WYATT RANCHES FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- WYATT RANCHES FOUNDATION (EIN 36-4794505)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-08-01
- IRS object ID
- 201942139349100714
- 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
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-08-01T16:15:07-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE 3RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172013 | 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 | 364794505 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Wyatt Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % BILLY C WELLS - DIRECTOR | InCareOfNm |
| Business Name Control | WYAT | BusinessNameControlTxt |
| Phone | 7138776704 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o billy wells po drawer 10 | AddressLine1Txt |
| City | realitos | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 783769998 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BILLY C WELLS | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Phone | 7138776704 | PhoneNum |
| Signature | 2019-08-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT Thompsett | PreparerPersonNm |
| PTIN | P00741490 | PTIN |
| Phone | 2125990100 | PhoneNum |
| Preparation | 2019-08-01 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 209.220.136.124 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 26377520192135000000 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-08-01 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 979609585EDF7A80B261DC170E7F22891F321D40 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 979609585EDF7A80B261DC170E7F22891F321D40 | 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $37,912,496 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $4,465 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,465 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,030,065 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,045,562 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$357,915 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,221,848 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,402 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $66 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$1,151 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $676,681 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,059,278 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $282,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $282,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $21,611 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $21,611 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $21,680 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $15,176 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $129,359 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $127,109 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,250 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $40,757 | InterestRevAndExpnssAmt |
| Interest Dsbrs Chrtbl | $40,757 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $43,130 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $14,002 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $200,901 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $41,447 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $200,566 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $739,938 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $186,558 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $562,860 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,670,395 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,670,395 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,410,333 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $186,558 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,233,255 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,733,652 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $872,720 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $853,472 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $725,122 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $725,122 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $27,952,137 | CorporateStockBOYAmt |
| Corporate Stock EOY | $26,543,136 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $27,229,006 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $8,318,310 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,296,605 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,884,113 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,074,255 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $1,753,249 | LandBOYAmt |
| Land EOY | $3,074,255 | LandEOYAmt |
| Land EOYFMV | $3,074,255 | LandEOYFMVAmt |
| Total Assets BOY | $38,877,168 | TotalAssetsBOYAmt |
| Total Assets EOY | $38,639,118 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $37,912,496 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,013,757 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,013,757 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $38,877,168 | RetainedEarningBOYAmt |
| Retained Earning EOY | $36,625,361 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $38,877,168 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $36,625,361 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $38,877,168 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $38,639,118 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $38,877,168 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,733,652 | ExcessRevenueOverExpensesAmt |
| Other Increases | $285,000 | OtherIncreasesAmt |
| Subtotal | $37,428,516 | SubtotalAmt |
| Other Decreases | $803,155 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $36,625,361 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gain Or LossGainOrLossAmt | Gross Sales PriceGrossSalesPriceAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| SHORT-TERM REALIZED GAIN FROM LPS | P | -$3,131 | |||
| LONG-TERM REALIZED GAIN FROM LPS | P | $371,447 | |||
| LONG TERM CAPITAL GAIN DISTRIBUTION | P | $110,959 | $110,959 | $110,959 | |
| SHORT-TERM PUBLICLY TRADED SECURITIES | P | -$36,312 | $525,278 | -$36,312 | $561,590 |
| LONG-TERM PUBLICLY TRADED SECURITIES | P | -$432,561 | $6,585,611 | -$432,561 | $7,018,172 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,402 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,978,566 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $37,316,635 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.053021 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,722,112 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $34,887,427 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.049362 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,433,067 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $38,381,648 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.037337 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,491,985 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $39,109,342 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.038149 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $33,000 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $9,162,489 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.003602 | DistributionYr5Rt |
| Total Distribution | 0.181471 | TotalDistributionRt |
| Average Distribution | 0.036294 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $38,262,854 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,388,712 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,727 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,397,439 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,555,197 | 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 | $8,727 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,727 | SubtotalAmt |
| Tax Based On Investment Income | $8,727 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $6,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $26,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $59 | EsPenaltyAmt |
| Overpayment | $17,214 | OverpaymentAmt |
| Applied To ES Tax | $17,214 | 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 |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| 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 | n/a | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BILLY C WELLS - DIRECTOR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7138776704 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO DRAWER 10 | AddressLine1Txt |
| City | realitos | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78376 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| bradford a wyatt | ||||||||
| c/o billy wells po drawer 10 | realitos | TX | 783769998 | Director | 1.0 | $0 | $0 | $0 |
| steven b wyatt | ||||||||
| c/o billy wells po drawer 10 | realitos | TX | 783769998 | Director | 1.0 | $0 | $0 | $0 |
| billy c wells | ||||||||
| c/o billy wells po drawer 10 | realitos | TX | 783769998 | Director | 1.0 | $97,500 | $0 | $0 |
| don c nelson | ||||||||
| c/o billy wells po drawer 10 | realitos | TX | 783769998 | Director | 1.0 | $90,000 | $0 | $0 |
| Ana L Garza | ||||||||
| c/o billy wells po drawer 10 | realitos | TX | 783769998 | Director | 1.0 | $95,000 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Merrill Lynch | |||||
| 600 travis st ste 7400 | HOUSTON | TX | 77002 | Inv. advisory fees | $127,109 |
| Cesario Ramirez | |||||
| 197 County Road 219 | ORANGE GROVE | TX | 78372 | construction | $179,498 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
| 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 | $35,647,024 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $679,554 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,518,959 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $38,845,537 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $38,845,537 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $582,683 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $38,262,854 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,913,143 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,913,143 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,727 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,727 | TotalTaxAmt |
| Distributable Before Adj | $1,904,416 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,904,416 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,904,416 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,233,255 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $1,321,942 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $3,555,197 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $8,727 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,546,470 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,904,416 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,211,147 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,555,197 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,211,147 | AppliedToYear1Amt |
| Applied To Current Year | $1,904,416 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $439,634 | RemainingDistriFromCorpusAmt |
| Total Corpus | $439,634 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $439,634 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $439,634 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See Attachment 13 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o Billy Wells PO Box Drawer 10 | AddressLine1Txt |
| City | Realitos | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78376 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | General Support | GrantOrContributionPurposeTxt |
| Amt | $1,670,395 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,670,395 | 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) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,465 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $565 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,234,747 | 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) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$357,915 | 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 (2 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | BusinessBusinessCd |
|---|---|---|---|---|---|
| REIMBURSEMENTS | $0 | 01 | $66 | $0 | |
| PORTFOLIO LOSS FROM INVESTMENTS IN LPS | -$205,247 | 525990 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$204,682 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $881,363 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $676,681 | 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 | GRANT THORNTON LLP | CategoryTxt |
| Amt | $21,680 | Amt |
| Net Investment Income | $4,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $15,176 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITY INVESTMENTS | StockNm |
| EOY Book Value | $26,543,136 | EOYBookValueAmt |
| EOYFMV | $27,229,006 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| LIMITED PARTNERSHIPS | $3,815,469 | $2,518,959 |
| ALTERNATIVE INVESTMENTS | $4,481,136 | $4,365,154 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CHECKS WRITTEN IN 2017, CASHED IN 2018 | $700,824 |
| OTHER BOOK/TAX DIFFERENCES | $102,331 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| REPAIRS & MAINTENANCE | $124,633 | $0 | $0 | $124,633 |
| INSURANCE | $30,143 | $30,143 | ||
| OFFICE EXPENSES | $16,786 | $16,786 | ||
| LANDSCAPING & EXTERMINATION | $0 | $0 | $0 | $0 |
| EXPENSES | $25,972 | $25,972 | ||
| SHIPPING & POSTAGE | $1,702 | $1,702 | ||
| PAYROLL PROCESSING FEES | $1,330 | $1,330 | ||
| PENALTIES | $335 | |||
| INVESTMENT EXPENSES FROM LPS | $41,447 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| portfolio loss from investments in | $0 | $0 | $0 |
| limited partnerships | -$1,151 | ||
| Reimbursements | $66 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHECKS WRITTEN IN 2018, NOT CASHED | Desc |
| Amt | $285,000 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LINE OF CREDIT | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $2,013,757 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MERRILL LYNCH - | ||||
| INVESTMENT ADVISORY FEES | $127,109 | $127,109 | $0 | $0 |
| REAL ESTATE APPRAISAL SERVICES | $2,250 | $2,250 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL EXCISE TAXES | $29,536 | $0 | $0 | $0 |
| STATE UNRELATED BUSINESS | ||||
| INCOME TAX | $50 | |||
| FOREIGN TAXES | $13,544 | $14,002 |