SHRAMAN SOUTH ASIAN MUSEUM AND LEARNING CENTER FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SHRAMAN SOUTH ASIAN MUSEUM AND LEARNING CENTER FOUNDATION (EIN 46-0715559)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2022-01-18
- IRS object ID
- 202230189349100903
- Schema version
- 2020v4.1
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Land Etc Schedule2
- Legal Fees Schedule
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-01-18T16:26:58-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14241 DALLAS PARKWAY SUITE 1100 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75254 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460715559 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Shraman Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % VINAY JAIN | InCareOfNm |
| Business Name Control | SHRA | BusinessNameControlTxt |
| Phone | 2142078003 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 W Plano Parkway | AddressLine1Txt |
| City | Plano | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75075 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VINAY JAIN | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 2145930506 | PhoneNum |
| Signature | 2022-02-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | VINAY | PersonFirstNm |
| Person Last | JAIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Noelle Alberto | PreparerPersonNm |
| PTIN | P01704142 | PTIN |
| Phone | 9727028262 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $123,339,843 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $2,411,024 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,411,024 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $2,411,024 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $238,996 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,214,621 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $238,996 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,650,020 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,650,020 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $2,411,024 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $97,859 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $99,114 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $26,260 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $26,956 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $28,875 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $28,875 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $103,887 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $128,702 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $479,983 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $182,090 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $182,090 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $182,090 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $66,396 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $66,396 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $736 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $736 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $30 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $30 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $57,693 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $57,055 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $57,055 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $1,043,809 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $239,145 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $239,145 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $350,809 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,043,809 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $239,145 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $239,145 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $350,809 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,606,211 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,410,875 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,171,879 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $720,859 | CashBOYAmt |
| Cash EOY | $763,466 | CashEOYAmt |
| Cash EOYFMV | $763,466 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,251,536 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $14,908,957 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $14,908,957 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $1,243,594 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $829,123 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $829,123 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $73,461,979 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $46,142,176 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $46,142,176 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,365,382 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,192,995 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,192,995 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $25,587,064 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $48,274,096 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $48,274,096 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $7,283,602 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $182,090 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $7,283,602 | LandBOYAmt |
| Land EOY | $7,101,512 | LandEOYAmt |
| Land EOYFMV | $7,101,512 | LandEOYFMVAmt |
| Other Assets BOY | $127,518 | OtherAssetsBOYAmt |
| Other Assets EOY | $127,518 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $127,518 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $115,041,534 | TotalAssetsBOYAmt |
| Total Assets EOY | $123,339,843 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $123,339,843 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $34,058 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $7,427 | AccountsPayableEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $24,207 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $34,058 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $31,634 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $115,007,476 | RetainedEarningBOYAmt |
| Retained Earning EOY | $123,308,209 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $115,007,476 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $123,308,209 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $115,041,534 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $123,339,843 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $115,007,476 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,606,211 | ExcessRevenueOverExpensesAmt |
| Other Increases | $6,694,522 | OtherIncreasesAmt |
| Subtotal | $123,308,209 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $123,308,209 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | LONG TERM CAPITAL GAIN | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2019-01-01 | AcquiredDt |
| Sold | 2020-01-31 | SoldDt |
| Gross Sales Price | $2,000,000 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,975,625 | CostOrOtherBasisAmt |
| Gain Or Loss | $24,375 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $24,375 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $238,996 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $214,621 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $33,511 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $33,511 | SubtotalAmt |
| Tax Based On Investment Income | $33,511 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $92,839 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $92,839 | TotalPaymentsAndCreditsAmt |
| Overpayment | $59,328 | OverpaymentAmt |
| Applied To ES Tax | $59,328 | 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 | Yes (true) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.shraman.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VINAY JAIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2142078003 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10710 INWOOD RD | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75229 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | 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 (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| VINAY K JAIN | ||||||||
| 2700 W Plano Parkway | Plano | TX | 75075 | PRESIDENT/DIRECTOR | 15.0 | $0 | $0 | $0 |
| KANIKA V JAIN | ||||||||
| 2700 W Plano Parkway | Plano | TX | 75075 | VICE PRES/SECRETARY/DIRECTOR | 5.0 | $0 | $0 | $0 |
| YASH PAUL VIRMANI | ||||||||
| 2700 W Plano Parkway | Plano | TX | 75075 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| Greg Fisher | ||||||||
| 2700 W Plano Parkway | Plano | TX | 75075 | Treasurer | 5.0 | $0 | $0 | $0 |
| Nikhil Jain | ||||||||
| 2700 W Plano Parkway | Plano | TX | 75075 | Director | 1.0 | $0 | $0 | $0 |
| Trishla Jain | ||||||||
| 2700 W Plano Parkway | Plano | TX | 75075 | Director | 1.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JYOTSNA GOLLAMUDI | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 W PLANO PARKWAY | AddressLine1Txt |
| City | PLANO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75075 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PROJECT MANAGER | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $90,000 | CompensationAmt |
| Employee Benefits | $2,250 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION IS ESTABLISHING A MUSEUM AND LEARNING CENTER IN DALLAS, WHICH WILL PRESERVE AND INTERPRET THE CULTURAL HERITAGE OF SOUTH ASIA, INCLUDING JAIN RELIGION AND ART. | Description1Txt |
| Expenses1 | $350,809 | Expenses1Amt |
| Description2 | SHRAMAN LIFE SCIENCE FOUNDATION PLANS TO DEVELOP DRUGS FOR CANCER, GENETIC DISORDERS, INFECTIOUS DISEASES, & AUTOIMMUNE DISEASES, ALL OF WHICH ARE SIGNIFICANTLY UNDER APPRECIATED | Description2Txt |
| Description3 | AND UNDER TREATED IN THE DEVELOPING WORLD. THIS WILL INCLUDE POTENTIAL DISCOVERY & IN-LICENSING, AS WELL AS DEVELOPING, RESEARCHING, MANUFACTURING, AND DISTRIBUTING SUCH MEDICATION | Description3Txt |
| Description4 | TO PATIENTS IN NEED. THE FOUNDATION MAY ALSO PARTNER WITH OTHER BIO-PHARMA COMPANIES TO HELP CO-DEVELOP NOVEL MEDICATIONS FOR SUCH USES. SEE ATTACHMENT | Description4Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $101,744,229 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $10,307,523 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $112,051,752 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $112,051,752 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,680,776 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $110,370,976 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,518,549 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $350,809 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $350,809 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $350,809 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2012-11-19 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,171,879 | CurrentYearAmt |
| Year1 | $1,555,639 | Year1Amt |
| Year2 | $902,465 | Year2Amt |
| Year3 | $1,092,541 | Year3Amt |
| Total | $5,722,524 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,846,097 | CurrentYearAmt |
| Year1 | $1,322,293 | Year1Amt |
| Year2 | $767,095 | Year2Amt |
| Year3 | $928,660 | Year3Amt |
