SHRAMAN SOUTH ASIAN MUSEUM AND LEARNING CENTER FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SHRAMAN SOUTH ASIAN MUSEUM AND LEARNING CENTER FOUNDATION (EIN 46-0715559)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-06-03
- IRS object ID
- 202431559349100308
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-06-03T09:53:02-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Forvis Mazars LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14241 DALLAS PARKWAY STE 1100 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75254 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460715559 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Shraman Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % VINAY JAIN | InCareOfNm |
| Business Name Control | SHRA | BusinessNameControlTxt |
| Phone | 2142078003 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 W Plano Parkway | AddressLine1Txt |
| City | Plano | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75075 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VINAY JAIN | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 2145930506 | PhoneNum |
| Signature | 2024-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | VINAY | PersonFirstNm |
| Person Last | JAIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Noelle Alberto | PreparerPersonNm |
| PTIN | P01704142 | PTIN |
| Phone | 9727028262 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $567,696,999 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $3,575,755 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,575,755 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $3,575,755 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$190,343 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,517,524 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,385,412 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,575,755 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $3,575,755 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $2,750 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,116 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,650 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $7,650 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $11,063 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $182,090 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $182,090 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $182,090 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $208,533 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $270,491 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $620 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $620 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $65,081 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,113 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $3,113 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $62,015 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $477,787 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $185,203 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $185,203 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $345,892 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $490,923 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $490,923 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $968,710 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $185,203 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $185,203 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $836,815 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,416,702 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,390,552 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,390,552 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $150,077 | CashBOYAmt |
| Cash EOY | $189,422 | CashEOYAmt |
| Cash EOYFMV | $189,422 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $17,127,606 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $625,249 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $625,249 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $751,669 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $775,275 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $775,275 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $36,496,501 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $31,689,868 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $31,689,868 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $7,245,288 | CorporateStockBOYAmt |
| Corporate Stock EOY | $30,619,171 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $30,619,171 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $26,792,758 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $33,503,214 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $33,503,214 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $7,283,602 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $728,360 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $6,737,332 | LandBOYAmt |
| Land EOY | $6,555,242 | LandEOYAmt |
| Land EOYFMV | $6,555,242 | LandEOYFMVAmt |
| Other Assets BOY | $463,739,558 | OtherAssetsBOYAmt |
| Other Assets EOY | $463,739,558 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $463,739,558 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $559,040,789 | TotalAssetsBOYAmt |
