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
STEDMAN WEST FOUNDATION
(FKA NEVA AND WESLEY WEST FOUNDATION)
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 7
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX770010007
A Employer identification number

74-6039393
B Telephone number (see instructions)

(713) 520-0400
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$34,946,118J 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 110 110  
4 Dividends and interest from securities... 517,837 517,837  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,430,188
b Gross sales price for all assets on line 6a 3,660,483
7 Capital gain net income (from Part IV, line 2)... 2,430,188
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 224,885 266,719 0
12 Total. Add lines 1 through 11........ 3,173,020 3,214,854 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 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 11,823 11,823 0 0
c Other professional fees (attach schedule).... Click to see attachment 20,211 20,211 0 0
17 Interest............... 19,322 19,322 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 50,695 15,425 0 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 213,059 196,729 0 13,000
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 315,110 263,510 0 13,000
25 Contributions, gifts, grants paid....... 1,430,250 1,430,250
26 Total expenses and disbursements. Add lines 24 and 25 1,745,360 263,510 0 1,443,250
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,427,660
b Net investment income (if negative, enter -0-) 2,951,344
c Adjusted net income (if negative, enter -0-)... 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.............      
2 Savings and temporary cash investments......... 1,550,275 2,333,398 2,333,398
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)....... 97,359 0 0
c Investments—corporate bonds (attach schedule)....... 7,444,244 Click to see attachment7,894,037 7,555,484
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet       69,880
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 14,440,159 Click to see attachment14,752,532 24,955,264
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment52,362 Click to see attachment32,092 Click to see attachment32,092
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 23,584,399 25,012,059 34,946,118
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........ 10,886,611 10,886,609
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 12,697,788 14,125,450
29 Total net assets or fund balances (see instructions)..... 23,584,399 25,012,059
30 Total liabilities and net assets/fund balances (see instructions). 23,584,399 25,012,059
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
23,584,399
2
Enter amount from Part I, line 27a .....................
2
1,427,660
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
25,012,059
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
25,012,059
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 P    
b CAPITAL GAINS FROM K-1'S P    
c CAPITAL GAINS P    
d CAPITAL GAINS FROM K-1'S P    
e CAPITAL GAIN DISTRIBUTIONS P    
DISTRIBUTIONS IN EXCESS OF BASIS P    
CAPITAL GAINS FROM INVESTMENTS DISPOSED OF P    
(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 411,192   383,105 28,087
b     10,378 -10,378
c 1,792,586   836,812 955,774
d 1,102,778     1,102,778
e 203,613     203,613
95,708     95,708
54,606     54,606
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       28,087
b       -10,378
c       955,774
d       1,102,778
e       203,613
      95,708
      54,606
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 2,430,188
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 17,709
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 41,024
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 41,024
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 34,092
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 34,092
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 331
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 7,263
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
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 ofbulletRANDOLPH L PULLIN Telephone no.bullet (713) 520-0400

    Located atbulletPO BOX 7HOUSTONTX ZIP+4bullet770010007
    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)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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
     
    No
    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
    LYNN S MEAGHER TRUSTEE
    1.00     		0 0 0
    1600 WEST LOOP SOUTH SUITE 2700
    HOUSTON,TX77027
    STUART W STEDMAN TRUSTEE
    4.00     		0 0 0
    1600 WEST LOOP SOUTH SUITE 2700
    HOUSTON,TX77027
    RANDOLPH L PULLIN TRUSTEE
    2.00     		0 0 0
    1600 WEST LOOP SOUTH SUITE 2700
    HOUSTON,TX77027
    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  
    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
    31,126,722
    b
    Average of monthly cash balances.......................
    1b
    2,304,221
    c
    Fair market value of all other assets (see instructions)................
    1c
    101,657
    d
    Total (add lines 1a, b, and c).........................
    1d
    33,532,600
    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
    33,532,600
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    502,989
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    33,029,611
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,651,481
    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
    1,651,481
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    41,024
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    41,024
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,610,457
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,610,457
    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
    1,610,457
    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 1,610,457
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 1,393,968
    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$ 1,443,250
    a Applied to 2020, but not more than line 2a 1,393,968
    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..... 49,282
    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 ..........     		1,561,175
    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:
    STEDMAN WEST FOUNDATION ATTN STUART
    PO BOX 7
    HOUSTON,TX77001
    (713) 520-0400
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS FOR GRANTS SHOULD BE SUBMITTED IN LETTER OR PROPOSAL FORM. ORGANIZATIONS THAT APPLY SHOULD INCLUDE A BRIEF DESCRIPTION OF THE ORGANIZATION'S ACTIVITY, THE PROPOSED USE OF THE FUNDS REQUESTED,THE AMOUNT OF FUNDS REQUESTED AND OTHER INFORMATION CONSIDERED PERTINENT TO THE REQUEST.
    cAny submission deadlines:
    GRANTS MAY BE MADE AT ANY MEETING OF THE TRUSTEES. APPLICATIONS SHOULD BE SUBMITTED PRIOR TO THE FIR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE MADE ONLY TO PUBLICLY SUPPORTED 501(C)(3) ORGANIZATIONS. APPLICATIONS FROM INDIVIDUALS ARE NOT CONSIDERED. IN AWARDING GRANTS, THE FOUNDATION GIVES PREFERENCE TO TEXAS ORGANIZATIONS. THE MAJORITY OF GRANTS ARE MADE TO MEDICAL, EDUCATIONAL AND CULTURAL ARTS ORGANIZATIONS; HOWEVER, TO THE EXTENT THAT FUNDS ARE AVAILABLE, GRANTS MAY BE MADE FOR OTHER PURPOSES AND TO ORGANIZATIONS IN OTHER STATES.
    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
    BAYLOR UNIVERSITY
    ONE BAYLOR PLACE
    WACO,TX76798     		  PC EDUCATIONAL GRANT TO SUPPORT THE PULLIN FAMILY BAYLOR MARINA ENDOWED FUND. 90,000
    BAYOU BEND COLLECTION AND GARDENS (MFA)
    PO BOX 25026
    HOUSTON,TX77265     		  PC 2021 BAYOU BEND GARDEN PARTY (NONE OF THE FUNDS WERE USED TO PURCHASE TICKETS FOR THE EVENT) 15,000
    CAESAR KLEBERG WILDLIFE RESEARCH INSTITUTE KINGSVILLE
    700 UNIVERSITY BLVD MSC 2
    KINGSVILLE,TX78363     		  PC FUNDING FOR STUDY OF DEER. 200,000
    FIRST BAPTIST ACADEMY
    7450 MEMORIAL WOODS DR
    HOUSTON,TX77024     		  PC SUPPORT FOR 2021 ANNUAL FUND TO SUPPORT EDUCATION. 5,000
    FRIENDSWOOD ISD EDUCATION FOUNDATION
    302 LAUREL DRIVE
    FRIENDSWOOD,TX77546     		  PC SPONSOR FOR ANNUAL SKEET SHOOT SUPPORTING EDUCATION IN FBISD (NONE OF THE FUNDS WERE USED TO PURCHASE TICKETS FOR THE EVENT) 1,750
    HOUSTON CHRISTIAN HIGH SCHOOL
    2700 W SAM HOUSTON PARKWAY
    HOUSTON,TX77043     		  PC SUPPORT OF THE ENDOWED SCHOLARSHIP FOR PCR PROGRAM 5,000
    HOUSTON GRAND OPERA
    510 PRESTON ST
    HOUSTON,TX77002     		  PC 2020 OPERATING BUDGET TO SUPPORT THE ARTS. 40,000
    HOUSTON LIVESTOCK SHOW AND RODEO
    1839 CR 79
    EAGLE LAKE,TX77434     		  PC SUPPORT FOR THE 2021 JUNIOR COMMERICAL STEER COMMITTEE THAT PROVIDES AGRICULTURE EDUCATION TO YOUTH IN THE HOUSTON AREA. 1,000
    METHODIST HOSPITAL RESEARCH INSTITUTE
    6550 FANNIN
    HOUSTON,TX77030     		  PC SUPPORT OF RESEARCH IN THE BIOENERGETICS PROGRAM. SPECIFIC GRANT STUDYING THE ROLD OF MITOCHONDRIA IN COVID-19 LONG-HAULER PATIENTS. 20,000
