BULL FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BULL FOUNDATION (EIN 27-1494865)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-08
IRS object ID
202503129349100405
Schema version
2024v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-08T14:50:56-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN742727608PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SWANK SALCH & HENDERSON PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1802 N CARANCAHUA SUITE 1100AddressLine1Txt
CityCORPUS CHRISTICityNm
State AbbreviationTXStateAbbreviationCd
ZIP784010053ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN271494865EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BULL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBULLBusinessNameControlTxt
Phone3615223191PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 235AddressLine1Txt
CityRIVIERACityNm
State AbbreviationTXStateAbbreviationCd
ZIP78379ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLINDA BULLPersonNm
Person TitlePRES/DIRECTORPersonTitleTxt
Phone3615223191PhoneNum
Signature2025-11-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTINE SALCHPreparerPersonNm
PTINP00188210PTIN
Phone3618838151PhoneNum
Preparation2025-11-08PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,730,138FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$75,693ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$36,087InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$36,087InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$56,970DividendsRevAndExpnssAmt
Dividends Net Invst Incm$56,970DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$10,978NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,383,190GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$10,978CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$179,728TotalRevAndExpnssAmt
Total Net Invst Incm$104,035TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$3,200AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,200AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$22,796OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$22,796OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$414TaxesRevAndExpnssAmt
Taxes Net Invst Incm$383TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$26,410TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$26,379TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$156,146ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$156,146ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$182,556TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$26,379TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$156,146TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,828ExcessRevenueOverExpensesAmt
Net Investment Income$77,656NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$1,089,065SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$441,904SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$441,904SavAndTempCashInvstEOYFMVAmt
Corporate Bonds BOY$1,415,269CorporateBondsBOYAmt
Corporate Bonds EOY$2,059,602CorporateBondsEOYAmt
Corporate Bonds EOYFMV$2,288,234CorporateBondsEOYFMVAmt
Total Assets BOY$2,504,334TotalAssetsBOYAmt
Total Assets EOY$2,501,506TotalAssetsEOYAmt
Total Assets EOYFMV$2,730,138TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,504,334RetainedEarningBOYAmt
Retained Earning EOY$2,501,506RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,504,334TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,501,506TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,504,334TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,501,506TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,504,334TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,828ExcessRevenueOverExpensesAmt
Subtotal$2,501,506SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,501,506TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPUBLICLY TRADED FUNDSPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2024-12-31AcquiredDt
Sold2024-12-31SoldDt
Gross Sales Price$1,322,879GrossSalesPriceAmt
Cost Or Other Basis$1,372,212CostOrOtherBasisAmt
Gain Or Loss-$49,333GainOrLossAmt
Gains Minus Excess Or Losses-$49,333GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$10,978CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,079InvestmentIncomeExciseTaxAmt
Subtotal$1,079SubtotalAmt
Tax Based On Investment Income$1,079TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$3,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$3,000TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$61EsPenaltyAmt
Overpayment$1,860OverpaymentAmt
Applied To ES Tax$1,860AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksLINDA BULLIndividualWithBooksNm
Phone3615223191PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 235AddressLine1Txt
CityRIVIERACityNm
State AbbreviationTXStateAbbreviationCd
ZIP78379ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonLINDA BULLPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 235AddressLine1Txt
CityRIVIERACityNm
State AbbreviationTXStateAbbreviationCd
ZIP78379ZIPCd
FieldValueIRS element (for citing)
TitlePRES/DIRECTOTitleTxt
Average Hrs Per Wk Devoted To Pos2.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,603,040AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$41,848AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,644,888TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,644,888AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$39,673CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,605,215NetVlNoncharitableAssetsAmt
Minimum Investment Return$130,261MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$130,261MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,079TaxBasedOnInvestmentIncomeAmt
Total Tax$1,079TotalTaxAmt
Distributable Before Adj$129,182DistributableBeforeAdjAmt
Distributable Before Ded$129,182DistributableBeforeDedAmt
Distributable As Adjusted$129,182DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$156,146ExpensesAndContributionsAmt
Qualifying Distributions$156,146QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$129,182DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$98,166ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$25,161ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$29,710ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$153,037TotalExcessDistributionCyovAmt
Qualifying Distributions$156,146QualifyingDistributionsAmt
Applied To Current Year$129,182AppliedToCurrentYearAmt
Remaining Distri From Corpus$26,964RemainingDistriFromCorpusAmt
Total Corpus$180,001TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$180,001ExcessDistriCyovToNextYrAmt
Excess From Year4$98,166ExcessFromYear4Amt
Excess From Year2$25,161ExcessFromYear2Amt
Excess From Year1$29,710ExcessFromYear1Amt
Excess From Current Year$26,964ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtBusiness Name Line2RecipientBusinessName/BusinessNameLine2Txt
SOUTH TEXAS CHARITY WEEKEND
700 UNIVERSITY BLVDMSC 218KINGSVILLETX78363NONEPCGENERAL OPERATIONS$5,000
KLEBERG-KENEDY CO JR LIVESTOCK
PO BOX 648KINGSVILLETX78364NONEPCSCHOLARSHIPS$122,399SSHOW ASSN
BROOKS COUNTY FAIR ASSN
PO BOX 835FALFURRIASTX78355NONEPCSCHOLARSHIPS$12,797
KLEBERG COUNTY PREGNANCY
PO BOX 281KINGSVILLETX78364NONEPCGENERAL OPERATIONS$3,000RESOURCE CENTER
EPIPHANY MONTESSORI SCHOOL
120 N THIRD STKINGSVILLETX78363NONEPCGENERAL OPERATIONS$1,150
ALICE LITTLE MISS KICKBALL
1201 N ADAMS STALICETX78332NONEPCSPONSOR TEAM$500
THE DREAM COME TRUE FOUNDATION
PO BOX 343KINGSVILLETX78364NONEPCGENERAL OPERATIONS$1,000
RIVIERA ISD
203 SEAHAWK DRIVERIVIERATX78379NONEGOVSTUDENT CLUB ACTIVITIES$1,300
FRIENDS OF KINGSVILLE RODEO CLUB
810 W KING AVEKINGSVILLETX78363NONEPCGENERAL OPERATIONS$4,000
KING RANCH INSTITUTE FOR
700 UNIVERSITY BLVDMSC 137KINGSVILLETX78363NONEPCGENERAL OPERATIONS$5,000RANCH MANAGEMENT
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$156,146TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$36,087ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$56,970ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$10,978ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$104,035ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$104,035TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonLINDA BULLContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 235AddressLine1Txt
CityRIVIERACityNm
State AbbreviationTXStateAbbreviationCd
ZIP78379ZIPCd
FieldValueIRS element (for citing)
Total Contributions$74,748TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$3,200Amt
Net Investment Income$3,200NetInvestmentIncomeAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondMUTUAL FUNDSBondNm
EOY Book Value$2,059,602EOYBookValueAmt
EOYFMV$2,288,234EOYFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryEDWARD JONESCategoryTxt
Amt$22,796Amt
Net Investment Income$22,796NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
EXCISE TAX$31
FOREIGN TAX$383$383

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