BEAL FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BEAL FOUNDATION (EIN 75-6034480)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202443199349104659
- 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 Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T14:46:35-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 750807999 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SPROLES WOODARD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 151 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79702 | 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 | 756034480 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEAL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BEAL | BusinessNameControlTxt |
| Phone | 4326823753 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 104 S PECOS STREET | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STUART BEAL | PersonNm |
| Person Title | SECRETARY/TREASURER | PersonTitleTxt |
| Phone | 4326823753 | PhoneNum |
| Signature | 2024-11-14 | 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 | LAURA A BUCKNER | PreparerPersonNm |
| PTIN | P01201396 | PTIN |
| Phone | 4326827323 | PhoneNum |
| Preparation | 2024-11-14 | PreparationDt |
| 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 | $90,369,129 | 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 | $424,471 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $424,471 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,089,744 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,732,540 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $816,281 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $17,389,322 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $816,281 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $10,282,864 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $10,282,864 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $13,613,360 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $13,256,156 | 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 | $33,965 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $25,474 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,491 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $557,678 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $418,258 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $139,420 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $750,758 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $610,758 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $59,450 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $59,450 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $594,356 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $513,308 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $497 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,996,207 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,627,248 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $148,408 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,898,306 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,898,306 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $8,894,513 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,627,248 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,046,714 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,718,847 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,628,908 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | -$3 | CashBOYAmt |
| Cash EOY | -$2 | CashEOYAmt |
| Cash EOYFMV | -$2 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $6,716,156 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,867,176 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,867,176 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $55,516,759 | CorporateStockBOYAmt |
| Corporate Stock EOY | $60,840,307 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $65,882,280 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,726,947 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,030,675 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,030,675 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,471,773 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,412,323 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $15,589,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $66,431,632 | TotalAssetsBOYAmt |
