HOUSTON FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- HOUSTON FAMILY FOUNDATION (EIN 20-3853573)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2022-11-21
- IRS object ID
- 202203269349100000
- Schema version
- 2020v4.1
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-21T23:00:34-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203853573 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOUSTON FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOUS | BusinessNameControlTxt |
| Phone | 6053366832 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 E 8TH ST STE 319 | AddressLine1Txt |
| City | SIOUX FALLS | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 571037031 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WALTER IMPERT | PersonNm |
| Person Title | SVP | PersonTitleTxt |
| Phone | 6053366832 | PhoneNum |
| Signature | 2022-11-18 | SignatureDt |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $66,218,588 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $8,060,057 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,020,322 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,020,322 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,478,311 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,990,278 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,478,311 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $4,314,612 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $60,251 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $15,873,302 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,558,884 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $290,062 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $65,909 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $224,153 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $17,356 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $17,356 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $1,288,671 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $100,000 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $47,925 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $47,925 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $59,088 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $3,388 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $16,390 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,023 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,367 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,719,492 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $215,857 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $259,264 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,576,381 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,576,381 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,295,873 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $215,857 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,835,645 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $11,577,429 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,343,027 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $256,817 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,045,868 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,045,868 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $38,763,155 | CorporateStockBOYAmt |
| Corporate Stock EOY | $42,060,185 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $46,939,770 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $14,915,545 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $16,232,953 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $16,232,950 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $53,935,517 | TotalAssetsBOYAmt |
| Total Assets EOY | $61,339,006 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $66,218,588 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $53,935,517 | CapitalStockBOYAmt |
| Capital Stock EOY | $61,339,006 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $53,935,517 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $61,339,006 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $53,935,517 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $61,339,006 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $53,935,517 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $11,577,429 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $65,512,946 | SubtotalAmt |
| Other Decreases | $4,173,940 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $61,339,006 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 500000. MORGAN STANLEY 2.650% 1/27/20 | 2019-02-27 | 2020-01-27 | $500,000 | $508,750 | -$8,750 | -$8,750 | |
| 143554.2321 CRESCENT CAPITAL HIGH INCOME FUND LP | 2020-03-03 | $153,188 | $153,188 | ||||
