R D & JOAN DALE HUBBARD FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: R D & JOAN DALE HUBBARD FOUNDATION (EIN 75-2266308)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-11-16
IRS object ID: 202033219349106268
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 Corp Stock Schedule
Investments Land Schedule2
Investments Other Schedule2
Land Etc Schedule2
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-11-16T16:21:40-06:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	752393478	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WHITLEY PENN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	8343 DOUGLAS AVENUE STE 400	AddressLine1Txt
City	DALLAS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	75225	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	752266308	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RD & JOAN DALE HUBBARD FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	RD&J	BusinessNameControlTxt
Phone	5752585919	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 2498	AddressLine1Txt
City	RUIDOSO	CityNm
State Abbreviation	NM	StateAbbreviationCd
ZIP	88355	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RD HUBBARD	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	5752585919	PhoneNum
Signature	2020-11-16	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CURTIS MAXFIELD	PreparerPersonNm
PTIN	P00445178	PTIN
Phone	2143939300	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	66.51.12.244	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-11-16	IPDt
IP Tm	13:29:31	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	A46177609735670F35317F7A008FB0886B1856D3	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	$36,004,258	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	$691,564	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$690,807	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$304,079	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$8,205,516	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$304,079	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$152,300	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$152,300	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$1,147,943	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,147,186	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$65,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$65,000	CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$32,331	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$0	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$32,331	PensionEmplBnftDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$11,775	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$28,008	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$0	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	$2,635	InterestRevAndExpnssAmt
Interest Net Invst Incm	$2,635	InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl	$0	InterestDsbrsChrtblAmt
Taxes Rev And Expnss	$86,942	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$6,997	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$35,383	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$66,188	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$0	DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss	$22,802	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$0	OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl	$22,802	OccupancyDsbrsChrtblAmt
Other Expenses Rev And Expnss	$341,645	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$215,587	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$56,472	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$657,326	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$225,219	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$211,988	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$2,240,050	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,240,050	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,897,376	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$225,219	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$2,452,038	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,749,433	ExcessRevenueOverExpensesAmt
Net Investment Income	$921,967	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$1,552,194	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$1,358,089	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$1,358,089	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$17,200	AcctRcvblAmt
Acct Rcvbl EOY	$17,200	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$17,200	AcctRcvblEOYFMVAmt
Corporate Stock BOY	$23,219,207	CorporateStockBOYAmt
Corporate Stock EOY	$21,789,643	CorporateStockEOYAmt
Corporate Stock EOYFMV	$28,452,767	CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis	$2,452,256	InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation	$567,564	InvstLandAccumDepreciationAmt
Land Bldg Investments BOY	$1,947,570	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY	$1,884,692	LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV	$1,884,692	LandBldgInvestmentsEOYFMVAmt
Other Investments BOY	$2,847,634	OtherInvestmentsBOYAmt
Other Investments EOY	$2,470,177	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$2,542,479	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$139,804	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$127,427	LandBldgEquipAccumDeprecAmt
Land BOY	$15,687	LandBOYAmt
Land EOY	$12,377	LandEOYAmt
Land EOYFMV	$12,377	LandEOYFMVAmt
Other Assets BOY	$1,664,541	OtherAssetsBOYAmt
Other Assets EOY	$1,736,654	OtherAssetsEOYAmt
Other Assets EOYFMV	$1,736,654	OtherAssetsEOYFMVAmt
Total Assets BOY	$31,246,833	TotalAssetsBOYAmt
Total Assets EOY	$29,268,832	TotalAssetsEOYAmt
Total Assets EOYFMV	$36,004,258	TotalAssetsEOYFMVAmt
Accounts Payable BOY	-$2,500	AccountsPayableBOYAmt
Accounts Payable EOY	$2,500	AccountsPayableEOYAmt
Other Liabilities BOY	$0	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$126,075	OtherLiabilitiesEOYAmt
Total Liabilities BOY	-$2,500	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$128,575	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$31,249,333	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$29,140,257	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$31,249,333	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$29,140,257	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$31,246,833	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$29,268,832	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$31,249,333	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,749,433	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$29,499,900	SubtotalAmt
Other Decreases	$359,643	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$29,140,257	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIES	P	$1,287,743	$1,286,832	$911	$911
PUBLICLY TRADED SECURITIES	P	$6,805,391	$6,554,051	$251,340	$251,340
PASSTHROUGH FROM PARTNERSHIPS	P		$6,181	-$6,181	-$6,181
PASSTHROUGH FROM PARTNERSHIPS	P		$54,373	-$54,373	-$54,373
CAPITAL GAIN DISTRIBUTIONS	P	$112,382		$112,382	$112,382

