Scurlock Foundation — Form 990PF, tax year 2022

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Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
Scurlock Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)2229 San Felipe 1400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Houston, TX77019
A Employer identification number

74-1488953
B Telephone number (see instructions)

(713) 236-1500
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$36,316,892J 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 right arrow.............
3 Interest on savings and temporary cash investments 27,920 27,920  
4 Dividends and interest from securities... 383,064 383,064  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
1,430,218
b Gross sales price for all assets on line 6a 6,049,190
7 Capital gain net income (from Part IV, line 2)... 1,402,412
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
List of Attached Documents:
// Content
726,332 702,805  
12 Total. Add lines 1 through 11........ 2,567,534 2,516,201  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 118,245 40,566   76,859
14 Other employee salaries and wages...... 38,682 18,958   19,341
15 Pension plans, employee benefits....... 27,040 9,257   17,576
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,695 1,695   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,550 2,275   3,275
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
105,407 103,319   0
17 Interest............... 1,281 1,281   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
58,906 21,480   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 119,629 36,937   68,181
21 Travel, conferences, and meetings....... 831 257   569
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
163,379 134,763   19,900
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 641,645 370,788   205,701
25 Contributions, gifts, grants paid....... 2,263,558 2,251,058
26 Total expenses and disbursements. Add lines 24 and 25 2,905,203 370,788   2,456,759
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -337,669
b Net investment income (if negative, enter -0-) 2,145,413
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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......... 3,695,894 2,205,884 2,205,884
3 Accounts receivable right arrow128
Less: allowance for doubtful accounts right arrow   128 128 128
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   9,974 9,974
10a Investments—U.S. and state government obligations (attach schedule) 81,686 Click to see attachment
List of Attached Documents:
// Content
323,815 		323,815
b Investments—corporate stock (attach schedule)....... 17,657,074 Click to see attachment
List of Attached Documents:
// Content
21,572,667 		21,572,667
c Investments—corporate bonds (attach schedule)....... 1,055,305 Click to see attachment
List of Attached Documents:
// Content
1,620,239 		1,620,239
11 Investments—land, buildings, and equipment: basis right arrow1,217,440
Less: accumulated depreciation (attach schedule) right arrow1,199,279 18,161 Click to see attachment
List of Attached Documents:
// Content
18,161 		890,589
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 20,693,771 Click to see attachment
List of Attached Documents:
// Content
9,693,596 		9,693,596
14 Land, buildings, and equipment: basis right arrow12,717
Less: accumulated depreciation (attach schedule) right arrow12,717      
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 43,202,019 35,444,464 36,316,892
Liabilities 17 Accounts payable and accrued expenses.......... 18,140 15,864
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 18,140 15,864
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 34,548,881 34,548,881
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 8,634,998 879,719
29 Total net assets or fund balances (see instructions)..... 43,183,879 35,428,600
30 Total liabilities and net assets/fund balances (see instructions). 43,202,019 35,444,464
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
43,183,879
2
Enter amount from Part I, line 27a .....................
2
-337,669
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
42,846,210
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
7,417,610
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
35,428,600
Form 990-PF (2022)
Form 990-PF (2022)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly traded securities      
b Oil and gas mineral rights - Mesa P 2011-01-01 2022-01-25
c Distributions in excess of basis P    
d Passthrough K-1 capital gain P    
e Merritt Capital Offshore Ltd P 2011-01-01 2022-01-25
(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 4,173,750   4,118,972 54,778
b 50,000     50,000
c 390,092     390,092
d 566,283     566,283
e 841,259   500,000 341,259
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       54,778
b       50,000
c       390,092
d       566,283
e       341,259
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 1,402,412
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 (2022)
Form 990-PF (2022)
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 right arrow 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) 1 29,821
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 29,821
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 29,821
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 39,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 79,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 49,179
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow49,179 Refundedright arrow 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowTX
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 2022 or the taxable year beginning in 2022? 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 (2022)
Form 990-PF (2022)
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 addressright arrowwww.scurlockfoundation.org
14
The books are in care ofright arrowJack S Blanton Jr Telephone no.right arrow (713) 236-1500

Located atright arrow2229 San Felipe Ste 1400HoustonTX ZIP+4right arrow77019
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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)
Yes
 
