GARRISON FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- GARRISON FAMILY FOUNDATION (EIN 20-4886012)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-09-18
- IRS object ID
- 202532619349100508
- Schema version
- 2024v5.2
- 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
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-09-18T10:59:37-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204886012 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Garrison Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | GARR | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Bill Carrothers | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2025-09-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $30,684,908 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $38,583 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $38,583 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $588,052 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $588,052 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,295,356 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,305,545 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,102,492 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $26,595 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $58 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,948,586 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,729,185 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $88,501 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $88,501 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $24 | InterestRevAndExpnssAmt |
| Taxes Rev And Expnss | $19,607 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $407 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $84,420 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $67 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $84,353 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $192,552 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $88,975 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $84,353 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,154,400 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,154,400 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,346,952 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $88,975 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,238,753 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $601,634 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,640,210 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,692,581 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,818,482 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,818,482 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $2,188 | AcctRcvblAmt |
| Acct Rcvbl EOY | $2,188 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $2,188 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $13,265,202 | CorporateStockBOYAmt |
| Corporate Stock EOY | $13,714,020 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $26,452,036 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,343,156 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,458,860 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,412,202 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $90,977 | OtherInvestmentsBOYAmt |
| Total Assets BOY | $17,391,916 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,993,550 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $30,684,908 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $17,391,916 | RetainedEarningBOYAmt |
| Retained Earning EOY | $17,993,550 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,391,916 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,993,550 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,391,916 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,993,550 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,391,916 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $601,634 | ExcessRevenueOverExpensesAmt |
