DISCOVERY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- DISCOVERY FOUNDATION (EIN 75-2625743)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-10-21
- IRS object ID
- 202142949349100409
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-10-21T10:46:04-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 900525804 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAVILLE DODGEN AND COMPANY PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 NORTH PEARL STREET SUITE 1100 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | 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 | 752625743 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DISCOVERY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DISC | BusinessNameControlTxt |
| Phone | 2142737352 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4514 COLE AVENUE 600 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75205 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID WINTER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2148002049 | PhoneNum |
| Signature | 2021-09-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DAVID | PersonFirstNm |
| Person Last | WINTER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN LANGSTON CPA | PreparerPersonNm |
| PTIN | P01061956 | PTIN |
| Phone | 2149229727 | PhoneNum |
| Preparation | 2021-09-21 | PreparationDt |
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 |
| 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 | $15,350,548 | 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 | $171,398 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $171,398 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $269,973 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,827,774 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $269,973 | CapGainNetIncmNetInvstIncmAmt |
| Incm Modifications Adj Net Incm | $13,988 | IncmModificationsAdjNetIncmAmt |
| Other Income Rev And Expnss | $118,333 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $117,455 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $559,704 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $558,826 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $13,988 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $84,597 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $42,298 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $42,299 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $62,333 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $31,167 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $31,166 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,890 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,945 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,945 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,845 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,423 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,423 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $67,807 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $66,927 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $880 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $23,075 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,866 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $3,236 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,180 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $18,179 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $18,179 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $12,914 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $158 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $12,756 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $280,820 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $154,784 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $113,884 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $590,849 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $590,849 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $871,669 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $154,784 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $704,733 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$311,965 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $404,042 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $13,988 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $157,117 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $492,665 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $492,665 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $8,492,968 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,673,595 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,915,030 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,211,585 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $1,269,980 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,211,585 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $480,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $458,764 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $458,494 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $458,494 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $9,413 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,054 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $90 | LandBOYAmt |
| Land EOY | $4,359 | LandEOYAmt |
| Land EOYFMV | $4,359 | LandEOYFMVAmt |
| Total Assets BOY | $10,378,919 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,840,698 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $15,350,548 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $242,566 | GrantsPayableBOYAmt |
| Other Liabilities BOY | $972 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $3,294 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $243,538 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,294 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $10,135,381 | RetainedEarningBOYAmt |
| Retained Earning EOY | $9,837,404 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,135,381 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,837,404 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,378,919 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,840,698 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,135,381 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$311,965 | ExcessRevenueOverExpensesAmt |
| Other Increases | $13,988 | OtherIncreasesAmt |
| Subtotal | $9,837,404 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,837,404 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| VARIOUS PUBLICLY TRADED SECURITIES | P | $2,804,850 | $2,499,406 | $305,444 | $305,444 |
| PEAKS AND VALLEYS, LLC | P | $424 | $424 | $424 | |
| LOSS ON SALE OF LAND | P | $22,500 | $58,395 | -$35,895 | -$35,895 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $269,973 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,616 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,616 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,616 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,920 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $6,420 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $804 | OverpaymentAmt |
| Applied To ES Tax | $804 | 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 | THE DISCOVERY FOUNDATION | IndividualWithBooksNm |
| Phone | 2142737352 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4514 COLE AVENUE 600 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75205 | 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 | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| DR DAVID WINTER | ||||||||
| 4514 COLE AVENUE 600 | DALLAS | TX | 75205 | PRESIDENT/CEO/CHAIRMAN/DIR | 5.00 | $0 | $0 | $0 |
| ISABELLE MORO | ||||||||
| 4514 COLE AVENUE 600 | DALLAS | TX | 75205 | SECRETARY | 40.00 | $37,930 | $0 | $0 |
| CLINT JOSEY | ||||||||
| 4514 COLE AVENUE 600 | DALLAS | TX | 75205 | VICE PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| DR PAUL NEUBACH | ||||||||
| 4514 COLE AVENUE 600 | DALLAS | TX | 75205 | VICE PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| DR AMY ANDERSON | ||||||||
| 4514 COLE AVENUE 600 | DALLAS | TX | 75205 | TREASURER/DIRECTOR | 1.00 | $0 | $0 | $0 |
| DR CRISTIE COLUMBUS | ||||||||
| 4514 COLE AVENUE 600 | DALLAS | TX | 75205 | VICE PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| TAMMY PATTERSON | ||||||||
| 4514 COLE AVENUE 600 | DALLAS | TX | 75205 | CHIEF OPERATING OFFICER | 40.00 | $46,667 | $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 | $12,762,463 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $425,337 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $995,828 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,183,628 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $14,183,628 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $212,754 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $13,970,874 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $698,544 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $698,544 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,616 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,616 | TotalTaxAmt |
| Distributable Before Adj | $692,928 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $13,988 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $706,916 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $706,916 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $704,733 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $704,733 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $704,733 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $706,916 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $566,281 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $704,733 | QualifyingDistributionsAmt |
| Applied To Year1 | $566,281 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $138,452 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $568,464 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVENUE SUITE 6P | SHERMAN | TX | 75090 | N/A | PUBLIC CHARITY | FUNDING | $28,859 |
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVENUE SUITE 6P | SHERMAN | TX | 75090 | N/A | PUBLIC CHARITY | FUNDING | $25,064 |
| BAYLOR HEALTH CARE SYSTEM FOUNDATION | |||||||
| 3600 GASTON AVENUE SUITE 100 | DALLAS | TX | 75246 | N/A | PUBLIC CHARITY | FUNDING | $54,205 |
| BAYLOR UNIVERSITY | |||||||
| 1 BEAR PL UNIT 97026 | WACO | TX | 76798 | N/A | PUBLIC CHARITY | FUNDING | $27,000 |
| NEW FRIENDS NEW LIFE | |||||||
| PO BOX 192378 | DALLAS | TX | 75219 | N/A | PUBLIC CHARITY | FUNDING | $60,000 |
| THE FAMILY PLACE | |||||||
| PO BOX 7999 | DALLAS | TX | 75209 | N/A | PUBLIC CHARITY | FUNDING | $25,000 |
| THE UNIVERSITY OF TEXAS MEDICAL BRANCH | |||||||
| 301 UNIVERSITY BLVD RS 5604A | GALVESTON | TX | 77555 | N/A | PUBLIC CHARITY | FUNDING | $50,000 |
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVENUE SUITE 6P | SHERMAN | TX | 75090 | N/A | PUBLIC CHARITY | FUNDING | $31,968 |
| NORTH DALLAS SHARED MINISTRIES | |||||||
| 2875 MERRELL RD | DALLAS | TX | 75229 | N/A | PUBLIC CHARITY | FUNDING | $20,000 |
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVENUE SUITE 6P | SHERMAN | TX | 75090 | N/A | PUBLIC CHARITY | FUNDING | $30,753 |
| BAYLOR HEALTH CARE SYSTEM FOUNDATION | |||||||
| 3600 GASTON AVENUE SUITE 100 | DALLAS | TX | 75246 | N/A | PUBLIC CHARITY | FUNDING | $50,000 |
| THE LIFESAVERS FOUNDATION | |||||||
| 561 W CAMPBELL ROAD SUITE 101 | RICHARDSON | TX | 75080 | N/A | PUBLIC CHARITY | FUNDING | $35,000 |
| IRVING HEALTHCARE FOUNDATION | |||||||
| 1901 N MACARTHUR BLVD | IRVING | TX | 75061 | N/A | PUBLIC CHARITY | FUNDING | $103,000 |
| MARY CROWLEY CANCER RESEARCH CENTERS | |||||||
| 7777 FOREST LN 707 BUILDING C | DALLAS | TX | 75230 | N/A | PUBLIC CHARITY | FUNDING | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $590,849 | 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 | $171,398 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $269,973 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (6 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| ROYALTY INCOME | 15 | $107,948 |
| SULPHUR RIVER EXPLORATION | 14 | -$275 |
| PEAKS AND VALLEYS | 14 | $627 |
| PEAKS AND VALLEYS | 14 | $9,155 |
| LEASE DEPOSIT REFUND | 14 | $579 |
| STATE OF COLORADO REFUND | 14 | $299 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $559,704 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $559,704 | TotalIncomeProducingActyAmt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $6,845 | Amt |
| Net Investment Income | $3,423 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,423 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| TOSHIBA 85965B SATELLITE NOTEBOOK | 2009-10-13 | $563 | $281 | 200DB | 5.000000000000 | $0 | $0 |
| FUJITSU SCANSNAP 81500M SCANNER | 2009-12-14 | $405 | $202 | 200DB | 5.000000000000 | $0 | $0 |
| EXTERNAL DRIVE AND USB CABLES | 2010-10-01 | $306 | $306 | 200DB | 5.000000000000 | $0 | $0 |
| OFFICE CHAIR | 2011-01-03 | $91 | $91 | 200DB | 7.000000000000 | $0 | $0 |
| SURGE PROTECTOR | 2011-10-04 | $105 | $105 | 200DB | 5.000000000000 | $0 | $0 |
| DELL LATITUDE E6530 | 2013-01-07 | $1,555 | $1,555 | 200DB | 5.000000000000 | $0 | $0 |
| DELL LATITUDE 3550 | 2015-10-13 | $939 | $849 | 200DB | 5.000000000000 | $90 | $0 |
| APPLE LAPTOP | 2020-07-20 | $2,196 | 200DB | 5.000000000000 | $439 | $0 | |
| DELL LATITUDE 5510 | 2020-08-20 | $2,115 | 200DB | 5.000000000000 | $423 | $0 | |
| HP LAPTOP | 2020-10-06 | $1,138 | 200DB | 5.000000000000 | $228 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SECURITIES - CHARLES SCHWAB | StockNm |
| EOY Book Value | $7,673,595 | EOYBookValueAmt |
| EOYFMV | $13,915,030 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MINERAL INTERESTS | AT COST | $378,713 | $378,713 |
| PARTNERSHIP INTEREST - PEAKS & VALLEYS, LLC | AT COST | $78,935 | $78,935 |
| PARTNERSHIP INTEREST - SULPHUR RIVER PARTNERSHIP | AT COST | $846 | $846 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| TOSHIBA 85965B SATELLITE NOTEBOOK | $563 | $563 | $0 | $0 |
| FUJITSU SCANSNAP 81500M SCANNER | $405 | $405 | $0 | $0 |
| EXTERNAL DRIVE AND USB CABLES | $306 | $306 | $0 | $0 |
| OFFICE CHAIR | $91 | $91 | $0 | $0 |
| SURGE PROTECTOR | $105 | $105 | $0 | $0 |
| DELL LATITUDE E6530 | $1,555 | $1,555 | $0 | $0 |
| DELL LATITUDE 3550 | $939 | $939 | $0 | $0 |
| APPLE LAPTOP | $2,196 | $439 | $1,757 | $1,757 |
| DELL LATITUDE 5510 | $2,115 | $423 | $1,692 | $1,692 |
| HP LAPTOP | $1,138 | $228 | $910 | $910 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $3,890 | LegalFeesAmt |
| Net Investment Income | $1,945 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,945 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $2,865 | $0 | $2,865 |
| OFFICE SUPPLIES | $273 | $0 | $273 |
| ROYALTY DEDUCTIONS | $158 | $158 | $0 |
| PARKING | $845 | $0 | $845 |
| PAYROLL CONTRACTOR | $610 | $0 | $610 |
| DUES & SUBSCRIPTIONS | $1,310 | $0 | $1,310 |
| OFFICE EXPENSE | $2,451 | $0 | $2,451 |
| POSTAGE AND DELIVERY | $192 | $0 | $192 |
| TECHNOLOGY | $1,026 | $0 | $1,026 |
| PAYROLL REIMBURSEMENT | $3,184 | $0 | $3,184 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ROYALTY INCOME | $107,948 | $107,948 | $107,948 |
| SULPHUR RIVER EXPLORATION | -$275 | -$275 | -$275 |
| PEAKS AND VALLEYS | $627 | $627 | $627 |
| PEAKS AND VALLEYS | $9,155 | $9,155 | $9,155 |
| LEASE DEPOSIT REFUND | $579 | $579 | |
| STATE OF COLORADO REFUND | $299 | $299 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RECOVERY OF QUALIFYING DISTRIBUTION FROM PRIOR TAXABLE YEARS | Desc |
| Amt | $13,988 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL TAX LIABILITY | Desc |
| BOY Book Value | $972 | BOYBookValueAmt |
| EOY Book Value | $3,294 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING FEES | $1,760 | $880 | $880 |
| BROKERAGE FEE | $66,047 | $66,047 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PRODUCTION TAXES | $5,000 | $5,000 | $0 |
| PROPERTY TAXES | $630 | $630 | $0 |
| PAYROLL TAXES | $6,472 | $3,236 | $3,236 |
| INCOME TAXES | $10,973 | $0 | $0 |