THE PAULOS FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE PAULOS FOUNDATION (EIN 75-2353196)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202403199349104670
- 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 Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T15:25:54-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 750786316 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEAVER AND TIDWELL LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2300 N FIELD ST STE 1000 | 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 | 752353196 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PAULOS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PAUL | BusinessNameControlTxt |
| Phone | 2146926122 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6708 ASHBROOK DRIVE | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76132 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EVAN MEAD-BREWER | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 2146926122 | PhoneNum |
| Signature | 2024-11-14 | 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 | JUSTIN W REEVES | PreparerPersonNm |
| PTIN | P01248048 | PTIN |
| Phone | 9724901970 | PhoneNum |
| 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 | $2,330,428 | 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 | $47 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $47 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $39,256 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $39,256 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $297,511 | GrossRentsRevAndExpnssAmt |
| Net Rental Income Or Loss | -$190,945 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $119,955 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $429,553 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $119,955 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $759 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $759 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $457,528 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $160,017 | 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 |
| Legal Fees Rev And Expnss | $2,251 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,251 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,120 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,060 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,060 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $9,533 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,533 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $68,947 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $419,509 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $419,509 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $504,360 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,593 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $423,820 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $307,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $307,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $811,360 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,593 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $730,820 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$353,832 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $156,424 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $369,841 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $391,862 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $391,862 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $9,141 | AcctRcvblAmt |
| Acct Rcvbl BOY | $9,864 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $9,141 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $9,141 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $106 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $106 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $106 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $804,520 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $498,337 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $709,844 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,658,704 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $429,481 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,298,170 | LandBOYAmt |
| Land EOY | $1,229,223 | LandEOYAmt |
| Land EOYFMV | $1,229,223 | LandEOYFMVAmt |
| Other Assets BOY | -$9,748 | OtherAssetsBOYAmt |
| Other Assets EOY | -$9,748 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | -$9,748 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,472,753 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,118,921 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,330,428 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $238 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $238 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $2,679 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,679 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,917 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,917 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $615,280 | CapitalStockBOYAmt |
| Capital Stock EOY | $615,280 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $1,854,556 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,500,724 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,469,836 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,116,004 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,472,753 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,118,921 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,469,836 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$353,832 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,116,004 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,116,004 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | VANGUARD #9646 | PropertyDesc |
| Gross Sales Price | $429,553 | GrossSalesPriceAmt |
| Cost Or Other Basis | $309,598 | CostOrOtherBasisAmt |
| Gain Or Loss | $119,955 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $119,955 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $119,955 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,174 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,174 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,174 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,362 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $179 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $7,541 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $5,367 | OverpaymentAmt |
| Applied To ES Tax | $5,367 | 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 | MR EVAN MEAD-BREWER | IndividualWithBooksNm |
| Phone | 8179464939 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6708 ASHBROOK DRIVE | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76132 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| JOHN J PAULOS | ||||||||
| 6309 W COURTYARD DR | AUSTIN | TX | 78730 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| EVAN MEAD-BREWER | ||||||||
| 906 S ELWOOD AVE | BALTIMORE | MD | 21224 | CHAIRMAN, PRES | 0.00 | $0 | $0 | $0 |
| SAM G PAULOS | ||||||||
| 6433 NORWAY RD | DALLAS | TX | 75230 | DIRECTOR | 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 | OPERATION OF PALM TREE APARTMENTS | Description1Txt |
| Expenses1 | $419,509 | 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 | $879,864 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $242,459 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,639 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,126,962 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,126,962 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $16,904 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,110,058 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $55,503 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $55,503 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,174 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,174 | TotalTaxAmt |
