MEDALLION FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- MEDALLION FOUNDATION INC (EIN 76-0141071)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2022-06-28
- IRS object ID
- 202231799349100508
- 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
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Reasonable Cause Explanation
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-06-28T09:13:45-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 844490035 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TPS THAYER LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 HWY 6 SUITE 100 | AddressLine1Txt |
| City | SUGAR LAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77478 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760141071 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MEDALLION FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MEDA | BusinessNameControlTxt |
| Phone | 7136540144 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1407 FANNIN STREET | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT J PILEGGE | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 7136291381 | PhoneNum |
| Signature | 2022-06-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT | PersonFirstNm |
| Person Last | PILEGGE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN THAYER | PreparerPersonNm |
| PTIN | P00223490 | PTIN |
| Phone | 2815528430 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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 | $75,380,281 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $780,855 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $780,855 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $694,182 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $694,182 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $349,821 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $349,821 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$218,833 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,209,522 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,597,625 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,209,522 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $188,671 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $188,671 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,223,051 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,223,051 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $48,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $24,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $24,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,663 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,663 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $31,430 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $31,430 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $89,388 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $89,388 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $77,631 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $77,631 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $515 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $515 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $207 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $207 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,060,815 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,060,815 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,311,649 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,287,649 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $24,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,526,681 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,526,681 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,838,330 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,287,649 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,550,681 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$615,279 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $935,402 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | -$1 | CashEOYAmt |
| Cash EOYFMV | -$1 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,024,352 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,854,348 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,854,348 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $67,342 | AcctRcvblAmt |
| Acct Rcvbl BOY | $67,342 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $67,342 | AcctRcvblEOYAmt |
| Other Investments BOY | $82,400,868 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $107,272,805 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $70,664,733 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,530,492 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $642,094 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,180,110 | LandBOYAmt |
| Land EOY | $2,888,398 | LandEOYAmt |
| Land EOYFMV | $2,646,616 | LandEOYFMVAmt |
| Other Assets BOY | $276,694 | OtherAssetsBOYAmt |
| Other Assets EOY | $276,694 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $214,585 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $86,949,366 | TotalAssetsBOYAmt |
| Total Assets EOY | $112,359,586 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $75,380,281 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $3,162,593 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4,284,618 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,162,593 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,284,618 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,774,205 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,774,205 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $7,293,601 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $40,955,191 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $74,718,967 | RetainedEarningBOYAmt |
| Retained Earning EOY | $65,345,572 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $83,786,773 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $108,074,968 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $86,949,366 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $112,359,586 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $83,786,773 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$615,279 | ExcessRevenueOverExpensesAmt |
| Other Increases | $33,726,534 | OtherIncreasesAmt |
| Subtotal | $116,898,028 | SubtotalAmt |
| Other Decreases | $8,823,060 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $108,074,968 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| STIFEL 7781 CAPITAL GAIN DISTRIBUTION | P | $22,272 | $22,272 | $22,272 | |
| STIFEL 7781 LONG TERM GAIN | P | $175,967 | $47,602 | $47,602 | $128,365 |
| ST PASSTHROUGH FROM FINKLESTEIN K1 | P | -$203,007 | -$203,007 | $203,007 | |
| LT PASSTHROUGH FROM FINKLESTEIN K1 | P | -$168,613 | -$168,613 | $168,613 | |
| CHARLES SCHWAB 5285 ST | P | $4,319,995 | $544,680 | $544,680 | $3,775,315 |
| CHARLES SCHWAB 5285 LT | P | $5,079,391 | $966,588 | $966,588 | $4,112,803 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,209,522 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $13,002 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $13,002 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $13,002 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | 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 | $0 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $267 | EsPenaltyAmt |
| Tax Due | $13,269 | TaxDueAmt |
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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | 0 | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MEDALLION FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7136540144 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1407 FANNIN ST | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| ROBERT J PILEGGE | ||||||||
| 1407 FANNIN ST | HOUSTON | TX | 77002 | DIRECTOR | 4.00 | $12,000 | $0 | $0 |
| JERELD E MCQUEEN | ||||||||
| 1407 FANNIN ST | HOUSTON | TX | 77002 | DIRECTOR | 3.00 | $12,000 | $0 | $0 |
| MARK L ENTMANN | ||||||||
| 4849 DUMFRIES | HOUSTON | TX | 77096 | DIRECTOR | 2.00 | $12,000 | $0 | $0 |
| ROD SCARBOROUGH | ||||||||
| 1407 FANNIN ST | HOUSTON | TX | 77002 | DIRECTOR | 2.00 | $12,000 | $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 |
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 | $24,869,536 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,439,350 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $28,240,703 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $54,549,589 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $54,549,589 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $818,244 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $53,731,345 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,686,567 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,686,567 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,002 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,002 | TotalTaxAmt |
| Distributable Before Adj | $2,673,565 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,673,565 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,673,565 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,550,681 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,550,681 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,550,681 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,673,565 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,059,254 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,550,681 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,059,254 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $491,427 | 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 | $2,182,138 | 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
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE MEDALLION FOUNDATION INC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1407 FANNIN ST | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7136540144 | RecipientPhoneNum |
| Form And Info And Materials | PRESCRIBED INFORMATION REQUESTS SUPPLIED TO APPLICANTS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (69 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AID TO VICTIMS OF DOMESTIC ABUSE | |||||||
| 1001 TEXAS AVE STE 600 | HOUSTON | TX | 77002 | NONE | OPC | TECHNOLOGY UPGRADES | $10,000 |
| BIG BROTHERS BIG SISTERS | |||||||
| 1003 WASHINGTON AVE | HOUSTON | TX | 77002 | NONE | OPC | MENTORING PROGRAM EXPANSION | $5,000 |
| CASA DE ESPERANZA | |||||||
| PO BOX 6658 | HOUSTON | TX | 77266 | NONE | OPC | TODDLE PLAYGROUND IMPROVEMENT | $10,550 |
| CATHOLIC CHARITIES OF THE ARCHDIOCESE OF GALVESTON-HOUSTON | |||||||
| 2900 LOUISIANA ST | HOUSTON | TX | 77006 | NONE | OPC | DOMESTIC DEPLOYMENT KIT | $14,320 |
| CHRISTIAN COMMUNITY SERVICES CENTER | |||||||
| 3230 MERCER ST | HOUSTON | TX | 77027 | NONE | OPC | BACK TO SCHOOL PROGRAM | $5,000 |
| DOMINICAN SISTERS | |||||||
| 5250 GASMER DRIVER | HOUSTON | TX | 77035 | NONE | OPC | PRESCHOOL PLAYGROUND/DRAINAGE SYSTEM | $40,000 |
| EL CENTRO DE CORAZON | |||||||
| 412 TELEPHONE RD | HOUSTON | TX | 77023 | NONE | OPC | WELLNESS PROGRAM | $5,000 |
| EMERGE | |||||||
| 11251 NORTHWEST FWY 330 | HOUSTON | TX | 77092 | NONE | OPC | COLLEGE TOURS | $15,000 |
| FELLOWSHIP OF CATHOLIC UNIVERSITY STUDENTS | |||||||
| PO BOX 17408 | DENVOR | CO | 80217 | NONE | OPC | MISSION OF THE NEW EVANGELIZATION | $2,000 |
| HOUSTON HOSPICE | |||||||
| 1905 HOLCOMBE BLVD | HOUSTON | TX | 77030 | NONE | OPC | CHARITY CARE PROGRAM | $20,000 |
| HWY 71 RANCH | |||||||
| 2265 HIGHWAY 71 | COLUMBUS | TX | 78934 | NONE | OPC | CHARITABLE FUNDING | $528,861 |
| MIRACLE FLIGHTS | |||||||
| 5740 S EASTERN AVE STE 240 | LAS VEGAS | NV | 89119 | NONE | OPC | FLIGHTS FOR KIDS PROGRAM - HOUSTON/TEXAS | $5,000 |
| PALMER DRUG ABUSE PROGRAM | |||||||
| 840 GESSNER STE 1300 | HOUSTON | TX | 77024 | NONE | OPC | YOUNG ADULT PROGRAM | $10,000 |
| SHRINERS HOSPITAL FOR CHILDREN | |||||||
| 6977 MAIN STREET | HOUSTON | TX | 77030 | NONE | OPC | PATIENT NEEDS FUND | $5,000 |
| ST DOMINIC VILLAGE | |||||||
| 2401 HOLCOMBE BLVD | HOUSTON | TX | 77021 | NONE | OPC | ROOF REPAIR | $15,000 |
| STRAKE JESUIT COLLEG PREPARATORY | |||||||
| 8900 BELLAIRE BLVD | HOUSTON | TX | 77036 | NONE | OPC | DONATION | $10,000 |
| THE BLUE BIRD CIRCLE | |||||||
| 615 WEST ALABAMA | HOUSTON | TX | 77006 | NONE | OPC | TREATMENT COSTS FOR UNFUNDED PATIENTS | $10,000 |
| THE PERIWINKLE FOUNDATION | |||||||
| 3400 BISSONNET STREET SUITE 185 | HOUSTON | TX | 77005 | NONE | OPC | CAMP PERIWINKLE | $10,000 |
| THE RISE SCHOOL | |||||||
| 7315 SPRING CYPRESS RD | HOUSTON | TX | 77379 | NONE | OPC | TUITION SCHOLARSHIP PROGRAM | $15,000 |
| THE UNIVERSITY OF TEXAS | |||||||
| 23RD | AUSTIN | TX | 78759 | NONE | OPC | UTHEALTH 2019 STOMP OUT STROKE FESTIVAL HOUSTON | $15,000 |
| THEATER UNDER THE STARS | |||||||
| 800 BAGBY ST UNIT 200 | HOUSTON | TX | 77002 | NONE | OPC | 2019 FINE ARTS SUMMER CAMP | $12,912 |
| UNDIES FOR EVERYONE | |||||||
| 1700 BISSONNET STREET | HOUSTON | TX | 77005 | NONE | OPC | UNDERGARMENTS FOR STUDENTS | $5,000 |
| WELLSPRINGS VILLAGE INC | |||||||
| PO BOX 311017 | HOUSTON | TX | 77231 | NONE | OPC | SUPPORTIVE SERVICES FOR RESIDENTS | $10,000 |
| HOUSTON GRAND OPERA | |||||||
| 510 PRESTON STREET | HOUSTON | TX | 77002 | NONE | OPC | ANNUAL SUPPORT CAMPAIN | $4,485 |
| SEARCH HOMELESS SERVICES | |||||||
| 2015 CONGRESS ST | HOUSTON | TX | 77002 | NONE | OPC | GRANT | $20,000 |
| MAGNIFICAT HOUSES INC | |||||||
| PO BOX 8486 | HOUSTON | TX | 77288 | NONE | OPC | HELP HOUSTON'S HUNGRY, HOMELESS AND MENTALLY ILL | $10,000 |
| HOUSTON JUNIOR AEROS HOCKEY ASSOCIATION INC | |||||||
| PO BOX 19654 | HOUSTON | TX | 77224 | NONE | OPC | DEVELOP CHARATER, SPORTSMANSHIP, TEAMWORK, SELF-DISCIPLINE AND PHYSICAL FITNESS | $2,500 |
| TEXAS HEARING INSTITUTE | |||||||
| 3100 SHENANDOAH | HOUSTON | TX | 77021 | NONE | OPC | HELP DEAF AND HARD OF HEARING CHILDREN | $10,000 |
| HARMONY HOUSE | |||||||
| 602 GIRARD STREET | HOUSTON | TX | 77007 | NONE | OPC | CAPITAL CAMPAIGN GRANT | $50,000 |
| NORTHWEST ASSISTANCE MINISTRIES | |||||||
| 15555 KUYKENDAHL RD | HOUSTON | TX | 77090 | NONE | OPC | UPDATE NAM'S FIRE AND SECURITY SYSTEMS | $10,000 |
| MEMORIAL ASSISTANCE MINISTRIES | |||||||
| 1625 BLALOCK RD | HOUSTON | TX | 77080 | NONE | OPC | BACK TO SCHOOL PROGRAM | $10,000 |
| TEXAS CHRISTIAN UNIVERSITY | |||||||
| TCU BOX 298240 | FORT WORTH | TX | 76129 | NONE | OPC | SCHOLARSHIP | $100,000 |
| JUVELYN RUBENSTEIN JCC | |||||||
| 5601 S BRAESWOOD | HOUSTON | TX | 77096 | NONE | OPC | SUPPORT CAPITAL CAMPAIGN BUILDING PROJECT | $10,000 |
| SENIOR RIDES AND MORE | |||||||
| 5001 BELLAIRE BOULEVARD ROOM 7 | BELLAIRE | TX | 77401 | NONE | OPC | UPGRADE COMPUTERS FOR SENIORS | $5,000 |
| A SHELTER FOR CANCER FAMILIES | |||||||
| 4115 DRAKE STREET STE 4 | HOUSTON | TX | 77005 | NONE | OPC | GRANT - HOUSING PROGRAM | $25,000 |
| CAMP FOR ALL | |||||||
| 3701 KIRBY DR STE 570 | HOUSTON | TX | 77098 | NONE | OPC | CAMP SUPPORT | $10,000 |
| BUILDING FOR LIFE | |||||||
| 1111 LOVETT BLVD | HOUSTON | TX | 77006 | NONE | OPC | BUILDING FOR LIFE CAPITAL | $20,000 |
| HOPE RISING | |||||||
| 504 E SIXTH STREET | BRENHAM | TX | 77833 | NONE | OPC | GRANTS & FOUNDATIONS | $15,000 |
| SEVEN ACRES | |||||||
| 6200 N BRAESWOOD BLVD | HOUSTON | TX | 77074 | NONE | OPC | GRANT | $33,525 |
| VITALIVING | |||||||
| 3300 S GESSNER STE 150 | HOUSTON | TX | 77063 | NONE | OPC | A VITA LIVING HOUSING INITIATIVE PROJECT | $100,000 |
| NATIONAL MULTIPLE SCLEROSIS SOCIETY | |||||||
| PO BOX 4594 | NEW YORK | NY | 10163 | NONE | OPC | RESEARCH | $10,000 |
| DAN'S HOUSE OF HOPE | |||||||
| PO BOX 8444 | HOUSTON | TX | 77288 | NONE | OPC | DHOH HOUSING & TRAVEL SUPPORT PROGRAM | $5,000 |
| TODAY'S HARBOR | |||||||
| 514 BAYRIDGE RD | LA PORTE | TX | 77571 | NONE | OPC | SAFE AND LOVING HOMES RETRO SUMMER FUN PROGRAM | $22,000 |
| HEALTHCARE FOR THE HOMELESS | |||||||
| 1934 CAROLINE ST | HOUSTON | TX | 77002 | NONE | OPC | ESTABLISHMENT OF NEW REED FAMILY CLINIC | $20,000 |
| SUMMERHOUSE | |||||||
| 1424 WASECA ST | HOUSTON | TX | 77055 | NONE | OPC | CAPACITY BUILDING CAMPAIGN | $10,000 |
| SECOND SERVINGS | |||||||
| 4500 BISSONNET STREET STE 360 | BELLAIRE | TX | 77401 | NONE | OPC | SAFE RESCUE OF EXCESS PREPARED AND PERISHABLE FOOD | $10,000 |
| FRIENDS FOR LIFE | |||||||
| 107 E 22ND STREET | HOUSTON | TX | 77008 | NONE | OPC | FIX HOUSTON PROGRAM | $5,000 |
| SAN JOSE CLINIC | |||||||
| 2615 FANNIN STREET | HOUSTON | TX | 77002 | NONE | OPC | MEDICAL EQUIPMENT | $20,000 |
| TEXAS CENTER FOR THE MISSING | |||||||
| 2500 BOLSOVER STREET | HOUSTON | TX | 77005 | NONE | OPC | CHILD SAFETY EDUCATION FOR DIGITAL AGE EXPANSION PROJECT | $5,000 |
| NORTH SHORE ANIMAL LEAGUE AMERICA | |||||||
| 25 DAVIS AVE | PORT WASHINGTON | NY | 11050 | NONE | OPC | MATCH DONATION MADE BY CECILIA AGUILAR | $103 |
| LEMONADE DAY HOUSTON | |||||||
| 1800 WEST LOOP SOUTH SUITE 1875 | HOUSTON | TX | 77027 | NONE | OPC | MATERIALS/ACCESS TO LEMONOPOLIS | $3,000 |
| PRESBYTERIAN SCHOOL | |||||||
| 40 OAKDALE ST | HOUSTON | TX | 77006 | NONE | OPC | MATCH DONATION MADE BY TED O'NEAL 11/3/20 FOR 2020-21 ANNUAL F | $1,000 |
| SPRING BRANCH MEMORIAL SPORTS ASSOC | |||||||
| 12602 ROCKY MEADOW DR | HOUSTON | TX | 77024 | NONE | OPC | FIELD OF DREAMS CAPITAL CAMPAIGN | $15,000 |
| SPRING SPIRIT | |||||||
| 8526 PITNER RD | HOUSTON | TX | 77080 | NONE | OPC | DONATION TO SPONSOR A CHILD PROGRAM | $76,000 |
| THE MEN'S CENTER | |||||||
| 3816 FANNIN ST | HOUSTON | TX | 77004 | NONE | OPC | WELCOME HOME FINANCIAL ASSIST. PROJECT | $5,000 |
| THE WOMEN'S HOME | |||||||
| 607 WESTHEIMER RD | HOUSTON | TX | 77006 | NONE | OPC | NEW COMPUTERS | $5,000 |
| WEST HOUSTON CHURCH | |||||||
| 17100 WEST RD | HOUSTON | TX | 77095 | NONE | OPC | MEDICCAL CARE, FOOD, TRAINING & HOUSING | $15,000 |
| WILL ERWIN HEADACHE | |||||||
| 609 MAIN ST 2350 | HOUSTON | TX | 77002 | NONE | OPC | RESEARCH/TREATMENT FOR HEADACHES | $5,000 |
| HOUSTON CHRISTIAN | |||||||
| 2700 W SAM HOUSTON PKWY N | HOUSTON | TX | 77043 | NONE | OPC | MATCH DONATION MADE BY NADINE MURPHY 10/11/20 FOR PRIMARY HOUSTON ST | $400 |
| DIOCESAN SERVICES FUND | |||||||
| 1700 SAN JACINTO | HOUSTON | TX | 77002 | NONE | OPC | MATCH DONATION MADE BY ROBERT PILEGGE ON 7/19/20 FOR 2020 APPEAL | $2,000 |
| CLAYTON DABNEY FOR | |||||||
| 5340 WESLAYAN 6784 | HOUSTON | TX | 77005 | NONE | OPC | MEDICINE OF THE HEART PROGRAM 3 CASE REQUESTS | $5,000 |
| FORT BEND FAMILY PROMISE | |||||||
| 4645 CARTWRIGHT RD | MISSOURI CITY | TX | 77459 | NONE | OPC | YOUTH EMPOWERMENT PLANNING PROGRAM | $5,000 |
| GIRLSTART | |||||||
| 1400 W ANDERSON LN | AUSTIN | TX | 78757 | NONE | OPC | AFTER SCHOOL & SUMMER CAMP PROGRAMS IN HOUSTON | $5,000 |
| HOPE IMPACTS | |||||||
| 802 DOMINION DR | KATY | TX | 77450 | NONE | OPC | PUTREACH EXPENSES | $5,000 |
| HOME AID HOUSTON | |||||||
| 9511 W SAM HOUSTON PKWY N | HOUSTON | TX | 77064 | NONE | OPC | SHELTER DEVELOPMENT PROGRAM | $10,000 |
| CAMP FOR ALL | |||||||
| 3701 KIRBY DR 570 | HOUSTON | TX | 77098 | NONE | OPC | ASSISTED RIDING PROGRAM RAMS & LIFTS | $10,000 |
| CHRISTUS FOUNDATION | |||||||
| 2615 FANNIN STREET | HOUSTON | TX | 77002 | NONE | OPC | MENTAL HEALTH COUNSELING FOR SCHOOL CHILDREN | $15,000 |
| CHILD ADVOCATES INC | |||||||
| 3701 KIRBY DR 400 | HOUSTON | TX | 77098 | NONE | OPC | IT EQUIPMENT/SERVICES | $20,000 |
| PASSTHROUGH CONTRIBUTION FROM FINKELSTEIN K1 | |||||||
| PO BOX 1101 | HOUSTON | TX | 77251 | NONE | OPC | CHARITABLE CONTRIBUTION | $3,025 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,526,681 | 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 | $780,855 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $694,182 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | $349,821 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$568,654 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $188,671 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,209,522 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $349,821 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,304,576 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,654,397 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $31,430 | Amt |
| Net Investment Income | $31,430 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (12 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ENSANADA | FMV | $1,993,489 | $950,321 |
| FINKELSTIEN PARTNERS LTD | FMV | $49,282,861 | $17,053,000 |
| FS WATERFORD LLC | FMV | $362,908 | $385,069 |
| HWY 71 RANCH | FMV | $1,378,665 | $22,510 |
| MARBLE FALLS VENTANA | FMV | $481,946 | $481,946 |
| RIVERSTONE PLAZA | FMV | $4,192,488 | $3,910,497 |
| SHADOW CREEK CENTER LLC | FMV | $946,624 | $352,873 |
| SILVERLAKE PLAZA | FMV | $1,212,237 | $784,075 |
| STIFEL BROKERAGE STATEMENT | FMV | $4,386,499 | $3,173,270 |
| TIERRA VISTA | FMV | $536,826 | $993,862 |
| WATERS CONDO | FMV | $318,959 | $378,007 |
| CHARLES SCHWAB 5285 | FMV | $42,179,303 | $42,179,303 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $3,663 | LegalFeesAmt |
| Net Investment Income | $3,663 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FEDERAL TAXES | $62,109 | $62,109 | $0 |
| ACCRUED INTEREST INCOME | $214,585 | $214,585 | $214,585 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN/LOSSES | $8,795,841 |
| FEDERAL TAXES | $27,219 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (19 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PORTFOLIO DEDUCTIONS | $779,579 | $779,579 | $0 |
| BANK FEES | $2,449 | $2,449 | $0 |
| MANAGEMENT FEE | $24,289 | $24,289 | $0 |
| SUPPLIE | $119,630 | $119,630 | $0 |
| UTILITIES | $22,420 | $22,420 | $0 |
| MAINTENANCE | $37,853 | $37,853 | $0 |
| TELEPHONE | $5,283 | $5,283 | $0 |
| INSURANCE | $34,342 | $34,342 | $0 |
| EXTERMINATOR | $300 | $300 | $0 |
| VETERNIARIAN | $10,266 | $10,266 | $0 |
| FEED | $25,153 | $25,153 | $0 |
| TRAVEL | $1,226 | $1,226 | $0 |
| LEASE FEE | $1,015 | $1,015 | $0 |
| AUTO LICENSE/FEES | $16,302 | $16,302 | $0 |
| PROFESSIONAL FEES | $383,153 | $383,153 | $0 |
| LICENSES AND PERMITS | $23,270 | $23,270 | $0 |
| HOA FEES | $2,963 | $2,963 | $0 |
| OFFICE EXPENSE | $2,668 | $2,668 | $0 |
| PASSTHROUGH RENTAL LOSS FROM FINKELSTEIN K1 | $568,654 | $568,654 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PASSTHROUGH FROM FINKELSTEIN | $734,383 | $734,383 | $734,383 |
| PASSTHROUGH FROM FINKELSTEIN | $145,691 | $145,691 | $145,691 |
| PASSTHROUGH FROM FINKELSTEIN | $12,352 | $12,352 | $12,352 |
| PASSTHROUGH FROM FINKELSTEIN | -$703,755 | -$703,755 | -$703,755 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PAID IN CAPITAL | $33,661,590 |
| PASSTHROUGH TAX EXEMPT INTEREST FROM FRINKLESTEIN K1 | $64,944 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (7 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| ACCOUNT PAYABLE - FINKELSTEIN PARTNER | $2,148,380 | $1,705,476 |
| FINKELSTEIN PAYABLE - COST DEPLETION | $613,031 | $613,031 |
| ESTATE OF HUBERT PAYABLE | $212,676 | $212,676 |
| NOTE PAYABLE - FINKELSTEIN PARTNER | $181,596 | $181,596 |
| EARNEST MONEY/OPTION MONEY | $6,110 | $5,310 |
| 1041 WHITE LOOP | $800 | $800 |
| AP - MEDALION FOUNDATION | $0 | $1,565,729 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE RETURN WAS INITIALLY MAILED TO OGDEN TIMELY ON NOVEMBER 10TH, 2022 (BY THE EXTENDED DUE DATE OF NOVEMBER 15, 2021). THERE WAS A NOTICE RECEIVED IN JUNE OF 2022 INSTRUCTING US TO REFILE ELECTRONICALLY. WE HAVE HISTORICALLY FILED BY MAIL AS THERE WAS AN ELECTRONIC REJECTION NOTICE WE COULD NOT CLEAR WITHOUT THE HELP OF CCH/WOLTERS KLUWER SUPPORT.PLEASE ACCEPT THE ABOVE EXPLANATION AS REASONABLE CAUSE FOR THIS LATE FILING, AND REFRAIN FROM PENALIZING THE COMPANY FOR LATE FILING. AS MENTIONED IT WAS TIMELY FILED, BUT DUE TO SOFTWARE LIMITATIONS IT WAS MAILED RATHER THAN ELECTRONICALLY FILED. PLEASE REQUEST FURTHER INFORMATION IF NEEDED, THOUGH YOUR RECORDS SHOULD ALREADY REFLECT A TIMELY FILING. | ExplanationTxt |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | MINORITY LEVEL DISCOUNTS (LACK OF LIQUIDITY & LACK OF MARKETABILITY)BOOK VALUE - BV FAIR MARKET VALUE - FMV MINIMUM INVESTMENT CALCULATION - MIC INVESTMENT WATERS CONDO BV: 318959 FMV: 378007 MIC: 378007 INVESTMENT - STIFEL BV: 4386499 FMV: 4386499 MIC:3779884.50 INVESTMENT FPL BV: 49282861 FMV: 17053000 MIC: 17053000 INVESTMENT RIVERSTONE BV: 4192488 FMV: 3910497 MIC: 3910497 INVESTMENT SHADOW CREEK BV: 946624 FMV: 352873 MIC: 352873 INVESTMENT SILVERLAKE BV: 1212237 FMV: 784075 MIC: 784075 INVESTMENT HWY 71 RANCH BV: 1378665 FMV: 22510 MIC: 22510 INVESTMENT F.S. WATERFORD BV: 915040 FMV:915935 MIC:915935 LAND BV: 1392992.79 FMV: 1392993 MIC: 1392993 ACCRUED INTEREST RECEIVABLE BV: 214585 FMV: 214585 MIC:214585 CHARLES SCHWAB BV: 42179303 FMV: 4217930 MIC: 21089652ETC. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PROPERTY TAX | $66,906 | $66,906 | $0 |
| FOREIGN TAXES PAID FROM STEFIL 7781 | $441 | $441 | $0 |
| FOREIGN TAXES PAID FROM FINKELSTEIN | $6,959 | $6,959 | $0 |
| FOREIGN TAXES PAID FROM CHARLES SCHWAB 5285 | $3,325 | $3,325 | $0 |