BETA

PARTEN FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
PARTEN FOUNDATION (EIN 74-6043490)
Tax period
2020-04-01 to 2021-03-31
Filed
2021-11-17
IRS object ID
202133219349100713
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-17T01:26:11-00:00ReturnTs
Tax Period End2021-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1A Strong CPA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11790 Hughes Landing Blvd Ste 200AddressLine1Txt
CityThe WoodlandsCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77380ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN746043490EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Parten FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPARTBusinessNameControlTxt
Phone2818759100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 Highland Cross Drive Room 100AddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77073ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRobert PratkaPersonNm
Person TitleDirectorPersonTitleTxt
Signature2021-11-17SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRobertPersonFirstNm
Person LastPratkaPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJennifer Wertz CPAPreparerPersonNm
PTINP00782218PTIN
Phone2812881788PhoneNum
Preparation2021-11-17PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
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$1,999,570FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Interest On Sav Rev And Expnss$1,682InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,682InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$77,290DividendsRevAndExpnssAmt
Dividends Net Invst Incm$77,290DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$53,644NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$53,644GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$53,644CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$9OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$9OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$132,625TotalRevAndExpnssAmt
Total Net Invst Incm$132,625TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,560AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,560AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,196TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,196TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$1,936OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,936OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$4,692TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,692TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$88,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$88,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$92,692TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,692TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$88,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$39,933ExcessRevenueOverExpensesAmt
Net Investment Income$127,933NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,439CashBOYAmt
Cash EOY$11,019CashEOYAmt
Cash EOYFMV$11,019CashEOYFMVAmt
Sav And Temp Cash Invst BOY$14,809SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$14,038SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$14,809SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,098,385CorporateStockBOYAmt
Corporate Stock EOY$1,135,140CorporateStockEOYAmt
Corporate Stock EOYFMV$1,973,742CorporateStockEOYFMVAmt
Total Assets BOY$1,116,633TotalAssetsBOYAmt
Total Assets EOY$1,160,197TotalAssetsEOYAmt
Total Assets EOYFMV$1,999,570TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,116,633RetainedEarningBOYAmt
Retained Earning EOY$1,160,197RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,116,633TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,160,197TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,116,633TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,160,197TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,116,633TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$39,933ExcessRevenueOverExpensesAmt
Other Increases$3,631OtherIncreasesAmt
Subtotal$1,160,197SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,160,197TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyGain on the sale of AssetsPropertyDesc
Gross Sales Price$53,644GrossSalesPriceAmt
Gain Or Loss$53,644GainOrLossAmt
Gains Minus Excess Or Losses$53,644GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$53,644CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,778InvestmentIncomeExciseTaxAmt
Subtotal$1,778SubtotalAmt
Tax Based On Investment Income$1,778TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$94EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$94TotalPaymentsAndCreditsAmt
Original Return Tax Paid$94OriginalReturnTaxPaidAmt
Es Penalty$6EsPenaltyAmt
Tax Due$1,690TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
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 BooksMr Robert PratkaIndividualWithBooksNm
Phone2818759100PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1211 Highland Cross Ste 100AddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77073ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
John R Parten
211 Highland Cross Ste 100HoustonTX77073President/Director000.00$0
RF Pratka
211 Highland Cross Ste 100HoustonTX77073VP, Treasurer000.00$0
Vigirnia Cortinas
211 Highland Cross Ste 100HoustonTX77073Secretary000.00$0
John Austin Parten
211 Highland Cross Ste 100HoustonTX77073Director000.00$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,686,087AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$44,524AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,730,611TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,730,611AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$25,959CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,704,652NetVlNoncharitableAssetsAmt
Minimum Investment Return$85,233MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$85,233MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,778TaxBasedOnInvestmentIncomeAmt
Total Tax$1,778TotalTaxAmt
Distributable Before Adj$83,455DistributableBeforeAdjAmt
Distributable Before Ded$83,455DistributableBeforeDedAmt
Distributable As Adjusted$83,455DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$88,000ExpensesAndContributionsAmt
Qualifying Distributions$88,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$88,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$83,455DistributableAsAdjustedAmt
Undistributed Income PY$85,175UndistributedIncomePYAmt
Qualifying Distributions$88,000QualifyingDistributionsAmt
Applied To Year1$85,175AppliedToYear1Amt
Applied To Current Year$2,825AppliedToCurrentYearAmt
Undistributed Income CY$80,630UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJohn R PartenContributingManagerNm
Shareholder ManagerNAShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ACLU Foundation
PO Box 8306HoustonTX77288N/APCGeneral Support$5,000
CCA Texas
6919 Port WestHoustonTX77024N/APCGeneral Support$5,000
El Mesias United Methodist Church
406 E Rittenhouse StHoustonTX77076N/APCGeneral Support$5,000
Episcopal Theological Seminary
501 E 32nd StAustinTX78705N/APCGeneral Support$5,000
Houston Food Bank
535 PortwallHoustonTX77029N/APCGeneral Support$45,000
Madison County House of Hope Inc
901 W TrinityMadisonvilleTX77864N/APCGeneral Support$5,000
Madisonville Cemetary Association Inc
PO Box 486MadisonvilleTX77864N/APCGeneral Support$1,000
Madisonville Christian Fellowship Church
3793 TX-21MadisonvilleTX77864N/APCGeneral Support$2,000
Serenity Retreat for Healing
953 Memory LaneBellvilleTX77418N/APCGeneral Support$5,000
St Agnes Academy
9000 BelaireHoustonTX77036N/APCGeneral Support$3,000
St Thomas More Catholic High School
450 E Farrel RoadLafayetteLA70508N/APCGeneral Support$2,000
Texas Tech Foundation
Institutional Advancement Box 41081LubbockTX79409N/APCGeneral Support$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$88,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,682ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$77,290ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion15ExclusionCd
Exclusion$9ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$53,644ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$132,625ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$132,625TotalIncomeProducingActyAmt

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)
CategoryAccountingCategoryTxt
Amt$1,560Amt
Net Investment Income$1,560NetInvestmentIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockStock - UBSStockNm
EOY Book Value$1,135,140EOYBookValueAmt
EOYFMV$1,973,742EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
Insurance$1,879$1,879
Miscellaneous$57$57

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescRoyalty InocmeDesc
Revenue And Expenses Per Books$9RevenueAndExpensesPerBooksAmt
Net Investment Income$9NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescPrior Book AdjustmentDesc
Amt$3,631Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTaxes Per BookCategoryTxt
Amt$1,196Amt
Net Investment Income$1,196NetInvestmentIncomeAmt

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