Form 990 Return of Organization Exempt From Income Tax 0MBNo. 1545-0047 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung 004 benefit trust or private foundation) 2 Department of the Treasu ry • • • Internal Revenue Service Iiiiii, The organization may have to use a copy of this return to satisfy state reporting requirements. • A For the 2004 calendar ear or tax year beginning 7/1/2004 and ending 6/30/2005 Name of organization D Employer Iden B Check if applicable please C tification number ❑ Add ress change use IRS The John G. and Made Stella Kenedy Memo ri al Foundation 74-6040701 label or ❑ Name change print or Number and street (or P 0 box if mail is not delivered to street address ) Roon/sude E Telephone number F-1 Initial retu rn ryes'see 555 N. Carancahua 1700 361.887.6565 Specific ❑ Final retu rn City or town State or country ZIP + 4 F Accoun ti ng method : ❑ Cash JAccrual I nstruc- ❑ Amended retu rn tons. Co us Ch ri sti Texas 78478 ❑other (specify) ► ❑ Application pending • Section 501 (c)(3) organizations and 4947(a)(1) nonexempt charitable H and I are not applicable to section 527 organizations. trusts must attach a completed Schedule A (Form 990 or 990-EZ). H(a) Is this a group retu rn for affiliates? ❑ Yes ❑ No G Website : lo. www.kenedymuseum.org H(b) If'Yes ,' enter number of affiliates ► N/A _ H(c) Are all affiliates included? ❑ Yes ❑ No J Organization type (check only one) ► ❑501 (c) ( 3 ) 111111 (insert no ) ❑4947 (a)(1) or ❑527 (It'No,' attach a list See instructions.) K Check here ►❑ d the organization's gross receipts are normally not more than $25,000 The H(d) Is this a separate return filed by an o amzaton organization need not file a return with the IRS, but if the organization received a Form 990 Package in the covered by a g ro up ruling ? Yes ❑ No mail, it should file a return without financial data Some states require a complete return. I Group Exemption Number ► N/A M Check ►❑ d the organization is not required L Gross receipts: Add lines 6b, 8b, 9b, and 10b to line 12 ► 34,819,106, to attach Sch. B (Form 990, 990-EZ, or 990-PF). Revenue, Expenses, and Changes in Net Assets or Fund Balances (See page 18 of the instructions. 2 1 Contributions, gifts, grants , and similar amounts received: a Direct public suppo rt . 1a 0 b Indirect public suppo rt . 1b c Government contributions (grants) . 1c d Total (add lines Ia through 1c) (cash $ noncash $ ) 1d 0 :CZ 2 Program service revenue including government fees and contracts (from Part VII , line 93) 2 6,172 3 Membership dues and assessments . 3 0 C 4 Interest on savings and tempora ry cash investments . 4 63,650 5 Dividends and interest from securities . 5 9,697,145 2 6 a Gross rents 6a 2,965,143 2 b Less : rental expenses . - . = . ,._ 6b 856,645 c Net rental income or (loss) (subtract line 6b ; from line 6a), . 6c 2,108,498 m 7 Other investment income (describe ► iMineial Ro altie's r l tJ 7 4,698,736 8 a Gross amount from sales of assets other ,(A) $ecunt , Ol (B) Other a than invento ry . ... (. L' Lf 20,674-,672 8a =. 713,588 b Less : cost or other basis and sales expenses I__ ---16,584-r158 --8b •' 6,490 c Gain or (loss) (attach schedule) . 4-093,514 8c 707,098 d Net gain or (loss) (combine line 8c, columns� (A}and ( B)) . .... 8d 4,800,612 9 Special events and activities (attach schedule). If any amount is from gaming, check here ► ❑ a Gross revenue (not including $ 0 of contributions repo rted on line 1a) . 9a 0 b Less : direct expenses other than fundraising expenses . 9b 0 c Net income or (loss) from special events (subtract line 9b from line 9a) . 9c 0 10 a Gross sales of invento ry, less returns and allowances . 10a b Less : cost of goods sold . 10b c Gross profit or (loss ) from sales of invento ry (attach schedule) (subtract line 1Ob from line 1 Oa) . 10c 0 11 Other revenue (from Part VII, line 103) . 11 0 12 Total revenue (add lines 1d 2, 3, 4, 5, 6c, 7, 8d, 9c, 10c and 11) 12 17,374,813 13 Program services (from line 44, column (B)) . 13 9 , 548 469 14 Management and general (from line 44, column (C)) . 14 2,753,148 15 Fundraising (from line 44 , column ( D)) . 15 0 16 Payments to affiliates (attach schedule) . 16 0 17 Total expenses (add lines 16 and 44 , column (A)) . 17 12,301,617 18 Excess or (deficit) for the year (subtract line 17 from line 12) . 18 5,073,196 Is 19 Net assets or fund balances at beginning of year (from line 73 , column (A)) . 19 214,239,651 20 Other changes in net assets or fund balances (attach explanation) . 20 9,358,708 z 21 Net assets or fund balances at end of year (combine lines 18 , 19, and 20) 21 228 671,555 For Privacy Act and Paperwork Reduction Act Notice , see the separate instructions . Form 990 (2004) (HTA) Form 9b4 2004 The John G. and Marie Stella Kenedy Memorial Foundation 74-6040701 Page 2 UE� Statement of All organizations must complete column (A). Columns (B), (C), and (D) are required for section 501(c)(3) and (4) organizations Functional Expenses and section 4947(a)(1) nonexempt charitable trusts but optional for others. (See page 22 of the instructions.) Do not include amounts reported on line (B) Program (C) Management (A) Total (D) Fundraising 6b, 8b, 9b, 10b, or 16 of Part 1. services and general 22 Grants and allocations (attach schedule) . (cash $ 8,961,596 noncash $ 0 ) 22 8,961,596 8,961,596 ..as .';s ... • - ' v: 23 Specific assistance to individuals (attach schedule) 23 0 24 Benefits paid to or for members (attach schedule) . 24 0 " ' `�;awe 25 Compensation of officers, directors, etc. 25 472,830 16-11,49-9 311 331 26 Other salaries and wages . 26 406,794 146 862 2--5-919-32 27 Pension plan contributions . 27 56,633 17,676 38,957 28 Other employee benefits . 28 79,103 27,025 52,078 29 Payroll taxes . 29 42,329 15,266 27,063 30 Professional fundraising fees . 30 0 31 Accounting fees . 31 24,207 24,207 32 Legal fees . 32 983,983 983,983 33 Supplies . 33 26,892 12,049 14,843 34 Telephone . 34 8,713 2,942 5,771 35 Postage and shipping . 35 4,936 11633, 3.303 36 Occupancy . 36 101 000 28,261 72 739 37 Equipment rental and maintenance . 37 41,052 13,925 27:127 38 Printing and publications . 38 17,518 16,269 1,249 39 Travel . 39 8,440 4,220 4,220 40 Conferences, conventions, and meetings . 40 32,004 10,206 2-11798 41 Interest . 41 0 42 Depreciation, depletion, etc. (attach schedule) . 42 148,801 128,232 20,569 43 Other expenses not covered above (itemize): a Insurance ------ 43a 64,796 64,796 b Investment Management Fees 43b 655,541 655,541 c Other Professional Fees 43c 80,624 ----------------------------------------------------- 80,624 d Advalorem Taxes ___ _ _ _ _ _ _ 43d 80,813 ---------------------------------------------- 80,813 e .Dues and Subscriptions_____________________________ 43e 3,012 808 2,204 43f 0 f - ----- ------- -------- ------- - -------•--- 44 Total functional expenses (add lines 22 through 43). Organizations completing columns (B)-(D), carry these totals to lines 13-15 . 44 12,301 617 9,548,469 2,753,148 0 Joint Costs . Check ►LJif you are following SOP 98-2. Are any joint costs from a combined educational campaign and fundraising solicita tion reported in (B) Program services? ►[]Yes [X No If "Yes," enter (i) the aggregate amount of these joint costs $ 0 ; (11) the amount allocated to Program services $ Statement of Program Service Accomplishments (See page 25 of the instructions.) Program Service What is the organization's primary exempt purpose? ► Primarily supports Catholic_activities-in-Texas ------- oIic ------ ---------------- Expenses All organizations must describe their exempt purpose achievements in a clear and concise manner. State the number (Required for 501(c)(3) and (4) orgs, and 4947(a)(1) of clients served, publications issued, etc. Discuss achievements that are not measurable. (Section 501(c)(3) and (4) trusts, but optional for organizations and 4947(a)(1) nonexempt charitable trusts must also enter the amount of grants and allocations to othf a The Foundation makes all of its charitable distributions within the State of Texas and favors proorams which contribute to the following core values: breaking the cycle of po_v_erty� assisting help themselves ......... - -- - - --- --- ---- - people to -- nurturinA support_andlove for Catholic institutions, developing the Catholic faith, leaming,_spirituality, respect ----- and cooperative/ collaborative partnerships. (Grants and allocations $ b The Foundation 90% of its charitable distributions to Catholic activities, most of which are in the South -grants ----------------------------------------------------------------------- Texas area. To be eligible for aprant, it is the Foundation's practice that a sectarian organization must be listed -------------- - - in the Official Catholic Directory ._ A letter of recommendation from the Bishop of the Diocese in which the ------------- ---------------------------- ------------------ wt c Foundation. At least 10% of the Foundation's distri butions are made to nonsectarian, ___ ------------------------------------------------------------------------------------------Inon_religious) oroanizations: Countless ofpeople benefit. -numbers---------- ----------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- Grants and allocations $ 8,961,596) 9,343,316 d The Foundation has established a museum in the historic Company' building in the township ------------ Kenedy_Pasture .....