Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
KIMBELL ART FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)301 COMMERCE STREET NO 2300   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FORT WORTH, TX761024123
A Employer identification number

75-6036226
B Telephone number (see instructions)

(817) 336-6100
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,382,583,028J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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 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) 4,487,575
2 Check bullet
3 Interest on savings and temporary cash investments 22,097 22,097 22,097
4 Dividends and interest from securities...... 948,485 948,485 948,485
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 7,808,138
b Gross sales price for all assets on line 6a 43,964,914
7 Capital gain net income (from Part IV, line 2)... 7,800,481
8 Net short-term capital gain......... 603,733
9 Income modifications...........  
10a Gross sales less returns and allowances 1,099,442
b Less: Cost of goods sold.... 691,310
c Gross profit or (loss) (attach schedule)..... 408,132 408,132
11 Other income (attach schedule)....... Click to see attachment 30,942,930 28,130,254 30,942,930
12 Total. Add lines 1 through 11........ 44,617,357 36,901,317 32,925,377
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,323,733 546,543 546,543 777,190
14 Other employee salaries and wages...... 5,878,130 211,390 211,390 5,666,740
15 Pension plans, employee benefits....... 1,324,589 80,289 80,289 1,244,300
16a Legal fees (attach schedule)......... Click to see attachment 105,459 35,197 35,197 70,262
b Accounting fees (attach schedule)....... Click to see attachment 91,217 31,498 31,498 59,719
c Other professional fees (attach schedule).... Click to see attachment 569,710 550,550 550,550 19,160
17 Interest............... 3,428,682 0 0 3,428,682
18 Taxes (attach schedule) (see instructions) Click to see attachment 1,996,896 1,641,896 1,641,896 355,000
19 Depreciation (attach schedule) and depletion... Click to see attachment 6,024,729 4,665,155 4,665,155
20 Occupancy.............. 515,180 90,624 90,624 424,556
21 Travel, conferences, and meetings....... 35,968 1,645 1,645 34,323
22 Printing and publications.......... 11,862 156 156 11,706
23 Other expenses (attach schedule)....... Click to see attachment 12,989,326 26,368 1,674,499 11,314,828
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 34,295,481 7,881,311 9,529,442 23,406,466
25 Contributions, gifts, grants paid........ 126,948 126,948
26 Total expenses and disbursements. Add lines 24 and 25 34,422,429 7,881,311 9,529,442 23,533,414
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 10,194,928
b Net investment income (if negative, enter -0-) 29,020,006
c Adjusted net income (if negative, enter -0-)... 23,395,935
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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............... 2,973,614 4,894,971 4,894,971
2 Savings and temporary cash investments.......... 3,504,146 4,751,279 4,751,279
3 Accounts receivable bullet5,561,820
Less: allowance for doubtful accounts bullet   16,708,884 5,561,820 5,561,820
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 instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use............... 604,424 945,307 945,307
9 Prepaid expenses and deferred charges........... 137,842 167,216 167,216
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 116,848,665 Click to see attachment93,167,436 124,707,290
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet114,307
Less: accumulated depreciation (attach schedule) bullet89,565 27,250 Click to see attachment24,742 25,000
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 106,543,022 Click to see attachment131,277,016 323,086,046
14 Land, buildings, and equipment: basis bullet161,996,677
Less: accumulated depreciation (attach schedule) bullet9,978,632 112,193,543 Click to see attachment152,018,045 238,095,000
15 Other assets (describe bullet) Click to see attachment294,015,794 Click to see attachment296,574,423 Click to see attachment1,680,349,099
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 653,557,184 689,382,255 2,382,583,028
Liabilities 17 Accounts payable and accrued expenses.......... 61,938 392,081
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......   25,300,000
22 Other liabilities (describe bullet) Click to see attachment60,800,000 Click to see attachment60,800,000
23 Total liabilities (add lines 17 through 22).......... 60,861,938 86,492,081
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 592,068,514 602,249,754
25 Temporarily restricted................ 226,732 240,420
26 Permanently restricted................ 400,000 400,000
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).................... 592,695,246 602,890,174
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 653,557,184 689,382,255
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)............... 1 592,695,246
2 Enter amount from Part I, line 27a..................... 2 10,194,928
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 602,890,174
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 602,890,174
Form 990-PF (2013)
Form 990-PF (2013)
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 DODGE & COX   2013-01-01 2013-12-31
b LUTHER KING CAPITAL MANAGEMENT   2013-01-01 2013-12-31
c LOOMIS, SAYLES & COMPANY, LP   2013-01-01 2013-12-31
d J.P. MORGAN SECURITIES LLC   2013-01-01 2013-12-31
e DEFERRED COMPENSATION ASSETS - TIAA CREF   2013-01-01 2013-12-31
DEFERRED COMPENSATION ASSETS - DREYFUS   2013-01-01 2013-12-31
FIDELITY INVESTMENTS (CONSERVATION ENDOWMENT)   2013-01-01 2013-12-31
DODGE & COX   2012-01-01 2013-12-31
LUTHER KING CAPITAL MANAGEMENT   2012-01-01 2013-12-31
LOOMIS, SAYLES & COMPANY, LP   2012-01-01 2013-12-31
J.P. MORGAN SECURITIES LLC   2012-01-01 2013-12-31
NORTHERN TRUST SECURITIES, INC.   2012-01-01 2013-12-31
DEFERRED COMPENSATION ASSETS - TIAA CREF   2012-01-01 2013-12-31
DEFERRED COMPENSATION ASSETS - DREYFUS   2012-01-01 2013-12-31
FIDELITY INVESTMENTS (CONSERVATION ENDOWMENT)   2012-01-01 2013-12-31
AMERICAN BEACON ADVISORS, INC.   2013-01-01 2013-12-31
MANNING & NAPIER ADVISORS, LLC   2013-01-01 2013-12-31
AMERICAN BEACON ADVISORS, INC.   2012-01-01 2013-12-31
MANNING & NAPIER ADVISORS, LLC   2012-01-01 2013-12-31
HAYMAN CAPITAL OFFSHORE PARTNERS, LP   2012-01-01 2013-12-31
H OFFSHORE FUND, LTD   2012-01-01 2013-12-31
CORRIENTE CHINA OPPORTUNITY OFFSHORE PARTNERS, LP   2012-01-01 2013-12-31
EUROPEAN DIVERGENCE OFFSHORE PARTNERS II, LP   2012-01-01 2013-12-31
AMERICAN PRIVATE EQUITY PARTNERS II, LP P 2013-01-01 2013-12-31
AMERICAN PRIVATE EQUITY PARTNERS II, LP P 2012-01-01 2013-12-31
AMERICAN PRIVATE EQUITY PARTNERS, LP P 2013-01-01 2013-12-31
AMERICAN PRIVATE EQUITY PARTNERS, LP P 2012-01-01 2013-12-31
BRANDES EMERGING MARKETS EQUITY II PORTFOLIO P 2013-01-01 2013-12-31
BRANDES EMERGING MARKETS EQUITY II PORTFOLIO P 2012-01-01 2013-12-31
BRAVO EQUITY PARTNERS II, LP P 2013-01-01 2013-12-31
BRAVO EQUITY PARTNERS II, LP P 2012-01-01 2013-12-31
CHASE CAPITAL PARTNERS PRIVATE EQUITY FUND OF FUNDS II, LTD P 2013-01-01 2013-12-31
CHASE CAPITAL PARTNERS PRIVATE EQUITY FUND OF FUNDS II, LTD P 2012-01-01 2013-12-31
COMMONFUND CAPITAL INTERNATIONAL PARTNERS V, LP P 2013-01-01 2013-12-31
COMMONFUND CAPITAL INTERNATIONAL PARTNERS V, LP P 2012-01-01 2013-12-31
COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VI, LP P 2013-01-01 2013-12-31
COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VI, LP P 2012-01-01 2013-12-31
CONGRUENT CREDIT OPPORTUNITIES FUND II, LP P 2013-01-01 2013-12-31
CONGRUENT CREDIT OPPORTUNITIES FUND II, LP P 2012-01-01 2013-12-31
COTTON CREEK CAPITAL PARTNERS, LTD P 2012-01-01 2013-12-31
JPMORGAN PARTNERS GLOBAL PRIVATE INVESTORS I, LP P 2012-01-01 2013-12-31
MURPHREE VENTURE PARTNERS VI, LP P 2012-01-01 2013-12-31
OAK HILL CAPITAL PARTNERS III (AIV I), LP P 2012-01-01 2013-12-31
PNL INSTITUTIONAL PARTNERS, L.P. P 2012-01-01 2013-12-31
PTV SCIENCES II, LP P 2012-01-01 2013-12-31
THE RCP GRADUATE FUND, LP P 2013-01-01 2013-12-31
THE RCP GRADUATE FUND, LP P 2012-01-01 2013-12-31
SVB STRATEGIC INVESTORS FUND III, LP P 2013-01-01 2013-12-31
SVB STRATEGIC INVESTORS FUND III, LP P 2012-01-01 2013-12-31
SVB STRATEGIC INVESTORS FUND IV, LP P 2013-01-01 2013-12-31
SVB STRATEGIC INVESTORS FUND IV, LP P 2012-01-01 2013-12-31
TPG ENDOWMENT FUND V, LP P 2012-01-01 2013-12-31
TPG BLUEGRASS V-AIV I, LP P 2012-01-01 2013-12-31
TPG ENDOWMENT FUND VI, LP P 2013-01-01 2013-12-31
TPG ENDOWMENT FUND VI, LP P 2012-01-01 2013-12-31
VSS COMMUNICATIONS PARALLEL PARTNERS IV, LP P 2012-01-01 2013-12-31
(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 9,900,000   9,054,586 845,414
b 4,302,954   4,745,126 -442,172
c 482,505   405,186 77,319
d 26,636   27,118 -482
e 61,440   56,495 4,945
558   512 46
2,612     2,612
5,389     5,389
11,096,878   7,252,705 3,844,173
1,830,277   1,441,708 388,569
614     614
1,291,114   541,603 749,511
580,624   451,148 129,476
30,573   25,677 4,896
35,368     35,368
405,849   400,110 5,739
64,208     64,208
5,294,151   4,773,081 521,070
1,376,463   904,576 471,887
1,000,000   1,000,000 0
2,000,000   956,688 1,043,312
544,291   2,000,000 -1,455,709
888,732   2,000,000 -1,111,268
    31,200 -31,200
145,530     145,530
1     1
19,702     19,702
34,004     34,004
319,945     319,945
    1,762 -1,762
    13,264 -13,264
2,012     2,012
191,586     191,586
1,085     1,085
96,553     96,553
    351 -351
95,992     95,992
4,830     4,830
50,003     50,003
    70,665 -70,665
    1,555 -1,555
2,900     2,900
405,781     405,781
36,586     36,586
439,851     439,851
    1,059 -1,059
125,982     125,982
28,211     28,211
367,082     367,082
10,267     10,267
84,617     84,617
146,758     146,758
79,014     79,014
66     66
38,841     38,841
8,221     8,221
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       845,414
b       -442,172
c       77,319
d       -482
e       4,945
      46
      2,612
      5,389
      3,844,173
      388,569
      614
      749,511
      129,476
      4,896
      35,368
      5,739
      64,208
      521,070
      471,887
      0
      1,043,312
      -1,455,709
      -1,111,268
      -31,200
      145,530
      1
      19,702
      34,004
      319,945
      -1,762
      -13,264
      2,012
      191,586
      1,085
      96,553
      -351
      95,992
      4,830
      50,003
      -70,665
      -1,555
      2,900
      405,781
      36,586
      439,851
      -1,059
      125,982
      28,211
      367,082
      10,267
      84,617
      146,758
      79,014
      66
      38,841
      8,221
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 7,800,481
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 instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3 603,733
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))
2012 62,581,414 420,048,826 0.148986
2011 67,030,513 425,056,948 0.157698
2010 32,542,136 421,725,874 0.077164
2009 26,032,353 362,728,441 0.071768
2008 22,774,680 415,676,025 0.054789
2 Total of line 1, column (d) ...................... 2 0.510405
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 0.102081
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 434,588,117
5 Multiply line 4 by line 3....................... 5 44,363,190
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 290,200
7 Add lines 5 and 6......................... 7 44,653,390
8 Enter qualifying distributions from Part XII, line 4.............. 8 66,936,598
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.
Form 990-PF (2013)
Form 990-PF (2013)
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 1 290,200
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 0
3 Add lines 1 and 2............................ 3 290,200
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 290,200
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 314,085
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 125,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 439,085
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 10 148,885
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet148,885 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 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 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
    Yes
     
    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 instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.KIMBELLART.ORG
    14
    The books are in care ofbulletBRENDA A CLINE Telephone no.bullet (817) 336-6100
    Located atbullet301 COMMERCE STE 2300FORT WORTHTX ZIP+4bullet76102
    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 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See 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 (2013)
    Form 990-PF (2013)
    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 2013?.............
    1c
     
    No
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    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 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 2013 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 2013.)....................
    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 2013?
    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 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 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 (2013)
    Form 990-PF (2013)
    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 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
    MRS BEN J FORTSON DIRECTOR, PRESIDENT & CEO
    15.00     		0 0 0
    301 COMMERCE STREET SUITE 2300
    FORT WORTH,TX76102
    MR BEN J FORTSON DIRECTOR, VICE-PRESIDENT
    10.00     		0 0 0
    301 COMMERCE STREET SUITE 2300
    FORT WORTH,TX76102
    MR BEN J FORTSON III DIRECTOR, VICE-PRESIDENT
    1.00     		0 0 0
    301 COMMERCE STREET SUITE 2300
    FORT WORTH,TX76102
    MRS WILLIAM K BURTON DIRECTOR
    1.00     		0 0 0
    301 COMMERCE STREET SUITE 2300
    FORT WORTH,TX76102
    MRS GLENN M DARDEN DIRECTOR
    1.00     		0 0 0
    301 COMMERCE STREET SUITE 2300
    FORT WORTH,TX76102
    MS KAREN FORTSON DAVIS DIRECTOR
    1.00     		0 0 0
    301 COMMERCE STREET SUITE 2300
    FORT WORTH,TX76102
    MR EDWARD R HUDSON JR DIRECTOR
    1.00     		0 0 0
    301 COMMERCE STREET SUITE 2300
    FORT WORTH,TX76102
    MRS JOHN L MARION DIRECTOR
    1.00     		0 0 0
    301 COMMERCE STREET SUITE 2300
    FORT WORTH,TX76102
    MRS LISA K ALCORN DIRECTOR
    1.00     		0 0 0
    301 COMMERCE STREET SUITE 2300
    FORT WORTH,TX76102
    MRS MITCHELL S WYNNE DIRECTOR
    1.00     		0 0 0
    301 COMMERCE STREET SUITE 2300
    FORT WORTH,TX76102
    BRENDA A CLINE EXEC. VP, CFO, SECR./TREAS.
    35.00     		416,950 38,346 13,045
    301 COMMERCE STREET SUITE 2300
    FORT WORTH,TX76102
    BRENDA A CLINE DEFCOMP-STMT 18 EXEC. VP, CFO, SECR./TREAS.
    35.00     		676,783 0 0
    301 COMMERCE STREET SUITE 2300
    FORT WORTH,TX76102
    SUSAN R DRAKE ASST. SECR./TREAS., DEP. DIR. FINA/ADM
    35.00     		230,000 27,901 3,772
    3333 CAMP BOWIE BLVD
    FORT WORTH,TX76107
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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
    ERIC M LEE SEE STMT 18 MUSEUM DIRECTOR
    35.00     		563,000 45,649 8,847
    301 COMMERCE ST STE 2300
    FORT WORTH,TX76102
    GEORGE TM SHACKELFORD SEE STMT 18 DEPUTY DIRECTOR
    35.00     		322,300 25,873 0
    301 COMMERCE ST STE 2300
    FORT WORTH,TX76102
    CLAIRE M BARRY DIRECTOR OF CONSERVA
    35.00     		207,000 19,908 0
    301 COMMERCE ST STE 2300
    FORT WORTH,TX76102
    LARRY D EUBANK OPERATIONS MANAGER
    35.00     		148,500 14,227 0
    301 COMMERCE ST STE 2300
    FORT WORTH,TX76102
    MARK K RICH DIRECTOR OF INVESTME
    35.00     		135,000 22,077 0
    301 COMMERCE ST STE 2300
    FORT WORTH,TX76102
    Total number of other employees paid over $50,000...................bullet 28
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    THE BECK GROUP CONSTRUCTION MANAGEMENT 30,904,675
    810 HEMPHILL STREET
    FORT WORTH,TX76104
    PARATUS GROUP II INC PROJECT MANAGEMENT 621,921
    568 BROADWAY SUITE 602
    NEW YORK,NY10012
    KENDALLHEATON ASSOCIATES INC ARCHITECTURAL 602,881
    3050 POST OAK BOULEVARD
    HOUSTON,TX77056
    RENZO PIANO BUILDING WORKSHOP ARCHITECTURAL 493,231
    VIA DELLE FABBRICHE 33
      GENOA  
    IT
    BRETT TAYLOR ROYALTY TRUST OIL & GAS CONSULTING 423,905
    PO BOX 9
    ALEDO,TX76008
    Total number of others receiving over $50,000 for professional services.............bullet27
    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 THE KIMBELL ART FOUNDATION'S DIRECT CHARITABLE ACTIVITY IS ITS OWNERSHIP AND OPERATION OF THE KIMBELL ART MUSEUM, LOCATED AT 3333 CAMP BOWIE BOULEVARD, FORT WORTH, TEXAS 68,229,729
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see 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 0
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see 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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    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
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
     
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
     
    Part XII
    Qualifying Distributions (see 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
     
    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
     
    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
     
    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 instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    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 (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$  
    a Applied to 2012, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2013 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2013.    
    (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  
    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 instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013....  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see 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 2013, enter the date of the ruling.......bullet
    1972-03-31
    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) 2013 (b) 2012 (c) 2011 (d) 2010
    21,729,406 21,002,441 21,252,847 21,086,294 85,070,988
    b 85% of line 2a ......... 18,469,995 17,852,075 18,064,920 17,923,350 72,310,340
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		66,936,598 62,919,714 67,373,445 32,968,940 230,198,697
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		126,948 83,500 79,500 82,500 372,448
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		66,809,650 62,836,214 67,293,945 32,886,440 229,826,249
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		14,486,271 14,001,627 14,168,565 14,057,529 56,713,992
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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 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:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2013)
    Form 990-PF (2013)
    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
    FORT WORTH SYMPHONY ORCHESTRA
    330 E 4TH STREET SUITE 200
    FORT WORTH,TX76102     		NONE PUBLIC OPERATIONS 2,000
    TEXAS CHRISTIAN UNIVERSITY
    2800 S UNIVERSITY DRIVE
    FORT WORTH,TX76129     		NONE PUBLIC ENDOWMENT 37,000
    TEXAS CHRISTIAN UNIVERSITY
    2800 S UNIVERSITY DRIVE
    FORT WORTH,TX76129     		NONE PUBLIC OPERATIONS 8,000
    TEXAS CULTURAL TRUST
    823 CONGRESS AVE
    AUSTIN,TX78701     		NONE PUBLIC OPERATIONS 40,448
    THE ARCHITECTURAL LEAGUE OF NEW YORK
    594 BROADWAY SUITE 607
    NEW YORK,NY10012     		NONE PUBLIC OPERATIONS 8,000
    UNIVERSITY OF TEXAS
    1 UNIVERSITY STATION
    AUSTIN,TX78712     		NONE PUBLIC OPERATIONS 30,000
    VAN CLIBURN FOUNDATION
    2525 RIDGMAR BLVD 307
    FORT WORTH,TX76116     		NONE PUBLIC OPERATIONS 1,500
    Total .................................bullet 3a 126,948
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 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....          
    3
    Interest on savings and temporary cash investments ............     		    14 22,097  
    4 Dividends and interest from securities....     14 948,485  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		523000 6,797 18 7,800,481 860
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..         408,132
    11 Other revenue: aMEMBERSHIP REVENUE         2,497,552
    bSPECIAL PROGRAMS AND PROJECTS         558,197
    cCONSERVATION REVENUE         171,406
    dOIL & GAS ROYALTIES     15 22,773,157  
    eNET PROFIT INTEREST ROYALTIES     15 3,168,647  
    fOTHER EXEMPT REVENUE         30,696
    gOTHER INCOME     18 79  
    hPASSTHROUGH FROM PARTNERSHIP INVESTMENTS 523000 -445,175 14 2,188,371  
    12 Subtotal. Add columns (b), (d), and (e).. -438,378 36,901,317 3,666,843
    13Total. Add line 12, columns (b), (d), and (e)..................
    1340,129,782
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    8 GAIN ON SALE OF EXEMPT PURPOSE ASSETS
    10 SALE OF MUSEUM SHOP ITEMS SUCH AS BOOKS AND OTHER MATERIALS WHICH PROMOTE INTEREST IN VARIOUS ART FORMS TO THE GENERAL PUBLIC AND BUFFET FOOD ITEMS SERVED FOR THE BENEFIT OF MUSEUM PATRONS.
    11 REVENUE FROM MEMBERSHIP, CONSERVATION, SPECIAL PROGRAMS AND PROJECTS RELATED TO THE FOUNDATION'S EXEMPT PURPOSE.
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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
    Sign Here
    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
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    KIMBELL ART FOUNDATION
     
    Employer identification number

    75-6036226
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    AMON G CARTER FOUNDATION  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$1,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    MICHAEL D ANDERECK  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    ARDON AND IRIS MOORE FOUNDATION  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
     
     

    ANNE H BASS  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
     
     

    CORNELIA AND JIM BLAKE  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$20,091


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
     
     

    LOU ANN BLAYLOCK  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
     
     

    ELLIOT AND KAY CATTARULLA  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
     
     

    BRENDA AND CHAD CLINE  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
     
     

    COMMUNITY FOUNDATION OF NORTH TEXAS  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$26,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
     
     

    THE DALLAS FOUNDATION  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
     
     

    JUANA ROSA AND RON DANIELL  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
     
     

    KIM AND GLENN DARDEN  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$25,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    13
     
     

    LUCY DARDEN  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    14
     
     

    MR AND MRS WILLIAM S DAVIS  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    15
     
     

    VIRGINIA CLAY DORMAN  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    16
     
     

    EAST TEXAS COMMUNITIES FOUNDATION  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    17
     
     

    FIDELITY CHARITABLE GIFT FUND  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$151,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    18
     
     

    BEN FORTSON III  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$25,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    19
     
     

    SHIRLEE J AND TAYLOR GANDY  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    20
     
     

    MR AND MRS GAVIN R GARRETT  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    21
     
     

    JOHN C AND CAMI C GOFF  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    22
     
     

    MR AND MRS ROBERT C GRABLE  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    23
     
     

    MARK AND ADELE HART  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    24
     
     

    SHANNON AND MARK L HART III  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$100,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    25
     
     

    CAROL HAVENER  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    26
     
     

    GARY AND JUDY HAVENER  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    27
     
     

    HC BECK LTD  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$50,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    28
     
     

    JILL AND CHARLES FISCHER FOUNDATION  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    29
     
     

    JPMORGAN CHASE BANK NA  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$248,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    30
     
     

    ROBERT T KEELEY  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    31
     
     

    DEE AND JANICE KELLY  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    32
     
     

    JULIE AND SCOTT KLEBERG  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    33
     
     

    ROSE ANN KORNFELD  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    34
     
     

    JANEEN AND BILL LAMKIN  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    35
     
     

    LEO POTISHMAN FOUNDATION  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$300,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    36
     
     

    MR LOWE  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    37
     
     

    THE LOWE FOUNDATION  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    38
     
     

    LUTHER AND TERESA KING FAMILY FOUND  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    39
     
     

    LUTHER KING CAPITAL MANAGEMENT  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    40
     
     

    ANNE AND JOHN MARION  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    41
     
     

    TOM AND CHARLENE MARSH  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$50,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    42
     
     

    MARY POTISHMAN LARD TRUST  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$50,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    43
     
     

    BERLENE T AND JARRELL R MILBURN  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    44
     
     

    W A MONCRIEF JR  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    45
     
     

    NESHA AND GEORGE MOREY  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    46
     
     

    GREG MORSE  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    47
     
     

    ROBERT MURCHISON  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    48
     
     

    MR AND MRS R DAVID NEWTON  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    49
     
     

    NANCY M O'BOYLE  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    50
     
     

    MR AND MRS PETER O'DONNELL JR  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    51
     
     

    MR AND MRS ROBERT L PATTON JR  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    52
     
     

    PHYLLIS R PETERS CHARITABLE LEAD TR  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    53
     
     

    R DAVID AND SHERRI M JONES FOUNDATI  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    54
     
     

    THE ROACH FOUNDATION INC  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    55
     
     

    THE ROBERT S AND JOYCE PATE CAPPER  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    56
     
     

    MS ELLEN ROESER  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    57
     
     

    ROSENTHAL 1997 CHARITABLE LEAD TRUS  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    58
     
     

    BETTY SANDERS  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    59
     
     

    SUSAN SCHLEGEL  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    60
     
     

    SID W RICHARDSON FOUNDATION  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$1,000,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    61
     
     

    THOMAS M HELEN MCKEE JOHN P RYAN FO  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$205,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    62
     
     

    GENEVIEVE C WAGNER  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    63
     
     

    THE WALSH FOUNDATION  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    64
     
     

    THE WALTON FAMILY FOUNDATION  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$125,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    65
     
     

    JOY H AND WALTER L WATKINS  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    66
     
     

    WILLIAM M FULLER FOUNDATION  
    301 COMMERCE STREET STE 2300
     
    FORT WORTH, TX76102

    		$10,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    5
    		 STOCK $20,091 2013-07-25
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    KIMBELL ART FOUNDATION
          		Employer identification number

    75-6036226
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2013 AccountingFeesSchedule
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING & AUDITING FEES 91,217 31,498 31,498 59,719

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

    TY 2013 DepreciationSchedule
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    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
    LAND 2011-01-01 5,098,500   L   0 0 0  
    LAND IMPROVEMENTS 2011-01-01 5,892,115 1,268,412 SL 15.000000000000 99,191 0 99,191  
    MUSEUM BUILDINGS & IMPROVEMENTS 2011-01-01 141,390,530 3,835,903 SL 40.000000000000 906,518 0 906,518  
    FURNITURE AND FIXTURES 2011-01-01 5,993,533 1,691,622 SL 10.000000000000 118,143 0 118,143  
    EQUIPMENT 2011-01-01 1,955,915 1,123,990 SL 10.000000000000 90,106 0 90,106  
    COMPUTER EQUIPMENT 2011-01-01 1,666,084 699,131 SL 5.000000000000 145,616 0 145,616  
    FURNITURE AND FIXTURES 2011-01-01 96,378 80,804 SL 7.000000000000 318 0 318  
    COMPUTER EQUIPMENT 2011-01-01 17,929 6,253 SL 5.000000000000 2,190 0 2,190  

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

    TY 2013 GainLossSaleOtherAssetsSch
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    COMPUTERS & SOFTWARE 2012-01 PURCHASED 2013-12   1,461 50,379   0 860 49,778
    SHORT-TERM UBI PASSTHROUGH FROM PARTNERSHIPS 2013-01 PURCHASED 2013-12   3     0 3  
    LONG-TERM UBI PASSTHROUGH FROM PARTNERSHIPS 2012-01 PURCHASED 2013-12   6,794     0 6,794  

    TY 2013 GeneralExplanationAttachment
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Identifier Return Reference Explanation
      FORM 990-PF, PART VIII COMPENSATION:THE $676,783 REPORTED UNDER COMPENSATION FOR BRENDA A. CLINE (DEF. COMP.) REPRESENTS A DEFERRED COMPENSATION PAYOUT EARNED OVER THE PAST 15 YEARS (1999-2013).CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS AND DEFERRED COMPENSATION:OF THE $38,346 REPORTED UNDER CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS AND DEFERRRED COMPENSATION FOR BRENDA A. CLINE, $6,487 RELATES TO NON-VESTED, NOT PAID DEFERRED COMPENSATION.OF THE $45,649 REPORTED UNDER CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS AND DEFERRED COMPENSATION FOR ERIC M. LEE, $14,150 RELATES TO NON-VESTED, NOT PAID DEFERRED COMPENSATION. OF THE $25,873 REPORTED UNDER CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS AND DEFERRED COMPENSATION FOR GEORGE T.M. SHACKELFORD, $2,115 RELATES TO NON-VESTED, NOT PAID DEFERRED COMPENSATION.
    SCHEDULE OF CONTRIBUTORS ADDRESSES SCHEDULE B THE ADDRESS LISTED FOR THE 2013 CONTRIBUTORS IS THE KIMBELL ART FOUNDATION ADDRESS. IF YOU WISH TO INQUIRE ABOUT THE ADDRESS OF AN INDIVIDUAL CONTRIBUTOR PLEASE CONTACT THE KIMBELL ART FOUNDATION AT 817-336-6100.

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMERICAN BEACON ADVISORS, INC. 10,012,319 13,738,620
    J.P. MORGAN SECURITIES LLC 0 0
    DODGE & COX 14,748,204 20,257,122
    MANNING & NAPIER ADVISORS, LLC 9,828,049 11,217,464
    LUTHER KING CAPITAL MANAGEMENT 13,182,049 20,603,516
    FIDELITY INVESTMENTS (CONSERVATION ENDOWMENT) 623,550 761,954
    CORRIENTE ADVISORS, LLC 0 0
    H OFFSHORE FUND, LTD 3,407,869 7,124,150
    OVERSEAS CAP PARTNERS, INC. 15,000,000 18,046,505
    ONE WILLIAM STREET CAPITAL OFFSHORE FUND, LTD 5,000,000 5,973,377
    DOUBLE BLACK DIAMOND, LTD 10,000,000 11,540,757
    LOOMIS, SAYLES & COMPANY, LP 9,413,197 12,950,866
    YOST OFFSHORE FUND, LTD 1,952,199 2,492,959

    TY 2013 InvestmentsLandSchedule2
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE AND FIXTURES 96,378 81,122 15,256 15,000
    COMPUTER EQUIPMENT 17,929 8,443 9,486 10,000

    TY 2013 InvestmentsOtherSchedule2
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MINERAL INTERESTS - ROYALTIES AT COST 65,611,134 223,000,000
    NET PROFITS INTEREST - ROYALTIES AT COST 526,065 24,000,000
    PARTNERSHIP INTERESTS AT COST 65,062,537 75,984,049
    DEFERRED COMPENSATION ASSETS AT COST 77,280 101,997

    TY 2013 LandEtcSchedule2
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 5,098,500 0 5,098,500 7,610,000
    LAND IMPROVEMENTS 5,892,115 1,367,603 4,524,512  
    MUSEUM BUILDINGS & IMPROVEMENTS 141,390,530 4,742,421 136,648,109 224,738,000
    FURNITURE AND FIXTURES 5,993,533 1,809,765 4,183,768 4,184,000
    EQUIPMENT 1,955,915 1,214,096 741,819 742,000
    COMPUTER EQUIPMENT 1,666,084 844,747 821,337 821,000


    TY 2013 LegalFeesSchedule
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 105,459 35,197 35,197 70,262


    TY 2013 OtherAssetsSchedule
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PAINTINGS 211,252,515 211,256,994 1,474,887,259
    SCULPTURES 70,852,012 73,369,490 179,981,000
    DRAWINGS & PRINTS 595,276 595,276 5,761,000
    CERAMICS, LACQUERS & MOSAICS 6,667,836 6,667,836 11,259,500
    LIBRARY 2,310,121 2,346,793 2,346,793
    SCROLLS & SCREENS 2,057,487 2,057,487 5,833,000
    SEALS 170,000 170,000 170,000
    FRAMES 82,447 82,447 82,447
    MEMBERSHIPS 28,100 28,100 28,100


    TY 2013 OtherExpensesSchedule
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SPECIAL PROGRAMS AND PROJECTS 7,824,298 0 729,603 7,094,695
    MEMBERSHIP EXPENSES 918,528 0 918,528 0
    INSURANCE 451,392 0 0 451,392
    REPAIRS AND MAINTENANCE 1,335,232 56 56 1,335,176
    ADMINISTRATIVE COSTS 496,159 26,312 26,312 469,848
    PIANO PAVILION COSTS 1,963,717 0 0 1,963,717


    TY 2013 OtherIncomeSchedule2
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MEMBERSHIP REVENUE 2,497,552   2,497,552
    SPECIAL PROGRAMS AND PROJECTS 558,197   558,197
    CONSERVATION REVENUE 171,406   171,406
    OIL & GAS ROYALTIES 22,773,157 22,773,157 22,773,157
    NET PROFIT INTEREST ROYALTIES 3,168,647 3,168,647 3,168,647
    OTHER EXEMPT REVENUE 30,696   30,696
    OTHER INCOME 79 79 79
    PASSTHROUGH FROM PARTNERSHIP INVESTMENTS 1,743,196 2,188,371 1,743,196


    TY 2013 OtherLiabilitiesSchedule
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Description Beginning of Year - Book Value End of Year - Book Value
    BONDS PAYABLE 60,800,000 60,800,000


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 550,550 550,550 550,550 0
    OTHER FEES 19,160 0 0 19,160


    TY 2013 TaxesSchedule
    Name:
    KIMBELL ART FOUNDATION
    EIN: 75-6036226
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AD VALOREM TAXES 582,070 582,070 582,070 0
    PRODUCTION TAXES 1,059,826 1,059,826 1,059,826 0
    FEDERAL EXCISE TAXES 355,000 0 0 355,000