SUMNERS FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: SUMNERS FOUNDATION (EIN 75-2734032)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-09-03
IRS object ID: 202042479349100009
Schema version: 2019v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Investments Land Schedule2
Investments Other Schedule2
Land Etc Schedule2
Legal Fees Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-09-03T10:00:42-07:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	752593210	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Sutton Frost Cary LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	600 Six Flags Dr Suite 600	AddressLine1Txt
City	Arlington	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76011	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	752734032	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HATTON W SUMNERS FOUNDATION FOR THE	BusinessNameLine1Txt
Business Name Line2	STUDY & TEACHING OF SELF-GOVERNMENT INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	HATT	BusinessNameControlTxt
Phone	2142202128	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	325 N ST PAUL STREET	AddressLine1Txt
City	DALLAS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	75201	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	T Charles Pierson	PersonNm
Person Title	Executive Dir.	PersonTitleTxt
Signature	2020-09-03	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Kimberly D Crawford	PreparerPersonNm
PTIN	P00446484	PTIN
Phone	8176498083	PhoneNum

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2020-11-19 02:30:22Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$66,485,850	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$170,602	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$393,786	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$393,786	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$1,074,076	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,074,076	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$191,703	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$7,074,747	GrossSalesPriceAmt
Other Income Rev And Expnss	$984,800	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$521,056	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$2,431,561	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,988,918	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$749,362	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$354,884	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$394,478	CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$69,675	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$32,501	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$37,174	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$12,098	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$12,073	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$25	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$24,833	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$12,416	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$12,417	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$22,008	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$28,536	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$16,955	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$32,947	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$32,947	DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss	$60,929	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$30,464	OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl	$30,465	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$114,543	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$4,565	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$109,978	TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$4,015	PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl	$4,015	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$525,282	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$164,011	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$66,365	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,615,692	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$672,397	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$671,872	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$2,490,980	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,490,980	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$4,106,672	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$672,397	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$3,162,852	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,675,111	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,316,521	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$175,114	CashBOYAmt
Cash EOY	$1,095,874	CashEOYAmt
Cash EOYFMV	$1,095,874	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$1,462,756	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$941,851	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$941,851	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$206,916	AcctRcvblAmt
Acct Rcvbl BOY	$158,332	AcctRcvblBOYAmt
Acct Rcvbl EOY	$206,916	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$206,916	AcctRcvblEOYFMVAmt
Prepaid Expenses BOY	$25,434	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$31,728	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$31,728	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$24,086,606	CorporateStockBOYAmt
Corporate Stock EOY	$27,914,995	CorporateStockEOYAmt
Corporate Stock EOYFMV	$27,914,995	CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis	$279,402	InvstLandCostOrOtherBasisAmt
Land Bldg Investments BOY	$279,402	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY	$279,402	LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV	$279,402	LandBldgInvestmentsEOYFMVAmt
Mortgage Loans BOY	$4,825,421	MortgageLoansBOYAmt
Mortgage Loans EOY	$4,177,330	MortgageLoansEOYAmt
Mortgage Loans EOYFMV	$4,177,330	MortgageLoansEOYFMVAmt
Other Investments BOY	$30,288,050	OtherInvestmentsBOYAmt
Other Investments EOY	$31,824,413	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$31,824,413	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$118,486	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$105,145	LandBldgEquipAccumDeprecAmt
Land BOY	$18,708	LandBOYAmt
Land EOY	$13,341	LandEOYAmt
Land EOYFMV	$13,341	LandEOYFMVAmt
Total Assets BOY	$61,319,823	TotalAssetsBOYAmt
Total Assets EOY	$66,485,850	TotalAssetsEOYAmt
Total Assets EOYFMV	$66,485,850	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$8,501	AccountsPayableBOYAmt
Accounts Payable EOY	$6,010	AccountsPayableEOYAmt
Other Liabilities BOY	$6,430	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$6,430	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$14,931	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$12,440	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$61,304,892	NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY	$61,304,892	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$66,473,410	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$61,319,823	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$66,485,850	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$61,304,892	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,675,111	ExcessRevenueOverExpensesAmt
Other Increases	$6,843,629	OtherIncreasesAmt
Subtotal	$66,473,410	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$66,473,410	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
VANGUARD INSTITUTIONAL INDEX	P	2018-01-01	2019-02-12	$1,500,000	$930,773	$569,227	$569,227
VANGUARD INSTITUTIONAL INDEX	P	2018-01-01	2019-04-01	$72,200	$72,897	-$697	-$697
VANGUARD INSTITUTIONAL INDEX	P	2018-01-01	2019-05-10	$33,147	$32,218	$929	$929
VANGUARD INSTITUTIONAL INDEX	P	2018-01-01	2019-05-13	$697,980	$595,773	$102,207	$102,207
BROADVIEW OPPORTUNITY FUND	P	2018-01-01	2019-06-19	$113,029	$150,757	-$37,728	-$37,728
FEDERATED ULTRASHORT BOND	P	2018-01-01	2019-11-05	$1,639,980	$1,641,807	-$1,827	-$1,827
BROADVIEW OPPORTUNITY FUND	P	2018-01-01	2019-10-31	$3,013,638	$3,842,225	-$828,587	-$828,587
GRAHAM ASSET SALE	P	2018-01-01	2019-01-01	$4,773		$4,773	$4,773

