MEDALLION FOUNDATION INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: MEDALLION FOUNDATION INC (EIN 76-0141071)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-11-14
IRS object ID: 201713189349102661
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
Form 990-PF
Schedule B
Accounting Fees Schedule
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Reduction Explanation Statement
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-11-14T16:08:21-06:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	473685506	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Thayer O'Neal Company LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	101 Parklane Blvd 201	AddressLine1Txt
City	Sugar Land	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77478	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2016-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	760141071	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Medallion Foundation Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MEDA	BusinessNameControlTxt
Phone	7136291381	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1407 Fannin Street	AddressLine1Txt
City	Houston	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77002	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Robert J Pilegge	PersonNm
Person Title	Director	PersonTitleTxt
Phone	7136291381	PhoneNum
Signature	2017-11-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	John Thayer	PreparerPersonNm
PTIN	P00223490	PTIN
Phone	2815528430	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	50.240.240.125	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2017-11-14	IPDt
IP Tm	16:08:18	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	A21786E6D528B16E0E6C379941647BB8406F1CBE	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2017-02-10 21:41:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$53,221,614	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	$9,404,045	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$1,041,147	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$1,039,495	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$263,389	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$263,389	DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss	$457,978	GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm	$457,978	GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss	$457,978	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	$30,649	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,556,745	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$30,649	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$555,613	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$555,613	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$11,752,821	TotalRevAndExpnssAmt
Total Net Invst Incm	$2,347,124	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$36,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$18,000	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$18,000	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$88,839	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$88,839	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$0	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$17,955	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$17,955	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$501,219	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$501,219	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$213,352	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$213,352	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$857,365	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$839,365	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$18,000	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$700,104	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$700,104	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,557,469	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$839,365	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$718,104	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$10,195,352	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,507,759	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$228,944	CashBOYAmt
Sav And Temp Cash Invst BOY	$800,161	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$201,037	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$201,037	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$28,370,141	AcctRcvblAmt
Acct Rcvbl BOY	$18,759,301	AcctRcvblBOYAmt
Acct Rcvbl EOY	$28,370,141	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$26,879,934	AcctRcvblEOYFMVAmt
Land Bldg Investments BOY	$5,130,397	LandBldgInvestmentsBOYAmt
Other Investments BOY	$41,511,929	OtherInvestmentsBOYAmt
Other Investments EOY	$47,962,194	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$24,847,549	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$1,596,412	LandBldgEquipCostOrOtherBssAmt
Land BOY	$1,596,412	LandBOYAmt
Land EOY	$1,596,412	LandEOYAmt
Land EOYFMV	$1,293,094	LandEOYFMVAmt
Other Assets BOY	$266,179	OtherAssetsBOYAmt
Other Assets EOY	$294,829	OtherAssetsEOYAmt
Other Assets EOYFMV	$0	OtherAssetsEOYFMVAmt
Total Assets BOY	$68,293,323	TotalAssetsBOYAmt
Total Assets EOY	$78,424,613	TotalAssetsEOYAmt
Total Assets EOYFMV	$53,221,614	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$838,911	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$851,283	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$838,911	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$851,283	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$1,774,205	CapitalStockBOYAmt
Capital Stock EOY	$1,774,205	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$65,680,207	RetainedEarningBOYAmt
Retained Earning EOY	$75,799,125	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$67,454,412	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$77,573,330	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$68,293,323	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$78,424,613	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$67,454,412	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$10,195,352	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$77,649,764	SubtotalAmt
Other Decreases	$76,434	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$77,573,330	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (23 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Gross Sales PriceGrossSalesPriceAmt
ST PASSTHROUGH FROM FRINKELSTEIN	P	2016-01-01	2016-12-31	$113,869	-$113,869	-$113,869
LT PASSTHROUGH FROM FINKELSTEIN	P	2015-01-01	2016-12-31		$194,340	$194,340	$194,340
LT PASSTHROUGH FROM FINKELSTEIN	P	2015-01-01	2016-12-31		$1,563	$1,563	$1,563
LT PASSTHROUGH FROM STEFIL	P	2015-01-01	2016-12-31		$10,426	$10,426	$10,426
HARBOR HI YLD BD I	P	2016-06-09	2016-07-25	$25,000	$279	$279	$25,279
ISHS MSCI EAFE INDEX ETF	P	2016-06-09	2016-12-12	$29,445	-$201	-$201	$29,244
VNGRD HIGH DIV YLD ETF	P	2016-01-28	2016-11-26	$50,640	$8,682	$8,682	$59,322
VNGRD INT TM INV GD ADML	P	2016-07-28	2016-12-31	$200,000	-$7,905	-$7,905	$192,095
WSDMTRE EURO HDGD EQ ETF	P	2015-09-29	2016-06-09	$61,406	-$400	-$400	$61,006
DIREHAUS E/MKT GRW	P	2014-01-01	2016-01-28	$100,987	-$20,987	-$20,987	$80,000
DIREHAUS E/MKT GRW	P	2014-05-09	2016-07-28	$16,596	-$1,596	-$1,596	$15,000
DIREHAUS E/MKT GRW	P	2014-05-09	2016-12-12	$47,416	-$6,080	-$6,080	$41,336
FPA CRESCENT	P	2015-01-01	2016-01-28	$133,067	-$7,785	-$7,785	$125,282
HARBOR HI YLD BD I	P	2015-01-01	2016-07-25	$90,711	-$9,914	-$9,914	$80,797
ISHS MSCI EAFE INDX ETF	P	2013-05-03	2016-07-28	$65,572	-$5,471	-$5,471	$60,101
ISHS MSCI EAFE INDEX ETF	P	2015-01-01	2016-12-12	$141,776	-$7,837	-$7,837	$133,939
CLRBRDG AGG GRW I	P	2013-05-02	2016-06-09	$59,169	$15,831	$15,831	$75,000
MAINSTRY CONV I	P	2014-01-07	2016-07-28	$64,232	-$4,232	-$4,232	$60,000
MTHWS PAC TIGER INVS	P	2014-07-31	2016-07-28	$11,163	-$1,163	-$1,163	$10,000
RDGWRTH SEIX FL T RT I	P	2013-05-02	2016-12-13	$100,000	-$3,850	-$3,850	$96,150
SPDR D&P 500	P	2013-05-03	2016-01-31	$106,663	$18,055	$18,055	$124,718
VNGRD FTSE EMG MKTS ETF	P	2015-01-01	2016-01-28	$59,547	-$18,676	-$18,676	$40,871
mtHWS PAC TIGER INVS	P	2014-07-31	2016-12-12	$48,837	-$8,561	-$8,561	$40,276