| Subtotal | $17,993,550 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $17,993,550 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $6,305,545 | GrossSalesPriceAmt |
| Cost Or Other Basis | $5,203,053 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,102,492 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,102,492 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,102,492 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $22,799 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $22,799 | SubtotalAmt |
| Tax Based On Investment Income | $22,799 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $14,900 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $7,900 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $22,800 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1 | OverpaymentAmt |
| Applied To ES Tax | $1 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| Pam Carrothers | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| William Carrothers | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Treas | 10.0 | $0 | $0 | $0 |
| Harvey Garrison | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 1.0 | $0 | $0 | $0 |
| Kerry Garrison | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Sandy Garrison | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 0.0 | $0 | $0 | $0 |
| Bruce Walker | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Sharon Walker | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $84,353 |
| First Financial Trust | |||||
| PO Box 701 | ABILENE | TX | 79604 | Investment MGMT | $53,807 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $27,778,333 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $949,637 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $28,727,970 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $28,727,970 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $430,920 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,297,050 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,414,853 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,414,853 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $22,799 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $4,826 | IncomeTaxAmt |
| Total Tax | $27,625 | TotalTaxAmt |
| Distributable Before Adj | $1,387,228 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,387,228 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,387,228 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,238,753 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,238,753 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,387,228 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $119,051 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,238,753 | QualifyingDistributionsAmt |
| Applied To Year1 | $119,051 | AppliedToYear1Amt |
| Applied To Current Year | $1,119,702 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $267,526 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (30 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AGRICULTURE HERITAGE MUSEUM INC | |||||||
| 1121 CANYON LAKE DR | LUBBOCK | TX | 79403 | N/A | PC | General & Unrestricted | $80,000 |
| ALSTROM ANGELS CORP | |||||||
| 5121 69TH ST STE B1 | LUBBOCK | TX | 79424 | N/A | PC | General & Unrestricted | $120,000 |
| AUSTIN ACHIEVE PUBLIC SCHOOLS INC | |||||||
| 5908 MANOR RD | AUSTIN | TX | 78723 | N/A | PC | General & Unrestricted | $10,000 |
| AUSTIN PETS ALIVE | |||||||
| PO BOX 736245 | DALLAS | TX | 75373 | N/A | PC | General & Unrestricted | $50,000 |
| AUSTIN PLASTIC SURGERY FOUNDATION AUSTIN SMILES | |||||||
| 9415 BURNET RD STE 207 | AUSTIN | TX | 78758 | N/A | PC | General & Unrestricted | $5,000 |
| AUSTIN YMBL SUNSHINE CAMP | |||||||
| 2225 ANDREW ZILKER RD | AUSTIN | TX | 78746 | N/A | PC | General & Unrestricted | $50,000 |
| BOY SCOUTS OF AMERICA | |||||||
| 30 BRIERCROFT OFC PARK | LUBBOCK | TX | 79412 | N/A | PC | General & Unrestricted | $5,000 |
| BRIDGES TO LIFE | |||||||
| PO BOX 570895 | HOUSTON | TX | 77257 | N/A | PC | General & Unrestricted | $20,000 |
| CASA ESPERANZA INC | |||||||
| PO BOX 457 | LIBERTY HILL | TX | 78642 | N/A | PC | General & Unrestricted | $60,000 |
| CETA CANYON CAMP & RETREAT CENTER | |||||||
| 37201 FM 1721 | HAPPY | TX | 79042 | N/A | PC | General & Unrestricted | $90,000 |
| COMMUNITY HEALTH CENTER OF LUBBOCK INC | |||||||
| 1610 5TH ST | LUBBOCK | TX | 79401 | N/A | PC | General & Unrestricted | $10,000 |
| COVENANT HEALTH SYSTEM FOUNDATION | |||||||
| 3615 19TH ST | LUBBOCK | TX | 79410 | N/A | PC | General & Unrestricted | $100,000 |
| HARMONY SCHOOL OF CREATIVE ARTS | |||||||
| 1503 MORMON MILL RD | MARBLE FALLS | TX | 78654 | N/A | PC | General & Unrestricted | $40,000 |
| HIGHLAND LAKES CRISIS NETWORK | |||||||
| 1000 RIDGE POINT DR | MARBLE FALLS | TX | 78654 | N/A | PC | General & Unrestricted | $30,000 |
| HOPE TO OPPORTUNITIES FOUNDATION | |||||||
| 5241 S WASHINGTON ST | AMARILLO | TX | 79110 | N/A | PC | General & Unrestricted | $10,000 |
| INSIDE OUT FOUNDATION | |||||||
| 4630 50TH ST STE 500 | LUBBOCK | TX | 79414 | N/A | PC | General & Unrestricted | $15,000 |
| JOSEPHS HAMMER | |||||||
| PO BOX 7960 | HORSESHOE BAY | TX | 78657 | N/A | PC | General & Unrestricted | $100,000 |
| KIDLINKS | |||||||
| 2904 FLOYD ST | DALLAS | TX | 75204 | N/A | PC | General & Unrestricted | $15,000 |
| MAKE-A-WISH FOUNDATION OF CENTRAL AND SOUTH TEXAS | |||||||
| 3600 BEE CAVES RD STE 100 | WEST LAKE HILLS | TX | 78746 | N/A | PC | General & Unrestricted | $55,000 |
| MCMURRY UNIVERSITY | |||||||
| 1 MCMURRY UNIVERSITY 308 | ABILENE | TX | 79697 | N/A | PC | Pre-Nursing Student Support Program | $30,000 |
| NEW DEAL EDUCATION FOUNDATION INC | |||||||
| 3718 COUNTY RD 5500 | LUBBOCK | TX | 79415 | N/A | PC | General & Unrestricted | $5,000 |
| OPEN DOOR RECOVERY HOUSE | |||||||
| 2705A COMMERCE ST | MARBLE FALLS | TX | 78654 | N/A | PC | General & Unrestricted | $20,000 |
| REWORK PROJECT | |||||||
| 1705 POPPY SEED LN | AUSTIN | TX | 78741 | N/A | PC | General & Unrestricted | $5,000 |
| RONALD MCDONALD HOUSE CHARITIES OF THE SOUTHWEST I | |||||||
| 3413 10TH ST | LUBBOCK | TX | 79415 | N/A | PC | General & Unrestricted | $10,000 |
| SAGE STUDIO & GALLERY | |||||||
| 916 SPRINGDALE RD BLDG 2 103 | AUSTIN | TX | 78702 | N/A | PC | General & Unrestricted | $10,000 |
| SEEDLING FOUNDATION | |||||||
| 8001 CENTRE PARK DR STE 140 | AUSTIN | TX | 78754 | N/A | PC | General & Unrestricted | $8,000 |
| STREET YOUTH MINISTRY OF AUSTIN | |||||||
| 7421 BURNET RD 264 | AUSTIN | TX | 78757 | N/A | PC | General & Unrestricted | $5,000 |
| TEXAS TECH FOUNDATION INC | |||||||
| PO BOX 45025 | LUBBOCK | TX | 79409 | N/A | PC | General & Unrestricted | $170,000 |
| VELA | |||||||
| 4900 GONZALES ST | AUSTIN | TX | 78702 | N/A | PC | General & Unrestricted | $21,400 |
| YOUTH AND FAMILY ALLIANCE | |||||||
| 3700 S 1ST ST | AUSTIN | TX | 78704 | N/A | PC | General & Unrestricted | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,154,400 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $38,583 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $588,052 | 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 Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,295,356 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| K-1 INC/LOSS | 525990 | $26,537 | ||
| CLASS ACTION LAWSUIT PROCEEDS | 01 | $58 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $26,537 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,922,049 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,948,586 | 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 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Form 990-PF | IdentifierTxt |
