Scurlock Foundation — Form 990PF, tax year 2020

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Form990-PF
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
Scurlock Foundation

Number and street (or P.O. box number if mail is not delivered to street address)2229 San Felipe 1400
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Houston, TX77019

A Employer identification number

74-1488953

B Telephone number (see instructions)

(713) 236-1500

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$37,943,858J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	82,441		82,441
4	Dividends and interest from securities...	238,760		238,760
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		360,325
b	Gross sales price for all assets on line 6a 4,937,696
7	Capital gain net income (from Part IV, line 2)...			299,896
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).......		651,588	653,519
12	Total. Add lines 1 through 11........	1,333,114		1,274,616
13	Compensation of officers, directors, trustees, etc.	106,790		18,050	87,964
14	Other employee salaries and wages......	42,262		20,260	21,131
15	Pension plans, employee benefits.......	16,784		4,314	12,285
16a	Legal fees (attach schedule).........		5,077	5,077
b	Accounting fees (attach schedule).......		5,500	1,750	2,750
c	Other professional fees (attach schedule)....		66,604	63,859
17	Interest...............	521		521
18	Taxes (attach schedule) (see instructions)...		23,919	10,082
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............	81,569		24,635	55,875
21	Travel, conferences, and meetings.......	235		74	157
22	Printing and publications..........
23	Other expenses (attach schedule).......		160,993	126,114	22,589
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	510,254		274,736	202,751
25	Contributions, gifts, grants paid.......	1,205,366			1,225,366
26	Total expenses and disbursements. Add lines 24 and 25	1,715,620		274,736	1,428,117
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-382,506
b	Net investment income (if negative, enter -0-)			999,880
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	1,304,916	2,017,039	2,017,039
	3	Accounts receivable 340,598
		Less: allowance for doubtful accounts	188,324	340,598	340,598
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	4,919	4,567	4,567
	10a	Investments—U.S. and state government obligations (attach schedule)	287,596	79,766	79,766
	b	Investments—corporate stock (attach schedule).......	15,792,239	16,138,282	16,138,282
	c	Investments—corporate bonds (attach schedule).......	304,231	384,735	384,735
	11	Investments—land, buildings, and equipment: basis 1,226,032
		Less: accumulated depreciation (attach schedule) 1,199,279	32,103	26,753	453,937
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	16,907,105	18,524,934	18,524,934
	14	Land, buildings, and equipment: basis 12,718
		Less: accumulated depreciation (attach schedule) 12,718
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	34,821,433	37,516,674	37,943,858
	17	Accounts payable and accrued expenses..........		21,455
	18	Grants payable.................	20,000
	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 )
	23	Total liabilities (add lines 17 through 22).........	20,000	21,455
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	34,548,881	34,548,881
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	252,552	2,946,338
	29	Total net assets or fund balances (see instructions).....	34,801,433	37,495,219
	30	Total liabilities and net assets/fund balances (see instructions).	34,821,433	37,516,674

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

34,801,433

Enter amount from Part I, line 27a .....................

-382,506

Other increases not included in line 2 (itemize) bullet

3,076,292

Add lines 1, 2, and 3 ..........................

37,495,219

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

37,495,219

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
b	From Sch K-1 (1065)
c	Sec 731 gain - KKR European Fund II Pvt Inv Offsh (USD)
d	Security litigation proceeds
e	6,250 units Watford Holdings Ltd	P	2014-03-25	2020-11-24

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,334,836	4,327,371	7,465
b	324,248		324,248
c	2,012		2,012
d	56		56
e	216,115	250,000	-33,885

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			7,465
b			324,248
c			2,012
d			56
e			-33,885

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	299,896
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 ...................		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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	13,898
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	13,898
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	13,898
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	11,404
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	7,000
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	18,404
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	25
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	4,481
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax4,481	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

www.scurlockfoundation.org

The books are in care of bullet

Jack S Blanton Jr Telephone no. bullet

(713) 236-1500

Located at bullet

2229 San Felipe Ste 1400HoustonTX ZIP+4 bullet

77019

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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
Elizabeth Wareing	Pres/Asst. Sec. 2.00	0
2229 San Felipe Ste 1400 Houston,TX77019	Pres/Asst. Sec. 2.00	0
Jack Blanton Jr	VP/Asst. Sec. 2.00	0
2229 San Felipe Ste 1400 Houston,TX77019	VP/Asst. Sec. 2.00	0
Eddy Blanton	VP/Sec. 2.00	0
2229 San Felipe Ste 1400 Houston,TX77019	VP/Sec. 2.00	0
Licia Cosgrove	Treas/Asst. Sec 8.00	53,790	3,960
2229 San Felipe Ste 1400 Houston,TX77019	Treas/Asst. Sec 8.00	53,790	3,960
Kathy Munger	Executive Dir 33.00	53,000
2229 San Felipe Ste 1400 Houston,TX77019	Executive Dir 33.00	53,000
Julie Wareing Aldrich	Director 1.00	0
2229 San Felipe Ste 1400 Houston,TX77019	Director 1.00	0
Elizabeth Blanton	Director 1.00	0
2229 San Felipe Ste 1400 Houston,TX77019	Director 1.00	0
Mary Catherine Blanton Jones	Director 1.00	0
2229 San Felipe Ste 1400 Houston,TX77019	Director 1.00	0
Laura W Wheless	Director 1.00	0
2229 San Felipe Ste 1400 Houston,TX77019	Director 1.00	0

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...................

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
Fidelity Brokerage Services LLC	Investment mgmt	55,638
PO Box 28019 Albuquerque,NM87125	Investment mgmt	55,638

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


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

14,208,886

Average of monthly cash balances.......................

1,884,560

Fair market value of all other assets (see instructions)................

19,829,934

Total (add lines 1a, b, and c).........................

35,923,380

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

35,923,380

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

538,851

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

35,384,529

Minimum investment return. Enter 5% of line 5..................

1,769,226

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.)

Minimum investment return from Part X, line 6....................

1,769,226

Tax on investment income for 2020 from Part VI, line 5......

13,898

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

13,898

Distributable amount before adjustments. Subtract line 2c from line 1............

1,755,328

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

1,755,328

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

1,755,328

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,428,117

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,428,117

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,428,117

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)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7			1,755,328
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......	590,481
b From 2016......	493,069
c From 2017......	321,056
d From 2018......
e From 2019......
fTotal of lines 3a through e........		1,404,606
4Qualifying distributions for 2020 from Part
XII, line 4: $ 1,428,117
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.....			1,428,117
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2020.		327,211	327,211
(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		1,077,395
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) ...		263,270
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		814,125
10 Analysis of line 9:
a Excess from 2016....	493,069
b Excess from 2017....	321,056
c Excess from 2018....
d Excess from 2019....
e Excess from 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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2020)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AD Players 2710 W Alabama Houston,TX77098	N/A	PC	General support	5,000
Agape Development Ministries 6311 Allegheny Houston,TX77021	N/A	PC	Capital project	50,000
Alpha Houston 2450 River Oaks Boulevard Houston,TX77019	N/A	PC	General support	5,000
Amazing Place 3735 Drexel Houston,TX77028	N/A	PC	Capital campaign	33,333
Barbara Bush Foundation for Family 7887 San Felipe Suite 250 Houston,TX77063	N/A	PC	My Home Library and Celebration of Reading	16,600
Breakthrough Houston 2401 Claremont Ln Houston,TX77019	N/A	PC	General support	10,000
Buffalo Bayou Partnership 1113 Vine St Suite 200 Houston,TX77002	N/A	PC	General support	5,000
Camp for All 10500 NW Freeway Suite 145 Houston,TX77090	N/A	PC	General support	12,500
CanCare Inc 9575 Katy Freeway Ste 428 Houston,TX77024	N/A	PC	General support	2,500
Christian Community Service Center PO Box 27924 Houston,TX77227	N/A	PC	Capital project and general support	45,000
Connect Community 6700B Bellaire Blvd Houston,TX77074	N/A	PC	2020 event	1,000
Contemporary Arts Museum 5216 Montrose Blvd Houston,TX77006	N/A	PC	General support	4,000
Diaper Foundation 4405 La Branch Houston,TX77004	N/A	PC	General support	5,000
Fostering Family PO Box 920545 Houston,TX77292	N/A	PC	Babysitting Collaborative	10,000
Fresh Arts Coalition 2101 Winter St C1 Houston,TX77007	N/A	PC	General support	1,000
Galveston Bay Foundation 17330-A Highway 3 Webster,TX77598	N/A	PC	General support	500
Greater Houston Community Foundatio 4550 Post Oak Place Suite 100 Houston,TX77027	N/A	PC	General support	1,300
Hermann Park Conservancy 6201 A Golf Course Drive Houston,TX77030	N/A	PC	Hats in the Park and general support	2,500
Homemade Hope for Homeless Children 406 Drennan St Houston,TX77003	N/A	PC	General support	2,500
Houston Area Parkinson Society 2700 Southwest Freeway Suite 284 Houston,TX77098	N/A	PC	General support	500
Houston Ballet Foundation 1921 W Bell Houston,TX77019	N/A	PC	General support	10,000
Houston Food Bank 3811 Eastex Freeway Houston,TX77026	N/A	PC	General support	11,500
Houston Hospice 1905 Holcombe Blvd Houston,TX77030	N/A	PC	General support	5,000
Houston Hospice Palliative Care Sys 8811 Gaylord Ste 100 Houston,TX77024	N/A	PC	General support	5,000
Houston Methodist Hospital Foundati 1701 Sunset Blvd Houston,TX77005	N/A	PC	Society of Leading Medicine and stroke detection with imaging in the ER	57,500
Houston Tri Delta Philanthropies In PO Box 22517 Houston,TX77227	N/A	PC	The Sale	1,000
Houston Zoo Inc PO Box 4759 Houston,TX77210	N/A	PC	Centennial Capital Campaign 5-year grant	20,000
Humanities Texas 1410 Rio Grande St Austin,TX78701	N/A	PC	General support	10,000
Hunt United Methodist Church 120 Merritt Rd Hunt,TX78024	N/A	PC	General support	1,000
Inspire Women 1415 S Voss Rd Ste 110-516 Houston,TX77057	N/A	PC	Ministry fund	1,000
Julie Rogers Gift of Life Program 2390 Dowlen Road Beaumont,TX77706	N/A	PC	General support	5,000
Kids Meals Inc 330 Garden Oaks Blvd Houston,TX77018	N/A	PC	COVID-19 relief	5,000
Kids Meals Inc 331 Garden Oaks Blvd Houston,TX77018	N/A	PC	General support	5,000
KIPP Texas Inc 10711 KIPP Way Houston,TX77099	N/A	PC	Gethsemane campus	5,000
KIPP Texas Inc 10711 KIPP Way Houston,TX77099	N/A	PC	General support	5,000
Lifehouse of Houston 701 N Post Oak Rd Ste G-2 Houston,TX77024	N/A	PC	Residential Housing and Aftercare and general support	21,500
Lord of the Streets 3401 Fannin St Houston,TX77004	N/A	PC	General support	5,000
Main Street Theater 2540 Times Blvd Houston,TX77005	N/A	PC	General support	1,000
March of Dimes 3000 Weslayan Ste 100 Houston,TX77027	N/A	PC	Best Dressed Luncheon	500
Mexico Medical Missions 4001 County Rd 114 Glenwood Springs,CO81601	N/A	PC	General support	10,000
Nehemiah Neighborhood Center Inc 5015 Fannin Houston,TX77004	N/A	PC	General support	1,500
Phi Beta Kappa Alumni of Greater Ho PO Box 25283 Houston,TX77265	N/A	PC	General support	3,500
Prayers of the People 1110 Lovett Blvd Houston,TX77006	N/A	PC	General support	5,000
Priority Associates 3001 Richmond Ave 203 Houston,TX77098	N/A	PC	General support	4,000
PTSD Foundation America 9724 Derrinston Houston,TX77064	N/A	PC	Camp Hope operating for veterans with PTSD	10,000
Rice U Jones School of Management PO Box 2932 - MS531 Houston,TX77252	N/A	PC	General support	20,000
Rice University 6100 Main Street MS 70 Houston,TX77005	N/A	PC	General support	5,000
River Oaks Baptist School 2300 Willowick Houston,TX77027	N/A	PC	New middle school facility for grades 5-8	70,000
Salvation Army 1500 Austin St Houston,TX77002	N/A	PC	Houston COVID-19 relief, 2020 annual lunch, Hurricane Laura relief, 2021 reflections luncheon, distribution center, and Angel Tree	76,800
Salvation Army Adult Rehab Center 1015 Hemphill Street Houston,TX77007	N/A	PC	COVID-19 relief	2,500
Samaritan's Purse PO Box 3000 Boone,NC28607	N/A	PC	Tennessee disaster relief	5,000
Second Serving 8825 Knight Rd Houston,TX77054	N/A	PC	General support	5,000
Serenity Retreat for Healing 953 Memory Lane Bellville,TX77418	N/A	PC	General support	10,000
Southern Methodist University PO Box 750221 Dallas,TX75275	N/A	PC	Student COVID-19 hardship support	50,000
Square Inch Houston 2401 Claremont Houston,TX77019	N/A	PC	General support	3,000
St John's School 2401 Claremont Houston,TX77019	N/A	PC	General support	15,000
St Luke's United Methodist Church PO Box 22013 Houston,TX77227	N/A	PC	General support	13,600
Star of Hope Mission 2575 Reed Rd Houston,TX77051	N/A	PC	General support	5,000
Teach for America 4669 Southwest Freeway Ste 600 Houston,TX77027	N/A	PC	General support	5,000
Texas Cultural Trust 823 Congress Suite 707 Austin,TX78701	N/A	PC	General support	2,400
The Brookwood Community Inc 1752 FM 1489 Brookshire,TX77421	N/A	PC	Transforming Lives campaign and general support	40,000
The Children's Museum of Houston 1500 Binz Houston,TX77004	N/A	PC	The Crew and 40 for 40 campaign	10,000
The Forge for Families Inc 3150 Yellowstone Blvd Houston,TX77054	N/A	PC	Acquisition on Del Rio and general support	17,000
The Heart of Texas Foundation Inc 24 North Bell Street Bellville,TX77418	N/A	PC	Prison Ministry	10,000
The Memorial Park Conservancy Inc 7575 N Picnic Ln Houston,TX77007	N/A	PC	Picnic in the Park	1,000
The Museum of Fine Arts Houston PO Box 6826 Houston,TX77265	N/A	PC	General support	6,000
The University of Texas Foundation 1 University Station D1303 Austin,TX78712	N/A	GOV	Huber Collection acquisition for Blanton, campus beautification project, and general support	120,500
The UT MD Anderson Cancer Center 1020 Holcombe Blvd Suite 1201 Houston,TX77030	N/A	GOV	2021 Sprint for Life, Leaukemia Department research grant, and Conversation with a Living Legend	125,000
The WorkFaith Connection 5100 Travis St Houston,TX77002	N/A	PC	General support	5,000
Tri Delta Sorority Foundation 14951 North Dallas Parkway Ste 500 Dallas,TX75254	N/A	PC	General support	1,000
U S Pastor Council 11902 Jones Rd Houston,TX77070	N/A	PC	Help a Church Fund	5,000
United Way of the Texas Gulf Coast PO Box 200716 Houston,TX77216	N/A	PC	Alexis de Toqueville	10,000
University of St Thomas 3800 Montrose Blvd Houston,TX77006	N/A	PC	General support	1,000
W U Elementary School Foundation 3756 University Blvd Houston,TX77005	N/A	PC	General support	7,500
Wiley College 711 Wiley Ave Marshall,TX75670	N/A	PC	General support	4,000
Yellowstone Academy Inc 2260 W Holcombe Blvd Ste 443 Houston,TX77004	N/A	PC	Food distribution for children, childcare center, capital campaign, feeding program, and general support	101,833
Young Audiences 1800 St James Place Ste 600 Houston,TX77056	N/A	PC	Yellowstone	5,000
Young Life Greater Houston Region 900 Town Country Ste 302 Houston,TX77024	N/A	PC	Camp Lonehollow and general support	30,000
Young Life Houston Southwest PO Box 25063 Houston,TX77265	N/A	PC	General support	10,000
Zina Garrison All Court Tennis Foun 12335 Kingside No 106 Houston,TX77024	N/A	PC	General support	5,000
Total ................................. 3a				1,225,366

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	82,441
4 Dividends and interest from securities....			14	238,760
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 ............	525990	60,429	18	299,896
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aForeign dividends			14	435,787
bOil and gas royalties			15	78,376
cPassthrough K-1 income	525990	-5,482	14	142,907
d
e
12 Subtotal. Add columns (b), (d), and (e)..		54,947		1,278,167

13Total. Add line 12, columns (b), (d), and (e)..................

1,333,114

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:	20011551
Software Version:	2020v4.0

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Tax compliance	5,500	1,750	0	2,750

- TIN:

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

TY 2020 GainLossSaleOtherAssetsSch

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Name	Gross Sales Price	Basis Method	Total (net)
From Sch K-1 (Form 1065) - CF Cap Global PE Ptrs 2014	346	Cost	346
From Sch K-1 (Form 1065) - CF Cap Global PE Ptrs 2014	27	Cost	-27
From Sch K-1 (Form 1065) - CF Cap Global PE Ptrs 2014	4,634	Cost	4,634
From Sch K-1 (Form 1065) - CF Cap Co-Inv Opp 2015	43,418	Cost	43,418
From Sch K-1 (Form 1065) - CF Cap Secondary Ptrs 2015	49	Cost	49
From Sch K-1 (Form 1065) - CF Cap Secondary Ptrs 2015	26	Cost	-26
From Sch K-1 (Form 1065) - CF Cap Secondary Ptrs 2015	972	Cost	-972
From Sch K-1 (Form 1065) - CF Cap Secondary Ptrs II	712	Cost	712
From Sch K-1 (Form 1065) - CF Cap Secondary Ptrs II	54	Cost	54
From Sch K-1 (Form 1065) - CF Cap Secondary Ptrs II	7,592	Cost	7,592
Sec 751 gain - Energy Transfer LP	192	Cost	192
Sec 751 gain - Plains All American Pipeline LP	4,412	Cost	4,412
Sec 751 gain - CF Capital Global Pvt Eqty Ptrs 2014 LP	32	Cost	32
Sec 751 gain - CF Capital Secondary Partners 2015 LP	13	Cost	13

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Name of Bond	End of Year Book Value	End of Year Fair Market Value
Air Lease Cor Note Call 1/15/26	8,465	8,465
Ally Financial 11/20/25	8,150	8,150
Anthem Inc Note Call 9/15/29	7,782	7,782
AON Corp Note Call 5/15/30	6,546	6,546
AT&T Inc. Note Call 6/1/41	7,547	7,547
Bank of America Corp Ser N MTN 7/23/30	5,603	5,603
Bank of America Ser L MTN 10/21/27	7,834	7,834
BAT Capital Corp MTN Call 9/25/40	8,344	8,344
Boardwalk Pipeline 12/15/24	4,464	4,464
Boardwalk Pipeline 6/1/26	3,548	3,548
BP Capital Markets PLC 4.875% Perpetual	12,272	12,272
Brown & Brown Inc. Note Call 3/15/31	8,373	8,373
Centerpoint Energy 6.125% Perpetual	12,570	12,570
Charter Communication 4/1/31	7,404	7,404
Cimarex Energy 3/15/29	7,941	7,941
Citigroup Inc 4% Perpetual	8,210	8,210
Citigroup Inc 6.25% Perpetual	12,617	12,617
Discover Financial 6.125% Perpetual	13,910	13,910
Enbridge 5.75% 7/15/2080	13,510	13,510
Ford Motor 4/21/23	7,879	7,879
General Motors 5.7% Perpetual	13,230	13,230
HCA Inc. Note Call 6/15/29	8,121	8,121
Huntington Banc 5.625% Perpetual	12,842	12,842
JPMorgan Chase 1/23/29	7,961	7,961
JPMorgan Chase 5% Perpetual	13,676	13,676
Kirby Corp Note Call 3/1/28	7,764	7,764
Kraft Heinz Foods Ser B Note 6/1/26	7,310	7,310
Marriot International 03/01/21	2,003	2,003
Metlife Inc 10.75% 08/01/39	13,706	13,706
Morgan Stanley 5.875% Perpetual	13,440	13,440
MPLX LP 6.875% Perpetual	7,720	7,720
Mylan NV Ser B Note 6/15/26	8,009	8,009
Netflix Inc. Ser B Note 4/15/28	7,894	7,894
NiSource Inc 5.65% Perpetual	13,358	13,358
Plains All American Pipeline LP 9/15/30	8,600	8,600
Sempra Energy 4.875% Perpetual	12,825	12,825
Soutwest Airlines Co Note Call 6/15/27	8,327	8,327
Truist Financial Corp 5.1% Perpetual	13,710	13,710
Viacom Inc 6.25% 2/28/57	11,226	11,226
Vodafone Group 7% 4/4/79	12,440	12,440
Walgreens Boots Alliance Note 4/15/30	7,604	7,604

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
532 Abbott Laboratories	58,249	58,249
174 Abbvie Inc Com	18,644	18,644
285 Accenture PLC Cls A	74,445	74,445
962 Adaptive Biotechnologies Corp	56,883	56,883
142 Addus Homecare Corp	16,627	16,627
46 Adidas AG ADR	8,383	8,383
84 Adobe Systems Inc.	42,010	42,010
300 AGNC Invt Corp Pfd	7,413	7,413
178 AIA Group ADR	8,723	8,723
412 Airbus SE	11,315	11,315
479 Albemarle Corp	70,662	70,662
193 Alexandria Real Estate Equities	34,396	34,396
353 Alexion Pharmaceuticals Incl	55,153	55,153
26 Alibaba Group	6,051	6,051
84 Alphabet Inc Cap Stk CL A	147,222	147,222
80 Amadeus IT Group	5,830	5,830
55 Amazon.Com Inc	179,131	179,131
796 American Eagle Outfitters	15,976	15,976
234 American International Group	8,859	8,859
227 American Water Works Co	34,838	34,838
431 Ameriprise Financial	83,756	83,756
660 Ametek	79,820	79,820
47 Amgen Inc	10,806	10,806
1,170 Amplify Energy Corp	1,533	1,533
300 Annaly Capital Management Pfd	7,677	7,677
5 Anta Sports Products	1,981	1,981
1,703 Apple Inc	225,971	225,971
55 Ashtead Group PLC	10,339	10,339
36 ASML Holdings NV	17,558	17,558
193 Astrazenca ADR	9,648	9,648
448 AT&T Inc	12,884	12,884
500 AT&T Inc Pfd	13,380	13,380
6,689 Athene Holding LTD	288,563	288,563
4,991 Athene Holding LTD Class A	215,312	215,312
220 Avery Dennison Corp	34,124	34,124
553 Ball Corp	51,529	51,529
1,813 Bank of America	54,952	54,952
8 Bank of America Pfd	12,149	12,149
232 Becton Dickinson & Co	58,051	58,051
257 Berkshire Hathaway Inc	59,591	59,591
310 BHP Group Plc	16,439	16,439
191 Bio-Techne Corp	60,652	60,652
437 BJS WHSL Club	16,291	16,291
226 Bristol Meyers Squibb	14,019	14,019
242 Broadcom Inc	105,959	105,959
1,697 Brookfield Asset Management Inc.	70,035	70,035
754 C H Robinson Worldwide Inc	70,778	70,778
1,262 Cal Maine Foods Inc	47,375	47,375
267 Capcom Com	8,663	8,663
525 Capital One Pfd	13,650	13,650
563 Cargurus Inc.	17,864	17,864
80 Carlisle Companies Inc.	12,494	12,494
1,403 Carrolls Restaurant Group Inc	8,811	8,811
655 Catalent Inc.	68,166	68,166
205 Cellnex Telecom	6,160	6,160
583 Celsius Holdings Inc	29,331	29,331
345 Chart Indutries Inc	40,638	40,638
87 Chevron Corp	7,347	7,347
395 Chubb Limited Co	60,798	60,798
223 Cigna Copr	46,424	46,424
414 Cisco Sys Inc	18,527	18,527
159 Citigroup	9,804	9,804
415 Coca Cola Co	22,759	22,759
1,620 Comcast Corp	84,888	84,888
216 Conoco Phillips	8,638	8,638
5 Constellation Software Inc.	6,487	6,487
1,077 Continental res Inc	17,555	17,555
94 Coresite Realty Corp	11,776	11,776
144 Costco	54,256	54,256
90 Crown Castle Intl Corp	14,327	14,327
41 CSL Ltd SPON ADR	4,480	4,480
316 Cumins Inc.	71,764	71,764
63 Cummins Inc	14,307	14,307
163 CVS Health Corp	11,133	11,133
44 Cyberark Software	7,110	7,110
514 Daikin Industries	11,411	11,411
56 Dassaul Systems SPON ADR	11,384	11,384
107 Digital Rlty Tr Inc.	14,928	14,928
1,004 Discover Financial Services	90,892	90,892
409 Disney Walt Co	74,103	74,103
181 Dollar General	38,064	38,064
125 Duke Energy Corp	11,445	11,445
455 Ebix Inc	17,276	17,276
872 Emerson Electric Co	70,083	70,083
850 Enbridge Inc. Pfd	14,663	14,663
80 Entergy Corp	7,987	7,987
425 Equitable Holdings Inc Pfd	11,322	11,322
148 Equity Residential SBI	8,773	8,773
717 Ericsson SPON ADR	8,568	8,568
193 Estee Lauder Companies	51,375	51,375
1,506 FAIA Drogasil SA SPON ADR	7,260	7,260
382 Fidelity National Information Servic	54,038	54,038
104 First Service Corp	14,223	14,223
145 Firstcash Inc	10,156	10,156
79 Fleetcor Technologies Inc Com	21,554	21,554
321 Focus Financial Partners	13,964	13,964
499 G III Apparel Group Ltd	11,846	11,846
99 Garmin Ltd	11,846	11,846
94 Genmab AS SPON ADS	3,822	3,822
83 Genuine Parts Co	8,336	8,336
789 Gilead Sciences Inc	45,967	45,967
260 GlaxoSmithKline Adr	9,568	9,568
131 Godaddy Inc.	10,866	10,866
1,054 Goldman Sachs Group Inc Pfd	26,197	26,197
358 Green Dot Corp Com	19,976	19,976
320 Grocery Outlet Holding Corp	12,560	12,560
320 Guardant Health	41,242	41,242
60,000 Gulfport Energy	2,490	2,490
605 Hanes Brands Inc	8,821	8,821
614 Healthcare Svcs Grp Inc	17,253	17,253
606 Home Bancshares Inc.	11,805	11,805
297 Home Depot Inc	78,889	78,889
212 Honeywell Intl Inc	45,092	45,092
31 Hoya ADR	4,285	4,285
399 I3 Vertical S Inc	13,247	13,247
68 Icon Plc Shs	13,259	13,259
145 Infineon Technoligies AG SPON	5,569	5,569
364 Inmode Ltd.	17,283	17,283
187 Innovative Indl PPTYS Inc.	34,245	34,245
143 Intelligent Systems Corp	5,736	5,736
616 Intercontinental Exchange Inc	71,019	71,019
140 Intercontinental Hotels Group SPON	9,117	9,117
98 International Business Machines Corp	12,336	12,336
234 International Paper Co Com	11,634	11,634
498 Invesco Exchng Traded Fd Tr II	7,599	7,599
5,890 Ishares Core S&P Midcap ETF	1,353,699	1,353,699
107 IShares IBoxx Hi Yld ETF	9,341	9,341
9,410 IShares Iboxx Investment FRA - LQD	1,299,803	1,299,803
13,320 Ishares MSCI EAFE Index Fund	971,827	971,827
6,855 Ishares Russell 2000 ETF	1,343,991	1,343,991
897 IShares Tr MBS ETF	98,787	98,787
258 IShares Tr Pfd and Income SEC	9,936	9,936
269 J2 Global Inc.	26,279	26,279
384 Janus Detroit STR TR Henderson MTG	20,529	20,529
896 JPMorgan Chase & Co	113,855	113,855
90 Kimberly Clark Corp	12,135	12,135
585 Kinder Morgan Inc	7,997	7,997
175 Koninklijke Philips ADR	9,480	9,480
176 Lam Research Corp	83,120	83,120
137 Landstar Systems Inc.	18,448	18,448
29 Lithia MTRS Inc	8,487	8,487
465 LKQ Corp	16,387	16,387
45 Lockheed Martin Corp	15,974	15,974
128 Lonza Group AG	8,237	8,237
201 Loreal	15,287	15,287
21 Lululemon Athletica Inc	7,309	7,309
71 LVMH Moet Hennessy Lous Vuitton ADR	8,877	8,877
349 Lyft Inc	17,146	17,146
83 MacQuarie Group LTD ADR	8,869	8,869
14 Markel Corp	14,466	14,466
645 Marriott International Inc	85,088	85,088
55 McDonalds Corp	11,802	11,802
6 Mercadolibre Inc.	10,051	10,051
938 Merck & Co Inc	76,729	76,729
214 Metlife Inc	10,047	10,047
269 Microchip Technology Inc	37,152	37,152
985 Microsoft Corp	219,084	219,084
556 Mitek Systems Inc.	9,886	9,886
236 Murata MFG Co	5,326	5,326
644 Nextera Energy	49,685	49,685
139 Nextera Energy Partners	9,320	9,320
384 Norfolk Southern Corp	91,242	91,242
86 Novartis AG Spon ADR	8,121	8,121
81 Nvidia Corp	42,298	42,298
51 Old Dominion Fght Lines Inc	9,954	9,954
159 Olympus ADR	3,475	3,475
133 Omnicom Group Inc	8,295	8,295
552 OOMA	7,949	7,949
90 Oreilly Automotive Inc	40,731	40,731
93 Orsted A/S ADR	6,337	6,337
1,041 Parsley Energy Inc	14,782	14,782
121 Paychex Inc	11,275	11,275
228 Paypal	53,398	53,398
790 Pepsico Inc	117,156	117,156
285 Pfizer Inc	10,491	10,491
201 Philip Morris International Inc	16,641	16,641
1,334 Phillips 66	93,300	93,300
10,295 Pimco Active Bond ETF	1,164,467	1,164,467
157 Pra Health Sciences Inc	19,694	19,694
493 Price T Rowe Group Inc	74,635	74,635
142 Procter and Gamble Co	19,758	19,758
469 Prologis Inc	46,741	46,741
303 Prosperity Bancshares	21,016	21,016
88 Q2 Holdings	11,135	11,135
13,270 Real Estate Select Sector SPDR Fd	564,304	564,304
171 Roche Holdings	7,472	7,472
78 Roper Technolgies Inc	33,625	33,625
66 Ryanair Holdings PLC ADS	7,259	7,259
189 Ryman Hospitality Pptys Inc	12,807	12,807
419 Safran SA	14,861	14,861
123 SalesForce Inc.	27,371	27,371
212 Schneider Electric SE	6,137	6,137
116 Semler Scientific Inc	10,904	10,904
1,467 Shift Technolgies Inc	12,132	12,132
5 Shopify Inc	5,660	5,660
55,000 Silverbow Resources Inc	292,050	292,050
392 Skyworks Solutions Inc	59,929	59,929
109 Sociedad Quimica Y Minera de SPON AD	5,351	5,351
131 Sony Sorp SPON ADR	13,244	13,244
5,240 SPDR S&P Trust	1,959,131	1,959,131
90 SPDR Ser Tr S&P Biotech ETF	12,670	12,670
195 Steicycle Inc. Com	13,519	13,519
203 Sun Life Financial	9,025	9,025
373 Swatch Group	5,095	5,095
525 Synchrony Financial Pfd	14,018	14,018
145 Taiwan Semiconductor Manufacturing S	15,811	15,811
396 Takeda Pharmaceutical Co	7,207	7,207
491 TC Financial Corp	18,177	18,177
139 Teleflex Inc.	57,208	57,208
109 Tencent Holdings Ltd	7,928	7,928
592 Texas Instruments Inc	97,165	97,165
159 Thermo Fisher Scientific	74,059	74,059
209 Tradeweb Mkts Inc.	13,052	13,052
330 Trane Technologies	47,903	47,903
376 Turning PT Brands Inc.	16,755	16,755
1,454 Twitter	78,734	78,734
108 United Parcel Svc Inc	18,187	18,187
68 United Rentals Inc	15,770	15,770
193 Unitedhealth Group	67,681	67,681
299 Upland Software	13,721	13,721
269 Vaneck Vectors ETF TR Fallen Angel	8,635	8,635
302 Verizon Communications	17,742	17,742
115 Vestas Wind Sys As	9,071	9,071
298 Visa Inc	65,182	65,182
10 Wabtec Corp	732	732
155 Wal-Mart de Mexica S A De CV SPON AD	4,349	4,349
325 Webster Financial Corp	13,699	13,699
2,011 Wells Fargo Co	60,692	60,692
509 Wells Fargo Co Pfd	26,871	26,871
443 Western Union Co	9,719	9,719
10 White Mountains Insuranc Group Ltd	10,007	10,007
255 World Wrestling Entertainment	12,253	12,253
110 Worldline	5,328	5,328
5,453 WTS Amplify Energy Warrant	131	131
70 Yandex	4,871	4,871
95 Yatsen Holding LTD SPON ADS	1,615	1,615
32 Yum China Holdings Inc	1,827	1,827
122 Zalando SE	6,796	6,796

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

US Government Securities - End of Year Book Value:

79,766

US Government Securities - End of Year Fair Market Value:

79,766

State & Local Government Securities - End of Year Book Value:

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

- TIN:

TY 2020 InvestmentsLandSchedule2

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Land	26,753		26,753	41,829
Miscellaneous	1,199,279	1,199,279		412,108

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
AESSF III Private Investors Offshore, LP	FMV	447,547	447,547
AP Alternative Assets Fund LP	FMV	1,235	1,235
AP IX Private Investors Offshore, L.P.	FMV	746,285	746,285
AP VIII Private Inv Offshore (USD), L.P.	FMV	263,458	263,458
BREP VII Private Investors Offshore, LP	FMV	244,175	244,175
BSREP II Private Investors Offshore, LP	FMV	487,193	487,193
CAP II Private Investors Offshore, L.P.	FMV	2,464	2,464
CAP IV Private Investors Offshore, L.P.	FMV	209,209	209,209
CCMP III Private Investors Offshore, LP	FMV	474,562	474,562
Commonfund Cap Co-Investment Opp 2015 LP	FMV	485,823	485,823
Commonfund Cap Gbl Pvt Eqty Ptrs 2014 LP	FMV	1,025,490	1,025,490
Commonfund Cap Secondary Ptrs 2015 LP	FMV	331,785	331,785
Commonfund Capital Secondary Partners II	FMV	366,499	366,499
Commonfund Inst Core Equity Fund LLC	FMV	6,153,260	6,153,260
Commonfund Multi-Strategy Bond Inv LLC	FMV	1,346,909	1,346,909
DFJ Mercury II LP	FMV	564,957	564,957
DFJ Mercury Ventures Partners LP	FMV	143,774	143,774
GS Vintage Fund III Offshore LP	FMV	6,261	6,261
Mezzanine Private Investors Offsh I LP	FMV	51,123	51,123
JPM US RE I&G Finance Corp (Cayman)	FMV	374,146	374,146
KKR 2006 Fund Private Inv Offshore LP	FMV	124,276	124,276
KKR Euro Fd II Pvt Inv Offshore USD LP	FMV	4,177	4,177
McAlister Opportunity Fund 2012 LP	FMV	181,068	181,068
Merritt Capital Offshore Ltd	FMV	1,114,642	1,114,642
MidOcean III Private Inv Offshore LP	FMV	63,374	63,374
Offshore Mezzanine Partners III LP	FMV	433,515	433,515
Platform Partners Capital LLC	FMV	233,047	233,047
QID TelMax LLC	FMV	95,238	95,238
RRG SSP Holdings LLC	FMV	250,000	250,000
SOF X Private Investors Offshore 1 LP	FMV	152,174	152,174
Taconic Offshore Fund 1.5 Ltd	FMV	2,147,268	2,147,268

- TIN:

TY 2020 LandEtcSchedule2

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Furniture and Fixtures	11,401	11,401
Machinery and Equipment	1,317	1,317

- TIN:

TY 2020 LegalFeesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Royalty interest matter	5,077	5,077	0	0

- TIN:

TY 2020 OtherExpensesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Insurance	3,904	1,179	2,674
Investment fees	1,735	1,735
K-1 expenses	112,788	100,924
Office expenses	29,071	8,781	19,915
Oil & gas expenses	13,495	13,495

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Description	Revenue And Expenses Per Books	Net Investment Income
Foreign dividends	435,787	435,787
Oil and gas royalties	78,376	78,376
Passthrough K-1 income	137,425	139,356

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Description	Amount
Unrealized appreciation in value of investments	3,076,292

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment management fees	66,604	63,859	0	0

- TIN:

TY 2020 TaxesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

20011551

Software Version:

2020v4.0

Category	Amount	Net Investment Income
Excise tax	13,837
Foreign tax	1,747	1,747
Property tax	5,437	5,437
Severance tax	2,898	2,898