CARRUTH FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- CARRUTH FOUNDATION (EIN 76-0439576)
- Tax period
- 2019-02-01 to 2020-01-31
- Filed
- 2020-12-15
- IRS object ID
- 202013509349100506
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-12-15T14:11:13-06:00 | ReturnTs |
| Tax Period End | 2020-01-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 741907314 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WERLEIN & HARRIS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3355 W ALABAMA SUITE 900 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77098 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-02-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760439576 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CARRUTH FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARR | BusinessNameControlTxt |
| Phone | 7135263012 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 ALLEN PARKWAY SUITE 1570 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRADY F CARRUTH | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 7135263012 | PhoneNum |
| Signature | 2020-12-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VICTOR E HARRIS | PreparerPersonNm |
| PTIN | P00025194 | PTIN |
| Phone | 7139615544 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 74.213.61.106 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-12-07 | IPDt |
| IP Tm | 11:19:51 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 27AF4B1565E7218C60585EA88C1A864128D0E36F | 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 | $13,648,138 | 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 | $396,410 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $396,410 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $647,803 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,385,430 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $647,803 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $34,929 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $34,929 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,079,142 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,079,142 | 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 |
| Legal Fees Rev And Expnss | $112 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $112 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,921 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $13,921 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $87,155 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $87,155 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,588 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,588 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $24,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $24,000 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $8,709 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $8,709 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $135,485 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $135,485 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $680,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $680,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $815,485 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $135,485 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $680,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $263,657 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $943,657 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $746,114 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $901,048 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $901,048 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $46,560 | PrepaidExpensesBOYAmt |
| Corporate Stock BOY | $7,649,986 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,223,856 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,610,295 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $3,660,348 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,962,454 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,136,795 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $12,103,009 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,087,358 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,648,138 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $12,103,009 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $12,087,358 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,103,009 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,087,358 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,103,009 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,087,358 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,103,009 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $263,657 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $12,366,666 | SubtotalAmt |
| Other Decreases | $279,308 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,087,358 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|
| NFS A/C # 0928 COVERED TRANSACTIONS SEE ATTACHMENT | 2020-01-31 | $1,631,342 | $1,645,526 | -$14,184 | -$14,184 | |
| NFS A/C # 0929 COVERED TRANSACTIONS SEE ATTACHMENT | 2020-01-31 | $433,849 | $456,128 | -$22,279 | -$22,279 | |
| NFS A/C # 3168 COVERED TRANSACTIONS SEE ATTACHMENT | 2020-01-31 | $267,015 | $275,996 | -$8,981 | -$8,981 | |
| CS A/C # 3393 COVERED TRANSACTIONS SEE ATTACHMENT | 2020-01-31 | $588,296 | $588,079 | $217 | $217 | |
| NFS A/C # 0214 COVERED TRANSACTIONS SEE ATTACHMENT | 2020-01-31 | $6,216 | $5,525 | $691 | $691 | |
| AVALON GLOBAL REAL ASSETS FUND, LP | 2020-01-31 | $19 | -$19 | -$19 | P | |
| AVALON GLOBAL REAL ASSETS FUND, LP | 2020-01-31 | $2,752 | $2,752 | $2,752 | P | |
| SECTION 1231 - AVALON GLOBAL REAL ASSETS FUND, LP | 2020-01-31 | $9,374 | $9,374 | $9,374 | P | |
| BLACKGOLD OPPORTUNITY FUND, LP | 2020-01-31 | $16,703 | -$16,703 | -$16,703 | P | |
| BLACKGOLD OPPORTUNITY FUND, LP | 2020-01-31 | $40,584 | -$40,584 | -$40,584 | P | |
| 1256 GAIN BLACKGOLD OPPORTUNITY FUND, LP | 2020-01-31 | $2,795 | -$2,795 | -$2,795 | P | |
| NFS A/C # 0928 COVERED TRANSACTIONS SEE ATTACHMENT | 2020-01-31 | $1,423,951 | $797,139 | $626,812 | $626,812 | |
| NFS A/C # 0929 COVERED TRANSACTIONS SEE ATTACHMENT | 2020-01-31 | $651,959 | $722,027 | -$70,068 | -$70,068 | |
| NFS A/C # 3168 COVERED TRANSACTIONS SEE ATTACHMENT | 2020-01-31 | $480,371 | $462,508 | $17,863 | $17,863 | |
| CS A/C # 3393 COVERED TRANSACTIONS SEE ATTACHMENT | 2020-01-31 | $1,889,908 | $1,724,598 | $165,310 | $165,310 | |
| NFS A/C # 3168 CAPITAL GAIN DISTRIBUTIONS | 2020-01-31 | $397 | $397 | $397 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $647,803 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $642,224 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $8,910,351 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.072076 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $585,025 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $8,927,949 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.065527 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr5 | $666,222 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $13,608,089 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.048958 | DistributionYr5Rt |
| Total Distribution | 0.186561 | TotalDistributionRt |
| Average Distribution | 0.062187 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $13,408,495 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $833,834 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,437 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $843,271 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $680,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $18,873 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $18,873 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $18,873 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $20,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,127 | OverpaymentAmt |
| Applied To ES Tax | $1,127 | 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 CLARKE CPA | IndividualWithBooksNm |
| Phone | 7135263012 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 ALLEN PARKWAY SUITE 1570 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77019 | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| BRADY F CARRUTH | ||||||||
| 2727 ALLEN PARKWAY SUITE 1570 | HOUSTON | TX | 770192125 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| ALAN SCHUBERT | ||||||||
| 2727 ALLEN PARKWAY SUITE 1570 | HOUSTON | TX | 770192125 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| GENTRY LEE | ||||||||
| 2727 ALLEN PARKWAY SUITE 1570 | HOUSTON | TX | 770192125 | TRUSTEE | 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 | $12,233,192 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $694,182 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $685,311 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,612,685 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $13,612,685 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $204,190 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $13,408,495 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $670,425 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $670,425 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $18,873 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $18,873 | TotalTaxAmt |
| Distributable Before Adj | $651,552 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $651,552 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $651,552 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $680,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $680,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $680,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $651,552 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $9,374 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $620,000 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $158,594 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $212,274 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,000,242 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $680,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $651,552 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $28,448 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,028,690 | 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 | $9,374 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,019,316 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $620,000 | ExcessFromYear3Amt |
| Excess From Year2 | $158,594 | ExcessFromYear2Amt |
| Excess From Year1 | $212,274 | ExcessFromYear1Amt |
| Excess From Current Year | $28,448 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CAMP FOR ALL | ||||||
| 3701 KIRBY DRIVE 570 | HOUSTON | TX | 77098 | PUBLIC | GENERAL SUPPORT | $10,000 |
| HOUSTON GRAND OPERA | ||||||
| 510 PRESTON ST | HOUSTON | TX | 77002 | PUBLIC | GENERAL SUPPORT | $65,000 |
| HOUSTON MUSEUM OF NATURAL SCIENCE | ||||||
| 5555 HERMANN PARK DRIVE | HOUSTON | TX | 77030 | PUBLIC | GENERAL SUPPORT | $50,000 |
| HOUSTON SPCA | ||||||
| 7007 OLD KATY ROAD | HOUSTON | TX | 77024 | PUBLIC | GENERAL SUPPORT | $200,000 |
| NORTHLAND CHRISTIAN SCHOOL | ||||||
| 4363 SYLVANFIELD DRIVE | HOUSTON | TX | 77014 | PUBLIC | GENERAL SUPPORT | $100,000 |
| SLIPPERY ROCK UNIVERSITY FOUNDATION | ||||||
| 1 MORROW WAY | SLIPPERY ROCK | PA | 16057 | PUBLIC | GENERAL SUPPORT | $25,000 |
| THE PARISH CHILDREN'S SCHOOL | ||||||
| 11001 HAMMERLY | HOUSTON | TX | 77043 | PUBLIC | GENERAL SUPPORT | $160,000 |
| THE PRESBYTERIAN SCHOOL OF HOUSTON | ||||||
| 5300 MAIN STREET | HOUSTON | TX | 77004 | PUBLIC | GENERAL SUPPORT | $60,000 |
| CULLINAN PARK | ||||||
| 12414 HIGHWAY 6 S | SUGAR LAND | TX | 77498 | PUBLIC | GENERAL SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $680,000 | 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 | $396,410 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $34,929 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $647,803 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,079,142 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,079,142 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
| 4 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
| 5 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
| 8 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
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 | $13,921 | Amt |
| Net Investment Income | $13,921 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMEGY INVESTMENTS - FUND A | $750,129 | $1,039,281 |
| AMEGY INVESTMENTS - FUND B | $1,847,938 | $2,189,369 |
| FIDELITY INVESTMENTS - FUND C | $2,073,132 | $2,344,031 |
| FID INV-214 | $774,467 | $754,440 |
| SCHWAB INVESTMENTS - STOCKS | $1,778,190 | $2,283,174 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SCHWAB INVESTMENTS - FIXED INC | AT COST | $3,648,337 | $3,740,006 |
| FIDELITY INV A - PRIVATE EQUITY | AT COST | $314,117 | $396,789 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $112 | LegalFeesAmt |
| Net Investment Income | $112 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR YEAR DIFFERENCES | Desc |
| Amt | $279,308 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $102 | $102 | $0 |
| BLACKGOLD OPPORTUNITY FUND, LP - OTHER EXPENSES | $8,597 | $8,597 | $0 |
| AVALON GLOBAL REAL ASSETS FUND, LP - CONTRIBUTIONS | $9 | $9 | $0 |
| BLACKGOLD OPPORTUNITY FUND, LP - CONTRIBUTIONS | $1 | $1 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| GUARANTEED PMT- BLACKGOLD OPPORTUNITY FUND LP | $7,427 | $7,427 | $7,427 |
| ORDINARY INCOME - AVALON GLOBAL REAL ASSETS FUND, LP | -$9,120 | -$9,120 | -$9,120 |
| ORDINARY INCOME - BLACKGOLD OPPORTUNITY FUND, LP | -$964 | -$964 | -$964 |
| RENTAL INCOME - AVALON GLOBAL REAL ASSET FUND, LP | -$2,167 | -$2,167 | -$2,167 |
| DIVIDEND INCOME - AVALON GLOBAL REAL ASSET FUND, LP | $12,342 | $12,342 | $12,342 |
| DIVIDEND INCOME - BLACKGOLD OPPORTUNITY FUND, LP | $877 | $877 | $877 |
| INTEREST INCOME - PASSIVE K-1 ACTIVITY | $25,317 | $25,317 | $25,317 |
| OTHER INCOME - PASSIVE K-1 ACTIVITY | $239 | $239 | $239 |
| OTHER INCOME - AVALON GLOBAL REAL ASSETS FUND, LP | $79 | $79 | $79 |
| FOREIGN CURRENCY GAIN - AVALON GLOBAL REAL ASSETS FUND, LP | $641 | $641 | $641 |
| SANTANDER SETTLEMENT | $243 | $243 | $243 |
| TRADING FEE | $15 | $15 | $15 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $87,155 | Amt |
| Net Investment Income | $87,155 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN DIVIDEND TAX | $14,982 | $14,982 | $0 |
| NET INVESTMENT INCOME TAX | $9,018 | $9,018 | $0 |
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