CARL J AND MARGOT A JOHNSON FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CARL J AND MARGOT A JOHNSON FOUNDATION (EIN 25-1675809)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-14
- IRS object ID
- 202511349349104621
- Schema version
- 2024v5.1
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-14T13:50:16-07:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 274510644 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Philip T Charon and Co PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6220 Colleyville Blvd Suite A | AddressLine1Txt |
| City | Colleyville | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76034 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 251675809 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CARL J AND MARGOT A JOHNSON FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARL | BusinessNameControlTxt |
| Phone | 4125126764 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1409 Brighton Circle | AddressLine1Txt |
| City | Lawrence | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66049 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CARL J JOHNSON | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 4125126764 | PhoneNum |
| Signature | 2025-04-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Philip T Charon | PreparerPersonNm |
| PTIN | P01442771 | PTIN |
| Phone | 8179443040 | PhoneNum |
| Preparation | 2025-05-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $53,789,582 | 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 |
| Interest On Sav Rev And Expnss | $38 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $38 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $12,890 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $12,890 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,973,191 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,540,235 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,973,191 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $481,944 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$3,055 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,468,063 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,983,064 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $15,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $15,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $18,575 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $18,575 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $8,774 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,774 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $10,748 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $10,748 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $0 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $336 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $336 | OccupancyNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $1,406 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $1,406 | TravConfMeetingNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $4,064 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,064 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $58,903 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $58,903 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,397,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,397,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,455,903 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $58,903 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,397,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $5,012,160 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,924,161 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $205,280 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $61,648 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $61,648 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $0 | AcctRcvblAmt |
| Acct Rcvbl Allwnc Dbtfl Acct | $0 | AcctRcvblAllwncDbtflAcctAmt |
| Acct Rcvbl BOY | $32,413 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl BOY | $5,082,467 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $12,146,867 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $12,146,867 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $5,561,917 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,324,325 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,876,244 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,145,000 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,145,000 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $2,414 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $2,414 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $23,559,007 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $23,555,951 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $23,555,952 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $458,659 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,871 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,871 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $34,899,743 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,237,662 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $53,789,582 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $9,587,099 | CapitalStockBOYAmt |
| Capital Stock EOY | $9,916,557 | CapitalStockEOYAmt |
| Retained Earning BOY | $25,312,644 | RetainedEarningBOYAmt |
| Retained Earning EOY | $30,321,105 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $34,899,743 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $40,237,662 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $34,899,743 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $40,237,662 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $34,899,743 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $5,012,160 | ExcessRevenueOverExpensesAmt |
| Other Increases | $329,458 | OtherIncreasesAmt |
| Subtotal | $40,241,361 | SubtotalAmt |
| Other Decreases | $3,699 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $40,237,662 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Coherent Corp - All Sales | D | 1991-12-18 | 2024-12-31 | $8,021,823 | $0 | $2,235,529 | $5,786,294 | $0 | $0 | $0 | $5,786,294 |
| Publicly Traded Securites | P | 2016-12-20 | 2024-01-02 | $185,624 | $0 | $156,222 | $29,402 | $0 | $0 | $0 | $29,402 |
| Publicly Traded Securities | P | 2020-03-11 | 2024-01-02 | $332,786 | $0 | $175,291 | $157,495 | $0 | $0 | $0 | $157,495 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,973,191 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $82,346 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $82,346 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $82,346 | TaxBasedOnInvestmentIncomeAmt |
| Original Return Tax Paid | $0 | OriginalReturnTaxPaidAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $208 | EsPenaltyAmt |
| Tax Due | $82,554 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Joseph D Brookhart | IndividualWithBooksNm |
| Phone | 7233987940 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9335 Sara Gulch Way | AddressLine1Txt |
| City | Parker | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80138 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|---|---|
| CARL J JOHNSON | ||||||||
| 90 ELISABETH WAY | MCKINNEY | TX | 75069 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| JAMIE BROOKHART | ||||||||
| 700 Maple Creek Dr | MCKINNEY | TX | 75069 | TRUSTEE | 3.00 | $0 | $0 | $0 |
| JD BROOKHART | ||||||||
| 700 Maple Creek Dr | FAIRVIEW | TX | 75069 | EXECUTIVE DIRECTOR | 15.00 | $15,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| John Trepl II | |||||
| 24040 Camino del Avion A107 | Dana Point | CA | 92629 | Engineering | $119,313 |
| Joseph Ryan Brookhart | |||||
| 9335 Sara Gulch Way | Parker | CO | 80138 | Investment Advisor | $60,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $48,159,026 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $620,889 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $644,350 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $49,424,265 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $49,424,265 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $741,364 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $48,682,901 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,434,145 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,434,145 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $82,346 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $82,346 | TotalTaxAmt |
| Distributable Before Adj | $2,351,799 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,351,799 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,351,799 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,397,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,397,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,351,799 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,397,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,218,403 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $178,597 | RemainingDistriFromCorpusAmt |
| Total Corpus | $178,597 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,133,396 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $178,597 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $178,597 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CARL J JOHNSON | ContributingManagerNm |
| Shareholder Manager | CARL J JOHNSON | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Purdue University | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Hovde Hall Administration | AddressLine1Txt |
| City | West Lafayette | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47907 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | Higher Edu501(c)(3) | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Furtherence of Wafer Fab Engineering Technology | GrantOrContributionPurposeTxt |
| Amt | $1,397,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,397,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $38 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $12,890 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,973,191 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Alternative Investments | Desc |
| Exclusion | 14 | ExclusionCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $5,986,119 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,986,119 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | P T Charon CPA PLLC Acctg & Tax | CategoryTxt |
