HEAVENLY FATHERS FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- HEAVENLY FATHERS FOUNDATION (EIN 27-6987913)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-18
- IRS object ID
- 201901389349100100
- 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
- Accounting Fees Schedule
- Cash Distribution Expln Stmt
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-18T08:25:04-07:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752151816 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Victor K Munson CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6060 N Central Expwy Suite 560 | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75206 | 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 | 276987913 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Heavenly Fathers Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HEAV | BusinessNameControlTxt |
| Phone | 8178503600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 425 County Road 168 | AddressLine1Txt |
| City | Cisco | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76437 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dan H Wilks | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2019-05-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Victor K Munson | PreparerPersonNm |
| PTIN | P01215687 | PTIN |
| Phone | 2142372920 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $166,472,214 | 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 | $359,000 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $504,633 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $485,340 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $485,340 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $3,987,884 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,987,884 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $3,987,884 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $9,089,442 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $85,353,945 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $11,237,585 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,205,842 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,162,800 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $2,162,800 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $16,146,801 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $17,873,609 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $6,636,024 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $4,750 | AccountingFeesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $578,605 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $388,626 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $388,626 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $583,355 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $388,626 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $388,626 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $8,200,004 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $8,200,004 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $8,783,359 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $388,626 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $388,626 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $8,200,004 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $7,363,442 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $17,484,983 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $6,247,398 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,491,265 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,036,089 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,036,089 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $18,460,220 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,831,950 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,831,950 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $149,036,086 | CorporateStockBOYAmt |
| Corporate Stock EOY | $119,664,110 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $119,664,110 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,465,578 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $19,612,002 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $19,612,002 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $15,984,935 | OtherAssetsBOYAmt |
| Other Assets EOY | $21,328,063 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $21,328,063 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $189,438,084 | TotalAssetsBOYAmt |
| Total Assets EOY | $166,472,214 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $166,472,214 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $148,702,000 | CapitalStockBOYAmt |
| Capital Stock EOY | $149,061,000 | CapitalStockEOYAmt |
| Retained Earning BOY | $40,736,084 | RetainedEarningBOYAmt |
| Retained Earning EOY | $17,411,214 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $189,438,084 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $166,472,214 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $189,438,084 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $166,472,214 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $189,438,084 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $7,363,442 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1 | OtherIncreasesAmt |
| Subtotal | $196,801,527 | SubtotalAmt |
| Other Decreases | $30,329,313 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $166,472,214 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Publicly Traded Securities | P | 2017-07-01 | 2018-02-01 | $35,339,293 | $35,845,952 | -$506,659 | -$506,659 |
| Publicly Traded Securities | P | 2015-07-01 | 2018-07-01 | $50,014,652 | $38,270,408 | $11,744,244 | $11,744,244 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $11,237,585 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$506,659 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $7,759,548 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $165,087,252 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04700 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $7,816,488 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $158,645,496 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04927 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $7,529,901 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $158,873,752 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04740 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $7,933,829 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $169,310,058 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04686 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $5,214,090 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $148,198,493 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.03518 | DistributionYr5Rt |
| Total Distribution | 0.225712 | TotalDistributionRt |
| Average Distribution | 0.045142 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $185,937,731 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $8,393,601 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $174,850 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $8,568,451 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $8,700,004 | 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 | $174,850 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $174,850 | SubtotalAmt |
| Tax Based On Investment Income | $174,850 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $160,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $60,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $220,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $45,150 | OverpaymentAmt |
| Applied To ES Tax | $45,150 | AppliedToESTaxAmt |
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 | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | 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 | Yes (true) | 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 | Staci Wilks | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8178503600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 425 County Road 168 | AddressLine1Txt |
| City | Cisco | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76437 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|
| Dan H Wilks | ||||||
| 425 County Road 168 | Cisco | TX | 76437 | Trustee | 4.00 | $0 |
| Staci Wilks | ||||||
| 425 County Road 168 | Cisco | TX | 76437 | Trustee | 4.00 | $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 | $183,598,973 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,338,521 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,831,776 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $188,769,270 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $188,769,270 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,831,539 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $185,937,731 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,296,887 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $9,296,887 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $174,850 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $174,850 | TotalTaxAmt |
| Distributable Before Adj | $9,122,037 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $9,122,037 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $9,122,037 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $8,200,004 | ExpensesAndContributionsAmt |
| Set Aside Cash Distri Test | $500,000 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $8,700,004 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $174,850 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $8,525,154 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $9,122,037 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $8,098,673 | UndistributedIncomePYAmt |
| Qualifying Distributions | $8,700,004 | QualifyingDistributionsAmt |
| Applied To Year1 | $8,098,673 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $601,331 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $8,520,706 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Dan H Wilks | ContributingManagerNm |
| Contributing Manager | Staci Wilks | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See Schedule attached | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Various | AddressLine1Txt |
| City | Various | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76437 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | None | RecipientRelationshipTxt |
| Recipient Foundation Status | 501(c)(3) | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See attached | GrantOrContributionPurposeTxt |
| Amt | $8,200,004 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $8,200,004 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See Schedule attached | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Various | AddressLine1Txt |
| City | Various | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76437 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | None | RecipientRelationshipTxt |
| Recipient Foundation Status | 501(c)(3) | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See schedule attached | GrantOrContributionPurposeTxt |
| Amt | $500,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $500,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $504,633 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,987,884 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $9,089,442 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| Capital gains distr. | 14 | $2,144,229 |
| Other investment income | 14 | $61,613 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $15,787,801 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $15,787,801 | TotalIncomeProducingActyAmt |
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 | $4,750 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Cash Distribution Expln Stmt CashDistributionExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Cash Distribution Test:The amount of $ 500,000 set aside will be paid in 2019 and therefore within the specified time not to exceed more than 60 months after the end of the tax year.The 2018 tax year is the first/initial to record/claim an amount set aside for future distribution as a "qualified distribution". Therefore, the taxpayer is in compliance with regard to prior amounts set aside. | ExplanationTxt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Alternative investments | $15,885,626 | $18,496,251 | $18,496,251 |
| Building - Investment | $99,309 | $2,831,812 | $2,831,812 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Decrease in unrealized appreciation | Desc |
| Amt | $30,329,313 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Amortization of bond prem/disc | $1,039 | $292 | $292 |
| Brokerage fees | $232,464 | $232,464 | $232,464 |
| Federal income tax | $197,633 | ||
| Foreign tax withheld on dividend inc. | $119,441 | $119,441 | $119,441 |
| Miscellaneous investment exp. @ BNY | $28,028 | $36,429 | $36,429 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Capital gains distr. | $2,144,229 | $2,144,229 | $2,144,229 |
| Other investment income | $61,613 | $18,571 | $18,571 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rounding | Desc |
| Amt | $1 | Amt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| Matt and Julie Wilks | |||
| 124 Oak Vista | Aledo | TX | 76008 |
| Whitney Mechling | |||
| 411 CR 168 | Cisco | TX | 76437 |
| Cristen Wilks | |||
| 409 CR 1638 | Cisco | TX | 76437 |
| Dana Johnson | |||
| 413 CR 168 | Cisco | TX | 76437 |
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