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
2011
For calendar year 2011, or tax year beginning 09-01-2011 , and ending 08-31-2012
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 BLVD SUITE 606   Room/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$113,876,058J 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      
4 Dividends and interest from securities...... 1,591,094 1,591,094 1,591,094
5a Gross rents.............. 275,840 275,840 275,840
b Net rental income or (loss) 275,840
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 14,659
b Gross sales price for all assets on line 6a 17,638,792
7 Capital gain net income (from Part IV, line 2)... 5,659
8 Net short-term capital gain......... 58,170
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 34,041,756 34,707,939 34,041,756
12 Total. Add lines 1 through 11........ 35,923,349 36,580,532 35,966,860
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 391,000 224,090   166,910
14 Other employee salaries and wages...... 53,266 26,633   26,633
15 Pension plans, employee benefits....... 52,497 26,248   26,249
16a Legal fees (attach schedule)......... Click to see attachment 26,963 17,828   9,135
b Accounting fees (attach schedule)....... Click to see attachment 23,878 19,102   4,776
c Other professional fees (attach schedule).... Click to see attachment 74,074 71,074   3,000
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 762,669 758,023   4,646
19 Depreciation (attach schedule) and depletion... Click to see attachment 32,834    
20 Occupancy.............. 31,274 15,637   15,637
21 Travel, conferences, and meetings....... 16,071 16,071    
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 234,555 201,093   33,463
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,699,081 1,375,799   290,449
25 Contributions, gifts, grants paid........ 6,130,900 6,130,900
26 Total expenses and disbursements. Add lines 24 and 25 7,829,981 1,375,799   6,421,349
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 28,093,368
b Net investment income (if negative, enter -0-) 35,204,733
c Adjusted net income (if negative, enter -0-)... 35,966,860
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
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............... 4,839,489 12,250,361 12,250,363
2 Savings and temporary cash investments.......... 1,396,000 600,000 600,000
3 Accounts receivable bullet479,011
Less: allowance for doubtful accounts bullet   989,412 479,011 479,011
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) bullet  
Less: allowance for doubtful accounts bullet   15,480    
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 2,126 360,901 360,901
10a Investments—U.S. and state government obligations (attach schedule) 17,979,853 Click to see attachment24,082,654 24,082,654
b Investments—corporate stock (attach schedule)........ 737,626 Click to see attachment8,098,403 8,098,403
c Investments—corporate bonds (attach schedule)........ 17,472,815 Click to see attachment22,314,567 22,314,567
11 Investments—land, buildings, and equipment: basis bullet8,197,723
Less: accumulated depreciation (attach schedule) bullet266,693 7,240,780 Click to see attachment7,931,030 8,368,050
12 Investments—mortgage loans.............. 14,268,505 18,952,425 18,952,425
13 Investments—other (attach schedule)...........   Click to see attachment911,484 911,484
14 Land, buildings, and equipment: basis bullet603,798
Less: accumulated depreciation (attach schedule) bullet224,057 671,022 Click to see attachment379,741 2,458,200
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) 65,613,108 96,360,577 113,876,058
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 attachment629,878 Click to see attachment1,018,819
23 Total liabilities (add lines 17 through 22).......... 629,878 1,018,819
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 64,983,230 95,341,758
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).................... 64,983,230 95,341,758
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 65,613,108 96,360,577
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 64,983,230
2 Enter amount from Part I, line 27a..................... 2 28,093,368
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 2,266,014
4 Add lines 1, 2, and 3.......................... 4 95,342,612
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 854
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 95,341,758
Form 990-PF (2011)
Form 990-PF (2011)
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 76 SHS WHITE POINT OIL & GAS P 2009-01-01 2012-01-19
b UBS FINANCIAL INVESTMENTS P 2010-01-01 2012-08-31
c UBS FINANCIAL INVESTMENTS P 2012-01-01 2012-08-31
d AMERICAN BANK INVESTMENTS P 2010-01-01 2012-08-31
e AMERICAN BANK INVESTMENTS P 2012-01-01 2012-08-31
HERNDON PLANT OAKLEY INVESTMENTS P 2010-01-01 2012-08-31
STIFEL NICOLAUS INVESTMENTS P 2010-01-01 2012-08-31
MORGAN STANLEY INVESTMENTS P 2012-01-01 2012-08-31
MORGAN STANLEY INVESTMENTS P 2010-01-01 2012-08-31
MORGAN STANLEY - OTHER P 2012-01-01 2012-08-31
NUSTAR ENERGY LOSS P 2012-01-01 2012-08-31
(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 15,200   36,480 -21,280
b 4,309,676   4,326,446 -16,770
c 52,182   44,882 7,300
d 785,000   785,000  
e 617,975   618,301 -326
277,567   267,341 10,226
1,300,791   1,231,000 69,791
7,480,000   7,480,000  
2,740,182   2,834,660 -94,478
51,219     51,219
    23 -23
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       -21,280
b       -16,770
c       7,300
d        
e       -326
      10,226
      69,791
       
