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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE COOPER MATTHEWS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3703 EASTLEDGE DR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AUSTIN, TX78731
A Employer identification number

36-4922870
B Telephone number (see instructions)

(512) 236-1638
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$39,575,128J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 341,021 316,568  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 358,312
b Gross sales price for all assets on line 6a 972,464
7 Capital gain net income (from Part IV, line 2)... 358,312
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 2,962
b Less: Cost of goods sold.... 5,014
c Gross profit or (loss) (attach schedule)..... -2,052  
11 Other income (attach schedule)....... Click to see attachment 650,945 506,543  
12 Total. Add lines 1 through 11........ 1,348,226 1,181,423  
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 6,840 0   0
c Other professional fees (attach schedule).... Click to see attachment 46,995 46,645   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 59,971 38,950   0
19 Depreciation (attach schedule) and depletion... 284,917 195,882  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 9,656 972   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 408,379 282,449   0
25 Contributions, gifts, grants paid....... 585,000 585,000
26 Total expenses and disbursements. Add lines 24 and 25 993,379 282,449   585,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 354,847
b Net investment income (if negative, enter -0-) 898,974
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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.............   18,017 18,017
2 Savings and temporary cash investments.........   323,320 323,320
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)....... 0 Click to see attachment9,322,874 23,246,175
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment2,143,895 15,574,303
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment413,313 Click to see attachment413,313
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 0 12,221,419 39,575,128
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 0 12,221,419
29 Total net assets or fund balances (see instructions)..... 0 12,221,419
30 Total liabilities and net assets/fund balances (see instructions). 0 12,221,419
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
0
2
Enter amount from Part I, line 27a .....................
2
354,847
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
11,876,463
4
Add lines 1, 2, and 3 ..........................
4
12,231,310
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
9,891
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
12,221,419
Form 990-PF (2021)
Form 990-PF (2021)
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 CAPITAL GAINS/LOSSES FROM K-1S P 2021-01-01 2021-12-31
b CAPITAL GAIN DIVIDENDS P 2021-01-01 2021-12-31
c ADVANCED MICRO DEVICES INC   2021-01-01 2021-12-31