| Total Assets EOY | $567,696,999 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $567,696,999 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $64,588 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $13,437 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $64,588 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,437 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $558,976,201 | RetainedEarningBOYAmt |
| Retained Earning EOY | $567,683,562 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $558,976,201 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $567,683,562 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $559,040,789 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $567,696,999 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $558,976,201 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,416,702 | ExcessRevenueOverExpensesAmt |
| Other Increases | $6,290,659 | OtherIncreasesAmt |
| Subtotal | $567,683,562 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $567,683,562 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| FIDELITY - SHORT TERM | 2023-01-01 | 2023-11-29 | $85,217 | $90,860 | -$5,643 | -$5,643 | |
| FIDELITY - LONG TERM | 2023-01-01 | 2023-11-29 | $3,422,530 | $3,617,007 | -$194,477 | -$194,477 | |
| CAPITAL GAIN DIVIDENDS | $9,777 | P | |||||
| CAPITAL GAIN DIVIDENDS | $9,777 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$190,343 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$5,643 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $47,129 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $47,129 | SubtotalAmt |
| Tax Based On Investment Income | $47,129 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $53,682 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $53,682 | TotalPaymentsAndCreditsAmt |
| Overpayment | $6,553 | OverpaymentAmt |
| Applied To ES Tax | $6,553 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.shraman.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VINAY JAIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2142078003 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10710 INWOOD RD | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75229 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| VINAY K JAIN | ||||||||
| 2700 W Plano Parkway | Plano | TX | 75075 | PRESIDENT/DIRECTOR | 5.0 | $0 | $0 | $0 |
| KANIKA V JAIN | ||||||||
| 2700 W Plano Parkway | Plano | TX | 75075 | VICE PRES/SECRETARY/DIRECTOR | 5.0 | $0 | $0 | $0 |
| Greg Fisher | ||||||||
| 2700 W Plano Parkway | Plano | TX | 75075 | Treasurer | 5.0 | $0 | $0 | $0 |
| Nikhil Jain | ||||||||
| 2700 W Plano Parkway | Plano | TX | 75075 | Director | 1.0 | $0 | $0 | $0 |
| Trishla Jain | ||||||||
| 2700 W Plano Parkway | Plano | TX | 75075 | Director | 1.0 | $0 | $0 | $0 |
| Meghna Jain | ||||||||
| 2700 W Plano Parkway | Plano | TX | 75075 | Director | 1.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION IS ESTABLISHING A MUSEUM AND LEARNING CENTER IN DALLAS, WHICH WILL PRESERVE AND INTERPRET THE CULTURAL HERITAGE OF SOUTH ASIA, INCLUDING JAIN RELIGION AND ART. | Description1Txt |
| Expenses1 | $836,815 | Expenses1Amt |
| Description2 | SHRAMAN LIFE SCIENCE FOUNDATION PLANS TO DEVELOP DRUGS FOR CANCER, GENETIC DISORDERS, INFECTIOUS DISEASES, & AUTOIMMUNE DISEASES, ALL OF WHICH ARE SIGNIFICANTLY UNDER APPRECIATED | Description2Txt |
| Description3 | AND UNDER TREATED IN THE DEVELOPING WORLD. THIS WILL INCLUDE POTENTIAL DISCOVERY & IN-LICENSING, AS WELL AS DEVELOPING, RESEARCHING, MANUFACTURING, AND DISTRIBUTING SUCH MEDICATION | Description3Txt |
| Description4 | TO PATIENTS IN NEED. THE FOUNDATION MAY ALSO PARTNER WITH OTHER BIO-PHARMA COMPANIES TO HELP CO-DEVELOP NOVEL MEDICATIONS FOR SUCH USES. SEE ATTACHMENT | Description4Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $86,006,719 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,894,016 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $91,900,735 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $91,900,735 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,378,511 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $90,522,224 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,526,111 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $836,815 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $836,815 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2012-11-19 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,390,552 | CurrentYearAmt |
| Year1 | $2,612,772 | Year1Amt |
| Year2 | $2,419,944 | Year2Amt |
| Year3 | $2,171,879 | Year3Amt |
| Total | $10,595,147 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,881,969 | CurrentYearAmt |
| Year1 | $2,220,856 | Year1Amt |
| Year2 | $2,056,952 | Year2Amt |
| Year3 | $1,846,097 | Year3Amt |
| Total | $9,005,874 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $836,815 | CurrentYearAmt |
| Year1 | $296,181 | Year1Amt |
| Year2 | $8,168,672 | Year2Amt |
| Year3 | $350,809 | Year3Amt |
| Total | $9,652,477 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $836,815 | CurrentYearAmt |
| Year1 | $296,181 | Year1Amt |
| Year2 | $8,168,672 | Year2Amt |
| Year3 | $350,809 | Year3Amt |
| Total | $9,652,477 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $567,696,999 | CurrentYearAmt |
| Year1 | $559,040,789 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $1,126,737,788 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $471,023,160 | CurrentYearAmt |
| Year1 | $471,023,160 | Year1Amt |
| Total | $942,046,320 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year2 | $3,721,098 | Year2Amt |
| Year3 | $3,679,033 | Year3Amt |
| Total | $7,400,131 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | VINAY K JAIN | ContributingManagerNm |
| Contributing Manager | KANIKA V JAIN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See Attached Schedule | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 W Plano Parkway | AddressLine1Txt |
| City | Plano | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75075 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | UNRELATED | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Attachment | GrantOrContributionPurposeTxt |
| Amt | $490,923 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $490,923 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See Attached Schedule | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 W Plano Parkway | AddressLine1Txt |
| City | Plano | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75075 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | Unrelated | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Attached Schedule | GrantOrContributionPurposeTxt |
| Amt | $0 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $435,967 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,575,755 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$190,343 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,385,412 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,385,412 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $7,650 | Amt |
| Disbursements Charitable Prps | $7,650 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 2700 PLANO | PropertyDesc |
| Acquired | 2020-01-02 | AcquiredDt |
| Cost Or Other Basis | $7,283,602 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $546,270 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 40 | LifeRt |
| Current Year Expense | $182,090 | CurrentYearExpenseAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (34 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CITIGROUP INC PERPETUAL | $885,320 | $885,320 |
| WELLS FARGO & CO MTN | $0 | $0 |
| CITIGROUP INC NOTE | $251,138 | $251,138 |
| BANK AMER CORP MTN | $245,763 | $245,763 |
| CITIGROUP INC NOTE B | $740,348 | $740,348 |
| GOLDMAN SACHS GROUP INCE NOTE | $490,770 | $490,770 |
| BK OF AMERICA CORP MTN | $1,730,733 | $1,730,733 |
| CITIGROUP INC NOTE C | $0 | $0 |
| JPMORGAN CHASE NOTE | $245,050 | $245,050 |
| AMERICAN INTL GROUP INC NOTE | $461,730 | $461,730 |
| GOLDMANS SACHS GROUP NOTE B | $550,370 | $550,370 |
| BERKSHIRE HATHAWAY FIN CORP | $965,940 | $965,940 |
| 3M CO MTN CALL MAKE WHOLE | $815,080 | $815,080 |
| MICROSOFT CORP NOTE CALL | $1,785,420 | $1,785,420 |
| ABBVIE INC NOTE CALL | $2,854,740 | $2,854,740 |
| ORACLE CORP NOTE CALL | $815,720 | $815,720 |
| EXXON MOBILE CORP NOTE CALL | $1,782,620 | $1,782,620 |
| JOHNS HOPKINS HEALTH SYS CORP | $423,805 | $423,805 |
| J&J NOTE CALL | $1,759,440 | $1,759,440 |
| APPLE INC NOTE CALL | $1,707,120 | $1,707,120 |
| JPMORGAN CHASE NOTE CALL | $1,766,740 | $1,766,740 |
| JPMORGAN CHASE NOTE MAKE WHOLE | $1,657,740 | $1,657,740 |
| PFIZER NOTE CALL | $1,749,360 | $1,749,360 |
| INTERNATIONAL BUS MACHS | $875,100 | $875,100 |
| 3M CO NOTE CALL MAKE | $1,450,200 | $1,450,200 |
| INTEL CORP NOTE MAKE WHOLE | $743,460 | $743,460 |
| METHODIST HOSP HOUSTON | $658,360 | $658,360 |
| NORTHWESTERN UNIV BOND | $737,590 | $737,590 |
| PRESIDENT & FELLOW HARVARD COL | $254,047 | $254,047 |
| SUTTER HEALTH SER | $811,746 | $811,746 |
| MASS INST TECH MTN BE | $749,070 | $749,070 |
| DUKE UNIVERSITY SER | $2,039,250 | $2,039,250 |
| JOHNS HOPKINS UNIV NOTE CALL | $1,474,905 | $1,474,905 |
| ACCRUED INTEREST | $24,539 | $24,539 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD TOTAL STOCK ETF | $30,619,171 | $30,619,171 |
| VANGUARD BALANCE INDEX-ADM | $0 | $0 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $10,403,750 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $10,403,750 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $21,286,118 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $21,286,118 | StateLocalSecEOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | 2700 PLANO | CategoryOrItemTxt |
| Cost Or Other Basis | $7,283,602 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $728,360 | AccumulatedDepreciationAmt |
| Book Value | $6,555,242 | BookValueAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $2,750 | LegalFeesAmt |
| Disbursements Charitable Prps | $5,116 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| TEXTUAL COLLECTION | $14,993 | $14,993 | $14,993 |
| ART & ANTIQUITIES COLLECTION | $112,525 | $112,525 | $112,525 |
| TRIMER BIOTECH LLC | $184,419,410 | $184,419,410 | $184,419,410 |
| MENTRIK BIOTECH LLC | $279,192,630 | $279,192,630 | $279,192,630 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK FEES | $181 | $181 | $181 | |
| MEMBERSHIPS & SUBSCRIPTIONS | $1,871 | $1,871 | $1,871 | |
| INFORMATION TECHNOLOGY | $889 | $889 | $889 | |
| SAMPLE STORAGE | $61,968 | $62,015 | ||
| OFFICE EXPENSE | $172 | $172 | $172 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $6,290,659 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $11,063 | Amt |