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
Sid W Richardson Foundation
 
% PETE GEREN
Number and street (or P.O. box number if mail is not delivered to street address)309 Main Street
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Fort Worth, TX76102
A Employer identification number

75-6015828
B Telephone number (see instructions)

(817) 336-0494
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$708,724,016J 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) 1,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4,117,057 4,117,057  
5a Gross rents............ 1,804 1,804  
b Net rental income or (loss) 1,804
6a Net gain or (loss) from sale of assets not on line 10 115,322,863
b Gross sales price for all assets on line 6a 357,365,237
7 Capital gain net income (from Part IV, line 2)... 115,322,863
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances 354
b Less: Cost of goods sold.... 354
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment 7,064,356 6,083,542  
12 Total. Add lines 1 through 11........ 126,507,080 125,525,266 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 712,483 176,246   536,211
14 Other employee salaries and wages...... 876,552 87,735   777,524
15 Pension plans, employee benefits....... 1,564,896 53,178   321,965
16a Legal fees (attach schedule)......... Click to see attachment 53,851 17,935 0 33,916
b Accounting fees (attach schedule)....... Click to see attachment 50,336 12,493 0 37,050
c Other professional fees (attach schedule).... Click to see attachment 991,045 912,965   77,480
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,958,336 232,028    
19 Depreciation (attach schedule) and depletion... Click to see attachment 290,287 26,378  
20 Occupancy.............. 270,056 50,845   220,093
21 Travel, conferences, and meetings....... 117     3,226
22 Printing and publications.......... 939     939
23 Other expenses (attach schedule)....... Click to see attachment 366,073 13,384   373,282
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,134,971 1,583,187 0 2,381,686
25 Contributions, gifts, grants paid....... 22,281,448 21,675,541
26 Total expenses and disbursements. Add lines 24 and 25 29,416,419 1,583,187 0 24,057,227
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 97,090,661
b Net investment income (if negative, enter -0-) 123,942,079
c Adjusted net income (if negative, enter -0-)... 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............. 989,778 629,695 629,695
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet46,369,449
Less: allowance for doubtful accounts bullet   1,117,484 46,369,449 46,369,449
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.............. 2,524 1,595 1,595
9 Prepaid expenses and deferred charges.......... 25,008 101,307 101,307
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment74,402,893 74,402,893
b Investments—corporate stock (attach schedule)....... 289,815,145 Click to see attachment289,729,722 289,729,722
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet3,906,447
Less: accumulated depreciation (attach schedule) bullet2,268,570 1,638,698 1,637,877 53,177,892
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 149,435,390 Click to see attachment58,023,705 58,023,705
14 Land, buildings, and equipment: basis bullet9,752,842
Less: accumulated depreciation (attach schedule) bullet5,316,366 4,585,832 4,436,476 3,651,045
15 Other assets (describe bullet) Click to see attachment10,758,332 Click to see attachment10,758,332 Click to see attachment182,636,713
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 458,368,191 486,091,051 708,724,016
Liabilities 17 Accounts payable and accrued expenses.......... 1,353,250 1,526,928
18 Grants payable................. 3,630,000 4,312,500
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 attachment4,634,143 Click to see attachment4,972,335
23 Total liabilities (add lines 17 through 22)......... 9,617,393 10,811,763
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........... 448,750,798 475,279,288
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    
29 Total net assets or fund balances (see instructions)..... 448,750,798 475,279,288
30 Total liabilities and net assets/fund balances (see instructions). 458,368,191 486,091,051
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
448,750,798
2
Enter amount from Part I, line 27a .....................
2
97,090,661
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
545,841,459
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
70,562,171
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
475,279,288
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 STOCKS (LONG-TERM) P    
b STOCKS (SHORT-TERM) P    
c TREASURY NOTES P    
d HEDGE FUNDS 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 70,148,646   35,743,651 34,404,995
b 1,420,028   1,491,380 -71,352
c 145,441,738   145,238,371 203,367
d 140,354,825   59,568,972 80,785,853
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       34,404,995
b       -71,352
c       203,367
d       80,785,853
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 2 115,322,863
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 0
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 1,722,795
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 1,722,795
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 1,722,795
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,341,487
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 450,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,791,487
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 8,990
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 59,702
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet59,702 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? Click to see list of attachments....................
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$   (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 changesClick to see list of attachments....
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.Click to see list of attachments
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.sidrichardson.org
    14
    The books are in care ofbulletPETE GEREN Telephone no.bullet (817) 336-0494

    Located atbullet309 MAIN STREETFORT WORTHTX ZIP+4bullet76102
    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
     
    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
     
     
    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
    EDWARD P BASS CHAIRMAN/DIRECTOR
    2.0     		2,500 0 0
    309 Main Street
    Fort Worth,TX76102
    SID R BASS VICE PRESIDENT/DIRECTOR
    1.0     		2,500 0 0
    309 Main Street
    Fort Worth,TX76102
    LEE M BASS VICE PRESIDENT/DIRECTOR
    1.0     		2,500 0 0
    309 Main Street
    Fort Worth,TX76102
    PRESTON M GEREN III President/CEO
    35.0     		786,822 132,869 2,771
    309 Main Street
    Fort Worth,TX76102
    DEE STEER SECRETARY
    1.0     		0 0 0
    309 Main Street
    Fort Worth,TX76102
    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
    CAROLYN JOHNS SENIOR ADMIN OFFICER
    35.0     		130,319 40,184 2,771
    309 MAIN STREET
    FORT WORTH,TX76102
    SHANDA RANELLE BUSINESS MANAGER
    38.0     		128,977 35,334 2,771
    309 MAIN STREET
    FORT WORTH,TX76102
    SCOTT WINTERROWD MUSEUM DIRECTOR
    40.0     		105,404 17,551 2,771
    309 MAIN STREET
    FORT WORTH,TX76102
    LES CLEERE SITE/EXHIBITS. COORD
    40.0     		74,200 29,704 2,494
    309 MAIN STREET
    FORT WORTH,TX76102
    LESLIE THOMPSON DIRECTOR ADULT AUD.
    40.0     		66,319 28,963 3,038
    309 MAIN STREET
    FORT WORTH,TX76102
    Total number of other employees paid over $50,000...................bullet 3
    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
    LUTHER KING CAPITAL MANAGEMENT INVESTMENT MGMT 775,047
    301 COMMERCE STREET SUITE 1600
    FORT WORTH,TX76102
    THE DEBERRY GROUP PUBLIC RELATIONS 97,507
    110 BROADWAY SUITE 625
    SAN ANTONIO,TX78205
    JP MORGAN CHASE BANK TRUST CUSTODIAN 89,690
    712 MAIN 13TH FLOOR NORTH
    HOUSTON,TX77002
    WILLIAM H KOEHLER EDUCATION CONSULTANT 75,000
    6417 DRURY LANE
    FORT WORTH,TX76116
    NU-DESIGN IT/WEB/MEDIA CONSULT 64,678
    PO BOX 14116
    ARLINGTON,TX76094
    Total number of others receiving over $50,000 for professional services.............bullet1
    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 WESTERN ART MUSEUM - INCOME FOR 2019 WAS $354; APPROXIMATELY 9,240 PEOPLE VISITED THE MUSEUM IN 2020 PRIOR TO TEMPORARILY CLOSING THE MUSEUM DUE TO COVID-19 1,125,306
    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.........................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
    289,268,299
    b
    Average of monthly cash balances.......................
    1b
    15,263,298
    c
    Fair market value of all other assets (see instructions)................
    1c
    184,132,785
    d
    Total (add lines 1a, b, and c).........................
    1d
    488,664,382
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    488,664,382
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    7,329,966
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    481,334,416
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    24,066,721
    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
    24,066,721
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,722,795
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,722,795
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    22,343,926
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    76,593
    5
    Add lines 3 and 4............................
    5
    22,420,519
    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
    22,420,519
    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
    24,057,227
    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
    87,558
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    24,144,785
    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
    24,144,785
    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 22,420,519
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 396,344
    b From 2016...... 296,996
    c From 2017...... 604,597
    d From 2018...... 878,206
    e From 2019...... 538,337
    fTotal of lines 3a through e........ 2,714,480
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 24,144,785
    a Applied to 2019, but not more than line 2a 0
    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..... 22,420,519
    e Remaining amount distributed out of corpus 1,724,266
    5 Excess distributions carryover applied to 2020.    
    (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 4,438,746
    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......     		 
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		396,344
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		4,042,402
    10 Analysis of line 9:
    a Excess from 2016.... 296,996
    b Excess from 2017.... 604,597
    c Excess from 2018.... 878,206
    d Excess from 2019.... 538,337
    e Excess from 2020.... 1,724,266
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    PETE GEREN
    309 MAIN STREET
    FORT WORTH,TX76102
    (817) 336-0494
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER DESCRIBING PROGRAM OR PROJECT; SEE MORE INFORMATION AT WWW.SIDRICHARDSON.ORG
    cAny submission deadlines:
    JANUARY 15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SERVES THE PEOPLE OF TEXAS IN THE ARTS, HUMANITIES, HEALTH AND EDUCATION.
    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
    SEE ATTACHED SCHEDULE
    306 MAIN STREET
    FORT WORTH,TX76102     		NONE   SUPPORT 21,675,541
    Total .................................bullet 3a 21,675,541
    bApproved for future payment
    SEE ATTACHED SCHEDULE
    306 MAIN STREET
    FORT WORTH,TX76102     		NONE   SUPPORT 4,312,500
    Total .................................bullet 3b 4,312,500
    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 ...........     		         
    4 Dividends and interest from securities....     14 4,117,057  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     03 1,804  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 115,322,863  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOIL & GAS ROYALTIES     		    15 5,961,926  
    bOIL & GAS LEASE BONUSES & EASEMENTS     15 117,771  
    cMISC. GAIN/LOSS ON INVESTMENTS     15 3,845  
    dDEFERRED EXCISE TAXES     18 980,814  
    e
    12 Subtotal. Add columns (b), (d), and (e)..   126,506,080  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    126,506,080
    (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.)
    N/A N/A
    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:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BKD, LLP -AUDIT & TAX REVIEW 50,336 12,493   37,050

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

    TY 2020 DepreciationSchedule
    Name:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    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

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC 5,142,128 5,142,128
    ADOBE INC 9,002,160 9,002,160
    AIR PRODUCTS & CHEMICALS INC 5,464,400 5,464,400
    AKAMAI TECHNOLOGIES INC 5,039,520 5,039,520
    ALPHABET INC 3,978,493 3,978,493
    AMAZON.COM 10,959,569 10,959,569
    AMGEN INC 4,046,592 4,046,592
    APPLE INC 12,735,586 12,735,586
    BANK OF AMERICA CORP 3,636,291 3,636,291
    CABOT OIL & GAS CORP 3,256,000 3,256,000
    CINTAS CORP 6,786,432 6,786,432
    COCA-COLA CO 3,798,492 3,798,492
    COLGATE PALMOLIVE CO 1,668,728 1,668,728
    COMERICA INC 3,703,518 3,703,518
    CONOCOPHILLIPS 1,845,339 1,845,339
    CULLEN FROST BANKERS INC 4,185,732 4,185,732
    DANAHER CORP 7,320,624 7,320,624
    ECOLAB INC 5,409,000 5,409,000
    FACEBOOK INC 3,385,818 3,385,818
    FMC CORP 9,192,676 9,192,676
    FRANKLIN ELECTRIC CO 2,512,323 2,512,323
    GENERAC HOLDINGS 9,096,400 9,096,400
    GLACIER BANCORP 3,680,110 3,680,110
    HOME DEPOT INC 5,417,320 5,417,320
    HONEYWELL INTERNATIONAL INC 5,954,536 5,954,536
    IDEX CORP 3,426,240 3,426,240
    JOHNSON & JOHNSON 3,147,600 3,147,600
    JPMORGAN CHASE & CO 5,237,190 5,237,190
    KIMBERLY-CLARK CORP 3,908,722 3,908,722
    MARTIN MARIETTA MATERIALS 4,471,107 4,471,107
    MERCK & CO INC 2,617,191 2,617,191
    MICROSOFT CORP 14,232,656 14,232,656
    MONDELEZ INTERNATIONAL CORP 3,554,099 3,554,099
    NATIONAL INSTRUMENTS CORP 1,500,771 1,500,771
    NEOGEN CORP 4,668,391 4,668,391
    ORACLE CORP 3,881,400 3,881,400
    PAYPAL HOLDINGS INC 9,157,220 9,157,220
    PEPSICO INC 4,447,517 4,447,517
    PERKINELMER INC 9,182,565 9,182,565
    PFIZER INC 4,121,616 4,121,616
    PROCTER & GAMBLE CO 4,172,809 4,172,809
    ROPER TECHNOLOGIES INC 7,845,838 7,845,838
    STRYKER CORP 5,586,912 5,586,912
    THERMO FISHER SCIENTIFIC INC 9,315,600 9,315,600
    TORO CO 3,034,406 3,034,406
    TRACTOR SUPPLY CO 4,497,154 4,497,154
    TRIMBLE INC 6,677,000 6,677,000
    UNION PACIFIC CORP 5,995,695 5,995,695
    US BANCORP 3,603,503 3,603,503
    VALMONT INDUSTRIES INC 3,218,712 3,218,712
    VF CORP 3,825,087 3,825,087
    XYLEM INC 4,580,550 4,580,550
    ZOETIS INC 5,295,172 5,295,172
    ALCON INC 2,639,200 2,639,200
    WASTE CONNECTIONS INC 4,670,012 4,670,012

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    US Government Securities - End of Year Book Value:

    74,402,893
    US Government Securities - End of Year Fair Market Value:

    74,402,893
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    JPMORGAN CHASE MONEY MARKET   1,205,802 1,205,802
    JP. CHASE U.S. GOVT MONEY MKT   54,415,940 54,415,940
    WELLS FARGO BUS PERFORM SAV   863,671 863,671
    PIMCO FUND   1,538,292 1,538,292

    TY 2020 LegalFeesSchedule
    Name:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    KELLY HART & HALLMAN 48,851 17,935   28,916
    MCDONALD SANDERS 5,000     5,000


    TY 2020 OtherAssetsSchedule
    Name:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ART COLLECTION   10,648,737 182,527,118
    MUSEUM DIGITAL IMAGES   109,595 109,595


    TY 2020 OtherDecreasesSchedule
    Name:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 70,562,171


    TY 2020 OtherExpensesSchedule
    Name:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUPPLIES 15,624 3,882   11,335
    MUSEUM SECURITY 29,898     39,620
    MUSEUM PUBLIC RELATIONS 60,595     57,190
    ART CONSERVATION 11,011     11,011
    MUSEUM EXHIBITS 37,773     37,773
    MUSEUM ADVERTISING 41,246     41,368
    MUSEUM DUES & FEES 2,068     2,068
    IT SUPPORT & SOFTWARE 55,470 233   75,805
    MEALS 2,850 129   1,171
    MUSEUM EDUCATION PROGRAMS 23,639     21,404
    MUSEUM STORE EXPENSES 3,235 3,235    
    FOUNDATION DUES & FEES 32,337     32,337
    PROFESSIONAL DEVELOPMENT 2,864 196   2,668
    MISCELLANEOUS 47,463 5,709   39,532


    TY 2020 OtherIncomeSchedule2
    Name:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OIL & GAS ROYALTIES 5,961,926 5,961,926  
    OIL & GAS LEASE BONUSES & EASEMENTS 117,771 117,771  
    MISC. GAIN/LOSS ON INVESTMENTS 3,845 3,845  
    DEFERRED EXCISE TAXES 980,814    


    TY 2020 OtherLiabilitiesSchedule
    Name:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED TAXES PAYABLE 3,533,160 2,552,346
    ACCRUED POSTRETIREMENT BENEFITS OBLIGATION 1,100,983 2,419,989


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUST CUSTODIAL FEES 89,690 89,690    
    INVESTMENT MANAGEMENT 775,047 775,047    
    ANALYSIS OF AD VALOREM TAXES 1,200 1,200    
    APPRAISAL OF MINERALS 47,028 47,028    
    EDUCATION CONSULTANT 75,000     75,000
    GRANT CONSULTANT 1,800     1,200
    BIENNIAL REPORT 1,280     1,280


    TY 2020 TaxesSchedule
    Name:
    Sid W Richardson Foundation
    EIN:
    75-6015828
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AD VALOREM TAXES 232,028 232,028    
    EXCISE TAXES 1,726,308