d ALPHABET INC CL A   2021-01-01 2021-12-31
e APPLE INC COM   2021-01-01 2021-12-31
BLACKROCK INC   2021-01-01 2021-12-31
BLACKSTONE INC COM   2021-01-01 2021-12-31
CENTENE CORP DEL COM   2021-01-01 2021-12-31
CHEVRON CORP NEW COM   2021-01-01 2021-12-31
COCA-COLA CO   2021-01-01 2021-12-31
CONOCOPHILLIPS   2021-01-01 2021-12-31
CVS HEALTH CORP COM   2021-01-01 2021-12-31
ISHARES CORE S&P MIDCAP ETF   2021-01-01 2021-12-31
ISHARES CORE S&P SMALL CAP ETF   2021-01-01 2021-12-31
JOHNSON & JOHNSON   2021-01-01 2021-12-31
JPMORGAN CHASE & CO   2021-01-01 2021-12-31
LAM RESEARCH CORP COM   2021-01-01 2021-12-31
LOWES COMPANIES INC   2021-01-01 2021-12-31
MERCK & CO INC   2021-01-01 2021-12-31
MICROSOFT CORP   2021-01-01 2021-12-31
MONDELEZ INTERNATIONAL INC   2021-01-01 2021-12-31
NIKE INC CL B COM   2021-01-01 2021-12-31
ORGANON & CO COMMON STOCK COM   2021-01-01 2021-12-31
PEPSICO INC COM   2021-01-01 2021-12-31
S&P GLOBAL INC   2021-01-01 2021-12-31
SALESFORCE COM INC COM   2021-01-01 2021-12-31
SERVICENOW INC   2021-01-01 2021-12-31
SPLUNK INC   2021-01-01 2021-12-31
VANGUARD FTSE EMERGING MARKETS   2021-01-01 2021-12-31
VANGUARD INFORMATION TECHNOLOG   2021-01-01 2021-12-31
(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     56,195 -56,195
b 60,422     60,422
c 124,229   48,614 75,615
d 5,855   538 5,317
e 36,754   3,756 32,998
21,910   8,292 13,618
10,556   3,857 6,699
1,705   1,397 308
28,283   26,525 1,758
5,626   3,793 1,833
4,232   3,244 988
7,698   5,881 1,817
4,325   1,827 2,498
5,433   2,579 2,854
7,586   123 7,463
28,150   7,713 20,437
2,326   779 1,547
2,577   925 1,652
15,796   68 15,728
46,866   3,782 43,084
6,726   3,114 3,612
83,335   35,976 47,359
8,831   4,763 4,068
6,896   2,800 4,096
7,295   3,694 3,601
3,639   2,889 750
38,513   21,599 16,914
76,727   111,498 -34,771
249,280   217,279 32,001
70,893   30,652 40,241
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       -56,195
b       60,422
c       75,615
d       5,317
e       32,998
      13,618
      6,699
      308
      1,758
      1,833
      988
      1,817
      2,498
      2,854
      7,463
      20,437
      1,547
      1,652
      15,728
      43,084
      3,612
      47,359
      4,068
      4,096
      3,601
      750
      16,914
      -34,771
      32,001
      40,241
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 2 358,312
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 12,496
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 12,496
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 15,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 16,000
d Backup withholding erroneously withheld ........... 6d 29
7 Total credits and payments. Add lines 6a through 6d.............. 7 31,029
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 141
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 18,392
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet18,392 RefundedBullet 11 0
Part VI-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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 ofbulletCONDLEY COMPANY LLP Telephone no.bullet (325) 677-6251

