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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 10-01-2018 , and ending 09-30-2019
Name of foundation
CHARLES & LOIS MARIE BRIGHT
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 635001
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NACOGDOCHES, TX759635001
A Employer identification number

75-2717755
B Telephone number (see instructions)

(936) 564-8378
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$31,344,374J 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.............
3 Interest on savings and temporary cash investments 904,565 900,312  
4 Dividends and interest from securities... 288,625 288,625  
5a Gross rents............ 629 629  
b Net rental income or (loss) 629
6a Net gain or (loss) from sale of assets not on line 10 11,449
b Gross sales price for all assets on line 6a 4,687,682
7 Capital gain net income (from Part IV, line 2)... 11,449
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).......      
12 Total. Add lines 1 through 11........ 1,205,268 1,201,015  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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 13,684 6,842   6,842
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,718 2,128   2,128
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 46,626 45,805   627
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 76,028 54,775   9,597
25 Contributions, gifts, grants paid....... 1,660,773 1,660,773
26 Total expenses and disbursements. Add lines 24 and 25 1,736,801 54,775   1,670,370
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -531,533
b Net investment income (if negative, enter -0-) 1,146,240
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 4,855,985 1,171,225 1,171,225
2 Savings and temporary cash investments.........      
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) bullet6,797,361
Less: allowance for doubtful accounts bullet   8,038,040 Click to see list of attachments6,797,361 6,797,361
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 159,449 Click to see attachment132,479 130,570
b Investments—corporate stock (attach schedule)....... 6,165,568 Click to see attachment9,129,676 13,483,659
c Investments—corporate bonds (attach schedule)....... 7,895,884 Click to see attachment8,665,953 8,693,384
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment688,486 676,429
14 Land, buildings, and equipment: basis bullet396,735
Less: accumulated depreciation (attach schedule) bullet   396,735 Click to see attachment396,735 388,110
15 Other assets (describe bullet) Click to see attachment5,423 Click to see attachment3,636 Click to see attachment3,636
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,517,084 26,985,551 31,344,374
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 1,413,600 1,274,686
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)......... 1,413,600 1,274,686
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 27,426,420 27,426,420
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds -1,322,936 -1,715,555
30 Total net assets or fund balances (see instructions)..... 26,103,484 25,710,865
31 Total liabilities and net assets/fund balances (see instructions). 27,517,084 26,985,551
