THE LOOPER FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- THE LOOPER FOUNDATION (EIN 76-0330594)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-15
- IRS object ID
- 201803199349104550
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-15T13:49:24-08:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760269860 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 770275132 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760330594 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Looper Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOOP | BusinessNameControlTxt |
| Phone | 2813682734 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11757 Katy Freeway | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77079 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Terry Looper | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2018-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jody Blazek | PreparerPersonNm |
| PTIN | P00072674 | PTIN |
| Phone | 7134395739 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $52,569,630 | 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 | $80,275 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $986,898 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $986,898 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $739,724 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,742,126 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $683,756 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $421,411 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $451,909 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,228,308 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,122,563 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $4,537 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $4,537 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $26,758 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $13,379 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $13,379 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $471,136 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $180,343 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $290,793 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $4,000 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $23,575 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $23,575 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $487,338 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $257,198 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,531 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,017,344 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $450,920 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $333,815 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,685,766 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,685,766 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $10,703,110 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $450,920 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,019,581 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$8,474,802 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,671,643 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,432,111 | CashBOYAmt |
| Cash EOY | $480,415 | CashEOYAmt |
| Cash EOYFMV | $480,415 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $461,954 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $120,163 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $120,163 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $13,367,403 | CorporateStockBOYAmt |
| Corporate Stock EOY | $12,772,010 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,831,896 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $29,733,498 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $21,972,780 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $21,303,080 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $11,955,993 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $13,130,789 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $13,834,076 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $56,950,959 | TotalAssetsBOYAmt |
| Total Assets EOY | $48,476,157 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $52,569,630 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $56,950,959 | RetainedEarningBOYAmt |
| Retained Earning EOY | $48,476,157 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $56,950,959 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $48,476,157 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $56,950,959 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $48,476,157 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $56,950,959 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$8,474,802 | ExcessRevenueOverExpensesAmt |
| Subtotal | $48,476,157 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $48,476,157 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly traded securities | $10,218,224 | $10,002,402 | $215,822 | $215,822 |
| Passthrough - capital gain | $337,650 | $337,650 | $337,650 | |
| Capital gain distribution | $130,284 | $130,284 | $130,284 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $683,756 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $5,342,863 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $58,641,589 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.09111 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,244,591 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $60,638,227 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.02053 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,035,660 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $57,389,931 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.01805 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,612,856 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $53,775,501 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.06718 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,392,822 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $52,208,665 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.02668 | DistributionYr5Rt |
| Total Distribution | 0.223543 | TotalDistributionRt |
| Average Distribution | 0.044709 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $55,234,041 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,469,459 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $16,716 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,486,175 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $10,019,581 | 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 | $16,716 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $16,716 | SubtotalAmt |
| Tax Based On Investment Income | $16,716 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,088 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $12,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $22,088 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $5,372 | OverpaymentAmt |
| Applied To ES Tax | $5,372 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | 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 | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | 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 | Susan Connell | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2813682734 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11757 Katy Freeway Suite 1400 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77079 | 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 | Yes (true) | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Terry Looper | ||||||
| 11757 Katy Freeway Suite 1400 | Houston | TX | 77079 | President | 10.00 | $0 |
| Jeannie Lynn Able | ||||||
| 11757 Katy Freeway Suite 1400 | Houston | TX | 77079 | Vice Pres. | 2.00 | $0 |
| Doris Looper | ||||||
| 11757 Katy Freeway Suite 1400 | Houston | TX | 77079 | Secretary | 2.00 | $0 |
| Tanya Jean Pitre | ||||||
| 11757 Katy Freeway Suite 1400 | Houston | TX | 77079 | Treasurer | 2.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Hire Universe | |||||
| 5517 Aspen St | Houston | TX | 77081 | See Part IX-A | $120,000 |
| Gardner Russo & Gardner | |||||
| 222 East Chestnut St | Lancaster | PA | 17602 | Investment mgmt | $56,255 |
| Lynn Ziegenfuss | |||||
| 11965 Thomas Hayes Lane | San Diego | CA | 92126 | See Part IX-A | $68,675 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | The Foundation engages consultants to advise its grantees in the areas of operating efficiency, community profile and awareness, relations among operating personnel, counseling and program evaluations. | Description1Txt |
| Expenses1 | $255,913 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $40,971,989 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,269,104 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,834,076 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $56,075,169 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $56,075,169 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $841,128 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $55,234,041 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,761,702 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,761,702 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,716 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,716 | TotalTaxAmt |
| Distributable Before Adj | $2,744,986 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,744,986 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,744,986 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,019,581 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $10,019,581 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $16,716 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $10,002,865 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,744,986 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr1 | $2,165,208 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,165,208 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $10,019,581 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,744,986 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $7,274,595 | RemainingDistriFromCorpusAmt |
| Total Corpus | $9,439,803 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $9,439,803 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $2,165,208 | ExcessFromYear1Amt |
| Excess From Current Year | $7,274,595 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Terry Looper | ContributingManagerNm |
| Contributing Manager | Doris Looper | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See attachment | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | State and zipcode for e-filing | AddressLine1Txt |
| City | purposes | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77079 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See attachment | GrantOrContributionPurposeTxt |
| Amt | $9,685,766 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,685,766 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $986,898 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $55,968 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $683,756 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| IRC Sec 965(a)passthrough | 14 | $121 | ||
| Passthrough K-1 income | 14 | $451,788 | 525990 | -$30,498 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $25,470 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,122,563 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,148,033 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Terry and Doris Looper | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11757 Katy Freeway Suite 1400 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77079 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $80,275 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting services | CategoryTxt |
| Amt | $26,758 | Amt |
| Net Investment Income | $13,379 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $13,379 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | Gross Sales PriceGrossSalesPriceAmt | Basis MethodBasisMethodTxt | Total NetTotalNetAmt |
|---|---|---|---|
| Passthrough - LT capital gain UBI | $312 | Cost | $312 |
| Passthrough -1231 gain UBI | $55,656 | Cost | $55,656 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 609,885 shs Metropolitan West Total Fund | $6,696,150 | $6,501,370 |
| 381,878 shs PIMCO Incm Inst Cl Fund | $4,823,463 | $4,739,110 |
| 152,023 shs Templeton Global Bond Fund | $1,991,564 | $1,801,473 |
| 123,963 Allianz Gi Short Dur | $1,888,371 | $1,861,929 |
| 201,486 shs Carillon Reams Core | $6,573,232 | $6,399,198 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Corporate stocks - see attachment | StockNm |
| EOY Book Value | $12,772,010 | EOYBookValueAmt |
| EOYFMV | $16,831,896 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Encino Energy, LLC | AT COST | $1,029,098 | $376,594 |
| Salient Zarvona Energy Fund, LP | AT COST | $1,078,600 | $1,486,099 |
| HV Partners LP | AT COST | $67,580 | $68,012 |
| BlackGold Opportunity Fund, LP | AT COST | $1,723,883 | $1,796,053 |
| StepStone Secondary Opportunities Fd LP | AT COST | $1,336,420 | $1,463,724 |
| Sanderson International Value Fund | AT COST | $4,777,884 | $5,811,794 |
| Salient Zarvona Energy Fund II | AT COST | $1,870,753 | $1,457,891 |
| GP Invitation Fund I, LP | AT COST | $1,246,571 | $1,373,909 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General governance | CategoryTxt |
| Legal Fees | $4,537 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,537 | 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 | $200 | $200 | |
| K-1 expenses | $484,973 | $256,998 | |
| Meals & entertainment | $1,269 | $635 | |
| Other expenses | $896 | $896 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| IRC Sec 965(a)passthrough | $121 | $121 |
| Passthrough K-1 income | $421,290 | $451,788 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Grants administration | $53,517 | $0 | $0 | $53,517 |
| Investment management services | $180,343 | $180,343 | $0 | $0 |
| Nonprofit consult - see Part IX-A | $237,276 | $0 | $0 | $237,276 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal tax | CategoryTxt |
| Amt | $4,000 | Amt |
Comments