| Total Assets EOY | $71,150,479 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $90,369,129 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $66,431,632 | RetainedEarningBOYAmt |
| Retained Earning EOY | $71,150,479 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $66,431,632 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $71,150,479 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $66,431,632 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $71,150,479 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $66,431,632 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,718,847 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $71,150,479 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $71,150,479 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| RBC 465 | P | $60,105 | $53,737 | $6,368 | $6,368 |
| RBC 465 | P | $341,996 | $323,692 | $18,304 | $18,304 |
| RBC 507 | P | $237,796 | $246,127 | -$8,331 | -$8,331 |
| RBC 507 | P | $1,337,803 | $1,253,604 | $84,199 | $84,199 |
| RBC 323 | P | $314,665 | $314,823 | -$158 | -$158 |
| RBC 323 | P | $1,029,087 | $1,117,252 | -$88,165 | -$88,165 |
| RBC 463 | P | $3,168,558 | $2,576,359 | $592,199 | $592,199 |
| RBC 463 | P | $8,004,023 | $7,564,373 | $439,650 | $439,650 |
| RBC 608 | P | $639,208 | $596,441 | $42,767 | $42,767 |
| RBC 608 | P | $1,550,142 | $1,425,041 | $125,101 | $125,101 |
| RBC 060 | P | $30,947 | $29,779 | $1,168 | $1,168 |
| RBC 060 | P | $2,226 | $2,382 | -$156 | -$156 |
| RBC 560 | P | $5,414 | $5,228 | $186 | $186 |
| RBC 560 | P | $50,061 | $48,533 | $1,528 | $1,528 |
| RBC 016 | P | $30,648 | $30,956 | -$308 | -$308 |
| RBC 016 | P | $118,587 | $140,146 | -$21,559 | -$21,559 |
| RBC 286 | P | $16,179 | $16,310 | -$131 | -$131 |
| RBC 286 | P | $171,485 | $193,340 | -$21,855 | -$21,855 |
| EDGE 1825 | P | $110,283 | $108,490 | $1,793 | $1,793 |
| EDGE 1825 | P | $166,140 | $131,063 | $35,077 | $35,077 |
| RBC SECURITIES ADJUSTMENT | P | $395,365 | -$395,365 | -$395,365 | |
| CAPITAL GAINS DIVIDENDS | P | $3,969 | $3,969 | $3,969 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $816,281 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $161,642 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $161,642 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $161,642 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $175,571 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $100,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $275,571 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $113,929 | OverpaymentAmt |
| Applied To ES Tax | $113,929 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | BEAL FOUNDATION | IndividualWithBooksNm |
| Phone | 4326823753 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 104 S PECOS STREET | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79701 | 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 (14 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 |
|---|---|---|---|---|---|---|---|---|
| SPENCER BEAL | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| BARRY BEAL JR | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| STUART BEAL | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| STEVE SCHORR | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| ELIZABETH BEAL DAVENPORT | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | CHAIRMAN | 0.00 | $0 | $0 | $0 |
| MARK LOWE CO PROSPERITY BANK | ||||||||
| 4200 WEST WADLEY | MIDLAND | TX | 79707 | SECRETARY/TREASURER | 0.00 | $0 | $0 | $0 |
| KARLENE BEAL GARBER | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| STEVE HOFER CO COTTON BLEDSOE | ||||||||
| PO BOX 50174 | MIDLAND | TX | 79710 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| LAURA BUCKNER | ||||||||
