CLEMENTS FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CLEMENTS FOUNDATION (EIN 75-6065076)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-09-05
- IRS object ID
- 202442499349100209
- Schema version
- 2023v5.1
- 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 Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-09-05T08:56:42-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 900525804 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAVILLE CPAS AND ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 NORTH PEARL STREET SUITE 1900 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | 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 | 756065076 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLEMENTS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLEM | BusinessNameControlTxt |
| Phone | 2147200377 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 N AKARD STREET | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAULINE S NEUHOFF | PersonNm |
| Person Title | PRES & TRUSTEE | PersonTitleTxt |
| Phone | 2147200377 | PhoneNum |
| Signature | 2024-08-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KOREY D GREEN CPA | PreparerPersonNm |
| PTIN | P00418128 | PTIN |
| Phone | 2149229727 | PhoneNum |
| Preparation | 2024-08-17 | 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 | $33,508,233 | 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 | $822,378 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $822,378 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $636,802 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $636,802 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $211,800 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $184,552 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,152,010 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $184,552 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $17,328 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,661,060 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,643,732 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $53,515 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $519 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $519 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,100 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $99,748 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $99,748 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $73,098 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,473 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $28,904 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $56,400 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $430,175 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $425,002 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $748,459 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $535,842 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,530,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,530,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,278,459 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $535,842 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,530,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$617,399 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,107,890 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $240,025 | CashBOYAmt |
| Cash EOY | $257,820 | CashEOYAmt |
| Cash EOYFMV | $257,820 | CashEOYFMVAmt |
| Corporate Stock BOY | $19,825,957 | CorporateStockBOYAmt |
| Corporate Stock EOY | $19,702,390 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $29,122,156 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,839,021 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $803,089 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,338,170 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,999,474 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $367,109 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,661,269 | LandBOYAmt |
| Land EOY | $1,632,365 | LandEOYAmt |
| Land EOYFMV | $1,632,365 | LandEOYFMVAmt |
| Other Assets BOY | $157,722 | OtherAssetsBOYAmt |
| Other Assets EOY | $157,722 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $157,722 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $24,723,994 | TotalAssetsBOYAmt |
| Total Assets EOY | $22,553,386 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $33,508,233 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $52,411 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $58,233 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $52,411 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $58,233 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $24,671,583 | RetainedEarningBOYAmt |
| Retained Earning EOY | $22,495,153 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,671,583 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $22,495,153 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,723,994 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $22,553,386 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,671,583 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$617,399 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $24,054,184 | SubtotalAmt |
| Other Decreases | $1,559,031 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $22,495,153 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| US TRUST #6565 | P | $88,550 | $77,773 | $10,777 | $10,777 |
| US TRUST #6565 | P | $2,030,260 | $1,889,685 | $140,575 | $140,575 |
| CAPITAL GAINS DIVIDENDS | P | $33,200 | $33,200 | $33,200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $184,552 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,400 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $15,400 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $15,400 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $889 | EsPenaltyAmt |
| Tax Due | $16,289 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | PAULINE NEUHOFF | IndividualWithBooksNm |
| Phone | 2147200037 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 N AKARD ST | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| PAULINE S NEUHOFF | ||||||||
| 1901 N AKARD ST | DALLAS | TX | 75201 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| NANCY CLEMENTS SEAY | ||||||||
| 1901 N AKARD ST | DALLAS | TX | 75201 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| MARGARET NAPIER | ||||||||
| 1901 N AKARD ST | DALLAS | TX | 75201 | SECRETARY | 1.00 | $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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $30,033,980 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $319,770 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $30,353,750 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $30,353,750 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $455,306 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $29,898,444 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,494,922 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,494,922 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,400 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $1,240 | IncomeTaxAmt |
| Total Tax | $16,640 | TotalTaxAmt |
| Distributable Before Adj | $1,478,282 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,478,282 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,478,282 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,530,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,530,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,478,282 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $9,545,972 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $252,941 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $9,798,913 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,530,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,478,282 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $51,718 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $9,850,631 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $9,545,972 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $304,659 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $252,941 | ExcessFromYear3Amt |
| Excess From Current Year | $51,718 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PAULINE NEUHOFF | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 N AKARD ST | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2145493175 | RecipientPhoneNum |
| Form And Info And Materials | IT IS THE INTENT OF THE FOUNDATION BOARD (THE BOARD) TO RECEIVE APPLICATIONS FROM THOSE PERSONS DESIRING TO PURSUE A COURSE OF STUDY INVOLVING THE HISTORY OF THE STATE OF TEXAS, THE GREATER SOUTHWEST, AND RELATED MATTERS OF HISTORICAL VALUE. IT IS THE INTENT OF THE BOARD TO WORK CLOSELY WITH THE FACULTY WITHIN THE HISTORY DEPARTMENT OF SOUTHERN METHODIST UNIVERSITY, LOCATED IN DALLAS, TEXAS AND OTHER TEXAS UNIVERSITIES. THUS, APPLICANTS RECOMMENDED BY SUCH FACULTY WILL BE GIVEN PRIORITY BY THE BOARD. THE BOARD WOULD EXPECT FROM ANY APPLICANT CERTAIN INFORMATION, INCLUDING BUT NOT LIMITED TO: A DETAILED WRITTEN STATEMENT OUTLINING THE COURSE OF STUDY THE APPLICANT WISHES TO PURSUE; PRIOR PUBLICATIONS OF THE APPLICANT (IF ANY); GRADE REPORTS AND/OR APTITUDE SCORES; FINANCIAL NEED. AS OF DECEMBER 31, 2012, NO DESIGNATED GRANTS HAVE BEEN CONTEMPLATED OR APPROVED BY THE FOUNDATION BOARD. IN ADDITION, DURING 2012, THE FOUNDATION BOARD APPROVED NONSOLICITED CONTRIBUTIONS TO PUBLIC CHARITIES. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CLEMENTS CENTER AT UNIVERSITY OF TEXAS | ||||||
| 2304 WHITIS AVE G9900 | AUSTIN | TX | 78712 | 501(C)(3) | UNRESTRICTED USE | $100,000 |
| HIGHLAND PARK EDUCATION FOUNDATION | ||||||
| 4201 GRASSMERE LANE | DALLAS | TX | 75205 | 501(C)(3) | GENERAL FUND | $50,000 |
| SOUTHERN METHODIST UNIVERSITY | ||||||
| PO BOX 750235 | DALLAS | TX | 75275 | 501(C)(3) | GENERAL FUND | $500,000 |
| UNIVERSITY OF TEXAS AT AUSTIN | ||||||
| 110 INNER CAMPUS DRIVE | AUSTIN | TX | 78705 | 501(C)(3) | GENERAL FUND | $500,000 |
| ST PHILIPS' SCHOOL AND COMMUNITY CENTER | ||||||
| 1600 PENNSYLVANIA AVENUE | DALLAS | TX | 75215 | 501(C)(3) | GENERAL FUND | $300,000 |
| SMU TATE LECTURE SERIES | ||||||
| 6200 NORTH CENTRAL EXPRESSWAY | DALLAS | TX | 75206 | 501(C)(3) | GENERAL FUND | $75,000 |
| KLYDE WARREN PARK | ||||||
| 2012 WOODALL RODGERS FWY | DALLAS | TX | 75201 | 501(C)(3) | GENERAL FUND | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,530,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $822,378 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $211,800 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $184,552 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd |
|---|---|---|---|
| CHEASAPEAKE OPERATING LLC | 211100 | $7,116 | 15 |
| OTHER INCOME | 211100 | $7,327 | 01 |
| MISCELLANEOUS RECEIPTS - US TRUST #6565 | 211100 | $2,885 | 01 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $17,328 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,218,730 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,236,058 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING & TAX FEES | CategoryTxt |
| Amt | $6,100 | Amt |
| Net Investment Income | $6,100 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt |
|---|---|---|---|---|---|---|---|
| LAND & BLDG | 2011-01-11 | $390,012 | L | $0 | $0 | ||
| LAND & BLDG | 2012-11-28 | $400,386 | L | $0 | $0 | ||
| CAPITAL IMPROV - 2012 | 2013-01-01 | $899,616 | SL | $23,067 | $0 | $229,156 | 39.000000000000 |
| CAPITAL IMPROV - 2013 | 2013-06-30 | $12,668 | SL | $325 | $0 | $3,097 | 39.000000000000 |
| FURNITURE & FIXTURES | 2008-01-01 | $81,780 | SL | $0 | $0 | $81,780 | 7.000000000000 |
| CAPITAL IMPROV - 2014 | 2014-08-15 | $5,662 | SL | $145 | $0 | $1,220 | 39.000000000000 |
| CAPITAL IMPROV - 2015 | 2015-06-30 | $9,718 | SL | $249 | $0 | $1,868 | 39.000000000000 |
| CAPITAL IMPROV - 2016 | 2016-06-30 | $5,392 | SL | $138 | $0 | $897 | 39.000000000000 |
| CAPITAL IMPROV - 2017 | 2017-12-27 | $10,422 | SL | $267 | $0 | $1,335 | 39.000000000000 |
| CAPITAL IMPROV - 2018 | 2018-12-31 | $183,818 | SL | $4,713 | $0 | $18,852 | 39.000000000000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCKS | StockNm |
| EOY Book Value | $19,702,390 | EOYBookValueAmt |
| EOYFMV | $29,122,156 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OIL PROPERTIES | AT COST | $33,780 | $33,780 |
| US TRUST CASH | AT COST | $769,309 | $2,304,390 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| LAND & BLDG | $390,012 | $0 | $390,012 | $390,012 |
| LAND & BLDG | $400,386 | $0 | $400,386 | $400,386 |
| CAPITAL IMPROV - 2012 | $899,616 | $252,223 | $647,393 | $647,393 |
| CAPITAL IMPROV - 2013 | $12,668 | $3,422 | $9,246 | $9,246 |
| FURNITURE & FIXTURES | $81,780 | $81,780 | $0 | $0 |
| CAPITAL IMPROV - 2014 | $5,662 | $1,365 | $4,297 | $4,297 |
| CAPITAL IMPROV - 2015 | $9,718 | $2,117 | $7,601 | $7,601 |
| CAPITAL IMPROV - 2016 | $5,392 | $1,035 | $4,357 | $4,357 |
| CAPITAL IMPROV - 2017 | $10,422 | $1,602 | $8,820 | $8,820 |
| CAPITAL IMPROV - 2018 | $183,818 | $23,565 | $160,253 | $160,253 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL & PROFESSIONAL FEES | CategoryTxt |
| Legal Fees | $519 | LegalFeesAmt |
| Net Investment Income | $519 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BOOKS | $117,429 | $117,429 | $117,429 |
| PAINTING | $49,955 | $49,955 | $49,955 |
| CHSB ADVANCE | $60,000 | $60,000 | $60,000 |
| DIVIDENDS RECEIVABLES | -$70,560 | -$70,560 | -$70,560 |
| OIL AND GAS RECEIVABLE | $898 | $898 | $898 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS & LOSSES | Desc |
| Amt | $1,559,031 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PRODUCTION COSTS | $5,173 | $0 | $0 |
| CONTRACT LABOR | $11,180 | $11,180 | $0 |
| INSURANCE | $15,687 | $15,687 | $0 |
| OFFICE EXPENSE | $10,887 | $10,887 | $0 |
| ASSET MANAGEMENT FEES | $66,375 | $66,375 | $0 |
| REPAIRS & MAINTENANCE | $153,641 | $153,641 | $0 |
| JANITORIAL | $25,029 | $25,029 | $0 |
| SECURITY | $429 | $429 | $0 |
| UTILITIES | $84,218 | $84,218 | $0 |
| PARKING | $51,625 | $51,625 | $0 |
| TENANT RELATIONS | $3,665 | $3,665 | $0 |
| LEASING | $2,266 | $2,266 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| CHEASAPEAKE OPERATING LLC | $7,116 | $7,116 |
| OTHER INCOME | $7,327 | $7,327 |
| MISCELLANEOUS RECEIPTS - US TRUST #6565 | $2,885 | $2,885 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNEARNED REVENUE | Desc |
| BOY Book Value | $52,411 | BOYBookValueAmt |
| EOY Book Value | $58,233 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ASSET MANAGEMENT FEES | CategoryTxt |
| Amt | $99,748 | Amt |
| Net Investment Income | $99,748 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES WITHHELD | $4,473 | $4,473 | $0 |
| PAYROLL TAXES | $3,999 | $0 | $0 |
| PROPERTY TAXES | $53,045 | $0 | $0 |
| 2022 TAX PAYMENT | $11,581 | $0 | $0 |
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