THE LOOPER FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE LOOPER FOUNDATION (EIN 76-0330594)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2025-01-27
- IRS object ID
- 202500279349100625
- Schema version
- 2023v6.0
- 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
- 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 | 2025-01-27T13:50:39-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | 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 | 2023-01-01 | 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 | 2815961612 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 941148 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77094 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Terry Looper | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 2815961612 | PhoneNum |
| Signature | 2025-01-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| 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 |
| Preparation | 2025-01-27 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $39,874,282 | 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 | $72,779 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $26,436 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $26,436 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $886,580 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $886,580 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $619,729 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,617,095 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $487,761 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $488,026 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $355,825 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,093,550 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,756,602 | 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 | $78,479 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $39,239 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $39,240 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $231,729 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $24,009 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $207,720 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $33,247 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,247 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $6,528 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $6,528 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $249,656 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $27,660 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $599,639 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $98,155 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $253,488 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,051,693 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,051,693 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,651,332 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $98,155 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,305,181 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$4,557,782 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,658,447 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $66,682 | CashBOYAmt |
| Cash EOY | $671,769 | CashEOYAmt |
| Cash EOYFMV | $671,769 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $10,798,750 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,659,673 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,659,673 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $9,997,365 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $10,409,391 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $10,549,933 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $16,330,262 | CorporateStockBOYAmt |
| Corporate Stock EOY | $16,692,019 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,759,301 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $6,507,171 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,709,596 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $8,233,606 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $43,700,230 | TotalAssetsBOYAmt |
| Total Assets EOY | $39,142,448 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $39,874,282 | 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 | $43,700,230 | RetainedEarningBOYAmt |
| Retained Earning EOY | $39,142,448 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,700,230 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $39,142,448 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $43,700,230 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $39,142,448 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,700,230 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$4,557,782 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $39,142,448 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $39,142,448 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| Publicly traded securities | P | $10,397,000 | $9,997,366 | $399,634 | $399,634 |
| Capital gain distributions | P | $62,124 | $62,124 | $62,124 | |
| Passthrough - capital gain | P | $26,003 | $26,003 | $26,003 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $487,761 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $23,052 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $23,052 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $23,052 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $23,812 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $15,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $38,812 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $15,760 | OverpaymentAmt |
| Applied To ES Tax | $15,760 | 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 | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Amy Hampton | IndividualWithBooksNm |
| Phone | 2815961612 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 941148 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77094 | 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 | ||||||||
| PO Box 941148 | Houston | TX | 77094 | President | 10.00 | $0 | $0 | $0 |
| Jeannie Lynn Able | ||||||||
| PO Box 941148 | Houston | TX | 77094 | Vice President | 2.00 | $0 | $0 | $0 |
| Doris Looper | ||||||||
| PO Box 941148 | Houston | TX | 77094 | Secretary | 2.00 | $0 | $0 | $0 |
| Tanya Jean Pitre | ||||||||
| PO Box 941148 | Houston | TX | 77094 | 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 | $87,720 |
| 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 | $207,720 | Expenses1Amt |
| Description2 | The Foundation has supported YoungLives, a ministry of Young Life, in Kenya for many years. During 2023, the Foundation sent two individuals to Kenya to serve at three YoungLives camps for teen moms and their children. These moms range in age from 12 19 years old and predominately live in the slum neighborhood of Nairobi. The representatives of the Foundation helped provide childcare during the camp, gave new moms guidance on bonding with their babies, and provided encouragement to the moms and their families. | Description2Txt |
| Expenses2 | $6,528 | Expenses2Amt |
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 | $26,802,020 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $8,204,517 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $8,233,606 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $43,240,143 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $43,240,143 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $648,602 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $42,591,541 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,129,577 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,129,577 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $23,052 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $23,052 | TotalTaxAmt |
| Distributable Before Adj | $2,106,525 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,106,525 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,106,525 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,305,181 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $6,305,181 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,106,525 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $10,030,418 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,021,948 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $11,052,366 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,305,181 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,106,525 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,198,656 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $15,251,022 | 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 | $10,030,418 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,220,604 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,021,948 | ExcessFromYear4Amt |
| Excess From Current Year | $4,198,656 | ExcessFromCurrentYearAmt |
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 (30 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Alongside Inc | |||||||
| 6701 Alongside Lane | Richland | MI | 49083 | N/A | PC | Scholarship Grant | $75,000 |
| Cho-Yeh Camp and Conference Center | |||||||
| 2200 S Washington Ave | Livingston | TX | 77351 | N/A | PC | High School Camp Facilities | $333,333 |
| College Of Biblical Studies | |||||||
| 7000 Regency Square Blvd | Houston | TX | 77038 | N/A | PC | Disciple Initiative Grant | $225,000 |
| Crosswalk Center | |||||||
| 9800 Northwest Fwy Ste 514 | Houston | TX | 77092 | N/A | PC | Women's Discipleship Home Grant | $100,000 |
| ECO | |||||||
| 5638 Hollister Avenue Suite 210 | Goleta | CA | 93117 | N/A | PC | Ordination process grant | $136,700 |
| Fuller Theological Seminary | |||||||
| 135 North Oakland Avenue | Pasadena | CA | 91182 | N/A | PC | Vocation formation grant | $165,000 |
| Fuller Theological Seminary | |||||||
| 135 North Oakland Avenue | Pasadena | CA | 91182 | N/A | PC | Center for Spiritual Formation | $185,000 |
| Fuller Theological Seminary | |||||||
| 135 North Oakland Avenue | Pasadena | CA | 91182 | N/A | PC | De Pree Leadership Center | $200,000 |
| Fuller Theological Seminary | |||||||
| 135 North Oakland Avenue | Pasadena | CA | 91182 | N/A | PC | General support | $27,500 |
| Fuller Theological Seminary | |||||||
| 135 North Oakland Avenue | Pasadena | CA | 91182 | N/A | PC | Ministry support | $50,000 |
| Generous Giving | |||||||
| 3070 Lakecrest Circle Ste 400-145 | Lexington | KY | 40513 | N/A | PC | Stewardship Grant | $50,000 |
| Gordon-Conwell Theological Seminary Inc | |||||||
| 130 Essex Street | South Hamilton | MA | 01982 | N/A | PC | Discipleship grant | $300,000 |
| Grace Presbyterian Church | |||||||
| 10221 Ella Lee Lane | Houston | TX | 77024 | N/A | PC | Digital Silent Retreat | $1,660 |
| Grace School of Theology | |||||||
| 3705 College Park Drive | The Woodlands | TX | 77384 | N/A | PC | Discipleship grant | $25,000 |
| His Father's Heart Ministries | |||||||
| 2103 N Main St | Houston | TX | 77009 | N/A | PC | General support | $115,000 |
| Houston Christian University | |||||||
| PO Box 4897 Dept 527 | Houston | TX | 77210 | N/A | PC | Faculty Formation Initiative | $125,000 |
| International Justice Mission | |||||||
| PO Box 96961 | Washington | DC | 20090 | N/A | PC | Soul care - Asia | $125,000 |
| Leighton Ford Ministries | |||||||
| 2048 Carmel Rd | Charlotte | NC | 28226 | N/A | PC | Discipleship Grant | $7,500 |
| Living Water International | |||||||
| 4001 Greenbriar Dr | Stafford | TX | 77477 | N/A | PC | Flourish Program | $25,000 |
| Living Water International | |||||||
| 4001 Greenbriar Dr | Stafford | TX | 77477 | N/A | PC | Staff soul care grant | $200,000 |
| National Christian Charitable Foundation Inc | |||||||
| 1150 Sanctuary Pkwy Ste 350 | Alpharetta | GA | 30009 | N/A | PC | General support | $1,750,000 |
| Pulse Outreach | |||||||
| 600 S 9th St | Minneapolis | MN | 55404 | N/A | PC | Pulse 100 Grant - Training Grant | $200,000 |
| Young Life | |||||||
| PO Box 520 | Colorado Springs | CO | 80901 | N/A | PC | Discipleship Camps | $400,000 |
| Young Life | |||||||
| PO Box 520 | Colorado Springs | CO | 80901 | N/A | PC | Urban Ministry | $100,000 |
| Young Life | |||||||
| PO Box 520 | Colorado Springs | CO | 80901 | N/A | PC | Global Ministries | $100,000 |
| Young Life | |||||||
| PO Box 520 | Colorado Springs | CO | 80901 | N/A | PC | Support of Military Families | $95,000 |
| Young Life | |||||||
| PO Box 520 | Colorado Springs | CO | 80901 | N/A | PC | US Campership Fund | $100,000 |
| Young Life | |||||||
| PO Box 520 | Colorado Springs | CO | 80901 | N/A | PC | Staff Soul Care Initiative | $660,000 |
| Young Life | |||||||
| PO Box 520 | Colorado Springs | CO | 80901 | N/A | PC | Training Fund | $150,000 |
| Youth for Christ USA Inc | |||||||
| PO Box 4478 | Englewood | CO | 80155 | N/A | PC | Juvenile Justice Discipleship Program | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,051,693 | 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 | $26,436 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $886,580 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $131,968 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $487,761 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Passthrough K-1 income | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $111,668 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $376,358 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $243,636 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,777,135 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,020,771 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sorillo Investments LLC | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | $72,779 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Accounting fees | $72,779 | $36,389 | $36,390 |
| Tax compliance | $5,700 | $2,850 | $2,850 |
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 - 1231 gain UBI | Purchased | $131,221 | Cost | $0 | $131,221 |
| Passthrough - LT capital gain UBI | Purchased | $747 | Cost | $0 | $747 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 16,521 shs American Funds New World | $1,408,687 | $1,239,083 |
| 18,774 shs Vanguard Windsor II ADMI | $1,512,204 | $1,427,943 |
| 114,693 shs Blackstone Private Credit Fund Class I | $2,893,493 | $2,893,698 |
| 3,375 shs INVSC QQQ Trust SRS 1 ETF IV | $1,359,748 | $1,382,130 |
| 17,246 shs IShares MSCI EAFE ETF | $1,359,795 | $1,299,486 |
| 7,349 shs Vanguard Extended Market ETF | $1,359,639 | $1,208,322 |
| 26,577 shs Vanguard FTSE Developed Markets ETF | $1,359,929 | $1,273,038 |
| 11,721 shs Vanguard Real Estate ETF | $1,359,870 | $1,035,668 |
| 3,092 shs Vanguard S&P 500 ETF | $1,359,738 | $1,350,586 |
| 5,957 shs Vanguard Small Cap ETF IV | $1,358,911 | $1,270,807 |
| 9,221 shs Vanguard Value ETF | $1,360,005 | $1,378,540 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $10,409,391 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $10,549,933 | 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 | $837,448 | $350,000 |
| Salient Zarvona Energy Fund, LP | AT COST | $740,703 | $1,566,346 |
| StepStone Secondary Opportunities Fd LP | AT COST | $414,242 | $234,772 |
| Salient Zarvona Energy Fund II | AT COST | $1,343,834 | $2,581,137 |
| GP Invitation Fund I, LP | AT COST | $329,106 | $601,134 |
| Highcrest Private Credit Income Fund, LP | AT COST | $3,044,263 | $2,900,217 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 expenses | Desc |
| Revenue And Expenses Per Books | $249,656 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $27,660 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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 | $488,026 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $355,825 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $488,026 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment management services | $24,009 | $24,009 | $0 |
| Nonprofit consult - see Part VIII-A | $207,720 | $0 | $207,720 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Federal tax | $26,000 | $0 | $0 |
| Foreign withholding tax | $7,247 | $7,247 | $0 |
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