THE GRAGG FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE GRAGG FOUNDATION (EIN 02-0762912)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-15
- IRS object ID
- 202001979349101115
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-15T07:03:55-07:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Frank Campos & Associates PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 N Mallard St | AddressLine1Txt |
| City | Palestine | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75801 | 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 | 020762912 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GRAGG FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GRAG | BusinessNameControlTxt |
| Phone | 9037292197 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 678 | AddressLine1Txt |
| City | PALESTINE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 758020678 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JACQUELYN GRAGG | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9037292197 | PhoneNum |
| Signature | 2020-06-22 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Frank Campos | PreparerPersonNm |
| PTIN | P00168167 | PTIN |
| Phone | 9037231040 | PhoneNum |
| Preparation | 2020-07-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 71.221.244.102 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-07-15 | IPDt |
| IP Tm | 07:03:42 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | CB1BED67769EA8554F679DCDDD14627F9F09C0BD | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5F20ACE39741706DBFA1FA73FB832BED48600F70 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,640,377 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $125,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $3,686 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,686 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $129,360 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $129,360 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $33,745 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $258,046 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $166,791 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $685 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $685 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $1,743 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $293 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $0 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $2,428 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $293 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $685 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $161,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $161,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $163,428 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $293 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $161,685 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $94,618 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $166,498 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $259,767 | CashBOYAmt |
| Cash EOY | $43,042 | CashEOYAmt |
| Cash EOYFMV | $43,042 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $100,000 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $100,000 | SavAndTempCashInvstEOYFMVAmt |
| Pledges Rcvbl | $125,000 | PledgesRcvblAmt |
| Pledges Rcvbl EOY | $125,000 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $125,000 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $2,878,492 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,039,454 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,362,040 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $50,874 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $10,004 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $10,245 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $55 | OtherAssetsBOYAmt |
| Other Assets EOY | $50 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $50 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $3,189,188 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,317,550 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,640,377 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $3,189,188 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,317,550 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,189,188 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,317,550 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,189,188 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,317,550 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,189,188 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $94,618 | ExcessRevenueOverExpensesAmt |
| Other Increases | $33,744 | OtherIncreasesAmt |
| Subtotal | $3,317,550 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,317,550 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WELLS FARGO BANK NA CD SIOUX FALLS SD | P | 2019-07-24 | 2019-11-04 | $200,000 | $0 | $200,000 | $0 | $0 | $0 | $0 | $0 |
| BOEING CAPITAL CORP SENIOR NOTES | P | 2010-02-03 | 2019-10-28 | $20,000 | $0 | $20,315 | -$315 | $0 | $0 | $0 | -$315 |
| LUBBOCK TX SER B BUILD AMER BDS DIRECT PMT | P | 2011-04-06 | 2019-02-15 | $10,000 | $0 | $10,268 | -$268 | $0 | $0 | $0 | -$268 |
| NORTH TX MUN DIST WTR SYS REV BUILD AMER BDS | P | 2011-04-04 | 2019-09-04 | $10,000 | $0 | $10,288 | -$288 | $0 | $0 | $0 | -$288 |
| $34,616 | $0 | $0 | $34,616 | $0 | $0 | $0 | $34,616 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $33,745 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $154,358 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $3,254,293 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047432 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $141,100 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,154,030 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.044736 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $140,025 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,840,509 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049296 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $139,702 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,852,609 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.048973 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $118,502 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,578,848 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.045952 | DistributionYr5Rt |
| Total Distribution | 0.236389 | TotalDistributionRt |
| Average Distribution | 0.047278 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,399,424 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $160,718 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,665 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $162,383 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $161,685 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,330 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,330 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,330 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,006 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $2,006 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $2,006 | OriginalReturnTaxPaidAmt |
| Tax Due | $1,324 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JACQUELYN GRAGG | IndividualWithBooksNm |
| Phone | 9037292197 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 678 | AddressLine1Txt |
| City | PALESTINE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 758020678 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | Yes (true) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2012 | UndistributedIncomePY1Yr |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| JACUELYN GRAGG | ||||||||
| PO BOX 678 | PALESTINE | TX | 75802 | PRES/DIR | 1.00 | $0 | $0 | $0 |
| CODY D BRISTOW | ||||||||
| PO BOX 678 | PALESTINE | TX | 75802 | DIR/SEC | 1.00 | $0 | $0 | $0 |
| MICHAEL L GRAHAM | ||||||||
| PO BOX 678 | PALESTINE | TX | 75802 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| FRANK CAMPOS | ||||||||
| PO BOX 2918 | PALESTINE | TX | 75802 | TREAS/DIR | 1.00 | $0 | $0 | $0 |
| MICHAEL BENNETT | ||||||||
| PO BOX 678 | PALESTINE | TX | 75802 | DIR | 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) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $191,163 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,260,029 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,451,192 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $3,451,192 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $51,768 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,399,424 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $169,971 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $169,971 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,330 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,330 | TotalTaxAmt |
| Distributable Before Adj | $166,641 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $166,641 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $166,641 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $161,685 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $161,685 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $161,685 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $166,641 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $158,686 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $161,685 | QualifyingDistributionsAmt |
| Applied To Year1 | $158,686 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,999 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $163,642 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JACQUELYN GRAGG | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| LA POYNER HIGH SCHOOL | ||||||
| 13155 HIGHWAY 175 EAST | LARUE | TX | 75770 | NC | SCHOLARSHIPS | $10,000 |
| OAKWOOD HIGH SCHOOL | ||||||
| 631 N HOLLY STREET | OAKWOOD | TX | 75855 | NC | SCHOLARSHIPS | $10,000 |
| WESTWOOD HIGH SCHOOL | ||||||
| 1820 PANTHER BLVD | PALESTINE | TX | 75803 | NC | SCHOLARSHIPS | $10,000 |
| CAYUGA HIGH SCHOOL | ||||||
| PO BOX 427 | CAYUGA | TX | 75832 | NC | SCHOLARSHIPS | $10,000 |
| NECHES HIGH SCHOOL | ||||||
| PO BOX 310 | NECHES | TX | 75779 | NC | SCHOLARSHIPS | $10,000 |
| ELKHART HIGH SCHOOL | ||||||
| 301 EAST PARKER STREET | ELKHART | TX | 75839 | NC | SCHOLARSHIPS | $10,000 |
| PALESTINE LIBRARY FRIENDS INC | ||||||
| 2000 S LOOP 256 | PALESTINE | TX | 75801 | NC | SCHOLARSHIPS | $4,000 |
| MUSEUM FOR EAST TEXAS CULTURE | ||||||
| 400 MICHEAUX | PALESTINE | TX | 75801 | NC | SCHOLARSHIPS | $4,500 |
| ANDERSON COUNTY HUMANE SOCIETY | ||||||
| PO BOX 63 | PALESTINE | TX | 75802 | NC | GENERAL & UNRESTRICTED | $3,000 |
| MEALS ON WHEELS OF PALESTINE INC | ||||||
| PO BOX 1365 | PALESTINE | TX | 75802 | NC | GENERAL & UNRESTRICTED | $8,500 |
| CHEROKEE COUNTY CRISIS CENTER INC | ||||||
| 700 EAST CHEROKEE | JACKSONVILLE | TX | 75766 | NC | GENERAL & UNRESTRICTED | $7,000 |
| PALESTINE COMMUNITY THEATRE INC | ||||||
| 1917 CROCKETT RD | PALESTINE | TX | 75801 | NC | GENERAL & UNRESTRICTED | $6,000 |
| PALESTINE COMMUNITY FOOD PANTRY | ||||||
| 1434 COURT DRIVE | PALESTINE | TX | 75803 | NC | GENERAL & UNRESTRICTED | $5,000 |
| ST VINCENT DE PAUL SOCIETY | ||||||
| 503 N QUEEN STREET | PALESTINE | TX | 75801 | NC | GENERAL & UNRESTRICTED | $15,000 |
| YMCA OF PALESTINE | ||||||
| 5500 N LOOP 256 | PALESTINE | TX | 75801 | NC | GENERAL & UNRESTRICTED | $5,000 |
| PALESTINE HIGH SCHOOL | ||||||
| 1600 S LOOP 256 | PALESTINE | TX | 75801 | NC | GENERAL & UNRESTRICTED | $10,000 |
| LIVING ALTERNATIVES OF PALESTINE | ||||||
| PO BOX 2656 | PALESTINE | TX | 75802 | NC | GENERAL & UNRESTRICTED | $8,000 |
| THE STOCKPOT OF PALESTINE INC | ||||||
| 401 AVENUE A | PALESTINE | TX | 75801 | NC | GENERAL & UNRESTRICTED | $8,000 |
| PALESTINE JUNIOR SERVICE LEAGUE | ||||||
| PO BOX 1423 | PALESTINE | TX | 75802 | NC | GENERAL & UNRESTRICTED | $7,000 |
| FRANKSTON HIGH SCHOOL | ||||||
| 100 PERRY STREET | FRANKSTON | TX | 75763 | NC | SCHOLARSHIP | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $161,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,686 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $129,360 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $133,046 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $133,046 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | JACQUELYN GRAGG | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 678 | AddressLine1Txt |
| City | PALESTINE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $125,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OFFICE EXPENSE | Desc |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| CAPITAL GAINS DISTRIBUTIONS | $34,616 |
| LTG LOSSES | -$870 |
| ROUNDING | -$2 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL EXCISE TAX | $1,450 | |
| FOREIGN TAXES | $293 | $293 |