PETTY HEFTE FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- PETTY HEFTE FAMILY FOUNDATION (EIN 83-2174388)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-08
- IRS object ID
- 202303129349100425
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-08T10:44:08-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORVIS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8200 W Interstate 10 Suite 900 | AddressLine1Txt |
| City | San Antonio | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 782303806 | 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 | 832174388 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Petty Hefte Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SCOTT JAMES PETTY | InCareOfNm |
| Business Name Control | PETT | BusinessNameControlTxt |
| Phone | 2102256671 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1027 Austin Hwy Suite 200 | AddressLine1Txt |
| City | San Antonio | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78209 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SCOTT JAMES PETTY | PersonNm |
| Person Title | INCORPORATOR | PersonTitleTxt |
| Phone | 2102556571 | PhoneNum |
| Signature | 2023-07-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SCOTT JAMES | PersonFirstNm |
| Person Last | PETTY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Patricia Quintana-Perron | PreparerPersonNm |
| PTIN | P00077454 | PTIN |
| Phone | 2103419400 | PhoneNum |
| Preparation | 2023-07-30 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | $6,046,751 | 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 | $596,534 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $354 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $354 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $192,685 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $192,685 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $83,107 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,451,753 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $83,108 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $872,680 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $276,147 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $26,466 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $23,374 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $3,092 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,496 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,108 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $253 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $253 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $34,215 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $27,735 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,092 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $324,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $324,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $358,715 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $27,735 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $327,592 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $513,965 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $248,412 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $176,646 | CashBOYAmt |
| Cash EOY | $103,470 | CashEOYAmt |
| Cash EOYFMV | $103,470 | CashEOYFMVAmt |
| Acct Rcvbl | $8,443 | AcctRcvblAmt |
| Acct Rcvbl EOY | $8,443 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $8,443 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $3,427 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $39 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $39 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $5,807,413 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,944,223 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,934,799 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $5,987,486 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,056,175 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,046,751 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $499 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4,742 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $499 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,742 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $5,986,987 | CapitalStockBOYAmt |
| Capital Stock EOY | $6,051,433 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,986,987 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,051,433 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,987,486 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,056,175 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,986,987 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $513,965 | ExcessRevenueOverExpensesAmt |
| Subtotal | $6,500,952 | SubtotalAmt |
| Other Decreases | $449,519 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,051,433 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (38 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - ST COV | 2022-01-01 | 2022-12-31 | $616,988 | $714,259 | -$97,271 | -$97,271 | |
| PUBLICLY TRADED SECURITIES - LT COV | 2021-01-01 | 2022-12-31 | $2,416,732 | $2,225,723 | $191,009 | $191,009 | |
| PUBLICLY TRADED SECURITIES - LT NON-COV | 2021-01-01 | 2022-12-31 | $147,535 | $25,209 | $122,326 | $122,326 | |
| PUBLICLY TRADED SECURITIES - NO HLDG | 2021-01-01 | 2022-12-31 | $293 | $293 | $293 | ||
| PUBLICLY TRADED SECURITIES - ST COV | 2022-01-01 | 2022-12-31 | $7,436 | $8,017 | -$581 | -$581 | |
| PUBLICLY TRADED SECURITIES - LT COV | 2021-01-01 | 2022-12-31 | $96,946 | $78,872 | $18,074 | $18,074 | |
| PUBLICLY TRADED SECURITIES - ST COV | 2022-01-01 | 2022-12-31 | $4,417 | $6,900 | -$2,483 | -$2,483 | |
| PUBLICLY TRADED SECURITIES - LT COV | 2021-01-01 | 2022-12-31 | $12,902 | $15,727 | -$2,825 | -$2,825 | |
| PUBLICLY TRADED SECURITIES - ST COV | 2022-01-01 | 2022-12-31 | $7,019 | $7,363 | -$344 | -$344 | |
| PUBLICLY TRADED SECURITIES - LT COV | 2021-01-01 | 2022-12-31 | $19,667 | $16,092 | $3,575 | $3,575 | |
