SNELL CHARITABLE FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- SNELL CHARITABLE FOUNDATION INC (EIN 75-2707017)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-06-23
- IRS object ID
- 202021759349100722
- Schema version
- 2019v5.1
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-06-23T14:34:17-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 810753316 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Moore Truelove Pharis Meyers Marsh PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1331 | AddressLine1Txt |
| City | Vernon | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76385 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752707017 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Snell Charitable Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SNEL | BusinessNameControlTxt |
| Phone | 9405525481 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1331 | AddressLine1Txt |
| City | Vernon | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 763851331 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ann Bumstead | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 6353851594 | PhoneNum |
| Signature | 2020-06-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | John T Truelove | PreparerPersonNm |
| PTIN | P00158687 | PTIN |
| Phone | 9405525481 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $4,561,311 | 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 | $6,611 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,611 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $76,600 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $76,600 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,139 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $104,019 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,139 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $938 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $938 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $85,288 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $85,288 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,290 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,645 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,645 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $23,016 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $23,016 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,227 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $33,533 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $27,661 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,645 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $193,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $193,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $226,533 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $27,661 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $197,645 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$141,245 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $57,627 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $1 | CashEOYAmt |
| Cash EOYFMV | $1 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,019,159 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $982,531 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $982,531 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $2,422 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $3,577 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $2,422 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $2,422 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $1,403,960 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,401,080 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,335,333 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $297,888 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $196,171 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $200,303 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $67,400 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $67,400 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $40,721 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,791,984 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,649,605 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,561,311 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,207 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $73 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,207 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $73 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $2,790,777 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $2,649,532 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,790,777 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,649,532 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,791,984 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,649,605 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,790,777 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$141,245 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,649,532 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,649,532 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| Garrett Motion Inc. | 2008-04-22 | 2019-12-05 | $1,264 | $782 | $482 | $482 | |
| Residio Technologies, Inc. | 2008-04-22 | 2019-12-05 | $1,966 | $2,098 | -$132 | -$132 | |
| Morgan Stanley | 2018-12-12 | 2019-09-23 | $100,000 | $100,000 | $0 | $0 | |
| Capital Gains Dividends | $789 | $789 | $789 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,139 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $154,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $3,732,786 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.041256 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $102,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,092,817 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.032980 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,091,991 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,738,900 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.627978 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $77,320 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,722,962 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.044876 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $87,641 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,711,487 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.051208 | DistributionYr5Rt |
| Total Distribution | 0.798298 | TotalDistributionRt |
| Average Distribution | 0.159660 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,944,296 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $629,746 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $576 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $630,322 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $197,645 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,153 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,153 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,153 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,080 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,080 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $73 | TaxDueAmt |
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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | 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 | Moore Truelove Pharis Meyers M | IndividualWithBooksNm |
| Phone | 9405525481 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1331 | AddressLine1Txt |
| City | Vernon | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 763851331 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| Ann S Bumstead | ||||||||
| 2311 Woodmont Blvd | Nashville | TN | 372151419 | Sec.-Treasurer | 5.00 | $0 | $0 | $0 |
| Sara Jane Wood | ||||||||
| 2021 Taft Blvd | Wichita Falls | TX | 76301 | First V. P. | 0.00 | $0 | $0 | $0 |
| Robert D Snell | ||||||||
| 302 Frankfort | Lubbock | TX | 79401 | President | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Gifts and bequests to other 501 (c) 3 organizations to further a variety of charitable, educational, cultural and scientific activities. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $3,029,629 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $974,732 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,004,361 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,004,361 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $60,065 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,944,296 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $197,215 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $197,215 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,153 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,153 | TotalTaxAmt |
| Distributable Before Adj | $196,062 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $196,062 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $196,062 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $197,645 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $197,645 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $197,645 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $196,062 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $843,338 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $843,338 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $197,645 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $196,062 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,583 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $844,921 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $844,921 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $843,338 | ExcessFromYear3Amt |
| Excess From Current Year | $1,583 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Boys & Girls Club of Vernon | |||||||
| PO Box 1785 | Vernon | TX | 763851785 | None | PC | To further the exempt purpose of the entity | $45,000 |
| Faith Refuge - Wichita Falls Faith Mission | |||||||
| 710 E Hatton Road | Wichita Falls | TX | 76302 | None | PC | To further the exempt purpose of the entity | $5,000 |
| Interfaith Ministries Inc | |||||||
| 1101 11th Street | Wichita Falls | TX | 76301 | None | PC | To further the exempt purpose of the entity | $4,000 |
| Lubbock EntertainmentPerforming Arts Association | |||||||
| 1500 Broadway Street | Lubbock | TX | 79401 | None | PC | To further the exempt purpose of the entity | $25,000 |
| Midwestern State University | |||||||
| 3410 Taft | Wichita Falls | TX | 76308 | None | PC | To further the exempt purpose of the entity | $2,500 |
| Nashvill Opra | |||||||
| 3622 Redmon Street | Nashville | TN | 37209 | None | PC | To further the exempt purpose of the entity | $6,500 |
| Rathgerber Hospitality House | |||||||
| 1615 12th Street | Wichita Falls | TX | 76301 | None | PC | To further the exempt purpose of the entity | $5,000 |
| Red River Valley Museum | |||||||
| 4600 College Drive | Vernon | TX | 76384 | None | PC | To further the exempt purpose of the entity | $20,000 |
| River Bend Nature Center | |||||||
| 2200 3rd Street | Wichita Falls | TX | 76301 | None | PC | To further the exempt purpose of the entity | $2,500 |
| Texoma Alliance to Stop Abuse | |||||||
| PO Box 593 | Vernon | TX | 76385 | None | PC | To further the exempt purpose of the entity | $7,500 |
| Vernon College Foundation | |||||||
| 4400 College Drive | Vernon | TX | 76384 | None | PC | To further the exempt purpose of the entity | $10,000 |
| Wichit Falls Symphony Orchastra | |||||||
| 1300 Lamar | Wichita Falls | TX | 76301 | None | PC | To further the exempt purpose of the entity | $5,000 |
| Wichita Falls Area Food Bank | |||||||
| PO Box 623 | Wichita Falls | TX | 763070623 | None | PC | To further the exempt purpose of the entity | $10,000 |
| Wilbarger County United Fund | |||||||
| PO Box 1523 | Vernon | TX | 763851523 | None | PC | To further the exempt purpose of the entity | $15,000 |
| PETS Low Cost Spay & Neuter Clinic | |||||||
| PO Box 4669 | Wichita Falls | TX | 76308 | None | PC | To further the exempt purpose of the entity | $20,000 |
| Texas Scottish Rite Hospital for Children | |||||||
| 2222 Welborn Street | Dallas | TX | 75219 | None | PC | To further the exempt purpose of the entity | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $193,000 | 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) |
|---|---|---|
| Related Or Exempt Function Incm | $6,611 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $76,600 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 211110 | BusinessCd |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $938 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,139 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $85,288 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $85,288 | 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 | 4 | LineNumberTxt |
| Relationship Statement | Investment income used to provide the organization with funds to make gifts and bequests to other 501 (c)(3) organizations | RelationshipStatementTxt |
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 | Moore, Truelove, Pharis, Meyers & Marsh | CategoryTxt |
| Amt | $9,290 | Amt |
| Net Investment Income | $4,645 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,645 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Fidelity - Corporate Bonds | BondNm |
| EOY Book Value | $196,171 | EOYBookValueAmt |
| EOYFMV | $200,303 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Fidelity Investments - Corporate Stocks | $1,125,989 | $3,108,295 |
| Unrealized Fair Market Value over Cost - Donated Stock | $90,220 | $0 |
| Prudential Stock | $184,871 | $227,038 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Fidelity Investments - Mutual Funds | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $67,400 | BookValueAmt |
| EOYFMV | $40,721 | EOYFMVAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Oil Royalties | $915 | $915 | $915 |
| Patronage Dividends | $23 | $23 | $23 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Payroll Taxes Payable | $1,206 | $0 |
| Excise Tax Payable | $1 | $73 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Thomas Wright Asset Management | CategoryTxt |
| Amt | $23,016 | Amt |
| Net Investment Income | $23,016 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Excise tax on Investment Income | $1,153 | $0 | $0 |
| Foreign Tax | $74 | $0 | $0 |