FOSTER CHARITABLE FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: FOSTER CHARITABLE FOUNDATION INC (EIN 02-0653934)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-11-16
IRS object ID: 202013219349103381
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
Depreciation Schedule
Investments Land Schedule2
Investments Other Schedule2
Land Etc Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Notes Loans Rcvbl Long Sch
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-11-16T13:24:37-05:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	320260234	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Corey C Davis CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	320 W Main St	AddressLine1Txt
City	Kerrville	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78028	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	020653934	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Foster Charitable Foundation Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FOST	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2125 Sidney Baker	AddressLine1Txt
City	Kerrville	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78028	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Jan Smith	PersonNm
Person Title	President	PersonTitleTxt
Phone	8302570586	PhoneNum
Signature	2020-04-14	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Corey C Davis	PreparerPersonNm
PTIN	P01078294	PTIN
Phone	8302578800	PhoneNum
Preparation	2020-11-16	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	173.174.14.54	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-11-16	IPDt
IP Tm	13:32:35	IPTm
Federal Original Submission Id	7066302020321a50a5sz	FederalOriginalSubmissionId
Federal Original Submission Id	2020-11-16	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	FA1734BA0F841B233DD1AFC23527933C5CF921B2	AtSubmissionCreationDeviceId
At Submission Filing Device Id	FA1734BA0F841B233DD1AFC23527933C5CF921B2	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	$4,147,945	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	$3	InterestOnSavRevAndExpnssAmt
Dividends Rev And Expnss	$6,182	DividendsRevAndExpnssAmt
Gross Rents Rev And Expnss	$126,813	GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm	$126,813	GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss	$77,794	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	$43,315	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$796,372	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$43,315	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$34,512	NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss	$5,141	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	$181,454	TotalRevAndExpnssAmt
Total Net Invst Incm	$170,128	TotalNetInvstIncmAmt
Total Adj Net Incm	$34,512	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$154,231	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$61,692	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$92,539	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$7,680	OthEmplSlrsWgsRevAndExpnssAmt
Pension Empl Bnft Rev And Expnss	$57,160	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$22,864	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$34,296	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$26,463	LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss	$4,740	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$2,370	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$2,370	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$35,627	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$35,627	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$60,623	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$8,145	TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss	$21,831	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$17,426	DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss	$15,604	OccupancyRevAndExpnssAmt
Occupancy Dsbrs Chrtbl	$1,560	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$18,627	TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss	$139,128	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$16,861	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$50,540	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$541,714	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$164,985	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$181,305	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$0	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$0	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$541,714	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$164,985	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$181,305	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$360,260	ExcessRevenueOverExpensesAmt
Net Investment Income	$5,143	NetInvestmentIncomeAmt
Adjusted Net Income	$34,512	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$158,788	CashBOYAmt
Cash EOY	$11,583	CashEOYAmt
Cash EOYFMV	$11,583	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$230,141	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$7,666	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$7,666	SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers EOY	$4,956	RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV	$4,956	RcvblFromOfficersEOYFMVAmt
Other Nts And Loans Rcvbl	$56,361	OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY	$60,073	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$56,361	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$56,361	OtherNtsAndLoansRcvblEOYFMVAmt
