POSEY FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- POSEY FAMILY FOUNDATION (EIN 75-2768325)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-06-10
- IRS object ID
- 202101619349101205
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-06-10T10:50:32-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752916499 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANIELS & ERICKSON PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5323 SPRING VALLEY RD STE 250 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75254 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752768325 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POSEY FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POSE | BusinessNameControlTxt |
| Phone | 8432243399 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1722 ROUTH STREET NO 720 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRUMAN SMITH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8432243399 | PhoneNum |
| Signature | 2021-06-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TRUMAN | PersonFirstNm |
| Person Last | SMITH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL PENDLETON | PreparerPersonNm |
| PTIN | P00710103 | PTIN |
| Phone | 2147508985 | PhoneNum |
| Preparation | 2021-06-02 | 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 | 2020 | 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 | $17,673,073 | 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 |
| Dividends Rev And Expnss | $358,726 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $358,726 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $980,721 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,000,542 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $980,721 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,339,447 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,339,447 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,150 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,075 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,075 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $51,948 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $51,948 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $12,761 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,761 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $68,859 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $58,784 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,075 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $837,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $837,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $905,859 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $58,784 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $839,075 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $433,588 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,280,663 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $491,171 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $321,715 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $321,715 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $12,599,168 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,366,923 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $14,366,923 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,924,060 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,984,435 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,984,435 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $17,014,399 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,673,073 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,673,073 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $12,479,766 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $12,479,766 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $4,534,633 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,193,307 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,014,399 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,673,073 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,014,399 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,673,073 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,014,399 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $433,588 | ExcessRevenueOverExpensesAmt |
| Other Increases | $225,086 | OtherIncreasesAmt |
| Subtotal | $17,673,073 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $17,673,073 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (41 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| WESTWOOD TRUST- ST COVERED | 2020-01-15 | 2020-12-31 | $2,867,004 | $2,889,403 | -$22,399 | -$22,399 | |
| WESTWOOD TRUST- LT COVERED | 2018-06-15 | 2020-12-31 | $2,710,660 | $2,106,380 | $604,280 | $604,280 | |
| 8,720.961 SHS EMERGING MARKETS | 2020-08-18 | 2020-10-30 | $625,232 | $689,317 | -$64,085 | -$64,085 | |
| 6,084.852 SHS FLEXIBLE INCOME | 2019-08-05 | 2020-03-31 | $394,265 | $408,935 | -$14,670 | -$14,670 | |
| 158.974 SHS INTERNATIONAL EQUITY | 2020-08-18 | 2020-10-30 | $20,332 | $21,720 | -$1,388 | -$1,388 | |
| 519.395 SHS INTERNATIONAL FIXED INCOME | 2019-08-05 | 2020-05-14 | $42,330 | $38,697 | $3,633 | $3,633 | |
| 130 SHS ABBOTT LABS | 2018-06-15 | 2020-08-14 | $13,102 | $3,324 | $9,778 | $9,778 | |
| 14,148.413 SHS EMERGING MARKETS | 2018-06-15 | 2020-10-30 | $1,014,342 | $1,094,047 | -$79,705 | -$79,705 | |
| 8,012.596 SHS INCOME OPPORTUNITY | 2018-06-15 | 2020-08-14 | $1,577,544 | $1,602,218 | -$24,674 | -$24,674 | |
| 6,470.743 SHS INTERNATIONAL EQUITY | 2018-10-31 | 2020-08-14 | $836,545 | $767,833 | $68,712 | $68,712 | |
| 10,926.838 SHS INTERNATIONAL EQUITY | 2018-10-31 | 2020-10-30 | $1,397,484 | $1,364,261 | $33,223 | $33,223 | |
| 4,660.008 SHS INTERNATIONAL FIXED INCOME | 2018-06-15 | 2020-05-14 | $379,788 | $349,505 | $30,283 | $30,283 | |
| 680 SHS JOHNSON & JOHNSON | 2018-06-15 | 2020-08-14 | $101,447 | $43,136 | $58,311 | $58,311 | |
| 570 SHS JPMORGAN CHASE & COMPANY | 2018-06-15 | 2020-03-06 | $61,040 | $25,144 | $35,896 | $35,896 | |
| 600 SHS JPMORGAN CHASE & COMPANY | 2018-06-15 | 2020-08-14 | $61,674 | $23,754 | $37,920 | $37,920 | |
| 1,331.574 SHS REAL ESTATE INVESTMENT TRUST | 2018-06-15 | 2020-03-31 | $349,307 | $599,865 | -$250,558 | -$250,558 | |
| WESTWOOD TRUST- ALLCAP GROWTH INV TR (FROM K-1) | 2020-01-15 | 2020-12-31 | $4,626 | $4,626 | $4,626 | ||
| WESTWOOD TRUST- ALLCAP GROWTH INV TR (FROM K-1) | 2018-06-15 | 2020-12-31 | $179,825 | $179,825 | $179,825 | ||
| WESTWOOD TRUST- EMERGING MARKETS FD (FROM K-1) | 2020-01-15 | 2020-12-31 | $117,395 | $117,395 | $117,395 | ||
| WESTWOOD TRUST- EMERGING MARKETS FD (FROM K-1) | 2018-06-15 | 2020-12-31 | $120,526 | $120,526 | $120,526 | ||
| WESTWOOD TRUST- FLEXIBLE INCOME FUND (FROM K-1) | 2020-01-15 | 2020-12-31 | $202,386 | -$202,386 | -$202,386 | ||
| WESTWOOD TRUST- FLEXIBLE INCOME FUND (FROM K-1) | 2018-06-15 | 2020-12-31 | $30,001 | -$30,001 | -$30,001 | ||
| WESTWOOD TRUST- INTL EQUITY FUND (FROM K-1) | 2020-01-15 | 2020-12-31 | $9,028 | $9,028 | $9,028 | ||
| WESTWOOD TRUST- INTL EQUITY FUND (FROM K-1) | 2018-06-15 | 2020-12-31 | $38,620 | $38,620 | $38,620 | ||
| WESTWOOD TRUST- INTL FIXED INCOME (FROM K-1) | 2020-01-15 | 2020-12-31 | $19,719 | -$19,719 | -$19,719 | ||
| WESTWOOD TRUST- INTL FIXED INCOME (FROM K-1) | 2018-06-15 | 2020-12-31 | $46,893 | -$46,893 | -$46,893 | ||
| WESTWOOD TRUST- LARGECAP INV TR (FROM K-1) | 2020-01-15 | 2020-12-31 | $4,861 | -$4,861 | -$4,861 | ||
| WESTWOOD TRUST- LARGECAP INV TR (FROM K-1) | 2018-06-15 | 2020-12-31 | $20,533 | $20,533 | $20,533 | ||
| WESTWOOD TRUST- LARGECAP SELECT FUND (FROM K-1) | 2020-01-15 | 2020-12-31 | $799 | $799 | $799 | ||
| WESTWOOD TRUST- LARGECAP SELECT FUND (FROM K-1) | 2018-06-15 | 2020-12-31 | $4,885 | $4,885 | $4,885 | ||
| WESTWOOD TRUST- REIT INVESTMENT FUND (FROM K-1) | 2020-01-15 | 2020-12-31 | $21,791 | -$21,791 | -$21,791 | ||
| WESTWOOD TRUST- REIT INVESTMENT FUND (FROM K-1) | 2018-06-15 | 2020-12-31 | $158,119 | $158,119 | $158,119 | ||
| WESTWOOD TRUST- SMALLCAP VALUE INV TR (FROM K-1) | 2020-01-15 | 2020-12-31 | $49,465 | $49,465 | $49,465 | ||
| WESTWOOD TRUST- SMALLCAP VALUE INV TR (FROM K-1) | 2018-06-15 | 2020-12-31 | $17,248 | $17,248 | $17,248 | ||
| WESTWOOD TRUST- SMIDCAP EQUITY INV TR (FROM K-1) | 2020-01-15 | 2020-12-31 | $44,468 | $44,468 | $44,468 | ||
| WESTWOOD TRUST- SMIDCAP EQUITY INV TR (FROM K-1) | 2018-06-15 | 2020-12-31 | $30,778 | $30,778 | $30,778 | ||
| WESTWOOD TRUST- INCOME OPPORTUNITY FD (FROM K-1) | 2020-01-15 | 2020-12-31 | $9,530 | -$9,530 | -$9,530 | ||
| WESTWOOD TRUST- INCOME OPPORTUNITY FD (FROM K-1) | 2018-06-15 | 2020-12-31 | $79,013 | $79,013 | $79,013 | ||
| 150,000 SHS CITIGROUP INC | 2015-06-05 | 2020-08-14 | $152,491 | $152,996 | -$505 | -$505 | |
| 500,000 SHS HEWLETT PACKARD ENTERPRISE COMPANY | 2019-03-15 | 2020-08-17 | $501,235 | $504,105 | -$2,870 | -$2,870 | |
| CAPITAL GAINS DIVIDENDS | $19,392 | $19,392 | $19,392 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $980,721 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $17,801 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $17,801 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $17,801 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,249 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $11,249 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $6,552 | TaxDueAmt |
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 |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| 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 |
| Individual With Books | BRADY VIGIL | IndividualWithBooksNm |
| Phone | 2143162367 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1722 ROUTH STREET STE 720 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| TIM SMITH | ||||||||
| 1722 ROUTH STREET STE 720 | DALLAS | TX | 75201 | PRESIDENT | 2.50 | $0 | $0 | $0 |
| DAN AHEARN | ||||||||
| 1722 ROUTH STREET STE 720 | DALLAS | TX | 75201 | DIRECTOR | 0.30 | $0 | $0 | $0 |
| SALLY POSEY | ||||||||
| 1722 ROUTH STREET STE 720 | DALLAS | TX | 75201 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JENNIFER P AHEARN | ||||||||
| 1722 ROUTH STREET STE 720 | DALLAS | TX | 75201 | SECRETARY | 0.30 | $0 | $0 | $0 |
| DONALD KEY | ||||||||
| 1722 ROUTH STREET STE 720 | DALLAS | TX | 75201 | DIRECTOR | 0.30 | $0 | $0 | $0 |
| 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 |
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 | $15,424,139 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $399,776 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,823,915 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,823,915 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $237,359 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,586,556 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $779,328 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $779,328 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $17,801 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $17,801 | TotalTaxAmt |
| Distributable Before Adj | $761,527 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $761,527 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $761,527 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $839,075 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $839,075 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $839,075 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $761,527 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $152,447 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $91,052 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $243,499 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $839,075 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $761,527 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $77,548 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $321,047 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $321,047 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $152,447 | ExcessFromYear2Amt |
| Excess From Year1 | $91,052 | ExcessFromYear1Amt |
| Excess From Current Year | $77,548 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SALLY POSEY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ANDY RODDICK FOUNDATION | ||||||||
| 8509 FM 969 BLDG 509 | AUSTIN | TX | 78724 | NONE | PC | FAMILY EMERGENCY FUND GRANT | $10,000 | |
| DALLAS SYMPHONY ORCHESTRA | ||||||||
| 2301 FLORA STREET | DALLAS | TX | 75201 | NONE | PC | YOUNG STRINGS AND YOUNG MUSICIANS PROGRAMS | $60,000 | |
| DESIGN CONNECT CREATE | ||||||||
| 8150 N CENTRAL EXPRESSWAY SUITE | DALLAS | TX | 75206 | NONE | PC | 2020 SUMMER PHYSICS CAMP | $75,000 | 1200 |
| GENERATION SERVE | ||||||||
| 8711 BURNET RD B-11 | AUSTIN | TX | 78757 | NONE | PC | SERVICE LEARNING AND TEEN LEADERSHIP PROGRAMS 2020 | $95,000 | |
| GIRL SCOUTS OF NORTHEAST TEXAS | ||||||||
| 6001 SUMMERSIDE DRIVE | DALLAS | TX | 75252 | NONE | PC | COVID-19 GRANT | $25,000 | |
| IT'S GOING TO BE OK | ||||||||
| 4232 S WESTMORELAND RD | DALLAS | TX | 75233 | NONE | PC | GENERAL FUND | $87,000 | |
| JEREMIAH PROGRAM | ||||||||
| 1200 PAUL TERESA SALDANA ST | AUSTIN | TX | 78702 | NONE | PC | SUPPORT FOR HOUSING AND PROGRAM EXPENSES FOR FAMILIES OF JEREMIAH PROGRAM AUSTIN | $180,000 | |
| NORTH TEXAS FOOD BANK | ||||||||
| 4500 S COCKRELL HILL ROAD | DALLAS | TX | 75236 | NONE | PC | GENERAL FUND | $100,000 | |
| PRESTON HOLLOW PRESBYTERIAN CHURCH | ||||||||
| 9800 PRESTON RD | DALLAS | TX | 75230 | NONE | PC | GENERAL FUND | $25,000 | |
| TRINITY EPISCOPAL SCHOOL | ||||||||
| 3901 BEE CAVE RD | AUSTIN | TX | 78746 | NONE | PC | HORIZONS AUSTIN TRINITY PROGRAM SUMMER 2020 | $75,000 | |
| YOUNG WOMEN'S PREPARATORY NETWORK | ||||||||
| 1722 ROUTH STREET SUITE 720 | DALLAS | TX | 75201 | NONE | PC | COLLEGE SCHOLARSHIP FOR QUALIFYING GRADUATES OF YWPN NETWORK SCHOOLS AND GENERAL FUND | $105,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $837,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $358,726 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $980,721 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,339,447 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,339,447 | 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 | $4,150 | Amt |
| Net Investment Income | $2,075 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,075 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | WESTWOOD TRUST INVESTMENTS | BondNm |
| EOY Book Value | $2,984,435 | EOYBookValueAmt |
| EOYFMV | $2,984,435 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | WESTWOOD TRUST INVESTMENTS | StockNm |
| EOY Book Value | $14,366,923 | EOYBookValueAmt |
| EOYFMV | $14,366,923 | EOYFMVAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $225,086 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $51,948 | Amt |
| Net Investment Income | $51,948 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $4,761 | $4,761 | $0 |
| EXCISE TAX | $8,000 | $0 | $0 |