Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $230,000

• 1f · All other contributions, gifts and grants

  $1,294,281

• 3 · Investment income

  total $705,261 · excluded $705,261

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6d · Net rental income or loss

  total $0

• 7a · Gross sales of assets other than inventory

  securities $7,264,705

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

  securities $7,658,870

• 7c · Gain or loss

  securities -$394,165

• 7d · Net gain or loss

  total -$394,165 · excluded -$394,165

• 8c · Net income from fundraising events

  total $0

• 9c · Net income from gaming

  total $0

• 10c · Net income from sales of inventory

  total $0

• 11a · Other revenue: Annual Dinner

  total $219,115 · excluded $219,115

• 11b · Other revenue: Other revenues

  total $2,286 · excluded $2,286

• 11e · Other revenue, total

  $221,401

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,457,035 · program services $1,457,035

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $0

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $0

• 8 · Pension plan contributions

  total $0

• 9 · Other employee benefits

  total $0

• 10 · Payroll taxes

  total $0

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $0

• 11c · Fees: accounting

  total $30,300 · management and general $30,300

• 11d · Fees: lobbying

  total $0

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $182,931 · management and general $182,931

• 11g · Fees: other

  total $9,650 · management and general $9,650

• 12 · Advertising and promotion

  total $0

• 13 · Office expenses

  total $0

• 14 · Information technology

  total $0

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $115,035 · program services $34,510 · management and general $69,021 · fundraising $11,504

• 17 · Travel

  total $9,960 · program services $1,494 · management and general $3,486 · fundraising $4,980

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $0

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $0

• 23 · Insurance

  total $0

• 24a · Other expenses: SBOT reimbursement for staff

  total $452,457 · program services $144,786 · management and general $180,983 · fundraising $126,688

• 24b · Other expenses: Annual dinner

  total $180,614 · program services $72,246 · management and general $90,307 · fundraising $18,061

• 24c · Other expenses: Events

  total $74,427 · program services $14,885 · management and general $22,328 · fundraising $37,214

• 24d · Other expenses: Software, equip rental, maint

  total $51,660 · program services $11,173 · management and general $29,793 · fundraising $10,694

• 24e · All other expenses

  total $118,280 · program services $13,192 · management and general $85,131 · fundraising $19,957

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $580,860 · end of year $664,046

• 2 · Savings and temporary cash investments

  beginning of year $4,626,363 · end of year $162,402

• 3 · Pledges and grants receivable

  end of year $0

• 4 · Accounts receivable

  end of year $0

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  end of year $0

• 8 · Inventories for sale or use

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $41,499 · end of year $32,625

• 10a · Land, buildings and equipment: cost or other basis

  $16,345

• 10b · Land, buildings and equipment: accumulated depreciation

  $16,345

• 10c · Land, buildings and equipment, net

  beginning of year $2,312 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $31,065,994 · end of year $33,920,788

• 12 · Investments: other securities

  end of year $0

• 13 · Investments: program-related

  end of year $0

• 14 · Intangible assets

  end of year $0

• 15 · Other assets

  beginning of year $63,704 · end of year $502,165

• 17 · Accounts payable and accrued expenses

  beginning of year $7,374 · end of year $22,517

• 19 · Deferred revenue

  beginning of year $217,923 · end of year $203,260

• 25 · Other liabilities

  beginning of year $90,374 · end of year $471,197

• 27 · Net assets without donor restrictions

  beginning of year $12,260,995 · end of year $12,201,096

• 28 · Net assets with donor restrictions

  beginning of year $23,804,066 · end of year $22,383,956

The filer's explanations (Part III)

Part II, Compensation from Unrelated Organizations

The Foundation's Executive Directors were employees of the State Bar of Texas.