(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
Yes
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
Eddy Blanton Pres/Asst. Sec.
2.00 		0 0 0
2229 San Felipe Ste 1400
Houston,TX77019
Jack Blanton Jr VP/Asst. Sec.
2.00 		0 0 0
2229 San Felipe Ste 1400
Houston,TX77019
Elizabeth Wareing VP/Sec.
2.00 		0 0 0
2229 San Felipe Ste 1400
Houston,TX77019
Licia Cosgrove Treas/Asst. Sec
8.00 		65,245 9,474 0
2229 San Felipe Ste 1400
Houston,TX77019
Kathy Munger Executive Dir
33.00 		53,000 0 0
2229 San Felipe Ste 1400
Houston,TX77019
Julie Wareing Aldrich Director
1.00 		0 0 0
2229 San Felipe Ste 1400
Houston,TX77019
Jackson Blanton Director
1.00 		0 0 0
2229 San Felipe Ste 1400
Houston,TX77019
Mary Catherine Blanton Jones Director
1.00 		0 0 0
2229 San Felipe Ste 1400
Houston,TX77019
Allison Stasney Director
1.00 		0 0 0
2229 San Felipe Ste 1400
Houston,TX77019
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...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
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
Fidelity Brokerage Services LLC Investment mgmt 105,407
PO Box 28019
Albuquerque,NM87125
Total number of others receiving over $50,000 for professional services.............right arrow0
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.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
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
15,631,004
b
Average of monthly cash balances.......................
1b
2,610,311
c
Fair market value of all other assets (see instructions)................
1c
15,637,301
d
Total (add lines 1a, b, and c).........................
1d
33,878,616
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
33,878,616
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
508,179
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
33,370,437
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,668,522
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
1,668,522
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
29,821
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
7,473
c
Add lines 2a and 2b............................
2c
37,294
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,631,228
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,631,228
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
1,631,228
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
2,456,759
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,456,759
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 1,631,228
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 321,056
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 321,056
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 2,456,759
a Applied to 2021, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2022 distributable amount..... 1,631,228
e Remaining amount distributed out of corpus 825,531
5 Excess distributions carryover applied to 2022. 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 1,146,587
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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		321,056
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		825,531
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022.... 825,531
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
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 right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2022)
Form 990-PF (2022)
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

AD Players

2710 W Alabama
Houston,TX77098 		N/A PC General support 5,000

Agape Development Ministries

6311 Allegheny
Houston,TX77021 		N/A PC Capital project and general support 107,000

Amazima Ministries

PO Box 682521
Franklin,TN37068 		N/A PC General support 3,000

Amazing Place

3735 Drexel
Houston,TX77027 		N/A PC General support 33,334

Arrow Child & Family MInistries

2929 FM 2920 Rd
Spring,TX77388 		N/A PC General support 50,000

Barbara Bush Foundation for Literacy

7887 San Felipe Suite 250
Houston,TX77063 		N/A SO I General support 15,000

Biblica Bible Translation

1820 Jet Stream Drive
Colorado Springs,CO80921 		N/A PC General support 10,000

Boy Scouts of America

PO Box 924528
Houston,TX77292 		N/A PC General support 2,500

Breakthrough Houston

2401 Claremont Ln
Houston,TX77019 		N/A PC General support 10,000

Buffalo Bayou Partnership

1113 Vine St Suite 200
Houston,TX77002 		N/A PC General support 2,500

Camp for All Foundation

10500 NW Freeway Suite 145
Houston,TX77092 		N/A PC General support, in honor of Pat Sorrels 12,500

Campus Crusade for Christ Inc

100 Lake Hart Drive
Orlando,FL32832 		N/A PC General support 4,000

CanCare of Houston Inc

9575 Katy Freeway Ste 428
Houston,TX77024 		N/A PC General support 2,500

Center For Hearing And Speech

3636 West Dallas
Houston,TX77019 		N/A PC General support 10,000

Center for Urban Transformation

4300 Lyons Ave 300
Houston,TX77020 		N/A PC General support 5,000

Childhood Cancer Family Alliance Inc

8323 Southwest Freeway Ste 435
Houston,TX77074 		N/A PC General support, in honor of Lisa O'Leary 10,000

Childrens Museum Inc

1500 Binz
Houston,TX77004 		N/A PC General support 55,000

Christian Community Service Center Memorial Endowment

PO Box 27924
Houston,TX77227 		N/A PC Azalea gala, generak support 27,500

Christus Foundation for Healthcare

PO Box 1919
Houston,TX77251 		N/A PC Clinics 20,000

Clayton Dabney Foundation For Kids With Cancer

5340 Weslayan 6784
Houston,TX77005 		N/A PC General support 5,000

Community Foundation of The Texas Hill Country

200 E Nopal St
Uvalde,TX78801 		N/A PC Robb Elementary Memorial Fund, to help victim families 1,000

DePelchin Children's Center

4950 Memorial Dr
Houston,TX77007 		N/A PC General support, in honor of Gordy Family 1,000

Eleven Pictures Ltd

1166 Morton Rd
Keysville,VA23947 		N/A PC Virginia Children's Book Festival 10,000

Family Legacy Missions International

3030 LBJ Freeway Ste 1400
Dallas,TX75234 		N/A PC General support 7,000

Focus on the Family

8605 Explorer Drive
Colorado Springs,CO80920 		N/A PC General support 45,000

Friendswood Methodist Church

110 N Friendswood Drive
Friendswood,TX77546 		N/A PC Prayer for the People 10,000

Fuqua School

PO Box 328
Farmville,VA23901 		N/A GOV Special education teacher and general support 40,000

