SHELTON FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- SHELTON FAMILY FOUNDATION (EIN 75-2655885)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2020-09-14
- IRS object ID
- 202032589349100738
- 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 Assets Schedule
- Other Expenses Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-09-14T15:38:44-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 PINE ST STE 600 | AddressLine1Txt |
| City | ABILENE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 796015190 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752655885 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHELTON FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SHEL | BusinessNameControlTxt |
| Phone | 3256767724 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2791 | AddressLine1Txt |
| City | ABILENE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79604 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID L COPELAND | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3256767724 | PhoneNum |
| Signature | 2020-09-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOE MELSON CPA | PreparerPersonNm |
| PTIN | P00158111 | PTIN |
| Phone | 3256724000 | PhoneNum |
| Preparation | 2020-08-27 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 104.54.179.173 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-09-08 | IPDt |
| IP Tm | 09:50:00 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 362527628CF4A7E332F49888CE511E4521EB5D50 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | DFB26E97238C3BE3B11A1C34BE71DD658FE261C5 | 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 | $21,622,243 | 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 |
| Dividends Rev And Expnss | $459,770 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $459,770 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $668,954 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,945,431 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $668,954 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,128,724 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,128,724 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $135,363 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $33,841 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $101,522 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $38,381 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $38,381 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $29,020 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $4,571 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $24,449 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,750 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $32,268 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,648 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,620 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,060 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,060 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $7,580 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $678 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $6,902 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $248,422 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $42,738 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $185,684 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $936,850 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $936,850 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,185,272 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $42,738 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,122,534 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$56,548 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,085,986 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $632,805 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $889,425 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $889,425 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $25,972,205 | CorporateStockBOYAmt |
| Corporate Stock EOY | $25,130,219 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,688,369 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,050,557 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,267,791 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,433,394 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $8,117,288 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,429,738 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,611,055 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $866 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $38,773,721 | TotalAssetsBOYAmt |
| Total Assets EOY | $38,717,173 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $21,622,243 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $38,773,721 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $38,717,173 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $38,773,721 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $38,717,173 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $38,773,721 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $38,717,173 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $38,773,721 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$56,548 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $38,717,173 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $38,717,173 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $2,872,032 | $2,276,477 | $595,555 | $595,555 | |
| CAPITAL GAINS DIVIDENDS | $73,399 | $73,399 | $73,399 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $668,954 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,008,903 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $21,357,782 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047238 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,389,391 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $23,560,266 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.058972 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,179,022 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $23,586,131 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049988 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,635,659 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $24,318,709 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.067259 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,104,753 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $36,082,952 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.058331 | DistributionYr5Rt |
| Total Distribution | 0.281788 | TotalDistributionRt |
| Average Distribution | 0.056358 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $21,282,977 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,199,466 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $10,860 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,210,326 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,122,534 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $21,720 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $21,720 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $21,720 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $26,572 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $26,572 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,852 | OverpaymentAmt |
| Applied To ES Tax | $4,852 | 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 | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DAVID L COPELAND PRESIDENT | IndividualWithBooksNm |
| Phone | 3256767724 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 273 WALNUT | AddressLine1Txt |
| City | ABILENE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79601 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 (8 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 |
|---|---|---|---|---|---|---|---|---|
| DAVID L COPELAND | ||||||||
| PO BOX 2791 | ABILENE | TX | 79604 | PRES/TREAS/DIR | 30.00 | $135,363 | $18,286 | $0 |
| SHAY SHELTON HOFFMAN | ||||||||
| PO BOX 2791 | ABILENE | TX | 79604 | DIRECTOR | 3.00 | $0 | $0 | $0 |
| SINDY SHELTON DURHAM | ||||||||
| PO BOX 2791 | ABILENE | TX | 79604 | DIRECTOR | 3.00 | $0 | $0 | $0 |
| C CHRISTINE NICHOLS | ||||||||
| PO BOX 2791 | ABILENE | TX | 79604 | ADVISORY DIR. | 1.00 | $0 | $0 | $0 |
| WENDY H DURHAM | ||||||||
| PO BOX 2791 | ABILENE | TX | 79604 | DIRECTOR | 3.00 | $0 | $0 | $0 |
| ANDREW D DURHAM | ||||||||
| PO BOX 2791 | ABILENE | TX | 79604 | DIRECTOR | 3.00 | $0 | $0 | $0 |
| DAVID R DURHAM | ||||||||
| PO BOX 2791 | ABILENE | TX | 79604 | DIRECTOR | 3.00 | $0 | $0 | $0 |
| LEONARD R HOFFMAN | ||||||||
| PO BOX 2791 | ABILENE | TX | 79604 | DIRECTOR | 3.00 | $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 |
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 | $20,585,840 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,021,243 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $21,607,083 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $87,527 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $21,607,083 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $324,106 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $21,282,977 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,064,149 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,064,149 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $21,720 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $21,720 | TotalTaxAmt |
| Distributable Before Adj | $1,042,429 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,042,429 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,042,429 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,122,534 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,122,534 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,122,534 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,042,429 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $905,452 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,122,534 | QualifyingDistributionsAmt |
| Applied To Year1 | $905,452 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $217,082 | 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 | $825,347 | 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
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SHELTON FAMILY FOUNDATION DAVID L C | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2791 | AddressLine1Txt |
| City | ABILENE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79604 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3256767724 | RecipientPhoneNum |
| Form And Info And Materials | CONTACT FOUNDATION MANAGER TO RECEIVE APPLICATION GUIDELINES. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | LIMITED TO 501(C)(3) ORGANIZATIONS OR GOVERNMENTAL ENTITIES, PRIMARILY IN WEST CENTRAL TEXAS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (74 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ABILENE ARTS ALLIANCE | ||||||
| 1101 NORTH 1ST | ABILENE | TX | 79601 | PC | 2019-2020 BROADWAY SERIES | $1,000 |
| ABILENE ARTS ALLIANCE | ||||||
| 1101 NORTH 1ST | ABILENE | TX | 79601 | PC | CHILDREN'S PERFORMING ARTS SERIES | $2,000 |
| ABILENE ARTS ALLIANCE | ||||||
| 1101 NORTH 1ST | ABILENE | TX | 79601 | PC | YOUNG AUDIENCES WITH 2020 NCCIL | $4,000 |
| ABILENE CHAMBER OF COMMERCE FOUNDATION | ||||||
| P O BOX 2281 | ABILENE | TX | 79604 | PC | MLK BANQUET | $1,500 |
| ABILENE CHRISTIAN SCHOOLS INC | ||||||
| 2550 NORTH JUDGE ELY BLVD | ABILENE | TX | 79601 | PC | ROARING 20S | $1,000 |
| ABILENE CHRISTIAN UNIVERSITY | ||||||
| ACU BOX 29100 | ABILENE | TX | 76999 | PC | SPRINGBOARD PROGRAM | $1,500 |
| ABILENE CHRISTIAN UNIVERSITY | ||||||
| ACU BOX 29100 | ABILENE | TX | 76999 | PC | LABORATORY FOR EXPERIMENTAL ACTIVITIES IN NUTRITION | $25,000 |
| ABILENE OPERA ASSOCIATION | ||||||
| P O BOX 6611 | ABILENE | TX | 79608 | PC | MESSIAH | $250 |
| ABILENE PERFORMING ARTS COMPANY INC | ||||||
| 1049 INDUSTRIAL BLVD SUITE 200 | ABILENE | TX | 79602 | PC | SCHOLARSHIP FUND | $500 |
| ABILENE PHILHARMONIC GUILD INC | ||||||
| 401 CYPRESS STE 520 | ABILENE | TX | 79601 | PC | 2020 BALL | $5,000 |
| ABILENE POLICE FOUNDATION | ||||||
| 2070 ZOO LANE | ABILENE | TX | 79601 | PC | APD EMPLOYEE NEEDS | $2,500 |
| ABILENE PRESERVATION LEAGUE | ||||||
| PO BOX 3451 | ABILENE | TX | 79602 | PC | EVENING WITH JAY MOORE | $1,000 |
| ABILENE ZOOLOGICAL SOCIETY | ||||||
| 2070 ZOO LANE | ABILENE | TX | 79602 | PC | ZOOBILATION | $1,000 |
| ALLIANCE FOR WOMEN & CHILDREN | ||||||
| 1350 NORTH TENTH | ABILENE | TX | 79601 | PC | FALL 2019 LUNCHEON | $600 |
| AMERICAN ASSOCIATION OF UNIVERSITY WOMEN | ||||||
| PO BOX 6107 | ABILENE | TX | 79608 | PC | WOMEN OF OUTSTANDING ACHIEVEMENT | $2,500 |
| AMERICAN NATIONAL RED CROSS | ||||||
| 1610 NORTH 2ND STREET | ABILENE | TX | 79601 | PC | 2020 OPERATIONS | $5,000 |
| BCFS HEALTH AND HUMAN SERVICES | ||||||
| 303 S PIONEER SUITE 200 | ABILENE | TX | 79605 | PC | WOMEN'S OUR HOUSE | $200,000 |
| BIG BROTHERS BIG SISTERS OF ABILENE INC | ||||||
| 547 CHESTNUT STREET | ABILENE | TX | 79602 | PC | ONE-TO-ONE MENTORING | $5,000 |
| BIG COUNTRY ATHLETIC HALL OF FAME | ||||||
| 25 GLEN ABBEY | ABILENE | TX | 79606 | PC | CLASS OF 2020 | $500 |
| BIG COUNTRY CASA | ||||||
| 400 OAK STREET SUITE 217 | ABILENE | TX | 79602 | PC | OPERATIONS | $5,000 |
| CALLAHAN COUNTY AGING SERVICES | ||||||
| 100 W 4TH SUITE 302 | BAIRD | TX | 79504 | PC | 2020 OPERATIONS | $5,000 |
| CANCER SERVICES NETWORK | ||||||
| PO BOX 2026 | ABILENE | TX | 79604 | PC | RUN TOGETHER 5K | $1,000 |
| CELEBRATE FOREVER FAMILIES | ||||||
| PO BOX 216 | KAUFMAN | TX | 75412 | PC | OPERATIONS | $29,000 |
| CELEBRATE FOREVER FAMILIES | ||||||
| PO BOX 216 | KAUFMAN | TX | 75412 | PC | OPERATIONS | $8,000 |
| CHORUS ABILENE | ||||||
| PO BOX 3358 | ABILENE | TX | 79604 | PC | 2020 YOUTH GALA | $500 |
| CHRISTIAN HOMES & FAMILY SERVICES | ||||||
| 1202 ESTATES DRIVE | ABILENE | TX | 79602 | PC | 2020 SHORTFALL | $1,000 |
| CHRISTIAN SERVICE CENTER OF ABILENE INC | ||||||
| 3185 N 10TH ST | ABILENE | TX | 79603 | PC | BUILDING BRIDGES | $1,000 |
| CHRISTIAN SERVICE CENTER OF ABILENE INC | ||||||
| 3185 N 10TH ST | ABILENE | TX | 79603 | PC | RENTAL ASSISTANCE PROGRAM | $8,000 |
| COMMUNITY FOUNDATION OF ABILENE | ||||||
