STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

JACK & BEVERLY RANDALL FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
JACK & BEVERLY RANDALL FOUNDATION INC (EIN 20-2002241)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-14
IRS object ID
202101349349101330
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-14T10:38:51-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN760295466PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WILLIAM OTTEN & COBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line112777 JONES RD STE 235AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP770704668ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN202002241EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JACK & BEVERLY RANDALL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJACKBusinessNameControlTxt
Phone2813792015PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13333 ALLEN PARKWAY 2001AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJACK P RANDALLPersonNm
Person TitlePRES & CEOPersonTitleTxt
Phone2813792015PhoneNum
Signature2021-05-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJACKPersonFirstNm
Person LastRANDALLPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLORI CURTISPreparerPersonNm
PTINP00296904PTIN
Phone2814691183PhoneNum
Preparation2021-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$418,055FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$5,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$49InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$49InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$49InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$25,697DividendsRevAndExpnssAmt
Dividends Net Invst Incm$25,697DividendsNetInvstIncmAmt
Dividends Adj Net Incm$25,697DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$14,741NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$14,741GrossSalesPriceAmt
Total Rev And Expnss$45,487TotalRevAndExpnssAmt
Total Net Invst Incm$25,746TotalNetInvstIncmAmt
Total Adj Net Incm$25,746TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$783AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$584TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,367TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$52,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$52,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$53,367TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$52,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$7,880ExcessRevenueOverExpensesAmt
Net Investment Income$25,746NetInvestmentIncomeAmt
Adjusted Net Income$25,746AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$36,394CashBOYAmt
Cash EOY$116,399CashEOYAmt
Cash EOYFMV$116,399CashEOYFMVAmt
Corporate Stock BOY$690,798CorporateStockBOYAmt
Corporate Stock EOY$602,913CorporateStockEOYAmt
Corporate Stock EOYFMV$301,656CorporateStockEOYFMVAmt
Total Assets BOY$727,192TotalAssetsBOYAmt
Total Assets EOY$719,312TotalAssetsEOYAmt
Total Assets EOYFMV$418,055TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$727,192RetainedEarningBOYAmt
Retained Earning EOY$719,312RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$727,192TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$719,312TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$727,192TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$719,312TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$727,192TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$7,880ExcessRevenueOverExpensesAmt
Subtotal$719,312SubtotalAmt
Tot Net Ast Or Fund Balances EOY$719,312TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$358InvestmentIncomeExciseTaxAmt
Subtotal$358SubtotalAmt
Tax Based On Investment Income$358TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$544EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$544TotalPaymentsAndCreditsAmt
Overpayment$186OverpaymentAmt
Applied To ES Tax$186AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJACK RANDALLIndividualWithBooksNm
Phone8325469222PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13333 ALLEN PARKWAY 2001AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77019ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JACK P RANDALL
3333 ALLEN PARKWAY 2001HOUSTONTX77019PRES & CEO1.00$0$0$0
BEVERLY RANDALL
3333 ALLEN PARKWAY 2001HOUSTONTX77019VICE PRES1.00$0$0$0
JACLYN RANDALL
3333 ALLEN PARKWAY 2001HOUSTONTX77019DIRECTOR0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$646,855AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$76,397AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$723,252TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$723,252AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,849CashDeemedCharitableAmt
Net Vl Noncharitable Assets$712,403NetVlNoncharitableAssetsAmt
Minimum Investment Return$35,620MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$35,620MinimumInvestmentReturnAmt
Tax Based On Investment Income$358TaxBasedOnInvestmentIncomeAmt
Total Tax$358TotalTaxAmt
Distributable Before Adj$35,262DistributableBeforeAdjAmt
Distributable Before Ded$35,262DistributableBeforeDedAmt
Distributable As Adjusted$35,262DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$52,000ExpensesAndContributionsAmt
Qualifying Distributions$52,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$52,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$35,262DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$34,030ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$34,102ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$68,665ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$24,202ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$29,488ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$190,487TotalExcessDistributionCyovAmt
Qualifying Distributions$52,000QualifyingDistributionsAmt
Applied To Current Year$35,262AppliedToCurrentYearAmt
Remaining Distri From Corpus$16,738RemainingDistriFromCorpusAmt
Total Corpus$207,225TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$34,030ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$173,195ExcessDistriCyovToNextYrAmt
Excess From Year4$34,102ExcessFromYear4Amt
Excess From Year3$68,665ExcessFromYear3Amt
Excess From Year2$24,202ExcessFromYear2Amt
Excess From Year1$29,488ExcessFromYear1Amt
Excess From Current Year$16,738ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
UNIVERSITY OF TEXAS
1 UNIVERSITY STATION C210AUSTINTX787120284CLASSROOM$35,000
MD ANDERSON
PO BOX 301439HOUSTONTX77230ENDOWMENT$17,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$52,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$49RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$25,697RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$14,741RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$40,487RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$40,487TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonJULIA DOERLEContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line19229 OLD SAN ANTONIO RDAddressLine1Txt
CityFREDERICKSBURGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78624ZIPCd
FieldValueIRS element (for citing)
Total Contributions$5,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryWILLIAM OTTEN & COCategoryTxt
Amt$783Amt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
AssetCALL EXXONAssetDesc
Acquired2020-01AcquiredDt
How AcquiredPURCHASEHowAcquiredTxt
Sold2020-01SoldDt
Gross Sales Price$14,741GrossSalesPriceAmt
Total Net$14,741TotalNetAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
10 SHRS CONOCO PHILLIPS$507$400
5 SHRS PHILLIPS 66$151$350
7300 SH EXXON MOBIL$602,255$300,906
UBS SELECT GOVT INV FUND

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$584Amt