DISCOVERY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- DISCOVERY FOUNDATION (EIN 75-2625743)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-08-20
- IRS object ID
- 201942329349100309
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees 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 | 2019-08-20T13:56:41-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 900525804 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAVILLE DODGEN AND COMPANY PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 NORTH PEARL STREET SUITE 1100 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | 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 | 752625743 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DISCOVERY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DISC | BusinessNameControlTxt |
| Phone | 2143462975 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5956 SHERRY LANE STE 1000 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75225 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID WINTER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2148002049 | PhoneNum |
| Signature | 2019-07-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN LANGSTON CPA | PreparerPersonNm |
| PTIN | P01061956 | PTIN |
| Phone | 2149229727 | PhoneNum |
| Preparation | 2019-07-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 66.60.72.146 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-07-17 | IPDt |
| IP Tm | 08:38:48 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 51C6F311A18D28629B4C863A6B98E70FEE4837C5 | AtSubmissionFilingDeviceId |
| 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,493,628 | 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 | $189,602 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $189,602 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $239,489 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,602,245 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $239,489 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $256,509 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $220,080 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $685,600 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $649,171 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $75,860 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $37,930 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $37,930 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,773 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $2,387 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,385 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,370 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,185 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,185 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $68,560 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $64,810 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $3,750 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $20,843 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $13,296 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $2,901 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $218 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $10,138 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $10,138 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $54,488 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $41,353 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $13,135 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $241,250 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $162,961 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $73,424 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $598,831 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $598,831 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $840,081 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $162,961 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $672,255 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$154,481 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $486,210 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $400,298 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $325,640 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $325,640 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $8,305,063 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,304,184 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,216,566 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,269,980 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $1,349,980 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,269,980 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $492,500 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $457,648 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $458,729 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $458,729 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,964 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,771 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $411 | LandBOYAmt |
| Land EOY | $193 | LandEOYAmt |
| Land EOYFMV | $193 | LandEOYFMVAmt |
| Total Assets BOY | $10,513,400 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,358,726 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,493,628 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $2,145 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,952 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,145 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,952 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $10,511,255 | RetainedEarningBOYAmt |