| Form And Line Reference | Form 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | One or more partnerships have provided a Schedule K-3 for the tax year in which they have checked one or more of the boxes in Part I but not provided sufficient back-up information to allow the Foundation to verify why such boxes were checked or the extent to which the checking of such boxes affects any item on this return. The Foundation has prepared this return to the best of its ability and without any foreign filings for such partnerships based on the information provided to it by these partnerships and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (49 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AK STEEL CORP - 7.000% - 03/15 | $49,979 | $50,058 |
| ALBERTSONS INC - 7.450% - 08/0 | $61,694 | $77,406 |
| ALLY FINL INC BOND PERPETUAL - | $31,476 | $27,995 |
| ALTRIA GROUP INC NOTE CALL - 5 | $50,245 | $38,119 |
| AMC NETWORKS INC NOTE CALL MAK | $30,366 | $23,550 |
| AMERIGAS PARTNERS L P NOTE - 5 | $82,091 | $79,983 |
| APA CORP - 4.250% - 01/15/2044 | $19,780 | $18,810 |
| AT & T INC - 5.350% - 09/01/20 | $30,085 | $29,071 |
| BANK NEW YORK MELLONCORP BOND | $33,300 | $29,715 |
| BELO CORP BOND CALL MAKE WHOLE | $34,715 | $36,143 |
| CBS CORP - 4.000% - 01/15/2026 | $32,068 | $31,652 |
| CHENIERE ENERGY PARTNERS LP - | $53,221 | $52,025 |
| CITIGROUP INC - 0.000% - 08/20 | $77,878 | $74,703 |
| CITIZENS FINL - 2.638% - 09/30 | $52,266 | $52,248 |
| CREDIT ACCEP CORP MICH - 6.625 | $34,461 | $34,999 |
| DISCOVER FINL SVCS FR - 3.250% | $30,314 | $28,652 |
| DONNELLEY R R &SONS CO - 8.820 | $102,869 | $102,000 |
| FORD MOTOR CO - 6.375% - 02/01 | $32,258 | $30,988 |
| FORD MOTOR CO COM - 8.900% - 0 | $263,454 | $302,717 |
| FORD MTR CO - 9.980% - 02/15/2 | $47,503 | $65,386 |
| FRONTIER COMMS HLDGS - 5.875% | $10,085 | $7,465 |
| GENWORTH FINANCIAL INC CL A - | $49,691 | $49,200 |
| GOODYEAR TIRE & RUBR CO - 4.60 | $65,008 | $61,466 |
| GOODYEAR TIRE &RUBR CO NOTE - | $25,830 | $23,186 |
| ICAHN ENTERPRISES LP/CORP NOTE | $63,880 | $64,398 |
| INTEL CORP - 3.730% - 12/08/20 | $33,941 | $30,370 |
| JEFFERIES GROUP LLC - 4.000% - | $52,736 | $54,865 |
| LIBERTY MEDIA NOTE - 8.500% - | $74,236 | $33,851 |
| LUMEN TECHNOLOGIES INC - 7.600 | $126,260 | $101,362 |
| NEWELL BRANDS INC - 5.375% - 0 | $49,168 | $51,617 |
| PARAMOUNT GLOBAL - 5.500% - 05 | $24,677 | $26,089 |
| PARK OHIO INDS INC-OHIO SER B | $12,003 | $11,790 |
| PATTERSON-UTI ENERGY INC - 7.1 | $59,475 | $57,647 |
| PENSKE AUTOMOTIVE GRP INC - 3. | $30,411 | $27,264 |
| PHELPS DODGE CORP - 9.500% - 0 | $28,951 | $28,863 |
| ROYAL CARIBBEAN CRUISES - 7.50 | $48,753 | $52,446 |
| SAFEWAY INC - 7.450% - 09/15/2 | $30,905 | $30,825 |
| SEAGATE HDD CAYMAN NOTE CALL - | $61,616 | $59,663 |
| SELECT INCOME REIT - 4.500% - | $9,549 | $9,867 |
| TENNECO PACKAGING INC - 7.950% | $24,757 | $25,420 |
| TENNECO PACKAGING INC - 8.375% | $24,032 | $26,255 |
| UNDER ARMOUR INC - 3.250% - 06 | $22,588 | $23,167 |
| UNITED STEEL CORP SR NT - 6.65 | $96,007 | $97,134 |
| US CELLULAR COR NT - 6.700% - | $69,689 | $73,825 |
| VORNADO - 3.400% - 06/01/2031 | $59,051 | $59,644 |
| WELLS FARGO & CO - 4.250% - 08 | $30,320 | $29,216 |
| WELLS FARGO & CO - 6.800% - 11 | $20,921 | $20,948 |
| XEROX CORP - 6.750% - 12/15/20 | $62,920 | $41,266 |
| XPO CNW INC - 6.700% - 05/01/2 | $41,377 | $46,873 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (91 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ADOBE SYSTEMS, INC | $158,184 | $193,880 |
| ADVANCED MICRO DEVICES INC | $96,342 | $118,374 |
| AERCAP HOLDING N.V | $178,031 | $313,609 |
| AES CORP | $169,006 | $132,355 |
| AGNC INVESTMENT CORP CUML 6.87 | $26,135 | $28,039 |
| ALERIAN MLP ETF | $39,086 | $27,675 |
| ALEXANDRIA REAL ESTATE EQUITIE | $110,221 | $88,478 |
| ALLSTATE PFD SER H | $22,209 | $21,489 |
| ALPHABET INC CL A | $412,345 | $940,252 |
| AMAZON COM | $397,770 | $954,346 |
| AMERICAN ELECTRIC POWER INC | $186,275 | $225,687 |
| AMERICAN TOWER REIT INC | $74,771 | $72,630 |
| AMGEN INC | $314,784 | $387,572 |
| AMN HEALTHCARE SERVICES INC | $225,142 | $90,178 |
| APPLE INC | $220,193 | $1,062,281 |
| BANK OF AMERICA CORP | $159,898 | $249,856 |
| BLACKROCK INC | $106,234 | $228,600 |
| BLACKROCK INNOVATION AND GROWT | $43,353 | $19,500 |
| BOOKING HOLDINGS INC | $105,940 | $278,232 |
| BROADCOM INC | $157,163 | $483,155 |
| CAMDEN PPTY TR | $51,671 | $48,853 |
| CHART INDUSTRIES, INC | $195,218 | $300,955 |
| CHEVRON CORP | $198,686 | $246,083 |
| CISCO SYSTEMS INC | $87,077 | $226,262 |
| CITIGROUP INC | $225,594 | $242,001 |
| COMCAST CORP | $166,665 | $142,839 |
| CONOCOPHILLIPS | $115,230 | $204,092 |
| DANAHER CORP | $200,962 | $228,632 |
| EATON CORP PLC | $73,422 | $332,534 |
| ENTEGRIS INC | $108,980 | $145,717 |
| EQUINIX, INC | $66,510 | $132,947 |
| ERICKSON INC | $50,002 | $18 |
| FEDERATED HERMES GOVT ULTRASHO | $63,867 | $64,099 |
| FERGUSON PLC | $131,100 | $173,223 |
| FIRST FINANCIAL BANKSHARES, IN | $780,267 | $4,181,799 |
| GENERAC HOLDING INC | $169,513 | $132,103 |
| GITLAB INC | $126,187 | $133,099 |
| HOME DEPOT INC | $74,769 | $209,277 |
| HONEYWELL INTL | $142,275 | $217,532 |
| INCYTE CORPORATION | $128,194 | $144,840 |
| INTUIT | $124,054 | $180,380 |
| INTUITIVE SURGICAL | $67,795 | $180,076 |
| INVITATION HOMES INC. | $76,141 | $72,188 |
| IQVIA HOLDINGS INC | $102,366 | $123,998 |
| JOHNSON & JOHNSON | $196,268 | $291,265 |
| JP MORGAN CHASE | $119,384 | $430,040 |
| KBW REGIONAL BANKING ETF | $210,575 | $304,768 |
| LAM RESEARCH CORP | $81,041 | $127,847 |
| LOCKHEED MARTIN CORP | $125,091 | $255,604 |
| LOWES COMPANIES INC | $74,771 | $89,342 |
| LULULEMON ATHLETICA INC | $43,704 | $71,128 |
| MARTIN MARIETTA MATLS INC | $93,924 | $141,005 |
| MASTERCARD INC | $139,536 | $240,642 |
| MCDONALD'S CORP | $210,988 | $347,288 |
| MEDTRONIC PLC | $156,325 | $117,583 |
| MERCK & CO INC | $170,948 | $313,561 |
| META PLATFORMS INC | $493,492 | $1,052,746 |
| MICROSOFT CORP | $702,515 | $1,583,996 |
| MONDELEZ INTERNATIONAL INC | $152,044 | $218,433 |
| NEUROCRINE BIOSCIENCES, INC | $176,392 | $201,474 |
| NEXTERA ENERGY, INC | $345,264 | $371,283 |
| NIKE INC-CL B | $15,056 | $113,505 |
| NISOURCE INC | $121,682 | $167,368 |
| NOVARTIS AG ADR | $66,697 | $92,834 |
| NUVEEN MLT STR I&G | $55,256 | $44,802 |
| NUVEEN PREFERRED AND INCOME TE | $18 | $19 |
| NVIDIA CORP | $269,528 | $895,310 |
| PALO ALTO NETWORKS INC | $238,339 | $523,681 |
| PEPSICO INC | $108,976 | $209,083 |
| PFIZER INC | $13,695 | $21,887 |
| PIMCO DYNAMIC INCOME FUND | $126,269 | $84,703 |
| PROCTER GAMBLE CO | $45,647 | $138,311 |
| QWEST CORP SR NOTES 6.500% - 0 | $31,047 | $23,065 |
| ROPER INDUSTRIES | $76,968 | $132,562 |
| SALESFORCE.COM | $319,624 | $447,334 |
| SCHLUMBERGER LTD | $68,869 | $60,769 |
| SHERWIN-WILLIAMS CO | $100,878 | $138,352 |
| SPDR BARCLAYS CAPITAL 1-3 MONT | $222,370 | $221,809 |
| STARBUCKS CORP COM | $76,030 | $125,743 |
| T-MOBILE US INC | $145,982 | $227,793 |
| TAIWAN SEMICONDUCTOR MFG CO LT | $189,897 | $273,129 |
| TALEN ENERGY CORP | $195,641 | $355,393 |
| TESLA MOTORS INC | $75,254 | $184,959 |
| TEXAS INSTRUMENTS INC | $14,463 | $84,380 |
| THE BLACKSTONE GROUP INC CL A | $209,172 | $677,266 |
| THE COCA-COLA CO | $108,686 | $151,416 |
| UNION PACIFIC | $97,960 | $109,459 |
| UNITED THERAPEUTICS CORP | $163,298 | $242,754 |
| VEEVA SYSTEMS INC | $153,464 | $171,144 |
| WAL-MART STORES INC | $68,621 | $137,151 |
| WILLIAMS COS | $112,744 | $258,315 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $84,353 | $84,353 | |
| Bank Charges | $67 | $67 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss FERRELLGAS PARTNERS, LP - CLASS B | $26,537 | |
| Class Action Lawsuit Proceeds | $58 | $58 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $88,501 | Amt |
| Net Investment Income | $88,501 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2024 | $14,900 | |
| 990-PF Extension for 2023 | $1,800 | |
| 990-T Extension for 2023 | $2,500 | |
| Foreign Tax Paid | $407 | $407 |