      -94,478
      51,219
      -23
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 5,659
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 58,170
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))
2010 4,511,375 76,333,803 0.059101
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
2 Total of line 1, column (d) ...................... 2 0.269227
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 0.053845
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 89,011,872
5 Multiply line 4 by line 3....................... 5 4,792,844
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 352,047
7 Add lines 5 and 6......................... 7 5,144,891
8 Enter qualifying distributions from Part XII, line 4.............. 8 6,637,088
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 (2011)
Form 990-PF (2011)
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 1 352,047
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............................ 3 352,047
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- ..... 5 352,047
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 360,901
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.............. 7 360,901
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 8,854
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet8,854 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 2011 or the taxable year beginning in 2011 (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 2011, 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 (2011)
    Form 990-PF (2011)
    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 2011?.............
    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 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    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 2011 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 2011.)....................
    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 2011?
    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 (2011)
    Form 990-PF (2011)
    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/SEC
    40.00     		219,500 0 0
    500 N SHORELINE 1002
    CORPUS CHRISTI,TX78471
    ROBERT WALKERClick to see attachment VICE CHAIR
    4.00     		41,000 0 0
    500 N SHORELINE 1002
    CORPUS CHRISTI,TX78471
    JOHN D WHITEClick to see attachment BOARD CHAIR
    4.00     		41,000 0 0
    500 N SHORELINE 1002
    CORPUS CHRISTI,TX78471
    RICHARD SCHENDELClick to see attachment TREASURER
    4.00     		39,500 0 0
    500 N SHORELINE 1002
    CORPUS CHRISTI,TX78471
    DAVID HOYERClick to see attachment MEMBER
    4.00     		41,000 0 0
    2610 PEBBLE BOW
    SAN ANTONIO,TX78232
    KEN W TRAWICKClick to see attachment MEMBER
    4.00     		6,000 0 0
    2800 POST OAK BLVD SUITE 2600
    HOUSTON,TX77056
    JOHN J JOHNSONClick to see attachment MEMBER
    4.00     		3,000 0 0
    7022 TAMARRON CT
    CORPUS CHRISTI,TX78413
    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. 323,282
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    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
    56,529,322
    b
    Average of monthly cash balances.......................
    1b
    10,470,011
    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
    90,367,383
    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
    90,367,383
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    1,355,511
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    89,011,872
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,450,594
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    4,450,594
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    352,047
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    352,047
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,098,547
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,098,547
    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
    4,098,547
    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
    6,421,349
    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
    215,739
    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
    6,637,088
    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
    352,047
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,285,041
    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 (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 4,098,547
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010....... 424,166
    fTotal of lines 3a through e......... 424,166
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 6,637,088
    a Applied to 2010, but not more than line 2a  
    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 2011 distributable amount..... 4,098,547
    e Remaining amount distributed out of corpus 2,538,541
    5 Excess distributions carryover applied to 2011.    
    (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 2,962,707
    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 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. 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 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		2,962,707
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010.... 424,166
    e Excess from 2011.... 2,538,541
    Form 990-PF (2011)
    Form 990-PF (2011)
    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 2011, 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) 2011 (b) 2010 (c) 2009 (d) 2008
             