    Located atbulletPO BOX 2993ABILENETX ZIP+4bullet79604
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
     
     
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    JAMES AMATTHEWS PRESIDENT
    0.00     		0 0 0
    PO BOX 701
    ABILENE,TX79604
    MARY CLARE MATTHEWS VICE PRESIDENT/SECRETARY
    0.00     		0 0 0
    PO BOX 701
    ABILENE,TX79604
    CLIVE DEMMONS TREASURER
    0.00     		0 0 0
    PO BOX 701
    ABILENE,TX79604
    JACKSON MATTHEWS ADVISORY DIRECTOR
    0.00     		0 0 0
    PO BOX 701
    ABILENE,TX79604
    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 (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 VIII-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 N/A 0
    2  
    3  
    4  
    Part VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    20,990,801
    b
    Average of monthly cash balances.......................
    1b
    274,641
    c
    Fair market value of all other assets (see instructions)................
    1c
    15,987,573
    d
    Total (add lines 1a, b, and c).........................
    1d
    37,253,015
    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
    37,253,015
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    558,795
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    36,694,220
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,834,711
    Part X
    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 IX, line 6..................
    1
    1,834,711
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    12,496
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,496
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,822,215
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,822,215
    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 XII, line 1 ...
    7
    1,822,215
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,822,215
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 585,000
    a Applied to 2020, 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 2021 distributable amount..... 585,000
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (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 0
    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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		1,237,215
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MARY CLARE MATTHEWS
    3703 EASTLEDGE DR
    AUSTIN,TX78731
    (512) 236-1638
    bThe form in which applications should be submitted and information and materials they should include:
    ALL APPLICATIONS SHOULD BE WRITTEN
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    RECIPIENTS MUST BE TAX-EXEMPT ENTITIES
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    4ATX FOUNDATION
    1835A KRAMER LANE 600
    AUSTIN,TX78758     		NONE PC OPERATIONAL SUPPORT 40,000
    BREWSTER ACADEMY
    80 ACADEMY DR
    WOLFEBORO,NH03894     		NONE PC OPERATIONAL SUPPORT 10,000
    CANINE COMPANIONS FOR INDEPENDENCE
    PO BOX 630919
    IRVING,TX75063     		NONE PC OPERATIONAL SUPPORT 50,000
    CENTRAL AUSTIN HOCKEY ASSOCIATION
    PO BOX 2338
    ABILENE,TX79604     		NONE PC OPERATIONAL SUPPORT 165,000
    COMMUNITIES IN SCHOOLS
    3000 S IH 36 SUITE 200
    AUSTIN,TX78704     		NONE PC OPERATIONAL SUPPORT 10,000
    COMMUNITY FIRST VILLAGE MOBILE LOAVES FISHES
    9301 HOG EYE RD
    AUSTIN,TX78724     		NONE PC OPERATIONAL SUPPORT 10,000
    DIVINE CANINE
    2103 CO-42
    LOUISVILLE,CO80027     		NONE PC OPERATIONAL SUPPORT 5,000
    DOG IS MY CO-PILOT
    PO BOX 3399
    JACKSON,WY83001     		NONE PC OPERATIONAL SUPPORT 30,000
    EPISCOPAL HIGH SCHOOL
    4650 BISSONNET ST
    BELLAIRE,TX77401     		NONE PC OPERATIONAL SUPPORT 5,000
    EXPLORE AUSTIN
    PO BOX 50470
    AUSTIN,TX78783     		NONE PC OPERATIONAL SUPPORT 200,000
    FLATWATER FOUNDATION
    3675 FAR WEST BLVD 29810
    AUSTIN,TX78731     		NONE PC OPERATIONAL SUPPORT 20,000
    HOSPICE AUSTIN
    4107 SPICEWOOD SPIRNGS ROAD SUITE
    100
    AUSTIN,TX78759     		NONE PC OPERATIONAL SUPPORT 5,000
    ST GEORGE'S FUND
    4301 NORTH IH-35
    AUSTIN,TX78722     		NONE PC OPERATIONAL SUPPORT 5,000
    UNITED WAY SUCCESS BY SIX
    543 LAWRENCE AVE SUITE E
    LAWRENCE,KS66049     		NONE PC OPERATIONAL SUPPORT 10,000
    WEST AUSTIN YOUTH ASSOCIATION
    1314 EXPOSITION BLVD
    AUSTIN,TX78703     		NONE PC OPERATIONAL SUPPORT 20,000
    Total .................................bullet 3a 585,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 358,312  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory 211110 -2,052      
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 142,350 1,205,876 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,348,226
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    THE COOPER MATTHEWS FOUNDATION
    EIN:
    36-4922870
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,840 0   0

