RAY H MARR FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- RAY H MARR FOUNDATION (EIN 26-3172622)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-08-19
- IRS object ID
- 202532319349100413
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Sales Of Inventory List
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-08-19T12:07:30-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY ADVISORY GROUP LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17 COWBOYS WAY SUITE 800 | AddressLine1Txt |
| City | FRISCO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75034 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263172622 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RAY H MARR FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RAYH | BusinessNameControlTxt |
| Phone | 2147489614 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 325 N ST PAUL 2500 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUGLAS W BONNER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2147489614 | PhoneNum |
| Signature | 2025-05-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT HOUSE | PreparerPersonNm |
| PTIN | P00295756 | PTIN |
| Phone | 9727480300 | PhoneNum |
| Preparation | 2025-05-27 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $53,923,845 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $618,379 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $618,379 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,765,160 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,765,160 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $761,805 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,394,506 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $761,805 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $551,041 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $614,781 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | -$63,740 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $424,076 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $424,076 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,505,680 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,569,420 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $503,128 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $100,626 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $402,502 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $131,008 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $26,202 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $104,806 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $117,814 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $23,563 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $94,251 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $111,204 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $111,204 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $187,624 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $81,824 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,885 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $81,585 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $16,317 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $65,268 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $197,280 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $39,456 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $157,824 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,331,528 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $399,192 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $824,651 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $952,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $952,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,284,028 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $399,192 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,777,151 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,221,652 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,170,228 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,834,209 | CashBOYAmt |
| Cash EOY | $162,565 | CashEOYAmt |
| Cash EOYFMV | $162,565 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,837,408 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,840,698 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,840,698 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $9,772,904 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $11,715,544 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $11,715,544 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $34,014,840 | CorporateStockBOYAmt |
| Corporate Stock EOY | $34,183,729 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $34,183,729 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,946 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,946 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,946 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $13,196 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,909 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $11,172 | LandBOYAmt |
| Land EOY | $9,287 | LandEOYAmt |
| Land EOYFMV | $9,287 | LandEOYFMVAmt |
| Other Assets BOY | $2,942,573 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,009,076 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,009,076 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $51,416,052 | TotalAssetsBOYAmt |
| Total Assets EOY | $53,923,845 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $53,923,845 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,000 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,000 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $51,415,052 | RetainedEarningBOYAmt |
| Retained Earning EOY | $53,922,845 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $51,416,052 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $53,923,845 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $51,416,052 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $53,923,845 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $51,416,052 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,221,652 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,286,141 | OtherIncreasesAmt |
| Subtotal | $53,923,845 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $53,923,845 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| CAPITAL GAINS ML MARR O&G | 2024-11-04 | 2024-12-18 | $45,112 | $45,112 | $0 | $0 |
| CAPITAL GAINS MERRILL LYNCH | 2021-09-19 | 2024-12-31 | $7,097,031 | $6,337,615 | $759,416 | $759,416 |
| CAPITAL GAINS CHARLES SCHWAB | 2024-07-01 | 2024-07-01 | $252,363 | $249,974 | $2,389 | $2,389 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $761,805 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $44,066 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $44,066 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $44,066 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $64,800 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $64,800 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $20,734 | OverpaymentAmt |
| Applied To ES Tax | $20,734 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DOUGLAS W BONNER | IndividualWithBooksNm |
| Phone | 2147489614 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 325 N ST PAUL ST 2500 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| DOUGLAS W BONNER | ||||||||
| 325 N ST PAUL ST 2500 | DALLAS | TX | 75201 | PRESIDENT | 40.00 | $336,375 | $0 | $0 |
| CONNIE MORRIS | ||||||||
| 325 N ST PAUL ST 2500 | DALLAS | TX | 75201 | SECRETARY | 2.00 | $0 | $0 | $0 |
| ADAM REED | ||||||||
| 325 N ST PAUL ST 2500 | DALLAS | TX | 75201 | EXEC VP AND TREAS | 40.00 | $166,753 | $0 | $0 |
| HUGH AKIN | ||||||||
| 325 N ST PAUL ST 2500 | DALLAS | TX | 75201 | DIRECTOR | 2.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTINE L CURTIS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 325 N SAINT PAUL ST STE 2500 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | ADMINISTRATION | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $99,225 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY US LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 78975 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53278 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ACCOUNTING SERVICES | ServiceTypeTxt |
| Compensation | $107,650 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $44,648,246 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,764,652 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,021,309 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $54,434,207 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $54,434,207 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $816,513 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $53,617,694 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,680,885 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,680,885 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $44,066 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $44,066 | TotalTaxAmt |
| Distributable Before Adj | $2,636,819 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,636,819 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,636,819 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,777,151 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,777,151 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,636,819 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $929,431 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,777,151 | QualifyingDistributionsAmt |
| Applied To Year1 | $929,431 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $847,720 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,789,099 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| ANGELINA COLLEGE FOUNDATION | |||||||
| 3500 SOUTH FIRST ST | LUFKIN | TX | 75901 | PC | GENERAL SUPPORT CONTRIBUTION | $25,000 | |
| BOYS SCOUTS OF AMERICA | |||||||
| 8605 HARRY HINES BOULEVARD | DALLAS | TX | 75235 | PC | GENERAL SUPPORT CONTRIBUTION | $10,000 | |
| BUCKNER FOUNDATION | |||||||
| 700 NORTH PEARL STREET SUITE 1200 | DALLAS | TX | 75201 | PC | GENERAL SUPPORT CONTRIBUTION | $5,000 | |
| CHALLENGE AIR FOR KIDS & FRIENDS INC | |||||||
| 8001 LEMMON AVENUE HANGER 2 SUITE | DALLAS | TX | 75209 | PC | GENERAL SUPPORT CONTRIBUTION | $2,500 | 280 |
| CHASE'S PLACE SCHOLARSHIP FUND | |||||||
| 620 N COIT ROAD SUITE 2176 | RICHARDSON | TX | 75080 | PC | GENERAL SUPPORT CONTRIBUTION | $2,500 | |
| CLAYTON DABNEY FOUNDATION | |||||||
| 4300 MACARTHUR AVENUE STE 205 | DALLAS | TX | 75209 | PC | GENERAL SUPPORT CONTRIBUTION | $2,500 | |
| COLLIN COLLEGE FOUNDATION | |||||||
| 3452 SPUR 399 SUITE 429 | MCKINNEY | TX | 75069 | PC | GENERAL SUPPORT CONTRIBUTION | $150,000 | |
| HEROES FOR CHILDREN | |||||||
| 6010 W SPRING CREEK PKWY | PLANO | TX | 75024 | PC | GENERAL SUPPORT CONTRIBUTION | $2,500 | |
| KILGORE COLLEGE FOUNDATION | |||||||
| 1100 BROADWAY | KILGORE | TX | 75662 | PC | GENERAL SUPPORT CONTRIBUTION | $25,000 | |
| LENA POPE ORGANIZATION | |||||||
| 3200 SANGUINET STREET | FORT WORTH | TX | 76107 | PC | GENERAL SUPPORT CONTRIBUTION | $2,500 | |
| NORTHEAST TEXAS COMMUNITY COLLEGE FOUNDATION | |||||||
| PO BOX 1307 | MT PLEASANT | TX | 75456 | PC | GENERAL SUPPORT CONTRIBUTION | $25,000 | |
| PANOLA COLLEGE FOUNDATION | |||||||
| 1109 WEST PANOLA | CARTHAGE | TX | 75633 | PC | GENERAL SUPPORT CONTRIBUTION | $50,000 | |
| PARIS JUNIOR COLLEGE FOUNDATION | |||||||
| 2400 CLARKSVILLE STREET | PARIS | TX | 75460 | PC | GENERAL SUPPORT CONTRIBUTION | $25,000 | |
| RETINA FOUNDATION | |||||||
| 9600 N CENTRAL EXPY STE 200 | DALLAS | TX | 75382 | PC | GENERAL SUPPORT CONTRIBUTION | $25,000 | |
| SCOTTISH RITE FOR CHILDREN | |||||||
| 2222 WELBORN STREET | DALLAS | TX | 75219 | PC | GENERAL SUPPORT CONTRIBUTION | $25,000 | |
| SMU-IGNITED - LYLE UNDERGADUATE ENGINEERING | |||||||
| PO BOX 750402 | DALLAS | TX | 75275 | PC | GENERAL SUPPORT CONTRIBUTION | $200,000 | |
| TEXARKANA COLLEGE FOUNDATION | |||||||
| 2500 NORTH ROBISON ROAD | TEXARKANA | TX | 75599 | PC | GENERAL SUPPORT CONTRIBUTION | $25,000 | |
| TRINITY VALLEY CC FOUNDATION | |||||||
| 100 CARDINAL DRIVE | ATHENS | TX | 75751 | PC | GENERAL SUPPORT CONTRIBUTION | $150,000 | |
| TYLER ISD FOUNDATION | |||||||
| 807 W GLENWOOD BLVD | TYLER | TX | 75701 | PC | GENERAL SUPPORT CONTRIBUTION | $25,000 | |
| TYLER JUNIOR COLLEGE FOUNDATION | |||||||
| PO BOX 9020 | TYLER | TX | 75711 | PC | GENERAL SUPPORT CONTRIBUTION | $150,000 | |
| HOPE FARM INC | |||||||
| 865 EAST RAMSEY AVENUE | FORT WORTH | TX | 76104 | PC | GENERAL SUPPORT CONTRIBUTION | $25,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $952,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $618,379 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,765,160 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $761,805 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 211100 | BusinessCd |
| Unrelated Business Taxbl Incm | -$63,740 | UnrelatedBusinessTaxblIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OIL & GAS ROYALTY INCOME | Desc |
| Exclusion | 15 | ExclusionCd |
| Exclusion | $424,076 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$63,740 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,569,420 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,505,680 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL SERVICES | CategoryTxt |
| Amt | $111,204 | Amt |
| Net Investment Income | $111,204 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| OFFICE EQUIPMENT | 2020-06-30 | $2,899 | $828 | SL | 7.000000000000 | $414 | $0 |
| OFFICE EQUIPMENT | 2021-06-30 | $2,861 | $204 | SL | 7.000000000000 | $409 | $0 |
| PRIOR OFFICE EQUIPMENT | 2020-06-30 | $7,436 | $992 | SL | 7.000000000000 | $1,062 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MERRILL LYNCH INVESTMENTS-FUNDS/BONDS/EQUITIES | $29,064,739 | $29,064,739 |
| CHARLES SCHWAB INVESTMENTS-FUNDS/BONDS/EQUITIES | $5,118,990 | $5,118,990 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $11,715,544 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $11,715,544 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FEE LANDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $2,946 | BookValueAmt |
| EOYFMV | $2,946 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| OFFICE EQUIPMENT | $2,899 | $1,242 | $1,657 |
| OFFICE EQUIPMENT | $2,861 | $613 | $2,248 |
| PRIOR OFFICE EQUIPMENT | $7,436 | $2,054 | $5,382 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NET INTANGIBLE ASSETS | $1,771,399 | $1,773,613 | $1,773,613 |
| NET PAYABLES | -$2,375 | -$12,892 | -$12,892 |
| GHEENS NET ACQUISITION | $343,675 | $418,481 | $418,481 |
| MARR O&G LLC | $829,874 | $829,874 | $829,874 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| GENERAL OFFICE EXPENSES | $35,919 | $7,184 | $28,735 |
| INSURANCE | $161,361 | $32,272 | $129,089 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OIL & GAS ROYALTY INCOME | Desc |
| Revenue And Expenses Per Books | $424,076 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $424,076 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $424,076 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS ON FMV OF INVESTMENTS | Desc |
| Amt | $1,286,141 | Amt |
Sales Of Inventory List SalesOfInventoryList
Inventory Sale InventorySaleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | WORKING INTEREST-MARR O&G LLC | CategoryTxt |
| Gross Sales | $551,041 | GrossSalesAmt |
| Cost Of Goods Sold | $614,781 | CostOfGoodsSoldAmt |
| Net | -$63,740 | NetAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| AD VALOREM AND OTHER TAXES | $6,812 | $6,812 | $0 |
| PRODUCTION TAXES | $24,681 | $24,681 | $0 |
| STATE TAXES | $13,976 | $13,976 | $0 |
| FEDERAL INCOME TAX | $105,800 | $0 | $0 |
| ROYALTY DIRECT COSTS | $36,008 | $36,008 | $0 |
| FOREIGN WITHHOLDING | $347 | $347 | $0 |