LEVIN FAMILY FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- LEVIN FAMILY FOUNDATION (EIN 76-0572174)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2018-09-26
- IRS object ID
- 201822699349100002
- 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 Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Assets Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-09-26T09:18:53-07:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760625995 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Edward J Walsh & Associates | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 538 | AddressLine1Txt |
| City | Galveston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 775530538 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760572174 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEVIN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LEVI | BusinessNameControlTxt |
| Phone | 4097634626 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 63 COLONY PARK CIRCLE | AddressLine1Txt |
| City | GALVESTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77551 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GERRY LEE HORNSTEIN | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2018-09-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KEVIN C WALSH | PreparerPersonNm |
| PTIN | P00007498 | PTIN |
| Phone | 4097634626 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,299,327 | 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 | $38,403 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $38,403 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $38,403 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $26,130 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $81,025 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $26,130 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $26,130 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $64,533 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $64,533 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $64,533 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $18,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $7,200 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $7,200 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $10,800 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $33 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $13 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $13 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $21 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,625 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,450 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $1,450 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $2,175 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,852 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,339 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $1,339 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,513 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $574 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $32 | TaxesNetInvstIncmAmt |
| Printing And Pub Rev And Expnss | $641 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $256 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $257 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $384 | PrintingAndPubDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $25,725 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,290 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $10,259 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $14,893 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $41,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $41,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $67,225 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,290 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $10,259 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $56,393 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,692 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $54,243 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $54,274 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $82,603 | CashBOYAmt |
| Cash EOY | $74,997 | CashEOYAmt |
| Cash EOYFMV | $74,997 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $95,648 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $104,244 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $104,244 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $291 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $258 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $258 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $26,735 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $28,227 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $28,094 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $375,437 | CorporateStockBOYAmt |
| Corporate Stock EOY | $371,356 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $588,496 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $26,207 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $25,263 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $25,034 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $63,840 | OtherAssetsBOYAmt |
| Other Assets EOY | $71,171 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $478,204 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $670,761 | TotalAssetsBOYAmt |
| Total Assets EOY | $675,516 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,299,327 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $670,761 | UnrestrictedBOYAmt |
| Unrestricted EOY | $675,516 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $670,761 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $675,516 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $670,761 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $675,516 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $670,761 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,692 | ExcessRevenueOverExpensesAmt |
| Other Increases | $7,447 | OtherIncreasesAmt |
| Subtotal | $675,516 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $675,516 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| LEVIN VENTURES LP | P | 2017-12-31 | 2018-06-30 | $690 | $690 | $690 | |
| LEVIN VENTURES LP | P | 2017-12-31 | 2018-06-30 | $15,758 | $15,758 | $15,758 | |
| CASH IN LIEU LENNAR CORP | P | 2017-12-31 | 2018-06-30 | $16 | $16 | $16 | |
| SEE ATTACHED MERRILL LYNCH STMT | P | 2017-12-31 | 2018-06-30 | $64,561 | $9,666 | $9,666 | $54,895 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $26,130 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $26,130 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $58,820 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,162,061 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05062 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $53,470 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,128,570 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04738 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $50,344 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,111,244 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04530 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $51,275 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,048,204 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04892 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $31,209 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $955,379 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.03267 | DistributionYr5Rt |
| Total Distribution | 0.224884 | TotalDistributionRt |
| Average Distribution | 0.044977 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,177,293 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $52,951 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $542 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $53,493 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $56,393 | 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 | $542 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $542 | SubtotalAmt |
| Tax Based On Investment Income | $542 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $291 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $291 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $6 | EsPenaltyAmt |
| Tax Due | $257 | 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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GERRY L HORNSTEIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4097634626 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 63 COLONY PARK CIRCLE | AddressLine1Txt |
| City | GALVESTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77551 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| WILLIAM HORNSTEIN | ||||||
| 63 COLONY PARK CIRCLE | GALVESTON | TX | 77551 | Director | 2.00 | $6,000 |
| SUSAN L HORNSTEIN | ||||||
| 63 COLONY PARK CIRCLE | GALVESTON | TX | 77551 | Director | 2.00 | $6,000 |
| GERRY LEE HORNSTEIN | ||||||
| 63 COLONY PARK CIRCLE | GALVESTON | TX | 77551 | SECRETARY/TREAS | 6.00 | $6,000 |
| GENE HORNSTEIN | ||||||
| 63 COLONY PARK CIRCLE | GALVESTON | TX | 77551 | President | 2.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | CONTRIBUTIONS TO 501(C)(3), RELIGIOUS AND GOVERNMENTAL ENTITIES THAT PROMOTE THE CHARITABLE PURPOSES OF THE FOUNDATION. | Description1Txt |
| Expenses1 | $41,500 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $540,243 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $176,774 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $478,204 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,195,221 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $1,195,221 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $17,928 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,177,293 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $58,865 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $58,865 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $542 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $542 | TotalTaxAmt |
| Distributable Before Adj | $58,323 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $58,323 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $58,323 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $56,393 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $56,393 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $542 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $55,851 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $58,323 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $40,964 | UndistributedIncomePYAmt |
| Qualifying Distributions | $56,393 | QualifyingDistributionsAmt |
| Applied To Year1 | $40,964 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $15,429 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $42,894 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
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 |
|---|---|---|---|---|---|---|---|
| ROSENBERG LIBRARY | |||||||
| 2310 SEALY | GALVESTON | TX | 77550 | NONE | PUBLIC | GENERAL | $13,500 |
| RONALD MC DONALD HOUSE | |||||||
| 1415 MECHANIC STREET | GALVESTON | TX | 77550 | NONE | PUBLIC | GENERAL | $1,000 |
| GRAND 1894 OPERA HOUSE | |||||||
| 2020 POSTOFFICE STREET | GALVESTON | TX | 77550 | NONE | PUBLIC | GENERAL | $3,500 |
| UTMB-GALVESTON TEXAS | |||||||
| 301 UNIVERSITY BLVD | GALVESTON | TX | 77555 | NONE | PUBLIC | GENERAL | $21,000 |
| AMERICAN JEWISH COMMITTEE | |||||||
| 3355 W ALABAMA ST | HOUSTON | TX | 77098 | NONE | PUBLIC | GENERAL | $1,500 |
| RESOURCE CRISIS CENTER | |||||||
| 1802 BROADWAY ST STE 122 | GALVESTON | TX | 77550 | NONE | PUBLIC | GENERAL | $500 |
| GALVESTON ARTS CENTER | |||||||
| 2127 STRAND | GALVESTON | TX | 77550 | NONE | PUBLIC | GENERAL | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $41,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $38,403 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $26,130 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $64,533 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $64,533 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | E J WALSH ASSOC | CategoryTxt |
| Amt | $3,625 | Amt |
| Net Investment Income | $1,450 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,450 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,175 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | MERRILL LYNCH A/C #518-04126 CORP BONDS | BondNm |
| EOY Book Value | $25,263 | EOYBookValueAmt |
| EOYFMV | $25,034 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CISCO SYSTEMS, INC | $111,647 | $243,061 |
| MERRILL LYNCH A/C # 518-04126 | $63,689 | $85,000 |
| I SHARES TRUST DOW JONES SELECT | $130,976 | $234,576 |
| GENERAL ELECTRIC, INC | $65,044 | $25,859 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $28,227 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $28,094 | USGovtObligationsEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $33 | LegalFeesAmt |
| Net Investment Income | $13 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $13 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $21 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEVIN VENTURES LIMITED PARTNERSHIP | Desc |
| BOY Book Value | $63,840 | BOYBookValueAmt |
| EOY Book Value | $71,171 | EOYBookValueAmt |
| EOYFMV | $478,204 | EOYFMVAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ADJUST BOOK VALUE OF LEVIN VENTURES LP | $7,331 |
| US TREASURY REFUND | $116 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MERRILL LYNCH | CategoryTxt |
| Amt | $2,852 | Amt |
| Net Investment Income | $1,339 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,339 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,513 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAXES | $542 | |
| FOREIGN TAXES PAID | $32 | $32 |
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