| 6 DESTA DRIVE SUITE 5800 | MIDLAND | TX | 797055546 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| ALEX BEAL | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| MICHAEL BEAL | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| HILL DAVENPORT | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| CALLIE FUQUA | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| ASHLEY LAFEVERS | ||||||||
| 104 S PECOS | MIDLAND | TX | 79701 | TRUSTEE | 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 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| RBC CAPITAL MARKETS | |||||
| PO BOX 1510 | MINNEAPOLIS | MN | 554401550 | INVESTMENT MANAGEMENT SERVICES | $436,395 |
| PROSPERITY BANK | |||||
| 4200 WEST WADLEY | MIDLAND | TX | 79707 | INVESTMENT MANAGEMENT SERVICES | $121,283 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $60,123,049 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $8,045,025 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $15,589,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $83,757,074 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $83,757,074 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,256,356 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $82,500,718 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,125,036 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,125,036 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $161,642 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $161,642 | TotalTaxAmt |
| Distributable Before Adj | $3,963,394 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,963,394 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,963,394 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,046,714 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $7,046,714 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,963,394 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $3,921,622 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,695,823 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,615,490 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $657,129 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,766,601 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $12,656,665 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $7,046,714 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,963,394 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,083,320 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $15,739,985 | 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 | $3,921,622 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $11,818,363 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,695,823 | ExcessFromYear4Amt |
| Excess From Year3 | $1,615,490 | ExcessFromYear3Amt |
| Excess From Year2 | $657,129 | ExcessFromYear2Amt |
| Excess From Year1 | $3,766,601 | ExcessFromYear1Amt |
| Excess From Current Year | $3,083,320 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ELIZABETH DAVENPORT | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 104 S PECOS | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4326823753 | RecipientPhoneNum |
| Form And Info And Materials | THE BEAL FOUNDATION GRANT APPLICATION IS ONLY AVAILABLE AT WWW.THEBEALFOUNDATION.ORG INFORMATION REQUIRED FOR A GRANT APPLICATION IS DETAILED ON THE WEBSITE, INCLUDNG THE CRITERIA FOR QUALIFIED ORGANIZATIONS THAT CAN APPLY. APPLICANTS MUST SUBMIT A GRANT APPLICATION ONLINE BY FEBRUARY 15 FOR THE APRIL MEETING AND BY SEPTEMBER 15 FOR THE NOVEMBER MEETING. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | FEBRUARY 15 FOR APRIL GRANTS AND SEPTEMBER 15 FOR NOVEMBER GRANTS. | SubmissionDeadlinesTxt |
| Restrictions On Awards | GRANTS WILL BE CONSIDERED FOR AGENCIES INVOLVING EDUCATION, HEALTH, HUMANITIES, AND WELFARE IN THE MIDLAND, TEXAS GEOGRAPHIC AREA. QUALIFIED ORGANIZATIONS: ARE TAX-EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), ARE FURTHER CLASSIFIED AS A PUBLIC CHARITY UNDER INTERNAL REVENUE CODE SECTION 509(A), AND PROVIDE A COPY OF THE IRS LETTER OF DETERMINATION RULING. APPLICANTS CLAIMING EXEMPTION AS A GOVERNMENT ENTITY MUST ALSO PROVIDE EVIDENCE OF THEIR TAX-EXEMPT STATUS. INCOMPLETE ONLINE APPLICATIONS WILL NOT BE CONSIDERED. ALL REQUIRED INFORMATION MUST BE SUBMITTED BY THE DEADLINE. ONLY ONLINE GRANT APPLICATIONS WILL BE ACCEPTED. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (82 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| AMERICAN DIABETES ASSOCIATION | ||||||
