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
DIAN GRAVES OWEN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)400 NORTH PINE STREET SUITE 1000
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ABILENE, TX79601
A Employer identification number

75-2682536
B Telephone number (see instructions)

(325) 677-1367
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$265,525,529J 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 173,455 173,455  
4 Dividends and interest from securities... 1,506,716 1,506,716  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,198,894
b Gross sales price for all assets on line 6a 48,668,841
7 Capital gain net income (from Part IV, line 2)... 4,198,894
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 18,778,804 16,405,802  
12 Total. Add lines 1 through 11........ 24,657,869 22,284,867  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 400,000 200,000   200,000
14 Other employee salaries and wages...... 429,000 135,500   293,500
15 Pension plans, employee benefits....... 222,322 76,025   146,297
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 55,272 27,636   27,636
c Other professional fees (attach schedule).... Click to see attachment 540,053 540,053   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 77,146 50,987   26,159
19 Depreciation (attach schedule) and depletion... Click to see attachment 742 371  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 6,029,590 2,736,272   9,151
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,754,125 3,766,844   702,743
25 Contributions, gifts, grants paid....... 14,159,357 14,159,357
26 Total expenses and disbursements. Add lines 24 and 25 21,913,482 3,766,844   14,862,100
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,744,387
b Net investment income (if negative, enter -0-) 18,518,023
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............. 324,261 351,147 351,147
2 Savings and temporary cash investments......... 13,346,585 11,650,543 11,650,543
3 Accounts receivable bullet12,871
Less: allowance for doubtful accounts bullet   16,881 12,871 17,598
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)....... 53,185,348 Click to see attachment54,913,072 85,635,590
c Investments—corporate bonds (attach schedule)....... 1,562,054 0 0
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 44,145,109 Click to see attachment48,367,828 167,861,009
14 Land, buildings, and equipment: basis bullet23,164
Less: accumulated depreciation (attach schedule) bullet13,522 0 Click to see attachment9,642 9,642
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 112,580,238 115,305,103 265,525,529
Liabilities 17 Accounts payable and accrued expenses.......... 228  
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 attachment149,190 Click to see attachment129,896
23 Total liabilities (add lines 17 through 22)......... 149,418 129,896
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 112,430,820 115,175,207
29 Total net assets or fund balances (see instructions)..... 112,430,820 115,175,207
30 Total liabilities and net assets/fund balances (see instructions). 112,580,238 115,305,103
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
112,430,820
2
Enter amount from Part I, line 27a .....................
2
2,744,387
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
115,175,207
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
115,175,207
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 PUBLICLY TRADED SECURITIES P   2020-12-31
b GAINS/LOSSES FROM PASSTHROUGH ENTITIESS P   2020-12-31
c GAINS/LOSSES ON BOOKS P   2020-12-31
d CAPITAL GAINS DIVIDENDS P    
e
(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 48,590,112   42,530,736 6,059,376
b     1,939,211 -1,939,211
c 7,676     7,676
d 71,053     71,053
e
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       6,059,376
b       -1,939,211
c       7,676
d       71,053
e
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 4,198,894
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
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................................ 1 257,401
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 0
3 Add lines 1 and 2........................... 3 257,401
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 257,401
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 419,464
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 419,464
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 10 162,063
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet162,063 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See 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
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNONE
    14
    The books are in care ofbulletDIAN GRAVES OWEN FOUNDATION Telephone no.bullet (325) 677-1367

    Located atbullet400 NORTH PINE SUITE 1000ABILENETX ZIP+4bullet79601
    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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletCJ
    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 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 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
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 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
    DIAN GRAVES OWEN STAI CHAIRMAN, TREASURER, DIR
    0.00     		0 0 0
    400 N PINE ST SUITE 1000
    ABILENE,TX79601
    TUCKER S BRIDWELL PRESIDENT, DIRECTOR
    20.00     		400,000 28,500 0
    400 N PINE ST SUITE 1000
    ABILENE,TX79601
    JANE V BEARD SECRETARY
    40.00     		170,000 42,187 0
    400 N PINE ST SUITE 1000
    ABILENE,TX79601
    DEBORAH O CARSON DIRECTOR
    0.00     		0 0 0
    400 N PINE ST SUITE 1000
    ABILENE,TX79601
    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
    LAMAR H MOORE ADMINISTRATOR
    20.00     		177,500 0 0
    400 PINE ST 1000
    ABILENE,TX79601
    REBECCA L FELLOWS ADMINISTRATOR
    20.00     		57,500 0 0
    400 PINE ST 1000
    ABILENE,TX79601
    Total number of other employees paid over $50,000...................bullet 0
    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.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    86,748,932
    b
    Average of monthly cash balances.......................
    1b
    12,836,373
    c
    Fair market value of all other assets (see instructions)................
    1c
    167,878,298
    d
    Total (add lines 1a, b, and c).........................
    1d
    267,463,603
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    267,463,603
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    4,011,954
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    263,451,649
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    13,172,582
    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
    13,172,582
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    257,401
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    257,401
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    12,915,181
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    12,915,181
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    12,915,181
    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
    14,862,100
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    14,862,100
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    14,862,100
    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 12,915,181
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 1,026,205
    b From 2016...... 2,395,213
    c From 2017...... 4,645,740
    d From 2018...... 3,134,813
    e From 2019...... 7,350,747
    fTotal of lines 3a through e........ 18,552,718
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 14,862,100
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 12,915,181
    e Remaining amount distributed out of corpus 1,946,919
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 20,499,637
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    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) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		1,026,205
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		19,473,432
    10 Analysis of line 9:
    a Excess from 2016.... 2,395,213
    b Excess from 2017.... 4,645,740
    c Excess from 2018.... 3,134,813
    d Excess from 2019.... 7,350,747
    e Excess from 2020.... 1,946,919
    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).)
