Form990-PF
Click to see list of attachments

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
THE TOBIN ENDOWMENT
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 90869
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN ANTONIO, TX78209
A Employer identification number

74-6478848
B Telephone number (see instructions)

(210) 930-5160
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$82,287,054J 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      
4 Dividends and interest from securities... 1,683,528 1,683,528  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -137,660
b Gross sales price for all assets on line 6a 13,748,975
7 Capital gain net income (from Part IV, line 2)...  
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 73,000 73,000  
12 Total. Add lines 1 through 11........ 1,618,868 1,756,528  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 477,802 238,901   238,901
14 Other employee salaries and wages...... 162,525 81,263   81,262
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 118,355 62,276   56,079
b Accounting fees (attach schedule)....... Click to see attachment 115,000 57,500   57,500
c Other professional fees (attach schedule).... Click to see attachment 15,243 7,022   8,221
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 40,142 18,125   6,288
19 Depreciation (attach schedule) and depletion... Click to see attachment 8,923    
20 Occupancy.............. 54,008 27,004   27,004
21 Travel, conferences, and meetings....... 2,247 1,124   1,124
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 227,242 131,714   95,528
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,221,487 624,929   571,907
25 Contributions, gifts, grants paid....... 1,881,234 1,881,234
26 Total expenses and disbursements. Add lines 24 and 25 3,102,721 624,929   2,453,141
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,483,853
b Net investment income (if negative, enter -0-) 1,131,599
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............. 4,240 318 318
2 Savings and temporary cash investments......... 292,628 142,896 142,896
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet       104,685
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) 12,535,020 Click to see attachment8,938,184 8,938,185
b Investments—corporate stock (attach schedule)....... 43,734,940 Click to see attachment43,679,033 52,633,361
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,839,425 Click to see attachment7,858,371 8,238,386
14 Land, buildings, and equipment: basis bullet778,128
Less: accumulated depreciation (attach schedule) bullet   103,801 Click to see attachment778,128 2,975,412
15 Other assets (describe bullet) Click to see attachment3,150,036 Click to see attachment4,762,897 Click to see attachment9,253,811
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 67,660,090 66,159,827 82,287,054
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment16,410  
23 Total liabilities (add lines 17 through 22)......... 16,410 0
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........... 67,643,680  
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)..... 67,643,680 66,159,827
30 Total liabilities and net assets/fund balances (see instructions). 67,660,090 66,159,827
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
67,643,680
2
Enter amount from Part I, line 27a .....................
2
-1,483,853
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
66,159,827
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
66,159,827
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 2020-01-01 2020-12-31
b PUBLICLY TRADED SECURITIES P 2019-01-01 2020-12-31
c PUBLICLY TRADED SECURITIES P 2019-01-01 2020-12-31
d
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 12,451,666   12,368,978 82,688
b 252,493   678,011 -425,518
c 1,044,816   839,646 205,170
d
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       82,688
b       -425,518
c       205,170
d
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 -137,660
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 15,729
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 15,729
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 15,729
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 28,590
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 28,590
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 12,861
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet12,861 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    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
    Yes
     
    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 addressbullethttps://tobinendowment.org
    14
    The books are in care ofbulletASEL & ASSOCIATES PLLC Telephone no.bullet (210) 554-5665

    Located atbullet4725 COLLEGE PARK SUITE 200SAN ANTONIOTX ZIP+4bullet78249
    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
    SEE STATEMENT 14 FOR DETAILS CHAIRMAN
    40.00     		477,802    
    PO BOX 90869
    SAN ANTONIO,TX78209
    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
    SEE STATEMENT 15 FOR DETAILS EXEC. ASSISTANT
    40.00     		103,909 3,523  
    9819 CAROWINDS DRIVE
    SAN ANTONIO,TX78251
    SEE STATEMENT 15 FOR DETAILS MAINTENANCE MGR
    40.00     		58,616 1,807  
    302 IRA LEE ROAD
    SAN ANTONIO,TX78218
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    ASEL & ASSOCIATES PLLC ACCOUNTING 115,000
    4725 COLLEGE PARK SUITE 200
    SAN ANTONIO,TX78249
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 ADMINISTRATION AND OPERATION OF THE TOBIN ESTATE CONFERENCE FACILITY FOR FREE-OF-CHARGE USE BY NONPROFIT ORGANIZATIONS HOLDING MEETINGS AND FUNCTIONS TO ADVANCE THEIR CHARITABLE ACTIVITIES. 57,467
    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
    56,182,917
    b
    Average of monthly cash balances.......................
    1b
    90,057
    c
    Fair market value of all other assets (see instructions)................
    1c
    10,389,446
    d
    Total (add lines 1a, b, and c).........................
    1d
    66,662,420
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    66,662,420
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    999,936
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    65,662,484
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,283,124
    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
    3,283,124
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    15,729
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    15,729
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,267,395
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    3,267,395
    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
    3,267,395
    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
    2,453,141
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,453,141
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,453,141
    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 3,267,395
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017...... 1,617,844
    d From 2018...... 819,692
    e From 2019......  
    fTotal of lines 3a through e........ 2,437,536
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,453,141
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 2,453,141
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020. 814,254 814,254
    (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 1,623,282
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,623,282
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 803,590
    c Excess from 2018.... 819,692
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    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:
    MR J BRUCE BUGG JR CHAIRMAN
    PO BOX 90869
    SAN ANTONIO,TX78209
    (210) 930-5160
    bThe form in which applications should be submitted and information and materials they should include:
    ORGANIZATIONS MUST BE TAX-EXPEMPT UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. GRANT REQUESTS MUST BE SUBMITTED IN WRITING, SPECIFYING PURPOSE OF FUNDS REQUESTED AND INCLUDE IRS 501(C)(3) TAX-EXEMPTION LETTER.
    cAny submission deadlines:
    NO FORMAL DEADLINES FOR SUBMISSION
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE TOBIN ENDOWMENT SUPPORTS AND PROMOTES THE ARTS, TOGETHER WITH OTHER CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL ORGANIZATIONS, BY MAKING DIRECT QUALIFYING DISTRIBUTIONS (CONTRIBUTIONS) TO PUBLIC CHARITIES, PRIVATE OPERATING FOUNDATIONS AND OTHER QUALIFYING 501(C)(3) ORGANIZATIONS.
    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
    ALAMO PUBLIC TELECOMMUNICATIONS COUNCIL
    PO BOX 9
    SAN ANTONIO,TX78291     		NONE PC CHARITABLE CONTRIBUTION FOR THE LOCAL SUPPORT CHALLENGE DURING KLRN-TV'S MEMBERSHIP CAMPAIGN 20,000
    TEXAS BIOMEDICAL RESEARCH INSTITUTE
    P O BOX 760549
    SAN ANTONIO,TX78245     		NONE PC SUPPORT TO HELP UNDERWRITE THE COSTS FOR THE TEXAS BIOMEDICAL RESEARCH INSTITUTE FOUNDER'S COUNCIL HOLIDAY RECEPTION 50,000
    MCNAY ART MUSEUM
    6000 NORTH NEW BRAUNFELS
    SAN ANTONIO,TX78209     		NONE PC SUPPORT FOR THE UNDERWRITING THE COST OF OPERATING THE CURATORIAL DEPARTMENT OF THE TOBIN COLLECTION OF THEATRE ARTS AND THE TOBIN WING, AND LEAD UNDERWRITING OF THE DINING WITH THE MASTERS: FASHION NIRVANA. 185,000
    THE SANTA FE OPERA
    P O BOX 2408
    SANTA FE,NM87504     		NONE PC SUPPORT THE FINANCIALS POSITION OF THE SANTA FE OPERA FOR THE FISCAL YEAR ENDING SEPTEMBER 30,2020, AND THE CREATION OF THE THOMAS B. CATRON III & JUNE ELLIS CATRON ENDOWMENT FUND. 35,000
    THE CHARITY BALL ASSOCIATION OF SAN ANTO
    PO BOX 90869
    SAN ANTONIO,TX78209     		NONE PC SUPPORT FOR SAN ANTONIO'S CHILDREN'S CHARITIES AS A GRAND PATRON 10,000
    PHIL HARDBERGER PARK CONSERVANCY
    1021 VOELCKER LANE 4
    SAN ANTONIO,TX78248     		NONE PC SUPPORT FOR THE CONSTRUCTION OF THE "ROBERT L.B. TOBIN LAND BRIDGE" AT THE PHIL HARDBERGER PARK 300,000
    TEXAS TRIBUNE INC
    919 CONGRESS AVENUE SIXTH FLOOR
    AUSTIN,TX78701     		NONE PC OPERATIONAL SUPPORT AND FOR A NEW INNOVATION FUND TO IMPLEMENT NEW STRATEGIC PLAN 200,000
    SAN ANTONIO PUBLIC LIBRARY FOUNDATI
    625 SHOOK DRIVE
    SAN ANTONIO,TX78212     		NONE PC SUPPORT FOR THE SEVENTH ANNUAL "SAN ANTONIO BOOK FESTIVAL" 25,000
    ELF LOUISE INC
    PO BOX 39295
    SAN ANTONIO,TX78218     		NONE PC SUPPORT FOR THE ELF LOUIS CHRISTMAS PROJECT 15,000
    UNITED WAY OF SAN ANTONIO BEXAR COU
    700 S ALAMO STREET
    SAN ANTONIO,TX78205     		NONE PC SUPPORT THE MASTERS LEADERSHIP PROGRAM OF GREATER SAN ANTONIO FOR 2019 - 2020 PROGRAM 5,000
    BEXAR COUNTY PERFORMING ARTS CENTER
    115 AUDITORIUM CIRCLE
    SAN ANTONIO,TX78205     		NONE PC UNDERWRITE THE TICKETS FOR THE PERFORMANCE OF REMEMBER AT THE TOBIN CENTER 3,150
    BEXAR COUNTY PERFORMING ARTS CENTER
    115 AUDITORIUM CIRCLE
    SAN ANTONIO,TX78205     		NONE PC SUPPORT FOR THE ANNUAL FUNDRAISING EVENT 25,000
    BEXAR COUNTY PERFORMING ARTS CENTER
    115 AUDITORIUM CIRCLE
    SAN ANTONIO,TX78205     		NONE PC SUPPORT THE SAN ANTONIO PHILANTHROPIC EVENT AT THE TOBIN CENTER ON MARCH 24, 2020. 10,000
    CHILDREN'S HOSPITAL OF SAN ANTONIO
    100 NE LOOP 410 SUITE 706
    SAN ANTONIO,TX78216     		NONE PC SUPPORT FOR THE CHILDREN'S HOSPITAL OF SAN ANTONIO'S AND WAITING AREA WITHIN THE H-E-B EMERGENCY DEPARTMENT 100,000
    THE CHILDRENS SHELTER
    2939 W WOODLAWN AVENUE
    SAN ANTONIO,TX78228     		NONE PC SUPPORT FOR THE "FAMILY TAPESTRY" INITIATIVE. 136,000
    GIRL SCOUTS OF SOUTHWEST TEXAS
    811 N COKER LOOP
    SAN ANTONIO,TX78216     		NONE PC SUPPORT THE FUND INITIATIVE FOR THE GIRL SCOUTS OF SOUTHWEST TEXAS TO PROVIDE NEARLY 15,000 GIRLS THE OPPORTUNITY TO LEARN ABOUT THE PERFORMANCE AND VISUAL ARTS IN THE SAN ANTONIO AREA AND EARN THE "TOBIN ENDOWMENT ART" PATCH 35,000
    RIVARD REPORT
    126 GONZALES STREET 100
    SAN ANTONIO,TX78205     		NONE PC SUPPORT THE COVID-19 RELIEF CHALLENGE MADE BY THE TOBIN ENDOWMENT, WHICH THE RIVARD REPORT HAS MATCHED. 50,000
    ALAMO TRUST
    321 ALAMO PLAZA SUITE 200
    SAN ANTONIO,TX78205     		NONE PC SUPPORT FOR THE PREMIERE PRODUCTION OF "REMEMBER", A MUSICAL TELLING OF THE BATTLE OF 1836. 42,084
    BIOBRIDGE GLOBAL
    6211 W INTERSTATE 10
    SAN ANTONIO,TX78201     		NONE PC SUPPORT FOR THE CREATION OF COMMUNITY LABS TO HELP FIGHT AGAINST COVID-19 IN THE SAN ANTONIO COMMUNITY. 500,000
    TEXAS HERITAGE SONGWRITERS ASSOCIAT
    2121 LOHMANS CROSSING ROAD STE 504
    AUSTIN,TX78734     		NONE PC SUPPORT SPONSOR FOR THE TEXAS HERITAGE SONGWRITERS HOMECOMING WEEKEND IN AUSTIN, TEXAS ON FEBRUARY 21-22, 2020 25,000
    OLMOS ENSEMBLE
    PO BOX 701864
    SAN ANTONIO,TX78270     		NONE PC SUPPORT THE OLMOS ENSEMBLE'S PERFORMANCE WITH VADIM GLUXMAN AND TIMOTHY JONES ON NOVEMBER 7, 2020. 10,000
    SAN ANTONIO AREA FOUNDATION
    303 PEARL PARKWAY SUITE 114
    SAN ANTONIO,TX78215     		NONE PC SUPPORT FOR THE COVID-19 RESPONSE FUND WHICH IS SET UP TO ASSIST SAN ANTONIO AREA NON-PROFITS AFFECTED BY THE COVID-19 OUTBREAK. 100,000
    Total .................................bullet 3a 1,881,234
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 1,683,528  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -137,660  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aLITIGATION PROCEEDS     		    18 5,242  
    bOIL & GAS ROYALTIES     15 51,546  
    cSETTLMENT PROCEEDS     1 16,212  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,618,868  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,618,868
    (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: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ASEL & ASSOCIATES, PLLC 115,000 57,500 0 57,500

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    6,100 SHS. ALLINZ SE SPONS 144,875 149,798
    20,000 SHS. ASTRAZENECA PLC ADR 747,404 999,800
    4,400 SHS. BAE SYTEMS PLC 128,950 117,594
    1,350 SHS. BHP BILLITION LTD 48,793 88,209
    3,200 SHS. DEUTSCHE POST AG 93,312 158,573
    20,000 SHS. GALP ENERGIA SGPS SA 117,463 107,120
    4,250 SHS. ING GROEP N V 52,604 40,120
    3,000 SHS. INTESA SANPAOLO 47,042 42,123
    4,900 SHS. MUNICH RE GROUP 91,520 145,569
    5,000 SHS. NOVARTIS AG ADR 363,014 472,150
    10,600 SHS. RTL GROUP SA UNSPONS 96,583 51,537
    1,450 SHS. RIO TINTO PLC 51,729 109,069
    4,200 SHS. ROLS ROYCE HLDGS 56,560 6,388
    1,991 SHS. ROYAL DUTCH SHELL 108,584 69,964
    2,600 SHS. SIEMENS A G SPONS ADR 135,315 186,930
    270 SHS. SOUTH 32 LTD 2,248 2,573
    3,950 SHS. SWEDBANK AB ADR 88,583 69,319
    4,300 SHS. VODAFONE GROUP PLC 134,478 70,864
    850 SHS. WPP PLC SPONS ADR 94,035 45,968
    50,000 SHS. AT&T INCORPORATED 1,675,026 1,438,000
    10,000 SHS. ABBVIE INC 781,005 1,071,500
    1,000 SHS. ALPHABET INC CAP 1,287,461 1,752,640
    30,000 SHS. APPLE COMPUTER 2,550,161 3,980,700
    10,000 SHS. BANK AMERICA CORP 335,499 303,100
    10,000 SHS. BERKSHIRE HATHAWAY 1,147,922 2,318,700
    2,500 SHS. BOEING COMPANY 393,875 535,150
    10,000 SHS. BRISTOL-MYERS SQUIBB 574,534 620,300
    25,000 SHS. CHEVRON TEXACO INC 2,335,005 2,111,250
    10,000 SHS. CISCO SYSTEMS 456,858 447,500
    20,000 SHS. COCA COLA CO 772,580 1,096,800
    20,000 SHS. CONOCO PHILLIPS CO 1,032,686 799,800
    15,000 SHS. DISNEY WALT CO 1,494,564 2,717,700
    3,333 SHS. DOW INC 233,014 184,982
    20,000 SHS. EOG RES INC 1,464,025 997,400
    10,000 SHS. EXTRA SPACE STORAGE 703,846 1,158,600
    25,000 SHS. EXXON MOBIL CORP 2,152,862 1,030,500
    1,000 SHS. FACEBOOK INC COM 171,170 273,160
    10,000 SHS. FRANKLIN RESOURCES 504,311 249,900
    20,000 SHS. FREEPORT MCMORAN 508,670 520,400
    50,000 SHS. GENERAL ELECTRIC 1,702,174 540,000
    5,000 SHS. GOLDMAN SACHS 1,047,355 1,318,550
    20,000 SHS. HONEYWELL INC 2,288,638 4,254,000
    15,000 SHS. JP MORGAN CHASE & CO 976,368 1,906,050
    10,000 SHS. JOHNSON & JOHNSON 1,024,381 1,573,800
    10,000 SHS. MERCK & CO INC NEW 581,347 818,000
    5,000 SHS. NIKE INC CLASS B 260,999 707,350
    10,000 SHS. PFIZER INCORPORATED 323,768 368,100
    20,000 SHS. PROCTOR & GAMBLE CO 1,732,727 2,782,800
    5,000 SHS. STARBUCKS CORP 285,595 534,900
    25,000 SHS. WELLS FARGO & CO 1,197,366 754,500
    705 SHS. INGERSOLL RAND PLC 15,475 32,120
    COVERED CALL OPTIONS WRITTEN 232,969 498,300
    100 SHS. AMAZON.COM INC 204,247 325,693
    5,000 SHS. CATERPILLAR INC. 718,146 910,100
    500 SHS. NETFLIX COM INC. 182,525 270,365
    5,000 SHS. UNION PACIFIC CORP 866,272 1,041,100
    2,752 SHS. HSBC HOLDINGS PLC 103,059 71,304
    20,000 SHS. CITIGROUP INC 1,246,100 1,233,200
    10,000 SHS. DUPONT DE NEMOURS 793,102 711,100
    10,000 SHS. MICRON TECHNOLOGY 460,048 751,800
    10,000 SHS. OCCIDENTAL PETROLEUM 473,328 173,100
    20,000 SHS CARRIER GLOBAL CORP 308,800 754,400
    5,000 SHS MICROSOFT 1,065,835 1,112,100
    1,250 SHS OCCIDENTAL PETE CORP 6,188 8,513
    10,000 SHS ORACLE CORP 564,099 646,900
    10,000 SHS OTIS WORLDWIDE CORP 459,400 675,500
    5,000 SHS PNC FIN'L SERVICES 638,332 745,000
    20,000 SHS RAYTHEON TECHNOLOGIES 1,155,200 1,430,200
    800 SHS TRANE TECHNOLOGIES 52,962 116,128
    1,240 SHS VIATRIS, INC   23,238

