Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2010
For calendar year 2010, or tax year beginning 09-01-2010 , and ending 08-31-2011
G
Check all that apply:
Name of foundation
THE ED RACHAL FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)500 N SHORELINE BLVDROOM/SUITE 606Room/suite
City or town, state, and ZIP code
CORPUS CHRISTI, TX78401
A Employer identification number

74-1116595
B Telephone number (see page 10 of the instructions)

(361) 881-9040
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$81,388,249J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 30 30 30
4 Dividends and interest from securities...... 1,407,007 1,407,007 1,407,007
5a Gross rents.............. 98,424 98,424 98,424
b Net rental income or (loss) 98,424
6a Net gain or (loss) from sale of assets not on line 10 -135,657
b Gross sales price for all assets on line 6a 10,121,127
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 17,074,410 17,730,817 17,074,410
12 Total. Add lines 1 through 11........ 18,444,214 19,236,278 18,579,871
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 333,000 185,172   147,828
14 Other employee salaries and wages...... 49,952 24,976   24,976
15 Pension plans, employee benefits....... 60,942 30,471   30,471
16a Legal fees (attach schedule)......... Click to see attachment 12,567 12,567    
b Accounting fees (attach schedule)....... Click to see attachment 19,185 15,348   3,837
c Other professional fees (attach schedule).... Click to see attachment 72,878 71,258   1,620
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 534,999 532,802   2,197
19 Depreciation (attach schedule) and depletion... Click to see attachment 40,214 40,214  
20 Occupancy.............. 29,786 14,893   14,893
21 Travel, conferences, and meetings....... 9,282 3,713   5,569
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 148,854 37,549   111,305
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,311,659 968,963   342,696
25 Contributions, gifts, grants paid........ 4,144,513 4,144,513
26 Total expenses and disbursements. Add lines 24 and 25 5,456,172 968,963   4,487,209
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,988,042
b Net investment income (if negative, enter -0-) 18,267,315
c Adjusted net income (if negative, enter -0-)... 18,579,871
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 1,929,650 4,839,489 4,839,490
2 Savings and temporary cash investments.......... 3,323,000 1,396,000 1,396,000
3 Accounts receivable bullet989,412
Less: allowance for doubtful accounts bullet   1,181,547 989,412 989,412
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet15,480
Less: allowance for doubtful accounts bullet     Click to see attachment15,480 15,480
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 28,966 2,126 2,126
10a Investments—U.S. and state government obligations (attach schedule) 19,057,773 Click to see attachment17,979,853 18,976,025
b Investments—corporate stock (attach schedule)........ 737,626 Click to see attachment737,626 737,626
c Investments—corporate bonds (attach schedule)........ 10,476,268 Click to see attachment17,472,815 18,097,535
11 Investments—land, buildings, and equipment: basis bullet7,279,339
Less: accumulated depreciation (attach schedule) bullet38,559 185,260 Click to see attachment7,240,780 7,066,050
12 Investments—mortgage loans.............. 14,015,163 14,268,505 14,268,505
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet1,066,201
Less: accumulated depreciation (attach schedule) bullet395,179 597,809 Click to see attachment671,022  
15 Other assets (describe bullet)     Click to see attachment15,000,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 51,533,062 65,613,108 81,388,249
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment172,071 Click to see attachment629,878
23 Total liabilities (add lines 17 through 22).......... 172,071 629,878
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 51,360,991 64,983,230
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 51,360,991 64,983,230
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 51,533,062 65,613,108
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 51,360,991
2 Enter amount from Part I, line 27a...................... 2 12,988,042
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 817,114
4 Add lines 1, 2, and 3.......................... 4 65,166,147
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 182,917
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 64,983,230
Form 990-PF (2010)
Form 990-PF (2010)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a INVESTMENTS P 2009-09-01 2011-08-31
b INVESTMENTS P 2010-09-01 2011-08-31
c LONG-TERM GAIN FROM PASS-THRU ENTITY P 2009-09-01 2011-08-31
d GALVESTON BAY BIODIESEL P 2009-07-01 2011-08-31
e GALVESTON BAY BIODIESEL - SEC 1231 P 2009-07-01 2011-08-31
STANDARD RENEWABLE ENERGY - SEC 1231 P 2009-09-01 2011-08-31
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 8,953,240   8,945,739 7,501
b 857,775   840,215 17,560
c 310,112     310,112
d     9,134 -9,134
e     274,834 -274,834
    186,862 -186,862
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       7,501
b       17,560
c       310,112
d       -9,134
e       -274,834
      -186,862
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -135,657
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3 -444,136
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2009 3,198,714 61,983,805 0.051606
2008 2,347,038 44,515,311 0.052724
2007 2,028,286 39,287,414 0.051627
2006 1,977,585 36,507,932 0.054169
2005 2,024,044 38,358,851 0.052766
2 Total of line 1, column (d) ...................... 2 0.262892
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.052578
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 76,333,803
5 Multiply line 4 by line 3....................... 5 4,013,479
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 182,673
7 Add lines 5 and 6......................... 7 4,196,152
8 Enter qualifying distributions from Part XII, line 4.............. 8 4,638,181
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2010)
Form 990-PF (2010)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 182,673
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 182,673
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 182,673
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 228,950
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 228,950
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 46,277
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet46,277 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletTX
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) Click to see attachment.......
    11
    Yes
     
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.EDRACHAL.ORG
    14
    The books are in care ofbulletPAUL D ALTHEIDE Telephone no.bullet (361) 881-9040
    Located atbullet500 N SHORELINE SUITE 606CORPUS CHRISTITX ZIP+4bullet78401
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
     
