BERNARD FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BERNARD FOUNDATION (EIN 20-8907660)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-03-27
- IRS object ID
- 202310869349100206
- Schema version
- 2022v5.0
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- 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 | 2023-03-27T07:08:20-07:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 751503978 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HENRY & PETERS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3304 S BROADWAY AVE | AddressLine1Txt |
| City | TYLER | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208907660 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERNARD FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BERN | BusinessNameControlTxt |
| Phone | 9035927999 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6717 | AddressLine1Txt |
| City | TYLER | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75711 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GEORGE TREY HENDERSON III | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2023-03-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GEORGE TREY HENDERSO | PersonFirstNm |
| Person Last | III | 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 | Ginny Ragland | PreparerPersonNm |
| PTIN | P00160325 | PTIN |
| Phone | 9035976311 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | 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 | $15,777,969 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $400,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,116 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,116 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $328,860 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $328,860 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$155,781 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $295,427 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $89,816 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,341 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $664,011 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $333,317 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $2,859 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $2,859 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $7,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,400 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $292 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $292 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $9,921 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,137 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,688 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,677 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $22,160 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $13,365 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $327,260 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $327,260 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $349,420 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $13,365 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $327,260 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $314,591 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $319,952 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $654,964 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $870,305 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $870,305 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $3,082,123 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,875,474 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,700,654 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $9,077,915 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,428,805 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,313,016 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $25,045 | CorporateBondsBOYAmt |
| Other Investments BOY | $3,519,517 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,507,317 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,893,532 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $3 | OtherAssetsBOYAmt |
| Other Assets EOY | $462 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $462 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $16,359,567 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,682,363 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $15,777,969 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $16,359,567 | RetainedEarningBOYAmt |
| Retained Earning EOY | $16,682,363 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,359,567 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,682,363 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,359,567 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,682,363 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,359,567 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $314,591 | ExcessRevenueOverExpensesAmt |
| Other Increases | $8,205 | OtherIncreasesAmt |
| Subtotal | $16,682,363 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $16,682,363 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 291 META PLATFORMS INC CL A | P | 2021-11-17 | 2022-10-28 | $28,515 | $101,121 | -$72,606 | -$72,606 |
| 483.834 WARNER BROS DISCOVERY INC | P | 2021-06-11 | 2022-04-11 | $11,519 | $13,769 | -$2,250 | -$2,250 |
| 304 META PLATFORMS INC CL A | P | 2021-10-15 | 2022-10-28 | $29,788 | $99,924 | -$70,136 | -$70,136 |
| 50000 IOWA PARK TX ISD | P | 2012-08-02 | 2022-02-01 | $50,000 | $50,000 | ||
| 25000 JP MORGAN CHASE & CO | P | 2021-06-11 | 2022-10-30 | $25,000 | $25,045 | -$45 | -$45 |
| 100000 SAN ANTONIO TX PUB FACS RV | P | 2021-04-03 | 2022-09-15 | $100,000 | $100,000 | ||
| 1961.947 WARNER BROS DISCOVERY INC | P | 2010-01-01 | 2022-04-11 | $46,709 | $61,349 | -$14,640 | -$14,640 |
| GAIN/LOSS FROM PTP K-1S | P | 2022-01-01 | 2022-12-31 | $39 | $39 | $39 | |
| Capital Gain Dividends | $3,857 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$155,781 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$74,817 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,447 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,447 | SubtotalAmt |
| Tax Based On Investment Income | $4,447 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,800 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,800 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $103 | EsPenaltyAmt |
| Tax Due | $2,750 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 | false | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGE TREY HENDERSON III | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9366344753 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3659 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75903 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| JAY H GRINSTEAD | ||||||
| 211 BELMEAD | TYLER | TX | 75701 | Vice President | 1.00 | $0 |
| GEORGE TREY HENDERSON III | ||||||
| 203 S FIRST ST | LUFKIN | TX | 75901 | President | 1.00 | $0 |
| RICHARD W JETT JR | ||||||
| 3304 S BROADWAY AVE | TYLER | TX | 75701 | Director | 1.00 | $0 |
| STEWART HENDERSON | ||||||
| 1808 WESTERN DR | FORT WORTH | TX | 76107 | SEC/TREASURER | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $15,543,334 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $478,276 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,021,610 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $16,021,610 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $240,324 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,781,286 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $789,064 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $789,064 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,447 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,447 | TotalTaxAmt |
| Distributable Before Adj | $784,617 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $784,617 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $784,617 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $327,260 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $327,260 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $784,617 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $295,257 | UndistributedIncomePYAmt |
| Qualifying Distributions | $327,260 | QualifyingDistributionsAmt |
| Applied To Year1 | $295,257 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $32,003 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $752,614 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| HOSPICE OF EAST TEXAS FOUNDATION | |||||||
| 4111 UNIVERSITY BLVD | TYLER | TX | 75701 | NONE | PC | GENERAL SUPPORT | $40,000 |
| SARAH'S HOPE CHARITABLE AND EDUCATI | |||||||
| PO BOX 154816 | LUFKIN | TX | 75915 | NONE | PC | GENERAL SUPPORT | $75,000 |
| CHRISTUS TRINITY MOTHER FRANCES FOU | |||||||
| 100 E FERGUSON SUITE 800 | TYLER | TX | 75702 | NONE | PC | GENERAL SUPPORT | $52,256 |
| MISCELLANEOUS | |||||||
| FLOW-THRU FROM K-1S | TYLER | TX | 75702 | NONE | N/A | CHARITABLE | $4 |
| MONUMENTS MEN FOUNDATION | |||||||
| 4447 N CENTRAL EXPRESSWAY | DALLAS | TX | 75205 | NONE | PC | GENERAL SUPPORT | $50,000 |
| TEXAS CONSERVATION ALLIANCE | |||||||
| PO BOX 822554 | DALLAS | TX | 75382 | NONE | PC | LUFKIN INITIATIVE | $60,000 |
| ANGELINA COUNTY EXPOSITION CENTER I | |||||||
| 1200 ELLEN TROUT DR | LUFKIN | TX | 75904 | NONE | PC | GENERAL SUPPORT | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $327,260 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,116 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $328,860 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$155,781 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| MISCELLANEOUS INCOME | 14 | $3,341 | ||
| PARTNERSHIP UBTI | 211110 | -$2,148 | ||
| TAX EXEMPT INCOME | 14 | $88,623 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$2,148 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $266,159 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $264,011 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | MILDRED H GRINSTEAD ESTATE | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 BELMEAD | AddressLine1Txt |
| City | TYLER | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $400,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $7,400 | Amt |
| Net Investment Income | $7,400 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITY SECURITIES | StockNm |
| EOY Book Value | $9,428,805 | EOYBookValueAmt |
| EOYFMV | $9,313,016 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| State Local Sec Book Vl EOY | $2,875,474 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $2,700,654 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MUTUAL FUNDS | AT COST | $3,481,665 | $2,847,951 |
| PARTNERSHIPS2% INT (UBTI) | AT COST | $25,652 | $45,581 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $2,859 | LegalFeesAmt |
| Net Investment Income | $2,859 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST REC - INVESTMENTS | Desc |
| BOY Book Value | $3 | BOYBookValueAmt |
| EOY Book Value | $462 | EOYBookValueAmt |
| EOYFMV | $462 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| NON-DEDUCTIBLE PTRSHP EXP | $11 | |
| POSTAGE & DELIVERY | $312 | $312 |
| PTP INVESTMENT INTEREST EXP | $1,365 | $1,365 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| MISCELLANEOUS INCOME | $3,341 | $3,341 |
| PARTNERSHIP UBTI | -$2,148 | |
| TAX EXEMPT INCOME | $88,623 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $292 | Amt |
| Net Investment Income | $292 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL INCOME TAX | $8,784 | |
| FOREIGN TAXES PAID - INVESTMENTS | $1,137 | $1,137 |