2026-03-10T18:44:25-05:00 2025-04-30 ERNST & YOUNG US LLP 425 HOUSTON ST STE 600 FORT WORTH TX 76102 990 2024-05-01 746334106 JOHN G KENEDY JR CHARITABLE TRUST - MINERAL ESTATE TRUST % FROST FINANCIAL MGMT GROUP JOHN 2102204436 PO BOX 2950 SAN ANTONIO TX 78299 SHARON SHIRLEY ADMINISTRATOR 2102204436 2026-03-10 true true Melva Scott P01207335 8173351900 2026-02-24 2024 2025-03-06 01:10:19Z SHARON SHIRLEY PO BOX 2950 SAN ANTONIO TX 78299 20207596 false X N/A X 1986 TX THIS TRUST WAS CREATED TO SUPPORT THE FIVE ORGANIZATIONS MENTIONED IN THE WILL OF ELENA S. KENEDY. SEE SCHEDULE O, PAGE 2 FOR FURTHER DETAIL. 1 0 0 0 0 0 0 0 0 7897914 5979154 2791072 2194704 10688986 8173858 7934752 7330146 0 0 670936 811577 0 0 0 935181 509440 9540869 8651163 1148117 -477305 159560755 159120905 0 0 159560755 159120905 X UNDER ITEM 16, SECTION 2 OF THE WILL OF ELENA S. KENEDY, THE TRUST WAS CREATED TO BENEFIT THE CATHOLIC DIOCESE OF CORPUS CHRISTI, CONVENT ACADEMY OF THE INCARNATE WORD, SPOHN HOSPITAL, OUR LADY OF THE LAKE UNIVERSITY, AND PAX CHRISTI INSTITUTE. THE PURPOSES INCLUDE RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL WITHIN SECTION 501(C)(3). false false 8170324 7330146 SUPPORT OF CHARITABLE ORGANIZATIONS NAMED IN THE ORGANIZING DOCUMENTS 8170324 true false false false false false false false false true true false false true false false false false false false true false false false false false false true false false false false false false false false false false false false false false false true false false false true 3 0 true 0 true true false false false false false false false false false false false false X 1 0 false false false false false false false true true false false true true true true true true false false false X FROST FINANCIAL MGMT GROUP 2102204436 P O BOX 2950 SAN ANTONIO TX 78299 FROST BANK TRUSTEE SHARON SHIRLEY, ADMINISTRATOR 40.0 0.0 X 1027988 0 0 1027988 0 0 1 false false false 0 0 0 4797910 4797910 0 2186206 2186206 0 0 0 13214983 12033738 1181245 1181244 1181244 0 0 0 0 0 0 0 0 0 OTHER RANCH INCOME 112900 8498 8498 8498 8173858 8173858 X 7330146 7330146 0 0 0 811577 811577 0 0 0 0 0 0 0 0 0 0 0 0 57202 28601 28601 0 0 0 216411 0 216411 0 0 0 0 0 104679 0 104679 0 0 0 0 0 0 0 0 0 PRODUCTION TAXES 20356 20356 AD VALOREM TAXES 71907 71907 RENTAL EXPENSES 389 389 REAL ESTATE FEES 150 150 38346 38346 8651163 8170324 480839 0 X 0 0 7569664 7106306 0 0 0 0 0 0 0 0 0 0 0 0 0 0 600 600 600 128135615 126852419 0 0 0 0 0 0 23854876 25161580 159560755 159120905 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 159560755 159120905 0 0 0 0 159560755 159120905 159560755 159120905 -477305 37455 X false false false X X 5 PAX CHRISTI INSTITUTE 742324894 1 true 1374402 0 OUR LADY OF THE LAKE UNIVERSITY 741109631 2 true 1374402 0 CONVENT ACADEMY OF THE INCARNATE WORD 742460683 2 true 1374402 0 DIOCESE OF CORPUS CHRISTI 741185667 1 true 1832538 0 SPOHN HOSPITAL 741109836 3 true 1374402 0 5 7330146 true false false false false false false false false false false false false false false true false true 52145 11775 0 6609941 6992613 6662086 7004388 0 911691 523408 0 5750395 6480980 168167458 183098935 7851582 7295750 15879086 15920220 191898126 206314905 0 0 191898126 206314905 2878472 3094724 189019654 203220181 6615688 7112706 0 6615688 7112706 5750395 4887836 6615688 6615688 0 6615688 7330146 0 840178 0 0 0 8170324 8170324 6615688 123.4992 6615688 0 0 0 0 0 6757783 6757783 0 6757783 0 0 8170324 0 0 8170324 0 0 8170324 0 0 0 0 8312419 FORM 990, SCHEDULE A, PART IV, SECTION D 2. THE ORGANIZATION MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATIONS BY PARTICIPATING IN REGULAR COMMUNICATIONS. THERE IS A STRONG WORKING RELATIONSHIP BETWEEN THE TRUSTEE AND AN OFFICER OF THE SUPPORTED ORGANIZATIONS. THE TRUSTEE IS RESPONSIVE TO THE NEEDS OF ALL THE SUPPORTED ORGANIZATIONS. FORM 990, SCHEDULE A, PART IV, SECTION D 3. THE SUPPORTED ORGANIZATIONS PARTICIPATE IN REGULAR COMMUNICATIONS WITH THE TRUSTEE OF THE ORGANZATION REGARDING THE SUPPORTED ORGANIZATION'S PROJECTED NEEDS. THE SUPPORTED ORGANIZATIONS ALSO PROVIDE SUGGESTIONS TO THE TRUSTEE REGARDING THE ORGANIZATION'S USE OF ASSETS, INCLUDING TIMING OF GRANTS AND MANNER OF MAKING GRANTS. IN ADDITION, THE TRUSTEE REGULARLY COMMUNICATES WITH THE SUPPORTED ORGANIZATIONS REGARDING INVESTMENTS, DISTRIBUTION PLANS, AND OTHER SIMILAR MATTERS. 159560755 8173857 7330146 1321018 159083448 158412638 10688984 7934752 1606115 159560755 156709366 11736156 7615444 2417440 158412638 150517567 16142301 7283452 2667050 156709366 150220545 8145469 5918599 1929848 150517567 1.00000 false false 600 600 600 MINERALS 2 OFFICE FURNITURE 18104 ALTERNATIVE INVESTMENTS 25143474 25161580 PART V, LINE 4 UNDER ITEM 16, SECTION 2 OF THE WILL OF ELENA S. KENEDY, THE TRUST WAS CREATED TO BENEFIT THE CATHOLIC DIOCESE OF CORPUS CHRISTI, CONVENT ACADEMY OF THE INCARNATE WORD, SPOHN HOSPITAL, OUR LADY OF THE LAKE UNIVERSITY, AND PAX CHRISTI INSTITUTE. THE PURPOSES INCLUDE RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL WITHIN SECTION 501(C)(3). Central America and the Caribbean Investments 782703 Europe (Including Iceland and Greenland) Investments 507481 North America Investments 228348 1518532 1518532 true false true true true false true PAX CHRISTI INSTITUTE 4601 CALALLEN DR CORPUS CHRISTI TX 78410 742324894 501(C)(3) 1374402 CHARITABLE OUR LADY OF THE LAKE UNIVERSITY 411 SW 24TH ST SAN ANTONIO TX 78285 741109631 501(C)(3) 1374402 CHARITABLE CONVENT ACADEMY OF THE INCARNATE WORD 2930 S ALAMEDA ST CORPUS CHRISTI TX 78404 742460683 501(C)(3) 1374402 CHARITABLE DIOCESE OF CORPUS CHRISTI PO BOX 2620 CORPUS CHRISTI TX 784032620 741185667 501(C)(3) 1832538 CHARITABLE SPOHN HOSPITAL PO BOX 