EJK FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
EJK FOUNDATION (EIN 83-4229407)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-07-20
IRS object ID
202012029349100601
Schema version
2019v5.0
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)
Return2020-07-20T09:46:28-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN475456402PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JAS CONSULTING LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13072 CLARENDALE DR NWAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30327ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN834229407EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EJK FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEJKFBusinessNameControlTxt
Phone7137155182PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13737 BUFFALO SPEEDWAYAddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77098ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCARLA KNOBLOCHPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone3077341908PhoneNum
Signature2020-07-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJULIE M WYRICKPreparerPersonNm
PTINP00190032PTIN
Phone4042594243PhoneNum
Preparation2020-07-19PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$28,800,892FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$582,531DividendsRevAndExpnssAmt
Dividends Net Invst Incm$582,531DividendsNetInvstIncmAmt
Dividends Adj Net Incm$582,531DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$2,095,254NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$9,769,437GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$2,095,254CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,677,785TotalRevAndExpnssAmt
Total Net Invst Incm$2,677,785TotalNetInvstIncmAmt
Total Adj Net Incm$582,531TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$23,122LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$23,122LegalFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$44,683OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$44,683OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$8,381TaxesRevAndExpnssAmt
Taxes Net Invst Incm$8,381TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$76,186TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$76,186TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$750,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$750,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$826,186TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$76,186TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$750,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,851,599ExcessRevenueOverExpensesAmt
Net Investment Income$2,601,599NetInvestmentIncomeAmt
Adjusted Net Income$582,531AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$231,296CashBOYAmt
Cash EOY$12,067,331CashEOYAmt
Cash EOYFMV$12,067,331CashEOYFMVAmt
Corporate Stock BOY$19,115,560CorporateStockBOYAmt
Corporate Stock EOY$10,288,018CorporateStockEOYAmt
Corporate Stock EOYFMV$16,733,561CorporateStockEOYFMVAmt
Total Assets BOY$19,346,856TotalAssetsBOYAmt
Total Assets EOY$22,355,349TotalAssetsEOYAmt
Total Assets EOYFMV$28,800,892TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$19,346,856CapitalStockBOYAmt
Capital Stock EOY$22,355,349CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$19,346,856TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$22,355,349TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$19,346,856TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$22,355,349TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$19,346,856TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,851,599ExcessRevenueOverExpensesAmt
Other Increases$1,261,894OtherIncreasesAmt
Subtotal$22,460,349SubtotalAmt
Other Decreases$105,000OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$22,355,349TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
HOUSTON TRUST - SEE ATTACHEDP$4,940,000$4,940,000
HOUSTON TRUST - SEE ATTACHEDP$4,108,667$2,717,200$1,391,467$1,391,467
HOUSTON TRUST - SEE ATTACHEDP$720,770$16,983$703,787$703,787
FieldValueIRS element (for citing)
Capital Gain Net Income$2,095,254CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Net Vl Noncharitable Assets Yr1$25,366,935NetVlNoncharitableAssetsYr1Amt
Net Vl Noncharitable Assets$26,245,090NetVlNoncharitableAssetsAmt
Net Investment Income Pct$26,016NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$26,016AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$750,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$26,016InvestmentIncomeExciseTaxAmt
Subtotal$26,016SubtotalAmt
Tax Based On Investment Income$26,016TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$60,518EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$60,518TotalPaymentsAndCreditsAmt
Overpayment$34,502OverpaymentAmt
Applied To ES Tax$34,502AppliedToESTaxAmt

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 EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1HOUSTON TRUST COMPANYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4043523182PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13737 BUFFALO SPEEDWAYAddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77098ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CARLA KNOBLOCH
3737 BUFFALO SPEEDWAYHOUSTONTX77098TRUSTEE1.00$0$0$0
STEVEN SHARKEY
3737 BUFFALO SPEEDWAYHOUSTONTX77098TRUSTEE1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$22,760,001AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,884,760AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$26,644,761TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$26,644,761AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$399,671CashDeemedCharitableAmt
Net Vl Noncharitable Assets$26,245,090NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,312,255MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,312,255MinimumInvestmentReturnAmt
Tax Based On Investment Income$26,016TaxBasedOnInvestmentIncomeAmt
Total Tax$26,016TotalTaxAmt
Distributable Before Adj$1,286,239DistributableBeforeAdjAmt
Distributable Before Ded$1,286,239DistributableBeforeDedAmt
Distributable As Adjusted$1,286,239DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$750,000ExpensesAndContributionsAmt
Qualifying Distributions$750,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$26,016PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$723,984AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,286,239DistributableAsAdjustedAmt
Undistributed Income PY$744,326UndistributedIncomePYAmt
Qualifying Distributions$750,000QualifyingDistributionsAmt
Applied To Year1$744,326AppliedToYear1Amt
Applied To Current Year$5,674AppliedToCurrentYearAmt
Undistributed Income CY$1,280,565UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY FOUNDATION OF JACKSON HOLBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1245 E SIMPSON AVEAddressLine1Txt
CityJACKSONCityNm
State AbbreviationWYStateAbbreviationCd
ZIP83001ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusN/ARecipientFoundationStatusTxt
Grant Or Contribution PurposeUNRESTRICTEDGrantOrContributionPurposeTxt
Amt$750,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$750,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$582,531ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$2,095,254ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,677,785ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,677,785TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
COMMON STOCKS
MUTUAL FUNDS
US TREASURIES
COWETA PARTNERS LLC$51,539$51,539
HOUSTON TRUST CO SECURITIES$10,236,479$16,682,022

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp (3 entries)

CategoryCategoryTxtLegal FeesLegalFeesAmtNet Investment IncomeNetInvestmentIncomeAmt
LONG REIMER WINEGAR LLP$9,185$9,185
K-1 EMILY J KNOBLOCH 12/26/11$13,087$13,087
OTHER LEGAL$850$850

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescTAX PAYMENTDesc
Amt$105,000Amt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
TAX REFUND$52,763
BASIS ADJUSTMENT ON SALE OF ASSETS$1,209,131

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
ELIZABETH GRAVES LOVE CONSULTING$25,000$25,000
HOUSTON TRUST CO$18,827$18,827
OTHER CONSULTING$856$856

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAXES PAID$7,900$7,900
K-1 EMILY J KNOBLOCH 12/26/11 TR$481$481

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