Invst Land Cost Or Other Basis	$3,284,288	InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation	$314,390	InvstLandAccumDepreciationAmt
Land Bldg Investments BOY	$3,673,118	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY	$2,969,898	LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV	$3,052,813	LandBldgInvestmentsEOYFMVAmt
Other Investments BOY	$200,218	OtherInvestmentsBOYAmt
Other Investments EOY	$216,923	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$246,733	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$39,906	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$27,870	LandBldgEquipAccumDeprecAmt
Land BOY	$14,021	LandBOYAmt
Land EOY	$12,036	LandEOYAmt
Land EOYFMV	$20,000	LandEOYFMVAmt
Other Assets BOY	$629,834	OtherAssetsBOYAmt
Other Assets EOY	$629,834	OtherAssetsEOYAmt
Other Assets EOYFMV	$747,833	OtherAssetsEOYFMVAmt
Total Assets BOY	$4,966,193	TotalAssetsBOYAmt
Total Assets EOY	$3,909,257	TotalAssetsEOYAmt
Total Assets EOYFMV	$4,147,945	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$1,544	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$7,060	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$1,544	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$7,060	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$4,964,649	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$3,902,197	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$4,964,649	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$3,902,197	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$4,966,193	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$3,909,257	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$4,964,649	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$360,260	ExcessRevenueOverExpensesAmt
Subtotal	$4,604,389	SubtotalAmt
Other Decreases	$702,192	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$3,902,197	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (47 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt
Ishares 3-7 Year Treasury Bond	P	2018-12-18	2019-01-09	$66,882	$66,449	$433
Ishares 10-20 Year Treasury Bond	P	2018-12-20	2019-01-18	$66,649	$66,835	-$186
Ishares 7-10 Year Treasury Bond	P	2018-12-20	2019-01-18	$67,028	$66,934	$94
IShares Russell Mid Cap Growth ETF	P	2019-01-22	2019-04-02	$7,824	$6,957	$867
IShares Russell 1000 Value ETF	P	2019-01-09	2019-04-02	$5,476	$5,035	$441
IShares Russell 2000 Growth ETF	P	2019-01-18	2019-04-02	$3,947	$3,706	$241
IShares SP Mid Cap 400 Value ETF	P	2019-01-08	2019-04-02	$13,799	$12,557	$1,242
IShares SP Small Cap 600 ETF	P	2019-01-08	2019-04-02	$11,457	$10,720	$737
IShares SP 500 Growth ETF	P	2019-01-07	2019-04-02	$15,499	$13,644	$1,855
Ishares SP Small Cap 600	P	2019-01-08	2019-05-20	$66,180	$62,930	$3,250
IShares 20 Pls Year Treasury Bnt	P	2019-05-20	2019-06-06	$10,774	$10,320	$454
IShares 7-10 YEar Treasury Bond ETF	P	2019-06-04	2019-06-06	$6,981	$6,957	$24
IShares SP Mid Cap 400 Value	P	2019-01-01	2019-05-30	$63,978	$61,196	$2,782
IShares Russell 2000 Growth ETF	P	2019-01-18	2019-06-04	$65,022	$63,185	$1,837
IShares IBoxx Invt Gradebond ETF	P	2019-05-30	2019-06-06	$6,053	$6,013	$40
IShares Russell Mid Cap Growth ETF	P	2019-01-22	2019-06-06	$9,211	$8,177	$1,034
IShares Russell 1000 Value ETF	P	2019-01-09	2019-06-06	$8,544	$7,895	$649
IShares SP 500 Growth ETF	P	2019-01-07	2019-06-06	$8,481	$7,512	$969
IShares 7-10 YEar Trsry Bond	P	2019-06-04	2019-07-08	$58,554	$58,048	$506
IShares Russell Mid Cap Growth ETF	P	2019-01-22	2019-07-10	$1,448	$1,220	$228
IShares SP 500 Growth ETF	P	2019-01-07	2019-07-10	$1,462	$1,226	$236
IShares IBoxx Invt Gradebond	P	2019-05-30	2019-07-29	$8,216	$7,937	$279
IShares Russell Mid Cap Growth ETF	P	2019-01-22	2019-07-29	$8,975	$7,445	$1,530
IShares Russell 1000 Value ETF	P	2019-01-09	2019-07-29	$9,483	$8,353	$1,130
IShares SP Mid Cap 400 Value ETF	P	2019-07-08	2019-07-29	$7,628	$7,507	$121
IShares SP 500 Growth ETF	P	2019-01-07	2019-07-29	$8,852	$7,358	$1,494
IShares 20 Year Treasury Bond ETF	P	2019-05-20	2019-07-29	$6,860	$6,544	$316
IShares IBoxx Invt Gradebond ETF	P	2019-05-30	2019-09-16	$52,112	$50,028	$2,084
IShares Russell 1000 Value ETF	P	2019-01-09	2019-10-08	$1,367	$1,259	$108
IShares SP Mid Cap 400 Value ETF	P	2019-07-08	2019-10-08	$920	$958	-$38
IShares SP Small Cap 600 ETF	P	2019-09-16	2019-10-08	$1,013	$1,086	-$73
IShares SP 500 Growth ETF	P	2019-01-07	2019-10-08	$1,408	$1,226	$182
IShares 20 Pls Year Treas Bnd	P	2019-05-20	2019-10-08	$9,027	$7,803	$1,224
IShares Russell Mid Cap Growth ETF	P	2019-01-22	2019-10-21	$9,296	$7,933	$1,363
IShares Russell 1000 Value ETF	P	2019-01-09	2019-10-21	$8,898	$7,895	$1,003
IShares SP Mid Cap 400 Value ETF	P	2019-07-08	2019-10-21	$9,528	$9,424	$104
IShares SP Small Cap 600	P	2019-09-16	2019-10-21	$9,437	$9,622	-$185
IShares SP 500 Grwoth ETF	P	2019-01-07	2019-10-21	$8,320	$7,052	$1,268
IShares 20 Pls Year Treas Bnd	P	2019-05-20	2019-10-21	$4,563	$4,153	$410
IShares 20 Pls Year Bnd ETF	P	2019-05-20	2019-11-11	$40,067	$37,378	$2,689
IShares Russell Mid Cap Growth ETF	P	2019-01-22	2019-12-23	$2,753	$2,197	$556
IShares Russell 1000	P	2019-01-09	2019-12-23	$2,182	$1,831	$351
IShares Russell 2000 Growth ETF	P	2019-11-11	2019-12-23	$1,504	$1,417	$87
IShares SP Mid Cap 400 Value ETF	P	2019-07-08	2019-12-23	$2,220	$2,076	$144
IShares SP Small Cap 600 ETF	P	2019-09-16	2019-12-23	$2,246	$2,173	$73
IShares SP 500 Growth ETF	P	2019-01-07	2019-12-23	$2,705	$2,146	$559
FCC Licences KYXX	P	2006-06-30	2019-05-03	$11,543	$2,740	$8,803

Field	Value	IRS element (for citing)
Capital Gain Net Income	$43,315	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$34,512	NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$140,894	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$4,694,613	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.030012	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$179,779	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$5,223,116	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.03442	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$161,808	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$5,155,889	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.031383	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$343,600	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$5,265,482	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.065255	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$366,220	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$5,633,335	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.065009	DistributionYr5Rt
Total Distribution	0.226079	TotalDistributionRt
Average Distribution	0.045216	AverageDistributionRt
Net Vl Noncharitable Assets	$4,133,892	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$186,918	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$51	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$186,969	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$181,305	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$103	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$103	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$103	TaxBasedOnInvestmentIncomeAmt
Tax Due	$103	TaxDueAmt

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	CO	OrgReportOrRegisterStateCd
Org Report Or Register State	TX	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	WWW.FOSTERCHARITABLEFOUNDATION.COM	WebsiteAddressTxt
Individual With Books	JANA S SMITH	IndividualWithBooksNm
Phone	8302570586	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	2125 SIDNEY BAKER	AddressLine1Txt
City	KERRVILLE	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78028	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	Yes (true)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
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
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
JANA S SMITH
2125 SIDNEY BAKER	KERRVILLE	TX	78028	PRESIDENT	40.00	$154,231	$0	$45,519
JOHN CHRISTOPHER DOYLE
2125 Sidney Baker	Kerrville	TX	78028	DIRECTOR	1.00	$0	$0	$0
DOUGLAS EDWIN WRIGHT MD
2125 Sidney Baker	Kerrville	TX	78028	DIRECTOR	1.00	$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

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	COLON CANCER AWARENESS RADIO ADVERTISING CAMPAIGN RADIO ADVERTISING BUYS TO EDUCATE THE PUBLIC RAISE AWARENESS OF COLON CANCER AND AND ENCOURAGE CHECKUPS	Description1Txt
Expenses1	$48,000	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	None	Description1Txt
Expenses1	$0	Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$354,344	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$45,855	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$3,796,646	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$4,196,845	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$4,196,845	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$62,953	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$4,133,892	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$206,695	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$206,695	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$103	TaxBasedOnInvestmentIncomeAmt
Total Tax	$103	TotalTaxAmt
Distributable Before Adj	$206,592	DistributableBeforeAdjAmt
Distributable Before Ded	$206,592	DistributableBeforeDedAmt
Distributable As Adjusted	$206,592	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$181,305	ExpensesAndContributionsAmt
Qualifying Distributions	$181,305	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$181,305	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$206,592	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4	$15,098	ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov	$15,098	TotalExcessDistributionCyovAmt
Qualifying Distributions	$181,305	QualifyingDistributionsAmt
Applied To Current Year	$181,305	AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus	$15,098	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$15,098	ExcessDistributionCyovAppCYAmt
Undistributed Income CY	$10,189	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd
Total Grant Or Contri Pd Dur Yr	$0	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$10,669	ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

Field	Value	IRS element (for citing)
Exclusion	16	ExclusionCd
Exclusion	$127,470	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$43,315	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$181,454	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$181,454	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$4,740	Amt
Net Investment Income	$2,370	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$2,370	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (28 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	Cost Or Other BasisCostOrOtherBasisAmt	Prior Year DepreciationPriorYearDepreciationAmt	Computation MethodComputationMethodTxt	LifeLifeRt	Current Year ExpenseCurrentYearExpenseAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
COMPUTER EQUIPMENT	2012-06-30	$1,157	$1,157	M	5	$0	$0	$0
COPIER	2012-06-30	$3,307	$3,307	M	5	$0	$0	$0
AC EQUIPMENT	2012-06-30	$25,266	$25,266	M	7	$0	$0	$0
DESK	2012-06-30	$650	$650	M	7	$0	$0	$0
FURNITURE	2010-01-01	$518	$518	M	7	$0	$0	$0
LAND	2010-01-01	$1,683,441	$0	NDA		$0	$0	$0
2125 SIDNEY BAKER IMPROVEMENTS	2013-06-30	$48,250	$6,855	ARP	39	$1,237	$0	$0
COMPUTER EQUIPMENT	2013-06-30	$2,720	$2,719	M	5	$0	$0	$0
FURNITURE	2013-06-30	$190	$165	M	7	$17	$0	$0
APPLIANCES	2013-06-30	$10,000	$8,661	M	7	$893	$0	$0
DENTON QUADPLEX REMODEL	2013-06-30	$14,689	$2,959	ARR	27.5	$534	$0	$0
FURNITURE	2013-06-30	$11,998	$10,391	M	7	$1,071	$0	$0
TODDVILLE REMODEL	2013-06-30	$1,054,463	$97,453	NDA	27.5	$0	$0	$0
TODVILLE LAND	2010-01-01	$36,959	$0	NDA		$0	$0	$0
TODDVILLE BUILDING	2010-01-01	$332,635	$36,286	NDA	27.5	$0	$0	$0
DENTON QUADPLEX LAND	2010-01-01	$18,000	$0	NDA		$0	$0	$0
DENTON QUADPLEX BLDG	2010-01-01	$162,000	$41,232	ARR	27.5	$5,890	$0	$0
2125 SIDNEY BAKER BUILDING	2010-01-01	$374,046	$57,546	ARP	39	$9,591	$0	$0
2125 SIDNEY BAKER LAND	2010-01-01	$93,511	$0	NDA		$0	$0	$0
2012 FORD EXPEDITION	2014-06-30	$28,573	$15,060	M	5	$1,646	$0	$0
FIRE ALARMS 2125 SIDNEY BAKER	2014-06-30	$3,777	$2,935	M	7	$337	$0	$0
DENTON QUADPLEX ROOF	2014-06-30	$3,264	$540	ARR	27.5	$119	$0	$0
TODDVILLE REMODEL	2014-06-30	$78,837	$4,420	NDA	27.5	$0	$0	$0
LAPTOP COMPUTER	2015-04-15	$2,791	$2,309	M	5	$322	$0	$0
TODDVILLE IMPROVEMENTS	2017-11-30	$8,301	$0	NDA		$0	$0	$0
2013 TODDVILLE IMPROVEMENTS	2013-06-30	$8,225	$0	NDA		$0	$0	$0
2125 SIDNEY BAKER AC	2019-07-10	$5,080	$0	ARP	39	$60	$0	$0
2125 SIDNEY BAKER REMODEL	2019-12-06	$13,736	$0	SL	15	$114	$0	$0