Field	Value	IRS element (for citing)
Capital Gain Net Income	$304,079	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$2,432,032	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$31,234,533	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.077864	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$3,440,166	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$31,792,739	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.108206	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$1,617,804	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$32,191,046	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.050256	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$2,227,166	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$40,525,822	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.054957	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$2,036,222	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$35,258,655	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.057751	DistributionYr5Rt
Total Distribution	0.349034	TotalDistributionRt
Average Distribution	0.069807	AverageDistributionRt
Net Vl Noncharitable Assets	$31,776,786	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$2,218,242	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$9,220	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$2,227,462	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$2,452,038	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$9,220	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$9,220	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$9,220	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$33,250	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$33,250	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$24,030	OverpaymentAmt
Applied To ES Tax	$24,030	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	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
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
Org Report Or Register State	NM	OrgReportOrRegisterStateCd
Org Report Or Register State	CA	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	EDWARD A BURGER	IndividualWithBooksNm
Phone	5752585919	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	103 SIERRA BLANCA DRIVE	AddressLine1Txt
City	RUIDOSO	CityNm
State Abbreviation	NM	StateAbbreviationCd
ZIP	88345	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	0	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	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
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 (4 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
RD HUBBARD
PO BOX 2498	RUIDOSO	NM	88355	DIR/PRESIDENT	1.00	$0	$0	$0
JOAN DALE HUBBARD
PO BOX 2498	RUIDOSO	NM	88355	DIR/VICE PRES	1.00	$0	$0	$0
EDWARD A BURGER
PO BOX 2498	RUIDOSO	NM	88355	DIR/SEC/TREAS	1.00	$0	$0	$0
ROBERT DONALDSON
PO BOX 2498	RUIDOSO	NM	88355	EXECUTIVE DIRECTOR	40.00	$65,000	$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	$27,143,221	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,182,324	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$3,935,151	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$32,260,696	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$32,260,696	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$483,910	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$31,776,786	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,588,839	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,588,839	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$9,220	TaxBasedOnInvestmentIncomeAmt
Total Tax	$9,220	TotalTaxAmt
Distributable Before Adj	$1,579,619	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,579,619	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,579,619	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,452,038	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$2,452,038	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$9,220	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$2,442,818	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,579,619	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$330,919	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$218,967	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$25,511	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$1,907,451	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$912,929	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$3,395,777	TotalExcessDistributionCyovAmt
Qualifying Distributions	$2,452,038	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,579,619	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$872,419	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$4,268,196	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$330,919	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$3,937,277	ExcessDistriCyovToNextYrAmt
Excess From Year4	$218,967	ExcessFromYear4Amt
Excess From Year3	$25,511	ExcessFromYear3Amt
Excess From Year2	$1,907,451	ExcessFromYear2Amt
Excess From Year1	$912,929	ExcessFromYear1Amt
Excess From Current Year	$872,419	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	RD HUBBARD	ContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	ROBERT DONALDSON	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 2498	AddressLine1Txt
City	RUIDOSO	CityNm
State Abbreviation	NM	StateAbbreviationCd
ZIP	88355	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	5752585919	RecipientPhoneNum
Form And Info And Materials	GENERAL LETTER OF REQUEST	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE-NOTICE OF ACCEPTANCE/DENIAL RETURNED IN TWO MONTHS	SubmissionDeadlinesTxt
Restrictions On Awards	EDUCATIONAL PURPOSES PRIMARILY IN THESE STATES - CALIFORNIA, TEXAS, KANSAS, NEW MEXICO	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (75 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	CountryRecipientForeignAddress/CountryCd	Foreign PostalRecipientForeignAddress/ForeignPostalCd
ALL AMERICAN RUIDOSO DOWNS FOUNDATION
26225 US 70	RUIDOSO DOWNS	NM	88346	NONE	PUBLIC	GENERAL SUPPORT	$2,500
ANGUS CHURCH OF THE NAZARENE
103 BONITA PARK RD	ANGUS	NM	88316	NONE	PUBLIC	GENERAL SUPPORT	$4,000
BARBARA SINATRA CHILDREN'S FOUNDATION
39000 BOB HOPE DRIVE	RANCHO MIRAGE	CA	92270	NONE	PUBLIC	GENERAL SUPPORT	$10,000
BIGHORN BEHIND A MIRACLE
255 PALOWET DRIVE	PALM DESERT	CA	92260	NONE	PUBLIC	GENERAL SUPPORT	$15,000
BIGHORN GOLF CLUB CHARITIES
255 PALOWET DRIVE	PALM DESERT	CA	92260	NONE	PUBLIC	GENERAL SUPPORT	$44,000
BONITO FIRE DEPARTMENT
433 NM-220	ALTO	NM	88312	NONE	PUBLIC	GENERAL SUPPORT	$3,400
BOYS & GIRLS CLUB OF SIERRA BLANCA
134 REESE DRIVE	RUIDOSO	NM	88345	NONE	PUBLIC	GENERAL SUPPORT	$7,000
BRIGHAM YOUNG UNIVERSITY
PROVO	PROVO	UT	84602	NONE	PUBLIC	SCHOLARSHIP	$2,000
BUTLER COMMUNITY COLLEGE
