BETA

THE MARGARET AND AL HILL FAMILY: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
THE MARGARET AND AL HILL FAMILY (EIN 75-6010533)
Tax period
2018-03-01 to 2019-02-28
Filed
2019-06-11
IRS object ID
201941629349100624
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-06-11T15:16:12-05:00ReturnTs
Tax Period End2019-02-28TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750786316PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEAVER & TIDWELL LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12300 N FIELD ST STE 1000AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75201ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-03-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN756010533EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MARGARET AND AL HILL FAMILYBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMARGBusinessNameControlTxt
Phone2149221100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12001 ROSS AVENUE NO 4600AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75201ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLYDA HILLPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2149221100PhoneNum
Signature2019-06-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRYAN B FUNKPreparerPersonNm
PTINP01249926PTIN
Phone9724901970PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address174.47.139.16IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-06-07IPDt
IP Tm16:07:34IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id156379E830DA90E450AA26A0587AD20B8B0D98EFAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$6,323,134FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$114,572DividendsRevAndExpnssAmt
Dividends Net Invst Incm$114,572DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$72,360NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$263,863GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$72,360CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$186,932TotalRevAndExpnssAmt
Total Net Invst Incm$186,932TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$250AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$250AccountingFeesChrtblPrpsAmt
Interest Rev And Expnss$86InterestRevAndExpnssAmt
Interest Net Invst Incm$86InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl$0InterestDsbrsChrtblAmt
Other Expenses Rev And Expnss$3,233OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$3,233OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$3,819TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,569TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$250TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$285,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$285,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$288,819TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,569TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$285,250TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$101,887ExcessRevenueOverExpensesAmt
Net Investment Income$183,363NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$30,737SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$115,289SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$115,289SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$4,497,731CorporateStockBOYAmt
Corporate Stock EOY$4,497,731CorporateStockEOYAmt
Corporate Stock EOYFMV$6,207,845CorporateStockEOYFMVAmt
Land BOY$1,837LandBOYAmt
Land EOY$0LandEOYAmt
Land EOYFMV$0LandEOYFMVAmt
Other Assets BOY$88,207OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$4,618,512TotalAssetsBOYAmt
Total Assets EOY$4,613,020TotalAssetsEOYAmt
Total Assets EOYFMV$6,323,134TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$4,618,512RetainedEarningBOYAmt
Retained Earning EOY$4,613,020RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,618,512TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,613,020TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,618,512TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,613,020TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,618,512TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$101,887ExcessRevenueOverExpensesAmt
Other Increases$96,395OtherIncreasesAmt
Subtotal$4,613,020SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$4,613,020TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
SECTION 49, BLOCK 8 - PECOS COUNTY TXP2017-06-012018-07-11$120,000$1,837$118,163$118,163
LIQUIDATION OF VALUE PARTNERS, LTD. INVESTMENTP2011-07-152018-08-21$135,554$189,666-$54,112-$54,112
FROM VALUE PARTNERS, LTD. K-1P$8,309$8,309$8,309
FieldValueIRS element (for citing)
Capital Gain Net Income$72,360CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$284,105AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$5,926,980NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.047934DistributionYr1Rt
Adjusted Qlfy Distri Yr2$268,446AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$5,238,460NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.051245DistributionYr2Rt
Adjusted Qlfy Distri Yr3$265,353AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$5,180,920NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.051217DistributionYr3Rt
Adjusted Qlfy Distri Yr4$240,250AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$5,476,202NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.043872DistributionYr4Rt
Adjusted Qlfy Distri Yr5$180,625AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$4,925,333NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.036673DistributionYr5Rt
Total Distribution0.230941TotalDistributionRt
Average Distribution0.046188AverageDistributionRt
Net Vl Noncharitable Assets$6,322,397NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$292,019AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,834NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$293,853AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$285,250QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,667InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$3,667SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$3,667TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,704EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$3,704TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$37OverpaymentAmt
Applied To ES Tax$37AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateCOOrgReportOrRegisterStateCd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksFRANK MACKEYIndividualWithBooksNm
Phone2149221100PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12001 ROSS AVENUE SUITE 4600AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75201ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LYDA HILL
2001 ROSS AVENUE SUITE 4600DALLASTX75201PRESIDENT, TRUSTEE & C.O.B0.20$0$0$0
ALINDA H WIKERT
2101 CEDAR SPRINGS RD STE 1800DALLASTX752011585V.P. & TRUSTEE0.10$0$0$0
HEATHER H WASHBURNE
47 HIGHLAND PARK VILLAGE SUITE 200DALLASTX75205SEC., TREAS. & TRUSTEE0.10$0$0$0
MICHAEL B WISENBAKER JR
2101 CEDAR SPRINGS RD STE 1800DALLASTX752011585TRUSTEE0.10$0$0$0
WESLEY HILL WISENBAKER
2101 CEDAR SPRINGS RD STE 1800DALLASTX752011585TRUSTEE0.05$0$0$0
ELISA HILL SUMMERS
47 HIGHLAND PARK VILLAGE SUITE 200DALLASTX75205TRUSTEE0.05$0$0$0
CODY M WIKERT
2101 CEDAR SPRINGS RD STE 1800DALLASTX752011585TRUSTEE0.05$0$0$0
MARGRETTA H WIKERT
2101 CEDAR SPRINGS RD STE 1800DALLASTX752011585TRUSTEE0.05$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,196,993AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$152,924AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$68,760FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,418,677TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$6,418,677AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$96,280CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,322,397NetVlNoncharitableAssetsAmt
Minimum Investment Return$316,120MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$316,120MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,667TaxBasedOnInvestmentIncomeAmt
Total Tax$3,667TotalTaxAmt
Distributable Before Adj$312,453DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$312,453DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$312,453DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$285,250ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$285,250QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$285,250AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$312,453DistributableAsAdjustedAmt
Undistributed Income PY$221,968UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$285,250QualifyingDistributionsAmt
Applied To Year1$221,968AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$63,282AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$249,171UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CHEYENNE MOUNTAIN ZOO
4250 CHEYENNE MOUNTAIN ZOO RDCOLORADO SPRINGSCO80906N/APCSUPPORT CONSERVATION, EDUCATION AND ANIMAL CARE$70,000
FOCUS ON THE FAMILY
8605 EXPLORER DRIVECOLORADO SPRINGSCO80920N/APCSUPPORT COMMUNITY ASSISTANCE PROGRAM$50,000
GARDEN OF THE GODS FOUNDATION
PO BOX 49033COLORADO SPRINGSCO80949N/APCPRESERVE & MAINTAIN PARK$10,000
HUMANE SOCIETY OF THE PIKES PEAK REGION
610 ABBOT LNCOLORADO SPRINGSCO80905N/APCSUPPORT ANIMAL PROTECTION & WELFARE$45,000
INCLINE FRIENDS
PO BOX 992COLORADO SPRINGSCO80901N/APCPRESERVE & MAINTAIN PARK TRAILS$10,000
TESSA
435 GOLD PASS HEIGHTSCOLORADO SPRINGSCO80906N/APCSUPPORT COMMUNITY ASSISTANCE PROGRAM$50,000
UCCS DEVELOPMENT CORP
1755 TELSTAR DR STE 211COLORADO SPRINGSCO80920N/APCSUPPORT EDUCATION$25,000
YOUNG LIFE PIKES PEAK
420 N CASCADE AVECOLORADO SPRINGSCO809033325N/APCSUPPORT COMMUNITY ASSISTANCE PROGRAM$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$285,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$114,572ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$72,360ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$186,932ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$186,932TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$500Amt
Net Investment Income$250NetInvestmentIncomeAmt
Disbursements Charitable Prps$250DisbursementsCharitablePrpsAmt

Applied To Prior Year Election AppliedToPriorYearElection

FieldValueIRS element (for citing)
ElectionPURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE ABOVE REFERENCED FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF:UNDISTRIBUTED INCOME FROM THE TAX YEAR ENDING:TAX YEAR AMOUNT 2007 $98,839SIGNED:______________________________ ____________________ LYDA HILL, PRESIDENT DATEElectionDesc

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART VII-B, QUESTION 1A(3)FormAndLineReferenceDesc
Medium ExplanationSTATEMENT REGARDING FURNISHING OR RECEIVING GOODS, ETC., TO OR FROM A DISQUALIFIED PERSON-PART VII-B, QUESTION 1A(3)LH HOLDINGS, INC. ("LHH") IS A CORPORATION OF WHICH ALL THE OUTSTANDING STOCK IS OWNED BY LYDA HILL. LYDA HILL IS AN OFFICER AND TRUSTEE OF THE MARGARET AND AL HILL FAMILY FOUNDATION ("FOUNDATION"), AND A DISQUALIFIED PERSON WITH RESPECT TO IT. LHH MAKES AVAILABLE TO THE FOUNDATION, AS MAY BE REQUIRED FOR THE CONDUCT OF ITS ACTIVITIES, THE SERVICES OF CERTAIN OF ITS OFFICERS AND EMPLOYEES. THESE SERVICES ARE MADE AVAILABLE TO THE FOUNDATION WITHOUT ANY CHARGE FOR SALARIES, PAYROLL TAXES, EMPLOYEE BENEFITS, OR RELATED PERSONNEL COSTS. LIKEWISE, LHH MAKES NO CHARGE TO THE FOUNDATION FOR OCCUPANCY COSTS ASSOCIATED WITH ITS OFFICE SPACE NORMALLY OCCUPIED BY ITS OFFICERS AND EMPLOYEES WHILE PERFORMING SUCH SERVICES.MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCORPORATE EQUITIESStockNm
EOY Book Value$4,497,731EOYBookValueAmt
EOYFMV$6,207,845EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescVALUE PARTNERS, LTDDesc
BOY Book Value$88,207BOYBookValueAmt
EOY Book Value$0EOYBookValueAmt
EOYFMV$0EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescFROM VALUE PARTNERS, LTD K-1Desc
Revenue And Expenses Per Books$3,233RevenueAndExpensesPerBooksAmt
Net Investment Income$3,233NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescBOOK/TAX DIFFERENCE IN GAIN ON SALE OF PARTNERSHIPDesc
Amt$96,395Amt

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