ZEPHYR FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- ZEPHYR FOUNDATION (EIN 75-2647195)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-14
- IRS object ID
- 201841349349100324
- 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
- Accounting Fees Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-14T07:50:41-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752282880 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLES W DARTER JR CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 64658 | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 794644658 | 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 | 752647195 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ZEPHYR FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ZEPH | BusinessNameControlTxt |
| Phone | 8064472422 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4006 FM 1035 | AddressLine1Txt |
| City | WELLINGTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79095 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VAL WHITE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8064472422 | PhoneNum |
| Signature | 2018-05-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHARLES W DARTER JR CPA | PreparerPersonNm |
| PTIN | P00578338 | PTIN |
| Phone | 8067988194 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $16,836,773 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $329,481 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $326,730 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $564,417 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,247,470 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $564,417 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $893,898 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $891,147 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,840 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $601 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $64,397 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $66,838 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $19 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $302,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $302,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $369,338 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $19 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $302,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $524,560 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $891,128 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $637,729 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $460,621 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $460,621 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $8,415 | PrepaidExpensesBOYAmt |
| US Government Obligations BOY | $2,055,389 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,548,174 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,645,056 | USGovtObligationsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $4,086 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $4,086 | InvstLandAccumDepreciationAmt |
| Other Investments BOY | $7,947,016 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,152,522 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $14,573,596 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,215 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,215 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $126,712 | OtherAssetsBOYAmt |
| Other Assets EOY | $125,624 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $157,500 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $10,775,261 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,286,941 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,836,773 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $4,943 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,943 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $10,775,261 | RetainedEarningBOYAmt |
| Retained Earning EOY | $11,281,998 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,775,261 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,281,998 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,775,261 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,286,941 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,775,261 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $524,560 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $11,299,821 | SubtotalAmt |
| Other Decreases | $17,823 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,281,998 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 2,365.299 SH AMERICAN BALANCED FUND | P | 2017-09-14 | 2017-12-19 | $64,029 | $57,479 | $6,550 | $6,550 |
| 2,000 SH LILLY ELI & CO COM | P | 2016-11-25 | 2017-05-18 | $156,308 | $137,844 | $18,464 | $18,464 |
| 2,000 SH SALESFORCE.COM INC | P | 2016-12-23 | 2017-11-22 | $213,151 | $139,805 | $73,346 | $73,346 |
| 8,182.278 SH AMERICAN BALANCED FUND | P | 2015-12-22 | 2017-12-15 | $230,168 | $198,839 | $31,329 | $31,329 |
| 16,847.432 SH AMERICAN BALANCED FUND | P | 2016-09-15 | 2017-12-19 | $456,060 | $409,411 | $46,649 | $46,649 |
| 2,000 SH BED BATH & BEYOND INC | P | 2014-07-03 | 2017-04-04 | $78,027 | $118,438 | -$40,411 | -$40,411 |
| 5,000 SH CHICAGO BRIDGE & IRON | P | 2014-08-14 | 2017-05-09 | $125,665 | $290,978 | -$165,313 | -$165,313 |
| 2,500 SH LIONS GATE ENTERTAINMENT CORP | P | 2014-03-27 | 2017-04-04 | $66,198 | $65,862 | $336 | $336 |
| 2,500 SH LIONS GATE ENTERTAINMENT CORP | P | 2014-03-27 | 2017-04-04 | $60,964 | $63,576 | -$2,612 | -$2,612 |
| 3,000 SH QUALCOMM INC | P | 2012-09-11 | 2017-04-28 | $159,502 | $181,689 | -$22,187 | -$22,187 |
| 4,000 SH SKECHERS USA INC | P | 2016-08-19 | 2017-10-04 | $99,998 | $99,963 | $35 | $35 |
| 7,374.631 SH AMERICAN BALANCED FUND | P | 2009-08-05 | 2017-10-04 | $200,000 | $108,858 | $91,142 | $91,142 |
| 27,366.943 SH AMERICAN BALANCED FUND | P | 2011-12-27 | 2017-12-15 | $769,832 | $403,968 | $365,864 | $365,864 |
| 5,000 SH GENERAL ELECTRIC CO | P | 2008-04-11 | 2017-04-19 | $149,488 | $163,488 | -$14,000 | -$14,000 |
| 5,000 SH GENERAL ELECTRIC CO | P | 2008-04-11 | 2017-04-28 | $145,171 | $163,467 | -$18,296 | -$18,296 |
| 4,000 SH MAGNA INTERNATIONAL INC COM | P | 2001-09-24 | 2017-04-28 | $167,069 | $79,388 | $87,681 | $87,681 |
