GARRISON FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- GARRISON FAMILY FOUNDATION (EIN 20-4886012)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-11
- IRS object ID
- 202231319349105478
- Schema version
- 2021v4.2
- Note
- A later return for the same period supersedes this one.
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-11T15:35:13-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204886012 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Garrison Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | GARR | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM CAROTHERS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-05-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM | PersonFirstNm |
| Person Last | CAROTHERS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $33,408,183 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $272 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $272 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $505,738 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $497,257 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,619,951 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,956,337 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,619,951 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $561 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $561 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,126,522 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,118,041 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $1,235 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,235 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $91,301 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $91,301 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $31,580 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,694 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $68,218 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $72 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $68,146 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $192,334 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $95,067 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $69,381 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $30,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $30,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $222,334 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $95,067 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $99,381 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,904,188 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,022,974 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | -$458,395 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $744,502 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $744,502 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $2,832 | AcctRcvblAmt |
| Acct Rcvbl EOY | $2,832 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $2,832 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $156,406 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $22,757 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $26,651 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $13,434,295 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,391,816 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $30,036,416 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,444,145 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,261,923 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,597,782 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $15,576,451 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,423,830 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $33,408,183 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $15,576,451 | RetainedEarningBOYAmt |
| Retained Earning EOY | $17,423,830 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,576,451 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,423,830 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,576,451 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,423,830 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,576,451 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,904,188 | ExcessRevenueOverExpensesAmt |
| Subtotal | $17,480,639 | SubtotalAmt |
| Other Decreases | $56,809 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $17,423,830 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $6,956,337 | GrossSalesPriceAmt |
| Cost Or Other Basis | $5,336,386 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,619,951 | GainOrLossAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,619,951 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $28,119 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $28,119 | SubtotalAmt |
| Tax Based On Investment Income | $28,119 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $28,680 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $28,680 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $25 | EsPenaltyAmt |
| Overpayment | $536 | OverpaymentAmt |
| Applied To ES Tax | $536 | 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 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| Pam Carrothers | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| William Carrothers | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Treas | 10.0 | $0 | $0 | $0 |
| Harvey Garrison | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 1.0 | $0 | $0 | $0 |
| Kerry Garrison | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Sandy Garrison | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Bruce Walker | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Sharon Walker | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Foundation Source | |||||
| 55 Walls Drive 3rd Floor | Fairfield | CT | 06824 | Administrative | $68,146 |
| First Financial Trust | |||||
| 400 Pine Street Suite 300 | ABILENE | TX | 79601 | INVESTMENT MGMT | $50,122 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $30,156,511 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $478,028 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $30,634,539 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $30,634,539 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $459,518 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $30,175,021 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,508,751 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,508,751 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $28,119 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $28,119 | TotalTaxAmt |
| Distributable Before Adj | $1,480,632 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,480,632 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,480,632 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $99,381 | 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 | $99,381 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,480,632 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $8,329 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Qualifying Distributions | $99,381 | QualifyingDistributionsAmt |
| Applied To Year1 | $8,329 | AppliedToYear1Amt |
| Applied To Current Year | $91,052 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $1,389,580 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Sharon Walker | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4829 Eagle Feather | AddressLine1Txt |
| City | Austin | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78735 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5128990828 | RecipientPhoneNum |
| Form And Info And Materials | written application, proof of 501(c) tax exempt status, detailed explanation of request | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | September 30 | SubmissionDeadlinesTxt |
| Restrictions On Awards | Board Approval | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HSB PARK INC | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 COMMUNITY DR | AddressLine1Txt |
| City | HORSESHOE BAY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78657 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General & Unrestricted | GrantOrContributionPurposeTxt |
| Amt | $30,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $30,000 | TotalGrantOrContriPdDurYrAmt |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $272 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $505,738 | 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 Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,619,951 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLASS ACTION LAWSUIT PROCEEDS | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $561 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,126,522 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,126,522 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX RETURN PREPARATION/REVIEW | CategoryTxt |
