RAY FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- RAY FOUNDATION INC (EIN 81-0288819)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2021-11-04
- IRS object ID
- 202103089349101120
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-04T11:09:17-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 274541538 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEVEN W YOCUM CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 INVERNESS DRIVE EAST STE 187 | AddressLine1Txt |
| City | CENTENNIAL | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810288819 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RAYF | BusinessNameControlTxt |
| Phone | 2396495733 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 AVIATION DRIVE SOUTH NO 203 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFFERY J TEMPAS | PersonNm |
| Person Title | VP - TREASURER | PersonTitleTxt |
| Phone | 2396495733 | PhoneNum |
| Signature | 2021-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JEFFERY | PersonFirstNm |
| Person Last | TEMPAS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN W YOCUM | PreparerPersonNm |
| PTIN | P01060619 | PTIN |
| Phone | 3037306500 | PhoneNum |
| Preparation | 2021-11-04 | 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 | $230,508,720 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $40,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $217,450 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $217,450 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,723,365 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,723,365 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,272,500 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $18,283,211 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,272,500 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $8,256 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $8,256 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $10,261,571 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $10,221,571 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,010,417 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $204,150 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $806,267 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $5,375 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $806 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $4,569 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,370 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $505 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,865 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $450 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,550 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $124,094 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $25,018 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $33,549 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $232,261 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $59,342 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $8,901 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $50,441 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | -$4,831 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | -$4,831 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $56,223 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,329 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $52,894 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,489,251 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $243,159 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $948,304 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,948,833 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,948,833 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $12,438,084 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $243,159 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $11,897,137 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,176,513 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,978,412 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,818,606 | CashBOYAmt |
| Cash EOY | $65,335 | CashEOYAmt |
| Cash EOYFMV | $65,335 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $26,868,867 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,333,753 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,333,753 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $12,000 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $12,000 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $40,363,072 | CorporateStockBOYAmt |
| Corporate Stock EOY | $44,943,079 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $201,191,843 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $17,698,850 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $17,541,160 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $7,976,147 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,447,587 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,912,229 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,026,883 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $644,483 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,614,661 | LandBOYAmt |
| Land EOY | $1,382,400 | LandEOYAmt |
| Land EOYFMV | $1,382,400 | LandEOYFMVAmt |
| Other Assets BOY | $560,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $70,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $70,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $79,201,353 | TotalAssetsBOYAmt |
| Total Assets EOY | $75,953,004 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $230,508,720 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $79,201,353 | CapitalStockBOYAmt |
| Capital Stock EOY | $75,953,004 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $79,201,353 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $75,953,004 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $79,201,353 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $75,953,004 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $79,201,353 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,176,513 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $77,024,840 | SubtotalAmt |
| Other Decreases | $1,071,836 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $75,953,004 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 2500 BSV | P | 2020-05-14 | 2020-12-23 | $207,045 | $206,825 | $220 | $220 |
| 26070 TMUSR | P | 2020-06-24 | 2020-07-21 | $3,522 | $6,778 | -$3,256 | -$3,256 |
| 7000 AAPL | D | 2008-03-03 | 2020-08-05 | $3,069,501 | $134,999 | $2,934,502 | $2,934,502 |
| .2388 VTRS | D | 2000-07-01 | 2020-11-20 | $4 | $1 | $3 | $3 |
| 10 XOM 201016 C40 | P | 2020-09-08 | 2020-10-16 | $12,633 | $12,633 | $12,633 | |
| 2400 XOM | D | 1963-03-04 | 2020-11-20 | $85,854 | $23,532 | $62,322 | $62,322 |
| 7600 XOM | D | 1963-03-04 | 2020-11-09 | $271,870 | $74,517 | $197,353 | $197,353 |
| 2546 BP | D | 2011-08-08 | 2021-01-20 | $63,267 | $99,302 | -$36,035 | -$36,035 |
| 1143 PSX | D | 2012-05-04 | 2021-01-20 | $85,860 | $3,973 | $81,887 | $81,887 |
| 2000 VNT | D | 2007-09-05 | 2021-01-20 | $68,358 | $13,535 | $54,823 | $54,823 |
| 4295 VTRS | D | 2020-07-01 | 2021-01-20 | $75,781 | $42,244 | $33,537 | $33,537 |
| 50000 HRL | D | 1988-03-01 | 2020-08-05 | $2,563,683 | $78,906 | $2,484,777 | $2,484,777 |
| 1996543.2 SVUXX | P | 2018-05-31 | 2020-08-05 | $1,997,542 | $1,997,142 | $400 | $400 |
| 5000000 SVUXX | P | 2018-05-31 | 2020-11-05 | $5,002,000 | $5,001,500 | $500 | $500 |
| 88886.41 SVUXX | P | 2020-04-30 | 2020-11-09 | $88,922 | $88,925 | -$3 | -$3 |
| 3312050.151 SVUXX | P | 2018-05-31 | 2020-11-09 | $3,313,375 | $3,313,045 | $330 | $330 |
| 19150 WRK | D | 1988-03-01 | 2021-05-06 | $1,148,994 | $400,941 | $748,053 | $748,053 |
| MARINA SLIP A-10 | D | 2017-03-31 | 2021-06-16 | $225,000 | $524,546 | -$299,546 | -$299,546 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,272,500 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $138,700 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $138,700 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $138,700 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $120,000 | 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 | $120,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $18,700 | 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 | CO | OrgReportOrRegisterStateCd |
| Org Report Or Register State | FL | 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 | HTTPS://RAYFOUNDATION.US | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2396495733 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 AVIATION DRIVE SOUTH NO 203 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34104 | 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| CHARLES J AHEARN | ||||||||
| 100 AVIATION DRIVE SOUTH 203 | NAPLES | FL | 34104 | PRESIDENT/DIRECTOR | 40.00 | $500,000 | $0 | $0 |
| JEFFERY J TEMPAS | ||||||||
| 100 AVIATION DRIVE SOUTH 203 | NAPLES | FL | 34104 | TREASURER/DIRECTOR | 24.00 | $250,000 | $0 | $0 |
| THEODORE H BROUSSEAU | ||||||||
| 100 AVIATION DRIVE SOUTH 203 | NAPLES | FL | 34104 | DIRECTOR EMERITUS | 20.00 | $250,000 | $0 | $0 |
| PATRICIA J ARTHUR | ||||||||
| 100 AVIATION DRIVE SOUTH 203 | NAPLES | FL | 34104 | SECRETARY/DIRECTOR | 20.00 | $10,417 | $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 | $189,606,342 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $10,258,805 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $199,865,147 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $199,865,147 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,997,977 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $196,867,170 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,843,359 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $9,843,359 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $138,700 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $138,700 | TotalTaxAmt |
| Distributable Before Adj | $9,704,659 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $9,704,659 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $9,704,659 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $11,897,137 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $11,897,137 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $11,897,137 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $9,704,659 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $2,310,435 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,174,453 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,484,888 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $11,897,137 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $9,704,659 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,192,478 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $7,677,366 | 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 | $7,677,366 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $2,310,435 | ExcessFromYear2Amt |
| Excess From Year1 | $3,174,453 | ExcessFromYear1Amt |
| Excess From Current Year | $2,192,478 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CHARLES J AHEARN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 AVIATION DRIVE SOUTH SUITE 203 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2396495733 | RecipientPhoneNum |
| Form And Info And Materials | SEE ATTACHED STATEMENT 12 | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE ATTACHED STATEMENT 12 | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE ATTACHED STATEMENT 12 | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (33 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AEROSPACE CENTER FOR EXCELLENCE | |||||||
| 4175 MEDULLA ROAD | LAKELAND | FL | 33811 | NONE | PUBLIC CHARITY | NEW MUSEUM CONSTRUCTION AND OPERATING SUPPORT | $944,033 |
| ALZHEIMER'S SUPPORT NETWORK | |||||||
| 660 TAMIAMI TRAIL N | NAPLES | FL | 34102 | NONE | PUBLIC CHARITY | OPERATING BUDGET SUPPORT | $50,000 |
| AOPA AIR SAFETY FOUNDATION | |||||||
| 421 AVIATION WAY | FREDERICK | MD | 21701 | NONE | PUBLIC CHARITY | SUPPORT FOR 'YOU CAN FLY' PROGRAM | $2,500,000 |
| AOPA AIR SAFETY FOUNDATION | |||||||
| 421 AVIATION WAY | FREDERICK | MD | 21701 | NONE | PUBLIC CHARITY | FLIGHT SCHOLARSHIPS | $1,150,000 |
| COMMERATIVE AIR FORCE | |||||||
| PO BOX 764769 | DALLAS | TX | 75376 | NONE | PUBLIC CHARITY | EDUCATION CENTER CONSTRUCTION | $150,000 |
| CIVIL AIR PATROL FOUNDATION | |||||||
| 105 S HANSELL STREET | MAXWELL AFB | AL | 36112 | NONE | PUBLIC CHARITY | JAMES C RAY SCHOLARSHIP FUNDING | $330,000 |
| COLLIER COUNTY PUBLIC SCHOOLS | |||||||
| 5775 OSCEOLA TRAIL | NAPLES | FL | 34109 | NONE | PUBLIC CHARITY | IMMOKALEE AVIATION ACADEMY SUPPORT | $7,500 |
| COMMUNITY FOUNDATION OF COLLIER COUNTY | |||||||
| 1110 PINE RIDGE ROAD STE 200 | NAPLES | FL | 34108 | NONE | PUBLIC CHARITY | JAMES C RAY SCHOLARSHIP FUNDING | $150,000 |
| EAA CHAPTER 1240 | |||||||
| 1 LOCKWOOD LANE | SEBRING | FL | 33870 | NONE | PUBLIC CHARITY | EDUCATION PROGRAM OPERATING SUPPORT | $90,300 |
| EAGLE SPORT AVIATION | |||||||
| 905 BISCAYNE BAY HANGAR 11 | DELAND | FL | 32124 | NONE | PUBLIC CHARITY | OPERATING SUPPORT | $18,000 |
| EXPERIMENTAL AIRCRAFT ASSOCIATION | |||||||
| 3000 POBEREZNY ROAD | OSHKOSH | WI | 54902 | NONE | PUBLIC CHARITY | RAY AVIATION SCHOLARSHIP FUNDING | $1,200,000 |
| EXPERIMENTAL AIRCRAFT ASSOCIATION | |||||||
| 3000 POBEREZNY ROAD | OSHKOSH | WI | 54902 | NONE | PUBLIC CHARITY | OPERATING SUPPORT | $1,010,000 |
| JANET'S PLANET | |||||||
| 110 GLANCY STREET STE 102 | GOODLETTSVILLE | TN | 37072 | NONE | PUBLIC CHARITY | PROGRAMMING SUPPORT | $25,000 |
| FLIGHT FOUNDATION | |||||||
| 1 THREE SPRINGS LANE | UNICOI | TN | 37692 | NONE | PUBLIC CHARITY | FLIGHT SCHOLARSHIP FUNDING | $65,000 |
| CIVIL AIR PATROL MN 122 | |||||||
| 3435 GLENN OAKS AVE | WHITE BEAR LAKE | MN | 55110 | NONE | PUBLIC CHARITY | FLIGHT SCHOLARSHIP FUNDING SUPPORT | $25,000 |
| WEST MICHIGAN AVIATION ACADEMY | |||||||
| 533 44TH STREET | GRAND RAPIDS | MI | 49512 | NONE | PUBLIC CHARITY | RESTRICTED GRANT - FLIGHT CENTER | $250,000 |
| LAKELAND AERO CLUB | |||||||
| 3952 JAMES C RAY DRIVE | LAKELAND | FL | 33811 | NONE | PUBLIC CHARITY | OPERATING BUDGET SUPPORT | $170,000 |
| NEW ENGLAND AIR MUSEUM | |||||||
| 36 PERIMETER ROAD | WINDSOR LOCKS | CT | 06096 | NONE | PUBLIC CHARITY | RESTRICTED GRANT - SIMULATOR PURCHASE | $50,000 |
| HAWK AVIATORS | |||||||
| 1671 11 8/10THS ROAD | LOMA | CO | 81524 | NONE | PUBLIC CHARITY | RESTRICTED GRANT - PURCHASE OF N282TT | $64,000 |
| PEARL HARBOR AVIATION MUSEUM | |||||||
| 319 LEXINGTON BLVD BLDG 37 | HONOLULU | HI | 96818 | NONE | PUBLIC CHARITY | MATCHING GRANT - OPERATING SUPPORT | $500,000 |
| DAVID GRIFFIN AVIATION | |||||||
| 325 CHANCELOT LANE | FORT MILL | SC | 29708 | NONE | PUBLIC CHARITY | RESTRICTED GRANT - SCHOLARSHIP SUPPORT | $10,000 |
| NAPLES YOUTH AVIATION | |||||||
| 160 AVIATION DRIVE NORTH | NAPLES | FL | 34104 | NONE | PUBLIC CHARITY | AIRCRAFT BUILD PROJECT SUPPORT | $10,000 |
| TEENS IN FLIGHT | |||||||
| 13 CHADWICK CT | PALM COAST | FL | 32137 | NONE | PUBLIC CHARITY | OPERATING GRANT AND AIRCRAFT PURCHASE SUPPORT | $120,000 |
| THE HERITAGE FOUNDATION | |||||||
| 214 MASSACHUAETTS AVE NE | WASHINGTON | DC | 20002 | NONE | PUBLIC CHARITY | INTERNSHIPS | $30,000 |
| THE IMMOKALEE FOUNDATION | |||||||
| 2375 TAMIAMI TRAIL N | NAPLES | FL | 34103 | NONE | PUBLIC CHARITY | CONSTRUCTION MANAGEMENT AND H.E.S.T.PROGRAM SUPPORT | $300,000 |
| THE LEROY HOMER FOUNDATION | |||||||
| PO BOX 268 | MARLTON | NJ | 08053 | NONE | PUBLIC CHARITY | FLIGHT SCHOLARSHIP FUNDING | $25,000 |
| WILLIAMSBURG AVIATION | |||||||
| 102 MARCLAY ROAD | MILLIAMSBURG | VA | 23185 | NONE | PUBLIC CHARITY | FLIGHT SCHOLARSHIP FUNDING | $50,000 |
| WINGS OVER THE ROCKIES | |||||||
| 13005 WINGS WAY | ENGLEWOOD | CO | 80112 | NONE | PUBLIC CHARITY | PROGRAM BUDGET SUPPORT AND FLIGHT SCHOLARSHIPS | $1,500,000 |
| UNIVERSITY OF COLORADO FOUNDATION | |||||||
| PO BOX 17126 | DENVER | CO | 802179155 | NONE | PUBLIC CHARITY | MITOCHONDRIAL RESEARCH FUND #20-22648 SUPPORT | $100,000 |
| RENO AIR RACING ASSOCIATION | |||||||
| 14501 MT ANDERSON STREET | RENO | NV | 89506 | NONE | PUBLIC CHARITY | STEM DISCOVERY ZONE SUPPORT | $10,000 |
| TIGER FLIGHT FOUNDATION | |||||||
| 304 RUSSELL FIELD ROAD | ROME | GA | 30165 | NONE | PUBLIC CHARITY | RESTRICTED MATCHING GRANT - PPLO PROGRAM | $10,000 |
| JASPER COUNTY (IN) AIRPORT | |||||||
| 2326 WEST CLARK STREET | RENSSELAER | IN | 47978 | NONE | PUBLIC CHARITY | RESTRICTED GRANT - SIMULATOR PURCHASES | $30,000 |
| AVIATION STEM DAY | |||||||
| 2702 RAHN BLVD | BELLEVUE | NE | 68123 | NONE | PUBLIC CHARITY | STEM DAY SUPPORT 2021 | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,948,833 | 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 | $217,450 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,723,365 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,256 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,272,500 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $10,221,571 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,221,571 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ESTATE OF JAMES C RAY | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 AVIATION DRIVE SOUTH STE 203 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $40,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX RETURN PREPARATION | CategoryTxt |
| Amt | $3,000 | Amt |
| Net Investment Income | $450 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,550 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| COMPUTER AND PERIFERALS | 2004-09-20 | $10,814 | $10,814 | SL | 5.000000000000 | $0 | $0 |
| CARPET | 2004-10-25 | $4,600 | $4,600 | SL | 5.000000000000 | $0 | $0 |
| HANGAR | 2018-06-18 | $470,000 | $24,102 | SL | 39.000000000000 | $12,051 | $0 |
| CARAVAN N239JR | 2018-10-01 | $1,475,000 | $368,750 | SL | 7.000000000000 | $210,714 | $0 |
| CARAVAN GARMAN AUTO PILOT UPGRADE | 2020-01-28 | $66,469 | $3,956 | SL | 7.000000000000 | $9,496 | $0 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | 177500 BSV | BondNm |
| EOY Book Value | $17,698,850 | EOYBookValueAmt |
| EOYFMV | $17,541,160 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (84 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 9152 A | $48,427 | $1,352,757 |
| 8055 AKAM | $4,014 | $939,213 |
| 2352 ALVR | $29,625 | $24 |
| 12000 AXP | $848,195 | $1,982,760 |
| 20244 APA | $156,900 | $437,878 |
| 57000 AAPL | $1,164,829 | $27,392,000 |
| 311000 T | $3,272,578 | $8,950,580 |
| 2989 AZO | $32,764 | $4,460,246 |
| 35716 BAC | $841,735 | $1,472,571 |
| 3000 BDX | $665,222 | $729,570 |
| 5000 BA | $208,254 | $1,197,800 |
| 40000 BP | $559,977 | $989,535 |
| 14000 BMY | $658,484 | $935,480 |
| 7000 CAT | $262,851 | $1,523,410 |
| 36012 CHV | $615,760 | $3,771,897 |
| 15714 CIEN | $52,545 | $893,969 |
| 26512 CSCO | $127,056 | $1,405,136 |
| 6000 C | $482,992 | $424,500 |
| 9980 KO | $250,378 | $540,018 |
| 174214 CMCSA | $1,474,341 | $9,933,682 |
| 42286 COP | $233,079 | $2,575,217 |
| 10000 DHR | $294,686 | $2,683,600 |
| 9060 DELL | $11,797 | $903,010 |
| 132054 XOM | $1,144,609 | $7,699,166 |
| 60000 F | $716,395 | $891,600 |
| 5000 FTV | $78,148 | $348,700 |
| 23000 GRMN | $905,491 | $3,326,720 |
| 10000 GSK | $77,163 | $398,200 |
| 2500 GS | $557,384 | $948,825 |
| 1504 GOOG | $386,360 | $3,769,505 |
| 1500 GOOGL | $387,631 | $3,662,685 |
| 13260 PEAK | $158,887 | $441,425 |
| 52000 HPE | $75,405 | $758,160 |
| 52000 HPQ | $154,568 | $1,569,880 |
| 37920 HON | $616,974 | $8,317,752 |
| 250000 HRL | $315,625 | $9,550,000 |
| 3191 NGVT | $43,465 | $259,620 |
| 20800 JPM | $532,877 | $3,235,232 |
| 24000 JBL | $607,975 | $1,394,880 |
| 10000 JNJ | $616,868 | $1,647,400 |
| 4576 KEYS | $18,470 | $706,580 |
| 12000 KHC | $654,143 | $489,360 |
| 4166 LLY | $249,132 | $956,180 |
| 17000 LOW | $519,379 | $3,297,490 |
| 13699 MDT | $599,959 | $1,700,457 |
| 27460 MRK | $701,735 | $2,135,564 |
| 8000 MDLZ | $184,093 | $499,520 |
| 4300 MSI | $258,401 | $932,455 |
| 15000 NSRGY | $77,163 | $1,871,100 |
| 15000 NWN | $255,438 | $787,800 |
| 9000 NVS | $215,037 | $821,160 |
| 44081 NUAN | $93,512 | $2,399,770 |
| 21000 ORCL | $275,640 | $1,634,640 |
| 5400 ORLY | $151,869 | $3,057,534 |
| 7000 PAYX | $204,885 | $751,100 |
| 34617 PFE | $769,369 | $1,355,602 |
| 21143 PSX | $69,521 | $1,716,400 |
| 11393 PTC | $42,521 | $1,609,375 |
| 3000 RAYS# | $3,666 | $0 |
| 20000 SLB | $152,417 | $640,200 |
| 27684 SNPS | $61,023 | $7,634,970 |
| 26070 TMUS | $41,456 | $3,775,718 |
| 3870 TEL | $74,299 | $523,263 |
| 5500 TRV | $583,987 | $823,405 |
| 38379 USB | $363,485 | $2,186,452 |
| 80678 VZ | $1,861,141 | $4,520,388 |
| 50000 VSAT | $3,400 | $2,492,000 |
| 29256 VOD | $296,275 | $501,155 |
| 17194 WFC | $298,026 | $778,716 |
| 7500 ZBH | $627,910 | $1,206,150 |
| 4000 IYF | $214,056 | $648,400 |
| 98000 ITOT | $7,732,475 | $12,937,560 |
| 15000 VB | $2,308,650 | $3,379,200 |
| 13000 VO | $2,117,853 | $3,085,550 |
| 2500 MMM | $510,570 | $496,576 |
| 9702 CVS | $715,072 | $809,535 |
| 5000 ABBV | $351,080 | $563,200 |
| 400 AMZN | $760,207 | $1,376,064 |
| 7000 CARR | $51,554 | $340,200 |
| 5510 CRNC | $14,220 | $587,972 |
| 7000 GILD | $528,454 | $482,020 |
| 3500 OTIS | $72,091 | $286,195 |
| 7000 RTX | $152,134 | $597,170 |
| 1546 OGN | $34,997 | $83,094 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BEECHWOOD BARTOW LLC | AT COST | $3,498,192 | $2,818,158 |
| BEECHWOOD LAKELAND | AT COST | $2,523,747 | $1,791,861 |
| BEECHWOOD PLAZA OSHKOSH | AT COST | $425,648 | $302,210 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| COMPUTER AND PERIFERALS | $10,814 | $10,814 | $0 |
| CARPET | $4,600 | $4,600 | $0 |
| HANGAR | $470,000 | $36,153 | $433,847 |
| CARAVAN N239JR | $1,475,000 | $579,464 | $895,536 |
| CARAVAN GARMAN AUTO PILOT UPGRADE | $66,469 | $13,452 | $53,017 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $3,370 | LegalFeesAmt |
| Net Investment Income | $505 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,865 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MARINA SLIPS | Desc |
| BOY Book Value | $560,000 | BOYBookValueAmt |
| EOY Book Value | $70,000 | EOYBookValueAmt |
| EOYFMV | $70,000 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UBTI FROM FORM 990T | $1,071,379 |
| NON DEDUCTIBLE EXPENSES FROM PASS-THROUGH ENTITIES | $457 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| AIRCRAFT EXPENSE | $34,027 | $0 | $34,027 |
| BANK AND FILING FEES | $2,852 | $428 | $2,424 |
| PAYROLL SERVICE FEE | $2,308 | $346 | $1,962 |
| INSURANCE | $17,036 | $2,555 | $14,481 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Revenue And Expenses Per Books | $8,256 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $8,256 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $8,256 | AdjustedNetIncomeAmt |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | INTERESTS IN 4 HOTEL PARTNERSHIPS HAVE BEEN REDUCED BY 29% DUE TO THEIR LACK OF MARKETABILITY. ATTEMPTS TO SELL THESE INTERESTS HAVE MET WITH LITTLE SUCCESS. THE 29% DISCOUNT RATE IS BASED ON THE ACTUAL SALE OF A FIFTH HOTEL INTEREST AT 71% OF ITS BOOK VALUE. BOOK VALUE DERIVED FROM ESTATE VALUE AT THE DATE OF DEATH OF CONTRIBUTOR JAMES C RAY. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX ON INVESTMENT INCOME | $65,527 | $0 | $0 |
| FOREIGN TAX PAID | $16,825 | $16,825 | $0 |
| PAYROLL TAXES | $41,742 | $8,193 | $33,549 |
Comments