SUMNERS FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- SUMNERS FOUNDATION (EIN 75-2734032)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-10-10
- IRS object ID
- 201802839349100605
- Schema version
- 2017v2.2
- 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
- Accounting Fees Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-10-10T10:37:00-07:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752593210 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sutton Frost Cary LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 Six Flags Dr Suite 600 | AddressLine1Txt |
| City | Arlington | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76011 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752734032 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HATTON W SUMNERS FOUNDATION FOR THE | BusinessNameLine1Txt |
| Business Name Line2 | STUDY & TEACHING OF SELF-GOVERNMENT INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HATT | BusinessNameControlTxt |
| Phone | 2142202128 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 325 N ST PAUL STREET | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID G DRUMM | PersonNm |
| Person Title | Chairman | PersonTitleTxt |
| Signature | 2018-10-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kimberly D Crawford | PreparerPersonNm |
| PTIN | P00446484 | PTIN |
| Phone | 8176498083 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | 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 | $66,068,760 | 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 | $20,373 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $372,906 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $372,906 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,183,003 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,183,003 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,087,603 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,772,676 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,056,613 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $793,432 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $450,673 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,457,317 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,063,195 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $685,783 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $337,426 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $348,357 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $60,648 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $28,604 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $32,044 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $13,467 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $13,467 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $23,700 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $11,850 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $11,850 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $407,352 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $21,516 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $15,134 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $47,076 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $47,076 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $50,757 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $25,379 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $25,378 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $113,196 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $12,225 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $100,971 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $656 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $140 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $516 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $491,517 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $183,406 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $23,109 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,894,152 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $681,089 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $557,359 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,528,638 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,528,638 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,422,790 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $681,089 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,085,997 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,034,527 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,382,106 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $436,510 | CashBOYAmt |
| Cash EOY | $3,861,970 | CashEOYAmt |
| Cash EOYFMV | $3,861,970 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,820,369 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $245,185 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $245,185 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $207,509 | AcctRcvblAmt |
| Acct Rcvbl BOY | $156,429 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $207,509 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $207,509 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $72,056 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $58,949 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $58,949 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $25,532,642 | CorporateStockBOYAmt |
| Corporate Stock EOY | $30,286,780 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $30,286,780 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $279,402 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $279,402 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $279,402 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $279,402 | LandBldgInvestmentsEOYFMVAmt |
| Mortgage Loans BOY | $4,389,853 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $5,440,203 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $5,440,203 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $26,627,846 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $25,661,590 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $25,661,590 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $122,016 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $94,844 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $38,464 | LandBOYAmt |
| Land EOY | $27,172 | LandEOYAmt |
| Land EOYFMV | $27,172 | LandEOYFMVAmt |
| Total Assets BOY | $59,353,571 | TotalAssetsBOYAmt |
| Total Assets EOY | $66,068,760 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $66,068,760 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $15,040 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $15,040 | AccountsPayableEOYAmt |
| Other Liabilities EOY | $205,109 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $15,040 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $220,149 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $59,338,531 | UnrestrictedBOYAmt |
| Unrestricted EOY | $65,848,611 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $59,338,531 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $65,848,611 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $59,353,571 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $66,068,760 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $59,338,531 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,034,527 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,475,553 | OtherIncreasesAmt |
| Subtotal | $65,848,611 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $65,848,611 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,056,613 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,054,080 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $62,925,510 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04854 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,180,483 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $68,089,950 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04671 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,817,981 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $63,287,615 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04453 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,912,987 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $61,461,439 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04740 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,881,245 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $58,725,473 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04906 | DistributionYr5Rt |
| Total Distribution | 0.236230 | TotalDistributionRt |
| Average Distribution | 0.047246 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $64,032,628 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,025,286 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $33,821 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,059,107 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,085,997 | 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 | $33,821 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $33,821 | SubtotalAmt |
| Tax Based On Investment Income | $33,821 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $177,510 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $177,510 | TotalPaymentsAndCreditsAmt |
| Overpayment | $143,689 | OverpaymentAmt |
| Applied To ES Tax | $70,000 | AppliedToESTaxAmt |
| Refund | $73,689 | RefundAmt |
