REA CHARITABLE TRUST: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- REA CHARITABLE TRUST (EIN 26-3671567)
- Tax period
- 2012-10-01 to 2013-09-30
- Filed
- 2014-02-07
- IRS object ID
- 201440389349100209
- Schema version
- 2012v2.0
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-07T13:19:43-08:00 | Timestamp |
| Tax Period End Date | 2013-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Allen McGuire CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 2111 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 797022111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263671567 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rea Charitable Trust | BusinessNameLine1 |
| Business Name Line2 | Trust - 77433500 | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | REAC | NameControl |
| Phone | 4326855211 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 41629 | AddressLine1 |
| City | Austin | City |
| State | TX | State |
| ZIP Code | 78701 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Dona Bradley | Name |
| Title | Trustee #94-3080771 | Title |
| Date Signed | 2014-02-07 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Allen G McGuire CPA | Name |
| PTIN | P00179759 | PTIN |
| Phone | 4326828000 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 38458535 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 528382 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 528382 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 252396 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 2216852 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 252396 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 2716731 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 2716731 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 3497509 | TotalRevenueAndExpenses |
| Total Net Investment Income | 3497509 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 373937 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 308403 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 65534 | CompOfcrDirTrstDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 10000 | AccountingFeesRevAndExpnss |
| Accounting Fees Dsbrs Chrtbl Prps | 10000 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 342408 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 342408 | TaxesNetInvstIncm |
| Deprec And Depletion Rev And Expnss | 284326 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 284326 | DeprecAndDepletionNetInvstIncm |
| Other Expenses Rev And Expnss | 8506 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 8506 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 1019177 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 943643 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 75534 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 1180700 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 1180700 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 2199877 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 943643 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1256234 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 1297632 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 2553866 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 984 | CashBOY |
| Cash EOY | 189 | CashEOY |
| Cash EOYFMV | 189 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 2981183 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 4283804 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 4283804 | SavingsAndTempCashInvstEOYFMV |
| Investments Govt Oblig BOY | 1006035 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 1662330 | InvestmentsGovtObligEOY |
| Investments Govt Oblig EOYFMV | 1623837 | InvestmentsGovtObligEOYFMV |
| Investments Corp Stock BOY | 2851436 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 3110001 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 4632491 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 2650556 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 1772214 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 1777475 | InvestmentsCorpBondsEOYFMV |
