THE LEDBETTER FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- THE LEDBETTER FAMILY FOUNDATION (EIN 46-3406022)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-14
- IRS object ID
- 201923189349102667
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-14T13:58:51-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134008324 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2121 N PEARL STREET SUITE 2000 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463406022 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LONNIE AND SAUNDRA LEDBETTER FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LONN | BusinessNameControlTxt |
| Phone | 8177139767 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3612 LAKE POWELL DRIVE | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76016 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LONNIE LEDBETTER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8177139767 | PhoneNum |
| Signature | 2019-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN COLLINS III | PreparerPersonNm |
| PTIN | P00855492 | PTIN |
| Phone | 2149991400 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 155.201.43.82 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-12 | IPDt |
| IP Tm | 17:20:30 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 43D31B1A87F4148B829B3F6EE7F010739DBDCF7C | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,728,634 | 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 | $7,560 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $182,362 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $182,362 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $81,412 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,525,509 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $81,412 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,366 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $272,700 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $263,774 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $21,985 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $17,780 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,205 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $45,119 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,407 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $77,861 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $63,110 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,751 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $144,965 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $84,297 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $18,956 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $770,536 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $770,536 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $915,501 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $84,297 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $789,492 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$642,801 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $179,477 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,603,795 | CashBOYAmt |
| Cash EOY | $188,047 | CashEOYAmt |
| Cash EOYFMV | $188,047 | CashEOYFMVAmt |
| Corporate Stock BOY | $1,400,075 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,775,427 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,775,427 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $803,260 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,203,399 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,203,399 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,406,775 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $561,761 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $561,761 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $8,213,905 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,728,634 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,728,634 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $153,066 | AccountsPayableBOYAmt |
| Other Liabilities BOY | -$5,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $148,066 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $1,000 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,000 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $8,064,839 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,727,634 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,065,839 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,728,634 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,213,905 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,728,634 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,065,839 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$642,801 | ExcessRevenueOverExpensesAmt |
| Other Increases | $135,565 | OtherIncreasesAmt |
| Subtotal | $7,558,603 | SubtotalAmt |
| Other Decreases | $829,969 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,728,634 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| LONG-TERM CAPITAL GAINS DISTRIBUTION | P | $79,911 | $79,911 | $79,911 | |||
| LONG-TERM CAPITAL GAIN | P | $490,217 | $58,275 | $58,275 | 2017-01-01 | 2018-12-31 | $431,942 |
| SHORT-TERM CAPITAL GAIN | P | $955,012 | -$57,143 | -$57,143 | 2018-01-01 | 2018-12-31 | $1,012,155 |
| CHARLES SCHWAB SHORT TERM CAPITAL GAIN | P | $369 | $369 | $369 | 2018-01-01 | 2018-12-31 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $81,412 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$56,774 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,204,345 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $5,159,431 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.233426 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $271,691 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,846,750 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.070629 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $29,845 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $4,471,461 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.006675 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $12,376 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,464,228 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.008452 | DistributionYr4Rt |
| Total Distribution | 0.319182 | TotalDistributionRt |
| Average Distribution | 0.079796 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,422,683 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $592,300 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,795 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $594,095 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $789,492 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $1,795 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,795 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,795 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $4,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $4,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $74 | EsPenaltyAmt |
| Overpayment | $2,131 | OverpaymentAmt |
| Applied To ES Tax | $2,131 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | LONNIE K LEDBETTER | IndividualWithBooksNm |
