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
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
STEPHEN M SEAY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)6060 N CENTRAL EXPRESSWAY 500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DALLAS, TX75206
A Employer identification number

36-4613275
B Telephone number (see instructions)

(214) 718-9047
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$24,553,926J 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 112,600 112,600  
4 Dividends and interest from securities... 617,040 617,040  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 607,996
b Gross sales price for all assets on line 6a 3,798,496
7 Capital gain net income (from Part IV, line 2)... 607,996
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
30,773 21,110  
12 Total. Add lines 1 through 11........ 1,368,409 1,358,746  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 14,802 7,400   7,402
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
22,695 11,348   11,348
c Other professional fees (attach schedule)....        
17 Interest............... 10,952 10,952   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
23,578 7,831   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 11,079 0   11,079
21 Travel, conferences, and meetings....... 3,417 0   3,417
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
162,908 79,164   2,703
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 249,431 116,695   35,949
25 Contributions, gifts, grants paid....... 1,092,500 1,092,500
26 Total expenses and disbursements. Add lines 24 and 25 1,341,931 116,695   1,128,449
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 26,478
b Net investment income (if negative, enter -0-) 1,242,051
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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......... 622,308 1,184,459 1,184,459
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 17,729,999 Click to see attachment
List of Attached Documents:
// Content
17,194,326 		23,368,592
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
875 		Click to see attachment
List of Attached Documents:
// Content
875 		Click to see attachment
List of Attached Documents:
// Content
875
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,353,182 18,379,660 24,553,926
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 18,353,182 18,379,660
29 Total net assets or fund balances (see instructions)..... 18,353,182 18,379,660
30 Total liabilities and net assets/fund balances (see instructions). 18,353,182 18,379,660
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
18,353,182
2
Enter amount from Part I, line 27a .....................
2
26,478
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,379,660
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,379,660
Form 990-PF (2023)
Form 990-PF (2023)
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 NORTHERN TRUST #4081--CGD P    
b 1500 SHS APPLE, INC P 2013-02-01 2023-10-20
c 115 SHS ATLANTA BRAVES HOLDINGS P 2021-07-21 2023-09-29
d 2000 SHS CVS HEALTH CORP P 2008-07-25 2023-09-29
e 400 SHS CVS HEALTH CORP P 2021-07-21 2023-09-29
5000 SHS ISHARES LATIN AMERICA P 2022-10-27 2023-10-24
171 SHS LIBERTY MEDIA CORP P 2021-07-21 2023-09-29
750 SHS MICROSOFT CORP P 2009-04-30 2023-10-20
750 SHS MICROSOFT CORP P 2009-05-01 2023-10-20
175000 SHS MERCK & CO P 2018-08-02 2023-05-18
150000 SHS SCHLUMBERGER S.3.65% P 2022-04-26 2023-12-01
1198 SHS ISHARES RUSSELL 1000 GROWTH INDEX P   2023-04-26
4951.34 SHS MFB NORTHN INTL EQTY INDEX FD P   2023-04-26
16942.15 SHS MFB NORTHERN MULTI MANAGER GLOBAL LISTED INFRASTRUCTURE FUND P   2023-04-26
1495.92 SHS MFB NORTHN FDS MULTI-MANAGER EMERGING MKTS EQTY FD P 2018-06-25 2023-04-26
95948.47 SHS MFB NORTHN HI YIELD FXD INC FD P   2023-04-26
18929.71 SHS MFB NORTHN HI YIELD FXD INC FD P 2010-06-15 2023-04-26
963 SHS MFC SPDR TR UNIT SER 1 STD & POORS UNIT SER 1 P   2023-04-26
3643.52 SHS MFO DFA INTL SMALL CO PORTFOLIO FUND P 2017-08-04 2023-04-27
855.55 SHS MFO DFA INVESTMENT DIMENSIONS GROUP INC US SMALL CAP P   2023-04-27
34892.39 SHS MFB NORTHN FDS MULTI-MANAGER EMERGING MKTS EQTY FD P   2023-09-01
6829.13 SHS MFO DFA INTL SMALL CO PORTFOLIO FUND P   2023-11-17
5072.54 SHS MFB NORTHERN FDS GLOBAL REAL ESTATE INDEX FD P 2013-09-04 2023-11-17
2082.39 SHS MFB NORTHERN FDS GLOBAL REAL ESTATE INDEX FD P 2008-06-16 2023-11-17
OIL NUT BAY ROYALTIES LP P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 23,590     23,590
b 261,365   24,441 236,924
c 4,128   3,082 1,046
d 140,099   76,909 63,190
e 28,020   33,076 -5,056
123,323   127,375 -4,052
5,534   3,735 1,799
246,163   15,315 230,848
246,163   15,067 231,096
175,000   172,810 2,190
150,000   151,899 -1,899
287,396   294,173 -6,777
66,150   62,964 3,186
205,000   216,109 -11,109
19,432   30,457 -11,025
551,704   640,936 -89,232
108,846   128,722 -19,876
391,740   230,655 161,085
68,352   75,422 -7,070
33,050   27,291 5,759
477,677   654,432 -176,755
123,607   141,341 -17,734
43,979   44,043 -64
18,054   20,246 -2,192
124     124
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       23,590
b       236,924
c       1,046
d       63,190
e       -5,056
      -4,052
      1,799
      230,848
      231,096
      2,190
      -1,899
      -6,777
      3,186
      -11,109
      -11,025
      -89,232
      -19,876
      161,085
      -7,070
      5,759
      -176,755
      -17,734
      -64
      -2,192
      124
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 2 607,996
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  
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 17,265
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 17,265
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 17,265
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 22,080
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,080
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 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 4,815
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow4,815 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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
 
