JESSE W COUCH CHARITABLE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- JESSE W COUCH CHARITABLE FOUNDATION (EIN 81-1587228)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-10-06
- IRS object ID
- 202242799349100414
- Schema version
- 2021v4.2
- 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
- Compensation Explanation
- Depreciation Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-06T15:17:26-05:00 | 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 | 811587228 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jesse W Couch Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | JESS | 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 | sean couch | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-10-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | sean | PersonFirstNm |
| Person Last | couch | 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $49,916,001 | 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 | $1,195 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,195 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $740,916 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $740,738 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $329,071 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,446,840 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $333,758 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $12,617 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $12,617 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $12,617 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,083,799 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,088,308 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $12,617 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $120,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $120,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $9,180 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $9,180 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,019 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $4,019 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,835 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $2,835 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $540,098 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $143,871 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $396,227 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $41,512 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $22,384 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $3,533 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $169 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $169 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $369 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $369 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $203,926 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,558 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $198,368 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $925,641 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $171,813 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $731,167 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,944,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,944,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,869,641 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $171,813 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,675,167 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,785,842 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $916,495 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $12,617 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,838,253 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $593,330 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $593,330 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations EOY | $118,627 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $117,914 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $24,843,910 | CorporateStockBOYAmt |
| Corporate Stock EOY | $25,196,935 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $44,151,095 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,618,755 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,603,335 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,793,788 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $34,786 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,106 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $11,022 | LandBOYAmt |
| Land EOY | $30,680 | LandEOYAmt |
| Land EOYFMV | $30,680 | LandEOYFMVAmt |
| Other Assets BOY | $246,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $229,191 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $229,191 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $32,557,943 | TotalAssetsBOYAmt |
| Total Assets EOY | $30,772,101 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $49,916,001 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $32,557,943 | RetainedEarningBOYAmt |
| Retained Earning EOY | $30,772,101 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $32,557,943 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $30,772,101 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $32,557,943 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $30,772,101 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $32,557,943 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,785,842 | ExcessRevenueOverExpensesAmt |
| Subtotal | $30,772,101 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $30,772,101 | 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 | $1,446,840 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,113,082 | CostOrOtherBasisAmt |
| Gain Or Loss | $333,758 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $333,758 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $333,758 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,739 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $12,739 | SubtotalAmt |
| Tax Based On Investment Income | $12,739 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,300 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $4,600 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $12,900 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $17 | EsPenaltyAmt |
| Overpayment | $144 | OverpaymentAmt |
| Applied To ES Tax | $144 | 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 | FL | OrgReportOrRegisterStateCd |
| 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 |
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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| Sean Couch | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 30.0 | $120,000 | $0 | $0 |
| Larry Maddox | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Houston Trust Company | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 2.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Tectonic Video Inc | |||||
| 555 William St | River Forest | IL | 60305 | video production | $151,226 |
| Houston Trust Company | |||||
| 1001 Fannin Stuite 700 | Houston | TX | 77002 | investment & admin | $200,316 |
| Torrey Pines Bank | |||||
| 8379 Center DR | LA MESA | CA | 91942 | Investment Mgmt | $73,760 |
| Foundation Source | |||||
| 55 Walls Drive 3rd fl | FAIRFIELD | CT | 06824 | administrative | $94,094 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | VIDEO CREATION AND DISTRIBUTION- TO HIRE THIRD-PARTY SERVICE PROVIDERS TO CREATE VIDEO CONTENT OF THE PUBLIC CHARITIES THE FDN SUPPORTS, RAISING AWARENESS OF THOSE ENTITIES. | Description1Txt |
| Expenses1 | $110,600 | Expenses1Amt |
| Description2 | THE FARMLINK PROJECT- CONNECTS FARMERS TO FOOD BANKS, DELIVERING MILLIONS OF POUNDS OF FARM FRESH PRODUCE THAT WOULD OTHERWISE BE WASTED TO FEED FAMILIES IN NEED. | Description2Txt |
| Expenses2 | $75,000 | Expenses2Amt |
| Description3 | HOUSTON ARBORETUM - TO CREATE A VIDEO TO RAISE AWARENESS OF THE HOUSTON ARBORETUM & NATURE CENTER, A 155-ACRE NON-PROFIT URBAN NATURE SANCTUARY. | Description3Txt |