| Amt | $1,235 | Amt |
| Disbursements Charitable Prps | $1,235 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (52 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AK STEEL CORP - 7.000% - 03/15 | $49,979 | $51,750 |
| ALBERTSONS INC - 7.450% - 08/0 | $61,694 | $86,812 |
| ALLY FINL INC BOND PERPETUAL - | $31,476 | $31,125 |
| ALTRIA GROUP INC NOTE CALL - 5 | $50,245 | $48,816 |
| AMC NETWORKS INC NOTE CALL MAK | $30,366 | $29,775 |
| ARCELORMITTAL LUXEMBOURG - 4.2 | $51,198 | $54,796 |
| ASSURED GTY US HLDGS INC - 5.0 | $20,280 | $21,653 |
| AT & T INC - 5.350% - 09/01/20 | $30,085 | $38,162 |
| BANK AMER CORP FR - 4.200% - 0 | $30,158 | $32,164 |
| BANK NEW YORK MELLONCORP BOND | $33,300 | $32,003 |
| CAPITAL ONE FINL - 3.750% - 07 | $30,514 | $32,153 |
| CBS CORP - 4.000% - 01/15/2026 | $32,068 | $34,541 |
| LUMEN TECHNOLOGIES INC - 7.6% | $126,259 | $132,989 |
| CITIGROUP INC - 4.000% - 08/05 | $30,017 | $31,923 |
| COACH - 4.125% - 07/15/2027 | $50,897 | $54,051 |
| CORECIVIC INC - 8.250% - 04/14 | $15,936 | $15,675 |
| DELEK LOGISTICS PARTNERS LP SE | $63,704 | $66,463 |
| DISCOVER FINL SVCS FR - 3.250% | $30,314 | $30,512 |
| DONNELLEY R R &SONS CO - 8.820 | $102,868 | $145,512 |
| FORD MOTOR CO - 6.375% - 02/01 | $32,258 | $35,175 |
| FORD MOTOR CO COM - 8.900% - 0 | $263,454 | $368,349 |
| FORD MTR CO - 9.980% - 02/15/2 | $47,503 | $82,430 |
| FRONTIER COMMS HLDGS - 5.875% | $10,085 | $7,507 |
| GENESIS ENERGY LP - 6.250% - 0 | $24,723 | $24,375 |
| GENESIS ENERGY LP - 6.500% - 1 | $50,003 | $49,375 |
| GENWORTH FINANCIAL INC CL A - | $49,691 | $51,750 |
| GOODYEAR TIRE &RUBR CO NOTE - | $25,830 | $25,410 |
| ICAHN ENTERPRISES LP/CORP NOTE | $20,392 | $20,050 |
| JEFFERIES GROUP LLC - 4.000% - | $52,736 | $55,719 |
| KEER-MCGEE - 6.950% - 07/01/20 | $22,405 | $21,610 |
| LIBERTY MEDIA NOTE - 8.500% - | $38,620 | $38,150 |
| MOTOROLA SOLUTIONS INC - 4.000 | $29,935 | $31,957 |
| ONEOK PARTNERS LP - 4.900% - 0 | $35,176 | $38,131 |
| ORACLE CORP NOTE - 3.250% - 02 | $30,602 | $31,130 |
| PARK OHIO INDS INC-OHIO SER B | $12,003 | $11,646 |
| PENSKE AUTOMOTIVE GRP INC - 3. | $30,411 | $29,738 |
| PHELPS DODGE CORP - 9.500% - 0 | $28,951 | $35,940 |
| PITNEY BOWES INC - 4.700% - 04 | $66,880 | $71,415 |
| PROSPECT CAPITAL CORPORATION - | $30,114 | $31,297 |
| ROYAL CARIBBEAN CRUISES - 7.50 | $48,753 | $57,875 |
| SAFEWAY INC - 7.450% - 09/15/2 | $30,905 | $34,875 |
| SEAGATE HDD CAYMAN NOTE CALL - | $61,616 | $71,455 |
| SELECT INCOME REIT - 4.500% - | $9,549 | $10,543 |
| TENNECO PACKAGING INC - 7.950% | $24,757 | $27,625 |
| TENNECO PACKAGING INC - 8.375% | $24,032 | $27,801 |
| TENNESSEE GAS PIPELINE CO - 7. | $45,721 | $55,751 |
| UNDER ARMOUR INC - 3.250% - 06 | $22,588 | $24,690 |
| UNITED STEEL CORP SR NT - 6.65 | $96,007 | $112,459 |
| WELLS FARGO & CO - 4.250% - 08 | $30,320 | $30,064 |
| WINTRUST FINL CORP - 5.000% - | $25,514 | $26,382 |
| XEROX CORP - 6.750% - 12/15/20 | $27,654 | $31,220 |
| XPO CNW INC - 6.700% - 05/01/2 | $41,377 | $55,013 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (97 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ADOBE SYSTEMS, INC | $146,753 | $330,596 |
| ADVANCED MICRO DEVICES INC | $205,712 | $461,343 |
| AERCAP HOLDING N.V | $366,837 | $422,482 |
| AGNC INVESTMENT CORP CUML 6.87 | $26,135 | $28,336 |
| ALERIAN MLP ETF | $35,350 | $15,762 |
| ALLSTATE PFD SER H | $20,425 | $24,408 |
| ALPHABET INC CL A | $362,317 | $860,421 |
| AMAZON COM | $478,356 | $900,272 |
| AMERICAN ELECTRIC POWER INC | $162,618 | $196,891 |
| AMERICAN TOWER REIT INC | $130,399 | $201,533 |
| AMGEN INC | $171,719 | $228,570 |
| APOLLO GLOBAL MGMT LLC PFD SER | $26,702 | $25,600 |
| APPLE INC | $162,012 | $1,259,503 |
| APTIV PLC | $143,055 | $254,023 |
| AT&T, INC | $23,462 | $15,498 |
| BLACKROCK INC | $111,973 | $321,362 |
| BLACKROCK INNOVATION AND GROWT | $56,109 | $40,961 |
| BLOCK INC | $72,805 | $71,387 |
| BLOOM ENERGY CORP | $139,784 | $115,659 |
| BOOKING HOLDINGS INC | $113,694 | $143,954 |
| BROADCOM INC | $123,954 | $187,646 |
| CAMDEN PPTY TR | $33,160 | $60,215 |
| CATALENT INC | $105,447 | $156,965 |
| CENTENE CORP | $147,116 | $260,796 |
| CHEVRON CORP | $169,360 | $190,342 |
| CISCO SYSTEMS INC | $99,374 | $279,335 |
| CITIGROUP INC | $298,145 | $255,450 |
| CLARIVATE PLC | $243,009 | $241,386 |
| CONOCOPHILLIPS | $146,880 | $193,731 |
| CVS CAREMARK CORP | $179,000 | $243,973 |
| DANAHER CORP | $149,539 | $231,294 |
| EATON CORP PLC | $99,963 | $245,750 |
| ELECTRONIC ARTS | $46,211 | $59,091 |
| EQUINIX, INC | $137,939 | $271,515 |
| ERICKSON INC | $50,002 | $23 |
| ESTEE LAUDER COMPANIES INC | $37,298 | $203,610 |
| FEDEX CORPORATION | $63,391 | $66,988 |
| FERRELLGAS PARTNERS LP | $91,180 | $77,625 |
| FIRST FINANCIAL BANKSHARES, IN | $780,268 | $5,897,439 |
| FRONTIER COMMUNICATIONS PARENT | $87,908 | $72,162 |
| HALOZYME THERAPEUTICS, INC | $200,406 | $316,654 |
| HOME DEPOT INC | $91,299 | $276,812 |
| HONEYWELL INTL | $142,275 | $200,795 |
| INTUITIVE SURGICAL | $151,638 | $317,981 |
| INVITATION HOMES INC. | $33,780 | $51,597 |
| IQVIA HOLDINGS INC | $174,249 | $314,022 |
| ISHARES TRUST - ISHARES S&P GL | $98,762 | $76,720 |
| JOHNSON & JOHNSON | $112,032 | $252,499 |
| JP MORGAN CHASE | $120,507 | $399,992 |
| KLA TENCOR CORP | $41,886 | $197,420 |
| LAM RESEARCH CORP | $46,888 | $166,843 |
| LITHIA MOTORS INC CL A | $314,283 | $270,225 |
| LOCKHEED MARTIN CORP | $107,969 | $230,661 |
| LULULEMON ATHLETICA INC | $101,742 | $169,498 |
| MARKETAXESS HOLDINGS, INC | $116,820 | $111,043 |
| MARTIN MARIETTA MATLS INC | $225,291 | $289,862 |
| MASTERCARD INC | $262,570 | $338,479 |
| MCDONALD'S CORP | $102,744 | $219,549 |
| MEDTRONIC PLC | $167,036 | $192,727 |
| MERCK & CO INC | $179,186 | $257,127 |
| META PLATFORMS INC | $63,330 | $179,611 |
| MICROSOFT CORP | $444,104 | $1,492,923 |
| MONDELEZ INTERNATIONAL INC | $158,408 | $252,774 |
| NEXTERA ENERGY, INC | $101,897 | $176,824 |
| NIKE INC-CL B | $106,579 | $799,683 |
| NOVARTIS AG ADR | $124,396 | $173,803 |
| NUVEEN MLT STR I&G | $55,256 | $55,632 |
| NUVEEN PREFERRED AND INCOME TE | $49,761 | $51,760 |
| NUVEEN QUALITY PREFERRED INC F | $9,055 | $9,487 |
| NVIDIA CORP | $211,970 | $630,572 |
| PALO ALTO NETWORKS INC | $261,687 | $694,280 |
| PAYPAL HOLDINGS, INC | $468,327 | $416,007 |
| PEPSICO INC | $112,701 | $248,926 |
| PFIZER INC | $16,351 | $58,164 |
| PIMCO DYNAMIC INCOME FUND | $100,005 | $84,829 |
| PJT PARTNERS INC | $381 | $7,409 |
| PROCTER GAMBLE CO | $55,330 | $163,580 |
| QWEST CORP SR NOTES 6.500% - 0 | $28,186 | $27,907 |
| ROPER INDUSTRIES | $86,325 | $140,672 |
| SALESFORCE.COM | $533,045 | $708,769 |
| SIGNATURE BANK | $121,349 | $125,183 |
| SOUTHWEST AIRLINES | $143,104 | $131,819 |
| SPDR S&P BIOTECH ETF | $447,182 | $489,041 |
| SPLUNK INC | $101,746 | $78,574 |
| STARBUCKS CORP COM | $76,030 | $161,185 |
| STORE CAPITAL CORPORATION | $51,175 | $53,423 |
| TEXAS INSTRUMENTS INC | $32,140 | $188,470 |
| THE BLACKSTONE GROUP INC CL A | $233,998 | $867,301 |
| THE COCA-COLA CO | $125,213 | $172,834 |
| UNION PACIFIC | $137,553 | $169,801 |
| UNITEDHEALTH GROUP INC | $102,050 | $196,839 |
| VIATRIS ORD SHS | $900 | $1,651 |
| VISTRA CORP WTS EXP 02/02/2024 | $19,824 | $206 |
| WALT DISNEY HOLDINGS CO | $545,231 | $534,371 |
| WELLS FARGO & CO | $233,242 | $498,416 |
| WILLIAMS COS | $193,209 | $221,991 |
| WISDOMTREE INDIA | $4,052 | $7,296 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| State Local Sec Book Vl EOY | $22,757 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $26,651 | StateLocalSecEOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $56,809 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $58,646 | $58,646 | |
| ADMINISTRATIVE SET-UP FEES | $9,500 | $9,500 | |
| Bank Charges | $72 | $72 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Class Action Lawsuit Proceeds | Desc |
| Revenue And Expenses Per Books | $561 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $561 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $91,301 | Amt |
| Net Investment Income | $91,301 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2021 | $27,740 | |
| Foreign Tax Paid | $3,694 | $3,694 |
| IRS NOTICE FEE PAID | $146 |