    DIAN GRAVES OWEN STAI
    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.
    DIAN GRAVES OWEN STAI
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    12TH ARMORED DIVISION MEMORIAL MUSEUM
    1289 NORTH 2ND STREET
    ABILENE,TX79601     		    GENERAL SUPPORT 5,000
    ABILENE AMERICAN ASSOCIATION OF UNIVERSITY WOMEN ABILENE TEXAS BRANCH
    PO BOX 6107
    ABILENE,TX79608     		    GENERAL SUPPORT 2,500
    ABILENE ARTS ALLIANCE
    1101 N 1ST STREET
    ABILENE,TX79601     		    GENERAL SUPPORT 36,200
    ABILENE BLACK CHAMBER OF COMMERCE
    PO BOX 3572
    ABILENE,TX79604     		    GENERAL SUPPORT 5,000
    ABILENE CHAMBER OF COMMERCE FOUNDATION
    PO BOX 2281
    ABILENE,TX79604     		    GENERAL SUPPORT 12,000
    ABILENE CHRISTIAN UNIVERSITY
    ACU STATION
    ABILENE,TX79699     		    GENERAL SUPPORT 25,000
    ABILENE CRIME STOPPERS
    PO BOX 717
    ABILENE,TX79604     		    GENERAL SUPPORT 10,000
    ABILENE EDUCATION FOUNDATION
    PO BOX 1999
    ABILENE,TX79604     		    GENERAL SUPPORT 117,850
    ABILENE FREEDOM FESTIVAL
    2180 MAPLE ST
    ABILENE,TX79602     		    GENERAL SUPPORT 5,000
    ABILENE HERITAGE SQUARE
    POST OFFICE BOX 1699 400 PINE
    STREET SUITE1000
    ABILENE,TX79601     		    GENERAL SUPPORT 3,000,000
    ABILENE ISD
    PO BOX 981
    ABILENE,TX79604     		    GENERAL SUPPORT 18,350
    ABILENE PERFORMING ARTS COMPANY INC
    1049 INDUSTRIAL BLVD SUITE 200
    ABILENE,TX79602     		    GENERAL SUPPORT 3,000
    ABILENE PHILHARMONIC ASSOCIATION
    1102 N 3RD SUITE C
    ABILENE,TX79601     		    GENERAL SUPPORT 50,000
    ABILENE PHILHARMONIC GUILD
    1102 NORTH 3RD ST SUITE C
    ABILENE,TX79601     		    GENERAL SUPPORT 15,000
    ABILENE POLICE FOUNDATION
    PO BOX 3553
    ABILENE,TX79604     		    GENERAL SUPPORT 2,208
    ABILENE PRESERVATION LEAGUE
    PO BOX 3451
    ABILENE,TX79604     		    GENERAL SUPPORT 27,500
    ABILINE YOUTH SPORTS AUTHORITY
    1042 LOOP 322
    ABILENE,TX79602     		    GENERAL SUPPORT 625,000
    ABODE CONTEMPLATIVE CARE FOR THE DYING
    PO BOX 47640
    SAN ANTONIO,TX78284     		    GENERAL SUPPORT 25,000
    ACE SCHOLARSHIPS HOUSTON
    5251 DTC PARKWAY SUITE 1150
    GREENWOOD VILLAGE,CO80111     		    GENERAL SUPPORT 125,000
    ADMIRAL NIMITZ FOUNDATION
    340 E MAIN
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 63,600
    ALZHEIMER'S ASSOICATION-NORTH CENTRAL TEXAS
    301 S PIONEER SUITE 105
    ABILENE,TX79605     		    GENERAL SUPPORT 2,500
    AMERICA'S FUTURE FOUNDATION
    1513 16TH ST NW
    WASHINGTON,DC20036     		    GENERAL SUPPORT 7,500
    AMERICAN CANCER SOCIETY
    2438 INDUSTRIAL 143
    ABILENE,TX79605     		    GENERAL SUPPORT 5,000
    AMERICAN CONSTITUTIONAL RIGHTS UNION
    405 5TH AVE SOUTH SUITE 7C
    NAPLES,FL34102     		    GENERAL SUPPORT 30,000
    AMERICAN HEART ASSOCIATION
    3109 OVER STREET
    ABILENE,TX79605     		    GENERAL SUPPORT 7,500
    AMERICAN SPECTATOR FOUNDATION
    1611 N KENT ST SUITE 901
    ARLINGTON,VA22209     		    GENERAL SUPPORT 10,000
    ARS LYRICA HOUSTON
    4807 SAN FELIPE SUITE 202
    HOUSTON,TX77056     		    GENERAL SUPPORT 10,000
    BELTWAY PARK CHURCH
    4009 BELTWAY SOUTH
    ABILENE,TX79606     		    GENERAL SUPPORT 2,500
    BEN RICHEY BOYS RANCH
    PO BOX 6839
    ABILENE,TX79608     		    GENERAL SUPPORT 3,000
    BENJAMIN RUSH INSTITUTE
    PO BOX 610-001
    DFW AIRPORT,TX75261     		    GENERAL SUPPORT 10,000
    BIG BROTHERS BIG SISTERS OF ABILENE INC
    547 CHESTNUT
    ABILENE,TX79602     		    GENERAL SUPPORT 25,000
    BIG COUNTRY AIDS RESOURCES
    402 BUTTERNUT
    ABILENE,TX79602     		    GENERAL SUPPORT 1,450
    BIG COUNTRY ATHLETIC HALL OF FAME
    25 GLEN ABBEY
    ABILENE,TX79606     		    GENERAL SUPPORT 1,700
    BOY SCOUTS OF AMERICA TEXAS TRAILS COUNCIL