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    PAUL D ALTHEIDEClick to see attachment CEO/SECRETAR
    40.00     		221,000 0 0
    202 DEL MAR BLVD
    CORPUS CHRISTI,TX78404
    ROBERT L WALKERClick to see attachment VICE CHAIR
    4.00     		28,000 0 0
    8412 WHITEROSE COURT
    COLLEGE STATION,TX77845
    JOHN D WHITEClick to see attachment CHAIRMAN
    4.00     		28,000 0 0
    4028 OVERBROOK LANE
    HOUSTON,TX77027
    E RICHARD SCHENDELClick to see attachment TREASURER
    4.00     		28,000 0 0
    413 COLONY
    CORPUS CHRISTI,TX78412
    DAVID L HOYERClick to see attachment VICE TREASUR
    4.00     		28,000 0 0
    2610 PEBBLE BOW
    SAN ANTONIO,TX78232
    KENNETH W TRAWICKClick to see attachment ADVISORY MEM
    4.00     		0 0 0
    115 WYNDEN TRACE
    HOUSTON,TX77056
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 EXPENSES AND CAPITAL IMPROVEMENTS INCURRED IN DEVELOPING A RETREAT CENTER FOR QUALIFYING CIVIC, COMMUNITY AND NOT-FOR-PROFIT ORGANIZATIONS. 150,972
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    48,963,826
    b
    Average of monthly cash balances.......................
    1b
    5,164,371
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    23,368,050
    d
    Total (add lines 1a, b, and c).........................
    1d
    77,496,247
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    77,496,247
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    1,162,444
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    76,333,803
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    3,816,690
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,816,690
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    182,673
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    182,673
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,634,017
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    3,634,017
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    3,634,017
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    4,487,209
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
    150,972
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    4,638,181
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    182,673
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    4,455,508
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2009     		(c)
    2009     		(d)
    2010
    1 Distributable amount for 2010 from Part XI, line 7 3,634,017
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 624,167
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 4,638,181
    a Applied to 2009, but not more than line 2a 624,167
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2010 distributable amount..... 3,634,017
    e Remaining amount distributed out of corpus 379,997
    5 Excess distributions carryover applied to 2010.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 379,997
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		379,997
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010.... 379,997
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    PAUL D ALTHEIDE
    500 N SHORELINE BLVD SUITE 606
    CORPUS CHRISTI,TX78401
    (361) 881-9040
    bThe form in which applications should be submitted and information and materials they should include:
    NO SPECIFIED FORM.
    cAny submission deadlines:
    NO SPECIFIED DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LIMITED GEOGRAPHICALLY TO THE STATE OF TEXAS.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    GEORGE BUSH LIBRARY FOUND
    TEXAS A & M UNIVERSITY
    1000 GEORGE BUSH DRIVE W
    COLLEGE STATION,TX77845     		NONE EXEMPT EDUCATIONAL PROGRAMS 5,000
    THE CATTERY
    ATTN SAMANTHA PERSON
    P O BOX 8575
    CORPUS CHRISTI,TX78468     		NONE EXEMPT OPERATIONAL FUNDS 8,000
    CASA OF THE COASTAL BEND
    ATTN PAGE HALL
    PO BOX 4
    CORPUS CHRISTI,TX78403     		NONE EXEMPT OPERATING FUNDS 20,000
    TEXAS CZECH HERITAGECULT
    ATTN BEN W BOHUSLAV
    PO BOX 6
    LA GRANGE,TX78945     		NONE EXEMPT MUSEUM/LIBRARY DEVELOPMENT 25,000
    STEPHEN F AUSTIN STATE U
    ATTN SID WALKER
    PO BOX 6092
    NACOGDOCHES,TX75962     		NONE EXEMPT EDUCATION CERTIFICATION PROJECT 25,000
    TEXAS A&M UNIVERSITY
    ATTN RICHARD L CUMMINS
    1227 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT CORPS OF CADETS LEADERSHIP 50,000
    MARINE MILITARY ACADEMY
    ATTN LTCOL ROBERT GRIDER
    320 IWO JIMA BLVD
    HARLINGEN,TX78550     		NONE EXEMPT NO TEXAS CADET LEFT BEHIND 75,000
    BO'S PLACE
    ATTN GRAEME ETZLER
    10050 BUFFALO SPEEDWAY
    HOUSTON,TX77054     		NONE EXEMPT LITTLE FRIENDS GROUP 30,000
    NUECES COUNTY 4-H TRAP
    ATTN DEAN LEBER
    P O BOX 271052
    CORPUS CHRISTI,TX78427     		NONE EXEMPT 4-H SHOOTING SPORTS/PURCHASE BULLETS 10,000
    BROOKS COUNTY SHERIFF'S
    ATTN REY RODRIGUEZ
    PO BOX 558
    FALFURRIAS,TX78355     		NONE EXEMPT FULL COVERAGE COMMUNICATION 35,905
    HILL COUNTRY DAILY BREAD
    ATTN AGNES HUBBARD
    234 WEST BANDERS RD 133
    BOERNE,TX78006     		NONE EXEMPT SHARING IN THE HARVEST CAPITAL CAMPA 15,000
    UNIVERSITY OF TEXAS-PAN A
    ATTN VELINDA REYES
    1201 WEST UNIVERSITY DR
    EDINBURG,TX78539     		NONE EXEMPT SCHOLARSHIPS 20,000
    CASA OF KLEBERG COUNTY
    ATTN SEANA TOWLER
    PO BOX 1658
    KINGSVILLE,TX78364     		NONE EXEMPT BRUSH COUNTRY CASA 5,000
    BROOKS COUNTY ISD
    ATTN OSCAR GALINDO
    PO BOX 589
    FALFURRIAS,TX78355     		NONE EXEMPT FALFURRIAS FFA SCHOLARSHIPS 5,000
    TEXAS A&M UNIVERSITY
    ATTN STEVE BLOMSTEDT
    4222 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT FACULTY FELLOWSHIP 50,000
    CC POLICE ATHLETIC LEAG
    ATTN DAVID MORRIS
    PO BOX 9572
    CORPUS CHRISTI,TX78469     		NONE EXEMPT PAL CENTRAL & WEST UPGRADES 25,000
    FOSTER ANGELS OF SOUTH TX
    ATTN JENNIFER STARR
    PP BOX 18863
    CORPUS CHRISTI,TX78480     		NONE EXEMPT ASSISTANCE TO CHILDREN IN FOSTER CAR 40,000
    ROB&BESSIE WELDER WILDLIF
    ATTN DR SELMA GLASSCOCK
    PO BOX 1400
    SINTON,TX78387     		NONE EXEMPT SALARY FOR EDUCATOR PROJECT ASSISTAN 35,000
    YWCA OF CORPUS CHRISTI
    ATTN NANCY WESSON-DODD
    4601 CORONA DR
    CORPUS CHRISTI,TX78411     		NONE EXEMPT YW TEEN PROGRAM 11,016
    LOWER LAGUNA MADRE FOUNDA
    ATTN PATTY ALEXANDER
    PO BOX 153
    PORT MANSFIELD,TX78598     		NONE EXEMPT BIRDS OF THE LOWER LAGUNA MADRE 30,000
    PRESBYTERIAN CHILDREN'S H
    ATTN REV DR CHARLES MENDENHALL
    4407 BEE CAVE RD ST 520
    AUSTIN,TX78746     		NONE EXEMPT C. C. CHILD AND FAMILY PROGRAM 100,000
    WOMEN'S SHELTER OF S TX
    ATTN FRANCES WILSON
    PO BOX 3368
    CORPUS CHRISTI,TX78463     		NONE EXEMPT EMERGENCY SHELTER/SUPPORTIVE SERVICE 20,000
    TX RETIRED TEACHERS RESID
    ATTN BOB HERNDON
    5400 LAUREL LAKE DRIVE
    WACO,TX78710     		NONE EXEMPT WELLNES CENTER 20,000
    CHRISTIAN EDUCATION ACTIV
    ATTN SUSAN BENSON
    700 OCEAN DRIVE
    CORPUS CHRISTI,TX78412     		NONE EXEMPT EXPANSION OF THEOLOGICAL LIBRARY 20,000
    MARY MCLEOD BETHUNE DAY C
    ATTN JIMMIE BIBBS MCCURN
    900 KINNEY STREET
    CORPUS CHRISTI,TX78401     		NONE EXEMPT CHILD CARE SERVICES 10,000
    SALVATION ARMY
    ATTN MAJOR DANIEL NEW
    PO BOX 2507
    CORPUS CHRISTI,TX78403     		NONE EXEMPT SURVIVING THE NIGHT MOBILE CANTEEN 15,000
    TEXAS A&M UNIVERSITY UNDE
    ATTN PEGGY A SAMSON
    1125 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT SOUTH TEXAS PARENT PROGRAM 25,000
    MANNED SPACE FLIGHT ED
    ATTN DICK SANGER
    1601 NASA PARKWAY
    HOUSTON,TX77058     		NONE EXEMPT EXPLORATION ACADEMY 40,000
    ART COMMUNITY CENTER CC
    ATTN JESSICA THOMASON
    100 SHORELINE BLVD
    CORPUS CHRISTI,TX78401     		NONE EXEMPT OPERATION FUNDS 5,000
    CHILDREN AT RISK
    ATTN JAIME HANKS
    2900 WESLAYAN SUITE 400
    HOUSTON,TX77027     		NONE EXEMPT SALARY FOR NEW POLICY COORDINATOR 25,000
    BRAZORIA COUNTY ALLIANCE
    ATTU VICTORIA SIKES
    805 BUCHTA RD
    ANGLETON,TX77515     		NONE EXEMPT FORENSIC INTERVIEWING EQUIP 21,017
    GOOD SAMARITAN RESCUE MIS
    ATTN REV CAROLE MURPHREY
    PO BOX 65
    CORPUS CHRISTI,TX78403     		NONE EXEMPT HOMELESS SHELTER & DINER 25,000
    SEA CITY WORK CAMP
    ATTN SHIRLEY SYAMKEN
    PO BOX 10449
    CORPUS CHRISTI,TX78460     		NONE EXEMPT WORK CAMP 2011 5,000
    SPRIT CENTER
    ATTN DALE BAIRD
    2930 S ALAMEDA
    CORPUS CHRISTI,TX78404     		NONE EXEMPT CAPITAL CAMPAIGN 10,000
    COASTAL BEND KIDNEY FOUND
    ATTN BECKY GARDNER
    PO BOX 9172
    CORPUS CHRIST,TX78469     		NONE EXEMPT SALARY FOR OFFICE CLERK 6,032
    CC AREA COUNCIL DEAF
    ATTN SUSAN S TILLER
    5151 MCARDLE ROAD
    CORPUS CHRISTI,TX78411     		NONE EXEMPT ADULT LITERACY PROJECT 5,120
    COASTAL BEND ALCOHOLDRUG
    ATTN LARRY CHURN
    PO BOX 4996
    CORPUS CHRISTI,TX78469     		NONE EXEMPT DSHS MATCHING FUNDS 20,000
    TEXAS PARKS AND WILDLIFE
    ATTN CARMEN HASETTE
    POBOX 1167
    MATHIS,TX78368     		NONE EXEMPT FISHING DERBY 3,500
    HOUSTON TECHNOLOGY CENTER
    ATTN WALTER ULRICH
    410 PIERCE STREET
    HOUSTON,TX77002     		NONE EXEMPT GULF COAST INNOVATION CONFERENCE 25,000
    KINGDOM RANCH
    ATN JASON HAMILTON
    PO BOX 474
    SNOOK,TX77878     		NONE EXEMPT OPERATIONAL FUNDS 50,000
    COUNCIL ON FOUNDATIONS
    PO BOX 75661
    BALTIMORE,MD21275     		NONE EXEMPT GRANT IN LIEU OF DUES 4,990
    A&M CHURCH OF CHRIST
    ATTN BECKY HIX
    2475 EARL RUDDER FWY S
    COLLEGE STATION,TX77845     		NONE EXEMPT SPECIAL PROJECTS/R.L. WALKER 25,000
    UNIVERSITY OF TEXAS FOUND
    ATTN DOUG RATCLIFF
    PO BOX 250
    AUSTIN,TX78767     		NONE EXEMPT GEOFORCE 20,000
    INCARNATE WORD ACADEMY
    ATTU CONNIE CADENA
    2920 S ALAMEDA
    CORPUS CHRISTI,TX78404     		NONE EXEMPT TUITION ASSISTANCE/ELEMENTARY LEVEL 35,000
    C C HOPE HOUSE
    ATTN CONNIE CADENA
    658 ROBINSON STREET
    CORPUS CHRISTI,TX78404     		NONE EXEMPT HOMELESS SHELTER 15,000
    INSTITUTE OF NAUTICAL ARC
    ATTN DEBORAH CARLSON PHD
    PO DRAWER HG
    COLLEGE STATION,TX77841     		NONE EXEMPT INA PUBLICATION & OUTREACH 50,000
    BRAZOS VALLEY CORNERSTONE
    ATTN REBECCA CURRY
    2475 EARL RUDDER FREEWAY
    COLLEGE STATION,TX77845     		NONE EXEMPT EDUCATIONAL EXPANSION 50,000
    TEXAS A&M UNIVERSITY PRES
    ATTN CHARLES BACKUS
    4354 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT OPERATIONAL FUND 50,000
    HAMMONS EDUCATION LEADERS
    ATTN RIDGE HAMMONS PHD
    4833 SARATOGA 447
    CORPUS CHRISTI,TX78413     		NONE EXEMPT ON-SITE MENTORING PROGRAM 10,000
    SEARCH
    ATTN LISA ESTES
    2505 FANNIN
    HOUSTON,TX77002     		NONE EXEMPT HOUSE OF TINY TREASURES 15,000
    WEST TEXAS BOYS RANCH
    ATTN JAMES SATTERSHITE
    10223 BOYS RANCH RD
    SAN ANGELO,TX76904     		NONE EXEMPT BOY CARE PROGRAM 20,000
    YOUNG LIFE
    ATTN HENRY NUSS
    5934 S STAPLES STUIT 216
    CORPUS CHRISTI,TX78413     		NONE EXEMPT RAY/ MILLER HIGH SCHOOL LEADERSHIP 7,500
    ASSOC FOR COMMUNITY BROA
    ATTN CRYSTAL JACKSON
    4343 ELGIN
    HOUSTON,TX77204     		NONE EXEMPT KUHF/HOUSTO PUBLIC RADIO/PBS 80,000
    AMERICAN CANCER SOCIETY
    ATTN LINDSEY JOHNSON
    4101 S ALAMEDA
    CORPUS CHRISTI,TX78411     		NONE EXEMPT CANCER PATIENT TRANSPORATION 20,000
    FRIENDS OF THE CC MUSEUM
    ATTN YOLANDA MARRUFFO
    1900 N CHAPARRAL
    CORPUS CHRISTI,TX78401     		NONE EXEMPT REPLACE THE XERISCAPE GARDEN'S 10,000
    NEHEMIAH CENTER
    ATTN DIANE SWEAT
    5015 FANNIN STREET
    HOUSTON,TX77004     		NONE EXEMPT LAND ACQUISITION 35,000
    AMERICAN HEART ASSOCIATIO
    ATTN SARAH TINDALL
    500 N SHORELINE BLVD S
    CORPUS CHRISTI,TX78401     		NONE EXEMPT SOUTH TEXAS PROGRAM SUPPORT 10,000
    CRAFT TRAINING CENTERCOA
    ATTN DR ANNE MATULA
    PO BOX 2527
    CORPUS CHRISTI,TX78403     		NONE EXEMPT SCHOLARSHIP/FALFURRIAS SUMMER PROGRA 61,519
    SOUTH TX BOTANICAL GARDEN
    ATTN MICHAEL WOMACK
    8545 S STAPLES ST
    CORPUS CHRISTI,TX78413     		NONE EXEMPT EDUCATION STATION 20,000
    TX A&M UNIVERSITY KINGSVI
    ATTN RICHARD P SPAINHOUR
    700 UNIVERSITY BLVD MSC
    KINGSVILLE,TX78363     		NONE EXEMPT ROTC RISING CADET RETENTION PROGAM 100,000
    GEORGE BUSH PRES LIBRARY
    ATTN ROMAN POPADUIK
    1145 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT NATIONAL PARK EXHIBIT 50,000
    BOYS SCOUTS OF AMER STX
    ATTN JOHN BEAUREGARD
    700 EVERHART TERRACEBLDG
    CORPUS CHRISTI,TX78411     		NONE EXEMPT CAMP KARANKAWA CAPITAL CAMPAIGN 10,000
    ARANSAS COUNTY ISD ED FO
    ATTN SUSANNE RANSLEBEN
    P O BOX 195
    ROCKPORT,TX78381     		NONE EXEMPT SYMPHONY TICKETS FOR STUDENTS 2,500
    ARCHDIOCESE OF SAN ANTONI
    ATTN JULIE SEQUIN
    2718 S WOODLAWN
    SAN ANTONIO,TX78228     		NONE EXEMPT HOPE FOR THE FUTURE SCHOLARSHIPS 25,000
    FAMILY OUTREACH OF C C
    ATTN STACY GOMEZ
    1444 BALDWIN BLVD
    CORPUS CHRISTI,TX78404     		NONE EXEMPT COMPUTER & PHONE SYSTEM UPDATE 12,414
    THE CATTERY
    ATTN SAMANTHA PERSON
    PO BOX 8575
    CORPUS CHRISTI,TX78468     		NONE EXEMPT MEDICAL SUPPLIES 5,000
    MIRACLE LEAGUE OF C C
    ATTN BRIAN DEVANEY
    P O BOX 531
    CORPUS CHRISTI,TX78403     		NONE EXEMPT MIRACLE LEAGUE FIELD 10,000
    TEXAS A&M UNIVERSITYCC
    ATTN CYNTHIA LYLE
    6300 OCEAN DRIVE
    CORPUS CHRIST,TX78412     		NONE EXEMPT ISLANDER BATTALION ROTC MERIT SCHOLA 100,000
    DEL MAR COLLEGE FOUNDATIO
    ATTN MARY MCQUEEN
    101 BALDWINBLVD
    CORPUS CHRISTI,TX78404     		NONE EXEMPT MUNICIPAL BAND 10,000
    JOHN PAUL II HIGH SCHOOL
    ATTN PETER MARTINEZ
    3036 SARATIGA BLVD
    CORPUS CHRISTI,TX78415     		NONE EXEMPT SCHOLARSHIPS 35,000
    FIRST BAPTIST SCHOOL
    ATTN DR STEPHEN HARTWICK
    3115 OCEAN DRIVE
    CORPUS CHRISTI,TX78404     		NONE EXEMPT SCHOLARSHIPS 35,000
    ASSOCIATION OF SMALL FOUN
    ATTN MEMBERSHIP OFFICE
    PO BOX 247
    WINOOSKI,VT05404     		NONE EXEMPT OPERATING FUNDS 4,000
    HOUSTON ISD FOUNDATION
    ATTN LENICIA GEORGE PLACE
    5430 HIDALGO STREET
    HOUSTON,TX77056     		NONE EXEMPT INTERNATIONAL BACCALAUREATE PRIMARY 25,000
    STILL CREEK BOYS AND GIRL
    ATTN MELINDA BAKER
    6055 HEARNE ROAD
    BRYAN,TX77808     		NONE EXEMPT EDUCATION PROJECT 15,000
    THERAPY PET PALS OF TEXAS
    ATTN KATHRYN LASHMIT
    3930 BEE CAVE ROAD SUITE
    AUSTIN,TX78746     		NONE EXEMPT RECRUITMENT TRAINING AND RENTENTION 2,500
    HOUSTON AREA WOMEN'S CENT
    ATTN CHRISTINE POWELL
    1010 WAUGH DRIVE
    HOUSTON,TX77019     		NONE EXEMPT EMERGENCY SHELTER CHILDREN'S SERVICE 15,000
    HIS FATHER'S HEART MINIST
    ATTN JOEY GENTEMPO
    5715 NW CENTRAL DR SUITE
    HOUSTON,TX77092     		NONE EXEMPT OPERATIONAL FUNDS 10,000
    DEL MAR COLLEGE FOUNDATIO
    ATTN MARY MCQUEEN
    101 BALDWIN BLVD
    CORPUS CHRISTI,TX78404     		NONE EXEMPT JOE MONTOYA MEMORIAL SCHOLARSHIP 100,000
    ST JOSEPH FOUNDAITON BRYA
    ATTN THOMAS W POOL
    PO BOX 993
    BRYAN,TX77802     		NONE EXEMPT BURLESON ST JOSEPH HEALTH DEFIBRILL 30,000
    TEXAS 4-H YOUTH DEVELOPME
    ATTN JIM REEVES
    P O BOX 11020
    COLLEGE STATION,TX77842     		NONE EXEMPT TEXAS 4-H CONGRESS 25,000
    BROOKS COUNTY FAIR ASSOCI
    ATTN JIM MAUPIN
    POBOX 835
    FALFURRIAS,TX78355     		NONE EXEMPT ANIMAL AUCTION 10,000
    MISSION OF MERCY
    ATTN PATTY CLARK
    719 S SHORELINE BLVD SU
    CORPUS CHRISTI,TX78401     		NONE EXEMPT TEXAS MOBILE MEDICAL CARE PROGRAM 25,000
    CAMP FOR ALL FOUNDATION
    ATTN PAT PRIOR SORRELLS
    10500 NORTHWEST FREEWAY
    HOUSTON,TX77192     		NONE EXEMPT REACHING FOR THE STARS CAMPAIGN 50,000
    COLLEYVILLE COVENANT CHRI
    ATTN YVONNE SCHNITZUIS
    901 CHEEK SPARGER ROAD
    COLLEYVILLE,TX76034     		NONE EXEMPT FOREIGN LANGUAGE TECHNOLOGY 20,000
    CC PUBLIC LIBRARY FOUND
    ATTN PAIGE DUNN
    805 COMANCHE
    CORPUS CHRISTI,TX78401     		NONE EXEMPT GREENWOOD LIBRARY FURNISHINGS 50,000
    KINGDOM RANCH
    ATTN JASON HAMILTON
    PO BOX 474
    SNOOK,TX77878     		NONE EXEMPT CAMP IMPROVEMENTS 25,000
    BOYS AND GIRLS CLUB OF CC
    ATTN ANNE BAKER
    3902 GREENWOOD DRIVE
    CORPUS CHRISTI,TX78416     		NONE EXEMPT 2011 SUMMER YOUTH PROGRAM 12,000
    YMCA OF THE COASTAL BEND
    ATTN JAMES E SCOVILLE
    417 S UPPER BROADWAY
    CORPUS CHRISTI,TX78401     		NONE EXEMPT VISION FOR THE FUTURE CAPITAL CAMPAI 50,000
    SOUTHTEXAS PUBLIC BROADCA
    ATTN DON DUNLAP
    4455 S PADRE ISLAND DRIV
    CORPUS CHRISTI,TX78411     		NONE EXEMPT CHALLEGE ACADEMIC TOURNAMENT 25,000
    FOOD BANK OF CORPUS CHRIS
    ATTN BEA HANSON
    826 KRILL ST
    CORPUS CHRISTI,TX78408     		NONE EXEMPT DIABETES HANDS-ON 20,000
    ODYSSEY VISTACARE HOSPICE
    ATTN SHARON ANDERSON
    717 N HARWOOD SUITE 150
    CORPUS CHRSITI,TX75201     		NONE EXEMPT PATIENT NEEDS AND REQUESTS 15,000
    CENTRAL TEXAS CHILDREN'S
    ATTN TOM HAGAN
    13200 CRANE RJOAD
    BUDA,TX78610     		NONE EXEMPT MATTHEW'S HOPE 25,000
    DRISCOLL CHILDREN'S HOSPI
    ATTN GRETCHENBCRUTHIRDS
    3533 S ALAMEDA ST
    CORPUS CHRISTI,TX78411     		NONE EXEMPT CHARITY CARE AT DRISCOLL CHILDREN'S 25,000
    ARANSAS COUNTY ISD EDUCAT
    ATTN SUZANNE RANSLEBEN
    PO BOX 195
    ROCKPORT,TX78381     		NONE EXEMPT CONNECTING SCHOOL TO WORK 50,000
    ROTARY CLUB OF BOERNE FOU
    ATTN JOHN S RODGERS
    FROST BANK 1300 S MAIN
    BOERNE,TX78006     		NONE EXEMPT EARLY ACT/FIRST KNIGHT 20,000
    GOOD SAMARITAN RESCUE MIS
    ATTN CAROLE MURPHREY
    POBOX 65
    CORPUS CHRISTI,TX78403     		NONE EXEMPT OPERATIONAL FUNDS 2,500
    CONFERENCE OF SOUTHWEST F
    634 GOOD-LATIMER EXPRESSW
    DALLAS,TX75204     		NONE EXEMPT GRANT IN LIEW OF DUES 2,000
    COASTAL BEND KIDNEY FOUND
    ATTN BECKY GARDNER
    PO BOX 9172
    CORPUS CHRISTI,TX78469     		NONE EXEMPT DRISCOLL HOSPITAL/DIALYSIS SYSTEM 175,000
    SMALL STEPS NURTURING CEN
    ATTN LYDIA JONES
    2902 JENSEN DRIVE
    HOUSTON,TX77026     		NONE EXEMPT NUTRITION PROGRAM 20,000
    TX A&M UNIVERSITY
    ATTN TRENT HILL
    6300 OCEAN DRIVE USC 207
    CORPUS CHRISTI,TX78412     		NONE EXEMPT WILDLIFE INVENTORY PROJECT 10,000
    PEEWEE'S PET ADOPTION WOR
    ATTN ERNIE COCHRAN
    1307 SARATOGA
    CORPUS CHRISTI,TX78417     		NONE EXEMPT SPAY/NEUTER ADOPTION PROGRAM 5,000
    CHAMPIONS FOR LIFE
    ATTN RALPH MCMULLEN
    PO BOX 4054
    BEEVILLE,TX78104     		NONE EXEMPT RING OF CHAMPIONS 20,000
    TEXAS RAMP PROJECT
    ATTN JOHN LAINE
    PO BOX 832065
    RICHARDSON,TX75083     		NONE EXEMPT TEXAS RAMP PROJECT 30,000
    TIMON'S MINISTRIES
    ATTN KAE BERRY
    10501 S PADRE ISLAND DR
    CORPUS CHRISTI,TX78418     		NONE EXEMPT OPERATIONAL FUNDS 15,000
    COMMUNITIES IN SCHOOLS
    ATTN GLORIA TAYLOR
    PO BOX 331203
    CORPUS CHRISTI,TX78463     		NONE EXEMPT OPERATIONAL FUNDS 10,000
    WENHOLZ HOUSE
    ATTN MICHAEL J SWANTNER
    1200 10TH STREET
    CORPUS CHRISTI,TX78401     		NONE EXEMPT NEW ROOF 10,000
    ODYSSEY AFTER SCHOOL ENRI
    ATTN MARGARET GOOLSBEE
    PO BOX 237
    ROCKPORT,TX78381     		NONE EXEMPT COLLABORATION FOR ACADEMIC SUCCESS 25,000
    COLLEGE FOR ALL TEXANS FO
    ATTN NINA WRIGHT
    1200 EAST ANDERSON LANE
    AUSTIN,TX78752     		NONE EXEMPT TEXAS COLLEGE ADVISING CORPS 150,000
    DAILY BREAD MINISTRIES
    ATTN SETH KUEHN
    700 W HOUSTON ST
    SAN ANTONIO,TX78207     		NONE EXEMPT PURCHASE 1 TONTRUCK 20,000
    CHILDREN'S MUSEUM OF HOUS
    ATTN MELISSA GARLINGTON
    1500 BINZ
    HOUSTON,TX77004     		NONE EXEMPT FAMILY LITERACY INVOLVEMENT PROGRAM 10,000
    FOSTER ANGELS OF CENTRAL
    ATTN SARAH SMITH
    PO BOX 152575
    AUSTIN,TX78745     		NONE EXEMPT ASSISTANCE TO CHILDREN IN FOSTER CAR 20,000
    CAMP ARANZAZU
    ATTN TAMMIE SHELTON
    5420 FM 1781
    ROCKPORT,TX78387     		NONE EXEMPT CAMPER SPONSORSHIPS 10,000
    CAMP OF THE HILLS
    ATTN MEL BOWMAN
    1552 COUNTY ROAD 344
    MARBLE FALLS,TX78654     		NONE EXEMPT KITCHEN EQUIPMENT 25,000
    ANNAPOLIS CHRISTIAN ACADE
    ATTN PETER B HANSEN
    3875 S STAPLES ST
    CORPUS CHRISTI,TX78411     		NONE EXEMPT TUITION ASSISTANCE WARRIOR FUND 35,000
    SOUTH TEXAS CHILDREN'S HO
    ATTN TODD L ROBERSON
    PO BOX 1210
    BEEVILLE,TX78104     		NONE EXEMPT COTTAGE RENOVATION 50,000
    MEDINA CHILDREN'S HOME
    ATTN CANDACE CAIN
    21300 STATE HIGHWAY 16 N
    MEDINA,TX78055     		NONE EXEMPT OPPORTUNITY ASSIST 50,000
    SUNNY GLEN CHILDREN'S HOM
    ATTN JAY WILLIAMS
    PO BOX 1373
    SAN BENITO,TX78586     		NONE EXEMPT CRADLE OF HOPE 50,000
    NATIONAL GUARD ASSOCIATIO
    ATTN RAY LINDNER
    3706 CRAWFORD AVE
    AUSTIN,TX78731     		NONE EXEMPT OLD HICKORY DIVISION MEMORIAL PROJEC 30,000
    CITY OF FALFURRIAS
    ATTN MANUEL PEREZ JR
    PO BOX E
    FALFURRIAS,TX78355     		NONE EXEMPT ED RACHAL MEMORIAL GOLF COURSE 7,000
    TEXAS A&M FOUNDATION G B
    ATTN JEROME REKTORIK
    4220 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT FELLOWSHIP/SCHOLARSHIP PROGRAM 100,000
    TEXAS A&M UNIVERSITY-GALV
    ATTN ROBERT SMITH III
    PO BOX 1675
    GALVESTON,TX77553     		NONE EXEMPT PRESIDENT'S ENHANCEMENT EXCELLENCE F 50,000
    TEXAS A&M FOUNDATION CORP
    ATTN BRIAN S BISHOP
    1256 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT RUDDER CORPS SCHOLARSHIP 50,000
    ALL SAINTS' EPISCOPAL CHU
    ATTN GRY CHATHAM
    3026 S STAPLES ST
    CORPUS CHRISTI,TX78404     		NONE EXEMPT SALARY FOR ASSISTANT MANAGER/CLIFF M 30,000
    ARLINGTON HEIGHTS CHURCH
    ATTN ALLEN DOUBRAVA
    2722 RAND MORGAN RD
    CORPUS CHRISTI,TX78410     		NONE EXEMPT BANDINA CHRISTIAN YOUTH CAMP 35,000
    DRISCOLL CHILDREN'S HOSPI
    ATTN GRETCHEN CRUTHIRDS
    3533 S ALAMEDA ST
    CORPUS CHRISTI,TX78411     		NONE EXEMPT EMERGENCY ROOM 100,000
    TEXAS A&M FOUNDATION
    ATTN JEROME REKTORIK
    4220 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT FELLOWHIP/SCHOLARSHIP PROGRAM 200,000
    TEXAS A&M FOUNDATION
    401 GEORGE BUSH DRIVE
    COLLEGE STATION,TX77840     		NONE EXEMPT OPERATING FUNDS 200,000
    ST JAMES EPISCOPAL SCHOO
    ATTN REV DR LOUIS OATS
    602 S CARANCAHUA
    CORPUS CHRISTI,TX78401     		NONE EXEMPT SCHOLARSHIPA 45,000
    Total .................................bullet 3a 4,144,513
    bApproved for future payment
    Total ..................................bullet 3b  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 30  
    4 Dividends and interest from securities....     14 1,407,007  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 98,424  
    6Net rental income or (loss) from personal property          
    7 Other investment income.....     15 17,730,817  
    8Gain or (loss) from sales of assets other than inventory     25 -135,657  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aGALVESTON BAY BIODIESEL, LP 900099 55,809      
    bSTANDARD RENEWABLE ENERGY GRP 900099 -89,011      
    cGALVESTON - PASSIVE LOSS CO 900099 -342,107      
    dSREG - PASSIVE LOSS CO 900099 -281,098      
    e
    12 Subtotal. Add columns (b), (d), and (e).. -656,407 19,100,621  
    13Total. Add line 12, columns (b), (d), and (e)...................
    1318,444,214
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    ERF REAL ESTATE INC
    TIN 20-2661759     		501(C)(2) SEE GENERAL FOOTNOTE
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2010)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 19,185 15,348   3,837