| P O BOX 1001 | ABILENE | TX | 79604 | PC | ABILENE GIVES 2020 | $2,500 |
| CONNECTING CARING COMMUNITIES | ||||||
| 2701 HICKORY STREET | ABILENE | TX | 79601 | PC | N2N NETWORK | $10,000 |
| CROSS PLAINS PUBLIC LIBRARY | ||||||
| PO BOX | CROSS PLAINS | TX | 76443 | PC | KITHCEN REMODEL | $1,000 |
| DAY NURSERY OF ABILENE | ||||||
| 702 CEDAR STREET | ABILENE | TX | 79601 | PC | DUELING PIANOS, DINNER AND DESSERTS | $1,500 |
| DAY NURSERY OF ABILENE | ||||||
| 702 CEDAR STREET | ABILENE | TX | 79601 | PC | COLLEGE HEIGHTS CONVERSION | $25,000 |
| DISABILITY RESOURCES INCORPORATED | ||||||
| P O BOX 1880 | ABILENE | TX | 79604 | PC | FULFILLING THE PROMISE CAMPAIGN | $25,000 |
| EXPO CENTER OF TAYLOR COUNTY | ||||||
| 1700 HIGHWAY 36 | ABILENE | TX | 79602 | PC | EVENING FOR THE EXPO | $1,200 |
| FOOD BANK OF ABILENE INC | ||||||
| 5505 NORTH 1ST STREET | ABILENE | TX | 79603 | PC | YEAR END NEED | $5,000 |
| FRIENDS FOR LIFE | ||||||
| PO BOX 23491 | WACO | TX | 76702 | PC | OPERATIONS | $2,500 |
| FRIENDS OF THE ABILENE PUBLIC LIBRARY | ||||||
| C/O 202 CEDAR | ABILENE | TX | 79601 | PC | 2019 WEST TEXAS BOOK & ARTHUR FESTIVAL | $2,000 |
| GLOBAL SAMARITAN RESOURCES INC | ||||||
| PO BOX 3431 | ABILENE | TX | 79604 | PC | SPRING LUNCHEON | $2,500 |
| GRACE MUSEUM | ||||||
| 102 CYPRESS ST | ABILENE | TX | 79601 | PC | 2020 ANNUAL FALL BENEFIT | $5,000 |
| HARDIN-SIMMONS UNIVERSITY | ||||||
| P O BOX 16000 | ABILENE | TX | 79698 | PC | ROUND TABLE | $1,000 |
| HENDRICK HOME FOR CHILDREN | ||||||
| PO BOX 5195 | ABILENE | TX | 79608 | PC | HISTORICAL VIGNETTE | $25,000 |
| HENDRICK HOME FOR CHILDREN | ||||||
| PO BOX 5195 | ABILENE | TX | 79608 | PC | MAIN BUILDING | $25,000 |
| HISTORIC PARAMOUNT THEATRE INC | ||||||
| P O BOX 1818 | ABILENE | TX | 79604 | PC | FROZEN JUNIOR | $1,000 |
| HOUSES FOR HEALING INC | ||||||
| PO BOX 2320 | ABILENE | TX | 79604 | PC | TINY HOUSE | $10,000 |
| INTERESTED CITIZENS OF ABILENE NORTH | ||||||
| 701 MESQUITE STREET | ABILENE | TX | 79601 | PC | ANNUAL HERO'S LUNCHEON | $500 |
| KENLEY SCHOOL | ||||||
| 1434 MATADOR | ABILENE | TX | 79605 | PC | 2020 OPERATIONS | $55,000 |
| MCMURRY UNIVERSITY | ||||||
| MCM STATION BOX 938 | ABILENE | TX | 79697 | PC | 2020 WOMEN'S LEADERSHIP LUNCHEON | $1,000 |
| MEALS ON WHEELS PLUS INCORPORATED | ||||||
| P O BOX 903 | ABILENE | TX | 79604 | PC | CHARITY GOLF TOURNAMENT | $1,000 |
| NATIONAL CENTER FOR CHILDREN'S ILLUSTRATED LITERATURE | ||||||
| 102 CEDAR | ABILENE | TX | 79601 | PC | STORYBOOK BALL | $1,200 |
| NATIONAL CENTER FOR CHILDREN'S ILLUSTRATED LITERATURE | ||||||
| 102 CEDAR | ABILENE | TX | 79601 | PC | 2020 OPERATIONS SUPPORT | $42,000 |
| NEW BEGINNINGS - BIG COUNTRY | ||||||
| PO BOX 4193 | ABILENE | TX | 79608 | PC | MERCY HOUSE | $80,000 |
| NEW BEGINNINGS RANCH & CENTER INC | ||||||
| 147 SAYLES BLVD | ABILENE | TX | 79605 | PC | MENTAL HEALTH TREATMENT | $5,000 |
| NOAH PROJECT | ||||||
| 5802 TEXAS AVE | ABILENE | TX | 79605 | PC | 40 YEAR CELEBRATION | $1,000 |
| PHOENIX ICCD CLUBHOUSE INC | ||||||
| PO BOX 2352 | ABIILENE | TX | 79604 | PC | 2020 OPERATIONS | $7,500 |
| PRESBYTERIAN MEDICAL CARE MISSON | ||||||
| 1857 PINE STREET STE 100 | ABILENE | TX | 79601 | PC | YOU CAN'T TAKE IT WITH YOU | $1,000 |
| REGIONAL VICTIM CRISIS CENTER | ||||||
| P O BOX 122 | ABILENE | TX | 79604 | PC | CELEBRATION EVENT | $750 |
| RESCUE THE ANIMALS | ||||||
| 4620 NORTH FIRST STREET | ABILENE | TX | 79603 | PC | 2020 FUR BALL | $500 |
| RESCUE THE ANIMALS | ||||||
| 4620 NORTH FIRST STREET | ABILENE | TX | 79603 | PC | 2020 OPERATING EXPENSES | $20,000 |
| RESTORED HOPE MINISTRIES INC | ||||||
| PO BOX 710127 | DALLAS | TX | 75371 | PC | OPERATIONS | $25,000 |
| SALVATION ARMY & ITS COMPONENTS | ||||||
| 1726 BUTTERNUT | ABILENE | TX | 79602 | PC | 2020-2022 OPERATING FUNDS | $25,000 |
| SALVATION ARMY & ITS COMPONENTS | ||||||
| 1726 BUTTERNUT | ABILENE | TX | 79602 | PC | 2019 OPERATING FUNDS | $25,000 |
| SPECIAL OLYMPICS TEXAS INC | ||||||
| 500 CHESTNUT STREET STE 1821 | ABILENE | TX | 79601 | PC | 2019 SPORTS PROGRAM | $5,000 |
| TAYLOR COUNTY HISTORY CENTER | ||||||
| 133 N WILLIAM STREET | BUFFALO GAP | TX | 79508 | PC | COMANCHE MOON SOCIAL | $1,000 |
| TAYLOR COUNTY VETERANS SERVICE OFFICE | ||||||
| 400 OAK STREET SUITE 170 | ABILENE | TX | 79602 | PC | THANKSGIVING MEAL | $1,000 |
| TEXANS FOR ARTS FOUNDATION | ||||||
| PO BOX 4549 | AUSTIN | TX | 78765 | PC | GIFT | $1,000 |
| TEXAS RAMP PROJECT | ||||||
| BOX 832065 | RICHARDSON | TX | 75083 | PC | 2020 OPERATIONS | $10,000 |
| TEXAS SILVER HAIRED LEGISLATURE FOUNDATION | ||||||
| PO BOX 5996 | ABILENE | TX | 79608 | PC | SENIOR EXPO | $1,000 |
| TEXAS TECH FOUNDATION INC | ||||||
| 1718 PINE STREET | ABILENE | TX | 79601 | PC | LAURA W. BUSH INSTITUTE FOR WOMEN'S HEALTH | $2,500 |
| THE ABILENE EDUCATION FUND | ||||||
| P O BOX 1999 | ABILENE | TX | 79604 | PC | 2021-2023 COOL PROGRAM | $117,850 |
| TSTC FOUNDATION | ||||||
| 3801 CAMPUS DRIVE | WACO | TX | 76705 | PC | OPERATIONS | $20,000 |
| UNITED WAY OF ABILENE | ||||||
| P O BOX 82 | ABILENE | TX | 79604 | PC | WINTER LIGHTFEST | $5,000 |
| UNITED WAY OF ABILENE | ||||||
| P O BOX 82 | ABILENE | TX | 79604 | PC | 2020 CAMPAIGN | $12,500 |
| UNITED WAY OF ABILENE | ||||||
| P O BOX 82 | ABILENE | TX | 79604 | PC | WINTER LIGHTFEST | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $936,850 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| THE ABILENE EDUCATION FUND | ||||||
| P O BOX 1999 | ABILENE | TX | 79604 | PC | 2021-2023 COOL PROGRAM | $235,700 |
| ABILENE PHILHARMONIC GUILD INC | ||||||
| 1102 NORTH 3RD SUITE C | ABILENE | TX | 79601 | PC | 2021 BALL | $5,000 |
| DISABILITY RESOURCES INCORPORATED | ||||||
| P O BOX 1880 | ABILENE | TX | 79604 | PC | FULFILLING THE PROMISE PROGRAM | $25,000 |
| FIRST BAPTIST CHURCH | ||||||
| 1333 NORTH THIRD STREET | ABILENE | TX | 79601 | PC | CITY LIGHT RENOVATION | $100,000 |
| FOOD BANK OF ABILENE INC | ||||||
| 5505 NORTH 1ST STREET | ABILENE | TX | 79603 | PC | YEAR END NEEDS | $5,000 |
| SALVATION ARMY & ITS COMPONENTS | ||||||
| 1726 BUTTERNUT | ABILENE | TX | 79602 | PC | 2020 - 2022 OPERATING FUNDS | $50,000 |
| SPECIAL OLYMPICS TEXAS INC | ||||||
| 500 CHESTNUT STREET STE 1821 | ABILENE | TX | 79602 | PC | 2020 SPORTS PROGRAM | $5,000 |
| TSTC FOUNDATION | ||||||
| 3801 CAMPUS DRIVE | WACO | TX | 76705 | PC | OPERATIONS | $120,000 |
| UNITED WAY OF ABILENE | ||||||
| P O BOX 82 | ABILENE | TX | 79604 | PC | 2021 CAMPAIGN | $12,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $558,200 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $459,770 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $668,954 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,128,724 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,128,724 | 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 | EIDE BAILLY LLP | CategoryTxt |
| Amt | $4,750 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,750 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (8 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| APPLE BOND | $509,311 | $551,695 |
| JP MORGAN CHASE BOND | $514,700 | $521,795 |