| Investments Land Etc Basis | 6726335 | InvestmentsLandEtcBasis |
| Accum Deprec Investments Land Etc | 1230284 | AccumDeprecInvestmentsLandEtc |
| Investments Land Etc BOY | 5780377 | InvestmentsLandEtcBOY |
| Investments Land Etc EOY | 5496051 | InvestmentsLandEtcEOY |
| Investments Land Etc EOYFMV | 15159476 | InvestmentsLandEtcEOYFMV |
| Investments Other BOY | 9510943 | InvestmentsOtherBOY |
| Investments Other EOY | 9750537 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 10981263 | InvestmentsOtherEOYFMV |
| Other Assets BOY | 1 | OtherAssetsBOY |
| Total Assets BOY | 24781515 | TotalAssetsBOY |
| Total Assets EOY | 26075126 | TotalAssetsEOY |
| Total Assets EOYFMV | 38458535 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 20295450 | CapitalStockBOY |
| Capital Stock EOY | 20295450 | CapitalStockEOY |
| Retained Earnings BOY | 4486065 | RetainedEarningsBOY |
| Retained Earnings EOY | 5779676 | RetainedEarningsEOY |
| Total Net Assets BOY | 24781515 | TotalNetAssetsBOY |
| Total Net Assets EOY | 26075126 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 24781515 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 26075126 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 24781515 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 1297632 | ExcessOfRevenueOverExpenses |
| Subtotal | 26079147 | Subtotal |
| Other Decreases | 4021 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 26075126 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 252396 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | 22541 | NetShortTermCapitalGainOrLoss |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 51077 | InvestmentIncomeExciseTax |
| Subtotal | 51077 | Subtotal |
| Tax Based On Investment Income | 51077 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 64000 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 64000 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 13 | PenaltyForUnderpayment |
| Overpayment | 12910 | Overpayment |
| Amount Credited To Next Year | 12910 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | TX | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | www.reacharitabletrust.org | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wells Fargo Bank NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 4326855211 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1959 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 797021959 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (7 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Mike Talley | ||||||
| 500 W Texas | Midland | TX | 79701 | Grants Advisor | 0.00 | 100 |
| Paul Morris | ||||||
| 1004 N Big Spring Ste 610 | Midland | TX | 79701 | Grants Advisor | 0.00 | 200 |
| Dona Bradley | ||||||
| PO Box 11283 | Midland | TX | 79702 | Grants Advisor | 0.00 | 100 |
| Becky Ferguson | ||||||
| 1704 Storey Ave | Midland | TX | 79701 | Grants Advisor | 0.00 | 200 |
| Vicky Jay | ||||||
| 4520 Hilltop | Midland | TX | 79707 | Grants Advisor | 0.00 | 200 |
| Richard Folger | ||||||
| PO Box 60760 | Midland | TX | 797110760 | Grants Advisor | 0.00 | 200 |
| Wells Fargo Bk NA Trustee | ||||||
| PO Box 1959 | Midland | TX | 797021959 | Trustee | 0.00 | 372937 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 15961894 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 3387415 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 17581408 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 36930717 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 36930717 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 553961 | CashDeemedCharitable |
| Net Noncharitable Assets | 36376756 | NetNoncharitableAssets |
| Minimum Investment Return | 1818838 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 1818838 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 51077 | TaxBasedOnInvestmentIncome |
| Total Tax | 51077 | TotalTax |
| Distributable Amount Before Adj | 1767761 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 1767761 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 1767761 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 1256234 | ExpensesAndContributions |
| Qualifying Distributions | 1256234 | QualifyingDistributions |
| Adj Qualifying Distributions | 1256234 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 1767761 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 861155 | UndistributedIncomePriorYear |
| Qualifying Distributions | 1256234 | QualifyingDistributions |
| Applied To Year1 | 861155 | AppliedToYear1 |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 395079 | AppliedToCurrentYear |
| Undistributed Income CY | 1372682 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | Trust Department | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 1959 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 79702 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 4326855300 | RecipientPhoneNumber |
| Form And Info And Materials | A formal Grant Application must be completed. In Addition to the Grant Application, the applicant must submit budget information, audited financial statements, if any, a copy of the IRS Determination Letter regarding tax exempt status and the last Form 990 filed with the IRS. | FormAndInfoAndMaterials |
| Submission Deadlines | Grants awarded in June & December - Deadline 4-15 & 10-15 | SubmissionDeadlines |
| Restrictions On Awards | Geographical Area Generally | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (27 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| Univ of Texas-Austin -Theatre Dance | |||||||
| 300 East 23rd St | Austin | TX | 78712 | None | Public | Undergraduate Scholarships | $50,000 |
| Texas Tech Univ - Visual Perf Arts | |||||||
| Holden Hall Room 103 | Lubbock | TX | 79409 | None | Public | Summer Lab & Workshop | $30,000 |
| San Angelo Performing Arts Coalitio | |||||||
| 2201 Sherwood Way Ste 205 | San Angelo | TX | 76901 | None | Public | Remodel Facility | $35,000 |
| Odessa College Foundation | |||||||
| 201 W University Blvd | Odessa | TX | 79762 | None | Public | Steinway Piano Initiative | $40,000 |
| Midland Shared Spaces Inc | |||||||
| 3510 N A St | Midland | TX | 79705 | None | Public | Capital Campaign | $300,000 |
| Midland Montessori School | |||||||
| 1011 Austin St | Midland | TX | 79703 | None | Public | Purchase Musical Instruments | $11,000 |
| Midland High School Orchestra Boost | |||||||
| Attn Lael Pitts 550 W Texas Ste1260 | Midland | TX | 79701 | None | Public | Concert Trip | $15,000 |
| Marfa Public Radio Corp | |||||||
| 111 S Highland | Marfa | TX | 79843 | None | Public | Increase Coverage | $30,000 |
| Manor Park Inc | |||||||
| 2208 N Loop 250 West | Midland | TX | 79707 | None | Public | Purchases | $39,000 |
| Lee High School Theatre Booster Clu | |||||||
| Attn Jami Owen 615 W Missouri Ave | Midland | TX | 79701 | None | Public | Underwrite Event | $5,000 |
| George W Bush Childhood Home | |||||||
| 400 East Broadway | Midland | TX | 79701 | None | Public | History Preserv & Education | $15,000 |
| West Texas Jazz Society | |||||||
| PO Box 10832 | Midland | TX | 79702 | None | Public | Cultural Arts | $20,000 |
| I20 Wildlife Preserve Jenna Welch C | |||||||
| 2201 S Midland Dr | Midland | TX | 79706 | None | Public | Funding Festival on the Arts | $10,000 |
| Permian Basin Area Foundation | |||||||
| 200 N Loraine St | Midland | TX | 79701 | None | Public | Public Charity | $75,000 |
| Midland Opera Theatre | |||||||
| PO Box 4504 | Midland | TX | 79704 | None | Public | Cultural Arts | $30,000 |
| Midland-Odessa Symphony Chorale | |||||||
| 3100 La Force Blvd | Odessa | TX | 79761 | None | Public | Public Symphony | $70,000 |
| Ellen Noel Art Museum | |||||||
| 4909 E University | Odessa | TX | 79762 | None | Public | Cultural Arts | $10,000 |
| Univ of Texas Permian Basin | |||||||
| 4901 East University | Odessa | TX | 79762 | None | Public | Performing Arts | $200,000 |
| Midland Festival Ballet | |||||||
