HARKEY FAMILY FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: HARKEY FAMILY FOUNDATION INC (EIN 90-0796600)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-01
IRS object ID: 202443069349101314
Schema version: 2023v5.1
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
Investments Corp Stock Schedule
Investments Other Schedule2
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-01T12:31:30-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	392070038	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RHAME & PERNA PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	14180 DALLAS PKWY	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	900796600	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HARKEY FAMILY FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	HARK	BusinessNameControlTxt
Phone	9728888199	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	12200 N STEMMONS FWY SUITE 100	AddressLine1Txt
City	DALLAS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	75234	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOHN D HARKEY JR	PersonNm
Person Title	V P & TREASURER	PersonTitleTxt
Phone	9728888199	PhoneNum
Signature	2024-10-31	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DAVID A PERNA	PreparerPersonNm
PTIN	P00162455	PTIN
Phone	9728515900	PhoneNum

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$11,475,759	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$43,265	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$43,265	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$77,154	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$77,154	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$191,607	NetGainSaleAstRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$138,193	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$138,193	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$67,005	TotalRevAndExpnssAmt
Total Net Invst Incm	$258,612	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$5,640	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$5,076	AccountingFeesChrtblPrpsAmt
Interest Rev And Expnss	$27,929	InterestRevAndExpnssAmt
Interest Net Invst Incm	$23,625	InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl	$0	InterestDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$42,565	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$42,565	DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss	$341,389	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$61,303	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$191	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$417,523	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$127,493	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$5,267	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,174,726	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,174,726	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,592,249	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$127,493	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$1,179,993	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,525,244	ExcessRevenueOverExpensesAmt
Net Investment Income	$131,119	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$602,287	CashBOYAmt
Cash EOY	$239,058	CashEOYAmt
Cash EOYFMV	$239,058	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$2,505	SavAndTempCashInvstBOYAmt
Prepaid Expenses BOY	$3,720	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$8,495	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$8,495	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$2,444,566	CorporateStockBOYAmt
Corporate Stock EOY	$2,444,566	CorporateStockEOYAmt
Corporate Stock EOYFMV	$2,755,749	CorporateStockEOYFMVAmt
Other Investments BOY	$5,074,213	OtherInvestmentsBOYAmt
Other Investments EOY	$3,909,568	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$8,472,457	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$8,127,291	TotalAssetsBOYAmt
Total Assets EOY	$6,601,687	TotalAssetsEOYAmt
Total Assets EOYFMV	$11,475,759	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$8,127,291	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$6,601,687	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$8,127,291	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$6,601,687	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$8,127,291	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$6,601,687	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$8,127,291	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,525,244	ExcessRevenueOverExpensesAmt
Other Increases	$2,365	OtherIncreasesAmt
Subtotal	$6,604,412	SubtotalAmt
Other Decreases	$2,725	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$6,601,687	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	SoldSoldDt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
ENERGY TRANSFER - L-T CAPITAL LOSS	P	2023-12-31	$60,352	-$60,352	-$60,352
ENERGY TRANSFER - SEC. 1231 LOSS	P	2023-12-31	$265	-$265	-$265
BIOS SPECIAL OPPORTUNITY FUND - S-T CAPITAL LOSS	P		$28,324	-$28,324	-$28,324
BIOS SPECIAL OPPORTUNITY FUND - L-T CAPITAL LOSS	P		$102,666	-$102,666	-$102,666

