2023-09-18T13:57:47-05:00 2023-05-31 742606559 ADKF PC 9601 MCALLISTER FREEWAY SUITE 800 SAN ANTONIO TX 78216 990 2022-06-01 237039309 EMIL CE JURICA ENDOWMENT TRUST C/O ST MARYS UNIV-GREEHEY BUS SCHOOL EMIL 2104363712 ONE CAMINO SANTA MARIA BOX B SAN ANTONIO TX 78228 DELORES LENZY-JONES TRUSTEE 2104363712 2023-09-18 1 DELORES LENZY-JONES 999009999 0 THOMAS A AKIN P00832247 2108291300 2023-09-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DELORES LENZY-JONES ONE CAMINO SANTA MARIA BOX B SAN ANTONIO TX 78228 109761 0 X N/A X 1969 TX TO SUPPORT ST. MARY'S UNIVERSITY, GREEHEY SCHOOL OF BUSINESS. 3 3 0 0 0 0 0 0 0 0 532872 109761 0 0 532872 109761 99807 124269 0 0 0 0 0 0 0 53574 47302 153381 171571 379491 -61810 5233134 5160521 0 0 5233134 5160521 THE EMIL C. E. JURICA ENDOWMENT TRUST (THE TRUST) IS AN IRREVOCABLE TRUST CREATED BY THE LATE EMIL C. E. JURICA ON OCTOBER 10, 1969. THE TRUST PROVIDES SUPPLEMENTAL SALARIES FOR FULL-TIME PROFESSORS AT ST. MARY'S UNIVERSITY, GREEHEY SCHOOL OF BUSINESS AND ADMINISTRATION. 0 0 171571 124269 THE TRUST GIVES OUT GRANTS FOR SUPPLEMENTAL SALARIES FOR FULL TIME PROFESSORS IN THE SCHOOL OF BUSINESS AND ADMINISTRATION AT ST. MARY'S UNIVERSITY, SAN ANTONIO, TEXAS. 171571 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X X THE ORGANIZATION 2104363712 ONE CAMINO SANTA MARIA BOX B SAN ANTONIO TX 78228 X RAY BEREND DEC'D JUNE 2023 TRUSTEE 1.00 X X 0 0 0 DELORES LENZY-JONES TRUSTEE 1.00 X X 0 0 0 FR RICHARD VILLA TRUSTEE 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 109761 109761 109761 0 0 109761 124269 124269 7000 7000 33744 33744 6558 6558 171571 171571 0 0 5233134 5160521 5233134 5160521 0 0 X 1733134 1660521 3500000 3500000 5233134 5160521 5233134 5160521 -61810 -10803 0 X X 0 1 X 1 0 X X 1 ST MARY'S UNIVERSITY 741143128 2 1 124269 0 1 124269 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 X FORM 990, SCHEDULE A, PART IV, SECTION D, LINES 2 & 3 EMIL C. E. JURICA ENDOWMENT TRUST WAS CREATED ON OCTOBER 10, 1969 TO PROVIDE SUPPLEMENTAL SALARIES FOR FULL-TIME TEACHERS HOLDING THE ACADEMIC RANK OF FULL PROFESSOR IN THE SCHOOL OF BUSINESS ADMINISTRATION AT ST. MARY'S UNIVERSITY. ON APRIL 16, 2019, ST. MARY'S UNIVERSITY, AS PETITIONER, FILED A PETITION FOR MODIFICATION (TO THE TRUST INDENTURE) WITH THE PROBATE COURT IN BEXAR COUNTY, TEXAS (THE COURT) REQUESTING CERTAIN CHANGES TO MORE CLOSELY ALIGN THE INDENTURE WITH MODERN PRACTICES. THE PETITION FOR MODIFICATION WAS APPROVED BY THE COURT ON OCTOBER 24, 2019, AND AMONG OTHER THINGS, CHANGED THE INDIVIDUALS ELIGIBLE FOR A SALARY SUPPLEMENTATION TO EXPAND TO INCLUDE VISITING PROFESSORS WHO HAVE OBTAINED THE RANK OF FULL PROFESSOR WHERE SHE OR HE NORMALLY RESIDES PRIOR TO BECOMING A VISITING PROFESSOR OF ST. MARY'S UNIVERSITY. UPON DEATH, INCAPACITY, OR REFUSAL TO SERVE OF ANY OF THE TRUSTEES, THE REMAINING TRUSTEE OR TRUSTEES SHALL IN THEIR SOLE AND ABSOLUTE DISCRETION SELECT A SUITABLE PERSON TO FILL THE VACANCY THUS CREATED, AND IF THE TRUSTEE TO BE REPLACED IS A MEMBER OF THE SOCIETY OF MARY, PROVINCE OF ST. LOUIS, OR ANY SUBSEQUENT PROVINCE OF SAID SOCIETY OF MARY WHICH WOULD INCORPORATE INTO ITS PROVINCE THE BENEFICIARY HEREUNDER, THEN SUCH NEW TRUSTEE SELECTED TO FILL SUCH VACANCY MUST BE A MEMBER OF THE SOCIETY OF MARY AND OF SAID PROVINCE, IN GOOD STANDING, AND EITHER A FACULTY MEMBER OR ADMINISTRATOR OF ST. MARY'S UNIVERSITY OF SAN ANTONIO, TEXAS, RESIDENT IN AND AT SAID UNIVERSITY, TO FILL THE VACANCY OR VACANCIES THUS CREATED. FORM 990, SCHEDULE A, PART IV, SECTION D, LINES 2 & 3 THE TRUSTEES SHALL HAVE AN ANNUAL AUDIT MADE OF THE TRUST BY A CERTIFIED PUBLIC ACCOUNTANT AND DEPOSIT A DUPLICATE ORIGINAL COPY THEREOF WITH THE BENEFICIARY OF THE TRUST. THE DEAN OF ST. MARY'S UNIVERSITY GREEHEY SCHOOL OF BUSINESS RECOMMENDS THE DISTRIBUTIONS TO THE PROFESSORS TO EMIL C. E. JURICA ENDOWMENT TRUST AND THE TRUSTEES VOTE AND APPROVE THE DISTRIBUTIONS. EMIL C. E. JURICA ENDOWMENT TRUST SATISFIED THE INTEGRAL PART TEST AS A QUALIFYING TRUST ON NOVEMBER 20, 1970 BASED ON THE FOLLOWING CRITERIA: 1. THE UNEXPIRED INTERESTS IN THE TRUST ARE DEVOTED TO ONE PURPOSE. 2. THE TRUST WAS CREATED ON OCTOBER 1, 1969 (PRIOR TO NOVEMBER 20, 1970) AND DID NOT RECEIVE ANY GRANT, CONTRIBUTION, BEQUEST OR OTHER TRANSFER ON OR AFTER ITS DATE OF INCEPTION. 3. THE TRUST IS REQUIRED BY ITS GOVERNING INSTRUMENT TO DISTRIBUTE ITS NET INCOME CURRENTLY TO ST. MARY'S UNIVERSITY, THE DESIGNATED BENEFICIARY SUPPORTED ORGANIZATION. 4. THE TRUSTEES OF THIS TRUST DO NOT HAVE DISCRETION TO VARY THE BENEFICIARY SUPPORTED BY THIS ORGANIZATION. 5. NONE OF THE TRUSTEES ARE DISQUALIFIED PERSONS WITHIN THE MEANING OF SECTION 4946(A) WITH RESPECT TO THE TRUST. 5233134 98958 124269 47302 5160521 5747266 -287776 172782 53574 5233134 4821463 1046548 72975 47770 5747266 4891860 120545 145950 44992 4821463 5003373 79777 145950 45340 4891860 0 0 0 65214 -10803 -10803 76017 33744 33744 109761 137827 0 137827 33744 33744 171571 FORM 990, SCHEDULE D, PART V, LINE 4 TO PROVIDE SUPPLEMENTAL SALARIES FOR FULL-TIME PROFESSORS AT ST. MARY'S UNVIERSITY, GREEHEY SCHOOL OF BUSINESS, HOLDING THE ACADEMIC RANK OF FULL PROFESSOR, WHO HAVE DISTINGUISHED THEMSELVES IN THEIR FIELD, PURSUANT TO THE TERMS AND CONDITIONS SET FORTH IN THE EMIL C.E. JURICA ENDOWMENT TRUST INDENTURE. FORM 990, SCHEDULE D, PART X, LINE 2 THE TRUST IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE INTERNAL REVENUE CODE SECTION 501 (C) (3). THE TRUST DOES NOT HAVE ANY INCOME UNRELATED TO ITS EXEMPT PURPOSE THAT IS SUBJECT TO FEDERAL INCOME TAX. THE TRUSTEES BELIEVE THE TRUST HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, WILL NOT RECOGNIZE ANY RELATED LIABILITY. THE 4 PRIOR TAX YEARS REMAIN OPEN TO EXAMINATION. 0 ST MARY'S UNIVERSITY ONE CAMINO SANTA MARIA SAN ANTONIO TX 78228 741143128 501(C)(3) 124269 0 SUPPLEMENT SALARIES FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL TAX RETURN ON FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT PUBLIC ACCOUNTING FIRM AND REVIEWED AND APPROVED BY THE TRUSTEE'S BEFORE SIGNING AND FILING WITH THE DEPARTMENT OF TREASURY. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED AT THE TRUSTEES MEETING AND ANY POTENTIAL CONFLICTS ARE DISCUSSED. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 WAS REVIEWED BY THE TRUSTEES AT A MEETING PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE TRUST'S GOVERNING DOCUMENTS AND RELATED POLICIES AND PROCEDURES ARE AVAILABLE THROUGH WRITTEN REQUEST TO ITS ADMINISTRATIVE OFFICES. FORM 990, PART XII, LINE 2C: THERE HAVE NOT BEEN ANY CHANGES TO THE OVERSIGHT PROCESS OF THE AUDIT FROM THE PRIOR YEAR.