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JAMES & MARGARET EARTHMAN FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
JAMES & MARGARET EARTHMAN FOUNDATION INC (EIN 76-0487098)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-08-09
IRS object ID
202122219349101407
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)
Return2021-08-09T16:30:50-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN832933734PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HEAD MAXWELL & MCKENNA LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12200 MARKET ST STE 401AddressLine1Txt
CityGALVESTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77550ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760487098EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JAMES AND MARGARET EARTHMANBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlJAMEBusinessNameControlTxt
Phone4097711321PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16808 DRIFTWOOD LANEAddressLine1Txt
CityGALVESTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77551ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES B EARTHMAN IIIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4097711321PhoneNum
Signature2021-08-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAMESPersonFirstNm
Person LastEARTHMANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHARRY D MAXWELL JRPreparerPersonNm
PTINP00627267PTIN
Phone4097636479PhoneNum
Preparation2021-08-02PreparationDt
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$443,507FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$24InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$24InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$5,176DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,176DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$11,283NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$124,052GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$11,283CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$16,483TotalRevAndExpnssAmt
Total Net Invst Incm$16,483TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$250AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$250AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$1,689TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,189TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$250TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$250TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$19,800ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$19,800ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$21,989TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$250TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$20,050TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$5,506ExcessRevenueOverExpensesAmt
Net Investment Income$16,233NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$111,622SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$122,716SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$122,716SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$162,262CorporateStockBOYAmt
Corporate Stock EOY$145,662CorporateStockEOYAmt
Corporate Stock EOYFMV$320,791CorporateStockEOYFMVAmt
Total Assets BOY$273,884TotalAssetsBOYAmt
Total Assets EOY$268,378TotalAssetsEOYAmt
Total Assets EOYFMV$443,507TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$273,884RetainedEarningBOYAmt
Retained Earning EOY$268,378RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$273,884TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$268,378TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$273,884TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$268,378TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$273,884TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$5,506ExcessRevenueOverExpensesAmt
Subtotal$268,378SubtotalAmt
Tot Net Ast Or Fund Balances EOY$268,378TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
.28 SH OCCIDENTAL PETROLEUM COP2012-07-172020-01-22$12$23-$11-$11
26.38 SH OCCIDENTAL PETROLEUM COP2020-01-22$1,137$2,297-$1,160-$1,160
1600 SH COCA-COLA COP2020-10-02$78,014$59,299$18,715$18,715
452 SH BANK OF AMERICA CORPP1998-10-052020-02-06$15,691$17,425-$1,734-$1,734
749 SH CENTERPOINT ENERGYP1999-02-112020-02-14$20,330$19,092$1,238$1,238
55.55 SH OCCIDENTAL PETROLEUM COP2020-01-22$2,395$4,775-$2,380-$2,380
124 DAIMLER AGP1997-05-092020-01-16$6,473$9,858-$3,385-$3,385
FieldValueIRS element (for citing)
Capital Gain Net Income$11,283CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$226InvestmentIncomeExciseTaxAmt
Subtotal$226SubtotalAmt
Tax Based On Investment Income$226TaxBasedOnInvestmentIncomeAmt
Tax Due$226TaxDueAmt

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 BooksJAMES B EARTHMAN IIIIndividualWithBooksNm
Phone4097711321PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line16808 DRIFTWOOD LANEAddressLine1Txt
CityGALVESTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77551ZIPCd
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 PYYes (true)UndistributedIncomePYInd
Undistributed Income PY12018UndistributedIncomePY1Yr
Undistributed Income PY22017UndistributedIncomePY2Yr
Undistr Incm Sect4942a2 Not AppYes (true)UndistrIncmSect4942a2NotAppInd
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
JAMES B EARTHMAN III
6808 DRIFTWOOD LANEGALVESTONTX77551PRESIDENT1.00$0$0$0
ADDIE EARTHMAN PAPPOUS
22 CEDAR LAWN NORTHGALVESTONTX77551SECRETARY-TR1.00$0$0$0
CYNTHIA WOLMA EARTHMAN
6808 DRIFTWOOD LANEGALVESTONTX77551DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1GAVE FINANCIAL ASSISTANCE TO CHARITABLE, RELIGIOUS, CIVIC OR EDUCATIONAL ORGANIZATIONS AND INSTITUTIONS.Description1Txt
Expenses1$20,050Expenses1Amt

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$278,893AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$113,067AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$391,960TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$391,960AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,879CashDeemedCharitableAmt
Net Vl Noncharitable Assets$386,081NetVlNoncharitableAssetsAmt
Minimum Investment Return$19,304MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$19,304MinimumInvestmentReturnAmt
Tax Based On Investment Income$226TaxBasedOnInvestmentIncomeAmt
Total Tax$226TotalTaxAmt
Distributable Before Adj$19,078DistributableBeforeAdjAmt
Distributable Before Ded$19,078DistributableBeforeDedAmt
Distributable As Adjusted$19,078DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$20,050ExpensesAndContributionsAmt
Qualifying Distributions$20,050QualifyingDistributionsAmt
Adjusted Qualifying Distri$20,050AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$19,078DistributableAsAdjustedAmt
Undistributed Income PY$18,986UndistributedIncomePYAmt
Prior Year12015PriorYear1Yr
Prior Year22014PriorYear2Yr
Total For Prior Years$10,830TotalForPriorYearsAmt
Qualifying Distributions$20,050QualifyingDistributionsAmt
Applied To Year1$18,986AppliedToYear1Amt
Applied To Current Year$1,064AppliedToCurrentYearAmt
Prior Year Undistributed Incm$10,830PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$10,830PriorYearDeficiencyOrTaxAmt
Undistributed Income CY$18,014UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
DIOCESAN SVC FD-CATHOLIC CHARITIES
P O BOX 4681HOUSTONTX772104681NONEPCFOR OPERATIONS$100
FRIENDS OF ROSENBERG LIBRARY
2310 SEALYGALVESTONTX77550NONEPCFOR OPERATIONS$100
HOLY FAMILY PARISH
1010 35TH STREETGALVESTONTX77550NONEPCFOR OPERATIONS$500
HOLY FAMILY PARISH
1010 35TH STREETGALVESTONTX77550NONEPCFOR OPERATIONS$1,000
ORDER OF THE HOLY SEPULCHRE
2001 KIRBY DR 902HOUSTONTX77019NONEPCFOR OPERATIONS$100
ORDER OF THE HOLY SEPULCHRE
2001 KIRBY DR 902HOUSTONTX77019NONEPCFOR OPERATIONS$1,000
ST VINCENT CHURCH
250 MIDLAND AVEBASALTCO81621NONEPCFOR OPERATIONS$100
ST VINCENT CHURCH
250 MIDLAND AVEBASALTCO81621NONEPCFOR OPERATIONS$1,000
ST VINCENT CHURCH
250 MIDLAND AVEBASALTCO81621NONEPCFOR OPERATIONS$1,000
ST VINCENT CHURCH
250 MIDLAND AVEBASALTCO81621NONEPCPARISH HALL$5,000
ST VINCENT CHURCH
250 MIDLAND AVEBASALTCO81621NONEPCFOR OPERATIONS$100
ST VINCENT CHURCH
250 MIDLAND AVEBASALTCO81621NONEPCFOR OPERATIONS$100
ST VINCENT CHURCH
250 MIDLAND AVEBASALTCO81621NONEPCFOR OPERATIONS$4,000
ST VINCENT CHURCH
250 MIDLAND AVEBASALTCO81621NONEPCFOR OPERATIONS$1,000
UTMB
301 UNIVERSITY BOULEVARDGALVESTONTX77555NONEGOVFOR OPERATIONS$2,500
UTMB
301 UNIVERSITY BOULEVARDGALVESTONTX77555NONEGOVFOOD FOR WORKERS$370
HE BUTT FOUNDATION
719 EARL GARRETT STREETKERRVILLETX78028NONEPCFOR OPERATIONS$1,730
ST THOMAS HIGH SCHOOL
4500 MEMORIAL DRIVEHOUSTONTX77007NONEPCFOR OPERATIONS$100
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$19,800TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$24ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,176ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$11,283ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$16,483ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$16,483TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryFORM 990-PF PREP FEECategoryTxt
Amt$500Amt
Net Investment Income$250NetInvestmentIncomeAmt
Disbursements Charitable Prps$250DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockEQUITIESStockNm
EOY Book Value$145,662EOYBookValueAmt
EOYFMV$320,791EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
EXCISE TAX$136
TAX ON UNDISTRIBUTED INCOME$1,553

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