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:
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 2023 or the taxable year beginning in 2023? 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
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 arrowN/A
14
The books are in care ofright arrowLEE-ANN GRAHAM Telephone no.right arrow (214) 718-9047

Located atright arrow6060 N CENTRAL EXPRESSWAY SUITE 500DALLASTX ZIP+4right arrow75206
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 2023, 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
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
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
Yes
 
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
3b
 
No
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
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
PETER K LUTKEN III DIRECTOR
2.00 		3,200 0 128
6060 N CENTRAL EXPRESSWAY SUITE 500
DALLAS,TX75206
LEE-ANN GRAHAM DIRECTOR
2.00 		4,075 0 1,778
6060 N CENTRAL EXPRESSWAY SUITE 500
DALLAS,TX75206
DAVID J WOOD DIRECTOR
2.00 		7,527 0 2,569
6060 N CENTRAL EXPRESSWAY SUITE 500
DALLAS,TX75206
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 (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............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 (2023)
Form 990-PF (2023)
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
22,552,908
b
Average of monthly cash balances.......................
1b
1,198,974
c
Fair market value of all other assets (see instructions)................
1c
404,038
d
Total (add lines 1a, b, and c).........................
1d
24,155,920
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
24,155,920
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
362,339
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
23,793,581
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,189,679
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
1,189,679
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
17,265
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
17,265
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,172,414
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,172,414
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
1,172,414
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
1,128,449
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
1,128,449
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,172,414
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 695,668
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,128,449
a Applied to 2022, but not more than line 2a 695,668
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 2023 distributable amount..... 432,781
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		739,633
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, 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) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 (2023)
Form 990-PF (2023)
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

ADVENTURE CYCLING ASSOCIATION

150 EAST PINE STREET
MISSOULA,MT59807 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 1,000

AMIGOS DE LAS AMERICAS

3730 KIRBY DRIVE SUITE 1200
HOUSTON,TX77098 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

ARTIST BOAT

2627 AVENUE O
GALVESTON,TX77550 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

ASPEN VALLEY LAND TRUST

320 MAIN STREET SUITE 204
CARBONDALE,CO81623 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 20,000

BIG BEND CONSERVANCY

PO BOX 200
BIG BEND NATIONAL PARK,TX79834 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 25,000

