Form990-PF
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
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 TOBIN ENDOWMENT
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 90869
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN ANTONIO, TX78209
A Employer identification number

74-6478848
B Telephone number (see instructions)

(210) 930-5160
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$90,723,904J 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... 1,554,694 1,554,694  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,251,734
b Gross sales price for all assets on line 6a 19,215,003
7 Capital gain net income (from Part IV, line 2)... 2,251,734
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 168,250 168,250  
12 Total. Add lines 1 through 11........ 3,974,678 3,974,678  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 554,732 277,366   277,366
14 Other employee salaries and wages...... 170,124 85,062   85,062
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 37,224 32,796   4,428
b Accounting fees (attach schedule)....... Click to see attachment 150,000 75,000   75,000
c Other professional fees (attach schedule).... Click to see attachment 34,122 17,062   17,060
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 53,565 14,301   6,403
19 Depreciation (attach schedule) and depletion... Click to see attachment 8,923    
20 Occupancy.............. 15,152 7,576   7,576
21 Travel, conferences, and meetings....... 13,936 6,968   6,968
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 245,835 137,623   108,212
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,283,613 653,754   588,075
25 Contributions, gifts, grants paid....... 1,978,550 1,978,550
26 Total expenses and disbursements. Add lines 24 and 25 3,262,163 653,754   2,566,625
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 712,515
b Net investment income (if negative, enter -0-) 3,320,924
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............. 318 1,571,122 1,571,122
2 Savings and temporary cash investments......... 142,896 361,114 361,114
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet       72,883
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) 8,938,184 Click to see attachment15,141,023 15,140,365
b Investments—corporate stock (attach schedule)....... 43,679,033 Click to see attachment41,712,313 58,093,530
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).......... 7,858,371 Click to see attachment367,235 770,140
14 Land, buildings, and equipment: basis bullet1,869,499
Less: accumulated depreciation (attach schedule) bullet   778,128 Click to see attachment1,869,499 3,800,000
15 Other assets (describe bullet) Click to see attachment4,762,897 Click to see attachment5,850,036 Click to see attachment10,914,750
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 66,159,827 66,872,342 90,723,904
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 66,159,827 66,872,342
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 66,159,827 66,872,342
30 Total liabilities and net assets/fund balances (see instructions). 66,159,827 66,872,342
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
66,159,827
2
Enter amount from Part I, line 27a .....................
2
712,515
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
66,872,342
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
66,872,342
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 PUBLICLY TRADED SECURITIES P 2021-01-01 2021-12-31
b PUBLICLY TRADED SECURITIES P 2020-01-01 2021-12-31
c
d
e
(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 8,283,280   8,735,988 -452,708
b 10,931,723   8,227,281 2,704,442
c
d
e
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       -452,708
b       2,704,442
c
d
e
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 2,251,734
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  
3 Add lines 1 and 2........................... 3 46,161
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 46,161
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 32,861
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 52,861
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 6,700
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet6,700 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part 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 addressbullethttps://tobinendowment.org
    14
    The books are in care ofbulletASEL & ASSOCIATES PLLC Telephone no.bullet (210) 554-5665

