PEROT FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PEROT FOUNDATION (EIN 75-6093258)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-06
- IRS object ID
- 202423119349101842
- 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
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-06T14:24:15-06:00 | 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 | 756093258 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Perot Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PERO | 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 | JYROBB III | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 9725351900 | PhoneNum |
| Signature | 2024-11-06 | 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 | Kami M Barnes | PreparerPersonNm |
| PTIN | P01080813 | PTIN |
| Phone | 9725351900 | 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 | $46,765,382 | 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 | $88,500 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $590,986 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $590,986 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $235,425 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $235,425 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $133,036 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $98,551 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,047,947 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $924,962 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $36,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $36,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $13,027 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $13,027 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $36,191 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $36,191 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $675 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $675 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $300 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $300 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $8,305 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,627 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $6,678 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,904 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $229,710 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $139,568 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,918 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $326,112 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $141,195 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $97,789 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $345,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $345,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $671,112 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $141,195 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $442,789 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $376,835 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $783,767 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $4,979 | CashBOYAmt |
| Cash EOY | $5,234 | CashEOYAmt |
| Cash EOYFMV | $5,234 | CashEOYFMVAmt |
| Other Investments BOY | $17,875,549 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $18,253,351 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $19,445,522 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $165,516 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $41,658 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $125,761 | LandBOYAmt |
| Land EOY | $123,858 | LandEOYAmt |
| Land EOYFMV | $123,858 | LandEOYFMVAmt |
| Other Assets BOY | $27,190,768 | OtherAssetsBOYAmt |
| Other Assets EOY | $27,190,768 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $27,190,768 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $45,197,057 | TotalAssetsBOYAmt |
| Total Assets EOY | $45,573,211 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $46,765,382 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $981 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $300 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $981 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $300 | 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 | $45,196,076 | RetainedEarningBOYAmt |
| Retained Earning EOY | $45,572,911 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $45,196,076 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $45,572,911 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $45,197,057 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $45,573,211 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $45,196,076 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $376,835 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $45,572,911 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $45,572,911 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PSTF STCG | P | 2023-01-01 | 2023-12-31 | -$648 | -$648 |
| PSTF LTCG | P | 2022-01-01 | 2023-12-31 | $921 | $921 |
| PQSF STCG | P | 2023-01-01 | 2023-12-31 | $323 | $323 |
| PQSF LTCG | P | 2022-01-01 | 2023-12-31 | $2 | $2 |
| PQSF 1256 Gain | P | 2022-01-01 | 2023-12-31 | -$20,395 | -$20,395 |
| PSSF STCG | P | 2023-01-01 | 2023-12-31 | $46,238 | $46,238 |
| PSSF LTCG | P | 2022-01-01 | 2023-12-31 | $26,020 | $26,020 |
| PTAC STCG | P | 2023-01-01 | 2023-12-31 | -$12,787 | -$12,787 |
| PTAC LTCG | P | 2022-01-01 | 2023-12-31 | $201,312 | $201,312 |
| PFND STCG | P | 2023-01-01 | 2023-12-31 | -$9,527 | -$9,527 |
| PFND LTCG | P | 2022-01-01 | 2023-12-31 | $25,529 | $25,529 |
| PFND 1256 Gain | P | 2022-01-01 | 2023-12-31 | -$1,715 | -$1,715 |
| PYOF STCG | P | 2023-01-01 | 2023-12-31 | $54 | $54 |
| PYOF LTCG | P | 2022-01-01 | 2023-12-31 | -$86,194 | -$86,194 |
| PAAF LTCG | P | 2022-01-01 | 2023-12-31 | $37 | $37 |
| PETS STCG | P | 2023-01-01 | 2023-12-31 | $12,621 | $12,621 |
| PETS LTCG | P | 2022-01-01 | 2023-12-31 | $53,634 | $53,634 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $235,425 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10,894 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $10,894 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $10,894 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,464 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $22,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $28,464 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $17,570 | OverpaymentAmt |
| Applied To ES Tax | $17,570 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | 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 | 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 (8 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 |
|---|---|---|---|---|---|---|---|---|
| Margot B Perot | ||||||||
| 3000 Turtle Creek Blvd | Dallas | TX | 75219 | President, Director | 0.00 | $0 | $0 | $0 |
| John T Walter Jr | ||||||||
| 3000 Turtle Creek Blvd | Dallas | TX | 75219 | Secretary, Director | 0.00 | $0 | $0 | $0 |
| H Ross Perot Jr | ||||||||
| 3000 Turtle Creek Blvd | Dallas | TX | 75219 | Director | 0.00 | $0 | $0 | $0 |
| Nancy E Perot | ||||||||
| 3000 Turtle Creek Blvd | Dallas | TX | 75219 | Director | 0.00 | $0 | $0 | $0 |
| Suzanne P McGee | ||||||||
| 3000 Turtle Creek Blvd | Dallas | TX | 75219 | Director | 0.00 | $0 | $0 | $0 |
| Katherine P Reeves | ||||||||
| 3000 Turtle Creek Blvd | Dallas | TX | 75219 | Director | 0.00 | $0 | $0 | $0 |
| J Y Robb III | ||||||||
| 3000 Turtle Creek Blvd | Dallas | TX | 75219 | Treasurer | 0.00 | $0 | $0 | $0 |
| Carolyn P Rathjen | ||||||||
| 3000 Turtle Creek Blvd | Dallas | TX | 75219 | Vice Pres, Exec Director | 20.00 | $36,000 | $34,346 | $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 | $18,384,512 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $9,922 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,394,434 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,394,434 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $275,917 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,118,517 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $905,926 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $905,926 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,894 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $680 | IncomeTaxAmt |
| Total Tax | $11,574 | TotalTaxAmt |
| Distributable Before Adj | $894,352 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $894,352 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $894,352 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $442,789 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $442,789 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $894,352 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $14,484,687 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $22,859,642 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $13,663,807 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,304,340 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,180,822 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $53,493,298 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $442,789 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $442,789 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $451,563 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $451,563 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $53,041,735 | 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 | $14,033,124 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $39,008,611 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $22,859,642 | ExcessFromYear4Amt |
| Excess From Year3 | $13,663,807 | ExcessFromYear3Amt |
| Excess From Year2 | $1,304,340 | ExcessFromYear2Amt |
| Excess From Year1 | $1,180,822 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Margot B Perot | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Carolyn P Rathjen | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| 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) |
|---|---|---|
| Recipient Phone | 9725351900 | 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 (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Southern Methodist University | |||||||
| PO Box 750402 | Dallas | TX | 752750402 | None | Public Charity | Grant Donation for Center for Presidential History | $80,000 |
| St Phillips School and Community Center | |||||||
| 1600 Pennsylvania Avenue | Dallas | TX | 75215 | None | Public Charity | Education | $100,000 |
| The Dallas Rotary Club Foundation | |||||||
| PO Box 601616 | Dallas | TX | 75360 | None | Public Charity | Support of Salute to America's Veterans program. | $25,000 |
| West Point Association of Graduates | |||||||
| 698 Mills Road | West Point | NY | 10996 | None | Public Charity | General Fund | $140,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $345,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $590,986 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $4,901 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $128,135 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $235,425 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $4,901 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $954,546 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $959,447 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Margot B Perot Survivors Trust | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | $88,500 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Investment in Petrus Short Term Fund | AT COST | $8,398,200 | $8,458,420 |
| Investment in Petrus Securities | AT COST | $4,058,345 | $5,724,893 |
| Investment in Petrus Quantitative Strategies Fund | AT COST | $1,029,227 | $627,643 |
| Investment in Petrus Fund | AT COST | $3,125,497 | $3,483,959 |
| Investment in Petrus Yield Opportunity Fund | AT COST | $1,078,604 | $525,685 |
| Investment in Petrus Special Situations Fund | AT COST | $316,111 | $358,373 |
| Investment in Petrus Asset Allocation Fund | AT COST | $247,367 | $266,549 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Expenses | CategoryTxt |
| Legal Fees | $675 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $675 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Russian Space Artifacts at Cost | $4,190,768 | $4,190,768 | $4,190,768 |
| TPCL, LLC | $23,000,000 | $23,000,000 | $23,000,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Insurance Expense | $4,228 | $0 | $4,228 |
| Other Expenses | $59 | $0 | $59 |
| Business Meals | $30 | $0 | $30 |
| Maintenance | $587 | $0 | $587 |
| Nondeductible expenses | $85,224 | $0 | $0 |
| Freight & Delivery | $14 | $0 | $14 |
| From K-1 - Petrus Special Situations Fund | $1,096 | $1,096 | $0 |
| From K-1 - Petrus Yield Opportunity Fund | $1,561 | $1,561 | $0 |
| From K-1 - Petrus Fund | $116,035 | $116,035 | $0 |
| From K-1 - Petrus Quantitative Strategies Fund | $20,195 | $20,195 | $0 |
| From K-1 - Petrus Securities LP | $681 | $681 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (17 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| From K-1 - Petrus Fund LP Tax exempt interest | $10 | $0 | $10 |
| From K-1 - Petrus Quantitative Strategies Fund Tax Exempt Interest | $86 | $0 | $86 |
| From K-1 - Petrus Short Term Fund Tax Exempt Interest Income | $27,425 | $0 | $27,425 |
| From K-1 - Petrus Yield Opportunity Fund Tax Exempt Interst Income | $69 | $0 | $69 |
| From K-1 - Petrus Special Situations Fund Tax Exempt Interest Income | $55 | $0 | $55 |
| From K-1 - Petrus Tactical Fund Tax Exempt Interest | $176 | $0 | $176 |
| From K-1 - Petrus Securities Tax Exempt Interest | $185 | $0 | $185 |
| From K-1 - Petrus Asset Allocation Fund Tax Exempt Interest | $7 | $0 | $7 |
| Royalties | $2,534 | $2,534 | $2,534 |
| UBTI reported on Form 990-T | $4,901 | $0 | $4,901 |
| Federal Tax Refund | $1,571 | $0 | $0 |
| From K-1 - Petrus Quantitative Strategies Fund Other Income | $36,301 | $36,301 | $36,301 |
| From K-1 - Petrus Special Situations Fund Other Income | $401 | $401 | $401 |
| From K-1 - Petrus Tactical Fund Other Income | -$10,929 | -$10,929 | -$10,929 |
| From K-1 - Petrus Fund LP Other Income | $58,294 | $58,294 | $58,294 |
| From K-1 - Petrus Yield Opportunity Fund Other Income | $1,221 | $1,221 | $1,221 |
| PDIV Incentive Allocation Clawback | $10,729 | $10,729 | $10,729 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Consulting | CategoryTxt |
| Amt | $300 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $300 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Property Taxes | $3,455 | $0 | $3,455 |
| Payroll Taxes | $3,223 | $0 | $3,223 |
| State taxes | $447 | $447 | $0 |
| Foreign Taxes - PQSF | $182 | $182 | $0 |
| Foreign Taxes - PFND | $998 | $998 | $0 |
Comments