| MICROSOFT BOND | $496,576 | $526,495 |
| ORACLE BOND | $499,106 | $516,990 |
| WAL-MART BOND | $503,169 | $503,860 |
| GOLDMAN SACHS | $248,805 | $271,629 |
| CITIBANK | $248,124 | $271,458 |
| WELLS FARGO | $248,000 | $269,472 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (30 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M COMPANY | $33,498 | $62,396 |
| ABBOTT LABORATORIES | $17,184 | $64,001 |
| ABBVIE INC | $18,634 | $68,726 |
| ACCENTURE PLC | $99,804 | $134,200 |
| ADP INC | $124,369 | $491,337 |
| ALPHABET INC | $62,782 | $212,708 |
| APPLE INC | $67,218 | $401,280 |
| CHEVRON CORP | $66,501 | $76,113 |
| CISCO SYSTEMS | $62,600 | $132,924 |
| CME GROUP INC | $95,399 | $276,318 |
| COCA-COLA COMPANY | $46,431 | $71,488 |
| EXXON MOBIL CORP | $70,012 | $51,160 |
| HARTE HANKS STOCK | $23,116,173 | $930,988 |
| HONEYWELL INTL | $99,172 | $93,984 |
| IDEXX LABORATORIES INC | $93,667 | $825,400 |
| INTEL CORP | $41,302 | $137,609 |
| JOHNSON & JOHNSON | $62,293 | $147,662 |
| MCDONALDS CORP | $36,979 | $92,235 |
| MEDTRONIC PLC | $75,668 | $91,700 |
| MERCK & COMPANY INC | $35,967 | $77,330 |
| METTLER-TOLEDO INTERNATIONAL INC | $86,360 | $563,885 |
| MICROSOFT CORP | $38,640 | $325,616 |
| ORACLE CORP | $89,720 | $138,175 |
| PEPSICO INC | $42,705 | $85,969 |
| QUALCOMM INC | $99,723 | $173,299 |
| TOTAL SA | $98,471 | $76,920 |
| VARIAN MED SYS INC | $35,440 | $122,520 |
| VISA INC | $182,404 | $540,876 |
| WABTEC | $99,893 | $149,682 |
| WAL-MART STORES INC | $31,210 | $71,868 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ARTISAN INTERNATIONAL FUND | AT COST | $609,231 | $1,059,994 |
| DODGE & COX STOCK FUND | AT COST | $114,917 | $220,947 |
| VANGUARD DEVELOPED MARKETS INDEX | AT COST | $761,775 | $1,011,937 |
| VANGUARD EMERGING MARKETS STOCK INDEX | AT COST | $529,961 | $509,124 |
| VANGUARD FTSE EMERGING MARKET | AT COST | $549,910 | $503,047 |
| VANGUARD TOTAL BOND MKT. INDEX | AT COST | $3,510,944 | $3,941,665 |
| VANGUARD TOTAL STOCK MKT. | AT COST | $103,000 | $341,844 |
| VANGUARD INTL VALUE INVESTOR | AT COST | $1,250,000 | $1,043,470 |
| T ROWE PRICE EMERGING MARKETS VALUE STOCK | AT COST | $1,000,000 | $854,872 |
| VANGUARD INTERMEDIATE TERM INVEST GRADE ADMIRAL CL | AT COST | $500,000 | $552,521 |
| VANGUARD INTERMEDIATE TERM CORP BOND INEX ADMIRAL CL | AT COST | $500,000 | $571,634 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PURCHASED INTEREST | Desc |
| BOY Book Value | $866 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE EXPENSE | $5,224 | $0 | $5,224 |
| OFFICE EXPENSE | $928 | $0 | $928 |
| PROFESSIONAL DUES | $750 | $0 | $750 |
| INVESTMENT FEE/MANAGEMENT FEE | $678 | $678 | $0 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | AS OF JUNE 30, 2020, THE FOUNDATION OWNED 306,246 SHARES OF HARTE-HANKS, INC., WHICH REPRESENTS 4.8% OF THE OUTSTANDING SHARES OF THE COMPANY. NO SHARES WERE SOLD OR PURCHASED DURING THE YEAR.THE APPRAISAL FIRM OF GEORGE VALUATION ADVISORS APPRAISED THE BLOCKAGE DISCOUNT IN 2011. THEIR APPRAISAL CONCLUDED THAT A 12% BLOCKAGE DISCOUNT SHOULD BE USED. THERE HAVE BEEN NO SIGNIFICANT CHANGES SINCE THE DISCOUNT WAS CALCULATED, INCLUDING NO CHANGE IN OWNERSHIP.UNDER THE INTERNAL REVENUE CODE SECTION 4942, THE MAXIMUM BLOCKAGE DISCOUNT AVAILABLE FOR TAX PURPOSES IS 10%. THEREFORE, A 10% DISCOUNT WAS USED IN DETERMINING THE FAIR MARKET VALUE OF THE HARTE HANKS, INC. STOCK. THE AVERAGE DISCOUNT WAS $87,527. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $20,000 | $0 | $0 |
| PAYROLL TAXES | $10,328 | $1,708 | $8,620 |
| FOREIGN TAXES | $1,940 | $1,940 | $0 |