BETA

JAMES & MARGARET EARTHMAN FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
JAMES & MARGARET EARTHMAN FOUNDATION INC (EIN 76-0487098)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-08
IRS object ID
201821289349101282
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)
Return2018-05-08T12:47:18-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN760354302PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HEAD MAXWELL & MCKENNA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12200 MARKET ST SUITE 401AddressLine1Txt
CityGALVESTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77550ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760487098EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JAMES AND MARGARET EARTHMANBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlJAMEBusinessNameControlTxt
Phone4097711321PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16808 DRIFTWOOD LANEAddressLine1Txt
CityGALVESTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77551ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES B EARTHMAN IIIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4097711321PhoneNum
Signature2018-04-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHARRY D MAXWELL JRPreparerPersonNm
PTINP00627267PTIN
Phone4097636479PhoneNum
Preparation2018-04-30PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$392,618FMVAssetsEOYAmt
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$377InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$377InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$6,886DividendsRevAndExpnssAmt
Dividends Net Invst Incm$6,886DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$58,551NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$101,729GrossSalesPriceAmt
Total Rev And Expnss-$51,288TotalRevAndExpnssAmt
Total Net Invst Incm$7,263TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$250AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$250AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$303TaxesRevAndExpnssAmt
Taxes Net Invst Incm$113TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$803TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$363TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$250TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$15,425ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$15,425ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$16,228TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$363TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$15,675TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$67,516ExcessRevenueOverExpensesAmt
Net Investment Income$6,900NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$34CashBOYAmt
Cash EOY$54CashEOYAmt
Cash EOYFMV$54CashEOYFMVAmt
Sav And Temp Cash Invst BOY$44,258SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$137,001SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$137,001SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$313,947CorporateStockBOYAmt
Corporate Stock EOY$153,668CorporateStockEOYAmt
Corporate Stock EOYFMV$255,563CorporateStockEOYFMVAmt
Total Assets BOY$358,239TotalAssetsBOYAmt
Total Assets EOY$290,723TotalAssetsEOYAmt
Total Assets EOYFMV$392,618TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$358,239RetainedEarningBOYAmt
Retained Earning EOY$290,723RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$358,239TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$290,723TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$358,239TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$290,723TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$358,239TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$67,516ExcessRevenueOverExpensesAmt
Subtotal$290,723SubtotalAmt
Tot Net Ast Or Fund Balances EOY$290,723TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
78 SH CALIFORNIA RESOURCES CORPP2017-03-02$1,410$6,092-$4,682-$4,682
1000 SH OCCIDENTAL PETROLEUM COP2017-02-16$67,220$102,792-$35,572-$35,572
500 SH OCCIDENTAL PETROLEUM COP2017-02-17$33,099$51,396-$18,297-$18,297
FieldValueIRS element (for citing)
Capital Gain Net Income-$58,551CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$7,425AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$343,672NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.021605DistributionYr1Rt
Adjusted Qlfy Distri Yr2$18,604AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$350,478NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.053082DistributionYr2Rt
Adjusted Qlfy Distri Yr3$15,710AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$384,386NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.040870DistributionYr3Rt
Adjusted Qlfy Distri Yr4$13,675AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$356,094NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.038403DistributionYr4Rt
Adjusted Qlfy Distri Yr5$98,818AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,931,838NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.051152DistributionYr5Rt
Total Distribution0.205112TotalDistributionRt
Average Distribution0.041022AverageDistributionRt
Net Vl Noncharitable Assets$369,958NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$15,176AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$69NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$15,245AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$15,675QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$69InvestmentIncomeExciseTaxAmt
Subtotal$69SubtotalAmt
Tax Based On Investment Income$69TaxBasedOnInvestmentIncomeAmt
Tax Due$69TaxDueAmt

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 BooksJAMES B EARTHMAN IIIIndividualWithBooksNm
Phone4097711321PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line16808 DRIFTWOOD LANEAddressLine1Txt
CityGALVESTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77551ZIPCd
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 IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
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
JAMES B EARTHMAN III
6808 DRIFTWOOD LANEGALVESTONTX77551PRESIDENT1.00$0$0$0
ADDIE EARTHMAN PAPPOUS
22 CEDAR LAWN NORTHGALVESTONTX77551SECRETARY-TR1.00$0$0$0
CYNTHIA WOLMA EARTHMAN
6808 DRIFTWOOD LANEGALVESTONTX77551DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1GAVE FINANCIAL ASSISTANCE TO CHARITABLE, RELIGIOUS, CIVIC OR EDUCATIONAL ORGANIZATIONS AND INSTITUTIONS.Description1Txt
Expenses1$15,425Expenses1Amt

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$247,247AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$128,345AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$375,592TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$375,592AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,634CashDeemedCharitableAmt
Net Vl Noncharitable Assets$369,958NetVlNoncharitableAssetsAmt
Minimum Investment Return$18,498MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$18,498MinimumInvestmentReturnAmt
Tax Based On Investment Income$69TaxBasedOnInvestmentIncomeAmt
Total Tax$69TotalTaxAmt
Distributable Before Adj$18,429DistributableBeforeAdjAmt
Distributable Before Ded$18,429DistributableBeforeDedAmt
Distributable As Adjusted$18,429DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$15,675ExpensesAndContributionsAmt
Qualifying Distributions$15,675QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$69PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$15,606AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$18,429DistributableAsAdjustedAmt
Undistributed Income PY$12,178UndistributedIncomePYAmt
Qualifying Distributions$15,675QualifyingDistributionsAmt
Applied To Year1$12,178AppliedToYear1Amt
Applied To Current Year$3,497AppliedToCurrentYearAmt
Undistributed Income CY$14,932UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
UTMB
301 UNIVERSITY BOULEVARDGALVESTONTX77555NONEGOVFOR OPER, INCL 5000 FOR NURSING SCH$7,675
DIOCESAN SVC FD-CATHOLIC CHARITIES
P O BOX 4681HOUSTONTX772104681NONEPCFOR OPERATIONS$100
BOY SCOUTS OF AMER-BAY AREA
3020 53RD STGALVESTONTX77551NONEPCFOR OPERATIONS$150
ORDER OF THE HOLY SEPULCHRE
2001 KIRBY DR 902HOUSTONTX77019NONEPCFOR OPER (INCL 200 FOR CHILD EDUC)$1,150
ST MARY'S CHURCH
397 WHITE HILL RDCARBONDALECO81623NONEPCFOR OPERATIONS$100
ST AGNES ACADEMY
9000 BELLAIRE BLVDHOUSTONTX77036NONEPCSCHOLARSHIP FUND$1,000
FRIENDS OF ROSENBERG LIBRARY
2310 SEALYGALVESTONTX77550NONEPCFOR OPERATIONS$100
ST VINCENT CHURCH
250 MIDLAND AVEBASALTCO81621NONEPCFOR OPERATIONS$100
GRAND 1894 OPERA HOUSE
2020 POST OFFICE STGALVESTONTX77550NONEPCFOR OPERATIONS$300
THE H E BUTT FAMILY FOUNDATION
719 EARL GARRETT STKERRVILLETX78028NONEPCLAITY LODGE$750
ST VINCENT CHURCH
397 WHITE HALL RDCARBONDALECO81623NONEPCFOR OPERATIONS$1,000
ARCHDIOCESE OF GALVESTON-HOUSTON
P O BOX 4599HOUSTONTX772104599NONEPCIGNITE CAPITAL CAMPAIGN$1,000
SAN JACINTO MUSEUM OF HISTORY
ONE MONUMENT CIRCLELAPORTETX77571NONEPCFOR OPERATIONS$1,000
ST THOMAS HIGH SCHOOL
4500 MEMORIAL DRHOUSTONTX77007NONEPCANNUAL FUND$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$15,425TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$377ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,886ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$58,551ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$51,288ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$51,288TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockEQUITIESStockNm
EOY Book Value$153,668EOYBookValueAmt
EOYFMV$255,563EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
EXCISE TAX$190
FOREIGN TAXES ON DIVIDENDS$113$113

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.