LIVING ROCK FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- LIVING ROCK FOUNDATION (EIN 45-1656663)
- Tax period
- 2021-12-01 to 2022-11-30
- Filed
- 2023-02-13
- IRS object ID
- 202300449349100505
- Schema version
- 2021v4.2
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-02-13T17:40:56-06:00 | ReturnTs |
| Tax Period End | 2022-11-30 | 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 | 2021-12-01 | 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 | 2023-02-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ALEX | PersonFirstNm |
| Person Last | BRUBAKER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID A SEEBA CPA | PreparerPersonNm |
| PTIN | P00747048 | PTIN |
| Phone | 4082647800 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,318,990 | 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 | $7,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $66 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $66 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $31,638 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $31,638 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$38,012 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,477,629 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $354,992 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $354,992 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $355,684 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $386,696 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $215,419 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $50,911 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $28,842 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $30,812 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $5,402 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $105,632 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $7,927 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $17,129 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $45,864 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,041 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $59 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $10 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $47,797 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,269 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $2,093 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,194 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $16,343 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $2,865 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $14,062 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,465 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $414,227 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $52,825 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $352,056 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $891,409 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $113,932 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $418,903 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $40,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $40,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $931,409 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $113,932 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $458,903 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$575,725 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $272,764 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $124,870 | CashBOYAmt |
| Cash EOY | $201,441 | CashEOYAmt |
| Cash EOYFMV | $201,441 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $979,304 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,357,244 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,357,244 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $28,371 | AcctRcvblAmt |
| Acct Rcvbl BOY | $24,762 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $28,371 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $28,371 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $2,976,286 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,932,924 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,170,314 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,599,910 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,263,454 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,303,368 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $27,509 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,688 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $8,015 | LandBOYAmt |
| Land EOY | $6,821 | LandEOYAmt |
| Land EOYFMV | $6,821 | LandEOYFMVAmt |
| Other Assets BOY | $1,431 | OtherAssetsBOYAmt |
| Other Assets EOY | $251,431 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $251,431 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $5,714,578 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,041,686 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,318,990 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $5,714,578 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $5,041,686 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,714,578 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,041,686 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,714,578 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,041,686 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,714,578 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$575,725 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $5,138,853 | SubtotalAmt |
| Other Decreases | $97,167 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,041,686 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (25 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|---|
| 101441.28 PIMCO LOW DURATION INTL | P | 2022-06-01 | $949,600 | $987,189 | -$37,589 | -$37,589 | |
| 1500 SHS OF ALBIREO PHARMA INC | P | 2022-02-28 | $50,390 | $48,690 | $1,700 | $1,700 | |
| 500 SHS OF BIOHAVEN LTD | P | 2022-02-28 | $60,065 | $19,066 | $40,999 | $40,999 | |
| 1250 SHS OF COCA COLA CO | P | 2022-02-28 | $77,389 | $64,950 | $12,439 | $12,439 | 2020-12-02 |
| 2994 SHS OF DOCUSIGN INC | P | 2022-06-01 | $273,617 | $124,745 | $148,872 | $148,872 | |
| 400 SHS OF EVERBRIDGE INC | P | 2021-12-10 | $26,897 | $50,198 | -$23,301 | -$23,301 | |
| 1600 SHS OF EVERQUOTE INC | P | 2022-05-06 | $19,569 | $27,933 | -$8,364 | -$8,364 | |
| 1115 SHS OF GENERAL MILLS INC | P | 2022-02-28 | $74,746 | $64,860 | $9,886 | $9,886 | 2021-03-24 |
| 625 SHS OF J&J SNACK FOODS CORP | P | 2022-01-26 | $95,128 | $83,211 | $11,917 | $11,917 | |
| 400 SHS OF JOHN BEAN TECHNOLOGIES CORP | P | 2022-02-28 | $43,772 | $41,910 | $1,862 | $1,862 | |
| 2250 SHS OF KELLOGG CO | P | 2022-01-19 | $150,907 | $140,217 | $10,690 | $10,690 | |
| 755 SHS OF LESLIES ORD | P | 2022-03-28 | $14,345 | $19,502 | -$5,157 | -$5,157 | 2021-02-11 |
| 665 SHS OF MSC INDUSTRIAL DIRECT CO INC . | P | 2022-06-30 | $49,135 | $58,653 | -$9,518 | -$9,518 | |
| 4500 SHS OF NAPCO SECURITY TECHNOLOGIES INC . | P | 2022-06-01 | $108,006 | $48,436 | $59,570 | $59,570 | |
| 150 SHS OF OKTA INC . | P | 2022-11-07 | $7,044 | $16,443 | -$9,399 | -$9,399 | |
| 2756 SHS OF PFIZER INC | P | 2022-02-28 | $128,485 | $102,132 | $26,353 | $26,353 | |
| 1675 SHS OF REPAY HOLDINGS CORP | P | 2022-03-28 | $24,053 | $28,066 | -$4,013 | -$4,013 | 2020-01-29 |
| 375 SHS OF RINGCENTRAL INC | P | 2022-03-28 | $44,012 | $85,933 | -$41,921 | -$41,921 | |
| 2785 SHS OF SUNOPTA INC | P | 2022-06-01 | $22,890 | $20,125 | $2,765 | $2,765 | |
| 500 SHS OF TELADOC HEALTH INC | P | 2022-04-28 | $15,700 | $22,447 | -$6,747 | -$6,747 | |
| 4000 SHS OF VAPOTHERM INC | P | 2022-06-01 | $34,291 | $96,965 | -$62,674 | -$62,674 | |
| 1473 SHS OF VELO3D, INC | P | 2022-06-17 | $2,607 | $15,208 | -$12,601 | -$12,601 | |
| 2450 SHS OF WALGREEN BOOTS ALLIANCE INC | P | 2022-06-01 | $115,732 | $96,834 | $18,898 | $18,898 | |
| 744 SHS OF ZENDESK INC | P | 2022-03-04 | $89,249 | $51,928 | $37,321 | $37,321 | |
| WRITE OFF WORTHLESS INV IN BABYWISE | P | 2022-09-30 | $200,000 | -$200,000 | -$200,000 | 2018-06-30 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$38,012 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,791 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,791 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,791 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,000 | 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 | $6,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,209 | OverpaymentAmt |
| Applied To ES Tax | $2,209 | 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 | $7,540 | $30,176 | $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 | $89,777 | $14,053 | $0 |
| KARY ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | TRUSTEE | 20.00 | $37,955 | $5,885 | $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 | $80,149 | $41,892 | $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 $25M 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 | $405,218 | 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 | $2,833,978 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,529,726 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,894,149 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,257,853 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,257,853 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $108,868 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,148,985 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $357,449 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $357,449 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,791 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $4,877 | IncomeTaxAmt |
| Total Tax | $8,668 | TotalTaxAmt |
| Distributable Before Adj | $348,781 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $348,781 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $348,781 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $458,903 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $458,903 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $348,781 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $318,977 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $328,070 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $360,036 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $176,254 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $141,146 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,324,483 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $458,903 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $348,781 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $110,122 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,434,605 | 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 | $318,977 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,115,628 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $328,070 | ExcessFromYear4Amt |
| Excess From Year3 | $360,036 | ExcessFromYear3Amt |
| Excess From Year2 | $176,254 | ExcessFromYear2Amt |
| Excess From Year1 | $141,146 | ExcessFromYear1Amt |
| Excess From Current Year | $110,122 | 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 (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| OPTIONS UNITED | |||||||
| 690 VISTA DEL SOL | CAMARILLO | CA | 93010 | NONE | OTHER PUBLIC CHARITY | CHARITABLE AND RELIGIOUS SUPPORT | $10,000 |
| ROCKPOINTE CHURCH | |||||||
| 4503 CROSS TIMBERS ROAD | FLOWER MOUND | TX | 75028 | NONE | CHURCH | CHARITABLE AND RELIGIOUS SUPPORT | $10,000 |
| SKY RANCHES INC | |||||||
| 7616 LBJ FREEWAY STE 500 | DALLAS | TX | 75251 | NONE | OTHER PUBLIC CHARITY | CHARITABLE AND RELIGIOUS SUPPORTCHARITABLE AND RELIGIOUS SUPPORT | $10,000 |
| SURGE ASSOCIATION OF CHURCHES INC | |||||||
| 480 HIBISCUS ST APT 836 | WEST PALM BEACH | FL | 33401 | NONE | CHURCH | CHARITABLE AND RELIGIOUS SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $40,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $66 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $31,638 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531110 | BusinessCd |
| Unrelated Business Taxbl Incm | $92,973 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $262,019 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$38,012 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $92,973 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $255,711 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $348,684 | 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 Person | KARY AND MONICA ELDRED | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 RESERVE ST STE 460 | AddressLine1Txt |
| City | SOUTHLAKE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $6,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAX PREPARATION | $8,864 | $0 | $1,554 |
| ACCOUNTING & BOOKKEEPING | $37,000 | $0 | $6,487 |
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 | $2,247 | SL | 5.000000000000 | $749 | $0 |
| KARY'S OFFICE FUNITURE | 2019-06-29 | $838 | $135 | SL | 15.000000000000 | $56 | $0 |
| PAUL DOWNS CABINETS | 2021-11-04 | $5,835 | $32 | 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 | $90,589 | $84,125 |
| GALECTIN THERAPEUTICS | $100,000 | $109,130 |
| WILLIAM BLAIR-STOCKS | $1,742,335 | $1,977,059 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CEMOF II | AT COST | $86,032 | $109,597 |
| RIVERSTONE GLOBAL ENERGY | AT COST | $151,787 | $206,838 |
| LEGACY VENTURES VIII LLC | AT COST | $442,055 | $1,191,556 |
| ANONYOME LABS INC | AT COST | $114,088 | $114,088 |
| IRONSIDES DIRECT INV FUND | AT COST | $369,492 | $399,525 |
| GALECTIN THERAPEUTICS-RIGHTS | AT COST | $100,000 | $100,000 |
| CORTLAND III | AT COST | $0 | $181,764 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| 3 LCD TV'S FOR OFFICE | $1,447 | $1,447 | $0 |
| AVAYA IPO 500 SERVER SYSTEM | $11,216 | $11,216 | $0 |
| OFFICE SHREDDER | $1,013 | $1,013 | $0 |
| HEXAGON TABLE, BOOKCASE, 3 ARM CHAIRS | $622 | $622 | $0 |
| PRINTER/COPIER/SCANNER/FAX | $122 | $110 | $12 |
| APPLE MACBOOK PRO | $1,470 | $1,470 | $0 |
| DELL LATITUDE | $1,202 | $1,202 | $0 |
| LEASEHOLD IMPROVEMENTS-TX | $3,744 | $2,996 | $748 |
| KARY'S OFFICE FUNITURE | $838 | $191 | $647 |
| PAUL DOWNS CABINETS | $5,835 | $421 | $5,414 |
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 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CORTLAND III EARNINGS OFFSETTING NEGATIVE BASIS | Desc |
| Amt | $97,167 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| WORKERS COMPENSATION INSURANCE | $1,583 | $0 | $278 |
| PAYROLL & 401K ADMIN FEES | $2,006 | $0 | $352 |
| COMPUTER EXPENSES | $748 | $0 | $131 |
| DUES & SUBSCRIPTIONS | $181 | $0 | $32 |
| OFFICE AND POSTAGE EXPENSE | $1,942 | $0 | $340 |
| PROJECT SUPPORT - AHOP | -$55,151 | $0 | -$55,151 |
| INVESTMENT EXPENSES AND ADR FEES | $27,435 | $27,435 | $0 |
| INSURANCE | $716 | $0 | $126 |
| PROJECT SUPPORT-LSFCT | $405,218 | $0 | $405,218 |
| MEETING/MEALS | $4,144 | $0 | $727 |
| P/S LOSSES-RIVERSTONE & IRONSIDES | $25,390 | $25,390 | $0 |
| BANK CHARGES | $15 | $0 | $3 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PARTNERSHIP INCOME-LEGACY & CORTLAND | $346,791 | $346,791 | $346,791 |
| MISC INCOME | $8,201 | $8,201 | $8,201 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $14,128 | $2,189 | $2,093 |
| FOREIGN TAXES | $80 | $80 | $0 |
| TAXES-UBIT | $33,589 | $0 | $0 |
Comments