DR AND MRS HUGH A KENNEDY FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- DR AND MRS HUGH A KENNEDY FOUNDATION (EIN 74-2983794)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-14
- IRS object ID
- 201441349349100649
- Schema version
- 2013v3.1
- 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 Govt Obligations Sch
- Investments Land Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-14T09:41:08-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SWANK & SALCH PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 802 N CARANCAHUA SUITE 310 | AddressLine1 |
| City | CORPUS CHRISTI | City |
| State | TX | State |
| ZIP Code | 78401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742983794 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DR AND MRS HUGH A KENNEDY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MARTIN C DAVIS | InCareOfNm |
| Business Name Control | DRAN | BusinessNameControlTxt |
| Phone | 3618822272 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 802 N CARANCAHUA | AddressLine1 |
| Address Line2 | Suite 1270 | AddressLine2 |
| City | CORPUS CHRISTI | City |
| State | TX | State |
| ZIP Code | 78401 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTIN C DAVIS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3618822272 | PhoneNum |
| Signature | 2014-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3618838151 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,574,638 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $298,698 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $298,698 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,528,314 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $16,002,261 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,528,314 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,827,012 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,827,012 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $55,125 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $2,756 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $52,369 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $19,919 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $996 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $18,923 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $220 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,180 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $106,959 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $106,959 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $19,552 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,600 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $4,521 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,919 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,602 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $210,476 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $121,450 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $77,074 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $446,350 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $446,350 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $656,826 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $121,450 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $523,424 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,170,186 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,705,562 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $363,889 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $756,105 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $756,105 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $13,412 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $11,952 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $11,952 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $1,192,282 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $7,065,316 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,692,889 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,806,581 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $655,861 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $0 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $9,290,760 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,460,946 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,574,638 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $8,826,799 | CapitalStockBOYAmt |
| Capital Stock EOY | $8,826,799 | CapitalStockEOYAmt |
| Retained Earning BOY | $463,961 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,634,147 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,290,760 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,460,946 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,290,760 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,460,946 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,290,760 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,170,186 | ExcessRevenueOverExpensesAmt |
| Subtotal | $11,460,946 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $11,460,946 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (39 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES- #2064 | P | 2013-12-31 | $681,300 | $609,847 | $71,453 | $71,453 | |
| PUBLICLY TRADED SECURITIES- #2064 | P | 2013-12-31 | $570,048 | $450,014 | $120,034 | $120,034 | |
| PUBLICLY TRADED SECURITIES- #2064 | P | 2013-12-31 | $124,299 | $79,091 | $45,208 | $45,208 | |
| PUBLICLY TRADED SECURITIES- #2065 | P | 2013-12-31 | $619,574 | $558,920 | $60,654 | $60,654 | |
| PUBLICLY TRADED SECURITIES- #2065 | P | 2013-12-31 | $950,441 | $714,425 | $236,016 | $236,016 | |
| PUBLICLY TRADED SECURITIES- #2065 | P | 2013-12-31 | $1,069,793 | $702,253 | $367,540 | $367,540 | |
| PUBLICLY TRADED SECURITIES- #2066 | P | 2013-12-31 | $1,624,042 | $1,489,276 | $136,328 | $134,766 | |
| PUBLICLY TRADED SECURITIES- #2066 | P | 2013-12-31 | $983,475 | $658,103 | $325,372 | $325,372 | |
| PUBLICLY TRADED SECURITIES- #2066 | P | 2013-12-31 | $611,257 | $326,808 | $284,449 | $284,449 | |
| PUBLICLY TRADED SECURITIES- #2067 | P | 2013-12-31 | $390,262 | $365,130 | $25,404 | $25,132 | |
| PUBLICLY TRADED SECURITIES- #2067 | P | 2013-12-31 | $252 | $252 | |||
| PUBLICLY TRADED SECURITIES- #2067 | P | 2013-12-31 | $288,040 | $222,740 | $65,300 | $65,300 | |
| PUBLICLY TRADED SECURITIES- #2067 | P | 2013-12-31 | $132,640 | $84,763 | $47,877 | $47,877 | |
| PUBLICLY TRADED SECURITIES- #2069 | P | 2013-12-31 | $620,704 | $620,569 | $135 | $135 | |
| PUBLICLY TRADED SECURITIES- #2069 | P | 2013-12-31 | $811,055 | $840,105 | -$29,050 | -$29,050 | |
| PUBLICLY TRADED SECURITIES- #2069 | P | 2013-12-31 | $83,599 | $87,698 | -$4,099 | -$4,099 | |
| PUBLICLY TRADED SECURITIES- #2069 | P | 2013-12-31 | $2,220,929 | $2,157,901 | $63,028 | $63,028 | |
| 11,000 NEWS AMERICA INC COMPANY GUARANT 6.400% | P | 2013-09-23 | $12,033 | $10,714 | $1,319 | $1,319 | 2006-10-10 |
| PUBLICLY TRADED SECURITIES- #2073 | P | 2013-12-31 | $242,971 | $214,137 | $28,834 | $28,834 | |
| PUBLICLY TRADED SECURITIES- #2073 | P | 2013-12-31 | $629,062 | $440,599 | $188,463 | $188,463 | |
| PUBLICLY TRADED SECURITIES- #2073 | P | 2013-12-31 | $261,046 | $120,469 | $140,577 | $140,577 | |
| PUBLICLY TRADED SECURITIES- #2094 | P | 2013-12-31 | $73,348 | $64,104 | $9,244 | $9,244 | |
| PUBLICLY TRADED SECURITIES- #2094 | 2013-12-31 | $194,355 | $196,957 | -$2,602 | -$2,602 | ||
| PUBLICLY TRADED SECURITIES- #2094 | P | 2013-12-31 | $258,982 | $239,265 | $19,717 | $19,717 | |
| PUBLICLY TRADED SECURITIES- #2338 | P | 2013-12-31 | $30,519 | $33,138 | -$2,619 | -$2,619 | |
| PUBLICLY TRADED SECURITIES- #2338 | P | 2013-12-31 | $1,337 | $1,322 | $15 | $15 | |
| PUBLICLY TRADED SECURITIES- #2338 | P | 2013-12-31 | $41,293 | $44,439 | -$3,146 | -$3,146 | |
| PUBLICLY TRADED SECURITIES- #2338 | P | 2013-12-31 | $521,628 | $532,995 | -$11,367 | -$11,367 | |
| PUBLICLY TRADED SECURITIES- #2353 | P | 2013-12-31 | $206,715 | $183,178 | $23,537 | $23,537 | |
| PUBLICLY TRADED SECURITIES- #2353 | P | 2013-12-31 | $259,640 | $207,773 | $51,867 | $51,867 | |
| PUBLICLY TRADED SECURITIES- #2353 | P | 2013-12-31 | $209,386 | $176,668 | $32,718 | $32,718 | |
| 104 SHS OF BARCLAY PLC RIGHTS PARENT ML | P | 2013-09-23 | $532 | $532 | $532 | 2013-09-23 | |
| 1 SH INTERCONTINENTAL HOTELS GROUP PLC SHS SP ADR | P | 2013-09-23 | $29 | $29 | 2012-10-10 | ||
| PUBLICLY TRADED SECURITIES- FROST | P | 2013-12-31 | $1,055,074 | $1,034,445 | $20,629 | $20,629 | |
| LITIGATION PROCEEDS | P | 2013-12-31 | $77 | $77 | $77 | ||
| CASH IN LIEU #2067 | P | 2013-12-31 | $27 | $27 | $27 | ||
| 17 SHS OF BROOKFIELD PROPERTY PARTNERS | P | 2013-05-14 | $385 | $372 | $13 | $13 | 2013-04-18 |
| PRIOR PERIOD BASIS ADJUSTMENTS | P | 1931-12-31 | $7,282 | -$7,282 | -$7,282 | ||
| CAPITAL GAIN DIVIDENDS | P | $222,112 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,528,314 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $493,706 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $10,292,192 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047969 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $458,018 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $10,231,474 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.044766 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $491,078 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $9,514,746 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.051612 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $544,922 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $8,736,471 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.062373 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $623,882 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $10,977,492 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.056833 | DistributionYr5Rt |
| Total Distribution | 0.263553 | TotalDistributionRt |
| Average Distribution | 0.052711 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $11,003,811 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $580,022 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $27,056 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $607,078 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $523,424 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $54,111 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $54,111 | SubtotalAmt |
| Tax Based On Investment Income | $54,111 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,952 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $11,952 | TotalPaymentsAndCreditsAmt |
| Tax Due | $42,159 | TaxDueAmt |
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 | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARTIN C DAVIS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3618822272 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 802 N CARANCAHUA STE 1270 | AddressLine1 |
| City | CORPUS CHRISTI | City |
| State | TX | State |
| ZIP Code | 78401 | ZIPCode |
| 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MARTIN C DAVIS | ||||||||
| 802 N CARANCAHUA SUITE 1270 | CORPUS CHRISTI | TX | 78401 | PRESIDENT | 15.0 | $41,925 | $0 | $0 |
| BARBARA LITTLE | ||||||||
| 802 N CARANCAHUA SUITE 1270 | CORPUS CHRISTI | TX | 78401 | TREASURER | 2.0 | $6,600 | $0 | $0 |
| PATRICIA WILLIAMS | ||||||||
| 802 N CARANCAHUA SUITE 1270 | CORPUS CHRISTI | TX | 78401 | VICE PRESIDENT | 2.0 | $6,600 | $0 | $0 |
| KAREN BONNER | ||||||||
| 802 N CARANCAHUA SUITE 1270 | CORPUS CHRISTI | TX | 78401 | SECRETARY | 2.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERRILL LYNCH | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 826143 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 191826143 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGERS | ServiceTypeTxt |
| Compensation | $60,803 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,374,831 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,796,551 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,171,382 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,171,382 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $167,571 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,003,811 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $550,191 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $550,191 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $54,111 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $54,111 | TotalTaxAmt |
| Distributable Before Adj | $496,080 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $496,080 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $496,080 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $523,424 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $523,424 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $523,424 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $496,080 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $439,738 | UndistributedIncomePYAmt |
| Prior Year1 | 2011 | PriorYear1Yr |
| Prior Year2 | 2010 | PriorYear2Yr |
| Prior Year3 | 2009 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $523,424 | QualifyingDistributionsAmt |
| Applied To Year1 | $439,738 | AppliedToYear1Amt |
| Applied To Current Year | $83,686 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $412,394 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1 | Address Line2RecipientUSAddress/AddressLine2 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| SOUTH TEXAS PUBLIC BROADCASTING | ||||||||
| 4455 S PADRE ISLAND DR | SUITE 38 | CORPUS CHRISTI | TX | 784114481 | NONE | PC | GENERAL PROGRAM SUPPORT | $35,000 |
| ST PATRICK'S CHURCH | ||||||||
| 3350 S ALAMEDA STREET | CORPUS CHRISTI | TX | 78411 | NONE | PC | GENERAL PROGRAM SUPPORT | $96,750 | |
| UNIVERSITY OF WISCONSIN-OSHKOSH FOUNDATION INC | ||||||||
| OVIATT HOUSE | 842 ALGOMA BOULEVARD | OSHKOSH | WI | 549013551 | NONE | PF | SCHOLARSHIPS | $40,000 |
| CHRISTUS SPOHN HEALTH SYSTEM FOUNDATION | ||||||||
| 600 ELIZABETH ST | CORPUS CHRISTI | TX | 78404 | NONE | PC | NURSING EXCELLENCE FUND | $116,600 | |
| UNIVERSITY OF WISCONSIN FOUNDATION | ||||||||
| 1848 UNIVERSITY AVENUE | MADISON | WI | 53726 | NONE | PF | SCHOLARSHIPS FOR MEDICAL SCHOOL & CAPITAL CAMPAIGN | $87,000 | |
| SALVATION ARMY- CORPUS CHRISTI | ||||||||
| PO BOX 2507 | CORPUS CHRISTI | TX | 78403 | NONE | PC | GENERAL SUPPORT | $21,000 | |
| TEXAS A&M UNIVERSITY - CORPUS CHRISTI | ||||||||
| 6300 OCEAN DR | CORPUS CHRISTI | TX | 78412 | NONE | PC | NURSING SCHOOL EQUIPMENT | $20,000 | |
| LEAD FIRST | ||||||||
| 500 N SHORELINE SUITE 807 | CORPUS CHRISTI | TX | 78407 | NONE | PC | GENERAL PROGRAM SUPPORT | $5,000 | |
| THE RISE SCHOOL OF CORPUS CHRISTI | ||||||||
| 744 EVERHART RD | CORPUS CHRISTI | TX | 78411 | NONE | PC | GENERAL PROGRAM SUPPORT | $5,000 | |
| COASTAL BEND COMMUNITY FOUNDATION | ||||||||
| 600 LEOPARD STREET | SUITE 1716 | CORPUS CHRISTI | TX | 78401 | NONE | PC | DAY OF GIVING | $10,000 |
| ART CENTER OF CORPUS CHRISTI | ||||||||
| 100 SHORELINE BOULEVARD | CORPUS CHRISTI | TX | 78401 | NONE | PC | GENERAL PROGRAM SUPPORT | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $446,350 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $298,698 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,528,314 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,827,012 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,827,012 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SWANK & SALCH, P.C. | CategoryTxt |
| Amt | $4,400 | Amt |
| Net Investment Income | $220 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,180 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | DETAILS ON FILE | BondNm |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | DETAILS ON FILE | StockNm |
| EOY Book Value | $10,692,889 | EOYBookValueAmt |
| EOYFMV | $10,806,581 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Land Etc Schedule2 LandEtcSchedule2
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DAVIS, HUTCHINSON & WILKERSON | CategoryTxt |
| Legal Fees | $19,919 | LegalFeesAmt |
| Net Investment Income | $996 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $18,923 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| AMORTIZATION | $1,650 | $1,650 | |
| BANK FEES | $1,185 | $1,185 | |
| INSURANCE | $1,686 | $84 | $1,602 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| UBS FINANCIAL SERVICES | $38,473 | $38,473 |
| ML INVESTMENT FEES | $60,803 | $60,803 |
| FROST AGENCY FEES | $7,683 | $7,683 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $7,600 | $7,600 |
| FEDERAL EXCISE TAX | $11,952 |