Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $61,345

• 1f · All other contributions, gifts and grants

  $115,562

• 1g · Noncash contributions included above

  $240

• 3 · Investment income

  total $349,962 · excluded $349,962

• 7a · Gross sales of assets other than inventory

  securities $1,703,762

• 7b · Less cost or other basis and sales expenses

  securities $1,820,219

• 7c · Gain or loss

  securities -$116,457

• 7d · Net gain or loss

  total -$116,457 · excluded -$116,457

• 8a · Fundraising events: gross income

  $14,480

• 8a · Fundraising events: contributions included on line 1c

  $61,345

• 8b · Fundraising events: direct expenses

  $33,719

• 8c · Net income from fundraising events

  total -$19,239 · excluded -$19,239

• 9a · Gaming: gross income

  $4,000

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $4,000 · excluded $4,000

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $402,500 · program services $402,500

• 11c · Fees: accounting

  total $22,469 · management and general $22,469

• 11f · Fees: investment management

  total $18,148 · management and general $18,148

• 13 · Office expenses

  total $3,930 · program services $3,057 · management and general $873

• 16 · Occupancy

  total $103 · program services $103

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $103,529 · end of year $187,496

• 4 · Accounts receivable

  beginning of year $171,761 · end of year $40,622

• 12 · Investments: other securities

  beginning of year $14,131,558 · end of year $16,072,504

• 15 · Other assets

  beginning of year $4 · end of year $4

• 17 · Accounts payable and accrued expenses

  beginning of year $157,067 · end of year $22,237

• 27 · Net assets without donor restrictions

  beginning of year $7,120,453 · end of year $8,092,758

• 28 · Net assets with donor restrictions

  beginning of year $7,129,332 · end of year $8,185,631

The filer's explanations (Part III)

PART I, LINE 4B:

*PARTICIPATION IN NON-QUALIFIED RETIREMENT PLANS CERTAIN EMPLOYEES OF TEXAS SCOTTISH RITE HOSPITAL FOR CHILDREN, A RELATED ENTITY, PARTICIPATE IN A SUPPLEMENTAL BENEFIT PLAN WITH THE RIGHTS TO CHOOSE BETWEEN LIFE INSURANCE, DISABILITY INSURANCE, LONG-TERM CARE INSURANCE AND RETIREMENT BENEFITS. THE VALUE OF THE BENEFIT IS REPORTED AS COMPENSATION. ALL RETIREMENT BENEFITS ARE IMMEDIATELY VESTED AT THE TIME EARNED. INCLUDED IN SCHEDULE J, PART II, COLUMN B (III): KRISTINA KEEVER-SMITH $ 14,625 LORI DALTON $ 27,540 ASHLEY GIVENS $ 7,290 THE RESTORATION OF RETIREMENT INCOME PLAN (RRIP) IS A NON QUALIFIED PLAN SUPPLEMENTAL RETIREMENT BENEFITS TO CERTAIN EMPLOYEES OF TEXAS RITE HOSPITAL FOR CHILDREN (TSRHC) AND A RELATED ENTITY, WHOSE BENEFITS UNDER THE TAX-QUALIFIED RETIREMENT PLAN HAVE BEEN LIMITED BY THE MAXIMUM BENEFIT AND MAXIMUM COMPENSATION LIMITATIONS IMPOSED UNDER THE TAX QUALIFIED RETIREMENT PLAN IN ORDER TO COMPLY WITH THE INTERNAL REVENUE CODE. THE TOTAL ACCUMULATED BENEFIT THAT HAS ACCRUED FOR A PARTICIPANT UNDER THE RRIP NORMALLY BECOMES VESTED AND TAXABLE TO A PARTICIPANT WHEN PROVIDING HE OR SHE EITHER HAS ATTAINED AGE 55 AND COMPLETED 15 YEARS OF SERVICE OR ATTAINS AGE 65. THE BENEFIT ACCRUALS FOR A PARTICIPANT AFTER THE DATE OF INITIAL VESTING ARE TAXABLE TO THE PARTICIPANT WHEN AND AS ACCRUED. RRIP BENEFITS BECOME PAYABLE AFTER TERMINATION OF EMPLOYMENT. UNDER THE TERMS OF THE RRIP, THE FOLLOWING EMPLOYEES HAVE PREVIOUSLY VESTED IN THE RRIP AND ACCRUED ADDITIONAL BENEFITS DURING 2023, WHICH ARE SUBJECT TO TAXATION, IN THE FOLLOWING AMOUNTS. (INCLUDED IN SCH J, PART II, COL C AND W-2, BOX 5) KRIS KEEVER-SMITH $1,603 UNDER THE TERMS OF THE RRIP, THE FOLLOWING EMPLOYEES HAVE PREVIOUSLY VESTED IN THE RRIP AND ACCRUED ADDITIONAL BENEFITS DURING 2023, WHICH ARE SUBJECT TO TAXATION, IN THE FOLLOWING AMOUNTS. (INCLUDED IN SCH J, PART II, COL B (III) & W-2, BOX 5) KRIS KEEVER-SMITH - $23,735 THE DEFINED BENEFIT RETIREMENT PLAN FOR THE EMPLOYEES OF TEXAS SCOTTISH RITE HOSPITAL FOR CHILDREN (DB PLAN) IS A QUALIFIED PLAN OF A RELATED ENTITY. THE DB PLAN WAS CLOSED TO NEW ENTRANTS BEGINNING OCTOBER 2005. THE RETIREMENT BENEFITS ARE BASED UPON THE PARTICIPANT'S YEARS OF SERVICE AND AVERAGE MONTHLY COMPENSATION. THE VALUE OF THE ANNUAL BENEFIT THAT HAS ACCRUED FOR A PARTICIPANT IS REPORTED AS THE ANNUAL RETIREMENT BENEFIT. THE VALUE OF THE ANNUAL ACCRUED BENEFIT OF THE DB PLAN, INCLUDED ON SCHEDULE J, PART II COLUMN C: KRISTINA KEEVER-SMITH $134,882 ASHLEY GIVENS $26,762

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• PEG WELBORN PRIVATE EQUITY FUND LP

  N/A · INVESTMENTS · NY

• ALGERT INTERNATIONAL SMALL CAP FUND LP

  N/A · INVESTMENTS · CA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER TRUST (2)

  T · CHARITABLE REMAINDER TRUST · TX