| Amt | $8,774 | Amt |
| Net Investment Income | $8,774 | NetInvestmentIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (32 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| Coherent Corp Common Stock - 5,000 shs | 1991-12 | Donated | 2024-01 | $224,724 | $93,500 | $131,224 |
| Coherent Corp Common Stock - 6,500 shs | 1991-12 | Donated | 2024-01 | $301,322 | $116,876 | $184,446 |
| Coherent Corp Common Stock - 1,000 shs | 1991-12 | Donated | 2024-02 | $49,335 | $18,700 | $30,635 |
| Coherent Corp Common Stock - 9,000 shs | 1991-12 | Donated | 2024-02 | $561,886 | $168,300 | $393,586 |
| Coherent Corp Common Stock - 3,397 shs | 1991-12 | Donated | 2024-02 | $199,980 | $63,525 | $136,455 |
| Coherent Corp Common Stock - 8,000 shs | 1991-12 | Donated | 2024-03 | $531,834 | $149,600 | $382,234 |
| Coherent Corp Common Stock - 10,000 shs | 1991-12 | Donated | 2024-03 | $633,025 | $187,000 | $446,025 |
| Coherent Corp Common Stock - 1,700 shs | 1991-12 | Donated | 2024-04 | $97,794 | $31,790 | $66,004 |
| Coherent Corp Common Stock - 2,000 shs | 1991-12 | Donated | 2024-04 | $112,404 | $37,400 | $75,004 |
| Coherent Corp Common Stock - 4,000 shs | 1991-12 | Donated | 2024-04 | $203,622 | $74,800 | $128,822 |
| Coherent Corp Common Stock - 9,500 shs | 1991-12 | Donated | 2024-04 | $526,290 | $177,650 | $348,640 |
| Coherent Corp Common Stock - 4,000 shs | 1991-12 | Donated | 2024-05 | $231,609 | $74,800 | $156,809 |
| Coherent Corp Common Stock - 4,000 shs | 1991-12 | Donated | 2024-05 | $217,765 | $74,800 | $142,965 |
| Coherent Corp Common Stock - 1,700 shs | 1991-12 | Donated | 2024-05 | $101,341 | $31,790 | $69,551 |
| Coherent Corp Common Stock - 12,000 shs | 1991-12 | Donated | 2024-06 | $782,258 | $224,400 | $557,858 |
| Coherent Corp Common Stock - 5,000 shs | 1991-12 | Donated | 2024-08 | $330,535 | $93,500 | $237,035 |
| Coherent Corp Common Stock - 5,000 shs | 1991-12 | Donated | 2024-08 | $395,853 | $93,500 | $302,353 |
| Coherent Corp Common Stock - 5,000 shs | 1991-12 | Donated | 2024-08 | $351,322 | $93,500 | $257,822 |
| Coherent Corp Common Stock - 13,000 shs | 1991-12 | Donated | 2024-09 | $1,135,685 | $243,100 | $892,585 |
| Coherent Corp Common Stock - 10,000 shs | 1991-12 | Donated | 2024-10 | $1,033,241 | $187,000 | $846,241 |
| Alphabet Inc 300shs | 2020-03 | Purchased | 2024-01 | $42,126 | $18,050 | $24,076 |
| Amazon Com Inc 200shs | 2020-03 | Purchased | 2024-01 | $30,743 | $18,192 | $12,551 |
| Apple Inc 252 shs | 2020-03 | Purchased | 2024-01 | $48,879 | $17,434 | $31,445 |
| Cisco Systems Inc 473 shs | 2020-03 | Purchased | 2024-01 | $23,884 | $17,381 | $6,503 |
| Costco Whlsle Corp 58shs | 2020-03 | Purchased | 2024-01 | $38,426 | $17,249 | $21,177 |
| Disney Walt Co 168 shs | 2020-03 | Purchased | 2024-01 | $15,202 | $17,402 | -$2,200 |
| ETF Ser Solutions Range Cancer 4450 shs | 2016-12 | Purchased | 2024-01 | $61,410 | $93,253 | -$31,843 |
| Lowes Cos Inc 176 shs | 2020-03 | Purchased | 2024-01 | $39,234 | $17,515 | $21,719 |
| Meta Platforms Inc 102 shs | 2020-03 | Purchased | 2024-01 | $36,745 | $17,328 | $19,417 |
| Prologis Inc 233 shs | 2020-03 | Purchased | 2024-01 | $31,225 | $17,334 | $13,891 |
| Select Sector SPDR Hlth Care 910 shs | 2016-12 | Purchased | 2024-01 | $124,214 | $62,969 | $61,245 |
| VISA Inc 101 shs | 2020-03 | Purchased | 2024-01 | $26,322 | $17,406 | $8,916 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Federated Hermes MNY MKT | BondNm |
| EOY Book Value | $1,145,000 | EOYBookValueAmt |
| EOYFMV | $1,145,000 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Coherent Corp | StockNm |
| EOY Book Value | $3,324,325 | EOYBookValueAmt |
| EOYFMV | $16,876,244 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $2,414 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $2,414 | AccumulatedDepreciationAmt |
| Book Value | $0 | BookValueAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Millenium International FOCUS cl GG | $334,856 | $334,856 |
| Engaged Capital | $471,095 | $471,096 |
| SemiQ, Inc | $22,750,000 | $22,750,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Sherrod, German & Kelly Legal | CategoryTxt |
| Legal Fees | $18,575 | LegalFeesAmt |
| Net Investment Income | $18,575 | NetInvestmentIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Unsettled Trade Activity | $0 | $3,871 | $3,871 |
| Perdue Project | $458,659 | $0 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 2021 Income Tax paid | Desc |
| Amt | $3,699 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Telephone/Internet | ||
| Liability Ins | $4,064 | $4,064 |
| Postage/Mail Svc |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Alternative Investments | -$3,055 | -$3,055 |
| Misc Income | $1,653 | |
| Unrealized Gain-Contributed Personal Property | $483,346 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Basis Adj Inherited Capital Stock | Desc |
| Amt | $329,458 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| First Republic Brokerage | $148 | $148 |
| Cabrillo Advisors Valuation Firm | $10,600 | $10,600 |
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