| Expenses3 | $66,226 | Expenses3Amt |
| Description4 | THE PAPER BEAR -AN ANIMATED FILM WILL BRING AWARENESS TO THE BIODIVERSITY FOUND IN FLORIDA PANHANDLE. EDUCATIONAL TOOL TO TEACH ABOUT ENVIRONMENTAL CONSERVATION & WILDLIFE HABITATS. | Description4Txt |
| Expenses4 | $63,366 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PORTFOLIO VISIONS- TO DEVELOP & LAUNCH PROJECT SCALEUP, ON ONLINE PLATFORM FOR PROJECT-BASED EDUCATIONAL MODELS WHICH WILL ASSIST TEACHERS & PARENTS IN PROJECT-BASED LEARNING. | Description1Txt |
| Expenses1 | $7,380 | Expenses1Amt |
| Total | $7,380 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $45,228,956 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,787,364 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $47,016,323 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $47,016,323 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $705,245 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $46,311,078 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,315,554 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,315,554 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,739 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,739 | TotalTaxAmt |
| Distributable Before Adj | $2,302,815 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $24,189 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,327,004 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,327,004 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,675,167 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $7,380 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $23,191 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,705,738 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,327,004 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $77,631 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Qualifying Distributions | $2,705,738 | QualifyingDistributionsAmt |
| Applied To Year1 | $77,631 | AppliedToYear1Amt |
| Applied To Current Year | $2,327,004 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $301,103 | RemainingDistriFromCorpusAmt |
| Total Corpus | $301,103 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $301,103 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $301,103 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (49 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AIR FORCE ENLISTED VILLAGE INC | |||||||
| 92 SUNSET LN | SHALIMAR | FL | 32579 | N/A | PC | Providing Safe and Secure Home to Surviving Spouse of retired enlisted united states airmen project | $25,000 |
| APPLESEED KIDS INC | |||||||
| 37 LOGAN LN STE 1 | SANTA RSA BCH | FL | 32459 | N/A | PC | Exploring Gulf Waters with 30A Sea-life Discoveries project | $50,000 |
| BETA FOUNDATION | |||||||
| 9701 ALMEDA GENOA RD | HOUSTON | TX | 77075 | N/A | PC | 21st Century Education program | $25,000 |
| BRENDA AND JOHN H DUNCAN RISE SCHOOL OF HOUSTON | |||||||
| 5618 H MARK CROSSWELL JR ST | HOUSTON | TX | 77021 | N/A | PC | Endowment Fund | $100,000 |
| CAMP ALLEN-CAMP AND CONFERENCE CENTER | |||||||
| 18800 FM 362 RD | NAVASOTA | TX | 77868 | N/A | PC | Discovery Program Herpetology Habitat & Learning Center | $25,000 |
| CENTER FOR HUMANE TECHNOLOGY | |||||||
| 77 VAN NESS AVE STE 101 1601 | SAN FRANCISCO | CA | 94102 | N/A | PC | General & Unrestricted | $100,000 |
| CONSERVATION DOGS COLLECTIVE INC | |||||||
| 2332 N 67TH ST | WAUWATOSA | WI | 53213 | N/A | PC | Sustainably Increasing CDCI's Environmental Impact project | $25,000 |
| DISCOVERY GREEN CONSERVANCY | |||||||
| 1500 MCKINNEY ST | HOUSTON | TX | 77010 | N/A | PC | Fitness in the Park | $10,000 |
| DONORSCHOOSE ORG | |||||||
| 134 W 37TH ST 11TH FL | NEW YORK | NY | 10018 | N/A | PC | Teachers Professional Development fund | $250,000 |
| ECHO HILL OUTDOOR SCHOOL INC | |||||||
| 13655 BLOOMINGNECK RD | WORTON | MD | 21678 | N/A | PC | Outdoor School Summer Explore Program | $25,000 |
| EDUCATED CHOICES PROGRAM INC | |||||||
| 1561 GREEN OAK CIR | LAWRENCEVILLE | GA | 30043 | N/A | PC | Educational Presentations - Power of Food Choices | $25,000 |
| EMERALD COAST WILDLIFE REFUGE INC | |||||||
| 3051 CLOPTONS CIR | NAVARRE | FL | 32566 | N/A | PC | Keeping Florida's Wildlife Wild | $50,000 |
| FARM AND CITY | |||||||
| PO BOX 171 | AUSTIN | TX | 78767 | N/A | PC | Texas Equitable Access and Mobility Coalition fund | $10,000 |
| FAYETTEVILLE COMMUNITY CENTER GROUP | |||||||
| 1488 FM 2503 | ELLINGER | TX | 78938 | N/A | PC | Community Center & Theater | $25,000 |
| FLORIDA KEYS CHILDRENS SHELTER INC | |||||||
| 73 HIGH POINT RD | TAVERNIER | FL | 33070 | N/A | PC | Resilience in Educational through Alternatives Learning methodologies (REALM) program | $5,000 |
| FREE2LUV INC | |||||||
| 4701 SW ADMIRAL WAY 378 | SEATTLE | WA | 98116 | N/A | PC | EXPRESS IT! | $10,000 |
| FUELED SCHOOLS INC | |||||||
| 2990 RICHMOND AVE STE 525 | HOUSTON | TX | 77098 | N/A | PC | FuelEd: Transforming Education Through Social-Emotional skill building for educators project | $15,000 |
| GIRLS INCORPORATED OF SAN ANTONIO | |||||||
| PO BOX 830700 | SAN ANTONIO | TX | 78283 | N/A | PC | Strong, Smart and Bold Programming fund | $5,000 |
| GLENWOOD CEMETERY HISTORIC PRESERVATION FOUNDATION | |||||||
| 2525 WASHINGTON AVE | HOUSTON | TX | 77007 | N/A | PC | Center for Glenwood | $25,000 |
| HERITAGE SOCIETY | |||||||
| 1100 BAGBY ST | HOUSTON | TX | 77002 | N/A | PC | Museum Gallery Renovation fund | $10,000 |
| HEROES AND HORSES INC | |||||||
| 1445 WEAVER RD | BELGRADE | MT | 59714 | N/A | PC | 2021 Heroes and Horses Program | $20,000 |
| HOUSTON BOTANIC GARDEN | |||||||
| 8205 N BAYOU DR | HOUSTON | TX | 77017 | N/A | PC | The Garden Support fund | $10,000 |
| HOUSTON PARKS BOARD | |||||||
| 300 N POST OAK LN | HOUSTON | TX | 77024 | N/A | PC | Conservation and Preservation Mission Work fund | $50,000 |
| INSTITUTE FOR HUMANE EDUCATION | |||||||
| PO BOX 260 | SURRY | ME | 04684 | N/A | PC | Solutionary Integration and Scale-Up project | $38,000 |
| KIDS MEALS INC | |||||||
| 330 GARDEN OAKS BLVD | HOUSTON | TX | 77018 | N/A | PC | Texas Winter Storm Hunger Relief fund | $25,000 |
| KIPP TEXAS INC | |||||||
| 10711 KIPP WAY DR | HOUSTON | TX | 77099 | N/A | PC | Rise Together Growth Campaign | $125,000 |
| LAWYERS FOR GOOD GOVERNMENT INC | |||||||
| 10685-B HAZEL HURST DR STE 19646 | HOUSTON | TX | 77043 | N/A | PC | L4GG Climate Change Program | $25,000 |
| MEMORIAL PARK CONSERVANCY INC | |||||||
| 7575 N PICNIC | HOUSTON | TX | 77007 | N/A | PC | Caring for Memorial Park: Houston's Healthy Habitat project | $25,000 |
| MENIL FOUNDATION INC | |||||||
| 1519 BRANARD ST | HOUSTON | TX | 77006 | N/A | PC | Writing at the Menil program | $25,000 |
| MOVING WATERS | |||||||
| 13831 CAMPWOOD LN | CYPRESS | TX | 77429 | N/A | PC | Mobile Showers and Hygiene Services fund | $25,000 |
| NOKUSE EDUCATION INC | |||||||
| 4956 STATE HWY 20 E | FREEPORT | FL | 32439 | N/A | PC | Terrace Under the Trees project | $116,000 |
| NOKUSE EDUCATION INC | |||||||
| 4956 STATE HWY 20 E | FREEPORT | FL | 32439 | N/A | PC | Charitable Event | $5,000 |
| NONPAREIL INSTITUTE | |||||||
| 5085 W PARK BLVD STE 700 | PLANO | TX | 75093 | N/A | PC | Workforce Development through Vocational Education | $25,000 |
| NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC | |||||||
| 100 COLLEGE BLVD E | NICEVILLE | FL | 32578 | N/A | PC | CBA Program | $256,000 |
| OUR CLIMATE EDUCATION FUND | |||||||
| 1 THOMAS CIR NW | WASHINGTON | DC | 20005 | N/A | PC | Resilience as Resistance: Mental Health & Climate activism (digital wellbeing) | $20,000 |
| POINT WASHINGTON MEDICAL CLINIC INC | |||||||
| 1290 N CO HWY 395 | SANTA ROSA BEACH | FL | 32459 | N/A | PC | Mobile Medical Clinic | $25,000 |
| REGIONAL FOOD BANK OF NORTHEAST FLORIDA INC | |||||||
| 1116 EDGEWOOD AVE N UNITS D/E | JACKSONVILLE | FL | 32254 | N/A | PC | SnackPack Program | $10,000 |
| SCENIC AMERICA | |||||||
| 727 15TH ST NW STE 1100 | WASHINGTON | DC | 20005 | N/A | PC | New Communication Director position fund | $25,000 |
| SCENIC CORRIDOR FOUNDATION INC | |||||||
| 755 GRAND BLVD STE B105 | MIRAMAR BEACH | FL | 32550 | N/A | PC | Scenic Walton License Plate Production fund | $99,000 |
| SEA TURTLE CONSERVANCY | |||||||
| 4581 NW 6TH ST STE A | GAINESVILLE | FL | 32609 | N/A | PC | Inspiring Conservation Stewardship on Florida's East coast | $10,000 |
| SOCIETY OF ST VINCENT DE PAUL ARCHDIOCESE OF GALVE | |||||||
| 2403 HOLCOMBE BLVD | HOUSTON | TX | 77021 | N/A | PC | General & Unrestricted | $10,000 |
| SUSTAINABLE FOOD CENTER INC | |||||||
| 2921 EAST 17TH STREET BLDG C | AUSTIN | TX | 78702 | N/A | PC | Farmers & Ranchers Relief Fund | $25,000 |
| THE 5 GYRES INSTITUTE | |||||||
| PO BOX 5699 | SANTA MONICA | CA | 90409 | N/A | PC | TrashBlitz Texas | $20,000 |
| THE CLIMATE CENTER | |||||||
| 1275 4TH ST 191 | SANTA ROSA | CA | 95404 | N/A | PC | Enhance Energy Resilience for Low-Income Communities | $25,000 |
| THE MONARCH SCHOOL INC | |||||||
| 2815 ROSEFIELD DR | HOUSTON | TX | 77080 | N/A | PC | General Operations, Programs and Services | $25,000 |
| URBAN HARVEST INC | |||||||
| 3302 CANAL ST 73 | HOUSTON | TX | 77003 | N/A | PC | Collaborative Network of Educators | $10,000 |
| VETPAW INC | |||||||
| 41 MADISON AVE STE 3100 | NEW YORK | NY | 10010 | N/A | PC | Operation: Force for Nature & Operation Rhino Rise | $15,000 |
| WOLF RIDGE ENVIRONMENTAL LEARNING CENTER | |||||||
| 6282 CRANBERRY RD | FINLAND | MN | 55603 | N/A | PC | Professional training program for a cohort of teachers | $15,000 |
| WORLD CENTRAL KITCHEN INCORPORATED | |||||||
| 200 MASSACHUSETTS AVE NW 7TH FL | WASHINGTON | DC | 20001 | N/A | PC | Texas Winter Storm Hunger Relief fund | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,944,000 | 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 | $1,195 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $740,916 | 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 | $329,071 | 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 | INTEREST INCOME FROM PRI | Desc |
| Related Or Exempt Function Incm | $12,617 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,071,182 | ExclusionAmt |
| Related Or Exempt Function Incm | $12,617 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,083,799 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11 | LineNumberTxt |
| Relationship Statement | see part VIII-B for a description of this program-related investment. | RelationshipStatementTxt |
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 | General Consultations | CategoryTxt |
| Amt | $2,835 | Amt |
| Disbursements Charitable Prps | $2,835 | DisbursementsCharitablePrpsAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (2 entries)
| Short ExplanationShortExplanationTxt |
|---|
| Larry Maddox |
| * LARRY MADDOX, TRUSTEE OF JESSE W. COUCH CHARITABLE FOUNDATION (THE "FOUNDATION"), IS A PARTNER AT THE ACCOUNTING FIRM OF MADDOX THOMSON & ASSOCIATES, A DISQUALIFIED PERSON WHICH PROVIDES ACCOUNTING SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING DECEMBER 31, 2021, THE FOUNDATION PAID $835 FOR ACCOUNTING SERVICES RENDERED BY SUCH DISQUALIFIED PERSON AS REPORTED IN FORM 990-PF, PART I, LINE 16B. SUCH ACCOUNTING FIRM BILLED THE FOUNDATION AT THE SAME RATE OR BELOW THE RATE IT CHARGES ITS OTHER CLIENTS. |
| Houston Trust Company |
| * Houston Trust Company, Trustee of Jesse W. Couch Charitable Foundation (The "Foundation"), is a disqualified person with respect to the foundation. During taxable year ending December 31, 2021, the foundation paid $200,316 to houston trust company for administration of foundation and investment management services as reported in form 990-PF, Part I, line 16c. |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt |
|---|---|---|---|---|---|---|---|
| CAMERA SONY ALPH 1 | 2021-06-30 | $7,007 | SL | 7 | $501 | $0 | |
| CAMERA SONY NAUTIC | 2021-09-30 | $4,416 | SL | 7 | $158 | $0 | |
| MACBOOK PRO | 2020-05-15 | $4,099 | SL | 5 | $820 | $0 | $478 |
| DRONE DJI MAVIC 3 | 2021-11-10 | $5,349 | SL | 7 | $127 | $0 | |
| EQUIP CAMERA &GEAR | 2020-10-27 | $3,998 | SL | 7 | $571 | $0 | $95 |
| CAMERA & GEAR | 2020-12-18 | $3,498 | SL | 7 | $500 | $0 | $0 |
| MONITOR PRO DISP X | 2021-04-29 | $6,419 | SL | 5 | $856 | $0 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PORTFOLIO VISIONS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 27 N MOORE STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2019-07-25 | GrantDt |
| Grant | $246,000 | GrantAmt |
| Purpose Of Grant | PRI LOAN - SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | PurposeOfGrantTxt |
| Any Diversion By Grantee | NO | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 05/01/2020, 04/10/2021 | DatesOfReportsByGranteeTxt |
| Results Of Verification | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. | ResultsOfVerificationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | IdentifierTxt |
| Form And Line Reference | FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | FormAndLineReferenceDesc |
| Medium Explanation | PRI RECIPIENT: PORTFOLIO VISIONS, INC DATE OF PRI: 7/25/2019 PURPOSE OF PRI: TO DEVELOP AND LAUNCH PROJECT SCALEUP, AN ONLINE PLATFORM TO COLLECT AND DISTRIBUTE PROJECT-BASED EDUCATIONAL MODELS WHICH WILL ASSIST TEACHERS AND HOMESCHOOLING PARENTS IN ADOPTING AND INTEGRATING PROJECT-BASED LEARNING INTO THEIR CLASSROOMS AND PROMOTE THE EDUCATIONAL DEVELOPMENT OF STUDENTS. REPORTS OF AMOUNTS EXPENDED: RECIPIENT HAS SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEARS INDICATED BELOW: DATE OF REPORT: 05/01/2020 FOR FYE 10/31/2019 DATE OF REPORT: 4/10/2021 FOR FYE 10/31/2020 THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 12/31/2021. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (17 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMAZON - 3.800% - 12/05/2024 | $256,724 | $268,147 |
| APPLE INC - 2.850% - 05/11/202 | $502,684 | $520,854 |
| AUTOMATIC DATA PROCESSING - 3. | $257,752 | $268,127 |
| BERKSHIRE HATHAWAY NOTE - 3.12 | $96,625 | $107,082 |
| DUKE ENERGY CO - 3.250% - 08/1 | $254,515 | $264,715 |
| EXXON MOBIL - 2.397% - 03/06/2 | $250,827 | $250,015 |
| JOHNSON & JOHNSON - 2.450% - 0 | $233,095 | $260,850 |
| MICROSOFT CORP - 2.650% - 11/0 | $250,832 | $253,938 |
| MIDAMERICAN ENERGY - 3.700% - | $257,586 | $259,703 |
| MIDAMERICAN ENERGY CO - 3.100% | $242,188 | $265,573 |
| NORTHERN STS PWR - 2.150% - 08 | $249,130 | $250,513 |
| PRECISION CASTPARTS - 3.250% - | $507,069 | $530,268 |
| PUBLIC SVC ENTERPRISE GROUP IN | $258,303 | $261,375 |
| SHELL INT'L FINANCE - 2.875% - | $237,500 | $265,320 |
| TOTAL CAPITAL CANADA LTD - 2.7 | $251,799 | $256,860 |
| TOYOTA MOTOR CREDIT CORP MTN - | $246,858 | $256,300 |
| WAL-MART STORES, INC BOND - 2. | $249,848 | $254,148 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (152 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M CO | $51,889 | $69,986 |
| ABBOTT LABS | $349,115 | $640,366 |
| ABBVIE INC | $103,727 | $200,798 |
| ADOBE SYSTEMS, INC | $290,517 | $597,114 |
| AIR PRODS & CHEM INC | $294,057 | $384,889 |
| AKAMAI TECH COM STK | $137,807 | $198,968 |
| ALCON INC | $84,137 | $117,612 |
| ALIBABA GROUP HOLDING LTD | $62,176 | $41,814 |
| ALLBIRDS INC | $26,636 | $15,080 |
| ALLIANZ SE | $90,634 | $164,987 |
| ALPHABET INC CL A | $53,265 | $141,955 |
| ALPHABET INC CL C | $536,996 | $1,258,711 |
| AMADEUS IT HLDS SA | $44,935 | $70,903 |
| AMAZON COM | $605,131 | $1,040,313 |
| AMERICAN EXPRESS CO | $139,350 | $211,698 |
| AMERICAN TOWER REIT INC | $50,471 | $52,650 |
| AMGEN INC | $61,926 | $61,642 |
| APPLE INC | $539,403 | $1,688,690 |
| ASML HOLDING NV NY REG SHS | $104,457 | $218,939 |
| AT&T, INC | $15,831 | $13,284 |
| AUTOMATIC DATA PROCESSING INC | $36,701 | $61,645 |
| BANCO BRADESCO S.A. SPONS ADR | $48,775 | $49,109 |
| BANCO DO BRASIL S A SPONSORED | $45,363 | $43,590 |
| BANCO SANTANDER BRASIL | $46,325 | $52,352 |
| BANK OF AMERICA CORP | $176,481 | $302,532 |
| BEST BUY INC | $47,444 | $91,440 |
| BLACKROCK INC | $234,754 | $406,509 |
| BRISTOL-MYERS SQUIBB CO | $100,276 | $117,031 |
| BROADRIDGE FINANCIAL | $69,380 | $91,410 |
| CANADIAN PACIFIC RAILWAY LTD | $69,552 | $80,933 |
| CHARLES RIV LABORATORIES INTL | $91,248 | $150,712 |
| CHEVRON CORP | $187,941 | $222,965 |
| CHINA CONSTRUCT UNSPON ADR | $99,875 | $88,994 |
| CHUNGHWA TELECOM | $50,797 | $58,292 |
| CINTAS CRP | $76,765 | $116,111 |
| CLARIVATE PLC | $44,481 | $47,040 |
| COMCAST CORP | $144,912 | $161,056 |
| COMERICA INC | $246,424 | $369,750 |
| CONOCOPHILLIPS | $105,022 | $213,220 |
| CSX CORP | $51,774 | $119,004 |
| CULLEN FROST BANKERS INC | $34,401 | $64,296 |
| CUMMINS INC | $48,812 | $85,511 |
| DANAHER CORP | $109,886 | $329,010 |
| DEVON ENERGY CORPORATION | $29,123 | $30,395 |
| DUKE ENERGY CO | $69,051 | $86,333 |
| ELECTRONIC ARTS | $58,898 | $79,800 |
| EMERSON ELECTRIC CO | $150,623 | $217,550 |
| EQUINOR ASA | $47,064 | $136,363 |
| ESTEE LAUDER COMPANIES INC | $197,329 | $364,647 |
| EVERSOURCE ENERGYINC | $57,146 | $60,866 |
| F M C CP | $67,473 | $102,747 |
| FORTESCUE METALS G ADR EA REPR | $52,410 | $122,189 |
| GETNET ADQUIRENCIA E SERVICOS | $2,588 | $1,705 |
| GLAXOSMITHKLINE PLC | $51,523 | $66,194 |
| HILTON WORLDWIDE HOLDINGS, INC | $37,669 | $115,589 |
| HOME DEPOT INC | $373,963 | $949,542 |
| HONEYWELL INTL | $94,259 | $135,532 |
| IBERDROLA ADR | $109,339 | $132,613 |
| IHS MARKIT LTD | $70,754 | $119,628 |
| ILLINOIS TOOL WORKS | $98,808 | $170,786 |
| INDUSTRIA DE DISENO | $52,144 | $74,247 |
| INTEL CORP | $58,066 | $62,521 |
| INTERCONTINENTAL EXCHANGE, INC | $139,699 | $188,059 |
| INTUIT | $142,351 | $273,369 |
| INTUITIVE SURGICAL | $166,408 | $242,528 |
| ITAU UNIBANCO HOLDING S.A | $75,709 | $64,864 |
| JOHNSON & JOHNSON | $85,491 | $111,880 |
| JP MORGAN CHASE | $374,258 | $542,824 |
| KAO CORP | $54,647 | $39,543 |
| KDDI CP UNSP ADR | $46,852 | $55,992 |
| KIMBERLY CLARK CORP | $89,362 | $97,614 |
| KINDER MORGAN INC | $56,954 | $55,510 |
| KONINKLIJKE AHOLD DELHAIZE NV | $55,196 | $83,867 |
| KONINKLIJKE PHILIPS ELECTRONIC | $106,110 | $117,588 |
| L'AIR LIQUIDE ADR OTC | $51,720 | $81,282 |
| L'OREAL ADR | $55,155 | $106,584 |
| LOCKHEED MARTIN CORP | $55,500 | $54,378 |
| MARATHON PETROLEUM CORP | $42,971 | $162,727 |
| MARRIOTT INTERNATIONAL INC. CL | $132,750 | $152,847 |
| MARTIN MARIETTA MATLS INC | $83,588 | $162,992 |
| MASIMO CORPORATION | $71,997 | $87,834 |
| MASTERCARD INC | $197,817 | $241,463 |
| MCCORMICK & CO | $53,991 | $73,424 |
| MCDONALD'S CORP | $54,962 | $92,752 |
| MERCK & CO INC | $172,702 | $227,468 |
| META PLATFORMS INC | $343,248 | $437,255 |
| MICROSOFT CORP | $1,020,374 | $2,254,688 |
| MOODYS CORP | $48,094 | $113,268 |
| NESTLE S.A | $150,526 | $178,972 |
| NETFLIX INC | $79,127 | $75,305 |
| NEXTERA ENERGY PARTNERS LP | $45,446 | $75,200 |
| NIKE INC-CL B | $235,786 | $476,343 |
| NINTENDO CO LTD ADR UNSPON | $53,662 | $77,399 |
| NOVO NORDISK A S | $158,245 | $276,864 |
| NVIDIA CORP | $52,349 | $309,404 |
| OIL CO LUKOIL PJSC SPON ADR RE | $42,993 | $81,089 |
| ORGANON & CO | $2,520 | $2,223 |
| OVERSEA-CHINESE ADR | $58,869 | $83,076 |
| PAYPAL HOLDINGS, INC | $71,708 | $92,404 |
| PELOTON INTERACTIVE, INC | $39,830 | $41,124 |
| PEPSICO INC | $202,871 | $301,213 |
| PERKIN ELMER INC | $66,857 | $197,039 |
| PINDUODUO INC | $47,940 | $78,763 |
| PINTEREST INC | $97,429 | $159,213 |
| PROCTER GAMBLE CO | $206,315 | $346,953 |
| PROGRESSIVE CORP OHIO | $148,959 | $156,541 |
| PT BANK CENTRAL ASIA TBK | $49,414 | $74,659 |
| QUALCOMM INC | $209,361 | $303,564 |
| RELX PLC | $48,462 | $89,351 |
| RIVIAN AUTOMOTIVE INC CL A | $85,965 | $88,137 |
| ROCHE HOLDING LTD ADR | $131,419 | $165,666 |
| ROCKWELL AUTOMATION INC | $157,254 | $282,569 |
| ROPER INDUSTRIES | $132,301 | $245,930 |
| S&P GLOBAL INC COM | $224,727 | $345,925 |
| SALESFORCE.COM | $158,553 | $225,159 |
| SANDVIK AB SPONS ADR | $48,882 | $113,980 |
| SBA COMMUNICATIONS CORP | $52,645 | $73,525 |
| SCHNEIDER ELEC UNSP/ADR | $49,269 | $128,766 |
| SHERWIN-WILLIAMS CO | $68,978 | $105,648 |
| SHIN-ETSU CHEMICAL C | $50,761 | $103,817 |
| SMITH & NEPHEW PLC ADR | $46,917 | $59,200 |
| SONY CORP ADR - OLD | $52,444 | $122,482 |
| SPROUT SOCIAL INC | $99,988 | $154,173 |
| STARBUCKS CORP COM | $171,738 | $313,597 |
| SWISS RE LTD ADR | $46,245 | $80,362 |
| SWISSCOM AG S/ADR | $38,713 | $40,115 |
| TAIWAN SEMICONDUCTOR MFG CO LT | $90,967 | $245,553 |
| TAKEDA PHARMACEUTICAL COMPANY | $46,060 | $49,109 |
| TENCENT HOLDINGS LIMITED | $100,875 | $136,772 |
| TESLA MOTORS INC | $121,833 | $528,390 |
| TEXAS INSTRUMENTS INC | $148,658 | $268,947 |
| THE COCA-COLA CO | $448,915 | $581,738 |
| THERMO FISHER SCIENTIFIC INC | $116,016 | $346,965 |
| TOTAL FINA ELF S.A | $44,902 | $94,023 |
| TRIMBLE NAV LTD | $29,415 | $72,368 |
| UNION PACIFIC | $301,966 | $483,706 |
| UNITEDHEALTH GROUP INC | $210,444 | $326,391 |
| US BANCORP | $86,122 | $117,957 |
| V F CORP | $92,712 | $90,061 |
| VANGUARD FTSE SOCIAL INDEX FUN | $4,693,752 | $9,493,825 |
| VANGUARD MID-CAP INDEX FD ADMI | $1,174,734 | $2,019,152 |
| VANGUARD SMALL CAP VALUE INDEX | $798,710 | $1,127,091 |
| VANGUARD TOTAL INT ST IDX-AD | $628,104 | $746,755 |
| VERISK ANALYTICS, INC | $69,225 | $85,774 |
| VERIZON COMMUNICATIONS | $106,686 | $102,257 |
| VISA INC | $493,741 | $677,218 |
| WALT DISNEY HOLDINGS CO | $110,501 | $174,871 |
| WASTE CONNECTIONS | $55,393 | $103,565 |
| WILLIAMS COS | $47,733 | $91,374 |
| XP INC CL A | $16,427 | $11,467 |
| ZOETIS INC | $125,001 | $276,974 |
| ZURICH INS GROU ADR | $86,590 | $108,284 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| State Local Sec Book Vl EOY | $118,627 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $117,914 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MINERAL INTEREST - BRAZORIA CT | $1 | $1 |
| MINERAL INTEREST - CALHOUN CTY | $1 | $1 |
| MINERAL INTEREST - VICTORIA CT | $1 | $1 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| CAMERA SONY ALPH 1 | $7,007 | $501 | $6,506 | $6,506 |
| CAMERA SONY NAUTIC | $4,416 | $158 | $4,258 | $4,258 |
| MACBOOK PRO | $4,099 | $1,298 | $2,801 | $2,801 |
| DRONE DJI MAVIC 3 | $5,349 | $127 | $5,222 | $5,222 |
| EQUIP CAMERA &GEAR | $3,998 | $666 | $3,332 | $3,332 |
| CAMERA & GEAR | $3,498 | $500 | $2,998 | $2,998 |
| MONITOR PRO DISP X | $6,419 | $856 | $5,563 | $5,563 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Document Review/Drafting | $500 | $500 |
| General Consultations | $3,519 | $3,519 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRI - PORTFOLIO VISIONS, INC | Desc |
| EOY Book Value | $229,191 | EOYBookValueAmt |
| EOYFMV | $229,191 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $94,094 | $94,094 | |
| Bank Charges | $5,558 | $5,558 | |
| Computers/Electronic Devices | $40,643 | $40,643 | |
| Equipment/Furniture Purchase | $29,118 | $29,118 | |
| FOUNDATION DUES & MEMBERSHIPS | $199 | $199 | |
| EQUIPMENT MAINTENANCE | $25,654 | $25,654 | |
| Office & Supplies | $4,737 | $4,737 | |
| PODCAST SOFTWARE & SUBSCR | $1,991 | $1,991 | |
| Postage/Delivery Service | $255 | $255 | |
| Website Hosting/Support | $1,677 | $1,677 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Interest Income from PRI | Desc |
| Revenue And Expenses Per Books | $12,617 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $12,617 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $12,617 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administration of Foundation | $130,206 | $130,206 | |
| Investment Management Services | $143,871 | $143,871 | |
| Philanthropic Consulting Srvcs | $20,000 | $20,000 | |
| VIDEO PRODUCTION SERVICES | $202,923 | $202,923 | |
| Website Development | $43,098 | $43,098 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2021 | $8,300 | |
| 990-PF Excise Tax for 2020 | $10,828 | |
| Foreign Tax Paid | $22,384 | $22,384 |