RAY FOUNDATION INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- RAY FOUNDATION INC (EIN 81-0288819)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-14
- IRS object ID
- 201911349349104086
- Schema version
- 2017v2.3
- 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
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-14T17:40:59-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 840972271 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFFERY J TEMPAS CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5856 S LOWELL BLVD 32-412 | AddressLine1Txt |
| City | LITTLETON | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80123 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | 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 | 3037983991 | PhoneNum |
| Signature | 2019-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN W YOCUM CPA | PreparerPersonNm |
| PTIN | P01060619 | PTIN |
| Phone | 3037983991 | PhoneNum |
| Preparation | 2019-05-14 | 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 | 2019-05-14 | IPDt |
| IP Tm | 16:35:38 | IPTm |
| IP Timezone | MD | 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 | 2017 | 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 | $186,463,819 | 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 | $12,542,584 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $249,667 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $249,667 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,508,178 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,508,178 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,215,299 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,220,937 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,215,299 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $987 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $987 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $17,516,715 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,974,131 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $335,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $67,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $267,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $6,964 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $55 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,845 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $57,082 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $64,844 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $20,888 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $80,743 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $569,421 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $67,500 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $267,500 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,792,077 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,792,077 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,361,498 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $67,500 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,059,577 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $14,155,217 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,906,631 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $113,108 | CashBOYAmt |
| Cash EOY | $138,169 | CashEOYAmt |
| Cash EOYFMV | $138,169 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $33,159,387 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $30,429,821 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $30,429,821 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $2,192,832 | AcctRcvblBOYAmt |