    PHI BETA KAPPA ALUMNI ASSOCIATION
    PO BOX 25283
    HOUSTON,TX77265     		  PC 2021 ANNUAL SCHOLARSHIP DINNER BENEFITING EDUCATION IN THE GREATER HOUSTON AREA (NONE OF THE FUNDS WERE USED TO PURCHASE TICKETS FOR THE EVENT). 5,000
    SMALL STEPS NURTURING CENTER
    1709 DEPELCHIN ST
    HOUSTON,TX77007     		  PC SUPPORT OF EARLY CHILDHOOD WELLNESS PROGRAMS 5,000
    SOUTH TEXAS CHARITY WEEKEND
    700 UNIVERSITY BLVD
    KINGSVILLE,TX78363     		  PC CHARITY EVENT SUPPORTING VARIOUS MEDICAL AND WILDLIFE RESEARCH CHARITIES (NONE OF THE FUNDS WERE USED TO PURCHASE TICKETS TO THE EVENT) 10,000
    SOUTH TEXAS QUAIL COALITION
    PO BOX 532
    FALFURRIAS,TX78355     		  PC GENERAL SUPPORT OF CONSERVATION GROUP'S WILDLIFE CAUSES. 10,000
    ST JOHN'S SCHOOL
    2401 CLAREMONT LANE
    HOUSTON,TX77019     		  PC ANNUAL FUND SUPPORTING EDUCATION. 5,000
    ST LUKES UNITED METHODIST CHURCH
    3471 WESTHEIMER RD
    HOUSTON,TX77227     		  PC RELIGIOUS GRANT FOR OPERATING BUDGET. 10,000
    TEXAS TRIBUNE
    919 CONGRESS AVE 6TH FLOOR
    AUSTIN,TX78701     		  PC SUPPORT FOR THE PROMOTION OF CIVIL DISCOURSE IN PUBLIC POLICY. 10,000
    THE MENNINGER CLINIC
    12301 MAIN ST
    HOUSTON,TX77035     		  PC FINAL PAYMENT OF A TWO YEAR PLEDGE TO FUND NURSE TRAINING AND FELLOWSHIP PROGRAMS FOR MENTAL HEALTH REHABILITATION. 200,000
    THE MENNINGER CLINIC
    12301 MAIN ST
    HOUSTON,TX77035     		  PC ANNUAL FUND SUPPORTING PSYCHIATRIC RESEARCH AND MEDICAL PROGRAMS. 12,500
    THE MUSEUM OF FINE ARTS
    PO BOX 25026
    HOUSTON,TX77265     		  PC CAPITAL CAMPAIGN TO SUPPORT THE ARTS. 20,000
    THE UNIVERSITY OF TEXAS - JEFFERSON CENTER
    116 INNER CAMPUS DRIVE STOP G6000
    AUSTIN,TX78712     		  PC SUPPORT OF EXCELLENCE FUND FOR THE THOMAS JEFFERSON CENTER FOR THE STUDY OF CORE TEXTS AND IDEAS. 75,000
    THE UNIVERSITY OF TEXAS AT AUSTIN ( CAMPUS BEAUTIFICATION COUNCIL)
    116 INNER CIRCLE DRIVE
    AUSTIN,TX78712     		  PC SUPPORT FOR CAPITAL PROJECT TO ENHANCE THE BEAUTY OF THE CAMPUS GARDENS LANDSCAPE PROJECT AT UT AUSTIN 500,000
    UNIVERSITY OF TEXAS AT AUSTIN (BLANTON MUSEUM OF ART)
    200 E MARTIN LUTHER KING JR BLVD
    STOP D 1303
    AUSTIN,TX78712     		  PC GRANT TO SUPPORT THE ARTS FOR THE MUSEUM'S ANNUAL FUND. 10,000
    YES PREP PUBLIC SCHOOLS
    5515 SOUTH LOOP EAST
    HOUSTON,TX77033     		  PC SUPPORT FOR YES PREP LEADING HOUSTON FORWARD CAMPAIGN SUPPORTING EDUCATION (NONE OF THE FUNDS WERE USED TO PURCHASE TICKETS TO THE EVENT) 25,000
    SPECIAL FORCES CHARITABLE TRUST
    8533 CALERA
    AUSTIN,TX78735     		  PC SUPPORT OF US ARMY SPECIAL FORCES AND FAMILIES BY SPONSOR OF GREAT AMERICANS SHOOT (NONE OF THE FUNDS WERE USED TO PURCHASE TICKETS TO THE EVENT) 10,000
    HOUSTON AREA PARKINSON SOCIETY
    2700 SW FREEWAY SUITE 300
    HOUSTON,TX77098     		  PC SUPPORT FOR THE 2021 HAPS GALA SUPPORTING MEDICAL RESEARCH (NONE OF THE FUNDS WERE USED TO PURCHASE TICKETS TO THE EVENT) 5,000
    PINE COVE
    PO BOX 9000
    TYLER,TX75711     		  PC RELIGIOUS GRANT TO ASSIST IN YOUTH GROWTH AND LEADERSHIP FOR THE STRENGTH TO STRENGTH CAMPAIGN 10,000
    TIRR FOUNDATION
    3355 WEST ALABAMA SUITE 950
    HOUSTON,TX77035     		  PC GRANT TO SUPPORT NEUROTRAUMA RESEARCH PROGRAM, MISSION CONNECT. 25,000
    THE HEALTH MUSEUM
    1515 HERMANN DR
    HOUSTON,TX77004     		  PC SUPPORT OF THE DEBAKEY CELL LAB AND HEALTH EDUCATION PROGRAMMING. 25,000
    MEMORIAL HERMANN FOUNDATION
    926 GESSNER SUITE 2650
    HOUSTON,TX77024     		  PC SUPPORT OF THE HERE COMES THE SUN 2022 DINNER FOR THE BENEFIT OF MEMORIAL HERMANN (NONE OF THE FUNDS WERE USED TO PURHCASE TICKETS TO THE EVENT) 75,000
    MEMORIAL PARK CONSERVANCY
    7575 NORTH PICNIC LANE
    HOUSTON,TX77007     		  PC SUPPORT OF THE STAR LIGHT SOIREE 2022 FOR THE BENEFIT OF MEMORIAL PARK CONSERVANCY 5,000
    Total .................................bullet 3a 1,430,250
    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 ...........     		    14 110  
    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 2,430,188  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIPS - INCOME     		    01 214,255  
    bPARTNERSHIPS - UBIT 525990 -41,834      
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. -41,834 3,214,854 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,173,020
    (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:
    STEDMAN WEST FOUNDATION
     
    (FKA NEVA AND WESLEY WEST FOUNDATION)
    EIN:
    74-6039393
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 11,823 11,823 0 0

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    STEDMAN WEST FOUNDATION
     
    (FKA NEVA AND WESLEY WEST FOUNDATION)
    EIN:
    74-6039393
    Name of Bond End of Year Book Value End of Year Fair Market Value
    113,521.68 SHRS JP MORGAN SHORT DURATION BOND FUND 1,228,535 1,251,009
    108,629.973 SHRS DOUBLELINE TOTAL RETURN 1,174,581 1,129,752
    100,526.973 SHRS METROPOLITAN WEST TOTAL RETURN 1,117,221 1,096,749
    144,607.398 SHRS VANGUARD SHORT TERM BOND 1,524,713 1,534,284
    129,196.570 SHRS VANGUARD INTER TERM BOND 1,628,012 1,536,147
    16,685.728 SHRS FIDELITY INTERNATIONAL BONDS - MFS EMG MKT 244,791 239,941
    67,609.621 SHRS FIDELITY INTERNATIONAL BONDS - OPPENHIEMER INTERNATIONAL 418,178 345,485
    47,967.785 SHRS UBS BONDS - TEMPLETON 558,006 422,117

    TY 2021 InvestmentsOtherSchedule2
    Name:
    STEDMAN WEST FOUNDATION
     
    (FKA NEVA AND WESLEY WEST FOUNDATION)
    EIN:
    74-6039393
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AVALON INVESTORS (FIDELITY) AT COST 1,184,458 2,136,624
    4,146.345 SHRS VANGUARD S&P 500 AT COST 758,889 1,682,545
    24,350.340 SHRS VANGUARD DIVIDEND GROWTH AT COST 561,949 956,481
    7385.166 SHRS VANGUARD EXTENDED MKTS INDEX AT COST 489,615 1,024,249
    13,680.950 SHRS JP MORGAN EMERGING MKTS AT COST 530,000 520,971
    10,189.427 SHRS OPPENHEIMER DEVELOPING MARKETS FUND AT COST 339,250 478,903
    42,216.524 SHRS MFS INST INTL AT COST 920,080 1,412,143
    SPRUCEGROVE US INT'L INVESTMENT FUND AT COST 1,029,268 1,264,820
    13,015.388 SHRS VANGUARD EMERGING MKT STOCKS AT COST 342,369 405,820
    9,404.229 SHRS VANGUARD TOTAL INTL STOCK INDEX AT COST 956,413 1,286,216
    JETSTREAM GLOBAL II AT COST 376,187 383,198
    ECA FUND (FORMERLY CCM OPPORTUNISTIC PARTNERS) AT COST 207,623 262,348
    GATOR FINANCIAL PARTNERS AT COST 77,000 232,339
    KRENSAVAGE AT COST 121,499 549,921
    TPG PUBLIC EQUITY PARTNERS B AT COST 245,000 461,272
    ABBEY CAPITAL AT COST 447,349 402,463
    ELLIOT INTERNATIONAL AT COST 1,000,000 1,309,996
    ADEF II AT COST 166,441 30,140
    ADEF III AT COST 148,601 177,736
    ADEF HILLTOP IV AT COST 304,638 441,278
    PHOENIX REAL ESTATE VI AT COST 0 142,718
    PHOENIX REAL ESTATE IX AT COST 252,195 246,203
    SILVERPEAK LEGACY PARTNERS II AT COST 11,327 3,112
    SILVERPEAK LEGACY PARTNERS III AT COST 151,322 22,031
    TPG REAL ESTATE PARTNERS III AT COST 248,041 352,289
    A&M CAPITAL PARTNERS II AT COST 85,321 471,717
    ALKEON INNOVATIONS FUND AT COST 250,000 445,318
    AVISTA CAPITAL AT COST 12,629 165
    BDCM OPPORTUNITY FUND IV AT COST 389,971 636,778
    BUILDGROUP AT COST 199,160 241,237
    CAPSTREET IV AT COST 173,826 283,221
    CAPSTREET V AT COST 250,411 283,073
    JMI EQUITY FUND VI AT COST 43,308 14,145
    JMI EQUITY FUND VII AT COST 24,010 31,778
    JMI EQUITY FUND VIII AT COST 268,914 819,427
    JMI EQUITY FUND IX AT COST 627,454 1,027,694
    PAGF CO-INVESTMENT, LP AT COST 7,902 0
    ROCK HILL CAPITAL II AT COST 27,529 240,619
    ROCK HILL CAPITAL III AND PINTO AMERICA GROWTH FUND AT COST 2,497 960,465
    TPG GROWTH IV AT COST 324,719 549,503
    TICP CLO PARTNERS II AT COST 142,664 232,779
    TCP IV ENDURING BLOCKER HOLDINGS AT COST 43,943 20,461
    TPG PARTNERS VIII AT COST 413,598 615,522
    AMCP II CLEAN AGGREGATOR, LLC AT COST 51,152 0
    AMCP II HEART AIV II AT COST 2,803 0
    AMCP II RECYCLING CORP HOLDINGS HOLDCO AT COST 15,764 0
    AMCP II STAFF CORP HOLDINGS HOLDCO AT COST 143,329 0
    CROSSTIMBERS OPPS FUND II AT COST 11,122 19,828
    HELDMAN & FRIEDMAN PARTNERS X, XT TACHUS, CROSSTIMBERS OPPS FUND AT COST 67,817 875,284
    JMI EQUITY FUND X AT COST 303,175 375,469
    CROSS SHORE FUND AT COST 0 20,036
    ALKEON GROWTH PARTNERS AT COST 0 427,418
    GLOBAL LONG SHORT PARTNERS AT COST 0 16,536
    KKR EUROPEAN FUND AT COST 0 3,765
    LEHMAN BROTHERS SECONDARY OPPORTUNITIES FUND AT COST 0 157,210

    TY 2021 OtherAssetsSchedule
    Name:
    STEDMAN WEST FOUNDATION
     
    (FKA NEVA AND WESLEY WEST FOUNDATION)
    EIN:
    74-6039393
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID FEDERAL EXCISE TAX 52,362 32,092 32,092


    TY 2021 OtherExpensesSchedule
    Name:
    STEDMAN WEST FOUNDATION
     
    (FKA NEVA AND WESLEY WEST FOUNDATION)
    EIN:
    74-6039393
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES FROM PASS-THROUGHS 186,387 183,057 0 0
    MANAGEMENT FEES 26,000 13,000 0 13,000
    INVESTMENT MANAGEMENT FEES 672 672 0 0


    TY 2021 OtherIncomeSchedule2
    Name:
    STEDMAN WEST FOUNDATION
     
    (FKA NEVA AND WESLEY WEST FOUNDATION)
    EIN:
    74-6039393
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTY INCOME 52,464 52,464 0
    PARTNERSHIPS - INCOME 214,255 214,255 0
    PARTNERSHIPS - UBIT -41,834   0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    STEDMAN WEST FOUNDATION
     
    (FKA NEVA AND WESLEY WEST FOUNDATION)
    EIN:
    74-6039393
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 20,211 20,211 0 0


    TY 2021 TaxesSchedule
    Name:
    STEDMAN WEST FOUNDATION
     
    (FKA NEVA AND WESLEY WEST FOUNDATION)
    EIN:
    74-6039393
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PRODUCTION TAX 1,818 1,818 0 0
    FOREIGN TAX 13,607 13,607 0 0
    FEDERAL EXCISE 35,270 0 0 0