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$191,607	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1,823	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$1,823	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$1,823	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$3,720	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$3,720	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$1,897	OverpaymentAmt
Applied To ES Tax	$1,897	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	TX	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	JOHN D HARKEY JR FOUNDING DIREC	IndividualWithBooksNm
Phone	9728888199	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	12200 STEMMONS FWY SUITE 100	AddressLine1Txt
City	DALLAS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	75234	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	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
JOHN D HARKEY FOUNDING DIRECTOR
14 CANYON CREEK	BROWNWOOD	TX	76801	PRESIDENT	0.00	$0	$0	$0
LUCY L HARKEY FOUNDING DIRECTOR
14 CANYON CREEK	BROWNWOOD	TX	76801	SECRETARY	0.00	$0	$0	$0
JOHN D HARKEY FOUNDING DIRECTOR JR
12200 STEMMONS FWY SUITE 100	DALLAS	TX	75234	V P AND TREASURER	0.00	$0	$0	$0
PENI BARFIELD OUTSIDE DIRECTOR
12200 STEMMONS FWY SUITE 100	DALLAS	TX	75234	DIRECTOR	0.00	$0	$0	$0
MICHAEL D GINSBERG OUTSIDE DIRECTOR
917 WEST LYNN	AUSTIN	TX	78703	DIRECTOR	0.00	$0	$0	$0
JDH LIFE SCIENCES INC
12200 STEMMONS FWY SUITE 100	DALLAS	TX	75234	(J.D. HARKEY, JR., PRESIDENT)	0.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$2,296,153	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$897,976	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$8,182,765	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$11,376,894	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$11,376,894	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$170,653	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$11,206,241	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$560,312	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$560,312	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1,823	TaxBasedOnInvestmentIncomeAmt
Income Tax	$714	IncomeTaxAmt
Total Tax	$2,537	TotalTaxAmt
Distributable Before Adj	$557,775	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$557,775	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$557,775	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,179,993	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$1,179,993	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$557,775	DistributableAsAdjustedAmt
Undistributed Income PY	$469,000	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,179,993	QualifyingDistributionsAmt
Applied To Year1	$469,000	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$557,775	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$153,218	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$153,218	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$153,218	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$153,218	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	JDH LIFE SCIENCES INC	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
CIRCLE 10 COUNCIL - BOY SCOUTS OF AMERICA
8605 HARRY HINES BLVD	DALLAS	TX	75235	501(C)(3)	FRIENDS OF SCOUTING CAMPAIGN	$15,000
SOUTHERN METHODIST UNIVERSITY
PO BOX 750402	DALLAS	TX	75275	501(C)(3)	WILLIS M. TATE DISTINGUISHED LECTURE SERIES	$3,000
STATE FAIR OF TEXAS
PO BOX 1500009	DALLAS	TX	75315	501(C)(3)	YOUTH LIVESTOCK AUCTION AND SCHOLARSHIP PROGRAM	$4,450
UNIVERSITY OF TEXAS AT AUSTIN
P O BOX 7458	AUSTIN	TX	78713	501(C)(3)	HARKEY MATCHING ENDOWMENT	$1,000,000
UNIVERSITY OF TEXAS CHANCELLOR'S COUNCIL
210 W 7TH STREET	AUSTIN	TX	78701	501(C)(3)	GENERAL OPERATIONS	$2,500
DALLAS MUSEUM OF ART
1717 NORTH HARWOOD	DALLAS	TX	75201	501(C)(3)	GENERAL OPERATIONS	$9,776
BUSH CENTER
2943 SMU BLVD	DALLAS	TX	75205	501(C)(3)	GENERAL OPERATIONS	$120,000
STANFORD UNIVERSITY
326 GALVEZ STREET	STANFORD	CA	94305	501(C)(3)	THE HOOVER INSTITUTION UNRESTRICTED GIFT FUND	$20,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,174,726	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Business	523000	BusinessCd
Unrelated Business Taxbl Incm	$43,265	UnrelatedBusinessTaxblIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Business	523000	BusinessCd
Unrelated Business Taxbl Incm	$77,154	UnrelatedBusinessTaxblIncmAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Business	523000	BusinessCd
Unrelated Business Taxbl Incm	$138,193	UnrelatedBusinessTaxblIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$191,607	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$258,612	UnrelatedBusinessTaxblIncmAmt
Exclusion	-$191,607	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$67,005	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	RHAME & PERNA, PLLC	CategoryTxt
Amt	$5,640	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$5,076	DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	MERRILL LYNCH (X2477)	StockNm
EOY Book Value	$2,444,566	EOYBookValueAmt
EOYFMV	$2,755,749	EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
DORCHESTER MINERALS LP	AT COST	$256,775	$859,410
ENERGY TRANSFER LP	AT COST	$2,914,763	$6,803,400
BIOS SPECIAL OPPORTUNITY FUND, L.P.	AT COST	$738,030	$809,647

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	2023 PRIVATE FOUNDATION EXCISE TAX AND UBT PAID	Desc
Amt	$2,725	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES	$212	$0	$191
INVESTMENT ADVISORY FEES (X2477)	$51,289	$46,160	$0
ROYALTY EXPENSES - DORCHESTER MINERALS, LP	$15,143	$15,143	$0
ENERGY TRANSFER, LP (CHARITABLE)	$584	$0	$0
ENERGY TRANSFER, LP (NONDEDUCTIBLE)	$1,408	$0	$0
ENERGY TRANSFER, LP (NET T/B & RRE LOSS - ET)	$270,011	$0	$0
BIOS SPECIAL OPPORTUNITY FUND, LP (NONDEDUCTIBLE)	$1,968	$0	$0
OTHER NONDEDUCTIBLE EXPENSES	$774	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
DORCHESTER MINERALS, LP - ROYALTY INCOME	$109,104	$109,104	$109,104
ENERGY TRANSFER, LP (TRADE/BUSINESS INCOME - SUN)	$11,707	$11,707	$11,707
ENERGY TRANSFER, LP (RRE LOSS - SUN)	-$416	-$416	-$416
ENERGY TRANSFER, LP (TRADE/BUSINESS INCOME - USAC)	$4,169	$4,169	$4,169
MERRILL LYNCH (X2477) - NONDIVIDEND DISTRIBUTIONS	$13,629	$13,629	$13,629

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	DORCHESTER MINERALS, LP - DEPLETION EXPENSE IN EXCESS OF BASIS	Desc
Amt	$2,365	Amt