| Prepaid Expenses BOY | $7,240 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $28,000 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $28,000 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $41,440,283 | CorporateStockBOYAmt |
| Corporate Stock EOY | $43,074,801 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $148,931,866 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,106,990 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,465,963 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $485,414 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,414 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOY | $470,000 | LandEOYAmt |
| Land EOYFMV | $470,000 | LandEOYFMVAmt |
| Total Assets BOY | $76,912,850 | TotalAssetsBOYAmt |
| Total Assets EOY | $83,247,781 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $186,463,819 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $7,820,286 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $7,820,286 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $69,092,564 | CapitalStockBOYAmt |
| Capital Stock EOY | $83,247,781 | 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 | $69,092,564 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $83,247,781 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $76,912,850 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $83,247,781 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $69,092,564 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $14,155,217 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $83,247,781 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $83,247,781 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 8098 SHS ACCO | D | 2017-03-28 | 2017-07-13 | $96,280 | $59,683 | $36,597 | $36,597 |
| 2678 SHS ACXM | D | 2017-03-28 | 2018-01-29 | $72,841 | $12,573 | $60,268 | $60,268 |
| 369 SHS ADIENT | D | 2017-03-28 | 2017-07-13 | $25,302 | $17,190 | $8,112 | $8,112 |
| 1105 SHS ASIX | D | 2017-03-28 | 2017-07-13 | $36,139 | $1,201 | $34,938 | $34,938 |
| 673 SHS AA | D | 2017-03-28 | 2017-07-13 | $23,871 | $8,558 | $15,313 | $15,313 |
| 2021 SHS ARNC | D | 2017-03-28 | 2017-07-13 | $49,126 | $23,462 | $25,664 | $25,664 |
| 27000 SHS T | D | 2017-03-28 | 2018-01-16 | $990,637 | $233,774 | $756,863 | $756,863 |
| 2712 SHS CBS | D | 2017-03-28 | 2018-01-29 | $160,736 | $35,579 | $125,157 | $125,157 |
| 2000 SHS CHRW | D | 2017-03-28 | 2018-01-29 | $193,452 | $99,406 | $94,046 | $94,046 |
| 11385 SHS XOM | D | 2017-03-28 | 2018-01-16 | $983,730 | $107,135 | $876,595 | $876,595 |
| 3310 SHS FCX | D | 2017-03-28 | 2018-01-16 | $64,462 | $129,127 | -$64,665 | -$64,665 |
| 1387 SHS FTR | D | 2017-03-28 | 2017-07-13 | $18,412 | $53,375 | -$34,963 | -$34,963 |
| 33800 SHS GE | D | 2017-03-28 | 2018-01-16 | $649,798 | $730,605 | -$80,807 | -$80,807 |
| 13158 SHS KMI | D | 2017-03-28 | 2018-01-16 | $249,525 | $546,518 | -$296,993 | -$296,993 |
| FRAC SH MFGP | D | 2017-03-28 | 2017-09-19 | $31 | $3 | $28 | $28 |
| FRAC SH PRSP | D | 2017-03-28 | 2018-06-06 | $23 | $23 | $23 | |
| 2000 SHS RS | D | 2017-03-28 | 2018-01-29 | $181,736 | $93,056 | $88,680 | $88,680 |
| 2500 SHS SNN | D | 2017-03-28 | 2018-01-29 | $93,119 | $44,858 | $48,261 | $48,261 |
| 13610 SHS S | D | 2017-03-28 | 2017-07-13 | $111,436 | $58,738 | $52,698 | $52,698 |
| 2712 SHS VIAB | D | 2017-03-28 | 2018-01-29 | $89,571 | $54,200 | $35,371 | $35,371 |
| 6356 SHS WAFD | D | 2017-03-28 | 2018-01-29 | $230,710 | $26,597 | $204,113 | $204,113 |
