THE LEDBETTER FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE LEDBETTER FAMILY FOUNDATION (EIN 46-3406022)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202143199349107774
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T16:02:13-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134008324 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2121 N PEARL STREET SUITE 2000 | 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 | 463406022 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LONNIE AND SAUNDRA LEDBETTER FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LONN | BusinessNameControlTxt |
| Phone | 8177139767 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3612 LAKE POWELL DRIVE | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76016 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LONNIE LEDBETTER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8177139767 | PhoneNum |
| Signature | 2021-11-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LONNIE | PersonFirstNm |
| Person Last | LEDBETTER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROB POPOVITCH | PreparerPersonNm |
| PTIN | P01612249 | PTIN |
| Phone | 2149991400 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $7,319,197 | 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 | $142,058 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $142,058 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$72,252 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,311,496 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $69,806 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $142,058 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $750 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $375 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $375 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,126 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,900 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,226 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $5,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $23,837 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19,070 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,767 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $35,713 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $24,345 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,368 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $413,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $413,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $448,713 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $24,345 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $419,368 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$378,907 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $117,713 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $327,387 | CashBOYAmt |
| Cash EOY | $309,044 | CashEOYAmt |
| Cash EOYFMV | $309,044 | CashEOYFMVAmt |
| Corporate Stock BOY | $5,154,856 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,255,110 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,255,110 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,380,304 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $607,429 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $607,429 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $528,552 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,147,614 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,147,614 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $7,391,099 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,319,197 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,319,197 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | 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 | $7,391,099 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,319,197 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,391,099 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,319,197 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,391,099 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,319,197 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,391,099 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$378,907 | ExcessRevenueOverExpensesAmt |
| Other Increases | $307,005 | OtherIncreasesAmt |
| Subtotal | $7,319,197 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,319,197 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (20 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| CAPITAL GAINS DISTRIBUTION | P | 2018-01-01 | 2020-12-31 | $24,737 | $24,737 | $24,737 | |
| ASPIRIANT DEFENSIVE ALLOCATION FUND | P | 2018-01-01 | 2020-12-31 | $429,637 | -$44,967 | -$44,967 | $474,604 |
| ASPIRIANT RISK-MANAGED GLOBAL EQUITY FUND ADVISOR SHARES | P | 2020-02-01 | 2020-12-31 | $133,405 | -$8,595 | -$8,595 | $142,000 |
| ASPIRIANT RISK-MANAGED GLOBAL EQUITY FUND ADVISOR SHARES | P | 2018-01-01 | 2020-12-31 | $450,285 | $48,470 | $48,470 | $401,815 |
| ASPIRIANT RISK-MANAGED TAXABLE BOND FUND | P | 2020-02-01 | 2020-12-31 | $140,563 | -$1,255 | -$1,255 | $141,818 |
| ASPIRIANT RISK-MANAGED TAXABLE BOND FUND | P | 2018-01-01 | 2020-12-31 | $796,082 | $46,850 | $46,850 | $749,232 |
| DFA EMERGING MARKETS CORE EQUITY PORTFOLIO INSTITUTIONAL CLASS | P | 2018-01-01 | 2020-12-31 | $329,735 | -$38,736 | -$38,736 | $368,471 |
| DFA EMERGING MARKETS VALUE PORTFOLIO | P | 2018-01-01 | 2020-12-31 | $251,968 | -$89,561 | -$89,561 | $341,529 |
| DFA INTERNATIONAL CORE EQUITY PORTFOLIO | P | 2020-02-01 | 2020-12-31 | $74,368 | $7,075 | $7,075 | $67,293 |
| DFA INTERNATIONAL CORE EQUITY PORTFOLIO | P | 2018-01-01 | 2020-12-31 | $581,434 | -$133,639 | -$133,639 | $715,073 |
| IQ HEDGE MULTI-STRATEGY TRACKER ETF | P | 2020-02-01 | 2020-12-31 | $154,759 | $4,847 | $4,847 | $149,912 |
| ISHARES CORE MSCI EMERGING MARKETS ETF | P | 2020-02-01 | 2020-12-31 | $292,079 | $37,625 | $37,625 | $254,454 |
| ISHARES CORE S&P U.S. VALUE ETF | P | 2018-01-01 | 2020-12-31 | $178,250 | -$6,335 | -$6,335 | $184,585 |
| ISHARES MODERATE ALLOCATION FUND | P | 2020-02-01 | 2020-12-31 | $156,535 | $6,599 | $6,599 | $149,936 |
| ISHARES MSCI EAFE VALUE ETF | P | 2020-02-01 | 2020-12-31 | $602,264 | $50,353 | $50,353 | $551,911 |
| VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX | P | 2018-01-01 | 2020-12-31 | $48,554 | -$16,350 | -$16,350 | $64,904 |
| VANGUARD REAL ESTATE ETF | P | 2018-01-01 | 2020-12-31 | $60,382 | -$5,794 | -$5,794 | $66,176 |
| VANGUARD SMALL-CAP VALUE INDEX FUND | P | 2020-02-01 | 2020-12-31 | $21,101 | $3,383 | $3,383 | $17,718 |
| VANGUARD VALUE INDEX FUND | P | 2020-02-01 | 2020-12-31 | $294,258 | $14,591 | $14,591 | $279,667 |
| WISDOMTREE EMERGING MARKETS HIGH DIVIDEND FUND | P | 2020-02-01 | 2020-12-31 | $291,100 | $28,450 | $28,450 | $262,650 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$72,252 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $143,073 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,636 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,636 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,636 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,544 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $3,544 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,908 | OverpaymentAmt |
| Applied To ES Tax | $1,908 | 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 |
| 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 | LONNIE K LEDBETTER | IndividualWithBooksNm |
| Phone | 8177139767 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 171043 | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76003 | 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 |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| LONNIE K LEDBETTER | ||||||||
| 3612 LAKE POWELL DRIVE | ARLINGTON | TX | 76016 | PRESIDENT, DIRECTOR | 1.00 | $0 | $0 | $0 |
| SAUNDRA L LEDBETTER | ||||||||
| 3612 LAKE POWELL DRIVE | ARLINGTON | TX | 76016 | SECRETARY, DIRECTOR | 1.00 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $6,682,413 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $231,036 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,913,449 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,913,449 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $103,702 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,809,747 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $340,487 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $340,487 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,636 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,636 | TotalTaxAmt |
| Distributable Before Adj | $338,851 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $338,851 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $338,851 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $419,368 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $419,368 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $419,368 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $338,851 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $802,178 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $420,153 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $1,222,331 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $419,368 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $338,851 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $80,517 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,302,848 | 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 | $1,302,848 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $802,178 | ExcessFromYear3Amt |
| Excess From Year2 | $420,153 | ExcessFromYear2Amt |
| Excess From Current Year | $80,517 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | LONNIE K LEDBETTER | ContributingManagerNm |
| Contributing Manager | SAUNDRA L LEDBETTER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| APPALOOSA HORSE CLUB | ||||||
| 2720 WEST PULLMAN ROAD | MOSCOW | ID | 83843 | PC | FOR FURTHUR CHARITABLE PURPOSE | $2,000 |
| BLUEBONNET EQUINE HUMANE SOCIETY | ||||||
| PO BOX 632 | COLLEGE STATION | TX | 77841 | NC | TO IMPROVE THE LIVES OF EQUINES BY EDUCATING AND HELPING OWNERS, ASSISTING LAW ENFORCEMENT AGENCIES, REHABILITATING ABUSED AND NEGLECTED EQUINES, AND PLACING THEM INTO SAFE HOMES. | $3,000 |
| FIRST BAPTIST CHURCH | ||||||
| 305 EAST THIRD STREET | LANCASTER | TX | 75146 | PC | TO PROVIDE A WORSHIP EXPERIENCE THAT ALLOWS VISITORS AND MEMBERS TO HAVE AN EXCITING EXPERIENCE WITH THE HOLY SPIRIT. | $12,000 |
| FIRST LIBERTY | ||||||
| 2001 W PLANO PARKWAY SUITE 1600 | PLANO | TX | 75075 | PC | FIRST LIBERTY ARE ATTORNEYS THAT DEFEND VICTIMS OF RELIGIOUS DISCRIMINATION. | $1,000 |
| GLADNEY CENTER FOR ADOPTION | ||||||
| 6300 JOHN RYAN DRIVE | FORT WORTH | TX | 76132 | PC | PROVIDES ADOPTION AND ADVOCACY SERVICES FOR ORPHANS | $50,000 |
| SCOTTISH RITE HOSPITAL | ||||||
| 2222 WELBORN STREET | DALLAS | TX | 75219 | PC | TO HELP IMPROVE THE LIVES OF CHILDREN BY PROVIDING QUALITY CARE FOR ORTHOPEDIC AND RELATED NEURODEVELOPMENTAL AND MUSCULOSKELETAL CONDITIONS AS WELL AS SPECIFIC LEARNING DISORDERS | $34,000 |
| THE APPALOOSA HALTER FUTURITY | ||||||
| 19833 CULLEN RIDGE DR PORTER | TEXAS | TX | 77365 | PC | FOR FURTHUR CHARITABLE PURPOSE | $10,000 |
| GLOBAL ORPHAN PROJECT INC | ||||||
| 3161 WYANDOTTE STREET | KANSAS | MO | 64111 | PC | FOR FURTHUR CHARITABLE PURPOSE | $200,000 |
| PATIENT ACCESS NETWORK FOUNDATION | ||||||
| 805 15TH STREET NW NO 500 | WASHINGTON | DC | 20005 | PC | FOR FURTHUR CHARITABLE PURPOSE | $100,000 |
| LAMB & LION MINISTRIES INC | ||||||
| PO BOX 919 | MCKINNEY | TX | 75070 | PC | FOR FURTHUR CHARITABLE PURPOSE | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $413,000 | 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 | $142,058 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 41 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$72,252 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $69,806 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $69,806 | 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 | $6,126 | Amt |
| Net Investment Income | $4,900 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,226 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | BOND FUNDS | BondNm |
| EOY Book Value | $607,429 | EOYBookValueAmt |
| EOYFMV | $607,429 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITY FUNDS | StockNm |
| EOY Book Value | $5,255,110 | EOYBookValueAmt |
| EOYFMV | $5,255,110 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OTHER SECURITIES | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $1,147,614 | BookValueAmt |
| EOYFMV | $1,147,614 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Legal Fees | $750 | LegalFeesAmt |
| Net Investment Income | $375 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $375 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BUSINESS MANAGEMENT FEES | Desc |
| Revenue And Expenses Per Books | $23,837 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $19,070 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,767 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED GAIN/LOSS | Desc |
| Amt | $307,005 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL INCOME TAX | CategoryTxt |
| Amt | $5,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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