R HUGH ELLIOTT FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- R HUGH ELLIOTT FAMILY FOUNDATION (EIN 37-1557038)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-06-20
- IRS object ID
- 202501719349100215
- Schema version
- 2024v5.1
- 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
- Applied To Prior Year Election
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-06-20T13:12:22-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 471988668 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PUCKETT CLEMENT AND SCHELLENBERG PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 W LONG LAKE RD STE 200 | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48098 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 371557038 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | R HUGH ELLIOTT FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ELLI | BusinessNameControlTxt |
| Phone | 2484752000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1882 POND RUN ROAD | AddressLine1Txt |
| City | AUBURN HILLS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 483262768 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | R HUGH ELLIOTT | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 2484752000 | PhoneNum |
| Signature | 2025-06-20 | 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 | JAMES A CLEMENT CPA | PreparerPersonNm |
| PTIN | P00153947 | PTIN |
| Phone | 2489529520 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $23,028,618 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,741,600 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $145,334 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $145,334 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $694,306 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $694,306 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $450,116 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,924,587 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $600,740 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $201 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $201 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,031,557 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,440,581 | 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 |
| Other Expenses Rev And Expnss | $111,460 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $111,460 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $111,460 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $111,460 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,090,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,090,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,201,460 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $111,460 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,090,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,830,097 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,329,121 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $502,832 | CashBOYAmt |
| Cash EOY | $1,866,864 | CashEOYAmt |
| Cash EOYFMV | $1,866,864 | CashEOYFMVAmt |
| US Government Obligations BOY | $2,098,620 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,100,869 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,101,235 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $13,461,482 | CorporateStockBOYAmt |
| Corporate Stock EOY | $15,930,088 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $19,079,629 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,077,357 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $155,498 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $148,577 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $613,232 | OtherAssetsBOYAmt |
| Other Assets EOY | $530,301 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $832,313 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $17,753,523 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,583,620 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $23,028,618 | 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 | $17,753,523 | RetainedEarningBOYAmt |
| Retained Earning EOY | $19,583,620 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,753,523 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $19,583,620 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,753,523 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $19,583,620 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,753,523 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,830,097 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $19,583,620 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $19,583,620 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (23 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 200000 UNITS DTE ELECTIC CO MTG | P | 2024-02-26 | 2024-03-15 | $200,000 | $199,996 | $4 | $4 |
| 250000 UNITS GOLDMAN SACHS GRP | P | 2024-02-26 | 2024-11-01 | $250,000 | $250,000 | $0 | $0 |
| 1870 SHS NVIDIA CORP | D | 2024-08-06 | $200,361 | $10,360 | $190,001 | $190,001 | |
| 250000 UNITS ROYAL BANK OF CANADA | P | 2023-03-01 | 2024-02-16 | $250,000 | $250,000 | $0 | $0 |
| 1550 SHS ALPHABET INC CL C | D | 2024-08-06 | $250,691 | $70,534 | $180,157 | $180,157 | |
| 1500 SHS ALPHABET INC CL A | P | 2019-12-24 | 2024-08-06 | $239,903 | $44,499 | $195,404 | $195,404 |
| 60 SHS ALPHABET INC CL A | P | 2011-12-29 | 2024-08-06 | $9,596 | $839 | $8,757 | $8,757 |
| 600 SHS AMAZON | P | 2018-11-20 | 2024-08-06 | $98,562 | $44,846 | $53,716 | $53,716 |
| 480 SHS APPLE INC | P | 2020-03-16 | 2024-08-06 | $100,363 | $30,273 | $70,090 | $70,090 |
| 615 SHS CONSTELLATION BRANDS | P | 2019-11-19 | 2024-08-06 | $147,743 | $102,699 | $45,044 | $45,044 |
| 1385 SHS DIAGEO PLC | P | 2020-02-13 | 2024-08-06 | $168,202 | $173,492 | -$5,290 | -$5,290 |
| 4270 SHS INTEL COPR | P | 2022-10-28 | 2024-08-06 | $85,584 | $143,416 | -$57,832 | -$57,832 |
| 250000 UNITS JPMORGAN CHASE | P | 2023-03-01 | 2024-11-29 | $250,000 | $250,000 | $0 | $0 |
| 71 SHS LAUDER ESTEE | P | 2019-12-27 | 2024-08-06 | $6,670 | $14,747 | -$8,077 | -$8,077 |
| 1000 SHS QUALCOMM INC | P | 2022-01-26 | 2024-08-06 | $162,230 | $168,420 | -$6,190 | -$6,190 |
| 500000 UNITS US TREASURY NOTE | P | 2023-03-20 | 2024-10-31 | $500,000 | $500,000 | $0 | $0 |
| 500000 UNITS US TREASURY NOTE | P | 2023-03-01 | 2024-12-02 | $500,000 | $500,000 | $0 | $0 |
| 427 SHS MEDTRONIC | P | 2020-04-13 | 2024-08-06 | $34,682 | $47,070 | -$12,388 | -$12,388 |
| 100000 UNITS BANK OF AMERICA | P | 2019-03-25 | 2024-10-23 | $100,000 | $108,610 | -$8,610 | -$8,610 |
| 1000000 UNITS FIDELITY FUNDS | P | 2023-03-20 | 2024-12-10 | $1,000,000 | $1,000,000 | $0 | $0 |
| 100000 UNITS JPMORGAN CHASE | P | 2017-02-10 | 2024-05-01 | $100,000 | $110,625 | -$10,625 | -$10,625 |
| 270000 UNITS JPMORGAN CHASE | P | 2017-07-26 | 2024-04-30 | $270,000 | $303,418 | -$33,418 | -$33,418 |
| 1000000 UNITS FIDELITY FUNDS | P | 2022-12-28 | 2024-04-04 | $1,000,000 | $1,000,003 | -$3 | -$3 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $600,740 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $18,475 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $18,475 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $18,475 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,507 | 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 | $18,507 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $32 | OverpaymentAmt |
| Applied To ES Tax | $32 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | 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 | R HUGH ELLIOTT | IndividualWithBooksNm |
| Phone | 2484752000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1882 POND RUN | AddressLine1Txt |
| City | AUBURN HILLS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48326 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| R HUGH ELLIOTT | ||||||||
| 1882 POND RUN ROAD | AUBURN HILLS | MI | 48326 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| NANCY N ELLIOTT | ||||||||
| 1882 POND RUN ROAD | AUBURN HILLS | MI | 48326 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| CHAD K ELLIOTT | ||||||||
| 1882 POND RUN ROAD | AUBURN HILLS | MI | 48326 | DIRECTOR | 0.25 | $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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLS FARGO ADVISORS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2801 MARKET STREET | AddressLine1Txt |
| City | SAINT LOUIS | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 63103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISORY SERVICES | ServiceTypeTxt |
| Compensation | $111,446 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $20,540,010 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $653,903 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $21,193,913 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $21,193,913 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $317,909 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,876,004 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,043,800 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,043,800 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $18,475 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $18,475 | TotalTaxAmt |
| Distributable Before Adj | $1,025,325 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,025,325 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,025,325 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,090,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,090,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,025,325 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $696,897 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,090,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $696,897 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $393,103 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $632,222 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | R HUGH ELLIOTT | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | R HUGH ELLIOTT | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1882 POND RUN ROAD | AddressLine1Txt |
| City | AUBURN HILLS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48326 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2484752000 | RecipientPhoneNum |
| Form And Info And Materials | NO FORM PROVIDED - INFORMATION WILL VARY DEPENDING UPON PROPOSAL. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| JUPITER MEDICAL CENTER | ||||||
| 1210 SOUTH OLD DIXIE HWY | JUPITER | FL | 33458 | N/A | GENERAL FUND DONATION | $1,000,000 |
| JUPITER FIRST CHURCH | ||||||
| 1475 INDIAN CREEK PKWY | JUPITER | FL | 33458 | N/A | GENERAL FUND DONATION | $2,500 |
| SAVE THE GIRAFFES NOW | ||||||
| 8333 DOUGLAS AVE STE 300 | DALLAS | TX | 75225 | N/A | GENERAL FUND DONATION | $2,500 |
| OAKLAND UNIVERSITY GOLF PROGRAM | ||||||
| JOHN DODGE HOUSE 507 GOLF VIEW | ROCHESTER | MI | 48309 | N/A | PROVIDE SUPPORT OF PUBLIC UNIVERSITY-GOLF PROGRAM | $85,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,090,000 | 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) |
|---|---|---|
| Related Or Exempt Function Incm | $145,334 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $694,306 | RelatedOrExemptFunctionIncmAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $201 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $450,116 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,289,957 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,289,957 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | INTEREST FROM INVESTMENTS TO PROVIDE FOR FUTURE FUNDING |
| 4 | DIVIDENDS FROM INVESTMENTS TO PROVIDE FOR FUTURE FUNDING |
| 8 | GAINS FROM INVESTMENTS TO PROVIDE FOR FUTURE FUNDING |
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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| R HUGH ELLIOTT | |||||||
| 1 | 425 BEACH ROAD APT 10R | JUPITER | FL | 334693806 | $800,000 | Yes (X) | |
| R HUGH ELLIOTT | |||||||
| 2 | 425 BEACH ROAD APT 10R | JUPITER | FL | 334693806 | $941,600 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 4000 SHARES JP MORGAN CHASE | NoncashPropertyDesc |
| Fair Market Value | $941,600 | FairMarketValueAmt |
| Received | 2024-12-20 | ReceivedDt |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | PURSUANT TO CODE 4942(H)(2) AND REG 53.4942(A)-3(D)(2), THE R HUGH ELLIOTFOUNDATION ELECTS TO TREAT CURRENT YEAR EXCESS QUALIFYING DISTRIBUTIONS TO PRIOR YEARS. | ElectionDesc |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | WELLS FARGO #1082 | BondNm |
| EOY Book Value | $155,498 | EOYBookValueAmt |
| EOYFMV | $148,577 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| WELLS FARGO #1082 | $8,995,496 | $12,696,669 |
| WELLS FARGO #7168 | $6,934,592 | $6,382,960 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,100,869 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,101,235 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | JACKSON NATIONAL ANNUITY | Desc |
| BOY Book Value | $613,232 | BOYBookValueAmt |
| EOY Book Value | $530,301 | EOYBookValueAmt |
| EOYFMV | $832,313 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT EXPENSES-WF #1082 | $111,446 | $111,446 | $0 |
| FOREIGN FEES- #1082 | $14 | $14 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC | Desc |
| Revenue And Expenses Per Books | $201 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $201 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $201 | AdjustedNetIncomeAmt |
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