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WI AND INEZ DAVIS FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
WI AND INEZ DAVIS FOUNDATION (EIN 75-2574976)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-15
IRS object ID
201703199349102905
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)
Return2017-11-15T14:01:39-06:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN721434223PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1C SCOTT MASSEY CPA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1333 TEXAS STREET SUITE 700AddressLine1Txt
CitySHREVEPORTCityNm
State AbbreviationLAStateAbbreviationCd
ZIP71101ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN752574976EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE WI & INEZ DAVIS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWI&IBusinessNameControlTxt
Phone9365982389PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 2077AddressLine1Txt
CityCENTERCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75935ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCYNTHIA GRIFFINPersonNm
Person TitleCO-TRUSTEEPersonTitleTxt
Phone9365982389PhoneNum
Signature2017-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
PTINP00042109PTIN
Phone3182209939PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address23.118.139.17IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-11-14IPDt
IP Tm14:42:52IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdC4F55AC523805B216CAB1AB62C02F6094715F55AAtSubmissionCreationDeviceId
At Submission Filing Device IdF6EF68E445A615AF66D1AA104435C0A74F834B6FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,666,578FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$22,642InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$22,642InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$67,277DividendsRevAndExpnssAmt
Dividends Net Invst Incm$67,277DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$54,000GrossRentsRevAndExpnssAmt
Net Rental Income Or Loss$43,816NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$1,494NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$350,145GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,494CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$320OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$320OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$145,733TotalRevAndExpnssAmt
Total Net Invst Incm$91,733TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$3,083AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$244TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$10,184DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss$14,533OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$11,681OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$28,044TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$11,681TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$72,335ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$72,335ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$100,379TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$11,681TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$72,335TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$45,354ExcessRevenueOverExpensesAmt
Net Investment Income$80,052NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$226,449SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$204,786SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$204,786SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$736,437CorporateStockBOYAmt
Corporate Stock EOY$766,573CorporateStockEOYAmt
Corporate Stock EOYFMV$848,921CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis$425,000InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$17,010InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$418,174LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$407,990LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$425,000LandBldgInvestmentsEOYFMVAmt
Other Investments BOY$2,048,290OtherInvestmentsBOYAmt
Other Investments EOY$2,095,355OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,187,871OtherInvestmentsEOYFMVAmt
Total Assets BOY$3,429,350TotalAssetsBOYAmt
Total Assets EOY$3,474,704TotalAssetsEOYAmt
Total Assets EOYFMV$3,666,578TotalAssetsEOYFMVAmt
Deferred Revenue BOY$270,000DeferredRevenueBOYAmt
Total Liabilities BOY$270,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$3,159,350CapitalStockBOYAmt
Capital Stock EOY$3,474,704CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$0RetainedEarningBOYAmt
Retained Earning EOY$0RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$3,159,350TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,474,704TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,429,350TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,474,704TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,159,350TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$45,354ExcessRevenueOverExpensesAmt
Other Increases$270,000OtherIncreasesAmt
Subtotal$3,474,704SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$3,474,704TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (55 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
CHUBB INC- 0.28930 SHARESP2016-01-152016-01-15$32$32$0$0
CHUBB INC- 47.00 SHARESP2013-11-212016-01-15$6,098$4,465$1,633$1,633
CONOCOPHILLIPS- 69.00 SHARESP2013-11-212016-01-28$2,596$5,028-$2,432-$2,432
NORDSTROM INC- 72.00 SHARESP2013-11-212016-11-17$4,216$4,452-$236-$236
VERSUM MATERIALS INC- 20.50 SHARESP2013-11-212016-10-20$486$385$101$101
AMERICAN EXPRESS COMPANY- 59.00 SHARESP2015-06-162016-03-04$3,434$4,707-$1,273-$1,273
COCA-COLA ENTERPRISES- 39.00 SHARESP2015-08-172016-05-31$566$532$34$34
HEWLETT PACKARD- 146.00 SHARESP2015-07-212016-01-19$1,812$2,353-$541-$541
ISHARES CORE S&P- 70.00 SHARESP2016-05-192016-08-23$10,815$10,002$813$813
ISHARES RUSSELL- 48.00 SHARESP2016-09-012016-12-21$6,590$5,902$688$688
ISHARES INTERMEDIATE CREDIT- 8.00 SHARESP2015-11-042016-01-29$863$867-$4-$4
SPDR S&R 500 TRUST- 22.00 SHARESP2016-03-232016-08-23$4,826$4,393$433$433
UNION PACIFIC- 44.00 SHARESP2015-10-082016-01-29$3,137$4,276-$1,139-$1,139
US TREASURY- 5000.00 SHARESP2016-03-082016-08-23$5,303$5,161$142$142
VANGUARD REIT- 32.00 SHARESP2015-12-312016-09-29$2,810$2,548$262$262
WESTAR ENERGY INC- 132.00 SHARESP2016-02-112016-08-15$7,020$5,973$1,047$1,047
COCA-COLA ENTERPRISES- 39.00 SHARESP2015-08-172016-06-30$1,387$1,506-$119-$119
ABM INDUSTRIES INC- 167.00 SHARESP2013-06-272016-03-11$5,198$3,947$1,251$1,251
AGRIUM INC- 44.00 SHARESP2013-06-272016-04-19$3,758$3,963-$205-$205
AMGEN INC- 27.00 SHARESP2014-04-252016-08-23$4,719$2,895$1,824$1,824
CH ROBINSON WORLDWIDE- 62.00 SHARESP2013-09-252016-08-23$4,305$3,813$492$492
COCA-COLA ENTERPRISES- 46.00 SHARESP2014-12-052016-05-31$667$233$434$434
CORRECTIONS CORP- 157.00 SHARESP2013-08-282016-03-11$4,779$5,215-$436-$436
CRACKER BARREL- 82.00 SHARESP2014-03-042016-02-10$10,825$8,345$2,480$2,480
DIEBOLD NIXDORF INCORP- 219.00 SHARESP2014-10-172016-05-19$5,099$7,266-$2,167-$2,167
DILLARDS INC- 48.00 SHARESP2013-10-292016-02-10$3,278$3,987-$709-$709
EASTMAN CHEMICAL CO- 65.00 SHARESP2013-06-272016-02-11$3,806$4,564-$758-$758
FIFTH THIRD BANCORP- 429.00 SHARESP2014-09-102016-02-11$6,686$8,652-$1,966-$1,966
GAMESTOP CORP- 104.00 SHARESP2014-05-152016-05-19$2,893$3,730-$837-$837
HOLLYFRONTIER CORP- 168.00 SHARESP2013-08-122016-06-06$4,565$7,654-$3,089-$3,089
ISHARES MSCI GERMANY- 157.00 SHARESP2013-05-012016-10-18$4,063$3,969$94$94
ISHARES IBOXX & INVESTMENT- 77.00 SHARESP2012-12-272016-03-23$9,045$9,334-$289-$289
ISHARES JP MORGAN- 73.00 SHARESP2012-01-062016-01-29$7,727$7,955-$228-$228
ISHARES INTERMEDIATE CREDIT- 63.00 SHARESP2012-12-272016-01-29$6,796$6,997-$201-$201
ISHARES MSCI UNITED KINGDOM- 207.00 SHARESP2013-08-082016-01-29$3,165$3,943-$778-$778
LINDSAY CORPORATION- 112.00 SHARESP2014-08-282016-05-25$7,735$8,697-$962-$962
MEREDITH CORP- 185.00 SHARESP2014-02-042016-02-10$7,339$8,005-$666-$666
PHILLIPS 66- 102.00 SHARESP2013-08-052016-11-02$7,978$5,081$2,897$2,897
PITNEY BOWES INC- 260.00 SHARESP2013-06-272016-11-17$3,868$3,893-$25-$25
POWERSHARES PREFERRED- 1134.00 SHARESP2014-03-212016-07-28$17,161$16,546$615$615
POWERSHARES S&P SMALLCAP- 96.00 SHARESP2015-08-312016-12-21$6,771$4,694$2,077$2,077
SPDR EURO STOXX- 191.00 SHARESP2014-05-012016-10-18$6,205$8,360-$2,155-$2,155
ST JUDE MEDICAL- 71.00 SHARESP2014-10-232016-05-19$5,397$4,278$1,119$1,119
TYSON FOODS INC- 204.00 SHARESP2013-11-112016-12-06$12,525$5,555$6,970$6,970
VANGUARD FTSE- 119.00 SHARESP2012-11-142016-05-19$4,251$3,970$281$281
VANGUARD INTL EQUITY- 740.00 SHARESP2013-09-162016-08-23$28,149$30,911-$2,762-$2,762
VANGUARD REIT- 164.00 SHARESP2012-12-272016-09-29$14,400$10,136$4,264$4,264
VERIZON COMMUNICATIONS- 180.00 SHARESP2014-03-142016-06-06$9,362$8,136$1,226$1,226
WESTERN DIGITAL CORP- 77.00 SHARESP2014-12-222016-02-11$3,097$8,063-$4,966-$4,966
JOHN WILEY & SONS- 96.00 SHARESP2013-06-272016-02-10$3,910$3,891$19$19
COCA-COLA EUROPEAN- 46.00 SHARESP2014-12-052016-06-30$1,636$1,777-$141-$141
AMERICAN EXPRESS COMPANY- 7000.00 SHARESP2013-06-182016-03-08$6,942$6,919$23$23
WELLS FARGO & CO- 50000.00 SHARESP2013-12-052016-07-20$50,000$50,694-$694-$694
POWERSHARES DB COMMODITY INDEXP$54$54$54
POWERSHARES DB COMMODITY INDEXP$1-$1-$1
FieldValueIRS element (for citing)
Capital Gain Net Income$1,494CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$297,879AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$2,846,261NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.104656DistributionYr1Rt
Adjusted Qlfy Distri Yr2$102,899AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$2,686,360NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.038304DistributionYr2Rt
Adjusted Qlfy Distri Yr3$98,468AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$2,086,006NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.047204DistributionYr3Rt
Adjusted Qlfy Distri Yr4$94,353AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$2,014,489NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.046837DistributionYr4Rt
Adjusted Qlfy Distri Yr5$54,648AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,939,987NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.028169DistributionYr5Rt
Total Distribution0.265170TotalDistributionRt
Average Distribution0.053034AverageDistributionRt
Net Vl Noncharitable Assets$3,013,816NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$159,835AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$801NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$160,636AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$72,335QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,601InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$1,601SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$1,601TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$28EsPenaltyAmt
Tax Due$1,629TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksKELLE WILLIAMSIndividualWithBooksNm
Phone9365989330PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line145 PORTER STAddressLine1Txt
CityCENTERCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75935ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CYNTHIA D GRIFFIN
PO BOX 2077CENTERTX75935CO-TRUSTEE0.00$0$0$0
NEILSON DAVIS
PO BOX 352CENTERTX75935CO-TRUSTEE0.00$0$0$0
GUY W GRIFFIN
PO BOX 2077CENTERTX75935CO-TRUSTEE0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1LEASE QUALITY FACILITIES TO TWO OTHER 501(C)(3) ORGANIZATIONS FOR NOMINAL AMOUNTS PER REGS. SECTION 53.4942(A)-2(C)(3)(11)(F)Description1Txt
Expenses1$54,000Expenses1Amt
Description2CONTRIBUTIONS TO OTHER QUALIFYING 501(C)(3) ORGANIZATIONS TO SUPPORT THEIR CHARITABLE PURPOSES.Description2Txt
Expenses2$18,335Expenses2Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,841,299AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$218,413AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,059,712TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$3,059,712AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$45,896CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,013,816NetVlNoncharitableAssetsAmt
Minimum Investment Return$150,691MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$150,691MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,601TaxBasedOnInvestmentIncomeAmt
Total Tax$1,601TotalTaxAmt
Distributable Before Adj$149,090DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$149,090DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$149,090DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$72,335ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$72,335QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$72,335AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$149,090DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr1$24,356ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$24,356TotalExcessDistributionCyovAmt
Qualifying Distributions$72,335QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$72,335AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$24,356ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$24,356ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$52,399UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ANGELINA COLLEGE
3500 S 1STLUFKINTX75904PFTO SUPPORT ANGELINA COLLEGE SCHOLARSHIP FUND$516
PANOLA COLLEGE
1109 W PANOLA STCARTHAGETX75633PFTO SUPPORT PANOLA COLLEGE SCHOLARSHIP FUND$1,919
SHELBYVILLE ISD SCHOLARSHIP FUND
140 CR 2064SHELBYVILLETX75973PFTO SUPPORT SHELBYVILLE ISD SCHOLARSHIP FUND$15,900
SHELBY COUNTY CHILDREN'S ADVOCACY CENTER
131 TENAHA STREETCENTERTX75935PCTO SUPPORT ABUSED CHILDREN IN FURTHERANCE OF THEIR CHARITABLE MISSION$40,500
COURT APPOINTED SPECIAL ADVOCATES (CASA) OF DEEP EAST TEXAS
PO BOX 1299CENTERTX75935PCTO SUPPORT ADVOCACY IN COURT FOR ABUSED CHILDREN.$13,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$72,335TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$22,642ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$67,277ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Business531120BusinessCd
Related Or Exempt Function Incm$43,816RelatedOrExemptFunctionIncmAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$320ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,494ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$91,733ExclusionAmt
Related Or Exempt Function Incm$43,816RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$135,549TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
5BLEASE QUALITY FACILITIES TO TWO OTHER 501(C)(3) ORGANIZATIONS FOR
5BNOMINAL AMOUNT PER REGS. SECTION 53.4942(A)-2(C)(3)(11)(F)

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryC.SCOTT MASSEY CPA, LLCCategoryTxt
Amt$3,083Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Applied To Prior Year Election AppliedToPriorYearElection

FieldValueIRS element (for citing)
ElectionTHE FOUNDATION HEREBY ELECTS UNDER CODE SEC. 53.4942(A)-3(D)(2) TO APPLY PART OF THE REMAINING QUALIFYING DISTRIBUTIONS TO ANY UNDISTRIBUTED INCOME REMAINING FROM THE YEAR 2010.ElectionDesc

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (3 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
OFFICE BUILDING2015-12-16$330,000$353SL39.000000000000$8,462$0
FURNITURE AND FIXTURES2015-12-16$12,500$223200DB7.000000000000$1,722$0
LAND2015-12-16$82,500L$0$0

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCHEVRON CORP COMMON STOCKStockNm
EOY Book Value$766,573EOYBookValueAmt
EOYFMV$848,921EOYFMVAmt

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (3 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
OFFICE BUILDING$330,000$8,815$321,185
FURNITURE AND FIXTURES$12,500$8,195$4,305
LAND$82,500$0$82,500

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
WELLS FARGO-8131AT COST$843,150$916,485
WELLS FARGO-4903AT COST$1,012,840$989,697
WELLS FARGO-7894AT COST$239,365$281,689

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT ADVISORY FEES$11,661$11,661$0
BANK SERVICE CHARGES$33$0$0
K-1 POWERSHARES DB COMMODITY INDEX$20$20$0
OFFICE EXPENSE$86$0$0
DUES AND SUBSCRIPTIONS$80$0$0
INSURANCE$1,255$0$0
EQUIPMENT EXPENSE$1,398$0$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescTHRU K-1: POWERSHARES DB COMMODITYDesc
Revenue And Expenses Per Books$320RevenueAndExpensesPerBooksAmt
Net Investment Income$320NetInvestmentIncomeAmt
Adjusted Net Income$320AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescELIMINATION OF BOOK DEFERRED LIABILITYDesc
Amt$270,000Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAXESCategoryTxt
Amt$244Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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