THE SWAN FAMILY CHARITABLE FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- THE SWAN FAMILY CHARITABLE FOUNDATION (EIN 20-3954964)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-11
- IRS object ID
- 201801319349101315
- 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
- Form 990-PF
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-11T15:40:34-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 203954964 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Swan Family Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | SWAN | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KENNETH SWAN | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2018-05-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.187.244.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520181315000027 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-05-11 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A03CA8425FE017993163D7917FD3F5FFAC126974 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 6B1EFC400AF5C33D9B3602785388C863E4E2E7C3 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,381,365 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $3,213 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,213 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $323,653 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $322,039 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $242,009 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,893,949 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $242,009 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $29,992 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $29,992 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $598,867 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $597,253 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $50,966 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $50,966 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $4,160 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,560 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $35,944 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,031 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $34,913 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $91,070 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $54,557 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $34,913 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $537,361 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $537,361 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $628,431 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $54,557 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $572,274 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$29,564 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $542,696 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $216,141 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $751,127 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $751,127 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $97,893 | AcctRcvblAmt |
| Acct Rcvbl EOY | $97,893 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $97,893 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $555,411 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $540,916 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $534,729 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $3,647,126 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,825,409 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,746,554 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,346,454 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,782,532 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,763,652 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,161,822 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,899,513 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,487,410 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $10,926,954 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,897,390 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,381,365 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $10,926,954 | RetainedEarningBOYAmt |
| Retained Earning EOY | $10,897,390 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,926,954 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,897,390 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,926,954 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,897,390 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,926,954 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$29,564 | ExcessRevenueOverExpensesAmt |
| Subtotal | $10,897,390 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $10,897,390 | 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 | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $6,507,745 | $6,383,776 | $123,969 | $123,969 | |||
| MKP OPPORTUNITY HEDGEFOCUS FUND LP | $547,175 | $518,164 | $29,011 | $29,011 | P | 2013-02-26 | 2017-01-31 |
| SEER CAPITAL PARTNERS OFFSHORE FUND LTD | $839,029 | $750,000 | $89,029 | $89,029 | P | 2013-02-26 | 2017-04-01 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $242,009 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $600,866 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $11,538,302 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.052076 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $594,737 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $12,045,651 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.049374 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $575,399 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $12,110,613 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.047512 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $155,062 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $12,245,659 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.012663 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $90,152 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,280,498 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.039532 | DistributionYr5Rt |
| Total Distribution | 0.201157 | TotalDistributionRt |
| Average Distribution | 0.040231 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $12,201,551 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $490,881 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5,427 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $496,308 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $572,274 | 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 | $5,427 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $5,427 | SubtotalAmt |
| Tax Based On Investment Income | $5,427 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,300 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $4,300 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $1,127 | TaxDueAmt |
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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | 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 | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Kori Lewis | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Kasey Swan | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Kenneth R Swan | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Sec | 2.0 | $0 | $0 | $0 |
| Rebecca Swan | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 2.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UBS Financial Services | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4400 Post Oak Parkway 20th fl | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment MGMT | ServiceTypeTxt |
| Compensation | $50,966 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $8,152,678 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,439,957 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,794,726 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,387,361 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,387,361 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $185,810 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,201,551 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $610,078 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $610,078 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,427 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,427 | TotalTaxAmt |
| Distributable Before Adj | $604,651 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $604,651 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $604,651 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $572,274 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $572,274 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $5,427 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $566,847 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $604,651 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $560,974 | UndistributedIncomePYAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2014 | PriorYear2Yr |
| Prior Year3 | 2013 | PriorYear3Yr |
| Qualifying Distributions | $572,274 | QualifyingDistributionsAmt |
| Applied To Year1 | $560,974 | AppliedToYear1Amt |
| Applied To Current Year | $11,300 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $593,351 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Kenneth R Swan | ContributingManagerNm |
| Contributing Manager | Rebecca Swan | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BIO-MEDICAL FOUNDATION | |||||||
| 206 THORNTON TRL | JACKSBORO | TX | 76458 | N/A | PC | General & Unrestricted | $5,000 |
| CONCERNED CITIZENS OF JACK CO INC | |||||||
| 400 E PINE ST | JACKSBORO | TX | 76458 | N/A | PC | Beautification Project | $5,000 |
| FAITH COMMUNITY HOSPITAL CHARITABLE FOUNDATION | |||||||
| 717 MAGNOLIA ST | JACKSBORO | TX | 76458 | N/A | SO I | The swan family wellness center | $100,000 |
| FIRST BAPTIST CHURCH | |||||||
| 200 N KNOX ST | JACKSBORO | TX | 76458 | N/A | PC | 5 scholarship sponsorships for camp copass | $1,175 |
| GLADYS JOHNSON RITCHIE PUBLIC LIBRARY INC | |||||||
| 626 W COLLEGE ST | JACKSBORO | TX | 76458 | N/A | PC | General & Unrestricted | $5,000 |
| JACK COUNTY FAIR ASSOCIATION | |||||||
| PO BOX 486 | JACKSBORO | TX | 76458 | N/A | PC | 2017 Youth Fair Sale Project | $30,500 |
| JACK COUNTY MUSEUM ASSOCIATION | |||||||
| PO BOX 861 | JACKSBORO | TX | 76458 | N/A | PC | General & Unrestricted | $5,000 |
| JACKSBORO HIGH SCHOOL EX-STUDENTS ASSOCIATION | |||||||
| 101 N MAIN ST STE 200 | JACKSBORO | TX | 76458 | N/A | PC | General & Unrestricted | $20,000 |
| JACKSBORO VISION GROUP INC | |||||||
| PO BOX 395 | JACKSBORO | TX | 76458 | N/A | PC | General & Unrestricted | $319,186 |
| JACKSBORO YOUTH SPORTS ASSOCIATION | |||||||
| 500 EASTER LN | JACKSBORO | TX | 76458 | N/A | PC | General & Unrestricted | $32,500 |
| KIDS ON THE LAND INC | |||||||
| 4004 GATEWAY DR STE 180 | COLLEYVILLE | TX | 76034 | N/A | PC | General & Unrestricted | $1,000 |
| PROJECT 4031 INC | |||||||
| 708 MAY ST | FORT WORTH | TX | 76104 | N/A | PC | General & Unrestricted | $9,000 |
| WISE COUNTY DOMESTIC VIOLENCE TASK FORCE | |||||||
| PO BOX 569 | DECATUR | TX | 76234 | N/A | PC | General & Unrestricted | $4,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $537,361 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,213 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $323,653 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $242,009 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| K-1 Inc/Loss | 14 | $848 |
| CLASS ACTION LAWSUIT PROCEEDS | 01 | $87 |
| PFIC INCOME | 01 | $29,057 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $598,867 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $598,867 | 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 |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (34 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| HSBC USA INC RTY SPX SX5E - 0. | $100,000 | $99,400 |
| GS FINANCE L/O TC-CYN RTY SPX | $200,000 | $199,200 |
| BARCLAYS BANK PLC L/O TC-CYN R | $250,000 | $251,000 |
| MORGAN STANLEY L/O TC-CYN RTY | $250,000 | $249,375 |
| CREDIT SUISSE AG TC-CYN RTY SP | $300,001 | $296,400 |
| DEUTSCHE BANK AG L/O TC-CYN RT | $300,000 | $294,300 |
| CREDIT SUISSE AG L/O TC-CYN RT | $300,000 | $297,901 |
| L-3 COMMUNICATIONS CORP - 4.75 | $34,462 | $32,613 |
| VERIZON COMMUNICATIONS NOTE - | $33,024 | $32,952 |
| KROGER CO SR NT - 3.400% - 04/ | $33,135 | $32,755 |
| NOKIA CORP NT - 5.375% - 05/15 | $33,867 | $33,040 |
| ICAHN ENTERPRISES CORP - 6.250 | $33,776 | $32,720 |
| THOMSON-REUTERS CO - 4.700% - | $39,783 | $36,437 |
| ZURICH REINS CENTRE HLDG INC - | $44,694 | $43,232 |
| LYONDELLBASELL INDUSTRIES NV - | $42,222 | $41,100 |
| KENNAMETAL INC - 2.650% - 11/0 | $37,187 | $37,029 |
| AFLAC INC SR NT - 3.625% - 06/ | $41,252 | $40,500 |
| NEWFIELD EXPL CO - 5.625% - 07 | $41,572 | $41,925 |
| LAZARD LLC - 4.250% - 11/14/20 | $40,925 | $40,622 |
| DISCOVERY COMMUNICATIONS LLC B | $41,243 | $41,606 |
| OWENS CORNING - 4.200% - 12/15 | $41,213 | $40,893 |
| BANK OF AMERICA CORP - 3.875% | $40,721 | $42,193 |
| LEVEL 3 FINANCING INC - 5.375% | $41,250 | $39,950 |
| GOLDMAN SACHS GROUP INC NOTE - | $40,477 | $41,210 |
| ANTHEM INC NOTE - 3.500% - 08/ | $41,612 | $40,782 |
| VALERO ENERGY - 0.000% - 03/15 | $41,292 | $42,101 |
| RAYMOND JAMES FINANCIAL - 3.62 | $41,240 | $41,192 |
| CAPITAL ONE FINL CORP NOTE - 3 | $41,105 | $41,426 |
| SHERWIN-WILLIAMS CO - 3.450% - | $41,457 | $41,656 |
| MORGAN STANLEY MTN CALL - 0.00 | $41,619 | $41,377 |
| AIR LEASE CORP NTS - 3.000% - | $41,194 | $40,682 |
| SEAGATE HDD CAYMAN - 4.875% - | $40,861 | $40,159 |
| CONSOL ENERGY - 5.875% - 04/15 | $41,288 | $45,956 |
| JEFFERIES GROUP LLC - 4.850% - | $50,060 | $49,968 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (69 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHABET INC CL A | $61,044 | $107,447 |
| BLACKROCK INC | $84,878 | $115,070 |
| RYANAIR HOLDINGS PLC-ADR COM | $39,832 | $33,966 |
| FERRARI NV | $40,454 | $38,267 |
| ADIDAS AG | $34,503 | $38,331 |
| CANADIAN PACIFIC RAILWAY LTD | $65,474 | $73,652 |
| ICON PLC - AMERICAN DEPOSITARY | $34,311 | $45,645 |
| CORE LABORATORIES | $46,193 | $46,230 |
| O'REILLY AUTOMOTIVE INC | $117,372 | $113,535 |
| THERMO FISHER SCIENTIFIC INC | $77,263 | $97,788 |
| CHUBB LIMITED | $63,690 | $76,864 |
| ROCKWELL AUTOMATION INC | $62,602 | $106,814 |
| PARKER HANNIFIN CP | $96,924 | $109,370 |
| LUXOTTICA GROUP SPON ADR EACH | $30,529 | $34,500 |
| FACEBOOK INC | $67,119 | $99,876 |
| HOME DEPOT INC | $80,346 | $115,045 |
| ESSILOR INTL ADR | $37,444 | $44,285 |
| ADOBE SYSTEMS, INC | $63,348 | $114,081 |
| HDFC BANK LTD ADR | $49,448 | $67,916 |
| AMERIPRISE FINANCIAL INC | $65,163 | $115,578 |
| HONEYWELL INTL | $73,728 | $105,512 |
| AMERICAN TOWER REIT INC | $89,574 | $99,584 |
| ECOLAB INC | $87,374 | $99,293 |
| SYSMEX CORP UNSP ASDR | $19,250 | $30,732 |
| HERMES INTL 10 ADR | $33,712 | $42,533 |
| NESTLE S.A | $63,344 | $70,323 |
| UNITED TECHNOLOGIES CORP | $86,068 | $108,052 |
| RED HAT, INC | $65,556 | $108,210 |
| VISA INC | $75,091 | $104,784 |
| WALT DISNEY HOLDINGS CO | $97,828 | $105,145 |
| NOVOZYMES A/S UNSP/ADR | $47,541 | $57,910 |
| LVMH MOET HENN UNSP | $48,024 | $63,924 |
| DANAHER CORP | $82,681 | $103,866 |
| ACCENTURE PLC | $127,435 | $183,248 |
| AMERISOURCEBERGEN CORP | $100,915 | $110,276 |
| CHR HANSEN HOLDINGS | $33,893 | $56,782 |
| MEDTRONIC PLC | $97,803 | $98,515 |
| CVS CAREMARK CORP | $106,065 | $88,958 |
| LOWES COMPANIES INC | $93,698 | $114,874 |
| TENCENT HOLDINGS LIMITED | $44,224 | $67,808 |
| INDUSTRIA DE DISENO | $21,467 | $22,977 |
| TJX COMPANIES INC | $101,266 | $102,303 |
| COLGATE-PALMOLIVE COMPANY | $96,354 | $102,310 |
| SCHLUMBERGER LTD | $97,201 | $95,626 |
| INTERCONTINENTAL EXCHANGE, INC | $77,172 | $102,524 |
| YANDEX N V | $38,782 | $51,418 |
| CSL LTD | $70,366 | $89,706 |
| STARBUCKS CORP COM | $98,903 | $101,249 |
| ATLAS COPCO AB A SHS ADR | $67,717 | $76,244 |
| WAL-MART DE MEX V SP/ADR | $38,092 | $44,225 |
| DSV UNSP ADR EACH REPR 0.5 ORD | $50,965 | $73,296 |
| TAIWAN SEMICONDUCTOR MFG CO LT | $53,324 | $73,670 |
| MONDELEZ INTERNATIONAL INC | $108,124 | $103,234 |
| COMCAST CORP | $81,234 | $103,169 |
| AIA GROUP LTD ADR | $74,695 | $88,373 |
| PERFORMANCE TRUST TOTAL RETURN | $60,404 | $60,151 |
| SEMPER MBS TOTAL RETURN FUND I | $30,371 | $30,244 |
| INVESCO PLC | $82,100 | $105,235 |
| COMPASS GROUP PLC ADR | $59,133 | $66,605 |
| EXPERIAN GROUP LTD S/ADR | $66,153 | $75,712 |
| DOUBLELINE TOTAL RETURN BOND | $37,838 | $37,479 |
| COLOPLAST AS ADR | $29,251 | $28,901 |
| RECKITT BENCKISER GROUP | $67,077 | $71,135 |
| GUGGENHEIM MACRO OPPORTUNITIES | $187,957 | $188,821 |
| INVESCO VAN KAMPEN HIGH YIELD | $75,158 | $75,484 |
| BLACKROCK STRAT INC OPP - INS | $75,463 | $75,489 |
| BLACKROCK TOTAL RETURN FUND IN | $112,939 | $112,652 |
| OPPENHEIMER SNR FLOATING RAT | $98,617 | $98,554 |
| VIRTUS MULTI-SECTOR SHRT TRM B | $75,545 | $75,179 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $540,916 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $534,729 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CREDIT SUISSE DOLLAR SENIOR LO | $699,513 | $748,182 |
| MILLENNIUM INTERNATIONAL HEDGE | $450,000 | $530,753 |
| ALKEON GROWTH OFFSHORE FUND LT | $750,000 | $1,208,475 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $34,888 | $34,888 | |
| Bank Charges | $1,030 | $1,030 | |
| K-1 Exp LAZARD LTD | $1 | $1 | |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss LAZARD LTD | $848 | $848 |
| Class Action Lawsuit Proceeds | $87 | $87 |
| PFIC INCOME | $29,057 | $29,057 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $50,966 | Amt |
| Net Investment Income | $50,966 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2017 | $1,600 | |
| Foreign Tax Paid | $2,560 | $2,560 |