WILLIAM WRIGHT FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAM WRIGHT FAMILY FOUNDATION (EIN 75-2743584)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-06-12
- IRS object ID
- 202031649349100503
- Schema version
- 2019v5.1
- 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
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-06-12T09:03:18-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752841764 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WDW Management Services LC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 4517 | AddressLine1Txt |
| City | Wichita Falls | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 763080517 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752743584 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | William Wright Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 2148978220 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 4517 | AddressLine1Txt |
| City | Wichita Falls | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 763080517 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | W Dan Wright | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Phone | 2149878233 | PhoneNum |
| Signature | 2020-06-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Craig Lawrence | PreparerPersonNm |
| PTIN | P01060703 | PTIN |
| Phone | 2149878231 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $13,430,468 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $194 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $194 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $362,837 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $362,837 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $46,863 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,536,673 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $46,863 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $409,898 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $409,898 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $23,237 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $10,741 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Net Invst Incm | $27 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $23,237 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,768 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $700,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $700,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $723,237 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,768 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $700,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$313,339 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $399,130 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | -$2 | CashBOYAmt |
| Cash EOY | -$4 | CashEOYAmt |
| Cash EOYFMV | -$4 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $5,707,203 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,182,115 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,182,115 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,415,388 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,628,168 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,135,251 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $114,135 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $113,106 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $113,106 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $13,236,724 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,923,385 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,430,468 | 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 | $13,236,724 | RetainedEarningBOYAmt |
| Retained Earning EOY | $12,923,385 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,236,724 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,923,385 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,236,724 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,923,385 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,236,724 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$313,339 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $12,923,385 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,923,385 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (28 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF | P | 2016-04-01 | 2019-01-02 | $14,763 | $12,261 | $2,502 | $2,502 |
| SPDR S&P 500 ETF | P | 2016-12-02 | 2019-01-02 | $217,510 | $194,222 | $23,288 | $23,288 |
| Kontoor Brands Inc | P | 2016-07-12 | 2019-05-23 | $26 | $20 | $6 | $6 |
| Ishares MSCI Emerging Markets Index | P | 2017-02-01 | 2019-06-03 | $266,175 | $243,168 | $23,007 | $23,007 |
| Ishares MSCI Emerging Markets Index | P | 2019-02-01 | 2019-06-03 | $7,715 | $8,043 | -$328 | -$328 |
| IShares Russell 2000 Index | P | 2016-05-02 | 2019-06-03 | $26,596 | $20,541 | $6,055 | $6,055 |
| IShares Russell 2000 Index | P | 2016-12-02 | 2019-06-03 | $72,482 | $64,955 | $7,527 | $7,527 |
| IShares Russell 2000 Index | P | 2017-07-03 | 2019-06-03 | $14,613 | $14,139 | $474 | $474 |
| IShares Russell 2000 Index | P | 2018-05-01 | 2019-06-03 | $92,649 | $97,020 | -$4,371 | -$4,371 |
| IShares Russell 2000 Index | P | 2019-03-01 | 2019-06-03 | $4,969 | $5,371 | -$402 | -$402 |
| SPDR S&P 500 ETF | P | 2016-12-02 | 2019-07-05 | $22,899 | $16,917 | $5,982 | $5,982 |
| Ishares MSCI EAFE Index Fund | P | 2017-02-01 | 2019-08-01 | $127,707 | $118,884 | $8,823 | $8,823 |
| Ishares MSCI Emerging Markets Index | P | 2019-02-01 | 2019-08-01 | $143,089 | $146,524 | -$3,435 | -$3,435 |
| IShares Russell 2000 Index | P | 2019-03-01 | 2019-09-03 | $108,666 | $116,428 | -$7,762 | -$7,762 |
| IShares Russell 2000 Index | P | 2019-05-01 | 2019-09-03 | $116,776 | $125,671 | -$8,895 | -$8,895 |
| IShares Russell 2000 Index | P | 2019-07-05 | 2019-09-03 | $20,937 | $22,081 | -$1,144 | -$1,144 |
| Ishares MSCI Emerging Markets Index | P | 2019-02-01 | 2019-09-03 | $159,031 | $171,251 | -$12,220 | -$12,220 |
| Ishares MSCI Emerging Markets Index | P | 2019-03-01 | 2019-09-03 | $9,495 | $10,232 | -$737 | -$737 |
| Ishares MSCI Emerging Markets Index | P | 2019-07-05 | 2019-09-03 | $8,581 | $9,271 | -$690 | -$690 |
| Oaktree Capital Group LLC | P | 2016-07-12 | 2019-10-02 | $11,026 | $10,144 | $882 | $882 |
| Brookfield Asset Management Inc Class A | P | 2016-07-12 | 2019-10-02 | $18 | $19 | -$1 | -$1 |
| Vanguard Total Bond Market ETF | P | 2014-02-03 | 2019-11-01 | $8,428 | $8,112 | $316 | $316 |
| Vanguard Total Bond Market ETF | P | 2014-02-03 | 2019-11-01 | $77,539 | $74,631 | $2,908 | $2,908 |
| Oaktree Capital Group LLC | $79 | $79 | |||||
| Oaktree Capital Group LLC | $14 | $14 | |||||
| Oaktree Capital - Contracts and Straddles | $1 | $1 | |||||
| Oaktree Capital - Contracts and Straddles | $1 | $1 | |||||
| Capital Gains Dividends | P | $4,983 | $4,983 | $4,983 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $46,863 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $600,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,179,524 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.049263 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $686,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $12,123,425 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.056585 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $630,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,397,167 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.055277 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $660,931 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $4,966,431 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.133080 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $402,447 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $5,475,838 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.073495 | DistributionYr5Rt |
| Total Distribution | 0.367700 | TotalDistributionRt |
| Average Distribution | 0.073540 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $12,341,891 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $907,623 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,991 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $911,614 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $700,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,983 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,983 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,983 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $12,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,017 | OverpaymentAmt |
| Applied To ES Tax | $4,017 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | William D Wright | IndividualWithBooksNm |
| Phone | 2149878220 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 4517 | AddressLine1Txt |
| City | Wichita Falls | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 763080517 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| William Dan Wright | ||||||||
| PO Box 4517 | Wichita Falls | TX | 763080517 | President/Director | 0.00 | $0 | $0 | $0 |
| Betty Duane Bolton | ||||||||
| PO Box 4517 | Wichita Falls | TX | 763080517 | Vice President/Director | 0.00 | $0 | $0 | $0 |
| Patricia Wright | ||||||||
| PO Box 4517 | Wichita Falls | TX | 763080517 | Secretary/Treasurer | 0.00 | $0 | $0 | $0 |
| Sarah Lowry | ||||||||
| PO Box 4517 | Wichita Falls | TX | 763080517 | Director | 0.00 | $0 | $0 | $0 |
| James Bolton | ||||||||
| PO Box 4517 | Wichita Falls | TX | 763080517 | Director | 0.00 | $0 | $0 | $0 |
| William Austen Wright | ||||||||
| PO Box 4517 | Wichita Falls | TX | 763080517 | Director | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $8,427,250 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,102,589 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,529,839 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,529,839 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $187,948 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,341,891 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $617,095 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $617,095 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,983 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,983 | TotalTaxAmt |
| Distributable Before Adj | $609,112 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $609,112 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $609,112 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $700,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $700,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $700,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $609,112 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $133,761 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $420,747 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $63,084 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $83,972 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $6,786 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $708,350 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $700,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $609,112 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $90,888 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $799,238 | 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 | $133,761 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $665,477 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $420,747 | ExcessFromYear4Amt |
| Excess From Year3 | $63,084 | ExcessFromYear3Amt |
| Excess From Year2 | $83,972 | ExcessFromYear2Amt |
| Excess From Year1 | $6,786 | ExcessFromYear1Amt |
| Excess From Current Year | $90,888 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | William Dan Wright | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Adaptive Sports Center | ||||||
| PO Box 1639 | Crested Butte | CO | 81224 | Public | For continuance of mission | $300,000 |
| Boys & Girls Club of Vernon Inc | ||||||
| PO Box 1785 | Vernon | TX | 76385 | Public | Charitable | $50,000 |
| Education Opens Doors | ||||||
| PO Box 601971 | Dallas | TX | 75360 | Public | For continuance of mission | $50,000 |
| United Mitochondrial Disease Foundation | ||||||
| 8085 Saltsburg Road | Pittsburg | PA | 15239 | Public | For continuation of research | $200,000 |
| Red River Valley Museum | ||||||
| PO Box 2004 | Vernon | TX | 76385 | Public | Memo Bond Redesign Project | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $700,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $194 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $362,837 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $46,863 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Portfolio Income - Oaktree Capital | Desc |
| Exclusion | 14 | ExclusionCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $409,898 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $409,898 | 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 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Additional Detail | IdentifierTxt |
| Form And Line Reference | Form 990-PF, Park VII-B, Line 1a. (3) | FormAndLineReferenceDesc |
| Medium Explanation | William Dan Wright, Director and Founder of the William Wright Family Foundation owns WDW Management Services, LC which furnishes partial use of office space to the William Wright Family Foundation in order to operate its grant-making and investment management activities. The use of the facilities are provided free of charge. This activity is not an act of self-dealing as codified in Section 4941 (D)(2)(C). | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (44 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Ishares Trust ETF JP Morgan USD Emerging | $547,664 | $558,595 |
| SPDR S&P 500 ETF | $1,335,162 | $1,557,802 |
| Ishares MSCI Emerging Markets Index | $600,107 | $626,565 |
| Ishares MSCI EAFE Index Fund | $579,056 | $606,281 |
| SPDR Dow Jones International Real Estate | $215,607 | $215,634 |
| Ishares Russell 2000 Index | $436,652 | $463,876 |
| Vanguard Total Bond Market ETF | $996,474 | $1,030,220 |
| Vanguard REIT Index | $293,508 | $338,591 |
| Calamos Convertible Bond Fund | $185,198 | $217,250 |
| SPDR Citi Intl Govt Inflation Protected Bond Fund | $558,182 | $569,366 |
| Schlumberger LTD | $10,139 | $5,146 |
| Alphabet Inc. Class A | $10,256 | $18,751 |
| Alphabet Inc. Class C | $19,879 | $22,729 |
| Amgen Inc. | $35,068 | $54,241 |
| Apple Inc. | $29,902 | $63,135 |
| Berkshire Hathaway Inc. Class B | $30,147 | $36,920 |
| Boeing Co. | $29,947 | $43,978 |
| Caterpillar Inc. | $30,122 | $36,329 |
| Chevron Corporation | $10,107 | $11,448 |
| Coca Cola | $9,951 | $12,122 |
| Colgate - Palmolive | $9,953 | $9,224 |
| CVS | $34,919 | $35,139 |
| Deere & Company | $29,897 | $41,756 |
| FedEx Corp | $29,816 | $20,564 |
| IBM | $9,993 | $8,578 |
| Lowes Companies | $9,982 | $14,371 |
| Mastercard Inc. | $29,889 | $68,974 |
| Merck & Co., Inc. | $9,905 | $15,189 |
| Microsoft | $30,034 | $64,184 |
| Pfizer Inc. | $9,986 | $10,814 |
| Procter & Gamble Co. | $9,926 | $14,488 |
| Starbucks Corp | $10,031 | $15,562 |
| The Walt Disney Company | $35,062 | $53,079 |
| Union Pacific | $29,966 | $45,198 |
| United Technologies | $29,951 | $36,392 |
| Wal-Mart Stores Inc. | $29,970 | $38,504 |
| Wells Fargo & Company | $30,084 | $27,868 |
| Eaton Corp | $27,316 | $37,414 |
| Kontoor Brands | $3,368 | $5,291 |
| VF Corporation | $51,656 | $88,398 |
| Ishares Core MSCI Emerging Markets | $1,300,142 | $1,139,712 |
| Ishares Core MSCE EAFE ETF | $899,820 | $836,051 |
| Brookfield Asset Management Inc. Class A | $3,490 | $3,815 |
| Ishares Iboxx High Yield Corp Bond Fund ETF | $999,884 | $1,015,707 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Accrued Dividends | AT COST | $13,106 | $13,106 |
| Retrotope, Inc. | AT COST | $100,000 | $100,000 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Oaktree Capital - Other Portfolio Income | Desc |
| Revenue And Expenses Per Books | $4 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $4 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Foreign Tax Paid | $10,741 | $10,741 | $0 |
| Income Tax Expense | $12,496 | $0 | $0 |
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