KERSHAW FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- KERSHAW FOUNDATION (EIN 46-3322246)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-07-23
- IRS object ID
- 202122049349100807
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-07-23T10:47:56-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN B ESCH | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 306 W SEVENTH STREET SUITE 642 | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | 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 | 463322246 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KERSHAW FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KERS | BusinessNameControlTxt |
| Phone | 2145078844 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5949 SHERRY LANE | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75225 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JIM MELSON | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 2145078844 | PhoneNum |
| Signature | 2021-07-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JIM | PersonFirstNm |
| Person Last | MELSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN B ESCH | PreparerPersonNm |
| PTIN | P01327096 | PTIN |
| Phone | 8178829325 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
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 | $32,353,320 | 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 | $4,332,906 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $4,825 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,825 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $502,126 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $502,126 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $360,792 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,889,778 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $360,792 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $5,200,649 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $867,743 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $99,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $79,200 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $19,800 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $39,833 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $2,333 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $37,500 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $13,248 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $6,567 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $6,681 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $163 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $163 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,860 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,895 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,965 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $43,801 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $10,502 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $3,778 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $12,919 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $10,335 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $2,584 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $436 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $218 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $218 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $152,279 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $146,199 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $6,080 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $369,539 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $261,249 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $78,769 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,242,650 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,242,650 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,612,189 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $261,249 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,321,419 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,588,460 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $606,494 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $448,725 | CashBOYAmt |
| Cash EOY | $63,898 | CashEOYAmt |
| Cash EOYFMV | $63,898 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $643,004 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $313,729 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $313,729 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $27,500 | AcctRcvblAmt |
| Acct Rcvbl EOY | $27,500 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $27,500 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $18,628,448 | CorporateStockBOYAmt |
| Corporate Stock EOY | $23,919,616 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $23,919,616 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $7,326,823 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $7,205,020 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $7,205,020 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $803,584 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $823,557 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $823,557 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $27,850,584 | TotalAssetsBOYAmt |
| Total Assets EOY | $32,353,320 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $32,353,320 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $15,150 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $27,500 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $42,650 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $27,850,584 | CapitalStockBOYAmt |
| Capital Stock EOY | $28,722,210 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,588,460 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $27,850,584 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $32,310,670 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $27,850,584 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $32,353,320 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $27,850,584 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,588,460 | ExcessRevenueOverExpensesAmt |
| Other Increases | $996,626 | OtherIncreasesAmt |
| Subtotal | $32,435,670 | SubtotalAmt |
| Other Decreases | $125,000 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $32,310,670 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| GOLDMAN SACHS | $5,860,718 | $5,528,986 | $331,732 | $331,732 | |
| Capital Gains Dividends | $29,060 | $29,060 | $29,060 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $360,792 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,430 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,430 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,430 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,000 | 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 | $20,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $11,570 | OverpaymentAmt |
| Applied To ES Tax | $11,570 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| 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 | JIM MELSON | IndividualWithBooksNm |
| Phone | 2145078844 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5949 SHERRY LANE SUITE 1110 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75225 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| ELLEN KERSHAW | ||||||||
| 5949 SHERRY LN | DALLAS | TX | 75225 | PRESIDENT | 4.00 | $0 | $0 | $0 |
| CLAYTON KERSHAW | ||||||||
| 5949 SHERRY LN | DALLAS | TX | 75225 | VICE-PRESIDENT | 2.00 | $0 | $0 | $0 |
| ANN HIGGINBOTTOM | ||||||||
| 5949 SHERRY LN | DALLAS | TX | 75225 | SECRETARY - TREASURER | 12.00 | $0 | $0 | $0 |
| JIM MELSON | ||||||||
| 5949 SHERRY LN | DALLAS | TX | 75225 | DIRECTOR - CFO | 12.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JIM MELSON | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5949 SHERRY LANE | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75225 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | CFO | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 12.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $99,000 | CompensationAmt |
| Employee Benefits | $620 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $25,639,326 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,035,355 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $26,674,681 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $26,674,681 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $400,120 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $26,274,561 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,313,728 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,313,728 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,430 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,430 | TotalTaxAmt |
| Distributable Before Adj | $1,305,298 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,305,298 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,305,298 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,321,419 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,321,419 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,321,419 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,305,298 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $70,923 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $63,343 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $134,266 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,321,419 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,305,298 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $16,121 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $150,387 | 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 | $150,387 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $70,923 | ExcessFromYear2Amt |
| Excess From Year1 | $63,343 | ExcessFromYear1Amt |
| Excess From Current Year | $16,121 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ELLEN KERSHAW | ContributingManagerNm |
| Contributing Manager | CLAYTON KERSHAW | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (38 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ADVOCATES FOR COMMUNITY TRANSFORMATION | ||||||
| PO BOX 225225 | DALLAS | TX | 75222 | PC | GENERAL OPERATING FUND | $10,000 |
| ARISE AFRICA | ||||||
| 1628 FAIRMOUNT AVE | FORT WORTH | TX | 76104 | PC | GENERAL OPERATING EXPENSES | $87,150 |
| ARMOUR UP | ||||||
| 3912 COLGATE | DALLAS | TX | 75225 | PC | GENERAL OPERATING FUND | $5,000 |
| BASEBALL CHAPEL | ||||||
| PO BOX 10102 | LARGO | FL | 33773 | PC | GENERAL OPERATING EXPENSES | $10,000 |
| BIG LEAGUE IMPACT | ||||||
| PO BOX 1620 | TEMPE | AZ | 85280 | PC | GENERAL OPERATING FUND | $10,000 |
| BIRTHDAY PARTY PROJECT | ||||||
| 2143 FARRINGTON | DALLAS | TX | 75207 | PC | GENERAL OPERATING FUND | $5,000 |
| BONTON FARMS | ||||||
| 6915 BEXAR ST | DALLAS | TX | 75215 | PC | GENERAL OPERATING FUND | $10,000 |
| CARE | ||||||
| 151 ELLIS STREET NE | ATLANTA | GA | 30303 | PC | GENERAL OPERATING FUND | $10,000 |
| CHILDREN'S MEDICAL CENTER FOUNDATION | ||||||
| 2777 STEMMONS FREEWAY | DALLAS | TX | 75207 | PC | GENERAL OPERATING EXPENSES | $75,000 |
| COLLEGE FOR CANCER | ||||||
| 28465 OLD TOWN FRNT ST STE 315 | TEMECULA | CA | 92950 | PC | GENERAL OPERATING FUND | $5,000 |
| CONNECTING POINT | ||||||
| 4711 WESTSIDE DR | DALLAS | TX | 75209 | PC | GENERAL OPERATING FUND | $7,500 |
| DALLAS BAPTIST UNIVERSITY | ||||||
| 3000 MOUNTAIN CREEK PKWY | DALLAS | TX | 75211 | PC | GENERAL OPERATING FUND | $5,000 |
| FOR THE NATIONS | ||||||
| PO BOX 850064 | RICHARDSON | TX | 75085 | PC | GENERAL OPERATING FUND | $30,000 |
| FORERUNNER MENTORING | ||||||
| BOX 24 | DALLAS | TX | 75238 | PC | GENERAL OPERATING FUND | $10,000 |
| HIGHLAND PARK PRESBYTERIAN CHURCH | ||||||
| 3300 MOCKINGBIRD LN | DALLAS | TX | 75205 | PC | GENERAL OPERATING EXPENSES | $25,000 |
| HIGHLAND PARK UNITED METHODIST CHURCH | ||||||
| 3821 UNIVERSITY BLVD | DALLAS | TX | 75205 | PC | GENERAL OPERATING EXPENSES | $25,000 |
| IJM | ||||||
| PO BOX 96961 | WASHINGTON | DC | 200906961 | PC | GENERAL OPERATING FUND | $100,000 |
| INTERFAITH FAMILY SERVICES | ||||||
| 1651 MATILDA ST | DALLAS | TX | 75206 | PC | GENERAL OPERATING FUND | $25,000 |
| JORDAN SPEITH FAMILY FDN | ||||||
| 5950 SHERRY LANE STE 600 | DALLAS | TX | 75225 | PC | GENERAL OPERATING FUND | $5,000 |
| JUST KEEP LIVIN | ||||||
| 15821 VENTURA BLV SE 370 | ENCINO | CA | 91436 | PC | GENERAL OPERATING FUND | $30,000 |
| JUSTIN TURNER FOUNDATION | ||||||
| 13272FIJI WAY SET 101 | MARINA DEL REY | CA | 90292 | PC | GENERAL OPERATING FUND | $7,500 |
| KERSHAW'S CHALLENGE | ||||||
| 5949 SHERRY LANE STE 1110 | DALLAS | TX | 75225 | PC | GENRAL OPERATING FUND | $300,000 |
| LA FOOD BANK | ||||||
| 1734 E 41ST ST | LOS ANGELES | CA | 90058 | PC | GENERAL OPERATING FUND | $10,000 |
| LEBRON JAMES FAMILY FOUNDATION | ||||||
| 3800 EMBASSY PWY STE 360 | AKRON | OH | 44333 | PC | GENERAL OPERATING FUND | $5,000 |
| MD ANDERSON FOUNDATION | ||||||
| 1515 HOLCOMBE BLVD | HOUSTON | TX | 77030 | PC | GENERAL OPERATING EXPENSES | $50,000 |
| MEN OF NEHEMIAH | ||||||
| 2010 AL LIPSCOMB WAY | DALLAS | TX | 75215 | PC | GENERAL OPERATNG FUND | $25,000 |
| MERCY STREET | ||||||
| 3801 HOLYSTONE ST | DALLAS | TX | 75212 | PC | GENERAL OPERATING FUND | $50,000 |
| MOUNT VERNON CARES | ||||||
| PO BOX 238 | MT VERNON | TX | 75457 | PC | GENERAL OPERATING EXPENSES | $5,000 |
| NEW FRIEND NEW LIFE | ||||||
| PO BOX 192378 | DALLAS | TX | 75219 | PC | GENERAL OPERATING FUND | $10,000 |
| NORTH TEXAS FOOD BANK | ||||||
| 3677 MAPLESHADE LN | PLANO | TX | 75075 | PC | GENERAL OPERATING FUND | $10,000 |
| OCEANSIDE CHRISTIAN FELLOWSHIP CHURCH | ||||||
| 232 CORAL CIRCEL | EL SEGUNDO | CA | 90245 | PC | GENERAL OPEARTING EXPENSES | $10,000 |
| PUJOLS FAMILY FOUNDATION | ||||||
| 3268 GOVERNOR DR STE 408 | SAN DIEGO | CA | 92122 | PC | GENERAL OPERATING FUND | $5,000 |
| THE DREAM CENTER | ||||||
| 2301 BELLEVUE AVE | LOS ANGELES | CA | 90038 | PC | GENERAL OPERATING FUND | $15,000 |
| THE LOS ANGELES DODGERS FOUNDATION | ||||||
| 1000 ELYSIAN PARK AVE | LOS ANGELES | CA | 90012 | PC | GENERAL OPERATING FUND | $150,000 |
| THE STORE | ||||||
| PO BOX 128287 | NASHVILLE | TN | 37212 | PC | GENERAL OPERATING FUND | $30,000 |
| THORN | ||||||
| 200 PARK AVE S 8TH FL | NEW YORK | NY | 10003 | PC | GENERAL OPERATING FUND | $5,000 |
| UCLA MEDICAL FOUNDATION | ||||||
| 21840 NORMANDIE AVE 100 | TORRANCE | CA | 90502 | PC | GENERAL OPERATING FUND | $50,000 |
| WEST DALLAS COMMUNITY SCHOOL | ||||||
| 2300 CANADA DR | DALLAS | TX | 75212 | PC | GENERAL OPERATING FUND | $15,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,242,650 | 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 | $4,825 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $502,126 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $360,792 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $867,743 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $867,743 | 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 (8 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| CLAYTON KERSHAW | |||||||
| 1 | 5949 SHERRY LANE SUITE 1110 | DALLAS | TX | 75225 | $95,402 | Yes (X) | |
| ELLEN KERSHAW | |||||||
| 2 | 5949 SHERRY LANE SUITE 1110 | DALLAS | TX | 75225 | $95,402 | Yes (X) | |
| CLAYTON KERSHAW | |||||||
| 3 | 5949 SHERRY LANE SUITE 1110 | DALLAS | TX | 75225 | $1,571,051 | Yes (X) | Yes (X) |
| ELLEN KERSHAW | |||||||
| 4 | 5949 SHERRY LANE SUITE 1110 | DALLAS | TX | 75225 | $1,571,051 | Yes (X) | Yes (X) |
| CLAYTON KERSHAW | |||||||
| 5 | 5949 SHERRY LANE SUITE 1110 | DALLAS | TX | 75225 | $250,000 | Yes (X) | |
| ELLEN KERSHAW | |||||||
| 6 | 5949 SHERRY LANE SUITE 1110 | DALLAS | TX | 75225 | $250,000 | Yes (X) | |
| ELLEN KERSHAW | |||||||
| 7 | 5949 SHERRY LANE SUITE 1110 | DALLAS | TX | 75225 | $250,000 | Yes (X) | |
| CLAYTON KERSHAW | |||||||
| 8 | 5949 SHERRY LANE SUITE 1110 | DALLAS | TX | 75225 | $250,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 3 | PUBLICLY TRADED STOCK | $1,571,051 | 2020-12-18 |
| 4 | PUBLICLY TRADED STOCK | $1,571,051 | 2020-12-18 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX CONSULTING & PREPARATION | CategoryTxt |
| Amt | $7,860 | Amt |
| Net Investment Income | $5,895 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,965 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | FIXED INCOME | BondNm |
| EOY Book Value | $7,205,020 | EOYBookValueAmt |
| EOYFMV | $7,205,020 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | PUBLIC EQUITY | StockNm |
| EOY Book Value | $23,919,616 | EOYBookValueAmt |
| EOYFMV | $23,919,616 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ALTERNATIVE INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $823,557 | BookValueAmt |
| EOYFMV | $823,557 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $163 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $163 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 2019 GRANTS CLEARED IN 2020 | Desc |
| Amt | $125,000 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY G/S | $125,809 | $125,809 | $0 |
| DUES | $99 | $99 | $0 |
| INSURANCE | $84 | $42 | $42 |
| INTERNET & PHONE | $1,890 | $945 | $945 |
| CONTRACT LABOR | $4,076 | $2,038 | $2,038 |
| OFFICE EXPENSES & SUPPLIES | $9,312 | $7,450 | $1,862 |
| MEALS | $2,386 | $1,193 | $1,193 |
| PORTFOLIO DEDUCTIONS - U.S. PROPERTY FUND | $8,623 | $8,623 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCREASE IN UNREALIZED GAIN | Desc |
| Amt | $996,626 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AMOUNTS DUE FOR RETURNED CHECKS | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $27,500 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $7,457 | $3,679 | $3,778 |
| EXCISE TAXES PAID | $29,521 | $0 | $0 |
| FOREIGN TAXES | $6,823 | $6,823 | $0 |
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