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
26,103,484
2
Enter amount from Part I, line 27a .....................
2
-531,533
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
138,914
4
Add lines 1, 2, and 3 ..........................
4
25,710,865
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
25,710,865
Form 990-PF (2018)
Form 990-PF (2018)
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 LONG TERM CAPITAL GAIN P 2016-01-01 2018-12-31
b 248000 MIDLAND STATES P 2017-02-28 2019-03-01
c 245000 UNITED BANKERS BANK P 2018-12-17 2019-07-17
d 10000 NEW RIV VY REGL JAIL 4.5% P 2015-07-14 2018-10-01
e 248000 BMW BK N AMERICA P 2014-04-30 2019-03-18
245000 CITI BANK NA P 2018-12-17 2019-07-17
10000 NEW RIV VY REGL JAIL 4.75% P 2015-07-14 2018-10-01
249000 COMMONWEALTH BUS P 2017-03-31 2019-03-25
40000 ENNIS TX P 2018-08-31 2019-08-01
10000 ONALASKA WI P 2016-12-21 2018-10-01
45000 MORGAN STANLEY BK NA P 2017-10-31 2019-04-30
65000 MORGAN STANLEY PRIVATE BANK P 2017-07-31 2019-08-05
249000 JPMORGAN CHASE BK P 2016-10-11 2018-10-19
.3334 DOW INC P 2019-04-04 2019-04-12
245000 BMO HARRIS P 2019-01-30 2019-08-15
125000 GARLAND AR P 2017-11-30 2018-11-01
25000 TEXAS A&M UNIV REV P 2016-11-28 2019-05-15
200000 MORGAN STANLEY BANK NA P 2017-08-31 2019-08-19
230000 GRDN CTY KS P 2017-12-31 2018-11-01
180000 UMPQUA BK P 2017-05-31 2019-05-31
90000 S ST PAUL MN P 2017-02-28 2019-09-03
249000 MBANK P 2017-05-31 2018-11-30
235000 CEDAR RAPIDS IA P 2018-11-07 2019-06-03
25000 ASTRAZENECA P 2016-12-23 2019-09-18
248000 FNB OMAHA P 2017-06-30 2018-12-24
110000 CLIVE IA P 2017-03-31 2019-06-03
245000 BARCLAY BANK DEL P 2017-09-30 2019-09-20
25000 FHLMC MTN P 2017-11-30 2018-12-28
20000 EASTERN IA COMMUNITY COLLEGE P 2018-05-31 2019-06-03
245000 CUSTOMERS BANK P 2018-03-31 2019-09-30
25000 AUSTIN TX COMNTY COLLEGE P 2017-05-31 2019-02-01
25000 INDIANAPO IN P 2015-06-01 2019-06-03
25000 AUSTIN TX COMNTY COLLEGE P 2017-04-30 2019-02-01
.3333 COTEVA INC P 2019-06-18 2019-06-18
200000 WORLDS FOREMOST P 2017-02-28 2019-02-08
.3333 DUPONT DE NEMOURS INC P 2019-06-18 2019-06-18
20000 CYPRESS TX P 2016-12-08 2019-02-22
145000 PORTSMOUTH VA P 2017-04-30 2019-07-15
25000 FHLMC MTN P 2018-08-31 2019-02-25
25000 RBC SR BK NT P 2017-02-28 2019-07-22
(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 32,113     32,113
b 248,000   248,000  
c 247,041   245,000 2,041
d 10,000   10,495 -495
e 248,000   248,000  
247,475   245,000 2,475
10,000   10,515 -515
249,000   249,000  
40,000   40,147 -147
10,000   10,077 -77
45,000   45,000  
65,000   65,000  
249,000   249,000  
20   15 5
245,000   245,000  
125,000   124,694 306
25,000   25,818 -818
200,000   200,000  
230,000   232,146 -2,146
180,000   180,000  
90,000   92,960 -2,960
249,000   249,000  
235,000   234,217 783
25,000   25,000  
248,000   248,000  
110,000   113,450 -3,450
245,000   245,000  
25,000   24,901 99
20,000   19,846 154
245,000   245,000  
25,000   26,737 -1,737
25,000   25,431 -431
25,000   24,806 194
8   9 -1
200,000   200,000  
25   23 2
20,000   20,977 -977
145,000   158,050 -13,050
25,000   24,950 50
25,000   24,969 31
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       32,113
b        
c       2,041
d       -495
e        
      2,475
      -515
       
      -147
      -77
       
       
       
      5
       
      306
      -818
       
      -2,146
       
      -2,960
       
      783
       
       
      -3,450
       
      99
      154
       
      -1,737
      -431
      194
      -1
       
      2
      -977
      -13,050
      50
      31
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 11,449
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 3,368
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))
2017 1,527,843 30,487,094 0.050114
2016 1,373,681 29,673,719 0.046293
2015 1,098,558 28,459,123 0.038601
2014 1,020,632 27,839,524 0.036661
2013 217,491 24,264,377 0.008963
2
Total of line 1, column (d) .....................
2
0.180632
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.036126
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
30,858,357
5
Multiply line 4 by line 3......................
5
1,114,789
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
11,462
7
Add lines 5 and 6........................
7
1,126,251
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,670,370
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 11,462
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 11,462
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 11,462
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 11,800
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 11,800
8 Enter any penalty for underpayment of estimated tax. Check here 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 10 338
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet338 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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 2018 or the taxable year beginning in 2018? See the 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 (2018)
    Form 990-PF (2018)
    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 addressbulletN/A
    14
    The books are in care ofbulletWANDA RUSSELL Telephone no.bullet (936) 564-8378

    Located atbullet194 CR 2091NACOGDOCHESTX ZIP+4bullet75965
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    BILLY EARLEY DIRECTOR
    1.00     		0 0 0
    PO BOX 630786
    NACOGDOCHES,TX75963
    GREG WILLIAMS VICE PRESIDE
    1.00     		0 0 0
    PO BOX 630887
    NACOGDOCHES,TX75963
    C STANLEY JONES PRESIDENT
    1.00     		0 0 0
    PO BOX 631133
    NACOGDOCHES,TX75963
    JOHN MAST DIRECTOR
    1.00     		0 0 0
    PO BOX 635025
    NACOGDOCHES,TX75963
    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  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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 (2018)
    Form 990-PF (2018)
    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
    20,979,775
    b
    Average of monthly cash balances.......................
    1b
    2,528,303
    c
    Fair market value of all other assets (see instructions)................
    1c
    7,820,203
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,328,281
    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
    31,328,281
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    469,924
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    30,858,357
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,542,918
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,542,918
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    11,462
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,462
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,531,456
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,531,456
    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
    1,531,456
    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
    1,670,370
    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
    1,670,370
    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
    11,462
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,658,908
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,531,456
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,413,600
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,670,370
    a Applied to 2017, but not more than line 2a 1,413,600
    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 2018 distributable amount..... 256,770
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		1,274,686
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    BILLY EARLEY
    PO BOX 635001
    NACOGDOCHES,TX75963
    (936) 564-8378
    bThe form in which applications should be submitted and information and materials they should include:
    SEE STATEMENT FOR LINE 2A
    cAny submission deadlines:
    SEE STATEMENT FOR LINE 2A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE STATEMENT FOR LINE 2A
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    ANGELINA COLLEGE
    3500 SOUTH FIRST STREET
    LUFKIN,TX75904     		NONE PC SCHOLARSHIPS 1,000
    BRIDGES INTERNATIONAL
    12012 TECHNOLOGY BLVD
    102
    AUSTIN,TX78727     		NONE PC ANNUAL CRUSADE FOR CHRIST 10,000
    CAL FARLEY'S BOYS RANCH
    PO BOX 1890
    AMARILLO,TX79105     		NONE PC GENERAL OPERATIONS 10,000
    CHRISTIAN WOMEN'S JOB CORP
    902 SE STALLINGS DR STE 4
    NACOGDOCHES,TX75964     		NONE PC GENERAL OPERATIONS 24,500
    CITY OF NACOGDOCHES
    PO BOX 631402
    NACOGDOCHES,TX75963     		NONE PC PAINT LIGHT POLES & HANGING BASKETS 13,187
    CONCERNED BLACK MEN
    365 CIRCLE 301
    NACOGDOCHES,TX75961     		NONE PC GENERAL OPERATIONS 5,000
    FIRST CHRISTIAN CHURCH
    702 N MOUND STREET
    NACOGDOCHES,TX75961     		NONE PC GENERAL OPERATIONS 10,000
    JOHN S ROBERTS CHAPTER 443
    USD 1812
    216 E PILAR
    NACOGDOCHES,TX75961     		NONE PC HISTORICAL MARKER 1,775
    FRIENDS OF HISTORIC NACOGDOCHES
    PO BOX 630411
    NACOGDOCHES,TX75963     		NONE PC THE STORY TELLER'S STATUE 62,834
    GLORIA RUSSELL CHILDREN'S MINISTRY
    512 S 2ND ST
    LUFKIN,TX75901     		NONE PC GENERAL OPERATIONS 4,900
    GLORY GANG MINISTRIES
    PO BOX 630212
    NACOGDOCHES,TX75963     		NONE PC BACK PACK/SHOE MINISTRY 10,000
    GUIDING EYES FOR THE BLIND
    611 GRANITE SPRINGS ROAD
    YORKTOWN HEIGHTS,NY10598     		NONE PC GENERAL OPERATIONS 5,000
    HOUSTON BAPTIST UNIVERSITY
    7502 FONDREN RD
    HOUSTON,TX77074     		NONE PC SCHOLARSHIPS 5,278
    HUMANE SOCIETY OF NACOGDOCHES
    COUNTY
    PO BOX 631244
    NACOGDOCHES,TX75963     		NONE PC SPAY & NEUTER PROGRAM 50,000
    IMPACT
    4057 NORTH DAMEN AVE
    CHICAGO,IL60618     		NONE PC GENERAL OPERATIONS 10,000
    LOVE INC
    PO BOX 630423
    NACOGDOCHES,TX75963     		NONE PC GENERAL OPERATIONS 10,000
    MILLARD'S CROSSING
    PO BOX 643221
    NACOGDOCHES,TX75963     		NONE PC GENERAL OPERATIONS 50,000
    MILLARD'S CROSSING
    PO BOX 643221
    NACOGDOCHES,TX75963     		NONE PC FLEA MARKET RENOVATION 40,000
    MILLARD'S CROSSING
    PO BOX 643221
    NACOGDOCHES,TX75963     		NONE PC REBELLION BARN 71,873
    NAC FOSTER RESCUE
    1348 CR 770
    NACOGDOCHES,TX75964     		NONE PC GENERAL OPERATIONS 5,000
    NACOGDOCHES COUNTY CHAMBER
    OF COMMERCE
    2516 NORTH STREET
    NACOGDOCHES,TX75965     		NONE PC NOBLE SCHOLAR BANQUET 1,000
    NACOGDOCHES SENIOR CENTER
    621 HARRIS STREET
    NACOGDOCHES,TX75964     		NONE PC GENERAL OPERATIONS 10,000
    NACOGDOCHES SENIOR CENTER
    621 HARRIS STREET
    NACOGDOCHES,TX75964     		NONE PC PURCHASE OF VANS 50,000
    NACOGDOCHES TREATMENT CENTER
    119 HUGHES
    NACOGDOCHES,TX75961     		NONE PC GENERAL OPERATIONS 10,000
    PARK ADVOCACY LEAGUE OF NACOGDOCHES
    815 NORMA STREET
    NACOGDOCHES,TX75965     		NONE PC SPLASH PARK 25,000
    PANOLA COLLEGE
    1109 W PANOLA ST
    CARTHAGE,TX75633     		NONE PC SCHOLARSHIPS 8,668
    STEPHEN F AUSTIN STATE UNIVERSITY
    1936 NORTH STREET
    NACOGDOCHES,TX75962     		NONE PC SCHOLARSHIPS 76,633
    TEXAS A&M UNIVERSITY
    401 JOE ROUTT BLVD
    COLLEGE STATION,TX77843     		NONE PC SCHOLARSHIPS 11,000
    WOMENS SHELTER OF EAST TEXAS
    PO BOX 510
    LUFKIN,TX75902     		NONE   GENERAL OPERATIONS 10,000
    BOYS AND GIRLS CLUB OF DEEP EAST TX
    941 TOWER ROAD
    NACOGDOCHES,TX75961     		NONE PC SLATON SMITH MULTIPURPOSE FIELD 125,000
    BUCKNER INTERNATIONAL
    3402 DANIEL MCCALL DR
    LUFKIN,TX75904     		NONE PC CHILD ASSISTANCE PROGRAM 25,000
    CITY OF GARRISON
    330 SOUTH B AVE
    GARRISON,TX75946     		NONE PC GAZZEBO RESTORATION PROJECT 17,000
    CIVIL AIR PATROL
    553 TERRY CRAWFORD DR
    NACOGDOCHES,TX75964     		NONE PC GENERAL OPERATIONS 3,000
    COMMUNITY RX
    1401 S UNIVERSITY DR
    NACOGDOCHES,TX75961     		NONE PC GENERAL OPERATIONS 1,000
    EAST TEXAS FOOD BANK
    3201 ROBERTSON RD
    TYLER,TX75701     		NONE PC GENERAL OPERATIONS 5,000
    THE HELPING HOUSE
    401 HOUSTON ST
    NACOGDOCHES,TX75961     		NONE PC REPLACE PORCH DECKING 14,000
    NACOGDOCHES SENIOR CENTER
    621 HARRIS STREET
    NACOGDOCHES,TX75964     		NONE PC PURCHASE OF REAL PROPERTY & IMPROVEM 680,010
    NACOGDOCHES POLICE WIVES
    ASSOCIATION
    PO BOX 634141
    NACOGDOCHES,TX75963     		NONE PC GENERAL OPERATIONS 1,200
    NACOGDOCHES BOYS YOUTH BASEBALL
    ASSOCIATION
    PO BOX 630515
    NACODOCHES,TX75963     		NONE PC GENERAL OPERATIONS 50,000
    NACOGDOCHES COUNTY CHAMBER
    FOUNDATION
    2516 NORTH STREET
    NACOGDOCHES,TX75965     		NONE PC SHARON BROWN KEITH BOOK PROJECT 16,821
    WODEN VOLUNTEER FIRE DEPARTMENT
    200 COUNTY ROAD 412
    NACOGDOCHES,TX75961     		NONE PC GENERAL OPERATIONS 10,228
    NACOGDOCHES ISD POLICE DEPARTMENT
    420 S SHAWNEE ST
    NACOGDOCHES,TX75961     		NONE PC BODY WORN CAMERAS 8,870
    SAM HOUSTON STATE UNIVERSITY
    1806 AVENUE J
    HUNTSVILLE,TX77340     		NONE PC SCHOLARSHIPS 5,968
    SOUTHWESTERN ASSEMBLIES OF GOD
    UNIVERSITY
    1200 SYCAMORE ST
    WAXAHACHIE,TX75165     		NONE PC SCHOLARSHIPS 9,000
    TEXAS WOMAN'S UNIVERSITY
    304 ADMINISTRATION DR
    DENTON,TX76204     		NONE PC SCHOLARSHIPS 5,333
    COUNTY OF NACOGDOCHES
    101 W MAIN ST STE 140
    NACOGDOCHES,TX75961     		NONE PC NACOGDOCHES JUNIOR STEER SHOW 21,000
    NACOGDOCHES COUNTY CHAMBER
    FOUNDATION
    2516 NORTH STREET
    NACOGDOCHES,TX75965     		NONE PC GENERAL OPERATIONS 42,945
    COUNTY OF NACOGDOCHES
    101 W MAIN ST STE 140
    NACOGDOCHES,TX75961     		NONE PC LAW MEMORIALS 6,750
    COUNTY OF NACOGDOCHES
    101 W MAIN ST STE 140
    NACOGDOCHES,TX75961     		NONE PC SIGN AT EXPO CENTER 10,000
    Total .................................bullet 3a 1,660,773
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........     		    14 904,565  
    4 Dividends and interest from securities....     14 288,625  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     15 629  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 11,449  
    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)..   1,205,268  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,205,268
    (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 (2018)
    Form 990-PF (2018)
    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) (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) (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 (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    CHARLES & LOIS MARIE BRIGHT
     
    FOUNDATION
    EIN:
    75-2717755
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AXLEY & RODE, LLP 7,984 3,992   3,992
    HALLS, JOHNSON, MCLEMOUR & REDFI 5,700 2,850   2,850

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    CHARLES & LOIS MARIE BRIGHT
     
    FOUNDATION
    EIN:
    75-2717755
    Name of Bond End of Year Book Value End of Year Fair Market Value
    10000 TEXAS TECH UNIVERSITY 9,808 9,998
    100000 DAVENPORT IA 101,148 100,737
    100000 BAC MTN 100,000 100,000
    110000 AUSTIN TX 106,157 110,175
    110000 CLIVE IA    
    120000 CAPITAL ONE NA 120,000 119,969
    120000 CAPITAL ONE NA 120,000 121,191
    125000 CAPITAL ONE NA 125,000 125,269
    125000 GARLAND CNTY AR    
    125000 ORCHARD TX 136,969 130,795
    145000 KAUKAUNA WI 146,798 146,957
    145000 PORTSMOUTH VA RFDG    
    15000 CLEAR CREEK CO SCH DIST 15,333 15,025
    40000 MIDLOTHIAN TX 40,882 42,466
    15000 WALMART STORES INC 15,630 15,219
    150000 ARLINGTON TX 150,000 150,123
    180000 MORGAN STANLEY BANK 180,000 179,983
    180000 UMPQUA BANK    
    190000 IBERIABANK 190,000 190,769
    20000 EASTERN IA CMNTY CLLG    
    200000 EAGLE BANK 200,000 202,256
    200000 FORNEY TX RFDG SER A 204,394 202,696
    200000 MORGAN STANLEY BK    
    200000 WORLDS FOREMOST BANK    
    210000 BMO HARRIS BANK NA    
    230000 GARDEN CITY KS    
    245000 AMERICAN EXPRESS 245,000 248,426
    245000 ALLY BANK 245,000 246,069
    245000 BAR HARBOR B&T 245,000 245,503
    245000 BARCLAYS BANK DE    
    245000 CAP ONE BK 245,000 244,963
    245000 CITIBANK 245,000 246,298
    245000 CUSTOMERS BANK    
    245000 DISCOVER BANK 245,000 245,239
    245000 FIRST INTERNET BANK 245,000 248,384
    245000 FULTON BANK 245,000 247,429
    245000 GOLDMAN SACHS BANK 245,000 249,391
    245000 JPMORGAN CHASE 245,000 245,185
    245000 TOWNE BANK 245,000 247,520
    245000 UBS BK USA 245,000 246,721
    245000 WELLS FARGO 245,000 245,306
    245000 BMW BK N AMER 245,000 244,636
    245000 WEX BANK 245,000 247,371
    248000 FIRST NATL BANK    
    248000 MIDLAND STS BK    
    249000 COMWLTH BUSINESS BANK    
    249000 JP MORGAN CHASE BANK    
    249000 MBANK    
    25000 ASTRAZENECA PLC    
    25000 AUSTIN TX COMNTY CLLG    
    25000 AUSTIN TX ELEC UTIL    
    25000 CHEVRON CORP 24,972 25,007
    75000 COLORADO RVR TX MUN 77,059 76,432
    25000 DE PERE WI 24,145 25,054
    25000 FHLMC MTN    
    25000 GENERAL ELECTRIC CAP 27,279 25,705
    25000 INDIANAPOLIS IN LOC PUB    
    25000 KANSAS CITY MO SPL 26,236 25,698
    25000 ROYAL BANK CANADA    
    25000 TEXAS A&M REV    
    250000 ARLINGTON TX 250,000 252,498
    250000 HIGH PT NC 250,000 250,000
    250000 JPMORGAN CHASE & CO 250,752 250,006
    250000 WELLS FARGO & CO 254,283 251,186
    280000 AMARILLO TX 279,804 279,975
    30000 HOUSTON TX 29,701 30,138
    40000 ALLEN TX CMNTY DEV 38,710 40,386
    40000 ENNIS TX    
    45000 MORGAN STANLEY BK NA 45,000 45,429
    50000 ASHWUABENON WI 50,000 50,283
    50000 BROWN CNTY WI 52,577 50,094
    50000 CUYAHOGA CNTY OH 49,616 49,904
    50000 FNMA NOTE 48,486 49,785
    50000 ORCHARD TX 52,584 51,361
    50000 UNIVERSITY MA 49,643 50,018
    55000 IBERIABANK 55,000 55,302
    60000 MESA AZ UTIL SYS REV 62,349 60,652
    65000 MORGAN STANLEY PVT BK 65,000 65,199
    75000 BEAVER DAM WI 75,562 76,094
    75000 CEDARBURG WI 75,045 75,320
    75000 SAN ANTNI TX 75,000 79,899
    75000 UNIVERSITY OF NORTH TX 74,935 75,403
    80000 TX TECH UNIV 79,884 80,652
    85000 FRISCO TX 85,212 85,214
    90000 SOUTH ST PAUL MN TXBL    
    500000 BANK OF AMERICA CORP 500,000 498,621

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    CHARLES & LOIS MARIE BRIGHT
     
    FOUNDATION
    EIN:
    75-2717755
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 176,055 205,500
    ADOBE SYSTEMS INC 57,766 55,250
    AMAZON 198,190 685,684
    AMEREN CORP 75,102 160,100
    APPLE INC 219,069 472,577
    AT&T INC 50,138 56,760
    ATMOS ENERGY CORP 149,270 170,835
    AUTOMATIC DATA PROCESSING INC 66,192 64,568
    BECTON DICKINSON & CO 80,253 177,072
    BERKSHIRE HATHAWAY INC 538,892 728,070
    BOEING CO 392,393 656,311
    BRIGGS & STRATTON CORP 99,060 30,906
    BRISTOL-MYERS SQUIBB 180,932 162,272
    CATERPILLAR INC 96,345 202,096
    CHEVRON 9,407 23,720
    CLOROX COMPANY 192,075 239,955
    CONOCO PHILLIPS 238,658 267,236
    CORVETTA INC 28,355 28,924
    CULLEN FROST BANKERS 317,936 354,200
    DEERE & CO 132,370 269,888
    DOW INC 45,312 49,222
    DUPONT DE NEMOURS INC 70,429 73,663
    EXXON MOBIL 313,334 303,623
    FEDEX CORPORATION 302,971 272,944
    GENERAL DYNAMICS CORP 85,427 109,638
    GENUINE PARTS CO 171,878 201,670
    HERSHEY COMPANY 182,007 309,980
    INGERSOLL-RAND 15,950 49,284
    INTEL CORP 87,077 154,590
    INVESCO POWERSHARES 134,972 132,167
    JOHNSON & JOHNSON 252,162 298,738
    JP MORGAN CHASE & CO 157,785 294,225
    LOCKHEAD MARTIN COM 199,194 351,054
    LOWES 224,388 338,127
    MERCK & CO INC 19,549 28,116
    MICROSOFT CORP 194,233 514,411
    NORFOLK SOUTHERN CORP 227,465 409,625
    NUCOR CORP 197,569 198,549
    PFIZER INC 61,121 75,453
    PHILLIPS 66 301,700 374,272
    POLARIS INDUSTRIES INC 189,416 182,621
    RAYTHEON CO 202,208 343,333
    SHERWIN WILLIAMS CO 290,370 604,857
    SOUTHERN COMMON 171,217 216,195
    SOUTHWEST AIRLINES CO 112,564 118,822
    SPDR DOW JONES IA 19,976 14,838
    SPDR TR S&P 500 5,867  
    STARBUCKS CORP 171,254 265,260
    SYSCO CORP 211,480 347,375
    TEXAS INSTRUMENTS 172,765 348,948
    THE HOME DEPOT 14,548 92,808
    THE J M SMUCKER CO 245,799 253,046
    TORONTO DOMINION 110,810 145,650
    UNION PAC CORP 189,667 307,762
    UNITED PARCEL SERVICE 66,967 71,892
    UNITED TECH CORP 163,239 218,432
    WAL-MART STORES 248,548 400,545

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    CHARLES & LOIS MARIE BRIGHT
     
    FOUNDATION
    EIN:
    75-2717755
    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:


    132,479
    State & Local Government Securities - End of Year Fair Market Value:


    130,570


    TY 2018 InvestmentsOtherSchedule2
    Name:
    CHARLES & LOIS MARIE BRIGHT
     
    FOUNDATION
    EIN:
    75-2717755
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VANUGARD EQUITY INCOME AT COST 546,486 530,902
    BARCLAYS BANK CD 3.05% AT COST 142,000 145,527

    TY 2018 LandEtcSchedule2
    Name:
    CHARLES & LOIS MARIE BRIGHT
     
    FOUNDATION
    EIN:
    75-2717755
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    NACOGDOCHES COUNTY 396,735   396,735 388,110


    TY 2018 OtherAssetsSchedule
    Name:
    CHARLES & LOIS MARIE BRIGHT
     
    FOUNDATION
    EIN:
    75-2717755
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST RECEIVABLE 272 388 388
    MINERAL INTEREST 2,910 2,910 2,910
    PREPAID TAXES 2,241 338 338


    TY 2018 OtherExpensesSchedule
    Name:
    CHARLES & LOIS MARIE BRIGHT
     
    FOUNDATION
    EIN:
    75-2717755
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    PROPERTY INSURANCE 996 498   498
    OFFICE EXPENSE 258 129   129
    INVESTMENT FEES 45,372 45,372    
    ALLOCATE EXPENSES TO T/E INCO   -194    


    TY 2018 OtherIncreasesSchedule
    Name:
    CHARLES & LOIS MARIE BRIGHT
     
    FOUNDATION
    EIN:
    75-2717755
    Description Amount
    DECREASE IN GRANTS PAYABLE 138,914


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

    TY 2018 OtherNotesLoansRcvblLongSch
    Name:
    CHARLES & LOIS MARIE BRIGHT
     
    FOUNDATION
    EIN:
    75-2717755

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    BRIGHT COOP INC   12,500,000 6,797,361 2014-01 2024-01   9.00 %        

    TY 2018 OtherNotesLoansRcvblShortSch2
    Name:
    CHARLES & LOIS MARIE BRIGHT
     
    FOUNDATION
    EIN:
    75-2717755
    Name of 501(c)(3) Organization Balance Due
    NR-LOANS
          		 


    TY 2018 TaxesSchedule
    Name:
    CHARLES & LOIS MARIE BRIGHT
     
    FOUNDATION
    EIN:
    75-2717755
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 4,256 2,128   2,128
    EXCISE TAX 11,462