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
FOX AND MONICA BENTON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)8818 STABLE CREST BOULEVARD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX77024
A Employer identification number

20-2034030
B Telephone number (see instructions)

(713) 680-8280
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$5,530,915J 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 15,984 15,984  
4 Dividends and interest from securities... 47,888 47,888  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -3,630
b Gross sales price for all assets on line 6a 1,407,748
7 Capital gain net income (from Part IV, line 2)... 0
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 13,641 13,641  
12 Total. Add lines 1 through 11........ 73,883 77,513  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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 12,360 12,360   0
c Other professional fees (attach schedule).... Click to see attachment 15,959 15,959   0
17 Interest............... 275 275   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 57,452 2,430   0
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 51,464 51,438   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 137,510 82,462   0
25 Contributions, gifts, grants paid....... 205,000 205,000
26 Total expenses and disbursements. Add lines 24 and 25 342,510 82,462   205,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -268,627
b Net investment income (if negative, enter -0-) 0
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............. 372,253 36,776 36,776
2 Savings and temporary cash investments.........      
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)....... 829,180 0 0
c Investments—corporate bonds (attach schedule)....... 815,233 Click to see attachment1,773,164 2,057,653
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,171,114 Click to see attachment2,262,074 3,436,486
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) 4,187,780 4,072,014 5,530,915
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 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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 4,187,780 4,072,014
29 Total net assets or fund balances (see instructions)..... 4,187,780 4,072,014
30 Total liabilities and net assets/fund balances (see instructions). 4,187,780 4,072,014
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
4,187,780
2
Enter amount from Part I, line 27a .....................
2
-268,627
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
152,861
4
Add lines 1, 2, and 3 ..........................
4
4,072,014
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,072,014
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 FROM K-1: PSI P    
b FROM K-1: PSI P    
c FROM K-1: STONETOWN 6 P    
d FROM K-1: STONETOWN 3 P    
e HOME DEPOT INC COM P 2019-08-07 2020-01-08
CAPITAL GAIN DISTRIBUTION P    
FROM K-1: PSI ONSHORE 1256 INCOME P    
FROM K-1: PSI ONSHORE SEC. 1231 INCOME P    
AFLAC INC NOTE CALL MAKE WHOLE3.60000% 0, 001055BJ0 P 2020-03-31 2020-07-23
