MARY K AND CLIFFORD GRUM FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MARY K AND CLIFFORD GRUM FOUNDATION (EIN 75-6454067)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2020-11-10
- IRS object ID
- 202033159349100933
- Schema version
- 2019v5.0
- 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
- 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 | 2020-11-10T11:34:37-06:00 | ReturnTs |
| Tax Period End | 2020-06-30 | 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 | 2019-07-01 | 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 | 2020-11-05 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT G LINDSEY PC CPA | PreparerPersonNm |
| PTIN | P00045820 | PTIN |
| Phone | 9366346621 | PhoneNum |
| Preparation | 2020-11-05 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 52.38.98.93 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-10 | IPDt |
| IP Tm | 11:34:37 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 14C02340E4D1D32A31771CECBC3422DF70D00C23 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F83BEDAF9DDD11076423C8FC510D8139F044A6EF | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $48,960,304 | 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 | $720,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,954 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,954 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,868,334 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,839,709 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$824,353 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,292,682 | GrossSalesPriceAmt |
| Total Rev And Expnss | $1,765,935 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,841,663 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $3,725 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,862 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,863 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $92,671 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $58,835 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $33,836 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $35,653 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $86 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $11,001 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,521 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $76 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $143,050 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $63,304 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $35,775 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,865,900 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,865,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,008,950 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $63,304 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,901,675 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$243,015 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,778,359 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,368,070 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,744,790 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,744,790 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $16,232 | PrepaidExpensesBOYAmt |
| US Government Obligations BOY | $486,395 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,983,105 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,012,387 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $30,026,555 | CorporateStockBOYAmt |
| Corporate Stock EOY | $27,390,298 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $32,114,703 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,417,775 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,951,608 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $12,087,868 | OtherInvestmentsEOYFMVAmt |
| Other Assets EOY | $556 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $556 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $41,315,027 | TotalAssetsBOYAmt |
| Total Assets EOY | $41,070,357 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $48,960,304 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $12,222 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $10,567 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $12,222 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,567 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $40,417,290 | CapitalStockBOYAmt |
| Capital Stock EOY | $41,137,290 | CapitalStockEOYAmt |
| Retained Earning BOY | $885,515 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$77,500 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $41,302,805 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $41,059,790 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $41,315,027 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $41,070,357 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $41,302,805 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$243,015 | ExcessRevenueOverExpensesAmt |
| Subtotal | $41,059,790 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $41,059,790 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (47 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|
| LONG TERM CAPITAL GAINS | P | 2020-06-30 | $314,970 | $314,970 | $314,970 | |
| 7,000 GULF COAST ULTRA DEEP | P | 2019-09-25 | $199 | -$676 | -$676 | $875 |
| 7,000 GULF COAST ULTRA DEEP | P | 2019-12-05 | $160 | -$715 | -$715 | $875 |
| 151,000 BANK OF AMERICA | P | 2020-06-25 | $151,000 | $151,000 | ||
| 5,000 SKYWORKS SOLUTIONS | P | 2019-07-05 | $401,297 | $13,197 | $13,197 | $388,100 |
| 248,000 SUMMONS BANK | P | 2019-09-26 | $248,000 | $248,000 | ||
| 6,000 GULF COAST ULTRA DEEP | P | 2019-12-11 | $137 | -$613 | -$613 | $750 |
| NET LONG TERM CAP GAIN - K1 | P | 2019-12-31 | $50,999 | $50,999 | $50,999 | |
| 5,000 QUICKLOGIC CORP | P | 2019-07-08 | $2,707 | -$3,743 | -$3,743 | $6,450 |
| 8,000 GULF COAST ULTRA DEEP | P | 2019-09-26 | $228 | -$772 | -$772 | $1,000 |
| ACADEMIC PARTNERSHIPS LLC - MERGER | P | 2019-12-16 | $2,239,154 | $483,220 | $483,220 | $1,755,934 |
| 5,000 TUPPERWARE BRANDS | P | 2019-07-08 | $93,717 | -$172,433 | -$172,433 | $266,150 |
| 5,000 CONOCOPHILLIPS COM | P | 2019-10-01 | $289,573 | $9,528 | $9,528 | $280,045 |
| 5,750 GULF COAST ULTRA DEEP | P | 2019-12-16 | $131 | -$588 | -$588 | $719 |
| 5,000 TUPPERWARE BRANDS | P | 2019-07-11 | $86,627 | -$179,523 | -$179,523 | $266,150 |
| 7,500 INTEL CORP | P | 2019-10-01 | $381,770 | $107,195 | $107,195 | $274,575 |
| 250,000 SAFRA BANK | P | 2020-03-19 | $250,000 | $250,000 | ||
| 5,000 TUPPERWARE BRANDS | P | 2019-07-12 | $88,302 | -$177,848 | -$177,848 | $266,150 |
| 248,000 BEAL BANK | P | 2019-10-09 | $248,000 | $248,000 | ||
| 249,000 SAFRA BANK | P | 2020-04-03 | $249,000 | $249,000 | ||
| 5,000 TUPPERWARE BRANDS | P | 2019-07-17 | $88,209 | -$177,941 | -$177,941 | $266,150 |
| 5,000 CONOCOPHILLIPS COM | P | 2019-10-15 | $278,116 | -$1,929 | -$1,929 | $280,045 |
| ACADEMIC PARTNERSHIPS LLC - TRUE UP | P | 2020-04-13 | $69,349 | $69,349 | $69,349 | |
| 3,000 TUPPERWARE BRANDS | P | 2019-07-24 | $53,867 | -$105,853 | -$105,853 | $159,720 |
| 6,000 GULF COAST ULTRA DEEP | P | 2019-10-28 | $199 | -$551 | -$551 | $750 |
| 248,000 BANK UNITED NATL ASSN | P | 2020-05-29 | $248,000 | $248,000 | ||
| 5,000 TUPPERWARE BRANDS | P | 2019-07-29 | $74,932 | -$191,268 | -$191,268 | $266,200 |
| 6,000 GULF COAST ULTRA DEEP | P | 2019-10-30 | $194 | -$556 | -$556 | $750 |
| 248,000 BMO HARRIS | P | 2020-06-01 | $248,000 | $248,000 | ||
| 5,000 GULF COAST ULTRA DEEP | P | 2019-07-30 | $142 | -$483 | -$483 | $625 |
| 248,000 US TREASURY | P | 2019-10-31 | $248,000 | $3,051 | $3,051 | $244,949 |
| 248,000 BANK OF HOPE | P | 2020-06-04 | $248,000 | $248,000 | ||
| 5,000 TUPPERWARE BRANDS | P | 2019-08-01 | $75,124 | -$191,076 | -$191,076 | $266,200 |
| 6,000 GULF COAST ULTRA DEEP | P | 2019-11-01 | $188 | -$562 | -$562 | $750 |
| 2,000 FREEPORT - MCMORAN | P | 2020-06-05 | $20,323 | -$6,677 | -$6,677 | $27,000 |
| 5,000 KANSAS CITY SOUTHERN | P | 2019-08-21 | $611,252 | $180,802 | $180,802 | $430,450 |
| 6,000 GULF COAST ULTRA DEEP | P | 2019-11-06 | $182 | -$568 | -$568 | $750 |
| 3,000 TUPPERWARE BRANDS | P | 2020-06-05 | $11,733 | -$147,987 | -$147,987 | $159,720 |
| 5,000 TUPPERWARE BRANDS | P | 2019-09-09 | $67,606 | -$198,594 | -$198,594 | $266,200 |
| 5,000 TUPPERWARE BRANDS | P | 2019-11-08 | $49,058 | -$217,142 | -$217,142 | $266,200 |
| RAND CAP CORP - FRAC SHARES | P | 2020-06-09 | $10 | -$5 | -$5 | $15 |
| 25,500 HAYES CO TX | P | 2019-09-15 | $255,000 | -$7 | -$7 | $255,007 |
| 6,000 GULF COAST ULTRA DEEP | P | 2019-11-26 | $157 | -$593 | -$593 | $750 |
| 5,000 TUPPERWARE BRANDS | P | 2020-06-09 | $28,899 | -$237,301 | -$237,301 | $266,200 |
| 6,000 GULF COAST ULTRA DEEP | P | 2019-09-23 | $171 | -$579 | -$579 | $750 |
| 370,000 US TREASURY | P | 2019-12-02 | $370,000 | $1,951 | $1,951 | $368,049 |
| 31512.605 FEDERATED STRATEGIC VALUE | P | 2020-06-19 | $150,000 | -$42,032 | -$42,032 | $192,032 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$824,353 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,134,737 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $40,706,739 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.077008 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,197,070 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $10,734,332 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.111518 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $252,730 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $5,154,486 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049031 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,035,292 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,890,877 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.547519 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $96,050 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $841,307 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.114168 | DistributionYr5Rt |
| Total Distribution | 0.899244 | TotalDistributionRt |
| Average Distribution | 0.179849 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $50,170,827 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $9,023,173 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $17,784 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $9,040,957 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,901,675 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $35,567 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $35,567 | SubtotalAmt |
| Tax Based On Investment Income | $35,567 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $25,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $25,000 | TotalPaymentsAndCreditsAmt |
| Tax Due | $10,567 | 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 | $45,861,663 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,055,067 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $18,120 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $50,934,850 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $50,934,850 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $764,023 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $50,170,827 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,508,541 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,508,541 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $35,567 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $35,567 | TotalTaxAmt |
| Distributable Before Adj | $2,472,974 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,472,974 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,472,974 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,901,675 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,901,675 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,901,675 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,472,974 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $61,252 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $972,114 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $694,393 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,124,305 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,852,064 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,901,675 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,901,675 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $571,299 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $571,299 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,280,765 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $2,280,765 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $462,067 | ExcessFromYear4Amt |
| Excess From Year2 | $694,393 | ExcessFromYear2Amt |
| Excess From Year1 | $1,124,305 | ExcessFromYear1Amt |
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 (16 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 | $350,000 | |
| BACKSIDE BENEVOLENCE FUND | ||||||||
| 1196 CATTLEMENS TRAIL | BENTON | LA | 71006 | NONE | PC | GENERAL OPERATIONS | $1,000 | |
| BUCKNER FAMILY PLACE | ||||||||
| 3402 DANIEL MCCALL DR | LUFKIN | TX | 75904 | NONE | PC | GENERAL OPERATIONS | $5,500 | |
| CHO YEH CAMP & CONFERENCE | ||||||||
| 2200 S WASHINGTON AVE | LIVINGSTON | TX | 77351 | NONE | PC | GENERAL OPERATIONS | $105,000 | |
| FIRST PRESBYTERIAN CHURCH | ||||||||
| 607 JANEWAY AVE | LUFKIN | TX | 75901 | NONE | PC | GENERAL OPERATIONS | $317,000 | |
| MEDICAL BENEVOLENCE FOUNDATION | ||||||||
| 9555 W SAM HOUSTON PKWY S | HOUSTON | TX | 77099 | NONE | PC | GENERAL OPERATIONS | $400,000 | STE 170 |
| MOSAIC CENTER | ||||||||
| 601 N FIRST ST | LUFKIN | TX | 75901 | NONE | PC | GENERAL OPERATIONS | $5,000 | |
| NATIONAL MUSEUM OF RACING & HALL OF | ||||||||
| 191 UNION AVE | SARATOGA SPRINGS | NY | 12866 | NONE | PC | GENERAL OPERATIONS | $1,000 | |
| 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 | $82,400 | |
| PRESBYTERIAN PAN AMERICAN SCHOOL | ||||||||
| 223 N FM 772 | KINGSVILLE | TX | 78363 | NONE | PC | GENERAL OPERATIONS | $1,000 | |
| 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 | $15,000 | |
| THOROUGHBRED RETIREMENT FOUNDATION | ||||||||
| 10 LAKE AVE | SARATOGA SPRINGS | NY | 12866 | NONE | PC | GENERAL OPERATIONS | $30,000 | |
| WINNIE BERRY HUMANE SOCIETY | ||||||||
| 1102 N JOHN REDDITT DR | LUFKIN | TX | 75904 | NONE | PC | GENERAL OPERATIONS | $2,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,865,900 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,954 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,868,334 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$824,353 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,045,935 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,045,935 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | CLIFFORD J GRUM ESTATE | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 152020 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75915 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $720,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AXLEY & RODE, LLP | CategoryTxt |
| Amt | $3,725 | Amt |
| Net Investment Income | $1,862 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,863 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (31 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 9000 AT&T INC | $379,080 | $272,070 |
| 10000 CONOCOPHILLIPS | $518,250 | $420,200 |
| 20000 DEVON ENERGY CORP | $942,800 | $226,800 |
| 15710.836 DODGE & COX FUNDS | $640,000 | $558,677 |
| 9934.913 EMERGING MARKETS CORE | $207,500 | $185,485 |
| 550896.28 FEDERATED STRATEGIC | $3,261,290 | $2,556,159 |
| 23726.636 FIDELITY CONTRAFUND | $307,500 | $354,001 |
| 15449.334 FIDELITY MT VERNON | $307,500 | $408,944 |
| 67496 FIRST FINL BANKSHARES | $1,506,426 | $1,949,960 |
| 8000 FREEPORT-MCMORAN INC | $108,000 | $92,560 |
| 13000 GENERAL ELECTRIC | $325,841 | $88,790 |
| 74750 GULF COAST ULTRA DEEP | ||
| 466845 ILUMNO HOLDINGS | $2,731,043 | $2,661,017 |
| 7500 INTEL CORP | ||
| 193368.764 JACOB MICRO CAP | $2,069,046 | $4,497,758 |
| 142907.654 JACOB SMALL CAP | $2,530,895 | $3,734,177 |
| 5000 KANSAS CITY SOUTHERN | ||
| 5000 QUICKLOGIC CORP | ||
| 47801 RAND CAP CORP | $1,282,071 | $524,377 |
| 4030.243 REAL ESTATE SECURITIES | $157,500 | $142,348 |
| 5000 SKYWORKS SOLUTIONS | ||
| 316255 SOUTHSIDE BANCSHARES INC | $5,274,617 | $8,766,589 |
| 6215.586 T ROWE PRICE MID CAP | $565,000 | $581,903 |
| 3000 TEVA PHAMACEUTICAL | $109,905 | $36,990 |
| 7063 TUPPERWARE BRANDS | $376,034 | $33,549 |
| 8715.935 VAN SMALL CAP | $565,000 | $612,120 |
| 5968.854 VANG WORLD FD INTL | $565,000 | $689,462 |
| 4536.182 VAGUARD EMERGING MKT | $157,500 | $150,737 |
| 3457.779 VANGUARD EXTENDED MKT | $307,500 | $310,543 |
| 6451.876 VANGUARD 500 INDEX | $1,745,000 | $1,845,817 |
| 6104.032 VG EQUITY INCOME | $450,000 | $413,670 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,400,158 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,409,231 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $582,947 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $603,156 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (39 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 150000 AMERICAN EXPRESS BANK | AT COST | $150,000 | $154,738 |
| 284000 AXOS BANK 1.55% | AT COST | $284,000 | $290,674 |
| 248000 BANCCENTRAL NATL CD 2.55% | AT COST | $248,000 | $251,782 |
| 248000 BANK OF HOPE CD 2.45% | AT COST | ||
| 245000 BANK OF THE WEST 1.55% | AT COST | $245,000 | $247,381 |
| 245000 BANK OZK 1.70% | AT COST | $245,000 | $247,573 |
| 248000 BANKUNITED NATL CD 2.45% | AT COST | ||
| 248000 BEAL BANK CD 2.5% | AT COST | ||
| 248000 BMO HARRIS BK CD 2.5% | AT COST | ||
| 248000 CAPITAL ONE BANK CD 2.10% | AT COST | $248,000 | $253,230 |
| 248000 CENTERSTATE BANK 2.10% | AT COST | $248,000 | $253,210 |
| 246000 CIIBC BANK CD 2.5% | AT COST | $246,000 | $248,369 |
| 245000 CITY NATIONAL BANK 1.70% | AT COST | $245,000 | $247,264 |
| 298000 CUSTOMERS BANK 1.70% | AT COST | $298,000 | $299,538 |
| 46026.490 DODGE & COX INCOME FD | AT COST | $650,000 | $668,765 |
| 245000 EVERGREEN BANK GROUP | AT COST | $245,000 | $244,900 |
| 248000 FIRST FOUNDATION 1.80% | AT COST | $248,000 | $248,848 |
| 255000 HAYS CNTY TX 5% | AT COST | ||
| 245000 LAKELAND BANK 0.200% | AT COST | $245,000 | $245,054 |
| 245000 MIZUHO BANK 1.55% | AT COST | $245,000 | $247,381 |
| 245000 MERIDIAN BANK 1.60% | AT COST | $245,000 | $247,406 |
| 249000 MORGAN STANLEY CD 2.45% | AT COST | ||
| 245000 MORGAN STANLEY 1.75% | AT COST | $245,000 | $245,737 |
| 247000 PINNACLE BANK 1.70% | AT COST | $247,000 | $250,110 |
| 250000 SAFRA BANK CD 2.5% | AT COST | ||
| 245000 SIGNATURE BANK 1.70% | AT COST | $245,000 | $246,970 |
| 248000 SIMMONS BANK CD 2.4% | AT COST | ||
| 248000 SOUTHEST BANK 1.75% | AT COST | $248,000 | $248,801 |
| 248000 US TRESURY NOTE 1.5% | AT COST | ||
| 370000 US TRESURY NOTE 1.75% | AT COST | ||
| 62960.116 VANG S/T FED FD 49 ADM | AT COST | $675,000 | $693,191 |
| 62938.547 VANG S/T ADM | AT COST | $675,000 | $688,548 |
| 59900.99 VANGUARD INTER TERM INV | AT COST | $600,000 | $630,158 |
| 249000 WELLS FARGO 1.75% | AT COST | $249,000 | $251,378 |
| 245000 WELLS FARGO BK CD 2.45% | AT COST | $245,000 | $249,435 |
| 245000 WESTERN ALLIANCE 1.70% | AT COST | $245,000 | $246,830 |
| 249000 ZIONS BANK CD 1.75% | AT COST | $249,000 | $249,872 |
| 278306 ACADEMIC PARTNERSHIP | AT COST | ||
| 3.065 ACCESS VENTURES PARTNERS III | AT COST | $693,608 | $3,690,725 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST | Desc |
| EOY Book Value | $556 | EOYBookValueAmt |
| EOYFMV | $556 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| BOND AMORTIZATION | $7,736 | $2,237 | |
| EXPENSES ALLOC TO T/E INCOME | -$1,781 | ||
| BANK FEES | $153 | $77 | $76 |
| PENALTIES | $1,110 | ||
| OTHER DEDUCTIONS - K1 | $2,002 | $1,988 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $12,222 | BOYBookValueAmt |
| EOY Book Value | $10,567 | 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 | $67,672 | $33,836 | $33,836 |
| MANAGEMENT FEE-K-1 | $24,999 | $24,999 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAX | $35,567 | |
| PROPERTY TAXES | $86 | $86 |
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