FOUNDACION FARA: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDACION FARA (EIN 27-4804960)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-12-23
- IRS object ID
- 202523579349101617
- Schema version
- 2024v5.2
- 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
- Amortization Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-12-23T11:32:56-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 831259830 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHRIBER & ASSOCIATES PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4315 GUADALUPE STREET SUITE 200 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 787513644 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274804960 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FARA FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | FORMERLY KNOWN AS FOUNDACION FARA | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FARA | BusinessNameControlTxt |
| Phone | 5124529902 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3724 JEFFERSON STREET SUITE 210 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78731 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MANNY FARAHANI | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 5124529902 | PhoneNum |
| Signature | 2025-12-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SAM J COCKBURN CPA | PreparerPersonNm |
| PTIN | P02044549 | PTIN |
| Phone | 5124748900 | PhoneNum |
| Preparation | 2025-12-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $19,116,856 | 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 | $2,038,248 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $670,014 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $670,014 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $670,014 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $401,810 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $401,810 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $401,810 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $220,980 | NetRentalIncomeOrLossAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $20,805 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $20,805 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $3,130,877 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,071,824 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,092,629 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $159,252 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $159,252 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $29,702 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $29,702 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $49,491 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $40,055 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $49,491 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $60,550 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $52,217 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $60,550 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $13,162 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $13,162 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $349,552 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $88,725 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $88,558 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $260,827 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $661,709 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $180,997 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $198,599 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $462,943 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $60,690 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $60,690 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $722,399 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $180,997 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $198,599 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $523,633 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,408,478 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $890,827 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $894,030 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $479,161 | CashBOYAmt |
| Cash EOY | $480,869 | CashEOYAmt |
| Cash EOYFMV | $480,869 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $11,030,020 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $11,024,826 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $11,024,826 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers BOY | $50,000 | RcvblFromOfficersBOYAmt |
| Corporate Stock BOY | $502,500 | CorporateStockBOYAmt |
| Corporate Stock EOY | $502,500 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $605,814 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $750,000 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,172,852 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,168,100 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $5,309,382 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $750,854 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $2,759,835 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $4,558,528 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $5,289,146 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $250,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $244,250 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $535,449 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $231,598 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $312,184 | LandBOYAmt |
| Land EOY | $303,851 | LandEOYAmt |
| Land EOYFMV | $303,851 | LandEOYFMVAmt |
| Total Assets BOY | $15,883,700 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,293,426 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,116,856 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $1,248 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,248 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| 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 | $15,883,700 | RetainedEarningBOYAmt |
| Retained Earning EOY | $18,292,178 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,883,700 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,292,178 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,883,700 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,293,426 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,883,700 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,408,478 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $18,292,178 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,292,178 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,382 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $12,382 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $12,382 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $431 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $12,500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $12,931 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $467 | EsPenaltyAmt |
| Overpayment | $82 | OverpaymentAmt |
| Applied To ES Tax | $82 | 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 | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.FARAFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | MICHAEL GRIMES | IndividualWithBooksNm |
| Phone | 5124529902 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3724 JEFFERSON STREET SUITE 210 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78731 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | NU | ForeignCountryCd |
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 |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|
| MANNY FARAHANI | ||||||||
| 3724 JEFFERSON STREET STE 210 | AUSTIN | TX | 78731 | PRESIDENT | 4.00 | $0 | $0 | $0 |
| MARIA FARAHANI | ||||||||
| 3724 JEFFERSON STREET STE 210 | AUSTIN | TX | 78731 | EXECUTIVE DIR. | 4.00 | $0 | $0 | $0 |
| DANIEL FARAHANI | ||||||||
| 3724 JEFFERSON STREET STE 210 | AUSTIN | TX | 78731 | DIRECTOR | 4.00 | $0 | $0 | $0 |
| LEILA FARAHANI | ||||||||
| 3724 JEFFERSON STREET STE 210 | AUSTIN | TX | 78731 | DIRECTOR | 4.00 | $0 | $0 | $0 |
| WILLIAM T BEIL | ||||||||
| 3724 JEFFERSON STREET STE 210 | AUSTIN | TX | 78731 | DIRECTOR | 4.00 | $0 | $0 | $0 |
| STEVE BOWERS | ||||||||
| 3724 JEFFERSON STREET STE 210 | AUSTIN | TX | 78731 | DIRECTOR | 4.00 | $0 | $0 | $0 |
| MICHAEL GRIMES | ||||||||
| 3724 JEFFERSON STREET STE 210 | AUSTIN | TX | 78731 | TREASURER | 4.00 | $0 | $0 | $0 |
| WILLIAM TROUTT | ||||||||
| 3724 JEFFERSON STREET STE 210 | AUSTIN | TX | 78731 | DIRECTOR | 4.00 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION OPERATES A HEALTH CLINIC FOR LOW-INCOME INDIVIDUALS IN NICARAGUA THAT PROMOTES AWARENESS AND EDUCATION IN HEALTH; TREATING WOMEN'S DISEASES WITH EMPHASIS ON PREVENTION, DETECTION AND TREATMENT OF INJURIES RELATED TO PRE-MALIGNANT CERVICAL CANCER; PROVIDING GENERAL MEDICAL AND DENTAL SERVICES AND COORDINATE SPECIALIZED FOREIGN MEDICAL TEAMS. | Description1Txt |
| Expenses1 | $462,943 | 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 | $1,628,656 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $11,507,440 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,483,831 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,619,927 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $16,619,927 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $249,299 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,370,628 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $818,531 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $523,633 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $523,633 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2011-11-02 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $818,531 | CurrentYearAmt |
| Year1 | $569,725 | Year1Amt |
| Year2 | $264,264 | Year2Amt |
| Year3 | $547,902 | Year3Amt |
| Total | $2,200,422 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $695,751 | CurrentYearAmt |
| Year1 | $484,266 | Year1Amt |
| Year2 | $224,624 | Year2Amt |
| Year3 | $465,717 | Year3Amt |
| Total | $1,870,359 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $523,633 | CurrentYearAmt |
| Year1 | $593,618 | Year1Amt |
| Year2 | $390,308 | Year2Amt |
| Year3 | $386,178 | Year3Amt |
| Total | $1,893,737 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $60,690 | CurrentYearAmt |
| Year1 | $135,000 | Year1Amt |
| Year2 | $28,000 | Year2Amt |
| Year3 | $30,000 | Year3Amt |
| Total | $253,690 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $462,943 | CurrentYearAmt |
| Year1 | $458,618 | Year1Amt |
| Year2 | $362,308 | Year2Amt |
| Year3 | $356,178 | Year3Amt |
| Total | $1,640,047 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $545,687 | CurrentYearAmt |
| Year1 | $391,730 | Year1Amt |
| Year2 | $433,545 | Year2Amt |
| Year3 | $365,268 | Year3Amt |
| Total | $1,736,230 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MANNY FARAHANI | ContributingManagerNm |
| 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 RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| RAMJAANE JOSUA FOUNDATION | |||||||
| 19912 GROVER CLEVELAND WAY | MANOR | TX | 78653 | NONE | PC | SUPPORT | $2,500 |
| UT AUSTIN-LITERACY FIRST | |||||||
| PO BOX 7458 | AUSTIN | TX | 78713 | NONE | PC | SUPPORT | $7,500 |
| JEREMIAH PROGRAM | |||||||
| 1200 PAUL TERESA SALDANA STREET | AUSTIN | TX | 78702 | NONE | PC | SUPPORT | $2,500 |
| HOPE MEDICAL CLINIC | |||||||
| 8101 CAMERON ROAD 101 | AUSTIN | TX | 78754 | NONE | PC | SUPPORT | $2,500 |
| MISSION POSSIBLE AUSTIN | |||||||
| 1190 CHICON STREET | AUSTIN | TX | 78702 | NONE | PC | SUPPORT | $2,500 |
| GOD'S PEOPLE HELPING PEOPLE | |||||||
| 8456 SPICEWOOD SPRINGS RD | AUSTIN | TX | 78759 | NONE | PC | SUPPORT | $5,000 |
| OPERATION GAME THIEF | |||||||
| 4200 SMITH SCHOOL RD | AUSTIN | TX | 78744 | NONE | PC | SUPPORT | $2,500 |
| ST DAVID'S FOUNDATION | |||||||
| 1303 SAN ANTONIO ST STE 500 | AUSTIN | TX | 78701 | NONE | PC | SUPPORT | $1,500 |
| MORE THAN WELCOME | |||||||
| 13625 POND SPRINGS RD UNIT 205 | AUSTIN | TX | 78729 | NONE | PC | SUPPORT | $2,500 |
| SOLSTICE SENIOR LIVING | |||||||
| 2603 JONES RD | AUSTIN | TX | 78745 | NONE | SUPPORT | $26,390 | |
| TARLETON STATE UNIVERSITY | |||||||
| 1333 W WASHINGTON ST | STEPHENVILLE | TX | 76401 | NONE | SUPPORT | $5,300 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $60,690 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLINIC AND PHARMACY FEES | Desc |
| Business | 621300 | BusinessCd |
| Related Or Exempt Function Incm | $20,805 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $670,014 | ExclusionAmt |
| Related Or Exempt Function Incm | $670,014 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $220,980 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $890,994 | ExclusionAmt |
| Related Or Exempt Function Incm | $690,819 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,581,813 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 4 | LineNumberTxt |
| Relationship Statement | N/A | RelationshipStatementTxt |
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 (6 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| MANOUCHER FARAHANI | |||||||
| 1 | 3724 JEFFERSON STREET STE 210 | AUSTIN | TX | 78731 | $1,974,000 | Yes (X) | Yes (X) |
| STANLEY C AND KELLY C KOLODZEY | |||||||
| 2 | 601 CLARK COVE | BUDA | TX | 78610 | $7,500 | Yes (X) | |
| REBECCA POWELL | |||||||
| 3 | 3834 SPICEWOOD SPRINGS ROAD SUITE 1 | AUSTIN | TX | 78759 | $5,000 | Yes (X) | |
| LOIS SELMAN | |||||||
| 4 | 6108 TWIN LEDGE CIRCLE | AUSTIN | TX | 78731 | $5,000 | Yes (X) | |
| WILLIAM T BIEL MD | |||||||
| 5 | 5913 LONESOME VALLEY | AUSTIN | TX | 78731 | $5,000 | Yes (X) | |
| HELEN JOBES | |||||||
| 6 | PO BOX 26873 | AUSTIN | TX | 78755 | $5,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | LAND AND BUILDING/IMPROVEMENTS LOCATED AT 3447 NORTHLAND DRIVE, AUSTIN, TX 78731 | NoncashPropertyDesc |
| Fair Market Value | $1,800,000 | FairMarketValueAmt |
| Received | 2024-12-17 | ReceivedDt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | LAND LEASE | AmortizedExpensesDesc |
| Acquired Completed Or Expended | 2018-07-23 | AcquiredCompletedOrExpendedDt |
| Amortized | $950,354 | AmortizedAmt |
| Deduction For Prior Years | $451,555 | DeductionForPriorYearsAmt |
| Amortization Period | 137.000000000000 | AmortizationPeriodRt |
| Current Year Amortization | $83,364 | CurrentYearAmortizationAmt |
| Net Investment Income | $83,364 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $83,364 | AdjustedNetIncomeAmt |
| Total Amortization | $534,919 | TotalAmortizationAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (13 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt |
|---|---|---|---|---|---|---|---|---|
| LAND | 2011-01-01 | $100,000 | L | $0 | $0 | $0 | ||
| CLINIC BUILDING | 2011-01-01 | $325,000 | SL | $8,333 | $0 | $8,333 | $112,816 | 39.000000000000 |
| FURNITURE & FIXTURES | 2011-01-01 | $75,000 | SL | $0 | $0 | $0 | $75,000 | 10.000000000000 |
| VEHICLES | 2021-10-04 | $24,494 | SL | $0 | $0 | $0 | $24,494 | 5.000000000000 |
| 2-ULTRASOUND | 2015-09-15 | $10,955 | SL | $0 | $0 | $0 | $10,955 | 5.000000000000 |
| LAND-RENTAL | 2020-01-01 | $136,000 | L | $0 | $0 | $0 | ||
| IMPROVEMENTS | 2020-01-01 | $1,439,000 | SL | $36,897 | $36,897 | $36,897 | $146,104 | 39.000000000000 |
| LAND-EXCESS | 2020-01-01 | $325,000 | L | $0 | $0 | $0 | ||
| IMPROVEMENTS | 2021-06-30 | $77,213 | SL | $1,980 | $1,980 | $1,980 | $5,034 | 39.000000000000 |
| IMPROVEMENTS | 2022-01-01 | $7,066 | SL | $181 | $181 | $181 | $355 | 39.000000000000 |
| BUILDING IMPROVEMENTS | 2022-11-02 | $417,942 | SL | $10,716 | $10,716 | $10,716 | $12,056 | 39.000000000000 |
| IMPROVEMENTS | 2023-09-29 | $22,533 | SL | $578 | $578 | $578 | $169 | 39.000000000000 |
| IMPROVEMENTS | 2024-06-18 | $134,274 | SL | $1,865 | $1,865 | $1,865 | 39.000000000000 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| UBS FINANCIAL SERVICES-FIXED INCOME | $1,138,795 | $1,134,043 |
| UBS FINANCIAL SERVICES-ACCRUED INTEREST | $34,057 | $34,057 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | UBS FINANCIAL SERVICES-COMMON STOCK | StockNm |
| EOY Book Value | $502,500 | EOYBookValueAmt |
| EOYFMV | $605,814 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| LAND LEASE | $950,354 | $534,919 | $415,435 |
| LAND-RENTAL | $136,000 | $0 | $136,000 |
| IMPROVEMENTS | $1,439,000 | $183,001 | $1,255,999 |
| LAND-EXCESS | $325,000 | $0 | $325,000 |
| IMPROVEMENTS | $77,213 | $7,014 | $70,199 |
| IMPROVEMENTS | $7,066 | $536 | $6,530 |
| BUILDING IMPROVEMENTS | $417,942 | $22,772 | $395,170 |
| IMPROVEMENTS | $22,533 | $747 | $21,786 |
| IMPROVEMENTS | $134,274 | $1,865 | $132,409 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | UBS FINANCIAL SERVICES-STRUCTURED PRODUCTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $250,000 | BookValueAmt |
| EOYFMV | $244,250 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| LAND | $100,000 | $0 | $100,000 |
| CLINIC BUILDING | $325,000 | $121,149 | $203,851 |
| FURNITURE & FIXTURES | $75,000 | $75,000 | $0 |
| VEHICLES | $24,494 | $24,494 | $0 |
| 2-ULTRASOUND | $10,955 | $10,955 | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| REPAIRS & MAINTENANCE | $3,694 | $0 | $0 | $3,694 |
| MEDICAL SUPPLIES | $31,379 | $0 | $0 | $31,379 |
| OFFICE EXPENSES | $19,740 | $0 | $0 | $19,740 |
| BANK SERVICE CHARGES | $2,182 | $0 | $0 | $2,182 |
| BROKERAGE FEES | $167 | $167 | $0 | $0 |
| PAYMENTS TO CHARITIES | $46,395 | $0 | $0 | $46,395 |
| WEBSITE | $5,704 | $0 | $0 | $5,704 |
| FOOD DRIVE | $133,511 | $0 | $0 | $133,511 |
| SUPPLIES | $18,222 | $0 | $0 | $18,222 |
| MAINTENANCE | $2,958 | $2,958 | $2,958 | $0 |
| UTILITIES | $2,236 | $2,236 | $2,236 | $0 |
| AMORTIZATION | $83,364 | $83,364 | $83,364 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLINIC AND PHARMACY FEES | Desc |
| Revenue And Expenses Per Books | $20,805 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $20,805 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $29,702 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $29,702 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MANOUCHER FARAHANI | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3724 JEFFERSON STREET SUITE 210 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78731 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL EXCISE TAXES | $9,436 | $0 | $9,436 | $0 |
| TAXES | $40,055 | $40,055 | $40,055 | $0 |