    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,TX78471
    (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 (2011)
    Form 990-PF (2011)
    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
    AFV HEALTH SERVICES CORPORATION
    ATTN JOY WOODRIFF
    12455 FREEDOM WAY
    SAN ANTONIO,TX78245     		NONE EXEMPT AFV II SUN ROOM REMODEL 30,000
    AMERICAN CANCER SOCIETY
    ATTN KAYLA HANSON
    4101 S ALAMEDA
    CORPUS CHRISTI,TX78411     		NONE EXEMPT CANCER PATIENT TRANSPORATION 20,000
    AMERICAN HEART ASSOCIATIO
    ATTN JILL JACOBS
    500 N SHORELINE STE 203
    CORPUS CHRISTI,TX78401     		NONE EXEMPT SOUTH TEXAS PROGRAM SUPPORT 10,000
    ANNAPOLIS CHRISTIAN ACADE
    ATTN PETER B HANSEN
    3875 S STAPLES ST
    CORPUS CHRISTI,TX78411     		NONE EXEMPT TUITION ASSISTANCE & OPERATING FUNDS 46,000
    AQUARIUM AT ROCKPORT HARBOR
    ATTN ANNETTE REDDELL HEGEN
    702 NAVIGATION CIRCLE
    ROCKPORT,TX78382     		NONE EXEMPT TANK FOR SPOTTEN LEOPARD EEL 6,000
    ARANSAS COUNTY ISD EDUCATION FOUND
    ATTN SUZANNE RANSLEBEN
    PO BOX 195
    ROCKPORT,TX78381     		NONE EXEMPT CONNECTING SCHOOL TO WORK & HOLIDAY 85,000
    ARCHDIOCESE OF SAN ANTONIO
    ATTN JULIE SEQUIN
    2718 S WOODLAWN
    SAN ANTONIO,TX78228     		NONE EXEMPT HOPE FOR THE FUTURE SCHOLARSHIPS 25,000
    ARK ASSESSMENT CENTER
    ATTN DELMA TREJO
    12960 LEOPARD ST
    CORPUS CHRISTI,TX78410     		NONE EXEMPT PURCHASE MIN VAN & CAR SEATS 10,000
    ARLINGTON HEIGHTS CHURCH
    ATTN ALLEN DOUBRAVA
    2722 RAND MORGAN RD
    CORPUS CHRISTI,TX78410     		NONE EXEMPT BANDINA CHRISTIAN YOUTH CAMP 40,000
    ART COMMUNITY CENTER OF C C
    ATTN AMELI RAMIREZ
    100 SHORELINE BLVD
    CORPUS CHRISTI,TX78401     		NONE EXEMPT ALL STARS ART PROGRAM 5,000
    ASSOC FOR COMMUNITY BROADCASTING
    ATTN CRYSTAL JACKSON
    4343 ELGIN
    HOUSTON,TX77204     		NONE EXEMPT ACB ENDOWMENT 150,000
    ASSOCIATION OF SMALL FOUNDATIONS
    ATTN MEMBERSHIP OFFICE
    1720 N STREET NW
    WASHINGTON,DC20036     		NONE EXEMPT OPERATING FUNDS 5,000
    BIG BROTHERS BIG SISTERS LONE STAR
    ATTN ERNESTINE PINA-SANDOVAL
    6437 HIGH STAR DRIVE
    HOUSTON,TX77074     		NONE EXEMPT LITTLE STEP BIG FUTURES 40,000
    BOYS AND GIRLS CLUB OF CC
    ATTN ANNE BAKER
    3902 GREENWOOD DRIVE
    CORPUS CHRISTI,TX78416     		NONE EXEMPT 2012 SUMMER PROGRAM 12,000
    BOYS SCOUTS OF AMERICA - SO TX
    ATTN JOHN BEAUREGARD
    700 EVERHART TERRACEBLDG
    CORPUS CHRISTI,TX78411     		NONE EXEMPT CAMP KARANKAWA & WATER SYSTEM PROJ 50,000
    BRAZOS VALLEY CORNERSTONE CHRISTIAN
    ATTN REBECCA CURRY
    2475 EARL RUDDER FREEWAY
    COLLEGE STATION,TX77845     		NONE EXEMPT EDUCATIONAL EXPANSION 50,000
    BROOKS COUNTY FAIR ASSOCIATION
    ATTN JIM MAUPIN
    POBOX 835
    FALFURRIAS,TX78355     		NONE EXEMPT ANIMAL AUCTION 10,000
    BROOKS COUNTY ISD
    ATTN OSCAR GALINDO
    PO BOX 589
    FALFURRIAS,TX78355     		NONE EXEMPT FALFURRIAS FFA SCHOLARSHIPS 5,000
    BROOKS COUNTY SHERIFF'S
    ATTN REY RODRIGUEZ
    PO BOX 558
    FALFURRIAS,TX78355     		NONE EXEMPT EMERGENCY COMMUNICATIONS 40,000
    C C PREGNANCY CENTER
    ATTN MELINDA BAKER
    4739 EVERHART ROAD
    CORPUS CHRISTI,TX78411     		NONE EXEMPT RESOURCE CENTER 5,000
    CAMP FOR ALL FOUNDATION
    ATTN PAT PRIOR SORRELLS
    10500 NORTHWEST FREEWAY
    HOUSTON,TX77192     		NONE EXEMPT REACHING FOR THE STARS CAMPAIGN 40,000
    CASA DE ESPERANZA DE LOS NINOS
    ATTN KATHLEEN FOSTER
    P O BOX 66581
    HOUSTON,TX77266     		NONE EXEMPT RESIDENTIAL PROGRAM 30,000
    CASA OF KLEBERG COUNTY
    ATTN SEANA TOWLER
    PO BOX 1658
    KINGSVILLE,TX78364     		NONE EXEMPT OPERATIONAL FUNDS 5,000
    CASA OF THE COASTAL BEND
    ATTN PAGE HALL
    PO BOX 4
    CORPUS CHRISTI,TX78403     		NONE EXEMPT OPERATING FUNDS 20,000
    CASTLE HILLS FIRST BAPTIST SCHOOL
    ATTN MICHAEL PINKSTON
    2220 NW MILITARY HIGHWAY
    SAN ANTONIO,TX78213     		NONE EXEMPT TECHNOLOGY PROJECT 25,000
    CENTRAL CATHOLIC HIGH SCHOOL
    ATTN PETER PONTOLILLO
    1403 N ST MARYS STREET
    SAN ANTONIO,TX78215     		NONE EXEMPT JROTC EQUIP & FACILITY UPGRADES 27,000
    CENTRAL TEXAS CHILDREN'S
    ATTN TOM HAGAN
    13200 CRANE RJOAD
    BUDA,TX78610     		NONE EXEMPT STANDING IN THE GAP 50,000
    CHAMPIONS FOR LIFE
    ATTN RALPH MCMULLEN
    PO BOX 4054
    BEEVILLE,TX78104     		NONE EXEMPT RING OF CHAMPIONS 10,000
    CHEROKEE HOME FOR CHILDREN
    ATTN DELTON MCGUIRE
    P O BOX 295
    CHEROKEE,TX76821     		NONE EXEMPT VEHICLE REPLACEMENT 50,000