| 8008 SLIDE RD 12A | LUBBOCK | TX | 79242 | PC | OPERATING FUNDS | $20,000 |
| APHASIA CENTER OF WEST TEXAS INC | ||||||
| 5214 THOMASON DR | MIDLAND | TX | 79703 | PC | OPERATING FUNDS | $17,000 |
| BASIN DREAM CENTER FOR ORPHANS | ||||||
| PO BOX 52473 | MIDLAND | TX | 79710 | PC | OPERATING FUNDS | $15,000 |
| BIG BROTHERS BIG SISTERS OF MIDLAND INC | ||||||
| 714 W LOUISIANA AVE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $25,000 |
| BRONTE INDEPENDENT SCHOOL DISTRICT | ||||||
| 210 JEFFERSON STREET | BRONTE | TX | 76933 | PC | OPERATING FUNDS | $20,000 |
| BUCKNER CHILDREN AND FAMILY SERVICES | ||||||
| 425 W PECAN ST | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $75,000 |
| BYNUM SCHOOL | ||||||
| PO BOX 80175 | MIDLAND | TX | 79708 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $90,000 |
| CASA DE AMIGOS OF MIDLAND | ||||||
| 1101 E GARDEN LANE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $18,000 |
| CASA OF WEST TEXAS | ||||||
| 1611 W TEXAS AVE | MIDLAND | TX | 79701 | PC | CAPITAL FUNDS | $60,000 |
| CENTERS FOR CHILDREN AND FAMILIES | ||||||
| 3701 ANDREWS HWY | MIDLAND | TX | 79703 | PC | OPERATING FUNDS | $30,000 |
| CHILDREN'S HOSPITAL - LOS ANGELES | ||||||
| 4650 SUNSET BLVD MS 29 | LOS ANGELES | CA | 90027 | PC | OPERATING FUNDS | $15,000 |
| CHILDREN'S INSTITUTE INC | ||||||
| 2121 W TEMPLE ST | LOS ANGELES | CA | 90026 | PC | OPERATING FUNDS | $25,000 |
| CHRIST CHURCH ANGLICAN | ||||||
| 5501 N MIDKIFF RD | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $100,000 |
| CHRISTMAS IN ACTION MIDLAND | ||||||
| PO BOX 3744 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $4,000 |
| COM AQUATICS INC | ||||||
| 3003 N A ST | MIDLAND | TX | 79705 | PC | CAPITAL FUNDS | $75,000 |
| COMMUNITIES IN SCHOOLS OF THE PERMIAN BASIN | ||||||
| PO BOX 10532 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $45,000 |
| COMMUNITY BIBLE STUDY | ||||||
| 790 STOUT RD | COLORADO SPRINGS | CO | 80921 | PC | OPERATING FUNDS | $4,000 |
| COMMUNITY CHILDREN'S CLINIC | ||||||
| PO BOX 3328 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $30,000 |
| CRIME STOPPERS OF MIDLAND INC | ||||||
| PO BOX 1882 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $10,000 |
| EAST WEST MINISTRIES | ||||||
| 2001 W PLANO PKWY STE 3000 | PLANO | TX | 75075 | PC | OPERATING FUNDS | $20,000 |
| EMMANUEL CHAPEL | ||||||
| P O BOX 301 | SOUTH FORK | CO | 81154 | PC | OPERATING FUNDS | $10,000 |
| FAMILY PROMISE OF MIDLAND | ||||||
| 2908 W OHIO AVE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $10,000 |
| FIRST PRESBYTERIAN CHURCH MIDLAND | ||||||
| 800 W TEXAS AVE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $645,000 |
| FIRST TEE WEST TEXAS | ||||||
| 6 DESTA DR SUITE 2400 | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $40,000 |
| FOCUS ON THE FAMILY | ||||||
| 8605 EXPLORER DRIVE | COLORADO SPRINGS | CO | 80902 | PC | OPERATING FUNDS | $10,000 |
| GLADNEY CENTER FOR ADOPTION | ||||||
| 410 W OHIO AVE STE 203 | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $10,000 |
| HIGH SKY CHILDREN'S RANCH | ||||||
| 8613 WEST COUNTRY ROAD 60 | MIDLAND | TX | 79707 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $140,000 |
| HIGHLAND COUNCIL FOR TEH DEAF | ||||||
| PO BOX 1935 | BIG SPRING | TX | 79721 | PC | OPERATING FUNDS | $53,000 |
| HILLCREST SCHOOL | ||||||
| 2800 N A ST | MIDLAND | TX | 79705 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $35,000 |
| HOSPICE OF MIDLAND | ||||||
| 911 W TEXAS AVE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $10,000 |
| JUNIOR ACHIEVEMENT OF WEST TEXAS INC | ||||||
| 306 W WALL SUITE 827 | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $35,000 |
| KBC MINISTRIES | ||||||
