THE LOOPER FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- THE LOOPER FOUNDATION (EIN 76-0330594)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-14
- IRS object ID
- 201613199349101211
- Schema version
- 2015v2.0
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-14T08:33:18-08:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 770275132 | 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 | 760330594 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Looper Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOOP | BusinessNameControlTxt |
| Phone | 2813682739 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11757 Katy Freeway | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77079 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Terry Looper | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2016-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jody Blazek | PreparerPersonNm |
| PTIN | P00072674 | PTIN |
| Phone | 7134395739 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $60,861,789 | 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 | $37,658 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,108,672 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,077,034 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $139,637 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,091,056 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $165,073 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $408,480 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $426,676 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,694,447 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,668,783 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $2,931 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $2,931 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $36,408 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $18,204 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $18,204 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $415,625 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $211,462 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $204,163 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $29,713 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,247 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $591,212 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $139,920 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $480 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,075,889 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $374,833 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $225,778 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,018,813 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,018,813 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,094,702 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $374,833 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,244,591 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$400,255 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,293,950 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,071,196 | CashBOYAmt |
| Cash EOY | $482,097 | CashEOYAmt |
| Cash EOYFMV | $482,097 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $8,115,802 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $12,389,501 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $12,389,501 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $12,719,276 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,001,655 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $12,138,583 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $25,773,094 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $26,692,572 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $25,228,644 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $15,324,164 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $11,272,854 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,622,964 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $63,003,532 | TotalAssetsBOYAmt |
| Total Assets EOY | $61,838,679 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $60,861,789 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $767,267 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $767,267 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $62,236,265 | RetainedEarningBOYAmt |
| Retained Earning EOY | $61,838,679 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $62,236,265 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $61,838,679 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $63,003,532 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $61,838,679 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $62,236,265 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$400,255 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,669 | OtherIncreasesAmt |
| Subtotal | $61,838,679 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $61,838,679 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded securities | $3,357,288 | $3,692,879 | -$335,591 | -$335,591 | |||
| Capital gain distributions | $183,482 | $183,482 | $183,482 | ||||
| Passthrough K-1 capital gain | $317,225 | $317,225 | $317,225 | ||||
| Hawkins Investment Partnership L.P. | $4,231,941 | $4,231,984 | -$43 | -$43 | P | 2013-04-30 | 2015-04-15 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $165,073 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,035,660 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $57,389,931 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.01805 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,612,856 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $53,775,501 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.06718 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,392,822 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $52,208,665 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.02668 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,164,642 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $18,701,443 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.11575 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,722,894 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $4,037,404 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.42673 | DistributionYr5Rt |
| Total Distribution | 0.654388 | TotalDistributionRt |
| Average Distribution | 0.130878 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $60,638,227 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $7,936,210 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $12,940 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $7,949,150 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,244,591 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $25,879 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $25,879 | SubtotalAmt |
| Tax Based On Investment Income | $25,879 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $19,096 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $14,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $33,096 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $5 | EsPenaltyAmt |
| Overpayment | $7,212 | OverpaymentAmt |
