KERSHAW FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- KERSHAW FOUNDATION (EIN 46-3322246)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-01
- IRS object ID
- 202413069349101226
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-01T15:39:54-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN B ESCH | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 306 W SEVENTH STREET SUITE 642 | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | 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 | 463322246 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KERSHAW FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KERS | BusinessNameControlTxt |
| Phone | 2145078844 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5949 SHERRY LANE | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75225 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JIM MELSON | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 2145078844 | PhoneNum |
| Signature | 2024-11-01 | 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 | JOHN B ESCH | PreparerPersonNm |
| PTIN | P01327096 | PTIN |
| Phone | 8178829325 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $45,151,092 | 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 | $707,556 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $797,470 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $797,470 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$125,738 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,249,347 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,379,288 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $797,470 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $137,400 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $79,200 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $58,200 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $6,733 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $5,386 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $1,347 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $15,286 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $8,135 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $7,151 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,660 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $830 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $830 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,575 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,931 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,644 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $79,763 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $15,809 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $3,954 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $17,102 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $8,551 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $8,551 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $4,946 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $2,473 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,473 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $233,692 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $226,868 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $6,823 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $507,157 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $355,183 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $91,973 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,870,469 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,870,469 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,377,626 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $355,183 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,962,442 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$998,338 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $442,287 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $412,234 | CashBOYAmt |
| Cash EOY | $508,543 | CashEOYAmt |
| Cash EOYFMV | $508,543 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $642,059 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $65,344 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $65,344 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $29,996,243 | CorporateStockBOYAmt |
| Corporate Stock EOY | $36,898,945 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $36,898,945 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,237,850 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,332,796 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,332,796 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,385,678 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,345,464 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,345,464 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $38,674,064 | TotalAssetsBOYAmt |
| Total Assets EOY | $45,151,092 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $45,151,092 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $150,000 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $150,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $22,613,322 | CapitalStockBOYAmt |
| Capital Stock EOY | $29,938,688 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $16,060,742 | RetainedEarningBOYAmt |
| Retained Earning EOY | $15,062,404 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $38,674,064 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $45,001,092 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $38,674,064 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $45,151,092 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $38,674,064 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$998,338 | ExcessRevenueOverExpensesAmt |
| Other Increases | $7,325,366 | OtherIncreasesAmt |
| Subtotal | $45,001,092 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $45,001,092 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| GOLDMAN SACHS 959-3 | 2021-12-30 | 2023-12-31 | $655,341 | $684,832 | -$29,491 | -$29,491 | |
| GOLDMAN SACHS 959-3 | 2019-04-01 | 2023-12-31 | $218,000 | $213,719 | $4,281 | $4,281 | |
| GOLDMAN SACHS 824-3 | 2022-01-20 | 2023-12-31 | $774,933 | $748,272 | $26,661 | $26,661 | |
| GOLDMAN SACHS 069-6 | 2021-08-20 | 2023-12-31 | $547,770 | $711,928 | -$164,158 | -$164,158 | |
| GOLDMAN SACHS 069-6 | 2022-07-03 | 2023-12-31 | $15,646 | $16,334 | -$688 | -$688 | |
| Capital Gains Dividends | $37,657 | $37,657 | $37,657 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$125,738 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,148 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $6,148 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $6,148 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $48,247 | 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 | $48,247 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $42,099 | OverpaymentAmt |
| Applied To ES Tax | $42,099 | 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 | 0 | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JIM MELSON | IndividualWithBooksNm |
| Phone | 2145078844 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5949 SHERRY LANE SUITE 1110 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75225 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| ELLEN KERSHAW | ||||||||
| 5949 SHERRY LN | DALLAS | TX | 75225 | PRESIDENT | 4.00 | $0 | $0 | $0 |
| CLAYTON KERSHAW | ||||||||
| 5949 SHERRY LN | DALLAS | TX | 75225 | VICE-PRESIDENT | 2.00 | $0 | $0 | $0 |
| ANN HIGGINBOTTOM | ||||||||
| 5949 SHERRY LN | DALLAS | TX | 75225 | SECRETARY - TREASURER | 12.00 | $0 | $0 | $0 |
| JIM MELSON | ||||||||
| 5949 SHERRY LN | DALLAS | TX | 75225 | DIRECTOR - CFO | 12.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JIM MELSON | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5949 SHERRY LANE | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75225 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | CFO | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 12.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $41,812,460 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $138,935 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $41,951,395 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $41,951,395 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $629,271 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $41,322,124 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,066,106 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,066,106 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,148 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,148 | TotalTaxAmt |
| Distributable Before Adj | $2,059,958 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,059,958 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,059,958 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,962,442 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,962,442 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,059,958 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $514,837 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,962,442 | QualifyingDistributionsAmt |
| Applied To Year1 | $514,837 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,447,605 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $612,353 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ELLEN KERSHAW | ContributingManagerNm |
| Contributing Manager | CLAYTON KERSHAW | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (47 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ACTION IN AFRICA | ||||||
| PO BOX 3853 | ASPEN | CO | 81611 | PC | GENERAL OPERATING FUND | $30,000 |
| ADVOCATES FOR COMMUNITY TRANSFORMATION | ||||||
| PO BOX 225225 | DALAS | TX | 75222 | PC | GENERAL OPERATING FUND | $10,000 |
| AIRBOURNE LIFELINE FOUNDATION | ||||||
| PO BOX 156 | PACONIAN SPRINGS | VA | 20129 | PC | GENERAL OPERATING FUND | $75,000 |
| ALLIANCE FOR CHILDREN EVERYWHERE | ||||||
| PO BOX 1568 | RIDGFIELD | WA | 98642 | PC | GENERAL OPERATING FUND | $50,000 |
| AMERICAN AMATEUR BASEBALL CONGRESS | ||||||
| 100 W BROADWAY | FARMINGTON | NM | 84701 | PC | GENERAL OPERATING FUND | $5,000 |
| BABY 2 BABY | ||||||
| 5830 W JEFFERSON BLVD | LOS ANGELES | CA | 90016 | PC | GENERAL OPERATING FUND | $50,000 |
| BEHIND EVERY DOOR MINISTRIES | ||||||
| 4849 GREENVILLE AVE STE 100 | DALLAS | TX | 75206 | PC | GENERAL OPERATING FUND | $25,000 |
| CASA DEL LAGO | ||||||
| PO BOX 54032 | DALLAS | TX | 75354 | PC | general operatiang fund | $50,000 |
| CHILDREN'S MEDICAL CENTER | ||||||
| 1935 MEDICAL DISTRICT DR | DALAS | TX | 75235 | PC | GENERAL OPERATING EXPENSES | $50,000 |
| COLLEGE FOR CANCER | ||||||
| 1050 UNIVERSITY AVE STE E107 705 | SAN DIEGO | CA | 92103 | PC | GENERAL OPERATING FUND | $10,000 |
| CONNECTING POINT PARK CITIES | ||||||
| 4516 OVERS LAN 3212 | DALLAS | TX | 75225 | PC | GENERAL OPERATING FUND | $3,000 |
| DALLAS BAPTIST UNIVERSITY | ||||||
| 3000 MOUNTAIN CREEK PKWY | DALLAS | TX | 75211 | PC | GENERAL OPERATING FUND | $10,000 |
| DISTINCTLY HIS MINISTRIES | ||||||
| PO BOX 764493 | DALLAS | TX | 75376 | PC | GENERAL OPERATING FUND | $75,000 |
| FOR THE NATIONS | ||||||
| PO BOX 850064 | RICHARDSON | TX | 75085 | PC | GENERAL OPERATING FUND | $30,000 |
| HEAVEN SOUTH | ||||||
| 900 WOODLAND ST | NASHVILLE | TN | 37206 | PC | GENERAL OPERATING FUND | $30,000 |
| HIGHLAND PARK EDUCATION FOUNDATION | ||||||
| 4201 GRASSMERE LN | DALLAS | TX | 75205 | PC | GENERAL OPERATING FUND | $15,000 |
| HIGHLAND PARK INDEPENDENT SCHOOL DISTRICT | ||||||
| 7015 WESTCHESTER DR | DALAS | TX | 75205 | PC | GENERAL OPERATING FUND | $5,000 |
| HIGHLAND PARK PRESBYTERIAN CHURCH | ||||||
| 3821 UNIVERSITY BLVD | DALLAS | TX | 75205 | PC | CONCENTRATION PROGRAM | $110,000 |
| HPHS STUDENT COUNCIL | ||||||
| 7015 WESTCHESTER DR | DALLAS | TX | 75205 | PC | GENERAL OPERATING FUND | $1,000 |
| HUMAN TRAFFICKING INSTITUTE INC | ||||||
| 2701 PROSPERITY AVE STE 405 | FAIRFAX | VA | 22031 | PC | GENERAL OPERATING FUND | $100,000 |
| INTERFAITH FAMILY SERVICES | ||||||
| 1651 MATILDA ST | DALLAS | TX | 75206 | PC | GENERAL OPERATING FUND | $60,000 |
| INTERNATIONAL JUSTICE MISSION | ||||||
| 900 WOODLAND ST | NASHVILLE | TN | 37206 | PC | GENERAL OPERATING FUND | $130,000 |
| JORDAN SPEITH FAMILY FOUNDATION | ||||||
| 5950 SHERRY LN STE 600 | DALLAS | TX | 75225 | PC | GENERAL OPERATING FUND | $6,000 |
| JUST KEEP LIVIN | ||||||
| 15821 VENTURA BLV SE 370 | ENCINO | CA | 91436 | PC | GENERAL OPERATING FUND | $30,000 |
| KERSHAW'S CHALLENGE | ||||||
| 5949 SHERRY LANE STE 1110 | DALLAS | TX | 75225 | PC | GENRAL OPERATING FUND | $106,609 |
| KERSHAW'S CHALLENGE | ||||||
| 5949 SHERRY LANE STE 1110 | DALLAS | TX | 75225 | PC | GENERAL OPERATING FUND | $68,800 |
| KERSHAW'S CHALLENGE | ||||||
| 5949 SHERRY LANE STE 1110 | DALLAS | TX | 75225 | PC | GENERAL OPERATING FUND | $125,000 |
| LA FOOD BANK | ||||||
| 3100 VENICE BLVD | LOS ANGELES | CA | 90019 | PC | GENERAL OPERATING FUND | $1,000 |
| LOS ANGELES DODGERS FOUNDATION | ||||||
| 1000 VIN SCULLY AVE | LOS ANGELES | CA | 90012 | PC | GENERAL OPERATING FUND | $200,000 |
| MD ANDERSON | ||||||
| 1515 HOLCOMBE BLVD | HOUSTON | TX | 77030 | PC | GENERAL OPERATING EXPENSES | $50,000 |
| MEN OF NEHEMIAH | ||||||
| 2010 AL LIPSCOMB WAY | DALLAS | TX | 75215 | PC | GENERAL OPERATNG FUND | $60,000 |
| MERCY STREET | ||||||
| 3801 HOLYSTONE ST | DALLAS | TX | 75212 | PC | GENERAL OPERATING FUND | $95,000 |
| MOUNT VERNON CARES | ||||||
| PO BOX 238 | MT VERNON | TX | 75457 | PC | GENERAL OPERATING EXPENSES | $5,000 |
| NEW FRIENDS NEW LIFE | ||||||
| PO BOX 192378 | DALLAS | TX | 75219 | PC | GENERAL OPERATING FUND | $5,000 |
| NORTH TEXAS FOOD BANK | ||||||
| 3677 MAPLESHADE LN | PLANO | TX | 75075 | PC | GENERAL OPERATING FUND | $1,000 |
| OCEANSIDE CHRISTIAN FELLOWSHIP | ||||||
| 343 CORAL CIRCLE | EL SEGUNDO | CA | 90245 | PC | GENERAL OPERATING FUND | $10,000 |
| ROBERT S HYER SCHOOL PTA | ||||||
| 3920 CARUTH BLVD | DALLAS | TN | 75225 | PC | GENERAL OPERATING FUND | $7,500 |
| RONALD MCDONALD HOUSE OF DALLAS | ||||||
| 4707 BENGAL ST | DALLAS | TX | 75235 | PC | GENERAL OPERATING FUND | $2,500 |
| SHOES THAT FIT | ||||||
| 1420 CLREMONT BLVD STE 204A | CLAREMONT | CA | 91711 | PC | GENERAL OPERATING FUND | $16,000 |
| TEXAS A&M FOUNDATION | ||||||
| 401 GEORGE BUSH DR | COLLEGE STATION | TX | 77840 | PC | GENERAL OPERATING FUND | $500 |
| TEXAS SCOTTISH RITE HOSPITAL | ||||||
| 2222 WELBORN ST | DALLAS | TX | 75219 | PC | GENERAL OPERATING FUND | $1,000 |
| THE DAY SCHOO0L AT HPPC | ||||||
| 3821 UNIVERSITY BLVD | DALLAS | TX | 75205 | PC | GENERAL OPERATING FUND | $15,300 |
| THE PLAYERS ALLIANCE | ||||||
| 100 WALNUT AVE STE 103 | CLARK | NJ | 07066 | PC | GENERAL PERATING FUND | $5,260 |
| THE STALLINGS FOUNDATION | ||||||
| 25 HIGHLAND PARK VILLAGE 100-762 | DALLAS | TX | 75225 | PC | GENERAL OPERATING FUND | $50,000 |
| THE UCLA FOUNDATION | ||||||
| 405 HILGARD AVE | LOS ANGELES | CA | 90095 | PC | GENERAL OPERATING FUND | $50,000 |
| TO BE LIKE ME | ||||||
| PO BOX 60010 | DALLAS | TX | 75360 | PC | GENERAL OPERATING FUND | $10,000 |
| WOMEN'S AUXULLARY TO CHILDREN'S MEDICAL | ||||||
| 2777 N STEMMONS FWY STE 1700 | DALLAS | TX | 75225 | PC | GENERAL OPERATING FUND | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,870,469 | 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 |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $797,470 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$125,738 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $671,732 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $671,732 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| CLAYTON KERSHAW | ||||||
| 1 | 5949 SHERRY LANE SUITE 1110 | DALLAS | TX | 75225 | $353,778 | Yes (X) |
| ELLEN KERSHAW | ||||||
| 2 | 5949 SHERRY LANE SUITE 1110 | DALLAS | TX | 75225 | $353,778 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX CONSULTING & PREPARATION | CategoryTxt |
| Amt | $10,575 | Amt |
| Net Investment Income | $7,931 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,644 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | FIXED INCOME | BondNm |
| EOY Book Value | $6,332,796 | EOYBookValueAmt |
| EOYFMV | $6,332,796 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | PUBLIC EQUITY | StockNm |
| EOY Book Value | $36,898,945 | EOYBookValueAmt |
| EOYFMV | $36,898,945 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ALTERNATIVE INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $1,345,464 | BookValueAmt |
| EOYFMV | $1,345,464 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL & PROF SERVICES | CategoryTxt |
| Legal Fees | $1,660 | LegalFeesAmt |
| Net Investment Income | $830 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $830 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY G/S | $210,067 | $210,067 | $0 |
| INVESTMENT EXPENSES - U.S. REAL PROPERTY FUND | $898 | $898 | $0 |
| VINTAGE IX B SCSP | $5,144 | $5,144 | $0 |
| BANK SERVICE CHARGES | $32 | $32 | $0 |
| MEALS | $3,904 | $3,904 | $0 |
| MEDICAL REIMBURSEMENT | $1,042 | $521 | $521 |
| INSURANCE | $126 | $63 | $63 |
| CONTRACT LABOR | $7,619 | $3,809 | $3,809 |
| OFFICE EXPENSES & SUPPLIES | $4,860 | $2,430 | $2,430 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCREASE IN UNREALIZED GAIN | Desc |
| Amt | $7,325,366 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $7,918 | $3,964 | $3,954 |
| EXCISE TAXES PAID | $60,000 | $0 | $0 |
| FOREIGN TAXES | $11,845 | $11,845 | $0 |
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