TOWN BRANCH FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- TOWN BRANCH FOUNDATION (EIN 82-3575662)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-10-18
- IRS object ID
- 202002929349100300
- 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
- Schedule B
- Depreciation Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-18T12:59:37-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALTON ENTERPRISES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1860 | AddressLine1Txt |
| City | BENTONVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72712 | 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 | 823575662 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TOWN BRANCH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % TIM KEITH | InCareOfNm |
| Business Name Control | TOWN | BusinessNameControlTxt |
| Phone | 4794641570 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1860 | AddressLine1Txt |
| City | BENTONVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72712 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT A SMITH | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 4794641500 | PhoneNum |
| Signature | 2020-07-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KENT C CROUCH | PreparerPersonNm |
| PTIN | P00810750 | PTIN |
| Phone | 4794641500 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 98.187.134.59 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 71504120202925000004 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-10-18 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | C5CE2CB6658C0656BD6A6450AE8954D5EA3DB667 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | C5CE2CB6658C0656BD6A6450AE8954D5EA3DB667 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $562,237,517 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $21,077,911 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $14,465,807 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $14,465,807 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,127,967 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $30,925,595 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,127,967 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$47,488 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$47,488 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $37,624,197 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $16,546,286 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $48,575 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $48,575 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $264,685 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $145,770 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $118,915 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $25 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $25 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $627,357 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $627,357 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $2,092 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,088 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $942,734 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $773,156 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $169,578 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $12,015,525 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $12,015,525 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $12,958,259 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $773,156 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $12,185,103 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $24,665,938 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $15,773,130 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $110,693 | CashBOYAmt |
| Cash EOY | $191,795 | CashEOYAmt |
| Cash EOYFMV | $191,795 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $474,880,994 | SavAndTempCashInvstBOYAmt |
| Acct Rcvbl | $124,617 | AcctRcvblAmt |
| Acct Rcvbl BOY | $671,533 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $124,617 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $124,617 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl | $400,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl EOY | $400,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $400,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Other Investments EOY | $499,028,950 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $557,996,393 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $977,000 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $977,000 | LandBOYAmt |
| Land EOY | $977,000 | LandEOYAmt |
| Land EOYFMV | $977,000 | LandEOYFMVAmt |
| Other Assets BOY | $1,963,916 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,547,712 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,547,712 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $478,604,136 | TotalAssetsBOYAmt |
| Total Assets EOY | $503,270,074 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $562,237,517 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $478,604,136 | RetainedEarningBOYAmt |
| Retained Earning EOY | $503,270,074 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $478,604,136 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $503,270,074 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $478,604,136 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $503,270,074 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $478,604,136 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $24,665,938 | ExcessRevenueOverExpensesAmt |
| Subtotal | $503,270,074 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $503,270,074 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,127,967 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $4,144,742 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $184,871,397 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.02242 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $0 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $405,286 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.0 | DistributionYr2Rt |
| Total Distribution | 0.02242 | TotalDistributionRt |
| Average Distribution | 0.01121 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $498,601,099 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $5,589,318 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $157,731 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $5,747,049 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $13,168,899 | 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 | $157,731 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $157,731 | SubtotalAmt |
| Tax Based On Investment Income | $157,731 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $251,435 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $251,435 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $93,704 | OverpaymentAmt |
| Applied To ES Tax | $93,704 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIM KEITH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4794641570 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1860 | AddressLine1Txt |
| City | BENTONVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72712 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JIM C WALTON | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | DIRECTOR; CO-PRESIDENT | 2.0 | $0 | $0 | $0 |
| LYNNE M WALTON | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | DIRECTOR; CO-PRESIDENT | 2.0 | $0 | $0 | $0 |
| ROBERT A SMITH | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | TREASURER | 2.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NORTHERN TRUST | |||||
| 50 SOUTH LASALLE STREET | CHICAGO | IL | 60603 | INVESTMENTS | $145,770 |
| WALTON ENTERPRISES LLC | |||||
| PO BOX 2030 | BENTONVILLE | AR | 72712 | MANAGEMENT SERVICES | $98,609 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ACADEMY OF SEMINOLE CHARTER SCHOOL | Description1Txt |
| Expenses1 | $400,000 | Expenses1Amt |
| Total | $400,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $460,178,706 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $46,015,303 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $506,194,009 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $506,194,009 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,592,910 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $498,601,099 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $24,930,055 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $24,930,055 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $157,731 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $157,731 | TotalTaxAmt |
| Distributable Before Adj | $24,772,324 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $24,772,324 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $24,772,324 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $12,185,103 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $400,000 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $583,796 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $13,168,899 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $157,731 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $13,011,168 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $24,772,324 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,678,038 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,678,038 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $13,168,899 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $13,168,899 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $4,678,038 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $4,678,038 | ExcessDistributionCyovAppCYAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $6,925,387 | UndistributedIncomeCYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JIM C WALTON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CENTER FOR YOUTH AND FAMILIES INC | ||||||
| 5905 FOREST PLACE SUITE 200 | LITTLE ROCK | AR | 72225 | PC | COMMUNITY DEVELOPMENT | $15,500 |
| CITY CONNECTIONS INC | ||||||
| 10411 W MARKHAM STREET SUITE 100 | LTTLE ROCK | AR | 72205 | PC | HEALTHCARE | $5,000 |
| CRYSTAL BRIDGES MUSEUM OF AMERICAN ART | ||||||
| 600 MUSEUM WAY | BENTONVILLE | AR | 72712 | PC | ARTS & CULTURE | $11,500,000 |
| GRAYSON COUNTY COLLEGE FOUNDATION | ||||||
| 6101 GRAYSON DRIVE | DENISON | TX | 75020 | PC | EDUCATION | $9,375 |
| GRAYSON COUNTY SHELTER | ||||||
| 331 WEST MORTON STREET | DENISON | TX | 75020 | PC | HOUSING/SHELTER/FOOD | $9,375 |
| HABITAT FOR HUMANITY | ||||||
| PO BOX 2725 | SHERMAN | TX | 75091 | PC | HOUSING/SHELTER/FOOD | $9,375 |
| HOME HOSPICE OF GRAYSON COUNTY | ||||||
| PO BOX 2306 | SHERMAN | TX | 75091 | PC | HEALTHCARE | $9,375 |
| UNDER GRACE MINISTRIES | ||||||
| 5905 FOREST PLACE SUITE 200 | LITTLE ROCK | AR | 72225 | PC | COMMUNITY DEVELOPMENT | $12,000 |
| COOKSON HILLS CHRISTIAN SCHOOL INC | ||||||
| 60416 HIGHWAY 10 | KANSAS | OK | 74347 | PC | EDUCATION | $40,000 |
| HERITAGE FOUNDATION | ||||||
| 214 MASSACHUSETTS AVENUE NE | WASHINGTON | DC | 20002 | PC | GENERAL OPERATING SUPPORT | $5,000 |
| INSTITUTE FOR HUMANE STUDIES | ||||||
| 3434 WASHINGTON BLVD | ARLINGTON | VA | 22201 | PC | COMMUNITY DEVELOPMENT | $40,000 |
| AMERICAN ENTERPISE INSTITUTE FOR PUBLIC POLICY | ||||||
| 1789 MASSACHUSETTS AVENUE NW | WASHINGTON | DC | 20036 | PC | GENERAL OPERATING SUPPORT | $100,000 |
| CATO INSTITUTE | ||||||
| 1000 MASSACHUSETTS AVENUE NW | WASHINGTON | DC | 20001 | PC | GENERAL OPERATING SUPPORT | $75,000 |
| MARYLAND ZOOLOGICAL SOCIETY | ||||||
| 1876 MANSION HOUSE DRIVE DRUID HIL | BALTIMORE | MD | 21217 | PC | HISTORICAL PRESERVATION | $114,525 |
| NATIONAL TAX LIMITATION FOUNDATION | ||||||
| 1700 EUREKA ROAD SUITE 150-A | ROSEVILLE | CA | 95661 | PC | GENERAL OPERATING SUPPORT | $1,000 |
| TEXAS AM UNIVERSITY KINGSVILLE | ||||||
| 700 UNIVERSITY MSC 218 | KINGSVILLE | TX | 78363 | GOV | EDUCATION | $5,000 |
| THE BOARD OF TRUSTEES OF LELAND STANFORD JR UNI | ||||||
| PO BOX 20466 | STANFORD | CA | 94309 | PC | EDUCATION | $10,000 |
| THE MILKEN INSTITUTE | ||||||
| 1250 FOURTH STREET | SANTA MONICA | CA | 90401 | PC | COMMUNITY DEVELOPMENT | $50,000 |
| ARKANSAS CHILDREN'S FOUNDATION | ||||||
| 1 CHILDRENS WAY | LITTLE ROCK | AR | 72202 | PC | HEALTHCARE | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $12,015,525 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $14,465,807 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,127,967 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $16,593,774 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $16,593,774 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | ROCK HOUSE CHARITABLE TRUST | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 825 EIGHTH AVENUE SUITE 4370 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $21,077,911 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NT - ENDOWMENT ACCOUNT | $223,695,283 | $238,560,359 |
| NT - R1000 ACCOUNT | $161,922,884 | $183,133,576 |
| NT - EAFE ACCOUNT | $108,496,413 | $131,381,475 |
| NT - CASH EQUITIZATION ACCOUNT | $4,914,370 | $4,920,983 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $48,575 | LegalFeesAmt |
| Disbursements Charitable Prps | $48,575 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONSTRUCTION IN PROGRESS | Desc |
| BOY Book Value | $1,963,916 | BOYBookValueAmt |
| EOY Book Value | $2,547,712 | EOYBookValueAmt |
| EOYFMV | $2,547,712 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CORPORATE AGENT FEES | $723 | $723 | |
| DELAWARE FRANCHISE TAX | $625 | $625 | |
| REPAIRS AND MAINTENANCE | $600 | $600 | |
| MISCELLANEOUS | $140 | $140 | |
| PASS THRU - OTHER DEDUCTIONS | $4 | $4 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACADEMY OF SEMINOLE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Balance Due | $400,000 | BalanceDueAmt |
| Note | 2019-09 | NoteDt |
| Repayment Terms | $33,333 PER MONTH BEGINNING 1/1/2020 UNTIL REPAID | RepaymentTermsTxt |
| Interest | 0.0001 | InterestRt |
| Loan Purpose | SUPPORT CHARTER SCHOOL EXPANSION | LoanPurposeTxt |
| Lender Consideration | CASH | LenderConsiderationDesc |
| Consideration FMV | $400,000 | ConsiderationFMVAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $145,770 | $145,770 | |
| MANAGEMENT FEES | $98,609 | $98,609 | |
| SITE SELECTION EXPENSES | $20,306 | $20,306 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROCK HOUSE CHARITABLE TRUST | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 825 EIGHTH AVENUE SUITE 4370 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | NT - FOREIGN TAXES | CategoryTxt |
| Amt | $627,357 | Amt |
| Net Investment Income | $627,357 | NetInvestmentIncomeAmt |