    CHILDREN AT RISK
    ATTN LAURA NELSON
    2900 WESLAYAN SUITE 400
    HOUSTON,TX77027     		NONE EXEMPT ACCOLADES PLEDGE 5,000
    CHILDREN AT RISK
    ATTN JAIME HANKS
    2900 WESLAYAN SUITE 400
    HOUSTON,TX77027     		NONE EXEMPT CENTER FOR PARENTING & WELL BEING 25,000
    CHILDREN IN NEED
    ATTN CHRIS MAGUIRE
    P O BOX 790331
    SAN ANTONIO,TX78279     		NONE EXEMPT OPERATIONAL FUNDS 500
    CHILDREN'S MUSEUM OF HOUSTON
    ATTN ALLISON WHITE
    1500 BINZ
    HOUSTON,TX77004     		NONE EXEMPT PARENT & FAMILIES LUNCHEON 5,000
    CHISHOLM TRAIL HERITAGE MUSEUM
    ATTN ROBERT OLIVER
    P O BOX 866
    CUERO,TX77954     		NONE EXEMPT MUSEUM DISPLAYS/EXHIBITS 50,000
    CHRISTIAN EDUCATION ACTIVITIES
    ATTN TONY CELELLI
    700 OCEAN DRIVE
    CORPUS CHRISTI,TX78412     		NONE EXEMPT VIRGINIA STORM AUDITORIUM REVOVATION 35,000
    CHRISTIAN FARMS - TREEHOUSE
    ATTN BEVERLY MILLER
    3804 RIVERSIDE TRAIL
    TEMPLE,TX76502     		NONE EXEMPT EXPAND CURRENT TREATMENT PROGRAM 25,000
    CITY OF MCALLEN
    ATTN CARLA RODRIGUEZ
    P O BOX 220
    MCALLEN,TX78505     		NONE EXEMPT QUINTA MAZATLAN'S TRAIL SIGNAGE 25,000
    CLARITY CHILD GUIDANCE CENTER
    ATTN JILL WHEATLEY
    8535 TOM SLICK
    SAN ANTONIO,TX78229     		NONE EXEMPT CHARITABLE CARE PROGRAM 25,000
    COACH SHERRILL'S KICKOFF TEAM FOUND
    ATTN SEAN PAGE
    100 NE LOOP 410 5TH FLOO
    SAN ANTONIO,TX78216     		NONE EXEMPT 12TH MKOT FOUNDATION ENDOWMENT FUND 50,000
    COASTAL BEND WILDLIFE HABITAT PROG
    ATTN PATTI YOUNG
    711 N CARANCAHUA 120
    CORPUS CHRISTI,TX78401     		NONE EXEMPT KRITTER 4 KIDS PROJECT 20,000
    COASTAL BEND ALCOHOL & DRUG REHAB
    ATTN LARRY CHURN
    PO BOX 4996
    CORPUS CHRISTI,TX78469     		NONE EXEMPT DSHS MATCHING FUNDS 25,000
    COASTAL BEND BAYS FOUNDATION
    ATTN DANIEL LUCIO
    1231 AGNES STE 100
    CORPUS CHRISTI,TX78401     		NONE EXEMPT EARTH DAY BAY DAY 5,000
    COLLEGE FOR ALL TEXANS FOUNDATION
    ATTN NINA WRIGHT
    1200 EAST ANDERSON LANE
    AUSTIN,TX78752     		NONE EXEMPT TEXAS COLLEGE ADVISING CORPS 100,000
    CONFERENCE OF SOUTHWEST FOUNDATION
    634 GOOD-LATIMER EXPRESSW
    DALLAS,TX75204     		NONE EXEMPT GRANT IN LIEW OF DUES 2,000
    CORPUS CHRISTI AREA COUNCIL FOR DEA
    ATTN SUSAN S TILLER
    5151 MCARDLE ROAD
    CORPUS CHRISTI,TX78411     		NONE EXEMPT ADULT LITERACY PROJECT 10,000
    CORPUS CHRISTI HERITAGE SOCIETY
    P O BOX 2532
    CORPUS CHRISTI,TX78403     		NONE EXEMPT OPERATING EXPENSES 1,000
    CORPUS CHRISTI HOPE HOUSE
    ATTN MELINDA BAKER
    658 ROBINSON STREET
    CORPUS CHRISTI,TX78404     		NONE EXEMPT HOMELESS SHELTER 15,000
    CORPUS CHRISTI METRO MINISTRIES
    ATTN ROSA PIZZI
    P O BOX 4899
    CORPUS CHRISTI,TX78469     		NONE EXEMPT RAINBOW HOUSE 50,000
    COUNCIL ON FOUNDATIONS
    PO BOX 75661
    BALTIMORE,MD21275     		NONE EXEMPT GRANT IN LIEU OF DUES 5,950
    CRAFT TRAINING CENTER
    ATTN DR ANNE MATULA
    7433 LEOPARD STREET
    CORPUS CHRISTI,TX78409     		NONE EXEMPT WELDING PROG/SUMMER CAMPS 75,000
    DEL MAR COLLEGE FOUNDATION
    ATTN MARY MCQUEEN
    101 BALDWIN BLVD
    CORPUS CHRISTI,TX78404     		NONE EXEMPT MUNICIPAL BAND CONCERT SERIES 5,000
    DEL MAR COLLEGE FOUNDATION
    ATTN MARY MCQUEEN
    101 BALDWINBLVD
    CORPUS CHRISTI,TX78404     		NONE EXEMPT OWEN HOPKINS MEMORIAL SCHOLARSHIP 100,000
    DRISCOLL CHILDREN'S HOSPI
    ATTN GRETCHEN CRUTHIRDS
    3533 S ALAMEDA ST
    CORPUS CHRISTI,TX78411     		NONE EXEMPT RENOVATION OF EMERGENCY DEPT 200,000
    FIRST BAPTIST SCHOOL
    ATTN DR STEPHEN HARTWICK
    3115 OCEAN DRIVE
    CORPUS CHRISTI,TX78404     		NONE EXEMPT SCHOLARSHIPS & CURRICULUM DEVELOPMEN 25,000
    FOSTER ANGELS OF CENTRAL TEXAS
    ATTN SARAH SMITH
    PO BOX 152575
    AUSTIN,TX78745     		NONE EXEMPT SUPPORT TO CHILDREN IN FOSTER CARE 20,000
    FOSTER ANGELS OF SOUTH TX
    ATTN JENNIFER STARR
    PP BOX 18863
    CORPUS CHRISTI,TX78480     		NONE EXEMPT ASSISTANCE TO CHILDREN IN FOSTER CAR 40,000
    FRIENDS OF THE CC MUSEUM
    ATTN JIM MOLONEY
    1900 N CHAPARRAL
    CORPUS CHRISTI,TX78401     		NONE EXEMPT ARCHAEOLOGICAL PROJECT 25,000
    FRIENDS OF THE POOL
    ATTN PATRICIA SMITH HOPPER
    P O BOX 73
    ROCKPORT,TX78381     		NONE EXEMPT SWIM PROGRAMS 10,000
    GEORGE BUSH LIBRARY FOUND
    TEXAS A & M UNIVERSITY
    1145 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT GENERAL OPERATING 2,500
    GEORGE BUSH SCHOOL OF GOV'T
    ATTN JEROME REKTORIK
    4220 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT RICHARD SCHENDEL ENDOWED FELLOWSHIP 1,000,000
