| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 30,845 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MASTERCARD INC CL A | 310,437 | 398,360 |
| SANDOZ GROUP AG | 2,648 | 4,481 |
| WALMART INC | 95,615 | 110,040 |
| VANGUARD INDEX FDS REAL ESTATE ETF | 477,091 | 539,438 |
| VANGUARD FTSE EMERGING MARKETS ETF | 561,620 | 590,936 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | 1,380,717 | 1,492,804 |
| UTILITIES SELECT SECTOR SPDR | 485,011 | 462,436 |
| UNITED HEALTH GROUP INC | 183,457 | 244,282 |
| STANLEY BLACK & DECKER INC | 94,601 | 90,056 |
| SPDR S&P REGIONAL BANKING ETF | 143,204 | 189,272 |
| SERVICENOW INC | 93,504 | 172,384 |
| SALESFORCE COM INC COM | 140,495 | 160,779 |
| MCDONALDS CORP | 50,163 | 89,843 |
| LOWES COMPANIES INC | 179,470 | 293,543 |
| PFIZER INC | 190,195 | 139,545 |
| PEPSICO INC | 116,392 | 164,065 |
| NVIDIA CORP | 56,082 | 212,449 |
| NOVARTIS AG SPON ADR | 47,032 | 70,679 |
| NEXTERA ENERGY INC | 146,846 | 121,662 |
| MONDELEZ INTERNATIONAL INC | 178,915 | 317,243 |
| MICROSOFT CORP | 126,066 | 762,609 |
| META PLATFORMS INC CL A | 175,192 | 348,651 |
| MERCK & CO | 92,166 | 300,023 |
| MEDTRONIC PLC | 218,122 | 216,000 |
| S&P GLOBAL INC | 101,179 | 158,587 |
| JPMORGAN SMALL CAP EQUITY FUND | 300,372 | 305,099 |
| MAIN STREET CAPITAL CORP | 280,439 | 982,099 |
| ADVANCED MICRO DEVICES INC | 89,297 | 168,637 |
| WORKDAY INC CLASS A | 75,979 | 105,179 |
| DANAHER CORPORATION COM | 150,847 | 144,356 |
| JPMORGAN CHASE & CO | 334,425 | 561,330 |
| JOHNSON & JOHNSON | 255,277 | 353,449 |
| ISHARES TRANSPORTATION AVERAGE ETF | 69,501 | 101,560 |
| ISHARES MSCI EMERGING MARKETS ETF | 36,583 | 57,219 |
| ISHARES CORE S&P SMALL CAP ETF | 200,582 | 300,610 |
| ISHARES CORE S&P MIDCAP ETF | 781,677 | 1,190,914 |
| INVITATION HOMES INC | 126,962 | 134,325 |
| HONEYWELL INTERNATIONAL INC | 158,967 | 249,345 |
| FIRST FINANCIAL BANKSHARES | 1,192,122 | 5,201,268 |
| LAM RESEARCH CORP COM | 68,234 | 141,770 |
| CONOCOPHILLIPS | 117,184 | 181,882 |
| COCA-COLA CO | 126,368 | 151,097 |
| CHEVRON CORP NEW COM | 282,900 | 427,791 |
| BLACKSTONE GROUP INC COM CL A | 83,172 | 138,382 |
| BLACKROCK INC | 102,247 | 158,301 |
| APPLE INC COM | 91,668 | 626,108 |
| AMGEN INC | 107,202 | 112,328 |
| AMEN PROPERTIES | 29,756 | 36,538 |
| AMAZON.COM INCORPORATED | 247,287 | 474,964 |
| ALPHABET INC CL A | 253,791 | 612,541 |
| AIM INTL MUT FUNDS INVESCO INTL MUT FDS SMALLMID | 306,681 | 313,347 |
| ABBOTT LABORATORIES | 183,740 | 167,747 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| JMK INVESTMENTS | FMV | 251,190 | 964,919 |
| O&G PROPERTIES LESS ACCUM DEPLETION | AT COST | 434,072 | 1,583,084 |
| TEJON ENERGY | FMV | 769,398 | 5,029,129 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 64 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| UNREALIZED GAIN | 14,170,138 | 15,471,175 | |
| DIVIDEND RECEIVABLE | 7,950 | 2,187 | 2,187 |
| Description | Amount |
|---|---|
| NON-DEDUCTIBLE EXPENSES | 2,776 |
| JMK INVESTMENTS AT-RISK LIMITATION | 9,184 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER ROYALTY EXPENSES | 769 | 769 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OIL & GAS ROYALTIES | 422,752 | 422,752 | 422,752 |
| PARTNERSHIP INCOME | 314,794 | 314,794 | 314,794 |
| PARTNERSHIP INCOME- UBI PORTION | 397,111 | 0 | 397,111 |
| Description | Amount |
|---|---|
| CHANGE IN UNREALIZED GAIN IN CORPORATE STOCKS | 1,301,206 |
| ADDITIONAL PERCENTAGE DEPLETION | 48,336 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO COOPER MATTHEWS FOUNDATION | 265,762 | 105,872 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TRUSTEE FEES | 97,982 | 97,982 | 0 | |
| MISCELLANEOUS EXPENSES | 81 | 81 | 0 | |
| WORKING INTEREST TRUSTEE FEES | 250 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHHELD | 7,790 | 0 | 0 | |
| ROYALTY AD VALOREM TAX | 25,328 | 25,328 | 0 | |
| ROYALTY PRODUCTION TAX | 19,647 | 19,647 | 0 | |
| FEDERAL EXCISE TAX EXPENSE | 40,000 | 0 | 0 |