| Total | $4,864,145 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $350,809 | CurrentYearAmt |
| Year1 | $4,014,849 | Year1Amt |
| Year2 | $648,152 | Year2Amt |
| Year3 | $4,225,242 | Year3Amt |
| Total | $9,239,052 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $5,000 | Year1Amt |
| Year2 | $14,256 | Year2Amt |
| Year3 | $8,500 | Year3Amt |
| Total | $27,756 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $350,809 | CurrentYearAmt |
| Year1 | $4,009,849 | Year1Amt |
| Year2 | $633,896 | Year2Amt |
| Year3 | $4,216,742 | Year3Amt |
| Total | $9,211,296 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,679,033 | CurrentYearAmt |
| Year1 | $2,400,086 | Year1Amt |
| Year2 | $1,102,822 | Year2Amt |
| Year3 | $982,891 | Year3Amt |
| Total | $8,164,832 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | VINAY K JAIN | ContributingManagerNm |
| Contributing Manager | KANIKA V JAIN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,411,024 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $238,996 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,650,020 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,650,020 | 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 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 2700 PLANO | PropertyDesc |
| Acquired | 2020-01-02 | AcquiredDt |
| Cost Or Other Basis | $7,283,602 | CostOrOtherBasisAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 40 | LifeRt |
| Current Year Expense | $182,090 | CurrentYearExpenseAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (34 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CITIGROUP INC NOTE A | $300,408 | $300,408 |
| GOLDMAN SACHS GROUP INC NOTE 1 | $573,400 | $573,400 |
| GOLDMAN SACHS GROUP INC NOTE 2 | $765,080 | $765,080 |
| BANK AMER CORP MTN | $2,039,713 | $2,039,713 |
| CITIGROUP INC NOTE B | $274,920 | $274,920 |
| JPMORGAN CHASE & CO NOTE | $292,265 | $292,265 |
| WELLS FARGO CO MTN BE | $264,937 | $264,937 |
| BANK OF AMERICA CORP | $281,822 | $281,822 |
| CITIGROUP INC NOTE C | $878,918 | $878,918 |
| BUNGE LTD FIN CORP | $519,090 | $519,090 |
| BERKSHIRE HATHAWAY FIN CORP | $1,328,520 | $1,328,520 |
| 3M CO MTN CALL MAKE WHOLE | $1,213,570 | $1,213,570 |
| NORTHWESTERN UNIV BOND CALL | $1,011,896 | $1,011,896 |
| MICROSOFT CORP NOTE CALL | $2,570,660 | $2,570,660 |
| ABBVIE INC NOTE CALL | $3,924,660 | $3,924,660 |
| ORACLE CORP NOTE CALL | $1,234,400 | $1,234,400 |
| EXXON MOBIL CORP NOTE CALL | $2,466,820 | $2,466,820 |
| JOHNS HOPKINS HEALTH SYS BOND | $623,045 | $623,045 |
| PRESIDENT & FELLOW HARVARD | $390,331 | $390,331 |
| JOHNSON & JOHNSON NOTE CALL | $2,566,100 | $2,566,100 |
| APPLE INC NOTE CALL | $2,507,060 | $2,507,060 |
| JP MORGAN CHASE & CO NOTE 1 | $2,619,360 | $2,619,360 |
| SUTTER HEALTH BOND CALL | $1,137,898 | $1,137,898 |
| JP MORGAN CHASE & CO NOTE 2 | $2,521,360 | $2,521,360 |
| PFIZER INC NOTE CALL | $2,628,660 | $2,628,660 |
| INTERNATIONAL BUSINESS MACHS | $1,313,130 | $1,313,130 |
| AMERICAN INTL GROUP INC NOTE | $645,395 | $645,395 |
| 3M CO NOTE CALL MAKE WHOLE | $2,312,380 | $2,312,380 |
| INTEL CORP NOTE CALL | $1,119,260 | $1,119,260 |
| MASS INST TECH MTN BOND | $1,159,670 | $1,159,670 |
| METHODIST HOSP HOUSTON TEX BON | $1,020,070 | $1,020,070 |
| DUKE UNIVERSITY SER A BOND | $3,245,850 | $3,245,850 |
| JOHNS HOPKINS UNIV NOTE CALL | $2,376,933 | $2,376,933 |
| PURCHASED INTEREST | $146,515 | $146,515 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | VANGUARD INDEX FDS ETP | StockNm |
| EOY Book Value | $5,192,995 | EOYBookValueAmt |
| EOYFMV | $5,192,995 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $17,033,585 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $17,033,585 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $29,108,591 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $29,108,591 | StateLocalSecEOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | 2700 PLANO | CategoryOrItemTxt |
| Cost Or Other Basis | $7,283,602 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $182,090 | AccumulatedDepreciationAmt |
| Book Value | $7,101,512 | BookValueAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $26,260 | LegalFeesAmt |
| Disbursements Charitable Prps | $26,956 | DisbursementsCharitablePrpsAmt |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mortgage | $24,207 | MortgageAmt |
Note Payable NotePayableGrp
Lender Name LenderNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | COMPASS BANK | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Loan Original | $40,218 | LoanOriginalAmt |
| Balance Due | $24,207 | BalanceDueAmt |
| Loan Purpose | SMALL BUS LOAN, COVID-19 | LoanPurposeTxt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| TEXTUAL COLLECTION | $14,993 | $14,993 | $14,993 |
| ART & ANTIQUITIES COLLECTION | $112,525 | $112,525 | $112,525 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| BANK FEES | $59 | $59 | $59 |
| GENERAL LIABILITY INSURANCE | $39,791 | $39,791 | $39,791 |
| MEMBERSHIPS & SUBSCRIPTIONS | $187 | $187 | $187 |
| REPAIRS AND MAINTENANCE | $13,405 | $13,405 | $13,405 |
| MEALS & ENTERTAINMENT | $140 | $140 | $140 |
| INFORMATION TECHNOLOGY | $2,739 | $2,739 | $2,739 |
| UTILITIES & WATER SERVICE | $734 | $734 | $734 |
| MISCELLANEOUS EXPENSE | $638 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | $6,685,833 |
| TAX-EXEMPT INTEREST | $8,689 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| REAL ESTATE CONSULTING FEES | $102,500 | $128,702 |
| CONSULTANT FEES | $1,387 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| EXCISE TAX | $475,398 |
| IRS FEE | $2,500 |
| TAX PENALTY | $2,085 |