THE LOOPER FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE LOOPER FOUNDATION (EIN 76-0330594)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-13
- IRS object ID
- 202343179349102099
- 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
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-13T13:35:37-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760269860 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77027 | 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 | 760330594 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Looper Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOOP | BusinessNameControlTxt |
| Phone | 2813682734 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11757 Katy Freeway 1400 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77079 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Terry Looper | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 2813682734 | PhoneNum |
| Signature | 2023-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Terry | PersonFirstNm |
| Person Last | Looper | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Barbara Murphy | PreparerPersonNm |
| PTIN | P01386215 | PTIN |
| Phone | 7134395739 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $43,704,832 | 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 | $56,400 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $13,339 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $13,339 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $441,577 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $441,577 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,055,746 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,055,746 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $284,072 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,027,970 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $703,787 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,595,032 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,442,775 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $56,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $28,200 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $28,200 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $251,522 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $54,226 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $197,296 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $171,292 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,292 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $14,394 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $14,394 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $411,584 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $274,670 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $23 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $905,192 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $361,388 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $239,913 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,690,128 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,690,128 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,595,320 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $361,388 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,930,041 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$288 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,081,387 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $95,187 | CashBOYAmt |
| Cash EOY | $66,682 | CashEOYAmt |
| Cash EOYFMV | $66,682 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $31,312,043 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $10,798,750 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $10,798,750 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $9,997,365 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $10,055,848 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $2,720,030 | CorporateStockBOYAmt |
| Corporate Stock EOY | $16,330,262 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,369,723 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $9,573,258 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,507,171 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,413,829 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $43,700,518 | TotalAssetsBOYAmt |
| Total Assets EOY | $43,700,230 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $43,704,832 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $43,700,518 | RetainedEarningBOYAmt |
| Retained Earning EOY | $43,700,230 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,700,518 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $43,700,230 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $43,700,518 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $43,700,230 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,700,518 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$288 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $43,700,230 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $43,700,230 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Capital gain distributions | P | $62,543 | $62,543 | $62,543 |
| Passthrough - capital gain | P | $221,529 | $221,529 | $221,529 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $284,072 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,031 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $15,031 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $15,031 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,843 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $22,843 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $7,812 | OverpaymentAmt |
| Applied To ES Tax | $7,812 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Susan Connell | IndividualWithBooksNm |
| Phone | 2813682734 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11757 Katy Freeway Suite 1400 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77079 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| Terry Looper | ||||||||
| 11757 Katy Freeway Suite 1400 | Houston | TX | 77079 | President | 10.00 | $0 | $0 | $0 |
| Jeannie Lynn Able | ||||||||
| 11757 Katy Freeway Suite 1400 | Houston | TX | 77079 | Vice Pres. | 2.00 | $0 | $0 | $0 |
| Doris Looper | ||||||||
| 11757 Katy Freeway Suite 1400 | Houston | TX | 77079 | Secretary | 2.00 | $0 | $0 | $0 |
| Tanya Jean Pitre | ||||||||
| 11757 Katy Freeway Suite 1400 | Houston | TX | 77079 | Treasurer | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Hire Universe | |||||
| 5517 Aspen St | Houston | TX | 77081 | See Part VIII-A | $120,000 |
| Lynn Ziegenfuss | |||||
| 11965 Thomas Hayes Lane | San Diego | CA | 92126 | See Part VIII-A | $77,296 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | The Foundation engages consultants to advise its grantees in the areas of operating efficiency, community profile and awareness, relations among operating personnel, counseling and program evaluations. | Description1Txt |
| Expenses1 | $197,296 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $15,611,879 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $17,797,064 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $12,071,303 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $45,480,246 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $45,480,246 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $682,204 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $44,798,042 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,239,902 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,239,902 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,031 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $15,031 | TotalTaxAmt |
| Distributable Before Adj | $2,224,871 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,224,871 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,224,871 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,930,041 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,930,041 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,224,871 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $7,274,595 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $10,030,418 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,021,948 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $18,326,961 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,930,041 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,930,041 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $294,830 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $294,830 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $18,032,131 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $6,979,765 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $11,052,366 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $10,030,418 | ExcessFromYear4Amt |
| Excess From Year3 | $1,021,948 | ExcessFromYear3Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Terry Looper | ContributingManagerNm |
| Contributing Manager | Doris Looper | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Kanakuk Ministries | |||||||
| 1353 Lakeshore Dr | Branson | MO | 65616 | N/A | PC | General support | $42,333 |
| ECO | |||||||
| 5638 Hollister Avenue Suite 210 | Goleta | CA | 93117 | N/A | PC | Ordination process grant | $100,000 |
| Fuller Theological Seminary | |||||||
| 135 North Oakland Avenue | Pasadena | CA | 91182 | N/A | PC | Vocation formation grant | $120,900 |
| Fuller Theological Seminary | |||||||
| 135 North Oakland Avenue | Pasadena | CA | 91182 | N/A | PC | Center for Spiritual Formation | $110,000 |
| Fuller Theological Seminary | |||||||
| 135 North Oakland Avenue | Pasadena | CA | 91182 | N/A | PC | De Pree Leadership Center | $186,895 |
| Gordon-Conwell Theological Seminary Inc | |||||||
| 130 Essex Street | South Hamilton | MA | 01982 | N/A | PC | Discipleship grant | $300,000 |
| Grace School of Theology | |||||||
| 3705 College Park Drive | The Woodlands | TX | 77384 | N/A | PC | Discipleship grant | $25,000 |
| LC Pastoral Services Inc | |||||||
| 3202 Wildcandle Drive | Spring | TX | 77388 | N/A | PC | Staff support | $10,000 |
| Living Water International | |||||||
| 4001 Greenbriar Dr | Stafford | TX | 77477 | N/A | PC | Staff soul care grant | $150,000 |
| Houston Christian University | |||||||
| PO Box 4897 Dept 527 | Houston | TX | 77210 | N/A | PC | Faculty Formation Initiative | $75,000 |
| Praxis Inc | |||||||
| 409 West 45th St 3rd Floor | New York | NY | 10036 | N/A | PC | General support | $200,000 |
| Sacred Heart Catholic School | |||||||
| 401 West Leona Street | Uvalde | TX | 78801 | N/A | PC | Education grant | $10,000 |
| Young Life | |||||||
| PO Box 520 | Colorado Springs | CO | 80901 | N/A | PC | Staff Soul Care Initiative | $300,000 |
| Youth for Christ USA Inc | |||||||
| PO Box 4478 | Englewood | CO | 80155 | N/A | PC | General support | $25,000 |
| The Brookwood Community Inc | |||||||
| 1752 FM 1489 | Brookshire | TX | 77423 | N/A | PC | Event support | $10,000 |
| International Justice Mission | |||||||
| PO Box 96961 | Washington | DC | 20090 | N/A | PC | Soul care - Asia | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,690,128 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $13,339 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $441,577 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $771,674 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $284,072 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Passthrough K-1 income | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $290,900 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $737,070 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $1,062,574 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,476,058 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,538,632 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees | CategoryTxt |
| Amt | $56,400 | Amt |
| Net Investment Income | $28,200 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $28,200 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | Basis MethodBasisMethodTxt | Sales ExpenseSalesExpenseAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|
| Passthrough - LT capital gain UBI | Purchased | $16 | Cost | $0 | $16 |
| Passthrough - 1231 gain UBI | Purchased | $771,658 | Cost | $0 | $771,658 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 16,050 shs American Funds New World | $1,374,058 | $1,066,233 |
| 17,830 shs Vanguard Windsor II ADMI | $1,441,308 | $1,179,443 |
| 103,547 shs Blackstone Private Credit Fund Class I | $2,637,261 | $2,560,708 |
| 3,375 shs INVSC QQQ Trust SRS 1 ETF | $1,359,748 | $898,695 |
| 17,246 shs IShares MSCI EAFE ETF | $1,359,795 | $1,132,028 |
| 7,349 shs Vanguard Extended Market ETF | $1,359,639 | $976,388 |
| 26,577 shs Vanguard FTSE Developed Markets ETF | $1,359,929 | $1,115,437 |
| 11,721 shs Vanguard Real Estate ETF | $1,359,871 | $966,748 |
| 3,092 shs Vanguard S&P 500 ETF | $1,359,738 | $1,086,343 |
| 5,957 shs Vanguard Small Cap ETF | $1,358,910 | $1,093,348 |
| 9,221 shs Vanguard Value ETF | $1,360,005 | $1,294,352 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $9,997,365 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $10,055,848 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Encino Energy, LLC | AT COST | $873,465 | $350,000 |
| Salient Zarvona Energy Fund, LP | AT COST | $744,001 | $2,202,084 |
| StepStone Secondary Opportunities Fd LP | AT COST | $417,514 | $319,436 |
| Salient Zarvona Energy Fund II | AT COST | $1,343,834 | $2,928,251 |
| GP Invitation Fund I, LP | AT COST | $427,539 | $968,860 |
| Highcrest Private Credit Income Fund, LP | AT COST | $2,700,818 | $2,645,198 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Bank fees | $23 | $0 | $23 |
| K-1 expenses | $411,561 | $274,670 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Passthrough K-1 income | Desc |
| Revenue And Expenses Per Books | $1,027,970 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $703,787 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,027,970 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment management services | $54,226 | $54,226 | $0 |
| Nonprofit consult - see Part VIII-A | $197,296 | $0 | $197,296 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Federal tax | $167,000 | $0 | $0 |
| Foreign withholding tax | $4,292 | $4,292 | $0 |
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