MCDANIEL CHARITABLE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MCDANIEL CHARITABLE FOUNDATION (EIN 76-0538313)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202203199349108140
- Schema version
- 2021v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T17:17:33-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAM LANGSTON & BREZINA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11550 FUGUA STREET SUITE 475 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77034 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760538313 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCDANIEL CHARITABLE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MCDA | BusinessNameControlTxt |
| Phone | 4099422946 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 108 | AddressLine1Txt |
| City | HITCHCOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77563 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH FARRELL | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 4099422946 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ELIZABETH | PersonFirstNm |
| Person Last | FARRELL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HARRY D MAXWELL JR | PreparerPersonNm |
| PTIN | P00627267 | PTIN |
| Phone | 2814811040 | PhoneNum |
| Preparation | 2022-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | 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 | $18,034,412 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $151 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $151 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $201,404 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $201,404 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $904,292 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,111,648 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $904,292 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$156,152 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $10,522 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $949,695 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,116,369 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $195,600 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $28,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $109,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $30,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $3,000 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $27,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $64,778 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $10,005 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $50,643 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $9,452 | LegalFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $2,330 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $1,734 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $30,000 | OccupancyRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $19,554 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $10,819 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $10,819 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $353,448 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $52,324 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $197,962 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $880,891 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $880,891 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,234,339 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $52,324 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,078,853 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$284,644 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,064,045 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,258,410 | CashBOYAmt |
| Cash EOY | $2,758,740 | CashEOYAmt |
| Cash EOYFMV | $2,758,740 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $362,597 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $408,829 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $408,829 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $31,130 | AcctRcvblAmt |
| Acct Rcvbl BOY | $22,439 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $31,130 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $31,130 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl | $8,687,746 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $10,153,303 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $8,687,746 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $10,153,303 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $5,477 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,748 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,748 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $676,170 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $1,050,816 | CorporateStockBOYAmt |
| Corporate Stock EOY | $550,381 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $550,381 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $6,033,202 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,130,221 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,130,281 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $18,373 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,567 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,489 | LandBOYAmt |
| Land EOY | $3,806 | LandEOYAmt |
| Total Assets BOY | $19,565,903 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,572,601 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,034,412 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $471 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $471 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $19,565,432 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $16,572,601 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $19,565,432 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,572,601 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $19,565,903 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,572,601 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $19,565,432 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$284,644 | ExcessRevenueOverExpensesAmt |
| Subtotal | $19,280,788 | SubtotalAmt |
| Other Decreases | $2,708,187 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $16,572,601 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| S/T CAP LOSS PASSED THRU FROM PSHIPS | P | $207,356 | -$207,356 | -$207,356 | |
| L/Y CAP GAIN PASSED THRU FROM PSHIPS | P | $1,111,648 | $1,111,648 | $1,111,648 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $904,292 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $14,790 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $14,790 | SubtotalAmt |
| Tax Based On Investment Income | $14,790 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,619 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $6,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $7,619 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $8 | EsPenaltyAmt |
| Tax Due | $7,179 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | HTTP://MCDANIELCHARITABLEFOUNDATION.ORG/ | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JULIE BARNETT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4099422946 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 108 | AddressLine1Txt |
| City | HITCHCOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77563 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|---|---|
| CHRISTOPHER JOHNSON | ||||||||
| P O BOX 108 | HITCHCOCK | TX | 77563 | PRESIDENT | 000.00 | $18,000 | $6,375 | $0 |
| ELIZABETH FARRELL | ||||||||
| P O BOX 108 | HITCHCOCK | TX | 77563 | TREASURER | 000.00 | $21,600 | $0 | $0 |
| RACHEL LYONS | ||||||||
| P O BOX 108 | HITCHCOCK | TX | 77563 | DIRECTOR | 1.00 | $12,000 | $9,571 | $0 |
| MADISON SPIER | ||||||||
| P O BOX 108 | HITCHCOCK | TX | 77563 | DIRECTOR | 1.00 | $12,000 | $0 | $0 |
| JULIE BARNETT | ||||||||
| P O BOX 108 | HITCHCOCK | TX | 77563 | SECRTY/SCHOL | 40.00 | $60,000 | $9,616 | $0 |
| MICHELLE LYONS SPIER | ||||||||
| P O BOX 108 | HITCHCOCK | TX | 77563 | DIRECTOR | 1.00 | $12,000 | $9,711 | $0 |
| KYLE MCCLELLEN | ||||||||
| P O BOX 108 | HITCHCOCK | TX | 77563 | FINANCIAL OF | 40.00 | $60,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PROVIDED SCHOLARSHIPS TO STUDENTS AND SUPPORTED VARIOUS NON-PROFIT ORGANIZATIONS | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $15,086,452 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,417,016 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $38,303 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,541,771 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $17,541,771 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $263,127 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,278,644 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $863,932 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $863,932 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $14,790 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $14,790 | TotalTaxAmt |
| Distributable Before Adj | $849,142 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $849,142 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $849,142 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,078,853 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,078,853 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $849,142 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $350,211 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,078,853 | QualifyingDistributionsAmt |
| Applied To Year1 | $350,211 | AppliedToYear1Amt |
| Applied To Current Year | $728,642 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $120,500 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE MCDANIEL CHARITABLE FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 108 | AddressLine1Txt |
| City | HITCHCOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77563 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4099421910 | RecipientPhoneNum |
| Recipient Email Address | CONTACTUS@MCDANIELFOUNDATION.ORG | RecipientEmailAddressTxt |
| Form And Info And Materials | SEE ATTACHED APPLICATION | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | JUNE 1ST | SubmissionDeadlinesTxt |
| Restrictions On Awards | GALVESTON COUNTY SCHOLARSHIP PROGRAM: BASED ON NEED & MERIT; MUST BE GALVESTON COUNTY RESIDENT & ATTEND A TEXAS SCHOOL. WILLIAMSON COUNTY CABLEVISION SCHOLARSHIP PROGRAM: MUST BE A LONG-TIME EMPLOYEE OR FAMILY MEMBER OF LONG-TIME EMPLOYEE OF WILLIAMSON COUNTY CABLEVISION. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| SEE ATTACHED SCHEDULE | |||||||
| P O BOX 108 | HITCHCOCK | TX | 77563 | NONE | PC | SEE ATTACHED | $880,887 |
| PASSED THRU ON EPP K-1 | |||||||
| P O BOX 4018 | HOUTON | TX | 77210 | NONE | PC | CHARITABLE | $4 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $880,891 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $151 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $201,404 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $10,522 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $904,292 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (8 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| SCW CAPITAL LP | 1 | -$86,873 |
| FULLER DMS OFFICE LTD | 16 | -$2,837 |
| PAX INVESTMENTS | 16 | $9,113 |
| SAN JUAN BASIN ROYALTY TRUS | 1 | |
| STREAM MMP PARTNERS | 16 | -$75,473 |
| ENTERPRISE PRODUCTS PARTNER | 1 | -$6,594 |
| DORCHESTER MINERALS LP | 1 | -$4,004 |
| PROSHARES BLOOMBERG NAT GAS | 1 | -$6 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $949,695 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $949,695 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (36 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| SPEAKER PHONE | 2015-07-22 | $141 | $109 | S/L | 7.0000 | $20 |
| SPEAKER PHONE | 2015-07-22 | $141 | $109 | S/L | 7.0000 | $20 |
| SPEAKER PHONE | 2015-07-22 | $141 | $109 | S/L | 7.0000 | $20 |
| SPEAKER PHONE | 2015-07-22 | $141 | $109 | S/L | 7.0000 | $20 |
| DESK | 2016-04-30 | $162 | $108 | S/L | 7.0000 | $23 |
| HP WIRELESS PRINTER | 2016-06-18 | $236 | $212 | S/L | 5.0000 | $24 |
| ERGOMONIC MESH CHAIR | 2016-08-17 | $325 | $201 | S/L | 7.0000 | $46 |
| ERGONOMIC MESH CHAIR | 2016-08-17 | $325 | $201 | S/L | 7.0000 | $46 |
| ERGONOMIC MESH CHAIR | 2016-08-26 | $314 | $194 | S/L | 7.0000 | $45 |
| ERGONOMIC MESH CHAIR | 2016-08-26 | $314 | $194 | S/L | 7.0000 | $45 |
| ERGONOMIC MESH CHAIR | 2016-08-26 | $314 | $194 | S/L | 7.0000 | $45 |
| HP LASERJET PRINTER | 2015-06-15 | $216 | $173 | S/L | 7.0000 | $31 |
| HP LASERJET PRINTER | 2015-06-15 | $216 | $173 | S/L | 7.0000 | $31 |
| HP LASERJET PRINTER | 2015-06-15 | $216 | $173 | S/L | 7.0000 | $31 |
| HIGH BACK EXECUTIVE BLACK CHAIR | 2012-03-14 | $312 | $312 | S/L | 7.0000 | |
| HIGH BACK EXECUTIVE BLACK CHAIR | 2012-03-14 | $312 | $312 | S/L | 7.0000 | |
| USED 5-DRAWER LATERAL FILE CABINETS | 2012-05-24 | $314 | $314 | S/L | 7.0000 | |
| USED 5-DRAWER LATERAL FILE CABINETS | 2012-05-24 | $314 | $314 | S/L | 7.0000 | |
| REFRIGERATOR | 2015-07-28 | $507 | $392 | S/L | 7.0000 | $72 |
| PORTABLE A/C UNIT | 2016-05-05 | $765 | $510 | S/L | 7.0000 | $110 |
| CONFERENCE TABLE | 2012-03-14 | $877 | $877 | S/L | 7.0000 | |
| EXECUTIVE DOUBLE PEDESTAL DESK | 2012-03-14 | $1,039 | $1,039 | S/L | 7.0000 | |
| EXECUTIVE DOUBLE PEDESTAL DESK | 2012-03-14 | $1,038 | $1,038 | S/L | 7.0000 | |
| STORAGE CREDENZA | 2012-03-14 | $988 | $988 | S/L | 7.0000 | |
| STORAGE CREDENZA | 2012-03-14 | $988 | $988 | S/L | 7.0000 | |
| (8) BLUE FABRIC CAPTAINS CHAIRS | 2012-03-14 | $961 | $961 | S/L | 7.0000 | |
| TELEVISION & MOUNT | 2017-01-06 | $397 | $318 | S/L | 5.0000 | $79 |
| TELEVISION & MOUNT | 2017-01-06 | $397 | $318 | S/L | 5.0000 | $79 |
| COMPUTER SERVER | 2017-03-09 | $1,425 | $1,093 | S/L | 5.0000 | $285 |
| CHAIR (BLACK, 9000 SERIES) | 2017-08-18 | $314 | $149 | S/L | 7.0000 | $45 |
| HP ENVY X360 LAPTOP (JULIE) | 2019-06-01 | $1,080 | $342 | S/L | 5.0000 | $216 |
| HP ENVY LAPTOP (BETH) | 2019-08-12 | $1,091 | $309 | S/L | 5.0000 | $218 |
| DELL INSPIRON 15 3000 LAPTOP | 2021-07-12 | $594 | S/L | 5.0000 | $59 | |
| DELL INSPIRON 15 3000 LAPTOP | 2021-07-12 | $594 | S/L | 5.0000 | $59 | |
| DELL INSPIRON 15 3000 LAPTOP | 2021-07-12 | $594 | S/L | 5.0000 | $59 | |
| MICROWAVE OVEN | 2021-10-26 | $270 | S/L | 7.0000 | $6 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| US BANK - COMMON STOCKS | ||
| USCA - EQUITIES | $550,381 | $550,381 |
| AXA SA | ||
| HOMETOWN BANK |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FULLER DMS OFFICE LTD | AT COST | $76,532 | $76,532 |
| PAX INVESTMENTS | AT COST | $45,960 | $45,960 |
| SCW CAPITAL L.P. | AT COST | $3,257,006 | $3,257,006 |
| US BANK - PTP PSHIPS | AT COST | ||
| USCA - PTP PSHIPS | AT COST | $299,340 | $299,400 |
| WOB HOLDINGS LLC | AT COST | ||
| USCA - GOLD BULLION BAR | AT COST | $442,667 | $442,667 |
| STREAM MEMORIAL MEDICAL PARTNERS LP | AT COST | $8,716 | $8,716 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FURNISHINGS & EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $18,373 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $14,567 | AccumulatedDepreciationAmt |
| Book Value | $3,806 | BookValueAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $9,452 | LegalFeesAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENT TO NET ASSETS | Desc |
| Amt | $2,708,187 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| INSURANCE | $2,350 | $1,058 | $1,058 |
| OFFICE SUPPLIES | $3,400 | $1,530 | $1,530 |
| POSTAGE & SHIPPING | $1,162 | $523 | $523 |
| INTERNET/PHONE/FAX SERVICE FE | $8,280 | $5,854 | $5,854 |
| IT EXPENSES | $3,002 | $1,351 | $1,351 |
| BANK CHARGES/CREDIT CARD FEES | $237 | ||
| COPIER LEASE | $1,118 | $503 | $503 |
| SECRETARY OF STATE FEE | $5 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FROM SCW CAPITAL K-1 | $677 | $677 |
| FROM DORCHESTER MINERALS K-1 | $9,845 | $9,845 |
| SCW CAPITAL LP | -$86,873 | |
| FULLER DMS OFFICE LTD | -$2,837 | |
| PAX INVESTMENTS | $9,113 | |
| STREAM MMP PARTNERS | -$75,473 | |
| ENTERPRISE PRODUCTS PARTNERS | -$6,594 | |
| DORCHESTER MINERALS LP | -$4,004 | |
| PROSHARES BLOOMBERG NAT GAS | -$6 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt |
|---|---|
| PAYROLL TAXES PAYABLE | |
| AMEX PAYABLE | $393 |
| A/P-LCF | |
| FEDERAL EXCISE TAX PAYABLE | $78 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (12 entries)
| Insider RelationshipInsiderRelationshipTxt | Loan OriginalLoanOriginalAmt | Balance DueBalanceDueAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt |
|---|---|---|---|---|---|---|---|---|
| JOSE FALCON | ||||||||
| NONE | $122,500 | $71,448 | 2012-12 | 1937-12 | MO. PYMTS P&I 698.39 | 0.0475 | REAL ESTATE | MORTAGE |
| TWO RIVERS DEVELOPMENT LLC | ||||||||
| NONE | $200,000 | 2015-12 | 2020-12 | 833 MO INT/PRIN @MATURITY | 0.0500 | REAL ESTATE | FINANCE MODEL HOME | |
| CHRISTOPHER CAHILL | ||||||||
| NONE | $1,008,899 | $876,629 | 2016-12 | 2024-09 | MO. PYMTS P&I 27,902.12 | 0.0350 | INTEREST IN LLC & LP | OWNER FINANCE SALE OF ASSET |
| EDWARD HARRIS JR | ||||||||
| NONE | $1,008,899 | $876,629 | 2016-12 | 2024-09 | MO. PYMTS P&I 27,902.12 | 0.0350 | INTEREST IN LLC & LP | OWNER FINANCE SALE OF ASSET |
| ROBERT HARRIS | ||||||||
| NONE | $1,008,899 | $876,629 | 2016-12 | 2024-09 | MO. PYMTS P&I 27,902.12 | 0.0350 | INTEREST IN LLC & LP | OWNER FINANCE SALE OF ASSET |
| PODOLAK REAL ESTATE | ||||||||
| NONE | $1,743,946 | $4,618,378 | 2016-12 | 2020-12 | PYMT UPON SALE OF ASSETS | 0.0600 | REAL ESTATE | INTERIM CONSTRUCTN-ADVANCING>PAYING |
| TCD REAL ESTATE | ||||||||
| NONE | $637,500 | $602,072 | 2020-09 | 1935-09 | MO. PYMTS P&I 5,208.91 | 0.0550 | ||
| THOMAS COOK | ||||||||
| NONE | $153,324 | $117,759 | 2015-11 | 2023-11 | INT ONLY UNTIL MATURITY | 0.0500 | INVESTAR BANK STOCK | TRANSFER FROM ESTATE |
| JOSEPH WILBURN | ||||||||
| NONE | $1,000,000 | $219,000 | 2015-05 | 2022-08 | PRIN PYMTS OF 3,000/MO | 0.0150 | REAL ESTATE | TRANSFER FROM ESTATE-REAL EST PURCH |
| NOLBERTO VELA | ||||||||
| NONE | $250,000 | $6,463 | 2015-01 | 1930-01 | MO PYMTS P&I 300.00 | 0.0400 | REAL ESTATE | TRANSFER FROM ESTATE |
| STEVAN VERKIN | ||||||||
| NONE | $151,192 | $109,069 | 2015-12 | 1930-12 | MO PYMTS P&I 1,118.35 | 0.0400 | REAL ESTATE | TRANSFER FROM ESTATE |
| JIMMY J STANFORD | ||||||||
| NONE | $330,000 | $313,670 | 2018-09 | 2023-09 | INT DUE 5/21&9/21 BEG 2019 | 0.0550 | INVESTAR BANK STOCK | REFINANCE |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 2020 FORM 990-PF EXCISE TAX-MCF | $2,161 |
| 2020 FORM 990-PF EXCISE TAX-LCF | $78 |
| FOREIGN TAXES ON SCW CAPITAL K-1 | $91 |
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