C AND A MCDONALD FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- C AND A MCDONALD FAMILY FOUNDATION (EIN 88-3312940)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-07-02
- IRS object ID
- 202531839349101208
- Schema version
- 2024v5.0
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-02T14:06:20-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 751226156 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCMAHON VINSON HUBBARD & ARMSTRONG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7822 ORLANDO AVE | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 794231942 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 883312940 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | C AND A MCDONALD FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CAND | BusinessNameControlTxt |
| Phone | 8067448617 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8001 QUAKER AVE SUITE L | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79424 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANN MCDONALD | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8067448617 | PhoneNum |
| Signature | 2025-06-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DIANE HUBBARD | PreparerPersonNm |
| PTIN | P00049244 | PTIN |
| Phone | 8067950470 | PhoneNum |
| Preparation | 2025-07-02 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,253,611 | 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 | $185,555 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $185,555 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $167,386 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $167,386 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $391,064 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,002,360 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $391,064 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $744,005 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $744,005 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $2,945 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,945 | AccountingFeesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $62,690 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $62,690 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $65,635 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $65,635 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $573,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $573,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $639,385 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $65,635 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $573,750 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $104,620 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $678,370 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $198,797 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $767,584 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $767,584 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $2,747,720 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,724,990 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,766,089 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $5,705,185 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,672,292 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,960,520 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,182,527 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,773,983 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,759,418 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $9,834,229 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,938,849 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,253,611 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $9,834,229 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $9,938,849 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,834,229 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,938,849 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,834,229 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,938,849 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,834,229 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $104,620 | ExcessRevenueOverExpensesAmt |
| Subtotal | $9,938,849 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $9,938,849 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (72 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| PATTERSON COMPANIE | P | 2024-12-02 | 2024-12-11 | $74,667 | $52,128 | $22,539 | $22,539 |
| PALANTIR TECHNOLOGIES | P | 2023-01-05 | 2024-11-04 | $113,014 | $17,267 | $95,747 | $95,747 |
| CACTUS INC | P | 2023-01-05 | 2024-08-13 | $131,078 | $97,055 | $34,023 | $34,023 |
| CARDINAL HEALTH | P | 2023-12-01 | 2024-06-03 | $58,087 | $62,951 | -$4,864 | -$4,864 |
| PAR PACIFIC HOLDINGS | P | 2023-09-01 | 2024-03-01 | $1,611 | $1,584 | $27 | $27 |
| GROUP 1 AUTOMOTIVE | P | 2024-09-03 | 2024-12-02 | $86,824 | $77,894 | $8,930 | $8,930 |
| IES HOLDINGS | P | 2026-12-06 | 2024-09-05 | $112,291 | $52,110 | $60,181 | $60,181 |
| US TREASURY NOTE 2% | P | 2023-07-18 | 2024-07-01 | $515,000 | $515,000 | ||
| ACCENTURE PLC | P | 2023-01-05 | 2024-05-09 | $78,794 | $68,703 | $10,091 | $10,091 |
| PHILLIPS 66 | P | 2023-12-01 | 2024-03-01 | $4,870 | $4,388 | $482 | $482 |
| KROGER CO | P | 2024-09-03 | 2024-12-02 | $32,246 | $28,525 | $3,721 | $3,721 |
| US TREASURY NOTE 1.875% | P | 2024-03-07 | 2024-09-03 | $510,000 | $509,990 | $10 | $10 |
| GUESS? INC | P | 2024-03-01 | 2024-06-03 | $60,615 | $65,724 | -$5,109 | -$5,109 |
| CACTUS INC | P | 2023-01-05 | 2024-04-04 | $20,595 | $20,646 | -$51 | -$51 |
| DELTA AIRLINES | P | 2023-12-01 | 2024-03-01 | $7,343 | $6,492 | $851 | $851 |
| CONCENTRIX CORP | P | 2024-09-03 | 2024-12-02 | $47,084 | $77,785 | -$30,701 | -$30,701 |
| MOLINA HEALTHCARE | P | 2024-06-03 | 2024-09-03 | $99,273 | $87,999 | $11,274 | $11,274 |
| BJS WHOLESALE CLUB | P | 2024-03-01 | 2024-06-03 | $78,126 | $64,481 | $13,645 | $13,645 |
| CASEYS GENERAK STORE | P | 2023-01-05 | 2024-04-04 | $21,081 | $15,199 | $5,882 | $5,882 |
| MCKESSON CORP | P | 2023-12-01 | 2024-03-01 | $71,197 | $64,614 | $6,583 | $6,583 |
| WABASH NATIONAL | P | 2024-06-03 | 2024-12-02 | $87,960 | $97,161 | -$9,201 | -$9,201 |
| BUNGE GLOBAL | P | 2024-06-03 | 2024-09-03 | $81,486 | $87,856 | -$6,370 | -$6,370 |
| NRG ENERGY | P | 2024-03-01 | 2024-06-03 | $91,988 | $66,925 | $25,063 | $25,063 |
| IES HOLDINGS | P | 2023-12-06 | 2024-04-04 | $65,164 | $35,848 | $29,316 | $29,316 |
| CARDINAL HEALTH | P | 2023-12-01 | 2024-03-01 | $1,024 | $965 | $59 | $59 |
| TARGET CORP | P | 2024-09-03 | 2024-12-02 | $74,508 | $87,760 | -$13,252 | -$13,252 |
| INSPERITY INC | P | 2024-06-03 | 2024-09-03 | $9,327 | $9,554 | -$227 | -$227 |
| ALBERTSONS INC | P | 2023-12-01 | 2024-06-03 | $66,663 | $70,201 | -$3,538 | -$3,538 |
| ALLISON TRANSMISSION | P | 2023-12-06 | 2024-04-04 | $39,306 | $25,909 | $13,397 | $13,397 |
| MACYS INC | P | 2023-12-01 | 2024-03-01 | $71,074 | $64,227 | $6,847 | $6,847 |
| PENSKE AUTOMOTIVE | P | 2024-09-03 | 2024-12-02 | $75,623 | $77,561 | -$1,938 | -$1,938 |
| HUMANA INC | P | 2024-06-03 | 2024-09-03 | $88,424 | $88,573 | -$149 | -$149 |
| JABIL INC | P | 2024-03-01 | 2024-06-03 | $53,298 | $66,120 | -$12,822 | -$12,822 |
| AVANTIS US SMALL CAP | P | 2023-01-05 | 2024-04-04 | $13,848 | $11,081 | $2,767 | $2,767 |
| AVNET INC | P | 2023-09-01 | 2024-03-01 | $64,132 | $68,291 | -$4,159 | -$4,159 |
| HYSTER-YALE INC | P | 2024-06-03 | 2024-12-02 | $17,949 | $23,505 | -$5,556 | -$5,556 |
| PILGRIMS PRIDE | P | 2024-06-03 | 2024-09-03 | $26,656 | $20,096 | $6,560 | $6,560 |
| PAR PACIFIC HOLDINGS | P | 2023-09-01 | 2024-06-03 | $47,361 | $64,867 | -$17,506 | -$17,506 |
| TRACTOR SUPPLY CO | P | 2023-01-05 | 2024-04-04 | $15,724 | $13,633 | $2,091 | $2,091 |
| RUSH ENTERPRISES | P | 2023-12-01 | 2024-03-01 | $78,178 | $65,400 | $12,778 | $12,778 |
| ACADEMY SPORTS | P | 2024-09-03 | 2024-12-02 | $70,937 | $77,147 | -$6,210 | -$6,210 |
| MCKESSON CORP | P | 2024-06-03 | 2024-09-03 | $87,248 | $88,371 | -$1,123 | -$1,123 |
| SANMINA CORP | P | 2024-03-01 | 2024-06-03 | $69,820 | $67,135 | $2,685 | $2,685 |
| CHEVRON CORPORATION | P | 2023-12-06 | 2024-04-04 | $7,106 | $6,336 | $770 | $770 |
| WABASH NATIONAL | P | 2023-09-01 | 2024-03-01 | $78,158 | $66,478 | $11,680 | $11,680 |
| SYSCO CORP | P | 2024-09-03 | 2024-12-02 | $82,686 | $85,353 | -$2,667 | -$2,667 |
| DELTA AIRLINES | P | 2023-12-01 | 2024-09-03 | $73,335 | $66,827 | $6,508 | $6,508 |
| PROFRAC HOLDING CORP | P | 2024-03-01 | 2024-06-03 | $72,731 | $67,283 | $5,448 | $5,448 |
| CONOCOPHILLIPS | P | 2023-01-05 | 2024-04-04 | $17,412 | $15,399 | $2,013 | $2,013 |
| RMR GROUP | P | 2023-12-01 | 2024-03-01 | $65,178 | $67,092 | -$1,914 | -$1,914 |
| COMPOSECURE INC | P | 2024-09-03 | 2024-12-02 | $59,968 | $43,714 | $16,254 | $16,254 |
| CH ROBINSON WORLDWIDE | P | 2024-06-03 | 2024-09-03 | $105,351 | $89,192 | $16,159 | $16,159 |
| SYSCO CORP | P | 2024-03-01 | 2024-06-03 | $59,258 | $64,855 | -$5,597 | -$5,597 |
| MICROSOFT | P | 2023-01-05 | 2024-04-04 | $17,505 | $13,983 | $3,522 | $3,522 |
| UNIVERSAL INS HOLDINGS | P | 2023-06-01 | 2024-03-01 | $75,130 | $55,395 | $19,735 | $19,735 |
| PILGRIMS PRIDE | P | 2024-06-03 | 2024-12-02 | $39,486 | $27,040 | $12,446 | $12,446 |
| DAKTRONICS INC | P | 2024-06-03 | 2024-09-03 | $40,514 | $35,232 | $5,282 | $5,282 |
| TENET HEALTHCARE | P | 2024-03-01 | 2024-06-03 | $94,329 | $65,919 | $28,410 | $28,410 |
| CENCORA INC | P | 2023-12-06 | 2024-04-04 | $10,531 | $9,085 | $1,446 | $1,446 |
| FHLMC 6%28 | P | 2023-07-10 | 2021-01-24 | $500,000 | $499,723 | $277 | $277 |
| INSPERITY INC | P | 2024-06-03 | 2024-12-02 | $66,636 | $80,199 | -$13,563 | -$13,563 |
| MERCURY GENERAL | P | 2024-06-03 | 2024-09-03 | $100,777 | $87,550 | $13,227 | $13,227 |
| PHILLIPS 66 | P | 2023-09-01 | 2024-06-03 | $64,506 | $54,382 | $10,124 | $10,124 |
| PALANTIR TECHNOLOGIES | P | 2023-01-05 | 2024-03-15 | $103,516 | $72,635 | $30,881 | $30,881 |
| BEST BUY COMPANY | P | 2024-09-03 | 2024-12-02 | $70,528 | $78,969 | -$8,441 | -$8,441 |
| BOEING COMPANY | P | 2023-01-05 | 2024-08-20 | $174,889 | $215,670 | -$40,781 | -$40,781 |
| KROGER CO | P | 2024-03-01 | 2024-06-03 | $68,664 | $65,432 | $3,232 | $3,232 |
| MURPHY USA | P | 2023-06-01 | 2024-03-01 | $72,087 | $50,071 | $22,016 | $22,016 |
| US TREASURY NOTE 1.5% | P | 2023-11-17 | 2024-11-30 | $207,000 | $207,000 | ||
| MARKET ACCESS HOLDINGS | P | 2023-12-06 | 2024-08-16 | $123,402 | $135,030 | -$11,628 | -$11,628 |
| BEST BUY COMPANY | P | 2024-03-01 | 2024-06-03 | $69,417 | $63,692 | $5,725 | $5,725 |
| GROUP 1 AUTOMOTIVE | P | 2023-03-01 | 2024-03-01 | $60,766 | $53,039 | $7,727 | $7,727 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $391,064 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $244,879 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Ruling Letter | 2023-04-17 | RulingLetterDt |
| Investment Income Excise Tax | $9,429 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $9,429 | SubtotalAmt |
| Tax Based On Investment Income | $9,429 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,160 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $4,610 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $8,770 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $49 | EsPenaltyAmt |
| Tax Due | $708 | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | LAURA STEWART | IndividualWithBooksNm |
| Phone | 8067448617 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8001 QUAKER AVENUE SUITE J | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79424 | 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 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| ANN MCDONALD | ||||||||
| 8001 QUAKER AVENUE SUITE J | LUBBOCK | TX | 79424 | PRESIDENT | 000.00 | $0 | $0 | $0 |
| KAREN LOUIS MCDONALD | ||||||||
| 8001 QUAKER AVENUE SUITE J | LUBBOCK | TX | 79424 | VICE PRESIDE | 000.00 | $0 | $0 | $0 |
| ERIC MCDONALD | ||||||||
| 8001 QUAKER AVENUE SUITE J | LUBBOCK | TX | 79424 | VICE PRESIDE | 000.00 | $0 | $0 | $0 |
| LAURA STEWART | ||||||||
| 8001 QUAKER AVENUE SUITE J | LUBBOCK | TX | 79424 | SECRETARY | 000.00 | $0 | $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 | THE FOUNDATION'S SOLE ACTIVITY IS MAKING GRANTS TO EXEMPT 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 | $9,988,343 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $974,313 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,962,656 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $10,962,656 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $164,440 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,798,216 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $539,911 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $539,911 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,429 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,429 | TotalTaxAmt |
| Distributable Before Adj | $530,482 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $530,482 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $530,482 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $573,750 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $573,750 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $530,482 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr1 | $10,334 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $10,334 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $573,750 | QualifyingDistributionsAmt |
| Applied To Current Year | $530,482 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $43,268 | RemainingDistriFromCorpusAmt |
| Total Corpus | $53,602 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $53,602 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $10,334 | ExcessFromYear1Amt |
| Excess From Current Year | $43,268 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| TEXAS TECH FOUNDATION | |||||||
| P O BOX 41081 | LUBBOCK | TX | 79409 | NONE | PAID | SUPPORT FOR JAZZ INSTRUMENTS & EQUIP | $50,000 |
| OPEN DOOR | |||||||
| 1916 13TH STREET | LUBBOCK | TX | 79401 | NONE | PAID | PROGRAM SUPPORT | $20,000 |
| EARLY LEARNING CENTER | |||||||
| 1639 MAIN STREET | LUBBOCK | TX | 79401 | NONE | PAID | PROGRAM SUPPORT | $5,000 |
| AMERICAN WINDMILL MUSEUM | |||||||
| 1701 CANYON LAKE DR | LUBBOCK | TX | 79403 | NONE | PAID | PROGRAM SUPPORT | $50,000 |
| ALL SAINTS EPISCOPAL SCHOOL | |||||||
| 3222 103RD STREET | LUBBOCK | TX | 79423 | NONE | PAID | SUPPORT FOR EQUIPMENT NEEDS | $65,000 |
| HOPE NETWORK MINISTRIES | |||||||
| P O BOX 274 | KELLER | TX | 76244 | NONE | PAID | PROGRAM SUPPORT | $225,000 |
| RANCHING HERITAGE ASSOCIATION | |||||||
| 3121 4TH STREET | LUBBOCK | TX | 79409 | NONE | PAID | EDUCATION ASSISTANCE | $50,000 |
| LUBBOCK SYMPHONY ORCHESTRA | |||||||
| 601 AVENUE K | LUBBOCK | TX | 79401 | NON | PROGRAM SUPPORT | $25,000 | |
| FIBERMAX CENTER FOR DISCOVERY | |||||||
| 1121 CANYON LAKE DR | LUBBOCK | TX | 79403 | NONE | MARKETING ASSISTANCE | $3,750 | |
| FELLOWSHIP OF CHRISTIAN ATHLETES | |||||||
| 611 UNIVERSITY AVENUE | LUBBOCK | TX | 79401 | NONE | PROGRAM SUPPORT | $5,000 | |
| HIGHPOINT VILLAGE | |||||||
| 6223 COUNTY RD 6300 | LUBBOCK | TX | 79416 | NONE | PROGRAM SUPPORT | $25,000 | |
| COMMUNITY FOUNDATION OF WEST TEXAS | |||||||
| 6102 82ND ST SUITE 8B | LUBBOCK | TX | 79424 | NONE | SCHOLARSHIP FUND | $50,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $573,750 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $185,555 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $167,386 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $391,064 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $744,005 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $744,005 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $2,945 | Amt |
| Net Investment Income | $2,945 | NetInvestmentIncomeAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CHARLES SCHWAB FIXED INCOME | BondNm |
| EOY Book Value | $1,773,983 | EOYBookValueAmt |
| EOYFMV | $1,759,418 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CHARLES SCHWAB EQUITIES & EXC FUNDS | StockNm |
| EOY Book Value | $5,672,292 | EOYBookValueAmt |
| EOYFMV | $6,960,520 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,724,990 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,766,089 | USGovtObligationsEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| INVESTMENT MANAGEMENT | $53,987 | $53,987 |
| BANK FEES | $15 | $15 |
| MISCELLANEOUS FEES | $8,688 | $8,688 |
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