HOUGHTON FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: HOUGHTON FAMILY FOUNDATION (EIN 87-2366915)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-05-05
IRS object ID: 202331259349100933
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
Form 990-PF
Schedule B
Investments Corp Stock Schedule
Land Etc Schedule2
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-05-05T12:36:49-04:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	470589915	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	AMGL PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1407	AddressLine1Txt
City	GRAND ISLAND	CityNm
State Abbreviation	NE	StateAbbreviationCd
ZIP	688021407	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	872366915	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HOUGHTON FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	HOUG	BusinessNameControlTxt
Phone	3083407632	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	655 SOLOMON LANE	AddressLine1Txt
City	TIPTON	CityNm
State Abbreviation	KS	StateAbbreviationCd
ZIP	67485	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PATRICIA HOUGHTON	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	3083407632	PhoneNum
Signature	2023-05-02	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	PATRICIA	PersonFirstNm
Person Last	HOUGHTON	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

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	MARCY J LUTH CPA	PreparerPersonNm
PTIN	P00078547	PTIN
Phone	3083811810	PhoneNum
Preparation	2023-05-02	PreparationDt

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$1,942,782	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$1,809,081	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$196	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$196	DividendsNetInvstIncmAmt
Total Rev And Expnss	$1,809,277	TotalRevAndExpnssAmt
Total Net Invst Incm	$196	TotalNetInvstIncmAmt
Taxes Rev And Expnss	$3	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$3	TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss	$150	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$150	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$153	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$153	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$500	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$500	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$653	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$153	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$500	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,808,624	ExcessRevenueOverExpensesAmt
Net Investment Income	$43	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$150,000	CashBOYAmt
Cash EOY	$54,350	CashEOYAmt
Cash EOYFMV	$54,350	CashEOYFMVAmt
Corporate Stock EOY	$323,329	CorporateStockEOYAmt
Corporate Stock EOYFMV	$307,487	CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$1,580,945	LandBldgEquipCostOrOtherBssAmt
Land EOY	$1,580,945	LandEOYAmt
Land EOYFMV	$1,580,945	LandEOYFMVAmt
Total Assets BOY	$150,000	TotalAssetsBOYAmt
Total Assets EOY	$1,958,624	TotalAssetsEOYAmt
Total Assets EOYFMV	$1,942,782	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$150,000	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$1,958,624	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$150,000	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$1,958,624	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$150,000	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$1,958,624	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$150,000	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,808,624	ExcessRevenueOverExpensesAmt
Subtotal	$1,958,624	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$1,958,624	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1	InvestmentIncomeExciseTaxAmt
Subtotal	$1	SubtotalAmt
Tax Based On Investment Income	$1	TaxBasedOnInvestmentIncomeAmt
Tax Due	$1	TaxDueAmt

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
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	PATRICIA HOUGHTON	IndividualWithBooksNm
Phone	3083407632	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	2108 WEST 3RD STREET	AddressLine1Txt
City	MCCOOK	CityNm
State Abbreviation	NE	StateAbbreviationCd
ZIP	69001	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	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
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
PATRICIA HOUGHTON
2108 WEST 3RD STREET	MCCOOK	NE	69001	PRESIDENT	1.00	$0	$0	$0
KEITH HOUGHTON
655 SOLOMON LANE	TIPTON	KS	67485	VICE PRES	1.00	$0	$0	$0
DEBRA HOUGHTON
655 SOLOMON LANE	TIPTON	KS	67485	SEC/TREAS	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$179,533	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$62,375	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$1,580,945	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,822,853	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$1,822,853	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$27,343	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$1,795,510	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$89,776	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$89,776	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1	TotalTaxAmt
Distributable Before Adj	$89,775	DistributableBeforeAdjAmt
Distributable Before Ded	$89,775	DistributableBeforeDedAmt
Distributable As Adjusted	$89,775	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$500	ExpensesAndContributionsAmt
Qualifying Distributions	$500	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$89,775	DistributableAsAdjustedAmt
Undistributed Income PY	$221	UndistributedIncomePYAmt
Qualifying Distributions	$500	QualifyingDistributionsAmt
Applied To Year1	$221	AppliedToYear1Amt
Applied To Current Year	$279	AppliedToCurrentYearAmt
Undistributed Income CY	$89,496	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	PATRICIA HOUGHTON	ContributingManagerNm
Contributing Manager	KEITH DEBRA HOUGHTON	ContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	PATRICIA HOUGHTON	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	655 SOLOMAN LANE	AddressLine1Txt
City	TIPTON	CityNm
State Abbreviation	KS	StateAbbreviationCd
ZIP	67485	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	3083407632	RecipientPhoneNum
Recipient Email Address	PLH@OCSMCCOOK.COM	RecipientEmailAddressTxt
Form And Info And Materials	WRITTEN APPLICATION WITH APPROPRIATE DOCUMENTATION.	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE	SubmissionDeadlinesTxt
Restrictions On Awards	GRANTS MADE TO TAX-EXEMPT ORGANIZATIONS AS DEFINED IN IRC SECTION 501(C)(3).	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VALLEY CHILD DEVELOPMENT CENTER	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	500 W A AVE	AddressLine1Txt
City	RED CLOUD	CityNm
State Abbreviation	NE	StateAbbreviationCd
ZIP	68970	ZIPCd

Field	Value	IRS element (for citing)
Grant Or Contribution Purpose	OPERATING SUPPORT	GrantOrContributionPurposeTxt
Amt	$500	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$500	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$196	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$196	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$196	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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Noncash ContributionNoncashContributionInd	Person ContributionPersonContributionInd
PATRICIA HOUGHTON
1	2108 WEST 3RD ST	MCCOOK	NE	69001	$169,741	Yes (X)
KEITH DEBRA HOUGHTON
2	655 SOLOMON LANE	TIPTON	KS	67485	$1,639,340	Yes (X)	Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
1	APPLE STOCK - 946 SHARES	$128,136	2022-12-21
1	2016 GMC PICKUP WITH BLADE	$41,605	2022-12-27
2	GRASS LAND (721.03 ACRES)	$1,539,340	2022-12-28

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	LPL FINANCIAL	StockNm
EOY Book Value	$323,329	EOYBookValueAmt
EOYFMV	$307,487	EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
PICKUP & BLADE	$41,605	$41,605	$41,605
GRASS LAND (721.03 ACRES)	$1,539,340	$1,539,340	$1,539,340

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK CHARGES	$150	$150

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FOREIGN TAXES	CategoryTxt
Amt	$3	Amt
Net Investment Income	$3	NetInvestmentIncomeAmt

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