    Located atbullet4725 COLLEGE PARK SUITE 200SAN ANTONIOTX ZIP+4bullet78249
    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)
    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
    SEE STATEMENT 15 FOR DETAILS CHAIRMAN
    40.00     		554,732    
    PO BOX 90869
    SAN ANTONIO,TX78209
    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
    SEE STATEMENT 16 FOR DETAILS EXEC. ASSISTANT
    40.00     		108,279 3,117  
    9819 CAROWINDS DRIVE
    SAN ANTONIO,TX78251
    SEE STATEMENT 16 FOR DETAILS MAINTENANCE MGR
    40.00     		59,345 1,650  
    302 IRA LEE ROAD
    SAN ANTONIO,TX78218
    Total number of other employees paid over $50,000...................bullet  
    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
    ASEL & ASSOCIATES PLLC ACCOUNTING 150,000
    4725 COLLEGE PARK SUITE 200
    SAN ANTONIO,TX78249
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 ADMINISTRATION AND OPERATION OF THE TOBIN ESTATE CONFERENCE FACILITY FOR FREE-OF-CHARGE USE BY NONPROFIT ORGANIZATIONS HOLDING MEETINGS AND FUNCTIONS TO ADVANCE THEIR CHARITABLE ACTIVITIES. 39,227
    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.........................bullet  
    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
    65,750,610
    b
    Average of monthly cash balances.......................
    1b
    1,345,726
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,130,856
    d
    Total (add lines 1a, b, and c).........................
    1d
    72,227,192
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    72,227,192
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,083,408
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    71,143,784
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,557,189
    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
    3,557,189
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    46,161
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    46,161
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,511,028
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    3,511,028
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    3,511,028
    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 3,511,028
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017...... 803,590
    c From 2018...... 819,692
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 1,623,282
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,566,625
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 2,566,625
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021. 944,403 944,403
    (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 5 678,879
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		678,879
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 678,879
    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:
    MR J BRUCE BUGG JR CHAIRMAN
    PO BOX 90869
    SAN ANTONIO,TX78209
    (210) 930-5160
    bThe form in which applications should be submitted and information and materials they should include:
    ORGANIZATIONS MUST BE TAX-EXPEMPT UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. GRANT REQUESTS MUST BE SUBMITTED IN WRITING, SPECIFYING PURPOSE OF FUNDS REQUESTED AND INCLUDE IRS 501(C)(3) TAX-EXEMPTION LETTER.
    cAny submission deadlines:
    NO FORMAL DEADLINES FOR SUBMISSION
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE TOBIN ENDOWMENT SUPPORTS AND PROMOTES THE ARTS, TOGETHER WITH OTHER CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL ORGANIZATIONS, BY MAKING DIRECT QUALIFYING DISTRIBUTIONS (CONTRIBUTIONS) TO PUBLIC CHARITIES, PRIVATE OPERATING FOUNDATIONS AND OTHER QUALIFYING 501(C)(3) ORGANIZATIONS.
    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
    TEXAS BIOMEDICAL RESEARCH INSTITUTE
    P O BOX 760549
    SAN ANTONIO,TX78245     		NONE PC SUPPORT TO HELP UNDERWRITE THE COSTS FOR THE TEXAS BIOMEDICAL RESEARCH INSTITUTE FOUNDER'S COUNCIL HOLIDAY RECEPTION AND CONTINUING SUPPORT. 68,000
    MCNAY ART MUSEUM
    6000 NORTH NEW BRAUNFELS
    SAN ANTONIO,TX78209     		NONE PC SUPPORT FOR THE UNDERWRITING THE COST OF OPERATING THE CURATORIAL DEPARTMENT OF THE TOBIN COLLECTION OF THEATRE ARTS AND THE TOBIN WING, AND SUPPORT THE MCNAY'S NEW UNRESTRICTED OPERATING FUND, THE MCNAY EXCELLENCE FUND. 175,000
    THE SANTA FE OPERA
    P O BOX 2408
    SANTA FE,NM87504     		NONE PC SUPPORT THE SANTE FE OPERA'S APPRENTICE PROGRAM BY REQUESTING SUPPORT FOR THE OPEAR'S GALA WHICH WILL BE HELD ON AUGUST 7, 2021. 20,000