Galveston Bay Foundation

17330-A Highway 3
Webster,TX77598 		N/A PC Gala 2,500

Garden Club of Houston

2450 River Oaks Blvd
Houston,TX77027 		N/A PC Bulb Plant Mart 1,000

Halo House Foundation

2940 Corder
Houston,TX77054 		N/A PC Annual gala 2,500

Harmon Family Foundation

1806 B Nantucket Dr
Houston,TX77057 		N/A PF Greenwood Cup 2,500

Health Alliance for Austin Musicians

3036 S 1st Street
Austin,TX78704 		N/A PC General support 1,000

Hermann Park Conservancy

6201 A Golf Course Drive
Houston,TX77030 		N/A PC Hats in the Park and general support 57,000

Homemade Hope for Homeless Children

406 Drennan Street
Houston,TX77003 		N/A PC General support 5,000

Houston Ballet Foundation

1921 W Bell
Houston,TX77019 		N/A PC General support 2,000

Houston Haven Ministry

5107 Beech St
Bellaire,TX77401 		N/A PC General support 12,000

Houston Hospice

1905 Holcombe Blvd
Houston,TX77030 		N/A PC General support 10,000

Houston Methodist

1701 Sunset Blvd
Houston,TX77005 		N/A SO I Blanton Eye Institute, Leading Society of Medicine, oncology, Faith and Medicine, and general support 84,000

Houston Tri Delta Philanthropies Inc

3401 Hamshire
Pearland,TX77581 		N/A PC The SALE to cure childhood cancer 1,000

Houston Zoo Inc

PO Box 4759
Houston,TX77210 		N/A PC Centennial Capital Campaign 20,000

Humanities Texas

1410 Rio Grande St
Austin,TX78701 		N/A PC General support 15,000

Institute for Spirituality and Health at the Texas Medical Center

8100 Greenbriar 300
Houston,TX77054 		N/A PC General support 11,500

Julie Rogers Gift of Life Program

2390 Dowlen Rd
Beaumont,TX77706 		N/A PC General support 5,000

Kids' Meals Inc

330 Garden Oaks Blvd
Houston,TX77018 		N/A PC General support 15,000

Kipp Texas Inc

10711 KIPP Way
Houston,TX77099 		N/A PC General support 5,000

Lawndale Art and Performance Center

4912 Main St
Houston,TX77002 		N/A PC 4900 Main property acquisition and general support 55,000

Letting Everyone Achieve Dreams (LEAD)

PO Box 25112
Houston,TX77265 		N/A PC General support 7,500

Lifehouse of Houston Inc

701 N Post Oak Rd Ste G-2
Houston,TX77024 		N/A PC General support 5,000

Living Word Fellowship

7350 W TC Jester
Houston,TX77088 		N/A PC Acts 2 Houston 2,500

Lone Star Flight Museum

11551 Aerospace Ave
Houston,TX77034 		N/A PC General support 10,000

Longwood University

201 High Street
Farmville,VA23901 		N/A GOV Men's Basketball 30,000

Lord of the Streets

3401 Fannin St
Houston,TX77004 		N/A PC General support 5,000

Love Has No Limits

10200 Richmond Ave 170
Houston,TX77042 		N/A PC General support 10,000

Loving Houston Inc

2916 W TC Jester Ste 200
Houston,TX77018 		N/A PC District coordinator 8,000

Luis Palau Evangelistic Association

1500 NW 167th Place
Beaverton,OR97006 		N/A PC General support 5,000

March of Dimes Houston

3000 Weslayan Ste 100
Houston,TX77027 		N/A PC Best Dressed Luncheon 500

Memorial Dr Presbyterian Church

11612 Memorial Dr
Houston,TX77024 		N/A PC General support, in honor of Marc Irvin 5,000

Mexico Medical Missions

4001 County Rd 114
Glenwood Springs,CO81601 		N/A PC General support 10,000

Moonshots for Unicorns

1664 Oxford
Berkeley,CA94709 		N/A PC General support 7,500

Orbis School of Ministry

PO Box 1802
Falls Church,VA22041 		N/A PC EBW directed Gift 10,000

Phi Beta Kappa Society

PO Box 25283
Houston,TX77265 		N/A PC Alumni Association 3,500

Posse Foundation Inc

1001 McKinney St Ste 950
Houston,TX77002 		N/A PC General support 10,000

Prelude Music Foundation

2802 Timmons Ln Suite 27170
Houston,TX77227 		N/A PC General support 1,500

Prison Entrepreneurship Program

6501 Navigation Blvd Ste H7
Houston,TX77011 		N/A PC General support 3,000

Project Row Houses

PO Box 1011
Houston,TX77251 		N/A PC El Dorado Ballroom project 100,000

Project Savvy

4771 Sweetwater Blvd No 366
Sugar Land,TX77479 		N/A POF General support 5,000

Pro-Vision Inc

2656 South Loop West Suite 650
Houston,TX77051 		N/A GOV General support 10,000

Rice University

6100 Main Street MS 81
Houston,TX77005 		N/A PC Moody Center for the Arts, Jones School, and general support 29,000

River Oaks Baptist School

2300 Willowick
Houston,TX77027 		N/A PC General support 50,000

Salvation Army

1500 Austin St
Houston,TX77002 		N/A PC Northside Campus project, annual luncheon, and Red Kettle campaign 265,000

Samaritan's Purse

PO Box 3000
Boone,NC28607 		N/A PC Ukraine crisis 25,000

Second Serving of Houston

8825 Knight Road
Houston,TX77054 		N/A PC General support 5,350

Serenity Retreat for Healing

2060 N Loop West Ste 200
Houston,TX77018 		N/A PC Prayer training for Methodist Hospital and general support 45,000

St John Divine Episcopal Church

2450 River Oaks Blvd
Houston,TX77018 		N/A PC General support 5,000

St John's School

2401 Claremont
Houston,TX77019 		N/A PC General support 6,500

St Jude Children's Research Hospital

1535 W Loop S
Houston,TX77027 		N/A PC General support 10,000

St Luke's United Methodist Church

PO Box 22013
Houston,TX77227 		N/A PC General support 10,000

St Paul's Day School

5501 Main Street
Houston,TX77004 		N/A PC General support 5,000

St Peter's Episcopal Church - Basalt Co

200 Elk Run Dr
Basalt,CO81621 		N/A PC BackPacks of Love 1,500

Stages

800 Rosine Street
Houston,TX77019 		N/A PC General support 11,000

Star of Hope Mission

2575 Reed Rd
Houston,TX77051 		N/A PC General support 5,000

Stoney Creek Foundation

510 Bering Ste 100
Houston,TX77057 		N/A PC General support 10,000

Student Teacher Innovation Fund for Hunt ISD

115 School Rd 259
Hunt,TX78024 		N/A GOV Tennis courts for ISD and community 10,000

Tau Trustees Educational Foundation Inc

1425 Preston Avenue
Austin,TX78703 		N/A PF General support 10,000

Teach for America

4669 Southwest Freeway Ste 600
Houston,TX77027 		N/A PC Neuhaus Education partnership and general support 111,250

Texas Children's Hospital Foundation

1919 South Braeswood MC-4-4483
Houston,TX77030 		N/A PC Aid to Ukraine 10,000

Texas Christian University

TCU Box 297140
Fort Worth,TX76129 		N/A PC Frog Club Golf Team 5,000

Texas Cultural Trust Council

901 Mopac Expressway Ste 410
Austin,TX78745 		N/A PC General support 6,200

The Brookwood Community

1752 FM 1489
Brookshire,TX77423 		N/A PC General support 39,500

The Diaper Foundation

4405 La Branch
Houston,TX77004 		N/A PC General support 20,000

The Forge for Families Inc

3150 Yellowstone Blvd
Houston,TX77054 		N/A PC Maggie Smith building operating and general support 32,000

The Gathering Church

10194 Grand Parkway 103-221
Richmond,TX77407 		N/A PC WBW Facility 25,000

The Menil Collection

1533 Sul Ross
Houston,TX77006 		N/A PC General support 1,000

The Museum of Fine Arts Houston

PO Box 6826
Houston,TX77265 		N/A PC Escher Exhibition, childhood education, and general support 16,640

The University of Texas Foundation Inc

1 University Station D1303
Austin,TX78712 		N/A PC Blanton Museum of Art, men's tennis, Neighborhood Longhorn program, and general support 165,100

The University of Texas Health Science Center

7000 Fannin Ste 1200
Houston,TX77030 		N/A GOV Treatment Resistant Depression Research 1,350

The University of Texas MD Anderson Cancer Center

1020 Holcombe Blvd
Houston,TX77030 		N/A GOV Making Cancer Histoy, Spring for Life, Santa's Elves 40,500

The WorkFaith Connection

5100 Travis St
Houston,TX77002 		N/A PC General support 5,000

Undying Hope

17119 Red Oak Drive
Houston,TX77090 		N/A PC General support 5,000

University of St Thomas

3800 Montrose Blvd
Houston,TX77006 		N/A PC General support 1,000

Van Cliburn Foundation

201 Main Street Ste 100
Fort Worth,TX76102 		N/A PC General support, in memory of Mary Jeanne Dyess 10,000

West University Elementary School Foundation

3756 University Blvd
Houston,TX77005 		N/A PC General support 5,000

Wiley College

711 Wiley Ave
Marshall,TX75670 		N/A PC General support 4,000

Will Erwin Headache Research Foundation

609 Main Street Ste 2350
Houston,TX77002 		N/A PC General support 24,000

Yellowstone Academy - Fdn for Tomorrow

2260 W Holcombe Blvd Ste 443
Houston,TX77029 		N/A PC Yellowstone College Prep (High School), Yellowstone Forever campaign, playground, and general support 118,334

Young Audiences

675 Bering Dr Ste 300
Houston,TX77057 		N/A PC General support 7,500

Young Life Greater Houston Region

900 Town Country Ste 302
Houston,TX77024 		N/A PC General support 5,000

Young Life Southside Virginia

PO Box 48
Farmville,VA23901 		N/A PC General support 10,000

Young Life-Houston Southwest

1931 Lexington
Houston,TX77098 		N/A PC General support 27,000

Zina Garrison Academy

1333 Old Spanish Trail Suite G175
Houston,TX77054 		N/A PC General support 5,000
Total .................................right arrow 3a 2,263,558
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
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 27,920  
4 Dividends and interest from securities ....     14 383,064  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 300,217  
8 Gain or (loss) from sales of assets other than
inventory ............ 		525990 27,806 18 1,402,412  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOil and gas royalties 		    15 272,793  
bPassthrough K-1 income 525990 23,045 14 130,277  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 50,851 2,516,683 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,567,534
(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 (2022)
Form 990-PF (2022)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
Scurlock Foundation
EIN:
74-1488953
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax compliance 6,550 2,275   3,275

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

TY 2022 GainLossSaleOtherAssetsSch
Name:
Scurlock Foundation
EIN:
74-1488953
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
From Sch K-1 (Form 1065)   Purchased     27,806   Cost 0 27,806  

TY 2022 InvestmentsCorpBondsSchedule
Name:
Scurlock Foundation
EIN:
74-1488953
Name of Bond End of Year Book Value End of Year Fair Market Value
9,000 Aercap Ireland Capital 09/15/23 4.5% 8,941 8,941
13,000 Ally Fin Note 11/15/27 7.1% 13,226 13,226
12,000 Ally Financial 11/20/25 5.75% 11,625 11,625
150,000 Ally Financial 06/2/21 7.5% 93,938 93,938
14,000 AON PLC 12/15/25 3.875% 13,649 13,649
15,000 BAT Capital Cor 09/6/24 2.789% 14,353 14,353
16,000 BAT Capital Cor 09/6/29 3.462% 13,749 13,749
250,000 Bank of America 03/15/18 6.67% 220,165 220,165
150,000 Cap One Financial 06/10/21 5.03% 117,807 117,807
12,000 Celanese Us Holdings 03/15/25 6.05% 11,953 11,953
7,000 Celanese Us Holdings 07/5/24 5.9% 6,998 6,998
5,000 Cenovus Energy 04/15/29 4.4% 4,610 4,610
11,000 Centene Corp Del Ser B 12/15/29 4.625% 10,051 10,051
150,000 Charles Schwab Corp 02/11/20 5.02% 119,617 119,617
14,000 Charter Communication 07/25/23 4.908% 13,721 13,721
14,000 CitiGroup Inc Perpetual 5.95% 13,864 13,864
200,000 CitiGroup Inc. 04/30/13 5.49% 194,881 194,881
11,000 Deutsche Bank 09/18/24 2.222% 10,624 10,624
14,000 Discover Financial 11/29/32 6.7% 14,231 14,231
11,000 Discovery Communications 09/20/47 5.2% 8,171 8,171
5,000 Energy Transfer 06/15/38 5.8% 4,578 4,578
11,000 Energy Transfer 05/15/30 3.75% 9,699 9,699
13,000 Equitrans Midstream Corp 07/15/28 5.5% 11,624 11,624
14,000 Ford Motor Credit 06/16/25 5.125% 13,459 13,459
10,000 General Electric Perpetual 8.099% 9,824 9,824
17,000 General Motors 04/10/28 2.4% 14,298 14,298
200,000 Goldman Sachs Group Inc. 11/01/17 7.67% 194,494 194,494
10,000 Goodyear Tire and Rubber Ser B 07/15/29 5% 8,342 8,342
10,000 JBS USA Lux 04/1/33 5.75% 9,538 9,538
75,000 JPMorgan Chase 05/12/21 4.26% 64,219 64,219
200,000 JPMorgan Chase 04/23/13 5.27% 195,250 195,250
14,000 Markel Corp - Perpetual 6% 13,545 13,545
8,000 Morgan Stansley ser I 10/16/26 6.138% 8,171 8,171
12,000 Murphy Oil 08/15/25 5.75% 11,791 11,791
7,000 Natwest Group 03/22/25 4.269% 6,845 6,845
18,000 Occidental peter Corp Note 09/1/25 5.875% 17,935 17,935
8,000 Omega Healthcare Invs Inc 08/01/23 4.375% 7,954 7,954
5,000 Petroleos Mexicanos Ser B 01/23/26 4.5% 4,506 4,506
5,000 Petroleos Mexicanos Ser D 02/12/28 5.35% 4,207 4,207
14,000 Sabine Pass Liquefaction 05/15/24 5.75% 14,003 14,003
12,000 Southwestern Energy Co 01/23/25 5.7% 11,790 11,790
10,000 State Str Corp Perpetual 8.366% 9,973 9,973
12,000 Suzano Austria GMBH 1/15/32 3.125% 9,356 9,356
28,000 Teva Pharmaceutical Fin 07/21/23 2.8% 27,370 27,370
21,000 TMobile US Note 9/15/23 7.875% 21,294 21,294

TY 2022 InvestmentsCorpStockSchedule
Name:
Scurlock Foundation
EIN:
74-1488953
Name of Stock End of Year Book Value End of Year Fair Market Value
857 Abbott Laboratories 94,090 94,090
446 Accenture PLC 119,011 119,011
4,308 Adaptive Biotechnologies Corp 30,850 30,850
61 Addus Homecare Corp 6,069 6,069
164 Alexandria Real Estate Equities 23,890 23,890
1,654 Alphabet Inc Cap Stk CL A 250,044 250,044
917 Amazon 77,028 77,028
369 Amazon.Com Inc 30,996 30,996
246 American Tower Corp 52,118 52,118
291 American Water Works Company 44,354 44,354
223 Ameriprise Financial 69,436 69,436
561 Ametek 78,383 78,383
2,340 Amplify Energy 10,388 10,388
633 Anero Resources Corp 19,617 19,617
14,149 Apollo Global Mgmt Inc. 902,565 902,565
1,463 Apple Inc 190,088 190,088
357 Applied Materials Inc. 34,765 34,765
10,000 AT&T Inc. 184,100 184,100
313 Avery Dennison Corp 56,653 56,653
1,742 Bank of America 57,695 57,695
246 Becton Dickinson & Co 62,558 62,558
363 Berkshire Hathaway Inc 112,131 112,131
592 Bio-Techne Corp 49,065 49,065
176 BJS WHSL Club 11,644 11,644
713 Bristol Meyers Squibb 51,300 51,300
142 Broadcom Inc 79,396 79,396
370 Brookfield Asset Management Inc. 10,608 10,608
1,480 Brookfield Corporation Class A 46,561 46,561
110 Brookfield Infrastructure Group 4,279 4,279
751 Burford Capital LTD 6,121 6,121
657 C H Robinson Worldwide Inc 60,155 60,155
300 Caesars Entertainment 12,480 12,480
1,201 Cal Maine Foods Inc 65,394 65,394
177 Canadian Natl RY Co 21,042 21,042
532 Canadian Pacific Railway Co 39,682 39,682
32 Carlisle Companies, Inc. 7,541 7,541
484 Catalent Inc. 21,785 21,785
32 Cavco Industries 7,240 7,240
62 Celsius Holdings, Inc 6,450 6,450
178 Chart Indutries Inc 20,511 20,511
497 Chesapeake Energy 45,187 45,187
97 Chord Energy 13,271 13,271
338 Chubb Limited Co 74,563 74,563
256 Cigna Copr 84,823 84,823
178,912 CommonFund Institutional Core Equity 6,342,360 6,342,360
113,479 CommonFund Multi Strategy Bond Investment Fund 1,147,250 1,147,250
114 Corecard Corp 3,303 3,303
123 Costco 56,149 56,149
276 Cumins Inc. 66,872 66,872
1,026 Darling Ingredients Inc. 64,217 64,217
26 Diamond Hill Invt Group Inc 4,810 4,810
666 Discover Financial Services 65,155 65,155
349 Disney Walt Co 30,321 30,321
154 Dollar General 37,922 37,922
297 Dover Corp 40,217 40,217
191 Driven Brands Holdings Inc. 5,216 5,216
2,055 Element Solutions Inc. 37,380 37,380
130 Elevance Health Inc. 66,686 66,686
760 Emerson Electric Co 73,006 73,006
267 Essilorluzottica Eur 48,214 48,214
139 Estee Lauder Companies 34,487 34,487
88 First Cash Holdings Inc. 7,648 7,648
42 First Service Corp 5,147 5,147
32 Fleetcor Technologies Inc 5,878 5,878
182 Focus Financial Partners 6,783 6,783
1,255 General Motors Co 42,218 42,218
149 Goldman Sachs Group Inc 51,164 51,164
32 Grupo Aeroportuario Del Surest ADR 7,456 7,456
907 Guardant Health 24,670 24,670
725 Halliburton Co 28,529 28,529
294 Healthcare Services Group 3,528 3,528
244 Home Bancshares Inc. 5,561 5,561
190 Home Depot Inc 60,013 60,013
512 Honeywell Intl Inc 110,150 110,150
22 Icon Plc Shs 4,273 4,273
921 IHS Holding Limited 5,664 5,664
290 Inmode Ltd. 10,353 10,353
524 Intercontinental Exchange Inc 53,757 53,757
243 International MNY Express 5,922 5,922
5,890 iShares Core S&P Midcap ETF 1,424,732 1,424,732
13,320 iShares MSCI EAFE Index Fund 874,325 874,325
6,855 iShares Russell 2000 ETF 1,195,238 1,195,238
700 iShares TR MBS ETF 64,925 64,925
378 Janus Detroit STR TR Henderson AAA CL 18,620 18,620
2,040 Janus Detroit STR TR Henderson MTG 92,738 92,738
886 JPMorgan Chase & Co 118,813 118,813
12,500 JPMorgan Chase & Co PFD 218,125 218,125
60,000 Kayne Anderson Energy Infrastr 513,600 513,600
10,000 Kinder Morgan Inc. 180,800 180,800
797 La Francaise Des Jeu X Euro 31,965 31,965
154 Lam Research Corp 64,726 64,726
55 Landstar Systems Inc. 8,959 8,959
350 Linde PLC 114,163 114,163
188 LKQ Corp 10,041 10,041
229 Magnolia Oil & Gas Corp 5,370 5,370
248 Marriott International Inc 36,925 36,925
854 Merck & Co Inc 94,751 94,751
312 Microchip Technology Inc 21,918 21,918
985 Microsoft Corp 236,223 236,223
299 Nestle SA CHFO 34,625 34,625
621 Nextera Energy 51,916 51,916
316 Norfolk Southern Corp 77,869 77,869
263 Nvidia Corp 38,435 38,435
52 Oreilly Automotive Inc 43,890 43,890
443 Pepsico Inc 80,032 80,032
898 Perimeter Solutions SA 8,208 8,208
184 Perrigo Company PLC 6,273 6,273
3,915 PG&E Corp 63,658 63,658
1,128 Phillips 66 117,402 117,402
58 Preferred Bank 4,328 4,328
570 Price T Rowe Group Inc 62,164 62,164
180 Progress Software 9,081 9,081
196 Prologis, Inc 22,095 22,095
122 Prosperity Bancshares 8,867 8,867
15,434 Real Estate Select Sector SPDR Fund 570,015 570,015
18 RH Company 4,809 4,809
2,144 Rimini STR Inc. 8,169 8,169
210 S&P Global Inc. 70,337 70,337
247 SalesForce Inc. 32,750 32,750
236 Semler Scientific Inc 7,788 7,788
95 Servicenow Inc. 36,886 36,886
37 Siteone Landscape Supply Inc 4,341 4,341
241 Sitio Royalties Corp Class A 6,953 6,953
127 Skyline Champion Corporation 6,542 6,542
5,240 SPDR S&P Trust 2,003,933 2,003,933
36 SPDR Ser Tr S&P Biotech ETF 2,988 2,988
753 Spirit Aerosystems Holdings Inc. 22,289 22,289
498 Star Group LP 6,001 6,001
1,278 Suncor Energy Inc. 40,551 40,551
811 Taiwan Semiconductor Manf Spons 60,411 60,411
118 Teleflex Inc. 29,456 29,456
131 Terdata Corp 4,409 4,409
389 Texas Instruments Inc 64,271 64,271
101 Thermo Fisher Scientific 55,620 55,620
283 Trane Technologies 47,569 47,569
49 United Health Group Inc. 25,979 25,979
168 Unitedhealth Group 89,070 89,070
991 Universal Music Group N.V. 23,808 23,808
2,634 Vertiv Holdings 35,980 35,980
782 Vinci ER 77,859 77,859
542 Visa Inc 112,606 112,606
591 Vizio Holdings Corp 4,379 4,379
1,340 Vontier Corp 25,902 25,902
10 Wabtec Corp 993 993
48 Walker & Dunlop 3,767 3,767
2,419 Warner Bros Discover Inc. 22,932 22,932
242 Waste Management Inc. 37,965 37,965
133 Webster Financial Corp 6,296 6,296
10,275 Wells Fargo & Co Pfd 169,229 169,229
1,753 Wells Fargo Co 72,381 72,381
80 XPEL Inc. 4,805 4,805
109 Ziff Davis Inc. 8,622 8,622

TY 2022 InvestmentsGovtObligationsSch
Name:
Scurlock Foundation
EIN:
74-1488953
US Government Securities - End of Year Book Value:

323,815
US Government Securities - End of Year Fair Market Value:

323,815
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2022 InvestmentsLandSchedule2
Name:
Scurlock Foundation
EIN:
74-1488953
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Fee Lands 18,161 0 18,161 72,123
Mineral interests Oil & Gas Interests 1,199,279 1,199,279 0 818,466

TY 2022 InvestmentsOtherSchedule2
Name:
Scurlock Foundation
EIN:
74-1488953
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AESSF III Private Investors Offshore, L.P. FMV 339,160 339,160
AP IX Private Investors Offshore, L.P. FMV 497,862 497,862
AP VIII Private Investors Offshore (USD), L.P. FMV 115,885 115,885
ASP 2021 Global Fund Private Investors Offshore SICAV-RAIF S.C.Sp. FMV 143,506 143,506
BREP VII Private Investors Offshore, L.P. FMV 122,762 122,762
BSREP II Private Investors Offshore, L.P. FMV 456,156 456,156
CAP II Private Investors Offshore, L.P. FMV 800 800
CAP IV Private Investors Offshore, L.P. FMV 108,310 108,310
CCMP III Private Investors Offshore, L.P. FMV 106,297 106,297
Commonfund Capital Co-Investment Opportunities 2015, L.P. FMV 385,220 385,220
Commonfund Capital Global Private Equity Partners 2014, L.P. FMV 1,101,677 1,101,677
Commonfund Capital Secondary Partners 2015, L.P. FMV 219,195 219,195
Commonfund Capital Secondary Partners II, L.P. FMV 482,168 482,168
DFJ Mercury II, L.P. FMV 279,380 279,380
DFJ Mercury Venture Partners, L.P. FMV 23,738 23,738
KKR 2006 Fund Private Investors Offshore, L.P. FMV 30,728 30,728
KKR European Fund II Private Investors Offshore (USD), L.P. FMV 3,491 3,491
McAlister Opportunity Fund 2012 LP FMV 136,683 136,683
Mezzanine Private Investors Offshore I, L.P. FMV 816 816
Mezzanine Private Investors Offshore III, L.P. FMV 380,056 380,056
MidOcean VI Private Investors Offshore, L.P. FMV 64,892 64,892
Next Gen Real Estate Offshore SICAV-RAIF S.C.Sp. FMV 142,733 142,733
Platform Partners Capital LLC FMV 658,367 658,367
QID TelMax LLC FMV 200,000 200,000
RRG SSP Holdings II LLC FMV 38,692 38,692
RRG SSP Holdings LLC FMV 38,692 38,692
RRG SSP Loan Co LLC FMV 250,000 250,000
RRI Holdings III LLC FMV 300,000 300,000
SLA II Private Investors Offshore, L.P. FMV 182,703 182,703
SOF X Private Investors Offshore 1, L.P. FMV 111,349 111,349
Taconic Offshore Fund 1.5 Ltd. FMV 2,262,592 2,262,592
The Artemis Female Fund II, L.P. FMV 90,983 90,983
U.S. Real Estate Income & Growth Finance Corp. (Cayman) FMV 417,823 417,823
Vintage Fund III Offshore LP FMV 880 880

TY 2022 LegalFeesSchedule
Name:
Scurlock Foundation
EIN:
74-1488953
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Royalty interest matter 1,695 1,695   0


TY 2022 OtherDecreasesSchedule
Name:
Scurlock Foundation
EIN:
74-1488953
Description Amount
Unrealized depreciation in value of investments 7,417,610


TY 2022 OtherExpensesSchedule
Name:
Scurlock Foundation
EIN:
74-1488953
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Insurance 4,033 1,245   2,763
Investment fees 591 591   0
K-1 expenses 112,693 104,157   0
Office expenses 25,018 7,726   17,137
Oil & gas expenses 21,044 21,044   0


TY 2022 OtherIncomeSchedule2
Name:
Scurlock Foundation
EIN:
74-1488953
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
  300,217 300,217 300,217
Oil and gas royalties 272,793 272,793 272,793
Passthrough K-1 income 153,322 129,795 153,322


TY 2022 OtherProfessionalFeesSchedule
Name:
Scurlock Foundation
EIN:
74-1488953
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment management fees 105,407 103,319   0


TY 2022 TaxesSchedule
Name:
Scurlock Foundation
EIN:
74-1488953
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise tax (990-PF) 29,821 0   0
Foreign tax 1,142 1,142   0
Income tax (990-T) 7,605 0   0
Property tax 11,080 11,080   0
Severance tax 9,258 9,258   0