Elizabeth Sullivan Clem Trust, Bobbitt Robert L Jr & Richard F in San Antonio, Texas (TX)

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Elizabeth Sullivan Clem Trust, Bobbitt Robert L Jr & Richard F
Employer Identification Number (EIN)741688803
Name of OrganizationElizabeth Sullivan Clem Trust
Secondary NameBobbitt Robert L Jr & Richard F
In Care of NameRobert Lee Bobbitt Jr
Address8700 Crownhill Blvd Ste 200, San Antonio, TX 78209-1126
SubsectionCharitable Organization
Ruling Date01/2000
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$4,622,538
Amount of Income$1,215,741
Form 990 Revenue Amount$963,409
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations


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Amount of income in 2012: $1,215,741 (it was $1,200,064 in 2011)
Elizabeth Sullivan Clem Trust, Bobbitt Robert L Jr & Richard F: 

 $1,215,741
Other organizations performing similar types of work: 

 $97,434

Assets in 2012: $4,622,538 (it was $4,494,896 in 2011)
This organization: 

 $4,622,538
Other organizations performing similar types of work: 

 $303,611

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$939,783
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$86,901
Income from investment of tax-exempt bond proceeds$0
Royalties$838,041
Net rental income$0
Net gain from sales of assets other than inventory$14,841
Gross amount from sales of assets other than inventory (Securities / Other)$275,122 / $0
Less: cost or other basis and sales expenses (Securities / Other)$260,281 / $0
Gain or (loss) (Securities / Other)$14,841 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$556,175
Compensation of current officers, directors, trustees, and key employees$60,000
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$496,175
Balance Sheet (for 2011)
Total assets$4,494,896
Total liabilities$0
Total net assets or fund balances$4,494,896
Retained earnings, endowment, accumulated income, or other funds$4,494,896
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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7Barbara Bush Texas Fund For Family Literacy600 Travis, Houston, TX 77002-3009TX1997-11$2,642,751
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14The Michael And Susan Dell FoundationPO BOX 163867, Austin, TX 78716-3867TX2000-09$157,142,816
15Mulva Family Foundation11603 Versailles Lakes Ln, Houston, TX 77082-6843TX2005-09$92,927,701
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17M D Anderson FoundationPO BOX 2558, Houston, TX 77252-2558TX2002-10$40,379,625
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Number of organizations performing similar types of work
Alaska25
Alabama192
Arkansas70
Arizona288
California2,416
Colorado378
Connecticut382
District of Columbia106
Delaware539
Florida1,396
Georgia456
Hawaii80
Iowa165
Idaho53
Illinois1,024
Indiana284
Kansas148
Kentucky156
Louisiana146
Massachusetts669
Maryland401
Maine82
Michigan596
Minnesota362
Missouri307
Mississippi62
Montana62
North Carolina519
North Dakota20
Nebraska159
New Hampshire72
New Jersey843
New Mexico87
Nevada190
New York2,482
Ohio691
Oklahoma217
Oregon198
Pennsylvania1,160
Rhode Island172
South Carolina161
South Dakota27
Tennessee240
Texas1,146
Utah259
Virginia453
Vermont52
Washington359
Wisconsin355
West Virginia66
Wyoming57
International34
Total20,864

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