JOHN AND PATRICIA ADAMS FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- JOHN AND PATRICIA ADAMS FOUNDATION (EIN 20-4480039)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-28
- IRS object ID
- 202403029349100425
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-28T11:32:51-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 751486711 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PSK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3001 MEDLIN DR STE 100 | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76015 | 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 | 204480039 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOHN AND PATRICIA ADAMS | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 8175457281 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 N WHITE CHAPEL BLVD ST 130 | AddressLine1Txt |
| City | SOUTHLAKE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN ADAMS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8175457281 | PhoneNum |
| Signature | 2024-10-08 | SignatureDt |
| 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 | KATHY HOWLETT | PreparerPersonNm |
| PTIN | P00943345 | PTIN |
| Phone | 8176643000 | PhoneNum |
| Preparation | 2024-10-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,914,287 | 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 | $29,726 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $29,726 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $29,726 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $139,863 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $139,863 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $139,863 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $70,498 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,302,956 | GrossSalesPriceAmt |
| Total Rev And Expnss | $240,087 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $169,589 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $169,589 | TotalAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $10,083 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,710 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $323 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $6,050 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $855 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $428 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $427 | TaxesAdjNetIncmAmt |
| Occupancy Rev And Expnss | $11,177 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $4,113 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $358 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $6,706 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $62,696 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $31,348 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $31,348 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $84,811 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $39,599 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $32,456 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $12,756 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $360,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $360,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $444,811 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $39,599 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $32,456 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $372,756 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$204,724 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $129,990 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $137,133 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $241,792 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $167,665 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $167,665 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $7,781 | AcctRcvblAmt |
| Acct Rcvbl BOY | $5,395 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $7,781 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $7,781 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $177 | PrepaidExpensesBOYAmt |
| Corporate Stock BOY | $6,440,448 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,305,962 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,738,841 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $27,475 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $27,475 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $6,687,812 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,481,408 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,914,287 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $127 | AccountsPayableEOYAmt |
| Total Liabilities EOY | $127 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $6,687,812 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,481,281 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,687,812 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,481,281 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,687,812 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,481,408 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,687,812 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$204,724 | ExcessRevenueOverExpensesAmt |
| Subtotal | $6,483,088 | SubtotalAmt |
| Other Decreases | $1,807 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,481,281 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,807 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,807 | SubtotalAmt |
| Tax Based On Investment Income | $1,807 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,680 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $607 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $2,287 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $480 | OverpaymentAmt |
| Applied To ES Tax | $480 | 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 | 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 | WAYNE WARD | IndividualWithBooksNm |
| Phone | 8175457281 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2350 AIRPORT FREEWAY SUITE 160 | AddressLine1Txt |
| City | BEDFORD | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76022 | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| JOHN ADAMS | ||||||||
| 2350 AIRPORT FREEWAY STE 160 | BEDFORD | TX | 76022 | PRESIDENT | 000.00 | $0 | $0 | $0 |
| PATRICIA ADAMS | ||||||||
| 2350 AIRPORT FREEWAY STE 160 | BEDFORD | TX | 76022 | SECRETARY | 000.00 | $0 | $0 | $0 |
| JOHN ADAMS JR | ||||||||
| 2350 AIRPORT FREEWAY STE 160 | BEDFORD | TX | 76022 | FORMER VP | 000.00 | $0 | $0 | $0 |
| LARY SNODGRASS | ||||||||
| 2350 AIRPORT FREEWAY STE 160 | BEDFORD | TX | 76022 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| SAM P BURFORD JR | ||||||||
| 2350 AIRPORT FREEWAY STE 160 | BEDFORD | TX | 76022 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| SHERRI ADAMS | ||||||||
| 2350 AIRPORT FREEWAY STE 160 | BEDFORD | TX | 76022 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| AMANDA BROWN | ||||||||
| 2350 AIRPORT FREEWAY STE 160 | BEDFORD | TX | 76022 | TRUSTEE | 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 MISSION OF THE JOHN AND PATRICIA ADAMS FOUNDATION IS TO PROVIDE FUNDING ON A PERPETUAL BASIS TO DESERVING ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS OR EDUCATIONAL PURPOSES, WITH EMPHASIS ON EDUCATION, WITHIN THE MEANING OF SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. | Description1Txt |
| Expenses1 | $372,756 | Expenses1Amt |
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 | $6,447,626 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $212,331 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,659,957 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $6,659,957 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $99,899 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,560,058 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $328,003 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $328,003 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,807 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,807 | TotalTaxAmt |
| Distributable Before Adj | $326,196 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $326,196 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $326,196 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $372,756 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $372,756 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $326,196 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $87,317 | UndistributedIncomePYAmt |
| Qualifying Distributions | $372,756 | QualifyingDistributionsAmt |
| Applied To Year1 | $87,317 | AppliedToYear1Amt |
| Applied To Current Year | $285,439 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $40,757 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| HEIDELBERG COLLEGE | |||||||
| 310 E MARKET ST | TIFFIN | OH | 44883 | NONE | 501(C)3 | PATRICIA ADAM LECTURE SERIES | $100,000 |
| RANGER ACADEMIC ENRICHMENT FDT | |||||||
| PO BOX 179 | PERRYTON | TX | 79070 | NONE | 501(C)3 | EDUCATIONAL PROGRAMS | $50,000 |
| HAPPY HILL FARM | |||||||
| 386 NORTH HIGHWAY 144 | GRANBURY | TX | 76048 | NONE | 501(C)3 | EDUCATIONAL PROGRAMS | $60,000 |
| SEEDS OF LEARNING | |||||||
| PO BOX 5831 | PAGOSA SPRINGS | CO | 81147 | NONE | 501(C)3 | ENDOWMENT FUND | $50,000 |
| UNIVERSITY OF NORTH CAROLINA | |||||||
| PO BOX 309 | CHAPEL HILL | NC | 27514 | NONE | 501(C)3 | EDUCATION PROGRAMS | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $360,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $29,726 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $139,863 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $70,498 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $169,589 | ExclusionAmt |
| Related Or Exempt Function Incm | $70,498 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $240,087 | 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 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|
| SECURITY SALES | PURCHASE | $2,238,317 | $2,232,458 | $5,859 |
| SECURITY SALES | PURCHASE | $64,639 | $64,639 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MUTUAL FUNDS - MERRILL LYNCH | StockNm |
| EOY Book Value | $6,305,962 | EOYBookValueAmt |
| EOYFMV | $6,738,841 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ACCUMULATED DEPRECIATION | CategoryOrItemTxt |
| Cost Or Other Basis | $27,475 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $27,475 | AccumulatedDepreciationAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX EXPENSE | Desc |
| Amt | $1,807 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| INVESTMENT MANAGEMENT FEES | $62,696 | $31,348 | $31,348 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ACCOUNTING | $1,650 | $607 | $53 | $990 |
| CONSULTING | $8,433 | $3,103 | $270 | $5,060 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $855 | Amt |
| Net Investment Income | $428 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $427 | AdjustedNetIncomeAmt |
Comments