SUMNERS FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SUMNERS FOUNDATION (EIN 75-2734032)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-09-20
- IRS object ID
- 202132639349100708
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-09-20T11:12:59-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752593210 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sutton Frost Cary LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 Six Flags Dr Suite 600 | AddressLine1Txt |
| City | Arlington | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76011 | 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 | 752734032 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SUMNERS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUMN | BusinessNameControlTxt |
| Phone | 2142202128 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2201 WEST ROYAL LANE 100 | AddressLine1Txt |
| City | IRVING | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75063 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | T Charles Pierson | PersonNm |
| Person Title | Executive Dir. | PersonTitleTxt |
| Signature | 2021-09-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | T Charles | PersonFirstNm |
| Person Last | Pierson | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kimberly D Crawford | PreparerPersonNm |
| PTIN | P00446484 | PTIN |
| Phone | 8176498083 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $68,664,613 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $50,954 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $416,101 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $416,101 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $109,160 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $109,160 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $472,734 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,517,880 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $472,734 | CapGainNetIncmNetInvstIncmAmt |
| Incm Modifications Adj Net Incm | $10,488 | IncmModificationsAdjNetIncmAmt |
| Other Income Rev And Expnss | $747,277 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $412,099 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,796,226 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,410,094 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $10,488 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $689,220 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $231,102 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $458,118 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $233,938 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $72,076 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $161,862 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $13,642 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $6,953 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $6,689 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $25,350 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,675 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $12,675 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $78,720 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $10,472 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $23,005 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $76,938 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $19,820 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $51,842 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $16,051 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $35,791 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $42,529 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $1,701 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $40,828 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $425,583 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $119,250 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $53,945 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,637,762 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $490,100 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $792,913 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,478,820 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,478,820 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,116,582 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $490,100 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,271,733 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,320,356 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $919,994 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $10,488 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,095,874 | CashBOYAmt |
| Cash EOY | $907,462 | CashEOYAmt |
| Cash EOYFMV | $907,462 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $941,851 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,611,765 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,611,765 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $113,530 | AcctRcvblAmt |
| Acct Rcvbl BOY | $206,916 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $113,530 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $113,530 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $31,728 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $21,629 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $21,629 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $27,914,995 | CorporateStockBOYAmt |
| Corporate Stock EOY | $30,683,652 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $30,683,652 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $279,402 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $279,402 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $279,402 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $279,402 | LandBldgInvestmentsEOYFMVAmt |
| Mortgage Loans BOY | $4,177,330 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $2,509,914 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $2,509,914 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $31,824,413 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $32,526,376 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $32,526,376 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $93,783 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $82,900 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $13,341 | LandBOYAmt |
| Land EOY | $10,883 | LandEOYAmt |
| Land EOYFMV | $10,883 | LandEOYFMVAmt |
| Total Assets BOY | $66,485,850 | TotalAssetsBOYAmt |
| Total Assets EOY | $68,664,613 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $68,664,613 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $6,010 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $60,927 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $6,430 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $167,649 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $12,440 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $228,576 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $66,473,410 | NoDonorRstrNetAssestsBOYAmt |
| Tot Net Ast Or Fund Balances BOY | $66,473,410 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $68,436,037 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $66,485,850 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $68,664,613 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $66,473,410 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,320,356 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,282,983 | OtherIncreasesAmt |
| Subtotal | $68,436,037 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $68,436,037 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| FEDERATED INVESTORS ULTRASHOR | P | 2018-01-01 | 2020-02-04 | $39,980 | $39,961 | $19 | $19 |
| VANGUARD INSTL INDEX FUND | P | 2028-01-01 | 2020-01-01 | $1,477,900 | $1,005,185 | $472,715 | $472,715 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $472,734 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,788 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $12,788 | SubtotalAmt |
