THE@SARAH AND ROSS PEROT JR FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE@SARAH AND ROSS PEROT JR FOUNDATION (EIN 43-1964344)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-11
- IRS object ID
- 202403169349102075
- 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
- Schedule B
- General Explanation Attachment
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-11T21:24:58-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 800168836 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Petrus Trust Company LTA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 Turtle Creek Blvd | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75219 | 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 | 431964344 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Sarah and Ross Perot Jr Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SARA | BusinessNameControlTxt |
| Phone | 9725351900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 Turtle Creek Blvd | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75219 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | J Y Robb III | PersonNm |
| Person Title | Asst. Secretary | PersonTitleTxt |
| Phone | 9725351900 | PhoneNum |
| Signature | 2024-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lauren A Berryman | PreparerPersonNm |
| PTIN | P01534750 | PTIN |
| Phone | 9725351900 | PhoneNum |
| Preparation | 2024-11-11 | 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $20,252,444 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $18,802,387 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $270 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $270 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,424,605 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,424,605 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,223 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $6,223 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$28,201 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$56,160 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $20,205,284 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,374,938 | 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 |
| Taxes Rev And Expnss | $151 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $151 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $128,477 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $10,069 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $128,628 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,220 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $24,166,250 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $24,166,250 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $24,294,878 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,220 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $24,166,250 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$4,089,594 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,364,718 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $154,572 | CashBOYAmt |
| Cash EOY | $117,506 | CashEOYAmt |
| Cash EOYFMV | $117,506 | CashEOYFMVAmt |
| Acct Rcvbl | $6,000 | AcctRcvblAmt |
| Acct Rcvbl EOY | $6,000 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $6,000 | AcctRcvblEOYFMVAmt |
| Other Investments BOY | $18,889,080 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $14,837,552 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $20,128,938 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $19,043,652 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,961,058 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,252,444 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | 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 | $19,043,652 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,961,058 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $19,043,652 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,961,058 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $19,043,652 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,961,058 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $19,043,652 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$4,089,594 | ExcessRevenueOverExpensesAmt |
| Other Increases | $7,000 | OtherIncreasesAmt |
| Subtotal | $14,961,058 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $14,961,058 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PSTF K1 STCG | P | 2023-01-01 | 2023-12-31 | -$636 | -$636 |
| PSTF K1 LTCG | P | 2023-01-01 | 2023-12-31 | $904 | $904 |
| PVNT K1 STCG | P | 2023-01-01 | 2023-12-31 | $208 | $208 |
| PEPI K1 LTCG | P | 2023-01-01 | 2023-12-31 | $5,222 | $5,222 |
| PHC K1 STCG | P | 2023-01-01 | 2023-12-31 | -$16 | -$16 |
| PHC K1 LTCG | P | 2023-01-01 | 2023-12-31 | $23 | $23 |
| PVNT K1 LTCG | P | 2023-01-01 | 2023-12-31 | -$2,446 | -$2,446 |
