C AND A MCDONALD FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- C AND A MCDONALD FAMILY FOUNDATION (EIN 88-3312940)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-08-05
- IRS object ID
- 202402189349100115
- Schema version
- 2023v5.0
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-08-05T14:56:49-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 751226156 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCMAHON VINSON HUBBARD & ARMSTRONG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7822 ORLANDO AVE | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 794231942 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 883312940 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | C AND A MCDONALD FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CAND | BusinessNameControlTxt |
| Phone | 8067448617 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8001 QUAKER AVE SUITE L | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79424 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAURA STEWART | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 8067448617 | PhoneNum |
| Signature | 2024-08-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| 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 | DIANE HUBBARD | PreparerPersonNm |
| PTIN | P00049244 | PTIN |
| Phone | 8067950470 | PhoneNum |
| Preparation | 2024-07-31 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $10,555,397 | 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 |
| Interest On Sav Rev And Expnss | $154,511 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $154,511 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $78,808 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $78,808 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $110,580 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,403,853 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $110,580 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $343,899 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $343,899 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $350 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $350 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $2,230 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,230 | AccountingFeesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $42,531 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $42,531 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $45,111 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $45,111 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $510,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $510,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $555,111 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $45,111 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $510,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$211,212 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $298,788 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,110,568 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $198,797 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $198,797 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $4,934,873 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,747,720 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,798,275 | USGovtObligationsEOYFMVAmt |
| Corporate Stock EOY | $5,705,185 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,360,067 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOY | $1,182,527 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,198,258 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $10,045,441 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,834,229 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,555,397 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $10,045,441 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $9,834,229 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,045,441 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,834,229 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,045,441 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,834,229 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,045,441 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$211,212 | ExcessRevenueOverExpensesAmt |
| Subtotal | $9,834,229 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $9,834,229 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (58 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| VERITIV CORP | P | 2023-06-05 | 2023-08-09 | $84,904 | $52,954 | $31,950 | $31,950 |
| SIGNET JEWELERS | P | 2023-06-05 | 2023-09-06 | $64,331 | $51,787 | $12,544 | $12,544 |
| TITAN INTL | P | 2023-06-05 | 2023-12-05 | $51,229 | $50,195 | $1,034 | $1,034 |
| MACYS | P | 2023-03-03 | 2023-06-05 | $25,532 | $39,873 | -$14,341 | -$14,341 |
| ALBERTSONS CO | P | 2023-06-05 | 2023-09-06 | $58,276 | $52,728 | $5,548 | $5,548 |
| THOR INDUSTRIES | P | 2023-06-05 | 2023-09-06 | $22,451 | $16,273 | $6,178 | $6,178 |
| UNIVERSAL INS HOLDINGS | P | 2023-06-05 | 2023-12-05 | $1,626 | $1,422 | $204 | $204 |
| MARATHON PETE | P | 2023-03-03 | 2023-06-05 | $34,283 | $41,093 | -$6,810 | -$6,810 |
| ARROW ELECTRONICS | P | 2023-06-05 | 2023-09-06 | $6,867 | $6,412 | $455 | $455 |
| ARROW ELECTRONICS | P | 2023-06-05 | 2023-12-05 | $43,415 | $43,766 | -$351 | -$351 |
| VALERO ENERGY | P | 2023-06-05 | 2023-12-05 | $47,539 | $50,013 | -$2,474 | -$2,474 |
| MCKESSON | P | 2023-03-03 | 2023-06-05 | $44,894 | $40,157 | $4,737 | $4,737 |
| AUTONATION INC | P | 2023-06-05 | 2023-09-06 | $64,652 | $54,646 | $10,006 | $10,006 |
| ASBURY AUTOMOTIVE | P | 2023-06-05 | 2023-12-05 | $44,309 | $49,399 | -$5,090 | -$5,090 |
| AVANTIS US SMALL CAP | P | 2023-06-05 | 2023-12-08 | $50,920 | $45,812 | $5,108 | $5,108 |
| PBF ENERGY | P | 2023-03-03 | 2023-06-05 | $33,037 | $41,329 | -$8,292 | -$8,292 |
| BOISE CASCADE | P | 2023-06-05 | 2023-09-06 | $82,216 | $53,316 | $28,900 | $28,900 |
| CENCORA INC | P | 2023-06-05 | 2023-12-05 | $172,171 | $137,980 | $34,191 | $34,191 |
| L3HARRIS TECHNOLOGIES | P | 2023-06-05 | 2023-12-08 | $119,195 | $123,606 | -$4,411 | -$4,411 |
| PAR PACIFIC HOLDINGS | P | 2023-03-03 | 2023-06-05 | $30,744 | $40,296 | -$9,552 | -$9,552 |
| CARDINAL HEALTH | P | 2023-06-05 | 2023-09-06 | $56,477 | $53,695 | $2,782 | $2,782 |
| CVR ENERGY | P | 2023-06-05 | 2023-12-05 | $47,933 | $39,540 | $8,393 | $8,393 |
| MASTERCARD INC | P | 2023-06-05 | 2023-12-08 | $127,218 | $109,111 | $18,107 | $18,107 |
| TITAN INTL | P | 2023-03-03 | 2023-06-05 | $32,617 | $42,200 | -$9,583 | -$9,583 |
| CVR ENERGY | P | 2023-06-05 | 2023-09-06 | $26,447 | $24,927 | $1,520 | $1,520 |
| HF SINCLAIR | P | 2023-06-05 | 2023-12-05 | $47,427 | $50,360 | -$2,933 | -$2,933 |
| SCHLUMBERGER LTD | P | 2023-06-05 | 2023-12-08 | $94,097 | $98,928 | -$4,831 | -$4,831 |
| US STEEL | P | 2023-03-03 | 2023-06-05 | $26,552 | $39,451 | -$12,899 | -$12,899 |
| GROUP 1 AUTOMOTIVE | P | 2023-06-05 | 2023-09-06 | $13,716 | $11,470 | $2,246 | $2,246 |
| JABIL INC | P | 2023-06-05 | 2023-12-05 | $48,492 | $49,459 | -$967 | -$967 |
| SOUTHERN CO | P | 2023-06-05 | 2023-12-08 | $136,184 | $133,436 | $2,748 | $2,748 |
| UWM HOLDINGS | P | 2023-03-03 | 2023-06-05 | $48,790 | $43,493 | $5,297 | $5,297 |
| KROGER | P | 2023-06-05 | 2023-09-06 | $53,751 | $50,765 | $2,986 | $2,986 |
| LITHIA MOTORS | P | 2023-06-05 | 2023-12-05 | $42,272 | $49,886 | -$7,614 | -$7,614 |
| US TREASURY 10/23 | P | 2023-05-04 | 2023-10-26 | $512,000 | $485,868 | $26,132 | $26,132 |
| VALERO ENERGY | P | 2023-03-03 | 2023-06-05 | $32,004 | $41,092 | -$9,088 | -$9,088 |
| MURPHY USA | P | 2023-06-05 | 2023-09-06 | $11,798 | $10,345 | $1,453 | $1,453 |
| MARATHON PETE | P | 2023-06-05 | 2023-12-05 | $51,345 | $50,102 | $1,243 | $1,243 |
| ASBURY AUTOMOTIVE | P | 2023-03-03 | 2023-06-05 | $36,543 | $41,146 | -$4,603 | -$4,603 |
| VALHI INC | P | 2023-03-03 | 2023-06-05 | $1,613 | $3,193 | -$1,580 | -$1,580 |
| PATRICK INDS | P | 2023-06-05 | 2023-09-06 | $68,405 | $54,450 | $13,955 | $13,955 |
| PBF ENERGY | P | 2023-06-05 | 2023-12-05 | $46,656 | $51,287 | -$4,631 | -$4,631 |
| AVNET INC | P | 2023-03-03 | 2023-06-05 | $38,785 | $40,287 | -$1,502 | -$1,502 |
| WESCO INTERNATIONAL | P | 2023-03-03 | 2023-06-05 | $32,701 | $40,671 | -$7,970 | -$7,970 |
| PENSKE AUTOMOTIVE | P | 2023-06-05 | 2023-09-06 | $14,321 | $12,417 | $1,904 | $1,904 |
| PENSKE AUTOMOTIVE | P | 2023-06-05 | 2023-12-05 | $44,295 | $42,214 | $2,081 | $2,081 |
| BUNGE LIMITED | P | 2023-03-03 | 2023-06-05 | $38,331 | $39,989 | -$1,658 | -$1,658 |
| CITIZENS FINANCIAL GROUP | P | 2023-01-09 | 2023-05-15 | $78,253 | $125,438 | -$47,185 | -$47,185 |
| PILGRIMS PRIDE CORP | P | 2023-06-05 | 2023-09-06 | $59,502 | $52,869 | $6,633 | $6,633 |
| RYDER SYSTEM INC | P | 2023-06-05 | 2023-12-05 | $52,038 | $49,798 | $2,240 | $2,240 |
| DREAM FINDERS HOME INC | P | 2023-03-03 | 2023-06-05 | $61,066 | $41,064 | $20,002 | $20,002 |
| FORTNET | P | 2023-01-09 | 2023-11-16 | $102,456 | $95,249 | $7,207 | $7,207 |
| RYERSON HOLDING CORP | P | 2023-06-05 | 2023-09-06 | $49,033 | $56,250 | -$7,217 | -$7,217 |
| SANMINA CORP | P | 2023-06-05 | 2023-12-05 | $43,814 | $46,263 | -$2,449 | -$2,449 |
| JABIL INC | P | 2023-03-03 | 2023-06-05 | $42,803 | $40,544 | $2,259 | $2,259 |
| SANMINA CORP | P | 2023-06-05 | 2023-09-06 | $6,716 | $6,277 | $439 | $439 |
| THOR INDUSTRIES | P | 2023-06-05 | 2023-12-05 | $45,793 | $36,282 | $9,511 | $9,511 |
| M/I HOMES | P | 2023-03-03 | 2023-06-05 | $49,018 | $40,400 | $8,618 | $8,618 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $110,580 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $110,580 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Ruling Letter | 2023-04-17 | RulingLetterDt |