| Tax Based On Investment Income | $12,788 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $51,835 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $51,835 | TotalPaymentsAndCreditsAmt |
| Overpayment | $39,047 | OverpaymentAmt |
| Applied To ES Tax | $39,047 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.HATTONSUMNERS.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLES PIERSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2142202128 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2201 WEST ROYAL LANE 100 | AddressLine1Txt |
| City | IRVING | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75063 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| DAVID G DRUMM | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | Treasurer | 2.00 | $29,000 | |
| JERRY D REIS | |||||||
| 6012 W CAMPUS CIRCLE DR 210 | IRVING | TX | 75063 | Chairman | 2.00 | $32,000 | |
| LON R WILLIAMS | |||||||
| 2501 N HARWOOD SUITE 1900 | DALLAS | TX | 75201 | VICE CHAIRMAN | 2.00 | $30,500 | |
| SCOTT M HIGGINBOTHAM | |||||||
| 125 BELLAIRE AVENUE | DUMAS | TX | 79029 | Director | 2.00 | $27,000 | |
| WILLIAM W MEADOWS | |||||||
| 421 W 3RD STREET SUITE 800 | FORT WORTH | TX | 76102 | Director | 2.00 | $17,919 | |
| MIKE MCELROY | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | Controller | 40.00 | $95,400 | $14,310 |
| BETH VAN DUYNE | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | Secretary | 2.00 | $17,936 | |
| BRANT C MARTIN | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | Director | 2.00 | $23,500 | |
| T Charles Pierson | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | Executive Dir. | 40.00 | $244,115 | $36,617 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| JANEMARIE CLARK | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | EXEC. ASSISTANT | 40.00 | $66,485 | $9,973 |
| EILEEN RESNIK | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | PROGRAM DIRECTOR | 40.00 | $105,365 | $15,805 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $27,262,978 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,221,498 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $35,271,314 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $64,755,790 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $64,755,790 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $971,337 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $63,784,453 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,189,223 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,189,223 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,788 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,788 | TotalTaxAmt |
| Distributable Before Adj | $3,176,435 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $10,488 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,186,923 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,186,923 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,271,733 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,271,733 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $3,271,733 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,186,923 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,158,606 | UndistributedIncomePYAmt |
| Qualifying Distributions | $3,271,733 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,158,606 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $113,127 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $3,073,796 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CHARLES PIERSON | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2201 WEST ROYAL LANE 100 | AddressLine1Txt |
| City | IRVING | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75063 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2142202128 | RecipientPhoneNum |
| Recipient Email Address | CHARLES@SUMNERSFOUNDATION.ORG | RecipientEmailAddressTxt |
| Form And Info And Materials | LETTER, RESUME OF ORGANIZATION OR PERSON AND OTHER SUPPORTING MATERIAL. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | VARIOUS | SubmissionDeadlinesTxt |
| Restrictions On Awards | AWARDS ARE LIMITED TO THE STUDY AND TEACHING OF THE SCIENCE OF SELF-GOVERNMENT. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (54 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BAYLOR UNIVERSITY | |||||||
| 1311 S 5TH ST | WACO | TX | 76706 | NONE | PC | iENGAGE SUMMER CIVICS | $25,000 |
| BIG BROTHERS BIG SISTERS LONESTAR | |||||||
| 450 E JOHN CARPENTER FWY | IRVING | TX | 75062 | NONE | PC | CITIZENSHIP CHARACTER PROGRAM | $25,000 |
| LAW FOCUSED EDUCSTATE BAR OF TEXAS | |||||||
| 14651 DALLAS PKWY | DALLAS | TX | 75254 | NONE | PC | TEXAS CITIZEN BEE AND WHAT UNITES PROGRAM | $727,250 |
| NEW MEXICO FIRST | |||||||
| 505 MARQUETTE AVE | ALBUQUERQUE | NM | 87102 | NONE | PC | IMPLEMENT PUBLIC EDUCATION AFTER TOWN HALL MEETING | $80,000 |
| PHILANTHROPY ROUNDTABLE | |||||||
| 1730 M STREET NM | WASHINGTON | DC | 20036 | NONE | PC | GENERAL SUPPORT AND ALLIANCE FOR CHARITABLE REFORM | $10,000 |
| SCHREINER UNIVERSITY | |||||||
| 2100 SAN ANTONIO HWY | KERRVILLE | TX | 78028 | NONE | PC | WHITEHURST AWARDS & SCHOLARSHIP PROGRAM DEVELOPMENT | $5,100 |
| TEXAS WESLEYAN UNIVERSITY | |||||||
| 1201 WESLEYAN ST | FORT WORTH | TX | 75105 | NONE | PC | SUMNERS SCHOLARSHIP ENDOWMENT | $6,000 |
| UNIVERSITY OF DALLAS | |||||||
| 1845 E NORTHGATE DR | IRVING | TX | 75062 | NONE | PC | SUMNERS SCHOLARSHIP PROGRAM | $68,500 |
| UNIVERSITY OF TEXAS AT AUSTIN | |||||||
| BOX 8058 | AUSTIN | TX | 78712 | NONE | PC | ANNETTE STRAUS INSTITUTE | $53,000 |
| YMCA ALBUQUERQUE CENTRAL NM | |||||||
| 4701 MONTANO RD NM | ALBUQUERQUE | NM | 87120 | NONE | PC | YOUTH AND GOVERNMENT | $10,000 |
| YMCA OKLAHOMA CITY | |||||||
| 100 W MAIN ST | OKLAHOMA CITY | OK | 73102 | NONE | PC | YOUTH AND GOVERNMENT | $90,000 |
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVE | SHERMAN | TX | 75090 | NONE | PC | CRIMINAL LAW SYMPOSIUM | $2,000 |
| THE BILL OF RIGHTS INSTITUTE | |||||||
| 200 NORTH GLEBE ROAD | ARLINGTON | VA | 22203 | NONE | PC | "TEXAS CITIZEN BEE" PROGRAM MAINTANANCE | $25,000 |
| FUND FOR AMERICAN STUDIES | |||||||
| 1706 NEW HAMPSHIRE AVE | WASHINGTON | DC | 20009 | NONE | PC | SUMNERS SCHOLARSHIPS | $33,370 |
| TEXAS TRIBUNE | |||||||
| 823 CONGRESS AVE | AUSTIN | TX | 78701 | NONE | PC | FESTIVAL, CONVERSATION SERIES & SYMPOSIUMS PUBLIC POLICY EVENTS | $50,000 |
| INSTITUTE FOR POLICY INNOVATION | |||||||
| 1660 S INTERSTATE 35-E | LEWISVILLE | TX | 75067 | NONE | PC | HWS DISTINGUISHED LECTURES | $150,000 |
| LIBERTAS ACADEMY | |||||||
| 33617 E FOWLER AVE | TAMPA | FL | 33617 | NONE | PC | SPRING CIVICS INSTITUTE: INSTRUCTION AND CURRICULUM | $15,000 |
| CONSTITUTING AMERICA | |||||||
| PO BOX 1988 | COLLEYVILLE | TX | 76034 | NONE | PC | WE THE PEOPLE 9.17 CONTEST | $19,600 |
| FIRST LIBERTY INSTITUTE | |||||||
| 2001 PLANO PARKWAY 1600 | PLANO | TX | 75075 | NONE | PC | THREE INTERNSHIPS FOR SUMNERS SCHOLARS | $14,000 |
| OKLAHOMA CITY UNIVERSITY | |||||||
| 2501 BLACKWELDER AVE | OKLAHOMA CITY | OK | 73106 | NONE | PC | ROBERT HENRY TRIBUTE | $15,000 |
| AMERICAN PROMISE INC | |||||||
| 33 BRADFORD ST | CONCORD | MA | 01742 | NONE | PC | DEMOCRACY SHARETANK | $10,000 |
| ASHBROOK UNIVERSITY | |||||||
| 401 COLLEGE AVE | ASHLAND | OH | 44805 | NONE | PC | ASHBROOK CENTER | $8,000 |
| YOUNG VOICES | |||||||
| 1342 FLORIDA AVENUE NW | WASHINGTON | DC | 20009 | NONE | PC | GENERAL SUPPORT | $5,000 |
| AMERICAN PRIVATE RADIO | |||||||
| 1739 UNIVERSITY AVENUE 341 | OXFORD | MS | 38655 | NONE | PC | GENERAL SUPPORT | $8,100 |
| BOYS GIRLS CLUBS OF MCGEHEE | |||||||
| 205 WASHINGTON AVENUE | MCGEHEE | AR | 71654 | NONE | PC | GENERAL SUPPORT | $6,700 |
| BRAVER ANGELS | |||||||
| 733 THIRD AVENUE FL 16 | NEW YORK | NY | 10017 | NONE | PC | GENERAL SUPPORT | $75,000 |
| CERTELL INC | |||||||
| 2201 E 46TH ST 302 | INDIANAPOLIS | IN | 46205 | NONE | PC | GENERAL SUPPORT | $10,000 |
| DALLAS HOLOCAUST HUMAN RIGHTS MUSEU | |||||||
| 300 N HOUSTON ST | DALLAS | TX | 75202 | NONE | PC | GENERAL SUPPORT | $25,000 |
| FOUNDATION FOR RESPONSIBLE TELEVISI | |||||||
| 11700 PRESTON RD 660-193 | DALLAS | TX | 75230 | NONE | PC | GENERAL SUPPORT | $50,000 |
| GENERAL TOMMY FRANKS LEADERSHIP INS | |||||||
