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
THE ALICE KLEBERG REYNOLDS MEYER
FOUNDATION FROST NATIONAL BANK TR
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 2127
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AUSTIN, TX78768
A Employer identification number

74-2847652
B Telephone number (see instructions)

(514) 473-4804
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$37,644,202J 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 267,755 267,755  
4 Dividends and interest from securities... 376,640 376,640  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -418,630
b Gross sales price for all assets on line 6a 1,696,037
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 37 37  
12 Total. Add lines 1 through 11........ 225,802 644,432  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 114,875 114,875    
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,600 6,600    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 27,816 1,742    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 6,195 6,195    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 155,486 129,412   0
25 Contributions, gifts, grants paid....... 1,576,950 1,576,950
26 Total expenses and disbursements. Add lines 24 and 25 1,732,436 129,412   1,576,950
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,506,634
b Net investment income (if negative, enter -0-) 515,020
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.............      
2 Savings and temporary cash investments......... 1,605,140 1,604,659 1,604,659
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 10,476,433 Click to see attachment9,749,001 27,228,329
c Investments—corporate bonds (attach schedule)....... 9,040,707 Click to see attachment8,261,986 8,811,214
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,122,280 19,615,646 37,644,202
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)    
23 Total liabilities (add lines 17 through 22).........   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...........    
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 21,122,280 19,615,646
29 Total net assets or fund balances (see instructions)..... 21,122,280 19,615,646
30 Total liabilities and net assets/fund balances (see instructions). 21,122,280 19,615,646
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
21,122,280
2
Enter amount from Part I, line 27a .....................
2
-1,506,634
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
19,615,646
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
19,615,646
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 2100 SHS OCCIDENTAL PETROLEUM CORP P   2020-03-12
b 248571.43 AMGEN INC 3.875% P   2020-12-16
c .36 SHS RAYTHEON P   2020-04-28
d 868 SHS VIATRIS INC P   2020-12-31
e 300,000 MICROSOFT 1.85% P   2020-01-12
300,000 AMERICAN EXMTN 2.3355% P   2020-02-03
51428.57 AMGEN INC 3.875% P   2020-03-25
1500 SHS DELTA AIR LINES INC P   2020-06-15
300,000 MORGAN STANLEY 5.5% P   2020-07-24
2400 SHS CARNIVAL CORP P   2020-07-28
54000 ANHEUSER BUSCH 2.5% P   2020-08-14
92000 MEDTRONIC INC 3.5% P   2020-10-29
1000 SHS WELLS FARGO & CO P   2020-11-04
.552 SHS VIATRIS INC P   2020-11-30
500 SHS EOG RES P   2020-12-03
2000 SHS WELLS FARGO & CO P   2020-12-03
3000 SHS ROYAL DUTCH SHELL P   2020-12-03
(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 29,440   157,677 -128,237
b 256,379   253,183 3,196
c 23   23  
d 15,382   7,960 7,422
e 300,000   300,000  
300,000   300,000  
51,429   52,477 -1,048
43,705   82,298 -38,593
300,000   336,331 -36,331
35,784   124,462 -88,678
56,300   52,484 3,816
103,723   98,724 4,999
21,789   42,520 -20,731
9   7 2
23,852   52,578 -28,726
56,789   85,040 -28,251
101,433   168,903 -67,470
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       -128,237
b       3,196
c        
d       7,422
e        
       
      -1,048
      -38,593
      -36,331
      -88,678
      3,816
      4,999
      -20,731
      2
      -28,726
      -28,251
      -67,470
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 -418,630
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 7,159
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 7,159
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 7,159
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 23,600
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 23,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 16,441
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet16,441 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.AKRFOUNDATION.ORG
    14
    The books are in care ofbulletFROST NATIONAL BANK, CHRISTINE BOYD Telephone no.bullet (514) 473-4804

    Located atbulletP O BOX 2127AUSTINTX ZIP+4bullet78768
    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
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    FROST NATIONAL BANK
    CHRISTINE BOYD     		TRUSTEE
    4.00     		114,875 0 0
    P O BOX 2127
    AUSTIN,TX78768
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    32,498,745
    b
    Average of monthly cash balances.......................
    1b
    1,435,970
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    33,934,715
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    33,934,715
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    509,021
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    33,425,694
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,671,285
    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
    1,671,285
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    7,159
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,159
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,664,126
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,664,126
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,664,126
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,576,950
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,576,950
    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
    1,576,950
    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 1,664,126
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,576,914
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,576,950
    a Applied to 2019, but not more than line 2a 1,576,914
    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..... 36
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		1,664,090
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    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.
    NONE
    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:
    FROST NATIONAL BK
    C/O CHRISTINE BOYD
    401 CONGRESS AVE
    AUSTIN,TX78701
    (512) 473-4804
    CHRISTINE.BOYD@FROSTBANK.COM
    bThe form in which applications should be submitted and information and materials they should include:
    1) THE REQUEST FOR THE GRANT SHOULD BE RECEIVED ON THE ORGANIZATIONS LETTERHEAD AND SIGNED BY A MEMBER OF THEIR BOARD OF DIRECTORS OR AN OFFICER OF THE ORGANIZATION. 2) THE LETTER SHOULD CONTAIN THE FOLLOWING INFORMATION: A) SPECIFIC INFORMATION RELATED TO THE DESIRED USE OF THE GRANT. B) A COPY OF THE ORGANIZATIONS EXEMPTION LETTER FROM INTERNAL REVENUE SERVICE, INCLUDING THE LAST 2 YEARS' 990 TAX RETURNS.
    cAny submission deadlines:
    SEPTEMBER 15TH OF EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE RESTRICTED TO ORGANIZATIONS WHOSE CHARITABLE PURPOSES SHALL BE LIMITED TO AND SHALL INCLUDE ONLY MEDICAL, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES AND THE ARTS, WITHIN THE MEANING OF THOSE TERMS AS HAVE BEEN DETERMINED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, BUT ONLY SUCH PURPOSES AS ALSO CONSTITUTE PUBLIC CHARITABLE PURPOSES UNDER THE LAW OF TRUSTS OF THE STATE OF TEXAS. GRANTS ARE FURTHER RESTRICTED TO THOSE ABOVE MENTIONED ORGANIZATIONS THAT WILL USE THE DISTRIBUTION EXCLUSIVELY WITHIN SPECIFIED SOUTH TEXAS COUNTIES.
    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
    PEOPLE'S COMMUNITY CLINIC
    1101 CAMINO LA COSTA
    AUSTIN,TX78752     		NONE PC PROGRAM SERVICES/EXPENSES 25,000
    PEOPLE'S COMMUNITY CLINIC
    1101 CAMINO LA COSTA
    AUSTIN,TX78752     		NONE PC PROGRAM SERVICES/EXPENSES 5,150
    THE ANN RICHARDS SCHOOL FOUNDATION
    PO BOX 41072
    AUSTIN,TX78704     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    THE ANN RICHARDS SCHOOL FOUNDATION
    PO BOX 41072
    AUSTIN,TX78704     		NONE PC PROGRAM SERVICES/EXPENSES 35,000
    MONTROSE COUNSELING CENTER INC DB
    401 BRANARD STREET
    HOUSTON,TX77006     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    CENTRO CULTURAL AZTLAN
    1800 FREDERICKSBURG RD
    SAN ANTONIO,TX78201     		NONE PC PROGRAM SERVICES/EXPENSES 27,500
    FUERZA UNIDA
    710 NEW LAREDO HWY
    SAN ANTONIO,TX78211     		NONE PC PROGRAM SERVICES/EXPENSES 40,000
    SHERI DESPAIN
    9011 MOUNTAIN RIDGE
    AUSTIN,TX78759     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    VISITATION HOUSE MINISTRIES INC
    945 W HUISACHE
    SAN ANTONIO,TX78201     		NONE PC PROGRAM SERVICES/EXPENSES 7,500
    GIRLS INC OF SAN ANTONIO
    2214 BASSE RD
    SAN ANTONIO,TX78213     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    RED SALMON ARTS
    2000 THRASHER LN
    AUSTIN,TX78741     		NONE PC PROGRAM SERVICES/EXPENSES 25,000
    JUMP-START PERFORMANCE CO
    710 FREDERICKSBURG ROAD
    SAN ANTONIO,TX78201     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    JUMP-START PERFORMANCE CO
    710 FREDERICKSBURG RD
    SAN ANTONIO,TX78201     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    CAPITAL OF TEXAS PUBLIC TELECOMMUNI
    PO BOX 7158
    AUSTIN,TX78713     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    CAPITAL OF TEXAS PUBLIC TELECOMMUNI
    PO BOX 7158
    AUSTIN,TX78713     		NONE PC PROGRAM SERVICES/EXPENSES 12,000
    HOUSTON AREA WOMEN'S CENTER
    1010 WAUGH DRIVE
    HOUSTON,TX77019     		NONE PC PROGRAM SERVICES/EXPENSES 20,000
    GIRL SCOUTS OF SOUTHWEST TEXAS
    811 N COKER LOOP
    SAN ANTONIO,TX78216     		NONE PC PROGRAM SERVICES/EXPENSES 3,750
    GIRL SCOUTS OF SOUTHWEST TEXAS
    812 N COKER LOOP
    SAN ANTONIO,TX78216     		NONE PC PROGRAM SERVICES/EXPENSES 2,500
    HEALTH ALLIANCE FOR AUSTIN MUSICIAN
    3010 SOUTH LAMAR SUITE 20
    AUSTIN,TX78704     		NONE PC PROGRAM SERVICES/EXPENSES 20,000
    HEALTH ALLIANCE FOR AUSTIN MUSICIAN
    3011 SOUTH LAMAR SUITE 20
    AUSTIN,TX78704     		NONE NC PROGRAM SERVICES/EXPENSES 1,000
    COURT APPOINTED SPECIAL ADVOCATES O
    P O BOX 4
    CORPUS CHRISTI,TX78403     		NONE PC PROGRAM SERVICES/EXPENSES 3,000
    CENTER FOR CHILD PROTECTION
    8509 FM 969 BUILDING 2
    AUSTIN,TX78724     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    TOWN LAKE TRAIL FOUNDATION DBA THE
    PO BOX 5195
    AUSTIN,TX78763     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    GIRL SCOUTS OF SAN JACINTO COUNCIL
    3110 SOUTHWEST FREEWAY
    HOUSTON,TX77098     		NONE PC PROGRAM SERVICES/EXPENSES 2,500
    GIRL SCOUTS OF SAN JACINTO COUNCIL
    3111 SOUTHWEST FREEWAY
    HOUSTON,TX77098     		NONE PC PROGRAM SERVICES/EXPENSES 2,500
    EASTSIDE YOUTH SERVICES AND STREET
    POBOX 1415
    AUSTIN,TX78767     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    DIVERSEWORKS
    3400 MAIN STREET SUITE 2
    HOUSTON,TX77002     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    LA PEA INC
    227 CONGRESS AVE
    AUSTIN,TX78701     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    THE TEXAS TRIBUNE
    919 CONGRESS AVE SIXTH
    AUSTIN,TX78701     		NONE PC PROGRAM SERVICES/EXPENSES 25,000
    AUSTIN FILM FESTIVAL INC
    1801 SALINA STREET
    AUSTIN,TX78702     		NONE PC PROGRAM SERVICES/EXPENSES 27,500
    TEXAS FREEDOM NETWORK EDUCATION FUN
    PO BOX 1624
    AUSTIN,TX78767     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    BIG BROTHERS BIG SISTERS OF CENTRAL
    4800 MANOR RD BLDG K
    AUSTIN,TX78723     		NONE PC PROGRAM SERVICES/EXPENSES 3,650
    HOUSTON CENTER FOR PHOTOGRAPHY
    1441 WEST ALABAMA
    HOUSTON,TX77006     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    MARTINEZ STREET WOMEN'S CENTER
    801 N OLIVE
    SAN ANTONIO,TX78202     		NONE SO I PROGRAM SERVICES/EXPENSES 40,000
    MARTINEZ STREET WOMEN'S CENTER
    802 N OLIVE
    SAN ANTONIO,TX78202     		NONE PC PROGRAM SERVICES/EXPENSES 12,000
    WONDERS &AMP WORRIES INC
    9101 BURNET ROAD STE 205
    AUSTIN,TX78758     		NONE PC PROGRAM SERVICES/EXPENSES 30,000
    THE CONTEMPORARY AUSTIN MUSEUM INC
    3809 W 35TH STREET
    AUSTIN,TX78703     		NONE PC PROGRAM SERVICES/EXPENSES 2,000
    ESPERANZA PEACE AND JUSTICE CENTER
    922 SAN PEDRO AVE
    SAN ANTONIO,TX78212     		NONE PC PROGRAM SERVICES/EXPENSES 30,000
    ESPERANZA PEACE AND JUSTICE CENTER
    923 SAN PEDRO AVE
    SAN ANTONIO,TX78212     		NONE PC PROGRAM SERVICES/EXPENSES 30,000
    GAZELLE FOUNDATION
    PO BOX 1487
    AUSTIN,TX78767     		NONE PC PROGRAM SERVICES/EXPENSES 25,000
    ALZHEIMER'S TEXAS
    7719 WOOD HOLLOW DRIVE S
    AUSTIN,TX78731     		NONE PC PROGRAM SERVICES/EXPENSES 25,000
    GIRL SCOUTS OF GREATER SOUTH TEXAS
    2410 BEVECREST
    CORPUS CHRISTI,TX78415     		NONE PC PROGRAM SERVICES/EXPENSES 3,000
    CANDLELIGHT RANCH
    PO BOX 26367
    AUSTIN,TX78755     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    LAWNDALE ART AND PERFORMANCE CENTER
    2123 UNIVERSITY BOULEVARD
    HOUSTON,TX77002     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    ODYSSEY AFTER SCHOOL ENRICHMENT PRO
    P O BOX 237
    ROCKPORT,TX78381     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    ZACHARY SCOTT THEATER CENTER (DBA Z
    1510 TOOMEY ROAD
    AUSTIN,TX78704     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    CHILDREN'S ADVOCACY CENTER OF THE C
    5959 S STAPLES STE 230
    CORPUS CHRISTI,TX78413     		NONE PC PROGRAM SERVICES/EXPENSES 3,000
    AMERICAN GATEWAYS FKA PAPA
    314 E HIGHLAND MALL BLVD
    AUSTIN,TX78752     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    CENTER FOR WOMEN &AMP THEIR WORK
    1710 LAVACA
    AUSTIN,TX78701     		NONE PC PROGRAM SERVICES/EXPENSES 25,000
    MERCY MINISTRIES OF LAREDO
    2500 ZACATECAS ST
    LAREDO,TX78046     		NONE PC PROGRAM SERVICES/EXPENSES 7,500
    LESBIAN HEALTH INTITIATIVE OF HOUST
    401 BRANARD ST
    HOUSTON,TX77006     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    CASA DE MISERICORDIA
    PO BOX 6184
    LAREDO,TX78042     		NONE PC PROGRAM SERVICES/EXPENSES 7,500
    ARTPACE INC
    445 NORTH MAIN AVENUE
    SAN ANTONIO,TX78205     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    PLANNED PARENTHOOD SOUTH TEXAS
    2140 BABCOCK ROAD
    SAN ANTONIO,TX78229     		NONE PC PROGRAM SERVICES/EXPENSES 35,000
    PLANNED PARENTHOOD SOUTH TEXAS
    2141 BABCOCK ROAD
    SAN ANTONIO,TX78229     		NONE PC PROGRAM SERVICES/EXPENSES 20,000
    FOREVER FOUNDATION FOR TEXASTEXAS
    6644 FM 1102
    NEW BRAUNFELS,TX78132     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    MAKE-A-WISH FOUNDATION OF CENTRAL &
    2224 WALSH TARLTON LANE S
    AUSTIN,TX78746     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    HELPING HAND HOME FOR CHILDREN
    3804 AVENUE B
    AUSTIN,TX78751     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    OFICINA LEGAL DEL PUEBLO UNIDO INC
    1405 MONTOPOLIS DRIVE
    AUSTIN,TX78741     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    THE WOMEN'S FUND FOR HEALTH EDUCATI
    5353 WEST ALABAMA SUITE 6
    HOUSTON,TX77056     		NONE PC PROGRAM SERVICES/EXPENSES 7,500
    CONJUNTO HERITAGE TALLER
    PO BOX 10447
    SAN ANTONIO,TX78210     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    HIL COUNTRY CONSERVANCY
    PO BOX 163125
    AUSTIN,TX78716     		NONE PC PROGRAM SERVICES/EXPENSES 3,000
    ALLISON ORR DANCE INC (DBA FORKLIF
    2023 CESAR CHAVEZ
    AUSTIN,TX78702     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    SAN ANTO CULTURAL ARTS INC
    2120 EL PASO
    SAN ANTONIO,TX78207     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    AUSTIN PARKS FOUNDATION
    1023 SPRINGDALE ROAD 4B
    AUSTIN,TX78721     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    GREATER EDWARDS AQUIFER ALLIANCE
    PO BOX 15618
    SAN ANTONIO,TX78212     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    LEGACY COMMUNITY HEALTH
    1415 CALIFORNIA ST
    HOUSTON,TX77006     		NONE PC PROGRAM SERVICES/EXPENSES 20,000
    UNIVERSITY OF TEXAS MD ANDERSON
    1515 HOLCOMBE BLVD
    HOUSTON,TX77030     		NONE NC PROGRAM SERVICES/EXPENSES 3,000
    USEFUL WILD PLANTS OF TEXAS
    2612 SWEENEY LANE
    AUSTIN,TX78723     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    FOOD BANK OF THE RIO GRANDE VALLEY
    724 N CAGE
    PHARR,TX78577     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    PLANNED PARENTHOOD GULF COAST INC
    4600 GULF FREEWAY
    HOUSTON,TX77023     		NONE PC PROGRAM SERVICES/EXPENSES 35,000
    SEEDLING FOUNDATION (SEEDLING)
    8001 CENTRE PARK DRIVE S
    AUSTIN,TX78754     		NONE PC PROGRAM SERVICES/EXPENSES 2,000
    THE UNIVERSITY OF TEXAS SYSTEM
    210 WEST 7TH STREET
    AUSTIN,TX78701     		NONE NC PROGRAM SERVICES/EXPENSES 10,000
    GREATER AUSTIN CRIME COMMISSION
    815 BRAZOS SUITE 701
    AUSTIN,TX78701     		NONE PC PROGRAM SERVICES/EXPENSES 20,000
    HEALTH START FOUNDATION INC
    3710 CEDAR STREET RM 227
    AUSTIN,TX78705     		NONE PC PROGRAM SERVICES/EXPENSES 7,500
    HONOR FLIGHT AUSTIN
    815 A-BRAZOS ST UPS BOX
    AUSTIN,TX78701     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    I LIVE HERE I GIVE HERE
    1310 S 1ST STREET SUITE
    AUSTIN,TX78704     		NONE PC PROGRAM SERVICES/EXPENSES 2,000
    PLANNED PARENTHOOD OF GREATER TEXAS
    7424 GREENVILLE AVENUE S
    DALLAS,TX75231     		NONE PC PROGRAM SERVICES/EXPENSES 50,000
    BOYS &AMP GIRLS CLUBS OF AUSTIN AN
    6648 ED BLUESTEIN BLVD
    AUSTIN,TX78723     		NONE PC PROGRAM SERVICES/EXPENSES 2,500
    SPECIAL FORCES CHARITABLE TRUST
    PO BOX 53 ESSEX
    ESSEX,CT06426     		NONE PC PROGRAM SERVICES/EXPENSES 150,000
    THE SAFE ALLIANCE (SAFE STOP ABUS
    PO BOX 19454
    AUSTIN,TX78760     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    FRIENDS OF THE CORPUS CHRISTI MUSEU
    1900 N CHAPARRAL
    CORPUS CHRISTI,TX78401     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    SAN ANTONIO FOOD BANK
    5200 ENRIQUE M BARRERA P
    SAN ANTONIO,TX78227     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    PEASE PARK CONSERVANCY
    PO BOX 50065
    AUSTIN,TX78763     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    AUSTIN ED FUND
    1111 W 6TH ST SUITE C-
    AUSTIN,TX78703     		NONE PC PROGRAM SERVICES/EXPENSES 2,500
    MOBILE LOAVES &AMP FISHES INC
    9301 HOG EYE ROAD SUITE
    AUSTIN,TX78724     		NONE PC PROGRAM SERVICES/EXPENSES 20,000
    SAN ANTONIO RIVER FOUNDATION
    100 EAST GUENTHER
    SAN ANTONIO,TX78204     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    AUSTIN TRAVIS COUNTY MENTAL HEALTH
    1430 COLLIER ST
    AUSTIN,TX78704     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    SAFER PATH FAMILY VIOLENCE SHELTER
    PO BOX 688
    PLEASANTON,TX78064     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    SAN ANTONIO ZOOLOGICAL SOCIETY
    3903 N ST MARYS STREET
    SAN ANTONIO,TX78212     		NONE PC PROGRAM SERVICES/EXPENSES 8,000
    GOLDEN CRESCENT COURT APPOINTED SPE
    PO BOX 1627
    VICTORIA,TX77902     		NONE PC PROGRAM SERVICES/EXPENSES 2,500
    IMAGINE A WAY
    PO BOX 1027
    LEANDER,TX78646     		NONE PC PROGRAM SERVICES/EXPENSES 2,000
    SOUTH TEXAS SYMPHONY ASSOCIATION
    4316 N 10TH ST STE 10
    MCALLEN,TX78504     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    SU CASA DE ESPERANZA INC
    PO BOX 1333
    PHARR,TX78577     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    MUSICAL BRIDGES AROUND THE WORLD
    23705 IH 10 WEST ROOM 101
    SAN ANTONIO,TX78257     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    YWCA CORPUS CHRISTI
    4601 CORONA DRIVE
    CORPUS CHRISTI,TX78411     		NONE PC PROGRAM SERVICES/EXPENSES 2,500
    HOUSTON FOOD BANK
    535 PORTWALL STREET
    HOUSTON,TX77029     		NONE PC PROGRAM SERVICES/EXPENSES 20,000
    UNITED WAY FOR GREATER AUSTIN
    2000 E MLK JR BLVD
    AUSTIN,TX78702     		NONE PC PROGRAM SERVICES/EXPENSES 50,000
    SOUTH TEXAS BOTANICAL GARDENS &AMP
    8545 SOUTH STAPLES STREET
    CORPUS CHRISTI,TX78413     		NONE PC PROGRAM SERVICES/EXPENSES 5,500
    CASA FOR KIDS OF SOUTH CENTRAL TEXA
    1500 S DAY STREET
    BRENHAM,TX77833     		NONE PC PROGRAM SERVICES/EXPENSES 2,500
    THE UNIVERSITY OF TEXAS RIO GRANDE
    701 E EXPRESSWAY 83 BOX
    MCALLEN,TX78501     		NONE NC PROGRAM SERVICES/EXPENSES 10,000
    HOUSTON REVISION
    6856 BELLAIRE BLVD
    HOUSTON,TX77074     		NONE PC PROGRAM SERVICES/EXPENSES 7,500
    GROW LOCAL SOUTH TEXAS
    710 BUFFALO ST STE 802
    CORPUS CHRISTI,TX78401     		NONE PC PROGRAM SERVICES/EXPENSES 3,000
    KICK DRUGS OUT OF AMERICA (DBA KICK
    10222 WESTHEIMER ROAD
    HOUSTON,TX77042     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    THE METHODIST HOSPITAL FOUNDATION (
    PO BOX 4384
    HOUSTON,TX77210     		NONE SO I PROGRAM SERVICES/EXPENSES 2,000
    BEXAR LAND TRUST (DBA GREEN SPACES
    108 EAST MISTLETOE
    SAN ANTONIO,TX78212     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    YOUTH AND FAMILY ALLIANCE (LIFEWORK
    3700 SOUTH 1ST ST
    AUSTIN,TX78704     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    CENTER FOR REFUGEE SERVICES
    8703 WURZBACH
    SAN ANTONIO,TX78240     		NONE PC PROGRAM SERVICES/EXPENSES 7,400
    TRAVIS AUDUBON SOCIETY
    3710 CEDAR ST BOX 5
    AUSTIN,TX78705     		NONE PC PROGRAM SERVICES/EXPENSES 2,500
    HEROES ON THE WATER
    101-C N GREENVILLE AVENU
    ALLEN,TX75002     		NONE PC PROGRAM SERVICES/EXPENSES 2,000
    PARTNERS FOR EDUCATION AGRICULTURE
    1712 BISSEL LN
    AUSTIN,TX78745     		NONE PC PROGRAM SERVICES/EXPENSES 2,500
    AWAAZ
    PO BOX 6753
    SAN ANTONIO,TX78209     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    BETHANY HOUSE OF LAREDO
    817 HIDALGO ST
    LAREDO,TX78040     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    MENIL FOUNDATION INC
    1519 BRANARD ST
    HOUSTON,TX77006     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    HOUSTON ARTS ALLIANCE
    5280 CAROLINE ST SUITE 1
    HOUSTON,TX77004     		NONE SO I PROGRAM SERVICES/EXPENSES 5,000
    SPACETAKER &091DBA FRESH ARTS
    PO BOX 66494
    HOUSTON,TX77266     		NONE PC PROGRAM SERVICES/EXPENSES 3,000
    SPACETAKER &091DBA FRESH ARTS
    PO BOX 66495
    HOUSTON,TX77266     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    SAN ANTONIO AREA FOUNDATION
    303 PEARL PARKWAY STE 1
    SAN ANTONIO,TX78215     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    UNIVERSITY OF HOUSTON FOUNDATION
    4543 POST OAK PLACE 250
    HOUSTON,TX77027     		NONE NC PROGRAM SERVICES/EXPENSES 10,000
    TEXAS STATE UNIVERSITY DEVELOPMENT
    601 UNIVERSITY DRIVE JCK
    SAN MARCOS,TX78666     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    DEVILS RIVER CONSERVANCY
    201 W 5TH ST SUITE 1300
    BOERNE,TX78701     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    TRANSFORMATION HOUSE
    PO BOX 1181
    BOERNE,TX78006     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    INTERFAITH WELCOME COALITION
    300 BUSHNELL
    SAN ANTONIO,TX78212     		NONE PC PROGRAM SERVICES/EXPENSES 35,000
    LA UNION DEL PUEBLO ENTERO (LUPE)
    1601 E HIGHWAY BUSINESS
    SAN JUAN,TX78589     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    SOUTH TEXAS FOOD BANK
    2121 JEFFERSON
    LAREDO,TX78040     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    GATEWAY COMMUNITY HEALTH CENTER IN
    1515 PAPPAS ST
    LAREDO,TX78041     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    CITIZENS FOR SELF GOVERNANCE
    5850 FELIPE SUITE 575A
    HOUSTON,TX77057     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    SECOND SERVINGS OF HOUSTON
    4500 BISSONNET ST SUITE
    BELLAIRE,TX77401     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    SETTLEMENT CLUB (THE SETTLEMENT HOM
    1600 PAYTON GIN ROAD
    AUSTIN,TX78758     		NONE PC PROGRAM SERVICES/EXPENSES 3,000
    MAGPIES &AMP PEACOCKS
    908 LIVE OAK
    HOUSTON,TX77003     		NONE PC PROGRAM SERVICES/EXPENSES 10,000
    HOUSTON CINEMA ARTS SOCIETY
    4200 MONTROSE BLVD SUITE
    HOUSTON,TX77006     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    GREATER HOUSTON COMMUNITY FOUNDATIO
    515 POST OAK BLVD SUITE
    HOUSTON,TX77027     		NONE SO I PROGRAM SERVICES/EXPENSES 12,500
    CENTRO POR LA JUSTICIA
    PO BOX 830706
    SAN ANTONIO,TX78205     		NONE PC PROGRAM SERVICES/EXPENSES 5,000
    Total .................................bullet 3a 1,576,950
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 267,755  
    4 Dividends and interest from securities....     14 376,640  
    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.....     14 37  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -418,630  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   225,802  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    225,802
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 6,600 6,600    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    Name of Bond End of Year Book Value End of Year Fair Market Value
    300.000 ADOBE SYS INC 3.25% 2/01/25 317,085 330,312
    300,000 AFLAC INC 3.625% DUE 6/15/23 308,979 323,459
    200,000 AMAZON.COM INC 3.3% 12/5/21 201,145 204,609
    300,000 AMERI EXPRESS 3.125% 5/20/26 316,778 335,964
    300.00 AMERICAN EXMTN FLT 2.3355%    
    300,000 AMGEN INC 3.87% DUE 11/15/21    
    200,000 ANHEUSER-BUSCH INBEV 2.5% 7/    
    300,000 APPLE 3.35% DUE 2/9/27 304,761 342,233
    300.00 BANK AMER MTN FLT 3.124% 301,277 308,613
    200,000 BERKSHIRE HATHAWAY INC 3.4% 200,424 206,796
    300,000 CATERPILLAR INC 2.6% 6/26/22 294,664 308,407
    300,000 CHEVRON CORP 2.355% DUE 12/5 299,719 310,667
    300,000 COCA-COLA CO 2.875% 10/27/25 288,197 332,650
    300,000 PV CONOCOPHILLIPS 3.35% 277,251 329,157
    300,000 EXXON 3.176% 3/15/24 306,266 323,583
    200,000 GOLDMAN SACHS GRP 5.25% 7/21 204,453 205,616
    300.00 GOOGLE INC 3.375% 2/25/24 312,380 328,339
    300,000 HONEYWELL INT INC 4.25% 3/1/ 303,766 301,860
    300,000 HSBC USA INC 3.5% 6/23/24 302,182 328,333
    100.000 IBM CORP 3.375% 8/01/23 101,155 108,039
    200,000 PV JPMORGAN CHASE & CO 201,379 211,723
    300,000 PV LOWES COMPANIES INC 302,760 334,842
    208,000 MEDTRONIC INC 3.500% 3/15/25 223,610 233,420
    200,000 MERCK & CO INC 2.8% 5/18/23 199,987 212,095
    300,000 MICROSOFT 1.85% 2/12/20    
    300,000 PV MORGAN STANLEY SERIES GMT    
    300,000 ORACLE CORP 2.95% 11/15/24 292,040 326,388
    300,000 PV PHILIP MORRIS 2.5% 2022 303,570 310,909
    300,000 PV RABOBANK NEDERLAND UTRECH 304,472 311,945
    250,000 ROCHE HLDINGD INC 3.35% 9/30 247,900 275,315
    250,000 ROYAL BK CDA 3.7% 10/5/23 248,486 272,579
    300,000 PV STATOIL ASA 286,633 318,615
    300,000 PV TOTAL CAPITAL INTERNATION 300,756 303,498
    200.000 SH TOYOTA MOTOR CR MTN 2.25% 201,517 210,428
    200,000 WAL-MART INC 2.65% 12/15/24 192,936 216,892
    300,000 PV WELLS FARGO CO SER MTN 315,458 343,928

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2,400 SH ABBVIE INC 130,293 257,160
    275 SH ALPHABET INC CL A 69,919 481,976
    275 ALPHABET INC CL C 69,911 481,767
    600 SH AMAZON.COM INC 132,462 1,465,619
    3,000 SH AMERICAN EXPRESS CO 175,310 362,730
    3,900 SH AMERICAN INTL GROUP INC 157,893 147,654
    1,200 SH AMERICAN TOWER CORP REIT 149,405 269,352
    800 SH AMGEN INC 42,891 183,936
    300 SH AON PLC 42,419 63,381
    17,892 SH APPLE INC 38,565 2,374,089
    900 SH BECTON DICKINSON & CO 123,777 225,198
    2500 SH BANK OF AMERICA CORP 77,900 75,775
    400 SH BERKSHIRE HATHAWAY INC CL B 84,177 92,748
    1,200 SH BOEING CO 110,130 256,872
    120 SH BOOKING HOLDINGS INC COM 145,614 267,272
    2,600 SH BRISTOL-MYERS SQUIBB CO 174,188 198,496
    2,400 SH CAPITAL ONE FIANANCIAL CORP 161,427 237,240
    1,050 SH CANADIAN PACIFIC RAILWA LTD 131,862 364,025
    2,400 CARNIVAL CORP PAIRED CTF 1    
    2,100 SH CHEVRON CORP 148,136 177,345
    500 SH CHUBB LIMITED 76,566 76,960
    4,800 SH CISCO SYSTEM INC 117,696 214,800
    3,600 SH COMCAST CORP 137,376 188,640
    9,000 SH CORNING INC 130,139 324,000
    1,200 SH COSTCO WHOLESALE CORP 141,971 452,136
    1,500 SH DELTA AIR LINES INC    
    3,900 SH DISNEY (WALT) CO HOLDING CO 91,468 706,602
    1,000 SH DUKE ENERGY CORP 52,925 91,560
    1640 SH DUPONT DE NEMOURS INC 64,224 116,620
    4,200 SH EBAY INC 134,732 211,050
    2,100 EATON CORP 108,253 252,294
    3,000 SH EMERSON ELEC CO 107,128 241,110
    500 SH EOG RESOURCES INC    
    2,300 SH FACEBOOK INC 139,310 628,268
    4,000 SH FIRSTENERGY CORP 125,869 122,440
    3,300 SH FNF GROUP TRACKING STOCK 86,800 128,997
    4,164.41 SH HARDING LOE EMERGING MKT 200,000 278,766
    26,790 SH HARDING LOEVNER INT EQUITY 482,220 761,372
    3,000 SH HOME DEPOT INC 75,777 664,050
    400 SHS INGREDION INC 51,325 31,468
    300 SH INTUITIVE SURGICAL INC 10,205 245,430
    7,980 SH ISHARES COHEN & STEERS REAL 334,999 429,962
    2,000 SH JOHNSON & JOHNSON 114,918 314,760
    1,000 SH JPMORGAN CHASE & CO 41,718 127,070
    1800 SH KANSAS CITY SOUTHERN 154,062 367,434
    1,800 SH KELLOGG CO 92,022 112,014
    4000 KEYCORP COM 72,650 65,640
    33,593.281 SH LAZARD INTL EQTY PORT 608,701 672,537
    2,494 SH MEDTRONIC PLC 169,374 268,719
    1,500 SH MASTERCARD INC CL A 138,519 535,410
    200 SH NETFLIX INC 58,294 108,146
    5,179 SH MICROSOFT CORP 146,476 1,151,913
    1,200 SH NORFOLK SOUTHERN CORP 60,467 285,132
    2,770 SH NOVARTIS AG ADR 136,019 261,571
    1,500 SH NUCOR CORP 83,151 79,785
    2,100 SH OCCIDENTAL PETROLEUM CORP    
    3,300 SH PAYPAL HLDGS INC 145,559 772,860
    1,200 SH PEPSICO INC 65,200 177,960
    7,000 SH PFIZER INC 144,441 257,670
    900 SH PIONEER NATURAL RES CO 157,956 102,501
    1,500 SH PROCTER & GAMBLE CO 69,829 208,710
    700 SH RAYTHEON CO 107,647 116,847
    1,800 ROYAL DUTCH SHELL PLC    
    2,550 SH SALESFORCE.COM INC 137,616 567,452
    4,800 SH SCHWAB CHARLES CORP 77,420 159,120
    1,800 SERVICENOW INC 159,732 990,774
    450 SH SHERWIN-WILLIAMS CO 147,237 330,710
    3,300 SH SOUTHWEST AIRLINES CO 124,437 153,813
    5,000 SH STARBUCKS CORP 50,647 534,900
    1,200 SH THE HERSHEY COMPANY 45,265 182,796
    1,800 SH TYSON FOODS INC 128,142 115,992
    8,076 SH T ROWE PRICE INT DISCOVERY 314,947 733,665
    4,730.622 VANGUARD SM CAP GRWTH INDE 193,104 444,726
    2,100 SH VALERO ENERGY CORP 132,904 118,797
    4,800 SH VERIZON COMMUNICATIONS 149,278 282,000
    4,286.848 SH VICTORY SM COMPANY OPPO 181,290 202,811
    6,000 SH VISA INC CL A 125,123 1,312,380
    1,500 SH WAL MART STORES INC 71,151 216,225
    1,000 SH WALGREEN CO 82,631 39,880
    3,000 SH WELLS FARGO & CO    
    3,300 WEYERHAEUSER CO 112,025 110,649
    3,600 SH ZOETIS INC 113,787 595,800

    TY 2020 OtherExpensesSchedule
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    WEBSITE EXPENSE 5,445 5,445    
    SUBSCRIPTIONS 750 750    


    TY 2020 OtherIncomeSchedule2
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PROCEEDS OF LITIGATION 37 37  


    TY 2020 TaxesSchedule
    Name:
    THE ALICE KLEBERG REYNOLDS MEYER
     
    FOUNDATION FROST NATIONAL BANK TR
    EIN:
    74-2847652
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 1,742 1,742    
    EXCISE TAX 12/31/19 2,474      
    EXCISE TAX ESTIMATED TAX 12/31/2 23,600