901 S HAVERHILL RD	EL DORADO	KS	67042	NONE	PUBLIC	SCHOLARSHIP	$2,500
BUTLER COMMUNITY COLLEGE FOUNDATION
901 S HAVERHILL RD	EL DORADO	KS	67042	NONE	PUBLIC	SCHOLARSHIPS	$10,000
CAPITAN PUBLIC LIBRARY
101 E 2ND ST	CAPITAN	NM	88316	NONE	PUBLIC	GENERAL SUPPORT	$4,000
CARRIZOZO FOOD BANK
1010 13TH ST	CARRIZOZO	NM	88301	NONE	PUBLIC	GENERAL SUPPORT	$4,000
CENTRAL NEW MEXICO COMMUNITY COLLEGE
900 UNIVERSITY BLVD SE	ALBUQUERQUE	NM	87106	NONE	PUBLIC	SCHOLARSHIP	$4,000
CHILDRENS DISCOVER MUSEUM
180 WOZ WAY	SAN JOSE	CA	95110	NONE	PUBLIC	GENERAL SUPPORT	$22,500
CHP 11-99 FOUNDATION
2244 NORTHSTATE COLLEGE BOULEVARD	FULLERTON	CA	92831	NONE	PUBLIC	GENERAL SUPPORT	$50,000
CITY OF RUIDOSO DOWNS FIRE DEPARTMENT
313 CREE MEADOWS DR	RUIDOSO DOWNS	NM	88345	NONE	PUBLIC	GENERAL SUPPORT	$4,000
CLEMSON UNIVERSITY
105 SIKES HALL	CLEMSON	SC	29634	NONE	PUBLIC	SCHOLARSHIP	$5,000
COLLEGE OF THE DESERT FOUNDATION
43-500 MONTEREY AVE	PALM DESERT	CA	92260	NONE	PUBLIC	GENERAL SUPPORT	$2,500
COUNTY OF LINCOLN EMERGENCY SERVICES
300 CENTRAL AVENUE	CARRIZOZO	NM	88301	NONE	PUBLIC	GENERAL SUPPORT	$4,000
DECENTRELIZED INTELLIGENCE AGENCY
131 GUMM BROTHERS RD	CARRIZOZO	NM	88301	NONE	PUBLIC	GENERAL SUPPORT	$2,500
EASTERN NEW MEXICO UNIVERSITY
1500 S AVENUE K	PORTALES	NM	88130	NONE	PUBLIC	SCHOLARSHIP	$750
EASTERN NEW MEXICO UNIVERSITY - RUIDOSO
709 MECHEM DR	RUIDOSO	NM	88345	NONE	PUBLIC	GENERAL SUPPORT	$1,500
EISENHOWER MEDICAL CENTER
39000 BOB HOPE DR	RANCHO MIRAGE	CA	92270	NONE	PUBLIC	GENERAL SUPPORT	$800,000
FAMILY YMCA OF THE DESERT
43930 SAN PABLO AVE	PALM DESERT	CA	92260	NONE	PUBLIC	GENERAL SUPPORT	$1,500
FORT HAYS STATE UNIVERSITY
600 PARK ST	HAYS	KS	67601	NONE	PUBLIC	GENERAL SUPPORT	$30,000
FORT STANTON INC
104 KIT CARSON RD	FORT STANTON	NM	88323	NONE	PUBLIC	GENERAL SUPPORT	$2,000
GODDARD HIGH SCHOOL
701 E COUNTRY CLUB RD	GODDARD	KS	88201	NONE	PUBLIC	GENERAL SUPPORT	$3,000
GUTHRIE OPPORTUNITY CENTER
900 NUTTER DR	BARDSTOWN	KY	40004	NONE	PUBLIC	GENERAL SUPPORT	$20,000
HAMMOND ENTERTAINMENT
14431 VENTURA BLVD	SHERMAN OAKS	CA	91423	NONE	PUBLIC	GENERAL SUPPORT	$10,000
HUBBARD MUSEUM OF THE AMERICAN WEST
26301 US-70	RUIDOSO DOWNS	NM	88346	NONE	PUBLIC	GENERAL SUPPORT	$9,200
INDIANA UNIVERSITY SCHOOL OF MEDICINE
340 W 10TH ST 6200	INDIANAPOLIS	IN	46202	NONE	PUBLIC	SCHOLARSHIP	$7,500
KANSAS STATE UNIVERSITY
MANHATTAN	MANHATTAN	KS	66506	NONE	PUBLIC	SCHOLARSHIP	$25,000
LINCOLN COUNTY FOOD BANK
138 SERVICE RD	RUIDOSO	NM	88345	NONE	PUBLIC	GENERAL SUPPORT	$7,000
LINCOLN COUNTY HUMANE SOCIETY FURR BALL
26048 US HWY 70	RUIDOSO	NM	88355	NONE	PUBLIC	GENERAL SUPPORT	$1,000
LINCOLN COUNTY SANTA'S HELPERS
1211 HULL ROAD	LINCOLN COUNTY	NM	88345	NONE	PUBLIC	GENERAL SUPPORT	$2,000
LINCOLN COUNTY SHERRIFF'S DEPARTMENT
300 CENTRAL AVE	CARRIZOZO	NM	88301	NONE	PUBLIC	GENERAL SUPPORT	$5,200
MATTHEW SILVERMAN MEMORIAL FOUNDATION
324 S BEVERLY DR 411	BEVERLY HILLS	CA	90212	NONE	PUBLIC	GENERAL SUPPORT	$5,500
MCCALLUM THEATER
73000 FRED WARING DR	PALM DESERT	CA	92260	NONE	PUBLIC	GENERAL SUPPORT	$75,000
MIRACLE'S PAWS FOR PETS
PO BOX 881	CARRIZOZO	NM	88301	NONE	PUBLIC	GENERAL SUPPORT	$1,000
NAVIENT
220 LASLEY AVE	WILKES BARRE	PA	18706	NONE	PUBLIC	GENERAL SUPPORT	$7,455
NEW MEXICO STATE UNIVERSITY
1780 E UNIVERSITY AVE	LAS CRUCES	NM	88003	NONE	PUBLIC	SCHOLARSHIP	$14,250
NOGAL FIREFIGHTERS ASSOCIATION
NM-37	NOGAL	NM	88341	NONE	PUBLIC	GENERAL SUPPORT	$8,000
OKLAHOMA STATE UNIVERSITY