| CAPITAL GAINS DIVIDENDS | P | $105,840 | $105,840 | $105,840 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $564,417 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $584,800 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $13,771,482 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.042465 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $653,180 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $14,270,236 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.045772 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,599,403 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $14,482,215 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.110439 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,098,465 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $13,629,844 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.080593 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $117,855 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $11,895,251 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.009908 | DistributionYr5Rt |
| Total Distribution | 0.289177 | TotalDistributionRt |
| Average Distribution | 0.057835 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $15,257,288 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $882,405 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,911 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $891,316 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $302,500 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $17,823 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $17,823 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $17,823 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,880 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $12,880 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $4,943 | TaxDueAmt |
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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | VALERIE WHITE | IndividualWithBooksNm |
| Phone | 8064472422 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4006 FM 1035 | AddressLine1Txt |
| City | WELLINGTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79095 | 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 |
|---|---|---|---|---|---|---|---|---|
| VAL WHITE | ||||||||
| 4006 FM 1035 | WELLINGTON | TX | 79095 | PRESIDENT | 20.00 | $0 | $0 | $0 |
| PAT WHITE | ||||||||
| 4006 FM 1035 | WELLINGTON | TX | 79095 | VP / SECRETARY | 0.00 | $0 | $0 | $0 |
| CHARLES W DARTER JR | ||||||||
| P O BOX 64658 | LUBBOCK | TX | 79464 | VP | 0.00 | $0 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $14,986,410 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $503,222 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,489,632 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,489,632 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $232,344 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,257,288 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $762,864 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $762,864 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $17,823 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $17,823 | TotalTaxAmt |
| Distributable Before Adj | $745,041 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $745,041 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $745,041 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $302,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $302,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $302,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $745,041 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $297,252 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $916,486 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $1,213,738 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $302,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $302,500 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $442,541 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $442,541 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $771,197 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $771,197 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $771,197 | ExcessFromYear3Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | VALERIE WHITE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4006 FM 1035 | AddressLine1Txt |
| City | WELLINGTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79095 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8064472422 | RecipientPhoneNum |
| Form And Info And Materials | N/A | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | N/A | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| WELLINGTON OPPORTUNITY CENTER INC | |||||||
| 817 WEST AVE | WELLINGTON | TX | 79095 | N/A | CHARITABLE ORGANIZAT | GENERAL OPERATING SUPPORT FOR 2017 | $25,000 |
| WELLINGTON ISD | |||||||
| 812 15TH ST | WELLINGTON | TX | 79095 | N/A | CHARITABLE ORGANIZAT | SCHOLARSHIPS FOR GRADUATING SENIORS AND GRANT FOR PHOTOGRAPHY PROGRAM | $26,000 |
| COLLINGSWORTH COUNTY MUSEUM | |||||||
| 824 EAST AVE | WELLINGTON | TX | 79095 | N/A | CHARITABLE ORGANIZAT | GENERAL OPERATING SUPPORT FOR 2017 AND GRANT FOR EQUIPMENT | $85,000 |
| WELLINGTON ACTIVITY CENTER | |||||||
| 505 CORSICANA | WELLINGTON | TX | 79095 | N/A | CHARITABLE ORGANIZAT | GENERAL OPERATING SUPPORT FOR 2017 | $62,500 |
| WELLINGTON RITZ THEATRE INC | |||||||
| 902 EAST AVE | WELLINGTON | TX | 79095 | N/A | CHARITABLE ORGANIZAT | GENERAL OPERATING SUPPORT FOR 2017 & GRANT FOR IMPROVEMENTS | $76,000 |
| WESTVIEW BOYS HOME | |||||||
| PO BOX 553 | HOLLIS | OK | 73550 | N/A | CHARITABLE ORGANIZAT | ENDOWMENT MATCHING GRANT | $10,000 |
| COLLINGSWORTH COUNTY HOME DELIVERED MEALS | |||||||
| 1001 AMARILLO ST | WELLINGTON | TX | 79095 | N/A | CHARITABLE ORGANIZAT | GENERAL OPERATING SUPPORT FOR 2017 & GRANT FOR KITCHEN EQUIPMENT | $18,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $302,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $329,481 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $564,417 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $893,898 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $893,898 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | INTEREST INCOME FROM SAVINGS ACCOUNTS |
| 4 | DIVIDEND INCOME FROM BROKERAGE ACCOUNTS |
| 8 | NET CAPITAL GAINS/LOSSES FROM INVESTMENTS HELD IN BROKERAGE ACCOUNTS |
| 7 | INCOME FROM PASSTHROUGH ENTITY |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $1,840 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $1,548,174 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $1,645,056 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SAGEPOINT | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $9,152,522 | BookValueAmt |
| EOYFMV | $14,573,596 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LAZARD, LTD. | Desc |
| BOY Book Value | $126,712 | BOYBookValueAmt |
| EOY Book Value | $125,624 | EOYBookValueAmt |
| EOYFMV | $157,500 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX & PENALTY | Desc |
| Amt | $17,823 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $64,378 | $0 | $0 |
| PORTFOLIO DEDUCTION - LAZARD, LTD | $19 | $19 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES ON INVESTMENTS | CategoryTxt |
| Amt | $601 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments