H FUND: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
H FUND (EIN 75-2853493)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-06-12
IRS object ID
202511639349100511
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-06-12T09:57:14-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN752493198PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Hudgins Crosier Sumpter PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1301 S Polk Suite 375AddressLine1Txt
CityAmarilloCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79101ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN752853493EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1H FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHFUNBusinessNameControlTxt
Phone8063718771PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13009 S HAYDENAddressLine1Txt
CityAMARILLOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79109ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJack S Hudgins JrPersonNm
Person TitlePresidentPersonTitleTxt
Signature2025-06-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJACK S HUDGINS JRPreparerPersonNm
PTINP00040711PTIN
Phone8063718771PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,178,943FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$35,004DividendsRevAndExpnssAmt
Dividends Net Invst Incm$35,004DividendsNetInvstIncmAmt
Dividends Adj Net Incm$35,004DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$100,085NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$410,446GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$100,085CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$34,704OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$169,793TotalRevAndExpnssAmt
Total Net Invst Incm$135,089TotalNetInvstIncmAmt
Total Adj Net Incm$35,004TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$9,575OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$9,575OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$9,575OtherProfFeesAdjNetIncmAmt
Taxes Rev And Expnss$808TaxesRevAndExpnssAmt
Taxes Net Invst Incm$808TaxesNetInvstIncmAmt
Taxes Adj Net Incm$808TaxesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$10,383TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$10,383TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$10,383TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$30,700ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$30,700ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$41,083TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$10,383TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$10,383TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$30,700TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$128,710ExcessRevenueOverExpensesAmt
Net Investment Income$124,706NetInvestmentIncomeAmt
Adjusted Net Income$24,621AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$23,449CashBOYAmt
Cash EOY$30,203CashEOYAmt
Cash EOYFMV$30,203CashEOYFMVAmt
Sav And Temp Cash Invst BOY$170,000SavAndTempCashInvstBOYAmt
Corporate Stock BOY$1,269,208CorporateStockBOYAmt
Corporate Stock EOY$1,561,164CorporateStockEOYAmt
Corporate Stock EOYFMV$2,148,740CorporateStockEOYFMVAmt
Total Assets BOY$1,462,657TotalAssetsBOYAmt
Total Assets EOY$1,591,367TotalAssetsEOYAmt
Total Assets EOYFMV$2,178,943TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,462,657RetainedEarningBOYAmt
Retained Earning EOY$1,591,367RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,462,657TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,591,367TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,462,657TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,591,367TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,462,657TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$128,710ExcessRevenueOverExpensesAmt
Subtotal$1,591,367SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,591,367TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyFID ACCTPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2001-01-01AcquiredDt
Sold2024-12-31SoldDt
Gross Sales Price$410,446GrossSalesPriceAmt
Cost Or Other Basis$310,361CostOrOtherBasisAmt
Gain Or Loss$100,085GainOrLossAmt
Gains Minus Excess Or Losses$100,085GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$100,085CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,733InvestmentIncomeExciseTaxAmt
Subtotal$1,733SubtotalAmt
Tax Based On Investment Income$1,733TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$1,733ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$1,733TotalPaymentsAndCreditsAmt
Tax Due$0TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JACK S HUDGINS JRBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8063718771PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13009 S HAYDENAddressLine1Txt
CityAMARILLOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79109ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Marlene Hoge Hudgins
3712 FARWELLAmarilloTX79109Vice President0.00$0
Jack S Hudgins Jr
3009 HaydenAmarilloTX79109President0.00$0
Debbie D Hudgins
3009 HaydenAMARILLOTX79109Vice President0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,862,994AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$198,604AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,061,598TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$2,061,598AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$30,924CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,030,674NetVlNoncharitableAssetsAmt
Minimum Investment Return$101,534MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$101,534MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,733TaxBasedOnInvestmentIncomeAmt
Total Tax$1,733TotalTaxAmt
Distributable Before Adj$99,801DistributableBeforeAdjAmt
Distributable Before Ded$99,801DistributableBeforeDedAmt
Distributable As Adjusted$99,801DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$30,700ExpensesAndContributionsAmt
Qualifying Distributions$30,700QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$99,801DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$248,087ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$248,087TotalExcessDistributionCyovAmt
Qualifying Distributions$30,700QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$30,700AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$69,101ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$69,101ExcessDistributionCyovAppCYAmt
Total Corpus$178,986TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$178,986ExcessDistriCyovToNextYrAmt
Excess From Year2$178,986ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMarlene Hoge HudginsContributingManagerNm
Contributing ManagerJack S Hudgins JrContributingManagerNm
Contributing ManagerDebbie D HudginsContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonH FUNDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13009 S HAYDENAddressLine1Txt
CityAMARILLOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79109ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8063718771RecipientPhoneNum
Form And Info And MaterialsAPPLICATION MAY BE MADE IN THE FORM OF A WRITTEN LETTER AND SHOULD INCLUDE GENERAL ORGANIZATIONAL INFORMATION, AMOUNTS REQUESTED, USE OF FUNDS REQUESTED AND CURRENT INFORMATION REGARDING QUALIFICATION UNDER IRS SECTION 501(c)(3).FormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsORGANIZATION MUST BE A QUALIFIED 501(C)(3) ORGANIZATION.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
TEXAS AM FOUNDATION
401 GEORGE BUSH DRCOLLEGE STATIONTX77840NONEPCSCHOLARSHIPS$700
TEXAS NURSES ASSOC
4807 SPICEWOOD SPRINGS RDAUSTINTX78759NONEPCSCOLARSHIPS$5,000
JASON ROSAILUS MEMORIAL FOUNDATION
P O BOX 51149AMARILLOTX79159CHARITABLE CONTRIBUTONS$20,000
GREATER HOUSTON COMMUNITY FUND
515 POST OAK BLVD SUITE 1000HOUSTONTX77027DISASTER RELIEF$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$30,700TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Related Or Exempt Function Incm$35,004RelatedOrExemptFunctionIncmAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$34,704RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$100,085RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$169,793RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$169,793TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Revenue And Expenses Per Books$34,704RevenueAndExpensesPerBooksAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$9,575Amt
Net Investment Income$9,575NetInvestmentIncomeAmt
Adjusted Net Income$9,575AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT TAXESCategoryTxt
Amt$808Amt
Net Investment Income$808NetInvestmentIncomeAmt
Adjusted Net Income$808AdjustedNetIncomeAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.