ISAAC I FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ISAAC I FOUNDATION (EIN 75-2965575)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-08-18
- IRS object ID
- 202002319349100500
- 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
- General Explanation Attachment
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-08-18T07:50:30-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 814898496 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHAVER GROSS CONSULTANTS PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5949 SHERRY LANE SUITE 950 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75225 | 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 | 752965575 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ISAAC I FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ISAA | BusinessNameControlTxt |
| Phone | 2149790553 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2602 MCKINNEY AVENUE NO 260 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RON RINARD | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 2149790553 | PhoneNum |
| Signature | 2020-08-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VALERI S GROSS | PreparerPersonNm |
| PTIN | P00351903 | PTIN |
| Phone | 2142956626 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 72.54.160.233 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-08-13 | IPDt |
| IP Tm | 13:15:36 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 99F9E41F70018EA2437A932CDDC861D15FE6B28E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2020-11-19 02:30:22Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,443,664 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $23,841 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $23,841 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $200,623 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $200,623 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $222,144 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,072,794 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $222,144 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $103 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $103 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $446,711 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $446,711 | 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 | $4,190 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,095 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,095 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $68,756 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $68,756 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $10,441 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,750 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $8,464 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $91,851 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $77,601 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,095 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $543,200 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $543,200 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $635,051 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $77,601 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $545,295 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$188,340 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $369,110 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prepaid Expenses BOY | $11,605 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $7,914 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $7,914 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $7,387,337 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,945,952 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,435,750 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $7,398,942 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,953,866 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,443,664 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $7,398,942 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,953,866 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,398,942 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,953,866 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,398,942 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,953,866 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,398,942 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$188,340 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $7,210,602 | SubtotalAmt |
| Other Decreases | $3,256,736 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,953,866 | 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 | $5,072,794 | GrossSalesPriceAmt |
| Cost Or Other Basis | $4,850,650 | CostOrOtherBasisAmt |
| Gain Or Loss | $222,144 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $222,144 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $222,144 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $425,447 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $8,285,628 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.051348 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $361,572 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $8,138,909 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.044425 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $330,120 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $7,565,787 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.043633 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $406,355 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $7,983,379 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.050900 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $401,191 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $8,087,646 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.049605 | DistributionYr5Rt |
| Total Distribution | 0.239911 | TotalDistributionRt |
| Average Distribution | 0.047982 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,780,407 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $373,319 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,691 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $377,010 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $545,295 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $3,691 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,691 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,691 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,605 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $11,605 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $7,914 | OverpaymentAmt |
| Applied To ES Tax | $7,914 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (1) | 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 | RON RINARD | IndividualWithBooksNm |
| Phone | 2149790553 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2602 MCKINNEY AVENUE SUITE 260 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Exempt Interest | $0 | TaxExemptInterestAmt |
| 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 |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| RONALD E RINARD | ||||||||
| 1208 PERDENALAS TRAILS | WESTLAKE | TX | 76262 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| CECILIA M RINARD | ||||||||
| 2312 CEDAR ELM TERRACE | WESTLAKE | TX | 76262 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| JOHN R STOIKA | ||||||||
| 1208 PERDENALAS TRAILS | WESTLAKE | TX | 76262 | DIRECTOR | 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 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 CRESCENT COURT SUITE 120 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVICE | ServiceTypeTxt |
| Compensation | $68,756 | 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 | $7,890,976 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $7,914 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,898,890 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,898,890 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $118,483 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,780,407 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $389,020 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $389,020 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,691 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,691 | TotalTaxAmt |
| Distributable Before Adj | $385,329 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $385,329 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $385,329 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $545,295 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $545,295 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $3,691 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $541,604 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $385,329 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $382,505 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $545,295 | QualifyingDistributionsAmt |
| Applied To Year1 | $382,505 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $162,790 | 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 | $222,539 | 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) |
|---|---|---|
| Contributing Manager | RONALD E RINARD | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BE THE DIFFERENCE FOUNDATION | |||||||
| PO BOX 540954 | DALLAS | TX | 75354 | NONE | PC | GENERAL PURPOSE OF THE DONEE | $15,000 |
| BUSHENYI ALLIANCE FOR RURAL HEALTH & DEV | |||||||
| PO BOX 702008 | TULSA | OK | 74170 | NONE | PC | GENERAL PURPOSE OF THE DONEE | $10,000 |
| CARSON'S CRUSADERS FOUNDATION | |||||||
| 906 W MCDERMOTT STE 116 BOX 325 | ALLEN | TX | 75013 | NONE | PC | GENERAL PURPOSE OF THE DONEE | $2,500 |
| ETERNAL WORD TV NETWORK | |||||||
| 5817 OLD LEEDS ROAD | IRONDALE | AL | 35210 | NONE | PC | GENERAL PURPOSE OF THE DONEE | $10,000 |
| GOOD SHEPHERD CATHOLIC COMMUNITY | |||||||
| 1000 TINKER ROAD | COLLEYVILLE | TX | 76034 | NONE | PC | GENERAL PURPOSE OF THE DONEE | $5,000 |
| KIDLINKS | |||||||
| 2904 FLYOD STREET | DALLAS | TX | 75204 | NONE | PC | GENERAL PURPOSE OF THE DONEE | $20,000 |
| LIVING WATER INTERNATIONAL | |||||||
| 4001 GREENBRIAR DRIVE | STAFFORD | TX | 77477 | NONE | PC | GENERAL PURPOSE OF THE DONEE | $25,000 |
| LSU FOUNDATION | |||||||
| 3796 NICHOLSON DRIVE | BATON ROUGE | LA | 70802 | NONE | PC | RONALD & CECILIA RINARD SCHOLARSHIP | $151,200 |
| MARIETTA COLLEGE | |||||||
| 215 FIFTH STREET | MARIETTA | OH | 45750 | NONE | PC | MUSIC THERAPY PROGRAM, GENERAL FUND | $260,000 |
| MEMORIAL BONE & JOINT FOUNDATION | |||||||
| 10496 KATY FREEWAY SUITE 101 | HOUSTON | TX | 77043 | NONE | PC | GENERAL PURPOSE OF THE DONEE | $1,000 |
| NORTHERN TEXAS PGA FOUNDATION | |||||||
| 17201 PRESTON TRAIL DRIVE | DALLAS | TX | 75248 | NONE | PC | SUPPORT OF THE SPORT | $2,500 |
| THE CLARIDEN SCHOOL | |||||||
| 100 CLARIDEN RANCH ROAD | SOUTHLAKE | TX | 76092 | NONE | PC | GENERAL PURPOSE OF THE DONEE | $10,000 |
| THE DALLAS FOUNDATION | |||||||
| 3963 MAPLE AVENUE STE 390 | DALLAS | TX | 75219 | NONE | PC | PTGC SCHOLARSHIP FUND | $1,000 |
| WASHINGTON UNIVERSITY | |||||||
| ONE BROOKINGS DRIVE | SAINT LOUIS | MO | 63130 | NONE | PC | UNDERGRADUATE RESEARCH SCHOLARSHIP | $30,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $543,200 | 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 | $23,841 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $200,623 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $103 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $222,144 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $446,711 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $446,711 | 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 | ACCOUNTING FEES | CategoryTxt |
| Amt | $4,190 | Amt |
| Net Investment Income | $2,095 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,095 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUBSTANTIAL CONTRACTION STMT | IdentifierTxt |
| Form And Line Reference | FORM 990PF, PG 4, PART VII-A, Q5 | FormAndLineReferenceDesc |
| Medium Explanation | THE FOUNDATION TRANSFERRED APPROXIMATELY 50% OF ITS ASSET VALUE TO ANOTHER ORGANIZATION, LAR FOUNDATION, UNDER A DIVISION AND ALLOCATION AGREEMENT EFFECTIVE DECEMBER 31, 2019. A SIGNED COPY OF THE AGREEMENT IS ATTACHED TO THE TAX RETURN. THE ASSETS TRANSFERRED WERE COMPRISED OF SECURITIES SUCH AS STOCKS AND BONDS HELD IN THE FOUNDATION'S MORGAN STANLEY BROKERAGE ACCOUNTS. THE FAIR MARKET VALUE OF THE SECURITIES TRANSFERRED WAS APPROXIMATELY $3,760,000. LAR FOUNDATION'S ADDRESS IS 2312 CEDAR ELM TERRACE, WESTLAKE, TX 76262. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SECURITIES, BONDS, & OTHER MARKET INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $3,945,952 | BookValueAmt |
| EOYFMV | $4,435,750 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TRANSFER OF ASSETS UNDER DIVISION AND ALLOCATION AGREEMENT DTD 12/31/2019 | Desc |
| Amt | $3,256,736 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MISCELLANEOUS FEES | $326 | $0 | $0 |
| NONDEDUCTIBLE EXPENSES | $8,138 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SETTLEMENT INCOME | Desc |
| Revenue And Expenses Per Books | $103 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $103 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $103 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISOR FEES | CategoryTxt |
| Amt | $68,756 | Amt |
| Net Investment Income | $68,756 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $6,750 | $6,750 | $0 |
| FEDERAL EXCISE TAX | $3,691 | $0 | $0 |