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (10 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
LAND HELD FOR INVESTMENT	$250,766	$0	$250,766	$115,795
SIDNEY BAKER OFFICE	$563,666	$103,941	$459,725	$780,000
DENTON QUADPLEX	$197,953	$51,274	$146,679	$195,000
TODDVILLE	$1,519,420	$138,159	$1,381,261	$1,271,528
FURNITURE APPLIANCES AND EQUIP	$21,998	$21,016	$982	$4,000
JEFFERSON COUNTY INVESTMENT LAND	$460,400	$0	$460,400	$473,360
BURNET INVESTMENT LAND	$81,465	$0	$81,465	$40,000
BRADY INVESTMENT LAND	$49,570	$0	$49,570	$65,270
EDEN INVESTMENT PROPERTY	$37,680	$0	$37,680	$34,290
MENARD INVESTMENT PROPERTY	$101,370	$0	$101,370	$73,570

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (9 entries)

Category Or ItemCategoryOrItemTxt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
ISHARES SP 500 GROWTH	$32,653	$41,245
ISHARES SP SMALL CAP	$39,728	$41,165
ISHARES RUSSELL MID CAP	$32,830	$41,044
ISHARES 10 20 YEAR TREASURY	$0	$0
ISHARES 3 7 YEAR TREASURY	$0	$0
ISHARES 7 10 YEAR TREASURY	$0	$0
IShares Russell 1000	$34,555	$41,217
IShares Russell 2000	$38,663	$40,916
IShares SP Mid Cap 400	$38,494	$41,146

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
EQUIPMENT	$11,333	$11,164	$169	$2,000
VEHICLES	$28,573	$16,706	$11,867	$18,000

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL	CategoryTxt
Legal Fees	$26,463	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
PRECIOUS METALS	$511,170	$511,170	$629,169
LPTV WESTERN MEDIA PARTNERS	$118,664	$118,664	$118,664

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
Rounding	$2
PPA BR OAK INV PROP REMOVED IN 2012	$702,190

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEES	$370	$0	$0	$0
INSURANCE	$13,386	$1,500	$0	$0
STORAGE	$1,000	$1,000	$0	$0
OFFICE	$3,237	$0	$0	$324
FURNITURE AND EQUIP	$778	$778	$0	$0
UTILITIES	$15,830	$0	$0	$1,583
CONTRACT LABOR	$307	$0	$0	$0
TELPHONE AND INTERNET	$6,334	$0	$0	$633
CANCER AWARENESS RADIO ADS	$48,000	$0	$0	$48,000
REPAIRS AND MAINT	$45,425	$13,583	$0	$0
DUES AND SUBSCRIPTIONS	$4,461	$0	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
REFUNDS AND REIMB EXP	$657	$0	$0
INTEREST ON NOTE REC	$4,484	$0	$0

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
PAYROLL LIABILITIES	$1,544	$6,515
DUE TO CARRICO	$0	$170
SECURITY DEPOSIT	$0	$375

Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch

Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp

Borrower Name BorrowerNameGrp

Field	Value	IRS element (for citing)
Person	JIMMY MCGEHEE	PersonNm

Field	Value	IRS element (for citing)
Insider Relationship	NONE	InsiderRelationshipTxt
Loan Original	$68,000	LoanOriginalAmt
Balance Due	$56,361	BalanceDueAmt
Note	2015-12	NoteDt
Loan Maturity	2022-12	LoanMaturityDt
Repayment Terms	63037 PER MONTH	RepaymentTermsTxt
Interest	7.5	InterestRt
Security Provided Borrower	DEED OF TRUST	SecurityProvidedBorrowerTxt
Loan Purpose	SELLER CARRIED NOTE ON SALE OF 5 ACRES KERR CO	LoanPurposeTxt
Consideration FMV	$60,073	ConsiderationFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT ADVISOR FEES	$31,277	$31,277	$0	$0
PROPERTY MANAGEMENT FEES	$4,350	$4,350	$0	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	REAL ESTATE	CategoryTxt
Amt	$60,623	Amt
Net Investment Income	$8,145	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt