2024-11-15T14:45:25-08:00 2023-12-31 830441671 IRWINE PRUITT ASSOCIATES PLLC 10 Hill View Lane BOERNE TX 78006 990 2023-01-01 710932352 Weston Ranch Foundation WEST 2102247003 1000 West Court Street Seguin TX 78155 Andrew Nelson Treasurer 2024-11-15 true true Ty Pruitt CPA P00618830 2107752370 2023 2024-10-15 13:58:12Z 1000 West Court Street Seguin TX 78155 2542556 false X www.westonranchfoundation.org X 2004 TX Supporting Organization for Texas Lutheran University 7 7 0 0 2240000 0 55816 103802 73094 185748 128910 2529550 90801 80000 0 0 0 0 89461 222226 180262 302226 -51352 2227324 30550554 33084564 22617 8552 30527937 33076012 Supporting Organization for Texas Lutheran University false false 282477 80000 185748 Established protected land for use by Texas Lutheran University and other qualified non-profit organizations. 282477 true true false false false false false false false false true false false false true false false false false false false false false false false false false true false false false false false false false false false false true false false false false true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 7 7 true false false false false false false true true false false false false false false false false false X James E Irwine CPA 2107752370 112 E Pecan Street 175 San Antonio TX 78205 X Graham Weston Director 1.00 0.00 X 0 0 0 Gregg Weston Director 1.00 0.00 X 0 0 0 Galvin Weston Director 1.00 0.00 X 0 0 0 Dr Debbie Cottrell President 1.00 0.00 X X 0 0 0 Edie Richardson Secretary 1.00 0.00 X X 0 0 0 Wes Peoples Director 1.00 0.00 X 0 0 0 Andrew Nelson Treasurer 1.00 0.00 X X 0 0 0 0 false false false 0 2240000 2240000 2240000 0 102408 102408 0 0 195855 10107 185748 185748 185748 4293 2899 1394 1394 1394 0 0 0 0 2529550 185748 103802 X 80000 80000 0 0 0 0 0 0 0 0 0 0 2765 2765 0 0 0 0 87313 87313 0 7122 7122 0 0 0 0 0 0 0 0 0 821 821 Ranch Operating Costs 48303 48303 Property Tax 32779 32779 Landscaping 24195 24195 Federal Taxes 11000 11000 7928 7928 302226 282477 19749 0 0 1749048 158758 0 500 0 0 0 0 0 0 28635091 26395091 28635091 2405915 4290715 0 0 0 0 30550554 33084564 22617 8552 22617 8552 X 30527937 33076012 30527937 33076012 30550554 33084564 2227324 320751 X false false false X X 1 Texas Lutheran University 741109748 2 true 80000 0 1 80000 0 true false false false false false false false false false false false false false false true false Part IV, Section D, Line 3: Role The Organization's Supported Orgs. Played The Foundation's investment assets are managed by a third party investment advisor. Years ago the investment advisor was selected by the past University President and past CFO as well as the other board members of the Foundation. Current asset allocations, investment returns and expenses are reviewed by the past and current University Presidents and current CFO along with other board members during board meetings. The current University President & CFO and the past University President, who still resides on the Board, along with other board members make any inquiries until satisfied and provide feedback to the advisor. Foundation ranch land used by the University is discussed and the benefits received by University are presented by the Professors in the Biology Sciences department of the University and the participating students. Additionally, Foundation ranch land conservation, agricultural, wildlife or other activities are discussed. In regard to significant expenses such as financial support to the University, a methodology was established that is still used today. The methodology was developed with direct guidance from the past University President who still resides on the board, to calculate the level of support provided by the Foundation to the University. At least annually, the current University President & CFO, the past University President and the remaining board of directors assesses the established support calculation methodology. The annual support amount calculated is presented to the board for consideration. After review by the University's past and current Presidents, its current CFO and other members of the board, if appropriate,the Foundation's board then votes to approve the support payment to the University. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28635091 28635091 28635091 Other Current Liabilities 5402 Security Deposits 3150 8552 true Texas Lutheran University 1000 West Court Street Sequin TX 78155 741109748 80000 0 Education 1 0 Grantmaker's Description of How Grants are Used Officers and directors discuss the organizations needs and dispositions of funds at least annually. X 1 2240000 Appraisal false false false Form 990, Part VI, Section A, Line 2 Graham Weston - Director (Brother of Gregg and Galvin)Gregg Weston - Director (Brother of Graham and Galvin)Galvin Weston - Director (Brother of Graham and Gregg) Form 990, Part VI, Section B, Line 11b The filed Form 990 is approved before filing and reviewed at a board of director's meeting of the Foundation after the filing due date. Form 990, Part VI, Section B, Line 12c Although there currently is not formal written adopted conflict of interest policy, members of the board of director's disclose possible conflicts and exclude themselves from any discussions and abstain from any voting that may be perceived to have any appearance of conflict. Form 990, Part VI, Section C, Line 19 Governing documents and policies as well as annual financial statements are available upon request. Texas Lutheran University 1000 West Court Street Seguin TX 78155 741109748 Education TX 501(c)(3) 2 N/A false false false false false false false false false false false false false false false false false false false false