RAY FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- RAY FOUNDATION INC (EIN 81-0288819)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2020-10-12
- IRS object ID
- 202022869349100717
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-12T14:50:32-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 274541538 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEVEN W YOCUM CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 INVERNESS DRIVE EAST STE 187 | AddressLine1Txt |
| City | CENTENNIAL | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810288819 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RAYF | BusinessNameControlTxt |
| Phone | 2396495733 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 AVIATION DRIVE SOUTH NO 203 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFFERY J TEMPAS | PersonNm |
| Person Title | VP - TREASURER | PersonTitleTxt |
| Phone | 2396495733 | PhoneNum |
| Signature | 2020-10-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN W YOCUM | PreparerPersonNm |
| PTIN | P01060619 | PTIN |
| Phone | 3037306500 | PhoneNum |
| Preparation | 2020-10-07 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 107.155.81.2 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-10-12 | IPDt |
| IP Tm | 13:49:11 | IPTm |
| IP Timezone | MD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | C8A6D3C8557302CB9FABCE3DA8BBBF358ABD459D | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F61608958EC33EFF42F1E7627507411CB4795D24 | 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 | $185,202,626 | 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 | $7,213,908 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $264,867 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $264,867 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,933,519 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,933,519 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,579,631 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,710,850 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,579,631 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $11,384 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $11,384 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $13,003,309 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,789,401 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $810,833 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $170,375 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $640,458 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $5,006 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $750 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $4,256 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $7,358 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,104 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $6,254 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $450 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,550 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $415,910 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $23,061 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $37,158 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $226,721 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $67,732 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $10,159 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $57,573 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $46,818 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $46,818 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $98,308 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,354 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $94,954 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,681,686 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $209,253 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $890,021 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $11,496,437 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $11,496,437 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $13,178,123 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $209,253 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $12,386,458 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$174,814 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,580,148 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,105,511 | CashBOYAmt |
| Cash EOY | $1,818,606 | CashEOYAmt |
| Cash EOYFMV | $1,818,606 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $21,638,396 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $26,868,867 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $26,899,813 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $142,067 | PrepaidExpensesBOYAmt |
| Corporate Stock BOY | $46,534,153 | CorporateStockBOYAmt |
| Corporate Stock EOY | $40,363,072 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $148,917,468 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $8,126,260 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $7,976,147 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,672,078 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,026,883 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $412,222 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,774,913 | LandBOYAmt |
| Land EOY | $1,614,661 | LandEOYAmt |
| Land EOYFMV | $1,614,661 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $560,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $280,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $79,321,300 | TotalAssetsBOYAmt |
| Total Assets EOY | $79,201,353 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $185,202,626 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $79,321,300 | CapitalStockBOYAmt |
| Capital Stock EOY | $79,201,353 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $79,321,300 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $79,201,353 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $79,321,300 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $79,201,353 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $79,321,300 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$174,814 | ExcessRevenueOverExpensesAmt |
| Other Increases | $56,123 | OtherIncreasesAmt |
| Subtotal | $79,202,609 | SubtotalAmt |
| Other Decreases | $1,256 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $79,201,353 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 2960 AAPL | D | 2008-03-03 | 2019-07-30 | $619,959 | $58,216 | $561,743 | $561,743 |
| 3000 AAPL | D | 2008-03-03 | 2019-07-31 | $654,279 | $59,002 | $595,277 | $595,277 |
| 1800 ALC | D | 1997-01-23 | 2019-08-13 | $107,864 | $29,926 | $77,938 | $77,938 |
| 4000 CAH | D | 2004-12-23 | 2019-08-13 | $179,499 | $163,294 | $16,205 | $16,205 |
| 612 CI | D | 2006-10-25 | 2019-08-13 | $103,551 | $84,135 | $19,416 | $19,416 |
| 4000 MPC | D | 2002-01-31 | 2019-08-13 | $190,331 | $22,631 | $167,700 | $167,700 |
| 4200 WBA | D | 2008-08-08 | 2019-08-13 | $223,107 | $152,071 | $71,036 | $71,036 |
| 5000 INTC | D | 2010-09-17 | 2019-08-13 | $234,411 | $94,202 | $140,209 | $140,209 |
| 570 CI | D | 1993-04-23 | 2019-08-13 | $96,474 | $12,045 | $84,429 | $84,429 |
| 3862 EMN | D | 1988-03-01 | 2019-08-13 | $259,899 | $14,837 | $245,062 | $245,062 |
| 9162 NCR | D | 1980-01-01 | 2019-08-23 | $289,505 | $34,384 | $255,121 | $255,121 |
| 18100 AABA | D | 2011-08-05 | 2019-09-27 | $1,288,704 | $221,931 | $1,066,773 | $1,066,773 |
| .125 CRNC | D | 2003-09-12 | 2019-10-02 | $2 | $2 | $2 | |
| 9162 TDC | D | 1988-03-01 | 2020-01-30 | $229,778 | $38,942 | $190,836 | $190,836 |
| NPM SLIP | D | 2017-04-01 | 2020-02-18 | $350,472 | $550,000 | -$199,528 | -$199,528 |
| 10000 VB | P | 2017-06-30 | 2020-03-12 | $1,172,688 | $1,358,971 | -$186,283 | -$186,283 |
| 10000 VO | P | 2017-06-30 | 2020-03-12 | $1,331,269 | $1,428,449 | -$97,180 | -$97,180 |
| 14000 VB | P | 2018-01-11 | 2020-03-20 | $1,488,025 | $1,986,676 | -$498,651 | -$498,651 |
| 13500 VO | P | 2018-01-11 | 2020-03-20 | $1,644,940 | $2,023,959 | -$379,019 | -$379,019 |
| 4750 VB | P | 2018-01-11 | 2020-03-20 | $501,995 | $784,388 | -$282,393 | -$282,393 |
| 6000 VO | P | 2018-01-11 | 2020-03-20 | $727,688 | $996,760 | -$269,072 | -$269,072 |
| 1000 ORI | P | 2020-06-22 | 2020-06-22 | $16,410 | $16,400 | $10 | $10 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,579,631 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $13,901,824 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $186,273,760 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.074631 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,059,577 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $177,321,328 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.017254 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $145,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $65,414,832 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.002217 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,592,790 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $23,103,298 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.155510 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $4,404,240 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $23,690,218 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.185910 | DistributionYr5Rt |
| Total Distribution | 0.435522 | TotalDistributionRt |
| Average Distribution | 0.087104 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $186,703,678 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $16,262,637 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $55,801 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $16,318,438 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $12,386,458 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $111,603 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $111,603 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $111,603 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $178,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $178,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $66,397 | OverpaymentAmt |
| Applied To ES Tax | $66,397 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Org Report Or Register State | FL | 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 | HTTPS://RAYFOUNDATION.US | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2396495733 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 AVIATION DRIVE SOUTH NO 203 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34104 | 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 |
|---|---|---|---|---|---|---|---|---|
| CHARLES J AHEARN | ||||||||
| 100 AVIATION DRIVE SOUTH 203 | NAPLES | FL | 34104 | PRESIDENT/DIRECTOR | 40.00 | $424,167 | $0 | $0 |
| JEFFERY J TEMPAS | ||||||||
| 100 AVIATION DRIVE SOUTH 203 | NAPLES | FL | 34104 | TREASURER/DIRECTOR | 24.00 | $193,333 | $0 | $0 |
| THEODORE H BROUSSEAU | ||||||||
| 100 AVIATION DRIVE SOUTH 203 | NAPLES | FL | 34104 | SECRETARY/DIRECTOR | 20.00 | $193,333 | $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 | $155,426,557 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $26,454,463 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $7,665,861 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $189,546,881 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $2,304,069 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $189,546,881 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,843,203 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $186,703,678 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,335,184 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $9,335,184 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $111,603 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $11,576 | IncomeTaxAmt |
| Total Tax | $123,179 | TotalTaxAmt |
| Distributable Before Adj | $9,212,005 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $9,212,005 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $9,212,005 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $12,386,458 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $12,386,458 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $12,386,458 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $9,212,005 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $2,310,435 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,310,435 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $12,386,458 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $9,212,005 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,174,453 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,484,888 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,484,888 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $2,310,435 | ExcessFromYear1Amt |
| Excess From Current Year | $3,174,453 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CHARLES J AHEARN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 AVIATION DRIVE SOUTH SUITE 203 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2396495733 | RecipientPhoneNum |
| Form And Info And Materials | SEE ATTACHED STATEMENT 12 | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE ATTACHED STATEMENT 12 | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE ATTACHED STATEMENT 12 | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (29 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALZHEIMER'S SUPPORT NETWORK | |||||||
| 660 TAMIAMI TRAIL N | NAPLES | FL | 34102 | NONE | PUBLIC CHARITY | OPERATING BUDGET SUPPORT | $50,000 |
| AVIATION HIGH SCHOOL EDUCATION FOUNDATION | |||||||
| 45-30 36TH STREET | LONG ISLAND CITY | NY | 11101 | NONE | PUBLIC CHARITY | ORGANIZATION FUNDING AND INITIAL CAPITAL FUNDING | $250,000 |
| AEROSPACE CENTER FOR EXCELLENCE | |||||||
| 4175 MEDULLA ROAD | LAKELAND | FL | 33811 | NONE | PUBLIC CHARITY | NEW MUSEUM CONSTRUCTION AND OPERATING SUPPORT | $1,220,968 |
| AOPA AIR SAFETY FOUNDATION | |||||||
| 421 AVIATION WAY | FREDERICK | MD | 21701 | NONE | PUBLIC CHARITY | SUPPORT FOR 'YOU CAN FLY' PROGRAM | $2,500,000 |
| AOPA AIR SAFETY FOUNDATION | |||||||
| 421 AVIATION WAY | FREDERICK | MD | 21701 | NONE | PUBLIC CHARITY | FLIGHT SCHOLARSHIPS | $1,150,000 |
| COLORADO SKIES ACADEMY | |||||||
| 13015 WINGS WAY | ENGLEWOOD | CO | 80112 | NONE | PUBLIC CHARITY | OPERATING BUDGET SUPPORT | $325,000 |
| COMMUNITY FOUNDATION OF COLLIER COUNTY | |||||||
| 1110 PINE RIDGE ROAD STE 200 | NAPLES | FL | 34108 | NONE | PUBLIC CHARITY | JAMES C RAY SCHOLARSHIP FUNDING | $100,000 |
| EXPERIMENTAL AIRCRAFT ASSOCIATION | |||||||
| 3000 POBEREZNY ROAD | OSHKOSH | WI | 54902 | NONE | PUBLIC CHARITY | RAY AVIATION SCHOLARSHIP FUNDING | $1,200,000 |
| EXPERIMENTAL AIRCRAFT ASSOCIATION | |||||||
| 3000 POBEREZNY ROAD | OSHKOSH | WI | 54902 | NONE | PUBLIC CHARITY | KIDVENTURE OPERATING SUPPORT | $50,000 |
| EXPERIMENTAL AIRCRAFT ASSOCIATION | |||||||
| 3000 POBEREZNY ROAD | OSHKOSH | WI | 54902 | NONE | PUBLIC CHARITY | MUSEUM EXPANSION CONSTRUCTION PROJECT | $1,400,000 |
| EAA CHAPTER 1240 | |||||||
| 1 LOCKWOOD LANE | SEBRING | FL | 33870 | NONE | PUBLIC CHARITY | EDUCATION PROGRAM OPERATING SUPPORT | $95,244 |
| FLIGHT FOUNDATION | |||||||
| 1 THREE SPRINGS LANE | UNICOI | TN | 37692 | NONE | PUBLIC CHARITY | FLIGHT SCHOLARSHIP FUNDING | $50,000 |
| HSU EDUCATIONAL FOUNDATION | |||||||
| 70 READY AVENUE NW | FORT WALTON BEACH | FL | 32548 | NONE | PUBLIC CHARITY | DRONE CHALLENGE FUNDING SUPPORT | $100,000 |
| THE HERITAGE FOUNDATION | |||||||
| 214 MASSACHUAETTS AVE NE | WASHINGTON | DC | 20002 | NONE | PUBLIC CHARITY | INTERNSHIPS | $30,000 |
| LAKELAND AERO CLUB | |||||||
| 3952 JAMES C RAY DRIVE | LAKELAND | FL | 33811 | NONE | PUBLIC CHARITY | OPERATING BUDGET SUPPORT | $150,000 |
| THE IMMOKALEE FOUNDATION | |||||||
| 2375 TAMIAMI TRAIL N | NAPLES | FL | 34103 | NONE | PUBLIC CHARITY | CONSTRUCTION MANAGEMENT CURRICULUM SUPPORT | $250,000 |
| PEARL HARBOR AVIATION MUSEUM | |||||||
| 319 LEXINGTON BLVD BLDG 37 | HONOLULU | HI | 96818 | NONE | PUBLIC CHARITY | RESTRICTED GRANT LEARNING LAB PROJECT | $1,000,000 |
| SOUTHEASTERN GUIDE DOGS | |||||||
| 4210 77TH STREET EAST | PALMETTO | FL | 34221 | NONE | PUBLIC CHARITY | OPERATING BUDGET SUPPORT | $500,000 |
| TEENS IN FLIGHT | |||||||
| 13 CHADWICK CT | PALM COAST | FL | 32137 | NONE | PUBLIC CHARITY | OPERATING GRANT | $35,000 |
| WINGS OVER THE ROCKIES | |||||||
| 13005 WINGS WAY | ENGLEWOOD | CO | 80112 | NONE | PUBLIC CHARITY | PROGRAM BUDGET SUPPORT AND FLIGHT SCHOLARSHIPS | $750,000 |
| NAPLES CIVIL AIR PATROL | |||||||
| 360 AVIATION DR S | NAPLES | FL | 34104 | NONE | PUBLIC CHARITY | HANGAR ROOF REPLACEMENT SUPPORT | $50,000 |
| CITIZEN'S FOSTER CARE | |||||||
| PO BOX 10746 | NAPLES | FL | 34101 | NONE | PUBLIC CHARITY | OPERATING SUPPORT | $30,350 |
| THE LEROY HOMER FOUNDATION | |||||||
| PO BOX 268 | MARLTON | NJ | 08053 | NONE | PUBLIC CHARITY | FLIGHT SCHOLARSHIP FUNDING | $25,000 |
| WILLIAMSBURG AVIATION | |||||||
| 102 MARCLAY ROAD | MILLIAMSBURG | VA | 23185 | NONE | PUBLIC CHARITY | FLIGHT SCHOLARSHIP FUNDING | $25,000 |
| EAGLE SPORT AVIATION | |||||||
| 905 BISCAYNE BAY HANGAR 11 | DELAND | FL | 32124 | NONE | PUBLIC CHARITY | AIRCRAFT AVIONICS UPGRADE FUNDING | $14,250 |
| NAACP OF COLLIER COUNTY | |||||||
| PO BOX 990727 | NAPLES | FL | 34116 | NONE | PUBLIC CHARITY | LIFT PROGRAM OPERATING SUPPORT | $15,625 |
| STEM FLIGHTS | |||||||
| 526 KING STREET SUITE 506 | ALEXANDRIA | VA | 22314 | NONE | PUBLIC CHARITY | CURRICULUM DEVELOPMENT SUPPORT | $50,000 |
| JACKSONVILLE UNIVERSITY | |||||||
| 2800 UNIVERSITY BLVD NORTH | JACKSONVILLE | FL | 32211 | NONE | PUBLIC CHARITY | RESTRICTED GRANT - SIMULATOR PURCHASE | $30,000 |
| WOMEN IN AVIATION | |||||||
| 3647 SR 503 SOUTH | WEST ALEXANDRIA | OH | 45381 | NONE | PUBLIC CHARITY | GIRLS IN AVIATION DAY SUPPORT | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $11,496,437 | 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 | $264,867 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,933,519 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11,384 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,579,631 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,789,401 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,789,401 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| ESTATE OF JAMES C RAY | |||||||
| 1 | 100 AVIATION DRIVE SOUTH STE 203 | NAPLES | FL | 34104 | $6,143,908 | Yes (X) | |
| ESTATE OF JAMES C RAY | |||||||
| 2 | 100 AVIATION DRIVE SOUTH STE 203 | NAPLES | FL | 34104 | $1,070,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | FOUR (4) MARINA SLIPS | NoncashPropertyDesc |
| Fair Market Value | $1,070,000 | FairMarketValueAmt |
| Received | 2019-08-30 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX RETURN PREPARATION | CategoryTxt |
| Amt | $3,000 | Amt |
| Net Investment Income | $450 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,550 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| COMPUTER AND PERIFERALS | 2004-09-20 | $10,814 | $10,814 | SL | 5.000000000000 | $0 | $0 |
| CARPET | 2004-10-25 | $4,600 | $4,600 | SL | 5.000000000000 | $0 | $0 |
| HANGAR | 2018-06-18 | $470,000 | $12,051 | SL | 39.000000000000 | $12,051 | $0 |
| CARAVAN N239JR | 2018-10-01 | $1,475,000 | $158,036 | SL | 7.000000000000 | $210,714 | $0 |
| CARAVAN GARMAN AUTO PILOT UPGRADE | 2020-01-28 | $66,469 | SL | 7.000000000000 | $3,956 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (85 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 9152 A | $48,427 | $808,760 |
| 8055 AKAM | $4,014 | $862,610 |
| 2352 ALVR | $29,625 | $15 |
| 12000 AXP | $848,195 | $1,142,400 |
| 20244 APA | $156,900 | $273,294 |
| 57000 AAPL | $1,299,828 | $20,793,600 |
| 311000 T | $3,272,578 | $9,401,530 |
| 2989 AZO | $32,764 | $3,371,951 |
| 35716 BAC | $841,735 | $848,255 |
| 3000 BDX | $665,222 | $717,810 |
| 5000 BA | $208,254 | $916,500 |
| 40000 BP | $659,279 | $932,800 |
| 14000 BMY | $658,484 | $823,200 |
| 7000 CAT | $262,851 | $885,500 |
| 36012 CHV | $615,760 | $3,213,351 |
| 15714 CIEN | $52,545 | $851,070 |
| 26512 CSCO | $127,056 | $1,236,520 |
| 6000 C | $482,992 | $306,600 |
| 9980 KO | $250,378 | $445,906 |
| 174214 CMCSA | $1,474,341 | $6,790,862 |
| 42286 COP | $233,079 | $1,776,858 |
| 10000 DHR | $294,686 | $1,768,300 |
| 9060 DELL | $11,797 | $497,756 |
| 132054 XOM | $1,242,658 | $5,905,455 |
| 60000 F | $716,395 | $364,800 |
| 5000 FTV | $91,683 | $338,300 |
| 23000 GRMN | $905,491 | $2,242,500 |
| 10000 GSK | $77,163 | $407,900 |
| 2500 GS | $557,384 | $494,050 |
| 1504 GOOG | $386,360 | $2,126,069 |
| 1500 GOOGL | $387,631 | $2,127,075 |
| 13260 HCP | $162,021 | $365,446 |
| 52000 HPE | $75,405 | $505,960 |
| 52000 HPQ | $154,568 | $906,360 |
| 37920 HON | $616,974 | $5,482,853 |
| 250000 HRL | $394,531 | $12,067,500 |
| 3191 NGVT | $43,465 | $167,751 |
| 20800 JPM | $532,877 | $1,956,448 |
| 24000 JBL | $607,975 | $769,920 |
| 10000 JNJ | $616,868 | $1,406,300 |
| 4576 KEYS | $18,470 | $461,169 |
| 12000 KHC | $654,143 | $382,680 |
| 4166 LLY | $249,132 | $683,974 |
| 17000 LOW | $519,379 | $2,297,040 |
| 13699 MDT | $599,959 | $1,256,198 |
| 27460 MRK | $736,733 | $2,123,482 |
| 8000 MDLZ | $184,093 | $409,040 |
| 4300 MSI | $258,401 | $602,559 |
| 15000 NSRGY | $77,163 | $1,656,600 |
| 15000 NWN | $255,438 | $836,850 |
| 9000 NVS | $215,037 | $786,060 |
| 44081 NUAN | $93,512 | $1,115,470 |
| 21000 ORCL | $275,640 | $1,160,670 |
| 5400 ORLY | $151,869 | $2,277,018 |
| 7000 PAYX | $204,885 | $530,250 |
| 34617 PFE | $811,615 | $1,131,976 |
| 21143 PSX | $73,494 | $1,520,182 |
| 11393 PTC | $42,521 | $886,261 |
| 3000 RAYS# | $3,666 | $0 |
| 20000 SLB | $152,417 | $367,800 |
| 27684 SNPS | $61,023 | $5,398,380 |
| 26070 TMUS | $41,456 | $2,715,191 |
| 3870 TEL | $74,299 | $315,599 |
| 5500 TRV | $583,987 | $627,275 |
| 38379 USB | $363,485 | $1,413,115 |
| 80678 VZ | $1,861,141 | $4,447,778 |
| 50000 VSAT | $3,400 | $1,918,500 |
| 29256 VOD | $296,275 | $466,341 |
| 17194 WF | $298,026 | $440,166 |
| 19150 WRK | $400,941 | $541,179 |
| 7500 ZBH | $627,910 | $895,200 |
| 4000 IYF | $214,056 | $440,560 |
| 58000 ITOT | $2,270,604 | $4,027,520 |
| 15000 VB | $2,308,650 | $2,185,800 |
| 13000 VO | $2,117,853 | $2,130,830 |
| 2500 MMM | $510,570 | $389,975 |
| 9702 CVS | $715,072 | $630,339 |
| 5000 ABBV | $351,080 | $490,900 |
| 400 AMZN | $760,207 | $1,103,528 |
| 7000 CARR | $51,554 | $155,540 |
| 5510 CRNC | $14,220 | $225,028 |
| 7000 GILD | $528,454 | $538,580 |
| 3500 OTIS | $72,091 | $199,010 |
| 7000 RTX | $152,134 | $431,340 |
| 26070 TMUS RTS | $6,778 | $4,380 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BEECHWOOD BARTOW LLC | AT COST | $4,172,025 | $2,971,152 |
| BEECHWOOD LAKELAND | AT COST | $2,983,562 | $2,118,329 |
| BEECHWOOD PLAZA OSHKOSH | AT COST | $820,560 | $582,597 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| COMPUTER AND PERIFERALS | $10,814 | $10,814 | $0 |
| CARPET | $4,600 | $4,600 | $0 |
| HANGAR | $470,000 | $24,102 | $445,898 |
| CARAVAN N239JR | $1,475,000 | $368,750 | $1,106,250 |
| CARAVAN GARMAN AUTO PILOT UPGRADE | $66,469 | $3,956 | $62,513 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $7,358 | LegalFeesAmt |
| Net Investment Income | $1,104 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,254 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MARINA SLIPS | Desc |
| EOY Book Value | $560,000 | EOYBookValueAmt |
| EOYFMV | $280,000 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON DEDUCTIBLE EXPENSES FROM PASS-THROUGH ENTITIES | Desc |
| Amt | $1,256 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| AIRCRAFT EXPENSE | $75,951 | $0 | $75,951 |
| BANK AND FILING FEES | $3,797 | $570 | $3,227 |
| PAYROLL SERVICE FEE | $2,065 | $310 | $1,755 |
| INSURANCE | $16,495 | $2,474 | $14,021 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Revenue And Expenses Per Books | $11,384 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $11,384 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $11,384 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UBTI FROM FORM 990T | Desc |
| Amt | $56,123 | Amt |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | INTERESTS IN 4 HOTEL PARTNERSHIPS HAVE BEEN REDUCED BY 29% DUE TO THEIR LACK OF MARKETABILITY. ATTEMPTS TO SELL THESE INTERESTS HAVE MET WITH LITTLE SUCCESS. THE 29% DISCOUNT RATE IS BASED ON THE ACTUAL SALE OF A FIFTH HOTEL INTEREST AT 71% OF ITS BOOK VALUE. BOOK VALUE DERIVED FROM ESTATE VALUE AT THE DATE OF DEATH OF CONTRIBUTOR JAMES C RAY. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX ON INVESTMENT INCOME | $355,691 | $0 | $0 |
| FOREIGN TAX PAID | $15,951 | $15,951 | $0 |
| PAYROLL TAXES | $44,268 | $7,110 | $37,158 |
Comments