SUMNERS FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- SUMNERS FOUNDATION (EIN 75-2734032)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-10-21
- IRS object ID
- 201912949349100101
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments 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 | 2019-10-21T06:10:55-07:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 2018-01-01 | 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 | 2019-10-21 | 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 | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $61,319,823 | 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 | $31,582 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $596,289 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $596,289 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,594,744 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,594,744 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $683,546 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,176,543 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $683,546 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $886,190 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $515,047 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,792,351 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,389,626 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $768,748 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $373,735 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $395,013 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $69,253 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $32,486 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $36,767 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $27,420 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $5,296 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $22,124 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $24,650 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,400 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $12,250 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | -$13,902 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $18,068 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $20,042 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $54,061 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $54,061 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $41,632 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $20,816 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $20,816 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $145,217 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $24,100 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $121,117 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $1,099 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $309 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $790 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $706,470 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $294,179 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $111,316 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,824,648 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $835,450 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $740,235 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,332,066 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,332,066 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,156,714 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $835,450 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,072,301 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$364,363 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,554,176 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,861,970 | CashBOYAmt |
| Cash EOY | $175,114 | CashEOYAmt |
| Cash EOYFMV | $175,114 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $245,185 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,462,756 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,462,756 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $158,332 | AcctRcvblAmt |
| Acct Rcvbl BOY | $207,509 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $158,332 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $158,332 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $58,949 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $25,434 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $25,434 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $30,286,780 | CorporateStockBOYAmt |
| Corporate Stock EOY | $24,086,606 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $24,086,606 | 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 | $5,440,203 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $4,825,421 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $4,825,421 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $25,661,590 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $30,288,050 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $30,288,050 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $121,033 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $102,325 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $27,172 | LandBOYAmt |
| Land EOY | $18,708 | LandEOYAmt |
| Land EOYFMV | $18,708 | LandEOYFMVAmt |
| Total Assets BOY | $66,068,760 | TotalAssetsBOYAmt |
| Total Assets EOY | $61,319,823 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $61,319,823 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $15,040 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $8,501 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $205,109 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $6,430 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $220,149 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,931 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $65,848,611 | UnrestrictedBOYAmt |
| Unrestricted EOY | $61,304,892 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $65,848,611 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $61,304,892 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $66,068,760 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $61,319,823 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $65,848,611 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$364,363 | ExcessRevenueOverExpensesAmt |
| Subtotal | $65,484,248 | SubtotalAmt |
| Other Decreases | $4,179,356 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $61,304,892 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| BROADVIEW OPPORTUNITY FUND | P | 2010-01-01 | 2018-03-07 | $400,000 | $426,281 | -$26,281 | -$26,281 |
| BROADVIEW OPPORTUNITY FUND | P | 2010-01-01 | 2018-12-11 | $250,000 | $359,234 | -$109,234 | -$109,234 |
| JANUS ENTERPIRSE FUND I | P | 2010-01-01 | 2018-03-07 | $400,000 | $290,398 | $109,602 | $109,602 |
| JANUS ENTERPIRSE FUND I | P | 2010-01-01 | 2018-12-10 | $150,000 | $113,361 | $36,639 | $36,639 |
| LAZARD INT STRAT EQUITY | P | 2010-01-01 | 2018-12-10 | $600,000 | $553,230 | $46,770 | $46,770 |
| LAZARD INT STRAT EQUITY | P | 2010-01-01 | 2018-12-11 | $100,000 | $91,818 | $8,182 | $8,182 |
| NUANCE CONCENTRATED VALUE | P | 2010-01-01 | 2018-03-07 | $400,000 | $370,227 | $29,773 | $29,773 |
| NUANCE CONCENTRATED VALUE | P | 2010-01-01 | 2018-12-10 | $150,000 | $142,468 | $7,532 | $7,532 |
| VANGUARD INSTITUTIONAL INDEX | P | 2010-01-01 | 2018-03-07 | $800,000 | $497,428 | $302,572 | $302,572 |
| VANGUARD INSTITUTIONAL INDEX | P | 2010-01-01 | 2018-12-10 | $400,000 | $256,837 | $143,163 | $143,163 |
| WILLIAMS BLAIR EMERGING MARKETS | P | 2010-01-01 | 2018-03-07 | $500,000 | $371,517 | $128,483 | $128,483 |
| FEDERATED ULTRASHORT BOND | P | 2018-01-01 | 2018-05-17 | $400,000 | $400,000 | ||
| FEDERATED ULTRASHORT BOND | P | 2018-01-01 | 2018-05-24 | $250,000 | $250,000 | ||
| FEDERATED ULTRASHORT BOND | P | 2018-01-01 | 2018-07-11 | $250,000 | $250,000 | ||
| FEDERATED ULTRASHORT BOND | P | 2018-01-01 | 2018-09-04 | $250,000 | $250,000 | ||
| FEDERATED ULTRASHORT BOND | P | 2010-01-01 | 2018-11-19 | $869,243 | $870,198 | -$955 | -$955 |
| MISCELLANEOUS SALES | P | 2010-01-01 | 2018-12-31 | $7,300 | $7,300 | $7,300 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $683,546 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,052,176 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $64,032,628 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04767 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,054,080 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $62,925,510 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04854 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,180,483 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $68,089,950 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04671 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,817,981 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $63,287,615 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04453 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,912,987 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $61,461,439 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04740 | DistributionYr5Rt |
| Total Distribution | 0.234833 | TotalDistributionRt |
| Average Distribution | 0.046967 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $65,280,966 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,066,051 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $25,542 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,091,593 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,072,301 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $51,084 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $51,084 | SubtotalAmt |
| Tax Based On Investment Income | $51,084 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $124,400 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $124,400 | TotalPaymentsAndCreditsAmt |
| Overpayment | $73,316 | OverpaymentAmt |
| Applied To ES Tax | $40,000 | AppliedToESTaxAmt |
| Refund | $33,316 | RefundAmt |
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 | false | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (12 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 | Chairman | 2.00 | $32,000 | |
| CHARLES L MOORE | |||||||
| 5901-J WYOMING BLVD NE 154 | ALBUQUERQUE | NM | 87109 | Director | 2.00 | $3,963 | |
| JERRY D REIS | |||||||
| 6012 W CAMPUS CIRCLE DR 210 | IRVING | TX | 75063 | Treasurer | 2.00 | $29,000 | |
| LON R WILLIAMS | |||||||
| 2501 N HARWOOD SUITE 1900 | DALLAS | TX | 75201 | Director | 2.00 | $27,000 | |
| W DALE CRANE | |||||||
| PO BOX 92817 | SOUTHLAKE | TX | 76092 | Director | 2.00 | $27,000 | |
| SCOTT M HIGGINBOTHAM | |||||||
| 125 BELLAIRE AVENUE | DUMAS | TX | 79029 | Director | 2.00 | $27,000 | |
| WILLIAM W MEADOWS | |||||||
| 421 W 3RD STREET SUITE 800 | FORT WORTH | TX | 76102 | VICE CHAIRMAN | 2.00 | $30,500 | |
| HUGH C AKIN-THRU 92018 | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Executive Dir. | 40.00 | $126,619 | $18,993 |
| MIKE MCELROY | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Controller | 40.00 | $87,000 | $13,050 |
| BETH VAN DUYNE | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Secretary | 2.00 | $0 | |
| BRANT C MARTIN | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Director | 2.00 | $27,000 | |
| T Charles Pierson-FROM 1018 | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Executive Dir. | 40.00 | $73,077 | $10,962 |
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 |
|---|---|---|---|---|---|---|---|
| WENDY WERNER | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | EXEC. ASSISTANT | 40.00 | $77,338 | $11,601 |
| EILEEN C RESNIK | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | PROGRAM OFFICER | 40.00 | $91,881 | $13,782 |
| 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 | $28,500,632 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,288,761 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $35,485,699 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $66,275,092 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $66,275,092 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $994,126 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $65,280,966 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,264,048 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,264,048 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $51,084 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $51,084 | TotalTaxAmt |
| Distributable Before Adj | $3,212,964 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,212,964 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,212,964 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,072,301 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,072,301 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $3,072,301 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,212,964 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,911,017 | UndistributedIncomePYAmt |
| Qualifying Distributions | $3,072,301 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,911,017 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $161,284 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $3,051,680 | 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 (40 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 |
| 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. | $41,600 |
| GLASSHOUSE POLICY | |||||||
| 1408 E 13TH STREET | AUSTIN | TX | 78702 | NONE | PC | Online Public Policy Development | $20,777 |
| HUSTON-TILLOTSON COLLEGE | |||||||
| 900 CHICON STREET | AUSTIN | TX | 78702 | NONE | PC | SUMNERS SCHOLARSHIPS | $72,000 |
| INSTITUTE FOR POLICY INNOVATION | |||||||
| 1660 S INTERSTATE 35-E | LEWISVILLE | TX | 75067 | NONE | PC | HWS DISTINGUISHED LECTURES (#1 OF 2) | $300,000 |
| LAW FOCUSED EDUCSTATE BAR OF TEXAS | |||||||
| 14651 DALLAS PKWY | DALLAS | TX | 75254 | NONE | PC | "BEING AN AMERICAN" CURRICULUM | $18,825 |
| 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 |
| PROJECT VOTE SMART | |||||||
| ONE COMMON GROUND | PHILIPSBURG | MT | 59858 | NONE | PC | OPERATIONS SUPPORT | $50,000 |
| SCHREINER UNIVERSITY | |||||||
| 2100 SAN ANTONIO HWY | KERRVILLE | TX | 78028 | NONE | PC | WHITEHURST AWARDS & SCHOLARSHIP PROGRAM DEVELOPMENT | $8,000 |
| SMU-DEDMAN SCHOOL OF LAW | |||||||
| PO BOX 750100 | DALLAS | TX | 75275 | NONE | PC | SUMMER SCHOLARS ENDOWMENT | $85,771 |
| ST EDWARDS UNIVERSITY | |||||||
| 3001 S CONGRESS AVE | AUSTIN | TX | 78704 | NONE | PC | SUMNERS SCHOLARSHIP PROGRAM | $80,000 |
| TEXAS CHRISTIAN UNIVERSITY | |||||||
| 2800 S UNIVERSITY DR | FORT WORTH | TX | 76129 | NONE | PC | DISTINGUISHED SCHOLARS (FORMERLY PARTIAL TUITION) | $17,500 |
| TEXAS WESLEYAN UNIVERSITY | |||||||
| 1201 WESLEYAN ST | FORT WORTH | TX | 75105 | NONE | PC | SCHOLARSHIP PROGRAM DEVELOPMENT | $6,000 |
| UNIVERSITY OF DALLAS | |||||||
| 1845 E NORTHGATE DR | IRVING | TX | 75062 | NONE | PC | SUMNERS SCHOLARSHIP PROGRAM | $100,000 |
| UNIVERSITY OF NORTH TEXAS FOUNDATION | |||||||
| 1155 UNION CIRCLE | DENTON | TX | 76203 | NONE | PC | SUPPORT FOR KUEHNE SPEAKER SERIES | $10,000 |
| UNIVERSITY OF TEXAS AT AUSTIN | |||||||
| BOX 8058 | AUSTIN | TX | 78712 | NONE | PC | ANNETTE STRAUS INSTITUTE- NEW POLITICS FORUM | $68,000 |
| WOODROW WILSON HS COMMUNITY FOUNDATION | |||||||
| 100 S GLASSGOW | DALLAS | TX | 75214 | NONE | PC | TEXAS LEADERSHIP PROGRAM | $20,000 |
| 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 | $173,000 |
| 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 | $1,500 |
| LAW FOCUSED EDUCSTATE BAR OF TEXAS | |||||||
| 14651 DALLAS PKWY | DALLAS | TX | 75254 | NONE | PC | TEACHER TRAINING INSTITUTE ON THE FOUNDING DOCUMENTS | $250,000 |
| LAW FOCUSED EDUCSTATE BAR OF TEXAS | |||||||
| 14651 DALLAS PKWY | DALLAS | TX | 75254 | NONE | PC | TEXAS CITIZEN BEE COMPETITION | $41,000 |
| NEW MEXICO FIRST | |||||||
| 505 MARQUETTE AVE | ALBUQUERQUE | NM | 87102 | NONE | PC | IMPLEMENT PUBLIC EDUCATION AFTER TOWN HALL MEETING | $50,000 |
| TEXAS CHRISTIAN UNIVERSITY | |||||||
| 2800 S UNIVERSITY DR | FORT WORTH | TX | 76129 | NONE | PC | iENGAGE SUMMER CIVICS INSTITUTE | $23,000 |
| TEXAS TRIBUNE | |||||||
| 823 CONGRESS AVE | AUSTIN | TX | 78701 | NONE | PC | FESTIVAL, CONVERSATION SERIES & SYMPOSIUMS PUBLIC POLICY EVENTS | $155,000 |
| 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 | $65,000 |
| COMMUNITIES FOUNDATION OF TEXAS | |||||||
| 5500 CARUTH HAVEN LANE | DALLAS | TX | 75225 | NONE | PC | ESTABLISH AT-LARGE SCHOLAR PROGRAM FOR 7 $20,000 SCHOLARSHIPS EACH YEAR | $150,000 |
| CONSTITUTING AMERICA | |||||||
| PO BOX 1988 | COLLEYVILLE | TX | 76034 | NONE | PC | WE THE PEOPLE 9.17 CONTEST | $10,000 |
| FIRST LIBERTY INSTITUTE | |||||||
| 2001 PLANO PARKWAY 1600 | PLANO | TX | 75075 | NONE | PC | THREE INTERNSHIPS FOR SUMNERS SCHOLARS | $30,000 |
| JUDICIAL WATCH | |||||||
| 425 THIRD ST 800 | WASHINGTON | DC | 20024 | NONE | PC | INTERNSHIP FOR HWS SCHOLAR | $5,000 |
| UNIVERSITY OF NORTH TEXAS FOUN DATI | |||||||
| 1155 UNION CIRCLE | DENTON | TX | 76203 | NONE | PC | SUMNERS MPA FELLOWSHIPS | $129,163 |
| OKLAHOMA CITY UNIVERSITY | |||||||
| 2501 BLACKWELDER AVE | OKLAHOMA CITY | OK | 73106 | NONE | PC | ROBERT HENRY TRIBUTE | $180 |
| GREATER HOUSTON COMMUNITY FOUNDATIO | |||||||
| 515 POST OAK BLVD 1000 | HOUSTON | TX | 77027 | NONE | PC | HURRICANE HARVEY RELIEF | $1,750 |
| SOUTHSIDE CHURCH OF CHRIST | |||||||
| 1401 SE 25TH AVE | MINERAL WELLS | TX | 76067 | NONE | PC | MEMORIAL GIFT FOR OPPORTUNITY CAMP FUND | $1,000 |
| AMERICAN PROMISE INC | |||||||
| 33 BRADFORD ST | CONCORD | MA | 01742 | NONE | PC | WRITE THE 28TH AMENDMENT TOWNHALLS AT SMU AND OCU LAW SCHOOLS | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,332,066 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $596,289 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,594,744 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | $81,470 | UnrelatedBusinessTaxblIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $683,546 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| OIL & GAS ROYALTIES | 15 | $515,047 | ||
| Pass Through UBI from K-1 | 531120 | -$11,302 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $70,168 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,706,080 | ExclusionAmt |
| Related Or Exempt Function Incm | $683,546 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,459,794 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $24,650 | Amt |
| Net Investment Income | $12,400 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $12,250 | 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 (36 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMERRA AGRI FUND II LP | FMV | $973,733 | $973,733 |
| WHITEBOX MULTI STRATEGY FUND | FMV | $4,826,968 | $4,826,968 |
| ML-K-18-WP TRUST IV | FMV | $66,196 | $66,196 |
| KAYNE ANDERSON RE PTNR | FMV | $83,435 | $83,435 |
| LINX FUND I LP | FMV | $7,399,868 | $7,399,868 |
| CAPITAL ROY PARTNERS II | FMV | $945,482 | $945,482 |
| TIDELAND ROYALTY TRUST "B" | FMV | $5,879 | $5,879 |
| ORRI GULF OF MEXICO | FMV | $862,634 | $862,634 |
| ORRI OFFSHORE #2 | FMV | $158,169 | $158,169 |
| ORRI OKLAHOMA #1 | FMV | $171,818 | $171,818 |
| ORRI OKLAHOMA #2 | FMV | $51,325 | $51,325 |
| ORRI KANSAS | FMV | $69,150 | $69,150 |
| ORRI LOUISIANA | FMV | $11,302 | $11,302 |
| ORRI TEXAS | FMV | $2,631 | $2,631 |
| ORRI OKLAHOMA #3 | FMV | $50,416 | $50,416 |
| ORRI NM #1 | FMV | $9,799 | $9,799 |
| ORRI TEXAS #2 | FMV | $100,834 | $100,834 |
| ORRI TEXAS #5 | FMV | $1,590 | $1,590 |
| ORRI LOUISIANA #2 | FMV | $435 | $435 |
| ORRI LOUISIANA # 3 | FMV | $26,431 | $26,431 |
| ORRI NM #2 | FMV | $25,168 | $25,168 |
| ORRI TEXAS #2 | FMV | $42,669 | $42,669 |
| ORRI TEXAS | FMV | $76,292 | $76,292 |
| ORRI LOUISIANA #5 | FMV | $53,275 | $53,275 |
| ORRI KANSAS #2 | FMV | $106,725 | $106,725 |
| ORRI WYOMING #1 | FMV | $239,512 | $239,512 |
| MADISON 1600 VICEROY | FMV | $420,726 | $420,726 |
| BACELINE NOP DEBT III | FMV | $285,799 | $285,799 |
| HERITAGE OFFICE BUILDING (PAR CAPITAL) | FMV | $664,550 | $664,550 |
| PINNACLE IV | FMV | $2,238,378 | $2,238,378 |
| AMERRA AGRI FUND III | FMV | $1,266,960 | $1,266,960 |
| HACKBERRY CREEK | FMV | $1,588,381 | $1,588,381 |
| MADISON, LLC | FMV | $2,527,962 | $2,527,962 |
| AMERRA AGR FUND II ANNEX | FMV | $1,207,940 | $1,207,940 |
| PINNACLE V LP | FMV | $818,008 | $818,008 |
| PARR CAPITAL 122 WEST | FMV | $2,907,610 | $2,907,610 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | EOYFMVEOYFMVAmt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $18,708 | |||
| Machinery and Equipment | $121,033 | $102,325 | $18,708 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $27,420 | LegalFeesAmt |
| Net Investment Income | $5,296 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $22,124 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONTRACT LABOR | $63,875 | $40,148 | $23,727 |
| GRAHAM MONTHLY SERVICE FEES | $1,475 | $1,475 | |
| INFORMATION TECHNOLOGY | $37,926 | $21,315 | $16,611 |
| INSURANCE | $24,606 | $24,606 | |
| INVESTMENT EXPENSES | $111,480 | $111,480 | |
| MISCELLANEOUS | $109,157 | $59,324 | $49,833 |
| NEWSLETTER PROGRAM | $18,583 | $10,000 | $8,583 |
| OIL & GAS MAINTENANCE | $12,000 | $12,000 | |
| PARKING | $9,237 | $4,868 | $4,369 |
| POSTAGE | $1,389 | $583 | $806 |
| Rental Expenses | $300,975 | ||
| REPAIRS & MAINTENANCE | $1,300 | $650 | $650 |
| SUPPLIES | $4,669 | $2,809 | $1,860 |
| TELEPHONE | $9,798 | $4,921 | $4,877 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OIL & GAS ROYALTIES | $515,047 | $515,047 |
| Pass Through UBI from K-1 | -$11,302 | |
| Rental Income - Noninvestment Property | $382,445 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Deferred Excise Taxes | $80,368 | $6,430 |
| EXCISE TAXES PAYABLE | $124,741 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $52,012 | ||
| PAYROLL TAX | $38,110 | $18,068 | $20,042 |