
| Advertising | $81,109 | $81,109 | ||
| Auto/truck/tractor/carts | $35,440 | $35,440 | ||
| HR & payroll charges | $72,389 | $72,032 | $357 | $357 |
| Insurance | $1,014,380 | $987,679 | $26,702 | $26,702 |
| K-1 expenses | $55,379 | $55,379 | $55,379 | |
| Materials/repairs | $1,305,117 | $1,302,946 | $2,171 | $2,171 |
| Office supplies and expenses | $220,390 | $216,410 | $3,979 | $3,979 |
| Other expenses | $20,258 | $20,258 | ||
| Program materials & services | $900,208 | $900,208 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Educational programs | $11,028 | $11,028 | |
| K-1 income | $668,521 | $668,521 | $668,521 |
| Oil & gas royalties | $324,581 | $324,581 | $324,581 |
| Refunds/ins proceeds | $271,438 | $1,775 | |
| Reproduction fees | $480 | $480 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Consulting & appraisal services | $20,000 | $0 | $0 | $20,000 |
| Contracting & landscape services | $13,306 | $0 | $0 | $13,306 |
| Historical research | $18,579 | $0 | $0 | $18,579 |
| Investment management | $1,703,861 | $1,703,861 | $1,703,861 | $0 |
| Oil & gas consulting | $19,062 | $19,062 | $19,062 | $0 |
Sales Of Inventory List SalesOfInventoryList
Inventory Sale InventorySaleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Garden and Museum Stores | CategoryTxt |
| Gross Sales | $3,562 | GrossSalesAmt |
| Cost Of Goods Sold | $7,112 | CostOfGoodsSoldAmt |
| Net | -$3,550 | NetAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Ad valorem taxes | $43,311 | $43,311 | $43,311 | |
| Federal excise tax | $143,091 | $175,000 | ||
| Foreign tax | $9,494 | $9,075 | $9,075 | $419 |
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