120 AGRICULTURE NORTH	STILLWATER	OK	74078	NONE	PUBLIC	SCHOLARSHIP	$2,000
PALM SPRINGS ART MUSEUM
72567 CA-111	PALM DESERT	CA	92260	NONE	PUBLIC	GENERAL SUPPORT	$5,000
PUERTO ESPERANZA DDBA HOPE HARBOR
PO BOX 1296	RUIDOSO	NM	88355	NONE	PUBLIC	GENERAL SUPPORT	$5,000
RED ROCKS COMMUNITY COLLEGE
13300 W 6TH AVE FRONTAGE RD	LAKEWOOD	CO	80228	NONE	PUBLIC	SCHOLARSHIP	$2,500
ROYAL MARSDEN CANCER CHARITY
				NONE	PUBLIC	GENERAL SUPPORT	$2,570	DOWNS RD	SUTTON	UK	SM2 5PT
RUIDOSO DOWN RACETRACK CHAPLAINCY
26225 US 70	RUIDOSO DOWNS	NM	88346	NONE	PUBLIC	GENERAL SUPPORT	$10,000
RUIDOSO DOWNS POLICE DEPARTMENT
123 DOWNS DRIVE	RUIDOSO DOWNS	NM	88346	NONE	PUBLIC	GENERAL SUPPORT	$2,500
RUIDOSO FIRE DEPARTMENT
541 SUDDERTH DR	RUIDOSO	NM	88345	NONE	PUBLIC	GENERAL SUPPORT	$9,000
RUIDOSO HOSPICE FOUNDATION
PO BOX 555	RUIDOSO	NM	88355	NONE	PUBLIC	GENERAL SUPPORT	$500
SCRIPPS HEALTH FOUNDATION
4275 CAMPUS POINT CT	SAN DIEGO	CA	92121	NONE	PUBLIC	GENERAL SUPPORT	$510,000
SIERRA BLANCA BOOK SHARE PROJECT
1120 HULL ROAD	RUIDOSO	NM	88345	NONE	PUBLIC	GENERAL SUPPORT	$3,000
SKI APACHE ADAPTIVE SPORTS
1286 SKI RUN RD	ALTO	NM	88312	NONE	PUBLIC	GENERAL SUPPORT	$8,200
SMITH CENTER PUBLIC SCHOOL
300 ROGER BARTA WAY	SMITH CENTER	KS	66967	NONE	PUBLIC	SCHOLARSHIP	$22,500
SOUTHWESTERN ARTS ALLIANCE INC
10282 US HWY 380	HONDO	NM	88336	NONE	PUBLIC	GENERAL SUPPORT	$2,000
SPENCER THEATER FOR THE PERFORMING ARTS
108 SPENCER RD	ALTO	NM	88312	NONE	PUBLIC	GENERAL SUPPORT	$41,275
STANFORD UNIVERSITY
450 SERRA MALL	STANFORD	CA	94305	NONE	PUBLIC	SCHOLARSHIP	$2,000
STATE FAIR OF TEXAS
3809 GRAND AVE	DALLAS	TX	75210	NONE	PUBLIC	GENERAL SUPPORT	$2,500
SUNPORCH OF SMITH CENTER
300 ROGER BARTA WAY	SMITH CENTER	KS	66967	NONE	PUBLIC	GENERAL SUPPORT	$100,000
TEXAS A&M UNIVERSITY
400 BIZZELL ST	COLLEGE STATION	TX	77843	NONE	PUBLIC	SCHOLARSHIP	$12,500
TEXAS CHRISTIAN UNIVERSITY
2800 S UNIVERSITY DR	FORT WORTH	TX	76129	NONE	PUBLIC	SCHOLARSHIP	$21,000
TEXAS TECH UNIVERSITY
2500 BROADWAY	LUBBOCK	TX	79409	NONE	PUBLIC	SCHOLARSHIP	$10,750
TEXAS WOMANS UNIVERSITY
304 ADMINISTRATION DR	DENTON	TX	76204	NONE	PUBLIC	SCHOLARSHIP	$2,500
THE HAWN FOUNDATION
220 26TH ST SUITE 203	SANTA MONICA	CA	90402	NONE	PUBLIC	GENERAL SUPPORT	$20,000
THE HORATIO ALGER ASSOCIATION
99 CANAL CENTER PLAZA SUITE 320	ALEXANDRIA	VA	22314	NONE	PUBLIC	SCHOLARSHIP AND GENERAL SUPPORT	$125,000
UNIVERSITY OF ARIZONA
THE UNIVESITY OF ARIZONA	TUCSON	AZ	85721	NONE	PUBLIC	SCHOLARSHIP	$5,000
UNIVERSITY OF COLORADO
552 UCB	BOULDER	CO	80309	NONE	PUBLIC	SCHOLARSHIP	$6,500
UNIVERSITY OF KANSAS
1450 JAYHAWK BLVD	LAWERENCE	KS	66045	NONE	PUBLIC	SCHOLARSHIP	$2,500
UNIVERSITY OF NEW MEXICO
THE UNIVESITY OF NEW MEXICO	ALBUQUERQUE	NM	87131	NONE	PUBLIC	SCHOLARSHIP	$2,000
VILLAGE OF RUIDOSO PARKS & RECREATION
535 RESORT DR	RUIDOSO	NM	88345	NONE	PUBLIC	GENERAL SUPPORT	$7,000
WARRIOR PRIDE
200 HORTON CIRCLE	RUIDOSO	NM	88345	NONE	PUBLIC	GENERAL SUPPORT	$2,500
WASHBURN UNIVERSITY
1700 SW COLLEGE AVE	TOPEKA	KS	66621	NONE	PUBLIC	SCHOLARSHIP	$10,000
WICHITA STATE UNIVERSITY
1845 FAIRMOUNT ST	WICHITA	KS	67260	NONE	PUBLIC	SCHOLARSHIP	$32,500
YOUTH ON COURSE
3200 LOPEX ROAD	PEBBLE BEACH	CA	93953	NONE	PUBLIC	GENERAL SUPPORT	$10,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$2,240,050	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	$691,564	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$304,079	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (3 entries)