BONTON FARMS

6911 BEXAR STREET
DALLAS,TX75215 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

BOY SCOUT TROOP #511-PALMER MEMORIAL EPISCOPAL CHURCH

6221 MAIN STREET
HOUSTON,TX77030 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

BOY SCOUTS OF AMERICA - CIRCLE TEN COUNCIL

8605 HARRY HINES BLVD
DALLAS,TX75235 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

BOY SCOUTS OF AMERICA-PHILMONT SCOUT RANCH

17 DEER RUN ROAD
CIMARRON,NM87714 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

BOY SCOUTS OF AMERICA-SAM HOUSTON AREA COUNCIL

2225 N LOOP WEST
HOUSTON,TX77008 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

BREAKTHROUGH CENTRAL TEXAS

1050 E 11TH STREET
AUSTIN,TX78702 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 25,000

BROTHER BILL'S HELPING HANDS

PO BOX 565846
DALLAS,TX75356 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

BUFFALO BILL CENTER OF THE WEST

720 SHERIDAN AVE
CODY,WY82414 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

CALIFORNIA INSTITUTE OF TECHNOLOGY

1200 E CALIFORNIA BLVD
PASADENA,CA91125 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 25,000

CAMP JOHN MARC

2929 CARLISLE STREET SUITE 355
DALLAS,TX75204 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

CATCH UP AND READ

12222 MERIT DRIVE SUITE 110
DALLAS,TX75251 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

CHICAGO LIGHTS

126 E CHESTNUT STREET
CHICAGO,IL60611 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

CHILDREN'S HEALTH

2777 STEMMONS FREEWAY SUITE 700
DALLAS,TX75207 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 60,000

CHRISTIAN COMMUNITY SERVICE CENTER

PO BOX 27924
HOUSTON,TX77227 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

COLORADO SCHOOL OF THE MINES

PO BOX 4005
GOLDEN,CO80402 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

COMPELLING LIGHT

PO BOX 821536
DALLAS,TX75382 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

CONCORDIA LANGUAGE VILLAGES

901 8TH STREET S
MOORHEAD,MN56562 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 3,000

CROW CANYON ARCHAEOLOGICAL CENTER

23390 COUNTY ROAD K
CORTEZ,CO81321 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 40,000

DALLAS ACADEMY

950 TIFFANY WAY
DALLAS,TX75218 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 2,500

DALLAS ARBORETUM & BOTANICAL GARDEN

8525 GARLAND ROAD
DALLAS,TX75218 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 50,000

DALLAS CHILDREN'S THEATER

5938 SKILLMAN ST
DALLAS,TX75231 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 15,000

DALLAS EDUCATION FOUNDATION

3700 ROSS AVE STE 209
DALLAS,TX75204 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 20,000

DALLAS IS GARDENING INC

12408 MATISSE LANE
DALLAS,TX75230 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 20,000

DALLAS MUSEUM OF ART

1717 N HARWOOD ST
DALLAS,TX75201 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 30,000

DALLAS ZOOLOGICAL SOCIETY

650 R L THORTON FWY
DALLAS,TX75203 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

DEEP SPRINGS COLLEGE

HC72 BOX 45001
DYER,NV89010 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 25,000

FOR THE LOVE OF THE LAKE

PMB 381 CASA LINDA PLAZA
DALLAS,TX75218 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 1,000

GATEWAY MOUNTAIN CENTER - SEE

PO BOX 995
SODA SPRINGS,CA95728 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

GENESIS WOMEN'S SHELTER

4411 LEMMON AVE 201
DALLAS,TX75219 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

GIRL SCOUTS OF NORTHEAST TEXAS

6001 SUMMERSIDE DR
DALLAS,TX75252 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

GIRL SCOUTS OF SAN JACINTO COUNCIL

3110 SOUTHWEST FWY
HOUSTON,TX77098 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

GREATER DALLAS YOUTH ORCHESTRA

3630 HARRY HINES BLVD
DALLAS,TX75219 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

HANAHAU'OLI SCHOOL

1922 MAKIKI STREET
HONOLULU,HI96822 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 15,000

HIGH MOUNTAIN INSTITUTE

531 COUNTRY ROAD 5A
LEADVILLE,CO80461 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 1,000

HOPE SUPPLY COMPANY

10480 SHADY TRAIL SUITE 104
DALLAS,TX75220 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

HOUSTON ARBORETUM

4501 WOODWAY DRIVE
HOUSTON,TX77024 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

HOUSTON FOOD BANK

535 PORTWALL ST
HOUSTON,TX77029 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

INSTITUTE FOR CIVILITY IN GOVERNMENT

PO BOX 41804
HOUSTON,TX77241 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

JOHN BUNKER SANDS WETLAND CENTER

655 MARTIN LANE
SEAGOVILLE,TX75159 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

LAKEHILL PREPARATORY SCHOOL

2720 HILLSIDE DR
DALLAS,TX75214 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 1,000

LITERACY ACHIEVES - VICKERY MEADOWS LEARNING CENTER

4144 NORTH CENTRAL EXPWY SUITE 702
DALLAS,TX75204 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

LOCALOGYSANGRE DE CRISTO YOUTH RANCH

HC 81 BOX 412031 LA LAMA ROAD
QUESTA,NM87556 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 15,000

MENTAL HEALTH AMERICA OF GREATER DALLAS

624 N GOOD LATIMER EXPY STE 200
DALLAS,TX75204 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

MICHIGAN STATE UNIVERSITY-ABRAMS PLANETARIUM

535 CHESTNUT ROAD ROOM 300
EAST LANSING,MI48824 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

MULTICULTURAL REFUGEE COALITION

PO BOX 41566
AUSTIN,TX78704 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

NATIONAL CHRISTIAN FOUNDATION

8214 WESTCHESTER DRIVE SUITE 950
DALLAS,TX75225 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 1,000

NATIONAL COWBOY & WESTERN HERITAGE MUSEUM

1700 NE 63RD ST
OKLAHOMA,OK73111 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 2,500

NATIONAL GHOST RANCH FOUNDATION

280 PRIVATE DRIVE 1708
ABIQUIU,NM87510 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 25,000

NORTH TEXAS FOOD BANK

4500 S COCKRELL HILL ROAD
DALLAS,TX75236 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 20,000

NTX SCHOOL GARDEN NETWORK

8907 SAN LEANDRO DR
DALLAS,TX75218 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

OUT TEACH

1700 UNIVERSITY DRIVE SUITE 260
FORT WORTH,TX76107 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 1,000

PEROT MUSEUM OF NATURE & SCIENCE

2201 N FIELD ST
DALLAS,TX75201 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 50,000

PIVOT INC - A TURNING POINT FOR YOUTH

201 NE 50TH ST
OKLAHOMA CITY,OK73105 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

PRINCETON UNIVERSITY

330 ALEXANDER STREET
PRINCETON,NJ08540 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

READERS 2 LEADERS

PO BOX 195076
DALLAS,TX75219 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

RECIPE FOR SUCCESS FOUNDATION

PO BOX 56405
HOUSTON,TX77256 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

REGIONAL FOOD BANK OKLAHOMA

PO BOX 270968
OKLAHOMA CITY,OK73137 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

SIERRA FOREVER

190 EAST YANEY STREET
BISHOP,CA93514 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

SPCA OF TEXAS

2400 LONE STAR DRIVE
DALLAS,TX75212 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 500

ST MARKS SCHOOL OF TEXAS

10600 PRESTON ROAD
DALLAS,TX75230 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 20,000

ST PHILIP'S SCHOOL & COMMUNITY CENTER

1600 PENNSYLVANIA AVE
DALLAS,TX75215 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 50,000

STANFORD UNIVERSITY

520 LASUEN MALL
STANFORD,CA94305 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

SURPASSING GRACE

PO BOX 550951
DALLAS,TX75355 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 20,000

TEXAS CONSERVATION ALLIANCE

PO BOX 822554
DALLAS,TX75382 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

TEXAS RAMP PROJECT

PO BOX 832065
RICHARDSON,TX750832065 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

TEXAS SCOTTISH RITE HOSPITAL

2222 WELBORN ST
DALLAS,TX75219 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 40,000

THE AMERICAN ADVENTURE SERVICE CORP

PO BOX 69
JONAS RIDGE,NC28641 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

