GARVER BLACK HILYARD FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- GARVER BLACK HILYARD FAMILY FOUNDATION (EIN 76-0556696)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-13
- IRS object ID
- 202313179349101801
- 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
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-13T10:48:23-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760556696 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Garver Black Hilyard Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GARV | BusinessNameControlTxt |
| Phone | 7135223092 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2748 Bingle Rd | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77055 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | C M Garver | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 7135223092 | PhoneNum |
| Signature | 2023-11-13 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | C | PersonFirstNm |
| Person Last | Garver | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
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 |
| 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 | $48,944,095 | 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 | $44,708 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $44,708 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $878,702 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $878,702 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,510,159 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,171,498 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,510,159 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,433,569 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,433,569 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $135,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $135,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,590 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,590 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $93,263 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,375 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $10,369 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $230,821 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $230,821 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $460,674 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $237,196 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $146,959 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,450,550 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,450,550 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,911,224 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $237,196 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,597,509 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$477,655 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,196,373 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,644,153 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $811,981 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $811,981 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $9,612 | AcctRcvblAmt |
| Acct Rcvbl EOY | $9,612 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $9,612 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl | $7,157,520 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $7,771,001 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $7,157,520 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $7,157,520 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $25,485,552 | CorporateStockBOYAmt |
| Corporate Stock EOY | $27,655,726 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $36,804,302 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,644,255 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,519,255 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $569,369 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,839,648 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,752,107 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,591,311 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $40,384,609 | TotalAssetsBOYAmt |
| Total Assets EOY | $39,906,201 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $48,944,095 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $753 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $753 | 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 | $40,383,856 | RetainedEarningBOYAmt |
| Retained Earning EOY | $39,906,201 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $40,383,856 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $39,906,201 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $40,384,609 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $39,906,201 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $40,383,856 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$477,655 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $39,906,201 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $39,906,201 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (41 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 13 shs Tesla | 2022-03-22 | 2022-05-03 | $11,806 | $12,915 | -$1,109 | -$1,109 | |
| 750 shs Vertex | 2021-06-24 | 2022-03-22 | $192,725 | $148,389 | $44,336 | $44,336 | |
| 126 shs Amazon | 2016-03-15 | 2022-11-16 | $12,123 | $3,618 | $8,505 | $8,505 | |
| 225 shs Alibaba | 2017-07-07 | 2022-03-22 | $24,097 | $32,170 | -$8,073 | -$8,073 | |
| 1330 shs Alphabet Inc cl C | 2016-01-22 | 2022-05-03 | $166,215 | $53,923 | $112,292 | $112,292 | |
| 425 shs Alphabet Inc Cl A | 2015-07-17 | 2022-05-03 | $64,017 | $21,177 | $42,840 | $42,840 | |
| 137 shs Autodesk | 2016-01-22 | 2022-03-22 | $27,791 | $7,587 | $20,204 | $20,204 | |
| 930 shs Automatic Data Proc | 2016-03-15 | 2022-03-16 | $198,221 | $89,944 | $108,277 | $108,277 | |
| 213 shs Boeing | 2020-03-26 | 2022-03-22 | $40,338 | $35,847 | $4,491 | $4,491 | |
| 8674 shs Cisco | 2016-03-15 | 2022-01-31 | $479,223 | $269,741 | $209,482 | $209,482 | |
| 4101 shs Colgate Palmolive | 2018-04-03 | 2022-01-31 | $310,797 | $290,284 | $20,513 | $20,513 | |
| 1587 shs Deere Co | 2016-11-14 | 2022-01-31 | $621,119 | $212,616 | $408,503 | $408,503 | |
| 268 shs Disney Co | 2020-05-18 | 2022-03-22 | $37,418 | $31,265 | $6,153 | $6,153 | |
| 1031 shs Expeditors | 2016-03-15 | 2022-01-31 | $111,816 | $49,354 | $62,462 | $62,462 | |
| 18 shs Factset Resh sys | 2016-03-15 | 2022-03-22 | $7,768 | $2,693 | $5,075 | $5,075 | |
| 38 shs Intuitive surgical | 2020-04-22 | 2022-03-22 | $10,775 | $6,476 | $4,299 | $4,299 | |
| 175 Microsoft | 2016-03-15 | 2022-03-22 | $47,877 | $9,304 | $38,573 | $38,573 | |
| 2229 Novartis | 2016-03-15 | 2022-03-22 | $191,077 | $143,125 | $47,952 | $47,952 | |
| 100 shs Nvidia | 2019-01-11 | 2022-05-10 | $17,596 | $3,691 | $13,905 | $13,905 | |
| 944 shs Monster Beverage | 2016-01-22 | 2022-03-22 | $89,432 | $42,097 | $47,335 | $47,335 | |
| 100 shs Novo Nordisk A | 2016-03-15 | 2022-03-22 | $10,962 | $5,633 | $5,329 | $5,329 | |
| 2048 shs Oracle Corp | 2016-03-15 | 2022-03-22 | $153,237 | $78,843 | $74,394 | $74,394 | |
| 25 shs Qualcomm | 2016-03-15 | 2022-03-22 | $3,907 | $1,243 | $2,664 | $2,664 | |
| 2580 shs Roche Hldg Ltd | 2019-09-30 | 2022-03-22 | $107,398 | $92,216 | $15,182 | $15,182 | |
| 11977 shs Schlumberger | 2016-02-11 | 2022-01-31 | $475,681 | $547,039 | -$71,358 | -$71,358 | |
| 162 shs Salesforce | 2020-03-20 | 2022-03-22 | $35,099 | $22,787 | $12,312 | $12,312 | |
| 143 shs Starbucks | 2018-04-11 | 2022-03-22 | $12,510 | $8,504 | $4,006 | $4,006 | |
| 86 shs Visa Inc | 2016-01-22 | 2022-05-03 | $17,940 | $6,243 | $11,697 | $11,697 | |
| 196 shs Vertex Pharmctls | 2021-07-06 | 2022-08-21 | $57,321 | $39,045 | $18,276 | $18,276 | |
| 74 shs Yum Brands | 2016-03-15 | 2022-03-22 | $8,686 | $4,149 | $4,537 | $4,537 | |
| 498 Yum China Holdings | 2016-03-15 | 2022-03-22 | $23,238 | $11,057 | $12,181 | $12,181 | |
| 477 shs Regeneron Pharmactcls | 2016-08-01 | 2022-03-22 | $321,892 | $222,089 | $99,803 | $99,803 | |
| 35000 SX5E Arn Issuer BARC | 2021-11-23 | 2022-09-15 | $360,605 | $350,000 | $10,605 | $10,605 | |
| 12500shs Banco Bilbao | 2020-05-26 | 2022-03-29 | $150,026 | $83,395 | $66,631 | $66,631 | |
| 48655 SX5E Arns Issuer BNS | 2020-12-23 | 2022-02-25 | $565,176 | $486,550 | $78,626 | $78,626 | |
| 75110 SP500 Arn Issuer | 2021-03-25 | 2022-05-27 | $761,873 | $751,100 | $10,773 | $10,773 | |
| 33179 SP500 Arn Issuer TD | 2021-04-29 | 2022-06-24 | $294,035 | $331,790 | -$37,755 | -$37,755 | |
| 43232 SX5E Arm Issuer BOFA | 2021-09-23 | 2022-11-25 | $402,446 | $432,320 | -$29,874 | -$29,874 | |
| 59612 R2000 Arm Issuer BNS | 2021-06-24 | 2022-08-26 | $499,671 | $596,120 | -$96,449 | -$96,449 | |
| 125000 Royal Bank of Canada | 2021-03-15 | 2022-03-18 | $125,000 | $125,000 | $0 | $0 | |
| Capital Gains Dividends | $122,564 | $122,564 | $122,564 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,510,159 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $30,530 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $30,530 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $30,530 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $48,000 | 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 | $48,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $17,470 | OverpaymentAmt |