| 401 W Texas Ave | Midland | TX | 79701 | None | Public | Cultural Arts | $30,000 |
| Museum of the Southwest | |||||||
| 1705 West Missouri Avenue | Midland | TX | 79701 | None | Public | Art Appreciation & Education | $5,000 |
| Midland Community Concerts | |||||||
| PO Box 10836 | Midland | TX | 79702 | None | Public | Cultural Arts | $15,000 |
| Midland College Foundation | |||||||
| 3600 N Garfield St | Midland | TX | 79705 | None | Public | Musical Instruments | $20,000 |
| Hospice of Midland Inc | |||||||
| PO Box 2621 | Midland | TX | 79702 | None | Public | Public Health & Care | $50,000 |
| Bynum School | |||||||
| 8404 W County Rd 60 | Midland | TX | 79708 | None | Public | Therapy Program | $12,000 |
| Angelo State University Foundation | |||||||
| 2601 W Ave N ASU Station 11023 | San Angelo | TX | 76909 | None | Public | Education for Disabled | $13,700 |
| Arts Council of Midland | |||||||
| 401 West Texas | Midland | TX | 79701 | None | Public | Art Appreciation & Education | $35,000 |
| Allegro Chorale Orchestra | |||||||
| 2304 Metz Place | Midland | TX | 79705 | None | Public | Community Concerts | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 1180700 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 1 | ExclusionCode |
| Exclusion | $528,382 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 1 | ExclusionCode |
| Exclusion | $2,716,731 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 252396 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,245,113 | ExclusionAmount |
| Related Or Exempt Function Income | 252396 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 3497509 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount | $10,000 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 10000 | DisbursementsCharitablePrps |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Property | Oil & Gas Royalty | DescriptionOfProperty |
| Date Acquired | 2009-09-01 | DateAcquired |
| Cost Or Other Basis | 6632485 | CostOrOtherBasis |
| Prior Years Depreciation | 945958 | PriorYearsDepreciation |
| Computation Method | 94 | ComputationMethod |
| Life | 25.0000 | Life |
| Current Year Expense | 284326 | CurrentYearExpense |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (21 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| Wal Mart 4/15/21 | 108811 | 108502 |
| Walgreen Co 8/1/13 | ||
| Teck Resources 2/1/18 | 102379 | 98946 |
| Target 1/15/18 | 100958 | 117373 |
| Pepsico 6/1/18 | 115708 | 113240 |
| Microsoft | 100966 | 101918 |
| Merck & Co 6/30/15 | ||
| Medco Health 9/15/20 | 110946 | 103779 |
| McDonalds 1/15/22 | 99657 | 96499 |
| Kellog Co 5/17/17 | 101583 | 100386 |
| Genl Elec Cap 11/14/14 | 211934 | 207440 |
| EBay Inc 10/15/20 | 99255 | 102036 |
| Duke Energy 6/15/17 | 101389 | 99610 |
| Duke Energy Carolina | ||
| Charles Schwab 6/1/14 | ||
| Cisco Syst 2/15/19 | 115075 | 113469 |
| Blackrock Inc 12/10/19 | 78028 | 85086 |
| Berkshire Hathaway 1/15/21 | 107260 | 107057 |
| BP Capital Mkts 10/1/20 | 108860 | 108042 |
| Goldman Sachs Group Inc. 5/7/13 | ||
| AT&T Inc 5/15/18 | 109405 | 114092 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (50 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| US Bancorp | 90692 | 104985 |
| United Parcel | 65919 | 86801 |
| Union Pacific | 86221 | 132350 |
| United Health Group | 58069 | 140928 |
| Total SA -adr | 69514 | 89197 |
| Thermo Fisher Scientific | 40767 | 82474 |
| 3M Company | 74241 | 113440 |
| Target | 98635 | 127000 |
| TJX Cos Inc | 51562 | 106408 |
| Schlumberger | 96749 | 128829 |
| Oracle Corp | 70431 | 86242 |
| Nestle S A | 49070 | 93055 |
| National Oil Well Inc | 89132 | 98106 |
| Monster Beverage | 58384 | 66619 |
| Microsoft | 64716 | 79939 |
| Mckesson Corp | 78209 | 105847 |
| Johnson Controls | 119836 | 142428 |
| JP Morgan Chase | 96937 | 139977 |
| IBM Corp | 81682 | 73702 |
| HSBC | 79863 | 80684 |
| 85235 | 121751 | |
| Goldman Sachs | 50581 | 79896 |
| Gilead Sciences | 51335 | 122785 |
| Eaton Corp PLC | 72280 | 96307 |
| EMC Corp | 36303 | 71031 |
| Disney (Walt) Co | 55734 | 145231 |
| Diageo PLC | 42111 | 92641 |
| Comcast Corp | 42475 | 134759 |
| Coach Inc | 92463 | 89974 |
| Cisco Systems | 74794 | 104502 |
| Chevron Corp | 46411 | 92826 |
| Celanese Corp | 74365 | 76070 |
| Capital One Financial | 40163 | 96099 |
| CVS/Caremark | 49907 | 103739 |
| CME Group | 85519 | 117469 |
| Boeing | 63566 | 111625 |
| BHP Billiton | 72676 | 57389 |
| Berkshire Hathaway | 106282 | 165157 |
| Baxter Intl Inc | 71825 | 66018 |
| Apple Computer | 75002 | 195467 |
| Apache Corp | 105153 | 96038 |
| Anheuser-Busch | 80115 | 111202 |
| Affiliated Managers | 61007 | 105018 |
| Aflac | 54070 | 100486 |
| Teva Pharmaceutical | ||
| Cooper Industries PLC | ||
| Vodafone Group | ||
| Novartis AG-ADR | ||
| Intel Corp | ||
| Abbott Labs |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Securities EOY Book Value | 1662330 | USGovtSecuritiesEOYBookValue |
| US Govt Securities EOYFMV | 1623837 | USGovtSecuritiesEOYFMV |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLand
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Miscellaneous | CategoryOrItem |
| Cost Or Other Basis | 6726335 | CostOrOtherBasis |
| Accumulated Depreciation | 1230284 | AccumulatedDepreciation |
| Book Value | 5496051 | BookValue |
| EOYFMV | 15159476 | EOYFMV |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (51 entries)
| Listed At Cost Or FMVListedAtCostOrFMV | Category Or ItemCategoryOrItem | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | Templeton Global Bond Fd | 645000 | 685912 |
| AT COST | Pimco Foreign Bond Fd | 480000 | 426994 |
| AT COST | Partners Group Priv Eq | 425000 | 462675 |
| AT COST | Vanguard REIT Viper | 465468 | 632761 |
| AT COST | Chambers St Props (Ellis Rlty) | 411077 | 429456 |
| AT COST | Rici Linked Pam Total Index | 350000 | 367090 |
| AT COST | Pam Global Diversified Fund | 425000 | 358521 |
| AT COST | Merger Fund | 199434 | 207915 |
| AT COST | Hussman Strat Growth Fund | 399427 | 308922 |
| AT COST | |||
| AT COST | Vanguard Emerging Markets | 405238 | 371449 |
| AT COST | Harbor Intl Fund | 350327 | 494411 |
| AT COST | T Rowe Price Inst Emer Fd | 300118 | 340017 |
| AT COST | Principal Inv Mid Cap Growth Fd | 99680 | 136421 |
| AT COST | Ishares Tr Small Cap 600 Index Fd | 175384 | 322853 |
| AT COST | Ishares S&P Midcap 400 Index Fd | 535208 | 807531 |
| AT COST | Dreyfus/Boston Co Small Cap Grwth Fd | 249984 | 385676 |
| AT COST | |||
| AT COST | Keeley Small Cap Value Fd | 149000 | 277041 |
| AT COST | IShares MSCI EAFE ETF | 852091 | 988724 |
| AT COST | Invesco Int'l Growth Fund | 90000 | 123698 |
| AT COST | Fidelity Adv Emerg Mkts Inc Fd | 364000 | 383778 |
| AT COST | Aberdeen Global High Inc Fd | 840744 | 837179 |
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | ASGI Mesirow Insight Fd | 455540 | 459877 |
| AT COST | Ally Mtg-backed Mast Tr | 296461 | 296388 |
| AT COST | |||
| AT COST | Ipath DJ UBS Commod Index | 131256 | 99521 |
| AT COST | SPDR DJ Wilshire Int'l Real Estate ETF | 539472 | 616488 |
| AT COST | Vornado Realty Trust | ||
| AT COST | IShares Gold Trust | 115628 | 159965 |
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | |||
| AT COST | General Elec Cap Pfd | ||
| AT COST |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Misc Adjustments | Description |
| Amount | $4,021 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| Various Misc Expenses | 2212 | 2212 |
| Other Expense re Royalties | 4794 | 4794 |
| Dues to Assoc of Foundations | 1500 | 1500 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Other Investment Income | Description |
| Revenue And Expenses Per Books | 2716731 | RevenueAndExpensesPerBooks |
| Net Investment Income | 2716731 | NetInvestmentIncome |
Taxes Schedule TaxesSchedule
Taxes Taxes (4 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| Foreign Tax on Dividends | $5,819 | 5819 |
| Current Yr Est Tax Pmts - Form 990-PF | $64,000 | 64000 |
| Bal Due on FYE 9/2012 Form 990-PF | $14,865 | 14865 |
| Ad Val & Severance Tax on Minerals | $257,724 | 257724 |
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