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 | 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 | WWW.HATTONSUMNERS.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HUGH C AKIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2142202128 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 325 NORTH ST PAUL SUITE 3920 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 752013821 | 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 | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| DAVID G DRUMM | |||||||
| 901 MAIN STREET STE 500 | DALLAS | TX | 752023767 | Chairman | 2.00 | $30,000 | |
| CHARLES L MOORE | |||||||
| 5901-J WYOMING BLVD NE 154 | ALBUQUERQUE | NM | 87109 | Director | 2.00 | $12,663 | |
| JERRY D REIS | |||||||
| 6012 W CAMPUS CIRCLE DR 210 | IRVING | TX | 75063 | Treasurer | 2.00 | $20,397 | |
| LON R WILLIAMS | |||||||
| 2501 N HARWOOD SUITE 1900 | DALLAS | TX | 75201 | Secretary | 2.00 | $25,000 | |
| W DALE CRANE | |||||||
| PO BOX 92817 | SOUTHLAKE | TX | 76092 | Director | 2.00 | $25,000 | |
| SCOTT M HIGGINBOTHAM | |||||||
| 125 BELLAIRE AVENUE | DUMAS | TX | 79029 | Director | 2.00 | $24,811 | |
| WILLIAM W MEADOWS | |||||||
| 421 W 3RD STREET SUITE 800 | FORT WORTH | TX | 76102 | VICE CHAIRMAN | 2.00 | $22,127 | |
| HUGH C AKIN | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Executive Dir. | 40.00 | $173,590 | $26,038 |
| MIKE MCELROY | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Controller | 40.00 | $85,325 | $12,799 |
| BETH VAN DUYNE | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Director | 2.00 | $8,555 | |
| BRANT C MARTIN | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Director | 2.00 | $19,144 | |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| WENDY WERNER | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | EXEC. ASSISTANT | 40.00 | $71,402 | $10,710 |
| EILEEN C RESNIK | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | PROGRAM OFFICER | 40.00 | $80,000 | $12,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $28,989,856 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,436,512 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $33,581,376 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $65,007,744 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $65,007,744 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $975,116 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $64,032,628 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,201,631 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,201,631 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $33,821 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $33,821 | TotalTaxAmt |
| Distributable Before Adj | $3,167,810 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,167,810 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,167,810 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,085,997 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,085,997 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $33,821 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,052,176 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,167,810 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,829,204 | UndistributedIncomePYAmt |
| Qualifying Distributions | $3,085,997 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,829,204 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $256,793 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $2,911,017 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | HUGH C AKIN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 325 N ST PAUL STREET SUITE 3920 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 752013821 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2142202128 | RecipientPhoneNum |
| Recipient Email Address | HUGH@HATTONSUMNERS.ORG | RecipientEmailAddressTxt |
| Form And Info And Materials | LETTER, RESUME OF ORGANIZATION OR PERSON AND OTHER SUPPORTING MATERIAL. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | VARIOUS | SubmissionDeadlinesTxt |
| Restrictions On Awards | AWARDS ARE LIMITED TO THE STUDY AND TEACHING OF THE SCIENCE OF SELF-GOVERNMENT. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (39 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BAYLOR UNIVERSITY | |||||||
| 1311 S 5TH ST | WACO | TX | 76706 | NONE | PC | iENGAGE SUMMER CIVICS | $25,000 |
| THE BILL OF RIGHTS INSTITUTE | |||||||
| 200 NORTH GLEBE ROAD | ARLINGTON | VA | 22203 | NONE | PC | CONSTITUTION SEMINAR N.M. & OK TEACHERS | $25,000 |
| FOUNDATION FOR TEACHING ECONOMICS | |||||||
| 260 RUSSELL BLVD | DAVIS | CA | 95616 | NONE | PC | ECONOMICS FOR LEADERS | $75,000 |
| FUND FOR AMERICAN STUDIES | |||||||
| 1706 NEW HAMPSHIRE AVE | WASHINGTON | DC | 20009 | NONE | PC | UNDERGRAD SCHOLARSHIPS TO WASHINGTON D.C. | $50,000 |
| GLASSHOUSE POLICY | |||||||
| 1408 E 13TH STREET | AUSTIN | TX | 78702 | NONE | PC | Online Public Policy Development | $20,000 |
| HOWARD PAYNE UNIVERSITY | |||||||
| 1000 FISK STREET | BROWNWOOD | TX | 76801 | NONE | PC | Scholarship Program Development | $10,000 |
| HUSTON-TILLOTSON COLLEGE | |||||||
| 900 CHICON STREET | AUSTIN | TX | 78702 | NONE | PC | SUMNERS SCHOLARSHIPS | $72,000 |
| INSTITUTE FOR POLICY INNOVATION | |||||||
| 1660 S INTERSTATE 35-E | LEWISVILLE | TX | 75067 | NONE | PC | HWS DISTINGUISHED LECTURES (#1 OF 2) | $225,000 |
| LAW FOCUSED EDUCSTATE BAR OF TEXAS | |||||||
| 14651 DALLAS PKWY | DALLAS | TX | 75254 | NONE | PC | "BEING AN AMERICAN" CURRICULUM | $22,500 |
| NEW MEXICO STATE UNIVERSITY FOUNDATION | |||||||
| 1780 E UNIVERSITY AVE | LAS CRUCES | NM | 88003 | NONE | PC | DOMENICI PUBLIC POLICY CONFERENCE | $25,000 |
| PHILANTHROPY ROUNDTABLE | |||||||
| 1730 M STREET NM | WASHINGTON | DC | 20036 | NONE | PC | GENERAL SUPPORT AND ALLIANCE FOR CHARITABLE REFORM | $8,000 |
| SCHREINER UNIVERSITY | |||||||
| 2100 SAN ANTONIO HWY | KERRVILLE | TX | 78028 | NONE | PC | WHITEHURST AWARDS & SCHOLARSHIP PROGRAM DEVELOPMENT | $12,500 |
| SMU UNDERGRADUATE SCHOOL | |||||||
| PO BOX 750100 | DALLAS | TX | 75275 | NONE | PC | JOHN G. TOWER SUPPLEMENT TO ENDOWMENT | $20,000 |
| SOUTHWESTERN UNIVERSITY | |||||||
| 1001 E UNIVERSITY AVE | GEORGETOWN | TX | 78626 | NONE | PC | SUMNERS SCHOLARSHIP PROGRAM | $80,000 |
| ST EDWARDS UNIVERSITY | |||||||
| 3001 S CONGRESS AVE | AUSTIN | TX | 78704 | NONE | PC | SUMNERS SCHOLARSHIP PROGRAM | $80,000 |
| TEXAS CHRISTIAN UNIVERSITY | |||||||
| 2800 S UNIVERSITY DR | FORT WORTH | TX | 76129 | NONE | PC | DISTINGUISHED SCHOLARS (FORMERLY PARTIAL TUITION) | $70,000 |
| TEXAS WESLEYAN UNIVERSITY | |||||||
| 1201 WESLEYAN ST | FORT WORTH | TX | 75105 | NONE | PC | SCHOLARSHIP PROGRAM DEVELOPMENT | $6,000 |
| UNIVERSITY OF DALLAS | |||||||
| 1845 E NORTHGATE DR | IRVING | TX | 75062 | NONE | PC | SUMNERS SCHOLARSHIP PROGRAM | $100,000 |
| UNIVERSITY OF NORTH TEXAS FOUNDATION | |||||||
| 1155 UNION CIRCLE | DENTON | TX | 76203 | NONE | PC | PUBLIC ADM. FELLOWSHIPS/LIVING ALLOWANCE | $150,000 |
| UNIVERSITY OF TEXAS AT AUSTIN | |||||||
| BOX 8058 | AUSTIN | TX | 78712 | NONE | PC | ANNETTE STRAUS INSTITUTE- NEW POLITICS FORUM | $200,000 |
| UNIVERSITY OF SOUTHWEST | |||||||
| 6610 N LOVINGTON HWY | HOBBS | NM | 88242 | NONE | PC | HWS RESPONSIBLE CITIZENSHIP SERIES | $15,000 |
| WOODROW WILSON HS COMMUNITY FOUNDATION | |||||||
| 100 S GLASSGOW | DALLAS | TX | 75214 | NONE | PC | TEXAS LEADERSHIP PROGRAM | $15,000 |
| YMCA ALBUQUERQUE CENTRAL NM | |||||||
| 4701 MONTANO RD NM | ALBUQUERQUE | NM | 87120 | NONE | PC | YOUTH AND GOVERNMENT | $75,000 |
| TEXAS STATE ALLIANCE OF OF YMCAS | |||||||
| 3208 RED RIVER ST | AUSTIN | TX | 78705 | NONE | PC | YOUTH AND GOVERNMENT | $147,500 |
| YMCA OKLAHOMA CITY | |||||||
| 100 W MAIN ST | OKLAHOMA CITY | OK | 73102 | NONE | PC | YOUTH AND GOVERNMENT | $75,000 |
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVE | SHERMAN | TX | 75090 | NONE | PC | PUBLIC ADMINISTRATION & CRIMINAL LAW SYMPOSIUM | $1,500 |
| LAW FOCUSED EDUCSTATE BAR OF TEXAS | |||||||
| 14651 DALLAS PKWY | DALLAS | TX | 75254 | NONE | PC | TEACHER TRAINING INSTITUTE ON THE FOUNDING DOCUMENTS | $300,000 |
| LAW FOCUSED EDUCSTATE BAR OF TEXAS | |||||||
| 14651 DALLAS PKWY | DALLAS | TX | 75254 | NONE | PC | TEXAS CITIZEN BEE COMPETITION | $20,000 |
| NEW MEXICO FIRST | |||||||
| 505 MARQUETTE AVE | ALBUQUERQUE | NM | 87102 | NONE | PC | IMPLEMENT PUBLIC EDUCATION AFTER TOWN HALL MEETING | $50,000 |
| UNIVERSITY OF TEXAS AT AUSTIN | |||||||
| BOX 8058 | AUSTIN | TX | 78712 | NONE | PC | LBJ SCHOOL LEADERSHIP CONFERENCE 2006-2018 | $180,000 |
| TEXAS CHRISTIAN UNIVERSITY | |||||||
| 2800 S UNIVERSITY DR | FORT WORTH | TX | 76129 | NONE | PC | iENGAGE SUMMER CIVICS INSTITUTE | $22,638 |
| TEXAS TRIBUNE | |||||||
| 823 CONGRESS AVE | AUSTIN | TX | 78701 | NONE | FESTIVAL, CONVERSATION SERIES & SYMPOSIUMS PUBLIC POLICY EVENTS | $80,000 | |
| WORLD AFFAIRS COUNCIL | |||||||
| 325 NORTH ST PAUL STREET 4200 | DALLAS | TX | 75201 | NONE | PC | CIVIC PARTICIPATION LECTURE SERIES | $5,000 |
| LIBERTAS ACADEMY | |||||||
| 33617 E FOWLER AVE | TAMPA | FL | 33617 | NONE | PC | SPRING CIVICS INSTITUTE: INSTRUCTION AND CURRICULUM | $15,000 |
| FOUNDATION FOR RESPONSIBLE TELEVISI | |||||||
| 2904 FLOYD STREET | DALLAS | TX | 75204 | NONE | PC | MCCUISTION PROGRAMS | $50,000 |
| ARANSAS COUNTY ISD EDUCATION FOUNDA | |||||||
| PO BOX 195 | ROCKPORT | TX | 78381 | NONE | PC | REHAB 5 CLASSROOM & PURCHASE ONE CHROMEBOOK CENTER. | $50,000 |
| KUT RADIO-AUSTIN | |||||||
| 300 W DEAN KEATON ST | AUSTIN | TX | 78712 | NONE | PC | SUPPORT FOR TEXAS STANDARD RADIO PROGRAM | $50,000 |
| TEXAS TRIBUNE | |||||||
| 823 CONGRESS AVENUE | AUSTIN | TX | 78701 | NONE | PC | FESTIVAL, PRESENTATIONS & ACTIVITIES | $100,000 |
| PETROLEUM HALL OF FAME | |||||||
| 1500 W I20 WEST | MIDLAND | TX | 79701 | NONE | PC | HONOREE J C THOMPSON | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,528,638 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $372,906 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,183,003 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | $93,579 | UnrelatedBusinessTaxblIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | $1,549,433 | UnrelatedBusinessTaxblIncmAmt |
| Related Or Exempt Function Incm | $1,538,170 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| OIL & GAS ROYALTIES | 15 | $450,673 | ||
| Pass Through UBI from K-1 | 531120 | -$35,822 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $1,607,190 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,006,582 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,538,170 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,151,942 | 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 | JOSEPH WM FORAN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5400 LBJ FWY 1500 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75240 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $10,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $23,700 | Amt |
| Net Investment Income | $11,850 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $11,850 | DisbursementsCharitablePrpsAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land | CategoryOrItemTxt |
| Cost Or Other Basis | $279,402 | CostOrOtherBasisAmt |
| Book Value | $279,402 | BookValueAmt |
| EOYFMV | $279,402 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (38 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMERRA AGRI FUND II LP | FMV | $1,210,244 | $1,210,244 |
| WHITEBOX MULTI STRATEGY FUND | FMV | $4,704,252 | $4,704,252 |
| K-18 ML WELSH CARSON | FMV | $135,246 | $135,246 |
| ML-K-18-WP TRUST IV | FMV | $77,753 | $77,753 |
| KAYNE ANDERSON RE PTNR | FMV | $118,659 | $118,659 |
| LINX FUND I LP | FMV | $5,488,293 | $5,488,293 |
| CAPITAL ROY PARTNERS II | FMV | $1,456,617 | $1,456,617 |
| TIDELAND ROYALTY TRUST "B" | FMV | $20,399 | $20,399 |
| ORRI GULF OF MEXICO | FMV | $500,798 | $500,798 |
| ORRI OFFSHORE #2 | FMV | $114,901 | $114,901 |
| ORRI OKLAHOMA #1 | FMV | $201,431 | $201,431 |
| ORRI OKLAHOMA #2 | FMV | $82,165 | $82,165 |
| ORRI KANSAS | FMV | $70,489 | $70,489 |
| ORRI LOUISIANA | FMV | $21,332 | $21,332 |
| ORRI TEXAS | FMV | $40,012 | $40,012 |
| ORRI OKLAHOMA #3 | FMV | $35,744 | $35,744 |
| ORRI NM #1 | FMV | $18,014 | $18,014 |
| ORRI TEXAS #2 | FMV | $108,766 | $108,766 |
| ORRI TEXAS #5 | FMV | $110,008 | $110,008 |
| ORRI TEXAS #6 | FMV | $26,893 | $26,893 |
| ORRI LOUISIANA #2 | FMV | $444 | $444 |
| ORRI LOUISIANA # 3 | FMV | $24,793 | $24,793 |
| ORRI NM #2 | FMV | $4,397 | $4,397 |
| ORRI TEXAS #2 | FMV | $30,073 | $30,073 |
| ORRI TEXAS | FMV | $23,595 | $23,595 |
| ORRI LOUISIANA #5 | FMV | $18,203 | $18,203 |
| ORRI KANSAS #2 | FMV | $145,556 | $145,556 |
| ORRI WYOMING #1 | FMV | $220,082 | $220,082 |
| MADISON 1600 VICEROY | FMV | $342,865 | $342,865 |
| BACELINE NO DEBT RE FD | FMV | $339,027 | $339,027 |
| BACELINE NOP DEBT III | FMV | $411,609 | $411,609 |
| BRIARGROVE PLACE OFFICE BUILDING | FMV | $41,814 | $41,814 |
| HERITAGE OFFICE BUILDING (PAR CAPITAL) | FMV | $685,497 | $685,497 |
| PINNACLE IV | FMV | $2,219,508 | $2,219,508 |
| AMERRA AGRI FUND III | FMV | $1,458,582 | $1,458,582 |
| HACKBERRY CREEK | FMV | $1,677,266 | $1,677,266 |
| MADISON, LLC | FMV | $2,767,011 | $2,767,011 |
| AMERRA AGR FUND II ANNEX | FMV | $709,252 | $709,252 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $122,016 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $94,844 | AccumulatedDepreciationAmt |
| Book Value | $27,172 | BookValueAmt |
| EOYFMV | $27,172 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $13,467 | LegalFeesAmt |
| Net Investment Income | $13,467 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| GRAHAM MONTHLY SERVICE FEES | $1,609 | $1,609 | |
| INFORMATION TECHNOLOGY | $5,587 | $3,152 | $2,435 |
| INSURANCE | $25,459 | $25,459 | |
| INVESTMENT EXPENSES | $101,179 | $101,179 | |
| MISCELLANEOUS | $8,657 | $5,976 | $2,681 |
| NEWSLETTER PROGRAM | $6,988 | $6,988 | |
| OIL & GAS MAINTENANCE | $23,000 | $23,000 | |
| PARKING | $6,908 | $3,454 | $3,454 |
| POSTAGE | $1,329 | $573 | $756 |
| Rental Expenses | $285,002 | ||
| REPAIRS & MAINTENANCE | $560 | $560 | |
| ROYALTY OIL & GAS EXPENSE | $10,725 | $10,725 | |
| SUPPLIES | $4,410 | $2,089 | $2,321 |
| TELEPHONE | $10,104 | $5,630 | $4,474 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OIL & GAS ROYALTIES | $450,673 | $450,673 |
| Pass Through UBI from K-1 | -$35,822 | |
| Rental Income - Noninvestment Property | $378,581 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt |
|---|---|
| Deferred Excise Taxes | $80,368 |
| EXCISE TAXES PAYABLE | $124,741 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $370,702 | ||
| PAYROLL TAX | $28,513 | $13,379 | $15,134 |
| PROPERTY TAX | $8,137 | $8,137 |