| Applied To ES Tax | $17,470 | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Garver Black Hilyard Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7135223092 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2748 Bingle Road | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77055 | 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 | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | C MICHAEL GARVER | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2748 Bingle Rd | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77055 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Maia Lenoir | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4603 Parkwood Rd | AddressLine1Txt |
| City | Austin | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78722 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | employee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 30.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $135,000 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Merrill Lynch | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 American Boulevard | AddressLine1Txt |
| City | Pennington | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 085344129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Brokerage fees | ServiceTypeTxt |
| Compensation | $230,821 | CompensationAmt |
| 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 | $38,310,362 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,982,446 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $10,748,831 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $51,041,639 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $51,041,639 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $765,625 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $50,276,014 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,513,801 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,513,801 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $30,530 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $30,530 | TotalTaxAmt |
| Distributable Before Adj | $2,483,271 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,483,271 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,483,271 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,597,509 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,597,509 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,483,271 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,581,479 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,597,509 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,581,479 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $16,030 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $2,467,241 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | C MICHAEL GARVER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (51 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Houston Botanic Garden | ||||||
| 8205 N Bayou Drive | Houston | TX | 77017 | PC | Pledge Agreement for Capital Campaign | $760,000 |
| Texas A&M Foundation | ||||||
| 401 George Bush Drive | College Station | TX | 77840 | PC | Scholarship Funds | $79,000 |
| Houston Parks Board | ||||||
| 300 North Post Oak Lane | Houston | TX | 77024 | PC | General Charitable Purpose | $440,000 |
| Bayou Preservation Assoc | ||||||
| 7305 Navigation Blvd Suite A | Houston | TX | 77011 | PC | General Charitable Purpose | $50,000 |
| Texans For Clean Water Inc | ||||||
| 2748 Bingle Road | Houston | TX | 77055 | PF | To educate the public about the problems of litter in TX waterways and ways to protect the TX environment. | $235,000 |
| Container Recycling Institute | ||||||
| 4361 Keystone Ave | Culver City | CA | 90232 | PC | General Charitable Pupose | $30,000 |
| Houston Methodist Hospital Foundation | ||||||
| 1704 Sunset Blvd | Houston | TX | 77005 | PC | Houston Alzheimer's Study Pledge | $20,000 |
| Galveston Bay Foundation | ||||||
| 1725 HIghway 146 | Kemah | TX | 77565 | PC | General Charitable Purpose | $25,000 |
| Texas Conservative Coalition Research Inst | ||||||
| PO Box 2659 | Austin | TX | 78768 | PC | General Charitable Purpose | $49,300 |
| Bayou City Waterkeeper | ||||||
| 2010 N Loop West Suite 275 | Houston | TX | 77018 | PC | General Charitable Purpose | $5,000 |
| Houston Food Bank | ||||||
| 535 Portwall St | Houston | TX | 77029 | PC | General Charitable Purpose | $100,000 |
| American Lung Assoc in Texas | ||||||
| 102 McDowell Rd | Phoeniz | AZ | 85003 | PC | General Charitable Purpose | $10,000 |
| Community Family Center | ||||||
| 7524 Ave E | Houston | TX | 77012 | PC | General Charitable Purpose | $5,000 |
| Environment TX Research & Policy | ||||||
| 200 E 30th St | Austin | TX | 78705 | PC | General Charitable Purpose | $5,000 |
| Crime Stoppers | ||||||
| PO Box 541654 | Houston | TX | 77254 | PC | General Charitable Purpose | $5,000 |
| Herman Park Conservancy | ||||||
| 1700 Herman Drive | Houston | TX | 77004 | PC | General Charitable Purpose | $5,000 |
| Coastal Prairie | ||||||
| 5615 Kirby Dr Suite 867 | Houston | TX | 77005 | PC | General Charitable Purpose | $5,000 |
| Memorial Park Conservancey | ||||||
| 7575 North Picnic Lane | Houston | TX | 77007 | PC | General Charitable Purpose | $10,000 |
| National Multiple Sclerosis Society | ||||||
| PO Box 4527 | New York | NY | 10163 | PC | General Charitable Purpose | $10,000 |
| Spark School Park Program | ||||||
| PO Box 1562 | Houston | TX | 77251 | PC | General Charitable Purpose | $10,000 |
| Open Door Mission | ||||||
| PO Box9356 | Houston | TX | 77261 | PC | General Charitable Purpose | $5,000 |
| Houston Community Tool Bank | ||||||
| 1215 Gazin Street | Houston | TX | 77020 | PC | General Charitable Purpose | $5,000 |
| Houston Botanic Garden | ||||||
| 8205 N Bayou Drive | Houston | TX | 77017 | PC | General Charitable Purpose | $44,400 |
| Bear be a Resource | ||||||
| 2223 West Loop South | Houston | TX | 77027 | PC | General Charitable Purpose | $3,000 |
| Baker Ripley | ||||||
| PO Box 271389 | Houston | TX | 77277 | PC | General Charitable Purpose | $5,000 |
| University of Houston Downtown | ||||||
| One Main Street Suite 990-S | Houston | TX | 77002 | PC | General Charitable Purpose | $5,000 |
| Alley Theatre | ||||||
| 615 Texas Avenue | Houston | TX | 77002 | PC | General Charitable Purpose | $2,000 |
| Bayou Land Conservancy | ||||||
| 10330 Lake Road Bldg J | Houston | TX | 77070 | PC | General Charitable Purpose | $1,000 |
| Circuit Riders Ministries | ||||||
| PO Box 6241 | Tyler | TX | 75711 | PC | General Charitable Purpose | $1,000 |
| Citizens for Animal Protection | ||||||
| 175555 Katy Freeway | Houston | TX | 77094 | PC | General Charitable Purpose | $1,000 |
| Houston Audobon | ||||||
| 440 Wilchester Blvd | Houston | TX | 77079 | PC | General Charitable Purpose | $1,000 |
| Houston Barc | ||||||
| PO Box 22568 | Houston | TX | 77227 | PC | General Charitable Purpose | $1,000 |
| Houston Humane Society | ||||||
| PO Box 450528 | Houston | TX | 77245 | PC | General Charitable Purpose | $1,000 |
| Leukemia & Lymphoma Society | ||||||
| 5433 Westheimer Rd Ste300 | Houston | TX | 77056 | PC | General Charitable Purpose | $5,000 |
| Trees for Houston | ||||||
| PO Box 270477 | Houston | TX | 77277 | PC | General Charitable purpose | $5,000 |
| 12th Man Foundation | ||||||
| PO Box 2800 | College Station | TX | 77841 | PC | General Charitable Purpose | $10,000 |
| Gracewood Church Children at Heart Foundation | ||||||
| 1617 Elmview Dr | Houston | TX | 77080 | PC | General Charitable Purpose | $50,000 |
| New Hope Housing | ||||||
| 3315 Harrisburg Blvd Suite 400 | Houston | TX | 77003 | PC | General Charitable Purpose | $25,000 |
| Impact a Hero | ||||||
| 2929 McKinney St | Houston | TX | 77003 | PC | General charitable purposes | $2,500 |
| Stewardship Action Foundation | ||||||
| 20886 SW Teton Ave | Tualatin | OR | 97062 | PC | General Charitable Purpose | $25,000 |
| Tunnels to Tower Foundation | ||||||
| 2361 Hylan Blvd | Staten Island | NY | 10306 | PC | General Charitable Purpose | $5,000 |
| Chapelwood Foundation | ||||||
| 1617 Elm View Dr | Houston | TX | 77080 | PC | Charitable contribution | $9,350 |
| Discovery Green | ||||||
| 1500 McKinney | Houston | TX | 77010 | PC | General Charitable | $5,000 |
| Houston Methodist Hospital Foundation | ||||||
| 1704 Sunset Blvd | Houston | TX | 77005 | PC | Medical Research | $30,000 |
| Houston Methodist Hospital Foundation | ||||||
| 1704 Sunset Blvd | Houston | TX | 77005 | PC | Research, Summer Enrichment Fund, Summer Externship Program | $100,000 |
| MD Anderson Cancer | ||||||
| PO Box 301439 | Houston | TX | 772301439 | PC | Cancer research | $20,000 |
| Parkinson Foundation | ||||||
| 200SE 1st Street suite 800 | Miami | FL | 33131 | PC | Charitable | $5,000 |
| St Joseph's Indian | ||||||
| PO Box 300 | Chamberlain | SD | 573259919 | PC | General charitable purpose | $5,000 |
| UN World Food Program | ||||||
| 1725 I Street NW Suite 510 | Washington DC | DC | 20006 | PC | Charitable donation for food for Ukraine | $60,000 |
| Texan by Nature | ||||||
| 3500 Jefferson St 301 | Austin | TX | 78731 | PC | General Charitable Purposes | $120,000 |
| Keep America Beautiful | ||||||
| 1010 Washington Blvd 3rd Fl | Stamford | CT | 06901 | PC | General Charitable Purposes | $35,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,450,550 | 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 | 01 | ExclusionCd |
| Exclusion | $44,708 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $878,702 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,510,159 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,433,569 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,433,569 | 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 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Texans for Clean Water Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2748 Bingle Road | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77055 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2022-04-05 | GrantDt |
| Grant | $235,000 | GrantAmt |
| Purpose Of Grant | To Educate the public about the problems of litter in Texas waterways and ways to protect the Texas environment.To design a website and social media campaign to educate the public on successful ways states have reduced litter. Funds were also spent on a economic study, by Angelou Economics to explore the potential impacts to the state if litter reduction practices proven in other states, were adopted in Texas. Ongoing charitable education expenditures , such as engaging with the Ocean Plastic Leadership Network (OPLN) to increase dialogue on the need for and how to reduce plastic in waterways. | PurposeOfGrantTxt |
| Expended By Grantee | $172,218 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | None to the knowledge of Garver Black Hilyard Family Foundation | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 02/17/23 | DatesOfReportsByGranteeTxt |
| Verification | 2023-02-17 | VerificationDt |
| Results Of Verification | Garver Black Hilyard Family Foundation received the 2022 annual report, which reports and evidences the usage of the funds, and the use of the remaining funds through " early 2023" | ResultsOfVerificationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Ford Motors Bonds | $284,255 | $327,756 |
| Royal Bank of Canada HOG | $35,000 | $30,653 |
| Royal Bank of Canada CI ZM | $1,200,000 | $210,960 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (28 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Albermerle | $204,506 | $433,720 |
| Altria Group Inc | $443,501 | $548,520 |
| Caterpillar | $716,700 | $2,395,600 |
| Chevron | $141,576 | $358,980 |
| Cisco | $137,850 | $238,200 |
| Citigroup | $15,440 | $16,508 |
| Dreyfus Fund | $1,410,446 | $1,361,855 |
| Exxon | $890,721 | $1,875,100 |
| Intel | $125,430 | $105,720 |
| Johnson & Johnson | $215,110 | $353,300 |
| Lennar | $270,719 | $547,525 |
| Microsoft Corp | $75,788 | $431,676 |
| Pfizer | $476,603 | $855,708 |
| Phillip Morris | $1,953,040 | $2,551,808 |
| Phillips 66 | $248,791 | $301,832 |
| Schlumberger | $174,216 | $128,304 |
| See ML 04k02 Stmt Attached | $16,289,097 | $20,261,269 |
| Tweedy Browne Fund Inc | $412,508 | $430,318 |
| Viatris | $26,284 | $23,061 |
| Yum Brands | $224,266 | $512,320 |
| Frontier Commun. Parent | $119,954 | $113,411 |
| SX5E ARN ISS BOFA | $565,170 | $564,605 |
| SP500 ARN ISS HSBC | $360,000 | $358,560 |
| SP500 ARN ISS HSBC | $402,440 | $377,489 |
| SP500 ARN ISS HSBC | $761,870 | $715,015 |
| SP500 ARN ISS TD | $294,030 | $292,854 |
| SP500 ARN ISS BNS | $499,670 | $447,704 |
| Royal Bank of Canada CI MRO | $200,000 | $203,340 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Gold ounces | FMV | $1,186,570 | $1,768,853 |
| BRH Garver Class B Preferred Units | FMV | $1,565,537 | $1,822,458 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | attorney fees | CategoryTxt |
| Legal Fees | $1,590 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,590 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Broker fees | Desc |
| Revenue And Expenses Per Books | $230,821 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $230,821 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | payroll taxes payable | Desc |
| BOY Book Value | $753 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Foreign Taxes | $6,375 | $6,375 | $0 |
| Payroll Taxes | $10,369 | $0 | $10,369 |
| Federal Taxes | $76,519 | $0 | $0 |