2021-11-14T14:32:39-08:00 2020-12-31 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990PF 2020-01-01 746047440 Nelda C and HJ Lutcher Stark Foundation NELD 4098833513 601 Green Ave Orange TX 77630 Clyde V McKee III President & CEO 2021-11-14 true Clyde V McKee III 999009999 Kurt Coburn P01638285 7134395739 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z X 663039878 X 38610 1272 1272 1272 6194164 6194164 6194164 3800 3800 3800 3800 5558609 166189061 5605226 223234 3562 7112 -3550 -3550 1276048 993102 1006385 13068953 12797564 7425305 743081 210793 210793 532289 4393906 6920 4386986 2105015 44061 45099 2059916 104201 495 495 103706 23590 6318 6318 17272 1774808 1722923 1722923 51885 195896 52386 52386 175419 3167045 23592 23592 459864 2929 2929 456935 39582 281 281 39301 7112 7112 3704670 88588 88588 3616082 16718770 2152366 2160324 11446903 851384 851384 17570154 2152366 2160324 12298287 -4501201 10645198 5264981 1555 1555 1555 8040640 8678273 8683893 5521 87668 31252 31252 183068890 182887971 225625267 48731362 36606485 38856496 1917812 247022 1686933 1670790 5263200 82700276 92264193 112938189 84824524 37345383 49832400 47479141 86640026 43456693 43458623 185000000 417611938 413078283 663039878 240515 210686 240515 210686 X 417371423 417371423 412867597 417611938 413078283 417371423 -4501201 412870222 2625 412867597 Publicly traded securities 166186685 160578685 5608000 5608000 Sale of assets P 2020-01-01 2020-01-01 684 3458 -2774 -2774 5605226 -187265 147968 147968 147968 103180 225000 328180 X 180212 180212 false false false false false false false true true TX true true false true false true www.starkfoundation.org Clyde V McKee III 4098833513 601 W Green Orange TX 776305718 false false false false true false false false false false false false false false false true false false false false false false false Rob Clark 601 Green Ave Orange TX 776305718 Chair 3.00 15000 Al Granger 601 Green Ave Orange TX 776305718 Vice Chair 2.00 15000 Laurence R David 601 Green Ave Orange TX 776305718 Director 2.00 2500 Deborah Hughes 601 Green Ave Orange TX 776305718 Director 2.00 15000 David Jones 601 Green Ave Orange TX 776305718 Director 2.00 15000 W G Riedel III 601 Green Ave Orange TX 776305718 Director 2.00 15000 Clyde V McKee III 601 Green Ave Orange TX 776305718 President & CEO 40.00 311719 21253 Jennifer L Staton 601 Green Ave Orange TX 776305718 VP/CFO/Tres 40.00 265726 26336 Phyllis Woodford 601 Green Ave Orange TX 776305718 Secretary 40.00 88136 16087 Jennifer Barroeta 601 Green Ave Orange TX 776305718 HR Manager 40.00 158360 30275 Franklin Harris 601 Green Ave Orange TX 776305718 Cf Ppty Ofcr 40.00 149386 85 Rick J Lewandowski 601 Green Ave Orange TX 776305718 ShangriLa Dir 40.00 139149 39384 Katrina Nelson-Thomas 601 Green Ave Orange TX 776305718 Arts/Hist Dir 40.00 131650 28696 Michael Brister 601 Green Ave Orange TX 776305718 IT Manager 40.00 115990 30409 46 Honeywell Building Solutions 1985 Douglas Drive North Golden Valley MN 55422 Bldg Maint/Construct 976552 Richard Bernstein Advisors 1251 6th Avenue New York NY 10020 Investment Management 452947 GCM Grosvenor 767 5th Avenue 14th Floor New York NY 10153 Investment Management 369853 Schaffer Cullen Capital Management 645 5th Ave Ste 1201 New York NY 10022 Investment Management 164643 UBS Financial Services Inc 1285 Avenue of the Americas New York NY 10019 Investment Management 645401 2 Stark Museum of Art - Schedule Attached 3299166 W. H. Stark House - Schedule Attached 785500 Lutcher Theater - Schedule Attached 2334474 Shangri La Botanical Gardens and Nature Center - Schedule Attached 5499837 238939569 3256009 101137435 343333013 0 343333013 5149995 338183018 16909151 X 12298287 853839 13152126 13152126 2011-10-17 X 5264981 11582547 12738705 9536409 39122642 4475234 9845165 10827899 8105948 33254246 13152126 13284081 15532289 15668683 57637179 851384 604303 607230 794947 2857864 12300742 12679778 14925059 14873736 54779315 