SHRAMAN SOUTH ASIAN MUSEUM AND LEARNING CENTER FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- SHRAMAN SOUTH ASIAN MUSEUM AND LEARNING CENTER FOUNDATION (EIN 46-0715559)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-09
- IRS object ID
- 201713139349101306
- Schema version
- 2016v3.1
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-09T13:21:39-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2800 Post Oak Blvd Ste 3200 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77056 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460715559 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Shraman South Asian Museum and Learning | BusinessNameLine1Txt |
| Business Name Line2 | Center Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % GREG FISHER | InCareOfNm |
| Business Name Control | SHRA | BusinessNameControlTxt |
| Phone | 2145930506 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5420 LBJ Freeway Suite 410 | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75240 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VINAY JAIN | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 2145930506 | PhoneNum |
| Signature | 2017-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | M Paige Gerich | PreparerPersonNm |
| PTIN | P00226776 | PTIN |
| Phone | 7134994600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $55,387,193 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $7,036,846 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $467 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $467 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $467 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $426,947 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $426,947 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $426,947 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $1,073,307 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $1,073,307 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $1,073,307 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $462,647 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,909,677 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,506,735 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,054,461 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $10,447,244 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,555,182 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,500,721 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $102,848 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $101,602 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $9,489 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $9,489 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $12,400 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $72,324 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $37,406 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $37,406 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $33,166 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $610,660 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $610,660 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $610,660 | TaxesAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $10,823 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,823 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $1,115 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $1,115 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $1,115 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $16,485 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $16,485 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $16,485 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $836,144 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $665,666 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $665,666 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $167,480 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $11,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $11,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $847,644 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $665,666 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $665,666 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $178,980 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $9,599,600 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,889,516 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $835,055 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $788,305 | CashBOYAmt |
| Cash EOY | $900,447 | CashEOYAmt |
| Cash EOYFMV | $900,447 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $7,337,076 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,837,782 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,837,782 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $84,330 | AcctRcvblAmt |
| Acct Rcvbl BOY | $60,780 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $84,330 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $84,330 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $30,675 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $175,649 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $175,649 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $6,862,869 | CorporateStockBOYAmt |
| Corporate Stock EOY | $16,377,972 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,377,972 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,616,468 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,616,468 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $4,100,000 | OtherInvestmentsBOYAmt |
| Land Bldg Equip Cost Or Other Bss | $27,267,027 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $27,267,027 | LandBOYAmt |
| Land EOY | $27,267,027 | LandEOYAmt |
| Land EOYFMV | $27,267,027 | LandEOYFMVAmt |
| Other Assets BOY | $127,256 | OtherAssetsBOYAmt |
| Other Assets EOY | $127,518 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $127,518 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $46,573,988 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,387,193 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $55,387,193 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $2,584 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $5,845 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $2,584 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,845 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $46,571,404 | RetainedEarningBOYAmt |
| Retained Earning EOY | $55,381,348 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $46,571,404 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $55,381,348 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $46,573,988 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $55,387,193 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $46,571,404 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $9,599,600 | ExcessRevenueOverExpensesAmt |
| Other Increases | $8,305 | OtherIncreasesAmt |
| Subtotal | $56,179,309 | SubtotalAmt |
| Other Decreases | $797,961 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $55,381,348 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| SEE FIDELITY LT STMT | $3,221,510 | $1,497,058 | $1,724,452 | $1,724,452 | |||
| LAND HELD FOR INVESTMENT | $4,285,225 | $1,955,216 | $2,330,009 | $2,330,009 | D | 2014-11-19 | 2016-04-01 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,054,461 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $211,027 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $16,901,382 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.012486 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $393,031 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $10,407,968 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.037763 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $10,625,913 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $6,609,599 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 1.607649 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $18,341 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,205,717 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.008315 | DistributionYr4Rt |
| Total Distribution | 1.666213 | TotalDistributionRt |
| Average Distribution | 0.416553 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $22,052,639 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $9,186,093 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $48,895 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $9,234,988 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $179,242 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $97,790 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $97,790 | SubtotalAmt |
| Tax Based On Investment Income | $97,790 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $130,675 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $130,675 | TotalPaymentsAndCreditsAmt |
| Overpayment | $32,885 | OverpaymentAmt |
| Applied To ES Tax | $32,885 | 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 | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.shraman.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREG FISHER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2145930506 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5420 LBJ FREEWAY SUITE 410 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75240 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| 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 | 0 | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| VINAY K JAIN | |||||||||
| TWO LINCOLN CENTER | 5420 LBJ FREEWAY 410 | DALLAS | TX | 75240 | PRESIDENT/DIRECTOR | 15.0 | $0 | $0 | $0 |
| KANIKA V JAIN | |||||||||
| TWO LINCOLN CENTER | 5420 LBJ FREEWAY 410 | DALLAS | TX | 75240 | VICE PRES/SECRETARY/DIRECTOR | 5.0 | $0 | $0 | $0 |
| YASH PAUL VIRMANI | |||||||||
| TWO LINCOLN CENTER | 5420 LBJ FREEWAY 410 | DALLAS | TX | 75240 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| Greg Fisher | |||||||||
| TWO LINCOLN CENTER | 5420 LBJ FREEWAY 410 | DALLAS | TX | 75240 | Treasurer | 5.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION IS ESTABLISHING A MUSEUM AND LEARNING CENTER IN DALLAS, WHICH WILL PRESERVE AND INTERPRET THE CULTURAL HERITAGE OF SOUTH ASIA, INCLUDING JAIN RELIGION AND ART. | Description1Txt |
| Expenses1 | $178,980 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $13,655,484 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,724,785 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,008,197 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $22,388,466 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $22,388,466 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $335,827 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $22,052,639 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,102,632 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $178,980 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $262 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $179,242 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $179,242 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2012-11-19 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $835,055 | CurrentYearAmt |
| Year1 | $303,205 | Year1Amt |
| Year2 | $419,223 | Year2Amt |
| Year3 | $101,139 | Year3Amt |
| Total | $1,658,622 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $709,797 | CurrentYearAmt |
| Year1 | $257,724 | Year1Amt |
| Year2 | $356,340 | Year2Amt |
| Year3 | $85,968 | Year3Amt |
| Total | $1,409,829 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $179,242 | CurrentYearAmt |
| Year1 | $211,027 | Year1Amt |
| Year2 | $393,031 | Year2Amt |
| Year3 | $10,626,924 | Year3Amt |
| Total | $11,410,224 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $11,500 | CurrentYearAmt |
| Year1 | $35,605 | Year1Amt |
| Year2 | $17,325 | Year2Amt |
| Year3 | $11,500 | Year3Amt |
| Total | $75,930 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $167,742 | CurrentYearAmt |
| Year1 | $175,422 | Year1Amt |
| Year2 | $375,706 | Year2Amt |
| Year3 | $10,615,424 | Year3Amt |
| Total | $11,334,294 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $735,088 | CurrentYearAmt |
| Year1 | $563,379 | Year1Amt |
| Year2 | $346,932 | Year2Amt |
| Year3 | $220,320 | Year3Amt |
| Total | $1,865,719 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | VINAY K JAIN | ContributingManagerNm |
| Contributing Manager | KANIKA V JAIN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SOAS University of London | ||||||||||||
| Thornaugh Street Russell Square | London | England | UK | WC1H 0XG | UNRELATED ORGANIZATION | NC | Workshop Sponsorship | $2,000 | ||||
| Earth Day Texas Inc | ||||||||||||
| Unrelated Organization | PC | Event Sponsorship | $5,000 | 3839 McKinney Avenue | Dallas | TX | 75204 | |||||
| DFW South Asian Festival | ||||||||||||
| Unrelated Organization | PC | Event Sponsorship | $2,500 | 10239 Better Drive | Dallas | TX | 75229 | |||||
| THE UNIVERSITY OF TEXAS AT ARLINGTON | ||||||||||||
| UNRELATED ORGANIZATION | PC | EVENT SPONSOR | $2,000 | 701 S NEDDERMAN DRIVE | ARLINGTON | TX | 76019 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $11,500 | 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 | $467 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $426,947 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $462,647 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $1,909,677 | 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 | $2,799,738 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,799,738 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | VINAY K JAIN AND KANIKA V JAIN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10710 INWOOD ROAD | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75229 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $7,036,846 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | PUBLICLY TRADED SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $4,286,846 | FairMarketValueAmt |
| Received | 2016-12-28 | ReceivedDt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CITIGROUP INC NOTE A | $274,753 | $274,753 |
| GOLDMAN SACHS GROUP INC NOTE | $507,920 | $507,920 |
| BANK AMER CORP MTN | $1,803,445 | $1,803,445 |
| CITIGROUP INC NOTE B | $775,185 | $775,185 |
| JPMORGAN CHASE & CO NOTE | $255,165 | $255,165 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GENERAL ELECTRIC CO (GE) | $632,000 | $632,000 |
| SPDR DOW JONES INDL AVG (DIA) | $1,975,100 | $1,975,100 |
| BERKSHIRE HATHAWAY INC(BRKA) | $488,242 | $488,242 |
| VANGUARD STAR FD (VXUS) | $1,896,175 | $1,896,175 |
| VANGUARD INTL EQUITY (VWO) | $991,356 | $991,356 |
| VANGUARD REIT ETF (VNQ) | $1,657,202 | $1,657,202 |
| MICROSOFT CORP (MSFT) | $1,091,489 | $1,091,489 |
| VANGUARD INDEX FDS (VTI) | $7,646,408 | $7,646,408 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| TEXTUAL COLLECTION | $14,731 | $14,993 | $14,993 |
| ART & ANTIQUITIES COLLECTION | $112,525 | $112,525 | $112,525 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED LOSS ON INVESTMENTS | $789,656 |
| DONATED RENT/INTERNET SERVICES | $8,305 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| BANK FEES | $6,529 | $6,529 | $6,529 |
| MEMBERSHIPS & SUBSCRIPTIONS | $150 | $150 | $150 |
| INSURANCE | $7,791 | $7,791 | $7,791 |
| OFFICE EXPENSE | $1,686 | $1,686 | $1,686 |
| MISCELLANEOUS EXPENSE | $125 | $125 | $125 |
| MEALS & ENTERTAINMENT | $204 | $204 | $204 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DONATED RENT/INTERNET SERVICES | Desc |
| Amt | $8,305 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING FEES | CategoryTxt |
| Amt | $72,324 | Amt |
| Net Investment Income | $37,406 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $37,406 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $33,166 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROPERTY TAX | CategoryTxt |
| Amt | $610,660 | Amt |
| Net Investment Income | $610,660 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $610,660 | AdjustedNetIncomeAmt |