W C PAYNE FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- W C PAYNE FOUNDATION (EIN 83-0343851)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201603219349100200
- Schema version
- 2015v2.1
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T00:00:00-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2200 ROSS AVE SUITE 1600 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 830343851 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | W C PAYNE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WCPA | BusinessNameControlTxt |
| Phone | 2149319738 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3953 MAPLE AVENUE No 290 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75219 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BROOKE MCNEIL | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2149319738 | PhoneNum |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BROOKE MCNEIL | PreparerPersonNm |
| PTIN | P00849302 | PTIN |
| Phone | 2148407000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $9,355,122 | 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 | $5,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $83,587 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $83,587 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,204,048 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,719,502 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,204,048 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $356,429 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $356,429 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $8,644,064 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,644,064 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $175 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $175 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $17,257 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $17,257 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $6,893 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,464 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $80,609 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $80,609 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $104,934 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $99,505 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $268,574 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $268,574 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $373,508 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $99,505 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $268,574 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $8,270,556 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,544,559 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $60 | CashEOYAmt |
| Cash EOYFMV | $60 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $34,058 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,593,028 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,593,028 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,285,940 | CorporateStockBOYAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $0 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $7,000,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,762,034 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,319,998 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,593,088 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,355,122 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $2,319,998 | RetainedEarningBOYAmt |
| Retained Earning EOY | $9,593,088 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,319,998 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,593,088 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,319,998 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,593,088 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,319,998 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $8,270,556 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $10,590,554 | SubtotalAmt |
| Other Decreases | $997,466 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,593,088 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Kraft Foods Group Inc. | P | 2007-04-10 | 2015-01-23 | $155,868 | $34,207 | $121,661 | $121,661 |
| Magellan Midstream Partners LP | P | 2008-04-28 | 2015-04-30 | $1,678,568 | $546,424 | $1,132,144 | $1,132,144 |
| Mondelez Intl Inc | P | 2007-04-10 | 2015-02-23 | $270,557 | $63,730 | $206,827 | $206,827 |
| Philip Morris Intl Inc | P | 2003-11-30 | 2015-04-28 | $827,249 | $256,558 | $570,691 | $570,691 |
| Altria Group Inc | P | 2006-11-30 | 2015-06-19 | $495,496 | $112,590 | $382,906 | $382,906 |
| BP PLC SPON ADR | P | 2009-09-22 | 2015-02-23 | $205,047 | $277,903 | -$72,856 | -$72,856 |
| GENUINE PARTS CO | P | 2003-09-23 | 2015-06-19 | $647,838 | $227,850 | $419,988 | $419,988 |
| Global Endowment Fund II, L.P. - Short Term | P | -$964 | -$964 | ||||
| global Endowment Fund II, L.P. - Long Term | P | -$322 | -$322 | ||||
| Meridian Bioscience | P | 2014-06-30 | 2015-02-23 | $216,009 | $216,009 | $216,009 | |
| Nordic American Offshore Ltd | P | 2014-06-30 | 2015-06-19 | $324 | $324 | $324 | |
| Nordic American Tankers Ltd | P | 2014-06-30 | 2015-02-23 | $50,449 | $50,449 | $50,449 | |
| Pfizer Inc. | P | 2014-06-30 | 2015-02-23 | $172,097 | $172,097 | $172,097 | |
| GLObal Endowment Fund II, L.P. - Other Gains | P | $5,094 | $5,094 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,204,048 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $443,009 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $176,614 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,023,653 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.043894 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $143,107 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,378,827 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.042354 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $120,849 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,854,798 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.042332 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $112,118 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,494,673 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.044943 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $93,890 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,238,214 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.041949 | DistributionYr5Rt |
| Total Distribution | 0.215472 | TotalDistributionRt |
| Average Distribution | 0.043094 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,789,014 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $292,566 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $35,446 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $328,012 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $268,574 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $70,891 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $70,891 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $70,891 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,000 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $68,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $73,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1,563 | EsPenaltyAmt |
| Overpayment | $546 | OverpaymentAmt |
| Applied To ES Tax | $546 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Org Report Or Register State | OK | 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 |