| PEPI K1 STCG | P | 2023-01-01 | 2023-12-31 | $2,964 | $2,964 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,223 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $18,970 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $18,970 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $18,970 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,282 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $16,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $21,282 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,312 | OverpaymentAmt |
| Applied To ES Tax | $2,312 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | JY Robb III | IndividualWithBooksNm |
| Phone | 9725351930 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 Turtle Creek Blvd | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75219 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | Yes (1) | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | Yes (1) | 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 |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| Henry Ross Perot Jr | ||||||||
| 3000 Turtle Creek Blvd | Dallas | TX | 75219 | Trustee, Vice President/Tr | 0.00 | $0 | $0 | $0 |
| Sarah F Perot | ||||||||
| 2929 Carlisle Street Suite 370 | Dallas | TX | 75204 | Trustee, President/Sec. | 20.00 | $0 | $0 | $0 |
| Darcy Glen Anderson | ||||||||
| 3000 Turtle Creek Blvd | Dallas | TX | 75219 | Trustee | 0.00 | $0 | $0 | $0 |
| J Y Robb III | ||||||||
| 3000 Turtle Creek Blvd | Dallas | TX | 75219 | Trustee, Asst. Secretary | 0.00 | $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 makes grants to other organizations to assist them in conducting their direct charitable activities. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $21,668,177 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $101,613 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $21,769,790 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $21,769,790 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $326,547 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $21,443,243 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,072,162 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,072,162 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $18,970 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $18,970 | TotalTaxAmt |
| Distributable Before Adj | $1,053,192 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,053,192 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,053,192 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $24,166,250 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $24,166,250 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,053,192 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,821,997 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $4,210,553 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $883,927 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $9,013,333 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $16,929,810 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $24,166,250 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,053,192 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $23,113,058 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $40,042,868 | 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 | $2,821,997 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $37,220,871 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,210,553 | ExcessFromYear4Amt |
| Excess From Year3 | $883,927 | ExcessFromYear3Amt |
| Excess From Year1 | $9,013,333 | ExcessFromYear1Amt |
| Excess From Current Year | $23,113,058 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Henry Ross Perot Jr | ContributingManagerNm |
| Contributing Manager | Sarah F Perot | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Kristen Garcia | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2929 Carlisle Street Suite 370 | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2145282225 | RecipientPhoneNum |
| Form And Info And Materials | Please contact the named person above for details | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | Please contact the named person above for details | SubmissionDeadlinesTxt |
| Restrictions On Awards | Please contact the named person above for details | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (50 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Alpha USA | ||||||||
| PO Box 7491 | Carol Stream | IL | 601977491 | NONE | Public Charity | Religious Support | $150,000 | |
| American Friends of Lubavitch (Chabad) | ||||||||
| 2110 Leory Pl NW | Washington DC | DC | 20008 | NONE | Public Charity | Humanitarian | $15,000 | |
| AT&T Performing Arts Center | ||||||||
| 700 N Pearl St Ste N1800 | Dallas | TX | 75201 | NONE | Public Charity | Support of the Arts | $25,000 | |
| Bara Church | ||||||||
| 301 Trophy Lake Dr Unit 136 | Trophy Club | TX | 76262 | NONE | Public Charity | Religious Support | $20,000 | |
| Communities Foundation of Texas | ||||||||
| 5500 Caruth Haven Lane | Dallas | TX | 752258146 | NONE | Public Charity | Humanitarian | $5,000,000 | |
| Conservation Force | ||||||||
| 3240 S I-10 Service Road W Ste 200 | Metairie | LA | 700016911 | NONE | Public Charity | Support of Nature and Animal Rights | $25,000 | |
| Dallas Symphony Orchestra | ||||||||
| 2301 Flora St | Dallas | TX | 75201 | NONE | Public Charity | Support of the Arts | $50,000 | |
| Denison Ministries | ||||||||
| 17304 Preston Rd 1060 | Dallas | TX | 75252 | NONE | Public Charity | Religious Support | $100,000 | |
| Derrick James Family Foundation | ||||||||
| PO Box 3938 | Cedar Hill | TX | 75106 | NONE | Public Charity | Humanitarian | $100,000 | |
| Family Gateway | ||||||||
| 1421 W Mockingbird Ln Suite C | Dallas | TX | 75247 | NONE | Public Charity | Humanitarian | $10,000 | |
| Fellowship of Fathers Foundation | ||||||||
| PO Box 12621 | Dallas | TX | 75225 | NONE | Public Charity | Humanitarian | $25,000 | |
| Foster's Outriders Foundation | ||||||||
| 115 E Snow King Ave | Jackson | WY | 83001 | NONE | Public Charity | Humanitarian | $15,000 | |
| Highland Park Presbyterian Church | ||||||||
| 3821 University Blvd | Dallas | TX | 752071710 | NONE | Public Charity | Religious Support | $12,500 | |
| Highland Park Presbyterian Church | ||||||||
| 3821 University Blvd | Dallas | TX | 752071710 | NONE | Public Charity | Religious Support | $12,500 | |
| Highland Park Presbyterian Church | ||||||||
| 3821 University Blvd | Dallas | TX | 752071710 | NONE | Public Charity | Religious Support | $12,500 | |
| Highland Park Presbyterian Church | ||||||||
| 3821 University Blvd | Dallas | TX | 752071710 | NONE | Public Charity | Religious Support | $100,000 | |
| Highland Park Presbyterian Church | ||||||||
| 3821 University Blvd | Dallas | TX | 752071710 | NONE | Public Charity | Religious Support | $12,500 | |
| Highland Park Presbyterian Church | ||||||||
| 3821 University Blvd | Dallas | TX | 752071710 | NONE | Public Charity | Religious Support | $100,000 | |
| Highland Park Presbyterian Church | ||||||||
| 3821 University Blvd | Dallas | TX | 752071710 | NONE | Public Charity | Religious Support | $100,000 | |
| Marine Corps Scholarship Foundation | ||||||||
| 909 N Washington St Suite 400 | Alexandria | VA | 22314 | NONE | Public Charity | Educational Support | $100,000 | |
| Mayo Clinic | ||||||||
| 200 First St SW | Rochester | MN | 55905 | NONE | Public Charity | Humanitarian | $675,000 | |
| National Air and Space Museum | ||||||||
| 6th St and Independence Ave SW | Washington DC | DC | 20560 | NONE | Public Charity | Support of the Arts | $5,000 | |
| National Medal of Honor Museum Foundation | ||||||||
| 1717 E Randol Mill Rd | Arlington | TX | 76011 | NONE | Public Charity | Veteran Support | $1,000,000 | |
| National Mounted Warfare Foundation | ||||||||
| 207 S 3rd St 100 | Copperas Cove | TX | 76522 | NONE | Public Charity | Veteran Support | $200,000 | |
| No One Left Behind | ||||||||
| PO Box 3641 | Merrifield | VA | 22116 | NONE | Public Charity | Humanitarian | $5,000 | |
| North Dallas Shared Ministries | ||||||||
| 2875 Merrell Road | Dallas | TX | 75229 | NONE | Public Charity | Religious Support | $500,000 | |
| Parks for Downtown Dallas | ||||||||
| 901 Main St Ste 609 | Dallas | TX | 75202 | NONE | Public Charity | Support of Public Parks | $1,000,000 | |
| Perot Museum of Nature and Science | ||||||||
| 2201 N Field St | Dallas | TX | 75201 | NONE | Public Charity | Educational Support | $19,000 | |
| Project Unity | ||||||||
| PO Box 224486 | Dallas | TX | 75222 | NONE | Public Charity | Humanitarian | $2,500 | |
| SMU Office of Alumni Relations | ||||||||
| PO Box 750402 | Dallas | TX | 752750402 | NONE | Public Charity | Educational Support | $1,000,000 | |
| Sportsmen's Alliance Foundation | ||||||||
| 801 Kingsmill Parkway | Columbus | OH | 43229 | NONE | Public Charity | Support of Nature and Animal Rights | $100,000 | |
| St Mark's School of Texas | ||||||||
| 10600 Preston Rd | Dallas | TX | 752304047 | NONE | Public Charity | Educational Support | $25,000 | |
| St Mark's School of Texas | ||||||||
| 10600 Preston Rd | Dallas | TX | 752304047 | NONE | Public Charity | Educational Support | $2,000,000 | |
| TACA | ||||||||
| One Arts Plaza 1722 Routh St Ste | Dallas | TX | 75201 | NONE | Public Charity | Support of the Arts | $5,000 | 800 |
| Texas A&M Foundation | ||||||||
| 401 George Bush Drive | College Station | TX | 778402811 | NONE | Public Charity | Educational Support | $1,040,000 | |
| Texas Scottish Rite Hospital for Children | ||||||||
| 2222 Welborn Street | Dallas | TX | 75219 | NONE | Public Charity | Humanitarian | $15,000 | |
| The Alliance for Choice in Education | ||||||||
| 5251 DTC Parkway Suite 1150 | Greenwood Village | CO | 80111 | NONE | Public Charity | Educational Support | $200,000 | |
| The Dallas Opera | ||||||||
| 2403 Flora Street Suite 500 | Dallas | TX | 75201 | NONE | Public Charity | Support of the Arts | $2,820 | |