DescDesc	BusinessBusinessCd	ExclusionExclusionCd	ExclusionExclusionAmt
PASSTHROUGH FROM PARTNERSHIP INVESTMENTS	523000	14	$20,139
RENTAL INCOME		16	$93,166
OTHER INCOME			$38,995

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,147,943	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,147,943	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$11,775	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (22 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	Cost Or Other BasisCostOrOtherBasisAmt	Prior Year DepreciationPriorYearDepreciationAmt	Computation MethodComputationMethodTxt	LifeLifeRt	Current Year ExpenseCurrentYearExpenseAmt	Net Investment IncomeNetInvestmentIncomeAmt
EQUIPMENT/FURNITURE	1991-06-30	$9,567	$9,567	200DB	7.000000000000	$0	$0
IBM TYPEWRITER	1995-04-05	$395	$395	SL	7.000000000000	$0	$0
FURNITURE - VARIOUS	1995-04-10	$4,349	$4,349	SL	7.000000000000	$0	$0
FURNISHINGS	1995-05-03	$1,190	$1,190	SL	7.000000000000	$0	$0
OFFICE AWNING	1995-06-19	$1,314	$1,314	SL	7.000000000000	$0	$0
PHONE SYSTEM	1997-08-15	$1,487	$1,487	SL	7.000000000000	$0	$0
BUILDING REMODEL	1997-08-15	$9,049	$4,967	SL	39.000000000000	$232	$0
OFFICE FURNITURE	1997-08-15	$2,862	$2,862	SL	7.000000000000	$0	$0
CARPET, BLINDS, AWNING	1997-08-15	$1,410	$1,410	SL	7.000000000000	$0	$0
LIGHT FIXTURES & FAN	1999-05-17	$873	$873	SL	7.000000000000	$0	$0
PANASONIC COPIER	1999-07-14	$4,843	$4,843	SL	7.000000000000	$0	$0
AIR CONDITIONER	2000-09-12	$2,851	$2,851	SL	7.000000000000	$0	$0
PHONE SYSTEM	2003-09-15	$400	$400	SL	7.000000000000	$0	$0
COPIER - ROYAL RC 2310	2006-01-15	$2,500	$2,500	SL	5.000000000000	$0	$0
BATHROOM REMODEL	2008-08-11	$3,773	$1,006	SL	39.000000000000	$97	$0
2008 TOYOTA	2008-11-05	$38,794	$38,794	SL	5.000000000000	$0	$0
COMPUTER FOR OFFICE	2008-10-14	$1,512	$1,512	SL	5.000000000000	$0	$0
2008 CRYSLER 300 C	2009-05-26	$15,590	$15,590	200DB	5.000000000000	$0	$0
THERMAL WAREHOUSE	2009-12-01	$1,257,256	$291,476	SL	39.000000000000	$32,237	$0
WAREHOUSE B THERMAL - BUILDING ONLY LAND LEASED	2012-01-17	$1,195,000	$213,210	SL	39.000000000000	$30,641	$0
FENCE	2012-03-26	$1,812	$311	SL	39.000000000000	$46	$0
2014 JEEP GRAND CHEROKEE	2016-09-13	$35,233	$10,279	150DB	5.000000000000	$2,935	$0

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
BEL AIR CLEARBRIDGE	$2,499,481	$2,919,441
BEL AIR DODGE COX	$6,364,774	$7,506,923
BEL AIR FIXED 31823	$5,076,075	$5,105,414
BEL AIR LAZARD SEP	$1,968,872	$2,699,280
BEL AIR SEER CAPITOL PARTNER	$112,498	$0
BEL AIR TROOB	$111,294	$0
BEL AIR US EQUITIES	$5,656,649	$10,221,709

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
THERMAL WAREHOUSE	$1,257,256	$323,713	$933,543	$933,543
WAREHOUSE B THERMAL - BUILDING ONLY LAND LEASED	$1,195,000	$243,851	$951,149	$951,149

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (9 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
ARTWORK	AT COST	$300,000	$300,000
BEL AIR APOLLO CREDIT OP	AT COST	$293,098	$294,324
BEL AIR DYAL CAPITAL PARTNERS	AT COST	$481,558	$552,634
GAMEPLAY NETWORK	AT COST	$250,000	$250,000
RIDE TELEVISION NETWORKS INC	AT COST	$500,010	$500,010
THE LEAF AT 73-740	AT COST	$3,485	$3,485
VINEYARD FUND SPV I	AT COST	$48,879	$48,879
LEED HOLDINGS LLC	AT COST	$500,000	$500,000
LOVELL MINNICK	AT COST	$93,147	$93,147

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (20 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
EQUIPMENT/FURNITURE	$9,567	$9,567	$0	$0
IBM TYPEWRITER	$395	$395	$0	$0
FURNITURE - VARIOUS	$4,349	$4,349	$0	$0
FURNISHINGS	$1,190	$1,190	$0	$0
OFFICE AWNING	$1,314	$1,314	$0	$0
PHONE SYSTEM	$1,487	$1,487	$0	$0
BUILDING REMODEL	$9,049	$5,199	$3,850	$3,850
OFFICE FURNITURE	$2,862	$2,862	$0	$0
CARPET, BLINDS, AWNING	$1,410	$1,410	$0	$0
LIGHT FIXTURES & FAN	$873	$873	$0	$0
PANASONIC COPIER	$4,843	$4,843	$0	$0
AIR CONDITIONER	$2,851	$2,851	$0	$0
PHONE SYSTEM	$400	$400	$0	$0
COPIER - ROYAL RC 2310	$2,500	$2,500	$0	$0
BATHROOM REMODEL	$3,773	$1,103	$2,670	$2,670
2008 TOYOTA	$38,794	$38,794	$0	$0
COMPUTER FOR OFFICE	$1,512	$1,512	$0	$0
2008 CRYSLER 300 C	$15,590	$15,590	$0	$0
FENCE	$1,812	$357	$1,455	$1,455
2014 JEEP GRAND CHEROKEE	$35,233	$30,831	$4,402	$4,402

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (4 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
DEPOSITS	$100	$100	$100
N/R - FRENCH BROTHERS HOMES	$391,783	$467,717	$467,717
BRILEY- MORTGAGE LOAN	$272,658	$268,837	$268,837
NOTE RIDE TELEVISION	$1,000,000	$1,000,000	$1,000,000

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
UNREALIZED GAIN/LOSS PASSTHROUGH FROM PARTNERSHIP INVESTMENTS	$333,313
CURRENT CHANGE IN NET ASSETS	$26,330

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
AUTO EXPENSE	$611	$0	$611
DUES AND SUBSCRIPTIONS	$244	$0	$244
INSURANCE	$35,301	$0	$35,301
INVESTMENT EXPENSE	$198,817	$198,817	$0
MISCELLANEOUS	$1,369	$0	$1,369
OFFICE EXPENSE	$12,835	$0	$12,835
PASSTHROUGH FROM PARTNERSHIP INVESTMENTS	$86,356	$16,770	$0
POSTAGE	$5,527	$0	$5,527
REPAIRS AND MAINTENANCE	$557	$0	$557
MEALS	$28	$0	$28

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
PASSTHROUGH FROM PARTNERSHIP INVESTMENTS	$20,139	$20,139	$20,139
RENTAL INCOME	$93,166	$93,166	$93,166
OTHER INCOME	$38,995	$38,995	$38,995

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
BEL AIR MLP 32975	$0	$2,690
BEL AIR YORK	$0	$123,385

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	OTHER FEES	CategoryTxt
Amt	$28,008	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES	$6,997	$6,997	$0
PROPERTY TAXES	$35,383	$0	$35,383
EXCISE TAX	$44,562	$0	$0