| LP INT IN PAINE FIELD HOTEL DEV | D | 2017-03-28 | 2018-06-30 | $1,900,000 | $2,670,000 | -$770,000 | -$770,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,215,299 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $145,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $65,414,832 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.002217 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,592,790 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $23,103,298 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.155510 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $4,404,240 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $23,690,218 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.185910 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,688,071 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $20,543,502 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.082171 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $395,803 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $17,440,526 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.022694 | DistributionYr5Rt |
| Total Distribution | 0.448502 | TotalDistributionRt |
| Average Distribution | 0.089700 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $177,321,328 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $15,905,723 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $49,066 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $15,954,789 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,059,577 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $98,133 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $98,133 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $98,133 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $28,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $90,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $118,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $19,867 | OverpaymentAmt |
| Applied To ES Tax | $19,867 | 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 |
| 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 |
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 | $225,000 | $0 | $0 |
| JEFFERY J TEMPAS | ||||||||
| 5856 S LOWELL BLVD 32-412 | LITTLETON | CO | 80123 | TREASURER/DIRECTOR | 16.00 | $55,000 | $0 | $0 |
| THEODORE H BROUSSEAU | ||||||||
| 100 AVIATION DRIVE SOUTH 203 | NAPLES | FL | 34104 | SECRETARY/DIRECTOR | 16.00 | $55,000 | $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 | $144,399,036 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $28,686,654 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,935,963 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $180,021,653 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $2,641,027 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $180,021,653 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,700,325 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $177,321,328 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $8,866,066 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $8,866,066 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $98,133 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $98,133 | TotalTaxAmt |
| Distributable Before Adj | $8,767,933 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $8,767,933 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $8,767,933 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,059,577 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,059,577 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,059,577 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $8,767,933 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $800,704 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,452,045 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $3,252,749 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,059,577 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,059,577 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $3,252,749 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $3,252,749 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $2,455,607 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