THE EPISCOPAL SCHOOL OF DALLAS

4100 MERRELL RD
DALLAS,TX75229 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

THE NATURE DISCOVERY CENTER

7112 NEWCASTLE ST
BELLAIRE,TX77401 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

THE WINSTON SCHOOL

5707 ROYAL LANE
DALLAS,TX75229 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 3,000

THE WOODS PROJECT

6 SLEEPY OAKS
HOUSTON,TX77024 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 50,000

TO BE LIKE ME

5817 HILLCREST AVENUE
DALLAS,TX75205 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

TRANSITION RESOURCE ACTION CENTER

3108 LIVE OAK STREET
DALLAS,TX75204 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 25,000

TRINITY RIVER AUDUBON CENTER

6500 GREAT TRINITY FOREST WAY
DALLAS,TX75217 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

URBAN HARVEST

2311 CANAL STREET SUITE 200
HOUSTON,TX77003 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

WEST DALLAS COMMUNITY SCHOOL

2300 CANADA DRIVE
DALLAS,TX75212 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000

YELLOWSTONE BIG HORN RESEARCH ASSOCIATION

PO BOX 20598
BILLINGS,MT59104 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

YOUNG LIFE WILDERNESS RANCH CAMP

PO BOX 70065
PRESCOTT,AZ86304 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

YOUNG LIFE LAKE HIGHLANDS

PO BOX 70065
PRESCOTT,AZ86304 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 4,000

YOUNG LIFE NATIONAL WILDLIFE DIRECTOR

PO BOX 70065
PRESCOTT,AZ86304 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000

YOUNG LIFE NORTH DALLAS HIGH SCHOOL

PO BOX 70065
PRESCOTT,AZ86304 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 20,000

YOUNG LIFE NORTHEAST REGION

PO BOX 70065
PRESCOTT,AZ86304 		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 1,000
Total .................................right arrow 3a 1,092,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 ........... 		    14 112,600  
4 Dividends and interest from securities ....     14 617,040  
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 21,110  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 607,996  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aBLACK STONE MINERALS, LP 		523000 -337      
bTAX-EXEMPT INTEREST INCOME     14   10,000
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -337 1,358,746 10,000
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,368,409
(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.)
11B INTEREST WAS EXCLUDED FROM GROSS INCOME BY SECTION 103.
Form 990-PF (2023)
Form 990-PF (2023)
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
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Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
STEPHEN M SEAY FOUNDATION INC
EIN:
36-4613275
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEES 22,695 11,348   11,348

TY 2023 InvestmentsOtherSchedule2
Name:
STEPHEN M SEAY FOUNDATION INC
EIN:
36-4613275
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
INVESTMENTS AT COST 16,797,756 22,972,022
INVESTMENT IN OIL NUT BAY AT COST 48,452 48,452
KIMBELL ROYALTY PARTNERS LP AT COST 275,790 275,790
INVESTMENT IN BLACK STONE MINERALS, L.P. AT COST 72,328 72,328

TY 2023 OtherAssetsSchedule
Name:
STEPHEN M SEAY FOUNDATION INC
EIN:
36-4613275
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
UTILITY DEPOSIT 175 175 175
SECURITY DEPOSIT 700 700 700


TY 2023 OtherExpensesSchedule
Name:
STEPHEN M SEAY FOUNDATION INC
EIN:
36-4613275
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 25,038 25,038   0
INVESTMENT FEES 129,251 48,211   0
OFFICE EXPENSE 399 0   399
NONDEDUCTIBLE EXPENSE 9 9   0
BANK SERVICE CHARGE 15 0   15
MISCELLANEOUS REIMBURSEMENTS 659 0   659
DUES 1,630 0   1,630
MISCELLANEOUS 5,907 5,906   0


TY 2023 OtherIncomeSchedule2
Name:
STEPHEN M SEAY FOUNDATION INC
EIN:
36-4613275
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
BLACK STONE MINERALS LP 9,019 9,019 9,019
SCHWAB #7769-OTHER INVESTMENT INCOME 1,772 1,772 1,772
OTHER INVESTMENT INCOME-K-1'S 1,459 1,459 1,459
OIL NUT BAY ROYALTIES LP 8,860 8,860 8,860
BLACK STONE MINERALS, LP -337 0 -337
TAX-EXEMPT INTEREST INCOME 10,000   10,000


TY 2023 TaxesSchedule
Name:
STEPHEN M SEAY FOUNDATION INC
EIN:
36-4613275
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INCOME TAX 15,747 0   0
FOREIGN TAXES PAID 7,831 7,831   0