| Applied To ES Tax | $7,212 | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pamela Maziur | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2813682739 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11757 Katy Freeway Suite 1400 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77079 | 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 | false | 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 | false | 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Terry Looper | ||||||
| 11757 Katy Freeway Suite 1400 | Houston | TX | 77079 | President | 10.00 | $0 |
| Jeannie Lynn Able | ||||||
| 11757 Katy Freeway Suite 1400 | Houston | TX | 77079 | Vice Pres. | 2.00 | $0 |
| Doris Looper | ||||||
| 11757 Katy Freeway Suite 1400 | Houston | TX | 77079 | Secretary | 2.00 | $0 |
| Tanya Jean Pitre | ||||||
| 11757 Katy Freeway Suite 1400 | Houston | TX | 77079 | Treasurer | 2.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Hire Universe | |||||
| 5517 Aspen St | Houston | TX | 77081 | See Part IX-A | $120,000 |
| Lowery Asset Consulting | |||||
| 20 North Wacker Drive Ste 3850 | Chicago | IL | 60606 | Investment mgmt | $58,029 |
| Dr Norman Lawson | |||||
| 7887 San Felipe St 248 | Houston | TX | 77063 | See Part IX-A | $61,217 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | The Foundation engages consultants to advise its grantees in the areas of operating efficiency, community profile and awareness, relations among operating personnel, counseling and program evaluations. | Description1Txt |
| Expenses1 | $204,163 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $39,063,194 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $10,658,087 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $11,840,371 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $61,561,652 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $61,561,652 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $923,425 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $60,638,227 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,031,911 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,031,911 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $25,879 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $25,879 | TotalTaxAmt |
| Distributable Before Adj | $3,006,032 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $2,669 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,008,701 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,008,701 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,244,591 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,244,591 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,244,591 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,008,701 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $257,532 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $544,794 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $693,960 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $1,496,286 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,244,591 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,244,591 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $1,496,286 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,496,286 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $267,824 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Terry Looper | ContributingManagerNm |
| Contributing Manager | Doris Looper | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See attachment | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | State and zipcode for e-filing | AddressLine1Txt |
| City | purposes | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77079 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See attachment | GrantOrContributionPurposeTxt |
| Amt | $1,018,813 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,018,813 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,108,672 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $1,120 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $138,517 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| Passthrough K-1 income | 525990 | -$18,372 | 14 | $421,163 |
| Royalties | 15 | $5,689 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$17,252 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,674,041 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,656,789 | 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 | Terry and Doris Looper | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11757 Katy Freeway Suite 1400 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77079 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $37,658 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 1,386 shares of Matador Resources Co | NoncashPropertyDesc |
| Fair Market Value | $37,658 | FairMarketValueAmt |
| Received | 2015-05-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Bookkeeping | CategoryTxt |
| Amt | $36,408 | Amt |
| Net Investment Income | $18,204 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $18,204 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)
| AssetAssetDesc | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Basis MethodBasisMethodTxt | Total NetTotalNetAmt |
|---|---|---|---|---|
| Publicly-traded securities | $3,357,288 | $3,719,435 | Cost | -$362,147 |
| Capital gain distributions | $183,482 | Cost | $183,482 | |
| Passthrough K-1 capital gain | $317,225 | Cost | $317,225 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 898,611 shs Metropolitan West Total Fund | $9,891,805 | $9,543,247 |
| 380,001 shs PIMCO Incm Inst Cl Fund | $4,826,926 | $4,457,413 |
| 295,665 shs Scout Core Plus Bd Fd Cl | $9,675,901 | $9,266,148 |
| 170,150 shs Templeton Global Bond Fund | $2,297,940 | $1,961,836 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Encino Energy, LLC | AT COST | $1,094,208 | $1,340,939 |
| Salient Zarvona Energy Fund, LP | AT COST | $1,540,015 | $1,763,888 |
| HV Partners LP | AT COST | $56,239 | $56,671 |
| BlackGold Opportunity Fund, LP | AT COST | $2,066,428 | $1,296,909 |
| StepStone Secondary Opportunities Fd LP | AT COST | $1,034,929 | $1,287,200 |
| Sanderson International Value Fund | AT COST | $4,713,537 | $4,526,727 |
| Salient Zarvona Energy Fund II | AT COST | $767,498 | $350,630 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General governance | CategoryTxt |
| Legal Fees | $2,931 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,931 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Bank fees | $42 | $42 | |
| K-1 expenses | $590,358 | $139,878 | |
| Membership dues | $100 | $100 | |
| Other expenses | $332 | ||
| Web expense | $380 | $380 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Passthrough K-1 income | $402,791 | $420,987 |
| Royalties | $5,689 | $5,689 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Returned grants | Desc |
| Amt | $2,669 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Investment management services | $211,462 | $211,462 | $0 | $0 |
| Nonprofit consult - see Part IX-A | $204,163 | $0 | $0 | $204,163 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Federal tax | $24,466 | |
| State tax withheld by partnership | $5,247 | $5,247 |
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