    GIRL SCOUTS OF SAN JACINTO COUNCIL
    ATTN BETH SHEA
    3110 SOUTHWEST FREEWAY
    HOUSTON,TX77098     		NONE EXEMPT UPGRADES TO MAMIE GEORGE CENTER 15,000
    GOOD SAMARITAN COMMUNITY SERVICES
    ATTN REV ANDY LOBBAN
    1600 SALTILLO
    SAN ANTONIO,TX78207     		NONE EXEMPT SUMMER ENRICHMNET PROGRAM 5,000
    GOOD SAMARITAN RESCUE MIS
    ATTN REV CAROLE MURPHREY
    PO BOX 65
    CORPUS CHRISTI,TX78403     		NONE EXEMPT HOMELESS SHELTER & DINER 25,000
    GOODWILL INDUSTRIES OF SOUTH TEXAS
    ATTN JOHN OWEN
    2961 S PORT AVE
    CORPUS CHRISTI,TX78405     		NONE EXEMPT PROGRAM SERVICES 15,000
    HALO-FLIGHT
    ATTN TOM KLASSEN
    1843 FM 665
    CORPUS CHRISTI,TX78415     		NONE EXEMPT M SERIES DEFIBRILLATOR & 2 AUTOPILOT 33,000
    HAMMONS EDUCATION LEADERS
    ATTN RIDGE HAMMONS PHD
    4833 SARATOGA 447
    CORPUS CHRISTI,TX78413     		NONE EXEMPT ON-SITE MENTORING PROGRAM 15,000
    HERITAGE MUSEUM AT FALFURRIAS
    ATTN ALBERTO HUERTA
    P O BOX 86
    FALFURRIAS,TX78355     		NONE EXEMPT MUSEUM ADDITION & A/C SYS 5,000
    HOUSTON COMMUNITY COLLEGE FOUNDATIO
    ATTN JULIE FALCON
    3100 MAIN SUITE 12B12
    HOUSTON,TX77002     		NONE EXEMPT HCC NEWSPRING BUSINESS COMPETITION 25,000
    HOUSTON ISD FOUNDATION
    ATTN TINA MEDLIN
    4400 WEST 18TH STREET
    HOUSTON,TX77092     		NONE EXEMPT SCHOOL AT ST. GEORGE PLACE 25,000
    HOUSTON READ COMMISSION
    ATTN ANNIE CRINER
    P O BOX 2049
    HOUSTON,TX77252     		NON EXEMPT GENERAL SUPPORT 20,000
    HOUSTON TECHNOLOGY CENTER
    ATTN WALTER ULRICH
    410 PIERCE STREET
    HOUSTON,TX77002     		NONE EXEMPT GULF COAST INNOVATION CONFERENCE 25,000
    HUMBLE ISD EDUCATION FOUNDATION
    ATTN KATHERINE WADE SMITH
    P O BOX 2000
    HUMBLE,TX77347     		NONE EXEMPT LIFE AFTER HIGH SCHOOL 5,000
    INCARNATE WORD ACADEMY
    ATTU CONNIE CADENA
    2920 S ALAMEDA
    CORPUS CHRISTI,TX78404     		NONE EXEMPT TUITION ASSISTANCE/ELEMENTARY LEVEL 50,000
    INSTITUTE OF NAUTICAL ARCHAEOLOGY
    ATTN SHELLEY WACHSMANN
    PO DRAWER HG
    COLLEGE STATION,TX77841     		NONE EXEMPT TANTURA LAGOON EXCAVATION 7,000
    INSTITUTE OF NAUTICAL ARCHAEOLOGY
    ATTN DEBORAH N CARLSON
    P O DRAWER HG
    COLLEGE STATION,TX77841     		NONE EXEMPT INA PUBLICATION & PUBLIC OUTREACH 50,000
    IT'S YOUR LIFE FOUNDATION
    ATTN ZEHRA SURANI
    7613 LAKE BOLSENA
    CORPUS CHRISTI,TX78413     		NONE EXEMPT PLAY SMART, DON'T START 5,000
    JOHN PAUL II HIGH SCHOOL
    ATTN CAROLINE MCFARLAND
    3036 SARATIGA BLVD
    CORPUS CHRISTI,TX78415     		NONE EXEMPT TUITION ASSISTANCE 50,000
    JOY DEVELOPMENT SCHOOL
    ATTN SHARA BUMGARNER
    ONE CHELSEA BLVD
    HOUSTON,TX77006     		NONE EXEMPT KEY TO THE FUTURE CAPITAL CAMPAIGN 50,000
    KINGDOM RANCH
    ATN JASON HAMILTON
    PO BOX 474
    SNOOK,TX77878     		NONE EXEMPT OPERATIONAL FUNDS 75,000
    LAKEVIEW METHODIST CONF CENTER
    ATTN REV MERLE M ODOM
    400 PRIVATE ROAD 6036
    PALESTINE,TX75801     		NON EXEMPT HORTICULTURE PROGRAM 50,000
    LAS HUELLAS
    ATTN TERRY RAY
    1150 PAREDES LINE ROAD
    BROWNSVILLE,TX78521     		NONE EXEMPT INTERNSHIP PROGRAM 50,000
    LEAD FIRST FOUNDATION OF CC
    ATTN GUY NICKLESON
    500 N SHORELINE STE 807
    CORPUS CHRISTI,TX78401     		NONE EXEMPT LEADERSHIP PROGRAM 15,000
    LOWER RIO GRANDE NATURE CENTER
    ATTN MARTIN HAGNE
    P O BOX 8125
    WESLACO,TX78599     		NONE EXEMPT BUILDING OUR CHILDREN'S NATURAL FUTU 20,000
    MANNED SPACE FLIGHT ED
    ATTN DICK SANGER
    1601 NASA PARKWAY
    HOUSTON,TX77058     		NONE EXEMPT EXPLORATION ACADEMY 50,000
    MARY MCLEOD BETHUNE DAY C
    ATTN JIMMIE BIBBS MCCURN
    900 KINNEY STREET
    CORPUS CHRISTI,TX78401     		NONE EXEMPT CHILD CARE SERVICES 10,000
    MAXINE FLOURNOY 3RD COAST SQUADRON
    ATTN PEARSON KNOLLE
    P O BOX 8192
    CORPUS CHRISTI,TX78468     		NONE EXEMPT EDUCATIONAL DISPLAY OF WWII 25,000
    MEDINA CHILDREN'S HOME
    ATTN KEVIN MCDONALD
    21300 STATE HIGHWAY 16 N
    MEDINA,TX78055     		NONE EXEMPT DAY CARE EXPANSION 100,000
    MEDINA CLAY TARGET
    ATTN OWEN WOODARD
    P O BOX 1391
    MEDINA,TX78055     		NONE EXEMPT SHOTGUN SHOOTING SPORTS 15,000
    MISSION OF MERCY
    ATTN PATTY CLARK
    719 S SHORELINE BLVD SU
    CORPUS CHRISTI,TX78401     		NONE EXEMPT MOBILE MEDICAL CLINIC 40,000
    NATIONAL GUARD ASSOCIATION
    ATTN RAY LINDNER
    3706 CRAWFORD AVE
    AUSTIN,TX78731     		NONE EXEMPT OLD HICKORY DIVISION MEMORIAL PROJEC 32,000
    NEHEMIAH CENTER
    ATTN ANGELA SYNEK
    5015 FANNIN STREET
    HOUSTON,TX77004     		NONE EXEMPT OPERATING FUNDS 50,000
    NUECES COUNTY 4-H TRAP
    ATTN DEAN LEBER
    P O BOX 271052
    CORPUS CHRISTI,TX78427     		NONE EXEMPT 4-H SHOOTING SPORTS 10,000
    ODYSSEY VISTACARE HOSPICE
    ATTN SHARON ANDERSON
    7801 MESQUITE BEND 105
    IRVING,TX75063     		NONE EXEMPT PATIENT NEEDS AND REQUESTS 15,000
    PARTNERS IN MINISTRY
    ATTN KATIE GIVENS
    301 JUNCTION HWY SUITE
    KERRVILLE,TX78028     		NONE EXEMPT VISION YOUTH 50,000
    PEEWEE'S PET ADOPTION WORLD
    ATTN ERNIE COCHRAN
    1307 SARATOGA
    CORPUS CHRISTI,TX78417     		NONE EXEMPT SPAY/NEUTER ADOPTION PROGRAM 5,000
    PREMONT ISD
    ATTN ERNEST SINGLETON
    P O BOX 530
    PREMONT,TX78375     		NONE EXEMPT SAVING PREMONT ISD 100,000
    PRESBYTERIAN CHILDREN'S HOME
    ATTN REV DR CHARLES MENDENHALL
    4407 BEE CAVE RD ST 520
    AUSTIN,TX78746     		NONE EXEMPT ITASCA HOME & CHILD & FAMILY PROGRAM 80,000
    READ YOUTH CHARITIES
    ATTN MICHAEL THORNTON
    P O BOX 1060
    MAGNOLIA,TX77353     		NONE EXEMPT DEERFOOT YOUTH CAMP & RENOVATION PRO 25,000
    RIO GRANDE CHILDREN'S HOME
    ATTN MONICA SKRZYPINSKI
    3780 N BENTSEN PALM DR
    MISSION,TX78574     		NONE EXEMPT OPERATIONAL FUNDS 45,000
    RISE SCHOOL OF CORPUS CHRISTI
    ATTN SHERRY RUMLEY
    744 EVERHARD ROAD
    CORPUS CHRISTI,TX78411     		NONE EXEMPT SCHOLARSHIPS 10,000
    RONALD MCDONALD HOUSE
    ATTN MARK AVELAR
    3402 FT WORTH ST
    CORPUS CHRISTI,TX78411     		NONE EXEMPT SHARE-A-NIGHT PROGRAM 15,000
    SADDLE LIGHT CENTER
    ATTN KERSTIN L FOSDICK
    17530 OLD EVANS ROAD
    SELMA,TX78154     		NONE EXEMPT HORSE AND BARN EXPENSES 15,000
    SALVATION ARMY
    ATTN MAJOR DANIEL NEW
    PO BOX 2507
    CORPUS CHRISTI,TX78403     		NONE EXEMPT SHELTER & FOOD PROGRAM 25,000
    SEA CITY WORK CAMP
    ATTN SHIRLEY SYAMKEN
    PO BOX 10449
    CORPUS CHRISTI,TX78460     		NONE EXEMPT WORK CAMP 2012 5,000
    SEARCH HOMELESS SERVICES
    ATTN LISA ESTES
    2505 FANNIN
    HOUSTON,TX77002     		NONE EXEMPT HOUSE OF TINY TREASURES 25,000
    SMALL STEPS NURTURING CENTER
    ATTN ASHLEY WEATHERS
    2902 JENSEN DRIVE
    HOUSTON,TX77026     		NONE EXEMPT NUTRITION PROGRAM 15,000
    SOUTH TEXAS CHILDREN'S HOME
    ATTN HOMER L HANNA JR
    PO BOX 1210
    BEEVILLE,TX78104     		NONE EXEMPT COTTAGE RENOVATION 100,000
    SOUTH TEXAS PUBLIC BROADCASTING
    ATTN DON DUNLAP
    4455 S PADRE ISLAND DRIV
    CORPUS CHRISTI,TX78411     		NONE EXEMPT NEW BROADCAST FACILITY 50,000
    SOUTH TX BOTANICAL GARDENS
    ATTN MICHAEL WOMACK
    8545 S STAPLES ST
    CORPUS CHRISTI,TX78413     		NONE EXEMPT NEW GREENHOUSE 150,000
    SOUTHWEST CHRISTIAN SCHOOL
    ATTN LINDA JOHNSON
    7001 BENBROOK LAKE DRIVE
    FORT WORTH,TX76132     		NONE EXEMPT EXPLORE, DISCOVER & LEARN 15,000
    ST JAMES EPISCOPAL SCHOOL
    ATTN REV DR LOUIS OATS
    602 S CARANCAHUA
    CORPUS CHRISTI,TX78401     		NONE EXEMPT OPPORTUNITY GRANT 50,000
    STILL CREEK BOYS AND GIRLS RANCH
    ATTN MELINDA BAKER
    6055 HEARNE ROAD
    BRYAN,TX77808     		NONE EXEMPT EDUCATION PROJECT 15,000
    SUNNY GLEN CHILDREN'S HOME
    ATTN RAY CROWDER
    PO BOX 1373
    SAN BENITO,TX78586     		NONE EXEMPT PROGRAM NEEDS 50,000
    TEEN CHALLENGE OF TEXAS
    ATTN EDWIN WISEHART
    3850 S LOOP 1604 W
    SAN ANTONIO,TX78264     		NONE EXEMPT BATHROOM REMODEL/FIRE SYSTEM 180,000
    TENNIS SUCCESS
    ATTN RONALD ELIZONDO
    P O BOX 71647
    CORPUS CHRISTI,TX78467     		NONE EXEMPT YOUTH TENNIS PROGRAM 10,000
    TEXAS 4-H YOUTH DEVELOP FOUNDATION
    ATTN JIM REEVES
    P O BOX 11020
    COLLEGE STATION,TX77842     		NONE EXEMPT TEXAS 4-H CONGRESS 25,000
    TEXAS A&M FOUNDATION
    401 GEORGE BUSH DRIVE
    COLLEGE STATION,TX77840     		NONE EXEMPT TREE & BENCH PROGRAM 6,000
    TEXAS A&M FOUNDATION
    ATTN SHAUN MILLIGAN
    401 GEORGE BUSH DRIVE
    COLLEGE STATION,TX77840     		NONE EXEMPT EXCELLENCE FD/PAVILION/AGGIE BAND 100,000
    TEXAS A&M RESEARCH FOUNDATION
    ATTN DR KAREN BUTLER-PURRY
    400 HARVEY MITCHELL PKWAY
    COLLEGE STATION,TX77845     		NONE EXEMPT ATTRACTING TOP GRADUATE AGGIES 60,000
    TEXAS A&M UNIVERSITY
    ATTN PEGGY A SAMSON
    1225 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT SOUTH TEXAS PARENT PROGAM 25,000
    TEXAS A&M UNIVERSITY
    ATTN STEVE BLOMSTEDT
    4222 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT FACULTY FELLOWSHIP PROGRAM 50,000
    TEXAS A&M UNIVERSITY
    ATTN SHARON ALLEN
    3257 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT HARRIS PROFESSORSHIP IN QUANTUM OPTI 150,000
    TEXAS A&M UNIVERSITY - CORPUS CHRIS
    ATTN CYNTHIA LYLE
    6300 OCEAN DRIVE
    CORPUS CHRIST,TX78412     		NONE EXEMPT SCHOLARSHIPS & OPERATIONS / RESEARCH 105,000
    TEXAS A&M UNIVERSITY - KINGSVILLE
    ATTN THOMAS DOCK
    700 UNIVERSITY BLVD MSC
    KINGSVILLE,TX78363     		NONE EXEMPT ROTC OPERATIONS / COLLEGE OF BUSINES 100,000
    TEXAS A&M UNIVERSITY - TEXARKANA
    ATTN DR C B RATHBURN
    7101 UNIVERSITY AVENUE
    TEXARKANA,TX75503     		NONE EXEMPT REGIONAL STEM RESEARCH & EDUC CENTER 51,950
    TEXAS A&M UNIVERSITY PRESS
    ATTN CHARLES BACKUS
    4354 TAMU
    COLLEGE STATION,TX77843     		NONE EXEMPT OPERATING FUNDS 100,000
    TEXAS LUTHERAN PRESCHOOL
    ATTN ALICIA GARCIA
    2205 SIXTEENTH ST
    CORPUS CHRISTI,TX78404     		NONE EXEMPT 2012 FALL REGISTRATION 6,000
    TEXAS PARKS AND WILDLIFE
    ATTN CARMEN HASETTE
    POBOX 1167
    MATHIS,TX78368     		NONE EXEMPT KID FISH DERBY 3,500
    TEXAS RAMP PROJECT
    ATTN JOHN LAINE
    PO BOX 832065
    RICHARDSON,TX75083     		NONE EXEMPT OPERATING FUNDS 35,000
    TEXAS STATE AQUARIUM
    ATTN HEATHER GUERRERO
    2710 N SHORELINE BLVD
    CORPUS CHRISTI,TX78402     		NONE EXEMPT STINGRAY LAGOON 25,000
    THE CATTERY
    ATTN SAMANTHA PERSON
    P O BOX 8575
    CORPUS CHRISTI,TX78468     		NONE EXEMPT MASH CLINIC & SPRAY/NEUTER PROGRAM 22,500
    THERAPY PET PALS OF TEXAS
    ATTN KATHRYN LASHMIT
    3930 BEE CAVE ROAD SUITE
    AUSTIN,TX78746     		NONE EXEMPT RECRUITMENT TRAINING AND RENTENTION 3,000
    TIERRA GRANDE TX MASTER NATURALIST
    ATTN PAMELA PIPES
    P O BOX 133
    ALPINE,TX79830     		NONE EXEMPT WETLANDS RESTORATION PROJECT 25,000
    TIMON'S MINISTRIES
    ATTN KAE BERRY
    10501 S PADRE ISLAND DR
    CORPUS CHRISTI,TX78418     		NONE EXEMPT OPERATIONAL FUNDS 15,000
    UNIVERSITY OF TEXAS FOUNDATION
    ATTN DOUG RATCLIFF
    PO BOX 250
    AUSTIN,TX78767     		NONE EXEMPT GEOFORCE 20,000
    UNIVERSITY OF TEXAS HEALTH SCIENCE
    ATTN AMANDA MARLOW
    7000 FANNIN SUITE 1900
    HOUSTON,TX77030     		NONE EXEMPT REACH OUT AND READ TEXAS 20,000
    UNIVERSITY OF THE INCARNATE WORD
    ATTN DR LOUISE AGNESE
    4301 BROADWAY
    SAN ANTONIO,TX78209     		NONE EXEMPT BASEBALL SCHOLARSHIPS & CAPITAL IMP 35,000
    VANNIE COOK CANCER FOUNDATION
    ATTN LAURA MARTINEZ ILGUN
    101 W EXPRESSWAY 83
    MCALLEN,TX78503     		NONE EXEMPT CARING FOR CHILDREN WITH CANCER 100,000
    WEST TEXAS BOYS RANCH
    ATTN JAMES SATTERWHITE
    10223 BOYS RANCH RD
    SAN ANGELO,TX76904     		NONE EXEMPT BOY CARE PROGRAM 35,000
    WOMEN'S SHELTER OF S TX
    ATTN FRANCES WILSON
    PO BOX 3368
    CORPUS CHRISTI,TX78463     		NONE EXEMPT EMERGENCY SHELTER/SUPPORTIVE SERVICE 25,000
    YMCA OF THE COASTAL BEND
    ATTN JAMES E SCOVILLE
    417 S UPPER BROADWAY
    CORPUS CHRISTI,TX78401     		NONE EXEMPT VISION FOR THE FUTURE CAPITAL CAMPAI 55,000
    YOAKUM HERITAGE MUSEUM
    ATTN JAMIE KELLEY
    P O BOX 2
    YOAKUM,TX77995     		NONE EXEMPT SCHOLARSHIPS 5,000
    YOUNG LIFE
    ATTN HENRY NUSS
    5934 S STAPLES STUIT 216
    CORPUS CHRISTI,TX78413     		NONE EXEMPT RAY/ MILLER HIGH SCHOOL LEADERSHIP 15,000
    YWCA OF CORPUS CHRISTI
    ATTN NANCY WESSON-DODD
    4601 CORONA DR
    CORPUS CHRISTI,TX78411     		NONE EXEMPT YW TEEN PROGRAM 13,000
    Total .................................bullet 3a 6,130,900
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    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          
    4 Dividends and interest from securities....     14 1,591,094  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 275,840  
    6Net rental income or (loss) from personal property          
    7 Other investment income.....     15 34,707,939  
    8Gain or (loss) from sales of assets other than inventory     25 14,659  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aSTANDARD RENEWABLE ENERGY G 900099 -7,376      
    bGALVESTON - PASSIVE LOSS CO 900099 -286,306      
    cSREG - PASSIVE LOSS CO 900099 -370,109      
    dEAGLE ROCK ENERGY PARTNERS 900099 -710      
    eNUSTAR ENERGY LP 900099 -973      
    fTEEKAY LNG PARTNERS 900099 -709      
    12 Subtotal. Add columns (b), (d), and (e).. -666,183 36,589,532  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1335,923,349
    (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 (2011)
    Form 990-PF (2011)
    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 (2011)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 23,878 19,102   4,776

    TY 2011 CompensationExplanation
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Person Name Explanation
    PAUL D ALTHEIDE  
    ROBERT WALKER  
    JOHN D WHITE  
    RICHARD SCHENDEL  
    DAVID HOYER  
    KEN W TRAWICK  
    JOHN J JOHNSON  

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

    TY 2011 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     139,192     32,834      

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

    TY 2011 GainLossSaleOtherAssetsSch
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    2001 JEEP WRANGLER 2003-06 PURCHASE 2012-04   9,000       9,000  

    TY 2011 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 2011 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 22,314,567 22,314,567

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MANAGED EQUITIES 7,971,343 7,971,343
    WHITE POINT DEVELOPMENT 4,500 4,500
    TRULITE 122,560 122,560

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    US Government Securities - End of Year Book Value:

    24,082,654
    US Government Securities - End of Year Fair Market Value:

    24,082,654
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2011 InvestmentsLandSchedule2
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 7,137,721   7,137,721 8,368,050
    LAND IMPROVEMENTS 236,540 81,538 155,002  
    BLDGS & LEASEHOLD IMPROVS - OFFICE 107,712 10,002 97,710  
    BLDGS & LEASEHOLD IMPROVS - RANCH 627,084 117,941 509,143  
    FURNITURE & EQUIPMENT - OFFICE 62,828 34,003 28,825  
    FURNITURE & EQUIPMENT - RANCH 25,838 23,209 2,629  

    TY 2011 InvestmentsOtherSchedule2
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PARTNERSHIP INVESTMENTS FMV 311,484 311,484
    STANDARD RENEWABLE ENERGY FMV 600,000 600,000

    TY 2011 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        
    LAND IMPROVEMENTS 284,089 55,212 228,877  
    FURNITURE & EQUIPMENT 165,113 118,731 46,382  
    VEHICLE 67,081 50,114 16,967  
    LAND - LA COPA 87,515   87,515 2,458,200


    TY 2011 LegalFeesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 26,963      


    TY 2011 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 2011 OtherDecreasesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Description Amount
    EXCISE TAX EXPENSE 849
    NON DEDUCTIBLE EXPENSES 5


    TY 2011 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 67 67    
    CONTRACT LABOR 31,582 31,582    
    FUEL & OIL - NON EXEMPT 12,031 12,031    
    INSURANCE - AUTO & OFFICE 13,485 3,371   10,114
    INSURANCE - LIAB & WRK COMP 5,848 1,462   4,386
    INVESTMENT COMMISSION EXPENSE 11,913 11,913    
    MISCELLANEOUS 77,563 77,563    
    OFFICE EXPENSE 9,049 4,525   4,525
    POSTAGE 572 286   286
    RANCH SUPPLIES 5,083 5,083    
    REPAIRS & MAINTENANCE 6,795 6,795    
    SEMINARS DUES & FEES 3,468 1,734   1,734
    SUBSCRIPTIONS 1,330 665   665
    UTILITIES & TELEPHONE - RANCH 9,853     9,853
    UTILITIES & TELEPHONE - OTHER 3,799 1,899   1,900
    HOUSEKEEPING/CLEANING 320 320    
    INVESTMENT DEPRECIATION 41,797 41,797    


    TY 2011 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 73,690 73,690 73,690
    MISCELLANEOUS INCOME 20 20 20
    OIL & GAS ROYALTIES 34,634,229 34,634,229 34,634,229
    STANDARD RENEWABLE ENERGY GRP -7,376   -7,376
    GALVESTON - PASSIVE LOSS CO -286,306   -286,306
    SREG - PASSIVE LOSS CO -370,109   -370,109
    EAGLE ROCK ENERGY PARTNERS -710   -710
    NUSTAR ENERGY LP -973   -973
    TEEKAY LNG PARTNERS -709   -709


    TY 2011 OtherIncreasesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Description Amount
    PRIOR YR PARTNERSHIP LOSSES 656,415
    UNREALIZED GAIN ON INVESTMENTS 172,692
    CORRECTION OF PRIOR YR FMV 1,436,907


    TY 2011 OtherLiabilitiesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED VACATION & SICK LEAVE 212,085 286,124
    ACCRUED AD VALOREM TAXES 417,793 732,695


    TY 2011 OtherNotesLoansRcvblShortSch2
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Name of 501(c)(3) Organization Balance Due
    LOAN RECEIVABLE
          		 


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 74,074 71,074   3,000


    TY 2011 TaxesSchedule
    Name:
    THE ED RACHAL FOUNDATION
    EIN: 74-1116595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AD VALOREM TAXES - BROOKS 5,808 1,162   4,646
    AD VALOREM TAXES - OTHER 756,861 756,861    


    TY 2011 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 OPERATING FUNDS 352,657
    Total     352,657