    THE TOBIN THEATRE ARTS FUND
    PO Box 91019
    SAN ANTONIO,TX78209     		NONE POF CHARITABLE GRANT FOR OPERATING BUDGET; 500,000
    THE CHARITY BALL ASSOCIATION OF SAN ANTO
    PO BOX 6708
    SAN ANTONIO,TX78209     		NONE PC SUPPORT FOR SAN ANTONIO'S CHILDREN'S CHARITIES AS A GRAND PATRON 10,000
    OPERA SAN ANTONIO
    PO BOX 2641
    SAN ANTONIO,TX78299     		NONE PC SUPPORT THE OPERA SAN ANTONIO'S GALA HELD ON OCTOBER 7, 2021 AS A DON GIOVANNI SPONSOR 25,000
    TEXAS TRIBUNE INC
    919 CONGRESS AVENUE SIXTH FLOOR
    AUSTIN,TX78701     		NONE PC OPERATIONAL SUPPORT AND FOR A NEW INNOVATION FUND TO IMPLEMENT NEW STRATEGIC PLAN 200,000
    ELF LOUISE INC
    PO BOX 39295
    SAN ANTONIO,TX78218     		NONE PC SUPPORT FOR THE ELF LOUIS CHRISTMAS PROJECT 15,000
    UNITED WAY OF SAN ANTONIO BEXAR COU
    700 S ALAMO STREET
    SAN ANTONIO,TX78205     		NONE PC SUPPORT THE MASTERS LEADERSHIP PROGRAM OF GREATER SAN ANTONIO FOR 2020 - 2021 PROGRAM AND CONTRIBUTION FOR THE ALEXIS DE TOCQUEVILLE SOCIETY 30,000
    TEXAS CULTURAL TRUST COUNCIL
    901 S Mopac Expwy Barton Oaks 410
    AUSTIN,TX78746     		NONE PC SUPPORT THE 2020-2021 PROGRAM 1,450
    SAN ANTONIO REPORT
    126 GONZALES STREET 100
    SAN ANTONIO,TX78205     		NONE PC SUPPORT FOR CONTINUING OPERATIONS 100,000
    BEXAR COUNTY PERFORMING ARTS CENTER
    115 AUDITORIUM CIRCLE
    SAN ANTONIO,TX78205     		NONE PC TO HELP STABILIZE OPERATIONS DURING COVID-19 RELIEF 100,000
    BEXAR COUNTY PERFORMING ARTS CENTER
    115 AUDITORIUM CIRCLE
    SAN ANTONIO,TX78205     		NONE PC SUPPORT THE 2021 DONOR & MEMBER APPRECIATION CELEBRATION UNDERWRITER. 10,000
    CHILDREN'S HOSPITAL OF SAN ANTONIO
    100 NE LOOP 410 SUITE 706
    SAN ANTONIO,TX78216     		NONE PC SUPPORT FOR THE CHILDREN'S HOSPITAL OF SAN ANTONIO'S AND WAITING AREA WITHIN THE H-E-B EMERGENCY DEPARTMENT 100,000
    PHIL HARDBERGER PARK CONSERVANCY
    1021 VOELCKER LANE 4
    SAN ANTONIO,TX78248     		NONE PC SUPPORT FOR THE CONSTRUCTION OF THE "ROBERT L.B. TOBIN LAND BRIDGE" AT THE PHIL HARDBERGER PARK 300,000
    THE CHILDRENS SHELTER
    2939 W WOODLAWN AVENUE
    SAN ANTONIO,TX78228     		NONE PC SUPPORT FOR THE "FAMILY TAPESTRY" INITIATIVE. 136,000
    GIRL SCOUTS OF SOUTHWEST TEXAS
    811 N COKER LOOP
    SAN ANTONIO,TX78216     		NONE PC SUPPORT THE FUND INITIATIVE FOR THE GIRL SCOUTS OF SOUTHWEST TEXAS TO PROVIDE NEARLY 15,000 GIRLS THE OPPORTUNITY TO LEARN ABOUT THE PERFORMANCE AND VISUAL ARTS IN THE SAN ANTONIO AREA AND EARN THE "TOBIN ENDOWMENT ART" PATCH 35,000
    BIOBRIDGE GLOBAL
    6211 IH-10 WEST
    SAN ANTONIO,TX78201     		NONE PC SUPPORT FOR THE CREATION OF COMMUNITY LABS TO HELP FIGHT AGAINST COVID-19 IN THE SAN ANTONIO COMMUNITY. 75,860
    HUMANITIES TEXAS
    1410 RIO GRANDE STREET
    AUSTIN,TX78701     		NONE PC TO MEET YOUR CHALLENGE GRANT FROM THE STILL WATER FOUNDATION AND SUPPORT THE HISTORIC PRESERVATION OF THE BYRNE-REED HOUSE 17,900
    NOTLEY IMPACT
    1023 SPRINGDALE RD SUITE 1J
    AUSTIN,TX78721     		NONE PC TO SUPPORT EXPANDING THE NOTLEY FELLOWSHIP AND BEAM PROGRAMS TO SAN ANTONIO, INCLUDING THE SAN ANTONIO PHILANTHROPITCH EVENT SCHEDULE ON OCTOBER 12, 2021. 50,000
    REY FEO SCHOLARSHIP FOUNDATION
    PO BOX 12091
    SAN ANTONIO,TX78212     		NONE PC EDUCATION FUNDING IN THE SAN ANTONIO AREA AND SUPPORTING YOUR LA REINA LINDA VIII COMPAIGN. 5,000
    MUSICAL BRIDGES AROUND THE WORLD
    23705 FRONTAGE ROAD SUITE 101
    SAN ANTONIO,TX78257     		NONE PC CHARITABLE CONTRIBUTION 4,340
    Total .................................bullet 3a 1,978,550
    bApproved for future payment
    TEXAS BIOMEDICAL RESEARCH INSTITUTE
    P O BOX 760549
    SAN ANTONIO,TX78245     		NONE PC TO NAME AND SUPPORT THE "ARRIVAL GARDEN" AT THE ARGYLE IN HONOR AND MEMORY OF MARGARET BATTS TOBIN AND ROBERT L.B. TOBIN, FOR THEIR SERVICE TO THE ARGYLE CLUB. 500,000
    Total .................................bullet 3b 500,000
    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 2,251,734  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aLITIGATION PROCEEDS     		    18 3,852  
    bOIL & GAS ROYALTIES     15 120,588  
    cSETTLEMENT PROCEEDS     1 43,810  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   3,974,678  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,974,678
    (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: 21013475
    Software Version: 2021v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ASEL & ASSOCIATES, PLLC 150,000 75,000 0 75,000

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    850 SHS. WPP PLC SPONS ADR 94,035 64,218
    50,000 SHS. AT&T INCORPORATED 1,675,026 1,230,000
    10,000 SHS. ABBVIE INC 781,005 1,354,000
    500 SHS. ALPHABET INC CAP 1,022,520 1,448,520
    10,000 SHS. APPLE INC 1,260,775 1,775,700
    10,000 SHS. BANK AMERICA CORP 335,499 444,900
    10,000 SHS. BERKSHIRE HATHAWAY 1,147,922 2,990,000
    2,500 SHS. BOEING COMPANY 393,875 503,300
    10,000 SHS. BRISTOL-MYERS SQUIBB 574,534 623,500
    25,000 SHS. CHEVRON TEXACO INC 2,485,510 2,933,750
    10,000 SHS. CISCO SYSTEMS 456,858 633,700
    20,000 SHS. COCA COLA CO 772,580 1,184,200
    20,000 SHS. CONOCO PHILLIPS CO 1,032,686 1,443,600
    20,000 SHS. DISNEY WALT CO 2,289,892 3,097,800
    3,333 SHS. DOW INC 233,014 189,048
    20,000 SHS. EOG RES INC 1,464,025 1,776,600
    10,000 SHS. EXTRA SPACE STORAGE 703,846 2,267,300
    25,000 SHS. EXXON MOBIL CORP 2,152,862 1,529,750
    2,000 SHS. META PLATFORMS INC 430,460 672,700
    10,000 SHS. FRANKLIN RESOURCES 504,311 334,900
    6,250 SHS. GENERAL ELECTRIC 1,702,174 590,438
    5,000 SHS. GOLDMAN SACHS 1,047,355 1,912,750
    10,000 SHS. HONEYWELL INC 1,144,319 2,085,100
    15,000 SHS. JP MORGAN CHASE & CO 976,368 2,375,250
    10,000 SHS. JOHNSON & JOHNSON 1,024,381 1,710,700
    10,000 SHS. MERCK & CO INC NEW 568,006 766,400
    5,000 SHS. NIKE INC CLASS B 260,999 833,350
    15,000 SHS. PROCTOR & GAMBLE CO 1,313,110 2,453,700
    5,000 SHS. STARBUCKS CORP 285,595 584,850
    25,000 SHS. WELLS FARGO & CO 1,197,366 1,199,500
    10,000 SHS. INGERSOLL RAND INC 452,362 618,700
    COVERED CALL OPTIONS WRITTEN 2,357,963 2,057,435
    100 SHS. AMAZON.COM INC 204,247 333,434
    5,000 SHS. CATERPILLAR INC. 718,146 1,033,700
    500 SHS. NETFLIX COM INC. 182,525 301,220
    5,000 SHS. UNION PACIFIC CORP 866,272 1,259,650
    20,000 SHS. CITIGROUP INC 1,246,100 1,207,800
    10,000 SHS. DUPONT DE NEMOURS 793,102 807,800
    10,000 SHS. MICRON TECHNOLOGY 460,048 931,500
    10,000 SHS. OCCIDENTAL PETROLEUM 473,328 289,900
    20,000 SHS CARRIER GLOBAL CORP 308,800 1,084,800
    5,000 SHS MICROSOFT 1,065,835 1,681,600
    1,250 SHS OCCIDENTAL PETE CORP 6,188 15,763
    15,000 SHS ORACLE CORP 900,399 1,308,150
    10,000 SHS OTIS WORLDWIDE CORP 459,400 870,700
    5,000 SHS PNC FIN'L SERVICES 638,332 1,002,600
    20,000 SHS RAYTHEON TECHNOLOGIES 1,155,200 1,721,200
    800 SHS TRANE TECHNOLOGIES 52,962 161,624
    5,000 SHS. CIGNA CORP 1,093,973 1,148,150
    1,000 SHS. ORGANON CO 13,341 30,450
    10,000 SHS. PAYPAL HLDGS INC 2,358,701 1,885,800
    10,000 SHS. WAL-MART STORES INC 1,290,107 1,446,900

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    21013475
    Software Version:
    2021v4.0
    US Government Securities - End of Year Book Value:

    15,141,023
    US Government Securities - End of Year Fair Market Value:

    15,140,365
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT - OAKWELL HOLDINGS, LLC FMV 229,023 227,553
    INVESTMENT - TOBIN MANAGEMENT SERVICES FMV 69,750 73,465
    MINERAL INTEREST FMV 1,140 1,140
    OIL & GAS ROYALTY INTERESTS FMV 15,468 246,720
    ROYALTY INTERESTS UPTON COUNTY FMV 51,854 51,854
    PROMISSORY NOTE FMV   169,408

    TY 2021 LandEtcSchedule2
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Land 1,869,499   1,869,499 3,800,000


    TY 2021 LegalFeesSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ANDY TAYLOR & ASSOCIATES, PC 6,750 3,375 0 3,375
    GOLDEN STEVES COHEN & GORDON, LLP 12,303 12,303 0 0
    HOLLAND & KNIGHT, LLP 16,065 16,065 0 0
    THOMPSON & KNIGHT, LLP 2,106 1,053 0 1,053


    TY 2021 OtherAssetsSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ARTWORK & OTHER PROPERTY 1,550,036 1,550,036 6,614,750
    NOTE RECEIVABLE - BEXAR CO PERFORMING AR 2,200,000 3,300,000 3,300,000
    NOTE RECEIVABLE - TOBIN THEATRE ARTS FUN 1,000,000 1,000,000 1,000,000


    TY 2021 OtherExpensesSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUTOMOBILIE EXPENSE 352 176   176
    BANK SERVICE CHARGES 302 151   151
    COMPUTER EXPENSE 6,956 3,478   3,478
    CUSTODIAL FEES 30,064 30,064    
    DUES AND SUBCRIPTIONS 31,882 15,941   15,941
    EMPLOYEE BENEFITS 4,767 2,384   2,383
    FOREIGN TAX WITHHELD 2,618 2,618    
    INSURANCE EXPENSE 78,283 39,142   39,141
    LICENSES AND PERMITS 225 113   112
    MEALS AND ENTERTAINMENT 3,278     3,278
    OFFICE EXPENSES 24,386 12,193   12,193
    PAYROLL PROCESSING 5,183 2,592   2,591
    POSTAGE AND DELIVERY 1,950 975   975
    REGISTRATION FEES 1,360 680   680
    REPAIRS AND MAINTENANCE 12,567 6,284   6,283
    SECURITY 3,946 1,973   1,973
    STORAGE 8,059 4,030   4,029
    TELEPHONE 3,308 1,654   1,654
    UTILITIES 26,349 13,175   13,174


    TY 2021 OtherIncomeSchedule2
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LITIGATION PROCEEDS 3,852 3,852  
    OIL & GAS ROYALTIES 120,588 120,588  
    SETTLEMENT PROCEEDS 43,810 43,810  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    IRON EDGE GROUP 28,157 14,079 0 14,078
    TEXAS CREATIVE 2,215 1,108 0 1,107
    THE GLEN COMPANY 3,750 1,875 0 1,875


    TY 2021 TaxesSchedule
    Name:
    THE TOBIN ENDOWMENT
    EIN:
    74-6478848
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 32,861      
    PAYROLL TAXES 12,807 6,404   6,403
    PROPERTY TAXES 7,897 7,897