BETA

THE MARGARET AND AL HILL FAMILY: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
THE MARGARET AND AL HILL FAMILY (EIN 75-6010533)
Tax period
2022-03-01 to 2023-02-28
Filed
2023-03-23
IRS object ID
202320829349100312
Schema version
2022v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-03-23T17:18:44-05:00ReturnTs
Tax Period End2023-02-28TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750786316PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEAVER AND TIDWELL LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12300 N FIELD ST STE 1000AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75201ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-03-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN756010533EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MARGARET AND AL HILL FAMILYBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMARGBusinessNameControlTxt
Phone2149221100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12001 ROSS AVENUE 4600AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75201ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLYDA HILLPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2149221100PhoneNum
Signature2023-03-20SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLYDAPersonFirstNm
Person LastHILLPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJUSTIN W REEVESPreparerPersonNm
PTINP01248048PTIN
Phone9724901970PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
PF Status Term Sect507b1 AYes (X)PFStatusTermSect507b1AInd
Final ReturnYes (X)FinalReturnInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$109,432DividendsRevAndExpnssAmt
Dividends Net Invst Incm$109,432DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$413,542NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,231,362GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$413,542CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$3,254OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$0OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$526,228TotalRevAndExpnssAmt
Total Net Invst Incm$522,974TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$11,159LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$5,580LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$5,579LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$2,265AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,132AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,133AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$10OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$10OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$13,434TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,712TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$6,722TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$8,416,315ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$8,416,315ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$8,429,749TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,712TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$8,423,037TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$7,903,521ExcessRevenueOverExpensesAmt
Net Investment Income$516,262NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$95,306SavAndTempCashInvstBOYAmt
Corporate Stock BOY$5,477,222CorporateStockBOYAmt
Corporate Stock EOY$0CorporateStockEOYAmt
Corporate Stock EOYFMV$0CorporateStockEOYFMVAmt
Total Assets BOY$5,572,528TotalAssetsBOYAmt
Total Assets EOY$0TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$5,572,528RetainedEarningBOYAmt
Retained Earning EOY$0RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$5,572,528TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$0TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,572,528TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$0TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,572,528TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$7,903,521ExcessRevenueOverExpensesAmt
Other Increases$2,330,993OtherIncreasesAmt
Subtotal$0SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$0TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
1005 SHS - ISHARES BIOTECHNOLOGY ETFP2017-03-142022-11-15$135,468$100,489$34,979$34,979
1020 SHS - ISHARES BIOTECHNOLOGY ETFP2017-03-222022-11-15$137,490$99,309$38,181$38,181
2470 SHS - ISHARES US OIL & GAS EXPLOR & PROD ETFP2013-06-212022-11-15$260,281$176,111$84,170$84,170
2000 SHS - ISHARES US OIL & GAS EXPLOR & PROD ETFP2013-06-212022-11-15$210,754$142,640$68,114$68,114
950 SHS - ISHARES US OIL & GAS EXPLOR & PROD ETFP2013-10-102022-11-15$100,108$75,469$24,639$24,639
280 SHS - ISHARES US OIL & GAS EXPLOR & PROD ETFP2013-10-152022-11-15$29,506$22,855$6,651$6,651
1700 SHS - ISHARES US OIL & GAS EXPLOR & PROD ETFP2017-03-142022-11-15$179,141$101,084$78,057$78,057
1695 SHS - ISHARES US OIL & GAS EXPLOR & PROD ETFP2017-03-222022-11-15$178,614$99,863$78,751$78,751
FieldValueIRS element (for citing)
Capital Gain Net Income$413,542CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$7,176InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$7,176SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$7,176TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$4,500EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$4,500TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Tax Due$2,676TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved EtcYes (1)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateCOOrgReportOrRegisterStateCd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksFRANK MACKEYIndividualWithBooksNm
Phone2149221100PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12001 ROSS AVENUE SUITE 4600AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75201ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LYDA HILL
2001 ROSS AVENUE SUITE 4600DALLASTX75201PRESIDENT, TRUSTEE & C.O.B0.20$0$0$0
ALINDA H WIKERT
2101 CEDAR SPRINGS RD STE 1800DALLASTX752011585V.P. & TRUSTEE0.10$0$0$0
HEATHER H WASHBURNE
47 HIGHLAND PARK VILLAGE SUITE 200DALLASTX75205V.P. & TRUSTEE0.10$0$0$0
MICHAEL B WISENBAKER JR
2101 CEDAR SPRINGS RD STE 1800DALLASTX752011585TRUSTEE0.10$0$0$0
WESLEY HILL WISENBAKER
2101 CEDAR SPRINGS RD STE 1800DALLASTX752011585TRUSTEE0.05$0$0$0
ELISA HILL SUMMERS
47 HIGHLAND PARK VILLAGE SUITE 200DALLASTX75205TRUSTEE0.05$0$0$0
CODY M WIKERT
2101 CEDAR SPRINGS RD STE 1800DALLASTX752011585TRUSTEE0.05$0$0$0
MARGRETTA H WIKERT
2101 CEDAR SPRINGS RD STE 1800DALLASTX752011585SEC., TREAS. & TRUSTEE0.05$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,383,134AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$240,441AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,623,575TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$6,623,575AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$99,354CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,524,221NetVlNoncharitableAssetsAmt
Minimum Investment Return$326,211MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$326,211MinimumInvestmentReturnAmt
Tax Based On Investment Income$7,176TaxBasedOnInvestmentIncomeAmt
Total Tax$7,176TotalTaxAmt
Distributable Before Adj$319,035DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$319,035DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$319,035DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$8,423,037ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$8,423,037QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$319,035DistributableAsAdjustedAmt
Undistributed Income PY$420,542UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$8,423,037QualifyingDistributionsAmt
Applied To Year1$420,542AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$319,035AppliedToCurrentYearAmt
Remaining Distri From Corpus$7,683,460RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$7,683,460TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$7,683,460ExcessDistriCyovToNextYrAmt
Excess From Current Year$7,683,460ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
FRIENDS OF MOUNTAIN RESCUE
PO BOX 1094EDWARDSCO81632N/APCSUPPORT COMMUNITY ASSISTANCE PROGRAM$935,796
HUMANE SOCIETY OF THE PIKES PEAK REGION
610 ABBOT LNCOLORADO SPRINGSCO80905N/APCSUPPORT ANIMAL PROTECTION & WELFARE$936,013
PIKES PEAK COMMUNITY FOUNDATION
315 E PIKES PEAK AVE 120COLORADO SPRINGSCO80903N/APCSUPPORT COMMUNITY ASSISTANCE PROGRAM$5,607,414
TESSA
435 GOLD PASS HEIGHTSCOLORADO SPRINGSCO80906N/APCSUPPORT COMMUNITY ASSISTANCE PROGRAM$937,092
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$8,416,315TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$109,432ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$413,542ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescFEDERAL EXCISE TAX REFUNDDesc
Related Or Exempt Function Incm$3,254RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$522,974ExclusionAmt
Related Or Exempt Function Incm$3,254RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$526,228TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number11LineNumberTxt
Relationship StatementN/ARelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,265Amt
Net Investment Income$1,132NetInvestmentIncomeAmt
Disbursements Charitable Prps$1,133DisbursementsCharitablePrpsAmt