| The Garden Conservancy | ||||||||
| PO Box 608 | Garrison | NY | 10524 | NONE | Public Charity | Support of Nature and Animal Rights | $500 | |
| The Lone Star Flight Museum | ||||||||
| 11551 Aerospace Avenue | Houston | TX | 77034 | NONE | Public Charity | Support of the Arts | $5,000 | |
| The National Boy Scouts of America Foundation | ||||||||
| PO Box 152079 | Irving | TX | 75015 | NONE | Public Charity | Humanitarian | $2,000,000 | |
| The Portrait Society of America | ||||||||
| PO Box 11272 | Tallahassee | FL | 32302 | NONE | Public Charity | Support of the Arts | $24,730 | |
| The Ronald Reagan Presidential Foundation and Institute | ||||||||
| 850 16th St NW | Washington DC | DC | 20006 | NONE | Public Charity | Humanitarian | $25,000 | |
| The Salvation Army of North Texas | ||||||||
| PO Box 36006 | Dallas | TX | 75235 | NONE | Public Charity | Humanitarian | $99,200 | |
| The Salvation Army of North Texas | ||||||||
| PO Box 36006 | Dallas | TX | 75235 | NONE | Public Charity | Humanitarian | $2,000,000 | |
| The West Point Association of Graduates | ||||||||
| 698 Mills Road | West Point | NY | 10996 | NONE | Public Charity | Educational Support | $1,000,000 | |
| Touchdown Club of Dallas | ||||||||
| 6000 Preston Road | Dallas | TX | 75205 | NONE | Public Charity | Educational Support | $7,500 | |
| UDT-SEAL Museum Association | ||||||||
| 3300 N Highway A1A | Fort Pierce | FL | 349498520 | NONE | Public Charity | Veteran Support | $200,000 | |
| United Way of Metropolitan Dallas | ||||||||
| 1800 N Lamar | Dallas | TX | 75202 | NONE | Public Charity | Humanitarian | $25,000 | |
| UT Southwestern Medical Center | ||||||||
| 5323 Harry Hines Blvd | Dallas | TX | 753909002 | NONE | Public Charity | Support of Medical Field | $5,000,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $24,166,250 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $270 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,424,605 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $36,694 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,223 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| Other Income - Petrus Venture Fund | 14 | -$41,770 |
| Other Income - PEPI Capital | 14 | -$23,125 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,402,897 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,402,897 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| Henry Ross Perot Jr | ||||||
| 1 | 3000 Turtle Creek Blvd | Dallas | TX | 75219 | $18,646,907 | Yes (X) |
| SFP Inc | ||||||
| 2 | 5500 Preston Road Ste 365 | Dallas | TX | 75205 | $8,573 | Yes (X) |
| Sarah F Perot | ||||||
| 3 | 5500 Preston Road Ste 365 | Dallas | TX | 75205 | $146,907 | Yes (X) |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplementary Information Attachment | IdentifierTxt |
| Form And Line Reference | Part XIV | FormAndLineReferenceDesc |
| Medium Explanation | A grant in the amount of $100,000 was paid to Sportsmen's Alliance Foundation ("Grantee") on December 29, 2023. After the payment was processed, The Sarah and Ross Perot, Jr. Foundation ("The Foundation") was made aware that a security breach had occurred in the grantee's system, which was not disclosed to the Foundation prior to the grant date. As a result of the breach, the Foundation's grant payment was intercepted by fraudulent actors and did not reach the grantee as intended. Upon discovery of the security breach, the Foundation took all available measures to recall the funds but was unfortunately unsuccessful. Further, no subsequent grant was made to the grantee. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Investment in Petrus Short Term Fund LP | AT COST | $8,639,870 | $8,698,957 |
| Investment in Petrus Holding Company, LLC | AT COST | $400,964 | $7 |
| Investment in PEPI Capital, LP | AT COST | $3,360,668 | $3,382,198 |
| Investment in Petrus Venture Funds, LP | AT COST | $1,979,300 | $2,011,950 |
| Investment in HWGAA, LP | AT COST | $227,293 | $5,807,508 |
| Investment in Petrus QOF I, LP | AT COST | $229,457 | $228,318 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Petrus Venture Fund LP | $9,705 | $9,705 | $0 |
| PEPI Capital LP | $364 | $364 | $0 |
| Office Expense | $1,485 | $0 | $0 |
| Rent Expense | $7,089 | $0 | $0 |
| Nondeductible Expenses | $109,834 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Tax Exempt Income | $27,609 | $0 | $27,609 |
| PDIV Incentive Allocation Clawback | $8,735 | $8,735 | $8,735 |
| Federal Income Tax Refund | $350 | $0 | $0 |
| Other Income - Petrus Venture Fund | -$41,770 | -$41,770 | -$41,770 |
| Other Income - PEPI Capital | -$23,125 | -$23,125 | -$23,125 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Book Tax Difference | Desc |
| Amt | $7,000 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign Tax-Petrus Venture Fund LP | CategoryTxt |
| Amt | $151 | Amt |
| Net Investment Income | $151 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments