Form990-PF

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
FOX AND MONICA BENTON FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)8818 STABLE CREST BOULEVARD   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX77024
A Employer identification number

20-2034030
B Telephone number (see instructions)

(713) 680-8280
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$5,520,614J 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) 5,950
2 Check bullet
3 Interest on savings and temporary cash investments 28,457 28,457  
4 Dividends and interest from securities...... 82,638 82,638  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 207,672
b Gross sales price for all assets on line 6a 1,380,302
7 Capital gain net income (from Part IV, line 2)... 207,672
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 26 26  
12 Total. Add lines 1 through 11........ 324,743 318,793  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,114 5,114   0
c Other professional fees (attach schedule).... Click to see attachment 34,645 34,645   0
17 Interest............... 531 531   0
18 Taxes (attach schedule) (see instructions) Click to see attachment 2,912 912   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 38,480 38,480   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 81,682 79,682   0
25 Contributions, gifts, grants paid........ 136,000 136,000
26 Total expenses and disbursements. Add lines 24 and 25 217,682 79,682   136,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 107,061
b Net investment income (if negative, enter -0-) 239,111
c Adjusted net income (if negative, enter -0-)...  
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............... 64,954 85,570 85,570
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet5,000
Less: allowance for doubtful accounts bullet   5,000 5,000 5,000
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...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 994,758 Click to see attachment1,399,862 1,746,665
c Investments—corporate bonds (attach schedule)........ 1,374,229 Click to see attachment994,381 936,114
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,224,688 Click to see attachment2,251,538 2,704,640
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment24,710 Click to see attachment42,625 Click to see attachment42,625
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,688,339 4,778,976 5,520,614
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)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 4,688,339 4,778,976
30 Total net assets or fund balances (see page 17 of the
instructions).................... 4,688,339 4,778,976
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,688,339 4,778,976
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 4,688,339
2 Enter amount from Part I, line 27a..................... 2 107,061
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 4,795,400
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 16,424
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,778,976
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 2012 (DIFFERENCE)FIRST HOUSTON CAPITAL P 2013-01-01 2013-01-01
b ABBOTT LABS COM FIRST IN - 100 SHS P 2009-05-14 2013-07-25
c ABBOTT LABS COM FIRST IN - 200 SHS P 2013-01-29 2013-07-25
d ABBOTT LABS COM FIRST IN - 200 SHS P 2011-03-01 2013-07-25
e ABBOTT LABS COM FIRST IN - 300 SHS P 2008-10-27 2013-07-25
ABBVIE INC COM FIRST IN - 100 SHS P 2013-08-01 2013-09-12
ABBVIE INC COM FIRST IN FIRST OUT - 100 SHS P 2009-05-14 2013-09-12
ABBVIE INC COM FIRST IN FIRST OUT - 200 SHS P 2011-03-01 2013-09-12
ABBVIE INC COM FIRST IN FIRST OUT - 300 SHS P 2008-10-27 2013-09-12
ALLIANCE BERNSTEIN - 100 SHS P 2011-11-07 2013-01-23
ALLIANCE BERNSTEIN - 100 SHS P 2011-11-07 2013-01-23
ALLIANCE BERNSTEIN - 12 SHS P 2011-11-07 2013-01-23
ALLIANCE BERNSTEIN - 188 SHS P 2011-11-07 2013-01-23
ALLIANCE BERNSTEIN - 200 SHS P 2011-11-07 2013-01-23
ALLIANCE BERNSTEIN - 400 SHS P 2011-11-07 2013-01-23
ALLIANCE BERNSTEIN GLO BAL HIGH INCOME - 100 SHS P 2012-06-12 2013-01-23
ALLIANCE BERNSTEIN GLO BAL HIGH INCOME - 100 SHS P 2012-06-12 2013-01-23
ALLIANCE BERNSTEIN GLO BAL HIGH INCOME - 100 SHS P 2012-06-12 2013-01-23
ALLIANCE BERNSTEIN GLO BAL HIGH INCOME - 100 SHS P 2012-06-12 2013-01-23
ALLIANCE BERNSTEIN GLO BAL HIGH INCOME - 100 SHS P 2012-06-12 2013-01-23
ALLIANCE BERNSTEIN GLO BAL HIGH INCOME - 100 SHS P 2012-06-12 2013-01-23
ALLIANCE BERNSTEIN GLO BAL HIGH INCOME - 400 SHS P 2012-06-12 2013-01-23
ALLSTATE CORP COM FIRST IN FIRST OUT - 300 SHS P 2012-05-02 2013-07-22
AMERICAN EXPRESS COM PANY VERSUS PURCHASE - 200 SHS P 2012-01-03 2013-06-11
AMERICAN TOWER REIT COM FIRST IN - 100 SHS P 2011-07-07 2013-08-01
AMERICAN TOWER REIT COM FIRST IN - 400 SHS P 2010-10-13 2013-08-01
AMGEN INC COM FIRST IN FIRST OUT - 400 SHS P 2012-05-11 2013-01-17
APPLE INC COM FIRST IN FIRST OUT - 25 SHS P 2010-03-02 2013-01-24
APPLE INC COM FIRST IN FIRST OUT - 75 SHS P 2013-05-01 2013-06-21
APPLE INC COM FIRST IN FIRST OUT - 75 SHS P 2009-12-02 2013-01-24
ASHLAND INC NEW COM FIRST IN - 350 SHS P 2012-10-04 2013-02-21
CALPINE CORP COM NEW FIRST IN - 1,300 SHS P 2013-01-22 2013-02-26
CAMERON INTL CORP CO M FIRST IN FIRST OUT - 200 SHS P 2013-01-30 2013-09-03
CAMERON INTL CORP CO M FIRST IN FIRST OUT - 300 SHS P 2012-12-31 2013-09-03
DAVITA HEALTHCARE PA RTNERS INC FIRST IN FIRST OUT - 200 SHS P 2013-07-10 2013-11-06
DAVITA HEALTHCARE PA RTNERS INC FIRST IN FIRST OUT - 400 SHS P 2013-03-26 2013-11-08
DEERE & CO FIRST IN FIRST OUT - 100 SHS P 2012-09-13 2013-04-16
DEERE & CO FIRST IN FIRST OUT - 300 SHS P 2012-06-29 2013-04-16
EMC CORP CQM FIRST IN FIRST OUT - 500 SHS P 2009-11-30 2013-05-22
EMC CORP CQM FIRST IN FIRST OUT - 500 SHS P 2010-08-30 2013-05-22
FEI COMPANY COMMON VERSUS PURCHASE - 100 SHS P 2012-11-13 2013-09-05
FHLMC REMIC SERIES - 0 SHS P 2013-01-17 2013-03-31
FHLMC REMIC SERIES - 1,115 SHS P 2013-03-20 2013-08-15
FHLMC REMIC SERIES - 1,700 SHS P 2009-07-08 2013-08-15
FHLMC REMIC SERIES - 196 SHS P 2013-03-20 2013-12-15
FHLMC REMIC SERIES - 2,976 SHS P 2013-03-20 2013-06-15
FHLMC REMIC SERIES - 252 SHS P 2013-03-20 2013-11-15
FHLMC REMIC SERIES - 3,951 SHS P 2013-03-20 2013-05-15
FHLMC REMIC SERIES - 351 SHS P 2013-03-20 2013-04-15
FHLMC REMIC SERIES - 4,012 SHS P 2009-07-08 2013-09-15
FHLMC REMIC SERIES - 4,100 SHS P 2009-07-08 2013-10-15
FHLMC REMIC SERIES - 4,147 SHS P 2013-03-20 2013-07-15
FHLMC REMIC SERIES - 440 SHS P 2009-07-08 2013-01-15
FHLMC REMIC SERIES - 442 SHS P 2009-07-08 2013-02-15
FHLMC REMIC SERIES - 444 SHS P 2009-07-08 2013-03-15
FHLMC REMIC SERIES - 445 SHS P 2009-07-08 2013-04-15
FHLMC REMIC SERIES - 447 SHS P 2009-07-08 2013-05-15
FHLMC REMIC SERIES - 449 SHS P 2009-07-08 2013-06-15
FHLMC REMIC SERIES - 451 SHS P 2009-07-08 2013-07-15
FHLMC REMIC SERIES - 455 SHS P 2013-03-20 2013-09-15
FHLMC REMIC SERIES - 7,879 SHS P 2013-01-17 2013-05-15
FHLMC REMIC SERIES - 8,362 SHS P 2013-01-17 2013-03-15
FHLMC REMIC SERIES - 8,749 SHS P 2013-01-17 2013-04-15
FHLMC REMIC SERIES - 864 SHS P 2013-03-20 2013-10-15
FHLMC REMIC SERIES - 9,403 SHS P 2013-01-17 2013-06-15
FHLMC REMIC SERIES - 9,551 SHS P 2013-01-17 2013-02-15
FHLMC REMIC TRUST - 1,250 SHS P 2011-06-21 2013-04-15
FHLMC REMIC TRUST - 1,364 SHS P 2011-06-21 2013-03-15
FHLMC REMIC TRUST - 1,495 SHS P 2011-06-21 2013-02-15
FHLMC REMIC TRUST - 1,517 SHS P 2011-06-21 2013-01-15
FHLMC REMIC TRUST - 282 SHS P 2011-06-21 2013-12-15
FHLMC REMIC TRUST - 313 SHS P 2011-06-21 2013-10-15
FHLMC REMIC TRUST - 323 SHS P 2011-06-21 2013-11-15
FHLMC REMIC TRUST - 460 SHS P 2011-06-21 2013-09-15
FHLMC REMIC TRUST - 636 SHS P 2011-06-21 2013-08-15
FHLMC REMIC TRUST - 820 SHS P 2011-06-21 2013-05-15
FHLMC REMIC TRUST - 899 SHS P 2011-06-21 2013-07-15
FHLMC REMIC TRUST - 996 SHS P 2011-06-21 2013-06-15
FIDELITY - FIXED INCOME ACCOUNT P 2013-01-01 2013-12-31
FIRST HOUSTON CAPITAL P 2013-01-01 2013-12-31
FIRST HOUSTON CAPITAL P 2013-01-01 2013-12-31
FLIR SYSTEMS INC FIRST IN - 800 SHS P 2013-09-09 2013-10-15
FN 535996 7.50 06/01/31 - 131 SHS P 2007-01-18 2013-02-25
FN 535996 7.50 06/01/31 - 137 SHS P 2007-01-18 2013-09-25
FN 535996 7.50 06/01/31 - 24 SHS P 2007-01-18 2013-10-25
FN 535996 7.50 06/01/31 - 30 SHS P 2007-01-18 2013-12-25
FN 535996 7.50 06/01/31 - 33 SHS P 2007-01-18 2013-07-25
FN 535996 7.50 06/01/31 - 42 SHS P 2007-01-18 2013-08-25
FN 535996 7.50 06/01/31 - 59 SHS P 2007-01-18 2013-11-25
FN 535996 7.50 06/01/31 - 64 SHS P 2007-01-18 2013-01-25
FN 535996 7.50 06/01/31 - 69 SHS P 2007-01-18 2013-04-25
FN 535996 7.50 06/01/31 - 69 SHS P 2007-01-18 2013-05-25
FN 535996 7.50 06/01/31 - 78 SHS P 2007-01-18 2013-06-25
FN 535996 7.50 06/01/31 - 91 SHS P 2007-01-18 2013-03-25
FNMA PASS-THRU INT - 1,020 SHS P 2012-06-04 2013-06-25
FNMA PASS-THRU INT - 1,069 SHS P 2012-03-09 2013-05-25
FNMA PASS-THRU INT - 1,081 SHS P 2012-06-04 2013-05-25
FNMA PASS-THRU INT - 1,083 SHS P 2012-03-09 2013-02-25
FNMA PASS-THRU INT - 1,238 SHS P 2012-06-04 2013-02-25
FNMA PASS-THRU INT - 1,583 SHS P 2012-06-04 2013-01-25
FNMA PASS-THRU INT - 276 SHS P 2012-05-08 2013-12-25
FNMA PASS-THRU INT - 296 SHS P 2012-05-08 2013-11-25
FNMA PASS-THRU INT - 324 SHS P 2012-06-04 2013-11-25
FNMA PASS-THRU INT - 359 SHS P 2012-05-08 2013-09-25
FNMA PASS-THRU INT - 364 SHS P 2012-06-04 2013-10-25
FNMA PASS-THRU INT - 365 SHS P 2012-06-04 2013-12-25
FNMA PASS-THRU INT - 412 SHS P 2012-05-08 2013-10-25
FNMA PASS-THRU INT - 437 SHS P 2012-06-04 2013-09-25
FNMA PASS-THRU INT - 503 SHS P 2012-05-08 2013-08-25
FNMA PASS-THRU INT - 605 SHS P 2012-05-08 2013-07-25
FNMA PASS-THRU INT - 613 SHS P 2012-05-08 2013-05-25
FNMA PASS-THRU INT - 639 SHS P 2012-05-08 2013-04-25
FNMA PASS-THRU INT - 650 SHS P 2012-06-04 2013-08-25
FNMA PASS-THRU INT - 694 SHS P 2012-03-09 2013-03-25
FNMA PASS-THRU INT - 697 SHS P 2012-05-08 2013-06-25
FNMA PASS-THRU INT - 753 SHS P 2012-03-09 2013-08-25
FNMA PASS-THRU INT - 754 SHS P 2012-05-08 2013-03-25
FNMA PASS-THRU INT - 760 SHS P 2012-03-09 2013-10-25
FNMA PASS-THRU INT - 768 SHS P 2012-05-08 2013-02-25
FNMA PASS-THRU INT - 782 SHS P 2012-05-08 2013-01-25
FNMA PASS-THRU INT - 796 SHS P 2012-03-09 2013-07-25
FNMA PASS-THRU INT - 802 SHS P 2012-03-09 2013-12-25
FNMA PASS-THRU INT - 803 SHS P 2012-03-09 2013-09-25
FNMA PASS-THRU INT - 814 SHS P 2012-03-09 2013-06-25
FNMA PASS-THRU INT - 848 SHS P 2012-03-09 2013-04-25
FNMA PASS-THRU INT - 849 SHS P 2012-06-04 2013-07-25
FNMA PASS-THRU INT - 855 SHS P 2012-06-04 2013-04-25
FNMA PASS-THRU INT - 856 SHS P 2012-03-09 2013-11-25
FNMA PASS-THRU INT - 947 SHS P 2012-06-04 2013-03-25
FNMA PASS-THRU INT - 984 SHS P 2012-03-09 2013-01-25
FNMA REMIC TRUST - 0 SHS P 2013-03-20 2013-03-31
FNMA REMIC TRUST - 1,002 SHS P 2012-03-23 2013-09-25
FNMA REMIC TRUST - 1,254 SHS P 2012-03-23 2013-05-25
FNMA REMIC TRUST - 1,511 SHS P 2012-03-23 2013-07-25
FNMA REMIC TRUST - 1,534 SHS P 2012-03-14 2013-02-25
FNMA REMIC TRUST - 1,582 SHS P 2012-03-23 2013-03-25
FNMA REMIC TRUST - 1,600 SHS P 2012-03-14 2013-05-25
FNMA REMIC TRUST - 1,658 SHS P 2012-03-23 2013-08-25
FNMA REMIC TRUST - 1,668 SHS P 2012-03-14 2013-07-25
FNMA REMIC TRUST - 1,684 SHS P 2012-03-23 2013-06-25
FNMA REMIC TRUST - 1,765 SHS P 2012-03-14 2013-09-25
FNMA REMIC TRUST - 1,925 SHS P 2012-03-23 2013-02-25
FNMA REMIC TRUST - 1,972 SHS P 2012-03-14 2013-11-25
FNMA REMIC TRUST - 2,411 SHS P 2012-03-14 2013-01-25
FNMA REMIC TRUST - 2,484 SHS P 2012-03-23 2013-01-25
FNMA REMIC TRUST - 2,634 SHS P 2012-03-14 2013-06-25
FNMA REMIC TRUST - 2,680 SHS P 2012-03-14 2013-03-25
FNMA REMIC TRUST - 2,680 SHS P 2012-03-14 2013-04-25
FNMA REMIC TRUST - 263 SHS P 2012-03-23 2013-11-25
FNMA REMIC TRUST - 281 SHS P 2013-03-20 2013-11-25
FNMA REMIC TRUST - 309 SHS P 2013-03-20 2013-12-25
FNMA REMIC TRUST - 358 SHS P 2013-03-20 2013-04-25
FNMA REMIC TRUST - 370 SHS P 2013-03-20 2013-05-25
FNMA REMIC TRUST - 381 SHS P 2013-03-20 2013-06-25
FNMA REMIC TRUST - 392 SHS P 2013-03-20 2013-07-25
FNMA REMIC TRUST - 403 SHS P 2013-03-20 2013-08-25
FNMA REMIC TRUST - 424 SHS P 2013-03-20 2013-10-25
FNMA REMIC TRUST - 50,000 SHS P 2012-03-14 2013-03-12
FNMA REMIC TRUST - 516 SHS P 2012-03-23 2013-12-25
FNMA REMIC TRUST - 641 SHS P 2012-03-23 2013-10-25
FNMA REMIC TRUST - 681 SHS P 2012-03-14 2013-12-25
FNMA REMIC TRUST - 75,000 SHS P 2011-09-06 2013-10-02
FNMA REMIC TRUST - 885 SHS P 2012-03-23 2013-04-25
FNMA REMIC TRUST - 902 SHS P 2012-03-14 2013-10-25
FNMA RENHC TRUST - 414 SHS P 2013-03-20 2013-09-25
FNMAREMIC TRUST - 1,907 SHS P 2012-03-14 2013-08-25
FNR 2011-5 UE - 1,300 SHS P 2011-03-01 2013-03-25
FNR2011-5UE - 1,026 SHS P 2011-03-01 2013-06-25
FNR2011-5UE - 1,082 SHS P 2011-03-01 2013-12-25
FNR2011-5UE - 1,113 SHS P 2011-03-01 2013-07-25
FNR2011-5UE - 1,114 SHS P 2011-03-01 2013-11-25
FNR2011-5UE - 1,283 SHS P 2011-03-01 2013-08-25
FNR2011-5UE - 1,383 SHS P 2011-03-01 2013-04-25
FNR2011-5UE - 1,386 SHS P 2011-03-01 2013-01-25
FNR2011-5UE - 1,389 SHS P 2011-03-01 2013-05-25
FNR2011-5UE - 633 SHS P 2011-03-01 2013-10-25
FNR2011-5UE - 837 SHS P 2011-03-01 2013-09-25
FNR20I1-5UE - 1,481 SHS P 2011-03-01 2013-02-25
FROM K-1 PASS-THROUGH: ENTERPRISE PRODUCTS PTRS, LP ST P 2013-01-01 2013-12-31
FROM K-1 PASS-THROUGH: HAWKINS INVESTMENT PRTSHP, LP LT P 2013-01-01 2013-12-31
FROM K-1 PASS-THROUGH: HAWKINS INVESTMENT PRTSHP, LP ST P 2013-01-01 2013-12-31
FROM K-1 PASS-THROUGH: HAWKINS INVESTMENT PRTSHP, LP ST P 2013-01-01 2013-12-31
FROM K-1 PASS-THROUGH: PACIFIC STRATEGIC INV, LP LT P 2013-01-01 2013-12-31
FROM K-1 PASS-THROUGH: PACIFIC STRATEGIC INV, LP ST P 2013-01-01 2013-12-31
GAP INC FIRST IN FIRST OUT - 250 SHS P 2012-12-06 2013-09-05
GILEAD SCIENCES INC FIRST IN FIRST OUT - 200 SHS P 2013-02-14 2013-08-07
GNMA PASS-THRU X - 126 SHS P 2005-11-02 2013-12-15
GNMA PASS-THRU X - 155 SHS P 2005-11-02 2013-11-15
GNMA PASS-THRU X - 171 SHS P 2005-11-02 2013-10-15
GNMA PASS-THRU X - 236 SHS P 2005-11-02 2013-05-15
GNMA PASS-THRU X - 252 SHS P 2005-11-02 2013-09-15
GNMA PASS-THRU X - 254 SHS P 2005-11-02 2013-04-15
GNMA PASS-THRU X - 260 SHS P 2005-11-02 2013-01-15
GNMA PASS-THRU X - 264 SHS P 2005-11-02 2013-07-15
GNMA PASS-THRU X - 279 SHS P 2005-11-02 2013-08-15
GNMA PASS-THRU X - 298 SHS P 2005-11-02 2013-06-15
GNMA PASS-THRU X - 314 SHS P 2005-11-02 2013-03-15
GNMA PASS-THRU X - 320 SHS P 2005-11-02 2013-02-15
GNMA REMIC TRUST - 1,049 SHS P 2006-01-03 2013-02-16
GNMA REMIC TRUST - 2,507 SHS P 2006-01-03 2013-01-16
GNMA REMIC TRUST - 3,968 SHS P 2006-05-05 2013-01-16
GNMA REMIC TRUST - 613 SHS P 2006-05-05 2013-02-16
GNMA REMIC TRUST - 982 SHS P 2006-05-05 2013-03-16
HAMILTON CNTY TENN - 40,000 SHS P 2010-03-11 2013-04-11
HARRIS CNTY TEX - 40,000 SHS P 2012-11-14 2013-04-11
HOLLYFRONTIER CORP - 500 SHS P 2012-07-31 2013-04-03
INTEL CORP COM FIRST IN FIRST OUT - 1,000 SHS P 2011-04-08 2013-03-22
INTEL CORP COM FIRST IN FIRST OUT - 250 SHS P 2011-06-08 2013-03-22
INTERCONTINENTAL EXCHANGE- .840 SHS P 2013-08-22 2013-11-14
LIMITED BRANDS INC FIRST IN - 200 SHS P 2010-05-10 2013-03-07
LIMITED BRANDS INC FIRST IN - 400 SHS P 2010-05-06 2013-03-07