| 15950.5285 CRESCENT CAPITAL HIGH INCOME FUND LP | 2017-10-30 | 2020-03-23 | $15,029 | $15,029 | |||
| 1. DESERT PROJECTS LLC | 2019-02-27 | 2020-10-31 | $3,284,986 | $835,000 | $2,449,986 | $2,449,986 | |
| CAPITAL GAIN DIVIDENDS | $37,075 | P | |||||
| CAPITAL GAIN DIVIDENDS | $37,075 | P | |||||
| CAPITAL GAIN DIVIDENDS | $37,075 | P | |||||
| CAPITAL GAIN DIVIDENDS | $37,075 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,478,311 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $46,468 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $46,468 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $46,468 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $40,622 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $50,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $90,622 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $44,154 | OverpaymentAmt |
| Applied To ES Tax | $31,854 | AppliedToESTaxAmt |
| Refund | $12,300 | RefundAmt |
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 | WA | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DORSEY & WHITNEY TRUST COMPANY LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6053366832 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 E 8TH ST STE 319 | AddressLine1Txt |
| City | SIOUX FALLS | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57103 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 |
|---|---|---|---|---|---|---|
| DAVID N RENNIE | ||||||
| 401 E 8TH ST STE 319 | SIOUX FALLS | SD | 57103 | TRUSTEE | 1 | $0 |
| RICHARD FORDIANI | ||||||
| 1547 PALOS VERDES MALL 320 | WALNUT CREEK | CA | 94597 | TRUSTEE | 1 | $13,930 |
| THEODORE GIATAS | ||||||
| 900 Island Drive 508 | Rancho Mirage | CA | 92270 | TRUSTEE | 1 | $13,930 |
| DORSEY WHITNEY TRUST COMPANY LLC | ||||||
| 401 E 8TH ST STE 319 | SIOUX FALLS | SD | 57103 | TRUSTEE | 5 | $130,412 |
| JAMES R HOUSTON II | ||||||
| 64950 JACKSON STREET | THERMAL | CA | 92274 | EXECUTIVE DIRECTOR/PRESIDENT | 40 | $103,930 |
| JAIMI HOUSTON | ||||||
| 315 Calle Familia | San Clemente | CA | 92672 | TRUSTEE | 1 | $13,930 |
| TAMARA E HAIR | ||||||
| 401 E 8TH ST STE 319 | SIOUX FALLS | SD | 57103 | TRUSTEE | 1 | $13,930 |
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $62,707,927 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,580,756 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $66,288,683 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $66,288,683 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $994,330 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $65,294,353 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,264,718 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,264,718 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $46,468 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $46,468 | TotalTaxAmt |
| Distributable Before Adj | $3,218,250 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,218,250 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,218,250 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,835,645 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,835,645 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,835,645 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,218,250 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,837,777 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,835,645 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,837,777 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $997,868 | 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 | $2,220,382 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Old Town Artisan Studio Inc | ||||||||
| 78046 CALLE BARCELONA | La Quinta | CA | 92253 | N/A | PC | GENERAL OPERATING | $10,000 | |
| Food In Need of Distribution Inc | ||||||||
| PO BOX 10080 | Indio | CA | 92202 | N/A | PC | GENERAL FUND | $2,005,000 | |
| Desert AIDS Project | ||||||||
| 1695 N SUNRISE WAY | Palm Springs | CA | 92262 | N/A | PC | GENERAL OPERATING | $75,000 | |
| Palm Springs Air Museum Inc | ||||||||
| 745 N GENE AUTRY TRL | Palm Springs | CA | 92262 | N/A | PC | GENERAL OPERATING FUND | $61,452 | |
| Riverside County Deputy Sheriff | ||||||||
| 21810 CACTUS AVE | March Air Reserve Base | CA | 92518 | N/A | PC | GENERAL OPERATING | $25,000 | Foundation Inc |
| Friends of Vancouver Foundation | ||||||||
| 1201 3RD AVE | SEATTLE | WA | 98101 | N/A | PC | GENERAL FUND | $34,800 | |
| It Takes Guts | ||||||||
| 9630 BRUCEVILLE RD 106-240 | ELK GROVE | CA | 95757 | N/A | PC | GENERAL FUND | $1,000 | |
| University of Georgia Foundation | ||||||||
| 1 PRESS PL STE 101 | ATHENS | GA | 30605 | N/A | PC | FRIENDS OF CORTONA FUND | $25,000 | |
| Coachella Valley Mounted Rangers | ||||||||