Field	Value	IRS element (for citing)
Capital Gain Net Income	$30,649	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$589,006	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$25,833,669	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.022800	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$521,652	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$17,042,085	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.030610	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$806,016	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$17,377,294	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.046383	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$733,423	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$14,813,560	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.049510	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$1,421,422	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$24,490,638	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.058039	DistributionYr5Rt
Total Distribution	0.207342	TotalDistributionRt
Average Distribution	0.041468	AverageDistributionRt
Net Vl Noncharitable Assets	$26,248,400	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$1,088,469	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$15,078	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$1,103,547	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$718,104	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$30,155	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$30,155	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$30,155	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$80,244	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$80,244	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Overpayment	$50,089	OverpaymentAmt
Applied To ES Tax	$50,089	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	0	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	TX	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	The Medallion Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7136540144	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1407 Fannin St	AddressLine1Txt
City	Houston	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77002	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
Robert J Pilegge
1407 Fannin St	Houston	TX	77002	Director	4.00	$12,000	$0	$0
Jereld E McQueen
1407 Fannin St	Houston	TX	77002	Director	3.00	$12,000	$0	$0
Mark L Entmann
4849 Dumfries	Houston	TX	77096	Director	2.00	$12,000	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$615,071	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$26,033,051	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$26,648,122	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$27,188,564	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$26,648,122	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$399,722	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$26,248,400	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,312,420	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,312,420	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$30,155	TaxBasedOnInvestmentIncomeAmt
Total Tax	$30,155	TotalTaxAmt
Distributable Before Adj	$1,282,265	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,282,265	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,282,265	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$718,104	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$718,104	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$718,104	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,282,265	DistributableAsAdjustedAmt
Undistributed Income PY	$564,291	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$718,104	QualifyingDistributionsAmt
Applied To Year1	$564,291	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$153,813	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$1,128,452	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	The Medallion Foundation Inc	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	1407 Fannin St	AddressLine1Txt
City	Houston	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77002	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	7136540144	RecipientPhoneNum
Form And Info And Materials	Prescribed information requests supplied to applicants	FormAndInfoAndMaterialsTxt
Submission Deadlines	None	SubmissionDeadlinesTxt
Restrictions On Awards	None	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (43 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
AIDS Foundation Houston
6260 Westpark Dr Suite 100	Houston	TX	77057	none	opc	Stone Soup Food Pantry	$5,000
American Heart Association
7272 Greenville Avenue	Dallas	TX	75231	none	OPC	71 CPR iin Schools Training	$44,375
Amschwand Sarcoma Cancer Foundation
2726 Bissonnet St Ste 240-314	Houston	TX	77005	none	OPC	Housting program	$50,000
Altamont School
4801 Altamont Rd S	Birmingham	AL	35222	none	opc	Supporitve Services for Residents	$20,000
Bay Area Habitat for Humanity
2900 Dickinson Ave	Dickinson	TX	77539	none	opc	New home construction FY 2016 -2017	$15,000
Baylor College
6620 Main St	Houston	TX	77030	None	OPC	Mark Entman Endowed Fund for CVRI	$100,000
Be A Resource fo CPS Kids
6300 Chimney Rock Rd	Houston	TX	77081	none	opc	School Uniforms	$10,000
Brazos Education Foundation
111 S 18th Street	Waco	TX	76701	none	opc	Endowed Scholarship Fund	$5,000
Casa De Esperanza
1407 Wichita St	Houston	TX	77054	None	OPC	Technology upgrades for Program Center	$7,000
Child Advocates Inc
3701 Kirby Drive Suite 400	Houston	TX	77098	None	OPC	Telecom equipment for new office space	$85,000
Diocesan Services Fund
1700 San Jacinto St	Houston	TX	77002	none	opc	Match Donation made by Robert Pilegge	$1,000
Have Shears Will Travel
3007 Woodland Hills Dr	Kingwood	TX	77339	none	opc	RV For Mobile Hair Salon	$1,000
Healthcare for homeless
1934 Caroline St	Houston	TX	77002	none	opc	Furniture, fixtures, equipment for new clinic	$10,000
Holocaust Meseum Houston
5401 Caroline St	Houston	TX	77004	none	opc	Butterfly Project-one bonnet	$10,000
Houston Christian High School
2700 West Sam Houston Pkwy N	Houston	TX	77043	none	opc	Matching donation made by Nadine Murphy	$350
Houston Hospice
1905 Holcombe Blvd	Houston	TX	77030	none	opc	Charity Care Program	$5,000
Miracle Flights
5740 S Eastern Ave Ste 240	Las Vegas	NV	89119	none	opc	Flights for Kids program - Houston/Texas	$5,000
Memorial High School Booster Club
935 Echo Ln	Houston	TX	77024	none	opc	Paver for field Houston	$5,000
Northwest Assistance Ministries
15555 Kuykendahl Rd	Houston	TX	77090	none	opc	Capital Campaign for new REtail and Training Center	$3,000
Open Door Mission
5803 Harrisburg Blvd	Houston	TX	77011	none	opc	Convalescent Care Center program expense	$10,000
Passthrough from Finklestein
PO Box 1101	Houston	TX	77251	none	opc	Passthrough	$8,029
Robert M Beren Academy
11333 Cliffwood Dr	Houston	TX	77035	none	opc	Smart Board	$6,000
Search Homeless Service
2015 Congress Ave	Houston	TX	77002	none	opc	House of Tiny Treasires educational program	$25,000
Seven Acres Jewish Center
6200 N Braeswood Blvd	Houston	TX	77074	none	opc	Match donation by Mark & Carol Entman	$2,750
SIRE INC
24161 Spring Dr	Hockley	TX	77447	none	opc	Barn at Spring Site	$25,000
St Dominic Village
2401 Holcombe Blvd	Houston	TX	77021	none	opc	Renovate Skilled Nursing Stations 1, 3 & 4	$50,100
ST James the Apostle Catholic Church
22800 Aldine Westfield	Spring	TX	77373	none	opc	Beds & Mattresses for nursing care residents	$10,000
St Jude Childrens
262 Danny Thomas PLace	Memphis	TN	38105	none	opc	2nd installment of 3 year $50,000 greant- Phse II Pediatric Cancer	$20,000
Strake Jesuit Preparatory
8900 Bellaire Blvd	Houston	TX	77036	None	OPC	Employee Match Grant	$500
The Beacon
1212 Prairie St	Houston	TX	77002	none	opc	Rent-Brigid's Hope	$2,500
The Mission of Yahweh
10247 Algiers Rd	Houston	TX	77041	none	opc	Passenger Van	$5,000
The Periwinkle Foundation
3400 Bissonnet Street Suite 185	Houston	TX	77005	none	opc	Camp Periwinkle	$10,000
The Sunshine Kids
2814 Virginia	Houston	TX	77098	None	OPC	Activities for Houston Area	$10,000
The University of Texas
23rd	Austin	TX	78759	None	OPC	UTHealth 2016 Stomp Out Stroke Festival Houston / ULN	$52,000
The Women's Home
607 Westheimer Rd	Houston	TX	77006	none	OPC	Const. of Whole Life Service Center	$25,000
Therapy Pet Pals of Texas
3930 Bee Cave Rd	West Lake Hills	TX	78746	none	opc	Recruit/Train 10 Pet Pal Volunteers	$2,000
Undies for Everyone
1700 Bissonnet Street	Houston	TX	77005	none	opc	undergarments for disadvantaged students	$5,000
Vecino Health Center
424 Hahlo St	Houston	TX	77020	none	opc	Primary care for uninsured pattients	$5,000
Virtuosi of Houston
2121 Kirby Drive 117	Houston	TX	77019	none	opc	Musical Touch Initiative	$5,000
Vita-Living Inc
3300 S Gessner Rd 150	Houston	TX	77063	none	opc	Renovation costs for new group home	$25,000
Young Audiences Inc of Houston
4550 Post Oak Place Dr 230	Houston	TX	77027	none	opc	Arts-in-education for Houston Schools	$7,500
Wellspring Village Inc
PO Box 311017	Houston	TX	77231	none	opc	Supporitve Services for Residents	$5,000
The Focus Foudndation
2772 Rutland Rd	Davidsonville	MD	21035	None	OPC	Chromosomal Disorder	$2,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$700,104	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,041,147	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$263,389	ExclusionAmt

Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp

Field	Value	IRS element (for citing)
Business	531120	BusinessCd
Unrelated Business Taxbl Incm	$423,441	UnrelatedBusinessTaxblIncmAmt
Exclusion	16	ExclusionCd
Exclusion	$34,537	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$555,613	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$30,649	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$423,441	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,925,335	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$2,348,776	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Estate of Hubert S Finkelstein	BusinessNameLine1Txt

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	1407 Fannin	AddressLine1Txt
City	Houston	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77002	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$9,404,045	TotalContributionsAmt
Noncash Contribution	Yes (X)	NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Noncash Property	lot 1,3,4,5,6,9,10,13,14,15 Block 6, in La Ventana, Phase 6A, a subdivision	NoncashPropertyDesc
Fair Market Value	$9,404,045	FairMarketValueAmt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	Accounting	CategoryTxt
Amt	$17,955	Amt
Net Investment Income	$17,955	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (5 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
Stifel Brokerage STatement	FMV	$3,039,401	$3,039,401
Finkelstien Partners LTD	FMV	$37,695,032	$15,454,963
Shadow Creek Center LLC	FMV	$1,020,640	$867,544
Riverstone Plaza	FMV	$4,809,866	$4,088,386
silverlake plaza	FMV	$1,397,255	$1,397,255

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	Legal	CategoryTxt
Legal Fees	$88,839	LegalFeesAmt
Net Investment Income	$88,839	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
Brazoria County Mud	$750
Federal Taxes	$50,844	$80,244
Accrued Interest Income	$214,585	$214,585

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	Unrealized Gain/Losses	Desc
Amt	$76,434	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Liability Insurance	$4,067	$4,067	$0
Investment Expenses	$27,684	$27,684	$0
Portfolio Deductions	$181,601	$181,601	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
Passthrough from Finkelstein	$594,501	$594,501	$594,501
passthrough from Finkelstein	-$112,410	-$112,410	-$112,410
Passthrough From Finkelstein	$13,381	$13,381	$13,381
Passthrough from Shadow Creek	$58,643	$58,643	$58,643
Barclays Mutual Fund Settlement	$1,498	$1,498	$1,498

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (5 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
Finkelstein Payable - Cost Depletion	$613,031	$613,031
Deposits - M. Rambin Reserve	$4,640	$0
Estate of Hubert Payable	$212,676	$212,676
Tenant Deposits	$8,564	$0
Federal Tax Payable	$0	$25,576

Reduction Explanation Statement ReductionExplanationStatement

Field	Value	IRS element (for citing)
Short Explanation	Minority Level Discounts (Lack of liquidity & Lack of Marketability)Book Value - BVFair Market Value - FMVMinimum Investment Calculation - MIC Finkelstein note BV: 201037 FMV: 201037 MIC: 615071 INVESTMENT - STIFEL BV: 3039401 FMV: 3039401 MIC:2931809 INVESTMENT FPL BV: 37695032 FMV: 15454963 MIC: 15454963 INVESTMENT RIVERSTONE BV: 4809866 FMV: 4088386 MIC: 4088386 INVESTMENT SHADOW CREEK BV: 1020640 FMV: 867544 MIC: 867544 INVESTMENT SILVERLAKE BV: 1397255 FMV: 1397255 MIC: 1397255 LAND BV: 1596412 FMV: 1293093 MIC: 1293093 ACCRUED INTEREST RECEIVABLE BV: 214585 FMV: 0 MIC:0 990 T TAX PREPAYMENT BV: 80244 FMV: 0 MIC: 0	ShortExplanationTxt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	Taxes & Operating Expenses	CategoryTxt
Amt	$501,219	Amt
Net Investment Income	$501,219	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt