ST JOSEPH HS ENDOWMENT FUND C/O PROSPERITY BANK TRUSTEE

Address
101 S MAIN ST - TRUST DEPARTMENT
VICTORIA, TX 77901
Contact
Phone: +1 (361) 573-6321
Nonprofit
NTEE: B25 - Secondary, High School
EIN: 23-7441343

Mission

ENDOWMENT FUND FOR SCHOOL.
 20172016201520142013
Basic features of the organization
Year of formation1975
Subsection code03
PF filing required0    
Metropolitan statistical area8750
Form of organization
TrustTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$16,077.00$25,379.00$13,698.00$22,154.00$16,424.00
Sum of reportable (W2/1099) compensation$16,077.00$25,379.00$13,698.00$22,154.00$16,424.00
Number of employees00000
Number of people compensated >$100k    0
Number of highly compensated contractors    0
Personnel
Bank, Prosperity
Title   TRUSTEE 
Name of key/compensated person   PROSPERITY BANK 
Position of compensated person
Current institutional trustee   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $22,154.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
MacHa, Billy
Title  TRUST OFFICE  
Name of key/compensated person  BILLY MACHA  
Position of compensated person
Current institutional trustee  True  
Average hours per week working for org  1.00  
Reportable compensation from org  $13,698.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Texasna, Wells
Title    Trustee
Name of key/compensated person    Wells Fargo Bank TexasNA
Position of compensated person
Current institutional trustee    True
Average hours per week working for org    1.00
Reportable compensation from org    $16,424.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesENDOWMENT FUND FOR SCHOOLENDOWMENT FUND FOR SCHOOLENDOWMENT FUND FOR SCHOOLENDOWMENT FUND FOR SCHOOL.Endowment Fund for School
Program service expenses, total$131,234.00$113,997.00$61,680.00$392,102.00$66,739.00
Programs, including revenue & expenses
FUNDS WERE DISBURSED TO ST. JOSEPH HIGH SCHOOL, AN EXEMPT ORGANIZATION, FOR OPERATIONS.
Program expenses$131,234.00$113,997.00$61,680.00$392,102.00$66,739.00
Program descriptionFUNDS WERE DISBURSED TO ST. JOSEPH HIGH SCHOOL, AN EXEMPT ORGANIZATION, FOR OPERATIONS.FUNDS WERE DISBURSED TO ST. JOSEPH HIGH SCHOOL, AN EXEMPT ORGANIZATION, FOR OPERATIONS.FUNDS WERE DISBURSED TO ST. JOSEPH HIGH SCHOOL, AN EXEMPT ORGANIZATION, FOR OPERATIONS.FUNDS WERE DISBURSED TO ST. JOSEPH HIGH SCHOOL, AN EXEMPT ORGANIZATION, FOR OPERATIONS.Funds were disbursed to St. Joseph High School, an exempt organization, for operations.
Financial data
Revenue
Total revenue$269,870.00$211,599.00$130,957.00$460,099.00$311,011.00
Revenue from contributions (total)$13,699.00$46,820.00$16,442.00$5,380.00$40,985.00
Investment income, current yr$256,171.00$164,779.00$114,515.00$454,719.00$270,026.00
Total revenue from grants, etc., current yr$13,699.00$46,820.00$16,442.00$5,380.00$40,985.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)  $0.00$0.00$0.00
Gross receipts$1,004,542.00$414,690.00$227,880.00$5,638,577.00$1,318,068.00
Sources of contributions
Revenue from all other contributions$13,699.00$46,820.00$16,442.00$5,380.00$40,985.00
Other types of revenue
Royalties (total)    $0.00
Miscellaneous revenue (total)    $0.00
Net revenue from gaming (total)    $0.00
Income from dividends, interest, and similar investments$129,577.00$118,888.00$96,559.00$98,125.00$79,203.00
Net rental income  $0.00$0.00$0.00
Net income from fundraising events    $0.00
Net inventory sales (total)    $0.00
Expense categories (totals)
Total functional expenses: sum of all$155,020.00$140,739.00$76,638.00$415,793.00$84,638.00
Total functional expenses: program service $131,234.00$113,997.00$61,680.00$392,102.00$66,739.00
Total functional expenses: management and general$23,786.00$26,742.00$14,958.00$23,691.00$17,899.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Lobbying fees (total)    $0.00
Legal fees (total)    $0.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)    $0.00
Investment management fees (total)$6,559.00   $0.00
Assets and liabilities
Total assets$4,350,037.00$4,235,187.00$4,164,327.00$4,110,008.00$4,065,702.00
Total assets, beginning of year$4,235,187.00$4,164,327.00$4,110,008.00$4,065,702.00$3,839,329.00
Total liabilities$0.00$0.00$0.00$0.00$0.00
Pledges & accounts receivable, net    $0.00
Loans & receivables from key persons    $0.00
Net assets$4,350,037.00$4,235,187.00$4,164,327.00$4,110,008.00$4,065,702.00
Net assets, beginning of year$4,235,187.00$4,164,327.00$4,110,008.00$4,065,702.00$3,839,329.00
Intangible assets    $0.00
Other assets   $124,361.00$0.00
Investments: other securities    $0.00
Investments: publicly traded securities$3,608,884.00$3,391,183.00$3,575,400.00 $3,929,273.00
Cash: non-interest bearing    $0.00
Investments -- program-related    $0.00
Inventories for sale or use    $0.00
Other financial variables
Revenue less expenses$114,850.00$70,860.00$54,319.00$44,306.00$226,373.00
Advertising (total)    $0.00
Savings & temp cash investment$741,147.00$843,998.00$588,921.00$3,985,641.00$136,423.00
Accounts receivable, net    $0.00
Prepaid expenses & deferred charges    $0.00
Total net assets or fund balances$4,350,037.00$4,235,187.00$4,164,327.00$4,110,008.00$4,065,702.00
Depreciation, depletion, amortization    $0.00
Payment to affiliates    $0.00
Governance and accountability
Number of voting members202020201
Number of independent voting members00000
Cash accountingTrueTrueTrueTrueTrue
Tax year start date2017-01-012016-01-012015-01-012014-01-012013-01-01
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Reason for form submission
Address change   True 
Date e-filing submitted2018-08-022017-10-202016-10-142016-01-282014-10-22
IRS schema version2017v2.32016v3.02015v2.12014v5.02013v3.1
Filing identifier201821309349301167201711229349300911201621699349300717201513109349301246201421689349300637
Use these data in your project Benchmark this organization against its peers