3666 CORPUS CHRISTI TX 78404 741109836 501(C)(3) 1374402 CHARITABLE 5 Part I, Line 2 THE INCOME IS DISTRIBUTED AS FOLLOWS: PAX CHRISTI INSTITUTE 18.75% OUR LADY OF THE LAKE UNIVERSITY 18.75% CONVENT ACADEMY OF THE INCARNATE WORD 18.75% CATHOLIC DIOCESE OF CORPUS CHRISTI 25% SPOHN HOSPITAL 18.75% FORM 990, PART VI, SECTION B, LINE 11B YES, THE ADMINISTRATOR FOR THE TRUST REVIEWS AND SIGNS FORM 990 AS REQUIRED BY INTERNAL BANK POLICIES. FORM 990, PART VI, SECTION B, LINE 12C FROST BANK HAS WRITTEN CONFLICT OF INTEREST POLICIES THAT STATE ANY DECISION MADE MUST BE IN THE ACCOUNTS BEST INTEREST. BANK POLICY REQUIRES ALL OFFICERS AND DIRECTORS TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. NO TRANSACTION OF THIS NATURE WILL BE CONSUMMATED WITHOUT CONSULATION WITH COUNSEL AND THE PRIOR APPROVAL OF THE STATEWIDE TRUST INVESTMENT COMMITTEE OR THE TRUST ADMINISTRATIVE COMMITTEE. ANNUALLY EMPLOYEES ARE ASKED TO SIGN AN ATTESTATION CERTIFYING THEY ARE IN COMPLIANCE WITH THESE POLICIES. MONTHLY MONITORING OCCURS OF EMPLOYEE AND IMMEDIATE FAMILY BROKERAGE ACCOUNTS TO MONITOR FOR CONFLICT OF INTEREST. THE BANK INTERNAL POLICIES ARE REGULARLY AND CONSISTENTLY MONITORED FOR COMPLIANCE AND ENFORCEMENT BY INTERNAL AND EXTERNAL AUDITORS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF FORM 1023, TRUST GOVERNING DOCUMENTS, TAX RETURNS, AND FINANCIAL REPORTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. A COPY OF THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 24(E) FOREIGN TAXES $57,077 MICELLANEOUS EXPENSES $8,091 INTEREST EXPENSE FOR HPS SPECIALTY LOAN INTL FUND $15,747 -------- TOTAL: $80,915 FORM 990, PART VI, SECTION B, LINE 13,14, and 15 FROST BANK HAS A WRITTEN WHISTLEBLOWER POLICY AND A WRITTEN DOCUMENT RETENTION AND DESTRUCTIONS POLICY. COMPENSATION FOR THE TRUSTEE IS EITHER SET BY THE GOVERNING DOCUMENT OR REFLECT CHARGES THAT ARE NORMAL AND CUSTOMARY AS ESTABLISHED BY THE BANK FOR SIMILAR ACCOUNTS. PAX CHRISTI INSTITUTE 4601 CALALLEN DRIVE CORPUS CHRISTI TX 78410 742324894 RELIGION TX 501(C)(3) 1 NA false OUR LADY OF THE LAKE UNIVERSITY 411 SW 24TH STREET SAN ANTONIO TX 78285 741109631 EDUCATION TX 501(C)(3) 2 NA false CONVENT ACADEMY OF THE INCARNATE WORD 2930 S ALAMEDA STREET CORPUS CHRISTI TX 78404 742460683 RELIG./EDUC. TX 501(C)(3) 2 NA false DIOCESE OF CORPUS CHRISTI PO BOX 2620 CORPUS CHRISTI TX 78403 741185667 RELIGION TX 501(C)(3) 1 NA false SPOHN HOSPITAL PO BOX 3666 CORPUS CHRISTI TX 78404 741109836 HEALTHCARE TX 501(C)(3) 3 NA false false true false false false false false false false false false false false false false false false false false PAX CHRISTI INSTITUTE B 1374402 ACTUAL COST OUR LADY OF THE LAKE UNIVERSITY B 1374402 ACTUAL COST CONVENT ACADEMY OF THE INCARNATE WORD B 1374402 ACTUAL COST DIOCESE OF CORPUS CHRISTI B 1832537 ACTUAL COST SPOHN HOSPITAL B 1374402 ACTUAL COST