| 16010 UNIVERSITY OAKS SUITE 104 | SAN ANTONIO | TX | 78249 | PC | OPERATING FUNDS | $5,000 |
| LITERACY COALITION OF THE PERMIAN BASIN | ||||||
| 3500 NORTH A STREET STE 2700 | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $20,000 |
| MANNA HOUSE | ||||||
| 1238 FM 359 NORTH | BROOKSHIRE | TX | 77423 | PC | OPERATING EXPENSES | $48,306 |
| MANOR PARKINC | ||||||
| 2208 NORTH LOOP 250 WEST | MIDLAND | TX | 79705 | PC | CAPITAL FUNDS | $520,000 |
| MIDLAND CHILDREN'S REHABILITATION CENTER | ||||||
| 802 VENTURA | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $95,000 |
| MIDLAND COLLEGE FOUNDATION | ||||||
| 3600 N GARFIELD ST | MIDLAND | TX | 79705 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $1,000,000 |
| MIDLAND COMMUNITY THEATRE INC | ||||||
| 2000 W WADLEY | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $20,000 |
| MIDLAND FAIR HAVENS | ||||||
| 2400 WHITMIRE BLVD STE 100 | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $10,000 |
| MIDLAND HABITAT FOR HUMANITY | ||||||
| PO BOX 2555 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $95,000 |
| MIDLAND ISD EDUCATION FOUNDATION | ||||||
| PO BOX 73 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $20,000 |
| MIDLAND MEMORIAL FOUNDATION | ||||||
| 400 ROSALIND REDFERN GROVER PARKWAY | MIDLAND | TX | 79701 | PC | CAPITAL FUNDS | $50,000 |
| MIDLAND RAPE CRISIS CENTER & CAC | ||||||
| PO BOX 10081 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $68,000 |
| MIDLAND SHARED SPACES | ||||||
| 3500 NORTH A STREET STE 11100 | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $5,000 |
| MISSION AGAPE | ||||||
| PO BOX 3419 | MIDLAND | TX | 79702 | PC | OPERATING EXPENSES | $30,000 |
| MISSION CENTER ADULT DAY SERVICE | ||||||
| 3500 NORTH A STREET STE 1300 | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $50,000 |
| MUSEUM OF THE SOUTHWEST | ||||||
| 1705 W MISSOURI AVE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $50,000 |
| ODESSA CHRISTMAS IN ACTION INC | ||||||
| PO BOX 15075 | ODESSA | TX | 79768 | PC | CAPITAL FUNDS | $10,000 |
| OILFIELD CHRISTIAN FELLOWSHIP | ||||||
| 4816 RANGEWOOD COURT | MIDLAND | TX | 79707 | PC | OPERATING FUNDS | $2,000 |
| PARTNERS RELIEF AND DEVELOPMENT | ||||||
| PO BOX 1992 | GRAND RAPIDS | MI | 495011992 | PC | OPERATING FUNDS | $15,000 |
| PERMIAN BASIN AREA FOUNDATION - AMY BELL FUND | ||||||
| 200 N LORAINE STE 500 | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $10,000 |
| PERMIAN BASIN BE THE CHANGE | ||||||
| PO BOX 52643 | MIDLAND | TX | 79710 | PC | OPERATING FUNDS | $15,000 |
| PERMIAN BASIN GIFTS OF HOPE | ||||||
| PO BOX 1323 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $42,000 |
| PERMIAN BASIN PETROLEUM MUSEUM | ||||||
| 1500 INTERSTATE 20 WEST | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $15,000 |
| PERMIAN BASIN REGIONAL COUNCIL ON ALCOHOL AND DRUG ABUSE | ||||||
| 120 E 2ND ST | ODESSA | TX | 79761 | PC | OPERATING FUNDS | $25,000 |
| POLWARTH MINISTRIES | ||||||
| 3512 STURGIS LANE | WACO | TX | 76708 | PC | OPERATING FUNDS | $30,000 |
| RECORDING LIBRARY OF WEST TEXAS | ||||||
| 3500 NORTH A STREET SUITE 2800 | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $30,000 |
| REDEEMER CHURCH OF MIDLAND | ||||||
| 1901 NORTHRUP DR | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $4,000 |
| REFLECTION MINISTRIES OF TEXAS INC | ||||||
| PO BOX 52371 | MIDLAND | TX | 79710 | PC | OPERATING EXPENSE | $25,000 |
| REINS-N-HANDS INC | ||||||
| 7401 ECR 96 | MIDLAND | TX | 79706 | PC | OPERATING FUNDS | $75,000 |
| ROPE YOUTH | ||||||
| 3500 W GOLF COURSE ROAD | MIDLAND | TX | 79703 | PC | OPERATING FUNDS | $35,000 |
| SAFE PLACE OF THE PERMIAN BASIN | ||||||
| PO BOX 11331 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS AND CAPITAL PROJECTS | $70,000 |
| SAINT JOHN'S HEALTH CENTER FOUNDATION | ||||||
| 2121 SANTA MONICA BLVD | SANTA MONICA | CA | 90404 | PC | OPERATING EXPENSE | $226,000 |
| SAMARITAN COUNSELING CENTER | ||||||
| PO BOX 60312 | MIDLAND | TX | 79711 | PC | OPERATING FUNDS | $57,000 |
| SENIOR LIFE MIDLAND | ||||||
| 3301 SINCLAIR AVE | MIDLAND | TX | 79707 | PC | OPERATING FUNDS | $1,555,000 |