| PUBLICLY TRADED SECURITIES - ST COV | 2022-01-01 | 2022-12-31 | $71,786 | $76,245 | -$3,115 | -$4,459 | |
| PUBLICLY TRADED SECURITIES - ST COV | 2022-01-01 | 2022-12-31 | $534,918 | $584,531 | -$49,608 | -$49,613 | |
| PUBLICLY TRADED SECURITIES - ST COV | 2022-01-01 | 2022-12-31 | $1,067,337 | $1,227,882 | -$160,545 | -$160,545 | |
| PUBLICLY TRADED SECURITIES - LT COV | 2021-01-01 | 2022-12-31 | $1,050,370 | $987,556 | $62,814 | $62,814 | |
| PUBLICLY TRADED SECURITIES - ST COV | 2022-01-01 | 2022-12-31 | $131,056 | $134,359 | -$3,303 | -$3,303 | |
| PUBLICLY TRADED SECURITIES - ST NON-COV | 2022-01-01 | 2022-12-31 | $18,826 | $19,391 | -$565 | -$565 | |
| PUBLICLY TRADED SECURITIES - LT COV | 2021-01-01 | 2022-12-31 | $247,432 | $251,869 | -$4,437 | -$4,437 | |
| PUBLICLY TRADED SECURITIES - NO HLDG | 2021-01-01 | 2022-12-31 | $77 | $77 | $77 | ||
| FROM FORM 2439 - KIMCO REALTY CORPORATON | 2021-01-01 | 2022-12-31 | $16 | $16 | $16 | ||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P | |||||
| CAPITAL GAIN DIVIDENDS | $10,001 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $83,108 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,453 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,453 | SubtotalAmt |
| Tax Based On Investment Income | $3,453 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,300 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $12,300 | TotalPaymentsAndCreditsAmt |
| Overpayment | $8,847 | OverpaymentAmt |
| Applied To ES Tax | $8,847 | 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 |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCOTT JAMES PETTY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2102556571 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1027 AUSTIN HWY SUITE 200 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78209 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| Scott James Petty | ||||||||
| 1027 AUSTIN HWY SUITE 200 | San Antonio | TX | 78209 | President/Treasurer | 0 | $0 | $0 | $0 |
| Kathryn Ruth Hefte | ||||||||
| 1027 AUSTIN HWY SUITE 200 | San Antonio | TX | 78209 | Vice President/Secretary | 0 | $0 | $0 | $0 |
| Carson Hefte Petty | ||||||||
| 1027 AUSTIN HWY SUITE 200 | San Antonio | TX | 78209 | Assistant Treasurer | 0 | $0 | $0 | $0 |
| Harper Louise Petty | ||||||||
| 1027 AUSTIN HWY SUITE 200 | San Antonio | TX | 78209 | Assistant Secretary | 0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,859,710 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $232,237 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,091,947 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,091,947 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $91,379 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,000,568 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $300,028 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $300,028 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,453 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,453 | TotalTaxAmt |
| Distributable Before Adj | $296,575 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $296,575 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $296,575 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $327,592 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $327,592 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $296,575 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $301,456 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $327,592 | QualifyingDistributionsAmt |
| Applied To Year1 | $301,456 | AppliedToYear1Amt |
| Applied To Current Year | $26,136 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $270,439 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SCOTT JAMES PETTY | ContributingManagerNm |
| 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 | SEE PART XV SCHEDULE | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1027 AUSTIN HWY SUITE 200 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $324,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $324,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $354 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $192,685 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $83,107 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $276,146 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $276,146 | 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 | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| SCOTT JAMES PETTY KATHRYN HEFTE | |||||||
| 1 | 1027 AUSTIN HWY SUITE 200 | SAN ANTONIO | TX | 78209 | $297,531 | Yes (X) | Yes (X) |
| SCOTT JAMES PETTY KATHRYN HEFTE | |||||||
| 2 | 1027 Austin HWY Suite 200 | San Antonio | TX | 78209 | $299,003 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 3,860 SHARES OF VARIOUS SECURITIES (LIST AVAILABLE UPON REQUEST) | $297,531 | 2022-12-12 |
| 2 | 2,721 SHARES OF VARIOUS SECURITIES (LIST AVAILABLE UPON REQUEST) | $299,003 | 2022-09-16 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MORGAN STANLEY INVESTMENTS | $3,252,240 | $3,050,752 |
| FREEDOM 100 EMERGING MARKET | $233,818 | $223,633 |
| PARAMETRIC EAFE | $617,254 | $680,963 |
| PARAMETRIC EM | $247,907 | $243,465 |
| PARAMETRIC RUSSELL 3000 | $1,451,114 | $1,590,376 |
| FIRST EAGLE OVERSEAS FUND I | $141,890 | $145,610 |
| ARISTOTLE VALUE EQUITY | $0 | $0 |
| COLUMBIA SELECT LARGE CAP | $0 | $0 |
| ROYCE PREMIER FUND | $0 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJ. TO BRING CONTRUBUTED ASSETS TO FMV | Desc |
| Amt | $449,519 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER ADMINISTRATIVE EXPENSES | $223 | $223 |
| OTHER EXPENSES | $30 | $30 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTER-ENTITY A/P | Desc |
| BOY Book Value | $499 | BOYBookValueAmt |
| EOY Book Value | $4,742 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $20,282 | $20,282 | |
| OTHER LEGAL/ PROFESSIONAL FEES | $6,184 | $3,092 | $3,092 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $4,108 | $4,108 |
| FEDERAL TAXES | $3,388 |
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