THE DEBAKEY MEDICAL FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- THE DEBAKEY MEDICAL FOUNDATION (EIN 74-6053822)
- Tax period
- 2017-05-01 to 2018-04-30
- Filed
- 2019-02-26
- IRS object ID
- 201910579349100606
- Schema version
- 2017v2.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-02-26T13:01:10-08:00 | ReturnTs |
| Tax Period End | 2018-04-30 | 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 | 770275132 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 746053822 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The DeBakey Medical Foundation | BusinessNameLine1Txt |
| Business Name Line2 | co Dr George Noon | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DEBA | BusinessNameControlTxt |
| Phone | 7137903155 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Fondren Bldg 6565 Fannin | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77030 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dr George P Noon | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2019-02-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jody Blazek | PreparerPersonNm |
| PTIN | P00072674 | PTIN |
| Phone | 7134395739 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $51,837,443 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,194 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,194 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,407,425 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,407,425 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$116,741 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,149,919 | GrossSalesPriceAmt |
| Total Rev And Expnss | $1,291,878 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,408,619 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $115,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $23,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $92,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $7,650 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $1,530 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $6,120 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $12,057 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,365 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $10,692 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,300 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,300 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $246,884 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $236,884 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $10,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $51,112 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $51,112 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $3,216 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,216 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $60,852 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,613 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $56,239 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $505,371 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $322,804 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $182,567 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,350,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,350,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,855,371 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $322,804 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,532,567 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,563,493 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,085,815 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,270,675 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $627,912 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $627,912 | SavAndTempCashInvstEOYFMVAmt |
| Pledges Rcvbl | $3 | PledgesRcvblAmt |
| Pledges Rcvbl BOY | $3 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $3 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $3 | PledgesRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $500 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $500 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $500 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $341,301 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $341,302 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $326,311 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $15,593,719 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,476,587 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $49,813,157 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $661,923 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $858,324 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $842,016 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $457,971 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $457,971 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $457,971 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $227,544 | LandBldgInvestmentsEOYFMVAmt |
| Total Assets BOY | $18,326,092 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,762,599 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $51,837,443 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $18,326,092 | UnrestrictedBOYAmt |
| Unrestricted EOY | $16,762,599 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,326,092 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,762,599 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,326,092 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,762,599 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,326,092 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,563,493 | ExcessRevenueOverExpensesAmt |
| Subtotal | $16,762,599 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $16,762,599 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly traded securities | PropertyDesc |
| Gross Sales Price | $1,149,919 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,266,660 | CostOrOtherBasisAmt |
| Gain Or Loss | -$116,741 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$116,741 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$116,741 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | Yes (true) | LiableSection4942TaxInd |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $21,716 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $21,716 | SubtotalAmt |
| Tax Based On Investment Income | $21,716 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $52,177 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $52,177 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $30,461 | OverpaymentAmt |
| Applied To ES Tax | $30,461 | 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 |
| Form990 T Filed | false | Form990TFiledInd |
| 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 | None | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rubye Triplett | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7139326809 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1511 Bingle Rd Ste A-1 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77055 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Dr George P Noon | ||||||
| Fondren Bldg 6565 Fannin F426 | Houston | TX | 77030 | Pres/Trustee | 10.00 | $100,000 |
| Dr Herbert D Short III | ||||||
| Fondren Bldg 6565 Fannin F426 | Houston | TX | 77030 | Treas/Trustee | 1.00 | $5,000 |
| Dr Charles H McCollum | ||||||
| Fondren Bldg 6565 Fannin F426 | Houston | TX | 77030 | Sec/Trustee | 1.00 | $5,000 |
| William H Caudill | ||||||
| Fondren Bldg 6565 Fannin F426 | Houston | TX | 77030 | Trustee | 1.00 | $0 |
| Oscar Wyatt | ||||||
| Fondren Bldg 6565 Fannin F426 | Houston | TX | 77030 | Sec/Tr to Dec | 1.00 | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Fayez Sarofim & Co | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 909 Fannin St 2907 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77010 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Mgmt | ServiceTypeTxt |
| Compensation | $228,795 | CompensationAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $52,583,103 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,616,439 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $227,544 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $54,427,086 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $54,427,086 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $816,406 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $53,610,680 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,680,534 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,680,534 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $21,716 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $21,716 | TotalTaxAmt |
| Distributable Before Adj | $2,658,818 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,658,818 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,658,818 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,532,567 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,532,567 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $2,532,567 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,658,818 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,039,989 | UndistributedIncomePYAmt |
| Qualifying Distributions | $2,532,567 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,039,989 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $492,578 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $2,166,240 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Baylor College of Medicine | |||||||
| One Baylor Plaza | Houston | TX | 77030 | N/A | PC | Michael E. DeBakey Excellence in Research Award | $25,000 |
| Baylor College of Medicine | |||||||
| One Baylor Plaza | Houston | TX | 77030 | N/A | PC | Michael E. DeBakey Excellence in Research Award | $25,000 |
| Baylor College of Medicine | |||||||
| One Baylor Plaza | Houston | TX | 77030 | N/A | PC | Support Michael E. DeBakey Library and Museum | $1,000,000 |
| Baylor College of Medicine | |||||||
| One Baylor Plaza | Houston | TX | 77030 | N/A | PC | Chair of Surgery named in honor of Dr. George L. Jordan | $100,000 |
| John P McGovern Museum | |||||||
| 1515 Hermann Dr | Houston | TX | 77004 | N/A | PC | Michael E. DeBakey Cell Labs | $200,000 |
| The Methodist Hospital | |||||||
| 6565 Fannin St | Houston | TX | 77030 | N/A | PC | The Michael E. DeBakey Institute for Cardiovascular Education & Training | $1,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,350,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,194 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,407,425 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$116,741 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,291,878 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,291,878 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Accounting | $6,000 | $3,000 | $0 | $3,000 |
| Tax compliance | $2,600 | $1,300 | $0 | $1,300 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 175,000 AmEx Note 3.4% 02/27/23 | $174,864 | $173,625 |
| 200,000 Amgen Inc 5.7% 02/01/19 | $207,980 | $204,318 |
| 200,000 Franklin Resources 2.8% 09/15/22 | $203,416 | $195,254 |
| 175,000 Goldman Sachs 3.85% 04/18/18 | $171,438 | $168,966 |
| 100,000 JPMorgan Chase 2.35% 01/28/19 | $100,626 | $99,853 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (46 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 19,000 shs Abbott Laboratories | $245,510 | $1,104,470 |
| 15,000 shs AbbVie Inc | $15,000 | $1,448,250 |
| 2,500 shs Air Products & Chemicals Inc | $105,748 | $405,725 |
| 35,000 shs Altria Group Inc | $29,837 | $1,963,850 |
| 8,500 shs American Express Company | $151,606 | $839,375 |
| 21,000 shs Apple Inc | $449,326 | $3,470,460 |
| 5,000 shs ASML Holding NV | $490,637 | $942,250 |
| 7,000 shs Automatic Data Processing | $169,931 | $826,560 |
| 2,600 shs BlackRock Inc | $534,516 | $1,355,900 |
| 2,000 shs Canadian Pacific Railway Ltd | $240,625 | $364,880 |
| 18,000 shs Chevron Corporation | $471,235 | $2,251,980 |
| 9,000 shs Chubb Ltd | $916,085 | $1,221,030 |
| 34,000 shs Comcast Corporation | $826,098 | $1,067,260 |
| 14,000 shs ConocoPhillips | $528,732 | $917,000 |
| 35,162 shs Exxon Mobil Corporation | $531,156 | $2,733,845 |
| 800 shs Facebook Inc Common Stock | $87,051 | $137,600 |
| 4,500 shs IBM Common Stock | $594,132 | $652,320 |
| 10,000 shs Intercontinental Exchange Inc | $485,701 | $724,600 |
| 3,400 shs Johnson & Johnson | $16,135 | $430,066 |
| 18,000 shs JPMorgan Chase & Co | $469,014 | $1,958,040 |
| 3,000 shs Kellogg Company | $97,710 | $176,700 |
| 7,600 shs Mcdonald's Corp | $186,933 | $1,272,544 |
| 1,700 shs Microsoft Corporation | $88,885 | $158,984 |
| 24,000 shs Nestle S A/S ADR | $85,750 | $1,866,360 |
| 6,000 shs Novartis AG | $425,291 | $460,140 |
| 30,000 shs Novo Nordisk A/S | $319,555 | $1,408,200 |
| 15,000 shs Oracle Corporation | $461,492 | $685,050 |
| 8,400 shs PepsiCo Inc | $83,399 | $847,896 |
| 40,000 shs Philip Morris Intl Inc | $122,417 | $3,280,000 |
| 7,500 shs Phillips 66 | $3,750 | $834,825 |
| 5,700 shs Praxair Inc | $301,073 | $869,364 |
| 16,400 shs Proctor & Gamble | $8,021 | $1,186,376 |
| 20,000 shs Roche Holdings | $447,215 | $557,760 |
| 8,104 shs Royal Dutch Shell PLC | $104,224 | $566,470 |
| 5,000 shs S&P Global Inc | $246,904 | $943,000 |
| 6,500 shs State Street Corp | $463,117 | $648,570 |
| 19,000 shs Texas Instruments Inc | $749,951 | $1,927,170 |
| 57,000 shs The Coca-Cola Co | $81,733 | $2,462,970 |
| 20,000 shs Twenty-First Century Fox | $169,180 | $731,200 |
| 7,400 shs Union Pacific Corporation | $742,740 | $988,862 |
| 1,250 shs Versum Materials Inc | $18,771 | $43,975 |
| 7,000 shs Visa Inc Class A | $487,163 | $888,160 |
| 9,000 shs Walgreens Boots Alliance Inc | $56,712 | $598,050 |
| 7,000 shs Walt Disney Co | $741,812 | $702,310 |
| 11,000 shs Wells Fargo & Co | $462,172 | $571,560 |
| 5,000 shs Xilinx Inc | $162,542 | $321,200 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $341,302 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $326,311 | USGovtObligationsEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land | CategoryOrItemTxt |
| Cost Or Other Basis | $457,971 | CostOrOtherBasisAmt |
| Book Value | $457,971 | BookValueAmt |
| EOYFMV | $227,544 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General governance and counsel | CategoryTxt |
| Legal Fees | $12,057 | LegalFeesAmt |
| Net Investment Income | $1,365 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $10,692 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative expenses | $250 | $250 | |
| Insurance | $8,478 | $4,239 | $4,239 |
| Land maintenance | $374 | $374 | |
| Medical Student Poetry Program | $1,750 | $1,750 | |
| Office expenses - reimburse Baylor | $50,000 | $50,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Grants administration | $10,000 | $0 | $0 | $10,000 |
| Investment advisor fees | $236,884 | $236,884 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Ad Valorem tax | $12,134 | $12,134 |
| Foreign tax | $38,978 | $38,978 |
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