| SIBLEY ENVIRONMENTAL LEARNING CENTER FOUNDATION | ||||||
| 1307 E WADLEY AVE | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $15,000 |
| SPECTRUM SOLUTIONS | ||||||
| 2701 NORTH A ST | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $20,000 |
| STARLIGHT THERAPEUTIC RIDING CENTER | ||||||
| 5401 POLO CLUB RD | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $15,000 |
| STEPHEN SILLER TUNNEL TO TOWERS FOUDNATION | ||||||
| 2361 HYLAN BLVD | STATEN ISLAND | NY | 10306 | PC | OPERATING FUNDS | $10,000 |
| TEEN CHALLENGE | ||||||
| PO BOX 251 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $40,000 |
| TEEN FLOW YOUTH MINISTRY | ||||||
| PO BOX 733 | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $35,000 |
| TEXAS A&M UNIVERSITY KINGSVILLE FOUNDATION | ||||||
| MSC 173 700 UNIVERSITY BLVD | KINGSVILLE | TX | 78363 | PC | OPERATING FUNDS | $40,000 |
| THE FIELD'S EDGE | ||||||
| 6003 MEADOWVIEW LANE | MIDLAND | TX | 79707 | PC | OPERATING FUNDS | $75,000 |
| THE JUNIOR LEAGUE OF MIDLAND INC | ||||||
| 902 W DENGAR AVE | MIDLAND | TX | 79705 | PC | OPERATING FUNDS | $15,000 |
| THE SPRINGBOARD CENTER | ||||||
| 200 CORPORATE DR | MIDLAND | TX | 79705 | PC | CAPITAL FUNDS | $75,000 |
| THRIVING UNITED | ||||||
| 301 EAST ILLINOIS AVENUE | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $50,000 |
| TRINITY SCHOOL OF MIDLAND | ||||||
| 3500 WEST WADLEY | MIDLAND | TX | 79707 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $140,000 |
| WEST TEXAS FOOD BANK | ||||||
| 411 PAGEWOOD AVE | ODESSA | TX | 79761 | PC | OPERATING FUNDS | $110,000 |
| WEST TEXAS JAZZ SOCIETY | ||||||
| PO BOX 10832 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $10,000 |
| YMCA OF MIDLAND | ||||||
| PO BOX 954 | MIDLAND | TX | 79702 | PC | OPERATING FUNDS | $100,000 |
| YOUNG LIFE MIDLAND | ||||||
| 925 W WADLEY AVE | MIDLAND | TX | 79705 | PC | OPERATING FUNDS AND CAPITAL FUNDS | $90,000 |
| YOUNG WOMEN'S LEADERSHIP ACADEMY | ||||||
| 1800 E WALL ST | MIDLAND | TX | 79701 | PC | OPERATING FUNDS | $35,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,898,306 | 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) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $424,471 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,089,744 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $10,282,864 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $816,281 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $13,613,360 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $13,613,360 | 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 | ACCOUNTING FEES | CategoryTxt |
| Amt | $33,965 | Amt |
| Net Investment Income | $25,474 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,491 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENT SECURITIES | StockNm |
| EOY Book Value | $60,840,307 | EOYBookValueAmt |
| EOYFMV | $65,882,280 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | VELOCIS FUND III | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $3,030,675 | BookValueAmt |
| EOYFMV | $3,030,675 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OIL & GAS PRODUCING ROYALTY | $3,632,329 | $3,632,329 | $15,589,000 |
| ACCUMULATED DEPLETION | -$2,160,556 | -$2,220,006 | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MEETINGS AND ADMINISTRATIVE | $1,987 | $1,490 | $497 |
| ROYALTY PRODUCTION EXPENSES | $511,818 | $511,818 | $0 |
| VELOCIS FUND NONDEDUCTIBLE EXPENSE | $80,551 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CLASS ACTION SETTLEMENT | $2,572 | $2,572 | $2,572 |
| OIL & GAS ROYALTY INCOME | $10,279,300 | $10,279,300 | $10,279,300 |
| OTHER INVESTMENT INCOME | $992 | $992 | $992 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $121,283 | $90,962 | $30,321 |
| INVESTMENT MANAGEMENT FEES | $436,395 | $327,296 | $109,099 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| AD VALOREM TAX | $73,506 | $73,506 | $0 |
| ROYALTY PRODUCTION TAX | $486,997 | $486,997 | $0 |
| FOREIGN TAX ON DIVIDENDS | $50,255 | $50,255 | $0 |
| FEDERAL EXCISE TAX | $140,000 | $0 | $0 |