| Investment Income Excise Tax | $4,153 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,153 | SubtotalAmt |
| Tax Based On Investment Income | $4,153 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $242 | EsPenaltyAmt |
| Tax Due | $4,395 | 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 |
| Individual With Books | LAURA STEWART | IndividualWithBooksNm |
| Phone | 8067448617 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8001 QUAKER AVENUE SUITE J | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79424 | 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 |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| CRAIG MCDONALD | ||||||||
| 8001 QUAKER AVENUE SUITE J | LUBBOCK | TX | 79424 | PRESIDENT | 000.00 | $0 | $0 | $0 |
| ANN MCDONALD | ||||||||
| 8001 QUAKER AVENUE SUITE J | LUBBOCK | TX | 79424 | VICE PRESIDE | 000.00 | $0 | $0 | $0 |
| KAREN LOUIS MCDONALD | ||||||||
| 8001 QUAKER AVENUE SUITE J | LUBBOCK | TX | 79424 | VICE PRESIDE | 000.00 | $0 | $0 | $0 |
| ERIC MCDONALD | ||||||||
| 8001 QUAKER AVENUE SUITE J | LUBBOCK | TX | 79424 | VICE PRESIDE | 000.00 | $0 | $0 | $0 |
| LAURA STEWART | ||||||||
| 8001 QUAKER AVENUE SUITE J | LUBBOCK | TX | 79424 | SECRETARY | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION'S SOLE ACTIVITY IS MAKING GRANTS TO EXEMPT ORGANIZATIONS | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,096,398 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,133,439 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,229,837 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $10,229,837 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $153,448 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,076,389 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $503,819 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $503,819 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,153 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,153 | TotalTaxAmt |
| Distributable Before Adj | $499,666 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $499,666 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $499,666 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $510,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $510,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $499,666 | DistributableAsAdjustedAmt |
| Qualifying Distributions | $510,000 | QualifyingDistributionsAmt |
| Applied To Current Year | $499,666 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $10,334 | RemainingDistriFromCorpusAmt |
| Total Corpus | $10,334 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $10,334 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $10,334 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| TEXAS TECH FOUNDATION | |||||||
| P O BOX 41081 | LUBBOCK | TX | 79409 | NONE | PAID | SUPPORT FOR JAZZ INSTRUMENTS & EQUIP | $50,000 |
| LUBBOCK ARTS ALLIANCE | |||||||
| 1500 BROADWAY | LUBBOCK | TX | 79401 | NONE | PAID | PROGRAM SUPPORT | $250,000 |
| CROSBYTON VOLUNTEER FIRE DEPARTMENT | |||||||
| 121 S AYRSHIRE AVENUE | CROSBYTON | TX | 79322 | NONE | PAID | SUPPORT FOR EQUIPMENT NEEDS | $34,000 |
| RALLS VOLUTEER FIRE DEPARTMENT | |||||||
| 912 WATTS AVENUE | RALLS | TX | 79357 | NONE | PAID | SUPPORT FOR EQUIPMENT NEEDS | $34,000 |
| LORENZO VOLUNTEER FIRE DEPARTMENT | |||||||
| 407 HARRISON AVENUE | LORENZO | TX | 79343 | NONE | PAID | SUPPORT FOR EQUIPMENT NEEDS | $32,000 |
| YOUNG LIFE | |||||||
| 3242 34TH STREET | LUBBOCK | TX | 79410 | NONE | PAID | PROGRAM SUPPORT | $100,000 |
| ROOTS HISTORICAL ARTS COUNCIL | |||||||
| 1719 AVENUE A | LUBBOCK | TX | 79401 | NONE | PAID | PROGRAM SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $510,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $154,511 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $78,808 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $110,580 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $343,899 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $343,899 | 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 | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $2,230 | Amt |
| Net Investment Income | $2,230 | NetInvestmentIncomeAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CHARLES SCHWAB FIXED INCOME | BondNm |
| EOY Book Value | $1,182,527 | EOYBookValueAmt |
| EOYFMV | $1,198,258 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CHARLES SCHWAB EQUITIES & EXC FUNDS | StockNm |
| EOY Book Value | $5,705,185 | EOYBookValueAmt |
| EOYFMV | $6,360,067 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $350 | LegalFeesAmt |
| Net Investment Income | $350 | NetInvestmentIncomeAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| INVESTMENT MANAGEMENT | $42,531 | $42,531 |
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