2015-07-15T19:35:21-05:00 2014-08-31 PricewaterhouseCoopers LLP 1000 LOUISIANA SUITE 5800 Houston TX 77002 990 2013-09-01 760260204 HOUSTON LIVESTOCK SHOW AND RODEO EDUCATIONAL FUND % JENNIFER HAZELTON HOUS 8326671000 THREE NRG PARK Suite HOUSTON TX 77054 JENNIFER HAZELTON CFO 7133564000 2015-07-01 true BRYAN MELVIN P00845733 7133564000 2013 2016-03-07 17:11:31Z JENNIFER HAZELTON Three NRG Park HOUSTON TX 77054 46591154 false X N/A X 1988 TX SEE ATTACHMENT 1 20 20 0 30000 0 16049515 16589875 0 0 3057889 6832673 0 0 19107404 23422548 18635944 16464923 0 0 174373 189262 0 0 0 296430 354082 19106747 17008267 657 6414281 80561323 92530442 22474068 22940960 58087255 69589482 X THE HOUSTON LIVESTOCK SHOW AND RODEO EDUCATIONAL FUND (THE "EDUCATIONAL FUND") WAS ORGANIZED FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING THE DISTRIBUTION OF SCHOLARSHIPS, GRANTS, AND AWARDS TO STUDENTS AND ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE EDUCATIONAL FUND WAS INITIALLY FUNDED BY THE HOUSTON LIVESTOCK SHOW AND RODEO, INC. IN JUNE 1989. THE FUNDS OF THE EDUCATIONAL FUND ARE USED EXCLUSIVELY IN FURTHERANCE OF THE EXEMPT PURPOSE OF THE ORGANIZATION AND TO MEET NECESSARY EXPENSES FOR ITS UPKEEP AND OPERATIONS. false false 12479750 12479750 The HLSR Educational Fund awarded 465 $18,000 and 10 $9,000 scholarships for Texas students to attend Texas colleges and universities. It funded another 150 scholarships to Texas students participating in and selected by 4-H, FFA, and FCCLA. In addition, 10 other scholarships are awarded to students studying specific programs at universities. In addition, the Achievement scholarship was awarded to other existing scholars, a total of $1.2 million awarded to 99 students. 3885173 3885173 Awarded $3,885,173 in grants for educational programs to various organizations. Some of the grants focus on supporting the agricultural industry, benefitting FFA and 4-H programs and agricultural programs at various universities. There are also grants for children and youth educational programming at many cultural organizations, mainly focused in the Houston area. 100000 100000 Committed $100,000 to Texas A&M University. 16464923 true true false false false false false false false false false true false false true false true true false false false false false false false false false true true false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false true true false false false false false false X 20 20 true false false false false false false true true false false true true true true true true true true false X X JENNIFER HAZELTON 8326671225 THREE NRG PARK HOUSTON TX 77054 X R H STEVENS CHAIRMAN OF THE BOARD 1.0 0.0 X BUTCH ROBINSON DIRECTOR 0.25 0.0 X JIM BLOODWORTH DIRECTOR 0.25 0.0 X DON A BUCKALEW DIRECTOR 0.25 0.0 X JOHN CAUSEY DIRECTOR 0.25 0.0 X J M CLEPPER DIRECTOR 0.25 0.0 X JOHN T COOK DIRECTOR 0.25 0.0 X TILMAN J FERTITTA DIRECTOR 0.25 0.0 X WAYNE HOLLIS JR DIRECTOR 0.25 0.0 X DON D JORDAN DIRECTOR 0.25 0.0 X JACK A LYONS DIRECTOR 0.25 0.0 X ED MCMAHON DIRECTOR 0.25 0.0 X CHRIS RICHARDSON DIRECTOR 0.25 0.0 X JOHN O SMITH DIRECTOR 0.25 0.0 X PAUL G SOMERVILLE DIRECTOR 0.25 0.0 X KEITH A STEFFEK DIRECTOR 0.25 0.0 X P MICHAEL WELLS DIRECTOR 0.25 0.0 X JAMES M WINDHAM JR DIRECTOR 0.25 0.0 X JOHN D ELLIS JR DIRECTOR 0.25 0.0 X HARRY ALLEN PERRIN DIRECTOR 0.25 0.0 X 0 false false false 0 12586268 4003607 16589875 0 1092892 1092892 0 0 0 0 0 28908387 23168606 5739781 5739781 0 0 0 0 23422548 1092892 3985173 3985173 12479750 12479750 0 0 0 126418 126418 0 0 52992 52992 9852 9852 0 0 44470 44470 0 0 0 46767 46767 40155 40155 21094 21094 0 0 0 5789 5789 0 0 0 0 0 139 139 INVESTMENT SERVICES 87795 87795 FOOD PURCHASES 92677 92677 EQUIPMENT RENTAL 9204 9204 OTHER EXPENSES 5992 5992 17008267 16464923 543344 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 31500 5000 0 76667805 75688592 3862018 16836850 0 0 0 0 0 0 80561323 92530442 1258774 465460 485400 150000 0 0 0 0 0 0 0 0 0 0 0 0 20729894 22325500 22474068 22940960 X 58087255 69589482 0 0 0 0 58087255 69589482 80561323 92530442 6414281 5087946 X X false true X true false X X false false false HOUSTON LIVESTOCK SHOW AND RODEO 741142851 09 true true true 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED MARKETABLE ALTERNATIVE INV 12415779 F EMERGING MARKETS FUND 2273581 F NON-MARKETABLE PRIVATE EQUITY 2147490 F 16836850 0 SCHOLARSHIP AWARDS PAYABLE 22325500 22325500 28510494 5087946 5087946 23422548 23422548 17008267 17008267 17008267 true Angelo State University ASU STATION 11023 San Angelo TX 76909 25200 Graduate Assistantships Sam Houston State University PO Box 2027 Huntsville TX 77341 37800 Graduate Assistantships Stephen F Austin State University PO Box 13052 SFA Station Nacogdoches TX 76962 50400 Graduate Assistantships Sul Ross State University Box C-110 Alpine TX 79830 25200 Graduate Assistantships Tarleton State University Box T-0180 Stephenville TX 76402 50400 Graduate Assistantships Texas A & M University 348 Kleberg Center College Station TX 77843 72600 Graduate Assistantships Texas A & M University at Commerce PO BOX 3011 COMMERCE TX 75429 37800 Graduate Assistantships Texas A & M University-Kingsville 700 W UNIVERSITY BLVD MCS BOX 156 KINGSVILLE TX 78363 90400 Graduate Assistantships Texas State University - San Marcos 601 University Dr San Marcos TX 78666 25200 Graduate Assistantships Texas Tech University PO Box 42123 Lubbock TX 79409 85200 Graduate Assistantships West Texas A & M University PO Box 939 WT Station Canyon TX 79016 25200 Graduate Assistantships Spring ISD - RITE 16717 ELLA BOULEVARD HOUSTON TX 77090 63358 Educational Programs Texas A&M University PO Box 30016 College Station TX 77842 100000 Scholarship Endowments Alley Theatre 615 Texas Avenue Houston TX 77002 50000 Grants Baylor College of Medicine - BRASS One Baylor Plaza Suite MSBCM150 Houston TX 77030 95000 Grants Brookwood 1752 FM 1489 Brookshire TX 77423 65535 Grants Holocaust Museum Houston 5401 Caroline Street Houston TX 77004 25000 Grants Houston Community College 3100 Main Street Suite 12B12 Houston TX 77002 100000 Grants Houston Grand Opera 510 Preston St Houston TX 77002 75000 Grants Houston Hispanic Forum 4635 Southwest Freeway Suite 360 Houston TX 77027 50000 Grants Houston Symphony 615 Louisiana Suite 102 Houston TX 77002 50000 Grants Neuhaus Education Center 4433 Bissonnet Bellaire TX 77401 175000 Grants Teach For America Two Greenway Plaza Suite 500 Houston TX 77046 100000 Grants National Intercollegiate Rodeo Association PO Box 1238 Twin Falls ID 83303 15000 Grants Texas Wildlife Association Foundation 2800 NE Loop 410 Suite 105 San Antonio TX 78212 75000 Grants Theatre Under the Stars 800 Bagby Suite 200 Houston TX 77002 60000 Grants Medilife of Houston 600 Jefferson Suite 623 Houston TX 77002 57500 Grants TEXAS SOUTHERN UNIVERSITY 3100 Cleburne HOUSTON TX 77004 100000 GRANTS Texas FFA Foundation - West Texas PO Box 102022 Fort Worth TX 76185 31500 GRANTS Texas A & M Foundation 401 George Bush Dr COLLEGE STATION TX 77840 275000 GRANTS Small Steps Nurturing Center 2902 Jensen Drive Houston TX 77026 100000 GRANTS Reasoning Mind 3050 Post Oak Blvd Suite 1200 HOUSTON TX 77056 50000 GRANTS Prairie View A & M University A I Thomas Bldg Ste 202 Prairie View TX 77446 100000 GRANTS Memorial Park Conservancy 6501 Memorial Drive HOUSTON TX 77007 250000 GRANTS NASA Shared Services Center 1201 NASA Parkway AD431 HOUSTON TX 77058 150000 GRANTS Health Museum 1515 Hermann Drive HOUSTON TX 77004 30000 GRANTS Glassell School of Art PO Box 6826 Houston TX 77265 35000 GRANTS Cristo Rey Jesuit College Preparatory School of Ho 6700 Mount Carmel Street Houston TX 77087 125000 GRANTS Center for Hearing and Speech 3636 W Dallas HOUSTON TX 77019 75000 GRANTS AMERICAN FESTIVAL FOR THE ARTS 1718-A Lubbock Street HOUSTON TX 77007 10000 GRANTS SCHREINER UNIVERSITY 2100 Memorial Blvd Kerrville TX 78028 192000 GRANTS Texas 4-H Youth Development Foundation PO Box 11020 College Station TX 77845 37500 GRANTS Comp U Dopt 1602 Airline Dr Houston TX 77009 10000 Grants Former Texas Rangers Foundation PO Box 3195 Fredericksburg TX 78624 50000 Grants Harris County Hospital District Foundation PO Box 6826 Houston TX 77265 10000 Grants Houston Area Women's Center 1010 Waugh Dr Houston TX 77019 10000 Grants Rise School 5618 H Mark Crosswell Jr St Houston TX 77021 35000 Grants Shriners Hospital for Children 6977 Main St Houston TX 77030 10000 Grants United Way PO Box 3247 Houston TX 77235 500000 Grants University of Texas School of Nursing 6901 Bertner Room 869 Houston TX 77030 50000 Grants YMCA 3000 Trulley St Houston TX 77004 40000 Grants 51 4-H, Four-Year, $18,000 70 1260000 Area Go Texan, Four-Year, $18,000 78 1405875 FCCLA, Four-Year, $18,000 10 180000 FFA, Four-Year, $18,000 70 1261875 Hildebrand, Four-Year, $18,000 15 270000 Metropolitan, Four-Year, $18,000 238 4302000 Opportunity, Four-Year, $18,000 114 2080000 School Art, Four-Year, $18,000 15 270000 Agricultural Mechanics, Two-Year, $9,000 10 90000 TCU Ranch Management Program 4 10000 TAMU Dr Vet Medical 6 48000 MILITARY, FOUR YEAR, $18,000 5 90000 ACHIEVEMENT SCHOLARSHIP 99 1212000 PROCEDURES FOR MONITORING THE USE OF GRANTS - SCHEDULE I GRANTS ARE MADE ONLY TO 501(C)(3) CHARITIES OR RECOGNIZED INSTITUTIONS OF HIGHER EDUCATION. ALL APPLICANTS MUST SUBMIT A COMPLETED HOUSTON LIVESTOCK SHOW AND RODEO GRANT APPLICATION WITH REQUIRED MATERIAL BY THE DEADLINE STATED. IN KEEPING WITH THE MISSION OF THE SHOW, ALL GRANT APPLICATIONS MUST BENEFIT YOUTH, SUPPORT EDUCATION, EXPAND AGRICULTURAL HORIZONS AND/OR PRESERVE AND HONOR PIONEER HERITAGE AND CULTURES. FUNDING PRIORITY WILL BE GIVEN TO PROGRAMS THAT BENEFIT AND INCLUDE THE MAXIMUM NUMBER OF PARTICIPANTS, MEET THE HIGHEST STANDARDS OF ACCOUNTABILITY, INCLUDING DETAILED FINANCIAL REPORTING, AND PROVIDE THE MAXIMUM RECOGNITION TO THE HOUSTON LIVESTOCK SHOW AND RODEO. THE HOUSTON LIVESTOCK SHOW AND RODEO RESERVES THE RIGHT TO REJECT ANY OR ALL APPLICATIONS AND IS NOT LIABLE FOR ANY COSTS INCURRED BY THE APPLICANT IN THE DEVELOPMENT, SUBMISSION, OR REVIEW OF THE APPLICATION. ANY COSTS INCURRED IN THE PREPARATION OF THE APPLICATION SHALL BE BORNE BY THE APPLICANT. SUBMITTING A PROPOSAL DOES NOT GUARANTEE THAT THE APPLICANT WILL RECEIVE FUNDING FROM THE HOUSTON LIVESTOCK SHOW AND RODEO; THEREFORE, APPLICANTS SHOULD NOT MAKE ANY PURCHASES OR INCUR ANY COSTS ASSOCIATED WITH THE PROPOSED PROJECT UNTIL CONTACTED IN WRITING BY THE HOUSTON LIVESTOCK SHOW AND RODEO REGARDING THE STATUS OF THE PROPOSAL. IF THE APPLICANT RECEIVES A GRANT, ANY COSTS INCURRED PRIOR TO THE CONTRACT START DATE WILL NOT BE REIMBURSED. GRANT FUNDING MAY NOT BE UTILIZED FOR BUILDING PROJECTS, FOR PROJECTS REQUIRING MULTI-YEAR SUPPORT, OR FOR CERTAIN ADMINISTRATIVE EXPENSES WHICH MAY INCLUDE SALARIES, STIPENDS, AND FRINGE BENEFITS. IN ADDITION, FUNDS MAY NOT BE USED TO PAY INDIRECT COSTS TO ANY ORGANIZATION, AGENCY, OR INSTITUTION. PROPOSALS WHICH HAVE BUDGETS THAT CONTAIN ANY OF THE AFOREMENTIONED EXPENSE ITEMS WILL NOT BE ACCEPTED. IF A DECISION IS MADE TO FUND A GRANT PROPOSAL, AN AWARD LETTER WILL BE SENT TO THE SUCCESSFUL APPLICANT. THE LETTER WILL DETAIL ITEMS SUCH AS BUDGET, REPORTING REQUIREMENTS, HOUSTON LIVESTOCK SHOW AND RODEO GENERAL PROVISIONS, AND ANY OTHER SPECIFIC REQUIREMENTS THAT MAY APPLY TO THE AWARD. THE GRANT WILL PROVIDE FUNDS FOR AN APPROVED PROJECT AND ASSOCIATED COSTS THAT ARE INCURRED IN THE BUDGET AND ARE REASONABLE AND NECESSARY. A REQUEST FOR RETURN OF ANY FUNDS MAY OCCUR IF ANY OF THE STATED REQUIREMENTS OF THE GRANT ARE NOT MET. IT IS THE RESPONSIBILITY OF THE GRANT APPLICANT TO MAINTAIN A RECORD OF ALL COSTS AND ACTIVITIES RELATED TO THE ADMINISTRATION OF THE PROJECT AND SUCH INFORMATION SHOULD BE AVAILABLE TO THE SHOW UPON REQUEST AT ANY TIME DURING THE PROJECT. SITE VISIT(S) BY THE SHOW STAFF MAY ALSO OCCUR. SHOULD FUNDS REMAIN FOLLOWING COMPLETION OF THE PROJECT, A WRITTEN REQUEST THAT REMAINING FUNDS BE CONSIDERED FOR USE AS SUPPLEMENTAL FUNDING FOR ANOTHER PROJECT MAY BE SUBMITTED FOR CONSIDERATION. DOCUMENTS AVAILABLE TO PUBLIC - PART VI, SECTION C, QUESTION 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. 990 REVIEW PROCESS - PART VI, SECTION B, QUESTION 11A The audit committee, a sub-committee of the executive committee, along with outside tax specialists, review the return with senior management. The audit committee then recommends approval of the tax returns incorporating any changes they suggest to the executive committee which then gives final approval. CONFLICT OF INTEREST POLICY - PART VI, SECTION B, QUESTION 12c HOUSTON LIVESTOCK SHOW & RODEO (EIN:74-1142851)(HLSR) DISTRIBUTES A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY HLSR'S GENERAL COUNSEL AND ARE PROVIDED TO ACCOUNTING FOR DISCLOSURE ON THE TAX RETURN WHERE APPROPRIATE. COMPENSATION POLICY - PART VI, SECTION B, QUESTION 15 HOUSTON LIVESTOCK SHOW & RODEO (EIN:74-1142851) HAS A COMPENSATION COMMITTEE WHICH REVIEWS PERFORMANCE OF THE CEO ANNUALLY. THE COMPENSATION COMMITTEE RECOMMENDS OR REVIEWS AND APPROVES COMPENSATION FOR THE CEO AND ALL OF SENIOR MANAGEMENT. THE COMMITTEE USES COMPENSATION STUDIES DONE BY OUTSIDE CONSULTANTS IN THEIR DECISION MAKING PROCESS. ALL COMPENSATION IS PAID BY HOUSTON LIVESTOCK SHOW & RODEO (EIN: 74-1142851) AND SALARIES & BENEFIT COSTS ARE ALLOCATED TO THE HOUSTON LIVESTOCK SHOW & RODEO EDUCATIONAL FUND FOR SERVICES PERFORMED IN RELATION TO THIS ENTITY'S OPERATIONS. OFFICER AND DIRECTOR RELATIONS - PART VI, SECTION A, QUESTION 2 THE FOLLOWING OFFICERS & DIRECTORS ALSO SERVE ON THE BOARD OF DIRECTORS OF THE HOUSTON LIVESTOCK SHOW AND RODEO (EIN: 74-1142851): R.H. STEVENS CHARLES R. ROBINSON JIM BLOODWORTH DON A. BUCKALEW JOHN CAUSEY J.M. CLEPPER JOHN T. COOK TILMAN J. FERTITTA WAYNE HOLLIS JR. DON D. JORDAN JACK A. LYONS ED MCMAHON CHRIS RICHARDSON JOHN O. SMITH PAUL G. SOMERVILLE KEITH A. STEFFEK P. MICHAEL WELLS JAMES M. WINDHAM JR. JOHN D. ELLIS JR. HARRY ALLEN PERRIN THE FOLLOWING OFFICERS & DIRECTORS ALSO SERVE ON THE BOARD OF DIRECTORS OF THE HOUSTON LIVESTOCK SHOW AND RODEO INSTITUTE FOR TEACHER EXCELLENCE (EIN: 76-0539447): J.M. CLEPPER WAYNE HOLLIS JR. JACK A. LYONS KEITH A. STEFFEK THE FOLLOWING OFFICERS & DIRECTORS ALSO SERVE ON THE BOARD OF DIRECTORS OF CORRAL CLUB, INC. (EIN: 74-2079763): JIM BLOODWORTH P. MICHAEL WELLS VOLUNTEERS - PART I, QUESTION 6 APPROXIMATELY 30,000 VOLUNTEERS FOR THE HOUSTON LIVESTOCK SHOW AND RODEO (EIN: 74-1142851) ALSO SUPPORT AND RAISE FUNDS FOR THE HLSR EDUCATIONAL FUND. EXPLANATION OF COMBINED AUDIT REPORT - PART XII, 2B; PART IV, QUESTION 12 The Houston Livestock Show & Rodeo, Inc. (EIN: 74-1142851), The Houston Livestock Show & Rodeo Educational Fund (EIN: 76-0260204), and Corral Club, Inc. (EIN: 74-2079763) have a combined audit report. Houston Livestock Show & Rodeo, Inc. has an audit committee charged with responsibility for the oversight of the combined audited financial statements and the selection of an independent accountant. ALTERNATIVE INVESTMENT SECURITIES - PART X, LINES 11 & 12 DUE TO A CONTINUED INCREASE IN THE ALLOCATION OF OUR INVESTMENT PORTFOLIO TOWARD ALTERNATIVE INVESTMENT SECURITIES IN THE 2014 FISCAL YEAR, THREE NEW CATEGORIES WERE ADDED TO THE INVESTMENT FOOTNOTE IN BOTH OUR COMBINED HLSR & EDUCATIONAL FUND FINANCIAL STATEMENTS. THIS REQUIRED A RECLASSIFICATION OF THE INVESTMENT BALANCE IN THE 8/31/2013 FINANCIALS FOR COMPARISON PURPOSES. HOUSTON LIVESTOCK SHOW AND RODEO THREE NRG PARK HOUSTON TX 77054 741142851 PUBLIC FAIR TX 501(C)(3) 9 false HLSR INSTITUTE FOR TEACHER EXCELLENCE THREE NRG PARK HOUSTON TX 77054 760539447 EDUCATION TX 501(C)(3) 11 false HHSB INC THREE NRG PARK HOUSTON TX 77054 300721227 PUBLIC FAIR TX 501(C)(3) 11 false HLSR ENDOWMENT FOUNDATION THREE NRG PARK HOUSTON TX 77054 203612828 SCHOLARSHIPS TX 501(C)(3) 11 false CORRAL CLUB INC THREE NRG PARK HOUSTON TX 77054 742079763 BAR OPERATION TX NA C false false true false false false false false false false false false true true true false false false HOUSTON LIVESTOCK SHOW AND RODEO C,N,O 12659065 ACTUAL