CARRUTH FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CARRUTH FOUNDATION (EIN 76-0439576)
- Tax period
- 2023-02-01 to 2024-01-31
- Filed
- 2024-12-17
- IRS object ID
- 202403529349100700
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-12-17T10:49:40-06:00 | ReturnTs |
| Tax Period End | 2024-01-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752393478 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHITLEY PENN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3737 BUFFALO SPEEDWAY SUITE 1600 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77098 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-02-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760439576 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CARRUTH FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARR | BusinessNameControlTxt |
| Phone | 7135263012 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 ALLEN PARKWAY SUITE 1570 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRADY F CARRUTH | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 7135263012 | PhoneNum |
| Signature | 2024-12-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIE QUARANTA | PreparerPersonNm |
| PTIN | P00960546 | PTIN |
| Phone | 7136211515 | 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 | $14,650,612 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $312,706 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $312,706 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $162,855 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,104,251 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $162,855 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $72,632 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $72,632 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $548,193 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $548,193 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,673 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,673 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $85,661 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $85,661 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $361 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $361 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,060 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,060 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $22,864 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $22,864 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $116,619 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $116,619 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $689,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $689,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $806,119 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $116,619 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $689,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$257,926 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $431,574 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $603,419 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $493,062 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $493,062 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $22,835 | AcctRcvblBOYAmt |
| Prepaid Expenses BOY | $24,000 | PrepaidExpensesBOYAmt |
| Corporate Stock BOY | $7,403,955 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,329,738 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,132,807 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $4,231,211 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,142,890 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,024,743 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $12,285,420 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,965,690 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,650,612 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $12,285,420 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $11,965,690 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,285,420 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,965,690 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,285,420 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,965,690 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,285,420 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$257,926 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $12,027,494 | SubtotalAmt |
| Other Decreases | $61,804 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,965,690 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|
| NFS # 0928 | 2024-01-31 | $465,582 | $474,899 | -$9,317 | -$9,317 | |
| NFS # 3168 | 2024-01-31 | $257,475 | $278,657 | -$21,182 | -$21,182 | |
| NFS # 0214 | 2024-01-31 | $31,766 | $33,337 | -$1,571 | -$1,571 | |
| CS #3393 | 2024-01-31 | $280,475 | $270,143 | $10,332 | $10,332 | |
| NFS # 8809 | 2024-01-31 | $14,501 | $30,314 | -$15,813 | -$15,813 | |
| NFS # 0928 | 2024-01-31 | $274,937 | $221,636 | $53,301 | $53,301 | |
| NFS # 3168 | 2024-01-31 | $1,234,246 | $1,107,464 | $126,782 | $126,782 | |
| NFS # 3168 | 2024-01-31 | $1,185 | $1,185 | $1,185 | ||
| CS #3393 | 2024-01-31 | $1,314,046 | $1,305,775 | $8,271 | $8,271 | |
| NFS #0214 | 2024-01-31 | $109,802 | $88,075 | $21,727 | $21,727 | |
| NFS #8809 | 2024-01-31 | $74,504 | $78,551 | -$4,047 | -$4,047 | |
| BLACKGOLD OPPORTUNITY FUND, LP | 2024-01-31 | $35,227 | $35,227 | $35,227 | P | |
| AVALON GLOBAL REAL ASSETS FUND, LP | 2024-01-31 | $7,296 | $7,296 | $7,296 | P | |
| SECTION 1231 - AVALON GLOBAL REAL ASSETS FUND, LP | 2024-01-31 | $12,729 | -$12,729 | -$12,729 | P | |
| NFS # 3168 CAPITAL GAIN DISTRIBUTIONS | 2024-01-31 | $3,209 | $3,209 | $3,209 | ||
| LOSS ON INVESTMENT | 2024-01-31 | $39,816 | -$39,816 | -$39,816 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $162,855 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,999 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,999 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,999 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | 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 | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $317 | EsPenaltyAmt |
| Tax Due | $6,316 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | WILLIAM CLARKE CPA | IndividualWithBooksNm |
| Phone | 7135263012 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 ALLEN PARKWAY SUITE 1570 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BRADY F CARRUTH | ||||||||
| 2727 ALLEN PARKWAY SUITE 1570 | HOUSTON | TX | 770192125 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| ALAN SCHUBERT | ||||||||
| 2727 ALLEN PARKWAY SUITE 1570 | HOUSTON | TX | 770192125 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| GENTRY LEE | ||||||||
| 2727 ALLEN PARKWAY SUITE 1570 | HOUSTON | TX | 770192125 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $13,305,281 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $489,189 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $381,692 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,176,162 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $14,176,162 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $212,642 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $13,963,520 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $698,176 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $698,176 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,999 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,999 | TotalTaxAmt |
| Distributable Before Adj | $692,177 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $692,177 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $692,177 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $689,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $689,500 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $692,177 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $212,274 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $28,448 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $310,037 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $550,759 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $689,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $689,500 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $2,677 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $2,677 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $548,082 | 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 | $209,597 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $338,485 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $28,448 | ExcessFromYear4Amt |
| Excess From Year3 | $310,037 | ExcessFromYear3Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CAMP FOR ALL | ||||||
| 3701 KIRBY DRIVE 570 | HOUSTON | TX | 77098 | PUBLIC | GENERAL SUPPORT | $10,000 |
| HOUSTON MUSEUM OF NATURAL SCIENCE | ||||||
| 5555 HERMANN PARK DRIVE | HOUSTON | TX | 77030 | PUBLIC | GENERAL SUPPORT | $50,000 |
| HOUSTON SPCA | ||||||
| 7007 OLD KATY ROAD | HOUSTON | TX | 77024 | PUBLIC | GENERAL SUPPORT | $252,000 |
| NORTHLAND CHRISTIAN SCHOOL | ||||||
| 4363 SYLVANFIELD DR | HOUSTON | TX | 77014 | PUBLIC | GENERAL SUPPORT | $100,000 |
| SARATOGA SPRINGS PRESERVATION FDN | ||||||
| 112 SPRING ST STE 203 | SARATOGA SPRINGS | NY | 12866 | PUBLIC | GENERAL SUPPORT | $35,000 |
| SLIPPERY ROCK UNIVERSITY FOUNDATION | ||||||
| 1 MORROW WAY | SLIPPERY ROCK | PA | 16057 | PUBLIC | GENERAL SUPPORT | $10,000 |
| THE PARISH CHILDREN'S SCHOOL | ||||||
| 11001 HAMMERLY | HOUSTON | TX | 77043 | PUBLIC | GENERAL SUPPORT | $100,000 |
| THEATRE UNDER THE STARS | ||||||
| 800 BAGBY ST UNIT 200 | HOUSTON | TX | 77002 | PUBLIC | GENERAL SUPPORT | $37,500 |
| THE BEACON | ||||||
| 1212 PRAIRIE ST | HOUSTON | TX | 77002 | PUBLIC | GENERAL SUPPORT | $25,000 |
| STORM HARBOR EQUESTRIAN CENTER | ||||||
| 245 HARMONY RD | SLIPPERY ROCK | PA | 16057 | PUBLIC | GENERAL SUPPORT | $25,000 |
| JOY SCHOOL | ||||||
| ONE CHELSEA BLVD | HOUSTON | TX | 77006 | PUBLIC | GENERAL SUPPORT | $20,000 |
| HERMANN PARK CONSERVANCY | ||||||
| 1700 HERMANN DR | HOUSTON | TX | 77004 | PUBLIC | GENERAL SUPPORT | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $689,500 | 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 | $312,706 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $72,632 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $162,855 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $548,193 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $548,193 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
| 4 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
| 5 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
| 8 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $6,673 | Amt |
| Net Investment Income | $6,673 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMEGY INVESTMENTS - FUND A | $1,634,262 | $2,336,493 |
| FIDELITY INVESTMENTS - FUND C | $1,720,990 | $2,201,979 |
| FID INV-214 | $1,593,700 | $2,266,389 |
| SCHWAB INVESTMENTS - STOCKS | $1,750,033 | $2,409,952 |
| FID INV-809 | $625,035 | $917,994 |
| FID INV-929 | $5,718 | $0 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SCHWAB INVESTMENTS - FIXED INC | AT COST | $3,965,637 | $3,687,065 |
| FIDELITY INV A - PRIVATE EQUITY | AT COST | $177,253 | $337,678 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BASIS ADJUSTMENT | Desc |
| Amt | $61,804 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $129 | $129 | $0 |
| OTHER FEES | $29 | $29 | $0 |
| 2% PORTFOLIO EXPENSE - PARTNERSHIP | $6,324 | $6,324 | $0 |
| NONDEDUCTIBLE EXPENSE - PARTNERSHIP | $37 | $37 | $0 |
| AVALON GLOBAL REAL ASSETS FUND, LP - CONTRIBUTIONS | $8 | $8 | $0 |
| MISCELLANEOUS EXPENSE | $16,337 | $16,337 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ORDINARY INCOME - BLACKGOLD OPPORTUNITY FUND, LP | $1,152 | $1,152 | $1,152 |
| RENTAL INCOME - AVALON GLOBAL REAL ASSET FUND, LP | -$1,998 | -$1,998 | -$1,998 |
| DIVIDEND INCOME - AVALON GLOBAL REAL ASSET FUND, LP | $20,441 | $20,441 | $20,441 |
| ORDINARY INCOME - AVALON GLOBAL REAL ASSET FUND, LP | $21,921 | $21,921 | $21,921 |
| INTEREST INCOME - PASSIVE K-1 ACTIVITY | $1,652 | $1,652 | $1,652 |
| OTHER INCOME - PASSIVE K-1 ACTIVITY | $1,766 | $1,766 | $1,766 |
| DIVIDEND INCOME - BLACKGOLD OPPORTUNITY FUND, LP | $908 | $908 | $908 |
| CANCELLATION OF DEBT | $13,853 | $13,853 | $13,853 |
| OTHER INCOME | $12,937 | $12,937 | $12,937 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $85,661 | Amt |
| Net Investment Income | $85,661 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN DIVIDEND TAX | CategoryTxt |
| Amt | $1,060 | Amt |
| Net Investment Income | $1,060 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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