HOUSTON FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- HOUSTON FAMILY FOUNDATION (EIN 20-3853573)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-21
- IRS object ID
- 202243259349100124
- Schema version
- 2021v4.1
- 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
- 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 | 2022-11-21T18:00:37-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | 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 | 2022-11-21 | SignatureDt |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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 | $74,886,304 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,821,858 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $952,786 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $952,786 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,180,002 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $33,741,356 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,180,002 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $403,379 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $242,527 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,358,025 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,375,315 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $339,618 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $67,932 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $271,686 | 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 Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $581,798 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $50,000 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $46,887 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $46,887 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $63,974 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $750 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $10,359 | 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 | $874,222 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $9,525 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,906,499 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $165,569 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $291,570 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $571,200 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $571,200 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,477,699 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $165,569 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $862,770 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,880,326 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,209,746 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,976,226 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,135,382 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,135,382 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $42,060,185 | CorporateStockBOYAmt |
| Corporate Stock EOY | $55,133,805 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $62,075,483 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $23,639,979 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $11,675,439 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $11,675,439 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $68,676,390 | TotalAssetsBOYAmt |
| Total Assets EOY | $67,944,626 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $74,886,304 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $68,676,390 | CapitalStockBOYAmt |
| Capital Stock EOY | $67,944,626 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $68,676,390 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $67,944,626 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $68,676,390 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $67,944,626 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $68,676,390 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,880,326 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $71,556,716 | SubtotalAmt |
| Other Decreases | $3,612,090 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $67,944,626 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (30 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 9283.73936 VANGUARD TTL BD MKT IDX-INST | 2021-06-18 | $105,185 | $107,975 | -$2,790 | -$2,790 | ||
| 8368.51164 VANGUARD TTL BD MKT IDX-INST | 2021-06-18 | $94,815 | $97,993 | -$3,178 | -$3,178 | ||
| 22529.299 VANGUARD TTL BD MKT IDX-INST | 2021-07-20 | $257,510 | $260,893 | -$3,383 | -$3,383 | ||
| 200890.25928 VANGUARD TTL BD MKT IDX-INST | 2021-07-20 | $2,296,176 | $2,256,830 | $39,346 | $39,346 | ||
| 4052.00772 VANGUARD TTL BD MKT IDX-INST | 2021-07-20 | $46,314 | $46,639 | -$325 | -$325 | 2020-04-30 | |
| 217760.69543 VANGUARD TTL BD MKT IDX-INST | 2021-08-20 | $2,482,472 | $2,436,845 | $45,627 | $45,627 | ||
| 3730.53257 VANGUARD TTL BD MKT IDX-INST | 2021-08-20 | $42,528 | $42,938 | -$410 | -$410 | 2020-05-13 | |
| 168211.3234 VANGUARD TTL BD MKT IDX-INST | 2021-09-17 | $1,912,563 | $1,882,420 | $30,143 | $30,143 | ||
| 3292.6346 VANGUARD TTL BD MKT IDX-INST | 2021-09-17 | $37,437 | $37,865 | -$428 | -$428 | 2020-05-25 | |
| 7313.592 VANGUARD TTL BD MKT IDX-INST | 2021-11-12 | $82,132 | $82,561 | -$429 | -$429 | ||
| 25012.628 VANGUARD TTL BD MKT IDX-INST | 2021-11-12 | $280,892 | $279,891 | $1,001 | $1,001 | 2019-10-08 | |
| 3292.658 VANGUARD TTL BD MKT IDX-INST | 2021-11-12 | $36,977 | $37,536 | -$559 | -$559 | 2020-06-08 | |
| 5098.139 VANGUARD TTL STK MKT-INST | 2021-11-12 | $600,000 | $422,891 | $177,109 | $177,109 | 2020-09-30 | |
| 47466. VANGUARD TTL STK MKT-INST | 2021-12-29 | $5,606,684 | $3,448,880 | $2,157,804 | $2,157,804 | 2019-06-19 | |
| 1. DESERT PROJECTS LLC | 2021-12-31 | $2,800,000 | $2,817,480 | -$17,480 | -$17,480 | 2019-02-27 | |
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P | |||||
| CAPITAL GAIN DIVIDENDS | $54,827 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,180,002 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $30,715 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $30,715 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $30,715 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $31,854 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $13,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $45,354 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $14,639 | OverpaymentAmt |
| Applied To ES Tax | $14,639 | AppliedToESTaxAmt |
| Refund | $0 | 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 |
|---|---|---|---|---|---|---|
| RICHARD FORDIANI | ||||||
| 401 E 8TH ST STE 319 | SIOUX FALLS | SD | 57103 | TRUSTEE | 1 | $14,128 |
| THEODORE GIATAS | ||||||
| 401 E 8TH ST STE 319 | SIOUX FALLS | SD | 57103 | TRUSTEE | 1 | $14,128 |
| DORSEY WHITNEY TRUST COMPANY LLC | ||||||
| 401 E 8TH ST STE 319 | SIOUX FALLS | SD | 57103 | TRUSTEE | 5 | $137,510 |
| JAMES R HOUSTON II | ||||||
| 401 E 8TH ST STE 319 | SIOUX FALLS | SD | 57103 | EXECUTIVE DIRECTOR/PRESIDENT | 40 | $149,128 |
| JAIMI HOUSTON | ||||||
| 401 E 8TH ST STE 319 | SIOUX FALLS | SD | 57103 | TRUSTEE | 1 | $10,596 |
| DAVID N RENNIE | ||||||
| 401 E 8TH ST STE 319 | SIOUX FALLS | SD | 57103 | TRUSTEE | 1 | $0 |
| TAMARA E HAIR | ||||||
| 401 E 8TH ST STE 319 | SIOUX FALLS | SD | 57103 | TRUSTEE | 1 | $14,128 |
| 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 | $67,305,026 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,032,259 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $70,337,285 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $70,337,285 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,055,059 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $69,282,226 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,464,111 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,464,111 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $30,715 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $30,715 | TotalTaxAmt |
| Distributable Before Adj | $3,433,396 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,433,396 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,433,396 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $862,770 | 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 | $862,770 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,433,396 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,220,382 | 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 | $862,770 | QualifyingDistributionsAmt |
| Applied To Year1 | $862,770 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $0 | 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 | $1,357,612 | Taxable2Amt |
| Undistributed Income CY | $3,433,396 | 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 (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Food In Need of Distribution Inc | |||||||
| PO BOX 10080 | Indio | CA | 92202 | N/A | PC | GENERAL FUND | $50,000 |
| Desert AIDS Project | |||||||
| 1695 N SUNRISE WAY | Palm Springs | CA | 92262 | N/A | PC | GENERAL OPERATING | $65,000 |
| Palm Springs Air Museum Inc | |||||||
| 745 N GENE AUTRY TRL | Palm Springs | CA | 92262 | N/A | PC | GENERAL OPERATING FUND | $200,000 |
| Hazelden Betty Ford Foundation | |||||||
| 15251 PLEASANT VALLEY RD RW-7 | Center City | MN | 550120011 | N/A | PC | SCHOLARSHIPS FOR ADDICTION | $2,000 |
| Friends of Vancouver Foundation | |||||||
| 1201 3RD AVE | SEATTLE | WA | 98101 | N/A | PC | GENERAL FUND | $35,300 |
| It Takes Guts | |||||||
| 9630 BRUCEVILLE RD 106-240 | ELK GROVE | CA | 95757 | N/A | PC | GENERAL FUND | $1,000 |
| Dogs for Our Brave Inc | |||||||
| 6244 CLAYTON AVE | St Louis | MO | 63139 | N/A | PC | GENERAL OPERATING | $3,000 |
| Friends of Florence | |||||||
| 4545 W ST NW | Washington DC | DC | 20007 | N/A | PC | GENERAL OPERATING | $30,000 |
| Friends of Simon Fraser University | |||||||
| 1015 DUPONT ST | Bellingham | WA | 98225 | N/A | PC | ICE HOCKEY PROGRAM | $35,300 |
| McCallum Theatre | |||||||
| 73000 FRED WARING DR | PALM DESERT | CO | 92260 | N/A | PC | GENERAL FUND | $29,300 |
| Desert Community Foundation | |||||||
| 75-105 MERLE DR SUITE 300 | PALM DESERT | CA | 92211 | N/A | PC | MARRAKESH SCHOLARSHIP FUND | $5,300 |
| Boys & Girls Clubs of Coachella Valley | |||||||
| 42600 COOK STREET SUITE 120 | Palm Deset | CA | 92211 | N/A | PC | GENERAL FUND | $65,000 |
| Eisenhower Medical Center | |||||||
| 39000 BOB HOPE DRIVE | Rancho Mirage | CA | 92270 | N/A | PC | COVID-19 RESPONSE FUND & | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $571,200 | 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 |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $952,786 | 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 Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $403,379 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,180,002 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,536,167 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,536,167 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
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 |
|---|---|---|---|---|---|---|
| JRH Living Trust Estate | ||||||
| 1 | 701 5th Ave Ste 6100 | Seattle | WA | 98104 | $1,205,938 | Yes (X) |
| James Houston Estate | ||||||
| 2 | 701 5th Ave Ste 6100 | Seattle | WA | 98104 | $1,500,000 | Yes (X) |
| JLH Marital Trust | ||||||
| 3 | 701 5th Ave Ste 6100 | Seattle | WA | 98104 | $115,920 | Yes (X) |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD TOTAL STK MKT INDEX F | $25,305,762 | $32,140,929 |
| VANGUARD TOT BD MKT IDX-INST | $24,228,043 | $24,360,987 |
| VANGUARD RUSSELL 3000 INDEX FU | $5,600,000 | $5,573,567 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WRT INTERNATIONAL LLC - CLASS | |||
| WRT INTERNATIONAL LLC - CLASS | |||
| DESERT PROJECTS 2019 LLC | AT COST | $11,675,439 | $11,675,439 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX ADJUSTMENTS | Desc |
| Amt | $3,612,090 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE RE-REGISTRATION FEE | $25 | $0 | $25 |
| OTHER EXPENES | $9,500 | $0 | $9,500 |
| HEALTH INSURANCE REIMBURSEMENT | $33,305 | $0 | $0 |
| SUNPEAK SOLAR LLC (26-1107508) | $20,575 | $0 | $0 |
| WRT INTERNATIONAL LLC - NET LO | $810,817 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| DESERT PROJECTS LLC - ROYALTIES | $232,013 | $232,013 |
| DESERT PROJECTS LLC - BAD DEBT RECOVERY | $160,852 | $0 |
| DESERT PROJECTS LLC - FOREIGN EXCHANGE G | $10,514 | $10,514 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DESERT PROJECTS LLC | CategoryTxt |
| Amt | $581,798 | Amt |
| Net Investment Income | $50,000 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PRIOR YEAR EXTENSION | $50,000 | $0 | $0 |
| PAYROLL TAXES | $10,359 | $0 | $10,359 |
| FOREIGN TAXES | $750 | $750 | $0 |
| DESERT PROJECTS LLC STATE TAXE | $2,865 | $0 | $0 |
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