AFLAC INC NOTE CALL MAKE WHOLE3.60000% 0, 001055BJ1 P 2020-03-31 2020-09-24
AIR LEASE CORP NOT CALL MAKE WHOLE P 2019-04-11 2020-01-31
AIR LEASE CORP SER A MTN P 2020-08-28 2020-11-21
ALTRIA GROUP INC NOTE CALL P 2020-01-30 2020-08-11
ALTRIA GROUP INC NOTE CALL P 2020-01-30 2020-10-20
AMERICAN TOWER CORP NEW NOTE P 2020-01-30 2020-06-08
BAKER HUGHES A GE COLLC P 2019-11-12 2020-03-09
BAT CAPITAL CORP MTN CALL MAKE WHOLE P 2020-10-16 2020-10-20
BECTON DICKINSON &CONOTE CALL MAKE WHOLE, 075887BV0 P 2020-02-03 2020-04-08
BECTON DICKINSON &CONOTE CALL MAKE WHOLE, 075887BV1 P 2020-02-07 2020-04-08
BECTON DICKINSON &CONOTE CALL MAKE WHOLE, 075887BV2 P 2020-03-27 2020-04-08
BIOGEN INC P 2020-06-08 2020-07-24
BOARDWALK PIPELEINGS LP NOTE P 2019-09-17 2020-01-30
BOARDWALK PIPELEINGS LP NOTE P 2020-10-20 2020-11-19
CAPITAL ONE P 2019-09-10 2020-01-30
CENOVUS ENERGY P 2019-06-21 2020-03-09
CENOVUS ENERGY P 2020-02-03 2020-03-09
CHARTER COMMUNICATION P 2019-11-07 2020-06-08
DUPOINT SE NEMOURS P 2020-10-20 2020-11-19
DUPOINT SE NEMOURS P 2020-04-06 2020-05-05
ENERGY TRANSFER OPERATING LP P 2020-02-03 2020-03-10
EQUINIX INC NOTE P 2020-01-30 2020-06-08
GOLDMAN SACHS GROUP INC NOTE P 2019-10-30 2020-01-30
HARRIS CORP DEL NOTE CALL MAKE WHOLE P 2019-05-22 2020-01-30
HARTFORD FINL SVCS GROUP INC P 2019-08-16 2020-03-31
HCA INC P 2020-03-27 2020-07-23
HEALTHPEAK PROPERTIES INC NOTE 3.40000%, 40414LAM1 P 2020-03-27 2020-08-11
HEALTHPEAK PROPERTIES INC NOTE 3.40000%, 40414LAM2 P 2020-04-06 2020-07-23
HEALTHPEAK PROPERTIES INC NOTE 3.40000%, 40414LAM3 P 2020-04-06 2020-08-27
INTERNATIONAL LEASE P 2020-05-28 2020-07-20
ISHARES IBOXX INVESTMENT P 2020-06-16 2020-08-11
ISHARES IBOXX INVESTMENT P 2020-04-08 2020-08-27
ISHARES IBOXX INVESTMENT P 2020-06-16 2020-08-27
ISHARES IBOXX INVESTMENT P 2020-04-08 2020-11-19
ISHARES IBOXX INVESTMENT P 2020-09-09 2020-11-19
ISHARES IBOXX INVESTMENT P 2020-04-08 2020-11-24
ISHARES IBOXX INVESTMENT P 2020-06-16 2020-07-23
ISHARES TR MBS ETF P 2020-09-09 2020-11-19
ISHARES TR MBS ETF P 2020-09-09 2020-11-24
JANUS DETROIT STR P 2020-01-31 2020-04-08
JANUS DETROIT STR P 2020-01-31 2020-07-23
JANUS DETROIT STR P 2020-01-31 2020-08-11
JANUS DETROIT STR P 2020-01-31 2020-09-09
JANUS DETROIT STR P 2020-01-31 2020-11-19
JANUS DETROIT STR P 2020-01-31 2020-11-24
KEURIG DR PEPPER INCNOTE P 2020-04-08 2020-07-23
KEURIG DR PEPPER INCNOTE P 2020-04-08 2020-08-11
KEURIG DR PEPPER INCNOTE P 2020-04-08 2020-12-03
KRAFT HEINZ FOODS P 2020-10-20 2020-11-19
KROGER CO P 2020-03-24 2020-05-18
KROGER CO P 2020-03-24 2020-06-08
MYLAN NV SER B P 2020-05-05 2020-08-11
NATIONAL RETAIL PROPERTIRES INC P 2019-06-25 2020-05-26
ROPER TECHNOLOGIES INC P 2020-06-09 2020-08-11
SEMPRA ENERGY P 2019-11-07 2020-10-20
SEMPRA ENERGY P 2020-03-27 2020-10-20
SOUTHWEST AIRL CO P 2020-06-09 2020-08-11
UNITED STATES TREAS P 2019-06-25 2020-04-07
UNITED STATES TREAS P 2019-11-12 2020-04-07
UNITED STATES TREAS P 2019-11-27 2020-04-07
UNITED STATES TREAS P 2020-09-09 2020-10-21
UNITED STATES TREAS P 2020-10-08 2020-11-24
UNITED STATES TREAS P 2020-11-19 2020-11-24
UNITED STATES TREAS P 2020-09-09 2020-11-19
UNITED STATES TREAS P 2020-09-09 2020-11-24