| Phone | 8177139767 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 171043 | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76003 | 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 |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| LONNIE K LEDBETTER | ||||||||
| 3612 LAKE POWELL DRIVE | ARLINGTON | TX | 76016 | PRESIDENT, DIRECTOR | 1.00 | $0 | $0 | $0 |
| SAUNDRA L LEDBETTER | ||||||||
| 3612 LAKE POWELL DRIVE | ARLINGTON | TX | 76016 | SECRETARY, DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $7,434,772 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $100,947 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,535,719 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,535,719 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $113,036 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,422,683 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $371,134 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $371,134 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,795 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,795 | TotalTaxAmt |
| Distributable Before Adj | $369,339 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $369,339 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $369,339 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $789,492 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $789,492 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,795 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $787,697 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $369,339 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $904,765 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $904,765 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $789,492 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $369,339 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $420,153 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,324,918 | 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 | $1,324,918 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $904,765 | ExcessFromYear1Amt |
| Excess From Current Year | $420,153 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | LONNIE K LEDBETTER | ContributingManagerNm |
| Contributing Manager | SAUNDRA L LEDBETTER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ACTON BAPTIST CHURCH | ||||||
| 3500 FALL CREEK HWY | GRANBURY | TX | 76049 | PC | TO PROVIDE A WORSHIP EXPERIENCE THAT ALLOWS VISITORS AND MEMBERS TO HAVE AN EXCITING EXPERIENCE WITH THE HOLY SPIRIT. | $10,000 |
| AMERICAN PAINT HORSE FOUNDATION | ||||||
| PO BOX 960123 | FORT WORTH | TX | 76161 | PC | TO COLLECT, RECORD, AND PRESERVE THE PEDIGREES OF AMERICAN PAINT HORSES, AND TO STIMULATE AND REGULATE ALL MATTERS PERTAINING TO PROMOTION, HISTORY, BREEDING, AND EXHIBITION OF THIS BREED. | $20,400 |
| TEXAS HEALTH RESOURCES | ||||||
| 612 E LAMAR BLVD SUITE 300 | ARLINGTON | TX | 76011 | PC | TEXAS HEALTH RESOURCES CONTRIBUTES TO IMPROVE THE HEALTH AND WELL-BEING OF PATIENTS IN THE COMMUNITY. | $100,000 |
| BLUEBONNET EQUINE HUMANE SOCIETY | ||||||
| PO BOX 632 | COLLEGE STATION | TX | 77841 | NC | TO IMPROVE THE LIVES OF EQUINES BY EDUCATING AND HELPING OWNERS, ASSISTING LAW ENFORCEMENT AGENCIES, REHABILITATING ABUSED AND NEGLECTED EQUINES, AND PLACING THEM INTO SAFE HOMES. | $7,000 |
| FIRST BAPTIST CHURCH | ||||||
| 305 EAST THIRD STREET | LANCASTER | TX | 75146 | PC | TO PROVIDE A WORSHIP EXPERIENCE THAT ALLOWS VISITORS AND MEMBERS TO HAVE AN EXCITING EXPERIENCE WITH THE HOLY SPIRIT. | $20,000 |
| FIRST LIBERTY | ||||||
| 2001 W PLANO PARKWAY SUITE 1600 | PLANO | TX | 75075 | PC | FIRST LIBERTY ARE ATTORNEYS THAT DEFEND VICTIMS OF RELIGIOUS DISCRIMINATION. | $2,500 |
| SCOTTISH RITE HOSPITAL | ||||||
| 2222 WELBORN STREET | DALLAS | TX | 75219 | PC | TO HELP IMPROVE THE LIVES OF CHILDREN BY PROVIDING QUALITY CARE FOR ORTHOPEDIC AND RELATED NEURODEVELOPMENTAL AND MUSCULOSKELETAL CONDITIONS AS WELL AS SPECIFIC LEARNING DISORDERS | $169,936 |
| HEAD AND NECK CANCER ALLIANCE | ||||||
| PO BOX 26188 | CHARLESTON | NC | 29413 | NC | NON-PROFIT ORGANIZATION THAT WORKS WITH HEALTH PROFESSIONALS, ORGANIZATIONS, CELEBRITIES, AND SURVIVORS TO ENHANCE THE OVERALL EFFORT IN PREVENTION, TREATMENT, AND DETECTION OF CANCERS OF THE HEAD AND NECK REGION. | $200 |
| GLADNEY CENTER FOR ADOPTION | ||||||
| 6300 JOHN RYAN DRIVE | FORT WORTH | TX | 76132 | PC | PROVIDES ADOPTION AND ADVOCACY SERVICES FOR ORPHANS | $165,000 |
| GLOBAL ORPHAN PROJECT | ||||||
| 3161 WYANDOTTE STREET | KANSAS CITY | MO | 64111 | PC | CONNECTING A GLOBAL FAMILY OF PEOPLE UNITED BY A SHARED VISION TO CARE FOR CHILDREN THE WORLD HAS LEFT BEHIND AND PREVENT CHILD ABANDONMENT. | $100,000 |
| RANGER AIRFIELD FOUNDATION | ||||||
| 400 W MAIN | RANGER | TX | 76470 | PC | MAINTAIN RANGER AIRFIELD AND PRESERVE A PIECE OF EARLY AVIATION HISTORY | $150,000 |
| AERO ANGEL | ||||||
| 1550 LARIMER STREET 899 | DENVER | CO | 80027 | PC | TO PROVIDE FREE, LIFE-SAVING MEDICAL FLIGHTS FOR REALLY SICK KIDS WHO HAVE NO OTHER WAY TO ACCES DISTANT MEDICAL CARE. | $25,000 |
| LAMB & LION MINISTRIES | ||||||
| PO BOX 919 | MCKINNEY | TX | 75070 | PC | EDUCATING AND MINISTERING TO PEOPLE ABOUT THE SOON RETURN OF JESUS CHRIST | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $770,536 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $182,362 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 41 | ExclusionCd |
| Exclusion | $1,366 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $81,412 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $265,140 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $265,140 | 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 Person | LONNIE AND SAUNDRA LEDBETTER | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 171043 | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $7,560 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $21,985 | Amt |
| Net Investment Income | $17,780 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,205 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | BOND FUNDS | BondNm |
| EOY Book Value | $1,203,399 | EOYBookValueAmt |
| EOYFMV | $1,203,399 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITY FUNDS | StockNm |
| EOY Book Value | $4,775,427 | EOYBookValueAmt |
| EOYFMV | $4,775,427 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OTHER SECURITIES | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $561,761 | BookValueAmt |
| EOYFMV | $561,761 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED GAIN/LOSS | Desc |
| Amt | $829,969 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MANAGEMENT FEES | $750 | $750 | $0 | $0 |
| BUSINESS MANAGEMENT FEES | $77,111 | $62,360 | $0 | $14,751 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $1,366 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CUMULATIVE PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $135,565 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GRANT TO SCHWAB CHARITABLE DA | Desc |
| BOY Book Value | -$5,000 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES PAID | $3,407 | $3,407 | $0 | $0 |
| FEDERAL INCOME TAX | $41,712 | $0 | $0 | $0 |
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