NASHER FOUNDATION 101796: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- NASHER FOUNDATION 101796 (EIN 75-2674048)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-15
- IRS object ID
- 202401369349102880
- Schema version
- 2022v5.0
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T09:23:00-07:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 911845430 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BYRON A PARKER CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 SOUTH CENTER STREET | AddressLine1Txt |
| City | FORNEY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75126 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752674048 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NASHER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NASH | BusinessNameControlTxt |
| Phone | 9725640247 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 SOUTH CENTER STREET | AddressLine1Txt |
| City | FORNEY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75126 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BYRON A PARKER | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9725640247 | PhoneNum |
| Signature | 2024-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BYRON | PersonFirstNm |
| Person Last | PARKER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BYRON A PARKER CPA | PreparerPersonNm |
| PTIN | P00541643 | PTIN |
| Phone | 9725640247 | PhoneNum |
| Preparation | 2024-05-15 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $140,565,784 | 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 | $2,047,402 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,047,402 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $2,047,402 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $34,767 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $34,767 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $34,767 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $34,767 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $3,373,034 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $18,149,653 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,373,034 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $68,429 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $68,429 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $68,429 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $5,523,632 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,523,632 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $2,150,598 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $31,475 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $31,475 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $43,108 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $21,554 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $21,554 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $21,555 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $121,011 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $92,211 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $92,211 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $28,800 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $9,421 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $9,421 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $9,421 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,500,647 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $676,415 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $18,719 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $18,719 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $557,694 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,382,077 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $141,905 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $141,905 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $639,524 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,810,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,810,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $12,192,077 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $141,905 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $141,905 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,449,524 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$6,668,445 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,381,727 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,008,693 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,057,471 | CashBOYAmt |
| Cash EOY | $1,592,492 | CashEOYAmt |
| Cash EOYFMV | $1,591,785 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $27,448,548 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $24,595,930 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $24,595,930 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| US Government Obligations BOY | $5,320,510 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $20,984,287 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $19,046,064 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $33,183,481 | CorporateStockBOYAmt |
| Corporate Stock EOY | $30,919,739 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $53,410,881 | CorporateStockEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Mortgage Loans BOY | $116,249 | MortgageLoansBOYAmt |
| Other Investments BOY | $17,433,361 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,256,085 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,875,615 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $68,895,662 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $31,743,600 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $38,652,710 | LandBOYAmt |
| Land EOY | $37,152,062 | LandEOYAmt |
| Land EOYFMV | $37,152,062 | LandEOYFMVAmt |
| Other Assets BOY | $2,831,500 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,831,500 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,893,447 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $127,043,830 | TotalAssetsBOYAmt |
| Total Assets EOY | $120,332,095 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $140,565,784 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $127,043,830 | RetainedEarningBOYAmt |
| Retained Earning EOY | $120,332,095 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $127,043,830 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $120,332,095 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $127,043,830 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $120,332,095 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $127,043,830 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$6,668,445 | ExcessRevenueOverExpensesAmt |
| Subtotal | $120,375,385 | SubtotalAmt |
| Other Decreases | $43,290 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $120,332,095 | 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 | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES--J.P. MORGAN 8005 | P | 2022-06-30 | 2023-06-30 | $7,978,014 | $0 | $7,051,753 | $926,261 | $0 | $0 | $0 | $926,261 |
| PUBLICLY TRADED SECURITIES--FIRST MANHATTAN | P | 2022-06-30 | 2023-06-30 | $5,632,222 | $0 | $2,996,376 | $2,635,846 | $0 | $0 | $0 | $2,635,846 |
| PUBLICLY TRADED SECURITIES--FIRST MANHATTAN | P | 2022-07-01 | 2023-06-30 | $1,282,458 | $0 | $1,328,490 | -$46,032 | $0 | $0 | $0 | -$46,032 |
| HEDGE FUNDS--J.P. MORGAN 4005 | P | 2021-06-30 | 2022-08-15 | $3,256,959 | $0 | $3,400,000 | -$143,041 | $0 | $0 | $0 | -$143,041 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,373,034 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$46,032 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $74,806 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $74,806 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $74,806 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $100,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $100,000 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$100,000 | OriginalReturnOverpaymentAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $3,878 | EsPenaltyAmt |
| Overpayment | $21,316 | OverpaymentAmt |
| Applied To ES Tax | $21,316 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CARLA BOOTHE | IndividualWithBooksNm |
| Phone | 2143691234 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8080 NORTH CENTRAL EXPWY SUITE 1100 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75206 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 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 |
|---|---|---|---|---|---|---|---|---|
| STEPHEN STAMAS | ||||||||
| 325 EVANDALE ROAD | SCARSDALE | NY | 10583 | DIR/BD CHM | 2.00 | $0 | $0 | $0 |
| DAVID H HAEMISEGGER | ||||||||
| 8080 N CENTRAL EXPWY 1100 | DALLAS | TX | 75206 | DIR/PRESIDENT | 5.00 | $0 | $0 | $0 |
| NANCY NASHER | ||||||||
| 8080 N CENTRAL EXPWY 1100 | DALLAS | TX | 75206 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| ANDREA NASHER | ||||||||
| 6355 W NORTHWEST HWY APT 1617 | DALLAS | TX | 75225 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| BYRON A PARKER CPA | ||||||||
| 500 SOUTH CENTER STREET | FORNEY | TX | 75126 | TREASURER | 2.00 | $0 | $0 | $0 |
| JILL MANGNUSON | ||||||||
| 2001 FLORA STREET | DALLAS | TX | 75201 | SECRETARY | 1.00 | $0 | $0 | $0 |
| SARAH HAEMISEGGER | ||||||||
| 8080 N CENTRAL EXPWY 1100 | DALLAS | TX | 75206 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| MARC PECHERSKY | ||||||||
| 8080 N CENTRAL EXPWY 1100 | DALLAS | TX | 75206 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| TYREE COLLIER | ||||||||
| 1722 ROUTH ST SUITE 1500 | DALLAS | TX | 75201 | DIRECTOR | 2.00 | $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 EXPENDED FUNDS DURING THE CURRENT TAX YEAR RELATING TO THE OPERATION OF A SCULPTURE CENTER OPEN TO THE PUBLIC IN THE ARTS DISTRICT OF DALLAS TEXAS. | Description1Txt |
| Expenses1 | $9,810,000 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $73,694,086 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $26,598,628 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $428,624 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $100,721,338 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $100,721,338 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,510,820 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $99,210,518 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,960,526 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,449,524 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $10,449,524 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $10,449,524 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $10,449,524 | RemainingDistriFromCorpusAmt |
| Total Corpus | $10,449,524 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $10,449,524 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $10,449,524 | ExcessFromCurrentYearAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,008,693 | CurrentYearAmt |
| Year1 | $986,765 | Year1Amt |
| Year2 | $2,262,314 | Year2Amt |
| Year3 | $1,938,971 | Year3Amt |
| Total | $7,196,743 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,707,389 | CurrentYearAmt |
| Year1 | $838,750 | Year1Amt |
| Year2 | $1,922,967 | Year2Amt |
| Year3 | $1,648,125 | Year3Amt |
| Total | $6,117,231 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $10,449,524 | CurrentYearAmt |
| Year1 | $5,362,320 | Year1Amt |
| Year2 | $5,500,179 | Year2Amt |
| Year3 | $7,796,527 | Year3Amt |
| Total | $29,108,550 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $10,449,524 | CurrentYearAmt |
| Year1 | $5,362,320 | Year1Amt |
| Year2 | $5,500,179 | Year2Amt |
| Year3 | $7,796,527 | Year3Amt |
| Total | $29,108,550 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,307,017 | CurrentYearAmt |
| Year1 | $2,811,211 | Year1Amt |
| Year2 | $3,666,786 | Year2Amt |
| Year3 | $3,294,892 | Year3Amt |
| Total | $13,079,906 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DAVID HAEMISEGGER AND NANCY NASHER | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NASHER SCULPTURE CENTER | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 FLORA | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PUB. CHARITY | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | VARIOUS EXPENSE PAYMENTS | GrantOrContributionPurposeTxt |
| Amt | $9,810,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,810,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,047,402 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $34,767 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $68,429 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 19 | ExclusionCd |
| Exclusion | $3,373,034 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $5,523,632 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,523,632 | 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 (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FORVIS LLP AUDIT SERVICES | $35,333 | $17,666 | $17,666 | $17,667 |
| B A PARKER, CPA TAX RETURN PREP | $6,775 | $3,388 | $3,388 | $3,388 |
| CARLA BOOTHE BOOKKEEPING | $1,000 | $500 | $500 | $500 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (4 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES--J.P. MORGAN 8005 | 2022-06 | Purchased | 2023-06 | $7,978,014 | $7,051,753 | $926,261 |
| PUBLICLY TRADED SECURITIES--FIRST MANHATTAN 0305 | 2022-06 | Purchased | 2023-06 | $5,632,222 | $2,996,376 | $2,635,846 |
| PUBLICLY TRADED SECURITIES--FIRST MANHATTAN 03025 | 2022-07 | Purchased | 2023-06 | $1,282,458 | $1,328,490 | -$46,032 |
| HEDGE FUNDS--J.P. MORGAN ACCT 4005 | 2021-06 | Purchased | 2022-08 | $3,256,959 | $3,400,000 | -$143,041 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| J.P. MORGAN ACCT 8005 | $26,400,422 | $46,241,984 |
| J.P. MORGAN ACCT 0305 | $4,519,317 | $7,168,897 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $20,984,287 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $19,046,064 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PARTNERSHIP INVESTMENT--INDUSTRIAL PARTNERS | $280,912 | $300,000 |
| J.P. MORGAN ACCT 8005--REIT | $414,403 | $333,420 |
| J.P. MORGAN ACCT 8005--VARIOUS NON-US GOVT FIXED INCOME | $1,560,770 | $1,242,195 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (14 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| LAND COST- SCULPTURE CENTER | $6,718,670 | $0 | $6,718,670 |
| BUILDING | $47,665,874 | $23,544,674 | $24,121,200 |
| ELECTRONIC EQUIPMENT | $273,216 | $273,216 | $0 |
| EQUIPMENT--10 YEAR | $343,397 | $343,397 | $0 |
| EQUIPMENT--5 YEAR | $27,379 | $27,379 | $0 |
| FURNITURE AND FIXTURES--15 YEAR | $1,123,481 | $1,123,481 | $0 |
| FURNITURE AND FIXTURES--5 YEAR | $30,430 | $30,430 | $0 |
| CONSERVATION TRUCK | $21,806 | $21,806 | $0 |
| GARDEN | $11,705,282 | $5,779,604 | $5,925,678 |
| SIGNAGE | $11,572 | $5,786 | $5,786 |
| STREETSCAPE | $667,482 | $286,754 | $380,728 |
| PATENT | $63,493 | $63,493 | $0 |
| WEBSITE | $98,040 | $98,040 | $0 |
| SOFTWARE | $145,540 | $145,540 | $0 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | HOLLAND & KNIGHT EMPLOYMENT AGREEMENT CONSULTING | CategoryTxt |
| Legal Fees | $31,475 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $31,475 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ART/SCULPTURE | $2,831,500 | $2,831,500 | $2,831,500 |
| ACCRUED INTEREST & DIVIDEND INCOME | $0 | $0 | $61,947 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUST PRIOR PERIOD | Desc |
| Amt | $43,290 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INSURANCE--ART | $215,702 | $0 | $0 | $215,702 |
| INSURANCE--OTHER | $5,076 | $0 | $0 | $5,076 |
| ACCOUNTING | $15,595 | $7,798 | $7,798 | $7,795 |
| BANK FEES | $182 | $0 | $0 | $182 |
| ART STORAGE | $121,938 | $0 | $0 | $121,938 |
| CONTRACT LABOR EXPENSE | $204,292 | $0 | $0 | $204,292 |
| COLLECTION MANAGEMENT | $2,709 | $0 | $0 | $2,709 |
| BOND PREMIUM AMORTIZATION | $10,921 | $10,921 | $10,921 | $0 |
| IRC SEC. 4940 TAX | $100,000 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| INTEREST INCOME FROM PARTNERSHIP | $43 | $43 | $43 |
| SEC. 1231 GAIN FROM PARTNERSHIP | $67,747 | $67,747 | $67,747 |
| MISCELLANEOUS | $639 | $639 | $639 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FIRST MANHATTAN INVESTMENT MGT | $92,211 | $92,211 | $92,211 | $0 |
| AMY KAUFMAN CULTURAL PLAN. EXECUTIVE SEARCH | $28,800 | $0 | $0 | $28,800 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN INCOME TAX | CategoryTxt |
| Amt | $9,421 | Amt |
| Net Investment Income | $9,421 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $9,421 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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