FORT WORTH ART ASSOCIATION ENDOWMENT FOUNDATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
FORT WORTH ART ASSOCIATION ENDOWMENT FOUNDATION (EIN 45-4746777)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-04-09
IRS object ID
201830999349300618
Schema version
2016v3.0
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)
Return2018-04-09T10:45:36-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN752393478PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WHITLEY PENN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11400 WEST 7TH STREET STE 400AddressLine1Txt
CityFT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454746777EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FORT WORTH ART ASSOCIATIONBusinessNameLine1Txt
Business Name Line2ENDOWMENT FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFORTBusinessNameControlTxt
Phone8177389215PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13200 DARNELL STREETAddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76107ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAMAR TANNAPersonNm
Person TitleVICE PRESIDENTPersonTitleTxt
Phone8177389215PhoneNum
Signature2018-03-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTY CATESPreparerPersonNm
PTINP00440503PTIN
Phone8172599100PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address12.0.230.112IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-03-29IPDt
IP Tm20:58:01IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id477C79233C126127AD56878610F88F23DA97249FAtSubmissionCreationDeviceId
At Submission Filing Device IdE1A53D438F3A62E303FFD2CADADD0DF4B8764238AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerARDON MOOREPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13200 DARNELL STREETAddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76107ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$20,786,116GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE FORT WORTH ART ASSOCIATION, A SEC. 501(C)(3) ORGANIZATION. THE FOUNDATION IS RESPONSIBLE FOR THE ADMINISTRATION OF THE LONG TERM INVESTMENTS HELD FOR THE BENEFIT OF THE ASSOCIATION AND ITS AFFILIATES.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$299TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,834,278PYContributionsGrantsAmt
CY Contributions Grants$6,026,660CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$4,330,670PYInvestmentIncomeAmt
CY Investment Income$4,281,398CYInvestmentIncomeAmt
PY Other Revenue$240,706PYOtherRevenueAmt
CY Other Revenue$272,448CYOtherRevenueAmt
PY Total Revenue$7,405,654PYTotalRevenueAmt
CY Total Revenue$10,580,506CYTotalRevenueAmt
PY Grants And Similar Paid$5,704,351PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$4,611,505CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$769,561PYOtherExpensesAmt
CY Other Expenses$668,763CYOtherExpensesAmt
PY Total Expenses$6,473,912PYTotalExpensesAmt
CY Total Expenses$5,280,268CYTotalExpensesAmt
PY Revenues Less Expenses$931,742PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,300,238CYRevenuesLessExpensesAmt
Total Assets BOY$99,804,629TotalAssetsBOYAmt
Total Assets EOY$115,081,090TotalAssetsEOYAmt
Total Liabilities BOY$2,570,332TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,944,142TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$97,234,297NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$112,136,948NetAssetsOrFundBalancesEOYAmt
MissionTO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE FORT WORTH ART ASSOCIATION, A SEC. 501(C)(3) ORGANIZATION. THE FOUNDATION IS RESPONSIBLE FOR THE ADMINISTRATION OF THE LONG TERM INVESTMENTS HELD FOR THE BENEFIT OF THE ASSOCIATION AND ITS AFFILIATES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,611,505ExpenseAmt
Grant$4,611,505GrantAmt
DescTHE FORT WORTH ART ASSOCIATION ENDOWMENT FOUNDATION IS A GROUP OF FUNDS HELD FOR THE PURPOSE OF FUNDING ART PURCHASES AND OTHER PROGRAM SERVICES IN SUPPORT OF THE FORT WORTH ART ASSOCIATION.Desc
Total Program Service Expenses$4,611,505TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing Body0MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOANETTE GARWOODBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8177389215PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13200 DARNELL STREETAddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76107ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
ARDON MOORE
PRESIDENT/TRUSTEE0.50Yes (X)Yes (X)$0$0$0
AMAR TANNA
VICE PRESIDENT/TRUSTEE0.50Yes (X)Yes (X)$0$0$01.00
RAFA GARZA
TREASURER/TRUSTEE0.50Yes (X)Yes (X)$0$0$01.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OCH-ZIFF CAPITAL MANAGEMENT GROUPBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line19 WEST 57TH STREET 39TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
ServicesINVESTMENT SERVICESServicesDesc
Compensation$402,649CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Related Organizations$420,000RelatedOrganizationsAmt
All Other Contributions$5,606,660AllOtherContributionsAmt
Total Contributions$6,026,660TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,032,730TotalRevenueColumnAmt
Exclusion$1,032,730ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$13,454,278SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$10,205,610SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$3,248,668SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,248,668TotalRevenueColumnAmt
Exclusion$3,248,668ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
NET INCOME FROM PARTNERSHIPS900099$267,587$299$267,288
MISCELLANEOUS INCOME900099$4,861$4,861
FieldValueIRS element (for citing)
Other Revenue Total$272,448OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,580,506TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$299UnrelatedBusinessRevenueAmt
Exclusion$4,553,547ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$4,611,505TotalAmt
Program Services$4,611,505ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$668,763TotalAmt
Management And General$668,763ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,280,268TotalAmt
Program Services$4,611,505ProgramServicesAmt
Management And General$668,763ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$860,497BOYAmt
EOY$7,510,157EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,144,006BOYAmt
EOY$4,891,980EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$50,408,459BOYAmt
EOY$52,917,271EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$43,340,706BOYAmt
EOY$47,358,078EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,050,961BOYAmt
EOY$2,403,604EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$99,804,629BOYAmt
EOY$115,081,090EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,570,332BOYAmt
EOY$2,944,142EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,570,332BOYAmt
EOY$2,944,142EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$43,800,058BOYAmt
EOY$46,709,354EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$38,789,239BOYAmt
EOY$45,885,527EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,645,000BOYAmt
EOY$19,542,067EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$97,234,297BOYAmt
EOY$112,136,948EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$99,804,629BOYAmt
EOY$115,081,090EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$5,300,238ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$9,602,413NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1FORT WORTH ART ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN751107061EIN
Organization Type7OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$4,611,505SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$4,611,505SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$93,762,641BeginningYearBalanceAmt
Contributions$6,026,660ContributionsAmt
Investment Earnings Or Losses$13,646,094InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,316,422GrantsOrScholarshipsAmt
End Year Balance$109,118,973EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$98,591,273BeginningYearBalanceAmt
Contributions$2,314,086ContributionsAmt
Investment Earnings Or Losses-$1,795,708InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,843,120GrantsOrScholarshipsAmt
Administrative Expenses$503,890AdministrativeExpensesAmt
End Year Balance$93,762,641EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$96,826,896BeginningYearBalanceAmt
Contributions$401,365ContributionsAmt
Investment Earnings Or Losses$4,321,171InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,966,706GrantsOrScholarshipsAmt
Administrative Expenses-$8,547AdministrativeExpensesAmt
End Year Balance$98,591,273EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$89,388,290BeginningYearBalanceAmt
Contributions$96,889ContributionsAmt
Investment Earnings Or Losses$13,951,033InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,605,036GrantsOrScholarshipsAmt
Administrative Expenses$3,004,280AdministrativeExpensesAmt
End Year Balance$96,826,896EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Contributions$81,300,378ContributionsAmt
Investment Earnings Or Losses$10,643,834InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,371,742GrantsOrScholarshipsAmt
Administrative Expenses$184,180AdministrativeExpensesAmt
End Year Balance$89,388,290EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.40040BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.17910PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.42050TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
LIMITED PARTNERSHIPS$25,289,489F
OFFSHORE FUNDS$22,068,589F
FieldValueIRS element (for citing)
Total Book Value Securities$47,358,078TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO FORT WORTH ART ASSOCIATIONDesc
Amt$2,944,142Amt
FieldValueIRS element (for citing)
Total Liability$2,944,142TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$19,514,156TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$9,602,413NetUnrealizedGainsInvstAmt
Revenue Not Reported$9,602,413RevenueNotReportedAmt
Revenue Subtotal$9,911,743RevenueSubtotalAmt
Investment Expenses Not Incld$668,763InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$668,763RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,580,506TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,611,505TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,611,505ExpensesSubtotalAmt
Investment Expenses Not Incld2$668,763InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$668,763ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,280,268TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE ENDOWMENT FUNDS ARE HELD FOR THE PURPOSE OF FUNDING ART PURCHASES AND OTHER PROGRAM SERVICES IN SUPPORT OF THE FORT WORTH ART ASSOCIATION.
PART X, LINE 2:THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. THE FOUNDATION FILES A FORM 990 IN THE UNITED STATES FEDERAL JURISDICTION. MANAGEMENT OF THE FOUNDATION BELIEVES THAT IT HAS NOT TAKEN A TAX POSITION THAT, IF CHALLENGED, WOULD HAVE A MATERIAL EFFECT ON THE FOUNDATION'S FINANCIAL STATEMENTS. NO TAX RETURNS ARE CURRENTLY UNDER EXAMINATION BY ANY TAX AUTHORITIES.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1FORT WORTH ART ASSOCIATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13200 DARNELL STREETAddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76107ZIPCd
FieldValueIRS element (for citing)
Recipient EIN751107061RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$4,611,505CashGrantAmt
Purpose Of GrantFUND ART PURCHASES AND OTHER PROGRAM SERVICES IN SUPPORT OF THE FORT WORTH ART ASSOCIATION.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION MONITORS THE USE OF GRANTS MADE TO THE FORT WORTH ART ASSOCIATION BY HAVING COMMON BOARD MEMBERS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2ARDON MOORE AND AMAR TANNA ARE EMPLOYED BY THE SAME EMPLOYER.
FORM 990, PART VI, SECTION A, LINE 8ATHERE WERE NO MEETINGS OF THE GOVERNING BODY IN THE CURRENT YEAR. IF MEETINGS ARE DEEMED NECESSARY, THEY WILL BE DOCUMENTED.
FORM 990, PART VI, SECTION A, LINE 8BTHERE WERE NO MEETINGS OF THE GOVERNING BODY IN THE CURRENT YEAR. IF MEETINGS ARE DEEMED NECESSARY, THEY WILL BE DOCUMENTED.
FORM 990, PART VI, SECTION B, LINE 11BBOTH THE MUSEUM DIRECTOR AND THE CFO OF THE FORT WORTH ART ASSOCIATION REVIEW FORM 990 IN DETAIL PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CDIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION HAS NO COMPENSATED EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE FINANCIAL REPORTING PROCESS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1FORT WORTH ART ASSOCIATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13200 DARNELL STREETAddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76107ZIPCd
FieldValueIRS element (for citing)
EIN751107061EIN
Primary ActivitiesOPERATION OF THE MODERN ART MUSEUMPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
FORT WORTH ART ASSOCIATION
B$4,611,505CASH
FORT WORTH ART ASSOCIATION
E$2,944,142CASH
FORT WORTH ART ASSOCIATION
C$420,000CASH

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