BETA

PARTEN FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
PARTEN FOUNDATION (EIN 74-6043490)
Tax period
2019-04-01 to 2020-03-31
Filed
2020-10-22
IRS object ID
202003039349100625
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

FieldValueIRS element (for citing)
Return2020-10-22T03:35:00-00:00ReturnTs
Tax Period End2020-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1A Strong CPA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11790 Hughes Landing Blvd Ste 200AddressLine1Txt
CityThe WoodlandsCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77380ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN746043490EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Parten FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPARTBusinessNameControlTxt
Phone2818759100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 Highland Cross Drive Room 100AddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77073ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRobert PratkaPersonNm
Person TitleDirectorPersonTitleTxt
Signature2020-10-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJennifer Wertz CPAPreparerPersonNm
Phone2812881788PhoneNum
Preparation2020-10-22PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address98.200.192.247IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-10-29IPDt
IP Tm02:37:32IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id63533C24CD0557A697D13BD876F3DEAEFCA7FB0AAtSubmissionCreationDeviceId
At Submission Filing Device Id63533C24CD0557A697D13BD876F3DEAEFCA7FB0AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,422,574FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Interest On Sav Rev And Expnss$41InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$41InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$59,265DividendsRevAndExpnssAmt
Dividends Net Invst Incm$59,265DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$25OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$25OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$59,331TotalRevAndExpnssAmt
Total Net Invst Incm$59,331TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$7,600AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$7,600AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,132TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,132TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$25OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$25OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$8,757TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$8,757TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$53,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$53,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$61,757TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$8,757TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$53,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,426ExcessRevenueOverExpensesAmt
Net Investment Income$50,574NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$28,087CashBOYAmt
Cash EOY$3,439CashEOYAmt
Cash EOYFMV$3,439CashEOYFMVAmt
Sav And Temp Cash Invst BOY$18,638SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$14,809SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$18,638SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,072,275CorporateStockBOYAmt
Corporate Stock EOY$1,098,385CorporateStockEOYAmt
Corporate Stock EOYFMV$1,400,497CorporateStockEOYFMVAmt
Other Assets BOY$59OtherAssetsBOYAmt
Total Assets BOY$1,119,059TotalAssetsBOYAmt
Total Assets EOY$1,116,633TotalAssetsEOYAmt
Total Assets EOYFMV$1,422,574TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,119,059RetainedEarningBOYAmt
Retained Earning EOY$1,116,633RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,119,059TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,116,633TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,119,059TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,116,633TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,119,059TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,426ExcessRevenueOverExpensesAmt
Subtotal$1,116,633SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,116,633TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$105,963AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,895,390NetVlNoncharitableAssetsYr1Amt
Distribution Yr1000000.055906DistributionYr1Rt
Adjusted Qlfy Distri Yr2$36,996AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,891,913NetVlNoncharitableAssetsYr2Amt
Distribution Yr2000000.019555DistributionYr2Rt
Adjusted Qlfy Distri Yr3$35,500AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$2,148,251NetVlNoncharitableAssetsYr3Amt
Distribution Yr3000000.016525DistributionYr3Rt
Adjusted Qlfy Distri Yr4$33,500AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,750,205NetVlNoncharitableAssetsYr4Amt
Distribution Yr4000000.019141DistributionYr4Rt
Adjusted Qlfy Distri Yr5$34,500AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,978,885NetVlNoncharitableAssetsYr5Amt
Distribution Yr5000000.017434DistributionYr5Rt
Total Distribution000000.128561TotalDistributionRt
Average Distribution000000.025712AverageDistributionRt
Net Vl Noncharitable Assets$1,887,116NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$48,522AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$506NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$49,028AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$53,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$506InvestmentIncomeExciseTaxAmt
Subtotal$506SubtotalAmt
Tax Based On Investment Income$506TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$600ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$600TotalPaymentsAndCreditsAmt
Original Return Tax Paid$600OriginalReturnTaxPaidAmt
Overpayment$94OverpaymentAmt
Applied To ES Tax$94AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
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
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksMr Robert PratkaIndividualWithBooksNm
Phone2818759100PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1211 Highland Cross Ste 100AddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77073ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
John R Parten
211 Highland Cross Ste 100HoustonTX77073President/Director000.00$0
RF Pratka
211 Highland Cross Ste 100HoustonTX77073VP, Treasurer000.00$0
Vigirnia Cortinas
211 Highland Cross Ste 100HoustonTX77073Secretary000.00$0
John Austin Parten
211 Highland Cross Ste 100HoustonTX77073Director000.00$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,861,640AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$54,214AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,915,854TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,915,854AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$28,738CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,887,116NetVlNoncharitableAssetsAmt
Minimum Investment Return$94,356MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$94,356MinimumInvestmentReturnAmt
Tax Based On Investment Income$506TaxBasedOnInvestmentIncomeAmt
Total Tax$506TotalTaxAmt
Distributable Before Adj$93,850DistributableBeforeAdjAmt
Distributable Before Ded$93,850DistributableBeforeDedAmt
Distributable As Adjusted$93,850DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$53,000ExpensesAndContributionsAmt
Qualifying Distributions$53,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$506PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$52,494AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$93,850DistributableAsAdjustedAmt
Undistributed Income PY$44,325UndistributedIncomePYAmt
Qualifying Distributions$53,000QualifyingDistributionsAmt
Applied To Year1$44,325AppliedToYear1Amt
Applied To Current Year$8,675AppliedToCurrentYearAmt
Undistributed Income CY$85,175UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJohn R PartenContributingManagerNm
Shareholder ManagerNAShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ACLU Foundation of Texas
PO Box 8306HoustonTX77288N/APCGeneral Support$10,000
CCA Texas
6919 Port WestHoustonTX77024N/APCGeneral Support$2,000
Houston Food Bank
535 PortwallHoustonTX77029N/APCGeneral Support$10,000
Madison County House of Hope
901 W TrinityMadisonvilleTX77864N/APCGeneral Support$10,000
St Agnes Academy
9000 BelaireHoustonTX77036N/APCGeneral Support$1,000
Texas Tech Foundation
PO Box 45025HoustonTX77204N/APCGeneral Support$5,000
Texas Annual Conference United Methodist Church
5215 Main StHoustonTX77002N/APCGeneral Support$15,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$53,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$41ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$59,265ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion15ExclusionCd
Exclusion$25ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$59,331ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$59,331TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccountingCategoryTxt
Amt$7,600Amt
Net Investment Income$7,600NetInvestmentIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockStock - UBSStockNm
EOY Book Value$1,098,385EOYBookValueAmt
EOYFMV$1,400,497EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescFederal Excise Tax ReceivableDesc
BOY Book Value$59BOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBank FeesDesc
Revenue And Expenses Per Books$25RevenueAndExpensesPerBooksAmt
Net Investment Income$25NetInvestmentIncomeAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescRoyalty InocmeDesc
Revenue And Expenses Per Books$25RevenueAndExpensesPerBooksAmt
Net Investment Income$25NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTaxes Per BookCategoryTxt
Amt$1,132Amt
Net Investment Income$1,132NetInvestmentIncomeAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.