| PO BOX 809 | Indio | CA | 92202 | N/A | PC | VETERANS BOOT CAMP PROGRAM | $20,029 | |
| Friends of Simon Fraser University | ||||||||
| 1015 DUPONT ST | Bellingham | WA | 98225 | N/A | PC | ICE HOCKEY PROGRAM | $34,800 | |
| St Margarets Episcopal Church | ||||||||
| 47 535 HWY 74 | PALM DESERT | CA | 92260 | N/A | PC | MUSIC DEPARTMENT AND | $12,000 | |
| McCallum Theatre | ||||||||
| 73000 FRED WARING DR | PALM DESERT | CO | 92260 | N/A | PC | GENERAL FUND | $20,000 | |
| Mizell Senior Center of Palm Springs | ||||||||
| 480 S SUNRISE WAY | Palm Springs | CA | 92262 | N/A | PC | GENERAL OPERATING | $25,000 | |
| Cove Communities Senior Association | ||||||||
| 73750 CATALINA WAY | Palm Desert | CA | 92260 | N/A | PC | THE JOSLYN CENTER | $15,000 | |
| The Desert Symphony Inc | ||||||||
| 72925 FRED WARING DR STE 101 | PALM DESERT | CA | 92260 | N/A | PC | GENERAL FUND | $2,500 | |
| Desert Community Foundation | ||||||||
| 75-105 MERLE DR SUITE 300 | PALM DESERT | CA | 92211 | N/A | PC | MARRAKESH SCHOLARSHIP FUND | $9,800 | |
| Desert Arc | ||||||||
| 73-255 COUNTRY CLUB DRIVE | Palm Desert | CA | 92260 | N/A | PC | GENERAL FUND | $50,000 | |
| Eisenhower Medical Center | ||||||||
| 39000 BOB HOPE DRIVE | Rancho Mirage | CA | 92270 | N/A | PC | COVID-19 RESPONSE FUND & | $100,000 | |
| CHP 11-99 Foundation | ||||||||
| 2244 N STATE COLLEGE BLVD | Fullerton | CA | 92831 | N/A | PC | GENERAL OPERATING | $50,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,576,381 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,020,322 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $741,400 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,478,311 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $3,512,961 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $60,251 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $3,512,961 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,558,884 | ExclusionAmt |
| Related Or Exempt Function Incm | $741,400 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,813,245 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (5 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 7 | INCOME OF $741,400 REPORTED IN PART XVI-A, LINE 7, COLUMN E, IS |
| 7 | EXEMPT UNDER THE PROVISIONS OF SECTION 1106(I) OF THE CARES ACT. |
| 7 | UNDER THIS PROVISION, ANY AMOUNT THAT OTHERWISE WOULD BE INCLUDABLE |
| 7 | IN AN ELIGIBLE RECIPIENTS GROSS INCOME BY REASON OF SUCH FORGIVENESS |
| 7 | IS EXCLUDED FROM GROSS INCOME. |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| JRH Living Trust Estate | |||||||
| 1 | 701 5th Ave Ste 6100 | Seattle | WA | 98104 | $28,962 | Yes (X) | |
| JRH Living Trust Estate | |||||||
| 2 | 701 5th Ave Ste 6100 | Seattle | WA | 98104 | $1,955,000 | Yes (X) | Yes (X) |
| JLH Living Trust | |||||||
| 3 | 701 5th Ave Ste 6100 | Seattle | WA | 98104 | $6,076,095 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | VACANT LOTS - INDIO, CA | NoncashPropertyDesc |
| Fair Market Value | $1,955,000 | FairMarketValueAmt |
| Received | 2020-12-31 | ReceivedDt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD TOTAL STK MKT INDEX F | $12,496,699 | $16,117,298 |
| VANGUARD TOT BD MKT IDX-INST | $29,563,486 | $30,822,472 |
| CRESCENT CAPITAL HIGH INCOME F |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WRT INTERNATIONAL LLC - CLASS | AT COST | $3,919,617 | $3,919,614 |
| WRT INTERNATIONAL LLC - CLASS | |||
| DESERT PROJECTS INC | AT COST | $12,313,336 | $12,313,336 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $17,356 | LegalFeesAmt |
| Disbursements Charitable Prps | $17,356 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX ADJUSTMENTS | Desc |
| Amt | $4,173,940 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FROM PARTNERSHIP/S-CORP | $227 | $227 | $0 |
| STATE RE-REGISTRATION FEE | $25 | $0 | $25 |
| OTHER EXPENSES | $14,342 | $0 | $14,342 |
| DESERT PROJECTS - OTHER EXPENS | $1,796 | $1,796 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| SBA LOAN FORGIVENESS | $741,400 | $0 |
| WRT INTERNATIONAL ORDINARY INCOME | $3,530,440 | $0 |
| CRESCENT CAPITAL NET SHORT-TERM CAPITAL | -$342 | -$342 |
| CRESCENT CAPITAL NET LONG-TERM CAPITAL L | -$1,320 | -$1,320 |
| SUNPEAK SOLAR LLC | -$50,054 | $0 |
| DESERT PROJECTS INC | $94,488 | $61,913 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DESERT PROJECTS 2020 - PROF FE | CategoryTxt |
| Amt | $1,288,671 | Amt |
| Net Investment Income | $100,000 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAX PAYMENT | $40,000 | $0 | $0 |
| FEDERAL ESTIMATES | $14,000 | $0 | $0 |
| PAYROLL TAXES | $3,388 | $0 | $3,388 |
| DESERT PROJECTS 2020 TAXES | $1,700 | $0 | $0 |
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