GRAFF EDUCATIONAL FOUNDATION INC: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- GRAFF EDUCATIONAL FOUNDATION INC (EIN 75-2913161)
- Tax period
- 2011-12-01 to 2012-11-30
- Filed
- 2013-10-14
- IRS object ID
- 201302879349100605
- Schema version
- 2011v1.5
- 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
- Compensation Explanation
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-10-14T11:29:48-05:00 | Timestamp |
| Tax Period End Date | 2012-11-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TURNER VEDRENNE & HOWARD PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9330 LBJ FREEWAY STE 1450 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75243 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-12-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752913161 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRAFF EDUCATIONAL FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GRAF | NameControl |
| Phone | 2149517434 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8901 GOVERNORS ROW | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75247 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARK WELCH | Name |
| Title | SECRETARY/TREASURER | Title |
| Phone | 2149517434 | Phone |
| Date Signed | 2013-10-12 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS L TURNER | Name |
| Phone | 9726444131 | Phone |
| Date Prepared | 2013-10-12 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 215641 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 2018 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 258 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 245 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 497 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 497 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -454 | NetGainSaleAssetsRevAndExpnss |
| Other Income Rev And Expnss | 125 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 12 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 2444 | TotalRevenueAndExpenses |
| Total Net Investment Income | 754 | TotalNetInvestmentIncome |
| Accounting Fees Rev And Expnss | 1700 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 1700 | AccountingFeesNetInvstIncm |
| Interest Rev And Expnss | 13 | InterestRevAndExpnss |
| Interest Net Invst Incm | 13 | InterestNetInvstIncm |
| Other Expenses Rev And Expnss | 667 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 662 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 2380 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 2375 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 2380 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 2375 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 0 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 64 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 0 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 212016 | CashBOY |
| Savings And Temp Cash Invst EOY | 462 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 462 | SavingsAndTempCashInvstEOYFMV |
| Investments Other BOY | 14155 | InvestmentsOtherBOY |
| Investments Other EOY | 224065 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 215179 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 226171 | TotalAssetsBOY |
| Total Assets EOY | 224527 | TotalAssetsEOY |
| Total Assets EOYFMV | 215641 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 1700 | AccountsPayableBOY |
| Accounts Payable EOY | 1700 | AccountsPayableEOY |
| Other Liabilities BOY | 2018 | OtherLiabilitiesBOY |
| Total Liabilities BOY | 3718 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1700 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 222453 | UnrestrictedBOY |
| Unrestricted EOY | 222827 | UnrestrictedEOY |
| Total Net Assets BOY | 222453 | TotalNetAssetsBOY |
| Total Net Assets EOY | 222827 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 226171 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 224527 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 222453 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 64 | ExcessOfRevenueOverExpenses |
| Other Increases | 310 | OtherIncreases |
| Subtotal | 222827 | Subtotal |
| Total Net Assets Fund Balances EOY | 222827 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Asset | CAIN CAPITAL PARTNERS FUND | DescriptionOfAsset |
| How Acquired | P | HowAcquired |
| Cost Or Other Basis | 454 | CostOrOtherBasis |
| Gain Or Loss | -454 | GainOrLoss |
| Gains Minus Excess Or Losses | -454 | GainsMinusExcessOrLosses |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -454 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | true | LiableFor4942Tax |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 0 | InvestmentIncomeExciseTax |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | SHERRY ANNETT | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2149517434 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8901 GOVERNORS ROW | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75247 | ZIPCode |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| MARK WELCH | ||||||||
| 2300 N CENTRAL EXPRESSWAY | MCKINNEY | TX | 75070 | SEC/TREAS | 0.00 | 0 | 0 | 0 |
| STANLEY V GRAFF | ||||||||
| 8901 GOVERNORS ROW | DALLAS | TX | 75247 | PRESIDENT | 0.00 | 0 | 0 | 0 |
| CLAYTON SAWYERS | ||||||||
| 1405 EAST MAIN STREET | GRAND PRAIRIE | TX | 75050 | VICE PRES | 0.00 | 0 | 0 | 0 |
| TERRI WATWOOD | ||||||||
| 2300 N CENTRAL EXPRESSWAY | MCKINNEY | TX | 75070 | DIRECTOR | 0.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | AWARD QUALIFIED SCHOLARSHIPS TO ELIGIBLE INDIVIDUALS FROM THE COMMUNITY WHO WILL HAVE AN OPPORTUNITY TO PARTICIPATE IN A PROGRAM OF STUDY AT AN INSTITUTION OF HIGHER LEARNING. | Description1 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 35295 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 176926 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 11844 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 224065 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 224065 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 3361 | CashDeemedCharitable |
| Net Noncharitable Assets | 220704 | NetNoncharitableAssets |
| Minimum Investment Return | 11035 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 11035 | MinimumInvestmentReturn |
| Distributable Amount Before Adj | 11035 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 11035 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 11035 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 0 | ExpensesAndContributions |
| Qualifying Distributions | 0 | QualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 11035 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 8099 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 7859 | ExcessDistriCarryoverYear4 |
| Total Excess Distri Carryover | 15958 | TotalExcessDistriCarryover |
| Excess Distri Cyov App CY Corpus | 11035 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 11035 | ExcessDistriCyovAppliedCY |
| Total Corpus | 4923 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 4923 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 4923 | ExcessFromYear4 |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | SHERRY ANNETT | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8901 GOVERNORS ROW | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75247 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 2149517434 | RecipientPhoneNumber |
| Form And Info And Materials | WRITTEN APPLICATION | FormAndInfoAndMaterials |
| Submission Deadlines | N/A | SubmissionDeadlines |
| Restrictions On Awards | N/A | RestrictionsOnAwards |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 258 | RelatedOrExemptFunctionIncome |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 497 | RelatedOrExemptFunctionIncome |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -454 | RelatedOrExemptFunctionIncome |
Other Revenue Described OtherRevenueDescribed (2 entries)
| DescriptionDescription | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|
| PORTFOLIO INCOME | 12 |
| OTHER INCOME (LOSS) | 113 |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 426 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 426 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | Category |
| Amount | $1,700 | Amount |
| Net Investment Income | 1700 | NetInvestmentIncome |
Compensation Explanation CompensationExplanation
Compensation Compensation (4 entries)
| MARK WELCH |
| STANLEY V GRAFF |
| CLAYTON SAWYERS |
| TERRI WATWOOD |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (2 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| CAIN CAPITAL PARTNERS I, L.P. | FMV | 11844 | 11844 |
| NATIONAL FINANCIAL SERVICES ACCOUNT | AT COST | 212221 | 203335 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| EXPENSES | ||
| FOREIGN TAXES | 9 | 9 |
| PORTFOLIO DEDUCTIONS | 537 | 537 |
| OTHER DEDUCTIONS | 116 | 116 |
| NONDEDUCTIBLE EXPENSE | 5 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| PORTFOLIO INCOME | 12 | 12 |
| OTHER INCOME (LOSS) | 113 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNREALIZED GAINS (LOSSES) | Description |
| Amount | $310 | Amount |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO ELDORADO/GRAFF CHEVROLET | Description |
| BOY Book Value | 2018 | BOYBookValue |