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    20011551
    Software Version:
    2020v4.0
    US Government Securities - End of Year Book Value:

    8,938,184
    US Government Securities - End of Year Fair Market Value:

    8,938,185
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT - OAKWELL HOLDINGS, LLC FMV 222,960 221,491
    INVESTMENT - TOBIN MANAGEMENT SERVICES FMV 51,611 56,000
    MINERAL INTEREST FMV 1,140 1,140
    OIL & GAS ROYALTY INTERESTS FMV 15,468 189,920
    ROYALTY INTERESTS UPTON COUNTY FMV 51,854 51,854
    R/E LIEN NOTES - ROSEWOOD FMV 7,015,338 7,015,338
    PROMISSORY NOTES RECEIVABLE - ROSEWOOD FMV 500,000 500,000
    PROMISSORY NOTE FMV   202,643

    TY 2020 LandEtcSchedule2
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Land 778,128   778,128 2,975,412


    TY 2020 LegalFeesSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ANDY TAYLOR & ASSOCIATES, PC 76,375 38,188 0 38,187
    DAVIS & SANTOS, PC 25,743 12,872 0 12,871
    GOLDEN STEVES COHEN & GORDON, LLP 6,195 6,195 0 0
    THOMPSON & KNIGHT, LLP 10,042 5,021 0 5,021


    TY 2020 OtherAssetsSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ARTWORK & OTHER PROPERTY 1,550,036 1,550,036 6,040,950
    NOTE RECEIVABLE - BEXAR CO PERFORMING AR 1,100,000 2,200,000 2,200,000
    NOTE RECEIVABLE - TOBIN THEATRE ARTS FUN 500,000 1,000,000 1,000,000
    PREPAID EXCISE TAX   12,861 12,861


    TY 2020 OtherExpensesSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUTOMOBILIE EXPENSE 3,981 1,991   1,990
    BANK SERVICE CHARGES 561 281   280
    CUSTODIAL FEES 40,223 40,223    
    DUES AND SUBCRIPTIONS 30,938 15,469   15,469
    EMPLOYEE BENEFITS 3,642 1,821   1,821
    INSURANCE EXPENSE 57,420 28,710   28,710
    LICENSES AND PERMITS 375 188   187
    MEALS AND ENTERTAINMENT 4,043     4,043
    MISCELLANEOUS EXPENSE 4,366 2,183   2,183
    OFFICE EXPENSES 28,644 14,322   14,322
    PAYROLL PROCESSING 5,465 2,733   2,732
    POSTAGE AND DELIVERY 1,203 602   601
    REPAIRS AND MAINTENANCE 17,708 8,854   8,854
    SECURITY 748 374   374
    STORAGE 10,220 5,110   5,110
    TELEPHONE 3,131 1,566   1,565
    UTILITIES 14,574 7,287   7,287


    TY 2020 OtherIncomeSchedule2
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LITIGATION PROCEEDS 5,242 5,242  
    OIL & GAS ROYALTIES 51,546 51,546  
    SETTLMENT PROCEEDS 16,212 16,212  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUBLIN & ASSOCIATES 1,200 0 0 1,200
    IRON EDGE GROUP 12,963 6,482 0 6,481
    TEXAS CREATIVE 1,080 540 0 540


    TY 2020 TaxesSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 15,729      
    PAYROLL TAXES 12,576 6,288   6,288
    PROPERTY TAXES 11,837 11,837