    TY 2010 CompensationExplanation
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Person Name Explanation
    PAUL D ALTHEIDE  
    ROBERT L WALKER  
    JOHN D WHITE  
    E RICHARD SCHENDEL  
    DAVID L HOYER  
    KENNETH W TRAWICK  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2010 DepreciationSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    PER SCHEDULE     98,978     40,214 40,214    

    TY 2010 GeneralExplanationAttachment
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Identifier Return Reference Explanation
    GENERAL RETURN INFORMATION   ERF REAL ESTATE, INC., TIN 20-26617 THE ED RACHAL FOUNDATION. IT WAS F ED RACHAL FOUNDATION. IT HAS THE S RACHAL FOUNDATION. THE CONSOLIDATE INCLUDING ACTIVITY OF ERF REAL ESTA
    GENERAL ELECTIONS    

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 17,472,815 18,097,535

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MUTUAL FUNDS & EQUITIES 737,626 737,626

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    US Government Securities - End of Year Book Value:

    17,979,853
    US Government Securities - End of Year Fair Market Value:

    18,976,025
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2010 InvestmentsLandSchedule2
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
      7,279,339 38,559 7,240,780 7,066,050

    TY 2010 LandEtcSchedule2
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDINGS & EQUIPMENT EXEMPT 978,686 395,179 583,507  
    LAND - LA COPA 87,515   87,515  


    TY 2010 LegalFeesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 12,567      


    TY 2010 OtherAssetsSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MINERAL INTEREST     15,000,000


    TY 2010 OtherDecreasesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Description Amount
    EXCISE TAX EXPENSE 182,888
    NON DEDUCTIBLE EXPENSES 29


    TY 2010 OtherExpensesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    AUTO EXPENSE 156 16   140
    CONTRACT LABOR 22,990     22,990
    FUEL & OIL - LA COPA 7,168     7,168
    INSURANCE - AUTO & OFFICE 14,185 3,546   10,639
    INSURANCE - LIAB & WRK COMP 204 51   153
    INSURANCE - RANCH 860     860
    INVESTMENT COMMISSION EXPENSE 8,064 8,064    
    MISCELLANEOUS        
    OFFICE EXPENSE 10,225 5,112   5,113
    OTHER EMPLOYEE EXPENSE 40,478 4,048   36,430
    POSTAGE 451 225   226
    RANCH SUPPLIES 4,994     4,994
    REPAIRS & MAINTENANCE 11,789     11,789
    SEMINARS DUES & FEES 5,066 2,533   2,533
    SUBSCRIPTIONS 1,669 834   835
    UTILITIES & TELEPHONE - RANCH 5,643     5,643
    UTILITIES & TELEPHONE - OTHER 3,583 1,791   1,792
    INVESTMENT DEPRECIATION 11,329 11,329    


    TY 2010 OtherIncomeSchedule2
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LEASE BONUS & SURFACE DAMAGES 96,033 96,033 96,033
    MISCELLANEOUS INCOME 476 476 476
    OIL & GAS ROYALTIES 17,634,308 17,634,308 17,634,308
    GALVESTON BAY BIODIESEL, LP 55,809   55,809
    STANDARD RENEWABLE ENERGY GRP -89,011   -89,011
    GALVESTON - PASSIVE LOSS CO -342,107   -342,107
    SREG - PASSIVE LOSS CO -281,098   -281,098


    TY 2010 OtherIncreasesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Description Amount
    PRIOR YR PARTNERSHIP LOSSES 623,205
    UNREALIZED GAIN ON INVESTMENTS 193,909


    TY 2010 OtherLiabilitiesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED VACATION & SICK LEAVE 172,071 212,085
    ACCRUED AD VALOREM TAXES   417,793


    TY 2010 OtherNotesLoansRcvblShortSch2
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Name of 501(c)(3) Organization Balance Due
    LOAN RECEIVABLE
          		 


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 54,356 52,736   1,620
    CONSULTING - GALVAN 18,522 18,522    


    TY 2010 TaxesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AD VALOREM TAXES - EXEMPT PROP 2,615 418   2,197
    AD VALOREM TAXES - NON EXEMPT PR 532,384 532,384    


    TY 2010 TransfersToControlledEntities
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Name US /
    Foreign Address    		 EIN Description Amount
    ERF REAL ESTATE INC 500 N SHORELINE BLVD SUITE 606
    CORPUS CHRISTI,TX78401     		20-2661759 TRANSFER FOR PURCHASE OF LAND 6,978,668
    Total     6,978,668