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$191,703	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$3,072,301	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$65,280,966	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.04706	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$3,052,176	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$64,032,628	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.04767	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$3,054,080	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$62,925,510	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.04854	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$3,180,483	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$68,089,950	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.04671	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$2,817,981	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$63,287,615	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.04453	DistributionYr5Rt
Total Distribution	0.234501	TotalDistributionRt
Average Distribution	0.046900	AverageDistributionRt
Net Vl Noncharitable Assets	$65,658,851	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$3,079,400	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$13,165	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$3,092,565	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$3,162,852	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	$13,165	InvestmentIncomeExciseTaxAmt
Subtotal	$13,165	SubtotalAmt
Tax Based On Investment Income	$13,165	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$40,000	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$40,000	TotalPaymentsAndCreditsAmt
Overpayment	$26,835	OverpaymentAmt
Applied To ES Tax	$26,835	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
Website Address	WWW.HATTONSUMNERS.ORG	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	CHARLES PIERSON	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2142202128	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	325 NORTH ST PAUL SUITE 3920	AddressLine1Txt
City	DALLAS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	752013821	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (true)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	Yes (true)	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
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 (9 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt
DAVID G DRUMM
901 MAIN STREET STE 500	DALLAS	TX	752023767	Treasurer	2.00	$29,000
JERRY D REIS
6012 W CAMPUS CIRCLE DR 210	IRVING	TX	75063	Chairman	2.00	$32,000
LON R WILLIAMS
2501 N HARWOOD SUITE 1900	DALLAS	TX	75201	VICE CHAIRMAN	2.00	$30,500
SCOTT M HIGGINBOTHAM
125 BELLAIRE AVENUE	DUMAS	TX	79029	Director	2.00	$26,494
WILLIAM W MEADOWS
421 W 3RD STREET SUITE 800	FORT WORTH	TX	76102	Director	2.00	$16,766
MIKE MCELROY
325 N ST PAUL ST STE 3920	DALLAS	TX	75201	Controller	40.00	$91,154	$13,200
BETH VAN DUYNE
325 N ST PAUL ST STE 3920	DALLAS	TX	75201	Secretary	2.00	$8,624
BRANT C MARTIN
325 N ST PAUL ST STE 3920	DALLAS	TX	75201	Director	2.00	$24,869
T Charles Pierson
325 N ST PAUL ST STE 3920	DALLAS	TX	75201	Executive Dir.	40.00	$222,692	$32,250

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt
JANEMARIE CLARK
325 N ST PAUL ST STE 3920	DALLAS	TX	75201	EXEC. ASSISTANT	40.00	$66,308	$9,600
EILEEN RESNIK
325 N ST PAUL ST STE 3920	DALLAS	TX	75201	PROGRAM DIRECTOR	40.00	$100,962	$14,625

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$28,900,006	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,286,814	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$36,471,912	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$66,658,732	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$66,658,732	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$999,881	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$65,658,851	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$3,282,943	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$3,282,943	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$13,165	TaxBasedOnInvestmentIncomeAmt
Total Tax	$13,165	TotalTaxAmt
Distributable Before Adj	$3,269,778	DistributableBeforeAdjAmt
Distributable Before Ded	$3,269,778	DistributableBeforeDedAmt
Distributable As Adjusted	$3,269,778	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$3,162,852	ExpensesAndContributionsAmt
Qualifying Distributions	$3,162,852	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$13,165	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$3,149,687	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$3,269,778	DistributableAsAdjustedAmt
Undistributed Income PY	$3,051,680	UndistributedIncomePYAmt
Qualifying Distributions	$3,162,852	QualifyingDistributionsAmt
Applied To Year1	$3,051,680	AppliedToYear1Amt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$111,172	AppliedToCurrentYearAmt
Undistributed Income CY	$3,158,606	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	CHARLES PIERSON	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	325 N ST PAUL STREET SUITE 3920	AddressLine1Txt
City	DALLAS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	752013821	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	2142202128	RecipientPhoneNum
Recipient Email Address	CHARLES@SUMNERSFOUNDATION.ORG	RecipientEmailAddressTxt
Form And Info And Materials	LETTER, RESUME OF ORGANIZATION OR PERSON AND OTHER SUPPORTING MATERIAL.	FormAndInfoAndMaterialsTxt
Submission Deadlines	VARIOUS	SubmissionDeadlinesTxt
Restrictions On Awards	AWARDS ARE LIMITED TO THE STUDY AND TEACHING OF THE SCIENCE OF SELF-GOVERNMENT.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (43 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
BAYLOR UNIVERSITY
1311 S 5TH ST	WACO	TX	76706	NONE	PC	iENGAGE SUMMER CIVICS	$25,000
BIG BROTHERS BIG SISTERS LONESTAR
450 E JOHN CARPENTER FWY	IRVING	TX	75062	NONE	PC	CITIZENSHIP CHARACTER PROGRAM	$25,000
THE BILL OF RIGHTS INSTITUTE
200 NORTH GLEBE ROAD	ARLINGTON	VA	22203	NONE	PC	CONSTITUTION SEMINAR N.M. & OK TEACHERS	$25,000
FOUNDATION FOR TEACHING ECONOMICS
260 RUSSELL BLVD	DAVIS	CA	95616	NONE	PC	ECONOMICS FOR LEADERS	$75,000
FUND FOR AMERICAN STUDIES
1706 NEW HAMPSHIRE AVE	WASHINGTON	DC	20009	NONE	PC	UNDERGRAD SCHOLARSHIPS TO WASHINGTON D.C.	$67,000
HOWARD PAYNE UNIVERSITY
1000 FISK STREET	BROWNWOOD	TX	76801	NONE	PC	Scholarship Program Development	$5,500
LAW FOCUSED EDUCSTATE BAR OF TEXAS
14651 DALLAS PKWY	DALLAS	TX	75254	NONE	PC	TEXAS CITIZEN BEE AND WHAT UNITES PROGRAM	$341,000
OCU SCHOOL OF LAW
800 N HARVEY AVE	OKLAHOMA CITY	OK	73102	NONE	PC	HIGH IDEALS SCHOLARSHIP PREVIEW	$15,000
PHILANTHROPY ROUNDTABLE
1730 M STREET NM	WASHINGTON	DC	20036	NONE	PC	GENERAL SUPPORT AND ALLIANCE FOR CHARITABLE REFORM	$8,000
SMU-DEDMAN SCHOOL OF LAW
PO BOX 750100	DALLAS	TX	75275	NONE	PC	SUMMER SCHOLARS ENDOWMENT	$64,230
ST EDWARDS UNIVERSITY
3001 S CONGRESS AVE	AUSTIN	TX	78704	NONE	PC	SCHOLARSHIP PROGRAMDEVELOPMENT	$18,000
TEXAS CHRISTIAN UNIVERSITY
2800 S UNIVERSITY DR	FORT WORTH	TX	76129	NONE	PC	ENGAGE SUMMER CIVICS INSTITUTE	$23,000
TEXAS TRIBUNE
823 CONGRESS AVE	AUSTIN	TX	78701	NONE	PC	FESTIVAL, CONVERSATION SERIES & SYMPOSIUMS ON PUBLIC POLICY	$75,000
TEXAS WESLEYAN UNIVERSITY
1201 WESLEYAN ST	FORT WORTH	TX	75105	NONE	PC	SUMNERS SCHOLARSHIP ENDOWMENT	$6,000
UNIVERSITY OF DALLAS
1845 E NORTHGATE DR	IRVING	TX	75062	NONE	PC	SUMNERS SCHOLARSHIP PROGRAM	$63,000
UNIVERSITY OF NORTH TEXAS FOUNDATION
1155 UNION CIRCLE	DENTON	TX	76203	NONE	PC	SUPPORT FOR KUEHNE SPEAKER SERIES	$35,000
UNIVERSITY OF TEXAS AT AUSTIN
BOX 8058	AUSTIN	TX	78712	NONE	PC	ANNETTE STRAUS INSTITUTE	$68,000
YMCA ALBUQUERQUE CENTRAL NM
4701 MONTANO RD NM	ALBUQUERQUE	NM	87120	NONE	PC	YOUTH AND GOVERNMENT	$75,000
TEXAS STATE ALLIANCE OF OF YMCAS
3208 RED RIVER ST	AUSTIN	TX	78705	NONE	PC	YOUTH AND GOVERNMENT	$178,000
YMCA OKLAHOMA CITY
100 W MAIN ST	OKLAHOMA CITY	OK	73102	NONE	PC	YOUTH AND GOVERNMENT	$90,000
AUSTIN COLLEGE
900 N GRAND AVE	SHERMAN	TX	75090	NONE	PC	CRIMINAL LAW SYMPOSIUM	$2,750
NEW MEXICO FIRST
505 MARQUETTE AVE	ALBUQUERQUE	NM	87102	NONE	PC	NEW MEXICO PROGRESS REPORT	$50,000
SCHREINER UNIVERSITY
2100 SAN ANTONIO HWY	KERRVILLE	TX	78028	NONE	PC	SCHOLARS TUITION	$8,000
WORLD AFFAIRS COUNCIL
325 NORTH ST PAUL STREET 4200	DALLAS	TX	75201	NONE	PC	CIVIC PARTICIPATION LECTURE SERIES	$39,000
INSTITUTE FOR POLICY INNOVATION
1660 S INTERSTATE 35-E	LEWISVILLE	TX	75067	NONE	PC	HWS DISTINGUISHED LECTURES	$300,000
LIBERTAS ACADEMY
33617 E FOWLER AVE	TAMPA	FL	33617	NONE	PC	SPRING CIVICS INSTITUTE: INSTRUCTION AND CURRICULUM	$15,000
CENTER FOR AMERICAN INTERNATIONAL L
5201 DEMOCRACY LANE	PLANO	TX	75024	NONE	PC	RULE OF LAW LECTURE SERIES	$5,000
COMMUNITIES FOUNDATION OF TEXAS
5500 CARUTH HAVEN LANE	DALLAS	TX	75225	NONE	PC	ESTABLISH AT-LARGE SCHOLAR PROGRAM	$495,000
FIRST LIBERTY INSTITUTE
2001 PLANO PARKWAY 1600	PLANO	TX	75075	NONE	PC	THREE INTERNSHIPS FOR SUMNERS SCHOLARS	$40,000
AMERICAN PROMISE INC
33 BRADFORD ST	CONCORD	MA	01742	NONE	PC	DEMOCRACY SHARETANK	$41,000
ASHBROOK UNIVERSITY
401 COLLEGE AVE	ASHLAND	OH	44805	NONE	PC	ASHBROOK CENTER	$8,000
BETTER ANGELS SOCIETY
2000 MASSACHUSETTS AVE NW	WASHINGTON	DC	20036	NONE	PC	DALLAS POLICY WEEKEND SEMINAR	$50,000
CERTELL INC
2201 E 46TH STREET 302	INDIANAPOLIS	IN	46205	NONE	PC	GENERAL SUPPORT	$15,000
CENTER FOR THE STUDY OF LIBERTY
11301 N MERIDAN STREET	CARMEL	IN	46032	NONE	PC	GENERAL SUPPORT	$17,000
GENERATION CITIZEN
PO BOX 66353	AUSTIN	TX	78766	NONE	PC	GENERAL SUPPORT	$30,000
ISSUE ONE
1401 K STREET NW 350	WASHINGTON	DC	20005	NONE	PC	CIVICS/GOVERNMENTAL EDUCATION	$20,000
MANHATTEN INSTITUTE FOR POLICY RESE
52 VANDERBUILT AVENUE	NEW YORK	NY	10017	NONE	PC	GENERAL SUPPORT	$5,000
PAUL QUINN COLLEGE
3838 SIMPSON STUART RD	DALLAS	TX	75241	NONE	PC	CIVIC ENGAGEMENT	$20,500
THE RIVARD REPORT
126 GONAZLES STREET 100	SAN ANTONIO	TX	78205	NONE	PC	GENERAL SUPPORT	$10,000
TAKE BACK OUR REPUBLIC
246B EAST GLENN AVENUE	AUBURN	AL	36830	NONE	PC	GENERAL SUPPORT	$20,000
THE POLICY CIRCLE
1189 WILMETTE AVENUE	WILMETTE	IL	60091	NONE	PC	GENERAL SUPPORT	$2,000
UNIVERSITY OF TEXAS AT DALLAS
800 W CAMPBELL ROAD	RICHARDSON	TX	75080	NONE	PC	GENERAL SUPPORT	$11,000
YOUNG VOICES
1342 FLORIDA AVENUE NW	WASHINGTON	DC	20009	NONE	PC	GENERAL SUPPORT	$5,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$2,490,980	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$393,786	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,074,076	ExclusionAmt

Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp

Field	Value	IRS element (for citing)
Business	531120	BusinessCd
Unrelated Business Taxbl Incm	$191,562	UnrelatedBusinessTaxblIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	-$191,703	RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt	BusinessBusinessCd	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt
OIL & GAS ROYALTIES	15	$521,056
Pass Through UBI from K-1			531120	-$22,724

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$168,838	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,988,918	ExclusionAmt
Related Or Exempt Function Incm	-$191,703	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,966,053	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (10 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
GRAHAM MORTGAGE
1	3838 OAK LAWN AVE 1250	DALLAS	TX	75219	$10,000	Yes (X)
WICK PHILLIPS
2	100 THROCKMORTON ST 1500	FORT WORTH	TX	76102	$5,000	Yes (X)
PROPERTY ADVISORS REALTY INC
3	2201 W ROYAL LANE 165	IRVING	TX	75063	$5,000	Yes (X)
SCOTT HIGGINBOTHAM
4	125 BELLAIRE AVE	DUMAS	TX	79029	$10,000	Yes (X)
MATADOR RESOURCES COMPANY
5	5400 LBJ FRWY 1500	DALLAS	TX	75240	$5,000	Yes (X)
INWOOD NATIONAL BANK
6	7621 INWOOD ROAD	DALLAS	TX	75209	$5,000	Yes (X)
LOCKE LORD LLP
7	2200 ROSS AVE	DALLAS	TX	75201	$5,000	Yes (X)
STATE BAR OF TEXAS
8	14651 DALLAS PKWY 925	DALLAS	TX	75254	$5,000	Yes (X)
MARLIN CONTROLS INC
9	11011 REGENCY CREST DR 200	DALLAS	TX	75238	$11,500	Yes (X)
KPOST ROOFING
10	1841 W NORTHWEST HWY	DALLAS	TX	75220	$15,000	Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	2416	CategoryTxt
Amt	$24,833	Amt
Net Investment Income	$12,416	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$12,417	DisbursementsCharitablePrpsAmt

