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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
CH FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)6102 82ND STREET 8A
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LUBBOCK, TX79424
A Employer identification number

75-1534816
B Telephone number (see instructions)

(806) 792-0448
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$230,235,791J 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 21,391 21,391  
4 Dividends and interest from securities... 3,233,105 3,233,105  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,785,413
b Gross sales price for all assets on line 6a 49,570,083
7 Capital gain net income (from Part IV, line 2)... 1,785,413
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 3,406,391 3,406,391  
12 Total. Add lines 1 through 11........ 8,446,300 8,446,300  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 317,664 31,766   285,898
14 Other employee salaries and wages...... 3,813 381   3,431
15 Pension plans, employee benefits....... 23,675 2,368   21,308
16a Legal fees (attach schedule)......... Click to see attachment 2,745 275   2,471
b Accounting fees (attach schedule)....... Click to see attachment 16,045 1,605   14,441
c Other professional fees (attach schedule).... Click to see attachment 629,989 627,591   2,399
17 Interest............... 569,343 569,343    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 712,731 614,636    
19 Depreciation (attach schedule) and depletion... Click to see attachment 500,887 484,934  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,674 467   4,207
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 109,041 13,603   95,436
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,890,607 2,346,969   429,591
25 Contributions, gifts, grants paid....... 8,632,906 8,632,906
26 Total expenses and disbursements. Add lines 24 and 25 11,523,513 2,346,969   9,062,497
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,077,213
b Net investment income (if negative, enter -0-) 6,099,331
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 732,907 825,658 825,652
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) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 168,701,634 Click to see attachment166,671,348 199,309,446
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet12,814,396
Less: accumulated depreciation (attach schedule) bullet12,497,074 318,740 Click to see attachment317,322  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet828,589
Less: accumulated depreciation (attach schedule) bullet157,640 686,900 Click to see attachment670,949 809,781
15 Other assets (describe bullet) Click to see attachment31,050,039 Click to see attachment29,290,913 Click to see attachment29,290,912
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 201,490,220 197,776,190 230,235,791
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment30,757,386 Click to see attachment29,635,635
23 Total liabilities (add lines 17 through 22)......... 30,757,386 29,635,635
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 170,732,834 168,140,555
29 Total net assets or fund balances (see instructions)..... 170,732,834 168,140,555
30 Total liabilities and net assets/fund balances (see instructions). 201,490,220 197,776,190
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
170,732,834
2
Enter amount from Part I, line 27a .....................
2
-3,077,213
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
484,934
4
Add lines 1, 2, and 3 ..........................
4
168,140,555
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 29 .
6
168,140,555
Form 990-PF (2020)
Form 990-PF (2020)
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 JPM 12008 P    
b JPM 12008 P    
c JPM 13006 P    
d JPM 13006 P    
e JPM 13006 P    
(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 17,191,306   16,324,953 866,353
b 29,886,047   29,349,710 536,337
c 266,376   296,429 -30,053
d 1,407,069   1,813,578 -406,509
e 48     48
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       866,353
b       536,337
c       -30,053
d       -406,509
e       48
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 1,785,413
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 3 836,300
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 84,781
c All other domestic foundations enter 1.39% 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 84,781
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 84,781
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 78,400
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 98,400
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 13,619
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet13,619 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 the instructions
for the 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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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.CHFOUNDATIONLUBBOCK.COM
    14
    The books are in care ofbulletCHERYL SANFORD Telephone no.bullet (806) 792-0448

    Located atbullet6102 82ND STREET SUITE 8ALUBBOCKTX ZIP+4bullet79424
    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 2020, 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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    KAY SANFORD TRUSTEE/PRES
    000.00     		2,000 0 0
    4708 21ST ST
    LUBBOCK,TX79407
    KEVIN G MCMAHON TRUSTEE
    000.00     		2,500 0 0
    4011 88TH PLACE
    LUBBOCK,TX79423
    KATHY GILBREATH TRUSTEE/VP
    000.00     		2,500 0 0
    4603 5TH STREET
    LUBBOCK,TX79416
    MARK GRIFFIN TRUSTEE
    000.00     		2,500 0 0
    PO BOX 10128
    LUBBOCK,TX79408
    SUZANNE BLAKE TRUSTEE
    000.00     		2,500 0 0
    PO BOX 2161
    LUBBOCK,TX79408
    SANDY OGLETREE EXECTIVE DIR
    000.00     		132,064 0 0
    PO BOX 94038
    LUBBOCK,TX79493
    CHERYL SANFORD TREASURER
    000.00     		86,800 0 0
    5319 COUNTY ROAD 7560
    LUBBOCK,TX79424
    HEATHER HOCKER GRANT ADMIN
    000.00     		86,800 0 0
    4603 8TH ST
    LUBBOCK,TX79416
    CAROL MCWHORTER TRUSTEE EMER
    000.00     		0 0 0
    3019 21ST ST
    LUBBOCK,TX79410
    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 (2020)
    Form 990-PF (2020)
    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 (2020)
    Form 990-PF (2020)
    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
    182,602,141
    b
    Average of monthly cash balances.......................
    1b
    2,251,634
    c
    Fair market value of all other assets (see instructions)................
    1c
    13,284,815
    d
    Total (add lines 1a, b, and c).........................
    1d
    198,138,590
    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
    198,138,590
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,972,079
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    195,166,511
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    9,758,326
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    9,758,326
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    84,781
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    84,781
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    9,673,545
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    9,673,545
    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
    9,673,545
    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
    9,062,497
    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
    9,062,497
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    9,062,497
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 9,673,545
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019...... 343,122
    fTotal of lines 3a through e........ 343,122
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 9,062,497
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 9,062,497
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020. 343,122 343,122
    (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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		267,926
    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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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).)
    NA
    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.
    NA
    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:
    HEATHER HOCKER
    6102 82ND STREET SUITE 8A
    LUBBOCK,TX79424
    (806) 792-0448
    bThe form in which applications should be submitted and information and materials they should include:
    6
    cAny submission deadlines:
    MAY 1ST OF EACH YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE GENERALLY RESTRICTED TO ORGANIZATIONS WHOSE SERVICES BENEFIT THE SOUTH PLAINS AREA OF TEXAS.
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    WAYLAND BAPTIST UNIVERSITY
    801 N QUAKER AVE
    LUBBOCK,TX79416     		NONE PAID SUPPORT FOR WIRELESS INTERNET UPGRAD 10,024
    SOUTH PLAINS COLLEGE
    1401 S COLLEGE AVE
    LUBBOCK,TX79336     		NONE PAID SUPPORT FOR LUBBOCK CAMPUS AVE Q PRO 1,000,000
    TEXAS TECH UNIVERSITY FOUNDATION
    BOX 41081
    LUBBOCK,TX79409     		NONE PAID PROGRAM SUPPORT 1,015,014
    TEXAS TECH UNIVERSITY FOUNDATION
    BOX 41081
    LUBBOCK,TX79409     		NONE PAID TRIP ELIGIBLE PROGRAM SUPPORT 163,545
    RANCHING HERITAGE ASSOCIATION
    MS 3200
    LUBBOCK,TX79409     		NONE PAID SUPPORT FOR CURRICULUM WORKSHOPS TO 74,550
    TTU SCHOOL OF LAW FOUNDATION
    BOX 40004
    LUBBOCK,TX79409     		NONE PAID SUPPORT FOR FIRST-GENERATION LAW SCH 50,000
    TEXAS TECH UNIVERSITY FOUNDATION -
    BOX 41081
    LUBBOCK,TX79409     		NONE PAID PROGRAM SUPPORT 313,500
    BALLET LUBBOCK
    5702 GENOA AVE
    LUBBOCK,TX79424     		NONE PAID SUPPORT FOR NUTCRACKER BACKDROPS AND 250,000
    BALLET LUBBOCK
    5702 GENOA AVE
    LUBBOCK,TX79424     		NONE PAID SUPPORT FOR 2020 NUTCRACKER 51,000
    BALLET LUBBOCK
    5702 GENOA AVE
    LUBBOCK,TX79424     		NONE PAID SUPPORT FOR 2020 - 2021 INSTRUCTORS 20,000
    BALLET LUBBOCK
    5702 GENOA AVE
    LUBBOCK,TX79424     		NONE PAID SUPPORT FOR 2020 - 2021 SCHOLARSHIP 25,000
    BALLET LUBBOCK
    5702 GENOA AVE
    LUBBOCK,TX79424     		NONE PAID SUPPORT FOR 2021 SNOW WHITE SPRING P 20,000
    CHARLES ADAMS STUDIO PROJECT
    602 AVENUE J
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR METALS STUDIO AND FOUNDR 10,000
    CHARLES ADAMS STUDIO PROJECT
    602 AVENUE J
    MORTON,TX79401     		NONE PAID SUPPORT FOR ARTS ADMINISTRATION FELL 10,000
    FLATLANDS DANCE THEATRE
    P O BOX 93001
    LUBBOCK,TX79493     		NONE PAID SUPPORT FOR 2020 - 2021 SEASON 3,000
    LEVELLAND WALLACE THEATER
    P O BOX 1398
    LUBBOCK,TX79336     		NONE PAID SUPPORT FOR HVAC CAPITAL IMPROVEMENT 50,000
    LHUCA
    511 AVENUE K
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR PUBLIC PROGRAMMING 35,000
    LHUCA
    511 AVENUE K
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR INFRASTRUCTURE IMPROVEME 65,000
    LHUCA
    511 AVENUE K
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR PROGRAM COORDINATOR POSI 25,000
    LUBBOCK ARTS ALLIANCE
    P O BOX 5092
    LUBBOCK,TX79408     		NONE PAID SUPPORT FOR THE 2021 LUBBOCK ARTS FE 42,000
    LUBBOCK ARTS ALLIANCE
    P O BOX 5092
    LUBBOCK,TX79408     		NONE PAID SUPPORT FOR ARTADVENTURES; EDUCATION 20,000
    LUBBOCK CHORALE
    5815 82ND STREET SUITE 1
    LUBBOCK,TX79424     		NONE PAID SUPPORT FOR THE 2020-2021 CONCERT SE 25,000
    LUBBOCK COMMUNITY THEATRE
    4232 B BOSTON AVE
    LUBBOCK,TX79413     		NONE PAID SUPPORT FOR THE 2020-2021 SEASON 15,000
    LUBBOCK ENTERTAINMENT AND PERFORMIN
    1500 BROADWAY SUITE 902
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR OPERATING FUNDS 368,000
    LUBBOCK ENTERTAINMENT AND PERFORMIN
    1500 BROADWAY SUITE 902
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR BUDDY HOLLY HALL 2,000,000
    LUBBOCK EXPERIENCE
    1500 BROADWAY SIXTH FLOO
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR CULTURAL ARTS POSITION; 75,000
    LUBBOCK MOONLIGHT MUSICALS
    P O BOX 93522
    LUBBOCK,TX79493     		NONE PAID SUPPORT FOR 2021SUMMER ROYALTIES 50,000
    LUBBOCK SYMPHONY ORCHESTRA
    601 AVENUE K
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR 2020 - 2021 CHAMBER ENSE 15,600
    LUBBOCK SYMPHONY ORCHESTRA
    601 AVENUE K
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR 2020 -2021 MASTERWORKS A 91,000
    LUBBOCK SYMPHONY ORCHESTRA
    601 AVENUE K
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR 2020 -2021 EDUCATION & F 78,000
    LUBBOCK SYMPHONY ORCHESTRA
    601 AVENUE K
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR KRISTIN CHENOWETH IN CON 45,500
    MUSEUM OF TEXAS TECH ASSOCIATION
    BOX 43191
    LUBBOCK,TX79409     		NONE PAID SUPPORT FOR COFFEE BAR/CONCESSION 44,000
    MUSEUM OF TEXAS TECH ASSOCIATION
    BOX 43191
    LUBBOCK,TX79409     		NONE PAID SUPPORT FOR 2021 TEMPORARY EXHIBITS 22,500
    SILENT WINGS MUSEUM
    6202 N I-27
    LUBBOCK,TX79403     		NONE PAID SUPPORT FOR D-DAY PROGRAMMING 15,900
    SILENT WINGS MUSEUM
    6202 N I-27
    LUBBOCK,TX79403     		NONE PAID SUPPORT FOR COLLECTIONS CARE AND PRE 9,000
    SILENT WINGS MUSEUM
    6202 N I-27
    LUBBOCK,TX79403     		NONE PAID SUPPORT FOR MUSEUM SCANNER 2,200
    TEXAS CULTURAL TRUST
    901 S MOPAC EXPRESSWAY
    LUBBOCK,TX78746     		NONE PAID SUPPORT FOR ART CAN PROJECT; 1ST OF 25,000
    WEST TEXAS CHILDREN'S CHORUS
    P O BOX 93351
    LEVELLAND,TX79493     		NONE PAID SUPPORT FOR OPERATING FUNDS 25,000
    YOUTH ORCHESTRAS OF LUBBOCK
    P O BOX 64036
    LUBBOCK,TX79464     		NONE PAID SUPPORT FOR SCHOLARSHIPS 10,000
    FRIENDS OF THE LUBBOCK PUBLIC LIBRA
    1306 9TH STREET
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR AUDIOBOOKS AND E-BOOKS 19,980
    LUBBOCK ISD
    1628 19TH STREET
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR LISD SUPERINTENDENTS SCH 5,000
    OGALLALA COMMONS
    P O BOX 346NAZARETH TEXA
    LUBBOCK,TX79063     		NONE PAID SUPPORT FOR INTERN SUPPORT AND ORIEN 15,000
    SOUTH PLAINS CLOSING THE GAPS P-20
    P O BOX 41071
    LUBBOCK,TX79409     		NONE PAID SUPPORT FOR SCHOLARSHIP PROGRAM; 1ST 50,000
    TEXAS INTERSCHOLASTIC LEAGUE FOUNDA
    P O BOX 151027AUSTIN TEX
    LUBBOCK,TX78754     		NONE PAID SUPPORT FOR SCHOLARSHIPS 51,000
    AMERICAN CANCER SOCIETY
    3513 10TH STREET
    LUBBOCK,TX79415     		NONE PAID SUPPORT FOR CAPITAL IMPROVEMENTS AND 15,260
    COVENANT HEALTH FOUNDATION
    3623 22ND PLACE
    LUBBOCK,TX79410     		NONE PAID SUPPORT FOR GIFTS OF GRATITUDE CAMPA 50,000
    INSIDE OUT FOUNDATION
    4630 50TH STREET SUITE 5
    LUBBOCK,TX79414     		NONE PAID SUPPORT FOR AESTHETICS PROGRAMMING 15,000
    TEXAS SCOTTISH RITE HOSPITAL
    2222 WELBORN STREET
    LUBBOCK,TX75219     		NONE PAID SUPPORT FOR PATIENT CARE FOR CHILDRE 15,000
    BROWNFIELD SENIOR CITIZENS CENTER
    P O BOX 1021
    LUBBOCK,TX79316     		NONE PAID SUPPORT FOR FOOD AND OPERATING FUNDS 15,000
    CAPROCK AMBUCS
    P O BOX 93871
    LUBBOCK,TX79493     		NONE PAID SUPPORT FOR AMTRYKES PROGRAM 10,000
    COMMUNITY FOUNDATION OF WEST TEXAS
    6102 82ND STREET 8B
    LUBBOCK,TX79424     		NONE PAID SUPPORT FOR COVID-19 EMERGENCY RESPO 250,000
    COMMUNITY FOUNDATION OF WEST TEXAS
    6102 82ND STREET 8B
    LUBBOCK,TX79424     		NONE PAID SUPPORT FOR 2021 GIVING TUESDAY INIT 15,000
    COMMUNITY FOUNDATION OF WEST TEXAS
    6102 82ND STREET 8B
    LUBBOCK,TX79424     		NONE PAID SUPPORT FOR FUNDING INFORMATION LIBR 2,995
    COMMUNITY PARTNERS OF LUBBOCK
    1103 MLK JR BLVD
    LUBBOCK,TX79403     		NONE PAID SUPPORT FOR THE RAINBOW ROOM 9,000
    FAMILY PROMISE OF LUBBOCK
    P O BOX 1258
    LUBBOCK,TX79408     		NONE PAID SUPPORT FOR STAYING STRONG PROGRAMMI 30,000
    HIGH POINT VILLAGE
    6223 COUNTY ROAD 6300
    LUBBOCK,TX79416     		NONE PAID SUPPORT FOR OPERATIONS/COVID-19 45,000
    LLANO ESTACADO SILVER STAR BOARD
    P O BOX 65195
    LUBBOCK,TX79464     		NONE PAID SUPPORT FOR ADULT PROTECTIVE SERVICE 6,000
    LUBBOCK HABITAT FOR HUMANITY
    3650 50TH STREET
    LUBBOCK,TX79413     		NONE PAID SUPPORT FOR HABITAT CONSTRUCTION 40,000
    LUBBOCK WOMEN'S CLUB HISTORICAL FOU
    2020 BROADWAY
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR KITCHEN RENOVATION 25,000
    MORRIS SAFE HOUSE
    3240 NIGHTINGALE ROAD
    LUBBOCK,TX79407     		NONE PAID SUPPORT FOR PREVENTIVE MEDICAL CARE 9,000
    PHILANTHROPY SOUTHWEST
    1910 PACIFIC AVENUE SUIT
    LUBBOCK,TX75201     		NONE PAID SUPPORT FOR ANNUAL GRANT 4,250
    RECORDING LIBRARY OF WEST TEXAS
    3500 NORTH A STREET SUIT
    LUBBOCK,TX79705     		NONE PAID SUPPORT FOR OPERATING 10,000
    RONALD MCDONALD HOUSE CHARITIES OF
    3413 10TH STREET
    LUBBOCK,TX79415     		NONE PAID SUPPORT COVID-19 OPERATING SUPPORT 25,000
    SPECIAL OLYMPICS
    8214 ASH AVE
    LUBBOCK,TX79404     		NONE PAID SUPPORT FOR PROGRAMMING - SOUTH PLAI 15,000
    VOLUNTEER SERVICE COUNCIL
    P O BOX 5396
    TAHOKA,TX79408     		NONE PAID SUPPORT FOR PATIO CONSTRUCTION 14,711
    FIRST ROBOTICS
    1001 MAIN STREET SUITE 6
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR STUDENT PROGRAMMING IN L 10,000
    LUBBOCK AREA UNITED WAY
    1655 MAIN STREET SUITE 1
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR 2020 ANNUAL CAMPAIGN 128,000
    AMERICAN RED CROSS
    2201 19TH STREET
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR DISASTER RELIEF SERVICES 15,000
    BIG BROTHERS BIG SISTERS
    3416 KNOXVILLE AVE
    LUBBOCK,TX79413     		NONE PAID SUPPORT FOR YOUTH MENTORING PROGRAM 30,000
    BOY SCOUTS - SOUTH PLAINS COUNCIL
    30 BRIERCROFT OFFICE PARK
    MIDLAND,TX79412     		NONE PAID SUPPORT FOR SCOUT REACH 14,000
    CATHOLIC CHARITIES
    102 AVE J
    PEP,TX79401     		NONE PAID SUPPORT FOR PARENT EMPOWERMENT PROGR 40,000
    COMMUNITIES IN SCHOOLS
    1946 AVE Q 3RD FLOOR
    DALLAS,TX79411     		NONE PAID SUPPORT FOR ADOPT-A-SCHOOL EXPANSION 35,000
    EARLY LEARNING CENTERS OF LUBBOCK
    1639 MAIN STREET
    MIDLAND,TX79401     		NONE PAID SUPPORT FOR CHILDCARE FEE ASSISTANCE 155,000
    GIRL SCOUTS OF TEXAS OKLAHOMA PLAIN
    2567 74TH STREET
    LUBBOCK,TX79423     		NONE PAID SUPPORT FOR GIRL SCOUT LEADERSHIP EX 40,000
    GOODWILL INDUSTRIES OF NORTHWEST TE
    715 28TH STREET
    LUBBOCK,TX79404     		NONE PAID SUPPORT FOR T-PALS PROGRAMMING 76,800
    GUADALUPE PARKWAY
    405 N MLK JR BLVD
    LUBBOCK,TX79403     		NONE PAID SUPPORT FOR KIDS CAF; 2ND OF 2 YEARS 13,927
    GUADALUPE PARKWAY
    405 N MLK JR BLVD
    LUBBOCK,TX79403     		NONE PAID SUPPORT FOR SUMMER BLAST/MAD/TOP 124,000
    LITERACY LUBBOCK
    1306 9TH STREET
    LUBBOCK,TX79401     		NONE PAID SUPPORT FOR LITERACY PROGRAMMING 37,000
    LUBBOCK CHILDREN'S HEALTH CLINIC
    P O BOX 12103
    LUBBOCK,TX79452     		NONE PAID SUPPORT FOR PEDIATRIC SERVICES 97,500
    PARENTING COTTAGE
    3818 50TH STREET
    LEVELLAND,TX79413     		NONE PAID SUPPORT FOR PARENTS AS TEACHERS HOME 30,000
    VOLUNTEER CENTER OF LUBBOCK
    1706 23RD STREET SUITE 1
    LUBBOCK,TX79411     		NONE PAID SUPPORT FOR 2021 RURAL YOUTH IN SERV 79,200
    VOLUNTEER CENTER OF LUBBOCK
    1706 23RD STREET SUITE 1
    AUSTIN,TX79411     		NONE PAID SUPPORT FOR 2021 LUBBOCK YOUTH IN PH 85,950
    WOMEN'S PROTECTIVE SERVICES
    P O BOX 54089
    LUBBOCK,TX79453     		NONE PAID SUPPORT FOR PROPERTY REPAIRS 75,000
    YWCA OF LUBBOCK
    6204 ELGIN AVE
    LUBBOCK,TX79413     		NONE PAID SUPPORT FOR Y ON UNIVERSITY; 1ST OF 500,000
    YWCA OF LUBBOCK
    6204 ELGIN AVE
    AUSTIN,TX79413     		NONE PAID SUPPORT FOR OPERATIONS 50,000
    YWCA OF LUBBOCK
    6204 ELGIN AVE
    DALLAS,TX79413     		NONE PAID SUPPORT FOR WOMEN'S HEALTH INITIATIV 65,000
    Total .................................bullet 3a 8,632,906
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 21,391  
    4 Dividends and interest from securities....     14 3,233,105  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     15 3,232,892  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 819,237 966,176
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMALLET RANCH     		        92,283
    bOTHER INCOME         21,634
    cOTHER INCOME - SCHEDULE K-1         112,313
    dOTHER INCOME - SCHEDULE K-1         -53,785
    eOTHER INCOME - SCHEDULE K-1         -2,201
    fDEVITT JONES FARMS         3,255
    12 Subtotal. Add columns (b), (d), and (e)..   7,306,625 1,139,675
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    8,446,300
    (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 (2020)
    Form 990-PF (2020)
    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.
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    with the preparer shown below?
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    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
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    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 16,045 1,605   14,441

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

    TY 2020 DepreciationSchedule
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    DEPRECIATION   8,088 8,088 MACRS SL CLASS LIFE 7.0000        
    COMPUTER 2013-01-01 1,834 1,834 200DB 5.0000        
    GRANTMAKING SOFTWARE - FOUNDANT TECHNOLOGY 2014-08-13 12,500 12,500   3.0000        
    DESK - CHERYL - BAKER OFFICE PRODUCTS 2014-04-01 425 397 200DB 7.0000 19      
    COMPUTER - CHERYL 2014-04-21 3,530 3,530 200DB 5.0000        
    CHAIR - CHERYL 2014-04-21 140 131 200DB 7.0000 6      
    LOT 8 STONECREST OFFICE PARK 2014-09-15 131,688              
    OFFICE EQUIPMENT 2006-12-12 7,817 7,817 200DB 7.0000        
    POLYCOM CONFERENCE PHONES (2) 2015-09-17 1,104 975 200DB 7.0000 49      
    SAMSUNG TV - COMMUNITY CONFERENCE ROOM 2015-10-20 1,400 1,333 200DB 5.0000 67      
    SAMSUNG TV - TRUSTEES CONFERENCE ROOM 2015-10-20 1,200 1,143 200DB 5.0000 57      
    FURNITURE - REST HARDW ROUND TABLE LOBBY 2015-08-17 1,388 1,227 200DB 7.0000 61      
    WISTERIA 2 END TABLES - LOBBY 2015-08-17 400 353 200DB 7.0000 18      
    2 SPEARS CHAIRS - LOBBY 2015-08-17 1,471 1,300 200DB 7.0000 65      
    HON DESK AND CREDENZA WITH KEYBOARD TRAY 2015-09-23 910 804 200DB 7.0000 41      
    HON L DESK WITH KEYBOARD TRAY 2015-09-23 720 636 200DB 7.0000 32      
    8' ROUND RUG - KAY'S OFFICE 2015-10-08 499 436 200DB 7.0000 22      
    8' ROUND RUG - HEATHER'S OFFICE 2015-10-08 749 655 200DB 7.0000 33      
    5X7 RUG - CHERYL'S OFFICE 2015-10-08 279 244 200DB 7.0000 12      
    5X7 RUG - KAY'S OFFICE 2015-10-08 279 244 200DB 7.0000 12      
    PORTRAIT OF CHRISTINE DEVITT 2015-10-08 437 382 200DB 7.0000 19      
    WALL ART AND MIRROR 2015-10-08 605 529 200DB 7.0000 27      
    2 LAMPS - HOBBY LOBBY 2015-10-08 456 399 200DB 7.0000 20      
    2 SETTEES IN LOBBY 2015-10-08 1,552 1,357 200DB 7.0000 68      
    RUGS FOR LOBBY - LEFTWICH CHAPMAN 2015-10-08 1,965 1,718 200DB 7.0000 86      
    BARRINGTON ROUND TABLE - KAY'S OFFICE 2015-10-28 1,399 1,224 200DB 7.0000 61      
    8 HIGH BACK LEATHER CHAIRS - TRUSTEE CONFEREN 2015-10-28 7,365 6,441 200DB 7.0000 321      
    FRAMING OF CHRISTINE DEVITT PORTRAIT 2015-10-28 504 441 200DB 7.0000 22      
    COMPUTER CART - KAY'S OFFICE 2015-10-28 614 537 200DB 7.0000 27      
    BARRINGTON ROUND TABLE - HEATHER'S OFFICE 2015-10-28 1,399 1,224 200DB 7.0000 61      
    8 LEATHER STEELCASE CHAIRS - COMMUNITY CONFER 2015-10-28 1,000 749 200DB 7.0000 87      
    4 MID BACK LEATHER CHAIRS - HEATHER'S OFFICE 2015-10-28 3,045 2,663 200DB 7.0000 133      
    4 MID BACK LEATHER CHAIRS - KAY'S OFFICE 2015-10-28 3,045 2,663 200DB 7.0000 133      
    CONFERENCE TABLE - TRUSTEE'S BOARD ROOM 2015-10-28 5,964 5,215 200DB 7.0000 261      
    CAMERAS AND WIRING 2015-05-19 810 725 200DB 7.0000 36      
    TELECO - WIRING 2015-05-19 2,160 1,932 200DB 7.0000 96      
    HARDWARE AND SOFTWARE - BLUE LAYER 2015-06-09 4,068 4,068   3.0000        
    PURCHASE OF LOT 7A 2015-08-10 75,000              
    TELECO - CAT6 WIRING, HOT SPOT 2015-09-03 795 703 200DB 7.0000 35      
    CAMERA AND SECURITY SYSTEM 2015-09-08 3,878 3,427 200DB 7.0000 172      
    TELECO - CAT6 LINE 2015-09-23 200 177 200DB 7.0000 9      
    COLLIER CONSTRUCTION BUILDING COST 2015-09-03 532,593 58,608 S/L 39.0000 13,656      
    PATIO FURNITURE 2016-03-24 2,901 2,448 200DB 7.0000 129      
    GRANT MAKING SOFTWARE 2016-05-25 8,500 8,500   3.0000        

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CLARION PRIVATE INVESTORS 2,825,289 3,189,090
    DOUBLELINE 4,665,702 4,644,058
    FIDELITY CONS INCOME BOND    
    BLACKSTONE GSO SEC LENDING FD 2,443,421 2,685,921
    CARLYLE PRIVAT INVESTORS 1,038,151 1,118,358
    EDGERWOOD GROWTH FD 5,053,315 6,627,555
    HEALTH CARE SELECT SECTOR 4,975,181 5,881,524
    HPS MEZZANINE 1,684,772 1,839,790
    I SHARES BRAZIL 1,526,554 1,727,054
    I SHARES CORE S&P 500 14,836,941 24,515,595
    I SHARES CORE SP 500 MSCI EMERGIN 7,866,330 9,550,872
    I SHARES GLOBEL INFRASTRUCTURE 1,654,709 1,584,400
    I SHARES MSCI ALL COUNTRY ASI 3,516,881 4,966,007
    I SHARES MSCI CHINA    
    I SHARES MSCI EAFE (BLACKROCK) INTER 10,882,600 12,665,134
    I SHARES MSCI INDIA ETF 1,088,149 1,591,867
    I SHARES MSCI JAPAN 3,187,276 3,832,611
    I SHARES RUSSELL 1000 3,060,959 3,363,284
    INVESCO QQQ TR 2,803,265 4,077,365
    JP MORGAN INVESTMENT CASH 1,262,504 1,262,504
    JP MORGAN SWEEP ACCT 85 85
    MATTEWS CHINA 1,911,160 2,743,029
    OAKMARK INTERNATIONAL 5,401,566 5,817,988
    PEG GLOBAL PRIVATE EQUITY 13,047,963 14,414,280
    PIMCO - INC GRD CRD BD 4,171,196 4,464,965
    PIMCO - TOTAL 5,962,490 6,324,735
    PRIMECAP ODYSSEY STOCK FD    
    PRUDENTIAL GLOBAL REAL EST 2,589,819 2,451,285
    SCHWAB US TIPS ETF 4,300,550 4,847,517
    SVSS IV PRIVATE INVESTORS OFFSHORE 2,550,000 2,950,449
    T ROWE PR JAPAN FUND 1,688,245 2,311,315
    T ROWE PR JAPAN FUND PR NEW 1,782,683 2,318,870
    TORTOISE MLP & PIPELINE 5,282,432 2,437,456
    TRIBUTARY SMALL CO 3,053,149 3,910,971
    VANGUARD FINANCIAL ETF 2,669,936 3,130,802
    VANGAURD FTSE EMERGING MKTS    
    VANGAURD MID-CAP ETF 2,103,557 3,258,282
    VANGAURD SHORT-TERM BOND ETF 3,551,396 3,729,460
    VANGAURD TOTAL BOND MKT 21,743,289 23,620,795
    LUBBOCK DOWNTOWN DEV 150,000 150,000
    MICROZAP INVESTMENT 577,820 577,820
    TECHAPT01GP 247,701 250,000
    VENTRURE INV - PRIVATE EQUITY 1,792,701 6,049,240
    FEG - POF II 7,721,611 8,427,113

    TY 2020 InvestmentsLandSchedule2
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    MALLET RANCH - LAND & IMPROVEMENTS 445,246 154,603 290,643  
    MINERAL INTERESTS 12,339,284 12,339,284    
    DEVITT JONES FARM - LAND & IMPROVEME 29,866 3,187 26,679  

    TY 2020 LandEtcSchedule2
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE EQUIPMENT 13,182 13,182   10,000
    COMPUTER SOFTWARE 25,068 25,068   15,000
    FURNITURE AND FIXTURES 39,511 36,191 3,320 35,000
    CAMERAS AND WIRING 7,843 7,311 532 7,500
    TELEPHONES AND TELEVISION 3,703 3,624 79 3,000
    STONECREST OFFICE BUILDING 532,594 72,264 460,330 532,593
    LOT 8 STONECREST OFFICE PARK LAND 131,688   131,688 131,688
    LOT7A STONECREST OFFICE PARK LAND 75,000   75,000 75,000


    TY 2020 LegalFeesSchedule
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT LEGAL FEES 2,745 275   2,471


    TY 2020 OtherAssetsSchedule
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INVESTMENT IN MALLET RANCH 239,792 230,973 230,973
    INVESTMENT IN DEVITT-JONES FARM 14,947 17,155 17,155
    ANNUITY FROM HELEN JONES TRUST 39,300 39,300 39,300
    PROGRAM RELATED INVESTMENT - BHH 30,756,000 29,003,485 29,003,484


    TY 2020 OtherExpensesSchedule
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    DEVITT JONES FARM-FARM EXPS 1,088 109   979
    DUES AND SUBSCRIPTIONS 2,914 291   2,622
    INSURANCE 12,331 1,233   11,098
    OFFICE SUPPLIES/EXPENSE 4,144 414   3,729
    COMPUTER REPAIRS 1,264 126   1,138
    TELEPHONE 4,562 456   4,106
    UTILITIES 3,351 335   3,016
    OIL MARKETING SERVICES 3,000 3,000    
    OFFICE PARK FEES 2,549 255   2,294
    MALLET RANCH - EXPENSES 39,198 3,920   35,278
    MILEAGE 825 83   743
    REPAIRS AND MAINTENANCE 7,520 752   6,768
    SMALL FURNTURE & EQUIPMENT 1,395 139   1,255
    PROFESSIONAL DEVELOPMENT 16,000 1,600   14,400
    SOLFWARE 8,900 890   8,010


    TY 2020 OtherIncomeSchedule2
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTIES - O&G 3,232,892 3,232,892  
    MALLET RANCH 92,283 92,283  
    OTHER INCOME 21,634 21,634  
    OTHER INCOME - SCHEDULE K-1 112,313 112,313  
    OTHER INCOME - SCHEDULE K-1 -53,785 -53,785  
    OTHER INCOME - SCHEDULE K-1 -2,201 -2,201  
    DEVITT JONES FARMS 3,255 3,255  


    TY 2020 OtherIncreasesSchedule
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Description Amount
    PREFERENCE DEPLETION 484,934


    TY 2020 OtherLiabilitiesSchedule
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCOUNTS PAYABLE - CC 1,386 534
    LINE OF CREDIT - JP MORGAN 30,756,000 29,635,101


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 176,035 176,035    
    PROPERTY TAX CONSULTANT 2,665 267   2,399
    PORTFOLIO EXPENSES 451,289 451,289    


    TY 2020 TaxesSchedule
    Name:
    CH FOUNDATION INC
    EIN:
    75-1534816
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 98,095      
    OIL & GAS SEVERANCE TAXES 80,200 80,200    
    PROPERTY TAXES 451,704 451,704    
    FOREIGN TAXES PAID 82,732 82,732