JESSE W COUCH CHARITABLE FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- JESSE W COUCH CHARITABLE FOUNDATION (EIN 81-1587228)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-13
- IRS object ID
- 201931339349103413
- 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
- Compensation Explanation
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-13T15:37:46-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 811587228 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jesse W Couch Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | JESS | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SEAN W COUCH | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2019-04-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.187.244.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520191335000759 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-05-13 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | B4071EDBF965138D09D1F12157D7C2E13A494AFD | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 0C5E5A4654C1C37B4810F575F1A1D05F0CA21AED | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | 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 | $32,347,206 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $219 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $8,252 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $8,252 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $774,153 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $774,153 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$132,585 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,086,921 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $80,043 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $595 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $595 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $650,634 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $863,043 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $100,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $100,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $7,650 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $7,650 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,600 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,600 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,900 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $2,900 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $197,006 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $54,602 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $142,404 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $25,022 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $281 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $694 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $2,341 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,341 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $87,562 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $246 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $87,316 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $425,775 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $55,129 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $345,211 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $725,400 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $725,400 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,151,175 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $55,129 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,070,611 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$500,541 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $807,914 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,211,974 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $622,701 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $622,701 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $4,612 | AcctRcvblBOYAmt |
| US Government Obligations BOY | $755,268 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $26,681,984 | CorporateStockBOYAmt |
| Corporate Stock EOY | $26,922,453 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $26,638,813 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,617,493 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $5,226,330 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $5,081,641 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,858 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $810 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $4,742 | LandBOYAmt |
| Land EOY | $4,048 | LandEOYAmt |
| Land EOYFMV | $4,048 | LandEOYFMVAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $33,276,076 | TotalAssetsBOYAmt |
| Total Assets EOY | $32,775,535 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $32,347,206 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $33,276,076 | RetainedEarningBOYAmt |
| Retained Earning EOY | $32,775,535 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $33,276,076 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $32,775,535 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $33,276,076 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $32,775,535 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $33,276,076 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$500,541 | ExcessRevenueOverExpensesAmt |
| Subtotal | $32,775,535 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $32,775,535 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $6,086,921 | GrossSalesPriceAmt |
| Cost Or Other Basis | $6,006,878 | CostOrOtherBasisAmt |
| Gain Or Loss | $80,043 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $80,043 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $80,043 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,053,303 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $16,879,873 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.0624 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $0 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $0 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.0 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $0 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $0 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.0 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $0 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $0 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.0 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $0 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $0 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.0 | DistributionYr5Rt |
| Total Distribution | 0.0624 | TotalDistributionRt |
| Average Distribution | 0.0624 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $34,601,956 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,159,162 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,079 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,167,241 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,070,611 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,158 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $16,158 | SubtotalAmt |
| Tax Based On Investment Income | $16,158 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $17,100 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $17,100 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $15 | EsPenaltyAmt |
| Overpayment | $927 | OverpaymentAmt |
| Applied To ES Tax | $927 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TN | OrgReportOrRegisterStateCd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | Yes (true) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | 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 | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| Sean Couch | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 30.0 | $100,000 | $0 | $0 |
| Houston Trust Company | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 2.0 | $0 | $0 | $0 |
| Larry Maddox | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Foundation Source | |||||
| 55 Walls Drive 3rd fl | Fairfield | CT | 06824 | Administrative | $83,964 |
| Houston Trust Company | |||||
| 1001 Fannin Suite 700 | HOUSTON | TX | 77002 | Investment & Admin | $156,007 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $34,254,909 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $873,977 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $35,128,889 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $35,128,889 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $526,933 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $34,601,956 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,730,098 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,730,098 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,158 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,158 | TotalTaxAmt |
| Distributable Before Adj | $1,713,940 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,713,940 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,713,940 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,070,611 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,070,611 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,070,611 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,713,940 | DistributableAsAdjustedAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $305,343 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $305,343 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,070,611 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,070,611 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $305,343 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $305,343 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $337,986 | UndistributedIncomeCYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BUFFALO BAYOU PARTNERSHIP | |||||||
| 1019 COMMERCE ST STE 200 | HOUSTON | TX | 77002 | N/A | PC | hurricane recovery efforts in Buffalo Bayou Park | $25,000 |
| GENTLE BARN FOUNDATION | |||||||
| 15825 SIERRA HWY | SANTA CLARITA | CA | 91390 | N/A | PC | General & Unrestricted | $400 |
| HEROES AND HORSES INC | |||||||
| PO BOX 35 | MANHATTAN | MT | 59741 | N/A | PC | adoption and support of two mustangs fund | $10,000 |
| HOUSTON ARBORETUM & NATURE CENTER | |||||||
| 4501 WOODWAY DR | HOUSTON | TX | 77024 | N/A | PC | Charitable Event | $15,000 |
| HOUSTON BOTANIC GARDEN | |||||||
| 3701 KIRBY DR STE 992 | HOUSTON | TX | 77098 | N/A | PC | Grow Houston's Garden Campaign | $125,000 |
| HOUSTON SOC FOR PREVENTION OF CRUELTY TO Animals | |||||||
| 900 PORTWAY DR | HOUSTON | TX | 77024 | N/A | PC | More Than Shelter Campaign | $250,000 |
| KIPP TEXAS INC | |||||||
| 8509 FM 969 STE 513 | AUSTIN | TX | 78724 | N/A | PC | support KIPP's transformative and college preparatory initiatives, including the KIPP Through College (KTC) program | $50,000 |
| PILGRIMAGE FOUNDATION INC | |||||||
| 230 FRANKLIN RD STE 11HH | FRANKLIN | TN | 37064 | N/A | PC | Dark Horse Institute for Audio Recording, friends of Franklin Parks program, and the artist mentoring program | $30,000 |
| PILGRIMAGE PRESENTS INC | |||||||
| 230 FRANKLIN RD STE 11HH | FRANKLIN | TN | 37064 | N/A | PC | Charitable Event | $45,000 |
| PRISON ENTREPRENEURSHIP PROGRAM | |||||||
| 4140 DIRECTORS ROW STE B | HOUSTON | TX | 77092 | N/A | PC | General & Unrestricted | $75,000 |
| REBOOT INC | |||||||
| 245 RUSSELL ST STE 20 | HADLEY | MA | 01035 | N/A | PC | Center for Humane Technology and Ledger of Harms project | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $725,400 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,252 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $774,153 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$132,585 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLASS ACTION LAWSUIT PROCEEDS | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $595 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $650,415 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $650,415 | 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 | General Consultations | CategoryTxt |
| Amt | $2,900 | Amt |
| Disbursements Charitable Prps | $2,900 | DisbursementsCharitablePrpsAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (2 entries)
| Short ExplanationShortExplanationTxt |
|---|
| Houston Trust Company |
| *HOUSTON TRUST COMPANY, TRUSTEE OF JESSE W. COUCH CHARITABLE FOUNDATION (THE "FOUNDATION"), IS A DISQUALIFIED PERSON WITH RESPECT TO THE FOUNDATION. DURING TAXABLE YEAR ENDING DECEMBER 31, 2018, THE FOUNDATION PAID $156,006 TO HOUSTON TRUST COMPANY FOR ADMINISTRATION OF FOUNDATION AND INVESTMENT MANAGEMENT SERVICES AS REPORTED IN FORM 990-PF, PART I, LINE 16C. |
| Larry Maddox |
| *LARRY MADDOX, TRUSTEE OF JESSE W. COUCH CHARITABLE FOUNDATION (THE "FOUNDATION"), IS A PARTNER AT THE ACCOUNTING FIRM OF MADDOX THOMSON & ASSOCIATES, A DISQUALIFIED PERSON WHICH PROVIDES ACCOUNTING SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING DECEMBER 31, 2018, THE FOUNDATION PAID $2,900 FOR ACCOUNTING SERVICES RENDERED BY SUCH DISQUALIFIED PERSON AS REPORTED IN FORM 990-PF, PART I, LINE 16B. SUCH ACCOUNTING FIRM BILLED THE FOUNDATION AT THE SAME RATE OR BELOW THE RATE IT CHARGES ITS OTHER CLIENTS. |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | CAMERA & GEAR | PropertyDesc |
| Acquired | 2017-11-09 | AcquiredDt |
| Cost Or Other Basis | $4,858 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $116 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 7 | LifeRt |
| Current Year Expense | $694 | CurrentYearExpenseAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (19 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMAZON - 3.800% - 12/05/2024 | $263,486 | $255,873 |
| APPLE INC - 2.850% - 05/11/202 | $505,888 | $487,820 |
| AUTOMATIC DATA PROCESSING - 3. | $260,798 | $247,975 |
| BERKSHIRE HATHAWAY NOTE - 3.12 | $96,625 | $96,924 |
| CHEVRON CORP NEW NOTE - 2.419% | $504,867 | $495,399 |
| DUKE ENERGY CO - 3.250% - 08/1 | $257,800 | $243,273 |
| EXXON MOBIL - 2.397% - 03/06/2 | $252,060 | $245,345 |
| JOHNSON & JOHNSON - 2.450% - 0 | $233,095 | $234,805 |
| MICROSOFT CORP - 2.650% - 11/0 | $253,686 | $247,930 |
| MIDAMERICAN ENERGY - 3.700% - | $262,917 | $252,910 |
| NORTHERN STS PWR - 2.150% - 08 | $249,130 | $240,295 |
| PRECISION CASTPARTS - 3.250% - | $511,449 | $491,125 |
| PUBLIC SVC ENTERPRISE GROUP IN | $263,189 | $252,890 |
| SAN DIEGO GAS & ELECTRIC - 2.5 | $231,420 | $231,805 |
| SHELL INT'L FINANCE - 2.875% - | $237,500 | $239,790 |
| SOUTHERN CALIFORNIA GAS - 2.60 | $92,205 | $93,814 |
| TOTAL CAPITAL CANADA LTD - 2.7 | $253,509 | $244,495 |
| TOYOTA MOTOR CREDIT CORP MTN - | $246,858 | $236,710 |
| WAL-MART STORES, INC BOND - 2. | $249,848 | $242,463 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (105 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABS | $198,168 | $289,320 |
| ABBVIE INC | $262,383 | $333,543 |
| ADOBE SYSTEMS, INC | $93,524 | $133,482 |
| AES CORP | $84,528 | $102,521 |
| AIR PRODS & CHEM INC | $73,509 | $73,623 |
| AKAMAI TECH COM STK | $129,112 | $125,825 |
| ALPHABET INC CL C | $209,050 | $217,478 |
| AMAZON COM | $176,243 | $270,355 |
| AMGEN INC | $96,736 | $102,202 |
| APPLE INC | $424,763 | $465,648 |
| ARES CAP CORP | $71,213 | $63,816 |
| AT&T, INC | $310,893 | $258,687 |
| BANK OF AMERICA CORP | $194,398 | $187,264 |
| BB&T CP | $99,444 | $87,766 |
| BHP BILLITON SP ADR | $110,749 | $104,557 |
| CABOT OIL & GAS CORP | $33,106 | $29,502 |
| CELGENE CORP | $64,889 | $52,554 |
| CENTERPOINT ENERGY | $130,777 | $131,157 |
| CHEVRON CORP | $362,969 | $374,999 |
| CINCINNATI FINANCIAL CORP | $83,493 | $85,627 |
| CISCO SYSTEMS INC | $175,600 | $235,282 |
| CMS ENERGY CP | $66,871 | $71,794 |
| COMERICA INC | $131,417 | $113,339 |
| CONOCOPHILLIPS | $73,431 | $76,691 |
| CROWN CASTLE INTL | $128,516 | $138,395 |
| CULLEN FROST BANKERS INC | $181,835 | $167,086 |
| CUMMINS INC | $86,917 | $80,852 |
| DANAHER CORP | $70,083 | $78,371 |
| DICK'S SPORTING GDS | $68,383 | $62,213 |
| DIGITAL RLTY TR INC | $134,735 | $125,622 |
| DOMINION ENERGY INC | $83,347 | $77,534 |
| DUKE ENERGY CO | $147,188 | $151,457 |
| EMERSON ELECTRIC CO | $161,632 | $142,803 |
| ENTERGY CORP | $88,108 | $89,599 |
| EOG RESOURCES INC | $121,782 | $111,629 |
| ESTEE LAUDER COMPANIES INC | $38,676 | $33,826 |
| EXXON MOBIL CORP | $224,857 | $188,682 |
| F M C CP | $61,176 | $56,210 |
| FIRST ENERGY CORP | $88,122 | $88,393 |
| GARMIN LTD | $83,334 | $83,392 |
| GENUINE PARTS COMPANY | $89,690 | $98,132 |
| GILEAD SCIENCES INC | $86,937 | $72,558 |
| GLACIER BANCORP INC | $103,894 | $113,709 |
| GLAXOSMITHKLINE PLC | $138,341 | $129,990 |
| HOME DEPOT INC | $242,173 | $269,757 |
| HONEYWELL INTL | $153,582 | $145,332 |
| HOST HOTELS & RESORTS INC | $97,825 | $87,668 |
| INTERNATIONAL PAPER CO | $132,383 | $93,756 |
| INVESCO PREFERRED ETF | $68,118 | $62,999 |
| IRON MOUNTAIN | $92,006 | $80,182 |
| ISHARES IBOXX $ HIGH YIELD COR | $95,408 | $87,507 |
| ISHARES IBOXX $ INVESTMENT GRA | $67,981 | $63,518 |
| ISHARES S&P U.S. PREFERRED STO | $133,458 | $116,519 |
| JOHNSON & JOHNSON | $78,938 | $77,172 |
| JP MORGAN CHASE | $326,571 | $310,139 |
| KIMBERLY CLARK CORP | $170,739 | $165,783 |
| KIRBY CORPORATION | $98,342 | $85,547 |
| LAMAR ADVERTISING CO CL A REIT | $117,444 | $114,216 |
| LOCKHEED MARTIN CORP | $128,285 | $115,733 |
| LYONDELLBASELL INDUSTRIES NV | $78,459 | $68,025 |
| MARTIN MARIETTA MATLS INC | $166,167 | $137,496 |
| MAXIM INTEGRATED PRODS INC | $80,100 | $91,123 |
| MERCK & CO INC | $238,360 | $304,188 |
| METLIFE INC | $90,850 | $76,002 |
| MICROSOFT CORP | $114,537 | $138,135 |
| MOODYS CORP | $66,894 | $56,016 |
| NATIONAL INSTRUMENTS CORPORATI | $115,292 | $118,896 |
| NIKE INC-CL B | $108,740 | $114,917 |
| OBSIDIAN ENERGY LTD | $269 | $84 |
| OCCIDENTAL PETROLEUM CORP | $67,368 | $66,781 |
| OMNICOM GROUP | $77,309 | $74,925 |
| PAYCHEX | $93,372 | $103,914 |
| PEOPLE'S UNITED FINANCIAL, INC | $101,587 | $79,711 |
| PEPSICO INC | $236,151 | $223,832 |
| PERKIN ELMER INC | $67,539 | $77,765 |
| PFIZER INC | $217,575 | $277,614 |
| PIONEER NAT RES CO | $130,208 | $124,944 |
| PROCTER GAMBLE CO | $343,708 | $360,786 |
| PRUDENTIAL FINCL INC | $88,485 | $71,356 |
| ROCKWELL AUTOMATION INC | $177,805 | $139,946 |
| ROPER INDUSTRIES | $146,472 | $149,251 |
| ROYAL DUTCH SHEL PLC SPONS ADR | $75,497 | $78,521 |
| SIMON PPTY GROUP INC | $79,342 | $82,483 |
| TESLA MOTORS INC | $38,515 | $33,280 |
| TEXAS INSTRUMENTS INC | $122,575 | $118,598 |
| THE COCA-COLA CO | $739,752 | $777,534 |
| THERMO FISHER SCIENTIFIC INC | $75,883 | $82,802 |
| TORONTO DOMINION | $104,874 | $87,955 |
| TRIMBLE NAV LTD | $32,605 | $30,277 |
| UNION PACIFIC | $134,359 | $157,582 |
| UNITED PARCEL SERVICE | $134,330 | $115,963 |
| US BANCORP | $38,721 | $34,732 |
| V F CORP | $120,470 | $109,864 |
| VANGAURD FTSE SOCIAL INDEX | $6,823,200 | $6,992,606 |
| VANGUARD MID-CAP INDEX FD ADMI | $1,702,061 | $1,607,883 |
| VANGUARD SMALL CAP VALUE INDEX | $3,431,019 | $3,105,859 |
| VANGUARD TOTAL INT ST IDX-AD | $1,733,691 | $1,534,376 |
| VERIZON COMMUNICATIONS | $172,702 | $215,154 |
| VISA INC | $139,091 | $166,244 |
| WALT DISNEY HOLDINGS CO | $102,928 | $104,168 |
| WASTE CONNECTIONS | $58,331 | $59,400 |
| WATSCO INC | $96,844 | $76,944 |
| WESTERN UNION CO | $119,916 | $100,074 |
| ZIONS BANCORP | $150,625 | $118,146 |
| ZOETIS INC | $39,803 | $39,348 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MINERAL INTEREST - BRAZORIA CT | $1 | $1 |
| MINERAL INTEREST - CALHOUN CTY | $1 | $1 |
| MINERAL INTEREST - VICTORIA CT | $1 | $1 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | CAMERA & GEAR | CategoryOrItemTxt |
| Cost Or Other Basis | $4,858 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $810 | AccumulatedDepreciationAmt |
| Book Value | $4,048 | BookValueAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $2,600 | LegalFeesAmt |
| Disbursements Charitable Prps | $2,600 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $83,964 | $83,964 | |
| Bank Charges | $246 | $246 | |
| Computers/Electronic Devices | $2,412 | $2,412 | |
| Postage/Delivery Service | $50 | $50 | |
| Website Hosting/Support | $890 | $890 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Class Action Lawsuit Proceeds | Desc |
| Revenue And Expenses Per Books | $595 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $595 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $54,602 | $54,602 | |
| Website Development | $41,000 | $41,000 | |
| ADMINISTRATION OF FOUNDATION | $101,404 | $101,404 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2018 | $17,100 | |
| 990-PF Excise Tax for 2017 | $864 | |
| 990-PF Extension for 2017 | $6,777 | |
| Foreign Tax Paid | $281 | $281 |