| Individual With Books | WILLIAM G PAYNE | IndividualWithBooksNm |
| Phone | 2149319738 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3953 MAPLE AVENUE SUITE 290 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75219 | 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 | Yes (1) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2013 | UndistributedIncomePY1Yr |
| Undistr Incm Sect4942a2 Not App | Yes (1) | UndistrIncmSect4942a2NotAppInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| William G Payne | ||||||||
| 3953 Maple Avenue Suite 290 | DALLAS | TX | 75219 | President & Director | 2.00 | $0 | $0 | $0 |
| Joan N Payne | ||||||||
| 1610 Westminster City | Oklahoma City | OK | 73112 | Secretary & Director | 2.00 | $0 | $0 | $0 |
| Caroline P Young | ||||||||
| 4512 Tamarisk Drive | OKlahoma City | OK | 73142 | Director | 1.00 | $0 | $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 | $131,467 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,764,315 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,996,618 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,892,400 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,892,400 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $103,386 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,789,014 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $339,451 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $339,451 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $70,891 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $86,396 | IncomeTaxAmt |
| Total Tax | $157,287 | TotalTaxAmt |
| Distributable Before Adj | $182,164 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $182,164 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $182,164 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $268,574 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $268,574 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $268,574 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $182,164 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $186,458 | UndistributedIncomePYAmt |
| Prior Year1 | 2013 | PriorYear1Yr |
| Total For Prior Years | $164,815 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $268,574 | QualifyingDistributionsAmt |
| Applied To Year1 | $186,458 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $82,116 | 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 | $164,815 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $164,815 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $100,048 | 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 | W C PAYNE FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3953 MAPLE AVENUE SUITE 290 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2149319738 | RecipientPhoneNum |
| Form And Info And Materials | NO SPECIFIC FORM HAS BEEN DEVELOPED | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| YMCA | |||||||
| 2460 NW 38th | Oklahoma City | OK | 73112 | N/A | PC | Operations | $25,000 |
| THE BRIDGE | |||||||
| PO Box 710100 | Dallas | TX | 753710100 | N/A | PC | Operations | $55,750 |
| SPECIAL CARE | |||||||
| 12201 North Western Ave | oklahoma City | OK | 73112 | N/A | PC | Operations | $30,000 |
| MERCY HEALTH FOUNDATION | |||||||
| 13321 N Meridian Suite 206 | oklahoma City | OK | 73120 | N/A | PC | Operations | $10,000 |
| NICHOLS HILLS UMC | |||||||
| 1212 Bedford Drive | oklahoma City | OK | 731166307 | N/A | PC | Operations | $22,824 |
| Washington and Lee University | |||||||
| development Building | lexington | VA | 244502116 | N/A | PC | Operations | $75,000 |
| The Rise School | |||||||
| 5923 Royal Lane | dallas | TX | 75230 | N/A | PC | Operations | $25,000 |
| Teach for America | |||||||
| 600 N Pearl Street Suite S2300 | dallas | TX | 75201 | N/A | PC | Operations | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $268,574 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| thE BRIDGE | |||||||
| PO Box 710100 | Dallas | TX | 753710100 | N/A | PC | Operations | $100,000 |
| washington and Lee University | |||||||
| Development Building | Lexington | VA | 244502116 | N/A | PC | Operations | $200,000 |
| YMCA of Dallas | |||||||
| 2460 NW 38th | oklahoma City | OK | 73112 | N/A | PC | Operations | $50,000 |
| Special Care | |||||||
| 12201 North Western Ave | oklahoma City | OK | 73112 | N/A | PC | Operations | $25,000 |
| KIPP DFW | |||||||
| 1545 S Ewing | dallas | TX | 75216 | N/A | PC | Operations | $25,000 |
| American Cancer Society | |||||||
| Bank of America Na PO Box 831 | dallas | TX | 75283 | N/A | PC | Operations | $10,000 |
| Habitat for Humanity | |||||||
| 2800 N Hampton Rd | dallas | TX | 75212 | N/A | PC | Operations | $40,000 |
| Oklahoma City Museum of Art | |||||||
| 415 Couch Drive | oklahoma City | OK | 73102 | N/A | PC | Operations | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $470,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $83,587 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $294,864 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $61,565 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,204,048 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $294,864 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,349,200 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,644,064 | 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 WILLIAM C PAYNE | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3953 MAPLE AVENUE SUITE 290 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NORDIC AMERICAN TANKER | $0 | $0 |
| ALTRIA GROUP | $0 | $0 |
| KRAFT | $0 | $0 |
| BP PLC | $0 | $0 |
| MERIDIAN BIOSCIENCE, INC. | $0 | $0 |
| PFIZER CORP | $0 | $0 |
| PHILLIP MORRIS INTERNATIONAL | $0 | $0 |
| MAGELLAM MIDSTREAM | $0 | $0 |
| MONDELEZ | $0 | $0 |
| GENUINE PARTS CO | $0 | $0 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | GLOBAL ENDOWMENT FUND II, LP | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $7,000,000 | BookValueAmt |
| EOYFMV | $6,762,034 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Partnership Distributions Previously Reported as Income | Desc |
| Amt | $997,466 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Global Endowment Fund II, L.P. - other deductions | $11,483 | $11,483 | $0 | $0 |
| Global Endowment Fund II, L.P. - 2% Portfolio Deductions | $69,126 | $69,126 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Global Endowment Managers - Ordinary Income | -$9,078 | -$9,078 | $0 |
| Global Endowment Managers - Sec. 988 Currency Gain | $18,236 | $18,236 | $0 |
| global Endowment Managers - Sec. 1256 Gain | -$1,256 | -$1,256 | $0 |
| Global Endowment Managers - Sec. 475 MTM Gain | $11,280 | $11,280 | $0 |
| UBS Financial Services - Miscellaneous | $28,250 | $28,250 | $0 |
| Magellan Midstream Partners - Ordinary Income | $14,133 | $14,133 | $0 |
| MAgellan Midstream Partners - IRC SEC 751 INCOME | $299,268 | $299,268 | $0 |
| GLObal Endowment Managers - UBTI | -$18,537 | -$18,537 | $0 |
| MAGellan Midstream Partners - UBTI | $14,133 | $14,133 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BANK FEES | CategoryTxt |
| Amt | $175 | Amt |
| Net Investment Income | $175 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Global Endowment Fund II, L.P. | $1,464 | $1,464 | $0 | $0 |
| FEDERAL INCOME TAXES | $5,429 | $0 | $0 | $0 |
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