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RB&R ADAMS FAMILY FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
RB&R ADAMS FAMILY FOUNDATION (EIN 37-1846575)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-08-05
IRS object ID
202102179349100820
Schema version
2020v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-08-05T13:48:06-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN760411322PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HILLIARD & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line114100 SOUTHWEST FWY STE 430AddressLine1Txt
CitySUGAR LANDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP774783548ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN371846575EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1R B & R ADAMS FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRB&RBusinessNameControlTxt
Phone7135622778PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12801 BISSONNETAddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRUSSELL ADAMSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7135622778PhoneNum
Signature2021-05-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRUSSELLPersonFirstNm
Person LastADAMSPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJ M HILLIARD CPAPreparerPersonNm
PTINP00052376PTIN
Phone2812422997PhoneNum
Preparation2021-05-22PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$5,902,720FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$6,132InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$6,132InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$105,482DividendsRevAndExpnssAmt
Dividends Net Invst Incm$105,482DividendsNetInvstIncmAmt
Other Income Rev And Expnss$50OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$111,664TotalRevAndExpnssAmt
Total Net Invst Incm$111,614TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$240LegalFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$180OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$180OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$3,047TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,467TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$180TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$3,467TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$180TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$108,197ExcessRevenueOverExpensesAmt
Net Investment Income$111,434NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,156,892CashBOYAmt
Cash EOY$2,595,127CashEOYAmt
Cash EOYFMV$2,595,127CashEOYFMVAmt
Sav And Temp Cash Invst BOY$3,952,001SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$3,217,050SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$3,257,241SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$55,485CorporateStockBOYAmt
Corporate Stock EOY$55,485CorporateStockEOYAmt
Corporate Stock EOYFMV$50,352CorporateStockEOYFMVAmt
Total Assets BOY$6,164,378TotalAssetsBOYAmt
Total Assets EOY$5,867,662TotalAssetsEOYAmt
Total Assets EOYFMV$5,902,720TotalAssetsEOYFMVAmt
Grants Payable BOY$6,000,000GrantsPayableBOYAmt
Grants Payable EOY$5,595,087GrantsPayableEOYAmt
Total Liabilities BOY$6,000,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,595,087TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$164,378NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$272,575NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$164,378TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$272,575TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,164,378TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,867,662TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$164,378TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$108,197ExcessRevenueOverExpensesAmt
Subtotal$272,575SubtotalAmt
Tot Net Ast Or Fund Balances EOY$272,575TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPUBLICLY TRADED SECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$1,973,000GrossSalesPriceAmt
Cost Or Other Basis$1,973,000CostOrOtherBasisAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,549InvestmentIncomeExciseTaxAmt
Subtotal$1,549SubtotalAmt
Tax Based On Investment Income$1,549TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$36EsPenaltyAmt
Tax Due$1,585TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksRUSSELL ADAMSIndividualWithBooksNm
Phone7135622778PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12801 BISSONNETAddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77005ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
RUSSELL ADAMS
2801 BISSONNETHOUSTONTX770054014PRESIDENT000.00$0$0$0
JAMIE LYN HENDRIXSON
4923 FEAGAN STHOUSTONTX77007SECRETARY000.00$0$0$0
MICHAEL HILLIARD
14100 SOUTHWEST FREEWAY SUITE 430SUGAR LANDTX77478DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$4,367,954AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,874,122AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,242,076TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$6,242,076AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$93,631CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,148,445NetVlNoncharitableAssetsAmt
Minimum Investment Return$307,422MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$307,422MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,549TaxBasedOnInvestmentIncomeAmt
Total Tax$1,549TotalTaxAmt
Distributable Before Adj$305,873DistributableBeforeAdjAmt
Distributable Before Ded$305,873DistributableBeforeDedAmt
Distributable As Adjusted$305,873DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$305,873DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$5,701,974ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$5,701,974TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus$305,873ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$305,873ExcessDistributionCyovAppCYAmt
Total Corpus$5,396,101TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$5,396,101ExcessDistriCyovToNextYrAmt
Excess From Year2$5,396,101ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonRUSSELL B ADAMSRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12801 BISSONNETAddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77005ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7135622778RecipientPhoneNum
Recipient Email AddressRADAMS@GEOROAMER.COMRecipientEmailAddressTxt
Form And Info And MaterialsNO FORMAT REQUIREDFormAndInfoAndMaterialsTxt
Submission DeadlinesNOT ESTABLISHEDSubmissionDeadlinesTxt
Restrictions On AwardsNONE ESTABLISHEDRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1TX CHILDREN'S HOSPITALBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11102 BATES ST FC-630AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77030ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGLOBAL HOPE PROJECT - AFRICAGrantOrContributionPurposeTxt
Amt$404,913Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$404,913TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$6,132RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$105,482RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescTEXAS FRANCHISE TAX REFUNDDesc
Related Or Exempt Function Incm$50RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$111,664RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$111,664TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
Stock400 SH IBMStockNm
EOY Book Value$55,485EOYBookValueAmt
EOYFMV$50,352EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$240LegalFeesAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescTEXAS FRANCHISE TAX REFUNDDesc
Revenue And Expenses Per Books$50RevenueAndExpensesPerBooksAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT ADVISORY FEESCategoryTxt
Amt$180Amt
Net Investment Income$180NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFORM 990PF TAXCategoryTxt
Amt$3,047Amt

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