| 507 S MAIN ST | HOBART | OK | 73651 | NONE | PC | GENERAL SUPPORT | $50,000 |
| GILDER LEHRMAN INSTITUTE OF AMERICA | |||||||
| 49 WEST 45TH STREET 2ND FL | NEW YORK | NY | 10036 | NONE | PC | GENERAL SUPPORT | $7,500 |
| HUGH O'BRIEN YOUTH LEADERSHIP | |||||||
| PO BOX 55113 | SHERMAN OAKS | CA | 91413 | NONE | PC | GENERAL SUPPORT | $22,900 |
| INSTITUTE FOR EDUCATION POLICY | |||||||
| 2800 N CHARLES ST | BALTIMORE | MD | 21218 | NONE | PC | GENERAL SUPPORT | $16,300 |
| INTERNATIONAL LITERACY AND DEVELOPM | |||||||
| PO BIX 383153 | DUNCANVILLE | TX | 75138 | NONE | PC | GENERAL SUPPPORT | $8,800 |
| NANCY LIEVERMAN CHARITIES | |||||||
| PO BOX 261233 | PLANO | TX | 75026 | NONE | PC | GENERAL SUPPORT | $100,000 |
| NATIONAL ARCHIVES FOUNDATION | |||||||
| 700 PENNSYLVANIA AVE NW | WASHINGTON | DC | 20408 | NONE | PC | GENERAL SUPPORT | $25,000 |
| NATIONAL CONSTITUTION CENTER | |||||||
| 525 ARCH ST | PHILADELPHIA | PA | 19106 | NONE | PC | GENERAL SUPPORT | $23,800 |
| SAN ANTONIO REPORT | |||||||
| 126 GONZALES ST 100 | SAN ANTONIO | TX | 78205 | NONE | PC | GENERAL SUPPORT | $10,000 |
| STEAMBOAT INSTITUTE | |||||||
| PO BOX 883037 | STEAMBOAT SPRINGS | CO | 80488 | NONE | PC | GENERAL SUPPORT | $14,600 |
| SUPREME COURT HISTORICAL SOCIETY | |||||||
| 224 EAST CAPITOL ST NE | WASHINGTON | DC | 20003 | NONE | PC | GENERAL SUPPORT | $50,000 |
| TAKE BACK OUR REPUBLIC | |||||||
| 165 E MAGNOLIA AVE 203 | AUBURN | AL | 36839 | NONE | PC | GENERAL SUPPORT | $8,000 |
| TEXAS FFA FOUNDATION | |||||||
| 614 EAST 12TH STREET | AUSTIN | TX | 78701 | NONE | PC | GENERAL SUPPORT | $35,400 |
| TEXAS PUBLIC POLICY FOUNDATION | |||||||
| 901 CONGRESS AVENUE | AUSTIN | TX | 78701 | NONE | PC | GENERAL SUPPORT | $75,000 |
| TEXAS TECH FREE MARKET INSTITUTE | |||||||
| 2500 BROADWAY | LUBBOCK | TX | 79409 | NONE | PC | GENERAL SUPPORT | $15,400 |
| THE INDEPENDENT INSTITUTE | |||||||
| 100 SWAN WAY | OAKLAND | CA | 94621 | NONE | PC | GENERAL SUPPORT | $18,800 |
| THE JAMES MADISON INSTITUTE | |||||||
| 100 N DUVAL ST | TALLAHASSEE | FL | 32301 | NONE | PC | GENERAL SUPPORT | $35,000 |
| THE POLICY CIRCLE | |||||||
| 1189 WILMETTE AVE 210 | WILMETTE | IL | 60091 | NONE | PC | GENERAL SUPPORT | $8,000 |
| UNITED STATES ASSN OF FORMER MEMBER | |||||||
| 1401 K STREET NW 901 | WASHINGTON | DC | 20005 | NONE | PC | GENERAL SUPPORT | $15,000 |
| THE UNIVERSITY OF TEXAS AT DALLAS | |||||||
| 800 W CAMPBELL RD | RICHARDSON | TX | 75080 | NONE | PC | GENERAL SUPPORT | $11,000 |
| VALUES THROUGH HISTORY | |||||||
| 1419 SUGAR CREEK BLVD | SUGAR LAND | TX | 77478 | NONE | PC | GENERAL SUPPORT | $36,300 |
| YMCA OF AUSTIN | |||||||
| 55 NORTH IH-35 | AUSTIN | TX | 78705 | NONE | PC | GENERAL SUPPORT | $225,000 |
| CONSTITUTIONAL RIGHTS FOUNDATION | |||||||
| 601 S KINGSLEY DR | LOS ANGELES | CA | 90005 | NONE | PC | GENERAL SUPPORT | $20,000 |
| FORT WORTH COUNTRY DAY SCHOOL | |||||||
| 4200 COUNTRY DAY LN | FORT WORTH | TX | 76109 | NONE | PC | BREAKTHROUGH FORT WORTH | $10,000 |
| FREE TO CHOOSE NETWORK | |||||||
| 2002 FILMORE AVENUE | ERIE | PA | 16506 | NONE | PC | GENERAL SUPPORT | $15,400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,478,820 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $416,101 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $109,160 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | -$27,756 | UnrelatedBusinessTaxblIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $472,734 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| OIL & GAS ROYALTIES | 15 | $412,099 | ||
| Pass Through UBI from K-1 | 531120 | $53,430 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $25,674 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $937,360 | ExclusionAmt |
| Related Or Exempt Function Incm | $472,734 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,435,768 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $25,350 | Amt |
| Net Investment Income | $12,675 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $12,675 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| LAZARD INTERNATIONAL STRATEGY | $4,097,242 | $4,097,242 |
| JANUS HENDERSON FUNDS ENTERPRISE 1 | $6,313,211 | $6,313,211 |
| MGD PORTFOLIO SERIES NUANCE | $4,975,569 | $4,975,569 |
| VANGUARD INST INDEX INST | $8,256,707 | $8,256,707 |
| VANGUARD SM CAP INDEX ADMIRAL | $3,802,735 | $3,802,735 |
| WILLIAM BLAIR FUNDS EMRG MKTS SM CAP | $3,238,188 | $3,238,188 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land | CategoryOrItemTxt |
| Cost Or Other Basis | $279,402 | CostOrOtherBasisAmt |
| Book Value | $279,402 | BookValueAmt |
| EOYFMV | $279,402 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (38 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMERRA AGRI FUND II LP | FMV | $1,221,341 | $1,221,341 |
| WHITEBOX MULTI STRATEGY FUND | FMV | $4,090,246 | $4,090,246 |
| ML-K-18-WP TRUST IV | FMV | $52,386 | $52,386 |
| LINX FUND I LP | FMV | $7,318,636 | $7,318,636 |
| CAPITAL ROY PARTNERS II | FMV | $115,548 | $115,548 |
| TIDELAND ROYALTY TRUST "B" | FMV | $5,125 | $5,125 |
| ORRI GULF OF MEXICO | FMV | $292,220 | $292,220 |
| ORRI OFFSHORE #2 | FMV | $18,533 | $18,533 |
| ORRI OKLAHOMA #1 | FMV | $743,835 | $743,835 |
| ORRI OKLAHOMA #2 | FMV | $40,898 | $40,898 |
| ORRI KANSAS | FMV | $33,665 | $33,665 |
| ORRI LOUISIANA | FMV | $27,600 | $27,600 |
| ORRI OKLAHOMA #3 | FMV | $27,662 | $27,662 |
| ORRI NM #1 | FMV | $8,093 | $8,093 |
| ORRI TEXAS #2 | FMV | $79,721 | $79,721 |
| ORRI LA #5 | FMV | $376 | $376 |
| ORRI LOUISIANA #2 | FMV | $244 | $244 |
| ORRI LOUISIANA # 3 | FMV | $13,850 | $13,850 |
| ORRI NM #2 | FMV | $1,202 | $1,202 |
| ORRI TEXAS #2 | FMV | $26,365 | $26,365 |
| ORRI TEXAS | FMV | $52,789 | $52,789 |
| ORRI TEXAS #5 | FMV | $10,141 | $10,141 |
| ORRI KANSAS #2 | FMV | $42,903 | $42,903 |
| ORRI WYOMING #1 | FMV | $236,636 | $236,636 |
| MADISON 1600 VICEROY | FMV | $573,663 | $573,663 |
| BACELINE NOP DEBT III | FMV | $194,127 | $194,127 |
| HERITAGE OFFICE BUILDING (PAR CAPITAL) | FMV | $698,343 | $698,343 |
| PINNACLE IV | FMV | $2,633,879 | $2,633,879 |
| AMERRA AGRI FUND III | FMV | $1,450,260 | $1,450,260 |
| HACKBERRY CREEK | FMV | $1,509,140 | $1,509,140 |
| MADISON, LLC | FMV | $2,293,339 | $2,293,339 |
| AMERRA AGR FUND II ANNEX | FMV | $1,280,742 | $1,280,742 |
| PINNACLE V LP | FMV | $1,846,191 | $1,846,191 |
| PARR CAPITAL 122 WEST | FMV | $2,746,657 | $2,746,657 |
| AMERRA PIPELINE CAPITAL | FMV | $1,309,396 | $1,309,396 |
| MANOR RV PARK LLC | FMV | $287,500 | $287,500 |
| FEDERATED HERMES ULTRASHORT BOND INST | FMV | $27,016 | $27,016 |
| ENNIS BLDG-PAR CAPITAL | FMV | $1,216,108 | $1,216,108 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $93,783 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $82,900 | AccumulatedDepreciationAmt |
| Book Value | $10,883 | BookValueAmt |
| EOYFMV | $10,883 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | legal fees | CategoryTxt |
| Legal Fees | $13,642 | LegalFeesAmt |
| Net Investment Income | $6,953 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $6,689 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Amortization | $11,288 | ||
| INFORMATION TECHNOLOGY | $57,991 | $30,549 | $27,442 |
| INSURANCE | $22,080 | $11,083 | $10,994 |
| INVESTMENT EXPENSES | $3,750 | $3,750 | |
| MANAGEMENT FEES | $53,133 | $53,133 | |
| MISCELLANEOUS | $3,449 | $3,449 | |
| OIL & GAS MAINTENANCE | $15,008 | $15,008 | |
| PARKING | $2,086 | $653 | $1,434 |
| POSTAGE | $8,566 | $2,277 | $6,289 |
| Rental Expenses | $241,098 | ||
| SUPPLIES | $1,041 | -$432 | $1,473 |
| TELEPHONE | $6,093 | $3,229 | $2,864 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OIL & GAS ROYALTIES | $412,099 | $412,099 |
| Pass Through UBI from K-1 | $53,430 | |
| Rental Income - Noninvestment Property | $281,748 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Excise Taxes | Desc |
| BOY Book Value | $6,430 | BOYBookValueAmt |
| EOY Book Value | $167,649 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $45,243 | ||
| PAYROLL TAX | $33,477 | $10,472 | $23,005 |
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