DISCOVERY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- DISCOVERY FOUNDATION (EIN 75-2625743)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202223199349107117
- Schema version
- 2021v4.2
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T15:15:31-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 751854024 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLAND GARVEY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 N CENTRAL EXPY 550 | AddressLine1Txt |
| City | RICHARDSON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 750802007 | 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 | 752625743 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DISCOVERY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DISC | BusinessNameControlTxt |
| Phone | 2143462975 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4514 COLE AVE 600 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75205 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR DAVID WINTER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2143462975 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DR | PersonFirstNm |
| Person Last | DAVID WINTER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN M HOWELL | PreparerPersonNm |
| PTIN | P00133137 | PTIN |
| Phone | 9722312503 | PhoneNum |
| Preparation | 2022-11-15 | PreparationDt |
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 | 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 | $17,963,367 | 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 | $1 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $218,403 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $210,267 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $693,669 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,769,850 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $693,669 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $225,320 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $191,588 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,137,393 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,095,525 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $72,800 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $36,400 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $36,400 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $52,805 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $26,402 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $26,403 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,198 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $599 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $599 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,043 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,523 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,522 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $78,009 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $77,878 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $131 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $32,369 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $22,228 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $4,805 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,744 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $16,700 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $19,507 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $17,089 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $282,175 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $167,033 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $88,949 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $518,464 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $518,464 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $800,639 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $167,033 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $607,413 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $336,754 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $928,492 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $492,665 | CashBOYAmt |
| Cash EOY | $835,671 | CashEOYAmt |
| Cash EOYFMV | $835,671 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $658 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $658 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $658 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $7,673,595 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,118,359 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,665,570 | CorporateStockEOYFMVAmt |
| Land Bldg Investments BOY | $1,211,585 | LandBldgInvestmentsBOYAmt |
| Other Investments BOY | $458,494 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $458,853 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $458,853 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $9,413 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,798 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $4,359 | LandBOYAmt |
| Land EOY | $2,615 | LandEOYAmt |
| Land EOYFMV | $2,615 | LandEOYFMVAmt |
| Total Assets BOY | $9,840,698 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,416,156 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,963,367 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $3,294 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $241,998 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,294 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $241,998 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $9,837,404 | RetainedEarningBOYAmt |
| Retained Earning EOY | $10,174,158 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,837,404 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,174,158 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,840,698 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,416,156 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,837,404 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $336,754 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $10,174,158 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,174,158 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| VARIOUS PUBLICLY TRADED SECURITIES | $2,804,850 | $1,800,978 | $1,003,872 | $1,003,872 | |
| LOSS ON SALE OF LAND | $965,000 | $1,275,203 | -$310,203 | -$310,203 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $693,669 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,906 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $12,906 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $12,906 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,640 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $18,550 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $24,190 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $17 | EsPenaltyAmt |
| Overpayment | $11,267 | OverpaymentAmt |
| Applied To ES Tax | $11,267 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| 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 | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DISCOVERY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2143462975 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4514 COLE AVENUE 600 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75205 | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| DR DAVID WINTER | ||||||||
| 4514 COLE AVE 600 | DALLAS | TX | 75205 | PRESIDENT/CEO/CHAIRMAN/DIRECTOR | 5.00 | $0 | $0 | $0 |
| ISABELLE MORO | ||||||||
| 4514 COLE AVE 600 | DALLAS | TX | 75205 | SECRETARY | 40.00 | $72,800 | $0 | $0 |
| CLINT JOSEY | ||||||||
| 4514 COLE AVE 600 | DALLAS | TX | 75205 | VICE PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| DR PAUL NEUBACH | ||||||||
| 4514 COLE AVE 600 | DALLAS | TX | 75205 | VICE PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| DR AMY ANDERSON | ||||||||
| 4514 COLE AVE 600 | DALLAS | TX | 75205 | TREASURER/DIRECTOR | 1.00 | $0 | $0 | $0 |
| DR CRISTIE COLUMBUS | ||||||||
| 4514 COLE AVE 600 | DALLAS | TX | 75205 | VICE PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ISABELLE A MORO | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3883 TURTLE CREEK BLVD 718 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | SECRETARY | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $72,800 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $14,944,105 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $869,490 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,813,595 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,813,595 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $237,204 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,576,391 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $778,820 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $778,820 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,906 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,906 | TotalTaxAmt |
| Distributable Before Adj | $765,914 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $765,914 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $765,914 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $607,413 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $607,413 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $765,914 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $568,464 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $607,413 | QualifyingDistributionsAmt |
| Applied To Year1 | $568,464 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $38,949 | 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 | $726,965 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVE STE 6P | SHERMAN | TX | 75090 | N/A | PUBLIC CHARITY | FUNDING | $45,286 |
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVE STE 6P | SHERMAN | TX | 75090 | N/A | PUBLIC CHARITY | FUNDING | $6,459 |
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVE STE 6P | SHERMAN | TX | 75090 | N/A | PUBLIC CHARITY | FUNDING | $29,218 |
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVE STE 6P | SHERMAN | TX | 75090 | N/A | PUBLIC CHARITY | FUNDING | $30,753 |
| BAYLOR HEALTH CARE SYSTEM FOUNDATION | |||||||
| 3600 GASTON AVE STE 6P | DALLAS | TX | 75246 | N/A | PUBLIC CHARITY | FUNDING | $62,500 |
| BAYLOR UNIVERSITY | |||||||
| 1 BEAR PL UNIT 97026 | WACO | TX | 76798 | N/A | PUBLIC CHARITY | FUNDING | $45,000 |
| BAYLOR UNIVERSITY | |||||||
| 1 BEAR PL UNIT 97026 | WACO | TX | 76798 | N/A | PUBLIC CHARITY | FUNDING | $25,000 |
| CLAYTON DABNEY FOR KIDS WITH CANCER | |||||||
| 2825 OAK LAWN AVE STE 192136 | DALLAS | TX | 75219 | N/A | PUBLIC CHARITY | FUNDING | $5,000 |
| IRVING HEALTHCARE FOUNDATION | |||||||
| 1901 N MACARTHUR BLVD | IRVING | TX | 75061 | N/A | PUBLIC CHARITY | FUNDING | $95,017 |
| NEW FRIENDS NEW LIFE | |||||||
| PO BOX 192378 | DALLAS | TX | 75219 | N/A | PUBLIC CHARITY | FUNDING | $69,231 |
| NORTH DALLAS SHARED MINISTRIES | |||||||
| 2875 MERRELL RD | DALLAS | TX | 75229 | N/A | PUBLIC CHARITY | FUNDING | $25,000 |
| TEXAS A&M COLLEGE OF NURSING | |||||||
| 8447 RIVERSIDE PARKWAY | BRYAN | TX | 77807 | N/A | PUBLIC CHARITY | FUNDING | $25,000 |
| TEXAS A&M COLLEGE OF PHARMACY | |||||||
| 159 REYNOLDS MEDICAL BLDG MS 1114 | COLLEGE STATION | TX | 77843 | N/A | PUBLIC CHARITY | FUNDING | $30,000 |
| THE FAMILY PLACE | |||||||
| PO BOX 799 | DALLAS | TX | 75209 | N/A | PUBLIC CHARITY | FUNDING | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $518,464 | 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 | $1 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $218,403 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $190,572 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $693,669 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (6 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| SULPHUR RIVER EXPLORATION | 14 | $358 |
| PEAKS AND VALLEYS | 14 | $658 |
| SETTLEMENT FUND OF CLASS ACTION | 14 | $20,347 |
| STATE OF COLORADO REFUND | 14 | $66 |
| MISCELLANEOUS REIMBURSEMENT | 14 | $12,269 |
| OTHER REVENUE | 14 | $1,050 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,137,393 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,137,393 | 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 FEES | CategoryTxt |
| Amt | $7,043 | Amt |
| Net Investment Income | $3,523 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,522 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| TOSHIBA 85965B SATELLITE NOTEBOOK | 2009-10-13 | $563 | $281 | 200DB | 5.000000000000 | $0 | $0 |
| FUJITSU SCANSNAP 81500M SCANNER | 2009-12-14 | $405 | $202 | 200DB | 5.000000000000 | $0 | $0 |
| EXTERNAL DRIVE AND USB CABLES | 2010-10-01 | $306 | $306 | 200DB | 5.000000000000 | $0 | $0 |
| OFFICE CHAIR | 2011-01-03 | $91 | $91 | 200DB | 7.000000000000 | $0 | $0 |
| SURGE PROTECTOR | 2011-10-04 | $105 | $105 | 200DB | 5.000000000000 | $0 | $0 |
| DELL LATITUDE E6530 | 2013-01-07 | $1,555 | $1,555 | 200DB | 5.000000000000 | $0 | $0 |
| DELL LATITUDE 3550 | 2015-10-13 | $939 | $939 | 200DB | 5.000000000000 | $0 | $0 |
| APPLE LAPTOP | 2020-07-20 | $2,196 | $439 | 200DB | 5.000000000000 | $703 | $0 |
| DELL LATITUDE 5510 | 2020-08-20 | $2,115 | $423 | 200DB | 5.000000000000 | $677 | $0 |
| HP LAPTOP | 2020-10-06 | $1,138 | $228 | 200DB | 5.000000000000 | $364 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SECURITIES - CHARLES SCHWAB | StockNm |
| EOY Book Value | $9,118,359 | EOYBookValueAmt |
| EOYFMV | $16,665,570 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MINERAL INTERESTS | AT COST | $378,713 | $378,713 |
| PARTNERSHIP INTEREST - PEAKS & VALLEYS, LLC | AT COST | $78,935 | $78,935 |
| PARTNERSHIP INTEREST - SULPHUR RIVER PARTNERSHIP | AT COST | $1,205 | $1,205 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| TOSHIBA 85965B SATELLITE NOTEBOOK | $563 | $563 | $0 |
| FUJITSU SCANSNAP 81500M SCANNER | $405 | $405 | $0 |
| EXTERNAL DRIVE AND USB CABLES | $306 | $306 | $0 |
| OFFICE CHAIR | $91 | $91 | $0 |
| SURGE PROTECTOR | $105 | $105 | $0 |
| DELL LATITUDE E6530 | $1,555 | $1,555 | $0 |
| DELL LATITUDE 3550 | $939 | $939 | $0 |
| APPLE LAPTOP | $2,196 | $1,142 | $1,054 |
| DELL LATITUDE 5510 | $2,115 | $1,100 | $1,015 |
| HP LAPTOP | $1,138 | $592 | $546 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $1,198 | LegalFeesAmt |
| Net Investment Income | $599 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $599 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DUES & SUBSCRIPTIONS | $2,415 | $0 | $0 |
| INSURANCE | $3,358 | $0 | $3,358 |
| OFFICE EXPENSE | $1,603 | $0 | $1,603 |
| OFFICE SUPPLIES | $417 | $0 | $417 |
| PARKING | $1,200 | $0 | $1,200 |
| PAYROLL CONTRACTOR | $941 | $0 | $941 |
| PAYROLL REIMBURSEMENT | $9,553 | $0 | $9,553 |
| POSTAGE AND DELIVERY | $17 | $0 | $17 |
| ROYALTY DEDUCTIONS | $3 | $3 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ROYALTY INCOME | $190,572 | $190,572 | $190,572 |
| SULPHUR RIVER EXPLORATION | $358 | $358 | $358 |
| PEAKS AND VALLEYS | $658 | $658 | $658 |
| SETTLEMENT FUND OF CLASS ACTION | $20,347 | $20,347 | |
| STATE OF COLORADO REFUND | $66 | $66 | |
| MISCELLANEOUS REIMBURSEMENT | $12,269 | $12,269 | |
| OTHER REVENUE | $1,050 | $1,050 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PAYROLL TAX LIABILITIES | $3,294 | $3,189 |
| RECONCILIATION TIMING DIFFERENCES | $0 | $238,809 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING FEES | $263 | $132 | $131 |
| BROKERAGE FEE | $77,746 | $77,746 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PRODUCTION TAXES | $11,080 | $11,080 | $0 |
| PROPERTY TAXES | $6,344 | $6,344 | $0 |
| PAYROLL TAXES | $9,609 | $4,804 | $4,805 |
| INCOME TAXES | $5,336 | $0 | $0 |