SOOCH FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: SOOCH FOUNDATION (EIN 20-0399480)
Tax period: 2014-01-01 to 2014-12-31
Filed: 2015-11-14
IRS object ID: 201513189349100306
Schema version: 2014v5.0
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
Accounting Fees Schedule
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Land Etc Schedule2
Other Expenses Schedule
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-11-14T15:14:57-06:00	ReturnTs
Tax Period End	2014-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	472401640	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DURBIN BENNETT TAX ADVISORS	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	100 CONGRESS AVENUE SUITE 1600	AddressLine1Txt
City	AUSTIN	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78701	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2014-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	200399480	EIN

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Business Name Control	SOOC	BusinessNameControlTxt
Phone	5124725755	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	600 WEST 7TH STREET	AddressLine1Txt
City	AUSTIN	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78701	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARY ELLEN PIETRUSZYNSKI	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	5124725755	PhoneNum
Signature	2015-11-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	STEPHANIE S TODD	PreparerPersonNm
PTIN	P00175982	PTIN
Phone	5124394800	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$14,922,058	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
Dividends Rev And Expnss	$241,963	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$241,963	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$451,464	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$2,007,798	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$451,464	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$693,427	TotalRevAndExpnssAmt
Total Net Invst Incm	$693,427	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$60,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$60,000	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$67,266	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$67,266	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$4,724	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$0	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$4,724	PensionEmplBnftDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$5,730	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$2,865	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$2,865	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$33,862	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$33,862	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$14,530	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$4,794	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$9,736	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$1,416	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$0	DeprecAndDpltnNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss	$3,252	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$3,252	TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$100	PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm	$0	PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl	$100	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$5,397	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$5,397	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$196,277	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$41,521	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$153,340	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$582,500	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$582,500	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$778,777	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$41,521	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$735,840	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$85,350	ExcessRevenueOverExpensesAmt
Net Investment Income	$651,906	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$436,420	CashBOYAmt
Cash EOY	$529,065	CashEOYAmt
Cash EOYFMV	$529,065	CashEOYFMVAmt
Corporate Stock BOY	$9,678,968	CorporateStockBOYAmt
Corporate Stock EOY	$5,174,346	CorporateStockEOYAmt
Corporate Stock EOYFMV	$5,174,346	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$722,197	CorporateBondsBOYAmt
Corporate Bonds EOY	$2,045,829	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$2,045,829	CorporateBondsEOYFMVAmt
Other Investments BOY	$4,006,641	OtherInvestmentsBOYAmt
Other Investments EOY	$7,171,536	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$7,171,536	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$15,670	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$14,388	LandBldgEquipAccumDeprecAmt
Land BOY	$0	LandBOYAmt
Land EOY	$1,282	LandEOYAmt
Land EOYFMV	$1,282	LandEOYFMVAmt
Total Assets BOY	$14,844,226	TotalAssetsBOYAmt
Total Assets EOY	$14,922,058	TotalAssetsEOYAmt
Total Assets EOYFMV	$14,922,058	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	$14,844,226	RetainedEarningBOYAmt
Retained Earning EOY	$14,922,058	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$14,844,226	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$14,922,058	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$14,844,226	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$14,922,058	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$14,844,226	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$85,350	ExcessRevenueOverExpensesAmt
Other Increases	$163,182	OtherIncreasesAmt
Subtotal	$14,922,058	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$14,922,058	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
SCHWAB FUNDING #7015-SEE ATTACHMENT A	P	2014-12-31	2014-12-31	$39,452	$24,484	$14,968	$14,968
SCHWAB FUNDING #7015-SEE ATTACHMENT A	P	2014-12-31	2014-12-31	$1,544,434	$1,350,619	$193,815	$193,815
18.1254 SHS CANDLEWOOD STRUCTURED CREDIT	P	2012-05-25	2014-12-12	$250,000	$181,231	$68,769	$68,769
CAPITAL GAINS DIVIDENDS	P			$173,912		$173,912	$173,912

Field	Value	IRS element (for citing)
Capital Gain Net Income	$451,464	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$714,541	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$14,242,139	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.050171	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$812,449	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$13,536,753	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.060018	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$961,397	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$14,284,204	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.067305	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$920,189	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$13,973,443	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.065853	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$712,415	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$9,143,318	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.077916	DistributionYr5Rt
Total Distribution	0.321263	TotalDistributionRt
Average Distribution	0.064253	AverageDistributionRt
Net Vl Noncharitable Assets	$14,805,115	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$951,273	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$6,519	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$957,792	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$735,840	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$13,038	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$13,038	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$13,038	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$6,148	EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax	$14,000	AppliedToEsTaxAmt
Total Payments And Credits	$20,148	TotalPaymentsAndCreditsAmt
Overpayment	$7,110	OverpaymentAmt
Applied To ES Tax	$7,110	AppliedToESTaxAmt
Refund	$0	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	Yes (1)	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	WWW.SOOCHFOUNDATION.ORG	WebsiteAddressTxt
Individual With Books	MARY ELLEN PIETRUSZYNSKI	IndividualWithBooksNm
Phone	5124725755	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	600 WEST 7TH STREET	AddressLine1Txt
City	AUSTIN	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78701	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	Yes (1)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
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
NAVDEEP S SOOCH
600 W 7TH STREET	AUSTIN	TX	78701	PRESIDENT & TREASURER	5.00	$0	$0	$0
DAVID R WELLAND
600 W 7TH STREET	AUSTIN	TX	78701	VICE PRESIDENT	1.00	$0	$0	$0
ISABEL WELLAND
600 W 7TH STREET	AUSTIN	TX	78701	SECRETARY & TRUSTEE	1.00	$0	$0	$0
JOHN MCGOVERN
600 W 7TH STREET	AUSTIN	TX	78701	TRUSTEE	1.00	$0	$0	$0

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	Expense AccountExpenseAccountAmt
CAROLINE A NEWMAN
600 WEST 7TH STREET	AUSTIN	TX	78701	ASSOCIATE DIRECTOR	40.00	$67,266	$4,724	$0
MARY ELLEN PIETRUSZYNSKI
600 WEST 7TH STREET	AUSTIN	TX	78701	EXECUTIVE DIRECTOR	20.00	$60,000	$0	$1,200

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

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	SOOCH FOUNDATION EMPLOYEE, CAROLINE NEWMAN, WAS THE GIVING PROFILE CHAIR FOR CENTRAL TEXAS EDUCATION FUNDERS (CTEF). THIS IS A COLLABORATIVE OF APPROXIMATELY 60 FUNDERS AND APPROXIMATELY 100 PEOPLE REPRESENTING FUNDERS WHO SUPPORT EDUCATION IN THE LOCAL AREA. CAROLINE SPENDS APPROXIMATELY THREE PERCENT OF HER TIME GATHERING AND ANALYZING DATA AND CREATING THE GIVING PROFILE FOR THE BENEFIT OF THIS GROUP.	Description1Txt
Expenses1	$2,314	Expenses1Amt

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	$14,818,821	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$211,753	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$15,030,574	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$15,030,574	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$225,459	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$14,805,115	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$740,256	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$740,256	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$13,038	TaxBasedOnInvestmentIncomeAmt
Total Tax	$13,038	TotalTaxAmt
Distributable Before Adj	$727,218	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$727,218	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$727,218	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$735,840	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$735,840	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$735,840	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$727,218	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$352,989	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$229,755	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$258,642	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$137,774	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$6,013	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$985,173	TotalExcessDistributionCyovAmt
Qualifying Distributions	$735,840	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$727,218	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$8,622	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$993,795	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	$352,989	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$640,806	ExcessDistriCyovToNextYrAmt
Excess From Year4	$229,755	ExcessFromYear4Amt
Excess From Year3	$258,642	ExcessFromYear3Amt
Excess From Year2	$137,774	ExcessFromYear2Amt
Excess From Year1	$6,013	ExcessFromYear1Amt
Excess From Current Year	$8,622	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	NAVDEEP S SOOCH	ContributingManagerNm
Contributing Manager	DAVID R WELLAND	ContributingManagerNm
Contributing Manager	ISABEL WELLAND	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
YOUTH AND FAMILY ALLIANCE (AKA LIFEWORKS)
1221 WEST BEN WHITE BLVD STE 108-A	AUSTIN	TX	78704	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$125,000
WORKFORCE SOLUTIONS
6505 AIRPORT BLVD SUITE 101	AUSTIN	TX	78752	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$100,000
KIPP AUSTIN PUBLIC SCHOOLS INC
135 MAIN STREET SUITE 1700	SAN FRANCISCO	CA	94105	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$50,000
ECONOMIC GROWTH BUSINESS INCUBATOR
1144 AIRPORT BLVD SUITE 260	AUSTIN	TX	78702	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$50,000
AUSTIN PARTNERS IN EDUCATION
8000 CENTRE PARK DR STE 220	AUSTIN	TX	78754	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$50,000
AISD CHARITABLE FUND INC
1111 WEST 6TH ST	AUSTIN	TX	78703	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$45,000
ASSISTANCE LEAGUE OF AUSTIN TEXAS INC
4901 BURNET RD	AUSTIN	TX	78756	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$40,000
AUSTIN AREA URBAN LEAGUE
8011A CAMERON RD	AUSTIN	TX	78754	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$35,000
ST EDWARDS UNIVERSITY
3001 SOUTH CONGRESS AVENUE	AUSTIN	TX	78704	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$22,000
LITERACY COALITION OF CENTRAL TEXAS
300 WEST 6TH STREET	AUSTIN	TX	78701	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$20,000
AUSTIN CAN ACADEMY
2406 ROSEWOOD AVE	AUSTIN	TX	78702	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$16,417
AUSTIN COMMUNITY COLLEGE
5930 MIDDLE FISKVILLE ROAD	AUSTIN	TX	78752	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$13,583
SSP LEARNING CENTER
PO BOX 41213	AUSTIN	TX	78704	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$10,500
FRONT STEPS INC
PO BOX 684519	AUSTIN	TX	78768	N/A	PC	TO SUPPORT ORGANIZATION'S PURPOSE	$5,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$582,500	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$241,963	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$451,464	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$693,427	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$693,427	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$5,730	Amt
Net Investment Income	$2,865	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$2,865	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

Field	Value	IRS element (for citing)
Property	APPLE LAPTOPS	PropertyDesc
Acquired	2014-11-13	AcquiredDt
Cost Or Other Basis	$2,698	CostOrOtherBasisAmt
Computation Method	200DB	ComputationMethodTxt
Life	5.000000000000	LifeRt
Current Year Expense	$1,416	CurrentYearExpenseAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	FIXED INCOME FUNDS	BondNm
EOY Book Value	$2,045,829	EOYBookValueAmt
EOYFMV	$2,045,829	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	EQUITY FUNDS	StockNm
EOY Book Value	$5,174,346	EOYBookValueAmt
EOYFMV	$5,174,346	EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (7 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
REAL ESTATE FUNDS	FMV	$1,811,304	$1,811,304
LONG/SHORT FUNDS	FMV	$1,260,077	$1,260,077
IRONWOOD INTERNATIONAL LTD	FMV	$1,727,921	$1,727,921
CAIS MILLENNIUM INT'L LTD	FMV	$609,673	$609,673
GRAHAM GLOBAL INVESTMENT FUND	FMV	$643,773	$643,773
CANDLEWOOD INVESTMENT GROUP LP	FMV	$786,717	$786,717
CAIS THIRD POINT PARTNERS	FMV	$332,071	$332,071

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
ORGANIZATION COSTS	$12,972	$12,972	$0	$0
APPLE LAPTOPS	$2,698	$1,416	$1,282	$1,282

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INTERNET/WEBSITE HOSTING	$89	$0	$89
TELEPHONE	$2,503	$0	$2,503
BANK SERVICE CHARGES	$95	$0	$95
PAYROLL SERVICE FEES	$2,043	$0	$2,043
DUES AND SUBSCRIPTIONS	$89	$0	$89
OFFICE SUPPLIES	$399	$0	$399
MISCELLANEOUS	$150	$0	$150
POSTAGE AND DELIVERY	$29	$0	$29

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAIN	Desc
Amt	$163,182	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT MGMT FEES	CategoryTxt
Amt	$33,862	Amt
Net Investment Income	$33,862	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAX	$4,794	$4,794	$0
PAYROLL TAX	$9,736	$0	$9,736