SUMNERS FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- SUMNERS FOUNDATION (EIN 75-2734032)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-10-05
- IRS object ID
- 201702789349100105
- 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 Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-10-05T09:09:51-07:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sutton Frost Cary LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 Six Flags Dr Suite 600 | AddressLine1Txt |
| City | Arlington | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76011 | 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 | 752734032 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HATTON W SUMNERS FOUNDATION FOR THE | BusinessNameLine1Txt |
| Business Name Line2 | STUDY & TEACHING OF SELF-GOVERNMENT INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HATT | BusinessNameControlTxt |
| Phone | 2142202128 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 325 N ST PAUL STREET | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID G DRUMM | PersonNm |
| Person Title | Chairman | PersonTitleTxt |
| Signature | 2017-10-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kimberly D Crawford | PreparerPersonNm |
| PTIN | P00446484 | PTIN |
| Phone | 8176498083 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $59,353,571 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $31,300 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $831,467 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $831,467 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $621,213 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $621,213 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $286,180 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,905,912 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $286,180 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $720,306 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $475,397 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,490,466 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,214,257 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $609,332 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $319,051 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $290,281 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $48,271 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $25,262 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $23,009 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $488 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $488 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $25,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $12,500 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $67,102 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $19,316 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $10,352 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $51,801 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $51,801 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $47,528 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $23,764 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $23,764 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $121,243 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $336 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $120,907 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $1,565 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $88 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $1,477 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $513,820 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $217,450 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $35,364 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,486,150 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $670,056 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $517,654 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,401,868 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,551,868 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,888,018 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $670,056 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,069,522 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,397,552 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,544,201 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $277,256 | CashBOYAmt |
| Cash EOY | $436,510 | CashEOYAmt |
| Cash EOYFMV | $436,510 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $496,658 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,820,369 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,820,369 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $156,429 | AcctRcvblAmt |
| Acct Rcvbl BOY | $128,158 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $156,429 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $156,429 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $48,644 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $72,056 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $72,056 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $28,583,109 | CorporateStockBOYAmt |
| Corporate Stock EOY | $25,532,642 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $25,532,642 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $279,402 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $279,402 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $279,402 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $279,402 | LandBldgInvestmentsEOYFMVAmt |
| Mortgage Loans BOY | $6,256,210 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $4,389,853 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $4,389,853 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $23,304,809 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $26,627,846 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $26,627,846 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $122,016 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $83,552 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $47,402 | LandBOYAmt |
| Land EOY | $38,464 | LandEOYAmt |
| Land EOYFMV | $38,464 | LandEOYFMVAmt |
| Total Assets BOY | $59,421,648 | TotalAssetsBOYAmt |
| Total Assets EOY | $59,353,571 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $59,353,571 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $153,578 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $15,040 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $60,867 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $214,445 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $15,040 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $59,207,203 | UnrestrictedBOYAmt |
| Unrestricted EOY | $59,338,531 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $59,207,203 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $59,338,531 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $59,421,648 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $59,353,571 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $59,207,203 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,397,552 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,528,880 | OtherIncreasesAmt |
| Subtotal | $59,338,531 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $59,338,531 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| BROADVIEW OPPORTUNITY FUND | P | 2010-01-01 | 2016-10-31 | $425,000 | $486,222 | -$61,222 | -$61,222 |
| LAZARD INTL EQUTY | P | 2010-01-01 | 2016-10-31 | $380,000 | $386,775 | -$6,775 | -$6,775 |
| LEGG MASON CLEARRIDGE | P | 2010-01-01 | 2016-10-31 | $3,685,409 | $4,132,761 | -$447,352 | -$447,352 |
| NUANCE CONCENTRATED VALUE | P | 2016-01-01 | 2016-10-31 | $450,000 | $458,536 | -$8,536 | -$8,536 |
| VANGUARD INSTITUTIONAL INDEX | P | 2010-01-01 | 2016-01-01 | $3,515,000 | $2,813,473 | $701,527 | $701,527 |
| WILLIAMS BLAIR EMERGING MARKETS | P | 2010-01-01 | 2016-10-31 | $320,000 | $283,017 | $36,983 | $36,983 |
| HERITAGE BUILDING | P | 2010-01-01 | 2016-01-15 | $692,600 | $612,840 | $79,760 | $79,760 |
| GRAHAM ASSET SALE | P | 2010-01-01 | 2016-06-30 | $413,791 | $468,995 | -$55,204 | -$55,204 |
| LINX FUND i | P | 2010-01-01 | 2016-06-30 | $2,024,112 | $1,977,113 | $46,999 | $46,999 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $286,180 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$8,536 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,180,483 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $68,089,950 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04671 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,817,981 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $63,287,615 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04453 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,912,987 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $61,461,439 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04740 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,881,245 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $58,725,473 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04906 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,633,733 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $58,207,876 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04525 | DistributionYr5Rt |
| Total Distribution | 0.232942 | TotalDistributionRt |
| Average Distribution | 0.046588 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $62,925,510 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,931,574 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $15,442 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,947,016 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,069,522 | 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 | $15,442 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $15,442 | SubtotalAmt |
| Tax Based On Investment Income | $15,442 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $106,214 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $106,214 | TotalPaymentsAndCreditsAmt |
| Overpayment | $90,772 | OverpaymentAmt |
| Applied To ES Tax | $90,772 | AppliedToESTaxAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | 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 | WWW.HATTONSUMNERS.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HUGH C AKIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2142202128 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 325 NORTH ST PAUL SUITE 3920 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 752013821 | 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 | Yes (true) | 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 | Yes (true) | 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 (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| DAVID G DRUMM | |||||||
| 901 MAIN STREET STE 500 | DALLAS | TX | 752023767 | Chairman | 2.00 | $29,909 | |
| CHARLES L MOORE | |||||||
| 5901-J WYOMING BLVD NE 154 | ALBUQUERQUE | NM | 87109 | VICE CHAIRMAN | 2.00 | $25,122 | |
| JERRY D REIS | |||||||
| 6012 W CAMPUS CIRCLE DR 210 | IRVING | TX | 75063 | Treasurer | 2.00 | $19,545 | |
| LON R WILLIAMS | |||||||
| 2501 N HARWOOD SUITE 1900 | DALLAS | TX | 75201 | Secretary | 2.00 | $24,911 | |
| W DALE CRANE | |||||||
| PO BOX 92817 | SOUTHLAKE | TX | 76092 | Director | 2.00 | $25,000 | |
| SCOTT M HIGGINBOTHAM | |||||||
| 125 BELLAIRE AVENUE | DUMAS | TX | 79029 | Director | 2.00 | $24,752 | |
| WILLIAM W MEADOWS | |||||||
| 421 W 3RD STREET SUITE 800 | FORT WORTH | TX | 76102 | Director | 2.00 | $21,374 | |
| HUGH C AKIN | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Executive Dir. | 40.00 | $170,500 | $24,675 |
| MIKE MCELROY | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Controller | 40.00 | $83,750 | $12,563 |
| BETH VAN DUYNE | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Director | 2.00 | $19,663 | |
| BRANT C MARTIN | |||||||
| 325 N ST PAUL ST STE 3920 | DALLAS | TX | 75201 | Director | 2.00 | $18,648 | |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WENDY WERNER | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 325 N ST PAUL STREET STE 3920 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | EXEC. ASSISTANT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $70,100 | CompensationAmt |
| Employee Benefits | $10,515 | EmployeeBenefitsAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $26,928,308 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,367,317 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $34,588,141 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $63,883,766 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $63,883,766 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $958,256 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $62,925,510 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,146,276 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,146,276 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,442 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $15,442 | TotalTaxAmt |
| Distributable Before Adj | $3,130,834 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,130,834 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,130,834 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,069,522 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,069,522 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $15,442 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,054,080 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,130,834 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,767,892 | UndistributedIncomePYAmt |
| Qualifying Distributions | $3,069,522 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,767,892 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $301,630 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $2,829,204 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | HUGH C AKIN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 325 N ST PAUL STREET SUITE 3920 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 752013821 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2142202128 | RecipientPhoneNum |
| Recipient Email Address | HUGH@HATTONSUMNERS.ORG | RecipientEmailAddressTxt |
| Form And Info And Materials | LETTER, RESUME OF ORGANIZATION OR PERSON AND OTHER SUPPORTING MATERIAL. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | VARIOUS | SubmissionDeadlinesTxt |
| Restrictions On Awards | AWARDS ARE LIMITED TO THE STUDY AND TEACHING OF THE SCIENCE OF SELF-GOVERNMENT. | 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 |
|---|---|---|---|---|---|---|---|
| BAYLOR UNIVERSITY | |||||||
| 1311 S 5TH ST | WACO | TX | 76706 | NONE | PC | iENGAGE SUMMER CIVICS | $45,000 |
| THE BILL OF RIGHTS INSTITUTE | |||||||
| 200 NORTH GLEBE ROAD | ARLINGTON | VA | 22203 | NONE | PC | CONSTITUTION SEMINAR N.M. | $25,000 |
| FOUNDATION FOR TEACHING ECONOMICS | |||||||
| 260 RUSSELL BLVD | DAVIS | CA | 95616 | NONE | PC | ECONOMICS EDUCATION PROGRAM | $75,000 |
| FUND FOR AMERICAN STUDIES | |||||||
| 1706 NEW HAMPSHIRE AVE | WASHINGTON | DC | 20009 | NONE | PC | UNDERGRAD SCHOLARSHIPS TO WASHINGTON D.C. | $48,475 |
| GLASSHOUSE POLICY | |||||||
| 1408 E 13TH STREET | AUSTIN | TX | 78702 | NONE | PC | Online Public Policy Development | $50,000 |
| HOWARD PAYNE UNIVERSITY | |||||||
| 1000 FISK STREET | BROWNWOOD | TX | 76801 | NONE | PC | Scholarship Program Development | $10,000 |
| HUSTON-TILLOTSON COLLEGE | |||||||
| 900 CHICON STREET | AUSTIN | TX | 78702 | NONE | PC | SUMNERS SCHOLARSHIPS | $72,000 |
| IGNITE TEXAS | |||||||
| PO BOX 300182 | AUSTIN | TX | 78703 | NONE | PC | CIVIC/POLITICAL ENGAGEMENT BY YOUNG WOMEN | $25,000 |
| INSTITUTE FOR POLICY INNOVATION | |||||||
| 1660 S INTERSTATE 35-E | LEWISVILLE | TX | 75067 | NONE | PC | HWS DISTINGUISHED LECTURES (#1 OF 2) | $75,000 |
| LAW FOCUSED EDUCSTATE BAR OF TEXAS | |||||||
| 14651 DALLAS PKWY | DALLAS | TX | 75254 | NONE | PC | "BEING AN AMERICAN" CURRICULUM | $27,728 |
| NEW MEXICO FIRST | |||||||
| 505 MARQUETTE AVE | ALBUQUERQUE | NM | 87102 | NONE | PC | IMPLEMENT PUBLIC EDUCATION AFTER TOWN HALL MEETING | $70,000 |
| NEW MEXICO STATE UNIVERSITY FOUNDATION | |||||||
| 1780 E UNIVERSITY AVE | LAS CRUCES | NM | 88003 | NONE | PC | DOMENICI PUBLIC POLICY CONFERENCE | $25,000 |
| PHILANTHROPY ROUNDTABLE | |||||||
| 1730 M STREET NM | WASHINGTON | DC | 20036 | NONE | PC | GENERAL SUPPORT AND ALLIANCE FOR CHARITABLE REFORM | $8,000 |
| SCHREINER UNIVERSITY | |||||||
| 2100 SAN ANTONIO HWY | KERRVILLE | TX | 78028 | NONE | PC | WHITEHURST AWARDS | $4,500 |
| SMU UNDERGRADUATE SCHOOL | |||||||
| PO BOX 750100 | DALLAS | TX | 75275 | NONE | PC | JOHN G. TOWER SUPPLEMENT TO ENDOWMENT | $20,000 |
| SOUTHWESTERN UNIVERSITY | |||||||
| 1001 E UNIVERSITY AVE | GEORGETOWN | TX | 78626 | NONE | PC | SUMNERS SCHOLARSHIP PROGRAM | $80,000 |
| ST EDWARDS UNIVERSITY | |||||||
| 3001 S CONGRESS AVE | AUSTIN | TX | 78704 | NONE | PC | SUMNERS SCHOLARSHIP PROGRAM | $80,000 |
| TEXAS CHRISTIAN UNIVERSITY | |||||||
| 2800 S UNIVERSITY DR | FORT WORTH | TX | 76129 | NONE | PC | DISTINGUISHED SCHOLARS (FORMERLY PARTIAL TUITION) | $70,000 |
| TEXAS TRIBUNE | |||||||
| 823 CONGRESS AVE | AUSTIN | TX | 78701 | NONE | PC | FESTIVAL, CONVERSATION SERIES & SYMPOSIUMS ON PUBLIC POLICY | $100,000 |
| TEXAS WESLEYAN UNIVERSITY | |||||||
| 1201 WESLEYAN ST | FORT WORTH | TX | 75105 | NONE | PC | SCHOLARSHIP PROGRAM DEVELOPMENT | $6,000 |
| UNIVERSITY OF DALLAS | |||||||
| 1845 E NORTHGATE DR | IRVING | TX | 75062 | NONE | PC | SUMNERS SCHOLARSHIP PROGRAM | $100,000 |
| UNIVERSITY OF NORTH TEXAS FOUNDATION | |||||||
| 1155 UNION CIRCLE | DENTON | TX | 76203 | NONE | PC | PUBLIC ADM. FELLOWSHIPS/LIVING ALLOWANCE | $153,500 |
| UNIVERSITY OF TEXAS AT AUSTIN | |||||||
| BOX 8058 | AUSTIN | TX | 78712 | NONE | PC | ANNETTE STRAUS INSTITUTE- NEW POLITICS FORUM | $175,000 |
| UNIVERSITY OF SOUTHWEST | |||||||
| 6610 N LOVINGTON HWY | HOBBS | NM | 88242 | NONE | PC | HWS RESPONSIBLE CITIZENSHIP SERIES | $18,000 |
| WOODROW WILSON HS COMMUNITY FOUNDATION | |||||||
| 100 S GLASSGOW | DALLAS | TX | 75214 | NONE | PC | TEXAS LEADERSHIP PROGRAM | $15,000 |
| YMCA ALBUQUERQUE CENTRAL NM | |||||||
| 4701 MONTANO RD NM | ALBUQUERQUE | NM | 87120 | NONE | PC | YOUTH AND GOVERNMENT | $75,000 |
| TEXAS STATE ALLIANCE OF OF YMCAS | |||||||
| 3208 RED RIVER ST | AUSTIN | TX | 78705 | NONE | PC | YOUTH AND GOVERNMENT | $155,000 |
| YMCA OKLAHOMA CITY | |||||||
| 100 W MAIN ST | OKLAHOMA CITY | OK | 73102 | NONE | PC | YOUTH AND GOVERNMENT | $81,175 |
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVE | SHERMAN | TX | 75090 | NONE | PC | CRIMINAL LAW SYMPOSIUM | $750 |
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVE | SHERMAN | TX | 75090 | NONE | PC | PUBLIC ADMINISTRATION SYMPOSIUM | $750 |
| THE BILL OF RIGHTS INSTITUTE | |||||||
| 200 NORTH GLEBE ROAD | ARLINGTON | VA | 22203 | NONE | PC | "TEXAS CITIZEN BEE" PROGRAM MAINTANANCE | $1,440 |
| FUND FOR AMERICAN STUDIES | |||||||
| 1706 NEW HAMPSHIRE AVE | WASHINGTON | DC | 20009 | NONE | PC | SUMNERS SCHOLARSHIPS | $4,000 |
| LAW FOCUSED EDUCSTATE BAR OF TEXAS | |||||||
| 14651 DALLAS PKWY | DALLAS | TX | 75254 | NONE | PC | TEACHER TRAINING INSTITUTE ON THE FOUNDING DOCUMENTS | $300,000 |
| LAW FOCUSED EDUCSTATE BAR OF TEXAS | |||||||
| 14651 DALLAS PKWY | DALLAS | TX | 75254 | NONE | PC | TEXAS CITIZEN BEE COMPETITION | $40,000 |
| SCHREINER UNIVERSITY | |||||||
| 2100 SAN ANTONIO HWY | KERRVILLE | TX | 78028 | NONE | PC | SCHOLARSHIP PROGRAM DEVELOPMENT | $8,000 |
| UNIVERSITY OF TEXAS AT AUSTIN | |||||||
| BOX 8058 | AUSTIN | TX | 78712 | NONE | PC | LBJ SCHOOL LEADERSHIP CONFERENCE 2006-2018 | $180,000 |
| NATIONAL CENTER FOR POLICY ANALYSIS | |||||||
| 14180 DALLAS PARKWAY 350 | DALLAS | TX | 75254 | NONE | PC | HATTON W. SUMNERS LECTURES | $75,000 |
| TEXAS CHRISTIAN UNIVERSITY | |||||||
| 2800 S UNIVERSITY DR | FORT WORTH | TX | 76129 | NONE | PC | iENGAGE SUMMER CIVICS INSTITUTE | $25,000 |
| WORLD AFFAIRS COUNCIL | |||||||
| 325 NORTH ST PAUL STREET 4200 | DALLAS | TX | 75201 | NONE | PC | CIVIC PARTICIPATION LECTURE SERIES | $7,200 |
| INSTITUTE FOR POLICY INNOVATION | |||||||
| 1660 S INTERSTATE 35-E | LEWISVILLE | TX | 75067 | NONE | PC | HWS DISTINGUISHED LECTURES 2 NEW IN 2017 | $150,000 |
| LIBERTAS ACADEMY | |||||||
| 33617 E FOWLER AVE | TAMPA | FL | 33617 | NONE | PC | SPRING CIVICS INSTITUTE: INSTRUCTION AND CURRICULUM | $15,000 |
| TEXAS STATE UNIVERSITY | |||||||
| 601 UNIVERSITY | SAN MARCOS | TX | 78666 | NONE | PC | DISCOURSE IN DEMOCRACY PROJECT | $5,350 |
| FOUNDATION FOR RESPONSIBLE TELEVISI | |||||||
| 2904 FLOYD STREET | DALLAS | TX | 75204 | NONE | PC | MCCUISTION PROGRAMS | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,551,868 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $831,467 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $621,213 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | -$16,097 | UnrelatedBusinessTaxblIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $239,181 | ExclusionAmt |
| Related Or Exempt Function Incm | $46,999 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OIL & GAS ROYALTIES | Desc |
| Exclusion | 15 | ExclusionCd |
| Exclusion | $475,397 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$16,097 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,167,258 | ExclusionAmt |
| Related Or Exempt Function Incm | $46,999 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,198,160 | 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 |
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 Person | C GREGORY RODGERS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1370 BENT TRAIL | AddressLine1Txt |
| City | SOUTHLAKE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $10,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $25,000 | Amt |
| Net Investment Income | $12,500 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $12,500 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD VINIX US BANK | $8,809,861 | $8,809,861 |
| BROADVIEW OPPORTUNITY | $3,743,999 | $3,743,999 |
| NUANCE CONCENTRATE VALUE | $3,901,939 | $3,901,939 |
| BLAIRE BESIX-US BANK | $2,369,941 | $2,369,941 |
| LAZARD INTERNATIONAL STRATEGY | $2,987,987 | $2,987,987 |
| JMGRX-JANIS ENTER FUND | $3,718,915 | $3,718,915 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land | CategoryOrItemTxt |
| Cost Or Other Basis | $279,402 | CostOrOtherBasisAmt |
| Book Value | $279,402 | BookValueAmt |
| EOYFMV | $279,402 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (38 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMERRA AGRI FUND II LP | FMV | $1,467,359 | $1,467,359 |
| WHITEBOX MULTI STRATEGY FUND | FMV | $3,435,509 | $3,435,509 |
| K-18 ML WELSH CARSON | FMV | $178,800 | $178,800 |
| ML-K-18-WP TRUST IV | FMV | $84,447 | $84,447 |
| KAYNE ANDERSON RE PTNR | FMV | $499,161 | $499,161 |
| LINX FUND I LP | FMV | $4,439,839 | $4,439,839 |
| CAPITAL ROY PARTNERS II | FMV | $1,879,908 | $1,879,908 |
| TIDELAND ROYALTY TRUST "B" | FMV | $44,955 | $44,955 |
| ORRI GULF OF MEXICO | FMV | $451,983 | $451,983 |
| ORRI OFFSHORE #2 | FMV | $281,163 | $281,163 |
| ORRI OKLAHOMA #1 | FMV | $188,039 | $188,039 |
| ORRI OKLAHOMA #2 | FMV | $132,856 | $132,856 |
| ORRI KANSAS | FMV | $67,822 | $67,822 |
| ORRI LOUISIANA | FMV | $3,545 | $3,545 |
| ORRI TEXAS | FMV | $6,456 | $6,456 |
| ORRI OKLAHOMA #3 | FMV | $43,884 | $43,884 |
| ORRI NEW MEXICO #1 | FMV | $55,337 | $55,337 |
| ORRI TEXAS #2 | FMV | $27,778 | $27,778 |
| ORRI TEXAS #3 | FMV | $50,659 | $50,659 |
| ORRI TEXAS #4 | FMV | $92,064 | $92,064 |
| ORRI LOUISIANA #2 | FMV | $352 | $352 |
| ORRI LOUISIANA # 3 | FMV | $19,830 | $19,830 |
| ORRI TEXAS #5 | FMV | $48,942 | $48,942 |
| ORRI NEW MEXICO #2 | FMV | $4,416 | $4,416 |
| ORRI TEXAS # 6 | FMV | $20,793 | $20,793 |
| ORRI LOUISIANA #5 | FMV | $60,240 | $60,240 |
| ORRI KANSAS #2 | FMV | $128,578 | $128,578 |
| ORRI WYOMING #1 | FMV | $202,245 | $202,245 |
| MADISON 1600 VICEROY | FMV | $314,571 | $314,571 |
| BACELINE NO DEBT RE FD | FMV | $477,167 | $477,167 |
| BACELINE NOP DEBT III | FMV | $499,784 | $499,784 |
| BRIARGROVE PLACE OFFICE BUILDING | FMV | $1,563,609 | $1,563,609 |
| TALON 2525 MCKINNON | FMV | $991,279 | $991,279 |
| HERITAGE OFFICE BUILDING (PAR CAPITAL) | FMV | $732,070 | $732,070 |
| PINNACLE IV | FMV | $2,239,988 | $2,239,988 |
| AMERRA AGRI FUND III | FMV | $1,125,382 | $1,125,382 |
| HACKBERRY CREEK | FMV | $1,754,308 | $1,754,308 |
| MADISON, LLC | FMV | $3,012,728 | $3,012,728 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $122,016 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $83,552 | AccumulatedDepreciationAmt |
| Book Value | $38,464 | BookValueAmt |
| EOYFMV | $38,464 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $488 | LegalFeesAmt |
| Net Investment Income | $488 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| INFORMATION TECHNOLOGY | $14,157 | $14,157 | |
| INSURANCE | $24,052 | $24,052 | |
| INVESTMENT EXPENSES | $154,291 | $3,557 | $150,734 |
| NEWSLETTER PROGRAM | $6,123 | $6,123 | |
| OIL & GAS MAINTENANCE | $22,000 | $22,000 | |
| PARKING | $6,550 | $3,275 | $3,275 |
| POSTAGE | $1,201 | $731 | $470 |
| Rental Expenses | $261,006 | ||
| REPAIRS & MAINTENANCE | $1,496 | $24 | $1,472 |
| ROYALTY OIL & GAS EXPENSE | $8,455 | $8,455 | |
| SUPPLIES | $4,473 | $2,489 | $1,984 |
| TELEPHONE | $10,016 | $5,008 | $5,008 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OIL & GAS ROYALTIES | $475,397 | $475,397 |
| Rental Income - Noninvestment Property | $244,909 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $37,434 | ||
| PAYROLL TAX | $21,893 | $11,541 | $10,352 |
| PROPERTY TAX | $7,775 | $7,775 |
Comments