LIMITED BRANDS INC FIRST IN FIRST OUT - 200 SHS P 2012-06-18 2013-03-07
MAINE MUNBDBK - 50,000 SHS P 2010-10-12 2013-04-11
MASTR SEASONED SEC - 22 SHS P 2006-02-22 2013-08-25
MASTR SEASONED SEC - 22 SHS P 2006-02-22 2013-12-25
MASTR SEASONED SEC - 23 SHS P 2006-02-22 2013-09-25
MASTR SEASONED SEC - 23 SHS P 2006-02-22 2013-10-25
MASTR SEASONED SEC - 24 SHS P 2006-02-22 2013-02-25
MASTR SEASONED SEC - 24 SHS P 2006-02-22 2013-04-25
MASTR SEASONED SEC - 24 SHS P 2006-02-22 2013-05-25
MASTR SEASONED SEC - 24 SHS P 2006-02-22 2013-06-25
MASTR SEASONED SEC - 25 SHS P 2006-02-22 2013-01-25
MASTR SEASONED SEC - 372 SHS P 2006-02-22 2013-11-25
MASTR SEASONED SEC - 432 SHS P 2006-02-22 2013-03-25
MASTR SEASONED SEC - 518 SHS P 2006-02-22 2013-07-25
ML MTG INVESTORS - 1,739 SHS P 2005-06-16 2013-12-17
ML MTG INVESTORS - 136 SHS P 2005-06-16 2013-01-25
ML MTG INVESTORS - 14 SHS P 2005-06-16 2013-08-25
ML MTG INVESTORS - 5 SHS P 2005-06-16 2013-02-25
ML MTG INVESTORS - 5 SHS P 2005-06-16 2013-03-25
ML MTG INVESTORS - 5 SHS P 2005-06-16 2013-04-25
ML MTG INVESTORS - 5 SHS P 2005-06-16 2013-05-25
ML MTG INVESTORS - 5 SHS P 2005-06-16 2013-06-25
ML MTG INVESTORS - 5 SHS P 2005-06-16 2013-07-25
ML MTG INVESTORS - 5 SHS P 2005-06-16 2013-09-25
ML MTG INVESTORS - 5 SHS P 2005-06-16 2013-10-25
ML MTG INVESTORS - 5 SHS P 2005-06-16 2013-11-25
ML MTG INVESTORS - 5 SHS P 2005-06-16 2013-12-25
NEW YORK ST DORM - 50,000 SHS P 2011-08-03 2013-04-11
NORFOLK SOUTHERN COR P FIRST IN - 100 SHS P 2013-03-15 2013-08-14
NORFOLK SOUTHERN COR P FIRST IN - 300 SHS P 2013-01-24 2013-08-14
NYSE EURONEXT COM - 700 SHS P 2013-08-22 2013-11-14
QUAL COMM INC FIRST IN FIRST OUT - 100 SHS P 2011-10-24 2013-06-07
QUALCOMM INC FIRST IN FIRST OUT - 100 SHS P 2012-04-13 2013-06-07
QUANTA SVCS INC COM FIRST IN FIRST OUT - 900 SHS P 2013-04-02 2013-06-14
RAYTHEON CO COM NEW FIRST IN FIRST OUT - 100 SHS P 2012-10-12 2013-02-01
RAYTHEON CO COM NEW FIRST IN FIRST OUT - 400 SHS P 2012-06-18 2013-02-01
SNAP ON INCOM COM - 100 SHS P 2011-11-02 2013-08-26
SPDR BARCLAYS SHORT - 32 SHS P 2013-04-11 2013-11-05
TRAVELERS COS INC CO M FIRST IN FIRST OUT - 10 SHS P 2012-11-09 2013-06-20
TRAVELERS COS INC CO M FIRST IN FIRST OUT - 10 SHS P 2012-11-09 2013-06-20
TRAVELERS COS INC CO M FIRST IN FIRST OUT - 100 SHS P 2012-11-09 2013-06-20
TRAVELERS COS INC CO M FIRST IN FIRST OUT - 20 SHS P 2012-11-09 2013-06-20
TRAVELERS COS INC CO M FIRST IN FIRST OUT - 3 SHS P 2012-11-09 2013-06-20
TRAVELERS COS INC CO M FIRST IN FIRST OUT - 69 SHS P 2012-11-09 2013-06-20
TRAVELERS COS INC CO M FIRST IN FIRST OUT - 8 SHS P 2012-11-09 2013-06-20
UNITED RENTALS INC C OM FIRST IN FIRST OUT - 200 SHS P 2012-11-27 2013-12-24
UNITED STATES TREAS - 35,000 SHS P 2013-03-25 2013-04-11
UNITED STATES TREAS - 40,000 SHS P 2010-06-22 2013-04-11
UNIVERSITY OF - 3,000 SHS P 2013-01-24 2013-10-01
UNTTED STATES TREAS - 10,000 SHS P 2010-05-13 2013-04-11
VENTAS INC COM FIRST IN FIRST OUT - 157.320 SHS P 2011-05-23 2013-05-21
VENTAS INC COM FIRST IN FIRST OUT - 392.680 SHS P 2010-02-10 2013-06-21
(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 538     538
b 3,636   2,158 1,478
c 7,272   6,628 644
d 7,272   4,600 2,672
e 10,907   7,776 3,131
4,467   4,517 -50
4,467   2,340 2,127
8,933   4,988 3,945
13,400   8,432 4,968
1,668   1,442 226
1,668   1,442 226
200   173 27
3,135   2,710 425
3,335   2,883 452
6,671   5,767 904
1,668   1,484 184
1,668   1,484 184
1,668   1,484 184
1,668   1,484 184
1,668   1,484 184
1,668   1,484 184
6,671   5,935 736
15,632   9,893 5,739
15,466   9,752 5,714
7,162   5,389 1,773
28,650   20,315 8,335
33,609   28,358 5,251
11,315   5,252 6,063
30,702   32,812 -2,110
33,945   14,953 18,992
26,301   25,506 795
23,883   24,980 -1,097
11,553   12,330 -777
17,330   16,528 802
10,828   11,600 -772
21,656   23,664 -2,008
8,311   8,034 277
24,934   23,930 1,004
12,024   8,397 3,627
12,024   9,268 2,756
8,098   5,311 2,787
      0
1,115   1,118 -3
1,700   1,783 -83
196   196 0
2,976   2,984 -8
252   252 0
3,951   3,961 -10
351   352 -1
4,012   4,207 -195
4,100   4,300 -200
4,147   4,157 -10
440   461 -21
442   463 -21
444   465 -21
445   467 -22
447   469 -22
449   471 -22
451   473 -22
455   457 -2
7,879   7,889 -10
8,363   8,373 -10
8,749   8,760 -11
864   866 -2
9,403   9,415 -12
9,551   9,563 -12
1,250   1,300 -50
1,364   1,418 -54
1,495   1,554 -59
1,517   1,578 -61
282   293 -11
313   325 -12
323   336 -13
460   478 -18
636   661 -25
820   852 -32
899   935 -36
996   1,035 -39
      371
      10
      336
23,361   25,631 -2,270
131   134 -3
137   141 -4
24   25 -1
30   31 -1
33   34 -1
42   43 -1
59   61 -2
64   65 -1
69   71 -2
69   71 -2
78   81 -3
91   93 -2
1,020   1,080 -60
1,069   1,160 -91
1,081   1,144 -63
1,083   1,175 -92
1,238   1,310 -72
1,583   1,676 -93
276   292 -16
296   313 -17
324   343 -19
359   379 -20
364   385 -21
365   386 -21
412   435 -23
437   462 -25
503   531 -28
605   638 -33
613   647 -34
639   674 -35
650   688 -38
694   753 -59
697   735 -38
753   817 -64
754   796 -42
760   825 -65
768   810 -42
782   825 -43
796   864 -68
802   870 -68
803   872 -69
814   883 -69
848   920 -72
849   899 -50
855   905 -50
856   929 -73
947   1,003 -56
984   1,067 -83
      0
1,002   1,045 -43
1,254   1,307 -53
1,511   1,576 -65
1,534   1,567 -33
1,582   1,649 -67
1,600   1,635 -35
1,658   1,728 -70
1,668   1,704 -36
1,684   1,756 -72
1,765   1,803 -38
1,925   2,006 -81
1,972   2,014 -42
2,411   2,463 -52
2,484   2,590 -106
2,634   2,691 -57
2,680   2,738 -58
2,680   2,737 -57
263   274 -11
281   284 -3
309   312 -3
358   361 -3
370   373 -3
381   384 -3
392   396 -4
403   407 -4
424   428 -4
51,656   52,750 -1,094
516   538 -22
642   669 -27
681   696 -15
75,797   79,852 -4,055
885   922 -37
902   922 -20
414   418 -4
1,907   1,948 -41
1,300   1,306 -6
1,026   1,030 -4
1,082   1,087 -5
1,113   1,119 -6
1,114   1,119 -5
1,283   1,289 -6
1,383   1,390 -7
1,386   1,393 -7
1,389   1,396 -7
633   636 -3
837   841 -4
1,481   1,488 -7
      26
      24,666
      2,660
      1
      48,419
      -336
10,247   7,932 2,315
11,886   8,285 3,601
126   126 0
155   155 0
171   171 0
236   235 1
252   251 1
254   254 0
260   260 0
264   264 0
279   279 0
298   298 0
314   313 1
320   319 1
1,049   1,024 25
2,507   2,448 59
3,968   3,809 159
613   589 24
982   943 39
44,679   40,717 3,962
42,763   42,918 -155
23,645   18,710 4,935
21,159   20,199 960
5,290   5,459 -169
166   168 -2
8,998   5,257 3,741
17,995   10,276 7,719
8,998   8,492 506
51,037   50,091 946
23   23 0
22   22 0
23   23 0
23   23 0
24   24 0
24   24 0
24   24 0
24   24 0
25   25 0
372   373 -1
432   433 -1
518   519 -1
1,235   1,740 -505
136   136 0
14   14 0
5   5 0
5   5 0
5   5 0
5   5 0
5   5 0
5   5 0
5   5 0
5   5 0
5   5 0
5   5 0
51,640   51,372 268
7,382   7,521 -139
22,146   20,849 1,297
7,808   5,953 1,855
24,792   21,240 3,552
6,198   6,679 -481
23,714   24,910 -1,196
5,299   5,492 -193
21,196   21,801 -605
9,578   5,312 4,266
983   987 -4
799   681 118
799   682 117
7,993   6,815 1,178
15,987   13,637 2,350
240   204 36
5,515   4,704 811
639   545 94
15,393   8,125 7,268
36,403   36,393 10
41,592   40,109 1,483
3,000   3,157 -157
10,684   9,975 709
10,273   8,472 1,801
25,642   15,806 9,836
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       538
b       1,478
c       644
d       2,672
e       3,131
      -50
      2,127
      3,945
      4,968
      226
      226
      27
      425
      452
      904
      184
      184
      184
      184
      184
      184
      736
      5,739
      5,714
      1,773
      8,335
      5,251
      6,063
      -2,110
      18,992
      795
      -1,097
      -777
      802
      -772
      -2,008
      277
      1,004
      3,627
      2,756
      2,787
      0
      -3
      -83
      0
      -8
      0
      -10
      -1
      -195
      -200
      -10
      -21
      -21
      -21
      -22
      -22
      -22
      -22
      -2
      -10
      -10
      -11
      -2
      -12
      -12
      -50
      -54
      -59
      -61
      -11
      -12
      -13
      -18
      -25
      -32
      -36
      -39
      371
      10
      336
      -2,270
      -3
      -4
      -1
      -1
      -1
      -1
      -2
      -1
      -2
      -2
      -3
      -2
      -60
      -91
      -63
      -92
      -72
      -93
      -16
      -17
      -19
      -20
      -21
      -21
      -23
      -25
      -28
      -33
      -34
      -35
      -38
      -59
      -38
      -64
      -42
      -65
      -42
      -43
      -68
      -68
      -69
      -69
      -72
      -50
      -50
      -73
      -56
      -83
      0
      -43
      -53
      -65
      -33
      -67
      -35
      -70
      -36
      -72
      -38
      -81
      -42
      -52
      -106
      -57
      -58
      -57
      -11
      -3
      -3
      -3
      -3
      -3
      -4
      -4
      -4
      -1,094
      -22
      -27
      -15
      -4,055
      -37
      -20
      -4
      -41
      -6
      -4
      -5
      -6
      -5
      -6
      -7
      -7
      -7
      -3
      -4
      -7
      26
      24,666
      2,660
      1
      48,419
      -336
      2,315
      3,601
      0
      0
      0
      1
      1
      0
      0
      0
      0
      0
      1
      1
      25
      59
      159
      24
      39
      3,962
      -155
      4,935
      960
      -169
      -2
      3,741
      7,719
      506
      946
      0
      0
      0
      0
      0
      0
      0
      0
      0
      -1
      -1
      -1
      -505
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      268
      -139
      1,297
      1,855
      3,552
      -481
      -1,196
      -193
      -605
      4,266
      -4
      118
      117
      1,178
      2,350
      36
      811
      94
      7,268
      10
      1,483
      -157
      709
      1,801
      9,836
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 2 207,672
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  
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 268,785 5,173,013 0.051959
2011 238,000 5,309,193 0.044828
2010 215,184 3,621,353 0.059421
2009 260,883 4,344,797 0.060045
2008 248,052 5,247,961 0.047266
2 Total of line 1, column (d) ...................... 2 0.263519
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 0.052704
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 5,353,595
5 Multiply line 4 by line 3....................... 5 282,156
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,391
7 Add lines 5 and 6......................... 7 284,547
8 Enter qualifying distributions from Part XII, line 4.............. 8 136,000
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 4,782
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 4,782
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 4,782
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 1,639
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 9,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,639
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 7
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 5,850
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet5,850 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
 
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 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
     
    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 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 addressbulletN/A
    14
    The books are in care ofbulletF FOX BENTON III Telephone no.bullet (713) 680-8280
    Located atbullet8818 STABLE CREST BLVDHOUSTONTX ZIP+4bullet77024
    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
     
     
    .........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
     
     
    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
    F FOX BENTON III PRES & DIRECTOR
    1.00     		0 0 0
    8818 STABLE CREST BLVD
    HOUSTON,TX77024
    MONICA K BENTON SEC & DIRECTOR
    1.00     		0 0 0
    8818 STABLE CREST BLVD
    HOUSTON,TX77024
    LUCIA BENTON DIRECTOR
    1.00     		0 0 0
    4119 MONTROSE BLVD SUITE 450
    HOUSTON,TX77006
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    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
     
    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  
    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
    267,680
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    4,782
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,782
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    262,898
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    262,898
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    262,898
    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 7 262,898
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 110,790
    b Total for prior years:20, 20, 20 0
    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......... 0
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 136,000
    a Applied to 2012, but not more than line 2a 110,790
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 25,210
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 0 0
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		237,688
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		0
    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
     
    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
             
    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 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).)
    F FOX BENTON III
    MONICA K BENTON
    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
    HOUSTON ZOO
    6200 HERMANN PARK DRIVE
    HOUSTON,TX77030     		N/A 501(C)(3) CHARITABLE 136,000
    Total .................................bullet 3a 136,000
    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 28,457  
    4 Dividends and interest from securities....     14 82,638  
    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.....     15 26  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 207,672  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 318,793 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13318,793
    (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.)
    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

    TY 2013 AccountingFeesSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN: 20-2034030
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,114 5,114   0

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN: 20-2034030
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIXED INCOME ACCOUNT 994,381 936,114
    CASH ACCOUNT - BONDS 0 0

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN: 20-2034030
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MARKETABLE SECURITIES 1,399,862 1,746,665

    TY 2013 InvestmentsOtherSchedule2
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN: 20-2034030
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PACIFIC STRATEGIC INVESTORS (HEDGE FUND), LP AT COST 1,469,439 1,906,151
    HAWKINS INVESTMENT PARTNERSHIP, LP AT COST 546,153 584,799
    STONETOWN 3 HOLDINGS, LLLP AT COST 235,946 213,690

    TY 2013 OtherAssetsSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN: 20-2034030
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PTP SUSPENDED LOSSES 24,710 42,625 42,625


    TY 2013 OtherDecreasesSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN: 20-2034030
    Description Amount
    CHANGE IN UNREALIZED GAINS & LOSSES 16,402
    NON-DEDUCTIBLE EXPENSES 22


    TY 2013 OtherExpensesSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN: 20-2034030
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FROM K-1: PACIFIC STRATEGIC INVESTORS (HEDGE FUND), LP 21,489 21,489   0
    BANK FEES 11 11   0
    NET LOSSES FROM K-1 15,751 15,751   0
    FROM K-1: HAWKINS INVESTMENT PARTNERSHIP 1,229 1,229   0


    TY 2013 OtherIncomeSchedule2
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN: 20-2034030
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM K-1: KINDER MORGAN ENERGY PARTNERS 26 26 26


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN: 20-2034030
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 34,645 34,645   0


    TY 2013 TaxesSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN: 20-2034030
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES - FROM K-1S 883 883   0
    FOREIGN TAXES - FIRST HOUSTON CAPITAL 2012 29 29   0
    TAXES 2,000 0   0