RAY FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- RAY FOUNDATION INC (EIN 81-0288819)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2019-11-15
- IRS object ID
- 201903199349100905
- Schema version
- 2018v3.1
- 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 Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-15T07:09:01-06:00 | ReturnTs |
| Tax Period End | 2019-06-30 | 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 | 2018-07-01 | 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 | 2019-11-15 | 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 | 2019-11-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.56.220.161 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-15 | IPDt |
| IP Tm | 06:06:20 | IPTm |
| IP Timezone | MS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 9E1FD84AE0B5672A69D6F9EBB024E26F0674663A | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 1B6018E2C51DB3B113D9F360D1DDB2A06CF3962A | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-04-17 16:48:07Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $190,176,989 | 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 | $1,475,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $390,187 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $390,187 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $4,229,011 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,229,011 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $4,442,354 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,092,571 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,442,354 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,691 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,691 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $10,539,243 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,064,243 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $578,750 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $133,488 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $445,262 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $4,500 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $675 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $3,825 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,429 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $664 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,765 | 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 | $144,689 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $20,460 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $25,797 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $170,087 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $65,374 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $9,806 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $55,568 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $40,680 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $40,680 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $97,965 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,382 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $94,583 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,109,474 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $168,925 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $672,030 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $13,229,794 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $13,229,794 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $14,339,268 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $168,925 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $13,901,824 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,800,025 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $8,895,318 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $138,169 | CashBOYAmt |
| Cash EOY | $1,105,511 | CashEOYAmt |
| Cash EOYFMV | $1,105,511 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $30,429,821 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $21,638,396 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $21,639,422 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $28,000 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $142,067 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $142,067 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $43,074,801 | CorporateStockBOYAmt |
| Corporate Stock EOY | $46,534,153 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $159,745,432 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $9,106,990 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,126,260 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,769,644 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,960,414 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $185,501 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $470,000 | LandBOYAmt |
| Land EOY | $1,774,913 | LandEOYAmt |
| Land EOYFMV | $1,774,913 | LandEOYFMVAmt |
| Total Assets BOY | $83,247,781 | TotalAssetsBOYAmt |
| Total Assets EOY | $79,321,300 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $190,176,989 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $83,247,781 | CapitalStockBOYAmt |
| Capital Stock EOY | $79,321,300 | 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 | $83,247,781 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $79,321,300 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $83,247,781 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $79,321,300 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $83,247,781 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,800,025 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $79,447,756 | SubtotalAmt |
| Other Decreases | $126,456 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $79,321,300 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (28 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 8000 AET | D | 2000-12-19 | 2018-11-29 | $1,700,984 | $69,500 | $1,631,484 | $1,631,484 |
| .4 CVS | D | 2000-12-19 | 2018-11-29 | $30 | $32 | -$2 | -$2 |
| .099 DELL | D | 1987-02-13 | 2019-01-10 | $5 | $5 | $5 | |
| 2405 DXC | D | 1992-10-21 | 2019-01-18 | $150,568 | $18,741 | $131,827 | $131,827 |
| 6979 EXQNF | D | 1987-03-01 | 2018-09-06 | $19,542 | $47,809 | -$28,267 | -$28,267 |
| 2515 ESRX | D | 2006-10-25 | 2018-12-21 | $122,606 | $1,238 | $121,368 | $121,368 |
| 1028 GTX | D | 2000-06-29 | 2019-01-18 | $16,328 | $4,505 | $11,823 | $11,823 |
| 4550 HRL | D | 1988-03-01 | 2019-01-18 | $198,097 | $7,180 | $190,917 | $190,917 |
| 3845 MFGP | D | 1998-10-08 | 2018-09-03 | $67,018 | $112,812 | -$45,794 | -$45,794 |
| 1202 PRSP | D | 1998-10-08 | 2018-09-13 | $30,297 | $2,786 | $27,511 | $27,511 |
| 1713 REZI | D | 2000-06-29 | 2019-01-18 | $37,867 | $12,069 | $25,798 | $25,798 |
| 13485 VSAT | D | 1997-08-28 | 2019-02-12 | $983,035 | $944 | $982,091 | $982,091 |
| 4800 KDP | D | 1996-05-16 | 2018-09-13 | $114,510 | $41,921 | $72,589 | $72,589 |
| 2061 DXC | D | 1992-10-15 | 2019-01-18 | $128,889 | $14,412 | $114,477 | $114,477 |
| 2344 ESRX | D | 1993-04-23 | 2018-12-24 | $114,270 | $114,270 | $114,270 | |
| 4690 FCX | D | 2007-03-02 | 2018-09-13 | $64,627 | $182,962 | -$118,335 | -$118,335 |
| 2764 GTX | D | 1988-03-01 | 2019-01-18 | $44,466 | $2,416 | $42,050 | $42,050 |
| 20000 HRL | D | 1988-03-01 | 2019-01-18 | $870,067 | $31,563 | $838,504 | $838,504 |
| 3695 JCI | D | 1998-03-01 | 2018-09-13 | $139,559 | $50,151 | $89,408 | $89,408 |
| 928 NVT | D | 1998-03-01 | 2018-09-13 | $26,184 | $5,989 | $20,195 | $20,195 |
| 3295 MFGP | D | 1988-10-14 | 2018-09-13 | $57,530 | $19,201 | $38,329 | $38,329 |
| 1030 PRSP | D | 1992-10-15 | 2018-09-13 | $25,964 | $5,582 | $20,382 | $20,382 |
| 928 PNR | D | 1998-03-01 | 2019-01-18 | $37,717 | $11,899 | $25,818 | $25,818 |
| 4606 REZI | D | 1988-03-01 | 2019-01-18 | $102,081 | $6,473 | $95,608 | $95,608 |
| .6666 REZI | D | 1988-03-01 | 2018-10-29 | $14 | $14 | $14 | |
| .5296 CI | D | 1993-04-23 | 2018-12-26 | $97 | $11 | $86 | $86 |
| .151 CI | D | 2006-10-25 | 2018-12-27 | $28 | $21 | $7 | $7 |
| LP INT IN PAINE FIELD HOTEL DEV | D | 2017-03-28 | 2019-01-02 | $40,191 | $40,191 | $40,191 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,442,354 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,059,577 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $177,321,328 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.017254 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $145,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $65,414,832 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.002217 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,592,790 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $23,103,298 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.155510 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,404,240 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $23,690,218 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.185910 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,688,071 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $20,543,502 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.082171 | DistributionYr5Rt |
| Total Distribution | 0.443062 | TotalDistributionRt |
| Average Distribution | 0.088612 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $186,273,760 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $16,506,090 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $88,953 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $16,595,043 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $13,901,824 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $177,906 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $177,906 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $177,906 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $142,282 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $142,282 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $35,624 | TaxDueAmt |
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 | 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 FOUNDATION | 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 | $348,750 | $0 | $0 |
| JEFFERY J TEMPAS | ||||||||
| 100 AVIATION DRIVE SOUTH 203 | NAPLES | FL | 34104 | TREASURER/DIRECTOR | 24.00 | $115,000 | $0 | $0 |
| THEODORE H BROUSSEAU | ||||||||
| 100 AVIATION DRIVE SOUTH 203 | NAPLES | FL | 34104 | SECRETARY/DIRECTOR | 20.00 | $115,000 | $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 | $154,223,481 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $27,172,291 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $7,714,644 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $189,110,416 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $2,356,616 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $189,110,416 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,836,656 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $186,273,760 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,313,688 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $9,313,688 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $177,906 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $177,906 | TotalTaxAmt |
| Distributable Before Adj | $9,135,782 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $9,135,782 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $9,135,782 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $13,901,824 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $13,901,824 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $13,901,824 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $9,135,782 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,455,607 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $13,901,824 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,455,607 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $9,135,782 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,310,435 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,310,435 | 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 | $2,310,435 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $2,310,435 | 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 (21 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 |
| AOPA AIR SAFETY FOUNDATION | |||||||
| 421 AVIATION WAY | FREDERICK | MD | 21701 | NONE | PUBLIC CHARITY | SUPPORT FOR 'YOU CAN FLY' PROGRAM | $1,800,000 |
| AOPA AIR SAFETY FOUNDATION | |||||||
| 421 AVIATION WAY | FREDERICK | MD | 21701 | NONE | PUBLIC CHARITY | FLIGHT SCHOLARSHIPS | $1,150,000 |
| COMMEMORATIVE AIR FORCE | |||||||
| PO BOX 764769 | DALLAS | TX | 75376 | NONE | PUBLIC CHARITY | H.B. TIPPIE NATIONAL AVIATION EDUCATION CENTER | $2,000,000 |
| UND AEROSPACE FOUNDATION | |||||||
| 5865 S SOSSAMAN RD | MESA | AZ | 85212 | NONE | PUBLIC CHARITY | STUDENT HOUSING PROJECT | $6,000,000 |
| CHILDREN'S HOSPITAL COLORADO FOUNDATION | |||||||
| 13123 E 16TH AVE BOX 045 | AURORA | CO | 80045 | NONE | PUBLIC CHARITY | RESEARCH GRANT MITOCHONDRIAL DISEASE | $50,000 |
| LORENZO WALKER TECHNICAL COLLEGE | |||||||
| 3702 ESLEY AVE | NAPLES | FL | 34104 | NONE | PUBLIC CHARITY | SCHOLARSHIP ASSISTANCE | $1,200 |
| NAPLES CIVIL AIR PATROL | |||||||
| 360 AVIATION DR S | NAPLES | FL | 34104 | NONE | PUBLIC CHARITY | TWO COMPUTER STATIONS | $3,350 |
| COMMUNITY FOUNDATION OF COLLIER COUNTY | |||||||
| 1110 PINE RIDGE ROAD STE 200 | NAPLES | FL | 34108 | NONE | PUBLIC CHARITY | JAMES C RAY SCHOLARSHIP FUNDING | $300,000 |
| EAA CHAPTER 1240 | |||||||
| 1 LOCKWOOD LANE | SEBRING | FL | 33870 | NONE | PUBLIC CHARITY | HANGAR EXPANSION PROJECT | $150,000 |
| EAA CHAPTER 1240 | |||||||
| 1 LOCKWOOD LANE | SEBRING | FL | 33870 | NONE | PUBLIC CHARITY | EDUCATION PROGRAM OPERATING SUPPORT | $74,244 |
| EXPERIMENTAL AIRCRAFT ASSOCIATION | |||||||
| 3000 POBEREZNY ROAD | OSHKOSH | WI | 54902 | NONE | PUBLIC CHARITY | RAY AVIATION SCHOLARSHIP FUNDING | $1,000,000 |
| EXPERIMENTAL AIRCRAFT ASSOCIATION | |||||||
| 3000 POBEREZNY ROAD | OSHKOSH | WI | 54902 | NONE | PUBLIC CHARITY | KIDVENTURE OPERATING SUPPORT | $50,000 |
| LAKELAND AERO CLUB | |||||||
| 3952 JAMES C RAY DRIVE | LAKELAND | FL | 33811 | NONE | PUBLIC CHARITY | OPERATING BUDGET SUPPORT | $91,000 |
| LAKELAND AERO CLUB | |||||||
| 3952 JAMES C RAY DRIVE | LAKELAND | FL | 33811 | NONE | PUBLIC CHARITY | HANGAR MODIFICATION PROJECT SUPPORT | $50,000 |
| THE IMMOKALEE FOUNDATION | |||||||
| 2375 TAMIAMI TRAIL N | NAPLES | FL | 34103 | NONE | PUBLIC CHARITY | CONSTRUCTION MANAGEMENT CURRICULUM SUPPORT | $250,000 |
| NAPLES ART ASSOCIATION | |||||||
| 585 PARK STREET | NAPLES | FL | 34102 | NONE | PUBLIC CHARITY | COLLEGE SCHOLARSHIP PROGRAM | $10,000 |
| AEROSPACE CENTER FOR EXCELLENCE | |||||||
| 4175 MEDULLA ROAD | LAKELAND | FL | 33811 | NONE | PUBLIC CHARITY | FLIGHT SCHOLARSHIP FUNDING | $90,000 |
| TEENS IN FLIGHT | |||||||
| 13 CHADWICK CT | PALM COAST | FL | 32137 | NONE | PUBLIC CHARITY | OPERATING GRANT | $50,000 |
| THE HERITAGE FOUNDATION | |||||||
| 214 MASSACHUSETTS AVE NE | WASHINGTON | DC | 20002 | NONE | PUBLIC CHARITY | INTERNSHIPS | $30,000 |
| WINGS OVER THE ROCKIES | |||||||
| 13005 WINGS WAY | ENGLEWOOD | CO | 80112 | NONE | PUBLIC CHARITY | RESTRICTED GRANT FOR MEMBERSHIP SUPPORT | $30,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $13,229,794 | 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 | $390,187 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,229,011 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,691 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $4,442,354 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $9,064,243 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,064,243 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ESTATE OF JAMES C RAY | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 AVIATION DRIVE SOUTH STE 203 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,475,000 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | CESSNA CARAVAN N239JR. | NoncashPropertyDesc |
| Fair Market Value | $1,475,000 | FairMarketValueAmt |
| Received | 2018-10-01 | 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 (4 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 | SL | 39.000000000000 | $12,051 | $0 | |
| CARAVAN N239JR | 2018-10-01 | $1,475,000 | SL | 7.000000000000 | $158,036 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (88 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 9152 A | $48,427 | $683,380 |
| 8055 AKAM | $4,014 | $645,528 |
| 18100 AABA | $221,931 | $1,255,597 |
| 2352 ALVR | $29,625 | $9 |
| 12000 AXP | $848,195 | $1,481,280 |
| 20244 APA | $156,900 | $586,469 |
| 62960 AAPL | $1,417,045 | $12,461,043 |
| 311000 T | $3,272,578 | $10,421,610 |
| 2989 AZO | $32,764 | $3,286,316 |
| 35716 BAC | $841,735 | $1,035,764 |
| 1500 BDX | $284,512 | $378,015 |
| 5000 BA | $208,254 | $1,820,050 |
| 40000 BP | $659,279 | $1,668,000 |
| 14000 BMY | $658,484 | $634,900 |
| 4000 CAH | $163,294 | $188,400 |
| 7000 CAT | $262,851 | $954,030 |
| 36012 CHV | $615,760 | $4,481,333 |
| 15714 CIEN | $52,545 | $646,317 |
| 26512 CSCO | $127,056 | $1,451,002 |
| 6000 C | $482,992 | $420,180 |
| 9980 KO | $250,378 | $508,182 |
| 174214 CMCSA | $1,474,341 | $7,365,768 |
| 42286 COP | $233,079 | $2,579,446 |
| 10000 DHR | $294,686 | $1,429,200 |
| 9060 DELL | $11,797 | $460,248 |
| 3862 EMN | $14,837 | $300,579 |
| 132054 XOM | $1,242,658 | $10,119,298 |
| 60000 F | $716,395 | $613,800 |
| 5000 FTV | $91,683 | $407,600 |
| 23000 GRMN | $905,491 | $1,835,400 |
| 10000 GSK | $77,163 | $400,200 |
| 2500 GS | $557,384 | $511,500 |
| 1504 GOOG | $386,360 | $1,625,689 |
| 1500 GOOGL | $387,631 | $1,624,200 |
| 13260 HCP | $167,925 | $424,055 |
| 52000 HPE | $75,405 | $777,400 |
| 52000 HPQ | $154,568 | $1,081,080 |
| 37920 HON | $616,974 | $6,620,453 |
| 274550 HRL | $394,531 | $10,135,000 |
| 3191 NGVT | $43,465 | $335,597 |
| 5000 INTC | $94,202 | $239,350 |
| 20800 JPM | $532,877 | $2,325,440 |
| 24000 JBL | $607,975 | $758,400 |
| 10000 JNJ | $616,868 | $1,392,800 |
| 4578 KEYS | $18,470 | $410,971 |
| 12000 KHC | $654,143 | $372,480 |
| 4166 LLY | $249,132 | $461,551 |
| 17000 LOW | $519,379 | $1,715,470 |
| 4000 MPC | $22,631 | $223,520 |
| 13699 MDT | $599,959 | $1,334,146 |
| 27460 MRK | $736,733 | $2,302,521 |
| 8000 MDLZ | $184,093 | $431,200 |
| 4300 MSI | $258,401 | $716,939 |
| 9162 NCR | $34,384 | $284,938 |
| 15000 NSRGY | $77,163 | $1,551,000 |
| 15000 NWN | $255,438 | $1,042,500 |
| 9000 NVS | $215,037 | $821,790 |
| 44081 NUAN | $107,733 | $703,974 |
| 21000 ORCL | $275,640 | $1,196,370 |
| 5400 ORLY | $151,869 | $1,994,328 |
| 7000 PAYX | $204,885 | $576,030 |
| 34617 PFE | $811,615 | $1,499,608 |
| 21143 PSX | $73,494 | $1,977,716 |
| 11393 PTC | $42,521 | $1,022,636 |
| 3000 RAYS# | $3,666 | $0 |
| 20000 SLB | $152,417 | $794,800 |
| 27684 SNPS | $61,023 | $3,562,654 |
| 26070 TMUS | $41,456 | $1,932,830 |
| 3870 TEL | $74,299 | $370,669 |
| 9162 TDC | $38,942 | $328,458 |
| 5500 TRV | $583,987 | $822,360 |
| 7000 UTX | $275,779 | $911,400 |
| 38379 USB | $363,485 | $2,011,060 |
| 80678 VZ | $1,861,141 | $4,609,134 |
| 50000 VSAT | $3,400 | $4,041,000 |
| 29256 VOD | $296,275 | $477,750 |
| 4200 WBA | $152,071 | $229,614 |
| 17194 WF | $298,026 | $813,620 |
| 19150 WRK | $400,941 | $698,401 |
| 7500 ZBH | $627,910 | $883,050 |
| 4000 IYF | $214,056 | $502,400 |
| 58000 ITOT | $2,270,604 | $3,864,540 |
| 40000 VB | $5,838,191 | $6,266,400 |
| 39000 VO | $5,969,223 | $6,519,240 |
| 2500 MMM | $510,570 | $433,350 |
| 6702 CVS | $540,952 | $365,192 |
| 1182 CI | $96,180 | $186,224 |
| 1800 ALC | $29,925 | $111,690 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BEECHWOOD BARTOW LLC | AT COST | $3,668,182 | $2,604,409 |
| UNIVERSITY HOTEL DEV | AT COST | $521,823 | $370,494 |
| BEECHWOOD LAKELAND | AT COST | $2,969,979 | $2,108,685 |
| BEECHWOOD PLAZA OSHKOSH | AT COST | $966,276 | $686,056 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 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 | $12,051 | $457,949 |
| CARAVAN N239JR | $1,475,000 | $158,036 | $1,316,964 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $4,429 | LegalFeesAmt |
| Net Investment Income | $664 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,765 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REDUCTION IN BASIS OF MARKETABLE SECURITIES REC'D IN 2017 FROM JAMES C RAY | Desc |
| Amt | $126,456 | 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 | $76,351 | $0 | $76,351 |
| BANK AND FILING FEES | $3,717 | $558 | $3,159 |
| PAYROLL SERVICE FEE | $1,723 | $398 | $1,325 |
| INSURANCE | $16,174 | $2,426 | $13,748 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Revenue And Expenses Per Books | $2,691 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,691 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,691 | AdjustedNetIncomeAmt |
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 | $98,432 | $0 | $0 |
| FOREIGN TAX PAID | $14,380 | $14,380 | $0 |
| PAYROLL TAXES | $31,877 | $6,080 | $25,797 |
Comments