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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
THE ALICE KLEBERG REYNOLDS MEYER FO
FOUNDATION FROST NATIONAL BANK TR
Number and street (or P.O. box number if mail is not delivered to street address)FROST NATION BANK TRUSTEE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AUSTIN, TX787681221
A Employer identification number

74-2847652
B Telephone number (see instructions)

(514) 473-4804
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$28,179,592J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 283,087 283,087  
4 Dividends and interest from securities... 390,665 390,665  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 114,483
b Gross sales price for all assets on line 6a 4,852,613
7 Capital gain net income (from Part IV, line 2)... 114,483
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 330 330  
12 Total. Add lines 1 through 11........ 788,565 788,565  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 102,004 102,004    
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 4,950 4,950    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 32,103 5,243    
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 2,058 2,058    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 141,115 114,255   0
25 Contributions, gifts, grants paid....... 1,440,000 1,440,000
26 Total expenses and disbursements. Add lines 24 and 25 1,581,115 114,255   1,440,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -792,550
b Net investment income (if negative, enter -0-) 674,310
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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 Savings and temporary cash investments......... 754,330 1,332,364 1,332,364
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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) 494,507 Click to see attachment200,000 200,794
b Investments—corporate stock (attach schedule)....... 13,118,927 Click to see attachment12,626,559 19,592,243
c Investments—corporate bonds (attach schedule)....... 7,942,243 Click to see attachment7,358,534 7,054,191
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,310,007 21,517,457 28,179,592
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
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 22,310,007 21,517,457
30 Total net assets or fund balances (see instructions)..... 22,310,007 21,517,457
31 Total liabilities and net assets/fund balances (see instructions). 22,310,007 21,517,457
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
22,310,007
2
Enter amount from Part I, line 27a .....................
2
-792,550
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
21,517,457
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
21,517,457
Form 990-PF (2015)
Form 990-PF (2015)
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 2,400 SH COVIDIEN PLC P 2011-12-07 2015-01-26
b 1,101 SH KRAFT FOODS GROUP INC P 2013-10-01 2015-06-04
c 1,000 SH BB&T CORP P 2011-10-27 2015-09-15
d 1,032 SH NORFOLK SOUTHERN CORP P 2009-09-11 2015-09-15
e 250,000 PV JPMOGAN CHASE & CO 3.7% P 2011-08-02 2015-01-20
5,034 SH VAN ECK GLOBAL HARD ASSETS P 2012-06-08 2015-06-04
864 SH CONOCOPHILLIPS P 2006-02-06 2015-09-15
500 SH TOTAL S A SPONSORED ADR P 2012-09-19 2015-09-15
0.4 SH MEDTRONIC PLC P 2015-01-26 2015-02-27
4,133.904 SH VIRTUS SMALL-CAP CORE F P 2013-10-01 2015-06-04
300 SH DOW CHEMICAL CO P 2009-12-22 2015-09-15
600 SH SPECTRA ENERGY CORP P 2009-09-11 2015-09-15
1,800 SH DISCOVERY COMMUNICATIONS IN P 2013-12-19 2015-03-26
3,000 SH WASTE CONNECTIONS INC P 2013-10-01 2015-06-17
300 SH DUKE ENERGY HOLDING CORP P 2007-06-13 2015-09-15
1,000 SH EOG RESOURCES INC P 2014-08-21 2015-10-05
1,800 SH DISOVERY COMMUNICATIONS CL P 2013-12-19 2015-03-26
300 SH WASTE CONNECTIONS INC P 2014-05-29 2005-06-17
190 SH DU PONT E I DE NEMOURS & CO P 2003-10-23 2015-09-15
2,135 SH SPECTRA ENERGY CORP P 2009-09-11 2015-10-05
5,100 SH E M C CORP P 2013-10-01 2015-03-26
38 SH CHEMOURS CO P 2003-10-23 2015-08-03
85 SH DU PONT E I DE NEMOURS & CO P 2007-06-11 2015-09-15
2,065 SH SPECTRA ENERGY CORP P 2009-12-22 2015-10-05
250,000 PV DU PONT E I DE NEMOUR 4.7 P 2011-07-05 2015-03-15
17 SH CHEMOURS CO P 2007-06-11 2015-08-03
200 SH EOG RESOURCES INC P 2014-08-21 2015-09-15
1,500 SH TOTAL S A SPONSORED ADR P 2012-09-19 2015-10-05
300,000 PV FEDERAL HOME LN STEP 0.55 P 2013-07-23 2015-03-20
100 SH CHEMOURS P 2008-03-05 2015-08-03
9,900 SH ERICSSON AMERICAN DEPOSITAR P 2013-12-19 2015-09-15
160,000 PV KAYNE ANDERSON FLT 1.4884 P 2014-01-31 2015-10-26
250,000 PV GENERAL ELEC CAP MTN 4. P 2005-06-20 2015-03-04
100 SH CHEMOURS CO P 2009-01-12 2015-08-03
2,100 SH HSBC HOLDINGS PLC P 2013-12-19 2015-09-15
250,000 PV LOWES COS INC 5% 10/15/15 P 2011-09-16 2015-10-15
633 SH AMERICAN EXPRESS CO P 2007-06-04 2015-06-04
26.6 SH CHEMOURS CO P 2009-09-01 2015-08-03
6,084 SH INVESCO DEV MARKETS FUND IN P 2012-09-19 2015-09-15
300,000 PV AMERICAN EXPRESS 0.875% P 2013-07-11 2015-11-13
517.6696 SH DUKE ENERGY HOLDING CORP P 2007-06-04 2015-06-04
293.4 SH CHEMOURS CO P 2009-12-22 2015-08-03
250 SH MONSANTO CO P 2006-07-28 2015-09-15
140,000 PV KAYNE ANDERSON FLT 1.4884 P 2014-01-31 2015-10-30
82.3304 SH DUKE ENERGY HOLDING CORP P 2007-06-13 2015-06-04
780 SH BAIDU INC P 2014-05-29 2015-09-15
970 SH MONSANTO CO P 2006-08-11 2015-09-15
300,000 PV KINDER MORGAN ENERGY 4.15 P 2014-06-04 2015-12-04
0.7563 SH GOOGLE INC CL C P 2007-06-04 2015-06-03
829 SH BAKER HUGHES INC P 2003-09-24 2015-09-15
280 SH MONSANTO CO P 2006-10-17 2015-09-15
2,700 SH HALLIBURTON CO P 2014-05-28 2015-06-04
171 SH BAKER HUGHES INC P 2009-09-01 2015-09-15
345 SH MONSANTO CO P 2009-12-22 2015-09-15
999 SH KRAFT FOODS GROUP INC P 2011-09-09 2015-06-04
1,500 SH BAXTER INTERNATIONAL INC P 2014-05-29 2015-09-15
506 SH MONSANTO CO P 2010-11-04 2015-09-15
(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 256,800   97,226 159,574
b 92,270   58,341 33,929
c 36,962   24,080 12,882
d 82,631   51,280 31,351
e 250,000   263,375 -13,375
209,112   204,934 4,178
40,834   41,596 -762
23,218   26,630 -3,412
31   30 1
107,730   100,289 7,441
13,068   8,106 4,962
16,620   11,508 5,112
55,515   78,713 -23,198
145,131   137,833 7,298
20,625   16,749 3,876
79,879   106,844 -26,965
53,333   77,362 -24,029
14,513   13,533 980
9,179   7,178 2,001
61,850   40,949 20,901
131,584   131,271 313
416   364 52
4,106   4,112 -6
59,822   42,309 17,513
250,000   275,930 -25,930
186   454 -268
15,376   21,369 -5,993
72,224   79,890 -7,666
300,000   300,000  
1,096   1,145 -49
95,336   116,720 -21,384
163,200   162,712 488
250,000   253,845 -3,845
1,096   606 490
82,214   112,305 -30,091
250,000   283,585 -33,585
50,468   41,196 9,272
292   205 87
150,640   199,920 -49,280
300,000   300,192 -192
38,567   30,244 8,323
3,215   2,321 894
22,645   10,861 11,784
142,800   140,118 2,682
6,134   4,597 1,537
110,648   131,607 -20,959
87,862   44,049 43,813
253,725   308,043 -54,318
408   191 217
44,178   25,436 18,742
25,362   12,463 12,899
121,553   171,531 -49,978
9,113   5,946 3,167
31,250   28,096 3,154
83,722   36,407 47,315
54,359   60,310 -5,951
45,833   31,224 14,609
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       159,574
b       33,929
c       12,882
d       31,351
e       -13,375
      4,178
      -762
      -3,412
      1
      7,441
      4,962
      5,112
      -23,198
      7,298
      3,876
      -26,965
      -24,029
      980
      2,001
      20,901
      313
      52
      -6
      17,513
      -25,930
      -268
      -5,993
      -7,666
       
      -49
      -21,384
      488
      -3,845
      490
      -30,091
      -33,585
      9,272
      87
      -49,280
      -192
      8,323
      894
      11,784
      2,682
      1,537
      -20,959
      43,813
      -54,318
      217
      18,742
      12,899
      -49,978
      3,167
      3,154
      47,315
      -5,951
      14,609
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 2 114,483
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 3 981
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 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))
2014 1,329,000 28,937,410 0.045927
2013 1,209,000 27,264,759 0.044343
2012 1,253,549 24,505,522 0.051154
2011 1,172,500 25,360,173 0.046234
2010 1,073,500 23,857,687 0.044996
2
Total of line 1, column (d) .....................
20.232654
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
0.046531
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
28,778,621
5
Multiply line 4 by line 3......................
5
1,339,098
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
6,743
7
Add lines 5 and 6........................
7
1,345,841
8
Enter qualifying distributions from Part XII, line 4.............
8
1,440,000
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 6,743
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 6,743
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,743
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 27,040
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 27,040
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 20,297
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet6,760 RefundedBullet 11 13,537
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 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
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see 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 2015 or the taxable year beginning in 2015 (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
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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.AKRFOUNDATION.ORG
    14
    The books are in care ofbulletFROST NATIIONAL BANK Telephone no.bullet (512) 473-4804

    Located atbullet401 CONGRESS AVENUEAUSTINTX ZIP+4bullet78701
    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 2015, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    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 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 2015?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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 4945(d)(4)(A)? (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 (2015)
    Form 990-PF (2015)
    Page 7
    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
    FROST NATIONAL BANK
    JANICE TORGESON     		TRUSTEE
    4.00     		102,004 0 0
    P O BOX 2127
    AUSTIN,TX78768
    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  
    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.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    27,723,195
    b
    Average of monthly cash balances.......................
    1b
    1,493,679
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    29,216,874
    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
    29,216,874
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    438,253
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    28,778,621
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,438,931
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,438,931
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    6,743
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,743
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,432,188
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,432,188
    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
    1,432,188
    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
    1,440,000
    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
    1,440,000
    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
    6,743
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,433,257
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 1,432,188
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 1,417,144
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,440,000
    a Applied to 2014, but not more than line 2a 1,417,144
    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 2015 distributable amount..... 22,856
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015.    
