LIVING ROCK FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- LIVING ROCK FOUNDATION (EIN 45-1656663)
- Tax period
- 2020-12-01 to 2021-11-30
- Filed
- 2022-03-21
- IRS object ID
- 202210809349100026
- Schema version
- 2020v4.2
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-03-21T19:08:49-05:00 | ReturnTs |
| Tax Period End | 2021-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 942767324 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEEBA & ASSOCIATES INCCPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1825 HAMILTON AVE | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 951255624 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 451656663 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIVING ROCK FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIVI | BusinessNameControlTxt |
| Phone | 8175325001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 RESERVE STREET STE 460 | AddressLine1Txt |
| City | SOUTHLAKE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALEX BRUBAKER | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 8175325001 | PhoneNum |
| Signature | 2022-03-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ALEX | PersonFirstNm |
| Person Last | BRUBAKER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID A SEEBA CPA | PreparerPersonNm |
| PTIN | P00747048 | PTIN |
| Phone | 4082647800 | 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 | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,042,811 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,127,598 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $5 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $36,229 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $36,229 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $191,447 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,435,213 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $191,447 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $677,986 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $305,485 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,033,265 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $533,166 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $210,464 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $38,275 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $23,562 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $4,285 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $100,346 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $18,249 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $38 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $7 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $49,278 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,962 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $50,399 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $36,691 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $2,493 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $837 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $15,907 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $2,893 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $97 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $18 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $455,088 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $66,419 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $378,620 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $906,016 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $103,110 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $453,802 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $62,300 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $62,300 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $968,316 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $103,110 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $516,102 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,064,949 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $430,056 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $185,376 | CashBOYAmt |
| Cash EOY | $124,870 | CashEOYAmt |
| Cash EOYFMV | $124,870 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,343,730 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $979,304 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $979,304 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $24,762 | AcctRcvblAmt |
| Acct Rcvbl BOY | $15,953 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $24,762 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $24,762 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $2,365,896 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,976,286 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,536,158 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,750,358 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,599,910 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,368,271 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $27,509 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $19,494 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,017 | LandBOYAmt |
| Land EOY | $8,015 | LandEOYAmt |
| Land EOYFMV | $8,015 | LandEOYFMVAmt |
| Other Assets BOY | $1,431 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,431 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,431 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $5,665,761 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,714,578 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,042,811 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $2,269 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $2,269 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $5,663,492 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $5,714,578 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,663,492 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,714,578 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,665,761 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,714,578 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,663,492 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,064,949 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $6,728,441 | SubtotalAmt |
| Other Decreases | $1,013,863 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,714,578 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (20 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|
| 1500 SHS OF OAK STREET HEALTH INC | 2021-06-01 | $47,663 | $75,424 | -$27,761 | -$27,761 | |
| 840 SHS OF EVERQUOTE INC | 2021-10-27 | $11,774 | $27,315 | -$15,541 | -$15,541 | 2021-05-07 |
| 4080 SHS OF CAMPBELL SOUP CO | 2021-10-15 | $169,435 | $192,877 | -$23,442 | -$23,442 | |
| 2000 SHS OF TREEHOUSE FOODS INC | 2021-08-23 | $72,340 | $89,114 | -$16,774 | -$16,774 | |
| 1300 SHS OF ECOARK HOLDINGS INC | 2021-08-17 | $5,513 | $20,455 | -$14,942 | -$14,942 | 2020-06-02 |
| 2655 SHS OF TREAN INSURANCE GROUP | 2021-08-12 | $28,231 | $37,966 | -$9,735 | -$9,735 | |
| 420 SHS OF FASTLY INC | 2021-08-05 | $14,602 | $17,624 | -$3,022 | -$3,022 | 2021-05-07 |
| 700 SHS OF QUIDEL CORP | 2021-06-01 | $75,716 | $117,392 | -$41,676 | -$41,676 | |
| 124 SHS OF KORNIT DIGITAL LTD | 2021-03-01 | $14,375 | $2,780 | $11,595 | $11,595 | 2020-04-06 |
| 50 SHS OF TELADOC HEALTH INC | 2021-03-01 | $11,407 | $1,748 | $9,659 | $9,659 | 2017-11-30 |
| 110 SHS OF OKTA INC | 2021-03-01 | $28,963 | $2,794 | $26,169 | $26,169 | 2017-12-20 |
| 135 SHS OF CARVANA CO | 2021-03-01 | $40,864 | $8,017 | $32,847 | $32,847 | 2020-04-08 |
| 250 SHS OF GOOSEHEAD INSURANCE INC | 2021-03-01 | $31,333 | $3,000 | $28,333 | $28,333 | 2018-04-27 |
| 1556 SHS OF TACTILE SYS TECHNOLOGY INC COM | 2021-06-01 | $88,409 | $16,282 | $72,127 | $72,127 | 2016-07-28 |
| 20 SHS OF CARGURUS INC | 2021-01-25 | $661 | $388 | $273 | $273 | 2020-03-25 |
| 750 SHS OF GOOSEHEAD INSURANCE INC | 2021-01-25 | $102,268 | $9,000 | $93,268 | $93,268 | 2018-04-27 |
| 600 SHS OF CHEWY INC CL A | 2021-06-01 | $63,477 | $31,556 | $31,921 | $31,921 | 2020-09-18 |
| 1275 SHS OF BJ'S RESTAURANTS INC | 2021-01-19 | $60,687 | $25,822 | $34,865 | $34,865 | 2020-05-05 |
| 1500 SHS OF BOINGO WIRELESS INC | 2020-12-02 | $21,495 | $21,757 | -$262 | -$262 | |
| 54,9478.46 SHS OF PIMCO LOW DURATION | 2021-06-01 | $546,000 | $542,455 | $3,545 | $3,545 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $191,447 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,978 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,978 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,978 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,280 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $20,280 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $14,302 | OverpaymentAmt |
| Applied To ES Tax | $6,000 | AppliedToESTaxAmt |
| Refund | $8,302 | 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 | MD | OrgReportOrRegisterStateCd |
| 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 | WWW.LIVINGROCKFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEX BRUBAKER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8175325001 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 RESERVE STREET STE 460 | AddressLine1Txt |
| City | SOUTHLAKE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | 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 |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| KENNETH A ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | CHAIRMAN/TRUSTEE | 20.00 | $7,569 | $30,289 | $0 |
| ROBERTA E ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | PRESIDENT/TRUSTEE | 2.00 | $0 | $0 | $0 |
| ALEX BRUBAKER | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | VICE PRESIDENT/TRUSTEE | 40.00 | $89,027 | $14,490 | $0 |
| KARY ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | TRUSTEE | 20.00 | $37,956 | $5,766 | $0 |
| MONICA ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| JUSTIN ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | TREASURER/TRUSTEE | 40.00 | $75,912 | $40,127 | $0 |
| RACHEL ELDRED | ||||||||
| 550 RESERVE STREET SUITE 460 | SOUTHLAKE | TX | 76092 | TRUSTEE | 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 |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description2 | THE FOUNDATION SUPPORTS THE ACTIVITIES OF LIVING STONES FOUNDATION CHARITABLE TRUST (A $21M VOLUNTEER-RUN PUBLIC CHARITY WHICH MAKES $1M-$2M OF ANNUAL GRANTS) BY PROVIDING PERSONNEL FOR PART-TIME SECRETARIAL, MANAGEMENT, AND ALTERNATIVE INVESTMENT IDENTIFICATION FUNCTIONS. | Description2Txt |
| Expenses2 | $442,609 | 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 | $4,635,660 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,135,027 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,281,757 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,052,444 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,052,444 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $120,787 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,931,657 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $396,583 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $396,583 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,978 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $15,649 | IncomeTaxAmt |
| Total Tax | $21,627 | TotalTaxAmt |
| Distributable Before Adj | $374,956 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $374,956 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $374,956 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $516,102 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $516,102 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $516,102 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $374,956 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $582,354 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $318,977 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $328,070 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $360,036 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $176,254 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,765,691 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $516,102 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $374,956 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $141,146 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,906,837 | 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 | $582,354 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,324,483 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $318,977 | ExcessFromYear4Amt |
| Excess From Year3 | $328,070 | ExcessFromYear3Amt |
| Excess From Year2 | $360,036 | ExcessFromYear2Amt |
| Excess From Year1 | $176,254 | ExcessFromYear1Amt |
| Excess From Current Year | $141,146 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | KENNETH A ELDRED | ContributingManagerNm |
| Contributing Manager | ROBERTA E ELDRED | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| COREM DEO ACADEMY | |||||||
| 417 OAKBEND DR 250 | LEWISVILLE | TX | 76226 | NONE | SCHOOL | EDUCATION AND RELIGIOUS SUPPORT | $10,000 |
| EVANGELICAL WORLD PRAYER CENTER | |||||||
| 6900 BILLTOWN ROAD | LOUISVILLE | KY | 40299 | NONE | CHURCH | CHARITABLE AND RELIGIOUS SUPPORT | $22,300 |
| SKY RANCHES INC | |||||||
| 7616 LBJ FREEWAY STE 500 | DALLAS | TX | 75251 | NONE | OTHER PUBLIC CHARITY | CHARITABLE AND RELIGIOUS SUPPORTCHARITABLE AND RELIGIOUS SUPPORT | $10,000 |
| ONE VOICE MINISTRIES | |||||||
| PO BOX 390460 | OMAHA | NE | 68139 | NONE | OTHER PUBLIC CHARITY | CHARITABLE AND RELIGIOUS SUPPORT | $10,000 |
| REALOPTIONS | |||||||
| 1671 THE ALAMEDA SUITE 101 | SAN JOSE | CA | 95126 | NONE | OTHER PUBLIC CHARITY | CHARITABLE SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $62,300 | 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 | $5 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $36,229 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531110 | BusinessCd |
| Unrelated Business Taxbl Incm | $372,501 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $305,485 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $191,447 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $372,501 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $533,166 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $905,667 | 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 Person | KENNETH AND ROBERTA ELDRED | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 RESERVE ST STE 460 | AddressLine1Txt |
| City | SOUTHLAKE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,124,598 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 4,715 SHS OF DOCUSIGN | NoncashPropertyDesc |
| Fair Market Value | $1,124,598 | FairMarketValueAmt |
| Received | 2021-11-24 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAX PREPARATION | $6,878 | $0 | $1,251 |
| ACCOUNTING & BOOKKEEPING | $42,400 | $0 | $7,711 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| 3 LCD TV'S FOR OFFICE | 2011-05-30 | $1,447 | $1,447 | SL | 5.000000000000 | $0 | $0 |
| AVAYA IPO 500 SERVER SYSTEM | 2011-07-01 | $11,216 | $11,216 | SL | 5.000000000000 | $0 | $0 |
| OFFICE SHREDDER | 2011-07-15 | $1,013 | $1,013 | SL | 7.000000000000 | $0 | $0 |
| HEXAGON TABLE, BOOKCASE, 3 ARM CHAIRS | 2011-09-01 | $622 | $622 | SL | 7.000000000000 | $0 | $0 |
| PRINTER/COPIER/SCANNER/FAX | 2013-06-17 | $122 | $110 | SL | 5.000000000000 | $0 | $0 |
| APPLE MACBOOK PRO | 2013-11-20 | $1,470 | $1,470 | SL | 5.000000000000 | $0 | $0 |
| DELL LATITUDE | 2015-10-23 | $1,202 | $1,202 | SL | 5.000000000000 | $0 | $0 |
| LEASEHOLD IMPROVEMENTS-TX | 2018-11-30 | $3,744 | $1,498 | SL | 5.000000000000 | $749 | $0 |
| KARY'S OFFICE FUNITURE | 2019-06-29 | $838 | $79 | SL | 15.000000000000 | $56 | $0 |
| PAUL DOWNS CABINETS | 2021-11-04 | $5,835 | SL | 15.000000000000 | $32 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SCHWAB-VARIOUS MUTUAL FUNDS | $941,934 | $943,921 |
| GALECTIN THERAPEUTICS | $100,000 | $225,993 |
| WILLIAM BLAIR-STOCKS | $1,934,352 | $3,366,244 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CEMOF II | AT COST | $164,886 | $154,122 |
| RIVERSTONE GLOBAL ENERGY | AT COST | $214,575 | $214,575 |
| LEGACY VENTURES VIII LLC | AT COST | $357,218 | $1,058,789 |
| ANONYOME LABS INC | AT COST | $114,088 | $114,088 |
| IRONSIDES DIRECT INV FUND | AT COST | $449,143 | $464,293 |
| BABYWISE | AT COST | $200,000 | $200,000 |
| GALECTIN THERAPEUTICS-RIGHTS | AT COST | $100,000 | $100,000 |
| CORTLAND PARTNERS III | AT COST | $0 | $62,404 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| 3 LCD TV'S FOR OFFICE | $1,447 | $1,447 | $0 |
| AVAYA IPO 500 SERVER SYSTEM | $11,216 | $11,216 | $0 |
| OFFICE SHREDDER | $1,013 | $1,013 | $0 |
| HEXAGON TABLE, BOOKCASE, 3 ARM CHAIRS | $622 | $622 | $0 |
| PRINTER/COPIER/SCANNER/FAX | $122 | $110 | $12 |
| APPLE MACBOOK PRO | $1,470 | $1,470 | $0 |
| DELL LATITUDE | $1,202 | $1,202 | $0 |
| LEASEHOLD IMPROVEMENTS-TX | $3,744 | $2,247 | $1,497 |
| KARY'S OFFICE FUNITURE | $838 | $135 | $703 |
| PAUL DOWNS CABINETS | $5,835 | $32 | $5,803 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $38 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSITS | Desc |
| BOY Book Value | $1,431 | BOYBookValueAmt |
| EOY Book Value | $1,431 | EOYBookValueAmt |
| EOYFMV | $1,431 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN ON DONATED SECURITIES | $930,368 |
| CORTLAND III EARNINGS OFFSETTING NEGATIVE BASIS | $83,495 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| WORKERS COMPENSATION INSURANCE | $110 | $0 | $20 |
| PAYROLL & 401K ADMIN FEES | $1,668 | $0 | $303 |
| COMPUTER EXPENSES | $956 | $0 | $174 |
| DUES & SUBSCRIPTIONS | $1,581 | $0 | $288 |
| OFFICE AND POSTAGE EXPENSE | $4,397 | $0 | $800 |
| PROJECT SUPPORT - AHOP | $168 | $0 | $168 |
| INVESTMENT EXPENSES AND ADR FEES | $29,939 | $29,939 | $0 |
| INSURANCE | $716 | $0 | $130 |
| PROJECT SUPPORT-LSFCT | $376,218 | $0 | $376,218 |
| MEETING/MEALS | $511 | $0 | $93 |
| P/S LOSSES-RIVERSTONE & LEGACY | $36,480 | $36,480 | $0 |
| RECRUITMENT & TRAINING | $2,344 | $0 | $426 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME-IRONSIDE & CORTLAND | Desc |
| Revenue And Expenses Per Books | $677,986 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $305,485 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $677,986 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $13,708 | $0 | $2,493 |
| FOREIGN TAXES | $42 | $42 | $0 |
| FEDERAL TAXES-UBIT | $36,649 | $36,649 | $0 |
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