LIVING ROCK FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- LIVING ROCK FOUNDATION (EIN 45-1656663)
- Tax period
- 2023-12-01 to 2023-12-31
- Filed
- 2024-11-11
- IRS object ID
- 202443169349101859
- 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 Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-11T12:01:48-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 942767324 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEEBA & ASSOCIATES INCCPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1825 HAMILTON AVE | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 951255624 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 451656663 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIVING ROCK FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIVI | BusinessNameControlTxt |
| Phone | 8175325001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 RESERVE STREET STE 460 | AddressLine1Txt |
| City | SOUTHLAKE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALEX BRUBAKER | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 8175325001 | 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 | DAVID A SEEBA CPA | PreparerPersonNm |
| PTIN | P00747048 | PTIN |
| Phone | 4082647800 | 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 | $5,487,470 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $500 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $2,556 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,556 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$9,630 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $27,184 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $158,470 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $158,470 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $151,896 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $161,026 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $24,044 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $5,636 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $3,771 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $2,966 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $608 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,255 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $264 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $202 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $717 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $6 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $1 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,150 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $251 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $168 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $445 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $431 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $88 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,598 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $737 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $32,452 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $29,953 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $69,847 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,151 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $36,245 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $79,847 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,151 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $46,245 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $72,049 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $154,875 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $78,124 | CashBOYAmt |
| Cash EOY | $14,038 | CashEOYAmt |
| Cash EOYFMV | $14,038 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $329,130 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $315,772 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $315,772 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $28,963 | AcctRcvblAmt |
| Acct Rcvbl BOY | $31,986 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $28,963 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $28,963 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $2,272,297 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,281,049 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,863,666 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,160,730 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,308,496 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,008,417 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $11,552 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,369 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $5,628 | LandBOYAmt |
| Land EOY | $5,183 | LandEOYAmt |
| Land EOYFMV | $5,183 | LandEOYFMVAmt |
| Other Assets BOY | $251,431 | OtherAssetsBOYAmt |
| Other Assets EOY | $251,431 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $251,431 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $4,129,326 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,204,932 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,487,470 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $387 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,545 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $387 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,545 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $4,128,939 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $4,203,387 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,128,939 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,203,387 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,129,326 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,204,932 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,128,939 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $72,049 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,399 | OtherIncreasesAmt |
| Subtotal | $4,203,387 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,203,387 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 750 SHS OF SEALED AIR CORP | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Sold | 2023-12-14 | SoldDt |
| Gross Sales Price | $27,184 | GrossSalesPriceAmt |
| Cost Or Other Basis | $36,814 | CostOrOtherBasisAmt |
| Gain Or Loss | -$9,630 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$9,630 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$9,630 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,153 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,153 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,153 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,341 | 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 | $3,341 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,188 | OverpaymentAmt |
| Applied To ES Tax | $1,188 | 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 | MD | OrgReportOrRegisterStateCd |
| 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 | WWW.LIVINGROCKFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEX BRUBAKER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8175325001 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 RESERVE STREET STE 460 | AddressLine1Txt |
| City | SOUTHLAKE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | 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 (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| KENNETH A ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | CHAIRMAN/TRUSTEE | 20.00 | $609 | $246 | $0 |
| ROBERTA E ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | PRESIDENT/TRUSTEE | 2.00 | $0 | $0 | $0 |
| ALEX BRUBAKER | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | VICE PRESIDENT/TRUSTEE | 40.00 | $11,883 | $283 | $0 |
| KARY ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | TRUSTEE | 20.00 | $3,552 | $53 | $0 |
| MONICA ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| JUSTIN ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | TREASURER/TRUSTEE | 40.00 | $8,000 | $543 | $0 |
| RACHEL ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | TRUSTEE | 2.00 | $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) |
|---|---|---|
| Description2 | THE FOUNDATION SUPPORTS THE ACTIVITIES OF LIVING STONES FOUNDATION CHARITABLE TRUST (A $30M VOLUNTEER-RUN PUBLIC CHARITY WHICH MAKES $1M-$2M OF ANNUAL GRANTS) BY PROVIDING PERSONNEL FOR PART-TIME SECRETARIAL, MANAGEMENT, AND ALTERNATIVE INVESTMENT IDENTIFICATION FUNCTIONS. | Description2Txt |
| Expenses2 | $46,245 | Expenses2Amt |
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 | $2,585,639 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $368,531 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,332,050 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,286,220 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,286,220 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $79,293 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,206,927 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $22,114 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $22,114 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,153 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $319 | IncomeTaxAmt |
| Total Tax | $2,472 | TotalTaxAmt |
| Distributable Before Adj | $19,642 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $19,642 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $19,642 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $46,245 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $46,245 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $19,642 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $360,036 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $176,254 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $141,146 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $110,122 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $241,031 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,028,589 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $46,245 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $19,642 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $26,603 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,055,192 | 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 | $360,036 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $695,156 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $176,254 | ExcessFromYear4Amt |
| Excess From Year3 | $141,146 | ExcessFromYear3Amt |
| Excess From Year2 | $110,122 | ExcessFromYear2Amt |
| Excess From Year1 | $241,031 | ExcessFromYear1Amt |
| Excess From Current Year | $26,603 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | KENNETH A ELDRED | ContributingManagerNm |
| Contributing Manager | ROBERTA E ELDRED | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OC INTERNATIONAL | ||||||||||||
| 5801 N UNION BLVD | COLORADO SPRINGS | CO | 80918 | NONE | CHURCH | CHARITABLE AND RELIGIOUS SUPPORT | $6,000 | |||||
| IGLESIA EVANGLICA DE COBENA | ||||||||||||
| NONE | CHURCH | CHARITABLE AND RELIGIOUS SUPPORT | $4,000 | C PICON 17 | COBENA | MADRID | SP | 28863 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,000 | 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 | $2,556 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531110 | BusinessCd |
| Unrelated Business Taxbl Incm | $5,125 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $153,345 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$9,630 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $5,125 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $146,271 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $151,396 | 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 & BOOKKEEPING | CategoryTxt |
| Amt | $3,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $717 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| 3 LCD TV'S FOR OFFICE | 2011-05-30 | $1,447 | $1,447 | SL | 5.000000000000 | $0 | $0 |
| AVAYA IPO 500 SERVER SYSTEM | 2011-07-01 | $11,216 | $11,216 | SL | 5.000000000000 | $0 | $0 |
| OFFICE SHREDDER | 2011-07-15 | $1,013 | $1,013 | SL | 7.000000000000 | $0 | $0 |
| HEXAGON TABLE, BOOKCASE, 3 ARM CHAIRS | 2011-09-01 | $622 | $622 | SL | 7.000000000000 | $0 | $0 |
| PRINTER/COPIER/SCANNER/FAX | 2013-06-17 | $122 | $110 | SL | 5.000000000000 | $0 | $0 |
| APPLE MACBOOK PRO | 2013-11-20 | $1,470 | $1,470 | SL | 5.000000000000 | $0 | $0 |
| DELL LATITUDE | 2015-10-23 | $1,202 | $1,202 | SL | 5.000000000000 | $0 | $0 |
| LEASEHOLD IMPROVEMENTS-TX | 2018-11-30 | $3,744 | $3,744 | SL | 5.000000000000 | $0 | $0 |
| KARY'S OFFICE FUNITURE | 2019-06-29 | $838 | $247 | SL | 15.000000000000 | $56 | $0 |
| PAUL DOWNS CABINETS | 2021-11-04 | $5,835 | $810 | SL | 15.000000000000 | $389 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SCHWAB-VARIOUS MUTUAL FUNDS | $60,684 | $60,558 |
| GALECTIN THERAPEUTICS | $100,000 | $142,642 |
| WILLIAM BLAIR-STOCKS | $2,120,365 | $2,660,466 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CEMOF II | AT COST | $28,548 | $52,113 |
| RIVERSTONE GLOBAL ENERGY | AT COST | $110,260 | $165,311 |
| LEGACY VENTURES VIII LLC | AT COST | $425,225 | $1,016,497 |
| ANONYOME LABS INC | AT COST | $114,088 | $114,088 |
| IRONSIDES DIRECT INV FUND | AT COST | $445,588 | $475,621 |
| GALECTIN THERAPEUTICS-RIGHTS | AT COST | $100,000 | $100,000 |
| DESERT PARTNERS VIII | AT COST | $84,787 | $84,787 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| OFFICE SHREDDER | $1,013 | $1,013 | $0 |
| PRINTER/COPIER/SCANNER/FAX | $122 | $110 | $12 |
| LEASEHOLD IMPROVEMENTS-TX | $3,744 | $3,744 | $0 |
| KARY'S OFFICE FUNITURE | $838 | $303 | $535 |
| PAUL DOWNS CABINETS | $5,835 | $1,199 | $4,636 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SECURITY DEPOSITS | $1,431 | $1,431 | $1,431 |
| NOTES RECEIVABLE | $250,000 | $250,000 | $250,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL & 401K ADMIN FEES | $120 | $0 | $25 |
| COMPUTER EXPENSES | $103 | $0 | $21 |
| OFFICE AND POSTAGE EXPENSE | $141 | $0 | $29 |
| PROJECT SUPPORT-LSFCT | $29,308 | $0 | $29,308 |
| BANK CHARGES | $1,488 | $0 | $305 |
| MEETINGS/MEALS | $1,292 | $0 | $265 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME | Desc |
| Revenue And Expenses Per Books | $158,470 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $158,470 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $158,470 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CORTLAND III EARNINGS INCREASING NEGATIVE BASIS | Desc |
| Amt | $2,399 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $1,070 | $251 | $168 |
| TAXES-UBIT (STATES) | $80 | $0 | $0 |
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