CARRUTH FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CARRUTH FOUNDATION (EIN 76-0439576)
- Tax period
- 2020-02-01 to 2021-01-31
- Filed
- 2021-12-14
- IRS object ID
- 202133489349101008
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-12-14T11:43:05-06:00 | ReturnTs |
| Tax Period End | 2021-01-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752393478 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHITLEY PENN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3737 BUFFALO SPEEDWAY SUITE 1600 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77098 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-02-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760439576 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CARRUTH FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARR | BusinessNameControlTxt |
| Phone | 7135263012 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 ALLEN PARKWAY SUITE 1570 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRADY F CARRUTH | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 7135263012 | PhoneNum |
| Signature | 2021-12-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BRADY | PersonFirstNm |
| Person Last | CARRUTH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VICTOR E HARRIS | PreparerPersonNm |
| PTIN | P00025194 | PTIN |
| Phone | 7136211515 | PhoneNum |
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 | $13,453,945 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $325,517 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $318,875 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $151,963 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,951,913 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $151,963 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $7,326 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $7,326 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $484,806 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $478,164 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $81,579 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $81,579 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $571 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $571 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $25,131 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $25,131 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $24,788 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $17,707 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $132,069 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $124,988 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $915,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $915,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,047,069 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $124,988 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $915,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$562,263 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $353,176 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $901,048 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $279,519 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $279,519 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $28,873 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $28,873 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $7,223,856 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,312,116 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,969,627 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $3,962,454 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,894,451 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,175,926 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $12,087,358 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,514,959 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,453,945 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $10,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,000 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $12,087,358 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $11,504,959 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,087,358 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,504,959 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,087,358 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,514,959 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,087,358 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$562,263 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $11,525,095 | SubtotalAmt |
| Other Decreases | $20,136 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,504,959 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (23 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|
| NFS # 0928 - SEE ATTACHMENT | 2021-01-31 | $232,439 | $241,337 | -$8,898 | -$8,898 | |
| NFS # 0929 - SEE ATTACHMENT | 2021-01-31 | $1,019,525 | $1,150,557 | -$131,032 | -$131,032 | |
| NFS # 0929 - WASH SALES | 2021-01-31 | $2,412 | $2,412 | $2,412 | ||
| NFS # 3168 - SEE ATTACHMENT | 2021-01-31 | $571,767 | $720,497 | -$148,730 | -$148,730 | |
| NFS # 3168 - WASH SALES | 2021-01-31 | $6,465 | $6,465 | $6,465 | ||
| CS #3393 - SEE ATTACHMENT | 2021-01-31 | $1,066,022 | $999,027 | $66,995 | $66,995 | |
| CS #3393 - WASH SALES | 2021-01-31 | $115 | -$115 | -$115 | ||
| NFS # 0214 - SEE ATTACHMENT | 2021-01-31 | $255,849 | $293,373 | -$37,524 | -$37,524 | |
| NFS # 8809 - SEE ATTACHMENT | 2021-01-31 | $244,703 | $257,038 | -$12,335 | -$12,335 | |
| NFS # 0928 - SEE ATTACHMENT | 2021-01-31 | $234,479 | $158,131 | $76,348 | $76,348 | |
| NFS # 0929 - SEE ATTACHMENT | 2021-01-31 | $1,336,234 | $1,192,220 | $144,014 | $144,014 | |
| NFS # 0929 - WASH SALES | 2021-01-31 | $837 | $837 | $837 | ||
| NFS # 3168 - SEE ATTACHMENT | 2021-01-31 | $473,522 | $440,090 | $33,432 | $33,432 | |
| CS #3393 - SEE ATTACHMENT | 2021-01-31 | $1,499,185 | $1,271,745 | $227,440 | $227,440 | |
| CS #3393 - WASH SALES | 2021-01-31 | $771 | -$771 | -$771 | ||
| NFS $0214 - WASH SALES | 2021-01-31 | $4,592 | $4,592 | $4,592 | ||
| BLACKGOLD OPPORTUNITY FUND, LP | 2021-01-31 | $14 | $14 | $14 | P | |
| AVALON GLOBAL REAL ASSETS FUND, LP | 2021-01-31 | $184 | $184 | $184 | P | |
| AVALON GLOBAL REAL ASSETS FUND, LP | 2021-01-31 | $11,096 | -$11,096 | -$11,096 | P | |
| BLACKGOLD OPPORTUNITY FUND, LP | 2021-01-31 | $59,916 | -$59,916 | -$59,916 | P | |
| SECTION 1231 - AVALON GLOBAL REAL ASSETS FUND, LP | 2021-01-31 | $2,452 | $2,452 | $2,452 | P | |
| 1256 GAIN BLACKGOLD OPPORTUNITY FUND, LP | 2021-01-31 | $4,037 | -$4,037 | -$4,037 | P | |
| NFS # 3168 CAPITAL GAIN DISTRIBUTIONS | 2021-01-31 | $1,232 | $1,232 | $1,232 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $151,963 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,909 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,909 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,909 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $30,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $25,091 | OverpaymentAmt |
| Applied To ES Tax | $25,091 | 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 | WILLIAM CLARKE CPA | IndividualWithBooksNm |
| Phone | 7135263012 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 ALLEN PARKWAY SUITE 1570 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| BRADY F CARRUTH | ||||||||
| 2727 ALLEN PARKWAY SUITE 1570 | HOUSTON | TX | 770192125 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| ALAN SCHUBERT | ||||||||
| 2727 ALLEN PARKWAY SUITE 1570 | HOUSTON | TX | 770192125 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| GENTRY LEE | ||||||||
| 2727 ALLEN PARKWAY SUITE 1570 | HOUSTON | TX | 770192125 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,227,174 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $767,517 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $388,504 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,383,195 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,383,195 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $185,748 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,197,447 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $609,872 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $609,872 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,909 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,909 | TotalTaxAmt |
| Distributable Before Adj | $604,963 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $604,963 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $604,963 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $915,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $915,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $915,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $604,963 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $620,000 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $158,594 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $212,274 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $28,448 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,019,316 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $915,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $604,963 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $310,037 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,329,353 | 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 | $1,329,353 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $620,000 | ExcessFromYear4Amt |
| Excess From Year3 | $158,594 | ExcessFromYear3Amt |
| Excess From Year2 | $212,274 | ExcessFromYear2Amt |
| Excess From Year1 | $28,448 | ExcessFromYear1Amt |
| Excess From Current Year | $310,037 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CAMP FOR ALL | ||||||
| 3701 KIRBY DRIVE 570 | HOUSTON | TX | 77098 | PUBLIC | GENERAL SUPPORT | $10,000 |
| HOUSTON GRAND OPERA | ||||||
| 510 PRESTON ST | HOUSTON | TX | 77002 | PUBLIC | GENERAL SUPPORT | $75,000 |
| HOUSTON MUSEUM OF NATURAL SCIENCE | ||||||
| 5555 HERMANN PARK DRIVE | HOUSTON | TX | 77030 | PUBLIC | GENERAL SUPPORT | $150,000 |
| HOUSTON SPCA | ||||||
| 7007 OLD KATY ROAD | HOUSTON | TX | 77024 | PUBLIC | GENERAL SUPPORT | $300,000 |
| NORTHLAND CHRISTIAN SCHOOL | ||||||
| 4363 SYLVANFIELD DRIVE | HOUSTON | TX | 77014 | PUBLIC | GENERAL SUPPORT | $100,000 |
| SLIPPERY ROCK UNIVERSITY FOUNDATION | ||||||
| 1 MORROW WAY | SLIPPERY ROCK | PA | 16057 | PUBLIC | GENERAL SUPPORT | $25,000 |
| THE PARISH CHILDREN'S SCHOOL | ||||||
| 11001 HAMMERLY | HOUSTON | TX | 77043 | PUBLIC | GENERAL SUPPORT | $220,000 |
| THEATRE UNDER THE STARS | ||||||
| 800 BAGBY ST UNIT 200 | HOUSTON | TX | 77002 | PUBLIC | GENERAL SUPPORT | $25,000 |
| HEADACHE RESEARCH FDN | ||||||
| 609 MAIN STREET SUITE 2350 | HOUSTON | TX | 77002 | PUBLIC | GENERAL SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $915,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $325,517 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,326 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $151,963 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $484,806 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $484,806 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
| 4 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
| 5 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
| 8 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMEGY INVESTMENTS - FUND A | $770,615 | $1,209,545 |
| FIDELITY INVESTMENTS - FUND C | $2,432,568 | $2,768,579 |
| FID INV-214 | $1,355,705 | $1,535,218 |
| SCHWAB INVESTMENTS - STOCKS | $1,770,476 | $2,395,527 |
| FID INV-809 | $980,455 | $1,060,752 |
| SCHWAB INV - OTHER ASSETS | $2,297 | $6 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SCHWAB INVESTMENTS - FIXED INC | AT COST | $3,639,026 | $3,797,627 |
| FIDELITY INV A - PRIVATE EQUITY | AT COST | $255,425 | $378,299 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BASIS ADJUSTMENT | Desc |
| Amt | $20,136 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $150 | $150 | $0 |
| OTHER FEES | $1,326 | $1,326 | $0 |
| ORDINARY INCOME - AVALON GLOBAL REAL ASSETS FUND, LP | $16,017 | $16,017 | $0 |
| BLACKGOLD OPPORTUNITY FUND, LP - OTHER EXPENSES | $208 | $208 | $0 |
| 2% PORTFOLIO EXPENSE - PARTNERSHIP | $7,055 | $0 | $0 |
| NONDEDUCTIBLE EXPENSE - PARTNERSHIP | $26 | $0 | $0 |
| AVALON GLOBAL REAL ASSETS FUND, LP - CONTRIBUTIONS | $5 | $5 | $0 |
| BLACKGOLD OPPORTUNITY FUND, LP - CONTRIBUTIONS | $1 | $1 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| GUARANTEED PMT- BLACKGOLD OPPORTUNITY FUND LP | $1,215 | $1,215 | $1,215 |
| ORDINARY INCOME - BLACKGOLD OPPORTUNITY FUND, LP | -$134 | -$134 | -$134 |
| RENTAL INCOME - AVALON GLOBAL REAL ASSET FUND, LP | -$3,691 | -$3,691 | -$3,691 |
| DIVIDEND INCOME - AVALON GLOBAL REAL ASSET FUND, LP | $434 | $434 | $434 |
| DIVIDEND INCOME - BLACKGOLD OPPORTUNITY FUND, LP | $233 | $233 | $233 |
| INTEREST INCOME - PASSIVE K-1 ACTIVITY | $8,512 | $8,512 | $8,512 |
| OTHER INCOME - PASSIVE K-1 ACTIVITY | $516 | $516 | $516 |
| SANTANDER SETTLEMENT | $241 | $241 | $241 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXTENSION PAYABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $10,000 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $81,579 | Amt |
| Net Investment Income | $81,579 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN DIVIDEND TAX | $6,258 | $6,258 | $0 |
| NET INVESTMENT INCOME TAX | $18,873 | $18,873 | $0 |
Comments