PHILECOLOGY FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: PHILECOLOGY FOUNDATION (EIN 20-8987808)
Tax period: 2016-07-01 to 2017-06-30
Filed: 2018-05-14
IRS object ID: 201801349349101255
Schema version: 2016v3.0
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
General Explanation Attachment
Investments Corp Stock Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-05-14T08:47:55-05:00	ReturnTs
Tax Period End	2017-06-30	TaxPeriodEndDt
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2016-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	208987808	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE PHILECOLOGY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PHIL	BusinessNameControlTxt
Phone	8173908400	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	201 MAIN STREET NO 2300	AddressLine1Txt
City	FORT WORTH	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76102	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	THOMAS W WHITE	PersonNm
Person Title	VICE PRESIDENT	PersonTitleTxt
Phone	8173908400	PhoneNum
Signature	2018-05-11	SignatureDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	63.97.233.15	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-05-11	IPDt
IP Tm	15:32:42	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	6C9B1A35775087DBDB8A6D25ECA509C7F6C27838	AtSubmissionCreationDeviceId
At Submission Filing Device Id	EB7F53EDEDD53D767E95288A2334EE94FAA2A515	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$22,919,402	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	$250,390	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$10,155	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$10,155	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$160,545	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$160,545	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,468,259	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,545,665	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,468,259	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$546,672	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$546,672	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$2,436,021	TotalRevAndExpnssAmt
Total Net Invst Incm	$2,185,631	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Interest Rev And Expnss	$8,890	InterestRevAndExpnssAmt
Interest Net Invst Incm	$8,890	InterestNetInvstIncmAmt
Interest Adj Net Incm	$0	InterestAdjNetIncmAmt
Interest Dsbrs Chrtbl	$0	InterestDsbrsChrtblAmt
Taxes Rev And Expnss	$1,304	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$1,304	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$41,940	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$41,940	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$52,134	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$52,134	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$15,513,959	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$15,513,959	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$15,566,093	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$52,134	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$15,513,959	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$13,130,072	ExcessRevenueOverExpensesAmt
Net Investment Income	$2,133,497	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$1,467	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$33,882	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$33,882	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$125,098	AcctRcvblAmt
Acct Rcvbl BOY	$57,379	AcctRcvblBOYAmt
Acct Rcvbl EOY	$125,098	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$125,098	AcctRcvblEOYFMVAmt
Other Nts And Loans Rcvbl	$500,247	OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct	$0	OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY	$0	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$500,247	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$500,247	OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY	$21,466	CorporateStockBOYAmt
Corporate Stock EOY	$1,850,414	CorporateStockEOYAmt
Corporate Stock EOYFMV	$3,519,136	CorporateStockEOYFMVAmt
Other Investments BOY	$10,155,709	OtherInvestmentsBOYAmt
Other Assets BOY	$212,272	OtherAssetsBOYAmt
Other Assets EOY	$303,226	OtherAssetsEOYAmt
Other Assets EOYFMV	$18,741,039	OtherAssetsEOYFMVAmt
Total Assets BOY	$10,448,293	TotalAssetsBOYAmt
Total Assets EOY	$2,812,867	TotalAssetsEOYAmt
Total Assets EOYFMV	$22,919,402	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$10,448,293	RetainedEarningBOYAmt
Retained Earning EOY	$2,812,867	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$10,448,293	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,812,867	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$10,448,293	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,812,867	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$10,448,293	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$13,130,072	ExcessRevenueOverExpensesAmt
Other Increases	$5,536,192	OtherIncreasesAmt
Subtotal	$2,854,413	SubtotalAmt
Other Decreases	$41,546	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$2,812,867	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
12,500 SHARES WALT DISNEY COMPANY	P	2012-06-29	2016-12-16	$1,300,825	$15,421	$1,285,404	$1,285,404
900 SHARES WALT DISNEY COMPANY	P	2012-06-29	2017-04-07	$101,684	$1,110	$100,574	$100,574
PASSED THROUGH FROM PHILECOLOGY-PAFW PARTNERS	P				$60,875	-$60,875	-$60,875
PASSED THROUGH FROM PHILECOLOGY-PAFW PARTNERS	P			$143,156		$143,156	$143,156

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,468,259	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$13,020,408	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$25,560,708	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.509392	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$14,012,200	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$34,429,523	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.406982	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$6,850,000	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$34,188,150	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.200362	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$275,000	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$38,618,779	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.007121	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$360,000	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$3,065,525	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.117435	DistributionYr5Rt
Total Distribution	1.241292	TotalDistributionRt
Average Distribution	0.248258	AverageDistributionRt
Net Vl Noncharitable Assets	$20,223,139	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$5,020,556	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$21,335	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$5,041,891	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$15,513,959	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	$21,335	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$21,335	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$21,335	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$53,700	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$53,700	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Overpayment	$32,365	OverpaymentAmt
Applied To ES Tax	$24,000	AppliedToESTaxAmt
Refund	$8,365	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	0	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	TX	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	THOMAS W WHITE	IndividualWithBooksNm
Phone	8173908400	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	201 MAIN STREET SUITE 2600	AddressLine1Txt
City	FORT WORTH	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76102	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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
EDWARD P BASS
201 MAIN STREET SUITE 2300	FORT WORTH	TX	76102	PRESIDENT, DIRECTOR	0.00	$0	$0	$0
GARY W REESE
201 MAIN STREET SUITE 2300	FORT WORTH	TX	76102	VP, ASST TREAS	0.00	$0	$0	$0
THOMAS W WHITE
201 MAIN STREET SUITE 2300	FORT WORTH	TX	76102	VP, TREAS, ASST SEC, DIREC	0.00	$0	$0	$0
DEE STEER
201 MAIN STREET SUITE 2300	FORT WORTH	TX	76102	SECRETARY, DIRECTOR	0.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$1,159,922	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$4,800	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$19,366,384	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$20,531,106	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$20,531,106	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$307,967	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$20,223,139	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,011,157	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,011,157	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$21,335	TaxBasedOnInvestmentIncomeAmt
Total Tax	$21,335	TotalTaxAmt
Distributable Before Adj	$989,822	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$989,822	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$989,822	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$15,513,959	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$15,513,959	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$21,335	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$15,492,624	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$989,822	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$206,724	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3	$5,241,880	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$12,458,397	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$11,783,919	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$29,690,920	TotalExcessDistributionCyovAmt
Qualifying Distributions	$15,513,959	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$989,822	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$14,524,137	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$44,215,057	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$206,724	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$44,008,333	ExcessDistriCyovToNextYrAmt
Excess From Year3	$5,241,880	ExcessFromYear3Amt
Excess From Year2	$12,458,397	ExcessFromYear2Amt
Excess From Year1	$11,783,919	ExcessFromYear1Amt
Excess From Current Year	$14,524,137	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	EDWARD P BASS	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
AMAZON CONSERVATION ASSOCIATION
1012 14TH STREET NW SUITE 635	WASHINGTON	DC	20005	TAX EXEMPT	CONSERVATION ORGANIZATION	$100,000
FLORA OF NORTH AMERICA ASSOCIATION
PO BOX 716	POINT ARENA	CA	95468	TAX EXEMPT	CONSERVATION ORGANIZATION	$100,000
FT WORTH ZOOLOGICAL ASSOCIATION
1989 COLONIAL PARKWAY	FORT WORTH	TX	76110	TAX EXEMPT	CONSERVATION ORGANIZATION	$1,250,000
NATIONAL ENVIRONMENTAL EDUCATION FOUNDATION
4301 CONNECTICUT AVENUE NW SUITE	WASHINGTON	DC	20008	TAX EXEMPT	CONSERVATION ORGANIZATION	$50,000	160
PERFORMING ARTS FORT WORTH INC
330 EAST 4TH STREET SUITE 300	FORT WORTH	TX	76102	TAX EXEMPT	PERFORMING ARTS ORGANIZATION	$14,013,959

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$15,513,959	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$10,155	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$160,545	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	15	ExclusionCd
Exclusion	$546,672	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$1,468,259	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$2,185,631	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$2,185,631	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (4 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Noncash ContributionNoncashContributionInd
BOPCO LP
1	201 MAIN STREET SUITE 2300	FORT WORTH	TX	76102	$73,888	Yes (X)
DELBASIN CORPORATION
2	201 MAIN STREET SUITE 2300	FORT WORTH	TX	76102	$11,351	Yes (X)
EDWARD P BASS
3	201 MAIN STREET SUITE 2300	FORT WORTH	TX	76102	$25,367	Yes (X)
FINE LINE LP
4	201 MAIN STREET SUITE 2300	FORT WORTH	TX	76102	$19,126,225	Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
1	OIL AND GAS PROPERTY	$73,888	2017-02-17
2	OIL AND GAS PROPERTY	$11,351	2017-02-17
3	OIL AND GAS PROPERTY	$25,367	2017-02-17
4	OIL AND GAS PROPERTY	$19,126,225	2017-02-17

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990-PF, PART I, LINE 25, COLUMN(A)	FormAndLineReferenceDesc
Medium Explanation	FORM 990-PF, PART I, LINE 25, COLUMN(A)DISTRIBUTION OF PROPERTY VALUED AT FAIR MARKET VALUEAT DATE OF DISTRIBUTION:DATE OF DISTRIBUTION: 12/31/2016DESCRIPTION OF PROPERTY: 16.65% OF THE NET ASSETS OF THE PHILECOLOGY FOUNDATIONBOOK VALUE: $2,927,075FAIR MARKET VALUE: $4,707,657DATE OF DISTRIBUTION: 6/30/2017DESCRIPTION OF PROPERTY: 31.27762% OF THE NET ASSETS OF THE PHILECOLOGY FOUNDATIONBOOK VALUE: $5,550,691FAIR MARKET VALUE: $9,306,302METHOD FOR DETERMINING BOOK VALUE:COST OF ASSETS AND INVESTMENTS HELD BY THE PHILECOLOGY FOUNDATIONMETHOD FOR DETERMINING FAIR MARKET VALUE:VALUES OF INVESTMENT SECURITIES DETERMINED BY REFERENCE TOVARIOUS STOCK MARKET INDICES; ALL OTHER ASSETSVALUED AT COST	MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	INVESTMENT IN STOCK	StockNm
EOY Book Value	$1,850,414	EOYBookValueAmt
EOYFMV	$3,519,136	EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (5 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
FEDERAL INCOME TAX PAYABLE	$212,272	$53,700	$53,700
LEASEHOLD COST- DEPLETABLE ASSETS		$1,081,253	$1,081,253
LEASEHOLD - A/D		-$857,469	-$857,469
NON-PRODUCING LEASE COST		$25,742	$25,742
NON-PRODUCING ROYALTY	$0	$0	$18,437,813

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	PRIOR YEAR EXCISE TAX ADJUSTMENTS	Desc
Amt	$41,546	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	PORTFOLIO DEDUCTIONS FROM PHILECOLOGY-PAFW PARTNERS	Desc
Revenue And Expenses Per Books	$41,940	RevenueAndExpensesPerBooksAmt
Net Investment Income	$41,940	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
PASSED THROUGH FROM PHILECOLOGY-PAFW PARTNERS	$27	$27
ROYALTY INCOME	$546,645	$546,645

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED ON CHARITABLE GIVEN	Desc
Amt	$5,536,192	Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FOREIGN TAXES PASSED THROUGH FROM PHILECOLOGY-PAFW PARTNERS	CategoryTxt
Amt	$1,304	Amt
Net Investment Income	$1,304	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt