RITER FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- RITER FAMILY FOUNDATION (EIN 75-2707712)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-09
- IRS object ID
- 202031919349100728
- Schema version
- 2019v5.0
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-09T10:38:22-07:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 751503978 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HENRY & PETERS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3310 S BROADWAY AVE STE 100 | AddressLine1Txt |
| City | TYLER | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75701 | 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 | 752707712 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RITER FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RITE | BusinessNameControlTxt |
| Phone | 9035265000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1012 PRUITT PLACE | AddressLine1Txt |
| City | TYLER | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75703 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AW RITER JR | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2020-07-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Ginny Ragland | PreparerPersonNm |
| PTIN | P00160325 | PTIN |
| Phone | 9035976311 | PhoneNum |
| 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 | $16,201,042 | 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 | $356,402 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $356,402 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $446,912 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,774,119 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $360,344 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $40,152 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $47,539 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $843,466 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $764,285 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $675 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $574 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $101 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,870 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,690 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,180 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $100,993 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $100,993 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $28,073 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,009 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $171,020 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $90,959 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $79,313 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $308,631 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $205,225 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $80,594 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $134,074 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $134,074 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $442,705 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $205,225 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $214,668 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $400,761 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $559,060 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $337,470 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $297,993 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $297,993 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $2,678 | PrepaidExpensesBOYAmt |
| Corporate Bonds BOY | $1,647,628 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,739,156 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,811,655 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $11,153,126 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $11,505,256 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $14,080,036 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,679 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,679 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $4,306 | OtherAssetsBOYAmt |
| Other Assets EOY | $11,358 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $11,358 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $13,145,208 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,553,763 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,201,042 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $16,927 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $24,721 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $16,927 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $24,721 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $13,128,281 | RetainedEarningBOYAmt |
| Retained Earning EOY | $13,529,042 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,128,281 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,529,042 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,145,208 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,553,763 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,128,281 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $400,761 | ExcessRevenueOverExpensesAmt |
| Subtotal | $13,529,042 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $13,529,042 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (15 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| UBS ACCT #00556-PUB TR SEC | P | 2010-01-01 | 2019-12-31 | $1,182,500 | $1,182,775 | -$275 | -$275 |
| UBS ACCT #00818-PUB TR SEC | P | 2010-01-01 | 2019-12-31 | $775,713 | $794,232 | -$18,519 | -$18,519 |
| UBS ACCT #01611-PUB TR SEC | P | 2010-01-01 | 2019-12-31 | $410,359 | $309,160 | $101,199 | $101,199 |
| UBS ACCT #06029-PUB TR SEC | P | 2010-01-01 | 2019-12-31 | $123,201 | $98,422 | $24,779 | $24,779 |
| UBS ACCT #08576-PUB TR SEC | P | 2010-01-01 | 2019-12-31 | $542,238 | $451,458 | $90,780 | $90,780 |
| UBS ACCT #09989-PUB TR SEC | P | 2010-01-01 | 2019-12-31 | $2,115,640 | $2,031,211 | $84,429 | $84,429 |
| UBS ACCT #09990-PUB TR SEC | P | 2019-01-01 | 2019-12-31 | $2,020,662 | $1,930,663 | $89,999 | $89,999 |
| UBS ACCT #14392-PUB TR SEC | P | 2019-01-01 | 2019-12-31 | $413,583 | $523,586 | -$110,003 | -$110,003 |
| UBS ACCT #14428-PUB TR SEC | P | 2019-01-01 | 2019-12-31 | $1,497 | $1,497 | ||
| EPP DISTRIBUTION IN EXCESS OF BASIS | P | 2010-01-01 | 2019-12-31 | $7,118 | $7,118 | $7,118 | |
| ET DISTRIBUTION IN EXCESS OF BASIS | P | 2010-01-01 | 2019-12-31 | $900 | $900 | $900 | |
| UBS ACCT #14392 PTP ADJUSTMENT | P | 2010-01-01 | 2019-12-31 | $78,414 | $78,414 | $78,414 | |
| GAIN/LOSS FROM PTP K-1S | P | 2019-01-01 | 2019-12-31 | $83 | $83 | $83 | |
| GAIN/LOSS FROM PTP K-1S | P | 2010-01-01 | 2019-12-31 | $4,203 | -$4,203 | -$4,203 | |
| Capital Gain Dividends | $15,643 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $360,344 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$19,921 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $532,543 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $14,349,235 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.03711 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $323,124 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $6,740,575 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04794 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $314,975 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $6,456,851 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04878 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $341,307 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $6,869,595 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04968 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $370,165 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $7,342,471 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.05041 | DistributionYr5Rt |
| Total Distribution | 0.233930 | TotalDistributionRt |
| Average Distribution | 0.046786 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $15,007,509 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $702,141 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5,591 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $707,732 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $214,668 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,181 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,181 | SubtotalAmt |
| Tax Based On Investment Income | $11,181 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,600 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,600 | TotalPaymentsAndCreditsAmt |
| Tax Due | $7,581 | TaxDueAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AW RITER III | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9035263000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1012 PRUITT PLACE | AddressLine1Txt |
| City | TYLER | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75703 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|
| AW RITER III | ||||||
| 1012 PRUITT PLACE | TYLER | TX | 75703 | Pres/Treas | 0.00 | $0 |
| CYNTHIA S RITER | ||||||
| 1012 PRUITT PLACE | TYLER | TX | 75703 | Secretary | 0.00 | $0 |
| PAXTON W RITER | ||||||
| 1012 PRUITT PLACE | TYLER | TX | 75703 | Director | 0.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,871,395 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $364,655 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,236,050 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $15,236,050 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $228,541 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,007,509 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $750,375 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $750,375 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,181 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $19,028 | IncomeTaxAmt |
| Total Tax | $30,209 | TotalTaxAmt |
| Distributable Before Adj | $720,166 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $720,166 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $720,166 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $214,668 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $214,668 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $214,668 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $720,166 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $64,016 | UndistributedIncomePYAmt |
| Qualifying Distributions | $214,668 | QualifyingDistributionsAmt |
| Applied To Year1 | $64,016 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $150,652 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $569,514 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| UNIVERSITY OF TEXAS AT TYLER | ||||||
| 3900 UNIVERSITY BLVD | TYLER | TX | 75701 | PC | EDUCATION | $3,000 |
| TYLER ECONOMIC DEV COUNCIL | ||||||
| 315 N BROADWAY | TYLER | TX | 75702 | PC | COMMUNITY ENRICHMENT | $2,500 |
| MISCELLANEOUS | ||||||
| FLOW-THRU FROM K-1S | TYLER | TX | 75702 | N/A | CHARITABLE | $74 |
| HOSPICE OF EAST TEXAS | ||||||
| 4111 UNIVERSITY BLVD | TYLER | TX | 75701 | PC | HEALTH CARE | $1,000 |
| TYLER JUNIOR COLLEGE | ||||||
| 1400 E FIFTH ST | TYLER | TX | 75701 | PC | EDUCATION | $10,000 |
| JUNIOR ACHIEVEMENT | ||||||
| 2737 S BROADWAY SUITE 207 | TYLER | TX | 75701 | PC | COMMUNITY ENRICHMENT | $1,000 |
| ENCOURAGEMENT FM - KGLY FM | ||||||
| PO BOX 8525 | TYLER | TX | 75711 | PC | COMMUNITY ENRICHMENT | $41,500 |
| SAMARITAN'S PURSE | ||||||
| PO BOX 3000 | BOONE | NC | 28607 | PC | SOCIAL ASSISTNACE | $10,000 |
| ZERO- THE END OF PROSTATE CANCER | ||||||
| P O Box 320821 | ALEXANDRIA | VA | 22320 | PC | HEALTH CARE | $5,000 |
| LIVING ALTERNATIVES | ||||||
| PO BOX 131466 | TYLER | TX | 75713 | PC | SOCIAL ASSISTANCE | $5,000 |
| PROMISE ACADEMY | ||||||
| PO BOX 2044 | TYLER | TX | 75702 | PC | EDUCATION | $50,000 |
| CLAYTON DABNEY FOUNDATION | ||||||
| 6500 GREENVILLE AVE 342 | DALLAS | TX | 75206 | PC | SOCIAL ASSISTANCE | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $134,074 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $356,402 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $47,541 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 211110 | BusinessCd |
| Unrelated Business Taxbl Incm | $86,568 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $360,344 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|
| PARTNERSHIP UBTI | 211110 | -$34,929 |
| PARTNERSHIP UBTI SEC 1231 | 211110 | $27,540 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $79,179 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $764,287 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $843,466 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | N/A | RelationshipStatementTxt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $7,870 | Amt |
| Net Investment Income | $6,690 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,180 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | UBS ACCT #00557 - PTP ORD | AssetDesc |
| Acquired | 2019-01 | AcquiredDt |
| How Acquired | Purchase | HowAcquiredTxt |
| Sold | 2019-12 | SoldDt |
| Gross Sales Price | $86,568 | GrossSalesPriceAmt |
| Basis Method | Cost | BasisMethodTxt |
| Total Net | $86,568 | TotalNetAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $1,739,156 | EOYBookValueAmt |
| EOYFMV | $1,811,655 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| EQUITY SECURITIES | AT COST | $5,416,051 | $7,222,479 |
| PARTNERSHIPS2% INT (UBTI) | AT COST | $1,491,940 | $2,056,153 |
| OTHER SECURITIES | AT COST | $2,197,638 | $2,400,341 |
| MUTUAL FUNDS | AT COST | $2,399,627 | $2,401,063 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $3,679 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $3,679 | AccumulatedDepreciationAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $675 | LegalFeesAmt |
| Net Investment Income | $574 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $101 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIVIDEND RECEIVABLE | Desc |
| BOY Book Value | $4,306 | BOYBookValueAmt |
| EOY Book Value | $11,358 | EOYBookValueAmt |
| EOYFMV | $11,358 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DEPLETION | $9,984 | $9,984 | |
| DUES & MEMBERSHIPS | $10,316 | $10,316 | |
| MANAGEMENT OVERHEAD EXP | $135,000 | $55,687 | $79,313 |
| MISC INVESTMENT EXPENSES | $2,718 | $2,718 | |
| MISCELLANEOUS | $8 | $8 | |
| NON-DEDUCTIBLE PTRSHP EXP | $748 | ||
| OFFICE/COMPUTER EXPENSE | $170 | $170 | |
| ROYALTY EXPENSES | $12,076 | $12,076 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Other Investment Income | $47,541 | $47,539 |
| PARTNERSHIP UBTI | -$34,929 | |
| PARTNERSHIP UBTI SEC 1231 | $27,540 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PENDING BASIS ADJUSTMENT | Desc |
| BOY Book Value | $16,927 | BOYBookValueAmt |
| EOY Book Value | $24,721 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $100,993 | Amt |
| Net Investment Income | $100,993 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAX | $22,064 | |
| FOREIGN TAXES PAID-INVESTMENTS | $6,009 | $6,009 |
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