LUKE AND BECKY CORBETT FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- LUKE AND BECKY CORBETT FOUNDATION (EIN 20-5201343)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-09-13
- IRS object ID
- 201942569349100024
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-09-13T15:20:30-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Southern Wealth Management LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 POYDRAS STREET SUITE 1855 | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70130 | 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 | 205201343 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Luke and Becky Corbett Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SOUTHERN WEALTH MGMT LLP | InCareOfNm |
| Business Name Control | LUKE | BusinessNameControlTxt |
| Phone | 9726614600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5625 E 15th Street | AddressLine1Txt |
| City | EDMOND | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 73013 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LUCIUS R CORBETT | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 9726614600 | PhoneNum |
| Signature | 2019-06-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Katherine M Gibert | PreparerPersonNm |
| PTIN | P00116215 | PTIN |
| Phone | 5047993170 | PhoneNum |
| Preparation | 2019-06-25 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 72.215.215.195 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 74386220192565000020 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-09-13 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 8C2D348A36DC78F5634318E9DC6B26B3D9D45B03 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 8C2D348A36DC78F5634318E9DC6B26B3D9D45B03 | 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 | $5,490,276 | 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 | $56,838 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $56,838 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $94,917 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $94,917 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $112,780 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $557,028 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $112,780 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $264,535 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $264,535 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $27,050 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $27,050 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $9,351 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,695 | TaxesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $36,401 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $31,745 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $187,700 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $187,700 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $224,101 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $31,745 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $187,700 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $40,434 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $232,790 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $119,790 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $301,967 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $301,967 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $128 | AcctRcvblAmt |
| Acct Rcvbl BOY | $0 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $128 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $128 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $3,818 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,162 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,162 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $1,612,089 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,650,964 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,592,121 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $3,011,831 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,833,741 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,594,898 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $4,747,528 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,787,962 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,490,276 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $4,747,528 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,787,962 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,747,528 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,787,962 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,747,528 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,787,962 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,747,528 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $40,434 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,787,962 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,787,962 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SCHWAB #1006 | D | 2017-01-01 | 2018-12-31 | $219,259 | $223,688 | -$4,429 | -$4,429 |
| SCHWAB #9388 | D | 2017-01-01 | 2018-12-31 | $337,769 | $283,021 | $54,748 | $54,748 |
| CAPITAL GAIN DIVIDENDS | P | $62,461 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $112,780 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $511,590 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $5,916,811 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.086464 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $96,367 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,606,289 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.017189 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $108,400 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $5,743,129 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.018875 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $700,673 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $6,013,086 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.116525 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $254,477 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $5,988,996 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.042491 | DistributionYr5Rt |
| Total Distribution | 0.281544 | TotalDistributionRt |
| Average Distribution | 0.056309 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $5,930,366 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $333,933 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,328 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $336,261 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $187,700 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,656 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,656 | SubtotalAmt |
| Tax Based On Investment Income | $4,656 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,818 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $5,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $10,818 | TotalPaymentsAndCreditsAmt |
| Overpayment | $6,162 | OverpaymentAmt |
| Applied To ES Tax | $6,162 | 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 | OK | 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 | SOUTHERN WEALTH MGMT LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9726614600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5005 LBJ FREEWAY STE 1313 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 752446100 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| LUCIUS CORBETT | ||||||||
| 5625 E 15th Street | EDMOND | OK | 73013 | PRESIDENT/BOARD MEMBER | 0 | $0 | $0 | $0 |
| SALLY REBECCA CORBETT | ||||||||
| 5625 E 15th Street | EDMOND | OK | 73013 | SECRETARY/BOARD MEMBER | 0 | $0 | $0 | $0 |
| CARRIE CORBETT LOXTON | ||||||||
| 5625 E 15th Street | EDMOND | OK | 73013 | BOARD MEMBER | 0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,587,976 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $432,700 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,020,676 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,020,676 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $90,310 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,930,366 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $296,518 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $296,518 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,656 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,656 | TotalTaxAmt |
| Distributable Before Adj | $291,862 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $291,862 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $291,862 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $187,700 | 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 | $187,700 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $187,700 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $291,862 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $27,465 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $187,700 | QualifyingDistributionsAmt |
| Applied To Year1 | $27,465 | AppliedToYear1Amt |
| Applied To Current Year | $160,235 | 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 |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $131,627 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | LUCIUS R CORBETT | 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 | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| OKLAHOMA FELLOWSHIP OF CHRISTIAN ATHLETES | ||||||||
| 3809 S BOULEVARD | EDMOND | OK | 73013 | President on Board of Trustees | PC | GENERAL FUND | $5,000 | |
| OKLAHOMA CITY NATIONAL MEMORIAL & MUSEUM | ||||||||
| PO BOX 323 | OKLAHOMA CITY | OK | 73101 | President on Board of Trustees | PC | GENERAL FUND | $40,000 | |
| United Way of Central Oklahoma | ||||||||
| 1444 NW 28th Street | Oklahoma City | OK | 73106 | NONE | PC | GENERAL FUND | $21,000 | |
| Last Frontier Council - Boy Scouts of America | ||||||||
| 3031 NW 64th Street Ste 100 | Oklahoma City | OK | 73116 | NONE | PC | GENERAL FUND | $5,000 | |
| Hope Center of Edmond | ||||||||
| 1251 N Broadway | Edmond | OK | 73034 | NONE | PC | GENERAL FUND | $2,500 | |
| OKLAHOMA SPORT HALL OF FAME | ||||||||
| 20 SOUTH MICKEY MANTLE DRIVE | Oklahoma City | OK | 73120 | NONE | PC | GENERAL FUND | $1,000 | |
| NEW COVENANT UNITED METHODIST CHURCH | ||||||||
| 2700 S BOULEVARD STREET | EDMOND | OK | 73013 | NONE | PC | GENERAL FUND | $1,200 | |
| OKLAHOMA HALL OF FAME (FRIENDS OF MEDALLION) | ||||||||
| 1400 CLASSEN DRIVE | OKLAHOMA CITY | OK | 73116 | NONE | PC | GENERAL FUND | $1,000 | |
| OKLAHOMA CITY COMMUNITY FOUNDATION | ||||||||
| PO BPX 1146 | OKLAHOMA CITY | OK | 73101 | NONE | PC | GENERAL FUND | $10,000 | |
| YMCA OF GREATER OKLAHOMA CITY | ||||||||
| 500 NORTH BROADWAY | OKLAHOMA CITY | OK | 73102 | NONE | PC | GENERAL FUND | $1,000 | SUITE 500 |
| INTEGRIS FOUNDATION | ||||||||
| 3030 NW EXPRESSWAY | OKLAHOMA CITY | OK | 73112 | NONE | PC | GENERAL FUND | $100,000 | SUITE 1600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $187,700 | 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 | $56,838 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $94,917 | 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 | $112,780 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $264,535 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $264,535 | 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 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CHARLES SCHWAB - 9388 | StockNm |
| EOY Book Value | $2,833,741 | EOYBookValueAmt |
| EOYFMV | $3,594,898 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| State Local Sec Book Vl EOY | $1,650,964 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $1,592,121 | StateLocalSecEOYFMVAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| MANAGER FEES - SCHWAB 1006 | $2,552 | $2,552 |
| MANAGER FEES - SCHWAB 9388 | $24,498 | $24,498 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX | $4,695 | $4,695 |
| FEDERAL EXCISE TAX | $4,656 |