    (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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		1,409,332
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    FROST NATIONAL BK
    C/O J TORGESON
    401 CONGRESS AVE
    AUSTIN,TX78701
    (512) 473-4804
    JTORGESON@FROSTBANK.COM
    bThe form in which applications should be submitted and information and materials they should include:
    1) THE REQUEST FOR THE GRANT SHOULD BE RECEIVED ON THE ORGANIZATIONS LETTERHEAD AND SIGNED BY A MEMBER OF THEIR BOARD OF DIRECTORS OR AN OFFICER OF THE ORGANIZATION. 2) THE LETTER SHOULD CONTAIN THE FOLLOWING INFORMATION: A) SPECIFIC INFORMATION RELATED TO THE DESIRED USE OF THE GRANT. B) A COPY OF THE ORGANIZATIONS EXEMPTION LETTER FROM INTERNAL REVENUE SERVICE, INCLUDING THE LAST 2 YEARS' 990 TAX RETURNS.
    cAny submission deadlines:
    SEPTEMBER 15TH OF EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE RESTRICTED TO ORGANIZATIONS WHOSE CHARITABLE PURPOSES SHALL BE LIMITED TO AND SHALL INCLUDE ONLY MEDICAL, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES AND THE ARTS, WITHIN THE MEANING OF THOSE TERMS AS HAVE BEEN DETERMINED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, BUT ONLY SUCH PURPOSES AS ALSO CONSTITUTE PUBLIC CHARITABLE PURPOSES UNDER THE LAW OF TRUSTS OF THE STATE OF TEXAS. GRANTS ARE FURTHER RESTRICTED TO THOSE ABOVE MENTIONED ORGANIZATIONS THAT WILL USE THE DISTRIBUTION EXCLUSIVELY WITHIN SPECIFIED SOUTH TEXAS COUNTIES.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    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
    ACCESS ESPERANZA CLINICS INC
    916 EAST HACKBERRY ST
    MCALLEN,TX78501     		N/A PUBLIC TEEN CONNECTIONS PROJECT 15,000
    ALLISON ORR DANCE INC
    DBA FORKLIFT DANCEWORKS
    2023 CESAR CHAVEZ
    AUSTIN,TX78702     		N/A PUBLIC RE SOURCE 15,000
    ASSISTHERS INC
    P O BOX 541095
    HOUSTON,TX77254     		N/A PUBLIC FOOD ASSISTANCE PROGRAM 7,500
    AUSTIN CHILDREN'S SHELTER
    4800 MANOR RD
    AUSTIN,TX78723     		N/A PUBLIC TENN PARENT PROGRAM 2,000
    AUSTIN ED FUND
    1111 W 6TH ST STE C-150
    AUSTIN,TX78703     		N/A PUBLIC AISDS READING AND FEELINGS 5,000
    AUSTIN EXPLORE INC
    2121 E CESAR CHAVEZ ST
    AUSTIN,TX78702     		N/A PUBLIC PROGRAMS FOR UNDERSERVED YOUTH 14,750
    AUSTIN EXPLORE INC
    2121 E CESAR CHAVEZ ST
    AUSTIN,TX78702     		N/A PUBLIC GIRLS' EXPLORE PROGRAM 10,000
    AUSTIN FILM FESTIVAL INC
    1801 SALINA STREET
    AUSTIN,TX78702     		N/A PUBLIC FILM FESTIVAL AWARDS LUNCHEON 35,000
    AUSTIN GROUPS OF THE ELDERLY
    DBA AGE OF CENTRAL TEXAS
    3710 CEDAR ST BOX 2
    AUSTIN,TX78705     		N/A PUBLIC EARLY-STAGE MEMORY LOSS 5,000
    AUSTIN PUBLIC LIBRARY
    FOUNDATION
    P O BOX 13201
    AUSTIN,TX78711     		N/A PUBLIC GENERAL OPERATING SUPPORT 15,000
    AUSTIN SHAKESPEARE
    81 SAN MARCOS ST STE C
    AUSTIN,TX78702     		N/A PUBLIC AUSTIN'S LGBT YOUTH COMMUNITY 5,000
    BALLET AUSTIN
    501 W 3RD ST
    AUSTIN,TX78701     		N/A PUBLIC SEASON OF INNOCENCE 5,000
    BIG BROTHERS BIG SISTERS OF SOUTH
    TEXAS INC
    202 BALTIMORE AVE
    SAN ANTONIO,TX78215     		N/A PUBLIC LGBTTQ PARTICIPANT PROJECT 5,000
    BIHL HAUS ARTS INC
    P O BOX 100806
    SAN ANTONIO,TX78201     		N/A PUBLIC GO ARTS 2,000
    BROWNSVILLE MUSEUM OF FINE ART INC
    660 E RINGGOLD ST
    BROWNSVILLE,TX78520     		N/A PUBLIC GASPAR ENRIQUEZ EXHIBITION 5,000
    BUGLE BOY FOUNDATION
    1051 N JEFFERSON
    LA GRANGE,TX78945     		N/A PUBLIC FEMALE ARTIST PROGRAM 5,000
    CAMPUS CRUSADE FOR CHRIST
    CRUAUSTIN
    8213-A SHOAL CREEK BLVD
    STE 202
    AUSTIN,TX78757     		N/A PUBLIC CAMPUS CRUSADE FOR CHRIST 10,000
    CANDLELIGHT RANCH
    P O BOX 26367
    AUSTIN,TX78755     		N/A PUBLIC CHILDREN & NATURE PROGRAMS 10,000
    CAPITAL OF TEXAS PUBLIC
    TELECOMMUNICATIONS COUNCIL
    P O BOX 7158
    AUSTIN,TX78713     		N/A PUBLIC KLRU - TV COMPREHENSIVE REQUEST 31,000
    CASA MARIANELLA
    821 GUNTER STREET
    AUSTIN,TX78702     		N/A PUBLIC IMMIGRATION LEGAL SERVICES 7,500
    CASA OF KLEBERG COUNTY
    635 E KING STE 110
    KINGSVILLE,TX78363     		N/A PUBLIC BRUSH COUNTRY CASA 7,500
    CENTER FOR WOMEN & THEIR WORK
    1710 LAVACA
    AUSTIN,TX78701     		N/A PUBLIC NEW EXHIBITION/PERFORMANCE SEASON 10,000
    CENTRO CULTURAL AZTLAN
    1800 FREDERICKSBURG RD
    STE 103
    SAN ANTONIO,TX78201     		N/A PUBLIC LAS MUJERES DE AZTLAN 30,000
    CHILDREN'S ADVOCACY CENTER OF THE
    COASTAL BEND
    502 MCCLENDON STREET
    CORPUS CHRISTI,TX78404     		N/A PUBLIC STRENGTHENING FAMILIES 7,000
    CONSPIRARE INC
    505 EAST HUNTLAND DR
    STE 155
    AUSTIN,TX78752     		N/A PUBLIC CONSIDERING MATTHEW SHEPARD 15,000
    COOPERATION TEXAS
    5555 N LAMAR BLVD
    STE K-101
    AUSTIN,TX78751     		N/A PUBLIC OUR TACO HOUSE COOPERATIVE 7,500
    DIVERSEWORKS ARTSPACE
    4102 FANNIN STE 200
    HOUSTON,TX77004     		N/A PUBLIC TAISHA PAGGETT 7,250
    EASTSIDE YOUTH SERVICES AND
    STREET OUTREACH
    P O BOX 1415
    AUSTIN,TX78767     		N/A PUBLIC STADIUM TRACK REPAIR 10,000
    ESPERANZA PEACE & JUSTICE
    CENTER
    922 SAN PEDRO AVENUE
    SAN ANTONIO,TX78212     		N/A PUBLIC MUJER ARTES WOMEN'S CLAY COOPERATIVE 30,000
    ESPERANZA PEACE & JUSTICE
    CENTER
    922 SAN PEDRO AVENUE
    SAN ANTONIO,TX78212     		N/A PUBLIC DOMESTIC WORKERS UNITED TRAINING 25,000
    FAMILY SERVICE ASSOCIATION OF
    SAN ANTONIO INC
    702 SAN PEDRO AVE
    SAN ANTONIO,TX78212     		N/A PUBLIC COUNSELING FOR WOMEN IN RURAL CO 5,000
    FUERZA UNIDA
    710 NEW LAREDO HWY
    SAN ANTONIO,TX78211     		N/A PUBLIC GENERAL OPERATIONS 30,000
    GAZELLE FOUNDATION
    P O BOX 1487
    AUSTIN,TX787671487     		N/A PUBLIC AUSTIN OPERATIONS/RUN FOR THE WATER 30,000
    GEMINI INC
    513 S PRESA
    SAN ANTONIO,TX78205     		N/A PUBLIC GEMINI INK OPERATIONS 5,000
    GIRL SCOUTS OF CENTRAL TEXAS
    12012 PARK THIRTY-FIVE
    CIRCLE
    AUSTIN,TX78753     		N/A PUBLIC GIRL SCOUTS BEYOND BARS 10,000
    GIRL SCOUTS OF GREATER SOUTH TEXAS
    2410 BEVECREST
    CORPUS CHRISTI,TX78415     		N/A PUBLIC CAMP GREENHILL 7,000
    GIRL SCOUTS OF SOUTHWEST TEXAS
    811 N COKER LOOP
    SAN ANTONIO,TX78216     		N/A PUBLIC GIRL GENIUM TUTORING PROGRAM 5,000
    GIRLS EMPOWERMENT NETWORK
    P O BOX 3122
    AUSTIN,TX78764     		N/A PUBLIC ANTI-BULLYING PROGRAM FOR GIRLS 10,000
    GRASSROOTS LEADERSHIP INC
    2301 E CESAR CHAVEZ
    AUSTIN,TX78702     		N/A PUBLIC YOUTH RISE TX - YOUTH ORGANIZING 5,000
    GREATER AUSTIN CRIME COMMISSION
    221 WEST 6TH ST
    STE 310
    AUSTIN,TX78701     		N/A PUBLIC GENERAL OPERATIONS 10,000
    GREATER EDWARDS SQUIFER ALLIANCE
    P O BOX 15618
    SAN ANTONIO,TX78212     		N/A PUBLIC GEAA TECHNICAL ASSISTANCE PROGRAM 5,000
    HEALING HARTWORK
    2722 GREEN RANGE
    SAN ANTONIO,TX78231     		N/A PUBLIC BREAST CANCER SCREENING LOW INC WOMN 7,500
    HEALTHY FUTURES OF TEXAS
    2300 W COMMERCE ST
    STE 203/204
    SAN ANTONIO,TX78207     		N/A PUBLIC FAMILIES TALKING TOGETHER 7,500
    HELPING HAND HOME FOR CHILDREN
    3804 AVENUE B
    AUSTIN,TX78751     		N/A PUBLIC CHAMPIONS FOR CHILDREN AWARDS LUNCH 5,000
    HILL COUNTRY CONSERVANCY
    P O BOX 163125
    AUSTIN,TX78716     		N/A PUBLIC THE VIOLET CROWN TRAIL 25,000
    HILL COUNTRY LAND TRUST
    P O BOX 1724
    FREDERICKSBURG,TX78624     		N/A PUBLIC TX HILL COUNTRY LAND CONSERVATION 5,000
    HONOR FLIGHT AUSTIN
    815 A-BRAZOS ST
    UPS BOX 498
    AUSTIN,TX78701     		N/A PUBLIC OPERATING FUNDS 10,000
    HOUSTON AREA WOMEN'S CENTER
    1010 WAUGH DRIVE
    HOUSTON,TX770193902     		N/A PUBLIC CHILDREN'S COURT SERVICES 10,000
    HOUSTON CENTER OF PHOTOGRAPHY
    1441 WEST ALABAMA
    HOUSTON,TX77006     		N/A PUBLIC GIRLS' OWN STORIES 5,000
    I LIVE HERE I GIVE HERE
    1050 E 11TH ST STE 250
    AUSTIN,TX78702     		N/A PUBLIC GENERAL OPERATIONS 2,500
    JEREMIAH PROGRAM
    P O BOX 50590
    AUSTIN,TX78763     		N/A PUBLIC ENDING POVERTY 5,000
    JUMP-START PERFORMANCE CO
    710 FREDERICKSBURG RD
    SAN ANTONIO,TX78201     		N/A PUBLIC JUMP-START AT LARGE 7,000
    JUMP-START PERFORMANCE CO
    710 FREDERICKSBURG RD
    SAN ANTONIO,TX78201     		N/A PUBLIC GIRL PROJECT AT JAPHET ELEMENTARY 7,000
    LAND HERITAGE INSTITUTE
    114 EAST CEVALLOS
    SAN ANTONIO,TX78204     		N/A PUBLIC FAMILIES REUNIONS 10,000
    LA PENA
    227 CONGRESS
    AUSTIN,TX78701     		N/A PUBLIC LATINO ARTS AT LA PENA 35,000
    LA POSADA PROVIDENCIA
    30094 MARYDALE ROAD
    SAN BENITO,TX78586     		N/A PUBLIC OPERATING FUND 4,500
    LESBIAN HEALTH INITIATIVE
    OF HOUSTIN INC
    401 BRANARD ST
    HOUSTON,TX77006     		N/A PUBLIC LHI CAPACITY BUILDING PROJECT 15,000
    MARTINEZ STREET WOMEN'S
    CENTER
    1510 S HACKBERRY
    SAN ANTONIO,TX78210     		N/A PUBLIC GIRL ZONE PROGRAMS 30,000
    MIGRANT CLINICIANS NETWORK
    P O BOX 164285
    AUSTIN,TX78716     		N/A PUBLIC WOMEN'S LEADERSHIP CONFERENCE 5,000
    MONTROSE COUNSELING
    CENTER INC
    401 BRANARD ST
    HOUSTON,TX77006     		N/A PUBLIC WOMEN'S SERVICES 10,000
    NOW CASTSA
    600 SOLEDAD 6TH FLOOR
    SAN ANTONIO,TX78205     		N/A PUBLIC QUALITY NEWS COVERAGE WOMEN'S/LGBT 10,000
    OUT YOUTH
    909 E 49TH 1/2 STREET
    AUSTIN,TX78751     		N/A PUBLIC 25TH ANNIVERSARY SPONSORSHIP 2,500
    PEASE PARK CONSERVANCE
    3001 NORTH LAMAR STE 305
    AUSTIN,TX78705     		N/A PUBLIC IMPLEMENTATION OF PEASE PARK MASTER 5,000
    PEOPLE'S COMMUNITY CLINIC
    2909 N IH 35
    AUSTIN,TX787222304     		N/A PUBLIC BUILDING A HEALTHY COMMUNITY 20,000
    PEOPLE'S COMMUNICY CLINIC
    2909 N IH 35
    AUSTIN,TX78722     		N/A PUBLIC EXPANSION PROJECT 30,000
    PLANNED PARENTHOOD GULF COAST INC
    4600 GULF FREEWAY
    HOUSTON,TX77023     		N/A PUBLIC EXPAND FAMILY PLANNING SERVICES 10,000
    PLANNED PARENTHOOD GULF COAST INC
    4600 GULF FREEWAY
    HOUSTON,TX77023     		N/A PUBLIC IMPLEMENT COMMUNICATIONS STRATEGY 10,000
    PLANNED PARENTHOOD OF
    GREATER TEXAS
    7424 GREENVILLE AVE
    STE 206
    DALLAS,TX75231     		N/A PUBLIC GENERAL OPERATIONS 50,000
    PLANNED PARENTHOOD OF SOUTH
    TEXAS
    104 BABCOCK ROAD
    SAN ANTONIO,TX78201     		N/A PUBLIC WOMEN'S HEALTH CARE LOWER RIO GRANDE 20,000
    PLANNED PARENTHOOD OF SOUTH
    TEXAS
    104 BABCOCK ROAD
    SAN ANTONIO,TX78201     		N/A PUBLIC DIAGNOSTIC LAB EQUIPMENT 30,000
    RED SALMON ARTS
    4926 E CESAR CHAVEZ ST
    UNIT C1
    AUSTIN,TX78702     		N/A PUBLIC EARTH TRADITIONAL MEDICINE SEMINARS 15,000
    RED SALMON ARTS
    4926 E CESAR CHAVEZ ST
    UNIT C1
    AUSTIN,TX78702     		N/A PUBLIC TX PEACE & DIGNIGY JOURNEYS 10,000
    ROY LOZANO'S BALLET FOLKLORICO DE
    TEXAS
    1928-C GASTON PLACE DR
    AUSTIN,TX78723     		N/A PUBLIC GENERAL OPERATIONS 4,000
    RURAL ECONOMIC ASSISTANCE LEAGUE
    INC
    301 LUCERO ST
    ALICE,TX78332     		N/A PUBLIC TRIP FOR SALUD Y VIDA 5,000
    SAHELI
    P O BOX 16254
    AUSTIN,TX78761     		N/A PUBLIC LEGAL SERVICES PROGRAM 2,500
    SAN ANTO CULTURAL ARTS
    2120 EL PASO
    SAN ANTONIO,TX78207     		N/A PUBLIC MUJERISTA COMMUNITY MURAL 5,000
    SONGWRITING WITH SOLDIERS
    BARTON OAKS PLAZA BLDG II
    901 S MOPAC EXPY STE 225
    AUSTIN,TX78746     		N/A PUBLIC GENERAL OPERATIONS 1,000
    SPECIAL FORCES CHARITABLE TRUST
    P O BOX 53
    ESSEX,CT06426     		N/A PUBLIC GREAT AMERICANS SHOOT 179,000
    ST EDWARD'S UNIVERSITY
    3001 S CONGRESS AVE
    AUSTIN,TX78704     		N/A PUBLIC COLLEGE ASSISTANCE MIGRANT PROGRAM 10,000
    TAHIRIH JUSTICE CENTER
    1717 ST JAMES PLACE
    STE 450
    HOUSTON,TX77056     		N/A PUBLIC PROTECTING IMMIGRANT WOMEN/CHILDREN 5,000
    TARAL EDUCATION FUND
    P O BOX 684602
    AUSTIN,TX78768     		N/A PUBLIC SOUTH TEXAS ENGAGEMENT PROJECT 2,500
    TEXAS ADVOCACY PROJECT
    INC
    1524 S IH 35 BOX 19
    AUSTIN,TX78704     		N/A PUBLIC ACCESS TO ATTORNEYS 8,500
    TEXAS CAMPAIGN TO PREVENT TEEN
    PREGNANCY
    5614 DELWOOD DR
    AUSTIN,TX78723     		N/A PUBLIC TEEN PREGNANCY PREVENTION 4,500
    TEXAS EDUCATION BROADCASTING
    CO-OPERATIVE INC
    P O BOX 2116
    AUSTIN,TX78768     		N/A PUBLIC OUTCAST RADIO PROGRAM 7,750
    TEXAS FOLKLIFE
    1708 HOUSTON ST
    AUSTIN,TX78756     		N/A PUBLIC THE BIG SQUEEZE 2016 2,000
    TEXAS FREEDOM NETWORK
    EDUCATION FUND
    P O BOX 1624
    AUSTIN,TX78767     		N/A PUBLIC PROMOTING EQUALITY/RELIGIOUS FREEDOM 20,000
    TEXAS LOW INCOME HOUSING
    INFORMATION SERVICE
    1800 WEST SIXTH STREET
    AUSTIN,TX78703     		N/A PUBLIC OPERATING FUND 5,000
    THE ANN RICHARDS SCHOOL FOUNDATION
    P O BOX 41072
    AUSTIN,TX78704     		N/A PUBLIC GENERAL OPERATIONS 20,000
    THE ANN RICHARDS SCHOOL FOUNDATION
    P O BOX 41072
    AUSTIN,TX78704     		N/A PUBLIC REACH FOR THE STARS SCHOOL BENEFIT 25,000
    THE CONTEMPORARY AUSTIN MUSEUM INC
    3809 W 35TH STREET
    AUSTIN,TX78703     		N/A PUBLIC LAGUNA GLORIA STEWARDSHIP PROGRAM 25,500
    THE MINISTRY OF CHALLENGE
    1500 EAST 12TH ST
    AUSTIN,TX78702     		N/A PUBLIC MOC REPAIRS/RENOVATIONS/OPERATIONS 15,000
    THE TEXAS DEMOCRACY FOUNDATION
    DBA THE TEXAS OBSERVER
    307 W 7TH ST
    AUSTIN,TX78701     		N/A PUBLIC 2015 MOLLY NATIONAL JOURNALISM PROGR 5,000
    THE TEXAS TRIBUNE
    823 CONGRESS AVE
    STE 1400
    AUSTIN,TX78701     		N/A PUBLIC GENERAL OPERATING SUPPORT 15,000
    THE UNIVERISTY OF TEXAS AT AUSTIN
    P O BOX 7458
    AUSTIN,TX78713     		N/A PUBLIC BLANTON MUSEUM OF ART 10,000
    THE UNIVERISTY OF TEXAS AT AUSTIN
    P O BOX 7458
    AUSTIN,TX78713     		N/A PUBLIC CENTER FOR WOMEN'S/GENDER STUDIES 5,000
    THE UNIVERSITY OF TEXAS SYSTEM
    210 WEST 5TH ST
    STE 1200
    AUSTIN,TX78701     		N/A PUBLIC GENERAL SUPPORT 10,000
    TOWN LAKE TRAIL FOUNDATION
    DBA THE TRAIL
    P O BOX 5195
    AUSTIN,TX78763     		N/A PUBLIC CYPRESS CIRCLE 3,000
    TRAVIS CTNY DOMESTIC VIOLENCE &
    SEXUAL ASSAULT SURVIVAL CENTER
    1515 A GROVE BLVD
    AUSTIN,TX78741     		N/A PUBLIC SURVIVOR ADVOCACY PROGRAM 20,000
    UMLAUF SCULPTURE GARDEN & MUSEUM
    605 ROBERT E LEE RD
    AUSTIN,TX78704     		N/A PUBLIC OPERATING FUND 10,000
    VALLEY NATURE CENTER
    301 S BORDER AVE
    WESLACO,TX78596     		N/A PUBLIC ENVIRONMENTAL EDUCATION PROGRAMS 7,500
    VISITATION HOSPITALITY HOUSE OF
    SAN ANTONIO
    945 W HUISACHE
    SAN ANTONIO,TX78201     		N/A PUBLIC WOMEN'S LEARNING CENTER 5,000
    WALLER CREEK CONSERVANCY
    P O BOX 12363
    AUSTIN,TX78711     		N/A PUBLIC GENERAL SUPPORT 23,750
    WOMEN'S SHELTER OF SOUTH
    TEXAS
    P O BOX 3368
    CORPUS CHRISTI,TX78463     		N/A PUBLIC SEXUAL ASSAULT SERVICES 11,000
    WONDERS & WORRIES INC
    9101 BURNET ROAD STE 107
    AUSTIN,TX78758     		N/A PUBLIC OPERATING SUPPORT 43,000
    WORKERS DEFENSE PROJECT
    5406 MANOR ROAD
    AUSTIN,TX78723     		N/A PUBLIC WOMEN IN ACTION 10,000
    ZACHARY SCOTT THEATER CENTER
    1510 TOOMEY ROAD
    AUSTIN,TX78704     		N/A PUBLIC OPERATING FUND 15,000
    Total .................................bullet 3a 1,440,000
    bApproved for future payment
    HILL COUNTRY CONSERVANCY
    P O BOX 163125
    AUSTIN,TX78716     		N/A PUBLIC THE VIOLET CROWN TRAIL 75,000
    Total .................................bullet 3b 75,000
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    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 ...........     		    14 283,087  
    4 Dividends and interest from securities....     14 390,665  
    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.....     14 330  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    14 114,483  
    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)..   788,565  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13788,565
    (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 (2015)
    Form 990-PF (2015)
    Page 13
    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 organizations?
    Yes
    No
    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) 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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER FO
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 4,950 4,950    

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER FO
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    Name of Bond End of Year Book Value End of Year Fair Market Value
    300,000 PV AMERICAN EXPRESS CENTRURI    
    BANK 0.875% DUE 11/13/15    
    250,000 AMGEN INC 2.3% DUE 06/15/16 249,678 251,438
    250,000 PV ASSOC CORP 6.95% 11/01/18 301,570 282,235
    250,000 PV BANK OF AMER CORP    
    FLOATING RATE DUE 10/14/16 238,657 249,195
    200,000 PV BOEING CAPITAL CORP 218,381 219,428
    300,000 PV CAPITAL ONE FINANCIAL COR 301,441 300,549
    250,000 PV CISCO SYSTEMS INC 5.5% 287,140 251,595
    300,000 PV CONOCOPHILLIPS 4.75%    
    300,000 PV CORNING INC 342,292 336,846
    250,000 PV DU PONT E I DE NEMOURS    
    4.75% DUE 03/15/15    
    250,000 PV GENERAL ELECTRIC CAPITAL    
    300,000 PV GOLDMAN SACHS GROUP INC 327,036 300,315
    250,000 PV HEWLETT PACKARD CO 4.75%    
    250,000 PV IBM CORP 5.7% 294,687 268,145
    250,000 PV JP MORGAN CHASE & CO 3.7%    
    DUE 01/20/15    
    200,000 PV JPMORGAN CHASE & CO 203,642 199,348
    300,000 PV KAYNE ANDERSON MLP INV    
    300,000 PV KINDER MORGAN ENERGY PART    
    250,000 PV LOWES COMPANIES INC 5%    
    300,000 PV LOWES COMPANIES INC 305,207 304,587
    300,000 PV MERCK & CO INC FLOATING R 300,312 300,225
    250,000 PV MERRILL LYNCH & CO 6.875% 299,365 275,815
    300,000 PV MORGAN STANLEY SERIES GMT 339,012 333,786
    300,000 PV NORDSTROM INC 6.25% 346,395 325,629
    250,000 PV OCCIDENTAL PETROLEUM CORP    
    1.75% DUE 02/15/17 250,929 250,500
    250,000 PV ORACLE CORP 5.25% 289,260 250,368
    300,000 PV RABOBANK NEDERLAND UTRECH 317,057 316,614
    300,000 PV SHELL INTL FINANCE BV 328,836 319,740
    300,000 PV STATOIL ASA 285,912 280,614
    250,000 PV TARGET CORP 5.375% 293,155 263,927
    300,000 PV TOTAL CAPITAL INTERNATION 307,876 298,845
    300,000 PV TOYOTA MOTOR CREDIT CORP 295,209 299,118
    300,000 PV WACHOVIA CORP 5.75% 342,975 324,027
    250,000 PV WAL MART STORES INC    
    1.625% DUE 04/15/14    
    250,000 PV WYETH 5.5% DUE 02/15/16 292,510 251,302

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER FO
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2,400 SH ABBVIE INC 130,293 142,176
    275 SH ALPHABET INC CL A 69,919 213,953
    275 ALPHABET INC CL C 69,911 208,692
    600 SH AMAZON.COM INC 176,615 405,534
    3,000 SH AMERICAN EXPRESS CO 175,310 208,650
    3,900 SH AMERICAN INTL GROUP INC 157,892 241,683
    2,619 SH AMGEN INC 144,763 425,142
    1,700 SH ANADARKO PETROLEUM 123,588 82,586
    4,473 SH APPLE INC 38,565 470,828
    4,782 SH AT & T INC 128,322 164,549
    3,101 SH AUTOMATIC DATA PROCESSING 120,452 262,717
    780 SH BAIDU INC    
    2,000 SH BAKER HUGHES INC 75,675 92,300
    13,000 SH BAXTER INC 106,699 117,090
    3,000 SH BB&T CORP 72,240 113,430
    900 SH BECTON DICKINSON & CO 123,777 138,681
    600 SH BIOGEN IDEC INC 124,554 183,810
    450 SH BLACKROCK INC 80,100 153,234
    1,200 SH BOEING CO 110,130 173,508
    4,000 SH BORGWARNER INC 67,367 172,920
    2,600 SH BRISTOL-MYERS SQUIBB CO 131,514 178,854
    4,800 SH BROADRIDGE FINANCIAL SOLUTI 109,697 257,904
    1,050 SH CANADIAN PACIFIC RAILWAY LT 131,862 133,980
    2,400 SH CAPITAL ONE FIANANCIAL CORP 161,427 173,232
    2,600 SH CARDINAL HEALTH INC 109,484 232,102
    2,400 SH CARNIVAL CORP PAIRED CTF 1 124,462 130,752
    2,253 SH CATERPILLAR INC 145,768 153,114
    45,042.203 SH CAUSEWAY INTRNL VALUE 739,099 634,194
    1,500 SH CHEVRON CORP 83,946 134,940
    330 SH CHIPOTLE MEXICAN GRILL INC 113,890 158,351
    4,800 SH CISCO SYSTEM INC 117,696 130,344
    5,602 SH COGNIZANT TECH SOLUTIONS    
    CLASS A 71,026 336,232
    2,700 SH COLGATE-PALMOLIVE CO 91,327 179,874
    2,100 SH CONOCOPHILLIPS 82,307 98,049
    9,000 SH CORNING INC 130,139 164,520
    1,200 SH COSTCO WHOLESALE CORP 141,971 193,800
    2,400 SH COVIDIEN PLC    
    3,600 SH CVS HEALTH CORP 117,415 351,972
    1,800 SH DISCOVERY COMMUNICATIONS IN    
    1,800 SH DISCOVERY COMMUNICATIONS A    
    4,643 SH DISNEY (WALT) CO HOLDING CO 106,061 487,886
    3,000 SH DOW CHEMICAL CO 85,098 154,440
    2,700 SH DU PONT E I DE NEMOURS & CO 89,055 179,820
    1,500 SH DUKE ENERGY CORP 80,303 107,085
    2,100 SH EATON CORP PLC 134,209 109,284
    5,100 SH E M C CORP MASSACHUSETTS    
    3,298 SH EMERSON ELEC CO 116,470 157,743
    1,200 SH EOG RESOURCES INC    
    9,900 SH ERICSSON AMERICAN DEPOSITAR    
    1,800 SH EXXON MOBIL CORP 108,983 140,310
    2,700 SH FACEBOOK INC 142,095 282,582
    3,000 SH FNF GROUP TRACKING STOCK 109,468 104,010
    275 SH GOOGLE INC CL A    
    275 SH GOOGLE INC CL C    
    2,700 SH HALLIBURTON CO    
    3,900 SH HOME DEPOT INC 116,796 515,775
    2,000 SH HONEYWELL INTERNATIONAL INC 96,560 207,140
    2,100 SH HSBC HOLDINGS PLC    
    8,683 SH INTEL CORP 191,774 299,129
    300 SH INTUITIVE SURGICAL INC 30,616 163,848
    6,084 SH INVESCO DEV MARKETS FUN    
    3,990 SH ISHARES COHEN & STEERS REAL 334,999 395,968
    2,500 SH JOHNSON & JOHNSON 140,734 256,800
    3,670 SH JPMORGAN CHASE & CO 149,836 242,330
    2,824 SH KELLOGG CO 146,191 204,090
    2,100 SH KRAFT FOODS GROUP INC    
    40,565.328 SH LAZARD INTL EQTY PORT 734,547 692,856
    2,300 SH LINCOLN ELECTRIC HOLDINGS I 85,547 119,347
    2,400 SH LULULEMON ATHLETICA INC 111,170 125,928
    1,200 SH MASTERCARD INC CL A 110,874 116,832
    3,600 SH MAXIM INTEGRATED PRODUCTS I 124,002 136,800
    2,294 SH MEDTRONIC PLC 172,314 176,455
    2,400 SH METLIFE INC 121,488 115,704
    5,179 SH MICROSOFT CORP 146,476 287,331
    2,351 SH MONSANTO CO    
    4,200 SH NIELSEN HOLDINGS 139,868 195,720
    1,800 SH NIKE INC CL B 112,552 112,500
    1,800 SH NORFOLK SOUTHERN CORP 90,280 152,262
    2,770 SH NOVARTIS AG ADR 155,088 238,331
    1,600 SH OCCIDENTAL PETROLEUM CORP 125,279 108,176
    2,100 SH PEPSICO INC 102,858 209,832
    8,568 SH PFIZER INC 195,731 276,575
    99 SH PRICELINE.COM INC 117,914 126,220
    1,800 SH PROCTER & GAMBLE CO 82,838 142,938
    2,550 SH SALESFORCE.COM INC 137,616 199,920
    2,352 SH SCHLUMBERGER LIMITED 165,980 164,052
    4,800 SH SCHWAB CHARLES CORP 123,068 158,064
    3,300 SH SOUTHWEST AIRLINES CO 124,437 142,098
    4,800 SH SPECTRA ENERGY CORP    
    1,800 SH SPLUNK INC 108,177 105,858
    10,800 SH STARBUCKS CORP 133,052 648,324
    1,800 SH TARGET CORP 148,175 130,698
    2,100 SH THE HERSHEY COMPANY 86,547 187,467
    2,000 SH TOTAL S.A. SPONSORED ADR    
    3,000 SH TRAVELERS COMPANIES INC 136,334 338,580
    8,076 SH T ROWE PRICE INTL DISC 314,947 435,700
    2,400 SH UNITED CONTINENTAL HLDGS IN 151,368 137,520
    1,500 SH VALERO ENERGY CORP 92,951 106,065
    5,034 SH VAN ECK GLOBAL HARD    
    4,730.622 SH VANGUARD SMALL-CAP GROW 193,104 202,139
    4,800 SH VERIZON COMMUNICATIONS 149,278 221,856
    2,997.776 SH VICTORY SMALL CO OPP FD 121,290 107,470
    4,133.904 SH VIRTUS SMALL-CAP CORE F    
    7,088 SH VISA INC CL A 148,592 549,675
    2,804 SH WAL MART STORES INC 134,984 171,885
    3,300 SH WASTE CONNECTIONS INC    
    3,600 SH WELLS FARGO & CO 153,072 195,696
    800 SH WHIRLPOOL CORP 133,007 117,496
    1,800 SH WORKDAY INC CL A 149,517 143,424
    3,600 SH ZOETIS INC 113,787 172,512

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER FO
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

     
    State & Local Government Securities - End of Year Book Value:


    200,000
    State & Local Government Securities - End of Year Fair Market Value:


    200,794


    TY 2015 OtherExpensesSchedule
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER FO
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    WEBSITE EXPENSE 960 960    
    MISCELLANEOUS EXPENSE 348 348    
    SUBSCRIPTIONS 750 750    


    TY 2015 OtherIncomeSchedule2
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER FO
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PROCEEDS OF LITIGATION 330 330  


    TY 2015 TaxesSchedule
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER FO
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 5,243 5,243    
    EXCISE TAX - 2015 ESTIMATE PAYME 26,860