CRAIN FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- CRAIN FOUNDATION (EIN 75-2698267)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-09
- IRS object ID
- 201143139349100519
- Schema version
- 2010v3.4
- 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
- Schedule B
- Accounting Fees Schedule
- Distribution From Corpus Election
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-09T16:33:21-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HUSELTON MORGAN & MAULTSBY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12221 MERIT DRIVE SUITE 1800 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75251 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752698267 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CRAIN FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CRAI | NameControl |
| Phone | 9037588276 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 2146 | AddressLine1 |
| City | LONGVIEW | City |
| State | TX | State |
| ZIP Code | 75606 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SUSAN MINCEY | Name |
| Title | VP/ TREAS | Title |
| Phone | 9037588276 | Phone |
| Date Signed | 2011-11-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | VANCE K MAULTSBY | Name |
| Phone | 9724041010 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 26203057 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 1000000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 25703 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 25703 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 546394 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 546394 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 110749 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 147158 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 110749 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 392319 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 317877 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 2075165 | TotalRevenueAndExpenses |
| Total Net Investment Income | 1000723 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 1500 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 1500 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 0 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 21765 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 3312 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 74466 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 74466 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 97731 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 79278 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 666100 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 666100 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 763831 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 79278 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 666100 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 1311334 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 921445 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 8591786 | CashBOY |
| Cash EOY | 9279203 | CashEOY |
| Cash EOYFMV | 9279203 | CashEOYFMV |
| Accounts Receivable | 18737 | AccountsReceivable |
| Accounts Receivable BOY | 21130 | AccountsReceivableBOY |
| Accounts Receivable EOY | 18737 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 18737 | AccountsReceivableEOYFMV |
| Investments Corp Stock BOY | 6719301 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 6825041 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 7054694 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 6270431 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 6845950 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 7111253 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 2793981 | InvestmentsOtherBOY |
| Investments Other EOY | 2739170 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 2739170 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 24396629 | TotalAssetsBOY |
| Total Assets EOY | 25708101 | TotalAssetsEOY |
| Total Assets EOYFMV | 26203057 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 24396629 | RetainedEarningsBOY |
| Retained Earnings EOY | 25708101 | RetainedEarningsEOY |
| Total Net Assets BOY | 24396629 | TotalNetAssetsBOY |
| Total Net Assets EOY | 25708101 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 24396629 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 25708101 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 24396629 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 1311334 | ExcessOfRevenueOverExpenses |
| Other Increases | 138 | OtherIncreases |
| Subtotal | 25708101 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 25708101 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | Gross Sales PriceGrossSalesPrice |
|---|---|---|---|---|---|
| GROSVENOR INSTITUTIONAL PARTNERS LP | P | 3669 | -3669 | -3669 | |
| GROSVENOR INSTITUTIONAL PARTNERS LP | P | 32740 | -32740 | -32740 | |
| CAPITAL GAINS DIVIDENDS | P | 147158 | 147158 | 147158 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 110749 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 560000 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 22223212 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.025199 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 884000 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 17141953 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.051569 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 753900 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 15157374 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.049738 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 259245 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 11208563 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.023129 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 442500 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 8491416 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.052111 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.201746 | TotalDistributionRatio |
| Average Distribution Ratio | 0.040349 | AverageDistributionRatio |
| Net Noncharitable Assets | 24390973 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 984151 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 9214 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 993365 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 666100 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 18429 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 18429 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 18429 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 14000 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 14500 | TaxPaidWithExtension |
| Total Credits And Payments | 28500 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 33 | PenaltyForUnderpayment |
| Overpayment | 10038 | Overpayment |
| Amount Credited To Next Year | 10038 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | TX | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | SUSAN MINCEY | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 9037588276 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 E TYLER | AddressLine1 |
| City | LONGVIEW | City |
| State | TX | State |
| ZIP Code | 75601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 1 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | 0 | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
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 |
|---|---|---|---|---|---|---|---|---|
| ANN LACY CRAIN | ||||||||
| 222 E TYLER STREET | LONGVIEW | TX | 75601 | PRES/ DIRECTOR | 1.00 | 0 | 0 | 0 |
| ROGERS L CRAIN | ||||||||
| 712 MAIN STREET SUITE 3400 | HOUSTON | TX | 75601 | VP/ SEC/ DIRECTOR | 1.00 | 0 | 0 | 0 |
| B WALTER CRAIN III | ||||||||
| 712 MAIN STREET SUITE 3400 | HOUSTON | TX | 75601 | VP/ DIRECTOR | 1.00 | 0 | 0 | 0 |
| ANN LACY CRAIN II | ||||||||
| 712 MAIN STREET SUITE 3400 | HOUSTON | TX | 75601 | VP/ DIRECTOR | 1.00 | 0 | 0 | 0 |
| SUSAN MINCEY | ||||||||
| 222 E TYLER STREET | LONGVIEW | TX | 75601 | VP/ TREAS | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 13212503 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 7756197 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 3793709 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 24762409 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 24762409 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 371436 | CashDeemedCharitable |
| Net Noncharitable Assets | 24390973 | NetNoncharitableAssets |
| Minimum Investment Return | 1219549 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 1219549 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 18429 | TaxBasedOnInvestmentIncome |
| Total Tax | 18429 | TotalTax |
| Distributable Amount Before Adj | 1201120 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 1201120 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 1201120 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 666100 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 666100 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 666100 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 1201120 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year2 | 27182 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 560000 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 587182 | TotalExcessDistriCarryover |
| Qualifying Distributions | 666100 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 52162 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 613938 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 587182 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 587182 | ExcessDistriCyovAppliedCY |
| Total Corpus | 52162 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 52162 | ExcessDistriCyovToNextYear |
| Excess From Current Year | 52162 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | ANN LACY CRAIN | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2146 | AddressLine1 |
| City | LONGVIEW | City |
| State | TX | State |
| ZIP Code | 75606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 9037588276 | RecipientPhoneNumber |
| Form And Info And Materials | EXPLANATION OF REQUESTING ORGANIZATION, PROPOSED AMOUNT AND USE, PROOF OF THEIR IRS EXEMPT STATUS (LETTER RULING) OR THAT THEY ARE A NON-PROFIT ORGANIZATION AND ARE EXEMPT FROM PAYING INCOME TAX. | FormAndInfoAndMaterials |
| Submission Deadlines | APPLICATIONS ARE ACCEPTED AT ANY TIME | SubmissionDeadlines |
| Restrictions On Awards | GRANTS ARE MADE ONLY TO TAX-EXEMPT ORGANIZATIONS QUALIFYING AS SEC. 501(C)(3) ORGANIZATIONS OR SIMILAR EXEMPTION. | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (40 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| BAYOU BEND COLLECTIONSGARDENS | ||||||||
| PO BOX 6826 | HOUSTON | TX | 77265 | NONE | PUBLIC | GENERAL CONTRIBUTION | $23,000 | |
| BO'S PLACE | ||||||||
| 10050 BUFFALO SPEEDWAY | HOUSTON | TX | 77054 | NONE | PUBLIC | GENERAL CONTRIBUTION | $1,000 | |
| BOYS AND GIRLS CLUB OF GREGG CO | ||||||||
| PO BOX 2426 | LONGVIEW | TX | 75606 | NONE | PUBLIC | GENERAL CONTRIBUTION | $10,000 | |
| CAMP ALLEN | ||||||||
| 18800 FM 362 | NAVASOTA | TX | 77868 | NONE | PUBLIC | GENERAL CONTRIBUTION | $1,000 | |
| CAMP FOR ALL FOUNDATION | ||||||||
| 10500 NW FREEWAY SUITE 220 | HOUSTON | TX | 77092 | NONE | PUBLIC | GENERAL CONTRIBUTION | $75,000 | |
| PRESBYTERIAN CAMPS AT GILMONT | ||||||||
| PO BOX 683 | LONGVIEW | TX | 75606 | NONE | PUBLIC | GENERAL CONTRIBUTION | $70,000 | |
| COLGATE UNIVERSITY | ||||||||
| 13 OAK DRIVE | HAMILTON | NJ | 13346 | NONE | PUBLIC | GENERAL CONTRIBUTION | $2,500 | |
| EAST TEXAS AREA COUNCIL | ||||||||
| 1331 EAST 5TH STREET | TYLER | TX | 75701 | NONE | PUBLIC | GENERAL CONTRIBUTION | $2,500 | |
| EPISCOPAL HIGH SCHOOL | ||||||||
| PO BOX 271299 | HOUSTON | TX | 77277 | NONE | PUBLIC | GENERAL CONTRIBUTION | $138,500 | |
| FRIENDS OF RIVER OAKS PARK | ||||||||
| 3646 LOCKE LANE | HOUSTON | TX | 77027 | NONE | PUBLIC | GENERAL CONTRIBUTION | $500 | |
| GREENWOOD CEMETERY ASSOCIATION | ||||||||
| PO BOX 4625 | LONGVIEW | TX | 75606 | NONE | CEMETERY | GENERAL CONTRIBUTION | $500 | |
| HAVERTYS CHILDREN'S CHRISTMAS FUND | ||||||||
| 316 TEALWOOD | LONGVIEW | TX | 75601 | NONE | PUBLIC | CHRISTMAS FUND | $500 | |
| HOUSTON ARBORETUM & NATURE CENTER | ||||||||
| 4501 WOODWAY DRIVE | HOUSTON | TX | 77024 | NONE | PUBLIC | OPERATING BUDGET | $5,000 | |
| HOUSTON PBS | ||||||||
| 4343 ELGIN ST | HOUSTON | TX | 77204 | NONE | PUBLIC | GENERAL CONTRIBUTION | $1,000 | |
| JUNIOR LEAGUE OF HOUSTON | ||||||||
| DEPT 304 PO BOX 4346 | HOUSTON | TX | 77210 | NONE | PUBLIC | GENERAL CONTRIBUTION | $5,000 | |
| KAPPA KAPPA GAMMA CHARITABLE FOUND | ||||||||
| PO BOX 6770 | HOUSTON | TX | 77265 | NONE | PUBLIC | HOLIDAY PILGRIMMAGE 2010 | $12,500 | |
| KENYON COLLEGE | ||||||||
| 106 COLLEGE PARK DRIVE | GAMBIER | OH | 43022 | NONE | PUBLIC | GENERAL CONTRIBUTION | $2,500 | |
| LONGVIEW MUSEUM OF FINE ARTS | ||||||||
| PO BOX 3484 | LONGVIEW | TX | 75606 | NONE | PUBLIC | GENERAL CONTRIBUTION | $500 | |
| LONGVIEW PARTNERSHIP | ||||||||
| 401 N CENTER | LONGVIEW | TX | 75601 | NONE | PUBLIC | GENERAL CONTRIBUTION | $1,000 | |
| MYELOMA INSTITUTE FOR RESEARCH & THERAPY | ||||||||
| 4301 W MARKHAM ST | LITTLE ROCK | AR | 72205 | NONE | PUBLIC | GENERAL CONTRIBUTION | $100 | |
| NEUHAUS EDUCATION CENTER | ||||||||
| 4433 BISSONNET | BELLAIRE | TX | 77401 | NONE | PUBLIC | GENERAL CONTRIBUTION | $1,000 | |
| RHODES COLLEGE | ||||||||
| 2000 NORTH PARKWAY | MEMPHIS | TN | 38112 | NONE | PUBLIC | GENERAL CONTRIBUTION | $10,000 | |
| RIVER OAKS BAPTIST SCHOOL | ||||||||
| 2300 WILLOWICK | HOUSTON | TX | 77027 | NONE | PUBLIC | ENDOWMENT CAPITAL CAMPAIGN | $51,000 | |
| RIVER OAKS GARDEN CLUB | ||||||||
| 2503 WESTHEIMER | HOUSTON | TX | 77098 | NONE | PUBLIC | GENERAL CONTRIBUTION | $2,500 | |
| SOUTHERN METHODIST UNIVERSITY | ||||||||
| PO BOX 750100 | DALLAS | TX | 75275 | NONE | PUBLIC | GENERAL CONTRIBUTION | $17,500 | |
| ST LUKE'S EPISCOPAL HEALTH SYSTEM | ||||||||
| PO BOX 20269 MC 3-206 | HOUSTON | TX | 77225 | NONE | PUBLIC | GENERAL CONTRIBUTION | $1,000 | |
| ST JAMES' HOUSE | ||||||||
| 5800 WEST BAKER RD | BAYTOWN | TX | 77520 | NONE | PUBLIC | GENERAL CONTRIBUTION | $1,000 | |
| ST JOHN DIVINE EPISCOPAL CHURCH | ||||||||
| 2450 RIVER OAKS BLVD | HOUSTON | TX | 77019 | NONE | PUBLIC | GENERAL CONTRIBUTION | $15,000 | |
| ST JOHN'S SCHOOL | ||||||||
| 2401 CLAREMONT LANE | HOUSTON | TX | 77019 | NONE | PUBLIC | GENERAL CONTRIBUTION | $5,000 | |
| THE LAWRENCEVILLE SCHOOL | ||||||||
| PO BOX 6125 | LAWRENCEVILLE | NJ | 08648 | NONE | PUBLIC | GENERAL CONTRIBUTION | $78,500 | |
| THE MEMORIAL HERMANN FOUNDATION | ||||||||
| 929 GESSNER ST SUITE 2650 | HOUSTON | TX | 77024 | NONE | PUBLIC | STAMAN OGILVIE FUND | $25,000 | |
| THE TOMORROW FUND | ||||||||
| 3833 CLEGHORN AVE SUITE 400 | NASHVILLE | TN | 37215 | NONE | PUBLIC | GENERAL CONTRIBUTION | $2,500 | |
| TRINITY PAWLING SCHOOL | ||||||||
| 700 ROUTE 22 | PAWLING | NY | 12564 | NONE | PUBLIC | GENERAL CONTRIBUTION | $1,000 | |
| UNIVERSITY OF THE SOUTH | ||||||||
| 735 UNIVERSITY AVENUE | SEWANEE | TN | 37383 | NONE | PUBLIC | GENERAL CONTRIBUTION | $75,000 | |
| UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER | ||||||||
| 1515 HOLCOMBE | HOUSTON | TX | 77030 | NONE | PUBLIC | GENERAL CONTRIBUTION | $1,000 | |
| UNIVERSITY OF TEXAS LAW SCHOOL | ||||||||
| 727 EAST DEAN KEETON ST | AUSTIN | TX | 78705 | NONE | PUBLIC | GENERAL CONTRIBUTION | $1,000 | |
| URBAN HARVEST | ||||||||
| PO BOX 980460 | HOUSTON | TX | 77098 | NONE | PUBLIC | GENERAL CONTRIBUTION | $500 | |
| UT-AUSTIN MCCOMBS SCHOOL OF BUSINESS | ||||||||
| 1 UNIVERSITY STATION B6000 | AUSTIN | TX | 78712 | NONE | PUBLIC | GENERAL CONTRIBUTION | $5,000 | |
| WASHINGTON & LEE UNIVERSITY | ||||||||
| 204 W WASHINGTON ST DEVELOPMENT | LEXINGTON | VA | 24450 | NONE | PUBLIC | GENERAL CONTRIBUTION | $10,000 | BLDG |
| YELLOWSTONE ACADEMY | ||||||||
| 3000 TRULLEY ST | HOUSTON | TX | 77004 | NONE | PUBLIC | CONTRIBUTION FOR OPERATING BUDGET | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 666100 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $25,703 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $546,394 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $110,749 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed (3 entries)
| DescriptionDescription | Exclusion CodeExclusionCode | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| ROYALTY INCOME | 15 | $247,799 | |
| OTHER PORTFOLIO INCOME | 16 | $70,078 | |
| TAX EXEMPT INTEREST | 74442 |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $1,000,723 | ExclusionAmount |
| Related Or Exempt Function Income | 74442 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 1075165 | TotalPartXVIA |
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11C | LineNumber |
| Relationship Statement | TAX EXEMPT INTEREST INCOME - EXCLUDED BY SECTION 103 | RelationshipStatement |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | LACY HOLDINGS LTD | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2146 | AddressLine1 |
| City | LONGVIEW | City |
| State | TX | State |
| ZIP Code | 75606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 1000000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING EXPENSES | Category |
| Amount | $1,500 | Amount |
| Net Investment Income | 1500 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | THE CRAIN FOUNDATION HEREBY MAKES AN ELECTION UNDER THIS SUBPARAGRAPH TO TREAT 2010 EXCESS QUALIFYING DISTRIBUTIONS AS A DISTRIBUTION OUT OF CORPUS. | Election |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Bond | PIMCO TOTAL RETURN | NameOfBond |
| EOY Book Value | 6845950 | EOYBookValue |
| EOYFMV | 7111253 | EOYFMV |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (8 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| ALLERGEN INC | 28251 | 274680 |
| AMERICAN INTL GROUP INC | 36659 | 2996 |
| BP PLC SPONS ADR | 135000 | 144878 |
| EXXON MOBIL CORP | 107750 | 292480 |
| WEINGARTEN REALTY REIT | 21054 | 26730 |
| FISHER COMMUNICATIONS INC | 253848 | 122080 |
| VANGUARD TOTAL STOCK MARKET | 5208188 | 5282534 |
| HARBOR INTERNATIONAL INST REINVEST | 1034291 | 908316 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (2 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| BLACK STONE ACQ PARTNERS I LP PTSP INT | AT COST | 594895 | 594895 |
| GROSVENOR INSTITUTIONAL PARTNERS, LP | AT COST | 2144275 | 2144275 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| DEPLETION ON ROYALTY INCOME | 26985 | 26985 | 0 |
| BANK/INVESTMENT FEES | 15741 | 15741 | 0 |
| GROSVENOR INSTITUTIONAL PARTNERS OTHER DEDUCTIONS | 31740 | 31740 | 0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| ROYALTY INCOME | 247799 | 247799 | 247799 |
| OTHER PORTFOLIO INCOME | 70078 | 70078 | 70078 |
| TAX EXEMPT INTEREST | 74442 | 74442 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NONDEDUCTIBLE EXPENSE ADJUSTMENT | Description |
| Amount | $138 | Amount |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| STATE TAX EXPENSE ON ROYALTY | $1,352 | 1352 | 0 |
| FOREIGN TAX | $1,960 | 1960 | 0 |
| EXCISE TAX ON INVESTMENT INCOME | $18,453 | 0 | 0 |
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