MARSHAL VERNE ROSS FOUNDATION INC: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MARSHAL VERNE ROSS FOUNDATION INC (EIN 74-2864663)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-05-14
- IRS object ID
- 201211359349101796
- Schema version
- 2011v1.2
- 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
- Compensation Explanation
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-14T13:28:05-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACCOUNTING & CONSULTING GROUP LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2403 82ND ST | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 794232300 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742864663 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MARSHAL VERNE ROSS FOUNDATION | BusinessNameLine1 |
| Business Name Line2 | C/O MARY FRANCES ROSS | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MARS | NameControl |
| Phone | 8067456789 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2200 QUAIL HOLLOW DRIVE | AddressLine1 |
| City | BRYAN | City |
| State | TX | State |
| ZIP Code | 77802 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WENDELL MOORE | Name |
| Title | DIRECTOR | Title |
| Phone | 8067456789 | Phone |
| Date Signed | 2012-05-01 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JIMMY D PENDERGRASS | Name |
| Phone | 8067456789 | Phone |
| Date Prepared | 2012-05-14 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 5041202 | 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 |
| Interest On Savings Rev And Expnss | 541 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 541 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 64701 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 64701 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 53530 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1221948 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 69782 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 453883 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 453883 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 572655 | TotalRevenueAndExpenses |
| Total Net Investment Income | 588907 | TotalNetInvestmentIncome |
| Accounting Fees Rev And Expnss | 27540 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 20655 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 6885 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 31174 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 31174 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 50264 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 50264 | TaxesNetInvstIncm |
| Deprec And Depletion Rev And Expnss | 68493 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 68493 | DeprecAndDepletionNetInvstIncm |
| Trav Conf Meeting Rev And Expnss | 1247 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 935 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 312 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 5894 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 5894 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 184612 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 177415 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 7197 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 241000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 241000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 425612 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 177415 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 248197 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 147043 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 411492 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 7192 | CashBOY |