| Distributable Before Adj | $53,329 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $53,329 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $53,329 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $730,820 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $730,820 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $53,329 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $876,683 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $832,967 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,069,966 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $621,811 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,893,893 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,295,320 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $730,820 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $53,329 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $677,491 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,972,811 | 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 | $876,683 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,096,128 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $832,967 | ExcessFromYear4Amt |
| Excess From Year3 | $1,069,966 | ExcessFromYear3Amt |
| Excess From Year2 | $621,811 | ExcessFromYear2Amt |
| Excess From Year1 | $1,893,893 | ExcessFromYear1Amt |
| Excess From Current Year | $677,491 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 29 ACRES | |||||||
| 4516 LOVERS LANE | DALLAS | TX | 75225 | NONE | PC | WELFARE | $25,000 |
| ANY BABY CAN | |||||||
| 6207 SHERIDAN AVE | AUSTIN | TX | 78723 | NONE | PC | EDUCATION | $20,000 |
| AUSTIN SPEECH LABS | |||||||
| 7800 SHOAL CREEK BLVD SUITE 136-S | AUSTIN | TX | 78757 | NONE | PC | HEALTH | $5,000 |
| CENTER FOR TRANSFORMING LIVES | |||||||
| 512 W 4TH ST | FORT WORTH | TX | 76102 | NONE | PC | WELFARE | $35,000 |
| CHORUS AUSTIN | |||||||
| 901 W BRAKER LANE 124 | AUSTIN | TX | 78758 | NONE | PC | ARTS | $12,500 |
| DRC SOLUTIONS | |||||||
| PO BOX 0871 | FORT WORTH | TX | 76101 | NONE | PC | WELFARE | $40,000 |
| EVERY TEXAS | |||||||
| 7020 EASY WIND DR STE 200 | AUSTIN | TX | 78752 | NONE | PC | WELFARE | $25,000 |
| FOUNDATION FOR THE HOMELESS | |||||||
| 6719 N LAMAR BLVD SUITE D | AUSTIN | TX | 78752 | NONE | PC | WELFARE | $2,000 |
| HELPING RESTORE ABILITY | |||||||
| 4300 BELTWAY PLACE 130 | ARLINGTON | TX | 76018 | NONE | PC | WELFARE | $20,000 |
| HOLY TRINITY GREEK ORTHODOX CHURCH | |||||||
| 13555 HILLCREST ROAD | DALLAS | TX | 75240 | NONE | PC | CHURCH | $7,500 |
| PROJECT HOPE | |||||||
| PO BOX 96340 | WASHINGTON | DC | 20090 | NONE | PC | WELFARE | $5,000 |
| RECOVERY RESOURCE COUNCIL ON DRUG AND ALCOHOL | |||||||
| 2700 AIRPORT FREEWAY | FORT WORTH | TX | 76111 | NONE | PC | WELFARE | $40,000 |
| WESTLAKE UNITED METHODIST CHURCH | |||||||
| 1460 REDBUD TRL | AUSTIN | TX | 78746 | NONE | PC | CHURCH | $30,000 |
| MENTAL HEALTH PEER SERVICES | |||||||
| 5709 WEDGWORTH DRIVE | FORT WORTH | TX | 76133 | NONE | PC | WELFARE | $5,000 |
| PATHWAYS TO HOUSING DC | |||||||
| 1151 BLADENSBURG RD NE | WASHINGTON | DC | 20002 | NONE | PC | WELFARE | $15,000 |
| DCAC (ART FOR ADVOCACY) | |||||||
| 5351 SAMUELL BLVD | DALLAS | TX | 75228 | NONE | PC | WELFARE | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $307,000 | 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 | $47 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $39,256 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 17 | ExclusionCd |
| Exclusion | -$190,945 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $759 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $119,955 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$30,928 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$30,928 | 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 FEES | CategoryTxt |
| Amt | $4,120 | Amt |
| Net Investment Income | $2,060 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,060 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (15 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| BUILDING - PALM TREE APARTMENTS | 2015-08-21 | $1,364,617 | $322,543 | SL | 27.500000000000 | $49,622 | $0 |
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2017-12-15 | $7,500 | $2,542 | SL | 15.000000000000 | $500 | $500 |
| LAND - VACANT LOT FOR COMMUNITY GARDEN | 2017-02-01 | $11,729 | L | $0 | $0 | ||
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2020-02-29 | $3,281 | $620 | SL | 15.000000000000 | $219 | $0 |
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2020-04-06 | $66,000 | $12,100 | SL | 15.000000000000 | $4,400 | $0 |
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2020-05-05 | $1,075 | $192 | SL | 15.000000000000 | $72 | $0 |
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2020-09-30 | $40,000 | $6,001 | SL | 15.000000000000 | $2,667 | $0 |
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2020-10-27 | $30,000 | $4,333 | SL | 15.000000000000 | $2,000 | $0 |
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2021-01-06 | $25,000 | $3,334 | SL | 15.000000000000 | $1,667 | $0 |
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2021-02-07 | $20,000 | $2,555 | SL | 15.000000000000 | $1,333 | $0 |
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2021-03-08 | $20,000 | $2,444 | SL | 15.000000000000 | $1,333 | $0 |
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2021-04-29 | $6,700 | $745 | SL | 15.000000000000 | $447 | $0 |
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2021-06-10 | $9,250 | $977 | SL | 15.000000000000 | $617 | $0 |
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2021-06-22 | $1,700 | $170 | SL | 15.000000000000 | $113 | $0 |
| LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS | 2022-07-01 | $59,351 | $1,978 | SL | 15.000000000000 | $3,957 | $3,957 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ISHARES MSCI EMERGING MARKETS ETF | AT COST | $248,425 | $281,470 |
| ISHARES RUSSELL 1000 VALUE ETF | AT COST | $47,536 | $115,675 |
| ISHARES RUSSELL 2000 VALUE ETF | AT COST | $122,531 | $232,995 |
| VANGUARD ULTRA ST BOND ADM | AT COST | $79,845 | $79,704 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $2,251 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,251 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PF RESIDENTIAL PROPERTY INSURANCE ESCROW | -$1,540 | -$1,540 | -$1,540 |
| PF RESIDENTIAL TAX ESCROW | -$6,103 | -$6,103 | -$6,103 |
| PF RESIDENTIAL TOTALENERGIES E&P BARNETT USA | -$25 | -$25 | -$25 |
| PF RESIDENTIAL UTILITY DEPOSITS | -$2,080 | -$2,080 | -$2,080 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES RELATED TO OPERATION OF PALM TREE APTS | $0 | $0 | $419,509 |
| EXPENSES RELATED TO OPERATION OF PALM TREE APARTMENTS | $419,509 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROYALTIES | Desc |
| Revenue And Expenses Per Books | $759 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $759 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $759 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| SECURITY DEPOSITS | -$100 | -$100 |
| PF RESIDENTIAL OPENING DEPOSIT | $2,779 | $2,779 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN DIVIDEND TAXES | $1,318 | $1,318 | $0 |
| SEVERANCE TAXES | $215 | $215 | $0 |
| EXCISE TAXES | $8,000 | $0 | $0 |
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