UNITED STATES TREAS P 2019-03-21 2020-01-30
UNITED STATES TREAS P 2019-06-25 2020-01-30
UNITED STATES TREAS P 2019-11-12 2020-01-30
UNITED STATES TREAS P 2020-09-09 2020-10-21
UNITED STATES TREAS P 2020-09-09 2020-11-19
UNITED STATES TREAS P 2020-01-30 2020-07-15
UNITED STATES TREAS P 2020-09-09 2020-11-24
VERIZON COMMUNICATION P 2019-06-06 2020-01-30
VMWARE INC NOTE CALL MAKE WHOLE3.90000%, 928563AC9 P 2020-02-03 2020-10-29
VMWARE INC NOTE CALL MAKE WHOLE3.90000%, 928563AC10 P 2020-03-27 2020-10-29
VULCAN MATLS CO NOTE P 2020-02-03 2020-07-23
VULCAN MATLS CO NOTE P 2020-02-03 2020-09-09
VULCAN MATLS CO NOTE P 2020-02-03 2020-10-16
VULCAN MATLS CO NOTE P 2020-02-05 2020-10-16
VULCAN MATLS CO NOTE P 2020-03-27 2020-10-16
WALGREEN BOOTS ALLIANCE INC P 2020-07-24 2020-08-11
WILLS NORTH AMER INC P 2019-11-08 2020-01-21
WILLS NORTH AMER INC P 2020-01-21 2020-01-30
BK OF AMERICA P 2019-06-06 2020-08-11
ENERGY TRANSFER OPERATING LP P 2019-03-05 2020-03-10
GENERAL MTRS FINL P 2019-11-08 2020-11-24
ISHARES TB MBS ETF P 2016-05-12 2020-04-08
ISHARES TB MBS ETF P 2016-05-12 2020-07-23
ISHARES TB MBS ETF P 2016-05-12 2020-08-11
ISHARES TB MBS ETF P 2016-06-29 2020-08-11
ISHARES TB MBS ETF P 2016-11-18 2020-08-11
ISHARES TB MBS ETF P 2019-10-01 2020-11-24
ISHARES TB MBS ETF P 2019-10-01 2020-12-18
ISHARES TB MBS ETF P 2019-11-27 2020-12-18
JP MORGAN CHASE & CO P 2017-11-13 2020-08-11
NATIONAL RETAIL PROPERTIES INC P 2019-04-08 2020-05-26
SEMPRA ENERGY NOTE CALL MAKE WHOLE P 2019-04-23 2020-07-23
SEMPRA ENERGY NOTE CALL MAKE WHOLE P 2019-04-23 2020-10-20
UNITED STATES REAS NTS P 2017-11-09 2020-04-07
UNITED STATES REAS NTS P 2017-11-09 2020-01-30
UNITED STATES REAS NTS P 2017-11-15 2020-01-30
UNITED STATES REAS NTS P 2017-11-09 2020-01-30
UNITED STATES REAS NTS P 2017-11-09 2020-04-07
UNITED STATES REAS NTS P 2019-03-15 2020-04-07
UNITED STATES REAS NTS P 2019-06-25 2020-07-15
UNITED STATES REAS NTS P 2017-11-09 2020-08-11
UNITED STATES REAS NTS P 2019-06-25 2020-08-11
UNITED STATES REAS NTS P 2017-11-09 2020-10-21
UNITED STATES REAS NTS P 2019-06-25 2020-07-23
UNITED STATES REAS NTS P 2017-11-09 2020-08-11
UNITED STATES REAS NTS P 2019-06-25 2020-08-11
UNITED STATES REAS NTS P 2017-11-09 2020-11-19
UNITED STATES REAS NTS P 2019-11-12 2020-11-19
UNITED STATES REAS NTS P 2017-11-09 2020-11-24
UNITED STATES REAS NTS P 2017-11-09 2020-07-15
UNITED STATES REAS NTS P 2019-06-25 2020-07-15
UNITED STATES REAS NTS P 2019-11-12 2020-11-24
UNITED STATES REAS NTS P 2017-11-09 2020-01-30
UNITED STATES REAS NTS P 2017-11-15 2020-01-30
UNITED STATES REAS NTS P 2017-11-09 2020-01-30
UNITED STATES REAS NTS P 2017-11-09 2020-01-30
UNITED STATES REAS NTS P 2019-06-25 2020-07-15
UNITED STATES REAS NTS P 2017-11-09 2020-08-27
UNITED STATES REAS NTS P 2019-06-25 2020-08-27
UNITED STATES REAS NTS P 2017-11-09 2020-10-21
UNITED STATES REAS NTS P 2017-11-09 2020-11-19
UNITED STATES REAS NTS P 2019-03-15 2020-11-19
UNITED STATES REAS NTS P 2019-11-12 2020-11-19
UNITED STATES REAS NTS P 2019-03-15 2020-11-24
UNITED STATES REAS NTS P 2017-11-09 2020-07-15
UNITED STATES REAS NTS P 2019-06-25 2020-07-15
UNITED STATES REAS NTS P 2017-11-09 2020-07-23
UNITED STATES REAS NTS P 2019-03-21 2020-07-23
UNITED STATES REAS NTS P 2019-03-21 2020-08-11
UNITED STATES REAS NTS P 2019-11-12 2020-11-19
UNITED STATES REAS NTS P 2019-11-12 2020-11-24
UNITED STATES REAS NTS P 2019-03-21 2020-07-15
UNITED STATES REAS NTS P 2019-03-21 2020-07-23
UNITED STATES REAS NTS P 2019-03-21 2020-08-11
UNITED STATES REAS NTS P 2019-03-21 2020-11-19
UNITED STATES REAS NTS P 2019-03-21 2020-11-24
UNITED STATES REAS NTS P 2017-11-09 2020-07-15
UNITED STATES REAS NTS P 2019-06-25 2020-07-15
UNITED STATES REAS NTS P 2017-11-09 2020-08-11
UNITED STATES REAS NTS P 2017-11-09 2020-11-19
UNITED STATES REAS NTS P 2019-11-12 2020-11-19
UNITED STATES REAS NTS P 2017-11-09 2020-11-24
VMWARE INC P 2019-06-25 2020-07-23
VMWARE INC P 2019-06-25 2020-10-29
AMERN TOWER CORP REIT: AMT P 2020-03-06 2020-12-03
AMGEN INC.: AMGN P 2019-10-08 2020-06-01
ANTHEM INC: ANTM P 2020-02-27 2020-11-17
BRISTOL-MYERS SQUIBB: BMY P 2020-04-21 2020-08-17
BRISTOL-MYERS SQUIBB: BMY P 2020-06-12 2020-08-17
CITIGROUP INC: C P 2020-06-17 2020-11-02
DOW INC: DOW P 2020-11-12 2020-12-03
ISHARES RUSSELL 2000 P 2019-12-03 2020-04-24
NXP SEMICONDUCTORS P 2019-09-24 2020-05-26
ORACLE CORP: ORCL P 2019-05-20 2020-02-26
SPDR S&P 500 GROWTH ETF IV: SPYG P 2020-06-19 2020-11-05
SYNCHRONY FINL: SYF P 2019-05-08 2020-04-29
VISTRA ENERGY CORP: VST P 2020-05-01 2020-09-14
ACCENTURE PLC P 2015-02-12 2020-07-30
AMERICAN EXPRESS CO: AXP P 2016-12-05 2020-05-29
APPLE INC: AAPL P 2016-09-30 2020-08-05
BOEING CO: BA P 2018-04-19 2020-03-11
CARNIVAL CORP P 2019-03-01 2020-03-17
CBRE GROUP INC CBRE P 2017-07-06 2020-05-14
CITIGROUP INC: C P 2018-07-19 2020-11-02
COMCAST CORP CLASS CMCSA P 2018-12-11 2020-07-09
DANAHER CORP: DHR P 2017-12-08 2020-10-23
EATON CORP PLC F: ETN P 2018-05-15 2020-06-10
INGERSOLL RAND INC: IR P 2017-03-24 2020-03-02
INGERSOLL RAND INC: IR P 2017-03-24 2020-03-09
LAM RESEARCH CORP: LRCX P 2019-10-30 2020-11-11
PRINCIPAL FINL: PFG P 2016-08-11 2020-04-17
STARBUCKS CORP: SBUX P 2018-12-27 2020-07-01
TRANE TECHNOLOGIES PLC F: TT P 2017-03-24 2020-03-30
U S BANCORP: USB P 2016-09-27 2020-08-27
UNITED TECHNOLOGIES CORPTRADES WITH DUE BILLS: UTX P 2019-03-04 2020-04-01
US TREASU NT 0.193%07XXX**MATURED**: 912828Y53 P 2018-07-25 2020-07-31
WALT DISNEY CO: DIS P 2018-07-09 2020-05-01
(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       -15,503
b       16,397
c       -801
d       1,103
e 33,037   30,816 2,221
      88
      -20,650
      472
2,388   2,024 364
10,473   9,105 1,368
10,430   9,692 738
2,055   1,982 73
3,231   3,032 199
14,975   14,145 830
17,907   17,243 664
13,937   14,944 -1,007
14,979   15,186 -207
15,116   15,766 -650
1,008   1,049 -41
1,008   991 17
17,630   17,441 189
10,528   10,501 27
2,322   2,329 -7
11,674   11,361 313
10,088   12,335 -2,247
2,522   3,204 -682
15,784   14,694 1,090
2,026   2,021 5
17,227   16,816 411
3,015   3,341 -326
18,056   17,213 843
10,799   10,579 220
10,811   10,272 539
9,777   10,051 -274
2,317   2,001 316
2,338   2,001 337
3,285   2,945 340
17,611   15,705 1,906
18,540   18,275 265
3,850   3,751 99
25,464   23,628 1,836
6,198   6,162 36
276   250 26
138   135 3
138   125 13
4,700   4,555 145
5,620   5,640 -20
1,873   1,880 -7
3,931   3,932 -1
751   734 17
3,813   3,722 91
54   52 2
965   944 21
482   472 10
2,278   2,019 259
2,273   2,018 255
14,713   13,117 1,596
2,080   2,084 -4
9,341   8,946 395
9,411   8,946 465
2,283   2,114 169
2,891   3,071 -180
2,058   1,978 80
4,396   4,064 332
1,099   990 109
3,199   3,169 30
2,713   2,688 25
603   600 3
402   400 2
308   308 0
308   308 0
308   308 0
321   322 -1
107   107 0
10,325   9,617 708
1,686   1,637 49
421   411 10
101   101 0
111   112 -1
2,433   2,233 200
108   110 -2
10,323   9,771 552
4,424   4,238 186
2,212   1,975 237
2,238   2,165 73
2,258   2,162 96
7,956   7,560 396
5,683   5,381 302
1,137   1,011 126
2,135   2,130 5
15,027   14,772 255
14,649   14,472 177
2,272   2,014 258
11,055   11,283 -228
2,208   1,999 209
26,769   26,616 153
332   329 3
7,745   7,667 78
3,651   3,601 50
12,059   11,769 290
1,322   1,297 25
12,107   11,887 220
991   973 18
2,300   2,036 264
11,565   11,811 -246
2,260   1,941 319
8,792   7,765 1,027
7,580   7,304 276
16,130   15,064 1,066
802   751 51
39,786   39,551 235
2,211   2,186 25
15,274   14,992 282
1,237   1,197 40
4,117   3,935 182
206   200 6
16,017   15,347 670
835   801 34
1,982   1,867 115
209   200 9
312   295 17
104   100 4
312   295 17
2,374   2,166 208
216   202 14
107   101 6
16,436   15,468 968
738   697 41
4,025   3,935 90
4,149   4,029 120
1,413   1,384 29
15,628   15,096 532
403   395 8
8,962   8,668 294
201   195 6
6,139   5,927 212
503   495 8
201   194 7
213   187 26
320   293 27
214   187 27
427   374 53
1,385   1,216 169
212   196 16
211   196 15
337   294 43
563   491 72
1,010   883 127
111   98 13
222   196 26
2,260   2,091 169
538   507 31
1,719   1,593 126
534   498 36
320   304 16
320   299 21
2,188   2,023 165
9,954   9,101 853
22,685   24,105 -1,420
11,338   9,811 1,527
32,947   26,501 6,446
19,118   18,179 939
12,745   11,263 1,482
4,242   5,356 -1,114
10,735   10,335 400
24,199   31,791 -7,592
20,562   20,778 -216
26,217   27,020 -803
31,656   27,108 4,548
16,768   27,161 -10,393
9,350   9,440 -90
11,169   4,428 6,741
19,130   14,443 4,687
21,881   5,643 16,238
19,517   34,026 -14,509
5,144   23,293 -18,149
17,061   18,309 -1,248
16,968   27,570 -10,602
27,559   26,191 1,368
11,630   4,646 6,984
27,866   21,656 6,210
15   10 5
4,082   3,581 501
21,315   13,882 7,433
15,217   23,612 -8,395
22,179   18,633 3,546
16,611   12,381 4,230
22,184   25,609 -3,425
17,993   25,187 -7,194
20,000   20,000 0
21,104   21,027 77
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       -15,503
b       16,397
c       -801
d       1,103
e       2,221
      88
      -20,650
      472
      364
      1,368
      738
      73
      199
      830
      664
      -1,007
      -207
      -650
      -41
      17
      189
      27
      -7
      313
      -2,247
      -682
      1,090
      5
      411
      -326
      843
      220
      539
      -274
      316
      337
      340
      1,906
      265
      99
      1,836
      36
      26
      3
      13
      145
      -20
      -7
      -1
      17
      91
      2
      21
      10
      259
      255
      1,596
      -4
      395
      465
      169
      -180
      80
      332
      109
      30
      25
      3
      2
      0
      0
      0
      -1
      0
      708
      49
      10
      0
      -1
      200
      -2
      552
      186
      237
      73
      96
      396
      302
      126
      5
      255
      177
      258
      -228
      209
      153
      3
      78
      50
      290
      25
      220
      18
      264
      -246
      319
      1,027
      276
      1,066
      51
      235
      25
      282
      40
      182
      6
      670
      34
      115
      9
      17
      4
      17
      208
      14
      6
      968
      41
      90
      120
      29
      532
      8
      294
      6
      212
      8
      7
      26
      27
      27
      53
      169
      16
      15
      43
      72
      127
      13
      26
      169
      31
      126
      36
      16
      21
      165
      853
      -1,420
      1,527
      6,446
      939
      1,482
      -1,114
      400
      -7,592
      -216
      -803
      4,548
      -10,393
      -90
      6,741
      4,687
      16,238
      -14,509
      -18,149
      -1,248
      -10,602
      1,368
      6,984
      6,210
      5
      501
      7,433
      -8,395
      3,546
      4,230
      -3,425
      -7,194
      0
      77
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 -3,630
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 0
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 13,587
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 13,587
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 13,587
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet13,587 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletF FOX BENTON III Telephone no.bullet (713) 680-8280

    Located atbullet8818 STABLE CREST BLVDHOUSTONTX ZIP+4bullet77024
    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
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    F FOX BENTON III PRES & DIRECTOR
    1.00     		0 0 0
    8818 STABLE CREST BLVD
    HOUSTON,TX77024
    MONICA K BENTON SEC & DIRECTOR
    1.00     		0 0 0
    8818 STABLE CREST BLVD
    HOUSTON,TX77024
    LUCIA BENTON DIRECTOR
    1.00     		0 0 0
    3 WAVERLY COURT
    HOUSTON,TX77005
    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 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,884,880
    b
    Average of monthly cash balances.......................
    1b
    188,775
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,436,486
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,510,141
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    5,510,141
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    82,652
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,427,489
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    271,374
    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
    271,374
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    412
    c
    Add lines 2a and 2b............................