11272767 11116341 11449729 11241403 45080240 X 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 100000 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 5000 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 7500 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 25000 Southeast Texas Food Bank Inc 3845 S Martin Luther King Jr Parkwa Beaumont TX 77705 N/A PC Funds to stock food supplies 115000 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 300000 United Way of Orange County PO Box 1583 Orange TX 77631 N/A PC Funds to support 22 area agencies 100000 Little Cypress - Mauriceville CISD 7327 Hwy 87 North Orange TX 77632 N/A GOV To purchase clothing for indigent school children 2000 Orangefield ISD PO Box 228 Orangefield TX 77639 N/A GOV To purchase clothing for indigent school children 2000 Vidor ISD 120 E Bolivar Vidor TX 77662 N/A GOV To purchase clothing for indigent school children 2000 West Orange - Cove CISD PO Box 1107 Orange TX 77631 N/A GOV To purchase clothing for indigent school children 2000 Orange County Disaster Rebuild 123 S 6th Street Orange TX 77632 N/A PC To provide assistance to individuals impacted by Hurricane Laura 50000 Bridge City ISD 1035 West Roundbunch Bridge City TX 77611 N/A GOV To purchase clothing for indigent school children 2000 Deweyville ISD PO Box 408 Deweyville TX 77614 N/A GOV To purchase clothing for indigent school children 2000 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 15000 Orange Christian Services 2518 Park Ave Orange TX 77630 N/A PC To provide basic food items for indegent individuals 20000 Orange Community Action Association PO Box 728 Orange TX 77631 N/A PC Funds for Meals on Wheels program serving the Orange County area 30000 Salvation Army 1950 MLK Drive Orange TX 77632 N/A PC To provide food for destitute families 20000 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 2000 Brandon Curl PO Box 7758 UT Station Austin TX 78713 None I Scholarship 7930 Madison Day PO Box 13052 Nacogdoches TX 75962 None I Scholarship 6680 Vincent Hale PO Box 30016 College Station TX 77842 None I Scholarship 6964 Johnny Hall 200 Dowman Drive Atlanta GA 30322 None I Scholarship 5500 Ja'Coven Hinson PO Box 1205 Langston OK 73050 None I Scholarship 1500 Whitley Hoyland PO Box 7758 UT Station Austin TX 78713 None I Scholarship 3101 Elizabeth Johns PO Box 1848 University MS 38677 None I Scholarship 3000 Spencer Johns PO Box 1848 University MS 38677 None I Scholarship 1060 Madison Juneau PO Box 311370 Denton TX 76203 None I Scholarship 1500 Essence Landry PO Box 42508 Denton TX 76204 None I Scholarship 897 Amber Martinez PO Box 10183 Beaumont TX 77710 N/A I Scholarship 1462 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 1500 Carissa Slaughter PO Box 10183 Beaumont TX 77710 None I Scholarship 4572 Jadyn Stack 902 College Avenue Brenham TX 77833 None I Scholarship 1500 Randi Wallace PO Box 10183 Beaumont TX 77710 None I Scholarship 1500 851384 Scholarship Awards PO Drawer 909 Orange TX 77631 None I Scholarships 52000 Orange Co Comm Partners for Childre 4446 Gilbert Dr Orange TX 77632 N/A PC Funds to stock Rainbow Room 5000 Lamar State College - Orange 418 Green Avenue Orange TX 77630 N/A GOV Scholarship administered by LSCO 800000 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 300000 Julie Rogers Gift of Life Program 148 S Dowlen Road Beaumont TX 77707 N/A PC To provide cancer screening for indigent individuals 25000 1182000 Educational programs 11028 Reproduction fees 480 14 1272 14 6194164 3800 18 5605226 -46617 -3550 K-1 income 14 668521 Oil & gas royalties 15 324581 Refunds/ins proceeds 1 271438 13065202 -34859 13030343 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. false false false false false false false false false false X X 1 International Paper 812 Owens Illinois Rd Orange TX 77632 17800 X 2 Koch Industries PO Box 2256 Wichita KS 67201 6000 X Independent audit/tax services 23590 6318 6318 17272 Buildings 2008-01-01 73101732 31666333 SL 25.0000 2924069 25073 25073 Sale of charitable assets Purchase 1692 48309 Cost -46617 General Explanation Supplemental Information for Form 990-PF 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 92,500 shs iShares Core US Agg Bond ETF 10480597 10932575 60,000 shs Vanguard ST Inflation PSI ETF 3062888 3066000 174,689 shs Alpha Centric Inc Op Fd Cl I 1634636 1926822 648,290 shs Doubleline Core Fixed Inc Fd 7247419 7338645 573,274 shs Lord Abbeti Bond D Fd Cls F 4161973 4809773 499,220 shs Pgim ST Corp Bond Cls Z 5286393 5716073 196,597 shs Semper MBS Total Return FCI 1613714 1820486 423,000 shs Bank of Amer Corp B/E 447168 483277 437,000 shs Morgan Stanley B/E 439609 433854 435,000 shs JPMorgan Chase B/E 441705 461100 428,000 shs Wells Fargo & Co B/E 440219 485245 430,000 shs JPMorgan Chase & Co B/E 442363 452373 437,000 shs Citigroup Inc B/E 441916 454209 450,000 shs Goldman Sachs Groupo Inc B/E 465885 476064 177,850 shs Vanguard Total Stock Mkt ETF 26304062 34616724 55,100 shs Vanguard Mid-Cap ETF 9466257 11393027 26,400 shs Vanguard Mid-Cap Value ETF 2994090 3140544 564,900 shs Vanguard FTSE AW EX-US ETF 27056641 32967564 249,050 shs Vanguard Total World Stk ETF 18734575 23057049 49,000 shs Vanguard Divid App ETF 3401381 6917330 8,000 shs Bank of Amer Co 4.375% PS 202686 212400 9,300 shs Capital One Fin Co 5.000% PS 234684 247287 18,069 shs JPMorgan Chase SGG 4.750% PS 454074 500692 18,000 shs Morgan Stanley 4.875% PS 457439 479340 8,000 shs Wells Fargo & Co 4.700% PS 200795 211040 12,055 shs Altria Group Inc 674114 494255 17,465 shs Bank of Amer Corp 530900 529364 9,220 shs BCE Inc New CAD 389710 394616 11,720 shs Bristol Myers Squibb Co 739522 726992 1,070 shs Broadcom Inc 354347 468500 6,100 shs Chevron Corp 730810 515145 4,466 shs CHUBB Ltd Chf 708048 687407 12,835 shs CISCO Systems Inc 706680 574366 40 shs Citigroup Inc 1898 2466 16,205 shs Conagra Brands Inc 601097 587593 9,660 shs Conocophillips 460205 386303 10,273 shs Dow Inc 534957 570152 7,582 shs Duke Energy Corp New 677467 694208 7,483 shs Dupont de Nemours Inc 589223 532116 6,278 shs Eaton Corp PLC 713110 754239 13,035 shs Exxon Mobil Corp 840297 537303 9,845 shs Genl Mills Inc 551931 578886 6,014 shs Genuine Parts Co 638012 603986 18,054 shs Healthpeak Pptys Inc 561232 545772 14,640 shs Intel Corp 822031 729365 15,073 shs Johnson Ctls Intl Plc 619608 702251 5,467 shs JPMorgan Chase & Co 611182 694692 2,288 shs Lowes Companies Inc 377975 367247 5,547 shs Medtronic Plc 576398 649776 7,115 shs Merck & Co Inc New Com 604461 582007 7,800 shs Morgan Stanley 473295 534534 6,970 shs Novartis Ag Sp Adr 619394 658177 18,045 shs Pfizer inc 713788 664236 7,900 shs Philip Morris Intl Inc 620595 654041 23,275 shs PPL Corp 693917 656355 9,846 shs Raytheon Tech Corp 607618 704087 13,308 shs Truist Fin Corp 679252 637852 13,470 shs Verizon Com Inc 791847 791363 13,765 shs Walgreesn Boots Alliance Inc 866971 548948 7,542 shs Welltower Inc Reit 594843 487364 68,486 shs Energy Select SS Fd ETF 2789343 2595619 41,331 shs Financial Select SS Fd ETF 967464 1218438 63,564 shs Health Care Select SS Fd ETF 5631109 7210700 21,874 shs Industrial Select SS Fd ETF 1540470 1936943 32,819 shs iShares Russell 2000 Val ETF 3830458 4323903 3,998 shs iShares Transn Avg ETF 632694 881719 87,116 shs iShares Global CS ETF 4218588 5077120 49,376 shs iShares Global Materials ETF 3186233 4019700 43,533 shs iShares MSCI EAFE Small Cap 2458709 2975481 92,284 shs iShares MSCI China ETF 6002217 7472236 190,581 shs iShares MSCI USA QF ETF 16127450 22147418 292,887 shs iShares MSCI Intl QF ETF 7950716 10444350 16,963 shs Kraneshares CSI China ETF 654766 1302589 18,941 shs Utilities Sector Sp Fd ETF 1135880 1187601 85,705 shs Vanguard FTSE EU ETF 4767107 5162869 17,036 shs Accel Entmt Inc 180816 172064 15,793 shs Air Trans Svcs Group Inc 362321 494953 16,764 shs Alpha & Omega Semiconductor 187017 396301 14,417 shs Alpine Income Ppty 236663 216111 5,223 shs Arrowhead Pharmaceuticals Inc 247100 400761 4,934 shs AZZ Inc 158835 234069 18,062 shs Caesarstone Ltd Ils 201642 232819 18,171 shs Calyxt Inc 110507 76682 28,821 shs Catchmark Timber Trust Inc 280048 269764 56,342 shs CBDMD Inc 164918 166209 10,145 shs CEVA Inc 351836 461598 3,486 shs Chesapeake Utilities Crp 304282 377220 79,870 shs Chromadex Corp Com New 370570 383376 13,932 shs Comtech Telecom Corp New 307973 288253 16,529 shs Cons Water Ltd 246840 199174 8,129 shs CTS Corp 173858 279069 5,719 shs DMC Global Inc Com 197525 247347 8,720 shs Douglas Dynamics Inc Com 374295 372954 4,301 shs ePlus 333630 378273 20,974 shs Farmland Partners Inc 142646 182474 7,107 shs Fathom Holdings Inc 113737 256136 7,873 shs Flexsteel Indust Inc 102495 275319 25,427 shs Fly Leasing Ltd Sp Adr 287278 250456 11,698 shs Glatfelter Corp 176815 191613 37,396 shs Harrow Health Inc 219394 256537 2,849 shs Herc Holdings Inc 108908 189202 1,289 shs Innovative Indl Pptys Inc 109085 236054 5,203 shs Kornit Digital Ltd Ils 218526 463743 8,658 shs Kraton Corp 170828 240606 2,732 shs Materion Corp 162620 174083 6,347 shs MGP Ingredients Inc New Com 267976 298690 13,652 shs Napco Security Technologies 320928 357955 14,782 shs Neogenomics Inc New 439820 795863 10,182 shs Nexpoint Real Estate Fin Inc 170517 168207 5,250 shs Oil Dri Corp 186633 178920 6,477 shs Ontrak Inc 158418 400214 5,698 shs Physicians Realty Trust SBI 87451 101424 8,306 shs Postal Realty Trust Inc Cl A 109502 140205 25,137 shs Radius Global Infrastrctre 250229 323010 141,494 shs Seelos Therapeutics Inc 148126 223561 26,399 shs Sharps Compliance Corp 183971 249470 23,491 shs Solaris Oilfield Infras Cl A 221639 191217 4,239 shs Sunrun Inc 122305 294102 29,280 shs Transact Technologies Inc 167714 207888 12,468 shs USA Tech Inc New 2006 86096 130665 22,397 shs Veritone Inc 177493 637195 9,434 shs Vishay Precision Group Inc 270526 296982 29,943 shs ZIX Corp 188939 258408 13,406 shs CBDMD Inc 8% CNV PFD SR A 100180 103963 Call Conagra Brands Inc 8100 6480 Call Pfizer Inc 2500 100 Call Dupont de Nemours I 3382 2318 Call Raytheon Tech 2250 2350 Call Morgan Stanley 5772 5811 Call CHUBB Ltd Chf 15403 10560 Call Dow Inc 4280 3380 Call Johnson Ctls Intl 3420 2356 Call Bank of Amer Corp 5016 8184 Machinery and Equipment 2048 2048 Buildings 548921 244974 303947 387300 Land 1366843 1366843 4875900 AG Energy Credit Opp Offshore IV AT COST 5215757 5030589 PRTF Adv Pvt Eqt FD 2017 AT COST 5135193 5041264 PRTF Adv Pvt Eqt FD 2019 AT COST 2268665 2340149 Pretium Residential Realt Est Fund II AT COST 1364697 1781464 Strategic Ptnr Offshore VIII AT COST 1122995 1220472 GCM Galazy Star and Crescent Fund AT COST 76000000 96367365 Clover PCO Origination Feeder II AT COST 633895 633895 Clover PCO Secondary Feeder II AT COST 522991 522991 Machinery and Equipment 6474834 5061505 1413329 4418296 Buildings 71622710 32283878 39338832 75494750 Land 6726980 6726980 6726980 Routine legal work 104201 495 495 103706 Objects of Art 43456693 43458623 185000000 Prior period adjustment - Removal of art work 2625 Advertising 81109 81109 Auto/truck/tractor/carts 35440 35440 HR & payroll charges 72389 357 357 72032 Insurance 1014380 26702 26702 987679 K-1 expenses 55379 55379 55379 Materials/repairs 1305117 2171 2171 1302946 Office supplies and expenses 220390 3979 3979 216410 Other expenses 20258 20258 Program materials & services 900208 900208 Educational programs 11028 11028 K-1 income 668521 668521 668521 Oil & gas royalties 324581 324581 324581 Refunds/ins proceeds 271438 1775 Reproduction fees 480 480 Consulting & appraisal services 20000 0 0 20000 Contracting & landscape services 13306 0 0 13306 Historical research 18579 0 0 18579 Investment management 1703861 1703861 1703861 0 Oil & gas consulting 19062 19062 19062 0 Garden and Museum Stores 3562 7112 -3550 Ad valorem taxes 43311 43311 43311 Federal excise tax 143091 175000 Foreign tax 9494 9075 9075 419