LOREASE & ED PRIESMEYER FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- LOREASE & ED PRIESMEYER FOUNDATION INC (EIN 76-0307944)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2025-02-11
- IRS object ID
- 202540429349100724
- Schema version
- 2023v6.0
- 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
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Land Etc Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-02-11T18:11:01-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 742123532 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CANDYCE F DIXON CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1106 AVENUE O | AddressLine1Txt |
| City | HUNTSVILLE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77340 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760307944 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOREASE & ED PRIESMEYER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LORE | BusinessNameControlTxt |
| Phone | 9362917316 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1106 AVENUE O | AddressLine1Txt |
| City | HUNTSVILLE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77340 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CANDYCE F DIXON | PersonNm |
| Person Title | CEO/BOARD PRESIDENT | PersonTitleTxt |
| Phone | 9362917316 | PhoneNum |
| Signature | 2025-02-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CANDYCE F DIXON | PreparerPersonNm |
| PTIN | P00953675 | PTIN |
| Phone | 9362917316 | PhoneNum |
| Preparation | 2025-02-11 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization4947a1 Trtd PF | Yes (X) | Organization4947a1TrtdPFInd |
| FMV Assets EOY | $3,874,368 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $106 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $106 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $106 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $18,157 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $18,157 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $18,157 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $40,237 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $357,617 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $146 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $33,317 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $33,317 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $33,317 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $91,817 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $51,726 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $51,580 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $35,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $35,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $2,720 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $2,720 | PensionEmplBnftDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $16,749 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $16,749 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $547 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $547 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $12,354 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $12,354 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $2,773 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,584 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $1,102 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $87 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $70,143 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $31,234 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $1,102 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $37,807 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $179,389 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $179,389 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $249,532 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $31,234 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $1,102 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $217,196 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$157,715 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $20,492 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $50,478 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,352 | CashBOYAmt |
| Cash EOY | $11,693 | CashEOYAmt |
| Cash EOYFMV | $11,693 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $33,253 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $14,031 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $14,031 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $553,800 | CorporateStockBOYAmt |
| Corporate Stock EOY | $399,703 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $517,144 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $229,748 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $229,748 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $229,748 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $3,301,500 | LandBldgInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $14,725 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,927 | LandBldgEquipAccumDeprecAmt |
| Land EOY | $2,798 | LandEOYAmt |
| Land EOYFMV | $30,000 | LandEOYFMVAmt |
| Total Assets BOY | $820,153 | TotalAssetsBOYAmt |
| Total Assets EOY | $657,973 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,874,368 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $110 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $342 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $110 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $342 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $820,043 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $657,631 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $820,043 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $657,631 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $820,153 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $657,973 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $820,043 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$157,715 | ExcessRevenueOverExpensesAmt |
| Subtotal | $662,328 | SubtotalAmt |
| Other Decreases | $4,697 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $657,631 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $146 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $285 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $285 | SubtotalAmt |
| Tax Based On Investment Income | $285 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $2,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $2,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,715 | OverpaymentAmt |
| Applied To ES Tax | $1,715 | 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 | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CANDYCE F DIXON | IndividualWithBooksNm |
| Phone | 9362917316 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1106 AVENUE O | AddressLine1Txt |
| City | HUNTSVILLE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 773404444 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| CANDYCE F DIXON | ||||||||
| 1106 AVENUE O | HUNTSVILLE | TX | 773404444 | CEO/BOARD PR | 10.00 | $35,000 | $0 | $0 |
| BILL HEFNER | ||||||||
| 7110 HIGHWAY 71 | GARWOOD | TX | 77442 | VICE PRESIDE | 0.50 | $0 | $0 | $0 |
| PAMELA HUGGHINS | ||||||||
| 398 ELKINS LAKE | HUNTSVILLE | TX | 77340 | SECRETARY/TR | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PROVIDED SCHOLARSHIP FUNDS TO SIX UNIVERSITIES, FOUR COLLEGES, AND ONE TRADE SCHOOL TO PROVIDE POST HIGH SCHOOL EDUCATION FOR 21 RICE CISD GRADUATES. PROVIDED FUNDING FOR DUAL CREDIT COURSES FOR STUDENTS ATTENDING RICE CISD HIGH SCHOOL. | Description1Txt |
| Expenses1 | $99,389 | Expenses1Amt |
| Description2 | PROVIDED RESOURCES TO RICE CISD: SCHOOL SUPPLIES FOR 525 STUDENTS, GRADES K-5, WERE PURCHASED. 81.8% OF SCHOOL POPULATION IS ECONOMICALLY DISADVANTAGED. FUNDS ALSO WERE PROVIDED FOR DISTRICT TO PURCHASE CLASSROOM FURNITURE. | Description2Txt |
| Expenses2 | $80,000 | Expenses2Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $599,629 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $29,480 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,351,500 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,980,609 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $3,980,609 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $59,709 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,920,900 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $196,045 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $196,045 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $285 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $285 | TotalTaxAmt |
| Distributable Before Adj | $195,760 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $195,760 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $195,760 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $217,196 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $217,196 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $195,760 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $177,031 | UndistributedIncomePYAmt |
| Qualifying Distributions | $217,196 | QualifyingDistributionsAmt |
| Applied To Year1 | $177,031 | AppliedToYear1Amt |
| Applied To Current Year | $40,165 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $155,595 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| BLINN COLLEGE | |||||||
| 902 COLLEGE AVENUE | BRENHAM | TX | 77833 | 501(C)(3) | FUND SCHOLARSHIPS | $2,500 | |
| GALVESTON COLLEGE | |||||||
| 4015 AVENUE Q | GALVESTON | TX | 77550 | 501(C)(3) | FUND SCHOLARSHIPS | $2,847 | |
| GRAND CANYON UNIVERSITY | |||||||
| 3300 W CAMELBACK ROAD | PHOENIX | AZ | 85017 | 501(C)(3) | FUND SCHOLARSHIPS | $5,000 | |
| RICE CISD | |||||||
| PO DRAWER 338 | ALTAIR | TX | 77412 | 501(C)(3) | SUPPLIES, EQUIP, | $80,000 | |
| TEXAS A&M UNIVERSITY | |||||||
| PAVILION 2ND FLOOR | COLLEGE STATION | TX | 778431252 | 501(C)(3) | FUND SCHOLARSHIPS | $45,636 | |
| TEXAS STATE TECHNICAL COLLEGE | |||||||
| 3801 CAMPUS DRIVE | WACO | TX | 76633 | 501(C)(3) | FUND SCHOLARSHIPS | $2,784 | |
| TEXAS STATE UNIVERSITY | |||||||
| JC KELLUM BLDG SUITE 220 | SAN MARCOS | TX | 786664684 | 501(C)(3) | FUND SCHOLARSHIPS | $7,010 | 601 UNIVERSITY DRIVE |
| UNIVERSITY OF HOUSTON | |||||||
| PO BOX 1426 | HOUSTON | TX | 772511426 | 501(C)(3) | FUND SCHOLARSHIPS | $2,500 | |
| UNIVERSITY OF TEXAS | |||||||
| PO BOX 7758 UT STATION | AUSTIN | TX | 787137758 | 501(C)(3) | FUND SCHOLARSHIPS | $5,000 | OFFICE OF STUDENT FIN SVC |
| UNIVERSITY OF TEXAS SAN ANTONIO | |||||||
| 1 UTSA CIRCLE | SAN ANTONIO | TX | 78249 | 501(C)(3) | FUND SCHOLARSHIPS | $11,624 | |
| WCJC | |||||||
| 911 BOLING HIGHWAY | WHARTON | TX | 77488 | 501(C)(3) | FUND SCHOLARSHIPS | $14,488 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $179,389 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $106 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $18,157 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $2,880 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $40,237 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| PASTURE RENTAL | 16 | $22,937 |
| HUNTING LEASE | 16 | $7,500 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $91,817 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $91,817 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (6 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | USED TO FUND SCHOLARSHIPS |
| 4 | USED TO FUND SCHOLARSHIPS |
| 7 | USED TO FUND SCHOLARSHIPS |
| 8 | USED TO FUND SCHOLARSHIPS |
| 11B | USED TO FUND SCHOLARSHIPS |
| 11C | USED TO FUND SCHOLARSHIPS |
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 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | FENCE | PropertyDesc |
| Acquired | 2023-03-01 | AcquiredDt |
| Cost Or Other Basis | $14,725 | CostOrOtherBasisAmt |
| Computation Method | 150DB | ComputationMethodTxt |
| Life | 15.0000 | LifeRt |
| Current Year Expense | $11,927 | CurrentYearExpenseAmt |
| Net Investment Income | $11,927 | NetInvestmentIncomeAmt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE ATTORNEY GENERAL OF TEXAS DOES NOT ACCEPT FORM 990PF. IN LIEU, A QUESTIONNAIRE IS FILED AT LEAST EVERY FOUR YEARS. | ExplanationTxt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|
| FIRST FINANCIAL TRUST CO | PURCHASE | $25,715 | $24,858 | $857 |
| FIRST FINANCIAL TRUST CO | PURCHASE | $331,756 | $292,522 | $39,234 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | PORTFOLIO MANAGED BY TRUST CO | StockNm |
| EOY Book Value | $399,703 | EOYBookValueAmt |
| EOYFMV | $517,144 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | LAND | CategoryOrItemTxt |
| Cost Or Other Basis | $229,748 | CostOrOtherBasisAmt |
| Book Value | $229,748 | BookValueAmt |
| EOYFMV | $3,301,500 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FENCE | CategoryOrItemTxt |
| Cost Or Other Basis | $14,725 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $11,927 | AccumulatedDepreciationAmt |
| Book Value | $2,798 | BookValueAmt |
| EOYFMV | $30,000 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL TAXES | Desc |
| Amt | $4,697 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EXPENSES | ||||
| D&O INSURANCE | $1,102 | $1,102 | ||
| FARM LIABILITY INSURANCE | $1,584 | $1,584 | ||
| SUPPLIES | $87 | $87 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| UNRECAPTURED 1250 GAIN | $33 | $33 | $33 |
| OIL & GAS ROYALTIES | $2,847 | $2,847 | $2,847 |
| PASTURE RENTAL | $22,937 | $22,937 | $22,937 |
| HUNTING LEASE | $7,500 | $7,500 | $7,500 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL TAX LIA | Desc |
| BOY Book Value | $110 | BOYBookValueAmt |
| EOY Book Value | $342 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVESTMENT MANAGEMENT FEES | $6,749 | $6,749 |
| APPRAISAL & SURVEY FEE | $10,000 | $10,000 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | DUE DATE EXTENDED DUE TO FEDERAL DISASTER. | ExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $347 | $347 |
| PRODUCTION TAX | $200 | $200 |