    2c
    412
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    270,962
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    270,962
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    270,962
    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
    205,000
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    205,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    205,000
    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 7 270,962
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 426,229
    c From 2017...... 91,131
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 517,360
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 205,000
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 205,000
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 65,962 65,962
    (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 5 451,398
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		451,398
    10 Analysis of line 9:
    a Excess from 2016.... 360,267
    b Excess from 2017.... 91,131
    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).)
    F FOX BENTON III
    MONICA K BENTON
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    COMMEMORATIVE AIR FORCE
    PO BOX 764769
    DALLAS,TX75376     		N/A 501(C)(3) CHARITABLE 10,000
    HOUSTON MUSEUM OF NATURAL SCIENCE
    5555 HERMANN PARK DR
    HOUSTON,TX77030     		N/A 501(C)(3) CHARITABLE 10,000
    MEMORIAL HERMANN FOUNDATION
    1333 MOURSUND ST
    HOUSTON,TX77030     		N/A 501(C)(3) CHARITABLE 50,000
    NATIONAL OUTDOOR LEADERSHIP SCHOOL
    284 LINCOLN STREET
    LANDER,WY825202848     		N/A 501(C)(3) CHARITABLE 60,000
    RARE SPECIES CONSERVATORY FOUNDATION
    14611 SOUTHERN BLVD
    LOXAHATCHEE,FL33470     		N/A 501(C)(3) CHARITABLE 20,000
    SAN DIEGO AIR AND SPACE MUSEUM
    2001 PAN AMERICAN PLAZA
    SAN DIEGO,CA92101     		N/A 501(C)(3) CHARITABLE 5,000
    FLORIDA INTERNATIONAL UNIVERSITY
    11200 SW 8TH ST
    MIAMI,FL33199     		N/A 501(C)(3) CHARITABLE 50,000
    Total .................................bullet 3a 205,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 15,984  
    4 Dividends and interest from securities....     14 47,888  
    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 13,641  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -3,630  
    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).. 0 73,883 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    73,883
    (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:
    FOX AND MONICA BENTON FOUNDATION
    EIN:
    20-2034030
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 12,360 12,360   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN:
    20-2034030
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIXED INCOME ACCOUNT 691,292 723,790
    MARKETABLE SECURITIES - CHARLES SCHWAB 1,081,872 1,333,863

    TY 2020 InvestmentsOtherSchedule2
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN:
    20-2034030
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PACIFIC STRATEGIC INVESTORS (HEDGE FUND), LP AT COST 2,060,633 2,783,986
    STONETOWN HOLDINGS, LLLP INVESTMENTS (2) AT COST 201,441 652,500

    TY 2020 OtherExpensesSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN:
    20-2034030
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FROM K-1: PACIFIC STRATEGIC INVESTORS (HEDGE FUND), LP 26,361 26,361   0
    BANK FEES 98 98   0
    FROM K-1: PACIFIC STRATEGIC INVESTORS (HEDGE FUND), LP 1,581 1,581   0
    FROM K-1: STONETOWN 3 HOLDINGS 5,714 5,714   0
    FROM K-1: STONETOWN 3 HOLDINGS 23 0   0
    FROM K-1: STONETOWN 6 HOLDINGS 17,527 17,527   0
    FROM K-1: STONETOWN 6 HOLDINGS 16 16   0
    FROM K-1: STONETOWN 6 HOLDINGS 3 0   0
    FROM K-1: STONETOWN 6 HOLDINGS 141 141   0


    TY 2020 OtherIncomeSchedule2
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN:
    20-2034030
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM K-1: STONETOWN 3 HOLDINGS, LLLP 13,641 13,641 13,641


    TY 2020 OtherIncreasesSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN:
    20-2034030
    Description Amount
    CHANGE IN UNREALIZED GAINS & LOSSES 152,861


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN:
    20-2034030
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 15,959 15,959   0


    TY 2020 TaxesSchedule
    Name:
    FOX AND MONICA BENTON FOUNDATION
    EIN:
    20-2034030
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,222 2,222   0
    TAXES 55,022 0   0
    STATE TAXES 208 208   0