| Cash EOY | 13533 | CashEOY |
| Cash EOYFMV | 13533 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 246788 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 308634 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 308634 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 2296722 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 2448812 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 3088412 | InvestmentsCorpStockEOYFMV |
| Other Assets BOY | 220476 | OtherAssetsBOY |
| Other Assets EOY | 148528 | OtherAssetsEOY |
| Other Assets EOYFMV | 1630623 | OtherAssetsEOYFMV |
| Total Assets BOY | 2771178 | TotalAssetsBOY |
| Total Assets EOY | 2919507 | TotalAssetsEOY |
| Total Assets EOYFMV | 5041202 | TotalAssetsEOYFMV |
| Other Liabilities EOY | 1286 | OtherLiabilitiesEOY |
| Total Liabilities EOY | 1286 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 2707302 | CapitalStockBOY |
| Capital Stock EOY | 2771183 | CapitalStockEOY |
| Retained Earnings BOY | 63876 | RetainedEarningsBOY |
| Retained Earnings EOY | 147038 | RetainedEarningsEOY |
| Total Net Assets BOY | 2771178 | TotalNetAssetsBOY |
| Total Net Assets EOY | 2918221 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 2771178 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 2919507 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 2771178 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 147043 | ExcessOfRevenueOverExpenses |
| Subtotal | 2918221 | Subtotal |
| Total Net Assets Fund Balances EOY | 2918221 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (63 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| CHEVRON CORP | D | 1998-03-23 | 2011-03-23 | 26232 | 2062 | 24170 | 24170 |
| BERKSHIRE HATHAWAY INC | P | 2006-10-03 | 2011-09-02 | 3467 | 3175 | 292 | 292 |
| FOREST OIL CORP NEW | P | 2010-05-19 | 2011-09-02 | 11088 | 16014 | -4926 | -4926 |
| SPDR S AND P EMERGING | P | 2010-09-13 | 2011-02-04 | 52307 | 51414 | 893 | 893 |
| WISDOMTREE TR BRAZILIAN | P | 2011-06-02 | 2011-09-28 | 49782 | 57145 | -7363 | -7363 |
| CHEVRON CORP | D | 1998-03-23 | 2011-03-30 | 10762 | 825 | 9937 | 9937 |
| BERKSHIRE HATHAWAY INC | P | 2006-11-08 | 2011-09-02 | 6935 | 7223 | -288 | -288 |
| TOTAL SA SP ADR | P | 2010-06-02 | 2011-06-03 | 2777 | 2335 | 442 | 442 |
| SPDR S P DIVID ETF | P | 2010-10-05 | 2011-02-04 | 109400 | 106131 | 3269 | 3269 |
| WISDOMTREE EMERGING | P | 2011-08-12 | 2011-09-28 | 29173 | 32273 | -3100 | -3100 |
| CHEVRON CORP | D | 1998-03-23 | 2011-05-26 | 15394 | 1237 | 14157 | 14157 |
| BERKSHIRE HATHAWAY INC | P | 2006-11-17 | 2011-09-02 | 3467 | 3591 | -124 | -124 |
| VALE SA PFD SHS ADR | P | 2010-09-22 | 2011-11-23 | 3172 | 3822 | -650 | -650 |
| SPDR S AND P EMERGING | P | 2010-10-05 | 2011-02-04 | 11552 | 12053 | -501 | -501 |
| SPDR GOLD TRUST | P | 2010-12-31 | 2011-12-31 | 193 | 170 | 23 | 23 |
| JOHNSON AND JONSON COM | P | 2001-02-26 | 2011-03-09 | 3014 | 2392 | 622 | 622 |
| PETROLEO BRAS SA ADR | P | 2008-03-28 | 2011-11-22 | 4857 | 8410 | -3553 | -3553 |
| BANCO BRADESCO SA ADR | P | 2011-02-18 | 2011-02-18 | 51 | 51 | ||
| SPDR S AND P EMERGING | P | 2010-10-05 | 2011-05-18 | 33377 | 34357 | -980 | -980 |
| BERKSHIRE HATHAWAY INC | P | 2001-11-23 | 2011-09-02 | 6935 | 4524 | 2411 | 2411 |
| MERCK AND CO INC SHS | P | 2008-04-03 | 2011-03-23 | 1625 | 1864 | -239 | -239 |
| TOTAL SA SP ADR | P | 2011-06-02 | 2011-06-20 | 10848 | 9338 | 1510 | 1510 |
| PIMCO 15+ YR US TIPS IND | P | 2010-10-05 | 2011-06-02 | 18280 | 18649 | -369 | -369 |
| INTEL CORP | P | 2002-03-27 | 2011-05-03 | 1145 | 1520 | -375 | -375 |
| PETROLEO BRAS SA ADR | P | 2008-10-15 | 2011-11-22 | 14572 | 13356 | 1216 | 1216 |
| VANGUARD FTSE ALL WORLD | P | 2008-12-16 | 2011-06-03 | 45115 | 28997 | 16118 | 16118 |
| FIRST TR BICK INDEX FD | P | 2010-10-05 | 2011-06-03 | 42521 | 42563 | -42 | -42 |
| BERKSHIRE HATHAWAY INC | P | 2002-12-02 | 2011-09-02 | 3467 | 2458 | 1009 | 1009 |
| MERCK AND CO INC SHS | P | 2008-10-20 | 2011-03-23 | 6499 | 6166 | 333 | 333 |
| SPDR S P CHINA | P | 2009-06-05 | 2011-02-04 | 52066 | 42381 | 9685 | 9685 |
| ISHARES MSCI GERMANY | P | 2010-12-10 | 2011-05-18 | 36238 | 32556 | 3682 | 3682 |
| BERKSHIRE HATHAWAY INC | P | 2002-12-16 | 2011-09-02 | 3467 | 2410 | 1057 | 1057 |
| MERCK AND CO INC SHS | P | 2008-10-30 | 2011-03-23 | 1625 | 1497 | 128 | 128 |
| VANGUARD DIVIDEND | P | 2010-02-12 | 2011-10-07 | 10377 | 9545 | 832 | 832 |
| ISHARES MSCI SOUTH KOREA | P | 2011-02-04 | 2011-03-16 | 29549 | 32517 | -2968 | -2968 |
| GOLDMAN SACHS GROUP INC | P | 2005-03-31 | 2011-09-02 | 5339 | 5468 | -129 | -129 |
| CHINA UNICOM HONG KONG | P | 2009-08-04 | 2011-09-02 | 25115 | 17868 | 7247 | 7247 |
| VANGUARD DIVIDEND | P | 2010-06-08 | 2011-10-07 | 10277 | 9323 | 954 | 954 |
| ISHARES MSCI SOUTH KOREA | P | 2011-02-04 | 2011-05-18 | 57400 | 55519 | 1881 | 1881 |
| GOLDMAN SACHS GROUP INC | P | 2005-04-18 | 2011-09-02 | 5339 | 5395 | -56 | -56 |
| VALE SA PFD SHS ADR | P | 2009-08-11 | 2011-11-22 | 15742 | 12299 | 3443 | 3443 |
| VANGUARD REIT ETF | P | 2010-09-20 | 2011-10-07 | 28949 | 31085 | -2136 | -2136 |
| POWERSHARES QQQ TR UNITS | P | 2011-02-04 | 2011-06-03 | 53833 | 53993 | -160 | -160 |
| ISHARES MSCI AUSTRALIA | P | 2005-07-19 | 2011-12-21 | 10642 | 8785 | 1857 | 1857 |
| VALE SA PFD SHS ADR | P | 2009-08-11 | 2011-11-23 | 6345 | 5271 | 1074 | 1074 |
| VANGUARD REIT ETF | P | 2010-10-05 | 2011-10-07 | 2021 | 2151 | -130 | -130 |
| ISHARES MSCI HONG KONG | P | 2011-02-04 | 2011-08-08 | 47253 | 55099 | -7846 | -7846 |
| JPMORGAN CHASE & CO | P | 2005-12-28 | 2011-12-21 | 3218 | 4010 | -792 | -792 |
| ISHARES FTSE HK | P | 2009-09-22 | 2011-12-09 | 7228 | 8634 | -1406 | -1406 |
| SPDR GOLD TRUST | P | 2010-12-30 | 2011-12-31 | 329 | 194 | 135 | 135 |
| STANDARD & POORS DEP RECP | P | 2011-02-04 | 2011-09-14 | 49604 | 55072 | -5468 | -5468 |
| MERCK AND CO INC SHS | P | 2006-08-29 | 2011-03-09 | 8302 | 10298 | -1996 | -1996 |
| ISHARES FTSE HK | P | 2009-10-13 | 2011-12-09 | 3614 | 4243 | -629 | -629 |
| SPDR S AND P EMERGING | P | 2010-06-08 | 2011-02-04 | 35465 | 29208 | 6257 | 6257 |
| WISDOMTREE ASIA LOCAL | P | 2011-03-18 | 2011-09-28 | 31300 | 31513 | -213 | -213 |
| MERCK AND CO INC SHS | P | 2006-08-29 | 2011-03-23 | 11373 | 14417 | -3044 | -3044 |
| VALE SA PFD SHS ADR | P | 2010-03-08 | 2011-11-23 | 5287 | 6647 | -1360 | -1360 |
| WISDOMTREE INDIA | P | 2010-07-23 | 2011-02-04 | 39218 | 40506 | -1288 | -1288 |
| ISHARES MSCI HONG KONG | P | 2011-06-02 | 2011-08-08 | 31463 | 36232 | -4769 | -4769 |
| MERCK AND CO INC SHS | P | 2006-08-31 | 2011-03-23 | 1625 | 2028 | -403 | -403 |
| MARATHON OIL CORP | P | 2010-05-19 | 2011-06-23 | 30449 | 19512 | 10937 | 10937 |
| WISDOMTREE EMERGING | P | 2010-08-10 | 2011-06-03 | 32708 | 31055 | 1653 | 1653 |
| STANDARD & POORS DEP RECP | P | 2011-06-02 | 2011-09-14 | 1181 | 1320 | -139 | -139 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 69782 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | -16038 | NetShortTermCapitalGainOrLoss |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 259465 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 4743006 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.054705 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 204960 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 4253852 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.048182 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 190734 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 4649394 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.041023 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 219019 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 4187347 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.052305 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 188712 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 3684145 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.051223 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.247438 | TotalDistributionRatio |
| Average Distribution Ratio | 0.049488 | AverageDistributionRatio |
| Net Noncharitable Assets | 5064152 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 250615 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 4115 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 254730 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 248197 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 8230 | InvestmentIncomeExciseTax |
| Subtotal | 8230 | Subtotal |
| Tax Based On Investment Income | 8230 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 9117 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 9117 | TotalCreditsAndPayments |
| Overpayment | 887 | Overpayment |
| Amount Credited To Next Year | 887 | 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 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | 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 | N/A | WebsiteAddress |
| Books In Care Of Person Name | WENDELL D MOORE | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 8067456789 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2403 82ND STREET | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 79423 | ZIPCode |
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 | true | 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 |
| Business Holdings | false | BusinessHoldings |
| 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 |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| MARY FRANCES ROSS | ||||||||
| 2200 QUAIL HOLLOW DRIVE | BRYAN | TX | 77802 | PRESIDENT | 2.00 | 0 | 0 | 0 |
| MARGARET PURVIS | ||||||||
| PO BOX 51990 | MIDLAND | TX | 79710 | VICE PRES | 1.00 | 0 | 0 | 624 |
| WENDELL D MOORE | ||||||||
| 5314 77TH STREET | LUBBOCK | TX | 79424 | TREASURER | 1.00 | 0 | 0 | 624 |
| MARSHA FRANCES ROSS SHAER | ||||||||
| 2200 QUAIL HOLLOW DRIVE | BRYAN | TX | 77802 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| AMANDA LEE ROSS | ||||||||
| 2200 QUAIL HOLLOW DRIVE | BRYAN | TX | 77802 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE (THE FOUNDATION'S ONLY PURPOSE IS MAKING GRANTS TO TAX EXEMPT ORGANIZATIONS.) | Description1 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 3093692 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 426249 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 1621330 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 5141271 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 5141271 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 77119 | CashDeemedCharitable |
| Net Noncharitable Assets | 5064152 | NetNoncharitableAssets |
| Minimum Investment Return | 253208 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 253208 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 8230 | TaxBasedOnInvestmentIncome |
| Total Tax | 8230 | TotalTax |
| Distributable Amount Before Adj | 244978 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 244978 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 244978 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 248197 | ExpensesAndContributions |
| Qualifying Distributions | 248197 | QualifyingDistributions |
| Adj Qualifying Distributions | 248197 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 244978 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 2663 | UndistributedIncomePriorYear |
| Qualifying Distributions | 248197 | QualifyingDistributions |
| Applied To Year1 | 2663 | AppliedToYear1 |
| Applied To Current Year | 244978 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 556 | RemainingDistriFromCorpus |
| Total Corpus | 556 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 556 | ExcessDistriCyovToNextYear |
| Excess From Current Year | 556 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | THE MARSHAL VERNE ROSS FOUNDATION | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2200 QUAIL HOLLOW DRIVE | AddressLine1 |
| City | BRYAN | City |
| State | TX | State |
| ZIP Code | 77802 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 8067456789 | RecipientPhoneNumber |
| Form And Info And Materials | LETTER DETAILING REQUEST AND PURPOSE FOR WHICH TO BE USED. ALSO TO BE INCLUDED IS LATEST REPORT FILED WITH THE INTERNAL REVENUE SERVICE AND DOCUMENTS SHOWING 501(C)3 STATUS OR OTHER TAX EXEMPT STATUS. | FormAndInfoAndMaterials |
| Submission Deadlines | JUNE 30 OF THE YEAR FOR WHICH REQUEST FOR GRANT OR CONTRIBUTION IS REQUESTED. | SubmissionDeadlines |
| Restrictions On Awards | LIMITED TO 501(C)3 OR OTHER TAX EXEMPT ORGANIZATIONS LOCATED IN THE CONTINENTAL UNITED STATES. | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (9 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Business Name Line2RecipientBusinessName/BusinessNameLine2 |
|---|---|---|---|---|---|---|---|---|
| CROSSVIEW CHRISTIAN CAMP | ||||||||
| PO BOX 288 | DICKENS | TX | 79229 | NONE | PUBLIC | SUMMER CAMP | $7,500 | |
| MIDLAND MEMORIAL FOUNDATI | ||||||||
| 2200 WEST ILLINOIS AVENUE | MIDLAND | TX | 79701 | NONE | PUBLIC | NURSING SCHOLARSHIP FUND | $27,000 | |
| MIDLAND COLLEGE FOUNDATIO | ||||||||
| 3600 N GARFIELD | MIDLAND | TX | 79705 | NONE | PUBLIC | NURSING SCHOLARSHIPS | $15,000 | |
| TEXAS TECH UNIVERSITY | ||||||||
| 800 WEST FOURTH STREET | ODESSA | TX | 79763 | NONE | PUBLIC | PHYSICIANS ASSISTANT SCHOLARSHIPS | $75,000 | SCHOOL OF ALLIED HEALTH-PERMIAN BASIN |
| ST JOSEPH FOUNDATION | ||||||||
| PO BOX 993 | BRYAN | TX | 77805 | NONE | PUBLIC | PROJECT FUNDS | $70,000 | |
| SOS MINISTRIES | ||||||||
| PO BOX 2866 | BRYAN | TX | 77805 | NONE | PUBLIC | SCHOOL SUPPLIES & CHILDRENS CLOTHING | $8,000 | |
| TEXAS A&M FOUNDATION | ||||||||
| TEXAS AM UNIVERSITY | COLLEGE STATION | TX | 77843 | NONE | PUBLIC | SCHOLARSHIPS | $10,000 | TEXAS A&M UNIVERSITY |
| STILL CREEK RANCH | ||||||||
| 6055 HEARNE ROAD | BRYAN | TX | 77808 | NONE | PUBLIC | EDUCATIONAL NEEDS | $18,500 | |
| TRINITY CHRISTIAN SCHOOLS | ||||||||
| 3500 W WADLEY AVENUE | MIDLAND | TX | 79707 | NONE | PUBLIC | FINANCIAL AID | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 241000 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $541 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $64,701 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 15 | ExclusionCode |
| Exclusion | $453,883 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $53,530 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $572,655 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 572655 | 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) |
|---|---|---|
| Category | ACCOUNTING AND CONSULTING GROUP | Category |
| Amount | $27,540 | Amount |
| Net Investment Income | 20655 | NetInvestmentIncome |
| Disbursements Charitable Prps | 6885 | DisbursementsCharitablePrps |
Compensation Explanation CompensationExplanation
Compensation Compensation (5 entries)
| MARY FRANCES ROSS |
| MARGARET PURVIS |
| WENDELL D MOORE |
| MARSHA FRANCES ROSS SHAER |
| AMANDA LEE ROSS |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (95 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| ANADARKO PETE CORP | 16936 | 17174 |
| ANALOG DEVICES, INC. COM | 18707 | 21468 |
| APACHE CORP | 35970 | 30770 |
| APPLE INC | 30374 | 60750 |
| BANCO BRADESCO S A ADR | 13173 | 10008 |
| BARRICK GOLD CORPORATION | 33470 | 54300 |
| BERKSHIRE HATHAWAY CLUB | ||
| BHP BILLITON PLC SP ADR | 27650 | 43792 |
| BRISTOL-MEYERS SQUIBB CO | 26722 | 42288 |
| CANADIAN NATL RAILWAY CO. | 15136 | 23568 |
| CANADIAN PACIFIC RAILWAY | 17497 | 18271 |
| CATERPILLAR INC. DEL | 23111 | 27180 |
| CHEVRON/TEXACO CORPORATION | 30564 | 79800 |
| CHINA UNICOM HONG KONG | ||
| CNOOC LTD ADR | 20990 | 26202 |
| COCA COLA | 51414 | 52477 |
| CONTINENTAL RESOURCES | 9704 | 10006 |
| DEERE CO. | 46434 | 46410 |
| DEVON ENERGY CORP NEW | 33022 | 31000 |
| DIAGEO PLC SPSD ADR NEW | 30870 | 52452 |
| EMERSON ELEC CO | 32077 | 46590 |
| ENBRIDGE ENERGY PARTNERS | 15739 | 16595 |
| ENERGY TRANSFER PTNRS LP | 16769 | 18340 |
| ENTERPRISE PRODUCTS PARTNERS, LP | 6981 | 74208 |
| ENSCO PLC-SPON ADR | 22823 | 18768 |
| EOG RESOURCES, INC. | 23610 | 24627 |
| EV ENERGY PARTNERS, LP | 16105 | 23065 |
| EXXON MOBIL CORPORATION | 27530 | 63570 |
| FOREST OIL CORP NEW | ||
| FREEPORT-MCMRAN CPR & GLD | 30767 | 22074 |
| GENERAL ELECTRIC | 56288 | 35820 |
| GOLDMAN SACHS GROUP INC | ||
| HONEYWELL INTL INC DEL | 38634 | 48915 |
| INTEL CORP | 31025 | 29100 |
| ISHARES FTSE XINHUA HK | ||
| ISHARES MSCI AUSTRALIA INDEX FUND | 18790 | 21440 |
| ISHARES MSCI BRAZIL FREE | 31830 | 25825 |
| ISHARES MSCI CDA INDEX FUND | 25152 | 31920 |
| ISHARES TR DOW JONES US | 27317 | 23366 |
| JOHNSON AND JOHNSON | 34431 | 45906 |
| JOHNSON CONTROLS INC. | 20095 | 15630 |
| JP MORGAN CHASE & CO | 26804 | 19950 |
| KINDER MORGAN ENERGY | 63713 | |
| LINN ENERGY | 21137 | 26537 |
| MAGELLAN MIDSTREAM HLDGS LP | 24840 | 55104 |
| MARATHON OIL CORP | ||
| MARKET VECTORS ETF | 4664 | 5143 |
| MCDONALDS CORP | 25780 | 45148 |
| MERCK & CO INC. | ||
| NESTLE SA REP RG SH ADR | 29665 | 43282 |
| NEWMOUNT MINING CORP | 16077 | 24004 |
| NORFOLK SOUTHERN CORP | 16021 | 21858 |
| NOVARTIS ADR | 20192 | 22868 |
| OCCIDENTAL PERMIAN | 20476 | 32795 |
| PEPSICO, INC. | 43076 | 66350 |
| PETROLEO BRAS SA ADR | ||
| PLAINS ALL AMERICAN PIPELINE LP | 22673 | 58760 |
| POTASH CORP SASKATCHEWAN | 19210 | 24768 |
| PROCTER & GAMBLE | 23159 | 50032 |
| QUALCOMM INC | 22471 | 27350 |
| SCHLUMBERGER, LTD | 26849 | 47817 |
| SEADRILL LTD | 22398 | 23226 |
| STATOIL ASA SHS | 21160 | 23049 |
| TECK RESOURCES LTD CLS B | 22586 | 17595 |
| TEVA PHARMACTCL INDS ADR | 17953 | 12108 |
| TOTAL S. A. SP ADR | ||
| UNILEVER NV NY REG SHS | 18864 | 24059 |
| UNITED TECHS CORP COM | 30667 | 29236 |
| VALE SA PFD SHS ADR | ||
| WESTPAC BANKING ADR | 13615 | 12288 |
| WHITING PETROLEUM CORP | 9918 | 7004 |
| YUM BRANDS, INC. | 27626 | 38357 |
| CURRENCYSHARES JAPANESE | 51986 | 51812 |
| ELEMENTS-ROGERS TR | 26429 | 29768 |
| FIRST TR BICK INDEX FD | ||
| ISHARES BARCLAY 7-10 YR | 34000 | 37161 |
| ISHARES BARCLAYS TIPS BO | 83574 | 84950 |
| ISHARES IBOXX | 31267 | 31967 |
| ISHARES MSCI GERMANY | ||
| ISHARES MSCI HONG KONG | 84221 | 82672 |
| PIMCO 15+ YR US TIPS IND | 34332 | 39281 |
| POWERSHARES QQQ | 54851 | 54602 |
| SPDR GOLD TRUST | 99450 | 138311 |
| SPDR S P CHINA | ||
| SPDR S AND P EMERGING | ||
| SPDR S P DIVID ETF | ||
| VANGUARD DIVIDEND | 85865 | 89189 |
| VANGUARD FTSE ALL WORLD | ||
| VANGUARD MSCI EMERGING | 45337 | 35497 |
| VANGUARD MSCI EUROPE | 45591 | 36879 |
| VANGUARD REIT ETF | 76848 | 83636 |
| VANGUARD TOTAL STK MKT | 154212 | 202738 |
| WISDOM TREE ASIA LOCAL | 35261 | 33873 |
| WISDOMTREE EMERGING | ||
| WISDOMTREE INDIA |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (3 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| OIL AND GAS ROYALTY INTEREST | 207729 | 139235 | 1621330 |
| FEDERAL INCOME TAX DEPOSIT | 12747 | 9117 | 9117 |
| DIVIDENDS RECEIVABLE | 176 | 176 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (8 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| EXPENSES | ||
| BANK SERVICE CHARGES | 60 | 60 |
| INTANGIBLE DRILLING COSTS | 2467 | 2467 |
| INVESTMENT EXPENSES | 692 | 692 |
| MISCELLANEOUS EXPENSE | 212 | 212 |
| PARTNERSHIP INVESTMENT EXPENS | 65 | 65 |
| DEPLETION | 2310 | 2310 |
| PARTNERSHIP NONDEDUCTIBLE EXP | 88 | 88 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (8 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| OCCIDENTAL PERMIAN LTD | 456623 | 456623 |
| ENTERPRISE PRODUCTS PARTNERS | 379 | 379 |
| ENERGY TRANSFER PARTNERS, LP | -848 | -848 |
| EV ENERGY PARTNERS, LP | 251 | 251 |
| LINN ENERGY, LLC | 370 | 370 |
| MAGELLAN MISTREAM PARTNERS | 421 | 421 |
| KINDER MORGAN ENERGY PARTNERS | -4319 | -4319 |
| PLAINS ALL AMERICAN PIPELINE | 1006 | 1006 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | KINDERMORGAN PAYABLE | Description |
| EOY Book Value | 1286 | EOYBookValue |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| INVESTMENT MANAGEMENT FEES | $17,429 | 17429 |
| PIA ADVISORY FEES | $13,745 | 13745 |
Taxes Schedule TaxesSchedule
Taxes Taxes (4 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| PRODUCTION TAXES | $18,004 | 18004 |
| PROPERTY TAXES | $26,699 | 26699 |
| FOREIGN TAXES | $1,931 | 1931 |
| INCOME TAXES | $3,630 | 3630 |
Comments