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 (23 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 |
| AVIATION EDUCATION FOUNDATION | |||||||
| 100 AVIATION DRIVE SOUTH STE 203 | NAPLES | FL | 34104 | NONE | PRIVATE FOUNDATION | OPERATING SUPPORT | $100,000 |
| AVIATION EDUCATION FOUNDATION | |||||||
| 100 AVIATION DRIVE SOUTH STE 203 | NAPLES | FL | 34104 | NONE | PRIVATE FOUNDATION | OPERATING SUPPORT | $50,000 |
| AOPA AIR SAFETY FOUNDATION | |||||||
| 421 AVIATION WAY | FREDERICK | MD | 21701 | NONE | PUBLIC CHARITY | SUPPORT FOR 'YOU CAN FLY' PROGRAM | $1,000,000 |
| AOPA AIR SAFETY FOUNDATION | |||||||
| 421 AVIATION WAY | FREDERICK | MD | 21701 | NONE | PUBLIC CHARITY | FLIGHT SCHOLARSHIPS | $100,000 |
| NAPLES ART ASSOCIATION | |||||||
| 585 PARK STREET | NAPLES | FL | 34102 | NONE | PUBLIC CHARITY | COLLEGE SCHOLARSHIP PROGRAM | $10,000 |
| SOUTHEASTERN GUIDE DOGS | |||||||
| 4210 77TH STREET EAST | PALMETTO | FL | 34221 | NONE | PUBLIC CHARITY | OPERATING BUDGET SUPPORT | $250,000 |
| THE HERITAGE FOUNDATION | |||||||
| 214 MASSACHUSETTS AVE NE | WASHINGTON | DC | 20002 | NONE | PUBLIC CHARITY | INTERNSHIPS | $30,000 |
| COMMUNITY FOUNDATION OF COLLIER COUNTY | |||||||
| 1110 PINE RIDGE ROAD STE 200 | NAPLES | FL | 34108 | NONE | PUBLIC CHARITY | JAMES C RAY SCHOLARSHIP FUNDING | $100,000 |
| EXPERIMENTAL AIRCRAFT ASSOCIATION | |||||||
| 3000 POBEREZNY ROAD | OSHKOSH | WI | 54902 | NONE | PUBLIC CHARITY | KIDVENTURE OPERATING SUPPORT | $40,000 |
| EAGLE SPORT AVIATION CLUB | |||||||
| 3183 ROYAL BIRKDALE WAY | PORT ORANGE | FL | 32128 | NONE | PUBLIC CHARITY | AIRCRAFT ACQUISITION SUPPORT | $20,000 |
| UNIVERSITY OF ND ALUMNI ASSOCIATION FOUNDATION | |||||||
| 3501 UNIVERSITY AVE STOP 8157 | GRAND FORKS | ND | 58202 | NONE | PUBLIC CHARITY | JAMES C RAY FRESHMAN SCHOLARSHIP FUND | $500,000 |
| 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 AND OPERATING SUPPORT | $54,167 |
| COLLIER COUNTY PUBLIC SCHOOLS | |||||||
| 5775 OSCEOLA TRAIL | NAPLES | FL | 34109 | NONE | PUBLIC CHARITY | OPERATING SUPPORT AVIATION CURRICULUM | $158,310 |
| DC YOUTH AVIATION | |||||||
| 1443 ROCK CREEK FORD ROAD NW | WASHINGTON | DC | 20011 | NONE | PUBLIC CHARITY | MATCHING GRANT AIRCRAFT RESTORATION PROJECT | $10,000 |
| CITIZEN'S FOSTER CARE REVIEW BOARD | |||||||
| PO BOX 10746 | NAPLES | FL | 34101 | NONE | PUBLIC CHARITY | OPERATING GRANT | $5,000 |
| SUN-N-FUN | |||||||
| 4175 MEDULLA ROAD | LAKELAND | FL | 33811 | NONE | PUBLIC CHARITY | OPERATING GRANT | $1,600 |
| MIRACLES FOR MITO | |||||||
| 789 SHERMAN STREER STE 250 | DENVER | CO | 80203 | NONE | PUBLIC CHARITY | BIKE PROJECT GRANT | $10,000 |
| CHILDREN'S HOSPITAL COLORADO FOUNDATION | |||||||
| 13123 E 16TH AVE BOX 045 | AURORA | CO | 80045 | NONE | PUBLIC CHARITY | RESEARCH GRANT MITOCHONDRIAL DISEASE | $40,000 |
| WINGS OVER THE ROCKIES | |||||||
| 13005 WINGS WAY | ENGLEWOOD | CO | 80112 | NONE | PUBLIC CHARITY | TEACHER FLIGHT PROGRAM SUPPORT GRANT | $150,000 |
| TEENS IN FLIGHT | |||||||
| 13 CHADWICK CT | PALM COAST | FL | 32137 | NONE | PUBLIC CHARITY | OPERATING GRANT | $10,000 |
| EAA CHAPTER 1240 | |||||||
| 1 LOCKWOOD LANE | SEBRING | FL | 33870 | NONE | PUBLIC CHARITY | EDUCATION PROGRAM OPERATING SUPPORT | $12,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,792,077 | 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 | $249,667 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,508,178 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $987 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,215,299 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,974,131 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,974,131 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| ESTATE OF JAMES C RAY | |||||||
| 1 | 100 AVIATION DRIVE SOUTH STE 203 | NAPLES | FL | 34104 | $10,692,014 | Yes (X) | |
| JAMES C RAY 71891 CRUT | |||||||
| 2 | 100 AVIATION DRIVE SOUTH STE 203 | NAPLES | FL | 34104 | $1,850,570 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | INTEREST IN LIMITED PARTNERSHIP HELD BY DECEDENT INTEREST IN REAL ESTATE HELD BY DECEDENT. | NoncashPropertyDesc |
| Fair Market Value | $10,692,014 | FairMarketValueAmt |
| Received | 2018-06-01 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX RETURN PREPARATION | CategoryTxt |
| Amt | $3,845 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART XV, LINES 2B, 2C, 2D | FormAndLineReferenceDesc |
| Medium Explanation | 2B - THE FOUNDATION RECOMMENDS THAT AN APPLICANT INITIALLY SEND A BRIEF LETTER, NOT TO EXCEED TWO PAGES, SUMMARIZING THE GRANT REQUEST CONCEPT. THE FOUNDATION WILL UTILIZE THIS LETTER IN AN INITIAL SCREENING PROCESS. THE LETTER SHOULD CONTAIN THE FOLLOWING:1. THE EXACT NAME OF THE APPLICANT - AS RECOGNIZED BY THE INTERNAL REVENUE SERVICE.2. THE APPLICANT'S ADDRESS AND TELEPHONE NUMBER.3. DATE OF THE APPLICATION.4. NATURE, HISTORY, AND PURPOSE OF APPLICANT'S ORGANIZATION. 5. APPLICANT'S TAX EXEMPT STATUS. 6. BRIEF GENERAL DESCRIPTION OF THE APPLICANT'S NEED OR PROBLEM TO BE ADDRESSED. 7. BRIEF PRELIMINARY BUDGET FOR THE PROJECT, INCLUDING THE AMOUNT TO BE REQUESTED FROM THE FOUNDATION, AND PROPOSED SOURCES AND AMOUNTS OF OTHER FUNDING. 8. PLANS FOR COOPERATING WITH OTHER INSTITUTIONS AND ORGANIZATIONS, IF ANY.9. SIGNATURE AND TITLE OF APPLICANT'S PROJECT DIRECTOR AND CHIEF ADMINISTRATIVE OFFICER (PRESIDENT, EXECUTIVE DIRECTOR, OR OTHER) INDICATING ORGANIZATIONAL APPROVAL OF REQUEST. 2C - THE FOUNDATION HAS NO SUBMISSION DEADLINES. REQUESTS WILL BE CONSIDERED BY THE FOUNDATION AS RECEIVED AND PRESENTED TO THE FOUNDATION BOARD FOR ITS CONSIDERATION AT A REGULARLY SCHEDULED OR SPECIAL MEETING, AS APPROPRIATE. 2D - THE RAY FOUNDATION CONSIDERS A NUMBER OF PARAMETERS IN ITS GRANTMAKING ACTIVITIES. IT IS NOT PRACTICAL TO DETAIL ALL OF THESE CONSIDERATIONS; HOWEVER, THE FOLLOWING CONDITIONS DO APPLY TO ALL APPLICANTS. 1. APPLICANT ORGANIZATIONS MUST BE CLASSIFIED 501(C)(3) BY THE INTERNAL REVENUE SERVICE. 2. THE FOUNDATION WISHES TO ENCOURAGE CREATIVITY, RESPONSIBILITY, AND SELF-RELIANCE ON THE PART OF GRANT PARTICIPANT. 3. THE FOUNDATION HAS A PARTICULAR INTEREST IN AVIATION AND THE DEVELOPMENT OF STRATEGIES AND PROGRAMS WHICH ADDRESS THE INVOLVEMENT AND EDUCATION OF CHILDREN AND YOUNG ADULTS IN AVIATION AND FLIGHT. 4. THE FOUNDATION DOES NOT LIMIT APPLICANTS TO A PARTICULAR GEOGRAPHIC AREA. 5. THE FOUNDATION BOARD OF DIRECTORS MEETS AS NEEDED THROUGHOUT THE YEAR AS WELL AS IN JULY FOR THEIR ANUAL MEETING. APPLICATIONS ARE CONSIDERED AS THEY ARE RECEIVED. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (95 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 8000 AET | $69,500 | $1,468,000 |
| 9152 A | $51,918 | $565,960 |
| 8055 AKAM | $4,014 | $589,868 |
| 18100 AABA | $317,693 | $1,325,101 |
| 2352 ALVR | $29,625 | $12 |
| 12000 AXP | $848,195 | $1,176,000 |
| 20244 APA | $156,900 | $946,407 |
| 62960 AAPL | $1,417,045 | $11,654,526 |
| 311000 T | $3,326,933 | $9,986,210 |
| 2989 AZO | $32,764 | $2,005,410 |
| 35716 BAC | $841,735 | $1,006,834 |
| 1500 BDX | $284,344 | $359,340 |
| 5000 BA | $208,254 | $1,677,550 |
| 40000 BP | $659,279 | $1,826,400 |
| 14000 BMY | $658,484 | $774,760 |
| 4000 CAH | $163,294 | $195,320 |
| 7000 CAT | $262,851 | $949,690 |
| 36012 CHV | $615,760 | $4,552,997 |
| 15714 CIEN | $52,545 | $416,578 |
| 26512 CSCO | $127,056 | $1,140,811 |
| 6000 C | $502,831 | $401,520 |
| 9980 KO | $250,378 | $437,723 |
| 174214 CMCSA | $1,543,561 | $5,715,961 |
| 42286 COP | $233,079 | $2,943,951 |
| 10000 DHR | $294,686 | $986,800 |
| 5015 DVMT | $11,797 | $424,169 |
| 4800 DPS | $41,921 | $585,600 |
| 4466 DXC | $43,134 | $360,004 |
| 3862 EMN | $14,837 | $386,046 |
| 6979 EXQNF | $47,809 | $17,448 |
| 4859 ESRX | $97,450 | $375,163 |
| 132054 XOM | $1,242,658 | $10,924,827 |
| 60000 F | $716,395 | $664,200 |
| 5000 FTV | $91,683 | $385,550 |
| 4690 FCX | $182,962 | $80,949 |
| 23000 GRMN | $905,491 | $1,403,000 |
| 10000 GSK | $77,163 | $403,100 |
| 2500 GS | $557,384 | $551,425 |
| 1504 GOOG | $386,360 | $1,677,938 |
| 1500 GOOGL | $387,631 | $1,693,785 |
| 13260 HCP | $167,925 | $342,373 |
| 52000 HPE | $67,770 | $759,720 |
| 52000 HPQ | $154,568 | $1,179,880 |
| 37920 HON | $645,868 | $5,462,376 |
| 274550 HRL | $433,274 | $10,216,006 |
| 3191 NGVT | $43,465 | $258,024 |
| 5000 INTC | $94,202 | $248,550 |
| 20800 JPM | $532,877 | $2,167,360 |
| 8400 JBL | $150,612 | $232,344 |
| 10000 JNJ | $616,868 | $1,213,400 |
| 3695 JCI | $50,151 | $123,598 |
| 4578 KEYS | $19,019 | $270,121 |
| 4000 KHC | $181,682 | $251,280 |
| 4166 LLY | $249,132 | $355,485 |
| 17000 LOW | $519,379 | $1,624,690 |
| 4000 MPC | $22,631 | $280,640 |
| 13699 MDT | $599,959 | $1,172,771 |
| 27460 MRK | $736,733 | $1,666,822 |
| 8000 MDLZ | $188,332 | $328,000 |
| 4300 MSI | $258,401 | $500,391 |
| 9162 NCR | $34,384 | $274,677 |
| 15000 NSRGY | $77,163 | $1,161,450 |
| 15000 NWN | $255,438 | $957,000 |
| 9000 NVS | $244,963 | $679,860 |
| 44081 NUAN | $107,733 | $612,065 |
| 21000 ORCL | $270,200 | $925,260 |
| 5400 ORLY | $151,869 | $1,477,278 |
| 7000 PAYX | $204,885 | $478,450 |
| 928 PNR | $11,942 | $39,050 |
| 34617 PFE | $811,615 | $1,255,905 |
| 21143 PSX | $73,494 | $2,374,570 |
| 11393 PTC | $42,521 | $1,068,777 |
| 3000 RAYS# | $3,666 | $0 |
| 20000 SLB | $152,417 | $1,340,600 |
| 27684 SNPS | $61,023 | $2,368,920 |
| 26070 TMUS | $41,456 | $1,557,683 |
| 3870 TEL | $74,299 | $348,532 |
| 9162 TDC | $38,942 | $367,854 |
| 5500 TRV | $583,987 | $672,870 |
| 7000 UTX | $275,779 | $875,210 |
| 38379 USB | $363,485 | $1,919,718 |
| 80678 VZ | $1,861,141 | $4,058,910 |
| 63485 VSAT | $4,317 | $4,172,234 |
| 29256 VOD | $296,275 | $711,213 |
| 4200 WBA | $152,071 | $252,063 |
| 17194 WF | $298,026 | $953,235 |
| 19150 MWV | $400,941 | $1,091,933 |
| 7500 ZBH | $627,910 | $835,800 |
| 4000 IYF | $214,056 | $468,760 |
| 41800 ITOT | $1,286,530 | $2,613,336 |
| 35250 VB | $5,053,803 | $5,487,368 |
| 33000 VO | $4,972,463 | $5,202,120 |
| 928 NVT | $5,989 | $23,293 |
| 2500 MMM | $510,570 | $491,800 |
| 7140 MFGP | $19,201 | $123,308 |
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 | $4,248,990 | $3,016,783 |
| UNIVERSITY HOTEL DEV | AT COST | $618,000 | $438,780 |
| BEECHWOOD LAKELAND | AT COST | $3,220,000 | $2,286,200 |
| BEECHWOOD PLAZA OSHKOSH | AT COST | $1,020,000 | $724,200 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 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 | $0 | $470,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $55 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $20,910 | $0 | $0 |
| FILING FEES | $123 | $0 | $0 |
| PAYROLL SERVICE FEE | $1,661 | $0 | $0 |
| CUSTODIAL ACCOUNT FEE | $58,049 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Revenue And Expenses Per Books | $987 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $987 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $987 | 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 | $24,443 | $0 | $0 |
| FOREIGN TAX PAID | $9,588 | $0 | $0 |
| PAYROLL TAXES | $23,051 | $0 | $0 |
Comments