| Retained Earning EOY | $10,356,774 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,511,255 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,356,774 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,513,400 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,358,726 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,511,255 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$154,481 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $10,356,774 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,356,774 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| VARIOUS PUBLICLY TRADED SECURITIES - DETAILS AVAILABLE ON REQUEST | P | $1,450,033 | $1,282,756 | $167,277 | $167,277 |
| GAIN ON SALE OF LAND | P | $150,000 | $80,000 | $70,000 | $70,000 |
| PEAKS AND VALLEYS, LLC | P | $2,212 | $2,212 | $2,212 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $239,489 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $760,411 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,437,788 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.061137 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $614,007 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $11,554,614 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.053140 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $661,070 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $12,309,082 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.053706 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $608,253 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $13,722,371 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.044326 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $526,862 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $12,149,124 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.043366 | DistributionYr5Rt |
| Total Distribution | 0.255675 | TotalDistributionRt |
| Average Distribution | 0.051135 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $12,830,180 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $656,071 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,862 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $660,933 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $672,255 | 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 | $4,862 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,862 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,862 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,880 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $1,100 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $4,980 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $9 | EsPenaltyAmt |
| Overpayment | $109 | OverpaymentAmt |
| Applied To ES Tax | $109 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | THE DISCOVERY FOUNDATION | IndividualWithBooksNm |
| Phone | 2143462975 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5956 SHERRY LANE STE 1000 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75225 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| DR DAVID WINTER | ||||||||
| 5956 SHERRY LANE STE 1000 | DALLAS | TX | 75225 | PRESIDENT/CEO/CHAIRMAN/DIR | 5.00 | $0 | $0 | $0 |
| ISABELLE MORO | ||||||||
| 5956 SHERRY LANE STE 1000 | DALLAS | TX | 75225 | SECRETARY | 40.00 | $75,860 | $0 | $0 |
| CLINT JOSEY | ||||||||
| 5956 SHERRY LANE STE 1000 | DALLAS | TX | 75225 | VICE PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| DR PAUL NEUBACH | ||||||||
| 5956 SHERRY LANE STE 1000 | DALLAS | TX | 75225 | VICE PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| DR AMY ANDERSON | ||||||||
| 5956 SHERRY LANE STE 1000 | DALLAS | TX | 75225 | TREASURER/DIRECTOR | 1.00 | $0 | $0 | $0 |
| DR CRISTIE COLUMBUS | ||||||||
| 5956 SHERRY LANE STE 1000 | DALLAS | TX | 75225 | VICE PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,412,511 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $264,320 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,348,732 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,025,563 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $13,025,563 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $195,383 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,830,180 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $641,509 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $641,509 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,862 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,862 | TotalTaxAmt |
| Distributable Before Adj | $636,647 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $636,647 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $636,647 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $672,255 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $672,255 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,862 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $667,393 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $636,647 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $598,831 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $672,255 | QualifyingDistributionsAmt |
| Applied To Year1 | $598,831 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $73,424 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $563,223 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AUSTIN COLLEGE | ||||||||
| 900 N GRAND AVENUE SUITE 6P | SHERMAN | TX | 75090 | N/A | PUBLIC CHARITY | FUNDING | $28,260 | |
| AUSTIN COLLEGE | ||||||||
| 900 N GRAND AVENUE SUITE 6P | SHERMAN | TX | 75090 | N/A | PUBLIC CHARITY | FUNDING | $29,409 | |
| BAYLOR HEALTH CARE SYSTEM FOUNDATION | ||||||||
| 3600 GASTON AVENUE SUITE 100 | DALLAS | TX | 75246 | N/A | PUBLIC CHARITY | FUNDING | $75,000 | |
| BAYLOR HEALTH CARE SYSTEM FOUNDATION | ||||||||
| 3600 GASTON AVENUE SUITE 100 | DALLAS | TX | 75246 | N/A | PUBLIC CHARITY | FUNDING | $55,000 | |
| BAYLOR UNIVERSITY | ||||||||
| 1 BEAR PL UNIT 97026 | WACO | TX | 76798 | N/A | PUBLIC CHARITY | FUNDING | $25,000 | |
| IRVING HEALTHCARE FOUNDATION | ||||||||
| 1901 N MACARTHUR BLVD | IRVING | TX | 75061 | N/A | PUBLIC CHARITY | FUNDING | $171,162 | |
| NORTH DALLAS SHARED MINISTRIES | ||||||||
| 2875 MERRELL RD | DALLAS | TX | 75229 | N/A | PUBLIC CHARITY | FUNDING | $25,000 | |
| TEXAS A&M FOUNDATION | ||||||||
| 401 GEORGE BUSH DR | COLLEGE STATION | TX | 77840 | N/A | PUBLIC CHARITY | FUNDING | $30,000 | |
| TEXAS A&M HEALTH SCIENCE CENTER | ||||||||
| 400 HARVEY MITCHELL PARKWAY SOUTH | COLLEGE STATION | TX | 77845 | N/A | PUBLIC CHARITY | FUNDING | $30,000 | SUITE 300 |
| THE FAMILY PLACE | ||||||||
| PO BOX 7999 | DALLAS | TX | 75209 | N/A | PUBLIC CHARITY | FUNDING | $25,000 | |
| THE LIFESAVERS FOUNDATION | ||||||||
| 561 W CAMPBELL RD 101 | RICHARDSON | TX | 75080 | N/A | PUBLIC CHARITY | FUNDING | $50,000 | |
| NEW FRIENDS NEW LIFE | ||||||||
| PO BOX 192378 | DALLAS | TX | 75219 | N/A | PUBLIC CHARITY | FUNDING | $55,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $598,831 | 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 | $189,602 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $239,489 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (6 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| ROYALTY INCOME | 15 | $208,889 |
| SULPHUR RIVER EXPLORATION | 14 | $1,071 |
| PEAKS AND VALLEYS | 14 | $120 |
| BANK OF AMERICA SETTLEMENT FUND | 14 | $35,311 |
| PROCEEDS FROM SALE OF LOESCH & CRANN DITICH SHARES | 14 | $10,000 |
| COLORADO SEVERANCE TAX REFUND | 14 | $1,118 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $685,600 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $685,600 | 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 | $6,370 | Amt |
| Net Investment Income | $3,185 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,185 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| TOSHIBA 85965B SATELLITE NOTEBOOK | 2009-10-13 | $563 | $281 | 200DB | 5.000000000000 | $0 | $0 |
| FUJITSU SCANSNAP 81500M SCANNER | 2009-12-14 | $405 | $202 | 200DB | 5.000000000000 | $0 | $0 |
| EXTERNAL DRIVE AND USB CABLES | 2010-10-01 | $306 | $306 | 200DB | 5.000000000000 | $0 | $0 |
| OFFICE CHAIR | 2011-01-03 | $91 | $91 | 200DB | 7.000000000000 | $0 | $0 |
| SURGE PROTECTOR | 2011-10-04 | $105 | $105 | 200DB | 5.000000000000 | $0 | $0 |
| DELL LATITUDE E6530 | 2013-01-07 | $1,555 | $1,465 | 200DB | 5.000000000000 | $90 | $0 |
| DELL LATITUDE 3550 | 2015-10-13 | $939 | $618 | 200DB | 5.000000000000 | $128 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SECURITIES - CHARLES SCHWAB | StockNm |
| EOY Book Value | $8,304,184 | EOYBookValueAmt |
| EOYFMV | $10,216,566 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MINERAL INTERESTS | AT COST | $378,713 | $378,713 |
| PARTNERSHIP INTEREST - PEAKS & VALLEYS, LLC | AT COST | $78,935 | $78,935 |
| PARTNERSHIP INTEREST - SULPHUR RIVER PARTNERSHIP | AT COST | $1,081 | $1,081 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| TOSHIBA 85965B SATELLITE NOTEBOOK | $563 | $563 | $0 | $0 |
| FUJITSU SCANSNAP 81500M SCANNER | $405 | $405 | $0 | $0 |
| EXTERNAL DRIVE AND USB CABLES | $306 | $306 | $0 | $0 |
| OFFICE CHAIR | $91 | $91 | $0 | $0 |
| SURGE PROTECTOR | $105 | $105 | $0 | $0 |
| DELL LATITUDE E6530 | $1,555 | $1,555 | $0 | $0 |
| DELL LATITUDE 3550 | $939 | $746 | $193 | $193 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $4,773 | LegalFeesAmt |
| Net Investment Income | $2,387 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,385 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $2,481 | $0 | $2,481 |
| OFFICE SUPPLIES | $1,138 | $0 | $1,138 |
| ROYALTY DEDUCTIONS | $29,602 | $29,602 | $0 |
| PARKING | $600 | $0 | $600 |
| PAYROLL CONTRACTOR | $610 | $0 | $610 |
| DUES & SUBSCRIPTIONS | $1,150 | $0 | $1,150 |
| OFFICE EXPENSE | $4,203 | $0 | $4,203 |
| POSTAGE AND DELIVERY | $213 | $0 | $213 |
| MISCELLANEOUS | $2,740 | $0 | $2,740 |
| LAND REPAIRS | $11,751 | $11,751 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ROYALTY INCOME | $208,889 | $208,889 | $208,889 |
| SULPHUR RIVER EXPLORATION | $1,071 | $1,071 | $1,071 |
| PEAKS AND VALLEYS | $120 | $120 | $120 |
| BANK OF AMERICA SETTLEMENT FUND | $35,311 | $35,311 | |
| PROCEEDS FROM SALE OF LOESCH & CRANN DITICH SHARES | $10,000 | $10,000 | $10,000 |
| COLORADO SEVERANCE TAX REFUND | $1,118 | $1,118 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL TAX LIABILITY | Desc |
| BOY Book Value | $2,145 | BOYBookValueAmt |
| EOY Book Value | $1,952 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING FEES | $7,500 | $3,750 | $3,750 |
| BROKERAGE FEE | $61,060 | $61,060 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SEVERANCE TAXES | $1 | $1 | $0 |
| PRODUCTION TAXES | $8,040 | $8,040 | $0 |
| PROPERTY TAXES | $2,353 | $2,353 | $0 |
| PAYROLL TAXES | $5,803 | $2,902 | $2,901 |
| INCOME TAXES | $4,646 | $0 | $0 |