Applied To Prior Year Election AppliedToPriorYearElection

FieldValueIRS element (for citing)
ElectionPURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE ABOVE REFERENCED FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF:UNDISTRIBUTED INCOME FROM THE TAX YEAR ENDING:TAX YEAR AMOUNT 2007 $98,839SIGNED:______________________________ ____________________ LYDA HILL, PRESIDENT DATEElectionDesc

Dissolution Stmt DissolutionStmt

Dissolution Information DissolutionInformationGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdShort ExplanationShortExplanationTxtDissolutionDissolutionAmt
FRIENDS OF MOUNTAIN RESCUE
PO BOX 1094EDWARDSCO81632CONTRIBUTIONS OF PUBLICY TRADED STOCK WITH A FAIR MARKET VALUE OF $935,796 AND AN ORIGINAL COST BASIS OF $606,395.$935,796
HUMANE SOCIETY OF THE PIKES PEAK REGION
610 ABBOT LNCOLORADO SPRINGSCO80905CONTRIBUTIONS OF PUBLICY TRADED STOCK WITH A FAIR MARKET VALUE OF $936,013 AND AN ORIGINAL COST BASIS OF $606,570.$936,013
PIKES PEAK COMMUNITY FOUNDATION
315 E PIKES PEAK AVE 120COLORADO SPRINGSCO80903CASH CONTRIBUTIONS IN THE AMOUNT OF $488,828 AND PUBLICY TRADED STOCK WITH A FAIR MARKET VALUE OF $5,118,586 AND AN ORIGINAL COST BASIS OF $3,446,437.$5,607,414
TESSA
435 GOLD PASS HEIGHTSCOLORADO SPRINGSCO80906CASH CONTRIBUTIONS IN THE AMOUNT OF $937,092.$937,092

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART VII-B, QUESTION 1A(3)FormAndLineReferenceDesc
Medium ExplanationSTATEMENT REGARDING FURNISHING OR RECEIVING GOODS, ETC., TO OR FROM A DISQUALIFIED PERSON-PART VII-B, QUESTION 1A(3)LH CAPITAL, INC. ("LHC") IS A CORPORATION OF WHICH ALL THE OUTSTANDING STOCK IS OWNED BY LYDA HILL. LYDA HILL IS AN OFFICER AND TRUSTEE OF THE MARGARET AND AL HILL FAMILY FOUNDATION ("FOUNDATION"), AND A DISQUALIFIED PERSON WITH RESPECT TO IT. LHC MAKES AVAILABLE TO THE FOUNDATION, AS MAY BE REQUIRED FOR THE CONDUCT OF ITS ACTIVITIES, THE SERVICES OF CERTAIN OF ITS OFFICERS AND EMPLOYEES. THESE SERVICES ARE MADE AVAILABLE TO THE FOUNDATION WITHOUT ANY CHARGE FOR SALARIES, PAYROLL TAXES, EMPLOYEE BENEFITS, OR RELATED PERSONNEL COSTS. LIKEWISE, LHC MAKES NO CHARGE TO THE FOUNDATION FOR OCCUPANCY COSTS ASSOCIATED WITH ITS OFFICE SPACE NORMALLY OCCUPIED BY ITS OFFICERS AND EMPLOYEES WHILE PERFORMING SUCH SERVICES.MediumExplanationTxt

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationA RESOLUTION TO VOLUNTARILY LIQUIDATE AND DISSOLVE THE FOUNDATION WAS DULY ADOPTED BY THE BOARD OF TRUSTEES ON OCTOBER 20, 2022 AND THE CERTIFICATE OF TERMINATION WAS EXECUTED ON NOVEBMER 7, 2022. AT THAT TIME THE FINAL LIQUIDATION OF THE FOUNDATION'S ASSETS COMMENCED. THIS PLAN WAS ENTERED INTO UNDER INTERNAL REVENUE CODE SECTION 507(B)(1)(A).ExplanationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$11,159LegalFeesAmt
Net Investment Income$5,580NetInvestmentIncomeAmt
Disbursements Charitable Prps$5,579DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescLICENSES, PERMITS, & FEESDesc
Revenue And Expenses Per Books$10RevenueAndExpensesPerBooksAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$10DisbursementsCharitablePrpsAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescFEDERAL EXCISE TAX REFUNDDesc
Revenue And Expenses Per Books$3,254RevenueAndExpensesPerBooksAmt
Adjusted Net Income$3,254AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescBOOK/TAX DIFFERENCE IN SECURITIES DONATED TO PUBLIC CHARITIESDesc
Amt$2,330,993Amt

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