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE COOPER MATTHEWS FOUNDATION
    EIN:
    36-4922870
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADVANCED MICRO DEVICES INC 158,655 350,828
    ALPHABET INC CL A 165,566 512,776
    AMAZON.COM INC 168,019 423,461
    AMEN PPTS INC 29,756 34,365
    APPLE INC COM 131,900 708,859
    BLACKROCK INC 168,038 350,659
    BLACKSTONE INC COM 121,191 297,856
    CENTENE CORP 134,035 184,164
    CHEVRON CORP NEW COM 256,375 307,105
    CITIGROUP INC 70,011 59,545
    COCA-COLA CO 191,052 243,472
    CONOCOPHILLIPS 75,174 97,010
    CVS HEALTH CORP COM 165,369 242,220
    FIRST FINANCIAL BANKSHARES 1,162,034 2,780,694
    FIRST FINANCIAL BANKSHARES 30,088 5,987,387
    HONEYWELL INTERNATIONAL INC 148,694 236,450
    ISHARES CORE S&P MIDCAP ETF 756,158 1,323,682
    ISHARES CORE S&P SMALL CAP ETF 198,627 342,614
    ISHARES MSCI EMERGING MARKETS ETF 36,568 69,514
    ISHARES TR US TRANSPORTATION ETF FD 126,444 198,786
    JOHNSON & JOHNSON 102,959 266,698
    JPMORGAN CHASE & CO 239,065 414,877
    LAM RESEARCH CORP COM 72,767 250,264
    LOCKHEED MARTIN CORP 123,054 134,700
    LOWES COMPANIES INC 67,111 198,771
    MAIN STREET CAPITAL CORP 280,439 1,019,129
    MASTERCARD INC CL A 319,924 413,577
    MCDONALDS CORP 50,163 81,225
    MEDTRONIC PLC 117,687 143,899
    MERCK & CO INC 105,124 224,479
    META PLATFORMS INC CL A 118,958 254,953
    MICROSOFT CORP 122,285 634,972
    MONDELEZ INTERNATIONAL INC 169,060 276,049
    NIKE INC CL B 36,370 94,502
    NORTHROP GRUMMAN CORP 58,898 73,156
    NOVARTIS AG SPON ADR 49,680 61,229
    PEPSICO INC COM 164,713 273,593
    S&P GLOBAL INC 89,110 153,377
    SALESFORCE COM INC COM 177,995 188,564
    SERVICENOW INC 76,512 135,664
    SPDR S&P BIOTECH ETF 200,886 236,236
    THE WALT DISNEY CO 193,334 284,843
    UNITEDHEALTH GROUP INC 51,556 95,909
    VANGUARD FTSE DEVELOPED MARKETS ETF 1,129,370 1,336,956
    VANGUARD FTSE EMERGING MARKETS ETF 392,075 502,217
    VANGUARD INFORMATION TECHNOLOGY INDEX ETF 37,762 75,598
    WORKDAY INC CLASS A 101,980 164,728
    AIM INTL MUT FDS INVESCO INTL MUT FDS INTERNATIONAL SMALLMID COMPANY FD CL Y 175,688 244,301
    JPMORGAN SMALL CAP EQUITY FUND SEL 204,595 260,262

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE COOPER MATTHEWS FOUNDATION
    EIN:
    36-4922870
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    O&G PROPERTIES LESS ACCUM DEPLETION AT COST 697,060 1,422,858
    JMK INVESTMENTS FMV 331,593 2,877,941
    TEJON ENERGY FMV 1,115,242 11,273,504

    TY 2021 OtherAssetsSchedule
    Name:
    THE COOPER MATTHEWS FOUNDATION
    EIN:
    36-4922870
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 0 43 43
    DUE FROM TECUMSEH FOUNDATION 0 413,270 413,270


    TY 2021 OtherDecreasesSchedule
    Name:
    THE COOPER MATTHEWS FOUNDATION
    EIN:
    36-4922870
    Description Amount
    NON-DEDUCTIBLE EXPENSES 71
    AT-RISK LIMITATIONS 9,820


    TY 2021 OtherExpensesSchedule
    Name:
    THE COOPER MATTHEWS FOUNDATION
    EIN:
    36-4922870
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ROYALTY EXPENSES 972 972   0
    MISCELLANEOUS EXPENSE 234 0   0
    OFFICE EQUIPMENT AND FURNITURE 8,450 0   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE COOPER MATTHEWS FOUNDATION
    EIN:
    36-4922870
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OIL & GAS ROYALTIES 404,950 404,950 404,950
    PARTNERSHIP INCOME 101,593 101,593 101,593
    PARTNERSHIP INCOME- UBI PORTION 144,402 0 144,402


    TY 2021 OtherIncreasesSchedule
    Name:
    THE COOPER MATTHEWS FOUNDATION
    EIN:
    36-4922870
    Description Amount
    ADDITIONAL PERCENTAGE DEPLETION 22,385
    FUNDING FROM TECUMSEH FOUNDATION 11,854,078


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE COOPER MATTHEWS FOUNDATION
    EIN:
    36-4922870
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUSTEE FEES 46,645 46,645   0
    WORKING INTEREST TRUSTEE FEES 350 0   0


    TY 2021 TaxesSchedule
    Name:
    THE COOPER MATTHEWS FOUNDATION
    EIN:
    36-4922870
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX EXPENSE 15,029 0   0
    FOREIGN TAX WITHHELD 5,992 0   0
    ROYALTY PRODUCTION TAX 19,603 19,603   0
    ROYALTY AD VALOREM TAX 19,347 19,347   0