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp

Field	Value	IRS element (for citing)
Category Or Item	Land	CategoryOrItemTxt
Cost Or Other Basis	$279,402	CostOrOtherBasisAmt
Book Value	$279,402	BookValueAmt
EOYFMV	$279,402	EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (37 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
AMERRA AGRI FUND II LP	FMV	$1,197,543	$1,197,543
WHITEBOX MULTI STRATEGY FUND	FMV	$3,957,148	$3,957,148
ML-K-18-WP TRUST IV	FMV	$57,323	$57,323
LINX FUND I LP	FMV	$7,517,268	$7,517,268
CAPITAL ROY PARTNERS II	FMV	$503,319	$503,319
TIDELAND ROYALTY TRUST "B"	FMV	$5,665	$5,665
ORRI GULF OF MEXICO	FMV	$549,542	$549,542
ORRI OFFSHORE #2	FMV	$122,875	$122,875
ORRI OKLAHOMA #1	FMV	$154,334	$154,334
ORRI OKLAHOMA #2	FMV	$46,076	$46,076
ORRI KANSAS	FMV	$96,885	$96,885
ORRI LOUISIANA	FMV	$27,600	$27,600
ORRI OKLAHOMA #3	FMV	$38,145	$38,145
ORRI NM #1	FMV	$4,958	$4,958
ORRI TEXAS #2	FMV	$89,839	$89,839
ORRI TEXAS #5	FMV	$481	$481
ORRI LOUISIANA #2	FMV	$385	$385
ORRI LOUISIANA # 3	FMV	$22,758	$22,758
ORRI NM #2	FMV	$4,010	$4,010
ORRI TEXAS #2	FMV	$35,012	$35,012
ORRI TEXAS	FMV	$80,964	$80,964
ORRI LOUISIANA #5	FMV	$24,917	$24,917
ORRI KANSAS #2	FMV	$94,181	$94,181
ORRI WYOMING #1	FMV	$265,359	$265,359
MADISON 1600 VICEROY	FMV	$533,013	$533,013
BACELINE NOP DEBT III	FMV	$269,568	$269,568
HERITAGE OFFICE BUILDING (PAR CAPITAL)	FMV	$691,052	$691,052
PINNACLE IV	FMV	$2,765,976	$2,765,976
AMERRA AGRI FUND III	FMV	$1,417,434	$1,417,434
HACKBERRY CREEK	FMV	$1,575,583	$1,575,583
MADISON, LLC	FMV	$2,331,004	$2,331,004
AMERRA AGR FUND II ANNEX	FMV	$1,170,122	$1,170,122
PINNACLE V LP	FMV	$1,420,681	$1,420,681
PARR CAPITAL 122 WEST	FMV	$2,862,040	$2,862,040
AMERRA PIPELINE CAPITAL	FMV	$1,550,136	$1,550,136
MANOR RV PARK LLC	FMV	$275,000	$275,000
FEDERATED ULTRASHORT BOND INSTL FULIX	FMV	$66,217	$66,217

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxt	EOYFMVEOYFMVAmt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt
Furniture and Fixtures	$13,341
Machinery and Equipment		$118,486	$105,145	$13,341

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$12,098	LegalFeesAmt
Net Investment Income	$12,073	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$25	DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CONTRACT LABOR	$42,843	$21,854	$20,989
GRAHAM MONTHLY SERVICE FEES	$912	$912
INFORMATION TECHNOLOGY	$58,731	$21,249	$37,482
INSURANCE	$15,939	$15,939
INVESTMENT EXPENSES	$53,652	$53,652
MISCELLANEOUS	$7,604	$6,140	$1,464
OIL & GAS MAINTENANCE	$28,746	$28,746
PARKING	$6,607	$4,344	$2,263
POSTAGE	$886	$840	$46
Rental Expenses	$294,906
SCHOLARSHIP EXPENSE	$247		$247
SUPPLIES	$6,973	$5,747	$1,226
TELEPHONE	$7,236	$4,588	$2,648

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
OIL & GAS ROYALTIES	$521,056	$521,056
Pass Through UBI from K-1	-$22,724
Rental Income - Noninvestment Property	$486,468

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	Deferred Excise Taxes	Desc
BOY Book Value	$6,430	BOYBookValueAmt
EOY Book Value	$6,430	EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
dallas property tax	$1,509	$1,509
EXCISE TAX	$23,483
PAYROLL TAX	$32,522	$15,567	$16,955
taxes-land	$11,460	$11,460