    3811 N 1ST ST
    ABILENE,TX79601     		    GENERAL SUPPORT 15,000
    BOYS & GIRLS CLUB OF THE TEXAS HILL COUNTRY
    PO BOX 2307
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 25,000
    CANCER SERVICES NETWORK INC
    PO BOX 2026
    ABILENE,TX79604     		    GENERAL SUPPORT 7,500
    CENTENNIAL PARK CONSERVANCY
    PO BOX 196340
    NASHVILLE,TN37219     		    GENERAL SUPPORT 5,000
    CENTER FOR CONTEMPORARY ARTS
    220 CYPRESS
    ABILENE,TX79601     		    GENERAL SUPPORT 30,000
    CENTER FOR URBAN RENEWAL AND EDUCATION
    1317 F ST NW STE 900
    WASHINGTON,DC20004     		    GENERAL SUPPORT 1,000
    CHILDREN'S MIRACLE NETWORK
    1900 PINE ST
    ABILENE,TX79601     		    GENERAL SUPPORT 3,000
    CHORUS ABILENE
    PO BOX 3358
    ABILENE,TX79604     		    GENERAL SUPPORT 4,500
    CHRIST LUTHERAN CHURCH
    1419 CHERRY SPRINGS RD
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 10,000
    CHRISTIAN HOMES AND FAMILY SERVICES
    PO BOX 270/1202 ESTATES DR
    ABILENE,TX79604     		    GENERAL SUPPORT 20,000
    CHURCH OF THE HEAVENLY REST
    602 MEANDER ST
    ABILENE,TX79602     		    GENERAL SUPPORT 10,000
    COMMUNITY FOUNDATION OF ABILENE
    PO BOX 1001
    ABILENE,TX79604     		    GENERAL SUPPORT 1,749,000
    CYSTIC FIBROSIS FOUNDATION
    4040 N CENTRAL EXPRESSWAY SUITE 730
    DALLAS,TX75204     		    GENERAL SUPPORT 5,000
    DAY NURSERY OF ABILENE
    650 CEDAR ST
    ABILENE,TX79601     		    GENERAL SUPPORT 10,000
    DISABILITY RESOURCES INC
    PO BOX 1880
    ABILENE,TX79604     		    GENERAL SUPPORT 5,000
    DOSS VOLUNTEER FIRE DEPARTMENT
    PO BOX 301
    DOSS,TX78618     		    GENERAL SUPPORT 10,000
    ENCOUNTER BOOKS
    900 BROADWAY
    NEW YORK,NY10003     		    GENERAL SUPPORT 125,000
    EXPO CENTER OF TAYLOR COUNTY
    1700 EAST HIGHWAY 36
    ABILENE,TX79602     		    GENERAL SUPPORT 5,000
    FC DALLAS WEST TEXAS
    PO BOX 4113
    ABILENE,TX79608     		    GENERAL SUPPORT 3,750
    FEDERALIST SOCIETY FOR LAW & PUBLIC POLICY
    1776 I STREET NW SUITE 300
    WASHINGTON,DC20006     		    GENERAL SUPPORT 5,000
    FORT GRIFFIN FANDANGLE
    2 RAILROAD STREET
    ALBANY,TX76430     		    GENERAL SUPPORT 6,000
    FOUNDATION FOR ECONOMIC EDUCATION
    1819 PEACHTREE ST NE SUITE 300
    ATLANTA,GA30309     		    GENERAL SUPPORT 25,000
    FREDERICKSBURG CHORALE
    PO BOX 2724
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 10,000
    FREDERICKSBURG COMMUNITY ORCHESTRA
    PO BOX 1132
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 1,000
    FREDERICKSBURG FOOD PANTRY
    PO BOX 2165
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 10,850
    FREDERICKSBURG ISD EDUCATION FOUNDATION
    PO BOX 3446
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 39,750
    FREDERICKSBURG THEATER COMPANY
    1668 S US HIGHWAY 87
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 10,000
    FREDERICKSBURG VOLUNTEER FIRE DEPARTMENT
    124 WEST MAIN STREET
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 2,000
    FREDERICKSBURG YOUNG LIFE
    PO BOX 1367
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 10,000
    FRIENDS OF THE ABILENE PUBLIC LIBRARY
    202 CEDAR
    ABILENE,TX79601     		    GENERAL SUPPORT 500
    FRIENDS OF THE FREDERICKSBURG NATURE CENTER
    849 LOUDON RD
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 1,000
    FRONTIER TEXAS
    625 NORTH FIRST STREET
    ABILENE,TX79601     		    GENERAL SUPPORT 6,000
    FUND FOR AMERICAN STUDIES
    1706 NEW HAMPSHIRE AVE NW
    WASHINGTON,DC20009     		    GENERAL SUPPORT 25,000
    GEORGE W BUSH FOUNDATION
    2943 SMU BOULEVARD
    DALLAS,TX75205     		    GENERAL SUPPORT 625,000
    GILLESPIE COUNTY COMMITTEE ON AGING INC
    1009 N LINCOLN ST
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 20,000
    GILLESPIE COUNTY HISTORICAL SOCIETY INC
    325 W MAIN
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 31,000
    GILLESPIE COUNTY YOUTH LIVESTOCK SHOW
    1016 AVENUE C
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 6,000
    GLOBAL SAMARITAN RESOURCES
    PO BOX 3431
    ABILENE,TX79604     		    GENERAL SUPPORT 2,500
    GOODWILL INDUSTRIES OF DALLAS INC
    3020 N WESTMORELAND RD
    DALLAS,TX75212     		    GENERAL SUPPORT 25,000
    GREATER AMARILLO YOUNG LIFE
    PO BOX 1367
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 10,000
    GROVER NELSON PARK ZOOLOGICAL FOUNDATION
    733 BUTTERNUT ST
    ABILENE,TX79602     		    GENERAL SUPPORT 295,000
    HARDIN SIMMONS UNIVERSITY
    2200 HICKORY
    ABILENE,TX79698     		    GENERAL SUPPORT 250,000
    HENDRICK HOSPICE CARE
    1651 PINE ST
    ABILENE,TX79601     		    GENERAL SUPPORT 1,500
    HERITAGE SCHOOL
    107 E LOWER CRABAPPLE
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 80,000
    HILL COUNTRY CASA
    PO BOX 290965
    KERRVILLE,TX78029     		    GENERAL SUPPORT 5,000
    HILL COUNTRY COMMUNITY NEEDS COUNCIL
    PO BOX 73/209 S ACORN
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 85,000
    HILL COUNTRY MEMORIAL HOSPITAL
    PO BOX 835
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 100,500
    HILL COUNTRY SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS
    2981 S STATE HIGHWAY 16
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 5,000
    HILL COUNTRY UNIVERSITY CENTER FOUNDATION
    2818 E US HIGHWAY 290
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 20,000
    HILLSDALE COLLEGE
    33 EAST COLLEGE STREET
    HILLSDALE,MI49242     		    GENERAL SUPPORT 20,000
    HISTORIC PARAMOUNT THEATRE
    352 CYPRESS STREET PO BOX 1818
    ABILENE,TX79604     		    GENERAL SUPPORT 10,000
    HOUSTON GRAND OPERA
    510 PRESTON ST
    HOUSTON,TX77002     		    GENERAL SUPPORT 1,200,000
    INDEPENDENT WOMEN'S FORUM
    4 WEEMS LANE 312
    WINCHESTER,VA22601     		    GENERAL SUPPORT 5,000
    INTERESTED CITIZENS OF ABILENE NORTH (I-CAN)
    PO BOX 2226
    ABILENE,TX79604     		    GENERAL SUPPORT 300
    JOSEPH THOMAS FOUNDATION
    PO BOX 6042
    ABILENE,TX79608     		    GENERAL SUPPORT 5,000
    JUDICIAL WATCH
    425 THIRD ST SW SUITE 800
    WASHINGTON,DC20024     		    GENERAL SUPPORT 10,000
    JUNIOR ACHIEVEMENT OF ABILENE
    301 CYPRESS ST SUITE 310
    ABILENE,TX79601     		    GENERAL SUPPORT 20,000
    JUST FACTS INC
    3600 FM 1488 SUITE 120 248
    CONROE,TX77384     		    GENERAL SUPPORT 5,000
    KIWANIS CLUB OF ABILENE
    PO BOX 5273
    ABILENE,TX79608     		    GENERAL SUPPORT 500
    MD ANDERSON
    1515 HOLCOMBE BLVD
    HOUSTON,TX77030     		    GENERAL SUPPORT 15,000
    MANHATTAN INSTITUTE
    52 VANDERBILT AVENUE
    NEW YORK,NY10017     		    GENERAL SUPPORT 60,000
    MARCH OF DIMES BIG COUNTRY DIVISION
    402 CYPRESS SUITE 806
    ABILENE,TX79601     		    GENERAL SUPPORT 5,000
    MCMURRY UNIVERSITY
    MCM STATION BOX 98
    ABILENE,TX79697     		    GENERAL SUPPORT 1,102,500
    MEALS ON WHEELS PLUS INC
    PO BOX 903
    ABILENE,TX79604     		    GENERAL SUPPORT 1,000
    MEDIA RESEARCH CENTER
    325 S PATRICK ST
    ALEXANDRIA,VA22314     		    GENERAL SUPPORT 25,000
    METHODIST HEALTH SYSTEM FOUNDATION
    1441 N BECKLEY AVE
    DALLAS,TX75203     		    GENERAL SUPPORT 10,000
    NARROW GATE FOUNDATION
    PO BOX 267
    DUCK RIVER,TN38454     		    GENERAL SUPPORT 8,000
    NATIONAL ASSOCIATION OF SCHOLARS
    420 MADISON AVE 7TH FLOOR
    NEW YORK,NY10017     		    GENERAL SUPPORT 25,000
    NATIONAL CENTER FOR CHILDREN'S ILLUSTRATED LITERATURE
    PO BOX 2201
    ABILENE,TX79604     		    GENERAL SUPPORT 25,000
    NETWORK OF ENLIGHTENED WOMEN (NEW)
    1360 E CAPITOL ST NW
    WASHINGTON,DC20003     		    GENERAL SUPPORT 10,000
    NEW CRITERIONTHE FOUNDATION FOR CULTURAL REVIEW
    900 BROADWAY
    NEW YORK CITY,NY10003     		    GENERAL SUPPORT 35,000
    NOAH PROJECT
    5802 TEXAS AVENUE
    ABILENE,TX79605     		    GENERAL SUPPORT 200,000
    OLD JAIL ART CENTER
    201 S SECOND ST
    ALBANY,TX76430     		    GENERAL SUPPORT 50,000
    PARENTS TELEVISION COUNCIL
    PO BOX 4210
    BURBANK,CA91503     		    GENERAL SUPPORT 5,000
    PARENTS WHO CAREPROJECT GRADUATION
    PO BOX 5855
    ABILENE,TX79608     		    GENERAL SUPPORT 5,000
    PHILANTHROPY ROUNDTABLE
    1120 20TH ST NW SUITE 550 SOUTH
    WASHINGTON,DC20036     		    GENERAL SUPPORT 6,000
    PRAGER UNIVERSITY FOUNDATION
    15021 VENTURE BLVD 552
    SHERMAN OAKS,CA91403     		    GENERAL SUPPORT 50,000
    PREGNANCY RESOURCES OF ABILENE
    2110 N WILLIS
    ABILENE,TX79603     		    GENERAL SUPPORT 5,000
    RESCUE THE ANIMALS INC
    4620 N FIRST ST
    ABILENE,TX79603     		    GENERAL SUPPORT 10,000
    RICE UNIVERSITY
    OFFICE OF DEVELOPMENT PO BOX 77251
    HOUSTON,TX77251     		    GENERAL SUPPORT 25,000
    SALVATION ARMY
    PO BOX 6929/1726 BUTTERNUT
    ABILENE,TX79608     		    GENERAL SUPPORT 75,000
    SAVE OUR STATES
    1401 N LINCOLN BLVD
    OKLAHOMA CITY,OK73104     		    GENERAL SUPPORT 25,000
    SCALA FOUNDATION
    PO BOX 296
    PRINCETON,NJ08542     		    GENERAL SUPPORT 48,000
    SEMINARY OF THE SOUTHWEST
    501 EAST 32ND STREET
    AUSTIN,TX78705     		    GENERAL SUPPORT 50,000
    SERENITY FOUNDATION OF TEXAS
    1542 NORTH 3RD STREET
    ABILENE,TX79601     		    GENERAL SUPPORT 500,000
    SOUTH DAKOTA STATE UNIVERSITY FOUNDATION
    110 S PHILLIPS AVE
    SIOUX FALLS,SD57104     		    GENERAL SUPPORT 281,250
    SOUTHERN METHODIST UNIVERSITY
    OFFICE OF DEVELOPMENT PO BOX 750402
    DALLAS,TX75275     		    GENERAL SUPPORT 35,000
    ST JOHN'S EPISCOPAL SCHOOL
    1600 SHERMAN DRIVE
    ABILENE,TX79605     		    GENERAL SUPPORT 35,000
    ST PETER'S LUTHERAN CHURCH
    PO BOX 22
    DOSS,TX78618     		    GENERAL SUPPORT 10,000
    STONE OWL INSTITUTE
    102 CYPRESS ST
    ABILENE,TX79601     		    GENERAL SUPPORT 43,000
    TAYLOR COUNTY ADULT LITERACY COUNCIL
    1929 SOUTH 11TH ST
    ABILENE,TX79602     		    GENERAL SUPPORT 5,000
    TAYLOR COUNTY HISTORY CENTER AT BUFFALO GAP TEXAS
    133 N WILLIAM ST
    BUFFALO GAP,TX79508     		    GENERAL SUPPORT 5,000
    TEXAN BY NATURE
    3500 JEFFERSON SUITE 301
    AUSTIN,TX78731     		    GENERAL SUPPORT 10,000
    TEXAS BUSINESS HALL OF FAME FOUNDATION
    4550 POST OAK PLACE SUITE 342
    HOUSTON,TX77027     		    GENERAL SUPPORT 5,000
    TEXAS BUSINESS LEADERSHIP COUNCIL
    515 CONGRESS SUITE 2240
    AUSTIN,TX78701     		    GENERAL SUPPORT 5,000
    TEXAS HISTORICAL FOUNDATION
    PO BOX 50314
    AUSTIN,TX78763     		    GENERAL SUPPORT 5,000
    TEXAS LUTHERAN UNIVERSITY
    1000 W COURT ST
    SEGUIN,TX78155     		    GENERAL SUPPORT 250,000
    TEXAS RAMP PROJECT
    PO BOX 832065
    RICHARDSON,TX75083     		    GENERAL SUPPORT 15,000
    TEXAS STATE HISTORY MUSEUM FOUNDATION
    PO BOX 12456
    AUSTIN,TX78711     		    GENERAL SUPPORT 10,000
    TEXAS TECH UNIVERSITY FOUNDATION
    1508 KNOXVILLE AVE STE 315
    LUBBOCK,TX79409     		    GENERAL SUPPORT 250,000
    THE GOOD SAMARITAN CENTER
    140 INDUSTRIAL LOOP SUITE 100
    FREDERICKSBURG,TX78624     		    GENERAL SUPPORT 65,000
    THE GRACE MUSEUM
    102 CYPRESS ST
    ABILENE,TX79601     		    GENERAL SUPPORT 175,000
    THE HEART OF TEXAS FOUNDATION
    PO BOX 110
    BELLVILLE,TX77418     		    GENERAL SUPPORT 40,000
    THE HERITAGE FOUNDATION
    214 MASSACHUSETTS AVENUE NE
    WASHINGTON,DC20002     		    GENERAL SUPPORT 100,000
    THE LAURA W BUSH INSTITUTE FOR WOMEN'S HEALTH
    1650 PINE ST SUITE 2100
    ABILENE,TX79601     		    GENERAL SUPPORT 10,000
    THE REGIS SCHOOL OF THE SACRED HEART
    7330 WESTVIEW DR
    HOUSTON,TX77055     		    GENERAL SUPPORT 10,000
    THE SPARROW PROJECT
    906 NW 6TH STREET
    OKLAHOMA CITY,OK73106     		    GENERAL SUPPORT 5,000
    TRAINING GROUND
    PO BOX 49595
    COLORADO SPRINGS,CO80949     		    GENERAL SUPPORT 10,000
    TYTC FOUNDATION
    2082 QUANTUM LOOP
    ABILENE,TX79602     		    GENERAL SUPPORT 90,000
    UNITED WAY OF ABILENE
    PO BOX 82
    ABILENE,TX79604     		    GENERAL SUPPORT 575,500
    WACO FOUNDATION
    1227 N VALLEY MILLS DR STE 235
    WACO,TX76710     		    GENERAL SUPPORT 300,000
    WEST TEXAS REHABILITATION CENTER
    4601 HARTFORD
    ABILENE,TX79605     		    GENERAL SUPPORT 21,868
    WILDLIFE RESCUE AND REHABILITATION
    PO BOX 369
    KENDALIA,TX78027     		    GENERAL SUPPORT 1,250
    WILLOW CITY VOLUNTEER FIRE AND RESCUE INC
    2553 RANCH ROAD 1323
    WILLOW CITY,TX78675     		    GENERAL SUPPORT 10,000
    WREATHS ACROSS AMERICA
    PO BOX 249
    COLUMBIA FALLS,ME04623     		    GENERAL SUPPORT 500
    WYLIE BULLDOGS EDUCATION FOUNDATION
    6249 BUFFALO GAP RD
    ABILENE,TX79606     		    GENERAL SUPPORT 5,000
    WYLIE HIGH SCHOOL BAND BOOSTERS
    4502 ANTILLEY RD
    ABILENE,TX79602     		    GENERAL SUPPORT 1,000
    WYLIE HIGH SCHOOL PROJECT GRADUATION
    4502 ANTILLEY RD
    ABILENE,TX79606     		    GENERAL SUPPORT 500
    YOUNG AMERICA'S FOUNDATION
    11480 COMMERCE PARK DR SIXTH FLOOR
    RESTON,VA20191     		    GENERAL SUPPORT 10,000
    YOUNG LIFE ABILENE
    1140 N 2ND ST
    ABILENE,TX79601     		    GENERAL SUPPORT 65,000
    CHARITABLE CONTRIBUTIONS THROUGH PASSTHROUGH ENTITIES
    400 NORTH PINE STREET SUITE 1000
    ABILENE,TX79601     		    GENERAL SUPPORT 1,481
    Total .................................bullet 3a 14,159,357
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 173,455  
    4 Dividends and interest from securities....     14 1,506,716  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property..... 531110        
    6 Net rental income or (loss) from personal property          
    7 Other investment income..... 211110 2,578,023 14 16,200,781  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 4,198,894  
    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).. 2,578,023 22,079,846 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    24,657,869
    (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.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    DIAN GRAVES OWEN FOUNDATION
    EIN:
    75-2682536
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX RETURN & AUDITING FEES 55,272 27,636   27,636

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

    TY 2020 DepreciationSchedule
    Name:
    DIAN GRAVES OWEN FOUNDATION
    EIN:
    75-2682536
    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
    COMPUTER EQUIPMENT 1998-11-09 7,500 7,500 SL 5.000000000000 0 0    
    FURNITURE 2020-07-01 5,192   SL 7.000000000000 371 371    
    FURNITURE - INVESTMENT 2020-07-01 5,192   SL 7.000000000000 371 0    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DIAN GRAVES OWEN FOUNDATION
    EIN:
    75-2682536
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AESSF III PRIVATE INVESTORS 363,239 447,548
    AFFILIATED MANAGERS 304,375 415,038
    ALPHABET INC 976,487 1,447,681
    AMERICAN CAMPUS COMMUNITIES 291,378 328,003
    AMERICAN ELECTRIC POWER CO INC 192,840 215,336
    AMGEN INCORPORATED 343,983 405,579
    APPLE COMPUTER,INC. 474,052 933,341
    APTIV PLC 743,957 1,472,928
    ARTISAN INTL SM MID FD 1,347,668 1,794,021
    BALL CORP 583,625 836,197
    BERKSHIRE HATHAWAY 329,310 401,831
    BLACKROCK INC 279,267 396,847
    BLACKSTONE GROUP INC 370,367 461,253
    BROADCOM INC COM 312,567 440,039
    BROWN CAP MGMT INTL SM 1,230,267 1,761,315
    CAMDEN PROPERTY TRUST 121,201 134,292
    CARDINAL HEALTH INC 1,681,724 2,088,840
    CATALENT INC 611,736 1,199,719
    CAUSEWAY INTERNATIONAL V 3,355,657 4,461,942
    CHEVRON CORPORATION 274,788 329,186
    CHEVRON CORPORATION 436,839 372,593
    CISCO SYSTEMS 344,804 404,809
    CITIGROUP 344,050 419,781
    CLARIVATE ANALYTICS PLC 933,046 1,484,341
    COCA-COLA CO 358,067 424,571
    CONCHO RESOURCES INC 2,462,602 5,134,800
    CVS HEALTH CORP 363,102 367,522
    DANAHER CORP 957,329 1,877,083
    DANONE 317,131 310,418
    EATON CORP PLC 184,266 280,287
    FACEBOOK INC 1,076,942 1,290,954
    FAIRFAX 425,238 357,477
    FIRST FINANCIAL BANKSHARES INC 1,653,054 8,562,912
    FISERV INC 817,150 1,208,624
    GENERAL MOTORS CO 337,987 464,119
    GIF IV PRIVATE INVESTORS OFFSHORE LP 60,517 17,540
    HALOZYME THERAPEUTICS INC 1,050,874 1,572,112
    HOME DEPOT INC 184,077 254,198
    HONEYWELL INTERNATIONAL INC 343,025 498,356
    INTUIT INC 787,851 986,850
    INVITATION HOMES INC 120,835 126,611
    IQVIA HOLDINGS INC 1,039,531 1,672,731
    JOHNSON & JOHNSON INC 390,099 465,215
    JOHNSON & JOHNSON 238,628 303,429
    JP MORGAN CHASE & CO 254,150 337,498
    JPMORGAN CHASE & CO 590,663 794,950
    KLA-TENCOR CORP 131,480 257,098
    LIBERTY GLOBAL INC 351,850 305,463
    LOCKHEED MARTIN CORP 356,130 378,054
    LUMEN TECHNOLOGIES INC 382,133 272,054
    MAGNA INTL INC 258,229 475,918
    MAIN STREET CAPITAL CORP 3,652,757 7,103,505
    MCDONALDS CORP 263,278 334,959
    MEDTRONIC PLC 235,749 315,927
    MERCK & CO INC NEW 448,162 547,569
    MICROSOFT CORP 1,033,084 1,432,830
    MICROSOFT CORP 86,980 164,368
    MICROSOFT CORP 574,048 1,035,365
    MONDELEZ INTL INC 311,414 391,983
    NEW YORK TIMES CO 433,760 744,504
    NIKE CLASS B 197,909 378,715
    NOVARTIS AG 310,073 386,124
    PALO ALTO NETWORKS INC 1,070,737 1,614,537
    PAYPAL HOLDINGS INC 580,222 723,210
    PEG DIGITAL GROWTH FUND OFFSHIORE 0 30,108
    PEG DIGITAL GROWTH FUND SPECIAL II 1,131,625 518,703
    PEPSICO INC 324,379 407,677
    POWER CORP CANADA 275,943 342,353
    PROGRESSIVE CORP 702,121 1,197,635
    RESOLUTE FOREST PROD 74,651 62,091
    S P X FLOW INC 218,910 358,425
    SALESFORCE.COM INC 890,349 1,096,850
    SHERWIN WILLIAMS CO 925,065 1,228,770
    SOUTHWEST AIRLINES CO 881,954 890,624
    STARBUCKS CORP 275,593 449,423
    STARBUCKS CORP 812,984 1,308,151
    STORE CAPITAL CORPORATION 218,124 301,165
    THE WALT DISNEY CORP 326,818 539,554
    TWITTER 433,607 440,023
    TWITTER INC 645,859 1,230,613
    VERIZON COMMUNICATIONS 268,457 294,866
    VISA INC 789,328 1,430,275
    VODAFONE 491,562 351,271
    WCM FOCUSED INTL GROWTH 2,860,131 4,376,155
    WELLS FARGO & CO 1,427,272 1,957,958

    TY 2020 InvestmentsOtherSchedule2
    Name:
    DIAN GRAVES OWEN FOUNDATION
    EIN:
    75-2682536
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ABILENE ENCAP ETF I, LP AT COST 3,672,460 3,963,110
    BBT MASTER FUND LIQ TR AT COST 3,353 0
    BOOTSMEAD LAND LLC AT COST 93,037 0
    BOOTSMEAD LEASCO, LLC AT COST 4,324,047 4,066,091
    CARSON/HICKSMUSE LION FUND AT COST 16,109 0
    ELLIOTT INT"L LIMITED-HEDGE FD AT COST 446,456 464,794
    ENCAP ENERGY CAPITAL FD V-B AT COST 300,831 34,241
    ENCAP ENERGY CAPITAL FD VI-B AT COST 786,440 60,528
    ENCAP FUND VII-B AT COST 3,205,581 146,350
    FOUNDING PARTNERS DESIGNEE, LLC AT COST 1,468 0
    FOUNDING PARTNERS STABLE VALUE II AT COST 2,772 0
    FREESTONE METAL PARTNERS AT COST 0 176,554
    FREESTONE PARTNERS II AT COST 55,244 0
    HOG PARTNERSHIP AT COST 496,343 810,022
    MANSEFEDLT TRAILHEAD PRTNRS AT COST 500,624 602,652
    MANSEFELDT ANCOR PARTNERS AT COST 3,044,124 7,651,680
    MANSEFELDT CLEARINGHOUSE PARTNERS AT COST 592 0
    MANSEFELDT ENERGY PARTNERS I AT COST 947,649 108,000,000
    MANSEFELDT EV FUND XII PARTNERS AT COST 212,149 0
    MANSEFELDT FLATROCK MIDSTREAM II AT COST 206,827 681,982
    MANSEFELDT FLATROCK MIDSTREAM III AT COST 1,565,783 3,245,205
    MANSEFELDT FLATROCK MIDSTREAM IV AT COST 753,909 2,593,386
    MANSEFELDT FRASER MCCOMBS VENTURES AT COST 352,099 0
    MANSEFELDT FUND IX PARTNERS AT COST 4,970,907 4,087,116
    MANSEFELDT FUND VIII PARTNERS AT COST 1,588,954 1,992,960
    MANSEFELDT FUND VIII PARTNERS CO INVEST AT COST 3,929,777 3,090,211
    MANSEFELDT FUND X PARTNERS AT COST 8,400,827 12,167,098
    MANSEFELDT FUND XI PARTNERS AT COST 2,504,719 2,133,551
    MANSEFELDT GRAYROCK PARTNERS AT COST 510,192 1,266,750
    MANSEFELDT MIDSTREAM PARTNERS AT COST 0 201,677
    MANSEFELDT PBC III PARTNERS AT COST 278,939 457,488
    MANSEFELDT PBC IV PARTNERS AT COST 2,114,094 2,989,616
    MANSEFELDT PBC V PARTNERS AT COST 209,824 236,584
    MANSEFELDT PENNYBACKER PARTNERS AT COST 826 0
    MANSEFELDT SLR PARTNERS AT COST 571,394 556,794
    MANSEFELDT TW MIDSTREAM AT COST 68,944 1,698,644
    MANSEFELDT TW MIDSTREAM III AT COST 498,538 3,625,407
    NEXLUBE OPERATING LLC AT COST 1,721,036 860,518
    RECEPTOR LOGIC AT COST 10,960 0

    TY 2020 LandEtcSchedule2
    Name:
    DIAN GRAVES OWEN FOUNDATION
    EIN:
    75-2682536
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER EQUIPMENT 7,500 7,500 0  
    SOFTWARE 2,150 2,150 0  
    SOFTWARE 1,534 1,534 0  
    SOFTWARE 1,596 1,596 0  
    FURNITURE 5,192 371 4,821  
    FURNITURE - INVESTMENT 5,192 371 4,821  


    TY 2020 OtherExpensesSchedule
    Name:
    DIAN GRAVES OWEN FOUNDATION
    EIN:
    75-2682536
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES -14,856 0   0
    OFFICE & ADMINISTRATIVE EXPENSE 18,303 9,152   9,151
    OIL & GAS ROY.DEDS FROM PASSTHROUGH 2,019,514 2,019,514   0
    OIL & GAS IDC DEDUCTIONS FROM PASSTHROUGH 1,743,525 0   0
    OIL & GAS COST DEPLETION INVESTMENT DEDUCTIONS FROM PASSTHROUGH 377,218 377,218   0
    PORTFOLIO DEDUCTS FROM PASSTHROUGH 330,388 330,388   0
    OTHER DEDUCTIONS FROM PASSTHROUGH 558,200 0   0
    NON-DEDUCTIBLE EXP FROM PASSTHROUGH 36,410 0   0
    OTHER NON-DEDUCTIBLE EXPENSES & BOOK ADJUSTMENTS 20,960 0   0
    OIL & GAS COST DEPLETION UBIT DEDUCTIONS FROM PASSTHROUGH 517,603 0   0
    NON-DEDUCTIBLE OIL & GAS DEPLETION FROM PASSTHROUGH 422,325 0   0


    TY 2020 OtherIncomeSchedule2
    Name:
    DIAN GRAVES OWEN FOUNDATION
    EIN:
    75-2682536
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OIL & GAS ROY.INC.FROM PARTNERSHIPS 16,200,393 16,200,393 16,200,393
    OTHER INC.(LOSS) FROM PASSTHROUGH 35,880 164,513 35,880
    OTHER PORTFOLIO INC FROM PASSTHROGH 40,896 40,896 40,896
    OTHER INCOME FROM PASSTHROUGH 217,139 0 217,139
    NON TAX DIVIDEND DIST 5,416 0 5,416
    ORDINARY INCOME FROM PASSTHROUGH 2,278,692 0 2,278,692
    TAX EXEMPT INCOME FROM PASSTHROUGH 388 0 388


    TY 2020 OtherLiabilitiesSchedule
    Name:
    DIAN GRAVES OWEN FOUNDATION
    EIN:
    75-2682536
    Description Beginning of Year - Book Value End of Year - Book Value
    MANSEFELDT MIDSTREAM PARTNERS 125,365 113,835
    PEG DIGITAL GROWTH FUND OFFSHIORE 1,006 0
    FREESTONE METAL PARTNERS 5,949 14,537
    MANSEFELDT OAK VALLEY 1,524 1,524
    MANSEFELDT PBC V PARTNERS 15,346 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    DIAN GRAVES OWEN FOUNDATION
    EIN:
    75-2682536
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 540,053 540,053   0


    TY 2020 TaxesSchedule
    Name:
    DIAN GRAVES OWEN FOUNDATION
    EIN:
    75-2682536
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAX EXPENSE 42,597 16,438   26,159
    FOREIGN TAXES 34,549 34,549   0