WEBSTER EDUCATIONAL FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
WEBSTER EDUCATIONAL FOUNDATION (EIN 46-5374393)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-11-14
IRS object ID
201823189349103092
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-11-14T16:12:42-06:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750767305PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AXLEY & RODE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1203 N HOUSTON AVEAddressLine1Txt
CityLIVINGSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77351ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465374393EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WEBSTER EDUCATIONAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWEBSBusinessNameControlTxt
Phone9363277181PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1306 NORTH WASHINGTONAddressLine1Txt
CityLIVINGSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77351ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGENE BUSHPersonNm
Person TitlePRES/DIRECTORPersonTitleTxt
Signature2018-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJ GARVEY JACKSON PC CPAPreparerPersonNm
PTINP00049845PTIN
Phone9363273166PhoneNum
Preparation2018-11-13PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.16.49IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-11-14IPDt
IP Tm16:12:42IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id233E7250E68807E0854DDE26091028BB939AC228AtSubmissionCreationDeviceId
At Submission Filing Device Id992E83F8B90DF5B4529726673504EEC70C9F5DD3AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$13,418,752FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$5,952InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5,952InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$102,797DividendsRevAndExpnssAmt
Dividends Net Invst Incm$102,797DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$7,986GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$7,986GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$7,986NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$1,599NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$725,000GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,599CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$1,364,552OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,364,552OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$1,482,886TotalRevAndExpnssAmt
Total Net Invst Incm$1,482,886TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$33,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$16,500CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$16,500CompOfcrDirTrstDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$11,044OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$11,044OtherProfFeesNetInvstIncmAmt
Interest Rev And Expnss$7InterestRevAndExpnssAmt
Taxes Rev And Expnss$47,151TaxesRevAndExpnssAmt
Taxes Net Invst Incm$33,223TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$29,810OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$29,315OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$495OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$121,012TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$90,082TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$16,995TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$490,534ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$490,534ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$611,546TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$90,082TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$507,529TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$871,340ExcessRevenueOverExpensesAmt
Net Investment Income$1,392,804NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$776,242SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$781,414SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$781,414SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$5,195,452USGovernmentObligationsBOYAmt
US Government Obligations EOY$6,075,555USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$5,981,650USGovtObligationsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$4,290,250LandBldgEquipCostOrOtherBssAmt
Land BOY$4,290,250LandBOYAmt
Land EOY$4,290,250LandEOYAmt
Land EOYFMV$6,614,608LandEOYFMVAmt
Other Assets BOY$54,889OtherAssetsBOYAmt
Other Assets EOY$41,080OtherAssetsEOYAmt
Other Assets EOYFMV$41,080OtherAssetsEOYFMVAmt
Total Assets BOY$10,316,833TotalAssetsBOYAmt
Total Assets EOY$11,188,299TotalAssetsEOYAmt
Total Assets EOYFMV$13,418,752TotalAssetsEOYFMVAmt
Grants Payable BOY$162,442GrantsPayableBOYAmt
Grants Payable EOY$251,557GrantsPayableEOYAmt
Other Liabilities EOY$126OtherLiabilitiesEOYAmt
Total Liabilities BOY$162,442TotalLiabilitiesBOYAmt
Total Liabilities EOY$251,683TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$9,131,396CapitalStockBOYAmt
Capital Stock EOY$9,131,396CapitalStockEOYAmt
Retained Earning BOY$1,022,995RetainedEarningBOYAmt
Retained Earning EOY$1,805,220RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$10,154,391TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$10,936,616TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$10,316,833TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$11,188,299TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$10,154,391TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$871,340ExcessRevenueOverExpensesAmt
Subtotal$11,025,731SubtotalAmt
Other Decreases$89,115OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$10,936,616TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
FHLB 313382TR4P2014-12-312017-04-30$225,000$224,001$999$999
FHLMC 3137EADH9P2014-12-312017-06-30$500,000$499,400$600$600
FieldValueIRS element (for citing)
Capital Gain Net Income$1,599CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$536,334AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$12,064,716NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.044455DistributionYr1Rt
Adjusted Qlfy Distri Yr2$474,902AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$11,539,239NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.041155DistributionYr2Rt
Adjusted Qlfy Distri Yr3$451AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$776,134NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.000581DistributionYr3Rt
Total Distribution0.086191TotalDistributionRt
Average Distribution0.028730AverageDistributionRt
Net Vl Noncharitable Assets$12,211,448NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$350,835AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$13,928NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$364,763AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$507,529QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$13,928InvestmentIncomeExciseTaxAmt
Subtotal$13,928SubtotalAmt
Tax Based On Investment Income$13,928TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$13,809EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$13,809TotalPaymentsAndCreditsAmt
Tax Due$119TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksSHELLY SITTONIndividualWithBooksNm
Phone9363277181PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1306 NORTH WASHINGTONAddressLine1Txt
CityLIVINGSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77351ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
GENE BUSH
PO BOX 1617LIVINGSTONTX77351PRES/DIRECTO000.00$9,000$0$0
ANTHONY PAGE
PO BOX 500CORRIGANTX75939VP/DIRECTOR000.00$12,000$0$0
SHELLY SITTON
PO BOX 126LIVINGSTONTX77351SECRETARY000.00$12,000$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$5,021,957AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$705,955AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$6,669,497FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$12,397,409TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$12,397,409AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$185,961CashDeemedCharitableAmt
Net Vl Noncharitable Assets$12,211,448NetVlNoncharitableAssetsAmt
Minimum Investment Return$610,572MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$610,572MinimumInvestmentReturnAmt
Tax Based On Investment Income$13,928TaxBasedOnInvestmentIncomeAmt
Total Tax$13,928TotalTaxAmt
Distributable Before Adj$596,644DistributableBeforeAdjAmt
Distributable Before Ded$596,644DistributableBeforeDedAmt
Distributable As Adjusted$596,644DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$507,529ExpensesAndContributionsAmt
Qualifying Distributions$507,529QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$13,928PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$493,601AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$596,644DistributableAsAdjustedAmt
Undistributed Income PY$162,442UndistributedIncomePYAmt
Qualifying Distributions$507,529QualifyingDistributionsAmt
Applied To Year1$162,442AppliedToYear1Amt
Applied To Current Year$345,087AppliedToCurrentYearAmt
Undistributed Income CY$251,557UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonFLOYD BUSHRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1306 N WASHINGTONAddressLine1Txt
CityLIVINGSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77351ZIPCd
FieldValueIRS element (for citing)
Recipient Phone9363277181RecipientPhoneNum
Form And Info And MaterialsSEE STATEMENT FOR LINE 2A & LINE 2DFormAndInfoAndMaterialsTxt
Submission DeadlinesSEE STATEMENT FOR LINE 2A & LINE 2DSubmissionDeadlinesTxt
Restrictions On AwardsRESTRICTED TO ENTITIES THAT WILL PROMOTE, ASSIST AND FURTHER THE CULTURAL, ARTISTIC, EDUCATIONAL, LITERARY, RECREATIONAL, CHARITABLE, AND HISTORICAL ACTIVITIES, AND FACILITIES CARRIED ON OR MAINTAINED BY THE CITIES OF LIVINGSTON AND CORRIGAN, TEXAS AND POLK COUNTY, TEXAS FOR THE RESIDENTS OF SAID CITIES AND COUNTY.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BIG SANDY ISD
RT 3 BOX 422LIVINGSTONTX77351NONEPUBLICSCHOLARSHIPS$52,990
CORRIGANCAMDEN ISD
HWY 287 WCORRIGANTX75939NONEPUBLICSCHOLARSHIPS$134,247
GOODRICH ISD
PO BOX 789GOODRICHTX77351NONEPUBLICSCHOLARSHIPS$29,747
LEGGETT ISD
PO BOX 69LEGGETTTX77350NONEPUBLICSCHOLARSHIPS$20,000
LIVINGSTON ISD
907 W CHURCH STLIVINGSTONTX77351NONETXSCHOLARSHIPS$200,000
ONALASKA ISD
PO BOX 2289ONALASKATX77360NONEPUBLICSCHOLARSHIPS$28,000
ASHLEY LAWSON RICHARDS
14406 CYPRESS MEADOW DRCYPRESSTX77429NONEINDIVIDUALSCHOLARSHIP$1,000
JENNIFER MARIA MILLER
105 B J ALBRITTON DRJACKONVILLETX75766NONEINDIVIDUALSCHOLARSHIP$550
TANSHENIK SQUARE
1100 WEST BLUFFWOODVILLETX75979NONEINDIVIDUALSCHOLARSHIP$4,000
BOYS & GIRLS CLUB OF POLK COUNTY
1035 LIBERTY AVELIVINGSTONTX77351NONEPUBLICSCHOLARSHIPS$10,000
CORRIGAN YOUTH BASEBALL ASSOCIATION
HWY 287 WCORRIGANTX75939NONEPUBLICSCHOLARSHIPS$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$490,534TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,952ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$102,797ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$7,986ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,599ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescExclusionExclusionCdExclusionExclusionAmt
HUNTING LEASE INCOME16$24,159
OIL & GAS ROYALTIES16$1,340,393

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,482,886ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,482,886TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

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

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$6,075,555USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$5,981,650USGovtObligationsEOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemLANDCategoryOrItemTxt
Cost Or Other Basis$4,290,250CostOrOtherBasisAmt
Book Value$4,290,250BookValueAmt
EOYFMV$6,614,608EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PREPAID INCOME TAX$13,809
ROYALTY INTERESTS$41,080$41,080$41,080

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescINCREASE IN GRANTS PAYABLEDesc
Amt$89,115Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
INSURANCE EXPENSE$861$430$431
OFFICE EXPENSE$129$65$64
PLANTING$28,820$28,820

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
HUNTING LEASE INCOME$24,159$24,159
OIL & GAS ROYALTIES$1,340,393$1,340,393

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescEXCISE TAX PAYABLEDesc
EOY Book Value$126EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryFORESTRY MANAGEMENTCategoryTxt
Amt$11,044Amt
Net Investment Income$11,044NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
PROPERTY TAXES$33,223$33,223
EXCISE TAX$13,928

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