Gillson Longenbaugh Foundation: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
Gillson Longenbaugh Foundation (EIN 76-0001952)
Tax period
2020-06-01 to 2021-05-31
Filed
2021-10-11
IRS object ID
202142849349100209
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)
Return2021-10-11T07:12:12-07:00ReturnTs
Tax Period End2021-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN760269860PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Blazek & VetterlingBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12900 Weslayan Suite 200AddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77027ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760001952EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Gillson Longenbaugh FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGILLBusinessNameControlTxt
Phone7134395739PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12900 Weslayan 200AddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77027ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLawrence LevyPersonNm
Person TitlePresident/DirectorPersonTitleTxt
Signature2021-10-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLawrencePersonFirstNm
Person LastLevyPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKurt CoburnPreparerPersonNm
PTINP01638285PTIN
Phone7134395739PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
PF Status Term Sect507b1 AYes (X)PFStatusTermSect507b1AInd
Final ReturnYes (X)FinalReturnInd
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
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$4,572InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$4,572InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$101,406DividendsRevAndExpnssAmt
Dividends Net Invst Incm$101,406DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$102,475NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$4,744,510GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$102,475CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$208,453TotalRevAndExpnssAmt
Total Net Invst Incm$208,453TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$90,808CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$13,621CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$77,187CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$5,600PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$840PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$4,760PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$15,853LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$15,853LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$13,830AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$6,915AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$6,915AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$57,487OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$57,487OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$2,500TaxesRevAndExpnssAmt
Occupancy Rev And Expnss$26,098OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$3,914OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$22,184OccupancyDsbrsChrtblAmt
Other Expenses Rev And Expnss$13,192OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,979OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$11,213OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$225,368TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$84,756TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$138,112TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$11,985,897ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$11,985,897ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$12,211,265TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$84,756TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$12,124,009TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$12,002,812ExcessRevenueOverExpensesAmt
Net Investment Income$123,697NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$7,360,777SavAndTempCashInvstBOYAmt
Corporate Bonds BOY$4,642,035CorporateBondsBOYAmt
Total Assets BOY$12,002,812TotalAssetsBOYAmt
Total Assets EOY$0TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$12,002,812RetainedEarningBOYAmt
Tot Net Ast Or Fund Balances BOY$12,002,812TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$0TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$12,002,812TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$0TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$12,002,812TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$12,002,812ExcessRevenueOverExpensesAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Publicly - traded securities$4,738,757$4,642,035$96,722$96,722
Capital gain distributions$1,951$1,951$1,951
Securities litigation proceeds$3,802$3,802$3,802
FieldValueIRS element (for citing)
Capital Gain Net Income$102,475CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,719InvestmentIncomeExciseTaxAmt
Subtotal$1,719SubtotalAmt
Tax Based On Investment Income$1,719TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,500EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,500TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$7EsPenaltyAmt
Overpayment$774OverpaymentAmt
Applied To ES Tax$0AppliedToESTaxAmt
Refund$774RefundAmt

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 EtcYes (true)OrganizationDissolvedEtcInd
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 FundYes (true)DonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Blazek & VetterlingBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7134395739PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12900 Weslayan Suite 200AddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77027ZIPCd
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 PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
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
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Lawrence Levy
2900 Weslayan Suite 200HoustonTX77027President/Dir32.00$73,208
Neal R Pellis PhD
2900 Weslayan Suite 200HoustonTX77027Sec/SciAdv/Dir6.60$12,800
EW Ned Torian
2900 Weslayan Suite 200HoustonTX77027VP/Dir3.00$4,800
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Northern TrustBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 S La Salle StAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60603ZIPCd
FieldValueIRS element (for citing)
Service TypeInvestment MgrServiceTypeTxt
Compensation$57,438CompensationAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,958,021AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$7,233,728AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$10,191,749TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$10,191,749AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$152,876CashDeemedCharitableAmt
Net Vl Noncharitable Assets$10,038,873NetVlNoncharitableAssetsAmt
Minimum Investment Return$501,944MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$501,944MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,719TaxBasedOnInvestmentIncomeAmt
Total Tax$1,719TotalTaxAmt
Distributable Before Adj$500,225DistributableBeforeAdjAmt
Distributable Before Ded$500,225DistributableBeforeDedAmt
Distributable As Adjusted$500,225DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$12,124,009ExpensesAndContributionsAmt
Qualifying Distributions$12,124,009QualifyingDistributionsAmt
Adjusted Qualifying Distri$12,124,009AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$500,225DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$1,116,165ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,584,684ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$26,636,288ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$29,337,137TotalExcessDistributionCyovAmt
Qualifying Distributions$12,124,009QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$500,225AppliedToCurrentYearAmt
Remaining Distri From Corpus$11,623,784RemainingDistriFromCorpusAmt
Total Corpus$40,960,921TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$40,960,921ExcessDistriCyovToNextYrAmt
Excess From Year3$1,116,165ExcessFromYear3Amt
Excess From Year2$1,584,684ExcessFromYear2Amt
Excess From Year1$26,636,288ExcessFromYear1Amt
Excess From Current Year$11,623,784ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonVanguard Charitable EndowmentRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 924528AddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77292ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipN/ARecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeCancer research, other medical research, and other charitable purposesGrantOrContributionPurposeTxt
Amt$11,985,897Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$11,985,897TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,572ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$101,406ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$102,475ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$208,453ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$208,453TotalIncomeProducingActyAmt

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 (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Bookkeeping$2,400$1,200$0$1,200
Tax compliance$11,430$5,715$0$5,715

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationThe following information is submitted in accordance with Treasury RegulationSection 1.6043-3(a)(1) and the Form 990-PF instructions:The Foundation made distributions of cash to the grantee listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose listed on the schedule. The Foundation has terminated under Section 507(b)(1)(A) by distributing its remaining net assets to a Section 509(a)(1) public charity. The final distribution was made to the grantee reported in Part XV, Line 3a as of 5/31/2021.ExplanationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLegal counselCategoryTxt
Legal Fees$15,853LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$15,853DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Insurance$5,938$891$5,047
Office expenses$2,886$433$2,453
Office supplies$382$57$325
Payroll Expenses$261$40$221
Telephone$3,725$558$3,167

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment management feesCategoryTxt
Amt$57,487Amt
Net Investment Income$57,487NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryExcise taxesCategoryTxt
Amt$2,500Amt

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