BETA

RFS FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
RFS FOUNDATION (EIN 74-1949935)
Tax period
2017-09-01 to 2018-08-31
Filed
2019-02-15
IRS object ID
201900469349100310
Schema version
2017v2.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-02-15T13:14:31-08:00ReturnTs
Tax Period End2018-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN742581874PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Thompson Derrig & Craig PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11598 Copperfield PkwyAddressLine1Txt
CityCollege StationCityNm
State AbbreviationTXStateAbbreviationCd
ZIP778454674ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN741949935EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RFS FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRFSFBusinessNameControlTxt
Phone9797763278PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Wells Fargo Trust 3000 BriarcrestAddressLine1Txt
CityBryanCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77802ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRobert Schoolfieldco WellsPersonNm
Person TitleTrusteePersonTitleTxt
Signature2019-02-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDurwood Thompson JrCPA CFPPreparerPersonNm
PTINP00297281PTIN
Phone9792609696PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$99,111FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$130,100ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$341InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$341InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$341InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$130,441TotalRevAndExpnssAmt
Total Net Invst Incm$341TotalNetInvstIncmAmt
Total Adj Net Incm$341TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$530AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$530AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$74OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$74OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$604TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$604TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$52,240ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$52,240ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$52,844TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$604TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$52,240TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$77,597ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$341AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$21,514CashBOYAmt
Cash EOY$99,111CashEOYAmt
Cash EOYFMV$99,111CashEOYFMVAmt
Total Assets BOY$21,514TotalAssetsBOYAmt
Total Assets EOY$99,111TotalAssetsEOYAmt
Total Assets EOYFMV$99,111TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$21,514UnrestrictedBOYAmt
Unrestricted EOY$99,111UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$21,514TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$99,111TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$21,514TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$99,111TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$21,514TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$77,597ExcessRevenueOverExpensesAmt
Subtotal$99,111SubtotalAmt
Tot Net Ast Or Fund Balances EOY$99,111TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$52,240AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$35,290NetVlNoncharitableAssetsYr1Amt
Distribution Yr11.48031DistributionYr1Rt
Adjusted Qlfy Distri Yr2$52,240AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$16,361NetVlNoncharitableAssetsYr2Amt
Distribution Yr23.19296DistributionYr2Rt
Adjusted Qlfy Distri Yr3$52,240AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$23,043NetVlNoncharitableAssetsYr3Amt
Distribution Yr32.26707DistributionYr3Rt
Adjusted Qlfy Distri Yr4$52,240AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$41,288NetVlNoncharitableAssetsYr4Amt
Distribution Yr41.26526DistributionYr4Rt
Adjusted Qlfy Distri Yr5$52,640AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$37,336NetVlNoncharitableAssetsYr5Amt
Distribution Yr51.40990DistributionYr5Rt
Total Distribution9.615489TotalDistributionRt
Average Distribution1.923098AverageDistributionRt
Net Vl Noncharitable Assets$28,742NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$55,274AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$55,274AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$52,240QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Robert M SchoolfieldBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9797763278PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13000 BriarcrestAddressLine1Txt
CityBryanCityNm
State AbbreviationTXStateAbbreviationCd
ZIP778050913ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Robert Schoolfieldco Wells
Fargo Bank/3000 BriarcrestBryanTX778050913Trustee0.00$0
Amy Schoolfieldco Wells
Fargo Bank/3000 BriarcrestBryanTX778050913Trustee0.00$0
Marcia S Schoolfield Spellman
c/o Wells F Bk/3000 BriarcrestBryanTX778050913Trustee0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1RFS FOUNDATION MADE CONTRIBUTIONS TO 11 NON PROFIT ORGANIZATIONS - SEE STATEMENT #3Description1Txt
Expenses1$52,240Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$29,180AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$29,180TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$29,180AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$438CashDeemedCharitableAmt
Net Vl Noncharitable Assets$28,742NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,437MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,437MinimumInvestmentReturnAmt
Distributable Before Adj$1,437DistributableBeforeAdjAmt
Distributable Before Ded$1,437DistributableBeforeDedAmt
Distributable As Adjusted$1,437DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$52,240ExpensesAndContributionsAmt
Qualifying Distributions$52,240QualifyingDistributionsAmt
Adjusted Qualifying Distri$52,240AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,437DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$50,773ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$50,176ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$51,088ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$51,422ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$50,475ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$253,934TotalExcessDistributionCyovAmt
Qualifying Distributions$52,240QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,437AppliedToCurrentYearAmt
Remaining Distri From Corpus$50,803RemainingDistriFromCorpusAmt
Total Corpus$304,737TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$50,773ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$253,964ExcessDistriCyovToNextYrAmt
Excess From Year4$50,176ExcessFromYear4Amt
Excess From Year3$51,088ExcessFromYear3Amt
Excess From Year2$51,422ExcessFromYear2Amt
Excess From Year1$50,475ExcessFromYear1Amt
Excess From Current Year$50,803ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRobert Schoolfieldco WellsContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
WORLD VISION
POBOX 70200TACOMAWA98481NONE501(c)3MISSIONARY OUTREACH$240
WYCLIFFE BIBLE TRANSLATOR
POBOX 2727HUNINGTON BEACHCA92647NONE501(c)3MISSIONARY OUTREACH$2,800
THE NAVIGATORS
PO BOX 6000COLORADO SPRINGSCO80934NONE501(c)3MISSIONARY OUTREACH$12,000
INTERACT INTERNATIONAL
101 HWY 281 STE 301MARBLE FALLSTX78654NONE501(c)3MISSIONARY OUTREACH$4,000
INSTITUTE FOR JUSTICE
1717 PENNSYLVANIAWASHINGTONDC20006NONE501(c)3GENERAL OPERATING NEEDS$400
GREATER CALVARY RITES
6510 BURKMAN DRAUSTINTX78723NONE501(c)3GENERAL OPERATING NEEDS$2,000
MINSTRY CHALLENGE
PO BOX 6189AUSTINTX78762NONE501(c)3GENERAL OPERATING NEEDS$2,000
ENTRUST
PO BOX 25520COLORADO SPRINGSCO80936NONE501(C) 3GENERAL OP NEEDS$2,400
SERGE FORMERLY WORLD HARVEST
101 WEST AVE STE 305JENKINTOWNPA19046None501(c)3MISSIONARY OUTREACH$10,800
THE JUSTICE FOUNDATION
115 N LOOP 1604 E STE 2207SAN ANTONIOTX78232None501(C)3GENERAL OP NEEDS$12,000
WOMENS DEVELOPMENT TRACK
PO BOX 894COUER D ALENEID83816None501(C) 3PEER MENTORING$3,600
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$52,240TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$341ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$341ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$341TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonROBERT M SCHOOLFIELDContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1WELLS FARGO BK3000 BRIARCRESTAddressLine1Txt
CityBRYANCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77805ZIPCd
FieldValueIRS element (for citing)
Total Contributions$130,100TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$530Amt
Net Investment Income$530NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryTRUST DEPT FEESCategoryTxt
Amt$74Amt
Net Investment Income$74NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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